The first table below looks at the demand 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 28 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Processes & Methodologies category for the City of London region.

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
28 Jul 2014
Same period 2013 Same period 2012
Low Latency
Rank 86 91 105
Rank change year-on-year
+5 +14
Contract jobs citing Low Latency 130 141 144
As % of all contract IT jobs located in the City of London 2.22% 1.98% 1.84%
As % of the Processes & Methodologies category 2.94% 2.60% 2.47%
Number of daily rates quoted 105 95 113
Average daily rate
Keep up to 90%
of your Daily Rate
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£625 £575 £575
Average daily rate % change year-on-year
+8.69% -
90% offered a daily rate of more than £529 £450 £438
10% offered a daily rate of more than £700 £675 £675
UK excluding London average daily rate £370 £375 £481
% change year-on-year
-1.33% -22.07%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £40.00 £40.00 -
Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
4421 5420 5837
As % of all contract IT jobs located in the City of London 75.57% 76.21% 74.64%
Number of daily rates quoted 3282 4052 4349
Average daily rate £450 £450 £463
Average daily rate % change year-on-year
- -2.70%
90% offered a daily rate of more than £313 £301 £300
10% offered a daily rate of more than £625 £600 £625
UK excluding London average daily rate £375 £375 £363
% change year-on-year
- +3.44%
Number of hourly rates quoted 45 96 81
Average hourly rate £23.50 £27.99 £25.00
Average hourly rate % change year-on-year
-16.02% +11.94%
90% offered a hourly rate of more than £14.50 £17.70 £16.04
10% offered a hourly rate of more than £45.00 £52.50 £51.36
UK excluding London average hourly rate £26.50 £31.00 £32.00
% change year-on-year
-14.51% -3.12%
Low Latency
London

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 28 July 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 28 July 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.

1 129 (61.72%) Java
2 116 (55.50%) Multithreading
3 90 (43.06%) Front Office
4 75 (35.89%) Foreign Exchange (FX)
5 72 (34.45%) Banking
6 57 (27.27%) C++
7 54 (25.84%) C#
7 54 (25.84%) SQL
8 53 (25.36%) Finance
9 50 (23.92%) Linux
10 49 (23.44%) UNIX
11 46 (22.01%) Fixed Income
12 44 (21.05%) E-Commerce
13 43 (20.57%) Spring
14 42 (20.10%) TIBCO
15 40 (19.14%) Algorithmic Trading
16 34 (16.27%) TDD
17 33 (15.79%) Agile Software Development
17 33 (15.79%) Oracle
18 32 (15.31%) Investment Banking
19 27 (12.92%) FIX Protocol
20 26 (12.44%) Sybase
21 24 (11.48%) Performance Tuning
22 20 (9.57%) JMS
22 20 (9.57%) 29West
23 19 (9.09%) Ultra-Low Latency
23 19 (9.09%) Risk Management
23 19 (9.09%) KDB
24 18 (8.61%) Electronic Trading
25 17 (8.13%) Continuous Integration

