The first table below looks at the demand for Low Latency skills in IT contracts advertised for the 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 18 April 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 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
18 Apr 2014
Same period 2013 Same period 2012
Low Latency
Rank 203 137 131
Rank change year-on-year
-66 -6
Contract jobs citing Low Latency 247 323 405
As % of all contract IT jobs located in London 1.02% 1.50% 1.45%
As % of the Processes & Methodologies category 1.33% 1.97% 1.97%
Number of daily rates quoted 222 263 319
Average daily rate £625 £525 £600
Average daily rate % change year-on-year
+19.04% -12.50%
90% offered a daily rate of more than £460 £475 £475
10% offered a daily rate of more than £733 £650 £700
UK excluding London average daily rate £275 £350 £450
% change year-on-year
-21.42% -22.22%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Processes & Methodologies Category
London
Contract IT job ads with a match in the
Processes & Methodologies category
18535 16423 20573
As % of all contract IT jobs located in London 76.61% 76.02% 73.42%
Number of daily rates quoted 13086 11421 13439
Average daily rate £430 £450 £450
Average daily rate % change year-on-year
-4.44% -
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £360 £370
% change year-on-year
+4.16% -2.70%
Number of hourly rates quoted 234 222 328
Average hourly rate £24.00 £30.00 £29.50
Average hourly rate % change year-on-year
-20.00% +1.69%
90% offered a hourly rate of more than £13.50 £15.00 £15.00
10% offered a hourly rate of more than £50.00 £135.00 £45.00
UK excluding London average hourly rate £30.00 £32.00 £27.50
% change year-on-year
-6.25% +16.36%
Low Latency
England

Low Latency
Jobs Demand Trend in London

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

Low Latency Jobs Demand Trend in London

Low Latency
Daily Rate Trend in London

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

Low Latency Daily Rate Trend in London

Low Latency
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Low Latency across the London region over the 3 months to 18 April 2014.

Low Latency Daily Rate Histogram in London

Low Latency
Hourly Rate Trend in London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Low Latency across the London region.

Low Latency Hourly Rate Trend in London

Low Latency
Contract Job Locations in London

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Low Latency within the London region over the 3 months to 18 April 2014. 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
(Click each for more statistics)
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
Find
Job
Vacancies
City of London -22 83 £650 +23.80% 54
Canary Wharf +15 4 £1,000 +53.84%
Docklands, London -5 4 £650 +36.84%
Low Latency
England

Low Latency
Top 30 Related IT Skills in London

For the 6 months to 18 April 2014, IT contractor jobs across the 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.

1 275 (58.76%) Java
2 216 (46.15%) Foreign Exchange (FX)
3 211 (45.09%) Front Office
4 200 (42.74%) Multithreading
5 171 (36.54%) Banking
6 168 (35.90%) SQL
7 148 (31.62%) Linux
8 134 (28.63%) UNIX
9 108 (23.08%) C++
10 106 (22.65%) Investment Banking
11 104 (22.22%) Finance
12 95 (20.30%) Electronic Trading
13 94 (20.09%) C#
14 91 (19.44%) Fixed Income
15 84 (17.95%) TIBCO
16 83 (17.74%) Risk Management
17 76 (16.24%) Oracle
18 75 (16.03%) Perl
19 69 (14.74%) Rendezvous
20 66 (14.10%) E-Commerce
21 64 (13.68%) 29West
22 63 (13.46%) Equities
23 57 (12.18%) Python
24 53 (11.32%) Windows
25 52 (11.11%) TDD
25 52 (11.11%) OO
26 51 (10.90%) .NET
27 49 (10.47%) FIX Protocol
28 48 (10.26%) Derivative
28 48 (10.26%) Computer Science

