The table below looks at the statistics for RMDS skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited RMDS over the 3 months to 2 December 2016 with a comparison to the same period over 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.

3 months to
2 Dec 2016
Same period 2015 Same period 2014
Reuters Market Data System (RMDS)
Rank 596 632 606
Rank change year-on-year
+36 -26
Contract jobs citing RMDS 32 13 32
As % of all contract IT jobs located in the UK 0.064% 0.023% 0.055%
As % of the Business Applications category 0.74% 0.28% 0.61%
Number of daily rates quoted 30 8 26
Median daily rate £650 £600 £563
Median daily rate % change year-on-year
+8.33% +6.66%
UK excluding London median daily rate - - -
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 Business Applications category in contract jobs advertised across the UK.

Business Applications Category
UK
Contract IT job ads with a match in the
Business Applications category
4320 4630 5257
As % of all contract IT jobs located in the UK 8.61% 8.33% 9.10%
Number of daily rates quoted 2694 2608 3089
Median daily rate £450 £438 £438
Median daily rate % change year-on-year
+2.85% -
90% offered a daily rate of more than £325 £300 £286
10% offered a daily rate of more than £600 £575 £600
UK excluding London median daily rate £425 £425 £425
Number of hourly rates quoted 40 83 44
Median hourly rate £17.50 £35.00 £24.00
Median hourly rate % change year-on-year
-50.00% +45.83%
90% offered a hourly rate of more than £5.00 £17.48 £11.80
10% offered a hourly rate of more than £42.12 £52.47 £71.60
UK excluding London median hourly rate £23.00 £39.14 £24.00
% change year-on-year
-41.22% +63.06%

RMDS
Jobs Demand Trend

The demand trend of contract jobs citing RMDS as a proportion of all IT contracts with a match in the Business Applications category.

RMDS Jobs Demand Trend in the UK

RMDS
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing RMDS within the UK.

RMDS Daily Rate Trend in the UK

RMDS
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing RMDS within the UK over the 3 months to 2 December 2016.

RMDS Daily Rate Histogram in the UK

RMDS
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing RMDS within the UK.

RMDS Hourly Rate Trend in the UK

RMDS
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing RMDS within the UK over the 3 months to 2 December 2016. 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
(Click see detailed
statistics and trends)
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
England +30 32 £650 +8.33% 1
London +15 32 £650 +8.33% 1
City of London -4 6 £650 +4.00%

RMDS
Top 30 Related IT Skills

For the 6 months to 2 December 2016, IT contractor jobs citing RMDS 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 RMDS.

1 44 (88.00%) TIBCO
2 42 (84.00%) Rendezvous
2 42 (84.00%) Front Office
2 42 (84.00%) Electronic Trading
3 40 (80.00%) Reuters
4 38 (76.00%) Oracle
5 32 (64.00%) FIX Protocol
6 30 (60.00%) SQL Server
6 30 (60.00%) Fixed Income
7 24 (48.00%) Multithreading
7 24 (48.00%) ION Trading
8 23 (46.00%) Linux
9 22 (44.00%) Unix
10 20 (40.00%) Java
11 18 (36.00%) Windows
11 18 (36.00%) Python
11 18 (36.00%) Foreign Exchange (FX)
12 17 (34.00%) TCP/IP
12 17 (34.00%) JUnit
13 15 (30.00%) Analytical Skills
14 14 (28.00%) SQL
15 12 (24.00%) Market Making
15 12 (24.00%) Oracle Workflow
15 12 (24.00%) Workflow
15 12 (24.00%) C++
15 12 (24.00%) Degree
16 11 (22.00%) C#
17 10 (20.00%) Currenex
17 10 (20.00%) FXall
17 10 (20.00%) Algorithmic Trading

