Ultra-Low Latency Contracts in England

Ultra-Low Latency
UK > England

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 6 months to 25 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
25 Apr 2024
Same period 2023 Same period 2022
Rank 543 656 765
Rank change year-on-year +113 +109 -151
Contract jobs citing Ultra-Low Latency 5 12 15
As % of all contract jobs advertised in England 0.013% 0.024% 0.021%
As % of the Processes & Methodologies category 0.016% 0.026% 0.023%
Number of daily rates quoted 5 11 15
10th Percentile - £675 £595
25th Percentile £825 £700 £744
Median daily rate (50th Percentile) £850 £800 £825
Median % change year-on-year +6.25% -3.03% +13.79%
75th Percentile £875 £944 £881
90th Percentile - £950 £940
UK median daily rate £850 £800 £825
% change year-on-year +6.25% -3.03% +13.79%

All Process and Methodology Skills
England

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 England with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 32,205 45,779 64,338
As % of all contract IT jobs advertised in England 86.51% 90.27% 90.74%
Number of daily rates quoted 21,157 32,091 45,636
10th Percentile £300 £325 £330
25th Percentile £413 £445 £425
Median daily rate (50th Percentile) £525 £550 £535
Median % change year-on-year -4.55% +2.80% +9.41%
75th Percentile £650 £675 £650
90th Percentile £750 £769 £744
UK median daily rate £525 £550 £525
% change year-on-year -4.55% +4.76% +8.25%
Number of hourly rates quoted 2,232 1,623 1,778
10th Percentile £12.87 £11.00 £12.50
25th Percentile £16.00 £16.62 £15.25
Median hourly rate £35.25 £37.50 £24.00
Median % change year-on-year -6.00% +56.25% -
75th Percentile £60.00 £65.00 £49.25
90th Percentile £72.50 £75.00 £63.16
UK median hourly rate £35.00 £37.50 £25.00
% change year-on-year -6.67% +50.00% -

Ultra-Low Latency
Job Vacancy Trend in England

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

Job vacancy trend for Ultra-Low Latency in England

Ultra-Low Latency
Contractor Daily Rate Trend in England

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

Daily rate trend 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 6 months to 25 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
London +100 5 £850 +7.94% 15
Ultra-Low Latency
UK

Ultra-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:

Database & Business Intelligence
1 5 (100.00%) KDB
General
1 5 (100.00%) Banking
1 5 (100.00%) Finance
2 3 (60.00%) Analytical Skills
2 3 (60.00%) Social Skills
3 2 (40.00%) Investment Banking
Job Titles
1 3 (60.00%) Developer
1 3 (60.00%) Java Developer
1 3 (60.00%) Low Latency Java Developer
1 3 (60.00%) Senior
1 3 (60.00%) Senior Developer
1 3 (60.00%) Senior Java Developer
2 2 (40.00%) Java Engineer
2 2 (40.00%) Java Software Engineer
2 2 (40.00%) Software Engineer
Libraries, Frameworks & Software Standards
1 5 (100.00%) FIX Protocol
1 5 (100.00%) Middleware
1 5 (100.00%) Rendezvous
Miscellaneous
1 5 (100.00%) Foreign Exchange (FX)
2 3 (60.00%) Management Information System
2 3 (60.00%) Self-Motivation
Operating Systems
1 5 (100.00%) Linux
1 5 (100.00%) Unix
Processes & Methodologies
1 5 (100.00%) Electronic Trading
1 5 (100.00%) Low Latency
1 5 (100.00%) OO
1 5 (100.00%) SDLC
2 3 (60.00%) E-Commerce
2 3 (60.00%) Performance Optimisation
3 2 (40.00%) Software Engineering
Programming Languages
1 5 (100.00%) Java
Vendors
1 5 (100.00%) Solace
1 5 (100.00%) TIBCO
2 2 (40.00%) Bloomberg