The table below looks at the statistics for Low Latency skills in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Low Latency over the 3 months to 21 October 2014 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
21 Oct 2014
Same period 2013 Same period 2012
Low Latency
Rank 93 123 108
Rank change year-on-year
+30 -15
Contract jobs citing Low Latency 117 111 121
As % of all contract IT jobs located in the City of London 1.97% 1.52% 1.63%
As % of the Processes & Methodologies category 2.57% 1.99% 2.16%
Number of daily rates quoted 104 97 96
Average daily rate
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of your Daily Rate
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£650 £600 £575
Average daily rate % change year-on-year
+8.33% +4.34%
90% offered a daily rate of more than £550 £471 £425
10% offered a daily rate of more than £725 £700 £663
UK excluding London average daily rate £413 £375 £375
% change year-on-year
+10.00% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Low Latency
London

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the City of London region.

Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
4547 5580 5608
As % of all contract IT jobs located in the City of London 76.56% 76.54% 75.45%
Number of daily rates quoted 3496 4115 4176
Average daily rate £450 £450 £450
90% offered a daily rate of more than £313 £313 £300
10% offered a daily rate of more than £625 £600 £625
UK excluding London average daily rate £375 £363 £370
% change year-on-year
+3.44% -2.02%
Number of hourly rates quoted 42 74 91
Average hourly rate £15.75 £20.00 £35.00
Average hourly rate % change year-on-year
-21.25% -42.85%
90% offered a hourly rate of more than £10.50 £12.80 £16.10
10% offered a hourly rate of more than £30.82 £52.82 £53.38
UK excluding London average hourly rate £25.00 £29.00 £27.50
% change year-on-year
-13.79% +5.45%

Low Latency
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Low Latency across the City of London region as a proportion of the total demand within the Processes & Methodologies category.

Low Latency Jobs Demand Trend in the City of London

Low Latency
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Low Latency across the City of London region.

Low Latency Daily Rate Trend in the City of London

Low Latency
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Low Latency across the City of London region over the 3 months to 21 October 2014.

Low Latency Daily Rate Histogram in the City of London

Low Latency
Hourly Rate Trend in the City of London

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

Low Latency Hourly Rate Trend in the City of London

Low Latency
Top 30 Related IT Skills in the City of London

For the 6 months to 21 October 2014, IT contractor jobs across the City of London region citing Low Latency also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Low Latency.

1 168 (69.14%) Multithreading
2 159 (65.43%) Java
3 113 (46.50%) Banking
4 108 (44.44%) Foreign Exchange (FX)
5 107 (44.03%) Front Office
6 69 (28.40%) Finance
7 68 (27.98%) SQL
8 64 (26.34%) Algorithmic Trading
9 61 (25.10%) C++
10 58 (23.87%) UNIX
10 58 (23.87%) Linux
11 55 (22.63%) Agile Software Development
12 53 (21.81%) Investment Banking
13 52 (21.40%) E-Commerce
14 50 (20.58%) Fixed Income
15 48 (19.75%) Spring
16 45 (18.52%) C#
17 41 (16.87%) Oracle
18 40 (16.46%) Performance Tuning
19 35 (14.40%) TDD
20 31 (12.76%) TIBCO
21 29 (11.93%) VWAP
21 29 (11.93%) TWAP
22 26 (10.70%) Risk Management
23 23 (9.47%) FIX Protocol
23 23 (9.47%) Ultra-Low Latency
24 21 (8.64%) Analytical Skills
24 21 (8.64%) Continuous Integration
24 21 (8.64%) TCP/IP
25 20 (8.23%) Sybase

Low Latency
Top Related IT Skills in the City of London by Category

For the 6 months to 21 October 2014, IT contractor jobs across the City of London region citing Low Latency also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Low Latency. Up to 20 skills are shown per category.

