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 3 months to 29 April 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
3 months to
29 Apr 2017
Same period 2016 Same period 2015
Rank 154 191 159
Rank change year-on-year +37 -32  
Contract jobs citing Low Latency 335 289 318
As % of all contract IT jobs advertised in London 1.63% 1.25% 1.42%
As % of the Processes & Methodologies category 1.90% 1.47% 1.73%
Number of daily rates quoted 271 248 264
Median daily rate £600 £625 £650
Median daily rate % change year-on-year -4.00% -3.84%  
90% offered a daily rate of more than £450 £473 £500
10% offered a daily rate of more than £750 £700 £750
UK excluding London median daily rate £433 £475 £500
% change year-on-year -8.94% -5.00%  
Number of hourly rates quoted 0 1 1
Median hourly rate - £27.27 £90.00
Median hourly rate % change year-on-year - -69.70%  
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 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 17635 19626 18357
As % of all contract IT job vacancies advertised in London 85.68% 85.21% 81.82%
Number of daily rates quoted 12669 14282 12820
Median daily rate £490 £475 £450
Median daily rate % change year-on-year +3.15% +5.55%  
90% offered a daily rate of more than £350 £325 £310
10% offered a daily rate of more than £638 £625 £613
UK excluding London median daily rate £415 £400 £390
% change year-on-year +3.75% +2.56%  
Number of hourly rates quoted 180 176 258
Median hourly rate £28.35 £21.78 £20.00
Median hourly rate % change year-on-year +30.14% +8.90%  
90% offered a hourly rate of more than £14.18 £12.75 £11.00
10% offered a hourly rate of more than £52.50 £52.50 £55.00
UK excluding London median hourly rate £37.00 £36.00 £30.50
% change year-on-year +2.77% +18.03%  

Low Latency
Job Vacancy Trend in London

The job posting trend of jobs advertised in 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 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 3 months to 29 April 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 3 months to 29 April 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London -2 68 £600 -4.00% 43
Canary Wharf +1 7 £618 +28.64%
Docklands, London - 2 £550 -
Bromley +12 1 £575 -4.16%
Low Latency
England

For the 6 months to 29 April 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.

1 333 (52.61%) Multithreading
2 331 (52.29%) Java
3 268 (42.34%) Foreign Exchange (FX)
4 249 (39.34%) Finance
5 242 (38.23%) Electronic Trading
6 237 (37.44%) C++
7 226 (35.70%) Front Office
7 226 (35.70%) Banking
8 195 (30.81%) Linux
9 162 (25.59%) Agile Software Development
10 153 (24.17%) Investment Banking
11 147 (23.22%) Unix
12 129 (20.38%) Equities
13 109 (17.22%) SQL
14 106 (16.75%) High Availability
15 96 (15.17%) FIX Protocol
16 94 (14.85%) Fixed Income
17 93 (14.69%) Greenfield Project
18 91 (14.38%) Multithreaded Programming
19 84 (13.27%) Algorithmic Trading
20 78 (12.32%) SDLC
21 76 (12.01%) Python
22 74 (11.69%) TDD
23 73 (11.53%) C#
24 68 (10.74%) OO
25 67 (10.58%) Spring
26 66 (10.43%) Oracle
27 63 (9.95%) Boost C++ Libraries
28 62 (9.79%) Algorithms
29 60 (9.48%) Analytical Skills

