The table below looks at the statistics for knowledge and experience of MarketAxess products and/or services in IT contracts advertised for the England region. Included is a guide to the average contractor rates offered in IT contracts that have cited MarketAxess over the 3 months to 31 July 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 MarketAxess.

Location
3 months to
31 Jul 2015
Same period 2014 Same period 2013
MarketAxess
Rank 587 540 548
Rank change year-on-year
-47 +8
Contract jobs citing MarketAxess 8 30 8
As % of all contract IT jobs located in England 0.016% 0.061% 0.017%
As % of the Vendors category 0.035% 0.14% 0.037%
Number of daily rates quoted 8 23 8
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£600 £550 £513
Average daily rate % change year-on-year
+9.09% +7.31%
90% offered a daily rate of more than £535 £198 £500
10% offered a daily rate of more than £615 £550 £525
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
MarketAxess
UK

The following table is for comparison with the above and provides statistics for the entire Vendors category in contract jobs advertised in the England region.

Vendors Category
England
Contract IT job ads with a match in the
Vendors category
22641 22172 21543
As % of all contract IT jobs located in England 43.94% 44.92% 46.27%
Number of daily rates quoted 13646 12517 11993
Average daily rate £400 £388 £388
Average daily rate % change year-on-year
+3.22% -
90% offered a daily rate of more than £225 £220 £225
10% offered a daily rate of more than £550 £550 £550
UK excluding London average daily rate £368 £350 £350
% change year-on-year
+5.00% -
Number of hourly rates quoted 990 998 1118
Average hourly rate £18.71 £18.00 £20.00
Average hourly rate % change year-on-year
+3.94% -10.00%
90% offered a hourly rate of more than £11.00 £11.00 £11.31
10% offered a hourly rate of more than £43.48 £37.50 £41.50
UK excluding London average hourly rate £18.50 £17.50 £19.48
% change year-on-year
+5.71% -10.16%

MarketAxess
Jobs Demand Trend in England

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

MarketAxess Jobs Demand Trend in England

MarketAxess
Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing MarketAxess across the England region.

MarketAxess Daily Rate Trend in England

MarketAxess
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing MarketAxess across the England region over the 3 months to 31 July 2015.

MarketAxess Daily Rate Histogram in England

MarketAxess
Hourly Rate Trend in England

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing MarketAxess across the England region.

MarketAxess Hourly Rate Trend in England

MarketAxess
Contract Job Locations in England

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing MarketAxess within the England region over the 3 months to 31 July 2015. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -24 8 £600 +9.09%
MarketAxess
UK

MarketAxess
Top 30 Related IT Skills in England

For the 6 months to 31 July 2015, IT contractor jobs across the England region citing MarketAxess 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 MarketAxess.

1 12 (75.00%) Fixed Income
2 11 (68.75%) UNIX
2 11 (68.75%) Electronic Trading
3 10 (62.50%) ION MarketView
3 10 (62.50%) Windows
3 10 (62.50%) Linux
3 10 (62.50%) Perl
3 10 (62.50%) SQL
3 10 (62.50%) Python
3 10 (62.50%) eSpeed
3 10 (62.50%) ION Trading
3 10 (62.50%) FIX Protocol
4 9 (56.25%) Firewall
4 9 (56.25%) Red Hat
4 9 (56.25%) Reuters
4 9 (56.25%) Low Latency
4 9 (56.25%) Multicast
4 9 (56.25%) Red Hat Enterprise Linux
5 8 (50.00%) Eurex
5 8 (50.00%) Currenex
5 8 (50.00%) Capacity Management
5 8 (50.00%) Foreign Exchange (FX)
5 8 (50.00%) Project Management
5 8 (50.00%) Change Management
6 7 (43.75%) Tradeweb
7 5 (31.25%) Front Office
7 5 (31.25%) Bloomberg
8 4 (25.00%) TIBCO
8 4 (25.00%) Rendezvous
8 4 (25.00%) Finance

MarketAxess
Top Related IT Skills in England by Category

For the 6 months to 31 July 2015, IT contractor jobs across the England region citing MarketAxess 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 MarketAxess. Up to 20 skills are shown per category.

Application Platforms
1 2 (12.50%) MTS
Applications
1 1 (6.25%) Spreadsheet
Business Applications
1 10 (62.50%) ION MarketView
2 2 (12.50%) Bloomberg TOMS
2 2 (12.50%) thinkFolio
Communications & Networking
1 9 (56.25%) Firewall
1 9 (56.25%) Multicast
Database & Business Intelligence
1 1 (6.25%) Relational Database
General
1 5 (31.25%) Front Office
2 4 (25.00%) Finance
3 3 (18.75%) Banking
4 2 (12.50%) Investment Banking
Job Titles
1 5 (31.25%) Applications Support
2 3 (18.75%) Linux Engineer
3 2 (12.50%) Analyst
3 2 (12.50%) Support Analyst
4 1 (6.25%) Applications Support Analyst
Libraries, Frameworks & Software Standards
1 10 (62.50%) FIX Protocol
2 4 (25.00%) Rendezvous
Miscellaneous
1 12 (75.00%) Fixed Income
2 8 (50.00%) Eurex
2 8 (50.00%) Foreign Exchange (FX)
3 1 (6.25%) Data Centre
3 1 (6.25%) Credit Derivative
3 1 (6.25%) Derivative
Operating Systems
1 11 (68.75%) UNIX
2 10 (62.50%) Windows
2 10 (62.50%) Linux
3 9 (56.25%) Red Hat Enterprise Linux
Processes & Methodologies
1 11 (68.75%) Electronic Trading
2 9 (56.25%) Low Latency
3 8 (50.00%) Capacity Management
3 8 (50.00%) Project Management
3 8 (50.00%) Change Management
4 2 (12.50%) Risk Management
4 2 (12.50%) UML
4 2 (12.50%) OO
4 2 (12.50%) OOD
4 2 (12.50%) SOA
4 2 (12.50%) BCP
5 1 (6.25%) Asset Management
5 1 (6.25%) Data Management
5 1 (6.25%) Incident Management
5 1 (6.25%) Straight-Through Processing
5 1 (6.25%) Portfolio Management
5 1 (6.25%) Mentoring
Programming Languages
1 10 (62.50%) Perl
1 10 (62.50%) SQL
1 10 (62.50%) Python
Vendors
1 10 (62.50%) eSpeed
1 10 (62.50%) ION Trading
2 9 (56.25%) Red Hat
2 9 (56.25%) Reuters
3 8 (50.00%) Currenex
4 7 (43.75%) Tradeweb
5 5 (31.25%) Bloomberg
6 4 (25.00%) TIBCO