Period
to 16 December 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 16 December 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
16 Dec 2018
Same period 2017 Same period 2016
Rank 146 92 152
Rank change year-on-year -54 +60 -29
Contract jobs citing Low Latency 171 235 126
As % of all contract IT jobs advertised in Central London 1.85% 2.72% 1.61%
As % of the Processes & Methodologies category 2.10% 3.05% 1.81%
Number of daily rates quoted 156 206 120
Central London median daily rate £650 £675 £580
Median daily rate % change year-on-year -3.70% +16.38% -7.20%
10th Percentile £500 £513 £404
90th Percentile £775 £813 £738
London median daily rate £650 £650 £600
% change year-on-year - +8.33% -0.83%
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 8,145 7,706 6,951
As % of all contract IT jobs advertised in Central London 88.11% 89.27% 88.60%
Number of daily rates quoted 6,282 6,010 5,374
Central London median daily rate £505 £500 £475
Median daily rate % change year-on-year +1.00% +5.26% +2.70%
10th Percentile £325 £325 £313
90th Percentile £675 £688 £650
London median daily rate £501 £500 £475
% change year-on-year +0.10% +5.26% +5.56%
Number of hourly rates quoted 98 77 62
Central London median hourly rate £19.00 £20.00 £19.00
Median hourly rate % change year-on-year -5.00% +5.26% -5.00%
10th Percentile £13.31 £13.31 £11.34
90th Percentile £33.60 £34.62 £55.00
London median hourly rate £24.08 £22.50 £22.50
% change year-on-year +7.02% - +12.50%

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 16 December 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 16 December 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 -40 153 £675 - 39
West End of London -29 1 £538 - 1
City of Westminster - 1 £475 -
Low Latency
London

For the 6 months to 16 December 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.

1 138 (80.70%) Java
2 85 (49.71%) Multithreading
3 75 (43.86%) Agile Software Development
4 70 (40.94%) Banking
5 65 (38.01%) Electronic Trading
6 61 (35.67%) Finance
6 61 (35.67%) Front Office
7 44 (25.73%) Foreign Exchange (FX)
7 44 (25.73%) Greenfield Project
8 42 (24.56%) Investment Banking
9 38 (22.22%) Equities
10 33 (19.30%) TDD
11 32 (18.71%) Java 8
12 30 (17.54%) Fixed Income
12 30 (17.54%) Open Source
13 26 (15.20%) Algorithmic Trading
14 24 (14.04%) DevOps
15 23 (13.45%) Microservices
15 23 (13.45%) FIX Protocol
15 23 (13.45%) BDD
16 21 (12.28%) JUnit
17 20 (11.70%) SQL
17 20 (11.70%) Derivative
17 20 (11.70%) Client Onboarding
18 19 (11.11%) Multithreaded Programming
18 19 (11.11%) Spring
19 18 (10.53%) Scrum
20 17 (9.94%) Linux
20 17 (9.94%) Unit Testing
21 15 (8.77%) Docker

