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 23 June 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.

Tradeweb
England / London
3 months to
23 Jun 2017
Same period 2016 Same period 2015
Rank 403 422 411
Rank change year-on-year +19 -11  
Contract jobs citing Tradeweb 19 5 12
As % of all contract IT jobs advertised in London 0.092% 0.023% 0.051%
As % of the Vendors category 0.22% 0.056% 0.12%
Number of daily rates quoted 16 5 12
Median daily rate £638 £700 £625
Median daily rate % change year-on-year -8.92% +12.00%  
90% offered a daily rate of more than £468 £655 £500
10% offered a daily rate of more than £663 £700 £650
UK excluding London median daily rate - - -
Number of hourly rates quoted 1 0 0
Median hourly rate £30.00 - -
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 8558 8945 10313
As % of all contract IT job vacancies advertised in London 41.38% 41.35% 44.02%
Number of daily rates quoted 5794 6177 6805
Median daily rate £475 £450 £425
Median daily rate % change year-on-year +5.55% +5.88%  
90% offered a daily rate of more than £275 £275 £250
10% offered a daily rate of more than £625 £607 £600
UK excluding London median daily rate £400 £375 £361
% change year-on-year +6.66% +3.89%  
Number of hourly rates quoted 109 112 257
Median hourly rate £23.75 £18.00 £20.00
Median hourly rate % change year-on-year +31.94% -10.00%  
90% offered a hourly rate of more than £12.93 £12.50 £13.00
10% offered a hourly rate of more than £50.00 £42.33 £52.17
UK excluding London median hourly rate £17.50 £20.50 £18.50
% change year-on-year -14.63% +10.81%  

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
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Tradeweb in London over the 3 months to 23 June 2017.

Contractor daily rate histogram for Tradeweb in London

Tradeweb
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 Tradeweb within the London region over the 3 months to 23 June 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
City of London 0 3 £588 -6.00%
Tradeweb
England

For the 6 months to 23 June 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 17 (80.95%) Bloomberg
2 14 (66.67%) Electronic Trading
3 13 (61.90%) Fixed Income
3 13 (61.90%) ION Trading
4 12 (57.14%) Java
5 11 (52.38%) Front Office
6 10 (47.62%) Low Latency
7 9 (42.86%) Multithreading
7 9 (42.86%) ION MarketView
7 9 (42.86%) SQL
8 8 (38.10%) C++
8 8 (38.10%) Banking
9 7 (33.33%) Subversion
9 7 (33.33%) C#
9 7 (33.33%) TIBCO
9 7 (33.33%) Rendezvous
10 6 (28.57%) Microsoft
10 6 (28.57%) Oracle
10 6 (28.57%) SQL Server
10 6 (28.57%) VSS/SourceSafe
10 6 (28.57%) Perforce
10 6 (28.57%) Finance
10 6 (28.57%) TeamCity
10 6 (28.57%) Analytical Skills
10 6 (28.57%) SDLC
11 5 (23.81%) Investment Banking
11 5 (23.81%) Shell Script
11 5 (23.81%) Middleware
12 4 (19.05%) eSpeed
12 4 (19.05%) MTS

