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HSBC says it has tested an IBM quantum computing tool on European bond market data and saw a 34% improvement over traditional methods in predicting order fills

HSBC has just announced a world-first: real, production-scale algorithmic bond trading powered by quantum computing, in partnership with IBM. … Octavian Florescu : I would like to see independent confirmation from an organization that has no vested interest in this being true, along with an explanation of exactly what operation the quantum computer performed. … Ian Glasner : Big news today!  I'm thrilled to share that our #quantum team at HSBC has teamed up with IBM to achieve a world first in a trial showcasing … Julien Chaisse : 🚨 HSBC's #quantum trading trial with IBM is striking.  In banking law, supervisors will need to confront algorithmic accountability and model risk. …

Financial Times