Period
to 24 April 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 24 April 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
24 Apr 2018
Same period 2017 Same period 2016
Rank 174 174 181
Rank change year-on-year 0 +7 -11
Contract jobs citing Low Latency 753 616 628
As % of all contract IT jobs advertised in London 1.63% 1.55% 1.43%
As % of the Processes & Methodologies category 1.87% 1.80% 1.66%
Number of daily rates quoted 633 498 541
London median daily rate £675 £600 £600
Median daily rate % change year-on-year +12.50% - -1.03%
10th Percentile £481 £425 £450
90th Percentile £848 £750 £725
England median daily rate £675 £584 £600
% change year-on-year +15.63% -2.71% -
Number of hourly rates quoted 0 0 1
London median hourly rate - - £27.27
England median hourly rate - - £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 40,227 34,302 37,769
As % of all contract IT jobs advertised in London 87.25% 86.27% 85.87%
Number of daily rates quoted 29,048 24,656 27,170
London median daily rate £500 £475 £455
Median daily rate % change year-on-year +5.26% +4.34% +1.17%
10th Percentile £319 £313 £300
90th Percentile £675 £650 £645
England median daily rate £463 £450 £425
% change year-on-year +2.78% +5.88% +4.29%
Number of hourly rates quoted 555 377 427
London median hourly rate £24.09 £25.00 £21.00
Median hourly rate % change year-on-year -3.64% +19.05% +12.90%
10th Percentile £14.00 £12.65 £11.25
90th Percentile £52.69 £54.00 £51.09
England median hourly rate £22.50 £25.00 £23.34
% change year-on-year -10.00% +7.11% +11.51%

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 24 April 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 24 April 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 -11 207 £675 +12.50% 71
West London -27 11 £563 +7.14% 18
East London -22 3 £675 +20.00% 4
South London -45 2 £513 -10.87% 1
Low Latency
England

For the 6 months to 24 April 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.

1 523 (69.46%) Java
2 336 (44.62%) Foreign Exchange (FX)
3 329 (43.69%) Electronic Trading
4 319 (42.36%) Multithreading
5 307 (40.77%) Front Office
6 273 (36.25%) Banking
7 242 (32.14%) Finance
8 179 (23.77%) Agile Software Development
9 150 (19.92%) C++
10 144 (19.12%) Investment Banking
11 140 (18.59%) C#
11 140 (18.59%) Linux
12 132 (17.53%) Algorithmic Trading
13 115 (15.27%) SQL
14 110 (14.61%) TDD
14 110 (14.61%) Java 8
15 107 (14.21%) Equities
16 100 (13.28%) FIX Protocol
17 98 (13.01%) High Availability
18 88 (11.69%) Unix
19 83 (11.02%) .NET
20 78 (10.36%) E-Commerce
21 75 (9.96%) JavaScript
22 71 (9.43%) Computer Science
23 69 (9.16%) Python
24 66 (8.76%) Degree
25 65 (8.63%) Microservices
26 62 (8.23%) OO
27 61 (8.10%) REST
27 61 (8.10%) 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 18 (2.39%) Elasticsearch
2 17 (2.26%) Apache Spark
2 17 (2.26%) Tomcat
3 16 (2.12%) GemFire
4 13 (1.73%) JBoss
5 9 (1.20%) Oracle Coherence
6 8 (1.06%) Apache
6 8 (1.06%) Apache Solr
7 4 (0.53%) DataSynapse
8 3 (0.40%) GlassFish
8 3 (0.40%) Jetty
8 3 (0.40%) SharePoint
9 2 (0.27%) Apache Pig
10 1 (0.13%) CMS
10 1 (0.13%) Confluence
10 1 (0.13%) Exchange Server 2010
10 1 (0.13%) Exchange Server 2013
10 1 (0.13%) IIS
10 1 (0.13%) MS Exchange
10 1 (0.13%) Oracle Workflow
Applications
1 10 (1.33%) Spreadsheet
2 4 (0.53%) MS Visio
