Period
to 24 September 2018

The following table provides summary statistics for contract job vacancies advertised in Central London 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 September 2018 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
London > Central London
6 months to
24 Sep 2018
Same period 2017 Same period 2016
Rank 127 114 142
Rank change year-on-year -13 +28 +19
Contract jobs citing Low Latency 188 185 135
As % of all contract IT jobs advertised in Central London 2.08% 2.34% 1.65%
As % of the Processes & Methodologies category 2.39% 2.63% 1.88%
Number of daily rates quoted 171 162 130
Central London median daily rate £650 £638 £600
Median daily rate % change year-on-year +1.96% +6.25% -4.00%
10th Percentile £500 £413 £463
90th Percentile £775 £813 £738
London median daily rate £650 £625 £600
% change year-on-year +4.00% +4.17% -4.00%
Number of hourly rates quoted 0 0 0
Central London median hourly rate - - -
London 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 Central London with a requirement for process or methodology skills.

All Process and Methodology Skills
Central London
Contract vacancies with a requirement for process or methodology skills 7,864 7,029 7,168
As % of all contract IT jobs advertised in Central London 87.15% 88.86% 87.83%
Number of daily rates quoted 6,142 5,396 5,635
Central London median daily rate £500 £500 £475
Median daily rate % change year-on-year - +5.26% +5.56%
10th Percentile £325 £314 £313
90th Percentile £675 £675 £650
London median daily rate £500 £500 £463
% change year-on-year - +8.11% +2.78%
Number of hourly rates quoted 112 71 60
Central London median hourly rate £18.70 £18.70 £19.50
Median hourly rate % change year-on-year - -4.10% -2.50%
10th Percentile £13.23 £13.00 £11.25
90th Percentile £32.90 £31.50 £55.19
London median hourly rate £22.50 £23.13 £21.00
% change year-on-year -2.70% +10.12% +5.00%

Low Latency
Job Vacancy Trend in Central London

Job postings citing Low Latency as a percentage of all IT jobs advertised in Central London.

Job vacancy trend for Low Latency in Central London

Low Latency
Contractor Daily Rate Trend in Central London

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

Contractor daily rate trend for Low Latency in Central London

Low Latency
Contractor Daily Rate Histogram in Central London

The daily rate distribution of IT jobs citing Low Latency in Central London over the 6 months to 24 September 2018.

Contractor daily rate histogram for Low Latency in Central London

Low Latency
Contractor Hourly Rate Trend in Central London

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

Contractor hourly rate trend for Low Latency in Central London

Low Latency
Contract Job Locations in Central 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 Central London region over the 6 months to 24 September 2018. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London -9 162 £650 - 49
West End of London -23 5 £538 - 6
City of Westminster - 2 £475 -
Low Latency
London

For the 6 months to 24 September 2018, IT contractor jobs citing Low Latency also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Central London region with a requirement for Low Latency.

1 149 (79.26%) Java
2 84 (44.68%) Multithreading
3 73 (38.83%) Electronic Trading
4 69 (36.70%) Finance
5 60 (31.91%) Front Office
6 56 (29.79%) Banking
7 49 (26.06%) Java 8
8 48 (25.53%) Foreign Exchange (FX)
9 46 (24.47%) Agile Software Development
10 43 (22.87%) Algorithmic Trading
11 38 (20.21%) TDD
12 37 (19.68%) Equities
13 35 (18.62%) FIX Protocol
14 24 (12.77%) Greenfield Project
14 24 (12.77%) Multithreaded Programming
15 23 (12.23%) BDD
15 23 (12.23%) Derivative
16 22 (11.70%) Investment Banking
16 22 (11.70%) Fixed Income
16 22 (11.70%) SQL
16 22 (11.70%) Linux
16 22 (11.70%) Ultra-Low Latency
17 19 (10.11%) DevOps
18 18 (9.57%) Microservices
18 18 (9.57%) JUnit
18 18 (9.57%) Kafka
19 17 (9.04%) Market Making
19 17 (9.04%) Performance Optimisation
20 16 (8.51%) High Availability
20 16 (8.51%) Unit Testing

