Period
to 21 January 2018

The following table provides summary statistics for contract job vacancies advertised in 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 21 January 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
England > London
6 months to
21 Jan 2018
Same period 2017 Same period 2016
Rank 160 214 197
Rank change year-on-year +54 -17 -38
Contract jobs citing Low Latency 798 493 575
As % of all contract IT jobs advertised in London 1.74% 1.19% 1.30%
As % of the Processes & Methodologies category 2.01% 1.38% 1.54%
Number of daily rates quoted 681 419 485
London median daily rate £650 £600 £600
Median daily rate % change year-on-year +8.33% - -
10th Percentile £506 £413 £438
90th Percentile £800 £750 £725
England median daily rate £650 £575 £600
% change year-on-year +13.04% -4.17% -
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - £40.00

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 London with a requirement for process or methodology skills.

All Process and Methodology Skills
London
Contract vacancies with a requirement for process or methodology skills 39,668 35,687 37,394
As % of all contract IT jobs advertised in London 86.61% 86.02% 84.68%
Number of daily rates quoted 28,976 25,669 26,661
London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% -
10th Percentile £313 £310 £299
90th Percentile £675 £650 £638
England median daily rate £450 £433 £425
% change year-on-year +3.93% +1.88% +6.12%
Number of hourly rates quoted 403 425 457
London median hourly rate £22.00 £24.00 £20.00
Median hourly rate % change year-on-year -8.33% +20.00% +6.95%
10th Percentile £13.60 £12.25 £11.25
90th Percentile £48.75 £54.00 £50.00
England median hourly rate £24.00 £25.00 £23.00
% change year-on-year -4.00% +8.70% +15.00%

Low Latency
Job Vacancy Trend in London

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

Job vacancy trend for Low Latency in London

Low Latency
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Low Latency in London

Low Latency
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Low Latency in London over the 6 months to 21 January 2018.

Contractor daily rate histogram for Low Latency in London

Low Latency
Contractor Hourly Rate Trend in London

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

Contractor hourly rate trend for Low Latency in London

Low Latency
Contract Job Locations in 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 London region over the 6 months to 21 January 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
Central London +36 216 £675 +15.38% 71
East London -9 10 £625 +2.04% 2
West London -24 5 £588 +11.90% 17
South London - 3 £525 -
North London - 1 £475 -
Low Latency
England

For the 6 months to 21 January 2018, 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 London region with a requirement for Low Latency.

1 570 (71.43%) Java
2 415 (52.01%) Multithreading
3 380 (47.62%) Front Office
4 371 (46.49%) Electronic Trading
5 348 (43.61%) Foreign Exchange (FX)
6 318 (39.85%) Banking
7 219 (27.44%) Finance
8 191 (23.93%) Linux
9 190 (23.81%) Investment Banking
10 171 (21.43%) C++
11 155 (19.42%) Agile Software Development
12 154 (19.30%) Algorithmic Trading
13 128 (16.04%) High Availability
14 125 (15.66%) SQL
15 122 (15.29%) C#
16 117 (14.66%) FIX Protocol
17 109 (13.66%) Multithreaded Programming
18 106 (13.28%) Python
19 96 (12.03%) TDD
19 96 (12.03%) Equities
20 89 (11.15%) Greenfield Project
21 79 (9.90%) Concurrent Programming
22 77 (9.65%) Analytical Skills
23 75 (9.40%) Unix
23 75 (9.40%) Computer Science
24 74 (9.27%) Ultra-Low Latency
25 73 (9.15%) JavaScript
26 72 (9.02%) Fixed Income
26 72 (9.02%) Degree
27 63 (7.89%) .NET

