Period
to 18 January 2018

The following table provides summary statistics for contract job vacancies advertised in 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 18 January 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.

Reuters Market Data System (RMDS)
England > London
6 months to
18 Jan 2018
Same period 2017 Same period 2016
Rank 579 546 565
Rank change year-on-year -33 +19 -31
Contract jobs citing RMDS 51 56 22
As % of all contract IT jobs advertised in London 0.11% 0.13% 0.050%
As % of the Business Applications category 1.50% 1.71% 0.64%
Number of daily rates quoted 47 54 16
London median daily rate £500 £650 £625
Median daily rate % change year-on-year -23.08% +4.00% +5.26%
10th Percentile £313 £500 £373
90th Percentile £635 £663 £638
England median daily rate £500 £650 £625
% change year-on-year -23.08% +4.00% +5.26%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England 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 London with a requirement for business application skills.

All Business Application Skills
London
Contract vacancies with a requirement for business application skills 3,411 3,267 3,437
As % of all contract IT jobs advertised in London 7.34% 7.78% 7.84%
Number of daily rates quoted 2,244 2,215 2,069
London median daily rate £500 £450 £450
Median daily rate % change year-on-year +11.11% - -4.26%
10th Percentile £313 £313 £284
90th Percentile £675 £650 £650
England median daily rate £475 £450 £438
% change year-on-year +5.56% +2.86% -0.57%
Number of hourly rates quoted 10 17 29
London median hourly rate £28.25 £22.50 £32.50
Median hourly rate % change year-on-year +25.56% -30.77% +6.44%
10th Percentile £17.88 £5.00 £16.25
90th Percentile £35.43 £161.25 £100.00
England median hourly rate £19.50 £22.50 £30.00
% change year-on-year -13.33% -25.00% +11.82%

RMDS
Job Vacancy Trend in London

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

Job vacancy trend for RMDS in London

RMDS
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for RMDS in London

RMDS
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing RMDS in London over the 6 months to 18 January 2018.

Contractor daily rate histogram for RMDS in London

RMDS
Contractor Hourly Rate Trend in London

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

Contractor hourly rate trend for RMDS in London

RMDS
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing RMDS within the London region over the 6 months to 18 January 2018. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Central London -22 6 £425 -34.62% 1
RMDS
England

For the 6 months to 18 January 2018, 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 London region with a requirement for RMDS.

1 33 (64.71%) Reuters
2 28 (54.90%) TIBCO
3 27 (52.94%) Electronic Trading
4 26 (50.98%) Front Office
5 25 (49.02%) Python
6 23 (45.10%) Windows
6 23 (45.10%) SQL Server
6 23 (45.10%) Foreign Exchange (FX)
7 22 (43.14%) FIX Protocol
8 21 (41.18%) Oracle
8 21 (41.18%) Unix
9 18 (35.29%) TCP/IP
9 18 (35.29%) Rendezvous
9 18 (35.29%) Algorithmic Trading
10 17 (33.33%) Market Making
11 16 (31.37%) Banking
12 15 (29.41%) SQL
12 15 (29.41%) Currenex
12 15 (29.41%) FXall
13 14 (27.45%) Bloomberg
13 14 (27.45%) Finance
14 12 (23.53%) SSL
14 12 (23.53%) HP
14 12 (23.53%) Dell
14 12 (23.53%) Citrix
14 12 (23.53%) VMware
14 12 (23.53%) Microsoft App-V
14 12 (23.53%) SCCM
14 12 (23.53%) Change Control
15 11 (21.57%) Active Directory