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

For the 6 months to 28 July 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 8 (3.83%) Oracle Coherence
2 7 (3.35%) WebSphere
2 7 (3.35%) TIBCO EMS
3 6 (2.87%) WebSphere Application Server
4 2 (0.96%) WebLogic
5 1 (0.48%) Apache
5 1 (0.48%) Tomcat
5 1 (0.48%) Oracle Workflow
5 1 (0.48%) Lightstreamer
5 1 (0.48%) Apache ServiceMix
Business Applications
1 7 (3.35%) RMDS
2 5 (2.39%) ION MarketView
Cloud Services
1 4 (1.91%) Amazon AWS
2 2 (0.96%) GitHub
3 1 (0.48%) Amazon ELB
3 1 (0.48%) Cloud Computing
3 1 (0.48%) Amazon EC2
3 1 (0.48%) Amazon S3
Communications & Networking
1 13 (6.22%) TCP/IP
2 11 (5.26%) Multicast
3 5 (2.39%) Firewall
4 4 (1.91%) OSPF
4 4 (1.91%) BGP
5 3 (1.44%) WAN
6 2 (0.96%) LAN
6 2 (0.96%) SDH
6 2 (0.96%) VoIP
6 2 (0.96%) VPN
6 2 (0.96%) SSL
6 2 (0.96%) EIGRP
6 2 (0.96%) DWDM
6 2 (0.96%) Junos
6 2 (0.96%) Cisco Nexus
7 1 (0.48%) F5 BIG-IP LTM
7 1 (0.48%) F5 BIG-IP GTM
7 1 (0.48%) MPLS
7 1 (0.48%) H.323
7 1 (0.48%) Wireless
Database & Business Intelligence
1 19 (9.09%) KDB
2 15 (7.18%) Oracle Database
3 12 (5.74%) SQL Server
4 6 (2.87%) Oracle Database 10g
5 4 (1.91%) Relational Database
6 2 (0.96%) SQL Server 2005
6 2 (0.96%) NoSQL
6 2 (0.96%) OLAP
6 2 (0.96%) Oracle Reports
6 2 (0.96%) SQL Server 2008
6 2 (0.96%) CouchDB
7 1 (0.48%) Apache Cassandra
7 1 (0.48%) RDBMS
7 1 (0.48%) Riak
7 1 (0.48%) Big Data
7 1 (0.48%) Voldemort
7 1 (0.48%) Amazon DynamoDB
7 1 (0.48%) Amazon RDS
7 1 (0.48%) Oracle Database 11g
Development Applications
1 16 (7.66%) JUnit
1 16 (7.66%) Maven
2 15 (7.18%) Mockito
3 9 (4.31%) TeamCity
4 6 (2.87%) CruiseControl
4 6 (2.87%) WebDriver
4 6 (2.87%) Grunt
4 6 (2.87%) Bower
5 3 (1.44%) Subversion
5 3 (1.44%) Git (software)
5 3 (1.44%) JIRA
6 2 (0.96%) Ant
6 2 (0.96%) Jenkins
7 1 (0.48%) Rhino Mocks
7 1 (0.48%) QuickTest Pro
General
1 90 (43.06%) Front Office
2 72 (34.45%) Banking
3 53 (25.36%) Finance
4 32 (15.31%) Investment Banking
5 9 (4.31%) Financial Institution
5 9 (4.31%) Games
6 6 (2.87%) Back Office
7 5 (2.39%) Telecoms
8 3 (1.44%) Billing
9 1 (0.48%) Retail Banking
9 1 (0.48%) Spanish Language
9 1 (0.48%) Legal
9 1 (0.48%) Retail
Job Titles
1 147 (70.33%) Developer
2 82 (39.23%) Java Developer
3 36 (17.22%) C++ Developer
4 21 (10.05%) Senior Developer
5 12 (5.74%) Senior Java Developer
6 11 (5.26%) C# Developer
7 10 (4.78%) WPF Developer
8 8 (3.83%) Software Engineer
9 6 (2.87%) Architect
9 6 (2.87%) Programmer
9 6 (2.87%) Java Programmer
10 5 (2.39%) Network Engineer
10 5 (2.39%) Web Developer
10 5 (2.39%) Development Manager
11 4 (1.91%) Technical Manager
11 4 (1.91%) Analyst
12 3 (1.44%) Project Manager
12 3 (1.44%) Lead Developer
12 3 (1.44%) Operations Manager
12 3 (1.44%) Cisco Network Engineer
Libraries, Frameworks & Software Standards
1 43 (20.57%) Spring
2 27 (12.92%) FIX Protocol
3 20 (9.57%) JMS
4 17 (8.13%) .NET
4 17 (8.13%) WPF
5 15 (7.18%) Middleware
6 14 (6.70%) JDBC
7 13 (6.22%) HTML
8 12 (5.74%) Web Services
8 12 (5.74%) Rendezvous
8 12 (5.74%) HTML5
9 11 (5.26%) CSS
10 10 (4.78%) Hibernate
