The table below looks at the prevalence of the term 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 Derivative over the 3 months to 27 November 2014 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
27 Nov 2014
Same period 2013 Same period 2012
Derivatives
Rank 53 30 31
Rank change year-on-year
-23 +1
Contract jobs citing Derivative 195 365 331
As % of all contract IT jobs located in the City of London 3.38% 5.23% 5.20%
As % of the Miscellaneous category 9.51% 13.59% 14.25%
Number of daily rates quoted 170 316 293
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£550 £575 £551
Average daily rate % change year-on-year
-4.34% +4.45%
90% offered a daily rate of more than £425 £455 £425
10% offered a daily rate of more than £650 £675 £725
UK excluding London average daily rate £350 £450 £414
% change year-on-year
-22.22% +8.63%
Number of hourly rates quoted 0 1 0
Average hourly rate - £32.00 -
UK excluding London average hourly rate £28.69 - -
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
2051 2685 2323
As % of all contract IT jobs located in the City of London 35.53% 38.49% 36.53%
Number of daily rates quoted 1603 2009 1737
Average daily rate £450 £475 £488
Average daily rate % change year-on-year
-5.26% -2.56%
90% offered a daily rate of more than £275 £300 £275
10% offered a daily rate of more than £650 £628 £650
UK excluding London average daily rate £363 £350 £350
% change year-on-year
+3.57% -
Number of hourly rates quoted 34 46 62
Average hourly rate £15.00 £20.00 £22.50
Average hourly rate % change year-on-year
-25.00% -11.11%
90% offered a hourly rate of more than £11.50 £13.50 £12.50
10% offered a hourly rate of more than £22.55 £41.92 £39.50
UK excluding London average hourly rate £17.25 £19.00 £20.00
% change year-on-year
-9.21% -5.00%

Derivative
Jobs Demand Trend in the City of London

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

Derivative Jobs Demand Trend in the City of London

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 Derivative across the City of London region.

Derivative Daily Rate Trend in the City of London

Derivative
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Derivative across the City of London region over the 3 months to 27 November 2014.

Derivative Daily Rate Histogram in the City of London

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 Derivative across the City of London region.

Derivative Hourly Rate Trend in the City of London

Derivative
Top 30 Related IT Skills in the City of London

For the 6 months to 27 November 2014, IT contractor jobs across the City of London region citing 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 Derivative.

1 158 (47.45%) Banking
2 139 (41.74%) Front Office
3 130 (39.04%) Finance
4 126 (37.84%) Java
5 97 (29.13%) Investment Banking
6 93 (27.93%) SQL
7 88 (26.43%) Fixed Income
8 87 (26.13%) Agile Software Development
9 74 (22.22%) Foreign Exchange (FX)
10 62 (18.62%) C#
11 61 (18.32%) Equities
12 59 (17.72%) Equity Derivative
13 54 (16.22%) Oracle
14 50 (15.02%) UNIX
15 48 (14.41%) Credit Derivative
16 47 (14.11%) XML
17 42 (12.61%) C++
18 35 (10.51%) Risk Management
19 34 (10.21%) Back Office
20 33 (9.91%) Spring
20 33 (9.91%) TDD
20 33 (9.91%) Linux
21 32 (9.61%) .NET
21 32 (9.61%) Multithreading
22 31 (9.31%) SQL Server
23 30 (9.01%) Windows
24 29 (8.71%) OO
24 29 (8.71%) Relational Database
25 27 (8.11%) Asset Management
26 25 (7.51%) Analytical Skills

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

For the 6 months to 27 November 2014, IT contractor jobs across the City of London region citing 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 Derivative. Up to 20 skills are shown per category.

