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 8 February 2016 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
8 Feb 2016
Same period 2015 Same period 2014
Ultra-Low Latency
Rank 602 576 557
Rank change year-on-year
-26 -19
Contract jobs citing Ultra-Low Latency 26 33 25
As % of all contract IT jobs located in the UK 0.051% 0.064% 0.051%
As % of the Processes & Methodologies category 0.062% 0.082% 0.067%
Number of daily rates quoted 22 33 25
Average daily rate £600 £650 £700
Average daily rate % change year-on-year
-7.69% -7.14%
90% offered a daily rate of more than £450 £625 £635
10% offered a daily rate of more than £675 £700 £830
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
41761 40034 37146
As % of all contract IT jobs located in the UK 81.19% 77.60% 76.48%
Number of daily rates quoted 27350 25609 22516
Average daily rate £425 £422 £400
Average daily rate % change year-on-year
+0.71% +5.50%
90% offered a daily rate of more than £298 £285 £270
10% offered a daily rate of more than £600 £575 £575
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 1211 1053 1129
Average hourly rate £39.27 £26.00 £27.50
Average hourly rate % change year-on-year
+51.03% -5.45%
90% offered a hourly rate of more than £13.00 £12.00 £12.50
10% offered a hourly rate of more than £57.00 £46.50 £52.40
UK excluding London average hourly rate £40.00 £27.50 £27.50
% change year-on-year
+45.45% -

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 8 February 2016.

Ultra-Low Latency Daily Rate Histogram in the UK

Ultra-Low Latency
Top 3 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 8 February 2016. 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 +3 26 £600 -7.69% 4
England -18 26 £600 -7.69% 4
City of London +32 4 £625 -3.84% 2

Ultra-Low Latency
Top 30 Related IT Skills

For the 6 months to 8 February 2016, 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 35 (100.00%) Low Latency
2 19 (54.29%) Foreign Exchange (FX)
3 18 (51.43%) Java
3 18 (51.43%) Finance
4 14 (40.00%) Unix
5 12 (34.29%) Equities
6 11 (31.43%) Algorithmic Trading
7 10 (28.57%) Market Making
7 10 (28.57%) Banking
7 10 (28.57%) Front Office
7 10 (28.57%) JavaScript
7 10 (28.57%) Tomcat
7 10 (28.57%) Python
8 9 (25.71%) Perl
8 9 (25.71%) J2EE
8 9 (25.71%) Hibernate
8 9 (25.71%) Data Management
8 9 (25.71%) ITRS Geneos
8 9 (25.71%) DevOps
8 9 (25.71%) Fintech
8 9 (25.71%) Splunk
8 9 (25.71%) KDB
8 9 (25.71%) Maven
9 8 (22.86%) Spring
9 8 (22.86%) Electronic Trading
9 8 (22.86%) JMS
10 7 (20.00%) Agile Software Development
10 7 (20.00%) Fixed Income
11 6 (17.14%) Unit Testing
12 5 (14.29%) Atlassian Bamboo

