Low Latency Contracts in England

Low Latency
UK > England

The following table provides summary statistics for contract job vacancies advertised in England with a requirement for Low Latency skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Low Latency over the 6 months to 8 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
8 May 2024
Same period 2023 Same period 2022
Rank 412 254 324
Rank change year-on-year -158 +70 -69
Contract jobs citing Low Latency 143 504 593
As % of all contract jobs advertised in England 0.39% 1.03% 0.84%
As % of the Processes & Methodologies category 0.45% 1.14% 0.93%
Number of daily rates quoted 121 417 442
10th Percentile £525 £523 £538
25th Percentile £600 £625 £663
Median daily rate (50th Percentile) £750 £750 £750
Median % change year-on-year - - +11.11%
75th Percentile £900 £863 £849
90th Percentile £1,088 £950 £900
UK median daily rate £750 £750 £750
% change year-on-year - - +11.11%
Number of hourly rates quoted 1 0 0
Median hourly rate £83.00 - -
UK median hourly rate £83.00 - £49.54

All Process and Methodology Skills
England

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 England with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 31,870 44,294 64,052
As % of all contract IT jobs advertised in England 86.52% 90.18% 90.80%
Number of daily rates quoted 20,878 31,074 45,519
10th Percentile £300 £325 £331
25th Percentile £413 £444 £425
Median daily rate (50th Percentile) £525 £550 £538
Median % change year-on-year -4.55% +2.33% +7.50%
75th Percentile £650 £674 £650
90th Percentile £750 £763 £750
UK median daily rate £525 £550 £530
% change year-on-year -4.55% +3.77% +8.72%
Number of hourly rates quoted 2,246 1,569 1,736
10th Percentile £12.90 £10.73 £12.50
25th Percentile £16.00 £16.25 £15.25
Median hourly rate £36.50 £37.34 £24.30
Median % change year-on-year -2.25% +53.69% +3.38%
75th Percentile £60.00 £65.00 £49.25
90th Percentile £72.50 £75.00 £63.75
UK median hourly rate £36.50 £36.00 £25.00
% change year-on-year +1.39% +44.00% +2.04%

Low Latency
Job Vacancy Trend in England

Job postings citing Low Latency as a proportion of all IT jobs advertised in England.

Job vacancy trend for Low Latency in England

Low Latency
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing Low Latency in England.

Daily rate trend for Low Latency in England

Low Latency
Daily Rate Histogram in England

Daily rate distribution for jobs citing Low Latency in England over the 6 months to 8 May 2024.

Daily rate histogram for Low Latency in England

Low Latency
Contractor Hourly Rate Trend in England

3-month moving average hourly rates quoted in jobs citing Low Latency in England.

Hourly rate trend for Low Latency in England

Low Latency
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Low Latency within the England region over the 6 months to 8 May 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
London -105 130 £763 +1.70% 120
North of England +24 6 £575 +35.29% 2
North West +19 5 £575 +37.31% 2
South West - 5 £525 - 6
Midlands +29 2 £525 +16.67% 2
Yorkshire +27 1 - -
West Midlands +23 1 £500 +11.11% 2
East Midlands - 1 £550 -
Low Latency
UK

