Cray Research Inc. To Unveil Low-Cost Y-MP Supercomputer

THIS WEEK'S LEAD STORIES

Cray Research Inc. is set to launch a low-cost, air-cooled version of its Y-MP range, sources say. An announcement is expected early next year.

The computer, the sources say, is particularly suitable for securities firms. Firms have been reluctant to buy Cray Research computers, partly because of their cost. Instead, several firms use bureau services to access Cray machines to perform high-speed processing functions.

Cray Research develops and markets the X-MP and Y-MP ranges of supercomputers

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

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