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 2 July 2015 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.

Location
3 months to
2 Jul 2015
Same period 2014 Same period 2013
Low Latency
Rank 121 98 109
Rank change year-on-year
-23 +11
Contract jobs citing Low Latency 89 112 116
As % of all contract IT jobs located in the City of London 1.55% 1.92% 1.66%
As % of the Processes & Methodologies category 1.99% 2.48% 2.14%
Number of daily rates quoted 84 90 78
Average daily rate
Keep up to 90%
of your Daily Rate
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£625 £625 £550
Average daily rate % change year-on-year
- +13.63%
90% offered a daily rate of more than £500 £500 £450
10% offered a daily rate of more than £725 £700 £683
UK excluding London average daily rate £475 £375 £375
% change year-on-year
+26.66% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £40.00 £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 City of London region.

Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
4475 4518 5429
As % of all contract IT jobs located in the City of London 77.73% 77.36% 77.89%
Number of daily rates quoted 3536 3380 4082
Average daily rate £475 £450 £450
Average daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £325 £310 £310
10% offered a daily rate of more than £625 £625 £600
UK excluding London average daily rate £388 £375 £370
% change year-on-year
+3.33% +1.35%
Number of hourly rates quoted 39 40 101
Average hourly rate £24.50 £22.00 £32.58
Average hourly rate % change year-on-year
+11.36% -32.47%
90% offered a hourly rate of more than £14.50 £14.50 £18.00
10% offered a hourly rate of more than £55.50 £53.50 £59.00
UK excluding London average hourly rate £30.00 £28.50 £30.50
% change year-on-year
+5.26% -6.55%

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 2 July 2015.

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 2 July 2015, 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 95 (51.35%) Multithreading
2 92 (49.73%) Foreign Exchange (FX)
3 89 (48.11%) Java
4 70 (37.84%) C++
5 63 (34.05%) Front Office
6 61 (32.97%) Banking
7 50 (27.03%) Linux
8 43 (23.24%) Finance
9 42 (22.70%) C#
10 34 (18.38%) UNIX
11 31 (16.76%) Algorithmic Trading
12 25 (13.51%) FIX Protocol
12 25 (13.51%) Agile Software Development
13 23 (12.43%) Electronic Trading
14 22 (11.89%) OO
15 21 (11.35%) Investment Banking
16 20 (10.81%) Python
16 20 (10.81%) E-Commerce
16 20 (10.81%) Ultra-Low Latency
17 19 (10.27%) Fixed Income
18 16 (8.65%) Spring
19 15 (8.11%) SQL
20 14 (7.57%) TIBCO
20 14 (7.57%) WPF
21 13 (7.03%) Mathematics
21 13 (7.03%) TDD
21 13 (7.03%) Derivative
21 13 (7.03%) Equities
21 13 (7.03%) Cisco Certification
21 13 (7.03%) Multicast

