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 3 months to 26 March 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.

3 months to
26 Mar 2017
Same period 2016 Same period 2015
Volume-Weighted Average Price (VWAP)
England / London
Rank 396 435 416
Rank change year-on-year +39 -19  
Contract jobs citing VWAP 10 1 3
As % of all contract IT jobs advertised in London 0.052% 0.005% 0.014%
As % of the Miscellaneous category 0.15% 0.013% 0.040%
Number of daily rates quoted 9 1 1
Median daily rate £575 £375 £675
Median daily rate % change year-on-year +53.33% -44.44%  
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

VWAP is in the generic IT skills category. The next 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.

Generic IT Skills
London
Contract job vacancies with a requirement for generic IT skills 6765 7660 7518
As % of all contract IT job vacancies advertised in London 35.15% 34.60% 35.47%
Number of daily rates quoted 4701 5447 5108
Median daily rate £500 £475 £463
Median daily rate % change year-on-year +5.26% +2.70%  
90% offered a daily rate of more than £313 £298 £290
10% offered a daily rate of more than £650 £650 £640
UK excluding London median daily rate £395 £375 £375
% change year-on-year +5.33% -  
Number of hourly rates quoted 124 120 143
Median hourly rate £28.35 £20.00 £18.85
Median hourly rate % change year-on-year +41.76% +6.07%  
90% offered a hourly rate of more than £13.88 £12.50 £13.25
10% offered a hourly rate of more than £55.00 £42.10 £40.00
UK excluding London median hourly rate £19.25 £28.50 £18.75
% change year-on-year -32.45% +52.00%  

VWAP
Job Vacancy Trend in London

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

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 3 months to 26 March 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 3 months to 26 March 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 +11 8 £550 +46.66% 1
VWAP
England

VWAP
Top 30 Related IT Skills in London

For the 6 months to 26 March 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 14 (100.00%) Java
1 14 (100.00%) TWAP
2 12 (85.71%) Electronic Trading
3 11 (78.57%) Finance
4 10 (71.43%) Low Latency
4 10 (71.43%) Algorithmic Trading
4 10 (71.43%) Multithreading
5 9 (64.29%) Equities
5 9 (64.29%) Analytical Skills
5 9 (64.29%) Banking
6 8 (57.14%) Data Management
6 8 (57.14%) Data Analysis
6 8 (57.14%) C#
6 8 (57.14%) PL/SQL
6 8 (57.14%) SQL
6 8 (57.14%) Oracle
6 8 (57.14%) Windows
6 8 (57.14%) Linux
6 8 (57.14%) Performance Metrics
6 8 (57.14%) Fintech
6 8 (57.14%) Kdb+
6 8 (57.14%) Index Arbitrage
6 8 (57.14%) KDB
6 8 (57.14%) Analytics
6 8 (57.14%) Arbitrage Trading
7 6 (42.86%) Algorithms
7 6 (42.86%) Investment Banking
8 5 (35.71%) Scrum
9 4 (28.57%) Statistics
9 4 (28.57%) TCP/IP

VWAP
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:

Communications & Networking
1 4 (28.57%) Multicast
1 4 (28.57%) TCP/IP
2 2 (14.29%) FIX Connectivity
Database & Business Intelligence
1 8 (57.14%) KDB
1 8 (57.14%) Kdb+
2 4 (28.57%) Tick Data
Development Applications
1 2 (14.29%) Eclipse
1 2 (14.29%) Git (software)
1 2 (14.29%) IntelliJ
1 2 (14.29%) Subversion
General
1 11 (78.57%) Finance
2 9 (64.29%) Banking
3 6 (42.86%) Investment Banking
4 2 (14.29%) Front Office
Job Titles
1 14 (100.00%) Developer
1 14 (100.00%) Java Developer
2 6 (42.86%) Electronic Trading Developer
2 6 (42.86%) Electronic Trading Java Developer
3 4 (28.57%) Investment Banking Java Developer
3 4 (28.57%) Senior Developer
3 4 (28.57%) Senior Java Developer
4 3 (21.43%) Java Pricing Developer
5 1 (7.14%) Agile Developer
5 1 (7.14%) Agile Java Developer
5 1 (7.14%) Java Software Developer
5 1 (7.14%) Low Latency Java Developer
5 1 (7.14%) Oracle Developer
5 1 (7.14%) Pricing Specialist
5 1 (7.14%) Senior Data Warehouse Specialist
5 1 (7.14%) Software Developer
5 1 (7.14%) SQL Developer
Libraries, Frameworks & Software Standards
1 2 (14.29%) FIX Protocol
Miscellaneous
1 14 (100.00%) TWAP
2 9 (64.29%) Analytical Skills
2 9 (64.29%) Equities
3 8 (57.14%) Fintech
4 6 (42.86%) Algorithms
5 4 (28.57%) Enterprise Software
5 4 (28.57%) Foreign Exchange (FX)
6 2 (14.29%) Computer Science
7 1 (7.14%) Field-Programmable Gate Array
Operating Systems
1 8 (57.14%) Linux
1 8 (57.14%) Windows
Processes & Methodologies
1 12 (85.71%) Electronic Trading
2 10 (71.43%) Algorithmic Trading
2 10 (71.43%) Low Latency
2 10 (71.43%) Multithreading
3 8 (57.14%) Analytics
3 8 (57.14%) Arbitrage Trading
3 8 (57.14%) Data Analysis
3 8 (57.14%) Data Management
3 8 (57.14%) Index Arbitrage
3 8 (57.14%) Performance Metrics
4 5 (35.71%) Scrum
5 4 (28.57%) Concurrent Programming
5 4 (28.57%) Market Making
5 4 (28.57%) Multithreaded Programming
5 4 (28.57%) Performance Tuning
5 4 (28.57%) Statistics
6 3 (21.43%) Agile Software Development
6 3 (21.43%) TDD
7 2 (14.29%) E-business
7 2 (14.29%) E-Commerce
Programming Languages
1 14 (100.00%) Java
2 8 (57.14%) C#
2 8 (57.14%) PL/SQL
2 8 (57.14%) SQL
3 1 (7.14%) C++
Qualifications
1 2 (14.29%) Degree
Quality Assurance & Compliance
1 2 (14.29%) QA
Vendors
1 8 (57.14%) Oracle
City, London
Hatstand Limited
Rate: £500 - £650 per week
Posted: 5 days ago