The table below looks at the statistics 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 31 July 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
31 Jul 2015
Same period 2014 Same period 2013
Low Latency
Rank 185 157 128
Rank change year-on-year
-28 -29
Contract jobs citing Low Latency 282 357 417
As % of all contract IT jobs located in London 1.20% 1.52% 1.72%
As % of the Processes & Methodologies category 1.52% 1.92% 2.19%
Number of daily rates quoted 237 297 302
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£625 £600 £550
Average daily rate % change year-on-year
+4.16% +9.09%
90% offered a daily rate of more than £450 £444 £450
10% offered a daily rate of more than £750 £700 £675
UK excluding London average daily rate £475 £370 £375
% change year-on-year
+28.37% -1.33%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £40.00 £40.00
Low Latency
England

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

Processes & Methodologies Category
London
Contract IT job ads with a match in the
Processes & Methodologies category
18590 18554 19032
As % of all contract IT jobs located in London 79.19% 78.90% 78.50%
Number of daily rates quoted 13248 12960 13184
Average daily rate £450 £445 £450
Average daily rate % change year-on-year
+1.12% -1.11%
90% offered a daily rate of more than £313 £300 £300
10% offered a daily rate of more than £625 £600 £600
UK excluding London average daily rate £388 £375 £375
% change year-on-year
+3.33% -
Number of hourly rates quoted 224 225 260
Average hourly rate £22.00 £20.50 £27.99
Average hourly rate % change year-on-year
+7.31% -26.74%
90% offered a hourly rate of more than £13.00 £14.00 £15.00
10% offered a hourly rate of more than £66.00 £53.50 £51.36
UK excluding London average hourly rate £30.50 £26.50 £31.00
% change year-on-year
+15.09% -14.51%

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 31 July 2015.

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 31 July 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
City of London -36 92 £631 +1.00% 47
Canary Wharf - 5 £475 -
Hammersmith - 1 - -
Low Latency
England

Low Latency
Top 30 Related IT Skills in London

For the 6 months to 31 July 2015, 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.

1 329 (54.56%) Multithreading
2 311 (51.58%) Java
3 294 (48.76%) Foreign Exchange (FX)
4 277 (45.94%) Front Office
5 188 (31.18%) C++
6 184 (30.51%) Linux
7 176 (29.19%) Finance
8 167 (27.69%) Banking
9 144 (23.88%) C#
10 125 (20.73%) Agile Software Development
11 123 (20.40%) UNIX
11 123 (20.40%) FIX Protocol
12 117 (19.40%) Equities
13 115 (19.07%) Algorithmic Trading
14 114 (18.91%) SQL
15 88 (14.59%) Electronic Trading
16 87 (14.43%) Investment Banking
17 82 (13.60%) TDD
18 75 (12.44%) Python
19 70 (11.61%) OO
20 62 (10.28%) Perl
21 60 (9.95%) Fixed Income
22 59 (9.78%) Computer Science
23 56 (9.29%) Degree
23 56 (9.29%) Risk Management
24 55 (9.12%) Analytical Skills
25 54 (8.96%) E-Commerce
26 52 (8.62%) Middleware
27 49 (8.13%) Relational Database
28 48 (7.96%) Algorithms

