Period
to 15 October 2018

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Electronic Trading skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Electronic Trading over the 6 months to 15 October 2018 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Electronic Trading (eTrading)
Central London > City of London
6 months to
15 Oct 2018
Same period 2017 Same period 2016
Rank 115 81 184
Rank change year-on-year -34 +103 -18
Contract jobs citing Electronic Trading 146 206 65
As % of all contract IT jobs advertised in the City of London 2.09% 3.04% 0.98%
As % of the Processes & Methodologies category 2.41% 3.41% 1.11%
Number of daily rates quoted 128 173 58
City of London median daily rate £655 £650 £593
Median daily rate % change year-on-year +0.77% +9.70% -1.25%
10th Percentile £575 £525 £392
90th Percentile £800 £750 £725
Central London median daily rate £655 £650 £585
% change year-on-year +0.77% +11.11% -2.50%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

Electronic Trading is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for process or methodology skills.

All Process and Methodology Skills
City of London
Contract vacancies with a requirement for process or methodology skills 6,048 6,049 5,833
As % of all contract IT jobs advertised in the City of London 86.39% 89.15% 87.94%
Number of daily rates quoted 4,815 4,753 4,684
City of London median daily rate £505 £500 £475
Median daily rate % change year-on-year +1.00% +5.26% +2.70%
10th Percentile £325 £325 £313
90th Percentile £675 £675 £663
Central London median daily rate £500 £500 £475
% change year-on-year - +5.26% +5.56%
Number of hourly rates quoted 101 57 51
City of London median hourly rate £18.70 £18.70 £19.00
Median hourly rate % change year-on-year - -1.58% -5.00%
10th Percentile £13.00 £13.31 £11.25
90th Percentile £33.00 £31.05 £55.00
Central London median hourly rate £18.70 £18.70 £19.00
% change year-on-year - -1.58% -4.32%

Electronic Trading
Job Vacancy Trend in the City of London

Job postings citing Electronic Trading as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Electronic Trading in the City of London

Electronic Trading
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Electronic Trading in the City of London.

Contractor daily rate trend for Electronic Trading in the City of London

Electronic Trading
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Electronic Trading in the City of London over the 6 months to 15 October 2018.

Contractor daily rate histogram for Electronic Trading in the City of London

Electronic Trading
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Electronic Trading in the City of London.

Contractor hourly rate trend for Electronic Trading in the City of London

For the 6 months to 15 October 2018, IT contractor jobs citing Electronic Trading also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region with a requirement for Electronic Trading.

1 101 (69.18%) Java
2 75 (51.37%) Front Office
3 72 (49.32%) Banking
4 70 (47.95%) Low Latency
5 57 (39.04%) Multithreading
6 48 (32.88%) Foreign Exchange (FX)
7 46 (31.51%) Finance
8 40 (27.40%) Fixed Income
9 35 (23.97%) Investment Banking
10 34 (23.29%) Agile Software Development
11 30 (20.55%) JavaScript
11 30 (20.55%) Linux
12 27 (18.49%) FIX Protocol
13 24 (16.44%) Equities
14 22 (15.07%) ION Trading
14 22 (15.07%) TIBCO
15 20 (13.70%) Derivative
15 20 (13.70%) Node.js
15 20 (13.70%) AngularJS
16 19 (13.01%) TypeScript
17 18 (12.33%) ION MarketView
17 18 (12.33%) Java 8
18 17 (11.64%) Test Automation
19 16 (10.96%) Open Source
19 16 (10.96%) Ultra-Low Latency
19 16 (10.96%) Rendezvous
19 16 (10.96%) JMS
19 16 (10.96%) C#
20 15 (10.27%) .NET
20 15 (10.27%) TIBCO EMS

