The first table below looks at the demand for Electronic Trading skills in IT contracts advertised for the Canary Wharf region. Included is a guide to the average contractor rates offered in IT contracts that have cited Electronic Trading over the 3 months to 22 May 2013 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 for the Canary Wharf region.

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 May 2013
Same period 2012 Same period 2011
Electronic Trading
Rank 50 42 41
Rank change year-on-year
-8 -1
Contract jobs citing Electronic Trading 2 8 17
As % of all contract IT jobs located in Canary Wharf 0.498% 2.046% 3.400%
As % of the Processes & Methodologies category 0.602% 2.614% 4.485%
Number of daily rates quoted 0 6 15
Average daily rate - £763 £650
Average daily rate % change year-on-year
- +17.30%
UK excluding London average daily rate £375 £363 -
% change year-on-year
+3.44% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Processes & Methodologies
Canary Wharf
Contract IT job ads with a match in the
Processes & Methodologies category
332 306 379
As % of all contract IT jobs located in Canary Wharf 82.59% 78.26% 75.80%
Number of daily rates quoted 254 194 284
Average daily rate £550 £550 £550
90% offered a daily rate of more than £259 £350 £425
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate £365 £365 £375
% change year-on-year
- -2.66%
Number of hourly rates quoted 0 2 3
Average hourly rate - £65.00 £15.00
Average hourly rate % change year-on-year
- +333.33%
UK excluding London average hourly rate £31.00 £25.00 £29.00
% change year-on-year
+24.00% -13.79%
Electronic Trading
London

Electronic Trading
Jobs Demand Trend

This chart provides a 3-month moving total of IT contractor jobs citing Electronic Trading across the Canary Wharf region as a proportion of the total demand within the Processes & Methodologies category.

Canary Wharf Electronic Trading Jobs Demand Trend

Electronic Trading
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Electronic Trading across the Canary Wharf region.

Canary Wharf Electronic Trading Daily Rate Trend

Electronic Trading
Top 19 Related IT Skills

For the 6 months to 22 May 2013, IT contractor jobs across the Canary Wharf region citing Electronic Trading 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 Electronic Trading.

1 3 (75.00%) Front Office
1 3 (75.00%) Banking
1 3 (75.00%) Multithreading
2 2 (50.00%) TDD
2 2 (50.00%) Subversion
2 2 (50.00%) Java
2 2 (50.00%) UML
2 2 (50.00%) OO
2 2 (50.00%) E-Commerce
2 2 (50.00%) Eclipse
2 2 (50.00%) Foreign Exchange (FX)
3 1 (25.00%) CRM
3 1 (25.00%) Windows
3 1 (25.00%) Investment Banking
3 1 (25.00%) Derivative
3 1 (25.00%) Equity Derivative
3 1 (25.00%) User Acceptance Testing
3 1 (25.00%) Performance Testing
3 1 (25.00%) C++

Electronic Trading
Top Related IT Skills by Category

For the 6 months to 22 May 2013, IT contractor jobs across the Canary Wharf region citing Electronic Trading 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 Electronic Trading. Up to 20 skills are shown per category.

Development Applications
1 2 (50.00%) Subversion
1 2 (50.00%) Eclipse
General
1 3 (75.00%) Front Office
1 3 (75.00%) Banking
2 1 (25.00%) Investment Banking
Job Titles
1 3 (75.00%) Developer
2 2 (50.00%) Java Developer
3 1 (25.00%) Business Analyst
3 1 (25.00%) C++ Developer
3 1 (25.00%) Analyst
Miscellaneous
1 2 (50.00%) Foreign Exchange (FX)
2 1 (25.00%) Derivative
2 1 (25.00%) Equity Derivative
Operating Systems
1 1 (25.00%) Windows
Processes & Methodologies
1 3 (75.00%) Multithreading
2 2 (50.00%) TDD
2 2 (50.00%) UML
2 2 (50.00%) OO
2 2 (50.00%) E-Commerce
3 1 (25.00%) CRM
3 1 (25.00%) User Acceptance Testing
3 1 (25.00%) Performance Testing
Programming Languages
1 2 (50.00%) Java
2 1 (25.00%) C++