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MARGIN LENDING AND TRADE PAYABLES | 12 Months Ended
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Mar. 31, 2024
Accounts Payable [Abstract] |
MARGIN LENDING AND TRADE PAYABLES | MARGIN LENDING AND TRADE PAYABLES As of March 31, 2024 and 2023, margin lending and trade payables of the Group were comprised of the following:
| March 31, 2024 |  | March 31, 2023
Margin lending payable | $ | 839,454 |  |  | $ | 117,144 |
Payables to merchants | 13,475 |  |  | 382 |
Payables to suppliers of goods and services | 10,525 |  |  | 2,965 |
Trade payable for securities purchased | 485 |  |  | 482 |
Other | 3,941 |  |  | 1,927 |
Total margin lending and trade payables | $ | 867,880 |  |  | $ | 122,900 |
As of March 31, 2024 there were no margin lending payable to any related party. As of March 31, 2023, margin lending payable to a single related party amounted to $3,239, which represented 3% of the total margin lending payable. The fair value of collateral by the Group under margin loans as of March 31, 2024, and 2023 was $2,400,361 and $164,861, respectively.

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- Definition The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(a),20,24) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
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