Low Latency
Top Related IT Skills in London by Category

For the 6 months to 31 July 2015, 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 14 (2.32%) Oracle Coherence
2 9 (1.49%) MTS
3 8 (1.33%) OpenStack
4 7 (1.16%) Node.js
4 7 (1.16%) SharePoint
5 4 (0.66%) WebSphere
6 3 (0.50%) Apache ServiceMix
6 3 (0.50%) JBoss
7 2 (0.33%) Apache
7 2 (0.33%) Confluence
8 1 (0.17%) Sitecore CMS
8 1 (0.17%) Apache Spark
8 1 (0.17%) Tomcat
8 1 (0.17%) ColdFusion
8 1 (0.17%) CMS
8 1 (0.17%) Oracle Workflow
Applications
1 12 (1.99%) MS Excel
2 1 (0.17%) Spreadsheet
2 1 (0.17%) MS Project
Business Applications
1 23 (3.81%) ION MarketView
2 12 (1.99%) RMDS
3 2 (0.33%) Dynamics CRM
4 1 (0.17%) Misys Opics
4 1 (0.17%) Finacle
4 1 (0.17%) MetaTrader
Cloud Services
1 9 (1.49%) Amazon AWS
2 7 (1.16%) GitHub
3 4 (0.66%) IaaS
3 4 (0.66%) SaaS
3 4 (0.66%) PaaS
4 3 (0.50%) AWS CloudFormation
5 2 (0.33%) Amazon EC2
5 2 (0.33%) Amazon ElastiCache
Communications & Networking
1 30 (4.98%) Multicast
2 29 (4.81%) TCP/IP
3 20 (3.32%) Firewall
4 15 (2.49%) BGP
5 12 (1.99%) OSPF
5 12 (1.99%) WAN
6 11 (1.82%) LAN
6 11 (1.82%) HSRP
7 9 (1.49%) MPLS
7 9 (1.49%) IPsec
8 8 (1.33%) EIGRP
9 7 (1.16%) Spanning Tree
9 7 (1.16%) Cisco Nexus
10 6 (1.00%) NetScaler
10 6 (1.00%) NAS
10 6 (1.00%) VRRP
10 6 (1.00%) SAN
11 5 (0.83%) RIP
11 5 (0.83%) Wireless
11 5 (0.83%) WLAN
Database & Business Intelligence
1 49 (8.13%) Relational Database
2 38 (6.30%) SQL Server
3 36 (5.97%) KDB
4 12 (1.99%) SQL Server Integration Services
5 10 (1.66%) OLAP
5 10 (1.66%) Big Data
6 8 (1.33%) SQL Server Reporting Services
7 7 (1.16%) RDBMS
7 7 (1.16%) Oracle Database
8 6 (1.00%) SQL Server 2012
8 6 (1.00%) NoSQL
9 5 (0.83%) SQL Server 2008
9 5 (0.83%) DB2
10 4 (0.66%) Data Warehouse
10 4 (0.66%) MySQL
10 4 (0.66%) MongoDB
10 4 (0.66%) Hazelcast
11 3 (0.50%) SQL Server Analysis Services
11 3 (0.50%) Hadoop
12 2 (0.33%) Oracle Database 11g
Development Applications
1 32 (5.31%) Maven
2 24 (3.98%) Eclipse
2 24 (3.98%) Jenkins
3 16 (2.65%) Subversion
4 14 (2.32%) JUnit
5 13 (2.16%) Hudson
6 11 (1.82%) NUnit
7 10 (1.66%) JIRA
8 9 (1.49%) JMeter
9 8 (1.33%) Moq
10 7 (1.16%) CruiseControl
10 7 (1.16%) IntelliJ
10 7 (1.16%) LoadRunner
10 7 (1.16%) Build Forge
11 6 (1.00%) Ant
12 5 (0.83%) TeamCity
12 5 (0.83%) Git (software)
13 4 (0.66%) Grunt
13 4 (0.66%) JConsole
13 4 (0.66%) VisualVM
General
1 277 (45.94%) Front Office
2 176 (29.19%) Finance
3 167 (27.69%) Banking
4 87 (14.43%) Investment Banking
5 13 (2.16%) Financial Institution
6 10 (1.66%) Games
7 4 (0.66%) Advertising
7 4 (0.66%) Retail
8 3 (0.50%) Multimedia
8 3 (0.50%) Telecoms
9 2 (0.33%) Legal
9 2 (0.33%) Marketing
10 1 (0.17%) German Language
10 1 (0.17%) Retail Banking
10 1 (0.17%) Corporate Banking
Job Titles
1 446 (73.96%) Developer
2 231 (38.31%) Java Developer
3 121 (20.07%) C++ Developer
4 87 (14.43%) Senior Developer
5 60 (9.95%) C# Developer
6 45 (7.46%) Senior Java Developer
7 38 (6.30%) Analyst
8 25 (4.15%) C++/C# Developer
9 19 (3.15%) Network Engineer
10 15 (2.49%) Applications Support
11 14 (2.32%) Senior C# Developer
12 13 (2.16%) Support Analyst
12 13 (2.16%) Project Manager
13 12 (1.99%) Senior C++ Developer
14 11 (1.82%) Front Office Developer
14 11 (1.82%) Scala Developer
14 11 (1.82%) Core Java Developer
15 10 (1.66%) Architect
15 10 (1.66%) WPF Developer
16 9 (1.49%) Lead Developer
Libraries, Frameworks & Software Standards
1 123 (20.40%) FIX Protocol
2 52 (8.62%) Middleware
3 47 (7.79%) Spring
4 37 (6.14%) Boost C++ Libraries
5 32 (5.31%) .NET
5 32 (5.31%) STL
6 31 (5.14%) WPF
7 25 (4.15%) XML
8 21 (3.48%) HTML
9 18 (2.99%) Web Services
9 18 (2.99%) Rendezvous
9 18 (2.99%) HTML5
9 18 (2.99%) REST
10 17 (2.82%) Ultra Messaging
10 17 (2.82%) JMS
10 17 (2.82%) TIBCO EMS
11 15 (2.49%) WinForms
11 15 (2.49%) J2SE
12 11 (1.82%) XSLT
12 11 (1.82%) J2EE
Miscellaneous
1 294 (48.76%) Foreign Exchange (FX)
2 117 (19.40%) Equities
3 60 (9.95%) Fixed Income
