Period
to 18 July 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 18 July 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
18 Jul 2018
Same period 2017 Same period 2016
Rank 155 143 217
Rank change year-on-year -12 +74 -35
Contract jobs citing Low Latency 840 766 541
As % of all contract IT jobs advertised in London 1.82% 1.83% 1.19%
As % of the Processes & Methodologies category 2.08% 2.11% 1.38%
Number of daily rates quoted 689 629 469
London median daily rate £650 £600 £625
Median daily rate % change year-on-year +8.33% -4.00% -
10th Percentile £481 £425 £450
90th Percentile £808 £753 £725
England median daily rate £650 £600 £600
% change year-on-year +8.33% - -4.00%
Number of hourly rates quoted 0 0 1
London median hourly rate - - £27.27
England median hourly rate - £50.00 £27.27
% change year-on-year - +83.39% -69.71%

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 40,353 36,357 39,292
As % of all contract IT jobs advertised in London 87.34% 86.99% 86.32%
Number of daily rates quoted 29,275 25,994 28,449
London median daily rate £500 £485 £463
Median daily rate % change year-on-year +3.09% +4.86% +2.78%
10th Percentile £325 £313 £300
90th Percentile £675 £656 £650
England median daily rate £463 £450 £425
% change year-on-year +2.78% +5.88% +4.94%
Number of hourly rates quoted 542 388 359
London median hourly rate £24.50 £24.12 £21.34
Median hourly rate % change year-on-year +1.60% +13.00% +8.24%
10th Percentile £14.00 £12.85 £11.25
90th Percentile £53.75 £52.50 £49.29
England median hourly rate £22.46 £25.00 £24.00
% change year-on-year -10.16% +4.17% +11.63%

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 July 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 18 July 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 -22 201 £650 +8.33% 55
West London - 15 £563 - 15
East London -26 10 £650 +18.18% 4
South London -34 8 £550 -4.35%
Low Latency
England

For the 6 months to 18 July 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.

1 564 (67.14%) Java
2 362 (43.10%) Multithreading
3 348 (41.43%) Front Office
3 348 (41.43%) Foreign Exchange (FX)
4 322 (38.33%) Electronic Trading
5 261 (31.07%) Finance
6 241 (28.69%) Agile Software Development
6 241 (28.69%) Banking
7 161 (19.17%) Linux
8 153 (18.21%) SQL
9 152 (18.10%) C#
10 145 (17.26%) Java 8
11 140 (16.67%) TDD
11 140 (16.67%) Algorithmic Trading
12 133 (15.83%) Equities
13 127 (15.12%) C++
13 127 (15.12%) Investment Banking
14 107 (12.74%) E-Commerce
15 101 (12.02%) Unix
16 93 (11.07%) FIX Protocol
17 90 (10.71%) High Availability
18 88 (10.48%) Python
