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 19 September 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
19 Sep 2014
Same period 2013 Same period 2012
Low Latency
Rank 85 95 100
Rank change year-on-year
+10 +5
Contract jobs citing Low Latency 124 147 132
As % of all contract IT jobs located in the City of London 2.11% 2.04% 1.70%
As % of the Processes & Methodologies category 2.77% 2.67% 2.25%
Number of daily rates quoted 102 108 103
Average daily rate
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of your Daily Rate
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£650 £575 £575
Average daily rate % change year-on-year
+13.04% -
90% offered a daily rate of more than £550 £446 £425
10% offered a daily rate of more than £793 £700 £650
UK excluding London average daily rate £388 £375 £338
% change year-on-year
+3.33% +11.11%
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
4478 5509 5854
As % of all contract IT jobs located in the City of London 76.07% 76.51% 75.43%
Number of daily rates quoted 3363 4079 4310
Average daily rate £450 £450 £450
90% offered a daily rate of more than £320 £315 £300
10% offered a daily rate of more than £625 £600 £618
UK excluding London average daily rate £375 £370 £363
% change year-on-year
+1.35% +2.06%
Number of hourly rates quoted 44 71 93
Average hourly rate £21.88 £21.50 £31.50
Average hourly rate % change year-on-year
+1.74% -31.74%
90% offered a hourly rate of more than £13.47 £13.00 £16.00
10% offered a hourly rate of more than £35.00 £55.00 £51.50
UK excluding London average hourly rate £26.25 £30.00 £30.00
% change year-on-year
-12.50% -

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 19 September 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 19 September 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.

1 144 (64.57%) Java
2 140 (62.78%) Multithreading
3 96 (43.05%) Front Office
4 94 (42.15%) Banking
5 88 (39.46%) Foreign Exchange (FX)
6 65 (29.15%) Finance
7 59 (26.46%) SQL
8 58 (26.01%) Agile Software Development
9 56 (25.11%) C++
9 56 (25.11%) UNIX
10 53 (23.77%) Linux
11 52 (23.32%) Algorithmic Trading
12 49 (21.97%) E-Commerce
13 48 (21.52%) Spring
14 45 (20.18%) Investment Banking
15 44 (19.73%) Oracle
16 41 (18.39%) Fixed Income
17 39 (17.49%) C#
18 34 (15.25%) TIBCO
19 32 (14.35%) Performance Tuning
20 30 (13.45%) TDD
21 27 (12.11%) FIX Protocol
22 26 (11.66%) Risk Management
23 22 (9.87%) VWAP
23 22 (9.87%) Continuous Integration
23 22 (9.87%) TWAP
24 21 (9.42%) Software Engineering
25 20 (8.97%) TCP/IP
25 20 (8.97%) Oracle Database
26 19 (8.52%) Analytical Skills

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

For the 6 months to 19 September 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 14 (6.28%) Oracle Coherence
2 7 (3.14%) WebSphere
3 6 (2.69%) WebSphere Application Server
