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 22 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
22 Oct 2014
Same period 2013 Same period 2012
Derivatives
Rank 69 33 30
Rank change year-on-year
-36 -3
Contract jobs citing Derivative 161 368 376
As % of all contract IT jobs located in the City of London 2.74% 5.07% 5.20%
As % of the Miscellaneous category 7.92% 13.37% 13.63%
Number of daily rates quoted 136 318 329
Average daily rate
Keep up to 90%
of your Daily Rate
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£575 £575 £575
90% offered a daily rate of more than £425 £450 £475
10% offered a daily rate of more than £660 £650 £700
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 £90.00 -
% change year-on-year
-68.12% -
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
2034 2753 2758
As % of all contract IT jobs located in the City of London 34.60% 37.91% 38.11%
Number of daily rates quoted 1539 2078 2046
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 £290 £300 £275
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £351 £350 £350
% change year-on-year
+0.32% -
Number of hourly rates quoted 35 52 65
Average hourly rate £16.00 £19.50 £22.50
Average hourly rate % change year-on-year
-17.94% -13.33%
90% offered a hourly rate of more than £10.50 £13.50 £12.85
10% offered a hourly rate of more than £22.00 £30.65 £39.95
UK excluding London average hourly rate £17.50 £17.69 £21.00
% change year-on-year
-1.07% -15.76%

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 22 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 22 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.

1 146 (46.50%) Front Office
2 139 (44.27%) Banking
3 128 (40.76%) Finance
4 103 (32.80%) Java
5 94 (29.94%) Investment Banking
6 91 (28.98%) Fixed Income
7 86 (27.39%) SQL
8 82 (26.11%) Foreign Exchange (FX)
9 76 (24.20%) Agile Software Development
10 55 (17.52%) C#
11 50 (15.92%) Oracle
11 50 (15.92%) Equities
12 45 (14.33%) UNIX
13 42 (13.38%) XML
13 42 (13.38%) Equity Derivative
14 40 (12.74%) Credit Derivative
15 35 (11.15%) Spring
15 35 (11.15%) Multithreading
16 34 (10.83%) Back Office
16 34 (10.83%) SQL Server
16 34 (10.83%) C++
17 31 (9.87%) Linux
18 30 (9.55%) Risk Management
19 29 (9.24%) TDD
20 28 (8.92%) .NET
21 27 (8.60%) Windows
21 27 (8.60%) Relational Database
22 25 (7.96%) OO
23 23 (7.32%) Business Analysis
24 22 (7.01%) Python

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

For the 6 months to 22 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 (2.87%) WebSphere
2 6 (1.91%) Oracle Coherence
2 6 (1.91%) WebSphere Application Server
3 4 (1.27%) Confluence
4 2 (0.64%) Elasticsearch
4 2 (0.64%) WebLogic
5 1 (0.32%) SharePoint
5 1 (0.32%) Oracle Workflow
5 1 (0.32%) SharePoint Server
5 1 (0.32%) SharePoint 2010
5 1 (0.32%) AquaLogic Service Bus
5 1 (0.32%) Node.js
Applications
1 4 (1.27%) MS Excel
1 4 (1.27%) MS Office
2 3 (0.96%) MS Visio
2 3 (0.96%) MS PowerPoint
3 2 (0.64%) Spreadsheet
3 2 (0.64%) MS Project
Business Applications
1 8 (2.55%) Markit EDM
2 6 (1.91%) SunGard GMI
3 4 (1.27%) Remedy ITSM
4 1 (0.32%) Endur
4 1 (0.32%) Global One
4 1 (0.32%) Summit
4 1 (0.32%) LatentZero
4 1 (0.32%) Tesseract
4 1 (0.32%) Minerva
4 1 (0.32%) Sentinel
4 1 (0.32%) RMDS
4 1 (0.32%) Dynamics CRM
4 1 (0.32%) Cognos Business Intelligence
4 1 (0.32%) Oracle BPM
4 1 (0.32%) Eagle PACE
Cloud Services
1 1 (0.32%) Microsoft Azure
Communications & Networking
1 1 (0.32%) TCP/IP
