The table below looks at the prevalence of the term Credit Derivative in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Credit Derivative over the 3 months to 22 May 2015 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
22 May 2015
Same period 2014 Same period 2013
Credit Derivatives
Rank 181 185 175
Rank change year-on-year
+4 -10
Contract jobs citing Credit Derivative 11 16 35
As % of all contract IT jobs located in the City of London 0.20% 0.27% 0.54%
As % of the Miscellaneous category 0.57% 0.71% 1.48%
Number of daily rates quoted 8 14 25
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£601 £550 £550
Average daily rate % change year-on-year
+9.31% -
90% offered a daily rate of more than £553 £458 £425
10% offered a daily rate of more than £683 £705 £590
UK excluding London average daily rate £488 £375 -
% change year-on-year
+30.00% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Credit Derivative
London

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the City of London region.

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
1917 2252 2370
As % of all contract IT jobs located in the City of London 35.33% 37.67% 36.86%
Number of daily rates quoted 1497 1736 1782
Average daily rate £475 £475 £475
90% offered a daily rate of more than £281 £290 £300
10% offered a daily rate of more than £625 £650 £625
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 34 21 54
Average hourly rate £21.00 £21.00 £25.00
Average hourly rate % change year-on-year
- -16.00%
90% offered a hourly rate of more than £14.00 £11.30 £15.55
10% offered a hourly rate of more than £54.00 £50.00 £135.00
UK excluding London average hourly rate £19.00 £22.50 £21.83
% change year-on-year
-15.55% +3.06%

Credit Derivative
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Credit Derivative across the City of London region as a proportion of the total demand within the Miscellaneous category.

Credit Derivative Jobs Demand Trend in the City of London

Credit Derivative
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Credit Derivative across the City of London region.

Credit Derivative Daily Rate Trend in the City of London

Credit Derivative
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Credit Derivative across the City of London region over the 3 months to 22 May 2015.

Credit Derivative Daily Rate Histogram in the City of London

Credit Derivative
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Credit Derivative across the City of London region.

Credit Derivative Hourly Rate Trend in the City of London

Credit Derivative
Top 30 Related IT Skills in the City of London

For the 6 months to 22 May 2015, IT contractor jobs across the City of London region citing Credit Derivative also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Credit Derivative.

1 20 (100.00%) Derivative
2 16 (80.00%) Front Office
3 13 (65.00%) SQL
4 11 (55.00%) Finance
5 10 (50.00%) Banking
6 9 (45.00%) Investment Banking
7 8 (40.00%) Java
8 7 (35.00%) OO
8 7 (35.00%) Foreign Exchange (FX)
8 7 (35.00%) Greeks
8 7 (35.00%) Analytics
9 6 (30.00%) XML
9 6 (30.00%) C#
9 6 (30.00%) Agile Software Development
10 5 (25.00%) Fixed Income
10 5 (25.00%) FpML
11 4 (20.00%) SQL Server
11 4 (20.00%) Equities
11 4 (20.00%) Risk Management
11 4 (20.00%) Business Analysis
11 4 (20.00%) Multithreading
12 3 (15.00%) TDD
12 3 (15.00%) C++
12 3 (15.00%) VBA
12 3 (15.00%) .NET
12 3 (15.00%) Windows
13 2 (10.00%) Data Modelling
13 2 (10.00%) PL/SQL
13 2 (10.00%) UNIX
13 2 (10.00%) Data Management

Credit Derivative
Top Related IT Skills in the City of London by Category

For the 6 months to 22 May 2015, IT contractor jobs across the City of London region citing Credit Derivative also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Credit Derivative. Up to 20 skills are shown per category.

