The table below provides summary statistics for contract job vacancies advertised in London with a requirement for knowledge and experience of Tradeweb products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Tradeweb over the 3 months to 22 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.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within Tradeweb Markets LLC.

3 months to
22 Mar 2017
Same period 2016 Same period 2015
Tradeweb
England / London
Rank 406 416 392
Rank change year-on-year +10 -24  
Contract jobs citing Tradeweb 2 4 20
As % of all contract IT jobs advertised in London 0.010% 0.018% 0.096%
As % of the Vendors category 0.025% 0.044% 0.21%
Number of daily rates quoted 0 2 16
Median daily rate - £675 £525
Median daily rate % change year-on-year - +28.57%  
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Tradeweb is in the vendor products and services category. The following table is for comparison with the above and provides summary statistics for all vendor product and service related skills in contract job vacancies advertised in London.

Contract Vendor Product & Service Skills
London
Contract job vacancies with a requirement for skills associated with vendor products and/or services 8065 9037 9324
As % of all contract IT job vacancies advertised in London 42.34% 41.13% 44.76%
Number of daily rates quoted 5406 6006 6002
Median daily rate £450 £450 £425
Median daily rate % change year-on-year - +5.88%  
90% offered a daily rate of more than £300 £275 £258
10% offered a daily rate of more than £625 £600 £575
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 105 130 201
Median hourly rate £22.34 £20.05 £19.00
Median hourly rate % change year-on-year +11.39% +5.52%  
90% offered a hourly rate of more than £14.00 £11.00 £13.00
10% offered a hourly rate of more than £50.00 £41.63 £42.50
UK excluding London median hourly rate £16.50 £20.00 £17.11
% change year-on-year -17.50% +16.89%  

Tradeweb
Job Vacancy Trend in London

The job posting trend of jobs advertised in London citing Tradeweb as a proportion of all contract or permanent IT jobs with a match in the Vendors category.

Job vacancy trend for Tradeweb in London

Tradeweb
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Tradeweb in London

Tradeweb
Top 30 Related IT Skills in London

For the 6 months to 22 March 2017, IT contractor jobs citing Tradeweb 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 Tradeweb.

1 3 (100.00%) Bloomberg
1 3 (100.00%) eSpeed
1 3 (100.00%) Banking
1 3 (100.00%) Fixed Income
1 3 (100.00%) Investment Banking
1 3 (100.00%) Electronic Trading
2 2 (66.67%) QA
2 2 (66.67%) Test Automation
2 2 (66.67%) ION MarketView
2 2 (66.67%) Root Cause Analysis
2 2 (66.67%) Requirements Analysis
2 2 (66.67%) JIRA
2 2 (66.67%) ION Trading
2 2 (66.67%) Back Office
3 1 (33.33%) Front Office
3 1 (33.33%) Finance
3 1 (33.33%) C#
3 1 (33.33%) Java
3 1 (33.33%) Sybase
3 1 (33.33%) JUnit
3 1 (33.33%) EJB
3 1 (33.33%) Windows
3 1 (33.33%) Linux
3 1 (33.33%) OOA/OOD
3 1 (33.33%) MTS
3 1 (33.33%) Foreign Exchange (FX)
3 1 (33.33%) Agile Software Development
3 1 (33.33%) TDD
3 1 (33.33%) Subversion
3 1 (33.33%) Spring

Tradeweb
Top Related 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 1 (33.33%) MTS
Business Applications
1 2 (66.67%) ION MarketView
2 1 (33.33%) BondVision
Database & Business Intelligence
1 1 (33.33%) KDB
Development Applications
1 2 (66.67%) JIRA
2 1 (33.33%) Apache Ivy
2 1 (33.33%) JUnit
2 1 (33.33%) Mockito
2 1 (33.33%) Subversion
General
1 3 (100.00%) Banking
1 3 (100.00%) Investment Banking
2 2 (66.67%) Back Office
3 1 (33.33%) Finance
3 1 (33.33%) Front Office
Job Titles
1 2 (66.67%) Analyst
1 2 (66.67%) Senior Analyst
1 2 (66.67%) Senior Test Analyst
1 2 (66.67%) Test Analyst
2 1 (33.33%) Developer
2 1 (33.33%) Java Developer
2 1 (33.33%) Java Pricing Developer
2 1 (33.33%) Senior Developer
2 1 (33.33%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 1 (33.33%) EJB
1 1 (33.33%) FIX Protocol
1 1 (33.33%) Protocol Buffers
1 1 (33.33%) Spring
1 1 (33.33%) Ultra Messaging
Miscellaneous
1 3 (100.00%) Fixed Income
2 1 (33.33%) Algorithms
2 1 (33.33%) Foreign Exchange (FX)
Operating Systems
1 1 (33.33%) Linux
1 1 (33.33%) Windows
1 1 (33.33%) Windows Server
Processes & Methodologies
1 3 (100.00%) Electronic Trading
2 2 (66.67%) Requirements Analysis
2 2 (66.67%) Root Cause Analysis
2 2 (66.67%) Test Automation
3 1 (33.33%) Agile Software Development
3 1 (33.33%) Low Latency
3 1 (33.33%) Multithreading
3 1 (33.33%) OOA/OOD
3 1 (33.33%) TDD
Programming Languages
1 1 (33.33%) C#
1 1 (33.33%) Java
Quality Assurance & Compliance
1 2 (66.67%) QA
2 1 (33.33%) EMIR
2 1 (33.33%) MiFID
Vendors
1 3 (100.00%) Bloomberg
1 3 (100.00%) eSpeed
2 2 (66.67%) ION Trading
3 1 (33.33%) Google
3 1 (33.33%) MarketAxess
3 1 (33.33%) Sybase