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 5 August 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
5 Aug 2015
Same period 2014 Same period 2013
Low Latency
Rank 118 81 93
Rank change year-on-year
-37 +12
Contract jobs citing Low Latency 92 132 144
As % of all contract IT jobs located in the City of London 1.58% 2.26% 2.00%
As % of the Processes & Methodologies category 2.00% 2.92% 2.56%
Number of daily rates quoted 84 108 99
Average daily rate
Keep up to 90%
of your Daily Rate
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£625 £644 £575
Average daily rate % change year-on-year
-2.91% +11.95%
90% offered a daily rate of more than £500 £550 £450
10% offered a daily rate of more than £725 £708 £675
UK excluding London average daily rate £475 £385 £375
% change year-on-year
+23.37% +2.66%
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
4607 4525 5619
As % of all contract IT jobs located in the City of London 79.04% 77.31% 78.09%
Number of daily rates quoted 3642 3375 4180
Average daily rate £475 £450 £450
Average daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £325 £313 £310
10% offered a daily rate of more than £625 £625 £600
UK excluding London average daily rate £390 £375 £375
% change year-on-year
+4.00% -
Number of hourly rates quoted 41 42 94
Average hourly rate £21.00 £23.50 £27.99
Average hourly rate % change year-on-year
-10.63% -16.02%
90% offered a hourly rate of more than £13.00 £15.00 £17.50
10% offered a hourly rate of more than £40.00 £46.70 £52.50
UK excluding London average hourly rate £30.50 £25.00 £31.00
% change year-on-year
+22.00% -19.35%

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 5 August 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 5 August 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 98 (57.65%) Multithreading
2 89 (52.35%) Foreign Exchange (FX)
3 77 (45.29%) Java
4 66 (38.82%) C++
5 59 (34.71%) Front Office
5 59 (34.71%) Banking
6 47 (27.65%) Linux
7 42 (24.71%) C#
8 36 (21.18%) Algorithmic Trading
9 30 (17.65%) Finance
10 27 (15.88%) UNIX
10 27 (15.88%) Agile Software Development
11 25 (14.71%) FIX Protocol
12 22 (12.94%) Investment Banking
13 19 (11.18%) Fixed Income
13 19 (11.18%) OO
14 18 (10.59%) E-Commerce
15 17 (10.00%) SQL
15 17 (10.00%) TDD
16 16 (9.41%) Python
16 16 (9.41%) Risk Management
17 14 (8.24%) Equities
17 14 (8.24%) Spring
17 14 (8.24%) WPF
17 14 (8.24%) Analytical Skills
18 13 (7.65%) Market Making
18 13 (7.65%) DevOps
18 13 (7.65%) FX Algorithmic Trading
18 13 (7.65%) Derivative
18 13 (7.65%) KDB

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

For the 6 months to 5 August 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 4 (2.35%) MTS
2 3 (1.76%) Oracle Coherence
3 2 (1.18%) Confluence
3 2 (1.18%) Node.js
3 2 (1.18%) WebSphere
4 1 (0.59%) Apache Spark
Applications
1 1 (0.59%) MS Project
Business Applications
1 7 (4.12%) ION MarketView
2 5 (2.94%) RMDS
3 1 (0.59%) MetaTrader
