UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report: ~~September~~November 1513, 2009

(Date of earliest event reported)

TRACK DATA CORPORATION

(Exact Name of Registrant as specified in its Charter)


Delaware	0-24634	22-3181095
(State or other jurisdiction of	(Commission File Number)	(IRS Employer Identification
incorporation or organization)		Number)

95 Rockwell Place, Brooklyn, New York	11217
(Address of Principal Executives Offices)	(Zip Code)

(718) 522-7373

(Registrant's telephone number including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the follow provisions:

q	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

q	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

q	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

q	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (14 CFR 240.13e-4(c))

Item 3 2.~~01. Notice~~02 Results of ~~Delisting~~Operations orand ~~Failure~~Financial ~~to Satisfy a Continued Listing Rule or Standard; Transfer of Listing~~Condition.

On September 15, 2009, the Company received notice from Nasdaq that its common stock has not maintained a minimum market value of publicly held shares of $5,000,000 for the last 30 consecutive trading days, as required for continued inclusion on the Nasdaq Global Market by Listing Rule 5450(b)(1)(C). The ~~Company has been provided 90 calendar days, or~~ ~~until~~following ~~December~~information ~~14,~~is ~~2009,~~furnished pursuant to ~~regain~~Item ~~compliance~~2. ~~If the Company does not meet the minimum $5~~02,~~000,000~~ ~~market~~“Results ~~value test for a minimum~~ of 10Operations ~~consecutive~~and ~~trading~~Financial ~~days before December 14, 2009, it will receive notice of delisting from Nasdaq, which notice may be appealed at that time~~Condition. ~~Further, the Company may transfer its securities listing to the Nasdaq Capital Market, provided it meets the continued inclusion requirements for that market.~~”

On November 13, 2009, Track Data Corporation issued a press release announcing its results of operations for the third quarter ended September 30, 2009. A copy of the press release is attached hereto as Exhibit 99.1 to this report.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: September 16, 2009	By	/s/ Martin Kaye
Date: November 13, 2009	By	/s/ Martin Kaye
		Martin Kaye
		CEO, CFO

INDEX TO EXHIBITS

Exhibit

No.	Description

99.1 Press Release of Track Data Corporation dated ~~September~~November 1613, 2009 reporting ~~receipt~~third ofquarter ~~Nasdaq~~ended ~~delisting~~September ~~notice~~30, 2009 financial results.

Exhibit 99.1

NEWS RELEASE

TRACK DATA REPORTS THIRD QUARTER RESULTS

Brooklyn, New York – November 13, 2009 – Track Data Corporation (Nasdaq: TRAC) today announced results for its third quarter ended September 30, 2009.

Revenues for the third quarter ended September 30, 2009 were $10,209,000 compared to $8,142,000 for the same period in 2008, an increase of 25%. Net income for the third quarter of 2009 was $552,000, or $.26 per share, compared to net income of $764,000, or $.36 per share, in 2008. The increase in revenues was due to home sales of $3,600,000 from the Company’s real-estate investment made in May, 2009. The Company’s Track ECN revenues decreased approximately $600,000. In November, 2008, the NSX changed its pricing for accessing its order delivery system pursuant to which it no longer pays rebates for adding liquidity to its book. As a result, Track ECN can only pay its subscribers for adding liquidity when there is an internal match on its own book. This change resulted in further deterioration of the trading volume on the Track ECN. The Company is presently exploring other venues for displaying its orders. Until such time there is no expectation of increasing volume of trading. Market data revenues decreased approximately $1,000,000 in 2009 compared to 2008. For several years, the Company has experienced a decline in revenues from its market data services to the Professional Market segment due principally to staffing reductions in the securities industry, the use by customers of internally developed services, or lower priced services that are offered by the Company or other vendors. This trend has continued in 2009, negatively impacting revenues and profits. The third quarter of 2009 includes an after-tax gain of $358,000 from the sale of Innodata common stock.

Revenues for the nine months ended September 30, 2009 were $24,010,000 compared to $23,673,000 for the same period in 2008. Net income for the first nine months of 2009 was $1,043,000, or $.50 per share, compared to net income of $1,705,000, or $.81 per share, in 2008. The increase in revenues was due to home sales of $3,600,000 from the Company’s real estate investment made in May, 2009, offset by a reduction in Track ECN revenues of approximately $1,350,000 for the reasons stated above and a decrease in market data revenues of approximately $2,400,000 in 2009 compared to 2008 for the reasons stated above. Broker-dealer commissions increased approximately $500,000 in 2009 compared to 2008. The nine months ended September 30, 2009 includes an after-tax gain of $359,000 from the sale of Innodata common stock.

All per share information has been adjusted to reflect a one-for-four reverse stock split that became effective on May 27, 2009.

Track Data is a New York-based financial services company that provides direct access brokerage, real-time financial market data, news, and research to institutional and individual investors through dedicated telecommunication lines and the Internet.

Continued

For professional investors, Track Data Securities offers proTrack, a direct access trading platform with fully integrated market data. proTrack offers unbiased trade routing, allowing clients control over where their orders are sent. proTrack is also available to broker-dealers under a service bureau arrangement as an execution platform.

The Company also owns and operates the Track ECN, an electronic communications network that allows traders to display and match limit orders for stocks.

For individual investors, Track Data Securities offers myTrack Edge, a fully integrated, Internet-based online trading and market data system. It offers direct access online trading, allowing users the choice of where to route their equity and options orders. myTrack Edge offers continuous dynamic streams of live market data powered by application-based software and a constant server connection similar to systems used by professionals. The Company also offers myTrack, a web-based trading service.

For all investors and business professionals, the Company’s NewsWare division offers NewsWatch, a PC-based application that aggregates news from thousands of sources. Featuring real-time full text filtering and complex queries, its real-time alerting functions allow users to choose topics of interest and be among the first to know when news breaks.

For additional information, please contact Laurel Louison 718-522-0222 or by e-mail: laurel_louison@trackdata.com.

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "plan," "anticipate" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are based largely on the Company's current expectations and are subject to a number of risks and uncertainties, including without limitation, volatility in the stock market, changes in external market factors including the economy, changes in the Company's business or growth strategy or an inability to execute its strategy due to changes in its industry and other risks and uncertainties indicated from time to time in the Company's filings with the Securities and Exchange Commission, including the Company's Forms 10-K, 8-K, 10-Q, S-3 and S-8. Actual results could differ materially from the results referred to in the forward-looking statements.

FINANCIAL HIGHLIGHTS


			Three Months Ended					Nine Months Ended
			September 30,					September 30,
			2009			2008		2009			2008
	Revenues	$	10,209,000		$	8,142,000	$	24,010,000		$	23,673,000
	Net income		552,000	(A)		764,000		1,043,000	(A)		1,705,000
	Basic and diluted income per share (B)		$.26			$.36		$.50			$.81

(A)	Includes an after-tax gain on sale of Innodata common stock of $358,000 for the three months and $359,000 for the nine months.
(B)	All per share information has been adjusted to reflect a one-for-four reverse stock split that became effective on May 27, 2009.

Filing Compare · TRACK DATA CORP