<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINACIAL INFORMATION EXTRACTED FROM TUDOR FUND
FOR EMPLOYEES L.P. FORM 10-Q FOR THE THREE MONTH ENDED MARCH 31,1997 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               MAR-31-1997
<CASH>                                       1,398,324
<SECURITIES>                                 7,325,181
<RECEIVABLES>                                3,760,526
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                            12,484,031
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                              12,484,031
<CURRENT-LIABILITIES>                        1,189,046
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                  11,294,985
<TOTAL-LIABILITY-AND-EQUITY>                12,484,031
<SALES>                                      1,898,046
<TOTAL-REVENUES>                             1,898,046
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                               219,795
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                              1,678,251
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 1,678,251
<EPS-PRIMARY>                                   536.73
<EPS-DILUTED>                                        0