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Portfolio optimization is a fundamental problem in finance that aims to determine the optimal allocation of assets within a portfolio to maximize returns while minimizing risk. It can be formulated as a Quadratic Unconstrained Binary…

Quantum Physics · Physics 2025-08-27 Anbang Wang , Zhonggang Lv , Zhenyuan Ma , Dunbo Cai , Zhihong Zhang

Trapped ions are a promising tool for building a large-scale quantum computer. However, the number of required radiation fields for the realisation of quantum gates in any proposed ion-based architecture scales with the number of ions…

This thesis deals with the problematics of the scalability of fault-tolerant quantum computing. This question is studied under the angle of estimating the resources needed to set up such computers. What we call a resource is, in principle,…

Quantum Physics · Physics 2022-02-15 Marco Fellous-Asiani

Variational quantum algorithms (VQA) have emerged as a promising quantum alternative for solving optimization and machine learning problems using parameterized quantum circuits (PQCs). The design of these circuits influences the ability of…

Quantum Physics · Physics 2024-04-18 Alexander Benítez-Buenache , Queralt Portell-Montserrat

Quantum Approximate Optimization Algorithm (QAOA) can be used to solve quadratic unconstrained binary optimization (QUBO) problems. However, the size of the solvable problem is limited by the number of qubits. To leverage noisy…

Quantum Physics · Physics 2025-06-10 Wending Zhao , Gaoxiang Tang

Variational quantum algorithms are viewed as promising candidates for demonstrating quantum advantage on near-term devices. These approaches typically involve the training of parameterized quantum circuits through a classical optimization…

Trapped ions are among the most promising systems for practical quantum computing (QC). The basic requirements for universal QC have all been demonstrated with ions and quantum algorithms using few-ion-qubit systems have been implemented.…

Quantum Physics · Physics 2019-12-03 Colin D. Bruzewicz , John Chiaverini , Robert McConnell , Jeremy M. Sage

The expanding number of assets offers more opportunities for investors but poses new challenges for modern portfolio management (PM). As a central plank of PM, portfolio selection by expected utility maximization (EUM) faces uncontrollable…

Applications · Statistics 2022-10-24 Jin-Hong Du , Yifeng Guo , Xueqin Wang

Portfolio optimization plays a central role in finance to obtain optimal portfolio allocations that aim to achieve certain investment goals. Over the years, many works have investigated different variants of portfolio optimization.…

Quantum Physics · Physics 2023-02-01 Debbie Lim , Patrick Rebentrost

Multi-period stock-keeping unit (SKU) allocation in supply chains is a combinatorial optimization problem that is both NP-hard and operationally critical, requiring simultaneous attention to profitability, feasibility, and diversity.…

In this paper we consider a generalization of the Markowitz's Mean-Variance model under linear transaction costs and cardinality constraints. The cardinality constraints are used to limit the number of assets in the optimal portfolio. The…

Computational Engineering, Finance, and Science · Computer Science 2014-04-15 Mahdi Moeini

Current gate-based quantum computers have the potential to provide a computational advantage if algorithms use quantum hardware efficiently. To make combinatorial optimization more efficient, we introduce the Filtering Variational Quantum…

We introduce a novel quantum optimization paradigm: the Fixed-Parameter-Count Quantum Approximate Optimization Algorithm (FPC-QAOA). It is a scalable variational framework that maintains a constant number of trainable parameters regardless…

We continue to investigate the use of quantum computers for building an optimal portfolio out of a universe of 60 U.S. listed, liquid equities. Starting from historical market data, we apply our unique problem formulation on the D-Wave…

General Finance · Quantitative Finance 2020-08-21 Jeffrey Cohen , Alex Khan , Clark Alexander

Adiabatic quantum optimization has been proposed as a route to solve NP-complete problems, with a possible quantum speedup compared to classical algorithms. However, the precise role of quantum effects, such as entanglement, in these…

Quantum Gases · Physics 2015-06-23 Philipp Hauke , Lars Bonnes , Markus Heyl , Wolfgang Lechner

Quantum computers may provide good solutions to combinatorial optimization problems by leveraging the Quantum Approximate Optimization Algorithm (QAOA). The QAOA is often presented as an algorithm for noisy hardware. However, hardware…

We develop and implement automated methods for optimizing quantum circuits of the size and type expected in quantum computations that outperform classical computers. We show how to handle continuous gate parameters and report a collection…

Quantum Physics · Physics 2018-06-04 Yunseong Nam , Neil J. Ross , Yuan Su , Andrew M. Childs , Dmitri Maslov

A central challenge in developing practical quantum processors is maintaining low control complexity while scaling to large numbers of qubits. Trapped-ion systems excel in small-scale operations and support rapid qubit scaling via…

Quantum Physics · Physics 2025-06-25 Xueying Mai , Liyun Zhang , Qinyang Yu , Junhua Zhang , Yao Lu

Copulas are mathematical tools for modeling joint probability distributions. Since copulas enable one to conveniently treat the marginal distribution of each variable and the interdependencies among variables separately, in the past 60…

Quantum Physics · Physics 2022-06-28 Daiwei Zhu , Weiwei Shen , Annarita Giani , Saikat Ray Majumder , Bogdan Neculaes , Sonika Johri

Quantum computing has garnered attention for its potential to solve complex computational problems with considerable speedup. Despite notable advancements in the field, achieving meaningful scalability and noise control in quantum hardware…

Quantum Physics · Physics 2025-05-12 Eduardo Willwock Lussi , Rafael de Santiago , Eduardo Inacio Duzzioni