Period
to 21 January 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 21 January 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
21 Jan 2018
Same period 2017 Same period 2016
Rank 65 142 122
Rank change year-on-year +77 -20 +31
Contract jobs citing Electronic Trading 239 94 117
As % of all contract IT jobs advertised in the City of London 3.42% 1.52% 1.65%
As % of the Processes & Methodologies category 3.89% 1.73% 1.93%
Number of daily rates quoted 220 87 109
City of London median daily rate £675 £600 £600
Median daily rate % change year-on-year +12.50% - -2.04%
10th Percentile £563 £425 £475
90th Percentile £838 £713 £745
Central London median daily rate £675 £600 £600
% change year-on-year +12.50% - -3.03%
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 6,140 5,428 6,059
As % of all contract IT jobs advertised in the City of London 87.84% 87.89% 85.46%
Number of daily rates quoted 4,912 4,321 4,821
City of London median daily rate £505 £475 £475
Median daily rate % change year-on-year +6.32% - +5.56%
10th Percentile £331 £313 £290
90th Percentile £688 £669 £650
Central London median daily rate £500 £475 £463
% change year-on-year +5.26% +2.70% +2.78%
Number of hourly rates quoted 59 49 54
City of London median hourly rate £18.70 £20.75 £22.00
Median hourly rate % change year-on-year -9.88% -5.68% +15.79%
10th Percentile £11.74 £13.70 £12.50
90th Percentile £31.10 £55.00 £53.45
Central London median hourly rate £20.25 £19.00 £21.75
% change year-on-year +6.58% -12.64% +20.83%

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 21 January 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 21 January 2018, IT contractor jobs citing Electronic Trading also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Electronic Trading.

1 162 (67.78%) Java
2 126 (52.72%) Banking
3 117 (48.95%) Low Latency
4 107 (44.77%) Front Office
4 107 (44.77%) Foreign Exchange (FX)
5 85 (35.56%) Finance
6 72 (30.13%) Multithreading
7 68 (28.45%) FIX Protocol
8 52 (21.76%) Linux
9 44 (18.41%) TIBCO
10 38 (15.90%) ION Trading
11 36 (15.06%) TIBCO EMS
11 36 (15.06%) KDB
12 33 (13.81%) ION MarketView
12 33 (13.81%) Investment Banking
13 32 (13.39%) Derivative
14 31 (12.97%) Agile Software Development
15 30 (12.55%) Multithreaded Programming
16 29 (12.13%) Equities
16 29 (12.13%) Fixed Income
16 29 (12.13%) Sybase
17 28 (11.72%) Concurrent Programming
18 27 (11.30%) Ultra-Low Latency
19 25 (10.46%) SQL
20 24 (10.04%) Equity Derivative
20 24 (10.04%) Algorithmic Trading
20 24 (10.04%) Integration Testing
21 23 (9.62%) Red Hat Enterprise Linux
22 22 (9.21%) Java Concurrency
23 21 (8.79%) 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 13 (5.44%) GemFire
2 4 (1.67%) Oracle Coherence
3 2 (0.84%) Apache
4 1 (0.42%) SharePoint
Applications
1 6 (2.51%) Microsoft Excel
2 5 (2.09%) Microsoft Office
Business Applications
1 33 (13.81%) ION MarketView
2 9 (3.77%) Bloomberg TOMS
3 5 (2.09%) Kondor
4 1 (0.42%) RMDS
4 1 (0.42%) thinkFolio
Cloud Services
1 1 (0.42%) GitHub
Communications & Networking
1 8 (3.35%) FIX Connectivity
2 2 (0.84%) Firewall
Database & Business Intelligence
1 36 (15.06%) KDB
2 9 (3.77%) Hazelcast
3 8 (3.35%) SQL Server
4 6 (2.51%) Kdb+
4 6 (2.51%) Relational Database
5 5 (2.09%) DB2
6 4 (1.67%) RDBMS
7 1 (0.42%) Big Data
7 1 (0.42%) Hadoop
7 1 (0.42%) MySQL
7 1 (0.42%) Oracle Database
Development Applications
1 7 (2.93%) Subversion
2 6 (2.51%) TeamCity
3 5 (2.09%) Maven
4 4 (1.67%) Git (software)
4 4 (1.67%) Gradle
5 3 (1.26%) Bitbucket
5 3 (1.26%) JIRA
5 3 (1.26%) ReSharper
6 1 (0.42%) CodeRush
