The table below looks at the statistics 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 27 January 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.

Location
3 months to
27 Jan 2015
Same period 2014 Same period 2013
Reuters Market Data System (RMDS)
Rank 179 191 179
Rank change year-on-year
+12 -12
Contract jobs citing RMDS 11 17 15
As % of all contract IT jobs located in the City of London 0.22% 0.28% 0.26%
As % of the Business Applications category 2.64% 3.90% 3.50%
Number of daily rates quoted 5 16 15
Average daily rate
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£500 £625 £550
Average daily rate % change year-on-year
-20.00% +13.63%
90% offered a daily rate of more than £333 £600 £375
10% offered a daily rate of more than £620 £700 £650
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
RMDS
London

The following table is for comparison with the above and provides statistics for the entire Business Applications category in contract jobs advertised in the City of London region.

Business Applications Category
City of London
Contract IT job ads with a match in the
Business Applications category
416 436 429
As % of all contract IT jobs located in the City of London 8.22% 7.29% 7.51%
Number of daily rates quoted 296 288 311
Average daily rate £455 £475 £450
Average daily rate % change year-on-year
-4.21% +5.55%
90% offered a daily rate of more than £280 £338 £338
10% offered a daily rate of more than £640 £625 £610
UK excluding London average daily rate £425 £425 £400
% change year-on-year
- +6.25%
Number of hourly rates quoted 1 6 5
Average hourly rate £45.50 £27.56 £39.24
Average hourly rate % change year-on-year
+65.09% -29.76%
UK excluding London average hourly rate £17.50 £37.80 £36.00
% change year-on-year
-53.70% +5.00%

RMDS
Jobs Demand Trend in the City of London

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.

RMDS Jobs Demand Trend in the City of London

RMDS
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 RMDS across the City of London region.

RMDS Daily Rate Trend in the City of London

RMDS
Daily Rate Histogram in the City of London

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 27 January 2015.

RMDS Daily Rate Histogram in the City of London

RMDS
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 RMDS across the City of London region.

RMDS Hourly Rate Trend in the City of London

RMDS
Top 30 Related IT Skills in the City of London

For the 6 months to 27 January 2015, 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 (71.43%) Java
2 15 (53.57%) Agile Software Development
3 14 (50.00%) ION Trading
4 13 (46.43%) Fixed Income
5 11 (39.29%) Banking
6 10 (35.71%) TDD
6 10 (35.71%) ION MarketView
6 10 (35.71%) Low Latency
6 10 (35.71%) TIBCO
6 10 (35.71%) Linux
7 9 (32.14%) Rendezvous
7 9 (32.14%) Investment Banking
8 8 (28.57%) SQL
9 7 (25.00%) HTML
9 7 (25.00%) Foreign Exchange (FX)
9 7 (25.00%) Multithreading
10 6 (21.43%) Continuous Integration
10 6 (21.43%) Fat Client
10 6 (21.43%) Automated Testing
10 6 (21.43%) HTML5
10 6 (21.43%) JavaFX
10 6 (21.43%) RESTful
10 6 (21.43%) BDD
10 6 (21.43%) Bloomberg
10 6 (21.43%) Thin Client
10 6 (21.43%) Oracle
10 6 (21.43%) CSS
10 6 (21.43%) Web Services
10 6 (21.43%) UNIX
10 6 (21.43%) Windows

