<ARTICLE>                                           BD
<LEGEND>

    THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL   INFORMATION   EXTRACTED  FROM
CONSOLIDATED   STATEMENT  OF  FINANCIAL   CONDITION  -  DECEMBER  31,  2000 AND
CONSOLIDATED  STATEMENT OF INCOME AS ENDED DECEMBER 31, 2000 AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FORM 10K DECEMBER 31, 2000.

</LEGEND>
<NAME>    First Montauk Financial Corp.
<CIK>     0000083125
<MULTIPLIER>                       1,000


                                             
<PERIOD-TYPE>                                   Year

<FISCAL-YEAR-END>                              DEC-31-2000
<PERIOD-START>                                 JAN-01-2000
<PERIOD-END>                                   DEC-31-2000
<CASH>                                         3,701
<RECEIVABLES>                                  2,445
<SECURITIES-RESALE>                            0
<SECURITIES-BORROWED>                          0
<INSTRUMENTS-OWNED>                            3,975
<PP&E>                                         2,305
<TOTAL-ASSETS>                                16,913
<SHORT-TERM>                                   0
<PAYABLES>                                     3,806
<REPOS-SOLD>                                   0
<SECURITIES-LOANED>                            0
<INSTRUMENTS-SOLD>                             386
<LONG-TERM>                                    5,012
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    35
<COMMON>                                       4,063
<OTHER-SE>                                     3,605
<TOTAL-LIABILITY-AND-EQUITY>                  16,913
<TRADING-REVENUE>                              7,131
<INTEREST-DIVIDENDS>                           3,252
<COMMISSIONS>                                 46,530
<INVESTMENT-BANKING-REVENUES>                  2,417
<FEE-REVENUE>                                  0
<INTEREST-EXPENSE>                              160
<COMPENSATION>                                  46,801
<INCOME-PRETAX>                                 (648)
<INCOME-PRE-EXTRAORDINARY>                      (655)
<EXTRAORDINARY>                                 (34)
<CHANGES>                                      0
<NET-INCOME>                                    (689)
<EPS-BASIC>                                   (0.08)
<EPS-DILUTED>                                   (0.08)