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 24 December 2014 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
24 Dec 2014
Same period 2013 Same period 2012
ION Trading
Rank 172 185 188
Rank change year-on-year
+13 +3
Contract jobs citing ION Trading 24 17 12
As % of all contract IT jobs located in the City of London 0.43% 0.26% 0.20%
As % of the Vendors category 0.99% 0.58% 0.46%
Number of daily rates quoted 23 13 12
Average daily rate
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of your Daily Rate
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£613 £675 £625
Average daily rate % change year-on-year
-9.25% +8.00%
90% offered a daily rate of more than £360 £565 £525
10% offered a daily rate of more than £650 £700 £650
UK excluding London average daily rate - £248 £375
% change year-on-year
- -34.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £8.89
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
2420 2953 2584
As % of all contract IT jobs located in the City of London 43.29% 44.41% 43.09%
Number of daily rates quoted 1792 2108 1854
Average daily rate £420 £425 £425
Average daily rate % change year-on-year
-1.17% -
90% offered a daily rate of more than £240 £263 £250
10% offered a daily rate of more than £575 £613 £600
UK excluding London average daily rate £365 £350 £350
% change year-on-year
+4.28% -
Number of hourly rates quoted 62 73 79
Average hourly rate £17.87 £20.00 £21.00
Average hourly rate % change year-on-year
-10.67% -4.76%
90% offered a hourly rate of more than £11.93 £12.50 £14.19
10% offered a hourly rate of more than £22.78 £30.83 £45.00
UK excluding London average hourly rate £17.50 £17.00 £19.00
% change year-on-year
+2.94% -10.52%

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 24 December 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 24 December 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 31 (75.61%) Fixed Income
2 22 (53.66%) Java
3 21 (51.22%) ION MarketView
4 18 (43.90%) TDD
5 17 (41.46%) Front Office
6 14 (34.15%) TIBCO
6 14 (34.15%) UNIX
7 13 (31.71%) Sybase
7 13 (31.71%) RMDS
7 13 (31.71%) Low Latency
8 12 (29.27%) Multithreading
8 12 (29.27%) SQL Server
8 12 (29.27%) Finance
9 11 (26.83%) Agile Software Development
10 10 (24.39%) Banking
11 9 (21.95%) Electronic Trading
11 9 (21.95%) C#
11 9 (21.95%) C++
12 8 (19.51%) SQL
12 8 (19.51%) Windows
12 8 (19.51%) Microsoft
12 8 (19.51%) Bloomberg
12 8 (19.51%) Investment Banking
13 7 (17.07%) Automated Testing
13 7 (17.07%) Spring
13 7 (17.07%) KDB
13 7 (17.07%) Continuous Integration
13 7 (17.07%) Mockito
13 7 (17.07%) BDD
13 7 (17.07%) Analytics

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

For the 6 months to 24 December 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 1 (2.44%) Umbraco
Applications
1 2 (4.88%) MS Excel
Business Applications
1 21 (51.22%) ION MarketView
2 13 (31.71%) RMDS
3 4 (9.76%) Bloomberg TOMS
Communications & Networking
1 1 (2.44%) 3GPP
1 1 (2.44%) 3G
1 1 (2.44%) Firewall
Database & Business Intelligence
1 12 (29.27%) SQL Server
2 7 (17.07%) KDB
3 1 (2.44%) SQL Server 2008
3 1 (2.44%) OLAP
Development Applications
1 7 (17.07%) JUnit
1 7 (17.07%) Mockito
General
1 17 (41.46%) Front Office
2 12 (29.27%) Finance
3 10 (24.39%) Banking
4 8 (19.51%) Investment Banking
5 3 (7.32%) Advertising
6 2 (4.88%) Legal
6 2 (4.88%) Back Office
Job Titles
1 21 (51.22%) Developer
2 19 (46.34%) Java Developer
3 9 (21.95%) Analyst
4 8 (19.51%) Support Analyst
5 6 (14.63%) Applications Support
6 5 (12.20%) Java Swing Developer
7 4 (9.76%) Senior Java Developer
7 4 (9.76%) Senior Developer
7 4 (9.76%) Applications Support Analyst
8 2 (4.88%) Senior Support Analyst
8 2 (4.88%) Administrator
8 2 (4.88%) Senior Analyst
8 2 (4.88%) Technical Administrator
8 2 (4.88%) Senior Applications Support Analyst
8 2 (4.88%) Oracle Analyst
8 2 (4.88%) Oracle Support Analyst
8 2 (4.88%) Oracle Applications Support Analyst
8 2 (4.88%) Oracle Applications Support
9 1 (2.44%) GUI Developer
9 1 (2.44%) Project Manager
Libraries, Frameworks & Software Standards
1 7 (17.07%) Rendezvous
1 7 (17.07%) Spring
2 6 (14.63%) JavaFX
2 6 (14.63%) RESTful
2 6 (14.63%) HTML5
2 6 (14.63%) CSS
2 6 (14.63%) Web Services
2 6 (14.63%) HTML
2 6 (14.63%) Swing
3 1 (2.44%) .NET
3 1 (2.44%) XML
3 1 (2.44%) XSD
3 1 (2.44%) XSLT
Miscellaneous
1 31 (75.61%) Fixed Income
2 6 (14.63%) Foreign Exchange (FX)
2 6 (14.63%) Thin Client
2 6 (14.63%) Fat Client
3 3 (7.32%) Derivative
4 2 (4.88%) Hedge funds
5 1 (2.44%) Open Source
Operating Systems
1 14 (34.15%) UNIX
2 8 (19.51%) Windows
3 2 (4.88%) Solaris
3 2 (4.88%) Red Hat Enterprise Linux
Processes & Methodologies
1 18 (43.90%) TDD
2 13 (31.71%) Low Latency
3 12 (29.27%) Multithreading
4 11 (26.83%) Agile Software Development
5 9 (21.95%) Electronic Trading
6 7 (17.07%) BDD
6 7 (17.07%) Continuous Integration
6 7 (17.07%) Analytics
6 7 (17.07%) Automated Testing
7 3 (7.32%) Service Delivery
7 3 (7.32%) ITIL
7 3 (7.32%) UML
8 2 (4.88%) E-Commerce
8 2 (4.88%) Stakeholder Management
8 2 (4.88%) Asset Management
8 2 (4.88%) Business Analysis
9 1 (2.44%) Supplier Management
9 1 (2.44%) Algorithmic Trading
9 1 (2.44%) Data Modelling
9 1 (2.44%) OOD
Programming Languages
1 22 (53.66%) Java
2 9 (21.95%) C#
2 9 (21.95%) C++
3 8 (19.51%) SQL
4 7 (17.07%) VB
5 6 (14.63%) Shell Script
6 3 (7.32%) Perl
7 2 (4.88%) PL/SQL
7 2 (4.88%) Korn
7 2 (4.88%) Bash Shell
7 2 (4.88%) T-SQL
Qualifications
1 1 (2.44%) PRINCE2 Practitioner
Systems Management
1 2 (4.88%) Control-M
Vendors
1 14 (34.15%) TIBCO
2 13 (31.71%) Sybase
3 8 (19.51%) Microsoft
3 8 (19.51%) Bloomberg
4 6 (14.63%) Tradeweb
5 3 (7.32%) Citrix
6 2 (4.88%) eSpeed
6 2 (4.88%) MarketAxess
6 2 (4.88%) Oracle
7 1 (2.44%) Wall Street Systems
7 1 (2.44%) Reuters
7 1 (2.44%) Cisco