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

6 months to
29 Apr 2024
Same period 2023 Same period 2022
Rank 265 144 223
Rank change year-on-year -121 +79 -73
Contract jobs citing Low Latency 130 497 515
As % of all contract jobs advertised in London 0.73% 1.84% 1.32%
As % of the Processes & Methodologies category 0.82% 2.02% 1.43%
Number of daily rates quoted 111 418 415
10th Percentile £550 £575 £555
25th Percentile £635 £625 £675
Median daily rate (50th Percentile) £751 £750 £775
Median % change year-on-year +0.07% -3.23% +14.81%
75th Percentile £900 £863 £850
90th Percentile £1,031 £950 £900
England median daily rate £750 £750 £750
% change year-on-year - - +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 15,787 24,631 35,904
As % of all contract IT jobs advertised in London 88.49% 91.12% 92.25%
Number of daily rates quoted 11,315 17,709 26,172
10th Percentile £338 £375 £390
25th Percentile £450 £475 £475
Median daily rate (50th Percentile) £550 £590 £575
Median % change year-on-year -6.78% +2.61% +9.52%
75th Percentile £675 £700 £688
90th Percentile £800 £800 £775
England median daily rate £525 £550 £538
% change year-on-year -4.55% +2.33% +9.14%
Number of hourly rates quoted 325 278 427
10th Percentile £16.00 £18.59 £17.25
25th Percentile £20.00 £22.53 £23.91
Median hourly rate £28.50 £38.13 £36.00
Median % change year-on-year -25.25% +5.90% +10.87%
75th Percentile £46.86 £62.64 £51.00
90th Percentile £66.30 £76.78 £67.75
England median hourly rate £35.83 £37.50 £24.48
% change year-on-year -4.45% +53.20% +1.99%

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 29 April 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 29 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
Central London -42 16 £838 +8.06% 9
East London - 3 £700 -
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 (3.85%) Apache Spark
2 2 (1.54%) Apache
2 2 (1.54%) SharePoint
3 1 (0.77%) Ethereum
3 1 (0.77%) Hyperledger
3 1 (0.77%) MQSeries
3 1 (0.77%) SAS
Applications
1 2 (1.54%) Microsoft Excel
1 2 (1.54%) Microsoft PowerPoint
1 2 (1.54%) Microsoft Project
1 2 (1.54%) MS Visio
Business Applications
1 8 (6.15%) ION MarketView
2 2 (1.54%) Fidessa
2 2 (1.54%) RMDS
Cloud Services
1 8 (6.15%) AWS
2 6 (4.62%) Azure
3 5 (3.85%) Cloud Computing
4 4 (3.08%) GitHub
4 4 (3.08%) OpenShift
4 4 (3.08%) Serverless
5 3 (2.31%) Azure Data Factory
5 3 (2.31%) Azure DevOps
5 3 (2.31%) Azure Functions
5 3 (2.31%) Azure Key Vault
5 3 (2.31%) Azure Monitor
5 3 (2.31%) Azure Service Bus
5 3 (2.31%) NuGet
6 2 (1.54%) GCP
6 2 (1.54%) Virtual Private Cloud
7 1 (0.77%) Amazon EMR
7 1 (0.77%) Amazon MSK
7 1 (0.77%) Cloudflare
