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 18 January 2017 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
18 Jan 2017
Same period 2016 Same period 2015
Reuters Market Data System (RMDS)
UK
Rank 577 609 568
Rank change year-on-year
+32 -41
Contract jobs citing RMDS 23 9 33
As % of all contract IT jobs located in the UK 0.051% 0.018% 0.066%
As % of the Business Applications category 0.60% 0.22% 0.68%
Number of daily rates quoted 22 6 23
Median daily rate £650 £613 £500
Median daily rate % change year-on-year
+6.12% +22.50%
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
3863 4185 4862
As % of all contract IT jobs located in the UK 8.61% 8.23% 9.74%
Number of daily rates quoted 2420 2409 2776
Median daily rate £450 £438 £435
Median daily rate % change year-on-year
+2.85% +0.57%
90% offered a daily rate of more than £325 £301 £295
10% offered a daily rate of more than £600 £590 £600
UK excluding London median daily rate £440 £425 £425
% change year-on-year
+3.52% -
Number of hourly rates quoted 34 72 33
Median hourly rate £23.00 £42.50 £18.25
Median hourly rate % change year-on-year
-45.88% +132.87%
90% offered a hourly rate of more than £5.00 £18.02 £12.85
10% offered a hourly rate of more than £42.00 £69.07 £67.00
UK excluding London median hourly rate £29.25 £42.50 £17.50
% change year-on-year
-31.17% +142.85%

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 18 January 2017.

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 18 January 2017. 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 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 +38 23 £650 +6.12%
London +22 23 £650 +6.12%
City of London -15 2 £650 +4.00%

