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 21 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
21 Oct 2014
Same period 2013 Same period 2012
Low Latency
Rank 275 265 291
Rank change year-on-year
-10 +26
Contract jobs citing Low Latency 407 391 354
As % of all contract IT jobs located in the UK 0.70% 0.74% 0.63%
As % of the Processes & Methodologies category 0.95% 1.00% 0.88%
Number of daily rates quoted 328 321 278
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£625 £575 £550
Average daily rate % change year-on-year
+8.69% +4.54%
90% offered a daily rate of more than £475 £400 £375
10% offered a daily rate of more than £700 £700 £650
UK excluding London average daily rate £413 £375 £375
% change year-on-year
+10.00% -
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
42898 38918 40274
As % of all contract IT jobs located in the UK 73.68% 74.04% 72.08%
Number of daily rates quoted 27476 24169 23477
Average daily rate £413 £400 £400
Average daily rate % change year-on-year
+3.12% -
90% offered a daily rate of more than £275 £275 £270
10% offered a daily rate of more than £575 £575 £575
UK excluding London average daily rate £375 £363 £370
% change year-on-year
+3.44% -2.02%
Number of hourly rates quoted 1194 1150 1496
Average hourly rate £25.00 £26.60 £30.00
Average hourly rate % change year-on-year
-6.01% -11.33%
90% offered a hourly rate of more than £12.00 £12.50 £12.50
10% offered a hourly rate of more than £50.00 £45.00 £47.18
UK excluding London average hourly rate £25.00 £29.00 £27.50
% change year-on-year
-13.79% +5.45%

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 21 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 21 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 -15 400 £625 +8.69% 95
London +12 383 £625 +8.69% 87
City of London +30 117 £650 +8.33% 48
West Midlands - 8 £373 - 2
South East -30 6 £500 -4.76% 3
Surrey -1 4 £500 - 1
Northern Ireland -8 4 £375 +44.23%
County Antrim -9 4 £375 +44.23%
Belfast -9 4 £375 +44.23%
Birmingham - 3 £375 -
Docklands, London +11 2 £555 -3.81%
East of England -17 2 £370 -39.09% 3
Reading +14 1 £450 -10.00%
Berkshire +1 1 £450 -14.28%
Yorkshire -5 1 - -
Glasgow -9 1 - -
Scotland -22 1 - - 1
Cambridgeshire - 1 £370 - 2
Staffordshire - 1 - - 2
Cambridge - 1 £370 - 2
Edinburgh - - - - 1
Maidenhead - - - -
Oxford - - - - 1
Solihull - - - -
St Albans - - - - 1
Stoke-on-Trent - - - - 2
Welwyn Garden City - - - -
Guildford - - - - 1
Harrow - - - -
Ipswich - - - -

Low Latency
Top 30 Related IT Skills

For the 6 months to 21 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.

1 476 (60.18%) Java
2 411 (51.96%) Multithreading
3 374 (47.28%) Front Office
4 353 (44.63%) Foreign Exchange (FX)
5 306 (38.69%) Banking
6 225 (28.45%) UNIX
7 219 (27.69%) SQL
8 206 (26.04%) C++
9 202 (25.54%) Finance
10 189 (23.89%) Linux
11 180 (22.76%) Algorithmic Trading
12 160 (20.23%) Investment Banking
12 160 (20.23%) C#
13 159 (20.10%) Oracle
