Low Latency Contracts in London

Low Latency
England > London

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

6 months to
2 Jun 2024
Same period 2023 Same period 2022
Rank 268 162 202
Rank change year-on-year -106 +40 -48
Contract jobs citing Low Latency 125 418 546
As % of all contract jobs advertised in London 0.71% 1.63% 1.41%
As % of the Processes & Methodologies category 0.81% 1.80% 1.53%
Number of daily rates quoted 104 346 452
10th Percentile £550 £556 £550
25th Percentile £625 £625 £667
Median daily rate (50th Percentile) £800 £745 £775
Median % change year-on-year +7.38% -3.87% +14.81%
75th Percentile £900 £863 £863
90th Percentile £1,146 £950 £913
England median daily rate £750 £725 £750
% change year-on-year +3.45% -3.33% +11.11%

All Process and Methodology Skills
London

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 15,473 23,264 35,752
As % of all contract IT jobs advertised in London 88.29% 90.93% 92.20%
Number of daily rates quoted 11,093 16,856 26,215
10th Percentile £340 £375 £394
25th Percentile £449 £475 £475
Median daily rate (50th Percentile) £550 £590 £575
Median % change year-on-year -6.78% +2.61% +9.52%
75th Percentile £675 £700 £688
90th Percentile £800 £800 £775
England median daily rate £525 £550 £545
% change year-on-year -4.55% +0.92% +9.00%
Number of hourly rates quoted 320 265 402
10th Percentile £15.50 £18.00 £16.50
25th Percentile £20.00 £22.49 £23.91
Median hourly rate £28.00 £39.00 £35.50
Median % change year-on-year -28.21% +9.86% +8.07%
75th Percentile £48.75 £64.50 £50.00
90th Percentile £68.08 £82.50 £67.50
England median hourly rate £37.50 £37.15 £25.00
% change year-on-year +0.94% +48.60% +11.11%

Low Latency
Job Vacancy Trend in London

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

Job vacancy trend for Low Latency in London

Low Latency
Contractor Daily Rate Trend in London

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

Daily rate trend for Low Latency in London

Low Latency
Daily Rate Histogram in London

Daily rate distribution for jobs citing Low Latency in London over the 6 months to 2 June 2024.

Daily rate histogram for Low Latency in London

Low Latency
Contractor Hourly Rate Trend in London

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

Hourly rate trend for Low Latency in London

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 Low Latency within the London region over the 6 months to 2 June 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 -26 22 £825 +3.13% 10
East London - 1 £850 -
Low Latency
England

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:

