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 September 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 Sep 2016
Same period 2015 Same period 2014
Ultra-Low Latency
Rank 647 664 616
Rank change year-on-year
+17 -48
Contract jobs citing Ultra-Low Latency 5 9 25
As % of all contract IT jobs located in the UK 0.009% 0.016% 0.043%
As % of the Processes & Methodologies category 0.011% 0.019% 0.056%
Number of daily rates quoted 3 8 20
Median daily rate £500 £675 £700
Median daily rate % change year-on-year
-25.92% -3.57%
90% offered a daily rate of more than £480 £569 £500
10% offered a daily rate of more than £660 £708 £825
UK excluding London median daily rate - - £350
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
44299 46946 44879
As % of all contract IT jobs located in the UK 83.12% 81.11% 77.00%
Number of daily rates quoted 29375 30672 28106
Median daily rate £438 £425 £410
Median daily rate % change year-on-year
+2.94% +3.54%
90% offered a daily rate of more than £300 £288 £275
10% offered a daily rate of more than £590 £583 £575
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 1162 1305 1228
Median hourly rate £31.00 £32.50 £23.75
Median hourly rate % change year-on-year
-4.61% +36.84%
90% offered a hourly rate of more than £12.54 £12.50 £12.50
10% offered a hourly rate of more than £50.00 £50.00 £52.50
UK excluding London median hourly rate £32.50 £34.00 £25.75
% change year-on-year
-4.41% +32.03%

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 September 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 September 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 +12 5 £500 -25.92% 7
England -5 5 £500 -25.92% 8
City of London +18 4 £588 +1.07% 4

Ultra-Low Latency
Top 30 Related IT Skills

For the 6 months to 30 September 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 8 (100.00%) Low Latency
2 5 (62.50%) Unix
2 5 (62.50%) Finance
3 4 (50.00%) Firewall
3 4 (50.00%) BGP
3 4 (50.00%) EIGRP
3 4 (50.00%) VRRP
3 4 (50.00%) Windows
3 4 (50.00%) DHCP
3 4 (50.00%) TCP/IP
3 4 (50.00%) DNS
3 4 (50.00%) Cisco
3 4 (50.00%) CCIE
3 4 (50.00%) Cisco Certification
3 4 (50.00%) Juniper
3 4 (50.00%) Foreign Exchange (FX)
3 4 (50.00%) OSPF
3 4 (50.00%) F5 BIG-IP LTM
3 4 (50.00%) F5 BIG-IP GTM
3 4 (50.00%) Multicast
3 4 (50.00%) Palo Alto
3 4 (50.00%) Aruba
3 4 (50.00%) F5
3 4 (50.00%) HSRP
3 4 (50.00%) Banking
3 4 (50.00%) IPsec
3 4 (50.00%) Security Architecture
3 4 (50.00%) Spanning Tree
4 3 (37.50%) Network Architecture
4 3 (37.50%) Electronic Trading

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 4 (50.00%) BGP
1 4 (50.00%) DHCP
1 4 (50.00%) DNS
1 4 (50.00%) EIGRP
1 4 (50.00%) F5 BIG-IP GTM
1 4 (50.00%) F5 BIG-IP LTM
1 4 (50.00%) Firewall
1 4 (50.00%) HSRP
1 4 (50.00%) IPsec
1 4 (50.00%) Multicast
1 4 (50.00%) OSPF
1 4 (50.00%) Spanning Tree
1 4 (50.00%) TCP/IP
1 4 (50.00%) VRRP
2 1 (12.50%) LAN
2 1 (12.50%) NGN
2 1 (12.50%) WAN
Database & Business Intelligence
1 1 (12.50%) KDB
1 1 (12.50%) Kdb+
General
1 5 (62.50%) Finance
2 4 (50.00%) Banking
3 3 (37.50%) Front Office
4 2 (25.00%) Investment Banking
Job Titles
1 4 (50.00%) Data Engineer
2 3 (37.50%) Senior Data Engineer
3 2 (25.00%) Developer
3 2 (25.00%) Java Developer
3 2 (25.00%) Low Latency Java Developer
4 1 (12.50%) Analyst
4 1 (12.50%) Banking Analyst
4 1 (12.50%) Consultant
4 1 (12.50%) Data Architect
4 1 (12.50%) Data Network Engineer
4 1 (12.50%) Electronic Trading Developer
4 1 (12.50%) Electronic Trading Java Developer
4 1 (12.50%) FX Support Analyst
4 1 (12.50%) Investment Banking Java Developer
4 1 (12.50%) Network Architect
4 1 (12.50%) Network Consultant
4 1 (12.50%) Network Engineer
4 1 (12.50%) Unix Analyst
4 1 (12.50%) Unix Support
4 1 (12.50%) Unix Support Analyst
Libraries, Frameworks & Software Standards
1 1 (12.50%) FIX Protocol
1 1 (12.50%) Ultra Messaging
Miscellaneous
1 4 (50.00%) Foreign Exchange (FX)
2 3 (37.50%) Computer Science
3 1 (12.50%) Equities
3 1 (12.50%) Fintech
3 1 (12.50%) Fixed Income
3 1 (12.50%) Hedge funds
Operating Systems
1 5 (62.50%) Unix
2 4 (50.00%) Windows
Processes & Methodologies
1 8 (100.00%) Low Latency
2 4 (50.00%) Security Architecture
3 3 (37.50%) Change Management
3 3 (37.50%) Electronic Trading
3 3 (37.50%) Network Architecture
3 3 (37.50%) Problem Management
3 3 (37.50%) Service Delivery
4 2 (25.00%) Multithreading
4 2 (25.00%) Root Cause Analysis
4 2 (25.00%) Vulnerability Management
5 1 (12.50%) Algorithmic Trading
5 1 (12.50%) Benchmarking
5 1 (12.50%) Code Optimisation
5 1 (12.50%) Data Management
5 1 (12.50%) DevOps
5 1 (12.50%) High-Frequency Trading
5 1 (12.50%) Infrastructure Monitoring
5 1 (12.50%) Market Making
5 1 (12.50%) OO
5 1 (12.50%) OOD
Programming Languages
1 2 (25.00%) Java
2 1 (12.50%) C#
2 1 (12.50%) C++
2 1 (12.50%) Perl
2 1 (12.50%) Python
Qualifications
1 4 (50.00%) CCIE
1 4 (50.00%) Cisco Certification
2 3 (37.50%) Degree
Systems Management
1 1 (12.50%) ITRS Geneos
Vendors
1 4 (50.00%) Aruba
1 4 (50.00%) Cisco
1 4 (50.00%) F5
1 4 (50.00%) Juniper
1 4 (50.00%) Palo Alto
2 1 (12.50%) Splunk
Cambridge
OHO Group Ltd.
Rate: £350 - £450 per annum
Posted: 23 days ago