Application Platforms
1 12 (4.94%) Oracle Coherence
2 6 (2.47%) WebSphere
2 6 (2.47%) TIBCO EMS
2 6 (2.47%) WebSphere Application Server
3 1 (0.41%) Apache
3 1 (0.41%) Tomcat
3 1 (0.41%) Oracle Workflow
3 1 (0.41%) Lightstreamer
Business Applications
1 11 (4.53%) RMDS
2 7 (2.88%) ION MarketView
Cloud Services
1 1 (0.41%) Cloud Computing
Communications & Networking
1 21 (8.64%) TCP/IP
2 14 (5.76%) Multicast
3 8 (3.29%) Firewall
4 7 (2.88%) OSPF
4 7 (2.88%) WAN
5 6 (2.47%) LAN
5 6 (2.47%) BGP
6 5 (2.06%) VPN
6 5 (2.06%) Cisco Nexus
7 4 (1.65%) HSRP
7 4 (1.65%) Cisco IOS
7 4 (1.65%) Network Security
7 4 (1.65%) VRRP
7 4 (1.65%) VLAN
8 2 (0.82%) Wireshark
8 2 (0.82%) DNS
8 2 (0.82%) SSL
8 2 (0.82%) tcpdump
8 2 (0.82%) VoIP
9 1 (0.41%) Junos
Database & Business Intelligence
1 19 (7.82%) Oracle Database
2 15 (6.17%) KDB
3 10 (4.12%) SQL Server
4 6 (2.47%) Relational Database
4 6 (2.47%) Oracle Database 10g
5 4 (1.65%) SQL Server 2008
6 3 (1.23%) OLAP
6 3 (1.23%) SQL Server 2005
7 2 (0.82%) Data Warehouse
8 1 (0.41%) RDBMS
8 1 (0.41%) CouchDB
8 1 (0.41%) NoSQL
8 1 (0.41%) Big Data
8 1 (0.41%) MySQL
Development Applications
1 17 (7.00%) Maven
2 14 (5.76%) TeamCity
2 14 (5.76%) JUnit
3 13 (5.35%) Mockito
4 11 (4.53%) CruiseControl
5 4 (1.65%) Grunt
5 4 (1.65%) Bower
5 4 (1.65%) WebDriver
6 3 (1.23%) Subversion
6 3 (1.23%) Git (software)
7 2 (0.82%) Rhino Mocks
7 2 (0.82%) NUnit
8 1 (0.41%) JIRA
8 1 (0.41%) QuickTest Pro
General
1 113 (46.50%) Banking
2 107 (44.03%) Front Office
3 69 (28.40%) Finance
4 53 (21.81%) Investment Banking
5 9 (3.70%) Financial Institution
6 7 (2.88%) Back Office
7 5 (2.06%) Telecoms
8 4 (1.65%) Games
9 1 (0.41%) Legal
Job Titles
1 168 (69.14%) Developer
2 95 (39.09%) Java Developer
3 41 (16.87%) C++ Developer
4 27 (11.11%) Senior Developer
5 17 (7.00%) Architect
5 17 (7.00%) Senior Java Developer
6 14 (5.76%) Software Engineer
7 13 (5.35%) C# Developer
8 9 (3.70%) WPF Developer
9 8 (3.29%) Java Programmer
9 8 (3.29%) Programmer
10 6 (2.47%) Analyst
11 5 (2.06%) Network Engineer
11 5 (2.06%) Quantitative Developer
12 4 (1.65%) Support Engineer
13 3 (1.23%) Applications Support
13 3 (1.23%) Web Developer
13 3 (1.23%) Applications Support Engineer
13 3 (1.23%) Senior C++ Developer
13 3 (1.23%) Senior Programmer
Libraries, Frameworks & Software Standards
1 48 (19.75%) Spring
2 23 (9.47%) FIX Protocol
3 20 (8.23%) Hibernate
4 19 (7.82%) JDBC
5 18 (7.41%) .NET
6 17 (7.00%) WPF
7 13 (5.35%) J2EE
7 13 (5.35%) Web Services
7 13 (5.35%) JMS
8 12 (4.94%) HTML
8 12 (4.94%) Spring MVC
9 11 (4.53%) Middleware
9 11 (4.53%) HTML5
10 8 (3.29%) CSS
10 8 (3.29%) Rendezvous
11 7 (2.88%) XML
11 7 (2.88%) STL
12 5 (2.06%) Reactive Extensions
12 5 (2.06%) Boost C++ Libraries
13 4 (1.65%) AngularJS
Miscellaneous
1 108 (44.44%) Foreign Exchange (FX)
2 50 (20.58%) Fixed Income
3 29 (11.93%) VWAP
3 29 (11.93%) TWAP
4 21 (8.64%) Analytical Skills
5 20 (8.23%) Derivative
6 19 (7.82%) Algorithms
7 18 (7.41%) Mathematics
8 10 (4.12%) Market Risk
9 9 (3.70%) Physics
