Period
to 17 February 2019

The following table provides summary statistics for contract job vacancies with a requirement for RMDS skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited RMDS over the 6 months to 17 February 2019 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.

Reuters Market Data System (RMDS)
UK
6 months to
17 Feb 2019
Same period 2018 Same period 2017
Rank 849 817 790
Rank change year-on-year -32 -27 +66
Contract jobs citing RMDS 15 46 61
As % of all contract IT jobs advertised in the UK 0.015% 0.046% 0.064%
As % of the Business Applications category 0.24% 0.61% 0.75%
Number of daily rates quoted 13 44 58
UK median daily rate £625 £500 £650
Median daily rate % change year-on-year +25.00% -23.08% +8.33%
10th Percentile £575 £313 £500
90th Percentile £663 £588 £700
UK excluding London median daily rate - £538 -
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

RMDS is in the Business Applications category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for business application skills.

All Business Application Skills
UK
Contract vacancies with a requirement for business application skills 6,312 7,544 8,146
As % of all contract IT jobs advertised in the UK 6.46% 7.50% 8.49%
Number of daily rates quoted 3,679 4,503 4,949
UK median daily rate £480 £475 £450
Median daily rate % change year-on-year +1.05% +5.56% +4.05%
10th Percentile £313 £313 £305
90th Percentile £675 £650 £625
UK excluding London median daily rate £450 £450 £425
% change year-on-year - +5.88% -
Number of hourly rates quoted 101 82 82
UK median hourly rate £36.50 £28.25 £23.00
Median hourly rate % change year-on-year +29.20% +22.83% -36.11%
10th Percentile £11.50 £10.28 £9.80
90th Percentile £67.50 £50.00 £63.94
UK excluding London median hourly rate £41.50 £25.25 £22.75
% change year-on-year +64.36% +10.99% -36.81%

RMDS
Job Vacancy Trend

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

Job vacancy trend for RMDS in the UK

RMDS
Contractor Daily Rate Trend

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

Contractor daily rate trend for RMDS in the UK

RMDS
Contractor Hourly Rate Trend

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing RMDS.

Contractor hourly rate trend for RMDS in the UK

RMDS
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 RMDS within the UK over the 6 months to 17 February 2019. 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
London -8 15 £625 +25.00%
England -35 15 £625 +25.00%

For the 6 months to 17 February 2019, IT contractor jobs citing RMDS also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads with a requirement for RMDS.

1 14 (93.33%) .NET
1 14 (93.33%) C++
1 14 (93.33%) TIBCO
1 14 (93.33%) Reuters
1 14 (93.33%) Front Office
1 14 (93.33%) Fixed Income
2 13 (86.67%) WinForms
2 13 (86.67%) C#
2 13 (86.67%) NUnit
2 13 (86.67%) Rendezvous
2 13 (86.67%) SQL Server
2 13 (86.67%) Visual Studio
3 5 (33.33%) ION Trading
4 2 (13.33%) Unix
4 2 (13.33%) Linux
4 2 (13.33%) Analytical Skills
4 2 (13.33%) Electronic Trading
5 1 (6.67%) Algorithmic Trading
5 1 (6.67%) KDB
5 1 (6.67%) Multithreading
5 1 (6.67%) TeamCity
5 1 (6.67%) Git (software)
5 1 (6.67%) 3000 Xtra
5 1 (6.67%) Data Quality
5 1 (6.67%) Machine Learning
5 1 (6.67%) Jenkins
5 1 (6.67%) StreamBase
5 1 (6.67%) Enterprise Software
5 1 (6.67%) Low Latency
5 1 (6.67%) SDLC

RMDS
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 1 (6.67%) 3000 Xtra
Database & Business Intelligence
1 13 (86.67%) SQL Server
2 1 (6.67%) KDB
2 1 (6.67%) Kdb+
Development Applications
1 13 (86.67%) NUnit
1 13 (86.67%) Visual Studio
2 1 (6.67%) Git (software)
2 1 (6.67%) Jenkins
2 1 (6.67%) Maven
2 1 (6.67%) TeamCity
General
1 14 (93.33%) Front Office
2 1 (6.67%) Finance
Job Titles
1 13 (86.67%) C# Developer
1 13 (86.67%) C# Pricing Developer
1 13 (86.67%) C++ Developer
1 13 (86.67%) C++ Pricing Developer
1 13 (86.67%) C++/C# Developer
1 13 (86.67%) Developer
1 13 (86.67%) Front Office C++ Developer
1 13 (86.67%) Front Office Developer
1 13 (86.67%) Pricing Developer
1 13 (86.67%) WinForms Developer
2 8 (53.33%) UI Developer
3 5 (33.33%) .NET Developer
3 5 (33.33%) C# .NET Developer
4 1 (6.67%) Analyst
4 1 (6.67%) Data Analyst
4 1 (6.67%) Desktop Specialist
4 1 (6.67%) Market Analyst
4 1 (6.67%) Market Data Analyst
Libraries, Frameworks & Software Standards
1 14 (93.33%) .NET
2 13 (86.67%) Rendezvous
2 13 (86.67%) WinForms
3 1 (6.67%) Middleware
3 1 (6.67%) Spring
3 1 (6.67%) WPF
Miscellaneous
1 14 (93.33%) Fixed Income
2 2 (13.33%) Analytical Skills
3 1 (6.67%) Enterprise Software
3 1 (6.67%) Linux Command Line
Operating Systems
1 2 (13.33%) Linux
1 2 (13.33%) Unix
2 1 (6.67%) Windows
Processes & Methodologies
1 2 (13.33%) Electronic Trading
2 1 (6.67%) Algorithmic Trading
2 1 (6.67%) Computer Science
2 1 (6.67%) Creative Thinking
2 1 (6.67%) Low Latency
2 1 (6.67%) Machine Learning
2 1 (6.67%) Mathematics
2 1 (6.67%) Multithreaded Programming
2 1 (6.67%) Multithreading
2 1 (6.67%) OO
2 1 (6.67%) OOD
2 1 (6.67%) SDLC
2 1 (6.67%) SOA
2 1 (6.67%) Software Engineering
Programming Languages
1 14 (93.33%) C++
2 13 (86.67%) C#
3 1 (6.67%) Java
3 1 (6.67%) JavaScript
3 1 (6.67%) Shell Script
Qualifications
1 1 (6.67%) Degree
Quality Assurance & Compliance
1 1 (6.67%) Data Quality
1 1 (6.67%) QA
Vendors
1 14 (93.33%) Reuters
1 14 (93.33%) TIBCO
2 5 (33.33%) ION Trading
3 1 (6.67%) Bloomberg
3 1 (6.67%) StreamBase