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 28 June 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
28 Jun 2017
Same period 2016 Same period 2015
Rank 138 158 194
Rank change year-on-year +20 +36  
Contract jobs citing ION Trading 28 7 11
As % of all contract IT jobs advertised in the City of London 0.86% 0.21% 0.19%
As % of the Vendors category 2.27% 0.52% 0.45%
Number of daily rates quoted 21 6 10
Median daily rate £625 £625 £625
90% offered a daily rate of more than £575 £550 £509
10% offered a daily rate of more than £738 £713 £656
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 1236 1357 2430
As % of all contract IT job vacancies advertised in the City of London 37.88% 40.30% 42.33%
Number of daily rates quoted 1470 1944 3200
Median daily rate £475 £450 £425
Median daily rate % change year-on-year +5.55% +5.88%  
90% offered a daily rate of more than £250 £263 £263
10% offered a daily rate of more than £675 £650 £613
UK excluding London median daily rate £400 £375 £360
% change year-on-year +6.66% +4.16%  
Number of hourly rates quoted 37 36 119
Median hourly rate £21.40 £19.00 £17.98
Median hourly rate % change year-on-year +12.63% +5.67%  
90% offered a hourly rate of more than £12.88 £11.25 £10.45
10% offered a hourly rate of more than £27.17 £26.00 £47.50
UK excluding London median hourly rate £17.50 £21.00 £18.07
% change year-on-year -16.66% +16.21%  

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 3 months to 28 June 2017.

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

For the 6 months to 28 June 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 35 (72.92%) Fixed Income
2 33 (68.75%) Electronic Trading
2 33 (68.75%) ION MarketView
3 27 (56.25%) Finance
4 24 (50.00%) Front Office
5 23 (47.92%) Java
6 21 (43.75%) Banking
7 15 (31.25%) Agile Software Development
8 12 (25.00%) Investment Banking
9 11 (22.92%) FIX Protocol
9 11 (22.92%) Bloomberg
10 8 (16.67%) MiFID
11 7 (14.58%) Linux
12 6 (12.50%) Unix
12 6 (12.50%) SQL
12 6 (12.50%) Firewall
12 6 (12.50%) Continuous Integration
13 5 (10.42%) Low Latency
13 5 (10.42%) Performance Tuning
13 5 (10.42%) NAS
13 5 (10.42%) Multithreading
13 5 (10.42%) SAN
13 5 (10.42%) Foreign Exchange (FX)
13 5 (10.42%) Shell Script
13 5 (10.42%) OO
13 5 (10.42%) Data Modelling
13 5 (10.42%) OOD
13 5 (10.42%) SOA
14 4 (8.33%) UML
14 4 (8.33%) .NET

