HSBC quantum computing test boosts trading performance | Business

LONDON, Sept 25, 2025 (BSS/AFP) - Banking giant HSBC announced Thursday it has achieved promising early results using quantum computing to improve trading performance. Quantum technology holds the potential to vastly increase computing power to solve real-world problems, but current quantum computers remain highly experimental and face major challenges, including high error rates. The project, launched by HSBC in collaboration with tech giant IBM, combined quantum computers and traditional computing tools and focused on the European corporate bond markets. The results showed a 34-percent improvement in the accuracy of certain price predictions compared to traditional methods, HSBC said. "We now have a tangible example of how today's quantum computers could solve a real-world business problem at scale and offer a...