Period
to 23 April 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 23 April 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
23 Apr 2018
Same period 2017 Same period 2016
Rank 77 120 136
Rank change year-on-year +43 +16 +15
Contract jobs citing Electronic Trading 220 123 90
As % of all contract IT jobs advertised in the City of London 3.14% 2.00% 1.39%
As % of the Processes & Methodologies category 3.57% 2.30% 1.59%
Number of daily rates quoted 212 106 83
City of London median daily rate £675 £600 £588
Median daily rate % change year-on-year +12.50% +2.13% -6.00%
10th Percentile £600 £522 £500
90th Percentile £850 £694 £808
Central London median daily rate £675 £600 £588
% change year-on-year +12.50% +2.13% -6.00%
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 6,170 5,353 5,676
As % of all contract IT jobs advertised in the City of London 87.97% 87.21% 87.59%
Number of daily rates quoted 4,884 4,172 4,518
City of London median daily rate £510 £500 £475
Median daily rate % change year-on-year +2.00% +5.26% +5.56%
10th Percentile £339 £313 £300
90th Percentile £695 £663 £650
Central London median daily rate £500 £475 £471
% change year-on-year +5.26% +0.80% +4.72%
Number of hourly rates quoted 91 44 63
City of London median hourly rate £19.25 £20.85 £21.78
Median hourly rate % change year-on-year -7.66% -4.28% +8.90%
10th Percentile £11.81 £13.50 £12.30
90th Percentile £38.50 £29.77 £53.85
Central London median hourly rate £20.00 £17.44 £21.62
% change year-on-year +14.68% -19.32% +13.79%

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 April 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 23 April 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.

1 161 (73.18%) Java
2 120 (54.55%) Banking
3 103 (46.82%) Low Latency
4 99 (45.00%) Front Office
4 99 (45.00%) Foreign Exchange (FX)
5 68 (30.91%) FIX Protocol
5 68 (30.91%) Multithreading
6 61 (27.73%) Finance
7 48 (21.82%) Linux
8 42 (19.09%) Java 8
9 39 (17.73%) Investment Banking
10 37 (16.82%) ION Trading
11 35 (15.91%) KDB
11 35 (15.91%) ION MarketView
12 34 (15.45%) TIBCO
13 32 (14.55%) Equities
14 31 (14.09%) Sybase
14 31 (14.09%) TIBCO EMS
15 28 (12.73%) Deployment Automation
16 27 (12.27%) Integration Testing
17 26 (11.82%) Red Hat Enterprise Linux
17 26 (11.82%) Agile Software Development
17 26 (11.82%) Ultra-Low Latency
18 24 (10.91%) Java Concurrency
18 24 (10.91%) Fixed Income
19 22 (10.00%) SQL
19 22 (10.00%) Credit Risk
20 20 (9.09%) Greenfield Project
20 20 (9.09%) C#
21 19 (8.64%) Migration

