The table below looks at the statistics for Low Latency skills in IT contracts advertised for the Canary Wharf region. Included is a guide to the contractor rates offered in IT contracts that have cited Low Latency over the 3 months to 4 December 2016 with a comparison to the same period over the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

3 months to
4 Dec 2016
Same period 2015 Same period 2014
Low Latency
Rank 27 30 -
Rank change year-on-year
+3 -
Contract jobs citing Low Latency 1 1 0
As % of all contract IT jobs located in Canary Wharf 0.63% 0.56% -
As % of the Processes & Methodologies category 0.67% 0.65% -
Number of daily rates quoted 1 1 0
Median daily rate £550 £650 -
Median daily rate % change year-on-year
-15.38% -
UK excluding London median daily rate £525 £525 £438
% change year-on-year
- +20.00%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £40.00 -
Low Latency
London

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the Canary Wharf region.

Processes & Methodologies Category
Canary Wharf
Contract IT job ads with a match in the
Processes & Methodologies category
150 154 104
As % of all contract IT jobs located in Canary Wharf 94.34% 87.01% 90.43%
Number of daily rates quoted 104 119 75
Median daily rate £525 £500 £450
Median daily rate % change year-on-year
+5.00% +11.11%
90% offered a daily rate of more than £350 £350 £235
10% offered a daily rate of more than £650 £600 £575
UK excluding London median daily rate £413 £400 £385
% change year-on-year
+3.12% +3.89%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £27.50
UK excluding London median hourly rate £31.00 £34.95 £25.00
% change year-on-year
-11.30% +39.80%

Low Latency
Jobs Demand Trend in Canary Wharf

The demand trend of contract jobs across the Canary Wharf region citing Low Latency as a proportion of all IT contracts with a match in the Processes & Methodologies category.

Low Latency Jobs Demand Trend in Canary Wharf

Low Latency
Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Low Latency across the Canary Wharf region.

Low Latency Daily Rate Trend in Canary Wharf

Low Latency
Top 13 Related IT Skills in Canary Wharf

For the 6 months to 4 December 2016, IT contractor jobs citing 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 Canary Wharf region with a requirement for Low Latency.

1 1 (100.00%) Java
1 1 (100.00%) Unix
1 1 (100.00%) Linux
1 1 (100.00%) Front Office
1 1 (100.00%) Finance
1 1 (100.00%) Agile Software Development
1 1 (100.00%) Banking
1 1 (100.00%) Investment Banking
1 1 (100.00%) Derivative
1 1 (100.00%) FIX Protocol
1 1 (100.00%) Electronic Trading
1 1 (100.00%) Performance Tuning
1 1 (100.00%) Continuous Delivery

Low Latency
Top Related IT Skills in Canary Wharf 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:

General
1 1 (100.00%) Banking
1 1 (100.00%) Finance
1 1 (100.00%) Front Office
1 1 (100.00%) Investment Banking
Job Titles
1 1 (100.00%) Core Java Developer
1 1 (100.00%) Developer
1 1 (100.00%) Front Office Developer
1 1 (100.00%) Java Developer
1 1 (100.00%) Linux Developer
1 1 (100.00%) Unix Developer
Libraries, Frameworks & Software Standards
1 1 (100.00%) FIX Protocol
Miscellaneous
1 1 (100.00%) Derivative
Operating Systems
1 1 (100.00%) Linux
1 1 (100.00%) Unix
Processes & Methodologies
1 1 (100.00%) Agile Software Development
1 1 (100.00%) Continuous Delivery
1 1 (100.00%) Electronic Trading
1 1 (100.00%) Performance Tuning
Programming Languages
1 1 (100.00%) Java