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 25 June 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
25 Jun 2016
Same period 2015 Same period 2014
Low Latency
Rank 104 119 107
Rank change year-on-year
+15 -12
Contract jobs citing Low Latency 60 83 103
As % of all contract IT jobs located in the City of London 1.81% 1.43% 1.72%
As % of the Processes & Methodologies category 2.13% 1.78% 2.15%
Number of daily rates quoted 59 78 83
Median daily rate £625 £625 £600
Median daily rate % change year-on-year
- +4.16%
90% offered a daily rate of more than £495 £500 £500
10% offered a daily rate of more than £750 £725 £700
UK excluding London median daily rate £475 £475 £400
% change year-on-year
- +18.75%
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 City of London region.

Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
2818 4659 4801
As % of all contract IT jobs located in the City of London 84.83% 80.04% 80.14%
Number of daily rates quoted 2310 3662 3609
Median daily rate £475 £463 £450
Median daily rate % change year-on-year
+2.70% +2.77%
90% offered a daily rate of more than £338 £325 £300
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 22 52 39
Median hourly rate £19.00 £24.50 £21.50
Median hourly rate % change year-on-year
-22.44% +13.95%
90% offered a hourly rate of more than £12.50 £14.85 £12.50
10% offered a hourly rate of more than £31.50 £57.60 £53.50
UK excluding London median hourly rate £28.50 £30.00 £29.50
% change year-on-year
-5.00% +1.69%

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 25 June 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 25 June 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 68 (57.14%) Java
2 57 (47.90%) Multithreading
3 52 (43.70%) Linux
4 50 (42.02%) Finance
5 47 (39.50%) Front Office
6 41 (34.45%) Unix
7 40 (33.61%) Foreign Exchange (FX)
8 36 (30.25%) C++
9 34 (28.57%) Banking
10 31 (26.05%) Agile Software Development
11 29 (24.37%) Algorithmic Trading
12 25 (21.01%) Electronic Trading
12 25 (21.01%) Analytical Skills
13 22 (18.49%) OO
13 22 (18.49%) Fixed Income
14 20 (16.81%) E-Commerce
14 20 (16.81%) Degree
15 18 (15.13%) TDD
15 18 (15.13%) KDB
15 18 (15.13%) Algorithms
16 17 (14.29%) FIX Protocol
16 17 (14.29%) C#
17 16 (13.45%) Investment Banking
18 15 (12.61%) PhD
18 15 (12.61%) Market Making
19 14 (11.76%) Data Structures
19 14 (11.76%) OOD
19 14 (11.76%) SQL
19 14 (11.76%) Windows
20 13 (10.92%) Shell Script

