<ARTICLE> BD <LEGEND> This Schedule contains summary financial information extracted from Consolidated Statement of Financial Condition at March 31, 2000 and Consolidated Statement of Income -- Three Months ended March 31, 2000 and is qualified in its entirety by reference to such financial statements included in Form 10-Q for March 31, 2000. </LEGEND> <MULTIPLIER> 1,000 <CIK> 0000083125 <NAME> First Montauk Financial Corp. <PERIOD-TYPE> 3-mos <FISCAL-YEAR-END> Dec-31-2000 <PERIOD-START> Jan-1-2000 <PERIOD-END> Mar-31-2000 <CASH> 411 <RECEIVABLES> 10,617 <SECURITIES-RESALE> 0 <SECURITIES-BORROWED> 0 <INSTRUMENTS-OWNED> 7,287 <PP&E> 2,488 <TOTAL-ASSETS> 23,337 <SHORT-TERM> 0 <PAYABLES> 8,087 <REPOS-SOLD> 0 <SECURITIES-LOANED> 0 <INSTRUMENTS-SOLD> 1,798 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 35 <COMMON> 5,204 <OTHER-SE> 5,733 <TOTAL-LIABILITY-AND-EQUITY> 23,337 <TRADING-REVENUE> 5,437 <INTEREST-DIVIDENDS> 618 <COMMISSIONS> 16,965 <INVESTMENT-BANKING-REVENUES> 1,231 <FEE-REVENUE> 179 <INTEREST-EXPENSE> 48 <COMPENSATION> 17,583 <INCOME-PRETAX> 3,159 <INCOME-PRE-EXTRAORDINARY> 3,159 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,888 <EPS-BASIC> .19 <EPS-DILUTED> .17