The table below looks at the statistics for knowledge and experience of ION Trading products and/or services 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 Trading over the 3 months to 26 May 2015 with a comparison to the same period in the previous 2 years.

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
26 May 2015
Same period 2014 Same period 2013
ION Trading
Rank 191 185 194
Rank change year-on-year
-6 +9
Contract jobs citing ION Trading 8 17 11
As % of all contract IT jobs located in the City of London 0.15% 0.28% 0.17%
As % of the Vendors category 0.34% 0.64% 0.38%
Number of daily rates quoted 7 16 9
Average daily rate
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£550 £625 £501
Average daily rate % change year-on-year
-12.00% +24.87%
90% offered a daily rate of more than £420 £513 £459
10% offered a daily rate of more than £645 £675 £625
UK excluding London average daily rate £325 £234 £388
% change year-on-year
+39.03% -39.67%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £11.00 £16.00
% change year-on-year
- -31.25%
ION Trading
London

The following table is for comparison with the above and provides statistics for the entire Vendors category in contract jobs advertised in the City of London region.

Vendors Category
City of London
Contract IT job ads with a match in the
Vendors category
2340 2647 2859
As % of all contract IT jobs located in the City of London 42.95% 44.37% 45.01%
Number of daily rates quoted 1733 1861 2015
Average daily rate £425 £425 £430
Average daily rate % change year-on-year
- -1.16%
90% offered a daily rate of more than £260 £260 £275
10% offered a daily rate of more than £588 £600 £575
UK excluding London average daily rate £368 £350 £350
% change year-on-year
+5.21% -
Number of hourly rates quoted 60 42 102
Average hourly rate £17.98 £21.00 £22.50
Average hourly rate % change year-on-year
-14.38% -6.66%
90% offered a hourly rate of more than £12.50 £12.50 £11.60
10% offered a hourly rate of more than £26.65 £27.50 £104.00
UK excluding London average hourly rate £18.00 £17.50 £19.00
% change year-on-year
+2.85% -7.89%

ION Trading
Jobs Demand Trend in the City of London

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

ION Trading Jobs Demand Trend in the City of London

ION Trading
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 Trading across the City of London region.

ION Trading Daily Rate Trend in the City of London

ION Trading
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing ION Trading across the City of London region over the 3 months to 26 May 2015.

ION Trading Daily Rate Histogram in the City of London

ION Trading
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing ION Trading across the City of London region.

ION Trading Hourly Rate Trend in the City of London

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

For the 6 months to 26 May 2015, IT contractor jobs across the City of London 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 15 (55.56%) Fixed Income
1 15 (55.56%) ION MarketView
2 12 (44.44%) Banking
2 12 (44.44%) Java
3 11 (40.74%) Finance
4 10 (37.04%) Electronic Trading
5 9 (33.33%) Low Latency
5 9 (33.33%) Investment Banking
6 8 (29.63%) Front Office
7 7 (25.93%) C++
8 6 (22.22%) RMDS
9 5 (18.52%) Agile Software Development
9 5 (18.52%) Bloomberg
9 5 (18.52%) Foreign Exchange (FX)
10 4 (14.81%) Fidessa
10 4 (14.81%) E-Commerce
10 4 (14.81%) UNIX
10 4 (14.81%) Solaris
10 4 (14.81%) Linux
10 4 (14.81%) TDD
10 4 (14.81%) FIX Protocol
10 4 (14.81%) Algorithmic Trading
11 3 (11.11%) Multithreading
11 3 (11.11%) ITRS Geneos
11 3 (11.11%) Concurrent Programming
11 3 (11.11%) Data Centre
11 3 (11.11%) Equities
11 3 (11.11%) Derivative
11 3 (11.11%) Marketing
11 3 (11.11%) SCADA

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

For the 6 months to 26 May 2015, IT contractor jobs across the City of London 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.