3 6 (2.69%) TIBCO EMS
4 2 (0.90%) WebLogic
5 1 (0.45%) Lightstreamer
5 1 (0.45%) Oracle Workflow
5 1 (0.45%) Apache
5 1 (0.45%) Tomcat
5 1 (0.45%) Apache ServiceMix
Business Applications
1 12 (5.38%) RMDS
2 6 (2.69%) ION MarketView
Cloud Services
1 3 (1.35%) Amazon AWS
2 1 (0.45%) Cloud Computing
2 1 (0.45%) Amazon EC2
2 1 (0.45%) Amazon S3
2 1 (0.45%) GitHub
2 1 (0.45%) Amazon ELB
Communications & Networking
1 20 (8.97%) TCP/IP
2 16 (7.17%) Multicast
3 10 (4.48%) Firewall
4 8 (3.59%) OSPF
5 7 (3.14%) BGP
5 7 (3.14%) WAN
6 6 (2.69%) Cisco Nexus
6 6 (2.69%) LAN
7 5 (2.24%) Cisco IOS
7 5 (2.24%) VPN
8 4 (1.79%) HSRP
8 4 (1.79%) VRRP
8 4 (1.79%) Network Security
8 4 (1.79%) VLAN
9 2 (0.90%) tcpdump
9 2 (0.90%) Junos
9 2 (0.90%) DNS
9 2 (0.90%) SDH
9 2 (0.90%) VoIP
9 2 (0.90%) SSL
Database & Business Intelligence
1 20 (8.97%) Oracle Database
2 17 (7.62%) KDB
3 7 (3.14%) SQL Server
4 6 (2.69%) Relational Database
4 6 (2.69%) Oracle Database 10g
5 3 (1.35%) SQL Server 2005
5 3 (1.35%) SQL Server 2008
6 2 (0.90%) Oracle Reports
6 2 (0.90%) OLAP
7 1 (0.45%) CouchDB
7 1 (0.45%) Oracle Database 11g
7 1 (0.45%) Data Warehouse
7 1 (0.45%) RDBMS
7 1 (0.45%) NoSQL
7 1 (0.45%) Big Data
7 1 (0.45%) Amazon RDS
Development Applications
1 18 (8.07%) Maven
2 15 (6.73%) JUnit
3 14 (6.28%) TeamCity
3 14 (6.28%) Mockito
4 11 (4.93%) CruiseControl
5 6 (2.69%) Bower
5 6 (2.69%) Grunt
5 6 (2.69%) WebDriver
6 3 (1.35%) Subversion
6 3 (1.35%) Git (software)
7 2 (0.90%) Rhino Mocks
7 2 (0.90%) JIRA
8 1 (0.45%) QuickTest Pro
8 1 (0.45%) Jenkins
General
1 96 (43.05%) Front Office
2 94 (42.15%) Banking
3 65 (29.15%) Finance
4 45 (20.18%) Investment Banking
5 8 (3.59%) Games
5 8 (3.59%) Financial Institution
6 6 (2.69%) Back Office
7 5 (2.24%) Telecoms
8 2 (0.90%) Legal
8 2 (0.90%) Billing
9 1 (0.45%) Retail Banking
9 1 (0.45%) Retail
Job Titles
1 152 (68.16%) Developer
2 89 (39.91%) Java Developer
3 36 (16.14%) C++ Developer
4 24 (10.76%) Senior Developer
5 14 (6.28%) Software Engineer
5 14 (6.28%) Senior Java Developer
6 9 (4.04%) WPF Developer
7 8 (3.59%) Architect
7 8 (3.59%) C# Developer
8 7 (3.14%) Java Programmer
8 7 (3.14%) Programmer
9 6 (2.69%) Network Engineer
9 6 (2.69%) Analyst
10 5 (2.24%) Web Developer
11 4 (1.79%) Development Manager
11 4 (1.79%) Support Engineer
12 3 (1.35%) Senior Programmer
12 3 (1.35%) Senior Java Programmer
12 3 (1.35%) Real Time Developer
12 3 (1.35%) Team Leader
Libraries, Frameworks & Software Standards
1 48 (21.52%) Spring
2 27 (12.11%) FIX Protocol
3 19 (8.52%) JDBC
3 19 (8.52%) Hibernate
4 15 (6.73%) WPF
4 15 (6.73%) Web Services
4 15 (6.73%) JMS
5 13 (5.83%) J2EE
6 12 (5.38%) HTML
6 12 (5.38%) Spring MVC
6 12 (5.38%) HTML5
7 10 (4.48%) .NET
7 10 (4.48%) CSS
8 9 (4.04%) Rendezvous
9 8 (3.59%) Middleware
10 7 (3.14%) STL
11 6 (2.69%) AngularJS
11 6 (2.69%) Apache Flex
12 5 (2.24%) XML
