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 12 February 2016 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
12 Feb 2016
Same period 2015 Same period 2014
Electronic Trading (eTrading)
Rank 102 119 136
Rank change year-on-year
+17 +17
Contract jobs citing Electronic Trading 51 70 71
As % of all contract IT jobs located in the City of London 1.62% 1.36% 1.19%
As % of the Processes & Methodologies category 1.93% 1.68% 1.50%
Number of daily rates quoted 47 64 65
Average daily rate £600 £625 £625
Average daily rate % change year-on-year
-4.00% -
90% offered a daily rate of more than £525 £483 £485
10% offered a daily rate of more than £785 £675 £820
UK excluding London average daily rate £370 £284 £350
% change year-on-year
+30.39% -18.92%
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
2644 4159 4730
As % of all contract IT jobs located in the City of London 84.04% 80.90% 79.44%
Number of daily rates quoted 2091 3247 3422
Average daily rate £488 £450 £450
Average daily rate % change year-on-year
+8.33% -
90% offered a daily rate of more than £325 £318 £293
10% offered a daily rate of more than £625 £613 £625
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 30 36 51
Average hourly rate £24.00 £23.10 £27.25
Average hourly rate % change year-on-year
+3.91% -15.24%
90% offered a hourly rate of more than £13.00 £12.50 £16.50
10% offered a hourly rate of more than £53.00 £45.50 £77.50
UK excluding London average hourly rate £40.00 £27.50 £27.50
% change year-on-year
+45.45% -

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 12 February 2016.

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 12 February 2016, 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 57 (44.88%) Java
2 55 (43.31%) Banking
3 53 (41.73%) Finance
4 49 (38.58%) Unix
5 48 (37.80%) Front Office
6 47 (37.01%) Investment Banking
7 46 (36.22%) Fixed Income
8 42 (33.07%) Multithreading
9 41 (32.28%) Linux
10 32 (25.20%) Software Engineering
11 31 (24.41%) Low Latency
12 29 (22.83%) Analytical Skills
13 28 (22.05%) SQL
14 27 (21.26%) Functional Programming
15 24 (18.90%) C++
16 23 (18.11%) Agile Software Development
16 23 (18.11%) Equities
17 21 (16.54%) JUnit
17 21 (16.54%) Eclipse
17 21 (16.54%) SDLC
18 20 (15.75%) Gradle
18 20 (15.75%) Scala
18 20 (15.75%) Grid Computing
19 18 (14.17%) Foreign Exchange (FX)
20 15 (11.81%) Migration
21 14 (11.02%) Risk Management
21 14 (11.02%) Derivative
22 13 (10.24%) C#
23 12 (9.45%) ION Trading
23 12 (9.45%) ION MarketView

