The table below looks at the statistics for RMDS skills in IT contracts advertised for the London region. Included is a guide to the contractor rates offered in IT contracts that have cited RMDS over the 3 months to 10 December 2016 with a comparison to the same period over 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.

3 months to
10 Dec 2016
Same period 2015 Same period 2014
Reuters Market Data System (RMDS)
Rank 392 415 390
Rank change year-on-year
+23 -25
Contract jobs citing RMDS 28 12 31
As % of all contract IT jobs located in London 0.13% 0.053% 0.13%
As % of the Business Applications category 1.66% 0.67% 1.42%
Number of daily rates quoted 26 7 27
Median daily rate £650 £600 £550
Median daily rate % change year-on-year
+8.33% +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 - - -
RMDS
England

The following table is for comparison with the above and provides statistics for the entire Business Applications category in contract jobs advertised in the London region.

Business Applications Category
London
Contract IT job ads with a match in the
Business Applications category
1685 1784 2184
As % of all contract IT jobs located in London 7.85% 7.94% 9.30%
Number of daily rates quoted 1189 1062 1463
Median daily rate £475 £450 £455
Median daily rate % change year-on-year
+5.55% -1.09%
90% offered a daily rate of more than £327 £317 £300
10% offered a daily rate of more than £650 £611 £625
UK excluding London median daily rate £425 £425 £425
Number of hourly rates quoted 12 19 11
Median hourly rate £15.00 £23.13 £45.50
Median hourly rate % change year-on-year
-35.14% -49.16%
90% offered a hourly rate of more than £5.00 £17.50 £13.50
10% offered a hourly rate of more than £89.75 £87.25 £105.00
UK excluding London median hourly rate £23.00 £38.00 £19.00
% change year-on-year
-39.47% +100.00%

RMDS
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing RMDS as a proportion of all IT contracts with a match in the Business Applications category.

RMDS Jobs Demand Trend in London

RMDS
Daily Rate Trend in London

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

RMDS Daily Rate Trend in London

RMDS
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing RMDS across the London region over the 3 months to 10 December 2016.

RMDS Daily Rate Histogram in London

RMDS
Hourly Rate Trend in London

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

RMDS Hourly Rate Trend in London

RMDS
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing RMDS within the London region over the 3 months to 10 December 2016. 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 see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London -11 5 £650 +4.00%
RMDS
England

RMDS
Top 30 Related IT Skills in London

For the 6 months to 10 December 2016, IT contractor jobs citing RMDS 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 RMDS.

1 44 (88.00%) TIBCO
2 42 (84.00%) Rendezvous
2 42 (84.00%) Front Office
2 42 (84.00%) Electronic Trading
3 40 (80.00%) Reuters
4 38 (76.00%) Oracle
5 32 (64.00%) FIX Protocol
6 30 (60.00%) Fixed Income
7 29 (58.00%) SQL Server
8 25 (50.00%) Multithreading
9 24 (48.00%) ION Trading
10 23 (46.00%) Linux
11 22 (44.00%) Unix
12 20 (40.00%) Java
13 18 (36.00%) Windows
13 18 (36.00%) Python
13 18 (36.00%) Foreign Exchange (FX)
14 17 (34.00%) TCP/IP
14 17 (34.00%) JUnit
15 14 (28.00%) SQL
15 14 (28.00%) Analytical Skills
16 12 (24.00%) Oracle Workflow
16 12 (24.00%) Workflow
16 12 (24.00%) C++
16 12 (24.00%) Degree
16 12 (24.00%) Market Making
17 11 (22.00%) C#
18 10 (20.00%) Algorithmic Trading
18 10 (20.00%) Currenex
18 10 (20.00%) FXall

RMDS
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:

