Period
to 20 September 2021

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 20 September 2021 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
20 Sep 2021
Same period 2020 Same period 2019
Rank 83 78 199
Rank change year-on-year -5 +121 -72
Contract jobs citing Electronic Trading 96 37 41
As % of all contract jobs advertised in the City of London 2.66% 2.13% 0.66%
As % of the Processes & Methodologies category 2.94% 2.40% 0.72%
Number of daily rates quoted 81 23 31
10th Percentile £566 £520 £475
25th Percentile £625 £639 £581
Median daily rate (50th Percentile) £675 £750 £675
Median % change year-on-year -10.00% +11.11% +3.85%
75th Percentile £800 £813 £725
90th Percentile " £845 £750
Central London median daily rate £675 £750 £675
% change year-on-year -10.00% +11.11% +3.85%

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 3,266 1,544 5,668
As % of all contract IT jobs advertised in the City of London 90.55% 89.04% 90.64%
Number of daily rates quoted 2,416 1,129 4,484
10th Percentile £363 £313 £338
25th Percentile £460 £416 £425
Median daily rate (50th Percentile) £550 £513 £525
Median % change year-on-year +7.32% -2.38% +3.96%
75th Percentile £650 £600 £600
90th Percentile £738 £675 £675
Central London median daily rate £550 £513 £520
% change year-on-year +7.32% -1.44% +4.00%
Number of hourly rates quoted 40 33 68
10th Percentile £11.15 £14.60 £11.25
25th Percentile £16.07 £17.50 £12.04
Median hourly rate £27.75 £35.50 £16.50
Median % change year-on-year -21.83% +115.15% -11.76%
75th Percentile £38.50 £46.00 £23.56
90th Percentile £63.25 £51.55 £45.41
Central London median hourly rate £26.00 £34.50 £19.00
% change year-on-year -24.64% +81.58% +1.60%

Electronic Trading
Job Vacancy Trend in the City of London

Job postings citing Electronic Trading as a proportion 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

3-month moving average daily rate quoted in jobs citing Electronic Trading in the City of London.

Daily rate trend for Electronic Trading in the City of London

Electronic Trading
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Electronic Trading in the City of London over the 6 months to 20 September 2021.

Daily rate histogram for Electronic Trading in the City of London

Electronic Trading
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Electronic Trading in the City of London.

Hourly rate trend for Electronic Trading in the City of London

For the 6 months to 20 September 2021, 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 63 (65.63%) Java
2 60 (62.50%) Front Office
3 52 (54.17%) Agile Software Development
4 49 (51.04%) Foreign Exchange (FX)
5 45 (46.88%) Low Latency
6 44 (45.83%) Multithreading
7 32 (33.33%) TDD
8 31 (32.29%) Fixed Income
9 26 (27.08%) Banking
10 25 (26.04%) Finance
11 20 (20.83%) Java 11
12 19 (19.79%) BDD
13 18 (18.75%) C#
13 18 (18.75%) .NET
13 18 (18.75%) Enterprise Software
14 17 (17.71%) Microservices
14 17 (17.71%) Garbage Collection
14 17 (17.71%) Continuous Improvement
15 16 (16.67%) SQL
16 14 (14.58%) Investment Banking
16 14 (14.58%) AngularJS
17 13 (13.54%) ION Trading
18 12 (12.50%) Spring
18 12 (12.50%) Azure
19 11 (11.46%) AWS
19 11 (11.46%) Linux
19 11 (11.46%) DevOps
20 9 (9.38%) .NET Core
20 9 (9.38%) Social Skills
20 9 (9.38%) C++

