<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM TUDOR FUND FOR EMPLOYEES L.P. 9/30/96 FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS 9-MOS <FISCAL-YEAR-END> DEC-31-1996 DEC-31-1996 <PERIOD-START> JUL-01-1996 JAN-01-1996 <PERIOD-END> SEP-30-1996 SEP-30-1996 <CASH> 2,119,805 2,119,805 <SECURITIES> 8,636,438 8,636,438 <RECEIVABLES> 602,004 602,004 <ALLOWANCES> 0 0 <INVENTORY> 0 0 <CURRENT-ASSETS> 11,558,247 11,558,247 <PP&E> 0 0 <DEPRECIATION> 0 0 <TOTAL-ASSETS> 11,558,247 11,558,247 <CURRENT-LIABILITIES> 883,576 883,576 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 0 0 <OTHER-SE> 10,674,671 10,674,671 <TOTAL-LIABILITY-AND-EQUITY> 11,558,247 11,558,247 <SALES> (372,228) 1,545,599 <TOTAL-REVENUES> (372,228) 1,545,599 <CGS> 0 0 <TOTAL-COSTS> 0 0 <OTHER-EXPENSES> 99,211 486,449 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 0 0 <INCOME-PRETAX> (471,439) 1,059,150 <INCOME-TAX> 0 0 <INCOME-CONTINUING> 0 0 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (471,439) 1,059,150 <EPS-PRIMARY> (137.41) 342.58 <EPS-DILUTED> 0 0