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 20 February 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
20 Feb 2017
Same period 2016 Same period 2015
Ultra-Low Latency
UK
Rank 579 590 583
Rank change year-on-year
+11 -7
Contract jobs citing Ultra-Low Latency 17 28 36
As % of all contract IT jobs located in the UK 0.037% 0.055% 0.069%
As % of the Processes & Methodologies category 0.045% 0.066% 0.087%
Number of daily rates quoted 17 23 36
Median daily rate £600 £600 £650
Median daily rate % change year-on-year
- -7.69%
90% offered a daily rate of more than £450 £450 £625
10% offered a daily rate of more than £660 £675 £700
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
37444 42299 41509
As % of all contract IT jobs located in the UK 82.58% 82.71% 79.30%
Number of daily rates quoted 24822 27641 26311
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 £297 £280
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £408 £400 £400
% change year-on-year
+2.00% -
Number of hourly rates quoted 965 1161 1101
Median hourly rate £35.00 £38.75 £26.00
Median hourly rate % change year-on-year
-9.67% +49.03%
90% offered a hourly rate of more than £13.00 £13.00 £12.00
10% offered a hourly rate of more than £55.00 £57.00 £47.50
UK excluding London median hourly rate £35.88 £40.00 £27.50
% change year-on-year
-10.31% +45.45%

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 20 February 2017.

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 20 February 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 +34 17 £600 - 13
London -4 17 £600 - 12
City of London +6 10 £600 -4.00% 5

Ultra-Low Latency
Top 30 Related IT Skills

For the 6 months to 20 February 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 26 (100.00%) Low Latency
2 19 (73.08%) Foreign Exchange (FX)
3 13 (50.00%) Linux
3 13 (50.00%) FIX Protocol
4 12 (46.15%) C++
4 12 (46.15%) OO
5 11 (42.31%) Java
6 10 (38.46%) Finance
7 9 (34.62%) Unix
8 7 (26.92%) OOP
8 7 (26.92%) Front Office
9 6 (23.08%) TCP/IP
9 6 (23.08%) Computer Science
9 6 (23.08%) Degree
9 6 (23.08%) Multithreading
10 5 (19.23%) Electronic Trading
10 5 (19.23%) DNS
10 5 (19.23%) Windows
10 5 (19.23%) DHCP
10 5 (19.23%) Banking
11 4 (15.38%) IPsec
11 4 (15.38%) Firewall
11 4 (15.38%) OSPF
11 4 (15.38%) BGP
11 4 (15.38%) Cisco
11 4 (15.38%) CCIE
11 4 (15.38%) Cisco Certification
11 4 (15.38%) Juniper
11 4 (15.38%) EIGRP
11 4 (15.38%) VRRP

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 (23.08%) TCP/IP
2 5 (19.23%) DHCP
2 5 (19.23%) DNS
3 4 (15.38%) BGP
3 4 (15.38%) EIGRP
3 4 (15.38%) F5 BIG-IP GTM
3 4 (15.38%) F5 BIG-IP LTM
3 4 (15.38%) Firewall
3 4 (15.38%) HSRP
3 4 (15.38%) IPsec
3 4 (15.38%) Multicast
3 4 (15.38%) OSPF
3 4 (15.38%) Spanning Tree
3 4 (15.38%) VRRP
4 1 (3.85%) Ethernet
4 1 (3.85%) FTP
4 1 (3.85%) IGMP
4 1 (3.85%) InfiniBand
4 1 (3.85%) SSH
Database & Business Intelligence
1 4 (15.38%) NoSQL
Development Applications
1 3 (11.54%) Hudson
General
1 10 (38.46%) Finance
2 7 (26.92%) Front Office
3 5 (19.23%) Banking
4 2 (7.69%) Investment Banking
5 1 (3.85%) Japanese Language
Job Titles
1 20 (76.92%) Developer
2 11 (42.31%) Java Developer
3 9 (34.62%) C++ Developer
4 8 (30.77%) Linux Developer
4 8 (30.77%) Low Latency C++ Developer
5 5 (19.23%) Low Latency Java Developer
6 4 (15.38%) Data Engineer
7 3 (11.54%) Front End Developer (Client-Side Developer)
7 3 (11.54%) Front End Java Developer (Client-Side Java Developer)
7 3 (11.54%) Senior Data Engineer
8 2 (7.69%) Administrator
8 2 (7.69%) Electronic Trading Developer
8 2 (7.69%) Electronic Trading Java Developer
8 2 (7.69%) Systems Administrator
8 2 (7.69%) Unix Administrator
8 2 (7.69%) Unix Systems Administrator
9 1 (3.85%) C++ Software Developer
9 1 (3.85%) Network Architect
9 1 (3.85%) Quantitative Developer
9 1 (3.85%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 13 (50.00%) FIX Protocol
2 4 (15.38%) Ultra Messaging
3 3 (11.54%) JMS
3 3 (11.54%) Rendezvous
3 3 (11.54%) TIBCO EMS
Miscellaneous
1 19 (73.08%) Foreign Exchange (FX)
2 6 (23.08%) Computer Science
3 3 (11.54%) Algorithms
3 3 (11.54%) Fintech
4 2 (7.69%) Derivative
5 1 (3.85%) Client/Server
5 1 (3.85%) Data Centre
5 1 (3.85%) Equities
5 1 (3.85%) Equity Derivative
5 1 (3.85%) Fixed Income
5 1 (3.85%) Virtual Team
Operating Systems
1 13 (50.00%) Linux
2 9 (34.62%) Unix
3 5 (19.23%) Windows
4 1 (3.85%) Red Hat Enterprise Linux
4 1 (3.85%) Solaris
4 1 (3.85%) SUSE Linux Enterprise Server
Processes & Methodologies
1 26 (100.00%) Low Latency
2 12 (46.15%) OO
3 7 (26.92%) OOP
4 6 (23.08%) Multithreading
5 5 (19.23%) Electronic Trading
6 4 (15.38%) Security Architecture
7 3 (11.54%) Change Management
7 3 (11.54%) Network Architecture
7 3 (11.54%) Problem Management
7 3 (11.54%) SDLC
7 3 (11.54%) Service Delivery
8 2 (7.69%) Algorithmic Trading
8 2 (7.69%) Capacity Planning
8 2 (7.69%) Code Optimisation
8 2 (7.69%) OOD
8 2 (7.69%) Root Cause Analysis
8 2 (7.69%) Vulnerability Management
9 1 (3.85%) Kernel Tuning
9 1 (3.85%) Market Making
9 1 (3.85%) Performance Tuning
Programming Languages
1 12 (46.15%) C++
2 11 (42.31%) Java
3 2 (7.69%) C#
3 2 (7.69%) Perl
3 2 (7.69%) Python
4 1 (3.85%) Bash Shell
4 1 (3.85%) MATLAB
4 1 (3.85%) Shell Script
Qualifications
1 6 (23.08%) Degree
2 4 (15.38%) CCIE
2 4 (15.38%) Cisco Certification
Quality Assurance & Compliance
1 1 (3.85%) QA
System Software
1 1 (3.85%) NFS
Vendors
1 4 (15.38%) Arista
1 4 (15.38%) Aruba
1 4 (15.38%) Cisco
1 4 (15.38%) F5
1 4 (15.38%) Juniper
1 4 (15.38%) Palo Alto
2 3 (11.54%) TIBCO
3 1 (3.85%) HP
3 1 (3.85%) Sun
3 1 (3.85%) Sybase