Period
to 17 November 2017

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for RMDS skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited RMDS 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.

Reuters Market Data System (RMDS)
Central London > City of London
6 months to
17 Nov 2017
Same period 2016 Same period 2015
Rank 241 237 273
Rank change year-on-year -4 +36 +4
Contract jobs citing RMDS 10 9 8
As % of all contract IT jobs advertised in the City of London 0.14% 0.13% 0.086%
As % of the Business Applications category 1.75% 1.94% 1.12%
Number of daily rates quoted 10 9 6
City of London median daily rate £513 £650 £625
Median daily rate % change year-on-year -21.15% +4.00% +0.81%
10th Percentile £313 £383 £600
90th Percentile £591 £663 £650
Central London median daily rate £513 £650 £625
% change year-on-year -21.15% +4.00% +0.81%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

RMDS is in the Business Applications category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for business application skills.

All Business Application Skills
City of London
Contract vacancies with a requirement for business application skills 572 464 714
As % of all contract IT jobs advertised in the City of London 8.03% 6.90% 7.67%
Number of daily rates quoted 411 316 474
City of London median daily rate £500 £450 £475
Median daily rate % change year-on-year +11.11% -5.26% -
10th Percentile £313 £325 £275
90th Percentile £700 £650 £650
Central London median daily rate £500 £450 £475
% change year-on-year +11.11% -5.26% +2.70%
Number of hourly rates quoted 2 2 5
City of London median hourly rate £31.20 £24.75 £25.00
Median hourly rate % change year-on-year +26.06% -1.00% -10.43%
10th Percentile £23.16 £18.43 £20.97
90th Percentile £40.84 £32.08 £39.25
Central London median hourly rate £30.00 £24.75 £25.00
% change year-on-year +21.21% -1.00% -18.13%

RMDS
Job Vacancy Trend in the City of London

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

Job vacancy trend for RMDS in the City of London

RMDS
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 RMDS in the City of London.

Contractor daily rate trend for RMDS in the City of London

RMDS
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing RMDS in the City of London over the 6 months to 17 November 2017.

Contractor daily rate histogram for RMDS in the City of London

RMDS
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing RMDS in the City of London.

Contractor hourly rate trend for RMDS in the City of London

For the 6 months to 17 November 2017, IT contractor jobs citing RMDS 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 RMDS.

1 7 (70.00%) Front Office
2 5 (50.00%) Reuters
2 5 (50.00%) Banking
2 5 (50.00%) Windows
3 4 (40.00%) Investment Banking
3 4 (40.00%) Bloomberg
3 4 (40.00%) Finance
4 3 (30.00%) Fixed Income
4 3 (30.00%) Retail Banking
4 3 (30.00%) Windows Server
5 2 (20.00%) Electronic Trading
5 2 (20.00%) Orchestrade
5 2 (20.00%) Spreadsheet
5 2 (20.00%) FIX Protocol
5 2 (20.00%) Derivative
5 2 (20.00%) Agile Software Development
5 2 (20.00%) Risk Management
5 2 (20.00%) Linux
5 2 (20.00%) RAD
5 2 (20.00%) Python
5 2 (20.00%) VBA
5 2 (20.00%) Java
5 2 (20.00%) Perl
5 2 (20.00%) SOA
5 2 (20.00%) Web Services
5 2 (20.00%) XML
5 2 (20.00%) Microsoft Excel
5 2 (20.00%) Foreign Exchange (FX)
6 1 (10.00%) MOM
6 1 (10.00%) Shell Script

RMDS
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:

