Low Latency Contracts in England

Low Latency
UK > England

The following table provides summary statistics for contract job vacancies advertised in England with a requirement for Low Latency skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Low Latency over the 6 months to 16 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
16 May 2024
Same period 2023 Same period 2022
Rank 399 268 319
Rank change year-on-year -131 +51 -60
Contract jobs citing Low Latency 138 473 600
As % of all contract jobs advertised in England 0.38% 0.98% 0.85%
As % of the Processes & Methodologies category 0.44% 1.09% 0.94%
Number of daily rates quoted 117 395 449
10th Percentile £525 £525 £538
25th Percentile £600 £625 £663
Median daily rate (50th Percentile) £751 £740 £750
Median % change year-on-year +1.42% -1.33% +11.11%
75th Percentile £900 £863 £850
90th Percentile £1,108 £950 £900
UK median daily rate £751 £740 £750
% change year-on-year +1.42% -1.33% +11.11%
Number of hourly rates quoted 1 0 0
Median hourly rate £83.00 - -
UK median hourly rate £83.00 - -

All Process and Methodology Skills
England

Low Latency is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in England with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 31,446 43,440 63,865
As % of all contract IT jobs advertised in England 86.42% 90.15% 90.86%
Number of daily rates quoted 20,588 30,513 45,420
10th Percentile £300 £325 £333
25th Percentile £413 £448 £430
Median daily rate (50th Percentile) £525 £550 £540
Median % change year-on-year -4.55% +1.85% +8.00%
75th Percentile £650 £675 £650
90th Percentile £750 £766 £750
UK median daily rate £525 £550 £530
% change year-on-year -4.55% +3.77% +8.16%
Number of hourly rates quoted 2,245 1,538 1,746
10th Percentile £12.92 £10.63 £12.50
25th Percentile £15.92 £16.23 £15.25
Median hourly rate £36.50 £36.00 £25.00
Median % change year-on-year +1.39% +44.00% +7.71%
75th Percentile £60.25 £65.00 £49.37
90th Percentile £72.50 £75.00 £65.00
UK median hourly rate £36.27 £35.65 £25.68
% change year-on-year +1.75% +38.82% +5.35%

Low Latency
Job Vacancy Trend in England

Job postings citing Low Latency as a proportion of all IT jobs advertised in England.

Job vacancy trend for Low Latency in England

Low Latency
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing Low Latency in England.

Daily rate trend for Low Latency in England

Low Latency
Daily Rate Histogram in England

Daily rate distribution for jobs citing Low Latency in England over the 6 months to 16 May 2024.

Daily rate histogram for Low Latency in England

Low Latency
Contractor Hourly Rate Trend in England

3-month moving average hourly rates quoted in jobs citing Low Latency in England.

Hourly rate trend for Low Latency in England

Low Latency
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Low Latency within the England region over the 6 months to 16 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
London -108 125 £800 +6.67% 118
North of England +22 6 £575 +35.29% 2
North West +15 5 £575 +37.31% 2
South West - 5 £525 - 7
Midlands +25 2 £525 +16.67% 2
West Midlands +23 1 £500 +11.11% 2
Yorkshire +14 1 - -
East Midlands - 1 £550 -
Low Latency
UK

