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 average contractor rates offered in IT contracts that have cited Low Latency over the 3 months to 1 May 2016 with a comparison to the same period in 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
1 May 2016
Same period 2015 Same period 2014
Low Latency
Rank 98 125 131
Rank change year-on-year
+27 +6
Contract jobs citing Low Latency 59 78 79
As % of all contract IT jobs located in the City of London 1.69% 1.39% 1.27%
As % of the Processes & Methodologies category 1.99% 1.73% 1.59%
Number of daily rates quoted 57 66 66
Average daily rate £625 £625 £650
Average daily rate % change year-on-year
- -3.84%
90% offered a daily rate of more than £450 £500 £513
10% offered a daily rate of more than £725 £700 £713
UK excluding London average daily rate £475 £500 £275
% change year-on-year
-5.00% +81.81%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
2959 4515 4980
As % of all contract IT jobs located in the City of London 84.76% 80.58% 79.74%
Number of daily rates quoted 2397 3527 3669
Average daily rate £475 £463 £450
Average daily rate % change year-on-year
+2.70% +2.77%
90% offered a daily rate of more than £330 £320 £300
10% offered a daily rate of more than £625 £601 £625
UK excluding London average daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 26 41 48
Average hourly rate £19.00 £27.37 £23.50
Average hourly rate % change year-on-year
-30.58% +16.46%
90% offered a hourly rate of more than £16.75 £13.50 £12.95
10% offered a hourly rate of more than £41.26 £92.50 £47.50
UK excluding London average hourly rate £36.00 £30.50 £31.50
% change year-on-year
+18.03% -3.17%

Low Latency
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Low Latency across the City of London region as a proportion of the total demand within 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 1 May 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 1 May 2016, IT contractor jobs across the City of London region citing Low Latency also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Low Latency.

1 80 (63.49%) Java
2 69 (54.76%) Multithreading
3 58 (46.03%) Front Office
4 54 (42.86%) Linux
5 47 (37.30%) C++
6 46 (36.51%) Foreign Exchange (FX)
6 46 (36.51%) Finance
7 43 (34.13%) Unix
8 35 (27.78%) Banking
9 32 (25.40%) Algorithmic Trading
10 31 (24.60%) Electronic Trading
11 27 (21.43%) Algorithms
12 25 (19.84%) Analytical Skills
13 23 (18.25%) Equities
14 22 (17.46%) Data Structures
15 20 (15.87%) Fixed Income
15 20 (15.87%) Degree
16 19 (15.08%) Agile Software Development
17 18 (14.29%) FIX Protocol
17 18 (14.29%) KDB
17 18 (14.29%) Market Making
18 17 (13.49%) Spring
18 17 (13.49%) Investment Banking
18 17 (13.49%) OO
19 16 (12.70%) PhD
19 16 (12.70%) FX Algorithmic Trading
20 15 (11.90%) Oracle
21 13 (10.32%) SQL
22 12 (9.52%) TCP/IP
22 12 (9.52%) TDD

Low Latency
Top Related IT Skills in the City of London by Category

For the 6 months to 1 May 2016, IT contractor jobs across the City of London region citing Low Latency also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Low Latency. Up to 20 skills are shown per category.

