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 February 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
27 Feb 2017
Same period 2016 Same period 2015
Reuters Market Data System (RMDS)
UK
Rank 578 609 575
Rank change year-on-year
+31 -34
Contract jobs citing RMDS 23 27 48
As % of all contract IT jobs located in the UK 0.051% 0.053% 0.092%
As % of the Business Applications category 0.57% 0.66% 0.99%
Number of daily rates quoted 22 25 30
Median daily rate £650 £600 £569
Median daily rate % change year-on-year
+8.33% +5.49%
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
4010 4112 4863
As % of all contract IT jobs located in the UK 8.81% 8.03% 9.28%
Number of daily rates quoted 2475 2468 2744
Median daily rate £450 £425 £450
Median daily rate % change year-on-year
+5.88% -5.55%
90% offered a daily rate of more than £313 £300 £300
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £450 £415 £425
% change year-on-year
+8.43% -2.35%
Number of hourly rates quoted 42 48 39
Median hourly rate £33.00 £28.75 £30.00
Median hourly rate % change year-on-year
+14.78% -4.16%
90% offered a hourly rate of more than £12.50 £12.00 £13.00
10% offered a hourly rate of more than £75.50 £69.07 £58.61
UK excluding London median hourly rate £33.00 £27.50 £18.00
% change year-on-year
+20.00% +52.77%

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 February 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 27 February 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
London +15 23 £650 +8.33%
England +8 23 £650 +8.33%
City of London -2 1 £538 -14.00%

RMDS
Top 30 Related IT Skills

For the 6 months to 27 February 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 51 (91.07%) Reuters
2 49 (87.50%) TIBCO
2 49 (87.50%) Rendezvous
3 47 (83.93%) Electronic Trading
4 44 (78.57%) Oracle
5 43 (76.79%) Fixed Income
6 41 (73.21%) Front Office
7 38 (67.86%) ION Trading
8 35 (62.50%) SQL Server
9 31 (55.36%) FIX Protocol
10 30 (53.57%) Multithreading
11 26 (46.43%) Linux
12 24 (42.86%) Java
13 22 (39.29%) JUnit
14 20 (35.71%) C#
15 18 (32.14%) Workflow
15 18 (32.14%) Oracle Workflow
15 18 (32.14%) Analytical Skills
16 13 (23.21%) Unix
17 11 (19.64%) Windows
17 11 (19.64%) .NET
17 11 (19.64%) C++
17 11 (19.64%) Microsoft
18 10 (17.86%) Foreign Exchange (FX)
18 10 (17.86%) Agile Software Development
19 9 (16.07%) WPF
19 9 (16.07%) MVVM
19 9 (16.07%) NUnit
19 9 (16.07%) TCP/IP
19 9 (16.07%) XAML