Low Latency
Co-occurring IT Skills in Central 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 (2.66%) Tomcat
2 4 (2.13%) Elasticsearch
2 4 (2.13%) NServiceBus
3 3 (1.60%) Apache Spark
4 2 (1.06%) Apache Solr
4 2 (1.06%) Jetty
5 1 (0.53%) IIS
Applications
1 1 (0.53%) Microsoft Excel
Business Applications
1 2 (1.06%) RMDS
Cloud Services
1 9 (4.79%) Microsoft Azure
2 6 (3.19%) Amazon AWS
2 6 (3.19%) Cloud Computing
3 1 (0.53%) Office 365
Communications & Networking
1 6 (3.19%) Internet
2 4 (2.13%) Multicast
2 4 (2.13%) TCP/IP
3 3 (1.60%) Firewall
3 3 (1.60%) OSPF
4 2 (1.06%) BIG-IP
4 2 (1.06%) Cisco IOS
4 2 (1.06%) DHCP
4 2 (1.06%) DMZ
4 2 (1.06%) DNS
4 2 (1.06%) Extranet
4 2 (1.06%) LAN
5 1 (0.53%) BGP
5 1 (0.53%) WAN
Database & Business Intelligence
1 12 (6.38%) SQL Server
2 10 (5.32%) NoSQL
3 7 (3.72%) KDB
4 6 (3.19%) Big Data
4 6 (3.19%) MySQL
4 6 (3.19%) Relational Database
5 4 (2.13%) Hadoop
5 4 (2.13%) Kdb+
5 4 (2.13%) MongoDB
5 4 (2.13%) Redis
6 3 (1.60%) Apache Cassandra
7 2 (1.06%) Blockchain
7 2 (1.06%) Neo4j
7 2 (1.06%) Oracle Database
7 2 (1.06%) Oracle Database 10g
7 2 (1.06%) Oracle Database 11g
7 2 (1.06%) RDBMS
Development Applications
1 18 (9.57%) JUnit
2 14 (7.45%) Mockito
3 10 (5.32%) Jenkins
4 8 (4.26%) Maven
4 8 (4.26%) NUnit
5 7 (3.72%) Gradle
6 4 (2.13%) Atlassian Bamboo
6 4 (2.13%) Cucumber
6 4 (2.13%) Git (software)
6 4 (2.13%) Jasmine
6 4 (2.13%) JIRA
6 4 (2.13%) JMeter
6 4 (2.13%) Moq
7 3 (1.60%) jMock
7 3 (1.60%) Rhino Mocks
7 3 (1.60%) SpecFlow
7 3 (1.60%) TestNG
8 2 (1.06%) NeoLoad
8 2 (1.06%) SoapUI
8 2 (1.06%) WebDriver
General
1 69 (36.70%) Finance
2 60 (31.91%) Front Office
3 56 (29.79%) Banking
4 22 (11.70%) Investment Banking
5 10 (5.32%) Games
6 2 (1.06%) Financial Institution
7 1 (0.53%) Telecoms
Job Titles
1 145 (77.13%) Developer
2 114 (60.64%) Java Developer
3 42 (22.34%) Senior Developer
4 35 (18.62%) Senior Java Developer
5 23 (12.23%) Electronic Trading Developer
5 23 (12.23%) Electronic Trading Java Developer
6 20 (10.64%) Front Office Developer
7 17 (9.04%) Low Latency Java Developer
8 15 (7.98%) C# Developer
9 12 (6.38%) Java Engineer
10 6 (3.19%) Scala Developer
11 5 (2.66%) C++ Developer
11 5 (2.66%) Credit Risk Developer
11 5 (2.66%) Credit Risk Java Developer
11 5 (2.66%) DevOps Developer
11 5 (2.66%) Games Developer
11 5 (2.66%) Senior Credit Risk Java Developer
12 4 (2.13%) Agile Developer
12 4 (2.13%) Core Java Developer
12 4 (2.13%) Senior C# Developer
Libraries, Frameworks & Software Standards
1 35 (18.62%) FIX Protocol
2 18 (9.57%) Kafka
3 14 (7.45%) REST
3 14 (7.45%) Spring
4 11 (5.85%) .NET