Low Latency
Top Related IT Skills in London by Category

For the 6 months to 18 April 2014, IT contractor jobs across the 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 22 (4.70%) Oracle Coherence
2 14 (2.99%) TIBCO EMS
3 8 (1.71%) WebSphere
4 7 (1.50%) Apache
5 6 (1.28%) Confluence
5 6 (1.28%) WebSphere Application Server
6 4 (0.85%) Node.js
6 4 (0.85%) WebSphere Process Server
7 3 (0.64%) WebLogic
7 3 (0.64%) Tomcat
8 2 (0.43%) SAS
8 2 (0.43%) SharePoint
9 1 (0.21%) IIS
9 1 (0.21%) MQSeries
9 1 (0.21%) Apache ServiceMix
9 1 (0.21%) Mule
Applications
1 9 (1.92%) MS Office
2 5 (1.07%) MS Excel
3 2 (0.43%) Photoshop
3 2 (0.43%) Adobe Illustrator
Business Applications
1 35 (7.48%) RMDS
2 19 (4.06%) ION MarketView
3 2 (0.43%) Dynamics CRM
3 2 (0.43%) Dynamics AX
4 1 (0.21%) Summit
Cloud Services
1 4 (0.85%) Amazon AWS
2 2 (0.43%) GitHub
3 1 (0.21%) Amazon ELB
3 1 (0.21%) Amazon EC2
3 1 (0.21%) Amazon S3
Communications & Networking
1 44 (9.40%) Firewall
2 42 (8.97%) Multicast
3 29 (6.20%) TCP/IP
4 16 (3.42%) OSPF
5 13 (2.78%) WAN
6 12 (2.56%) BGP
7 11 (2.35%) LAN
7 11 (2.35%) EIGRP
8 9 (1.92%) RIP
9 8 (1.71%) VoIP
9 8 (1.71%) DMZ
9 8 (1.71%) Internet
10 7 (1.50%) IP Telephony
10 7 (1.50%) DWDM
10 7 (1.50%) SDH
10 7 (1.50%) Network Security
11 6 (1.28%) SSL
11 6 (1.28%) MPLS
12 5 (1.07%) IPsec
12 5 (1.07%) HSRP
Database & Business Intelligence
1 30 (6.41%) KDB
2 25 (5.34%) SQL Server
3 14 (2.99%) Relational Database
4 13 (2.78%) DB2
5 11 (2.35%) MySQL
6 5 (1.07%) RDBMS
6 5 (1.07%) Big Data
7 4 (0.85%) Hadoop
7 4 (0.85%) Oracle Database
7 4 (0.85%) Data Warehouse
8 3 (0.64%) SQL Server 2008
8 3 (0.64%) Sybase ASE
9 2 (0.43%) NoSQL
9 2 (0.43%) DataStage
9 2 (0.43%) Oracle Reports
10 1 (0.21%) Essbase
10 1 (0.21%) PostgreSQL
10 1 (0.21%) OLAP
10 1 (0.21%) SQL Server 2012
10 1 (0.21%) Voldemort
Development Applications
1 20 (4.27%) Maven
2 19 (4.06%) JIRA
3 14 (2.99%) Subversion
4 9 (1.92%) JUnit
4 9 (1.92%) Mockito
5 8 (1.71%) Jenkins
5 8 (1.71%) TeamCity
6 7 (1.50%) Eclipse
7 5 (1.07%) Grunt
7 5 (1.07%) Bower
7 5 (1.07%) Hudson
7 5 (1.07%) WebDriver
7 5 (1.07%) Git (software)
8 4 (0.85%) Selenium
8 4 (0.85%) Cucumber
8 4 (0.85%) VSS/SourceSafe
9 3 (0.64%) Ant
10 2 (0.43%) ReSharper
10 2 (0.43%) ANTLR
10 2 (0.43%) VTune
General
1 211 (45.09%) Front Office
2 171 (36.54%) Banking
3 106 (22.65%) Investment Banking
4 104 (22.22%) Finance
5 9 (1.92%) Games
5 9 (1.92%) Marketing
6 8 (1.71%) Telecoms
7 7 (1.50%) Multimedia
7 7 (1.50%) Financial Institution
7 7 (1.50%) Back Office
8 3 (0.64%) Billing
8 3 (0.64%) Retail
9 2 (0.43%) Private Banking
10 1 (0.21%) Legal
10 1 (0.21%) Spanish Language
10 1 (0.21%) Retail Banking
Job Titles
1 288 (61.54%) Developer
2 174 (37.18%) Java Developer
3 53 (11.32%) Senior Developer
4 51 (10.90%) C++ Developer
5 34 (7.26%) C# Developer
6 29 (6.20%) Analyst
