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 3 months to 25 June 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
3 months to
25 Jun 2017
Same period 2016 Same period 2015
Rank 219 395 352
Rank change year-on-year +176 -43  
Contract jobs citing Low Latency 488 280 324
As % of all contract IT jobs advertised in the UK 1.05% 0.53% 0.58%
As % of the Processes & Methodologies category 1.25% 0.63% 0.72%
Number of daily rates quoted 406 234 277
Median daily rate £575 £600 £625
Median daily rate % change year-on-year -4.16% -4.00%  
90% offered a daily rate of more than £423 £450 £450
10% offered a daily rate of more than £725 £700 £741
UK excluding London median daily rate £433 £475 £475
% change year-on-year -8.84% -  
Number of hourly rates quoted 1 0 0
Median hourly rate £50.00 - -
UK excluding London median hourly rate £50.00 - -

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 with a requirement for process and methodology skills.

Contract Process & Methodology Skills
UK
Contract job vacancies with a requirement for process and methodology skills 39103 44215 45229
As % of all contract IT job vacancies advertised in the UK 84.49% 83.33% 80.71%
Number of daily rates quoted 25496 29340 29026
Median daily rate £450 £438 £413
Median daily rate % change year-on-year +2.85% +6.06%  
90% offered a daily rate of more than £313 £300 £285
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £415 £400 £380
% change year-on-year +3.75% +5.26%  
Number of hourly rates quoted 1041 1070 1262
Median hourly rate £32.50 £27.50 £27.50
Median hourly rate % change year-on-year +18.18% -  
90% offered a hourly rate of more than £13.00 £12.58 £12.35
10% offered a hourly rate of more than £53.00 £48.70 £50.00
UK excluding London median hourly rate £34.00 £28.50 £30.00
% change year-on-year +19.29% -5.00%  

Low Latency
Job Vacancy Trend

The job posting trend of jobs advertised 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 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 3 months to 25 June 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 27 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 3 months to 25 June 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
England +128 404 £610 +1.66% 122
London +70 387 £625 - 110
City of London +21 80 £588 -6.00% 25
Northern Ireland - 71 £433 - 2
County Antrim - 60 £445 - 1
Belfast - 60 £445 -
South East +36 10 £460 +3.66% 3
Scotland +49 9 - - 1
Glasgow +11 9 - - 1
Berkshire +19 4 £525 +20.00%
Reading +12 3 £538 +22.85%
Luton -2 3 £519 -11.70%
Bedfordshire -5 3 £519 -11.70%
East of England -7 3 £519 -11.70% 1
Milton Keynes -13 3 £345 -
Buckinghamshire -16 3 £345 - 1
Yorkshire +21 2 £469 +10.29% 2
North West +17 2 - - 3
Manchester +8 2 - - 3
Canary Wharf +4 2 £625 -3.84%
West Yorkshire +19 1 £413 -2.94% 1
Leeds +17 1 £413 -8.33%
Hampshire +7 1 - -
Oxfordshire - 1 £420 -
Oxford - 1 £420 -
Bromley - 1 £575 -
Docklands, London - 1 - -

For the 6 months to 25 June 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.

1 497 (56.09%) Java
2 450 (50.79%) Multithreading
3 410 (46.28%) Finance
4 359 (40.52%) Front Office
5 350 (39.50%) Electronic Trading
6 326 (36.79%) C++
7 323 (36.46%) Banking
8 299 (33.75%) Foreign Exchange (FX)
9 289 (32.62%) Linux
10 216 (24.38%) Unix
11 208 (23.48%) Agile Software Development
12 177 (19.98%) SQL
12 177 (19.98%) Investment Banking
13 176 (19.86%) Equities
14 161 (18.17%) FIX Protocol
15 128 (14.45%) High Availability
16 124 (14.00%) Greenfield Project
17 121 (13.66%) SDLC
18 115 (12.98%) Fixed Income
19 114 (12.87%) TDD
20 103 (11.63%) Analytical Skills
20 103 (11.63%) C#
20 103 (11.63%) Python
21 98 (11.06%) Multithreaded Programming
22 92 (10.38%) OO
22 92 (10.38%) Oracle
23 87 (9.82%) Spring
24 82 (9.26%) Algorithmic Trading
24 82 (9.26%) Market Making
25 80 (9.03%) JavaScript

