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 27 May 2016 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
27 May 2016
Same period 2015 Same period 2014
Electronic Trading (eTrading)
Rank 143 145 147
Rank change year-on-year
+2 +2
Contract jobs citing Electronic Trading 21 55 60
As % of all contract IT jobs located in the City of London 0.62% 1.01% 1.00%
As % of the Processes & Methodologies category 0.73% 1.26% 1.25%
Number of daily rates quoted 19 47 54
Median daily rate £625 £600 £600
Median daily rate % change year-on-year
+4.16% -
90% offered a daily rate of more than £480 £525 £500
10% offered a daily rate of more than £770 £675 £675
UK excluding London median daily rate £450 £450 £400
% change year-on-year
- +12.50%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
2874 4371 4788
As % of all contract IT jobs located in the City of London 84.95% 80.22% 80.11%
Number of daily rates quoted 2355 3440 3602
Median daily rate £475 £463 £450
Median daily rate % change year-on-year
+2.70% +2.77%
90% offered a daily rate of more than £325 £325 £300
10% offered a daily rate of more than £625 £615 £625
UK excluding London median daily rate £400 £385 £375
% change year-on-year
+3.89% +2.66%
Number of hourly rates quoted 24 42 41
Median hourly rate £19.00 £25.00 £21.38
Median hourly rate % change year-on-year
-24.00% +16.95%
90% offered a hourly rate of more than £12.50 £13.50 £12.25
10% offered a hourly rate of more than £26.50 £95.00 £53.50
UK excluding London median hourly rate £33.00 £30.00 £30.00
% change year-on-year
+10.00% -

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 27 May 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 27 May 2016, 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 41 (54.67%) Front Office
2 35 (46.67%) Multithreading
3 32 (42.67%) Finance
4 30 (40.00%) Low Latency
5 29 (38.67%) Java
5 29 (38.67%) Unix
6 27 (36.00%) Linux
6 27 (36.00%) Foreign Exchange (FX)
7 25 (33.33%) C++
8 23 (30.67%) Banking
9 22 (29.33%) Fixed Income
9 22 (29.33%) SQL
10 21 (28.00%) Equities
11 18 (24.00%) Investment Banking
12 13 (17.33%) Risk Management
13 12 (16.00%) ION Trading
13 12 (16.00%) SDLC
14 11 (14.67%) Analytical Skills
14 11 (14.67%) Agile Software Development
14 11 (14.67%) FIX Protocol
15 9 (12.00%) TCP/IP
15 9 (12.00%) RDBMS
15 9 (12.00%) Derivative
15 9 (12.00%) Relational Database
15 9 (12.00%) ION MarketView
16 7 (9.33%) C
17 6 (8.00%) C#
18 5 (6.67%) TDD
18 5 (6.67%) Migration
18 5 (6.67%) Interest Rate Derivative

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 1 (1.33%) Apache
1 1 (1.33%) JBoss
1 1 (1.33%) MQSeries
1 1 (1.33%) Oracle Coherence
1 1 (1.33%) Tomcat
Business Applications
1 9 (12.00%) ION MarketView
2 3 (4.00%) RMDS
3 1 (1.33%) Eikon
Communications & Networking
1 9 (12.00%) TCP/IP
2 2 (2.67%) Firewall
3 1 (1.33%) LAN
3 1 (1.33%) NGN
3 1 (1.33%) WAN
Database & Business Intelligence
1 9 (12.00%) RDBMS
1 9 (12.00%) Relational Database
2 2 (2.67%) KDB
2 2 (2.67%) OLAP
2 2 (2.67%) Tick Data
3 1 (1.33%) SQL Server
Development Applications
1 1 (1.33%) Emacs
1 1 (1.33%) Git (software)
1 1 (1.33%) Hudson
1 1 (1.33%) Jenkins
1 1 (1.33%) JIRA
1 1 (1.33%) TeamCity
General
1 41 (54.67%) Front Office
2 32 (42.67%) Finance
3 23 (30.67%) Banking
4 18 (24.00%) Investment Banking
5 3 (4.00%) Telecoms
6 2 (2.67%) Back Office
6 2 (2.67%) Financial Institution
7 1 (1.33%) Retail
7 1 (1.33%) Retail Banking
Job Titles
1 49 (65.33%) Developer
2 22 (29.33%) Java Developer
