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 3 March 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
3 Mar 2015
Same period 2014 Same period 2013
Electronic Trading
Rank 136 175 172
Rank change year-on-year
+39 -3
Contract jobs citing Electronic Trading 49 20 30
As % of all contract IT jobs located in the City of London 0.96% 0.34% 0.52%
As % of the Processes & Methodologies category 1.21% 0.44% 0.68%
Number of daily rates quoted 44 17 26
Average daily rate
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£645 £600 £675
Average daily rate % change year-on-year
+7.50% -11.11%
90% offered a daily rate of more than £498 £490 £370
10% offered a daily rate of more than £675 £660 £750
UK excluding London average daily rate £93 £350 £350
% change year-on-year
-73.57% -
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
4047 4545 4410
As % of all contract IT jobs located in the City of London 79.03% 77.45% 76.09%
Number of daily rates quoted 3161 3233 3373
Average daily rate £450 £450 £450
90% offered a daily rate of more than £320 £300 £315
10% offered a daily rate of more than £623 £625 £600
UK excluding London average daily rate £398 £375 £363
% change year-on-year
+6.25% +3.44%
Number of hourly rates quoted 27 48 65
Average hourly rate £20.45 £27.58 £44.00
Average hourly rate % change year-on-year
-25.87% -37.31%
90% offered a hourly rate of more than £12.50 £16.89 £16.15
10% offered a hourly rate of more than £45.50 £77.50 £135.00
UK excluding London average hourly rate £30.00 £27.50 £31.50
% change year-on-year
+9.09% -12.69%

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 3 March 2015.

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 3 March 2015, 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 40 (54.05%) Front Office
2 37 (50.00%) Java
3 35 (47.30%) Foreign Exchange (FX)
4 29 (39.19%) UNIX
5 27 (36.49%) Low Latency
6 22 (29.73%) Fixed Income
7 21 (28.38%) Finance
8 20 (27.03%) Banking
9 16 (21.62%) Linux
10 15 (20.27%) Equities
10 15 (20.27%) Ultra-Low Latency
11 14 (18.92%) Derivative
11 14 (18.92%) C++
12 13 (17.57%) Windows
12 13 (17.57%) FIX Protocol
12 13 (17.57%) ION Trading
13 12 (16.22%) Perl
13 12 (16.22%) SQL
13 12 (16.22%) TIBCO
13 12 (16.22%) Multithreading
14 11 (14.86%) Investment Banking
15 9 (12.16%) Agile Software Development
15 9 (12.16%) Rendezvous
15 9 (12.16%) ION MarketView
16 8 (10.81%) Reuters
16 8 (10.81%) SQL Server
16 8 (10.81%) TDD
17 7 (9.46%) E-Commerce
17 7 (9.46%) Bloomberg
17 7 (9.46%) Python

