Period
to 19 November 2017

The following table provides summary statistics for contract job vacancies 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 19 November 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
UK
6 months to
19 Nov 2017
Same period 2016 Same period 2015
Rank 255 442 398
Rank change year-on-year +187 -44 -72
Contract jobs citing Low Latency 1032 534 653
As % of all contract IT jobs advertised in the UK 1.02% 0.51% 0.57%
As % of the Processes & Methodologies category 1.20% 0.61% 0.70%
Number of daily rates quoted 856 460 532
UK median daily rate £625 £600 £600
Median daily rate % change year-on-year +4.17% - -
10th Percentile £423 £400 £420
90th Percentile £775 £725 £750
UK excluding London median daily rate £445 £525 £475
% change year-on-year -15.24% +10.53% +26.67%
Number of hourly rates quoted 1 0 0
UK median hourly rate £50.00 - -
UK excluding London median hourly rate £50.00 - -

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 with a requirement for process or methodology skills.

All Process and Methodology Skills
UK
Contract vacancies with a requirement for process or methodology skills 85705 87976 93705
As % of all contract IT jobs advertised in the UK 84.52% 83.91% 81.76%
Number of daily rates quoted 57093 58207 60721
UK median daily rate £450 £425 £413
Median daily rate % change year-on-year +5.88% +3.03% +3.13%
10th Percentile £281 £263 £263
90th Percentile £630 £600 £600
UK excluding London median daily rate £400 £400 £385
% change year-on-year - +3.90% +2.67%
Number of hourly rates quoted 2022 2335 2744
UK median hourly rate £23.32 £24.00 £22.50
Median hourly rate % change year-on-year -2.83% +6.67% +18.42%
10th Percentile £11.35 £11.32 £11.50
90th Percentile £49.75 £48.75 £47.71
UK excluding London median hourly rate £24.00 £24.37 £23.75
% change year-on-year -1.50% +2.59% +18.75%

Low Latency
Job Vacancy Trend

Job postings citing Low Latency as a percentage of all IT jobs advertised.

Job vacancy trend for Low Latency in the UK

Low Latency
Contractor Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Low Latency.

Contractor daily rate trend for Low Latency in the UK

Low Latency
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Low Latency over the 6 months to 19 November 2017.

Contractor daily rate histogram for Low Latency in the UK

Low Latency
Contractor Hourly Rate Trend

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Low Latency.

Contractor hourly rate trend for Low Latency in the UK

Low Latency
Top 13 Contract Locations

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 UK over the 6 months to 19 November 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
England +162 913 £625 +4.17% 91
London +102 884 £650 +8.33% 84
UK excluding London +92 143 £445 -15.24% 8
Northern Ireland +27 105 £445 - 1
South East +8 14 £438 -16.67% 2
Scotland +2 9 - -
North of England +29 7 £450 -14.29% 1
North West +10 6 £488 -7.14%
East of England -16 6 £500 +20.05% 3
Midlands +28 2 £488 -7.14% 1
West Midlands +28 1 £525 -
East Midlands +10 1 £450 -14.29% 1
Yorkshire +7 1 £438 -7.89% 1

For the 6 months to 19 November 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 with a requirement for Low Latency.

1 654 (63.37%) Java
2 539 (52.23%) Multithreading
3 492 (47.67%) Front Office
4 430 (41.67%) Electronic Trading
5 420 (40.70%) Banking
6 384 (37.21%) Foreign Exchange (FX)
7 351 (34.01%) Finance
8 278 (26.94%) Linux
9 271 (26.26%) C++
10 228 (22.09%) Investment Banking
11 223 (21.61%) Agile Software Development
12 168 (16.28%) SQL
13 159 (15.41%) Algorithmic Trading
14 156 (15.12%) FIX Protocol
15 153 (14.83%) Unix
16 149 (14.44%) Equities
17 143 (13.86%) Analytical Skills
18 142 (13.76%) C#
19 133 (12.89%) Python
19 133 (12.89%) High Availability
20 132 (12.79%) Greenfield Project
21 130 (12.60%) Multithreaded Programming
22 126 (12.21%) TDD
23 103 (9.98%) JavaScript
24 102 (9.88%) Market Making
25 99 (9.59%) Degree
26 98 (9.50%) Fixed Income
27 96 (9.30%) SDLC
28 91 (8.82%) Test Automation
29 90 (8.72%) Concurrent Programming

