Period
to 20 July 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 20 July 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
20 Jul 2018
Same period 2017 Same period 2016
Rank 96 82 179
Rank change year-on-year -14 +97 +4
Contract jobs citing Electronic Trading 184 175 66
As % of all contract IT jobs advertised in the City of London 2.59% 2.72% 0.96%
As % of the Processes & Methodologies category 2.98% 3.09% 1.10%
Number of daily rates quoted 169 145 58
City of London median daily rate £675 £625 £575
Median daily rate % change year-on-year +8.00% +8.70% -4.17%
10th Percentile £575 £517 £443
90th Percentile £838 £713 £775
Central London median daily rate £675 £625 £575
% change year-on-year +8.00% +8.70% -4.17%
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 6,172 5,666 5,986
As % of all contract IT jobs advertised in the City of London 86.89% 87.93% 87.37%
Number of daily rates quoted 4,880 4,372 4,818
City of London median daily rate £513 £500 £475
Median daily rate % change year-on-year +2.50% +5.26% +5.56%
10th Percentile £338 £313 £310
90th Percentile £688 £675 £650
Central London median daily rate £500 £500 £473
% change year-on-year - +5.82% +5.00%
Number of hourly rates quoted 111 56 56
City of London median hourly rate £18.70 £20.52 £19.99
Median hourly rate % change year-on-year -8.87% +2.64% -4.80%
10th Percentile £13.00 £13.31 £11.38
90th Percentile £33.00 £32.06 £37.91
Central London median hourly rate £18.70 £18.70 £20.00
% change year-on-year - -6.50% -1.10%

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 20 July 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 20 July 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.

1 125 (67.93%) Java
2 98 (53.26%) Banking
3 90 (48.91%) Front Office
4 78 (42.39%) Low Latency
5 73 (39.67%) Multithreading
6 69 (37.50%) Foreign Exchange (FX)
7 48 (26.09%) Investment Banking
8 44 (23.91%) Linux
9 42 (22.83%) FIX Protocol
9 42 (22.83%) Finance
10 40 (21.74%) Fixed Income
11 35 (19.02%) Java 8
12 32 (17.39%) ION Trading
13 31 (16.85%) Agile Software Development
13 31 (16.85%) ION MarketView
14 28 (15.22%) JavaScript
15 26 (14.13%) Equities
15 26 (14.13%) TypeScript
16 25 (13.59%) Deployment Automation
17 24 (13.04%) AngularJS
17 24 (13.04%) Node.js
17 24 (13.04%) TIBCO
18 21 (11.41%) TIBCO EMS
18 21 (11.41%) C#
19 20 (10.87%) Derivative
20 19 (10.33%) Migration
20 19 (10.33%) .NET
20 19 (10.33%) Sybase
21 18 (9.78%) Test Automation
22 17 (9.24%) Ultra-Low Latency

