<TABLE> <S> <C>
<ARTICLE> BD
<LEGEND>
This schedule contains summary financial information extracted from SEC Form
10-Q and is qualified in its entirety by reference to such financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> JAN-31-2001
<PERIOD-END> OCT-31-2000
<CASH> 10202766
<RECEIVABLES> 7028095
<SECURITIES-RESALE> 0
<SECURITIES-BORROWED> 0
<INSTRUMENTS-OWNED> 10265333
<PP&E> 1062801
<TOTAL-ASSETS> 38566232
<SHORT-TERM> 0
<PAYABLES> 8667197
<REPOS-SOLD> 0
<SECURITIES-LOANED> 0
<INSTRUMENTS-SOLD> 1703237
<LONG-TERM> 2000000
0
0
<COMMON> 65759
<OTHER-SE> 0
<TOTAL-LIABILITY-AND-EQUITY> 38566232
<TRADING-REVENUE> 8992706
<INTEREST-DIVIDENDS> 301282
<COMMISSIONS> 430359
<INVESTMENT-BANKING-REVENUES> 35000
<FEE-REVENUE> 0
<INTEREST-EXPENSE> 35283
<COMPENSATION> 4546142
<INCOME-PRETAX> (3979930)
<INCOME-PRE-EXTRAORDINARY> (2285814)
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (2285814)
<EPS-BASIC> (0.35)
<EPS-DILUTED> (0.35)
</TABLE>