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 30 March 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
30 Mar 2017
Same period 2016 Same period 2015
Rank 79 104 107
Rank change year-on-year +25 +3  
Contract jobs citing Low Latency 76 59 93
As % of all contract IT jobs advertised in the City of London 2.45% 1.73% 1.81%
As % of the Processes & Methodologies category 2.86% 1.98% 2.20%
Number of daily rates quoted 70 53 81
Median daily rate £613 £625 £625
Median daily rate % change year-on-year -2.00% -  
90% offered a daily rate of more than £450 £430 £413
10% offered a daily rate of more than £678 £725 £675
UK excluding London median daily rate £433 £475 £450
% change year-on-year -8.94% +5.55%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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 2657 2978 4235
As % of all contract IT job vacancies advertised in the City of London 85.65% 87.49% 82.43%
Number of daily rates quoted 2076 2386 3276
Median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.55%  
90% offered a daily rate of more than £340 £325 £320
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £410 £400 £396
% change year-on-year +2.50% +1.01%  
Number of hourly rates quoted 23 29 34
Median hourly rate £16.00 £21.78 £20.45
Median hourly rate % change year-on-year -26.53% +6.52%  
90% offered a hourly rate of more than £13.50 £13.00 £12.50
10% offered a hourly rate of more than £28.35 £47.50 £92.50
UK excluding London median hourly rate £35.75 £38.00 £30.00
% change year-on-year -5.92% +26.66%  

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 30 March 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 30 March 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 64 (50.00%) Java
2 63 (49.22%) Multithreading
3 58 (45.31%) Finance
4 49 (38.28%) Banking
5 44 (34.38%) Front Office
6 41 (32.03%) C++
7 40 (31.25%) Unix
8 37 (28.91%) Linux
8 37 (28.91%) Foreign Exchange (FX)
8 37 (28.91%) Electronic Trading
9 32 (25.00%) Investment Banking
10 31 (24.22%) High Availability
11 26 (20.31%) Oracle
12 23 (17.97%) Agile Software Development
13 21 (16.41%) FIX Protocol
14 19 (14.84%) Spring
14 19 (14.84%) Hibernate
15 18 (14.06%) Analytical Skills
16 17 (13.28%) Algorithms
16 17 (13.28%) HTML
16 17 (13.28%) Open Source
17 16 (12.50%) RESTful
17 16 (12.50%) Degree
17 16 (12.50%) JavaScript
17 16 (12.50%) Web Services
17 16 (12.50%) Equities
17 16 (12.50%) Multithreaded Programming
18 15 (11.72%) SQL
18 15 (11.72%) Oracle Coherence
19 14 (10.94%) MapReduce

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 15 (11.72%) Oracle Coherence
2 6 (4.69%) Apache Spark
3 3 (2.34%) GemFire
4 2 (1.56%) Tomcat
4 2 (1.56%) WebSphere
5 1 (0.78%) Confluence
5 1 (0.78%) MS Exchange
Business Applications
1 2 (1.56%) ION MarketView
2 1 (0.78%) RMDS
Cloud Services
1 7 (5.47%) Amazon AWS
2 2 (1.56%) Amazon Kinesis
3 1 (0.78%) Amazon EC2
3 1 (0.78%) Cloud Computing
3 1 (0.78%) Microsoft Azure
Communications & Networking
1 10 (7.81%) Internet
2 7 (5.47%) TCP/IP
3 4 (3.13%) Multicast
4 2 (1.56%) BGP
4 2 (1.56%) EIGRP
5 1 (0.78%) AMQP
5 1 (0.78%) Cisco ASA
5 1 (0.78%) DNS
5 1 (0.78%) Firewall
5 1 (0.78%) LAN
5 1 (0.78%) tcpdump
5 1 (0.78%) VPN
5 1 (0.78%) WAN
Database & Business Intelligence
1 8 (6.25%) KDB
2 7 (5.47%) SQL Server
3 5 (3.91%) Hadoop
3 5 (3.91%) Kdb+
3 5 (3.91%) NoSQL
3 5 (3.91%) Tick Data
4 3 (2.34%) Amazon RDS
4 3 (2.34%) Big Data
5 2 (1.56%) Amazon Redshift
5 2 (1.56%) MongoDB
5 2 (1.56%) MySQL
6 1 (0.78%) Amazon DynamoDB
6 1 (0.78%) Data Mining
6 1 (0.78%) DataStage
6 1 (0.78%) IBM InfoSphere
6 1 (0.78%) Oracle Database
Development Applications
1 6 (4.69%) Jenkins
2 5 (3.91%) Git (software)
2 5 (3.91%) Maven
3 4 (3.13%) Build Forge
3 4 (3.13%) CruiseControl
3 4 (3.13%) Hudson
4 3 (2.34%) Eclipse
5 2 (1.56%) Grunt
5 2 (1.56%) JIRA
5 2 (1.56%) Subversion
6 1 (0.78%) Ant
6 1 (0.78%) GDB
6 1 (0.78%) IntelliJ
General
1 58 (45.31%) Finance
2 49 (38.28%) Banking
3 44 (34.38%) Front Office
4 32 (25.00%) Investment Banking
