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 contractor rates offered in IT contracts that have cited ION Trading over the 3 months to 24 June 2016 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.

3 months to
24 Jun 2016
Same period 2015 Same period 2014
ION Trading
Rank 161 192 191
Rank change year-on-year
+31 -1
Contract jobs citing ION Trading 4 11 16
As % of all contract IT jobs located in the City of London 0.12% 0.19% 0.27%
As % of the Vendors category 0.29% 0.44% 0.60%
Number of daily rates quoted 3 10 12
Median daily rate £600 £625 £600
Median daily rate % change year-on-year
-4.00% +4.16%
90% offered a daily rate of more than £560 £529 £500
10% offered a daily rate of more than £660 £653 £648
UK excluding London median daily rate £450 £325 £230
% change year-on-year
+38.46% +41.30%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
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
1366 2473 2656
As % of all contract IT jobs located in the City of London 40.39% 42.49% 44.16%
Number of daily rates quoted 1050 1844 1851
Median daily rate £450 £425 £425
Median daily rate % change year-on-year
+5.88% -
90% offered a daily rate of more than £275 £275 £245
10% offered a daily rate of more than £625 £600 £600
UK excluding London median daily rate £375 £361 £350
% change year-on-year
+3.89% +3.12%
Number of hourly rates quoted 17 67 40
Median hourly rate £19.00 £17.98 £20.00
Median hourly rate % change year-on-year
+5.67% -10.10%
90% offered a hourly rate of more than £12.50 £11.00 £12.50
10% offered a hourly rate of more than £26.00 £44.20 £30.00
UK excluding London median hourly rate £20.50 £18.50 £17.00
% change year-on-year
+10.81% +8.82%

ION Trading
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing ION Trading as a proportion of all IT contracts with a match in 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
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 24 June 2016, IT contractor jobs citing ION Trading also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for ION Trading.

1 14 (77.78%) Fixed Income
2 12 (66.67%) Banking
3 11 (61.11%) Electronic Trading
3 11 (61.11%) ION MarketView
4 9 (50.00%) Investment Banking
4 9 (50.00%) Front Office
5 7 (38.89%) Java
6 5 (27.78%) SQL
6 5 (27.78%) Project Management
6 5 (27.78%) Derivative
7 4 (22.22%) Bloomberg
7 4 (22.22%) Finance
7 4 (22.22%) Low Latency
8 3 (16.67%) Spreadsheet
8 3 (16.67%) Unix
8 3 (16.67%) Linux
8 3 (16.67%) Agile Software Development
8 3 (16.67%) TDD
8 3 (16.67%) MiFID
8 3 (16.67%) FIX Protocol
9 2 (11.11%) Spring
9 2 (11.11%) Multithreading
9 2 (11.11%) Bloomberg TOMS
9 2 (11.11%) Credit Derivative
9 2 (11.11%) RMDS
9 2 (11.11%) Windows
9 2 (11.11%) Workflow
9 2 (11.11%) Stakeholder Management
9 2 (11.11%) Concurrent Programming
9 2 (11.11%) Process Improvement

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

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 3 (16.67%) Spreadsheet
Business Applications
1 11 (61.11%) ION MarketView
2 2 (11.11%) Bloomberg TOMS
2 2 (11.11%) RMDS
Database & Business Intelligence
1 1 (5.56%) SQL Server
General
1 12 (66.67%) Banking
2 9 (50.00%) Front Office
2 9 (50.00%) Investment Banking
3 4 (22.22%) Finance
4 1 (5.56%) Back Office
Job Titles
1 6 (33.33%) Developer
2 5 (27.78%) Analyst
3 4 (22.22%) Java Developer
4 3 (16.67%) Business Analyst
4 3 (16.67%) Electronic Trading Business Analyst
4 3 (16.67%) Front Office Developer
4 3 (16.67%) Project Manager
5 2 (11.11%) Consultant
5 2 (11.11%) Electronic Trading Project Manager
5 2 (11.11%) IT Manager
5 2 (11.11%) IT Project Manager
5 2 (11.11%) Lead Developer
5 2 (11.11%) Lead Java Developer
5 2 (11.11%) Senior Developer
5 2 (11.11%) Senior Java Developer
6 1 (5.56%) Banking Business Analyst
6 1 (5.56%) Business Data Analyst
6 1 (5.56%) Excel Developer
6 1 (5.56%) Migration Project Manager
6 1 (5.56%) Pricing Analyst
Libraries, Frameworks & Software Standards
1 3 (16.67%) FIX Protocol
2 2 (11.11%) Spring
2 2 (11.11%) Spring Integration
3 1 (5.56%) .NET
3 1 (5.56%) FpML
3 1 (5.56%) Rendezvous
3 1 (5.56%) WPF
Miscellaneous
1 14 (77.78%) Fixed Income
2 5 (27.78%) Derivative
3 2 (11.11%) Credit Derivative
4 1 (5.56%) User Experience
Operating Systems
1 3 (16.67%) Linux
1 3 (16.67%) Unix
2 2 (11.11%) Windows
Processes & Methodologies
1 11 (61.11%) Electronic Trading
2 5 (27.78%) Project Management
3 4 (22.22%) Low Latency
4 3 (16.67%) Agile Software Development
4 3 (16.67%) TDD
5 2 (11.11%) Concurrent Programming
5 2 (11.11%) Multithreading
5 2 (11.11%) Process Improvement
5 2 (11.11%) Stakeholder Management
5 2 (11.11%) Straight-Through Processing
5 2 (11.11%) Workflow
6 1 (5.56%) Data Architecture
6 1 (5.56%) Data Modelling
6 1 (5.56%) Issue Tracking
6 1 (5.56%) Logical Data Model
6 1 (5.56%) MVVM
6 1 (5.56%) People Management
6 1 (5.56%) Risk Management
6 1 (5.56%) Translating Business Requirements
6 1 (5.56%) User Acceptance Testing
Programming Languages
1 7 (38.89%) Java
2 5 (27.78%) SQL
3 1 (5.56%) C#
3 1 (5.56%) XAML
Quality Assurance & Compliance
1 3 (16.67%) MiFID
2 2 (11.11%) EMIR
Vendors
1 4 (22.22%) Bloomberg
2 1 (5.56%) Murex
2 1 (5.56%) Oracle
2 1 (5.56%) Reuters
2 1 (5.56%) SunGard
2 1 (5.56%) TIBCO
City, London
Harvey Nash plc
Rate: £700 - £750 per day
Posted: 4 days ago
City, London
Harvey Nash plc
Rate: £600 - £650 per day
Posted: 4 days ago