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 23 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
23 Oct 2014
Same period 2013 Same period 2012
Low Latency
Rank 92 125 116
Rank change year-on-year
+33 -9
Contract jobs citing Low Latency 118 107 111
As % of all contract IT jobs located in the City of London 1.97% 1.49% 1.57%
As % of the Processes & Methodologies category 2.57% 1.95% 2.09%
Number of daily rates quoted 105 95 91
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 £491 £425
10% offered a daily rate of more than £725 £700 £675
UK excluding London average daily rate £438 £375 £375
% change year-on-year
+16.66% -
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
4591 5487 5312
As % of all contract IT jobs located in the City of London 76.67% 76.53% 75.35%
Number of daily rates quoted 3541 4054 3941
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 43 74 90
Average hourly rate £16.00 £21.00 £34.50
Average hourly rate % change year-on-year
-23.80% -39.13%
90% offered a hourly rate of more than £10.50 £13.00 £16.37
10% offered a hourly rate of more than £28.50 £52.82 £53.38
UK excluding London average hourly rate £25.00 £28.00 £26.90
% change year-on-year
-10.71% +4.08%

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 23 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 23 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.

1 170 (69.39%) Multithreading
2 162 (66.12%) Java
3 115 (46.94%) Banking
4 110 (44.90%) Foreign Exchange (FX)
5 109 (44.49%) Front Office
6 69 (28.16%) Finance
6 69 (28.16%) SQL
7 65 (26.53%) Algorithmic Trading
8 60 (24.49%) C++
9 57 (23.27%) UNIX
9 57 (23.27%) Linux
10 55 (22.45%) Agile Software Development
11 54 (22.04%) Investment Banking
12 53 (21.63%) E-Commerce
13 50 (20.41%) Fixed Income
14 49 (20.00%) Spring
15 45 (18.37%) C#
16 41 (16.73%) Oracle
16 41 (16.73%) Performance Tuning
17 36 (14.69%) TDD
18 32 (13.06%) TIBCO
19 30 (12.24%) VWAP
19 30 (12.24%) TWAP
20 26 (10.61%) Risk Management
21 24 (9.80%) Ultra-Low Latency
22 22 (8.98%) FIX Protocol
23 21 (8.57%) Continuous Integration
23 21 (8.57%) Sybase
23 21 (8.57%) TCP/IP
23 21 (8.57%) Analytical Skills