Application Platforms
1 12 (24.00%) Oracle Workflow
2 2 (4.00%) Apache
3 1 (2.00%) Oracle Coherence
Business Applications
1 3 (6.00%) ION MarketView
Communications & Networking
1 17 (34.00%) TCP/IP
2 3 (6.00%) LDAP
2 3 (6.00%) NAS
2 3 (6.00%) SAN
3 2 (4.00%) LAN
Database & Business Intelligence
1 29 (58.00%) SQL Server
2 3 (6.00%) MySQL
2 3 (6.00%) Oracle Reports
3 1 (2.00%) InfluxDB
3 1 (2.00%) Relational Database
3 1 (2.00%) SQL Server 2008
Development Applications
1 17 (34.00%) JUnit
2 2 (4.00%) Git (software)
2 2 (4.00%) Maven
2 2 (4.00%) Oracle APEX
3 1 (2.00%) Grunt
3 1 (2.00%) gulp
3 1 (2.00%) NUnit
3 1 (2.00%) Subversion
3 1 (2.00%) Visual Studio
General
1 42 (84.00%) Front Office
2 6 (12.00%) Finance
3 3 (6.00%) Banking
4 1 (2.00%) Investment Banking
Job Titles
1 30 (60.00%) Developer
2 18 (36.00%) Electronic Trading Developer
2 18 (36.00%) Java Developer
3 17 (34.00%) Electronic Trading Java Developer
4 13 (26.00%) Analyst
4 13 (26.00%) FX Support Analyst
4 13 (26.00%) Support Analyst
5 12 (24.00%) Electronic Trading Support
5 12 (24.00%) Real Time Developer
5 12 (24.00%) Unix Analyst
5 12 (24.00%) Unix Support
5 12 (24.00%) Unix Support Analyst
6 11 (22.00%) C# Developer
6 11 (22.00%) SQL Analyst
6 11 (22.00%) SQL Support Analyst
7 10 (20.00%) 1st/2nd Line Support
7 10 (20.00%) 1st/2nd Line Support Analyst
7 10 (20.00%) 2nd Line Support
7 10 (20.00%) 2nd Line Support Analyst
7 10 (20.00%) Front Office Developer
Libraries, Frameworks & Software Standards
1 42 (84.00%) Rendezvous
2 32 (64.00%) FIX Protocol
3 7 (14.00%) WinForms
4 3 (6.00%) .NET
4 3 (6.00%) HTML
5 2 (4.00%) Ajax
5 2 (4.00%) Middleware
5 2 (4.00%) SOAP
5 2 (4.00%) Web Services
5 2 (4.00%) XHTML
5 2 (4.00%) XML
6 1 (2.00%) AngularJS
6 1 (2.00%) CSS
6 1 (2.00%) HTML5
6 1 (2.00%) REST
6 1 (2.00%) Spring
6 1 (2.00%) TIBCO EMS
6 1 (2.00%) Ultra Messaging
6 1 (2.00%) WCF
6 1 (2.00%) WPF
Miscellaneous
1 30 (60.00%) Fixed Income
2 18 (36.00%) Foreign Exchange (FX)
3 14 (28.00%) Analytical Skills
4 6 (12.00%) Credit Derivative
4 6 (12.00%) Derivative
5 5 (10.00%) SCADA
6 2 (4.00%) Computer Science
6 2 (4.00%) Fintech
6 2 (4.00%) User Experience
7 1 (2.00%) Enterprise Software
7 1 (2.00%) Equities
7 1 (2.00%) Inversion of Control
7 1 (2.00%) Mathematics
Operating Systems
1 23 (46.00%) Linux
2 22 (44.00%) Unix
3 18 (36.00%) Windows
4 3 (6.00%) Red Hat Enterprise Linux
4 3 (6.00%) Solaris
Processes & Methodologies
1 42 (84.00%) Electronic Trading
2 25 (50.00%) Multithreading
3 12 (24.00%) Market Making
3 12 (24.00%) Workflow
4 10 (20.00%) Algorithmic Trading
5 8 (16.00%) Multithreaded Programming
6 5 (10.00%) Migration
6 5 (10.00%) Project Management
7 4 (8.00%) Incident Management
7 4 (8.00%) Knowledge Management
7 4 (8.00%) Problem Management
8 3 (6.00%) Change Management
9 2 (4.00%) Agile Software Development
9 2 (4.00%) Continuous Delivery
9 2 (4.00%) Data Management
9 2 (4.00%) ITIL
9 2 (4.00%) OO
9 2 (4.00%) PRINCE2
9 2 (4.00%) Software Engineering
9 2 (4.00%) TDD
Programming Languages
1 20 (40.00%) Java
2 18 (36.00%) Python
3 14 (28.00%) SQL
4 12 (24.00%) C++
5 11 (22.00%) C#
6 5 (10.00%) Shell Script
7 3 (6.00%) JavaScript
8 2 (4.00%) C
8 2 (4.00%) Perl
8 2 (4.00%) PHP
9 1 (2.00%) Clojure
9 1 (2.00%) Haskell
9 1 (2.00%) Rust
Qualifications
1 12 (24.00%) Degree
2 2 (4.00%) PMP
System Software
1 3 (6.00%) Active Directory
1 3 (6.00%) NFS
2 1 (2.00%) Docker
2 1 (2.00%) VMware Infrastructure
Systems Management
1 3 (6.00%) Red Hat Spacewalk
2 2 (4.00%) Thomson Reuters DACS
3 1 (2.00%) ITRS Geneos
3 1 (2.00%) Puppet
Vendors
1 44 (88.00%) TIBCO
2 40 (80.00%) Reuters
3 38 (76.00%) Oracle
4 24 (48.00%) ION Trading
5 10 (20.00%) Currenex
5 10 (20.00%) FXall
6 5 (10.00%) Sun
6 5 (10.00%) Sybase
7 4 (8.00%) Microsoft
8 3 (6.00%) VMware
9 2 (4.00%) Splunk
10 1 (2.00%) Informatica
10 1 (2.00%) StreamBase