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 31 March 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 Mar 2015
Same period 2014 Same period 2013
MarketAxess
Rank 389 396 359
Rank change year-on-year
+7 -37
Contract jobs citing MarketAxess 14 12 18
As % of all contract IT jobs located in London 0.064% 0.052% 0.086%
As % of the Vendors category 0.14% 0.12% 0.19%
Number of daily rates quoted 12 11 17
Average daily rate
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of your Daily Rate
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£600 £500 £520
Average daily rate % change year-on-year
+20.00% -3.84%
90% offered a daily rate of more than £550 £425 £500
10% offered a daily rate of more than £743 £550 £650
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
9755 10130 9507
As % of all contract IT jobs located in London 44.51% 44.04% 45.55%
Number of daily rates quoted 6379 6539 6097
Average daily rate £425 £425 £425
90% offered a daily rate of more than £260 £250 £250
10% offered a daily rate of more than £575 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 209 225 229
Average hourly rate £19.00 £18.70 £19.00
Average hourly rate % change year-on-year
+1.60% -1.57%
90% offered a hourly rate of more than £13.09 £14.00 £12.00
10% offered a hourly rate of more than £43.25 £37.50 £40.75
UK excluding London average hourly rate £17.00 £17.50 £18.00
% change year-on-year
-2.85% -2.77%

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 31 March 2015.

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 31 March 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
City of London +16 3 £630 +26.00%
MarketAxess
England

MarketAxess
Top 30 Related IT Skills in London

For the 6 months to 31 March 2015, 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 17 (73.91%) SQL
2 15 (65.22%) Fixed Income
3 14 (60.87%) Tradeweb
3 14 (60.87%) Linux
3 14 (60.87%) UNIX
3 14 (60.87%) Bloomberg
4 13 (56.52%) Python
4 13 (56.52%) Perl
5 12 (52.17%) TIBCO
6 11 (47.83%) Front Office
6 11 (47.83%) Low Latency
7 10 (43.48%) Finance
7 10 (43.48%) Electronic Trading
7 10 (43.48%) eSpeed
8 9 (39.13%) Windows
8 9 (39.13%) Derivative
8 9 (39.13%) Credit Derivative
9 8 (34.78%) Banking
9 8 (34.78%) Firewall
9 8 (34.78%) Red Hat Enterprise Linux
9 8 (34.78%) Reuters
9 8 (34.78%) Rendezvous
9 8 (34.78%) Red Hat
9 8 (34.78%) Multicast
10 7 (30.43%) Eurex
10 7 (30.43%) Project Management
10 7 (30.43%) FIX Protocol
11 6 (26.09%) Change Management
11 6 (26.09%) Risk Management
11 6 (26.09%) ION Trading

MarketAxess
Top Related IT Skills in London by Category

For the 6 months to 31 March 2015, 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 2 (8.70%) MTS
2 1 (4.35%) SharePoint
2 1 (4.35%) Lync
Applications
1 1 (4.35%) Spreadsheet
Business Applications
1 4 (17.39%) ION MarketView
2 2 (8.70%) Bloomberg TOMS
Communications & Networking
1 8 (34.78%) Firewall
1 8 (34.78%) Multicast
2 1 (4.35%) DHCP
2 1 (4.35%) DNS
Database & Business Intelligence
1 4 (17.39%) DB2
1 4 (17.39%) Relational Database
Development Applications
1 4 (17.39%) Maven
General
1 11 (47.83%) Front Office
2 10 (43.48%) Finance
3 8 (34.78%) Banking
4 5 (21.74%) Investment Banking
Job Titles
1 7 (30.43%) Applications Support
2 6 (26.09%) Analyst
2 6 (26.09%) Linux Engineer
3 5 (21.74%) Support Analyst
4 4 (17.39%) Developer
4 4 (17.39%) Java Developer
4 4 (17.39%) Applications Support Analyst
5 1 (4.35%) Technical Analyst
5 1 (4.35%) 2nd Line Support
Libraries, Frameworks & Software Standards
1 8 (34.78%) Rendezvous
2 7 (30.43%) FIX Protocol
3 4 (17.39%) JMS
3 4 (17.39%) Middleware
Miscellaneous
1 15 (65.22%) Fixed Income
2 9 (39.13%) Credit Derivative
2 9 (39.13%) Derivative
3 7 (30.43%) Eurex
4 6 (26.09%) Foreign Exchange (FX)
5 1 (4.35%) Reference Data
Operating Systems
1 14 (60.87%) UNIX
1 14 (60.87%) Linux
2 9 (39.13%) Windows
3 8 (34.78%) Red Hat Enterprise Linux
4 1 (4.35%) Windows 7
4 1 (4.35%) Windows XP
Processes & Methodologies
1 11 (47.83%) Low Latency
2 10 (43.48%) Electronic Trading
3 7 (30.43%) Project Management
4 6 (26.09%) Change Management
4 6 (26.09%) Risk Management
4 6 (26.09%) Capacity Management
5 4 (17.39%) Multithreading
5 4 (17.39%) E-Commerce
6 2 (8.70%) OOD
6 2 (8.70%) SOA
6 2 (8.70%) BCP
6 2 (8.70%) UML
6 2 (8.70%) OO
7 1 (4.35%) Straight-Through Processing
7 1 (4.35%) Incident Management
Programming Languages
1 17 (73.91%) SQL
2 13 (56.52%) Python
2 13 (56.52%) Perl
3 4 (17.39%) Java
Systems Management
1 1 (4.35%) Control-M
1 1 (4.35%) Nagios
1 1 (4.35%) SCCM
1 1 (4.35%) Symantec Enterprise Vault
1 1 (4.35%) ITRS Geneos
Vendors
1 14 (60.87%) Bloomberg
1 14 (60.87%) Tradeweb
2 12 (52.17%) TIBCO
3 10 (43.48%) eSpeed
4 8 (34.78%) Reuters
4 8 (34.78%) Red Hat
5 6 (26.09%) Currenex
5 6 (26.09%) ION Trading
6 1 (4.35%) Altiris
6 1 (4.35%) Murex
6 1 (4.35%) Salesforce.com
6 1 (4.35%) AppSense
6 1 (4.35%) Symantec