The table below looks at the statistics for Ultra-Low Latency skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Ultra-Low Latency over the 3 months to 30 May 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
30 May 2016
Same period 2015 Same period 2014
Ultra-Low Latency
Rank 638 602 600
Rank change year-on-year
-36 -2
Contract jobs citing Ultra-Low Latency 6 21 18
As % of all contract IT jobs located in the UK 0.011% 0.038% 0.033%
As % of the Processes & Methodologies category 0.014% 0.048% 0.043%
Number of daily rates quoted 6 18 15
Median daily rate £588 £663 £625
Median daily rate % change year-on-year
-11.32% +6.00%
90% offered a daily rate of more than £463 £295 £410
10% offered a daily rate of more than £675 £725 £700
UK excluding London median daily rate - £295 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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

Processes & Methodologies Category
UK
Contract IT job ads with a match in the
Processes & Methodologies category
43957 43706 42107
As % of all contract IT jobs located in the UK 81.92% 79.33% 77.60%
Number of daily rates quoted 29196 27767 26626
Median daily rate £438 £413 £400
Median daily rate % change year-on-year
+6.06% +3.12%
90% offered a daily rate of more than £300 £280 £275
10% offered a daily rate of more than £600 £575 £550
UK excluding London median daily rate £400 £385 £375
% change year-on-year
+3.89% +2.66%
Number of hourly rates quoted 1024 1244 1239
Median hourly rate £28.50 £29.00 £27.50
Median hourly rate % change year-on-year
-1.72% +5.45%
90% offered a hourly rate of more than £12.83 £12.36 £12.80
10% offered a hourly rate of more than £47.50 £47.83 £50.00
UK excluding London median hourly rate £32.50 £30.00 £30.00
% change year-on-year
+8.33% -

Ultra-Low Latency
Jobs Demand Trend

The demand trend of contract jobs 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 the UK

Ultra-Low Latency
Daily Rate Trend

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

Ultra-Low Latency Daily Rate Trend in the UK

Ultra-Low Latency
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Ultra-Low Latency within the UK over the 3 months to 30 May 2016.

Ultra-Low Latency Daily Rate Histogram in the UK

Ultra-Low Latency
Top 3 Contract Locations

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 UK over the 3 months to 30 May 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
England -8 6 £588 -11.32% 6
London -9 6 £588 -12.96% 3
City of London +43 1 £500 -20.00% 3

Ultra-Low Latency
Top 30 Related IT Skills

For the 6 months to 30 May 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 with a requirement for Ultra-Low Latency.

1 33 (100.00%) Low Latency
2 25 (75.76%) Foreign Exchange (FX)
3 19 (57.58%) Finance
4 18 (54.55%) Banking
5 15 (45.45%) Unix
5 15 (45.45%) Algorithmic Trading
6 14 (42.42%) Java
7 13 (39.39%) Front Office
7 13 (39.39%) Python
8 12 (36.36%) Perl
8 12 (36.36%) Data Management
8 12 (36.36%) KDB
8 12 (36.36%) Splunk
8 12 (36.36%) ITRS Geneos
8 12 (36.36%) DevOps
8 12 (36.36%) Market Making
8 12 (36.36%) Fintech
9 11 (33.33%) Electronic Trading
10 8 (24.24%) Multithreading
11 7 (21.21%) Fixed Income
12 6 (18.18%) Equities
12 6 (18.18%) Investment Banking
12 6 (18.18%) Code Optimisation
13 5 (15.15%) Spring
14 4 (12.12%) Agile Software Development
14 4 (12.12%) TCP/IP
14 4 (12.12%) Linux
15 3 (9.09%) Tomcat
15 3 (9.09%) E-Commerce
15 3 (9.09%) JMS

Ultra-Low Latency
Top Related IT Skills 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:

