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 26 July 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
26 Jul 2016
Same period 2015 Same period 2014
Low Latency
Rank 110 118 89
Rank change year-on-year
+8 -29
Contract jobs citing Low Latency 56 96 127
As % of all contract IT jobs located in the City of London 1.65% 1.62% 2.19%
As % of the Processes & Methodologies category 1.93% 2.01% 2.72%
Number of daily rates quoted 55 89 103
Median daily rate £600 £625 £625
Median daily rate % change year-on-year
-4.00% -
90% offered a daily rate of more than £475 £500 £527
10% offered a daily rate of more than £750 £725 £700
UK excluding London median daily rate £488 £475 £360
% change year-on-year
+2.63% +31.94%
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
2908 4779 4673
As % of all contract IT jobs located in the City of London 85.45% 80.70% 80.51%
Number of daily rates quoted 2377 3787 3469
Median daily rate £475 £468 £450
Median daily rate % change year-on-year
+1.60% +3.88%
90% offered a daily rate of more than £338 £325 £310
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 16 47 47
Median hourly rate £12.50 £22.50 £22.00
Median hourly rate % change year-on-year
-44.44% +2.27%
UK excluding London median hourly rate £30.00 £30.50 £26.98
% change year-on-year
-1.63% +13.06%

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 26 July 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 26 July 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 64 (56.14%) Java
2 50 (43.86%) Multithreading
3 48 (42.11%) Linux
4 47 (41.23%) Finance
5 42 (36.84%) Front Office
6 40 (35.09%) Unix
7 35 (30.70%) Foreign Exchange (FX)
8 34 (29.82%) Banking
9 31 (27.19%) Agile Software Development
10 28 (24.56%) Algorithmic Trading
10 28 (24.56%) C++
11 23 (20.18%) OO
11 23 (20.18%) Analytical Skills
12 22 (19.30%) E-Commerce
13 19 (16.67%) C#
14 18 (15.79%) Fixed Income
14 18 (15.79%) Electronic Trading
15 17 (14.91%) KDB
15 17 (14.91%) TDD
15 17 (14.91%) Degree
16 16 (14.04%) Oracle
16 16 (14.04%) Algorithms
17 15 (13.16%) FIX Protocol
18 14 (12.28%) Investment Banking
18 14 (12.28%) Amazon AWS
18 14 (12.28%) Analytics
18 14 (12.28%) OOD
19 13 (11.40%) PhD
19 13 (11.40%) SQL
19 13 (11.40%) Windows

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 1 (0.88%) Apache Spark
1 1 (0.88%) CMS
1 1 (0.88%) Oracle Coherence
1 1 (0.88%) SAS
1 1 (0.88%) Tomcat
Applications
1 1 (0.88%) MS Excel
Business Applications
1 2 (1.75%) ION MarketView
2 1 (0.88%) MetaTrader
Cloud Services
1 14 (12.28%) Amazon AWS
2 4 (3.51%) Cloud Computing
3 2 (1.75%) Microsoft Azure
3 2 (1.75%) PaaS
Communications & Networking
1 5 (4.39%) Firewall
1 5 (4.39%) LDAP
1 5 (4.39%) TCP/IP
2 4 (3.51%) DNS
3 3 (2.63%) BGP
3 3 (2.63%) Multicast
3 3 (2.63%) WAN
4 2 (1.75%) Cisco ASA
4 2 (1.75%) LAN
5 1 (0.88%) EIGRP
5 1 (0.88%) Ethernet
5 1 (0.88%) Extranet
5 1 (0.88%) Internet
5 1 (0.88%) IPsec
5 1 (0.88%) MPLS
5 1 (0.88%) Network Security
5 1 (0.88%) OSPF
5 1 (0.88%) SAN
5 1 (0.88%) SNMP
5 1 (0.88%) VPN
Database & Business Intelligence
1 17 (14.91%) KDB
2 6 (5.26%) Big Data
2 6 (5.26%) Hadoop
2 6 (5.26%) SQL Server
3 1 (0.88%) Apache Hive
3 1 (0.88%) DB2
3 1 (0.88%) OLAP
Development Applications
1 1 (0.88%) Atlassian Bamboo
1 1 (0.88%) Eclipse
1 1 (0.88%) IntelliJ
1 1 (0.88%) JIRA
1 1 (0.88%) JUnit
1 1 (0.88%) Maven
1 1 (0.88%) Mockito
1 1 (0.88%) Visual Studio
General
1 47 (41.23%) Finance
2 42 (36.84%) Front Office
3 34 (29.82%) Banking
4 14 (12.28%) Investment Banking
5 1 (0.88%) Financial Institution
5 1 (0.88%) Games
Job Titles
1 81 (71.05%) Developer
2 41 (35.96%) Java Developer
3 23 (20.18%) Senior Developer
