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

6 months to
9 Jun 2024
Same period 2023 Same period 2022
Rank 397 244 325
Rank change year-on-year -153 +81 -2
Contract jobs citing Electronic Trading 210 609 747
As % of all contract jobs advertised in the UK 0.48% 1.10% 0.85%
As % of the Processes & Methodologies category 0.57% 1.22% 0.94%
Number of daily rates quoted 192 543 675
10th Percentile £615 £538 £575
25th Percentile £731 £613 £688
Median daily rate (50th Percentile) £800 £750 £770
Median % change year-on-year +6.67% -2.60% +14.07%
75th Percentile £900 £863 £838
90th Percentile £1,100 £950 £888
UK excluding London median daily rate £475 - -

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 36,914 49,809 79,437
As % of all contract IT jobs advertised in the UK 85.21% 89.64% 90.63%
Number of daily rates quoted 23,592 34,469 55,846
10th Percentile £300 £325 £350
25th Percentile £413 £438 £435
Median daily rate (50th Percentile) £525 £550 £538
Median % change year-on-year -4.55% +2.33% +7.50%
75th Percentile £638 £650 £649
90th Percentile £750 £750 £743
UK excluding London median daily rate £500 £500 £490
% change year-on-year - +2.04% +8.89%
Number of hourly rates quoted 2,564 1,687 1,868
10th Percentile £12.75 £10.70 £12.50
25th Percentile £16.00 £15.75 £15.75
Median hourly rate £36.50 £35.80 £25.68
Median % change year-on-year +1.96% +39.41% +11.65%
75th Percentile £61.25 £65.00 £50.00
90th Percentile £72.50 £75.00 £65.00
UK excluding London median hourly rate £38.12 £35.00 £20.51
% change year-on-year +8.91% +70.69% -2.36%

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 9 June 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 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 9 June 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 -132 205 £825 +10.00% 57
London -107 199 £825 +10.00% 54
Work from Home +1 83 £850 +6.25% 18
UK excluding London +48 6 £475 -
East of England - 2 £475 -
East Midlands - 2 £356 -
Midlands - 2 £356 -
North West - 1 £650 -
South East - 1 - -
North of England - 1 £650 -

