{"id":41645,"date":"2025-09-25T00:16:07","date_gmt":"2025-09-25T00:16:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/41645\/"},"modified":"2025-09-25T00:16:07","modified_gmt":"2025-09-25T00:16:07","slug":"hsbc-says-its-beaten-wall-street-rivals-with-new-quantum-trial","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/41645\/","title":{"rendered":"HSBC Says It\u2019s Beaten Wall Street Rivals With New Quantum Trial"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\"><a href=\"https:\/\/www.bloomberg.com\/quote\/HSBA:LN\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">HSBC Holdings Plc<\/a> said it\u2019s achieved a world-first breakthrough in deploying quantum computing in financial markets, as a race intensifies among some of Wall Street\u2019s biggest firms to embed the cutting-edge technology in their daily operations. <\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The London-headquartered bank said Thursday that it used International Business Machines Corp.\u2019s most-advanced Heron quantum processor to attain a 34% improvement in predicting how likely a bond will trade at a given price. HSBC and the US technology giant applied quantum processing to an anonymized set of European bond trading data and found it could significantly enhance the efficiency of the market.<\/p>\n","protected":false},"excerpt":{"rendered":"HSBC Holdings Plc said it\u2019s achieved a world-first breakthrough in deploying quantum computing in financial markets, as a&hellip;\n","protected":false},"author":2,"featured_media":41646,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[16544,910,138,37353,371,2024,37352,29504,648,37351,5743,5741,111,139,69,375,145,4233],"class_list":["post-41645","post","type-post","status-publish","format-standard","has-post-thumbnail","category-computing","tag-alphabet-inc-cl-a","tag-bonds","tag-business","tag-city-of-london","tag-computing","tag-europe","tag-former-soviet-union","tag-hsbc-holdings-plc","tag-industries","tag-intl-business-machines-corp","tag-jpmorgan-chase-co","tag-microsoft-corp","tag-new-zealand","tag-newzealand","tag-nz","tag-quantum-computing","tag-technology","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/41645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=41645"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/41645\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/41646"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=41645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=41645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=41645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}