Period
to 20 November 2017

The following table provides summary statistics for contract job vacancies 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 November 2017 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)
UK
6 months to
20 Nov 2017
Same period 2016 Same period 2015
Rank 258 563 495
Rank change year-on-year +305 -68 -91
Contract jobs citing Electronic Trading 1006 340 446
As % of all contract IT jobs advertised in the UK 0.98% 0.33% 0.39%
As % of the Processes & Methodologies category 1.16% 0.39% 0.48%
Number of daily rates quoted 861 287 376
UK median daily rate £638 £625 £600
Median daily rate % change year-on-year +2.00% +4.17% -
10th Percentile £475 £440 £475
90th Percentile £775 £725 £722
UK excluding London median daily rate £420 £425 £463
% change year-on-year -1.18% -8.11% +8.82%
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding 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 with a requirement for process or methodology skills.

All Process and Methodology Skills
UK
Contract vacancies with a requirement for process or methodology skills 86424 87276 93513
As % of all contract IT jobs advertised in the UK 84.51% 83.91% 81.77%
Number of daily rates quoted 57570 57725 60596
UK median daily rate £450 £425 £413
Median daily rate % change year-on-year +5.88% +3.03% +3.13%
10th Percentile £281 £263 £263
90th Percentile £630 £600 £600
UK excluding London median daily rate £400 £400 £385
% change year-on-year - +3.90% +2.67%
Number of hourly rates quoted 2044 2323 2749
UK median hourly rate £23.63 £24.00 £22.50
Median hourly rate % change year-on-year -1.56% +6.67% +18.42%
10th Percentile £11.44 £11.26 £11.50
90th Percentile £49.75 £48.75 £47.71
UK excluding London median hourly rate £24.00 £24.50 £23.75
% change year-on-year -2.04% +3.16% +18.75%

Electronic Trading
Job Vacancy Trend

Job postings citing Electronic Trading as a percentage of all IT jobs advertised.

Job vacancy trend for Electronic Trading in the UK

Electronic Trading
Contractor Daily Rate Trend

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

Contractor daily rate trend for Electronic Trading in the UK

Electronic Trading
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Electronic Trading over the 6 months to 20 November 2017.

Contractor daily rate histogram for Electronic Trading in the UK

Electronic Trading
Contractor Hourly Rate Trend

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Electronic Trading.

Contractor hourly rate trend for Electronic Trading in the UK

Electronic Trading
Top 10 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Electronic Trading within the UK over the 6 months to 20 November 2017. 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
England +295 965 £650 +4.00% 70
London +181 955 £650 +4.00% 70
UK excluding London +78 51 £420 -1.18%
Northern Ireland -13 38 £420 -
West Midlands +28 6 £388 +39.39%
Midlands +21 6 £388 -8.82%
North of England +62 4 £500 -
Scotland -11 3 - -
North West +22 2 £90 -
Yorkshire - 2 £550 -

For the 6 months to 20 November 2017, IT contractor jobs citing Electronic Trading also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Electronic Trading.

1 572 (56.86%) Java
2 533 (52.98%) Front Office
3 476 (47.32%) Banking
4 434 (43.14%) Foreign Exchange (FX)
5 431 (42.84%) Low Latency
6 401 (39.86%) Finance
7 381 (37.87%) Multithreading
8 247 (24.55%) Investment Banking
9 241 (23.96%) Fixed Income
10 229 (22.76%) Linux
11 213 (21.17%) C++
11 213 (21.17%) FIX Protocol
12 200 (19.88%) C#
12 200 (19.88%) SQL
13 177 (17.59%) Agile Software Development
13 177 (17.59%) ION Trading
14 171 (17.00%) Unix
15 155 (15.41%) TIBCO
16 146 (14.51%) Equities
17 141 (14.02%) Algorithmic Trading
18 138 (13.72%) ION MarketView
19 131 (13.02%) Greenfield Project
20 113 (11.23%) SDLC
21 110 (10.93%) OO
21 110 (10.93%) Derivative
22 106 (10.54%) Python
23 104 (10.34%) Multithreaded Programming
24 92 (9.15%) Sybase
25 90 (8.95%) SQL Server
26 89 (8.85%) Degree

