The first table below looks at the prevalence of the term TWAP in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited TWAP over the 3 months to 30 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 terms in our Miscellaneous 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
30 Jul 2014
Same period 2013 Same period 2012
Time-Weighted Average Price (TWAP)
Rank 390 - -
Rank change year-on-year
- 0
Contract jobs citing TWAP 16 0 0
As % of all contract IT jobs located in London 0.068% - -
As % of the Miscellaneous category 0.22% - -
Number of daily rates quoted 16 0 0
Average daily rate
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£650 - -
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
7201 7887 8147
As % of all contract IT jobs located in London 30.63% 32.50% 30.97%
Number of daily rates quoted 4832 5420 5504
Average daily rate £450 £460 £470
Average daily rate % change year-on-year
-2.17% -2.12%
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £650 £640 £625
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 143 170 213
Average hourly rate £19.00 £22.00 £22.50
Average hourly rate % change year-on-year
-13.63% -2.22%
90% offered a hourly rate of more than £14.04 £14.50 £13.00
10% offered a hourly rate of more than £45.00 £44.00 £40.00
UK excluding London average hourly rate £20.75 £21.00 £25.73
% change year-on-year
-1.19% -18.38%
TWAP
England

TWAP
Jobs Demand Trend in London

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

TWAP Jobs Demand Trend in London

TWAP
Daily Rate Trend in London

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

TWAP Daily Rate Trend in London

TWAP
Top 18 Related IT Skills in London

For the 6 months to 30 July 2014, IT contractor jobs across the London region citing TWAP 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 TWAP.

1 16 (100.00%) Java
1 16 (100.00%) Foreign Exchange (FX)
1 16 (100.00%) VWAP
1 16 (100.00%) Algorithmic Trading
1 16 (100.00%) Multithreading
1 16 (100.00%) Low Latency
1 16 (100.00%) Performance Tuning
2 12 (75.00%) Banking
2 12 (75.00%) SQL
3 5 (31.25%) E-Commerce
3 5 (31.25%) TCP/IP
3 5 (31.25%) Finance
3 5 (31.25%) Multicast
3 5 (31.25%) Mathematics
4 1 (6.25%) Capacity Planning
4 1 (6.25%) Shell Script
4 1 (6.25%) UNIX
4 1 (6.25%) Linux

TWAP
Top Related IT Skills in London by Category

For the 6 months to 30 July 2014, IT contractor jobs across the London region citing TWAP 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 TWAP. Up to 20 skills are shown per category.

Communications & Networking
1 5 (31.25%) TCP/IP
1 5 (31.25%) Multicast
General
1 12 (75.00%) Banking
2 5 (31.25%) Finance
Job Titles
1 4 (25.00%) Java Developer
1 4 (25.00%) Developer
2 2 (12.50%) Lead Developer
2 2 (12.50%) Lead Java Developer
3 1 (6.25%) E-Commerce Specialist
Miscellaneous
1 16 (100.00%) Foreign Exchange (FX)
1 16 (100.00%) VWAP
2 5 (31.25%) Mathematics
Operating Systems
1 1 (6.25%) UNIX
1 1 (6.25%) Linux
Processes & Methodologies
1 16 (100.00%) Algorithmic Trading
1 16 (100.00%) Multithreading
1 16 (100.00%) Low Latency
1 16 (100.00%) Performance Tuning
2 5 (31.25%) E-Commerce
3 1 (6.25%) Capacity Planning
Programming Languages
1 16 (100.00%) Java
2 12 (75.00%) SQL
3 1 (6.25%) Shell Script