18 88 (10.48%) JavaScript
19 83 (9.88%) .NET
20 82 (9.76%) Microservices
21 81 (9.64%) REST
22 78 (9.29%) OO
23 77 (9.17%) Analytical Skills
24 73 (8.69%) Derivative
25 68 (8.10%) 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 23 (2.74%) Elasticsearch
2 19 (2.26%) Tomcat
3 16 (1.90%) Apache Spark
4 14 (1.67%) Apache Solr
4 14 (1.67%) JBoss
5 11 (1.31%) Oracle Coherence
6 10 (1.19%) Oracle Workflow
7 5 (0.60%) NServiceBus
8 4 (0.48%) Apache
8 4 (0.48%) DataSynapse
9 3 (0.36%) Jetty
9 3 (0.36%) SharePoint
10 2 (0.24%) Exchange Server 2010
10 2 (0.24%) Exchange Server 2013
10 2 (0.24%) IIS
10 2 (0.24%) MS Exchange
10 2 (0.24%) WebLogic
11 1 (0.12%) CMS
11 1 (0.12%) nginx
11 1 (0.12%) Umbraco
Applications
1 3 (0.36%) Microsoft Office
1 3 (0.36%) MS Visio
1 3 (0.36%) Spreadsheet
Business Applications
1 24 (2.86%) ION MarketView
2 6 (0.71%) RMDS
Cloud Services
1 48 (5.71%) Amazon AWS
2 33 (3.93%) Microsoft Azure
3 9 (1.07%) Google Cloud Platform
4 6 (0.71%) Cloud Computing
4 6 (0.71%) IaaS
5 5 (0.60%) Amazon EMR
5 5 (0.60%) Amazon S3
5 5 (0.60%) npm
6 3 (0.36%) Google Analytics
6 3 (0.36%) Serverless
7 2 (0.24%) Amazon EC2
7 2 (0.24%) Amazon SQS
7 2 (0.24%) AWS CloudFormation
7 2 (0.24%) Yarn
8 1 (0.12%) AWS Lambda
8 1 (0.12%) Heroku
8 1 (0.12%) Office 365
8 1 (0.12%) SaaS
Communications & Networking
1 30 (3.57%) Multicast
2 27 (3.21%) Firewall
3 20 (2.38%) TCP/IP
4 14 (1.67%) DNS
5 13 (1.55%) Internet
6 12 (1.43%) DHCP
7 11 (1.31%) OSPF
8 10 (1.19%) LAN
9 9 (1.07%) Cisco IOS
10 8 (0.95%) Extranet
11 7 (0.83%) BGP
12 3 (0.36%) BIG-IP
12 3 (0.36%) Cisco Nexus
12 3 (0.36%) EIGRP
12 3 (0.36%) FIX Connectivity
12 3 (0.36%) HTTP
12 3 (0.36%) SAN
13 2 (0.24%) Kerberos
13 2 (0.24%) SMTP
13 2 (0.24%) WAN
Database & Business Intelligence
1 56 (6.67%) SQL Server
2 54 (6.43%) NoSQL
3 41 (4.88%) Relational Database
4 32 (3.81%) KDB
5 28 (3.33%) Big Data
6 20 (2.38%) MySQL
7 18 (2.14%) Hadoop
7 18 (2.14%) RDBMS
8 13 (1.55%) Blockchain
9 12 (1.43%) Apache Cassandra
9 12 (1.43%) MongoDB
9 12 (1.43%) Neo4j
10 10 (1.19%) PostgreSQL
11 9 (1.07%) BigQuery
11 9 (1.07%) Bigtable
11 9 (1.07%) Kdb+
12 7 (0.83%) Impala
12 7 (0.83%) Redis
13 6 (0.71%) Oracle Database
13 6 (0.71%) Parquet
Development Applications
1 50 (5.95%) Maven
2 44 (5.24%) Git (software)
3 34 (4.05%) Jenkins
4 26 (3.10%) JUnit
5 23 (2.74%) Gradle
6 20 (2.38%) Mockito
7 18 (2.14%) JIRA
8 17 (2.02%) Subversion
9 16 (1.90%) TeamCity
10 12 (1.43%) NUnit
11 11 (1.31%) CircleCI
12 10 (1.19%) Jasmine
13 8 (0.95%) Sonatype Nexus
14 7 (0.83%) Cucumber
14 7 (0.83%) JMeter
15 6 (0.71%) GitLab
15 6 (0.71%) GoogleTest
15 6 (0.71%) Moq
