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 28 August 2015 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
28 Aug 2015
Same period 2014 Same period 2013
ION Trading
Rank 188 184 203
Rank change year-on-year
-4 +19
Contract jobs citing ION Trading 10 18 23
As % of all contract IT jobs located in the City of London 0.19% 0.31% 0.32%
As % of the Vendors category 0.42% 0.68% 0.70%
Number of daily rates quoted 8 13 13
Average daily rate
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£575 £575 £550
Average daily rate % change year-on-year
- +4.54%
90% offered a daily rate of more than £490 £380 £525
10% offered a daily rate of more than £650 £625 £610
UK excluding London average daily rate £275 £450 £425
% change year-on-year
-38.88% +5.88%
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
2369 2646 3288
As % of all contract IT jobs located in the City of London 44.08% 45.51% 45.40%
Number of daily rates quoted 1759 1826 2266
Average daily rate £425 £425 £425
90% offered a daily rate of more than £275 £250 £250
10% offered a daily rate of more than £600 £588 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 51 55 94
Average hourly rate £16.00 £20.00 £22.00
Average hourly rate % change year-on-year
-20.00% -9.09%
90% offered a hourly rate of more than £11.00 £13.47 £13.97
10% offered a hourly rate of more than £39.10 £34.50 £59.00
UK excluding London average hourly rate £19.00 £17.50 £19.30
% change year-on-year
+8.57% -9.32%

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 28 August 2015.

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 28 August 2015, 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 12 (66.67%) Fixed Income
2 9 (50.00%) ION MarketView
3 8 (44.44%) Java
3 8 (44.44%) Banking
4 7 (38.89%) Investment Banking
4 7 (38.89%) Front Office
4 7 (38.89%) Low Latency
5 6 (33.33%) Multithreading
6 5 (27.78%) Finance
6 5 (27.78%) Agile Software Development
7 4 (22.22%) TDD
7 4 (22.22%) RMDS
7 4 (22.22%) Electronic Trading
7 4 (22.22%) Bloomberg
7 4 (22.22%) OO
8 3 (16.67%) MTS
8 3 (16.67%) SQL Server
8 3 (16.67%) eSpeed
8 3 (16.67%) OOD
8 3 (16.67%) Business Development
8 3 (16.67%) FIX Protocol
8 3 (16.67%) Spring
8 3 (16.67%) Middleware
8 3 (16.67%) Concurrent Programming
8 3 (16.67%) Tradeweb
9 2 (11.11%) Business Analysis
9 2 (11.11%) Risk Management
9 2 (11.11%) Microsoft
9 2 (11.11%) Murex
9 2 (11.11%) Foreign Exchange (FX)

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

For the 6 months to 28 August 2015, 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 (16.67%) MTS
Applications
1 1 (5.56%) MS Office
Business Applications
1 9 (50.00%) ION MarketView
2 4 (22.22%) RMDS
3 1 (5.56%) Bloomberg TOMS
Database & Business Intelligence
1 3 (16.67%) SQL Server
2 1 (5.56%) OLAP
2 1 (5.56%) SQL Server 2008
2 1 (5.56%) MySQL
Development Applications
1 1 (5.56%) JIRA
General
1 8 (44.44%) Banking
2 7 (38.89%) Investment Banking
2 7 (38.89%) Front Office
3 5 (27.78%) Finance
4 1 (5.56%) Spanish Language
Job Titles
1 9 (50.00%) Developer
2 7 (38.89%) Java Developer
3 3 (16.67%) Analyst
3 3 (16.67%) Senior Developer
3 3 (16.67%) Senior Java Developer
3 3 (16.67%) Real Time Developer
4 2 (11.11%) Applications Support
5 1 (5.56%) Business Analyst
5 1 (5.56%) Banking Business Analyst
5 1 (5.56%) Analyst Programmer
5 1 (5.56%) Programmer
5 1 (5.56%) Support Analyst
5 1 (5.56%) Technical Support
5 1 (5.56%) C# Developer
5 1 (5.56%) Java Analyst Programmer
5 1 (5.56%) Java Programmer
Libraries, Frameworks & Software Standards
1 3 (16.67%) Middleware
1 3 (16.67%) Spring
1 3 (16.67%) FIX Protocol
2 1 (5.56%) WPF
2 1 (5.56%) Reactive Extensions
2 1 (5.56%) .NET
2 1 (5.56%) XML
2 1 (5.56%) XSD
2 1 (5.56%) XSLT
Miscellaneous
1 12 (66.67%) Fixed Income
2 2 (11.11%) Foreign Exchange (FX)
3 1 (5.56%) Equities
3 1 (5.56%) Credit Derivative
3 1 (5.56%) Derivative
Operating Systems
1 2 (11.11%) Linux
2 1 (5.56%) UNIX
Processes & Methodologies
1 7 (38.89%) Low Latency
2 6 (33.33%) Multithreading
3 5 (27.78%) Agile Software Development
4 4 (22.22%) TDD
4 4 (22.22%) OO
4 4 (22.22%) Electronic Trading
5 3 (16.67%) Business Development
5 3 (16.67%) OOD
5 3 (16.67%) Concurrent Programming
6 2 (11.11%) Business Analysis
6 2 (11.11%) ITIL
6 2 (11.11%) Risk Management
7 1 (5.56%) Automated Testing
7 1 (5.56%) Project Management
7 1 (5.56%) Service Delivery
7 1 (5.56%) E-Commerce
7 1 (5.56%) Data Modelling
7 1 (5.56%) Problem Management
7 1 (5.56%) Risk Analysis
7 1 (5.56%) Release Management
Programming Languages
1 8 (44.44%) Java
2 2 (11.11%) SQL
3 1 (5.56%) C#
Vendors
1 4 (22.22%) Bloomberg
2 3 (16.67%) eSpeed
2 3 (16.67%) Tradeweb
3 2 (11.11%) Microsoft
3 2 (11.11%) Murex
4 1 (5.56%) TIBCO
4 1 (5.56%) Remedy
City, London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 2 days ago