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 1 October 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
1 Oct 2014
Same period 2013 Same period 2012
ION Trading
Rank 183 209 204
Rank change year-on-year
+26 -5
Contract jobs citing ION Trading 15 20 24
As % of all contract IT jobs located in the City of London 0.26% 0.28% 0.31%
As % of the Vendors category 0.56% 0.60% 0.72%
Number of daily rates quoted 14 12 20
Average daily rate
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of your Daily Rate
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£588 £550 £545
Average daily rate % change year-on-year
+6.81% +0.91%
90% offered a daily rate of more than £525 £503 £473
10% offered a daily rate of more than £609 £611 £655
UK excluding London average daily rate £450 £413 £471
% change year-on-year
+9.09% -12.46%
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
2677 3337 3321
As % of all contract IT jobs located in the City of London 46.04% 46.22% 43.26%
Number of daily rates quoted 1919 2325 2266
Average daily rate £425 £425 £438
Average daily rate % change year-on-year
- -2.85%
90% offered a daily rate of more than £250 £250 £265
10% offered a daily rate of more than £575 £600 £600
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 61 88 90
Average hourly rate £19.00 £21.00 £20.00
Average hourly rate % change year-on-year
-9.52% +5.00%
90% offered a hourly rate of more than £12.50 £11.50 £13.50
10% offered a hourly rate of more than £32.82 £48.00 £42.00
UK excluding London average hourly rate £19.00 £18.50 £18.75
% change year-on-year
+2.70% -1.33%

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 1 October 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 1 October 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 19 (61.29%) ION MarketView
2 18 (58.06%) Fixed Income
3 16 (51.61%) Java
4 14 (45.16%) UNIX
5 13 (41.94%) TDD
6 12 (38.71%) Banking
6 12 (38.71%) RMDS
6 12 (38.71%) TIBCO
6 12 (38.71%) Rendezvous
6 12 (38.71%) Agile Software Development
7 11 (35.48%) Investment Banking
8 10 (32.26%) Front Office
8 10 (32.26%) Bloomberg
9 9 (29.03%) Automated Testing
10 8 (25.81%) Continuous Integration
10 8 (25.81%) Multithreading
10 8 (25.81%) BDD
11 7 (22.58%) Finance
12 6 (19.35%) Sybase
12 6 (19.35%) Electronic Trading
13 5 (16.13%) JavaFX
13 5 (16.13%) Fat Client
13 5 (16.13%) Low Latency
13 5 (16.13%) RESTful
13 5 (16.13%) MarketAxess
13 5 (16.13%) HTML5
13 5 (16.13%) CSS
13 5 (16.13%) Web Services
13 5 (16.13%) SQL
13 5 (16.13%) Foreign Exchange (FX)

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

For the 6 months to 1 October 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 2 (6.45%) TIBCO EMS
Business Applications
1 19 (61.29%) ION MarketView
2 12 (38.71%) RMDS
3 4 (12.90%) Bloomberg TOMS
Communications & Networking
1 2 (6.45%) Firewall
1 2 (6.45%) Network Security
2 1 (3.23%) LAN
2 1 (3.23%) WAN
Database & Business Intelligence
1 3 (9.68%) SQL Server
2 2 (6.45%) KDB
Development Applications
1 3 (9.68%) JUnit
2 2 (6.45%) Mockito
2 2 (6.45%) Team Foundation Server
3 1 (3.23%) QuickTest Pro
General
1 12 (38.71%) Banking
2 11 (35.48%) Investment Banking
3 10 (32.26%) Front Office
4 7 (22.58%) Finance
5 2 (6.45%) Legal
5 2 (6.45%) Back Office
6 1 (3.23%) Advertising
6 1 (3.23%) Financial Institution
Job Titles
1 14 (45.16%) Developer
2 12 (38.71%) Java Developer
3 4 (12.90%) Applications Support
3 4 (12.90%) Analyst
3 4 (12.90%) Java Swing Developer
4 2 (6.45%) Architect
4 2 (6.45%) Test Analyst
4 2 (6.45%) Network Engineer
4 2 (6.45%) Senior Developer
4 2 (6.45%) Support Analyst
4 2 (6.45%) Administrator
4 2 (6.45%) Oracle Analyst
4 2 (6.45%) Oracle Support Analyst
4 2 (6.45%) Oracle Applications Support Analyst
4 2 (6.45%) Oracle Applications Support
4 2 (6.45%) Exchange Engineer
4 2 (6.45%) Technical Administrator
4 2 (6.45%) Senior Java Developer
4 2 (6.45%) Applications Support Analyst
5 1 (3.23%) GUI Developer
Libraries, Frameworks & Software Standards
1 12 (38.71%) Rendezvous
2 5 (16.13%) JavaFX
2 5 (16.13%) RESTful
2 5 (16.13%) HTML5
2 5 (16.13%) CSS
2 5 (16.13%) Web Services
2 5 (16.13%) Swing
2 5 (16.13%) HTML
3 2 (6.45%) Spring
Miscellaneous
1 18 (58.06%) Fixed Income
2 5 (16.13%) Fat Client
2 5 (16.13%) Foreign Exchange (FX)
2 5 (16.13%) Thin Client
3 2 (6.45%) Hedge funds
Operating Systems
1 14 (45.16%) UNIX
2 5 (16.13%) Windows
3 3 (9.68%) Linux
4 2 (6.45%) Solaris
4 2 (6.45%) Red Hat Enterprise Linux
5 1 (3.23%) Windows Server 2012
Processes & Methodologies
1 13 (41.94%) TDD
2 12 (38.71%) Agile Software Development
3 9 (29.03%) Automated Testing
4 8 (25.81%) Continuous Integration
4 8 (25.81%) Multithreading
4 8 (25.81%) BDD
5 6 (19.35%) Electronic Trading
6 5 (16.13%) Low Latency
7 3 (9.68%) UML
8 2 (6.45%) Software Engineering
8 2 (6.45%) Business Analysis
8 2 (6.45%) User Acceptance Testing
8 2 (6.45%) Asset Management
8 2 (6.45%) Analytics
9 1 (3.23%) System Testing
9 1 (3.23%) Workflow
9 1 (3.23%) OOA/OOD
9 1 (3.23%) OO
9 1 (3.23%) OOD
9 1 (3.23%) SOA
Programming Languages
1 16 (51.61%) Java
2 5 (16.13%) SQL
3 2 (6.45%) Shell Script
3 2 (6.45%) T-SQL
3 2 (6.45%) PL/SQL
3 2 (6.45%) C#
3 2 (6.45%) C++
3 2 (6.45%) Korn
3 2 (6.45%) Bash Shell
Qualifications
1 3 (9.68%) Degree
Systems Management
1 2 (6.45%) Control-M
2 1 (3.23%) HP Quality Center
Vendors
1 12 (38.71%) TIBCO
2 10 (32.26%) Bloomberg
3 6 (19.35%) Sybase
4 5 (16.13%) MarketAxess
5 4 (12.90%) Oracle
5 4 (12.90%) Tradeweb
6 3 (9.68%) Microsoft
7 2 (6.45%) Reuters
8 1 (3.23%) Wall Street Systems