<TABLE> <S> <C>
<ARTICLE> BD
<LEGEND>
This Schedule contains summary financial information extracted from
Consolidated Statement of Financial Condition at September 30, 2000 and
Consolidated Statement of Income -- Six Months ended September 30, 2000 and is
qualified in its entirety by reference to such financial statements included in
Form 10-Q for September 30, 2000.
</LEGEND>
<CIK> 0000083125
<NAME> First Montauk Financial Corp.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 3-mos
<FISCAL-YEAR-END> Dec-31-2000
<PERIOD-START> Jul-1-2000
<PERIOD-END> Sep-30-2000
<CASH> 4,658
<RECEIVABLES> 2,578
<SECURITIES-RESALE> 0
<SECURITIES-BORROWED> 0
<INSTRUMENTS-OWNED> 3,548
<PP&E> 2,442
<TOTAL-ASSETS> 16,310
<SHORT-TERM> 0
<PAYABLES> 4,736
<REPOS-SOLD> 0
<SECURITIES-LOANED> 0
<INSTRUMENTS-SOLD> 489
<LONG-TERM> 626
0
1,748
<COMMON> 5,242
<OTHER-SE> 3,434
<TOTAL-LIABILITY-AND-EQUITY> 16,310
<TRADING-REVENUE> 1,226
<INTEREST-DIVIDENDS> 652
<COMMISSIONS> 10,123
<INVESTMENT-BANKING-REVENUES> 670
<FEE-REVENUE> 0
<INTEREST-EXPENSE> 32
<COMPENSATION> 10,672
<INCOME-PRETAX> (589)
<INCOME-PRE-EXTRAORDINARY> (390)
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (390)
<EPS-BASIC> (.04)
<EPS-DILUTED> (.04)
</TABLE>