Electronic Trading Contracts

Electronic Trading (eTrading)
UK

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 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
20 May 2024
Same period 2023 Same period 2022
Rank 360 219 324
Rank change year-on-year -141 +105 -2
Contract jobs citing Electronic Trading 223 685 741
As % of all contract jobs advertised in the UK 0.52% 1.20% 0.84%
As % of the Processes & Methodologies category 0.61% 1.33% 0.93%
Number of daily rates quoted 206 605 660
10th Percentile £606 £538 £575
25th Percentile £725 £613 £688
Median daily rate (50th Percentile) £800 £750 £750
Median % change year-on-year +6.67% - +11.11%
75th Percentile £875 £863 £838
90th Percentile £1,100 £950 £888
UK excluding London median daily rate £475 - -
Number of hourly rates quoted 0 1 0
Median hourly rate - £64.25 -
UK excluding London median hourly rate - - -

All Process and Methodology Skills
UK

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.

Contract vacancies with a requirement for process or methodology skills 36,622 51,397 80,021
As % of all contract IT jobs advertised in the UK 86.09% 89.76% 90.61%
Number of daily rates quoted 23,613 35,611 56,174
10th Percentile £300 £325 £344
25th Percentile £413 £439 £430
Median daily rate (50th Percentile) £525 £550 £530
Median % change year-on-year -4.55% +3.77% +7.07%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £480
% change year-on-year - +4.17% +9.09%
Number of hourly rates quoted 2,439 1,690 1,913
10th Percentile £12.75 £10.63 £12.50
25th Percentile £16.00 £15.77 £15.50
Median hourly rate £36.50 £36.00 £25.68
Median % change year-on-year +1.39% +40.19% +7.00%
75th Percentile £60.00 £65.00 £49.50
90th Percentile £72.50 £75.00 £65.00
UK excluding London median hourly rate £38.00 £35.00 £20.00
% change year-on-year +8.57% +75.00% -6.54%

Electronic Trading
Job Vacancy Trend

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

Job vacancy trend for Electronic Trading in the UK

Electronic Trading
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Electronic Trading.

Daily rate trend for Electronic Trading in the UK

Electronic Trading
Daily Rate Histogram

Daily rate distribution for jobs citing Electronic Trading over the 6 months to 20 May 2024.

Daily rate histogram for Electronic Trading in the UK

Electronic Trading
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Electronic Trading.

Hourly rate trend for Electronic Trading in the UK

Electronic Trading
Top 7 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 May 2024. 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
Jobs
England -129 218 £813 +8.33% 72
London -92 214 £825 +10.00% 71
Work from Home -25 85 £850 +6.25% 16
UK excluding London +55 4 £475 - 16
East of England - 2 £475 -
East Midlands - 2 £356 -
Midlands - 2 £356 -

