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 22 August 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.

Location
3 months to
22 Aug 2014
Same period 2013 Same period 2012
Reuters Market Data System (RMDS)
Rank 190 206 197
Rank change year-on-year
+16 -9
Contract jobs citing RMDS 10 25 30
As % of all contract IT jobs located in the City of London 0.17% 0.34% 0.38%
As % of the Business Applications category 1.90% 4.12% 4.42%
Number of daily rates quoted 9 20 19
Average daily rate
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of your Daily Rate
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£625 £625 £475
Average daily rate % change year-on-year
- +31.57%
90% offered a daily rate of more than £575 £573 £274
10% offered a daily rate of more than £634 £700 £560
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
527 607 678
As % of all contract IT jobs located in the City of London 8.95% 8.25% 8.67%
Number of daily rates quoted 364 421 500
Average daily rate £475 £450 £500
Average daily rate % change year-on-year
+5.55% -10.00%
90% offered a daily rate of more than £350 £325 £355
10% offered a daily rate of more than £575 £625 £625
UK excluding London average daily rate £425 £400 £438
% change year-on-year
+6.25% -8.57%
Number of hourly rates quoted 4 7 5
Average hourly rate £32.03 £14.50 £48.00
Average hourly rate % change year-on-year
+120.89% -69.79%
90% offered a hourly rate of more than £23.87 £13.00 £41.05
10% offered a hourly rate of more than £32.82 £16.80 £52.21
UK excluding London average hourly rate £31.50 £18.03 £21.00
% change year-on-year
+74.73% -14.15%

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
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 22 August 2014, 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 26 (81.25%) Java
2 18 (56.25%) Linux
3 14 (43.75%) Front Office
4 13 (40.63%) Oracle
4 13 (40.63%) 29West
5 12 (37.50%) SQL
6 11 (34.38%) Foreign Exchange (FX)
6 11 (34.38%) TIBCO
6 11 (34.38%) Rendezvous
6 11 (34.38%) Banking
7 10 (31.25%) ION Trading
7 10 (31.25%) Reuters
7 10 (31.25%) Solaris
8 9 (28.13%) UNIX
8 9 (28.13%) Oracle Coherence
8 9 (28.13%) Low Latency
8 9 (28.13%) ION MarketView
9 8 (25.00%) TDD
9 8 (25.00%) Fixed Income
9 8 (25.00%) Finance
9 8 (25.00%) Windows
10 7 (21.88%) Investment Banking
10 7 (21.88%) Multithreading
11 6 (18.75%) BDD
11 6 (18.75%) E-Commerce
12 5 (15.63%) HTML
12 5 (15.63%) SQL Server
12 5 (15.63%) Continuous Integration
12 5 (15.63%) Automated Testing
12 5 (15.63%) Agile Software Development

