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 August 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 Aug 2016
Same period 2015 Same period 2014
Low Latency
Rank 125 116 85
Rank change year-on-year
-9 -31
Contract jobs citing Low Latency 53 90 136
As % of all contract IT jobs located in the City of London 1.51% 1.65% 2.31%
As % of the Processes & Methodologies category 1.75% 2.01% 2.89%
Number of daily rates quoted 52 83 108
Median daily rate £600 £640 £650
Median daily rate % change year-on-year
-6.25% -1.53%
90% offered a daily rate of more than £414 £500 £550
10% offered a daily rate of more than £700 £745 £700
UK excluding London median daily rate £475 £475 £375
% change year-on-year
- +26.66%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
3034 4482 4708
As % of all contract IT jobs located in the City of London 86.36% 81.95% 79.85%
Number of daily rates quoted 2436 3543 3495
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £350 £325 £313
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 18 43 47
Median hourly rate £17.25 £21.75 £22.00
Median hourly rate % change year-on-year
-20.68% -1.13%
90% offered a hourly rate of more than £12.50 £13.00 £16.10
10% offered a hourly rate of more than £49.01 £40.00 £36.50
UK excluding London median hourly rate £30.00 £33.00 £25.75
% change year-on-year
-9.09% +28.15%

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 August 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 August 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 58 (50.43%) Java
2 48 (41.74%) Finance
3 46 (40.00%) Linux
4 45 (39.13%) Multithreading
5 42 (36.52%) Banking
6 36 (31.30%) Front Office
6 36 (31.30%) Agile Software Development
7 35 (30.43%) Unix
7 35 (30.43%) Foreign Exchange (FX)
8 29 (25.22%) Algorithmic Trading
9 23 (20.00%) E-Commerce
10 22 (19.13%) TDD
11 21 (18.26%) C++
12 20 (17.39%) C#
13 19 (16.52%) OO
14 18 (15.65%) HP
14 18 (15.65%) Electronic Trading
14 18 (15.65%) Investment Banking
14 18 (15.65%) Analytical Skills
15 17 (14.78%) Amazon AWS
15 17 (14.78%) Oracle
16 16 (13.91%) Puppet
17 14 (12.17%) Kanban
17 14 (12.17%) Windows
18 13 (11.30%) SQL
18 13 (11.30%) Shell Script
18 13 (11.30%) Cisco
18 13 (11.30%) Fixed Income
18 13 (11.30%) KDB
18 13 (11.30%) Degree

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 (0.87%) Apache Spark
1 1 (0.87%) Elasticsearch
1 1 (0.87%) Oracle Coherence
1 1 (0.87%) SAS
1 1 (0.87%) Tomcat
Applications
1 1 (0.87%) MS Excel
Business Applications
1 1 (0.87%) ION MarketView
1 1 (0.87%) MetaTrader
Cloud Services
1 17 (14.78%) Amazon AWS
2 4 (3.48%) Cloud Computing
2 4 (3.48%) Microsoft Azure
3 2 (1.74%) PaaS
Communications & Networking
1 5 (4.35%) Firewall
1 5 (4.35%) LDAP
2 4 (3.48%) DNS
2 4 (3.48%) TCP/IP
3 3 (2.61%) BGP
3 3 (2.61%) Multicast
3 3 (2.61%) WAN
4 2 (1.74%) Cisco ASA
4 2 (1.74%) Internet
4 2 (1.74%) LAN
5 1 (0.87%) Cisco IOS
5 1 (0.87%) Ethernet
5 1 (0.87%) Extranet
5 1 (0.87%) Junos
5 1 (0.87%) NAS
5 1 (0.87%) Network Security
5 1 (0.87%) NGN
5 1 (0.87%) SAN
5 1 (0.87%) SNMP
5 1 (0.87%) VPN
Database & Business Intelligence
1 13 (11.30%) KDB
2 7 (6.09%) Hadoop
3 6 (5.22%) Big Data
3 6 (5.22%) SQL Server
4 4 (3.48%) Kdb+
5 1 (0.87%) Apache Hive
5 1 (0.87%) DB2
5 1 (0.87%) NoSQL
Development Applications
1 3 (2.61%) Git (software)
1 3 (2.61%) Jenkins
2 1 (0.87%) Atlassian Bamboo
2 1 (0.87%) Bower
2 1 (0.87%) Eclipse
2 1 (0.87%) Grunt
2 1 (0.87%) IntelliJ
2 1 (0.87%) JIRA
2 1 (0.87%) JUnit
2 1 (0.87%) Maven
2 1 (0.87%) Mockito
2 1 (0.87%) Vagrant
2 1 (0.87%) Visual Studio
General
1 48 (41.74%) Finance
2 42 (36.52%) Banking
3 36 (31.30%) Front Office
4 18 (15.65%) Investment Banking
5 1 (0.87%) Financial Institution
5 1 (0.87%) Games
Job Titles
1 74 (64.35%) Developer
