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 20 February 2017 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
20 Feb 2017
Same period 2016 Same period 2015
Low Latency
London / City of London
Rank 84 88 87
Rank change year-on-year
+4 -1
Contract jobs citing Low Latency 66 64 116
As % of all contract IT jobs located in the City of London 2.23% 2.04% 2.24%
As % of the Processes & Methodologies category 2.63% 2.35% 2.70%
Number of daily rates quoted 62 58 107
Median daily rate £625 £625 £588
Median daily rate % change year-on-year
- +6.38%
90% offered a daily rate of more than £453 £496 £413
10% offered a daily rate of more than £723 £725 £660
UK excluding London median daily rate £425 £475 £625
% change year-on-year
-10.52% -24.00%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £40.00 -

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
2505 2719 4290
As % of all contract IT jobs located in the City of London 84.54% 86.65% 82.74%
Number of daily rates quoted 1979 2157 3349
Median daily rate £500 £475 £450
Median daily rate % change year-on-year
+5.26% +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 £408 £400 £400
% change year-on-year
+2.00% -
Number of hourly rates quoted 14 30 33
Median hourly rate £21.75 £22.00 £23.50
Median hourly rate % change year-on-year
-1.13% -6.38%
90% offered a hourly rate of more than £13.50 £13.00 £13.55
10% offered a hourly rate of more than £80.00 £53.00 £45.50
UK excluding London median hourly rate £35.88 £40.00 £27.50
% change year-on-year
-10.31% +45.45%

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 20 February 2017.

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 20 February 2017, 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 62 (47.69%) Finance
2 56 (43.08%) Multithreading
3 54 (41.54%) Java
4 46 (35.38%) Banking
5 41 (31.54%) Unix
6 40 (30.77%) Foreign Exchange (FX)
7 38 (29.23%) C++
8 34 (26.15%) Front Office
8 34 (26.15%) High Availability
9 32 (24.62%) Linux
10 31 (23.85%) Electronic Trading
11 28 (21.54%) Investment Banking
12 22 (16.92%) HTML
13 21 (16.15%) JavaScript
13 21 (16.15%) Web Services
14 20 (15.38%) Agile Software Development
14 20 (15.38%) FIX Protocol
15 19 (14.62%) RESTful
15 19 (14.62%) Open Source
15 19 (14.62%) CSS
16 17 (13.08%) Degree
17 16 (12.31%) Oracle
17 16 (12.31%) Ultra-Low Latency
18 15 (11.54%) React
18 15 (11.54%) Python
19 14 (10.77%) Internet
19 14 (10.77%) Equities
19 14 (10.77%) Hibernate
19 14 (10.77%) Web Development
19 14 (10.77%) RIA

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 11 (8.46%) Oracle Coherence
2 5 (3.85%) Apache Spark
3 2 (1.54%) WebSphere
4 1 (0.77%) Confluence
4 1 (0.77%) MS Exchange
Business Applications
1 1 (0.77%) RMDS
Cloud Services
1 8 (6.15%) Amazon AWS
