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 average contractor rates offered in IT contracts that have cited Tradeweb over the 3 months to 11 February 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.

Location
3 months to
11 Feb 2016
Same period 2015 Same period 2014
Tradeweb
Rank 623 589 575
Rank change year-on-year
-34 -14
Contract jobs citing Tradeweb 3 23 13
As % of all contract IT jobs located in the UK 0.006% 0.044% 0.026%
As % of the Vendors category 0.014% 0.097% 0.057%
Number of daily rates quoted 1 11 7
Average daily rate £650 £525 £625
Average daily rate % change year-on-year
+23.80% -16.00%
UK excluding London average daily rate - £70 -
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 Vendors category in contract jobs advertised across the UK.

Vendors Category
UK
Contract IT job ads with a match in the
Vendors category
22062 23715 22622
As % of all contract IT jobs located in the UK 42.89% 45.79% 45.50%
Number of daily rates quoted 13130 13749 12420
Average daily rate £400 £400 £388
Average daily rate % change year-on-year
- +3.22%
90% offered a daily rate of more than £235 £225 £220
10% offered a daily rate of more than £560 £550 £550
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 866 1006 988
Average hourly rate £22.00 £17.50 £17.32
Average hourly rate % change year-on-year
+25.71% +1.03%
90% offered a hourly rate of more than £11.02 £11.50 £11.00
10% offered a hourly rate of more than £55.00 £40.00 £40.00
UK excluding London average hourly rate £21.50 £17.50 £16.50
% change year-on-year
+22.85% +6.06%

Tradeweb
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Tradeweb within the UK as a proportion of the total demand within 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 average contractor rates quoted in IT jobs citing Tradeweb within the UK over the 3 months to 11 February 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 3 £650 +23.80% 2
England -15 3 £650 +23.80% 2

Tradeweb
Top 30 Related IT Skills

For the 6 months to 11 February 2016, IT contractor jobs within the UK citing Tradeweb 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 Tradeweb.

1 6 (75.00%) Bloomberg
1 6 (75.00%) Banking
1 6 (75.00%) Electronic Trading
2 4 (50.00%) Investment Banking
2 4 (50.00%) Front Office
3 3 (37.50%) ION Trading
3 3 (37.50%) Fixed Income
3 3 (37.50%) Windows
3 3 (37.50%) Eurex
4 2 (25.00%) Software Deployment
4 2 (25.00%) Business Analysis
4 2 (25.00%) Korn
4 2 (25.00%) Derivative
4 2 (25.00%) MarketAxess
4 2 (25.00%) Trayport
4 2 (25.00%) Eclipse
4 2 (25.00%) Murex
4 2 (25.00%) Active Directory
4 2 (25.00%) Perl
4 2 (25.00%) Subversion
4 2 (25.00%) Back Office
4 2 (25.00%) Finance
5 1 (12.50%) Migration
5 1 (12.50%) Credit Derivative
5 1 (12.50%) SQL
5 1 (12.50%) SQL Server
5 1 (12.50%) ITIL
5 1 (12.50%) Unix
5 1 (12.50%) Project Management
5 1 (12.50%) ION MarketView

Tradeweb
Top Related IT Skills by Category

For the 6 months to 11 February 2016, IT contractor jobs within the UK citing Tradeweb 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 Tradeweb. Up to 20 skills are shown per category.

Business Applications
1 1 (12.50%) ION MarketView
Database & Business Intelligence
1 1 (12.50%) SQL Server
Development Applications
1 2 (25.00%) Eclipse
1 2 (25.00%) Subversion
General
1 6 (75.00%) Banking
2 4 (50.00%) Front Office
2 4 (50.00%) Investment Banking
3 2 (25.00%) Back Office
3 2 (25.00%) Finance
Job Titles
1 6 (75.00%) Analyst
2 3 (37.50%) Business Analyst
2 3 (37.50%) Electronic Trading Business Analyst
2 3 (37.50%) Support Analyst
3 2 (25.00%) Banking Analyst
3 2 (25.00%) Electronic Trading Support
3 2 (25.00%) Senior Analyst
3 2 (25.00%) Senior Business Analyst
3 2 (25.00%) Systems Support
4 1 (12.50%) Analyst Developer
4 1 (12.50%) Data Analyst
4 1 (12.50%) Developer
4 1 (12.50%) Electronics Engineer
4 1 (12.50%) Market Data Developer
4 1 (12.50%) Support Engineer
4 1 (12.50%) Systems Analyst
4 1 (12.50%) Systems Developer
4 1 (12.50%) Systems Engineer
4 1 (12.50%) Systems Support Analyst
4 1 (12.50%) Systems Support Engineer
Libraries, Frameworks & Software Standards
1 1 (12.50%) FIX Protocol
Miscellaneous
1 3 (37.50%) Eurex
1 3 (37.50%) Fixed Income
2 2 (25.00%) Derivative
3 1 (12.50%) Analytical Skills
3 1 (12.50%) Credit Derivative
Operating Systems
1 3 (37.50%) Windows
2 1 (12.50%) Unix
Processes & Methodologies
1 6 (75.00%) Electronic Trading
2 2 (25.00%) Business Analysis
2 2 (25.00%) Software Deployment
3 1 (12.50%) ITIL
3 1 (12.50%) Migration
3 1 (12.50%) Project Management
Programming Languages
1 2 (25.00%) Korn
1 2 (25.00%) Perl
2 1 (12.50%) SQL
System Software
1 2 (25.00%) Active Directory
Vendors
1 6 (75.00%) Bloomberg
2 3 (37.50%) ION Trading
3 2 (25.00%) MarketAxess
3 2 (25.00%) Murex
3 2 (25.00%) Trayport
London
Scot Lewis Associates
Rate: From £600 to £800 per day (DOE)
Posted: 5 days ago