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 29 April 2016 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.

3 months to
29 Apr 2016
Same period 2015 Same period 2014
Low Latency
Rank 184 157 208
Rank change year-on-year
-27 +51
Contract jobs citing Low Latency 289 318 241
As % of all contract IT jobs located in London 1.26% 1.42% 1.03%
As % of the Processes & Methodologies category 1.50% 1.76% 1.28%
Number of daily rates quoted 248 264 217
Average daily rate £625 £650 £625
Average daily rate % change year-on-year
-3.84% +4.00%
90% offered a daily rate of more than £473 £500 £462
10% offered a daily rate of more than £700 £750 £738
UK excluding London average daily rate £475 £500 £305
% change year-on-year
-5.00% +63.93%
Number of hourly rates quoted 1 1 0
Average hourly rate £27.27 £90.00 -
Average hourly rate % change year-on-year
-69.70% -
UK excluding London average hourly rate - - -
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
19259 18083 18813
As % of all contract IT jobs located in London 83.70% 80.71% 80.55%
Number of daily rates quoted 13992 12630 13319
Average daily rate £475 £450 £425
Average daily rate % change year-on-year
+5.55% +5.88%
90% offered a daily rate of more than £325 £310 £300
10% offered a daily rate of more than £625 £600 £600
UK excluding London average daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 169 257 230
Average hourly rate £22.00 £20.50 £24.00
Average hourly rate % change year-on-year
+7.31% -14.58%
90% offered a hourly rate of more than £12.83 £11.00 £13.00
10% offered a hourly rate of more than £52.34 £55.00 £57.50
UK excluding London average hourly rate £36.00 £30.50 £31.50
% change year-on-year
+18.03% -3.17%

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 29 April 2016.

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 29 April 2016. 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 +27 59 £625 - 28
Canary Wharf +3 6 £480 +1.05%
Croydon - 2 £550 -
Bromley - 1 £600 -
Clapham - 1 £450 -
Low Latency
England

Low Latency
Top 30 Related IT Skills in London

For the 6 months to 29 April 2016, 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.

1 335 (53.60%) Java
2 291 (46.56%) Multithreading
3 249 (39.84%) Front Office
4 246 (39.36%) Foreign Exchange (FX)
5 239 (38.24%) Finance
6 199 (31.84%) C++
7 184 (29.44%) Linux
8 177 (28.32%) Electronic Trading
9 167 (26.72%) Unix
10 166 (26.56%) Banking
11 160 (25.60%) Agile Software Development
12 125 (20.00%) C#
13 118 (18.88%) Algorithmic Trading
14 104 (16.64%) FIX Protocol
15 99 (15.84%) Investment Banking
16 95 (15.20%) TDD
16 95 (15.20%) Equities
17 94 (15.04%) SQL
18 88 (14.08%) Analytical Skills
19 85 (13.60%) Degree
20 84 (13.44%) Python
21 78 (12.48%) Risk Management
22 77 (12.32%) High Availability
23 76 (12.16%) Market Making
24 74 (11.84%) Oracle
25 70 (11.20%) Spring
26 67 (10.72%) JavaScript
27 66 (10.56%) E-Commerce
28 65 (10.40%) Perl
29 56 (8.96%) Software Engineering

