HSBC and IBM described their trial as the “world’s first known quantum-enabled algorithmic trading” in the corporate bond market. A ‘Sputnik moment’. In short: they took real, production-scale bond trading data (requests for quote in over-the-counter markets), and folded in a quantum-classical hybrid method to better estimate the “fill probability” of trades, i.e., the likelihood … Continue reading The HSBC-IBM quantum ‘Sputnik Moment’: what really happened→ The post The...