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 3 March 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
3 Mar 2015
Same period 2014 Same period 2013
Derivatives
Rank 52 35 38
Rank change year-on-year
-17 +3
Contract jobs citing Derivative 190 282 268
As % of all contract IT jobs located in the City of London 3.71% 4.81% 4.62%
As % of the Miscellaneous category 9.71% 12.57% 12.28%
Number of daily rates quoted 169 240 240
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£550 £575 £550
Average daily rate % change year-on-year
-4.34% +4.54%
90% offered a daily rate of more than £475 £450 £425
10% offered a daily rate of more than £688 £675 £650
UK excluding London average daily rate £475 £413 £363
% change year-on-year
+15.15% +13.79%
Number of hourly rates quoted 0 4 0
Average hourly rate - £22.50 -
UK excluding London average hourly rate - - £37.50
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
1956 2243 2183
As % of all contract IT jobs located in the City of London 38.20% 38.22% 37.66%
Number of daily rates quoted 1510 1612 1681
Average daily rate £470 £500 £475
Average daily rate % change year-on-year
-6.00% +5.26%
90% offered a daily rate of more than £300 £275 £300
10% offered a daily rate of more than £625 £650 £625
UK excluding London average daily rate £375 £350 £335
% change year-on-year
+7.14% +4.47%
Number of hourly rates quoted 29 44 49
Average hourly rate £17.87 £22.50 £21.13
Average hourly rate % change year-on-year
-20.60% +6.50%
90% offered a hourly rate of more than £13.25 £16.00 £13.80
10% offered a hourly rate of more than £23.50 £42.50 £135.00
UK excluding London average hourly rate £18.50 £18.00 £20.00
% change year-on-year
+2.77% -10.00%

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 3 March 2015.

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 3 March 2015, 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.

1 171 (44.30%) Banking
2 162 (41.97%) Java
3 150 (38.86%) Front Office
4 132 (34.20%) SQL
5 120 (31.09%) Agile Software Development
6 116 (30.05%) Finance
7 98 (25.39%) Investment Banking
8 90 (23.32%) C#
9 87 (22.54%) Foreign Exchange (FX)
10 79 (20.47%) Equity Derivative
11 75 (19.43%) UNIX
12 71 (18.39%) Equities
13 67 (17.36%) Fixed Income
14 55 (14.25%) OO
14 55 (14.25%) .NET
15 54 (13.99%) C++
16 45 (11.66%) Analytical Skills
17 43 (11.14%) TDD
17 43 (11.14%) Oracle
18 40 (10.36%) Linux
19 39 (10.10%) Back Office
20 35 (9.07%) SQL Server
21 34 (8.81%) Risk Management
22 32 (8.29%) Windows
22 32 (8.29%) Data Modelling
22 32 (8.29%) Relational Database
23 30 (7.77%) VBA
23 30 (7.77%) Credit Derivative
24 28 (7.25%) Asset Management
25 27 (6.99%) XML

