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 27 January 2015 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
27 Jan 2015
Same period 2014 Same period 2013
Low Latency
Rank 77 121 117
Rank change year-on-year
+44 -4
Contract jobs citing Low Latency 122 90 79
As % of all contract IT jobs located in the City of London 2.41% 1.50% 1.38%
As % of the Processes & Methodologies category 3.07% 1.95% 1.82%
Number of daily rates quoted 113 76 68
Average daily rate
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of your Daily Rate
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£588 £644 £550
Average daily rate % change year-on-year
-8.73% +17.04%
90% offered a daily rate of more than £413 £500 £414
10% offered a daily rate of more than £650 £788 £650
UK excluding London average daily rate £400 £400 £425
% change year-on-year
- -5.88%
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
3980 4626 4339
As % of all contract IT jobs located in the City of London 78.66% 77.34% 75.99%
Number of daily rates quoted 3102 3394 3315
Average daily rate £450 £450 £450
90% offered a daily rate of more than £323 £300 £313
10% offered a daily rate of more than £613 £625 £600
UK excluding London average daily rate £398 £375 £363
% change year-on-year
+6.00% +3.44%
Number of hourly rates quoted 32 48 75
Average hourly rate £20.45 £23.00 £35.00
Average hourly rate % change year-on-year
-11.10% -34.28%
90% offered a hourly rate of more than £12.50 £14.25 £14.70
10% offered a hourly rate of more than £45.50 £77.50 £135.00
UK excluding London average hourly rate £25.25 £27.50 £31.00
% change year-on-year
-8.18% -11.29%

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 27 January 2015.

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 27 January 2015, 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.

1 139 (58.65%) Java
2 138 (58.23%) Multithreading
3 105 (44.30%) Foreign Exchange (FX)
4 98 (41.35%) Front Office
5 96 (40.51%) Banking
6 75 (31.65%) Finance
7 69 (29.11%) C++
8 61 (25.74%) C#
9 48 (20.25%) Linux
10 47 (19.83%) Algorithmic Trading
11 44 (18.57%) Agile Software Development
12 42 (17.72%) Investment Banking
12 42 (17.72%) SQL
12 42 (17.72%) Fixed Income
13 34 (14.35%) UNIX
13 34 (14.35%) TDD
14 32 (13.50%) Ultra-Low Latency
15 29 (12.24%) E-Commerce
15 29 (12.24%) FIX Protocol
16 27 (11.39%) .NET
17 25 (10.55%) Spring
18 24 (10.13%) Analytical Skills
19 23 (9.70%) Derivative
19 23 (9.70%) Electronic Trading
19 23 (9.70%) Oracle
20 21 (8.86%) TIBCO
21 19 (8.02%) Cisco Certification
22 18 (7.59%) WPF
22 18 (7.59%) Mathematics
22 18 (7.59%) Multicast

