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 average contractor rates offered in IT contracts that have cited Electronic Trading over the 3 months to 22 August 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 Aug 2014
Same period 2013 Same period 2012
Electronic Trading
Rank 164 177 188
Rank change year-on-year
+13 +11
Contract jobs citing Electronic Trading 36 54 39
As % of all contract IT jobs located in the City of London 0.61% 0.73% 0.50%
As % of the Processes & Methodologies category 0.81% 0.96% 0.66%
Number of daily rates quoted 25 41 35
Average daily rate
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£550 £600 £575
Average daily rate % change year-on-year
-8.33% +4.34%
90% offered a daily rate of more than £350 £475 £460
10% offered a daily rate of more than £665 £675 £650
UK excluding London average daily rate £425 £388 £350
% change year-on-year
+9.67% +10.71%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Electronic Trading
London

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
4422 5597 5890
As % of all contract IT jobs located in the City of London 75.06% 76.06% 75.34%
Number of daily rates quoted 3282 4197 4388
Average daily rate £450 £450 £450
90% offered a daily rate of more than £317 £313 £300
10% offered a daily rate of more than £625 £600 £625
UK excluding London average daily rate £375 £370 £363
% change year-on-year
+1.35% +2.06%
Number of hourly rates quoted 42 71 91
Average hourly rate £22.60 £22.50 £30.00
Average hourly rate % change year-on-year
+0.42% -25.00%
90% offered a hourly rate of more than £16.50 £15.00 £16.00
10% offered a hourly rate of more than £36.50 £52.50 £51.50
UK excluding London average hourly rate £25.00 £30.00 £31.00
% change year-on-year
-16.66% -3.22%

Electronic Trading
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Electronic Trading across the City of London region as a proportion of the total demand within 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 22 August 2014.

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 22 August 2014, IT contractor jobs across the City of London 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 28 (45.90%) Front Office
2 23 (37.70%) Banking
3 22 (36.07%) Finance
4 21 (34.43%) Foreign Exchange (FX)
5 20 (32.79%) Java
5 20 (32.79%) UNIX
6 17 (27.87%) Perl
6 17 (27.87%) SQL
7 16 (26.23%) Fixed Income
8 15 (24.59%) Investment Banking
8 15 (24.59%) Linux
9 14 (22.95%) Equities
9 14 (22.95%) Multithreading
9 14 (22.95%) Low Latency
10 11 (18.03%) TIBCO
11 10 (16.39%) Rendezvous
11 10 (16.39%) Windows
11 10 (16.39%) Python
11 10 (16.39%) C#
11 10 (16.39%) Algorithmic Trading
12 9 (14.75%) FIX Protocol
13 8 (13.11%) WPF
13 8 (13.11%) MarketAxess
13 8 (13.11%) Agile Software Development
13 8 (13.11%) Reuters
13 8 (13.11%) Project Management
13 8 (13.11%) Risk Management
14 7 (11.48%) Red Hat
14 7 (11.48%) Red Hat Enterprise Linux
15 6 (9.84%) Trayport

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

For the 6 months to 22 August 2014, IT contractor jobs across the City of London 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.