3 3 (0.40%) Microsoft Office
Business Applications
1 10 (1.33%) ION MarketView
2 6 (0.80%) RMDS
Cloud Services
1 37 (4.91%) Amazon AWS
2 15 (1.99%) Microsoft Azure
3 11 (1.46%) Google Cloud Platform
4 4 (0.53%) Amazon EMR
4 4 (0.53%) Amazon S3
5 3 (0.40%) Google Analytics
5 3 (0.40%) npm
5 3 (0.40%) Serverless
6 2 (0.27%) Amazon SQS
6 2 (0.27%) AWS CloudFormation
6 2 (0.27%) IaaS
7 1 (0.13%) AWS Lambda
7 1 (0.13%) GitHub
7 1 (0.13%) Heroku
7 1 (0.13%) SaaS
7 1 (0.13%) Yarn
Communications & Networking
1 17 (2.26%) TCP/IP
2 16 (2.12%) Multicast
3 15 (1.99%) Firewall
4 11 (1.46%) Internet
5 9 (1.20%) Cisco IOS
5 9 (1.20%) DNS
5 9 (1.20%) LAN
6 8 (1.06%) DHCP
6 8 (1.06%) Extranet
6 8 (1.06%) OSPF
7 5 (0.66%) BGP
7 5 (0.66%) FIX Connectivity
8 4 (0.53%) tcpdump
9 3 (0.40%) Cisco Nexus
9 3 (0.40%) EIGRP
10 2 (0.27%) Cisco ASA
10 2 (0.27%) HTTP
10 2 (0.27%) Kerberos
11 1 (0.13%) AMQP
11 1 (0.13%) Network Security
Database & Business Intelligence
1 40 (5.31%) Relational Database
2 38 (5.05%) NoSQL
2 38 (5.05%) SQL Server
3 35 (4.65%) Big Data
4 28 (3.72%) KDB
5 23 (3.05%) Blockchain
6 21 (2.79%) Hadoop
7 15 (1.99%) MySQL
8 14 (1.86%) RDBMS
9 12 (1.59%) MongoDB
10 11 (1.46%) BigQuery
10 11 (1.46%) Bigtable
11 10 (1.33%) Apache Cassandra
11 10 (1.33%) Kdb+
11 10 (1.33%) Neo4j
12 8 (1.06%) Apache Hive
12 8 (1.06%) PostgreSQL
13 7 (0.93%) HBase
14 6 (0.80%) Impala
14 6 (0.80%) Tick Data
Development Applications
1 31 (4.12%) Maven
2 30 (3.98%) Git (software)
3 24 (3.19%) Jenkins
4 17 (2.26%) JIRA
5 15 (1.99%) Gradle
5 15 (1.99%) Subversion
5 15 (1.99%) TeamCity
6 14 (1.86%) JUnit
7 11 (1.46%) Mockito
8 10 (1.33%) Jasmine
9 8 (1.06%) CircleCI
10 6 (0.80%) GoogleTest
10 6 (0.80%) JMeter
10 6 (0.80%) Moq
10 6 (0.80%) NUnit
11 5 (0.66%) Cucumber
11 5 (0.66%) GitLab
11 5 (0.66%) Selenium
12 4 (0.53%) Gatling
12 4 (0.53%) Sonatype Nexus
General
1 307 (40.77%) Front Office
2 273 (36.25%) Banking
3 242 (32.14%) Finance
4 144 (19.12%) Investment Banking
5 21 (2.79%) Financial Institution
6 20 (2.66%) Games
7 13 (1.73%) Retail
8 8 (1.06%) Telecoms
9 4 (0.53%) Back Office
10 1 (0.13%) Advertising
10 1 (0.13%) Automotive
10 1 (0.13%) Digital Economy
10 1 (0.13%) General Ledger
10 1 (0.13%) Law
10 1 (0.13%) Legal
10 1 (0.13%) Marketing
Job Titles
1 599 (79.55%) Developer
2 353 (46.88%) Java Developer
3 140 (18.59%) Electronic Trading Developer
4 122 (16.20%) Senior Developer
5 91 (12.08%) C# Developer
6 88 (11.69%) Electronic Trading Java Developer
7 85 (11.29%) Low Latency Java Developer
8 82 (10.89%) Senior Java Developer
9 77 (10.23%) Front Office Developer
10 71 (9.43%) C++ Developer
11 35 (4.65%) Low Latency C++ Developer
12 30 (3.98%) Java Engineer
13 27 (3.59%) Analyst
14 24 (3.19%) JavaScript Developer
15 21 (2.79%) .NET Developer
15 21 (2.79%) Electronic Trading C++ Developer
16 19 (2.52%) C# .NET Developer
16 19 (2.52%) Network Engineer
17 18 (2.39%) Algorithmic Trading Developer
17 18 (2.39%) Business Analyst
Libraries, Frameworks & Software Standards
1 100 (13.28%) FIX Protocol
2 83 (11.02%) .NET
3 61 (8.10%) REST
4 46 (6.11%) Spring
5 41 (5.44%) Kafka
6 39 (5.18%) HTML
7 34 (4.52%) Hibernate
7 34 (4.52%) RESTful
8 33 (4.38%) AngularJS
9 31 (4.12%) WPF
10 29 (3.85%) HTML5
11 28 (3.72%) Java EE
11 28 (3.72%) JMS
12 27 (3.59%) Node.js
12 27 (3.59%) Rendezvous
13 26 (3.45%) CSS
