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 20 May 2013 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
20 May 2013
Same period 2012 Same period 2011
ION Trading
Rank 188 199 163
Rank change year-on-year
+11 -36
Contract jobs citing ION Trading 13 21 74
As % of all contract IT jobs located in the City of London 0.206% 0.269% 0.765%
As % of the Vendors category 0.455% 0.639% 1.830%
Number of daily rates quoted 11 17 46
Average daily rate £525 £525 £650
Average daily rate % change year-on-year
- -19.23%
90% offered a daily rate of more than £475 £465 £498
10% offered a daily rate of more than £625 £685 £750
UK excluding London average daily rate £388 £369 £310
% change year-on-year
+5.08% +18.95%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £16.00 - £35.00
All Vendors
City of London
Contract IT job ads with a match in the
Vendors category
2856 3284 4043
As % of all contract IT jobs located in the City of London 45.20% 42.05% 41.81%
Number of daily rates quoted 2018 2244 2789
Average daily rate £430 £425 £488
Average daily rate % change year-on-year
+1.17% -12.82%
90% offered a daily rate of more than £275 £288 £300
10% offered a daily rate of more than £575 £600 £650
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 103 99 125
Average hourly rate £23.75 £20.00 £21.45
Average hourly rate % change year-on-year
+18.75% -6.75%
90% offered a hourly rate of more than £12.00 £12.50 £13.54
10% offered a hourly rate of more than £135.00 £39.60 £41.85
UK excluding London average hourly rate £19.00 £19.00 £20.00
% change year-on-year
- -5.00%
ION Trading
London

ION Trading
Jobs Demand Trend

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.

City of London ION Trading Jobs Demand Trend

ION Trading
Daily Rate Trend

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.

City of London ION Trading Daily Rate Trend

ION Trading
Daily Rate Histogram

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 20 May 2013.

City of London ION Trading Daily Rate Histogram

ION Trading
Hourly Rate Trend

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.

City of London ION Trading Hourly Rate Trend

ION Trading
Top 30 Related IT Skills

For the 6 months to 20 May 2013, 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 24 (85.71%) ION MarketView
2 20 (71.43%) Fixed Income
3 18 (64.29%) Java
4 14 (50.00%) Bloomberg
5 11 (39.29%) Banking
6 10 (35.71%) Front Office
6 10 (35.71%) Sybase
6 10 (35.71%) Swing
7 9 (32.14%) UNIX
7 9 (32.14%) SQL
7 9 (32.14%) Finance
7 9 (32.14%) Foreign Exchange (FX)
7 9 (32.14%) RMDS
7 9 (32.14%) Investment Banking
7 9 (32.14%) Tradeweb
8 8 (28.57%) Multithreading
8 8 (28.57%) Electronic Trading
9 7 (25.00%) MarketAxess
9 7 (25.00%) Refactoring
9 7 (25.00%) Agile Software Development
9 7 (25.00%) TDD
9 7 (25.00%) eSpeed
9 7 (25.00%) Reuters
9 7 (25.00%) OO
9 7 (25.00%) MTS
10 4 (14.29%) E-Commerce
10 4 (14.29%) Fidessa
10 4 (14.29%) C++
11 3 (10.71%) PHP
11 3 (10.71%) Shell Script

