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 24 December 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
24 Dec 2014
Same period 2013 Same period 2012
Reuters Market Data System (RMDS)
Rank 181 181 188
Rank change year-on-year
0 +7
Contract jobs citing RMDS 15 21 12
As % of all contract IT jobs located in the City of London 0.27% 0.32% 0.20%
As % of the Business Applications category 3.18% 4.15% 2.59%
Number of daily rates quoted 10 19 12
Average daily rate
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of your Daily Rate
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£588 £625 £425
Average daily rate % change year-on-year
-6.00% +47.05%
90% offered a daily rate of more than £299 £600 £375
10% offered a daily rate of more than £625 £700 £575
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
471 506 464
As % of all contract IT jobs located in the City of London 8.43% 7.61% 7.74%
Number of daily rates quoted 349 339 354
Average daily rate £475 £475 £450
Average daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £280 £350 £320
10% offered a daily rate of more than £650 £650 £600
UK excluding London average daily rate £425 £425 £405
% change year-on-year
- +4.93%
Number of hourly rates quoted 3 5 6
Average hourly rate £19.50 £29.20 £43.48
Average hourly rate % change year-on-year
-33.20% -32.84%
UK excluding London average hourly rate £17.50 £35.00 £36.00
% change year-on-year
-50.00% -2.77%

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 24 December 2014.

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 24 December 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 20 (74.07%) Java
2 17 (62.96%) Agile Software Development
3 14 (51.85%) Fixed Income
4 13 (48.15%) ION Trading
5 12 (44.44%) TIBCO
6 11 (40.74%) Rendezvous
6 11 (40.74%) TDD
6 11 (40.74%) ION MarketView
7 9 (33.33%) Low Latency
7 9 (33.33%) Banking
7 9 (33.33%) SQL
8 8 (29.63%) Linux
8 8 (29.63%) HTML
9 7 (25.93%) Foreign Exchange (FX)
9 7 (25.93%) UNIX
9 7 (25.93%) Windows
9 7 (25.93%) Oracle
9 7 (25.93%) Investment Banking
9 7 (25.93%) Automated Testing
9 7 (25.93%) Continuous Integration
9 7 (25.93%) Multithreading
9 7 (25.93%) BDD
10 6 (22.22%) HTML5
10 6 (22.22%) 29West
10 6 (22.22%) Fat Client
10 6 (22.22%) JavaFX
10 6 (22.22%) RESTful
10 6 (22.22%) CSS
10 6 (22.22%) Web Services
10 6 (22.22%) Swing