13 26 (3.45%) React
13 26 (3.45%) STL
13 26 (3.45%) XML
14 25 (3.32%) Boost C++ Libraries
Miscellaneous
1 336 (44.62%) Foreign Exchange (FX)
2 107 (14.21%) Equities
3 71 (9.43%) Computer Science
4 61 (8.10%) Analytical Skills
5 58 (7.70%) Derivative
6 55 (7.30%) Greenfield Project
7 50 (6.64%) Fixed Income
8 32 (4.25%) Fintech
8 32 (4.25%) User Experience
9 29 (3.85%) Hedge funds
10 28 (3.72%) Algorithms
11 25 (3.32%) Equity Derivative
12 19 (2.52%) Data Centre
13 17 (2.26%) Data Structures
14 13 (1.73%) Hybrid Cloud
15 10 (1.33%) Virtual Team
16 9 (1.20%) Clustering
17 6 (0.80%) Credit Risk
17 6 (0.80%) Field-Programmable Gate Array
17 6 (0.80%) Market Risk
Operating Systems
1 140 (18.59%) Linux
2 88 (11.69%) Unix
3 16 (2.12%) Windows
4 8 (1.06%) Red Hat Enterprise Linux
5 7 (0.93%) Solaris
6 4 (0.53%) Apple iOS
7 3 (0.40%) Windows Server
7 3 (0.40%) Windows Server 2008
8 1 (0.13%) AIX
8 1 (0.13%) CoreOS
8 1 (0.13%) SUSE Linux Enterprise Server
8 1 (0.13%) Windows Server 2012
Processes & Methodologies
1 329 (43.69%) Electronic Trading
2 319 (42.36%) Multithreading
3 179 (23.77%) Agile Software Development
4 132 (17.53%) Algorithmic Trading
5 110 (14.61%) TDD
6 98 (13.01%) High Availability
7 78 (10.36%) E-Commerce
8 65 (8.63%) Microservices
9 62 (8.23%) OO
10 57 (7.57%) Ultra-Low Latency
11 56 (7.44%) Multithreaded Programming
12 53 (7.04%) Unit Testing
13 51 (6.77%) Performance Optimisation
14 50 (6.64%) Scrum
15 48 (6.37%) BDD
16 47 (6.24%) Problem-Solving
17 46 (6.11%) Concurrent Programming
18 45 (5.98%) Kanban
19 43 (5.71%) Market Making
19 43 (5.71%) Open Source
Programming Languages
1 523 (69.46%) Java
2 150 (19.92%) C++
3 140 (18.59%) C#
4 115 (15.27%) SQL
5 110 (14.61%) Java 8
6 75 (9.96%) JavaScript
7 69 (9.16%) Python
8 29 (3.85%) Scala
9 22 (2.92%) C
10 20 (2.66%) Perl
11 16 (2.12%) ES6
12 9 (1.20%) Bash Shell
13 8 (1.06%) Objective-C
13 8 (1.06%) Shell Script
14 7 (0.93%) T-SQL
15 6 (0.80%) Clojure
15 6 (0.80%) Ruby
16 5 (0.66%) TypeScript
17 4 (0.53%) Apple Swift
17 4 (0.53%) Groovy
Qualifications
1 66 (8.76%) Degree
2 38 (5.05%) Computer Science Degree
3 9 (1.20%) PhD
4 8 (1.06%) Cisco Certification
4 8 (1.06%) Numerate Degree
5 7 (0.93%) CCIE
6 5 (0.66%) CCNP
7 4 (0.53%) Security Cleared
8 3 (0.40%) CCNA
8 3 (0.40%) SC Cleared
9 1 (0.13%) AWS Certification
9 1 (0.13%) CCIE Routing and Switching
Quality Assurance & Compliance
1 20 (2.66%) QA
2 19 (2.52%) MiFID
3 11 (1.46%) GCP
4 2 (0.27%) EMIR
5 1 (0.13%) Dodd-Frank
5 1 (0.13%) SLA
System Software
1 39 (5.18%) Docker
2 7 (0.93%) HDFS
3 5 (0.66%) Apache ZooKeeper
4 1 (0.13%) Active Directory
4 1 (0.13%) BitLocker
4 1 (0.13%) Firmware
4 1 (0.13%) NFS
Systems Management
1 16 (2.12%) Kubernetes
2 7 (0.93%) Ansible
2 7 (0.93%) Puppet
3 4 (0.53%) Oozie
3 4 (0.53%) Opscode Chef
4 3 (0.40%) Prometheus
4 3 (0.40%) Terraform
5 1 (0.13%) Marathon
5 1 (0.13%) Nagios
5 1 (0.13%) Rancher
Vendors
1 43 (5.71%) TIBCO
2 36 (4.78%) Oracle
3 25 (3.32%) Reuters
4 21 (2.79%) Cisco
5 18 (2.39%) Bloomberg
6 17 (2.26%) Google
7 15 (1.99%) Sybase
8 14 (1.86%) Capita
9 13 (1.73%) Solace
10 12 (1.59%) ION Trading
11 11 (1.46%) Arista
12 10 (1.33%) CheckPoint
13 8 (1.06%) Currenex
13 8 (1.06%) Red Hat
14 7 (0.93%) Microsoft
15 5 (0.66%) Juniper
15 5 (0.66%) Tableau
15 5 (0.66%) Talarian
15 5 (0.66%) Typemock
16 4 (0.53%) Palo Alto