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 contractor rates offered in IT contracts that have cited Low Latency over the 3 months to 7 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
7 Dec 2016
Same period 2015 Same period 2014
Low Latency
Rank 211 171 143
Rank change year-on-year
-40 -28
Contract jobs citing Low Latency 246 320 366
As % of all contract IT jobs located in London 1.14% 1.41% 1.55%
As % of the Processes & Methodologies category 1.34% 1.69% 1.93%
Number of daily rates quoted 207 275 301
Median daily rate £600 £605 £613
Median daily rate % change year-on-year
-0.82% -1.22%
90% offered a daily rate of more than £422 £446 £475
10% offered a daily rate of more than £725 £700 £700
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
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
18291 18950 19002
As % of all contract IT jobs located in London 84.82% 83.60% 80.69%
Number of daily rates quoted 13196 13512 14020
Median daily rate £477 £463 £450
Median daily rate % change year-on-year
+3.13% +2.77%
90% offered a daily rate of more than £338 £325 £300
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £413 £400 £385
% change year-on-year
+3.12% +3.89%
Number of hourly rates quoted 195 231 249
Median hourly rate £24.44 £22.50 £22.50
Median hourly rate % change year-on-year
+8.62% -
90% offered a hourly rate of more than £13.00 £12.50 £11.50
10% offered a hourly rate of more than £55.00 £50.00 £53.50
UK excluding London median hourly rate £31.00 £35.00 £25.00
% change year-on-year
-11.42% +40.00%

Low Latency
Jobs Demand Trend in London

The demand trend of contract jobs across the 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 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 7 December 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 median contractor rates quoted in IT jobs citing Low Latency within the London region over the 3 months to 7 December 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London -25 64 £600 -5.88% 30
Docklands, London - 2 £675 -
Canary Wharf +5 1 £550 -15.38%
Low Latency
England

Low Latency
Top 30 Related IT Skills in London

For the 6 months to 7 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 London region with a requirement for Low Latency.

1 225 (46.97%) Java
2 174 (36.33%) Multithreading
3 173 (36.12%) Foreign Exchange (FX)
4 164 (34.24%) Finance
5 155 (32.36%) Electronic Trading
6 146 (30.48%) Banking
7 142 (29.65%) Agile Software Development
8 139 (29.02%) Front Office
9 133 (27.77%) Linux
10 123 (25.68%) Unix
11 107 (22.34%) C++
12 98 (20.46%) Algorithmic Trading
13 87 (18.16%) C#
14 80 (16.70%) Investment Banking
15 78 (16.28%) TDD
15 78 (16.28%) High Availability
16 72 (15.03%) JavaScript
17 65 (13.57%) SQL
18 57 (11.90%) HTML
19 52 (10.86%) Oracle
19 52 (10.86%) E-Commerce
19 52 (10.86%) Risk Management
20 49 (10.23%) FIX Protocol
21 47 (9.81%) RESTful
22 46 (9.60%) Web Services
22 46 (9.60%) Algorithms
23 45 (9.39%) Python
23 45 (9.39%) Open Source
24 43 (8.98%) Equities
25 41 (8.56%) .NET

