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 26 May 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
26 May 2015
Same period 2014 Same period 2013
Low Latency
Rank 337 301 256
Rank change year-on-year
-36 -45
Contract jobs citing Low Latency 307 318 337
As % of all contract IT jobs located in the UK 0.56% 0.60% 0.73%
As % of the Processes & Methodologies category 0.73% 0.80% 0.98%
Number of daily rates quoted 260 275 278
Average daily rate
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of your Daily Rate
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£625 £600 £525
Average daily rate % change year-on-year
+4.16% +14.28%
90% offered a daily rate of more than £450 £431 £425
10% offered a daily rate of more than £735 £700 £650
UK excluding London average daily rate £450 £380 £375
% change year-on-year
+18.42% +1.33%
Number of hourly rates quoted 0 1 0
Average hourly rate - £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
41941 39670 34556
As % of all contract IT jobs located in the UK 77.12% 75.31% 74.55%
Number of daily rates quoted 26586 25081 20645
Average daily rate £413 £400 £413
Average daily rate % change year-on-year
+3.12% -3.03%
90% offered a daily rate of more than £285 £275 £275
10% offered a daily rate of more than £575 £553 £575
UK excluding London average daily rate £388 £375 £363
% change year-on-year
+3.33% +3.44%
Number of hourly rates quoted 1211 1173 1034
Average hourly rate £29.00 £27.50 £32.00
Average hourly rate % change year-on-year
+5.45% -14.06%
90% offered a hourly rate of more than £12.10 £12.50 £13.55
10% offered a hourly rate of more than £47.50 £49.07 £48.28
UK excluding London average hourly rate £30.00 £30.00 £32.00
% change year-on-year
- -6.25%

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 26 May 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 23 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 26 May 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 -14 302 £625 +4.16% 101
London -12 269 £625 +4.16% 91
City of London -9 71 £625 -3.84% 53
South East +17 26 £475 +72.72% 6
Berkshire +16 18 £475 +72.72%
Reading +22 17 £500 +81.81%
Canary Wharf - 8 £475 -
Docklands, London 0 6 £675 +1.88%
Hampshire - 5 £400 -
Scotland -5 3 £438 - 1
Birmingham -8 3 £295 -34.44%
West Midlands -9 3 £295 -34.44% 1
Basingstoke - 3 £400 -
South West +6 2 £381 +38.63% 1
Glasgow -1 2 £438 - 1
Bristol - 2 £381 - 1
Hertfordshire - 2 £325 - 1
Surrey - 2 - - 4
East of England - 2 £325 - 2
Hammersmith - 1 £475 -
Buckinghamshire - 1 £500 - 1
Borehamwood - 1 - -
Milton Keynes - 1 £500 -

Low Latency
Top 30 Related IT Skills

For the 6 months to 26 May 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.

1 352 (52.07%) Java
