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 17 April 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
17 Apr 2014
Same period 2013 Same period 2012
Ultra-Low Latency
Rank 567 538 578
Rank change year-on-year
-29 +40
Contract jobs citing Ultra-Low Latency 21 18 7
As % of all contract IT jobs located in the UK 0.037% 0.038% 0.012%
As % of the Processes & Methodologies category 0.051% 0.052% 0.017%
Number of daily rates quoted 21 15 5
Average daily rate £700 £625 £625
Average daily rate % change year-on-year
+12.00% -
UK excluding London average daily rate - - -
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
41318 34649 42090
As % of all contract IT jobs located in the UK 73.34% 72.50% 69.43%
Number of daily rates quoted 25663 20657 24013
Average daily rate £400 £405 £410
Average daily rate % change year-on-year
-1.23% -1.21%
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £563 £575 £588
UK excluding London average daily rate £375 £363 £370
% change year-on-year
+3.44% -2.02%
Number of hourly rates quoted 1168 1064 1437
Average hourly rate £28.49 £32.00 £27.50
Average hourly rate % change year-on-year
-10.98% +16.36%
90% offered a hourly rate of more than £12.49 £13.50 £13.00
10% offered a hourly rate of more than £52.50 £54.00 £45.00
UK excluding London average hourly rate £30.00 £32.00 £27.50
% change year-on-year
-6.25% +16.36%

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 17 April 2014.

Ultra-Low Latency Daily Rate Histogram in the UK

Ultra-Low Latency
Top 6 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 17 April 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
(Click each for more statistics)
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
Find
Job
Vacancies
London -31 21 £700 +12.00% 5
England -32 21 £700 +12.00% 5
City of London -12 9 £650 +4.00% 2
South East - - - -
Surrey - - - -
Guildford - - - -

Ultra-Low Latency
Top 30 Related IT Skills

For the 6 months to 17 April 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 37 (100.00%) Low Latency
2 36 (97.30%) Java
2 36 (97.30%) Foreign Exchange (FX)
3 28 (75.68%) Front Office
4 27 (72.97%) 29West
5 21 (56.76%) Banking
6 19 (51.35%) TIBCO
7 18 (48.65%) Rendezvous
8 17 (45.95%) JMS
9 15 (40.54%) C++
10 14 (37.84%) C
10 14 (37.84%) Multithreading
11 12 (32.43%) TIBCO EMS
12 11 (29.73%) UNIX
13 10 (27.03%) Electronic Trading
14 9 (24.32%) Solaris
14 9 (24.32%) Linux
14 9 (24.32%) SQL
14 9 (24.32%) Oracle
14 9 (24.32%) RMDS
14 9 (24.32%) Risk Management
15 8 (21.62%) Finance
16 7 (18.92%) Investment Banking
17 6 (16.22%) Degree
17 6 (16.22%) Equities
18 4 (10.81%) Computer Science
18 4 (10.81%) OO
18 4 (10.81%) Software Architecture
18 4 (10.81%) Continuous Improvement
18 4 (10.81%) KDB

Ultra-Low Latency
Top Related IT Skills by Category

For the 6 months to 17 April 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 12 (32.43%) TIBCO EMS
2 1 (2.70%) WebLogic
2 1 (2.70%) WebSphere
Business Applications
1 9 (24.32%) RMDS
Database & Business Intelligence
1 4 (10.81%) KDB
General
1 28 (75.68%) Front Office
2 21 (56.76%) Banking
3 8 (21.62%) Finance
4 7 (18.92%) Investment Banking
5 1 (2.70%) Retail
Job Titles
1 36 (97.30%) Developer
1 36 (97.30%) Java Developer
2 4 (10.81%) Senior Java Developer
2 4 (10.81%) Senior Developer
3 2 (5.41%) Lead Developer
3 2 (5.41%) Lead Java Developer
Libraries, Frameworks & Software Standards
1 18 (48.65%) Rendezvous
2 17 (45.95%) JMS
3 1 (2.70%) XML
3 1 (2.70%) XSLT
3 1 (2.70%) Java SE
3 1 (2.70%) Java EE
3 1 (2.70%) WCF
3 1 (2.70%) LINQ
3 1 (2.70%) RabbitMQ
Miscellaneous
1 36 (97.30%) Foreign Exchange (FX)
2 6 (16.22%) Equities
3 4 (10.81%) Computer Science
Operating Systems
1 11 (29.73%) UNIX
2 9 (24.32%) Solaris
2 9 (24.32%) Linux
Processes & Methodologies
1 37 (100.00%) Low Latency
2 14 (37.84%) Multithreading
3 10 (27.03%) Electronic Trading
4 9 (24.32%) Risk Management
5 4 (10.81%) OO
5 4 (10.81%) Software Architecture
5 4 (10.81%) Continuous Improvement
6 2 (5.41%) E-Commerce
6 2 (5.41%) Algorithmic Trading
7 1 (2.70%) Asset Management
Programming Languages
1 36 (97.30%) Java
2 15 (40.54%) C++
3 14 (37.84%) C
4 9 (24.32%) SQL
5 1 (2.70%) C#
Qualifications
1 6 (16.22%) Degree
Vendors
1 27 (72.97%) 29West
2 19 (51.35%) TIBCO
3 9 (24.32%) Oracle
4 1 (2.70%) JBoss
London
Maclean Moore Consulting
Rate: From £200 to £400 per day
Posted: Yesterday