Period
to 23 February 2019

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 6 months to 23 February 2019 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
Central London > City of London
6 months to
23 Feb 2019
Same period 2018 Same period 2017
Rank 245 202 212
Rank change year-on-year -43 +10 -12
Contract jobs citing ION Trading 12 49 19
As % of all contract IT jobs advertised in the City of London 0.18% 0.69% 0.31%
As % of the Vendors category 0.46% 1.82% 0.74%
Number of daily rates quoted 10 45 17
City of London median daily rate £775 £750 £575
Median daily rate % change year-on-year +3.33% +30.43% -4.17%
10th Percentile £648 £625 £503
90th Percentile £800 £838 £710
Central London median daily rate £775 £740 £575
% change year-on-year +4.73% +28.70% -4.17%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central 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 contract job vacancies with a requirement for knowledge or experience of vendor products and services advertised in the City of London.

All Vendors
City of London
Contract vacancies with a requirement for knowledge or experience of vendor products and services 2,605 2,686 2,579
As % of all contract IT jobs advertised in the City of London 38.54% 37.76% 42.06%
Number of daily rates quoted 1,930 2,056 1,926
City of London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% -
10th Percentile £228 £279 £300
90th Percentile £650 £675 £638
Central London median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% +5.88%
Number of hourly rates quoted 49 59 43
City of London median hourly rate £18.70 £18.00 £20.50
Median hourly rate % change year-on-year +3.89% -12.20% +5.13%
10th Percentile £12.66 £11.25 £12.80
90th Percentile £28.64 £31.00 £55.00
Central London median hourly rate £18.70 £20.50 £19.00
% change year-on-year -8.78% +7.89% -2.56%

ION Trading
Job Vacancy Trend in the City of London

Job postings citing ION Trading as a percentage of all IT jobs advertised in the City of London.

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 6 months to 23 February 2019.

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

For the 6 months to 23 February 2019, IT contractor jobs citing ION Trading also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region with a requirement for ION Trading.

1 12 (100.00%) Java
2 11 (91.67%) Electronic Trading
3 10 (83.33%) Front Office
4 8 (66.67%) Agile Software Development
5 7 (58.33%) Fixed Income
5 7 (58.33%) Problem-Solving
6 6 (50.00%) Defect Management
6 6 (50.00%) System Testing
6 6 (50.00%) NoSQL
6 6 (50.00%) Change Control
6 6 (50.00%) Web Development
6 6 (50.00%) User Acceptance Testing
6 6 (50.00%) JavaScript
6 6 (50.00%) SQL
6 6 (50.00%) XML
6 6 (50.00%) XSD
6 6 (50.00%) XSLT
7 3 (25.00%) E-Commerce
8 2 (16.67%) JMS
8 2 (16.67%) OOD
8 2 (16.67%) SQL Server
8 2 (16.67%) DB2
8 2 (16.67%) OO
8 2 (16.67%) Multithreading
8 2 (16.67%) FIX Protocol
8 2 (16.67%) Subversion
8 2 (16.67%) Maven
8 2 (16.67%) Derivative
8 2 (16.67%) Migration
8 2 (16.67%) Scrum

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:

Business Applications
1 1 (8.33%) ION MarketView
Database & Business Intelligence
1 6 (50.00%) NoSQL
2 2 (16.67%) DB2
2 2 (16.67%) SQL Server
Development Applications
1 2 (16.67%) Maven
1 2 (16.67%) Robot Framework
1 2 (16.67%) Subversion
General
1 10 (83.33%) Front Office
Job Titles
1 12 (100.00%) Developer
1 12 (100.00%) Java Developer
2 11 (91.67%) Electronic Trading Developer
2 11 (91.67%) Electronic Trading Java Developer
3 2 (16.67%) Senior Developer
3 2 (16.67%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 6 (50.00%) XML
1 6 (50.00%) XSD
1 6 (50.00%) XSLT
2 2 (16.67%) FIX Protocol
2 2 (16.67%) JMS
2 2 (16.67%) Middleware
2 2 (16.67%) Rendezvous
3 1 (8.33%) Spring
Miscellaneous
1 7 (58.33%) Fixed Income
2 2 (16.67%) Derivative
2 2 (16.67%) Self-Motivation
Operating Systems
1 1 (8.33%) Unix
Processes & Methodologies
1 11 (91.67%) Electronic Trading
2 8 (66.67%) Agile Software Development
3 7 (58.33%) Problem-Solving
4 6 (50.00%) Change Control
4 6 (50.00%) Defect Management
4 6 (50.00%) System Testing
4 6 (50.00%) User Acceptance Testing
4 6 (50.00%) Web Development
5 3 (25.00%) E-Commerce
6 2 (16.67%) Analytics
6 2 (16.67%) Migration
6 2 (16.67%) Multithreading
6 2 (16.67%) OO
6 2 (16.67%) OOD
6 2 (16.67%) Scrum
6 2 (16.67%) Test Automation
Programming Languages
1 12 (100.00%) Java
2 6 (50.00%) JavaScript
2 6 (50.00%) SQL
3 1 (8.33%) Java 8
3 1 (8.33%) Shell Script
Vendors
1 2 (16.67%) TIBCO
2 1 (8.33%) Oracle
2 1 (8.33%) Sybase