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 2 (1.68%) Oracle Coherence
2 1 (0.84%) Apache Spark
2 1 (0.84%) CMS
2 1 (0.84%) SAS
Business Applications
1 4 (3.36%) ION MarketView
2 3 (2.52%) MetaTrader
3 2 (1.68%) RMDS
Cloud Services
1 11 (9.24%) Amazon AWS
2 3 (2.52%) Cloud Computing
3 2 (1.68%) Microsoft Azure
3 2 (1.68%) PaaS
Communications & Networking
1 9 (7.56%) TCP/IP
2 4 (3.36%) BGP
2 4 (3.36%) DNS
2 4 (3.36%) Firewall
2 4 (3.36%) LDAP
2 4 (3.36%) Multicast
3 3 (2.52%) WAN
4 2 (1.68%) Cisco ASA
4 2 (1.68%) EIGRP
4 2 (1.68%) IPsec
4 2 (1.68%) LAN
4 2 (1.68%) OSPF
5 1 (0.84%) Cisco IOS
5 1 (0.84%) HSRP
5 1 (0.84%) Junos
5 1 (0.84%) MPLS
5 1 (0.84%) NAS
5 1 (0.84%) Network Security
5 1 (0.84%) NGN
5 1 (0.84%) tcpdump
Database & Business Intelligence
1 18 (15.13%) KDB
2 5 (4.20%) SQL Server
3 4 (3.36%) Big Data
3 4 (3.36%) Hadoop
4 2 (1.68%) OLAP
5 1 (0.84%) Apache Hive
5 1 (0.84%) Microsoft Analysis Services
5 1 (0.84%) SQL Server Analysis Services
5 1 (0.84%) SQL Server Integration Services
5 1 (0.84%) SQL Server Reporting Services
Development Applications
1 2 (1.68%) JUnit
2 1 (0.84%) Atlassian Bamboo
2 1 (0.84%) Emacs
2 1 (0.84%) JIRA
2 1 (0.84%) Mockito
General
1 50 (42.02%) Finance
2 47 (39.50%) Front Office
3 34 (28.57%) Banking
4 16 (13.45%) Investment Banking
5 3 (2.52%) Retail
6 2 (1.68%) Financial Institution
7 1 (0.84%) Games
7 1 (0.84%) Legal
7 1 (0.84%) Retail Banking
Job Titles
1 86 (72.27%) Developer
2 43 (36.13%) Java Developer
3 22 (18.49%) Senior Developer
4 21 (17.65%) C++ Developer
5 17 (14.29%) Senior Java Developer
6 11 (9.24%) Low Latency Java Developer
7 8 (6.72%) E-Commerce Developer
7 8 (6.72%) Java E-Commerce Developer
8 7 (5.88%) Network Engineer
9 6 (5.04%) AWS Developer
9 6 (5.04%) Cloud Developer
9 6 (5.04%) Core Java Developer
9 6 (5.04%) Front Office Developer
9 6 (5.04%) Senior E-Commerce Developer
10 5 (4.20%) Administrator
10 5 (4.20%) Architect
10 5 (4.20%) C# Developer
10 5 (4.20%) Systems Administrator
10 5 (4.20%) Unix Administrator
10 5 (4.20%) Unix Systems Administrator
Libraries, Frameworks & Software Standards
1 17 (14.29%) FIX Protocol
2 11 (9.24%) Spring
3 10 (8.40%) Web Services
4 6 (5.04%) Hibernate
5 3 (2.52%) AngularJS
5 3 (2.52%) React
5 3 (2.52%) XML
6 2 (1.68%) .NET
6 2 (1.68%) JMS
6 2 (1.68%) Middleware
6 2 (1.68%) Spring Integration
6 2 (1.68%) Swing
6 2 (1.68%) WPF
6 2 (1.68%) XSD
6 2 (1.68%) XSLT
7 1 (0.84%) CSS
7 1 (0.84%) HTML
7 1 (0.84%) J2EE
7 1 (0.84%) JSP
7 1 (0.84%) Rendezvous
Miscellaneous
1 40 (33.61%) Foreign Exchange (FX)
2 25 (21.01%) Analytical Skills
3 22 (18.49%) Fixed Income
4 18 (15.13%) Algorithms
5 14 (11.76%) Data Structures
6 13 (10.92%) Equities
7 10 (8.40%) Mathematics
8 6 (5.04%) Data Centre
9 5 (4.20%) Computer Science
10 4 (3.36%) Derivative
11 2 (1.68%) Credit Derivative
11 2 (1.68%) Hedge funds
11 2 (1.68%) Statistics
12 1 (0.84%) Client/Server
12 1 (0.84%) Clustering
12 1 (0.84%) Distributed Denial-of-Service
12 1 (0.84%) Equity Derivative
12 1 (0.84%) Fintech
12 1 (0.84%) Online Banking
12 1 (0.84%) Physics
Operating Systems
1 52 (43.70%) Linux
2 41 (34.45%) Unix
3 14 (11.76%) Windows
4 8 (6.72%) Red Hat Enterprise Linux
5 6 (5.04%) Solaris
6 4 (3.36%) AIX
6 4 (3.36%) Windows Server
7 1 (0.84%) SUSE
7 1 (0.84%) SUSE Linux Enterprise Server
Processes & Methodologies
1 57 (47.90%) Multithreading
2 31 (26.05%) Agile Software Development
3 29 (24.37%) Algorithmic Trading
4 25 (21.01%) Electronic Trading
5 22 (18.49%) OO
6 20 (16.81%) E-Commerce
7 18 (15.13%) TDD
8 15 (12.61%) Market Making
9 14 (11.76%) OOD
10 13 (10.92%) Analytics
10 13 (10.92%) FX Algorithmic Trading
11 12 (10.08%) Concurrent Programming
11 12 (10.08%) High Availability
12 11 (9.24%) Kanban
13 10 (8.40%) Garbage Collection
14 9 (7.56%) Open Source
15 7 (5.88%) ITIL
16 6 (5.04%) SDLC
16 6 (5.04%) Software Engineering
17 5 (4.20%) Ultra-Low Latency
Programming Languages
1 68 (57.14%) Java
2 36 (30.25%) C++
3 17 (14.29%) C#
4 14 (11.76%) SQL
5 13 (10.92%) Shell Script
6 6 (5.04%) Python
7 5 (4.20%) SystemTap
8 4 (3.36%) C
9 3 (2.52%) Perl
9 3 (2.52%) Ruby
10 2 (1.68%) JavaScript
11 1 (0.84%) Bash Shell
11 1 (0.84%) Groovy
11 1 (0.84%) R
11 1 (0.84%) Scala
Qualifications
1 20 (16.81%) Degree
2 15 (12.61%) PhD
3 5 (4.20%) CCIE
3 5 (4.20%) Cisco Certification
4 4 (3.36%) CCNP
5 1 (0.84%) CCDA
Quality Assurance & Compliance
1 1 (0.84%) MiFID
1 1 (0.84%) QA
System Software
1 4 (3.36%) KVM
2 3 (2.52%) Active Directory
2 3 (2.52%) Oracle RAC
2 3 (2.52%) VMware Infrastructure
3 1 (0.84%) Docker
3 1 (0.84%) Veritas Cluster Server
Systems Management
1 7 (5.88%) Puppet
2 5 (4.20%) Ansible
2 5 (4.20%) Opscode Chef
2 5 (4.20%) Oracle ZFS
3 4 (3.36%) BladeLogic
4 1 (0.84%) BMC PATROL
4 1 (0.84%) ITRS Geneos
Vendors
1 12 (10.08%) Oracle
2 9 (7.56%) HP
3 8 (6.72%) Cisco
3 8 (6.72%) Dell
4 7 (5.88%) Juniper
4 7 (5.88%) Red Hat
5 4 (3.36%) F5
5 4 (3.36%) ION Trading
5 4 (3.36%) Sun
6 3 (2.52%) Bloomberg
6 3 (2.52%) Citrix
6 3 (2.52%) Hortonworks
6 3 (2.52%) IBM
6 3 (2.52%) Reuters
6 3 (2.52%) VMware
7 2 (1.68%) Microsoft
7 2 (1.68%) StreamBase
8 1 (0.84%) Aruba
8 1 (0.84%) EMC
8 1 (0.84%) Splunk
City of London
iKas International
Posted: 2 days ago
City of London
iKas International
Rate: £600 - £700 per day
Posted: 23 hours ago
City, London
Total Recruitment Specialists Limited / TRG / Total recruitment group
Rate: £500 Per Day Plus Excellent Benefits
Posted: 4 days ago
City, London
TEKsystems
Rate: £650 - £850 per day
Posted: Yesterday