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 May 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 May 2016
Same period 2015 Same period 2014
Low Latency
Rank 94 130 123
Rank change year-on-year
+36 -7
Contract jobs citing Low Latency 60 71 86
As % of all contract IT jobs located in the City of London 1.81% 1.31% 1.44%
As % of the Processes & Methodologies category 2.13% 1.63% 1.79%
Number of daily rates quoted 60 63 72
Median daily rate £625 £625 £650
Median daily rate % change year-on-year
- -3.84%
90% offered a daily rate of more than £473 £500 £500
10% offered a daily rate of more than £728 £700 £700
UK excluding London median daily rate £475 £450 £380
% change year-on-year
+5.55% +18.42%
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
2819 4359 4793
As % of all contract IT jobs located in the City of London 85.09% 80.32% 80.02%
Number of daily rates quoted 2311 3428 3599
Median daily rate £475 £470 £450
Median daily rate % change year-on-year
+1.06% +4.44%
90% offered a daily rate of more than £325 £325 £300
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £400 £385 £375
% change year-on-year
+3.89% +2.66%
Number of hourly rates quoted 24 42 42
Median hourly rate £19.00 £25.00 £21.75
Median hourly rate % change year-on-year
-24.00% +14.94%
90% offered a hourly rate of more than £12.50 £13.50 £12.40
10% offered a hourly rate of more than £26.50 £95.00 £53.50
UK excluding London median hourly rate £33.75 £30.50 £30.00
% change year-on-year
+10.65% +1.66%

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 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 25 May 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 74 (59.20%) Java
2 68 (54.40%) Multithreading
3 56 (44.80%) Front Office
4 54 (43.20%) Linux
5 50 (40.00%) Finance
6 45 (36.00%) Foreign Exchange (FX)
7 44 (35.20%) Unix
7 44 (35.20%) C++
8 35 (28.00%) Banking
9 32 (25.60%) Algorithmic Trading
10 30 (24.00%) Electronic Trading
11 28 (22.40%) Agile Software Development
12 25 (20.00%) Analytical Skills
13 23 (18.40%) Fixed Income
13 23 (18.40%) OO
13 23 (18.40%) Algorithms
14 20 (16.00%) Degree
14 20 (16.00%) FIX Protocol
15 19 (15.20%) Data Structures
16 18 (14.40%) KDB
17 17 (13.60%) Market Making
18 16 (12.80%) TDD
18 16 (12.80%) PhD
18 16 (12.80%) E-Commerce
19 15 (12.00%) SQL
19 15 (12.00%) Oracle
19 15 (12.00%) Equities
19 15 (12.00%) Investment Banking
19 15 (12.00%) FX Algorithmic Trading
20 14 (11.20%) Spring

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 4 (3.20%) Oracle Coherence
2 1 (0.80%) Apache
2 1 (0.80%) Apache Spark
2 1 (0.80%) CMS
2 1 (0.80%) JBoss
2 1 (0.80%) Tomcat
2 1 (0.80%) WebSphere
Business Applications
1 5 (4.00%) ION MarketView
2 3 (2.40%) MetaTrader
2 3 (2.40%) RMDS
Cloud Services
1 7 (5.60%) Amazon AWS
2 3 (2.40%) Cloud Computing
3 2 (1.60%) Microsoft Azure
Communications & Networking
1 11 (8.80%) TCP/IP
2 4 (3.20%) DNS
3 3 (2.40%) BGP
3 3 (2.40%) LDAP
3 3 (2.40%) Multicast
4 2 (1.60%) Cisco ASA
4 2 (1.60%) Firewall
4 2 (1.60%) WAN
5 1 (0.80%) AMQP
5 1 (0.80%) DHCP
5 1 (0.80%) EIGRP
5 1 (0.80%) F5 BIG-IP GTM
5 1 (0.80%) F5 BIG-IP LTM
5 1 (0.80%) HSRP
5 1 (0.80%) LAN
5 1 (0.80%) NAS
5 1 (0.80%) OSPF
5 1 (0.80%) SAN
5 1 (0.80%) tcpdump
5 1 (0.80%) VRRP
Database & Business Intelligence
1 18 (14.40%) KDB
2 5 (4.00%) SQL Server
3 4 (3.20%) Big Data
3 4 (3.20%) Hadoop
4 2 (1.60%) OLAP
5 1 (0.80%) Apache Hive
5 1 (0.80%) Microsoft Analysis Services
5 1 (0.80%) SQL Server Analysis Services
5 1 (0.80%) SQL Server Integration Services
5 1 (0.80%) SQL Server Reporting Services
Development Applications
1 2 (1.60%) JUnit
2 1 (0.80%) Atlassian Bamboo
2 1 (0.80%) Emacs
2 1 (0.80%) JIRA
2 1 (0.80%) Mockito
General
1 56 (44.80%) Front Office
2 50 (40.00%) Finance
3 35 (28.00%) Banking
4 15 (12.00%) Investment Banking
5 3 (2.40%) Retail