ION Trading
Top Related IT Skills by Category

For the 6 months to 20 May 2013, 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 Development
1 10 (35.71%) Swing
2 3 (10.71%) XHTML
2 3 (10.71%) HTML
2 3 (10.71%) J2EE
2 3 (10.71%) SOAP
2 3 (10.71%) XML
2 3 (10.71%) Ajax
3 2 (7.143%) Web Services
4 1 (3.571%) Hibernate
4 1 (3.571%) Spring
Application Platforms
1 7 (25.00%) MTS
2 2 (7.143%) Apache
Applications
1 1 (3.571%) MS Office
1 1 (3.571%) MS Excel
Business Applications
1 24 (85.71%) ION MarketView
2 9 (32.14%) RMDS
3 3 (10.71%) Bloomberg TOMS
4 1 (3.571%) Endur
4 1 (3.571%) Summit
Communications & Networking
1 2 (7.143%) LAN
1 2 (7.143%) TCP/IP
2 1 (3.571%) SAN
2 1 (3.571%) NAS
Database & Business Intelligence
1 3 (10.71%) SQL Server
Development Applications
1 2 (7.143%) Oracle APEX
2 1 (3.571%) ClearCase
2 1 (3.571%) Subversion
2 1 (3.571%) JIRA
General
1 11 (39.29%) Banking
2 10 (35.71%) Front Office
3 9 (32.14%) Finance
3 9 (32.14%) Investment Banking
Job Titles
1 13 (46.43%) Developer
2 12 (42.86%) Java Developer
3 4 (14.29%) Analyst
3 4 (14.29%) Support Analyst
3 4 (14.29%) Support Specialist
4 3 (10.71%) Applications Support
4 3 (10.71%) Senior Developer
4 3 (10.71%) Senior Java Developer
5 2 (7.143%) Financial Business Analyst
5 2 (7.143%) Financial Analyst
5 2 (7.143%) C# Developer
5 2 (7.143%) Business Analyst
6 1 (3.571%) Applications Support Analyst
6 1 (3.571%) Summit Developer
6 1 (3.571%) Senior C# Developer
6 1 (3.571%) C++/C# Developer
6 1 (3.571%) Storage Specialist
6 1 (3.571%) C++ Developer
6 1 (3.571%) Configuration Manager
6 1 (3.571%) Release Manager
Miscellaneous
1 20 (71.43%) Fixed Income
2 9 (32.14%) Foreign Exchange (FX)
3 2 (7.143%) Management Information System
3 2 (7.143%) Computer Science
4 1 (3.571%) Replication
4 1 (3.571%) CLARiiON
Operating Systems
1 9 (32.14%) UNIX
2 3 (10.71%) Windows
2 3 (10.71%) Linux
Processes & Methodologies
1 8 (28.57%) Multithreading
1 8 (28.57%) Electronic Trading
2 7 (25.00%) Refactoring
2 7 (25.00%) OO
2 7 (25.00%) Agile Software Development
2 7 (25.00%) TDD
3 4 (14.29%) E-Commerce
4 3 (10.71%) Business Analysis
5 2 (7.143%) ITIL
5 2 (7.143%) PRINCE2
5 2 (7.143%) Configuration Management
6 1 (3.571%) Project Management
6 1 (3.571%) Matrix Management
6 1 (3.571%) Release Management
6 1 (3.571%) Waterfall
Programming Languages
1 18 (64.29%) Java
2 9 (32.14%) SQL
3 4 (14.29%) C++
4 3 (10.71%) PHP
4 3 (10.71%) Shell Script
4 3 (10.71%) JavaScript
4 3 (10.71%) C
4 3 (10.71%) C#
5 1 (3.571%) Perl
Qualifications
1 2 (7.143%) PMP
1 2 (7.143%) PMI Certification
Systems Management
1 1 (3.571%) Tivoli Storage Manager
1 1 (3.571%) NetBackup
Vendors
1 14 (50.00%) Bloomberg
2 10 (35.71%) Sybase
3 9 (32.14%) Tradeweb
4 7 (25.00%) MarketAxess
4 7 (25.00%) eSpeed
4 7 (25.00%) Reuters
5 4 (14.29%) Fidessa
6 3 (10.71%) Oracle
6 3 (10.71%) Sun
7 1 (3.571%) Murex
7 1 (3.571%) IBM
7 1 (3.571%) Microsoft
7 1 (3.571%) EMC
7 1 (3.571%) Brocade
7 1 (3.571%) Atlassian
7 1 (3.571%) OpenLink
City, London
FX, Fixed Income, Rates, ION, Marketview, Front office application support, Unix, Linux, Perl, Shell, Banking, SQL, Great opportunity to join a major investment banking client within their eFX...
Aston Carter
Rate: £450 - £500 per day
Posted: 14 May 2013