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

For the 6 months to 27 January 2015, 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 Platforms
1 2 (7.14%) Oracle Coherence
2 1 (3.57%) IIS
2 1 (3.57%) Oracle HTTP Server
2 1 (3.57%) Tomcat
2 1 (3.57%) Apache
2 1 (3.57%) WebSphere
2 1 (3.57%) TIBCO EMS
Business Applications
1 10 (35.71%) ION MarketView
Communications & Networking
1 5 (17.86%) Firewall
2 4 (14.29%) Multicast
3 3 (10.71%) TCP/IP
4 2 (7.14%) F5 BIG-IP LTM
4 2 (7.14%) F5 BIG-IP GTM
4 2 (7.14%) SAN
4 2 (7.14%) LAN
4 2 (7.14%) WAN
5 1 (3.57%) HTTP
5 1 (3.57%) DNS
5 1 (3.57%) Internet
5 1 (3.57%) NAS
5 1 (3.57%) iSCSI
5 1 (3.57%) FCoE
5 1 (3.57%) Fibre Channel
5 1 (3.57%) Wireshark
Database & Business Intelligence
1 4 (14.29%) Relational Database
2 2 (7.14%) SQL Server
3 1 (3.57%) HBase
3 1 (3.57%) Hadoop
General
1 11 (39.29%) Banking
2 9 (32.14%) Investment Banking
3 5 (17.86%) Front Office
3 5 (17.86%) Finance
4 2 (7.14%) Financial Institution
5 1 (3.57%) Advertising
Job Titles
1 15 (53.57%) Developer
2 14 (50.00%) Java Developer
3 7 (25.00%) Senior Developer
3 7 (25.00%) Senior Java Developer
4 5 (17.86%) Analyst
4 5 (17.86%) Java Swing Developer
5 4 (14.29%) Market Data Engineer
6 3 (10.71%) Systems Analyst
7 2 (7.14%) Security Engineer
7 2 (7.14%) Infrastructure Engineer
7 2 (7.14%) Market Data Support Engineer
7 2 (7.14%) Consultant
7 2 (7.14%) Support Analyst
7 2 (7.14%) Support Engineer
7 2 (7.14%) Security Consultant
8 1 (3.57%) Architect
8 1 (3.57%) Programmer
8 1 (3.57%) Solutions Architect
8 1 (3.57%) Infrastructure Solutions Architect
8 1 (3.57%) C# .NET Developer
Libraries, Frameworks & Software Standards
1 9 (32.14%) Rendezvous
2 7 (25.00%) HTML
3 6 (21.43%) HTML5
3 6 (21.43%) JavaFX
3 6 (21.43%) RESTful
3 6 (21.43%) CSS
3 6 (21.43%) Web Services
3 6 (21.43%) Swing
4 5 (17.86%) FIX Protocol
5 1 (3.57%) XML
5 1 (3.57%) XSLT
5 1 (3.57%) .NET
5 1 (3.57%) JMS
5 1 (3.57%) Middleware
Miscellaneous
1 13 (46.43%) Fixed Income
2 7 (25.00%) Foreign Exchange (FX)
3 6 (21.43%) Fat Client
3 6 (21.43%) Thin Client
4 2 (7.14%) Derivative
5 1 (3.57%) Analytical Skills
5 1 (3.57%) Computer Science
Operating Systems
1 10 (35.71%) Linux
2 6 (21.43%) UNIX
2 6 (21.43%) Windows
3 5 (17.86%) Solaris
Processes & Methodologies
1 15 (53.57%) Agile Software Development
2 10 (35.71%) TDD
2 10 (35.71%) Low Latency
3 7 (25.00%) Multithreading
4 6 (21.43%) Continuous Integration
4 6 (21.43%) Automated Testing
4 6 (21.43%) BDD
5 4 (14.29%) E-Commerce
6 3 (10.71%) Change Management
6 3 (10.71%) Time Management
7 2 (7.14%) Electronic Trading
7 2 (7.14%) Investment Management
7 2 (7.14%) Network Architecture
7 2 (7.14%) Risk Management
7 2 (7.14%) ITIL
8 1 (3.57%) Benchmarking
8 1 (3.57%) Straight-Through Processing
8 1 (3.57%) Performance Tuning
Programming Languages
1 20 (71.43%) Java
2 8 (28.57%) SQL
3 4 (14.29%) Shell Script
3 4 (14.29%) C++
4 2 (7.14%) Perl
5 1 (3.57%) C#
5 1 (3.57%) JavaScript
Qualifications
1 2 (7.14%) CISSP
System Software
1 1 (3.57%) NFS
1 1 (3.57%) KVM
1 1 (3.57%) Hyper-V
1 1 (3.57%) SRDF
1 1 (3.57%) VMware Infrastructure
1 1 (3.57%) Oracle RAC
1 1 (3.57%) Xen
Systems Management
1 2 (7.14%) ITRS Geneos
Vendors
1 14 (50.00%) ION Trading
2 10 (35.71%) TIBCO
3 6 (21.43%) Bloomberg
3 6 (21.43%) Oracle
4 5 (17.86%) 29West
5 3 (10.71%) Reuters
6 2 (7.14%) Blue Coat
6 2 (7.14%) TippingPoint
6 2 (7.14%) Tradeweb
6 2 (7.14%) LogLogic
6 2 (7.14%) Tufin
6 2 (7.14%) F5
6 2 (7.14%) eSpeed
6 2 (7.14%) CheckPoint
6 2 (7.14%) Radianz
6 2 (7.14%) Fidessa
6 2 (7.14%) Citrix
6 2 (7.14%) Juniper
6 2 (7.14%) Sybase
7 1 (3.57%) Cisco