MarketAxess Contracts with Work from Home Options

MarketAxess
UK > Work from Home

The table below provides summary statistics for contract job vacancies with an option to work from home (WFH) and a requirement for knowledge and experience of MarketAxess products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited MarketAxess over the 6 months to 11 May 2024 with a comparison to the same period in the previous 2 years.

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

6 months to
11 May 2024
Same period 2023 Same period 2022
Rank 345 464 620
Rank change year-on-year +119 +156 -
Contract jobs citing MarketAxess 5 4 1
As % of all contract jobs with a WFH option 0.033% 0.016% 0.002%
As % of the Vendors category 0.078% 0.037% 0.006%
Number of daily rates quoted 5 3 1
10th Percentile £805 £779 -
25th Percentile - £803 -
Median daily rate (50th Percentile) £850 £888 £200
Median % change year-on-year -4.23% +343.75% -
75th Percentile - £950 -
90th Percentile - £961 -
UK median daily rate £800 £888 £800
% change year-on-year -9.86% +10.94% +45.45%

All Vendors
Work from Home

MarketAxess is in the Vendor Products and Services category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a WFH option and a requirement for knowledge or experience of vendor products and services.

Contract vacancies with a requirement for knowledge or experience of vendor products and services 6,407 10,809 17,229
As % of all contract jobs with a WFH option 42.59% 43.18% 39.21%
Number of daily rates quoted 4,005 7,274 11,726
10th Percentile £325 £325 £345
25th Percentile £425 £425 £425
Median daily rate (50th Percentile) £525 £525 £525
Median % change year-on-year - - +10.53%
75th Percentile £625 £650 £625
90th Percentile £725 £747 £713
UK median daily rate £515 £525 £525
% change year-on-year -1.90% - +10.53%
Number of hourly rates quoted 216 254 255
10th Percentile £13.65 £17.50 £14.42
25th Percentile £16.68 £30.19 £19.65
Median hourly rate £32.12 £53.35 £40.00
Median % change year-on-year -39.80% +33.38% +33.33%
75th Percentile £58.13 £67.50 £56.25
90th Percentile £70.00 £80.25 £71.80
UK median hourly rate £22.00 £42.50 £21.50
% change year-on-year -48.24% +97.67% -3.72%

MarketAxess
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing MarketAxess as a proportion of all IT jobs advertised.

MarketAxess trend for jobs with a WFH option

MarketAxess
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing MarketAxess.

MarketAxess daily rate for jobs with a WFH option

MarketAxess
Co-occurring Skills and Capabilities with WFH Options by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 4 (80.00%) Confluence
Applications
1 4 (80.00%) Microsoft Excel
1 4 (80.00%) Microsoft PowerPoint
1 4 (80.00%) MS Visio
Business Applications
1 1 (20.00%) ION MarketView
Communications & Networking
1 5 (100.00%) FIX Connectivity
Development Applications
1 4 (80.00%) JIRA
1 4 (80.00%) TeamCity
General
1 5 (100.00%) Front Office
2 4 (80.00%) Analytical Skills
Job Titles
1 5 (100.00%) Analyst
1 5 (100.00%) Business Analyst
2 4 (80.00%) Credit Analyst
2 4 (80.00%) Electronic Trading Business Analyst
2 4 (80.00%) Front Office Business Analyst
2 4 (80.00%) Investment Banking Business Analyst
3 1 (20.00%) Business Manager
3 1 (20.00%) Business Project Manager
3 1 (20.00%) Project Analyst
3 1 (20.00%) Project Manager
Libraries, Frameworks & Software Standards
1 5 (100.00%) FIX Protocol
2 4 (80.00%) XML
Miscellaneous
1 5 (100.00%) Derivative
1 5 (100.00%) Fixed Income
Operating Systems
1 4 (80.00%) Unix
Processes & Methodologies
1 5 (100.00%) Electronic Trading
1 5 (100.00%) Risk Management
2 4 (80.00%) B2C
2 4 (80.00%) Business Analysis
2 4 (80.00%) Data Modelling
2 4 (80.00%) Project Management
2 4 (80.00%) UML
Programming Languages
1 4 (80.00%) SQL
Qualifications
1 4 (80.00%) Degree
Quality Assurance & Compliance
1 4 (80.00%) QA
Vendors
1 5 (100.00%) Bloomberg
1 5 (100.00%) ION Trading
1 5 (100.00%) Tradeweb