The table below looks at the statistics for knowledge and experience of MarketAxess products and/or services in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited MarketAxess over the 3 months to 1 October 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.

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

Location
3 months to
1 Oct 2014
Same period 2013 Same period 2012
MarketAxess
Rank 386 401 416
Rank change year-on-year
+15 +15
Contract jobs citing MarketAxess 28 22 5
As % of all contract IT jobs located in London 0.12% 0.087% 0.019%
As % of the Vendors category 0.25% 0.19% 0.043%
Number of daily rates quoted 23 22 4
Average daily rate
Keep up to 90%
of your Daily Rate
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£450 £525 £545
Average daily rate % change year-on-year
-14.28% -3.66%
90% offered a daily rate of more than £160 £525 £460
10% offered a daily rate of more than £550 £525 £585
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
MarketAxess
England

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

Vendors Category
London
Contract IT job ads with a match in the
Vendors category
11031 11581 11746
As % of all contract IT jobs located in London 45.52% 45.91% 45.79%
Number of daily rates quoted 7245 7566 7184
Average daily rate £425 £425 £425
90% offered a daily rate of more than £240 £250 £250
10% offered a daily rate of more than £575 £600 £590
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 244 240 321
Average hourly rate £19.00 £19.50 £19.13
Average hourly rate % change year-on-year
-2.56% +1.96%
90% offered a hourly rate of more than £13.09 £13.00 £12.50
10% offered a hourly rate of more than £37.50 £45.00 £41.93
UK excluding London average hourly rate £19.00 £18.50 £18.75
% change year-on-year
+2.70% -1.33%

MarketAxess
Jobs Demand Trend in London

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

MarketAxess Jobs Demand Trend in London

MarketAxess
Daily Rate Trend in London

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

MarketAxess Daily Rate Trend in London

MarketAxess
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing MarketAxess across the London region over the 3 months to 1 October 2014.

MarketAxess Daily Rate Histogram in London

MarketAxess
Hourly Rate Trend in London

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

MarketAxess Hourly Rate Trend in London

MarketAxess
Contract Job Locations in London

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing MarketAxess within the London region over the 3 months to 1 October 2014. 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
City of London - 9 £400 -
MarketAxess
England

MarketAxess
Top 30 Related IT Skills in London

For the 6 months to 1 October 2014, IT contractor jobs across the London 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 37 (66.07%) Windows
2 35 (62.50%) eSpeed
2 35 (62.50%) Electronic Trading
3 33 (58.93%) Linux
4 32 (57.14%) UNIX
5 31 (55.36%) Reuters
6 30 (53.57%) Perl
6 30 (53.57%) Fixed Income
7 28 (50.00%) TIBCO
7 28 (50.00%) Rendezvous
8 27 (48.21%) SQL
9 25 (44.64%) Python
10 24 (42.86%) Project Management
11 23 (41.07%) Bloomberg
11 23 (41.07%) Red Hat
11 23 (41.07%) Firewall
11 23 (41.07%) Red Hat Enterprise Linux
11 23 (41.07%) Multicast
12 22 (39.29%) Low Latency
12 22 (39.29%) ION Trading
13 21 (37.50%) Change Management
13 21 (37.50%) Foreign Exchange (FX)
13 21 (37.50%) Capacity Management
14 12 (21.43%) SCCM
14 12 (21.43%) AppSense
14 12 (21.43%) Symantec
14 12 (21.43%) Salesforce.com
14 12 (21.43%) SharePoint
14 12 (21.43%) Windows XP
14 12 (21.43%) DHCP

MarketAxess
Top Related IT Skills in London by Category

For the 6 months to 1 October 2014, IT contractor jobs across the London 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 12 (21.43%) SharePoint
1 12 (21.43%) Lync
Applications
1 1 (1.79%) MS Office
Business Applications
1 7 (12.50%) ION MarketView
2 5 (8.93%) RMDS
Communications & Networking
1 23 (41.07%) Firewall
1 23 (41.07%) Multicast
2 12 (21.43%) DHCP
2 12 (21.43%) DNS
3 2 (3.57%) SSH
Database & Business Intelligence
1 5 (8.93%) SQL Server
Development Applications
1 5 (8.93%) JUnit
General
1 11 (19.64%) Finance
2 9 (16.07%) Banking
2 9 (16.07%) Front Office
3 5 (8.93%) Investment Banking
4 1 (1.79%) Back Office
Job Titles
1 20 (35.71%) Applications Support
2 19 (33.93%) Linux Support
3 12 (21.43%) 2nd Line Support
4 6 (10.71%) Support Engineer
4 6 (10.71%) Market Data Engineer
5 5 (8.93%) Linux Support Engineer
5 5 (8.93%) Linux Engineer
6 4 (7.14%) Systems Engineer
6 4 (7.14%) Desktop Support
6 4 (7.14%) Developer
6 4 (7.14%) Electronics Engineer
6 4 (7.14%) Java Developer
7 2 (3.57%) Technical Analyst
7 2 (3.57%) Analyst
8 1 (1.79%) Senior Market Data Engineer
8 1 (1.79%) Senior Systems Engineer
Libraries, Frameworks & Software Standards
1 28 (50.00%) Rendezvous
Miscellaneous
1 30 (53.57%) Fixed Income
2 21 (37.50%) Foreign Exchange (FX)
3 3 (5.36%) Equities
4 2 (3.57%) Hedge funds
5 1 (1.79%) Credit Derivative
5 1 (1.79%) Derivative
5 1 (1.79%) Reference Data
Operating Systems
1 37 (66.07%) Windows
2 33 (58.93%) Linux
3 32 (57.14%) UNIX
4 23 (41.07%) Red Hat Enterprise Linux
5 12 (21.43%) Windows XP
5 12 (21.43%) Windows 7
Processes & Methodologies
1 35 (62.50%) Electronic Trading
2 24 (42.86%) Project Management
3 22 (39.29%) Low Latency
4 21 (37.50%) Change Management
4 21 (37.50%) Capacity Management
5 7 (12.50%) Multithreading
6 4 (7.14%) Software Deployment
7 2 (3.57%) Asset Management
8 1 (1.79%) Risk Management
Programming Languages
1 30 (53.57%) Perl
2 27 (48.21%) SQL
3 25 (44.64%) Python
4 9 (16.07%) Java
5 6 (10.71%) Korn
System Software
1 5 (8.93%) Active Directory
2 1 (1.79%) VMware Infrastructure
Systems Management
1 12 (21.43%) SCCM
1 12 (21.43%) Symantec Enterprise Vault
2 1 (1.79%) ITRS Geneos
2 1 (1.79%) Control-M
2 1 (1.79%) Nagios
2 1 (1.79%) BMC Marimba
Vendors
1 35 (62.50%) eSpeed
2 31 (55.36%) Reuters
3 28 (50.00%) TIBCO
4 23 (41.07%) Bloomberg
4 23 (41.07%) Red Hat
5 22 (39.29%) ION Trading
6 12 (21.43%) AppSense
6 12 (21.43%) Symantec
6 12 (21.43%) Salesforce.com
6 12 (21.43%) Murex
7 8 (14.29%) Altiris
7 8 (14.29%) Trayport
8 5 (8.93%) Tradeweb
8 5 (8.93%) Oracle
9 1 (1.79%) Remedy
9 1 (1.79%) Citrix
9 1 (1.79%) VMware