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 27 September 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
27 Sep 2016
Same period 2015 Same period 2014
Reuters Market Data System (RMDS)
Rank 628 647 603
Rank change year-on-year
+19 -44
Contract jobs citing RMDS 29 14 39
As % of all contract IT jobs located in the UK 0.054% 0.024% 0.068%
As % of the Business Applications category 0.65% 0.30% 0.73%
Number of daily rates quoted 28 10 33
Median daily rate £500 £625 £625
Median daily rate % change year-on-year
-20.00% -
90% offered a daily rate of more than £413 £385 £320
10% offered a daily rate of more than £650 £631 £700
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
4462 4641 5358
As % of all contract IT jobs located in the UK 8.34% 8.11% 9.36%
Number of daily rates quoted 2692 2591 2995
Median daily rate £450 £435 £450
Median daily rate % change year-on-year
+3.44% -3.33%
90% offered a daily rate of more than £320 £280 £300
10% offered a daily rate of more than £600 £575 £575
UK excluding London median daily rate £425 £425 £425
Number of hourly rates quoted 45 72 75
Median hourly rate £22.50 £21.64 £31.50
Median hourly rate % change year-on-year
+3.97% -31.30%
90% offered a hourly rate of more than £10.09 £12.00 £13.62
10% offered a hourly rate of more than £69.07 £50.80 £57.50
UK excluding London median hourly rate £33.50 £17.50 £31.75
% change year-on-year
+91.42% -44.88%

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 27 September 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 27 September 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 +43 29 £500 -20.00% 1
London +9 29 £500 -20.00% 1
City of London +14 7 £500 -20.00%

RMDS
Top 30 Related IT Skills

For the 6 months to 27 September 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 (78.57%) TIBCO
1 44 (78.57%) Front Office
1 44 (78.57%) Electronic Trading
2 43 (76.79%) SQL Server
3 42 (75.00%) Rendezvous
4 41 (73.21%) Reuters
5 40 (71.43%) Oracle
6 30 (53.57%) Fixed Income
6 30 (53.57%) FIX Protocol
7 25 (44.64%) ION Trading
7 25 (44.64%) Analytical Skills
8 21 (37.50%) Python
9 20 (35.71%) Foreign Exchange (FX)
9 20 (35.71%) TCP/IP
10 19 (33.93%) Unix
10 19 (33.93%) Windows
10 19 (33.93%) Linux
11 18 (32.14%) Java
11 18 (32.14%) C#
11 18 (32.14%) SQL
12 15 (26.79%) .NET
12 15 (26.79%) Microsoft
12 15 (26.79%) User Experience
13 14 (25.00%) MVVM
13 14 (25.00%) Visual Studio
13 14 (25.00%) NUnit
14 13 (23.21%) Multithreading
15 12 (21.43%) Market Making
15 12 (21.43%) Degree
15 12 (21.43%) JUnit

