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 22 August 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
22 Aug 2014
Same period 2013 Same period 2012
MarketAxess
Rank 560 567 589
Rank change year-on-year
+7 +22
Contract jobs citing MarketAxess 35 11 8
As % of all contract IT jobs located in the UK 0.062% 0.021% 0.014%
As % of the Vendors category 0.13% 0.044% 0.030%
Number of daily rates quoted 28 11 6
Average daily rate
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£538 £525 £550
Average daily rate % change year-on-year
+2.38% -4.54%
90% offered a daily rate of more than £160 £525 £545
10% offered a daily rate of more than £550 £525 £588
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
26028 25021 26921
As % of all contract IT jobs located in the UK 46.18% 46.94% 46.47%
Number of daily rates quoted 14561 13847 13670
Average daily rate £385 £385 £375
Average daily rate % change year-on-year
- +2.66%
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 1102 1116 1369
Average hourly rate £18.00 £19.50 £19.68
Average hourly rate % change year-on-year
-7.69% -0.91%
90% offered a hourly rate of more than £11.00 £11.00 £12.00
10% offered a hourly rate of more than £37.50 £40.57 £40.00
UK excluding London average hourly rate £17.50 £19.50 £19.91
% change year-on-year
-10.25% -2.05%

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 22 August 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 22 August 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 +39 35 £538 +2.38% 2
England -2 35 £538 +2.38% 2
City of London - 9 £400 - 2

MarketAxess
Top 30 Related IT Skills

For the 6 months to 22 August 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 40 (61.54%) Electronic Trading
2 39 (60.00%) Windows
2 39 (60.00%) Fixed Income
3 37 (56.92%) Linux
3 37 (56.92%) eSpeed
4 36 (55.38%) Reuters
5 35 (53.85%) UNIX
6 33 (50.77%) TIBCO
6 33 (50.77%) Rendezvous
7 32 (49.23%) Perl
8 28 (43.08%) SQL
8 28 (43.08%) Bloomberg
9 27 (41.54%) Python
9 27 (41.54%) ION Trading
9 27 (41.54%) Project Management
10 26 (40.00%) Firewall
10 26 (40.00%) Red Hat
10 26 (40.00%) Red Hat Enterprise Linux
10 26 (40.00%) Multicast
11 24 (36.92%) Capacity Management
11 24 (36.92%) Low Latency
11 24 (36.92%) Foreign Exchange (FX)
11 24 (36.92%) Change Management
12 14 (21.54%) Front Office
13 13 (20.00%) Banking
13 13 (20.00%) ION MarketView
14 12 (18.46%) Java
15 11 (16.92%) DNS
15 11 (16.92%) SharePoint
15 11 (16.92%) Windows XP

MarketAxess
Top Related IT Skills by Category

For the 6 months to 22 August 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 (16.92%) SharePoint
1 11 (16.92%) Lync
Applications
1 1 (1.54%) MS Office
Business Applications
1 13 (20.00%) ION MarketView
2 7 (10.77%) RMDS
Communications & Networking
1 26 (40.00%) Firewall
1 26 (40.00%) Multicast
2 11 (16.92%) DNS
2 11 (16.92%) DHCP
3 2 (3.08%) SSH
4 1 (1.54%) HTTP
Database & Business Intelligence
1 7 (10.77%) SQL Server
Development Applications
1 7 (10.77%) JUnit
2 4 (6.15%) QuickTest Pro
2 4 (6.15%) JIRA
General
1 14 (21.54%) Front Office
2 13 (20.00%) Banking
3 10 (15.38%) Finance
4 9 (13.85%) Investment Banking
5 1 (1.54%) Back Office
Job Titles
1 22 (33.85%) Applications Support
1 22 (33.85%) Linux Support
2 11 (16.92%) 2nd Line Support
3 9 (13.85%) Analyst
4 7 (10.77%) Test Analyst
4 7 (10.77%) Developer
5 6 (9.23%) Market Data Engineer
6 5 (7.69%) Support Engineer
6 5 (7.69%) Java Developer
7 4 (6.15%) Electronics Engineer
7 4 (6.15%) Linux Engineer
7 4 (6.15%) Desktop Support
7 4 (6.15%) Systems Engineer
7 4 (6.15%) Linux Support Engineer
8 2 (3.08%) Analyst Developer
8 2 (3.08%) Technical Analyst
9 1 (1.54%) Credit Risk Analyst
9 1 (1.54%) Business Test Analyst
9 1 (1.54%) Senior Market Data Engineer
9 1 (1.54%) Senior Test Analyst
Libraries, Frameworks & Software Standards
1 33 (50.77%) Rendezvous
2 1 (1.54%) .NET
Miscellaneous
1 39 (60.00%) Fixed Income
2 24 (36.92%) Foreign Exchange (FX)
3 4 (6.15%) Equities
3 4 (6.15%) Credit Derivative
4 1 (1.54%) Credit Risk
4 1 (1.54%) Derivative
4 1 (1.54%) Hedge funds
Operating Systems
1 39 (60.00%) Windows
2 37 (56.92%) Linux
3 35 (53.85%) UNIX
4 26 (40.00%) Red Hat Enterprise Linux
5 11 (16.92%) Windows XP
5 11 (16.92%) Windows 7
Processes & Methodologies
1 40 (61.54%) Electronic Trading
2 27 (41.54%) Project Management
3 24 (36.92%) Capacity Management
3 24 (36.92%) Low Latency
3 24 (36.92%) Change Management
4 9 (13.85%) Multithreading
5 6 (9.23%) Test Scripting
6 5 (7.69%) System Testing
6 5 (7.69%) User Acceptance Testing
6 5 (7.69%) Regression Testing
7 4 (6.15%) Software Deployment
8 1 (1.54%) Asset Management
Programming Languages
1 32 (49.23%) Perl
2 28 (43.08%) SQL
3 27 (41.54%) Python
4 12 (18.46%) Java
5 6 (9.23%) Korn
6 2 (3.08%) C#
7 1 (1.54%) C++
Quality Assurance & Compliance
1 2 (3.08%) QA
System Software
1 5 (7.69%) Active Directory
2 1 (1.54%) VMware Infrastructure
Systems Management
1 11 (16.92%) Symantec Enterprise Vault
1 11 (16.92%) SCCM
2 5 (7.69%) HP Quality Center
3 1 (1.54%) BMC Marimba
Vendors
1 37 (56.92%) eSpeed
2 36 (55.38%) Reuters
3 33 (50.77%) TIBCO
4 28 (43.08%) Bloomberg
5 27 (41.54%) ION Trading
6 26 (40.00%) Red Hat
7 11 (16.92%) Salesforce.com
7 11 (16.92%) Murex
7 11 (16.92%) Symantec
7 11 (16.92%) AppSense
8 8 (12.31%) Trayport
9 7 (10.77%) Altiris
9 7 (10.77%) Oracle
10 4 (6.15%) Tradeweb
11 3 (4.62%) Sun
12 1 (1.54%) VMware
12 1 (1.54%) HP
12 1 (1.54%) Citrix
12 1 (1.54%) Remedy
City of London
Huxley Associates
Rate: £500 per day + competitive
Posted: 5 days ago
City of London
Huxley Associates
Rate: £450 - £600 per day
Posted: 25 days ago