Low Latency
Co-occurring IT Skills 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 24 (2.33%) Tomcat
2 15 (1.45%) Apache Spark
2 15 (1.45%) Elasticsearch
3 14 (1.36%) Apache
3 14 (1.36%) Confluence
4 9 (0.87%) Oracle Workflow
5 8 (0.78%) GemFire
6 6 (0.58%) IIS
7 5 (0.48%) OpenStack
8 4 (0.39%) GlassFish
8 4 (0.39%) Jetty
9 3 (0.29%) Exchange Server 2010
9 3 (0.29%) Exchange Server 2013
9 3 (0.29%) MS Exchange
9 3 (0.29%) Oracle Coherence
10 1 (0.097%) Apache Qpid
10 1 (0.097%) Cloud Foundry
10 1 (0.097%) JBoss
10 1 (0.097%) Oracle SOA Suite
10 1 (0.097%) WildFly
Applications
1 11 (1.07%) Spreadsheet
2 2 (0.19%) Microsoft Excel
3 1 (0.097%) GIMP
3 1 (0.097%) Microsoft Office
3 1 (0.097%) MS Visio
3 1 (0.097%) Photoshop
Business Applications
1 43 (4.17%) ION MarketView
2 2 (0.19%) Bloomberg TOMS
2 2 (0.19%) Postilion
2 2 (0.19%) RMDS
3 1 (0.097%) BASE24
3 1 (0.097%) MetaTrader
3 1 (0.097%) Sentinel
Cloud Services
1 27 (2.62%) Amazon AWS
2 8 (0.78%) Microsoft Azure
3 7 (0.68%) Amazon EC2
3 7 (0.68%) GitHub
4 6 (0.58%) Amazon S3
4 6 (0.58%) Google Cloud Platform
5 5 (0.48%) Amazon EMR
5 5 (0.48%) Amazon Glacier
6 2 (0.19%) Cloud Computing
7 1 (0.097%) Amazon SQS
Communications & Networking
1 21 (2.03%) TCP/IP
2 18 (1.74%) Firewall
3 17 (1.65%) BGP
4 16 (1.55%) FIX Connectivity
5 15 (1.45%) OSPF
6 13 (1.26%) EIGRP
7 11 (1.07%) Network Security
8 10 (0.97%) MPLS
8 10 (0.97%) Spanning Tree
9 9 (0.87%) LAN
9 9 (0.87%) Multicast
9 9 (0.87%) WAN
9 9 (0.87%) WLAN
10 8 (0.78%) Cisco Nexus
10 8 (0.78%) Internet
10 8 (0.78%) IPv6
10 8 (0.78%) NGN
10 8 (0.78%) SNMP
10 8 (0.78%) TACACS
10 8 (0.78%) VRRP
Database & Business Intelligence
1 63 (6.10%) SQL Server
2 58 (5.62%) KDB
3 46 (4.46%) Relational Database
4 22 (2.13%) NoSQL
5 21 (2.03%) Big Data
6 18 (1.74%) Blockchain
7 15 (1.45%) Apache Cassandra
8 11 (1.07%) Hadoop
9 8 (0.78%) Apache Hive
9 8 (0.78%) PostgreSQL
10 7 (0.68%) Kdb+
10 7 (0.68%) MariaDB
10 7 (0.68%) MySQL
11 6 (0.58%) Impala
11 6 (0.58%) MongoDB
12 5 (0.48%) Amazon Redshift
12 5 (0.48%) Flink
12 5 (0.48%) Presto
13 4 (0.39%) BigQuery
13 4 (0.39%) Data Warehouse
Development Applications
1 57 (5.52%) TeamCity
2 55 (5.33%) Git (software)
3 51 (4.94%) Subversion
4 35 (3.39%) Maven
5 28 (2.71%) Jenkins
6 27 (2.62%) Visual Studio
7 26 (2.52%) JIRA
8 24 (2.33%) VSS/SourceSafe
9 21 (2.03%) Bitbucket
10 19 (1.84%) Sonatype Nexus
11 18 (1.74%) Xcode
12 15 (1.45%) Selenium
13 13 (1.26%) Eclipse
14 12 (1.16%) WebDriver
15 11 (1.07%) Hudson
15 11 (1.07%) Mockito
16 10 (0.97%) JUnit
16 10 (0.97%) Team Foundation Server
17 9 (0.87%) Gradle
17 9 (0.87%) Jasmine