Electronic Trading
Co-occurring IT Skills 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 14 (1.39%) Oracle Coherence
2 11 (1.09%) Apache Spark
3 9 (0.89%) MQSeries
3 9 (0.89%) Oracle Workflow
4 6 (0.60%) GemFire
5 4 (0.40%) Apache
5 4 (0.40%) Apache Qpid
6 2 (0.20%) Confluence
7 1 (0.099%) SharePoint
7 1 (0.099%) Tomcat
7 1 (0.099%) WebSphere
Applications
1 17 (1.69%) Microsoft Excel
2 10 (0.99%) Spreadsheet
3 7 (0.70%) Microsoft Project
4 6 (0.60%) Microsoft Office
5 2 (0.20%) Microsoft PowerPoint
Business Applications
1 138 (13.72%) ION MarketView
2 27 (2.68%) RMDS
3 20 (1.99%) Bloomberg TOMS
4 6 (0.60%) Kondor
5 2 (0.20%) Postilion
6 1 (0.099%) Infor M3
6 1 (0.099%) SunGard GMI
Cloud Services
1 6 (0.60%) Amazon AWS
1 6 (0.60%) npm
1 6 (0.60%) Yarn
2 2 (0.20%) Cloud Computing
2 2 (0.20%) GitHub
3 1 (0.099%) SaaS
Communications & Networking
1 32 (3.18%) TCP/IP
2 27 (2.68%) FIX Connectivity
3 15 (1.49%) Firewall
4 5 (0.50%) LAN
5 2 (0.20%) Multicast
6 1 (0.099%) BGP
6 1 (0.099%) EIGRP
6 1 (0.099%) FTP
6 1 (0.099%) NAS
6 1 (0.099%) OSPF
6 1 (0.099%) SAN
Database & Business Intelligence
1 90 (8.95%) SQL Server
2 88 (8.75%) KDB
3 36 (3.58%) Relational Database
4 25 (2.49%) Big Data
5 17 (1.69%) Kdb+
6 14 (1.39%) RDBMS
6 14 (1.39%) SQL Server 2008
7 13 (1.29%) Blockchain
7 13 (1.29%) OLAP
8 11 (1.09%) NoSQL
9 10 (0.99%) DB2
10 8 (0.80%) Hadoop
11 6 (0.60%) SQL Server 2014
12 5 (0.50%) MongoDB
12 5 (0.50%) SQLite
13 4 (0.40%) HBase
14 3 (0.30%) BusinessObjects
14 3 (0.30%) Redis
15 2 (0.20%) Apache Cassandra
15 2 (0.20%) Data Warehouse
Development Applications
1 60 (5.96%) TeamCity
2 45 (4.47%) Git (software)
2 45 (4.47%) Subversion
3 36 (3.58%) Maven
4 24 (2.39%) VSS/SourceSafe
5 22 (2.19%) Visual Studio
6 16 (1.59%) JIRA
6 16 (1.59%) JUnit
7 15 (1.49%) Jenkins
8 14 (1.39%) Gradle
9 12 (1.19%) Bitbucket
10 11 (1.09%) Mockito
11 9 (0.89%) Robot Framework
11 9 (0.89%) Sonatype Nexus
12 6 (0.60%) TestNG
13 3 (0.30%) NuGet
13 3 (0.30%) NUnit
13 3 (0.30%) Oracle APEX
14 2 (0.20%) Cucumber
14 2 (0.20%) Grunt
General
1 533 (52.98%) Front Office
2 476 (47.32%) Banking
3 401 (39.86%) Finance
4 247 (24.55%) Investment Banking
5 24 (2.39%) Financial Institution
6 22 (2.19%) Back Office
7 5 (0.50%) Telecoms
8 3 (0.30%) Retail Banking
9 2 (0.20%) French Language
10 1 (0.099%) International Banking
10 1 (0.099%) Legal
10 1 (0.099%) Marketing
10 1 (0.099%) Pharmaceutical
10 1 (0.099%) Retail
Job Titles
1 725 (72.07%) Developer
2 407 (40.46%) Java Developer
3 297 (29.52%) Electronic Trading Developer
4 209 (20.78%) Electronic Trading Java Developer
5 161 (16.00%) Senior Developer
6 130 (12.92%) C# Developer
7 108 (10.74%) Analyst
8 104 (10.34%) C++ Developer
9 99 (9.84%) Senior Java Developer
10 83 (8.25%) Front Office Developer
11 77 (7.65%) Business Analyst
12 46 (4.57%) C# Developer - Electronic Trading
13 42 (4.17%) Low Latency Java Developer
14 36 (3.58%) Low Latency C++ Developer
14 36 (3.58%) WPF Developer
15 34 (3.38%) Electronic Trading C++ Developer
16 33 (3.28%) C# WPF Developer
17 32 (3.18%) Electronic Trading Support
18 31 (3.08%) Electronic Trading Business Analyst
18 31 (3.08%) KDB Developer
Libraries, Frameworks & Software Standards
1 213 (21.17%) FIX Protocol
