The first table below looks at the demand for RMDS skills 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 RMDS over the 3 months to 22 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Business Applications category 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.

Location
3 months to
22 May 2013
Same period 2012 Same period 2011
Reuters Market Data System (RMDS)
Rank 185 200 192
Rank change year-on-year
+15 -8
Contract jobs citing RMDS 20 15 49
As % of all contract IT jobs located in the City of London 0.311% 0.188% 0.507%
As % of the Business Applications category 3.891% 2.708% 6.712%
Number of daily rates quoted 17 12 44
Average daily rate £563 £398 £525
Average daily rate % change year-on-year
+41.50% -24.28%
90% offered a daily rate of more than £365 £275 £358
10% offered a daily rate of more than £605 £545 £625
UK excluding London average daily rate - £550 -
Number of hourly rates quoted 2 0 0
Average hourly rate £39.51 - -
UK excluding London average hourly rate - - -
All Business Applications
City of London
Contract IT job ads with a match in the
Business Applications category
514 554 730
As % of all contract IT jobs located in the City of London 7.995% 6.943% 7.553%
Number of daily rates quoted 363 380 519
Average daily rate £450 £450 £525
Average daily rate % change year-on-year
- -14.28%
90% offered a daily rate of more than £350 £300 £350
10% offered a daily rate of more than £600 £650 £650
UK excluding London average daily rate £425 £433 £420
% change year-on-year
-1.73% +2.97%
Number of hourly rates quoted 8 4 2
Average hourly rate £32.58 £50.00 £34.25
Average hourly rate % change year-on-year
-34.84% +45.98%
90% offered a hourly rate of more than £12.00 £14.75 £19.65
10% offered a hourly rate of more than £39.51 £56.25 £48.85
UK excluding London average hourly rate £37.80 £22.50 £25.00
% change year-on-year
+68.00% -10.00%
RMDS
London

RMDS
Jobs Demand Trend

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

City of London RMDS Jobs Demand Trend

RMDS
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing RMDS across the City of London region.

City of London RMDS Daily Rate Trend

RMDS
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing RMDS across the City of London region over the 3 months to 22 May 2013.

City of London RMDS Daily Rate Histogram

RMDS
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing RMDS across the City of London region.

City of London RMDS Hourly Rate Trend

RMDS
Top 30 Related IT Skills

For the 6 months to 22 May 2013, IT contractor jobs across the City of London region citing RMDS 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 RMDS.

1 20 (54.05%) Java
2 18 (48.65%) Linux
2 18 (48.65%) Reuters
2 18 (48.65%) Banking
3 16 (43.24%) Investment Banking
4 15 (40.54%) Windows
5 13 (35.14%) SQL
5 13 (35.14%) SQL Server
6 11 (29.73%) Fixed Income
6 11 (29.73%) Bloomberg
7 9 (24.32%) Citrix
7 9 (24.32%) Sybase
7 9 (24.32%) ION Trading
7 9 (24.32%) Front Office
7 9 (24.32%) ION MarketView
8 8 (21.62%) HTML
8 8 (21.62%) XML
8 8 (21.62%) Oracle
8 8 (21.62%) IIS
8 8 (21.62%) UNIX
8 8 (21.62%) Apache
9 7 (18.92%) Swing
9 7 (18.92%) MTS
9 7 (18.92%) eSpeed
9 7 (18.92%) Foreign Exchange (FX)
9 7 (18.92%) Solaris
9 7 (18.92%) OO
9 7 (18.92%) Multithreading
9 7 (18.92%) Tradeweb
9 7 (18.92%) MarketAxess

RMDS
Top Related IT Skills by Category

For the 6 months to 22 May 2013, IT contractor jobs across the City of London region citing RMDS 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 RMDS. Up to 20 skills are shown per category.

