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 31 July 2015 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
31 Jul 2015
Same period 2014 Same period 2013
Ultra-Low Latency
Rank 611 586 562
Rank change year-on-year
-25 -24
Contract jobs citing Ultra-Low Latency 9 25 17
As % of all contract IT jobs located in the UK 0.016% 0.046% 0.033%
As % of the Processes & Methodologies category 0.020% 0.060% 0.044%
Number of daily rates quoted 8 18 15
Average daily rate
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£700 £550 £575
Average daily rate % change year-on-year
+27.27% -4.34%
UK excluding London average daily rate £625 £350 £275
% change year-on-year
+78.57% +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
44182 41616 38228
As % of all contract IT jobs located in the UK 77.70% 76.15% 74.80%
Number of daily rates quoted 28632 25727 23174
Average daily rate £415 £400 £405
Average daily rate % change year-on-year
+3.75% -1.23%
90% offered a daily rate of more than £285 £275 £270
10% offered a daily rate of more than £575 £563 £575
UK excluding London average daily rate £388 £375 £375
% change year-on-year
+3.33% -
Number of hourly rates quoted 1181 1176 1105
Average hourly rate £30.00 £25.00 £30.50
Average hourly rate % change year-on-year
+20.00% -18.03%
90% offered a hourly rate of more than £12.50 £12.85 £12.50
10% offered a hourly rate of more than £52.17 £50.00 £50.00
UK excluding London average hourly rate £30.50 £26.50 £31.00
% change year-on-year
+15.09% -14.51%

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 31 July 2015.

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 31 July 2015. 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 -15 8 £700 +27.27% 6
England -42 8 £700 +27.27% 6
City of London -19 1 £438 -20.45% 5

Ultra-Low Latency
Top 30 Related IT Skills

For the 6 months to 31 July 2015, 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 22 (62.86%) Front Office
3 18 (51.43%) Foreign Exchange (FX)
4 17 (48.57%) Java
5 15 (42.86%) Multithreading
6 10 (28.57%) Finance
6 10 (28.57%) Cisco Certification
7 9 (25.71%) Cisco
7 9 (25.71%) Juniper
7 9 (25.71%) C++
7 9 (25.71%) Derivative
8 8 (22.86%) CCIE
8 8 (22.86%) OSPF
8 8 (22.86%) BGP
9 7 (20.00%) Banking
9 7 (20.00%) UNIX
9 7 (20.00%) Multicast
9 7 (20.00%) Data Centre
10 6 (17.14%) HSRP
10 6 (17.14%) Junos
10 6 (17.14%) Credit Derivative
10 6 (17.14%) Network Design
10 6 (17.14%) TCP/IP
10 6 (17.14%) Equities
10 6 (17.14%) IPsec
10 6 (17.14%) VRRP
11 5 (14.29%) Wireless
11 5 (14.29%) MPLS
11 5 (14.29%) LAN
11 5 (14.29%) WLAN

Ultra-Low Latency
Top Related IT Skills by Category

For the 6 months to 31 July 2015, 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.