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 23 (3.63%) Oracle Coherence
2 8 (1.26%) Tomcat
3 6 (0.95%) Apache Spark
3 6 (0.95%) WebSphere
4 5 (0.79%) GemFire
5 4 (0.63%) GlassFish
5 4 (0.63%) Jetty
5 4 (0.63%) NServiceBus
6 3 (0.47%) Apache Solr
6 3 (0.47%) Elasticsearch
6 3 (0.47%) MQSeries
6 3 (0.47%) Oracle Workflow
7 2 (0.32%) Apache Qpid
7 2 (0.32%) JBoss
7 2 (0.32%) Lightstreamer
7 2 (0.32%) Oracle SOA Suite
7 2 (0.32%) WebORB
8 1 (0.16%) Apache
8 1 (0.16%) MS Exchange
8 1 (0.16%) MTS
Applications
1 4 (0.63%) Microsoft Excel
1 4 (0.63%) Microsoft PowerPoint
2 3 (0.47%) MS Visio
3 1 (0.16%) Microsoft Project
Business Applications
1 22 (3.48%) ION MarketView
2 2 (0.32%) RMDS
3 1 (0.16%) BondVision
3 1 (0.16%) Global One
3 1 (0.16%) SunGard Martini
Cloud Services
1 30 (4.74%) Amazon AWS
2 6 (0.95%) Amazon Kinesis
2 6 (0.95%) IaaS
3 5 (0.79%) Amazon EC2
3 5 (0.79%) Cloud Computing
4 3 (0.47%) AWS Lambda
5 2 (0.32%) CloudFront
6 1 (0.16%) Microsoft Azure
6 1 (0.16%) PaaS
Communications & Networking
1 29 (4.58%) TCP/IP
2 15 (2.37%) Multicast
3 13 (2.05%) DNS
3 13 (2.05%) Internet
4 8 (1.26%) Firewall
4 8 (1.26%) tcpdump
5 7 (1.11%) BGP
6 6 (0.95%) DHCP
7 5 (0.79%) Cisco Nexus
7 5 (0.79%) SSL
8 4 (0.63%) FIX Connectivity
8 4 (0.63%) LDAP
8 4 (0.63%) MPLS
9 3 (0.47%) EIGRP
10 2 (0.32%) Cisco ASA
10 2 (0.32%) LAN
10 2 (0.32%) OSPF
10 2 (0.32%) VPN
10 2 (0.32%) WAN
11 1 (0.16%) WLAN
Database & Business Intelligence
1 41 (6.48%) KDB
2 30 (4.74%) Relational Database
3 23 (3.63%) SQL Server
4 22 (3.48%) NoSQL
5 17 (2.69%) Kdb+
6 13 (2.05%) Big Data
7 10 (1.58%) Hadoop
7 10 (1.58%) Tick Data
8 8 (1.26%) MySQL
9 7 (1.11%) Amazon RDS
10 6 (0.95%) RDBMS
11 5 (0.79%) Apache Cassandra
11 5 (0.79%) MongoDB
12 4 (0.63%) Amazon Redshift
12 4 (0.63%) HBase
12 4 (0.63%) InterSystems Cache
13 3 (0.47%) Amazon DynamoDB
13 3 (0.47%) Neo4j
13 3 (0.47%) Oracle Database
14 1 (0.16%) SQL Server 2012
Development Applications
1 37 (5.85%) Git (software)
1 37 (5.85%) Jenkins
2 25 (3.95%) Maven
3 21 (3.32%) Subversion
4 17 (2.69%) TeamCity
5 15 (2.37%) Hudson
6 12 (1.90%) JUnit
7 9 (1.42%) Eclipse
8 8 (1.26%) IntelliJ
9 6 (0.95%) Ant
9 6 (0.95%) Mockito
9 6 (0.95%) Sonatype Nexus
10 5 (0.79%) JIRA
10 5 (0.79%) Moq
10 5 (0.79%) NUnit
10 5 (0.79%) Selenium
11 4 (0.63%) Atlassian Bamboo
11 4 (0.63%) Grunt
11 4 (0.63%) gulp
11 4 (0.63%) Visual Studio
General
1 249 (39.34%) Finance
2 226 (35.70%) Banking
2 226 (35.70%) Front Office
3 153 (24.17%) Investment Banking
4 9 (1.42%) Telecoms
5 8 (1.26%) Financial Institution
5 8 (1.26%) Publishing
6 4 (0.63%) Games
6 4 (0.63%) Prime Brokerage
6 4 (0.63%) Retail
7 1 (0.16%) Advertising
7 1 (0.16%) Law
7 1 (0.16%) Legal
7 1 (0.16%) Marketing
7 1 (0.16%) Retail Banking
Job Titles
1 486 (76.78%) Developer
2 254 (40.13%) Java Developer
3 144 (22.75%) C++ Developer
4 108 (17.06%) Electronic Trading Developer
5 80 (12.64%) Senior Developer
6 68 (10.74%) Senior Java Developer
7 64 (10.11%) Electronic Trading Java Developer
8 52 (8.21%) Low Latency C++ Developer
8 52 (8.21%) Low Latency Java Developer
9 37 (5.85%) Electronic Trading C++ Developer
10 36 (5.69%) Front Office Developer
11 28 (4.42%) Linux Developer
12 27 (4.27%) C# Developer
13 18 (2.84%) Access Developer
13 18 (2.84%) Analyst
13 18 (2.84%) Python Developer
14 17 (2.69%) Agile Developer
14 17 (2.69%) KDB Developer
15 16 (2.53%) Core Java Developer
15 16 (2.53%) JavaScript Developer
Libraries, Frameworks & Software Standards
1 96 (15.17%) FIX Protocol
2 67 (10.58%) Spring
3 63 (9.95%) Boost C++ Libraries
4 56 (8.85%) STL
5 48 (7.58%) HTML
6 41 (6.48%) Middleware