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

For the 6 months to 3 March 2015, 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 (4.05%) TIBCO EMS
2 1 (1.35%) MTS
Applications
1 4 (5.41%) MS Office
2 2 (2.70%) MS Excel
3 1 (1.35%) MS Visio
Business Applications
1 9 (12.16%) ION MarketView
2 2 (2.70%) RMDS
3 1 (1.35%) Bloomberg TOMS
Communications & Networking
1 4 (5.41%) Firewall
2 3 (4.05%) Multicast
3 1 (1.35%) HTTP
3 1 (1.35%) NetScaler
Database & Business Intelligence
1 8 (10.81%) SQL Server
2 2 (2.70%) KDB
3 1 (1.35%) SQL Server 2008
3 1 (1.35%) Relational Database
3 1 (1.35%) OLAP
Development Applications
1 1 (1.35%) JUnit
1 1 (1.35%) Eclipse
1 1 (1.35%) IntelliJ
1 1 (1.35%) NUnit
1 1 (1.35%) Subversion
1 1 (1.35%) Maven
1 1 (1.35%) JIRA
1 1 (1.35%) TeamCity
1 1 (1.35%) Mockito
General
1 40 (54.05%) Front Office
2 21 (28.38%) Finance
3 20 (27.03%) Banking
4 11 (14.86%) Investment Banking
5 6 (8.11%) Back Office
6 2 (2.70%) Advertising
7 1 (1.35%) Financial Institution
Job Titles
1 42 (56.76%) Developer
2 32 (43.24%) Java Developer
3 11 (14.86%) Analyst
4 10 (13.51%) Applications Support
5 9 (12.16%) Support Analyst
6 6 (8.11%) Applications Support Analyst
7 5 (6.76%) Consultant
8 4 (5.41%) C# Developer
9 3 (4.05%) C++ Developer
9 3 (4.05%) Support Consultant
10 2 (2.70%) Applications Consultant
10 2 (2.70%) Project Manager
10 2 (2.70%) WPF Developer
11 1 (1.35%) Senior Web Developer
11 1 (1.35%) IT Project Manager
11 1 (1.35%) Technical Specialist
11 1 (1.35%) Applications Support Engineer
11 1 (1.35%) Java Analyst Programmer
11 1 (1.35%) Java Programmer
11 1 (1.35%) Senior C# Developer
Libraries, Frameworks & Software Standards
1 13 (17.57%) FIX Protocol
2 9 (12.16%) Rendezvous
3 4 (5.41%) JMS
3 4 (5.41%) Spring
4 3 (4.05%) HTML
4 3 (4.05%) WPF
5 2 (2.70%) AngularJS
6 1 (1.35%) Silverlight
6 1 (1.35%) LINQ
6 1 (1.35%) Django
6 1 (1.35%) HTML5
6 1 (1.35%) Reactive Extensions
6 1 (1.35%) KnockoutJS
6 1 (1.35%) .NET
6 1 (1.35%) XML
6 1 (1.35%) XSD
6 1 (1.35%) XSLT
6 1 (1.35%) Middleware
6 1 (1.35%) WinForms
Miscellaneous
1 35 (47.30%) Foreign Exchange (FX)
2 22 (29.73%) Fixed Income
3 15 (20.27%) Equities
4 14 (18.92%) Derivative
5 5 (6.76%) Equity Derivative
6 3 (4.05%) Reference Data
6 3 (4.05%) Analytical Skills
7 2 (2.70%) Credit Derivative
8 1 (1.35%) Economics
8 1 (1.35%) Open Source
8 1 (1.35%) Algorithms
8 1 (1.35%) PMI
Operating Systems
1 29 (39.19%) UNIX
2 16 (21.62%) Linux
3 13 (17.57%) Windows
4 4 (5.41%) Red Hat Enterprise Linux
Processes & Methodologies
1 27 (36.49%) Low Latency
2 15 (20.27%) Ultra-Low Latency
3 12 (16.22%) Multithreading
4 9 (12.16%) Agile Software Development
5 8 (10.81%) TDD
6 7 (9.46%) E-Commerce
6 7 (9.46%) Market Making
7 6 (8.11%) Project Management
8 5 (6.76%) Algorithmic Trading
9 4 (5.41%) Scrum
9 4 (5.41%) BDD
9 4 (5.41%) Capacity Management
9 4 (5.41%) Change Management
9 4 (5.41%) OO
9 4 (5.41%) Continuous Integration
10 3 (4.05%) Analytics
10 3 (4.05%) Kanban
10 3 (4.05%) Problem Management
10 3 (4.05%) Release Management
10 3 (4.05%) Stakeholder Management
Programming Languages
1 37 (50.00%) Java
2 14 (18.92%) C++
3 12 (16.22%) Perl
3 12 (16.22%) SQL
4 7 (9.46%) Python
5 6 (8.11%) C#
6 5 (6.76%) VBA
7 4 (5.41%) Shell Script
7 4 (5.41%) AWK
7 4 (5.41%) C-shell
8 3 (4.05%) C
8 3 (4.05%) VBScript
9 2 (2.70%) VB
9 2 (2.70%) JavaScript
9 2 (2.70%) XAML
Qualifications
1 1 (1.35%) ISEB
1 1 (1.35%) PMI Certification
Quality Assurance & Compliance
1 3 (4.05%) QA
System Software
1 1 (1.35%) Oracle RAC
Systems Management
1 1 (1.35%) Tivoli
1 1 (1.35%) BMC PATROL
1 1 (1.35%) Nagios
Vendors
1 13 (17.57%) ION Trading
2 12 (16.22%) TIBCO
3 8 (10.81%) Reuters
4 7 (9.46%) Bloomberg
5 5 (6.76%) Sybase
5 5 (6.76%) Microsoft
5 5 (6.76%) Tradeweb
6 4 (5.41%) Oracle
6 4 (5.41%) Red Hat
6 4 (5.41%) Fidessa
7 3 (4.05%) MarketAxess
7 3 (4.05%) 29West
8 2 (2.70%) Citrix
8 2 (2.70%) Business Objects
8 2 (2.70%) eSpeed
9 1 (1.35%) SunGard
9 1 (1.35%) Splunk