Period
to 17 November 2017

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 6 months to 17 November 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
6 months to
17 Nov 2017
Same period 2016 Same period 2015
Rank 573 619 595
Rank change year-on-year +46 -24 -8
Contract jobs citing Tradeweb 54 4 16
As % of all contract IT jobs advertised in London 0.12% 0.009% 0.034%
As % of the Vendors category 0.28% 0.021% 0.081%
Number of daily rates quoted 41 1 11
London median daily rate £650 £625 £550
Median daily rate % change year-on-year +4.00% +13.64% +22.22%
10th Percentile £513 £613 £400
90th Percentile £675 £638 £650
England median daily rate £650 £313 £550
% change year-on-year +108.00% -43.18% +22.22%
Number of hourly rates quoted 6 0 0
London median hourly rate £29.50 - -
England median hourly rate £29.50 - -

Tradeweb is in the Vendor Products and Services category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for knowledge or experience of vendor products and services advertised in London.

All Vendors
London
Contract vacancies with a requirement for knowledge or experience of vendor products and services 18954 19342 19828
As % of all contract IT jobs advertised in London 40.48% 42.70% 42.00%
Number of daily rates quoted 12903 12878 13165
London median daily rate £475 £450 £428
Median daily rate % change year-on-year +5.56% +5.26% +0.59%
10th Percentile £263 £263 £250
90th Percentile £650 £625 £625
England median daily rate £445 £425 £400
% change year-on-year +4.71% +6.25% -
Number of hourly rates quoted 300 281 409
London median hourly rate £19.50 £18.00 £18.00
Median hourly rate % change year-on-year +8.33% - +2.86%
10th Percentile £12.00 £11.25 £11.17
90th Percentile £47.83 £50.00 £45.70
England median hourly rate £17.31 £16.50 £17.50
% change year-on-year +4.92% -5.71% +6.06%

Tradeweb
Job Vacancy Trend in London

Job postings citing Tradeweb as a percentage of all IT jobs advertised in London.

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 6 months to 17 November 2017.

Contractor daily rate histogram for Tradeweb in London

Tradeweb
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Tradeweb in London.

Contractor hourly rate trend 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 6 months to 17 November 2017. 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 +9 10 £600 -4.00%
Tradeweb
England

For the 6 months to 17 November 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 46 (85.19%) Bloomberg
2 35 (64.81%) Fixed Income
2 35 (64.81%) Electronic Trading
3 31 (57.41%) ION Trading
4 28 (51.85%) Front Office
5 25 (46.30%) SQL
5 25 (46.30%) Subversion
6 23 (42.59%) SDLC
6 23 (42.59%) Java
7 22 (40.74%) Low Latency
7 22 (40.74%) Analytical Skills
7 22 (40.74%) Multithreading
7 22 (40.74%) ION MarketView
8 20 (37.04%) TeamCity
8 20 (37.04%) Perforce
8 20 (37.04%) Oracle
8 20 (37.04%) SQL Server
8 20 (37.04%) VSS/SourceSafe
8 20 (37.04%) Microsoft
9 17 (31.48%) C#
10 15 (27.78%) Finance
11 12 (22.22%) Banking
12 11 (20.37%) Windows
13 9 (16.67%) C++
13 9 (16.67%) TIBCO
13 9 (16.67%) Rendezvous
13 9 (16.67%) Derivative
13 9 (16.67%) Test Automation
14 8 (14.81%) MarketAxess
14 8 (14.81%) Eikon

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:

