Period
to 17 November 2017

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 17 November 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
Central London > City of London
6 months to
17 Nov 2017
Same period 2016 Same period 2015
Rank 197 235 257
Rank change year-on-year +38 +22 +5
Contract jobs citing ION Trading 54 11 24
As % of all contract IT jobs advertised in the City of London 0.76% 0.16% 0.26%
As % of the Vendors category 1.99% 0.39% 0.61%
Number of daily rates quoted 49 9 19
City of London median daily rate £675 £625 £625
Median daily rate % change year-on-year +8.00% - +4.17%
10th Percentile £585 £473 £525
90th Percentile £798 £728 £725
Central London median daily rate £663 £625 £625
% change year-on-year +6.00% - +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 2717 2857 3924
As % of all contract IT jobs advertised in the City of London 38.17% 42.47% 42.18%
Number of daily rates quoted 2040 2135 2940
City of London median daily rate £488 £450 £434
Median daily rate % change year-on-year +8.33% +3.75% +2.06%
10th Percentile £275 £275 £250
90th Percentile £675 £638 £630
Central London median daily rate £475 £450 £425
% change year-on-year +5.56% +5.88% -
Number of hourly rates quoted 60 48 77
City of London median hourly rate £17.50 £19.00 £17.50
Median hourly rate % change year-on-year -7.89% +8.57% -2.04%
10th Percentile £11.25 £11.25 £11.10
90th Percentile £30.75 £55.00 £26.83
Central London median hourly rate £18.00 £18.23 £17.50
% change year-on-year -1.23% +4.14% -0.75%

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 17 November 2017.

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

For the 6 months to 17 November 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 41 (75.93%) ION MarketView
2 40 (74.07%) Electronic Trading
3 38 (70.37%) Finance
4 35 (64.81%) Java
5 32 (59.26%) Banking
6 23 (42.59%) FIX Protocol
6 23 (42.59%) Fixed Income
7 22 (40.74%) Sybase
7 22 (40.74%) Linux
8 21 (38.89%) TIBCO
9 20 (37.04%) TIBCO EMS
9 20 (37.04%) KDB
10 19 (35.19%) Integration Testing
10 19 (35.19%) Red Hat Enterprise Linux
10 19 (35.19%) Foreign Exchange (FX)
11 14 (25.93%) Bloomberg
11 14 (25.93%) Front Office
12 9 (16.67%) Investment Banking
13 8 (14.81%) Spring
13 8 (14.81%) Bloomberg TOMS
13 8 (14.81%) SQL
14 7 (12.96%) Agile Software Development
14 7 (12.96%) MiFID
15 6 (11.11%) Oracle
15 6 (11.11%) XML
15 6 (11.11%) Hibernate
16 5 (9.26%) Middleware
16 5 (9.26%) Unix
16 5 (9.26%) OO
16 5 (9.26%) JSP

