Toshiba and Dharma Capital bid to bring quasi-quantum computing to HFT

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Japanese tech giant Toshiba is joining forces with Dharma Capital to trial the use of quasi-quantum technology in financial trading. The experiment will investigate the effectiveness of high frequency trading (HFT) strategies for Japanese listed stocks based on "optimal solutions" presented by a quasi-quantum computer -Toshiba’s Simulated Bifurcation Machine.Toshiba says that by combining its computing power with conventional HFT technology, it is now possible to search statistical arbitration opportunities that have not been targeted before, with a sufficient level of low latency against market price fluctuations. More broadly, establishing trading systems that can quickly detect ever-untargeted mispricings and eliminate them is expected to further improve market efficiency and liquidity, says the...

Amazon’s Bid to Recover JEDI Cloud Computing Contract Stays Alive

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WASHINGTON— Amazon. com Inc.’s bid to win back the Pentagon’s JEDI cloud computing contract stayed alive Wednesday as a federal judge rejected motions by the Defense Department and Microsoft Corp. to dismiss much of Amazon’s challenge of the contract award. Judge Patricia Campbell-Smith of the U.S. Court of Federal Claims rejected the motions, according to a court docket entry. Her opinion and order in the case weren’t made public immediately, making the extent of the government’s legal defeat unclear. The move is significant nonetheless because it opens the door to continued protracted court battles over the Joint Enterprise Defense Infrastructure, or JEDI, contract. ...