14 145 (18.33%) Agile Software Development
15 118 (14.92%) Fixed Income
16 107 (13.53%) Spring
17 104 (13.15%) Electronic Trading
18 97 (12.26%) Perl
18 97 (12.26%) Analytical Skills
19 96 (12.14%) E-Commerce
20 94 (11.88%) FIX Protocol
21 88 (11.13%) Risk Management
21 88 (11.13%) Python
22 81 (10.24%) TIBCO
23 79 (9.99%) Performance Tuning
24 77 (9.73%) Relational Database
25 76 (9.61%) Derivative
26 71 (8.98%) Equities
27 67 (8.47%) TDD

Low Latency
Top Related IT Skills by Category

For the 6 months to 21 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 40 (5.06%) Oracle Coherence
2 17 (2.15%) TIBCO EMS
3 16 (2.02%) WebSphere
4 13 (1.64%) WebSphere Application Server
5 10 (1.26%) Apache
5 10 (1.26%) Confluence
6 6 (0.76%) MQSeries
7 5 (0.63%) SharePoint
7 5 (0.63%) Jetty
7 5 (0.63%) GemFire
8 4 (0.51%) JBoss
8 4 (0.51%) Tomcat
9 3 (0.38%) WebLogic
9 3 (0.38%) IIS
9 3 (0.38%) Node.js
10 2 (0.25%) Lightstreamer
11 1 (0.13%) Oracle Workflow
Applications
1 13 (1.64%) MS Excel
2 3 (0.38%) MS Visio
3 1 (0.13%) MS Office
Business Applications
1 23 (2.91%) RMDS
2 20 (2.53%) ION MarketView
Cloud Services
1 8 (1.01%) Cloud Computing
2 7 (0.88%) GitHub
3 1 (0.13%) Amazon AWS
3 1 (0.13%) SaaS
Communications & Networking
1 60 (7.59%) TCP/IP
2 55 (6.95%) Multicast
3 50 (6.32%) Firewall
4 32 (4.05%) BGP
5 29 (3.67%) OSPF
6 28 (3.54%) WAN
7 26 (3.29%) LAN
8 15 (1.90%) VPN
9 14 (1.77%) Wireshark
9 14 (1.77%) Cisco Nexus
10 11 (1.39%) Wireless
10 11 (1.39%) RIP
11 10 (1.26%) DNS
12 9 (1.14%) EIGRP
12 9 (1.14%) Cisco IOS
12 9 (1.14%) Network Security
12 9 (1.14%) VLAN
12 9 (1.14%) HSRP
13 8 (1.01%) Cisco ASA
13 8 (1.01%) tcpdump
Database & Business Intelligence
1 77 (9.73%) Relational Database
2 42 (5.31%) KDB
3 32 (4.05%) Oracle Database
4 21 (2.65%) SQL Server
5 11 (1.39%) Hazelcast
6 8 (1.01%) DB2
6 8 (1.01%) SQL Server 2008
7 6 (0.76%) Apache Cassandra
7 6 (0.76%) NoSQL
7 6 (0.76%) Oracle Database 10g
8 5 (0.63%) Big Data
9 4 (0.51%) SQL Server 2012
9 4 (0.51%) MySQL
10 3 (0.38%) SQL Server 2005
10 3 (0.38%) OLAP
10 3 (0.38%) Data Warehouse
10 3 (0.38%) RDBMS
10 3 (0.38%) Hadoop
10 3 (0.38%) CouchDB
11 1 (0.13%) MongoDB
Development Applications
1 41 (5.18%) Maven
2 29 (3.67%) TeamCity
3 28 (3.54%) JUnit
4 26 (3.29%) JIRA
5 20 (2.53%) Mockito
6 18 (2.28%) Git (software)
7 17 (2.15%) Subversion
8 14 (1.77%) Grunt
9 13 (1.64%) WebDriver
9 13 (1.64%) CruiseControl
10 10 (1.26%) Jenkins
10 10 (1.26%) Bower
11 8 (1.01%) Cucumber
11 8 (1.01%) JMeter
11 8 (1.01%) Selenium
11 8 (1.01%) jMock
12 6 (0.76%) LoadRunner
12 6 (0.76%) TestNG
13 5 (0.63%) EasyMock
14 4 (0.51%) Ant
General
1 374 (47.28%) Front Office
2 306 (38.69%) Banking
3 202 (25.54%) Finance
4 160 (20.23%) Investment Banking
5 28 (3.54%) Financial Institution
6 15 (1.90%) Games
7 12 (1.52%) Telecoms
8 10 (1.26%) Back Office
9 4 (0.51%) Marketing
10 3 (0.38%) Spanish Language
11 2 (0.25%) Legal
12 1 (0.13%) Law
12 1 (0.13%) Retail
12 1 (0.13%) Retail Banking
12 1 (0.13%) Corporate Banking
