Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Revenues:
Commissions and fees	$ 2,904,000	$ 3,879,000	$ 5,889,000	$ 9,037,000
Investment banking	751,000	1,198,000	1,481,000	1,707,000
Trading profits	607,000	531,000	1,142,000	1,394,000
Interest and dividends	16,000	17,000	32,000	40,000
Total	4,278,000	5,625,000	8,544,000	12,178,000
Expenses:
Employee compensation and benefits	2,249,000	2,631,000	4,508,000	5,120,000
Clearing fees, including floor brokerage	675,000	667,000	1,259,000	1,634,000
Professional fees	1,109,000	820,000	1,953,000	1,610,000
Advertising and promotion	76,000	89,000	175,000	227,000
Communications	328,000	498,000	675,000	986,000
Occupancy	259,000	226,000	516,000	477,000
Write off of software development costs		433,000		433,000
Other general and administrative	558,000	653,000	1,109,000	1,304,000
Total expenses	5,254,000	6,017,000	10,195,000	11,791,000
(Loss) income from equity investees	(377,000)	839,000	(1,071,000)	685,000
Net (loss) income	$ (1,353,000)	$ 447,000	$ (2,722,000)	$ 1,072,000
Net (loss) income per share of common stock - Basic and Diluted	$ (0.06)	$ 0.02	$ (0.12)	$ 0.05
Weighted average shares outstanding - Basic and diluted	22,085,830	22,101,308	22,089,555	22,102,402