HSBC, in collaboration with IBM, has made a breakthrough in the financial sector by demonstrating the use of quantum computing for algorithmic trading of corporate bonds for the first time.
This is reported by Finway
- The innovative technology has increased the accuracy of order fulfillment predictions by 34%.
- Experts warn of security risks for cryptocurrencies associated with the development of quantum technologies.
Revolution in Bond Trading: Results of the HSBC and IBM Experiment
HSBC has officially announced the successful completion of the world’s first experiment using quantum computing in real business processes. In partnership with IBM, the bank tested a hybrid approach that integrated quantum and classical computing resources. This led to a significant increase in the accuracy of order fulfillment predictions—34% higher compared to traditional solutions.
Algorithmic trading of corporate bonds employs complex statistical models and market data to determine the likelihood of executing a trade at a certain price. Thanks to quantum computers, which can more effectively recognize hidden price signals in a large stream of “noisy” market data, the effectiveness of the experiment was confirmed using real production data from the European market.
“This is a global breakthrough in bond trading. We have the first tangible example of how modern quantum computers can solve large-scale business challenges and provide competitive advantages,” emphasized Philip Intallura, head of quantum technologies at HSBC.
The expert also noted that the positive results obtained on modern equipment confirm that the financial industry is on the brink of a new era of computing technologies, which is already beginning to change operational practices.
The Impact of Quantum Computing on Cryptocurrencies and the Security of Digital Assets
IBM Quantum Vice President Jay Gambetta emphasized that combining industry expertise with innovative algorithms and integrating classical approaches with the computational capabilities of quantum systems opens new horizons for the financial sector.
Despite the technological breakthrough, the development of quantum technologies raises discussions about risks for cryptocurrencies. Tether CEO Paolo Ardoino noted back in February 2025 that in the future, quantum computing could allow access to inactive Bitcoin wallets and recover lost coins. However, active users will be able to secure their assets by transitioning to quantum-resistant cryptography.
In April, the research company Project Eleven announced a competition with a reward of 1 BTC for cracking ECC keys using Shor’s algorithm. Meanwhile, major players like BlackRock emphasize the potential security risks for digital assets due to rapid advancements in quantum computing. In August, the Salvadoran authorities, responding to the potential threat, distributed nearly 6300 BTC across 14 new addresses to mitigate the risk of quantum attacks.
In June, IBM unveiled a roadmap for creating the Quantum Starling quantum computer, which will be capable of performing 100 million quantum operations. The launch of this machine is scheduled for 2029, and the impact of this new technology on the crypto market is still being assessed ambiguously.