Low Latency
Co-occurring Skills and Capabilities in England 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 6 (4.20%) Apache Spark
2 2 (1.40%) Apache
2 2 (1.40%) Ethereum
2 2 (1.40%) SharePoint
3 1 (0.70%) Hyperledger
3 1 (0.70%) MetaMask
3 1 (0.70%) MQSeries
3 1 (0.70%) SAS
3 1 (0.70%) Tomcat
3 1 (0.70%) WebSphere
Applications
1 2 (1.40%) Microsoft Excel
1 2 (1.40%) Microsoft PowerPoint
1 2 (1.40%) Microsoft Project
1 2 (1.40%) MS Visio
Business Applications
1 9 (6.29%) ION MarketView
2 3 (2.10%) RMDS
3 2 (1.40%) Fidessa
Cloud Services
1 11 (7.69%) AWS
2 9 (6.29%) Azure
3 5 (3.50%) Azure Data Factory
3 5 (3.50%) GitHub
4 4 (2.80%) Cloud Computing
4 4 (2.80%) OpenShift
4 4 (2.80%) Serverless
5 3 (2.10%) Azure DevOps
5 3 (2.10%) Azure Functions
5 3 (2.10%) Azure Key Vault
5 3 (2.10%) Azure Monitor
5 3 (2.10%) Azure Service Bus
5 3 (2.10%) NuGet
5 3 (2.10%) Power Platform
6 2 (1.40%) GCP
6 2 (1.40%) Virtual Private Cloud
7 1 (0.70%) Amazon EMR
7 1 (0.70%) Amazon MSK
7 1 (0.70%) GitHub Actions
7 1 (0.70%) Nutanix
Communications & Networking
1 11 (7.69%) Firewall
2 5 (3.50%) Network Security
3 4 (2.80%) InfiniBand
4 3 (2.10%) VPN
5 2 (1.40%) DMZ
5 2 (1.40%) FIX Connectivity
5 2 (1.40%) IPsec
5 2 (1.40%) Multicast
5 2 (1.40%) TCP/IP
5 2 (1.40%) Wireshark
6 1 (0.70%) BGP
6 1 (0.70%) DNS
6 1 (0.70%) OSPF
6 1 (0.70%) SAN
6 1 (0.70%) SD-WAN
6 1 (0.70%) Software-Defined Networking
6 1 (0.70%) Unicast
6 1 (0.70%) VLAN
6 1 (0.70%) WAN
6 1 (0.70%) Wireless
Database & Business Intelligence
1 27 (18.88%) KDB
2 8 (5.59%) NoSQL
3 7 (4.90%) Relational Database
4 6 (4.20%) Big Data
5 4 (2.80%) Elasticsearch
5 4 (2.80%) Hadoop
5 4 (2.80%) SQL Server
6 3 (2.10%) MongoDB
6 3 (2.10%) Power BI
6 3 (2.10%) SQL Server Integration Services
7 2 (1.40%) Hazelcast
7 2 (1.40%) Microsoft Analysis Services
7 2 (1.40%) PostgreSQL
7 2 (1.40%) SQL Server Analysis Services
7 2 (1.40%) Tableau
8 1 (0.70%) Amazon Redshift
8 1 (0.70%) Data Warehouse
8 1 (0.70%) MySQL
8 1 (0.70%) RDBMS
8 1 (0.70%) Tick Data
Development Applications
1 4 (2.80%) Git
2 3 (2.10%) Cypress.io
2 3 (2.10%) Jenkins
2 3 (2.10%) JIRA
2 3 (2.10%) SonarQube
3 1 (0.70%) Bitbucket
3 1 (0.70%) GitLab
3 1 (0.70%) Gradle
3 1 (0.70%) IntelliJ
3 1 (0.70%) JUnit
3 1 (0.70%) Maven
3 1 (0.70%) TeamCity
3 1 (0.70%) Visual Studio Code
General
1 72 (50.35%) Finance
2 38 (26.57%) Banking
3 26 (18.18%) Front Office
4 20 (13.99%) Investment Banking
4 20 (13.99%) Social Skills
5 10 (6.99%) Analytical Skills
6 5 (3.50%) Inclusion and Diversity
7 4 (2.80%) Manufacturing
8 2 (1.40%) Telecoms
9 1 (0.70%) Back Office
9 1 (0.70%) Financial Institution
9 1 (0.70%) Games
9 1 (0.70%) Presentation Skills
Job Titles
1 83 (58.04%) Developer
2 46 (32.17%) Java Developer
3 32 (22.38%) Senior
4 23 (16.08%) Senior Developer
5 17 (11.89%) Senior Java Developer
6 15 (10.49%) Network Engineer
7 14 (9.79%) C++ Developer
7 14 (9.79%) Low Latency Java Developer
8 11 (7.69%) Software Engineer
9 9 (6.29%) Low Latency C++ Developer
10 8 (5.59%) Senior Network Engineer
11 7 (4.90%) Java Engineer
12 6 (4.20%) Electronic Trading Developer
12 6 (4.20%) Java Software Engineer
13 5 (3.50%) Cisco Engineer
13 5 (3.50%) Cisco Network Engineer
13 5 (3.50%) Electronic Trading Java Developer
14 4 (2.80%) Data Engineer
14 4 (2.80%) Exchange Support
14 4 (2.80%) Python Developer