General
1 492 (47.67%) Front Office
2 420 (40.70%) Banking
3 351 (34.01%) Finance
4 228 (22.09%) Investment Banking
5 36 (3.49%) Financial Institution
6 14 (1.36%) Games
7 8 (0.78%) Law
8 5 (0.48%) Back Office
8 5 (0.48%) Retail
9 4 (0.39%) Telecoms
10 2 (0.19%) Marketing
11 1 (0.097%) Advertising
11 1 (0.097%) Pharmaceutical
Job Titles
1 894 (86.63%) Developer
2 523 (50.68%) Java Developer
3 199 (19.28%) Electronic Trading Developer
4 164 (15.89%) C++ Developer
5 163 (15.79%) Senior Developer
6 144 (13.95%) Electronic Trading Java Developer
7 111 (10.76%) Senior Java Developer
8 98 (9.50%) C# Developer
9 77 (7.46%) Front Office Developer
10 64 (6.20%) Low Latency Java Developer
11 50 (4.84%) Low Latency C++ Developer
12 39 (3.78%) Algorithmic Trading Developer
12 39 (3.78%) Linux Developer
13 37 (3.59%) Senior C++ Developer
14 33 (3.20%) Electronic Trading C++ Developer
15 32 (3.10%) KDB Developer
16 31 (3.00%) Python Developer
17 30 (2.91%) Java Swing Developer
18 29 (2.81%) Agile Developer
19 26 (2.52%) Core Java Developer
Libraries, Frameworks & Software Standards
1 156 (15.12%) FIX Protocol
2 74 (7.17%) HTML
3 72 (6.98%) RESTful
4 59 (5.72%) HTML5
5 57 (5.52%) JMS
6 56 (5.43%) Spring
7 49 (4.75%) REST
8 48 (4.65%) Rendezvous
9 47 (4.55%) CSS
10 41 (3.97%) WPF
11 38 (3.68%) .NET
12 36 (3.49%) Hibernate
13 34 (3.29%) AngularJS
14 32 (3.10%) Boost C++ Libraries
15 31 (3.00%) Swing
16 30 (2.91%) JNI
16 30 (2.91%) Ultra Messaging
17 25 (2.42%) React
17 25 (2.42%) XML
18 24 (2.33%) Web Services
Miscellaneous
1 384 (37.21%) Foreign Exchange (FX)
2 149 (14.44%) Equities
3 143 (13.86%) Analytical Skills
4 132 (12.79%) Greenfield Project
5 98 (9.50%) Fixed Income
6 63 (6.10%) Computer Science
7 61 (5.91%) Derivative
8 44 (4.26%) Data Structures
9 43 (4.17%) Fintech
10 40 (3.88%) Equity Derivative
11 37 (3.59%) User Experience
12 29 (2.81%) Algorithms
13 28 (2.71%) Virtual Team
14 26 (2.52%) Hedge funds
15 12 (1.16%) Credit Risk
15 12 (1.16%) iPad
16 10 (0.97%) N-Tier
17 8 (0.78%) iPhone
18 7 (0.68%) Data Centre
19 6 (0.58%) Market Risk
Operating Systems
1 278 (26.94%) Linux
2 153 (14.83%) Unix
3 26 (2.52%) Windows
4 19 (1.84%) Apple iOS
5 12 (1.16%) CentOS
6 9 (0.87%) Red Hat Enterprise Linux
7 5 (0.48%) AIX
8 4 (0.39%) Oracle Linux
8 4 (0.39%) Windows Server
9 3 (0.29%) CoreOS
9 3 (0.29%) Debian
9 3 (0.29%) Solaris
9 3 (0.29%) Ubuntu
9 3 (0.29%) Windows Server 2008
9 3 (0.29%) Windows Server 2012
10 1 (0.097%) Android
Processes & Methodologies
1 539 (52.23%) Multithreading
2 430 (41.67%) Electronic Trading
3 223 (21.61%) Agile Software Development
4 159 (15.41%) Algorithmic Trading
