Period
to 23 January 2019

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 23 January 2019 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
23 Jan 2019
Same period 2018 Same period 2017
Rank 140 71 145
Rank change year-on-year -69 +74 -23
Contract jobs citing Electronic Trading 117 244 93
As % of all contract IT jobs advertised in the City of London 1.71% 3.42% 1.51%
As % of the Processes & Methodologies category 1.95% 3.85% 1.70%
Number of daily rates quoted 104 225 86
City of London median daily rate £700 £675 £600
Median daily rate % change year-on-year +3.70% +12.50% -
10th Percentile £579 £568 £425
90th Percentile £800 £838 £713
Central London median daily rate £700 £675 £600
% change year-on-year +3.70% +12.50% -
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 5,997 6,345 5,486
As % of all contract IT jobs advertised in the City of London 87.80% 88.99% 88.91%
Number of daily rates quoted 4,690 5,071 4,355
City of London median daily rate £513 £500 £475
Median daily rate % change year-on-year +2.50% +5.26% -
10th Percentile £314 £325 £313
90th Percentile £675 £688 £665
Central London median daily rate £513 £500 £475
% change year-on-year +2.50% +5.26% +5.32%
Number of hourly rates quoted 65 64 49
City of London median hourly rate £19.25 £18.70 £20.75
Median hourly rate % change year-on-year +2.94% -9.88% -5.14%
10th Percentile £13.00 £11.67 £13.70
90th Percentile £36.25 £31.35 £55.00
Central London median hourly rate £20.00 £20.75 £19.00
% change year-on-year -3.61% +9.21% -12.10%

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 23 January 2019.

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 23 January 2019, 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 99 (84.62%) Java
2 72 (61.54%) Front Office
3 69 (58.97%) Banking
4 58 (49.57%) Low Latency
5 53 (45.30%) Multithreading
6 50 (42.74%) Agile Software Development
7 40 (34.19%) Fixed Income
8 37 (31.62%) Finance
9 36 (30.77%) Foreign Exchange (FX)
10 34 (29.06%) Investment Banking
11 26 (22.22%) Derivative
12 25 (21.37%) Greenfield Project
13 21 (17.95%) Equities
14 20 (17.09%) Open Source
14 20 (17.09%) Client Onboarding
15 19 (16.24%) JavaScript
16 17 (14.53%) OO
17 16 (13.68%) FIX Protocol
18 14 (11.97%) HTML5
18 14 (11.97%) ION Trading
18 14 (11.97%) TIBCO
18 14 (11.97%) HTML
18 14 (11.97%) XML
19 12 (10.26%) Migration
20 11 (9.40%) Rendezvous
20 11 (9.40%) JMS
20 11 (9.40%) Linux
21 10 (8.55%) Problem-Solving
22 9 (7.69%) FXall
22 9 (7.69%) Web Development

