
News about HSBC
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Quantum Computing · United KingdomEurope's biggest bank HSBC said on Thursday that a trial use of quantum computers to aid bond trading had produced promising results, in a rare example of a major finance company finding early benefits from the emerging technology. HSBC said its quantum computing pilot, run with technology firm IBM, had delivered a 34% improvement in predicting how likely a bond trade would be filled at a quoted price, giving it a competitive edge compared to normal computing.See the Story
HSBC Reports 34% Bond Trading Accuracy Gain in IBM Quantum Computing Trial
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