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 3 months to 24 April 2017 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)
London / City of London
3 months to
24 Apr 2017
Same period 2016 Same period 2015
Rank 89 128 129
Rank change year-on-year +39 +1  
Contract jobs citing Electronic Trading 72 38 72
As % of all contract IT jobs advertised in the City of London 2.26% 1.09% 1.31%
As % of the Processes & Methodologies category 2.63% 1.25% 1.59%
Number of daily rates quoted 58 35 65
Median daily rate £600 £575 £600
Median daily rate % change year-on-year +4.34% -4.16%  
90% offered a daily rate of more than £538 £493 £502
10% offered a daily rate of more than £658 £710 £675
UK excluding London median daily rate £439 £450 £296
% change year-on-year -2.50% +51.89%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Electronic Trading is in the process and methodology skills category. The next 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 and methodology skills.

Contract Process & Methodology Skills
City of London
Contract job vacancies with a requirement for process and methodology skills 2736 3047 4528
As % of all contract IT job vacancies advertised in the City of London 85.79% 87.53% 82.28%
Number of daily rates quoted 2102 2477 3496
Median daily rate £500 £475 £463
Median daily rate % change year-on-year +5.26% +2.70%  
90% offered a daily rate of more than £350 £325 £320
10% offered a daily rate of more than £625 £625 £615
UK excluding London median daily rate £413 £400 £393
% change year-on-year +3.12% +1.91%  
Number of hourly rates quoted 27 30 39
Median hourly rate £16.00 £19.00 £27.37
Median hourly rate % change year-on-year -15.78% -30.58%  
90% offered a hourly rate of more than £13.50 £16.75 £15.00
10% offered a hourly rate of more than £28.35 £44.00 £92.50
UK excluding London median hourly rate £36.00 £37.50 £30.35
% change year-on-year -4.00% +23.55%  

Electronic Trading
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Electronic Trading as a proportion of all contract or permanent IT jobs with a match in the Processes & Methodologies category.

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 3 months to 24 April 2017.

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 24 April 2017, 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 77 (62.10%) Banking
2 65 (52.42%) Java
3 60 (48.39%) Front Office
4 52 (41.94%) Finance
5 49 (39.52%) Foreign Exchange (FX)
6 46 (37.10%) Multithreading
7 45 (36.29%) Investment Banking
8 43 (34.68%) Low Latency
9 42 (33.87%) Fixed Income
10 34 (27.42%) Equities
10 34 (27.42%) Linux
11 27 (21.77%) Derivative
12 26 (20.97%) Agile Software Development
13 25 (20.16%) Unix
13 25 (20.16%) Analytical Skills
14 21 (16.94%) SQL
14 21 (16.94%) Oracle
14 21 (16.94%) ION Trading
15 19 (15.32%) FIX Protocol
15 19 (15.32%) KDB
16 17 (13.71%) C++
17 16 (12.90%) Degree
18 15 (12.10%) MiFID
18 15 (12.10%) ION MarketView
19 14 (11.29%) Algorithmic Trading
19 14 (11.29%) C#
19 14 (11.29%) Multithreaded Programming
20 13 (10.48%) Kdb+
20 13 (10.48%) Python
20 13 (10.48%) Computer Science

