MarketAxess Contract Job Trends

MarketAxess
UK

The table below provides summary statistics for contract job vacancies requiring knowledge or experience of MarketAxess products and/or services. It includes a benchmarking guide to contractor rates offered in vacancies that cited MarketAxess over the 6 months leading up to 21 November 2025, comparing them to the same period in the previous two years.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within MarketAxess.

6 months to
21 Nov 2025
Same period 2024 Same period 2023
Rank 574 561 613
Rank change year-on-year -13 +52 +192
Contract jobs citing MarketAxess 5 3 5
As % of all contract jobs in the UK 0.014% 0.008% 0.011%
As % of the Vendors category 0.029% 0.018% 0.024%
Number of daily rates quoted 3 2 4
10th Percentile £332 - £405
25th Percentile £350 - £563
Median daily rate (50th Percentile) £380 £820 £725
Median % change year-on-year -53.66% +13.10% -19.44%
75th Percentile £678 - £778
90th Percentile £856 - £829
UK excluding London median daily rate - - -

All Vendors
UK

MarketAxess falls under the Vendor Products and Services category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring knowledge or experience of all vendor products and services.

Contract vacancies with a requirement for knowledge or experience of vendor products and services 17,053 16,375 21,009
As % of all contract IT jobs advertised in the UK 47.54% 44.88% 45.41%
Number of daily rates quoted 10,738 9,632 13,459
10th Percentile £287 £300 £260
25th Percentile £405 £413 £406
Median daily rate (50th Percentile) £500 £525 £525
Median % change year-on-year -4.76% - -1.45%
75th Percentile £612 £625 £638
90th Percentile £700 £718 £725
UK excluding London median daily rate £492 £500 £500
% change year-on-year -1.60% - +1.01%
Number of hourly rates quoted 887 522 674
10th Percentile £15.33 £15.51 £14.59
25th Percentile £18.25 £19.09 £20.00
Median hourly rate £25.15 £30.00 £44.50
Median % change year-on-year -16.18% -32.58% +72.61%
75th Percentile £42.63 £62.50 £63.75
90th Percentile £72.50 £73.98 £76.53
UK excluding London median hourly rate £22.32 £27.50 £44.50
% change year-on-year -18.85% -38.20% +97.78%

MarketAxess
Job Vacancy Trend

Historical trend showing the proportion of contract IT job postings citing MarketAxess relative to all contract IT jobs advertised.

MarketAxess job vacancy trend in the UK

MarketAxess
Daily Rate Trend

Contractor daily rate distribution trend for jobs in the UK citing MarketAxess.

Contractor daily rate distribution trend for jobs in the UK citing MarketAxess

MarketAxess
Daily Rate Histogram

Daily rate distribution for jobs citing MarketAxess over the 6 months to 21 November 2025.

Daily rate histogram for MarketAxess in the UK

MarketAxess
Hourly Rate Trend

Contractor hourly rate distribution trend for jobs in the UK citing MarketAxess.

Contractor hourly rate distribution trend for jobs in the UK citing MarketAxess

MarketAxess
Top 6 Contract Job 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 21 November 2025. 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
Jobs
England -12 5 £380 -53.66% 4
London -8 4 £380 -53.66% 4
Yorkshire - 1 - -
Work from Home - 1 £380 - 2
UK excluding London - 1 - - 1
North of England - 1 - -

MarketAxess
Co-Occurring Skills & Capabilities by Category

The following tables expand on the one above by listing co-occurrences grouped by category. They cover the same employment type, locality and period, with up to 20 co-occurrences shown in each category:

Application Platforms
1 1 (20.00%) Confluence
Business Applications
1 2 (40.00%) BondVision
Development Applications
1 2 (40.00%) Jenkins
1 2 (40.00%) JIRA
2 1 (20.00%) Atlassian Bamboo
2 1 (20.00%) Bitbucket
2 1 (20.00%) Cucumber
2 1 (20.00%) Git
2 1 (20.00%) REST Assured
2 1 (20.00%) Selenium
General
1 4 (80.00%) Finance
1 4 (80.00%) Front Office
1 4 (80.00%) Social Skills
2 3 (60.00%) Banking
3 2 (40.00%) Analytical Skills
3 2 (40.00%) Financial Institution
Job Titles
1 3 (60.00%) Analyst
2 2 (40.00%) Support Analyst
3 1 (20.00%) Automation Engineer
3 1 (20.00%) Business Analyst
3 1 (20.00%) Electronic Trading Business Analyst
3 1 (20.00%) Fixed Income Business Analyst
3 1 (20.00%) IT Analyst
3 1 (20.00%) IT Support
3 1 (20.00%) IT Support Analyst
3 1 (20.00%) Junior
3 1 (20.00%) Junior Analyst
3 1 (20.00%) Junior Support Analyst
3 1 (20.00%) QA Automation Engineer
3 1 (20.00%) QA Engineer
Libraries, Frameworks & Software Standards
1 1 (20.00%) .NET
1 1 (20.00%) REST
Miscellaneous
1 5 (100.00%) Fixed Income
2 2 (40.00%) Product Ownership
3 1 (20.00%) Derivative
3 1 (20.00%) Foreign Exchange (FX)
3 1 (20.00%) Self-Motivation
Operating Systems
1 1 (20.00%) Linux
1 1 (20.00%) Unix
Processes & Methodologies
1 3 (60.00%) Electronic Trading
2 2 (40.00%) Problem-Solving
2 2 (40.00%) Stakeholder Management
3 1 (20.00%) Agile
3 1 (20.00%) Capacity Planning
3 1 (20.00%) CI/CD
3 1 (20.00%) Data Validation
3 1 (20.00%) Kanban
3 1 (20.00%) Order Management
3 1 (20.00%) Regression Testing
3 1 (20.00%) Release Management
3 1 (20.00%) Risk Management
3 1 (20.00%) Roadmaps
3 1 (20.00%) Scrum
3 1 (20.00%) Software Testing
3 1 (20.00%) Sprint Planning
3 1 (20.00%) System Testing
3 1 (20.00%) Tech Ops
3 1 (20.00%) Test Automation
3 1 (20.00%) Validation
Programming Languages
1 2 (40.00%) Python
1 2 (40.00%) SQL
2 1 (20.00%) C#
2 1 (20.00%) Java
2 1 (20.00%) Perl
Quality Assurance & Compliance
1 2 (40.00%) QA
Systems Management
1 1 (20.00%) Ansible
1 1 (20.00%) ITRS Geneos
Vendors
1 5 (100.00%) Tradeweb
2 4 (80.00%) Bloomberg
3 3 (60.00%) ION Trading
4 2 (40.00%) Murex
5 1 (20.00%) AppDynamics
5 1 (20.00%) Splunk