7 1 (0.77%) GitHub Actions
7 1 (0.77%) Nutanix
Communications & Networking
1 10 (7.69%) Firewall
2 6 (4.62%) Network Security
3 5 (3.85%) InfiniBand
4 3 (2.31%) VPN
5 2 (1.54%) DMZ
5 2 (1.54%) FIX Connectivity
5 2 (1.54%) IPsec
5 2 (1.54%) TCP/IP
5 2 (1.54%) Wireshark
6 1 (0.77%) BGP
6 1 (0.77%) DHCP
6 1 (0.77%) DNS
6 1 (0.77%) Multicast
6 1 (0.77%) OSPF
6 1 (0.77%) SD-WAN
6 1 (0.77%) Software-Defined Networking
6 1 (0.77%) Unicast
6 1 (0.77%) VLAN
6 1 (0.77%) WAN
6 1 (0.77%) Wireless
Database & Business Intelligence
1 25 (19.23%) KDB
2 6 (4.62%) NoSQL
3 5 (3.85%) Big Data
4 4 (3.08%) Hadoop
4 4 (3.08%) MongoDB
4 4 (3.08%) Relational Database
5 3 (2.31%) Elasticsearch
5 3 (2.31%) Hazelcast
6 1 (0.77%) Amazon Aurora
6 1 (0.77%) Amazon Redshift
6 1 (0.77%) Apache Hive
6 1 (0.77%) GIS
6 1 (0.77%) HBase
6 1 (0.77%) Kdb+
6 1 (0.77%) MySQL
6 1 (0.77%) PostgreSQL
6 1 (0.77%) RDBMS
6 1 (0.77%) Tick Data
Development Applications
1 3 (2.31%) Cypress.io
1 3 (2.31%) JIRA
1 3 (2.31%) SonarQube
2 2 (1.54%) Git
2 2 (1.54%) Jenkins
3 1 (0.77%) Bitbucket
3 1 (0.77%) Gradle
3 1 (0.77%) IntelliJ
3 1 (0.77%) TeamCity
General
1 67 (51.54%) Finance
2 35 (26.92%) Banking
3 24 (18.46%) Front Office
4 23 (17.69%) Investment Banking
5 18 (13.85%) Social Skills
6 7 (5.38%) Analytical Skills
7 5 (3.85%) Inclusion and Diversity
7 5 (3.85%) Manufacturing
8 1 (0.77%) Back Office
8 1 (0.77%) Financial Institution
8 1 (0.77%) Games
8 1 (0.77%) Presentation Skills
8 1 (0.77%) Public Sector
Job Titles
1 72 (55.38%) Developer
2 38 (29.23%) Java Developer
3 28 (21.54%) Senior
4 17 (13.08%) Senior Developer
5 15 (11.54%) Network Engineer
6 13 (10.00%) C++ Developer
7 12 (9.23%) Low Latency Java Developer
7 12 (9.23%) Senior Java Developer
8 10 (7.69%) Senior Network Engineer
8 10 (7.69%) Software Engineer
9 9 (6.92%) Low Latency C++ Developer
10 7 (5.38%) Java Engineer
11 6 (4.62%) Exchange Support
11 6 (4.62%) Java Software Engineer
12 5 (3.85%) Electronic Trading Developer
13 4 (3.08%) Electronic Trading Java Developer
14 3 (2.31%) Architect
14 3 (2.31%) C# Developer
14 3 (2.31%) Cisco Engineer
14 3 (2.31%) Front Office Developer
Libraries, Frameworks & Software Standards
1 40 (30.77%) FIX Protocol
2 11 (8.46%) .NET
2 11 (8.46%) React
3 8 (6.15%) Kafka
4 7 (5.38%) Rendezvous
5 6 (4.62%) .NET Core
5 6 (4.62%) Middleware
6 4 (3.08%) Elastic Stack
6 4 (3.08%) HTML
6 4 (3.08%) HTML5
6 4 (3.08%) Spring
6 4 (3.08%) Ultra Messaging
6 4 (3.08%) XML
7 3 (2.31%) .NET Framework
7 3 (2.31%) Guice
7 3 (2.31%) OpenFin
7 3 (2.31%) WPF
8 1 (0.77%) Blazor
8 1 (0.77%) JSON
8 1 (0.77%) Smart Contracts
Miscellaneous
1 36 (27.69%) Foreign Exchange (FX)
2 29 (22.31%) Derivative
