The table below looks at the statistics for knowledge and experience of MarketAxess 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 MarketAxess over the 3 months to 13 February 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 MarketAxess.

Location
3 months to
13 Feb 2016
Same period 2015 Same period 2014
MarketAxess
Rank - 188 -
Contract jobs citing MarketAxess 0 2 0
As % of all contract IT jobs located in the City of London - 0.039% -
As % of the Vendors category - 0.090% -
Number of daily rates quoted 0 2 0
Average daily rate - £600 -
UK excluding London average daily rate - £70 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
MarketAxess
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
1203 2224 2542
As % of all contract IT jobs located in the City of London 39.01% 43.84% 42.84%
Number of daily rates quoted 889 1637 1767
Average daily rate £433 £420 £425
Average daily rate % change year-on-year
+2.97% -1.17%
90% offered a daily rate of more than £275 £250 £240
10% offered a daily rate of more than £600 £575 £625
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 14 41 58
Average hourly rate £24.00 £20.85 £19.35
Average hourly rate % change year-on-year
+15.12% +7.73%
90% offered a hourly rate of more than £11.80 £13.23 £14.50
10% offered a hourly rate of more than £30.00 £36.00 £30.83
UK excluding London average hourly rate £21.50 £17.50 £16.50
% change year-on-year
+22.85% +6.06%

MarketAxess
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing MarketAxess across the City of London region as a proportion of the total demand within the Vendors category.

MarketAxess Jobs Demand Trend in the City of London

MarketAxess
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 MarketAxess across the City of London region.

MarketAxess Daily Rate Trend in the City of London

MarketAxess
Top 11 Related IT Skills in the City of London

For the 6 months to 13 February 2016, IT contractor jobs across the City of London region citing MarketAxess 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 MarketAxess.

1 1 (100.00%) Perl
1 1 (100.00%) Windows
1 1 (100.00%) Eclipse
1 1 (100.00%) Active Directory
1 1 (100.00%) Finance
1 1 (100.00%) Subversion
1 1 (100.00%) Korn
1 1 (100.00%) Electronic Trading
1 1 (100.00%) Tradeweb
1 1 (100.00%) Trayport
1 1 (100.00%) Software Deployment

MarketAxess
Top Related IT Skills in the City of London by Category

For the 6 months to 13 February 2016, IT contractor jobs across the City of London region citing MarketAxess 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 MarketAxess. Up to 20 skills are shown per category.

Development Applications
1 1 (100.00%) Eclipse
1 1 (100.00%) Subversion
General
1 1 (100.00%) Finance
Job Titles
1 1 (100.00%) Analyst
1 1 (100.00%) Electronic Trading Support
1 1 (100.00%) Support Analyst
Operating Systems
1 1 (100.00%) Windows
Processes & Methodologies
1 1 (100.00%) Electronic Trading
1 1 (100.00%) Software Deployment
Programming Languages
1 1 (100.00%) Korn
1 1 (100.00%) Perl
System Software
1 1 (100.00%) Active Directory
Vendors
1 1 (100.00%) Tradeweb
1 1 (100.00%) Trayport