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

For the 6 months to 27 January 2015, 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 8 (3.38%) TIBCO EMS
2 7 (2.95%) Oracle Coherence
3 3 (1.27%) MQSeries
4 1 (0.42%) Apache
4 1 (0.42%) Apache Spark
Applications
1 3 (1.27%) MS Excel
1 3 (1.27%) MS Office
Business Applications
1 10 (4.22%) RMDS
2 5 (2.11%) ION MarketView
Cloud Services
1 2 (0.84%) Amazon EC2
1 2 (0.84%) Amazon AWS
Communications & Networking
1 18 (7.59%) Multicast
2 15 (6.33%) Firewall
3 13 (5.49%) BGP
4 11 (4.64%) TCP/IP
4 11 (4.64%) OSPF
5 8 (3.38%) Network Security
5 8 (3.38%) Cisco Nexus
5 8 (3.38%) VPLS
6 7 (2.95%) MPLS
6 7 (2.95%) EIGRP
7 6 (2.53%) LAN
7 6 (2.53%) WAN
8 5 (2.11%) VPN
9 4 (1.69%) HSRP
9 4 (1.69%) VLAN
9 4 (1.69%) Cisco IOS
9 4 (1.69%) VRRP
10 2 (0.84%) tcpdump
10 2 (0.84%) Wireshark
10 2 (0.84%) DNS
Database & Business Intelligence
1 16 (6.75%) KDB
2 15 (6.33%) SQL Server
3 8 (3.38%) Relational Database
4 7 (2.95%) Oracle Database
5 4 (1.69%) SQL Server 2008
5 4 (1.69%) Data Warehouse
6 3 (1.27%) SQL Server 2005
7 2 (0.84%) Amazon RDS
7 2 (0.84%) MongoDB
7 2 (0.84%) Oracle Database 11g
7 2 (0.84%) Oracle Reports
8 1 (0.42%) RDBMS
8 1 (0.42%) MySQL
8 1 (0.42%) OLAP
8 1 (0.42%) Hadoop
8 1 (0.42%) Apache Cassandra
8 1 (0.42%) Big Data
Development Applications
1 15 (6.33%) JUnit
2 13 (5.49%) Mockito
3 11 (4.64%) Maven
4 9 (3.80%) TeamCity
5 5 (2.11%) CruiseControl
6 4 (1.69%) Subversion
7 3 (1.27%) Git (software)
8 2 (0.84%) NUnit
8 2 (0.84%) Eclipse
9 1 (0.42%) IntelliJ
9 1 (0.42%) Rhino Mocks
9 1 (0.42%) YourKit
9 1 (0.42%) VisualVM
General
1 98 (41.35%) Front Office
2 96 (40.51%) Banking
3 75 (31.65%) Finance
4 42 (17.72%) Investment Banking
5 8 (3.38%) Telecoms
6 4 (1.69%) Games
7 3 (1.27%) Financial Institution
8 1 (0.42%) Back Office
8 1 (0.42%) Legal
8 1 (0.42%) Advertising
8 1 (0.42%) Publishing
Job Titles
1 151 (63.71%) Developer
2 83 (35.02%) Java Developer
3 33 (13.92%) C++ Developer
4 22 (9.28%) Network Engineer
5 21 (8.86%) C# Developer
6 13 (5.49%) Senior Developer
6 13 (5.49%) Architect
7 10 (4.22%) Senior Network Engineer
8 9 (3.80%) Programmer
8 9 (3.80%) Senior Java Developer
9 7 (2.95%) Software Engineer
9 7 (2.95%) WPF Developer
10 6 (2.53%) C# .NET Developer
10 6 (2.53%) UI Programmer
10 6 (2.53%) UI Developer
10 6 (2.53%) .NET Developer
11 5 (2.11%) Quantitative Developer
12 4 (1.69%) Real Time Developer
12 4 (1.69%) Technical Leader
12 4 (1.69%) Team Leader
Libraries, Frameworks & Software Standards
1 29 (12.24%) FIX Protocol
2 27 (11.39%) .NET
3 25 (10.55%) Spring
4 18 (7.59%) WPF
5 13 (5.49%) WCF
6 11 (4.64%) Hibernate
7 8 (3.38%) JDBC
7 8 (3.38%) Web Services
8 7 (2.95%) Rendezvous
9 6 (2.53%) HTML
9 6 (2.53%) JMS
10 5 (2.11%) J2EE
10 5 (2.11%) Spring MVC
10 5 (2.11%) Reactive Extensions
11 4 (1.69%) LINQ
11 4 (1.69%) Middleware
12 3 (1.27%) XML
12 3 (1.27%) STL
