The following table provides summary statistics for contract job vacancies advertised in the City of 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 3 months to 27 June 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
London / City of London
3 months to
27 Jun 2017
Same period 2016 Same period 2015
Rank 87 101 117
Rank change year-on-year +14 +16  
Contract jobs citing Low Latency 80 62 85
As % of all contract IT jobs advertised in the City of London 2.42% 1.83% 1.48%
As % of the Processes & Methodologies category 2.75% 2.13% 1.83%
Number of daily rates quoted 72 61 80
Median daily rate £588 £625 £625
Median daily rate % change year-on-year -6.00% -  
90% offered a daily rate of more than £425 £500 £500
10% offered a daily rate of more than £675 £750 £725
UK excluding London median daily rate £433 £475 £475
% change year-on-year -8.84% -  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £50.00 - -

Low Latency is in the process and methodology skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for process and methodology skills.

Contract Process & Methodology Skills
City of London
Contract job vacancies with a requirement for process and methodology skills 2912 2905 4654
As % of all contract IT job vacancies advertised in the City of London 88.14% 85.77% 81.11%
Number of daily rates quoted 2231 2377 3660
Median daily rate £500 £475 £465
Median daily rate % change year-on-year +5.26% +2.15%  
90% offered a daily rate of more than £350 £338 £325
10% offered a daily rate of more than £650 £625 £625
UK excluding London median daily rate £415 £400 £385
% change year-on-year +3.75% +3.89%  
Number of hourly rates quoted 24 23 56
Median hourly rate £20.00 £19.00 £24.50
Median hourly rate % change year-on-year +5.26% -22.44%  
90% offered a hourly rate of more than £14.75 £12.50 £15.07
10% offered a hourly rate of more than £41.00 £35.20 £55.50
UK excluding London median hourly rate £34.00 £28.50 £30.00
% change year-on-year +19.29% -5.00%  

Low Latency
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Low Latency as a proportion of all contract or permanent IT jobs with a match in the Processes & Methodologies category.

Job vacancy trend for Low Latency in the City of London

Low Latency
Contractor Daily Rate Trend in the City of London

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

Contractor daily rate trend for Low Latency in the City of London

Low Latency
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Low Latency in the City of London over the 3 months to 27 June 2017.

Contractor daily rate histogram for Low Latency in the City of London

Low Latency
Contractor Hourly Rate Trend in the City of London

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

Contractor hourly rate trend for Low Latency in the City of London

For the 6 months to 27 June 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 City of London region with a requirement for Low Latency.

1 82 (53.59%) Java
2 78 (50.98%) Finance
3 72 (47.06%) Multithreading
4 65 (42.48%) Front Office
5 63 (41.18%) Banking
6 49 (32.03%) Electronic Trading
7 46 (30.07%) Linux
8 41 (26.80%) Investment Banking
9 40 (26.14%) Unix
10 35 (22.88%) C++
10 35 (22.88%) Foreign Exchange (FX)
11 32 (20.92%) SQL
12 31 (20.26%) High Availability
13 30 (19.61%) Oracle
13 30 (19.61%) Analytical Skills
14 28 (18.30%) Fintech
14 28 (18.30%) Agile Software Development
15 26 (16.99%) Equities
16 25 (16.34%) FIX Protocol
17 19 (12.42%) Hibernate
17 19 (12.42%) HTML
17 19 (12.42%) Spring
18 18 (11.76%) Algorithmic Trading
19 17 (11.11%) Open Source
19 17 (11.11%) Windows
19 17 (11.11%) Python
20 16 (10.46%) Fixed Income
20 16 (10.46%) Algorithms
21 14 (9.15%) SDLC
21 14 (9.15%) Multithreaded Programming

