Period
to 21 October 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 October 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 Oct 2018
Same period 2017 Same period 2016
Rank 179 146 249
Rank change year-on-year -33 +103 -26
Contract jobs citing Low Latency 731 866 468
As % of all contract IT jobs advertised in London 1.60% 1.92% 1.05%
As % of the Processes & Methodologies category 1.83% 2.18% 1.20%
Number of daily rates quoted 601 731 416
London median daily rate £650 £625 £600
Median daily rate % change year-on-year +4.00% +4.17% -4.00%
10th Percentile £513 £463 £419
90th Percentile £788 £775 £738
England median daily rate £650 £625 £600
% change year-on-year +4.00% +4.17% -
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - £50.00 -

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 40,032 39,667 38,888
As % of all contract IT jobs advertised in London 87.51% 88.03% 87.16%
Number of daily rates quoted 28,904 28,710 27,958
London median daily rate £500 £500 £463
Median daily rate % change year-on-year - +7.99% +2.89%
10th Percentile £325 £313 £300
90th Percentile £675 £663 £642
England median daily rate £473 £450 £425
% change year-on-year +5.00% +5.88% +3.03%
Number of hourly rates quoted 466 362 408
London median hourly rate £21.13 £22.81 £21.57
Median hourly rate % change year-on-year -7.39% +5.75% +7.85%
10th Percentile £13.31 £13.02 £11.40
90th Percentile £53.13 £50.00 £52.50
England median hourly rate £21.00 £24.82 £22.50
% change year-on-year -15.39% +10.31% +3.97%

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 October 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 October 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 -26 184 £650 - 51
East London -14 15 £738 +18.00% 5
West London +6 12 £500 -14.89% 26
South London -18 11 £550 +4.76%
Low Latency
England

For the 6 months to 21 October 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 London region with a requirement for Low Latency.

1 467 (63.89%) Java
2 311 (42.54%) Multithreading
3 285 (38.99%) Front Office
4 257 (35.16%) Foreign Exchange (FX)
5 238 (32.56%) Electronic Trading
6 226 (30.92%) Finance
7 225 (30.78%) Agile Software Development
8 199 (27.22%) Banking
9 141 (19.29%) Linux
10 138 (18.88%) TDD
11 125 (17.10%) C#
11 125 (17.10%) SQL
12 122 (16.69%) Algorithmic Trading
13 118 (16.14%) Java 8
14 114 (15.60%) Equities
15 103 (14.09%) Python
16 99 (13.54%) Investment Banking
17 95 (13.00%) FIX Protocol
18 82 (11.22%) Fixed Income
19 77 (10.53%) BDD
20 72 (9.85%) C++
20 72 (9.85%) High Availability
21 69 (9.44%) Microservices
21 69 (9.44%) Unix
22 68 (9.30%) E-Commerce
23 67 (9.17%) JavaScript
23 67 (9.17%) .NET
23 67 (9.17%) Greenfield Project
24 65 (8.89%) Unit Testing
25 64 (8.76%) Spring