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 22 (2.48%) Tomcat
2 21 (2.37%) Oracle Coherence
3 10 (1.13%) Elasticsearch
3 10 (1.13%) Oracle Workflow
4 7 (0.79%) Apache
4 7 (0.79%) WebSphere
5 6 (0.68%) Apache Spark
6 5 (0.56%) GemFire
7 4 (0.45%) GlassFish
7 4 (0.45%) Jetty
7 4 (0.45%) NServiceBus
8 3 (0.34%) Apache Solr
8 3 (0.34%) JBoss
8 3 (0.34%) MQSeries
8 3 (0.34%) Oracle SOA Suite
9 2 (0.23%) Apache Qpid
9 2 (0.23%) Confluence
9 2 (0.23%) Lightstreamer
9 2 (0.23%) MTS
9 2 (0.23%) WebORB
Applications
1 6 (0.68%) MS Visio
2 5 (0.56%) Microsoft Excel
3 4 (0.45%) Microsoft PowerPoint
4 1 (0.11%) Microsoft Office
4 1 (0.11%) Microsoft Project
Business Applications
1 38 (4.29%) ION MarketView
2 3 (0.34%) Bloomberg TOMS
2 3 (0.34%) RMDS
3 2 (0.23%) Postilion
4 1 (0.11%) BASE24
4 1 (0.11%) BondVision
4 1 (0.11%) Global One
4 1 (0.11%) Sentinel
4 1 (0.11%) SunGard Martini
Cloud Services
1 23 (2.60%) Amazon AWS
2 5 (0.56%) Amazon Kinesis
2 5 (0.56%) Cloud Computing
2 5 (0.56%) IaaS
3 3 (0.34%) Amazon EC2
4 2 (0.23%) AWS Lambda
4 2 (0.23%) CloudFront
5 1 (0.11%) Google App Engine
5 1 (0.11%) Google Cloud Platform
5 1 (0.11%) Google Compute Engine
5 1 (0.11%) Google Container Engine
Communications & Networking
1 28 (3.16%) TCP/IP
2 19 (2.14%) Multicast
3 16 (1.81%) Firewall
4 15 (1.69%) Internet
5 10 (1.13%) BGP
6 9 (1.02%) DNS
7 8 (0.90%) HTTP
8 7 (0.79%) EIGRP
8 7 (0.79%) OSPF
9 6 (0.68%) Cisco Nexus
9 6 (0.68%) DHCP
9 6 (0.68%) FIX Connectivity
9 6 (0.68%) SSL
10 4 (0.45%) tcpdump
11 3 (0.34%) DMZ
11 3 (0.34%) MPLS
11 3 (0.34%) NetScaler
11 3 (0.34%) VLAN
11 3 (0.34%) VoIP
11 3 (0.34%) Wi-Fi
Database & Business Intelligence
1 68 (7.67%) Relational Database
2 61 (6.88%) SQL Server
3 42 (4.74%) KDB
4 28 (3.16%) NoSQL
5 19 (2.14%) Kdb+
6 14 (1.58%) Big Data
7 13 (1.47%) MySQL
8 12 (1.35%) Hadoop
8 12 (1.35%) Tick Data
9 10 (1.13%) Apache Cassandra
10 9 (1.02%) MongoDB
11 8 (0.90%) RDBMS
12 6 (0.68%) MariaDB
13 5 (0.56%) Amazon RDS
13 5 (0.56%) HBase
14 4 (0.45%) Amazon Redshift
14 4 (0.45%) Data Warehouse
15 3 (0.34%) Apache Hive
15 3 (0.34%) PostgreSQL
15 3 (0.34%) Redis
Development Applications
1 64 (7.22%) Git (software)
2 44 (4.97%) Maven
3 41 (4.63%) Subversion
4 39 (4.40%) TeamCity
5 32 (3.61%) Jenkins
6 24 (2.71%) Visual Studio
7 21 (2.37%) Sonatype Nexus
8 16 (1.81%) JUnit
9 13 (1.47%) Selenium
10 10 (1.13%) WebDriver
11 9 (1.02%) Bitbucket
11 9 (1.02%) Eclipse
11 9 (1.02%) VSS/SourceSafe
12 8 (0.90%) Hudson
12 8 (0.90%) Mockito
13 7 (0.79%) Gradle
13 7 (0.79%) Grunt
13 7 (0.79%) gulp
14 6 (0.68%) IntelliJ
14 6 (0.68%) JIRA
General
1 410 (46.28%) Finance