Application Platforms
1 6 (4.76%) Oracle Coherence
2 2 (1.59%) Apache Spark
3 1 (0.79%) Apache
3 1 (0.79%) CMS
3 1 (0.79%) JBoss
3 1 (0.79%) Tomcat
3 1 (0.79%) WebSphere
Business Applications
1 5 (3.97%) ION MarketView
2 3 (2.38%) RMDS
3 2 (1.59%) MetaTrader
Cloud Services
1 2 (1.59%) Amazon AWS
2 1 (0.79%) Cloud Computing
2 1 (0.79%) Microsoft Azure
Communications & Networking
1 12 (9.52%) TCP/IP
2 5 (3.97%) Multicast
3 3 (2.38%) BGP
4 2 (1.59%) DNS
4 2 (1.59%) Firewall
4 2 (1.59%) LDAP
4 2 (1.59%) SSL
4 2 (1.59%) Unicast
5 1 (0.79%) AMQP
5 1 (0.79%) DHCP
5 1 (0.79%) F5 BIG-IP GTM
5 1 (0.79%) F5 BIG-IP LTM
5 1 (0.79%) HSRP
5 1 (0.79%) HTTPS
5 1 (0.79%) IPsec
5 1 (0.79%) NAS
5 1 (0.79%) OSPF
5 1 (0.79%) SAN
5 1 (0.79%) tcpdump
5 1 (0.79%) WAN
Database & Business Intelligence
1 18 (14.29%) KDB
2 3 (2.38%) Hadoop
2 3 (2.38%) SQL Server
3 2 (1.59%) Big Data
3 2 (1.59%) OLAP
3 2 (1.59%) Oracle Database
4 1 (0.79%) Apache Hive
4 1 (0.79%) Microsoft Analysis Services
4 1 (0.79%) SQL Server Analysis Services
4 1 (0.79%) SQL Server Integration Services
4 1 (0.79%) SQL Server Reporting Services
Development Applications
1 3 (2.38%) JUnit
2 2 (1.59%) Git (software)
2 2 (1.59%) JIRA
2 2 (1.59%) Subversion
3 1 (0.79%) Atlassian Bamboo
3 1 (0.79%) Emacs
3 1 (0.79%) Jenkins
3 1 (0.79%) Maven
3 1 (0.79%) Mockito
General
1 58 (46.03%) Front Office
2 46 (36.51%) Finance
3 35 (27.78%) Banking
4 17 (13.49%) Investment Banking
5 3 (2.38%) Retail
6 1 (0.79%) Financial Institution
6 1 (0.79%) Legal
6 1 (0.79%) Marketing
6 1 (0.79%) Retail Banking
Job Titles
1 100 (79.37%) Developer
2 50 (39.68%) Java Developer
3 23 (18.25%) C++ Developer
4 21 (16.67%) Senior Developer
5 17 (13.49%) Senior Java Developer
6 8 (6.35%) Front Office Developer
7 6 (4.76%) Analyst
8 4 (3.17%) C# Developer
8 4 (3.17%) Electronic Trading Developer
8 4 (3.17%) Low Latency Java Developer
8 4 (3.17%) Network Engineer
8 4 (3.17%) Senior Analyst
8 4 (3.17%) Software Engineer
9 3 (2.38%) Electronic Trading C++ Developer
9 3 (2.38%) Java Engineer
9 3 (2.38%) Market Data Developer
9 3 (2.38%) Senior C++ Developer
10 2 (1.59%) Business Manager
10 2 (1.59%) Business Project Manager
10 2 (1.59%) Linux Administrator
Libraries, Frameworks & Software Standards
1 18 (14.29%) FIX Protocol
2 17 (13.49%) Spring
3 11 (8.73%) Hibernate
4 4 (3.17%) J2EE
4 4 (3.17%) JMS
4 4 (3.17%) Middleware
4 4 (3.17%) Web Services
5 3 (2.38%) .NET
5 3 (2.38%) AngularJS
5 3 (2.38%) J2SE
5 3 (2.38%) React
5 3 (2.38%) XML
6 2 (1.59%) Boost C++ Libraries
6 2 (1.59%) HTML5
6 2 (1.59%) JMX
6 2 (1.59%) REST
6 2 (1.59%) Spring Integration
6 2 (1.59%) STL
6 2 (1.59%) WPF
6 2 (1.59%) XSD
Miscellaneous
1 46 (36.51%) Foreign Exchange (FX)
2 27 (21.43%) Algorithms
3 25 (19.84%) Analytical Skills