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 (1.04%) Confluence
Applications
1 8 (8.33%) Spreadsheet
Business Applications
1 5 (5.21%) ION MarketView
2 1 (1.04%) RMDS
Cloud Services
1 12 (12.50%) Azure
2 11 (11.46%) AWS
Communications & Networking
1 5 (5.21%) TCP/IP
2 2 (2.08%) Multicast
3 1 (1.04%) Firewall
3 1 (1.04%) Internet
Database & Business Intelligence
1 6 (6.25%) Hazelcast
2 4 (4.17%) SQL Server
3 3 (3.13%) KDB
3 3 (3.13%) Relational Database
4 1 (1.04%) NoSQL
4 1 (1.04%) RDBMS
4 1 (1.04%) Redis
Development Applications
1 5 (5.21%) TeamCity
2 4 (4.17%) Git (software)
2 4 (4.17%) JIRA
3 3 (3.13%) JUnit
4 2 (2.08%) GCC
4 2 (2.08%) GDB
4 2 (2.08%) Jasmine
4 2 (2.08%) Karma Test Runner
4 2 (2.08%) Octopus Deploy
5 1 (1.04%) Cucumber
5 1 (1.04%) IntelliJ
5 1 (1.04%) JBehave
5 1 (1.04%) Jenkins
5 1 (1.04%) Maven
5 1 (1.04%) Moq
5 1 (1.04%) Selenium
5 1 (1.04%) Subversion
General
1 60 (62.50%) Front Office
2 26 (27.08%) Banking
3 25 (26.04%) Finance
4 14 (14.58%) Investment Banking
5 9 (9.38%) Social Skills
6 3 (3.13%) Legal
7 2 (2.08%) Analytical Skills
8 1 (1.04%) Financial Institution
8 1 (1.04%) Games
Job Titles
1 80 (83.33%) Developer
2 48 (50.00%) Java Developer
3 21 (21.88%) Electronic Trading Developer
3 21 (21.88%) Electronic Trading Java Developer
4 12 (12.50%) C# Developer
4 12 (12.50%) Senior Developer
5 9 (9.38%) C++ Developer
5 9 (9.38%) Consultant
5 9 (9.38%) Electronic Trading Consultant
6 8 (8.33%) Java Consultant
6 8 (8.33%) Low Latency Java Developer
6 8 (8.33%) Pricing Consultant
7 7 (7.29%) Low Latency C++ Developer
7 7 (7.29%) Senior Java Developer
8 6 (6.25%) E-Commerce Developer
8 6 (6.25%) Java E-Commerce Developer
9 5 (5.21%) .NET Developer
10 4 (4.17%) Front End Developer (Client-Side Developer)
10 4 (4.17%) Front Office Developer
10 4 (4.17%) Pricing Developer
Libraries, Frameworks & Software Standards
1 18 (18.75%) .NET
2 14 (14.58%) AngularJS
3 12 (12.50%) Spring
4 9 (9.38%) .NET Core
5 7 (7.29%) Spring Boot
6 6 (6.25%) Middleware
7 5 (5.21%) gRPC
7 5 (5.21%) Protocol Buffers
8 3 (3.13%) ASP.NET Web API
8 3 (3.13%) FIX Protocol
8 3 (3.13%) HTML
8 3 (3.13%) HTML5
8 3 (3.13%) RESTful
8 3 (3.13%) Ultra Messaging
9 2 (2.08%) ASP.NET
9 2 (2.08%) Boost C++ Libraries
9 2 (2.08%) CSS
9 2 (2.08%) STL
9 2 (2.08%) TIBCO EMS
9 2 (2.08%) WPF
Miscellaneous
1 49 (51.04%) Foreign Exchange (FX)
2 31 (32.29%) Fixed Income
3 18 (18.75%) Enterprise Software
4 8 (8.33%) Legacy Systems
5 7 (7.29%) Client/Server
6 6 (6.25%) Greenfield Project
7 3 (3.13%) Management Information System
8 2 (2.08%) Derivative
8 2 (2.08%) Equities
8 2 (2.08%) Market Risk
9 1 (1.04%) Contract for Difference
9 1 (1.04%) Equity Derivative
9 1 (1.04%) Hedge funds
9 1 (1.04%) User Experience
Operating Systems
1 11 (11.46%) Linux
2 2 (2.08%) Unix
Processes & Methodologies
1 52 (54.17%) Agile Software Development
2 45 (46.88%) Low Latency
3 44 (45.83%) Multithreading
4 32 (33.33%) TDD
5 19 (19.79%) BDD
6 17 (17.71%) Continuous Improvement
6 17 (17.71%) Garbage Collection
6 17 (17.71%) Microservices
7 11 (11.46%) DevOps
8 8 (8.33%) Computer Science
8 8 (8.33%) Fintech
8 8 (8.33%) High Availability
8 8 (8.33%) Risk Management
9 6 (6.25%) Concurrent Programming
9 6 (6.25%) E-Commerce
9 6 (6.25%) Full Stack Development
9 6 (6.25%) SDLC
9 6 (6.25%) Software Engineering
10 5 (5.21%) Market Making
10 5 (5.21%) Multithreaded Programming
Programming Languages
1 63 (65.63%) Java
2 20 (20.83%) Java 11
3 18 (18.75%) C#
4 16 (16.67%) SQL
5 9 (9.38%) C++
6 8 (8.33%) TypeScript
7 3 (3.13%) Java 8
7 3 (3.13%) JavaScript
8 2 (2.08%) ES6
8 2 (2.08%) Python
9 1 (1.04%) PowerShell
9 1 (1.04%) Shell Script
Qualifications
1 8 (8.33%) Computer Science Degree
1 8 (8.33%) Degree
Quality Assurance & Compliance
1 3 (3.13%) PMO
2 2 (2.08%) QA
System Software
1 3 (3.13%) Docker
Vendors
1 13 (13.54%) ION Trading
2 6 (6.25%) Solace
3 3 (3.13%) Perforce
3 3 (3.13%) TIBCO
4 1 (1.04%) Bloomberg
4 1 (1.04%) MarketAxess
4 1 (1.04%) Microsoft
4 1 (1.04%) Oracle
4 1 (1.04%) Tradeweb