2 359 (40.52%) Front Office
3 323 (36.46%) Banking
4 177 (19.98%) Investment Banking
5 25 (2.82%) Financial Institution
6 10 (1.13%) Telecoms
7 8 (0.90%) Games
8 4 (0.45%) Prime Brokerage
9 2 (0.23%) Retail
10 1 (0.11%) French Language
10 1 (0.11%) Law
10 1 (0.11%) Legal
10 1 (0.11%) Retail Banking
Job Titles
1 740 (83.52%) Developer
2 415 (46.84%) Java Developer
3 198 (22.35%) C++ Developer
4 174 (19.64%) Electronic Trading Developer
5 124 (14.00%) Senior Developer
6 107 (12.08%) Electronic Trading Java Developer
7 93 (10.50%) Senior Java Developer
8 74 (8.35%) Low Latency Java Developer
9 70 (7.90%) Low Latency C++ Developer
10 57 (6.43%) Electronic Trading C++ Developer
11 51 (5.76%) Front Office Developer
12 37 (4.18%) Agile Developer
12 37 (4.18%) C# Developer
13 26 (2.93%) Agile Java Developer
14 25 (2.82%) JavaScript Developer
15 24 (2.71%) Linux Developer
16 22 (2.48%) Senior C++ Developer
17 21 (2.37%) Analyst
18 19 (2.14%) Front Office C++ Developer
19 18 (2.03%) Software Engineer
Libraries, Frameworks & Software Standards
1 161 (18.17%) FIX Protocol
2 87 (9.82%) Spring
3 67 (7.56%) HTML
4 60 (6.77%) RESTful
5 56 (6.32%) Boost C++ Libraries
6 52 (5.87%) REST
7 51 (5.76%) HTML5
8 49 (5.53%) JNI
8 49 (5.53%) Middleware
9 45 (5.08%) STL
10 43 (4.85%) Hibernate
10 43 (4.85%) Web Services
11 42 (4.74%) CSS
12 41 (4.63%) AngularJS
13 39 (4.40%) JMS
14 37 (4.18%) Rendezvous
15 34 (3.84%) Node.js
16 31 (3.50%) Ultra Messaging
16 31 (3.50%) XML
17 29 (3.27%) .NET
Miscellaneous
1 299 (33.75%) Foreign Exchange (FX)
2 176 (19.86%) Equities
3 124 (14.00%) Greenfield Project
4 115 (12.98%) Fixed Income
5 103 (11.63%) Analytical Skills
6 53 (5.98%) Computer Science
7 51 (5.76%) Fintech
8 45 (5.08%) Algorithms
9 38 (4.29%) Derivative
10 26 (2.93%) Virtual Team
11 22 (2.48%) Data Structures
12 19 (2.14%) Hedge funds
13 14 (1.58%) Data Centre
14 13 (1.47%) Enterprise Software
14 13 (1.47%) User Experience
15 10 (1.13%) RIA
15 10 (1.13%) TWAP
15 10 (1.13%) VWAP
16 7 (0.79%) NHS
17 5 (0.56%) N-Tier
Operating Systems
1 289 (32.62%) Linux
2 216 (24.38%) Unix
3 73 (8.24%) Windows
4 18 (2.03%) Solaris
5 14 (1.58%) Red Hat Enterprise Linux
6 11 (1.24%) CentOS
7 8 (0.90%) Windows Server
8 5 (0.56%) AIX
8 5 (0.56%) Oracle Linux
9 1 (0.11%) VMS
Processes & Methodologies
1 450 (50.79%) Multithreading
2 350 (39.50%) Electronic Trading
3 208 (23.48%) Agile Software Development
4 128 (14.45%) High Availability
5 121 (13.66%) SDLC
6 114 (12.87%) TDD
7 98 (11.06%) Multithreaded Programming
8 92 (10.38%) OO
9 82 (9.26%) Algorithmic Trading
9 82 (9.26%) Market Making
10 77 (8.69%) OOA/OOD