3 19 (14.62%) Fixed Income
4 16 (12.31%) Algorithms
5 13 (10.00%) Distributed Systems
6 12 (9.23%) Self-Motivation
7 10 (7.69%) Equity Derivative
7 10 (7.69%) Hedge funds
8 7 (5.38%) Cloud Native
8 7 (5.38%) Equities
8 7 (5.38%) Greenfield Project
9 6 (4.62%) Data Protection Act
10 5 (3.85%) Data Structures
11 4 (3.08%) Data Centre
11 4 (3.08%) Management Information System
12 3 (2.31%) Distributed Computing
13 2 (1.54%) Enterprise Software
13 2 (1.54%) Market Risk
14 1 (0.77%) CCTV
14 1 (0.77%) PKI
Operating Systems
1 29 (22.31%) Linux
2 16 (12.31%) Unix
3 3 (2.31%) Windows
Processes & Methodologies
1 56 (43.08%) Electronic Trading
2 44 (33.85%) Algorithmic Trading
3 38 (29.23%) Agile
4 27 (20.77%) Analytics
5 24 (18.46%) Multithreading
6 23 (17.69%) High Availability
6 23 (17.69%) Test Automation
7 19 (14.62%) Incident Management
8 17 (13.08%) Change Management
8 17 (13.08%) E-Commerce
9 16 (12.31%) User Acceptance Testing
10 15 (11.54%) Capacity Management
10 15 (11.54%) Computer Science
10 15 (11.54%) Continuous Integration
11 14 (10.77%) Software Engineering
12 13 (10.00%) Multithreaded Programming
13 12 (9.23%) OO
13 12 (9.23%) SDLC
14 11 (8.46%) DevOps
14 11 (8.46%) Problem-Solving
Programming Languages
1 53 (40.77%) Java
2 22 (16.92%) Python
3 20 (15.38%) C++
4 13 (10.00%) C#
5 10 (7.69%) SQL
6 9 (6.92%) Perl
7 8 (6.15%) JavaScript
8 4 (3.08%) Bash
9 3 (2.31%) PowerShell
9 3 (2.31%) Shell Script
10 2 (1.54%) PHP
10 2 (1.54%) Scala
10 2 (1.54%) TypeScript
11 1 (0.77%) Jython
11 1 (0.77%) Ruby
11 1 (0.77%) Solidity
Qualifications
1 20 (15.38%) Cisco Certification
2 15 (11.54%) CCNA
3 13 (10.00%) Degree
4 6 (4.62%) CCNP
5 5 (3.85%) Computer Science Degree
6 4 (3.08%) CCIE
7 3 (2.31%) DV Cleared
7 3 (2.31%) Security Cleared
8 1 (0.77%) AWS Certification
8 1 (0.77%) CISM
8 1 (0.77%) CISSP
8 1 (0.77%) Master's Degree
8 1 (0.77%) Numerate Degree
Quality Assurance & Compliance
1 2 (1.54%) ISO/IEC 27001
2 1 (0.77%) GDPR
System Software
1 4 (3.08%) Docker
2 2 (1.54%) Virtual Machines
3 1 (0.77%) HDFS
Systems Management
1 15 (11.54%) ITRS Geneos
2 5 (3.85%) Ansible
2 5 (3.85%) Kubernetes
3 2 (1.54%) Terraform
4 1 (0.77%) FortiGate
4 1 (0.77%) Grafana
4 1 (0.77%) Hadoop YARN
4 1 (0.77%) Oozie
Vendors
1 23 (17.69%) Cisco
2 19 (14.62%) ION Trading
3 14 (10.77%) Solace
4 10 (7.69%) TIBCO
5 7 (5.38%) Fortinet
6 6 (4.62%) Arista
7 5 (3.85%) CheckPoint
7 5 (3.85%) F5
8 4 (3.08%) Bloomberg
8 4 (3.08%) Google
8 4 (3.08%) SolarWinds
9 3 (2.31%) Microsoft
9 3 (2.31%) ServiceNow
9 3 (2.31%) Tradeweb
10 2 (1.54%) BT
10 2 (1.54%) MarketAxess
10 2 (1.54%) Palo Alto
10 2 (1.54%) Radianz
10 2 (1.54%) Refinitiv
10 2 (1.54%) Reuters