The table below looks at the statistics for RMDS skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited RMDS over the 3 months to 30 April 2016 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.

3 months to
30 Apr 2016
Same period 2015 Same period 2014
Reuters Market Data System (RMDS)
Rank 619 580 541
Rank change year-on-year
-39 -39
Contract jobs citing RMDS 39 51 77
As % of all contract IT jobs located in the UK 0.070% 0.091% 0.14%
As % of the Business Applications category 0.91% 1.11% 1.54%
Number of daily rates quoted 34 34 65
Average daily rate £600 £563 £650
Average daily rate % change year-on-year
+6.66% -13.46%
90% offered a daily rate of more than £350 £433 £319
10% offered a daily rate of more than £650 £646 £835
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 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
4304 4589 4999
As % of all contract IT jobs located in the UK 7.70% 8.22% 9.14%
Number of daily rates quoted 2654 2542 2809
Average daily rate £438 £450 £425
Average daily rate % change year-on-year
-2.77% +5.88%
90% offered a daily rate of more than £300 £300 £290
10% offered a daily rate of more than £588 £600 £600
UK excluding London average daily rate £425 £425 £400
% change year-on-year
- +6.25%
Number of hourly rates quoted 43 29 48
Average hourly rate £24.50 £30.00 £33.00
Average hourly rate % change year-on-year
-18.33% -9.09%
90% offered a hourly rate of more than £9.00 £15.90 £14.85
10% offered a hourly rate of more than £49.65 £60.55 £52.75
UK excluding London average hourly rate £27.50 £29.42 £37.49
% change year-on-year
-6.51% -21.53%

RMDS
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing RMDS within the UK as a proportion of the total demand within 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 30 April 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 average contractor rates quoted in IT jobs citing RMDS within the UK over the 3 months to 30 April 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
(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 -3 39 £600 +6.66% 1
England -40 39 £600 +6.66% 1
City of London +32 1 £800 +39.13%

RMDS
Top 30 Related IT Skills

For the 6 months to 30 April 2016, IT contractor jobs within the UK citing RMDS 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 RMDS.

1 37 (74.00%) Reuters
2 32 (64.00%) ION Trading
3 30 (60.00%) Front Office
3 30 (60.00%) Fixed Income
4 29 (58.00%) Oracle
5 28 (56.00%) TIBCO
6 27 (54.00%) Electronic Trading
7 26 (52.00%) Rendezvous
7 26 (52.00%) SQL Server
8 21 (42.00%) .NET
8 21 (42.00%) C#
9 20 (40.00%) Microsoft
9 20 (40.00%) XAML
9 20 (40.00%) WPF
9 20 (40.00%) MVVM
9 20 (40.00%) User Experience
10 19 (38.00%) Analytical Skills
11 18 (36.00%) ION MarketView
11 18 (36.00%) NUnit
11 18 (36.00%) Visual Studio
12 14 (28.00%) Finance
13 12 (24.00%) Java
13 12 (24.00%) Unix
14 9 (18.00%) Banking
14 9 (18.00%) Agile Software Development
14 9 (18.00%) Linux
14 9 (18.00%) Multithreading
15 8 (16.00%) Bloomberg
15 8 (16.00%) Cisco
15 8 (16.00%) ITIL

RMDS
Top Related IT Skills by Category

For the 6 months to 30 April 2016, IT contractor jobs within the UK citing RMDS 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 RMDS. Up to 20 skills are shown per category.