Low Latency
Co-occurring Skills and Capabilities in England by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 6 (4.35%) Apache Spark
2 2 (1.45%) Apache
2 2 (1.45%) Ethereum
2 2 (1.45%) SharePoint
3 1 (0.72%) Hyperledger
3 1 (0.72%) MetaMask
3 1 (0.72%) MQSeries
3 1 (0.72%) SAS
3 1 (0.72%) Tomcat
3 1 (0.72%) WebSphere
Applications
1 2 (1.45%) Microsoft Excel
1 2 (1.45%) Microsoft PowerPoint
1 2 (1.45%) Microsoft Project
1 2 (1.45%) MS Visio
Business Applications
1 11 (7.97%) ION MarketView
2 4 (2.90%) RMDS
3 2 (1.45%) Fidessa
Cloud Services
1 11 (7.97%) AWS
2 9 (6.52%) Azure
3 5 (3.62%) Azure Data Factory
3 5 (3.62%) GitHub
4 4 (2.90%) Cloud Computing
4 4 (2.90%) OpenShift
4 4 (2.90%) Serverless
5 3 (2.17%) Azure DevOps
5 3 (2.17%) Azure Functions
5 3 (2.17%) Azure Key Vault
5 3 (2.17%) Azure Monitor
5 3 (2.17%) Azure Service Bus
5 3 (2.17%) NuGet
5 3 (2.17%) Power Platform
6 2 (1.45%) GCP
6 2 (1.45%) Virtual Private Cloud
7 1 (0.72%) Amazon EMR
7 1 (0.72%) Amazon SQS
7 1 (0.72%) Nutanix
7 1 (0.72%) PaaS
Communications & Networking
1 11 (7.97%) Firewall
2 5 (3.62%) Network Security
3 4 (2.90%) InfiniBand
4 2 (1.45%) FIX Connectivity
4 2 (1.45%) Multicast
4 2 (1.45%) TCP/IP
4 2 (1.45%) VPN
5 1 (0.72%) BGP
5 1 (0.72%) DHCP
5 1 (0.72%) DMZ
5 1 (0.72%) DNS
5 1 (0.72%) HTTP
5 1 (0.72%) IPsec
5 1 (0.72%) OSPF
5 1 (0.72%) SAN
5 1 (0.72%) SD-WAN
5 1 (0.72%) Software-Defined Networking
5 1 (0.72%) Unicast
5 1 (0.72%) WAN
5 1 (0.72%) Wireless
Database & Business Intelligence
1 28 (20.29%) KDB
2 7 (5.07%) NoSQL
2 7 (5.07%) Relational Database
3 6 (4.35%) Big Data
4 4 (2.90%) Elasticsearch
4 4 (2.90%) Hadoop
4 4 (2.90%) SQL Server
5 3 (2.17%) Power BI
5 3 (2.17%) SQL Server Integration Services
6 2 (1.45%) Microsoft Analysis Services
6 2 (1.45%) MongoDB
6 2 (1.45%) PostgreSQL
6 2 (1.45%) SQL Server Analysis Services
6 2 (1.45%) Tableau
7 1 (0.72%) Apache Cassandra
7 1 (0.72%) Data Warehouse
7 1 (0.72%) HBase
7 1 (0.72%) MySQL
7 1 (0.72%) RDBMS
7 1 (0.72%) Redis
Development Applications
1 4 (2.90%) Git
2 3 (2.17%) Cypress.io
2 3 (2.17%) Jenkins
2 3 (2.17%) JIRA
2 3 (2.17%) SonarQube
3 1 (0.72%) Bitbucket
3 1 (0.72%) GitLab
3 1 (0.72%) Gradle
3 1 (0.72%) IntelliJ
3 1 (0.72%) JUnit
3 1 (0.72%) Maven
3 1 (0.72%) TeamCity
3 1 (0.72%) Visual Studio Code
General
1 68 (49.28%) Finance
2 36 (26.09%) Banking
3 26 (18.84%) Front Office
4 21 (15.22%) Social Skills
5 16 (11.59%) Investment Banking
6 9 (6.52%) Analytical Skills
7 6 (4.35%) Inclusion and Diversity
8 4 (2.90%) Manufacturing
9 2 (1.45%) Telecoms
10 1 (0.72%) Back Office
10 1 (0.72%) Financial Institution
10 1 (0.72%) Games
10 1 (0.72%) Presentation Skills
Job Titles
1 83 (60.14%) Developer
2 49 (35.51%) Java Developer
3 33 (23.91%) Senior
4 25 (18.12%) Senior Developer
5 19 (13.77%) Senior Java Developer
6 15 (10.87%) Network Engineer
7 13 (9.42%) Low Latency Java Developer
8 11 (7.97%) C++ Developer
8 11 (7.97%) Software Engineer
9 8 (5.80%) Low Latency C++ Developer
10 7 (5.07%) Java Engineer
10 7 (5.07%) Senior Network Engineer
11 6 (4.35%) Electronic Trading Developer
11 6 (4.35%) Java Software Engineer
12 5 (3.62%) Cisco Engineer
12 5 (3.62%) Cisco Network Engineer
12 5 (3.62%) Electronic Trading Java Developer
13 4 (2.90%) Data Engineer
13 4 (2.90%) Python Developer
14 3 (2.17%) Exchange Support