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 (4.17%) MQSeries
2 1 (2.08%) Apache Qpid
2 1 (2.08%) MTS
Business Applications
1 33 (68.75%) ION MarketView
2 4 (8.33%) Bloomberg TOMS
Communications & Networking
1 6 (12.50%) Firewall
2 5 (10.42%) NAS
2 5 (10.42%) SAN
3 1 (2.08%) Multicast
Database & Business Intelligence
1 3 (6.25%) KDB
1 3 (6.25%) Relational Database
2 2 (4.17%) Hazelcast
2 2 (4.17%) RDBMS
2 2 (4.17%) SQL Server
3 1 (2.08%) OLAP
3 1 (2.08%) SQL Server 2008
Development Applications
1 2 (4.17%) Maven
2 1 (2.08%) JIRA
2 1 (2.08%) JUnit
2 1 (2.08%) Visual Studio
General
1 27 (56.25%) Finance
2 24 (50.00%) Front Office
3 21 (43.75%) Banking
4 12 (25.00%) Investment Banking
5 1 (2.08%) Back Office
5 1 (2.08%) Financial Institution
5 1 (2.08%) French Language
5 1 (2.08%) Spanish Language
Job Titles
1 27 (56.25%) Developer
2 22 (45.83%) Java Developer
3 9 (18.75%) Analyst
3 9 (18.75%) Electronic Trading Developer
4 6 (12.50%) Business Analyst
4 6 (12.50%) Electronic Trading Java Developer
5 5 (10.42%) Front Office Developer
5 5 (10.42%) Integration Specialist
5 5 (10.42%) Senior Data Warehouse Specialist
5 5 (10.42%) Support Specialist
6 4 (8.33%) Fixed Income Business Analyst
6 4 (8.33%) Lead Developer
7 3 (6.25%) Electronic Trading Business Analyst
7 3 (6.25%) Support Analyst
8 2 (4.17%) Business IT Analyst
8 2 (4.17%) C# Developer
8 2 (4.17%) Integration Developer
8 2 (4.17%) IT Analyst
8 2 (4.17%) Senior Developer
8 2 (4.17%) Trade Floor Support Analyst
Libraries, Frameworks & Software Standards
1 11 (22.92%) FIX Protocol
2 4 (8.33%) .NET
2 4 (8.33%) HTML
2 4 (8.33%) JMS
2 4 (8.33%) Web Services
3 3 (6.25%) Hibernate
3 3 (6.25%) Murex MxML
3 3 (6.25%) Spring
3 3 (6.25%) XML
4 2 (4.17%) Akka
4 2 (4.17%) J2EE
4 2 (4.17%) JSP
4 2 (4.17%) Middleware
4 2 (4.17%) RabbitMQ
4 2 (4.17%) REST
4 2 (4.17%) Servlets
4 2 (4.17%) SOAP
4 2 (4.17%) Spring Boot
4 2 (4.17%) Spring Cloud
4 2 (4.17%) TIBCO EMS
Miscellaneous
1 35 (72.92%) Fixed Income
2 5 (10.42%) Foreign Exchange (FX)
3 4 (8.33%) Data Centre
4 3 (6.25%) Analytical Skills
5 2 (4.17%) Computer Science
5 2 (4.17%) Derivative
5 2 (4.17%) Equities
6 1 (2.08%) CMDB
6 1 (2.08%) Equity Derivative
6 1 (2.08%) Fintech
6 1 (2.08%) Greenfield Project
6 1 (2.08%) Reference Data
6 1 (2.08%) Wiki
Operating Systems
1 7 (14.58%) Linux
2 6 (12.50%) Unix
3 3 (6.25%) Red Hat Enterprise Linux
Processes & Methodologies
1 33 (68.75%) Electronic Trading
2 15 (31.25%) Agile Software Development
3 6 (12.50%) Continuous Integration
4 5 (10.42%) Data Modelling
4 5 (10.42%) Low Latency
4 5 (10.42%) Multithreading
4 5 (10.42%) OO
4 5 (10.42%) OOD
4 5 (10.42%) Performance Tuning
4 5 (10.42%) SOA
5 4 (8.33%) Business Analysis
5 4 (8.33%) Mathematics
5 4 (8.33%) Scrum
5 4 (8.33%) SDLC
5 4 (8.33%) TDD
5 4 (8.33%) UML
6 3 (6.25%) Data Analysis
6 3 (6.25%) DevOps
6 3 (6.25%) KYC
6 3 (6.25%) Product Management
Programming Languages
1 23 (47.92%) Java
2 6 (12.50%) SQL
3 5 (10.42%) Shell Script
4 4 (8.33%) JavaScript
5 3 (6.25%) C#
6 2 (4.17%) Kotlin
6 2 (4.17%) Python
6 2 (4.17%) Scala
7 1 (2.08%) Bash Shell
Qualifications
1 3 (6.25%) Degree
Quality Assurance & Compliance
1 8 (16.67%) MiFID
2 3 (6.25%) Data Quality
3 1 (2.08%) QA
3 1 (2.08%) SLA
Systems Management
1 2 (4.17%) Ansible
1 2 (4.17%) Opscode Chef
1 2 (4.17%) Puppet
Vendors
1 11 (22.92%) Bloomberg
2 4 (8.33%) Sybase
3 3 (6.25%) Fidessa
3 3 (6.25%) Murex
3 3 (6.25%) TIBCO
4 2 (4.17%) Tradeweb
5 1 (2.08%) IBM
5 1 (2.08%) MarketAxess
5 1 (2.08%) Microsoft
5 1 (2.08%) Oracle
5 1 (2.08%) Red Hat
5 1 (2.08%) Remedy
5 1 (2.08%) Solace
5 1 (2.08%) StreamBase
City, London
EPAM Systems
Rate: From £450 to £451 per day
Posted: 22 days ago