6 1 (0.42%) Jasmine
6 1 (0.42%) Jenkins
6 1 (0.42%) jMock
6 1 (0.42%) JUnit
6 1 (0.42%) Mockito
6 1 (0.42%) Oracle APEX
6 1 (0.42%) Visual Studio
General
1 126 (52.72%) Banking
2 107 (44.77%) Front Office
3 85 (35.56%) Finance
4 33 (13.81%) Investment Banking
5 8 (3.35%) Back Office
6 4 (1.67%) Telecoms
7 2 (0.84%) Financial Institution
Job Titles
1 179 (74.90%) Developer
2 134 (56.07%) Java Developer
3 63 (26.36%) Electronic Trading Developer
4 60 (25.10%) Senior Developer
5 53 (22.18%) Senior Java Developer
6 49 (20.50%) Electronic Trading Java Developer
7 22 (9.21%) Analyst
8 18 (7.53%) Business Analyst
8 18 (7.53%) Front Office Developer
9 13 (5.44%) C# Developer
10 12 (5.02%) Core Java Developer
10 12 (5.02%) Credit Risk Developer
10 12 (5.02%) Credit Risk Java Developer
10 12 (5.02%) Electronic Trading Business Analyst
10 12 (5.02%) Low Latency Java Developer
10 12 (5.02%) Senior Credit Risk Java Developer
11 11 (4.60%) KDB Developer
12 10 (4.18%) C++ Developer
13 8 (3.35%) Fixed Income Business Analyst
13 8 (3.35%) Lead Developer
Libraries, Frameworks & Software Standards
1 68 (28.45%) FIX Protocol
2 36 (15.06%) TIBCO EMS
3 22 (9.21%) Java Concurrency
4 20 (8.37%) Rendezvous
5 16 (6.69%) JMS
6 15 (6.28%) WPF
7 11 (4.60%) .NET
7 11 (4.60%) HTML
8 10 (4.18%) HTML5
9 7 (2.93%) Middleware
10 6 (2.51%) AngularJS
11 4 (1.67%) LINQ
12 3 (1.26%) .NET Framework
12 3 (1.26%) jQuery
12 3 (1.26%) OSGi
12 3 (1.26%) Reactive Extensions
12 3 (1.26%) Spring
13 2 (0.84%) Ajax
13 2 (0.84%) Hibernate
13 2 (0.84%) WinForms
Miscellaneous
1 107 (44.77%) Foreign Exchange (FX)
2 32 (13.39%) Derivative
3 29 (12.13%) Equities
3 29 (12.13%) Fixed Income
4 24 (10.04%) Equity Derivative
5 16 (6.69%) Analytical Skills
5 16 (6.69%) Greenfield Project
6 12 (5.02%) Credit Risk
7 8 (3.35%) Computer Science
8 6 (2.51%) N-Tier
9 4 (1.67%) User Experience
10 1 (0.42%) Algorithms
10 1 (0.42%) Analytical Mindset
10 1 (0.42%) Clustering
10 1 (0.42%) CMDB
10 1 (0.42%) Fintech
10 1 (0.42%) Wiki
Operating Systems
1 52 (21.76%) Linux
2 23 (9.62%) Red Hat Enterprise Linux
3 8 (3.35%) Unix
4 3 (1.26%) Windows
Processes & Methodologies
1 117 (48.95%) Low Latency
2 72 (30.13%) Multithreading
3 31 (12.97%) Agile Software Development
4 30 (12.55%) Multithreaded Programming
5 28 (11.72%) Concurrent Programming
6 27 (11.30%) Ultra-Low Latency
7 24 (10.04%) Algorithmic Trading
7 24 (10.04%) Integration Testing
8 13 (5.44%) Migration
8 13 (5.44%) Risk Management
9 11 (4.60%) Code Optimisation
9 11 (4.60%) Market Making
10 9 (3.77%) Business Analysis
10 9 (3.77%) TDD
11 8 (3.35%) E-Commerce
11 8 (3.35%) MVVM
11 8 (3.35%) Requirements Analysis
11 8 (3.35%) Test Automation
12 7 (2.93%) Mathematics
12 7 (2.93%) OO
Programming Languages
1 162 (67.78%) Java
2 25 (10.46%) SQL
3 21 (8.79%) C#
4 20 (8.37%) C++
5 13 (5.44%) JavaScript
6 5 (2.09%) Python
7 3 (1.26%) Clojure
7 3 (1.26%) Perl
8 2 (0.84%) C
9 1 (0.42%) Bash Shell
9 1 (0.42%) PHP
9 1 (0.42%) R
9 1 (0.42%) Shell Script
9 1 (0.42%) VB
Qualifications
1 17 (7.11%) Degree
2 3 (1.26%) Computer Science Degree
3 1 (0.42%) PhD
3 1 (0.42%) PMI Certification
3 1 (0.42%) PMP
Quality Assurance & Compliance
1 9 (3.77%) MiFID
2 2 (0.84%) QA
3 1 (0.42%) SLA
Systems Management
1 3 (1.26%) Ansible
1 3 (1.26%) Opscode Chef
2 1 (0.42%) ITRS Geneos
2 1 (0.42%) MOM
Vendors
1 44 (18.41%) TIBCO
2 38 (15.90%) ION Trading
3 29 (12.13%) Sybase
4 15 (6.28%) Bloomberg
5 9 (3.77%) Oracle
6 6 (2.51%) Microsoft
7 5 (2.09%) Reuters
8 3 (1.26%) Charles River
9 2 (0.84%) Tradeweb
10 1 (0.42%) Murex
10 1 (0.42%) ServiceNow