Low Latency
Co-occurring IT Skills in 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 18 (2.26%) GemFire
2 16 (2.01%) Tomcat
3 14 (1.75%) Apache
3 14 (1.75%) Apache Spark
3 14 (1.75%) Elasticsearch
4 6 (0.75%) GlassFish
4 6 (0.75%) Jetty
5 5 (0.63%) Confluence
5 5 (0.63%) IIS
5 5 (0.63%) OpenStack
6 2 (0.25%) Apache Pig
6 2 (0.25%) Apache Solr
6 2 (0.25%) Exchange Server 2010
6 2 (0.25%) Exchange Server 2013
6 2 (0.25%) JBoss
6 2 (0.25%) MS Exchange
6 2 (0.25%) Oracle Coherence
7 1 (0.13%) CMS
7 1 (0.13%) Oracle Workflow
7 1 (0.13%) WildFly
Applications
1 12 (1.50%) Spreadsheet
2 1 (0.13%) Microsoft Excel
2 1 (0.13%) MS Visio
Business Applications
1 25 (3.13%) ION MarketView
2 3 (0.38%) RMDS
3 1 (0.13%) MetaTrader
3 1 (0.13%) Postilion
Cloud Services
1 19 (2.38%) Amazon AWS
2 8 (1.00%) Google Cloud Platform
3 7 (0.88%) GitHub
3 7 (0.88%) Microsoft Azure
4 5 (0.63%) Amazon EC2
5 4 (0.50%) Amazon S3
6 3 (0.38%) Amazon EMR
6 3 (0.38%) Amazon Glacier
7 1 (0.13%) Amazon SQS
7 1 (0.13%) Cloud Computing
Communications & Networking
1 14 (1.75%) TCP/IP
2 13 (1.63%) FIX Connectivity
3 5 (0.63%) Internet
3 5 (0.63%) SAN
4 4 (0.50%) Firewall
4 4 (0.50%) HTTPS
4 4 (0.50%) Multicast
4 4 (0.50%) tcpdump
5 3 (0.38%) BGP
5 3 (0.38%) NAS
6 2 (0.25%) Cisco Nexus
6 2 (0.25%) EIGRP
6 2 (0.25%) F5 BIG-IP GTM
6 2 (0.25%) F5 BIG-IP LTM
6 2 (0.25%) OSPF
6 2 (0.25%) snoop
7 1 (0.13%) Cisco ASA
7 1 (0.13%) MPLS
7 1 (0.13%) SSL
7 1 (0.13%) Unified Communications
Database & Business Intelligence
1 47 (5.89%) SQL Server
2 37 (4.64%) Relational Database
3 31 (3.88%) Big Data
4 22 (2.76%) KDB
5 21 (2.63%) Blockchain
6 17 (2.13%) Hadoop
7 13 (1.63%) NoSQL
8 9 (1.13%) Apache Cassandra
9 8 (1.00%) MongoDB
10 7 (0.88%) Apache Hive
11 6 (0.75%) BigQuery
12 5 (0.63%) HBase
12 5 (0.63%) Kdb+
12 5 (0.63%) MySQL
13 4 (0.50%) RDBMS
14 3 (0.38%) Amazon Athena
14 3 (0.38%) Amazon Redshift
14 3 (0.38%) Impala
14 3 (0.38%) Mahout
14 3 (0.38%) PostgreSQL
Development Applications
1 34 (4.26%) TeamCity
2 32 (4.01%) Git (software)
3 27 (3.38%) Subversion
4 23 (2.88%) Jenkins
5 20 (2.51%) Maven
6 13 (1.63%) JIRA
7 12 (1.50%) VSS/SourceSafe
7 12 (1.50%) Xcode
8 11 (1.38%) Bitbucket
9 10 (1.25%) Gradle
9 10 (1.25%) Mockito
10 9 (1.13%) JUnit
11 7 (0.88%) Eclipse
11 7 (0.88%) Hudson
12 6 (0.75%) Selenium
13 4 (0.50%) Ant
13 4 (0.50%) Atlassian Bamboo
13 4 (0.50%) Moq
13 4 (0.50%) ReSharper
13 4 (0.50%) WebDriver
General
1 380 (47.62%) Front Office
2 318 (39.85%) Banking
3 219 (27.44%) Finance