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

For the 6 months to 24 December 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 3 (11.11%) Oracle Coherence
2 2 (7.41%) IIS
2 2 (7.41%) Apache
2 2 (7.41%) Tomcat
2 2 (7.41%) Oracle HTTP Server
2 2 (7.41%) WebSphere
3 1 (3.70%) TIBCO EMS
Business Applications
1 11 (40.74%) ION MarketView
Communications & Networking
1 4 (14.81%) Multicast
2 3 (11.11%) SAN
3 2 (7.41%) Firewall
3 2 (7.41%) LAN
3 2 (7.41%) WAN
3 2 (7.41%) HTTP
3 2 (7.41%) TCP/IP
3 2 (7.41%) iSCSI
3 2 (7.41%) NAS
3 2 (7.41%) FCoE
3 2 (7.41%) Fibre Channel
3 2 (7.41%) F5 BIG-IP LTM
3 2 (7.41%) F5 BIG-IP GTM
4 1 (3.70%) Wireshark
Database & Business Intelligence
1 4 (14.81%) Relational Database
2 3 (11.11%) SQL Server
3 2 (7.41%) Hadoop
3 2 (7.41%) HBase
General
1 9 (33.33%) Banking
2 7 (25.93%) Investment Banking
3 5 (18.52%) Front Office
4 3 (11.11%) Finance
5 1 (3.70%) Advertising
Job Titles
1 16 (59.26%) Developer
2 15 (55.56%) Java Developer
3 7 (25.93%) Senior Java Developer
3 7 (25.93%) Senior Developer
4 5 (18.52%) Analyst
4 5 (18.52%) Java Swing Developer
5 3 (11.11%) Systems Analyst
6 2 (7.41%) Consultant
6 2 (7.41%) Solutions Architect
6 2 (7.41%) Support Analyst
6 2 (7.41%) Infrastructure Architect
6 2 (7.41%) Architect
6 2 (7.41%) Security Consultant
6 2 (7.41%) Infrastructure Solutions Architect
6 2 (7.41%) Security Engineer
7 1 (3.70%) C# .NET Developer
7 1 (3.70%) Market Data Support Engineer
7 1 (3.70%) Market Data Engineer
7 1 (3.70%) .NET Developer
7 1 (3.70%) C# Developer
Libraries, Frameworks & Software Standards
1 11 (40.74%) Rendezvous
2 8 (29.63%) HTML
3 6 (22.22%) Swing
3 6 (22.22%) CSS
3 6 (22.22%) Web Services
3 6 (22.22%) JavaFX
3 6 (22.22%) RESTful
3 6 (22.22%) HTML5
4 3 (11.11%) FIX Protocol
5 2 (7.41%) Middleware
5 2 (7.41%) XML
5 2 (7.41%) XSLT
6 1 (3.70%) JMS
6 1 (3.70%) .NET
Miscellaneous
1 14 (51.85%) Fixed Income
2 7 (25.93%) Foreign Exchange (FX)
3 6 (22.22%) Thin Client
3 6 (22.22%) Fat Client
4 2 (7.41%) Derivative
5 1 (3.70%) Computer Science
Operating Systems
1 8 (29.63%) Linux
2 7 (25.93%) UNIX
2 7 (25.93%) Windows
3 4 (14.81%) Solaris
Processes & Methodologies
1 17 (62.96%) Agile Software Development
2 11 (40.74%) TDD
3 9 (33.33%) Low Latency
4 7 (25.93%) BDD
4 7 (25.93%) Automated Testing
4 7 (25.93%) Continuous Integration
4 7 (25.93%) Multithreading
5 4 (14.81%) E-Commerce
6 3 (11.11%) Change Management
7 2 (7.41%) Risk Management
7 2 (7.41%) Benchmarking
7 2 (7.41%) Performance Tuning
7 2 (7.41%) Electronic Trading
7 2 (7.41%) Investment Management
7 2 (7.41%) Network Architecture
7 2 (7.41%) ITIL
8 1 (3.70%) Straight-Through Processing
Programming Languages
1 20 (74.07%) Java
2 9 (33.33%) SQL
3 2 (7.41%) Shell Script
3 2 (7.41%) C++
4 1 (3.70%) C#
4 1 (3.70%) JavaScript
Qualifications
1 2 (7.41%) CISSP
System Software
1 2 (7.41%) NFS
1 2 (7.41%) Xen
1 2 (7.41%) Oracle RAC
1 2 (7.41%) VMware Infrastructure
1 2 (7.41%) Hyper-V
1 2 (7.41%) SRDF
1 2 (7.41%) KVM
Vendors
1 13 (48.15%) ION Trading
2 12 (44.44%) TIBCO
3 7 (25.93%) Oracle
4 6 (22.22%) 29West
5 3 (11.11%) Sybase
5 3 (11.11%) Bloomberg
6 2 (7.41%) eSpeed
6 2 (7.41%) VMware
6 2 (7.41%) Blue Coat
6 2 (7.41%) DataSynapse
6 2 (7.41%) TippingPoint
6 2 (7.41%) Tradeweb
6 2 (7.41%) Tufin
6 2 (7.41%) F5
6 2 (7.41%) Cisco
6 2 (7.41%) IBM
6 2 (7.41%) EMC
6 2 (7.41%) Intel
6 2 (7.41%) Citrix
6 2 (7.41%) Juniper