Application Platforms
1 3 (2.40%) Apache Spark
2 2 (1.60%) SharePoint
3 1 (0.80%) Apache
3 1 (0.80%) Ethereum
3 1 (0.80%) Hyperledger
3 1 (0.80%) MQSeries
3 1 (0.80%) SAS
Applications
1 2 (1.60%) Microsoft Excel
1 2 (1.60%) Microsoft PowerPoint
1 2 (1.60%) Microsoft Project
1 2 (1.60%) MS Visio
Business Applications
1 12 (9.60%) ION MarketView
2 4 (3.20%) RMDS
3 2 (1.60%) Fidessa
Cloud Services
1 10 (8.00%) AWS
2 6 (4.80%) Azure
3 4 (3.20%) Cloud Computing
3 4 (3.20%) GitHub
3 4 (3.20%) Serverless
4 3 (2.40%) Azure Data Factory
4 3 (2.40%) Azure DevOps
4 3 (2.40%) Azure Functions
4 3 (2.40%) Azure Key Vault
4 3 (2.40%) Azure Monitor
4 3 (2.40%) Azure Service Bus
4 3 (2.40%) GCP
4 3 (2.40%) NuGet
4 3 (2.40%) OpenShift
5 2 (1.60%) Virtual Private Cloud
6 1 (0.80%) Amazon EMR
6 1 (0.80%) Amazon SQS
6 1 (0.80%) GitHub Actions
6 1 (0.80%) Nutanix
6 1 (0.80%) PaaS
Communications & Networking
1 15 (12.00%) Firewall
2 6 (4.80%) Network Security
3 4 (3.20%) InfiniBand
3 4 (3.20%) TCP/IP
4 3 (2.40%) DNS
5 2 (1.60%) BGP
5 2 (1.60%) DHCP
5 2 (1.60%) FIX Connectivity
5 2 (1.60%) OSPF
5 2 (1.60%) SD-WAN
5 2 (1.60%) Software-Defined Networking
5 2 (1.60%) VLAN
5 2 (1.60%) VPN
5 2 (1.60%) WAN
5 2 (1.60%) Wireless
6 1 (0.80%) Multicast
Database & Business Intelligence
1 30 (24.00%) KDB
2 4 (3.20%) NoSQL
2 4 (3.20%) Relational Database
3 3 (2.40%) Big Data
4 2 (1.60%) Elasticsearch
4 2 (1.60%) Hadoop
4 2 (1.60%) MongoDB
4 2 (1.60%) PostgreSQL
5 1 (0.80%) Amazon Aurora
5 1 (0.80%) Amazon Redshift
5 1 (0.80%) Hazelcast
5 1 (0.80%) Kdb+
5 1 (0.80%) MySQL
5 1 (0.80%) RDBMS
5 1 (0.80%) Tick Data
Development Applications
1 3 (2.40%) Jenkins
1 3 (2.40%) JIRA
1 3 (2.40%) SonarQube
2 2 (1.60%) Cypress.io
2 2 (1.60%) Git
3 1 (0.80%) Bitbucket
3 1 (0.80%) CircleCI
3 1 (0.80%) GitLab
3 1 (0.80%) Gradle
3 1 (0.80%) IntelliJ
3 1 (0.80%) TeamCity
General
1 64 (51.20%) Finance
2 35 (28.00%) Banking
3 26 (20.80%) Front Office
4 18 (14.40%) Social Skills
5 15 (12.00%) Investment Banking
6 7 (5.60%) Inclusion and Diversity
7 6 (4.80%) Analytical Skills
8 4 (3.20%) Manufacturing
9 1 (0.80%) Back Office
9 1 (0.80%) Games
9 1 (0.80%) Presentation Skills
Job Titles
1 76 (60.80%) Developer
2 44 (35.20%) Java Developer
3 29 (23.20%) Senior
4 22 (17.60%) Senior Developer
5 18 (14.40%) Network Engineer
6 17 (13.60%) Senior Java Developer
7 11 (8.80%) C++ Developer
7 11 (8.80%) Low Latency Java Developer
8 9 (7.20%) Software Engineer
9 8 (6.40%) Low Latency C++ Developer
10 6 (4.80%) Cisco Engineer
10 6 (4.80%) Cisco Network Engineer
10 6 (4.80%) Electronic Trading Developer
10 6 (4.80%) Java Engineer
10 6 (4.80%) Java Software Engineer
10 6 (4.80%) Senior Network Engineer
11 5 (4.00%) Electronic Trading Java Developer
12 3 (2.40%) Full Stack Developer
12 3 (2.40%) Pricing Developer
12 3 (2.40%) Python Developer
Libraries, Frameworks & Software Standards
1 32 (25.60%) FIX Protocol
2 13 (10.40%) React
3 9 (7.20%) .NET
4 8 (6.40%) Rendezvous
5 7 (5.60%) Middleware
6 6 (4.80%) Kafka
7 5 (4.00%) .NET Core
8 4 (3.20%) Elastic Stack