2 331 (48.96%) Multithreading
3 292 (43.20%) Front Office
4 274 (40.53%) Foreign Exchange (FX)
5 233 (34.47%) Banking
6 218 (32.25%) Finance
7 183 (27.07%) Linux
8 179 (26.48%) C++
9 154 (22.78%) Agile Software Development
10 149 (22.04%) C#
11 144 (21.30%) UNIX
12 132 (19.53%) Investment Banking
13 121 (17.90%) SQL
14 111 (16.42%) FIX Protocol
15 105 (15.53%) Equities
16 102 (15.09%) Algorithmic Trading
17 101 (14.94%) Electronic Trading
18 92 (13.61%) TDD
19 90 (13.31%) Python
20 84 (12.43%) OO
21 74 (10.95%) Perl
22 69 (10.21%) Middleware
23 67 (9.91%) Fixed Income
23 67 (9.91%) Computer Science
24 58 (8.58%) Analytical Skills
25 56 (8.28%) Ultra-Low Latency
25 56 (8.28%) Windows
26 55 (8.14%) Cisco Certification
26 55 (8.14%) Degree
26 55 (8.14%) Multicast

Low Latency
Top Related IT Skills by Category

For the 6 months to 26 May 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 16 (2.37%) OpenStack
2 15 (2.22%) SharePoint
3 13 (1.92%) WebSphere
4 12 (1.78%) Oracle Coherence
5 7 (1.04%) WebSphere Application Server
6 6 (0.89%) Apache
6 6 (0.89%) Node.js
7 4 (0.59%) MTS
7 4 (0.59%) JBoss
7 4 (0.59%) Apache ServiceMix
8 3 (0.44%) Apache Spark
9 2 (0.30%) MQSeries
9 2 (0.30%) SAS
9 2 (0.30%) Oracle Workflow
10 1 (0.15%) Elasticsearch
10 1 (0.15%) Drupal
10 1 (0.15%) Jetty
10 1 (0.15%) Confluence
10 1 (0.15%) ColdFusion
10 1 (0.15%) Tomcat
Applications
1 21 (3.11%) MS Excel
2 5 (0.74%) MS Visio
2 5 (0.74%) MS Office
3 3 (0.44%) Spreadsheet
4 2 (0.30%) MS Project
4 2 (0.30%) SPSS
Business Applications
1 25 (3.70%) ION MarketView
2 16 (2.37%) RMDS
3 3 (0.44%) Murex MxG2000
3 3 (0.44%) BusinessWorks
3 3 (0.44%) Dynamics CRM
4 2 (0.30%) SAP Oil and Gas
5 1 (0.15%) Endur
Cloud Services
1 11 (1.63%) Amazon AWS
2 5 (0.74%) AWS CloudFormation
3 3 (0.44%) SaaS
4 2 (0.30%) PaaS
4 2 (0.30%) IaaS
4 2 (0.30%) Cloud Computing
5 1 (0.15%) Amazon ElastiCache
Communications & Networking
1 55 (8.14%) Multicast
2 54 (7.99%) TCP/IP
3 44 (6.51%) Firewall
4 40 (5.92%) BGP
5 32 (4.73%) EIGRP
5 32 (4.73%) OSPF
6 27 (3.99%) MPLS
7 24 (3.55%) VPLS
8 21 (3.11%) Cisco Nexus
9 17 (2.51%) SAN
9 17 (2.51%) HTTP
10 16 (2.37%) NetScaler
11 15 (2.22%) NAS
12 12 (1.78%) LAN
13 11 (1.63%) Cisco ASA
14 10 (1.48%) WAN
15 9 (1.33%) IPsec
16 8 (1.18%) Wireless
16 8 (1.18%) VPN
16 8 (1.18%) Network Security
Database & Business Intelligence
1 51 (7.54%) Relational Database
2 36 (5.33%) KDB
3 34 (5.03%) SQL Server
4 28 (4.14%) Big Data
5 13 (1.92%) DB2
6 8 (1.18%) OLAP
6 8 (1.18%) SQL Server Reporting Services
6 8 (1.18%) SQL Server Integration Services
6 8 (1.18%) RDBMS
6 8 (1.18%) Hadoop
6 8 (1.18%) NoSQL
7 6 (0.89%) Oracle Database
7 6 (0.89%) SQL Server 2008
8 5 (0.74%) SQL Server 2012
8 5 (0.74%) Hazelcast
8 5 (0.74%) InfluxDB
