The table below looks at the statistics for knowledge and experience of MarketAxess products and/or services in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited MarketAxess over the 3 months to 10 December 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 MarketAxess.

3 months to
10 Dec 2016
Same period 2015 Same period 2014
MarketAxess
Rank 613 647 638
Rank change year-on-year
+34 -9
Contract jobs citing MarketAxess 1 2 10
As % of all contract IT jobs located in the UK 0.002% 0.004% 0.018%
As % of the Vendors category 0.004% 0.008% 0.040%
Number of daily rates quoted 0 1 2
Median daily rate - £403 £170
Median daily rate % change year-on-year
- +136.76%
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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

Vendors Category
UK
Contract IT job ads with a match in the
Vendors category
22568 23575 25234
As % of all contract IT jobs located in the UK 45.53% 42.87% 44.74%
Number of daily rates quoted 13786 13840 14923
Median daily rate £420 £400 £388
Median daily rate % change year-on-year
+5.00% +3.22%
90% offered a daily rate of more than £250 £225 £220
10% offered a daily rate of more than £575 £550 £550
UK excluding London median daily rate £388 £380 £363
% change year-on-year
+1.97% +4.82%
Number of hourly rates quoted 870 966 1216
Median hourly rate £17.50 £19.00 £17.50
Median hourly rate % change year-on-year
-7.89% +8.57%
90% offered a hourly rate of more than £11.25 £10.61 £11.00
10% offered a hourly rate of more than £50.00 £44.80 £38.00
UK excluding London median hourly rate £16.50 £18.00 £17.00
% change year-on-year
-8.33% +5.88%

MarketAxess
Jobs Demand Trend

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

MarketAxess Jobs Demand Trend in the UK

MarketAxess
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing MarketAxess within the UK.

MarketAxess Daily Rate Trend in the UK

MarketAxess
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing MarketAxess within the UK.

MarketAxess Hourly Rate Trend in the UK

MarketAxess
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing MarketAxess within the UK over the 3 months to 10 December 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
England +17 1 - -
London +6 1 - -

MarketAxess
Top 30 Related IT Skills

For the 6 months to 10 December 2016, IT contractor jobs citing MarketAxess also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for MarketAxess.

1 4 (100.00%) Fixed Income
1 4 (100.00%) Electronic Trading
2 3 (75.00%) Bloomberg
2 3 (75.00%) FIX Protocol
3 2 (50.00%) FXall
3 2 (50.00%) Foreign Exchange (FX)
3 2 (50.00%) E-Commerce
3 2 (50.00%) MS Office
3 2 (50.00%) Front Office
3 2 (50.00%) Bloomberg TOMS
4 1 (25.00%) Robot Framework
4 1 (25.00%) Scrum
4 1 (25.00%) Tradeweb
4 1 (25.00%) Test Automation
4 1 (25.00%) Agile Software Development
4 1 (25.00%) Banking
4 1 (25.00%) Subversion
4 1 (25.00%) Maven
4 1 (25.00%) Investment Banking
4 1 (25.00%) Derivative
4 1 (25.00%) Unix
4 1 (25.00%) OO
4 1 (25.00%) Python
4 1 (25.00%) Java
4 1 (25.00%) SQL
4 1 (25.00%) SQL Server
4 1 (25.00%) DB2
4 1 (25.00%) JMS
4 1 (25.00%) OOD
4 1 (25.00%) B2C

MarketAxess
Top Related IT Skills 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:

Applications
1 2 (50.00%) MS Office
Business Applications
1 2 (50.00%) Bloomberg TOMS
Database & Business Intelligence
1 1 (25.00%) DB2
1 1 (25.00%) SQL Server
Development Applications
1 1 (25.00%) Maven
1 1 (25.00%) Robot Framework
1 1 (25.00%) Subversion
General
1 2 (50.00%) Front Office
2 1 (25.00%) Banking
2 1 (25.00%) Investment Banking
Job Titles
1 1 (25.00%) Client Services Manager
1 1 (25.00%) Developer
1 1 (25.00%) E-Commerce Manager
1 1 (25.00%) Electronic Trading Developer
1 1 (25.00%) Electronic Trading Java Developer
1 1 (25.00%) Electronic Trading Support
1 1 (25.00%) Java Developer
1 1 (25.00%) Service Manager
1 1 (25.00%) Test Automation Developer
Libraries, Frameworks & Software Standards
1 3 (75.00%) FIX Protocol
2 1 (25.00%) JMS
2 1 (25.00%) Middleware
Miscellaneous
1 4 (100.00%) Fixed Income
2 2 (50.00%) Foreign Exchange (FX)
3 1 (25.00%) Derivative
Operating Systems
1 1 (25.00%) Unix
Processes & Methodologies
1 4 (100.00%) Electronic Trading
2 2 (50.00%) E-Commerce
3 1 (25.00%) Agile Software Development
3 1 (25.00%) B2C
3 1 (25.00%) OO
3 1 (25.00%) OOD
3 1 (25.00%) Scrum
3 1 (25.00%) Test Automation
Programming Languages
1 1 (25.00%) Java
1 1 (25.00%) Python
1 1 (25.00%) SQL
Vendors
1 3 (75.00%) Bloomberg
2 2 (50.00%) FXall
3 1 (25.00%) TIBCO
3 1 (25.00%) Tradeweb