Rob Otter

Quantum-Informed Portfolio Selection: An End-to-End Pipeline Validated on Trapped-Ion Hardware with Real Market Data

Romina Yalovetzky, Martin J. A. Schuetz, Zichang He, Jiayu Shen, Yue Sun, Rudy Raymond, Shauna Sahay, Kishore Perla, Ruben S. Andrist, Grant Salton, Helmut G. Katzgraber, Roger Bongiovanni, Niraj Kumar, Rob Otter

Abstract

Portfolio diversification - a cornerstone of modern investment management - can be formulated as a Maximum Independent Set (MIS) problem on asset correlation graphs. Solving this problem at scale is computationally challenging, motivating the exploration of quantum algorithms for practical financial optimization. We propose an end-to-end pipeline leveraging qReduMIS, a recursive hybrid quantum-classical algorithm. Rather than using quantum optimization to directly produce a final solution, qReduMIS leverages independent set measurements from the Quantum Approximate Optimization Algorithm (QAOA) to identify frozen nodes - vertices likely to belong to optimal solutions - thereby guiding and unblocking subsequent (provably optimal) classical reductions on the remaining graph. We benchmark qReduMIS on real financial data from four major market indices with up to 225 assets, executing experiments on Quantinuum's 98-qubit trapped-ion Helios system, with QAOA circuits acting on kernels of up to 78 qubits and 1016 two-qubit gates. While standalone QAOA fails to find the optimal solution for two of the largest indices (S&P 100 and Nikkei 225), qReduMIS achieves success probabilities of $0.40$ and $0.95$, respectively, with average approximation ratios $\geq 0.96$ across all four indices. We perform a systematic benchmark on the Quantinuum H2-1 noisy emulator over 73 asset correlation graphs of varying size showing that, for $p=2$ QAOA layers, the optimal time-to-solution scaling exponent of qReduMIS is $3.2$ times smaller than that of standalone QAOA.

Certified randomness amplification by dynamically probing remote random quantum states

Minzhao Liu [1], Pradeep Niroula [1], Matthew DeCross [2], Cameron Foreman [3], Wen Yu Kon [1], Ignatius William Primaatmaja [1,2], M. S. Allman, J. P. Campora, Akhil Isanaka [2], Kartik Singhal [2], Omar Amer [1], Shouvanik Chakrabarti [1], Kaushik Chakraborty [1], Samuel F. Cooper [2], Robert D. Delaney [2], Joan M. Dreiling [2], Brian Estey [2], Caroline Figgatt [2], Cameron Foltz [2], John P. Gaebler [2], Alex Hall [2], Zichang He [1], Craig A. Holliman [4], Travis S. Humble [5], Shih-Han Hung [6], Ali A. Husain [7], Yuwei Jin [1], Fatih Kaleoglu [1], Colin J. Kennedy [2], Nikhil Kotibhaskar [3], Nathan K. Lysne [4], Ivaylo S. Madjarov [2], Michael Mills [2], Alistair R. Milne [3], Kevin Milner [3], Louis Narmour [2], Sivaprasad Omanakuttan [1], Annie J. Park [2], Michael A. Perlin [1], Adam P. Reed [2], Chris N. Self [8], Matthew Steinberg [1], David T. Stephen [2], Joseph Sullivan [1], Alex Chernoguzov [2], Florian J. Curchod [8], Anthony Ransford [2], Justin G. Bohnet [2], Brian Neyenhuis [2], Michael Foss-Feig [2], Rob Otter [1], Ruslan Shaydulin [1]

Abstract

Cryptography depends on truly unpredictable numbers, but physical sources emit biased or correlated bits. Quantum mechanics enables the amplification of imperfect randomness into nearly perfect randomness, but prior demonstrations have required physically co-located, loophole-free Bell tests, constraining the feasibility of remote operation. Here we realize certified randomness amplification across a network by dynamically probing large, entangled quantum states on Quantinuum's 98-qubit Helios trapped-ion quantum processor. Our protocol is secure even if the remote device acts maliciously or is compromised by an intercepting adversary, provided the samples are generated quickly enough to preclude classical simulation of the quantum circuits. We stream quantum gates in real time to the quantum processor, maintain quantum state coherence for $\approx 0.9$ seconds, and then reveal the measurement bases to the quantum processor only milliseconds before measurement. This limits the time for classical spoofing to 30 ms and constrains the location of hypothetical adversaries to a $4{,}500$ km radius. We achieve a fidelity of 0.586 on random circuits with 64 qubits and 276 two-qubit gates, enabling the amplification of realistic imperfect randomness with a low entropy rate into nearly perfect randomness.

Realization of a Quantum Streaming Algorithm on Long-lived Trapped-ion Qubits

Pradeep Niroula [1], Shouvanik Chakrabarti [1], Steven Kordonowy [1], Niraj Kumar [1], Sivaprasad Omanakuttan [1], Michael A. Perlin [1,2], M. S. Allman, J. P. Campora, Alex Chernoguzov [2], Samuel F. Cooper [2], Robert D. Delaney [2], Joan M. Dreiling [2], Brian Estey [2], Caroline Figgatt [2], Cameron Foltz [2], John P. Gaebler [2], Alex Hall [2], Ali A. Husain [3], Akhil Isanaka [2], Colin J. Kennedy [2], Nikhil Kotibhaskar [4], Ivaylo S. Madjarov [2], Michael Mills [2], Alistair R. Milne [4], Louis Narmour [2], Annie J. Park [2], Adam P. Reed [2], Kartik Singhal [2], Anthony Ransford [2], Justin G. Bohnet [2], Brian Neyenhuis [2], Rob Otter [1], Ruslan Shaydulin [1]

Abstract

Large classical datasets are often processed in the streaming model, with data arriving one item at a time. In this model, quantum algorithms have been shown to offer an unconditional exponential advantage in space. However, experimentally implementing such streaming algorithms requires qubits that remain coherent while interacting with an external data stream. In this work, we realize such a data-streaming model using Quantinuum Helios trapped-ion quantum computer with long-lived qubits that communicate with an external server. We implement a quantum pair sketch, which is the primitive underlying many quantum streaming algorithms, and use it to solve Hidden Matching, a problem known to exhibit a theoretical exponential quantum advantage in space. Furthermore, we compile the quantum streaming algorithm to fault-tolerant quantum architectures based on surface and bivariate bicycle codes and show that the quantum space advantage persists even with the overheads of fault-tolerance.