Application Platforms
1 3 (9.09%) Tomcat
Communications & Networking
1 4 (12.12%) TCP/IP
2 2 (6.06%) BGP
2 2 (6.06%) DHCP
2 2 (6.06%) DNS
2 2 (6.06%) EIGRP
2 2 (6.06%) F5 BIG-IP GTM
2 2 (6.06%) F5 BIG-IP LTM
2 2 (6.06%) Firewall
2 2 (6.06%) HSRP
2 2 (6.06%) IPsec
2 2 (6.06%) Multicast
2 2 (6.06%) OSPF
2 2 (6.06%) Spanning Tree
2 2 (6.06%) VRRP
3 1 (3.03%) HTTP
3 1 (3.03%) LAN
3 1 (3.03%) NGN
3 1 (3.03%) WAN
Database & Business Intelligence
1 12 (36.36%) KDB
2 1 (3.03%) Tick Data
Development Applications
1 2 (6.06%) Atlassian Bamboo
1 2 (6.06%) Git (software)
1 2 (6.06%) Maven
General
1 19 (57.58%) Finance
2 18 (54.55%) Banking
3 13 (39.39%) Front Office
4 6 (18.18%) Investment Banking
5 1 (3.03%) Legal
Job Titles
1 16 (48.48%) Developer
2 14 (42.42%) Java Developer
3 12 (36.36%) Analyst
3 12 (36.36%) Banking Analyst
3 12 (36.36%) Unix Analyst
4 11 (33.33%) FX Support Analyst
4 11 (33.33%) Support Analyst
4 11 (33.33%) Unix Support
4 11 (33.33%) Unix Support Analyst
5 6 (18.18%) Electronic Trading Developer
6 5 (15.15%) Electronic Trading Java Developer
6 5 (15.15%) Investment Banking Java Developer
6 5 (15.15%) Linux/Unix DevOps
6 5 (15.15%) Low Latency Java Developer
7 3 (9.09%) Operational Support Analyst
7 3 (9.09%) Operations Analyst
7 3 (9.09%) Operations Support Analyst
7 3 (9.09%) Senior Developer
7 3 (9.09%) Senior Java Developer
8 2 (6.06%) Front Office Developer
Libraries, Frameworks & Software Standards
1 5 (15.15%) Spring
2 3 (9.09%) FIX Protocol
2 3 (9.09%) JMS
3 2 (6.06%) ActiveMQ
3 2 (6.06%) Akka
3 2 (6.06%) AngularJS
3 2 (6.06%) Hibernate
3 2 (6.06%) J2EE
3 2 (6.06%) RabbitMQ
3 2 (6.06%) REST
4 1 (3.03%) Apache Camel
4 1 (3.03%) Drools
4 1 (3.03%) SOAP
4 1 (3.03%) Web Services
4 1 (3.03%) XML
Miscellaneous
1 25 (75.76%) Foreign Exchange (FX)
2 12 (36.36%) Fintech
3 7 (21.21%) Fixed Income
4 6 (18.18%) Equities
5 2 (6.06%) Computer Science
5 2 (6.06%) Derivative
5 2 (6.06%) Equity Derivative
5 2 (6.06%) Hedge funds
Operating Systems
1 15 (45.45%) Unix
2 4 (12.12%) Linux
3 3 (9.09%) Windows
4 1 (3.03%) Solaris
4 1 (3.03%) SUSE
Processes & Methodologies
1 33 (100.00%) Low Latency
2 15 (45.45%) Algorithmic Trading
3 12 (36.36%) Data Management
3 12 (36.36%) DevOps
3 12 (36.36%) Market Making
4 11 (33.33%) Electronic Trading
5 8 (24.24%) Multithreading
6 6 (18.18%) Code Optimisation
7 4 (12.12%) Agile Software Development
8 3 (9.09%) E-Commerce
8 3 (9.09%) Unit Testing
9 2 (6.06%) BDD
9 2 (6.06%) Change Management
9 2 (6.06%) Concurrent Programming
9 2 (6.06%) Microservices
9 2 (6.06%) Scrum
9 2 (6.06%) Security Architecture
9 2 (6.06%) Systems Analysis
9 2 (6.06%) TDD
9 2 (6.06%) Waterfall
Programming Languages
1 14 (42.42%) Java
2 13 (39.39%) Python
3 12 (36.36%) Perl
4 3 (9.09%) C++
4 3 (9.09%) JavaScript
5 2 (6.06%) Scala
5 2 (6.06%) SQL
6 1 (3.03%) Bash Shell
6 1 (3.03%) Korn
Qualifications
1 3 (9.09%) Degree
2 2 (6.06%) CCIE
2 2 (6.06%) Cisco Certification
Systems Management
1 12 (36.36%) ITRS Geneos
Vendors
1 12 (36.36%) Splunk
2 2 (6.06%) Aruba
2 2 (6.06%) Cisco
2 2 (6.06%) F5
2 2 (6.06%) Juniper
2 2 (6.06%) Palo Alto
3 1 (3.03%) Oracle
3 1 (3.03%) Remedy
3 1 (3.03%) ServiceNow
3 1 (3.03%) Solace
3 1 (3.03%) TIBCO
City, London
Quant Capital
Rate: From £400 to £500 per day
Posted: 3 days ago
City, London
Quant Capital
Rate: Up to £520 per day
Posted: 3 days ago