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 3 months to 28 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.

Reuters Market Data System (RMDS)
England / London
3 months to
28 Apr 2017
Same period 2016 Same period 2015
Rank 384 396 391
Rank change year-on-year +12 -5  
Contract jobs citing RMDS 25 39 38
As % of all contract IT jobs advertised in London 0.12% 0.17% 0.17%
As % of the Business Applications category 1.60% 2.18% 1.99%
Number of daily rates quoted 20 34 35
Median daily rate £650 £600 £563
Median daily rate % change year-on-year +8.33% +6.66%  
90% offered a daily rate of more than £495 £350 £435
10% offered a daily rate of more than £750 £650 £645
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 London with a requirement for business application skills.

Contract Business Application Skills
London
Contract job vacancies with a requirement for business application skills 1562 1792 1909
As % of all contract IT job vacancies advertised in London 7.59% 7.79% 8.53%
Number of daily rates quoted 1012 1168 1216
Median daily rate £465 £460 £480
Median daily rate % change year-on-year +1.08% -4.16%  
90% offered a daily rate of more than £325 £300 £313
10% offered a daily rate of more than £625 £600 £650
UK excluding London median daily rate £450 £425 £425
% change year-on-year +5.88% -  
Number of hourly rates quoted 17 12 8
Median hourly rate £29.38 £26.00 £30.00
Median hourly rate % change year-on-year +13.00% -13.33%  
90% offered a hourly rate of more than £15.40 £18.45 £14.60
10% offered a hourly rate of more than £89.40 £50.20 £47.50
UK excluding London median hourly rate £37.77 £27.50 £32.00
% change year-on-year +37.34% -14.06%  

RMDS
Job Vacancy Trend in London

The job posting trend of jobs advertised in London 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 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 3 months to 28 April 2017.

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 3 months to 28 April 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
Canary Wharf - 1 - -
RMDS
England

For the 6 months to 28 April 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 London region with a requirement for RMDS.

1 44 (89.80%) Reuters
2 41 (83.67%) TIBCO
3 40 (81.63%) Rendezvous
3 40 (81.63%) Electronic Trading
4 38 (77.55%) Fixed Income
5 35 (71.43%) Oracle
5 35 (71.43%) ION Trading
6 30 (61.22%) SQL Server
7 29 (59.18%) Front Office
8 24 (48.98%) Multithreading
9 23 (46.94%) C#
10 21 (42.86%) Linux
11 19 (38.78%) FIX Protocol
12 18 (36.73%) Java
13 17 (34.69%) .NET
14 16 (32.65%) Analytical Skills
14 16 (32.65%) WPF
15 15 (30.61%) MVVM
15 15 (30.61%) User Experience
15 15 (30.61%) NUnit
15 15 (30.61%) JUnit
15 15 (30.61%) Visual Studio
15 15 (30.61%) Microsoft
15 15 (30.61%) XAML
16 14 (28.57%) Agile Software Development
17 13 (26.53%) Mentoring
17 13 (26.53%) Workflow
18 11 (22.45%) Oracle Workflow
19 9 (18.37%) C++
19 9 (18.37%) Multithreaded Programming

