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 22 July 2014 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
22 Jul 2014
Same period 2013 Same period 2012
ION Trading
Rank 181 198 187
Rank change year-on-year
+17 -11
Contract jobs citing ION Trading 14 20 34
As % of all contract IT jobs located in the City of London 0.24% 0.28% 0.44%
As % of the Vendors category 0.55% 0.62% 1.02%
Number of daily rates quoted 8 14 25
Average daily rate
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of your Daily Rate
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£538 £525 £525
Average daily rate % change year-on-year
+2.38% -
90% offered a daily rate of more than £320 £475 £460
10% offered a daily rate of more than £633 £601 £675
UK excluding London average daily rate £230 £425 £400
% change year-on-year
-45.88% +6.25%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £16.00 -
Vendors Category
City of London
Contract IT job ads with a match in the
Vendors category
2538 3252 3348
As % of all contract IT jobs located in the City of London 44.32% 45.74% 42.87%
Number of daily rates quoted 1766 2274 2284
Average daily rate £425 £425 £425
90% offered a daily rate of more than £245 £275 £275
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 53 108 97
Average hourly rate £21.00 £22.25 £20.00
Average hourly rate % change year-on-year
-5.61% +11.25%
90% offered a hourly rate of more than £12.50 £12.00 £13.88
10% offered a hourly rate of more than £34.50 £50.70 £39.00
UK excluding London average hourly rate £17.50 £19.50 £19.00
% change year-on-year
-10.25% +2.63%
ION Trading
London

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 22 July 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 22 July 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 30 (73.17%) Java
1 30 (73.17%) Front Office
2 29 (70.73%) Fixed Income
3 19 (46.34%) Multithreading
3 19 (46.34%) ION MarketView
4 18 (43.90%) UNIX
4 18 (43.90%) TIBCO
4 18 (43.90%) Bloomberg
5 17 (41.46%) TDD
6 15 (36.59%) Banking
7 14 (34.15%) SQL Server
7 14 (34.15%) Sybase
7 14 (34.15%) JUnit
8 13 (31.71%) Microsoft
8 13 (31.71%) Investment Banking
8 13 (31.71%) Low Latency
9 12 (29.27%) C#
9 12 (29.27%) C++
9 12 (29.27%) Spring
9 12 (29.27%) KDB
9 12 (29.27%) Mockito
9 12 (29.27%) Analytics
10 11 (26.83%) Finance
11 10 (24.39%) VB
11 10 (24.39%) Rendezvous
12 9 (21.95%) Financial Institution
13 8 (19.51%) .NET
13 8 (19.51%) UML
13 8 (19.51%) OO
13 8 (19.51%) OOD

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

For the 6 months to 22 July 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 4 (9.76%) TIBCO EMS
2 2 (4.88%) MTS
Applications
1 2 (4.88%) MS Excel
Business Applications
1 19 (46.34%) ION MarketView
2 7 (17.07%) RMDS
3 2 (4.88%) Bloomberg TOMS
Communications & Networking
1 2 (4.88%) Firewall
1 2 (4.88%) Network Security
2 1 (2.44%) LAN
2 1 (2.44%) WAN
Database & Business Intelligence
1 14 (34.15%) SQL Server
2 12 (29.27%) KDB
Development Applications
1 14 (34.15%) JUnit
2 12 (29.27%) Mockito
3 2 (4.88%) Team Foundation Server
4 1 (2.44%) QuickTest Pro
General
1 30 (73.17%) Front Office
2 15 (36.59%) Banking
3 13 (31.71%) Investment Banking
4 11 (26.83%) Finance
5 9 (21.95%) Financial Institution
6 2 (4.88%) Legal
6 2 (4.88%) Back Office
Job Titles
1 17 (41.46%) Developer
1 17 (41.46%) Java Developer
2 5 (12.20%) Analyst
3 3 (7.32%) Applications Support
4 2 (4.88%) Administrator
4 2 (4.88%) Network Engineer
4 2 (4.88%) Applications Support Analyst
4 2 (4.88%) Test Analyst
4 2 (4.88%) Architect
4 2 (4.88%) Technical Administrator
4 2 (4.88%) Oracle Analyst
4 2 (4.88%) Oracle Support Analyst
4 2 (4.88%) Oracle Applications Support Analyst
4 2 (4.88%) Oracle Applications Support
4 2 (4.88%) Exchange Engineer
4 2 (4.88%) Support Analyst
5 1 (2.44%) Investment Banking Business Analyst
5 1 (2.44%) Banking Business Analyst
5 1 (2.44%) Business Analyst
5 1 (2.44%) Tester
Libraries, Frameworks & Software Standards
1 12 (29.27%) Spring
2 10 (24.39%) Rendezvous
3 8 (19.51%) .NET
Miscellaneous
1 29 (70.73%) Fixed Income
2 2 (4.88%) Foreign Exchange (FX)
3 1 (2.44%) Credit Derivative
3 1 (2.44%) Derivative
Operating Systems
1 18 (43.90%) UNIX
2 4 (9.76%) Linux
3 3 (7.32%) Windows
4 2 (4.88%) Solaris
4 2 (4.88%) Red Hat Enterprise Linux
5 1 (2.44%) Windows Server 2012
Processes & Methodologies
1 19 (46.34%) Multithreading
2 17 (41.46%) TDD
3 13 (31.71%) Low Latency
4 12 (29.27%) Analytics
5 8 (19.51%) OO
5 8 (19.51%) OOD
5 8 (19.51%) Risk Management
5 8 (19.51%) UML
6 6 (14.63%) Agile Software Development
7 5 (12.20%) Electronic Trading
8 4 (9.76%) Automated Testing
8 4 (9.76%) Software Engineering
9 3 (7.32%) Continuous Integration
9 3 (7.32%) BDD
10 2 (4.88%) Domain-Driven Design
10 2 (4.88%) User Acceptance Testing
10 2 (4.88%) Scrum
11 1 (2.44%) OOA/OOD
11 1 (2.44%) Workflow
11 1 (2.44%) System Testing
Programming Languages
1 30 (73.17%) Java
2 12 (29.27%) C#
2 12 (29.27%) C++
3 10 (24.39%) VB
4 3 (7.32%) SQL
5 2 (4.88%) T-SQL
5 2 (4.88%) Shell Script
5 2 (4.88%) Korn
5 2 (4.88%) Bash Shell
5 2 (4.88%) PL/SQL
Qualifications
1 5 (12.20%) Degree
Systems Management
1 2 (4.88%) Control-M
2 1 (2.44%) HP Quality Center
Vendors
1 18 (43.90%) TIBCO
1 18 (43.90%) Bloomberg
2 14 (34.15%) Sybase
3 13 (31.71%) Microsoft
4 5 (12.20%) Oracle
5 4 (9.76%) Tradeweb
5 4 (9.76%) MarketAxess
6 3 (7.32%) Reuters
7 2 (4.88%) eSpeed
8 1 (2.44%) Wall Street Systems
8 1 (2.44%) Remedy