12 3 (1.27%) HTML5
13 2 (0.84%) CSS3
Miscellaneous
1 105 (44.30%) Foreign Exchange (FX)
2 42 (17.72%) Fixed Income
3 24 (10.13%) Analytical Skills
4 23 (9.70%) Derivative
5 18 (7.59%) Mathematics
6 15 (6.33%) VWAP
6 15 (6.33%) TWAP
7 14 (5.91%) Computer Science
8 13 (5.49%) Algorithms
9 10 (4.22%) Spread Betting
10 9 (3.80%) Equities
11 8 (3.38%) Data Structures
12 7 (2.95%) Physics
13 5 (2.11%) Market Risk
13 5 (2.11%) Field-Programmable Gate Array
14 4 (1.69%) Credit Derivative
15 2 (0.84%) Open Source
15 2 (0.84%) Online Games
15 2 (0.84%) Replication
15 2 (0.84%) N-Tier
Operating Systems
1 48 (20.25%) Linux
2 34 (14.35%) UNIX
3 10 (4.22%) Windows
4 6 (2.53%) Solaris
5 3 (1.27%) Red Hat Enterprise Linux
6 1 (0.42%) Windows Server 2003
6 1 (0.42%) AIX
6 1 (0.42%) SUSE
6 1 (0.42%) Windows Server 2012
6 1 (0.42%) SUSE Linux Enterprise Server
Processes & Methodologies
1 138 (58.23%) Multithreading
2 47 (19.83%) Algorithmic Trading
3 44 (18.57%) Agile Software Development
4 34 (14.35%) TDD
5 32 (13.50%) Ultra-Low Latency
6 29 (12.24%) E-Commerce
7 23 (9.70%) Electronic Trading
8 18 (7.59%) Performance Tuning
9 17 (7.17%) OO
10 12 (5.06%) Risk Management
11 11 (4.64%) Migration
11 11 (4.64%) Analytics
12 10 (4.22%) OOP
13 9 (3.80%) Scrum
13 9 (3.80%) Software Engineering
13 9 (3.80%) Unit Testing
13 9 (3.80%) Continuous Integration
14 8 (3.38%) Market Making
15 6 (2.53%) BDD
15 6 (2.53%) MVC
Programming Languages
1 139 (58.65%) Java
2 69 (29.11%) C++
3 61 (25.74%) C#
4 42 (17.72%) SQL
5 11 (4.64%) Python
6 7 (2.95%) VB
6 7 (2.95%) Shell Script
7 5 (2.11%) C
7 5 (2.11%) JavaScript
7 5 (2.11%) Perl
8 4 (1.69%) VBA
9 2 (0.84%) Scala
10 1 (0.42%) XAML
10 1 (0.42%) Ruby
Qualifications
1 19 (8.02%) Cisco Certification
2 17 (7.17%) CCIE
2 17 (7.17%) CCNP
3 14 (5.91%) Degree
4 3 (1.27%) PhD
Quality Assurance & Compliance
1 6 (2.53%) QA
System Software
1 2 (0.84%) Oracle RAC
2 1 (0.42%) Veritas Cluster Server
2 1 (0.42%) Apache ZooKeeper
Systems Management
1 2 (0.84%) ITRS Geneos
1 2 (0.84%) Nagios
2 1 (0.42%) HP Operations Orchestration
2 1 (0.42%) SCCM
2 1 (0.42%) SCOM
2 1 (0.42%) Puppet
2 1 (0.42%) Opscode Chef
Vendors
1 23 (9.70%) Oracle
2 21 (8.86%) TIBCO
3 17 (7.17%) Cisco
4 14 (5.91%) ION Trading
5 12 (5.06%) Juniper
6 11 (4.64%) Sybase
6 11 (4.64%) 29West
7 10 (4.22%) F5
8 9 (3.80%) CheckPoint
9 8 (3.38%) Microsoft
9 8 (3.38%) Citrix
10 7 (2.95%) VMware
10 7 (2.95%) Blue Coat
11 5 (2.11%) Fortinet
12 2 (0.84%) New Relic
12 2 (0.84%) Reuters
12 2 (0.84%) Bloomberg
12 2 (0.84%) Radianz
12 2 (0.84%) Murex
12 2 (0.84%) Fidessa
City, London
TEKsystems
Rate: £550 - £625 per day
Posted: Yesterday
City, London
McGregor Boyall
Rate: £600 - £650 per day
Posted: 2 days ago
City, London
Rullion IT Plus
Posted: 4 days ago
City of London
Computer Futures
Rate: £45 - £46 per hour
Posted: 5 days ago
City, London
ComputAppoint
Rate: £400 - £425 per day
Posted: 6 days ago