The table below looks at the prevalence of the term TWAP in permanent job vacancies. Included is a benchmarking guide to the salaries offered in vacancies that have cited TWAP over the 3 months to 28 March 2017 with a comparison to the same period over the previous 2 years.

Time-Weighted Average Price (TWAP)
UK
3 months to
28 Mar 2017
Same period 2016 Same period 2015
Rank 857 953 977
Rank change year-on-year +96 +24  
Permanent jobs citing TWAP 1 1 1
As % of all permanent IT jobs advertised in the UK 0.001% 0.001% 0.001%
As % of the Miscellaneous category 0.003% 0.002% 0.002%
Number of salaries quoted 0 1 0
Median salary - £97,500 -
UK excluding London median salary - - -

TWAP is in the generic IT skills category. The next table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for generic IT skills.

Generic IT Skills
UK
Permanent job vacancies with a requirement for generic IT skills 32712 42657 42069
As % of all permanent IT job vacancies advertised in the UK 38.39% 41.03% 38.93%
Number of salaries quoted 26358 34062 33244
Median salary £50,000 £50,000 £47,500
Median salary % change year-on-year - +5.26%  
90% offered a salary of more than £29,340 £29,750 £27,500
10% offered a salary of more than £80,000 £75,000 £77,500
UK excluding London median salary £42,500 £42,500 £40,000
% change year-on-year - +6.25%  

TWAP
Job Vacancy Trend

The job posting trend of jobs advertised citing TWAP as a proportion of all permanent or contract IT jobs with a match in the Miscellaneous category.

Job vacancy trend for TWAP in the UK

TWAP
Salary Trend

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing TWAP.

Salary trend for TWAP in the UK

TWAP
Top 3 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing TWAP within the UK over the 3 months to 28 March 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Median Salary
Last 3 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +105 1 - -
London +78 1 - -
City of London - 1 - -

For the 6 months to 28 March 2017, IT jobs citing TWAP also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all job ads with a requirement for TWAP.

1 11 (100.00%) Equities
1 11 (100.00%) VWAP
2 9 (81.82%) Algorithmic Trading
2 9 (81.82%) FIX Protocol
2 9 (81.82%) Front Office
3 7 (63.64%) Java
3 7 (63.64%) SQL
3 7 (63.64%) Hedge funds
3 7 (63.64%) Algorithms
4 6 (54.55%) Derivative
5 5 (45.45%) Banking
5 5 (45.45%) Linux
5 5 (45.45%) XML
5 5 (45.45%) KDB
5 5 (45.45%) Multithreading
6 4 (36.36%) FIX Connectivity
6 4 (36.36%) Analytical Skills
6 4 (36.36%) ITIL
6 4 (36.36%) Unix
6 4 (36.36%) Perl
6 4 (36.36%) Sybase
6 4 (36.36%) Python
6 4 (36.36%) Finance
7 3 (27.27%) Agile Software Development
7 3 (27.27%) Proprietary Trading
7 3 (27.27%) Equity Derivative
8 2 (18.18%) Portware
8 2 (18.18%) Electronic Trading
8 2 (18.18%) Unit Testing
8 2 (18.18%) Continuous Integration

TWAP
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:

Communications & Networking
1 4 (36.36%) FIX Connectivity
Database & Business Intelligence
1 5 (45.45%) KDB
2 1 (9.09%) Kdb+
2 1 (9.09%) Tick Data
Development Applications
1 1 (9.09%) Eclipse
1 1 (9.09%) IntelliJ
1 1 (9.09%) Maven
1 1 (9.09%) Subversion
General
1 9 (81.82%) Front Office
2 5 (45.45%) Banking
3 4 (36.36%) Finance
4 1 (9.09%) Investment Banking
Job Titles
1 7 (63.64%) Developer
2 6 (54.55%) Java Developer
3 3 (27.27%) Applications Support
3 3 (27.27%) Systems Support
4 1 (9.09%) Algorithmic Trading Developer
4 1 (9.09%) Analyst
4 1 (9.09%) Banking Analyst
4 1 (9.09%) Java Developer - Algorithmic Trading
4 1 (9.09%) Senior Developer
4 1 (9.09%) Senior Java Developer
4 1 (9.09%) Support Analyst
Libraries, Frameworks & Software Standards
1 9 (81.82%) FIX Protocol
2 5 (45.45%) XML
Miscellaneous
1 11 (100.00%) Equities
1 11 (100.00%) VWAP
2 7 (63.64%) Algorithms
2 7 (63.64%) Hedge funds
3 6 (54.55%) Derivative
4 4 (36.36%) Analytical Skills
5 3 (27.27%) Equity Derivative
6 1 (9.09%) Computer Science
6 1 (9.09%) Enterprise Software
6 1 (9.09%) Fintech
Operating Systems
1 5 (45.45%) Linux
2 4 (36.36%) Unix
3 1 (9.09%) Windows
Processes & Methodologies
1 9 (81.82%) Algorithmic Trading
2 5 (45.45%) Multithreading
3 4 (36.36%) ITIL
4 3 (27.27%) Agile Software Development
4 3 (27.27%) Proprietary Trading
5 2 (18.18%) Continuous Integration
5 2 (18.18%) Electronic Trading
5 2 (18.18%) Low Latency
5 2 (18.18%) Unit Testing
6 1 (9.09%) Analytics
6 1 (9.09%) Business Analysis
6 1 (9.09%) Data Analysis
6 1 (9.09%) Garbage Collection
6 1 (9.09%) Incident Management
6 1 (9.09%) Index Arbitrage
6 1 (9.09%) Market Making
6 1 (9.09%) Performance Metrics
6 1 (9.09%) Problem Management
6 1 (9.09%) Statistics
6 1 (9.09%) TDD
Programming Languages
1 7 (63.64%) Java
1 7 (63.64%) SQL
2 4 (36.36%) Perl
2 4 (36.36%) Python
3 1 (9.09%) C#
3 1 (9.09%) PL/SQL
Qualifications
1 1 (9.09%) Degree
Quality Assurance & Compliance
1 1 (9.09%) QA
Vendors
1 4 (36.36%) Sybase
2 2 (18.18%) Portware
3 1 (9.09%) Oracle