Low Latency Contracts in London

Low Latency
England > London

The following table provides summary statistics for contract job vacancies advertised in London 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 265 157 211
Rank change year-on-year -108 +54 -57
Contract jobs citing Low Latency 125 447 527
As % of all contract jobs advertised in London 0.72% 1.73% 1.37%
As % of the Processes & Methodologies category 0.81% 1.90% 1.48%
Number of daily rates quoted 106 374 424
10th Percentile £550 £573 £554
25th Percentile £650 £625 £675
Median daily rate (50th Percentile) £800 £750 £775
Median % change year-on-year +6.67% -3.23% +14.81%
75th Percentile £900 £863 £871
90th Percentile £1,144 £950 £909
England median daily rate £751 £740 £750
% change year-on-year +1.42% -1.33% +11.11%

All Process and Methodology Skills
London

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 London with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 15,475 23,527 35,605
As % of all contract IT jobs advertised in London 88.65% 90.92% 92.33%
Number of daily rates quoted 11,094 16,975 26,024
10th Percentile £343 £375 £388
25th Percentile £450 £475 £475
Median daily rate (50th Percentile) £550 £593 £575
Median % change year-on-year -7.17% +3.04% +9.52%
75th Percentile £688 £700 £688
90th Percentile £800 £800 £775
England median daily rate £525 £550 £540
% change year-on-year -4.55% +1.85% +8.00%
Number of hourly rates quoted 307 269 415
10th Percentile £15.77 £18.40 £17.55
25th Percentile £20.00 £22.49 £24.25
Median hourly rate £27.84 £37.34 £37.50
Median % change year-on-year -25.44% -0.43% +14.77%
75th Percentile £48.75 £64.25 £51.61
90th Percentile £66.85 £82.30 £68.75
England median hourly rate £36.50 £36.00 £25.00
% change year-on-year +1.39% +44.00% +7.71%

Low Latency
Job Vacancy Trend in London

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

Job vacancy trend for Low Latency in London

Low Latency
Contractor Daily Rate Trend in London

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

Daily rate trend for Low Latency in London

Low Latency
Daily Rate Histogram in London

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

Daily rate histogram for Low Latency in London

Low Latency
Contractor Hourly Rate Trend in London

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

Hourly rate trend for Low Latency in London

Low Latency
Contract Job Locations in London

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 London 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
Central London -34 18 £825 +6.45% 13
East London - 2 £775 - 1
Low Latency
England