4 59 (9.78%) Computer Science
5 55 (9.12%) Analytical Skills
6 48 (7.96%) Algorithms
7 41 (6.80%) Derivative
8 20 (3.32%) Data Structures
9 17 (2.82%) Mathematics
10 14 (2.32%) Data Centre
11 13 (2.16%) N-Tier
12 12 (1.99%) Replication
13 10 (1.66%) Physics
13 10 (1.66%) Hedge funds
13 10 (1.66%) Equity Derivative
13 10 (1.66%) Eurex
14 8 (1.33%) Credit Derivative
15 7 (1.16%) Management Information System
15 7 (1.16%) Inversion of Control
15 7 (1.16%) Market Risk
Operating Systems
1 184 (30.51%) Linux
2 123 (20.40%) UNIX
3 43 (7.13%) Windows
4 20 (3.32%) Red Hat Enterprise Linux
5 14 (2.32%) Solaris
6 3 (0.50%) Oracle Linux
6 3 (0.50%) SUSE Linux Enterprise Server
6 3 (0.50%) AIX
6 3 (0.50%) SUSE
7 1 (0.17%) Android
Processes & Methodologies
1 329 (54.56%) Multithreading
2 125 (20.73%) Agile Software Development
3 115 (19.07%) Algorithmic Trading
4 88 (14.59%) Electronic Trading
5 82 (13.60%) TDD
6 70 (11.61%) OO
7 56 (9.29%) Risk Management
8 54 (8.96%) E-Commerce
9 46 (7.63%) Continuous Integration
10 35 (5.80%) Performance Tuning
11 34 (5.64%) Market Making
11 34 (5.64%) Software Engineering
12 31 (5.14%) Project Management
12 31 (5.14%) Ultra-Low Latency
13 28 (4.64%) Scrum
14 24 (3.98%) Garbage Collection
15 21 (3.48%) Open Source
16 20 (3.32%) Concurrent Programming
17 19 (3.15%) FX Algorithmic Trading
18 18 (2.99%) BDD
Programming Languages
1 311 (51.58%) Java
2 188 (31.18%) C++
3 144 (23.88%) C#
4 114 (18.91%) SQL
5 75 (12.44%) Python
6 62 (10.28%) Perl
7 26 (4.31%) Shell Script
8 18 (2.99%) Bash Shell
8 18 (2.99%) JavaScript
9 14 (2.32%) C
9 14 (2.32%) Scala
10 10 (1.66%) Ruby
10 10 (1.66%) PL/SQL
11 8 (1.33%) VBScript
12 6 (1.00%) T-SQL
12 6 (1.00%) PowerShell
13 5 (0.83%) Korn
14 4 (0.66%) VBA
15 3 (0.50%) Assembly Language
16 2 (0.33%) XQuery
Qualifications
1 56 (9.29%) Degree
2 18 (2.99%) Cisco Certification
3 14 (2.32%) CCIE
4 8 (1.33%) CCNP
5 7 (1.16%) PhD
6 5 (0.83%) PRINCE2 Certification
7 3 (0.50%) CCNA
8 2 (0.33%) CCSE
8 2 (0.33%) PRINCE2 Practitioner
9 1 (0.17%) ISEB Practitioner
9 1 (0.17%) ITIL Certification
9 1 (0.17%) ISEB
Quality Assurance & Compliance
1 5 (0.83%) QA
2 2 (0.33%) ISO 9001
System Software
1 20 (3.32%) VMware Infrastructure
2 9 (1.49%) Veritas Cluster Server
3 6 (1.00%) VMware ESXi
3 6 (1.00%) Hyper-V
3 6 (1.00%) XenApp
3 6 (1.00%) XenDesktop
4 3 (0.50%) Docker
5 2 (0.33%) Snort
6 1 (0.17%) VMware ESX
6 1 (0.17%) KVM
Systems Management
1 13 (2.16%) Puppet
2 10 (1.66%) Opscode Chef
3 8 (1.33%) ITRS Geneos
4 6 (1.00%) SCCM
4 6 (1.00%) SCOM
4 6 (1.00%) SCVMM
5 3 (0.50%) HP Operations Orchestration
5 3 (0.50%) HP SIM
5 3 (0.50%) EdgeSight
6 2 (0.33%) Ansible
6 2 (0.33%) CA Spectrum
6 2 (0.33%) Vagrant
6 2 (0.33%) CiscoWorks
6 2 (0.33%) MOM
6 2 (0.33%) Mesos
7 1 (0.17%) StatsD
7 1 (0.17%) Kibana
7 1 (0.17%) Oracle ZFS
Vendors
1 46 (7.63%) Oracle
2 43 (7.13%) TIBCO
3 30 (4.98%) Microsoft
4 27 (4.48%) Sybase
4 27 (4.48%) ION Trading
5 21 (3.48%) VMware
6 20 (3.32%) Red Hat
7 19 (3.15%) Cisco
8 17 (2.82%) eSpeed
9 15 (2.49%) Bloomberg
10 14 (2.32%) Reuters
11 13 (2.16%) Juniper
12 12 (1.99%) Currenex
13 10 (1.66%) Tradeweb
13 10 (1.66%) HP
14 9 (1.49%) IBM
14 9 (1.49%) Veritas
14 9 (1.49%) MarketAxess
14 9 (1.49%) Solace
15 8 (1.33%) Dell
London
Hays Finance Technology
Rate: £500.00 - £600.00 per day
Posted: Yesterday
London
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Rate: £600.00 - £700.00 per day
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Rate: £500 - £650 per day +
Posted: 2 days ago
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Rate: £650 - £750 per day
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Rate: £350 - £400 per day
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Rate: £600 - £800 per annum + competitive
Posted: 18 days ago
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Rate: £600 - £750 per day + competitive
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