Can high-frequency, low-latency trading really move to the cloud without sacrificing the performance and reliability required to execute those trading strategies? A new benchmark study says "yes." 28Stone Consulting(28Stone), a leading provider of technology and software consulting services to the financial services industry, announces benchmarkresults on Google Cloud showing Tick-to-Trade (T2T) latency at sub-2 microseconds (µs).

The study evaluated whether latency-sensitive trading loops can run in the cloud, specifically looking at Google Cloud C3 machine types and its cloud-native networking stack. The benchmark measured the end-to-end loop (market-data ingest, decision, and order transmit) and recorded latency, jitter, and throughput under increasing message rates.

"Our goal was to validate a practical pattern and measure the entire path from tick to trade," said Rohit Bhat, general manager and managing director, Financial Services, Google Cloud. "Seeing sub-2 µs best-case results with stable jitter in controlled benchmarks confirms that firms can achieve ultra-low-latency targets on Google Cloud. 28Stone's expertise in capital markets trading workflows was instrumental in developing the use cases and the technology for this benchmark study."

As institutions modernize trading and digital-exchange infrastructure, the benchmark results demonstrate that the cloud is ready for even the most demanding requirements of the financial system. 28Stone's work demonstrates that front-office, latency-sensitive workloads can run in the cloud while gaining elastic scalability, geographic reach, and cost efficiency.