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

For the 6 months to 3 March 2015, 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 7 (1.81%) Node.js
2 6 (1.55%) WebSphere
3 3 (0.78%) Confluence
4 2 (0.52%) WebLogic
4 2 (0.52%) Tomcat
4 2 (0.52%) SharePoint
5 1 (0.26%) SharePoint Server
5 1 (0.26%) AquaLogic Service Bus
5 1 (0.26%) SharePoint 2010
5 1 (0.26%) Lync
5 1 (0.26%) SharePoint 2013
Applications
1 12 (3.11%) MS Excel
2 7 (1.81%) MS Visio
3 6 (1.55%) MS Office
3 6 (1.55%) Spreadsheet
4 4 (1.04%) MS PowerPoint
5 2 (0.52%) MS Project
Business Applications
1 8 (2.07%) Sentinel
2 7 (1.81%) SunGard GMI
2 7 (1.81%) thinkFolio
2 7 (1.81%) Markit EDM
3 4 (1.04%) LatentZero
4 3 (0.78%) Tesseract
4 3 (0.78%) Minerva
4 3 (0.78%) Remedy ITSM
4 3 (0.78%) Summit
5 2 (0.52%) Oracle Applications
5 2 (0.52%) FLEXCUBE
5 2 (0.52%) RMDS
5 2 (0.52%) IntelliMatch
5 2 (0.52%) SunGard Stream Clearvision
6 1 (0.26%) Dynamics CRM
6 1 (0.26%) Global One
6 1 (0.26%) Endur
6 1 (0.26%) Temenos T24
6 1 (0.26%) Eagle PACE
6 1 (0.26%) SunGard Stream Ubix
Cloud Services
1 1 (0.26%) Microsoft Azure
Communications & Networking
1 2 (0.52%) TCP/IP
2 1 (0.26%) SAN
2 1 (0.26%) Intranet
2 1 (0.26%) Firewall
2 1 (0.26%) NAS
2 1 (0.26%) Unified Communications
Database & Business Intelligence
1 35 (9.07%) SQL Server
2 32 (8.29%) Relational Database
3 16 (4.15%) RDBMS
4 7 (1.81%) DB2
4 7 (1.81%) SQL Server Integration Services
4 7 (1.81%) SQL Server 2008
5 4 (1.04%) Big Data
5 4 (1.04%) Oracle Database
6 3 (0.78%) MS Access
6 3 (0.78%) Data Warehouse
6 3 (0.78%) Data Mining
6 3 (0.78%) SQL Server Reporting Services
7 2 (0.52%) Data Mart
7 2 (0.52%) SQL Server 2005
7 2 (0.52%) Crystal Reports
7 2 (0.52%) Hadoop
8 1 (0.26%) NoSQL
8 1 (0.26%) QlikView
8 1 (0.26%) KDB
8 1 (0.26%) Oracle Reports
Development Applications
1 27 (6.99%) TeamCity
2 23 (5.96%) Maven
3 21 (5.44%) JUnit
4 19 (4.92%) Ant
5 17 (4.40%) CruiseControl
5 17 (4.40%) JIRA
6 9 (2.33%) Subversion
6 9 (2.33%) Eclipse
7 8 (2.07%) Visual Studio
8 5 (1.30%) Team Foundation Server
9 4 (1.04%) Cucumber
9 4 (1.04%) NUnit
10 2 (0.52%) ClearCase
10 2 (0.52%) Rational Rose
10 2 (0.52%) IntelliJ
10 2 (0.52%) Toad
10 2 (0.52%) QuickTest Pro
10 2 (0.52%) RequisitePro
10 2 (0.52%) ProC
10 2 (0.52%) JBehave
General
1 171 (44.30%) Banking
2 150 (38.86%) Front Office
3 116 (30.05%) Finance
4 98 (25.39%) Investment Banking
5 39 (10.10%) Back Office
6 16 (4.15%) Telecoms
7 8 (2.07%) Legal
8 4 (1.04%) Financial Institution
9 2 (0.52%) Corporate Banking
9 2 (0.52%) Marketing
9 2 (0.52%) General Ledger
10 1 (0.26%) Retail Banking
10 1 (0.26%) Retail
10 1 (0.26%) Advertising
10 1 (0.26%) French Language
Job Titles
1 195 (50.52%) Developer
2 113 (29.27%) Analyst
3 90 (23.32%) Java Developer
4 59 (15.28%) Business Analyst
5 46 (11.92%) C# Developer
6 33 (8.55%) Senior Developer
7 22 (5.70%) C++ Developer
8 21 (5.44%) Applications Support
9 19 (4.92%) Support Analyst
10 16 (4.15%) Senior Java Developer
11 15 (3.89%) Analyst Programmer
11 15 (3.89%) Programmer
11 15 (3.89%) Java Programmer
11 15 (3.89%) Java Analyst Programmer
12 14 (3.63%) C# .NET Developer
13 12 (3.11%) Applications Support Analyst
13 12 (3.11%) .NET Developer
13 12 (3.11%) Test Manager
14 11 (2.85%) C++/C# Developer
14 11 (2.85%) Python Developer
Libraries, Frameworks & Software Standards
1 55 (14.25%) .NET
2 27 (6.99%) XML
3 26 (6.74%) WPF
4 24 (6.22%) Spring
5 20 (5.18%) WCF
5 20 (5.18%) JMS
6 17 (4.40%) JDBC
7 15 (3.89%) HTML
7 15 (3.89%) Swing
7 15 (3.89%) REST
8 13 (3.37%) HTML5
9 12 (3.11%) FIX Protocol
9 12 (3.11%) WinForms
10 10 (2.59%) Hibernate
10 10 (2.59%) .NET Framework
10 10 (2.59%) RESTful
11 9 (2.33%) Middleware
11 9 (2.33%) FpML
11 9 (2.33%) Web Services
12 7 (1.81%) SOAP
Miscellaneous
1 87 (22.54%) Foreign Exchange (FX)
2 79 (20.47%) Equity Derivative
3 71 (18.39%) Equities
4 67 (17.36%) Fixed Income
5 45 (11.66%) Analytical Skills