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 7 (4.09%) Apache Spark
2 4 (2.34%) Jetty
3 3 (1.75%) Elasticsearch
3 3 (1.75%) NServiceBus
4 2 (1.17%) Apache Solr
4 2 (1.17%) GlassFish
4 2 (1.17%) Tomcat
5 1 (0.58%) IIS
5 1 (0.58%) Mule
Applications
1 2 (1.17%) Microsoft Excel
Business Applications
1 1 (0.58%) 3000 Xtra
1 1 (0.58%) RMDS
Cloud Services
1 9 (5.26%) Amazon AWS
2 8 (4.68%) Microsoft Azure
3 5 (2.92%) Cloud Computing
4 1 (0.58%) Office 365
Communications & Networking
1 4 (2.34%) Internet
2 3 (1.75%) BGP
2 3 (1.75%) Multicast
2 3 (1.75%) OSPF
3 2 (1.17%) DMZ
3 2 (1.17%) EIGRP
3 2 (1.17%) IGMP
3 2 (1.17%) MPLS
3 2 (1.17%) TCP/IP
4 1 (0.58%) Firewall
4 1 (0.58%) WAN
Database & Business Intelligence
1 11 (6.43%) SQL Server
2 9 (5.26%) NoSQL
3 8 (4.68%) Relational Database
4 7 (4.09%) Redis
5 6 (3.51%) Big Data
6 4 (2.34%) Apache Cassandra
6 4 (2.34%) Hadoop
7 3 (1.75%) KDB
7 3 (1.75%) MongoDB
7 3 (1.75%) MySQL
8 2 (1.17%) Neo4j
8 2 (1.17%) RDBMS
9 1 (0.58%) Azure SQL Database
9 1 (0.58%) Kdb+
Development Applications
1 21 (12.28%) JUnit
2 15 (8.77%) Mockito
3 8 (4.68%) Maven
4 7 (4.09%) Atlassian Bamboo
5 6 (3.51%) Jenkins
5 6 (3.51%) NUnit
5 6 (3.51%) TestNG
6 5 (2.92%) Jasmine
7 4 (2.34%) Gradle
7 4 (2.34%) jMock
8 3 (1.75%) Cucumber
8 3 (1.75%) Moq
8 3 (1.75%) Rhino Mocks
8 3 (1.75%) SpecFlow
9 2 (1.17%) Gatling
9 2 (1.17%) Git (software)
9 2 (1.17%) JIRA
9 2 (1.17%) JMeter
9 2 (1.17%) LoadRunner
9 2 (1.17%) NeoLoad
General
1 70 (40.94%) Banking
2 61 (35.67%) Finance
2 61 (35.67%) Front Office
3 42 (24.56%) Investment Banking
4 5 (2.92%) Games
5 2 (1.17%) Financial Institution
6 1 (0.58%) Back Office
Job Titles
1 144 (84.21%) Developer
2 116 (67.84%) Java Developer
3 33 (19.30%) Front Office Developer
4 28 (16.37%) Senior Developer
5 23 (13.45%) Senior Java Developer
6 17 (9.94%) Low Latency Java Developer
7 12 (7.02%) C# Developer
8 9 (5.26%) Electronic Trading Developer
8 9 (5.26%) Electronic Trading Java Developer
9 8 (4.68%) DevOps Developer
9 8 (4.68%) Java Engineer
9 8 (4.68%) Scala Developer
10 7 (4.09%) Agile Developer
10 7 (4.09%) Agile Java Developer
10 7 (4.09%) Apache Spark Developer
11 4 (2.34%) Senior C# Developer
11 4 (2.34%) Software Engineer
12 3 (1.75%) Lead Developer
12 3 (1.75%) Network Engineer
12 3 (1.75%) Project Manager
Libraries, Frameworks & Software Standards
1 23 (13.45%) FIX Protocol
2 19 (11.11%) Spring
3 14 (8.19%) Hibernate
3 14 (8.19%) Kafka
3 14 (8.19%) REST
4 12 (7.02%) RESTful
5 10 (5.85%) JMS
6 7 (4.09%) .NET
6 7 (4.09%) Akka
6 7 (4.09%) MSMQ
7 6 (3.51%) HTML
7 6 (3.51%) RabbitMQ
7 6 (3.51%) Rendezvous
7 6 (3.51%) Spring Boot
7 6 (3.51%) WPF
8 5 (2.92%) Java EE
8 5 (2.92%) JPA
8 5 (2.92%) WCF
9 4 (2.34%) Jest
9 4 (2.34%) React
Miscellaneous
1 44 (25.73%) Foreign Exchange (FX)
1 44 (25.73%) Greenfield Project
2 38 (22.22%) Equities
3 30 (17.54%) Fixed Income
4 20 (11.70%) Derivative
5 9 (5.26%) Algorithms
6 7 (4.09%) Data Structures
7 6 (3.51%) User Experience
8 5 (2.92%) Data Centre
8 5 (2.92%) Equity Derivative
8 5 (2.92%) Self-Motivation
9 4 (2.34%) Fintech
10 2 (1.17%) Analytical Skills
10 2 (1.17%) Hedge funds
10 2 (1.17%) Linux Command Line
10 2 (1.17%) N-Tier
10 2 (1.17%) RIA
11 1 (0.58%) Enterprise Software
11 1 (0.58%) Field-Programmable Gate Array
11 1 (0.58%) Social Gaming
Operating Systems
1 17 (9.94%) Linux
2 7 (4.09%) Unix
3 2 (1.17%) Windows
4 1 (0.58%) Red Hat Enterprise Linux
Processes & Methodologies
1 85 (49.71%) Multithreading
2 75 (43.86%) Agile Software Development
3 65 (38.01%) Electronic Trading
4 33 (19.30%) TDD
5 30 (17.54%) Open Source
6 26 (15.20%) Algorithmic Trading
7 24 (14.04%) DevOps
8 23 (13.45%) BDD
8 23 (13.45%) Microservices
9 20 (11.70%) Client Onboarding
10 19 (11.11%) Multithreaded Programming
11 18 (10.53%) Scrum
12 17 (9.94%) Unit Testing
13 15 (8.77%) OO
14 14 (8.19%) Computer Science
15 13 (7.60%) Kanban
15 13 (7.60%) Migration
15 13 (7.60%) Ultra-Low Latency
16 12 (7.02%) OOP
16 12 (7.02%) Performance Optimisation
Programming Languages
1 138 (80.70%) Java
2 32 (18.71%) Java 8
3 20 (11.70%) SQL
4 14 (8.19%) Scala
5 13 (7.60%) C#
6 11 (6.43%) Python
7 10 (5.85%) JavaScript
8 5 (2.92%) C++
9 3 (1.75%) Bash Shell
9 3 (1.75%) C
9 3 (1.75%) T-SQL
10 2 (1.17%) Clojure
10 2 (1.17%) ES6
10 2 (1.17%) Groovy
10 2 (1.17%) Kotlin
10 2 (1.17%) Ruby
10 2 (1.17%) VB
11 1 (0.58%) Perl
11 1 (0.58%) XAML
Qualifications
1 10 (5.85%) Degree
2 4 (2.34%) Computer Science Degree
3 2 (1.17%) CCIE
3 2 (1.17%) Cisco Certification
4 1 (0.58%) CCNP
4 1 (0.58%) JNCIP
Quality Assurance & Compliance
1 8 (4.68%) QA
2 1 (0.58%) Data Quality
2 1 (0.58%) PMO
System Software
1 15 (8.77%) Docker
Systems Management
1 7 (4.09%) Ansible
2 5 (2.92%) Kubernetes
3 2 (1.17%) Prometheus
Vendors
1 10 (5.85%) TIBCO
2 4 (2.34%) Arista
2 4 (2.34%) Currenex
2 4 (2.34%) Microsoft
3 3 (1.75%) Cisco
4 2 (1.17%) AppDynamics
4 2 (1.17%) Fortinet
4 2 (1.17%) Google
4 2 (1.17%) Juniper
4 2 (1.17%) Oracle
4 2 (1.17%) SOASTA, Inc
5 1 (0.58%) Bloomberg
5 1 (0.58%) IBM
5 1 (0.58%) Reuters