Period
to 20 November 2017

The table below provides summary statistics for contract job vacancies with a requirement for knowledge and experience of MarketAxess products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited MarketAxess over the 6 months to 20 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 MarketAxess.

MarketAxess
UK
6 months to
20 Nov 2017
Same period 2016 Same period 2015
Rank 871 884 874
Rank change year-on-year +13 -10 -24
Contract jobs citing MarketAxess 8 4 12
As % of all contract IT jobs advertised in the UK 0.008% 0.004% 0.010%
As % of the Vendors category 0.018% 0.008% 0.024%
Number of daily rates quoted 7 3 9
UK median daily rate £600 £313 £600
Median daily rate % change year-on-year +92.00% -47.92% +11.63%
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

MarketAxess 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.

All Vendors
UK
Contract vacancies with a requirement for knowledge or experience of vendor products and services 43596 47131 49574
As % of all contract IT jobs advertised in the UK 42.63% 45.31% 43.35%
Number of daily rates quoted 27081 28807 29231
UK median daily rate £430 £420 £400
Median daily rate % change year-on-year +2.38% +5.00% -
10th Percentile £238 £240 £225
90th Percentile £625 £588 £575
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.23% +3.33% +4.17%
Number of hourly rates quoted 1460 1688 2113
UK median hourly rate £17.38 £16.75 £17.50
Median hourly rate % change year-on-year +3.73% -4.29% +6.06%
10th Percentile £10.56 £10.24 £10.13
90th Percentile £45.27 £45.00 £43.75
UK excluding London median hourly rate £16.50 £16.50 £17.50
% change year-on-year - -5.71% +6.06%

MarketAxess
Job Vacancy Trend

Job postings citing MarketAxess as a percentage of all IT jobs advertised.

Job vacancy trend for MarketAxess in the UK

MarketAxess
Contractor Daily Rate Trend

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

Contractor daily rate trend for MarketAxess in the UK

MarketAxess
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing MarketAxess within the UK over the 6 months to 20 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
England +31 8 £600 +92.00% 1
London -12 8 £600 +92.00% 1

For the 6 months to 20 November 2017, IT contractor jobs citing MarketAxess also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for MarketAxess.

1 8 (100.00%) C#
1 8 (100.00%) Tradeweb
2 5 (62.50%) Test Automation
2 5 (62.50%) MVVM
2 5 (62.50%) Analytics
2 5 (62.50%) Robot Framework
2 5 (62.50%) Agile Software Development
2 5 (62.50%) Derivative
2 5 (62.50%) WPF
2 5 (62.50%) LINQ
2 5 (62.50%) Unit Testing
2 5 (62.50%) Continuous Integration
2 5 (62.50%) OO
2 5 (62.50%) OOD
2 5 (62.50%) B2C
2 5 (62.50%) Scrum
2 5 (62.50%) Subversion
2 5 (62.50%) Maven
2 5 (62.50%) Bloomberg
3 4 (50.00%) Fixed Income
3 4 (50.00%) Front Office
3 4 (50.00%) Finance
3 4 (50.00%) Electronic Trading
3 4 (50.00%) Banking
4 3 (37.50%) BondVision
4 3 (37.50%) SDLC
4 3 (37.50%) Computer Science
4 3 (37.50%) Python
4 3 (37.50%) Software Engineering
5 1 (12.50%) Foreign Exchange (FX)

MarketAxess
Co-occurring IT Skills 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 3 (37.50%) BondVision
Development Applications
1 5 (62.50%) Maven
1 5 (62.50%) Robot Framework
1 5 (62.50%) Subversion
General
1 4 (50.00%) Banking
1 4 (50.00%) Finance
1 4 (50.00%) Front Office
Job Titles
1 8 (100.00%) Developer
2 5 (62.50%) C# Developer
2 5 (62.50%) C# WPF Developer
2 5 (62.50%) WPF Developer
3 4 (50.00%) C# Developer - Electronic Trading
3 4 (50.00%) Electronic Trading Developer
3 4 (50.00%) Senior C# Developer
3 4 (50.00%) Senior Developer
3 4 (50.00%) Senior WPF Developer
4 3 (37.50%) Python Developer
5 1 (12.50%) UI Developer
Libraries, Frameworks & Software Standards
1 5 (62.50%) LINQ
1 5 (62.50%) WPF
Miscellaneous
1 5 (62.50%) Derivative
2 4 (50.00%) Fixed Income
3 3 (37.50%) Computer Science
4 1 (12.50%) Foreign Exchange (FX)
Processes & Methodologies
1 5 (62.50%) Agile Software Development
1 5 (62.50%) Analytics
1 5 (62.50%) B2C
1 5 (62.50%) Continuous Integration
1 5 (62.50%) MVVM
1 5 (62.50%) OO
1 5 (62.50%) OOD
1 5 (62.50%) Scrum
1 5 (62.50%) Test Automation
1 5 (62.50%) Unit Testing
2 4 (50.00%) Electronic Trading
3 3 (37.50%) SDLC
3 3 (37.50%) Software Engineering
4 1 (12.50%) Migration
Programming Languages
1 8 (100.00%) C#
2 3 (37.50%) Python
Vendors
1 8 (100.00%) Tradeweb
2 5 (62.50%) Bloomberg