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 6 December 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
6 Dec 2016
Same period 2015 Same period 2014
Low Latency
Rank 93 71 93
Rank change year-on-year
-22 +22
Contract jobs citing Low Latency 68 93 118
As % of all contract IT jobs located in the City of London 2.07% 2.72% 2.06%
As % of the Processes & Methodologies category 2.37% 3.24% 2.55%
Number of daily rates quoted 62 90 108
Median daily rate £600 £644 £650
Median daily rate % change year-on-year
-6.79% -0.96%
90% offered a daily rate of more than £418 £498 £500
10% offered a daily rate of more than £736 £680 £725
UK excluding London median daily rate £525 £525 £438
% change year-on-year
- +20.00%
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
2866 2873 4626
As % of all contract IT jobs located in the City of London 87.40% 83.91% 80.65%
Number of daily rates quoted 2274 2300 3617
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 £308 £310
10% offered a daily rate of more than £650 £650 £625
UK excluding London median daily rate £413 £400 £385
% change year-on-year
+3.12% +3.89%
Number of hourly rates quoted 28 23 52
Median hourly rate £27.50 £25.00 £18.00
Median hourly rate % change year-on-year
+10.00% +38.88%
90% offered a hourly rate of more than £14.50 £18.70 £10.85
10% offered a hourly rate of more than £55.00 £52.60 £38.00
UK excluding London median hourly rate £31.00 £34.95 £25.00
% change year-on-year
-11.30% +39.80%

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 6 December 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 6 December 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 55 (45.08%) Java
2 52 (42.62%) Finance
3 48 (39.34%) Multithreading
4 47 (38.52%) Banking
5 44 (36.07%) Foreign Exchange (FX)
6 35 (28.69%) Electronic Trading
7 31 (25.41%) Unix
8 30 (24.59%) Linux
9 28 (22.95%) High Availability
10 26 (21.31%) Agile Software Development
11 25 (20.49%) JavaScript
11 25 (20.49%) C++
11 25 (20.49%) Front Office
12 24 (19.67%) HTML
13 22 (18.03%) Web Services
13 22 (18.03%) AngularJS
14 21 (17.21%) TDD
14 21 (17.21%) Investment Banking
15 19 (15.57%) Open Source
16 18 (14.75%) CSS
17 17 (13.93%) C#
17 17 (13.93%) E-Commerce
17 17 (13.93%) Degree
17 17 (13.93%) Algorithmic Trading
18 16 (13.11%) Python
19 15 (12.30%) RESTful
20 14 (11.48%) Front End Development
21 13 (10.66%) Amazon AWS
21 13 (10.66%) Continuous Integration
21 13 (10.66%) SQL

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 5 (4.10%) Apache Spark
2 1 (0.82%) Elasticsearch
2 1 (0.82%) Oracle Coherence
2 1 (0.82%) SAS
2 1 (0.82%) Tomcat
Applications
1 1 (0.82%) MS Excel
Cloud Services
