Cash and Cash Equivalents

9 Months Ended

Dec. 31, 2019

Cash and Cash Equivalents [Abstract]

Cash and Cash Equivalents

Cash and cash equivalents consist of the following:

	December 31, 2019		March 31, 2019
Securities purchased under reverse repurchase agreements	$	21,578	$	7,887
Accounts with stock exchanges		21,062		10,507
Current accounts with commercial banks		17,689		6,656
Current accounts in clearing organizations		14,088		5,887
Petty cash in bank vault and on hand		6,802		2,674
Current account with Central Bank (Russia)		5,948		2,161
Current account with Central Depository (Kazakhstan)		2,834		2,693
Current accounts with brokers		1,862		10,220
Current account with National Settlement Depository (Russia)		1,790		1,275
Total cash and cash equivalents	$	93,653	$	49,960

As of December 31, 2019 and March 31, 2019, cash and cash equivalents were not insured.

As of December 31, 2019 and March 31, 2019, the cash and cash equivalents balance included collateralized securities received under reverse repurchase agreements on the terms presented below:

	December 31, 2019
	Interest rates and remaining contractual maturity of the agreements
	Average Interest rate			Up to 30 days		30-90 days		Total
Securities purchased under reverse repurchase agreements
Corporate equity		12.95	%	$	20,006	$	-	$	20,006
Non-US sovereign debt		9.96	%		1,336		-		1,336
Corporate debt		10.50	%		236		-		236
Total				$	21,578	$	-	$	21,578

	March 31, 2019
	Interest rates and remaining contractual maturity of the agreements
	Average Interest rate			Up to 30 days		30-90 days		Total
Securities purchased under reverse repurchase agreements
Corporate equity		11.90	%	$	4,328	$	804	$	5,132
Corporate debt		14.00	%		120		-		120
Non-U.S. sovereign debt		8.25	%		2,635		-		2,635
Total				$	7,083	$	804	$	7,887

The securities received by the Company as collateral under reverse repurchase agreements are liquid trading securities with market quotes and significant trading volume. The fair value of collateral received by the Company under reverse repurchase agreements as of December 31, 2019 and March 31, 2019, was $23,600 and $8,472, respectively.