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

6 months to
1 Jun 2024
Same period 2023 Same period 2022
Rank 366 234 323
Rank change year-on-year -132 +89 +4
Contract jobs citing Electronic Trading 218 630 740
As % of all contract jobs advertised in the UK 0.51% 1.12% 0.84%
As % of the Processes & Methodologies category 0.59% 1.25% 0.93%
Number of daily rates quoted 202 560 666
10th Percentile £613 £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 £880 £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 36,802 50,277 79,372
As % of all contract IT jobs advertised in the UK 85.47% 89.69% 90.61%
Number of daily rates quoted 23,632 34,811 55,790
10th Percentile £300 £325 £345
25th Percentile £413 £438 £431
Median daily rate (50th Percentile) £525 £550 £538
Median % change year-on-year -4.55% +2.33% +7.50%
75th Percentile £638 £650 £644
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £488
% change year-on-year - +2.56% +9.18%
Number of hourly rates quoted 2,530 1,673 1,868
10th Percentile £12.75 £10.63 £12.50
25th Percentile £16.00 £15.72 £15.63
Median hourly rate £36.50 £36.25 £25.68
Median % change year-on-year +0.69% +41.16% +9.74%
75th Percentile £60.75 £65.00 £50.00
90th Percentile £72.50 £75.00 £65.00
UK excluding London median hourly rate £38.12 £35.00 £20.00
% change year-on-year +8.91% +75.00% -4.76%

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 1 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 1 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 -136 213 £813 +8.33% 60
London -87 207 £825 +10.00% 57
Work from Home -5 84 £850 +6.25% 15
UK excluding London +43 6 £475 - 1
East of England - 2 £475 -
East Midlands - 2 £356 -
Midlands - 2 £356 -
North West - 1 £650 -
South East - 1 - - 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 13 (5.96%) Confluence
2 7 (3.21%) SAS
3 3 (1.38%) Apache Airflow
4 2 (0.92%) SharePoint
5 1 (0.46%) Apache
Applications
1 14 (6.42%) Microsoft Excel
1 14 (6.42%) Microsoft PowerPoint
2 12 (5.50%) MS Visio
3 2 (0.92%) Microsoft Office
3 2 (0.92%) Microsoft Project
Business Applications
1 15 (6.88%) ION MarketView
2 4 (1.83%) RMDS
3 2 (0.92%) Fidessa
3 2 (0.92%) ION Anvil
4 1 (0.46%) Actimize
Cloud Services
1 19 (8.72%) npm
2 14 (6.42%) Azure
3 6 (2.75%) Azure App Service
3 6 (2.75%) Azure Cosmos DB
3 6 (2.75%) Azure Service Bus
4 5 (2.29%) AWS
5 4 (1.83%) Azure DevOps
6 3 (1.38%) Yarn
7 1 (0.46%) Serverless
Communications & Networking
1 15 (6.88%) FIX Connectivity
2 1 (0.46%) SAN
Database & Business Intelligence
1 43 (19.72%) KDB
2 18 (8.26%) Relational Database
3 12 (5.50%) NoSQL
4 4 (1.83%) SQL Server
5 3 (1.38%) Kdb+
5 3 (1.38%) MongoDB
6 1 (0.46%) Data Mart
6 1 (0.46%) Hazelcast
6 1 (0.46%) MySQL
Development Applications
1 41 (18.81%) JIRA
2 27 (12.39%) TeamCity
3 26 (11.93%) Git
4 19 (8.72%) webpack
5 14 (6.42%) Moq
6 12 (5.50%) Cucumber
7 10 (4.59%) git-flow
7 10 (4.59%) NUnit
7 10 (4.59%) SpecFlow
8 9 (4.13%) Cypress.io
9 4 (1.83%) Visual Studio
10 3 (1.38%) Bitbucket
11 2 (0.92%) GitLab
11 2 (0.92%) Gradle
11 2 (0.92%) IntelliJ
11 2 (0.92%) Jenkins
11 2 (0.92%) JUnit
11 2 (0.92%) Mockito
General
1 109 (50.00%) Front Office
2 80 (36.70%) Finance
3 67 (30.73%) Banking
4 64 (29.36%) Social Skills
5 52 (23.85%) Analytical Skills
6 41 (18.81%) Investment Banking
7 9 (4.13%) Marketing
8 1 (0.46%) Presentation Skills
Job Titles
1 148 (67.89%) Developer
2 64 (29.36%) Java Developer
3 55 (25.23%) Senior
4 45 (20.64%) Electronic Trading Developer
5 43 (19.72%) Senior Developer
6 40 (18.35%) C# Developer
