The table below looks at the statistics for Ultra-Low Latency skills in IT contracts advertised for the England region. Included is a guide to the contractor rates offered in IT contracts that have cited Ultra-Low Latency over the 3 months to 26 July 2016 with a comparison to the same period over the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

3 months to
26 Jul 2016
Same period 2015 Same period 2014
Ultra-Low Latency
Rank 627 606 567
Rank change year-on-year
-21 -39
Contract jobs citing Ultra-Low Latency 1 8 25
As % of all contract IT jobs located in England 0.002% 0.016% 0.051%
As % of the Processes & Methodologies category 0.002% 0.019% 0.065%
Number of daily rates quoted 1 8 17
Median daily rate £500 £700 £550
Median daily rate % change year-on-year
-28.57% +27.27%
UK excluding London median daily rate - £625 £350
% change year-on-year
- +78.57%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Ultra-Low Latency
UK

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the England region.

Processes & Methodologies Category
England
Contract IT job ads with a match in the
Processes & Methodologies category
41414 41262 38397
As % of all contract IT jobs located in England 83.03% 79.98% 78.93%
Number of daily rates quoted 27624 27289 24283
Median daily rate £450 £420 £404
Median daily rate % change year-on-year
+7.14% +4.08%
90% offered a daily rate of more than £300 £288 £275
10% offered a daily rate of more than £600 £575 £575
UK excluding London median daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 943 1073 1105
Median hourly rate £28.50 £27.50 £25.00
Median hourly rate % change year-on-year
+3.63% +10.00%
90% offered a hourly rate of more than £12.58 £12.50 £13.00
10% offered a hourly rate of more than £51.50 £52.31 £45.00
UK excluding London median hourly rate £30.00 £30.50 £26.98
% change year-on-year
-1.63% +13.06%

Ultra-Low Latency
Jobs Demand Trend in England

The demand trend of contract jobs across the England region citing Ultra-Low Latency as a proportion of all IT contracts with a match in the Processes & Methodologies category.

Ultra-Low Latency Jobs Demand Trend in England

Ultra-Low Latency
Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Ultra-Low Latency across the England region.

Ultra-Low Latency Daily Rate Trend in England

Ultra-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 Ultra-Low Latency within the England region over the 3 months to 26 July 2016. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -9 1 £500 -28.57% 6
Ultra-Low Latency
UK

Ultra-Low Latency
Top 30 Related IT Skills in England

For the 6 months to 26 July 2016, IT contractor jobs citing Ultra-Low Latency also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the England region with a requirement for Ultra-Low Latency.

1 12 (100.00%) Foreign Exchange (FX)
1 12 (100.00%) Low Latency
2 9 (75.00%) Banking
3 8 (66.67%) Electronic Trading
4 7 (58.33%) Front Office
5 6 (50.00%) Finance
5 6 (50.00%) Java
6 5 (41.67%) Investment Banking
6 5 (41.67%) Multithreading
6 5 (41.67%) Code Optimisation
7 4 (33.33%) Fintech
7 4 (33.33%) ITRS Geneos
7 4 (33.33%) DevOps
7 4 (33.33%) Market Making
7 4 (33.33%) KDB
7 4 (33.33%) Algorithmic Trading
7 4 (33.33%) Splunk
7 4 (33.33%) Data Management
7 4 (33.33%) Perl
7 4 (33.33%) Unix
7 4 (33.33%) Python
8 2 (16.67%) Fixed Income
9 1 (8.33%) Equities
9 1 (8.33%) C++
9 1 (8.33%) Code Coverage
9 1 (8.33%) Benchmarking
9 1 (8.33%) E-Commerce
9 1 (8.33%) LAN
9 1 (8.33%) WAN
9 1 (8.33%) NGN

Ultra-Low Latency
Top Related IT Skills in England by Category

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

Communications & Networking
1 1 (8.33%) LAN
1 1 (8.33%) NGN
1 1 (8.33%) WAN
Database & Business Intelligence
1 4 (33.33%) KDB
General
1 9 (75.00%) Banking
2 7 (58.33%) Front Office
3 6 (50.00%) Finance
4 5 (41.67%) Investment Banking
Job Titles
1 6 (50.00%) Developer
1 6 (50.00%) Java Developer
2 5 (41.67%) Electronic Trading Developer
2 5 (41.67%) Electronic Trading Java Developer
2 5 (41.67%) Investment Banking Java Developer
2 5 (41.67%) Low Latency Java Developer
3 4 (33.33%) Analyst
3 4 (33.33%) Banking Analyst
3 4 (33.33%) FX Support Analyst
3 4 (33.33%) Support Analyst
3 4 (33.33%) Unix Analyst
3 4 (33.33%) Unix Support
3 4 (33.33%) Unix Support Analyst
4 1 (8.33%) Consultant
4 1 (8.33%) Linux/Unix DevOps
4 1 (8.33%) Network Consultant
Libraries, Frameworks & Software Standards
1 1 (8.33%) FIX Protocol
Miscellaneous
1 12 (100.00%) Foreign Exchange (FX)
2 4 (33.33%) Fintech
3 2 (16.67%) Fixed Income
4 1 (8.33%) Equities
4 1 (8.33%) Hedge funds
Operating Systems
1 4 (33.33%) Unix
Processes & Methodologies
1 12 (100.00%) Low Latency
2 8 (66.67%) Electronic Trading
3 5 (41.67%) Code Optimisation
3 5 (41.67%) Multithreading
4 4 (33.33%) Algorithmic Trading
4 4 (33.33%) Data Management
4 4 (33.33%) DevOps
4 4 (33.33%) Market Making
5 1 (8.33%) Benchmarking
5 1 (8.33%) Code Coverage
5 1 (8.33%) E-Commerce
5 1 (8.33%) Infrastructure Monitoring
5 1 (8.33%) Unit Testing
Programming Languages
1 6 (50.00%) Java
2 4 (33.33%) Perl
2 4 (33.33%) Python
3 1 (8.33%) C++
Qualifications
1 1 (8.33%) Degree
Systems Management
1 4 (33.33%) ITRS Geneos
Vendors
1 4 (33.33%) Splunk
Cambridge, Cambridgeshire
Oho Group Ltd.
Rate: £350 - £450 per annum
Posted: 1 hour ago