Application Platforms
1 9 (2.70%) WebSphere
2 5 (1.50%) Node.js
3 4 (1.20%) WebSphere Application Server
3 4 (1.20%) Oracle Coherence
4 3 (0.90%) Confluence
5 2 (0.60%) Tomcat
5 2 (0.60%) WebLogic
5 2 (0.60%) Elasticsearch
6 1 (0.30%) SharePoint 2010
6 1 (0.30%) AquaLogic Service Bus
6 1 (0.30%) SharePoint Server
6 1 (0.30%) SharePoint
Applications
1 6 (1.80%) MS Excel
1 6 (1.80%) MS Office
2 5 (1.50%) MS Visio
3 4 (1.20%) MS PowerPoint
4 2 (0.60%) MS Project
5 1 (0.30%) Spreadsheet
Business Applications
1 7 (2.10%) SunGard GMI
1 7 (2.10%) Markit EDM
2 4 (1.20%) Remedy ITSM
3 3 (0.90%) LatentZero
4 2 (0.60%) FLEXCUBE
4 2 (0.60%) RMDS
4 2 (0.60%) Sentinel
4 2 (0.60%) Oracle Applications
4 2 (0.60%) Eagle PACE
5 1 (0.30%) Cognos Business Intelligence
5 1 (0.30%) IntelliMatch
5 1 (0.30%) Summit
5 1 (0.30%) Global One
5 1 (0.30%) Dynamics CRM
5 1 (0.30%) Tesseract
5 1 (0.30%) Minerva
5 1 (0.30%) Endur
Cloud Services
1 1 (0.30%) Microsoft Azure
Communications & Networking
1 1 (0.30%) tcpdump
1 1 (0.30%) NAS
1 1 (0.30%) Wireshark
1 1 (0.30%) Multicast
1 1 (0.30%) Firewall
1 1 (0.30%) DNS
1 1 (0.30%) TCP/IP
1 1 (0.30%) Intranet
1 1 (0.30%) SAN
Database & Business Intelligence
1 31 (9.31%) SQL Server
2 29 (8.71%) Relational Database
3 9 (2.70%) Oracle Database
4 8 (2.40%) SQL Server 2008
5 6 (1.80%) DB2
6 4 (1.20%) Oracle Database 10g
6 4 (1.20%) SQL Server 2005
6 4 (1.20%) Big Data
6 4 (1.20%) Hadoop
6 4 (1.20%) NoSQL
7 3 (0.90%) MongoDB
7 3 (0.90%) Apache Cassandra
7 3 (0.90%) SQL Server Integration Services
7 3 (0.90%) SQL Server Reporting Services
7 3 (0.90%) RDBMS
8 2 (0.60%) Data Mining
8 2 (0.60%) ObjectStore
8 2 (0.60%) OLAP
8 2 (0.60%) Crystal Reports
8 2 (0.60%) Data Mart
Development Applications
1 24 (7.21%) Maven
2 19 (5.71%) JIRA
3 16 (4.80%) TeamCity
4 13 (3.90%) JUnit
5 10 (3.00%) Ant
6 8 (2.40%) Visual Studio
6 8 (2.40%) CruiseControl
7 7 (2.10%) Subversion
8 5 (1.50%) Cucumber
8 5 (1.50%) Team Foundation Server
8 5 (1.50%) QuickTest Pro
9 4 (1.20%) NUnit
10 3 (0.90%) IntelliJ
11 2 (0.60%) Toad
11 2 (0.60%) Eclipse
11 2 (0.60%) Jenkins
11 2 (0.60%) Selenium
11 2 (0.60%) Git (software)
11 2 (0.60%) JBehave
12 1 (0.30%) FitNesse
General
1 158 (47.45%) Banking
2 139 (41.74%) Front Office
3 130 (39.04%) Finance
4 97 (29.13%) Investment Banking
5 34 (10.21%) Back Office
6 10 (3.00%) Financial Institution
7 5 (1.50%) Legal
7 5 (1.50%) Advertising
8 3 (0.90%) Telecoms
9 2 (0.60%) General Ledger
9 2 (0.60%) Marketing
10 1 (0.30%) Publishing
10 1 (0.30%) Games
10 1 (0.30%) Wholesale Banking
Job Titles
1 166 (49.85%) Developer
2 92 (27.63%) Analyst
3 84 (25.23%) Java Developer
4 56 (16.82%) Business Analyst
5 26 (7.81%) Senior Developer
