The table below provides summary statistics for contract job vacancies advertised in Canary Wharf with a requirement for knowledge and experience of ION Trading products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited ION Trading over the 3 months to 27 March 2017 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never 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 ION Trading.

ION Trading
London / Canary Wharf
3 months to
27 Mar 2017
Same period 2016 Same period 2015
Rank 25 - 24
Rank change year-on-year - 0  
Contract jobs citing ION Trading 1 0 1
As % of all contract IT jobs advertised in Canary Wharf 0.76% - 0.85%
As % of the Vendors category 1.56% - 1.59%
Number of daily rates quoted 1 0 0
Median daily rate £650 - -
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

ION Trading is in the vendor products and services category. The following table is for comparison with the above and provides summary statistics for all vendor product and service related skills in contract job vacancies advertised in Canary Wharf.

Contract Vendor Product & Service Skills
Canary Wharf
Contract job vacancies with a requirement for skills associated with vendor products and/or services 64 49 63
As % of all contract IT job vacancies advertised in Canary Wharf 48.48% 40.50% 53.85%
Number of daily rates quoted 36 45 38
Median daily rate £550 £450 £493
Median daily rate % change year-on-year +22.22% -8.62%  
90% offered a daily rate of more than £325 £363 £390
10% offered a daily rate of more than £650 £667 £600
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 1 3 0
Median hourly rate £47.50 £29.00 -
Median hourly rate % change year-on-year +63.79% -  
UK excluding London median hourly rate £16.38 £19.00 £17.00
% change year-on-year -13.81% +11.76%  

ION Trading
Job Vacancy Trend in Canary Wharf

The job posting trend of jobs advertised in Canary Wharf citing ION Trading as a proportion of all contract or permanent IT jobs with a match in the Vendors category.

Job vacancy trend for ION Trading in Canary Wharf

ION Trading
Contractor Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing ION Trading in Canary Wharf.

Contractor daily rate trend for ION Trading in Canary Wharf

ION Trading
Top 5 Co-occurring IT Skills in Canary Wharf

For the 6 months to 27 March 2017, IT contractor jobs citing ION Trading also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Canary Wharf region with a requirement for ION Trading.

1 1 (100.00%) Bloomberg
1 1 (100.00%) Migration
1 1 (100.00%) Banking
1 1 (100.00%) Investment Banking
1 1 (100.00%) MiFID

ION Trading
Co-occurring IT Skills in Canary Wharf 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:

General
1 1 (100.00%) Banking
1 1 (100.00%) Investment Banking
Processes & Methodologies
1 1 (100.00%) Migration
Quality Assurance & Compliance
1 1 (100.00%) MiFID
Vendors
1 1 (100.00%) Bloomberg