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 February 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 Feb 2015
Same period 2014 Same period 2013
Low Latency
Rank 83 111 106
Rank change year-on-year
+28 -5
Contract jobs citing Low Latency 113 91 90
As % of all contract IT jobs located in the City of London 2.20% 1.57% 1.57%
As % of the Processes & Methodologies category 2.79% 2.02% 2.07%
Number of daily rates quoted 103 78 77
Average daily rate
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£613 £650 £550
Average daily rate % change year-on-year
-5.76% +18.18%
90% offered a daily rate of more than £413 £510 £450
10% offered a daily rate of more than £675 £1,000 £710
UK excluding London average daily rate £620 £388 £350
% change year-on-year
+60.00% +10.71%
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
4056 4502 4355
As % of all contract IT jobs located in the City of London 78.97% 77.61% 76.16%
Number of daily rates quoted 3163 3197 3336
Average daily rate £450 £450 £450
90% offered a daily rate of more than £320 £300 £315
10% offered a daily rate of more than £613 £625 £600
UK excluding London average daily rate £400 £375 £363
% change year-on-year
+6.66% +3.44%
Number of hourly rates quoted 28 48 65
Average hourly rate £20.45 £28.04 £44.00
Average hourly rate % change year-on-year
-27.08% -36.27%
90% offered a hourly rate of more than £12.50 £17.33 £16.15
10% offered a hourly rate of more than £45.50 £77.50 £135.00
UK excluding London average hourly rate £30.00 £27.50 £31.50
% change year-on-year
+9.09% -12.69%

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 February 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 February 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.

1 129 (57.85%) Java
2 121 (54.26%) Multithreading
3 102 (45.74%) Foreign Exchange (FX)
4 92 (41.26%) Front Office
5 81 (36.32%) Banking
6 67 (30.04%) Finance
7 65 (29.15%) C++
8 64 (28.70%) C#
9 48 (21.52%) Linux
10 42 (18.83%) Fixed Income
11 39 (17.49%) Agile Software Development
12 38 (17.04%) Algorithmic Trading
13 36 (16.14%) Ultra-Low Latency
14 35 (15.70%) SQL
14 35 (15.70%) UNIX
15 33 (14.80%) TDD
15 33 (14.80%) Investment Banking
16 27 (12.11%) Electronic Trading
17 26 (11.66%) .NET
17 26 (11.66%) E-Commerce
18 25 (11.21%) FIX Protocol
19 22 (9.87%) Cisco Certification
20 21 (9.42%) TIBCO
21 20 (8.97%) CCNP
21 20 (8.97%) Derivative
22 18 (8.07%) Mathematics
22 18 (8.07%) WPF
22 18 (8.07%) Spring
22 18 (8.07%) Cisco
22 18 (8.07%) CCIE

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

For the 6 months to 27 February 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 9 (4.04%) TIBCO EMS
2 3 (1.35%) MQSeries
3 2 (0.90%) WebSphere
3 2 (0.90%) Oracle Coherence
4 1 (0.45%) Apache Spark
4 1 (0.45%) Apache
