The table below looks at the statistics for Low Latency skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Low Latency over the 3 months to 2 October 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
2 Oct 2014
Same period 2013 Same period 2012
Low Latency
Rank 290 240 295
Rank change year-on-year
-50 +55
Contract jobs citing Low Latency 395 424 342
As % of all contract IT jobs located in the UK 0.68% 0.82% 0.61%
As % of the Processes & Methodologies category 0.92% 1.10% 0.84%
Number of daily rates quoted 309 344 265
Average daily rate
Keep up to 90%
of your Daily Rate
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£600 £550 £550
Average daily rate % change year-on-year
+9.09% -
90% offered a daily rate of more than £465 £375 £375
10% offered a daily rate of more than £700 £700 £650
UK excluding London average daily rate £375 £375 £338
% change year-on-year
- +11.11%
Number of hourly rates quoted 1 0 0
Average hourly rate £40.00 - -
UK excluding London average hourly rate - - -

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

Processes & Methodologies Category
UK
Contract IT job ads with a match in the
Processes & Methodologies category
42787 38469 40705
As % of all contract IT jobs located in the UK 73.71% 74.00% 72.05%
Number of daily rates quoted 26972 23861 23648
Average daily rate £413 £400 £400
Average daily rate % change year-on-year
+3.12% -
90% offered a daily rate of more than £275 £270 £270
10% offered a daily rate of more than £575 £575 £575
UK excluding London average daily rate £375 £365 £363
% change year-on-year
+2.73% +0.68%
Number of hourly rates quoted 1173 1069 1523
Average hourly rate £24.00 £27.50 £30.00
Average hourly rate % change year-on-year
-12.72% -8.33%
90% offered a hourly rate of more than £12.50 £12.50 £12.50
10% offered a hourly rate of more than £50.00 £46.00 £45.00
UK excluding London average hourly rate £26.38 £30.00 £29.00
% change year-on-year
-12.08% +3.44%

Low Latency
Jobs Demand Trend

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

Low Latency Jobs Demand Trend in the UK

Low Latency
Daily Rate Trend

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

Low Latency Daily Rate Trend in the UK

Low Latency
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Low Latency within the UK over the 3 months to 2 October 2014.

Low Latency Daily Rate Histogram in the UK

Low Latency
Hourly Rate Trend

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

Low Latency Hourly Rate Trend in the UK

Low Latency
Top 30 Contract Locations

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 UK over the 3 months to 2 October 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
(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
England -40 386 £613 +11.36% 92
London -4 367 £613 +6.52% 79
City of London +21 118 £650 +11.11% 41
West Midlands - 12 £370 - 3
Birmingham - 6 £350 -
County Antrim -6 4 £375 +40.18%
Belfast -6 4 £375 +40.18%
Northern Ireland -9 4 £375 +40.18%
South East -14 4 £500 -6.97% 5
Glasgow -13 3 - - 1
Scotland -22 3 - - 1
Docklands, London +15 2 £555 +0.18%
Surrey -8 2 £500 - 1
East of England -23 2 £370 -40.80% 3
Reading +21 1 - - 2
Berkshire +5 1 - - 3
Yorkshire 0 1 - -
Cambridgeshire - 1 £370 -
Staffordshire - 1 - - 3
Cambridge - 1 £370 -
Edinburgh - - - -
Maidenhead - - - - 1
Oxford - - - -
Solihull - - - -
St Albans - - - - 2
Stoke-on-Trent - - - - 2
Welwyn Garden City - - - -
Guildford - - - -
Harrow - - - -
Ipswich - - - -

Low Latency
Top 30 Related IT Skills

For the 6 months to 2 October 2014, IT contractor jobs within the UK 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.

1 465 (59.62%) Java
2 385 (49.36%) Multithreading
3 367 (47.05%) Front Office
4 348 (44.62%) Foreign Exchange (FX)
5 309 (39.62%) Banking
6 228 (29.23%) SQL
7 224 (28.72%) UNIX
8 196 (25.13%) Finance
9 193 (24.74%) C++
10 190 (24.36%) Linux
11 168 (21.54%) Oracle
11 168 (21.54%) Investment Banking
12 167 (21.41%) Algorithmic Trading
13 153 (19.62%) C#
14 150 (19.23%) Agile Software Development
15 117 (15.00%) Fixed Income
16 107 (13.72%) E-Commerce
16 107 (13.72%) Electronic Trading
17 104 (13.33%) Spring
18 103 (13.21%) Perl
19 102 (13.08%) FIX Protocol
20 98 (12.56%) Analytical Skills
21 94 (12.05%) Python
22 92 (11.79%) Risk Management
23 81 (10.38%) TIBCO
24 74 (9.49%) Derivative
25 73 (9.36%) Equities
26 72 (9.23%) Performance Tuning
27 71 (9.10%) Relational Database
28 65 (8.33%) Windows

