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 19 September 2014 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
19 Sep 2014
Same period 2013 Same period 2012
Tradeweb
Rank 590 560 580
Rank change year-on-year
-30 +20
Contract jobs citing Tradeweb 22 26 24
As % of all contract IT jobs located in the UK 0.038% 0.049% 0.042%
As % of the Vendors category 0.083% 0.11% 0.089%
Number of daily rates quoted 17 26 22
Average 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 £310 £400 £541
10% offered a daily rate of more than £519 £525 £573
UK excluding London average daily rate - - £125
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
26411 24620 26895
As % of all contract IT jobs located in the UK 45.85% 46.66% 46.65%
Number of daily rates quoted 14970 13786 13658
Average daily rate £388 £388 £375
Average daily rate % change year-on-year
- +3.33%
90% offered a daily rate of more than £225 £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 1179 1110 1356
Average hourly rate £19.00 £19.00 £18.75
Average hourly rate % change year-on-year
- +1.33%
90% offered a hourly rate of more than £11.00 £11.00 £12.00
10% offered a hourly rate of more than £40.00 £40.00 £40.00
UK excluding London average hourly rate £18.97 £19.00 £18.50
% change year-on-year
-0.18% +2.70%

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 19 September 2014.

Tradeweb Daily Rate Histogram in the UK

Tradeweb
Top 3 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 19 September 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 +10 22 £450 -14.28% 1
England -13 22 £450 -14.28% 1
City of London +31 4 £438 +130.26% 1

Tradeweb
Top 30 Related IT Skills

For the 6 months to 19 September 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 15 (57.69%) Finance
2 13 (50.00%) Front Office
3 12 (46.15%) ION Trading
3 12 (46.15%) Derivative
4 10 (38.46%) Credit Derivative
4 10 (38.46%) Fixed Income
4 10 (38.46%) Foreign Exchange (FX)
5 9 (34.62%) Bloomberg
5 9 (34.62%) SQL
5 9 (34.62%) UNIX
6 8 (30.77%) Back Office
6 8 (30.77%) Linux
7 7 (26.92%) FpML
7 7 (26.92%) Workflow
7 7 (26.92%) Banking
7 7 (26.92%) Business Analysis
7 7 (26.92%) Interest Rate Derivative
8 5 (19.23%) Murex
8 5 (19.23%) Electronic Trading
9 4 (15.38%) MarketAxess
9 4 (15.38%) ION MarketView
9 4 (15.38%) Reuters
9 4 (15.38%) Investment Banking
9 4 (15.38%) Asset Management
10 3 (11.54%) DTCC
10 3 (11.54%) Degree
10 3 (11.54%) User Acceptance Testing
10 3 (11.54%) Validation
10 3 (11.54%) Middleware
10 3 (11.54%) ITIL

Tradeweb
Top Related IT Skills by Category

For the 6 months to 19 September 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 1 (3.85%) Blackberry Enterprise Server
1 1 (3.85%) MS Exchange
Applications
1 3 (11.54%) MS Excel
2 1 (3.85%) MS Office
Business Applications
1 4 (15.38%) ION MarketView
2 2 (7.69%) Bloomberg TOMS
Database & Business Intelligence
1 2 (7.69%) NoSQL
1 2 (7.69%) KDB
1 2 (7.69%) SQL Server
General
1 15 (57.69%) Finance
2 13 (50.00%) Front Office
3 8 (30.77%) Back Office
4 7 (26.92%) Banking
5 4 (15.38%) Investment Banking
6 2 (7.69%) Legal
Job Titles
1 14 (53.85%) Analyst
2 10 (38.46%) Business Analyst
3 9 (34.62%) Applications Support
4 3 (11.54%) Investment Banking Business Analyst
5 2 (7.69%) Technical Analyst
5 2 (7.69%) Administrator
5 2 (7.69%) Technical Administrator
6 1 (3.85%) Desktop Analyst
6 1 (3.85%) Java Developer
6 1 (3.85%) 2nd Line Support
6 1 (3.85%) Developer
6 1 (3.85%) Support Analyst
6 1 (3.85%) 2nd Line Support Analyst
6 1 (3.85%) FX Support Analyst
Libraries, Frameworks & Software Standards
1 7 (26.92%) FpML
2 3 (11.54%) Middleware
3 1 (3.85%) Application Packaging
3 1 (3.85%) XML
Miscellaneous
1 12 (46.15%) Derivative
2 10 (38.46%) Credit Derivative
2 10 (38.46%) Fixed Income
2 10 (38.46%) Foreign Exchange (FX)
3 7 (26.92%) Interest Rate Derivative
4 3 (11.54%) DTCC
4 3 (11.54%) Hedge funds
5 1 (3.85%) Blackberry
Operating Systems
1 9 (34.62%) UNIX
2 8 (30.77%) Linux
3 2 (7.69%) Windows 7
3 2 (7.69%) Windows
Processes & Methodologies
1 7 (26.92%) Workflow
1 7 (26.92%) Business Analysis
2 5 (19.23%) Electronic Trading
3 4 (15.38%) Asset Management
4 3 (11.54%) User Acceptance Testing
4 3 (11.54%) Validation
4 3 (11.54%) ITIL
4 3 (11.54%) DNA
4 3 (11.54%) Capacity Planning
5 2 (7.69%) Continuous Improvement
5 2 (7.69%) Low Latency
5 2 (7.69%) Project Management
5 2 (7.69%) Problem Management
6 1 (3.85%) UML
6 1 (3.85%) OO
6 1 (3.85%) OOD
6 1 (3.85%) SOA
Programming Languages
1 9 (34.62%) SQL
2 3 (11.54%) T-SQL
3 2 (7.69%) Perl
3 2 (7.69%) Shell Script
3 2 (7.69%) Python
4 1 (3.85%) C#
4 1 (3.85%) C++
4 1 (3.85%) Java
Qualifications
1 3 (11.54%) Degree
System Software
1 2 (7.69%) Active Directory
Systems Management
1 1 (3.85%) SCCM
Vendors
1 12 (46.15%) ION Trading
2 9 (34.62%) Bloomberg
3 5 (19.23%) Murex
4 4 (15.38%) MarketAxess
4 4 (15.38%) Reuters
5 2 (7.69%) Sybase
5 2 (7.69%) eSpeed
5 2 (7.69%) Citrix
6 1 (3.85%) VMware
6 1 (3.85%) Calypso
6 1 (3.85%) Fidessa
6 1 (3.85%) Microsoft
6 1 (3.85%) Oracle
City of London
Huxley Associates
Rate: £450 - £600 per day + competitive
Posted: 23 days ago