12 5 (2.24%) Boost C++ Libraries
Miscellaneous
1 88 (39.46%) Foreign Exchange (FX)
2 41 (18.39%) Fixed Income
3 22 (9.87%) VWAP
3 22 (9.87%) TWAP
4 19 (8.52%) Analytical Skills
5 15 (6.73%) Derivative
6 14 (6.28%) Mathematics
7 10 (4.48%) Market Risk
8 9 (4.04%) Equities
9 7 (3.14%) User Experience
10 5 (2.24%) Physics
11 4 (1.79%) N-Tier
11 4 (1.79%) Online Games
11 4 (1.79%) Field-Programmable Gate Array
12 3 (1.35%) RIA
12 3 (1.35%) Computer Science
13 2 (0.90%) Enterprise Software
13 2 (0.90%) Open Source
13 2 (0.90%) Spread Betting
13 2 (0.90%) Credit Risk
Operating Systems
1 56 (25.11%) UNIX
2 53 (23.77%) Linux
3 9 (4.04%) Solaris
4 4 (1.79%) Windows
4 4 (1.79%) Red Hat Enterprise Linux
5 1 (0.45%) CentOS
Processes & Methodologies
1 140 (62.78%) Multithreading
2 58 (26.01%) Agile Software Development
3 52 (23.32%) Algorithmic Trading
4 49 (21.97%) E-Commerce
5 32 (14.35%) Performance Tuning
6 30 (13.45%) TDD
7 26 (11.66%) Risk Management
8 22 (9.87%) Continuous Integration
9 21 (9.42%) Software Engineering
10 18 (8.07%) Ultra-Low Latency
11 14 (6.28%) Electronic Trading
12 13 (5.83%) Unit Testing
13 12 (5.38%) MVC
13 12 (5.38%) Business Analysis
14 11 (4.93%) BDD
15 9 (4.04%) OO
16 7 (3.14%) Scrum
16 7 (3.14%) UML
16 7 (3.14%) MapReduce
17 6 (2.69%) MVVM
Programming Languages
1 144 (64.57%) Java
2 59 (26.46%) SQL
3 56 (25.11%) C++
4 39 (17.49%) C#
5 14 (6.28%) JavaScript
5 14 (6.28%) Shell Script
6 11 (4.93%) C
6 11 (4.93%) Python
7 9 (4.04%) Bash Shell
8 8 (3.59%) PL/SQL
9 5 (2.24%) Perl
10 3 (1.35%) XAML
11 2 (0.90%) PHP
11 2 (0.90%) VB
12 1 (0.45%) Korn
12 1 (0.45%) Ruby
12 1 (0.45%) Scala
12 1 (0.45%) XPath
12 1 (0.45%) ECMAScript
12 1 (0.45%) XQuery
Qualifications
1 11 (4.93%) Degree
2 5 (2.24%) PhD
3 3 (1.35%) CCNP
3 3 (1.35%) Cisco Certification
4 2 (0.90%) SC Cleared
4 2 (0.90%) Security Cleared
Quality Assurance & Compliance
1 5 (2.24%) QA
System Software
1 3 (1.35%) vCloud
2 1 (0.45%) Oracle RAC
2 1 (0.45%) VMware ESX
2 1 (0.45%) HDFS
Systems Management
1 1 (0.45%) Nagios
1 1 (0.45%) Puppet
1 1 (0.45%) Opscode Chef
1 1 (0.45%) Ansible
Vendors
1 44 (19.73%) Oracle
2 34 (15.25%) TIBCO
3 19 (8.52%) Sybase
4 15 (6.73%) 29West
5 13 (5.83%) Cisco
6 8 (3.59%) ION Trading
7 6 (2.69%) F5
7 6 (2.69%) Adobe
7 6 (2.69%) Juniper
7 6 (2.69%) CheckPoint
8 4 (1.79%) Red Hat
9 3 (1.35%) Cognizant
10 2 (0.90%) Microsoft
10 2 (0.90%) Blue Coat
10 2 (0.90%) Huawei
11 1 (0.45%) VMware
11 1 (0.45%) Remedy
11 1 (0.45%) Salesforce.com
11 1 (0.45%) JBoss
11 1 (0.45%) Avaya
City, London
Montash
Rate: £600 - £800 per day
Posted: Yesterday
City of London
iKonnect
Rate: £550 - £650 per day
Posted: Yesterday
City, London
Stott & May
Rate: From £550 to £575 per day
Posted: 4 days ago
City, London
McGregor Boyall
Rate: £650 - £800 per day
Posted: 5 days ago
City of London
Argyll Scott
Rate: £500 - £600 per day
Posted: 5 days ago