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Quantum metrology plays a fundamental role in many scientific areas. However, the complexity of engineering entangled probes and the external noise raise technological barriers for realizing the expected precision of the to-be-estimated…

Quantum Physics · Physics 2021-01-21 Xiaodong Yang , Xi Chen , Jun Li , Xinhua Peng , Raymond Laflamme

Classical optimization is a cornerstone of the success of variational quantum algorithms, which often require determining the derivatives of the cost function relative to variational parameters. The computation of the cost function and its…

Quantum Physics · Physics 2025-07-15 Muhammad Umer , Eleftherios Mastorakis , Dimitris G. Angelakis

This study investigates enhancing option pricing by extending the Black-Scholes model to include stochastic volatility and interest rate variability within the Partial Differential Equation (PDE). The PDE is solved using the finite…

Numerical Analysis · Mathematics 2025-04-15 Nikhil Shivakumar Nayak

Quantum annealing is a powerful tool for solving and approximating combinatorial optimization problems such as graph partitioning, community detection, centrality, routing problems, and more. In this paper we explore the use of quantum…

Quantum Physics · Physics 2025-07-17 Joel E. Pion , Susan M. Mniszewski

Variational Quantum Algorithms (VQAs) are promising methods for solving combinatorial optimization problems on noisy intermediate-scale quantum (NISQ) devices. However, benchmarking VQAs is difficult due to their stochastic behavior and the…

Variational quantum algorithms (VQAs) are hybrid quantum-classical approaches used for tackling a wide range of problems on noisy intermediate-scale quantum (NISQ) devices. Testing these algorithms on relevant hardware is crucial to…

The pricing of financial derivatives, which requires massive calculations and close-to-real-time operations under many trading and arbitrage scenarios, were largely infeasible in the past. However, with the advancement of modern computing,…

Pricing of Securities · Quantitative Finance 2019-06-18 Wei-Cheng Chen , Wei-Ho Chung

Combinatorial optimization problems are pivotal across many fields. Among these, Quadratic Unconstrained Binary Optimization (QUBO) problems, central to fields like portfolio optimization, network design, and computational biology, are…

Optimization and Control · Mathematics 2024-06-07 Yuhan Huang , Siyuan Jin , Yichi Zhang , Ling Pan , Qiming Shao

We consider digitized-counterdiabatic quantum computing as an advanced paradigm to approach quantum advantage for industrial applications in the NISQ era. We apply this concept to investigate a discrete mean-variance portfolio optimization…

Quantum Physics · Physics 2022-12-29 N. N. Hegade , P. Chandarana , K. Paul , X. Chen , F. Albarrán-Arriagada , E. Solano

Multi-asset option pricing under local- and stochastic-volatility models leads naturally to high-dimensional parabolic PDEs. We develop an end-to-end quantum PDE framework for European option pricing under local-volatility Black--Scholes…

Quantum Physics · Physics 2026-05-27 Nikita Guseynov , Nana Liu , Chi Seng Pun , Tushar Vaidya

Modern quantum annealers can find high-quality solutions to combinatorial optimisation objectives given as quadratic unconstrained binary optimisation (QUBO) problems. Unfortunately, obtaining suitable QUBO forms in computer vision remains…

Amplitude estimation algorithms are based on Grover's algorithm: alternating reflections about the input state and the desired outcome. But what if we are given the ability to perform arbitrary rotations, instead of just reflections? In…

Quantum Physics · Physics 2023-03-08 Patrick Rall , Bryce Fuller

We propose an approach to quantum computing in which quantum gate strengths are parametrized by quantum degrees of freedom, and the capability of the quantum computer to perform desired tasks is monitored and gradually improved by…

Quantum Physics · Physics 2009-11-25 Soren Gammelmark , Klaus Molmer

Problem instances of a size suitable for practical applications are not likely to be addressed during the noisy intermediate-scale quantum (NISQ) period with (almost) pure quantum algorithms. Hybrid classical-quantum algorithms have…

Quantum Physics · Physics 2022-12-05 Randall Correll , Sean J. Weinberg , Fabio Sanches , Takanori Ide , Takafumi Suzuki

In this paper, a quantum model for the binomial market in finance is proposed. We show that its risk-neutral world exhibits an intriguing structure as a disk in the unit ball of ${\bf R}^3,$ whose radius is a function of the risk-free…

Quantum Physics · Physics 2019-06-28 Zeqian Chen

We develop a novel deep learning approach for pricing European options in diffusion models, that can efficiently handle high-dimensional problems resulting from Markovian approximations of rough volatility models. The option pricing partial…

Computational Finance · Quantitative Finance 2025-04-04 Antonis Papapantoleon , Jasper Rou

Advancements in quantum computing are fuelling emerging applications across disciplines, including finance, where quantum and quantum-inspired algorithms can now make market predictions, detect fraud, and optimize portfolios. Expanding this…

Quantum Physics · Physics 2023-01-06 Anna G. Hughes , Jack S. Baker , Santosh Kumar Radha

Quantum Bridge Analytics relates to methods and systems for hybrid classical-quantum computing, and is devoted to developing tools for bridging classical and quantum computing to gain the benefits of their alliance in the present and enable…

Discrete Mathematics · Computer Science 2020-02-11 Fred Glover , Gary Kochenberger , Moses Ma , Yu Du

As the world seeks to become more sustainable, intelligent solutions are needed to increase the penetration of renewable energy. In this paper, the model-free deep reinforcement learning algorithm Rainbow Deep Q-Networks is used to control…

Machine Learning · Computer Science 2021-06-14 Daniel J. B. Harrold , Jun Cao , Zhong Fan

Quantum computing could impact various industries, with the automotive industry with many computational challenges, from optimizing supply chains and manufacturing to vehicle engineering, being particularly promising. This chapter…