The table below looks at the statistics for Ultra-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 Ultra-Low Latency over the 3 months to 28 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
28 May 2015
Same period 2014 Same period 2013
Ultra-Low Latency
Rank 576 575 531
Rank change year-on-year
-1 -44
Contract jobs citing Ultra-Low Latency 21 18 14
As % of all contract IT jobs located in the UK 0.038% 0.033% 0.030%
As % of the Processes & Methodologies category 0.049% 0.044% 0.040%
Number of daily rates quoted 18 15 14
Average daily rate
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£663 £625 £625
Average daily rate % change year-on-year
+6.00% -
90% offered a daily rate of more than £295 £410 £489
10% offered a daily rate of more than £725 £700 £768
UK excluding London average daily rate £295 - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
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
42506 40759 35272
As % of all contract IT jobs located in the UK 77.19% 75.21% 74.52%
Number of daily rates quoted 27024 25787 21116
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 £550 £575
UK excluding London average daily rate £388 £375 £365
% change year-on-year
+3.33% +2.73%
Number of hourly rates quoted 1222 1202 1055
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 £12.35 £12.50 £13.50
10% offered a hourly rate of more than £47.71 £50.00 £47.50
UK excluding London average hourly rate £30.00 £30.00 £32.00
% change year-on-year
- -6.25%

Ultra-Low Latency
Jobs Demand Trend

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

Ultra-Low Latency Jobs Demand Trend in the UK

Ultra-Low Latency
Daily Rate Trend

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

Ultra-Low Latency Daily Rate Trend in the UK

Ultra-Low Latency
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Ultra-Low Latency within the UK over the 3 months to 28 May 2015.

Ultra-Low Latency Daily Rate Histogram in the UK

Ultra-Low Latency
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Ultra-Low Latency within the UK over the 3 months to 28 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 21 £663 +6.00% 7
London +18 18 £675 +8.00% 6
City of London +6 3 £625 +4.16% 4
Birmingham - 3 £295 -
West Midlands - 3 £295 -
Canary Wharf - 2 £500 -
Docklands, London -4 1 - -

Ultra-Low Latency
Top 30 Related IT Skills

For the 6 months to 28 May 2015, IT contractor jobs within the UK citing Ultra-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 Ultra-Low Latency.

1 57 (100.00%) Low Latency
2 46 (80.70%) Front Office
3 42 (73.68%) Foreign Exchange (FX)
4 40 (70.18%) Java
5 23 (40.35%) Multithreading
6 16 (28.07%) Electronic Trading
7 15 (26.32%) UNIX
8 13 (22.81%) C++
9 12 (21.05%) Finance
10 11 (19.30%) Derivative
11 10 (17.54%) Cisco Certification
12 9 (15.79%) Juniper
12 9 (15.79%) Cisco
12 9 (15.79%) Banking
13 8 (14.04%) Credit Derivative
13 8 (14.04%) BGP
13 8 (14.04%) TIBCO
13 8 (14.04%) Rendezvous
13 8 (14.04%) OSPF
13 8 (14.04%) CCIE
13 8 (14.04%) JMS
13 8 (14.04%) TIBCO EMS
13 8 (14.04%) Ultra Messaging
14 7 (12.28%) Multicast
14 7 (12.28%) Data Centre
15 6 (10.53%) Algorithms
15 6 (10.53%) HSRP
15 6 (10.53%) Junos
15 6 (10.53%) FIX Protocol
15 6 (10.53%) TCP/IP

Ultra-Low Latency
Top Related IT Skills by Category

For the 6 months to 28 May 2015, IT contractor jobs within the UK citing Ultra-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 Ultra-Low Latency. Up to 20 skills are shown per category.

