Kosuke Mitarai

Pricing multi-asset derivatives by variational quantum algorithms

2022 · arXiv (Cornell University)

Pricing a multi-asset derivative is an important problem in financial engineering, both theoretically and practically. Although it is suitable to numerically solve partial differential equations to calculate the prices of certain types of derivatives, the …

Accelerating Grover Adaptive Search: Qubit and Gate Count Reduction Strategies With Higher Order Formulations

2024 · IEEE Transactions on Quantum Engineering

Grover adaptive search (GAS) is a quantum exhaustive search algorithm designed to solve binary optimization problems. In this article, we propose higher order binary formulations that can simultaneously reduce the numbers of qubits and gates …