Period
to 21 April 2019

The median contractor rate for an Electronic Trading Java Developer was £675 per day in advertised job vacancies in London during the 6 months to 21 April 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
21 Apr 2019
Same period 2018 Same period 2017
Rank 472 463 483
Rank change year-on-year -9 +20 +92
Contract jobs requiring an Electronic Trading Java Developer 123 175 105
As % of all contract IT jobs advertised in London 0.29% 0.38% 0.26%
As % of the Job Titles category 0.31% 0.40% 0.28%
Number of daily rates quoted 103 165 94
London median daily rate £675 £700 £650
Median daily rate % change year-on-year -3.57% +7.69% -3.70%
10th Percentile £625 £620 £525
90th Percentile £745 £838 £713
England median daily rate £675 £700 £650
% change year-on-year -3.57% +7.69% -3.70%
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 39,905 43,771 38,138
% of contract IT jobs with a recognized job title 94.47% 94.76% 95.06%
Number of daily rates quoted 28,544 31,651 27,210
London median daily rate £500 £500 £475
Median daily rate % change year-on-year - +5.26% +5.56%
10th Percentile £313 £307 £305
90th Percentile £675 £675 £650
England median daily rate £475 £450 £425
% change year-on-year +5.56% +5.88% -
Number of hourly rates quoted 535 690 501
London median hourly rate £22.29 £21.50 £22.50
Median hourly rate % change year-on-year +3.65% -4.44% +15.86%
10th Percentile £12.50 £12.49 £12.00
90th Percentile £53.75 £50.00 £52.50
England median hourly rate £18.78 £18.70 £19.00
% change year-on-year +0.43% -1.58% -

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 21 April 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 21 April 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 -6 28 £650 -10.96% 3
East London - 1 £614 -
Electronic Trading Java Developer
England

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

For the 6 months to 21 April 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.

1 123 (100.00%) Java
1 123 (100.00%) Electronic Trading
2 71 (57.72%) Front Office
3 62 (50.41%) Multithreading
4 59 (47.97%) Low Latency
5 55 (44.72%) Foreign Exchange (FX)
6 54 (43.90%) Agile Software Development
7 46 (37.40%) Finance
8 42 (34.15%) Banking
9 37 (30.08%) ION Trading
10 29 (23.58%) Derivative
11 27 (21.95%) Oracle
11 27 (21.95%) SQL Server
12 26 (21.14%) SQL
13 25 (20.33%) Fixed Income
13 25 (20.33%) ION MarketView
14 24 (19.51%) Problem-Solving
15 23 (18.70%) KDB
15 23 (18.70%) SDLC
16 22 (17.89%) Multithreaded Programming
17 21 (17.07%) User Experience
18 20 (16.26%) Linux
19 18 (14.63%) Computer Science
20 17 (13.82%) FXall
21 16 (13.01%) Degree
21 16 (13.01%) TIBCO
21 16 (13.01%) C++
22 15 (12.20%) JMS
22 15 (12.20%) Workflow
22 15 (12.20%) Middleware