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 12 (5.71%) Confluence
2 7 (3.33%) SAS
3 2 (0.95%) Apache Airflow
3 2 (0.95%) SharePoint
4 1 (0.48%) Apache
Applications
1 13 (6.19%) Microsoft Excel
1 13 (6.19%) Microsoft PowerPoint
2 11 (5.24%) MS Visio
3 2 (0.95%) Microsoft Office
3 2 (0.95%) Microsoft Project
Business Applications
1 14 (6.67%) ION MarketView
2 4 (1.90%) RMDS
3 2 (0.95%) Fidessa
3 2 (0.95%) ION Anvil
4 1 (0.48%) Actimize
Cloud Services
1 16 (7.62%) npm
2 12 (5.71%) Azure
3 6 (2.86%) Azure App Service
3 6 (2.86%) Azure Cosmos DB
3 6 (2.86%) Azure Service Bus
4 5 (2.38%) AWS
5 3 (1.43%) Yarn
6 2 (0.95%) Azure DevOps
7 1 (0.48%) Serverless
Communications & Networking
1 14 (6.67%) FIX Connectivity
2 1 (0.48%) SAN
Database & Business Intelligence
1 42 (20.00%) KDB
2 17 (8.10%) Relational Database
3 12 (5.71%) NoSQL
4 4 (1.90%) SQL Server
5 3 (1.43%) MongoDB
6 2 (0.95%) Kdb+
7 1 (0.48%) Data Mart
7 1 (0.48%) Hazelcast
7 1 (0.48%) MySQL
Development Applications
1 36 (17.14%) JIRA
2 27 (12.86%) Git
3 25 (11.90%) TeamCity
4 16 (7.62%) webpack
5 12 (5.71%) Cucumber
5 12 (5.71%) Moq
6 11 (5.24%) git-flow
7 10 (4.76%) NUnit
8 9 (4.29%) Cypress.io
9 8 (3.81%) SpecFlow
10 3 (1.43%) Bitbucket
11 2 (0.95%) GitLab
11 2 (0.95%) Gradle
11 2 (0.95%) IntelliJ
11 2 (0.95%) Jenkins
11 2 (0.95%) JUnit
11 2 (0.95%) Mockito
11 2 (0.95%) Visual Studio
12 1 (0.48%) Maven
General
1 103 (49.05%) Front Office
2 78 (37.14%) Finance
3 64 (30.48%) Social Skills
4 61 (29.05%) Banking
5 47 (22.38%) Analytical Skills
6 37 (17.62%) Investment Banking
7 10 (4.76%) Marketing
8 1 (0.48%) Presentation Skills
Job Titles
1 145 (69.05%) Developer
2 62 (29.52%) Java Developer
3 57 (27.14%) Senior
4 47 (22.38%) Electronic Trading Developer
5 44 (20.95%) Senior Developer
6 39 (18.57%) C# Developer
7 25 (11.90%) React Developer
8 24 (11.43%) Electronic Trading Java Developer
8 24 (11.43%) Full Stack Developer
8 24 (11.43%) Senior Java Developer
9 19 (9.05%) Full-Stack C# Developer
10 16 (7.62%) Business Analyst
11 14 (6.67%) Analyst
11 14 (6.67%) Angular Developer
11 14 (6.67%) Real Time Developer
12 13 (6.19%) KDB Developer
12 13 (6.19%) UI Developer
13 12 (5.71%) C# WPF Developer
13 12 (5.71%) Java Quantitative Developer
13 12 (5.71%) WPF Developer
Libraries, Frameworks & Software Standards
1 65 (30.95%) React
2 51 (24.29%) FIX Protocol
3 29 (13.81%) AngularJS
4 26 (12.38%) .NET
5 24 (11.43%) WebSockets
6 21 (10.00%) CSS
7 20 (9.52%) Redux
8 18 (8.57%) Middleware
8 18 (8.57%) WPF
9 17 (8.10%) REST
9 17 (8.10%) RxJS
10 14 (6.67%) XML
11 13 (6.19%) .NET Core
12 12 (5.71%) OpenFin
12 12 (5.71%) Spring
13 11 (5.24%) ASP.NET
13 11 (5.24%) Jest
13 11 (5.24%) Material-UI
13 11 (5.24%) RESTful
13 11 (5.24%) Tailwind CSS
Miscellaneous
1 92 (43.81%) Fixed Income
2 39 (18.57%) Foreign Exchange (FX)
3 36 (17.14%) Derivative
4 19 (9.05%) Enterprise Software
5 13 (6.19%) Distributed Systems
5 13 (6.19%) Greenfield Project
6 11 (5.24%) Equities
7 10 (4.76%) Algorithms
7 10 (4.76%) Self-Motivation
8 9 (4.29%) Data Structures
9 8 (3.81%) Data Protection Act
10 5 (2.38%) Management Information System
10 5 (2.38%) Wiki
11 4 (1.90%) Legacy Systems
12 2 (0.95%) Clustering
12 2 (0.95%) Credit Derivative
12 2 (0.95%) Data Centre
12 2 (0.95%) Interest Rate Derivative
12 2 (0.95%) Reinsurance
12 2 (0.95%) Team-Oriented Environment
Operating Systems
1 26 (12.38%) Unix
2 24 (11.43%) Linux
3 4 (1.90%) Windows
4 1 (0.48%) Windows Server
Processes & Methodologies
1 73 (34.76%) Agile
2 52 (24.76%) Low Latency
3 39 (18.57%) Multithreading
4 35 (16.67%) Software Engineering
5 33 (15.71%) Design Patterns
6 32 (15.24%) Continuous Integration
6 32 (15.24%) Full Stack Development
6 32 (15.24%) Test Automation
7 30 (14.29%) Continuous Improvement
7 30 (14.29%) TDD
8 29 (13.81%) Algorithmic Trading
9 28 (13.33%) OO
10 26 (12.38%) CI/CD
11 25 (11.90%) SDLC
12 22 (10.48%) Computer Science
12 22 (10.48%) Risk Management
13 21 (10.00%) Analytics
13 21 (10.00%) Microservices
14 19 (9.05%) Continuous Delivery
14 19 (9.05%) User Acceptance Testing
Programming Languages
1 88 (41.90%) Java
2 63 (30.00%) C#
3 48 (22.86%) TypeScript
4 42 (20.00%) JavaScript
5 38 (18.10%) SQL
6 25 (11.90%) Python
7 8 (3.81%) C++
8 7 (3.33%) Kotlin
9 5 (2.38%) Perl
10 4 (1.90%) Bicep
11 3 (1.43%) Scala
12 2 (0.95%) Bash
12 2 (0.95%) PowerShell
13 1 (0.48%) Shell Script
Qualifications
1 34 (16.19%) Degree
2 11 (5.24%) CCNA
2 11 (5.24%) Cisco Certification
2 11 (5.24%) Master's Degree
3 4 (1.90%) Computer Science Degree
4 2 (0.95%) Numerate Degree
5 1 (0.48%) ITIL Certification
Quality Assurance & Compliance
1 9 (4.29%) QA
2 6 (2.86%) Dodd-Frank
2 6 (2.86%) EMIR
2 6 (2.86%) MiFID
3 2 (0.95%) Data Quality
System Software
1 12 (5.71%) Docker
2 1 (0.48%) Active Directory
2 1 (0.48%) Hyper-V
2 1 (0.48%) Virtual Machines
Systems Management
1 3 (1.43%) ITRS Geneos
2 2 (0.95%) Ansible
2 2 (0.95%) Microsoft Clustering
3 1 (0.48%) HP ALM
3 1 (0.48%) Kubernetes
Vendors
1 41 (19.52%) ION Trading
2 18 (8.57%) TIBCO
3 15 (7.14%) Bloomberg
3 15 (7.14%) Tradeweb
4 13 (6.19%) MarketAxess
5 12 (5.71%) Solace
6 11 (5.24%) Cisco
7 7 (3.33%) Microsoft
8 4 (1.90%) Murex
9 3 (1.43%) Atlassian
10 2 (0.95%) Arista
10 2 (0.95%) BT
10 2 (0.95%) HP
10 2 (0.95%) IBM
10 2 (0.95%) Oracle
10 2 (0.95%) Radianz
10 2 (0.95%) Refinitiv
10 2 (0.95%) ServiceNow
10 2 (0.95%) Splunk
10 2 (0.95%) Sybase