The table below looks at the statistics for knowledge and experience of Tradeweb products and/or services in IT contracts advertised for the London region. Included is a guide to the contractor rates offered in IT contracts that have cited Tradeweb over the 3 months to 30 May 2016 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.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within Tradeweb Markets LLC.

3 months to
30 May 2016
Same period 2015 Same period 2014
Tradeweb
Rank 413 407 425
Rank change year-on-year
-6 +18
Contract jobs citing Tradeweb 4 13 6
As % of all contract IT jobs located in London 0.018% 0.057% 0.026%
As % of the Vendors category 0.045% 0.13% 0.059%
Number of daily rates quoted 4 10 4
Median daily rate £700 £588 £563
Median daily rate % change year-on-year
+19.14% +4.44%
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Tradeweb
England

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

Vendors Category
London
Contract IT job ads with a match in the
Vendors category
8951 10042 10203
As % of all contract IT jobs located in London 41.29% 44.38% 43.65%
Number of daily rates quoted 6184 6597 6642
Median daily rate £450 £425 £425
Median daily rate % change year-on-year
+5.88% -
90% offered a daily rate of more than £275 £251 £250
10% offered a daily rate of more than £600 £600 £580
UK excluding London median daily rate £380 £369 £350
% change year-on-year
+2.98% +5.42%
Number of hourly rates quoted 111 257 214
Median hourly rate £19.00 £19.88 £19.00
Median hourly rate % change year-on-year
-4.40% +4.60%
90% offered a hourly rate of more than £12.50 £13.09 £13.50
10% offered a hourly rate of more than £43.25 £50.00 £30.00
UK excluding London median hourly rate £20.00 £18.00 £17.00
% change year-on-year
+11.11% +5.88%

Tradeweb
Jobs Demand Trend in London

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

Tradeweb Jobs Demand Trend in London

Tradeweb
Daily Rate Trend in London

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

Tradeweb Daily Rate Trend in London

Tradeweb
Top 21 Related IT Skills in London

For the 6 months to 30 May 2016, IT contractor jobs citing Tradeweb 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 Tradeweb.

1 8 (100.00%) Bloomberg
1 8 (100.00%) Front Office
1 8 (100.00%) ION Trading
2 7 (87.50%) Banking
2 7 (87.50%) Investment Banking
3 6 (75.00%) SQL
4 5 (62.50%) ION MarketView
5 4 (50.00%) Fixed Income
6 3 (37.50%) Back Office
6 3 (37.50%) Murex
7 2 (25.00%) Derivative
8 1 (12.50%) FIX Protocol
8 1 (12.50%) User Acceptance Testing
8 1 (12.50%) Electronic Trading
8 1 (12.50%) Migration
8 1 (12.50%) Java
8 1 (12.50%) ITIL
8 1 (12.50%) Unix
8 1 (12.50%) Windows
8 1 (12.50%) Analytical Skills
8 1 (12.50%) Credit Derivative

Tradeweb
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:

Business Applications
1 5 (62.50%) ION MarketView
General
1 8 (100.00%) Front Office
2 7 (87.50%) Banking
2 7 (87.50%) Investment Banking
3 3 (37.50%) Back Office
Job Titles
1 6 (75.00%) Analyst
1 6 (75.00%) Support Analyst
2 1 (12.50%) Production Support Analyst
2 1 (12.50%) Systems Support
Libraries, Frameworks & Software Standards
1 1 (12.50%) FIX Protocol
Miscellaneous
1 4 (50.00%) Fixed Income
2 2 (25.00%) Derivative
3 1 (12.50%) Analytical Skills
3 1 (12.50%) Credit Derivative
Operating Systems
1 1 (12.50%) Unix
1 1 (12.50%) Windows
Processes & Methodologies
1 1 (12.50%) Electronic Trading
1 1 (12.50%) ITIL
1 1 (12.50%) Migration
1 1 (12.50%) User Acceptance Testing
Programming Languages
1 6 (75.00%) SQL
2 1 (12.50%) Java
Vendors
1 8 (100.00%) Bloomberg
1 8 (100.00%) ION Trading
2 3 (37.50%) Murex