Quantum Computers Entice Wall Street Vowing Higher Returns
- Goldman Sachs, RBS, CME, Guggenheim exploring the technology
- $10 million computers may help in complex asset allocation
A man poses with a scope at a Physical Measurement Lab that deals with quantum computing and simulation in Gaithersburg, Maryland.
Photographer: Katherine Frey/The Washington PostThis article is for subscribers only.
You may soon be able to see every conceivable outcome of a wager, say on interest rates, over many time horizons -- thanks to computers that rely on the uncertainty at the root of all matter.
Wall Street is turning its attention to quantum computers, an emerging technology that aims to exploit the properties of subatomic particles to make extremely complex calculations at unprecedented speeds. Goldman Sachs Group Inc., Royal Bank of Scotland Group Plc, CME Group Inc. and Guggenheim Partners are evaluating quantum computing, which requires temperatures colder than in outer space.