The table below looks at the statistics for Ultra-Low Latency skills in IT contracts advertised for the England region. Included is a guide to the average contractor rates offered in IT contracts that have cited Ultra-Low Latency over the 3 months to 2 March 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
2 Mar 2015
Same period 2014 Same period 2013
Ultra-Low Latency
Rank 533 509 498
Rank change year-on-year
-24 -11
Contract jobs citing Ultra-Low Latency 36 30 21
As % of all contract IT jobs located in England 0.075% 0.064% 0.052%
As % of the Processes & Methodologies category 0.099% 0.086% 0.070%
Number of daily rates quoted 36 30 16
Average daily rate
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£650 £700 £663
Average daily rate % change year-on-year
-7.14% +5.66%
90% offered a daily rate of more than £625 £648 £480
10% offered a daily rate of more than £713 £855 £763
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Ultra-Low Latency
UK

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the England region.

Processes & Methodologies Category
England
Contract IT job ads with a match in the
Processes & Methodologies category
36373 35079 29900
As % of all contract IT jobs located in England 76.25% 75.39% 73.45%
Number of daily rates quoted 23249 21496 18158
Average daily rate £425 £409 £400
Average daily rate % change year-on-year
+4.03% +2.12%
90% offered a daily rate of more than £285 £275 £275
10% offered a daily rate of more than £575 £575 £575
UK excluding London average daily rate £399 £375 £363
% change year-on-year
+6.34% +3.44%
Number of hourly rates quoted 982 1094 1102
Average hourly rate £27.50 £27.50 £30.00
Average hourly rate % change year-on-year
- -8.33%
90% offered a hourly rate of more than £12.00 £12.31 £12.35
10% offered a hourly rate of more than £49.50 £47.50 £51.23
UK excluding London average hourly rate £29.00 £27.50 £31.50
% change year-on-year
+5.45% -12.69%

Ultra-Low Latency
Jobs Demand Trend in England

This chart provides a 3-month moving total of IT contractor jobs citing Ultra-Low Latency across the England region as a proportion of the total demand within the Processes & Methodologies category.

Ultra-Low Latency Jobs Demand Trend in England

Ultra-Low Latency
Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Ultra-Low Latency across the England region.

Ultra-Low Latency Daily Rate Trend in England

Ultra-Low Latency
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing Ultra-Low Latency across the England region over the 3 months to 2 March 2015.

Ultra-Low Latency Daily Rate Histogram in England

Ultra-Low Latency
Contract Job Locations in England

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Ultra-Low Latency within the England region over the 3 months to 2 March 2015. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +13 36 £650 -7.14% 12
North West - - - -
South West - - - -
Ultra-Low Latency
UK

Ultra-Low Latency
Top 30 Related IT Skills in England

For the 6 months to 2 March 2015, IT contractor jobs across the England region citing Ultra-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 Ultra-Low Latency.

1 69 (100.00%) Low Latency
2 60 (86.96%) Foreign Exchange (FX)
2 60 (86.96%) Front Office
3 56 (81.16%) Java
4 34 (49.28%) Multithreading
5 27 (39.13%) Banking
6 22 (31.88%) Investment Banking
7 21 (30.43%) Electronic Trading
8 18 (26.09%) C++
8 18 (26.09%) UNIX
9 16 (23.19%) E-Commerce
10 15 (21.74%) Migration
11 11 (15.94%) Finance
11 11 (15.94%) 29West
12 10 (14.49%) TIBCO EMS
12 10 (14.49%) JMS
12 10 (14.49%) TIBCO
12 10 (14.49%) Rendezvous
13 9 (13.04%) FIX Protocol
14 8 (11.59%) Linux
15 7 (10.14%) Algorithmic Trading
15 7 (10.14%) Algorithms
16 6 (8.70%) Derivative
16 6 (8.70%) Equities
17 5 (7.25%) C
18 4 (5.80%) STL
18 4 (5.80%) Credit Derivative
18 4 (5.80%) Boost C++ Libraries
19 3 (4.35%) Hedge funds
19 3 (4.35%) Mentoring

Ultra-Low Latency
Top Related IT Skills in England by Category

For the 6 months to 2 March 2015, IT contractor jobs across the England region citing Ultra-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 Ultra-Low Latency. Up to 20 skills are shown per category.

