HSBC, Europe’s biggest bank, has seen promising results from a trial use of quantum computers to aid bond trading. The bank partnered with IBM to test the technology, which delivered a significant improvement in predicting how likely a bond trade would be filled at a quoted price. This gives HSBC a competitive edge compared to normal computing.
Quantum computing uses quantum physics to solve complex problems faster than conventional computers. While it has few practical applications so far, its market is expected to reach up to $100 billion within a decade.
HSBC’s trial combined quantum and classical computing to help price trades in the European corporate bond market. The bank used computer algorithms to quickly and automatically price client enquiries, factoring in real-time market conditions and risk estimates.
HSBC’s group head of quantum technologies said that this is a tangible example of how quantum computers can solve real-world business problems at scale.
Source: https://www.reuters.com/business/finance/hsbc-says-quantum-computing-trial-helps-bond-trading-2025-09-24