Low Latency
Co-occurring IT Skills in the City of 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 14 (9.15%) Oracle Coherence
2 7 (4.58%) Tomcat
3 3 (1.96%) GemFire
4 2 (1.31%) Apache
4 2 (1.31%) Apache Spark
4 2 (1.31%) WebSphere
5 1 (0.65%) Confluence
5 1 (0.65%) MQSeries
Applications
1 2 (1.31%) MS Visio
Business Applications
1 5 (3.27%) ION MarketView
2 1 (0.65%) Bloomberg TOMS
2 1 (0.65%) RMDS
2 1 (0.65%) Sentinel
Cloud Services
1 5 (3.27%) Amazon AWS
2 2 (1.31%) Amazon Kinesis
3 1 (0.65%) Cloud Computing
Communications & Networking
1 10 (6.54%) Internet
2 9 (5.88%) TCP/IP
3 5 (3.27%) Multicast
4 4 (2.61%) BGP
5 3 (1.96%) EIGRP
6 2 (1.31%) Cisco Nexus
6 2 (1.31%) Firewall
7 1 (0.65%) AMQP
7 1 (0.65%) DMZ
7 1 (0.65%) DNS
7 1 (0.65%) LAN
7 1 (0.65%) MPLS
7 1 (0.65%) NetScaler
7 1 (0.65%) OSPF
7 1 (0.65%) tcpdump
7 1 (0.65%) VLAN
7 1 (0.65%) VoIP
7 1 (0.65%) Wi-Fi
Database & Business Intelligence
1 10 (6.54%) KDB
2 8 (5.23%) SQL Server
3 7 (4.58%) Kdb+
3 7 (4.58%) Tick Data
4 5 (3.27%) NoSQL
5 4 (2.61%) Hadoop
5 4 (2.61%) MariaDB
6 3 (1.96%) Relational Database
7 2 (1.31%) Amazon RDS
7 2 (1.31%) Amazon Redshift
7 2 (1.31%) Apache Cassandra
7 2 (1.31%) Big Data
7 2 (1.31%) Blockchain
7 2 (1.31%) HBase
8 1 (0.65%) Data Mining
8 1 (0.65%) SQL Server 2005
8 1 (0.65%) SQL Server 2008
8 1 (0.65%) SQL Server 2012
Development Applications
1 9 (5.88%) Maven
2 7 (4.58%) Git (software)
3 6 (3.92%) Subversion
4 4 (2.61%) Sonatype Nexus
4 4 (2.61%) TeamCity
5 2 (1.31%) Eclipse
5 2 (1.31%) Moq
5 2 (1.31%) NUnit
5 2 (1.31%) Team Foundation Server
6 1 (0.65%) GDB
6 1 (0.65%) JConsole
6 1 (0.65%) Jenkins
6 1 (0.65%) JIRA
6 1 (0.65%) Selenium
6 1 (0.65%) VisualVM
General
1 78 (50.98%) Finance
2 65 (42.48%) Front Office
3 63 (41.18%) Banking
4 41 (26.80%) Investment Banking
5 3 (1.96%) Financial Institution
6 1 (0.65%) Telecoms
Job Titles
1 118 (77.12%) Developer
2 74 (48.37%) Java Developer
3 33 (21.57%) Senior Developer
4 32 (20.92%) Senior Java Developer
5 23 (15.03%) Electronic Trading Developer
6 21 (13.73%) C++ Developer
7 18 (11.76%) Electronic Trading Java Developer
8 17 (11.11%) Front Office Developer
9 14 (9.15%) Low Latency Java Developer
10 10 (6.54%) JavaScript Developer
11 9 (5.88%) Front End Developer (Client-Side Developer)
12 8 (5.23%) Low Latency C++ Developer
12 8 (5.23%) Software Engineer
13 7 (4.58%) C++ Software Engineer
14 5 (3.27%) Angular Developer
14 5 (3.27%) Core Java Developer
14 5 (3.27%) Electronic Trading C++ Developer
14 5 (3.27%) Full Stack Developer
14 5 (3.27%) HTML Developer
14 5 (3.27%) Node.js Developer
Libraries, Frameworks & Software Standards
1 25 (16.34%) FIX Protocol
2 19 (12.42%) Hibernate
2 19 (12.42%) HTML
2 19 (12.42%) Spring
3 14 (9.15%) CSS
4 12 (7.84%) RESTful
5 11 (7.19%) AngularJS
5 11 (7.19%) React
6 10 (6.54%) .NET
6 10 (6.54%) Web Services
7 9 (5.88%) Boost C++ Libraries
8 8 (5.23%) HTML5
8 8 (5.23%) Node.js
8 8 (5.23%) XML
9 7 (4.58%) Ultra Messaging
10 6 (3.92%) Esper
11 5 (3.27%) J2EE
11 5 (3.27%) Redux