1 1 (0.32%) DNS
1 1 (0.32%) SAN
1 1 (0.32%) Intranet
1 1 (0.32%) Firewall
1 1 (0.32%) Wireshark
1 1 (0.32%) tcpdump
1 1 (0.32%) NAS
1 1 (0.32%) Multicast
Database & Business Intelligence
1 34 (10.83%) SQL Server
2 27 (8.60%) Relational Database
3 9 (2.87%) Oracle Database
4 7 (2.23%) SQL Server 2008
5 6 (1.91%) SQL Server Reporting Services
5 6 (1.91%) Oracle Database 10g
6 5 (1.59%) SQL Server Integration Services
7 3 (0.96%) DTS
7 3 (0.96%) RDBMS
7 3 (0.96%) MongoDB
7 3 (0.96%) Apache Cassandra
7 3 (0.96%) NoSQL
7 3 (0.96%) Hadoop
7 3 (0.96%) Big Data
8 2 (0.64%) HBase
8 2 (0.64%) Redis
8 2 (0.64%) Hazelcast
8 2 (0.64%) Data Mart
8 2 (0.64%) SQL Server 2005
8 2 (0.64%) PostgreSQL
Development Applications
1 15 (4.78%) JIRA
2 14 (4.46%) JUnit
3 11 (3.50%) TeamCity
4 9 (2.87%) Maven
5 8 (2.55%) Team Foundation Server
5 8 (2.55%) Ant
6 7 (2.23%) Visual Studio
7 6 (1.91%) CruiseControl
7 6 (1.91%) QuickTest Pro
8 4 (1.27%) NUnit
9 3 (0.96%) Eclipse
9 3 (0.96%) IntelliJ
9 3 (0.96%) Subversion
9 3 (0.96%) Selenium
10 2 (0.64%) Cucumber
10 2 (0.64%) Gradle
10 2 (0.64%) Jenkins
10 2 (0.64%) Git (software)
10 2 (0.64%) JBehave
10 2 (0.64%) FitNesse
General
1 146 (46.50%) Front Office
2 139 (44.27%) Banking
3 128 (40.76%) Finance
4 94 (29.94%) Investment Banking
5 34 (10.83%) Back Office
6 13 (4.14%) Financial Institution
7 6 (1.91%) Advertising
8 3 (0.96%) Legal
9 2 (0.64%) Marketing
9 2 (0.64%) Telecoms
10 1 (0.32%) Games
10 1 (0.32%) Publishing
10 1 (0.32%) Retail
10 1 (0.32%) Wholesale Banking
10 1 (0.32%) French Language
10 1 (0.32%) German Language
10 1 (0.32%) Italian Language
Job Titles
1 142 (45.22%) Developer
2 99 (31.53%) Analyst
3 71 (22.61%) Java Developer
4 62 (19.75%) Business Analyst
5 21 (6.69%) C# Developer
6 17 (5.41%) C++ Developer
6 17 (5.41%) Senior Developer
7 15 (4.78%) Project Manager
7 15 (4.78%) Support Analyst
7 15 (4.78%) Test Analyst
8 13 (4.14%) Senior Java Developer
9 12 (3.82%) Python Developer
10 11 (3.50%) Programmer
10 11 (3.50%) Applications Support
11 10 (3.18%) Equity Derivatives Business Analyst
12 9 (2.87%) Java Programmer
13 6 (1.91%) Scala Developer
13 6 (1.91%) Architect
13 6 (1.91%) Front Office Developer
13 6 (1.91%) Test Manager
Libraries, Frameworks & Software Standards
1 42 (13.38%) XML
2 35 (11.15%) Spring
3 28 (8.92%) .NET
4 21 (6.69%) Hibernate
5 12 (3.82%) JDBC
6 11 (3.50%) JMS
6 11 (3.50%) FpML
6 11 (3.50%) WCF
6 11 (3.50%) WPF
7 10 (3.18%) HTML
8 9 (2.87%) Web Services
8 9 (2.87%) HTML5
9 8 (2.55%) FIX Protocol
9 8 (2.55%) LINQ
9 8 (2.55%) WinForms
9 8 (2.55%) Middleware
10 6 (1.91%) Boost C++ Libraries
10 6 (1.91%) .NET Framework
11 5 (1.59%) STL
11 5 (1.59%) J2EE
Miscellaneous
1 91 (28.98%) Fixed Income
2 82 (26.11%) Foreign Exchange (FX)
3 50 (15.92%) Equities
4 42 (13.38%) Equity Derivative
5 40 (12.74%) Credit Derivative
6 22 (7.01%) Analytical Skills
7 17 (5.41%) Interest Rate Derivative
8 13 (4.14%) Market Risk
9 12 (3.82%) Credit Risk
10 8 (2.55%) Grid Computing
11 7 (2.23%) iSeries
11 7 (2.23%) SWIFT
12 6 (1.91%) Data Structures
12 6 (1.91%) DTCC
13 5 (1.59%) Mathematics
13 5 (1.59%) Computer Science
13 5 (1.59%) Hedge funds
14 4 (1.27%) Algorithms
15 3 (0.96%) Management Information System
15 3 (0.96%) Economics
Operating Systems
1 45 (14.33%) UNIX
2 31 (9.87%) Linux
3 27 (8.60%) Windows
4 8 (2.55%) Oracle Linux
5 4 (1.27%) Windows Server 2008
6 3 (0.96%) Windows Server 2003
7 2 (0.64%) Red Hat Enterprise Linux
7 2 (0.64%) Windows 7
