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 September 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 Sep 2015
Same period 2014 Same period 2013
Low Latency
Rank 344 288 227
Rank change year-on-year
-56 -61
Contract jobs citing Low Latency 324 384 470
As % of all contract IT jobs located in the UK 0.55% 0.68% 0.88%
As % of the Processes & Methodologies category 0.70% 0.89% 1.17%
Number of daily rates quoted 254 298 351
Average daily rate
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£588 £600 £550
Average daily rate % change year-on-year
-2.08% +9.09%
90% offered a daily rate of more than £450 £425 £375
10% offered a daily rate of more than £750 £700 £700
UK excluding London average daily rate £475 £375 £375
% change year-on-year
+26.66% -
Number of hourly rates quoted 0 1 1
Average hourly rate - £40.00 £40.00
UK excluding London average hourly rate - - £40.00

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
46277 43014 40015
As % of all contract IT jobs located in the UK 78.09% 76.08% 74.93%
Number of daily rates quoted 30167 26709 24575
Average daily rate £425 £410 £400
Average daily rate % change year-on-year
+3.65% +2.50%
90% offered a daily rate of more than £289 £275 £275
10% offered a daily rate of more than £575 £575 £575
UK excluding London average daily rate £400 £375 £370
% change year-on-year
+6.66% +1.35%
Number of hourly rates quoted 1257 1173 1116
Average hourly rate £31.44 £25.00 £29.50
Average hourly rate % change year-on-year
+25.76% -15.25%
90% offered a hourly rate of more than £12.50 £12.50 £12.50
10% offered a hourly rate of more than £51.17 £50.50 £50.00
UK excluding London average hourly rate £32.50 £26.83 £30.25
% change year-on-year
+21.13% -11.30%

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 September 2015.

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 27 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 September 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
England -46 319 £594 -1.04% 92
London -42 277 £600 - 79
City of London -41 82 £638 -1.92% 38
South East +6 29 £475 -5.00% 5
Berkshire +17 19 £475 - 3
Reading +8 15 £475 -
East of England +11 8 £575 +55.40% 8
Bedfordshire - 8 £575 -
Surrey - 7 £418 -
Luton - 7 £575 -
Scotland -10 5 £425 +6.25% 3
West Midlands -1 4 £320 -13.51%
Staffordshire -10 4 £320 -
Hampshire +8 3 - -
Slough - 3 - - 2
Canary Wharf - 3 £363 -
Basingstoke +1 2 - -
Hammersmith - 2 £475 -
Glasgow -1 1 £360 -10.00% 2
Docklands, London -5 1 £613 +10.36%
West Yorkshire -31 1 £338 +5.46%
Yorkshire -31 1 £338 +5.46%
Portsmouth - 1 - -
Hounslow - 1 £490 -
Edinburgh - 1 £475 -
Stirling - 1 - -
Sunbury-on-Thames - 1 £418 -

Low Latency
Top 30 Related IT Skills

For the 6 months to 2 September 2015, 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.

1 281 (44.46%) Multithreading
2 261 (41.30%) Java
3 241 (38.13%) Foreign Exchange (FX)
4 228 (36.08%) Front Office
5 201 (31.80%) Finance
6 197 (31.17%) Linux
7 173 (27.37%) C++
8 163 (25.79%) Banking
9 154 (24.37%) UNIX
10 146 (23.10%) Agile Software Development
11 129 (20.41%) SQL
12 118 (18.67%) C#
13 109 (17.25%) Algorithmic Trading
14 106 (16.77%) FIX Protocol
15 102 (16.14%) Equities
16 98 (15.51%) Investment Banking
17 87 (13.77%) TDD
18 83 (13.13%) Python
19 75 (11.87%) Analytical Skills
20 73 (11.55%) Electronic Trading
21 68 (10.76%) Perl
22 62 (9.81%) OO
23 59 (9.34%) E-Commerce
23 59 (9.34%) Risk Management
24 57 (9.02%) Spring
25 54 (8.54%) Continuous Integration
26 51 (8.07%) Shell Script
27 50 (7.91%) SQL Server
27 50 (7.91%) Computer Science
28 49 (7.75%) Software Engineering

