RESTRICTED CASH

9 Months Ended

Dec. 31, 2023

Restricted Cash [Abstract]

RESTRICTED CASH

RESTRICTED CASH

Restricted cash for the periods ended December 31, 2023, and March 31, 2023, consisted of:

	December 31, 2023		March 31, 2023
Brokerage customers’ cash	$	280,404	$	328,435
Guaranty deposits	104,838		116,628
Restricted bank accounts	8,013		10,436
Deferred distribution payments	23		23
Allowance for restricted cash	(8,725)		(9,994)
Total restricted cash	$	384,553	$	445,528

As of December 31, 2023, and March 31, 2023, part of the Group’s restricted cash is segregated in a special custody account for the exclusive benefit of the relevant brokerage customers.