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

For the 6 months to 2 July 2015, 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 4 (2.16%) MTS
2 2 (1.08%) WebSphere
2 2 (1.08%) Oracle Coherence
2 2 (1.08%) Confluence
2 2 (1.08%) Node.js
2 2 (1.08%) Apache Spark
3 1 (0.54%) Apache
Applications
1 3 (1.62%) MS Office
1 3 (1.62%) MS Excel
2 1 (0.54%) MS Project
Business Applications
1 6 (3.24%) ION MarketView
2 5 (2.70%) RMDS
Cloud Services
1 5 (2.70%) Amazon AWS
2 4 (2.16%) SaaS
2 4 (2.16%) PaaS
2 4 (2.16%) IaaS
3 2 (1.08%) Amazon ElastiCache
3 2 (1.08%) AWS CloudFormation
3 2 (1.08%) Amazon EC2
Communications & Networking
1 13 (7.03%) Multicast
2 9 (4.86%) Firewall
3 6 (3.24%) BGP
3 6 (3.24%) EIGRP
4 5 (2.70%) TCP/IP
5 4 (2.16%) OSPF
6 3 (1.62%) DNS
6 3 (1.62%) MPLS
6 3 (1.62%) VPLS
6 3 (1.62%) Network Security
7 1 (0.54%) Cisco ASA
7 1 (0.54%) AMQP
7 1 (0.54%) NetScaler
7 1 (0.54%) HSRP
7 1 (0.54%) F5 BIG-IP LTM
7 1 (0.54%) F5 BIG-IP GTM
7 1 (0.54%) DHCP
7 1 (0.54%) VRRP
7 1 (0.54%) IPsec
7 1 (0.54%) Spanning Tree
Database & Business Intelligence
1 9 (4.86%) KDB
2 4 (2.16%) SQL Server
2 4 (2.16%) MongoDB
3 3 (1.62%) Apache Cassandra
3 3 (1.62%) Hadoop
3 3 (1.62%) Big Data
3 3 (1.62%) Data Warehouse
4 2 (1.08%) PostgreSQL
4 2 (1.08%) Oracle Database 11g
4 2 (1.08%) Amazon RDS
4 2 (1.08%) Oracle Database
4 2 (1.08%) Relational Database
4 2 (1.08%) NoSQL
5 1 (0.54%) SQL Server 2008
5 1 (0.54%) RDBMS
5 1 (0.54%) OLAP
Development Applications
1 11 (5.95%) Maven
2 8 (4.32%) JIRA
3 5 (2.70%) Subversion
4 4 (2.16%) TeamCity
4 4 (2.16%) Jenkins
5 3 (1.62%) Git (software)
5 3 (1.62%) Ant
5 3 (1.62%) JUnit
6 2 (1.08%) Eclipse
6 2 (1.08%) Selenium
6 2 (1.08%) JMeter
6 2 (1.08%) NUnit
6 2 (1.08%) Rhino Mocks
6 2 (1.08%) Moq
6 2 (1.08%) JConsole
6 2 (1.08%) Cucumber
6 2 (1.08%) Hudson
7 1 (0.54%) SpecFlow
7 1 (0.54%) Mockito
7 1 (0.54%) IntelliJ
General
1 63 (34.05%) Front Office
2 61 (32.97%) Banking
3 43 (23.24%) Finance
4 21 (11.35%) Investment Banking
5 5 (2.70%) Telecoms
6 4 (2.16%) Financial Institution
7 3 (1.62%) Advertising
8 1 (0.54%) Publishing
8 1 (0.54%) Marketing
8 1 (0.54%) Legal
Job Titles
1 137 (74.05%) Developer
2 62 (33.51%) Java Developer
3 44 (23.78%) C++ Developer
4 26 (14.05%) Senior Developer
5 19 (10.27%) C# Developer
6 13 (7.03%) Network Engineer
6 13 (7.03%) Senior Java Developer
7 7 (3.78%) Senior C# Developer
7 7 (3.78%) Senior Network Engineer
8 6 (3.24%) DevOps Engineer
9 5 (2.70%) Senior WPF Developer
9 5 (2.70%) WPF Developer
9 5 (2.70%) Linux Engineer
9 5 (2.70%) Analyst
10 4 (2.16%) Software Developer
10 4 (2.16%) Programmer
10 4 (2.16%) Real Time Developer
10 4 (2.16%) C++/C# Developer
10 4 (2.16%) C# Software Developer
11 3 (1.62%) Linux DevOps Engineer
Libraries, Frameworks & Software Standards
1 25 (13.51%) FIX Protocol
2 16 (8.65%) Spring
3 14 (7.57%) WPF
4 12 (6.49%) .NET
5 10 (5.41%) STL
5 10 (5.41%) WCF
