The first table below looks at the demand 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 23 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Processes & Methodologies category.

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
23 Jul 2014
Same period 2013 Same period 2012
Ultra-Low Latency
Rank 555 553 580
Rank change year-on-year
-2 +27
Contract jobs citing Ultra-Low Latency 25 16 7
As % of all contract IT jobs located in the UK 0.046% 0.031% 0.012%
As % of the Processes & Methodologies category 0.063% 0.043% 0.017%
Number of daily rates quoted 17 14 6
Average daily rate
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£550 £550 £650
Average daily rate % change year-on-year
- -15.38%
90% offered a daily rate of more than £380 £335 £568
10% offered a daily rate of more than £685 £750 £675
UK excluding London average daily rate £350 £275 -
% change year-on-year
+27.27% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Processes & Methodologies Category
UK
Contract IT job ads with a match in the
Processes & Methodologies category
39905 37171 40797
As % of all contract IT jobs located in the UK 74.12% 72.91% 70.44%
Number of daily rates quoted 24736 22529 23452
Average daily rate £400 £403 £400
Average daily rate % change year-on-year
-0.62% +0.62%
90% offered a daily rate of more than £275 £270 £270
10% offered a daily rate of more than £560 £575 £575
UK excluding London average daily rate £375 £375 £363
% change year-on-year
- +3.44%
Number of hourly rates quoted 1139 1072 1445
Average hourly rate £25.00 £30.00 £30.45
Average hourly rate % change year-on-year
-16.66% -1.47%
90% offered a hourly rate of more than £12.50 £12.50 £13.42
10% offered a hourly rate of more than £47.50 £47.50 £45.95
UK excluding London average hourly rate £26.50 £31.00 £32.00
% change year-on-year
-14.51% -3.12%

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 23 July 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 23 July 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 -2 25 £550 -8.33% 2
London +10 21 £550 -8.33% 2
City of London +29 10 £550 -12.00% 2
Scotland - - - -
Glasgow - - - -

Ultra-Low Latency
Top 30 Related IT Skills

For the 6 months to 23 July 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 43 (100.00%) Low Latency
2 23 (53.49%) Foreign Exchange (FX)
3 22 (51.16%) Java
4 20 (46.51%) Front Office
5 19 (44.19%) 29West
5 19 (44.19%) Banking
6 18 (41.86%) Linux
7 17 (39.53%) UNIX
8 15 (34.88%) C++
9 14 (32.56%) Solaris
9 14 (32.56%) Multithreading
10 11 (25.58%) C
10 11 (25.58%) Risk Management
10 11 (25.58%) Finance
10 11 (25.58%) TIBCO
11 10 (23.26%) Firewall
11 10 (23.26%) JMS
12 9 (20.93%) SQL
12 9 (20.93%) Rendezvous
12 9 (20.93%) BGP
13 8 (18.60%) Oracle
13 8 (18.60%) Cisco Certification
13 8 (18.60%) RMDS
13 8 (18.60%) TIBCO EMS
14 7 (16.28%) Electronic Trading
14 7 (16.28%) Cisco
14 7 (16.28%) OSPF
15 6 (13.95%) Internet
15 6 (13.95%) Investment Banking
16 5 (11.63%) Multicast

