Electronic Trading Support Contracts

Electronic Trading Support
UK

The median Electronic Trading Support daily rate in the UK is £600 according to job vacancies posted during the 6 months to 4 May 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
4 May 2024
Same period 2023 Same period 2022
Rank 589 686 800
Rank change year-on-year +97 +114 -128
Contract jobs requiring an Electronic Trading Support 2 32 54
As % of all contract jobs advertised in the UK 0.005% 0.054% 0.061%
As % of the Job Titles category 0.005% 0.057% 0.064%
Number of daily rates quoted 2 31 53
10th Percentile - £550 -
25th Percentile £550 £575 £525
Median daily rate (50th Percentile) £600 £600 £550
Median % change year-on-year - +9.09% -15.38%
75th Percentile £650 £700 £613
90th Percentile - - £625
UK excluding London median daily rate - - -

All Contract IT Job Vacancies
UK

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in the UK with a recognized job title 40,021 55,966 84,699
% of contract IT jobs with a recognized job title 92.75% 94.62% 95.45%
Number of daily rates quoted 26,056 39,104 59,482
10th Percentile £280 £313 £313
25th Percentile £409 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +10.53%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £490 £500 £475
% change year-on-year -2.00% +5.26% +11.76%
Number of hourly rates quoted 2,666 1,571 2,084
10th Percentile £12.86 £14.30 £12.50
25th Percentile £16.30 £19.06 £15.63
Median hourly rate £36.50 £45.00 £23.81
Median % change year-on-year -18.89% +89.04% +5.80%
75th Percentile £61.29 £65.75 £49.19
90th Percentile £72.50 £76.00 £63.71
UK excluding London median hourly rate £40.00 £42.26 £19.52
% change year-on-year -5.35% +116.50% +2.74%

Electronic Trading Support
Job Vacancy Trend

Job postings that featured Electronic Trading Support in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Electronic Trading Support in the UK

Electronic Trading Support
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Electronic Trading Support.

Daily rate trend for Electronic Trading Support in the UK

Electronic Trading Support
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Electronic Trading Support.

Hourly rate trend for Electronic Trading Support in the UK

Electronic Trading Support
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Electronic Trading Support within the UK over the 6 months to 4 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
England +80 2 £600 -
London +71 2 £600 -

Electronic Trading Support Skill Set
Top 17 Co-occurring Skills and Capabilities

For the 6 months to 4 May 2024, Electronic Trading Support contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads featuring Electronic Trading Support in the job title.

1 2 (100.00%) Unix
1 2 (100.00%) Linux
1 2 (100.00%) Fidessa
1 2 (100.00%) Change Management
1 2 (100.00%) Finance
1 2 (100.00%) Banking
1 2 (100.00%) Investment Banking
1 2 (100.00%) Incident Management
1 2 (100.00%) Derivative
1 2 (100.00%) FIX Protocol
1 2 (100.00%) Algorithmic Trading
1 2 (100.00%) Electronic Trading
1 2 (100.00%) High Availability
1 2 (100.00%) Capacity Management
1 2 (100.00%) Low Latency
1 2 (100.00%) ITRS Geneos
1 2 (100.00%) FIX Connectivity

Electronic Trading Support Skill Set
Co-occurring Skills and Capabilities by Category

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

Business Applications
1 2 (100.00%) Fidessa
Communications & Networking
1 2 (100.00%) FIX Connectivity
General
1 2 (100.00%) Banking
1 2 (100.00%) Finance
1 2 (100.00%) Investment Banking
Libraries, Frameworks & Software Standards
1 2 (100.00%) FIX Protocol
Miscellaneous
1 2 (100.00%) Derivative
Operating Systems
1 2 (100.00%) Linux
1 2 (100.00%) Unix
Processes & Methodologies
1 2 (100.00%) Algorithmic Trading
1 2 (100.00%) Capacity Management
1 2 (100.00%) Change Management
1 2 (100.00%) Electronic Trading
1 2 (100.00%) High Availability
1 2 (100.00%) Incident Management
1 2 (100.00%) Low Latency
Systems Management
1 2 (100.00%) ITRS Geneos