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 20 January 2017 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
20 Jan 2017
Same period 2016 Same period 2015
Low Latency
London / City of London
Rank 94 83 89
Rank change year-on-year
-11 +6
Contract jobs citing Low Latency 60 68 116
As % of all contract IT jobs located in the City of London 2.04% 2.21% 2.26%
As % of the Processes & Methodologies category 2.37% 2.61% 2.76%
Number of daily rates quoted 54 64 106
Median daily rate £600 £625 £606
Median daily rate % change year-on-year
-4.00% +3.09%
90% offered a daily rate of more than £450 £525 £413
10% offered a daily rate of more than £743 £700 £650
UK excluding London median daily rate £500 £519 £413
% change year-on-year
-3.61% +25.75%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £40.00 -

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
2536 2610 4196
As % of all contract IT jobs located in the City of London 86.11% 84.96% 81.73%
Number of daily rates quoted 2017 2057 3300
Median daily rate £500 £475 £450
Median daily rate % change year-on-year
+5.26% +5.55%
90% offered a daily rate of more than £360 £320 £320
10% offered a daily rate of more than £650 £625 £625
UK excluding London median daily rate £405 £400 £390
% change year-on-year
+1.25% +2.56%
Number of hourly rates quoted 14 25 35
Median hourly rate £50.75 £35.60 £20.45
Median hourly rate % change year-on-year
+42.57% +74.10%
90% offered a hourly rate of more than £15.99 £18.85 £13.50
10% offered a hourly rate of more than £55.00 £53.00 £45.50
UK excluding London median hourly rate £35.00 £40.00 £26.00
% change year-on-year
-12.50% +53.84%

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 20 January 2017.

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 20 January 2017, 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 57 (44.19%) Finance
2 51 (39.53%) Java
3 49 (37.98%) Multithreading
4 48 (37.21%) Banking
5 47 (36.43%) Foreign Exchange (FX)
6 36 (27.91%) C++
6 36 (27.91%) Linux
7 35 (27.13%) Electronic Trading
8 33 (25.58%) High Availability
9 31 (24.03%) Unix
10 29 (22.48%) Front Office
11 28 (21.71%) JavaScript
12 27 (20.93%) HTML
13 22 (17.05%) Agile Software Development
13 22 (17.05%) Investment Banking
14 21 (16.28%) Web Services
14 21 (16.28%) AngularJS
15 20 (15.50%) CSS
15 20 (15.50%) Open Source
16 18 (13.95%) RESTful
16 18 (13.95%) Degree
16 18 (13.95%) Python
17 17 (13.18%) TDD
18 16 (12.40%) FIX Protocol
18 16 (12.40%) Algorithmic Trading
19 14 (10.85%) Front End Development
19 14 (10.85%) Ultra-Low Latency
19 14 (10.85%) React
19 14 (10.85%) Internet
20 13 (10.08%) Cisco

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 5 (3.88%) Apache Spark
1 5 (3.88%) Oracle Coherence
2 2 (1.55%) WebSphere
3 1 (0.78%) Confluence
3 1 (0.78%) Elasticsearch
3 1 (0.78%) MS Exchange
Business Applications
1 1 (0.78%) RMDS
