The following table provides summary statistics for contract job vacancies advertised in England with a requirement for RMDS skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited RMDS over the 3 months to 24 March 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.

3 months to
24 Mar 2017
Same period 2016 Same period 2015
Reuters Market Data System (RMDS)
UK / England
Rank 555 586 550
Rank change year-on-year +31 -36  
Contract jobs citing RMDS 28 31 53
As % of all contract IT jobs advertised in England 0.067% 0.063% 0.11%
As % of the Business Applications category 0.78% 0.80% 1.28%
Number of daily rates quoted 24 29 36
Median daily rate £675 £600 £563
Median daily rate % change year-on-year +12.50% +6.66%  
90% offered a daily rate of more than £650 £350 £413
10% offered a daily rate of more than £750 £630 £656
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

RMDS is in the business application skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in England with a requirement for business application skills.

Contract Business Application Skills
England
Contract job vacancies with a requirement for business application skills 3579 3883 4146
As % of all contract IT job vacancies advertised in England 8.56% 7.95% 8.67%
Number of daily rates quoted 2187 2373 2398
Median daily rate £450 £438 £450
Median daily rate % change year-on-year +2.85% -2.77%  
90% offered a daily rate of more than £310 £300 £300
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £450 £413 £425
% change year-on-year +9.09% -2.94%  
Number of hourly rates quoted 42 45 38
Median hourly rate £39.00 £27.50 £30.00
Median hourly rate % change year-on-year +41.81% -8.33%  
90% offered a hourly rate of more than £15.96 £10.00 £12.95
10% offered a hourly rate of more than £69.00 £69.07 £60.02
UK excluding London median hourly rate £39.00 £27.50 £18.00
% change year-on-year +41.81% +52.77%  

RMDS
Job Vacancy Trend in England

The job posting trend of jobs advertised in England citing RMDS as a proportion of all contract or permanent IT jobs with a match in the Business Applications category.

Job vacancy trend for RMDS in England

RMDS
Contractor Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing RMDS in England.

Contractor daily rate trend for RMDS in England

RMDS
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing RMDS in England over the 3 months to 24 March 2017.

Contractor daily rate histogram for RMDS in England

RMDS
Contractor Hourly Rate Trend in England

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

Contractor hourly rate trend for RMDS in England

RMDS
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing RMDS within the England region over the 3 months to 24 March 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +25 28 £675 +12.50% 1
RMDS
UK

RMDS
Top 30 Related IT Skills in England

For the 6 months to 24 March 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 England region with a requirement for RMDS.

1 46 (92.00%) Reuters
2 43 (86.00%) TIBCO
2 43 (86.00%) Fixed Income
3 42 (84.00%) Rendezvous
4 40 (80.00%) ION Trading
4 40 (80.00%) Electronic Trading
5 36 (72.00%) Oracle
6 31 (62.00%) Front Office
7 29 (58.00%) SQL Server
7 29 (58.00%) Multithreading
8 25 (50.00%) Linux
9 23 (46.00%) C#
10 21 (42.00%) FIX Protocol
10 21 (42.00%) Java
11 19 (38.00%) JUnit
12 17 (34.00%) Workflow
12 17 (34.00%) Analytical Skills
13 15 (30.00%) Oracle Workflow
13 15 (30.00%) .NET
14 14 (28.00%) Microsoft
14 14 (28.00%) Agile Software Development
15 13 (26.00%) WPF
15 13 (26.00%) Mentoring
16 12 (24.00%) User Experience
16 12 (24.00%) MVVM
16 12 (24.00%) NUnit
16 12 (24.00%) XAML
16 12 (24.00%) Visual Studio
17 11 (22.00%) C++
18 10 (20.00%) Multithreaded Programming