Tradeweb
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 4 (19.05%) MTS
Business Applications
1 9 (42.86%) ION MarketView
2 2 (9.52%) RMDS
3 1 (4.76%) BondVision
3 1 (4.76%) Eikon
Communications & Networking
1 1 (4.76%) Firewall
1 1 (4.76%) Multicast
Database & Business Intelligence
1 6 (28.57%) SQL Server
2 2 (9.52%) KDB
Development Applications
1 7 (33.33%) Subversion
2 6 (28.57%) TeamCity
2 6 (28.57%) VSS/SourceSafe
3 1 (4.76%) Apache Ivy
3 1 (4.76%) Cucumber
3 1 (4.76%) HP UFT
3 1 (4.76%) JIRA
3 1 (4.76%) JUnit
3 1 (4.76%) Mockito
General
1 11 (52.38%) Front Office
2 8 (38.10%) Banking
3 6 (28.57%) Finance
4 5 (23.81%) Investment Banking
5 2 (9.52%) Back Office
6 1 (4.76%) Corporate Banking
6 1 (4.76%) Publishing
Job Titles
1 9 (42.86%) Developer
1 9 (42.86%) Java Developer
2 8 (38.10%) Electronic Trading Developer
2 8 (38.10%) Electronic Trading Java Developer
3 6 (28.57%) Analyst
3 6 (28.57%) SQL Developer
3 6 (28.57%) SQL Server Developer
4 4 (19.05%) Test Analyst
5 3 (14.29%) Senior Developer
5 3 (14.29%) Senior Java Developer
6 2 (9.52%) Middleware Analyst
7 1 (4.76%) Data Consultant
7 1 (4.76%) Derivatives Business Analyst
7 1 (4.76%) Electronic Trading Business Analyst
7 1 (4.76%) Electronic Trading Specialist
7 1 (4.76%) Finance Systems Analyst
7 1 (4.76%) Financial Analyst
7 1 (4.76%) IT Business Analyst
7 1 (4.76%) Java Pricing Developer
7 1 (4.76%) Senior Data Warehouse Specialist
Libraries, Frameworks & Software Standards
1 7 (33.33%) Rendezvous
2 5 (23.81%) Middleware
3 3 (14.29%) ActiveMQ
3 3 (14.29%) Kafka
3 3 (14.29%) RabbitMQ
4 2 (9.52%) JMS
5 1 (4.76%) EJB
5 1 (4.76%) FIX Protocol
5 1 (4.76%) Protocol Buffers
5 1 (4.76%) Spring
5 1 (4.76%) Ultra Messaging
Miscellaneous
1 13 (61.90%) Fixed Income
2 6 (28.57%) Analytical Skills
3 2 (9.52%) Eurex
3 2 (9.52%) Greenfield Project
4 1 (4.76%) Algorithms
4 1 (4.76%) Data Centre
4 1 (4.76%) Derivative
4 1 (4.76%) Foreign Exchange (FX)
Operating Systems
1 4 (19.05%) Linux
2 3 (14.29%) Unix
2 3 (14.29%) Windows
3 2 (9.52%) Solaris
4 1 (4.76%) Red Hat Enterprise Linux
4 1 (4.76%) Windows 7
4 1 (4.76%) Windows Server
Processes & Methodologies
1 14 (66.67%) Electronic Trading
2 10 (47.62%) Low Latency
3 9 (42.86%) Multithreading
4 6 (28.57%) SDLC
5 3 (14.29%) High Availability
5 3 (14.29%) Test Automation
6 2 (9.52%) Agile Software Development
6 2 (9.52%) Business Analysis
6 2 (9.52%) Scenario Testing
6 2 (9.52%) Service Delivery
6 2 (9.52%) System Integration Testing
6 2 (9.52%) User Acceptance Testing
7 1 (4.76%) Asset Management
7 1 (4.76%) Change Management
7 1 (4.76%) GAP Analysis
7 1 (4.76%) OO
7 1 (4.76%) OOA/OOD
7 1 (4.76%) Service Management
7 1 (4.76%) TDD
7 1 (4.76%) UML
Programming Languages
1 12 (57.14%) Java
2 9 (42.86%) SQL
3 8 (38.10%) C++
4 7 (33.33%) C#
5 5 (23.81%) Shell Script
6 2 (9.52%) Perl
6 2 (9.52%) Python
Quality Assurance & Compliance
1 3 (14.29%) MiFID
2 2 (9.52%) QA
3 1 (4.76%) EMIR
Systems Management
1 3 (14.29%) ITRS Geneos
2 2 (9.52%) OpenView
Vendors
1 17 (80.95%) Bloomberg
2 13 (61.90%) ION Trading
3 7 (33.33%) TIBCO
4 6 (28.57%) Microsoft
4 6 (28.57%) Oracle
4 6 (28.57%) Perforce
5 4 (19.05%) eSpeed
6 3 (14.29%) MarketAxess
6 3 (14.29%) Reuters
6 3 (14.29%) Solace
7 1 (4.76%) Google
7 1 (4.76%) Red Hat
7 1 (4.76%) Sybase