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 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 18 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 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.

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
18 Apr 2014
Same period 2013 Same period 2012
ION Trading
Rank 182 184 211
Rank change year-on-year
+2 +27
Contract jobs citing ION Trading 28 13 13
As % of all contract IT jobs located in the City of London 0.43% 0.21% 0.16%
As % of the Vendors category 0.98% 0.47% 0.39%
Number of daily rates quoted 27 11 13
Average daily rate £625 £625 £600
Average daily rate % change year-on-year
- +4.16%
90% offered a daily rate of more than £525 £525 £550
10% offered a daily rate of more than £675 £650 £695
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
City of London
Contract IT job ads with a match in the
Vendors category
2854 2783 3309
As % of all contract IT jobs located in the City of London 44.22% 44.66% 40.92%
Number of daily rates quoted 2010 1965 2224
Average daily rate £425 £438 £425
Average daily rate % change year-on-year
-2.85% +2.94%
90% offered a daily rate of more than £240 £263 £280
10% offered a daily rate of more than £625 £600 £600
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 53 74 97
Average hourly rate £21.00 £22.00 £20.00
Average hourly rate % change year-on-year
-4.54% +10.00%
90% offered a hourly rate of more than £13.44 £12.50 £12.50
10% offered a hourly rate of more than £33.18 £135.00 £40.40
UK excluding London average hourly rate £17.50 £18.90 £20.00
% change year-on-year
-7.40% -5.50%
ION Trading
London

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 18 April 2014.

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 18 April 2014, 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 33 (86.84%) Front Office
2 32 (84.21%) Java
3 27 (71.05%) Fixed Income
4 22 (57.89%) ION MarketView
5 19 (50.00%) Multithreading
6 17 (44.74%) Bloomberg
7 15 (39.47%) UNIX
8 14 (36.84%) TIBCO
8 14 (36.84%) Banking
8 14 (36.84%) Low Latency
9 13 (34.21%) Finance
10 12 (31.58%) Microsoft
10 12 (31.58%) JUnit
10 12 (31.58%) SQL Server
11 11 (28.95%) C#
11 11 (28.95%) C++
11 11 (28.95%) TDD
11 11 (28.95%) Investment Banking
12 10 (26.32%) Spring
12 10 (26.32%) KDB
12 10 (26.32%) Sybase
12 10 (26.32%) VB
12 10 (26.32%) Mockito
12 10 (26.32%) Analytics
13 9 (23.68%) .NET
13 9 (23.68%) UML
13 9 (23.68%) OO
13 9 (23.68%) OOD
13 9 (23.68%) Risk Management
13 9 (23.68%) Financial Institution

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

For the 6 months to 18 April 2014, 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 2 (5.26%) TIBCO EMS
1 2 (5.26%) MTS
Applications
1 2 (5.26%) MS Excel
1 2 (5.26%) MS Office
Business Applications
1 22 (57.89%) ION MarketView
2 3 (7.89%) RMDS
3 2 (5.26%) SunGard Stream Clearvision
3 2 (5.26%) Rolfe and Nolan
Database & Business Intelligence
1 12 (31.58%) SQL Server
2 10 (26.32%) KDB
Development Applications
1 12 (31.58%) JUnit
2 10 (26.32%) Mockito
General
1 33 (86.84%) Front Office
2 14 (36.84%) Banking
3 13 (34.21%) Finance
4 11 (28.95%) Investment Banking
5 9 (23.68%) Financial Institution
6 2 (5.26%) International Banking
Job Titles
1 18 (47.37%) Developer
2 16 (42.11%) Java Developer
3 4 (10.53%) Senior Developer
3 4 (10.53%) Senior Java Developer
4 2 (5.26%) Applications Support
4 2 (5.26%) Analyst
5 1 (2.63%) Business Analyst
5 1 (2.63%) Software Engineer
5 1 (2.63%) Consultant
5 1 (2.63%) Support Analyst
5 1 (2.63%) Applications Support Analyst
5 1 (2.63%) Senior Software Engineer
5 1 (2.63%) Systems Developer
5 1 (2.63%) Banking Business Analyst
5 1 (2.63%) Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 10 (26.32%) Spring
2 9 (23.68%) .NET
3 6 (15.79%) Rendezvous
4 2 (5.26%) Middleware
Miscellaneous
1 27 (71.05%) Fixed Income
2 4 (10.53%) Derivative
3 2 (5.26%) Credit Derivative
3 2 (5.26%) Management Information System
Operating Systems
1 15 (39.47%) UNIX
2 2 (5.26%) Linux
3 1 (2.63%) Windows
Processes & Methodologies
1 19 (50.00%) Multithreading
2 14 (36.84%) Low Latency
3 11 (28.95%) TDD
4 10 (26.32%) Analytics
5 9 (23.68%) UML
5 9 (23.68%) OO
5 9 (23.68%) OOD
5 9 (23.68%) Risk Management
6 7 (18.42%) Electronic Trading
7 3 (7.89%) Agile Software Development
7 3 (7.89%) Software Engineering
8 2 (5.26%) Domain-Driven Design
8 2 (5.26%) Scrum
9 1 (2.63%) BDD
9 1 (2.63%) OOA/OOD
9 1 (2.63%) Continuous Integration
9 1 (2.63%) Business Analysis
9 1 (2.63%) Automated Testing
Programming Languages
1 32 (84.21%) Java
2 11 (28.95%) C#
2 11 (28.95%) C++
3 10 (26.32%) VB
4 1 (2.63%) SQL
Qualifications
1 2 (5.26%) Degree
Quality Assurance & Compliance
1 2 (5.26%) EMIR
Vendors
1 17 (44.74%) Bloomberg
2 14 (36.84%) TIBCO
3 12 (31.58%) Microsoft
4 10 (26.32%) Sybase
5 4 (10.53%) MarketAxess
6 2 (5.26%) Tradeweb
6 2 (5.26%) eSpeed
6 2 (5.26%) Reuters
6 2 (5.26%) Business Objects
6 2 (5.26%) Oracle
7 1 (2.63%) Remedy