Low Latency
Top Related IT Skills by Category

For the 6 months to 2 October 2014, IT contractor jobs within the UK 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 47 (6.03%) Oracle Coherence
2 17 (2.18%) WebSphere
3 13 (1.67%) WebSphere Application Server
3 13 (1.67%) TIBCO EMS
3 13 (1.67%) Confluence
4 10 (1.28%) Apache
5 8 (1.03%) MQSeries
6 5 (0.64%) SharePoint
6 5 (0.64%) Tomcat
6 5 (0.64%) IIS
6 5 (0.64%) Jetty
6 5 (0.64%) GemFire
7 4 (0.51%) WebLogic
8 3 (0.38%) Node.js
9 2 (0.26%) Lightstreamer
10 1 (0.13%) Oracle Workflow
10 1 (0.13%) Mule
10 1 (0.13%) Apache ServiceMix
Applications
1 14 (1.79%) MS Excel
2 2 (0.26%) MS Visio
3 1 (0.13%) MS Office
Business Applications
1 33 (4.23%) RMDS
2 18 (2.31%) ION MarketView
Cloud Services
1 8 (1.03%) Cloud Computing
2 7 (0.90%) GitHub
3 2 (0.26%) Amazon AWS
4 1 (0.13%) Amazon EC2
4 1 (0.13%) Amazon S3
4 1 (0.13%) SaaS
4 1 (0.13%) Amazon ELB
Communications & Networking
1 60 (7.69%) TCP/IP
2 59 (7.56%) Multicast
3 55 (7.05%) Firewall
4 34 (4.36%) BGP
5 30 (3.85%) OSPF
6 29 (3.72%) WAN
7 27 (3.46%) LAN
8 14 (1.79%) Wireshark
8 14 (1.79%) VPN
9 13 (1.67%) Cisco Nexus
10 12 (1.54%) RIP
10 12 (1.54%) Wireless
10 12 (1.54%) EIGRP
11 10 (1.28%) Cisco IOS
11 10 (1.28%) DNS
12 9 (1.15%) Internet
12 9 (1.15%) VLAN
12 9 (1.15%) HSRP
13 8 (1.03%) tcpdump
13 8 (1.03%) Network Security
Database & Business Intelligence
1 71 (9.10%) Relational Database
2 42 (5.38%) KDB
3 32 (4.10%) Oracle Database
4 21 (2.69%) SQL Server
5 12 (1.54%) Hazelcast
6 10 (1.28%) SQL Server 2008
7 7 (0.90%) DB2
8 6 (0.77%) Apache Cassandra
8 6 (0.77%) NoSQL
8 6 (0.77%) Oracle Database 10g
8 6 (0.77%) MySQL
9 5 (0.64%) SQL Server 2012
10 4 (0.51%) Big Data
11 3 (0.38%) RDBMS
11 3 (0.38%) SQL Server 2005
11 3 (0.38%) Hadoop
11 3 (0.38%) CouchDB
12 2 (0.26%) OLAP
12 2 (0.26%) Data Warehouse
12 2 (0.26%) PostgreSQL
Development Applications
1 40 (5.13%) Maven
2 29 (3.72%) TeamCity
3 27 (3.46%) JIRA
3 27 (3.46%) JUnit
4 19 (2.44%) Mockito
4 19 (2.44%) Grunt
5 18 (2.31%) Subversion
5 18 (2.31%) WebDriver
5 18 (2.31%) Git (software)
6 15 (1.92%) Bower
7 13 (1.67%) CruiseControl
8 11 (1.41%) Jenkins
9 8 (1.03%) jMock
9 8 (1.03%) JMeter
10 6 (0.77%) Cucumber
10 6 (0.77%) Selenium
10 6 (0.77%) LoadRunner
11 5 (0.64%) Ant
11 5 (0.64%) EasyMock
12 4 (0.51%) TestNG
General
1 367 (47.05%) Front Office
2 309 (39.62%) Banking
3 196 (25.13%) Finance
4 168 (21.54%) Investment Banking
5 27 (3.46%) Financial Institution
6 17 (2.18%) Games
7 15 (1.92%) Back Office
8 12 (1.54%) Telecoms
9 5 (0.64%) Marketing
10 3 (0.38%) Spanish Language
11 2 (0.26%) Retail Banking
11 2 (0.26%) Retail
11 2 (0.26%) Billing
11 2 (0.26%) Legal
12 1 (0.13%) Law
12 1 (0.13%) Corporate Banking
12 1 (0.13%) International Banking
Job Titles
1 484 (62.05%) Developer
2 281 (36.03%) Java Developer
3 81 (10.38%) C++ Developer
4 76 (9.74%) Senior Developer