Applications
1 2 (5.71%) MS Visio
Communications & Networking
1 8 (22.86%) OSPF
1 8 (22.86%) BGP
2 7 (20.00%) Multicast
3 6 (17.14%) Junos
3 6 (17.14%) HSRP
3 6 (17.14%) IPsec
3 6 (17.14%) VRRP
3 6 (17.14%) TCP/IP
4 5 (14.29%) LAN
4 5 (14.29%) WLAN
4 5 (14.29%) WAN
4 5 (14.29%) MPLS
4 5 (14.29%) Wireless
5 4 (11.43%) IGMP
5 4 (11.43%) Gigabit Ethernet
5 4 (11.43%) GLBP
5 4 (11.43%) Cisco Nexus
5 4 (11.43%) Ethernet
5 4 (11.43%) Firewall
6 3 (8.57%) Internet
General
1 22 (62.86%) Front Office
2 10 (28.57%) Finance
3 7 (20.00%) Banking
4 2 (5.71%) Investment Banking
5 1 (2.86%) Legal
Job Titles
1 23 (65.71%) Developer
2 17 (48.57%) Java Developer
3 6 (17.14%) C++ Developer
3 6 (17.14%) Network Engineer
4 5 (14.29%) Design Engineer
4 5 (14.29%) Network Design Engineer
5 3 (8.57%) Senior Network Design Engineer
5 3 (8.57%) Senior Design Engineer
5 3 (8.57%) Senior Network Engineer
6 2 (5.71%) Firewall Engineer
7 1 (2.86%) Project Manager
7 1 (2.86%) Core Java Developer
7 1 (2.86%) Senior Java Developer
7 1 (2.86%) Front Office Developer
7 1 (2.86%) Senior Developer
Libraries, Frameworks & Software Standards
1 5 (14.29%) FIX Protocol
2 3 (8.57%) JMS
3 2 (5.71%) Rendezvous
3 2 (5.71%) TIBCO EMS
3 2 (5.71%) Ultra Messaging
4 1 (2.86%) REST
4 1 (2.86%) AngularJS
4 1 (2.86%) Akka
4 1 (2.86%) STL
4 1 (2.86%) Boost C++ Libraries
4 1 (2.86%) RabbitMQ
4 1 (2.86%) ActiveMQ
4 1 (2.86%) Spring
Miscellaneous
1 18 (51.43%) Foreign Exchange (FX)
2 9 (25.71%) Derivative
3 7 (20.00%) Data Centre
4 6 (17.14%) Equities
4 6 (17.14%) Credit Derivative
5 5 (14.29%) Algorithms
6 3 (8.57%) Equity Derivative
7 2 (5.71%) Eurex
7 2 (5.71%) Clustering
8 1 (2.86%) Computer Science
8 1 (2.86%) Index Arbitrage
8 1 (2.86%) Statistical Arbitrage
8 1 (2.86%) Hedge funds
8 1 (2.86%) Fixed Income
Operating Systems
1 7 (20.00%) UNIX
2 2 (5.71%) Windows
2 2 (5.71%) Solaris
2 2 (5.71%) Linux
Processes & Methodologies
1 35 (100.00%) Low Latency
2 15 (42.86%) Multithreading
3 6 (17.14%) Network Design
4 5 (14.29%) E-Commerce
5 4 (11.43%) Algorithmic Trading
6 3 (8.57%) Enterprise Architecture
6 3 (8.57%) Garbage Collection
7 2 (5.71%) BDD
7 2 (5.71%) Market Making
7 2 (5.71%) Load Balancing
7 2 (5.71%) Electronic Trading
7 2 (5.71%) Stakeholder Management
7 2 (5.71%) Scrum
7 2 (5.71%) Risk Assessment
7 2 (5.71%) Agile Software Development
7 2 (5.71%) TDD
8 1 (2.86%) Project Management
8 1 (2.86%) Change Management
8 1 (2.86%) Software Engineering
8 1 (2.86%) Kanban
Programming Languages
1 17 (48.57%) Java
2 9 (25.71%) C++
3 2 (5.71%) Perl
3 2 (5.71%) Tcl
4 1 (2.86%) Scala
Qualifications
1 10 (28.57%) Cisco Certification
2 8 (22.86%) CCIE
3 3 (8.57%) CCNP
3 3 (8.57%) Check Point Certification
3 3 (8.57%) CCSA
4 2 (5.71%) SC Cleared
4 2 (5.71%) Security Cleared
5 1 (2.86%) CCNA
5 1 (2.86%) Degree
Vendors
1 9 (25.71%) Juniper
1 9 (25.71%) Cisco
2 4 (11.43%) SevOne
3 3 (8.57%) Sybase
3 3 (8.57%) CheckPoint
4 2 (5.71%) TIBCO
4 2 (5.71%) Blue Coat
5 1 (2.86%) Aruba
5 1 (2.86%) F5
5 1 (2.86%) Sun
5 1 (2.86%) Remedy