6 30 (7.77%) Credit Derivative
7 23 (5.96%) Mathematics
8 19 (4.92%) Computer Science
9 16 (4.15%) Interest Rate Derivative
10 9 (2.33%) Market Risk
10 9 (2.33%) Management Information System
11 6 (1.55%) Credit Risk
11 6 (1.55%) iSeries
12 5 (1.30%) Inversion of Control
12 5 (1.30%) SWIFT
13 4 (1.04%) iPad
13 4 (1.04%) Hedge funds
13 4 (1.04%) Data Integration
13 4 (1.04%) Replication
14 3 (0.78%) Reference Data
Operating Systems
1 75 (19.43%) UNIX
2 40 (10.36%) Linux
3 32 (8.29%) Windows
4 3 (0.78%) Solaris
5 1 (0.26%) Windows Server 2008
5 1 (0.26%) Red Hat Enterprise Linux
5 1 (0.26%) Oracle Linux
Processes & Methodologies
1 120 (31.09%) Agile Software Development
2 55 (14.25%) OO
3 43 (11.14%) TDD
4 34 (8.81%) Risk Management
5 32 (8.29%) Data Modelling
6 28 (7.25%) Asset Management
7 27 (6.99%) Multithreading
8 24 (6.22%) Business Analysis
9 22 (5.70%) SOA
9 22 (5.70%) OOP
9 22 (5.70%) BDD
10 20 (5.18%) Low Latency
11 16 (4.15%) RAD
11 16 (4.15%) Workflow
12 15 (3.89%) Analytics
13 14 (3.63%) Electronic Trading
14 13 (3.37%) Scrum
14 13 (3.37%) Project Management
14 13 (3.37%) Greeks
15 12 (3.11%) Change Management
Programming Languages
1 162 (41.97%) Java
2 132 (34.20%) SQL
3 90 (23.32%) C#
4 54 (13.99%) C++
5 30 (7.77%) VBA
6 22 (5.70%) Python
7 16 (4.15%) JavaScript
8 11 (2.85%) Perl
9 10 (2.59%) Scala
10 9 (2.33%) Shell Script
11 7 (1.81%) T-SQL
12 5 (1.30%) VBScript
13 4 (1.04%) VB
13 4 (1.04%) XAML
13 4 (1.04%) RPG IV
13 4 (1.04%) RPG
14 3 (0.78%) Groovy
14 3 (0.78%) PL/SQL
15 2 (0.52%) VB6
16 1 (0.26%) C++/CLI
Qualifications
1 18 (4.66%) Degree
2 5 (1.30%) ISEB Practitioner
2 5 (1.30%) ISEB
3 4 (1.04%) VCP4
4 2 (0.52%) ISTQB Foundation Certification
4 2 (0.52%) ISTQB
4 2 (0.52%) PMI Certification
5 1 (0.26%) PhD
5 1 (0.26%) PRINCE2 Certification
Quality Assurance & Compliance
1 8 (2.07%) ISO 9001
2 6 (1.55%) EMIR
3 4 (1.04%) Dodd-Frank
4 3 (0.78%) QA
5 1 (0.26%) Data Quality
5 1 (0.26%) SLA
5 1 (0.26%) MiFID
System Software
1 1 (0.26%) Platform Symphony
Systems Management
1 11 (2.85%) HP Quality Center
2 8 (2.07%) Control-M
3 4 (1.04%) Vagrant
4 3 (0.78%) BMC PATROL
5 1 (0.26%) Opscode Chef
Vendors
1 43 (11.14%) Oracle
2 22 (5.70%) Sybase
3 18 (4.66%) Murex
4 13 (3.37%) Bloomberg
5 11 (2.85%) TIBCO
5 11 (2.85%) Microsoft
6 10 (2.59%) DevExpress
7 8 (2.07%) SunGard
8 6 (1.55%) HP
8 6 (1.55%) Calypso
8 6 (1.55%) Tradeweb
9 4 (1.04%) MarketAxess
9 4 (1.04%) ION Trading
9 4 (1.04%) Apple
9 4 (1.04%) Fidessa
9 4 (1.04%) Business Objects
9 4 (1.04%) IBM
10 3 (0.78%) BMC
10 3 (0.78%) Remedy
10 3 (0.78%) DataSynapse
City, London
Harrington Starr
Rate: £600 - £800 per day
Posted: 4 hours ago
City, London
TEKsystems
Rate: £550 - £650 per day
Posted: 6 hours ago
City, London
TEKsystems
Rate: £500 - £600 per day
Posted: 12 hours ago
City, London
TEKsystems
Rate: £500 - £600 per day
Posted: 17 hours ago
City, London
TEKsystems
Rate: £590 - £640 per annum
Posted: Yesterday
City, London
TEKsystems
Rate: £580 - £620 per day
Posted: Yesterday
City of London
Hays IT - Uk Posting account
Rate: £500.00 - £600.00 per day
Posted: Yesterday
City, London
Twenty Recruitment Group
Rate: From £85,000 to £110,000 per annum
Posted: Yesterday
City, London
TEKsystems
Rate: £600 - £650 per day
Posted: 4 days ago
City, London
TEKsystems
Rate: £550 - £600 per day
Posted: 4 days ago
City, London
McGregor Boyall
Rate: £600 - £750 per day
Posted: 4 days ago
City, London
McGregor Boyall
Rate: £500 - £750 per day
Posted: 6 days ago
City, London
McGregor Boyall
Rate: £500 - £550 per day
Posted: 6 days ago
City, London
McGregor Boyall
Rate: £400 - £500 per day
Posted: 6 days ago
City of London
Harrington Starr
Rate: £700 per day
Posted: 7 days ago
City of London
Hays IT - Uk Posting account
Rate: £600.00 - £750.00 per day
Posted: 7 days ago
City of London
iKonnect
Rate: £425 - £475 per day
Posted: 19 days ago
City of London
Orgtel
Rate: £650 - £700 per day
Posted: 22 days ago