Ultra-Low Latency
Top Related IT Skills by Category

For the 6 months to 23 July 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 8 (18.60%) TIBCO EMS
2 1 (2.33%) WebLogic
2 1 (2.33%) Apache
2 1 (2.33%) WebSphere
Applications
1 2 (4.65%) MS Visio
Business Applications
1 8 (18.60%) RMDS
Communications & Networking
1 10 (23.26%) Firewall
2 9 (20.93%) BGP
3 7 (16.28%) OSPF
4 6 (13.95%) Internet
5 5 (11.63%) LAN
5 5 (11.63%) WAN
5 5 (11.63%) Multicast
6 4 (9.30%) VPN
6 4 (9.30%) Extranet
7 3 (6.98%) MPLS
7 3 (6.98%) Junos
7 3 (6.98%) Wi-Fi
8 2 (4.65%) EIGRP
8 2 (4.65%) Network Security
8 2 (4.65%) Cisco ASA
9 1 (2.33%) SSH
9 1 (2.33%) LDAP
9 1 (2.33%) DNS
9 1 (2.33%) TCP/IP
Database & Business Intelligence
1 1 (2.33%) MySQL
1 1 (2.33%) KDB
General
1 20 (46.51%) Front Office
2 19 (44.19%) Banking
3 11 (25.58%) Finance
4 6 (13.95%) Investment Banking
5 4 (9.30%) Financial Institution
6 1 (2.33%) Telecoms
Job Titles
1 28 (65.12%) Developer
2 22 (51.16%) Java Developer
3 6 (13.95%) C++ Developer
3 6 (13.95%) Network Engineer
4 4 (9.30%) Firewall Engineer
5 3 (6.98%) Senior Architect
5 3 (6.98%) Senior Network Architect
5 3 (6.98%) Architect
5 3 (6.98%) Network Architect
5 3 (6.98%) Senior Network Engineer
6 2 (4.65%) Senior Developer
6 2 (4.65%) Senior Java Developer
7 1 (2.33%) Lead Java Developer
7 1 (2.33%) Project Manager
7 1 (2.33%) Support Engineer
7 1 (2.33%) Lead Developer
7 1 (2.33%) Cisco Engineer
7 1 (2.33%) Cisco Network Engineer
Libraries, Frameworks & Software Standards
1 10 (23.26%) JMS
2 9 (20.93%) Rendezvous
3 1 (2.33%) Java SE
3 1 (2.33%) Java EE
3 1 (2.33%) FIX Protocol
3 1 (2.33%) WCF
3 1 (2.33%) LINQ
3 1 (2.33%) RabbitMQ
3 1 (2.33%) XML
3 1 (2.33%) XSLT
Miscellaneous
1 23 (53.49%) Foreign Exchange (FX)
2 5 (11.63%) Equities
3 4 (9.30%) Hedge funds
4 2 (4.65%) Clustering
5 1 (2.33%) Computer Science
Operating Systems
1 18 (41.86%) Linux
2 17 (39.53%) UNIX
3 14 (32.56%) Solaris
4 1 (2.33%) Windows
4 1 (2.33%) Red Hat Enterprise Linux
Processes & Methodologies
1 43 (100.00%) Low Latency
2 14 (32.56%) Multithreading
3 11 (25.58%) Risk Management
4 7 (16.28%) Electronic Trading
5 5 (11.63%) E-Commerce
6 2 (4.65%) Risk Assessment
6 2 (4.65%) Load Balancing
6 2 (4.65%) Algorithmic Trading
6 2 (4.65%) Investment Management
7 1 (2.33%) Software Architecture
7 1 (2.33%) Continuous Improvement
7 1 (2.33%) Change Control
7 1 (2.33%) Kernel Tuning
7 1 (2.33%) Network Design
7 1 (2.33%) Project Management
7 1 (2.33%) PRINCE2
7 1 (2.33%) OO
Programming Languages
1 22 (51.16%) Java
2 15 (34.88%) C++
3 11 (25.58%) C
4 9 (20.93%) SQL
5 4 (9.30%) Shell Script
6 3 (6.98%) Python
6 3 (6.98%) JavaScript
7 2 (4.65%) Perl
7 2 (4.65%) Tcl
8 1 (2.33%) Bash Shell
8 1 (2.33%) C#
Qualifications
1 8 (18.60%) Cisco Certification
2 5 (11.63%) CCIE
2 5 (11.63%) CCNP
3 3 (6.98%) Check Point Certification
3 3 (6.98%) CCSA
3 3 (6.98%) Degree
4 2 (4.65%) SC Cleared
4 2 (4.65%) Security Cleared
5 1 (2.33%) CCNA
5 1 (2.33%) PRINCE2 Practitioner
System Software
1 1 (2.33%) Squid
Vendors
1 19 (44.19%) 29West
2 11 (25.58%) TIBCO
3 8 (18.60%) Oracle
4 7 (16.28%) Cisco
5 5 (11.63%) Juniper
6 3 (6.98%) Blue Coat
6 3 (6.98%) CheckPoint
7 2 (4.65%) F5
8 1 (2.33%) Red Hat
8 1 (2.33%) Sun
8 1 (2.33%) JBoss
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