The first table below looks at the demand 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 20 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Vendors for the London region.

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
20 May 2013
Same period 2012 Same period 2011
MarketAxess
Rank 369 388 411
Rank change year-on-year
+19 +23
Contract jobs citing MarketAxess 12 14 23
As % of all contract IT jobs located in London 0.055% 0.052% 0.075%
As % of the Vendors category 0.122% 0.117% 0.166%
Number of daily rates quoted 12 10 20
Average daily rate £500 £400 £650
Average daily rate % change year-on-year
+25.00% -38.46%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Vendors
London
Contract IT job ads with a match in the
Vendors category
9803 11923 13860
As % of all contract IT jobs located in London 45.19% 44.40% 45.17%
Number of daily rates quoted 6187 7228 8368
Average daily rate £425 £425 £450
Average daily rate % change year-on-year
- -5.55%
90% offered a daily rate of more than £260 £270 £285
10% offered a daily rate of more than £575 £600 £625
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 289 289 401
Average hourly rate £21.34 £20.00 £20.00
Average hourly rate % change year-on-year
+6.67% -
90% offered a hourly rate of more than £12.50 £12.50 £12.50
10% offered a hourly rate of more than £45.00 £35.50 £39.65
UK excluding London average hourly rate £19.00 £19.00 £20.00
% change year-on-year
- -5.00%
MarketAxess
England

MarketAxess
Jobs Demand Trend

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.

London MarketAxess Jobs Demand Trend

MarketAxess
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing MarketAxess across the London region.

London MarketAxess Daily Rate Trend

MarketAxess
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing MarketAxess across the London region over the 3 months to 20 May 2013.

London MarketAxess Daily Rate Histogram

MarketAxess
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing MarketAxess across the London region.

London MarketAxess Hourly Rate Trend

MarketAxess
Contract Locations

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 20 May 2013. 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
(Click each for more statistics)
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
City of London +10 1 £650 +62.50%
MarketAxess
England

MarketAxess
Top 30 Related IT Skills

For the 6 months to 20 May 2013, 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 25 (100.00%) Reuters
1 25 (100.00%) eSpeed
2 24 (96.00%) Fixed Income
3 17 (68.00%) UNIX
4 15 (60.00%) Change Management
4 15 (60.00%) Firewall
5 14 (56.00%) Project Management
5 14 (56.00%) Windows
5 14 (56.00%) Linux
5 14 (56.00%) Perl
5 14 (56.00%) SQL
5 14 (56.00%) Python
5 14 (56.00%) Red Hat
5 14 (56.00%) TIBCO
5 14 (56.00%) Rendezvous
5 14 (56.00%) Electronic Trading
5 14 (56.00%) Red Hat Enterprise Linux
5 14 (56.00%) Capacity Management
6 11 (44.00%) Tradeweb
6 11 (44.00%) Bloomberg
7 10 (40.00%) OO
7 10 (40.00%) Swing
7 10 (40.00%) MTS
7 10 (40.00%) Agile Software Development
7 10 (40.00%) TDD
7 10 (40.00%) Banking
7 10 (40.00%) ION Trading
7 10 (40.00%) RMDS
7 10 (40.00%) Java
7 10 (40.00%) Refactoring

MarketAxess
Top Related IT Skills by Category

For the 6 months to 20 May 2013, 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 Development
1 10 (40.00%) Swing
2 3 (12.00%) J2EE
Application Platforms
1 14 (56.00%) Rendezvous
2 10 (40.00%) MTS
Business Applications
1 10 (40.00%) RMDS
1 10 (40.00%) ION MarketView
Communications & Networking
1 15 (60.00%) Firewall
Database & Business Intelligence
1 3 (12.00%) SQL Server
General
1 10 (40.00%) Banking
2 7 (28.00%) Investment Banking
3 3 (12.00%) Finance
Job Titles
1 14 (56.00%) Linux Engineer
2 8 (32.00%) Developer
2 8 (32.00%) Java Developer
3 3 (12.00%) Senior Java Developer
3 3 (12.00%) Senior Developer
Miscellaneous
1 24 (96.00%) Fixed Income
2 1 (4.000%) Blackberry
Operating Systems
1 17 (68.00%) UNIX
2 14 (56.00%) Windows
2 14 (56.00%) Linux
2 14 (56.00%) Red Hat Enterprise Linux
Processes & Methodologies
1 15 (60.00%) Change Management
2 14 (56.00%) Electronic Trading
2 14 (56.00%) Project Management
2 14 (56.00%) Capacity Management
3 10 (40.00%) OO
3 10 (40.00%) Agile Software Development
3 10 (40.00%) TDD
3 10 (40.00%) Refactoring
3 10 (40.00%) Multithreading
4 1 (4.000%) Knowledge Management
4 1 (4.000%) ITIL
4 1 (4.000%) Workflow
4 1 (4.000%) Change Control
Programming Languages
1 14 (56.00%) Perl
1 14 (56.00%) SQL
1 14 (56.00%) Python
2 10 (40.00%) Java
Vendors
1 25 (100.00%) Reuters
1 25 (100.00%) eSpeed
2 14 (56.00%) Red Hat
2 14 (56.00%) TIBCO
3 11 (44.00%) Bloomberg
3 11 (44.00%) Tradeweb
4 10 (40.00%) ION Trading
5 3 (12.00%) Sybase
6 1 (4.000%) Sun
6 1 (4.000%) Radianz
6 1 (4.000%) CQG