Electronic Trading
Co-occurring 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 (0.68%) MTS
Business Applications
1 18 (12.33%) ION MarketView
2 5 (3.42%) Bloomberg TOMS
3 1 (0.68%) Sentinel
3 1 (0.68%) thinkFolio
Cloud Services
1 15 (10.27%) Amazon AWS
2 14 (9.59%) Microsoft Azure
Communications & Networking
1 2 (1.37%) DMZ
2 1 (0.68%) BGP
2 1 (0.68%) Multicast
2 1 (0.68%) OSPF
2 1 (0.68%) WAN
2 1 (0.68%) WebEx
Database & Business Intelligence
1 9 (6.16%) NoSQL
1 9 (6.16%) SQL Server
2 6 (4.11%) KDB
3 4 (2.74%) DB2
4 3 (2.05%) MongoDB
5 2 (1.37%) Blockchain
5 2 (1.37%) Kdb+
6 1 (0.68%) Apache Cassandra
6 1 (0.68%) Big Data
6 1 (0.68%) Hadoop
6 1 (0.68%) SQL Server 2008
Development Applications
1 6 (4.11%) Maven
2 4 (2.74%) Git (software)
2 4 (2.74%) Robot Framework
3 3 (2.05%) Atlassian Bamboo
3 3 (2.05%) Moq
3 3 (2.05%) NUnit
3 3 (2.05%) Rhino Mocks
3 3 (2.05%) SpecFlow
3 3 (2.05%) Subversion
3 3 (2.05%) Visual Studio
4 2 (1.37%) Jenkins
4 2 (1.37%) TeamCity
4 2 (1.37%) Visual Studio Code
5 1 (0.68%) JUnit
General
1 75 (51.37%) Front Office
2 72 (49.32%) Banking
3 46 (31.51%) Finance
4 35 (23.97%) Investment Banking
5 13 (8.90%) Advertising
6 7 (4.79%) Back Office
7 2 (1.37%) Financial Institution
7 2 (1.37%) Marketing
Job Titles
1 112 (76.71%) Developer
2 73 (50.00%) Java Developer
3 58 (39.73%) Senior Developer
4 40 (27.40%) Senior Java Developer
5 35 (23.97%) Electronic Trading Developer
6 25 (17.12%) Electronic Trading Java Developer
7 18 (12.33%) Front Office Developer
8 13 (8.90%) Low Latency Java Developer
9 9 (6.16%) JavaScript Developer
10 6 (4.11%) Front End Developer (Client-Side Developer)
11 5 (3.42%) Credit Risk Developer
11 5 (3.42%) Credit Risk Java Developer
11 5 (3.42%) Senior Credit Risk Java Developer
11 5 (3.42%) UI Developer
11 5 (3.42%) Web Developer
11 5 (3.42%) Web UI Developer
12 4 (2.74%) Analyst
12 4 (2.74%) Business Analyst
12 4 (2.74%) C# Developer
12 4 (2.74%) Java Engineer
Libraries, Frameworks & Software Standards
1 27 (18.49%) FIX Protocol
2 20 (13.70%) AngularJS
2 20 (13.70%) Node.js
3 16 (10.96%) JMS
3 16 (10.96%) Rendezvous
4 15 (10.27%) .NET
4 15 (10.27%) TIBCO EMS
5 12 (8.22%) RxJS
6 11 (7.53%) Socket.IO
7 9 (6.16%) HTML
7 9 (6.16%) HTML5
8 7 (4.79%) Kendo UI
9 6 (4.11%) XML
10 5 (3.42%) Middleware
10 5 (3.42%) React
11 4 (2.74%) CSS
11 4 (2.74%) WCF
11 4 (2.74%) WPF
12 3 (2.05%) ActiveMQ
12 3 (2.05%) MSMQ
Miscellaneous
1 48 (32.88%) Foreign Exchange (FX)
2 40 (27.40%) Fixed Income
3 24 (16.44%) Equities
4 20 (13.70%) Derivative
5 14 (9.59%) Greenfield Project
6 7 (4.79%) User Experience
7 5 (3.42%) Credit Risk
7 5 (3.42%) Self-Motivation
8 4 (2.74%) Algorithms
8 4 (2.74%) Computer Science
8 4 (2.74%) Equity Derivative
8 4 (2.74%) Fintech
9 3 (2.05%) Data Centre
10 2 (1.37%) Interest Rate Derivative
11 1 (0.68%) Analytical Skills
11 1 (0.68%) Credit Derivative
11 1 (0.68%) Data Structures
11 1 (0.68%) Eurex
11 1 (0.68%) OTC Derivatives
11 1 (0.68%) Reference Data
Operating Systems
1 30 (20.55%) Linux
2 5 (3.42%) Windows
3 3 (2.05%) Red Hat Enterprise Linux
4 1 (0.68%) Unix
Processes & Methodologies
1 70 (47.95%) Low Latency
2 57 (39.04%) Multithreading
3 34 (23.29%) Agile Software Development
4 17 (11.64%) Test Automation
5 16 (10.96%) Open Source
5 16 (10.96%) Ultra-Low Latency
6 15 (10.27%) Deployment Automation
7 14 (9.59%) Market Making
7 14 (9.59%) Multithreaded Programming
8 12 (8.22%) Migration
9 11 (7.53%) Algorithmic Trading
9 11 (7.53%) Concurrent Programming
10 10 (6.85%) Web Development
11 9 (6.16%) Front End Development
11 9 (6.16%) OO
12 7 (4.79%) Change Control
12 7 (4.79%) Defect Management
12 7 (4.79%) Scrum
12 7 (4.79%) System Testing
12 7 (4.79%) User Acceptance Testing
Programming Languages
1 101 (69.18%) Java
2 30 (20.55%) JavaScript
3 19 (13.01%) TypeScript
4 18 (12.33%) Java 8
5 16 (10.96%) C#
6 14 (9.59%) SQL
7 9 (6.16%) Bash Shell
8 6 (4.11%) R
9 5 (3.42%) Python
10 2 (1.37%) C
10 2 (1.37%) C++
10 2 (1.37%) ES6
10 2 (1.37%) Perl
11 1 (0.68%) Clojure
11 1 (0.68%) Scala
11 1 (0.68%) Tcl
11 1 (0.68%) T-SQL
11 1 (0.68%) XAML
Qualifications
1 8 (5.48%) Degree
Quality Assurance & Compliance
1 2 (1.37%) MiFID
2 1 (0.68%) PMO
2 1 (0.68%) QA
System Software
1 1 (0.68%) Docker
Systems Management
1 2 (1.37%) Kubernetes
Vendors
1 22 (15.07%) ION Trading
1 22 (15.07%) TIBCO
2 11 (7.53%) Sybase
3 6 (4.11%) Bloomberg
4 2 (1.37%) Arista
4 2 (1.37%) Informatica
4 2 (1.37%) Oracle
4 2 (1.37%) Tradeweb
5 1 (0.68%) Atlassian
5 1 (0.68%) Charles River
5 1 (0.68%) Cisco
5 1 (0.68%) eSpeed
5 1 (0.68%) MarketAxess
5 1 (0.68%) Microsoft