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

For the 6 months to 23 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 (4.90%) Oracle Coherence
2 6 (2.45%) WebSphere Application Server
2 6 (2.45%) TIBCO EMS
2 6 (2.45%) WebSphere
3 1 (0.41%) Lightstreamer
3 1 (0.41%) Tomcat
3 1 (0.41%) Apache
3 1 (0.41%) Oracle Workflow
Business Applications
1 11 (4.49%) RMDS
2 7 (2.86%) ION MarketView
Cloud Services
1 1 (0.41%) Cloud Computing
Communications & Networking
1 21 (8.57%) TCP/IP
2 14 (5.71%) Multicast
3 8 (3.27%) Firewall
4 7 (2.86%) WAN
4 7 (2.86%) OSPF
5 6 (2.45%) BGP
5 6 (2.45%) LAN
6 5 (2.04%) VPN
6 5 (2.04%) Cisco Nexus
7 4 (1.63%) HSRP
7 4 (1.63%) VRRP
7 4 (1.63%) Cisco IOS
7 4 (1.63%) Network Security
7 4 (1.63%) VLAN
8 2 (0.82%) DNS
8 2 (0.82%) VoIP
8 2 (0.82%) SSL
8 2 (0.82%) tcpdump
8 2 (0.82%) Wireshark
9 1 (0.41%) Junos
Database & Business Intelligence
1 19 (7.76%) Oracle Database
2 15 (6.12%) KDB
3 10 (4.08%) SQL Server
4 6 (2.45%) Relational Database
4 6 (2.45%) Oracle Database 10g
5 4 (1.63%) SQL Server 2008
6 3 (1.22%) SQL Server 2005
6 3 (1.22%) OLAP
7 2 (0.82%) Data Warehouse
8 1 (0.41%) NoSQL
8 1 (0.41%) CouchDB
8 1 (0.41%) RDBMS
8 1 (0.41%) MySQL
8 1 (0.41%) Big Data
Development Applications
1 17 (6.94%) Maven
2 14 (5.71%) JUnit
2 14 (5.71%) TeamCity
3 13 (5.31%) Mockito
4 11 (4.49%) CruiseControl
5 4 (1.63%) Grunt
5 4 (1.63%) Bower
5 4 (1.63%) WebDriver
6 3 (1.22%) Subversion
6 3 (1.22%) 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
1 115 (46.94%) Banking
2 109 (44.49%) Front Office
3 69 (28.16%) Finance
4 54 (22.04%) Investment Banking
5 9 (3.67%) Financial Institution
6 7 (2.86%) Back Office
7 5 (2.04%) Telecoms
8 4 (1.63%) Games
9 1 (0.41%) Legal
Job Titles
1 168 (68.57%) Developer
2 96 (39.18%) Java Developer
3 40 (16.33%) C++ Developer
4 27 (11.02%) Senior Developer
5 18 (7.35%) Architect
6 17 (6.94%) Senior Java Developer
7 14 (5.71%) Software Engineer
8 13 (5.31%) C# Developer
9 9 (3.67%) WPF Developer
10 8 (3.27%) Programmer
10 8 (3.27%) Java Programmer
11 6 (2.45%) Analyst
12 5 (2.04%) Quantitative Developer
12 5 (2.04%) Network Engineer
13 4 (1.63%) Support Engineer
14 3 (1.22%) Real Time Developer
14 3 (1.22%) Senior Programmer
14 3 (1.22%) Senior Java Programmer
14 3 (1.22%) Java Architect
14 3 (1.22%) Applications Support Engineer
Libraries, Frameworks & Software Standards
1 49 (20.00%) Spring
2 22 (8.98%) FIX Protocol
3 20 (8.16%) Hibernate
4 19 (7.76%) JDBC
5 18 (7.35%) .NET
6 17 (6.94%) WPF
7 13 (5.31%) J2EE
7 13 (5.31%) Web Services
7 13 (5.31%) JMS
8 12 (4.90%) HTML
8 12 (4.90%) Spring MVC
9 11 (4.49%) HTML5
9 11 (4.49%) Middleware
10 8 (3.27%) Rendezvous
10 8 (3.27%) CSS
11 7 (2.86%) XML
11 7 (2.86%) STL
12 5 (2.04%) Boost C++ Libraries
12 5 (2.04%) Reactive Extensions
13 4 (1.63%) AngularJS
Miscellaneous
1 110 (44.90%) Foreign Exchange (FX)
2 50 (20.41%) Fixed Income
3 30 (12.24%) VWAP
3 30 (12.24%) TWAP
4 21 (8.57%) Analytical Skills
5 20 (8.16%) Derivative
6 19 (7.76%) Algorithms
7 18 (7.35%) Mathematics
8 10 (4.08%) Market Risk
9 9 (3.67%) Physics
9 9 (3.67%) Equities
10 8 (3.27%) Data Structures
11 6 (2.45%) N-Tier
11 6 (2.45%) Computer Science
12 5 (2.04%) Field-Programmable Gate Array
12 5 (2.04%) User Experience
13 3 (1.22%) Open Source
14 2 (0.82%) Visualisation
14 2 (0.82%) Spread Betting
14 2 (0.82%) Credit Risk
Operating Systems
1 57 (23.27%) UNIX
1 57 (23.27%) Linux
2 8 (3.27%) Solaris
3 6 (2.45%) Windows
4 4 (1.63%) Red Hat Enterprise Linux
Processes & Methodologies
1 170 (69.39%) Multithreading
2 65 (26.53%) Algorithmic Trading
3 55 (22.45%) Agile Software Development
4 53 (21.63%) E-Commerce
5 41 (16.73%) Performance Tuning
6 36 (14.69%) TDD
7 26 (10.61%) Risk Management
8 24 (9.80%) Ultra-Low Latency
9 21 (8.57%) Continuous Integration
10 18 (7.35%) Software Engineering
11 13 (5.31%) Unit Testing
11 13 (5.31%) Migration
12 12 (4.90%) MVC
12 12 (4.90%) OO
12 12 (4.90%) Electronic Trading
13 11 (4.49%) Business Analysis
14 9 (3.67%) BDD
15 7 (2.86%) MapReduce
16 6 (2.45%) Scrum
16 6 (2.45%) UML
Programming Languages
1 162 (66.12%) Java
2 69 (28.16%) SQL
3 60 (24.49%) C++
4 45 (18.37%) C#
5 15 (6.12%) Shell Script
6 13 (5.31%) JavaScript
7 10 (4.08%) C
8 9 (3.67%) Bash Shell
8 9 (3.67%) Python
9 8 (3.27%) PL/SQL
10 4 (1.63%) Perl
11 3 (1.22%) XAML
12 1 (0.41%) XPath
12 1 (0.41%) Korn
12 1 (0.41%) Scala
12 1 (0.41%) XQuery
12 1 (0.41%) ECMAScript
12 1 (0.41%) VB
12 1 (0.41%) VBA
Qualifications
1 13 (5.31%) Degree
2 5 (2.04%) PhD
3 1 (0.41%) SC Cleared
3 1 (0.41%) Security Cleared
3 1 (0.41%) CCNP
3 1 (0.41%) Cisco Certification
Quality Assurance & Compliance
1 3 (1.22%) QA
System Software
1 1 (0.41%) VMware ESX
1 1 (0.41%) HDFS
Vendors
1 41 (16.73%) Oracle
2 32 (13.06%) TIBCO
3 21 (8.57%) Sybase
4 11 (4.49%) 29West
5 10 (4.08%) Cisco
6 8 (3.27%) ION Trading
7 5 (2.04%) Juniper
7 5 (2.04%) CheckPoint
8 4 (1.63%) Adobe
8 4 (1.63%) Red Hat
8 4 (1.63%) Cognizant
8 4 (1.63%) F5
9 2 (0.82%) Microsoft
9 2 (0.82%) Blue Coat
10 1 (0.41%) Huawei
10 1 (0.41%) DataSynapse
10 1 (0.41%) Avaya
10 1 (0.41%) VMware
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TEKsystems
Rate: £600 - £700 per day
Posted: 2 hours ago
City of London
Computer Futures
Rate: £40 - £45 per hour
Posted: Yesterday
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Quant Capital
Rate: Up to £450 per day OR PERM
Posted: 2 days ago
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Harrington Starr
Rate: £300 - £600 per day
Posted: 2 days ago
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Harrington Starr
Rate: £300 - £500 per day
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Networking People
Rate: £550 - £650 per day
Posted: 6 days ago
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McGregor Boyall
Rate: £600 - £700 per day
Posted: 6 days ago
City, London
McGregor Boyall
Rate: £650 - £800 per day
Posted: 6 days ago
City, London
McGregor Boyall
Rate: £600 - £700 per day
Posted: 6 days ago
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Huxley Associates
Rate: £600 - £675 per day + competitive
Posted: 9 days ago
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Hays IT - Uk Posting account
Rate: £600.00 - £680.00 per day
Posted: 13 days ago