Cloud Services
1 9 (6.98%) Amazon AWS
2 3 (2.33%) Microsoft Azure
3 1 (0.78%) Amazon EC2
3 1 (0.78%) Amazon Kinesis
Communications & Networking
1 14 (10.85%) Internet
2 9 (6.98%) TCP/IP
3 7 (5.43%) Multicast
4 5 (3.88%) BGP
5 4 (3.10%) DHCP
5 4 (3.10%) EIGRP
5 4 (3.10%) Firewall
5 4 (3.10%) OSPF
5 4 (3.10%) Spanning Tree
6 3 (2.33%) DNS
6 3 (2.33%) F5 BIG-IP GTM
6 3 (2.33%) F5 BIG-IP LTM
6 3 (2.33%) HSRP
6 3 (2.33%) IPsec
6 3 (2.33%) VRRP
7 2 (1.55%) VPN
8 1 (0.78%) LAN
8 1 (0.78%) MPLS
8 1 (0.78%) RIP
8 1 (0.78%) WAN
Database & Business Intelligence
1 5 (3.88%) Hadoop
2 4 (3.10%) NoSQL
2 4 (3.10%) SQL Server
3 3 (2.33%) KDB
4 2 (1.55%) Amazon RDS
4 2 (1.55%) Big Data
4 2 (1.55%) MongoDB
4 2 (1.55%) MySQL
5 1 (0.78%) Amazon DynamoDB
5 1 (0.78%) Amazon Redshift
5 1 (0.78%) Data Mining
5 1 (0.78%) DataStage
5 1 (0.78%) IBM InfoSphere
5 1 (0.78%) Kdb+
5 1 (0.78%) Oracle Database
5 1 (0.78%) Tick Data
Development Applications
1 10 (7.75%) Jenkins
2 6 (4.65%) Git (software)
3 4 (3.10%) Build Forge
3 4 (3.10%) CruiseControl
3 4 (3.10%) Hudson
4 3 (2.33%) Grunt
5 2 (1.55%) Eclipse
5 2 (1.55%) JIRA
5 2 (1.55%) Maven
6 1 (0.78%) Ant
6 1 (0.78%) Bower
6 1 (0.78%) IntelliJ
6 1 (0.78%) Vagrant
General
1 57 (44.19%) Finance
2 48 (37.21%) Banking
3 29 (22.48%) Front Office
4 22 (17.05%) Investment Banking
5 5 (3.88%) Prime Brokerage
6 2 (1.55%) Marketing
7 1 (0.78%) Advertising
Job Titles
1 93 (72.09%) Developer
2 37 (28.68%) Java Developer
3 27 (20.93%) C++ Developer
4 21 (16.28%) Senior Developer
5 18 (13.95%) JavaScript Developer
6 17 (13.18%) Senior Java Developer
7 15 (11.63%) Low Latency C++ Developer
8 14 (10.85%) Front End Developer (Client-Side Developer)
9 11 (8.53%) Low Latency Java Developer
10 9 (6.98%) Electronic Trading Developer
11 8 (6.20%) Linux Developer
12 7 (5.43%) HTML Developer
12 7 (5.43%) Linux Engineer
12 7 (5.43%) Senior Linux Engineer
13 6 (4.65%) Angular Developer
13 6 (4.65%) Full Stack Developer
13 6 (4.65%) Python Developer
13 6 (4.65%) Unix Developer
14 5 (3.88%) Core Java Developer
14 5 (3.88%) Node.js Developer
Libraries, Frameworks & Software Standards
1 27 (20.93%) HTML
2 21 (16.28%) AngularJS
2 21 (16.28%) Web Services
3 20 (15.50%) CSS
4 18 (13.95%) RESTful
5 16 (12.40%) FIX Protocol
6 14 (10.85%) React
7 13 (10.08%) Boost C++ Libraries
8 12 (9.30%) HTML5
8 12 (9.30%) Middleware
9 11 (8.53%) STL
10 9 (6.98%) TIBCO EMS
11 8 (6.20%) Hibernate
11 8 (6.20%) Node.js
11 8 (6.20%) Spring
12 6 (4.65%) REST
12 6 (4.65%) Ultra Messaging
13 5 (3.88%) .NET
13 5 (3.88%) CSS3
13 5 (3.88%) Redux
Miscellaneous
1 47 (36.43%) Foreign Exchange (FX)
2 13 (10.08%) RIA
3 12 (9.30%) Computer Science
4 11 (8.53%) Equities
5 10 (7.75%) Algorithms
6 8 (6.20%) Derivative
7 7 (5.43%) Fixed Income
8 6 (4.65%) Analytical Skills
8 6 (4.65%) Fintech
9 5 (3.88%) Mathematics
10 4 (3.10%) Inversion of Control