Business Applications
1 22 (40.74%) ION MarketView
2 8 (14.81%) Eikon
3 3 (5.56%) BondVision
4 1 (1.85%) Bloomberg TOMS
Database & Business Intelligence
1 20 (37.04%) SQL Server
2 1 (1.85%) KDB
Development Applications
1 25 (46.30%) Subversion
2 20 (37.04%) TeamCity
2 20 (37.04%) VSS/SourceSafe
3 5 (9.26%) Maven
3 5 (9.26%) Robot Framework
4 2 (3.70%) Team Foundation Server
5 1 (1.85%) Cucumber
5 1 (1.85%) HP UFT
5 1 (1.85%) JIRA
General
1 28 (51.85%) Front Office
2 15 (27.78%) Finance
3 12 (22.22%) Banking
4 3 (5.56%) Investment Banking
5 2 (3.70%) Corporate Banking
5 2 (3.70%) Publishing
6 1 (1.85%) Back Office
6 1 (1.85%) Financial Institution
6 1 (1.85%) International Banking
Job Titles
1 30 (55.56%) Developer
2 26 (48.15%) Electronic Trading Developer
3 22 (40.74%) Electronic Trading Java Developer
3 22 (40.74%) Java Developer
4 14 (25.93%) Analyst
5 9 (16.67%) SQL Developer
5 9 (16.67%) SQL Server Developer
6 6 (11.11%) Senior Developer
6 6 (11.11%) Test Analyst
7 5 (9.26%) C# Developer
7 5 (9.26%) C# WPF Developer
7 5 (9.26%) Support Analyst
7 5 (9.26%) WPF Developer
8 4 (7.41%) C# Developer - Electronic Trading
8 4 (7.41%) Middleware Analyst
8 4 (7.41%) Senior C# Developer
8 4 (7.41%) Senior WPF Developer
8 4 (7.41%) Support Engineer
9 3 (5.56%) Product Manager
9 3 (5.56%) Python Developer
Libraries, Frameworks & Software Standards
1 9 (16.67%) Rendezvous
2 7 (12.96%) Middleware
3 5 (9.26%) ActiveMQ
3 5 (9.26%) Kafka
3 5 (9.26%) LINQ
3 5 (9.26%) RabbitMQ
3 5 (9.26%) WPF
4 3 (5.56%) FIX Protocol
5 2 (3.70%) JMS
6 1 (1.85%) XML
Miscellaneous
1 35 (64.81%) Fixed Income
2 22 (40.74%) Analytical Skills
3 9 (16.67%) Derivative
4 3 (5.56%) Computer Science
4 3 (5.56%) Credit Derivative
5 2 (3.70%) Foreign Exchange (FX)
5 2 (3.70%) Greenfield Project
6 1 (1.85%) SWIFT
Operating Systems
1 11 (20.37%) Windows
2 8 (14.81%) Windows 7
3 5 (9.26%) Unix
Processes & Methodologies
1 35 (64.81%) Electronic Trading
2 23 (42.59%) SDLC
3 22 (40.74%) Low Latency
3 22 (40.74%) Multithreading
4 9 (16.67%) Test Automation
5 7 (12.96%) Agile Software Development
5 7 (12.96%) Analytics
6 5 (9.26%) B2C
6 5 (9.26%) Continuous Integration
6 5 (9.26%) MVVM
6 5 (9.26%) OO
6 5 (9.26%) OOD
6 5 (9.26%) Scrum
6 5 (9.26%) Unit Testing
7 4 (7.41%) People Management
7 4 (7.41%) Scenario Testing
8 3 (5.56%) Service Delivery
8 3 (5.56%) Software Testing
8 3 (5.56%) System Integration Testing
8 3 (5.56%) Test Scripting
Programming Languages
1 25 (46.30%) SQL
2 23 (42.59%) Java
3 17 (31.48%) C#
4 9 (16.67%) C++
5 5 (9.26%) Shell Script
6 4 (7.41%) Python
Qualifications
1 1 (1.85%) Degree
1 1 (1.85%) Master's Degree
Quality Assurance & Compliance
1 5 (9.26%) MiFID
2 3 (5.56%) QA
3 1 (1.85%) ISO 20022
Systems Management
1 1 (1.85%) HP Quality Center
Vendors
1 46 (85.19%) Bloomberg
2 31 (57.41%) ION Trading
3 20 (37.04%) Microsoft
3 20 (37.04%) Oracle
3 20 (37.04%) Perforce
4 9 (16.67%) TIBCO
5 8 (14.81%) MarketAxess
5 8 (14.81%) Reuters
6 5 (9.26%) Solace
7 1 (1.85%) eSpeed
7 1 (1.85%) HP
7 1 (1.85%) Sybase