Period
to 20 July 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 Tradeweb products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Tradeweb over the 6 months to 20 July 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 Tradeweb Markets LLC.

Tradeweb
London > City of London
6 months to
20 Jul 2017
Same period 2016 Same period 2015
Rank 237 249 292
Rank change year-on-year +12 +43 +10
Contract jobs citing Tradeweb 3 1 10
As % of all contract IT jobs advertised in the City of London 0.046% 0.014% 0.088%
As % of the Vendors category 0.12% 0.036% 0.21%
Number of daily rates quoted 2 1 8
City of London median daily rate £588 £625 £640
Median daily rate % change year-on-year -6.00% -2.34% +82.86%
10th Percentile £491 £613 £387
90th Percentile £694 £638 £650
London median daily rate £650 £700 £525
% change year-on-year -7.14% +33.33% -1.41%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
London median hourly rate £30.00 - -

Tradeweb 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 2484 2808 4831
As % of all contract IT job vacancies advertised in the City of London 38.27% 40.68% 42.61%
Number of daily rates quoted 1817 2157 3536
City of London median daily rate £475 £450 £438
Median daily rate % change year-on-year +5.56% +2.86% +2.94%
10th Percentile £271 £288 £250
90th Percentile £650 £638 £625
London median daily rate £475 £450 £425
% change year-on-year +5.56% +5.88% -
Number of hourly rates quoted 40 34 117
City of London median hourly rate £17.00 £19.00 £17.87
Median hourly rate % change year-on-year -10.53% +6.35% -10.68%
10th Percentile £12.52 £11.25 £10.15
90th Percentile £34.67 £34.18 £29.78
London median hourly rate £19.50 £17.62 £18.50
% change year-on-year +10.67% -4.76% +2.78%

Tradeweb
Job Vacancy Trend in the City of London

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

Job vacancy trend for Tradeweb in the City of London

Tradeweb
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 Tradeweb in the City of London.

Contractor daily rate trend for Tradeweb in the City of London

Tradeweb
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Tradeweb in the City of London over the 6 months to 20 July 2017.

Contractor daily rate histogram for Tradeweb in the City of London

For the 6 months to 20 July 2017, IT contractor jobs citing Tradeweb 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 Tradeweb.

1 2 (66.67%) Fixed Income
1 2 (66.67%) ION Trading
1 2 (66.67%) Electronic Trading
1 2 (66.67%) Bloomberg
2 1 (33.33%) MarketAxess
2 1 (33.33%) ION MarketView
2 1 (33.33%) Waterfall
2 1 (33.33%) RabbitMQ
2 1 (33.33%) Straight-Through Processing
2 1 (33.33%) Kafka
2 1 (33.33%) Solace
2 1 (33.33%) System Integration Testing
2 1 (33.33%) Data Centre
2 1 (33.33%) ActiveMQ
2 1 (33.33%) Investment Banking
2 1 (33.33%) Business Analysis
2 1 (33.33%) Derivative
2 1 (33.33%) MiFID
2 1 (33.33%) Mathematics
2 1 (33.33%) User Acceptance Testing
2 1 (33.33%) Agile Software Development
2 1 (33.33%) Banking
2 1 (33.33%) GAP Analysis
2 1 (33.33%) Front Office
2 1 (33.33%) Finance
2 1 (33.33%) Unix
2 1 (33.33%) UML
2 1 (33.33%) OO
2 1 (33.33%) MTS
2 1 (33.33%) OOD

Tradeweb
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 (33.33%) MTS
Business Applications
1 1 (33.33%) ION MarketView
General
1 1 (33.33%) Banking
1 1 (33.33%) Finance
1 1 (33.33%) Front Office
1 1 (33.33%) Investment Banking
Job Titles
1 2 (66.67%) Analyst
2 1 (33.33%) Business Analyst
2 1 (33.33%) Business IT Analyst
2 1 (33.33%) Derivatives Business Analyst
2 1 (33.33%) Electronic Trading Business Analyst
2 1 (33.33%) Electronic Trading Specialist
2 1 (33.33%) IT Analyst
2 1 (33.33%) IT Business Analyst
2 1 (33.33%) Test Analyst
Libraries, Frameworks & Software Standards
1 1 (33.33%) ActiveMQ
1 1 (33.33%) Kafka
1 1 (33.33%) Middleware
1 1 (33.33%) RabbitMQ
Miscellaneous
1 2 (66.67%) Fixed Income
2 1 (33.33%) Data Centre
2 1 (33.33%) Derivative
Operating Systems
1 1 (33.33%) Unix
Processes & Methodologies
1 2 (66.67%) Electronic Trading
2 1 (33.33%) Agile Software Development
2 1 (33.33%) Business Analysis
2 1 (33.33%) GAP Analysis
2 1 (33.33%) Mathematics
2 1 (33.33%) OO
2 1 (33.33%) OOD
2 1 (33.33%) SOA
2 1 (33.33%) Straight-Through Processing
2 1 (33.33%) System Integration Testing
2 1 (33.33%) UML
2 1 (33.33%) User Acceptance Testing
2 1 (33.33%) Waterfall
Programming Languages
1 1 (33.33%) Shell Script
Quality Assurance & Compliance
1 1 (33.33%) MiFID
Vendors
1 2 (66.67%) Bloomberg
1 2 (66.67%) ION Trading
2 1 (33.33%) MarketAxess
2 1 (33.33%) Solace