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 22 August 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
22 Aug 2014
Same period 2013 Same period 2012
Low Latency
Rank 78 94 99
Rank change year-on-year
+16 +5
Contract jobs citing Low Latency 136 156 149
As % of all contract IT jobs located in the City of London 2.31% 2.12% 1.91%
As % of the Processes & Methodologies category 3.08% 2.79% 2.53%
Number of daily rates quoted 108 112 117
Average daily rate
Keep up to 90%
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 £450 £425
10% offered a daily rate of more than £700 £700 £675
UK excluding London average daily rate £375 £375 £345
% change year-on-year
- +8.69%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £40.00 -
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
4422 5597 5890
As % of all contract IT jobs located in the City of London 75.06% 76.06% 75.34%
Number of daily rates quoted 3282 4197 4388
Average daily rate £450 £450 £450
90% offered a daily rate of more than £317 £313 £300
10% offered a daily rate of more than £625 £600 £625
UK excluding London average daily rate £375 £370 £363
% change year-on-year
+1.35% +2.06%
Number of hourly rates quoted 42 71 91
Average hourly rate £22.60 £22.50 £30.00
Average hourly rate % change year-on-year
+0.42% -25.00%
90% offered a hourly rate of more than £16.50 £15.00 £16.00
10% offered a hourly rate of more than £36.50 £52.50 £51.50
UK excluding London average hourly rate £25.00 £30.00 £31.00
% change year-on-year
-16.66% -3.22%

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 22 August 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 22 August 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.

1 139 (63.47%) Java
2 136 (62.10%) Multithreading
3 94 (42.92%) Front Office
4 88 (40.18%) Banking
5 80 (36.53%) Foreign Exchange (FX)
6 63 (28.77%) Finance
7 57 (26.03%) C++
8 56 (25.57%) SQL
8 56 (25.57%) UNIX
9 52 (23.74%) Linux
10 50 (22.83%) Spring
11 47 (21.46%) E-Commerce
12 46 (21.00%) Fixed Income
12 46 (21.00%) Algorithmic Trading
13 44 (20.09%) C#
14 41 (18.72%) Investment Banking
15 40 (18.26%) TIBCO
16 39 (17.81%) Oracle
17 35 (15.98%) Agile Software Development
17 35 (15.98%) TDD
18 29 (13.24%) FIX Protocol
19 27 (12.33%) Performance Tuning
20 24 (10.96%) Sybase
21 22 (10.05%) Risk Management
22 21 (9.59%) Continuous Integration
22 21 (9.59%) KDB
23 20 (9.13%) Maven
24 19 (8.68%) Software Engineering
24 19 (8.68%) JUnit
24 19 (8.68%) Oracle Database

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

For the 6 months to 22 August 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 (5.48%) Oracle Coherence
2 7 (3.20%) WebSphere
3 6 (2.74%) WebSphere Application Server
4 5 (2.28%) TIBCO EMS
5 2 (0.91%) WebLogic
6 1 (0.46%) Oracle Workflow
6 1 (0.46%) Apache
6 1 (0.46%) Tomcat
6 1 (0.46%) Lightstreamer
6 1 (0.46%) Apache ServiceMix
Business Applications
1 9 (4.11%) RMDS
2 6 (2.74%) ION MarketView
Cloud Services