11 3 (2.33%) N-Tier
12 2 (1.55%) Clustering
12 2 (1.55%) Field-Programmable Gate Array
12 2 (1.55%) NHS
12 2 (1.55%) Physics
12 2 (1.55%) Replication
12 2 (1.55%) TWAP
12 2 (1.55%) VWAP
13 1 (0.78%) Enterprise Software
Operating Systems
1 36 (27.91%) Linux
2 31 (24.03%) Unix
3 8 (6.20%) Windows
4 5 (3.88%) Solaris
5 3 (2.33%) AIX
5 3 (2.33%) Red Hat Enterprise Linux
6 2 (1.55%) CentOS
6 2 (1.55%) SUSE
6 2 (1.55%) SUSE Linux Enterprise Server
6 2 (1.55%) Windows Server
Processes & Methodologies
1 49 (37.98%) Multithreading
2 35 (27.13%) Electronic Trading
3 33 (25.58%) High Availability
4 22 (17.05%) Agile Software Development
5 20 (15.50%) Open Source
6 17 (13.18%) TDD
7 16 (12.40%) Algorithmic Trading
8 14 (10.85%) Front End Development
8 14 (10.85%) Ultra-Low Latency
9 13 (10.08%) Continuous Integration
9 13 (10.08%) Cross-Browser Compatibility
9 13 (10.08%) Unit Testing
9 13 (10.08%) Web Development
10 12 (9.30%) E-Commerce
10 12 (9.30%) Risk Management
11 10 (7.75%) DevOps
11 10 (7.75%) Multithreaded Programming
12 9 (6.98%) OO
13 8 (6.20%) Concurrent Programming
13 8 (6.20%) Microservices
Programming Languages
1 51 (39.53%) Java
2 36 (27.91%) C++
3 28 (21.71%) JavaScript
4 18 (13.95%) Python
5 11 (8.53%) C#
5 11 (8.53%) SQL
6 10 (7.75%) ES6
7 7 (5.43%) C
7 7 (5.43%) Perl
8 6 (4.65%) Bash Shell
9 3 (2.33%) PowerShell
9 3 (2.33%) Scala
9 3 (2.33%) VBA
10 2 (1.55%) Haskell
10 2 (1.55%) Ruby
10 2 (1.55%) Shell Script
10 2 (1.55%) TypeScript
11 1 (0.78%) ECMAScript
Qualifications
1 18 (13.95%) Degree
2 4 (3.10%) CCIE
2 4 (3.10%) Cisco Certification
3 1 (0.78%) MCSE
3 1 (0.78%) Microsoft Certification
Quality Assurance & Compliance
1 6 (4.65%) MiFID
2 1 (0.78%) SLA
System Software
1 5 (3.88%) VMware Infrastructure
2 4 (3.10%) Docker
3 2 (1.55%) Active Directory
3 2 (1.55%) Veritas Cluster Server
4 1 (0.78%) Oracle RAC
Systems Management
1 11 (8.53%) Puppet
2 5 (3.88%) ITRS Geneos
3 1 (0.78%) Endace
3 1 (0.78%) Grafana
3 1 (0.78%) Kibana
3 1 (0.78%) logstash
3 1 (0.78%) Opscode Chef
3 1 (0.78%) Thomson Reuters DACS
Vendors
1 13 (10.08%) Cisco
2 11 (8.53%) IBM
3 10 (7.75%) Oracle
3 10 (7.75%) TIBCO
4 8 (6.20%) HP
5 7 (5.43%) CheckPoint
5 7 (5.43%) Fortinet
6 5 (3.88%) VMware
7 4 (3.10%) Juniper
8 3 (2.33%) Aruba
8 3 (2.33%) F5
8 3 (2.33%) Palo Alto
8 3 (2.33%) Red Hat
8 3 (2.33%) Solace
9 2 (1.55%) Atlassian
9 2 (1.55%) Cognizant
9 2 (1.55%) EMC
9 2 (1.55%) Reuters
9 2 (1.55%) Sybase
9 2 (1.55%) Veritas
City, London
Oliver Bernard
Rate: £600 - £700 per day
Posted: Yesterday
City, London
Oliver Bernard
Rate: £500 - £700 per day
Posted: Yesterday
City, London
Spencer Rose
Rate: From £60,000 to £65,000 per annum
Posted: 2 days ago
City, London
Sanderson
Rate: £400 - £490 per day
Posted: 15 days ago
City, London
Total Recruitment Specialists Limited / TRG / Total recruitment group
Rate: £450 - £500 Per Day
Posted: 4 days ago