ION Trading Contracts

ION Trading
UK

The table below provides summary statistics for contract job vacancies with a requirement for knowledge and experience of ION Trading products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited ION Trading over the 6 months to 4 May 2024 with a comparison to the same period in the previous 2 years.

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

6 months to
4 May 2024
Same period 2023 Same period 2022
Rank 527 562 681
Rank change year-on-year +35 +119 -68
Contract jobs citing ION Trading 64 157 173
As % of all contract jobs advertised in the UK 0.15% 0.27% 0.19%
As % of the Vendors category 0.35% 0.62% 0.49%
Number of daily rates quoted 58 132 156
10th Percentile £734 £538 £525
25th Percentile £775 £550 £700
Median daily rate (50th Percentile) £800 £700 £750
Median % change year-on-year +14.29% -6.67% +15.38%
75th Percentile £900 £850 £800
90th Percentile £958 £867 £844
UK excluding London median daily rate £500 - -

All Vendors
UK

ION Trading 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.

Contract vacancies with a requirement for knowledge or experience of vendor products and services 18,378 25,381 35,402
As % of all contract IT jobs advertised in the UK 42.59% 42.91% 39.90%
Number of daily rates quoted 11,388 16,991 23,516
10th Percentile £263 £273 £293
25th Percentile £403 £413 £413
Median daily rate (50th Percentile) £515 £525 £525
Median % change year-on-year -1.90% - +10.53%
75th Percentile £627 £648 £634
90th Percentile £738 £743 £725
UK excluding London median daily rate £500 £500 £465
% change year-on-year - +7.53% +9.41%
Number of hourly rates quoted 1,116 697 893
10th Percentile £12.13 £15.23 £11.92
25th Percentile £14.48 £18.75 £15.04
Median hourly rate £22.08 £42.50 £21.40
Median % change year-on-year -48.06% +98.60% -2.73%
75th Percentile £57.50 £65.00 £46.88
90th Percentile £70.00 £75.30 £60.93
UK excluding London median hourly rate £21.46 £38.00 £18.70
% change year-on-year -43.53% +103.21% +1.08%

ION Trading
Job Vacancy Trend

Job postings citing ION Trading as a proportion of all IT jobs advertised.

Job vacancy trend for ION Trading in the UK

ION Trading
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing ION Trading.

Daily rate trend for ION Trading in the UK

ION Trading
Daily Rate Histogram

Daily rate distribution for jobs citing ION Trading over the 6 months to 4 May 2024.

Daily rate histogram for ION Trading in the UK

ION Trading
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing ION Trading.

Hourly rate trend for ION Trading in the UK

ION Trading
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing ION Trading within the UK over the 6 months to 4 May 2024. 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 +16 63 £800 +14.29% 8
London +7 62 £800 +14.29% 8
Work from Home +106 19 £850 +13.33% 3
Midlands - 1 £500 -
West Midlands - 1 £500 -
UK excluding London - 1 £500 -

