NET INTEREST INCOME/EXPENSE (Tables)

9 Months Ended

Dec. 31, 2023

Investments, Debt and Equity Securities [Abstract]

Interest Income and Interest Expense Disclosure

Net interest income/expense for the three months ended December 31, 2023, and December 31, 2022 includes:

	Three Months Ended December 31, 2023		Three Months Ended December 31, 2022
Interest income:
Interest income on trading securities	$	112,860	$	44,760
Interest income on margin loans to customers	51,553		12,379
Interest income on loans to customers	49,529		12,327
Interest income on securities available-for-sale	7,478		6,727
Interest income on reverse repurchase agreements and amounts due from banks	5,025		$	4,062
Total interest income	$	226,445	$	80,255
Interest expense:
Interest expense on securities repurchase agreement obligations	$	110,778	$	39,958
Interest expense on customer accounts and deposits	15,653		11,149
Interest expense on margin lending payable	3,211		—
Interest expense on debt securities issued	1,491		842
Interest expense on loans received	36		88
Other interest expense	54		—
Total interest expense	$	131,223	$	52,037
Net interest income	$	95,222	$	28,218

Net interest income/expense for the nine months ended December 31, 2023, and December 31, 2022 includes:

	Nine Months Ended December 31, 2023		Nine Months Ended December 31, 2022
Interest income:
Interest income on trading securities	$	313,739	$	116,922
Interest income on loans to customers	123,730		24,158
Interest income on margin loans to customers	111,306		27,259
Interest income on securities available-for-sale	25,476		13,280
Interest income on reverse repurchase agreements and amounts due from banks	12,012		6,198
Other interest income	2,594		—
Total interest income	$	588,857	$	187,817
Interest expense:
Interest expense on securities repurchase agreement obligations	$	303,242	$	105,466
Interest expense on customer accounts and deposits	49,120		24,780
Interest expense on margin lending payable	9,671		—
Interest expense on debt securities issued	3,387		2,457
Interest expense on loans received	89		268
Other interest expense	141		—
Total interest expense	$	365,650	$	132,971
Net interest income	$	223,207	$	54,846