---------------------------------------------------------------------------- The Florida SunFlash Chicago Board Of Trade Selects Sun SPARC Systems As Workstation Of Choice SunFLASH Vol 45 #7 September 1992 ---------------------------------------------------------------------------- CHICAGO -- September 8, 1992 -- The Chicago Board of Trade (CBOT), the oldest and largest futures exchange in the world, and Sun Microsystems Computer Corporation, the leading workstation and server supplier, today announced that Sun(TM) SPARCstations(TM) have been selected as the official workstation for the Board of Trade. Long known for its public, open outcry auction market system conducted in trading pits, the Chicago Board of Trade has developed a powerful technology system, Project A, to expand trading opportunities for its 3,600-plus members. "Project A, as implemented on Sun SPARCstations and SPARCservers(TM), enables us to expand trading opportunities to members by offering new "niche" products on a screen-based trading system featuring high-resolution graphics," said Glenn W. Belden, vice president of information systems for the Chicago Board of Trade. The Board of Trades' famous futures contracts -- including soybeans, grain and treasury bonds -- have been, and will continue to be traded by open outcry auction in trading "pits" devoted specifically to commodities. Limited by the physical real estate required to establish additional trading pits, Project A will enable CBOT members to trade a large variety of market niche futures contacts, such as scrap steel, from windows opened on the SPARCstation screen. "The CBOT workstation will expand trading opportunities for our members, increase risk-management and investment possibilities for investors, and provide a wide range of trading information and services not previously available through computerized trading," Belden said. "Key parameters in choosing Sun were price/performance and customer service. Sun had the best solution. Sun will provide service to the exchange on a 24-hour day, seven-days-a-week basis." "CBOT's innovative project extends Sun's leadership as a premier platform in the financial services market," said Larry Hambly, vice president of marketing at SMCC. "We're excited about partnering with CBOT to create the world's most sophisticated automated trading environment. Sun SPARC hardware running the Solaris(R) environment represents the clearly successful, mature environment for this ambitious project." Sun Microsystems Computer Corporation is the leading workstation vendor in the financial services industry worldwide, with installations on the largest digital trading room floors in Europe, Japan and the United States, including the National Association of Securities Dealers (NASD), New York Stock Exchange, Boston Stock Exchange, Philadelphia Stock Exchange, London International Financial Futures Exchange (LIFFE) and the Bombay Stock Exchange. Sun systems are also used in the top 25 brokerage firms in the United States. If you have any questions regarding this announcement, please contact Lauren Swingle at (415) 336-7273. ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ For information send mail to info-sunflash@sunvice.East.Sun.COM. Subscription requests should be sent to sunflash-request@sunvice.East.Sun.COM. Archives are on solar.nova.edu, paris.cs.miami.edu, uunet.uu.net, src.doc.ic.ac.uk and ftp.adelaide.edu.au All prices, availability, and other statements relating to Sun or third party products are valid in the U.S. only. Please contact your local Sales Representative for details of pricing and product availability in your region. Descriptions of, or references to products or publications within SunFlash does not imply an endorsement of that product or publication by Sun Microsystems. John McLaughlin, SunFlash editor, flash@sunvice.East.Sun.COM. (305) 776-7770.