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 3 (2.42%) Apache Spark
1 3 (2.42%) GemFire
1 3 (2.42%) Oracle Coherence
1 3 (2.42%) Tomcat
2 1 (0.81%) Apache
2 1 (0.81%) MQSeries
2 1 (0.81%) MTS
Business Applications
1 15 (12.10%) ION MarketView
2 2 (1.61%) RMDS
3 1 (0.81%) Bloomberg TOMS
Communications & Networking
1 7 (5.65%) Firewall
2 5 (4.03%) NAS
2 5 (4.03%) SAN
3 1 (0.81%) Internet
3 1 (0.81%) Multicast
3 1 (0.81%) TCP/IP
Database & Business Intelligence
1 19 (15.32%) KDB
2 13 (10.48%) Kdb+
3 5 (4.03%) Tick Data
4 4 (3.23%) NoSQL
4 4 (3.23%) SQL Server
5 3 (2.42%) RDBMS
5 3 (2.42%) Relational Database
6 2 (1.61%) DB2
6 2 (1.61%) Hadoop
7 1 (0.81%) MySQL
7 1 (0.81%) OLAP
7 1 (0.81%) Oracle Database
7 1 (0.81%) SQL Server 2008
Development Applications
1 9 (7.26%) Git (software)
2 7 (5.65%) Maven
3 5 (4.03%) Subversion
3 5 (4.03%) TeamCity
4 4 (3.23%) JUnit
5 3 (2.42%) Hudson
5 3 (2.42%) Jenkins
6 2 (1.61%) JIRA
6 2 (1.61%) Mockito
6 2 (1.61%) webpack
7 1 (0.81%) CMake
7 1 (0.81%) GDB
7 1 (0.81%) Moq
7 1 (0.81%) NUnit
7 1 (0.81%) SCons
7 1 (0.81%) Selenium
7 1 (0.81%) Visual Studio
General
1 77 (62.10%) Banking
2 60 (48.39%) Front Office
3 52 (41.94%) Finance
4 45 (36.29%) Investment Banking
5 3 (2.42%) Back Office
6 2 (1.61%) Advertising
6 2 (1.61%) Financial Institution
7 1 (0.81%) French Language
7 1 (0.81%) Publishing
Job Titles
1 81 (65.32%) Developer
2 51 (41.13%) Java Developer
3 38 (30.65%) Electronic Trading Developer
4 28 (22.58%) Electronic Trading Java Developer
5 22 (17.74%) Analyst
6 20 (16.13%) Front Office Developer
7 18 (14.52%) Senior Developer
8 16 (12.90%) Senior Java Developer
9 14 (11.29%) Business Analyst
9 14 (11.29%) C++ Developer
10 10 (8.06%) Electronic Trading Business Analyst
11 7 (5.65%) Fixed Income Business Analyst
11 7 (5.65%) KDB Developer
11 7 (5.65%) Low Latency C++ Developer
11 7 (5.65%) Unix Developer
12 6 (4.84%) Electronic Trading C++ Developer
12 6 (4.84%) Senior Data Warehouse Specialist
12 6 (4.84%) Support Analyst
13 5 (4.03%) HTML Developer
13 5 (4.03%) Support Specialist
Libraries, Frameworks & Software Standards
1 19 (15.32%) FIX Protocol
2 11 (8.87%) Rendezvous
3 9 (7.26%) .NET
3 9 (7.26%) HTML
4 8 (6.45%) Boost C++ Libraries
4 8 (6.45%) HTML5
5 7 (5.65%) Node.js
5 7 (5.65%) STL
5 7 (5.65%) TIBCO EMS
6 6 (4.84%) JMS
6 6 (4.84%) Spring
6 6 (4.84%) Ultra Messaging
7 5 (4.03%) AngularJS
7 5 (4.03%) Middleware
7 5 (4.03%) XML
8 4 (3.23%) Hibernate
9 3 (2.42%) React
10 2 (1.61%) CSS
10 2 (1.61%) JDBC
10 2 (1.61%) RxJS
Miscellaneous
1 49 (39.52%) Foreign Exchange (FX)
2 42 (33.87%) Fixed Income
3 34 (27.42%) Equities
4 27 (21.77%) Derivative
5 25 (20.16%) Analytical Skills
6 13 (10.48%) Computer Science
7 12 (9.68%) Algorithms