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 4 (2.17%) Elasticsearch
2 3 (1.63%) Confluence
3 1 (0.54%) Apache Solr
3 1 (0.54%) Apache Spark
3 1 (0.54%) MTS
3 1 (0.54%) Tomcat
Business Applications
1 31 (16.85%) ION MarketView
2 4 (2.17%) Bloomberg TOMS
3 1 (0.54%) Sentinel
3 1 (0.54%) thinkFolio
Cloud Services
1 14 (7.61%) Amazon AWS
1 14 (7.61%) Microsoft Azure
2 3 (1.63%) Yarn
3 2 (1.09%) npm
Communications & Networking
1 2 (1.09%) Firewall
2 1 (0.54%) DMZ
2 1 (0.54%) FIX Connectivity
2 1 (0.54%) Kerberos
2 1 (0.54%) WebEx
Database & Business Intelligence
1 16 (8.70%) KDB
2 12 (6.52%) SQL Server
3 8 (4.35%) Hazelcast
3 8 (4.35%) NoSQL
4 4 (2.17%) SQL Server 2008
5 3 (1.63%) MongoDB
5 3 (1.63%) SQL Server 2014
6 2 (1.09%) Big Data
6 2 (1.09%) Blockchain
6 2 (1.09%) Hadoop
7 1 (0.54%) Apache Cassandra
7 1 (0.54%) Apache Hive
7 1 (0.54%) DB2
7 1 (0.54%) HBase
7 1 (0.54%) Kdb+
7 1 (0.54%) Sqoop
Development Applications
1 6 (3.26%) Atlassian Bamboo
1 6 (3.26%) Git (software)
1 6 (3.26%) Maven
1 6 (3.26%) TeamCity
1 6 (3.26%) Visual Studio
2 3 (1.63%) Jenkins
2 3 (1.63%) JUnit
3 2 (1.09%) Moq
3 2 (1.09%) NUnit
3 2 (1.09%) Subversion
3 2 (1.09%) Visual Studio Code
4 1 (0.54%) JIRA
4 1 (0.54%) ReSharper
4 1 (0.54%) Rhino Mocks
4 1 (0.54%) Robot Framework
4 1 (0.54%) SpecFlow
General
1 98 (53.26%) Banking
2 90 (48.91%) Front Office
3 48 (26.09%) Investment Banking
4 42 (22.83%) Finance
5 14 (7.61%) Back Office
6 13 (7.07%) Advertising
7 2 (1.09%) Marketing
8 1 (0.54%) Financial Institution
Job Titles
1 130 (70.65%) Developer
2 95 (51.63%) Java Developer
3 66 (35.87%) Senior Developer
4 49 (26.63%) Senior Java Developer
5 43 (23.37%) Electronic Trading Developer
6 37 (20.11%) Electronic Trading Java Developer
7 22 (11.96%) Front Office Developer
8 14 (7.61%) Credit Risk Developer
8 14 (7.61%) Credit Risk Java Developer
8 14 (7.61%) Senior Credit Risk Java Developer
9 10 (5.43%) Analyst
9 10 (5.43%) Business Analyst
10 9 (4.89%) Front End Developer (Client-Side Developer)
10 9 (4.89%) Java Engineer
11 7 (3.80%) Applications Support
12 6 (3.26%) Electronic Trading Business Analyst
12 6 (3.26%) JavaScript Developer
12 6 (3.26%) Low Latency Java Developer
12 6 (3.26%) Support Analyst
13 4 (2.17%) Electronic Trading Support
Libraries, Frameworks & Software Standards
1 42 (22.83%) FIX Protocol
2 24 (13.04%) AngularJS
2 24 (13.04%) Node.js
3 21 (11.41%) TIBCO EMS
4 19 (10.33%) .NET
5 15 (8.15%) RxJS
5 15 (8.15%) Socket.IO
6 11 (5.98%) Rendezvous
7 10 (5.43%) JMS
8 9 (4.89%) HTML
9 8 (4.35%) Kendo UI
10 6 (3.26%) HTML5
10 6 (3.26%) Java Concurrency
11 5 (2.72%) React
11 5 (2.72%) WPF
12 4 (2.17%) Elastic Stack
12 4 (2.17%) Kafka
12 4 (2.17%) Spring
13 3 (1.63%) REST
13 3 (1.63%) WCF
Miscellaneous
1 69 (37.50%) Foreign Exchange (FX)
2 40 (21.74%) Fixed Income
3 26 (14.13%) Equities
4 20 (10.87%) Derivative
5 15 (8.15%) User Experience
6 14 (7.61%) Credit Risk
6 14 (7.61%) Greenfield Project
7 11 (5.98%) Equity Derivative
8 3 (1.63%) Fintech
9 2 (1.09%) Interest Rate Derivative
10 1 (0.54%) Algorithms
10 1 (0.54%) Analytical Skills
10 1 (0.54%) Computer Science
10 1 (0.54%) Credit Derivative
10 1 (0.54%) Data Centre
10 1 (0.54%) Eurex
10 1 (0.54%) N-Tier
10 1 (0.54%) OTC Derivatives
10 1 (0.54%) Reference Data
10 1 (0.54%) Self-Motivation
Operating Systems
1 44 (23.91%) Linux
2 12 (6.52%) Red Hat Enterprise Linux
3 8 (4.35%) Windows
4 3 (1.63%) Unix
Processes & Methodologies
1 78 (42.39%) Low Latency
2 73 (39.67%) Multithreading
3 31 (16.85%) Agile Software Development
4 25 (13.59%) Deployment Automation
5 19 (10.33%) Migration
6 18 (9.78%) Test Automation
7 17 (9.24%) Multithreaded Programming
7 17 (9.24%) Ultra-Low Latency
8 16 (8.70%) Market Making
9 15 (8.15%) Concurrent Programming
10 14 (7.61%) Open Source
11 13 (7.07%) Algorithmic Trading
11 13 (7.07%) Integration Testing
11 13 (7.07%) Web Development
12 12 (6.52%) Functional Programming
13 10 (5.43%) User Acceptance Testing
14 9 (4.89%) Defect Management
14 9 (4.89%) Front End Development
14 9 (4.89%) Line Management
14 9 (4.89%) System Testing
Programming Languages
1 125 (67.93%) Java
2 35 (19.02%) Java 8
3 28 (15.22%) JavaScript
4 26 (14.13%) TypeScript
5 21 (11.41%) C#
6 17 (9.24%) SQL
7 14 (7.61%) Bash Shell
7 14 (7.61%) Clojure
8 13 (7.07%) Python
9 7 (3.80%) R
10 4 (2.17%) C++
10 4 (2.17%) ES6
11 3 (1.63%) Perl
11 3 (1.63%) Scala
12 2 (1.09%) Go
12 2 (1.09%) Kotlin
12 2 (1.09%) T-SQL
13 1 (0.54%) C
13 1 (0.54%) Korn
13 1 (0.54%) Tcl
Qualifications
1 8 (4.35%) Degree
Quality Assurance & Compliance
1 2 (1.09%) MiFID
2 1 (0.54%) QA
System Software
1 1 (0.54%) Apache ZooKeeper
1 1 (0.54%) Docker
1 1 (0.54%) HDFS
Systems Management
1 4 (2.17%) Kibana
1 4 (2.17%) logstash
2 1 (0.54%) Hadoop YARN
2 1 (0.54%) Kubernetes
2 1 (0.54%) Oozie
Vendors
1 32 (17.39%) ION Trading
2 24 (13.04%) TIBCO
3 19 (10.33%) Sybase
4 6 (3.26%) Bloomberg
5 4 (2.17%) Atlassian
5 4 (2.17%) Microsoft
6 3 (1.63%) FXall
6 3 (1.63%) Reuters
6 3 (1.63%) Tradeweb
7 2 (1.09%) Fidessa
7 2 (1.09%) Oracle
8 1 (0.54%) Charles River
8 1 (0.54%) eSpeed
8 1 (0.54%) Informatica
8 1 (0.54%) MarketAxess
8 1 (0.54%) Tableau
8 1 (0.54%) Typemock