12 1 (0.13%) International Banking
Job Titles
1 509 (64.35%) Developer
2 292 (36.92%) Java Developer
3 91 (11.50%) C++ Developer
4 79 (9.99%) Senior Developer
5 63 (7.96%) Analyst
6 60 (7.59%) Senior Java Developer
7 54 (6.83%) C# Developer
8 37 (4.68%) Architect
8 37 (4.68%) Applications Support
9 36 (4.55%) Support Analyst
10 28 (3.54%) Support Engineer
11 27 (3.41%) Network Engineer
12 22 (2.78%) Front Office Developer
13 17 (2.15%) Linux Support
13 17 (2.15%) Production Support Analyst
14 16 (2.02%) Software Engineer
15 15 (1.90%) Consultant
16 13 (1.64%) JavaScript Developer
17 11 (1.39%) Performance Analyst
17 11 (1.39%) WPF Developer
Libraries, Frameworks & Software Standards
1 107 (13.53%) Spring
2 94 (11.88%) FIX Protocol
3 56 (7.08%) .NET
4 53 (6.70%) Rendezvous
5 52 (6.57%) Middleware
6 42 (5.31%) Hibernate
7 40 (5.06%) HTML
8 36 (4.55%) JMS
8 36 (4.55%) HTML5
9 34 (4.30%) WPF
10 31 (3.92%) J2EE
11 29 (3.67%) Web Services
12 27 (3.41%) CSS
13 23 (2.91%) JDBC
13 23 (2.91%) STL
13 23 (2.91%) Boost C++ Libraries
14 22 (2.78%) XML
15 21 (2.65%) Apache Flex
15 21 (2.65%) AngularJS
16 18 (2.28%) REST
Miscellaneous
1 353 (44.63%) Foreign Exchange (FX)
2 118 (14.92%) Fixed Income
3 97 (12.26%) Analytical Skills
4 76 (9.61%) Derivative
5 71 (8.98%) Equities
6 51 (6.45%) Computer Science
7 41 (5.18%) Algorithms
8 36 (4.55%) Mathematics
9 29 (3.67%) VWAP
9 29 (3.67%) TWAP
10 23 (2.91%) User Experience
10 23 (2.91%) Market Risk
11 22 (2.78%) Data Structures
12 19 (2.40%) Field-Programmable Gate Array
13 17 (2.15%) Open Source
14 14 (1.77%) Physics
15 11 (1.39%) Grid Computing
15 11 (1.39%) Hedge funds
16 9 (1.14%) N-Tier
16 9 (1.14%) Spread Betting
Operating Systems
1 225 (28.45%) UNIX
2 189 (23.89%) Linux
3 64 (8.09%) Windows
4 34 (4.30%) Red Hat Enterprise Linux
5 20 (2.53%) Solaris
6 5 (0.63%) Windows Server 2008
7 3 (0.38%) Windows XP
7 3 (0.38%) Windows Server 2003
7 3 (0.38%) SUSE
8 2 (0.25%) AIX
Processes & Methodologies
1 411 (51.96%) Multithreading
2 180 (22.76%) Algorithmic Trading
3 145 (18.33%) Agile Software Development
4 104 (13.15%) Electronic Trading
5 96 (12.14%) E-Commerce
6 88 (11.13%) Risk Management
7 79 (9.99%) Performance Tuning
8 67 (8.47%) TDD
9 60 (7.59%) Ultra-Low Latency
10 59 (7.46%) OO
11 48 (6.07%) Continuous Integration
12 39 (4.93%) Software Engineering
13 32 (4.05%) Migration
14 28 (3.54%) Unit Testing
15 27 (3.41%) MVC
15 27 (3.41%) Scrum
16 24 (3.03%) Project Management
17 22 (2.78%) Change Management
17 22 (2.78%) Memory Management
18 21 (2.65%) BDD
Programming Languages
1 476 (60.18%) Java
2 219 (27.69%) SQL
3 206 (26.04%) C++
4 160 (20.23%) C#
5 97 (12.26%) Perl
6 88 (11.13%) Python
7 42 (5.31%) JavaScript
7 42 (5.31%) Shell Script
8 32 (4.05%) Bash Shell
9 29 (3.67%) C
10 14 (1.77%) PL/SQL
11 9 (1.14%) Scala
11 9 (1.14%) Korn
12 8 (1.01%) Assembly Language
13 5 (0.63%) PowerShell
13 5 (0.63%) XAML
13 5 (0.63%) VB.NET
14 3 (0.38%) VB
14 3 (0.38%) Tcl
15 2 (0.25%) Clojure
