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 30 October 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
30 Oct 2014
Same period 2013 Same period 2012
Derivatives
Rank 71 34 29
Rank change year-on-year
-37 -5
Contract jobs citing Derivative 160 367 374
As % of all contract IT jobs located in the City of London 2.65% 5.16% 5.36%
As % of the Miscellaneous category 7.67% 13.59% 14.19%
Number of daily rates quoted 132 316 325
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£575 £575 £575
90% offered a daily rate of more than £428 £450 £455
10% offered a daily rate of more than £650 £650 £695
UK excluding London average daily rate £350 £450 £400
% change year-on-year
-22.22% +12.50%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
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
2086 2701 2635
As % of all contract IT jobs located in the City of London 34.59% 37.96% 37.78%
Number of daily rates quoted 1571 2047 1963
Average daily rate £470 £475 £498
Average daily rate % change year-on-year
-1.05% -4.52%
90% offered a daily rate of more than £284 £300 £275
10% offered a daily rate of more than £650 £625 £644
UK excluding London average daily rate £355 £350 £350
% change year-on-year
+1.42% -
Number of hourly rates quoted 34 47 65
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 £10.50 £14.69 £12.50
10% offered a hourly rate of more than £22.00 £41.53 £39.80
UK excluding London average hourly rate £17.00 £18.00 £21.00
% change year-on-year
-5.55% -14.28%

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 30 October 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 30 October 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.

1 149 (47.00%) Front Office
2 139 (43.85%) Banking
3 130 (41.01%) Finance
4 106 (33.44%) Java
5 93 (29.34%) Investment Banking
6 92 (29.02%) Fixed Income
7 87 (27.44%) SQL
8 80 (25.24%) Foreign Exchange (FX)
9 76 (23.97%) Agile Software Development
10 58 (18.30%) C#
11 51 (16.09%) Equities
12 49 (15.46%) Oracle
13 47 (14.83%) UNIX
14 43 (13.56%) XML
14 43 (13.56%) Credit Derivative
14 43 (13.56%) Equity Derivative
15 36 (11.36%) Spring
15 36 (11.36%) C++
15 36 (11.36%) Multithreading
16 35 (11.04%) Back Office
17 33 (10.41%) SQL Server
18 32 (10.09%) Linux
19 31 (9.78%) Risk Management
20 30 (9.46%) .NET
21 29 (9.15%) Windows
22 28 (8.83%) TDD
23 27 (8.52%) Relational Database
24 26 (8.20%) OO
25 24 (7.57%) Asset Management
26 22 (6.94%) Business Analysis

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

For the 6 months to 30 October 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 (2.84%) WebSphere
2 6 (1.89%) WebSphere Application Server
2 6 (1.89%) Oracle Coherence
3 4 (1.26%) Confluence
4 2 (0.63%) WebLogic
4 2 (0.63%) Elasticsearch
5 1 (0.32%) SharePoint 2010
5 1 (0.32%) AquaLogic Service Bus
5 1 (0.32%) Node.js
5 1 (0.32%) Oracle Workflow
5 1 (0.32%) SharePoint Server
5 1 (0.32%) SharePoint
Applications
1 4 (1.26%) MS Office
1 4 (1.26%) MS Excel
2 3 (0.95%) MS PowerPoint
2 3 (0.95%) MS Visio
3 2 (0.63%) MS Project
3 2 (0.63%) Spreadsheet
Business Applications
1 8 (2.52%) Markit EDM
1 8 (2.52%) SunGard GMI
2 4 (1.26%) Remedy ITSM
3 1 (0.32%) Cognos Business Intelligence
3 1 (0.32%) Oracle BPM
3 1 (0.32%) Eagle PACE
3 1 (0.32%) Summit
3 1 (0.32%) Global One
3 1 (0.32%) LatentZero
3 1 (0.32%) Tesseract
3 1 (0.32%) Minerva
3 1 (0.32%) Sentinel
3 1 (0.32%) RMDS
3 1 (0.32%) Dynamics CRM
3 1 (0.32%) Endur
Cloud Services
1 1 (0.32%) Microsoft Azure
Communications & Networking
1 1 (0.32%) Wireshark
1 1 (0.32%) tcpdump
1 1 (0.32%) NAS
