Period
to 19 October 2018

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 19 October 2018 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
Central London > City of London
6 months to
19 Oct 2018
Same period 2017 Same period 2016
Rank 252 238 239
Rank change year-on-year -14 +1 +34
Contract jobs citing Tradeweb 3 5 1
As % of all contract IT jobs advertised in the City of London 0.043% 0.073% 0.015%
As % of the Vendors category 0.11% 0.19% 0.035%
Number of daily rates quoted 1 4 1
City of London median daily rate £800 £575 £625
Median daily rate % change year-on-year +39.13% -8.00% +13.64%
Central London median daily rate £800 £575 £625
% change year-on-year +39.13% -8.00% +13.64%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate £30.00 £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 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 2,661 2,644 2,842
As % of all contract IT jobs advertised in the City of London 38.01% 38.50% 42.65%
Number of daily rates quoted 1,983 1,981 2,159
City of London median daily rate £488 £475 £450
Median daily rate % change year-on-year +2.63% +5.56% +2.86%
10th Percentile £226 £275 £273
90th Percentile £663 £675 £638
Central London median daily rate £488 £475 £450
% change year-on-year +2.63% +5.56% +4.65%
Number of hourly rates quoted 69 49 41
City of London median hourly rate £18.70 £18.00 £19.00
Median hourly rate % change year-on-year +3.89% -5.26% +10.79%
10th Percentile £13.00 £11.45 £11.25
90th Percentile £25.50 £30.90 £47.50
Central London median hourly rate £19.00 £18.35 £17.75
% change year-on-year +3.57% +3.35% +1.43%

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

For the 6 months to 19 October 2018, IT contractor jobs citing Tradeweb also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region with a requirement for Tradeweb.

1 3 (100.00%) Bloomberg
1 3 (100.00%) Front Office
1 3 (100.00%) Fixed Income
2 2 (66.67%) Derivative
2 2 (66.67%) Electronic Trading
2 2 (66.67%) Sybase
3 1 (33.33%) ITIL
3 1 (33.33%) Unix
3 1 (33.33%) Windows
3 1 (33.33%) Linux
3 1 (33.33%) MTS
3 1 (33.33%) Data Warehouse
3 1 (33.33%) SLA
3 1 (33.33%) Tcl
3 1 (33.33%) Foreign Exchange (FX)
3 1 (33.33%) eSpeed
3 1 (33.33%) Back Office
3 1 (33.33%) Finance
3 1 (33.33%) Migration
3 1 (33.33%) Investment Management
3 1 (33.33%) MarketAxess
3 1 (33.33%) ION MarketView
3 1 (33.33%) Bloomberg TOMS
3 1 (33.33%) Portfolio Management
3 1 (33.33%) Analytical Skills
3 1 (33.33%) Eurex
3 1 (33.33%) SDLC
3 1 (33.33%) OTC Derivatives
3 1 (33.33%) Decision-Making
3 1 (33.33%) ION Trading

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%) Bloomberg TOMS
1 1 (33.33%) ION MarketView
1 1 (33.33%) Sentinel
Database & Business Intelligence
1 1 (33.33%) Data Warehouse
General
1 3 (100.00%) Front Office
2 1 (33.33%) Back Office
2 1 (33.33%) Finance
Job Titles
1 2 (66.67%) Analyst
2 1 (33.33%) Business Analyst
2 1 (33.33%) Credit Analyst
2 1 (33.33%) Front Office Business Analyst
2 1 (33.33%) Production Support Analyst
2 1 (33.33%) Support Analyst
Miscellaneous
1 3 (100.00%) Fixed Income
2 2 (66.67%) Derivative
3 1 (33.33%) Analytical Skills
3 1 (33.33%) Credit Derivative
3 1 (33.33%) Eurex
3 1 (33.33%) Foreign Exchange (FX)
3 1 (33.33%) OTC Derivatives
Operating Systems
1 1 (33.33%) Linux
1 1 (33.33%) Unix
1 1 (33.33%) Windows
Processes & Methodologies
1 2 (66.67%) Electronic Trading
2 1 (33.33%) Business Analysis
2 1 (33.33%) Data Analysis
2 1 (33.33%) Decision-Making
2 1 (33.33%) Incident Management
2 1 (33.33%) Investment Management
2 1 (33.33%) ITIL
2 1 (33.33%) Migration
2 1 (33.33%) Portfolio Management
2 1 (33.33%) SDLC
Programming Languages
1 1 (33.33%) SQL
1 1 (33.33%) Tcl
Quality Assurance & Compliance
1 1 (33.33%) SLA
Vendors
1 3 (100.00%) Bloomberg
2 2 (66.67%) Sybase
3 1 (33.33%) eSpeed
3 1 (33.33%) ION Trading
3 1 (33.33%) MarketAxess