The first table below looks at the demand for RMDS skills in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited RMDS over the 3 months to 24 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 of the Business Applications category 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.

Location
3 months to
24 May 2013
Same period 2012 Same period 2011
Reuters Market Data System (RMDS)
Rank 332 368 336
Rank change year-on-year
+36 -32
Contract jobs citing RMDS 45 47 107
As % of all contract IT jobs located in London 0.208% 0.174% 0.344%
As % of the Business Applications category 2.607% 2.142% 4.021%
Number of daily rates quoted 35 41 90
Average daily rate £600 £425 £550
Average daily rate % change year-on-year
+41.17% -22.72%
90% offered a daily rate of more than £350 £300 £350
10% offered a daily rate of more than £700 £550 £625
UK excluding London average daily rate - £550 -
Number of hourly rates quoted 3 0 1
Average hourly rate £39.51 - £62.50
UK excluding London average hourly rate - - -
All Business Applications
London
Contract IT job ads with a match in the
Business Applications category
1726 2194 2661
As % of all contract IT jobs located in London 7.970% 8.144% 8.563%
Number of daily rates quoted 1021 1194 1598
Average daily rate £450 £450 £500
Average daily rate % change year-on-year
- -10.00%
90% offered a daily rate of more than £300 £300 £325
10% offered a daily rate of more than £600 £625 £650
UK excluding London average daily rate £425 £430 £420
% change year-on-year
-1.16% +2.38%
Number of hourly rates quoted 23 7 22
Average hourly rate £32.58 £41.00 £33.50
Average hourly rate % change year-on-year
-20.53% +22.38%
90% offered a hourly rate of more than £12.40 £15.80 £11.00
10% offered a hourly rate of more than £90.00 £52.50 £62.90
UK excluding London average hourly rate £37.80 £22.50 £25.00
% change year-on-year
+68.00% -10.00%
RMDS
England

RMDS
Jobs Demand Trend

This chart provides a 3-month moving total of IT contractor jobs citing RMDS across the London region as a proportion of the total demand within the Business Applications category.

London RMDS Jobs Demand Trend

RMDS
Daily Rate Trend

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

London RMDS Daily Rate Trend

RMDS
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing RMDS across the London region over the 3 months to 24 May 2013.

London RMDS Daily Rate Histogram

RMDS
Hourly Rate Trend

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

London RMDS Hourly Rate Trend

RMDS
Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing RMDS within the London region over the 3 months to 24 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 +19 19 £563 +41.50%
Canary Wharf +7 9 £650 +44.44%
Docklands, London - 2 - -
RMDS
England

RMDS
Top 30 Related IT Skills

For the 6 months to 24 May 2013, IT contractor jobs across the London region citing RMDS 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 RMDS.

1 48 (59.26%) Java
2 44 (54.32%) Reuters
3 39 (48.15%) Linux
4 34 (41.98%) SQL Server
5 29 (35.80%) SQL
5 29 (35.80%) Finance
6 27 (33.33%) Front Office
6 27 (33.33%) Windows
6 27 (33.33%) Oracle
6 27 (33.33%) Foreign Exchange (FX)
7 26 (32.10%) Banking
8 24 (29.63%) Bloomberg
8 24 (29.63%) 29West
9 22 (27.16%) Solaris
10 20 (24.69%) C#
11 18 (22.22%) Investment Banking
12 17 (20.99%) Sybase
12 17 (20.99%) Multithreading
13 16 (19.75%) IIS
13 16 (19.75%) Citrix
13 16 (19.75%) UNIX
14 15 (18.52%) VBA
14 15 (18.52%) .NET
15 14 (17.28%) Fixed Income
15 14 (17.28%) TDD
16 13 (16.05%) Derivative
16 13 (16.05%) Complex Event Processing
17 12 (14.81%) ION MarketView
17 12 (14.81%) ION Trading
17 12 (14.81%) Benchmarking

RMDS
Top Related IT Skills by Category

For the 6 months to 24 May 2013, IT contractor jobs across the London region citing RMDS 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 RMDS. Up to 20 skills are shown per category.

