The table below looks at the statistics for Low Latency skills in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Low Latency over the 3 months to 3 September 2015 with a comparison to the same period in 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.

Location
3 months to
3 Sep 2015
Same period 2014 Same period 2013
Low Latency
Rank 201 162 135
Rank change year-on-year
-39 -27
Contract jobs citing Low Latency 273 341 425
As % of all contract IT jobs located in London 1.15% 1.41% 1.68%
As % of the Processes & Methodologies category 1.44% 1.78% 2.14%
Number of daily rates quoted 224 278 313
Average daily rate
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of your Daily Rate
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£600 £600 £550
Average daily rate % change year-on-year
- +9.09%
90% offered a daily rate of more than £450 £475 £450
10% offered a daily rate of more than £750 £700 £700
UK excluding London average daily rate £475 £375 £375
% change year-on-year
+26.66% -
Number of hourly rates quoted 0 1 0
Average hourly rate - £40.00 -
UK excluding London average hourly rate - - £40.00
Low Latency
England

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the London region.

Processes & Methodologies Category
London
Contract IT job ads with a match in the
Processes & Methodologies category
18940 19187 19819
As % of all contract IT jobs located in London 79.97% 79.17% 78.38%
Number of daily rates quoted 13551 13366 13861
Average daily rate £450 £450 £450
90% offered a daily rate of more than £315 £301 £300
10% offered a daily rate of more than £625 £600 £600
UK excluding London average daily rate £400 £375 £370
% change year-on-year
+6.66% +1.35%
Number of hourly rates quoted 206 220 235
Average hourly rate £22.00 £21.62 £23.50
Average hourly rate % change year-on-year
+1.75% -8.00%
90% offered a hourly rate of more than £13.00 £13.50 £14.04
10% offered a hourly rate of more than £52.00 £53.00 £56.25
UK excluding London average hourly rate £32.50 £26.98 £30.50
% change year-on-year
+20.48% -11.55%

Low Latency
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing Low Latency across the London region as a proportion of the total demand within the Processes & Methodologies category.

Low Latency Jobs Demand Trend in London

Low Latency
Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Low Latency across the London region.

Low Latency Daily Rate Trend in London

Low Latency
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Low Latency across the London region over the 3 months to 3 September 2015.

Low Latency Daily Rate Histogram in London

Low Latency
Hourly Rate Trend in London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Low Latency across the London region.

Low Latency Hourly Rate Trend in London

Low Latency
Contract Job Locations in London

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Low Latency within the London region over the 3 months to 3 September 2015. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London -37 79 £650 - 42
Canary Wharf - 3 £363 -
Hammersmith - 2 £475 -
Docklands, London -8 1 £613 +10.36%
Hounslow - 1 £490 -
Low Latency
England

Low Latency
Top 30 Related IT Skills in London

For the 6 months to 3 September 2015, IT contractor jobs across the London region citing Low Latency also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Low Latency.

1 267 (48.81%) Multithreading
2 241 (44.06%) Java
3 240 (43.88%) Foreign Exchange (FX)
4 227 (41.50%) Front Office
5 181 (33.09%) Linux
6 168 (30.71%) C++
6 168 (30.71%) Finance
7 163 (29.80%) Banking
8 131 (23.95%) UNIX
9 114 (20.84%) SQL
10 112 (20.48%) Agile Software Development
11 107 (19.56%) Algorithmic Trading
12 106 (19.38%) C#
13 104 (19.01%) FIX Protocol
14 100 (18.28%) Investment Banking
15 99 (18.10%) Equities
16 75 (13.71%) Electronic Trading
17 72 (13.16%) TDD
18 68 (12.43%) Python
19 64 (11.70%) Perl
20 61 (11.15%) OO
21 57 (10.42%) Risk Management
22 52 (9.51%) E-Commerce
23 50 (9.14%) Computer Science
23 50 (9.14%) Analytical Skills
24 49 (8.96%) Continuous Integration
25 47 (8.59%) Boost C++ Libraries
25 47 (8.59%) Degree
26 46 (8.41%) Fixed Income
27 43 (7.86%) Middleware

Low Latency
Top Related IT Skills in London by Category

For the 6 months to 3 September 2015, IT contractor jobs across the London region citing Low Latency also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Low Latency. Up to 20 skills are shown per category.

