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 1 October 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
1 Oct 2016
Same period 2015 Same period 2014
Reuters Market Data System (RMDS)
Rank 411 432 388
Rank change year-on-year
+21 -44
Contract jobs citing RMDS 28 14 39
As % of all contract IT jobs located in London 0.12% 0.060% 0.16%
As % of the Business Applications category 1.63% 0.75% 1.57%
Number of daily rates quoted 27 10 33
Median daily rate £500 £625 £625
Median daily rate % change year-on-year
-20.00% -
90% offered a daily rate of more than £465 £385 £563
10% offered a daily rate of more than £650 £631 £700
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
1722 1855 2484
As % of all contract IT jobs located in London 7.63% 8.00% 10.08%
Number of daily rates quoted 1161 1124 1590
Median daily rate £475 £450 £466
Median daily rate % change year-on-year
+5.55% -3.43%
90% offered a daily rate of more than £330 £280 £320
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £425 £425 £425
% change year-on-year
+0.11% -0.11%
Number of hourly rates quoted 8 16 13
Median hourly rate £17.50 £32.50 £24.75
Median hourly rate % change year-on-year
-46.15% +31.31%
90% offered a hourly rate of more than £5.00 £17.80 £13.00
10% offered a hourly rate of more than £35.75 £93.00 £39.02
UK excluding London median hourly rate £36.00 £17.50 £34.00
% change year-on-year
+105.71% -48.52%

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 1 October 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 1 October 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 +26 7 £500 -20.00%
RMDS
England

RMDS
Top 30 Related IT Skills in London

For the 6 months to 1 October 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 43 (82.69%) Electronic Trading
2 42 (80.77%) TIBCO
2 42 (80.77%) Front Office
3 41 (78.85%) SQL Server
4 40 (76.92%) Rendezvous
4 40 (76.92%) Reuters
5 37 (71.15%) Oracle
6 30 (57.69%) FIX Protocol
7 27 (51.92%) Fixed Income
8 24 (46.15%) Analytical Skills
9 23 (44.23%) ION Trading
10 20 (38.46%) Foreign Exchange (FX)
10 20 (38.46%) Python
11 19 (36.54%) TCP/IP
12 18 (34.62%) Unix
12 18 (34.62%) Windows
13 17 (32.69%) Linux
13 17 (32.69%) Java
13 17 (32.69%) C#
14 16 (30.77%) SQL
15 14 (26.92%) .NET
15 14 (26.92%) Microsoft
15 14 (26.92%) User Experience
16 13 (25.00%) Visual Studio
16 13 (25.00%) NUnit
16 13 (25.00%) MVVM
16 13 (25.00%) Multithreading
17 12 (23.08%) Degree
17 12 (23.08%) JUnit
17 12 (23.08%) Market Making