11 9 (4.31%) J2EE
12 7 (3.35%) Spring MVC
13 6 (2.87%) Apache Flex
13 6 (2.87%) STL
13 6 (2.87%) AngularJS
14 5 (2.39%) XML
14 5 (2.39%) WCF
Miscellaneous
1 75 (35.89%) Foreign Exchange (FX)
2 46 (22.01%) Fixed Income
3 16 (7.66%) Derivative
3 16 (7.66%) VWAP
3 16 (7.66%) TWAP
4 11 (5.26%) Equities
5 10 (4.78%) Mathematics
6 6 (2.87%) Online Games
7 5 (2.39%) Computer Science
7 5 (2.39%) Market Risk
8 4 (1.91%) Physics
8 4 (1.91%) N-Tier
9 3 (1.44%) RIA
10 2 (0.96%) Credit Risk
10 2 (0.96%) Mobile App
10 2 (0.96%) Enterprise Software
10 2 (0.96%) Visualisation
10 2 (0.96%) Open Source
10 2 (0.96%) PKI
11 1 (0.48%) Inversion of Control
Operating Systems
1 50 (23.92%) Linux
2 49 (23.44%) UNIX
3 7 (3.35%) Solaris
4 2 (0.96%) Windows
4 2 (0.96%) CentOS
4 2 (0.96%) Red Hat Enterprise Linux
Processes & Methodologies
1 116 (55.50%) Multithreading
2 44 (21.05%) E-Commerce
3 40 (19.14%) Algorithmic Trading
4 34 (16.27%) TDD
5 33 (15.79%) Agile Software Development
6 24 (11.48%) Performance Tuning
7 19 (9.09%) Ultra-Low Latency
7 19 (9.09%) Risk Management
8 18 (8.61%) Electronic Trading
9 17 (8.13%) Continuous Integration
10 14 (6.70%) Software Engineering
11 11 (5.26%) BDD
12 9 (4.31%) Analytics
12 9 (4.31%) UML
13 8 (3.83%) OO
13 8 (3.83%) Unit Testing
14 7 (3.35%) Business Analysis
14 7 (3.35%) Scrum
14 7 (3.35%) MVC
14 7 (3.35%) DevOps
Programming Languages
1 129 (61.72%) Java
2 57 (27.27%) C++
3 54 (25.84%) SQL
3 54 (25.84%) C#
4 15 (7.18%) Python
5 14 (6.70%) JavaScript
6 13 (6.22%) C
6 13 (6.22%) Shell Script
7 9 (4.31%) Bash Shell
8 8 (3.83%) PL/SQL
8 8 (3.83%) VB
9 4 (1.91%) PHP
10 3 (1.44%) Perl
10 3 (1.44%) Ruby
11 2 (0.96%) XAML
12 1 (0.48%) ECMAScript
12 1 (0.48%) XQuery
12 1 (0.48%) Korn
12 1 (0.48%) XPath
12 1 (0.48%) Groovy
Qualifications
1 8 (3.83%) Degree
2 4 (1.91%) CCNP
2 4 (1.91%) Cisco Certification
3 2 (0.96%) SC Cleared
3 2 (0.96%) Security Cleared
3 2 (0.96%) PhD
Quality Assurance & Compliance
1 6 (2.87%) QA
System Software
1 4 (1.91%) vCloud
2 1 (0.48%) HDFS
2 1 (0.48%) VMware ESX
2 1 (0.48%) Oracle RAC
Systems Management
1 2 (0.96%) Nagios
1 2 (0.96%) Puppet
1 2 (0.96%) Opscode Chef
1 2 (0.96%) Ansible
Vendors
1 42 (20.10%) TIBCO
2 33 (15.79%) Oracle
3 26 (12.44%) Sybase
4 20 (9.57%) 29West
5 13 (6.22%) ION Trading
6 10 (4.78%) Cisco
7 8 (3.83%) Microsoft
8 6 (2.87%) Adobe
9 3 (1.44%) Cognizant
10 2 (0.96%) Red Hat
10 2 (0.96%) CheckPoint
10 2 (0.96%) Huawei
10 2 (0.96%) F5
10 2 (0.96%) New Relic
10 2 (0.96%) Juniper
11 1 (0.48%) JBoss
11 1 (0.48%) Remedy
11 1 (0.48%) VMware
11 1 (0.48%) Salesforce.com
11 1 (0.48%) Avaya
City, London
Aston Carter
Rate: £750 - £850 per day
Posted: 3 days ago
City, London
McGregor Boyall
Rate: £600 - £750 per day
Posted: 3 days ago
City, London
Oliver Bernard
Rate: £600 per day - initial 6 month contract
Posted: 4 days ago
City, London
Aston Carter
Rate: £900 - £1050 per annum
Posted: 5 days ago
City of London
Real Staffing
Rate: £550 - £650 per day + competitive
Posted: 11 days ago
City of London
Orgtel
Rate: £650 - £750 per day
Posted: 14 days ago