RMDS
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 12 (24.00%) Oracle Workflow
2 2 (4.00%) Apache
3 1 (2.00%) Oracle Coherence
Business Applications
1 3 (6.00%) ION MarketView
Communications & Networking
1 17 (34.00%) TCP/IP
2 3 (6.00%) LDAP
2 3 (6.00%) NAS
2 3 (6.00%) SAN
3 2 (4.00%) LAN
Database & Business Intelligence
1 30 (60.00%) SQL Server
2 3 (6.00%) MySQL
2 3 (6.00%) Oracle Reports
3 1 (2.00%) InfluxDB
3 1 (2.00%) Relational Database
3 1 (2.00%) SQL Server 2008
Development Applications
1 17 (34.00%) JUnit
2 2 (4.00%) Git (software)
2 2 (4.00%) Maven
2 2 (4.00%) NUnit
2 2 (4.00%) Oracle APEX
2 2 (4.00%) Visual Studio
3 1 (2.00%) Grunt
3 1 (2.00%) gulp
3 1 (2.00%) Subversion
General
1 42 (84.00%) Front Office
2 6 (12.00%) Finance
3 3 (6.00%) Banking
4 1 (2.00%) Investment Banking
Job Titles
1 30 (60.00%) Developer
2 19 (38.00%) Electronic Trading Developer
3 18 (36.00%) Java Developer
4 17 (34.00%) Electronic Trading Java Developer
5 13 (26.00%) Analyst
5 13 (26.00%) FX Support Analyst
5 13 (26.00%) Support Analyst
6 12 (24.00%) Electronic Trading Support
6 12 (24.00%) Real Time Developer
6 12 (24.00%) Unix Analyst
6 12 (24.00%) Unix Support
6 12 (24.00%) Unix Support Analyst
7 11 (22.00%) C# Developer
7 11 (22.00%) SQL Analyst
7 11 (22.00%) SQL Support Analyst
8 10 (20.00%) 1st/2nd Line Support
8 10 (20.00%) 1st/2nd Line Support Analyst
8 10 (20.00%) 2nd Line Support
8 10 (20.00%) 2nd Line Support Analyst
8 10 (20.00%) Front Office Developer
Libraries, Frameworks & Software Standards
1 42 (84.00%) Rendezvous
2 32 (64.00%) FIX Protocol
3 6 (12.00%) WinForms
4 4 (8.00%) .NET
5 3 (6.00%) HTML
6 2 (4.00%) Ajax
6 2 (4.00%) Middleware
6 2 (4.00%) SOAP
6 2 (4.00%) Web Services
6 2 (4.00%) XHTML
6 2 (4.00%) XML
7 1 (2.00%) AngularJS
7 1 (2.00%) CSS
7 1 (2.00%) HTML5
7 1 (2.00%) REST
7 1 (2.00%) Spring
7 1 (2.00%) TIBCO EMS
7 1 (2.00%) Ultra Messaging
7 1 (2.00%) WCF
7 1 (2.00%) WPF
Miscellaneous
1 30 (60.00%) Fixed Income
2 18 (36.00%) Foreign Exchange (FX)
3 15 (30.00%) Analytical Skills
4 6 (12.00%) Credit Derivative
4 6 (12.00%) Derivative
5 5 (10.00%) SCADA
6 3 (6.00%) User Experience
7 2 (4.00%) Computer Science
7 2 (4.00%) Fintech
8 1 (2.00%) Enterprise Software
8 1 (2.00%) Equities
8 1 (2.00%) Inversion of Control
8 1 (2.00%) Mathematics
Operating Systems
1 23 (46.00%) Linux
2 22 (44.00%) Unix
3 18 (36.00%) Windows
4 3 (6.00%) Red Hat Enterprise Linux
4 3 (6.00%) Solaris
Processes & Methodologies
1 42 (84.00%) Electronic Trading
2 24 (48.00%) Multithreading
3 12 (24.00%) Market Making
3 12 (24.00%) Workflow
4 10 (20.00%) Algorithmic Trading
5 7 (14.00%) Multithreaded Programming
6 5 (10.00%) Migration
6 5 (10.00%) Project Management
7 4 (8.00%) Incident Management
7 4 (8.00%) Knowledge Management
7 4 (8.00%) Problem Management
8 3 (6.00%) Change Management
9 2 (4.00%) Agile Software Development
9 2 (4.00%) Continuous Integration
9 2 (4.00%) Data Management
9 2 (4.00%) ITIL
9 2 (4.00%) OO
9 2 (4.00%) PRINCE2
9 2 (4.00%) Software Engineering
9 2 (4.00%) TDD
Programming Languages
1 20 (40.00%) Java
2 18 (36.00%) Python
3 14 (28.00%) SQL
4 12 (24.00%) C++
5 11 (22.00%) C#
6 5 (10.00%) Shell Script
7 3 (6.00%) JavaScript
8 2 (4.00%) C
8 2 (4.00%) Perl
8 2 (4.00%) PHP
9 1 (2.00%) Clojure
9 1 (2.00%) Haskell
9 1 (2.00%) Rust
Qualifications
1 12 (24.00%) Degree
2 2 (4.00%) PMP
System Software
1 3 (6.00%) Active Directory
1 3 (6.00%) NFS
2 1 (2.00%) Docker
2 1 (2.00%) VMware Infrastructure
Systems Management
1 3 (6.00%) Red Hat Spacewalk
2 2 (4.00%) Thomson Reuters DACS
3 1 (2.00%) ITRS Geneos
3 1 (2.00%) Puppet
Vendors
1 44 (88.00%) TIBCO
2 40 (80.00%) Reuters
3 38 (76.00%) Oracle
4 24 (48.00%) ION Trading
5 10 (20.00%) Currenex
5 10 (20.00%) FXall
6 5 (10.00%) Microsoft
6 5 (10.00%) Sun
6 5 (10.00%) Sybase
7 3 (6.00%) VMware
8 2 (4.00%) Splunk
9 1 (2.00%) Informatica
9 1 (2.00%) StreamBase
London
Harrington Starr
Rate: £550 - £650 per day
Posted: 5 days ago