Ultra-Low Latency Contracts in Central London

Ultra-Low Latency
London > Central London

The following table provides summary statistics for contract job vacancies advertised in Central London with a requirement for Ultra-Low Latency skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Ultra-Low Latency over the 6 months to 16 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
16 Apr 2024
Same period 2023 Same period 2022
Rank 130 - 196
Rank change year-on-year - - -50
Contract jobs citing Ultra-Low Latency 1 0 2
As % of all contract jobs advertised in Central London 0.040% - 0.043%
As % of the Processes & Methodologies category 0.045% - 0.047%
Number of daily rates quoted 1 0 2
10th Percentile - - £830
25th Percentile £825 - £838
Median daily rate (50th Percentile) £850 - £875
Median % change year-on-year - - +9.38%
75th Percentile £875 - £913
90th Percentile - - £920
London median daily rate £850 £763 £825
% change year-on-year +11.48% -7.58% +13.79%

All Process and Methodology Skills
Central London

Ultra-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 Central London with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 2,234 3,627 4,231
As % of all contract IT jobs advertised in Central London 90.12% 91.64% 91.64%
Number of daily rates quoted 1,582 2,442 3,253
10th Percentile £350 £325 £375
25th Percentile £450 £463 £475
Median daily rate (50th Percentile) £550 £595 £570
Median % change year-on-year -7.56% +4.39% +8.57%
75th Percentile £688 £725 £675
90th Percentile £800 £825 £775
London median daily rate £550 £590 £575
% change year-on-year -6.78% +2.61% +9.52%
Number of hourly rates quoted 28 34 40
10th Percentile £18.93 £15.81 £18.30
25th Percentile £21.56 £20.42 £23.44
Median hourly rate £27.81 £35.00 £41.00
Median % change year-on-year -20.54% -14.63% +105.00%
75th Percentile £34.75 £58.75 £52.00
90th Percentile £54.68 £86.93 £62.83
London median hourly rate £30.00 £38.75 £35.50
% change year-on-year -22.58% +9.15% +10.94%

Ultra-Low Latency
Job Vacancy Trend in Central London

Job postings citing Ultra-Low Latency as a proportion of all IT jobs advertised in Central London.

Job vacancy trend for Ultra-Low Latency in Central London

Ultra-Low Latency
Contractor Daily Rate Trend in Central London

3-month moving average daily rate quoted in jobs citing Ultra-Low Latency in Central London.

Daily rate trend for Ultra-Low Latency in Central London

Ultra-Low Latency
Contract Job Locations in Central London

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 Central London region over the 6 months to 16 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
City of London - 1 £850 - 1
Ultra-Low Latency
London

Ultra-Low Latency
Co-occurring Skills and Capabilities in Central 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:

Database & Business Intelligence
1 1 (100.00%) KDB
General
1 1 (100.00%) Banking
1 1 (100.00%) Finance
1 1 (100.00%) Investment Banking
Job Titles
1 1 (100.00%) Java Engineer
1 1 (100.00%) Java Software Engineer
1 1 (100.00%) Software Engineer
Libraries, Frameworks & Software Standards
1 1 (100.00%) FIX Protocol
1 1 (100.00%) Middleware
1 1 (100.00%) Rendezvous
Miscellaneous
1 1 (100.00%) Foreign Exchange (FX)
Operating Systems
1 1 (100.00%) Linux
1 1 (100.00%) Unix
Processes & Methodologies
1 1 (100.00%) Electronic Trading
1 1 (100.00%) Low Latency
1 1 (100.00%) OO
1 1 (100.00%) SDLC
1 1 (100.00%) Software Engineering
Programming Languages
1 1 (100.00%) Java
Vendors
1 1 (100.00%) Bloomberg
1 1 (100.00%) Solace
1 1 (100.00%) TIBCO