Application Platforms
1 10 (14.49%) TIBCO EMS
Applications
1 1 (1.45%) MS Visio
Business Applications
1 1 (1.45%) RMDS
Communications & Networking
1 2 (2.90%) OSPF
1 2 (2.90%) BGP
1 2 (2.90%) tcpdump
2 1 (1.45%) HSRP
2 1 (1.45%) Multicast
2 1 (1.45%) RIP
2 1 (1.45%) SNMP
2 1 (1.45%) TCP/IP
2 1 (1.45%) VPN
2 1 (1.45%) Internet
2 1 (1.45%) Extranet
2 1 (1.45%) MPLS
2 1 (1.45%) EIGRP
2 1 (1.45%) TACACS
2 1 (1.45%) VRRP
2 1 (1.45%) Firewall
2 1 (1.45%) IPsec
2 1 (1.45%) VPLS
2 1 (1.45%) Network Security
Database & Business Intelligence
1 1 (1.45%) KDB
General
1 60 (86.96%) Front Office
2 27 (39.13%) Banking
3 22 (31.88%) Investment Banking
4 11 (15.94%) Finance
5 2 (2.90%) Telecoms
5 2 (2.90%) Financial Institution
6 1 (1.45%) Legal
Job Titles
1 44 (63.77%) Developer
2 36 (52.17%) Java Developer
3 15 (21.74%) Architect
4 8 (11.59%) C++ Developer
5 4 (5.80%) Applications Architect
6 3 (4.35%) Senior Developer
7 2 (2.90%) Programmer
7 2 (2.90%) Support Engineer
7 2 (2.90%) Software Engineer
7 2 (2.90%) Senior Software Engineer
7 2 (2.90%) C++ Software Engineer
7 2 (2.90%) Senior Software Developer
7 2 (2.90%) C++ Programmer
7 2 (2.90%) C++ Software Developer
7 2 (2.90%) Senior C++ Developer
7 2 (2.90%) Senior Programmer
7 2 (2.90%) Senior C++ Programmer
7 2 (2.90%) Senior C++ Software Engineer
7 2 (2.90%) Software Programmer
7 2 (2.90%) Software Developer
Libraries, Frameworks & Software Standards
1 10 (14.49%) JMS
1 10 (14.49%) Rendezvous
2 9 (13.04%) FIX Protocol
3 4 (5.80%) Boost C++ Libraries
3 4 (5.80%) STL
4 2 (2.90%) Middleware
Miscellaneous
1 60 (86.96%) Foreign Exchange (FX)
2 7 (10.14%) Algorithms
3 6 (8.70%) Derivative
3 6 (8.70%) Equities
4 4 (5.80%) Credit Derivative
5 3 (4.35%) Hedge funds
6 2 (2.90%) Equity Derivative
6 2 (2.90%) Fixed Income
7 1 (1.45%) Clustering
Operating Systems
1 18 (26.09%) UNIX
2 8 (11.59%) Linux
3 2 (2.90%) Red Hat Enterprise Linux
3 2 (2.90%) Solaris
Processes & Methodologies
1 69 (100.00%) Low Latency
2 34 (49.28%) Multithreading
3 21 (30.43%) Electronic Trading
4 16 (23.19%) E-Commerce
5 15 (21.74%) Migration
6 7 (10.14%) Algorithmic Trading
7 3 (4.35%) Mentoring
8 2 (2.90%) Market Making
8 2 (2.90%) Performance Tuning
8 2 (2.90%) Investment Management
8 2 (2.90%) Capacity Planning
8 2 (2.90%) Risk Management
8 2 (2.90%) Software Engineering
9 1 (1.45%) Load Balancing
9 1 (1.45%) Risk Assessment
9 1 (1.45%) Agile Software Development
9 1 (1.45%) Change Management
Programming Languages
1 56 (81.16%) Java
2 18 (26.09%) C++
3 5 (7.25%) C
4 3 (4.35%) Perl
5 2 (2.90%) Shell Script
5 2 (2.90%) Bash Shell
6 1 (1.45%) SQL
6 1 (1.45%) Tcl
Qualifications
1 2 (2.90%) CCNP
1 2 (2.90%) CCNA
1 2 (2.90%) Cisco Certification
2 1 (1.45%) Check Point Certification
2 1 (1.45%) CCSE
2 1 (1.45%) SC Cleared
2 1 (1.45%) Security Cleared
2 1 (1.45%) CCIE
Quality Assurance & Compliance
1 1 (1.45%) ISO/IEC 27001
Vendors
1 11 (15.94%) 29West
2 10 (14.49%) TIBCO
3 2 (2.90%) Sybase
3 2 (2.90%) Cisco
3 2 (2.90%) Cognizant
3 2 (2.90%) Red Hat
4 1 (1.45%) CheckPoint
4 1 (1.45%) Juniper
4 1 (1.45%) Remedy
4 1 (1.45%) Blue Coat
4 1 (1.45%) Oracle
London
TEKsystems
Rate: £700 - £750 per annum
Posted: 3 days ago
London
TEKsystems
Rate: £500 - £600 per day
Posted: 6 days ago