The table below looks at the prevalence of the term VWAP in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited VWAP over the 3 months to 30 March 2015 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
30 Mar 2015
Same period 2014 Same period 2013
Volume-Weighted Average Price (VWAP)
Rank 397 - -
Rank change year-on-year
- 0
Contract jobs citing VWAP 3 0 0
As % of all contract IT jobs located in London 0.014% - -
As % of the Miscellaneous category 0.039% - -
Number of daily rates quoted 1 0 0
Average daily rate
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of your Daily Rate
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£675 - -
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
VWAP
England

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

Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
7675 8520 7926
As % of all contract IT jobs located in London 35.57% 37.61% 38.54%
Number of daily rates quoted 5228 5976 5569
Average daily rate £465 £450 £475
Average daily rate % change year-on-year
+3.33% -5.26%
90% offered a daily rate of more than £290 £275 £275
10% offered a daily rate of more than £650 £650 £625
UK excluding London average daily rate £375 £350 £338
% change year-on-year
+7.14% +3.70%
Number of hourly rates quoted 138 162 162
Average hourly rate £19.18 £22.50 £22.50
Average hourly rate % change year-on-year
-14.75% -
90% offered a hourly rate of more than £13.50 £14.00 £13.98
10% offered a hourly rate of more than £40.00 £42.50 £47.50
UK excluding London average hourly rate £19.00 £17.50 £23.00
% change year-on-year
+8.57% -23.91%

VWAP
Jobs Demand Trend in London

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

VWAP Jobs Demand Trend in London

VWAP
Daily Rate Trend in London

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

VWAP Daily Rate Trend in London

VWAP
Top 25 Related IT Skills in London

For the 6 months to 30 March 2015, IT contractor jobs across the London region citing VWAP 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 VWAP.

1 11 (100.00%) Java
1 11 (100.00%) TWAP
1 11 (100.00%) Low Latency
1 11 (100.00%) Algorithmic Trading
1 11 (100.00%) Multithreading
2 9 (81.82%) Performance Tuning
2 9 (81.82%) Foreign Exchange (FX)
3 8 (72.73%) SQL
3 8 (72.73%) Banking
4 2 (18.18%) Front Office
4 2 (18.18%) UML
4 2 (18.18%) OO
4 2 (18.18%) TDD
4 2 (18.18%) Eclipse
4 2 (18.18%) Subversion
4 2 (18.18%) Maven
4 2 (18.18%) FIX Protocol
4 2 (18.18%) Equities
5 1 (9.09%) Electronic Trading
5 1 (9.09%) Multicast
5 1 (9.09%) Algorithms
5 1 (9.09%) Mathematics
5 1 (9.09%) TCP/IP
5 1 (9.09%) E-Commerce
5 1 (9.09%) Finance

VWAP
Top Related IT Skills in London by Category

For the 6 months to 30 March 2015, IT contractor jobs across the London region citing VWAP 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 VWAP. Up to 20 skills are shown per category.

Communications & Networking
1 1 (9.09%) TCP/IP
1 1 (9.09%) Multicast
Development Applications
1 2 (18.18%) Eclipse
1 2 (18.18%) Subversion
1 2 (18.18%) Maven
General
1 8 (72.73%) Banking
2 2 (18.18%) Front Office
3 1 (9.09%) Finance
Job Titles
1 3 (27.27%) Developer
1 3 (27.27%) Java Developer
Libraries, Frameworks & Software Standards
1 2 (18.18%) FIX Protocol
Miscellaneous
1 11 (100.00%) TWAP
2 9 (81.82%) Foreign Exchange (FX)
3 2 (18.18%) Equities
4 1 (9.09%) Mathematics
4 1 (9.09%) Algorithms
Processes & Methodologies
1 11 (100.00%) Algorithmic Trading
1 11 (100.00%) Multithreading
1 11 (100.00%) Low Latency
2 9 (81.82%) Performance Tuning
3 2 (18.18%) TDD
3 2 (18.18%) UML
3 2 (18.18%) OO
4 1 (9.09%) E-Commerce
4 1 (9.09%) Electronic Trading
Programming Languages
1 11 (100.00%) Java
2 8 (72.73%) SQL