5 62 (7.95%) Analyst
6 58 (7.44%) Senior Java Developer
7 51 (6.54%) C# Developer
8 40 (5.13%) Applications Support
9 34 (4.36%) Support Analyst
10 31 (3.97%) Architect
11 30 (3.85%) Network Engineer
12 29 (3.72%) Support Engineer
13 22 (2.82%) Front Office Developer
14 19 (2.44%) Linux Support
15 18 (2.31%) Production Support Analyst
15 18 (2.31%) Consultant
16 16 (2.05%) Software Engineer
17 15 (1.92%) JavaScript Developer
18 14 (1.79%) Development Manager
19 11 (1.41%) Test Analyst
Libraries, Frameworks & Software Standards
1 104 (13.33%) Spring
2 102 (13.08%) FIX Protocol
3 57 (7.31%) Rendezvous
4 53 (6.79%) .NET
5 52 (6.67%) Middleware
6 42 (5.38%) HTML
6 42 (5.38%) Hibernate
7 38 (4.87%) HTML5
8 35 (4.49%) J2EE
8 35 (4.49%) JMS
8 35 (4.49%) WPF
9 33 (4.23%) Web Services
10 31 (3.97%) CSS
11 26 (3.33%) Apache Flex
12 25 (3.21%) XML
12 25 (3.21%) AngularJS
13 23 (2.95%) JDBC
14 20 (2.56%) REST
14 20 (2.56%) Boost C++ Libraries
14 20 (2.56%) STL
Miscellaneous
1 348 (44.62%) Foreign Exchange (FX)
2 117 (15.00%) Fixed Income
3 98 (12.56%) Analytical Skills
4 74 (9.49%) Derivative
5 73 (9.36%) Equities
6 47 (6.03%) Computer Science
7 44 (5.64%) Algorithms
8 32 (4.10%) Mathematics
9 28 (3.59%) User Experience
10 25 (3.21%) Market Risk
11 23 (2.95%) TWAP
11 23 (2.95%) VWAP
12 22 (2.82%) Data Structures
13 19 (2.44%) Open Source
14 18 (2.31%) Field-Programmable Gate Array
15 11 (1.41%) Hedge funds
16 9 (1.15%) Spread Betting
16 9 (1.15%) RIA
17 8 (1.03%) Interest Rate Derivative
17 8 (1.03%) Physics
Operating Systems
1 224 (28.72%) UNIX
2 190 (24.36%) Linux
3 65 (8.33%) Windows
4 37 (4.74%) Red Hat Enterprise Linux
5 27 (3.46%) Solaris
6 5 (0.64%) Windows XP
6 5 (0.64%) Windows Server 2003
6 5 (0.64%) Windows Server 2008
7 3 (0.38%) SUSE
8 2 (0.26%) AIX
Processes & Methodologies
1 385 (49.36%) Multithreading
2 167 (21.41%) Algorithmic Trading
3 150 (19.23%) Agile Software Development
4 107 (13.72%) E-Commerce
4 107 (13.72%) Electronic Trading
5 92 (11.79%) Risk Management
6 72 (9.23%) Performance Tuning
7 61 (7.82%) TDD
8 52 (6.67%) OO
8 52 (6.67%) Ultra-Low Latency
9 50 (6.41%) Continuous Integration
10 41 (5.26%) Software Engineering
11 28 (3.59%) Project Management
11 28 (3.59%) Unit Testing
12 27 (3.46%) Migration
13 26 (3.33%) Scrum
13 26 (3.33%) MVC
14 25 (3.21%) Change Management
15 23 (2.95%) Capacity Management
15 23 (2.95%) BDD
Programming Languages
1 465 (59.62%) Java
2 228 (29.23%) SQL
3 193 (24.74%) C++
4 153 (19.62%) C#
5 103 (13.21%) Perl
6 94 (12.05%) Python
7 46 (5.90%) JavaScript
8 43 (5.51%) Shell Script
9 30 (3.85%) C
9 30 (3.85%) Bash Shell
10 14 (1.79%) PL/SQL
11 12 (1.54%) Scala
12 9 (1.15%) Korn
13 7 (0.90%) VB.NET
14 6 (0.77%) Assembly Language
15 5 (0.64%) PowerShell
16 4 (0.51%) XAML
17 3 (0.38%) VB
17 3 (0.38%) Clojure
18 2 (0.26%) Haskell
Qualifications
1 46 (5.90%) Degree
