Sep 25th, 2025
HSBC Claims Quantum Computing Bond Trading Breakthrough
HSBC said it’s achieved a breakthrough in deploying quantum computing in financial markets, as a race intensifies among some of Wall Street’s biggest firms to embed the cutting-edge technology in their daily operations. The London-based bank said it used IBM’s most-advanced Heron quantum processor to attain a 34% improvement in predicting how likely a bond will trade at a given price. Bloomberg Intelligence analyst Robert Lea explains.