1 13 (10.66%) Amazon AWS
2 3 (2.46%) Microsoft Azure
3 2 (1.64%) PaaS
4 1 (0.82%) Amazon EC2
4 1 (0.82%) Cloud Computing
Communications & Networking
1 11 (9.02%) Internet
2 8 (6.56%) TCP/IP
3 5 (4.10%) Firewall
3 5 (4.10%) Multicast
4 4 (3.28%) BGP
4 4 (3.28%) DHCP
4 4 (3.28%) DNS
4 4 (3.28%) OSPF
4 4 (3.28%) Spanning Tree
5 3 (2.46%) EIGRP
5 3 (2.46%) F5 BIG-IP GTM
5 3 (2.46%) F5 BIG-IP LTM
5 3 (2.46%) HSRP
5 3 (2.46%) IPsec
5 3 (2.46%) VRRP
6 1 (0.82%) Cisco Nexus
6 1 (0.82%) LDAP
6 1 (0.82%) MPLS
6 1 (0.82%) RIP
6 1 (0.82%) VPN
Database & Business Intelligence
1 6 (4.92%) Hadoop
1 6 (4.92%) SQL Server
2 5 (4.10%) KDB
3 3 (2.46%) Big Data
3 3 (2.46%) Kdb+
3 3 (2.46%) NoSQL
4 2 (1.64%) MongoDB
4 2 (1.64%) MySQL
5 1 (0.82%) Amazon DynamoDB
5 1 (0.82%) Amazon RDS
5 1 (0.82%) DataStage
5 1 (0.82%) DB2
5 1 (0.82%) IBM InfoSphere
5 1 (0.82%) Oracle Database
5 1 (0.82%) Tick Data
Development Applications
1 9 (7.38%) Jenkins
2 5 (4.10%) Git (software)
3 4 (3.28%) Build Forge
3 4 (3.28%) CruiseControl
3 4 (3.28%) Hudson
4 3 (2.46%) Grunt
5 2 (1.64%) Eclipse
5 2 (1.64%) IntelliJ
5 2 (1.64%) Maven
6 1 (0.82%) Ant
6 1 (0.82%) Bower
6 1 (0.82%) JIRA
6 1 (0.82%) Vagrant
6 1 (0.82%) Visual Studio
General
1 52 (42.62%) Finance
2 47 (38.52%) Banking
3 25 (20.49%) Front Office
4 21 (17.21%) Investment Banking
5 5 (4.10%) Prime Brokerage
6 2 (1.64%) Marketing
7 1 (0.82%) Advertising
Job Titles
1 88 (72.13%) Developer
2 40 (32.79%) Java Developer
3 23 (18.85%) Senior Developer
4 20 (16.39%) Senior Java Developer
5 17 (13.93%) C++ Developer
5 17 (13.93%) Low Latency Java Developer
6 15 (12.30%) JavaScript Developer
7 14 (11.48%) Front End Developer (Client-Side Developer)
8 10 (8.20%) Core Java Developer
9 9 (7.38%) Electronic Trading Developer
10 8 (6.56%) AWS Developer
10 8 (6.56%) C# Developer
10 8 (6.56%) Linux Engineer
11 7 (5.74%) E-Commerce Developer
11 7 (5.74%) HTML Developer
11 7 (5.74%) Low Latency C++ Developer
11 7 (5.74%) Senior Linux Engineer
12 6 (4.92%) Angular Developer
12 6 (4.92%) Architect
12 6 (4.92%) Python Developer
Libraries, Frameworks & Software Standards
1 24 (19.67%) HTML
2 22 (18.03%) AngularJS
2 22 (18.03%) Web Services
3 18 (14.75%) CSS
4 15 (12.30%) RESTful
5 12 (9.84%) HTML5
5 12 (9.84%) Middleware
6 11 (9.02%) React
7 10 (8.20%) Boost C++ Libraries
7 10 (8.20%) FIX Protocol
8 8 (6.56%) STL
8 8 (6.56%) TIBCO EMS
9 6 (4.92%) CSS3
9 6 (4.92%) REST
10 5 (4.10%) Node.js
10 5 (4.10%) Ultra Messaging
11 4 (3.28%) JPA
11 4 (3.28%) JSON
11 4 (3.28%) Spring
11 4 (3.28%) WPF
Miscellaneous
1 44 (36.07%) Foreign Exchange (FX)
2 12 (9.84%) Computer Science
3 11 (9.02%) Algorithms
3 11 (9.02%) Mathematics