Cloud Services
1 5 (2.94%) Amazon AWS
2 4 (2.35%) SaaS
2 4 (2.35%) PaaS
2 4 (2.35%) IaaS
3 2 (1.18%) Amazon ElastiCache
3 2 (1.18%) AWS CloudFormation
3 2 (1.18%) Amazon EC2
4 1 (0.59%) GitHub
Communications & Networking
1 10 (5.88%) Multicast
2 7 (4.12%) BGP
2 7 (4.12%) EIGRP
3 6 (3.53%) Firewall
4 5 (2.94%) OSPF
5 4 (2.35%) TCP/IP
5 4 (2.35%) IPsec
5 4 (2.35%) HSRP
5 4 (2.35%) Spanning Tree
6 3 (1.76%) DMZ
6 3 (1.76%) MPLS
6 3 (1.76%) LAN
6 3 (1.76%) WAN
6 3 (1.76%) RIP
6 3 (1.76%) Network Security
6 3 (1.76%) Cisco ASA
7 2 (1.18%) VoIP
7 2 (1.18%) F5 BIG-IP LTM
8 1 (0.59%) F5 BIG-IP GTM
8 1 (0.59%) IP Telephony
Database & Business Intelligence
1 13 (7.65%) KDB
2 6 (3.53%) SQL Server
3 4 (2.35%) MongoDB
4 3 (1.76%) Data Warehouse
5 2 (1.18%) PostgreSQL
5 2 (1.18%) Oracle Database 11g
5 2 (1.18%) Apache Cassandra
5 2 (1.18%) NoSQL
5 2 (1.18%) Amazon RDS
5 2 (1.18%) Oracle Database
5 2 (1.18%) Relational Database
5 2 (1.18%) Hadoop
6 1 (0.59%) SQL Server 2008
6 1 (0.59%) Big Data
6 1 (0.59%) OLAP
Development Applications
1 8 (4.71%) Maven
1 8 (4.71%) JIRA
2 5 (2.94%) Jenkins
3 3 (1.76%) Moq
3 3 (1.76%) VSS/SourceSafe
3 3 (1.76%) Eclipse
3 3 (1.76%) Ant
3 3 (1.76%) JMeter
3 3 (1.76%) NUnit
4 2 (1.18%) Subversion
4 2 (1.18%) JUnit
4 2 (1.18%) Cucumber
4 2 (1.18%) Hudson
4 2 (1.18%) Selenium
4 2 (1.18%) JConsole
4 2 (1.18%) Rhino Mocks
5 1 (0.59%) TeamCity
5 1 (0.59%) ReSharper
5 1 (0.59%) CodeRush
5 1 (0.59%) SpecFlow
General
1 59 (34.71%) Front Office
1 59 (34.71%) Banking
2 30 (17.65%) Finance
3 22 (12.94%) Investment Banking
4 3 (1.76%) Advertising
5 2 (1.18%) Legal
5 2 (1.18%) Telecoms
5 2 (1.18%) Financial Institution
6 1 (0.59%) Games
6 1 (0.59%) Marketing
Job Titles
1 134 (78.82%) Developer
2 57 (33.53%) Java Developer
3 45 (26.47%) C++ Developer
4 34 (20.00%) Senior Developer
5 20 (11.76%) C# Developer
6 17 (10.00%) Senior Java Developer
7 10 (5.88%) Senior C# Developer
8 7 (4.12%) WPF Developer
9 6 (3.53%) C++/C# Developer
9 6 (3.53%) DevOps Engineer
9 6 (3.53%) Senior WPF Developer
9 6 (3.53%) Project Manager
9 6 (3.53%) Network Engineer
10 5 (2.94%) Linux Engineer
11 4 (2.35%) Real Time Developer
11 4 (2.35%) JavaScript Developer
11 4 (2.35%) C# Software Developer
11 4 (2.35%) Analyst
11 4 (2.35%) Software Developer
11 4 (2.35%) Senior C++ Developer
Libraries, Frameworks & Software Standards
1 25 (14.71%) FIX Protocol
2 14 (8.24%) Spring
2 14 (8.24%) WPF
3 13 (7.65%) Boost C++ Libraries
4 12 (7.06%) STL
5 11 (6.47%) .NET
6 10 (5.88%) Middleware
7 9 (5.29%) HTML
7 9 (5.29%) XML
7 9 (5.29%) HTML5
7 9 (5.29%) WCF
8 7 (4.12%) Reactive Extensions
8 7 (4.12%) AngularJS
8 7 (4.12%) TIBCO EMS
9 6 (3.53%) WinForms
9 6 (3.53%) LINQ
10 4 (2.35%) ActiveMQ
10 4 (2.35%) JMX
10 4 (2.35%) Hibernate
10 4 (2.35%) JMS
Miscellaneous
1 89 (52.35%) Foreign Exchange (FX)
2 19 (11.18%) Fixed Income
3 14 (8.24%) Equities
3 14 (8.24%) Analytical Skills
4 13 (7.65%) Derivative
5 12 (7.06%) Algorithms
6 9 (5.29%) Mathematics
