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 3 months to 30 April 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
3 months to
30 Apr 2017
Same period 2016 Same period 2015
Rank 164 - 194
Rank change year-on-year - 0  
Contract jobs citing Tradeweb 1 0 4
As % of all contract IT jobs advertised in the City of London 0.031% - 0.073%
As % of the Vendors category 0.082% - 0.18%
Number of daily rates quoted 0 0 2
Median daily rate - - £640
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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 1226 1392 2283
As % of all contract IT job vacancies advertised in the City of London 38.30% 39.86% 41.50%
Number of daily rates quoted 881 1070 1676
Median daily rate £470 £450 £425
Median daily rate % change year-on-year +4.44% +5.88%  
90% offered a daily rate of more than £240 £295 £250
10% offered a daily rate of more than £625 £600 £590
UK excluding London median daily rate £400 £385 £375
% change year-on-year +3.89% +2.66%  
Number of hourly rates quoted 16 17 52
Median hourly rate £22.34 £19.00 £17.50
Median hourly rate % change year-on-year +17.55% +8.57%  
90% offered a hourly rate of more than £13.50 £19.00 £12.50
10% offered a hourly rate of more than £31.00 £30.00 £25.00
UK excluding London median hourly rate £16.50 £20.00 £18.00
% change year-on-year -17.50% +11.11%  

Tradeweb
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Tradeweb as a proportion of all contract or permanent IT jobs with a match in the Vendors category.

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

For the 6 months to 30 April 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 1 (100.00%) Unix
1 1 (100.00%) UML
1 1 (100.00%) OO
1 1 (100.00%) MTS
1 1 (100.00%) OOD
1 1 (100.00%) SOA
1 1 (100.00%) Bloomberg
1 1 (100.00%) Front Office
1 1 (100.00%) Fixed Income
1 1 (100.00%) ION Trading
1 1 (100.00%) Mathematics
1 1 (100.00%) Electronic Trading
1 1 (100.00%) MarketAxess
1 1 (100.00%) ION MarketView
1 1 (100.00%) Straight-Through Processing
1 1 (100.00%) Data Centre

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 (100.00%) MTS
Business Applications
1 1 (100.00%) ION MarketView
General
1 1 (100.00%) Front Office
Job Titles
1 1 (100.00%) Electronic Trading Specialist
Miscellaneous
1 1 (100.00%) Data Centre
1 1 (100.00%) Fixed Income
Operating Systems
1 1 (100.00%) Unix
Processes & Methodologies
1 1 (100.00%) Electronic Trading
1 1 (100.00%) Mathematics
1 1 (100.00%) OO
1 1 (100.00%) OOD
1 1 (100.00%) SOA
1 1 (100.00%) Straight-Through Processing
1 1 (100.00%) UML
Vendors
1 1 (100.00%) Bloomberg
1 1 (100.00%) ION Trading
1 1 (100.00%) MarketAxess