4 10 (8.20%) Equities
4 10 (8.20%) RIA
5 6 (4.92%) Derivative
5 6 (4.92%) Fintech
6 5 (4.10%) Analytical Skills
7 4 (3.28%) Fixed Income
7 4 (3.28%) Inversion of Control
8 3 (2.46%) Clustering
8 3 (2.46%) N-Tier
9 2 (1.64%) Data Centre
9 2 (1.64%) NHS
9 2 (1.64%) Physics
9 2 (1.64%) TWAP
9 2 (1.64%) Virtual Team
9 2 (1.64%) VWAP
10 1 (0.82%) User Experience
Operating Systems
1 31 (25.41%) Unix
2 30 (24.59%) Linux
3 8 (6.56%) Windows
4 6 (4.92%) AIX
4 6 (4.92%) Solaris
5 5 (4.10%) Red Hat Enterprise Linux
6 4 (3.28%) SUSE Linux Enterprise Server
7 3 (2.46%) SUSE
7 3 (2.46%) Windows Server
8 2 (1.64%) CentOS
Processes & Methodologies
1 48 (39.34%) Multithreading
2 35 (28.69%) Electronic Trading
3 28 (22.95%) High Availability
4 26 (21.31%) Agile Software Development
5 21 (17.21%) TDD
6 19 (15.57%) Open Source
7 17 (13.93%) Algorithmic Trading
7 17 (13.93%) E-Commerce
8 14 (11.48%) Front End Development
9 13 (10.66%) Continuous Integration
10 12 (9.84%) Concurrent Programming
11 11 (9.02%) Garbage Collection
11 11 (9.02%) Web Development
12 10 (8.20%) Cross-Browser Compatibility
12 10 (8.20%) Microservices
12 10 (8.20%) Risk Management
12 10 (8.20%) Unit Testing
13 9 (7.38%) DevOps
13 9 (7.38%) Ultra-Low Latency
14 8 (6.56%) Kanban
Programming Languages
1 55 (45.08%) Java
2 25 (20.49%) C++
2 25 (20.49%) JavaScript
3 17 (13.93%) C#
4 16 (13.11%) Python
5 13 (10.66%) SQL
6 10 (8.20%) ES6
7 7 (5.74%) C
8 6 (4.92%) Perl
9 5 (4.10%) Bash Shell
10 3 (2.46%) PowerShell
10 3 (2.46%) Ruby
10 3 (2.46%) Scala
10 3 (2.46%) VBA
11 2 (1.64%) Haskell
11 2 (1.64%) TypeScript
12 1 (0.82%) ECMAScript
12 1 (0.82%) Shell Script
12 1 (0.82%) SystemTap
Qualifications
1 17 (13.93%) Degree
2 4 (3.28%) CCIE
2 4 (3.28%) Cisco Certification
Quality Assurance & Compliance
1 5 (4.10%) MiFID
System Software
1 6 (4.92%) VMware Infrastructure
2 4 (3.28%) Docker
3 3 (2.46%) Veritas Cluster Server
4 2 (1.64%) Active Directory
4 2 (1.64%) Oracle RAC
5 1 (0.82%) KVM
Systems Management
1 12 (9.84%) Puppet
2 4 (3.28%) ITRS Geneos
3 1 (0.82%) Ansible
3 1 (0.82%) BladeLogic
3 1 (0.82%) Endace
3 1 (0.82%) Grafana
3 1 (0.82%) Kibana
3 1 (0.82%) logstash
3 1 (0.82%) Opscode Chef
3 1 (0.82%) Oracle ZFS
Vendors
1 11 (9.02%) Cisco
2 10 (8.20%) HP
2 10 (8.20%) IBM
2 10 (8.20%) Oracle
3 9 (7.38%) TIBCO
4 7 (5.74%) CheckPoint
4 7 (5.74%) Fortinet
5 6 (4.92%) VMware
6 4 (3.28%) Juniper
7 3 (2.46%) Aruba
7 3 (2.46%) Dell
7 3 (2.46%) EMC
7 3 (2.46%) F5
7 3 (2.46%) Palo Alto
7 3 (2.46%) Red Hat
7 3 (2.46%) Solace
7 3 (2.46%) Sybase
7 3 (2.46%) Veritas
8 2 (1.64%) Atlassian
8 2 (1.64%) Reuters
City, London
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