Application Development
1 8 (21.62%) HTML
1 8 (21.62%) XML
2 7 (18.92%) Swing
2 7 (18.92%) Middleware
3 6 (16.22%) WebSphere
3 6 (16.22%) XSLT
4 4 (10.81%) WCF
5 2 (5.405%) Ajax
5 2 (5.405%) .NET Framework
5 2 (5.405%) XHTML
5 2 (5.405%) ASP.NET
5 2 (5.405%) JSP
5 2 (5.405%) SOAP
5 2 (5.405%) Struts
5 2 (5.405%) Web Services
5 2 (5.405%) .NET
6 1 (2.703%) ASP
Application Platforms
1 8 (21.62%) IIS
1 8 (21.62%) Apache
2 7 (18.92%) MTS
3 6 (16.22%) WebLogic
4 2 (5.405%) BizTalk Server
Business Applications
1 9 (24.32%) ION MarketView
2 2 (5.405%) 3000 Xtra
Communications & Networking
1 6 (16.22%) NAS
1 6 (16.22%) SAN
2 4 (10.81%) Firewall
3 2 (5.405%) LAN
3 2 (5.405%) TCP/IP
Database & Business Intelligence
1 13 (35.14%) SQL Server
2 2 (5.405%) Crystal Reports
3 1 (2.703%) RDBMS
3 1 (2.703%) Data Warehouse
3 1 (2.703%) Sybase ASE
3 1 (2.703%) Sybase IQ
3 1 (2.703%) InterBase
Development Applications
1 2 (5.405%) Oracle APEX
General
1 18 (48.65%) Banking
2 16 (43.24%) Investment Banking
3 9 (24.32%) Front Office
4 7 (18.92%) Finance
5 2 (5.405%) French Language
6 1 (2.703%) Back Office
Job Titles
1 13 (35.14%) Developer
2 7 (18.92%) Analyst
3 6 (16.22%) Java Developer
3 6 (16.22%) Infrastructure Architect
3 6 (16.22%) Architect
4 5 (13.51%) Support Analyst
5 4 (10.81%) Systems Support
5 4 (10.81%) Systems Analyst
5 4 (10.81%) Solutions Architect
5 4 (10.81%) Trade Floor Support Analyst
5 4 (10.81%) Infrastructure Solutions Architect
6 3 (8.108%) RAD Developer
6 3 (8.108%) Market Data Engineer
6 3 (8.108%) Front Office Developer
6 3 (8.108%) Server Support
7 2 (5.405%) Support Specialist
7 2 (5.405%) Systems Support Analyst
7 2 (5.405%) Excel Developer
7 2 (5.405%) Lead Architect
7 2 (5.405%) Lead Solutions Architect
Miscellaneous
1 11 (29.73%) Fixed Income
2 7 (18.92%) Foreign Exchange (FX)
2 7 (18.92%) Derivative
3 4 (10.81%) Grid Computing
3 4 (10.81%) Credit Derivative
4 3 (8.108%) Equity Derivative
5 2 (5.405%) Computer Science
5 2 (5.405%) Credit Risk
6 1 (2.703%) Enterprise Software
6 1 (2.703%) Replication
Operating Systems
1 18 (48.65%) Linux
2 15 (40.54%) Windows
3 8 (21.62%) UNIX
4 7 (18.92%) Solaris
5 1 (2.703%) Windows Server 2003
5 1 (2.703%) Windows Server 2008
Processes & Methodologies
1 7 (18.92%) OO
1 7 (18.92%) Multithreading
1 7 (18.92%) Refactoring
1 7 (18.92%) Agile Software Development
1 7 (18.92%) TDD
2 6 (16.22%) Complex Event Processing
2 6 (16.22%) Benchmarking
3 4 (10.81%) RAD
4 3 (8.108%) ITIL
5 2 (5.405%) E-Commerce
5 2 (5.405%) PRINCE2
6 1 (2.703%) Requirements Analysis
6 1 (2.703%) Service Delivery
Programming Languages
1 20 (54.05%) Java
2 13 (35.14%) SQL
3 6 (16.22%) C#
3 6 (16.22%) JavaScript
3 6 (16.22%) VBA
4 3 (8.108%) Shell Script
5 2 (5.405%) VB6
5 2 (5.405%) VBScript
5 2 (5.405%) VB
5 2 (5.405%) Perl
5 2 (5.405%) PHP
5 2 (5.405%) C++
5 2 (5.405%) C
Qualifications
1 2 (5.405%) Degree
1 2 (5.405%) PMP
1 2 (5.405%) PMI Certification
2 1 (2.703%) ITIL Certification
2 1 (2.703%) HP ASE
Quality Assurance & Compliance
1 1 (2.703%) Sarbanes-Oxley
Systems Management
1 1 (2.703%) Nagios
1 1 (2.703%) Zenoss
Vendors
1 18 (48.65%) Reuters
2 11 (29.73%) Bloomberg
3 9 (24.32%) Citrix
3 9 (24.32%) Sybase
3 9 (24.32%) ION Trading
4 8 (21.62%) Oracle
5 7 (18.92%) eSpeed
5 7 (18.92%) Tradeweb
5 7 (18.92%) MarketAxess
6 6 (16.22%) DataSynapse
6 6 (16.22%) 29West
6 6 (16.22%) NetApp
6 6 (16.22%) EMC
6 6 (16.22%) Cisco
7 2 (5.405%) Cadis
7 2 (5.405%) Red Hat
7 2 (5.405%) Sun
7 2 (5.405%) SunGard
7 2 (5.405%) Business Objects
8 1 (2.703%) HP
City, London
The Market Connectivity Consultant will have the following skills and experience: * Market Data Platforms - Reuters RDF/RMDS, Infolect, Bloomberg, Marketlink * Interacting with Global Data Vendors or financial exchanges *...
Incisive Ltd
Rate: £400 - £500 per day
Posted: 16 May 2013