4 18 (15.79%) Senior Java Developer
5 17 (14.91%) C++ Developer
6 14 (12.28%) Low Latency Java Developer
7 9 (7.89%) E-Commerce Developer
7 9 (7.89%) Java E-Commerce Developer
8 8 (7.02%) Core Java Developer
9 7 (6.14%) Architect
9 7 (6.14%) AWS Developer
9 7 (6.14%) C# Developer
9 7 (6.14%) Cloud Developer
9 7 (6.14%) Senior E-Commerce Developer
10 6 (5.26%) Administrator
10 6 (5.26%) Front Office Developer
10 6 (5.26%) Network Engineer
10 6 (5.26%) Systems Administrator
10 6 (5.26%) Unix Administrator
10 6 (5.26%) Unix Systems Administrator
Libraries, Frameworks & Software Standards
1 15 (13.16%) FIX Protocol
2 11 (9.65%) Web Services
3 10 (8.77%) Spring
4 5 (4.39%) AngularJS
4 5 (4.39%) Hibernate
5 3 (2.63%) CSS
5 3 (2.63%) CSS3
5 3 (2.63%) HTML
5 3 (2.63%) HTML5
5 3 (2.63%) React
6 2 (1.75%) .NET
6 2 (1.75%) JMS
6 2 (1.75%) Middleware
6 2 (1.75%) Spring Integration
6 2 (1.75%) Swing
6 2 (1.75%) WPF
6 2 (1.75%) XML
7 1 (0.88%) ASP.NET
7 1 (0.88%) Rendezvous
7 1 (0.88%) XSD
Miscellaneous
1 35 (30.70%) Foreign Exchange (FX)
2 23 (20.18%) Analytical Skills
3 18 (15.79%) Fixed Income
4 16 (14.04%) Algorithms
5 12 (10.53%) Data Structures
6 11 (9.65%) Equities
6 11 (9.65%) Mathematics
7 8 (7.02%) Data Centre
8 3 (2.63%) Computer Science
8 3 (2.63%) Derivative
9 2 (1.75%) Credit Derivative
9 2 (1.75%) Hedge funds
9 2 (1.75%) Statistics
9 2 (1.75%) User Experience
10 1 (0.88%) Clustering
10 1 (0.88%) Distributed Denial-of-Service
10 1 (0.88%) Fintech
10 1 (0.88%) Virtual Team
10 1 (0.88%) Visualisation
Operating Systems
1 48 (42.11%) Linux
2 40 (35.09%) Unix
3 13 (11.40%) Windows
4 10 (8.77%) Red Hat Enterprise Linux
5 9 (7.89%) Solaris
6 7 (6.14%) AIX
7 6 (5.26%) Windows Server
8 2 (1.75%) SUSE Linux Enterprise Server
9 1 (0.88%) SUSE
Processes & Methodologies
1 50 (43.86%) Multithreading
2 31 (27.19%) Agile Software Development
3 28 (24.56%) Algorithmic Trading
4 23 (20.18%) OO
5 22 (19.30%) E-Commerce
6 18 (15.79%) Electronic Trading
7 17 (14.91%) TDD
8 14 (12.28%) Analytics
8 14 (12.28%) OOD
9 13 (11.40%) High Availability
10 12 (10.53%) Kanban
10 12 (10.53%) Market Making
11 11 (9.65%) Concurrent Programming
11 11 (9.65%) FX Algorithmic Trading
11 11 (9.65%) Garbage Collection
12 9 (7.89%) ITIL
12 9 (7.89%) Open Source
13 6 (5.26%) SDLC
13 6 (5.26%) Software Engineering
14 5 (4.39%) Performance Tuning
Programming Languages
1 64 (56.14%) Java
2 28 (24.56%) C++
3 19 (16.67%) C#
4 13 (11.40%) Shell Script
4 13 (11.40%) SQL
5 6 (5.26%) SystemTap
6 5 (4.39%) Python
7 3 (2.63%) JavaScript
7 3 (2.63%) Perl
7 3 (2.63%) Ruby
8 2 (1.75%) C
9 1 (0.88%) Bash Shell
9 1 (0.88%) Groovy
9 1 (0.88%) Scala
Qualifications
1 17 (14.91%) Degree
2 13 (11.40%) PhD
3 4 (3.51%) CCIE
3 4 (3.51%) CCNP
3 4 (3.51%) Cisco Certification
4 1 (0.88%) CCDA
Quality Assurance & Compliance
1 1 (0.88%) MiFID
1 1 (0.88%) QA
System Software
1 5 (4.39%) Active Directory
1 5 (4.39%) KVM
1 5 (4.39%) Oracle RAC
1 5 (4.39%) VMware Infrastructure
2 1 (0.88%) Docker
2 1 (0.88%) Veritas Cluster Server
Systems Management
1 8 (7.02%) Puppet
2 6 (5.26%) Ansible
2 6 (5.26%) Opscode Chef
2 6 (5.26%) Oracle ZFS
3 5 (4.39%) BladeLogic
4 1 (0.88%) BMC PATROL
4 1 (0.88%) ITRS Geneos
Vendors
1 16 (14.04%) Oracle
2 12 (10.53%) HP
3 11 (9.65%) Dell
4 8 (7.02%) Red Hat
5 7 (6.14%) Cisco
6 6 (5.26%) Juniper
7 5 (4.39%) Bloomberg
7 5 (4.39%) Citrix
7 5 (4.39%) IBM
7 5 (4.39%) Reuters
7 5 (4.39%) Sun
7 5 (4.39%) VMware
8 4 (3.51%) Hortonworks
9 3 (2.63%) F5
10 2 (1.75%) ION Trading
10 2 (1.75%) StreamBase
11 1 (0.88%) DevExpress
11 1 (0.88%) Microsoft
11 1 (0.88%) Splunk
11 1 (0.88%) TIBCO
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