8 5 (0.74%) Data Warehouse
9 4 (0.59%) MySQL
10 3 (0.44%) SQL Server Analysis Services
11 2 (0.30%) ROLAP
Development Applications
1 44 (6.51%) Maven
2 28 (4.14%) Eclipse
3 27 (3.99%) Subversion
4 25 (3.70%) JUnit
5 14 (2.07%) TeamCity
6 13 (1.92%) Git (software)
6 13 (1.92%) JIRA
7 12 (1.78%) Jenkins
8 11 (1.63%) VisualVM
8 11 (1.63%) YourKit
9 9 (1.33%) Mockito
10 8 (1.18%) NUnit
11 5 (0.74%) Moq
12 3 (0.44%) Grunt
12 3 (0.44%) ANTLR
12 3 (0.44%) Hudson
12 3 (0.44%) SpecFlow
12 3 (0.44%) Ant
13 2 (0.30%) Visual Studio
13 2 (0.30%) IntelliJ
General
1 292 (43.20%) Front Office
2 233 (34.47%) Banking
3 218 (32.25%) Finance
4 132 (19.53%) Investment Banking
5 15 (2.22%) Financial Institution
6 12 (1.78%) Telecoms
7 8 (1.18%) Games
8 5 (0.74%) Retail
9 4 (0.59%) Advertising
10 3 (0.44%) Marketing
11 2 (0.30%) Legal
11 2 (0.30%) Manufacturing
11 2 (0.30%) Electronics
12 1 (0.15%) Publishing
12 1 (0.15%) Multimedia
12 1 (0.15%) Retail Banking
12 1 (0.15%) Corporate Banking
Job Titles
1 467 (69.08%) Developer
2 267 (39.50%) Java Developer
3 105 (15.53%) C++ Developer
4 75 (11.09%) Senior Developer
5 55 (8.14%) Network Engineer
6 54 (7.99%) C# Developer
7 49 (7.25%) Analyst
8 46 (6.80%) Senior Java Developer
9 22 (3.25%) Support Analyst
10 21 (3.11%) Senior Network Engineer
11 19 (2.81%) C++/C# Developer
12 15 (2.22%) Applications Support
12 15 (2.22%) Architect
13 14 (2.07%) Programmer
13 14 (2.07%) Wintel Analyst
14 13 (1.92%) Linux Engineer
15 10 (1.48%) Lead Developer
15 10 (1.48%) Applications Support Analyst
16 9 (1.33%) Front Office Developer
16 9 (1.33%) Software Engineer
Libraries, Frameworks & Software Standards
1 111 (16.42%) FIX Protocol
2 69 (10.21%) Middleware
3 50 (7.40%) Spring
4 47 (6.95%) JMS
5 38 (5.62%) XML
6 34 (5.03%) Boost C++ Libraries
7 33 (4.88%) .NET
8 31 (4.59%) Ultra Messaging
8 31 (4.59%) WPF
9 30 (4.44%) Web Services
10 29 (4.29%) STL
10 29 (4.29%) Rendezvous
11 24 (3.55%) REST
12 23 (3.40%) SOAP
13 20 (2.96%) TIBCO EMS
14 19 (2.81%) RESTful
15 17 (2.51%) HTML
16 14 (2.07%) WCF
17 13 (1.92%) WSDL
18 12 (1.78%) CSS
Miscellaneous
1 274 (40.53%) Foreign Exchange (FX)
2 105 (15.53%) Equities
3 67 (9.91%) Fixed Income
3 67 (9.91%) Computer Science
4 58 (8.58%) Analytical Skills
5 50 (7.40%) Derivative
6 37 (5.47%) Algorithms
7 32 (4.73%) Mathematics
8 20 (2.96%) Replication
8 20 (2.96%) Data Centre
9 15 (2.22%) Hedge funds
10 14 (2.07%) Data Structures
11 13 (1.92%) DataPower
12 12 (1.78%) Credit Derivative
13 11 (1.63%) Management Information System
13 11 (1.63%) Physics
14 10 (1.48%) Equity Derivative
14 10 (1.48%) N-Tier
14 10 (1.48%) Eurex
15 8 (1.18%) Spread Betting
Operating Systems
1 183 (27.07%) Linux
2 144 (21.30%) UNIX
3 56 (8.28%) Windows
4 22 (3.25%) Solaris