6 22 (6.61%) C# Developer
7 19 (5.71%) C++ Developer
7 19 (5.71%) Senior Java Developer
8 18 (5.41%) Applications Support
9 14 (4.20%) Support Analyst
10 13 (3.90%) Architect
10 13 (3.90%) Test Manager
11 10 (3.00%) Test Analyst
11 10 (3.00%) Python Developer
12 9 (2.70%) Project Manager
13 8 (2.40%) Programmer
13 8 (2.40%) Applications Support Analyst
14 7 (2.10%) Java Programmer
15 6 (1.80%) Front Office Developer
15 6 (1.80%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 47 (14.11%) XML
2 33 (9.91%) Spring
3 32 (9.61%) .NET
4 24 (7.21%) Hibernate
5 21 (6.31%) JMS
6 15 (4.50%) REST
6 15 (4.50%) HTML5
6 15 (4.50%) HTML
7 14 (4.20%) WPF
8 13 (3.90%) FIX Protocol
9 12 (3.60%) JDBC
9 12 (3.60%) FpML
10 10 (3.00%) Web Services
11 9 (2.70%) WCF
11 9 (2.70%) Middleware
12 8 (2.40%) WinForms
12 8 (2.40%) .NET Framework
13 7 (2.10%) RESTful
13 7 (2.10%) SOAP
14 6 (1.80%) STL
Miscellaneous
1 88 (26.43%) Fixed Income
2 74 (22.22%) Foreign Exchange (FX)
3 61 (18.32%) Equities
4 59 (17.72%) Equity Derivative
5 48 (14.41%) Credit Derivative
6 25 (7.51%) Analytical Skills
7 23 (6.91%) Interest Rate Derivative
8 13 (3.90%) Market Risk
9 9 (2.70%) Mathematics
10 8 (2.40%) SWIFT
10 8 (2.40%) Credit Risk
10 8 (2.40%) iSeries
11 7 (2.10%) Data Structures
12 6 (1.80%) Hedge funds
13 5 (1.50%) Computer Science
13 5 (1.50%) Management Information System
13 5 (1.50%) Grid Computing
14 4 (1.20%) Replication
14 4 (1.20%) Inversion of Control
15 3 (0.90%) DTCC
Operating Systems
1 50 (15.02%) UNIX
2 33 (9.91%) Linux
3 30 (9.01%) Windows
4 9 (2.70%) Oracle Linux
5 2 (0.60%) Windows Server 2008
6 1 (0.30%) Red Hat Enterprise Linux
6 1 (0.30%) Solaris
6 1 (0.30%) Windows Server 2003
Processes & Methodologies
1 87 (26.13%) Agile Software Development
2 35 (10.51%) Risk Management
3 33 (9.91%) TDD
4 32 (9.61%) Multithreading
5 29 (8.71%) OO
6 27 (8.11%) Asset Management
7 23 (6.91%) BDD
8 22 (6.61%) Low Latency
8 22 (6.61%) SOA
9 20 (6.01%) Business Analysis
10 18 (5.41%) User Acceptance Testing
11 17 (5.11%) Project Management
11 17 (5.11%) Data Analysis
12 16 (4.80%) Analytics
13 14 (4.20%) Data Modelling
13 14 (4.20%) Scrum
13 14 (4.20%) Performance Tuning
14 12 (3.60%) Integration Testing
14 12 (3.60%) Continuous Integration
15 11 (3.30%) Test Management
Programming Languages
1 126 (37.84%) Java
2 93 (27.93%) SQL
3 62 (18.62%) C#
4 42 (12.61%) C++
5 21 (6.31%) Python
6 15 (4.50%) VBA
7 14 (4.20%) JavaScript
7 14 (4.20%) Shell Script
8 13 (3.90%) Perl
9 10 (3.00%) Scala
10 7 (2.10%) PL/SQL
10 7 (2.10%) T-SQL
11 6 (1.80%) RPG
12 4 (1.20%) Bash Shell
12 4 (1.20%) RPG IV
13 3 (0.90%) Groovy
13 3 (0.90%) VB
14 2 (0.60%) VB6
14 2 (0.60%) XAML
