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 average contractor rates offered in IT contracts that have cited MarketAxess over the 3 months to 23 September 2014 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.

Location
3 months to
23 Sep 2014
Same period 2013 Same period 2012
MarketAxess
Rank 585 558 598
Rank change year-on-year
-27 +40
Contract jobs citing MarketAxess 29 20 5
As % of all contract IT jobs located in the UK 0.050% 0.038% 0.009%
As % of the Vendors category 0.11% 0.081% 0.018%
Number of daily rates quoted 23 20 4
Average daily rate
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£500 £525 £563
Average daily rate % change year-on-year
-4.76% -6.66%
90% offered a daily rate of more than £160 £525 £543
10% offered a daily rate of more than £550 £525 £593
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
26444 24565 27318
As % of all contract IT jobs located in the UK 45.76% 46.60% 46.76%
Number of daily rates quoted 14953 13794 13926
Average daily rate £390 £388 £375
Average daily rate % change year-on-year
+0.64% +3.33%
90% offered a daily rate of more than £225 £225 £225
10% offered a daily rate of more than £550 £550 £550
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 1180 1089 1385
Average hourly rate £19.00 £19.00 £18.75
Average hourly rate % change year-on-year
- +1.33%
90% offered a hourly rate of more than £11.00 £11.00 £11.50
10% offered a hourly rate of more than £41.34 £40.00 £40.00
UK excluding London average hourly rate £18.50 £19.00 £18.50
% change year-on-year
-2.63% +2.70%

MarketAxess
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing MarketAxess within the UK as a proportion of the total demand within 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
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing MarketAxess within the UK over the 3 months to 23 September 2014.

MarketAxess Daily Rate Histogram 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 3 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing MarketAxess within the UK over the 3 months to 23 September 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
London +24 29 £500 -4.76% 1
England -10 29 £500 -4.76% 1
City of London - 9 £400 - 1

MarketAxess
Top 30 Related IT Skills

For the 6 months to 23 September 2014, IT contractor jobs within the UK citing MarketAxess 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 MarketAxess.

1 38 (64.41%) Windows
1 38 (64.41%) Electronic Trading
2 36 (61.02%) Linux
2 36 (61.02%) eSpeed
3 35 (59.32%) UNIX
3 35 (59.32%) Reuters
4 34 (57.63%) Fixed Income
5 32 (54.24%) TIBCO
5 32 (54.24%) Rendezvous
6 31 (52.54%) Perl
7 28 (47.46%) SQL
8 26 (44.07%) Python
8 26 (44.07%) Project Management
9 25 (42.37%) Red Hat
9 25 (42.37%) Firewall
9 25 (42.37%) Red Hat Enterprise Linux
9 25 (42.37%) Multicast
10 24 (40.68%) Bloomberg
11 23 (38.98%) Foreign Exchange (FX)
11 23 (38.98%) Change Management
11 23 (38.98%) ION Trading
11 23 (38.98%) Capacity Management
11 23 (38.98%) Low Latency
12 11 (18.64%) Front Office
12 11 (18.64%) Finance
12 11 (18.64%) AppSense
12 11 (18.64%) SCCM
12 11 (18.64%) Banking
12 11 (18.64%) Symantec
12 11 (18.64%) Salesforce.com

MarketAxess
Top Related IT Skills by Category

For the 6 months to 23 September 2014, IT contractor jobs within the UK citing MarketAxess 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 MarketAxess. Up to 20 skills are shown per category.

Application Platforms
1 11 (18.64%) SharePoint
1 11 (18.64%) Lync
Applications
1 1 (1.69%) MS Office
Business Applications
1 9 (15.25%) ION MarketView
2 7 (11.86%) RMDS
Communications & Networking
1 25 (42.37%) Firewall
1 25 (42.37%) Multicast
2 11 (18.64%) DHCP
2 11 (18.64%) DNS
3 2 (3.39%) SSH
Database & Business Intelligence
1 7 (11.86%) SQL Server
Development Applications
1 7 (11.86%) JUnit
2 1 (1.69%) JIRA
2 1 (1.69%) QuickTest Pro
General
1 11 (18.64%) Front Office
1 11 (18.64%) Finance
1 11 (18.64%) Banking
2 7 (11.86%) Investment Banking
3 1 (1.69%) Back Office
Job Titles
1 21 (35.59%) Linux Support
1 21 (35.59%) Applications Support
2 11 (18.64%) 2nd Line Support
3 6 (10.17%) Support Engineer
3 6 (10.17%) Market Data Engineer
4 5 (8.47%) Linux Support Engineer
4 5 (8.47%) Java Developer
4 5 (8.47%) Linux Engineer
4 5 (8.47%) Developer
5 4 (6.78%) Electronics Engineer
5 4 (6.78%) Desktop Support
5 4 (6.78%) Systems Engineer
6 3 (5.08%) Analyst
7 2 (3.39%) Technical Analyst
8 1 (1.69%) Senior Market Data Engineer
8 1 (1.69%) Business Test Analyst
8 1 (1.69%) Senior Systems Engineer
8 1 (1.69%) Test Analyst
8 1 (1.69%) Business Analyst
Libraries, Frameworks & Software Standards
1 32 (54.24%) Rendezvous
Miscellaneous
1 34 (57.63%) Fixed Income
2 23 (38.98%) Foreign Exchange (FX)
3 3 (5.08%) Equities
4 2 (3.39%) Hedge funds
4 2 (3.39%) Analytical Skills
5 1 (1.69%) Credit Derivative
Operating Systems
1 38 (64.41%) Windows
2 36 (61.02%) Linux
3 35 (59.32%) UNIX
4 25 (42.37%) Red Hat Enterprise Linux
5 11 (18.64%) Windows XP
5 11 (18.64%) Windows 7
Processes & Methodologies
1 38 (64.41%) Electronic Trading
2 26 (44.07%) Project Management
3 23 (38.98%) Change Management
3 23 (38.98%) Capacity Management
3 23 (38.98%) Low Latency
4 9 (15.25%) Multithreading
5 4 (6.78%) Software Deployment
6 2 (3.39%) Asset Management
7 1 (1.69%) System Testing
7 1 (1.69%) User Acceptance Testing
7 1 (1.69%) Test Scripting
7 1 (1.69%) Regression Testing
Programming Languages
1 31 (52.54%) Perl
2 28 (47.46%) SQL
3 26 (44.07%) Python
4 11 (18.64%) Java
5 6 (10.17%) Korn
System Software
1 5 (8.47%) Active Directory
2 1 (1.69%) VMware Infrastructure
Systems Management
1 11 (18.64%) SCCM
1 11 (18.64%) Symantec Enterprise Vault
2 1 (1.69%) HP Quality Center
2 1 (1.69%) BMC Marimba
Vendors
1 36 (61.02%) eSpeed
2 35 (59.32%) Reuters
3 32 (54.24%) TIBCO
4 25 (42.37%) Red Hat
5 24 (40.68%) Bloomberg
6 23 (38.98%) ION Trading
7 11 (18.64%) AppSense
7 11 (18.64%) Symantec
7 11 (18.64%) Salesforce.com
7 11 (18.64%) Murex
8 8 (13.56%) Trayport
9 7 (11.86%) Altiris
9 7 (11.86%) Oracle
10 4 (6.78%) Tradeweb
11 1 (1.69%) VMware
11 1 (1.69%) Remedy
11 1 (1.69%) Citrix
11 1 (1.69%) Sun
City of London
Huxley Associates
Rate: £450 - £600 per day + competitive
Posted: 24 days ago