5 10 (5.32%) Hibernate
5 10 (5.32%) RESTful
6 9 (4.79%) RabbitMQ
7 8 (4.26%) JMS
8 7 (3.72%) MSMQ
9 6 (3.19%) HTML
9 6 (3.19%) Middleware
9 6 (3.19%) WCF
10 5 (2.66%) Akka
10 5 (2.66%) Rendezvous
10 5 (2.66%) Spring Boot
11 4 (2.13%) Enzyme
11 4 (2.13%) Jest
11 4 (2.13%) React
11 4 (2.13%) Web Services
Miscellaneous
1 48 (25.53%) Foreign Exchange (FX)
2 37 (19.68%) Equities
3 24 (12.77%) Greenfield Project
4 23 (12.23%) Derivative
5 22 (11.70%) Fixed Income
6 12 (6.38%) Computer Science
7 10 (5.32%) Algorithms
8 9 (4.79%) Data Structures
9 8 (4.26%) Data Centre
10 7 (3.72%) Equity Derivative
11 6 (3.19%) Analytical Skills
11 6 (3.19%) Hedge funds
12 5 (2.66%) Credit Risk
12 5 (2.66%) Fintech
13 4 (2.13%) Social Gaming
13 4 (2.13%) User Experience
13 4 (2.13%) Virtual Team
14 3 (1.60%) Enterprise Software
15 2 (1.06%) Clustering
15 2 (1.06%) RIA
Operating Systems
1 22 (11.70%) Linux
2 10 (5.32%) Unix
3 2 (1.06%) Windows
Processes & Methodologies
1 84 (44.68%) Multithreading
2 73 (38.83%) Electronic Trading
3 46 (24.47%) Agile Software Development
4 43 (22.87%) Algorithmic Trading
5 38 (20.21%) TDD
6 24 (12.77%) Multithreaded Programming
7 23 (12.23%) BDD
8 22 (11.70%) Ultra-Low Latency
9 19 (10.11%) DevOps
10 18 (9.57%) Microservices
11 17 (9.04%) Market Making
11 17 (9.04%) Performance Optimisation
12 16 (8.51%) High Availability
12 16 (8.51%) Unit Testing
13 13 (6.91%) Concurrent Programming
13 13 (6.91%) Scrum
14 12 (6.38%) FX Algorithmic Trading
15 11 (5.85%) Migration
16 10 (5.32%) OO
16 10 (5.32%) Open Source
Programming Languages
1 149 (79.26%) Java
2 49 (26.06%) Java 8
3 22 (11.70%) SQL
4 16 (8.51%) C#
5 15 (7.98%) Scala
6 12 (6.38%) JavaScript
7 11 (5.85%) Python
8 8 (4.26%) C++
9 6 (3.19%) Clojure
9 6 (3.19%) T-SQL
10 5 (2.66%) C
11 2 (1.06%) ES6
11 2 (1.06%) Groovy
11 2 (1.06%) Kotlin
11 2 (1.06%) Ruby
12 1 (0.53%) Bash Shell
12 1 (0.53%) Perl
12 1 (0.53%) VB
Qualifications
1 6 (3.19%) Degree
2 2 (1.06%) CCIE
2 2 (1.06%) CCNA
2 2 (1.06%) CCNP
2 2 (1.06%) Cisco Certification
2 2 (1.06%) Computer Science Degree
Quality Assurance & Compliance
1 5 (2.66%) QA
2 1 (0.53%) PMO
System Software
1 10 (5.32%) Docker
Systems Management
1 6 (3.19%) Ansible
2 4 (2.13%) Kubernetes
3 2 (1.06%) Control-M
3 2 (1.06%) ITRS Geneos
3 2 (1.06%) Prometheus
Vendors
1 9 (4.79%) TIBCO
2 7 (3.72%) Oracle
3 4 (2.13%) Arista
3 4 (2.13%) Microsoft
4 3 (1.60%) Cisco
4 3 (1.60%) Currenex
5 2 (1.06%) AppDynamics
5 2 (1.06%) CheckPoint
5 2 (1.06%) F5
5 2 (1.06%) Reuters
5 2 (1.06%) SOASTA, Inc
5 2 (1.06%) Solace
6 1 (0.53%) Google
6 1 (0.53%) IBM
6 1 (0.53%) Typemock