5 20 (2.96%) Red Hat Enterprise Linux
6 6 (0.89%) SUSE Linux Enterprise Server
6 6 (0.89%) AIX
6 6 (0.89%) SUSE
7 5 (0.74%) Oracle Linux
8 3 (0.44%) Windows Server 2012
9 2 (0.30%) Android
10 1 (0.15%) CentOS
10 1 (0.15%) Fedora
10 1 (0.15%) Windows Server 2003
Processes & Methodologies
1 331 (48.96%) Multithreading
2 154 (22.78%) Agile Software Development
3 102 (15.09%) Algorithmic Trading
4 101 (14.94%) Electronic Trading
5 92 (13.61%) TDD
6 84 (12.43%) OO
7 56 (8.28%) Ultra-Low Latency
8 54 (7.99%) E-Commerce
9 40 (5.92%) Risk Management
10 35 (5.18%) Project Management
11 33 (4.88%) Continuous Integration
12 32 (4.73%) Software Engineering
13 28 (4.14%) ITIL
13 28 (4.14%) Concurrent Programming
13 28 (4.14%) Garbage Collection
14 26 (3.85%) Performance Tuning
15 24 (3.55%) Unit Testing
16 23 (3.40%) SDLC
17 22 (3.25%) Market Making
17 22 (3.25%) BDD
Programming Languages
1 352 (52.07%) Java
2 179 (26.48%) C++
3 149 (22.04%) C#
4 121 (17.90%) SQL
5 90 (13.31%) Python
6 74 (10.95%) Perl
7 26 (3.85%) Shell Script
8 21 (3.11%) JavaScript
9 18 (2.66%) C
9 18 (2.66%) Bash Shell
10 17 (2.51%) VBScript
11 15 (2.22%) PowerShell
12 13 (1.92%) Ruby
13 12 (1.78%) Scala
14 10 (1.48%) Korn
15 5 (0.74%) PL/SQL
16 4 (0.59%) VBA
16 4 (0.59%) Groovy
17 3 (0.44%) Lua
17 3 (0.44%) T-SQL
Qualifications
1 55 (8.14%) Cisco Certification
1 55 (8.14%) Degree
2 46 (6.80%) CCNP
3 42 (6.21%) CCIE
4 8 (1.18%) CCNA
5 3 (0.44%) Check Point Certification
5 3 (0.44%) CCSA
5 3 (0.44%) Security Cleared
6 2 (0.30%) PRINCE2 Practitioner
6 2 (0.30%) SC Cleared
7 1 (0.15%) DV Cleared
7 1 (0.15%) CCSE
7 1 (0.15%) ISEB Practitioner
7 1 (0.15%) ISEB
7 1 (0.15%) PhD
Quality Assurance & Compliance
1 6 (0.89%) QA
2 2 (0.30%) ISO 9001
System Software
1 21 (3.11%) Veritas Cluster Server
2 18 (2.66%) VMware Infrastructure
3 17 (2.51%) Hyper-V
4 15 (2.22%) XenApp
4 15 (2.22%) XenDesktop
4 15 (2.22%) VMware ESXi
5 1 (0.15%) Apache ZooKeeper
5 1 (0.15%) Docker
5 1 (0.15%) Varnish
5 1 (0.15%) VMware ESX
5 1 (0.15%) Snort
Systems Management
1 16 (2.37%) SCCM
1 16 (2.37%) SCOM
1 16 (2.37%) Puppet
2 15 (2.22%) SCVMM
3 13 (1.92%) ITRS Geneos
4 12 (1.78%) HP SIM
4 12 (1.78%) EdgeSight
5 11 (1.63%) Opscode Chef
6 6 (0.89%) HP Operations Orchestration
7 5 (0.74%) Kibana
8 4 (0.59%) StatsD
Vendors
1 54 (7.99%) TIBCO
2 52 (7.69%) Oracle
3 51 (7.54%) Cisco
4 43 (6.36%) Microsoft
5 34 (5.03%) IBM
5 34 (5.03%) Juniper
6 30 (4.44%) ION Trading
7 28 (4.14%) Sybase
8 26 (3.85%) VMware
9 25 (3.70%) F5
9 25 (3.70%) CheckPoint
10 23 (3.40%) Citrix
11 21 (3.11%) HP
11 21 (3.11%) Veritas
12 20 (2.96%) Red Hat
13 19 (2.81%) Fortinet
14 17 (2.51%) Blue Coat
15 16 (2.37%) Reuters
15 16 (2.37%) Dell
16 15 (2.22%) ServiceNow
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