7 2 (0.64%) Windows Vista
7 2 (0.64%) Windows XP
Processes & Methodologies
1 76 (24.20%) Agile Software Development
2 35 (11.15%) Multithreading
3 30 (9.55%) Risk Management
4 29 (9.24%) TDD
5 25 (7.96%) OO
6 23 (7.32%) Business Analysis
7 21 (6.69%) Project Management
7 21 (6.69%) Asset Management
8 20 (6.37%) Low Latency
9 18 (5.73%) User Acceptance Testing
9 18 (5.73%) Data Analysis
10 14 (4.46%) Performance Tuning
11 13 (4.14%) Analytics
12 12 (3.82%) Migration
12 12 (3.82%) Workflow
13 11 (3.50%) Continuous Integration
14 10 (3.18%) Scrum
15 9 (2.87%) OOD
15 9 (2.87%) Investment Management
15 9 (2.87%) Greeks
Programming Languages
1 103 (32.80%) Java
2 86 (27.39%) SQL
3 55 (17.52%) C#
4 34 (10.83%) C++
5 22 (7.01%) Python
6 15 (4.78%) Shell Script
7 13 (4.14%) VBA
8 12 (3.82%) Scala
9 10 (3.18%) T-SQL
10 9 (2.87%) JavaScript
10 9 (2.87%) Perl
10 9 (2.87%) PL/SQL
11 6 (1.91%) Bash Shell
12 5 (1.59%) RPG
13 3 (0.96%) XPath
13 3 (0.96%) Groovy
14 2 (0.64%) RPG IV
14 2 (0.64%) XAML
15 1 (0.32%) VB
15 1 (0.32%) Ruby
Qualifications
1 19 (6.05%) Degree
2 3 (0.96%) MCSE
2 3 (0.96%) ISEB
2 3 (0.96%) Microsoft Certification
3 2 (0.64%) ISTQB
4 1 (0.32%) MCSD
4 1 (0.32%) PRINCE2 Certification
4 1 (0.32%) Security Cleared
Quality Assurance & Compliance
1 20 (6.37%) EMIR
2 15 (4.78%) Dodd-Frank
3 9 (2.87%) QA
4 8 (2.55%) ISO 9001
5 1 (0.32%) Basel II
5 1 (0.32%) Basel III
5 1 (0.32%) Data Quality
System Software
1 2 (0.64%) HDFS
1 2 (0.64%) VMware Infrastructure
1 2 (0.64%) Active Directory
2 1 (0.32%) Platform Symphony
Systems Management
1 5 (1.59%) Control-M
1 5 (1.59%) HP Quality Center
2 4 (1.27%) BMC PATROL
3 2 (0.64%) Hadoop YARN
3 2 (0.64%) Opscode Chef
3 2 (0.64%) Puppet
4 1 (0.32%) Nagios
4 1 (0.32%) ServiceCenter
Vendors
1 50 (15.92%) Oracle
2 16 (5.10%) Sybase
3 15 (4.78%) Murex
4 13 (4.14%) Microsoft
5 9 (2.87%) TIBCO
6 7 (2.23%) Remedy
6 7 (2.23%) Charles River
6 7 (2.23%) DataSynapse
7 6 (1.91%) thinkFolio
7 6 (1.91%) SunGard
7 6 (1.91%) HP
8 5 (1.59%) Bloomberg
8 5 (1.59%) DevExpress
9 4 (1.27%) Reuters
9 4 (1.27%) Apple
9 4 (1.27%) BMC
9 4 (1.27%) Calypso
10 3 (0.96%) Fidessa
10 3 (0.96%) IBM
10 3 (0.96%) Citrix
City of London
Real Staffing
Rate: £750 - £900 per day
Posted: 3 hours ago
City, London
Red10
Rate: £550 - £750 per day
Posted: 20 hours ago
City of London
Huxley Associates
Rate: £500 - £585 per day + competitive
Posted: 20 hours ago
City, London
Aston Carter
Rate: £500 - £550 per day
Posted: Yesterday
City, London
TEKsystems
Rate: £500 - £550 per day
Posted: 5 days ago
City of London
Huxley Associates
Rate: £620 - £720 per day + competitive
Posted: 5 days ago
City, London
Harvey Nash plc
Rate: £450 - £550 per day
Posted: 5 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £550 - £650 per day
Posted: 5 days ago
City of London
Real Staffing
Rate: £400 - £500 per day + competitive
Posted: 5 days ago
City of London
Huxley Associates
Rate: £600 - £700 per day
Posted: 5 days ago
City of London
Hays IT - Uk Posting account
Rate: £550.00 - £607.00 per day
Posted: 7 days ago
City of London
Hays IT - Uk Posting account
Rate: £600.00 - £680.00 per day
Posted: 12 days ago
City of London
Deerfoot IT
Rate: £350 - £400 per day
Posted: 13 days ago
City of London
Hays IT - Uk Posting account
Rate: £650.00 - £700.00 per day
Posted: 13 days ago
City of London
Orgtel
Rate: £500 - £600 per day
Posted: 14 days ago
City of London
Huxley Associates
Rate: £500 - £550 per day + competitive
Posted: 15 days ago