The table below looks at the statistics 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 1 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.

Location
3 months to
1 Sep 2014
Same period 2013 Same period 2012
Reuters Market Data System (RMDS)
Rank 380 355 344
Rank change year-on-year
-25 -11
Contract jobs citing RMDS 39 63 68
As % of all contract IT jobs located in London 0.16% 0.25% 0.26%
As % of the Business Applications category 1.71% 2.81% 2.68%
Number of daily rates quoted 33 44 38
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£625 £600 £475
Average daily rate % change year-on-year
+4.16% +26.31%
90% offered a daily rate of more than £253 £560 £306
10% offered a daily rate of more than £700 £700 £550
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
2280 2242 2537
As % of all contract IT jobs located in London 9.38% 8.85% 9.73%
Number of daily rates quoted 1345 1412 1470
Average daily rate £470 £450 £475
Average daily rate % change year-on-year
+4.44% -5.26%
90% offered a daily rate of more than £316 £306 £310
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £425 £400 £438
% change year-on-year
+6.25% -8.57%
Number of hourly rates quoted 12 14 15
Average hourly rate £29.41 £17.00 £41.05
Average hourly rate % change year-on-year
+73.00% -58.58%
90% offered a hourly rate of more than £13.23 £14.50 £22.32
10% offered a hourly rate of more than £42.91 £65.00 £48.50
UK excluding London average hourly rate £31.50 £17.69 £22.66
% change year-on-year
+78.06% -21.91%

RMDS
Jobs Demand Trend in London

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.

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 1 September 2014.

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 average contractor rates quoted in IT jobs citing RMDS within the London region over the 3 months to 1 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 +2 11 £625 - 2
Docklands, London - - - -
RMDS
England

RMDS
Top 30 Related IT Skills in London

For the 6 months to 1 September 2014, 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 84 (84.00%) Java
2 58 (58.00%) Linux
3 56 (56.00%) Front Office
4 49 (49.00%) Banking
4 49 (49.00%) 29West
5 44 (44.00%) SQL
6 43 (43.00%) Foreign Exchange (FX)
7 41 (41.00%) Oracle
8 36 (36.00%) Low Latency
9 35 (35.00%) UNIX
10 28 (28.00%) Solaris
10 28 (28.00%) Risk Management
11 26 (26.00%) TIBCO
12 25 (25.00%) Reuters
12 25 (25.00%) E-Commerce
12 25 (25.00%) Finance
13 23 (23.00%) Rendezvous
13 23 (23.00%) Multithreading
14 22 (22.00%) Fixed Income
14 22 (22.00%) Oracle Coherence
15 19 (19.00%) ION Trading
16 17 (17.00%) ION MarketView
17 16 (16.00%) Investment Banking
18 14 (14.00%) Agile Software Development
19 13 (13.00%) TDD
20 12 (12.00%) Bloomberg
20 12 (12.00%) Windows
20 12 (12.00%) DevOps
21 10 (10.00%) Electronic Trading
21 10 (10.00%) BDD

