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 contractor rates offered in IT contracts that have cited MarketAxess over the 3 months to 3 December 2016 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.

3 months to
3 Dec 2016
Same period 2015 Same period 2014
MarketAxess
Rank 435 422 415
Rank change year-on-year
-13 -7
Contract jobs citing MarketAxess 1 2 11
As % of all contract IT jobs located in London 0.005% 0.009% 0.046%
As % of the Vendors category 0.011% 0.022% 0.10%
Number of daily rates quoted 0 1 3
Median daily rate - £403 £180
Median daily rate % change year-on-year
- +123.61%
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
9202 9111 10592
As % of all contract IT jobs located in London 43.09% 40.31% 44.04%
Number of daily rates quoted 6113 6037 7235
Median daily rate £450 £425 £418
Median daily rate % change year-on-year
+5.88% +1.79%
90% offered a daily rate of more than £270 £255 £225
10% offered a daily rate of more than £600 £600 £580
UK excluding London median daily rate £388 £380 £363
% change year-on-year
+1.97% +4.82%
Number of hourly rates quoted 157 161 263
Median hourly rate £19.75 £20.00 £17.87
Median hourly rate % change year-on-year
-1.25% +11.95%
90% offered a hourly rate of more than £13.00 £12.27 £12.50
10% offered a hourly rate of more than £55.00 £50.00 £37.50
UK excluding London median hourly rate £17.00 £18.00 £17.00
% change year-on-year
-5.55% +5.88%

MarketAxess
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing MarketAxess as a proportion of all IT contracts with a match in 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
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
Top 30 Related IT Skills in London

For the 6 months to 3 December 2016, IT contractor jobs citing MarketAxess also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for MarketAxess.

1 4 (100.00%) Fixed Income
1 4 (100.00%) Electronic Trading
2 3 (75.00%) Bloomberg
2 3 (75.00%) FIX Protocol
3 2 (50.00%) FXall
3 2 (50.00%) Foreign Exchange (FX)
3 2 (50.00%) E-Commerce
3 2 (50.00%) MS Office
3 2 (50.00%) Front Office
3 2 (50.00%) Bloomberg TOMS
4 1 (25.00%) Robot Framework
4 1 (25.00%) Scrum
4 1 (25.00%) Tradeweb
4 1 (25.00%) Test Automation
4 1 (25.00%) Agile Software Development
4 1 (25.00%) Banking
4 1 (25.00%) Subversion
4 1 (25.00%) Maven
4 1 (25.00%) Investment Banking
4 1 (25.00%) Derivative
4 1 (25.00%) Unix
4 1 (25.00%) OO
4 1 (25.00%) Python
4 1 (25.00%) Java
4 1 (25.00%) SQL
4 1 (25.00%) SQL Server
4 1 (25.00%) DB2
4 1 (25.00%) JMS
4 1 (25.00%) OOD
4 1 (25.00%) B2C

MarketAxess
Top Related IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 2 (50.00%) MS Office
Business Applications
1 2 (50.00%) Bloomberg TOMS
Database & Business Intelligence
1 1 (25.00%) DB2
1 1 (25.00%) SQL Server
Development Applications
1 1 (25.00%) Maven
1 1 (25.00%) Robot Framework
1 1 (25.00%) Subversion
General
1 2 (50.00%) Front Office
2 1 (25.00%) Banking
2 1 (25.00%) Investment Banking
Job Titles
1 1 (25.00%) Client Services Manager
1 1 (25.00%) Developer
1 1 (25.00%) E-Commerce Manager
1 1 (25.00%) Electronic Trading Developer
1 1 (25.00%) Electronic Trading Java Developer
1 1 (25.00%) Electronic Trading Support
1 1 (25.00%) Java Developer
1 1 (25.00%) Service Manager
1 1 (25.00%) Test Automation Developer
Libraries, Frameworks & Software Standards
1 3 (75.00%) FIX Protocol
2 1 (25.00%) JMS
2 1 (25.00%) Middleware
Miscellaneous
1 4 (100.00%) Fixed Income
2 2 (50.00%) Foreign Exchange (FX)
3 1 (25.00%) Derivative
Operating Systems
1 1 (25.00%) Unix
Processes & Methodologies
1 4 (100.00%) Electronic Trading
2 2 (50.00%) E-Commerce
3 1 (25.00%) Agile Software Development
3 1 (25.00%) B2C
3 1 (25.00%) OO
3 1 (25.00%) OOD
3 1 (25.00%) Scrum
3 1 (25.00%) Test Automation
Programming Languages
1 1 (25.00%) Java
1 1 (25.00%) Python
1 1 (25.00%) SQL
Vendors
1 3 (75.00%) Bloomberg
2 2 (50.00%) FXall
3 1 (25.00%) TIBCO
3 1 (25.00%) Tradeweb