Libraries, Frameworks & Software Standards
1 37 (25.87%) FIX Protocol
2 12 (8.39%) React
3 11 (7.69%) .NET
3 11 (7.69%) Kafka
4 7 (4.90%) Rendezvous
4 7 (4.90%) Spring
5 6 (4.20%) .NET Core
5 6 (4.20%) Middleware
6 5 (3.50%) HTML
6 5 (3.50%) HTML5
7 4 (2.80%) Elastic Stack
7 4 (2.80%) Ultra Messaging
7 4 (2.80%) XML
8 3 (2.10%) .NET Framework
8 3 (2.10%) WPF
9 2 (1.40%) AngularJS
9 2 (1.40%) Guice
9 2 (1.40%) JSON
9 2 (1.40%) Node.js
9 2 (1.40%) Smart Contracts
Miscellaneous
1 38 (26.57%) Foreign Exchange (FX)
2 29 (20.28%) Derivative
3 20 (13.99%) Fixed Income
4 18 (12.59%) Algorithms
5 16 (11.19%) Distributed Systems
6 13 (9.09%) Self-Motivation
7 10 (6.99%) Data Structures
7 10 (6.99%) Equity Derivative
7 10 (6.99%) Hedge funds
8 9 (6.29%) Equities
9 8 (5.59%) Data Protection Act
10 7 (4.90%) Cloud Native
10 7 (4.90%) Greenfield Project
11 4 (2.80%) Data Centre
11 4 (2.80%) Management Information System
12 2 (1.40%) Blockchain
12 2 (1.40%) Distributed Computing
12 2 (1.40%) Enterprise Software
12 2 (1.40%) Market Risk
13 1 (0.70%) Renewable Energy
Operating Systems
1 29 (20.28%) Linux
2 17 (11.89%) Unix
3 2 (1.40%) Windows
4 1 (0.70%) Red Hat Enterprise Linux
Processes & Methodologies
1 55 (38.46%) Electronic Trading
2 41 (28.67%) Algorithmic Trading
3 38 (26.57%) Agile
4 31 (21.68%) Multithreading
5 28 (19.58%) Analytics
6 24 (16.78%) Test Automation
7 22 (15.38%) High Availability
8 20 (13.99%) Continuous Integration
9 19 (13.29%) E-Commerce
10 18 (12.59%) User Acceptance Testing
11 16 (11.19%) Computer Science
11 16 (11.19%) Incident Management
11 16 (11.19%) Multithreaded Programming
12 15 (10.49%) Software Engineering
13 14 (9.79%) Change Management
13 14 (9.79%) OO
14 12 (8.39%) Capacity Management
14 12 (8.39%) DevOps
14 12 (8.39%) Microservices
14 12 (8.39%) Problem-Solving
Programming Languages
1 62 (43.36%) Java
2 26 (18.18%) Python
3 22 (15.38%) C++
4 13 (9.09%) C#
5 11 (7.69%) SQL
6 9 (6.29%) Perl
7 8 (5.59%) JavaScript
8 5 (3.50%) Bash
9 3 (2.10%) PowerShell
9 3 (2.10%) Scala
10 2 (1.40%) PHP
10 2 (1.40%) Shell Script
10 2 (1.40%) Solidity
10 2 (1.40%) T-SQL
10 2 (1.40%) TypeScript
11 1 (0.70%) Jython
11 1 (0.70%) Ruby
Qualifications
1 21 (14.69%) Cisco Certification
2 17 (11.89%) CCNA
3 16 (11.19%) Degree
4 8 (5.59%) CCNP
5 6 (4.20%) Computer Science Degree
5 6 (4.20%) DV Cleared
5 6 (4.20%) Security Cleared
6 4 (2.80%) CCIE
7 3 (2.10%) SC Cleared
8 1 (0.70%) AWS Certification
8 1 (0.70%) CISM
8 1 (0.70%) CISSP
8 1 (0.70%) Master's Degree
8 1 (0.70%) Numerate Degree
Quality Assurance & Compliance
1 3 (2.10%) QA
2 2 (1.40%) ISO/IEC 27001
3 1 (0.70%) GDPR
System Software
1 6 (4.20%) Docker
2 2 (1.40%) Virtual Machines
3 1 (0.70%) HDFS
Systems Management
1 13 (9.09%) ITRS Geneos
2 7 (4.90%) Kubernetes
3 5 (3.50%) Ansible
4 2 (1.40%) Terraform
5 1 (0.70%) FortiGate
5 1 (0.70%) Grafana
5 1 (0.70%) Hadoop YARN
5 1 (0.70%) Oozie
Vendors
1 24 (16.78%) Cisco
2 22 (15.38%) ION Trading
3 14 (9.79%) Solace
4 10 (6.99%) TIBCO
5 9 (6.29%) Fortinet
6 8 (5.59%) Arista
7 7 (4.90%) CheckPoint
7 7 (4.90%) F5
8 4 (2.80%) Bloomberg
8 4 (2.80%) Palo Alto
8 4 (2.80%) SolarWinds
9 3 (2.10%) Google
9 3 (2.10%) Microsoft
9 3 (2.10%) Red Hat
9 3 (2.10%) Riverbed
9 3 (2.10%) ServiceNow
9 3 (2.10%) Tradeweb
10 2 (1.40%) MarketAxess
10 2 (1.40%) Radianz
10 2 (1.40%) Refinitiv