Low Latency
Top Related IT Skills by Category

For the 6 months to 2 September 2015, 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 12 (1.90%) WebSphere
2 11 (1.74%) Oracle Coherence
3 10 (1.58%) OpenStack
4 9 (1.42%) Node.js
4 9 (1.42%) MTS
5 8 (1.27%) WebSphere Application Server
6 6 (0.95%) Mule
7 5 (0.79%) Confluence
7 5 (0.79%) SharePoint
8 4 (0.63%) Apache ServiceMix
9 2 (0.32%) WebLogic
9 2 (0.32%) JBoss
9 2 (0.32%) Apache
9 2 (0.32%) Oracle Workflow
10 1 (0.16%) GemFire
10 1 (0.16%) Sitecore CMS
10 1 (0.16%) CMS
10 1 (0.16%) Tomcat
10 1 (0.16%) Apache Spark
Applications
1 20 (3.16%) MS Excel
2 3 (0.47%) MS Visio
3 1 (0.16%) Spreadsheet
3 1 (0.16%) MS Project
Business Applications
1 13 (2.06%) ION MarketView
2 8 (1.27%) BusinessWorks
3 5 (0.79%) RMDS
4 3 (0.47%) SAP Oil and Gas
5 2 (0.32%) Dynamics CRM
6 1 (0.16%) Misys Opics
6 1 (0.16%) Finacle
6 1 (0.16%) MetaTrader
Cloud Services
1 17 (2.69%) Amazon AWS
2 10 (1.58%) GitHub
3 5 (0.79%) SaaS
4 4 (0.63%) PaaS
4 4 (0.63%) IaaS
5 2 (0.32%) Amazon ElastiCache
5 2 (0.32%) AWS CloudFormation
5 2 (0.32%) Cloud Computing
5 2 (0.32%) Amazon EC2
Communications & Networking
1 42 (6.65%) TCP/IP
2 29 (4.59%) Multicast
3 26 (4.11%) Firewall
4 23 (3.64%) BGP
5 21 (3.32%) OSPF
6 14 (2.22%) HTTP
6 14 (2.22%) WAN
6 14 (2.22%) Cisco Nexus
7 13 (2.06%) LAN
7 13 (2.06%) VPN
7 13 (2.06%) IPsec
8 11 (1.74%) MPLS
8 11 (1.74%) HSRP
9 10 (1.58%) Cisco ASA
9 10 (1.58%) EIGRP
10 8 (1.27%) Spanning Tree
11 6 (0.95%) Network Security
11 6 (0.95%) Junos
11 6 (0.95%) VRRP
11 6 (0.95%) Internet
Database & Business Intelligence
1 50 (7.91%) SQL Server
2 48 (7.59%) Big Data
3 47 (7.44%) Relational Database
4 34 (5.38%) KDB
5 16 (2.53%) DB2
6 13 (2.06%) SQL Server Integration Services
7 11 (1.74%) OLAP
7 11 (1.74%) Data Warehouse
8 8 (1.27%) Oracle Database
9 7 (1.11%) RDBMS
9 7 (1.11%) SQL Server Reporting Services
10 6 (0.95%) NoSQL
10 6 (0.95%) SQL Server 2008
10 6 (0.95%) SQL Server 2012
11 4 (0.63%) MongoDB
12 3 (0.47%) Hazelcast
12 3 (0.47%) Hadoop
12 3 (0.47%) MySQL
12 3 (0.47%) SQL Server Analysis Services
13 2 (0.32%) Oracle Database 11g
Development Applications
1 41 (6.49%) Jenkins
2 38 (6.01%) Maven
3 30 (4.75%) Eclipse
4 17 (2.69%) JUnit
5 14 (2.22%) JMeter
5 14 (2.22%) Hudson
6 12 (1.90%) Subversion
6 12 (1.90%) JIRA
7 11 (1.74%) Git (software)
7 11 (1.74%) IntelliJ
7 11 (1.74%) LoadRunner
8 9 (1.42%) NUnit
8 9 (1.42%) CruiseControl
9 8 (1.27%) Build Forge
9 8 (1.27%) ANTLR
9 8 (1.27%) VisualVM
9 8 (1.27%) YourKit
10 7 (1.11%) Moq
11 6 (0.95%) Ant
12 4 (0.63%) TeamCity
General
1 228 (36.08%) Front Office