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

For the 6 months to 12 February 2016, 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 1 (0.79%) Apache
1 1 (0.79%) JBoss
1 1 (0.79%) Tomcat
Applications
1 1 (0.79%) MS Excel
Business Applications
1 12 (9.45%) ION MarketView
2 6 (4.72%) RMDS
3 3 (2.36%) Summit
Cloud Services
1 1 (0.79%) Microsoft Azure
Communications & Networking
1 9 (7.09%) TCP/IP
2 3 (2.36%) Firewall
3 2 (1.57%) Multicast
Database & Business Intelligence
1 7 (5.51%) RDBMS
1 7 (5.51%) Relational Database
2 4 (3.15%) SQL Server
3 2 (1.57%) OLAP
3 2 (1.57%) SQL Server 2008
3 2 (1.57%) SQL Server 2012
Development Applications
1 21 (16.54%) Eclipse
1 21 (16.54%) JUnit
2 20 (15.75%) Gradle
3 1 (0.79%) Emacs
3 1 (0.79%) Maven
3 1 (0.79%) Subversion
General
1 55 (43.31%) Banking
2 53 (41.73%) Finance
3 48 (37.80%) Front Office
4 47 (37.01%) Investment Banking
5 9 (7.09%) Financial Institution
6 3 (2.36%) Telecoms
7 1 (0.79%) Retail
7 1 (0.79%) Retail Banking
Job Titles
1 66 (51.97%) Developer
2 34 (26.77%) Java Developer
3 28 (22.05%) Software Engineer
4 21 (16.54%) C++ Developer
5 20 (15.75%) Java Engineer
5 20 (15.75%) Java Scala Software Engineer
5 20 (15.75%) Java Software Engineer
5 20 (15.75%) Scala Software Engineer
6 13 (10.24%) Analyst
7 12 (9.45%) Front Office Developer
7 12 (9.45%) Investment Banking Java Developer
8 11 (8.66%) Senior Developer
9 10 (7.87%) Business Analyst
9 10 (7.87%) Senior Java Developer
10 8 (6.30%) Project Manager
11 7 (5.51%) C# Software Engineer
11 7 (5.51%) C++ Quantitative Developer
11 7 (5.51%) Quantitative Developer
12 6 (4.72%) Electronic Trading Project Manager
13 5 (3.94%) Electronic Trading Business Analyst
Libraries, Frameworks & Software Standards
1 12 (9.45%) WPF
2 8 (6.30%) HTML
3 6 (4.72%) CSS
3 6 (4.72%) FIX Protocol
3 6 (4.72%) HTML5
4 4 (3.15%) XML
5 3 (2.36%) .NET
5 3 (2.36%) Rendezvous
6 2 (1.57%) Boost C++ Libraries
6 2 (1.57%) STL
6 2 (1.57%) Web Services
6 2 (1.57%) XSD
6 2 (1.57%) XSLT
7 1 (0.79%) Apache Camel
7 1 (0.79%) JMS
7 1 (0.79%) LINQ
7 1 (0.79%) Middleware
7 1 (0.79%) POJO
7 1 (0.79%) Reactive Extensions
7 1 (0.79%) Ultra Messaging
Miscellaneous
1 46 (36.22%) Fixed Income
2 29 (22.83%) Analytical Skills
3 23 (18.11%) Equities
4 20 (15.75%) Grid Computing
5 18 (14.17%) Foreign Exchange (FX)
6 14 (11.02%) Derivative
7 10 (7.87%) Interest Rate Derivative
8 5 (3.94%) Mathematics
9 4 (3.15%) User Experience
10 3 (2.36%) Data Centre
11 2 (1.57%) Computer Science
11 2 (1.57%) Physics
12 1 (0.79%) Algorithms
12 1 (0.79%) Eurex
12 1 (0.79%) Hedge funds
12 1 (0.79%) Market Risk
12 1 (0.79%) Online Banking
Operating Systems
1 49 (38.58%) Unix
2 41 (32.28%) Linux
3 3 (2.36%) Windows
4 1 (0.79%) Red Hat Enterprise Linux
Processes & Methodologies
1 42 (33.07%) Multithreading
2 32 (25.20%) Software Engineering
3 31 (24.41%) Low Latency
4 27 (21.26%) Functional Programming
5 23 (18.11%) Agile Software Development
6 21 (16.54%) SDLC
7 15 (11.81%) Migration
8 14 (11.02%) Risk Management
9 9 (7.09%) Project Management
10 8 (6.30%) Business Analysis
10 8 (6.30%) Concurrent Programming
11 7 (5.51%) TDD
12 5 (3.94%) E-Commerce
13 4 (3.15%) UX Design
14 3 (2.36%) Market Making
14 3 (2.36%) Technical Architecture
14 3 (2.36%) Ultra-Low Latency
15 2 (1.57%) DevOps
15 2 (1.57%) High Availability
15 2 (1.57%) OO
Programming Languages
1 57 (44.88%) Java
2 28 (22.05%) SQL
3 24 (18.90%) C++
4 20 (15.75%) Scala
5 13 (10.24%) C#
6 8 (6.30%) C
6 8 (6.30%) JavaScript
6 8 (6.30%) VBA
7 4 (3.15%) Python
8 3 (2.36%) Perl
9 2 (1.57%) Bash Shell
10 1 (0.79%) Korn
Qualifications
1 2 (1.57%) Degree
1 2 (1.57%) PhD
2 1 (0.79%) CBAP
2 1 (0.79%) ISEB
2 1 (0.79%) PMI Certification
2 1 (0.79%) PMP
Quality Assurance & Compliance
1 2 (1.57%) Dodd-Frank
1 2 (1.57%) MiFID
2 1 (0.79%) EMIR
2 1 (0.79%) QA
System Software
1 1 (0.79%) Active Directory
Systems Management
1 2 (1.57%) ITRS Geneos
Vendors
1 12 (9.45%) ION Trading
2 4 (3.15%) TIBCO
3 3 (2.36%) Calypso
3 3 (2.36%) Murex
4 2 (1.57%) Splunk
4 2 (1.57%) Tradeweb
5 1 (0.79%) Bloomberg
5 1 (0.79%) MarketAxess
5 1 (0.79%) Microsoft
5 1 (0.79%) Oracle
5 1 (0.79%) Red Hat
5 1 (0.79%) Trayport
City of London
Hays London City Cheapside
Rate: £600.00 per day
Posted: Yesterday
City, London
Harvey Nash plc
Rate: £550 - £600 per day
Posted: Yesterday
City, London
TEKsystems
Rate: £800 - £900 per day
Posted: 2 days ago
City, London
TEKsystems
Rate: £450 - £550 per day
Posted: 3 days ago