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

For the 6 months to 22 August 2014, 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 9 (28.13%) Oracle Coherence
2 3 (9.38%) IIS
2 3 (9.38%) Oracle HTTP Server
2 3 (9.38%) Tomcat
2 3 (9.38%) Apache
2 3 (9.38%) WebSphere
3 1 (3.13%) Confluence
Business Applications
1 9 (28.13%) ION MarketView
Communications & Networking
1 3 (9.38%) SAN
1 3 (9.38%) LAN
1 3 (9.38%) WAN
1 3 (9.38%) HTTP
1 3 (9.38%) NAS
1 3 (9.38%) FCoE
1 3 (9.38%) Fibre Channel
1 3 (9.38%) Multicast
2 2 (6.25%) iSCSI
2 2 (6.25%) Firewall
3 1 (3.13%) TCP/IP
Database & Business Intelligence
1 5 (15.63%) SQL Server
2 3 (9.38%) Hadoop
2 3 (9.38%) HBase
3 1 (3.13%) Relational Database
Development Applications
1 2 (6.25%) JUnit
2 1 (3.13%) TeamCity
2 1 (3.13%) JIRA
2 1 (3.13%) Git (software)
General
1 14 (43.75%) Front Office
2 11 (34.38%) Banking
3 8 (25.00%) Finance
4 7 (21.88%) Investment Banking
5 1 (3.13%) Advertising
5 1 (3.13%) Back Office
Job Titles
1 9 (28.13%) Developer
1 9 (28.13%) Java Developer
2 6 (18.75%) Development Manager
3 4 (12.50%) Analyst
4 3 (9.38%) Architect
4 3 (9.38%) Senior Developer
4 3 (9.38%) Infrastructure Architect
4 3 (9.38%) Senior Java Developer
5 2 (6.25%) Infrastructure Solutions Architect
5 2 (6.25%) Market Data Support Analyst
5 2 (6.25%) Market Data Analyst
5 2 (6.25%) Market Analyst
5 2 (6.25%) Technical Team Leader
5 2 (6.25%) Java Team Leader
5 2 (6.25%) Team Leader
5 2 (6.25%) Data Analyst
5 2 (6.25%) Solutions Architect
5 2 (6.25%) Support Analyst
5 2 (6.25%) Systems Analyst
6 1 (3.13%) Software Engineer
Libraries, Frameworks & Software Standards
1 11 (34.38%) Rendezvous
2 5 (15.63%) HTML
3 3 (9.38%) Middleware
3 3 (9.38%) XML
3 3 (9.38%) XSLT
4 2 (6.25%) RESTful
4 2 (6.25%) HTML5
4 2 (6.25%) JavaFX
4 2 (6.25%) Swing
4 2 (6.25%) CSS
4 2 (6.25%) Web Services
5 1 (3.13%) JMS
5 1 (3.13%) FIX Protocol
5 1 (3.13%) Spring
Miscellaneous
1 11 (34.38%) Foreign Exchange (FX)
2 8 (25.00%) Fixed Income
3 2 (6.25%) Fat Client
3 2 (6.25%) Thin Client
4 1 (3.13%) Derivative
4 1 (3.13%) Equity Derivative
Operating Systems
1 18 (56.25%) Linux
2 10 (31.25%) Solaris
3 9 (28.13%) UNIX
4 8 (25.00%) Windows
5 2 (6.25%) Red Hat Enterprise Linux
Processes & Methodologies
1 9 (28.13%) Low Latency
2 8 (25.00%) TDD
3 7 (21.88%) Multithreading
4 6 (18.75%) BDD
4 6 (18.75%) E-Commerce
5 5 (15.63%) Continuous Integration
5 5 (15.63%) Automated Testing
5 5 (15.63%) Agile Software Development
5 5 (15.63%) Knowledge Management
6 3 (9.38%) Benchmarking
6 3 (9.38%) Change Management
6 3 (9.38%) Software Engineering
6 3 (9.38%) Performance Tuning
7 2 (6.25%) Algorithmic Trading
7 2 (6.25%) Risk Management
8 1 (3.13%) Process Management
8 1 (3.13%) Migration
8 1 (3.13%) OOA/OOD
8 1 (3.13%) Electronic Trading
8 1 (3.13%) Integration Testing
Programming Languages
1 26 (81.25%) Java
2 12 (37.50%) SQL
3 2 (6.25%) JavaScript
4 1 (3.13%) Perl
4 1 (3.13%) C-shell
4 1 (3.13%) Bash Shell
Qualifications
1 1 (3.13%) Degree
System Software
1 4 (12.50%) VMware Infrastructure
2 3 (9.38%) NFS
2 3 (9.38%) Oracle RAC
2 3 (9.38%) SRDF
3 2 (6.25%) KVM
3 2 (6.25%) Hyper-V
3 2 (6.25%) Xen
Vendors
1 13 (40.63%) Oracle
1 13 (40.63%) 29West
2 11 (34.38%) TIBCO
3 10 (31.25%) ION Trading
3 10 (31.25%) Reuters
4 5 (15.63%) VMware
5 4 (12.50%) Bloomberg
6 3 (9.38%) Sybase
6 3 (9.38%) NetApp
6 3 (9.38%) Cisco
6 3 (9.38%) IBM
6 3 (9.38%) EMC
6 3 (9.38%) Intel
6 3 (9.38%) DataSynapse
7 2 (6.25%) MarketAxess
7 2 (6.25%) Citrix
7 2 (6.25%) Red Hat