Low Latency
Top Related IT Skills in London by Category

For the 6 months to 29 April 2016, 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 23 (3.68%) Oracle Coherence
2 18 (2.88%) Tomcat
3 14 (2.24%) Apache Spark
4 9 (1.44%) Node.js
5 6 (0.96%) CMS
5 6 (0.96%) WebSphere
6 5 (0.80%) Apache
7 4 (0.64%) Apache TomEE
8 3 (0.48%) JCAPS
8 3 (0.48%) Mule
8 3 (0.48%) Mule ESB
8 3 (0.48%) Oracle SOA Suite
9 2 (0.32%) Confluence
9 2 (0.32%) JBoss
10 1 (0.16%) Oracle Workflow
Applications
1 9 (1.44%) MS Excel
2 1 (0.16%) Spreadsheet
Business Applications
1 5 (0.80%) ION MarketView
1 5 (0.80%) RMDS
2 3 (0.48%) BusinessWorks
3 2 (0.32%) MetaTrader
4 1 (0.16%) Oracle Procure-to-Pay
Cloud Services
1 29 (4.64%) Amazon AWS
2 11 (1.76%) Microsoft Azure
3 9 (1.44%) Amazon EC2
3 9 (1.44%) Amazon Kinesis
3 9 (1.44%) AWS Lambda
4 6 (0.96%) GitHub
5 5 (0.80%) Cloud Computing
6 4 (0.64%) Google Analytics
7 2 (0.32%) Google App Engine
7 2 (0.32%) Google Cloud Platform
7 2 (0.32%) PaaS
7 2 (0.32%) Rackspace Cloud
7 2 (0.32%) SaaS
Communications & Networking
1 51 (8.16%) TCP/IP
2 28 (4.48%) Multicast
3 21 (3.36%) Firewall
4 9 (1.44%) BGP
5 8 (1.28%) DNS
6 7 (1.12%) DHCP
6 7 (1.12%) EIGRP
6 7 (1.12%) OSPF
6 7 (1.12%) SAN
7 6 (0.96%) IPsec
7 6 (0.96%) WAN
8 5 (0.80%) F5 BIG-IP GTM
8 5 (0.80%) F5 BIG-IP LTM
8 5 (0.80%) HSRP
8 5 (0.80%) HTTP
8 5 (0.80%) LAN
8 5 (0.80%) Spanning Tree
8 5 (0.80%) VRRP
9 4 (0.64%) Internet
9 4 (0.64%) MPLS
Database & Business Intelligence
1 45 (7.20%) KDB
2 34 (5.44%) Relational Database
3 30 (4.80%) Hadoop
4 28 (4.48%) SQL Server
5 25 (4.00%) MySQL
6 20 (3.20%) Big Data
7 18 (2.88%) NoSQL
8 13 (2.08%) OLAP
9 12 (1.92%) Data Warehouse
9 12 (1.92%) DB2
9 12 (1.92%) MongoDB
10 11 (1.76%) SQL Server Integration Services
11 10 (1.60%) SQL Server Reporting Services
12 9 (1.44%) Amazon DynamoDB
12 9 (1.44%) Amazon RDS
12 9 (1.44%) Apache Cassandra
13 7 (1.12%) RavenDB
14 6 (0.96%) Apache Hive
14 6 (0.96%) Microsoft Analysis Services
15 5 (0.80%) SQL Server 2012
Development Applications
1 41 (6.56%) Jenkins
2 32 (5.12%) Maven
3 24 (3.84%) Git (software)
4 18 (2.88%) JUnit
5 15 (2.40%) Subversion
6 11 (1.76%) Eclipse
7 9 (1.44%) Ant
8 8 (1.28%) JIRA
9 7 (1.12%) NuGet
9 7 (1.12%) TeamCity
10 6 (0.96%) Atlassian Bamboo
10 6 (0.96%) Gatling
10 6 (0.96%) IntelliJ
10 6 (0.96%) JBehave
10 6 (0.96%) JMeter
10 6 (0.96%) LoadRunner
11 5 (0.80%) Hudson
11 5 (0.80%) Mockito
11 5 (0.80%) VTune
12 4 (0.64%) Cucumber
General
1 249 (39.84%) Front Office
2 239 (38.24%) Finance
3 166 (26.56%) Banking