Applications
1 3 (1.35%) MS Office
1 3 (1.35%) MS Excel
Business Applications
1 8 (3.59%) RMDS
2 7 (3.14%) ION MarketView
Cloud Services
1 2 (0.90%) Amazon EC2
1 2 (0.90%) Amazon AWS
Communications & Networking
1 18 (8.07%) Multicast
2 13 (5.83%) Firewall
3 12 (5.38%) BGP
4 9 (4.04%) EIGRP
5 8 (3.59%) OSPF
5 8 (3.59%) VPLS
6 7 (3.14%) MPLS
6 7 (3.14%) TCP/IP
7 5 (2.24%) Network Security
7 5 (2.24%) Cisco Nexus
8 3 (1.35%) LAN
8 3 (1.35%) WAN
9 2 (0.90%) VPN
9 2 (0.90%) DNS
10 1 (0.45%) SAN
10 1 (0.45%) Cisco ASA
10 1 (0.45%) AMQP
10 1 (0.45%) NetScaler
10 1 (0.45%) VRRP
10 1 (0.45%) VLAN
Database & Business Intelligence
1 15 (6.73%) SQL Server
2 13 (5.83%) KDB
3 6 (2.69%) Relational Database
4 4 (1.79%) SQL Server 2008
4 4 (1.79%) Data Warehouse
5 3 (1.35%) SQL Server 2005
5 3 (1.35%) Oracle Database
6 2 (0.90%) Big Data
6 2 (0.90%) Amazon RDS
6 2 (0.90%) MongoDB
6 2 (0.90%) Oracle Database 11g
6 2 (0.90%) Oracle Reports
7 1 (0.45%) MySQL
7 1 (0.45%) OLAP
7 1 (0.45%) RDBMS
7 1 (0.45%) Apache Cassandra
7 1 (0.45%) Hadoop
Development Applications
1 10 (4.48%) JUnit
2 9 (4.04%) Mockito
3 7 (3.14%) Maven
4 5 (2.24%) TeamCity
5 4 (1.79%) Subversion
6 3 (1.35%) Git (software)
7 2 (0.90%) Eclipse
7 2 (0.90%) NUnit
8 1 (0.45%) CruiseControl
8 1 (0.45%) IntelliJ
8 1 (0.45%) Rhino Mocks
8 1 (0.45%) VisualVM
8 1 (0.45%) YourKit
General
1 92 (41.26%) Front Office
2 81 (36.32%) Banking
3 67 (30.04%) Finance
4 33 (14.80%) Investment Banking
5 9 (4.04%) Telecoms
6 3 (1.35%) Financial Institution
7 2 (0.90%) Advertising
7 2 (0.90%) Games
8 1 (0.45%) Publishing
8 1 (0.45%) Back Office
Job Titles
1 142 (63.68%) Developer
2 78 (34.98%) Java Developer
3 30 (13.45%) C++ Developer
4 25 (11.21%) Network Engineer
5 22 (9.87%) C# Developer
6 14 (6.28%) Architect
7 12 (5.38%) Senior Developer
8 10 (4.48%) Programmer
8 10 (4.48%) Senior Network Engineer
9 8 (3.59%) Senior Java Developer
10 7 (3.14%) WPF Developer
11 6 (2.69%) UI Programmer
11 6 (2.69%) UI Developer
11 6 (2.69%) C# .NET Developer
11 6 (2.69%) .NET Developer
12 4 (1.79%) Team Leader
12 4 (1.79%) Quantitative Developer
12 4 (1.79%) Technical Leader
13 3 (1.35%) Real Time Developer
13 3 (1.35%) Senior WPF Developer
Libraries, Frameworks & Software Standards
1 26 (11.66%) .NET
2 25 (11.21%) FIX Protocol
3 18 (8.07%) WPF
3 18 (8.07%) Spring
4 13 (5.83%) WCF
5 8 (3.59%) Rendezvous
6 6 (2.69%) Middleware
6 6 (2.69%) JMS
6 6 (2.69%) HTML
7 5 (2.24%) Web Services
7 5 (2.24%) Reactive Extensions
8 4 (1.79%) LINQ
8 4 (1.79%) JDBC
8 4 (1.79%) Hibernate
9 3 (1.35%) XML
9 3 (1.35%) HTML5
10 2 (0.90%) REST
10 2 (0.90%) CSS3
10 2 (0.90%) RESTful
10 2 (0.90%) Java EE
Miscellaneous
1 102 (45.74%) Foreign Exchange (FX)
2 42 (18.83%) Fixed Income
3 20 (8.97%) Derivative
4 18 (8.07%) Mathematics