7 26 (11.93%) Electronic Trading Java Developer
7 26 (11.93%) Full Stack Developer
8 24 (11.01%) React Developer
8 24 (11.01%) Senior Java Developer
9 20 (9.17%) Full-Stack C# Developer
10 19 (8.72%) Business Analyst
11 18 (8.26%) Angular Developer
12 16 (7.34%) Analyst
13 15 (6.88%) UI Developer
14 14 (6.42%) KDB Developer
14 14 (6.42%) Real Time Developer
15 13 (5.96%) Electronic Trading Business Analyst
15 13 (5.96%) Java Quantitative Developer
15 13 (5.96%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 64 (29.36%) React
2 55 (25.23%) FIX Protocol
3 29 (13.30%) AngularJS
4 27 (12.39%) WebSockets
5 26 (11.93%) .NET
6 21 (9.63%) CSS
6 21 (9.63%) RxJS
7 20 (9.17%) Redux
7 20 (9.17%) REST
8 18 (8.26%) Middleware
9 16 (7.34%) WPF
10 15 (6.88%) XML
11 13 (5.96%) .NET Core
12 12 (5.50%) Spring
13 11 (5.05%) ASP.NET
13 11 (5.05%) OpenFin
13 11 (5.05%) RESTful
14 10 (4.59%) Jest
14 10 (4.59%) Material-UI
14 10 (4.59%) Tailwind CSS
Miscellaneous
1 91 (41.74%) Fixed Income
2 41 (18.81%) Derivative
3 39 (17.89%) Foreign Exchange (FX)
4 18 (8.26%) Enterprise Software
5 13 (5.96%) Distributed Systems
5 13 (5.96%) Greenfield Project
6 11 (5.05%) Equities
7 10 (4.59%) Algorithms
7 10 (4.59%) Self-Motivation
8 9 (4.13%) Data Structures
9 8 (3.67%) Data Protection Act
10 6 (2.75%) Wiki
11 5 (2.29%) Management Information System
12 4 (1.83%) Interest Rate Derivative
12 4 (1.83%) Legacy Systems
13 2 (0.92%) Clustering
13 2 (0.92%) Data Centre
13 2 (0.92%) Product Ownership
13 2 (0.92%) Reinsurance
13 2 (0.92%) Virtual Team
Operating Systems
1 28 (12.84%) Unix
2 26 (11.93%) Linux
3 4 (1.83%) Windows
4 1 (0.46%) Windows Server
Processes & Methodologies
1 77 (35.32%) Agile
2 52 (23.85%) Low Latency
3 38 (17.43%) Software Engineering
4 37 (16.97%) Design Patterns
5 36 (16.51%) Multithreading
6 34 (15.60%) Continuous Improvement
6 34 (15.60%) Full Stack Development
7 33 (15.14%) Continuous Integration
7 33 (15.14%) TDD
8 32 (14.68%) Algorithmic Trading
8 32 (14.68%) Test Automation
9 26 (11.93%) OO
10 25 (11.47%) CI/CD
11 24 (11.01%) SDLC
12 23 (10.55%) Risk Management
13 22 (10.09%) Analytics
14 21 (9.63%) Microservices
14 21 (9.63%) Stakeholder Management
15 20 (9.17%) Computer Science
16 19 (8.72%) User Acceptance Testing
Programming Languages
1 90 (41.28%) Java
2 65 (29.82%) C#
3 52 (23.85%) TypeScript
4 45 (20.64%) JavaScript
5 43 (19.72%) SQL
6 26 (11.93%) Python
7 7 (3.21%) C++
8 6 (2.75%) Kotlin
9 5 (2.29%) Perl
10 4 (1.83%) Bicep
11 3 (1.38%) Scala
12 2 (0.92%) Bash
12 2 (0.92%) PowerShell
13 1 (0.46%) Shell Script
Qualifications
1 35 (16.06%) Degree
2 11 (5.05%) CCNA
2 11 (5.05%) Cisco Certification
3 10 (4.59%) Master's Degree
4 3 (1.38%) Computer Science Degree
5 1 (0.46%) ITIL Certification
Quality Assurance & Compliance
1 10 (4.59%) QA
2 7 (3.21%) Dodd-Frank
2 7 (3.21%) EMIR
2 7 (3.21%) MiFID
3 3 (1.38%) Data Quality
System Software
1 12 (5.50%) Docker
2 1 (0.46%) Active Directory
2 1 (0.46%) Hyper-V
2 1 (0.46%) Virtual Machines
Systems Management
1 5 (2.29%) ITRS Geneos
2 2 (0.92%) Ansible
2 2 (0.92%) Microsoft Clustering
3 1 (0.46%) HP ALM
3 1 (0.46%) Kubernetes
Vendors
1 41 (18.81%) ION Trading
2 18 (8.26%) TIBCO
3 16 (7.34%) Bloomberg
3 16 (7.34%) Tradeweb
4 14 (6.42%) MarketAxess
5 12 (5.50%) Solace
6 11 (5.05%) Cisco
7 7 (3.21%) Microsoft
8 5 (2.29%) Murex
9 3 (1.38%) Atlassian
10 2 (0.92%) Arista
10 2 (0.92%) BT
10 2 (0.92%) HP
10 2 (0.92%) IBM
10 2 (0.92%) Oracle
10 2 (0.92%) Radianz
10 2 (0.92%) Reuters
10 2 (0.92%) ServiceNow
10 2 (0.92%) Splunk
10 2 (0.92%) Sybase