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 24 (3.28%) Elasticsearch
2 18 (2.46%) Apache Spark
3 15 (2.05%) Apache Solr
4 10 (1.37%) Oracle Workflow
5 8 (1.09%) Tomcat
6 6 (0.82%) Apache
6 6 (0.82%) Oracle Coherence
7 5 (0.68%) NServiceBus
7 5 (0.68%) WebLogic
8 3 (0.41%) IIS
8 3 (0.41%) Jetty
8 3 (0.41%) WebSphere
9 2 (0.27%) Exchange Server 2010
9 2 (0.27%) Exchange Server 2013
9 2 (0.27%) MS Exchange
9 2 (0.27%) Mule
9 2 (0.27%) SharePoint
10 1 (0.14%) CMS
10 1 (0.14%) JBoss
10 1 (0.14%) nginx
Applications
1 5 (0.68%) Microsoft Excel
2 3 (0.41%) Microsoft PowerPoint
Business Applications
1 20 (2.74%) ION MarketView
2 1 (0.14%) RMDS
Cloud Services
1 38 (5.20%) Amazon AWS
2 28 (3.83%) Microsoft Azure
3 8 (1.09%) Cloud Computing
3 8 (1.09%) Google Cloud Platform
4 5 (0.68%) npm
5 4 (0.55%) IaaS
6 3 (0.41%) Amazon EC2
6 3 (0.41%) Office 365
7 2 (0.27%) Yarn
8 1 (0.14%) Amazon EMR
8 1 (0.14%) Amazon S3
8 1 (0.14%) AWS CloudFormation
8 1 (0.14%) AWS Lambda
8 1 (0.14%) GitHub
8 1 (0.14%) Serverless
Communications & Networking
1 27 (3.69%) Multicast
2 19 (2.60%) Firewall
3 13 (1.78%) BGP
4 11 (1.50%) OSPF
5 10 (1.37%) TCP/IP
6 8 (1.09%) MPLS
7 7 (0.96%) EIGRP
7 7 (0.96%) Internet
8 6 (0.82%) DNS
8 6 (0.82%) IGMP
9 4 (0.55%) DHCP
10 3 (0.41%) BIG-IP
10 3 (0.41%) FIX Connectivity
10 3 (0.41%) SAN
10 3 (0.41%) VPN
10 3 (0.41%) WAN
11 2 (0.27%) InfiniBand
11 2 (0.27%) IPsec
11 2 (0.27%) LAN
11 2 (0.27%) SMTP
Database & Business Intelligence
1 59 (8.07%) SQL Server
2 43 (5.88%) Relational Database
3 41 (5.61%) NoSQL
4 24 (3.28%) Big Data
5 20 (2.74%) KDB
6 19 (2.60%) Hadoop
7 18 (2.46%) Apache Cassandra
8 14 (1.92%) MongoDB
8 14 (1.92%) MySQL
9 10 (1.37%) Blockchain
10 9 (1.23%) Oracle Database
10 9 (1.23%) RDBMS
11 7 (0.96%) Apache Hive
11 7 (0.96%) Neo4j
11 7 (0.96%) Redis
12 6 (0.82%) Kdb+
13 4 (0.55%) Oracle Database 10g
13 4 (0.55%) Tick Data
14 3 (0.41%) Parquet
14 3 (0.41%) PostgreSQL
Development Applications
1 37 (5.06%) Jenkins
2 35 (4.79%) Maven
3 30 (4.10%) Git (software)
4 28 (3.83%) JUnit
5 21 (2.87%) Mockito
6 15 (2.05%) TeamCity
7 14 (1.92%) Gradle
8 13 (1.78%) NUnit
9 11 (1.50%) Atlassian Bamboo
10 10 (1.37%) Gatling
10 10 (1.37%) JMeter
10 10 (1.37%) LoadRunner
11 9 (1.23%) Subversion
12 8 (1.09%) JIRA
13 7 (0.96%) Moq
13 7 (0.96%) webpack
14 6 (0.82%) Sonatype Nexus
15 5 (0.68%) Cucumber
15 5 (0.68%) Jasmine
16 4 (0.55%) SpecFlow
General
1 285 (38.99%) Front Office
2 226 (30.92%) Finance
3 199 (27.22%) Banking
4 99 (13.54%) Investment Banking
5 23 (3.15%) Financial Institution
6 17 (2.33%) Back Office
7 10 (1.37%) Games
8 7 (0.96%) Retail
9 4 (0.55%) Marketing
10 2 (0.27%) Legal
10 2 (0.27%) Retail Banking
Job Titles
1 532 (72.78%) Developer
2 325 (44.46%) Java Developer
3 90 (12.31%) Electronic Trading Developer
4 86 (11.76%) C# Developer
5 75 (10.26%) Senior Developer
6 72 (9.85%) Electronic Trading Java Developer
7 59 (8.07%) Low Latency Java Developer
8 57 (7.80%) Front Office Developer
9 50 (6.84%) Senior Java Developer
10 45 (6.16%) Java Engineer
11 38 (5.20%) C++ Developer
12 29 (3.97%) Analyst
13 21 (2.87%) Senior Java Engineer
14 20 (2.74%) Scala Developer
15 19 (2.60%) JavaScript Developer
16 18 (2.46%) Low Latency C++ Developer
17 17 (2.33%) Software Engineer
18 16 (2.19%) Python Engineer
18 16 (2.19%) Support Analyst
19 15 (2.05%) Algorithmic Trading Developer
Libraries, Frameworks & Software Standards
1 95 (13.00%) FIX Protocol
2 67 (9.17%) .NET
3 64 (8.76%) Spring
4 54 (7.39%) HTML
5 52 (7.11%) REST
6 38 (5.20%) React
7 37 (5.06%) AngularJS
7 37 (5.06%) HTML5
7 37 (5.06%) Middleware
7 37 (5.06%) WPF
8 36 (4.92%) Kafka
8 36 (4.92%) RESTful
9 35 (4.79%) Hibernate
10 33 (4.51%) CSS
10 33 (4.51%) Node.js
