Low Latency Contracts in the City of London

Low Latency
Central London > City of London

The table below provides summary statistics for contract job vacancies advertised in the City of London requiring Low Latency skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Low Latency over the 6 months leading up to 3 May 2025, comparing them to the same period in the previous two years.

6 months to
3 May 2025
Same period 2024 Same period 2023
Rank 89 112 78
Rank change year-on-year +23 -34 +56
Contract jobs citing Low Latency 34 15 106
As % of all contract jobs advertised in the City of London 1.94% 0.68% 2.91%
As % of the Processes & Methodologies category 2.08% 0.76% 3.17%
Number of daily rates quoted 21 11 76
10th Percentile £513 £516 £619
25th Percentile £538 £643 £625
Median daily rate (50th Percentile) £700 £825 £763
Median % change year-on-year -15.15% +8.20% +1.67%
75th Percentile £823 £919 £966
90th Percentile £925 £1,031 £1,063
Central London median daily rate £700 £838 £763
% change year-on-year -16.42% +9.84% +1.67%

All Process and Methodology Skills
City of London

Low Latency falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills in the City of London.

Contract vacancies with a requirement for process or methodology skills 1,638 1,985 3,341
As % of all contract IT jobs advertised in the City of London 93.28% 90.56% 91.66%
Number of daily rates quoted 1,037 1,404 2,250
10th Percentile £363 £356 £356
25th Percentile £463 £450 £480
Median daily rate (50th Percentile) £575 £565 £600
Median % change year-on-year +1.77% -5.83% +4.35%
75th Percentile £688 £688 £730
90th Percentile £775 £809 £825
Central London median daily rate £575 £550 £600
% change year-on-year +4.55% -8.33% +5.26%
Number of hourly rates quoted 12 11 25
10th Percentile £22.00 £19.92 £15.35
25th Percentile £24.00 £20.22 £18.50
Median hourly rate £29.58 £25.00 £35.00
Median % change year-on-year +18.30% -28.57% -15.66%
75th Percentile £45.00 £40.00 £58.75
90th Percentile £62.25 £41.84 £88.30
Central London median hourly rate £29.07 £27.81 £35.00
% change year-on-year +4.53% -20.54% -15.66%

Low Latency
Job Vacancy Trend in the City of London

Job postings citing Low Latency as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Low Latency in the City of London

Low Latency
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Low Latency in the City of London.

Daily rate trend for Low Latency in the City of London

Low Latency
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Low Latency in the City of London over the 6 months to 3 May 2025.

Daily rate histogram for Low Latency in the City of London

Low Latency
Co-occurring Skills and Capabilities in the City of 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:

Application Platforms
1 2 (5.88%) Apache
Business Applications
1 2 (5.88%) SAP BPC
Cloud Services
1 4 (11.76%) Azure
2 2 (5.88%) AWS
3 1 (2.94%) Amazon S3
3 1 (2.94%) AWS Control Tower
3 1 (2.94%) GCP
3 1 (2.94%) GitHub
3 1 (2.94%) Serverless
Communications & Networking
1 2 (5.88%) Firewall
2 1 (2.94%) BIG-IP
2 1 (2.94%) Cisco ISE
2 1 (2.94%) Cisco Nexus
2 1 (2.94%) DNS
2 1 (2.94%) Multicast
2 1 (2.94%) Network Security
2 1 (2.94%) Software-Defined Networking
Database & Business Intelligence
1 4 (11.76%) Big Data
2 3 (8.82%) KDB
2 3 (8.82%) NoSQL
2 3 (8.82%) OLAP
2 3 (8.82%) OLTP
2 3 (8.82%) SAP BW
2 3 (8.82%) SAP Data Services
2 3 (8.82%) SAP HANA
2 3 (8.82%) SQL Server
3 1 (2.94%) Amazon Athena
3 1 (2.94%) Apache Iceberg
3 1 (2.94%) BigQuery
3 1 (2.94%) Looker
3 1 (2.94%) Relational Database
Development Applications
1 9 (26.47%) Jenkins
2 5 (14.71%) Bitbucket
2 5 (14.71%) Git
3 4 (11.76%) TeamCity
4 3 (8.82%) Bitbucket Server
4 3 (8.82%) JUnit
5 1 (2.94%) Atlassian Bamboo
5 1 (2.94%) GitLab
5 1 (2.94%) JIRA
5 1 (2.94%) Maven
5 1 (2.94%) Sonatype Nexus
5 1 (2.94%) Terragrunt
5 1 (2.94%) Travis CI
General
1 20 (58.82%) Finance
2 12 (35.29%) Front Office
3 10 (29.41%) Banking
3 10 (29.41%) Social Skills
4 7 (20.59%) Investment Banking
5 6 (17.65%) Financial Institution
6 5 (14.71%) Analytical Skills
7 2 (5.88%) Advertising
8 1 (2.94%) French Language
Job Titles
1 16 (47.06%) Developer
2 8 (23.53%) Java Developer
3 5 (14.71%) Principal Engineer
3 5 (14.71%) Senior
3 5 (14.71%) Software Engineer
4 4 (11.76%) C# Developer
4 4 (11.76%) Senior Developer
5 3 (8.82%) Angular Developer
5 3 (8.82%) Data Engineer
5 3 (8.82%) Java Engineer
5 3 (8.82%) Principal Data Engineer
6 2 (5.88%) C# GUI Developer
6 2 (5.88%) C# Software Developer
6 2 (5.88%) C# WPF Developer
6 2 (5.88%) C++/C# Developer
6 2 (5.88%) GUI Developer
6 2 (5.88%) Lead
6 2 (5.88%) Senior C# Developer
6 2 (5.88%) Senior C# Software Developer
6 2 (5.88%) WPF Developer
Libraries, Frameworks & Software Standards
1 5 (14.71%) AngularJS
1 5 (14.71%) HTML
1 5 (14.71%) HTML5
2 4 (11.76%) .NET
2 4 (11.76%) FIX Protocol
3 3 (8.82%) RxJS
3 3 (8.82%) Web Services
4 2 (5.88%) Middleware
4 2 (5.88%) REST
4 2 (5.88%) WPF
5 1 (2.94%) .NET Core
5 1 (2.94%) Apache Beam
5 1 (2.94%) Blazor
5 1 (2.94%) Elastic Stack
5 1 (2.94%) Fastify
5 1 (2.94%) Kafka
5 1 (2.94%) Node.js
5 1 (2.94%) Protocol Buffers
5 1 (2.94%) PySpark
5 1 (2.94%) React
Miscellaneous
1 11 (32.35%) Foreign Exchange (FX)
2 6 (17.65%) Algorithms
3 4 (11.76%) Greenfield Project
4 3 (8.82%) Credit Risk
4 3 (8.82%) Equities
5 2 (5.88%) Data Centre
5 2 (5.88%) Distributed Systems
5 2 (5.88%) Fixed Income
5 2 (5.88%) TWAP
5 2 (5.88%) VWAP
6 1 (2.94%) Data Structures
6 1 (2.94%) Distributed Architecture
6 1 (2.94%) Distributed Computing
6 1 (2.94%) Enterprise Software
6 1 (2.94%) Fibre Optics
6 1 (2.94%) Hedge funds
6 1 (2.94%) Product Ownership
6 1 (2.94%) State Machine
6 1 (2.94%) Virtual Team
Operating Systems
1 12 (35.29%) Linux
2 7 (20.59%) Unix
3 2 (5.88%) Windows
Processes & Methodologies
1 10 (29.41%) Problem-Solving
2 9 (26.47%) CI/CD
2 9 (26.47%) Computer Science
3 8 (23.53%) Multithreading
4 7 (20.59%) Agile
4 7 (20.59%) Electronic Trading
4 7 (20.59%) Software Engineering
5 6 (17.65%) Algorithmic Trading
5 6 (17.65%) Market Making
5 6 (17.65%) Sprint Planning
6 5 (14.71%) Code Quality
6 5 (14.71%) Containerisation
6 5 (14.71%) High Availability
6 5 (14.71%) OO
6 5 (14.71%) Site Reliability Engineering
6 5 (14.71%) Unit Testing
7 4 (11.76%) Continuous Integration
7 4 (11.76%) DevOps
7 4 (11.76%) Observability
7 4 (11.76%) SDLC
Programming Languages
1 15 (44.12%) Java
2 9 (26.47%) C#
2 9 (26.47%) Python
3 5 (14.71%) C++
4 4 (11.76%) TypeScript
5 2 (5.88%) Bash
5 2 (5.88%) SQL
6 1 (2.94%) Go
6 1 (2.94%) Ruby
Qualifications
1 10 (29.41%) Degree
2 6 (17.65%) Computer Science Degree
3 2 (5.88%) Master's Degree
4 1 (2.94%) CCNP
4 1 (2.94%) Cisco Certification
4 1 (2.94%) PhD
4 1 (2.94%) SC Cleared
4 1 (2.94%) Security Cleared
Quality Assurance & Compliance
1 3 (8.82%) QA
2 1 (2.94%) Data Quality
System Software
1 2 (5.88%) Docker
2 1 (2.94%) Firmware
Systems Management
1 5 (14.71%) Ansible
2 4 (11.76%) Kubernetes
3 2 (5.88%) Progress Chef
3 2 (5.88%) Puppet
3 2 (5.88%) Terraform
4 1 (2.94%) Argo
4 1 (2.94%) Grafana
4 1 (2.94%) Prometheus
Vendors
1 3 (8.82%) SAP
2 2 (5.88%) Cisco
2 2 (5.88%) ION Trading
3 1 (2.94%) Arista
3 1 (2.94%) CheckPoint
3 1 (2.94%) Confluent
3 1 (2.94%) F5
3 1 (2.94%) Fortinet
3 1 (2.94%) Google
3 1 (2.94%) Oracle
3 1 (2.94%) Solace
3 1 (2.94%) Sybase
3 1 (2.94%) TOWER Software