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 27 August 2014 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
27 Aug 2014
Same period 2013 Same period 2012
ION Trading
Rank 181 199 197
Rank change year-on-year
+18 -2
Contract jobs citing ION Trading 18 23 29
As % of all contract IT jobs located in the City of London 0.31% 0.31% 0.37%
As % of the Vendors category 0.68% 0.68% 0.85%
Number of daily rates quoted 13 13 23
Average daily rate
Keep up to 90%
of your Daily Rate
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£575 £550 £625
Average daily rate % change year-on-year
+4.54% -12.00%
90% offered a daily rate of more than £380 £525 £492
10% offered a daily rate of more than £625 £610 £675
UK excluding London average daily rate £450 £425 £428
% change year-on-year
+5.88% -0.58%
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
2654 3392 3408
As % of all contract IT jobs located in the City of London 45.67% 46.05% 43.00%
Number of daily rates quoted 1856 2355 2322
Average daily rate £425 £425 £425
90% offered a daily rate of more than £250 £250 £273
10% offered a daily rate of more than £594 £600 £600
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 55 97 98
Average hourly rate £21.00 £22.00 £20.00
Average hourly rate % change year-on-year
-4.54% +10.00%
90% offered a hourly rate of more than £13.47 £13.97 £13.30
10% offered a hourly rate of more than £34.50 £59.00 £42.00
UK excluding London average hourly rate £18.00 £19.48 £19.00
% change year-on-year
-7.59% +2.52%

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 27 August 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 27 August 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 23 (67.65%) Java
2 21 (61.76%) Fixed Income
3 19 (55.88%) Front Office
4 17 (50.00%) TIBCO
4 17 (50.00%) TDD
4 17 (50.00%) Multithreading
5 16 (47.06%) ION MarketView
6 15 (44.12%) Banking
7 14 (41.18%) Investment Banking
8 12 (35.29%) Low Latency
8 12 (35.29%) Sybase
8 12 (35.29%) UNIX
9 11 (32.35%) SQL Server
9 11 (32.35%) JUnit
9 11 (32.35%) Rendezvous
10 10 (29.41%) Microsoft
10 10 (29.41%) Bloomberg
10 10 (29.41%) RMDS
11 9 (26.47%) Spring
11 9 (26.47%) Analytics
11 9 (26.47%) Mockito
11 9 (26.47%) KDB
11 9 (26.47%) C#
11 9 (26.47%) C++
12 7 (20.59%) VB
12 7 (20.59%) Agile Software Development
13 6 (17.65%) Finance
13 6 (17.65%) Automated Testing
13 6 (17.65%) Electronic Trading
14 5 (14.71%) MarketAxess

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

For the 6 months to 27 August 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 3 (8.82%) TIBCO EMS
2 1 (2.94%) MTS
Applications
1 1 (2.94%) MS Excel
Business Applications
1 16 (47.06%) ION MarketView
2 10 (29.41%) RMDS
3 3 (8.82%) Bloomberg TOMS
Communications & Networking
1 2 (5.88%) Firewall
1 2 (5.88%) Network Security
2 1 (2.94%) LAN
2 1 (2.94%) WAN
Database & Business Intelligence
1 11 (32.35%) SQL Server
2 9 (26.47%) KDB
Development Applications
1 11 (32.35%) JUnit
2 9 (26.47%) Mockito
3 2 (5.88%) Team Foundation Server
4 1 (2.94%) QuickTest Pro
General
1 19 (55.88%) Front Office
2 15 (44.12%) Banking
3 14 (41.18%) Investment Banking
4 6 (17.65%) Finance
5 2 (5.88%) Legal
5 2 (5.88%) Back Office
5 2 (5.88%) Financial Institution
6 1 (2.94%) Advertising
Job Titles
1 17 (50.00%) Developer
1 17 (50.00%) Java Developer
2 5 (14.71%) Analyst
3 3 (8.82%) Applications Support
4 2 (5.88%) Administrator
4 2 (5.88%) Network Engineer
4 2 (5.88%) Senior Developer
4 2 (5.88%) Support Analyst
4 2 (5.88%) Applications Support Analyst
4 2 (5.88%) Test Analyst
4 2 (5.88%) Architect
4 2 (5.88%) Technical Administrator
4 2 (5.88%) Oracle Analyst
4 2 (5.88%) Oracle Support Analyst
4 2 (5.88%) Oracle Applications Support Analyst
4 2 (5.88%) Oracle Applications Support
4 2 (5.88%) Exchange Engineer
4 2 (5.88%) Senior Java Developer
5 1 (2.94%) Network Architect
5 1 (2.94%) Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 11 (32.35%) Rendezvous
2 9 (26.47%) Spring
3 2 (5.88%) JavaFX
3 2 (5.88%) RESTful
3 2 (5.88%) HTML5
3 2 (5.88%) HTML
3 2 (5.88%) CSS
3 2 (5.88%) Web Services
3 2 (5.88%) Swing
4 1 (2.94%) .NET
Miscellaneous
1 21 (61.76%) Fixed Income
2 2 (5.88%) Foreign Exchange (FX)
2 2 (5.88%) Thin Client
2 2 (5.88%) Fat Client
3 1 (2.94%) Hedge funds
3 1 (2.94%) Credit Derivative
3 1 (2.94%) Derivative
Operating Systems
1 12 (35.29%) UNIX
2 4 (11.76%) Windows
2 4 (11.76%) Linux
3 2 (5.88%) Red Hat Enterprise Linux
3 2 (5.88%) Solaris
4 1 (2.94%) Windows Server 2012
Processes & Methodologies
1 17 (50.00%) TDD
1 17 (50.00%) Multithreading
2 12 (35.29%) Low Latency
3 9 (26.47%) Analytics
4 7 (20.59%) Agile Software Development
5 6 (17.65%) Electronic Trading
5 6 (17.65%) Automated Testing
6 5 (14.71%) Continuous Integration
6 5 (14.71%) BDD
7 3 (8.82%) Software Engineering
8 2 (5.88%) Business Analysis
8 2 (5.88%) User Acceptance Testing
9 1 (2.94%) UML
9 1 (2.94%) OOA/OOD
9 1 (2.94%) OO
9 1 (2.94%) OOD
9 1 (2.94%) Risk Management
9 1 (2.94%) Workflow
9 1 (2.94%) Scrum
9 1 (2.94%) Asset Management
Programming Languages
1 23 (67.65%) Java
2 9 (26.47%) C#
2 9 (26.47%) C++
3 7 (20.59%) VB
4 4 (11.76%) SQL
5 2 (5.88%) T-SQL
5 2 (5.88%) Shell Script
5 2 (5.88%) Korn
5 2 (5.88%) Bash Shell
5 2 (5.88%) PL/SQL
Qualifications
1 4 (11.76%) Degree
Systems Management
1 2 (5.88%) Control-M
2 1 (2.94%) HP Quality Center
Vendors
1 17 (50.00%) TIBCO
2 12 (35.29%) Sybase
3 10 (29.41%) Microsoft
3 10 (29.41%) Bloomberg
4 5 (14.71%) Oracle
4 5 (14.71%) MarketAxess
5 4 (11.76%) Tradeweb
6 3 (8.82%) Reuters
7 1 (2.94%) Remedy
7 1 (2.94%) eSpeed
7 1 (2.94%) Wall Street Systems