ION Trading
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 11 (17.19%) Confluence
2 6 (9.38%) SAS
Applications
1 11 (17.19%) Microsoft Excel
1 11 (17.19%) Microsoft PowerPoint
1 11 (17.19%) MS Visio
Business Applications
1 24 (37.50%) ION MarketView
2 15 (23.44%) ION Anvil
3 4 (6.25%) Endur
4 3 (4.69%) IntelliMatch
5 2 (3.13%) RMDS
6 1 (1.56%) Fidessa
Cloud Services
1 1 (1.56%) Azure
Communications & Networking
1 13 (20.31%) FIX Connectivity
Database & Business Intelligence
1 18 (28.13%) KDB
2 6 (9.38%) Relational Database
3 1 (1.56%) SQL Server
Development Applications
1 16 (25.00%) TeamCity
2 13 (20.31%) JIRA
3 3 (4.69%) Octopus Deploy
4 2 (3.13%) Bitbucket
4 2 (3.13%) Gradle
4 2 (3.13%) IntelliJ
General
1 28 (43.75%) Front Office
2 21 (32.81%) Banking
3 18 (28.13%) Finance
4 14 (21.88%) Investment Banking
5 13 (20.31%) Analytical Skills
6 7 (10.94%) Social Skills
7 4 (6.25%) Inclusion and Diversity
8 1 (1.56%) Back Office
Job Titles
1 28 (43.75%) Developer
2 24 (37.50%) Java Developer
3 16 (25.00%) Business Analyst
4 12 (18.75%) Electronic Trading Business Analyst
4 12 (18.75%) Investment Banking Business Analyst
5 11 (17.19%) Front Office Business Analyst
5 11 (17.19%) Senior
5 11 (17.19%) Senior Developer
6 10 (15.63%) Lead
6 10 (15.63%) Technical Leader
7 9 (14.06%) Senior Java Developer
8 8 (12.50%) Analyst
9 6 (9.38%) Electronic Trading Developer
9 6 (9.38%) Electronic Trading Java Developer
9 6 (9.38%) FIX Business Analyst
10 4 (6.25%) Credit Analyst
10 4 (6.25%) Java Engineer
10 4 (6.25%) Java Software Engineer
10 4 (6.25%) Software Engineer
11 2 (3.13%) Technical Analyst
Libraries, Frameworks & Software Standards
1 26 (40.63%) FIX Protocol
2 14 (21.88%) XML
3 7 (10.94%) Spring
4 3 (4.69%) Kafka
5 2 (3.13%) HTML
5 2 (3.13%) HTML5
5 2 (3.13%) JSON
5 2 (3.13%) React
5 2 (3.13%) REST
6 1 (1.56%) .NET
Miscellaneous
1 40 (62.50%) Fixed Income
2 23 (35.94%) Derivative
3 11 (17.19%) Foreign Exchange (FX)
4 9 (14.06%) Distributed Systems
5 6 (9.38%) Algorithms
5 6 (9.38%) Data Structures
5 6 (9.38%) Enterprise Software
6 5 (7.81%) Data Protection Act
6 5 (7.81%) Self-Motivation
7 3 (4.69%) Equities
8 2 (3.13%) Greenfield Project
8 2 (3.13%) Virtual Team
9 1 (1.56%) EFT
9 1 (1.56%) Legacy Systems
9 1 (1.56%) Renewable Energy
Operating Systems
1 23 (35.94%) Unix
2 17 (26.56%) Linux
Processes & Methodologies
1 35 (54.69%) Electronic Trading
2 23 (35.94%) Agile
3 21 (32.81%) Low Latency
4 20 (31.25%) Multithreading
4 20 (31.25%) Test Automation
5 19 (29.69%) Risk Management
5 19 (29.69%) User Acceptance Testing
6 17 (26.56%) Continuous Integration
7 12 (18.75%) UML
8 11 (17.19%) Data Modelling
8 11 (17.19%) Stakeholder Management
9 10 (15.63%) Computer Science
9 10 (15.63%) Multithreaded Programming
10 9 (14.06%) E-Commerce
10 9 (14.06%) TDD
11 8 (12.50%) Design Patterns
11 8 (12.50%) OO
12 6 (9.38%) CI/CD
12 6 (9.38%) Critical Thinking
12 6 (9.38%) Problem-Solving
Programming Languages
1 42 (65.63%) Java
2 13 (20.31%) C#
3 11 (17.19%) SQL
4 6 (9.38%) Python
5 3 (4.69%) C++
6 2 (3.13%) Perl
6 2 (3.13%) Scala
Qualifications
1 17 (26.56%) Degree
2 4 (6.25%) Computer Science Degree
Quality Assurance & Compliance
1 14 (21.88%) QA
2 8 (12.50%) Dodd-Frank
2 8 (12.50%) EMIR
2 8 (12.50%) MiFID
Vendors
1 16 (25.00%) Bloomberg
1 16 (25.00%) Tradeweb
2 15 (23.44%) MarketAxess
3 3 (4.69%) OpenLink
4 2 (3.13%) Calypso
4 2 (3.13%) Murex
4 2 (3.13%) Solace
5 1 (1.56%) Charles River
5 1 (1.56%) SAP
5 1 (1.56%) Wallstreet Suite