2 37 (32.17%) Java Developer
3 23 (20.00%) Senior Developer
4 17 (14.78%) Senior Java Developer
5 15 (13.04%) Algorithmic Trading Developer
6 13 (11.30%) C++ Developer
6 13 (11.30%) Low Latency Java Developer
7 9 (7.83%) Administrator
7 9 (7.83%) C# Developer
7 9 (7.83%) Core Java Developer
7 9 (7.83%) E-Commerce Developer
7 9 (7.83%) Java Developer - Algorithmic Trading
8 8 (6.96%) Architect
8 8 (6.96%) AWS Developer
8 8 (6.96%) Java E-Commerce Developer
8 8 (6.96%) Systems Administrator
9 7 (6.09%) Cloud Developer
9 7 (6.09%) Linux Engineer
9 7 (6.09%) Senior E-Commerce Developer
10 6 (5.22%) Senior Linux Engineer
Libraries, Frameworks & Software Standards
1 12 (10.43%) FIX Protocol
2 11 (9.57%) AngularJS
2 11 (9.57%) Web Services
3 10 (8.70%) HTML
3 10 (8.70%) HTML5
4 6 (5.22%) CSS
4 6 (5.22%) CSS3
5 5 (4.35%) Spring
5 5 (4.35%) Swing
6 4 (3.48%) Hibernate
6 4 (3.48%) Middleware
7 3 (2.61%) Node.js
8 2 (1.74%) .NET
8 2 (1.74%) Django
8 2 (1.74%) JavaFX
8 2 (1.74%) WPF
9 1 (0.87%) ASP.NET
9 1 (0.87%) JSP
9 1 (0.87%) Struts
9 1 (0.87%) XML
Miscellaneous
1 35 (30.43%) Foreign Exchange (FX)
2 18 (15.65%) Analytical Skills
3 13 (11.30%) Fixed Income
4 12 (10.43%) Mathematics
5 11 (9.57%) Algorithms
6 9 (7.83%) Equities
7 8 (6.96%) Data Centre
8 7 (6.09%) Data Structures
9 4 (3.48%) Computer Science
10 2 (1.74%) Clustering
10 2 (1.74%) Fintech
10 2 (1.74%) Statistics
10 2 (1.74%) User Experience
10 2 (1.74%) Virtual Team
11 1 (0.87%) Credit Derivative
11 1 (0.87%) Derivative
11 1 (0.87%) Distributed Denial-of-Service
11 1 (0.87%) Hedge funds
11 1 (0.87%) Visualisation
Operating Systems
1 46 (40.00%) Linux
2 35 (30.43%) Unix
3 14 (12.17%) Windows
4 10 (8.70%) Red Hat Enterprise Linux
4 10 (8.70%) Solaris
5 8 (6.96%) AIX
6 6 (5.22%) Windows Server
7 3 (2.61%) SUSE Linux Enterprise Server
8 2 (1.74%) SUSE
Processes & Methodologies
1 45 (39.13%) Multithreading
2 36 (31.30%) Agile Software Development
3 29 (25.22%) Algorithmic Trading
4 23 (20.00%) E-Commerce
5 22 (19.13%) TDD
6 19 (16.52%) OO
7 18 (15.65%) Electronic Trading
8 14 (12.17%) Kanban
9 13 (11.30%) Analytics
10 12 (10.43%) Garbage Collection
10 12 (10.43%) High Availability
11 11 (9.57%) Concurrent Programming
12 10 (8.70%) ITIL
12 10 (8.70%) OOD
13 8 (6.96%) Continuous Integration
13 8 (6.96%) Open Source
14 7 (6.09%) DevOps
14 7 (6.09%) Market Making
15 6 (5.22%) FX Algorithmic Trading
15 6 (5.22%) Microservices
Programming Languages
1 58 (50.43%) Java
2 21 (18.26%) C++
3 20 (17.39%) C#
4 13 (11.30%) Shell Script
4 13 (11.30%) SQL
5 11 (9.57%) Python
6 10 (8.70%) JavaScript
7 6 (5.22%) SystemTap
8 4 (3.48%) Ruby
9 3 (2.61%) Perl
10 2 (1.74%) C
10 2 (1.74%) Scala
11 1 (0.87%) TypeScript
Qualifications
1 13 (11.30%) Degree
2 8 (6.96%) PhD
3 4 (3.48%) CCIE
3 4 (3.48%) CCNP
3 4 (3.48%) Cisco Certification
4 1 (0.87%) CCDA
Quality Assurance & Compliance
1 2 (1.74%) MiFID
2 1 (0.87%) QA
System Software
1 8 (6.96%) VMware Infrastructure
2 5 (4.35%) Active Directory
2 5 (4.35%) KVM
2 5 (4.35%) Oracle RAC
3 3 (2.61%) Docker
4 2 (1.74%) Veritas Cluster Server
Systems Management
1 16 (13.91%) Puppet
2 6 (5.22%) Ansible
2 6 (5.22%) Opscode Chef
2 6 (5.22%) Oracle ZFS
3 5 (4.35%) BladeLogic
4 4 (3.48%) ITRS Geneos
5 1 (0.87%) BMC PATROL
5 1 (0.87%) Grafana
5 1 (0.87%) Kibana
5 1 (0.87%) logstash
Vendors
1 18 (15.65%) HP
2 17 (14.78%) Oracle
3 13 (11.30%) Cisco
4 11 (9.57%) Dell
4 11 (9.57%) IBM
5 8 (6.96%) VMware
6 7 (6.09%) Red Hat
7 6 (5.22%) CheckPoint
7 6 (5.22%) Fortinet
7 6 (5.22%) Juniper
8 5 (4.35%) Bloomberg
8 5 (4.35%) Citrix
8 5 (4.35%) Reuters
8 5 (4.35%) Sun
9 4 (3.48%) Hortonworks
10 3 (2.61%) F5
11 2 (1.74%) EMC
11 2 (1.74%) Splunk
11 2 (1.74%) Veritas
12 1 (0.87%) BMC
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