U.S. SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549
                                      
                                  FORM 10-Q

              QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE
                       SECURITIES EXCHANGE ACT OF 1934



                 For the quarterly period ended JUNE 30, 1996

                        Commission File Number 0-24634


                            TRACK DATA CORPORATION
            (Exact name of registrant as specified in its charter)


                          DELAWARE               22-3181095
              (State or other jurisdiction     (I.R.S. Employer
                       of incorporation)     Identification No.)


                                56 PINE STREET
                              NEW YORK, NY 10005
                   (Address of principal executive offices)

                                (212) 422-4300
                       (Registrant's telephone number)


                       GLOBAL MARKET INFORMATION, INC.
                                (Former Name)


Indicate  by  check  mark  whether  the  registrant  (1) has filed all reports
required  to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the past 12 months (or such shorter period that the registrant was
required  to  file  such  reports),  and  (2)  has been subject to such filing
requirements for the past 90 days.  Yes  X        No
                                        ---          ---
Indicate  the  number of shares outstanding of each of the issuer's classes of
common  stock,  as  of  the latest practicable date: As of July 31, 1996 there
were 14,875,272 shares of common stock outstanding.
                                                                             
                                     


<PAGE>
                                  SIGNATURES

Pursuant  to  the  requirements  of  the  Securities Exchange Act of 1934, the
registrant  has  duly  caused  this  report  to be signed on its behalf by the
undersigned, thereunto duly authorized.


TRACK DATA CORPORATION

Date:     8/12/96          /s/
                         -----------------------
                         Barry Hertz
                         Chairman of the Board
                         Chief Executive Officer

Date:     8/12/96          /s/
                         -----------------------
                         Martin Kaye
                         V.P. Finance, Principal Financial Officer




EXHIBIT INDEX

Exhibit 27 - Financial Data Schedule


<TABLE> <S> <C>

<ARTICLE> 5
<CIK> 0000922811
<NAME> TRACK DATA CORPORATION
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               JAN-01-1996
<CASH>                                         120,947
<SECURITIES>                                         0
<RECEIVABLES>                                1,725,294
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                       9,561,655
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                              22,690,965
<CURRENT-LIABILITIES>                                0
<BONDS>                                              0
                                0
                                          0
<COMMON>                                       148,753
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                22,690,965
<SALES>                                              0
<TOTAL-REVENUES>                            23,394,909
<CGS>                                       12,768,425
<TOTAL-COSTS>                               23,600,972
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             442,514
<INCOME-PRETAX>                                 82,355
<INCOME-TAX>                                 (364,058)
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   538,995
<EPS-PRIMARY>                                      .04
<EPS-DILUTED>                                        0
        

</TABLE>



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