Period
to 24 October 2017

The following table provides summary statistics for contract job vacancies advertised in Canary Wharf with a requirement for Low Latency skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Low Latency over the 6 months to 24 October 2017 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Low Latency
Tower Hamlets > Canary Wharf
6 months to
24 Oct 2017
Same period 2016 Same period 2015
Rank 38 - 42
Rank change year-on-year - +42 -
Contract jobs citing Low Latency 9 0 7
As % of all contract IT jobs advertised in Canary Wharf 3.21% - 1.92%
As % of the Processes & Methodologies category 3.49% - 2.17%
Number of daily rates quoted 9 0 5
Canary Wharf median daily rate £625 - £475
10th Percentile £594 - £399
90th Percentile £685 - £488
Tower Hamlets median daily rate £625 - £475
Number of hourly rates quoted 0 0 0
Canary Wharf median hourly rate - - -
Tower Hamlets median hourly rate - - -

Low Latency is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Canary Wharf with a requirement for process or methodology skills.

All Process and Methodology Skills
Canary Wharf
Contract vacancies with a requirement for process or methodology skills 258 276 323
As % of all contract IT jobs advertised in Canary Wharf 92.14% 91.39% 88.49%
Number of daily rates quoted 195 196 224
Canary Wharf median daily rate £515 £438 £488
Median daily rate % change year-on-year +17.71% -10.26% +8.33%
10th Percentile £263 £308 £288
90th Percentile £650 £594 £600
Tower Hamlets median daily rate £520 £438 £500
% change year-on-year +18.86% -12.50% +11.11%
Number of hourly rates quoted 2 0 0
Canary Wharf median hourly rate £15.00 - -
Tower Hamlets median hourly rate £15.00 - -

Low Latency
Job Vacancy Trend in Canary Wharf

Job postings citing Low Latency as a percentage of all IT jobs advertised in Canary Wharf.

Job vacancy trend for Low Latency in Canary Wharf

Low Latency
Contractor Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Low Latency in Canary Wharf.

Contractor daily rate trend for Low Latency in Canary Wharf

Low Latency
Contractor Daily Rate Histogram in Canary Wharf

The daily rate distribution of IT jobs citing Low Latency in Canary Wharf over the 6 months to 24 October 2017.

Contractor daily rate histogram for Low Latency in Canary Wharf

For the 6 months to 24 October 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 Canary Wharf region with a requirement for Low Latency.

1 7 (77.78%) Foreign Exchange (FX)
1 7 (77.78%) Java
1 7 (77.78%) Multithreading
2 6 (66.67%) Electronic Trading
2 6 (66.67%) Front Office
3 5 (55.56%) Swing
3 5 (55.56%) Banking
3 5 (55.56%) Algorithmic Trading
4 2 (22.22%) Linux
4 2 (22.22%) Solace
4 2 (22.22%) Agile Software Development
4 2 (22.22%) C++
4 2 (22.22%) Finance
5 1 (11.11%) TIBCO
5 1 (11.11%) Middleware
5 1 (11.11%) MPLS
5 1 (11.11%) OSPF
5 1 (11.11%) BGP
5 1 (11.11%) C
5 1 (11.11%) SQL
5 1 (11.11%) Solaris
5 1 (11.11%) DHCP
5 1 (11.11%) RIP
5 1 (11.11%) TCP/IP
5 1 (11.11%) VPN
5 1 (11.11%) Cisco
5 1 (11.11%) TDD
5 1 (11.11%) Enterprise Architecture
5 1 (11.11%) Degree
5 1 (11.11%) FIX Protocol

Low Latency
Co-occurring IT Skills in Canary Wharf 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:

Communications & Networking
1 1 (11.11%) BGP
1 1 (11.11%) Cisco Nexus
1 1 (11.11%) DHCP
1 1 (11.11%) MPLS
1 1 (11.11%) Multicast
1 1 (11.11%) OSPF
1 1 (11.11%) RIP
1 1 (11.11%) Spanning Tree
1 1 (11.11%) TCP/IP
1 1 (11.11%) VPN
General
1 6 (66.67%) Front Office
2 5 (55.56%) Banking
3 2 (22.22%) Finance
Job Titles
1 8 (88.89%) Developer
2 7 (77.78%) Java Developer
3 5 (55.56%) Electronic Trading Developer
3 5 (55.56%) Electronic Trading Java Developer
3 5 (55.56%) Java Swing Developer
4 1 (11.11%) C++ Developer
4 1 (11.11%) Network Engineer
4 1 (11.11%) Senior Developer
4 1 (11.11%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 5 (55.56%) Swing
2 1 (11.11%) 802.1X
2 1 (11.11%) FIX Protocol
2 1 (11.11%) Middleware
2 1 (11.11%) RFC 2544
2 1 (11.11%) Ultra Messaging
Miscellaneous
1 7 (77.78%) Foreign Exchange (FX)
2 1 (11.11%) Computer Science
Operating Systems
1 2 (22.22%) Linux
2 1 (11.11%) Solaris
Processes & Methodologies
1 7 (77.78%) Multithreading
2 6 (66.67%) Electronic Trading
3 5 (55.56%) Algorithmic Trading
4 2 (22.22%) Agile Software Development
5 1 (11.11%) Continuous Improvement
5 1 (11.11%) Continuous Integration
5 1 (11.11%) DevOps
5 1 (11.11%) Enterprise Architecture
5 1 (11.11%) High Availability
5 1 (11.11%) Kanban
5 1 (11.11%) Mathematics
5 1 (11.11%) Performance Optimisation
5 1 (11.11%) Performance Tuning
5 1 (11.11%) TDD
5 1 (11.11%) Test Automation
5 1 (11.11%) Unit Testing
5 1 (11.11%) User Stories
Programming Languages
1 7 (77.78%) Java
2 2 (22.22%) C++
3 1 (11.11%) C
3 1 (11.11%) SQL
Qualifications
1 1 (11.11%) Computer Science Degree
1 1 (11.11%) Degree
Vendors
1 2 (22.22%) Solace
2 1 (11.11%) Arista
2 1 (11.11%) Cisco
2 1 (11.11%) Talarian
2 1 (11.11%) TIBCO