Low Latency
Top Related IT Skills in 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 10 (2.09%) Apache Spark
2 6 (1.25%) Apache Pig
2 6 (1.25%) Oracle SOA Suite
3 5 (1.04%) Oracle Coherence
4 4 (0.84%) Tomcat
5 2 (0.42%) Confluence
5 2 (0.42%) Elasticsearch
5 2 (0.42%) SAS
6 1 (0.21%) Apache
6 1 (0.21%) JBoss
6 1 (0.21%) Oracle Workflow
Applications
1 11 (2.30%) MS Excel
Business Applications
1 1 (0.21%) SimCorp Dimension
Cloud Services
1 28 (5.85%) Amazon AWS
2 16 (3.34%) Microsoft Azure
3 8 (1.67%) Amazon EC2
4 7 (1.46%) Amazon Kinesis
4 7 (1.46%) AWS Lambda
4 7 (1.46%) Cloud Computing
4 7 (1.46%) SaaS
5 6 (1.25%) IBM Cloud
6 4 (0.84%) PaaS
7 2 (0.42%) GitHub
Communications & Networking
1 27 (5.64%) TCP/IP
2 16 (3.34%) Firewall
3 15 (3.13%) DNS
4 12 (2.51%) Multicast
5 11 (2.30%) Internet
6 10 (2.09%) BGP
7 9 (1.88%) DHCP
8 7 (1.46%) Cisco Nexus
8 7 (1.46%) LDAP
8 7 (1.46%) MPLS
8 7 (1.46%) OSPF
8 7 (1.46%) Spanning Tree
9 6 (1.25%) HTTP
10 5 (1.04%) F5 BIG-IP GTM
10 5 (1.04%) F5 BIG-IP LTM
10 5 (1.04%) SAN
11 4 (0.84%) EIGRP
11 4 (0.84%) HSRP
11 4 (0.84%) VPN
11 4 (0.84%) VRRP
Database & Business Intelligence
1 30 (6.26%) Hadoop
1 30 (6.26%) SQL Server
2 23 (4.80%) KDB
3 18 (3.76%) Big Data
3 18 (3.76%) NoSQL
4 16 (3.34%) MongoDB
5 13 (2.71%) Kdb+
5 13 (2.71%) MySQL
6 9 (1.88%) Amazon DynamoDB
6 9 (1.88%) Apache Cassandra
7 8 (1.67%) Amazon RDS
7 8 (1.67%) HBase
8 7 (1.46%) Data Warehouse
8 7 (1.46%) Oracle Database
9 6 (1.25%) Apache Hive
9 6 (1.25%) CouchDB
9 6 (1.25%) Data Mining
9 6 (1.25%) OLTP
9 6 (1.25%) Relational Database
10 5 (1.04%) IBM InfoSphere
Development Applications
1 20 (4.18%) Jenkins
2 18 (3.76%) Git (software)
3 10 (2.09%) Maven
4 8 (1.67%) Grunt
4 8 (1.67%) Subversion
5 7 (1.46%) Eclipse
5 7 (1.46%) Hudson
5 7 (1.46%) IntelliJ
5 7 (1.46%) TeamCity
6 6 (1.25%) NuGet
7 5 (1.04%) Build Forge
7 5 (1.04%) CruiseControl
7 5 (1.04%) gulp
7 5 (1.04%) JIRA
7 5 (1.04%) JUnit
7 5 (1.04%) Visual Studio
8 4 (0.84%) Bower
9 3 (0.63%) Ant
10 2 (0.42%) NUnit
10 2 (0.42%) Toad
General
1 164 (34.24%) Finance
2 146 (30.48%) Banking
3 139 (29.02%) Front Office
4 80 (16.70%) Investment Banking
5 14 (2.92%) Publishing
6 5 (1.04%) Prime Brokerage
7 4 (0.84%) Games
7 4 (0.84%) Telecoms
8 3 (0.63%) Marketing
9 2 (0.42%) Financial Institution
10 1 (0.21%) Advertising
10 1 (0.21%) Electronics
10 1 (0.21%) Japanese Language
10 1 (0.21%) Retail
Job Titles
1 347 (72.44%) Developer
2 163 (34.03%) Java Developer
3 72 (15.03%) C++ Developer
4 64 (13.36%) Senior Developer
5 61 (12.73%) C# Developer
6 52 (10.86%) Senior Java Developer
7 43 (8.98%) Electronic Trading Developer
8 38 (7.93%) Low Latency Java Developer
9 26 (5.43%) Core Java Developer
10 25 (5.22%) Administrator
10 25 (5.22%) Low Latency C++ Developer
11 23 (4.80%) Systems Administrator
12 22 (4.59%) JavaScript Developer
13 20 (4.18%) Algorithmic Trading Developer
13 20 (4.18%) Front End Developer (Client-Side Developer)
13 20 (4.18%) Front Office Developer
13 20 (4.18%) Linux Engineer
14 19 (3.97%) Architect
15 18 (3.76%) .NET Developer
16 17 (3.55%) Unix Systems Administrator
Libraries, Frameworks & Software Standards
1 57 (11.90%) HTML
2 49 (10.23%) FIX Protocol
3 47 (9.81%) RESTful
4 46 (9.60%) Web Services
5 41 (8.56%) .NET
6 40 (8.35%) AngularJS
7 39 (8.14%) HTML5
8 37 (7.72%) REST
9 36 (7.52%) Spring
10 34 (7.10%) CSS
11 30 (6.26%) WPF
12 29 (6.05%) Boost C++ Libraries
12 29 (6.05%) STL
13 25 (5.22%) Middleware
14 20 (4.18%) Node.js
15 17 (3.55%) CSS3
15 17 (3.55%) Hibernate
15 17 (3.55%) React
16 16 (3.34%) J2EE
16 16 (3.34%) WinForms
Miscellaneous
1 173 (36.12%) Foreign Exchange (FX)
2 46 (9.60%) Algorithms
3 43 (8.98%) Equities
