The first table below looks at the demand 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 29 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Vendors currently tracked.

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
29 Jul 2014
Same period 2013 Same period 2012
MarketAxess
Rank 559 555 556
Rank change year-on-year
-4 +1
Contract jobs citing MarketAxess 30 8 13
As % of all contract IT jobs located in the UK 0.055% 0.016% 0.022%
As % of the Vendors category 0.12% 0.033% 0.048%
Number of daily rates quoted 23 8 8
Average daily rate
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of your Daily Rate
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£550 £513 £550
Average daily rate % change year-on-year
+7.31% -6.81%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Vendors Category
UK
Contract IT job ads with a match in the
Vendors category
25006 24082 26946
As % of all contract IT jobs located in the UK 45.78% 47.09% 46.50%
Number of daily rates quoted 13870 13069 13651
Average daily rate £380 £388 £375
Average daily rate % change year-on-year
-1.93% +3.33%
90% offered a daily rate of more than £220 £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 1077 1194 1397
Average hourly rate £18.00 £20.00 £19.50
Average hourly rate % change year-on-year
-10.00% +2.56%
90% offered a hourly rate of more than £11.00 £11.00 £11.50
10% offered a hourly rate of more than £37.50 £41.50 £39.00
UK excluding London average hourly rate £17.50 £19.50 £19.00
% change year-on-year
-10.25% +2.63%

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 29 July 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 29 July 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 +18 30 £550 +7.31% 4
England +14 30 £550 +7.31% 4
City of London - 6 £393 - 3

MarketAxess
Top 30 Related IT Skills

For the 6 months to 29 July 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 33 (61.11%) Windows
1 33 (61.11%) Fixed Income
1 33 (61.11%) Electronic Trading
2 31 (57.41%) Linux
2 31 (57.41%) Reuters
2 31 (57.41%) eSpeed
3 29 (53.70%) TIBCO
3 29 (53.70%) Rendezvous
4 28 (51.85%) UNIX
5 26 (48.15%) Perl
6 25 (46.30%) Bloomberg
6 25 (46.30%) ION Trading
7 22 (40.74%) Firewall
7 22 (40.74%) Red Hat
7 22 (40.74%) SQL
7 22 (40.74%) Python
7 22 (40.74%) Red Hat Enterprise Linux
7 22 (40.74%) Multicast
8 21 (38.89%) Project Management
9 20 (37.04%) Change Management
9 20 (37.04%) Foreign Exchange (FX)
9 20 (37.04%) Low Latency
9 20 (37.04%) Capacity Management
10 14 (25.93%) Front Office
11 13 (24.07%) ION MarketView
12 11 (20.37%) Java
13 10 (18.52%) DNS
13 10 (18.52%) SharePoint
13 10 (18.52%) Windows XP
13 10 (18.52%) DHCP

MarketAxess
Top Related IT Skills by Category

For the 6 months to 29 July 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 10 (18.52%) SharePoint
1 10 (18.52%) Lync
Applications
1 1 (1.85%) MS Office
Business Applications
1 13 (24.07%) ION MarketView
2 7 (12.96%) RMDS
Communications & Networking
1 22 (40.74%) Firewall
1 22 (40.74%) Multicast
2 10 (18.52%) DNS
2 10 (18.52%) DHCP
3 1 (1.85%) HTTP
3 1 (1.85%) SSH
Database & Business Intelligence
1 7 (12.96%) SQL Server
Development Applications
1 7 (12.96%) JUnit
2 4 (7.41%) QuickTest Pro
2 4 (7.41%) JIRA
General
1 14 (25.93%) Front Office
2 9 (16.67%) Banking
3 8 (14.81%) Investment Banking
4 7 (12.96%) Finance
5 1 (1.85%) Back Office
Job Titles
1 20 (37.04%) Applications Support
2 18 (33.33%) Linux Support
3 10 (18.52%) 2nd Line Support
4 8 (14.81%) Analyst
5 7 (12.96%) Test Analyst
5 7 (12.96%) Developer
6 5 (9.26%) Java Developer
7 4 (7.41%) Market Data Engineer
7 4 (7.41%) Desktop Support
8 3 (5.56%) Systems Engineer
9 2 (3.70%) Analyst Developer
9 2 (3.70%) Electronics Engineer
10 1 (1.85%) Technical Analyst
10 1 (1.85%) Senior Test Analyst
10 1 (1.85%) Senior Market Data Engineer
10 1 (1.85%) Business Test Analyst
10 1 (1.85%) Credit Risk Analyst
10 1 (1.85%) Senior Systems Engineer
10 1 (1.85%) Support Engineer
10 1 (1.85%) Business Analyst
Libraries, Frameworks & Software Standards
1 29 (53.70%) Rendezvous
2 1 (1.85%) .NET
Miscellaneous
1 33 (61.11%) Fixed Income
2 20 (37.04%) Foreign Exchange (FX)
3 4 (7.41%) Credit Derivative
4 3 (5.56%) Equities
5 1 (1.85%) Derivative
5 1 (1.85%) Credit Risk
Operating Systems
1 33 (61.11%) Windows
2 31 (57.41%) Linux
3 28 (51.85%) UNIX
4 22 (40.74%) Red Hat Enterprise Linux
5 10 (18.52%) Windows 7
5 10 (18.52%) Windows XP
Processes & Methodologies
1 33 (61.11%) Electronic Trading
2 21 (38.89%) Project Management
3 20 (37.04%) Change Management
3 20 (37.04%) Capacity Management
3 20 (37.04%) Low Latency
4 9 (16.67%) Multithreading
5 6 (11.11%) Test Scripting
6 5 (9.26%) User Acceptance Testing
6 5 (9.26%) System Testing
7 3 (5.56%) Software Deployment
8 2 (3.70%) Regression Testing
Programming Languages
1 26 (48.15%) Perl
2 22 (40.74%) SQL
2 22 (40.74%) Python
3 11 (20.37%) Java
4 4 (7.41%) Korn
5 2 (3.70%) C#
6 1 (1.85%) C++
Quality Assurance & Compliance
1 2 (3.70%) QA
System Software
1 4 (7.41%) Active Directory
2 1 (1.85%) VMware Infrastructure
Systems Management
1 10 (18.52%) SCCM
1 10 (18.52%) Symantec Enterprise Vault
2 5 (9.26%) HP Quality Center
3 1 (1.85%) BMC Marimba
Vendors
1 31 (57.41%) Reuters
1 31 (57.41%) eSpeed
2 29 (53.70%) TIBCO
3 25 (46.30%) ION Trading
3 25 (46.30%) Bloomberg
4 22 (40.74%) Red Hat
5 10 (18.52%) Salesforce.com
5 10 (18.52%) AppSense
5 10 (18.52%) Symantec
5 10 (18.52%) Murex
6 7 (12.96%) Oracle
7 6 (11.11%) Altiris
8 5 (9.26%) Trayport
9 3 (5.56%) Sun
10 2 (3.70%) Tradeweb
11 1 (1.85%) VMware
11 1 (1.85%) HP
11 1 (1.85%) Citrix
11 1 (1.85%) Remedy
City of London
Huxley Associates
Rate: £450 - £600 per day
Posted: 13 hours ago
City of London
Huxley Associates
Rate: £350 - £400 per day + competitive
Posted: 18 days ago
City of London
Huxley Associates
Rate: £350 - £420 per annum + competitive
Posted: 18 days ago