Period
to 19 November 2019

The median contractor rate for an Electronic Trading Java Developer was £700 per day in advertised job vacancies in London during the 6 months to 19 November 2019.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to 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.

Java Developer - Electronic Trading
England > London
6 months to
19 Nov 2019
Same period 2018 Same period 2017
Rank 525 538 438
Rank change year-on-year +13 -100 +145
Contract jobs requiring an Electronic Trading Java Developer 40 98 207
As % of all contract IT jobs advertised in London 0.11% 0.21% 0.45%
As % of the Job Titles category 0.12% 0.22% 0.47%
Number of daily rates quoted 38 77 180
London median daily rate £700 £675 £650
Median daily rate % change year-on-year +3.70% +3.85% -
10th Percentile £621 £610 £588
90th Percentile £816 £793 £775
England median daily rate £700 £675 £650
% change year-on-year +3.70% +3.85% -
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in London. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
London
Contract vacancies in London with a recognized job title 33,711 43,668 43,921
% of contract IT jobs with a recognized job title 93.74% 94.82% 95.00%
Number of daily rates quoted 24,213 31,539 31,789
London median daily rate £500 £500 £493
Median daily rate % change year-on-year - +1.52% +7.07%
10th Percentile £310 £313 £300
90th Percentile £675 £675 £663
England median daily rate £470 £450 £450
% change year-on-year +4.44% - +5.88%
Number of hourly rates quoted 479 600 545
London median hourly rate £22.00 £19.50 £20.44
Median hourly rate % change year-on-year +12.82% -4.58% +3.38%
10th Percentile £12.44 £12.50 £12.20
90th Percentile £53.75 £54.13 £47.83
England median hourly rate £19.50 £18.50 £18.50
% change year-on-year +5.41% - -

Electronic Trading Java Developer
Job Vacancy Trend in London

Job postings that featured Electronic Trading Java Developer in the job title as a percentage of all IT jobs advertised in London.

Job vacancy trend for Electronic Trading Java Developer in London

Electronic Trading Java Developer
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Electronic Trading Java Developer in London.

Contractor daily rate trend for Electronic Trading Java Developer in London

Electronic Trading Java Developer
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Electronic Trading Java Developer in London over the 6 months to 19 November 2019.

Contractor daily rate histogram for Electronic Trading Java Developer in London

Electronic Trading Java Developer
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Electronic Trading Java Developer within the London region over the 6 months to 19 November 2019. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Central London +23 7 £700 +7.69% 1
Electronic Trading Java Developer
England

Electronic Trading Java Developer Skill Set
Top 30 Co-occurring IT Skills in London

For the 6 months to 19 November 2019, Electronic Trading Java Developer contract jobs required the following IT skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the London region featuring Electronic Trading Java Developer in the job title.

1 40 (100.00%) Java
1 40 (100.00%) Electronic Trading
2 33 (82.50%) Low Latency
3 25 (62.50%) Multithreading
4 21 (52.50%) Agile Software Development
5 20 (50.00%) Front Office
6 19 (47.50%) Foreign Exchange (FX)
7 17 (42.50%) Banking
8 16 (40.00%) Equities
9 14 (35.00%) Algorithmic Trading
10 12 (30.00%) Computer Science
10 12 (30.00%) FIX Protocol
10 12 (30.00%) C++
11 11 (27.50%) C#
11 11 (27.50%) Finance
11 11 (27.50%) Degree
12 10 (25.00%) Continuous Improvement
12 10 (25.00%) Test Automation
13 9 (22.50%) Memory Management
13 9 (22.50%) Data Structures
13 9 (22.50%) Solace
13 9 (22.50%) Computer Science Degree
14 8 (20.00%) Multithreaded Programming
14 8 (20.00%) Multicast
14 8 (20.00%) OO
15 7 (17.50%) High Availability
16 5 (12.50%) Linux
16 5 (12.50%) Fixed Income
16 5 (12.50%) Concurrent Programming
16 5 (12.50%) Analytical Skills

Electronic Trading Java Developer Skill Set
Co-occurring IT Skills in 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 1 (2.50%) Apache
1 1 (2.50%) MQSeries
1 1 (2.50%) Oracle Coherence
Business Applications
1 3 (7.50%) ION MarketView
Cloud Services
1 1 (2.50%) GitHub
Communications & Networking
1 8 (20.00%) Multicast
Database & Business Intelligence
1 4 (10.00%) KDB
1 4 (10.00%) Tick Data
2 1 (2.50%) Apache Ignite
2 1 (2.50%) Data Lake
2 1 (2.50%) Redis
Development Applications
1 4 (10.00%) JIRA
2 3 (7.50%) TeamCity
3 2 (5.00%) Bitbucket
3 2 (5.00%) Cucumber
3 2 (5.00%) JUnit
3 2 (5.00%) Mockito
4 1 (2.50%) Jenkins
4 1 (2.50%) SonarQube
General
1 20 (50.00%) Front Office
2 17 (42.50%) Banking
3 11 (27.50%) Finance
4 4 (10.00%) Investment Banking
Libraries, Frameworks & Software Standards
1 12 (30.00%) FIX Protocol
2 3 (7.50%) JNI
2 3 (7.50%) Rendezvous
3 2 (5.00%) Reactive Extensions
4 1 (2.50%) AngularJS
4 1 (2.50%) HTML
4 1 (2.50%) HTML5
4 1 (2.50%) JMS
4 1 (2.50%) Memcached
4 1 (2.50%) Middleware
4 1 (2.50%) RxJava
4 1 (2.50%) TIBCO EMS
Miscellaneous
1 19 (47.50%) Foreign Exchange (FX)
2 16 (40.00%) Equities
3 9 (22.50%) Data Structures
4 5 (12.50%) Analytical Skills
4 5 (12.50%) Fixed Income
5 1 (2.50%) Algorithms
5 1 (2.50%) Derivative
5 1 (2.50%) Greenfield Project
Operating Systems
1 5 (12.50%) Linux
2 1 (2.50%) Windows
Processes & Methodologies
1 40 (100.00%) Electronic Trading
2 33 (82.50%) Low Latency
3 25 (62.50%) Multithreading
4 21 (52.50%) Agile Software Development
5 14 (35.00%) Algorithmic Trading
6 12 (30.00%) Computer Science
7 10 (25.00%) Continuous Improvement
7 10 (25.00%) Test Automation
8 9 (22.50%) Memory Management
9 8 (20.00%) Multithreaded Programming
9 8 (20.00%) OO
10 7 (17.50%) High Availability
11 5 (12.50%) Concurrent Programming
12 3 (7.50%) Automated Trading
12 3 (7.50%) Garbage Collection
12 3 (7.50%) Problem-Solving
12 3 (7.50%) Unit Testing
13 2 (5.00%) Integration Testing
13 2 (5.00%) Mathematics
13 2 (5.00%) Physics
Programming Languages
1 40 (100.00%) Java
2 12 (30.00%) C++
3 11 (27.50%) C#
4 4 (10.00%) Java 8
5 2 (5.00%) SQL
6 1 (2.50%) C
6 1 (2.50%) TypeScript
Qualifications
1 11 (27.50%) Degree
2 9 (22.50%) Computer Science Degree
3 1 (2.50%) Master's Degree
Quality Assurance & Compliance
1 2 (5.00%) QA
Vendors
1 9 (22.50%) Solace
2 3 (7.50%) ION Trading
2 3 (7.50%) Oracle
2 3 (7.50%) TIBCO
3 1 (2.50%) IBM