Low Latency Java Developer Contracts

Java Developer - Low Latency
UK

The median Java Developer - Low Latency daily rate in the UK is £850 according to job vacancies posted during the 6 months to 2 June 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
2 Jun 2024
Same period 2023 Same period 2022
Rank 567 654 795
Rank change year-on-year +87 +141 -109
Contract jobs requiring a Low Latency Java Developer 12 30 46
As % of all contract jobs advertised in the UK 0.028% 0.053% 0.052%
As % of the Job Titles category 0.030% 0.056% 0.055%
Number of daily rates quoted 12 27 45
10th Percentile £663 £705 £625
25th Percentile £794 £781 £825
Median daily rate (50th Percentile) £850 £825 £850
Median % change year-on-year +3.03% -2.94% +17.24%
75th Percentile £875 £900 £875
90th Percentile £898 £938 £925
UK excluding London median daily rate £638 £675 -
% change year-on-year -5.56% - -

All Contract IT Job Vacancies
UK

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in the UK with a recognized job title 40,001 53,325 83,708
% of contract IT jobs with a recognized job title 92.83% 94.58% 95.35%
Number of daily rates quoted 25,880 37,256 59,003
10th Percentile £280 £313 £315
25th Percentile £409 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +7.69%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £488 £500 £475
% change year-on-year -2.50% +5.26% +9.45%
Number of hourly rates quoted 2,851 1,473 1,957
10th Percentile £12.86 £14.25 £12.50
25th Percentile £16.30 £19.06 £15.90
Median hourly rate £37.50 £45.00 £25.00
Median % change year-on-year -16.67% +80.00% +14.34%
75th Percentile £61.60 £65.75 £49.41
90th Percentile £73.75 £76.45 £65.00
UK excluding London median hourly rate £40.00 £42.50 £20.00
% change year-on-year -5.88% +112.50% +5.26%

Low Latency Java Developer
Job Vacancy Trend

Job postings that featured Low Latency Java Developer in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Low Latency Java Developer in the UK

Low Latency Java Developer
Contractor Daily Rate Trend

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

Daily rate trend for Low Latency Java Developer in the UK

Low Latency Java Developer
Daily Rate Histogram

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

Daily rate histogram for Low Latency Java Developer in the UK

Low Latency Java Developer
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Low Latency Java Developer within the UK 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
England +86 12 £850 +3.03%
London +88 11 £850 +3.03%
Work from Home +97 1 £800 -3.03%
UK excluding London +47 1 £638 -5.56%
North of England - 1 £638 -
North West - 1 £638 -

Low Latency Java Developer Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 2 June 2024, Low Latency Java Developer contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads featuring Low Latency Java Developer in the job title.

1 12 (100.00%) Java
1 12 (100.00%) Finance
1 12 (100.00%) Low Latency
2 10 (83.33%) Electronic Trading
3 9 (75.00%) KDB
4 8 (66.67%) Banking
5 7 (58.33%) Unix
5 7 (58.33%) Linux
5 7 (58.33%) OO
5 7 (58.33%) Foreign Exchange (FX)
5 7 (58.33%) Analytical Skills
5 7 (58.33%) Self-Motivation
5 7 (58.33%) Social Skills
6 6 (50.00%) SDLC
6 6 (50.00%) Solace
6 6 (50.00%) Performance Optimisation
6 6 (50.00%) FIX Protocol
7 5 (41.67%) Ultra-Low Latency
7 5 (41.67%) TIBCO
7 5 (41.67%) Rendezvous
7 5 (41.67%) Middleware
7 5 (41.67%) E-Commerce
7 5 (41.67%) Management Information System
8 4 (33.33%) Multithreading
9 3 (25.00%) Data Structures
9 3 (25.00%) Front Office
9 3 (25.00%) Agile
9 3 (25.00%) Fixed Income
10 2 (16.67%) Derivative
10 2 (16.67%) Degree

Low Latency Java Developer Skill Set
Co-occurring Skills and Capabilities 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 1 (8.33%) SAS
Cloud Services
1 1 (8.33%) AWS
Database & Business Intelligence
1 9 (75.00%) KDB
2 1 (8.33%) Hazelcast
2 1 (8.33%) MongoDB
2 1 (8.33%) NoSQL
2 1 (8.33%) PostgreSQL
2 1 (8.33%) Relational Database
Development Applications
1 1 (8.33%) Bitbucket
1 1 (8.33%) Gradle
1 1 (8.33%) IntelliJ
1 1 (8.33%) JIRA
1 1 (8.33%) TeamCity
General
1 12 (100.00%) Finance
2 8 (66.67%) Banking
3 7 (58.33%) Analytical Skills
3 7 (58.33%) Social Skills
4 3 (25.00%) Front Office
5 2 (16.67%) Investment Banking
Libraries, Frameworks & Software Standards
1 6 (50.00%) FIX Protocol
2 5 (41.67%) Middleware
2 5 (41.67%) Rendezvous
3 2 (16.67%) React
3 2 (16.67%) Spring
4 1 (8.33%) AngularJS
4 1 (8.33%) Guice
4 1 (8.33%) HTML
4 1 (8.33%) HTML5
4 1 (8.33%) JSON
4 1 (8.33%) Node.js
4 1 (8.33%) OpenFin
4 1 (8.33%) REST
4 1 (8.33%) XML
Miscellaneous
1 7 (58.33%) Foreign Exchange (FX)
1 7 (58.33%) Self-Motivation
2 5 (41.67%) Management Information System
3 3 (25.00%) Data Structures
3 3 (25.00%) Fixed Income
4 2 (16.67%) Algorithms
4 2 (16.67%) Derivative
5 1 (8.33%) Distributed Computing
5 1 (8.33%) Enterprise Software
5 1 (8.33%) Equities
5 1 (8.33%) Virtual Team
Operating Systems
1 7 (58.33%) Linux
1 7 (58.33%) Unix
2 1 (8.33%) Windows
Processes & Methodologies
1 12 (100.00%) Low Latency
2 10 (83.33%) Electronic Trading
3 7 (58.33%) OO
4 6 (50.00%) Performance Optimisation
4 6 (50.00%) SDLC
5 5 (41.67%) E-Commerce
5 5 (41.67%) Ultra-Low Latency
6 4 (33.33%) Multithreading
7 3 (25.00%) Agile
8 2 (16.67%) CI/CD
8 2 (16.67%) Computer Science
8 2 (16.67%) Design Patterns
8 2 (16.67%) DevOps
8 2 (16.67%) Garbage Collection
8 2 (16.67%) Microservices
8 2 (16.67%) Problem-Solving
8 2 (16.67%) Requirements Gathering
8 2 (16.67%) TDD
9 1 (8.33%) Code Quality
9 1 (8.33%) Event-Driven
Programming Languages
1 12 (100.00%) Java
2 1 (8.33%) JavaScript
2 1 (8.33%) Shell Script
2 1 (8.33%) SQL
Qualifications
1 2 (16.67%) Degree
System Software
1 1 (8.33%) Virtual Machines
Vendors
1 6 (50.00%) Solace
2 5 (41.67%) TIBCO
3 2 (16.67%) ION Trading
4 1 (8.33%) Google