11 5 (3.27%) STL
12 4 (2.61%) Swing
Miscellaneous
1 35 (22.88%) Foreign Exchange (FX)
2 30 (19.61%) Analytical Skills
3 28 (18.30%) Fintech
4 26 (16.99%) Equities
5 16 (10.46%) Algorithms
5 16 (10.46%) Fixed Income
6 11 (7.19%) Greenfield Project
7 10 (6.54%) Data Structures
7 10 (6.54%) Derivative
8 9 (5.88%) RIA
9 7 (4.58%) NHS
10 6 (3.92%) Computer Science
10 6 (3.92%) Enterprise Software
10 6 (3.92%) TWAP
10 6 (3.92%) VWAP
11 4 (2.61%) Field-Programmable Gate Array
11 4 (2.61%) Verilog
12 3 (1.96%) Data Centre
12 3 (1.96%) Equity Derivative
12 3 (1.96%) Hedge funds
Operating Systems
1 46 (30.07%) Linux
2 40 (26.14%) Unix
3 17 (11.11%) Windows
4 5 (3.27%) Solaris
5 4 (2.61%) CentOS
6 2 (1.31%) AIX
6 2 (1.31%) Red Hat Enterprise Linux
6 2 (1.31%) Windows Server
Processes & Methodologies
1 72 (47.06%) Multithreading
2 49 (32.03%) Electronic Trading
3 31 (20.26%) High Availability
4 28 (18.30%) Agile Software Development
5 18 (11.76%) Algorithmic Trading
6 17 (11.11%) Open Source
7 14 (9.15%) Data Management
7 14 (9.15%) MapReduce
7 14 (9.15%) Multithreaded Programming
7 14 (9.15%) SDLC
8 12 (7.84%) OO
8 12 (7.84%) Scrum
8 12 (7.84%) Software Engineering
8 12 (7.84%) TDD
9 11 (7.19%) Unit Testing
10 10 (6.54%) Analytics
11 9 (5.88%) Cross-Browser Compatibility
11 9 (5.88%) Front End Development
11 9 (5.88%) Ultra-Low Latency
11 9 (5.88%) Web Development
Programming Languages
1 82 (53.59%) Java
2 35 (22.88%) C++
3 32 (20.92%) SQL
4 17 (11.11%) Python
5 14 (9.15%) C#
6 13 (8.50%) JavaScript
7 12 (7.84%) Perl
8 10 (6.54%) Bash Shell
9 7 (4.58%) PL/SQL
10 6 (3.92%) C
11 4 (2.61%) ES6
11 4 (2.61%) Shell Script
12 3 (1.96%) Scala
13 2 (1.31%) T-SQL
14 1 (0.65%) Haskell
14 1 (0.65%) Kotlin
14 1 (0.65%) PowerShell
Qualifications
1 9 (5.88%) Degree
2 3 (1.96%) Computer Science Degree
3 2 (1.31%) CCNP
3 2 (1.31%) Cisco Certification
3 2 (1.31%) Security Cleared
4 1 (0.65%) CCIE
4 1 (0.65%) Numerate Degree
4 1 (0.65%) SC Cleared
Quality Assurance & Compliance
1 13 (8.50%) MiFID
2 1 (0.65%) QA
2 1 (0.65%) SLA
System Software
1 2 (1.31%) Active Directory
1 2 (1.31%) Oracle RAC
1 2 (1.31%) VMware Infrastructure
2 1 (0.65%) Docker
Systems Management
1 1 (0.65%) Cacti
1 1 (0.65%) Cisco Prime
1 1 (0.65%) Control-M
1 1 (0.65%) ITRS Geneos
1 1 (0.65%) Nagios
1 1 (0.65%) Opscode Chef
1 1 (0.65%) Opsview
1 1 (0.65%) Puppet
1 1 (0.65%) Thomson Reuters DACS
Vendors
1 30 (19.61%) Oracle
2 8 (5.23%) Solace
3 7 (4.58%) TIBCO
4 6 (3.92%) Red Hat
4 6 (3.92%) StreamBase
5 5 (3.27%) ION Trading
6 4 (2.61%) Altera
6 4 (2.61%) Bloomberg
6 4 (2.61%) IBM
6 4 (2.61%) Sybase
7 3 (1.96%) Cisco
7 3 (1.96%) Citrix
7 3 (1.96%) Currenex
7 3 (1.96%) Reuters
7 3 (1.96%) VMware
8 2 (1.31%) Arista
8 2 (1.31%) Dell
8 2 (1.31%) Hortonworks
8 2 (1.31%) HP
8 2 (1.31%) ServiceNow
City of London
TDA Group
Rate: £450 - £500 per day
Posted: 4 hours ago
City, London
Hays Finance Technology
Rate: £550.00 - £700.00 per day
Posted: Yesterday
City, London
EPAM Systems
Rate: From £450 to £451 per day
Posted: 20 days ago