Period
to 23 July 2017

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 23 July 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
England > London
6 months to
23 Jul 2017
Same period 2016 Same period 2015
Rank 141 207 192
Rank change year-on-year +66 -15 +6
Contract jobs citing Low Latency 763 545 608
As % of all contract IT jobs advertised in London 1.83% 1.20% 1.32%
As % of the Processes & Methodologies category 2.12% 1.40% 1.60%
Number of daily rates quoted 626 477 508
London median daily rate £603 £625 £625
Median daily rate % change year-on-year -3.60% - +4.17%
10th Percentile £426 £450 £461
90th Percentile £750 £725 £756
England median daily rate £600 £600 £625
% change year-on-year - -4.00% +4.17%
Number of hourly rates quoted 0 1 1
London median hourly rate - £27.27 £90.00
Median hourly rate % change year-on-year - -69.71% -
England median hourly rate £50.00 £27.27 £90.00
% change year-on-year +83.39% -69.71% +125.00%

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 London with a requirement for process and methodology skills.

Contract Process & Methodology Skills
London
Contract job vacancies with a requirement for process and methodology skills 36039 38893 37923
As % of all contract IT job vacancies advertised in London 86.40% 85.75% 82.34%
Number of daily rates quoted 25789 28183 26781
London median daily rate £488 £463 £450
Median daily rate % change year-on-year +5.41% +2.78% +5.88%
10th Percentile £313 £303 £280
90th Percentile £656 £650 £638
England median daily rate £450 £425 £407
% change year-on-year +5.88% +4.42% +1.75%
Number of hourly rates quoted 372 331 517
London median hourly rate £24.39 £21.50 £19.72
Median hourly rate % change year-on-year +13.42% +9.05% +3.76%
10th Percentile £13.00 £11.25 £10.50
90th Percentile £51.93 £51.25 £57.50
England median hourly rate £25.00 £25.00 £21.75
% change year-on-year - +14.94% +6.10%

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 23 July 2017.

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 23 July 2017. 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 +40 166 £625 +4.17% 38
Canary Wharf +4 11 £581 +21.09%
Docklands, London - 2 £550 -
Bromley +12 1 £575 -4.17%
Low Latency
England

For the 6 months to 23 July 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 London region with a requirement for Low Latency.

1 471 (61.73%) Java
2 399 (52.29%) Multithreading
3 343 (44.95%) Front Office
4 325 (42.60%) Electronic Trading
5 306 (40.10%) Finance
6 299 (39.19%) Foreign Exchange (FX)
7 284 (37.22%) Banking
8 241 (31.59%) C++
9 205 (26.87%) Agile Software Development
10 200 (26.21%) Linux
11 185 (24.25%) Investment Banking
12 165 (21.63%) SQL
13 149 (19.53%) Equities
14 121 (15.86%) Greenfield Project
15 112 (14.68%) SDLC
16 111 (14.55%) FIX Protocol
17 109 (14.29%) Unix
17 109 (14.29%) Multithreaded Programming
18 108 (14.15%) Python
19 104 (13.63%) High Availability
20 103 (13.50%) C#
21 101 (13.24%) Fixed Income
22 100 (13.11%) TDD
23 92 (12.06%) Analytical Skills
24 90 (11.80%) Oracle
25 85 (11.14%) Algorithmic Trading
26 80 (10.48%) JavaScript
27 74 (9.70%) TIBCO
28 73 (9.57%) HTML
29 70 (9.17%) ION Trading

