The following table provides summary statistics for contract job vacancies advertised in England 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 3 months to 25 April 2017 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Ultra-Low Latency
UK / England
3 months to
25 Apr 2017
Same period 2016 Same period 2015
Rank 565 608 596
Rank change year-on-year +43 -12  
Contract jobs citing Ultra-Low Latency 16 11 28
As % of all contract IT jobs advertised in England 0.037% 0.021% 0.054%
As % of the Processes & Methodologies category 0.045% 0.026% 0.068%
Number of daily rates quoted 12 10 25
Median daily rate £600 £663 £625
Median daily rate % change year-on-year -9.43% +6.00%  
90% offered a daily rate of more than £450 £463 £337
10% offered a daily rate of more than £650 £675 £725
UK excluding London median daily rate - - £295
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Ultra-Low Latency is in the process and methodology skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in England with a requirement for process and methodology skills.

Contract Process & Methodology Skills
England
Contract job vacancies with a requirement for process and methodology skills 35803 42671 41378
As % of all contract IT job vacancies advertised in England 83.74% 82.97% 80.24%
Number of daily rates quoted 23683 28585 26139
Median daily rate £450 £445 £420
Median daily rate % change year-on-year +1.12% +5.95%  
90% offered a daily rate of more than £305 £300 £285
10% offered a daily rate of more than £600 £600 £588
UK excluding London median daily rate £413 £400 £393
% change year-on-year +3.12% +1.91%  
Number of hourly rates quoted 905 954 1224
Median hourly rate £35.00 £32.50 £29.00
Median hourly rate % change year-on-year +7.69% +12.06%  
90% offered a hourly rate of more than £13.00 £12.50 £12.00
10% offered a hourly rate of more than £52.50 £48.50 £47.50
UK excluding London median hourly rate £36.00 £36.52 £30.35
% change year-on-year -1.42% +20.32%  

Ultra-Low Latency
Job Vacancy Trend in England

The job posting trend of jobs advertised in England citing Ultra-Low Latency as a proportion of all contract or permanent IT jobs with a match in the Processes & Methodologies category.

Job vacancy trend for Ultra-Low Latency in England

Ultra-Low Latency
Contractor Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Ultra-Low Latency in England.

Contractor daily rate trend for Ultra-Low Latency in England

Ultra-Low Latency
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing Ultra-Low Latency in England over the 3 months to 25 April 2017.

Contractor daily rate histogram for Ultra-Low Latency in England

Ultra-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 Ultra-Low Latency within the England region over the 3 months to 25 April 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
London +34 16 £600 -9.43% 8
Ultra-Low Latency
UK

For the 6 months to 25 April 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 across the England region with a requirement for Ultra-Low Latency.

1 30 (100.00%) Low Latency
2 21 (70.00%) Foreign Exchange (FX)
3 19 (63.33%) Java
4 16 (53.33%) Linux
5 15 (50.00%) Front Office
5 15 (50.00%) FIX Protocol
6 11 (36.67%) C++
7 10 (33.33%) OO
8 9 (30.00%) Greenfield Project
9 8 (26.67%) Multithreading
9 8 (26.67%) Electronic Trading
10 7 (23.33%) Finance
10 7 (23.33%) OOP
11 6 (20.00%) TIBCO
11 6 (20.00%) Rendezvous
11 6 (20.00%) JMS
11 6 (20.00%) TIBCO EMS
12 5 (16.67%) Banking
12 5 (16.67%) Code Optimisation
13 4 (13.33%) NoSQL
13 4 (13.33%) Unix
13 4 (13.33%) Equities
14 3 (10.00%) Hudson
14 3 (10.00%) Algorithms
14 3 (10.00%) Computer Science
14 3 (10.00%) Investment Banking
14 3 (10.00%) Degree
14 3 (10.00%) SDLC
14 3 (10.00%) Fintech
15 2 (6.67%) Analytical Skills

Ultra-Low Latency
Co-occurring IT Skills in England 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 2 (6.67%) TCP/IP
Database & Business Intelligence
1 4 (13.33%) NoSQL
Development Applications
1 3 (10.00%) Hudson
General
1 15 (50.00%) Front Office
2 7 (23.33%) Finance
3 5 (16.67%) Banking
4 3 (10.00%) Investment Banking
Job Titles
1 29 (96.67%) Developer
2 17 (56.67%) Java Developer
3 10 (33.33%) C++ Developer
4 9 (30.00%) Low Latency C++ Developer
5 8 (26.67%) Linux Developer
6 4 (13.33%) Electronic Trading Developer
6 4 (13.33%) Electronic Trading Java Developer
6 4 (13.33%) Front End Developer (Client-Side Developer)
6 4 (13.33%) Low Latency Java Developer
7 3 (10.00%) Front End Java Developer (Client-Side Java Developer)
7 3 (10.00%) Senior Developer
7 3 (10.00%) Senior Java Developer
8 1 (3.33%) Administrator
8 1 (3.33%) C++ Software Developer
8 1 (3.33%) C++ Software Engineer
8 1 (3.33%) Front Office Developer
8 1 (3.33%) Quantitative Developer
8 1 (3.33%) Systems Administrator
8 1 (3.33%) Unix Administrator
8 1 (3.33%) Unix Systems Administrator
Libraries, Frameworks & Software Standards
1 15 (50.00%) FIX Protocol
2 6 (20.00%) JMS
2 6 (20.00%) Rendezvous
2 6 (20.00%) TIBCO EMS
3 2 (6.67%) HTML
3 2 (6.67%) HTML5
3 2 (6.67%) Ultra Messaging
4 1 (3.33%) WPF
Miscellaneous
1 21 (70.00%) Foreign Exchange (FX)
2 9 (30.00%) Greenfield Project
3 4 (13.33%) Equities
4 3 (10.00%) Algorithms
4 3 (10.00%) Computer Science
4 3 (10.00%) Fintech
5 2 (6.67%) Analytical Skills
6 1 (3.33%) Derivative
6 1 (3.33%) Equity Derivative
6 1 (3.33%) Fixed Income
6 1 (3.33%) Hedge funds
6 1 (3.33%) Virtual Team
Operating Systems
1 16 (53.33%) Linux
2 4 (13.33%) Unix
Processes & Methodologies
1 30 (100.00%) Low Latency
2 10 (33.33%) OO
3 8 (26.67%) Electronic Trading
3 8 (26.67%) Multithreading
4 7 (23.33%) OOP
5 5 (16.67%) Code Optimisation
6 3 (10.00%) SDLC
7 2 (6.67%) Migration
8 1 (3.33%) Agile Software Development
8 1 (3.33%) Algorithmic Trading
8 1 (3.33%) Capacity Planning
8 1 (3.33%) Front End Development
8 1 (3.33%) Garbage Collection
8 1 (3.33%) Market Making
8 1 (3.33%) Performance Optimisation
8 1 (3.33%) Performance Tuning
8 1 (3.33%) Scrum
8 1 (3.33%) Software Engineering
8 1 (3.33%) TDD
Programming Languages
1 19 (63.33%) Java
2 11 (36.67%) C++
3 2 (6.67%) Python
4 1 (3.33%) Bash Shell
4 1 (3.33%) MATLAB
4 1 (3.33%) Perl
Qualifications
1 3 (10.00%) Degree
Quality Assurance & Compliance
1 1 (3.33%) MiFID
1 1 (3.33%) QA
Vendors
1 6 (20.00%) TIBCO
2 1 (3.33%) Sybase