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 18 (32.14%) Oracle Workflow
2 1 (1.79%) Apache
2 1 (1.79%) Confluence
Business Applications
1 4 (7.14%) ION MarketView
2 1 (1.79%) Orchestrade
2 1 (1.79%) Summit
Communications & Networking
1 9 (16.07%) TCP/IP
2 3 (5.36%) LDAP
2 3 (5.36%) NAS
2 3 (5.36%) SAN
3 1 (1.79%) 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%) Big Data
3 1 (1.79%) Data Mining
3 1 (1.79%) InfluxDB
3 1 (1.79%) NoSQL
3 1 (1.79%) Relational Database
Development Applications
1 22 (39.29%) JUnit
2 9 (16.07%) NUnit
2 9 (16.07%) Visual Studio
3 1 (1.79%) Grunt
3 1 (1.79%) gulp
3 1 (1.79%) JIRA
3 1 (1.79%) Maven
3 1 (1.79%) Oracle APEX
General
1 41 (73.21%) Front Office
2 6 (10.71%) Finance
3 3 (5.36%) Banking
4 1 (1.79%) French Language
Job Titles
1 35 (62.50%) Developer
2 24 (42.86%) Electronic Trading Developer
3 19 (33.93%) C# Developer
4 16 (28.57%) Java Developer
5 15 (26.79%) Electronic Trading Java Developer
6 10 (17.86%) C++ Developer
6 10 (17.86%) C++/C# Developer
7 9 (16.07%) .NET Developer
7 9 (16.07%) C# .NET Developer
7 9 (16.07%) C# Developer - Electronic Trading
7 9 (16.07%) C# Pricing Developer
7 9 (16.07%) C# WPF Developer
7 9 (16.07%) C++ Pricing Developer
7 9 (16.07%) Front Office C++ Developer
7 9 (16.07%) Front Office Developer
7 9 (16.07%) Real Time Developer
7 9 (16.07%) WPF Developer
7 9 (16.07%) XAML Developer
8 8 (14.29%) Analyst
9 7 (12.50%) Development Manager
Libraries, Frameworks & Software Standards
1 49 (87.50%) Rendezvous
2 31 (55.36%) FIX Protocol
3 11 (19.64%) .NET
4 9 (16.07%) WPF
5 8 (14.29%) WinForms
6 3 (5.36%) HTML
7 2 (3.57%) HTML5
8 1 (1.79%) Ajax
8 1 (1.79%) AngularJS
8 1 (1.79%) CSS
8 1 (1.79%) FpML
8 1 (1.79%) RequireJS
8 1 (1.79%) REST
8 1 (1.79%) SOAP
8 1 (1.79%) Ultra Messaging
8 1 (1.79%) Web Services
8 1 (1.79%) XHTML
8 1 (1.79%) XML
Miscellaneous
1 43 (76.79%) Fixed Income
2 18 (32.14%) Analytical Skills
3 10 (17.86%) Foreign Exchange (FX)
4 9 (16.07%) User Experience
5 7 (12.50%) Derivative
6 5 (8.93%) Credit Derivative
7 2 (3.57%) Fintech
8 1 (1.79%) Equities
Operating Systems
1 26 (46.43%) Linux
2 13 (23.21%) Unix
3 11 (19.64%) Windows
4 3 (5.36%) Red Hat Enterprise Linux
4 3 (5.36%) Solaris
Processes & Methodologies
1 47 (83.93%) Electronic Trading
2 30 (53.57%) Multithreading
3 18 (32.14%) Workflow
4 10 (17.86%) Agile Software Development
5 9 (16.07%) Mentoring
5 9 (16.07%) MVVM
6 8 (14.29%) Multithreaded Programming
7 6 (10.71%) Algorithmic Trading
7 6 (10.71%) Market Making
8 4 (7.14%) Change Management
8 4 (7.14%) Project Management
9 2 (3.57%) CRM
9 2 (3.57%) Data Management
9 2 (3.57%) Mathematics
10 1 (1.79%) Continuous Delivery
10 1 (1.79%) ITIL V3
10 1 (1.79%) Non-Functional Testing
10 1 (1.79%) Prototyping
10 1 (1.79%) Security Patching
10 1 (1.79%) TDD
Programming Languages
1 24 (42.86%) Java
2 20 (35.71%) C#
3 11 (19.64%) C++
4 9 (16.07%) Python
4 9 (16.07%) XAML
5 8 (14.29%) SQL
6 4 (7.14%) Shell Script
7 2 (3.57%) JavaScript
8 1 (1.79%) C
8 1 (1.79%) Clojure
8 1 (1.79%) Haskell
8 1 (1.79%) Perl
8 1 (1.79%) PHP
8 1 (1.79%) Rust
Qualifications
1 6 (10.71%) Degree
2 1 (1.79%) PMP
Quality Assurance & Compliance
1 1 (1.79%) MiFID
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 1 (1.79%) Puppet
2 1 (1.79%) Thomson Reuters DACS
Vendors
1 51 (91.07%) Reuters
2 49 (87.50%) TIBCO
3 44 (78.57%) Oracle
4 38 (67.86%) ION Trading
5 11 (19.64%) Microsoft
6 6 (10.71%) Currenex
6 6 (10.71%) FXall
7 4 (7.14%) Sybase
8 3 (5.36%) VMware
9 1 (1.79%) Splunk