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 9 (16.07%) Oracle Workflow
2 3 (5.36%) Apache
3 2 (3.57%) Oracle Coherence
4 1 (1.79%) IIS
4 1 (1.79%) Oracle HTTP Server
4 1 (1.79%) Tomcat
4 1 (1.79%) WebSphere
Applications
1 2 (3.57%) MS Excel
Business Applications
1 3 (5.36%) ION MarketView
Cloud Services
1 1 (1.79%) IaaS
1 1 (1.79%) PaaS
Communications & Networking
1 20 (35.71%) TCP/IP
2 3 (5.36%) LAN
2 3 (5.36%) SSL
2 3 (5.36%) VPN
3 1 (1.79%) FCoE
3 1 (1.79%) Fibre Channel
3 1 (1.79%) HTTP
3 1 (1.79%) iSCSI
3 1 (1.79%) Multicast
3 1 (1.79%) NAS
3 1 (1.79%) SAN
3 1 (1.79%) WAN
Database & Business Intelligence
1 43 (76.79%) SQL Server
2 1 (1.79%) Hadoop
2 1 (1.79%) HBase
2 1 (1.79%) InfluxDB
2 1 (1.79%) KDB
2 1 (1.79%) Relational Database
2 1 (1.79%) SQL Server 2008
Development Applications
1 14 (25.00%) NUnit
1 14 (25.00%) Visual Studio
2 12 (21.43%) JUnit
3 4 (7.14%) Subversion
4 2 (3.57%) Git (software)
4 2 (3.57%) Maven
4 2 (3.57%) Oracle APEX
5 1 (1.79%) Grunt
5 1 (1.79%) gulp
General
1 44 (78.57%) Front Office
2 8 (14.29%) Finance
3 5 (8.93%) Banking
4 3 (5.36%) Telecoms
5 2 (3.57%) Investment Banking
6 1 (1.79%) Corporate Banking
Job Titles
1 27 (48.21%) Developer
2 22 (39.29%) Electronic Trading Developer
3 19 (33.93%) Analyst
4 14 (25.00%) Support Analyst
5 13 (23.21%) C# Developer
5 13 (23.21%) FX Support Analyst
5 13 (23.21%) Java Developer
6 12 (21.43%) Electronic Trading Java Developer
6 12 (21.43%) Electronic Trading Support
6 12 (21.43%) Unix Analyst
6 12 (21.43%) Unix Support
6 12 (21.43%) Unix Support Analyst
7 11 (19.64%) SQL Analyst
7 11 (19.64%) SQL Support Analyst
8 10 (17.86%) 1st/2nd Line Support
8 10 (17.86%) 1st/2nd Line Support Analyst
8 10 (17.86%) 2nd Line Support
8 10 (17.86%) 2nd Line Support Analyst
8 10 (17.86%) C# Developer - Electronic Trading
9 9 (16.07%) Real Time Developer
Libraries, Frameworks & Software Standards
1 42 (75.00%) Rendezvous
2 30 (53.57%) FIX Protocol
3 15 (26.79%) .NET
4 7 (12.50%) WPF
5 3 (5.36%) HTML
5 3 (5.36%) Middleware
6 2 (3.57%) Ajax
6 2 (3.57%) SOAP
6 2 (3.57%) Ultra Messaging
6 2 (3.57%) Web Services
6 2 (3.57%) XHTML
6 2 (3.57%) XML
7 1 (1.79%) AngularJS
7 1 (1.79%) CSS
7 1 (1.79%) HTML5
7 1 (1.79%) RequireJS
7 1 (1.79%) REST
7 1 (1.79%) Spring
7 1 (1.79%) TIBCO EMS
7 1 (1.79%) WCF
Miscellaneous
1 30 (53.57%) Fixed Income
2 25 (44.64%) Analytical Skills
3 20 (35.71%) Foreign Exchange (FX)
4 15 (26.79%) User Experience
5 5 (8.93%) Derivative
5 5 (8.93%) SCADA
5 5 (8.93%) SWIFT
6 3 (5.36%) Computer Science
6 3 (5.36%) Credit Derivative
7 2 (3.57%) Equity Derivative
8 1 (1.79%) Data Centre
8 1 (1.79%) Enterprise Software
8 1 (1.79%) Equities
8 1 (1.79%) Inversion of Control
8 1 (1.79%) Mathematics
Operating Systems
1 19 (33.93%) Linux
1 19 (33.93%) Unix
1 19 (33.93%) Windows
2 1 (1.79%) Solaris
Processes & Methodologies
1 44 (78.57%) Electronic Trading
2 14 (25.00%) MVVM
3 13 (23.21%) Multithreading
4 12 (21.43%) Market Making
5 11 (19.64%) Algorithmic Trading
6 9 (16.07%) Workflow
7 5 (8.93%) Migration
7 5 (8.93%) Project Management
8 4 (7.14%) E-Commerce
8 4 (7.14%) Incident Management
8 4 (7.14%) Knowledge Management
8 4 (7.14%) Problem Management
8 4 (7.14%) User Acceptance Testing
9 3 (5.36%) Agile Software Development
9 3 (5.36%) API Integration
10 2 (3.57%) Continuous Delivery
10 2 (3.57%) ITIL
10 2 (3.57%) OO
10 2 (3.57%) PRINCE2
10 2 (3.57%) TDD
Programming Languages
1 21 (37.50%) Python
2 18 (32.14%) C#
2 18 (32.14%) Java
2 18 (32.14%) SQL
3 10 (17.86%) C++
4 6 (10.71%) XAML
5 3 (5.36%) JavaScript
6 2 (3.57%) C
6 2 (3.57%) Perl
6 2 (3.57%) PHP
6 2 (3.57%) Shell Script
7 1 (1.79%) Clojure
7 1 (1.79%) Haskell
7 1 (1.79%) Rust
Qualifications
1 12 (21.43%) Degree
2 2 (3.57%) PMP
System Software
1 1 (1.79%) Docker
1 1 (1.79%) Hyper-V
1 1 (1.79%) KVM
1 1 (1.79%) NFS
1 1 (1.79%) Oracle RAC
1 1 (1.79%) SRDF
1 1 (1.79%) VMware Infrastructure
1 1 (1.79%) Xen
Systems Management
1 3 (5.36%) BladeLogic
2 2 (3.57%) Thomson Reuters DACS
3 1 (1.79%) ITRS Geneos
3 1 (1.79%) Puppet
Vendors
1 44 (78.57%) TIBCO
2 41 (73.21%) Reuters
3 40 (71.43%) Oracle
4 25 (44.64%) ION Trading
5 15 (26.79%) Microsoft
6 10 (17.86%) Currenex
6 10 (17.86%) FXall
7 5 (8.93%) Splunk
7 5 (8.93%) Sun
8 3 (5.36%) Radianz
8 3 (5.36%) Sybase
9 1 (1.79%) Bloomberg
9 1 (1.79%) Cisco
9 1 (1.79%) DataSynapse
9 1 (1.79%) EMC
9 1 (1.79%) IBM
9 1 (1.79%) Informatica
9 1 (1.79%) Intel
9 1 (1.79%) NetApp
9 1 (1.79%) VMware