Period
to

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for High-Frequency Trading skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited High-Frequency Trading over the 6 months to 3 July 2022 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.

High-Frequency Trading
Central London > City of London
6 months to
3 Jul 2022
Same period 2021 Same period 2020
Rank 193 - 139
Rank change year-on-year - - +104
Contract jobs citing High-Frequency Trading 4 0 1
As % of all contract jobs advertised in the City of London 0.092% - 0.037%
As % of the Processes & Methodologies category 0.10% - 0.041%
Number of daily rates quoted 4 0 1
10th Percentile - - -
25th Percentile £675 - £458
Median daily rate (50th Percentile) £725 - £465
Median % change year-on-year - - -7.00%
75th Percentile £750 - £473
90th Percentile - - -
Central London median daily rate £725 - £465
% change year-on-year - - -7.00%

High-Frequency 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 3,978 2,923 2,417
As % of all contract IT jobs advertised in the City of London 91.74% 91.49% 88.34%
Number of daily rates quoted 2,938 2,146 1,794
10th Percentile £388 £358 £333
25th Percentile £475 £450 £416
Median daily rate (50th Percentile) £575 £550 £520
Median % change year-on-year +4.55% +5.77% -0.95%
75th Percentile £695 £638 £601
90th Percentile £788 £719 £675
Central London median daily rate £575 £543 £508
% change year-on-year +5.99% +6.90% -3.33%
Number of hourly rates quoted 44 32 39
10th Percentile £18.50 £8.35 £12.42
25th Percentile £26.00 £12.38 £14.19
Median hourly rate £43.12 £23.23 £24.00
Median % change year-on-year +85.66% -3.23% +23.87%
75th Percentile £54.13 £32.55 £39.00
90th Percentile £60.85 £41.75 £53.30
Central London median hourly rate £42.75 £22.25 £26.22
% change year-on-year +92.13% -15.14% +31.10%

High-Frequency Trading
Job Vacancy Trend in the City of London

Job postings citing High-Frequency Trading as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for High-Frequency Trading in the City of London

High-Frequency Trading
Contractor Daily Rate Trend in the City of London

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

Daily rate trend for High-Frequency Trading in the City of London

For the 6 months to 3 July 2022, IT contractor jobs citing High-Frequency 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 High-Frequency Trading.

1 4 (100.00%) Low Latency
1 4 (100.00%) Social Skills
2 2 (50.00%) Arista
2 2 (50.00%) Multicast
2 2 (50.00%) QA Automation
2 2 (50.00%) Complex Event Processing
2 2 (50.00%) High Availability
2 2 (50.00%) E-Commerce
2 2 (50.00%) Java
2 2 (50.00%) Cisco
2 2 (50.00%) Foreign Exchange (FX)
2 2 (50.00%) CheckPoint
2 2 (50.00%) Firewall
2 2 (50.00%) Front Office
2 2 (50.00%) Risk Management
2 2 (50.00%) Finance
2 2 (50.00%) Agile
2 2 (50.00%) Network Design
2 2 (50.00%) QA
2 2 (50.00%) Algorithmic Trading
2 2 (50.00%) KDB
2 2 (50.00%) Multithreading
2 2 (50.00%) Electronic Trading
2 2 (50.00%) Test Automation
3 1 (25.00%) Amazon EC2
3 1 (25.00%) AWS
3 1 (25.00%) Bash
3 1 (25.00%) Data Migration
3 1 (25.00%) BIG-IP
3 1 (25.00%) Data Analysis

High-Frequency 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:

Cloud Services
1 1 (25.00%) Amazon EC2
1 1 (25.00%) AWS
Communications & Networking
1 2 (50.00%) Firewall
1 2 (50.00%) Multicast
2 1 (25.00%) BGP
2 1 (25.00%) BIG-IP
2 1 (25.00%) DNS
2 1 (25.00%) EIGRP
2 1 (25.00%) HSRP
2 1 (25.00%) IGMP
2 1 (25.00%) Internet
2 1 (25.00%) IPsec
2 1 (25.00%) OSPF
2 1 (25.00%) SNMP
2 1 (25.00%) VPN
2 1 (25.00%) VRRP
Database & Business Intelligence
1 2 (50.00%) KDB
General
1 4 (100.00%) Social Skills
2 2 (50.00%) Finance
2 2 (50.00%) Front Office
3 1 (25.00%) Banking
Job Titles
1 2 (50.00%) Developer
1 2 (50.00%) Electronic Trading Developer
1 2 (50.00%) Electronic Trading Java Developer
1 2 (50.00%) Java Developer
1 2 (50.00%) Network Engineer
2 1 (25.00%) Senior Network Engineer
Miscellaneous
1 2 (50.00%) Foreign Exchange (FX)
Processes & Methodologies
1 4 (100.00%) Low Latency
2 2 (50.00%) Agile
2 2 (50.00%) Algorithmic Trading
2 2 (50.00%) Complex Event Processing
2 2 (50.00%) E-Commerce
2 2 (50.00%) Electronic Trading
2 2 (50.00%) High Availability
2 2 (50.00%) Multithreading
2 2 (50.00%) Network Design
2 2 (50.00%) QA Automation
2 2 (50.00%) Risk Management
2 2 (50.00%) Test Automation
3 1 (25.00%) Data Analysis
3 1 (25.00%) Data Migration
3 1 (25.00%) Fintech
3 1 (25.00%) Infrastructure Engineering
3 1 (25.00%) Migration
3 1 (25.00%) Network Management
3 1 (25.00%) Project Delivery
3 1 (25.00%) Zero Trust
Programming Languages
1 2 (50.00%) Java
2 1 (25.00%) Bash
2 1 (25.00%) Perl
2 1 (25.00%) Python
Qualifications
1 1 (25.00%) CCNP
1 1 (25.00%) Cisco Certification
Quality Assurance & Compliance
1 2 (50.00%) QA
Systems Management
1 1 (25.00%) Ansible
Vendors
1 2 (50.00%) Arista
1 2 (50.00%) CheckPoint
1 2 (50.00%) Cisco
2 1 (25.00%) F5