Period
to 18 December 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 18 December 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
18 Dec 2017
Same period 2016 Same period 2015
Rank 149 242 204
Rank change year-on-year +93 -38 -30
Contract jobs citing Low Latency 886 474 603
As % of all contract IT jobs advertised in London 1.86% 1.07% 1.31%
As % of the Processes & Methodologies category 2.15% 1.24% 1.55%
Number of daily rates quoted 738 413 505
London median daily rate £650 £600 £600
Median daily rate % change year-on-year +8.33% - -2.04%
10th Percentile £475 £413 £438
90th Percentile £800 £748 £750
England median daily rate £650 £593 £600
% change year-on-year +9.70% -1.25% -
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate £50.00 - £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 41261 38093 38856
As % of all contract IT jobs advertised in London 86.78% 86.28% 84.40%
Number of daily rates quoted 30075 27275 27693
London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% +2.27%
10th Percentile £313 £308 £290
90th Percentile £675 £650 £638
England median daily rate £450 £430 £425
% change year-on-year +4.65% +1.18% +6.25%
Number of hourly rates quoted 379 416 472
London median hourly rate £22.50 £22.50 £20.25
Median hourly rate % change year-on-year - +11.11% +12.50%
10th Percentile £13.29 £12.20 £11.25
90th Percentile £54.30 £50.00 £50.00
England median hourly rate £25.00 £24.50 £22.00
% change year-on-year +2.04% +11.36% +15.79%

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 18 December 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 18 December 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
Central London +54 237 £675 +16.38% 35
East London -1 12 £625 +11.11% 1
West London -11 4 £588 +11.90% 6
South London - 3 £525 -
North London - 1 £475 -
Low Latency
England

For the 6 months to 18 December 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.

1 611 (68.96%) Java
2 455 (51.35%) Multithreading
3 434 (48.98%) Front Office
4 395 (44.58%) Electronic Trading
5 374 (42.21%) Foreign Exchange (FX)
6 353 (39.84%) Banking
7 246 (27.77%) Finance
8 207 (23.36%) Investment Banking
9 205 (23.14%) Linux
10 188 (21.22%) C++
11 186 (20.99%) Agile Software Development
12 164 (18.51%) Algorithmic Trading
13 144 (16.25%) SQL
14 135 (15.24%) High Availability
15 130 (14.67%) FIX Protocol
15 130 (14.67%) Multithreaded Programming
16 127 (14.33%) C#
17 121 (13.66%) Python
18 110 (12.42%) Equities
19 108 (12.19%) Greenfield Project
20 107 (12.08%) TDD
21 88 (9.93%) Analytical Skills
22 86 (9.71%) Concurrent Programming
23 80 (9.03%) JavaScript
24 79 (8.92%) Unix
25 78 (8.80%) Degree
26 77 (8.69%) Fixed Income
27 73 (8.24%) TIBCO
28 69 (7.79%) SDLC
29 68 (7.67%) Ultra-Low Latency

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 17 (1.92%) GemFire
2 15 (1.69%) Elasticsearch
3 14 (1.58%) Apache Spark
3 14 (1.58%) Tomcat
4 12 (1.35%) Confluence
5 11 (1.24%) Apache
6 6 (0.68%) GlassFish
6 6 (0.68%) IIS
6 6 (0.68%) Jetty
6 6 (0.68%) Oracle Workflow
7 5 (0.56%) OpenStack
8 4 (0.45%) Oracle Coherence
9 3 (0.34%) Exchange Server 2010
9 3 (0.34%) Exchange Server 2013
9 3 (0.34%) MS Exchange
10 1 (0.11%) Apache Qpid
10 1 (0.11%) Cloud Foundry
10 1 (0.11%) CMS
10 1 (0.11%) WildFly
Applications
1 14 (1.58%) Spreadsheet
2 2 (0.23%) Microsoft Excel
3 1 (0.11%) GIMP
3 1 (0.11%) Microsoft Office
3 1 (0.11%) MS Visio
3 1 (0.11%) Photoshop
