The first table below looks at the demand 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 10 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Vendors currently tracked.

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
10 Jul 2014
Same period 2013 Same period 2012
Tradeweb
Rank 575 546 557
Rank change year-on-year
-29 +11
Contract jobs citing Tradeweb 9 17 20
As % of all contract IT jobs located in the UK 0.017% 0.034% 0.035%
As % of the Vendors category 0.038% 0.072% 0.075%
Number of daily rates quoted 8 16 11
Average daily rate
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of your Daily Rate
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£450 £525 £550
Average daily rate % change year-on-year
-14.28% -4.54%
90% offered a daily rate of more than £232 £525 £125
10% offered a daily rate of more than £526 £550 £650
UK excluding London average daily rate - - £125
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Vendors Category
UK
Contract IT job ads with a match in the
Vendors category
23956 23710 26685
As % of all contract IT jobs located in the UK 45.42% 47.34% 46.68%
Number of daily rates quoted 13400 12736 13422
Average daily rate £380 £388 £378
Average daily rate % change year-on-year
-1.93% +2.64%
90% offered a daily rate of more than £220 £225 £225
10% offered a daily rate of more than £550 £550 £550
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 1057 1250 1359
Average hourly rate £17.50 £20.00 £20.00
Average hourly rate % change year-on-year
-12.50% -
90% offered a hourly rate of more than £11.00 £11.15 £11.50
10% offered a hourly rate of more than £37.50 £40.00 £40.00
UK excluding London average hourly rate £17.50 £19.50 £20.00
% change year-on-year
-10.25% -2.50%

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
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 10 July 2014.

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 average contractor rates quoted in IT jobs citing Tradeweb within the UK over the 3 months to 10 July 2014. 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 +1 9 £450 -14.28% 1
England -25 9 £450 -14.28% 1
City of London - 3 £251 - 1
South East - - - -
Kent - - - -

Tradeweb
Top 30 Related IT Skills

For the 6 months to 10 July 2014, 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 16 (80.00%) Front Office
2 14 (70.00%) ION Trading
2 14 (70.00%) Bloomberg
3 13 (65.00%) Finance
3 13 (65.00%) Fixed Income
4 12 (60.00%) Banking
5 11 (55.00%) Credit Derivative
5 11 (55.00%) Investment Banking
5 11 (55.00%) C++
5 11 (55.00%) Java
6 10 (50.00%) Degree
6 10 (50.00%) Electronic Trading
7 9 (45.00%) Equities
8 8 (40.00%) Computer Science
8 8 (40.00%) Algorithmic Trading
8 8 (40.00%) Middleware
8 8 (40.00%) Scala
9 5 (25.00%) Foreign Exchange (FX)
10 4 (20.00%) Back Office
10 4 (20.00%) Derivative
11 3 (15.00%) Interest Rate Derivative
11 3 (15.00%) Business Analysis
11 3 (15.00%) Workflow
11 3 (15.00%) eSpeed
11 3 (15.00%) Microsoft
11 3 (15.00%) MS Excel
11 3 (15.00%) C#
12 2 (10.00%) Domain-Driven Design
12 2 (10.00%) MarketAxess
12 2 (10.00%) KDB

Tradeweb
Top Related IT Skills by Category

For the 6 months to 10 July 2014, 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.

Application Platforms
1 2 (10.00%) MTS
1 2 (10.00%) TIBCO EMS
2 1 (5.00%) MS Exchange
2 1 (5.00%) Blackberry Enterprise Server
Applications
1 3 (15.00%) MS Excel
2 1 (5.00%) MS Office
Business Applications
1 2 (10.00%) Bloomberg TOMS
2 1 (5.00%) ION MarketView
Communications & Networking
1 1 (5.00%) HTTP
Database & Business Intelligence
1 2 (10.00%) SQL Server
1 2 (10.00%) KDB
Development Applications
1 2 (10.00%) JUnit
1 2 (10.00%) Mockito
General
1 16 (80.00%) Front Office
2 13 (65.00%) Finance
3 12 (60.00%) Banking
4 11 (55.00%) Investment Banking
5 4 (20.00%) Back Office
6 2 (10.00%) Legal
Job Titles
1 7 (35.00%) Analyst
2 4 (20.00%) Business Analyst
3 3 (15.00%) Developer
3 3 (15.00%) Java Developer
3 3 (15.00%) Investment Banking Business Analyst
4 2 (10.00%) Administrator
4 2 (10.00%) Technical Administrator
5 1 (5.00%) Credit Risk Analyst
5 1 (5.00%) Senior Analyst
5 1 (5.00%) Technical Analyst
5 1 (5.00%) Senior Test Analyst
5 1 (5.00%) Desktop Analyst
5 1 (5.00%) Test Analyst
Libraries, Frameworks & Software Standards
1 8 (40.00%) Middleware
2 2 (10.00%) Rendezvous
2 2 (10.00%) Spring
3 1 (5.00%) XML
3 1 (5.00%) FpML
Miscellaneous
1 13 (65.00%) Fixed Income
2 11 (55.00%) Credit Derivative
3 9 (45.00%) Equities
4 8 (40.00%) Computer Science
5 5 (25.00%) Foreign Exchange (FX)
6 4 (20.00%) Derivative
7 3 (15.00%) Interest Rate Derivative
8 1 (5.00%) DTCC
8 1 (5.00%) Blackberry
8 1 (5.00%) Credit Risk
Operating Systems
1 2 (10.00%) UNIX
1 2 (10.00%) Linux
2 1 (5.00%) Windows 7
2 1 (5.00%) Windows
Processes & Methodologies
1 10 (50.00%) Electronic Trading
2 8 (40.00%) Algorithmic Trading
3 3 (15.00%) Workflow
3 3 (15.00%) Business Analysis
4 2 (10.00%) Multithreading
4 2 (10.00%) Domain-Driven Design
4 2 (10.00%) Scrum
4 2 (10.00%) Agile Software Development
4 2 (10.00%) TDD
4 2 (10.00%) Software Engineering
4 2 (10.00%) Analytics
5 1 (5.00%) UML
5 1 (5.00%) OO
5 1 (5.00%) OOD
5 1 (5.00%) SOA
5 1 (5.00%) Project Management
5 1 (5.00%) Capacity Planning
5 1 (5.00%) Validation
5 1 (5.00%) User Acceptance Testing
Programming Languages
1 11 (55.00%) C++
1 11 (55.00%) Java
2 8 (40.00%) Scala
3 3 (15.00%) C#
4 2 (10.00%) VB
4 2 (10.00%) SQL
5 1 (5.00%) T-SQL
Qualifications
1 10 (50.00%) Degree
System Software
1 1 (5.00%) Active Directory
Vendors
1 14 (70.00%) Bloomberg
1 14 (70.00%) ION Trading
2 3 (15.00%) eSpeed
2 3 (15.00%) Microsoft
3 2 (10.00%) Sybase
3 2 (10.00%) TIBCO
3 2 (10.00%) MarketAxess
4 1 (5.00%) Reuters
4 1 (5.00%) Oracle
4 1 (5.00%) Citrix
City, London
Streamline Connections
Rate: £250 - £450 per annum
Posted: 6 days ago