11 31 (4.24%) JMS
12 25 (3.42%) Web Services
13 24 (3.28%) Rendezvous
13 24 (3.28%) Spring Boot
14 19 (2.60%) Redux
Miscellaneous
1 257 (35.16%) Foreign Exchange (FX)
2 114 (15.60%) Equities
3 82 (11.22%) Fixed Income
4 67 (9.17%) Greenfield Project
5 59 (8.07%) Derivative
6 54 (7.39%) Analytical Skills
7 52 (7.11%) Algorithms
8 42 (5.75%) Computer Science
9 33 (4.51%) User Experience
10 31 (4.24%) Data Structures
11 20 (2.74%) Fintech
12 18 (2.46%) Data Centre
12 18 (2.46%) Hedge funds
12 18 (2.46%) Self-Motivation
13 15 (2.05%) Equity Derivative
14 13 (1.78%) Market Risk
15 11 (1.50%) Enterprise Software
15 11 (1.50%) Linux Command Line
16 9 (1.23%) Grid Computing
17 6 (0.82%) N-Tier
Operating Systems
1 141 (19.29%) Linux
2 69 (9.44%) Unix
3 24 (3.28%) Windows
4 18 (2.46%) Red Hat Enterprise Linux
5 3 (0.41%) Apple iOS
5 3 (0.41%) Solaris
5 3 (0.41%) SUSE Linux Enterprise Server
6 2 (0.27%) AIX
6 2 (0.27%) SUSE
6 2 (0.27%) Windows Server 2008
6 2 (0.27%) Windows Server 2012
6 2 (0.27%) zOS
7 1 (0.14%) CentOS
Processes & Methodologies
1 311 (42.54%) Multithreading
2 238 (32.56%) Electronic Trading
3 225 (30.78%) Agile Software Development
4 138 (18.88%) TDD
5 122 (16.69%) Algorithmic Trading
6 77 (10.53%) BDD
7 72 (9.85%) High Availability
8 69 (9.44%) Microservices
9 68 (9.30%) E-Commerce
10 65 (8.89%) Unit Testing
11 61 (8.34%) DevOps
12 57 (7.80%) Multithreaded Programming
13 56 (7.66%) Scrum
14 54 (7.39%) OO
15 50 (6.84%) Risk Management
15 50 (6.84%) Ultra-Low Latency
16 48 (6.57%) Open Source
17 46 (6.29%) Problem-Solving
18 44 (6.02%) Software Engineering
19 42 (5.75%) Performance Optimisation
Programming Languages
1 467 (63.89%) Java
2 125 (17.10%) C#
2 125 (17.10%) SQL
3 118 (16.14%) Java 8
4 103 (14.09%) Python
5 72 (9.85%) C++
6 67 (9.17%) JavaScript
7 57 (7.80%) Scala
8 20 (2.74%) Bash Shell
8 20 (2.74%) Perl
9 15 (2.05%) TypeScript
10 14 (1.92%) ES6
11 11 (1.50%) Ruby
12 10 (1.37%) C
12 10 (1.37%) T-SQL
13 3 (0.41%) Apple Swift
13 3 (0.41%) Groovy
13 3 (0.41%) Kotlin
13 3 (0.41%) Objective-C
13 3 (0.41%) XAML
Qualifications
1 30 (4.10%) Degree
2 16 (2.19%) Computer Science Degree
3 8 (1.09%) CCIE
3 8 (1.09%) Cisco Certification
4 6 (0.82%) CCNP
4 6 (0.82%) Master's Degree
5 5 (0.68%) JNCIP
5 5 (0.68%) PhD
6 2 (0.27%) VMware Certified Professional (VCP)
7 1 (0.14%) ITIL Certification
7 1 (0.14%) JNCIE
7 1 (0.14%) Numerate Degree
7 1 (0.14%) Sun Certification
Quality Assurance & Compliance
1 15 (2.05%) QA
2 7 (0.96%) EMIR
2 7 (0.96%) MiFID
3 3 (0.41%) Dodd-Frank
4 2 (0.27%) Data Quality
5 1 (0.14%) PMO
System Software
1 49 (6.70%) Docker
2 5 (0.68%) Active Directory
2 5 (0.68%) HDFS
3 4 (0.55%) NFS
4 2 (0.27%) Hyper-V
4 2 (0.27%) VMware Infrastructure
5 1 (0.14%) Apache ZooKeeper
5 1 (0.14%) Firmware
5 1 (0.14%) Squid
5 1 (0.14%) Veritas Cluster Server
Systems Management
1 22 (3.01%) Kubernetes
2 19 (2.60%) Ansible
3 11 (1.50%) Prometheus
4 8 (1.09%) Puppet
5 7 (0.96%) Opscode Chef
6 4 (0.55%) Salt
7 3 (0.41%) ITRS Geneos
7 3 (0.41%) Nagios
7 3 (0.41%) Single Sign-On
8 2 (0.27%) Control-M
8 2 (0.27%) Kibana
8 2 (0.27%) logstash
8 2 (0.27%) SELinux
8 2 (0.27%) ZABBIX
9 1 (0.14%) CFEngine
9 1 (0.14%) HP Quality Center
9 1 (0.14%) Nessus
9 1 (0.14%) Nmap
9 1 (0.14%) Oozie
9 1 (0.14%) RSA enVision
Vendors
1 57 (7.80%) Oracle
2 43 (5.88%) TIBCO
3 24 (3.28%) ION Trading
4 18 (2.46%) Currenex
5 16 (2.19%) Reuters
6 15 (2.05%) Red Hat
7 12 (1.64%) Arista
7 12 (1.64%) Cisco
8 11 (1.50%) Microsoft
9 10 (1.37%) AppDynamics
9 10 (1.37%) Bloomberg
9 10 (1.37%) Google
9 10 (1.37%) SOASTA, Inc
10 9 (1.23%) Sun
11 8 (1.09%) Juniper
11 8 (1.09%) Solace
11 8 (1.09%) Sybase
12 7 (0.96%) Software AG
12 7 (0.96%) Tableau
13 6 (0.82%) F5