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 30 August 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
30 Aug 2016
Same period 2015 Same period 2014
Tradeweb
Rank 644 646 623
Rank change year-on-year
+2 -23
Contract jobs citing Tradeweb 3 13 21
As % of all contract IT jobs located in the UK 0.006% 0.023% 0.038%
As % of the Vendors category 0.012% 0.051% 0.082%
Number of daily rates quoted 3 9 17
Median daily rate £313 £550 £450
Median daily rate % change year-on-year
-43.18% +22.22%
90% offered a daily rate of more than £257 £361 £310
10% offered a daily rate of more than £563 £650 £519
UK excluding London median daily rate £278 - -
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
24375 25365 25559
As % of all contract IT jobs located in the UK 45.09% 44.10% 45.93%
Number of daily rates quoted 14876 14965 14249
Median daily rate £409 £400 £380
Median daily rate % change year-on-year
+2.25% +5.26%
90% offered a daily rate of more than £250 £234 £215
10% offered a daily rate of more than £550 £550 £550
UK excluding London median daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 836 1088 1089
Median hourly rate £19.50 £18.52 £18.44
Median hourly rate % change year-on-year
+5.29% +0.43%
90% offered a hourly rate of more than £11.00 £11.50 £11.00
10% offered a hourly rate of more than £45.00 £43.00 £38.45
UK excluding London median hourly rate £20.00 £18.72 £17.50
% change year-on-year
+6.86% +6.94%

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
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Tradeweb within the UK over the 3 months to 30 August 2016.

Tradeweb Daily Rate Histogram in the UK

Tradeweb
Top 5 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 30 August 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
England -5 3 £313 -43.18% 1
Birmingham - 2 £278 -
West Midlands - 2 £278 -
City of London +23 1 £625 +4.16%
London -26 1 £625 +13.63% 1

Tradeweb
Top 15 Related IT Skills

For the 6 months to 30 August 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 4 (57.14%) Front Office
1 4 (57.14%) SQL
1 4 (57.14%) Bloomberg
1 4 (57.14%) Banking
1 4 (57.14%) ION Trading
1 4 (57.14%) Investment Banking
1 4 (57.14%) ION MarketView
2 2 (28.57%) Finance
2 2 (28.57%) ITIL
2 2 (28.57%) Analytical Skills
2 2 (28.57%) Virtual Team
2 2 (28.57%) Electronic Trading
3 1 (14.29%) Workflow
3 1 (14.29%) Fixed Income
3 1 (14.29%) 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 4 (57.14%) ION MarketView
General
1 4 (57.14%) Banking
1 4 (57.14%) Front Office
1 4 (57.14%) Investment Banking
2 2 (28.57%) Finance
Job Titles
1 5 (71.43%) Analyst
2 4 (57.14%) Support Analyst
3 1 (14.29%) Business Analyst
3 1 (14.29%) Fixed Income Business Analyst
3 1 (14.29%) Support Engineer
Miscellaneous
1 2 (28.57%) Analytical Skills
1 2 (28.57%) Virtual Team
2 1 (14.29%) Derivative
2 1 (14.29%) Fixed Income
Processes & Methodologies
1 2 (28.57%) Electronic Trading
1 2 (28.57%) ITIL
2 1 (14.29%) Workflow
Programming Languages
1 4 (57.14%) SQL
Vendors
1 4 (57.14%) Bloomberg
1 4 (57.14%) ION Trading