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HSBC Implements Quantum Protection for FX Trading

HSBC has become the first bank to pioneer quantum protection for AI-powered foreign exchange trading according to a story in MarketsMedia news. HSBC is exploring how quantum cryptography can safeguard highly sensitive trading data against possible cyber threats as powerful as future quantum attacks. HSBC armed its HSBC AI Markets Trading terminal with quantum protection, using Quantum Key Distribution3 to safeguard a €30 million trading scenario from Euros to US dollars. As this technology matures into a commercially accessible and globally scalable solution, HSBC is demonstrating that it will have the power to safeguard trades of any value from quantum attacks. CEO of HSBC Bank Plc and HSBC Europe, Colin Bell, said: “The quantum revolution is not on the horizon; it’s already here. By investing and experimenting in quantum technologies now, HSBC is not just preparing for the future; we’re shaping it."

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