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 2 (3.70%) SharePoint
2 1 (1.85%) Apache Qpid
2 1 (1.85%) Elasticsearch
2 1 (1.85%) MQSeries
Applications
1 1 (1.85%) Microsoft Excel
Business Applications
1 41 (75.93%) ION MarketView
2 8 (14.81%) Bloomberg TOMS
3 1 (1.85%) IntelliMatch
Communications & Networking
1 1 (1.85%) LAN
1 1 (1.85%) TCP/IP
Database & Business Intelligence
1 20 (37.04%) KDB
2 2 (3.70%) Relational Database
3 1 (1.85%) Hazelcast
3 1 (1.85%) RDBMS
3 1 (1.85%) SQL Server
3 1 (1.85%) Sybase ASE
Development Applications
1 2 (3.70%) Git (software)
1 2 (3.70%) Maven
1 2 (3.70%) Mockito
2 1 (1.85%) JBehave
2 1 (1.85%) Jenkins
2 1 (1.85%) JIRA
2 1 (1.85%) jMock
2 1 (1.85%) JUnit
2 1 (1.85%) Subversion
2 1 (1.85%) TeamCity
General
1 38 (70.37%) Finance
2 32 (59.26%) Banking
3 14 (25.93%) Front Office
4 9 (16.67%) Investment Banking
5 1 (1.85%) Financial Institution
Job Titles
1 33 (61.11%) Developer
1 33 (61.11%) Java Developer
2 23 (42.59%) Senior Developer
2 23 (42.59%) Senior Java Developer
3 20 (37.04%) Electronic Trading Developer
3 20 (37.04%) Electronic Trading Java Developer
4 5 (9.26%) Analyst
4 5 (9.26%) Business Analyst
5 4 (7.41%) Operations Engineer
6 3 (5.56%) Systems Engineer
7 2 (3.70%) Electronic Trading Business Analyst
7 2 (3.70%) Front Office Developer
7 2 (3.70%) Lead Developer
7 2 (3.70%) Lead Java Developer
7 2 (3.70%) Product Manager
8 1 (1.85%) Automation Test Analyst
8 1 (1.85%) Electronic Trading Support
8 1 (1.85%) Financial Analyst
8 1 (1.85%) Java Pricing Developer
8 1 (1.85%) Pricing Developer
Libraries, Frameworks & Software Standards
1 23 (42.59%) FIX Protocol
2 20 (37.04%) TIBCO EMS
3 8 (14.81%) Spring
4 6 (11.11%) Hibernate
4 6 (11.11%) XML
5 5 (9.26%) HTML
5 5 (9.26%) JSP
5 5 (9.26%) Middleware
5 5 (9.26%) RESTful
6 4 (7.41%) Java EE
6 4 (7.41%) JMS
6 4 (7.41%) jQuery
6 4 (7.41%) JSF
7 2 (3.70%) .NET
7 2 (3.70%) Rendezvous
8 1 (1.85%) J2EE
8 1 (1.85%) RabbitMQ
8 1 (1.85%) Servlets
8 1 (1.85%) SOAP
8 1 (1.85%) Web Services
Miscellaneous
1 23 (42.59%) Fixed Income
2 19 (35.19%) Foreign Exchange (FX)
3 4 (7.41%) Derivative
4 2 (3.70%) Data Centre
4 2 (3.70%) Equities
4 2 (3.70%) Reference Data
5 1 (1.85%) Analytical Skills
5 1 (1.85%) CMDB
5 1 (1.85%) Credit Derivative
5 1 (1.85%) OTC Derivatives
5 1 (1.85%) Virtual Team
5 1 (1.85%) Wiki
Operating Systems
1 22 (40.74%) Linux
2 19 (35.19%) Red Hat Enterprise Linux
3 5 (9.26%) Unix
Processes & Methodologies
1 40 (74.07%) Electronic Trading
2 19 (35.19%) Integration Testing
3 7 (12.96%) Agile Software Development
4 5 (9.26%) OO
5 4 (7.41%) Continuous Integration
5 4 (7.41%) Low Latency
5 4 (7.41%) Multithreading
5 4 (7.41%) OOD
5 4 (7.41%) TDD
5 4 (7.41%) Web Development
6 3 (5.56%) Analytics
6 3 (5.56%) DevOps
6 3 (5.56%) Scrum
6 3 (5.56%) Test Automation
7 2 (3.70%) Continuous Delivery
7 2 (3.70%) Kanban
7 2 (3.70%) Mathematics
7 2 (3.70%) Migration
7 2 (3.70%) Release Management
7 2 (3.70%) SDLC
Programming Languages
1 35 (64.81%) Java
2 8 (14.81%) SQL
3 5 (9.26%) JavaScript
4 3 (5.56%) Python
5 2 (3.70%) Scala
5 2 (3.70%) Shell Script
6 1 (1.85%) Bash Shell
6 1 (1.85%) C#
6 1 (1.85%) Kotlin
6 1 (1.85%) Perl
6 1 (1.85%) PL/SQL
6 1 (1.85%) VB
Qualifications
1 2 (3.70%) Degree
Quality Assurance & Compliance
1 7 (12.96%) MiFID
Systems Management
1 2 (3.70%) Ansible
2 1 (1.85%) Opscode Chef
2 1 (1.85%) Puppet
Vendors
1 22 (40.74%) Sybase
2 21 (38.89%) TIBCO
3 14 (25.93%) Bloomberg
4 6 (11.11%) Oracle
5 4 (7.41%) Murex
6 3 (5.56%) Tradeweb
7 2 (3.70%) Reuters
8 1 (1.85%) Currenex
8 1 (1.85%) Fidessa
8 1 (1.85%) FXall
8 1 (1.85%) IBM
8 1 (1.85%) Serena
8 1 (1.85%) Wallstreet Suite