2 201 (31.80%) Finance
3 163 (25.79%) Banking
4 98 (15.51%) Investment Banking
5 14 (2.22%) Financial Institution
6 11 (1.74%) Games
7 7 (1.11%) Telecoms
8 5 (0.79%) Marketing
9 3 (0.47%) Multimedia
9 3 (0.47%) Electronics
9 3 (0.47%) Legal
9 3 (0.47%) Manufacturing
9 3 (0.47%) Advertising
10 2 (0.32%) Corporate Banking
11 1 (0.16%) Retail Banking
11 1 (0.16%) Retail
11 1 (0.16%) Aerospace
11 1 (0.16%) Back Office
11 1 (0.16%) German Language
Job Titles
1 437 (69.15%) Developer
2 177 (28.01%) Java Developer
3 120 (18.99%) C++ Developer
4 98 (15.51%) Senior Developer
5 55 (8.70%) C# Developer
6 46 (7.28%) Senior Java Developer
7 40 (6.33%) Analyst
8 29 (4.59%) Ab Initio Developer
9 22 (3.48%) Network Engineer
10 20 (3.16%) C++/C# Developer
11 16 (2.53%) Architect
11 16 (2.53%) Project Manager
12 15 (2.37%) Senior C++ Developer
13 14 (2.22%) Senior C# Developer
14 13 (2.06%) Support Analyst
14 13 (2.06%) Scala Developer
14 13 (2.06%) DevOps Engineer
15 12 (1.90%) Applications Support
15 12 (1.90%) Senior Ab Initio Developer
16 11 (1.74%) Technical Architect
Libraries, Frameworks & Software Standards
1 106 (16.77%) FIX Protocol
2 57 (9.02%) Spring
3 49 (7.75%) Middleware
4 47 (7.44%) Web Services
4 47 (7.44%) Boost C++ Libraries
5 45 (7.12%) XML
6 44 (6.96%) .NET
7 39 (6.17%) STL
8 36 (5.70%) WPF
8 36 (5.70%) REST
9 34 (5.38%) JMS
10 31 (4.91%) SOAP
11 20 (3.16%) WinForms
12 19 (3.01%) WCF
13 18 (2.85%) J2SE
13 18 (2.85%) HTML
14 17 (2.69%) HTML5
15 15 (2.37%) JSON
16 14 (2.22%) J2EE
16 14 (2.22%) WSDL
Miscellaneous
1 241 (38.13%) Foreign Exchange (FX)
2 102 (16.14%) Equities
3 75 (11.87%) Analytical Skills
4 50 (7.91%) Computer Science
5 47 (7.44%) Fixed Income
6 46 (7.28%) Algorithms
7 34 (5.38%) Derivative
8 24 (3.80%) Data Centre
9 21 (3.32%) Data Structures
10 19 (3.01%) Mathematics
11 17 (2.69%) DataPower
12 16 (2.53%) N-Tier
13 10 (1.58%) Replication
13 10 (1.58%) Hybrid Cloud
14 9 (1.42%) Market Risk
15 8 (1.27%) Inversion of Control
15 8 (1.27%) Physics
15 8 (1.27%) Equity Derivative
15 8 (1.27%) Management Information System
15 8 (1.27%) Eurex
Operating Systems
1 197 (31.17%) Linux
2 154 (24.37%) UNIX
3 41 (6.49%) Windows
4 22 (3.48%) Red Hat Enterprise Linux
4 22 (3.48%) Solaris
5 6 (0.95%) Android
6 4 (0.63%) SUSE
6 4 (0.63%) SUSE Linux Enterprise Server
7 3 (0.47%) Oracle Linux
7 3 (0.47%) AIX
8 2 (0.32%) CentOS
9 1 (0.16%) Fedora
9 1 (0.16%) Ubuntu
9 1 (0.16%) Scientific Linux
Processes & Methodologies
1 281 (44.46%) Multithreading
2 146 (23.10%) Agile Software Development
3 109 (17.25%) Algorithmic Trading
4 87 (13.77%) TDD