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 9 (17.31%) Oracle Workflow
2 1 (1.92%) Apache
2 1 (1.92%) Oracle Coherence
Applications
1 2 (3.85%) MS Excel
Business Applications
1 1 (1.92%) ION MarketView
Communications & Networking
1 19 (36.54%) TCP/IP
2 3 (5.77%) SSL
2 3 (5.77%) VPN
3 1 (1.92%) LAN
Database & Business Intelligence
1 41 (78.85%) SQL Server
2 1 (1.92%) InfluxDB
2 1 (1.92%) Relational Database
2 1 (1.92%) SQL Server 2008
Development Applications
1 13 (25.00%) NUnit
1 13 (25.00%) Visual Studio
2 12 (23.08%) JUnit
3 4 (7.69%) Subversion
4 2 (3.85%) Git (software)
4 2 (3.85%) Maven
5 1 (1.92%) Grunt
5 1 (1.92%) gulp
5 1 (1.92%) Oracle APEX
General
1 42 (80.77%) Front Office
2 7 (13.46%) Finance
3 3 (5.77%) Telecoms
4 2 (3.85%) Banking
5 1 (1.92%) Investment Banking
Job Titles
1 26 (50.00%) Developer
2 21 (40.38%) Electronic Trading Developer
3 18 (34.62%) Analyst
4 13 (25.00%) FX Support Analyst
4 13 (25.00%) Java Developer
4 13 (25.00%) Support Analyst
5 12 (23.08%) C# Developer
5 12 (23.08%) Electronic Trading Java Developer
5 12 (23.08%) Electronic Trading Support
5 12 (23.08%) Unix Analyst
5 12 (23.08%) Unix Support
5 12 (23.08%) Unix Support Analyst
6 11 (21.15%) SQL Analyst
6 11 (21.15%) SQL Support Analyst
7 10 (19.23%) 1st/2nd Line Support
7 10 (19.23%) 1st/2nd Line Support Analyst
7 10 (19.23%) 2nd Line Support
7 10 (19.23%) 2nd Line Support Analyst
8 9 (17.31%) C# Developer - Electronic Trading
8 9 (17.31%) Real Time Developer
Libraries, Frameworks & Software Standards
1 40 (76.92%) Rendezvous
2 30 (57.69%) FIX Protocol
3 14 (26.92%) .NET
4 6 (11.54%) WPF
5 2 (3.85%) HTML
5 2 (3.85%) Middleware
6 1 (1.92%) Ajax
6 1 (1.92%) AngularJS
6 1 (1.92%) CSS
6 1 (1.92%) HTML5
6 1 (1.92%) RequireJS
6 1 (1.92%) REST
6 1 (1.92%) SOAP
6 1 (1.92%) Spring
6 1 (1.92%) TIBCO EMS
6 1 (1.92%) Ultra Messaging
6 1 (1.92%) WCF
6 1 (1.92%) Web Services
6 1 (1.92%) XHTML
6 1 (1.92%) XML
Miscellaneous
1 27 (51.92%) Fixed Income
2 24 (46.15%) Analytical Skills
3 20 (38.46%) Foreign Exchange (FX)
4 14 (26.92%) User Experience
5 5 (9.62%) SCADA
5 5 (9.62%) SWIFT
6 4 (7.69%) Derivative
7 3 (5.77%) Credit Derivative
8 2 (3.85%) Computer Science
9 1 (1.92%) Enterprise Software
9 1 (1.92%) Equities
9 1 (1.92%) Equity Derivative
9 1 (1.92%) Inversion of Control
9 1 (1.92%) Mathematics
Operating Systems
1 18 (34.62%) Unix
1 18 (34.62%) Windows
2 17 (32.69%) Linux
Processes & Methodologies
1 43 (82.69%) Electronic Trading
2 13 (25.00%) Multithreading
2 13 (25.00%) MVVM
3 12 (23.08%) Market Making
4 10 (19.23%) Algorithmic Trading
5 9 (17.31%) Workflow
6 5 (9.62%) Migration
6 5 (9.62%) Project Management
7 4 (7.69%) E-Commerce
7 4 (7.69%) Incident Management
7 4 (7.69%) Knowledge Management
7 4 (7.69%) Problem Management
7 4 (7.69%) User Acceptance Testing
8 3 (5.77%) API Integration
9 2 (3.85%) Agile Software Development
9 2 (3.85%) Continuous Delivery
9 2 (3.85%) Continuous Integration
9 2 (3.85%) OO
9 2 (3.85%) TDD
10 1 (1.92%) Integration Testing
Programming Languages
1 20 (38.46%) Python
2 17 (32.69%) C#
2 17 (32.69%) Java
3 16 (30.77%) SQL
4 9 (17.31%) C++
5 5 (9.62%) XAML
6 2 (3.85%) JavaScript
7 1 (1.92%) C
7 1 (1.92%) Clojure
7 1 (1.92%) Haskell
7 1 (1.92%) Perl
7 1 (1.92%) PHP
7 1 (1.92%) Rust
7 1 (1.92%) Shell Script
Qualifications
1 12 (23.08%) Degree
2 1 (1.92%) PMP
System Software
1 1 (1.92%) Docker
Systems Management
1 3 (5.77%) BladeLogic
2 1 (1.92%) ITRS Geneos
2 1 (1.92%) Puppet
2 1 (1.92%) Thomson Reuters DACS
Vendors
1 42 (80.77%) TIBCO
2 40 (76.92%) Reuters
3 37 (71.15%) Oracle
4 23 (44.23%) ION Trading
5 14 (26.92%) Microsoft
6 10 (19.23%) Currenex
6 10 (19.23%) FXall
7 5 (9.62%) Sun
8 4 (7.69%) Splunk
9 3 (5.77%) Radianz
10 1 (1.92%) Informatica
10 1 (1.92%) StreamBase
10 1 (1.92%) Sybase