Hot-Starting Quantum Portfolio Optimization

Fuente: arXiv
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Hauptverfasser: Schlütter, Sebastian, Maras, Tomislav, Dotterweich, Alexander, Piatkowski, Nico
Format: Preprint
Veröffentlicht: 2025
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author Schlütter, Sebastian
Maras, Tomislav
Dotterweich, Alexander
Piatkowski, Nico
author_facet Schlütter, Sebastian
Maras, Tomislav
Dotterweich, Alexander
Piatkowski, Nico
contents Combinatorial optimization with a smooth and convex objective function arises naturally in applications such as discrete mean-variance portfolio optimization, where assets must be traded in integer quantities. Although optimal solutions to the associated smooth problem can be computed efficiently, existing adiabatic quantum optimization methods cannot leverage this information. Moreover, while various warm-starting strategies have been proposed for gate-based quantum optimization, none of them explicitly integrate insights from the relaxed continuous solution into the QUBO formulation. In this work, a novel approach is introduced that restricts the search space to discrete solutions in the vicinity of the continuous optimum by constructing a compact Hilbert space, thereby reducing the number of required qubits. Experiments on software solvers and a D-Wave Advantage quantum annealer demonstrate that our method outperforms state-of-the-art techniques.
format Preprint
id arxiv_https___arxiv_org_abs_2510_11153
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Hot-Starting Quantum Portfolio Optimization
Schlütter, Sebastian
Maras, Tomislav
Dotterweich, Alexander
Piatkowski, Nico
Quantum Physics
Computational Engineering, Finance, and Science
Combinatorial optimization with a smooth and convex objective function arises naturally in applications such as discrete mean-variance portfolio optimization, where assets must be traded in integer quantities. Although optimal solutions to the associated smooth problem can be computed efficiently, existing adiabatic quantum optimization methods cannot leverage this information. Moreover, while various warm-starting strategies have been proposed for gate-based quantum optimization, none of them explicitly integrate insights from the relaxed continuous solution into the QUBO formulation. In this work, a novel approach is introduced that restricts the search space to discrete solutions in the vicinity of the continuous optimum by constructing a compact Hilbert space, thereby reducing the number of required qubits. Experiments on software solvers and a D-Wave Advantage quantum annealer demonstrate that our method outperforms state-of-the-art techniques.
title Hot-Starting Quantum Portfolio Optimization
topic Quantum Physics
Computational Engineering, Finance, and Science
url https://arxiv.org/abs/2510.11153