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 26 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
26 Apr 2024
Same period 2023 Same period 2022
Rank 405 251 316
Rank change year-on-year -154 +65 -55
Contract jobs citing Low Latency 140 540 590
As % of all contract jobs advertised in England 0.38% 1.07% 0.83%
As % of the Processes & Methodologies category 0.44% 1.18% 0.92%
Number of daily rates quoted 120 447 442
10th Percentile £525 £525 £538
25th Percentile £600 £625 £663
Median daily rate (50th Percentile) £750 £750 £750
Median % change year-on-year - - +11.11%
75th Percentile £881 £863 £832
90th Percentile £1,026 £950 £900
UK median daily rate £750 £750 £750
% change year-on-year - - +11.11%
Number of hourly rates quoted 1 0 0
Median hourly rate £83.00 - -
UK median hourly rate £83.00 - £49.54

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 32,171 45,739 64,432
As % of all contract IT jobs advertised in England 86.55% 90.26% 90.74%
Number of daily rates quoted 21,096 32,069 45,706
10th Percentile £300 £325 £330
25th Percentile £413 £444 £425
Median daily rate (50th Percentile) £525 £550 £535
Median % change year-on-year -4.55% +2.80% +9.18%
75th Percentile £650 £675 £650
90th Percentile £750 £769 £744
UK median daily rate £525 £550 £525
% change year-on-year -4.55% +4.76% +8.25%
Number of hourly rates quoted 2,236 1,617 1,773
10th Percentile £12.89 £11.00 £12.50
25th Percentile £16.00 £16.38 £15.25
Median hourly rate £35.65 £37.50 £24.00
Median % change year-on-year -4.93% +56.25% -
75th Percentile £60.00 £65.00 £49.25
90th Percentile £72.50 £75.00 £63.23
UK median hourly rate £35.00 £37.00 £25.00
% change year-on-year -5.41% +48.00% -

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 26 April 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 26 April 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 -118 127 £751 +0.07% 122
North of England +22 6 £575 +35.29% 4
North West +15 5 £575 +37.31% 4
South West - 5 £525 - 4
Midlands +26 2 £525 +16.67% 1
West Midlands +28 1 £500 +11.11% 1
Yorkshire +20 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 (4.29%) Apache Spark
2 2 (1.43%) Apache
2 2 (1.43%) Ethereum
2 2 (1.43%) SharePoint
3 1 (0.71%) Hyperledger
3 1 (0.71%) MetaMask
3 1 (0.71%) MQSeries
3 1 (0.71%) Tomcat
3 1 (0.71%) WebSphere
Applications
1 2 (1.43%) Microsoft Excel
1 2 (1.43%) Microsoft PowerPoint
1 2 (1.43%) Microsoft Project
1 2 (1.43%) MS Visio
Business Applications
1 8 (5.71%) ION MarketView
2 2 (1.43%) Fidessa
2 2 (1.43%) RMDS
Cloud Services
1 11 (7.86%) AWS
2 10 (7.14%) Azure
3 5 (3.57%) Azure Data Factory
3 5 (3.57%) Cloud Computing
3 5 (3.57%) GitHub
4 4 (2.86%) OpenShift
4 4 (2.86%) Serverless
5 3 (2.14%) Azure DevOps
5 3 (2.14%) Azure Functions
5 3 (2.14%) Azure Key Vault
5 3 (2.14%) Azure Monitor
5 3 (2.14%) Azure Service Bus
