The table below looks at the statistics for Low Latency skills in IT contracts advertised for the City of London region. Included is a guide to the contractor rates offered in IT contracts that have cited Low Latency over the 3 months to 30 September 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
30 Sep 2016
Same period 2015 Same period 2014
Low Latency
Rank 105 113 94
Rank change year-on-year
+8 -19
Contract jobs citing Low Latency 67 75 122
As % of all contract IT jobs located in the City of London 1.96% 1.63% 2.07%
As % of the Processes & Methodologies category 2.24% 1.93% 2.58%
Number of daily rates quoted 65 69 102
Median daily rate £575 £650 £650
Median daily rate % change year-on-year
-11.53% -
90% offered a daily rate of more than £445 £500 £550
10% offered a daily rate of more than £725 £730 £793
UK excluding London median daily rate £500 £475 £375
% change year-on-year
+5.26% +26.66%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
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 City of London region.

Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
2990 3883 4731
As % of all contract IT jobs located in the City of London 87.45% 84.25% 80.21%
Number of daily rates quoted 2390 3087 3561
Median daily rate £475 £474 £450
Median daily rate % change year-on-year
+0.21% +5.33%
90% offered a daily rate of more than £350 £313 £315
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 21 36 52
Median hourly rate £19.92 £21.25 £21.62
Median hourly rate % change year-on-year
-6.25% -1.71%
90% offered a hourly rate of more than £12.50 £13.00 £12.50
10% offered a hourly rate of more than £50.00 £37.50 £35.60
UK excluding London median hourly rate £32.50 £34.00 £25.75
% change year-on-year
-4.41% +32.03%

Low Latency
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London 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 the City of London

Low Latency
Daily Rate Trend in the City of London

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

Low Latency Daily Rate Trend in the City of London

Low Latency
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Low Latency across the City of London region over the 3 months to 30 September 2016.

Low Latency Daily Rate Histogram in the City of London

Low Latency
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Low Latency across the City of London region.

Low Latency Hourly Rate Trend in the City of London

Low Latency
Top 30 Related IT Skills in the City of London

For the 6 months to 30 September 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 City of London region with a requirement for Low Latency.

1 61 (47.66%) Finance
2 58 (45.31%) Java
3 50 (39.06%) Multithreading
4 48 (37.50%) Banking
5 46 (35.94%) Linux
6 43 (33.59%) Unix
7 39 (30.47%) Foreign Exchange (FX)
8 35 (27.34%) Front Office
9 34 (26.56%) Agile Software Development
10 27 (21.09%) Algorithmic Trading
11 26 (20.31%) E-Commerce
12 24 (18.75%) Electronic Trading
12 24 (18.75%) Investment Banking
13 23 (17.97%) TDD
14 22 (17.19%) C#
14 22 (17.19%) C++
15 20 (15.63%) High Availability
16 19 (14.84%) Amazon AWS
17 17 (13.28%) Puppet
17 17 (13.28%) HP
18 16 (12.50%) HTML
18 16 (12.50%) JavaScript
18 16 (12.50%) Oracle
18 16 (12.50%) Web Services
18 16 (12.50%) Windows
19 15 (11.72%) OO
19 15 (11.72%) SQL
19 15 (11.72%) Cisco
19 15 (11.72%) AngularJS
19 15 (11.72%) Kanban

Low Latency
Top Related IT Skills in the City of London 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:

Application Platforms
1 1 (0.78%) Elasticsearch
1 1 (0.78%) SAS
1 1 (0.78%) Tomcat
Applications
1 1 (0.78%) MS Excel
Business Applications
1 1 (0.78%) MetaTrader
Cloud Services
1 19 (14.84%) Amazon AWS
2 4 (3.13%) Cloud Computing
2 4 (3.13%) Microsoft Azure
3 2 (1.56%) PaaS
Communications & Networking
1 9 (7.03%) TCP/IP
2 7 (5.47%) DNS
2 7 (5.47%) Firewall
3 6 (4.69%) Internet
4 5 (3.91%) BGP
4 5 (3.91%) Multicast
4 5 (3.91%) OSPF
5 4 (3.13%) DHCP
5 4 (3.13%) EIGRP
5 4 (3.13%) IPsec
5 4 (3.13%) LDAP
5 4 (3.13%) Spanning Tree
6 3 (2.34%) F5 BIG-IP GTM
6 3 (2.34%) F5 BIG-IP LTM
6 3 (2.34%) HSRP
6 3 (2.34%) VRRP
7 2 (1.56%) Cisco ASA
7 2 (1.56%) LAN
7 2 (1.56%) MPLS
7 2 (1.56%) VPN
Database & Business Intelligence
1 13 (10.16%) KDB
2 6 (4.69%) Hadoop
2 6 (4.69%) SQL Server
3 5 (3.91%) Big Data
3 5 (3.91%) Kdb+
4 1 (0.78%) DB2
4 1 (0.78%) NoSQL
4 1 (0.78%) Tick Data
Development Applications
1 4 (3.13%) Jenkins
2 3 (2.34%) Git (software)
3 1 (0.78%) Atlassian Bamboo
3 1 (0.78%) Bower
3 1 (0.78%) Eclipse
3 1 (0.78%) Grunt
3 1 (0.78%) IntelliJ
3 1 (0.78%) JUnit
3 1 (0.78%) Maven
3 1 (0.78%) Mockito
3 1 (0.78%) Vagrant
3 1 (0.78%) Visual Studio
General
1 61 (47.66%) Finance
2 48 (37.50%) Banking
3 35 (27.34%) Front Office
4 24 (18.75%) Investment Banking
5 1 (0.78%) Financial Institution
5 1 (0.78%) Games
Job Titles
1 81 (63.28%) Developer
2 40 (31.25%) Java Developer
3 26 (20.31%) Senior Developer
4 21 (16.41%) Senior Java Developer
5 16 (12.50%) C++ Developer
5 16 (12.50%) Low Latency Java Developer
6 11 (8.59%) Algorithmic Trading Developer
6 11 (8.59%) Core Java Developer
7 10 (7.81%) Architect
7 10 (7.81%) AWS Developer
7 10 (7.81%) C# Developer
7 10 (7.81%) E-Commerce Developer
8 9 (7.03%) JavaScript Developer
9 8 (6.25%) Administrator
9 8 (6.25%) Front End Developer (Client-Side Developer)
9 8 (6.25%) Java Developer - Algorithmic Trading
9 8 (6.25%) Linux Engineer
9 8 (6.25%) Solutions Architect
10 7 (5.47%) Senior E-Commerce Developer
10 7 (5.47%) Systems Administrator
Libraries, Frameworks & Software Standards
1 16 (12.50%) HTML
1 16 (12.50%) Web Services
2 15 (11.72%) AngularJS
3 13 (10.16%) FIX Protocol
4 12 (9.38%) HTML5
5 11 (8.59%) CSS
5 11 (8.59%) Middleware
6 7 (5.47%) CSS3
7 5 (3.91%) RESTful
8 4 (3.13%) Node.js
8 4 (3.13%) React
9 3 (2.34%) Boost C++ Libraries
9 3 (2.34%) STL
9 3 (2.34%) Swing
10 2 (1.56%) Django
10 2 (1.56%) Hibernate
10 2 (1.56%) JavaFX
10 2 (1.56%) Spring
10 2 (1.56%) Ultra Messaging
10 2 (1.56%) WPF
Miscellaneous
1 39 (30.47%) Foreign Exchange (FX)
2 14 (10.94%) Equities
2 14 (10.94%) Mathematics
3 13 (10.16%) Analytical Skills