7 37 (5.85%) Hibernate
8 36 (5.69%) Web Services
9 35 (5.53%) HTML5
9 35 (5.53%) RESTful
10 32 (5.06%) JNI
11 31 (4.90%) AngularJS
12 26 (4.11%) Rendezvous
13 25 (3.95%) JMS
14 23 (3.63%) .NET
14 23 (3.63%) REST
14 23 (3.63%) Ultra Messaging
15 22 (3.48%) Kafka
15 22 (3.48%) Node.js
15 22 (3.48%) XML
Miscellaneous
1 268 (42.34%) Foreign Exchange (FX)
2 129 (20.38%) Equities
3 94 (14.85%) Fixed Income
4 93 (14.69%) Greenfield Project
5 62 (9.79%) Algorithms
6 60 (9.48%) Analytical Skills
7 40 (6.32%) Computer Science
7 40 (6.32%) Derivative
8 34 (5.37%) Fintech
9 27 (4.27%) Data Structures
10 13 (2.05%) Hedge funds
11 12 (1.90%) User Experience
12 11 (1.74%) Data Centre
13 9 (1.42%) Enterprise Software
13 9 (1.42%) N-Tier
13 9 (1.42%) TWAP
13 9 (1.42%) Virtual Team
13 9 (1.42%) VWAP
14 8 (1.26%) Credit Risk
14 8 (1.26%) RIA
Operating Systems
1 195 (30.81%) Linux
2 147 (23.22%) Unix
3 46 (7.27%) Windows
4 25 (3.95%) Solaris
5 16 (2.53%) Red Hat Enterprise Linux
6 7 (1.11%) Windows Server
7 5 (0.79%) CentOS
8 4 (0.63%) AIX
9 1 (0.16%) Fedora
9 1 (0.16%) Ubuntu
9 1 (0.16%) VMS
Processes & Methodologies
1 333 (52.61%) Multithreading
2 242 (38.23%) Electronic Trading
3 162 (25.59%) Agile Software Development
4 106 (16.75%) High Availability
5 91 (14.38%) Multithreaded Programming
6 84 (13.27%) Algorithmic Trading
7 78 (12.32%) SDLC
8 74 (11.69%) TDD
9 68 (10.74%) OO
10 54 (8.53%) E-Commerce
11 49 (7.74%) Risk Management
12 45 (7.11%) Software Engineering
13 43 (6.79%) Scrum
14 41 (6.48%) Continuous Integration
15 38 (6.00%) Microservices
16 37 (5.85%) Concurrent Programming
17 35 (5.53%) Open Source
18 32 (5.06%) High-Frequency Trading
19 31 (4.90%) DevOps
19 31 (4.90%) Ultra-Low Latency
Programming Languages
1 331 (52.29%) Java
2 237 (37.44%) C++
3 109 (17.22%) SQL
4 76 (12.01%) Python
5 73 (11.53%) C#
6 51 (8.06%) JavaScript
7 41 (6.48%) Perl
8 40 (6.32%) C
9 38 (6.00%) Bash Shell
10 30 (4.74%) Scala
11 16 (2.53%) Shell Script
12 13 (2.05%) Ruby
13 8 (1.26%) PHP
13 8 (1.26%) PL/SQL
14 7 (1.11%) ES6
14 7 (1.11%) MATLAB
15 4 (0.63%) T-SQL
16 3 (0.47%) Bourne shell
16 3 (0.47%) C-shell
16 3 (0.47%) GraphQL
Qualifications
1 44 (6.95%) Degree
2 4 (0.63%) Cisco Certification
3 3 (0.47%) CCIE
4 2 (0.32%) CCNP
4 2 (0.32%) PhD
5 1 (0.16%) BPSS Clearance
5 1 (0.16%) JNCIE
5 1 (0.16%) MCSE
5 1 (0.16%) Microsoft Certification
5 1 (0.16%) SC Cleared
5 1 (0.16%) Security Cleared
Quality Assurance & Compliance
1 26 (4.11%) MiFID
2 13 (2.05%) QA
3 7 (1.11%) SLA
4 2 (0.32%) ISO20022
5 1 (0.16%) EMIR
5 1 (0.16%) ISO/IEC 27001
5 1 (0.16%) PCI DSS
5 1 (0.16%) PMO
System Software
1 11 (1.74%) Docker
2 8 (1.26%) NFS
2 8 (1.26%) VMware Infrastructure
3 5 (0.79%) Active Directory
4 4 (0.63%) Oracle RAC
5 3 (0.47%) Apache ZooKeeper
5 3 (0.47%) KVM
6 1 (0.16%) Virtual Machines
Systems Management
1 21 (3.32%) Puppet
2 17 (2.69%) Ansible
3 11 (1.74%) ITRS Geneos
4 9 (1.42%) Graphite
4 9 (1.42%) Nagios
5 8 (1.26%) Opscode Chef
6 7 (1.11%) Thomson Reuters DACS
7 5 (0.79%) Terraform
8 4 (0.63%) TeamSite
9 3 (0.47%) Oracle ZFS
10 2 (0.32%) Rundeck
11 1 (0.16%) Kubernetes
11 1 (0.16%) Red Hat Satellite
11 1 (0.16%) yum
Vendors
1 66 (10.43%) Oracle
2 54 (8.53%) TIBCO
3 33 (5.21%) ION Trading
4 25 (3.95%) Solace
5 24 (3.79%) Red Hat
6 22 (3.48%) Reuters
7 18 (2.84%) Sybase
8 11 (1.74%) Cisco
9 10 (1.58%) Bloomberg
9 10 (1.58%) Microsoft
10 9 (1.42%) Cognizant
10 9 (1.42%) IBM
10 9 (1.42%) VMware
11 7 (1.11%) Currenex
11 7 (1.11%) HP
12 6 (0.95%) Informatica
13 5 (0.79%) Arista
13 5 (0.79%) Citrix
13 5 (0.79%) Fixnetix
13 5 (0.79%) SaltStack
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