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 19 December 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
19 Dec 2014
Same period 2013 Same period 2012
Ultra-Low Latency
Rank 563 570 552
Rank change year-on-year
+7 -18
Contract jobs citing Ultra-Low Latency 32 12 5
As % of all contract IT jobs located in the UK 0.058% 0.023% 0.010%
As % of the Processes & Methodologies category 0.078% 0.032% 0.014%
Number of daily rates quoted 31 11 5
Average daily rate
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£675 £650 £650
Average daily rate % change year-on-year
+3.84% -
UK excluding London average daily rate - - -
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
41096 38070 35468
As % of all contract IT jobs located in the UK 74.49% 73.77% 71.46%
Number of daily rates quoted 26903 23461 20857
Average daily rate £421 £400 £400
Average daily rate % change year-on-year
+5.12% -
90% offered a daily rate of more than £280 £270 £267
10% offered a daily rate of more than £580 £575 £575
UK excluding London average daily rate £388 £365 £365
% change year-on-year
+6.16% -
Number of hourly rates quoted 1109 1170 1452
Average hourly rate £24.00 £26.00 £30.00
Average hourly rate % change year-on-year
-7.69% -13.33%
90% offered a hourly rate of more than £11.50 £12.50 £12.50
10% offered a hourly rate of more than £47.50 £44.90 £45.00
UK excluding London average hourly rate £25.00 £27.00 £30.00
% change year-on-year
-7.40% -10.00%

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 19 December 2014.

Ultra-Low Latency Daily Rate Histogram in the UK

Ultra-Low Latency
Top 5 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 19 December 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
London +35 32 £675 +3.84% 4
England -10 32 £675 +3.84% 5
City of London +17 17 £725 +11.53% 2
Scotland - - - -
Glasgow - - - -

Ultra-Low Latency
Top 30 Related IT Skills

For the 6 months to 19 December 2014, 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 54 (100.00%) Low Latency
2 39 (72.22%) Foreign Exchange (FX)
3 36 (66.67%) Front Office
4 35 (64.81%) Java
5 27 (50.00%) Banking
6 25 (46.30%) Investment Banking
7 20 (37.04%) E-Commerce
8 18 (33.33%) Multithreading
9 15 (27.78%) Migration
10 14 (25.93%) Linux
11 13 (24.07%) C++
11 13 (24.07%) UNIX
12 12 (22.22%) Electronic Trading
13 10 (18.52%) Finance
14 8 (14.81%) FIX Protocol
15 7 (12.96%) Algorithmic Trading
15 7 (12.96%) Hedge funds
15 7 (12.96%) 29West
16 6 (11.11%) STL
16 6 (11.11%) Solaris
17 5 (9.26%) Perl
17 5 (9.26%) JMS
17 5 (9.26%) VPN
17 5 (9.26%) Red Hat
17 5 (9.26%) Firewall
17 5 (9.26%) Internet
17 5 (9.26%) Extranet
17 5 (9.26%) TIBCO
17 5 (9.26%) Rendezvous
17 5 (9.26%) Algorithms

Ultra-Low Latency
Top Related IT Skills by Category

For the 6 months to 19 December 2014, 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.