15 6 (0.71%) Selenium
16 5 (0.60%) Gatling
General
1 348 (41.43%) Front Office
2 261 (31.07%) Finance
3 241 (28.69%) Banking
4 127 (15.12%) Investment Banking
5 34 (4.05%) Financial Institution
6 21 (2.50%) Games
7 17 (2.02%) Retail
8 16 (1.90%) Back Office
9 8 (0.95%) Telecoms
10 3 (0.36%) Legal
11 2 (0.24%) Marketing
12 1 (0.12%) Automotive
12 1 (0.12%) Digital Economy
12 1 (0.12%) General Ledger
12 1 (0.12%) Law
12 1 (0.12%) Retail Banking
Job Titles
1 644 (76.67%) Developer
2 388 (46.19%) Java Developer
3 153 (18.21%) Electronic Trading Developer
4 116 (13.81%) Senior Developer
5 111 (13.21%) Electronic Trading Java Developer
6 100 (11.90%) C# Developer
7 92 (10.95%) Low Latency Java Developer
8 89 (10.60%) Front Office Developer
9 70 (8.33%) Senior Java Developer
10 62 (7.38%) C++ Developer
11 50 (5.95%) Java Engineer
12 41 (4.88%) Analyst
13 34 (4.05%) JavaScript Developer
14 32 (3.81%) Low Latency C++ Developer
15 26 (3.10%) Business Analyst
16 22 (2.62%) Senior Java Engineer
17 21 (2.50%) Algorithmic Trading Developer
18 17 (2.02%) .NET Developer
18 17 (2.02%) Scala Developer
19 16 (1.90%) FX Business Analyst
Libraries, Frameworks & Software Standards
1 93 (11.07%) FIX Protocol
2 83 (9.88%) .NET
3 81 (9.64%) REST
4 68 (8.10%) Spring
5 60 (7.14%) HTML
6 58 (6.90%) Kafka
7 43 (5.12%) CSS
8 41 (4.88%) Hibernate
8 41 (4.88%) HTML5
9 40 (4.76%) AngularJS
9 40 (4.76%) Middleware
10 39 (4.64%) React
11 38 (4.52%) Node.js
12 35 (4.17%) RESTful
13 31 (3.69%) JMS
14 29 (3.45%) Spring Boot
15 27 (3.21%) Boost C++ Libraries
16 26 (3.10%) Java EE
16 26 (3.10%) STL
16 26 (3.10%) Web Services
Miscellaneous
1 348 (41.43%) Foreign Exchange (FX)
2 133 (15.83%) Equities
3 77 (9.17%) Analytical Skills
4 73 (8.69%) Derivative
5 63 (7.50%) Fixed Income
6 57 (6.79%) Computer Science
7 53 (6.31%) Greenfield Project
8 38 (4.52%) Algorithms
9 34 (4.05%) Hedge funds
10 33 (3.93%) Fintech
11 29 (3.45%) User Experience
12 28 (3.33%) Data Structures
13 26 (3.10%) Equity Derivative
14 20 (2.38%) Data Centre
15 13 (1.55%) Hybrid Cloud
16 11 (1.31%) Clustering
16 11 (1.31%) Market Risk
17 9 (1.07%) Credit Risk
17 9 (1.07%) Self-Motivation
18 8 (0.95%) Virtual Team
Operating Systems
1 161 (19.17%) Linux
2 101 (12.02%) Unix
3 26 (3.10%) Windows
4 14 (1.67%) Red Hat Enterprise Linux
5 5 (0.60%) Solaris
6 4 (0.48%) SUSE Linux Enterprise Server
7 3 (0.36%) AIX
8 2 (0.24%) SUSE
8 2 (0.24%) Windows Server 2008
8 2 (0.24%) Windows Server 2012
Processes & Methodologies
1 362 (43.10%) Multithreading
2 322 (38.33%) Electronic Trading
3 241 (28.69%) Agile Software Development