Applications
1 2 (3.51%) MS Visio
Communications & Networking
1 8 (14.04%) BGP
1 8 (14.04%) OSPF
2 7 (12.28%) Multicast
3 6 (10.53%) HSRP
3 6 (10.53%) Junos
3 6 (10.53%) TCP/IP
3 6 (10.53%) IPsec
3 6 (10.53%) VRRP
4 5 (8.77%) MPLS
4 5 (8.77%) LAN
4 5 (8.77%) WLAN
4 5 (8.77%) WAN
4 5 (8.77%) Wireless
5 4 (7.02%) GLBP
5 4 (7.02%) Cisco Nexus
5 4 (7.02%) Ethernet
5 4 (7.02%) Firewall
5 4 (7.02%) IGMP
5 4 (7.02%) Gigabit Ethernet
6 3 (5.26%) VPN
Database & Business Intelligence
1 1 (1.75%) KDB
General
1 46 (80.70%) Front Office
2 12 (21.05%) Finance
3 9 (15.79%) Banking
4 4 (7.02%) Investment Banking
5 1 (1.75%) Legal
Job Titles
1 46 (80.70%) Developer
2 40 (70.18%) Java Developer
3 6 (10.53%) Network Engineer
3 6 (10.53%) C++ Developer
4 5 (8.77%) Design Engineer
4 5 (8.77%) Network Design Engineer
5 3 (5.26%) Senior Network Engineer
5 3 (5.26%) Senior Design Engineer
5 3 (5.26%) Senior Network Design Engineer
6 2 (3.51%) Firewall Engineer
6 2 (3.51%) Senior Java Developer
6 2 (3.51%) Senior Developer
7 1 (1.75%) Front Office Developer
Libraries, Frameworks & Software Standards
1 8 (14.04%) Rendezvous
1 8 (14.04%) JMS
1 8 (14.04%) TIBCO EMS
1 8 (14.04%) Ultra Messaging
2 6 (10.53%) FIX Protocol
Miscellaneous
1 42 (73.68%) Foreign Exchange (FX)
2 11 (19.30%) Derivative
3 8 (14.04%) Credit Derivative
4 7 (12.28%) Data Centre
5 6 (10.53%) Algorithms
5 6 (10.53%) Equities
6 3 (5.26%) Equity Derivative
7 2 (3.51%) Eurex
7 2 (3.51%) Clustering
8 1 (1.75%) Computer Science
8 1 (1.75%) Hedge funds
Operating Systems
1 15 (26.32%) UNIX
2 2 (3.51%) Windows
2 2 (3.51%) Solaris
2 2 (3.51%) Linux
Processes & Methodologies
1 57 (100.00%) Low Latency
2 23 (40.35%) Multithreading
3 16 (28.07%) Electronic Trading
4 6 (10.53%) Network Design
5 4 (7.02%) Algorithmic Trading
6 3 (5.26%) E-Commerce
6 3 (5.26%) Garbage Collection
6 3 (5.26%) Enterprise Architecture
7 2 (3.51%) Load Balancing
7 2 (3.51%) Stakeholder Management
7 2 (3.51%) Risk Assessment
8 1 (1.75%) Change Management
8 1 (1.75%) Market Making
8 1 (1.75%) Security Architecture
8 1 (1.75%) Network Architecture
8 1 (1.75%) Capacity Planning
8 1 (1.75%) Performance Tuning
Programming Languages
1 40 (70.18%) Java
2 13 (22.81%) C++
3 4 (7.02%) C
4 2 (3.51%) Perl
4 2 (3.51%) Tcl
Qualifications
1 10 (17.54%) Cisco Certification
2 8 (14.04%) CCIE
3 3 (5.26%) CCSA
3 3 (5.26%) CCNP
3 3 (5.26%) Check Point Certification
4 2 (3.51%) SC Cleared
4 2 (3.51%) Security Cleared
5 1 (1.75%) CCNA
5 1 (1.75%) Degree
Vendors
1 9 (15.79%) Juniper
1 9 (15.79%) Cisco
2 8 (14.04%) TIBCO
3 4 (7.02%) SevOne
4 3 (5.26%) CheckPoint
4 3 (5.26%) Sybase
5 2 (3.51%) Blue Coat
6 1 (1.75%) Remedy
6 1 (1.75%) Sun
6 1 (1.75%) Aruba
6 1 (1.75%) F5
City, London
Oliver Bernard
Rate: Up to £625 per day - 6 month contract
Posted: 19 hours ago
London
McGregor Boyall
Rate: £600 - £800 per day
Posted: 6 days ago