4 34 (7.10%) Fixed Income
5 28 (5.85%) Analytical Skills
5 28 (5.85%) Computer Science
5 28 (5.85%) Derivative
6 15 (3.13%) Data Structures
7 13 (2.71%) N-Tier
8 12 (2.51%) Fintech
8 12 (2.51%) TWAP
8 12 (2.51%) VWAP
9 11 (2.30%) Mathematics
9 11 (2.30%) Virtual Team
10 10 (2.09%) RIA
11 9 (1.88%) Data Centre
12 7 (1.46%) Hedge funds
12 7 (1.46%) Inversion of Control
13 6 (1.25%) Credit Risk
13 6 (1.25%) Visualisation
Operating Systems
1 133 (27.77%) Linux
2 123 (25.68%) Unix
3 28 (5.85%) Solaris
4 26 (5.43%) Windows
5 18 (3.76%) AIX
6 14 (2.92%) Red Hat Enterprise Linux
7 11 (2.30%) SUSE Linux Enterprise Server
8 9 (1.88%) Windows Server
9 3 (0.63%) SUSE
10 2 (0.42%) CentOS
Processes & Methodologies
1 174 (36.33%) Multithreading
2 155 (32.36%) Electronic Trading
3 142 (29.65%) Agile Software Development
4 98 (20.46%) Algorithmic Trading
5 78 (16.28%) High Availability
5 78 (16.28%) TDD
6 52 (10.86%) E-Commerce
6 52 (10.86%) Risk Management
7 45 (9.39%) Open Source
8 39 (8.14%) OO
9 38 (7.93%) Microservices
9 38 (7.93%) Performance Tuning
10 36 (7.52%) DevOps
11 35 (7.31%) Scrum
12 34 (7.10%) Multithreaded Programming
13 33 (6.89%) Concurrent Programming
14 32 (6.68%) Kanban
15 29 (6.05%) Continuous Integration
16 25 (5.22%) High-Frequency Trading
17 24 (5.01%) Market Making
Programming Languages
1 225 (46.97%) Java
2 107 (22.34%) C++
3 87 (18.16%) C#
4 72 (15.03%) JavaScript
5 65 (13.57%) SQL
6 45 (9.39%) Python
7 23 (4.80%) Perl
7 23 (4.80%) Scala
8 22 (4.59%) Bash Shell
9 17 (3.55%) Shell Script
10 13 (2.71%) ES6
11 10 (2.09%) C
12 9 (1.88%) MATLAB
13 8 (1.67%) Ruby
14 6 (1.25%) PowerShell
14 6 (1.25%) SystemTap
14 6 (1.25%) VBA
15 5 (1.04%) PL/SQL
15 5 (1.04%) T-SQL
15 5 (1.04%) TypeScript
Qualifications
1 30 (6.26%) Degree
2 9 (1.88%) RHCE
2 9 (1.88%) RHCT
3 8 (1.67%) RHCA
3 8 (1.67%) RHCSA
4 7 (1.46%) CCIE
4 7 (1.46%) Cisco Certification
5 1 (0.21%) CCSA
5 1 (0.21%) CCSE
Quality Assurance & Compliance
1 18 (3.76%) MiFID
2 6 (1.25%) QA
3 1 (0.21%) ISO/IEC 27001
3 1 (0.21%) PCI DSS
3 1 (0.21%) SLA
System Software
1 14 (2.92%) VMware Infrastructure
2 10 (2.09%) Docker
3 7 (1.46%) Oracle RAC
4 6 (1.25%) Active Directory
5 5 (1.04%) KVM
5 5 (1.04%) NFS
6 3 (0.63%) Veritas Cluster Server
7 1 (0.21%) Veritas Volume Manager
Systems Management
1 29 (6.05%) Puppet
2 15 (3.13%) ITRS Geneos
3 9 (1.88%) Red Hat Satellite
4 6 (1.25%) Oracle ZFS
5 5 (1.04%) Oracle RMAN
6 4 (0.84%) Ansible
6 4 (0.84%) Graphite
6 4 (0.84%) Nagios
6 4 (0.84%) Opscode Chef
7 2 (0.42%) BladeLogic
7 2 (0.42%) Endace
7 2 (0.42%) Grafana
7 2 (0.42%) Kibana
7 2 (0.42%) logstash
7 2 (0.42%) NetBackup
7 2 (0.42%) TeamSite
8 1 (0.21%) Thomson Reuters DACS
Vendors
1 52 (10.86%) Oracle
2 25 (5.22%) IBM
3 23 (4.80%) HP
3 23 (4.80%) TIBCO
4 21 (4.38%) Cisco
5 19 (3.97%) Red Hat
6 14 (2.92%) VMware
7 13 (2.71%) Microsoft
7 13 (2.71%) Sybase
8 12 (2.51%) Reuters
9 11 (2.30%) Bloomberg
9 11 (2.30%) CheckPoint
9 11 (2.30%) Sun
10 10 (2.09%) Juniper
10 10 (2.09%) Solace
11 8 (1.67%) Veritas
12 7 (1.46%) Cognizant
12 7 (1.46%) Dell
12 7 (1.46%) Fidessa
12 7 (1.46%) Informatica
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Rate: £400.00 - £800.00 per day
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Rate: £450 - £500 per day
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Rate: £800 - £1000 per day
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Rate: From £350 to £400 per day
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Rate: £425 - £450 per day
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Cititec Associates Limited
Rate: £800 - £850 per day
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