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 2 May 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
2 May 2016
Same period 2015 Same period 2014
ION Trading
Rank 153 182 192
Rank change year-on-year
+29 +10
Contract jobs citing ION Trading 13 19 24
As % of all contract IT jobs located in the City of London 0.37% 0.34% 0.38%
As % of the Vendors category 0.94% 0.82% 0.86%
Number of daily rates quoted 12 18 23
Median daily rate £588 £628 £625
Median daily rate % change year-on-year
-6.37% +0.40%
90% offered a daily rate of more than £550 £368 £525
10% offered a daily rate of more than £638 £698 £675
UK excluding London median daily rate £375 £325 £238
% change year-on-year
+15.38% +36.84%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £11.00
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
1389 2327 2790
As % of all contract IT jobs located in the City of London 39.77% 41.55% 44.05%
Number of daily rates quoted 1065 1710 1960
Median daily rate £450 £425 £425
Median daily rate % change year-on-year
+5.88% -
90% offered a daily rate of more than £300 £250 £240
10% offered a daily rate of more than £600 £600 £608
UK excluding London median daily rate £380 £375 £350
% change year-on-year
+1.33% +7.14%
Number of hourly rates quoted 18 53 52
Median hourly rate £19.00 £17.50 £22.00
Median hourly rate % change year-on-year
+8.57% -20.45%
90% offered a hourly rate of more than £15.00 £12.50 £13.00
10% offered a hourly rate of more than £30.00 £25.00 £31.28
UK excluding London median hourly rate £20.00 £18.00 £17.50
% change year-on-year
+11.11% +2.85%

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 2 May 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 2 May 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 17 (70.83%) Banking
2 15 (62.50%) Fixed Income
3 14 (58.33%) Investment Banking
4 12 (50.00%) Electronic Trading
4 12 (50.00%) ION MarketView
5 9 (37.50%) Derivative
5 9 (37.50%) SQL
5 9 (37.50%) Front Office
6 8 (33.33%) Java
7 7 (29.17%) Finance
8 6 (25.00%) Project Management
9 5 (20.83%) Back Office
9 5 (20.83%) Low Latency
10 4 (16.67%) Agile Software Development
10 4 (16.67%) TDD
10 4 (16.67%) Unix
11 3 (12.50%) Bloomberg
11 3 (12.50%) Linux
11 3 (12.50%) RMDS
11 3 (12.50%) MiFID
11 3 (12.50%) Concurrent Programming
11 3 (12.50%) Multithreading
12 2 (8.33%) Process Improvement
12 2 (8.33%) Spring Integration
12 2 (8.33%) Straight-Through Processing
12 2 (8.33%) EMIR
12 2 (8.33%) FIX Protocol
12 2 (8.33%) System Testing
12 2 (8.33%) Bloomberg TOMS
12 2 (8.33%) Spring

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 2 (8.33%) Spreadsheet
Business Applications
1 12 (50.00%) ION MarketView
2 3 (12.50%) RMDS
3 2 (8.33%) Bloomberg TOMS
Database & Business Intelligence
1 1 (4.17%) SQL Server
General
1 17 (70.83%) Banking
2 14 (58.33%) Investment Banking
3 9 (37.50%) Front Office
4 7 (29.17%) Finance
5 5 (20.83%) Back Office
Job Titles
1 7 (29.17%) Developer
2 6 (25.00%) Analyst
2 6 (25.00%) Business Analyst
3 5 (20.83%) Java Developer
4 3 (12.50%) Banking Business Analyst
4 3 (12.50%) Electronic Trading Business Analyst
4 3 (12.50%) Front Office Developer
4 3 (12.50%) Project Manager
4 3 (12.50%) Senior Developer
4 3 (12.50%) Senior Java Developer
5 2 (8.33%) Consultant
5 2 (8.33%) Electronic Trading Project Manager
5 2 (8.33%) Functional Business Analyst
5 2 (8.33%) IT Manager
5 2 (8.33%) IT Project Manager
5 2 (8.33%) Lead Developer
5 2 (8.33%) Lead Java Developer
6 1 (4.17%) Banking Analyst
6 1 (4.17%) C# Developer
6 1 (4.17%) Data Analyst
Libraries, Frameworks & Software Standards
1 2 (8.33%) FIX Protocol
1 2 (8.33%) Spring
1 2 (8.33%) Spring Integration
2 1 (4.17%) .NET
2 1 (4.17%) FpML
2 1 (4.17%) Rendezvous
2 1 (4.17%) WPF
Miscellaneous
1 15 (62.50%) Fixed Income
2 9 (37.50%) Derivative
3 2 (8.33%) Credit Derivative
4 1 (4.17%) User Experience
Operating Systems
1 4 (16.67%) Unix
2 3 (12.50%) Linux
3 2 (8.33%) Windows
Processes & Methodologies
1 12 (50.00%) Electronic Trading
2 6 (25.00%) Project Management
3 5 (20.83%) Low Latency
4 4 (16.67%) Agile Software Development
4 4 (16.67%) TDD
5 3 (12.50%) Concurrent Programming
5 3 (12.50%) Multithreading
6 2 (8.33%) Process Improvement
6 2 (8.33%) Straight-Through Processing
6 2 (8.33%) System Testing
6 2 (8.33%) User Acceptance Testing
6 2 (8.33%) Workflow
7 1 (4.17%) Business Analysis
7 1 (4.17%) Data Analysis
7 1 (4.17%) Data Architecture
7 1 (4.17%) Data Modelling
7 1 (4.17%) Logical Data Model
7 1 (4.17%) MVVM
7 1 (4.17%) PRINCE2
7 1 (4.17%) Risk Management
Programming Languages
1 9 (37.50%) SQL
2 8 (33.33%) Java
3 2 (8.33%) C#
4 1 (4.17%) C++
4 1 (4.17%) Perl
4 1 (4.17%) PL/SQL
4 1 (4.17%) T-SQL
4 1 (4.17%) XAML
Qualifications
1 1 (4.17%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 3 (12.50%) MiFID
2 2 (8.33%) EMIR
3 1 (4.17%) QA
Vendors
1 3 (12.50%) Bloomberg
2 1 (4.17%) Murex
2 1 (4.17%) Oracle
2 1 (4.17%) SunGard
2 1 (4.17%) Sybase
2 1 (4.17%) TIBCO