9 9 (3.70%) Equities
10 8 (3.29%) Data Structures
11 6 (2.47%) N-Tier
11 6 (2.47%) Computer Science
12 5 (2.06%) Field-Programmable Gate Array
12 5 (2.06%) User Experience
13 3 (1.23%) Open Source
14 2 (0.82%) RIA
14 2 (0.82%) Spread Betting
14 2 (0.82%) Visualisation
Operating Systems
1 58 (23.87%) UNIX
1 58 (23.87%) Linux
2 8 (3.29%) Solaris
3 6 (2.47%) Windows
4 4 (1.65%) Red Hat Enterprise Linux
Processes & Methodologies
1 168 (69.14%) Multithreading
2 64 (26.34%) Algorithmic Trading
3 55 (22.63%) Agile Software Development
4 52 (21.40%) E-Commerce
5 40 (16.46%) Performance Tuning
6 35 (14.40%) TDD
7 26 (10.70%) Risk Management
8 23 (9.47%) Ultra-Low Latency
9 21 (8.64%) Continuous Integration
10 18 (7.41%) Software Engineering
11 13 (5.35%) Unit Testing
12 12 (4.94%) MVC
12 12 (4.94%) Migration
12 12 (4.94%) OO
13 11 (4.53%) Business Analysis
13 11 (4.53%) Electronic Trading
14 9 (3.70%) BDD
15 7 (2.88%) MapReduce
16 6 (2.47%) Dependency Injection
16 6 (2.47%) UML
Programming Languages
1 159 (65.43%) Java
2 68 (27.98%) SQL
3 61 (25.10%) C++
4 45 (18.52%) C#
5 15 (6.17%) Shell Script
6 13 (5.35%) JavaScript
7 10 (4.12%) C
8 9 (3.70%) Python
8 9 (3.70%) Bash Shell
9 8 (3.29%) PL/SQL
10 4 (1.65%) Perl
11 3 (1.23%) XAML
12 1 (0.41%) Korn
12 1 (0.41%) XPath
12 1 (0.41%) Scala
12 1 (0.41%) ECMAScript
12 1 (0.41%) XQuery
12 1 (0.41%) VB
Qualifications
1 13 (5.35%) Degree
2 5 (2.06%) PhD
3 1 (0.41%) CCNP
3 1 (0.41%) Cisco Certification
3 1 (0.41%) SC Cleared
3 1 (0.41%) Security Cleared
Quality Assurance & Compliance
1 3 (1.23%) QA
System Software
1 1 (0.41%) VMware ESX
1 1 (0.41%) HDFS
Vendors
1 41 (16.87%) Oracle
2 31 (12.76%) TIBCO
3 20 (8.23%) Sybase
4 11 (4.53%) 29West
5 10 (4.12%) Cisco
6 8 (3.29%) ION Trading
7 5 (2.06%) CheckPoint
7 5 (2.06%) Juniper
8 4 (1.65%) Cognizant
8 4 (1.65%) Red Hat
8 4 (1.65%) Adobe
8 4 (1.65%) F5
9 2 (0.82%) Blue Coat
9 2 (0.82%) Microsoft
10 1 (0.41%) Avaya
10 1 (0.41%) Huawei
10 1 (0.41%) DataSynapse
10 1 (0.41%) VMware
City of London
Computer Futures
Rate: £40 - £45 per hour
Posted: 10 hours ago
City, London
Quant Capital
Rate: Up to £450 per day OR PERM
Posted: Yesterday
City, London
Harrington Starr
Rate: £300 - £600 per day
Posted: Yesterday
City, London
Harrington Starr
Rate: £300 - £500 per day
Posted: Yesterday
City, London
Networking People
Rate: £550 - £650 per day
Posted: 5 days ago
City, London
McGregor Boyall
Rate: £600 - £700 per day
Posted: 5 days ago
City, London
McGregor Boyall
Rate: £650 - £800 per day
Posted: 5 days ago
City, London
McGregor Boyall
Rate: £600 - £700 per day
Posted: 5 days ago
City, London
Hays Finance Technology
Rate: £600 - £700 per day + Highly negotiable
Posted: 6 days ago
City, London
TEKsystems
Rate: £600 - £700 per day
Posted: 6 days ago
City, London
TEKsystems
Rate: £600 - £800 per day
Posted: 6 days ago
City of London
Huxley Associates
Rate: £600 - £675 per day + competitive
Posted: 8 days ago
City of London
Hays IT - Uk Posting account
Rate: £600.00 - £680.00 per day
Posted: 12 days ago