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 16 September 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
16 Sep 2014
Same period 2013 Same period 2012
MarketAxess
Rank 383 415 418
Rank change year-on-year
+32 +3
Contract jobs citing MarketAxess 32 17 6
As % of all contract IT jobs located in London 0.13% 0.068% 0.023%
As % of the Vendors category 0.29% 0.15% 0.050%
Number of daily rates quoted 26 17 5
Average daily rate
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£513 £525 £550
Average daily rate % change year-on-year
-2.38% -4.54%
90% offered a daily rate of more than £160 £525 £544
10% offered a daily rate of more than £550 £525 £590
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
11218 11594 12022
As % of all contract IT jobs located in London 45.90% 46.20% 45.44%
Number of daily rates quoted 7224 7528 7319
Average daily rate £425 £420 £425
Average daily rate % change year-on-year
+1.19% -1.17%
90% offered a daily rate of more than £250 £250 £250
10% offered a daily rate of more than £588 £580 £575
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 246 261 331
Average hourly rate £19.00 £19.50 £19.00
Average hourly rate % change year-on-year
-2.56% +2.63%
90% offered a hourly rate of more than £13.27 £13.00 £13.00
10% offered a hourly rate of more than £37.50 £48.08 £40.00
UK excluding London average hourly rate £18.00 £19.00 £18.75
% change year-on-year
-5.26% +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 16 September 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 16 September 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 - 10 £400 - 1
MarketAxess
England

MarketAxess
Top 30 Related IT Skills in London

For the 6 months to 16 September 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 39 (62.90%) Windows
1 39 (62.90%) Electronic Trading
2 37 (59.68%) Linux
2 37 (59.68%) eSpeed
2 37 (59.68%) Fixed Income
3 36 (58.06%) Reuters
3 36 (58.06%) UNIX
4 33 (53.23%) TIBCO
4 33 (53.23%) Rendezvous
5 32 (51.61%) Perl
6 29 (46.77%) SQL
7 27 (43.55%) Python
7 27 (43.55%) Project Management
8 26 (41.94%) Red Hat
8 26 (41.94%) Firewall
8 26 (41.94%) Red Hat Enterprise Linux
8 26 (41.94%) Multicast
9 25 (40.32%) ION Trading
9 25 (40.32%) Bloomberg
10 24 (38.71%) Foreign Exchange (FX)
10 24 (38.71%) Change Management
10 24 (38.71%) Low Latency
10 24 (38.71%) Capacity Management
11 12 (19.35%) Front Office
12 11 (17.74%) AppSense
12 11 (17.74%) Finance
12 11 (17.74%) SCCM
12 11 (17.74%) Salesforce.com
12 11 (17.74%) Symantec
12 11 (17.74%) SharePoint

MarketAxess
Top Related IT Skills in London by Category

For the 6 months to 16 September 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 11 (17.74%) SharePoint
1 11 (17.74%) Lync
Applications
1 1 (1.61%) MS Office
Business Applications
1 11 (17.74%) ION MarketView
2 7 (11.29%) RMDS
Communications & Networking
1 26 (41.94%) Firewall
1 26 (41.94%) Multicast
2 11 (17.74%) DHCP
2 11 (17.74%) DNS
3 2 (3.23%) SSH
Database & Business Intelligence
1 7 (11.29%) SQL Server
Development Applications
1 7 (11.29%) JUnit
2 2 (3.23%) QuickTest Pro
2 2 (3.23%) JIRA
General
1 12 (19.35%) Front Office
2 11 (17.74%) Finance
2 11 (17.74%) Banking
3 7 (11.29%) Investment Banking
4 1 (1.61%) Back Office
Job Titles
1 22 (35.48%) Applications Support
1 22 (35.48%) Linux Support
2 11 (17.74%) 2nd Line Support
3 6 (9.68%) Developer
3 6 (9.68%) Support Engineer
3 6 (9.68%) Market Data Engineer
4 5 (8.06%) Linux Engineer
4 5 (8.06%) Linux Support Engineer
4 5 (8.06%) Analyst
4 5 (8.06%) Java Developer
5 4 (6.45%) Desktop Support
5 4 (6.45%) Electronics Engineer
5 4 (6.45%) Systems Engineer
6 3 (4.84%) Test Analyst
7 2 (3.23%) Technical Analyst
8 1 (1.61%) Analyst Developer
8 1 (1.61%) Business Analyst
8 1 (1.61%) Senior Systems Engineer
8 1 (1.61%) Business Test Analyst
8 1 (1.61%) Senior Market Data Engineer
Libraries, Frameworks & Software Standards
1 33 (53.23%) Rendezvous
Miscellaneous
1 37 (59.68%) Fixed Income
2 24 (38.71%) Foreign Exchange (FX)
3 3 (4.84%) Analytical Skills
3 3 (4.84%) Equities
4 2 (3.23%) Credit Derivative
4 2 (3.23%) Hedge funds
Operating Systems
1 39 (62.90%) Windows
2 37 (59.68%) Linux
3 36 (58.06%) UNIX
4 26 (41.94%) Red Hat Enterprise Linux
5 11 (17.74%) Windows 7
5 11 (17.74%) Windows XP
Processes & Methodologies
1 39 (62.90%) Electronic Trading
2 27 (43.55%) Project Management
3 24 (38.71%) Change Management
3 24 (38.71%) Capacity Management
3 24 (38.71%) Low Latency
4 9 (14.52%) Multithreading
5 4 (6.45%) Software Deployment
6 3 (4.84%) Regression Testing
6 3 (4.84%) User Acceptance Testing
6 3 (4.84%) Test Scripting
7 2 (3.23%) System Testing
7 2 (3.23%) Asset Management
Programming Languages
1 32 (51.61%) Perl
2 29 (46.77%) SQL
3 27 (43.55%) Python
4 11 (17.74%) Java
5 6 (9.68%) Korn
Quality Assurance & Compliance
1 1 (1.61%) QA
System Software
1 5 (8.06%) Active Directory
2 1 (1.61%) VMware Infrastructure
Systems Management
1 11 (17.74%) SCCM
1 11 (17.74%) Symantec Enterprise Vault
2 2 (3.23%) HP Quality Center
3 1 (1.61%) BMC Marimba
Vendors
1 37 (59.68%) eSpeed
2 36 (58.06%) Reuters
3 33 (53.23%) TIBCO
4 26 (41.94%) Red Hat
5 25 (40.32%) ION Trading
5 25 (40.32%) Bloomberg
6 11 (17.74%) Symantec
6 11 (17.74%) Murex
6 11 (17.74%) AppSense
6 11 (17.74%) Salesforce.com
7 8 (12.90%) Trayport
8 7 (11.29%) Altiris
8 7 (11.29%) Oracle
9 4 (6.45%) Tradeweb
10 2 (3.23%) Sun
11 1 (1.61%) Citrix
11 1 (1.61%) Remedy
11 1 (1.61%) VMware
City of London
Huxley Associates
Rate: £450 - £600 per day + competitive
Posted: 18 days ago