<ARTICLE> BD
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS INCLUDED IN THIS REGISTRATION STATEMENT FILING AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          SEP-30-2000
<PERIOD-START>                             OCT-01-1999
<PERIOD-END>                               DEC-31-1999
<CASH>                                         297,298
<RECEIVABLES>                                6,510,753
<SECURITIES-RESALE>                                  0
<SECURITIES-BORROWED>                          396,829
<INSTRUMENTS-OWNED>                          1,086,944
<PP&E>                                         194,351
<TOTAL-ASSETS>                              11,738,637
<SHORT-TERM>                                 1,867,943
<PAYABLES>                                   4,455,555
<REPOS-SOLD>                                         0
<SECURITIES-LOANED>                          3,434,902
<INSTRUMENTS-SOLD>                                   0
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         2,883
<OTHER-SE>                                   1,946,754
<TOTAL-LIABILITY-AND-EQUITY>                11,738,637
<TRADING-REVENUE>                                   23
<INTEREST-DIVIDENDS>                           157,197
<COMMISSIONS>                                  152,312
<INVESTMENT-BANKING-REVENUES>                        0
<FEE-REVENUE>                                        0
<INTEREST-EXPENSE>                              94,312
<COMPENSATION>                                       0
<INCOME-PRETAX>                                (4,993)
<INCOME-PRE-EXTRAORDINARY>                     (4,791)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   (4,791)
<EPS-BASIC>                                     (0.02)
<EPS-DILUTED>                                   (0.02)