2 2 (1.54%) Amazon Kinesis
3 1 (0.77%) Amazon EC2
3 1 (0.77%) Microsoft Azure
Communications & Networking
1 14 (10.77%) Internet
2 11 (8.46%) TCP/IP
3 8 (6.15%) Multicast
4 6 (4.62%) BGP
5 5 (3.85%) EIGRP
6 4 (3.08%) DHCP
6 4 (3.08%) Firewall
6 4 (3.08%) OSPF
6 4 (3.08%) Spanning Tree
7 3 (2.31%) DNS
7 3 (2.31%) F5 BIG-IP GTM
7 3 (2.31%) F5 BIG-IP LTM
7 3 (2.31%) HSRP
7 3 (2.31%) IPsec
7 3 (2.31%) VRRP
8 2 (1.54%) VPN
9 1 (0.77%) LAN
9 1 (0.77%) MPLS
9 1 (0.77%) RIP
9 1 (0.77%) WAN
Database & Business Intelligence
1 5 (3.85%) KDB
2 4 (3.08%) Hadoop
2 4 (3.08%) NoSQL
2 4 (3.08%) SQL Server
3 3 (2.31%) Amazon RDS
4 2 (1.54%) Amazon Redshift
4 2 (1.54%) Big Data
4 2 (1.54%) Kdb+
4 2 (1.54%) MongoDB
4 2 (1.54%) MySQL
4 2 (1.54%) Tick Data
5 1 (0.77%) Amazon DynamoDB
5 1 (0.77%) Data Mining
5 1 (0.77%) DataStage
5 1 (0.77%) IBM InfoSphere
5 1 (0.77%) Oracle Database
Development Applications
1 7 (5.38%) Jenkins
2 4 (3.08%) Build Forge
2 4 (3.08%) CruiseControl
2 4 (3.08%) Git (software)
2 4 (3.08%) Hudson
3 3 (2.31%) Eclipse
3 3 (2.31%) Maven
4 2 (1.54%) Grunt
4 2 (1.54%) JIRA
4 2 (1.54%) Subversion
5 1 (0.77%) Ant
5 1 (0.77%) GDB
5 1 (0.77%) IntelliJ
General
1 62 (47.69%) Finance
2 46 (35.38%) Banking
3 34 (26.15%) Front Office
4 28 (21.54%) Investment Banking
5 5 (3.85%) Prime Brokerage
6 2 (1.54%) Marketing
7 1 (0.77%) Advertising
7 1 (0.77%) Telecoms
Job Titles
1 98 (75.38%) Developer
2 43 (33.08%) Java Developer
3 29 (22.31%) C++ Developer
4 26 (20.00%) Senior Developer
5 22 (16.92%) Senior Java Developer
6 16 (12.31%) JavaScript Developer
6 16 (12.31%) Low Latency C++ Developer
7 13 (10.00%) Front End Developer (Client-Side Developer)
8 12 (9.23%) Low Latency Java Developer
9 11 (8.46%) Electronic Trading Developer
10 9 (6.92%) Linux Developer
11 6 (4.62%) Electronic Trading C++ Developer
11 6 (4.62%) Full Stack Developer
11 6 (4.62%) Unix Developer
12 5 (3.85%) Architect
12 5 (3.85%) C# Developer
12 5 (3.85%) Electronic Trading Java Developer
12 5 (3.85%) Node.js Developer
13 4 (3.08%) Core Java Developer
13 4 (3.08%) Data Engineer
Libraries, Frameworks & Software Standards
1 22 (16.92%) HTML
2 21 (16.15%) Web Services
3 20 (15.38%) FIX Protocol
4 19 (14.62%) CSS
4 19 (14.62%) RESTful
5 15 (11.54%) React
6 14 (10.77%) AngularJS
6 14 (10.77%) Boost C++ Libraries
6 14 (10.77%) Hibernate
6 14 (10.77%) Spring
7 11 (8.46%) Middleware
7 11 (8.46%) STL
8 9 (6.92%) TIBCO EMS
9 7 (5.38%) .NET
10 6 (4.62%) HTML5
10 6 (4.62%) J2EE
10 6 (4.62%) Node.js
10 6 (4.62%) Redux
10 6 (4.62%) REST
10 6 (4.62%) Ultra Messaging
Miscellaneous
1 40 (30.77%) Foreign Exchange (FX)
2 14 (10.77%) Equities
2 14 (10.77%) RIA
3 12 (9.23%) Algorithms
4 11 (8.46%) Computer Science
5 8 (6.15%) Analytical Skills
5 8 (6.15%) Derivative
6 7 (5.38%) Fintech
6 7 (5.38%) Fixed Income
