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 27 January 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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within MarketAxess.

Location
3 months to
27 Jan 2015
Same period 2014 Same period 2013
MarketAxess
Rank 566 534 535
Rank change year-on-year
-32 +1
Contract jobs citing MarketAxess 11 24 8
As % of all contract IT jobs located in the UK 0.022% 0.049% 0.018%
As % of the Vendors category 0.047% 0.11% 0.037%
Number of daily rates quoted 7 21 8
Average daily rate
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of your Daily Rate
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£600 £525 £600
Average daily rate % change year-on-year
+14.28% -12.50%
90% offered a daily rate of more than £358 £525 £514
10% offered a daily rate of more than £660 £525 £650
UK excluding London average daily rate £70 - -
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
23272 22265 21520
As % of all contract IT jobs located in the UK 45.79% 45.72% 47.41%
Number of daily rates quoted 13609 12381 11250
Average daily rate £400 £388 £375
Average daily rate % change year-on-year
+3.22% +3.33%
90% offered a daily rate of more than £225 £220 £225
10% offered a daily rate of more than £550 £550 £550
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 1020 983 1335
Average hourly rate £17.50 £17.00 £19.00
Average hourly rate % change year-on-year
+2.94% -10.52%
90% offered a hourly rate of more than £11.35 £10.75 £10.50
10% offered a hourly rate of more than £39.50 £37.50 £40.00
UK excluding London average hourly rate £17.22 £16.50 £19.00
% change year-on-year
+4.36% -13.15%

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 27 January 2015.

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 27 January 2015. 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 -22 10 £600 +14.28% 4
England -35 10 £600 +14.28% 4
City of London - 4 £650 - 2

MarketAxess
Top 30 Related IT Skills

For the 6 months to 27 January 2015, 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 23 (69.70%) SQL
2 20 (60.61%) UNIX
3 19 (57.58%) Linux
4 18 (54.55%) Perl
5 17 (51.52%) Python
5 17 (51.52%) Bloomberg
5 17 (51.52%) Fixed Income
6 16 (48.48%) eSpeed
7 15 (45.45%) Windows
7 15 (45.45%) TIBCO
7 15 (45.45%) Electronic Trading
7 15 (45.45%) Low Latency
8 14 (42.42%) Tradeweb
9 13 (39.39%) Reuters
9 13 (39.39%) Project Management
10 12 (36.36%) FIX Protocol
10 12 (36.36%) Finance
11 11 (33.33%) Firewall
11 11 (33.33%) Red Hat Enterprise Linux
11 11 (33.33%) Rendezvous
11 11 (33.33%) Foreign Exchange (FX)
11 11 (33.33%) Red Hat
11 11 (33.33%) Multicast
12 10 (30.30%) Capacity Management
12 10 (30.30%) Change Management
12 10 (30.30%) Banking
13 9 (27.27%) Credit Derivative
13 9 (27.27%) Front Office
13 9 (27.27%) Derivative
14 8 (24.24%) ION Trading

MarketAxess
Top Related IT Skills by Category

For the 6 months to 27 January 2015, 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 4 (12.12%) SharePoint
1 4 (12.12%) Lync
Communications & Networking
1 11 (33.33%) Firewall
1 11 (33.33%) Multicast
2 4 (12.12%) DHCP
2 4 (12.12%) DNS
3 1 (3.03%) SSH
Database & Business Intelligence
1 4 (12.12%) DB2
2 3 (9.09%) Relational Database
Development Applications
1 4 (12.12%) Maven
General
1 12 (36.36%) Finance
2 10 (30.30%) Banking
3 9 (27.27%) Front Office
4 4 (12.12%) Investment Banking
Job Titles
1 9 (27.27%) Linux Engineer
1 9 (27.27%) Applications Support
2 6 (18.18%) Linux Support
3 5 (15.15%) Linux Support Engineer
3 5 (15.15%) Support Engineer
3 5 (15.15%) Analyst
4 4 (12.12%) Developer
4 4 (12.12%) 2nd Line Support
4 4 (12.12%) Java Developer
5 3 (9.09%) Applications Support Analyst
5 3 (9.09%) Support Analyst
6 2 (6.06%) Technical Analyst
6 2 (6.06%) Electronics Engineer
6 2 (6.06%) Market Data Engineer
7 1 (3.03%) Systems Engineer
Libraries, Frameworks & Software Standards
1 12 (36.36%) FIX Protocol
2 11 (33.33%) Rendezvous
3 4 (12.12%) JMS
3 4 (12.12%) Middleware
Miscellaneous
1 17 (51.52%) Fixed Income
2 11 (33.33%) Foreign Exchange (FX)
3 9 (27.27%) Credit Derivative
3 9 (27.27%) Derivative
4 2 (6.06%) Hedge funds
4 2 (6.06%) Reference Data
5 1 (3.03%) Equities
Operating Systems
1 20 (60.61%) UNIX
2 19 (57.58%) Linux
3 15 (45.45%) Windows
4 11 (33.33%) Red Hat Enterprise Linux
5 4 (12.12%) Windows XP
5 4 (12.12%) Windows 7
Processes & Methodologies
1 15 (45.45%) Electronic Trading
1 15 (45.45%) Low Latency
2 13 (39.39%) Project Management
3 10 (30.30%) Capacity Management
3 10 (30.30%) Change Management
4 5 (15.15%) Risk Management
5 4 (12.12%) E-Commerce
5 4 (12.12%) Multithreading
6 2 (6.06%) Asset Management
7 1 (3.03%) Software Deployment
Programming Languages
1 23 (69.70%) SQL
2 18 (54.55%) Perl
3 17 (51.52%) Python
4 5 (15.15%) Java
5 2 (6.06%) Korn
System Software
1 1 (3.03%) Active Directory
Systems Management
1 4 (12.12%) SCCM
1 4 (12.12%) Symantec Enterprise Vault
2 2 (6.06%) Control-M
2 2 (6.06%) Nagios
2 2 (6.06%) ITRS Geneos
Vendors
1 17 (51.52%) Bloomberg
2 16 (48.48%) eSpeed
3 15 (45.45%) TIBCO
4 14 (42.42%) Tradeweb
5 13 (39.39%) Reuters
6 11 (33.33%) Red Hat
7 8 (24.24%) ION Trading
8 4 (12.12%) Salesforce.com
8 4 (12.12%) Murex
8 4 (12.12%) Symantec
8 4 (12.12%) AppSense
8 4 (12.12%) Altiris
9 3 (9.09%) Trayport