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 29 May 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
29 May 2016
Same period 2015 Same period 2014
MarketAxess
Rank - 421 390
Contract jobs citing MarketAxess 0 4 32
As % of all contract IT jobs located in London - 0.017% 0.14%
As % of the Vendors category - 0.039% 0.32%
Number of daily rates quoted 0 3 29
Median daily rate - £600 £550
Median daily rate % change year-on-year
- +9.09%
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
8992 10200 10091
As % of all contract IT jobs located in London 41.34% 44.41% 43.70%
Number of daily rates quoted 6189 6688 6570
Median daily rate £450 £425 £425
Median daily rate % change year-on-year
+5.88% -
90% offered a daily rate of more than £275 £255 £250
10% offered a daily rate of more than £600 £600 £579
UK excluding London median daily rate £380 £369 £350
% change year-on-year
+2.98% +5.42%
Number of hourly rates quoted 115 259 210
Median hourly rate £19.00 £19.88 £19.00
Median hourly rate % change year-on-year
-4.40% +4.60%
90% offered a hourly rate of more than £12.50 £13.09 £13.50
10% offered a hourly rate of more than £43.00 £50.00 £30.00
UK excluding London median hourly rate £20.00 £18.00 £17.25
% change year-on-year
+11.11% +4.34%

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 24 Related IT Skills in London

For the 6 months to 29 May 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 3 (100.00%) Perl
1 3 (100.00%) SQL
1 3 (100.00%) Unix
1 3 (100.00%) Windows
1 3 (100.00%) Linux
1 3 (100.00%) Python
1 3 (100.00%) Foreign Exchange (FX)
1 3 (100.00%) Red Hat
1 3 (100.00%) TIBCO
1 3 (100.00%) Rendezvous
1 3 (100.00%) Reuters
1 3 (100.00%) Project Management
1 3 (100.00%) eSpeed
1 3 (100.00%) Change Management
1 3 (100.00%) Firewall
1 3 (100.00%) Fixed Income
1 3 (100.00%) FIX Protocol
1 3 (100.00%) Electronic Trading
1 3 (100.00%) Red Hat Enterprise Linux
1 3 (100.00%) Capacity Management
1 3 (100.00%) Low Latency
1 3 (100.00%) Multicast
1 3 (100.00%) Eurex
1 3 (100.00%) Currenex

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:

Communications & Networking
1 3 (100.00%) Firewall
1 3 (100.00%) Multicast
Job Titles
1 3 (100.00%) Electronics Engineer
1 3 (100.00%) Linux Engineer
1 3 (100.00%) Linux Scripter
1 3 (100.00%) TIBCO Engineer
Libraries, Frameworks & Software Standards
1 3 (100.00%) FIX Protocol
1 3 (100.00%) Rendezvous
Miscellaneous
1 3 (100.00%) Eurex
1 3 (100.00%) Fixed Income
1 3 (100.00%) Foreign Exchange (FX)
Operating Systems
1 3 (100.00%) Linux
1 3 (100.00%) Red Hat Enterprise Linux
1 3 (100.00%) Unix
1 3 (100.00%) Windows
Processes & Methodologies
1 3 (100.00%) Capacity Management
1 3 (100.00%) Change Management
1 3 (100.00%) Electronic Trading
1 3 (100.00%) Low Latency
1 3 (100.00%) Project Management
Programming Languages
1 3 (100.00%) Perl
1 3 (100.00%) Python
1 3 (100.00%) SQL
Vendors
1 3 (100.00%) Currenex
1 3 (100.00%) eSpeed
1 3 (100.00%) Red Hat
1 3 (100.00%) Reuters
1 3 (100.00%) TIBCO