2 32 (4.10%) Cisco Certification
3 17 (2.18%) CCNP
4 15 (1.92%) CCIE
5 6 (0.77%) SC Cleared
5 6 (0.77%) Security Cleared
5 6 (0.77%) CCNA
6 5 (0.64%) PhD
6 5 (0.64%) CCA
6 5 (0.64%) Citrix Certification
6 5 (0.64%) VMware Certified Professional (VCP)
6 5 (0.64%) CCSE
6 5 (0.64%) VCP4
6 5 (0.64%) VCP5
7 4 (0.51%) CCDP
8 3 (0.38%) CCSA
8 3 (0.38%) Check Point Certification
8 3 (0.38%) CCIP
8 3 (0.38%) JNCIP
9 1 (0.13%) Oracle Certification
Quality Assurance & Compliance
1 23 (2.95%) QA
2 2 (0.26%) ISO/IEC 27001
System Software
1 5 (0.64%) Active Directory
1 5 (0.64%) XenApp
2 2 (0.26%) HDFS
2 2 (0.26%) VMware Infrastructure
2 2 (0.26%) Snort
2 2 (0.26%) NFS
2 2 (0.26%) Firmware
3 1 (0.13%) VMware ESX
3 1 (0.13%) Squid
3 1 (0.13%) vCloud
Systems Management
1 24 (3.08%) ITRS Geneos
2 5 (0.64%) NetBackup
2 5 (0.64%) HP Quality Center
3 4 (0.51%) Ansible
3 4 (0.51%) Puppet
4 2 (0.26%) CA Spectrum
4 2 (0.26%) Nagios
4 2 (0.26%) Control-M
5 1 (0.13%) Salt
5 1 (0.13%) Opscode Chef
Vendors
1 168 (21.54%) Oracle
2 81 (10.38%) TIBCO
3 59 (7.56%) 29West
4 52 (6.67%) Sybase
5 45 (5.77%) Cisco
6 36 (4.62%) Red Hat
7 29 (3.72%) Reuters
8 28 (3.59%) Juniper
9 25 (3.21%) Adobe
10 23 (2.95%) MarketAxess
11 22 (2.82%) F5
12 21 (2.69%) eSpeed
12 21 (2.69%) Microsoft
12 21 (2.69%) ION Trading
13 14 (1.79%) CheckPoint
13 14 (1.79%) VMware
14 13 (1.67%) Informatica
15 12 (1.54%) HP
16 7 (0.90%) Blue Coat
17 6 (0.77%) Fidessa
City, London
McGregor Boyall
Rate: £600 - £700 per day
Posted: 15 hours ago
London
McGregor Boyall
Rate: £600 - £720 per day
Posted: 15 hours ago
London
Cyber Team
Rate: Unspecified Salary Negotiable
Posted: 23 hours ago
London
Streamline Connections
Rate: £450 - £550 per day
Posted: Yesterday
City, London
McGregor Boyall
Rate: £650 - £800 per day
Posted: Yesterday
City, London
E-synergy Solutions
Rate: £500 - £550 per day
Posted: Yesterday
City, London
Incisive Ltd
Rate: £0.00 per day
Posted: Yesterday
London
TEKsystems
Rate: £550 - £650 per day
Posted: Yesterday
City, London
TEKsystems
Rate: £600 - £625 per day
Posted: 2 days ago
London
Huxley Associates
Rate: competitive
Posted: 2 days ago
London
Hays Finance Technology
Rate: £650.00 - £750.00 per annum
Posted: 5 days ago
London
Hatstand Limited
Rate: £550 - £650 per day
Posted: 5 days ago
City, London
Harvey Nash plc
Rate: £575 - £675 per day
Posted: 6 days ago
City, London
Quant Capital
Rate: Up to £550 per day Equity Bonus, Home Work
Posted: 6 days ago
City, London
McGregor Boyall
Rate: £600 - £750 per day
Posted: 6 days ago
City, London
Montash
Rate: £550 - £750 per day
Posted: 6 days ago
East London
Randstad Technologies
Posted: 6 days ago
London
Huxley Associates
Rate: £550 - £650 per day
Posted: 8 days ago
London
Progressive Recruitment
Rate: £350 - £400 per day + competitive
Posted: 12 days ago
City of London
iKonnect
Rate: £550 - £650 per day
Posted: 12 days ago