Period
to 24 November 2017

The table below looks at the prevalence of the term TWAP in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited TWAP over the 6 months to 24 November 2017 with a comparison to the same period over 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.

Time-Weighted Average Price (TWAP)
England > London
6 months to
24 Nov 2017
Same period 2016 Same period 2015
Rank 625 611 612
Rank change year-on-year -14 +1 -26
Contract jobs citing TWAP 4 9 1
As % of all contract IT jobs advertised in London 0.008% 0.020% 0.002%
As % of the Miscellaneous category 0.022% 0.054% 0.006%
Number of daily rates quoted 4 9 0
London median daily rate £638 £605 -
Median daily rate % change year-on-year +5.37% - -
England median daily rate £638 £605 -
% change year-on-year +5.37% - -
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - -

TWAP is in the Generic IT Skills 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 generic IT skills.

All Generic IT Skills
London
Contract vacancies with a requirement for generic IT skills 18414 16566 17511
As % of all contract IT jobs advertised in London 39.10% 36.73% 37.30%
Number of daily rates quoted 13189 11739 12310
London median daily rate £500 £475 £455
Median daily rate % change year-on-year +5.26% +4.40% +1.11%
10th Percentile £313 £290 £275
90th Percentile £688 £650 £650
England median daily rate £450 £425 £425
% change year-on-year +5.88% - +6.25%
Number of hourly rates quoted 227 256 302
London median hourly rate £21.40 £19.71 £20.25
Median hourly rate % change year-on-year +8.57% -2.67% +12.50%
10th Percentile £12.89 £12.00 £12.02
90th Percentile £47.80 £50.00 £47.28
England median hourly rate £20.50 £20.50 £19.09
% change year-on-year - +7.39% +6.06%

TWAP
Job Vacancy Trend in London

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

Job vacancy trend for TWAP in London

TWAP
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for TWAP in London

TWAP
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing TWAP in London over the 6 months to 24 November 2017.

Contractor daily rate histogram for TWAP in London

TWAP
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 TWAP within the London region over the 6 months to 24 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 +3 2 £700 +33.33%
TWAP
England

For the 6 months to 24 November 2017, IT contractor jobs citing TWAP 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 TWAP.

1 4 (100.00%) Linux
1 4 (100.00%) C#
1 4 (100.00%) Java
1 4 (100.00%) PL/SQL
1 4 (100.00%) SQL
1 4 (100.00%) Oracle
1 4 (100.00%) VWAP
1 4 (100.00%) Index Arbitrage
1 4 (100.00%) KDB
1 4 (100.00%) Kdb+
1 4 (100.00%) Arbitrage Trading
2 2 (50.00%) Automated Trading
2 2 (50.00%) Multithreading
2 2 (50.00%) Apache Cassandra
2 2 (50.00%) Kafka
2 2 (50.00%) Analytics
2 2 (50.00%) Enterprise Software
2 2 (50.00%) Low Latency
2 2 (50.00%) Analytical Skills
2 2 (50.00%) Performance Metrics
2 2 (50.00%) Market Making
2 2 (50.00%) Tick Data
2 2 (50.00%) Fintech
2 2 (50.00%) Algorithmic Trading
2 2 (50.00%) ASP.NET
2 2 (50.00%) Windows
2 2 (50.00%) .NET
2 2 (50.00%) Finance
2 2 (50.00%) Equities
2 2 (50.00%) Data Management

TWAP
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:

Database & Business Intelligence
1 4 (100.00%) KDB
1 4 (100.00%) Kdb+
2 2 (50.00%) Apache Cassandra
2 2 (50.00%) Tick Data
General
1 2 (50.00%) Finance
Job Titles
1 4 (100.00%) Developer
2 2 (50.00%) Applications Developer
2 2 (50.00%) Java Developer
2 2 (50.00%) Oracle Developer
2 2 (50.00%) Senior Applications Developer
2 2 (50.00%) Senior Developer
2 2 (50.00%) SQL Developer
Libraries, Frameworks & Software Standards
1 2 (50.00%) .NET
1 2 (50.00%) ASP.NET
1 2 (50.00%) Kafka
Miscellaneous
1 4 (100.00%) VWAP
2 2 (50.00%) Analytical Skills
2 2 (50.00%) Enterprise Software
2 2 (50.00%) Equities
2 2 (50.00%) Fintech
Operating Systems
1 4 (100.00%) Linux
2 2 (50.00%) Windows
Processes & Methodologies
1 4 (100.00%) Arbitrage Trading
1 4 (100.00%) Index Arbitrage
2 2 (50.00%) Algorithmic Trading
2 2 (50.00%) Analytics
2 2 (50.00%) Automated Trading
2 2 (50.00%) Data Analysis
2 2 (50.00%) Data Management
2 2 (50.00%) Low Latency
2 2 (50.00%) Market Making
2 2 (50.00%) Multithreading
2 2 (50.00%) Performance Metrics
2 2 (50.00%) Statistics
Programming Languages
1 4 (100.00%) C#
1 4 (100.00%) Java
1 4 (100.00%) PL/SQL
1 4 (100.00%) SQL
Vendors
1 4 (100.00%) Oracle