RMDS
Top 30 Related IT Skills

For the 6 months to 18 January 2017, 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 50 (89.29%) TIBCO
1 50 (89.29%) Rendezvous
1 50 (89.29%) Reuters
2 48 (85.71%) Electronic Trading
3 46 (82.14%) Oracle
4 45 (80.36%) Front Office
5 40 (71.43%) Fixed Income
6 35 (62.50%) SQL Server
6 35 (62.50%) FIX Protocol
7 34 (60.71%) ION Trading
8 30 (53.57%) Multithreading
9 27 (48.21%) Linux
10 25 (44.64%) Java
11 22 (39.29%) JUnit
12 19 (33.93%) Unix
13 17 (30.36%) Oracle Workflow
13 17 (30.36%) Workflow
13 17 (30.36%) Analytical Skills
14 16 (28.57%) Foreign Exchange (FX)
14 16 (28.57%) Windows
15 15 (26.79%) Python
15 15 (26.79%) TCP/IP
15 15 (26.79%) C#
16 13 (23.21%) SQL
17 12 (21.43%) C++
18 10 (17.86%) FXall
18 10 (17.86%) Market Making
18 10 (17.86%) Currenex
18 10 (17.86%) Degree
18 10 (17.86%) 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 17 (30.36%) Oracle Workflow
2 2 (3.57%) Apache
Business Applications
1 5 (8.93%) ION MarketView
Communications & Networking
1 15 (26.79%) TCP/IP
2 3 (5.36%) LDAP
2 3 (5.36%) NAS
2 3 (5.36%) SAN
3 2 (3.57%) LAN
Database & Business Intelligence
1 35 (62.50%) SQL Server
2 3 (5.36%) MySQL
2 3 (5.36%) Oracle Reports
3 1 (1.79%) InfluxDB
3 1 (1.79%) Relational Database
Development Applications
1 22 (39.29%) JUnit
2 5 (8.93%) NUnit
2 5 (8.93%) Visual Studio
3 2 (3.57%) Oracle APEX
4 1 (1.79%) Grunt
4 1 (1.79%) gulp
4 1 (1.79%) Maven
General
1 45 (80.36%) Front Office
2 4 (7.14%) Finance
3 3 (5.36%) Banking
4 1 (1.79%) Investment Banking
Job Titles
1 35 (62.50%) Developer
2 24 (42.86%) Electronic Trading Developer
3 20 (35.71%) Java Developer
4 19 (33.93%) Electronic Trading Java Developer
5 15 (26.79%) C# Developer
6 12 (21.43%) Real Time Developer
7 11 (19.64%) Analyst
7 11 (19.64%) Electronic Trading Support
7 11 (19.64%) FX Support Analyst
7 11 (19.64%) 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
8 10 (17.86%) C++/C# Developer
8 10 (17.86%) SQL Analyst
8 10 (17.86%) SQL Support Analyst
8 10 (17.86%) Unix Analyst
8 10 (17.86%) Unix Support
Libraries, Frameworks & Software Standards
1 50 (89.29%) Rendezvous
2 35 (62.50%) FIX Protocol
3 8 (14.29%) WinForms
4 6 (10.71%) .NET
5 5 (8.93%) WPF
6 3 (5.36%) HTML
7 2 (3.57%) Ajax
7 2 (3.57%) SOAP
7 2 (3.57%) Web Services
7 2 (3.57%) XHTML
7 2 (3.57%) XML
8 1 (1.79%) AngularJS
8 1 (1.79%) CSS
8 1 (1.79%) HTML5
8 1 (1.79%) RequireJS
8 1 (1.79%) REST
8 1 (1.79%) Ultra Messaging
Miscellaneous
1 40 (71.43%) Fixed Income
2 17 (30.36%) Analytical Skills
3 16 (28.57%) Foreign Exchange (FX)
4 6 (10.71%) Credit Derivative
4 6 (10.71%) Derivative
5 5 (8.93%) User Experience
6 4 (7.14%) SCADA
7 2 (3.57%) Fintech
8 1 (1.79%) Equities
Operating Systems
1 27 (48.21%) Linux
2 19 (33.93%) Unix
3 16 (28.57%) Windows
4 3 (5.36%) Red Hat Enterprise Linux
4 3 (5.36%) Solaris
Processes & Methodologies
1 48 (85.71%) Electronic Trading
2 30 (53.57%) Multithreading
3 17 (30.36%) Workflow
4 10 (17.86%) Algorithmic Trading
4 10 (17.86%) Market Making
5 8 (14.29%) Multithreaded Programming
6 6 (10.71%) Agile Software Development
7 5 (8.93%) Mentoring
7 5 (8.93%) MVVM
7 5 (8.93%) Project Management
8 4 (7.14%) Incident Management
8 4 (7.14%) Knowledge Management
8 4 (7.14%) Migration
8 4 (7.14%) Problem Management
9 3 (5.36%) Change Management
10 2 (3.57%) Data Management
10 2 (3.57%) ITIL
10 2 (3.57%) ITIL V3
10 2 (3.57%) PRINCE2
11 1 (1.79%) Non-Functional Testing
Programming Languages
1 25 (44.64%) Java
2 15 (26.79%) C#
2 15 (26.79%) Python
3 13 (23.21%) SQL
4 12 (21.43%) C++
5 5 (8.93%) XAML
6 4 (7.14%) Shell Script
7 3 (5.36%) JavaScript
8 2 (3.57%) C
8 2 (3.57%) Perl
8 2 (3.57%) PHP
9 1 (1.79%) Clojure
9 1 (1.79%) Haskell
9 1 (1.79%) Rust
Qualifications
1 10 (17.86%) Degree
2 2 (3.57%) PMP
System Software
1 3 (5.36%) Active Directory
1 3 (5.36%) NFS
2 1 (1.79%) Docker
2 1 (1.79%) VMware Infrastructure
Systems Management
1 3 (5.36%) Red Hat Spacewalk
2 2 (3.57%) Thomson Reuters DACS
3 1 (1.79%) ITRS Geneos
3 1 (1.79%) Puppet
Vendors
1 50 (89.29%) Reuters
1 50 (89.29%) TIBCO
2 46 (82.14%) Oracle
3 34 (60.71%) ION Trading
4 10 (17.86%) Currenex
4 10 (17.86%) FXall
5 7 (12.50%) Microsoft
6 5 (8.93%) Sybase
7 4 (7.14%) Sun
8 3 (5.36%) VMware
9 2 (3.57%) Splunk