Period
to 16 January 2019

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 16 January 2019 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
16 Jan 2019
Same period 2018 Same period 2017
Rank 606 582 543
Rank change year-on-year -24 -39 +37
Contract jobs citing RMDS 12 49 54
As % of all contract IT jobs advertised in London 0.027% 0.11% 0.13%
As % of the Business Applications category 0.44% 1.40% 1.63%
Number of daily rates quoted 11 45 52
London median daily rate £625 £500 £650
Median daily rate % change year-on-year +25.00% -23.08% +4.00%
10th Percentile £575 £313 £500
90th Percentile £663 £625 £663
England median daily rate £625 £500 £650
% change year-on-year +25.00% -23.08% +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 2,730 3,510 3,303
As % of all contract IT jobs advertised in London 6.14% 7.56% 7.92%
Number of daily rates quoted 1,684 2,304 2,246
London median daily rate £500 £500 £450
Median daily rate % change year-on-year - +11.11% -
10th Percentile £313 £313 £313
90th Percentile £688 £675 £650
England median daily rate £475 £475 £450
% change year-on-year - +5.56% +2.86%
Number of hourly rates quoted 18 12 17
London median hourly rate £30.00 £28.25 £22.50
Median hourly rate % change year-on-year +6.19% +25.56% -30.77%
10th Percentile £14.68 £16.88 £5.00
90th Percentile £66.50 £34.05 £161.25
England median hourly rate £33.11 £19.50 £22.50
% change year-on-year +69.77% -13.33% -25.00%

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 16 January 2019.

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 16 January 2019. 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 -28 1 - -
RMDS
England

For the 6 months to 16 January 2019, 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 11 (91.67%) C++
1 11 (91.67%) Reuters
1 11 (91.67%) Fixed Income
2 10 (83.33%) WinForms
2 10 (83.33%) Front Office
2 10 (83.33%) TIBCO
2 10 (83.33%) Rendezvous
2 10 (83.33%) .NET
2 10 (83.33%) SQL Server
2 10 (83.33%) Visual Studio
2 10 (83.33%) C#
2 10 (83.33%) NUnit
3 5 (41.67%) ION Trading
4 2 (16.67%) Unix
5 1 (8.33%) Windows
5 1 (8.33%) Linux
5 1 (8.33%) Bloomberg
5 1 (8.33%) Finance
5 1 (8.33%) Banking
5 1 (8.33%) Korn
5 1 (8.33%) MiFID
5 1 (8.33%) QA
5 1 (8.33%) 3000 Xtra
5 1 (8.33%) Bash Shell
5 1 (8.33%) Data Quality
5 1 (8.33%) Machine Learning
5 1 (8.33%) Low Latency
5 1 (8.33%) ITRS Geneos
5 1 (8.33%) Ansible
5 1 (8.33%) Analytical Skills

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:

Business Applications
1 1 (8.33%) 3000 Xtra
Database & Business Intelligence
1 10 (83.33%) SQL Server
2 1 (8.33%) KDB
2 1 (8.33%) Kdb+
Development Applications
1 10 (83.33%) NUnit
1 10 (83.33%) Visual Studio
2 1 (8.33%) Atlassian Bamboo
General
1 10 (83.33%) Front Office
2 1 (8.33%) Banking
2 1 (8.33%) Finance
Job Titles
1 10 (83.33%) C# Developer
1 10 (83.33%) C# Pricing Developer
1 10 (83.33%) C++ Developer
1 10 (83.33%) C++ Pricing Developer
1 10 (83.33%) C++/C# Developer
1 10 (83.33%) Developer
1 10 (83.33%) Front Office C++ Developer
1 10 (83.33%) Front Office Developer
1 10 (83.33%) Pricing Developer
1 10 (83.33%) WinForms Developer
2 5 (41.67%) .NET Developer
2 5 (41.67%) C# .NET Developer
2 5 (41.67%) UI Developer
3 1 (8.33%) Market Analyst
3 1 (8.33%) Market Data Analyst
3 1 (8.33%) Senior Unix Engineer
3 1 (8.33%) Senior Unix Support
3 1 (8.33%) Senior Unix Support Engineer
3 1 (8.33%) Unix Scripter
3 1 (8.33%) Unix Support
Libraries, Frameworks & Software Standards
1 10 (83.33%) .NET
1 10 (83.33%) Rendezvous
1 10 (83.33%) WinForms
Miscellaneous
1 11 (91.67%) Fixed Income
2 1 (8.33%) Analytical Skills
Operating Systems
1 2 (16.67%) Unix
2 1 (8.33%) Linux
2 1 (8.33%) Windows
Processes & Methodologies
1 1 (8.33%) Electronic Trading
1 1 (8.33%) Low Latency
1 1 (8.33%) Machine Learning
Programming Languages
1 11 (91.67%) C++
2 10 (83.33%) C#
3 1 (8.33%) Bash Shell
3 1 (8.33%) Korn
Quality Assurance & Compliance
1 1 (8.33%) Data Quality
1 1 (8.33%) MiFID
1 1 (8.33%) QA
Systems Management
1 1 (8.33%) Ansible
1 1 (8.33%) ITRS Geneos
Vendors
1 11 (91.67%) Reuters
2 10 (83.33%) TIBCO
3 5 (41.67%) ION Trading
4 1 (8.33%) Bloomberg