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 (2.36%) Tomcat
2 16 (2.10%) Oracle Coherence
3 14 (1.83%) Elasticsearch
3 14 (1.83%) Oracle Workflow
4 10 (1.31%) Apache Spark
5 7 (0.92%) Confluence
6 5 (0.66%) GemFire
7 4 (0.52%) Apache
7 4 (0.52%) GlassFish
7 4 (0.52%) Jetty
7 4 (0.52%) NServiceBus
8 3 (0.39%) Apache Solr
8 3 (0.39%) JBoss
8 3 (0.39%) MQSeries
8 3 (0.39%) Oracle SOA Suite
8 3 (0.39%) WebSphere
9 2 (0.26%) Apache Qpid
10 1 (0.13%) Exchange Server 2010
10 1 (0.13%) Lightstreamer
10 1 (0.13%) nginx
Applications
1 5 (0.66%) MS Visio
2 3 (0.39%) Microsoft Excel
3 2 (0.26%) Microsoft PowerPoint
3 2 (0.26%) Spreadsheet
4 1 (0.13%) GIMP
4 1 (0.13%) Microsoft Office
4 1 (0.13%) Microsoft Project
4 1 (0.13%) Photoshop
Business Applications
1 38 (4.98%) ION MarketView
2 3 (0.39%) Bloomberg TOMS
3 2 (0.26%) Postilion
3 2 (0.26%) RMDS
4 1 (0.13%) BASE24
4 1 (0.13%) Global One
4 1 (0.13%) Sentinel
4 1 (0.13%) SunGard Martini
Cloud Services
1 20 (2.62%) Amazon AWS
2 5 (0.66%) IaaS
3 4 (0.52%) Cloud Computing
4 3 (0.39%) Amazon EC2
5 2 (0.26%) Amazon EMR
5 2 (0.26%) Amazon Glacier
5 2 (0.26%) Amazon Kinesis
5 2 (0.26%) Amazon S3
6 1 (0.13%) AWS Lambda
6 1 (0.13%) CloudFront
Communications & Networking
1 28 (3.67%) TCP/IP
2 24 (3.15%) Firewall
3 20 (2.62%) BGP
4 16 (2.10%) OSPF
5 15 (1.97%) Internet
5 15 (1.97%) Multicast
6 14 (1.83%) EIGRP
7 12 (1.57%) MPLS
8 11 (1.44%) LAN
8 11 (1.44%) Network Security
9 10 (1.31%) Spanning Tree
9 10 (1.31%) WAN
9 10 (1.31%) WLAN
10 9 (1.18%) Cisco Nexus
10 9 (1.18%) FIX Connectivity
11 8 (1.05%) DNS
11 8 (1.05%) HSRP
11 8 (1.05%) IPv6
11 8 (1.05%) SNMP
11 8 (1.05%) TACACS
Database & Business Intelligence
1 49 (6.42%) SQL Server
2 45 (5.90%) Relational Database
3 34 (4.46%) KDB
4 25 (3.28%) NoSQL
5 17 (2.23%) Kdb+
6 14 (1.83%) Apache Cassandra
7 13 (1.70%) Big Data
8 10 (1.31%) Hadoop
8 10 (1.31%) Tick Data
9 8 (1.05%) MySQL
9 8 (1.05%) RDBMS
10 7 (0.92%) MariaDB
11 6 (0.79%) Blockchain
12 5 (0.66%) Apache Hive
13 4 (0.52%) Amazon Redshift
13 4 (0.52%) Data Warehouse
13 4 (0.52%) HBase
13 4 (0.52%) MongoDB
14 3 (0.39%) Impala
14 3 (0.39%) Neo4j
Development Applications
1 59 (7.73%) Git (software)
2 54 (7.08%) Subversion
3 51 (6.68%) TeamCity
4 42 (5.50%) Maven
5 29 (3.80%) Sonatype Nexus
6 28 (3.67%) Jenkins
7 17 (2.23%) Selenium
8 14 (1.83%) JUnit
8 14 (1.83%) WebDriver
9 13 (1.70%) JIRA
9 13 (1.70%) VSS/SourceSafe
10 12 (1.57%) Eclipse
11 10 (1.31%) Bitbucket
11 10 (1.31%) Grunt
11 10 (1.31%) gulp
12 8 (1.05%) Mockito
13 7 (0.92%) Hudson
13 7 (0.92%) NUnit
13 7 (0.92%) Team Foundation Server
13 7 (0.92%) Xcode
General
1 343 (44.95%) Front Office
2 306 (40.10%) Finance
3 284 (37.22%) Banking
4 185 (24.25%) Investment Banking
5 41 (5.37%) Financial Institution
6 12 (1.57%) Telecoms
7 9 (1.18%) Law
8 4 (0.52%) Back Office
8 4 (0.52%) Games
9 3 (0.39%) Prime Brokerage
10 2 (0.26%) Retail
11 1 (0.13%) French Language
11 1 (0.13%) Legal
Job Titles
