The table below looks at the statistics for Electronic Trading skills in IT contracts advertised for the City of London region. Included is a guide to the contractor rates offered in IT contracts that have cited Electronic Trading over the 3 months to 21 January 2017 with a comparison to the same period over 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.

3 months to
21 Jan 2017
Same period 2016 Same period 2015
Electronic Trading (eTrading)
London / City of London
Rank 103 97 118
Rank change year-on-year
-6 +21
Contract jobs citing Electronic Trading 52 52 77
As % of all contract IT jobs located in the City of London 1.80% 1.69% 1.50%
As % of the Processes & Methodologies category 2.09% 2.00% 1.84%
Number of daily rates quoted 49 49 69
Median daily rate £600 £588 £650
Median daily rate % change year-on-year
+2.12% -9.61%
90% offered a daily rate of more than £565 £525 £473
10% offered a daily rate of more than £680 £805 £675
UK excluding London median daily rate £519 £370 £284
% change year-on-year
+40.20% +30.39%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the City of London region.

Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
2489 2603 4182
As % of all contract IT jobs located in the City of London 86.01% 84.71% 81.71%
Number of daily rates quoted 1978 2047 3286
Median daily rate £500 £475 £450
Median daily rate % change year-on-year
+5.26% +5.55%
90% offered a daily rate of more than £360 £320 £320
10% offered a daily rate of more than £650 £625 £625
UK excluding London median daily rate £405 £400 £393
% change year-on-year
+1.25% +1.91%
Number of hourly rates quoted 13 25 35
Median hourly rate £55.00 £35.60 £20.45
Median hourly rate % change year-on-year
+54.51% +74.10%
UK excluding London median hourly rate £35.00 £40.00 £25.25
% change year-on-year
-12.50% +58.41%

Electronic Trading
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Electronic Trading as a proportion of all IT contracts with a match in the Processes & Methodologies category.

Electronic Trading Jobs Demand Trend in the City of London

Electronic Trading
Daily Rate Trend in the City of London

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

Electronic Trading Daily Rate Trend in the City of London

Electronic Trading
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Electronic Trading across the City of London region over the 3 months to 21 January 2017.

Electronic Trading Daily Rate Histogram in the City of London

Electronic Trading
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Electronic Trading across the City of London region.

Electronic Trading Hourly Rate Trend in the City of London

Electronic Trading
Top 30 Related IT Skills in the City of London

For the 6 months to 21 January 2017, IT contractor jobs citing Electronic Trading also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Electronic Trading.

1 56 (58.95%) Banking
2 45 (47.37%) Front Office
2 45 (47.37%) Java
3 44 (46.32%) Foreign Exchange (FX)
4 41 (43.16%) Multithreading
5 35 (36.84%) Low Latency
6 30 (31.58%) Finance
7 26 (27.37%) Investment Banking
7 26 (27.37%) Unix
7 26 (27.37%) Linux
8 24 (25.26%) FIX Protocol
9 21 (22.11%) Fixed Income
10 20 (21.05%) Derivative
11 19 (20.00%) C++
12 17 (17.89%) Agile Software Development
13 16 (16.84%) Equities
14 14 (14.74%) TIBCO
14 14 (14.74%) Rendezvous
14 14 (14.74%) SQL
14 14 (14.74%) Oracle
15 13 (13.68%) Algorithmic Trading
16 11 (11.58%) Degree
16 11 (11.58%) Algorithms
16 11 (11.58%) Python
17 10 (10.53%) STL
17 10 (10.53%) Risk Management
17 10 (10.53%) Boost C++ Libraries
17 10 (10.53%) High Availability
18 9 (9.47%) KDB
18 9 (9.47%) Computer Science

