The first table below looks at the demand for knowledge and experience of ION Trading products and/or services in IT contracts advertised for the Canary Wharf region. Included is a guide to the average contractor rates offered in IT contracts that have cited ION Trading over the 3 months to 16 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Vendors for the Canary Wharf region.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within ION Trading.

Location
3 months to
16 Apr 2014
Same period 2013 Same period 2012
ION Trading
Rank 24 - 43
Rank change year-on-year
- 0
Contract jobs citing ION Trading 1 0 8
As % of all contract IT jobs located in Canary Wharf 0.63% - 2.00%
As % of the Vendors category 1.85% - 4.02%
Number of daily rates quoted 1 0 7
Average daily rate £300 - £600
UK excluding London average daily rate £238 £369 £413
% change year-on-year
-35.59% -10.60%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £11.00 - -
Vendors Category
Canary Wharf
Contract IT job ads with a match in the
Vendors category
54 150 199
As % of all contract IT jobs located in Canary Wharf 34.18% 40.98% 49.75%
Number of daily rates quoted 32 125 133
Average daily rate £525 £572 £550
Average daily rate % change year-on-year
-8.21% +4.00%
90% offered a daily rate of more than £250 £275 £309
10% offered a daily rate of more than £700 £675 £634
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 4 2 1
Average hourly rate £25.50 £30.00 £35.00
Average hourly rate % change year-on-year
-15.00% -14.28%
UK excluding London average hourly rate £17.50 £19.00 £20.00
% change year-on-year
-7.89% -5.00%
ION Trading
London

ION Trading
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing ION Trading across the Canary Wharf region as a proportion of the total demand within the Vendors category.

ION Trading Jobs Demand Trend in Canary Wharf

ION Trading
Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing ION Trading across the Canary Wharf region.

ION Trading Daily Rate Trend in Canary Wharf

ION Trading
Top 20 Related IT Skills in Canary Wharf

For the 6 months to 16 April 2014, IT contractor jobs across the Canary Wharf region citing ION Trading also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited ION Trading.

1 1 (50.00%) Perl
1 1 (50.00%) SQL
1 1 (50.00%) Sybase
1 1 (50.00%) DB2
1 1 (50.00%) ITIL
1 1 (50.00%) UNIX
1 1 (50.00%) Windows
1 1 (50.00%) Linux
1 1 (50.00%) Python
1 1 (50.00%) Bloomberg
1 1 (50.00%) GAP Analysis
1 1 (50.00%) Front Office
1 1 (50.00%) Fixed Income
1 1 (50.00%) Equities
1 1 (50.00%) Banking
1 1 (50.00%) Investment Banking
1 1 (50.00%) Ruby
1 1 (50.00%) Incident Management
1 1 (50.00%) Derivative
1 1 (50.00%) Interest Rate Derivative

ION Trading
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 16 April 2014, IT contractor jobs across the Canary Wharf region citing ION Trading also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited ION Trading. Up to 20 skills are shown per category.

Database & Business Intelligence
1 1 (50.00%) DB2
General
1 1 (50.00%) Front Office
1 1 (50.00%) Banking
1 1 (50.00%) Investment Banking
Job Titles
1 1 (50.00%) Service Manager
1 1 (50.00%) Applications Manager
1 1 (50.00%) Production Manager
Miscellaneous
1 1 (50.00%) Fixed Income
1 1 (50.00%) Equities
1 1 (50.00%) Derivative
1 1 (50.00%) Interest Rate Derivative
Operating Systems
1 1 (50.00%) UNIX
1 1 (50.00%) Windows
1 1 (50.00%) Linux
Processes & Methodologies
1 1 (50.00%) ITIL
1 1 (50.00%) GAP Analysis
1 1 (50.00%) Incident Management
Programming Languages
1 1 (50.00%) Perl
1 1 (50.00%) SQL
1 1 (50.00%) Python
1 1 (50.00%) Ruby
Vendors
1 1 (50.00%) Sybase
1 1 (50.00%) Bloomberg