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 9 February 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.

Location
3 months to
9 Feb 2016
Same period 2015 Same period 2014
ION Trading
Rank 143 178 195
Rank change year-on-year
+35 +17
Contract jobs citing ION Trading 7 14 10
As % of all contract IT jobs located in the City of London 0.22% 0.27% 0.17%
As % of the Vendors category 0.56% 0.62% 0.39%
Number of daily rates quoted 5 12 9
Average daily rate £625 £638 £625
Average daily rate % change year-on-year
-1.96% +2.00%
UK excluding London average daily rate £391 £350 £325
% change year-on-year
+11.71% +7.69%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
1241 2254 2562
As % of all contract IT jobs located in the City of London 39.43% 44.01% 43.06%
Number of daily rates quoted 919 1655 1791
Average daily rate £425 £424 £425
Average daily rate % change year-on-year
+0.35% -0.35%
90% offered a daily rate of more than £275 £250 £240
10% offered a daily rate of more than £600 £570 £625
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 13 45 57
Average hourly rate £24.00 £21.63 £19.35
Average hourly rate % change year-on-year
+10.98% +11.75%
90% offered a hourly rate of more than £15.00 £13.08 £13.99
10% offered a hourly rate of more than £30.00 £33.60 £31.10
UK excluding London average hourly rate £22.38 £17.50 £16.50
% change year-on-year
+27.85% +6.06%

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 9 February 2016.

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 9 February 2016, 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 (68.18%) Banking
1 15 (68.18%) Investment Banking
2 13 (59.09%) ION MarketView
3 12 (54.55%) Electronic Trading
4 9 (40.91%) Finance
4 9 (40.91%) Fixed Income
4 9 (40.91%) SQL
5 7 (31.82%) Java
5 7 (31.82%) Front Office
6 6 (27.27%) Agile Software Development
6 6 (27.27%) TDD
6 6 (27.27%) RMDS
6 6 (27.27%) Low Latency
6 6 (27.27%) Concurrent Programming
6 6 (27.27%) Multithreading
7 5 (22.73%) Derivative
7 5 (22.73%) Project Management
8 4 (18.18%) Linux
8 4 (18.18%) Back Office
8 4 (18.18%) Risk Management
8 4 (18.18%) Murex
9 3 (13.64%) Foreign Exchange (FX)
9 3 (13.64%) ITIL
9 3 (13.64%) Unix
10 2 (9.09%) Python
10 2 (9.09%) Remedy
10 2 (9.09%) Service Delivery
10 2 (9.09%) Firewall
10 2 (9.09%) Windows
10 2 (9.09%) TIBCO

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

For the 6 months to 9 February 2016, 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.

Business Applications
1 13 (59.09%) ION MarketView
2 6 (27.27%) RMDS
Communications & Networking
1 2 (9.09%) Firewall
1 2 (9.09%) Multicast
Database & Business Intelligence
1 1 (4.55%) MySQL
Development Applications
1 2 (9.09%) JIRA
General
1 15 (68.18%) Banking
1 15 (68.18%) Investment Banking
2 9 (40.91%) Finance
3 7 (31.82%) Front Office
4 4 (18.18%) Back Office
5 2 (9.09%) Spanish Language
Job Titles
1 7 (31.82%) Developer
2 6 (27.27%) Java Developer
2 6 (27.27%) Senior Developer
2 6 (27.27%) Senior Java Developer
3 5 (22.73%) Analyst
4 4 (18.18%) Applications Support
5 3 (13.64%) Business Analyst
5 3 (13.64%) Support Analyst
6 2 (9.09%) Applications Engineer
6 2 (9.09%) Banking Business Analyst
7 1 (4.55%) Applications Support Analyst
7 1 (4.55%) Business Data Analyst
7 1 (4.55%) Data Analyst
7 1 (4.55%) Electronic Trading Support
7 1 (4.55%) Junior
7 1 (4.55%) Junior Analyst
7 1 (4.55%) Junior Applications Support
7 1 (4.55%) Junior Support Analyst
7 1 (4.55%) Linux Engineer
7 1 (4.55%) Senior Applications Engineer
Libraries, Frameworks & Software Standards
1 2 (9.09%) Rendezvous
2 1 (4.55%) FpML
Miscellaneous
1 9 (40.91%) Fixed Income
2 5 (22.73%) Derivative
3 3 (13.64%) Foreign Exchange (FX)
4 2 (9.09%) Equities
Operating Systems
1 4 (18.18%) Linux
2 3 (13.64%) Unix
3 2 (9.09%) Windows
Processes & Methodologies
1 12 (54.55%) Electronic Trading
2 6 (27.27%) Agile Software Development
2 6 (27.27%) Concurrent Programming
2 6 (27.27%) Low Latency
2 6 (27.27%) Multithreading
2 6 (27.27%) TDD
3 5 (22.73%) Project Management
4 4 (18.18%) Risk Management
5 3 (13.64%) ITIL
6 2 (9.09%) Problem Management
6 2 (9.09%) Service Delivery
7 1 (4.55%) Business Analysis
7 1 (4.55%) Data Analysis
7 1 (4.55%) Data Architecture
7 1 (4.55%) Data Modelling
7 1 (4.55%) DevOps
7 1 (4.55%) Logical Data Model
7 1 (4.55%) PRINCE2
7 1 (4.55%) System Testing
7 1 (4.55%) User Acceptance Testing
Programming Languages
1 9 (40.91%) SQL
2 7 (31.82%) Java
3 2 (9.09%) Python
4 1 (4.55%) C#
4 1 (4.55%) C++
4 1 (4.55%) Perl
4 1 (4.55%) PL/SQL
4 1 (4.55%) T-SQL
Qualifications
1 1 (4.55%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 1 (4.55%) QA
Systems Management
1 2 (9.09%) ITRS Geneos
Vendors
1 4 (18.18%) Murex
2 2 (9.09%) Remedy
2 2 (9.09%) Splunk
2 2 (9.09%) TIBCO
3 1 (4.55%) Bloomberg
3 1 (4.55%) Sybase