UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

                        Date of Report: November 1, 2004
                        (Date of Earliest Event Reported)

                      OLYMPIC CASCADE FINANCIAL CORPORATION
             (Exact name of Registrant as specified in its charter)


            Delaware                      001-12629             36-4128138
(State or other jurisdiction of   (Commission File Number)   (I.R.S. Employer
 incorporation or organization)                             Identification No.)


            875 North Michigan Avenue, Suite 1560, Chicago, IL 60611
              (Address of principal executive offices) (Zip Code)

       Registrant's telephone number, including area code: (312) 751-8833

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
following provisions:

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

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

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

|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))


Item 8.01 Other Events

On November 1, 2004, Olympic Cascade Financial Corporation (the "Company")
announced that its common stock has begun trading on the OTC Bulletin Board
under the symbol OLYD.OB. A copy of the press release is attached as Exhibit
99.1 hereto and is incorporated herein by reference.
 
Item 9.01         Financial Statements and Exhibits.

(c)      Exhibits

         Exhibit
         Number       Description
         ------       ------------------------------------

         99.1         Press Release dated November 1, 2004



                                   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.

                                    OLYMPIC CASCADE FINANCIAL CORPORATION

                                    By: /s/ Mark Goldwasser
                                        Mark Goldwasser 
                                        President and Chief Executive Officer  

Dated: November 3, 2004


                                       1