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 10 (8.13%) Oracle SOA Suite
2 1 (0.81%) Confluence
2 1 (0.81%) Oracle Workflow
Business Applications
1 25 (20.33%) ION MarketView
Cloud Services
1 10 (8.13%) GitHub
2 4 (3.25%) Cloud Computing
3 2 (1.63%) Amazon AWS
Database & Business Intelligence
1 27 (21.95%) SQL Server
2 23 (18.70%) KDB
3 10 (8.13%) Kdb+
3 10 (8.13%) Tick Data
4 4 (3.25%) NoSQL
5 3 (2.44%) Relational Database
6 2 (1.63%) DB2
6 2 (1.63%) RDBMS
Development Applications
1 14 (11.38%) TeamCity
2 11 (8.94%) Git (software)
2 11 (8.94%) Jenkins
2 11 (8.94%) Subversion
3 10 (8.13%) Moq
4 4 (3.25%) JIRA
5 3 (2.44%) Bitbucket
5 3 (2.44%) Cucumber
5 3 (2.44%) JUnit
5 3 (2.44%) Mockito
6 1 (0.81%) GitLab
6 1 (0.81%) Hudson
6 1 (0.81%) Maven
6 1 (0.81%) Sonatype Nexus
General
1 71 (57.72%) Front Office
2 46 (37.40%) Finance
3 42 (34.15%) Banking
4 5 (4.07%) Investment Banking
5 1 (0.81%) Back Office
5 1 (0.81%) Financial Institution
Libraries, Frameworks & Software Standards
1 15 (12.20%) JMS
1 15 (12.20%) Middleware
2 14 (11.38%) .NET
3 13 (10.57%) HTML
3 13 (10.57%) HTML5
4 12 (9.76%) Rendezvous
5 10 (8.13%) JNI
5 10 (8.13%) Reactive Extensions
5 10 (8.13%) RxJava
5 10 (8.13%) WPF
6 9 (7.32%) FIX Protocol
6 9 (7.32%) Node.js
7 4 (3.25%) Ultra Messaging
7 4 (3.25%) XML
7 4 (3.25%) XSD
7 4 (3.25%) XSLT
8 2 (1.63%) WCF
9 1 (0.81%) CSS
9 1 (0.81%) Spring
9 1 (0.81%) TIBCO EMS
Miscellaneous
1 55 (44.72%) Foreign Exchange (FX)
2 29 (23.58%) Derivative
3 25 (20.33%) Fixed Income
4 21 (17.07%) User Experience
5 14 (11.38%) Algorithms
5 14 (11.38%) Equities
6 11 (8.94%) Greenfield Project
7 10 (8.13%) Hedge funds
8 7 (5.69%) Analytical Skills
9 4 (3.25%) Grid Computing
9 4 (3.25%) Self-Motivation
10 3 (2.44%) Data Structures
11 2 (1.63%) Equity Derivative
12 1 (0.81%) Fintech
12 1 (0.81%) Virtual Team
Operating Systems
1 20 (16.26%) Linux
2 14 (11.38%) Unix
Processes & Methodologies
1 123 (100.00%) Electronic Trading
2 62 (50.41%) Multithreading
3 59 (47.97%) Low Latency
4 54 (43.90%) Agile Software Development
5 24 (19.51%) Problem-Solving
6 23 (18.70%) SDLC
7 22 (17.89%) Multithreaded Programming
8 18 (14.63%) Computer Science
9 15 (12.20%) Workflow
10 14 (11.38%) Scrum
11 13 (10.57%) Algorithmic Trading
12 12 (9.76%) Visualisation
13 11 (8.94%) Risk Management
13 11 (8.94%) TDD
14 10 (8.13%) Analytics
14 10 (8.13%) Continuous Integration
14 10 (8.13%) DevOps
14 10 (8.13%) SOA
14 10 (8.13%) Unit Testing
15 9 (7.32%) Data Visualisation
Programming Languages
1 123 (100.00%) Java
2 26 (21.14%) SQL
3 16 (13.01%) C++
4 15 (12.20%) Java 8
5 14 (11.38%) C#
6 7 (5.69%) C
7 6 (4.88%) JavaScript
8 4 (3.25%) Python
9 1 (0.81%) Bash Shell
9 1 (0.81%) TypeScript
Qualifications
1 16 (13.01%) Degree
Quality Assurance & Compliance
1 12 (9.76%) QA
Vendors
1 37 (30.08%) ION Trading
2 27 (21.95%) Oracle
3 17 (13.82%) FXall
4 16 (13.01%) TIBCO
5 12 (9.76%) DevExpress
5 12 (9.76%) Microsoft
6 10 (8.13%) RedGate
7 3 (2.44%) Solace
8 1 (0.81%) Currenex
8 1 (0.81%) Sybase