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 22 January 2017 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
22 Jan 2017
Same period 2016 Same period 2015
ION Trading
London / City of London
Rank 143 138 173
Rank change year-on-year
-5 +35
Contract jobs citing ION Trading 10 11 21
As % of all contract IT jobs located in the City of London 0.35% 0.36% 0.41%
As % of the Vendors category 0.80% 0.89% 0.94%
Number of daily rates quoted 7 7 19
Median daily rate £575 £625 £613
Median daily rate % change year-on-year
-8.00% +2.04%
90% offered a daily rate of more than £515 £595 £480
10% offered a daily rate of more than £680 £700 £650
UK excluding London median daily rate £750 £425 £400
% change year-on-year
+76.47% +6.25%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
1243 1235 2223
As % of all contract IT jobs located in the City of London 42.95% 40.11% 43.66%
Number of daily rates quoted 928 901 1639
Median daily rate £450 £425 £425
Median daily rate % change year-on-year
+5.88% -
90% offered a daily rate of more than £313 £250 £250
10% offered a daily rate of more than £625 £600 £585
UK excluding London median daily rate £388 £375 £375
% change year-on-year
+3.46% -
Number of hourly rates quoted 15 17 51
Median hourly rate £40.50 £21.62 £18.70
Median hourly rate % change year-on-year
+87.36% +15.58%
90% offered a hourly rate of more than £13.00 £15.00 £13.33
10% offered a hourly rate of more than £55.00 £30.00 £28.35
UK excluding London median hourly rate £18.50 £22.50 £17.00
% change year-on-year
-17.77% +32.35%

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
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 22 January 2017.

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 22 January 2017, 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 10 (62.50%) Fixed Income
2 9 (56.25%) Foreign Exchange (FX)
3 7 (43.75%) Java
3 7 (43.75%) ION MarketView
4 6 (37.50%) Murex
4 6 (37.50%) Finance
4 6 (37.50%) Banking
5 5 (31.25%) Front Office
5 5 (31.25%) Linux
5 5 (31.25%) Electronic Trading
6 4 (25.00%) FIX Protocol
6 4 (25.00%) Project Management
6 4 (25.00%) Investment Banking
7 3 (18.75%) Computer Science
7 3 (18.75%) Shell Script
7 3 (18.75%) Calypso
7 3 (18.75%) .NET
7 3 (18.75%) API Development
8 2 (12.50%) Data Architecture
8 2 (12.50%) SQL
8 2 (12.50%) KDB
8 2 (12.50%) C
8 2 (12.50%) SharePoint
8 2 (12.50%) Bloomberg
8 2 (12.50%) Back Office
8 2 (12.50%) Summit
8 2 (12.50%) Derivative
8 2 (12.50%) JIRA
9 1 (6.25%) Ajax
9 1 (6.25%) RMDS

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:

Application Platforms
1 2 (12.50%) SharePoint
2 1 (6.25%) Apache
2 1 (6.25%) Confluence
Business Applications
1 7 (43.75%) ION MarketView
2 2 (12.50%) Summit
3 1 (6.25%) RMDS
Communications & Networking
1 1 (6.25%) LAN
1 1 (6.25%) TCP/IP
Database & Business Intelligence
1 2 (12.50%) KDB
2 1 (6.25%) Kdb+
Development Applications
1 2 (12.50%) JIRA
2 1 (6.25%) Oracle APEX
General
1 6 (37.50%) Banking
1 6 (37.50%) Finance
2 5 (31.25%) Front Office
3 4 (25.00%) Investment Banking
4 2 (12.50%) Back Office
5 1 (6.25%) French Language
Job Titles
1 8 (50.00%) Analyst
2 5 (31.25%) Business Analyst
2 5 (31.25%) Developer
2 5 (31.25%) Java Developer
3 3 (18.75%) Data Business Analyst
3 3 (18.75%) Electronic Trading Developer
3 3 (18.75%) Electronic Trading Java Developer
3 3 (18.75%) FX Support Analyst
3 3 (18.75%) Support Analyst
4 2 (12.50%) Murex Analyst
4 2 (12.50%) Murex Support
4 2 (12.50%) Murex Support Analyst
5 1 (6.25%) Defect Manager
5 1 (6.25%) E-Commerce Analyst
5 1 (6.25%) E-Commerce Business Analyst
5 1 (6.25%) Fixed Income Business Analyst
5 1 (6.25%) FX Business Analyst
5 1 (6.25%) MiFID Business Analyst
5 1 (6.25%) Senior E-Commerce Business Analyst
5 1 (6.25%) Testing Manager
Libraries, Frameworks & Software Standards
1 4 (25.00%) FIX Protocol
2 3 (18.75%) .NET
3 1 (6.25%) Ajax
3 1 (6.25%) HTML
3 1 (6.25%) SOAP
3 1 (6.25%) Web Services
3 1 (6.25%) XHTML
3 1 (6.25%) XML
Miscellaneous
1 10 (62.50%) Fixed Income
2 9 (56.25%) Foreign Exchange (FX)
3 3 (18.75%) Computer Science
4 2 (12.50%) Derivative
5 1 (6.25%) Analytical Skills
5 1 (6.25%) Equities
5 1 (6.25%) Robotics
Operating Systems
1 5 (31.25%) Linux
2 1 (6.25%) Unix
Processes & Methodologies
1 5 (31.25%) Electronic Trading
2 4 (25.00%) Project Management
3 3 (18.75%) API Development
4 2 (12.50%) Data Architecture
5 1 (6.25%) Agile Software Development
5 1 (6.25%) Algorithmic Trading
5 1 (6.25%) Business Analysis
5 1 (6.25%) Data Analysis
5 1 (6.25%) Data Mapping
5 1 (6.25%) Defect Management
5 1 (6.25%) E-Commerce
5 1 (6.25%) GAP Analysis
5 1 (6.25%) ITIL
5 1 (6.25%) ITIL V3
5 1 (6.25%) Logistics
5 1 (6.25%) PRINCE2
5 1 (6.25%) Stakeholder Management
Programming Languages
1 7 (43.75%) Java
2 3 (18.75%) Shell Script
3 2 (12.50%) C
3 2 (12.50%) SQL
4 1 (6.25%) C++
4 1 (6.25%) JavaScript
4 1 (6.25%) Perl
4 1 (6.25%) PHP
4 1 (6.25%) Python
Qualifications
1 1 (6.25%) PMP
Quality Assurance & Compliance
1 1 (6.25%) MiFID
Systems Management
1 1 (6.25%) HP Quality Center
1 1 (6.25%) ITRS Geneos
1 1 (6.25%) Thomson Reuters DACS
Vendors
1 6 (37.50%) Murex
2 3 (18.75%) Calypso
3 2 (12.50%) Bloomberg
4 1 (6.25%) Currenex
4 1 (6.25%) FXall
4 1 (6.25%) Oracle
4 1 (6.25%) Splunk
4 1 (6.25%) Sybase