Finance

Cambridge University Press eBooks, pp. 130–147

Abstract

This chapter covers applications of quantum computing relevant to the financial services industry. We discuss quantum algorithms for the portfolio optimization problem, where one aims to choose a portfolio that maximizes expected return while minimizing risk. This problem can be formulated in several ways, and quantum solutions leverage methods for combinatorial or continuous optimization. We also discuss quantum algorithms for estimating the fair price of options and other derivatives, which are based on a quantum acceleration of Monte Carlo methods.

Authors 0

1. Author list not loaded yet.