1 635 (83.22%) Developer
2 386 (50.59%) Java Developer
3 155 (20.31%) Electronic Trading Developer
4 116 (15.20%) Electronic Trading Java Developer
5 113 (14.81%) C++ Developer
6 91 (11.93%) Senior Developer
7 82 (10.75%) Low Latency Java Developer
8 76 (9.96%) Senior Java Developer
9 54 (7.08%) Front Office Developer
10 42 (5.50%) C# Developer
11 37 (4.85%) Low Latency C++ Developer
12 34 (4.46%) Agile Developer
13 31 (4.06%) JavaScript Developer
14 28 (3.67%) Electronic Trading C++ Developer
15 22 (2.88%) Agile Java Developer
15 22 (2.88%) Java Swing Developer
16 21 (2.75%) Angular Developer
17 20 (2.62%) Analyst
17 20 (2.62%) Core Java Developer
18 19 (2.49%) Linux Developer
Libraries, Frameworks & Software Standards
1 111 (14.55%) FIX Protocol
2 73 (9.57%) HTML
3 67 (8.78%) Spring
4 61 (7.99%) HTML5
5 52 (6.82%) RESTful
6 49 (6.42%) Boost C++ Libraries
6 49 (6.42%) JNI
7 47 (6.16%) CSS
8 45 (5.90%) AngularJS
9 42 (5.50%) JMS
9 42 (5.50%) Middleware
10 40 (5.24%) Rendezvous
11 38 (4.98%) Ultra Messaging
11 38 (4.98%) Web Services
12 36 (4.72%) REST
12 36 (4.72%) STL
13 35 (4.59%) Hibernate
14 32 (4.19%) Swing
15 31 (4.06%) Node.js
16 29 (3.80%) React
Miscellaneous
1 299 (39.19%) Foreign Exchange (FX)
2 149 (19.53%) Equities
3 121 (15.86%) Greenfield Project
4 101 (13.24%) Fixed Income
5 92 (12.06%) Analytical Skills
6 54 (7.08%) Fintech
7 44 (5.77%) Computer Science
8 38 (4.98%) Algorithms
8 38 (4.98%) Derivative
9 24 (3.15%) Hedge funds
10 20 (2.62%) User Experience
11 19 (2.49%) Virtual Team
12 18 (2.36%) Data Structures
13 14 (1.83%) Data Centre
14 13 (1.70%) Enterprise Software
15 11 (1.44%) Equity Derivative
16 10 (1.31%) TWAP
16 10 (1.31%) VWAP
17 8 (1.05%) RIA
18 7 (0.92%) NHS
Operating Systems
1 200 (26.21%) Linux
2 109 (14.29%) Unix
3 41 (5.37%) Windows
4 12 (1.57%) Solaris
5 11 (1.44%) CentOS
6 10 (1.31%) Red Hat Enterprise Linux
7 8 (1.05%) Apple iOS
8 5 (0.66%) Windows Server
9 3 (0.39%) AIX
10 1 (0.13%) VMS
10 1 (0.13%) Windows Server 2008
10 1 (0.13%) Windows Server 2012
Processes & Methodologies
1 399 (52.29%) Multithreading
2 325 (42.60%) Electronic Trading
3 205 (26.87%) Agile Software Development
4 112 (14.68%) SDLC
5 109 (14.29%) Multithreaded Programming
6 104 (13.63%) High Availability
7 100 (13.11%) TDD
8 85 (11.14%) Algorithmic Trading
9 52 (6.82%) Test Automation
10 49 (6.42%) OO
11 46 (6.03%) Software Engineering
12 45 (5.90%) Microservices
13 43 (5.64%) E-Commerce
14 41 (5.37%) Unit Testing
15 40 (5.24%) Open Source
16 39 (5.11%) Scrum
17 38 (4.98%) Concurrent Programming
17 38 (4.98%) High-Frequency Trading
18 37 (4.85%) Continuous Integration
19 36 (4.72%) Analytics
Programming Languages
1 471 (61.73%) Java
2 241 (31.59%) C++
3 165 (21.63%) SQL
4 108 (14.15%) Python
5 103 (13.50%) C#
6 80 (10.48%) JavaScript
7 53 (6.95%) C
8 48 (6.29%) Bash Shell
9 40 (5.24%) Perl
10 24 (3.15%) Scala
11 13 (1.70%) PL/SQL
11 13 (1.70%) Shell Script
12 8 (1.05%) T-SQL
