Period
to 17 November 2017

The table below looks at the prevalence of the term VWAP in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited VWAP over the 6 months to 17 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.

Volume-Weighted Average Price (VWAP)
England > London
6 months to
17 Nov 2017
Same period 2016 Same period 2015
Rank 618 614 609
Rank change year-on-year -4 -5 -17
Contract jobs citing VWAP 9 9 2
As % of all contract IT jobs advertised in London 0.019% 0.020% 0.004%
As % of the Miscellaneous category 0.049% 0.054% 0.011%
Number of daily rates quoted 9 9 1
London median daily rate £625 £605 £375
Median daily rate % change year-on-year +3.31% +61.33% -42.31%
10th Percentile £538 £563 £363
90th Percentile £725 £745 £388
England median daily rate £625 £605 £375
% change year-on-year +3.31% +61.33% -42.31%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - -

VWAP 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 18273 16696 17618
As % of all contract IT jobs advertised in London 39.02% 36.86% 37.32%
Number of daily rates quoted 13090 11835 12394
London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% -
10th Percentile £313 £294 £273
90th Percentile £675 £650 £650
England median daily rate £450 £425 £425
% change year-on-year +5.88% - +6.25%
Number of hourly rates quoted 223 252 311
London median hourly rate £21.20 £19.96 £20.00
Median hourly rate % change year-on-year +6.21% -0.20% +11.11%
10th Percentile £12.75 £11.75 £12.02
90th Percentile £47.00 £50.00 £50.00
England median hourly rate £20.50 £20.67 £19.03
% change year-on-year -0.82% +8.62% +5.72%

VWAP
Job Vacancy Trend in London

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

Job vacancy trend for VWAP in London

VWAP
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for VWAP in London

VWAP
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing VWAP in London over the 6 months to 17 November 2017.

Contractor daily rate histogram for VWAP in London

VWAP
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 VWAP 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 +2 3 £700 +33.33%
VWAP
England

For the 6 months to 17 November 2017, IT contractor jobs citing VWAP 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 VWAP.

1 9 (100.00%) C#
1 9 (100.00%) Java
1 9 (100.00%) SQL
1 9 (100.00%) KDB
2 7 (77.78%) Finance
3 5 (55.56%) Oracle
3 5 (55.56%) PL/SQL
3 5 (55.56%) Linux
3 5 (55.56%) Index Arbitrage
3 5 (55.56%) TWAP
3 5 (55.56%) Kdb+
3 5 (55.56%) Arbitrage Trading
4 4 (44.44%) Solace
4 4 (44.44%) DevOps
4 4 (44.44%) Groovy
4 4 (44.44%) OO
4 4 (44.44%) Python
4 4 (44.44%) TIBCO
4 4 (44.44%) Rendezvous
4 4 (44.44%) Middleware
4 4 (44.44%) FIX Protocol
4 4 (44.44%) Mathematics
5 3 (33.33%) Windows
5 3 (33.33%) Banking
5 3 (33.33%) Data Management
5 3 (33.33%) Data Analysis
5 3 (33.33%) Apache Cassandra
5 3 (33.33%) Statistics
5 3 (33.33%) Kafka
5 3 (33.33%) Algorithmic Trading

VWAP
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 9 (100.00%) KDB
2 5 (55.56%) Kdb+
3 3 (33.33%) Apache Cassandra
3 3 (33.33%) Tick Data
General
1 7 (77.78%) Finance
2 3 (33.33%) Banking
3 1 (11.11%) Front Office
3 1 (11.11%) Investment Banking
Job Titles
1 9 (100.00%) Developer
2 6 (66.67%) Java Developer
3 3 (33.33%) Oracle Developer
3 3 (33.33%) Quantitative Developer
3 3 (33.33%) Senior Developer
3 3 (33.33%) SQL Developer
4 2 (22.22%) Applications Developer
4 2 (22.22%) Java Quantitative Developer
4 2 (22.22%) Pricing Developer
4 2 (22.22%) Senior Applications Developer
5 1 (11.11%) C# Developer
5 1 (11.11%) C# Pricing Developer
5 1 (11.11%) C# Quant Developer
5 1 (11.11%) Front Office Developer
5 1 (11.11%) Java Pricing Developer
5 1 (11.11%) KDB Developer
5 1 (11.11%) Python Developer
5 1 (11.11%) Senior Java Developer
5 1 (11.11%) Senior Oracle Developer
5 1 (11.11%) Senior SQL Developer
Libraries, Frameworks & Software Standards
1 4 (44.44%) FIX Protocol
1 4 (44.44%) Middleware
1 4 (44.44%) Rendezvous
2 3 (33.33%) Kafka
3 2 (22.22%) .NET
3 2 (22.22%) ASP.NET
Miscellaneous
1 5 (55.56%) TWAP
2 3 (33.33%) Analytical Skills
2 3 (33.33%) Enterprise Software
2 3 (33.33%) Fintech
3 2 (22.22%) Equities
4 1 (11.11%) Algorithms
4 1 (11.11%) Foreign Exchange (FX)
Operating Systems
1 5 (55.56%) Linux
2 3 (33.33%) Windows
Processes & Methodologies
1 5 (55.56%) Arbitrage Trading
1 5 (55.56%) Index Arbitrage
2 4 (44.44%) DevOps
2 4 (44.44%) Mathematics
2 4 (44.44%) OO
3 3 (33.33%) Algorithmic Trading
3 3 (33.33%) Analytics
3 3 (33.33%) Automated Trading
3 3 (33.33%) Data Analysis
3 3 (33.33%) Data Management
3 3 (33.33%) Low Latency
3 3 (33.33%) Market Making
3 3 (33.33%) Multithreading
3 3 (33.33%) Performance Metrics
3 3 (33.33%) Statistics
4 1 (11.11%) Electronic Trading
4 1 (11.11%) Mentoring
Programming Languages
1 9 (100.00%) C#
1 9 (100.00%) Java
1 9 (100.00%) SQL
2 5 (55.56%) PL/SQL
3 4 (44.44%) Groovy
3 4 (44.44%) Python
Vendors
1 5 (55.56%) Oracle
2 4 (44.44%) Solace
2 4 (44.44%) TIBCO