5 133 (12.89%) High Availability
6 130 (12.60%) Multithreaded Programming
7 126 (12.21%) TDD
8 102 (9.88%) Market Making
9 96 (9.30%) SDLC
10 91 (8.82%) Test Automation
11 90 (8.72%) Concurrent Programming
12 72 (6.98%) Performance Tuning
13 70 (6.78%) Unit Testing
14 55 (5.33%) Open Source
15 54 (5.23%) Ultra-Low Latency
16 49 (4.75%) Performance Optimisation
17 48 (4.65%) Microservices
18 46 (4.46%) Continuous Integration
18 46 (4.46%) OO
18 46 (4.46%) Scrum
Programming Languages
1 654 (63.37%) Java
2 271 (26.26%) C++
3 168 (16.28%) SQL
4 142 (13.76%) C#
5 133 (12.89%) Python
6 103 (9.98%) JavaScript
7 47 (4.55%) C
8 43 (4.17%) Perl
9 37 (3.59%) Bash Shell
10 18 (1.74%) Apple Swift
10 18 (1.74%) Objective-C
11 17 (1.65%) Scala
12 14 (1.36%) Ruby
13 9 (0.87%) Shell Script
13 9 (0.87%) T-SQL
14 8 (0.78%) Kotlin
15 6 (0.58%) PowerShell
15 6 (0.58%) R
16 4 (0.39%) Go
17 3 (0.29%) Groovy
Qualifications
1 99 (9.59%) Degree
2 42 (4.07%) Computer Science Degree
3 35 (3.39%) PhD
4 20 (1.94%) Cisco Certification
5 9 (0.87%) CCNP
6 8 (0.78%) CCIE
7 3 (0.29%) RHCE
8 2 (0.19%) Numerate Degree
8 2 (0.19%) Security Cleared
8 2 (0.19%) VMware Certified Professional (VCP)
9 1 (0.097%) BPSS Clearance
9 1 (0.097%) CCNA
9 1 (0.097%) ISEB
9 1 (0.097%) ISTQB
9 1 (0.097%) PRINCE2 Certification
9 1 (0.097%) SC Cleared
Quality Assurance & Compliance
1 43 (4.17%) QA
2 34 (3.29%) MiFID
3 7 (0.68%) SLA
4 5 (0.48%) EMIR
5 4 (0.39%) GCP
6 1 (0.097%) Data Quality
System Software
1 21 (2.03%) Docker
2 5 (0.48%) VMware Infrastructure
3 4 (0.39%) Active Directory
4 3 (0.29%) KVM
4 3 (0.29%) Oracle RAC
4 3 (0.29%) Samba
5 2 (0.19%) Hyper-V
6 1 (0.097%) Apache ZooKeeper
6 1 (0.097%) Firmware
6 1 (0.097%) HDFS
6 1 (0.097%) Virtual Machines
Systems Management
1 14 (1.36%) Ansible
2 10 (0.97%) Kubernetes
3 9 (0.87%) Opscode Chef
4 6 (0.58%) Puppet
5 5 (0.48%) Nagios
6 4 (0.39%) Oozie
6 4 (0.39%) Rancher
7 3 (0.29%) Cacti
7 3 (0.29%) Cisco Prime
7 3 (0.29%) Kibana
7 3 (0.29%) logstash
7 3 (0.29%) Red Hat Satellite
8 2 (0.19%) ITRS Geneos
8 2 (0.19%) MOM
8 2 (0.19%) Opsview
9 1 (0.097%) CA Spectrum
9 1 (0.097%) Control-M
9 1 (0.097%) Terraform
9 1 (0.097%) yum
Vendors
1 75 (7.27%) TIBCO
2 68 (6.59%) Oracle
3 62 (6.01%) ION Trading
4 45 (4.36%) Sybase
5 39 (3.78%) Microsoft
6 34 (3.29%) Currenex
7 26 (2.52%) Cisco
8 24 (2.33%) Bloomberg
8 24 (2.33%) Perforce
9 23 (2.23%) Red Hat
10 20 (1.94%) Tradeweb
11 18 (1.74%) Solace
12 15 (1.45%) Atlassian
12 15 (1.45%) Reuters
13 12 (1.16%) CheckPoint
14 11 (1.07%) IBM
15 10 (0.97%) HP
16 9 (0.87%) Google
16 9 (0.87%) Riverbed
16 9 (0.87%) SAP