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 4 September 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
4 Sep 2015
Same period 2014 Same period 2013
Derivatives
Rank 72 80 29
Rank change year-on-year
+8 -51
Contract jobs citing Derivative 134 131 406
As % of all contract IT jobs located in the City of London 2.55% 2.26% 5.68%
As % of the Miscellaneous category 6.73% 6.25% 14.65%
Number of daily rates quoted 116 110 330
Average daily rate
Keep up to 90%
of your Daily Rate
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£594 £600 £550
Average daily rate % change year-on-year
-1.04% +9.09%
90% offered a daily rate of more than £450 £450 £425
10% offered a daily rate of more than £700 £650 £650
UK excluding London average daily rate £500 £375 £450
% change year-on-year
+33.33% -16.66%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £90.00
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
1992 2095 2772
As % of all contract IT jobs located in the City of London 37.87% 36.07% 38.80%
Number of daily rates quoted 1585 1483 2029
Average daily rate £475 £475 £485
Average daily rate % change year-on-year
- -2.06%
90% offered a daily rate of more than £294 £300 £300
10% offered a daily rate of more than £650 £650 £625
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 35 46 62
Average hourly rate £17.99 £18.75 £20.00
Average hourly rate % change year-on-year
-4.05% -6.25%
90% offered a hourly rate of more than £12.67 £12.50 £14.50
10% offered a hourly rate of more than £24.23 £36.50 £48.00
UK excluding London average hourly rate £21.50 £20.00 £17.50
% change year-on-year
+7.50% +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 4 September 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 4 September 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.

1 154 (54.61%) Banking
2 134 (47.52%) Finance
3 129 (45.74%) Front Office
4 99 (35.11%) C#
5 97 (34.40%) Investment Banking
6 94 (33.33%) SQL
7 79 (28.01%) Equities
8 75 (26.60%) Agile Software Development
9 71 (25.18%) Java
10 70 (24.82%) Fixed Income
11 61 (21.63%) .NET
11 61 (21.63%) Equity Derivative
12 56 (19.86%) Foreign Exchange (FX)
13 53 (18.79%) Multithreading
14 49 (17.38%) UNIX
15 46 (16.31%) Risk Management
16 43 (15.25%) SQL Server
17 40 (14.18%) Business Analysis
18 36 (12.77%) TDD
19 33 (11.70%) OO
20 29 (10.28%) Credit Derivative
20 29 (10.28%) Oracle
21 27 (9.57%) SDLC
22 26 (9.22%) C++
23 25 (8.87%) FIX Protocol
24 24 (8.51%) WPF
24 24 (8.51%) Analytical Skills
25 23 (8.16%) Greeks
26 22 (7.80%) Linux
26 22 (7.80%) Stakeholder Management

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

For the 6 months to 4 September 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 10 (3.55%) Oracle Coherence
2 2 (0.71%) Jetty
2 2 (0.71%) WebSphere
2 2 (0.71%) NServiceBus
3 1 (0.35%) SharePoint 2013
3 1 (0.35%) Apache Spark
3 1 (0.35%) SharePoint
3 1 (0.35%) Confluence
Applications
1 10 (3.55%) MS Excel
2 3 (1.06%) Acrobat
2 3 (1.06%) MS PowerPoint
2 3 (1.06%) Spreadsheet
3 2 (0.71%) MS Office
Business Applications
1 6 (2.13%) Markit EDM
2 5 (1.77%) Summit
3 4 (1.42%) SunGard GMI
4 3 (1.06%) Global One
5 1 (0.35%) PolarLake
5 1 (0.35%) RMDS