4 99 (15.84%) Investment Banking
5 9 (1.44%) Financial Institution
6 4 (0.64%) Games
6 4 (0.64%) Retail
7 3 (0.48%) Legal
7 3 (0.48%) Marketing
8 2 (0.32%) Back Office
8 2 (0.32%) Retail Banking
9 1 (0.16%) French Language
Job Titles
1 463 (74.08%) Developer
2 248 (39.68%) Java Developer
3 95 (15.20%) C++ Developer
4 93 (14.88%) Senior Developer
5 76 (12.16%) Senior Java Developer
6 73 (11.68%) C# Developer
7 41 (6.56%) Electronic Trading Developer
8 37 (5.92%) Agile Developer
9 34 (5.44%) Front Office Developer
10 32 (5.12%) Analyst
11 30 (4.80%) Low Latency Java Developer
12 29 (4.64%) .NET Developer
13 25 (4.00%) Electronic Trading C++ Developer
13 25 (4.00%) JavaScript Developer
14 24 (3.84%) C# .NET Developer
15 23 (3.68%) Agile Java Developer
16 21 (3.36%) Low Latency C++ Developer
17 19 (3.04%) ASP.NET Developer
17 19 (3.04%) ASP.NET MVC Developer
17 19 (3.04%) C# ASP.NET Developer
Libraries, Frameworks & Software Standards
1 104 (16.64%) FIX Protocol
2 70 (11.20%) Spring
3 51 (8.16%) Hibernate
4 45 (7.20%) XML
5 44 (7.04%) .NET
5 44 (7.04%) HTML
6 43 (6.88%) Web Services
7 38 (6.08%) WPF
8 35 (5.60%) RESTful
9 33 (5.28%) REST
10 31 (4.96%) HTML5
10 31 (4.96%) WinForms
11 28 (4.48%) Middleware
12 22 (3.52%) Boost C++ Libraries
12 22 (3.52%) STL
13 21 (3.36%) ASP.NET
13 21 (3.36%) ASP.NET MVC
13 21 (3.36%) CSS
14 20 (3.20%) JMS
15 18 (2.88%) OAuth
Miscellaneous
1 246 (39.36%) Foreign Exchange (FX)
2 95 (15.20%) Equities
3 88 (14.08%) Analytical Skills
4 56 (8.96%) Computer Science
5 55 (8.80%) Data Structures
6 53 (8.48%) Fixed Income
7 43 (6.88%) Algorithms
8 40 (6.40%) Fintech
9 36 (5.76%) Derivative
10 15 (2.40%) Equity Derivative
10 15 (2.40%) Mathematics
11 12 (1.92%) N-Tier
12 11 (1.76%) Statistics
13 8 (1.28%) Hedge funds
14 7 (1.12%) Data Centre
14 7 (1.12%) Grid Computing
14 7 (1.12%) User Experience
15 5 (0.80%) Eurex
15 5 (0.80%) SWIFT
15 5 (0.80%) Visualisation
Operating Systems
1 184 (29.44%) Linux
2 167 (26.72%) Unix
3 33 (5.28%) Windows
4 16 (2.56%) Red Hat Enterprise Linux
4 16 (2.56%) Solaris
5 4 (0.64%) SUSE
6 3 (0.48%) AIX
6 3 (0.48%) CentOS
6 3 (0.48%) SUSE Linux Enterprise Server
7 2 (0.32%) Windows Server
8 1 (0.16%) Oracle Linux
8 1 (0.16%) Windows 2000 Server
8 1 (0.16%) Windows Server 2003
Processes & Methodologies
1 291 (46.56%) Multithreading
2 177 (28.32%) Electronic Trading
3 160 (25.60%) Agile Software Development
4 118 (18.88%) Algorithmic Trading
5 95 (15.20%) TDD
6 78 (12.48%) Risk Management
7 77 (12.32%) High Availability
8 76 (12.16%) Market Making
9 66 (10.56%) E-Commerce
