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 17 January 2017 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
17 Jan 2017
Same period 2016 Same period 2015
Ultra-Low Latency
UK
Rank 581 596 587
Rank change year-on-year
+15 -9
Contract jobs citing Ultra-Low Latency 14 22 25
As % of all contract IT jobs located in the UK 0.031% 0.044% 0.050%
As % of the Processes & Methodologies category 0.038% 0.054% 0.064%
Number of daily rates quoted 14 19 24
Median daily rate £600 £600 £663
Median daily rate % change year-on-year
- -9.43%
90% offered a daily rate of more than £558 £448 £641
10% offered a daily rate of more than £675 £675 £725
UK excluding London median daily rate - - -
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
36798 40775 39191
As % of all contract IT jobs located in the UK 82.20% 81.72% 78.55%
Number of daily rates quoted 24365 26369 25350
Median daily rate £450 £425 £423
Median daily rate % change year-on-year
+5.88% +0.59%
90% offered a daily rate of more than £300 £293 £282
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £410 £400 £390
% change year-on-year
+2.50% +2.56%
Number of hourly rates quoted 942 1196 1044
Median hourly rate £33.00 £37.50 £25.00
Median hourly rate % change year-on-year
-12.00% +50.00%
90% offered a hourly rate of more than £12.50 £13.00 £12.00
10% offered a hourly rate of more than £50.00 £55.00 £47.50
UK excluding London median hourly rate £34.50 £39.00 £25.50
% change year-on-year
-11.53% +52.94%

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
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 17 January 2017. 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 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 +6 14 £600 - 9
London +1 14 £600 - 8
City of London +1 9 £600 +11.62% 5

Ultra-Low Latency
Top 30 Related IT Skills

For the 6 months to 17 January 2017, 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 21 (100.00%) Low Latency
2 14 (66.67%) Foreign Exchange (FX)
3 11 (52.38%) C++
4 10 (47.62%) Finance
5 9 (42.86%) Unix
5 9 (42.86%) Linux
6 8 (38.10%) OO
6 8 (38.10%) FIX Protocol
7 7 (33.33%) Front Office
7 7 (33.33%) Java
8 6 (28.57%) OOP
8 6 (28.57%) TCP/IP
8 6 (28.57%) Multithreading
9 5 (23.81%) Electronic Trading
9 5 (23.81%) DNS
9 5 (23.81%) Windows
9 5 (23.81%) DHCP
9 5 (23.81%) Banking
10 4 (19.05%) IPsec
10 4 (19.05%) Firewall
10 4 (19.05%) OSPF
10 4 (19.05%) BGP
10 4 (19.05%) Cisco
10 4 (19.05%) CCIE
10 4 (19.05%) Cisco Certification
10 4 (19.05%) Juniper
10 4 (19.05%) EIGRP
10 4 (19.05%) VRRP
10 4 (19.05%) Security Architecture
10 4 (19.05%) Aruba

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:

Communications & Networking
1 6 (28.57%) TCP/IP
2 5 (23.81%) DHCP
2 5 (23.81%) DNS
3 4 (19.05%) BGP
3 4 (19.05%) EIGRP
3 4 (19.05%) F5 BIG-IP GTM
3 4 (19.05%) F5 BIG-IP LTM
3 4 (19.05%) Firewall
3 4 (19.05%) HSRP
3 4 (19.05%) IPsec
3 4 (19.05%) Multicast
3 4 (19.05%) OSPF
3 4 (19.05%) Spanning Tree
3 4 (19.05%) VRRP
4 1 (4.76%) Ethernet
4 1 (4.76%) FTP
4 1 (4.76%) IGMP
4 1 (4.76%) InfiniBand
4 1 (4.76%) SSH
General
1 10 (47.62%) Finance
2 7 (33.33%) Front Office
3 5 (23.81%) Banking
4 2 (9.52%) Investment Banking
5 1 (4.76%) Japanese Language
Job Titles
1 15 (71.43%) Developer
2 8 (38.10%) C++ Developer
3 7 (33.33%) Java Developer
3 7 (33.33%) Linux Developer
3 7 (33.33%) Low Latency C++ Developer
4 4 (19.05%) Data Engineer
4 4 (19.05%) Low Latency Java Developer
5 3 (14.29%) Senior Data Engineer
6 2 (9.52%) Administrator
6 2 (9.52%) Electronic Trading Developer
6 2 (9.52%) Electronic Trading Java Developer
6 2 (9.52%) Systems Administrator
6 2 (9.52%) Unix Administrator
6 2 (9.52%) Unix Systems Administrator
7 1 (4.76%) C++ Software Developer
7 1 (4.76%) Data Network Engineer
7 1 (4.76%) Linux Engineer
7 1 (4.76%) Network Architect
7 1 (4.76%) Quantitative Developer
7 1 (4.76%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 8 (38.10%) FIX Protocol
2 4 (19.05%) Ultra Messaging
3 3 (14.29%) JMS
3 3 (14.29%) Rendezvous
3 3 (14.29%) TIBCO EMS
Miscellaneous
1 14 (66.67%) Foreign Exchange (FX)
2 3 (14.29%) Computer Science
3 2 (9.52%) Derivative
4 1 (4.76%) Client/Server
4 1 (4.76%) Data Centre
4 1 (4.76%) Equities
4 1 (4.76%) Equity Derivative
4 1 (4.76%) Fixed Income
4 1 (4.76%) Virtual Team
Operating Systems
1 9 (42.86%) Linux
1 9 (42.86%) Unix
2 5 (23.81%) Windows
3 1 (4.76%) Red Hat Enterprise Linux
3 1 (4.76%) Solaris
3 1 (4.76%) SUSE Linux Enterprise Server
Processes & Methodologies
1 21 (100.00%) Low Latency
2 8 (38.10%) OO
3 6 (28.57%) Multithreading
3 6 (28.57%) OOP
4 5 (23.81%) Electronic Trading
5 4 (19.05%) Security Architecture
6 3 (14.29%) Change Management
6 3 (14.29%) Network Architecture
6 3 (14.29%) Problem Management
6 3 (14.29%) Service Delivery
7 2 (9.52%) Algorithmic Trading
7 2 (9.52%) Capacity Planning
7 2 (9.52%) Code Optimisation
7 2 (9.52%) OOD
7 2 (9.52%) Root Cause Analysis
7 2 (9.52%) Vulnerability Management
8 1 (4.76%) Garbage Collection
8 1 (4.76%) Kernel Tuning
8 1 (4.76%) Market Making
8 1 (4.76%) Performance Tuning
Programming Languages
1 11 (52.38%) C++
2 7 (33.33%) Java
3 2 (9.52%) C#
3 2 (9.52%) Perl
3 2 (9.52%) Python
4 1 (4.76%) Bash Shell
4 1 (4.76%) MATLAB
4 1 (4.76%) Shell Script
Qualifications
1 4 (19.05%) CCIE
1 4 (19.05%) Cisco Certification
2 3 (14.29%) Degree
System Software
1 1 (4.76%) NFS
Vendors
1 4 (19.05%) Aruba
1 4 (19.05%) Cisco
1 4 (19.05%) F5
1 4 (19.05%) Juniper
1 4 (19.05%) Palo Alto
2 3 (14.29%) TIBCO
3 1 (4.76%) HP
3 1 (4.76%) Sun
3 1 (4.76%) Sybase