RMDS
Top Related IT Skills in England 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 15 (30.00%) Oracle Workflow
2 1 (2.00%) Apache
2 1 (2.00%) Confluence
Business Applications
1 4 (8.00%) ION MarketView
2 1 (2.00%) Orchestrade
2 1 (2.00%) Summit
Communications & Networking
1 3 (6.00%) LDAP
1 3 (6.00%) NAS
1 3 (6.00%) SAN
2 1 (2.00%) LAN
2 1 (2.00%) TCP/IP
Database & Business Intelligence
1 29 (58.00%) SQL Server
2 3 (6.00%) MySQL
2 3 (6.00%) Oracle Reports
3 1 (2.00%) Big Data
3 1 (2.00%) Data Mining
3 1 (2.00%) KDB
3 1 (2.00%) NoSQL
Development Applications
1 19 (38.00%) JUnit
2 12 (24.00%) NUnit
2 12 (24.00%) Visual Studio
3 1 (2.00%) Git (software)
3 1 (2.00%) JIRA
3 1 (2.00%) Maven
3 1 (2.00%) Oracle APEX
General
1 31 (62.00%) Front Office
2 5 (10.00%) Finance
3 4 (8.00%) Banking
4 1 (2.00%) French Language
4 1 (2.00%) Investment Banking
Job Titles
1 31 (62.00%) Developer
2 22 (44.00%) C# Developer
3 20 (40.00%) Electronic Trading Developer
4 13 (26.00%) WPF Developer
5 12 (24.00%) .NET Developer
5 12 (24.00%) C# .NET Developer
5 12 (24.00%) C# Developer - Electronic Trading
5 12 (24.00%) C# WPF Developer
5 12 (24.00%) XAML Developer
6 11 (22.00%) Development Manager
6 11 (22.00%) Java Development Manager
7 10 (20.00%) C++ Developer
7 10 (20.00%) C++/C# Developer
7 10 (20.00%) Front Office Developer
7 10 (20.00%) UI Developer
8 9 (18.00%) C# Pricing Developer
8 9 (18.00%) C++ Pricing Developer
8 9 (18.00%) Front Office C++ Developer
9 8 (16.00%) Electronic Trading Java Developer
9 8 (16.00%) Java Developer
Libraries, Frameworks & Software Standards
1 42 (84.00%) Rendezvous
2 21 (42.00%) FIX Protocol
3 15 (30.00%) .NET
4 13 (26.00%) WPF
5 8 (16.00%) WinForms
6 2 (4.00%) HTML
7 1 (2.00%) Ajax
7 1 (2.00%) FpML
7 1 (2.00%) HTML5
7 1 (2.00%) Middleware
7 1 (2.00%) SOAP
7 1 (2.00%) Spring
7 1 (2.00%) Ultra Messaging
7 1 (2.00%) Web Services
7 1 (2.00%) XHTML
7 1 (2.00%) XML
Miscellaneous
1 43 (86.00%) Fixed Income
2 17 (34.00%) Analytical Skills
3 12 (24.00%) User Experience
4 5 (10.00%) Derivative
5 3 (6.00%) Credit Derivative
5 3 (6.00%) Foreign Exchange (FX)
6 2 (4.00%) Fintech
7 1 (2.00%) Algorithms
7 1 (2.00%) Computer Science
7 1 (2.00%) Enterprise Software
7 1 (2.00%) Linux Command Line
Operating Systems
1 25 (50.00%) Linux
2 6 (12.00%) Unix
3 3 (6.00%) Red Hat Enterprise Linux
3 3 (6.00%) Solaris
3 3 (6.00%) Windows
Processes & Methodologies
1 40 (80.00%) Electronic Trading
2 29 (58.00%) Multithreading
3 17 (34.00%) Workflow
4 14 (28.00%) Agile Software Development
5 13 (26.00%) Mentoring
6 12 (24.00%) MVVM
7 10 (20.00%) Multithreaded Programming
8 4 (8.00%) Change Management
9 3 (6.00%) Project Management
10 2 (4.00%) Data Management
10 2 (4.00%) ITIL
10 2 (4.00%) Low Latency
11 1 (2.00%) Analytics
11 1 (2.00%) Business Analysis
11 1 (2.00%) Kalman Filter
11 1 (2.00%) Mathematics
11 1 (2.00%) Migration
11 1 (2.00%) Software Engineering
11 1 (2.00%) Technical Analysis
11 1 (2.00%) Technical Architecture
Programming Languages
1 23 (46.00%) C#
2 21 (42.00%) Java
3 12 (24.00%) XAML
4 11 (22.00%) C++
5 6 (12.00%) Shell Script
6 2 (4.00%) JavaScript
6 2 (4.00%) Perl
6 2 (4.00%) SQL
7 1 (2.00%) C
7 1 (2.00%) PHP
7 1 (2.00%) Python
Qualifications
1 1 (2.00%) Degree
1 1 (2.00%) PMP
Quality Assurance & Compliance
1 1 (2.00%) MiFID
System Software
1 3 (6.00%) Active Directory
1 3 (6.00%) NFS
2 1 (2.00%) VMware Infrastructure
Systems Management
1 3 (6.00%) Red Hat Spacewalk
2 1 (2.00%) Thomson Reuters DACS
Vendors
1 46 (92.00%) Reuters
2 43 (86.00%) TIBCO
3 40 (80.00%) ION Trading
4 36 (72.00%) Oracle
5 14 (28.00%) Microsoft
6 5 (10.00%) Sybase
7 3 (6.00%) VMware
8 1 (2.00%) Informatica
8 1 (2.00%) Splunk
8 1 (2.00%) StreamBase