Applications
1 2 (20.00%) Microsoft Excel
1 2 (20.00%) Spreadsheet
Business Applications
1 2 (20.00%) Orchestrade
Cloud Services
1 1 (10.00%) GitHub
Communications & Networking
1 1 (10.00%) LAN
1 1 (10.00%) SSL
1 1 (10.00%) TCP/IP
Development Applications
1 1 (10.00%) CodeRush
1 1 (10.00%) Oracle APEX
1 1 (10.00%) ReSharper
1 1 (10.00%) TeamCity
1 1 (10.00%) Visual Studio
General
1 7 (70.00%) Front Office
2 5 (50.00%) Banking
3 4 (40.00%) Finance
3 4 (40.00%) Investment Banking
4 3 (30.00%) Retail Banking
Job Titles
1 4 (40.00%) Analyst
1 4 (40.00%) Developer
1 4 (40.00%) Support Analyst
2 2 (20.00%) Excel Developer
2 2 (20.00%) Excel VBA Developer
2 2 (20.00%) Front Office Developer
2 2 (20.00%) Front Office RAD Developer
2 2 (20.00%) RAD Developer
2 2 (20.00%) VBA Developer
3 1 (10.00%) Banking Analyst
3 1 (10.00%) C# Developer
3 1 (10.00%) C# Developer - Electronic Trading
3 1 (10.00%) Data Engineer
3 1 (10.00%) Electronic Trading Developer
3 1 (10.00%) Market Data Engineer
3 1 (10.00%) Senior Developer
3 1 (10.00%) Senior Software Developer
3 1 (10.00%) Senior Support Technician
3 1 (10.00%) Senior Technician
3 1 (10.00%) Support Technician
Libraries, Frameworks & Software Standards
1 2 (20.00%) FIX Protocol
1 2 (20.00%) Web Services
1 2 (20.00%) XML
2 1 (10.00%) .NET
2 1 (10.00%) .NET Framework
2 1 (10.00%) Ajax
2 1 (10.00%) ASP.NET Web API
2 1 (10.00%) HTML
2 1 (10.00%) JMS
2 1 (10.00%) JSON
2 1 (10.00%) LINQ
2 1 (10.00%) Protocol Buffers
2 1 (10.00%) Reactive Extensions
2 1 (10.00%) SOAP
2 1 (10.00%) Task Parallel Library
2 1 (10.00%) TIBCO EMS
2 1 (10.00%) XHTML
Miscellaneous
1 3 (30.00%) Fixed Income
2 2 (20.00%) Derivative
2 2 (20.00%) Foreign Exchange (FX)
Operating Systems
1 5 (50.00%) Windows
2 3 (30.00%) Windows Server
3 2 (20.00%) Linux
4 1 (10.00%) Unix
Processes & Methodologies
1 2 (20.00%) Agile Software Development
1 2 (20.00%) Electronic Trading
1 2 (20.00%) RAD
1 2 (20.00%) Risk Management
1 2 (20.00%) SOA
2 1 (10.00%) Asset Management
2 1 (10.00%) Change Control
2 1 (10.00%) Concurrent Programming
2 1 (10.00%) Continuous Delivery
2 1 (10.00%) High Availability
2 1 (10.00%) Infrastructure Monitoring
2 1 (10.00%) Low Latency
2 1 (10.00%) Multithreading
2 1 (10.00%) Performance Optimisation
2 1 (10.00%) Prototyping
2 1 (10.00%) Scrum
2 1 (10.00%) SDLC
2 1 (10.00%) Task Automation
2 1 (10.00%) TDD
2 1 (10.00%) Test Automation
Programming Languages
1 2 (20.00%) Java
1 2 (20.00%) Perl
1 2 (20.00%) Python
1 2 (20.00%) VBA
2 1 (10.00%) C
2 1 (10.00%) C#
2 1 (10.00%) C++
2 1 (10.00%) JavaScript
2 1 (10.00%) PHP
2 1 (10.00%) PowerShell
2 1 (10.00%) Shell Script
2 1 (10.00%) SQL
System Software
1 1 (10.00%) Microsoft App-V
Systems Management
1 1 (10.00%) MOM
1 1 (10.00%) SCCM
1 1 (10.00%) Thomson Reuters DACS
Vendors
1 5 (50.00%) Reuters
2 4 (40.00%) Bloomberg
3 1 (10.00%) Citrix
3 1 (10.00%) Dell
3 1 (10.00%) HP
3 1 (10.00%) Oracle
3 1 (10.00%) Solace
3 1 (10.00%) Sun
3 1 (10.00%) Sybase
3 1 (10.00%) TIBCO
3 1 (10.00%) VMware