5 10 (5.41%) Boost C++ Libraries
6 9 (4.86%) TIBCO EMS
6 9 (4.86%) XML
7 8 (4.32%) JMS
7 8 (4.32%) Middleware
8 7 (3.78%) Ultra Messaging
9 6 (3.24%) Rendezvous
10 5 (2.70%) LINQ
10 5 (2.70%) Reactive Extensions
10 5 (2.70%) Hibernate
10 5 (2.70%) AngularJS
11 4 (2.16%) WinForms
11 4 (2.16%) ActiveMQ
11 4 (2.16%) JMX
Miscellaneous
1 92 (49.73%) Foreign Exchange (FX)
2 19 (10.27%) Fixed Income
3 13 (7.03%) Equities
3 13 (7.03%) Derivative
3 13 (7.03%) Mathematics
4 11 (5.95%) Computer Science
4 11 (5.95%) Analytical Skills
5 10 (5.41%) Algorithms
6 6 (3.24%) Data Structures
6 6 (3.24%) Physics
6 6 (3.24%) N-Tier
7 5 (2.70%) Data Centre
8 4 (2.16%) User Experience
8 4 (2.16%) Client/Server
8 4 (2.16%) Credit Risk
9 3 (1.62%) Equity Derivative
9 3 (1.62%) Spread Betting
10 2 (1.08%) Replication
10 2 (1.08%) Social Media
10 2 (1.08%) Hybrid Cloud
Operating Systems
1 50 (27.03%) Linux
2 34 (18.38%) UNIX
3 8 (4.32%) Windows
4 5 (2.70%) Red Hat Enterprise Linux
5 3 (1.62%) Solaris
6 1 (0.54%) Windows Server 2003
6 1 (0.54%) Windows Server 2012
Processes & Methodologies
1 95 (51.35%) Multithreading
2 31 (16.76%) Algorithmic Trading
3 25 (13.51%) Agile Software Development
4 23 (12.43%) Electronic Trading
5 22 (11.89%) OO
6 20 (10.81%) E-Commerce
6 20 (10.81%) Ultra-Low Latency
7 13 (7.03%) DevOps
7 13 (7.03%) TDD
8 12 (6.49%) Continuous Integration
9 10 (5.41%) FX Algorithmic Trading
9 10 (5.41%) Risk Management
10 9 (4.86%) OOD
10 9 (4.86%) Market Making
10 9 (4.86%) Memory Management
11 8 (4.32%) OOP
12 7 (3.78%) Unit Testing
13 6 (3.24%) Performance Tuning
13 6 (3.24%) Continuous Delivery
13 6 (3.24%) Concurrent Programming
Programming Languages
1 89 (48.11%) Java
2 70 (37.84%) C++
3 42 (22.70%) C#
4 20 (10.81%) Python
5 15 (8.11%) SQL
6 11 (5.95%) Perl
7 8 (4.32%) C
8 7 (3.78%) Scala
8 7 (3.78%) Shell Script
9 6 (3.24%) Ruby
9 6 (3.24%) Bash Shell
10 4 (2.16%) JavaScript
11 2 (1.08%) PL/SQL
12 1 (0.54%) PHP
12 1 (0.54%) Go
12 1 (0.54%) Groovy
Qualifications
1 13 (7.03%) Cisco Certification
2 12 (6.49%) CCNP
3 11 (5.95%) CCIE
3 11 (5.95%) Degree
4 3 (1.62%) PhD
5 2 (1.08%) CCNA
Quality Assurance & Compliance
1 2 (1.08%) ISO 9001
2 1 (0.54%) QA
System Software
1 6 (3.24%) VMware Infrastructure
2 3 (1.62%) Docker
3 1 (0.54%) Apache ZooKeeper
Systems Management
1 9 (4.86%) Puppet
2 7 (3.78%) Opscode Chef
3 6 (3.24%) ITRS Geneos
4 2 (1.08%) Ansible
4 2 (1.08%) Mesos
4 2 (1.08%) Vagrant
5 1 (0.54%) SCCM
5 1 (0.54%) SCOM
Vendors
1 14 (7.57%) TIBCO
2 11 (5.95%) Cisco
2 11 (5.95%) ION Trading
3 10 (5.41%) VMware
4 8 (4.32%) Bloomberg
5 6 (3.24%) Juniper
5 6 (3.24%) Oracle
6 5 (2.70%) Red Hat
6 5 (2.70%) CheckPoint
6 5 (2.70%) Reuters
6 5 (2.70%) Fortinet
6 5 (2.70%) F5
7 4 (2.16%) Tradeweb
7 4 (2.16%) Citrix
7 4 (2.16%) eSpeed
8 3 (1.62%) Blue Coat
8 3 (1.62%) Solace
8 3 (1.62%) Adobe
9 2 (1.08%) Fidessa
9 2 (1.08%) IBM
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