Electronic Trading
Top Related IT Skills in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (2.11%) Apache Spark
Business Applications
1 8 (8.42%) RMDS
2 5 (5.26%) ION MarketView
Communications & Networking
1 5 (5.26%) TCP/IP
2 3 (3.16%) Firewall
3 2 (2.11%) Multicast
4 1 (1.05%) BGP
4 1 (1.05%) Cisco Nexus
4 1 (1.05%) DHCP
4 1 (1.05%) Internet
4 1 (1.05%) MPLS
4 1 (1.05%) OSPF
4 1 (1.05%) RIP
4 1 (1.05%) Spanning Tree
4 1 (1.05%) VPN
Database & Business Intelligence
1 9 (9.47%) KDB
2 8 (8.42%) SQL Server
3 5 (5.26%) Kdb+
4 3 (3.16%) NoSQL
4 3 (3.16%) RDBMS
4 3 (3.16%) Relational Database
4 3 (3.16%) Tick Data
5 2 (2.11%) DB2
6 1 (1.05%) MySQL
6 1 (1.05%) Oracle Database
Development Applications
1 5 (5.26%) Git (software)
1 5 (5.26%) JUnit
2 3 (3.16%) Hudson
2 3 (3.16%) Jenkins
2 3 (3.16%) TeamCity
3 2 (2.11%) Maven
3 2 (2.11%) Subversion
4 1 (1.05%) Bower
4 1 (1.05%) CMake
4 1 (1.05%) Grunt
4 1 (1.05%) JIRA
4 1 (1.05%) SCons
4 1 (1.05%) Vagrant
General
1 56 (58.95%) Banking
2 45 (47.37%) Front Office
3 30 (31.58%) Finance
4 26 (27.37%) Investment Banking
5 6 (6.32%) Financial Institution
6 3 (3.16%) Advertising
7 2 (2.11%) Marketing
8 1 (1.05%) Games
8 1 (1.05%) Publishing
8 1 (1.05%) Retail
8 1 (1.05%) Retail Banking
Job Titles
1 60 (63.16%) Developer
2 36 (37.89%) Java Developer
3 20 (21.05%) Senior Developer
4 19 (20.00%) Electronic Trading Developer
5 17 (17.89%) Senior Java Developer
6 15 (15.79%) Analyst
7 13 (13.68%) C++ Developer
7 13 (13.68%) Electronic Trading Java Developer
8 9 (9.47%) Front Office Developer
8 9 (9.47%) Low Latency C++ Developer
8 9 (9.47%) Support Analyst
9 7 (7.37%) Unix Developer
10 6 (6.32%) KDB Developer
11 5 (5.26%) Business Analyst
12 4 (4.21%) Banking Analyst
12 4 (4.21%) Electronic Trading C++ Developer
12 4 (4.21%) Linux Engineer
12 4 (4.21%) Low Latency Java Developer
12 4 (4.21%) Unix Support
12 4 (4.21%) Unix Support Analyst
Libraries, Frameworks & Software Standards
1 24 (25.26%) FIX Protocol
2 14 (14.74%) Rendezvous
3 10 (10.53%) Boost C++ Libraries
3 10 (10.53%) STL
4 8 (8.42%) AngularJS
5 7 (7.37%) .NET
5 7 (7.37%) HTML
5 7 (7.37%) HTML5
6 6 (6.32%) JMS
7 5 (5.26%) Ultra Messaging
8 4 (4.21%) Middleware
8 4 (4.21%) Node.js
8 4 (4.21%) TIBCO EMS
9 3 (3.16%) CSS
9 3 (3.16%) CSS3
9 3 (3.16%) Swing
10 2 (2.11%) JavaFX
10 2 (2.11%) WCF
11 1 (1.05%) jQuery
11 1 (1.05%) WPF
Miscellaneous
1 44 (46.32%) Foreign Exchange (FX)
2 21 (22.11%) Fixed Income
3 20 (21.05%) Derivative
4 16 (16.84%) Equities
5 11 (11.58%) Algorithms
6 9 (9.47%) Computer Science
7 8 (8.42%) Equity Derivative
8 6 (6.32%) Analytical Skills
9 5 (5.26%) Credit Derivative
9 5 (5.26%) Fintech
10 3 (3.16%) N-Tier
11 2 (2.11%) Mathematics
11 2 (2.11%) Physics
11 2 (2.11%) TWAP
11 2 (2.11%) User Experience
11 2 (2.11%) VWAP
12 1 (1.05%) Enterprise Software
12 1 (1.05%) Field-Programmable Gate Array
12 1 (1.05%) Index Arbitrage
12 1 (1.05%) Performance Metrics
Operating Systems
1 26 (27.37%) Linux
1 26 (27.37%) Unix
2 8 (8.42%) Windows
3 3 (3.16%) Red Hat Enterprise Linux
4 2 (2.11%) Solaris
4 2 (2.11%) Windows Server
5 1 (1.05%) Windows Server 2003
5 1 (1.05%) Windows Server 2008
5 1 (1.05%) Windows Server 2012
Processes & Methodologies
1 41 (43.16%) Multithreading
2 35 (36.84%) Low Latency
3 17 (17.89%) Agile Software Development
4 13 (13.68%) Algorithmic Trading
5 10 (10.53%) High Availability
5 10 (10.53%) Risk Management
6 9 (9.47%) E-Commerce
6 9 (9.47%) Migration
6 9 (9.47%) Multithreaded Programming
7 8 (8.42%) OO
7 8 (8.42%) Software Engineering
8 7 (7.37%) TDD
9 6 (6.32%) Continuous Integration
9 6 (6.32%) Data Management
9 6 (6.32%) DevOps
10 5 (5.26%) BDD
10 5 (5.26%) Ultra-Low Latency
11 4 (4.21%) Analytics
11 4 (4.21%) Continuous Delivery
11 4 (4.21%) Scrum
Programming Languages
1 45 (47.37%) Java
2 19 (20.00%) C++
3 14 (14.74%) SQL
4 11 (11.58%) Python
5 9 (9.47%) JavaScript
6 6 (6.32%) C#
6 6 (6.32%) Shell Script
7 4 (4.21%) Ruby
8 2 (2.11%) Bash Shell
8 2 (2.11%) Haskell
8 2 (2.11%) Scala
9 1 (1.05%) PowerShell
9 1 (1.05%) T-SQL
9 1 (1.05%) TypeScript
Qualifications
1 11 (11.58%) Degree
2 1 (1.05%) CCIE
2 1 (1.05%) Cisco Certification
Quality Assurance & Compliance
1 3 (3.16%) MiFID
2 2 (2.11%) QA
System Software
1 3 (3.16%) Docker
Systems Management
1 2 (2.11%) Puppet
2 1 (1.05%) Ansible
2 1 (1.05%) Endace
2 1 (1.05%) ITRS Geneos
2 1 (1.05%) Opscode Chef
Vendors
1 14 (14.74%) Oracle
1 14 (14.74%) TIBCO
2 8 (8.42%) Reuters
3 5 (5.26%) ION Trading
4 4 (4.21%) Cisco
4 4 (4.21%) Juniper
5 3 (3.16%) Bloomberg
5 3 (3.16%) Red Hat
5 3 (3.16%) Solace
6 2 (2.11%) Atlassian
6 2 (2.11%) Charles River
6 2 (2.11%) Cognizant
6 2 (2.11%) Currenex
6 2 (2.11%) FXall
6 2 (2.11%) Sun
7 1 (1.05%) CheckPoint
7 1 (1.05%) DevExpress
7 1 (1.05%) Microsoft
7 1 (1.05%) Sybase
7 1 (1.05%) Syncfusion