Quantum for quants - Wall Street's latest shiny new thing: quantum computing | Finance & economics
Quantum for quants A fundamentally new kind of computing will shake up finance—the question is when T HE FINANCE industry has had a long and profitable relationship with computing. It was an early adopter of everything from mainframe computers to artificial intelligence (see timeline). For most of the past decade more trades have been done at high frequency by complex algorithms than by humans. Now big banks have their eyes on quantum computing, another cutting-edge technology. Listen to this story Enjoy more audio and podcasts oniOSorAndroid. This is the idea, developed by physicists in th...
Source: economist.com