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 27 February 2017 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
27 Feb 2017
Same period 2016 Same period 2015
MarketAxess
UK
Rank 600 633 608
Rank change year-on-year
+33 -25
Contract jobs citing MarketAxess 1 3 15
As % of all contract IT jobs located in the UK 0.002% 0.006% 0.029%
As % of the Vendors category 0.005% 0.014% 0.063%
Number of daily rates quoted 0 3 13
Median daily rate - £600 £600
UK excluding London median daily rate - - £70
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
20236 22175 23848
As % of all contract IT jobs located in the UK 44.48% 43.32% 45.53%
Number of daily rates quoted 12544 13270 13641
Median daily rate £425 £400 £400
Median daily rate % change year-on-year
+6.25% -
90% offered a daily rate of more than £250 £240 £225
10% offered a daily rate of more than £575 £550 £550
UK excluding London median daily rate £396 £380 £375
% change year-on-year
+4.27% +1.26%
Number of hourly rates quoted 746 834 965
Median hourly rate £19.00 £21.00 £18.00
Median hourly rate % change year-on-year
-9.52% +16.66%
90% offered a hourly rate of more than £10.57 £11.50 £11.50
10% offered a hourly rate of more than £47.00 £55.00 £43.40
UK excluding London median hourly rate £17.15 £21.00 £17.50
% change year-on-year
-18.33% +20.00%

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
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 27 February 2017. 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 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
London +17 1 - - 1
England +10 1 - - 1

MarketAxess
Top 30 Related IT Skills

For the 6 months to 27 February 2017, 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 2 (100.00%) Java
1 2 (100.00%) Bloomberg
1 2 (100.00%) Fixed Income
1 2 (100.00%) Subversion
1 2 (100.00%) Agile Software Development
1 2 (100.00%) FIX Protocol
1 2 (100.00%) Electronic Trading
1 2 (100.00%) Tradeweb
2 1 (50.00%) Test Automation
2 1 (50.00%) Mockito
2 1 (50.00%) Ultra Messaging
2 1 (50.00%) Protocol Buffers
2 1 (50.00%) Low Latency
2 1 (50.00%) Apache Ivy
2 1 (50.00%) EMIR
2 1 (50.00%) Algorithms
2 1 (50.00%) Robot Framework
2 1 (50.00%) BondVision
2 1 (50.00%) Windows Server
2 1 (50.00%) C#
2 1 (50.00%) KDB
2 1 (50.00%) Multithreading
2 1 (50.00%) TDD
2 1 (50.00%) Banking
2 1 (50.00%) Spring
2 1 (50.00%) Maven
2 1 (50.00%) Investment Banking
2 1 (50.00%) Google
2 1 (50.00%) Derivative
2 1 (50.00%) MiFID

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:

Application Platforms
1 1 (50.00%) MTS
Business Applications
1 1 (50.00%) BondVision
Database & Business Intelligence
1 1 (50.00%) DB2
1 1 (50.00%) KDB
1 1 (50.00%) SQL Server
Development Applications
1 2 (100.00%) Subversion
2 1 (50.00%) Apache Ivy
2 1 (50.00%) JUnit
2 1 (50.00%) Maven
2 1 (50.00%) Mockito
2 1 (50.00%) Robot Framework
General
1 1 (50.00%) Banking
1 1 (50.00%) Finance
1 1 (50.00%) Front Office
1 1 (50.00%) Investment Banking
Job Titles
1 2 (100.00%) Developer
1 2 (100.00%) Java Developer
2 1 (50.00%) Electronic Trading Developer
2 1 (50.00%) Electronic Trading Java Developer
2 1 (50.00%) Java Pricing Developer
2 1 (50.00%) Senior Developer
2 1 (50.00%) Senior Java Developer
2 1 (50.00%) Test Automation Developer
Libraries, Frameworks & Software Standards
1 2 (100.00%) FIX Protocol
2 1 (50.00%) EJB
2 1 (50.00%) JMS
2 1 (50.00%) Middleware
2 1 (50.00%) Protocol Buffers
2 1 (50.00%) Spring
2 1 (50.00%) Ultra Messaging
Miscellaneous
1 2 (100.00%) Fixed Income
2 1 (50.00%) Algorithms
2 1 (50.00%) Derivative
2 1 (50.00%) Foreign Exchange (FX)
Operating Systems
1 1 (50.00%) Linux
1 1 (50.00%) Windows
1 1 (50.00%) Windows Server
Processes & Methodologies
1 2 (100.00%) Agile Software Development
1 2 (100.00%) Electronic Trading
2 1 (50.00%) B2C
2 1 (50.00%) Low Latency
2 1 (50.00%) Multithreading
2 1 (50.00%) OO
2 1 (50.00%) OOA/OOD
2 1 (50.00%) OOD
2 1 (50.00%) Scrum
2 1 (50.00%) TDD
2 1 (50.00%) Test Automation
Programming Languages
1 2 (100.00%) Java
2 1 (50.00%) C#
Quality Assurance & Compliance
1 1 (50.00%) EMIR
1 1 (50.00%) MiFID
Vendors
1 2 (100.00%) Bloomberg
1 2 (100.00%) Tradeweb
2 1 (50.00%) eSpeed
2 1 (50.00%) Google
2 1 (50.00%) Sybase
2 1 (50.00%) TIBCO
London
Orgtel
Posted: 3 days ago