13 7 (0.92%) Apple Swift
13 7 (0.92%) Objective-C
13 7 (0.92%) PHP
14 6 (0.79%) ES6
14 6 (0.79%) Ruby
15 5 (0.66%) MATLAB
16 4 (0.52%) GraphQL
Qualifications
1 50 (6.55%) Degree
2 21 (2.75%) Cisco Certification
3 14 (1.83%) Computer Science Degree
4 11 (1.44%) PhD
5 9 (1.18%) CCIE
5 9 (1.18%) CCNP
6 3 (0.39%) Master's Degree
7 2 (0.26%) Numerate Degree
7 2 (0.26%) Security Cleared
8 1 (0.13%) BPSS Clearance
8 1 (0.13%) CCIE Routing and Switching
8 1 (0.13%) JNCIE
8 1 (0.13%) SC Cleared
8 1 (0.13%) VMware Certified Professional (VCP)
Quality Assurance & Compliance
1 36 (4.72%) MiFID
2 20 (2.62%) QA
3 4 (0.52%) EMIR
4 2 (0.26%) SLA
5 1 (0.13%) ISO 20022
5 1 (0.13%) PMO
System Software
1 12 (1.57%) Docker
2 5 (0.66%) NFS
2 5 (0.66%) VMware Infrastructure
3 4 (0.52%) Active Directory
4 3 (0.39%) Apache ZooKeeper
5 2 (0.26%) Oracle RAC
5 2 (0.26%) Virtual Machines
6 1 (0.13%) Hyper-V
Systems Management
1 12 (1.57%) Puppet
2 11 (1.44%) Ansible
3 8 (1.05%) Nagios
4 7 (0.92%) Kubernetes
5 5 (0.66%) Graphite
5 5 (0.66%) Opscode Chef
6 3 (0.39%) Cacti
6 3 (0.39%) Cisco Prime
6 3 (0.39%) Oozie
6 3 (0.39%) TeamSite
6 3 (0.39%) Terraform
7 2 (0.26%) Opsview
7 2 (0.26%) Rundeck
8 1 (0.13%) CA Spectrum
8 1 (0.13%) Control-M
8 1 (0.13%) ITRS Geneos
8 1 (0.13%) yum
Vendors
1 90 (11.80%) Oracle
2 74 (9.70%) TIBCO
3 70 (9.17%) ION Trading
4 41 (5.37%) Sybase
5 29 (3.80%) Microsoft
6 28 (3.67%) Currenex
6 28 (3.67%) Solace
7 24 (3.15%) Bloomberg
7 24 (3.15%) Cisco
8 21 (2.75%) Red Hat
9 15 (1.97%) Perforce
10 13 (1.70%) Tradeweb
11 12 (1.57%) CheckPoint
11 12 (1.57%) HP
12 9 (1.18%) Citrix
12 9 (1.18%) Reuters
12 9 (1.18%) Riverbed
12 9 (1.18%) SAP
12 9 (1.18%) SolarWinds
13 8 (1.05%) Atlassian
City of London
Hays London City Cheapside
Rate: £550.00 - £750.00 per day
Posted: 3 days ago
London
TEKsystems
Rate: £650 - £900 per day
Posted: 2 days ago
London
McGregor Boyall
Rate: £600 - £700 per day
Posted: 2 days ago
City of London
Hays London City Cheapside
Posted: 5 days ago
London
McGregor Boyall
Rate: £650 - £700 per day
Posted: 3 days ago
City, London
Oliver James Associates
Rate: £575 - £625 per day
Posted: 2 days ago
London
McGregor Boyall
Rate: £800 - £1000 per day
Posted: 3 days ago
London
Martin & Conley
Rate: £450 - £550 per day
Posted: 5 days ago
City, London
Client Server
Rate: £525 to £575 p/day
Posted: 2 days ago
London
Lorien Resourcing
Rate: negotiable
Posted: 5 days ago
City, London
TEKsystems
Rate: £700 - £850 per day
Posted: 6 days ago
London
Client Server
Rate: £525 to £575 p/day
Posted: 3 days ago
London
Harrington Starr
Rate: £500 per day
Posted: 6 days ago
City, London
Oscar
Rate: £350 - £440 per day
Posted: 4 days ago
City, London
TEKsystems
Rate: £500 - £550 per day
Posted: 6 days ago
London
Client Server
Rate: £525 to £575 p/day
Posted: 10 days ago
London
Harvey Nash plc
Rate: £550 - £620 per day
Posted: 6 days ago
Hammersmith
Gambit Research
Rate: Negotiable
Posted: 26 days ago