The table below looks at the statistics for knowledge and experience of Tradeweb 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 Tradeweb over the 3 months to 22 May 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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within Tradeweb Markets LLC.

Location
3 months to
22 May 2015
Same period 2014 Same period 2013
Tradeweb
Rank 188 197 206
Rank change year-on-year
+9 +9
Contract jobs citing Tradeweb 4 4 4
As % of all contract IT jobs located in the City of London 0.074% 0.067% 0.062%
As % of the Vendors category 0.17% 0.15% 0.14%
Number of daily rates quoted 2 3 3
Average daily rate
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£575 £500 £625
Average daily rate % change year-on-year
+15.00% -20.00%
90% offered a daily rate of more than £515 £252 £545
10% offered a daily rate of more than £635 £640 £645
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Tradeweb
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
2309 2667 2893
As % of all contract IT jobs located in the City of London 42.55% 44.61% 45.00%
Number of daily rates quoted 1714 1881 2035
Average daily rate £425 £425 £430
Average daily rate % change year-on-year
- -1.16%
90% offered a daily rate of more than £260 £263 £275
10% offered a daily rate of more than £600 £600 £575
UK excluding London average daily rate £370 £350 £350
% change year-on-year
+5.71% -
Number of hourly rates quoted 60 40 105
Average hourly rate £17.98 £21.00 £23.38
Average hourly rate % change year-on-year
-14.38% -10.16%
90% offered a hourly rate of more than £12.50 £12.90 £12.00
10% offered a hourly rate of more than £25.00 £27.50 £135.00
UK excluding London average hourly rate £18.00 £17.50 £19.00
% change year-on-year
+2.85% -7.89%

Tradeweb
Jobs Demand Trend in the City of London

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

Tradeweb Jobs Demand Trend in the City of London

Tradeweb
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 Tradeweb across the City of London region.

Tradeweb Daily Rate Trend in the City of London

Tradeweb
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Tradeweb across the City of London region over the 3 months to 22 May 2015.

Tradeweb Daily Rate Histogram in the City of London

Tradeweb
Top 30 Related IT Skills in the City of London

For the 6 months to 22 May 2015, IT contractor jobs across the City of London region citing Tradeweb 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 Tradeweb.

1 4 (80.00%) Fixed Income
1 4 (80.00%) Bloomberg
2 3 (60.00%) Electronic Trading
3 2 (40.00%) Reference Data
3 2 (40.00%) MarketAxess
3 2 (40.00%) Market Making
3 2 (40.00%) Front Office
3 2 (40.00%) Finance
3 2 (40.00%) Unit Testing
3 2 (40.00%) OO
3 2 (40.00%) MTS
3 2 (40.00%) OOD
4 1 (20.00%) SOA
4 1 (20.00%) Middleware
4 1 (20.00%) C++
4 1 (20.00%) Java
4 1 (20.00%) UNIX
4 1 (20.00%) UML
4 1 (20.00%) ION Trading
4 1 (20.00%) Data Management
4 1 (20.00%) Spring
4 1 (20.00%) Business Development
4 1 (20.00%) FIX Protocol
4 1 (20.00%) thinkFolio
4 1 (20.00%) Multithreading
4 1 (20.00%) eSpeed
4 1 (20.00%) ION MarketView
4 1 (20.00%) Portfolio Management
4 1 (20.00%) Straight-Through Processing
4 1 (20.00%) Low Latency

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

For the 6 months to 22 May 2015, IT contractor jobs across the City of London region citing Tradeweb 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 Tradeweb. Up to 20 skills are shown per category.

Application Platforms
1 2 (40.00%) MTS
Business Applications
1 1 (20.00%) thinkFolio
1 1 (20.00%) ION MarketView
General
1 2 (40.00%) Front Office
1 2 (40.00%) Finance
Job Titles
1 3 (60.00%) Developer
2 1 (20.00%) Java Developer
2 1 (20.00%) C++ Developer
2 1 (20.00%) Real Time Developer
2 1 (20.00%) Applications Support
Libraries, Frameworks & Software Standards
1 1 (20.00%) Middleware
1 1 (20.00%) Spring
1 1 (20.00%) FIX Protocol
Miscellaneous
1 4 (80.00%) Fixed Income
2 2 (40.00%) Reference Data
Operating Systems
1 1 (20.00%) UNIX
Processes & Methodologies
1 3 (60.00%) Electronic Trading
2 2 (40.00%) Market Making
2 2 (40.00%) Unit Testing
2 2 (40.00%) OO
2 2 (40.00%) OOD
3 1 (20.00%) SOA
3 1 (20.00%) UML
3 1 (20.00%) Data Management
3 1 (20.00%) Business Development
3 1 (20.00%) Multithreading
3 1 (20.00%) Portfolio Management
3 1 (20.00%) Straight-Through Processing
3 1 (20.00%) Low Latency
Programming Languages
1 1 (20.00%) C++
1 1 (20.00%) Java
Vendors
1 4 (80.00%) Bloomberg
2 2 (40.00%) MarketAxess
3 1 (20.00%) ION Trading
3 1 (20.00%) eSpeed
City, London
McGregor Boyall
Rate: £650 per day
Posted: Yesterday