4 23 (18.25%) Equities
5 22 (17.46%) Data Structures
6 20 (15.87%) Fixed Income
7 5 (3.97%) Derivative
7 5 (3.97%) Fintech
8 4 (3.17%) Computer Science
9 3 (2.38%) Data Centre
10 2 (1.59%) Credit Derivative
10 2 (1.59%) Credit Risk
10 2 (1.59%) Mathematics
10 2 (1.59%) Reference Data
11 1 (0.79%) Client/Server
11 1 (0.79%) Equity Derivative
11 1 (0.79%) Field-Programmable Gate Array
11 1 (0.79%) Management Information System
11 1 (0.79%) Online Banking
11 1 (0.79%) Physics
Operating Systems
1 54 (42.86%) Linux
2 43 (34.13%) Unix
3 8 (6.35%) Windows
4 6 (4.76%) Red Hat Enterprise Linux
5 2 (1.59%) Solaris
5 2 (1.59%) SUSE
5 2 (1.59%) SUSE Linux Enterprise Server
6 1 (0.79%) AIX
6 1 (0.79%) Windows Server
Processes & Methodologies
1 69 (54.76%) Multithreading
2 32 (25.40%) Algorithmic Trading
3 31 (24.60%) Electronic Trading
4 19 (15.08%) Agile Software Development
5 18 (14.29%) Market Making
6 17 (13.49%) OO
7 16 (12.70%) FX Algorithmic Trading
8 12 (9.52%) High Availability
8 12 (9.52%) TDD
9 10 (7.94%) OOD
10 9 (7.14%) Analytics
10 9 (7.14%) Concurrent Programming
10 9 (7.14%) Software Engineering
11 8 (6.35%) E-Commerce
11 8 (6.35%) Risk Management
12 7 (5.56%) Open Source
13 5 (3.97%) Data Management
13 5 (3.97%) Scrum
13 5 (3.97%) SDLC
14 4 (3.17%) Ultra-Low Latency
Programming Languages
1 80 (63.49%) Java
2 47 (37.30%) C++
3 13 (10.32%) SQL
4 11 (8.73%) C
5 9 (7.14%) Python
5 9 (7.14%) Shell Script
6 8 (6.35%) C#
7 7 (5.56%) Perl
8 5 (3.97%) Bash Shell
9 3 (2.38%) JavaScript
9 3 (2.38%) Ruby
10 2 (1.59%) SystemTap
11 1 (0.79%) Go
11 1 (0.79%) Groovy
11 1 (0.79%) R
11 1 (0.79%) Scala
Qualifications
1 20 (15.87%) Degree
2 16 (12.70%) PhD
3 2 (1.59%) CCIE
3 2 (1.59%) Cisco Certification
4 1 (0.79%) CCNP
Quality Assurance & Compliance
1 3 (2.38%) QA
System Software
1 2 (1.59%) Docker
1 2 (1.59%) KVM
1 2 (1.59%) NFS
2 1 (0.79%) Active Directory
2 1 (0.79%) Oracle RAC
2 1 (0.79%) VMware Infrastructure
Systems Management
1 6 (4.76%) Puppet
2 4 (3.17%) Opscode Chef
3 3 (2.38%) Ansible
4 2 (1.59%) BladeLogic
4 2 (1.59%) Oracle ZFS
5 1 (0.79%) BMC PATROL
Vendors
1 15 (11.90%) Oracle
2 6 (4.76%) Red Hat
3 5 (3.97%) Cisco
3 5 (3.97%) ION Trading
4 4 (3.17%) HP
4 4 (3.17%) Juniper
5 3 (2.38%) Dell
6 2 (1.59%) F5
6 2 (1.59%) Fidessa
6 2 (1.59%) IBM
6 2 (1.59%) StreamBase
6 2 (1.59%) Sun
6 2 (1.59%) Sybase
7 1 (0.79%) Aruba
7 1 (0.79%) BMC
7 1 (0.79%) Citrix
7 1 (0.79%) Hortonworks
7 1 (0.79%) Microsoft
7 1 (0.79%) Palo Alto
7 1 (0.79%) Solace
City of London
iKas International
Posted: 4 days ago
City, London
Pioneer Search
Rate: £500 - £575 per day
Posted: 5 days ago
City, London
McGregor Boyall
Rate: £600 per day
Posted: 5 days ago
City, London
McGregor Boyall
Rate: £600 per day
Posted: 5 days ago