Business Applications
1 32 (3.61%) ION MarketView
2 2 (0.23%) RMDS
3 1 (0.11%) MetaTrader
3 1 (0.11%) Postilion
Cloud Services
1 21 (2.37%) Amazon AWS
2 7 (0.79%) Amazon EC2
2 7 (0.79%) GitHub
2 7 (0.79%) Google Cloud Platform
3 6 (0.68%) Amazon S3
3 6 (0.68%) Microsoft Azure
4 5 (0.56%) Amazon EMR
4 5 (0.56%) Amazon Glacier
5 1 (0.11%) Amazon SQS
5 1 (0.11%) Cloud Computing
Communications & Networking
1 18 (2.03%) BGP
2 17 (1.92%) TCP/IP
3 16 (1.81%) Firewall
3 16 (1.81%) FIX Connectivity
4 15 (1.69%) OSPF
5 13 (1.47%) EIGRP
6 11 (1.24%) MPLS
6 11 (1.24%) Network Security
7 10 (1.13%) Spanning Tree
8 9 (1.02%) Cisco Nexus
8 9 (1.02%) Internet
8 9 (1.02%) LAN
8 9 (1.02%) WAN
8 9 (1.02%) WLAN
9 8 (0.90%) HSRP
9 8 (0.90%) IPv6
9 8 (0.90%) NGN
9 8 (0.90%) SNMP
9 8 (0.90%) TACACS
9 8 (0.90%) VRRP
Database & Business Intelligence
1 52 (5.87%) SQL Server
2 40 (4.51%) Relational Database
3 26 (2.93%) KDB
4 23 (2.60%) Big Data
4 23 (2.60%) Blockchain
5 15 (1.69%) NoSQL
6 13 (1.47%) Hadoop
7 11 (1.24%) Apache Cassandra
8 7 (0.79%) Apache Hive
9 6 (0.68%) Impala
9 6 (0.68%) MongoDB
10 5 (0.56%) Amazon Redshift
10 5 (0.56%) BigQuery
10 5 (0.56%) Flink
10 5 (0.56%) MySQL
10 5 (0.56%) PostgreSQL
10 5 (0.56%) Presto
11 4 (0.45%) Kdb+
12 3 (0.34%) MariaDB
12 3 (0.34%) RDBMS
Development Applications
1 48 (5.42%) TeamCity
2 45 (5.08%) Git (software)
2 45 (5.08%) Subversion
3 29 (3.27%) Maven
4 23 (2.60%) JIRA
5 22 (2.48%) Jenkins
6 19 (2.14%) Xcode
7 18 (2.03%) Bitbucket
7 18 (2.03%) VSS/SourceSafe
8 15 (1.69%) Sonatype Nexus
9 12 (1.35%) Eclipse
10 11 (1.24%) Selenium
11 10 (1.13%) Mockito
12 9 (1.02%) Gradle
12 9 (1.02%) JUnit
12 9 (1.02%) WebDriver
13 7 (0.79%) Hudson
13 7 (0.79%) Jasmine
14 5 (0.56%) Talend Open Studio
14 5 (0.56%) Team Foundation Server
General
1 434 (48.98%) Front Office
2 353 (39.84%) Banking
3 246 (27.77%) Finance
4 207 (23.36%) Investment Banking
5 28 (3.16%) Financial Institution
6 14 (1.58%) Games
7 8 (0.90%) Law
8 5 (0.56%) Back Office
8 5 (0.56%) Retail
9 4 (0.45%) Telecoms
10 2 (0.23%) Marketing
11 1 (0.11%) Advertising
11 1 (0.11%) Pharmaceutical
Job Titles
1 747 (84.31%) Developer
2 473 (53.39%) Java Developer
3 177 (19.98%) Electronic Trading Developer
4 132 (14.90%) Senior Developer
5 130 (14.67%) Electronic Trading Java Developer
6 107 (12.08%) Senior Java Developer
7 101 (11.40%) C++ Developer
8 92 (10.38%) C# Developer
9 71 (8.01%) Front Office Developer
10 59 (6.66%) Low Latency Java Developer
11 40 (4.51%) Algorithmic Trading Developer
11 40 (4.51%) Low Latency C++ Developer
12 31 (3.50%) Linux Developer
13 30 (3.39%) Python Developer
14 28 (3.16%) Java Swing Developer
15 27 (3.05%) Analyst
16 26 (2.93%) Core Java Developer
17 24 (2.71%) Electronic Trading C++ Developer
17 24 (2.71%) Java Developer - Algorithmic Trading
18 22 (2.48%) Pricing Developer
Libraries, Frameworks & Software Standards
1 130 (14.67%) FIX Protocol
2 65 (7.34%) HTML
3 63 (7.11%) RESTful
4 57 (6.43%) JMS
5 51 (5.76%) .NET
6 50 (5.64%) HTML5
7 48 (5.42%) WPF
8 47 (5.30%) Spring
9 46 (5.19%) Rendezvous
10 43 (4.85%) REST
11 42 (4.74%) CSS
12 36 (4.06%) AngularJS
13 33 (3.72%) Hibernate
14 29 (3.27%) Swing
15 27 (3.05%) Ultra Messaging
16 25 (2.82%) Boost C++ Libraries
17 24 (2.71%) React
17 24 (2.71%) TIBCO EMS
17 24 (2.71%) WinForms
18 22 (2.48%) XML
Miscellaneous
1 374 (42.21%) Foreign Exchange (FX)
2 110 (12.42%) Equities
3 108 (12.19%) Greenfield Project