8 4 (3.20%) HTML
8 4 (3.20%) HTML5
8 4 (3.20%) Spring
8 4 (3.20%) Ultra Messaging
8 4 (3.20%) XML
9 3 (2.40%) .NET Framework
9 3 (2.40%) AngularJS
9 3 (2.40%) WPF
10 2 (1.60%) Node.js
11 1 (0.80%) jQuery
11 1 (0.80%) REST
11 1 (0.80%) RESTful
Miscellaneous
1 38 (30.40%) Foreign Exchange (FX)
2 19 (15.20%) Derivative
2 19 (15.20%) Distributed Systems
3 18 (14.40%) Fixed Income
4 14 (11.20%) Algorithms
5 13 (10.40%) Self-Motivation
6 8 (6.40%) Equity Derivative
6 8 (6.40%) Hedge funds
7 6 (4.80%) Cloud Native
7 6 (4.80%) Data Protection Act
7 6 (4.80%) Equities
8 5 (4.00%) Management Information System
9 4 (3.20%) Data Structures
9 4 (3.20%) Greenfield Project
10 3 (2.40%) Data Centre
11 2 (1.60%) Enterprise Software
11 2 (1.60%) Market Risk
12 1 (0.80%) PKI
12 1 (0.80%) Private Cloud
12 1 (0.80%) Renewable Energy
Operating Systems
1 20 (16.00%) Linux
2 13 (10.40%) Unix
3 1 (0.80%) Red Hat Enterprise Linux
3 1 (0.80%) Windows
Processes & Methodologies
1 51 (40.80%) Electronic Trading
2 36 (28.80%) Agile
3 34 (27.20%) Algorithmic Trading
4 28 (22.40%) Multithreading
5 26 (20.80%) Test Automation
6 24 (19.20%) E-Commerce
7 23 (18.40%) Analytics
8 20 (16.00%) Continuous Integration
8 20 (16.00%) User Acceptance Testing
9 19 (15.20%) Multithreaded Programming
10 15 (12.00%) High Availability
11 14 (11.20%) Computer Science
12 13 (10.40%) Incident Management
12 13 (10.40%) OO
13 12 (9.60%) Software Engineering
14 11 (8.80%) Problem-Solving
14 11 (8.80%) SDLC
15 10 (8.00%) DevOps
15 10 (8.00%) Fintech
16 9 (7.20%) Integration Testing
Programming Languages
1 57 (45.60%) Java
2 24 (19.20%) Python
3 19 (15.20%) C++
4 11 (8.80%) C#
5 9 (7.20%) SQL
6 8 (6.40%) Perl
7 5 (4.00%) JavaScript
8 4 (3.20%) Bash
8 4 (3.20%) PowerShell
9 3 (2.40%) Scala
10 2 (1.60%) PHP
10 2 (1.60%) TypeScript
11 1 (0.80%) Jython
11 1 (0.80%) Kotlin
11 1 (0.80%) Ruby
11 1 (0.80%) Shell Script
11 1 (0.80%) Solidity
Qualifications
1 27 (21.60%) Cisco Certification
2 21 (16.80%) CCNA
3 14 (11.20%) CCNP
4 13 (10.40%) Degree
5 7 (5.60%) CCIE
6 5 (4.00%) Computer Science Degree
7 2 (1.60%) AWS Certification
7 2 (1.60%) DV Cleared
7 2 (1.60%) Security Cleared
8 1 (0.80%) CISM
8 1 (0.80%) CISSP
8 1 (0.80%) Master's Degree
8 1 (0.80%) Numerate Degree
Quality Assurance & Compliance
1 2 (1.60%) ISO/IEC 27001
2 1 (0.80%) GDPR
System Software
1 4 (3.20%) Docker
2 1 (0.80%) Virtual Machines
2 1 (0.80%) VMware Infrastructure
Systems Management
1 10 (8.00%) ITRS Geneos
2 8 (6.40%) Ansible
3 5 (4.00%) Kubernetes
4 2 (1.60%) Grafana
4 2 (1.60%) Terraform
5 1 (0.80%) Progress Chef
5 1 (0.80%) Prometheus
5 1 (0.80%) Puppet
Vendors
1 27 (21.60%) Cisco
2 26 (20.80%) ION Trading
3 15 (12.00%) Solace
4 12 (9.60%) CheckPoint
4 12 (9.60%) F5
4 12 (9.60%) Fortinet
5 11 (8.80%) TIBCO
6 9 (7.20%) Arista
7 8 (6.40%) Palo Alto
8 6 (4.80%) Riverbed
8 6 (4.80%) SolarWinds
9 4 (3.20%) Bloomberg
9 4 (3.20%) Tradeweb
10 3 (2.40%) Microsoft
10 3 (2.40%) ServiceNow
11 2 (1.60%) MarketAxess
11 2 (1.60%) Meraki
11 2 (1.60%) Radianz
11 2 (1.60%) Red Hat
11 2 (1.60%) Reuters