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 22 September 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
22 Sep 2014
Same period 2013 Same period 2012
Ultra-Low Latency
Rank 584 557 582
Rank change year-on-year
-27 +25
Contract jobs citing Ultra-Low Latency 22 17 11
As % of all contract IT jobs located in the UK 0.038% 0.032% 0.019%
As % of the Processes & Methodologies category 0.051% 0.043% 0.026%
Number of daily rates quoted 17 12 11
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£700 £575 £650
Average daily rate % change year-on-year
+21.73% -11.53%
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 - - -

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
42741 39110 42091
As % of all contract IT jobs located in the UK 73.95% 74.08% 71.98%
Number of daily rates quoted 26680 24151 24372
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 £265
10% offered a daily rate of more than £575 £575 £575
UK excluding London average daily rate £375 £368 £363
% change year-on-year
+2.04% +1.37%
Number of hourly rates quoted 1185 1098 1551
Average hourly rate £24.00 £27.50 £31.00
Average hourly rate % change year-on-year
-12.72% -11.29%
90% offered a hourly rate of more than £12.50 £12.00 £12.50
10% offered a hourly rate of more than £53.50 £46.00 £46.00
UK excluding London average hourly rate £26.00 £30.00 £30.00
% change year-on-year
-13.33% -

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 22 September 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 22 September 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 -29 22 £700 +21.73% 3
London +11 18 £700 +21.73% 3
City of London +20 4 £725 +26.08% 3
West Midlands - 4 £350 -
Birmingham - 4 £350 -

Ultra-Low Latency
Top 30 Related IT Skills

For the 6 months to 22 September 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 47 (100.00%) Low Latency
2 20 (42.55%) Foreign Exchange (FX)
3 19 (40.43%) Front Office
3 19 (40.43%) Java
3 19 (40.43%) UNIX
3 19 (40.43%) Banking
4 17 (36.17%) C++
4 17 (36.17%) Linux
5 13 (27.66%) Multithreading
6 12 (25.53%) Investment Banking
6 12 (25.53%) Finance
7 10 (21.28%) Firewall
7 10 (21.28%) Solaris
8 9 (19.15%) 29West
8 9 (19.15%) BGP
8 9 (19.15%) E-Commerce
9 8 (17.02%) Cisco Certification
9 8 (17.02%) Risk Management
9 8 (17.02%) Hedge funds
10 7 (14.89%) Algorithmic Trading
10 7 (14.89%) OSPF
10 7 (14.89%) Cisco
11 6 (12.77%) C
11 6 (12.77%) Internet
11 6 (12.77%) Electronic Trading
11 6 (12.77%) Multicast
12 5 (10.64%) Juniper
12 5 (10.64%) Shell Script
12 5 (10.64%) Financial Institution
12 5 (10.64%) Migration

