CORE DUMP

Commodity Quotations Inc., the Scarsdale, N.Y.-based quote vendor, has been acquired by the Commodities Information Group of McGraw-Hill Inc., according to Steve Connelly, vice president of sales and marketing at CQI. Details of the transaction were not disclosed, but industry sources estimate the size of the deal at $25 million. CQI's flagship product is Comstock, a satellite-delivered data service covering North American and several overseas equity, futures and options exchanges. CQI's 1988 revenues were about $10 million.

IBM is negotiating with FBC Technology to license part of First Boston Corp.'s High Productivity Systems Computer Aided Software Engineering (CASE) tool, according to sources close to the talks. HPS is the proprietary development tool used to create First Boston's new trading processing architecture (NTPA). HPS and NTPA are part of First Boston's technology sharing experiment with Kidder Peabody & Co. Estimates of First Boston's investment to date in its new systems and new data center range from $110 to $140 million.

HPS is designed to shield application developers from the complexities of COBOL, PL-1, C, DB-2, CICS and other productivity- robbing technologies. The platform for First Boston's NTPA is a combination of 386-based workstations, Stratus ticker plants and IBM mainframes. An extension to Sun workstations is reported to be under way. Sources say both HPS and NTPA are far from finished.

Originally tapped to develop a retail capability for trading and clearing, Kidder Peabody will also develop an international trade processing module.

Tradenet, an obscure software development company occupying premises at 1345 Avenue of the Americas in New York, is developing a trading workstation based on the MacIntosh IIe. Not to be confused with energy trading room supplier TradeNet Inc. of Cambridge, Mass., Tradenet has been on the case for at least 18 months, according to sources. A Tradenet spokesman declined to comment, saying product development is still underway.

Chemical Bank has unveiled Chemlink FX Dealer, a spot forex trading service for corporate treasurers. FX Dealer is Chemical's answer to Quotron's Multibank, an outgrowth of Citicorp Investment Bank's Currency Trader product. Both systems are designed to allow cash managers to automatically execute spot forex transactions of up to $500,000.

Chemical's FX Dealer was jointly developed by Chemical's Financial Services Division and Global Securities and Foreign Exchange Group. FX Dealer runs on IBM PC-compatibles equipped with a hard disk and a modem and is available to ChemLink cash management customers.

Technology Consultancy International, a London-based company with strong ties to the Japanese business community in Europe, has introduced Japan Link, a Kanji-based news service. Japan Link is delivered by satellite throughout continental Europe. Japan Link provides daily updates in Kanji from the following sources: Asahi Shimbun, Yomiuri Shimbun, Mainichi Shimbun, Nikkan Kogyo Shimbun, Dempa Shimbun and JETRO. Japan Link also translates selected European-based data services into Japanese.

Will the real Marketfeed please stand up? Contel IPC and Simpact Associates Inc. recently announced a series of DEC-based data server products designed to handle MarketFeed, Telerate's high-speed international equities data feed. Marketfeed is the same name provisionally used by Reuters to identify its 56 kilobit/second IDN- based data feed. Contel's data feed processing and distribution solution combines Aregon International Ltd's FIST software, DEC hardware and Simpact's intelligent communications processors with Telerate's equity data feed.

Dr. Robert Mark, former director of the technical analysis group at the Marine Midland unit of Hong Kong & Shanghai Banking Corp., has joined Manufacturers Hanover Trust Co. In his new position as managing director in the investment banking sector, Mark will be responsible for the market risk program, asset-liability management and trading analytics development.