7 27 (5.77%) Senior Java Developer
7 27 (5.77%) Support Engineer
8 21 (4.49%) Applications Support
9 20 (4.27%) Development Manager
10 19 (4.06%) Senior C++ Developer
11 18 (3.85%) Linux Support
12 14 (2.99%) Applications Support Engineer
13 13 (2.78%) Network Engineer
14 12 (2.56%) Linux Engineer
14 12 (2.56%) Linux Support Engineer
14 12 (2.56%) WPF Developer
14 12 (2.56%) Architect
15 11 (2.35%) Support Analyst
16 10 (2.14%) C# .NET Developer
Libraries, Frameworks & Software Standards
1 69 (14.74%) Rendezvous
2 51 (10.90%) .NET
3 49 (10.47%) FIX Protocol
4 43 (9.19%) Middleware
4 43 (9.19%) Spring
5 31 (6.62%) WPF
6 28 (5.98%) JMS
7 23 (4.91%) XML
8 21 (4.49%) J2EE
9 19 (4.06%) HTML
10 18 (3.85%) Swing
10 18 (3.85%) WinForms
11 17 (3.63%) Hibernate
12 14 (2.99%) WCF
13 13 (2.78%) CSS
13 13 (2.78%) Web Services
14 11 (2.35%) HTML5
14 11 (2.35%) RabbitMQ
15 10 (2.14%) Boost C++ Libraries
16 9 (1.92%) LAMP
Miscellaneous
1 216 (46.15%) Foreign Exchange (FX)
2 91 (19.44%) Fixed Income
3 63 (13.46%) Equities
4 48 (10.26%) Derivative
4 48 (10.26%) Computer Science
5 26 (5.56%) Mathematics
6 14 (2.99%) Physics
7 11 (2.35%) Market Risk
8 10 (2.14%) Open Source
9 8 (1.71%) Enterprise Software
10 7 (1.50%) Interest Rate Derivative
11 6 (1.28%) Equity Derivative
11 6 (1.28%) Online Games
11 6 (1.28%) Hedge funds
11 6 (1.28%) Mobile App
11 6 (1.28%) Client/Server
12 5 (1.07%) Ergonomics
12 5 (1.07%) DataPower
13 4 (0.85%) e-Health
13 4 (0.85%) SecurID
Operating Systems
1 148 (31.62%) Linux
2 134 (28.63%) UNIX
3 53 (11.32%) Windows
4 43 (9.19%) Solaris
5 35 (7.48%) Red Hat Enterprise Linux
6 2 (0.43%) CentOS
7 1 (0.21%) AIX
7 1 (0.21%) Windows XP
7 1 (0.21%) Windows Server 2003
7 1 (0.21%) Oracle Linux
Processes & Methodologies
1 200 (42.74%) Multithreading
2 95 (20.30%) Electronic Trading
3 83 (17.74%) Risk Management
4 66 (14.10%) E-Commerce
5 52 (11.11%) TDD
5 52 (11.11%) OO
6 48 (10.26%) Algorithmic Trading
7 39 (8.33%) Agile Software Development
8 38 (8.12%) Project Management
9 37 (7.91%) Change Management
10 36 (7.69%) Ultra-Low Latency
11 33 (7.05%) Capacity Management
12 27 (5.77%) Analytics
13 26 (5.56%) UML
14 23 (4.91%) Data Modelling
15 22 (4.70%) Software Engineering
16 21 (4.49%) Scrum
17 19 (4.06%) Continuous Improvement
18 15 (3.21%) Continuous Integration
19 14 (2.99%) Memory Management
Programming Languages
1 275 (58.76%) Java
2 168 (35.90%) SQL
3 108 (23.08%) C++
4 94 (20.09%) C#
5 75 (16.03%) Perl
6 57 (12.18%) Python
7 32 (6.84%) C
8 18 (3.85%) JavaScript
9 15 (3.21%) Shell Script
10 14 (2.99%) VB
11 13 (2.78%) Bash Shell
11 13 (2.78%) Scala
12 8 (1.71%) PHP
13 6 (1.28%) VBA
14 3 (0.64%) PL/SQL
14 3 (0.64%) Ruby
15 2 (0.43%) Groovy
15 2 (0.43%) Lua
15 2 (0.43%) T-SQL
16 1 (0.21%) VB.NET
Qualifications
1 39 (8.33%) Degree
2 21 (4.49%) Cisco Certification