7 5 (3.85%) Field-Programmable Gate Array
8 4 (3.08%) Verilog
9 3 (2.31%) Data Structures
9 3 (2.31%) NHS
9 3 (2.31%) N-Tier
10 2 (1.54%) Replication
10 2 (1.54%) TWAP
10 2 (1.54%) VWAP
11 1 (0.77%) Clustering
11 1 (0.77%) Credit Risk
11 1 (0.77%) Management Information System
Operating Systems
1 41 (31.54%) Unix
2 32 (24.62%) Linux
3 9 (6.92%) Windows
4 5 (3.85%) Solaris
5 2 (1.54%) AIX
5 2 (1.54%) CentOS
5 2 (1.54%) Red Hat Enterprise Linux
5 2 (1.54%) Windows Server
6 1 (0.77%) SUSE
6 1 (0.77%) SUSE Linux Enterprise Server
Processes & Methodologies
1 56 (43.08%) Multithreading
2 34 (26.15%) High Availability
3 31 (23.85%) Electronic Trading
4 20 (15.38%) Agile Software Development
5 19 (14.62%) Open Source
6 16 (12.31%) Ultra-Low Latency
7 14 (10.77%) Cross-Browser Compatibility
7 14 (10.77%) Unit Testing
7 14 (10.77%) Web Development
8 13 (10.00%) Front End Development
8 13 (10.00%) Multithreaded Programming
8 13 (10.00%) TDD
9 12 (9.23%) Risk Management
10 10 (7.69%) Algorithmic Trading
10 10 (7.69%) E-Commerce
10 10 (7.69%) MapReduce
10 10 (7.69%) OO
11 8 (6.15%) Concurrent Programming
12 7 (5.38%) Microservices
12 7 (5.38%) Root Cause Analysis
Programming Languages
1 54 (41.54%) Java
2 38 (29.23%) C++
3 21 (16.15%) JavaScript
4 15 (11.54%) Python
5 11 (8.46%) C#
6 10 (7.69%) ES6
6 10 (7.69%) SQL
7 7 (5.38%) Perl
8 6 (4.62%) Bash Shell
8 6 (4.62%) C
9 3 (2.31%) PowerShell
9 3 (2.31%) Shell Script
9 3 (2.31%) VBA
10 2 (1.54%) Haskell
10 2 (1.54%) Scala
11 1 (0.77%) ECMAScript
11 1 (0.77%) PL/SQL
11 1 (0.77%) Ruby
11 1 (0.77%) TypeScript
Qualifications
1 17 (13.08%) Degree
2 4 (3.08%) CCIE
2 4 (3.08%) Cisco Certification
3 1 (0.77%) MCSE
3 1 (0.77%) Microsoft Certification
Quality Assurance & Compliance
1 6 (4.62%) MiFID
2 1 (0.77%) QA
2 1 (0.77%) SLA
System Software
1 2 (1.54%) Active Directory
1 2 (1.54%) Docker
1 2 (1.54%) VMware Infrastructure
2 1 (0.77%) Oracle RAC
2 1 (0.77%) Veritas Cluster Server
Systems Management
1 3 (2.31%) Puppet
2 2 (1.54%) ITRS Geneos
3 1 (0.77%) Endace
3 1 (0.77%) Opscode Chef
3 1 (0.77%) Thomson Reuters DACS
Vendors
1 16 (12.31%) Oracle
2 10 (7.69%) TIBCO
3 7 (5.38%) Cisco
4 5 (3.85%) Arista
4 5 (3.85%) IBM
5 4 (3.08%) Altera
5 4 (3.08%) Juniper
6 3 (2.31%) Aruba
6 3 (2.31%) F5
6 3 (2.31%) Palo Alto
6 3 (2.31%) Red Hat
6 3 (2.31%) Solace
6 3 (2.31%) VMware
7 2 (1.54%) Atlassian
7 2 (1.54%) Cognizant
7 2 (1.54%) HP
7 2 (1.54%) Reuters
7 2 (1.54%) ServiceNow
7 2 (1.54%) Sybase
8 1 (0.77%) Fortinet
City, London
E-synergy Solutions
Rate: £400 - £500 per day
Posted: 5 days ago
City, London
TEKsystems
Rate: £601 - £725 per day
Posted: 6 days ago
City, London
Hatstand Limited
Rate: £500 - £600 per annum
Posted: 3 days ago
City, London
TEKsystems
Rate: £750 - £850 per day
Posted: 3 days ago