Period
to 15 October 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 15 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.

Reuters Market Data System (RMDS)
England > London
6 months to
15 Oct 2018
Same period 2017 Same period 2016
Rank 626 583 573
Rank change year-on-year -43 -10 +17
Contract jobs citing RMDS 8 47 49
As % of all contract IT jobs advertised in London 0.017% 0.11% 0.11%
As % of the Business Applications category 0.29% 1.35% 1.48%
Number of daily rates quoted 7 36 45
London median daily rate £600 £500 £600
Median daily rate % change year-on-year +20.00% -16.67% -4.00%
10th Percentile £406 £359 £394
90th Percentile £645 £650 £650
England median daily rate £600 £500 £600
% change year-on-year +20.00% -16.67% -4.00%
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 2,746 3,491 3,318
As % of all contract IT jobs advertised in London 5.95% 7.83% 7.47%
Number of daily rates quoted 1,696 2,266 2,220
London median daily rate £513 £491 £450
Median daily rate % change year-on-year +4.33% +9.17% -
10th Percentile £325 £313 £313
90th Percentile £688 £675 £650
England median daily rate £475 £463 £440
% change year-on-year +2.70% +5.11% +2.33%
Number of hourly rates quoted 22 30 16
London median hourly rate £29.58 £25.83 £20.75
Median hourly rate % change year-on-year +14.50% +24.48% -14.01%
10th Percentile £13.10 £14.88 £10.00
90th Percentile £64.25 £45.13 £82.00
England median hourly rate £25.25 £27.00 £24.75
% change year-on-year -6.48% +9.09% +8.79%

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 15 October 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 15 October 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 -26 1 £385 -16.76%
RMDS
England

For the 6 months to 15 October 2018, IT contractor jobs citing RMDS 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 London region with a requirement for RMDS.

1 7 (87.50%) Front Office
2 6 (75.00%) Reuters
3 5 (62.50%) TIBCO
3 5 (62.50%) Rendezvous
3 5 (62.50%) C#
3 5 (62.50%) C++
3 5 (62.50%) .NET
3 5 (62.50%) SQL Server
3 5 (62.50%) Visual Studio
3 5 (62.50%) Fixed Income
3 5 (62.50%) NUnit
4 4 (50.00%) WinForms
4 4 (50.00%) ION Trading
5 2 (25.00%) Unix
5 2 (25.00%) Finance
5 2 (25.00%) Low Latency
5 2 (25.00%) Banking
6 1 (12.50%) Korn
6 1 (12.50%) Technical Architecture
6 1 (12.50%) MiFID
6 1 (12.50%) Cisco IOS
6 1 (12.50%) Problem-Solving
6 1 (12.50%) Arista
6 1 (12.50%) Multicast
6 1 (12.50%) ITRS Geneos
6 1 (12.50%) Ansible
6 1 (12.50%) Analytical Skills
6 1 (12.50%) Continuous Delivery
6 1 (12.50%) webpack
6 1 (12.50%) Eurex

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:

Communications & Networking
1 1 (12.50%) Cisco IOS
1 1 (12.50%) DHCP
1 1 (12.50%) DNS
1 1 (12.50%) Extranet
1 1 (12.50%) Firewall
1 1 (12.50%) Internet
1 1 (12.50%) LAN
1 1 (12.50%) Multicast
1 1 (12.50%) OSPF
1 1 (12.50%) TCP/IP
Database & Business Intelligence
1 5 (62.50%) SQL Server
Development Applications
1 5 (62.50%) NUnit
1 5 (62.50%) Visual Studio
2 1 (12.50%) Atlassian Bamboo
2 1 (12.50%) Grunt
2 1 (12.50%) gulp
2 1 (12.50%) webpack
General
1 7 (87.50%) Front Office
2 2 (25.00%) Banking
2 2 (25.00%) Finance
3 1 (12.50%) Investment Banking
Job Titles
1 6 (75.00%) Developer
2 5 (62.50%) C# Developer
2 5 (62.50%) C# Pricing Developer
2 5 (62.50%) C++ Developer
2 5 (62.50%) C++ Pricing Developer
2 5 (62.50%) C++/C# Developer
2 5 (62.50%) Pricing Developer
3 4 (50.00%) .NET Developer
3 4 (50.00%) C# .NET Developer
3 4 (50.00%) Front Office C++ Developer
3 4 (50.00%) Front Office Developer
3 4 (50.00%) WinForms Developer
4 1 (12.50%) Deployment Engineer
4 1 (12.50%) Implementation Engineer
4 1 (12.50%) JavaScript Developer
4 1 (12.50%) Senior Support Engineer
4 1 (12.50%) Support Engineer
4 1 (12.50%) Unix Engineer
4 1 (12.50%) Unix Scripting Engineer
4 1 (12.50%) Unix Support Engineer
Libraries, Frameworks & Software Standards
1 5 (62.50%) .NET
1 5 (62.50%) Rendezvous
2 4 (50.00%) WinForms
3 1 (12.50%) AngularJS
3 1 (12.50%) CSS
3 1 (12.50%) HTML
3 1 (12.50%) REST
3 1 (12.50%) Ultra Messaging
Miscellaneous
1 5 (62.50%) Fixed Income
2 1 (12.50%) Analytical Skills
2 1 (12.50%) Data Centre
2 1 (12.50%) Eurex
2 1 (12.50%) Foreign Exchange (FX)
Operating Systems
1 2 (25.00%) Unix
Processes & Methodologies
1 2 (25.00%) Low Latency
2 1 (12.50%) Algorithmic Trading
2 1 (12.50%) Continuous Delivery
2 1 (12.50%) Continuous Integration
2 1 (12.50%) Electronic Trading
2 1 (12.50%) Integration Testing
2 1 (12.50%) ITIL
2 1 (12.50%) Network Design
2 1 (12.50%) Non-Functional Testing
2 1 (12.50%) Problem-Solving
2 1 (12.50%) Risk Analysis
2 1 (12.50%) TDD
2 1 (12.50%) Technical Architecture
2 1 (12.50%) Test Automation
2 1 (12.50%) User Acceptance Testing
Programming Languages
1 5 (62.50%) C#
1 5 (62.50%) C++
2 1 (12.50%) Bash Shell
2 1 (12.50%) ES6
2 1 (12.50%) JavaScript
2 1 (12.50%) Korn
Qualifications
1 1 (12.50%) CCIE
1 1 (12.50%) CCNA
1 1 (12.50%) CCNP
1 1 (12.50%) Cisco Certification
Quality Assurance & Compliance
1 1 (12.50%) MiFID
Systems Management
1 1 (12.50%) Ansible
1 1 (12.50%) ITRS Geneos
Vendors
1 6 (75.00%) Reuters
2 5 (62.50%) TIBCO
3 4 (50.00%) ION Trading
4 1 (12.50%) Arista
4 1 (12.50%) CheckPoint
4 1 (12.50%) Cisco
4 1 (12.50%) Microsoft