3 12 (2.56%) CCNP
4 8 (1.71%) Security Cleared
4 8 (1.71%) CCNA
5 7 (1.50%) SC Cleared
6 6 (1.28%) JNCIA
7 4 (0.85%) CCDP
8 3 (0.64%) CCIP
8 3 (0.64%) JNCIP
9 2 (0.43%) CCIE
10 1 (0.21%) RHCE
10 1 (0.21%) PMP
10 1 (0.21%) PMI Certification
10 1 (0.21%) ISTQB
Quality Assurance & Compliance
1 13 (2.78%) QA
2 2 (0.43%) PCI DSS
System Software
1 4 (0.85%) vCloud
2 1 (0.21%) Oracle RAC
Systems Management
1 7 (1.50%) CiscoWorks
2 6 (1.28%) HP Quality Center
2 6 (1.28%) CA Spectrum
3 5 (1.07%) Puppet
4 3 (0.64%) Opscode Chef
5 2 (0.43%) Cacti
5 2 (0.43%) Ansible
5 2 (0.43%) OpenView
5 2 (0.43%) Nagios
6 1 (0.21%) MOM
6 1 (0.21%) Netcool
6 1 (0.21%) ITRS Geneos
Vendors
1 84 (17.95%) TIBCO
2 76 (16.24%) Oracle
3 64 (13.68%) 29West
4 42 (8.97%) Sybase
5 38 (8.12%) Reuters
6 34 (7.26%) Red Hat
7 29 (6.20%) MarketAxess
7 29 (6.20%) eSpeed
8 28 (5.98%) ION Trading
9 16 (3.42%) Cisco
10 15 (3.21%) Microsoft
11 13 (2.78%) Juniper
12 8 (1.71%) Adobe
13 7 (1.50%) CheckPoint
13 7 (1.50%) Huawei
14 6 (1.28%) Bloomberg
14 6 (1.28%) HP
14 6 (1.28%) CA
14 6 (1.28%) Telcordia
15 5 (1.07%) Infragistics
London
McGregor Boyall
Rate: £650 - £750 per annum
Posted: Yesterday
London
McGregor Boyall
Rate: £600 - £800 per annum
Posted: Yesterday
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Rate: £550 - £650 per day
Posted: Yesterday
City, London
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Rate: £600 - £700 per day
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Posted: Yesterday
City of London
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Rate: £500 - £600 per day
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London
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Rate: £600 - £650 per day
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Maclean Moore Consulting
Rate: From £200 to £400 per day
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Rate: £550 - £650 per day
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Rate: £750 - £1000 per day
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Rate: £400 - £500 per day
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East London
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Rate: £600 - £700 per day
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City of London
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Rate: £600 - £700 per day
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Huxley Associates
Rate: £600 - £700 per day
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Rate: £520 - £580 per annum
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City of London
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Rate: £700 - £701 per day
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Rate: £400 - £450 per day
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