Application Platforms
1 12 (2.19%) Oracle Coherence
2 10 (1.83%) OpenStack
3 9 (1.65%) MTS
4 8 (1.46%) Node.js
5 5 (0.91%) SharePoint
6 2 (0.37%) JBoss
6 2 (0.37%) Apache
6 2 (0.37%) Confluence
7 1 (0.18%) WebLogic
7 1 (0.18%) Apache ServiceMix
7 1 (0.18%) Apache Spark
7 1 (0.18%) Tomcat
7 1 (0.18%) CMS
7 1 (0.18%) Oracle Workflow
7 1 (0.18%) Sitecore CMS
Applications
1 13 (2.38%) MS Excel
2 1 (0.18%) Spreadsheet
2 1 (0.18%) MS Project
Business Applications
1 13 (2.38%) ION MarketView
2 5 (0.91%) RMDS
3 2 (0.37%) Dynamics CRM
4 1 (0.18%) Misys Opics
4 1 (0.18%) Finacle
4 1 (0.18%) MetaTrader
Cloud Services
1 14 (2.56%) Amazon AWS
2 10 (1.83%) GitHub
3 4 (0.73%) IaaS
3 4 (0.73%) SaaS
3 4 (0.73%) PaaS
4 2 (0.37%) Amazon EC2
4 2 (0.37%) Amazon ElastiCache
4 2 (0.37%) AWS CloudFormation
Communications & Networking
1 29 (5.30%) Multicast
2 24 (4.39%) TCP/IP
3 19 (3.47%) Firewall
4 17 (3.11%) BGP
5 15 (2.74%) OSPF
6 14 (2.56%) WAN
6 14 (2.56%) Cisco Nexus
7 13 (2.38%) LAN
8 11 (2.01%) MPLS
8 11 (2.01%) HSRP
9 9 (1.65%) IPsec
10 8 (1.46%) Spanning Tree
11 7 (1.28%) EIGRP
12 6 (1.10%) VRRP
12 6 (1.10%) Cisco ASA
12 6 (1.10%) VPN
13 5 (0.91%) RIP
13 5 (0.91%) SAN
13 5 (0.91%) WLAN
13 5 (0.91%) Cisco IOS
Database & Business Intelligence
1 39 (7.13%) Relational Database
2 34 (6.22%) KDB
2 34 (6.22%) SQL Server
3 13 (2.38%) SQL Server Integration Services
4 11 (2.01%) OLAP
4 11 (2.01%) Big Data
5 7 (1.28%) Oracle Database
5 7 (1.28%) RDBMS
5 7 (1.28%) SQL Server Reporting Services
6 6 (1.10%) NoSQL
6 6 (1.10%) SQL Server 2012
6 6 (1.10%) SQL Server 2008
7 5 (0.91%) Data Warehouse
7 5 (0.91%) DB2
8 4 (0.73%) MongoDB
9 3 (0.55%) Hadoop
9 3 (0.55%) Hazelcast
9 3 (0.55%) MySQL
9 3 (0.55%) SQL Server Analysis Services
10 2 (0.37%) Oracle Database 11g
Development Applications
1 32 (5.85%) Jenkins
2 29 (5.30%) Maven
3 21 (3.84%) Eclipse
4 14 (2.56%) JMeter
5 13 (2.38%) Hudson
6 12 (2.19%) Subversion
7 11 (2.01%) IntelliJ
7 11 (2.01%) LoadRunner
8 10 (1.83%) Git (software)
9 9 (1.65%) JIRA
9 9 (1.65%) NUnit
10 7 (1.28%) CruiseControl
10 7 (1.28%) JUnit
10 7 (1.28%) Build Forge
10 7 (1.28%) Moq
11 6 (1.10%) Ant
12 4 (0.73%) Grunt
12 4 (0.73%) JConsole
13 3 (0.55%) VSS/SourceSafe
13 3 (0.55%) TeamCity
General
1 227 (41.50%) Front Office
2 168 (30.71%) Finance
3 163 (29.80%) Banking
4 100 (18.28%) Investment Banking
5 13 (2.38%) Financial Institution
6 11 (2.01%) Games
7 4 (0.73%) Telecoms
8 3 (0.55%) Advertising