1 1 (0.32%) Multicast
1 1 (0.32%) Firewall
1 1 (0.32%) TCP/IP
1 1 (0.32%) DNS
1 1 (0.32%) SAN
1 1 (0.32%) Intranet
Database & Business Intelligence
1 33 (10.41%) SQL Server
2 27 (8.52%) Relational Database
3 9 (2.84%) Oracle Database
4 6 (1.89%) Oracle Database 10g
4 6 (1.89%) SQL Server Reporting Services
4 6 (1.89%) SQL Server 2008
5 5 (1.58%) SQL Server Integration Services
6 3 (0.95%) Hadoop
6 3 (0.95%) MongoDB
6 3 (0.95%) Apache Cassandra
6 3 (0.95%) NoSQL
6 3 (0.95%) Big Data
6 3 (0.95%) DTS
6 3 (0.95%) RDBMS
6 3 (0.95%) DB2
7 2 (0.63%) OLAP
7 2 (0.63%) ObjectStore
7 2 (0.63%) Data Mart
7 2 (0.63%) SQL Server 2005
7 2 (0.63%) PostgreSQL
Development Applications
1 15 (4.73%) JIRA
2 13 (4.10%) JUnit
3 12 (3.79%) TeamCity
4 10 (3.15%) Maven
5 8 (2.52%) Ant
6 7 (2.21%) Team Foundation Server
6 7 (2.21%) Visual Studio
7 6 (1.89%) CruiseControl
8 5 (1.58%) Subversion
8 5 (1.58%) QuickTest Pro
9 4 (1.26%) NUnit
10 3 (0.95%) Eclipse
10 3 (0.95%) IntelliJ
11 2 (0.63%) Cucumber
11 2 (0.63%) Gradle
11 2 (0.63%) Jenkins
11 2 (0.63%) Git (software)
11 2 (0.63%) JBehave
11 2 (0.63%) Selenium
12 1 (0.32%) FitNesse
General
1 149 (47.00%) Front Office
2 139 (43.85%) Banking
3 130 (41.01%) Finance
4 93 (29.34%) Investment Banking
5 35 (11.04%) Back Office
6 13 (4.10%) Financial Institution
7 6 (1.89%) Advertising
8 3 (0.95%) Legal
9 2 (0.63%) Marketing
9 2 (0.63%) Telecoms
10 1 (0.32%) French Language
10 1 (0.32%) German Language
10 1 (0.32%) Italian Language
10 1 (0.32%) Publishing
10 1 (0.32%) Games
10 1 (0.32%) Retail
10 1 (0.32%) Wholesale Banking
Job Titles
1 147 (46.37%) Developer
2 99 (31.23%) Analyst
3 72 (22.71%) Java Developer
4 63 (19.87%) Business Analyst
5 22 (6.94%) C# Developer
6 18 (5.68%) C++ Developer
7 17 (5.36%) Senior Developer
8 15 (4.73%) Support Analyst
9 13 (4.10%) Project Manager
9 13 (4.10%) Test Analyst
9 13 (4.10%) Senior Java Developer
10 12 (3.79%) Python Developer
11 11 (3.47%) Programmer
11 11 (3.47%) Applications Support
12 10 (3.15%) Equity Derivatives Business Analyst
13 9 (2.84%) Java Programmer
14 6 (1.89%) Architect
14 6 (1.89%) Test Manager
14 6 (1.89%) Front Office Developer
14 6 (1.89%) Scala Developer
Libraries, Frameworks & Software Standards
1 43 (13.56%) XML
2 36 (11.36%) Spring
3 30 (9.46%) .NET
4 22 (6.94%) Hibernate
5 16 (5.05%) FIX Protocol
6 12 (3.79%) JDBC
6 12 (3.79%) WPF
7 11 (3.47%) HTML
7 11 (3.47%) JMS
8 10 (3.15%) FpML
8 10 (3.15%) HTML5
8 10 (3.15%) WCF
9 9 (2.84%) WinForms
9 9 (2.84%) Web Services
9 9 (2.84%) Middleware
10 7 (2.21%) LINQ
11 6 (1.89%) XSLT
11 6 (1.89%) RESTful
11 6 (1.89%) Boost C++ Libraries
11 6 (1.89%) .NET Framework
Miscellaneous
1 92 (29.02%) Fixed Income
2 80 (25.24%) Foreign Exchange (FX)
3 51 (16.09%) Equities
4 43 (13.56%) Credit Derivative
4 43 (13.56%) Equity Derivative
5 21 (6.62%) Analytical Skills
6 18 (5.68%) Interest Rate Derivative
7 13 (4.10%) Market Risk
8 12 (3.79%) Credit Risk
9 9 (2.84%) iSeries
9 9 (2.84%) Grid Computing
10 7 (2.21%) Mathematics
11 6 (1.89%) DTCC
11 6 (1.89%) Data Structures
11 6 (1.89%) SWIFT
11 6 (1.89%) Hedge funds
12 5 (1.58%) Computer Science
13 4 (1.26%) Replication
13 4 (1.26%) Management Information System
14 3 (0.95%) iPad
Operating Systems
1 47 (14.83%) UNIX
2 32 (10.09%) Linux
3 29 (9.15%) Windows
4 8 (2.52%) Oracle Linux
5 4 (1.26%) Windows Server 2008
6 3 (0.95%) Windows Server 2003
7 2 (0.63%) Windows XP
7 2 (0.63%) Red Hat Enterprise Linux
7 2 (0.63%) Windows 7
7 2 (0.63%) Windows Vista
Processes & Methodologies
1 76 (23.97%) Agile Software Development
2 36 (11.36%) Multithreading
