US EditionHSBC Reports 34% Bond Trading Accuracy Gain in IBM Quantum Computing Trial
- On 25 September 2025, HSBC announced a trial with IBM that used quantum computing to improve algorithmic bond trading in Europe.
- The trial arose from the need to optimize complex pricing predictions in over-the-counter bond markets using quantum and classical computing combined.
- The test utilized genuine, anonymized trading records from European bonds processed on IBM's Heron quantum processor, resulting in up to a 34% enhancement in forecasting the likelihood of trade executions compared to traditional techniques.
- Philip Intallura, who leads quantum technology initiatives at HSBC, described the achievement as a pioneering milestone in bond trading, demonstrating that current quantum computers are capable of addressing complex business challenges effectively at scale.
- HSBC views this success as a potential catalyst for faster quantum adoption in finance, signaling the approach's competitive edge and a new computing frontier closer than expected.
27 Articles
27 Articles
HSBC Achieves Quantum Computing "Sputnik Moment" In Bond Market
HSBC Achieves Quantum Computing "Sputnik Moment" In Bond Market HSBC Holdings Plc has achieved a "Sputnik moment" with the first real-world trial of quantum computing in bond markets, delivering up to a 34% improvement in predicting the probability of winning customer inquiries in the European corporate bond market. This marks the first empirical evidence of quantum computing solving real-world problems in algorithmic bond trading and could int…
HSBC says quantum computing trial helps bond trading
Europe'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.
A 'Sputnik Moment' | HSBC Quantum Computing Breakthrough
HSBC says it's achieved a world-first 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. "Is this a 'Sputnik moment' for quantum? My instinct is yes," said Philip Intallura, group head of quantum technologies at HSBC, referring to the pivotal event that sparked a space race between the US and Soviet Union…
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