Application Platforms
1 1 (3.70%) MTS
Applications
1 1 (3.70%) MS Office
Business Applications
1 15 (55.56%) ION MarketView
2 6 (22.22%) RMDS
3 2 (7.41%) Bloomberg TOMS
Communications & Networking
1 2 (7.41%) Firewall
Database & Business Intelligence
1 2 (7.41%) SQL Server
2 1 (3.70%) OLAP
2 1 (3.70%) SQL Server 2008
General
1 12 (44.44%) Banking
2 11 (40.74%) Finance
3 9 (33.33%) Investment Banking
4 8 (29.63%) Front Office
5 3 (11.11%) Marketing
6 2 (7.41%) Financial Institution
Job Titles
1 8 (29.63%) Developer
2 7 (25.93%) Java Developer
3 5 (18.52%) Applications Support
3 5 (18.52%) Analyst
4 3 (11.11%) Senior Developer
4 3 (11.11%) Support Analyst
4 3 (11.11%) Senior Java Developer
5 2 (7.41%) Consultant
5 2 (7.41%) Market Data Engineer
5 2 (7.41%) Infrastructure Engineer
6 1 (3.70%) Production Support Analyst
6 1 (3.70%) Project Manager
6 1 (3.70%) Business Analyst
6 1 (3.70%) Technical Support
6 1 (3.70%) Analyst Programmer
6 1 (3.70%) Programmer
6 1 (3.70%) Senior Applications Support Analyst
6 1 (3.70%) Banking Business Analyst
6 1 (3.70%) Senior Analyst
6 1 (3.70%) C# Developer
Libraries, Frameworks & Software Standards
1 4 (14.81%) FIX Protocol
2 1 (3.70%) WPF
2 1 (3.70%) Reactive Extensions
2 1 (3.70%) XML
2 1 (3.70%) XSD
2 1 (3.70%) XSLT
Miscellaneous
1 15 (55.56%) Fixed Income
2 5 (18.52%) Foreign Exchange (FX)
3 3 (11.11%) Equities
3 3 (11.11%) Derivative
3 3 (11.11%) SCADA
3 3 (11.11%) Data Centre
4 1 (3.70%) Credit Derivative
4 1 (3.70%) PMI
Operating Systems
1 4 (14.81%) UNIX
1 4 (14.81%) Solaris
1 4 (14.81%) Linux
Processes & Methodologies
1 10 (37.04%) Electronic Trading
2 9 (33.33%) Low Latency
3 5 (18.52%) Agile Software Development
4 4 (14.81%) TDD
4 4 (14.81%) Algorithmic Trading
4 4 (14.81%) E-Commerce
5 3 (11.11%) Multithreading
5 3 (11.11%) Concurrent Programming
6 2 (7.41%) Performance Analysis
6 2 (7.41%) Time Management
6 2 (7.41%) OO
6 2 (7.41%) Service Management
7 1 (3.70%) Business Continuity
7 1 (3.70%) PRINCE2
7 1 (3.70%) UML
7 1 (3.70%) Data Modelling
7 1 (3.70%) OOD
7 1 (3.70%) SOA
7 1 (3.70%) Project Management
7 1 (3.70%) Risk Analysis
Programming Languages
1 12 (44.44%) Java
2 7 (25.93%) C++
3 2 (7.41%) Perl
3 2 (7.41%) SQL
3 2 (7.41%) Shell Script
4 1 (3.70%) C#
Qualifications
1 1 (3.70%) PMI Certification
Systems Management
1 3 (11.11%) ITRS Geneos
Vendors
1 5 (18.52%) Bloomberg
2 4 (14.81%) Fidessa
3 2 (7.41%) Microsoft
3 2 (7.41%) Reuters
3 2 (7.41%) Radianz
4 1 (3.70%) Tradeweb
4 1 (3.70%) MarketAxess
4 1 (3.70%) TIBCO
City, London
McGregor Boyall
Rate: £650 per day
Posted: 4 days ago