3 21 (28.00%) C++ Developer
4 12 (16.00%) Front Office Developer
5 10 (13.33%) Analyst
6 8 (10.67%) Business Analyst
7 7 (9.33%) Senior Developer
8 6 (8.00%) Project Manager
9 5 (6.67%) C++ Quantitative Developer
9 5 (6.67%) Investment Banking Java Developer
9 5 (6.67%) Quantitative Developer
10 4 (5.33%) C# Developer
10 4 (5.33%) Electronic Trading Business Analyst
10 4 (5.33%) Electronic Trading Developer
10 4 (5.33%) Electronic Trading Project Manager
10 4 (5.33%) Senior Java Developer
11 2 (2.67%) Investment Banking Business Analyst
11 2 (2.67%) IT Project Manager
11 2 (2.67%) Risk Analyst
11 2 (2.67%) Support Analyst
Libraries, Frameworks & Software Standards
1 11 (14.67%) FIX Protocol
2 3 (4.00%) .NET
2 3 (4.00%) Rendezvous
2 3 (4.00%) WPF
2 3 (4.00%) XML
3 2 (2.67%) Middleware
3 2 (2.67%) TIBCO EMS
3 2 (2.67%) XSD
3 2 (2.67%) XSLT
4 1 (1.33%) .NET Framework
4 1 (1.33%) Apache Camel
4 1 (1.33%) Boost C++ Libraries
4 1 (1.33%) FIXML
4 1 (1.33%) Java EE
4 1 (1.33%) JDBC
4 1 (1.33%) LINQ
4 1 (1.33%) Reactive Extensions
4 1 (1.33%) STL
4 1 (1.33%) Web Services
4 1 (1.33%) WebSockets
Miscellaneous
1 27 (36.00%) Foreign Exchange (FX)
2 22 (29.33%) Fixed Income
3 21 (28.00%) Equities
4 11 (14.67%) Analytical Skills
5 9 (12.00%) Derivative
6 5 (6.67%) Interest Rate Derivative
7 3 (4.00%) Data Centre
7 3 (4.00%) Mathematics
8 2 (2.67%) Computer Science
8 2 (2.67%) Equity Derivative
8 2 (2.67%) User Experience
9 1 (1.33%) Algorithms
9 1 (1.33%) Fintech
9 1 (1.33%) Hedge funds
9 1 (1.33%) Inversion of Control
9 1 (1.33%) Market Risk
9 1 (1.33%) Online Banking
9 1 (1.33%) Physics
9 1 (1.33%) Statistical Arbitrage
9 1 (1.33%) SWIFT
Operating Systems
1 29 (38.67%) Unix
2 27 (36.00%) Linux
3 2 (2.67%) Windows
3 2 (2.67%) Windows Server
4 1 (1.33%) Red Hat Enterprise Linux
4 1 (1.33%) Solaris
Processes & Methodologies
1 35 (46.67%) Multithreading
2 30 (40.00%) Low Latency
3 13 (17.33%) Risk Management
4 12 (16.00%) SDLC
5 11 (14.67%) Agile Software Development
6 5 (6.67%) Concurrent Programming
6 5 (6.67%) Migration
6 5 (6.67%) TDD
7 4 (5.33%) Business Analysis
7 4 (5.33%) Change Management
7 4 (5.33%) Project Management
8 3 (4.00%) Algorithmic Trading
8 3 (4.00%) Ultra-Low Latency
9 2 (2.67%) Analytics
9 2 (2.67%) E-Commerce
9 2 (2.67%) High Availability
9 2 (2.67%) Market Making
9 2 (2.67%) MVVM
9 2 (2.67%) OO
9 2 (2.67%) Open Source
Programming Languages
1 29 (38.67%) Java
2 25 (33.33%) C++
3 22 (29.33%) SQL
4 7 (9.33%) C
5 6 (8.00%) C#
6 5 (6.67%) VBA
7 4 (5.33%) Python
8 2 (2.67%) Ruby
8 2 (2.67%) Shell Script
9 1 (1.33%) Bash Shell
9 1 (1.33%) Perl
9 1 (1.33%) XAML
Qualifications
1 2 (2.67%) Degree
1 2 (2.67%) PhD
Quality Assurance & Compliance
1 5 (6.67%) MiFID
2 2 (2.67%) EMIR
3 1 (1.33%) QA
Systems Management
1 1 (1.33%) ITRS Geneos
1 1 (1.33%) Puppet
Vendors
1 12 (16.00%) ION Trading
2 4 (5.33%) Oracle
2 4 (5.33%) TIBCO
3 3 (4.00%) Microsoft
4 2 (2.67%) Fidessa
5 1 (1.33%) Bloomberg
5 1 (1.33%) Calypso
5 1 (1.33%) HP
5 1 (1.33%) Murex
5 1 (1.33%) Red Hat
5 1 (1.33%) Reuters
5 1 (1.33%) ServiceNow
5 1 (1.33%) Splunk
5 1 (1.33%) SunGard
5 1 (1.33%) Trayport
City, London
Quant Capital
Rate: From £400 to £500 per day
Posted: Yesterday
City, London
Quant Capital
Rate: Up to £520 per day
Posted: Yesterday
City, London
McGregor Boyall
Rate: £550 - £700 per day
Posted: 2 days ago
City, London
Hatstand Limited
Rate: £400 - £450 per day
Posted: 4 days ago
City, London
McGregor Boyall
Rate: £600 - £650 per day
Posted: 6 days ago