11 63 (7.11%) Software Engineering
12 61 (6.88%) Microservices
13 57 (6.43%) OOP
14 55 (6.21%) Unit Testing
15 53 (5.98%) Continuous Integration
16 52 (5.87%) E-Commerce
17 50 (5.64%) Test Automation
18 49 (5.53%) Open Source
19 42 (4.74%) Scrum
Programming Languages
1 497 (56.09%) Java
2 326 (36.79%) C++
3 177 (19.98%) SQL
4 103 (11.63%) C#
4 103 (11.63%) Python
5 80 (9.03%) JavaScript
6 60 (6.77%) Perl
7 55 (6.21%) C
8 45 (5.08%) Bash Shell
9 30 (3.39%) Scala
10 17 (1.92%) Shell Script
11 13 (1.47%) PL/SQL
12 11 (1.24%) Ruby
13 10 (1.13%) Groovy
14 9 (1.02%) PHP
15 7 (0.79%) T-SQL
16 6 (0.68%) ES6
16 6 (0.68%) MATLAB
17 4 (0.45%) Go
18 3 (0.34%) GraphQL
Qualifications
1 64 (7.22%) Degree
2 25 (2.82%) Computer Science Degree
3 9 (1.02%) Cisco Certification
4 8 (0.90%) PhD
5 6 (0.68%) CCIE
5 6 (0.68%) CCNP
6 3 (0.34%) Master's Degree
6 3 (0.34%) Security Cleared
7 2 (0.23%) BPSS Clearance
7 2 (0.23%) Numerate Degree
7 2 (0.23%) SC Cleared
8 1 (0.11%) CCIE Routing and Switching
8 1 (0.11%) JNCIE
Quality Assurance & Compliance
1 35 (3.95%) MiFID
2 16 (1.81%) QA
3 3 (0.34%) SLA
4 2 (0.23%) ISO 20022
5 1 (0.11%) EMIR
5 1 (0.11%) PMO
System Software
1 12 (1.35%) Docker
2 6 (0.68%) VMware Infrastructure
3 5 (0.56%) Active Directory
3 5 (0.56%) NFS
4 4 (0.45%) Oracle RAC
5 3 (0.34%) Apache ZooKeeper
6 2 (0.23%) Virtual Machines
Systems Management
1 16 (1.81%) Puppet
2 13 (1.47%) Ansible
3 8 (0.90%) Nagios
4 6 (0.68%) Opscode Chef
5 5 (0.56%) Graphite
6 4 (0.45%) Kubernetes
7 3 (0.34%) Cacti
7 3 (0.34%) Cisco Prime
7 3 (0.34%) ITRS Geneos
7 3 (0.34%) TeamSite
7 3 (0.34%) Thomson Reuters DACS
8 2 (0.23%) Oozie
8 2 (0.23%) Opsview
8 2 (0.23%) Rundeck
8 2 (0.23%) Terraform
9 1 (0.11%) CA Spectrum
9 1 (0.11%) Control-M
9 1 (0.11%) HP Quality Center
9 1 (0.11%) Red Hat Satellite
9 1 (0.11%) yum
Vendors
1 92 (10.38%) Oracle
2 72 (8.13%) TIBCO
3 66 (7.45%) ION Trading
4 44 (4.97%) Sybase
5 32 (3.61%) Solace
6 28 (3.16%) Red Hat
7 26 (2.93%) Microsoft
8 23 (2.60%) Bloomberg
9 19 (2.14%) Currenex
9 19 (2.14%) IBM
10 18 (2.03%) Reuters
11 13 (1.47%) Cisco
12 11 (1.24%) Perforce
13 10 (1.13%) Tradeweb
14 9 (1.02%) Citrix
15 8 (0.90%) Cognizant
16 7 (0.79%) VMware
17 6 (0.68%) Arista
17 6 (0.68%) HP
17 6 (0.68%) StreamBase
Antrim, County Antrim
Harvey Nash IT Recruitment UK
Posted: 2 days ago
Northern Ireland
Harvey Nash plc
Rate: £375 - £425 per day
Posted: 6 days ago
North London
Oliver Bernard
Rate: £500 - £550 per day
Posted: 5 days ago
City, London
EPAM Systems
Rate: From £450 to £451 per day
Posted: 18 days ago
London
TEKsystems
Rate: £550 - £650 per day
Posted: 4 days ago