Low Latency
Co-occurring Skills and Capabilities in London 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 5 (4.00%) Apache Spark
2 2 (1.60%) Apache
2 2 (1.60%) SharePoint
3 1 (0.80%) Ethereum
3 1 (0.80%) Hyperledger
3 1 (0.80%) MQSeries
3 1 (0.80%) SAS
Applications
1 2 (1.60%) Microsoft Excel
1 2 (1.60%) Microsoft PowerPoint
1 2 (1.60%) Microsoft Project
1 2 (1.60%) MS Visio
Business Applications
1 11 (8.80%) ION MarketView
2 4 (3.20%) RMDS
3 2 (1.60%) Fidessa
Cloud Services
1 8 (6.40%) AWS
2 5 (4.00%) Azure
3 4 (3.20%) Cloud Computing
3 4 (3.20%) GitHub
3 4 (3.20%) OpenShift
3 4 (3.20%) Serverless
4 3 (2.40%) Azure Data Factory
4 3 (2.40%) Azure DevOps
4 3 (2.40%) Azure Functions
4 3 (2.40%) Azure Key Vault
4 3 (2.40%) Azure Monitor
4 3 (2.40%) Azure Service Bus
4 3 (2.40%) NuGet
5 2 (1.60%) GCP
5 2 (1.60%) Virtual Private Cloud
6 1 (0.80%) Amazon EMR
6 1 (0.80%) Amazon SQS
6 1 (0.80%) GitHub Actions
6 1 (0.80%) Nutanix
6 1 (0.80%) PaaS
Communications & Networking
1 11 (8.80%) Firewall
2 5 (4.00%) Network Security
3 4 (3.20%) InfiniBand
4 2 (1.60%) FIX Connectivity
4 2 (1.60%) Multicast
4 2 (1.60%) TCP/IP
4 2 (1.60%) VPN
5 1 (0.80%) BGP
5 1 (0.80%) DHCP
5 1 (0.80%) DMZ
5 1 (0.80%) DNS
5 1 (0.80%) HTTP
5 1 (0.80%) IPsec
5 1 (0.80%) OSPF
5 1 (0.80%) SD-WAN
5 1 (0.80%) Software-Defined Networking
5 1 (0.80%) VLAN
5 1 (0.80%) WAN
5 1 (0.80%) Wireless
5 1 (0.80%) Wireshark
Database & Business Intelligence
1 28 (22.40%) KDB
2 5 (4.00%) Big Data
3 4 (3.20%) Hadoop
3 4 (3.20%) NoSQL
3 4 (3.20%) Relational Database
4 3 (2.40%) Elasticsearch
5 2 (1.60%) MongoDB
5 2 (1.60%) PostgreSQL
6 1 (0.80%) Amazon Aurora
6 1 (0.80%) Amazon Redshift
6 1 (0.80%) Apache Hive
6 1 (0.80%) Hazelcast
6 1 (0.80%) HBase
6 1 (0.80%) Kdb+
6 1 (0.80%) MySQL
6 1 (0.80%) RDBMS
6 1 (0.80%) Tick Data
Development Applications
1 3 (2.40%) Cypress.io
1 3 (2.40%) JIRA
1 3 (2.40%) SonarQube
2 2 (1.60%) Git
2 2 (1.60%) Jenkins
3 1 (0.80%) Bitbucket
3 1 (0.80%) Gradle
3 1 (0.80%) IntelliJ
3 1 (0.80%) TeamCity
General
1 63 (50.40%) Finance
2 32 (25.60%) Banking
3 26 (20.80%) Front Office
4 19 (15.20%) Social Skills
5 16 (12.80%) Investment Banking
6 6 (4.80%) Inclusion and Diversity
7 5 (4.00%) Analytical Skills
8 4 (3.20%) Manufacturing
9 1 (0.80%) Back Office
9 1 (0.80%) Financial Institution
9 1 (0.80%) Games
9 1 (0.80%) Presentation Skills
Job Titles
1 76 (60.80%) Developer
2 44 (35.20%) Java Developer
3 30 (24.00%) Senior
4 22 (17.60%) Senior Developer
5 16 (12.80%) Senior Java Developer
6 15 (12.00%) Network Engineer
7 12 (9.60%) Low Latency Java Developer
8 11 (8.80%) C++ Developer
9 10 (8.00%) Software Engineer
10 8 (6.40%) Low Latency C++ Developer
11 7 (5.60%) Java Engineer
11 7 (5.60%) Senior Network Engineer
12 6 (4.80%) Electronic Trading Developer
12 6 (4.80%) Java Software Engineer
13 5 (4.00%) Cisco Engineer
13 5 (4.00%) Cisco Network Engineer
13 5 (4.00%) Electronic Trading Java Developer
14 3 (2.40%) Exchange Support
14 3 (2.40%) Full Stack Developer
14 3 (2.40%) Pricing Developer
Libraries, Frameworks & Software Standards
1 33 (26.40%) FIX Protocol
2 13 (10.40%) React
3 11 (8.80%) .NET
