<TABLE> <S> <C>
<ARTICLE> BD
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<CASH> 28,365,000
<RECEIVABLES> 2,399,000
<SECURITIES-RESALE> 0
<SECURITIES-BORROWED> 0
<INSTRUMENTS-OWNED> 4,447,000
<PP&E> 1,367,000
<TOTAL-ASSETS> 38,631,000
<SHORT-TERM> 0
<PAYABLES> 0
<REPOS-SOLD> 0
<SECURITIES-LOANED> 0
<INSTRUMENTS-SOLD> 0
<LONG-TERM> 0
0
0
<COMMON> 229,000
<OTHER-SE> 33,981,000
<TOTAL-LIABILITY-AND-EQUITY> 38,631,000
<TRADING-REVENUE> 393,000
<INTEREST-DIVIDENDS> 867,000
<COMMISSIONS> 22,482,000
<INVESTMENT-BANKING-REVENUES> 818,000
<FEE-REVENUE> 0
<INTEREST-EXPENSE> 9,000
<COMPENSATION> 6,218,000
<INCOME-PRETAX> 8,541,000
<INCOME-PRE-EXTRAORDINARY> 8,541,000
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 4,960,000
<EPS-BASIC> .22
<EPS-DILUTED> .21
</TABLE>