1 4 (1.83%) Amazon AWS
2 2 (0.91%) GitHub
3 1 (0.46%) Cloud Computing
3 1 (0.46%) Amazon EC2
3 1 (0.46%) Amazon S3
3 1 (0.46%) Amazon ELB
Communications & Networking
1 17 (7.76%) TCP/IP
2 15 (6.85%) Multicast
3 10 (4.57%) Firewall
4 7 (3.20%) OSPF
4 7 (3.20%) BGP
5 6 (2.74%) WAN
6 5 (2.28%) VPN
6 5 (2.28%) LAN
6 5 (2.28%) Cisco Nexus
7 4 (1.83%) Cisco IOS
7 4 (1.83%) Network Security
8 3 (1.37%) VRRP
8 3 (1.37%) VLAN
8 3 (1.37%) HSRP
9 2 (0.91%) Junos
9 2 (0.91%) SDH
9 2 (0.91%) VoIP
9 2 (0.91%) SSL
9 2 (0.91%) DWDM
9 2 (0.91%) EIGRP
Database & Business Intelligence
1 21 (9.59%) KDB
2 19 (8.68%) Oracle Database
3 11 (5.02%) SQL Server
4 6 (2.74%) Oracle Database 10g
5 4 (1.83%) Relational Database
6 2 (0.91%) NoSQL
6 2 (0.91%) SQL Server 2005
6 2 (0.91%) CouchDB
6 2 (0.91%) SQL Server 2008
6 2 (0.91%) Oracle Reports
6 2 (0.91%) OLAP
7 1 (0.46%) RDBMS
7 1 (0.46%) Oracle Database 11g
7 1 (0.46%) Apache Cassandra
7 1 (0.46%) Big Data
7 1 (0.46%) Riak
7 1 (0.46%) Amazon DynamoDB
7 1 (0.46%) Amazon RDS
7 1 (0.46%) Voldemort
Development Applications
1 20 (9.13%) Maven
2 19 (8.68%) JUnit
3 18 (8.22%) Mockito
4 13 (5.94%) TeamCity
5 10 (4.57%) CruiseControl
6 6 (2.74%) Bower
6 6 (2.74%) Grunt
6 6 (2.74%) WebDriver
7 3 (1.37%) Git (software)
7 3 (1.37%) JIRA
7 3 (1.37%) Subversion
8 2 (0.91%) Jenkins
8 2 (0.91%) Ant
9 1 (0.46%) QuickTest Pro
9 1 (0.46%) Rhino Mocks
General
1 94 (42.92%) Front Office
2 88 (40.18%) Banking
3 63 (28.77%) Finance
4 41 (18.72%) Investment Banking
5 9 (4.11%) Games
6 8 (3.65%) Financial Institution
7 6 (2.74%) Back Office
8 5 (2.28%) Telecoms
9 3 (1.37%) Billing
10 1 (0.46%) Legal
10 1 (0.46%) Spanish Language
10 1 (0.46%) Retail
10 1 (0.46%) Retail Banking
Job Titles
1 153 (69.86%) Developer
2 90 (41.10%) Java Developer
3 35 (15.98%) C++ Developer
4 22 (10.05%) Senior Developer
5 12 (5.48%) Senior Java Developer
5 12 (5.48%) Software Engineer
6 11 (5.02%) WPF Developer
7 9 (4.11%) C# Developer
8 6 (2.74%) Java Programmer
8 6 (2.74%) Architect
8 6 (2.74%) Programmer
8 6 (2.74%) Network Engineer
9 5 (2.28%) Analyst
9 5 (2.28%) Web Developer
10 4 (1.83%) Technical Manager
10 4 (1.83%) Support Engineer
10 4 (1.83%) Development Manager
11 3 (1.37%) Operations Manager
11 3 (1.37%) Applications Support
11 3 (1.37%) Applications Support Engineer
Libraries, Frameworks & Software Standards
1 50 (22.83%) Spring
2 29 (13.24%) FIX Protocol
3 18 (8.22%) JDBC
3 18 (8.22%) Hibernate
4 17 (7.76%) WPF
4 17 (7.76%) JMS
5 16 (7.31%) Web Services
6 13 (5.94%) HTML
6 13 (5.94%) J2EE
7 12 (5.48%) HTML5
8 11 (5.02%) .NET
8 11 (5.02%) CSS
8 11 (5.02%) Spring MVC
9 10 (4.57%) Middleware
10 9 (4.11%) Rendezvous
11 7 (3.20%) STL
12 6 (2.74%) AngularJS
12 6 (2.74%) Apache Flex
13 5 (2.28%) XML
13 5 (2.28%) Swing
Miscellaneous
1 80 (36.53%) Foreign Exchange (FX)
2 46 (21.00%) Fixed Income
3 18 (8.22%) TWAP
3 18 (8.22%) VWAP
4 15 (6.85%) Derivative
5 12 (5.48%) Mathematics
6 9 (4.11%) Equities