Application Platforms
1 7 (14.00%) MS Exchange
2 4 (8.00%) Oracle Workflow
3 2 (4.00%) Apache
4 1 (2.00%) IIS
4 1 (2.00%) Oracle Coherence
4 1 (2.00%) Oracle HTTP Server
4 1 (2.00%) Tomcat
4 1 (2.00%) WebSphere
Applications
1 2 (4.00%) MS Excel
Business Applications
1 18 (36.00%) ION MarketView
Cloud Services
1 1 (2.00%) IaaS
1 1 (2.00%) PaaS
Communications & Networking
1 7 (14.00%) SSL
2 2 (4.00%) LAN
3 1 (2.00%) FCoE
3 1 (2.00%) Fibre Channel
3 1 (2.00%) HTTP
3 1 (2.00%) iSCSI
3 1 (2.00%) Multicast
3 1 (2.00%) NAS
3 1 (2.00%) SAN
3 1 (2.00%) TCP/IP
3 1 (2.00%) WAN
Database & Business Intelligence
1 26 (52.00%) SQL Server
2 1 (2.00%) Hadoop
2 1 (2.00%) HBase
2 1 (2.00%) KDB
Development Applications
1 18 (36.00%) NUnit
1 18 (36.00%) Visual Studio
2 4 (8.00%) JUnit
2 4 (8.00%) Maven
3 2 (4.00%) Grunt
3 2 (4.00%) gulp
4 1 (2.00%) CodeRush
4 1 (2.00%) Git (software)
4 1 (2.00%) Oracle APEX
4 1 (2.00%) ReSharper
4 1 (2.00%) TeamCity
General
1 30 (60.00%) Front Office
2 14 (28.00%) Finance
3 9 (18.00%) Banking
4 4 (8.00%) Investment Banking
5 1 (2.00%) Corporate Banking
5 1 (2.00%) French Language
5 1 (2.00%) Games
Job Titles
1 28 (56.00%) Developer
2 20 (40.00%) Electronic Trading Developer
3 17 (34.00%) C# Developer
4 15 (30.00%) C# Developer - Electronic Trading
4 15 (30.00%) C# WPF Developer
4 15 (30.00%) WPF Developer
5 12 (24.00%) .NET Developer
5 12 (24.00%) C# .NET Developer
5 12 (24.00%) UX Developer
5 12 (24.00%) XAML Developer
6 10 (20.00%) Java Developer
7 9 (18.00%) Analyst
8 7 (14.00%) Senior Analyst
8 7 (14.00%) Service Analyst
9 5 (10.00%) Electronic Trading Java Developer
9 5 (10.00%) Front Office Developer
10 3 (6.00%) Consultant
10 3 (6.00%) Senior Consultant
10 3 (6.00%) Senior Developer
10 3 (6.00%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 26 (52.00%) Rendezvous
2 21 (42.00%) .NET
3 20 (40.00%) WPF
4 5 (10.00%) FIX Protocol
4 5 (10.00%) Middleware
5 4 (8.00%) HTML
6 3 (6.00%) AngularJS
6 3 (6.00%) HTML5
6 3 (6.00%) Reactive Extensions
6 3 (6.00%) Ultra Messaging
7 2 (4.00%) RequireJS
8 1 (2.00%) .NET Framework
8 1 (2.00%) Entity Framework
8 1 (2.00%) LINQ
8 1 (2.00%) SOAP
8 1 (2.00%) Spring
8 1 (2.00%) TIBCO EMS
8 1 (2.00%) Web Services
8 1 (2.00%) XHTML
8 1 (2.00%) XML
Miscellaneous
1 30 (60.00%) Fixed Income
2 20 (40.00%) User Experience
3 19 (38.00%) Analytical Skills
4 4 (8.00%) Foreign Exchange (FX)
4 4 (8.00%) SWIFT
5 3 (6.00%) Computer Science
5 3 (6.00%) Derivative
6 2 (4.00%) Equity Derivative
7 1 (2.00%) Data Centre
7 1 (2.00%) Enterprise Software
7 1 (2.00%) Interest Rate Derivative
7 1 (2.00%) Mathematics
7 1 (2.00%) RIA
Operating Systems
1 12 (24.00%) Unix
2 9 (18.00%) Linux
3 5 (10.00%) Windows
4 1 (2.00%) Solaris
Processes & Methodologies
1 27 (54.00%) Electronic Trading
2 20 (40.00%) MVVM
3 9 (18.00%) Agile Software Development
3 9 (18.00%) Multithreading
4 8 (16.00%) ITIL
5 7 (14.00%) Change Control
5 7 (14.00%) Change Management
5 7 (14.00%) Problem Management
5 7 (14.00%) Project Management
5 7 (14.00%) TDD
6 5 (10.00%) Low Latency
6 5 (10.00%) Workflow
7 3 (6.00%) Concurrent Programming
7 3 (6.00%) OO
8 2 (4.00%) Continuous Delivery
8 2 (4.00%) E-Commerce
9 1 (2.00%) Benchmarking
9 1 (2.00%) OOP
9 1 (2.00%) PRINCE2
9 1 (2.00%) RAD
Programming Languages
1 21 (42.00%) C#
2 20 (40.00%) XAML
3 12 (24.00%) Java
4 6 (12.00%) SQL
5 4 (8.00%) JavaScript
6 3 (6.00%) Shell Script
7 2 (4.00%) C++
7 2 (4.00%) Perl
7 2 (4.00%) Python
8 1 (2.00%) Bash Shell
8 1 (2.00%) C
8 1 (2.00%) PHP
Qualifications
1 7 (14.00%) ITIL Certification
2 3 (6.00%) Degree
3 1 (2.00%) PMI Certification
3 1 (2.00%) PMP
System Software
1 7 (14.00%) Active Directory
1 7 (14.00%) Microsoft App-V
2 1 (2.00%) Hyper-V
2 1 (2.00%) KVM
2 1 (2.00%) NFS
2 1 (2.00%) Oracle RAC
2 1 (2.00%) SRDF
2 1 (2.00%) VMware Infrastructure
2 1 (2.00%) Xen
Systems Management
1 7 (14.00%) SCCM
2 2 (4.00%) Thomson Reuters DACS
3 1 (2.00%) MOM
Vendors
1 37 (74.00%) Reuters
2 32 (64.00%) ION Trading
3 29 (58.00%) Oracle
4 28 (56.00%) TIBCO
5 20 (40.00%) Microsoft
6 8 (16.00%) Bloomberg
6 8 (16.00%) Cisco
6 8 (16.00%) VMware
7 7 (14.00%) Citrix
8 3 (6.00%) Sybase
9 1 (2.00%) DataSynapse
9 1 (2.00%) EMC
9 1 (2.00%) IBM
9 1 (2.00%) Informatica
9 1 (2.00%) Intel
9 1 (2.00%) NetApp
9 1 (2.00%) Solace
9 1 (2.00%) Splunk
9 1 (2.00%) StreamBase
9 1 (2.00%) Sun
London
McGregor Boyall
Rate: £500 - £700 per day
Posted: 3 days ago