4 140 (16.67%) Algorithmic Trading
4 140 (16.67%) TDD
5 107 (12.74%) E-Commerce
6 90 (10.71%) High Availability
7 82 (9.76%) Microservices
8 78 (9.29%) OO
9 68 (8.10%) Unit Testing
10 62 (7.38%) DevOps
11 59 (7.02%) Scrum
12 58 (6.90%) BDD
13 57 (6.79%) Multithreaded Programming
14 54 (6.43%) Problem-Solving
14 54 (6.43%) Risk Management
15 53 (6.31%) Performance Optimisation
16 51 (6.07%) Open Source
17 49 (5.83%) Concurrent Programming
17 49 (5.83%) Kanban
Programming Languages
1 564 (67.14%) Java
2 153 (18.21%) SQL
3 152 (18.10%) C#
4 145 (17.26%) Java 8
5 127 (15.12%) C++
6 88 (10.48%) JavaScript
6 88 (10.48%) Python
7 46 (5.48%) Scala
8 27 (3.21%) Perl
9 23 (2.74%) ES6
10 18 (2.14%) C
11 14 (1.67%) Bash Shell
12 10 (1.19%) T-SQL
13 8 (0.95%) Clojure
13 8 (0.95%) Ruby
13 8 (0.95%) TypeScript
14 5 (0.60%) Kotlin
15 4 (0.48%) Groovy
15 4 (0.48%) Objective-C
15 4 (0.48%) Shell Script
Qualifications
1 49 (5.83%) Degree
2 26 (3.10%) Computer Science Degree
3 9 (1.07%) Numerate Degree
4 8 (0.95%) PhD
5 7 (0.83%) Cisco Certification
6 6 (0.71%) CCIE
6 6 (0.71%) CCNP
7 4 (0.48%) Security Cleared
8 3 (0.36%) SC Cleared
9 2 (0.24%) CCNA
9 2 (0.24%) VMware Certified Professional (VCP)
10 1 (0.12%) AWS Certification
10 1 (0.12%) ITIL Certification
10 1 (0.12%) JNCIE
10 1 (0.12%) JNCIP
10 1 (0.12%) Sun Certification
Quality Assurance & Compliance
1 15 (1.79%) QA
2 14 (1.67%) MiFID
3 9 (1.07%) GCP
4 5 (0.60%) EMIR
5 3 (0.36%) Dodd-Frank
6 1 (0.12%) Data Quality
6 1 (0.12%) SLA
System Software
1 51 (6.07%) Docker
2 11 (1.31%) HDFS
3 5 (0.60%) Apache ZooKeeper
3 5 (0.60%) NFS
4 2 (0.24%) Active Directory
4 2 (0.24%) Firmware
4 2 (0.24%) Hyper-V
4 2 (0.24%) VMware Infrastructure
5 1 (0.12%) Squid
5 1 (0.12%) Veritas Cluster Server
Systems Management
1 21 (2.50%) Kubernetes
2 16 (1.90%) Ansible
3 12 (1.43%) Puppet
4 8 (0.95%) Opscode Chef
5 5 (0.60%) Oozie
6 4 (0.48%) Prometheus
6 4 (0.48%) Salt
7 3 (0.36%) ITRS Geneos
7 3 (0.36%) Nagios
8 2 (0.24%) Control-M
8 2 (0.24%) Kibana
8 2 (0.24%) logstash
8 2 (0.24%) SELinux
8 2 (0.24%) Terraform
8 2 (0.24%) ZABBIX
9 1 (0.12%) CFEngine
9 1 (0.12%) Marathon
9 1 (0.12%) Nessus
9 1 (0.12%) Nmap
9 1 (0.12%) RSA enVision
Vendors
1 58 (6.90%) Oracle
2 42 (5.00%) TIBCO
3 28 (3.33%) Reuters
4 27 (3.21%) ION Trading
5 25 (2.98%) Bloomberg
6 19 (2.26%) Google
7 17 (2.02%) Cisco
8 16 (1.90%) Currenex
8 16 (1.90%) Red Hat
9 14 (1.67%) Capita
10 12 (1.43%) Microsoft
10 12 (1.43%) Sybase
11 11 (1.31%) Arista
11 11 (1.31%) Solace
12 9 (1.07%) CheckPoint
13 8 (0.95%) IBM
14 7 (0.83%) Software AG
14 7 (0.83%) Sun
15 6 (0.71%) F5
15 6 (0.71%) Tableau