Period
to 19 June 2019

The table below looks at the prevalence of the term Prime Brokerage in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Prime Brokerage over the 6 months to 19 June 2019 with a comparison to the same period over 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.

Prime Brokerage
Central London > City of London
6 months to
19 Jun 2019
Same period 2018 Same period 2017
Rank 233 251 -
Rank change year-on-year +18 - +227
Contract jobs citing Prime Brokerage 2 2 0
As % of all contract IT jobs advertised in the City of London 0.031% 0.029% -
As % of the General category 0.063% 0.055% -
Number of daily rates quoted 1 1 0
City of London median daily rate £650 £550 -
Median daily rate % change year-on-year +18.18% - -
Central London median daily rate £650 £550 -
% change year-on-year +18.18% - -
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

Prime Brokerage is in the General Skills 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 common skills.

All General Skills
City of London
Contract vacancies with a requirement for common skills 3,153 3,664 3,308
As % of all contract IT jobs advertised in the City of London 48.94% 53.12% 53.31%
Number of daily rates quoted 2,348 2,882 2,606
City of London median daily rate £525 £525 £500
Median daily rate % change year-on-year - +5.00% -
10th Percentile £338 £325 £319
90th Percentile £688 £713 £675
Central London median daily rate £525 £525 £500
% change year-on-year - +5.00% +5.26%
Number of hourly rates quoted 27 41 34
City of London median hourly rate £21.00 £21.00 £15.87
Median hourly rate % change year-on-year - +32.35% -20.66%
10th Percentile £11.25 £13.00 £12.52
90th Percentile £83.50 £38.47 £29.98
Central London median hourly rate £21.00 £21.25 £15.98
% change year-on-year -1.18% +32.98% -23.90%

Prime Brokerage
Job Vacancy Trend in the City of London

Job postings citing Prime Brokerage as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Prime Brokerage in the City of London

Prime Brokerage
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 Prime Brokerage in the City of London.

Contractor daily rate trend for Prime Brokerage in the City of London

For the 6 months to 19 June 2019, IT contractor jobs citing Prime Brokerage 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 Prime Brokerage.

1 2 (100.00%) Finance
2 1 (50.00%) Fixed Income
2 1 (50.00%) Global One
2 1 (50.00%) Agile Software Development
2 1 (50.00%) TDD
2 1 (50.00%) Banking
2 1 (50.00%) Investment Banking
2 1 (50.00%) Business Analysis
2 1 (50.00%) Derivative
2 1 (50.00%) Degree
2 1 (50.00%) MiFID
2 1 (50.00%) JIRA
2 1 (50.00%) FIX Protocol
2 1 (50.00%) Computer Science
2 1 (50.00%) Unit Testing
2 1 (50.00%) Electronic Trading
2 1 (50.00%) Investment Management
2 1 (50.00%) Apache Cassandra
2 1 (50.00%) NoSQL
2 1 (50.00%) High Availability
2 1 (50.00%) Portfolio Management
2 1 (50.00%) Apache ZooKeeper
2 1 (50.00%) Enterprise Software
2 1 (50.00%) Relational Database
2 1 (50.00%) Analytical Skills
2 1 (50.00%) Microservices
2 1 (50.00%) React
2 1 (50.00%) Concurrent Programming
2 1 (50.00%) SDLC
2 1 (50.00%) OTC Derivatives

Prime Brokerage
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:

Business Applications
1 1 (50.00%) Global One
Database & Business Intelligence
1 1 (50.00%) Apache Cassandra
1 1 (50.00%) NoSQL
1 1 (50.00%) Relational Database
Development Applications
1 1 (50.00%) JIRA
General
1 2 (100.00%) Finance
2 1 (50.00%) Back Office
2 1 (50.00%) Banking
2 1 (50.00%) Investment Banking
Job Titles
1 1 (50.00%) Analyst
1 1 (50.00%) Business Analyst
1 1 (50.00%) Developer
1 1 (50.00%) Java Developer
1 1 (50.00%) NoSQL Developer
Libraries, Frameworks & Software Standards
1 1 (50.00%) FIX Protocol
1 1 (50.00%) Middleware
1 1 (50.00%) React
Miscellaneous
1 1 (50.00%) Analytical Skills
1 1 (50.00%) Derivative
1 1 (50.00%) Enterprise Software
1 1 (50.00%) Fixed Income
1 1 (50.00%) Foreign Exchange (FX)
1 1 (50.00%) OTC Derivatives
Processes & Methodologies
1 1 (50.00%) Agile Software Development
1 1 (50.00%) Business Analysis
1 1 (50.00%) Computer Science
1 1 (50.00%) Concurrent Programming
1 1 (50.00%) Electronic Trading
1 1 (50.00%) High Availability
1 1 (50.00%) Investment Management
1 1 (50.00%) Microservices
1 1 (50.00%) Portfolio Management
1 1 (50.00%) Problem-Solving
1 1 (50.00%) SDLC
1 1 (50.00%) TDD
1 1 (50.00%) Unit Testing
Programming Languages
1 1 (50.00%) Java
Qualifications
1 1 (50.00%) Degree
Quality Assurance & Compliance
1 1 (50.00%) MiFID
System Software
1 1 (50.00%) Apache ZooKeeper