Period
to 19 January 2018

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 19 January 2018 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
19 Jan 2018
Same period 2017 Same period 2016
Rank 800 797 845
Rank change year-on-year -3 +48 -54
Contract jobs citing RMDS 55 56 22
As % of all contract IT jobs advertised in the UK 0.055% 0.058% 0.020%
As % of the Business Applications category 0.72% 0.69% 0.25%
Number of daily rates quoted 52 54 16
UK median daily rate £500 £650 £625
Median daily rate % change year-on-year -23.08% +4.00% +6.38%
10th Percentile £313 £500 £373
90th Percentile £625 £663 £638
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 7,671 8,109 8,694
As % of all contract IT jobs advertised in the UK 7.65% 8.37% 8.03%
Number of daily rates quoted 4,619 4,904 4,915
UK median daily rate £475 £450 £438
Median daily rate % change year-on-year +5.56% +2.86% -0.57%
10th Percentile £308 £308 £275
90th Percentile £650 £613 £600
UK excluding London median daily rate £440 £425 £425
% change year-on-year +3.53% - +3.66%
Number of hourly rates quoted 72 76 142
UK median hourly rate £22.50 £21.76 £35.00
Median hourly rate % change year-on-year +3.40% -37.83% +15.70%
10th Percentile £10.55 £6.75 £11.33
90th Percentile £57.79 £56.25 £68.53
UK excluding London median hourly rate £21.00 £22.50 £33.71
% change year-on-year -6.67% -33.25% +13.31%

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 Daily Rate Histogram

The daily rate distribution of IT jobs citing RMDS over the 6 months to 19 January 2018.

Contractor daily rate histogram 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 4 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 19 January 2018. 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 -4 55 £500 -23.08% 4
London -38 52 £500 -23.08% 3
South East - 3 £538 - 1
UK excluding London - 3 £538 - 1

For the 6 months to 19 January 2018, IT contractor jobs citing RMDS 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 RMDS.

1 34 (61.82%) Reuters
2 31 (56.36%) TIBCO
3 27 (49.09%) Electronic Trading
4 26 (47.27%) Front Office
5 25 (45.45%) Python
6 23 (41.82%) Windows
6 23 (41.82%) SQL Server
6 23 (41.82%) Foreign Exchange (FX)
7 22 (40.00%) FIX Protocol
8 21 (38.18%) Oracle
8 21 (38.18%) Unix
9 20 (36.36%) Rendezvous
9 20 (36.36%) TCP/IP
10 18 (32.73%) Bloomberg
10 18 (32.73%) Algorithmic Trading
11 17 (30.91%) Market Making
12 16 (29.09%) Finance
12 16 (29.09%) Banking
13 15 (27.27%) SQL
13 15 (27.27%) Currenex
13 15 (27.27%) FXall
14 13 (23.64%) SSL
14 13 (23.64%) HP
14 13 (23.64%) Dell
14 13 (23.64%) Citrix
14 13 (23.64%) VMware
14 13 (23.64%) Microsoft App-V
14 13 (23.64%) SCCM
14 13 (23.64%) Change Control
15 12 (21.82%) Active Directory

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:

Application Platforms
1 12 (21.82%) MS Exchange
2 2 (3.64%) Apache
3 1 (1.82%) Oracle Coherence
Applications
1 1 (1.82%) Microsoft Excel
1 1 (1.82%) Spreadsheet
Business Applications
1 5 (9.09%) ION MarketView
2 1 (1.82%) Orchestrade
Cloud Services
1 3 (5.45%) GitHub
Communications & Networking
1 20 (36.36%) TCP/IP
2 13 (23.64%) SSL
3 4 (7.27%) LAN
3 4 (7.27%) Multicast
4 3 (5.45%) F5 BIG-IP GTM
4 3 (5.45%) F5 BIG-IP LTM
5 2 (3.64%) BIG-IP
5 2 (3.64%) Cisco ASA
5 2 (3.64%) Cisco Nexus
5 2 (3.64%) DHCP
5 2 (3.64%) DNS
5 2 (3.64%) Firewall
5 2 (3.64%) Network Security
5 2 (3.64%) WAAS
5 2 (3.64%) Wireless
5 2 (3.64%) Wireshark
Database & Business Intelligence
1 23 (41.82%) SQL Server
2 1 (1.82%) SQL Server 2008
Development Applications
1 5 (9.09%) Git (software)
1 5 (9.09%) Visual Studio
2 3 (5.45%) Oracle APEX
3 2 (3.64%) CodeRush
3 2 (3.64%) Maven
3 2 (3.64%) NUnit
3 2 (3.64%) ReSharper
3 2 (3.64%) Subversion
3 2 (3.64%) TeamCity
4 1 (1.82%) Jenkins
General
1 26 (47.27%) Front Office
2 16 (29.09%) Banking
2 16 (29.09%) Finance
3 7 (12.73%) Investment Banking
4 2 (3.64%) Retail Banking
5 1 (1.82%) French Language
Job Titles
1 14 (25.45%) Analyst
2 12 (21.82%) Developer
3 10 (18.18%) Senior Analyst
4 9 (16.36%) Electronic Trading Support
5 8 (14.55%) C# Developer
5 8 (14.55%) Service Analyst
5 8 (14.55%) Service Management Analyst
6 6 (10.91%) Support Analyst
7 5 (9.09%) Desktop Support
8 3 (5.45%) Front Office Developer
8 3 (5.45%) Full Stack Developer
8 3 (5.45%) Support Specialist
9 2 (3.64%) 2nd/3rd Line Support
9 2 (3.64%) 2nd/3rd Line Support Engineer
9 2 (3.64%) 3rd Line Engineer
9 2 (3.64%) E-Commerce Specialist
9 2 (3.64%) E-Commerce Support
9 2 (3.64%) FX Support Analyst
9 2 (3.64%) Support Engineer
9 2 (3.64%) Trade Floor Support Analyst
Libraries, Frameworks & Software Standards
1 22 (40.00%) FIX Protocol
2 20 (36.36%) Rendezvous
3 7 (12.73%) Middleware
4 6 (10.91%) HTML
4 6 (10.91%) TIBCO EMS
5 5 (9.09%) .NET
5 5 (9.09%) WCF
5 5 (9.09%) WPF
6 4 (7.27%) .NET Framework
6 4 (7.27%) Ajax
6 4 (7.27%) SOAP
6 4 (7.27%) Web Services
6 4 (7.27%) XML
7 3 (5.45%) HTML5
7 3 (5.45%) LINQ
7 3 (5.45%) Reactive Extensions
7 3 (5.45%) Task Parallel Library
7 3 (5.45%) XHTML
8 2 (3.64%) ASP.NET Web API
8 2 (3.64%) Polymer
Miscellaneous
1 23 (41.82%) Foreign Exchange (FX)
2 8 (14.55%) Fixed Income
3 6 (10.91%) Analytical Skills
3 6 (10.91%) Computer Science
4 3 (5.45%) Derivative
5 2 (3.64%) Credit Derivative
5 2 (3.64%) Enterprise Software
5 2 (3.64%) Linux Command Line
5 2 (3.64%) User Experience
6 1 (1.82%) Algorithms
6 1 (1.82%) Distributed Denial-of-Service
6 1 (1.82%) Fintech
6 1 (1.82%) Greenfield Project
Operating Systems
1 23 (41.82%) Windows
2 21 (38.18%) Unix
3 8 (14.55%) Linux
4 2 (3.64%) Windows Server
Processes & Methodologies
1 27 (49.09%) Electronic Trading
2 18 (32.73%) Algorithmic Trading
3 17 (30.91%) Market Making
4 13 (23.64%) Change Control
5 11 (20.00%) Project Management
6 10 (18.18%) Change Management
6 10 (18.18%) Multithreading
6 10 (18.18%) Problem Management
6 10 (18.18%) Service Management
7 8 (14.55%) Agile Software Development
8 5 (9.09%) ITIL
8 5 (9.09%) SOA
8 5 (9.09%) TDD
9 4 (7.27%) ITIL V3
9 4 (7.27%) PRINCE2
9 4 (7.27%) Task Automation
10 3 (5.45%) Concurrent Programming
10 3 (5.45%) Continuous Delivery
10 3 (5.45%) Multithreaded Programming
10 3 (5.45%) Prototyping
Programming Languages
1 25 (45.45%) Python
2 15 (27.27%) SQL
3 10 (18.18%) C#
4 8 (14.55%) Java
5 7 (12.73%) C++
6 6 (10.91%) JavaScript
6 6 (10.91%) Perl
6 6 (10.91%) Shell Script
7 4 (7.27%) C
7 4 (7.27%) PHP
8 1 (1.82%) PowerShell
8 1 (1.82%) VBA
Qualifications
1 4 (7.27%) PMP
2 2 (3.64%) Degree
Quality Assurance & Compliance
1 2 (3.64%) ISO/IEC 20000
1 2 (3.64%) ISO/IEC 27001
1 2 (3.64%) PCI DSS
2 1 (1.82%) MiFID
2 1 (1.82%) SLA
System Software
1 13 (23.64%) Microsoft App-V
2 12 (21.82%) Active Directory
3 1 (1.82%) VMware Infrastructure
Systems Management
1 13 (23.64%) SCCM
2 4 (7.27%) Thomson Reuters DACS
3 3 (5.45%) MOM
4 1 (1.82%) Ansible
Vendors
1 34 (61.82%) Reuters
2 31 (56.36%) TIBCO
3 21 (38.18%) Oracle
4 18 (32.73%) Bloomberg
5 15 (27.27%) Currenex
5 15 (27.27%) FXall
6 13 (23.64%) Citrix
6 13 (23.64%) Dell
6 13 (23.64%) HP
6 13 (23.64%) VMware
7 12 (21.82%) Cisco
8 7 (12.73%) ION Trading
9 4 (7.27%) Microsoft
9 4 (7.27%) Sybase
10 3 (5.45%) F5
11 2 (3.64%) AlgoSec
11 2 (3.64%) FireEye
11 2 (3.64%) LogLogic
11 2 (3.64%) Splunk
11 2 (3.64%) StreamBase