4 8 (6.40%) Kafka
5 7 (5.60%) Rendezvous
6 6 (4.80%) .NET Core
6 6 (4.80%) Middleware
7 4 (3.20%) Elastic Stack
7 4 (3.20%) HTML
7 4 (3.20%) HTML5
7 4 (3.20%) Spring
7 4 (3.20%) Ultra Messaging
7 4 (3.20%) XML
8 3 (2.40%) .NET Framework
8 3 (2.40%) AngularJS
8 3 (2.40%) WPF
9 2 (1.60%) Node.js
10 1 (0.80%) Reactive Extensions
10 1 (0.80%) REST
10 1 (0.80%) WebSockets
Miscellaneous
1 38 (30.40%) Foreign Exchange (FX)
2 20 (16.00%) Derivative
2 20 (16.00%) Fixed Income
3 17 (13.60%) Distributed Systems
4 15 (12.00%) Algorithms
5 11 (8.80%) Self-Motivation
6 8 (6.40%) Equity Derivative
6 8 (6.40%) Hedge funds
7 7 (5.60%) Cloud Native
7 7 (5.60%) Equities
8 6 (4.80%) Data Protection Act
9 5 (4.00%) Data Structures
9 5 (4.00%) Greenfield Project
10 4 (3.20%) Management Information System
11 3 (2.40%) Data Centre
12 2 (1.60%) Enterprise Software
12 2 (1.60%) Market Risk
13 1 (0.80%) Blockchain
13 1 (0.80%) PKI
13 1 (0.80%) Private Cloud
Operating Systems
1 20 (16.00%) Linux
2 12 (9.60%) Unix
3 1 (0.80%) Red Hat Enterprise Linux
3 1 (0.80%) Windows
Processes & Methodologies
1 54 (43.20%) Electronic Trading
2 38 (30.40%) Agile
3 35 (28.00%) Algorithmic Trading
4 28 (22.40%) Multithreading
5 26 (20.80%) Test Automation
6 23 (18.40%) Analytics
7 21 (16.80%) E-Commerce
8 19 (15.20%) Continuous Integration
8 19 (15.20%) User Acceptance Testing
9 17 (13.60%) Multithreaded Programming
10 16 (12.80%) Computer Science
10 16 (12.80%) High Availability
11 13 (10.40%) Software Engineering
12 12 (9.60%) Incident Management
12 12 (9.60%) OO
13 11 (8.80%) Problem-Solving
14 10 (8.00%) Change Management
14 10 (8.00%) DevOps
14 10 (8.00%) Fintech
14 10 (8.00%) SDLC
Programming Languages
1 59 (47.20%) Java
2 22 (17.60%) Python
3 19 (15.20%) C++
4 13 (10.40%) C#
5 9 (7.20%) Perl
6 8 (6.40%) SQL
7 6 (4.80%) JavaScript
8 4 (3.20%) Bash
8 4 (3.20%) Scala
9 3 (2.40%) PowerShell
10 2 (1.60%) PHP
10 2 (1.60%) TypeScript
11 1 (0.80%) Jython
11 1 (0.80%) Kotlin
11 1 (0.80%) Ruby
11 1 (0.80%) Shell Script
11 1 (0.80%) Solidity
Qualifications
1 22 (17.60%) Cisco Certification
2 18 (14.40%) CCNA
3 14 (11.20%) Degree
4 9 (7.20%) CCNP
5 6 (4.80%) Computer Science Degree
6 4 (3.20%) CCIE
7 3 (2.40%) DV Cleared
7 3 (2.40%) Security Cleared
8 2 (1.60%) Master's Degree
9 1 (0.80%) AWS Certification
9 1 (0.80%) CISM
9 1 (0.80%) CISSP
9 1 (0.80%) Numerate Degree
Quality Assurance & Compliance
1 2 (1.60%) ISO/IEC 27001
2 1 (0.80%) GDPR
System Software
1 4 (3.20%) Docker
2 2 (1.60%) Virtual Machines
3 1 (0.80%) HDFS
Systems Management
1 11 (8.80%) ITRS Geneos
2 5 (4.00%) Ansible
2 5 (4.00%) Kubernetes
3 2 (1.60%) Terraform
4 1 (0.80%) FortiGate
4 1 (0.80%) Grafana
4 1 (0.80%) Hadoop YARN
4 1 (0.80%) Oozie
Vendors
1 25 (20.00%) ION Trading
2 24 (19.20%) Cisco
3 14 (11.20%) Solace
4 10 (8.00%) TIBCO
5 9 (7.20%) Fortinet
6 8 (6.40%) Arista
6 8 (6.40%) CheckPoint
6 8 (6.40%) F5
7 5 (4.00%) Palo Alto
8 4 (3.20%) Bloomberg
8 4 (3.20%) Riverbed
8 4 (3.20%) SolarWinds
8 4 (3.20%) Tradeweb
9 3 (2.40%) Microsoft
9 3 (2.40%) ServiceNow
10 2 (1.60%) BT
10 2 (1.60%) Radianz
10 2 (1.60%) Red Hat
10 2 (1.60%) Refinitiv
10 2 (1.60%) Reuters