The first table below looks at the demand for ION MarketView skills in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited ION MarketView over the 3 months to 22 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Business Applications category for the City of London 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.

Location
3 months to
22 May 2013
Same period 2012 Same period 2011
ION Trading MarketView
Rank 194 202 193
Rank change year-on-year
+8 -9
Contract jobs citing ION MarketView 11 13 48
As % of all contract IT jobs located in the City of London 0.171% 0.163% 0.497%
As % of the Business Applications category 2.140% 2.347% 6.575%
Number of daily rates quoted 10 11 37
Average daily rate £550 £475 £625
Average daily rate % change year-on-year
+15.78% -24.00%
90% offered a daily rate of more than £475 £450 £523
10% offered a daily rate of more than £628 £675 £750
UK excluding London average daily rate £425 - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Business Applications
City of London
Contract IT job ads with a match in the
Business Applications category
514 554 730
As % of all contract IT jobs located in the City of London 7.995% 6.943% 7.553%
Number of daily rates quoted 363 380 519
Average daily rate £450 £450 £525
Average daily rate % change year-on-year
- -14.28%
90% offered a daily rate of more than £350 £300 £350
10% offered a daily rate of more than £600 £650 £650
UK excluding London average daily rate £425 £433 £420
% change year-on-year
-1.73% +2.97%
Number of hourly rates quoted 8 4 2
Average hourly rate £32.58 £50.00 £34.25
Average hourly rate % change year-on-year
-34.84% +45.98%
90% offered a hourly rate of more than £12.00 £14.75 £19.65
10% offered a hourly rate of more than £39.51 £56.25 £48.85
UK excluding London average hourly rate £37.80 £22.50 £25.00
% change year-on-year
+68.00% -10.00%
ION MarketView
London

ION MarketView
Jobs Demand Trend

This chart provides a 3-month moving total of IT contractor jobs citing ION MarketView across the City of London region as a proportion of the total demand within the Business Applications category.

City of London ION MarketView Jobs Demand Trend

ION MarketView
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing ION MarketView across the City of London region.

City of London ION MarketView Daily Rate Trend

ION MarketView
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing ION MarketView across the City of London region over the 3 months to 22 May 2013.

City of London ION MarketView Daily Rate Histogram

ION MarketView
Top 30 Related IT Skills

For the 6 months to 22 May 2013, IT contractor jobs across the City of London region citing ION MarketView 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 MarketView.

1 24 (100.00%) ION Trading
2 19 (79.17%) Fixed Income
3 17 (70.83%) Java
4 13 (54.17%) Bloomberg
5 11 (45.83%) Banking
6 10 (41.67%) Front Office
6 10 (41.67%) Swing
6 10 (41.67%) Sybase
7 9 (37.50%) Foreign Exchange (FX)
7 9 (37.50%) Finance
7 9 (37.50%) RMDS
7 9 (37.50%) Investment Banking
7 9 (37.50%) Tradeweb
8 8 (33.33%) Multithreading
8 8 (33.33%) Electronic Trading
8 8 (33.33%) UNIX
8 8 (33.33%) SQL
9 7 (29.17%) eSpeed
9 7 (29.17%) Reuters
9 7 (29.17%) MTS
9 7 (29.17%) OO
9 7 (29.17%) Refactoring
9 7 (29.17%) MarketAxess
9 7 (29.17%) Agile Software Development
9 7 (29.17%) TDD
10 4 (16.67%) E-Commerce
11 3 (12.50%) XHTML
11 3 (12.50%) PHP
11 3 (12.50%) Shell Script
11 3 (12.50%) Fidessa

ION MarketView
Top Related IT Skills by Category

For the 6 months to 22 May 2013, IT contractor jobs across the City of London region citing ION MarketView 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 MarketView. Up to 20 skills are shown per category.

Application Development
1 10 (41.67%) Swing
2 3 (12.50%) XHTML
2 3 (12.50%) J2EE
2 3 (12.50%) HTML
2 3 (12.50%) XML
2 3 (12.50%) SOAP
2 3 (12.50%) Ajax
3 2 (8.333%) Web Services
4 1 (4.167%) Hibernate
4 1 (4.167%) Spring
Application Platforms
1 7 (29.17%) MTS
2 2 (8.333%) Apache
Business Applications
1 9 (37.50%) RMDS
2 3 (12.50%) Bloomberg TOMS
Communications & Networking
1 2 (8.333%) LAN
1 2 (8.333%) TCP/IP
Database & Business Intelligence
1 3 (12.50%) SQL Server
Development Applications
1 2 (8.333%) Oracle APEX
General
1 11 (45.83%) Banking
2 10 (41.67%) Front Office
3 9 (37.50%) Finance
3 9 (37.50%) Investment Banking
Job Titles
1 12 (50.00%) Java Developer
1 12 (50.00%) Developer
2 4 (16.67%) Analyst
2 4 (16.67%) Support Analyst
2 4 (16.67%) Support Specialist
3 3 (12.50%) Senior Developer
3 3 (12.50%) Senior Java Developer
4 2 (8.333%) Financial Analyst
4 2 (8.333%) Financial Business Analyst
4 2 (8.333%) Applications Support
4 2 (8.333%) Business Analyst
5 1 (4.167%) C# Developer
5 1 (4.167%) Applications Support Analyst
5 1 (4.167%) Senior C# Developer
Miscellaneous
1 19 (79.17%) Fixed Income
2 9 (37.50%) Foreign Exchange (FX)
3 2 (8.333%) Computer Science
Operating Systems
1 8 (33.33%) UNIX
2 3 (12.50%) Windows
2 3 (12.50%) Linux
Processes & Methodologies
1 8 (33.33%) Multithreading
1 8 (33.33%) Electronic Trading
2 7 (29.17%) OO
2 7 (29.17%) Refactoring
2 7 (29.17%) Agile Software Development
2 7 (29.17%) TDD
3 4 (16.67%) E-Commerce
4 3 (12.50%) Business Analysis
5 2 (8.333%) ITIL
5 2 (8.333%) PRINCE2
Programming Languages
1 17 (70.83%) Java
2 8 (33.33%) SQL
3 3 (12.50%) PHP
3 3 (12.50%) Shell Script
3 3 (12.50%) C
3 3 (12.50%) C++
3 3 (12.50%) JavaScript
4 2 (8.333%) C#
5 1 (4.167%) Perl
Qualifications
1 2 (8.333%) PMP
1 2 (8.333%) PMI Certification
Vendors
1 24 (100.00%) ION Trading
2 13 (54.17%) Bloomberg
3 10 (41.67%) Sybase
4 9 (37.50%) Tradeweb
5 7 (29.17%) eSpeed
5 7 (29.17%) Reuters
5 7 (29.17%) MarketAxess
6 3 (12.50%) Fidessa
6 3 (12.50%) Oracle
7 2 (8.333%) Sun