CORE DUMP

The Chicago Board of Trade has chosen Bridge Brokerage Systems, a subsidiary of Bridge Information Systems Inc. of St. Louis, to build its order routing service, a CBOT spokesman says. Meanwhile, CBOT's archrival, the Chicago Mercantile Exchange, has selected Securities Industry Software Corp., a subsidiary of Quotron Systems Inc., to provide its order processing system. Although systems that route orders to the exchange floor have existed in the securities market for nearly two decades, they are just starting to appear in the futures industry. Can small order execution systems be far behind? Not if the floor traders can help it.

Sources say Reuters Holdings PLC has withdrawn its futures order entry service from the marketplace, but a Reuters spokesman insists this is not the case. A year ago, Reuters was charging Monitor subscribers between $225 and $500 a month to add the order entry service, which allows them to electronically transmit orders to a broker's booth on the floor of a futures exchange. To receive orders through the service, brokers were charged a hefty $2,500 a month.

At the Futures Industry Association's Expo in Chicago last October, Reuters marketing staff said the order entry service would act as a bridge between Monitor terminals and the Reuter Dealer Trading System. Sources say Reuters has put the order entry service on ice because it doesn't meet the company's data integrity requirements and it cannot withstand high traffic. Dean Witter Reynolds Inc. recently signed up for the service and is reportedly disappointed by Reuter's decision to pull the plug.

The first meeting of the trading workstation/digital feeds com- mittee of the Information Industry Association's Financial Information Services Division will be held Sept. 14 from 3 to 5 p.m. at the New York Futures Exchange. Attendance will be limited to IIA members. Among the topics to be addressed is how workstations make it difficult for vendors to guarantee that exchanges and information providers will receive fees from everyone who is viewing their data. The area of digital feeds is also of interest to the Financial Information Standards Organization, a user group organized by David Isherwood of Shearson Lehman Hutton Inc.

For more information about the FISD committee meeting, contact Catherine Buck of Dataline Inc. on 416-365-1616 or Elaine Bourne of the IIA on 202-639-8262. Joseph Paradi, president of Dataline, and William F. Cline, vice president of client systems at Reuters, are the co-chairmen of the committee.

A reorganization plan that recently passed over Dun & Bradstreet president Robert Weissman's desk calls for D & B to pull its financial information businesses into a single group and triple its size within five years. The plan, which sources say was authored by management consultants at Bain & Co. of Boston, plots a major business development campaign, including the acquisition of real-time financial information businesses.

V Band Corporation received an order from Morgan Guaranty Trust Co. for more than 970 positions of "VX" turrets to be installed at Morgan's new 60 Wall St. trading facility. The order covers more than 150 electro-luminescent touch-sensitive screen consoles to be installed and serviced by AT&T. Installation will begin this fall with completion scheduled for 1989. V Band's piece of the action is valued at $3.3 million.

Track Data Corp. has closed a deal to deliver its ticker plant software to ILX Systems Inc., the newly minted quote vendor backed by International Thomson Organization Ltd. ILX will use the software to supply its network of quotation terminals. Track has agreed to supply ILX with the same branch brokerage system it sold to E.F. Hutton's International Brokerage Information Systems (IBIS) in 1987. ILX is headed by ex-Hutton EVP Norman Epstein and ex-Hutton CIO Bernie Weinstein. The deal is worth close to $1 million for Track Data.

Bloomberg Inc. is planning to deliver its fixed income analytic service -- The Bloomberg -- to Fidelity Investments Inc. of Boston through a video switch. The move is an unusual one for Bloomberg, which generally insists that customers access the service through a dedicated terminal. One other Bloomberg customer known to access the service through a switch is Bloomberg backer Merrill Lynch & Co Inc.