Ultra-Low Latency
Top Related IT Skills by Category

For the 6 months to 22 September 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 3 (6.38%) TIBCO EMS
2 1 (2.13%) Confluence
2 1 (2.13%) WebLogic
2 1 (2.13%) Apache
2 1 (2.13%) WebSphere
Applications
1 2 (4.26%) MS Visio
Business Applications
1 3 (6.38%) RMDS
Communications & Networking
1 10 (21.28%) Firewall
2 9 (19.15%) BGP
3 7 (14.89%) OSPF
4 6 (12.77%) Internet
4 6 (12.77%) Multicast
5 5 (10.64%) LAN
5 5 (10.64%) WAN
6 4 (8.51%) TCP/IP
6 4 (8.51%) VPN
6 4 (8.51%) Extranet
7 3 (6.38%) MPLS
7 3 (6.38%) DNS
7 3 (6.38%) Wi-Fi
7 3 (6.38%) Junos
8 2 (4.26%) SSH
8 2 (4.26%) EIGRP
8 2 (4.26%) Network Security
8 2 (4.26%) Cisco ASA
8 2 (4.26%) LDAP
9 1 (2.13%) tcpdump
Database & Business Intelligence
1 2 (4.26%) MySQL
Development Applications
1 1 (2.13%) Subversion
1 1 (2.13%) JIRA
1 1 (2.13%) Git (software)
General
1 19 (40.43%) Front Office
1 19 (40.43%) Banking
2 12 (25.53%) Investment Banking
2 12 (25.53%) Finance
3 5 (10.64%) Financial Institution
4 2 (4.26%) Telecoms
5 1 (2.13%) Games
Job Titles
1 18 (38.30%) Developer
2 10 (21.28%) Java Developer
3 8 (17.02%) C++ Developer
3 8 (17.02%) Architect
4 6 (12.77%) Network Engineer
5 4 (8.51%) Firewall Engineer
6 3 (6.38%) Senior Architect
6 3 (6.38%) Senior Network Architect
6 3 (6.38%) Applications Architect
6 3 (6.38%) Network Architect
6 3 (6.38%) Senior Network Engineer
7 2 (4.26%) Consultant
8 1 (2.13%) Systems Support
8 1 (2.13%) Support Engineer
8 1 (2.13%) Performance Analyst
8 1 (2.13%) UNIX Support
8 1 (2.13%) Cisco Engineer
8 1 (2.13%) Cisco Network Engineer
8 1 (2.13%) Project Manager
8 1 (2.13%) Analyst
Libraries, Frameworks & Software Standards
1 4 (8.51%) JMS
2 3 (6.38%) Rendezvous
2 3 (6.38%) STL
3 2 (4.26%) FIX Protocol
3 2 (4.26%) Boost C++ Libraries
4 1 (2.13%) RabbitMQ
4 1 (2.13%) .NET
4 1 (2.13%) WCF
4 1 (2.13%) LINQ
4 1 (2.13%) XML
4 1 (2.13%) XSLT
4 1 (2.13%) Middleware
4 1 (2.13%) Java SE
4 1 (2.13%) Java EE
Miscellaneous
1 20 (42.55%) Foreign Exchange (FX)
2 8 (17.02%) Hedge funds
3 4 (8.51%) Equities
4 2 (4.26%) Clustering
5 1 (2.13%) Spread Betting
Operating Systems
1 19 (40.43%) UNIX
2 17 (36.17%) Linux
3 10 (21.28%) Solaris
4 2 (4.26%) Red Hat Enterprise Linux
4 2 (4.26%) Windows
5 1 (2.13%) SUSE
Processes & Methodologies
1 47 (100.00%) Low Latency
2 13 (27.66%) Multithreading
3 9 (19.15%) E-Commerce
4 8 (17.02%) Risk Management
5 7 (14.89%) Algorithmic Trading
6 6 (12.77%) Electronic Trading
7 5 (10.64%) Migration
8 3 (6.38%) Investment Management
9 2 (4.26%) Risk Assessment
9 2 (4.26%) Load Balancing
9 2 (4.26%) Mentoring
10 1 (2.13%) Performance Testing
10 1 (2.13%) PRINCE2
10 1 (2.13%) Project Management
10 1 (2.13%) Network Design
10 1 (2.13%) Change Control
10 1 (2.13%) Kernel Tuning
10 1 (2.13%) Performance Tuning
10 1 (2.13%) Performance Analysis
10 1 (2.13%) DevOps
Programming Languages
1 19 (40.43%) Java
2 17 (36.17%) C++
3 6 (12.77%) C
4 5 (10.64%) SQL
4 5 (10.64%) Shell Script
5 3 (6.38%) Python
5 3 (6.38%) JavaScript
6 2 (4.26%) Perl
6 2 (4.26%) C#
6 2 (4.26%) Tcl
6 2 (4.26%) Bash Shell
Qualifications
1 8 (17.02%) Cisco Certification
2 5 (10.64%) CCIE
2 5 (10.64%) CCNP
3 3 (6.38%) Check Point Certification
3 3 (6.38%) CCSA
4 2 (4.26%) SC Cleared
4 2 (4.26%) Security Cleared
5 1 (2.13%) CCNA
5 1 (2.13%) Degree
5 1 (2.13%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 2 (4.26%) ISO/IEC 27001
System Software
1 1 (2.13%) Squid
Systems Management
1 1 (2.13%) Puppet
1 1 (2.13%) ITRS Geneos
Vendors
1 9 (19.15%) 29West
2 7 (14.89%) Cisco
3 5 (10.64%) Juniper
4 4 (8.51%) TIBCO
5 3 (6.38%) Blue Coat
5 3 (6.38%) Red Hat
5 3 (6.38%) CheckPoint
5 3 (6.38%) Oracle
6 2 (4.26%) F5
7 1 (2.13%) JBoss
7 1 (2.13%) Sun