5 3 (2.14%) NuGet
5 3 (2.14%) Power Platform
6 2 (1.43%) GCP
6 2 (1.43%) Virtual Private Cloud
7 1 (0.71%) Amazon MSK
7 1 (0.71%) Cloudflare
7 1 (0.71%) GitHub Actions
7 1 (0.71%) Nutanix
Communications & Networking
1 9 (6.43%) Firewall
2 6 (4.29%) Network Security
3 5 (3.57%) InfiniBand
4 3 (2.14%) VPN
5 2 (1.43%) DMZ
5 2 (1.43%) FIX Connectivity
5 2 (1.43%) IPsec
5 2 (1.43%) TCP/IP
5 2 (1.43%) Wireshark
6 1 (0.71%) BGP
6 1 (0.71%) DNS
6 1 (0.71%) Multicast
6 1 (0.71%) OSPF
6 1 (0.71%) SAN
6 1 (0.71%) SD-WAN
6 1 (0.71%) Software-Defined Networking
6 1 (0.71%) Unicast
6 1 (0.71%) VLAN
6 1 (0.71%) WAN
6 1 (0.71%) Wireless
Database & Business Intelligence
1 23 (16.43%) KDB
2 9 (6.43%) NoSQL
3 6 (4.29%) Big Data
3 6 (4.29%) Relational Database
4 4 (2.86%) Elasticsearch
4 4 (2.86%) Hadoop
4 4 (2.86%) MongoDB
4 4 (2.86%) SQL Server
5 3 (2.14%) Hazelcast
5 3 (2.14%) Power BI
5 3 (2.14%) SQL Server Integration Services
6 2 (1.43%) Microsoft Analysis Services
6 2 (1.43%) SQL Server Analysis Services
6 2 (1.43%) Tableau
7 1 (0.71%) Amazon Aurora
7 1 (0.71%) Apache Cassandra
7 1 (0.71%) Apache Hive
7 1 (0.71%) HBase
7 1 (0.71%) Kdb+
7 1 (0.71%) Redis
Development Applications
1 4 (2.86%) Git
2 3 (2.14%) Cypress.io
2 3 (2.14%) Jenkins
2 3 (2.14%) SonarQube
3 2 (1.43%) JIRA
4 1 (0.71%) GitLab
4 1 (0.71%) JUnit
4 1 (0.71%) Maven
4 1 (0.71%) Visual Studio Code
General
1 69 (49.29%) Finance
2 38 (27.14%) Banking
3 23 (16.43%) Front Office
3 23 (16.43%) Investment Banking
4 19 (13.57%) Social Skills
5 10 (7.14%) Analytical Skills
6 5 (3.57%) Inclusion and Diversity
6 5 (3.57%) Manufacturing
7 2 (1.43%) Telecoms
8 1 (0.71%) Back Office
8 1 (0.71%) Financial Institution
8 1 (0.71%) Games
8 1 (0.71%) Presentation Skills
8 1 (0.71%) Public Sector
Job Titles
1 77 (55.00%) Developer
2 41 (29.29%) Java Developer
3 30 (21.43%) Senior
4 19 (13.57%) Senior Developer
5 14 (10.00%) Network Engineer
5 14 (10.00%) Senior Java Developer
6 13 (9.29%) C++ Developer
7 11 (7.86%) Low Latency Java Developer
7 11 (7.86%) Software Engineer
8 10 (7.14%) Senior Network Engineer
9 9 (6.43%) Low Latency C++ Developer
10 7 (5.00%) Java Engineer
11 6 (4.29%) Exchange Support
11 6 (4.29%) Java Software Engineer
12 4 (2.86%) Data Engineer
12 4 (2.86%) Electronic Trading Developer
12 4 (2.86%) Python Developer
13 3 (2.14%) Cisco Engineer
13 3 (2.14%) Cisco Network Engineer
13 3 (2.14%) Front Office Developer
Libraries, Frameworks & Software Standards
1 39 (27.86%) FIX Protocol
2 11 (7.86%) .NET
2 11 (7.86%) Kafka
2 11 (7.86%) React
3 7 (5.00%) Spring
4 6 (4.29%) .NET Core
4 6 (4.29%) Rendezvous
5 5 (3.57%) HTML
5 5 (3.57%) HTML5
5 5 (3.57%) Middleware
6 4 (2.86%) Elastic Stack
6 4 (2.86%) Ultra Messaging
7 3 (2.14%) .NET Framework
7 3 (2.14%) Guice
7 3 (2.14%) OpenFin
7 3 (2.14%) WPF
7 3 (2.14%) XML
8 2 (1.43%) Smart Contracts