Electronic Trading
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 14 (6.28%) Confluence
2 7 (3.14%) SAS
3 6 (2.69%) Apache Airflow
4 2 (0.90%) SharePoint
5 1 (0.45%) Apache
Applications
1 15 (6.73%) Microsoft Excel
1 15 (6.73%) Microsoft PowerPoint
2 13 (5.83%) MS Visio
3 2 (0.90%) Microsoft Office
3 2 (0.90%) Microsoft Project
Business Applications
1 15 (6.73%) ION MarketView
2 4 (1.79%) RMDS
3 2 (0.90%) Fidessa
3 2 (0.90%) ION Anvil
4 1 (0.45%) Actimize
Cloud Services
1 21 (9.42%) npm
2 12 (5.38%) Azure
3 5 (2.24%) AWS
4 4 (1.79%) Azure App Service
4 4 (1.79%) Azure Cosmos DB
4 4 (1.79%) Azure DevOps
4 4 (1.79%) Azure Service Bus
5 3 (1.35%) Yarn
6 1 (0.45%) Serverless
Communications & Networking
1 16 (7.17%) FIX Connectivity
2 1 (0.45%) SAN
Database & Business Intelligence
1 45 (20.18%) KDB
2 19 (8.52%) Relational Database
3 12 (5.38%) NoSQL
4 7 (3.14%) Kdb+
5 4 (1.79%) SQL Server
6 3 (1.35%) MongoDB
7 1 (0.45%) Data Mart
7 1 (0.45%) Hazelcast
7 1 (0.45%) MySQL
Development Applications
1 45 (20.18%) JIRA
2 29 (13.00%) TeamCity
3 25 (11.21%) Git
4 21 (9.42%) webpack
5 14 (6.28%) Moq
6 12 (5.38%) Cucumber
7 10 (4.48%) NUnit
8 9 (4.04%) Cypress.io
8 9 (4.04%) git-flow
9 8 (3.59%) SpecFlow
10 4 (1.79%) Visual Studio
11 3 (1.35%) Bitbucket
12 2 (0.90%) GitLab
12 2 (0.90%) Gradle
12 2 (0.90%) IntelliJ
12 2 (0.90%) Jenkins
12 2 (0.90%) JUnit
12 2 (0.90%) Mockito
General
1 118 (52.91%) Front Office
2 82 (36.77%) Finance
3 67 (30.04%) Social Skills
4 66 (29.60%) Banking
5 54 (24.22%) Analytical Skills
6 42 (18.83%) Investment Banking
7 8 (3.59%) Marketing
8 1 (0.45%) Financial Institution
8 1 (0.45%) Presentation Skills
Job Titles
1 151 (67.71%) Developer
2 64 (28.70%) Java Developer
3 53 (23.77%) Senior
4 43 (19.28%) Electronic Trading Developer
5 42 (18.83%) Senior Developer
6 40 (17.94%) C# Developer
7 26 (11.66%) Full Stack Developer
8 25 (11.21%) Electronic Trading Java Developer
9 24 (10.76%) React Developer
9 24 (10.76%) Senior Java Developer
10 22 (9.87%) Business Analyst
11 20 (8.97%) Angular Developer
11 20 (8.97%) Full-Stack C# Developer
12 18 (8.07%) Analyst
13 17 (7.62%) KDB Developer
13 17 (7.62%) UI Developer
14 16 (7.17%) Electronic Trading Business Analyst
14 16 (7.17%) Real Time Developer
15 14 (6.28%) Applications Developer
15 14 (6.28%) Web Applications Developer
Libraries, Frameworks & Software Standards
1 66 (29.60%) React
2 56 (25.11%) FIX Protocol
3 29 (13.00%) AngularJS
4 28 (12.56%) WebSockets
5 24 (10.76%) .NET
6 23 (10.31%) RxJS
7 22 (9.87%) REST
8 21 (9.42%) CSS
9 20 (8.97%) Redux
10 17 (7.62%) WPF
11 16 (7.17%) Middleware
11 16 (7.17%) XML
12 13 (5.83%) .NET Core
13 11 (4.93%) ASP.NET
13 11 (4.93%) Reactive Extensions
13 11 (4.93%) RESTful
13 11 (4.93%) Spring
14 10 (4.48%) OpenFin
14 10 (4.48%) RabbitMQ
14 10 (4.48%) SignalR
Miscellaneous
1 91 (40.81%) Fixed Income
2 39 (17.49%) Derivative
2 39 (17.49%) Foreign Exchange (FX)
3 17 (7.62%) Enterprise Software
4 14 (6.28%) Equities
4 14 (6.28%) Greenfield Project
5 13 (5.83%) Distributed Systems
6 10 (4.48%) Algorithms
7 9 (4.04%) Data Structures
8 8 (3.59%) Self-Motivation
9 7 (3.14%) Data Protection Act
10 6 (2.69%) Wiki
11 4 (1.79%) Interest Rate Derivative
11 4 (1.79%) Legacy Systems
11 4 (1.79%) Management Information System
12 2 (0.90%) Clustering
12 2 (0.90%) Data Centre
12 2 (0.90%) Product Ownership
12 2 (0.90%) Reinsurance
12 2 (0.90%) Virtual Team
Operating Systems
1 31 (13.90%) Unix
2 25 (11.21%) Linux
3 4 (1.79%) Windows
4 1 (0.45%) Windows Server
Processes & Methodologies
1 81 (36.32%) Agile
2 54 (24.22%) Low Latency
3 39 (17.49%) Design Patterns
4 37 (16.59%) Multithreading
4 37 (16.59%) Software Engineering
5 36 (16.14%) Continuous Improvement
6 35 (15.70%) Full Stack Development
6 35 (15.70%) Test Automation
7 34 (15.25%) Algorithmic Trading
7 34 (15.25%) Continuous Integration
8 31 (13.90%) TDD
9 25 (11.21%) CI/CD
9 25 (11.21%) OO
9 25 (11.21%) Risk Management
10 24 (10.76%) Analytics
10 24 (10.76%) Stakeholder Management
11 23 (10.31%) Computer Science
12 22 (9.87%) SDLC
13 19 (8.52%) Continuous Delivery
13 19 (8.52%) DevOps
Programming Languages
1 94 (42.15%) Java
2 67 (30.04%) C#
3 52 (23.32%) TypeScript
4 48 (21.52%) SQL
5 46 (20.63%) JavaScript
6 29 (13.00%) Python
7 7 (3.14%) C++
8 6 (2.69%) Kotlin
9 5 (2.24%) Perl
10 4 (1.79%) Bicep
10 4 (1.79%) Scala
11 2 (0.90%) Bash
11 2 (0.90%) PowerShell
12 1 (0.45%) Shell Script
Qualifications
1 39 (17.49%) Degree
2 11 (4.93%) CCNA
2 11 (4.93%) Cisco Certification
2 11 (4.93%) Master's Degree
3 4 (1.79%) Computer Science Degree
4 1 (0.45%) ITIL Certification
Quality Assurance & Compliance
1 11 (4.93%) QA
2 8 (3.59%) Dodd-Frank
2 8 (3.59%) EMIR
2 8 (3.59%) MiFID
3 6 (2.69%) Data Quality
System Software
1 12 (5.38%) Docker
2 2 (0.90%) Virtual Machines
3 1 (0.45%) Active Directory
3 1 (0.45%) Hyper-V
Systems Management
1 6 (2.69%) ITRS Geneos
2 2 (0.90%) Ansible
2 2 (0.90%) Microsoft Clustering
3 1 (0.45%) HP ALM
3 1 (0.45%) Kubernetes
Vendors
1 42 (18.83%) ION Trading
2 17 (7.62%) Bloomberg
2 17 (7.62%) TIBCO
2 17 (7.62%) Tradeweb
3 15 (6.73%) MarketAxess
4 11 (4.93%) Cisco
4 11 (4.93%) Solace
5 7 (3.14%) Microsoft
6 5 (2.24%) Murex
7 3 (1.35%) Atlassian
8 2 (0.90%) Arista
8 2 (0.90%) BT
8 2 (0.90%) HP
8 2 (0.90%) IBM
8 2 (0.90%) Oracle
8 2 (0.90%) Radianz
8 2 (0.90%) Reuters
8 2 (0.90%) ServiceNow
8 2 (0.90%) Splunk
8 2 (0.90%) Sybase