Libraries, Frameworks & Software Standards
1 33 (23.91%) FIX Protocol
2 13 (9.42%) React
3 11 (7.97%) .NET
3 11 (7.97%) Kafka
4 7 (5.07%) Rendezvous
4 7 (5.07%) Spring
5 6 (4.35%) .NET Core
5 6 (4.35%) Middleware
6 5 (3.62%) HTML
6 5 (3.62%) HTML5
7 4 (2.90%) Elastic Stack
7 4 (2.90%) Ultra Messaging
7 4 (2.90%) XML
8 3 (2.17%) .NET Framework
8 3 (2.17%) AngularJS
8 3 (2.17%) WPF
9 2 (1.45%) JSON
9 2 (1.45%) Node.js
9 2 (1.45%) Smart Contracts
9 2 (1.45%) Spring Boot
Miscellaneous
1 38 (27.54%) Foreign Exchange (FX)
2 22 (15.94%) Derivative
3 20 (14.49%) Fixed Income
4 18 (13.04%) Distributed Systems
5 17 (12.32%) Algorithms
6 13 (9.42%) Self-Motivation
7 10 (7.25%) Data Structures
8 8 (5.80%) Equity Derivative
8 8 (5.80%) Hedge funds
9 7 (5.07%) Cloud Native
9 7 (5.07%) Data Protection Act
9 7 (5.07%) Equities
10 5 (3.62%) Greenfield Project
11 4 (2.90%) Management Information System
12 3 (2.17%) Data Centre
13 2 (1.45%) Blockchain
13 2 (1.45%) Enterprise Software
13 2 (1.45%) Market Risk
14 1 (0.72%) PKI
14 1 (0.72%) Private Cloud
Operating Systems
1 23 (16.67%) Linux
2 14 (10.14%) Unix
3 1 (0.72%) Red Hat Enterprise Linux
3 1 (0.72%) Windows
Processes & Methodologies
1 54 (39.13%) Electronic Trading
2 39 (28.26%) Agile
3 35 (25.36%) Algorithmic Trading
4 32 (23.19%) Multithreading
5 26 (18.84%) Test Automation
6 25 (18.12%) Analytics
7 22 (15.94%) Continuous Integration
8 21 (15.22%) E-Commerce
9 20 (14.49%) User Acceptance Testing
10 18 (13.04%) High Availability
10 18 (13.04%) Multithreaded Programming
11 17 (12.32%) Computer Science
12 14 (10.14%) OO
12 14 (10.14%) Software Engineering
13 13 (9.42%) Problem-Solving
14 12 (8.70%) Incident Management
15 11 (7.97%) DevOps
15 11 (7.97%) Microservices
16 10 (7.25%) Fintech
16 10 (7.25%) SDLC
Programming Languages
1 65 (47.10%) Java
2 26 (18.84%) Python
3 19 (13.77%) C++
4 13 (9.42%) C#
5 10 (7.25%) SQL
6 9 (6.52%) Perl
7 7 (5.07%) JavaScript
8 5 (3.62%) Bash
9 4 (2.90%) Scala
10 3 (2.17%) PowerShell
11 2 (1.45%) PHP
11 2 (1.45%) Solidity
11 2 (1.45%) T-SQL
11 2 (1.45%) TypeScript
12 1 (0.72%) Jython
12 1 (0.72%) Kotlin
12 1 (0.72%) Ruby
12 1 (0.72%) Shell Script
Qualifications
1 22 (15.94%) Cisco Certification
2 18 (13.04%) CCNA
3 17 (12.32%) Degree
4 9 (6.52%) CCNP
5 7 (5.07%) Computer Science Degree
6 6 (4.35%) DV Cleared
6 6 (4.35%) Security Cleared
7 4 (2.90%) CCIE
8 3 (2.17%) SC Cleared
9 2 (1.45%) Master's Degree
10 1 (0.72%) AWS Certification
10 1 (0.72%) CISM
10 1 (0.72%) CISSP
10 1 (0.72%) Numerate Degree
Quality Assurance & Compliance
1 3 (2.17%) QA
2 2 (1.45%) ISO/IEC 27001
3 1 (0.72%) GDPR
System Software
1 6 (4.35%) Docker
2 2 (1.45%) Virtual Machines
3 1 (0.72%) HDFS
Systems Management
1 11 (7.97%) ITRS Geneos
2 7 (5.07%) Kubernetes
3 5 (3.62%) Ansible
4 2 (1.45%) Terraform
5 1 (0.72%) FortiGate
5 1 (0.72%) Grafana
5 1 (0.72%) Hadoop YARN
5 1 (0.72%) Oozie
Vendors
1 26 (18.84%) ION Trading
2 24 (17.39%) Cisco
3 14 (10.14%) Solace
4 10 (7.25%) TIBCO
5 9 (6.52%) Fortinet
6 8 (5.80%) Arista
6 8 (5.80%) CheckPoint
6 8 (5.80%) F5
7 5 (3.62%) Palo Alto
8 4 (2.90%) Bloomberg
8 4 (2.90%) Riverbed
8 4 (2.90%) SolarWinds
8 4 (2.90%) Tradeweb
9 3 (2.17%) Microsoft
9 3 (2.17%) Red Hat
9 3 (2.17%) ServiceNow
10 2 (1.45%) BT
10 2 (1.45%) Radianz
10 2 (1.45%) Refinitiv
10 2 (1.45%) Reuters