Applications
1 1 (5.00%) Spreadsheet
1 1 (5.00%) MS Excel
Business Applications
1 1 (5.00%) RMDS
Database & Business Intelligence
1 4 (20.00%) SQL Server
2 2 (10.00%) Relational Database
2 2 (10.00%) Big Data
3 1 (5.00%) Hadoop
3 1 (5.00%) Impala
3 1 (5.00%) Apache Hive
3 1 (5.00%) SQL Server Integration Services
3 1 (5.00%) SQL Server Reporting Services
3 1 (5.00%) RDBMS
Development Applications
1 1 (5.00%) Git (software)
1 1 (5.00%) Visual Studio
General
1 16 (80.00%) Front Office
2 11 (55.00%) Finance
3 10 (50.00%) Banking
4 9 (45.00%) Investment Banking
Job Titles
1 12 (60.00%) Developer
2 7 (35.00%) Analyst
2 7 (35.00%) Business Analyst
3 4 (20.00%) Senior Developer
3 4 (20.00%) C# Developer
4 3 (15.00%) Java Developer
5 2 (10.00%) Senior C# Developer
5 2 (10.00%) Senior Java Developer
5 2 (10.00%) Risk Analyst
5 2 (10.00%) IT Business Analyst
6 1 (5.00%) Banking Business Analyst
6 1 (5.00%) Scala Developer
6 1 (5.00%) Hadoop Developer
6 1 (5.00%) RAD Developer
6 1 (5.00%) Python Developer
6 1 (5.00%) Excel Developer
6 1 (5.00%) Microsoft Developer
6 1 (5.00%) Technical Business Analyst
6 1 (5.00%) Technical Analyst
6 1 (5.00%) Analyst Developer
Libraries, Frameworks & Software Standards
1 6 (30.00%) XML
2 5 (25.00%) FpML
3 3 (15.00%) .NET
4 2 (10.00%) Reactive Extensions
4 2 (10.00%) WPF
5 1 (5.00%) Akka
5 1 (5.00%) JMS
Miscellaneous
1 20 (100.00%) Derivative
2 7 (35.00%) Foreign Exchange (FX)
3 5 (25.00%) Fixed Income
4 4 (20.00%) Equities
5 2 (10.00%) Interest Rate Derivative
5 2 (10.00%) Equity Derivative
5 2 (10.00%) Credit Risk
6 1 (5.00%) Market Risk
6 1 (5.00%) CUDA
Operating Systems
1 3 (15.00%) Windows
2 2 (10.00%) UNIX
Processes & Methodologies
1 7 (35.00%) OO
1 7 (35.00%) Greeks
1 7 (35.00%) Analytics
2 6 (30.00%) Agile Software Development
3 4 (20.00%) Risk Management
3 4 (20.00%) Business Analysis
3 4 (20.00%) Multithreading
4 3 (15.00%) TDD
5 2 (10.00%) Data Modelling
5 2 (10.00%) Data Management
5 2 (10.00%) BDD
5 2 (10.00%) Data Analysis
6 1 (5.00%) Risk Analysis
6 1 (5.00%) User Acceptance Testing
6 1 (5.00%) Test Automation
6 1 (5.00%) Logical Data Model
6 1 (5.00%) Physical Data Model
6 1 (5.00%) Garbage Collection
6 1 (5.00%) Low Latency
6 1 (5.00%) Data Governance
Programming Languages
1 13 (65.00%) SQL
2 8 (40.00%) Java
3 6 (30.00%) C#
4 3 (15.00%) C++
4 3 (15.00%) VBA
5 2 (10.00%) PL/SQL
6 1 (5.00%) Scala
6 1 (5.00%) Python
6 1 (5.00%) Perl
Quality Assurance & Compliance
1 1 (5.00%) QA
System Software
1 1 (5.00%) Apache Flume
1 1 (5.00%) HDFS
Systems Management
1 1 (5.00%) Oozie
Vendors
1 1 (5.00%) DataSynapse
1 1 (5.00%) DevExpress
1 1 (5.00%) ION Trading
1 1 (5.00%) Sybase
1 1 (5.00%) Oracle
1 1 (5.00%) Microsoft
1 1 (5.00%) TIBCO
1 1 (5.00%) Bloomberg
City, London
TEKsystems
Rate: £550 - £600 per day
Posted: 3 days ago
City of London
Hays IT - Uk Posting account
Rate: £550.00 - £600.00 per day
Posted: 5 days ago
City, London
TEKsystems
Rate: £550 - £650 per day
Posted: 6 days ago