5 2 (1.56%) Marketing
6 1 (0.78%) Advertising
6 1 (0.78%) Telecoms
Job Titles
1 104 (81.25%) Developer
2 54 (42.19%) Java Developer
3 30 (23.44%) C++ Developer
3 30 (23.44%) Senior Developer
4 27 (21.09%) Senior Java Developer
5 18 (14.06%) Electronic Trading Developer
6 15 (11.72%) Low Latency C++ Developer
7 13 (10.16%) Front Office Developer
8 12 (9.38%) Electronic Trading Java Developer
9 11 (8.59%) JavaScript Developer
10 10 (7.81%) Linux Developer
11 9 (7.03%) Front End Developer (Client-Side Developer)
11 9 (7.03%) Low Latency Java Developer
12 6 (4.69%) Electronic Trading C++ Developer
12 6 (4.69%) Full Stack Developer
12 6 (4.69%) Unix Developer
13 5 (3.91%) Node.js Developer
14 4 (3.13%) Java Pricing Developer
14 4 (3.13%) Python Developer
14 4 (3.13%) Test Specialist
Libraries, Frameworks & Software Standards
1 21 (16.41%) FIX Protocol
2 19 (14.84%) Hibernate
2 19 (14.84%) Spring
3 17 (13.28%) HTML
4 16 (12.50%) RESTful
4 16 (12.50%) Web Services
5 14 (10.94%) CSS
6 13 (10.16%) Boost C++ Libraries
7 11 (8.59%) React
8 10 (7.81%) TIBCO EMS
9 9 (7.03%) AngularJS
9 9 (7.03%) STL
10 7 (5.47%) .NET
10 7 (5.47%) J2EE
10 7 (5.47%) REST
11 6 (4.69%) Redux
11 6 (4.69%) Ultra Messaging
12 5 (3.91%) JMS
12 5 (3.91%) JSP
12 5 (3.91%) Node.js
Miscellaneous
1 37 (28.91%) Foreign Exchange (FX)
2 18 (14.06%) Analytical Skills
3 17 (13.28%) Algorithms
4 16 (12.50%) Equities
5 11 (8.59%) Fintech
6 10 (7.81%) Computer Science
6 10 (7.81%) Derivative
6 10 (7.81%) Fixed Income
6 10 (7.81%) RIA
7 6 (4.69%) Data Structures
7 6 (4.69%) NHS
8 5 (3.91%) Field-Programmable Gate Array
8 5 (3.91%) TWAP
8 5 (3.91%) VWAP
9 4 (3.13%) Enterprise Software
9 4 (3.13%) Verilog
10 2 (1.56%) Credit Risk
10 2 (1.56%) Data Centre
10 2 (1.56%) Hedge funds
10 2 (1.56%) Replication
Operating Systems
1 40 (31.25%) Unix
2 37 (28.91%) Linux
3 12 (9.38%) Windows
4 5 (3.91%) Solaris
5 3 (2.34%) CentOS
5 3 (2.34%) Windows Server
6 2 (1.56%) AIX
7 1 (0.78%) Red Hat Enterprise Linux
Processes & Methodologies
1 63 (49.22%) Multithreading
2 37 (28.91%) Electronic Trading
3 31 (24.22%) High Availability
4 23 (17.97%) Agile Software Development
5 17 (13.28%) Open Source
6 16 (12.50%) Multithreaded Programming
7 14 (10.94%) MapReduce
7 14 (10.94%) Ultra-Low Latency
8 13 (10.16%) TDD
9 12 (9.38%) OO
10 10 (7.81%) Algorithmic Trading
10 10 (7.81%) Cross-Browser Compatibility
10 10 (7.81%) Unit Testing
10 10 (7.81%) Web Development
11 9 (7.03%) E-Commerce
11 9 (7.03%) Front End Development
11 9 (7.03%) Microservices
11 9 (7.03%) Risk Management
11 9 (7.03%) Software Engineering
12 8 (6.25%) Data Management
Programming Languages
1 64 (50.00%) Java
2 41 (32.03%) C++
3 16 (12.50%) JavaScript
4 15 (11.72%) SQL
5 13 (10.16%) Python
6 11 (8.59%) C#
7 7 (5.47%) Bash Shell
7 7 (5.47%) C
8 6 (4.69%) ES6
8 6 (4.69%) Perl
9 5 (3.91%) PL/SQL
10 4 (3.13%) Shell Script
11 3 (2.34%) Haskell
11 3 (2.34%) PowerShell
11 3 (2.34%) Scala
11 3 (2.34%) VBA
12 1 (0.78%) ECMAScript
12 1 (0.78%) TypeScript
Qualifications
1 16 (12.50%) Degree
2 1 (0.78%) MCSE
2 1 (0.78%) Microsoft Certification
Quality Assurance & Compliance
1 1 (0.78%) MiFID
1 1 (0.78%) QA
1 1 (0.78%) SLA
System Software
1 3 (2.34%) Active Directory
1 3 (2.34%) Docker
2 2 (1.56%) Oracle RAC
2 2 (1.56%) VMware Infrastructure
Systems Management
1 2 (1.56%) ITRS Geneos
2 1 (0.78%) Opscode Chef
2 1 (0.78%) Puppet
2 1 (0.78%) Thomson Reuters DACS
Vendors
1 26 (20.31%) Oracle
2 11 (8.59%) TIBCO
3 5 (3.91%) IBM
4 4 (3.13%) Altera
4 4 (3.13%) Red Hat
5 3 (2.34%) Atlassian
5 3 (2.34%) Bloomberg
5 3 (2.34%) Reuters
5 3 (2.34%) VMware
6 2 (1.56%) Cisco
6 2 (1.56%) Citrix
6 2 (1.56%) Dell
6 2 (1.56%) Hortonworks
6 2 (1.56%) HP
6 2 (1.56%) ION Trading
6 2 (1.56%) ServiceNow
6 2 (1.56%) Solace
6 2 (1.56%) Sybase
7 1 (0.78%) Fixnetix
7 1 (0.78%) Talarian
City, London
Haysfm
Rate: £500.00 - £650.00 per day
Posted: Yesterday
City, London
TEKsystems
Rate: £550 - £650 per day
Posted: 3 days ago
City, London
Venturi
Rate: £1 per day
Posted: 3 days ago