5 1 (0.35%) Visualfiles
5 1 (0.35%) thinkFolio
5 1 (0.35%) Oracle General Ledger
Cloud Services
1 2 (0.71%) Cloud Computing
1 2 (0.71%) Microsoft Azure
1 2 (0.71%) Amazon AWS
1 2 (0.71%) SaaS
1 2 (0.71%) PaaS
Communications & Networking
1 2 (0.71%) TCP/IP
Database & Business Intelligence
1 43 (15.25%) SQL Server
2 20 (7.09%) Relational Database
3 15 (5.32%) RDBMS
4 6 (2.13%) SQL Server 2008
5 5 (1.77%) SQL Server Integration Services
5 5 (1.77%) BusinessObjects
5 5 (1.77%) Data Warehouse
6 3 (1.06%) MS Access
6 3 (1.06%) Hadoop
6 3 (1.06%) Apache Hive
6 3 (1.06%) NoSQL
6 3 (1.06%) Impala
6 3 (1.06%) SQL Server Reporting Services
6 3 (1.06%) Big Data
6 3 (1.06%) Oracle Database
7 2 (0.71%) HBase
7 2 (0.71%) MySQL
7 2 (0.71%) DTS
8 1 (0.35%) Data Mining
8 1 (0.35%) PowerCenter
Development Applications
1 10 (3.55%) JIRA
2 7 (2.48%) TeamCity
2 7 (2.48%) Visual Studio
3 5 (1.77%) Maven
4 4 (1.42%) Team Foundation Server
4 4 (1.42%) NUnit
5 3 (1.06%) SpecFlow
6 2 (0.71%) Ant
6 2 (0.71%) JUnit
6 2 (0.71%) FitNesse
6 2 (0.71%) Rhino Mocks
6 2 (0.71%) Moq
6 2 (0.71%) Cucumber
7 1 (0.35%) Hudson
7 1 (0.35%) SoapUI
7 1 (0.35%) Git (software)
7 1 (0.35%) CruiseControl
7 1 (0.35%) Oracle Forms
7 1 (0.35%) IntelliJ
7 1 (0.35%) ProC
General
1 154 (54.61%) Banking
2 134 (47.52%) Finance
3 129 (45.74%) Front Office
4 97 (34.40%) Investment Banking
5 20 (7.09%) Back Office
6 14 (4.96%) Telecoms
7 5 (1.77%) Legal
7 5 (1.77%) Advertising
8 1 (0.35%) General Ledger
8 1 (0.35%) Corporate Banking
Job Titles
1 132 (46.81%) Developer
2 103 (36.52%) Analyst
3 69 (24.47%) Business Analyst
4 52 (18.44%) C# Developer
5 45 (15.96%) Senior Developer
6 35 (12.41%) Java Developer
7 32 (11.35%) Senior C# Developer
8 15 (5.32%) Project Manager
9 13 (4.61%) C++ Developer
10 10 (3.55%) Consultant
11 9 (3.19%) Senior Java Developer
12 8 (2.84%) Java Analyst Programmer
12 8 (2.84%) Java Programmer
12 8 (2.84%) Technical Business Analyst
12 8 (2.84%) IT Business Analyst
12 8 (2.84%) Analyst Programmer
12 8 (2.84%) Programmer
12 8 (2.84%) Support Analyst
12 8 (2.84%) Investment Banking Business Analyst
12 8 (2.84%) Lead Business Analyst
Libraries, Frameworks & Software Standards
1 61 (21.63%) .NET
2 25 (8.87%) FIX Protocol
3 24 (8.51%) WPF
4 20 (7.09%) XML
5 19 (6.74%) HTML
6 15 (5.32%) HTML5
7 14 (4.96%) WCF
7 14 (4.96%) WinForms
8 13 (4.61%) AngularJS
9 10 (3.55%) Spring
10 8 (2.84%) .NET Framework
11 7 (2.48%) FpML
12 6 (2.13%) Web Services
13 5 (1.77%) ASP.NET
13 5 (1.77%) MSMQ
13 5 (1.77%) TIBCO EMS
14 4 (1.42%) RabbitMQ
14 4 (1.42%) LINQ
14 4 (1.42%) FIXML
14 4 (1.42%) CSS
Miscellaneous
1 79 (28.01%) Equities
2 70 (24.82%) Fixed Income
3 61 (21.63%) Equity Derivative
4 56 (19.86%) Foreign Exchange (FX)
5 29 (10.28%) Credit Derivative
6 24 (8.51%) Analytical Skills
7 20 (7.09%) Computer Science
7 20 (7.09%) Credit Risk
8 17 (6.03%) Interest Rate Derivative
9 14 (4.96%) Mathematics
10 13 (4.61%) Data Structures
11 11 (3.90%) Market Risk
12 7 (2.48%) Grid Computing
12 7 (2.48%) Contract for Difference
13 6 (2.13%) Replication
14 5 (1.77%) Client/Server
15 4 (1.42%) N-Tier
15 4 (1.42%) Hedge funds
15 4 (1.42%) iSeries
16 3 (1.06%) Management Information System
Operating Systems
1 49 (17.38%) UNIX