4 11 (8.59%) Algorithms
5 10 (7.81%) Fixed Income
6 7 (5.47%) Data Centre
7 6 (4.69%) Computer Science
7 6 (4.69%) Fintech
8 4 (3.13%) Data Structures
8 4 (3.13%) RIA
9 3 (2.34%) Clustering
10 2 (1.56%) N-Tier
10 2 (1.56%) Statistics
10 2 (1.56%) User Experience
10 2 (1.56%) Virtual Team
11 1 (0.78%) Enterprise Software
11 1 (0.78%) Hedge funds
11 1 (0.78%) TWAP
11 1 (0.78%) Visualisation
Operating Systems
1 46 (35.94%) Linux
2 43 (33.59%) Unix
3 16 (12.50%) Windows
4 10 (7.81%) Red Hat Enterprise Linux
4 10 (7.81%) Solaris
5 9 (7.03%) AIX
6 6 (4.69%) Windows Server
7 4 (3.13%) SUSE Linux Enterprise Server
8 3 (2.34%) SUSE
Processes & Methodologies
1 50 (39.06%) Multithreading
2 34 (26.56%) Agile Software Development
3 27 (21.09%) Algorithmic Trading
4 26 (20.31%) E-Commerce
5 24 (18.75%) Electronic Trading
6 23 (17.97%) TDD
7 20 (15.63%) High Availability
8 15 (11.72%) Kanban
8 15 (11.72%) OO
9 14 (10.94%) Garbage Collection
10 13 (10.16%) Analytics
11 12 (9.38%) Concurrent Programming
11 12 (9.38%) Open Source
12 10 (7.81%) ITIL
12 10 (7.81%) Root Cause Analysis
13 9 (7.03%) Continuous Integration
13 9 (7.03%) DevOps
13 9 (7.03%) OOD
14 8 (6.25%) Front End Development
15 7 (5.47%) Unit Testing
Programming Languages
1 58 (45.31%) Java
2 22 (17.19%) C#
2 22 (17.19%) C++
3 16 (12.50%) JavaScript
4 15 (11.72%) SQL
5 13 (10.16%) Python
6 11 (8.59%) Shell Script
7 5 (3.91%) Perl
7 5 (3.91%) Ruby
7 5 (3.91%) SystemTap
8 4 (3.13%) ES6
9 2 (1.56%) C
9 2 (1.56%) Scala
10 1 (0.78%) TypeScript
Qualifications
1 12 (9.38%) Degree
2 8 (6.25%) CCIE
2 8 (6.25%) Cisco Certification
3 5 (3.91%) PhD
4 4 (3.13%) CCNP
5 1 (0.78%) CCDA
Quality Assurance & Compliance
1 6 (4.69%) MiFID
System Software
1 9 (7.03%) VMware Infrastructure
2 5 (3.91%) Active Directory
2 5 (3.91%) Oracle RAC
3 4 (3.13%) KVM
4 3 (2.34%) Docker
4 3 (2.34%) Veritas Cluster Server
Systems Management
1 17 (13.28%) Puppet
2 5 (3.91%) Ansible
2 5 (3.91%) Opscode Chef
2 5 (3.91%) Oracle ZFS
3 4 (3.13%) BladeLogic
3 4 (3.13%) ITRS Geneos
4 1 (0.78%) BMC PATROL
4 1 (0.78%) Endace
4 1 (0.78%) Grafana
4 1 (0.78%) Kibana
4 1 (0.78%) logstash
Vendors
1 17 (13.28%) HP
2 16 (12.50%) Oracle
3 15 (11.72%) Cisco
4 12 (9.38%) IBM
5 10 (7.81%) Dell
6 9 (7.03%) VMware
7 8 (6.25%) Juniper
8 7 (5.47%) CheckPoint
8 7 (5.47%) Fortinet
9 6 (4.69%) F5
9 6 (4.69%) Red Hat
10 5 (3.91%) Bloomberg
10 5 (3.91%) Citrix
10 5 (3.91%) Reuters
11 4 (3.13%) Hortonworks
11 4 (3.13%) Solace
11 4 (3.13%) Sun
12 3 (2.34%) Aruba
12 3 (2.34%) EMC
12 3 (2.34%) Palo Alto
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