HSBC's Quantum Computing Trial Enhances Bond Trading Efficiency

Reported about 7 hours ago

HSBC has reported promising results from a trial using quantum computing to enhance bond trading, showing a 34% improvement in the accuracy of predicting whether trades will be completed at quoted prices. Collaborating with IBM, the trial combined quantum and classical computing techniques to price trades in the European corporate bond market, marking a significant step forward in the application of quantum technology in finance.

Source: YAHOO

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