4 88 (9.93%) Analytical Skills
5 77 (8.69%) Fixed Income
6 64 (7.22%) Computer Science
7 49 (5.53%) Derivative
8 42 (4.74%) User Experience
9 40 (4.51%) Equity Derivative
10 33 (3.72%) Algorithms
11 31 (3.50%) Data Structures
12 28 (3.16%) Fintech
13 26 (2.93%) Hedge funds
14 15 (1.69%) Virtual Team
15 11 (1.24%) Credit Risk
15 11 (1.24%) N-Tier
16 9 (1.02%) Data Centre
16 9 (1.02%) Market Risk
17 8 (0.90%) iPad
17 8 (0.90%) iPhone
Operating Systems
1 205 (23.14%) Linux
2 79 (8.92%) Unix
3 20 (2.26%) Apple iOS
4 11 (1.24%) Windows
5 7 (0.79%) Red Hat Enterprise Linux
6 5 (0.56%) AIX
6 5 (0.56%) CentOS
7 4 (0.45%) CoreOS
7 4 (0.45%) Solaris
8 3 (0.34%) Debian
8 3 (0.34%) Ubuntu
8 3 (0.34%) Windows Server
8 3 (0.34%) Windows Server 2008
8 3 (0.34%) Windows Server 2012
Processes & Methodologies
1 455 (51.35%) Multithreading
2 395 (44.58%) Electronic Trading
3 186 (20.99%) Agile Software Development
4 164 (18.51%) Algorithmic Trading
5 135 (15.24%) High Availability
6 130 (14.67%) Multithreaded Programming
7 107 (12.08%) TDD
8 86 (9.71%) Concurrent Programming
9 69 (7.79%) SDLC
10 68 (7.67%) Performance Tuning
10 68 (7.67%) Ultra-Low Latency
11 65 (7.34%) Unit Testing
12 62 (7.00%) Market Making
13 59 (6.66%) Test Automation
14 55 (6.21%) Open Source
15 51 (5.76%) Performance Optimisation
16 46 (5.19%) FX Algorithmic Trading
17 45 (5.08%) Risk Management
18 43 (4.85%) Microservices
19 42 (4.74%) Scrum
Programming Languages
1 611 (68.96%) Java
2 188 (21.22%) C++
3 144 (16.25%) SQL
4 127 (14.33%) C#
5 121 (13.66%) Python
6 80 (9.03%) JavaScript
7 33 (3.72%) C
8 27 (3.05%) Bash Shell
9 25 (2.82%) Perl
10 19 (2.14%) Apple Swift
10 19 (2.14%) Objective-C
11 16 (1.81%) Scala
12 11 (1.24%) T-SQL
13 10 (1.13%) Shell Script
14 7 (0.79%) Kotlin
15 5 (0.56%) Ruby
16 3 (0.34%) ES6
16 3 (0.34%) PowerShell
17 2 (0.23%) Go
17 2 (0.23%) Groovy
Qualifications
1 78 (8.80%) Degree
2 35 (3.95%) PhD
3 31 (3.50%) Computer Science Degree
4 23 (2.60%) Cisco Certification
5 12 (1.35%) CCIE
6 9 (1.02%) CCNP
7 3 (0.34%) RHCE
8 2 (0.23%) CCNA
8 2 (0.23%) Numerate Degree
8 2 (0.23%) VMware Certified Professional (VCP)
9 1 (0.11%) CCIE Routing and Switching
9 1 (0.11%) PRINCE2 Certification
9 1 (0.11%) SC Cleared
9 1 (0.11%) Security Cleared
Quality Assurance & Compliance
1 40 (4.51%) QA
2 27 (3.05%) MiFID
3 7 (0.79%) SLA
4 5 (0.56%) EMIR
4 5 (0.56%) GCP
System Software
1 14 (1.58%) Docker
2 5 (0.56%) VMware Infrastructure
3 4 (0.45%) Active Directory
4 3 (0.34%) KVM
4 3 (0.34%) Oracle RAC
4 3 (0.34%) Samba
5 2 (0.23%) Hyper-V
6 1 (0.11%) Apache ZooKeeper
6 1 (0.11%) HDFS
6 1 (0.11%) Virtual Machines
Systems Management
1 17 (1.92%) Ansible
2 9 (1.02%) Opscode Chef
3 8 (0.90%) Kubernetes
4 7 (0.79%) Puppet
5 4 (0.45%) Rancher
6 3 (0.34%) Cacti
6 3 (0.34%) Cisco Prime
6 3 (0.34%) Kibana
6 3 (0.34%) logstash
6 3 (0.34%) Nagios
6 3 (0.34%) Oozie
6 3 (0.34%) Red Hat Satellite
7 2 (0.23%) ITRS Geneos
7 2 (0.23%) MOM
7 2 (0.23%) Terraform
8 1 (0.11%) CA Spectrum
8 1 (0.11%) yum
Vendors
1 73 (8.24%) TIBCO
2 58 (6.55%) Oracle
3 44 (4.97%) ION Trading
4 33 (3.72%) Currenex
5 32 (3.61%) Sybase
6 31 (3.50%) Cisco
7 30 (3.39%) Microsoft
8 19 (2.14%) Solace
9 18 (2.03%) Perforce
9 18 (2.03%) Reuters
10 17 (1.92%) Bloomberg
11 15 (1.69%) Tradeweb
12 14 (1.58%) CheckPoint
13 13 (1.47%) Atlassian
14 11 (1.24%) Arista
15 10 (1.13%) Red Hat
16 9 (1.02%) HP
16 9 (1.02%) Juniper
16 9 (1.02%) Riverbed
16 9 (1.02%) SAP