2 22 (7.80%) Linux
3 20 (7.09%) Windows
4 1 (0.35%) Windows Server 2003
4 1 (0.35%) Windows Server 2008
Processes & Methodologies
1 75 (26.60%) Agile Software Development
2 53 (18.79%) Multithreading
3 46 (16.31%) Risk Management
4 40 (14.18%) Business Analysis
5 36 (12.77%) TDD
6 33 (11.70%) OO
7 27 (9.57%) SDLC
8 23 (8.16%) Greeks
9 22 (7.80%) Stakeholder Management
10 21 (7.45%) BDD
11 18 (6.38%) Data Modelling
12 16 (5.67%) Project Management
12 16 (5.67%) Migration
13 15 (5.32%) Analytics
14 14 (4.96%) Electronic Trading
14 14 (4.96%) Continuous Integration
14 14 (4.96%) User Acceptance Testing
15 12 (4.26%) Asset Management
16 11 (3.90%) Data Analysis
16 11 (3.90%) Unit Testing
Programming Languages
1 99 (35.11%) C#
2 94 (33.33%) SQL
3 71 (25.18%) Java
4 26 (9.22%) C++
5 20 (7.09%) VBA
6 17 (6.03%) JavaScript
7 15 (5.32%) Python
8 6 (2.13%) Scala
8 6 (2.13%) C
9 5 (1.77%) Shell Script
10 4 (1.42%) RPG IV
10 4 (1.42%) RPG
10 4 (1.42%) T-SQL
11 2 (0.71%) PL/SQL
12 1 (0.35%) VB
12 1 (0.35%) PowerShell
Qualifications
1 15 (5.32%) Degree
2 4 (1.42%) ISEB
2 4 (1.42%) Security Cleared
3 2 (0.71%) PhD
3 2 (0.71%) DV Cleared
4 1 (0.35%) PMI Certification
4 1 (0.35%) ISTQB
4 1 (0.35%) IIBA
4 1 (0.35%) CBAP
Quality Assurance & Compliance
1 15 (5.32%) QA
2 11 (3.90%) EMIR
2 11 (3.90%) Dodd-Frank
3 6 (2.13%) MiFID
4 3 (1.06%) Solvency II
5 2 (0.71%) Data Quality
6 1 (0.35%) Basel III
6 1 (0.35%) AIFMD
System Software
1 3 (1.06%) Apache Flume
1 3 (1.06%) HDFS
Systems Management
1 6 (2.13%) HP Quality Center
2 3 (1.06%) Oozie
2 3 (1.06%) Control-M
Vendors
1 29 (10.28%) Oracle
2 12 (4.26%) Microsoft
3 10 (3.55%) TIBCO
4 7 (2.48%) Murex
4 7 (2.48%) HP
5 6 (2.13%) Sybase
5 6 (2.13%) DevExpress
6 5 (1.77%) Wall Street Systems
7 4 (1.42%) IBM
7 4 (1.42%) SunGard
8 3 (1.06%) Bloomberg
8 3 (1.06%) Charles River
8 3 (1.06%) Syncfusion
9 2 (0.71%) MicroStrategy
9 2 (0.71%) Solace
10 1 (0.35%) Pega
10 1 (0.35%) Tableau
10 1 (0.35%) SmartCo
10 1 (0.35%) Actian
10 1 (0.35%) Infragistics
City, London
TEKsystems
Rate: £575 - £625 per day
Posted: 16 hours ago
City, London
Hays Finance Technology
Rate: £540.00 per day
Posted: 19 hours ago
City, London
Deerfoot IT Resources Ltd
Rate: £500 - £600 per day
Posted: 2 days ago
City, London
Hays Finance Technology
Rate: £600.00 - £650.00 per day
Posted: 2 days ago
City of London
iKonnect
Rate: £650 - £750 per day
Posted: 2 days ago
City of London
iKonnect
Posted: 2 days ago
City, London
TEKsystems
Rate: £550 - £600 per day
Posted: 2 days ago
City, London
Networking People
Rate: £800 - £1000 per day + ++ Neg
Posted: 2 days ago
City of London
Deerfoot IT
Rate: £500 - £600 per day
Posted: 11 days ago
City of London
Hays IT - Uk Posting account
Rate: £400.00 - £500.00 per annum
Posted: 12 days ago
City of London
Deerfoot IT
Rate: £450 per day
Posted: 15 days ago
City of London
Hays IT - Uk Posting account
Rate: £450 - £550 per day
Posted: 16 days ago
City of London
Hays IT - Uk Posting account
Rate: £520.00 - £550.00 per day
Posted: 18 days ago
City of London
Hays IT - Uk Posting account
Rate: £550.00 per day
Posted: 23 days ago
City of London
Hays IT - Uk Posting account
Rate: £550.00 - £600.00 per day
Posted: 25 days ago