3 31 (9.78%) Risk Management
4 28 (8.83%) TDD
5 26 (8.20%) OO
6 24 (7.57%) Asset Management
7 22 (6.94%) Business Analysis
8 20 (6.31%) Low Latency
9 19 (5.99%) Project Management
9 19 (5.99%) Data Analysis
10 18 (5.68%) User Acceptance Testing
11 14 (4.42%) Performance Tuning
11 14 (4.42%) Analytics
12 12 (3.79%) Workflow
12 12 (3.79%) Continuous Integration
12 12 (3.79%) Investment Management
13 10 (3.15%) Migration
13 10 (3.15%) Scrum
14 9 (2.84%) BDD
14 9 (2.84%) OOD
Programming Languages
1 106 (33.44%) Java
2 87 (27.44%) SQL
3 58 (18.30%) C#
4 36 (11.36%) C++
5 22 (6.94%) Python
6 15 (4.73%) Shell Script
7 13 (4.10%) VBA
8 12 (3.79%) Scala
9 10 (3.15%) JavaScript
10 9 (2.84%) Perl
10 9 (2.84%) PL/SQL
10 9 (2.84%) T-SQL
11 7 (2.21%) RPG
12 6 (1.89%) Bash Shell
13 4 (1.26%) RPG IV
14 3 (0.95%) Groovy
15 2 (0.63%) XAML
15 2 (0.63%) XPath
16 1 (0.32%) PowerShell
16 1 (0.32%) R
Qualifications
1 19 (5.99%) Degree
2 3 (0.95%) MCSE
2 3 (0.95%) ISEB
2 3 (0.95%) Microsoft Certification
3 2 (0.63%) ISTQB
4 1 (0.32%) Security Cleared
4 1 (0.32%) MCSD
4 1 (0.32%) PRINCE2 Certification
Quality Assurance & Compliance
1 19 (5.99%) EMIR
2 14 (4.42%) Dodd-Frank
3 8 (2.52%) ISO 9001
3 8 (2.52%) QA
4 1 (0.32%) Basel III
4 1 (0.32%) Data Quality
4 1 (0.32%) Basel II
System Software
1 2 (0.63%) Active Directory
1 2 (0.63%) HDFS
1 2 (0.63%) VMware Infrastructure
2 1 (0.32%) Platform Symphony
Systems Management
1 5 (1.58%) Control-M
2 4 (1.26%) BMC PATROL
2 4 (1.26%) HP Quality Center
3 2 (0.63%) Hadoop YARN
3 2 (0.63%) Puppet
3 2 (0.63%) Opscode Chef
4 1 (0.32%) ServiceCenter
4 1 (0.32%) Nagios
Vendors
1 49 (15.46%) Oracle
2 15 (4.73%) Murex
2 15 (4.73%) Sybase
3 13 (4.10%) Microsoft
4 9 (2.84%) TIBCO
5 8 (2.52%) SunGard
6 7 (2.21%) DataSynapse
6 7 (2.21%) Remedy
6 7 (2.21%) Charles River
7 6 (1.89%) Bloomberg
7 6 (1.89%) HP
7 6 (1.89%) thinkFolio
8 5 (1.58%) DevExpress
8 5 (1.58%) IBM
9 4 (1.26%) Calypso
9 4 (1.26%) BMC
9 4 (1.26%) Reuters
9 4 (1.26%) Apple
10 3 (0.95%) Tradeweb
10 3 (0.95%) Citrix
City, London
Red10
Rate: £300 - £400 per day
Posted: 15 hours ago
City, London
Deerfoot IT Resources Ltd
Rate: £550 - £650 per day
Posted: 16 hours ago
City, London
TEKsystems
Rate: £750 - £950 per day
Posted: 18 hours ago
City, London
ComputAppoint
Rate: £400 - £470 per day
Posted: Yesterday
City, London
Hatstand Limited
Rate: £400 - £700 per day
Posted: Yesterday
City, London
Networking People
Posted: 2 days ago
City, London
TEKsystems
Rate: £600 - £650 per day
Posted: 2 days ago
City, London
TEKsystems
Rate: £550 - £650 per day
Posted: 3 days ago
City, London
TEKsystems
Rate: £600 - £625 per day
Posted: 6 days ago
City of London
Real Staffing
Rate: £750 - £900 per day
Posted: 8 days ago
City of London
Huxley Associates
Rate: £500 - £585 per day + competitive
Posted: 9 days ago
City of London
Huxley Associates
Rate: £620 - £720 per day + competitive
Posted: 13 days ago
City of London
Real Staffing
Rate: £400 - £500 per day + competitive
Posted: 14 days ago
City of London
Huxley Associates
Rate: £600 - £700 per day
Posted: 14 days ago
City of London
Deerfoot IT
Rate: £550 - £650 per day
Posted: 15 days ago
City of London
Hays IT - Uk Posting account
Rate: £550.00 - £607.00 per day
Posted: 15 days ago
City of London
Hays IT - Uk Posting account
Rate: £600.00 - £680.00 per day
Posted: 21 days ago
City of London
Deerfoot IT
Rate: £350 - £400 per day
Posted: 21 days ago
City of London
Hays IT - Uk Posting account
Rate: £650.00 - £700.00 per day
Posted: 22 days ago
City of London
Orgtel
Rate: £500 - £600 per day
Posted: 22 days ago