15 1 (0.30%) PowerShell
Qualifications
1 20 (6.01%) Degree
2 8 (2.40%) ISEB
3 5 (1.50%) ISEB Practitioner
4 2 (0.60%) ISTQB
5 1 (0.30%) Security Cleared
5 1 (0.30%) PhD
Quality Assurance & Compliance
1 13 (3.90%) EMIR
2 8 (2.40%) Dodd-Frank
3 6 (1.80%) ISO 9001
3 6 (1.80%) QA
4 1 (0.30%) Basel III
System Software
1 2 (0.60%) HDFS
2 1 (0.30%) Platform Symphony
Systems Management
1 11 (3.30%) HP Quality Center
2 5 (1.50%) Control-M
3 4 (1.20%) BMC PATROL
4 3 (0.90%) Vagrant
5 2 (0.60%) Hadoop YARN
5 2 (0.60%) Opscode Chef
5 2 (0.60%) Puppet
Vendors
1 54 (16.22%) Oracle
2 20 (6.01%) Murex
3 14 (4.20%) Sybase
4 12 (3.60%) TIBCO
5 9 (2.70%) Bloomberg
5 9 (2.70%) Microsoft
6 8 (2.40%) SunGard
6 8 (2.40%) thinkFolio
7 7 (2.10%) HP
7 7 (2.10%) Calypso
8 6 (1.80%) Charles River
8 6 (1.80%) DataSynapse
8 6 (1.80%) Tradeweb
9 5 (1.50%) Remedy
10 4 (1.20%) IBM
10 4 (1.20%) BMC
10 4 (1.20%) Reuters
10 4 (1.20%) MarketAxess
10 4 (1.20%) DevExpress
11 3 (0.90%) Fidessa
City of London
Real Staffing
Rate: £550 - £650 per day
Posted: 21 hours ago
City, London
Salt
Rate: £500 - £501 per day
Posted: 23 hours ago
City of London
Noir Consulting
Rate: £500 per day
Posted: 2 days ago
City of London
Huxley Banking & Financial Services
Rate: £550 per day + competitive
Posted: 2 days ago
City of London
iKonnect
Rate: £500 - £600 per day
Posted: 5 days ago
City, London
McGregor Boyall
Rate: £550 - £600 per day + depending on experience
Posted: 5 days ago
City of London
Real Staffing
Rate: £450 - £550 per day + competitive
Posted: 6 days ago
City, London
TEKsystems
Rate: £500 - £600 per day
Posted: 6 days ago
City, London
McGregor Boyall
Rate: £500 - £600 per day + depending on experience
Posted: 6 days ago
City of London
Deerfoot IT
Rate: £550 - £650 per day
Posted: 6 days ago
City of London
Quantica Technology - London
Rate: £570 per day
Posted: 8 days ago
City of London
Claremont Consulting Limited
Rate: £200 - £220 per day
Posted: 8 days ago
City of London
Real Staffing
Rate: £600 - £700 per day
Posted: 8 days ago
City of London
Huxley Banking & Financial Services
Rate: competitive
Posted: 9 days ago
City of London
Hays IT - Uk Posting account
Rate: £550.00 - £607.00 per day
Posted: 15 days ago
City of London
Orgtel
Rate: £800 - £950 per day
Posted: 16 days ago
City of London
Huxley Banking & Financial Services
Rate: £500 - £550 per day + competitive
Posted: 17 days ago
City of London
Interquest - ITQ Financial - London
Rate: £600 per annum
Posted: 19 days ago
City of London
Hays IT - Uk Posting account
Rate: £550.00 - £607.00 per day
Posted: 23 days ago
City of London
Huxley Banking & Financial Services
Rate: £500 - £585 per day + competitive
Posted: 26 days ago