2 87 (8.65%) Rendezvous
3 74 (7.36%) HTML
4 69 (6.86%) WPF
5 68 (6.76%) HTML5
6 64 (6.36%) .NET
7 59 (5.86%) TIBCO EMS
8 49 (4.87%) JMS
9 47 (4.67%) Middleware
10 39 (3.88%) AngularJS
11 37 (3.68%) WinForms
12 36 (3.58%) XML
13 33 (3.28%) JNI
14 24 (2.39%) Spring
15 20 (1.99%) Boost C++ Libraries
15 20 (1.99%) STL
15 20 (1.99%) XSLT
16 19 (1.89%) Node.js
16 19 (1.89%) XSD
17 18 (1.79%) CSS
Miscellaneous
1 434 (43.14%) Foreign Exchange (FX)
2 241 (23.96%) Fixed Income
3 146 (14.51%) Equities
4 131 (13.02%) Greenfield Project
5 110 (10.93%) Derivative
6 84 (8.35%) Analytical Skills
7 76 (7.55%) Computer Science
8 34 (3.38%) Equity Derivative
9 31 (3.08%) N-Tier
10 17 (1.69%) Fintech
11 16 (1.59%) Virtual Team
12 15 (1.49%) Algorithms
13 11 (1.09%) Data Structures
14 10 (0.99%) Interest Rate Derivative
14 10 (0.99%) Market Risk
14 10 (0.99%) User Experience
15 7 (0.70%) Reference Data
16 5 (0.50%) Credit Risk
16 5 (0.50%) Grid Computing
17 4 (0.40%) Credit Derivative
Operating Systems
1 229 (22.76%) Linux
2 171 (17.00%) Unix
3 60 (5.96%) Windows
4 37 (3.68%) Red Hat Enterprise Linux
5 4 (0.40%) Solaris
6 1 (0.099%) Windows 10
Processes & Methodologies
1 431 (42.84%) Low Latency
2 381 (37.87%) Multithreading
3 177 (17.59%) Agile Software Development
4 141 (14.02%) Algorithmic Trading
5 113 (11.23%) SDLC
6 110 (10.93%) OO
7 104 (10.34%) Multithreaded Programming
8 88 (8.75%) Market Making
9 85 (8.45%) Test Automation
10 72 (7.16%) Risk Management
11 69 (6.86%) TDD
12 64 (6.36%) Continuous Integration
13 59 (5.86%) Mathematics
13 59 (5.86%) MVVM
13 59 (5.86%) Performance Tuning
14 57 (5.67%) E-Commerce
15 55 (5.47%) Migration
16 54 (5.37%) High Availability
17 50 (4.97%) OOD
18 47 (4.67%) OOP
Programming Languages
1 572 (56.86%) Java
2 213 (21.17%) C++
3 200 (19.88%) C#
3 200 (19.88%) SQL
4 106 (10.54%) Python
5 86 (8.55%) JavaScript
6 44 (4.37%) Perl
7 41 (4.08%) C
8 20 (1.99%) Shell Script
9 14 (1.39%) Bash Shell
9 14 (1.39%) TypeScript
10 9 (0.89%) Scala
11 8 (0.80%) VBA
12 7 (0.70%) PHP
13 6 (0.60%) ES6
14 5 (0.50%) Haskell
15 4 (0.40%) PowerShell
15 4 (0.40%) VB
16 3 (0.30%) Korn
17 2 (0.20%) Go
Qualifications
1 89 (8.85%) Degree
2 41 (4.08%) Computer Science Degree
3 19 (1.89%) PhD
4 13 (1.29%) PMP
5 11 (1.09%) PMI Certification
6 9 (0.89%) Numerate Degree
7 7 (0.70%) Master's Degree
8 1 (0.099%) CCIE
8 1 (0.099%) CCNP
8 1 (0.099%) Cisco Certification
Quality Assurance & Compliance
1 64 (6.36%) MiFID
2 26 (2.58%) QA
3 2 (0.20%) Data Quality
4 1 (0.099%) Dodd-Frank
4 1 (0.099%) EMIR
4 1 (0.099%) PMO
System Software
1 6 (0.60%) Docker
2 1 (0.099%) Virtual Machines
Systems Management
1 12 (1.19%) Ansible
2 11 (1.09%) Opscode Chef
3 4 (0.40%) HP Quality Center
4 3 (0.30%) Thomson Reuters DACS
5 2 (0.20%) MOM
6 1 (0.099%) ITRS Geneos
6 1 (0.099%) yum
Vendors
1 177 (17.59%) ION Trading
2 155 (15.41%) TIBCO
3 92 (9.15%) Sybase
4 85 (8.45%) Oracle
5 70 (6.96%) Bloomberg
6 53 (5.27%) Reuters
7 47 (4.67%) Microsoft
8 38 (3.78%) Currenex
9 33 (3.28%) Tradeweb
10 26 (2.58%) FXall
11 24 (2.39%) Perforce
12 14 (1.39%) Solace
13 8 (0.80%) Sun
14 7 (0.70%) DevExpress
14 7 (0.70%) Fidessa
14 7 (0.70%) Murex
15 6 (0.60%) Atlassian
16 5 (0.50%) IBM
16 5 (0.50%) Informatica
16 5 (0.50%) Red Hat