8 2 (1.43%) Spring Boot
9 1 (0.71%) Spark Streaming
Miscellaneous
1 35 (25.00%) Foreign Exchange (FX)
2 30 (21.43%) Derivative
3 18 (12.86%) Fixed Income
4 17 (12.14%) Algorithms
5 14 (10.00%) Distributed Systems
6 13 (9.29%) Self-Motivation
7 10 (7.14%) Equity Derivative
7 10 (7.14%) Hedge funds
8 9 (6.43%) Data Structures
9 7 (5.00%) Cloud Native
9 7 (5.00%) Data Protection Act
9 7 (5.00%) Equities
9 7 (5.00%) Greenfield Project
10 4 (2.86%) Data Centre
11 3 (2.14%) Distributed Computing
11 3 (2.14%) Management Information System
12 2 (1.43%) Blockchain
12 2 (1.43%) Market Risk
13 1 (0.71%) CCTV
13 1 (0.71%) PKI
Operating Systems
1 31 (22.14%) Linux
2 17 (12.14%) Unix
3 3 (2.14%) Windows
Processes & Methodologies
1 54 (38.57%) Electronic Trading
2 43 (30.71%) Algorithmic Trading
3 38 (27.14%) Agile
4 29 (20.71%) Analytics
5 27 (19.29%) Multithreading
6 25 (17.86%) High Availability
7 22 (15.71%) Test Automation
8 18 (12.86%) Incident Management
9 17 (12.14%) Change Management
9 17 (12.14%) Continuous Integration
10 16 (11.43%) E-Commerce
10 16 (11.43%) User Acceptance Testing
11 15 (10.71%) Capacity Management
11 15 (10.71%) Computer Science
11 15 (10.71%) Software Engineering
12 14 (10.00%) Microservices
12 14 (10.00%) Multithreaded Programming
13 13 (9.29%) Problem-Solving
14 12 (8.57%) DevOps
14 12 (8.57%) OO
Programming Languages
1 57 (40.71%) Java
2 25 (17.86%) Python
3 20 (14.29%) C++
4 13 (9.29%) C#
5 12 (8.57%) SQL
6 9 (6.43%) JavaScript
6 9 (6.43%) Perl
7 5 (3.57%) Bash
8 3 (2.14%) PowerShell
8 3 (2.14%) Shell Script
9 2 (1.43%) PHP
9 2 (1.43%) Scala
9 2 (1.43%) Solidity
9 2 (1.43%) T-SQL
9 2 (1.43%) TypeScript
10 1 (0.71%) Jython
10 1 (0.71%) Ruby
Qualifications
1 19 (13.57%) Cisco Certification
2 15 (10.71%) CCNA
2 15 (10.71%) Degree
3 6 (4.29%) Computer Science Degree
3 6 (4.29%) DV Cleared
3 6 (4.29%) Security Cleared
4 5 (3.57%) CCNP
5 3 (2.14%) CCIE
5 3 (2.14%) SC Cleared
6 1 (0.71%) AWS Certification
6 1 (0.71%) CISM
6 1 (0.71%) CISSP
6 1 (0.71%) Master's Degree
6 1 (0.71%) Numerate Degree
Quality Assurance & Compliance
1 3 (2.14%) QA
2 2 (1.43%) ISO/IEC 27001
3 1 (0.71%) GDPR
System Software
1 6 (4.29%) Docker
2 2 (1.43%) Virtual Machines
3 1 (0.71%) HDFS
Systems Management
1 15 (10.71%) ITRS Geneos
2 7 (5.00%) Kubernetes
3 4 (2.86%) Ansible
4 2 (1.43%) Terraform
5 1 (0.71%) FortiGate
5 1 (0.71%) Grafana
5 1 (0.71%) Hadoop YARN
5 1 (0.71%) Oozie
Vendors
1 22 (15.71%) Cisco
2 19 (13.57%) ION Trading
3 13 (9.29%) Solace
4 9 (6.43%) TIBCO
5 6 (4.29%) Arista
5 6 (4.29%) Fortinet
6 4 (2.86%) Bloomberg
6 4 (2.86%) CheckPoint
6 4 (2.86%) F5
6 4 (2.86%) Google
7 3 (2.14%) Microsoft
7 3 (2.14%) ServiceNow
7 3 (2.14%) SolarWinds
7 3 (2.14%) Tradeweb
8 2 (1.43%) BT
8 2 (1.43%) MarketAxess
8 2 (1.43%) Palo Alto
8 2 (1.43%) Radianz
8 2 (1.43%) Red Hat
8 2 (1.43%) Refinitiv