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Brokerage and Other Receivables, Net | 3 Months Ended
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Jun. 30, 2020
Brokerage and Other Receivables, Net |
NOTE 7 - BROKERAGE AND OTHER RECEIVABLES, NET | NOTE 7 - BROKERAGE AND OTHER RECEIVABLES, NET
|  | June 30, 2020 |  |  | March 31, 2020 |
Margin lending receivables |  | $ | 98,469 |  |  | $ | 107,770 |
Receivables from brokerage clients |  |  | 1,668 |  |  |  | 4,396 |
Bonds coupon receivable |  |  | 813 |  |  |  | - |
Receivable from sale of securities |  |  | 616 |  |  |  | 1,498 |
Bank commissions receivable |  |  | 352 |  |  |  | 218 |
Receivable for underwriting and market-making services |  |  | 263 |  |  |  | 67 |
Other receivables |  |  | 575 |  |  |  | 51 |
Allowance for receivables |  |  | (234 | ) |  |  | (313 | )
Total brokerage and other receivables, net |  | $ | 102,522 |  |  | $ | 113,687 |
On June 30, 2020 and March 31, 2020, amounts due from a single related party customer were $68,135 or 66% and $90,696 or 80%, respectively. Based on experience, the Company considers receivables due from related parties fully collectible. As of June 30, 2020, and March 31, 2020, using historical and statistical data, the Company recorded an allowance for brokerage receivables in the amount of $234 and $313, respectively.

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- Definition The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -URI http://asc.fasb.org/subtopic&trid=2196772 + Details
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