The table below provides summary statistics for contract job vacancies advertised in the City of London 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 29 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 / City of London
3 months to
29 Mar 2017
Same period 2016 Same period 2015
Rank 141 145 173
Rank change year-on-year +4 +28  
Contract jobs citing ION Trading 21 14 18
As % of all contract IT jobs advertised in the City of London 0.68% 0.41% 0.35%
As % of the Vendors category 1.73% 1.02% 0.83%
Number of daily rates quoted 17 13 17
Median daily rate £588 £600 £550
Median daily rate % change year-on-year -2.08% +9.09%  
90% offered a daily rate of more than £533 £550 £365
10% offered a daily rate of more than £635 £638 £690
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 the City of London.

Contract Vendor Product & Service Skills
City of London
Contract job vacancies with a requirement for skills associated with vendor products and/or services 1213 1367 2171
As % of all contract IT job vacancies advertised in the City of London 39.49% 40.38% 42.45%
Number of daily rates quoted 892 1030 1577
Median daily rate £468 £450 £425
Median daily rate % change year-on-year +3.88% +5.88%  
90% offered a daily rate of more than £288 £276 £250
10% offered a daily rate of more than £625 £600 £585
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 15 17 43
Median hourly rate £14.85 £19.00 £18.70
Median hourly rate % change year-on-year -21.84% +1.60%  
90% offered a hourly rate of more than £13.50 £11.00 £13.46
10% offered a hourly rate of more than £22.34 £43.57 £25.00
UK excluding London median hourly rate £16.25 £19.00 £17.00
% change year-on-year -14.47% +11.76%  

ION Trading
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London 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 the City of London

ION Trading
Contractor Daily Rate Trend in the City of London

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

Contractor daily rate trend for ION Trading in the City of London

ION Trading
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing ION Trading in the City of London over the 3 months to 29 March 2017.

Contractor daily rate histogram for ION Trading in the City of London

For the 6 months to 29 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 City of London region with a requirement for ION Trading.

1 22 (81.48%) Fixed Income
2 20 (74.07%) ION MarketView
3 16 (59.26%) Electronic Trading
4 15 (55.56%) Banking
5 14 (51.85%) Java
6 13 (48.15%) Finance
7 11 (40.74%) Front Office
8 8 (29.63%) Agile Software Development
9 7 (25.93%) Investment Banking
9 7 (25.93%) FIX Protocol
10 6 (22.22%) Bloomberg
11 5 (18.52%) Murex
11 5 (18.52%) SAN
11 5 (18.52%) Linux
11 5 (18.52%) Shell Script
11 5 (18.52%) Firewall
11 5 (18.52%) NAS
11 5 (18.52%) MiFID
11 5 (18.52%) Performance Tuning
12 4 (14.81%) API Development
12 4 (14.81%) Computer Science
12 4 (14.81%) .NET
12 4 (14.81%) Foreign Exchange (FX)
13 3 (11.11%) SQL
13 3 (11.11%) Web Services
13 3 (11.11%) TDD
13 3 (11.11%) Multithreading
13 3 (11.11%) Murex MxML
13 3 (11.11%) Bloomberg TOMS
13 3 (11.11%) KYC

ION Trading
Co-occurring IT Skills in the City of London 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:

Application Platforms
1 1 (3.70%) Confluence
1 1 (3.70%) MQSeries
1 1 (3.70%) MTS
1 1 (3.70%) SharePoint
Business Applications
1 20 (74.07%) ION MarketView
2 3 (11.11%) Bloomberg TOMS
3 1 (3.70%) Summit
Communications & Networking
1 5 (18.52%) Firewall
1 5 (18.52%) NAS
1 5 (18.52%) SAN
Database & Business Intelligence
1 1 (3.70%) Hazelcast
1 1 (3.70%) KDB
1 1 (3.70%) RDBMS
1 1 (3.70%) Relational Database
1 1 (3.70%) SQL Server
Development Applications
1 2 (7.41%) JIRA
2 1 (3.70%) JUnit
2 1 (3.70%) Maven
General
1 15 (55.56%) Banking
2 13 (48.15%) Finance
3 11 (40.74%) Front Office
4 7 (25.93%) Investment Banking
5 1 (3.70%) Financial Institution
Job Titles
1 13 (48.15%) Developer
2 12 (44.44%) Java Developer
3 6 (22.22%) Analyst
4 5 (18.52%) Business Analyst
4 5 (18.52%) Electronic Trading Developer
4 5 (18.52%) Integration Specialist
4 5 (18.52%) Senior Data Warehouse Specialist
4 5 (18.52%) Support Specialist
5 4 (14.81%) Electronic Trading Java Developer
5 4 (14.81%) Fixed Income Business Analyst
6 2 (7.41%) Banking Analyst
6 2 (7.41%) Electronic Trading Business Analyst
6 2 (7.41%) Integration Developer
6 2 (7.41%) Investment Banking Business Analyst
7 1 (3.70%) Electronic Trading Project Manager
7 1 (3.70%) Electronic Trading Specialist
7 1 (3.70%) IT Business Analyst
7 1 (3.70%) IT Project Manager
7 1 (3.70%) Java Swing Developer
7 1 (3.70%) Lead Java Developer
Libraries, Frameworks & Software Standards
1 7 (25.93%) FIX Protocol
2 4 (14.81%) .NET
3 3 (11.11%) Murex MxML
3 3 (11.11%) Web Services
4 2 (7.41%) Hibernate
4 2 (7.41%) HTML
4 2 (7.41%) JMS
4 2 (7.41%) Spring
5 1 (3.70%) CSS
5 1 (3.70%) EJB
5 1 (3.70%) J2EE
5 1 (3.70%) JavaFX
5 1 (3.70%) JDBC
5 1 (3.70%) JSP
5 1 (3.70%) RabbitMQ
5 1 (3.70%) Servlets
5 1 (3.70%) SOAP
5 1 (3.70%) Swing
5 1 (3.70%) Ultra Messaging
5 1 (3.70%) XML
Miscellaneous
1 22 (81.48%) Fixed Income
2 4 (14.81%) Computer Science
2 4 (14.81%) Foreign Exchange (FX)
3 1 (3.70%) Analytical Skills
3 1 (3.70%) CMDB
3 1 (3.70%) Data Centre
3 1 (3.70%) Equities
3 1 (3.70%) Reference Data
3 1 (3.70%) Wiki
Operating Systems
1 5 (18.52%) Linux
2 2 (7.41%) Unix
Processes & Methodologies
1 16 (59.26%) Electronic Trading
2 8 (29.63%) Agile Software Development
3 5 (18.52%) Performance Tuning
4 4 (14.81%) API Development
5 3 (11.11%) KYC
5 3 (11.11%) Multithreading
5 3 (11.11%) TDD
6 2 (7.41%) Business Analysis
6 2 (7.41%) DevOps
6 2 (7.41%) Low Latency
6 2 (7.41%) Scrum
6 2 (7.41%) SOA
7 1 (3.70%) Concurrent Programming
7 1 (3.70%) Data Architecture
7 1 (3.70%) Open Source
7 1 (3.70%) Product Management
7 1 (3.70%) Root Cause Analysis
7 1 (3.70%) Straight-Through Processing
7 1 (3.70%) System Testing
7 1 (3.70%) Technical Analysis
Programming Languages
1 14 (51.85%) Java
2 5 (18.52%) Shell Script
3 3 (11.11%) SQL
4 2 (7.41%) JavaScript
5 1 (3.70%) Kotlin
5 1 (3.70%) Scala
Quality Assurance & Compliance
1 5 (18.52%) MiFID
2 1 (3.70%) SLA
Systems Management
1 1 (3.70%) Ansible
1 1 (3.70%) HP Quality Center
1 1 (3.70%) Opscode Chef
1 1 (3.70%) Puppet
Vendors
1 6 (22.22%) Bloomberg
2 5 (18.52%) Murex
3 1 (3.70%) MarketAxess
3 1 (3.70%) Oracle
3 1 (3.70%) Remedy
3 1 (3.70%) Solace
3 1 (3.70%) StreamBase
3 1 (3.70%) Tradeweb
City, London
McGregor Boyall
Rate: £600 - £650 per day
Posted: 4 days ago