4 190 (23.81%) Investment Banking
5 13 (1.63%) Games
6 12 (1.50%) Financial Institution
7 4 (0.50%) Retail
8 2 (0.25%) Marketing
8 2 (0.25%) Telecoms
9 1 (0.13%) Advertising
9 1 (0.13%) Back Office
9 1 (0.13%) Pharmaceutical
Job Titles
1 675 (84.59%) Developer
2 431 (54.01%) Java Developer
3 163 (20.43%) Electronic Trading Developer
4 128 (16.04%) Senior Developer
5 116 (14.54%) Electronic Trading Java Developer
6 105 (13.16%) Senior Java Developer
7 92 (11.53%) C++ Developer
8 88 (11.03%) C# Developer
9 60 (7.52%) Front Office Developer
10 57 (7.14%) Low Latency Java Developer
11 43 (5.39%) Low Latency C++ Developer
12 40 (5.01%) Algorithmic Trading Developer
13 29 (3.63%) Linux Developer
14 28 (3.51%) Python Developer
15 25 (3.13%) Java Developer - Algorithmic Trading
16 23 (2.88%) Electronic Trading C++ Developer
17 22 (2.76%) Analyst
18 21 (2.63%) Java Swing Developer
19 20 (2.51%) Core Java Developer
20 19 (2.38%) C# Developer - Electronic Trading
Libraries, Frameworks & Software Standards
1 117 (14.66%) FIX Protocol
2 63 (7.89%) .NET
3 51 (6.39%) HTML
4 49 (6.14%) RESTful
4 49 (6.14%) Spring
5 47 (5.89%) JMS
6 42 (5.26%) REST
6 42 (5.26%) WPF
7 40 (5.01%) Rendezvous
8 37 (4.64%) Hibernate
9 36 (4.51%) AngularJS
9 36 (4.51%) HTML5
10 29 (3.63%) CSS
11 23 (2.88%) JPA
11 23 (2.88%) TIBCO EMS
12 22 (2.76%) Java Concurrency
12 22 (2.76%) Swing
12 22 (2.76%) XML
13 21 (2.63%) WinForms
14 19 (2.38%) Boost C++ Libraries
Miscellaneous
1 348 (43.61%) Foreign Exchange (FX)
2 96 (12.03%) Equities
3 89 (11.15%) Greenfield Project
4 77 (9.65%) Analytical Skills
5 75 (9.40%) Computer Science
6 72 (9.02%) Fixed Income
7 48 (6.02%) Derivative
8 35 (4.39%) User Experience
9 34 (4.26%) Algorithms
10 33 (4.14%) Equity Derivative
11 29 (3.63%) Data Structures
12 22 (2.76%) Fintech
13 21 (2.63%) Hedge funds
14 11 (1.38%) N-Tier
15 10 (1.25%) Credit Risk
16 8 (1.00%) Data Centre
17 7 (0.88%) Market Risk
18 6 (0.75%) Grid Computing
19 5 (0.63%) RIA
20 4 (0.50%) Enterprise Software
Operating Systems
1 191 (23.93%) Linux
2 75 (9.40%) Unix
3 12 (1.50%) Apple iOS
3 12 (1.50%) Red Hat Enterprise Linux
4 11 (1.38%) Windows
5 6 (0.75%) Solaris
6 5 (0.63%) AIX
7 4 (0.50%) CoreOS
7 4 (0.50%) Windows Server
7 4 (0.50%) Windows Server 2008
8 3 (0.38%) CentOS
8 3 (0.38%) Debian
8 3 (0.38%) Ubuntu
9 2 (0.25%) Windows Server 2012
Processes & Methodologies
1 415 (52.01%) Multithreading
2 371 (46.49%) Electronic Trading
3 155 (19.42%) Agile Software Development