10 56 (8.96%) Software Engineering
11 51 (8.16%) Scrum
12 49 (7.84%) OO
13 48 (7.68%) Continuous Integration
14 43 (6.88%) DevOps
15 42 (6.72%) Data Management
15 42 (6.72%) Performance Tuning
16 41 (6.56%) SDLC
17 35 (5.60%) Concurrent Programming
17 35 (5.60%) Open Source
17 35 (5.60%) Ultra-Low Latency
Programming Languages
1 335 (53.60%) Java
2 199 (31.84%) C++
3 125 (20.00%) C#
4 94 (15.04%) SQL
5 84 (13.44%) Python
6 67 (10.72%) JavaScript
7 65 (10.40%) Perl
8 34 (5.44%) Scala
9 28 (4.48%) Bash Shell
10 26 (4.16%) Shell Script
11 22 (3.52%) C
12 5 (0.80%) PL/SQL
12 5 (0.80%) Ruby
13 4 (0.64%) Clojure
14 3 (0.48%) Go
14 3 (0.48%) Groovy
14 3 (0.48%) XPath
15 2 (0.32%) Korn
15 2 (0.32%) SystemTap
15 2 (0.32%) T-SQL
Qualifications
1 85 (13.60%) Degree
2 20 (3.20%) PhD
3 13 (2.08%) CCIE
3 13 (2.08%) Cisco Certification
4 4 (0.64%) CCNP
5 2 (0.32%) CCSA
5 2 (0.32%) CCSE
6 1 (0.16%) ITIL Certification
6 1 (0.16%) JNCIE
Quality Assurance & Compliance
1 16 (2.56%) QA
2 10 (1.60%) MiFID
3 1 (0.16%) SLA
System Software
1 8 (1.28%) VMware Infrastructure
2 5 (0.80%) Apache ZooKeeper
2 5 (0.80%) Docker
3 4 (0.64%) KVM
4 2 (0.32%) NFS
4 2 (0.32%) Oracle RAC
4 2 (0.32%) oVirt
4 2 (0.32%) Platform Symphony
5 1 (0.16%) Active Directory
5 1 (0.16%) Veritas Cluster Server
Systems Management
1 25 (4.00%) Puppet
2 21 (3.36%) ITRS Geneos
3 15 (2.40%) Nagios
4 12 (1.92%) Graphite
5 9 (1.44%) Ansible
6 6 (0.96%) Opscode Chef
7 4 (0.64%) yum
8 2 (0.32%) BladeLogic
8 2 (0.32%) BMC PATROL
8 2 (0.32%) Cobbler
8 2 (0.32%) Oozie
8 2 (0.32%) Oracle ZFS
8 2 (0.32%) Pingdom
8 2 (0.32%) Salt
9 1 (0.16%) Control-M
9 1 (0.16%) Data Guard
9 1 (0.16%) Hadoop YARN
9 1 (0.16%) MOM
9 1 (0.16%) OpenView
9 1 (0.16%) ZABBIX
Vendors
1 74 (11.84%) Oracle
2 22 (3.52%) Cisco
2 22 (3.52%) TIBCO
3 21 (3.36%) Red Hat
4 20 (3.20%) Microsoft
5 15 (2.40%) Splunk
6 13 (2.08%) Sybase
7 12 (1.92%) ION Trading
7 12 (1.92%) Juniper
8 10 (1.60%) IBM
9 9 (1.44%) Reuters
10 8 (1.28%) F5
10 8 (1.28%) Google
10 8 (1.28%) Solace
10 8 (1.28%) VMware
11 7 (1.12%) Currenex
11 7 (1.12%) Sun
12 6 (0.96%) Aruba
12 6 (0.96%) SOASTA, Inc
13 5 (0.80%) Palo Alto
London
Oliver Bernard
Rate: £500 - £550 per day
Posted: Yesterday
London
Hydrogen Group
Rate: £500.00 - £575.00 per day
Posted: 3 days ago
City of London
iKas International
Posted: 3 days ago
City, London
Pioneer Search
Rate: £500 - £575 per day
Posted: 4 days ago
City, London
McGregor Boyall
Rate: £600 per day
Posted: 4 days ago
City, London
McGregor Boyall
Rate: £600 per day
Posted: 4 days ago