7 12 (9.68%) Fintech
8 11 (8.87%) Equity Derivative
9 9 (7.26%) TWAP
9 9 (7.26%) VWAP
10 5 (4.03%) Enterprise Software
11 2 (1.61%) Credit Derivative
11 2 (1.61%) Data Centre
12 1 (0.81%) Clustering
12 1 (0.81%) CMDB
12 1 (0.81%) Field-Programmable Gate Array
12 1 (0.81%) N-Tier
12 1 (0.81%) Online Banking
12 1 (0.81%) Wiki
Operating Systems
1 34 (27.42%) Linux
2 25 (20.16%) Unix
3 12 (9.68%) Windows
4 2 (1.61%) Red Hat Enterprise Linux
4 2 (1.61%) Solaris
5 1 (0.81%) Windows Server
5 1 (0.81%) Windows Server 2003
5 1 (0.81%) Windows Server 2008
5 1 (0.81%) Windows Server 2012
Processes & Methodologies
1 46 (37.10%) Multithreading
2 43 (34.68%) Low Latency
3 26 (20.97%) Agile Software Development
4 14 (11.29%) Algorithmic Trading
4 14 (11.29%) Multithreaded Programming
5 13 (10.48%) Analytics
6 12 (9.68%) Data Management
6 12 (9.68%) Scrum
7 11 (8.87%) Business Analysis
7 11 (8.87%) Migration
8 10 (8.06%) Data Analysis
9 9 (7.26%) OO
9 9 (7.26%) Performance Tuning
10 8 (6.45%) Arbitrage Trading
10 8 (6.45%) High Availability
10 8 (6.45%) Index Arbitrage
10 8 (6.45%) Performance Metrics
11 7 (5.65%) Continuous Integration
11 7 (5.65%) E-Commerce
11 7 (5.65%) Software Engineering
Programming Languages
1 65 (52.42%) Java
2 21 (16.94%) SQL
3 17 (13.71%) C++
4 14 (11.29%) C#
5 13 (10.48%) Python
6 10 (8.06%) Shell Script
7 9 (7.26%) PL/SQL
8 7 (5.65%) JavaScript
9 4 (3.23%) Ruby
9 4 (3.23%) Scala
10 3 (2.42%) Haskell
10 3 (2.42%) T-SQL
11 2 (1.61%) Bash Shell
11 2 (1.61%) ES6
11 2 (1.61%) Perl
12 1 (0.81%) PowerShell
Qualifications
1 16 (12.90%) Degree
2 1 (0.81%) IIBA
2 1 (0.81%) ISEB
Quality Assurance & Compliance
1 15 (12.10%) MiFID
2 4 (3.23%) Data Quality
3 3 (2.42%) EMIR
4 2 (1.61%) Dodd-Frank
4 2 (1.61%) QA
5 1 (0.81%) SLA
System Software
1 5 (4.03%) Docker
2 2 (1.61%) HDFS
Systems Management
1 2 (1.61%) Kubernetes
1 2 (1.61%) Puppet
2 1 (0.81%) Ansible
2 1 (0.81%) ITRS Geneos
2 1 (0.81%) Opscode Chef
Vendors
1 21 (16.94%) ION Trading
1 21 (16.94%) Oracle
2 11 (8.87%) TIBCO
3 6 (4.84%) Bloomberg
4 4 (3.23%) Fidessa
4 4 (3.23%) Reuters
5 3 (2.42%) Atlassian
6 2 (1.61%) Charles River
6 2 (1.61%) Cisco
6 2 (1.61%) Juniper
6 2 (1.61%) Murex
6 2 (1.61%) Red Hat
6 2 (1.61%) Sybase
7 1 (0.81%) Calypso
7 1 (0.81%) CheckPoint
7 1 (0.81%) Infragistics
7 1 (0.81%) Microsoft
7 1 (0.81%) Perforce
7 1 (0.81%) Remedy
7 1 (0.81%) Sun
City, London
Hatstand Limited
Rate: £500 - £750 per day
Posted: 2 days ago
City, London
Hatstand Limited
Rate: £500 - £700 per day
Posted: 5 days ago
City, London
ComputAppoint
Rate: £400 - £450 per day
Posted: 3 days ago
City, London
Hays Finance Technology
Rate: £400.00 - £495.00 per day
Posted: 4 days ago
City, London
McGregor Boyall
Rate: £600 - £650 per day
Posted: 4 days ago