X0101 42003-07-22 0000931707 MAXCOR FINANCIAL GROUP INC MAXF 0001021539 REIHL KEITH E 1100Chief Operating OfficerOption -- Right to Buy10.702003-07-221988-08-084A0250000A2004-07-222013-07-21Common Stock2500025000DThe reported transaction involved the grant on July 22, 2003 of a non-qualified stock option under the Company's 2002 Stock Option Plan. The grant provides for vesting of the option in equal 25% increments on each of the 1st, 2nd, 3rd and 4th anniversaries of the date of grant.KEITH E. REIHL2003-07-22