The table below looks at the statistics for knowledge and experience of Tradeweb products and/or services in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Tradeweb over the 3 months to 29 May 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.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within Tradeweb Markets LLC.

3 months to
29 May 2016
Same period 2015 Same period 2014
Tradeweb
Rank 642 626 617
Rank change year-on-year
-16 -9
Contract jobs citing Tradeweb 4 19 6
As % of all contract IT jobs located in the UK 0.007% 0.034% 0.011%
As % of the Vendors category 0.017% 0.076% 0.025%
Number of daily rates quoted 4 10 4
Median daily rate £700 £588 £563
Median daily rate % change year-on-year
+19.14% +4.44%
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 Vendors category in contract jobs advertised across the UK.

Vendors Category
UK
Contract IT job ads with a match in the
Vendors category
23943 25081 23862
As % of all contract IT jobs located in the UK 44.59% 44.79% 44.56%
Number of daily rates quoted 14785 14539 13536
Median daily rate £405 £400 £388
Median daily rate % change year-on-year
+1.25% +3.22%
90% offered a daily rate of more than £250 £225 £220
10% offered a daily rate of more than £575 £550 £550
UK excluding London median daily rate £380 £369 £350
% change year-on-year
+2.98% +5.42%
Number of hourly rates quoted 790 1148 1061
Median hourly rate £20.00 £18.50 £17.50
Median hourly rate % change year-on-year
+8.10% +5.71%
90% offered a hourly rate of more than £11.00 £11.17 £11.00
10% offered a hourly rate of more than £42.50 £40.00 £37.00
UK excluding London median hourly rate £20.00 £18.00 £17.25
% change year-on-year
+11.11% +4.34%

Tradeweb
Jobs Demand Trend

The demand trend of contract jobs citing Tradeweb as a proportion of all IT contracts with a match in the Vendors category.

Tradeweb Jobs Demand Trend in the UK

Tradeweb
Daily Rate Trend

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

Tradeweb Daily Rate Trend in the UK

Tradeweb
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Tradeweb within the UK over the 3 months to 29 May 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
London -2 4 £700 +19.14%
England -5 4 £700 +19.14%

Tradeweb
Top 21 Related IT Skills

For the 6 months to 29 May 2016, IT contractor jobs citing Tradeweb 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 Tradeweb.

1 8 (100.00%) Bloomberg
1 8 (100.00%) Front Office
1 8 (100.00%) ION Trading
2 7 (87.50%) Banking
2 7 (87.50%) Investment Banking
3 6 (75.00%) SQL
4 5 (62.50%) ION MarketView
5 4 (50.00%) Fixed Income
6 3 (37.50%) Back Office
6 3 (37.50%) Murex
7 2 (25.00%) Derivative
8 1 (12.50%) FIX Protocol
8 1 (12.50%) User Acceptance Testing
8 1 (12.50%) Electronic Trading
8 1 (12.50%) Migration
8 1 (12.50%) Java
8 1 (12.50%) ITIL
8 1 (12.50%) Unix
8 1 (12.50%) Windows
8 1 (12.50%) Analytical Skills
8 1 (12.50%) Credit Derivative

Tradeweb
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:

Business Applications
1 5 (62.50%) ION MarketView
General
1 8 (100.00%) Front Office
2 7 (87.50%) Banking
2 7 (87.50%) Investment Banking
3 3 (37.50%) Back Office
Job Titles
1 6 (75.00%) Analyst
1 6 (75.00%) Support Analyst
2 1 (12.50%) Production Support Analyst
2 1 (12.50%) Systems Support
Libraries, Frameworks & Software Standards
1 1 (12.50%) FIX Protocol
Miscellaneous
1 4 (50.00%) Fixed Income
2 2 (25.00%) Derivative
3 1 (12.50%) Analytical Skills
3 1 (12.50%) Credit Derivative
Operating Systems
1 1 (12.50%) Unix
1 1 (12.50%) Windows
Processes & Methodologies
1 1 (12.50%) Electronic Trading
1 1 (12.50%) ITIL
1 1 (12.50%) Migration
1 1 (12.50%) User Acceptance Testing
Programming Languages
1 6 (75.00%) SQL
2 1 (12.50%) Java
Vendors
1 8 (100.00%) Bloomberg
1 8 (100.00%) ION Trading
2 3 (37.50%) Murex