8 3 (0.55%) Multimedia
9 2 (0.37%) Corporate Banking
9 2 (0.37%) Marketing
9 2 (0.37%) Legal
10 1 (0.18%) Back Office
10 1 (0.18%) German Language
10 1 (0.18%) Retail Banking
10 1 (0.18%) Retail
Job Titles
1 374 (68.37%) Developer
2 158 (28.88%) Java Developer
3 119 (21.76%) C++ Developer
4 81 (14.81%) Senior Developer
5 52 (9.51%) C# Developer
6 39 (7.13%) Analyst
7 38 (6.95%) Senior Java Developer
8 20 (3.66%) C++/C# Developer
9 18 (3.29%) Network Engineer
10 16 (2.93%) Project Manager
11 15 (2.74%) Senior C++ Developer
12 14 (2.56%) Senior C# Developer
13 13 (2.38%) Scala Developer
13 13 (2.38%) DevOps Engineer
14 12 (2.19%) Support Analyst
15 11 (2.01%) Applications Support
15 11 (2.01%) WPF Developer
16 9 (1.65%) Core Java Developer
16 9 (1.65%) Front Office Developer
17 8 (1.46%) Architect
Libraries, Frameworks & Software Standards
1 104 (19.01%) FIX Protocol
2 47 (8.59%) Boost C++ Libraries
3 43 (7.86%) Middleware
4 42 (7.68%) Spring
5 40 (7.31%) STL
6 33 (6.03%) WPF
7 31 (5.67%) .NET
8 27 (4.94%) XML
9 18 (3.29%) HTML
9 18 (3.29%) J2SE
10 17 (3.11%) HTML5
11 16 (2.93%) Web Services
11 16 (2.93%) WinForms
12 14 (2.56%) JSON
12 14 (2.56%) REST
13 13 (2.38%) TIBCO EMS
14 11 (2.01%) J2EE
14 11 (2.01%) XSLT
14 11 (2.01%) WCF
14 11 (2.01%) Reactive Extensions
Miscellaneous
1 240 (43.88%) Foreign Exchange (FX)
2 99 (18.10%) Equities
3 50 (9.14%) Computer Science
3 50 (9.14%) Analytical Skills
4 46 (8.41%) Fixed Income
5 43 (7.86%) Algorithms
6 33 (6.03%) Derivative
7 20 (3.66%) Data Structures
8 19 (3.47%) Mathematics
9 17 (3.11%) N-Tier
9 17 (3.11%) Data Centre
10 10 (1.83%) Replication
11 8 (1.46%) Market Risk
11 8 (1.46%) Hedge funds
11 8 (1.46%) Management Information System
11 8 (1.46%) Physics
11 8 (1.46%) Equity Derivative
11 8 (1.46%) Eurex
12 7 (1.28%) Grid Computing
12 7 (1.28%) Inversion of Control
Operating Systems
1 181 (33.09%) Linux
2 131 (23.95%) UNIX
3 35 (6.40%) Windows
4 22 (4.02%) Red Hat Enterprise Linux
5 21 (3.84%) Solaris
6 4 (0.73%) SUSE Linux Enterprise Server
6 4 (0.73%) SUSE
7 3 (0.55%) AIX
7 3 (0.55%) Oracle Linux
8 1 (0.18%) Android
Processes & Methodologies
1 267 (48.81%) Multithreading
2 112 (20.48%) Agile Software Development
3 107 (19.56%) Algorithmic Trading
4 75 (13.71%) Electronic Trading
5 72 (13.16%) TDD
6 61 (11.15%) OO
7 57 (10.42%) Risk Management
8 52 (9.51%) E-Commerce
9 49 (8.96%) Continuous Integration
10 39 (7.13%) Performance Tuning