Application Platforms
1 5 (9.26%) TIBCO EMS
2 1 (1.85%) Apache
2 1 (1.85%) Confluence
Applications
1 3 (5.56%) MS Visio
Business Applications
1 1 (1.85%) RMDS
Communications & Networking
1 5 (9.26%) VPN
1 5 (9.26%) Firewall
1 5 (9.26%) Internet
1 5 (9.26%) Extranet
2 4 (7.41%) TCP/IP
3 3 (5.56%) DNS
3 3 (5.56%) OSPF
3 3 (5.56%) BGP
3 3 (5.56%) tcpdump
3 3 (5.56%) Junos
3 3 (5.56%) Network Security
4 2 (3.70%) SSH
4 2 (3.70%) LDAP
5 1 (1.85%) Multicast
5 1 (1.85%) Wireshark
Database & Business Intelligence
1 2 (3.70%) MySQL
2 1 (1.85%) KDB
Development Applications
1 1 (1.85%) Git (software)
1 1 (1.85%) Subversion
1 1 (1.85%) JIRA
General
1 36 (66.67%) Front Office
2 27 (50.00%) Banking
3 25 (46.30%) Investment Banking
4 10 (18.52%) Finance
5 4 (7.41%) Financial Institution
5 4 (7.41%) Telecoms
6 1 (1.85%) Legal
6 1 (1.85%) Games
Job Titles
1 19 (35.19%) Developer
2 15 (27.78%) Architect
3 13 (24.07%) Java Developer
4 6 (11.11%) C++ Developer
5 5 (9.26%) Firewall Engineer
6 4 (7.41%) Applications Architect
7 2 (3.70%) Software Programmer
7 2 (3.70%) Senior C++ Developer
7 2 (3.70%) Senior Programmer
7 2 (3.70%) Senior C++ Programmer
7 2 (3.70%) Senior C++ Software Engineer
7 2 (3.70%) Software Developer
7 2 (3.70%) Software Engineer
7 2 (3.70%) Consultant
7 2 (3.70%) Senior Developer
7 2 (3.70%) Programmer
7 2 (3.70%) Support Engineer
7 2 (3.70%) Senior Software Engineer
7 2 (3.70%) C++ Software Engineer
7 2 (3.70%) Senior Software Developer
Libraries, Frameworks & Software Standards
1 8 (14.81%) FIX Protocol
2 6 (11.11%) STL
3 5 (9.26%) JMS
3 5 (9.26%) Rendezvous
3 5 (9.26%) Boost C++ Libraries
4 3 (5.56%) Middleware
5 1 (1.85%) .NET
Miscellaneous
1 39 (72.22%) Foreign Exchange (FX)
2 7 (12.96%) Hedge funds
3 5 (9.26%) Algorithms
3 5 (9.26%) Equities
4 3 (5.56%) Clustering
5 2 (3.70%) Fixed Income
6 1 (1.85%) Credit Derivative
6 1 (1.85%) Derivative
6 1 (1.85%) Spread Betting
Operating Systems
1 14 (25.93%) Linux
2 13 (24.07%) UNIX
3 6 (11.11%) Solaris
4 4 (7.41%) Red Hat Enterprise Linux
5 1 (1.85%) Windows
5 1 (1.85%) SUSE
Processes & Methodologies
1 54 (100.00%) Low Latency
2 20 (37.04%) E-Commerce
3 18 (33.33%) Multithreading
4 15 (27.78%) Migration
5 12 (22.22%) Electronic Trading
6 7 (12.96%) Algorithmic Trading
7 4 (7.41%) Investment Management
8 3 (5.56%) Risk Management
8 3 (5.56%) Performance Tuning
8 3 (5.56%) Mentoring
8 3 (5.56%) Risk Assessment
8 3 (5.56%) Load Balancing
9 2 (3.70%) Software Engineering
9 2 (3.70%) Market Making
9 2 (3.70%) Capacity Planning
10 1 (1.85%) Performance Analysis
10 1 (1.85%) DevOps
10 1 (1.85%) Agile Software Development
10 1 (1.85%) Performance Testing
Programming Languages
1 35 (64.81%) Java
2 13 (24.07%) C++
3 5 (9.26%) Perl
4 4 (7.41%) Bash Shell
4 4 (7.41%) Shell Script
5 3 (5.56%) Tcl
6 2 (3.70%) SQL
7 1 (1.85%) C
7 1 (1.85%) C#
Qualifications
1 4 (7.41%) Cisco Certification
1 4 (7.41%) Check Point Certification
1 4 (7.41%) CCNP
2 3 (5.56%) CCSA
2 3 (5.56%) SC Cleared
2 3 (5.56%) Security Cleared
3 1 (1.85%) CCNA
3 1 (1.85%) CCSE
3 1 (1.85%) Degree
Quality Assurance & Compliance
1 2 (3.70%) ISO/IEC 27001
System Software
1 1 (1.85%) Squid
Systems Management
1 1 (1.85%) Puppet
1 1 (1.85%) ITRS Geneos
Vendors
1 7 (12.96%) 29West
2 5 (9.26%) Red Hat
2 5 (9.26%) TIBCO
3 4 (7.41%) Blue Coat
3 4 (7.41%) CheckPoint
3 4 (7.41%) Juniper
3 4 (7.41%) Cisco
4 2 (3.70%) Cognizant
5 1 (1.85%) Oracle
5 1 (1.85%) Sun
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