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 13 (5.91%) GemFire
2 4 (1.82%) Elasticsearch
3 3 (1.36%) Confluence
4 1 (0.45%) Apache Solr
4 1 (0.45%) Apache Spark
4 1 (0.45%) Tomcat
Applications
1 2 (0.91%) Microsoft Excel
1 2 (0.91%) Microsoft Office
Business Applications
1 35 (15.91%) ION MarketView
2 2 (0.91%) Kondor
3 1 (0.45%) Bloomberg TOMS
3 1 (0.45%) thinkFolio
Cloud Services
1 3 (1.36%) Yarn
2 2 (0.91%) npm
3 1 (0.45%) Amazon AWS
3 1 (0.45%) Microsoft Azure
Communications & Networking
1 5 (2.27%) FIX Connectivity
2 4 (1.82%) Firewall
3 1 (0.45%) DMZ
3 1 (0.45%) Kerberos
3 1 (0.45%) WebEx
Database & Business Intelligence
1 35 (15.91%) KDB
2 17 (7.73%) Hazelcast
3 9 (4.09%) SQL Server
4 3 (1.36%) SQL Server 2008
4 3 (1.36%) SQL Server 2014
5 2 (0.91%) Relational Database
6 1 (0.45%) Apache Hive
6 1 (0.45%) Big Data
6 1 (0.45%) Blockchain
6 1 (0.45%) Hadoop
6 1 (0.45%) HBase
6 1 (0.45%) Kdb+
6 1 (0.45%) NoSQL
6 1 (0.45%) Sqoop
Development Applications
1 7 (3.18%) TeamCity
2 4 (1.82%) Git (software)
3 3 (1.36%) Atlassian Bamboo
3 3 (1.36%) JIRA
3 3 (1.36%) Maven
3 3 (1.36%) ReSharper
3 3 (1.36%) Subversion
3 3 (1.36%) Visual Studio
4 2 (0.91%) Jenkins
4 2 (0.91%) JUnit
5 1 (0.45%) Bitbucket
5 1 (0.45%) Gradle
5 1 (0.45%) Moq
5 1 (0.45%) NUnit
General
1 120 (54.55%) Banking
2 99 (45.00%) Front Office
3 61 (27.73%) Finance
4 39 (17.73%) Investment Banking
5 11 (5.00%) Back Office
6 1 (0.45%) Financial Institution
6 1 (0.45%) Marketing
Job Titles
1 161 (73.18%) Developer
2 134 (60.91%) Java Developer
3 68 (30.91%) Senior Developer
4 66 (30.00%) Senior Java Developer
5 53 (24.09%) Electronic Trading Developer
6 46 (20.91%) Electronic Trading Java Developer
7 23 (10.45%) Front Office Developer
8 22 (10.00%) Credit Risk Developer
8 22 (10.00%) Credit Risk Java Developer
8 22 (10.00%) Senior Credit Risk Java Developer
9 17 (7.73%) Low Latency Java Developer
10 13 (5.91%) Analyst
10 13 (5.91%) Business Analyst
11 12 (5.45%) Applications Support
12 9 (4.09%) C# Developer
12 9 (4.09%) Electronic Trading Business Analyst
12 9 (4.09%) Support Analyst
13 8 (3.64%) Applications Support Analyst
14 7 (3.18%) Lead Developer
14 7 (3.18%) Lead Java Developer
Libraries, Frameworks & Software Standards
1 68 (30.91%) FIX Protocol
2 31 (14.09%) TIBCO EMS
3 24 (10.91%) Java Concurrency
4 12 (5.45%) WPF
5 10 (4.55%) .NET
6 9 (4.09%) HTML
7 8 (3.64%) Rendezvous
8 6 (2.73%) AngularJS
8 6 (2.73%) HTML5
9 4 (1.82%) Elastic Stack
9 4 (1.82%) JMS
9 4 (1.82%) Node.js
9 4 (1.82%) RxJS
9 4 (1.82%) Socket.IO
10 3 (1.36%) Hibernate
10 3 (1.36%) LINQ
10 3 (1.36%) React
10 3 (1.36%) Spring
10 3 (1.36%) Spring Boot
10 3 (1.36%) WCF
Miscellaneous
1 99 (45.00%) Foreign Exchange (FX)
2 32 (14.55%) Equities
3 24 (10.91%) Fixed Income
4 22 (10.00%) Credit Risk
5 20 (9.09%) Greenfield Project
6 18 (8.18%) Derivative
7 16 (7.27%) Equity Derivative
8 12 (5.45%) User Experience
9 9 (4.09%) Analytical Skills
10 4 (1.82%) N-Tier
11 2 (0.91%) Computer Science
12 1 (0.45%) Algorithms
12 1 (0.45%) Data Centre
12 1 (0.45%) Fintech
Operating Systems
1 48 (21.82%) Linux
2 26 (11.82%) Red Hat Enterprise Linux
3 6 (2.73%) Unix
4 5 (2.27%) Windows
Processes & Methodologies
1 103 (46.82%) Low Latency
2 68 (30.91%) Multithreading
3 28 (12.73%) Deployment Automation
4 27 (12.27%) Integration Testing
5 26 (11.82%) Agile Software Development
5 26 (11.82%) Ultra-Low Latency
6 19 (8.64%) Migration
7 16 (7.27%) Multithreaded Programming
8 15 (6.82%) Algorithmic Trading
8 15 (6.82%) Concurrent Programming
9 13 (5.91%) Functional Programming
10 9 (4.09%) MVVM
10 9 (4.09%) Risk Management
10 9 (4.09%) Web Development
11 8 (3.64%) Market Making
11 8 (3.64%) Requirements Analysis
11 8 (3.64%) Unit Testing
12 7 (3.18%) Continuous Integration
13 6 (2.73%) E-Commerce
13 6 (2.73%) User Acceptance Testing
Programming Languages
1 161 (73.18%) Java
2 42 (19.09%) Java 8
3 22 (10.00%) SQL
4 20 (9.09%) C#
5 17 (7.73%) Clojure
6 14 (6.36%) JavaScript
7 11 (5.00%) Python
8 10 (4.55%) C++
9 7 (3.18%) TypeScript
10 6 (2.73%) Bash Shell
11 3 (1.36%) ES6
11 3 (1.36%) Perl
12 2 (0.91%) Go
12 2 (0.91%) Kotlin
12 2 (0.91%) Scala
13 1 (0.45%) C
13 1 (0.45%) Korn
13 1 (0.45%) R
13 1 (0.45%) T-SQL
Qualifications
1 6 (2.73%) Degree
2 1 (0.45%) Computer Science Degree
2 1 (0.45%) PhD
Quality Assurance & Compliance
1 3 (1.36%) MiFID
2 1 (0.45%) QA
2 1 (0.45%) SLA
System Software
1 1 (0.45%) Apache ZooKeeper
1 1 (0.45%) HDFS
Systems Management
1 4 (1.82%) Kibana
1 4 (1.82%) logstash
2 1 (0.45%) Ansible
2 1 (0.45%) Hadoop YARN
2 1 (0.45%) Oozie
2 1 (0.45%) Opscode Chef
Vendors
1 37 (16.82%) ION Trading
2 34 (15.45%) TIBCO
3 31 (14.09%) Sybase
4 6 (2.73%) Microsoft
5 5 (2.27%) Reuters
6 4 (1.82%) Bloomberg
6 4 (1.82%) Oracle
7 3 (1.36%) Atlassian
7 3 (1.36%) Charles River
7 3 (1.36%) FXall
8 2 (0.91%) Fidessa
8 2 (0.91%) Tradeweb
9 1 (0.45%) ServiceNow
9 1 (0.45%) Tableau
9 1 (0.45%) Typemock