4 154 (19.30%) Algorithmic Trading
5 128 (16.04%) High Availability
6 109 (13.66%) Multithreaded Programming
7 96 (12.03%) TDD
8 79 (9.90%) Concurrent Programming
9 74 (9.27%) Ultra-Low Latency
10 61 (7.64%) Performance Tuning
10 61 (7.64%) Unit Testing
11 59 (7.39%) Market Making
12 53 (6.64%) FX Algorithmic Trading
12 53 (6.64%) Open Source
12 53 (6.64%) Performance Optimisation
13 50 (6.27%) SDLC
14 47 (5.89%) Test Automation
15 45 (5.64%) MVC
16 42 (5.26%) Scrum
17 41 (5.14%) BDD
Programming Languages
1 570 (71.43%) Java
2 171 (21.43%) C++
3 125 (15.66%) SQL
4 122 (15.29%) C#
5 106 (13.28%) Python
6 73 (9.15%) JavaScript
7 29 (3.63%) C
8 20 (2.51%) Perl
9 19 (2.38%) Scala
10 15 (1.88%) Bash Shell
11 12 (1.50%) Apple Swift
11 12 (1.50%) Objective-C
12 10 (1.25%) T-SQL
13 8 (1.00%) Shell Script
14 7 (0.88%) Kotlin
14 7 (0.88%) Ruby
15 4 (0.50%) ES6
16 3 (0.38%) Groovy
16 3 (0.38%) PowerShell
16 3 (0.38%) TypeScript
Qualifications
1 72 (9.02%) Degree
2 35 (4.39%) Computer Science Degree
3 32 (4.01%) PhD
4 8 (1.00%) Cisco Certification
5 7 (0.88%) CCIE
6 4 (0.50%) CCNP
7 3 (0.38%) RHCE
8 2 (0.25%) CCNA
8 2 (0.25%) Numerate Degree
9 1 (0.13%) AWS Certification
9 1 (0.13%) CCIE Routing and Switching
9 1 (0.13%) PRINCE2 Certification
9 1 (0.13%) SC Cleared
9 1 (0.13%) Security Cleared
9 1 (0.13%) VMware Certified Professional (VCP)
Quality Assurance & Compliance
1 39 (4.89%) QA
2 18 (2.26%) MiFID
3 6 (0.75%) GCP
4 5 (0.63%) SLA
5 2 (0.25%) EMIR
System Software
1 14 (1.75%) Docker
2 4 (0.50%) VMware Infrastructure
3 3 (0.38%) Active Directory
3 3 (0.38%) KVM
3 3 (0.38%) Oracle RAC
3 3 (0.38%) Samba
4 1 (0.13%) Apache ZooKeeper
4 1 (0.13%) BitLocker
4 1 (0.13%) HDFS
4 1 (0.13%) Hyper-V
4 1 (0.13%) Virtual Machines
Systems Management
1 16 (2.01%) Ansible
2 9 (1.13%) Opscode Chef
3 8 (1.00%) Puppet
4 7 (0.88%) Kubernetes
5 4 (0.50%) Rancher
6 3 (0.38%) Kibana
6 3 (0.38%) logstash
6 3 (0.38%) Nagios
6 3 (0.38%) Red Hat Satellite
7 2 (0.25%) MOM
7 2 (0.25%) Oozie
7 2 (0.25%) Prometheus
8 1 (0.13%) ITRS Geneos
8 1 (0.13%) Terraform
8 1 (0.13%) yum
Vendors
1 57 (7.14%) TIBCO
2 37 (4.64%) Oracle
3 31 (3.88%) ION Trading
4 22 (2.76%) Currenex
5 21 (2.63%) Reuters
6 18 (2.26%) Microsoft
7 17 (2.13%) Solace
8 15 (1.88%) Cisco
8 15 (1.88%) Sybase
9 14 (1.75%) Bloomberg
10 12 (1.50%) Perforce
11 11 (1.38%) Red Hat
12 10 (1.25%) Tradeweb
13 8 (1.00%) Arista
13 8 (1.00%) Google
14 6 (0.75%) Atlassian
14 6 (0.75%) IBM
14 6 (0.75%) Talarian
14 6 (0.75%) VMware
15 5 (0.63%) Juniper