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Top Shtetl-Optimized News

HSBC Reports 34% Bond Trading Accuracy Gain in IBM Quantum Computing Trial — REUTERS / ixx511

Quantum Computing · United Kingdom

HSBC Reports 34% Bond Trading Accuracy Gain in IBM Quantum Computing Trial

37% Center coverage: 11 sources

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. 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

Sad and Happy Day

Sad and Happy Day

Today, of course, is the second anniversary of the genocidal Oct. 7 invasion of Israel—the deadliest day for Jews since the Holocaust, and the event that launched the current wars that have been reshaping the Middle East for better and/or worse. Regardless of whether their primary concern is for Israelis, Palestinians, or both, I’d hope all readers of this blog could at least join me in wishing this barbaric invasion had never happened, and in c…See the Story