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 29 July 2014 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
29 Jul 2014
Same period 2013 Same period 2012
ION Trading MarketView
Rank 190 206 197
Rank change year-on-year
+16 -9
Contract jobs citing ION MarketView 5 13 22
As % of all contract IT jobs located in the City of London 0.086% 0.18% 0.28%
As % of the Business Applications category 0.98% 2.13% 3.31%
Number of daily rates quoted 5 10 16
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£575 £525 £503
Average daily rate % change year-on-year
+9.52% +4.47%
90% offered a daily rate of more than £500 £475 £475
10% offered a daily rate of more than £605 £580 £625
UK excluding London average daily rate - £450 £600
% change year-on-year
- -25.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Business Applications Category
City of London
Contract IT job ads with a match in the
Business Applications category
508 610 664
As % of all contract IT jobs located in the City of London 8.72% 8.58% 8.48%
Number of daily rates quoted 344 432 483
Average daily rate £475 £450 £475
Average daily rate % change year-on-year
+5.55% -5.26%
90% offered a daily rate of more than £300 £325 £350
10% offered a daily rate of more than £600 £625 £643
UK excluding London average daily rate £425 £413 £438
% change year-on-year
+3.03% -5.71%
Number of hourly rates quoted 4 12 6
Average hourly rate £32.03 £19.00 £48.00
Average hourly rate % change year-on-year
+68.57% -60.41%
90% offered a hourly rate of more than £23.87 £13.00 £41.05
10% offered a hourly rate of more than £32.82 £39.51 £62.95
UK excluding London average hourly rate £31.50 £20.00 £32.50
% change year-on-year
+57.50% -38.46%
ION MarketView
London

ION MarketView
Jobs Demand Trend in the City of London

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.

ION MarketView Jobs Demand Trend in the City of London

ION MarketView
Daily Rate Trend in the City of London

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.

ION MarketView Daily Rate Trend in the City of London

ION MarketView
Top 30 Related IT Skills in the City of London

For the 6 months to 29 July 2014, 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 17 (100.00%) ION Trading
2 15 (88.24%) Java
3 11 (64.71%) UNIX
4 10 (58.82%) Bloomberg
4 10 (58.82%) Front Office
4 10 (58.82%) Fixed Income
5 7 (41.18%) Finance
5 7 (41.18%) Banking
5 7 (41.18%) Financial Institution
6 6 (35.29%) Risk Management
6 6 (35.29%) OO
6 6 (35.29%) OOD
6 6 (35.29%) UML
6 6 (35.29%) .NET
6 6 (35.29%) RMDS
6 6 (35.29%) Investment Banking
6 6 (35.29%) Multithreading
7 5 (29.41%) Low Latency
7 5 (29.41%) TIBCO
7 5 (29.41%) Rendezvous
8 4 (23.53%) Agile Software Development
8 4 (23.53%) TDD
8 4 (23.53%) MarketAxess
8 4 (23.53%) Automated Testing
9 3 (17.65%) Continuous Integration
9 3 (17.65%) BDD
10 2 (11.76%) Team Foundation Server
10 2 (11.76%) User Acceptance Testing
10 2 (11.76%) Linux
10 2 (11.76%) Reuters

ION MarketView
Top Related IT Skills in the City of London by Category

For the 6 months to 29 July 2014, 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.

Business Applications
1 6 (35.29%) RMDS
Database & Business Intelligence
1 2 (11.76%) SQL Server
Development Applications
1 2 (11.76%) JUnit
1 2 (11.76%) Team Foundation Server
2 1 (5.88%) QuickTest Pro
General
1 10 (58.82%) Front Office
2 7 (41.18%) Finance
2 7 (41.18%) Banking
2 7 (41.18%) Financial Institution
3 6 (35.29%) Investment Banking
Job Titles
1 4 (23.53%) Developer
1 4 (23.53%) Java Developer
2 2 (11.76%) Analyst
2 2 (11.76%) Test Analyst
3 1 (5.88%) Systems Analyst
3 1 (5.88%) Senior Developer
3 1 (5.88%) Senior Software Engineer
3 1 (5.88%) Systems Test Analyst
3 1 (5.88%) Senior Java Developer
3 1 (5.88%) Tester
3 1 (5.88%) Software Engineer
Libraries, Frameworks & Software Standards
1 6 (35.29%) .NET
2 5 (29.41%) Rendezvous
Miscellaneous
1 10 (58.82%) Fixed Income
Operating Systems
1 11 (64.71%) UNIX
2 2 (11.76%) Linux
3 1 (5.88%) Windows Server 2012
3 1 (5.88%) Windows
Processes & Methodologies
1 6 (35.29%) OO
1 6 (35.29%) OOD
1 6 (35.29%) Risk Management
1 6 (35.29%) UML
1 6 (35.29%) Multithreading
2 5 (29.41%) Low Latency
3 4 (23.53%) Agile Software Development
3 4 (23.53%) TDD
3 4 (23.53%) Automated Testing
4 3 (17.65%) BDD
4 3 (17.65%) Continuous Integration
5 2 (11.76%) User Acceptance Testing
6 1 (5.88%) OOA/OOD
6 1 (5.88%) Electronic Trading
6 1 (5.88%) System Testing
6 1 (5.88%) Software Engineering
6 1 (5.88%) Workflow
Programming Languages
1 15 (88.24%) Java
Qualifications
1 1 (5.88%) Degree
Systems Management
1 1 (5.88%) HP Quality Center
Vendors
1 17 (100.00%) ION Trading
2 10 (58.82%) Bloomberg
3 5 (29.41%) TIBCO
4 4 (23.53%) MarketAxess
5 2 (11.76%) Reuters
5 2 (11.76%) Oracle
6 1 (5.88%) Microsoft