6 1 (0.80%) Financial Institution
6 1 (0.80%) Games
6 1 (0.80%) Legal
6 1 (0.80%) Retail Banking
Job Titles
1 96 (76.80%) Developer
2 48 (38.40%) Java Developer
3 24 (19.20%) C++ Developer
4 21 (16.80%) Senior Developer
5 16 (12.80%) Senior Java Developer
6 7 (5.60%) Front Office Developer
7 6 (4.80%) Network Engineer
8 5 (4.00%) Architect
8 5 (4.00%) Low Latency Java Developer
9 4 (3.20%) Analyst
9 4 (3.20%) C# Developer
9 4 (3.20%) E-Commerce Developer
9 4 (3.20%) Java E-Commerce Developer
9 4 (3.20%) Senior Analyst
9 4 (3.20%) Senior C++ Developer
9 4 (3.20%) Software Engineer
10 3 (2.40%) Administrator
10 3 (2.40%) Platform Architect
10 3 (2.40%) Unix Administrator
10 3 (2.40%) Unix Systems Administrator
Libraries, Frameworks & Software Standards
1 20 (16.00%) FIX Protocol
2 14 (11.20%) Spring
3 8 (6.40%) Hibernate
4 7 (5.60%) Web Services
5 4 (3.20%) J2EE
6 3 (2.40%) .NET
6 3 (2.40%) AngularJS
6 3 (2.40%) HTML
6 3 (2.40%) HTML5
6 3 (2.40%) React
6 3 (2.40%) XML
7 2 (1.60%) JMS
7 2 (1.60%) Middleware
7 2 (1.60%) Spring Integration
7 2 (1.60%) Swing
7 2 (1.60%) WPF
7 2 (1.60%) XSD
7 2 (1.60%) XSLT
8 1 (0.80%) .NET Framework
8 1 (0.80%) Java SE
Miscellaneous
1 45 (36.00%) Foreign Exchange (FX)
2 25 (20.00%) Analytical Skills
3 23 (18.40%) Algorithms
3 23 (18.40%) Fixed Income
4 19 (15.20%) Data Structures
5 15 (12.00%) Equities
6 5 (4.00%) Data Centre
6 5 (4.00%) Derivative
6 5 (4.00%) Mathematics
7 4 (3.20%) Computer Science
8 2 (1.60%) Credit Derivative
8 2 (1.60%) Hedge funds
9 1 (0.80%) Client/Server
9 1 (0.80%) Equity Derivative
9 1 (0.80%) Fintech
9 1 (0.80%) Online Banking
9 1 (0.80%) Physics
9 1 (0.80%) Statistics
9 1 (0.80%) User Experience
Operating Systems
1 54 (43.20%) Linux
2 44 (35.20%) Unix
3 12 (9.60%) Windows
4 5 (4.00%) Red Hat Enterprise Linux
5 3 (2.40%) AIX
5 3 (2.40%) Solaris
5 3 (2.40%) Windows Server
Processes & Methodologies
1 68 (54.40%) Multithreading
2 32 (25.60%) Algorithmic Trading
3 30 (24.00%) Electronic Trading
4 28 (22.40%) Agile Software Development
5 23 (18.40%) OO
6 17 (13.60%) Market Making
7 16 (12.80%) E-Commerce
7 16 (12.80%) TDD
8 15 (12.00%) FX Algorithmic Trading
9 14 (11.20%) High Availability
9 14 (11.20%) OOD
10 11 (8.80%) Analytics
10 11 (8.80%) Concurrent Programming
11 9 (7.20%) Software Engineering
12 7 (5.60%) Kanban
12 7 (5.60%) Open Source
12 7 (5.60%) Risk Management
13 6 (4.80%) SDLC
14 5 (4.00%) Garbage Collection
14 5 (4.00%) Ultra-Low Latency
Programming Languages
1 74 (59.20%) Java
2 44 (35.20%) C++
3 15 (12.00%) SQL
4 13 (10.40%) Shell Script
5 12 (9.60%) C#
6 8 (6.40%) C
7 7 (5.60%) Python
8 5 (4.00%) Perl
9 4 (3.20%) JavaScript
10 3 (2.40%) Bash Shell
10 3 (2.40%) SystemTap
11 1 (0.80%) Groovy
11 1 (0.80%) R
11 1 (0.80%) Ruby
11 1 (0.80%) Scala
Qualifications
1 20 (16.00%) Degree
2 16 (12.80%) PhD
3 4 (3.20%) CCIE
3 4 (3.20%) Cisco Certification
4 3 (2.40%) CCNP
Quality Assurance & Compliance
1 3 (2.40%) QA
System Software
1 3 (2.40%) Active Directory
1 3 (2.40%) KVM
1 3 (2.40%) Oracle RAC
1 3 (2.40%) VMware Infrastructure
2 1 (0.80%) Docker
Systems Management
1 4 (3.20%) Ansible
1 4 (3.20%) Opscode Chef
1 4 (3.20%) Puppet
2 3 (2.40%) BladeLogic
2 3 (2.40%) Oracle ZFS
3 1 (0.80%) BMC PATROL
Vendors
1 15 (12.00%) Oracle
2 7 (5.60%) Cisco
2 7 (5.60%) HP
3 6 (4.80%) Dell
3 6 (4.80%) Juniper
4 5 (4.00%) ION Trading
4 5 (4.00%) Red Hat
5 4 (3.20%) F5
5 4 (3.20%) IBM
6 3 (2.40%) Bloomberg
6 3 (2.40%) Citrix
6 3 (2.40%) Hortonworks
6 3 (2.40%) Reuters
6 3 (2.40%) Sun
6 3 (2.40%) VMware
7 2 (1.60%) StreamBase
7 2 (1.60%) Sybase
8 1 (0.80%) Microsoft
8 1 (0.80%) Palo Alto
8 1 (0.80%) Solace
City, London
Oliver Bernard
Rate: £500 - £550 per day
Posted: 5 days ago
City, London
Quant Capital
Rate: From £400 to £500 per day
Posted: 5 days ago
City of London
iKas International
Posted: 20 days ago