11 31 (5.67%) Software Engineering
11 31 (5.67%) Project Management
12 29 (5.30%) Scrum
13 27 (4.94%) DevOps
14 26 (4.75%) Market Making
15 25 (4.57%) Open Source
16 21 (3.84%) Disaster Recovery
16 21 (3.84%) ITIL
17 20 (3.66%) Performance Testing
17 20 (3.66%) Ultra-Low Latency
Programming Languages
1 241 (44.06%) Java
2 168 (30.71%) C++
3 114 (20.84%) SQL
4 106 (19.38%) C#
5 68 (12.43%) Python
6 64 (11.70%) Perl
7 28 (5.12%) Bash Shell
8 27 (4.94%) Shell Script
9 16 (2.93%) Scala
9 16 (2.93%) JavaScript
10 11 (2.01%) Ruby
11 10 (1.83%) C
11 10 (1.83%) PL/SQL
12 7 (1.28%) PowerShell
13 6 (1.10%) T-SQL
13 6 (1.10%) VBScript
14 5 (0.91%) Korn
15 3 (0.55%) VBA
15 3 (0.55%) Assembly Language
16 2 (0.37%) XQuery
Qualifications
1 47 (8.59%) Degree
2 19 (3.47%) Cisco Certification
3 14 (2.56%) CCIE
4 7 (1.28%) PhD
5 6 (1.10%) CCNP
6 5 (0.91%) PRINCE2 Certification
7 3 (0.55%) ITIL Certification
8 2 (0.37%) CCSE
8 2 (0.37%) PRINCE2 Practitioner
9 1 (0.18%) ISEB Practitioner
9 1 (0.18%) JNCIP
9 1 (0.18%) ISEB
9 1 (0.18%) CCSP
Quality Assurance & Compliance
1 12 (2.19%) QA
2 2 (0.37%) ISO 9001
3 1 (0.18%) SLA
System Software
1 26 (4.75%) VMware Infrastructure
2 7 (1.28%) Veritas Cluster Server
3 4 (0.73%) VMware ESXi
3 4 (0.73%) Hyper-V
3 4 (0.73%) XenApp
3 4 (0.73%) XenDesktop
4 3 (0.55%) Snort
4 3 (0.55%) Docker
5 1 (0.18%) VMware ESX
5 1 (0.18%) KVM
Systems Management
1 23 (4.20%) Puppet
2 11 (2.01%) Opscode Chef
3 9 (1.65%) ITRS Geneos
4 7 (1.28%) Nagios
5 4 (0.73%) SCCM
5 4 (0.73%) SCOM
5 4 (0.73%) SCVMM
5 4 (0.73%) Cobbler
5 4 (0.73%) Graphite
6 3 (0.55%) HP Operations Orchestration
7 2 (0.37%) Vagrant
7 2 (0.37%) CiscoWorks
7 2 (0.37%) MOM
7 2 (0.37%) CA Spectrum
7 2 (0.37%) Ansible
7 2 (0.37%) Mesos
8 1 (0.18%) EdgeSight
8 1 (0.18%) Oracle ZFS
8 1 (0.18%) HP SIM
Vendors
1 39 (7.13%) Oracle
2 31 (5.67%) Microsoft
3 29 (5.30%) TIBCO
4 28 (5.12%) VMware
5 24 (4.39%) Sybase
5 24 (4.39%) Cisco
6 22 (4.02%) Red Hat
7 18 (3.29%) ION Trading
8 15 (2.74%) eSpeed
9 14 (2.56%) Juniper
10 12 (2.19%) Bloomberg
11 11 (2.01%) SOASTA, Inc
12 10 (1.83%) Currenex
13 9 (1.65%) Tradeweb
13 9 (1.65%) Reuters
14 8 (1.46%) HP
14 8 (1.46%) F5
15 7 (1.28%) Veritas
16 6 (1.10%) Ab Initio
16 6 (1.10%) CheckPoint
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Rate: £700 - £850 per day
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Rate: From £900 to £1,300 per day
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