Ultra-Low Latency
Top Related IT Skills by Category

For the 6 months to 8 February 2016, 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 10 (28.57%) Tomcat
2 3 (8.57%) JBoss
2 3 (8.57%) WebLogic
2 3 (8.57%) WebSphere
Communications & Networking
1 5 (14.29%) TCP/IP
2 3 (8.57%) BGP
2 3 (8.57%) DHCP
2 3 (8.57%) DNS
2 3 (8.57%) EIGRP
2 3 (8.57%) F5 BIG-IP GTM
2 3 (8.57%) F5 BIG-IP LTM
2 3 (8.57%) Firewall
2 3 (8.57%) HSRP
2 3 (8.57%) IPsec
2 3 (8.57%) Multicast
2 3 (8.57%) OSPF
2 3 (8.57%) Spanning Tree
2 3 (8.57%) VRRP
3 1 (2.86%) HTTP
Database & Business Intelligence
1 9 (25.71%) KDB
2 2 (5.71%) Tick Data
Development Applications
1 9 (25.71%) Maven
2 5 (14.29%) Atlassian Bamboo
2 5 (14.29%) Git (software)
General
1 18 (51.43%) Finance
2 10 (28.57%) Banking
2 10 (28.57%) Front Office
3 2 (5.71%) Legal
4 1 (2.86%) Investment Banking
Job Titles
1 20 (57.14%) Developer
2 18 (51.43%) Java Developer
3 9 (25.71%) Analyst
3 9 (25.71%) Banking Analyst
3 9 (25.71%) Unix Analyst
4 8 (22.86%) FX Support Analyst
4 8 (22.86%) Support Analyst
4 8 (22.86%) Unix Support
4 8 (22.86%) Unix Support Analyst
5 7 (20.00%) Senior Developer
5 7 (20.00%) Senior Java Developer
6 4 (11.43%) Linux/Unix DevOps
7 3 (8.57%) Operational Support Analyst
7 3 (8.57%) Operations Analyst
7 3 (8.57%) Operations Support Analyst
8 2 (5.71%) C++ Developer
8 2 (5.71%) Data Network Engineer
8 2 (5.71%) Electronic Trading Developer
8 2 (5.71%) Network Engineer
8 2 (5.71%) Senior Network Engineer
Libraries, Frameworks & Software Standards
1 9 (25.71%) Hibernate
1 9 (25.71%) J2EE
2 8 (22.86%) JMS
2 8 (22.86%) Spring
3 5 (14.29%) Ultra Messaging
4 4 (11.43%) Java SE
5 3 (8.57%) Java EE
6 2 (5.71%) ActiveMQ
6 2 (5.71%) Akka
6 2 (5.71%) AngularJS
6 2 (5.71%) FIX Protocol
6 2 (5.71%) RabbitMQ
6 2 (5.71%) Rendezvous
6 2 (5.71%) REST
6 2 (5.71%) TIBCO EMS
7 1 (2.86%) Apache Camel
7 1 (2.86%) Drools
7 1 (2.86%) SOAP
7 1 (2.86%) Web Services
7 1 (2.86%) XML
Miscellaneous
1 19 (54.29%) Foreign Exchange (FX)
2 12 (34.29%) Equities
3 9 (25.71%) Fintech
4 7 (20.00%) Fixed Income
5 3 (8.57%) Computer Science
5 3 (8.57%) Derivative
5 3 (8.57%) Equity Derivative
6 2 (5.71%) Hedge funds
7 1 (2.86%) Grid Computing
Operating Systems
1 14 (40.00%) Unix
2 5 (14.29%) Linux
3 4 (11.43%) Windows
4 1 (2.86%) Solaris
4 1 (2.86%) SUSE
Processes & Methodologies
1 35 (100.00%) Low Latency
2 11 (31.43%) Algorithmic Trading
3 10 (28.57%) Market Making
4 9 (25.71%) Data Management
4 9 (25.71%) DevOps
5 8 (22.86%) Electronic Trading
6 7 (20.00%) Agile Software Development
7 6 (17.14%) Unit Testing
8 5 (14.29%) Systems Analysis
8 5 (14.29%) Waterfall
9 3 (8.57%) Security Architecture
10 2 (5.71%) BDD
10 2 (5.71%) Change Management
10 2 (5.71%) Concurrent Programming
10 2 (5.71%) E-Commerce
10 2 (5.71%) Multithreading
10 2 (5.71%) Network Architecture
10 2 (5.71%) Scrum
10 2 (5.71%) Software Engineering
10 2 (5.71%) TDD
Programming Languages
1 18 (51.43%) Java
2 10 (28.57%) JavaScript
2 10 (28.57%) Python
3 9 (25.71%) Perl
4 4 (11.43%) C++
5 3 (8.57%) SQL
6 2 (5.71%) Scala
7 1 (2.86%) Bash Shell
7 1 (2.86%) C
7 1 (2.86%) C#
7 1 (2.86%) Korn
Qualifications
1 4 (11.43%) Degree
2 3 (8.57%) CCIE
2 3 (8.57%) Cisco Certification
Systems Management
1 9 (25.71%) ITRS Geneos
Vendors
1 9 (25.71%) Splunk
2 3 (8.57%) Aruba
2 3 (8.57%) Cisco
2 3 (8.57%) F5
2 3 (8.57%) Juniper
2 3 (8.57%) Palo Alto
3 2 (5.71%) TIBCO
4 1 (2.86%) Oracle
4 1 (2.86%) Remedy
4 1 (2.86%) ServiceNow
4 1 (2.86%) Solace
London
McGregor Boyall
Rate: £600 - £750 per day
Posted: 3 days ago
City of London
Huxley
Rate: £750 - £850 per day
Posted: 26 days ago