RESTRICTED CASH

12 Months Ended

Mar. 31, 2025

Restricted cash for the periods ended March 31, 2025 and 2024, consisted of:


	March 31, 2025		March 31, 2024

Brokerage customers' cash	$	737,546	$	366,260
Guaranty deposits	70,026		97,052
Restricted bank accounts	8,122		8,079
Due from banks	6,904		6,374
Deferred distribution payment	23		23
Allowance for restricted cash	(15,153)		(15,151)

Total restricted cash	$	807,468	$	462,637

As of March 31, 2025, and March 31, 2024, part of the Group's restricted cash was segregated in a special custody accounts for the exclusive benefit of the relevant brokerage customers.