IBM Stock Jumps After HSBC Touts Quantum Bond Trading Trial
TRENDING: Track Which Stocks Top Money Managers Are Buying And Selling IBM (IBM) stock jumped Thursday after HSBC said the tech giant's quantum computers could improve bond market price predictions. U.K.-based HSBC (HSBC) said that it utilized IBM's Quantum Heron processors to deliver a 34% improvement in predicting how likely a bond trade would be filled at its quoted price, compared to currently used algorithmic techniques. HSBC and IBM applied the technology to an anonymized set of European bond trading ...