Qualifications
1 50 (6.32%) Degree
2 27 (3.41%) Cisco Certification
3 14 (1.77%) CCIE
4 12 (1.52%) CCNP
5 8 (1.01%) SC Cleared
5 8 (1.01%) Security Cleared
6 7 (0.88%) CCNA
7 6 (0.76%) CCSE
8 5 (0.63%) VMware Certified Professional (VCP)
8 5 (0.63%) VCP4
8 5 (0.63%) VCP5
8 5 (0.63%) CCA
8 5 (0.63%) Citrix Certification
8 5 (0.63%) PhD
9 4 (0.51%) Check Point Certification
10 3 (0.38%) CCSA
11 1 (0.13%) Oracle Certification
11 1 (0.13%) CCDP
11 1 (0.13%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 20 (2.53%) QA
2 2 (0.25%) ISO/IEC 27001
System Software
1 5 (0.63%) Active Directory
1 5 (0.63%) XenApp
2 2 (0.25%) HDFS
2 2 (0.25%) NFS
2 2 (0.25%) VMware Infrastructure
2 2 (0.25%) Firmware
2 2 (0.25%) Snort
3 1 (0.13%) Squid
3 1 (0.13%) VMware ESX
Systems Management
1 24 (3.03%) ITRS Geneos
2 6 (0.76%) Ansible
3 5 (0.63%) NetBackup
4 4 (0.51%) Puppet
5 2 (0.25%) HP Quality Center
5 2 (0.25%) Control-M
5 2 (0.25%) Nagios
5 2 (0.25%) CA Spectrum
6 1 (0.13%) Opscode Chef
6 1 (0.13%) Salt
Vendors
1 159 (20.10%) Oracle
2 81 (10.24%) TIBCO
3 56 (7.08%) Sybase
4 53 (6.70%) 29West
5 41 (5.18%) Cisco
6 33 (4.17%) Red Hat
7 26 (3.29%) Juniper
7 26 (3.29%) Reuters
8 24 (3.03%) ION Trading
9 23 (2.91%) MarketAxess
10 22 (2.78%) Microsoft
11 20 (2.53%) Adobe
12 19 (2.40%) eSpeed
12 19 (2.40%) F5
13 14 (1.77%) VMware
13 14 (1.77%) CheckPoint
13 14 (1.77%) Informatica
14 12 (1.52%) HP
15 8 (1.01%) Fidessa
15 8 (1.01%) Blue Coat
West London
Experis Ltd
Posted: 7 hours ago
London
TEKsystems
Rate: £600 - £700 per day
Posted: 19 hours ago
City, London
Quant Capital
Rate: Up to £450 per day OR PERM
Posted: 20 hours ago
London
Hays IT - Uk Posting account
Rate: £550.00 - £650.00 per day
Posted: 22 hours ago
London
Harrington Starr
Rate: £300 - £600 per day
Posted: 22 hours ago
City, London
Harrington Starr
Rate: £300 - £600 per day
Posted: 22 hours ago
City, London
Harrington Starr
Rate: £300 - £500 per day
Posted: 22 hours ago
London
TEKsystems
Rate: £500 - £600 per day
Posted: Yesterday
Cambridge, Cambridgeshire
Optimus Search Ltd
Rate: Negotiable
Posted: 3 days ago
London
Hays Finance Technology
Rate: £400.00 - £700.00 per annum
Posted: 3 days ago
London, United Kingdom
Hatstand Ltd
Rate: £550 - £650 per day
Posted: 3 days ago
City, London
Networking People
Rate: £550 - £650 per day
Posted: 4 days ago
City, London
McGregor Boyall
Rate: £600 - £700 per day
Posted: 4 days ago
London
McGregor Boyall
Rate: £600 - £720 per day
Posted: 4 days ago
City, London
McGregor Boyall
Rate: £650 - £800 per day
Posted: 4 days ago
City, London
McGregor Boyall
Rate: £600 - £700 per day
Posted: 4 days ago
City, London
Hays Finance Technology
Rate: £600 - £700 per day + Highly negotiable
Posted: 5 days ago
London
Hays IT - Uk Posting account
Rate: £600 - £700 per day + Highly negotiable
Posted: 5 days ago
City, London
TEKsystems
Rate: £600 - £700 per day
Posted: 5 days ago
City, London
TEKsystems
Rate: £600 - £800 per day
Posted: 6 days ago