Ultra-Low Latency Contracts in London

Ultra-Low Latency
England > London

The following table provides summary statistics for contract job vacancies advertised in 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 10 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
10 May 2024
Same period 2023 Same period 2022
Rank 388 483 590
Rank change year-on-year +95 +107 -139
Contract jobs citing Ultra-Low Latency 6 6 14
As % of all contract jobs advertised in London 0.034% 0.023% 0.036%
As % of the Processes & Methodologies category 0.038% 0.025% 0.039%
Number of daily rates quoted 6 6 14
10th Percentile - £700 £741
25th Percentile £825 £738 £766
Median daily rate (50th Percentile) £850 £800 £850
Median % change year-on-year +6.25% -5.88% +17.24%
75th Percentile £875 £909 £916
90th Percentile - £944 £950
England median daily rate £850 £800 £850
% change year-on-year +6.25% -5.88% +17.24%

All Process and Methodology Skills
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 London with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 15,656 23,861 35,487
As % of all contract IT jobs advertised in London 88.73% 90.97% 92.33%
Number of daily rates quoted 11,212 17,181 25,922
10th Percentile £340 £375 £388
25th Percentile £450 £475 £475
Median daily rate (50th Percentile) £550 £590 £575
Median % change year-on-year -6.78% +2.61% +9.52%
75th Percentile £680 £700 £688
90th Percentile £800 £800 £775
England median daily rate £525 £550 £538
% change year-on-year -4.55% +2.33% +7.50%
Number of hourly rates quoted 313 269 419
10th Percentile £15.96 £18.40 £17.25
25th Percentile £20.00 £22.50 £23.91
Median hourly rate £28.00 £39.00 £37.00
Median % change year-on-year -28.21% +5.41% +12.63%
75th Percentile £48.75 £64.25 £51.00
90th Percentile £66.40 £80.45 £69.45
England median hourly rate £37.18 £37.50 £25.00
% change year-on-year -0.85% +50.00% +6.38%

Ultra-Low Latency
Job Vacancy Trend in London

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

Job vacancy trend for Ultra-Low Latency in London

Ultra-Low Latency
Contractor Daily Rate Trend in London

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

Daily rate trend for Ultra-Low Latency in London

Ultra-Low Latency
Contract Job Locations in 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 London region over the 6 months to 10 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
Central London - 2 £850 -
Ultra-Low Latency
England

Ultra-Low Latency
Co-occurring Skills and Capabilities in 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 6 (100.00%) KDB
General
1 6 (100.00%) Banking
1 6 (100.00%) Finance
2 4 (66.67%) Analytical Skills
2 4 (66.67%) Social Skills
3 2 (33.33%) Investment Banking
Job Titles
1 4 (66.67%) Developer
1 4 (66.67%) Java Developer
1 4 (66.67%) Low Latency Java Developer
1 4 (66.67%) Senior
1 4 (66.67%) Senior Developer
1 4 (66.67%) Senior Java Developer
2 2 (33.33%) Java Engineer
2 2 (33.33%) Java Software Engineer
2 2 (33.33%) Software Engineer
Libraries, Frameworks & Software Standards
1 6 (100.00%) FIX Protocol
1 6 (100.00%) Middleware
1 6 (100.00%) Rendezvous
Miscellaneous
1 6 (100.00%) Foreign Exchange (FX)
2 4 (66.67%) Management Information System
2 4 (66.67%) Self-Motivation
Operating Systems
1 6 (100.00%) Linux
1 6 (100.00%) Unix
Processes & Methodologies
1 6 (100.00%) Electronic Trading
1 6 (100.00%) Low Latency
1 6 (100.00%) OO
1 6 (100.00%) SDLC
2 4 (66.67%) E-Commerce
2 4 (66.67%) Performance Optimisation
3 2 (33.33%) Software Engineering
Programming Languages
1 6 (100.00%) Java
Vendors
1 6 (100.00%) Solace
1 6 (100.00%) TIBCO
2 2 (33.33%) Bloomberg