HSBC and IBM Achieve Quantum Computing Breakthrough in Bond Trading
LONDON – September 25, 2025 – HSBC has successfully demonstrated teh world’s first known request of quantum-enabled algorithmic trading, collaborating with IBM to improve bond trading processes. The trial, utilizing IBM’s Heron quantum processor, augmented classical computing workflows to identify hidden pricing signals in market data more effectively than traditional methods currently employed by HSBC.
This marks a meaningful step toward realizing the potential of quantum computing in finance. Quantum computers leverage the principles of quantum mechanics to process information in a fundamentally different way than classical computers, offering the potential to solve complex problems currently intractable for even the most powerful supercomputers. This capability is poised to transform industries as quantum technology matures.
In this specific instance, the collaboration resulted in “strong improvements” to HSBC’s bond trading process, according to the companies. IBM’s quantum computers are accessible via the cloud, alongside the open-source quantum software stack, qiskit.Heron represents IBM’s latest and highest-performing quantum processor.
HSBC serves customers worldwide from offices in 57 countries and territories, holding US$3,214 billion in assets as of June 30, 2025, making it one of the world’s largest banking and financial services organizations.
Multimedia resources, including interviews with project leads from both HSBC and IBM, and imagery of the IBM quantum computer, are available at https://f.io/S-4v9Wk3.
Media Enquiries:
HSBC: adam.shortman@hsbc.com / anna.do@hsbc.com
A downloadable PDF of the full release is available here: https://www.hsbc.com/-/files/hsbc/media/media-release/2025/250923-hsbc-demonstrates-worlds-first-known-quantum-enabled-algorithmic-trading-with-ibm.pdf?download=1