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 2 (1.71%) Confluence
Business Applications
1 3 (2.56%) ION MarketView
2 1 (0.85%) 3000 Xtra
2 1 (0.85%) Bloomberg TOMS
2 1 (0.85%) RMDS
Cloud Services
1 5 (4.27%) Amazon AWS
2 2 (1.71%) Microsoft Azure
3 1 (0.85%) GitHub
Communications & Networking
1 2 (1.71%) DMZ
2 1 (0.85%) BGP
2 1 (0.85%) Multicast
2 1 (0.85%) OSPF
2 1 (0.85%) WAN
Database & Business Intelligence
1 8 (6.84%) SQL Server
2 6 (5.13%) KDB
2 6 (5.13%) NoSQL
3 5 (4.27%) DB2
4 4 (3.42%) Kdb+
Development Applications
1 5 (4.27%) Jenkins
1 5 (4.27%) Maven
1 5 (4.27%) Robot Framework
2 3 (2.56%) Subversion
3 2 (1.71%) Git (software)
3 2 (1.71%) GitLab
3 2 (1.71%) JIRA
3 2 (1.71%) Moq
3 2 (1.71%) NUnit
3 2 (1.71%) Rhino Mocks
3 2 (1.71%) SpecFlow
4 1 (0.85%) Cucumber
4 1 (0.85%) Jasmine
4 1 (0.85%) Selenium
General
1 72 (61.54%) Front Office
2 69 (58.97%) Banking
3 37 (31.62%) Finance
4 34 (29.06%) Investment Banking
5 3 (2.56%) Financial Institution
Job Titles
1 101 (86.32%) Developer
2 82 (70.09%) Java Developer
3 35 (29.91%) Front Office Developer
4 34 (29.06%) Electronic Trading Developer
5 30 (25.64%) Electronic Trading Java Developer
6 27 (23.08%) Senior Developer
7 25 (21.37%) Senior Java Developer
8 13 (11.11%) Low Latency Java Developer
9 7 (5.98%) JavaScript Developer
10 5 (4.27%) UI Developer
11 3 (2.56%) Analyst
11 3 (2.56%) Applications Support
11 3 (2.56%) C# Developer
11 3 (2.56%) Consultant
11 3 (2.56%) Full Stack Developer
11 3 (2.56%) Java Pricing Developer
11 3 (2.56%) KDB Developer
11 3 (2.56%) Pricing Developer
11 3 (2.56%) Web Developer
11 3 (2.56%) Web UI Developer
Libraries, Frameworks & Software Standards
1 16 (13.68%) FIX Protocol
2 14 (11.97%) HTML
2 14 (11.97%) HTML5
2 14 (11.97%) XML
3 11 (9.40%) JMS
3 11 (9.40%) Rendezvous
4 8 (6.84%) CSS
5 7 (5.98%) Middleware
6 6 (5.13%) React
6 6 (5.13%) XSD
6 6 (5.13%) XSLT
7 5 (4.27%) TIBCO EMS
8 4 (3.42%) WPF
9 3 (2.56%) .NET
10 2 (1.71%) ActiveMQ
10 2 (1.71%) MSMQ
10 2 (1.71%) scikit-learn
10 2 (1.71%) Velocity
10 2 (1.71%) WCF
10 2 (1.71%) WinForms
Miscellaneous
1 40 (34.19%) Fixed Income
2 36 (30.77%) Foreign Exchange (FX)
3 26 (22.22%) Derivative
4 25 (21.37%) Greenfield Project
5 21 (17.95%) Equities
6 8 (6.84%) Self-Motivation
7 6 (5.13%) Algorithms
8 4 (3.42%) Equity Derivative
8 4 (3.42%) User Experience
9 3 (2.56%) Analytical Skills
9 3 (2.56%) Data Centre
10 2 (1.71%) Credit Risk
10 2 (1.71%) Fintech
11 1 (0.85%) Data Structures
Operating Systems
1 11 (9.40%) Linux
2 4 (3.42%) Unix
3 3 (2.56%) Windows
4 1 (0.85%) Red Hat Enterprise Linux
Processes & Methodologies
1 58 (49.57%) Low Latency
2 53 (45.30%) Multithreading
3 50 (42.74%) Agile Software Development
4 20 (17.09%) Client Onboarding
4 20 (17.09%) Open Source
5 17 (14.53%) OO
6 12 (10.26%) Migration
7 10 (8.55%) Problem-Solving
8 9 (7.69%) Web Development
9 8 (6.84%) Computer Science
9 8 (6.84%) Front End Development
9 8 (6.84%) Scrum
9 8 (6.84%) Test Automation
10 7 (5.98%) Algorithmic Trading
10 7 (5.98%) OOD
11 6 (5.13%) Analytics
11 6 (5.13%) Change Control
11 6 (5.13%) Defect Management
11 6 (5.13%) System Testing
11 6 (5.13%) User Acceptance Testing
Programming Languages
1 99 (84.62%) Java
2 19 (16.24%) JavaScript
3 8 (6.84%) Java 8
3 8 (6.84%) SQL
4 6 (5.13%) C#
5 4 (3.42%) Python
6 2 (1.71%) C
6 2 (1.71%) C++
6 2 (1.71%) Perl
6 2 (1.71%) Shell Script
6 2 (1.71%) TypeScript
7 1 (0.85%) ES6
7 1 (0.85%) XAML
Qualifications
1 3 (2.56%) Computer Science Degree
1 3 (2.56%) Degree
Quality Assurance & Compliance
1 2 (1.71%) QA
2 1 (0.85%) Data Quality
2 1 (0.85%) PMO
Systems Management
1 2 (1.71%) Kubernetes
Vendors
1 14 (11.97%) ION Trading
1 14 (11.97%) TIBCO
2 9 (7.69%) FXall
3 6 (5.13%) Sybase
4 4 (3.42%) Oracle
5 3 (2.56%) Google
6 2 (1.71%) Arista
6 2 (1.71%) Bloomberg
6 2 (1.71%) Informatica
6 2 (1.71%) Solace
7 1 (0.85%) Cisco
7 1 (0.85%) Reuters