Application Development
1 15 (18.52%) .NET
2 11 (13.58%) Middleware
2 11 (13.58%) HTML
2 11 (13.58%) XML
2 11 (13.58%) .NET Framework
3 10 (12.35%) WebSphere
3 10 (12.35%) WCF
3 10 (12.35%) ASP.NET
3 10 (12.35%) Struts
3 10 (12.35%) Web Services
3 10 (12.35%) Swing
4 9 (11.11%) XSLT
5 6 (7.407%) JSP
6 5 (6.173%) JSON
6 5 (6.173%) WPF
6 5 (6.173%) Silverlight
6 5 (6.173%) REST
7 3 (3.704%) J2EE
8 2 (2.469%) Java SE
8 2 (2.469%) SOAP
Application Platforms
1 16 (19.75%) IIS
2 12 (14.81%) Apache
3 10 (12.35%) WebLogic
3 10 (12.35%) MTS
4 7 (8.642%) Oracle Coherence
5 6 (7.407%) BizTalk Server
6 5 (6.173%) TIBCO EMS
Applications
1 4 (4.938%) MS Excel
Business Applications
1 12 (14.81%) ION MarketView
2 10 (12.35%) 3000 Xtra
Communications & Networking
1 10 (12.35%) NAS
1 10 (12.35%) SAN
2 7 (8.642%) Firewall
3 2 (2.469%) LAN
3 2 (2.469%) TCP/IP
Database & Business Intelligence
1 34 (41.98%) SQL Server
2 6 (7.407%) Crystal Reports
3 5 (6.173%) NoSQL
4 4 (4.938%) InterSystems Cache
5 2 (2.469%) RDBMS
5 2 (2.469%) Data Warehouse
5 2 (2.469%) InterBase
5 2 (2.469%) Sybase ASE
6 1 (1.235%) Sybase IQ
Development Applications
1 5 (6.173%) Team Foundation Server
2 2 (2.469%) Oracle APEX
General
1 29 (35.80%) Finance
2 27 (33.33%) Front Office
3 26 (32.10%) Banking
4 18 (22.22%) Investment Banking
5 4 (4.938%) Back Office
6 2 (2.469%) French Language
6 2 (2.469%) Financial Institution
6 2 (2.469%) Legal
7 1 (1.235%) Retail
Job Titles
1 28 (34.57%) Developer
2 21 (25.93%) Analyst
3 16 (19.75%) Support Analyst
4 14 (17.28%) Java Developer
5 10 (12.35%) Architect
6 9 (11.11%) Infrastructure Architect
7 7 (8.642%) Applications Support Analyst
7 7 (8.642%) Applications Support
8 6 (7.407%) Solutions Architect
8 6 (7.407%) Server Support
8 6 (7.407%) Senior Developer
8 6 (7.407%) Systems Analyst
8 6 (7.407%) Senior Java Developer
9 5 (6.173%) Business Support Analyst
9 5 (6.173%) Systems Support
9 5 (6.173%) Business Analyst
9 5 (6.173%) Infrastructure Solutions Architect
9 5 (6.173%) Trade Floor Support Analyst
10 4 (4.938%) Lead Solutions Architect
10 4 (4.938%) RAD Developer
Miscellaneous
1 27 (33.33%) Foreign Exchange (FX)
2 14 (17.28%) Fixed Income
3 13 (16.05%) Derivative
4 6 (7.407%) Equity Derivative
5 5 (6.173%) Credit Derivative
5 5 (6.173%) Grid Computing
6 4 (4.938%) Inversion of Control
7 2 (2.469%) Enterprise Software
7 2 (2.469%) Credit Risk
7 2 (2.469%) Computer Science
7 2 (2.469%) Management Information System
7 2 (2.469%) Replication
Operating Systems
1 39 (48.15%) Linux
2 27 (33.33%) Windows
3 22 (27.16%) Solaris
4 16 (19.75%) UNIX
5 3 (3.704%) Red Hat Enterprise Linux
6 2 (2.469%) Windows Server 2008
6 2 (2.469%) Windows Server 2003
Processes & Methodologies
1 17 (20.99%) Multithreading
2 14 (17.28%) TDD
3 13 (16.05%) Complex Event Processing
4 12 (14.81%) Benchmarking
5 11 (13.58%) E-Commerce
5 11 (13.58%) Risk Management
6 10 (12.35%) Refactoring
6 10 (12.35%) Agile Software Development
6 10 (12.35%) OO
7 9 (11.11%) RAD
8 7 (8.642%) ITIL
9 5 (6.173%) Requirements Analysis
9 5 (6.173%) Continuous Integration
10 4 (4.938%) Dependency Injection
10 4 (4.938%) MVVM
10 4 (4.938%) Incident Management
10 4 (4.938%) MVC
10 4 (4.938%) Scrum
11 3 (3.704%) Change Management
11 3 (3.704%) Data Modelling
Programming Languages
1 48 (59.26%) Java
2 29 (35.80%) SQL
3 20 (24.69%) C#
4 15 (18.52%) VBA
5 10 (12.35%) VB6
5 10 (12.35%) VBScript
5 10 (12.35%) VB
6 9 (11.11%) JavaScript
7 7 (8.642%) Shell Script
8 6 (7.407%) C++
9 2 (2.469%) C
9 2 (2.469%) Perl
9 2 (2.469%) PHP
Qualifications
1 6 (7.407%) Degree
2 5 (6.173%) ITIL Certification
3 2 (2.469%) HP ASE
3 2 (2.469%) PMP
3 2 (2.469%) PMI Certification
Quality Assurance & Compliance
1 6 (7.407%) Sarbanes-Oxley
2 4 (4.938%) SLA
Systems Management
1 4 (4.938%) Zenoss
2 1 (1.235%) Nagios
Vendors
1 44 (54.32%) Reuters
2 27 (33.33%) Oracle
3 24 (29.63%) Bloomberg
3 24 (29.63%) 29West
4 17 (20.99%) Sybase
5 16 (19.75%) Citrix
6 12 (14.81%) ION Trading
7 10 (12.35%) DataSynapse
7 10 (12.35%) Tradeweb
7 10 (12.35%) MarketAxess
7 10 (12.35%) Cadis
7 10 (12.35%) eSpeed
7 10 (12.35%) EMC
7 10 (12.35%) NetApp
7 10 (12.35%) Cisco
8 7 (8.642%) TIBCO
9 6 (7.407%) SunGard
9 6 (7.407%) Business Objects
10 5 (6.173%) Microsoft
11 3 (3.704%) Caplin
London
Horizon Developer A leading investment bank requires a Horizon Developer with some JAVA to work in the equity derivatives area.
ITHR 752
Rate: £650.00
Posted: 1 May 2013
City, London
The Market Connectivity Consultant will have the following skills and experience: * Market Data Platforms - Reuters RDF/RMDS, Infolect, Bloomberg, Marketlink * Interacting with Global Data Vendors or financial exchanges *...
Incisive Ltd
Rate: £400 - £500 per day
Posted: 24 May 2013