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 (22.45%) Oracle Workflow
2 1 (2.04%) Confluence
Business Applications
1 2 (4.08%) ION MarketView
2 1 (2.04%) Orchestrade
2 1 (2.04%) Summit
Communications & Networking
1 2 (4.08%) LDAP
1 2 (4.08%) NAS
1 2 (4.08%) SAN
1 2 (4.08%) TCP/IP
Database & Business Intelligence
1 30 (61.22%) SQL Server
2 2 (4.08%) MySQL
2 2 (4.08%) Oracle Reports
3 1 (2.04%) Big Data
3 1 (2.04%) Data Mining
3 1 (2.04%) KDB
3 1 (2.04%) NoSQL
Development Applications
1 15 (30.61%) JUnit
1 15 (30.61%) NUnit
1 15 (30.61%) Visual Studio
2 1 (2.04%) Git (software)
2 1 (2.04%) JIRA
2 1 (2.04%) Maven
General
1 29 (59.18%) Front Office
2 6 (12.24%) Finance
3 5 (10.20%) Banking
4 2 (4.08%) Investment Banking
5 1 (2.04%) French Language
Job Titles
1 27 (55.10%) Developer
2 22 (44.90%) C# Developer
3 19 (38.78%) Electronic Trading Developer
4 16 (32.65%) WPF Developer
5 15 (30.61%) .NET Developer
5 15 (30.61%) C# .NET Developer
5 15 (30.61%) C# Developer - Electronic Trading
5 15 (30.61%) C# WPF Developer
5 15 (30.61%) XAML Developer
6 13 (26.53%) UI Developer
7 11 (22.45%) Development Manager
7 11 (22.45%) Java Development Manager
8 8 (16.33%) Front Office Developer
9 7 (14.29%) C# Pricing Developer
9 7 (14.29%) C++ Developer
9 7 (14.29%) C++ Pricing Developer
9 7 (14.29%) C++/C# Developer
9 7 (14.29%) Front Office C++ Developer
10 5 (10.20%) Java Architect
10 5 (10.20%) Lead Architect
Libraries, Frameworks & Software Standards
1 40 (81.63%) Rendezvous
2 19 (38.78%) FIX Protocol
3 17 (34.69%) .NET
4 16 (32.65%) WPF
5 7 (14.29%) WinForms
6 1 (2.04%) FpML
6 1 (2.04%) HTML
6 1 (2.04%) HTML5
6 1 (2.04%) Middleware
6 1 (2.04%) Spring
6 1 (2.04%) Ultra Messaging
Miscellaneous
1 38 (77.55%) Fixed Income
2 16 (32.65%) Analytical Skills
3 15 (30.61%) User Experience
4 4 (8.16%) Derivative
4 4 (8.16%) Foreign Exchange (FX)
5 2 (4.08%) Credit Derivative
5 2 (4.08%) Fintech
6 1 (2.04%) Algorithms
6 1 (2.04%) Computer Science
6 1 (2.04%) Enterprise Software
6 1 (2.04%) Linux Command Line
6 1 (2.04%) SWIFT
Operating Systems
1 21 (42.86%) Linux
2 6 (12.24%) Unix
3 4 (8.16%) Solaris
3 4 (8.16%) Windows
4 2 (4.08%) Red Hat Enterprise Linux
Processes & Methodologies
1 40 (81.63%) Electronic Trading
2 24 (48.98%) Multithreading
3 15 (30.61%) MVVM
4 14 (28.57%) Agile Software Development
5 13 (26.53%) Mentoring
5 13 (26.53%) Workflow
6 9 (18.37%) Multithreaded Programming
7 3 (6.12%) Change Management
8 2 (4.08%) Business Analysis
8 2 (4.08%) Data Management
8 2 (4.08%) E-Commerce
8 2 (4.08%) Low Latency
8 2 (4.08%) Project Management
8 2 (4.08%) Service Delivery
8 2 (4.08%) Service Management
9 1 (2.04%) Analytics
9 1 (2.04%) Kalman Filter
9 1 (2.04%) Migration
9 1 (2.04%) Performance Analysis
9 1 (2.04%) Technical Analysis
Programming Languages
1 23 (46.94%) C#
2 18 (36.73%) Java
3 15 (30.61%) XAML
4 9 (18.37%) C++
5 6 (12.24%) Shell Script
6 3 (6.12%) Perl
7 2 (4.08%) Python
7 2 (4.08%) SQL
8 1 (2.04%) JavaScript
Qualifications
1 1 (2.04%) Degree
Quality Assurance & Compliance
1 1 (2.04%) MiFID
System Software
1 2 (4.08%) Active Directory
1 2 (4.08%) NFS
Systems Management
1 2 (4.08%) ITRS Geneos
1 2 (4.08%) OpenView
1 2 (4.08%) Red Hat Spacewalk
Vendors
1 44 (89.80%) Reuters
2 41 (83.67%) TIBCO
3 35 (71.43%) ION Trading
3 35 (71.43%) Oracle
4 15 (30.61%) Microsoft
5 3 (6.12%) Sybase
6 2 (4.08%) Bloomberg
6 2 (4.08%) Tradeweb
6 2 (4.08%) VMware
7 1 (2.04%) Informatica
7 1 (2.04%) StreamBase
London
TekSkills
Rate: Unspecified
Posted: Yesterday