The first table below looks at the demand for knowledge and experience of Tradeweb products and/or services in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Tradeweb over the 3 months to 25 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Vendors 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.

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

Location
3 months to
25 Jul 2014
Same period 2013 Same period 2012
Tradeweb
Rank 398 393 394
Rank change year-on-year
-5 +1
Contract jobs citing Tradeweb 13 21 21
As % of all contract IT jobs located in London 0.055% 0.087% 0.080%
As % of the Vendors category 0.12% 0.19% 0.18%
Number of daily rates quoted 11 20 12
Average daily rate
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of your Daily Rate
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£450 £525 £550
Average daily rate % change year-on-year
-14.28% -4.54%
90% offered a daily rate of more than £251 £400 £541
10% offered a daily rate of more than £515 £525 £648
UK excluding London average daily rate - - £125
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Vendors Category
London
Contract IT job ads with a match in the
Vendors category
10577 11119 11854
As % of all contract IT jobs located in London 44.80% 45.86% 45.06%
Number of daily rates quoted 6686 7078 7131
Average daily rate £425 £425 £410
Average daily rate % change year-on-year
- +3.65%
90% offered a daily rate of more than £235 £255 £250
10% offered a daily rate of more than £575 £575 £575
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 223 291 331
Average hourly rate £19.00 £21.50 £20.00
Average hourly rate % change year-on-year
-11.62% +7.50%
90% offered a hourly rate of more than £12.50 £12.54 £13.00
10% offered a hourly rate of more than £34.35 £48.00 £35.50
UK excluding London average hourly rate £17.50 £19.50 £19.00
% change year-on-year
-10.25% +2.63%
Tradeweb
England

Tradeweb
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing Tradeweb across the London region as a proportion of the total demand within 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
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Tradeweb across the London region over the 3 months to 25 July 2014.

Tradeweb Daily Rate Histogram in London

Tradeweb
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 Tradeweb within the London region over the 3 months to 25 July 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 - 3 £251 - 1
Tradeweb
England

Tradeweb
Top 30 Related IT Skills in London

For the 6 months to 25 July 2014, IT contractor jobs across the London region citing Tradeweb 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 Tradeweb.

1 15 (68.18%) Front Office
1 15 (68.18%) ION Trading
2 14 (63.64%) Finance
3 13 (59.09%) Bloomberg
4 12 (54.55%) Fixed Income
5 11 (50.00%) Credit Derivative
5 11 (50.00%) Banking
6 10 (45.45%) Investment Banking
7 9 (40.91%) Degree
7 9 (40.91%) C++
7 9 (40.91%) Java
7 9 (40.91%) Electronic Trading
8 7 (31.82%) Middleware
8 7 (31.82%) Derivative
8 7 (31.82%) Equities
9 6 (27.27%) Computer Science
9 6 (27.27%) Algorithmic Trading
9 6 (27.27%) Foreign Exchange (FX)
9 6 (27.27%) Scala
10 5 (22.73%) Back Office
11 4 (18.18%) Workflow
11 4 (18.18%) Interest Rate Derivative
11 4 (18.18%) Business Analysis
11 4 (18.18%) FpML
11 4 (18.18%) SQL
12 3 (13.64%) T-SQL
12 3 (13.64%) UNIX
12 3 (13.64%) Linux
12 3 (13.64%) MS Excel
12 3 (13.64%) C#

Tradeweb
Top Related IT Skills in London by Category

For the 6 months to 25 July 2014, IT contractor jobs across the London region citing Tradeweb 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 Tradeweb. Up to 20 skills are shown per category.

Application Platforms
1 2 (9.09%) MTS
1 2 (9.09%) TIBCO EMS
2 1 (4.55%) MS Exchange
2 1 (4.55%) Blackberry Enterprise Server
Applications
1 3 (13.64%) MS Excel
2 1 (4.55%) MS Office
Business Applications
1 2 (9.09%) ION MarketView
1 2 (9.09%) Bloomberg TOMS
Communications & Networking
1 1 (4.55%) HTTP
Database & Business Intelligence
1 2 (9.09%) SQL Server
1 2 (9.09%) KDB
Development Applications
1 2 (9.09%) JUnit
1 2 (9.09%) Mockito
General
1 15 (68.18%) Front Office
2 14 (63.64%) Finance
3 11 (50.00%) Banking
4 10 (45.45%) Investment Banking
5 5 (22.73%) Back Office
6 2 (9.09%) Legal
Job Titles
1 10 (45.45%) Analyst
2 7 (31.82%) Business Analyst
3 3 (13.64%) Developer
3 3 (13.64%) Java Developer
3 3 (13.64%) Investment Banking Business Analyst
4 2 (9.09%) Administrator
4 2 (9.09%) Technical Administrator
5 1 (4.55%) Credit Risk Analyst
5 1 (4.55%) Senior Analyst
5 1 (4.55%) Technical Analyst
5 1 (4.55%) Senior Test Analyst
5 1 (4.55%) Desktop Analyst
5 1 (4.55%) Test Analyst
5 1 (4.55%) Applications Support
Libraries, Frameworks & Software Standards
1 7 (31.82%) Middleware
2 4 (18.18%) FpML
3 2 (9.09%) Spring
3 2 (9.09%) Rendezvous
4 1 (4.55%) XML
Miscellaneous
1 12 (54.55%) Fixed Income
2 11 (50.00%) Credit Derivative
3 7 (31.82%) Derivative
3 7 (31.82%) Equities
4 6 (27.27%) Foreign Exchange (FX)
4 6 (27.27%) Computer Science
5 4 (18.18%) Interest Rate Derivative
6 3 (13.64%) DTCC
7 1 (4.55%) Blackberry
7 1 (4.55%) Credit Risk
Operating Systems
1 3 (13.64%) UNIX
1 3 (13.64%) Linux
2 1 (4.55%) Windows 7
2 1 (4.55%) Windows
Processes & Methodologies
1 9 (40.91%) Electronic Trading
2 6 (27.27%) Algorithmic Trading
3 4 (18.18%) Business Analysis
3 4 (18.18%) Workflow
4 3 (13.64%) Validation
4 3 (13.64%) Capacity Planning
4 3 (13.64%) User Acceptance Testing
5 2 (9.09%) Multithreading
5 2 (9.09%) Domain-Driven Design
5 2 (9.09%) Analytics
5 2 (9.09%) Scrum
5 2 (9.09%) Agile Software Development
5 2 (9.09%) TDD
5 2 (9.09%) Software Engineering
6 1 (4.55%) ITIL
6 1 (4.55%) UML
6 1 (4.55%) OO
6 1 (4.55%) OOD
6 1 (4.55%) SOA
6 1 (4.55%) Project Management
Programming Languages
1 9 (40.91%) C++
1 9 (40.91%) Java
2 6 (27.27%) Scala
3 4 (18.18%) SQL
4 3 (13.64%) T-SQL
4 3 (13.64%) C#
5 2 (9.09%) VB
Qualifications
1 9 (40.91%) Degree
System Software
1 1 (4.55%) Active Directory
Vendors
1 15 (68.18%) ION Trading
2 13 (59.09%) Bloomberg
3 3 (13.64%) eSpeed
3 3 (13.64%) Microsoft
4 2 (9.09%) Sybase
4 2 (9.09%) TIBCO
4 2 (9.09%) MarketAxess
5 1 (4.55%) Reuters
5 1 (4.55%) Oracle
5 1 (4.55%) Murex
5 1 (4.55%) Citrix