Application Platforms
1 3 (4.92%) TIBCO EMS
2 1 (1.64%) Oracle Workflow
Applications
1 6 (9.84%) MS Office
2 4 (6.56%) Spreadsheet
3 1 (1.64%) MS Excel
Business Applications
1 5 (8.20%) Bloomberg TOMS
2 1 (1.64%) RMDS
2 1 (1.64%) ION MarketView
Communications & Networking
1 4 (6.56%) NetScaler
1 4 (6.56%) HTTP
1 4 (6.56%) Firewall
2 3 (4.92%) Multicast
3 2 (3.28%) SSH
4 1 (1.64%) Network Security
4 1 (1.64%) LAN
4 1 (1.64%) WAN
Database & Business Intelligence
1 6 (9.84%) SQL Server
2 3 (4.92%) Relational Database
3 2 (3.28%) KDB
Development Applications
1 1 (1.64%) Selenium
1 1 (1.64%) TeamCity
1 1 (1.64%) Git (software)
1 1 (1.64%) Maven
1 1 (1.64%) Subversion
1 1 (1.64%) QuickTest Pro
1 1 (1.64%) IntelliJ
1 1 (1.64%) JUnit
1 1 (1.64%) Mockito
General
1 28 (45.90%) Front Office
2 23 (37.70%) Banking
3 22 (36.07%) Finance
4 15 (24.59%) Investment Banking
5 4 (6.56%) Back Office
5 4 (6.56%) Financial Institution
6 3 (4.92%) Legal
Job Titles
1 19 (31.15%) Developer
2 13 (21.31%) Java Developer
3 8 (13.11%) Analyst
4 7 (11.48%) Business Analyst
5 5 (8.20%) WPF Developer
6 4 (6.56%) Market Data Engineer
6 4 (6.56%) Senior Developer
6 4 (6.56%) Support Specialist
6 4 (6.56%) Electronics Engineer
7 3 (4.92%) .NET Software Engineer
7 3 (4.92%) Real Time Software Engineer
7 3 (4.92%) Real Time Engineer
7 3 (4.92%) C# Developer
7 3 (4.92%) C# Software Engineer
7 3 (4.92%) Software Engineer
8 2 (3.28%) Senior WPF Developer
8 2 (3.28%) Project Manager
8 2 (3.28%) Systems Engineer
8 2 (3.28%) Senior Java Developer
8 2 (3.28%) Technical Administrator
Libraries, Frameworks & Software Standards
1 10 (16.39%) Rendezvous
2 9 (14.75%) FIX Protocol
3 8 (13.11%) WPF
4 6 (9.84%) WinForms
5 5 (8.20%) HTML
6 4 (6.56%) JMS
6 4 (6.56%) .NET
6 4 (6.56%) Spring
6 4 (6.56%) Django
7 3 (4.92%) LINQ
8 2 (3.28%) Spring Integration
8 2 (3.28%) Reactive Extensions
9 1 (1.64%) Hibernate
9 1 (1.64%) FpML
9 1 (1.64%) CSS
9 1 (1.64%) XML
9 1 (1.64%) HTML5
Miscellaneous
1 21 (34.43%) Foreign Exchange (FX)
2 16 (26.23%) Fixed Income
3 14 (22.95%) Equities
4 6 (9.84%) Derivative
5 2 (3.28%) Visualisation
5 2 (3.28%) DTCC
5 2 (3.28%) Mathematics
5 2 (3.28%) Physics
6 1 (1.64%) Computer Science
6 1 (1.64%) Equity Derivative
6 1 (1.64%) Statistics
6 1 (1.64%) N-Tier
6 1 (1.64%) Enterprise Software
Operating Systems
1 20 (32.79%) UNIX
2 15 (24.59%) Linux
3 10 (16.39%) Windows
4 7 (11.48%) Red Hat Enterprise Linux
Processes & Methodologies
1 14 (22.95%) Multithreading
1 14 (22.95%) Low Latency
2 10 (16.39%) Algorithmic Trading
3 8 (13.11%) Agile Software Development
3 8 (13.11%) Project Management
3 8 (13.11%) Risk Management
4 5 (8.20%) OO
4 5 (8.20%) E-Commerce
5 4 (6.56%) Change Control
5 4 (6.56%) Performance Analysis
5 4 (6.56%) UML
5 4 (6.56%) Software Engineering
5 4 (6.56%) Web Development
6 3 (4.92%) Problem Management
6 3 (4.92%) Business Analysis
6 3 (4.92%) TDD
6 3 (4.92%) Ultra-Low Latency
7 2 (3.28%) Software Deployment
7 2 (3.28%) Analytics
7 2 (3.28%) Use Case
Programming Languages
1 20 (32.79%) Java
2 17 (27.87%) Perl
2 17 (27.87%) SQL
3 10 (16.39%) Python
3 10 (16.39%) C#
4 6 (9.84%) C-shell
4 6 (9.84%) AWK
5 4 (6.56%) C++
5 4 (6.56%) Korn
6 3 (4.92%) C
6 3 (4.92%) VB
7 1 (1.64%) JavaScript
7 1 (1.64%) Bash Shell
Qualifications
1 4 (6.56%) Degree
2 1 (1.64%) ISEB
2 1 (1.64%) HNC
2 1 (1.64%) HND
Quality Assurance & Compliance
1 3 (4.92%) EMIR
1 3 (4.92%) Dodd-Frank
2 2 (3.28%) QA
System Software
1 4 (6.56%) Oracle RAC
2 3 (4.92%) Active Directory
3 1 (1.64%) VMware Infrastructure
Systems Management
1 4 (6.56%) ITRS Geneos
1 4 (6.56%) Tivoli
1 4 (6.56%) BMC PATROL
1 4 (6.56%) Nagios
2 1 (1.64%) BMC Marimba
Vendors
1 11 (18.03%) TIBCO
2 8 (13.11%) MarketAxess
2 8 (13.11%) Reuters
3 7 (11.48%) Red Hat
4 6 (9.84%) Trayport
4 6 (9.84%) Bloomberg
4 6 (9.84%) Oracle
5 5 (8.20%) ION Trading
6 4 (6.56%) 29West
6 4 (6.56%) Sybase
7 3 (4.92%) Syncfusion
7 3 (4.92%) Microsoft
7 3 (4.92%) DevExpress
8 2 (3.28%) Tradeweb
9 1 (1.64%) VMware
9 1 (1.64%) Remedy
9 1 (1.64%) Calypso
9 1 (1.64%) Citrix