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 8 February 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.

Location
3 months to
8 Feb 2016
Same period 2015 Same period 2014
MarketAxess
Rank 406 407 393
Rank change year-on-year
+1 -14
Contract jobs citing MarketAxess 2 11 20
As % of all contract IT jobs located in London 0.009% 0.052% 0.093%
As % of the Vendors category 0.023% 0.11% 0.21%
Number of daily rates quoted 2 9 18
Average daily rate £600 £600 £525
Average daily rate % change year-on-year
- +14.28%
UK excluding London average daily rate - £70 -
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
8628 9599 9652
As % of all contract IT jobs located in London 40.75% 45.22% 44.67%
Number of daily rates quoted 5672 6395 6184
Average daily rate £433 £425 £415
Average daily rate % change year-on-year
+1.76% +2.40%
90% offered a daily rate of more than £250 £250 £250
10% offered a daily rate of more than £600 £575 £600
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 148 197 214
Average hourly rate £22.50 £19.00 £18.70
Average hourly rate % change year-on-year
+18.42% +1.60%
90% offered a hourly rate of more than £12.00 £12.60 £13.50
10% offered a hourly rate of more than £50.00 £35.80 £34.63
UK excluding London average hourly rate £22.50 £17.40 £16.50
% change year-on-year
+29.31% +5.45%

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
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 8 February 2016, 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 8 (100.00%) Electronic Trading
2 7 (87.50%) Perl
2 7 (87.50%) Windows
3 6 (75.00%) Trayport
4 5 (62.50%) Tradeweb
4 5 (62.50%) Software Deployment
4 5 (62.50%) Finance
5 4 (50.00%) Korn
5 4 (50.00%) Subversion
5 4 (50.00%) Eclipse
5 4 (50.00%) Active Directory
5 4 (50.00%) Project Management
6 3 (37.50%) Banking
7 2 (25.00%) Fixed Income
7 2 (25.00%) FIX Protocol
7 2 (25.00%) Investment Banking
7 2 (25.00%) Change Management
7 2 (25.00%) Firewall
7 2 (25.00%) eSpeed
7 2 (25.00%) Foreign Exchange (FX)
7 2 (25.00%) Red Hat
7 2 (25.00%) TIBCO
7 2 (25.00%) Rendezvous
7 2 (25.00%) Reuters
7 2 (25.00%) Linux
7 2 (25.00%) Python
7 2 (25.00%) SQL
7 2 (25.00%) Unix
7 2 (25.00%) Capacity Management
7 2 (25.00%) Red Hat Enterprise Linux

MarketAxess
Top Related IT Skills in London by Category

For the 6 months to 8 February 2016, 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.

Communications & Networking
1 2 (25.00%) Firewall
1 2 (25.00%) Multicast
Development Applications
1 4 (50.00%) Eclipse
1 4 (50.00%) Subversion
General
1 5 (62.50%) Finance
2 3 (37.50%) Banking
3 2 (25.00%) Investment Banking
Job Titles
1 6 (75.00%) Electronics Engineer
2 4 (50.00%) Analyst
2 4 (50.00%) Electronic Trading Support
2 4 (50.00%) Support Analyst
2 4 (50.00%) Systems Engineer
3 3 (37.50%) Data Analyst
3 3 (37.50%) Market Analyst
3 3 (37.50%) Market Data Analyst
3 3 (37.50%) Market Data Support Analyst
4 2 (25.00%) Analyst Developer
4 2 (25.00%) Banking Analyst
4 2 (25.00%) Electronic Trading Developer
4 2 (25.00%) Linux Engineer
4 2 (25.00%) Linux Scripter
4 2 (25.00%) Market Data Developer
4 2 (25.00%) Market Data Engineer
4 2 (25.00%) Market Data Support Engineer
4 2 (25.00%) Support Engineer
4 2 (25.00%) Systems Support Engineer
4 2 (25.00%) TIBCO Engineer
Libraries, Frameworks & Software Standards
1 2 (25.00%) FIX Protocol
1 2 (25.00%) Rendezvous
Miscellaneous
1 2 (25.00%) Eurex
1 2 (25.00%) Fixed Income
1 2 (25.00%) Foreign Exchange (FX)
Operating Systems
1 7 (87.50%) Windows
2 2 (25.00%) Linux
2 2 (25.00%) Red Hat Enterprise Linux
2 2 (25.00%) Unix
Processes & Methodologies
1 8 (100.00%) Electronic Trading
2 5 (62.50%) Software Deployment
3 4 (50.00%) Project Management
4 2 (25.00%) Capacity Management
4 2 (25.00%) Change Management
4 2 (25.00%) Low Latency
Programming Languages
1 7 (87.50%) Perl
2 4 (50.00%) Korn
3 2 (25.00%) Python
3 2 (25.00%) SQL
System Software
1 4 (50.00%) Active Directory
Vendors
1 6 (75.00%) Trayport
2 5 (62.50%) Tradeweb
3 2 (25.00%) Currenex
3 2 (25.00%) eSpeed
3 2 (25.00%) Red Hat
3 2 (25.00%) Reuters
3 2 (25.00%) TIBCO