5 73 (11.55%) Electronic Trading
6 62 (9.81%) OO
7 59 (9.34%) E-Commerce
7 59 (9.34%) Risk Management
8 54 (8.54%) Continuous Integration
9 49 (7.75%) Software Engineering
10 39 (6.17%) Performance Tuning
11 34 (5.38%) Scrum
11 34 (5.38%) Project Management
12 28 (4.43%) Open Source
12 28 (4.43%) High Availability
13 27 (4.27%) DevOps
14 26 (4.11%) Market Making
15 24 (3.80%) Ultra-Low Latency
16 23 (3.64%) SOA
17 21 (3.32%) ITIL
Programming Languages
1 261 (41.30%) Java
2 173 (27.37%) C++
3 129 (20.41%) SQL
4 118 (18.67%) C#
5 83 (13.13%) Python
6 68 (10.76%) Perl
7 51 (8.07%) Shell Script
8 28 (4.43%) Bash Shell
9 17 (2.69%) Scala
9 17 (2.69%) JavaScript
10 12 (1.90%) C
11 11 (1.74%) Ruby
12 10 (1.58%) PL/SQL
13 7 (1.11%) PowerShell
14 6 (0.95%) Korn
14 6 (0.95%) T-SQL
14 6 (0.95%) VBScript
15 4 (0.63%) VB.NET
15 4 (0.63%) VBA
16 3 (0.47%) Assembly Language
Qualifications
1 47 (7.44%) Degree
2 25 (3.96%) Cisco Certification
3 14 (2.22%) CCIE
4 12 (1.90%) CCNP
5 7 (1.11%) PhD
6 5 (0.79%) PRINCE2 Certification
7 4 (0.63%) CCNA
7 4 (0.63%) Security Cleared
8 3 (0.47%) SC Cleared
8 3 (0.47%) Check Point Certification
8 3 (0.47%) ITIL Certification
8 3 (0.47%) CCSA
9 2 (0.32%) CCSE
9 2 (0.32%) PRINCE2 Practitioner
10 1 (0.16%) DV Cleared
10 1 (0.16%) ISEB
10 1 (0.16%) CCSP
10 1 (0.16%) ISEB Practitioner
10 1 (0.16%) JNCIP
Quality Assurance & Compliance
1 12 (1.90%) QA
2 2 (0.32%) ISO 9001
3 1 (0.16%) SLA
System Software
1 27 (4.27%) VMware Infrastructure
2 7 (1.11%) Veritas Cluster Server
3 5 (0.79%) VMware ESXi
4 4 (0.63%) Hyper-V
4 4 (0.63%) XenApp
4 4 (0.63%) XenDesktop
5 3 (0.47%) Snort
5 3 (0.47%) Docker
6 1 (0.16%) VMware ESX
6 1 (0.16%) KVM
Systems Management
1 23 (3.64%) Puppet
2 11 (1.74%) Opscode Chef
3 9 (1.42%) ITRS Geneos
4 7 (1.11%) Nagios
5 4 (0.63%) SCCM
5 4 (0.63%) SCOM
5 4 (0.63%) SCVMM
5 4 (0.63%) Cobbler
5 4 (0.63%) Graphite
6 3 (0.47%) HP Operations Orchestration
7 2 (0.32%) Vagrant
7 2 (0.32%) CiscoWorks
7 2 (0.32%) MOM
7 2 (0.32%) CA Spectrum
7 2 (0.32%) Ansible
7 2 (0.32%) Mesos
8 1 (0.16%) EdgeSight
8 1 (0.16%) Oracle ZFS
8 1 (0.16%) HP SIM
Vendors
1 49 (7.75%) Oracle
2 40 (6.33%) TIBCO
3 39 (6.17%) Microsoft
4 31 (4.91%) Cisco
5 29 (4.59%) Ab Initio
5 29 (4.59%) VMware
6 25 (3.96%) Sybase
7 24 (3.80%) Red Hat
8 22 (3.48%) IBM
9 18 (2.85%) ION Trading
10 17 (2.69%) Juniper
11 15 (2.37%) eSpeed
12 13 (2.06%) CheckPoint
13 12 (1.90%) Bloomberg
14 11 (1.74%) SOASTA, Inc
15 10 (1.58%) Currenex
16 9 (1.42%) Tradeweb
16 9 (1.42%) Reuters
17 8 (1.27%) HP
17 8 (1.27%) F5
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