RMDS
Co-occurring IT Skills in 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 11 (21.57%) MS Exchange
2 2 (3.92%) Apache
3 1 (1.96%) Oracle Coherence
Applications
1 1 (1.96%) Microsoft Excel
1 1 (1.96%) Spreadsheet
Business Applications
1 5 (9.80%) ION MarketView
2 1 (1.96%) Orchestrade
Cloud Services
1 3 (5.88%) GitHub
Communications & Networking
1 18 (35.29%) TCP/IP
2 12 (23.53%) SSL
3 4 (7.84%) LAN
4 1 (1.96%) Multicast
Database & Business Intelligence
1 23 (45.10%) SQL Server
2 1 (1.96%) SQL Server 2008
Development Applications
1 5 (9.80%) Git (software)
1 5 (9.80%) Visual Studio
2 3 (5.88%) Oracle APEX
3 2 (3.92%) CodeRush
3 2 (3.92%) Maven
3 2 (3.92%) NUnit
3 2 (3.92%) ReSharper
3 2 (3.92%) Subversion
3 2 (3.92%) TeamCity
4 1 (1.96%) Jenkins
General
1 26 (50.98%) Front Office
2 16 (31.37%) Banking
3 14 (27.45%) Finance
4 7 (13.73%) Investment Banking
5 2 (3.92%) Retail Banking
6 1 (1.96%) French Language
Job Titles
1 13 (25.49%) Analyst
2 12 (23.53%) Developer
3 9 (17.65%) Electronic Trading Support
3 9 (17.65%) Senior Analyst
4 8 (15.69%) C# Developer
5 7 (13.73%) Service Analyst
5 7 (13.73%) Service Management Analyst
6 6 (11.76%) Support Analyst
7 5 (9.80%) Desktop Support
8 3 (5.88%) Front Office Developer
8 3 (5.88%) Full Stack Developer
8 3 (5.88%) Support Specialist
9 2 (3.92%) 2nd/3rd Line Support
9 2 (3.92%) 2nd/3rd Line Support Engineer
9 2 (3.92%) 3rd Line Engineer
9 2 (3.92%) 3rd Line Support
9 2 (3.92%) E-Commerce Support
9 2 (3.92%) FX Support Analyst
9 2 (3.92%) Support Engineer
9 2 (3.92%) Trade Floor Support Analyst
Libraries, Frameworks & Software Standards
1 22 (43.14%) FIX Protocol
2 18 (35.29%) Rendezvous
3 7 (13.73%) Middleware
4 6 (11.76%) HTML
4 6 (11.76%) TIBCO EMS
5 5 (9.80%) .NET
5 5 (9.80%) WCF
5 5 (9.80%) WPF
6 4 (7.84%) .NET Framework
6 4 (7.84%) Ajax
6 4 (7.84%) SOAP
6 4 (7.84%) Web Services
6 4 (7.84%) XML
7 3 (5.88%) HTML5
7 3 (5.88%) LINQ
7 3 (5.88%) Reactive Extensions
7 3 (5.88%) Task Parallel Library
7 3 (5.88%) XHTML
8 2 (3.92%) ASP.NET Web API
8 2 (3.92%) Polymer
Miscellaneous
1 23 (45.10%) Foreign Exchange (FX)
2 8 (15.69%) Fixed Income
3 6 (11.76%) Analytical Skills
3 6 (11.76%) Computer Science
4 3 (5.88%) Derivative
5 2 (3.92%) Credit Derivative
5 2 (3.92%) Enterprise Software
5 2 (3.92%) Linux Command Line
5 2 (3.92%) User Experience
6 1 (1.96%) Algorithms
6 1 (1.96%) Fintech
6 1 (1.96%) Greenfield Project
Operating Systems
1 23 (45.10%) Windows
2 21 (41.18%) Unix
3 8 (15.69%) Linux
4 2 (3.92%) Windows Server
Processes & Methodologies
1 27 (52.94%) Electronic Trading
2 18 (35.29%) Algorithmic Trading
3 17 (33.33%) Market Making
4 12 (23.53%) Change Control
5 10 (19.61%) Multithreading
6 9 (17.65%) Problem Management
7 8 (15.69%) Change Management
7 8 (15.69%) Project Management
7 8 (15.69%) Service Management
8 6 (11.76%) Agile Software Development
9 5 (9.80%) SOA
9 5 (9.80%) TDD
10 4 (7.84%) ITIL
10 4 (7.84%) ITIL V3
10 4 (7.84%) PRINCE2
10 4 (7.84%) Task Automation
11 3 (5.88%) Concurrent Programming
11 3 (5.88%) Low Latency
11 3 (5.88%) Multithreaded Programming
11 3 (5.88%) Prototyping
Programming Languages
1 25 (49.02%) Python
2 15 (29.41%) SQL
3 10 (19.61%) C#
4 8 (15.69%) Java
5 7 (13.73%) C++
6 6 (11.76%) JavaScript
6 6 (11.76%) Perl
6 6 (11.76%) Shell Script
7 4 (7.84%) C
7 4 (7.84%) PHP
8 1 (1.96%) PowerShell
8 1 (1.96%) VBA
Qualifications
1 4 (7.84%) PMP
2 2 (3.92%) Degree
Quality Assurance & Compliance
1 1 (1.96%) MiFID
System Software
1 12 (23.53%) Microsoft App-V
2 11 (21.57%) Active Directory
3 1 (1.96%) VMware Infrastructure
Systems Management
1 12 (23.53%) SCCM
2 4 (7.84%) Thomson Reuters DACS
3 3 (5.88%) MOM
4 1 (1.96%) Ansible
Vendors
1 33 (64.71%) Reuters
2 28 (54.90%) TIBCO
3 21 (41.18%) Oracle
4 15 (29.41%) Currenex
4 15 (29.41%) FXall
5 14 (27.45%) Bloomberg
6 12 (23.53%) Citrix
6 12 (23.53%) Dell
6 12 (23.53%) HP
6 12 (23.53%) VMware
7 9 (17.65%) Cisco
8 7 (13.73%) ION Trading
9 4 (7.84%) Microsoft
9 4 (7.84%) Sybase
10 2 (3.92%) Informatica
10 2 (3.92%) Splunk
10 2 (3.92%) StreamBase