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RELATED PARTY TRANSACTIONS (Tables) | 9 Months Ended
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Dec. 31, 2023
Related Party Transactions [Abstract] |
Schedule of Related Party Transactions | The following table presents related party transactions as of December 31, 2023, and March 31, 2023:
| December 31, 2023 |  | March 31, 2023
| Related party balances |  | Total category as per financial statements captions |  | Related party balances |  | Total category as per financial statements captions
ASSETS |  |  |  |  |  |  |
Cash and cash equivalents | $ | — |  |  | $ | 561,883 |  |  | $ | 35,549 |  |  | $ | 581,417 |
Companies controlled by management | — |  |  |  |  | 35,549 |  |  |
Restricted cash | 67,215 |  |  | $ | 384,553 |  |  | $ | 114,885 |  |  | $ | 445,528 |
Companies controlled by management | 67,215 |  |  |  |  | 114,885 |  |  |
Trading securities | $ | 16,220 |  |  | $ | 3,680,453 |  |  | $ | 556 |  |  | $ | 2,412,556 |
Companies controlled by management | 16,220 |  |  |  |  | 556 |  |  |
Margin lending, brokerage and other receivables, net | $ | 43,241 |  |  | $ | 961,392 |  |  | $ | 295,611 |  |  | $ | 376,329 |
Management | 14,036 |  |  |  |  | 4,209 |  |  |
Companies controlled by management | 29,205 |  |  |  |  | 291,402 |  |  |
Loans issued | $ | 144,289 |  |  | $ | 1,346,005 |  |  | $ | 121,316 |  |  | $ | 826,258 |
Management | 116 |  |  |  |  | 139 |  |  |
Companies controlled by management | 144,173 |  |  |  |  | 121,177 |  |  |
Other assets, net | $ | 533 |  |  | $ | 88,244 |  |  | $ | 16,102 |  |  | $ | 73,463 |
Companies controlled by management | 533 |  |  |  |  | 16,102 |  |  |
LIABILITIES |  |  |  |  |  |  |
Customer liabilities | $ | 112,701 |  |  | $ | 2,248,042 |  |  | $ | 130,210 |  |  | $ | 1,925,247 |
Management | 5,243 |  |  |  |  | 19,789 |  |  |
Companies controlled by management | 106,561 |  |  |  |  | 110,253 |  |  |
Other | 897 |  |  |  |  | 168 |  |  |
Margin lending and trade payables | $ | 474 |  |  | $ | 145,804 |  |  | $ | 3,721 |  |  | $ | 122,900 |
Management | 222 |  |  |  |  | 227 |  |  |
Companies controlled by management | 252 |  |  |  |  | 3,494 |  |  |
Other liabilities | $ | 11,783 |  |  | $ | 61,447 |  |  | $ | 46 |  |  | $ | 30,060 |
Management | 7,700 |  |  |  |  | — |  |  |
Companies controlled by management | 4,074 |  |  |  |  | 46 |  |  |
Other | 9 |  |  |  |  | — |  |  |
| Three Months Ended December 31,
| 2023 |  | 2022
| Related party transactions |  | Total category as per financial statements captions |  | Related party transactions |  | Total category as per financial statements captions
Revenue: |  |  |  |  |  |  |
Fee and commission income | $ | 30,112 |  |  | $ | 120,159 |  |  | $ | 44,590 |  |  | $ | 80,883 |
Management | 226 |  |  |  |  | 149 |  |  |
Companies controlled by management | 29,878 |  |  |  |  | 44,441 |  |  |
Other | 8 |  |  |  | — |  |  |
Interest income | $ | 7,566 |  |  | $ | 226,445 |  |  | $ | 10,796 |  |  | $ | 80,255 |
Management | 208 |  |  |  |  | — |  |  |
Companies controlled by management | 7,358 |  |  |  |  | 10,796 |  |  |
Net gain on foreign exchange operations | $ | 593 |  |  | $ | 38,825 |  |  | $ | — |  |  | $ | 20,866 |
Management | 13 |  |  |  | — |  |  |
Companies controlled by management | 580 |  |  |  | — |  |  |
Expense: |  |  |  |  |  |  |
Fee and commission expense | $ | 55 |  |  | $ | 42,818 |  |  | $ | 2,304 |  |  | $ | 18,314 |
Companies controlled by management | 55 |  |  |  |  | 2,304 |  |  |
Interest expense | $ | 230 |  |  | $ | 131,223 |  |  | $ | 82 |  |  | $ | 52,037 |
Management | 62 |  |  |  |  | 1 |  |  |
Companies controlled by management | 160 |  |  |  |  | 81 |  |  |
Other | 8 |  |  |  |  | — |  |  |
General and administrative expenses | $ | 1,502 |  |  | $ | 32,106 |  |  | $ | 600 |  |  | $ | 16,428 |
Management | 226 |  |  |  |  | 105 |  |  |
Companies controlled by management | 1,041 |  |  |  |  | 495 |  |  |
Other | 235 |  |  |  |  | — |  |  |
| Nine Months Ended December 31,
| 2023 |  | 2022
| Related party transactions |  | Total category as per financial statements captions |  | Related party transactions |  | Total category as per financial statements captions
Revenue: |  |  |  |  |  |  |
Fee and commission income | $ | 66,029 |  |  | $ | 330,565 |  |  | $ | 181,396 |  |  | $ | 253,486 |
Management | 691 |  |  |  |  | 382 |  |  |
Companies controlled by management | 65,322 |  |  |  |  | 181,014 |  |  |
Other | 16 |  |  |  |  | — |  |  |
Interest income | $ | 22,650 |  |  | $ | 588,857 |  |  | $ | 21,659 |  |  | $ | 187,817 |
Management | 512 |  |  |  |  | — |  |  |
Companies controlled by management | 22,137 |  |  |  |  | 21,659 |  |  |
Other | 1 |  |  |  |  | — |  |  |
Net gain on foreign exchange operations | $ | 5,236 |  |  | $ | 54,430 |  |  | $ | — |  |  | $ | 30,014 |
Management | 14 |  |  |  |  | — |  |  |
Companies controlled by management | 5,222 |  |  |  |  | — |  |  |
Expense: |  |  |  |  |  |  |
Fee and commission expense | $ | 235 |  |  | $ | 103,116 |  |  | $ | 2,657 |  |  | $ | 60,068 |
Companies controlled by management | 235 |  |  |  |  | 2,657 |  |  |
Interest expense | $ | 635 |  |  | $ | 365,650 |  |  | $ | 129 |  |  | $ | 132,971 |
Management | 236 |  |  |  | 1 |  |  |
Companies controlled by management | 384 |  |  |  | 128 |  |  |
Other | 15 |  |  |  | — |  |  |
General and administrative expenses | $ | 9,063 |  |  | $ | 86,211 |  |  | $ | 803 |  |  | $ | 40,943 |
Management | 397 |  |  |  |  | 269 |  |  |
Companies controlled by management | 8,346 |  |  |  |  | 534 |  |  |
Other | 320 |  |  |  |  | — |  |  |

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- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
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