7 6 (3.53%) Physics
7 6 (3.53%) N-Tier
7 6 (3.53%) Data Centre
7 6 (3.53%) Data Structures
8 5 (2.94%) Computer Science
9 4 (2.35%) Credit Risk
9 4 (2.35%) Client/Server
9 4 (2.35%) Equity Derivative
10 3 (1.76%) User Experience
11 2 (1.18%) Index Arbitrage
11 2 (1.18%) Hybrid Cloud
11 2 (1.18%) Replication
11 2 (1.18%) Social Media
Operating Systems
1 47 (27.65%) Linux
2 27 (15.88%) UNIX
3 7 (4.12%) Windows
4 6 (3.53%) Red Hat Enterprise Linux
5 1 (0.59%) Solaris
Processes & Methodologies
1 98 (57.65%) Multithreading
2 36 (21.18%) Algorithmic Trading
3 27 (15.88%) Agile Software Development
4 19 (11.18%) OO
5 18 (10.59%) E-Commerce
6 17 (10.00%) TDD
7 16 (9.41%) Risk Management
8 13 (7.65%) DevOps
8 13 (7.65%) Market Making
8 13 (7.65%) FX Algorithmic Trading
9 12 (7.06%) Electronic Trading
10 10 (5.88%) Continuous Integration
11 8 (4.71%) Project Management
11 8 (4.71%) OOD
12 7 (4.12%) Ultra-Low Latency
12 7 (4.12%) Performance Tuning
13 6 (3.53%) Memory Management
13 6 (3.53%) Continuous Delivery
13 6 (3.53%) Concurrent Programming
13 6 (3.53%) Scrum
Programming Languages
1 77 (45.29%) Java
2 66 (38.82%) C++
3 42 (24.71%) C#
4 17 (10.00%) SQL
5 16 (9.41%) Python
6 10 (5.88%) Perl
7 7 (4.12%) Bash Shell
8 6 (3.53%) Ruby
8 6 (3.53%) Scala
9 5 (2.94%) Shell Script
9 5 (2.94%) C
10 4 (2.35%) JavaScript
11 3 (1.76%) PL/SQL
12 1 (0.59%) PHP
12 1 (0.59%) T-SQL
12 1 (0.59%) Groovy
12 1 (0.59%) Go
Qualifications
1 12 (7.06%) Degree
2 8 (4.71%) Cisco Certification
3 6 (3.53%) PhD
4 5 (2.94%) CCIE
4 5 (2.94%) CCNP
5 3 (1.76%) PRINCE2 Certification
6 2 (1.18%) PRINCE2 Practitioner
6 2 (1.18%) CCNA
7 1 (0.59%) ITIL Certification
Quality Assurance & Compliance
1 2 (1.18%) ISO 9001
2 1 (0.59%) QA
System Software
1 7 (4.12%) VMware Infrastructure
2 3 (1.76%) Docker
Systems Management
1 9 (5.29%) Puppet
2 7 (4.12%) Opscode Chef
3 4 (2.35%) ITRS Geneos
4 2 (1.18%) Ansible
4 2 (1.18%) Mesos
4 2 (1.18%) CA Spectrum
4 2 (1.18%) Vagrant
4 2 (1.18%) CiscoWorks
5 1 (0.59%) MOM
Vendors
1 12 (7.06%) TIBCO
2 10 (5.88%) ION Trading
3 9 (5.29%) Oracle
4 8 (4.71%) Cisco
5 7 (4.12%) VMware
6 6 (3.53%) Juniper
6 6 (3.53%) Bloomberg
6 6 (3.53%) Red Hat
7 5 (2.94%) Fortinet
8 4 (2.35%) Tradeweb
8 4 (2.35%) CheckPoint
8 4 (2.35%) eSpeed
9 3 (1.76%) Reuters
9 3 (1.76%) Adobe
9 3 (1.76%) F5
9 3 (1.76%) Solace
10 2 (1.18%) WorldPay
10 2 (1.18%) Intel
10 2 (1.18%) CA
10 2 (1.18%) IBM
City, London
Harrington Starr
Rate: £350 - £450 per day
Posted: 18 hours ago
City, London
Total Recruitment Specialists Limited / TRG / Total recruitment group
Rate: £375 - £410 Per Day please send cv
Posted: 19 hours ago
City, London
Hays Finance Technology
Rate: £600.00 - £700.00 per annum
Posted: 22 hours ago
City, London
ComputAppoint
Rate: £450 - £500 per day
Posted: Yesterday
City, London
TEKsystems
Rate: £600 - £700 per day
Posted: Yesterday
City of London
Huxley Banking & Financial Services
Rate: £600 - £675 per day + competitive
Posted: 23 days ago