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 4 September 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
4 Sep 2015
Same period 2014 Same period 2013
MarketAxess
Rank 625 576 573
Rank change year-on-year
-49 -3
Contract jobs citing MarketAxess 8 34 14
As % of all contract IT jobs located in the UK 0.014% 0.061% 0.027%
As % of the Vendors category 0.031% 0.13% 0.058%
Number of daily rates quoted 6 28 14
Average daily rate
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of your Daily Rate
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£575 £525 £525
Average daily rate % change year-on-year
+9.52% -
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
25561 25504 24091
As % of all contract IT jobs located in the UK 43.74% 45.65% 46.21%
Number of daily rates quoted 15156 14276 13340
Average daily rate £400 £383 £385
Average daily rate % change year-on-year
+4.57% -0.64%
90% offered a daily rate of more than £238 £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 1096 1113 1095
Average hourly rate £18.75 £19.00 £19.50
Average hourly rate % change year-on-year
-1.31% -2.56%
90% offered a hourly rate of more than £11.50 £11.00 £11.00
10% offered a hourly rate of more than £42.50 £42.50 £41.00
UK excluding London average hourly rate £18.75 £18.98 £19.30
% change year-on-year
-1.22% -1.64%

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 4 September 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 4 September 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 -19 8 £575 +9.52%
England -30 8 £575 +9.52%
City of London 0 2 £550 +37.50%

MarketAxess
Top 30 Related IT Skills

For the 6 months to 4 September 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 11 (84.62%) Electronic Trading
2 9 (69.23%) Windows
2 9 (69.23%) Perl
3 8 (61.54%) FIX Protocol
4 7 (53.85%) ION MarketView
4 7 (53.85%) UNIX
4 7 (53.85%) ION Trading
4 7 (53.85%) Project Management
4 7 (53.85%) Fixed Income
5 6 (46.15%) Change Management
5 6 (46.15%) Firewall
5 6 (46.15%) eSpeed
5 6 (46.15%) SQL
5 6 (46.15%) Python
5 6 (46.15%) Linux
5 6 (46.15%) Foreign Exchange (FX)
5 6 (46.15%) Red Hat
5 6 (46.15%) Reuters
5 6 (46.15%) Tradeweb
5 6 (46.15%) Red Hat Enterprise Linux
5 6 (46.15%) Capacity Management
5 6 (46.15%) Low Latency
5 6 (46.15%) Multicast
5 6 (46.15%) Eurex
5 6 (46.15%) Currenex
6 5 (38.46%) Finance
7 4 (30.77%) Trayport
8 3 (23.08%) Banking
8 3 (23.08%) Software Deployment
8 3 (23.08%) Front Office

MarketAxess
Top Related IT Skills by Category

For the 6 months to 4 September 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 1 (7.69%) MTS
Business Applications
1 7 (53.85%) ION MarketView
2 2 (15.38%) thinkFolio
Communications & Networking
1 6 (46.15%) Firewall
1 6 (46.15%) Multicast
Development Applications
1 2 (15.38%) Eclipse
1 2 (15.38%) Subversion
General
1 5 (38.46%) Finance
2 3 (23.08%) Banking
2 3 (23.08%) Front Office
3 2 (15.38%) Investment Banking
Job Titles
1 3 (23.08%) Systems Engineer
1 3 (23.08%) Electronics Engineer
2 2 (15.38%) Market Data Analyst
2 2 (15.38%) Market Analyst
2 2 (15.38%) Market Data Support Analyst
2 2 (15.38%) Analyst
2 2 (15.38%) Support Analyst
2 2 (15.38%) Applications Support
2 2 (15.38%) Data Analyst
3 1 (7.69%) Analyst Developer
3 1 (7.69%) Systems Developer
3 1 (7.69%) Systems Support Analyst
3 1 (7.69%) Systems Analyst
3 1 (7.69%) Systems Support
3 1 (7.69%) Developer
3 1 (7.69%) Market Data Engineer
3 1 (7.69%) Linux Engineer
Libraries, Frameworks & Software Standards
1 8 (61.54%) FIX Protocol
2 1 (7.69%) Rendezvous
Miscellaneous
1 7 (53.85%) Fixed Income
2 6 (46.15%) Eurex
2 6 (46.15%) Foreign Exchange (FX)
Operating Systems
1 9 (69.23%) Windows
2 7 (53.85%) UNIX
3 6 (46.15%) Linux
3 6 (46.15%) Red Hat Enterprise Linux
Processes & Methodologies
1 11 (84.62%) Electronic Trading
2 7 (53.85%) Project Management
3 6 (46.15%) Change Management
3 6 (46.15%) Capacity Management
3 6 (46.15%) Low Latency
4 3 (23.08%) Software Deployment
5 1 (7.69%) Portfolio Management
5 1 (7.69%) Mentoring
5 1 (7.69%) Risk Management
5 1 (7.69%) Asset Management
5 1 (7.69%) Data Management
5 1 (7.69%) UML
5 1 (7.69%) OO
5 1 (7.69%) OOD
5 1 (7.69%) SOA
Programming Languages
1 9 (69.23%) Perl
2 6 (46.15%) SQL
2 6 (46.15%) Python
3 2 (15.38%) Korn
System Software
1 2 (15.38%) Active Directory
Vendors
1 7 (53.85%) ION Trading
2 6 (46.15%) Tradeweb
2 6 (46.15%) eSpeed
2 6 (46.15%) Currenex
2 6 (46.15%) Red Hat
2 6 (46.15%) Reuters
3 4 (30.77%) Trayport
4 1 (7.69%) Bloomberg
4 1 (7.69%) TIBCO