MarketAxess Contracts in London

MarketAxess
England > London

The table below provides summary statistics for contract job vacancies advertised in London 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 12 June 2024, 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
12 Jun 2024
Same period 2023 Same period 2022
Rank 388 466 599
Rank change year-on-year +78 +133 -99
Contract jobs citing MarketAxess 12 16 5
As % of all contract jobs advertised in London 0.068% 0.064% 0.013%
As % of the Vendors category 0.16% 0.16% 0.034%
Number of daily rates quoted 12 13 5
10th Percentile - £778 -
25th Percentile £800 £788 -
Median daily rate (50th Percentile) £850 £888 £800
Median % change year-on-year -4.23% +10.94% +45.45%
75th Percentile - £969 -
90th Percentile £929 £975 -
England median daily rate £850 £888 £800
% change year-on-year -4.23% +10.94% +45.45%

All Vendors
London

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 in London.

Contract vacancies with a requirement for knowledge or experience of vendor products and services 7,278 10,100 14,637
As % of all contract IT jobs advertised in London 41.17% 40.16% 38.02%
Number of daily rates quoted 4,990 7,164 10,487
10th Percentile £312 £325 £356
25th Percentile £425 £450 £463
Median daily rate (50th Percentile) £538 £563 £550
Median % change year-on-year -4.44% +2.27% +4.76%
75th Percentile £650 £688 £675
90th Percentile £775 £798 £775
England median daily rate £519 £530 £525
% change year-on-year -2.03% +0.95% +6.92%
Number of hourly rates quoted 133 127 162
10th Percentile £13.91 £16.09 £16.03
25th Percentile £17.00 £21.12 £23.91
Median hourly rate £23.80 £28.50 £36.00
Median % change year-on-year -16.49% -20.83% +33.33%
75th Percentile £38.75 £53.75 £49.25
90th Percentile £65.00 £69.25 £62.50
England median hourly rate £23.50 £37.00 £21.50
% change year-on-year -36.49% +72.09% +7.50%

MarketAxess
Job Vacancy Trend in London

Job postings citing MarketAxess as a proportion of all IT jobs advertised in London.

Job vacancy trend for MarketAxess in London

MarketAxess
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing MarketAxess in London.

Daily rate trend for MarketAxess in London

MarketAxess
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing MarketAxess within the London region over the 6 months to 12 June 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
Central London +39 1 £800 -13.51%
MarketAxess
England

MarketAxess
Co-occurring Skills and Capabilities in London 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 8 (66.67%) Confluence
Applications
1 8 (66.67%) Microsoft Excel
1 8 (66.67%) Microsoft PowerPoint
1 8 (66.67%) MS Visio
Business Applications
1 5 (41.67%) ION MarketView
Communications & Networking
1 10 (83.33%) FIX Connectivity
Database & Business Intelligence
1 2 (16.67%) KDB
Development Applications
1 8 (66.67%) JIRA
1 8 (66.67%) TeamCity
General
1 10 (83.33%) Front Office
2 9 (75.00%) Analytical Skills
3 1 (8.33%) Banking
3 1 (8.33%) Investment Banking
Job Titles
1 10 (83.33%) Business Analyst
2 9 (75.00%) Electronic Trading Business Analyst
2 9 (75.00%) Investment Banking Business Analyst
3 8 (66.67%) Front Office Business Analyst
4 5 (41.67%) Analyst
5 4 (33.33%) Credit Analyst
5 4 (33.33%) FIX Business Analyst
6 2 (16.67%) Developer
6 2 (16.67%) Java Developer
7 1 (8.33%) Business Manager
7 1 (8.33%) Business Project Manager
7 1 (8.33%) Java Pricing Developer
7 1 (8.33%) Pricing Developer
7 1 (8.33%) Project Analyst
7 1 (8.33%) Project Manager
Libraries, Frameworks & Software Standards
1 10 (83.33%) FIX Protocol
2 9 (75.00%) XML
Miscellaneous
1 9 (75.00%) Derivative
1 9 (75.00%) Fixed Income
2 2 (16.67%) Distributed Systems
2 2 (16.67%) Foreign Exchange (FX)
3 1 (8.33%) Data Protection Act
3 1 (8.33%) EFT
Operating Systems
1 8 (66.67%) Unix
Processes & Methodologies
1 12 (100.00%) Electronic Trading
1 12 (100.00%) Risk Management
2 8 (66.67%) Data Modelling
2 8 (66.67%) UML
3 5 (41.67%) Business Analysis
3 5 (41.67%) Project Management
3 5 (41.67%) Stakeholder Management
4 4 (33.33%) B2C
5 2 (16.67%) Agile
5 2 (16.67%) Analytics
5 2 (16.67%) Continuous Integration
5 2 (16.67%) E-Commerce
5 2 (16.67%) Integration Testing
5 2 (16.67%) Low Latency
5 2 (16.67%) Multithreaded Programming
5 2 (16.67%) Multithreading
5 2 (16.67%) Test Automation
5 2 (16.67%) User Acceptance Testing
6 1 (8.33%) Data Protection
Programming Languages
1 8 (66.67%) SQL
2 2 (16.67%) C++
2 2 (16.67%) Java
2 2 (16.67%) Python
Qualifications
1 8 (66.67%) Degree
Quality Assurance & Compliance
1 8 (66.67%) QA
2 5 (41.67%) Dodd-Frank
2 5 (41.67%) EMIR
2 5 (41.67%) MiFID
Vendors
1 12 (100.00%) ION Trading
1 12 (100.00%) Tradeweb
2 10 (83.33%) Bloomberg