4 18 (8.07%) Analytical Skills
5 16 (7.17%) Computer Science
6 12 (5.38%) VWAP
6 12 (5.38%) TWAP
7 11 (4.93%) Equities
8 9 (4.04%) Spread Betting
9 8 (3.59%) Algorithms
10 7 (3.14%) Physics
11 4 (1.79%) Data Structures
12 3 (1.35%) Credit Derivative
12 3 (1.35%) Field-Programmable Gate Array
13 2 (0.90%) Replication
13 2 (0.90%) N-Tier
13 2 (0.90%) Online Games
13 2 (0.90%) Open Source
14 1 (0.45%) Hedge funds
Operating Systems
1 48 (21.52%) Linux
2 35 (15.70%) UNIX
3 12 (5.38%) Windows
4 6 (2.69%) Solaris
5 2 (0.90%) Red Hat Enterprise Linux
6 1 (0.45%) Windows Server 2012
6 1 (0.45%) SUSE Linux Enterprise Server
6 1 (0.45%) AIX
6 1 (0.45%) Windows Server 2003
6 1 (0.45%) SUSE
Processes & Methodologies
1 121 (54.26%) Multithreading
2 39 (17.49%) Agile Software Development
3 38 (17.04%) Algorithmic Trading
4 36 (16.14%) Ultra-Low Latency
5 33 (14.80%) TDD
6 27 (12.11%) Electronic Trading
7 26 (11.66%) E-Commerce
8 17 (7.62%) OO
9 13 (5.83%) Performance Tuning
10 11 (4.93%) Analytics
10 11 (4.93%) OOP
10 11 (4.93%) Migration
11 9 (4.04%) Scrum
12 7 (3.14%) Risk Management
13 6 (2.69%) Network Design
14 5 (2.24%) Unit Testing
14 5 (2.24%) Continuous Integration
14 5 (2.24%) BDD
15 4 (1.79%) Software Architecture
15 4 (1.79%) Memory Management
Programming Languages
1 129 (57.85%) Java
2 65 (29.15%) C++
3 64 (28.70%) C#
4 35 (15.70%) SQL
5 11 (4.93%) Python
6 7 (3.14%) VB
7 6 (2.69%) Shell Script
8 5 (2.24%) C
8 5 (2.24%) JavaScript
8 5 (2.24%) Perl
9 4 (1.79%) VBA
10 2 (0.90%) Scala
11 1 (0.45%) XAML
11 1 (0.45%) Ruby
Qualifications
1 22 (9.87%) Cisco Certification
2 20 (8.97%) CCNP
3 18 (8.07%) CCIE
4 13 (5.83%) Degree
5 2 (0.90%) CCNA
6 1 (0.45%) PhD
6 1 (0.45%) VCP4
Quality Assurance & Compliance
1 5 (2.24%) QA
System Software
1 2 (0.90%) Oracle RAC
2 1 (0.45%) Veritas Cluster Server
2 1 (0.45%) Apache ZooKeeper
Systems Management
1 2 (0.90%) Nagios
1 2 (0.90%) ITRS Geneos
2 1 (0.45%) SCCM
2 1 (0.45%) SCOM
2 1 (0.45%) HP Operations Orchestration
2 1 (0.45%) Puppet
2 1 (0.45%) Opscode Chef
Vendors
1 21 (9.42%) TIBCO
2 18 (8.07%) Cisco
3 16 (7.17%) ION Trading
4 12 (5.38%) Oracle
5 11 (4.93%) Sybase
5 11 (4.93%) Juniper
6 10 (4.48%) 29West
7 8 (3.59%) F5
7 8 (3.59%) Citrix
7 8 (3.59%) CheckPoint
7 8 (3.59%) Microsoft
8 7 (3.14%) VMware
8 7 (3.14%) Fortinet
9 5 (2.24%) Blue Coat
10 3 (1.35%) Reuters
11 2 (0.90%) Bloomberg
11 2 (0.90%) Radianz
11 2 (0.90%) New Relic
11 2 (0.90%) Murex
11 2 (0.90%) Fidessa
City, London
McGregor Boyall
Rate: £600 - £750 per day
Posted: Yesterday
City, London
TEKsystems
Rate: £550 - £600 per day
Posted: 2 days ago
City, London
TEKsystems
Rate: £600 - £700 per day
Posted: 5 days ago
City of London
Orgtel
Rate: £650 - £725 per day
Posted: 16 days ago
City of London
Orgtel
Rate: competitive
Posted: 16 days ago