RMDS
Top Related IT Skills in London by Category

For the 6 months to 1 September 2014, 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 Platforms
1 22 (22.00%) Oracle Coherence
2 7 (7.00%) Confluence
3 3 (3.00%) IIS
3 3 (3.00%) Apache
3 3 (3.00%) Tomcat
3 3 (3.00%) Oracle HTTP Server
3 3 (3.00%) WebSphere
Applications
1 4 (4.00%) MS Excel
Business Applications
1 17 (17.00%) ION MarketView
2 1 (1.00%) 3000 Xtra
2 1 (1.00%) FLEXCUBE
2 1 (1.00%) Temenos T24
Communications & Networking
1 9 (9.00%) Firewall
2 8 (8.00%) DNS
3 4 (4.00%) FTP
4 3 (3.00%) HTTP
4 3 (3.00%) LAN
4 3 (3.00%) WAN
4 3 (3.00%) SAN
4 3 (3.00%) NAS
4 3 (3.00%) FCoE
4 3 (3.00%) Fibre Channel
4 3 (3.00%) Multicast
5 2 (2.00%) iSCSI
6 1 (1.00%) CHAP
6 1 (1.00%) TCP/IP
Database & Business Intelligence
1 10 (10.00%) SQL Server
2 6 (6.00%) Relational Database
3 5 (5.00%) KDB
4 3 (3.00%) Hadoop
4 3 (3.00%) MongoDB
4 3 (3.00%) HBase
5 2 (2.00%) Hazelcast
Development Applications
1 9 (9.00%) JIRA
2 7 (7.00%) TeamCity
2 7 (7.00%) Git (software)
2 7 (7.00%) JUnit
3 4 (4.00%) Eclipse
4 2 (2.00%) IntelliJ
4 2 (2.00%) Jenkins
4 2 (2.00%) Zephyr
General
1 56 (56.00%) Front Office
2 49 (49.00%) Banking
3 25 (25.00%) Finance
4 16 (16.00%) Investment Banking
5 8 (8.00%) Financial Institution
6 3 (3.00%) Corporate Banking
7 2 (2.00%) International Banking
7 2 (2.00%) Back Office
8 1 (1.00%) Advertising
8 1 (1.00%) Retail
Job Titles
1 42 (42.00%) Developer
2 36 (36.00%) Java Developer
3 21 (21.00%) Development Manager
4 8 (8.00%) Senior Manager
4 8 (8.00%) Senior Developer
4 8 (8.00%) Analyst
4 8 (8.00%) Senior Development Manager
5 6 (6.00%) Senior Java Developer
6 5 (5.00%) Lead Java Developer
6 5 (5.00%) Data Analyst
6 5 (5.00%) Technical Specialist
6 5 (5.00%) Support Analyst
6 5 (5.00%) Lead Developer
6 5 (5.00%) Market Data Support Analyst
6 5 (5.00%) DevOps Engineer
6 5 (5.00%) Market Data Analyst
6 5 (5.00%) Market Analyst
7 4 (4.00%) Junior Support Analyst
7 4 (4.00%) Junior Analyst
7 4 (4.00%) DevOps Manager
Libraries, Frameworks & Software Standards
1 23 (23.00%) Rendezvous
2 10 (10.00%) Middleware
2 10 (10.00%) HTML
3 7 (7.00%) HTML5
4 6 (6.00%) WebSockets
5 5 (5.00%) FIX Protocol
5 5 (5.00%) JavaFX
5 5 (5.00%) CSS
5 5 (5.00%) Swing
6 4 (4.00%) Spring
7 3 (3.00%) Web Services
7 3 (3.00%) XML
7 3 (3.00%) XSLT
7 3 (3.00%) RESTful
7 3 (3.00%) Spring Integration
8 2 (2.00%) REST
8 2 (2.00%) Apache Flex
8 2 (2.00%) JMX
9 1 (1.00%) JMS
Miscellaneous
1 43 (43.00%) Foreign Exchange (FX)
2 22 (22.00%) Fixed Income
3 5 (5.00%) Derivative
3 5 (5.00%) Equity Derivative
4 4 (4.00%) Hedge funds
5 3 (3.00%) Fat Client
5 3 (3.00%) Thin Client
6 2 (2.00%) Management Information System
6 2 (2.00%) Equities
6 2 (2.00%) N-Tier
7 1 (1.00%) Visualisation
7 1 (1.00%) Computer Science
Operating Systems
1 58 (58.00%) Linux
2 35 (35.00%) UNIX
3 28 (28.00%) Solaris
4 12 (12.00%) Windows
5 2 (2.00%) Red Hat Enterprise Linux
Processes & Methodologies
1 36 (36.00%) Low Latency
2 28 (28.00%) Risk Management
3 25 (25.00%) E-Commerce
4 23 (23.00%) Multithreading
5 14 (14.00%) Agile Software Development
6 13 (13.00%) TDD
7 12 (12.00%) DevOps
8 10 (10.00%) Electronic Trading
8 10 (10.00%) BDD
8 10 (10.00%) Software Engineering
9 9 (9.00%) Automated Testing
10 8 (8.00%) Change Management
10 8 (8.00%) Continuous Integration
11 7 (7.00%) Stakeholder Management
11 7 (7.00%) Algorithmic Trading
11 7 (7.00%) Integration Testing
12 6 (6.00%) OO
13 5 (5.00%) Knowledge Management
14 4 (4.00%) OOA/OOD
14 4 (4.00%) Change Control
Programming Languages
1 84 (84.00%) Java
2 44 (44.00%) SQL
3 3 (3.00%) Python
3 3 (3.00%) JavaScript
4 2 (2.00%) Perl
4 2 (2.00%) C#
4 2 (2.00%) C++
5 1 (1.00%) C-shell
5 1 (1.00%) Bash Shell
Qualifications
1 3 (3.00%) Degree
Quality Assurance & Compliance
1 3 (3.00%) QA
System Software
1 3 (3.00%) NFS
1 3 (3.00%) Oracle RAC
1 3 (3.00%) VMware Infrastructure
1 3 (3.00%) SRDF
2 2 (2.00%) KVM
2 2 (2.00%) Hyper-V
2 2 (2.00%) Xen
Systems Management
1 1 (1.00%) Puppet
1 1 (1.00%) Opscode Chef
1 1 (1.00%) ITRS Geneos
1 1 (1.00%) Salt
Vendors
1 49 (49.00%) 29West
2 41 (41.00%) Oracle
3 26 (26.00%) TIBCO
4 25 (25.00%) Reuters
5 19 (19.00%) ION Trading
6 12 (12.00%) Bloomberg
7 7 (7.00%) MarketAxess
8 6 (6.00%) Informatica
9 4 (4.00%) Red Hat
9 4 (4.00%) VMware
10 3 (3.00%) Sybase
10 3 (3.00%) Cisco
10 3 (3.00%) IBM
10 3 (3.00%) EMC
10 3 (3.00%) Intel
10 3 (3.00%) NetApp
10 3 (3.00%) DataSynapse
11 1 (1.00%) Splunk
11 1 (1.00%) SaltStack
11 1 (1.00%) Citrix