Quarterly report pursuant to Section 13 or 15(d)

Accounts Payable

v2.4.0.8
Accounts Payable
9 Months Ended
Mar. 31, 2014
Accounts Payable, Current [Abstract]  
Accounts Payable
ACCOUNTS PAYABLE
Accounts payable consist of the following:
in thousands
March 31, 2014
 
June 30, 2013
 
 
 
 
Trade payable to customers payables
$
409

 
$
1,531

Advances from customers
34,476

 
27,548

Liability on deferred revenue
5,079

 
14,985

Net liability on margin accounts
7,914

 
6,636

Due to brokers

 
4,655

Obligation to repurchase common stock
2,198

 

Other accounts payable
829

 
463

Derivative liabilities — open sales and purchase commitments, net
10,621

 
30,192

Derivative liabilities — futures contracts
716

 

Derivative liabilities — foreign currency exchange forward contracts
2

 

 
$
62,244

 
$
86,010