6 9 (4.11%) Market Risk
7 6 (2.74%) Online Games
8 5 (2.28%) Physics
9 4 (1.83%) N-Tier
10 3 (1.37%) RIA
11 2 (0.91%) Mobile App
11 2 (0.91%) Enterprise Software
11 2 (0.91%) Open Source
11 2 (0.91%) Field-Programmable Gate Array
11 2 (0.91%) PKI
11 2 (0.91%) Computer Science
11 2 (0.91%) Credit Risk
11 2 (0.91%) Visualisation
Operating Systems
1 56 (25.57%) UNIX
2 52 (23.74%) Linux
3 8 (3.65%) Solaris
4 4 (1.83%) Red Hat Enterprise Linux
5 3 (1.37%) Windows
6 2 (0.91%) CentOS
Processes & Methodologies
1 136 (62.10%) Multithreading
2 47 (21.46%) E-Commerce
3 46 (21.00%) Algorithmic Trading
4 35 (15.98%) Agile Software Development
4 35 (15.98%) TDD
5 27 (12.33%) Performance Tuning
6 22 (10.05%) Risk Management
7 21 (9.59%) Continuous Integration
8 19 (8.68%) Software Engineering
9 16 (7.31%) Ultra-Low Latency
10 14 (6.39%) Electronic Trading
11 12 (5.48%) Unit Testing
12 11 (5.02%) MVC
12 11 (5.02%) Business Analysis
12 11 (5.02%) BDD
13 9 (4.11%) UML
13 9 (4.11%) OO
14 8 (3.65%) Analytics
15 7 (3.20%) Scrum
15 7 (3.20%) DevOps
Programming Languages
1 139 (63.47%) Java
2 57 (26.03%) C++
3 56 (25.57%) SQL
4 44 (20.09%) C#
5 14 (6.39%) JavaScript
5 14 (6.39%) Shell Script
6 13 (5.94%) Python
7 12 (5.48%) C
8 9 (4.11%) Bash Shell
9 8 (3.65%) PL/SQL
10 7 (3.20%) VB
11 5 (2.28%) Perl
12 4 (1.83%) PHP
13 3 (1.37%) Ruby
14 2 (0.91%) XAML
15 1 (0.46%) XQuery
15 1 (0.46%) ECMAScript
15 1 (0.46%) Groovy
15 1 (0.46%) Scala
15 1 (0.46%) XPath
Qualifications
1 10 (4.57%) Degree
2 4 (1.83%) CCNP
2 4 (1.83%) Cisco Certification
2 4 (1.83%) PhD
3 2 (0.91%) SC Cleared
3 2 (0.91%) Security Cleared
Quality Assurance & Compliance
1 5 (2.28%) QA
System Software
1 4 (1.83%) vCloud
2 1 (0.46%) VMware ESX
2 1 (0.46%) Oracle RAC
2 1 (0.46%) HDFS
Systems Management
1 2 (0.91%) Opscode Chef
1 2 (0.91%) Ansible
1 2 (0.91%) Puppet
1 2 (0.91%) Nagios
Vendors
1 40 (18.26%) TIBCO
2 39 (17.81%) Oracle
3 24 (10.96%) Sybase
4 13 (5.94%) Cisco
4 13 (5.94%) ION Trading
4 13 (5.94%) 29West
5 7 (3.20%) Microsoft
6 6 (2.74%) Adobe
7 5 (2.28%) CheckPoint
7 5 (2.28%) Juniper
7 5 (2.28%) F5
8 4 (1.83%) Red Hat
9 3 (1.37%) Cognizant
10 2 (0.91%) New Relic
10 2 (0.91%) Huawei
10 2 (0.91%) Blue Coat
11 1 (0.46%) VMware
11 1 (0.46%) Remedy
11 1 (0.46%) Salesforce.com
11 1 (0.46%) Avaya
City, London
McGregor Boyall
Rate: £600 - £700 per day
Posted: 6 hours ago
City of London
Streamline Connections
Rate: £450 - £500 per day
Posted: 13 hours ago
City, London
Client Server
Rate: £500 - £550 per day
Posted: Yesterday
City, London
Evolution Recruitment Solutions
Rate: Market Rate
Posted: 3 days ago
City, London
Aston Carter
Rate: £500 - £600 per day
Posted: 4 days ago
City of London
Real Staffing
Rate: £550 - £650 per day + competitive
Posted: 10 days ago
City of London
Austin Fraser Limited
Rate: NEG
Posted: 14 days ago
City of London
Austin Fraser Limited
Rate: NEG
Posted: 15 days ago
City of London
Huxley Associates
Rate: £600 - £700 per day
Posted: 16 days ago