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 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
27 Mar 2015
Same period 2014 Same period 2013
Derivatives
Rank 63 37 36
Rank change year-on-year
-26 -1
Contract jobs citing Derivative 160 282 288
As % of all contract IT jobs located in the City of London 3.12% 4.65% 4.88%
As % of the Miscellaneous category 8.42% 11.84% 13.00%
Number of daily rates quoted 141 240 257
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 £450 £450 £425
10% offered a daily rate of more than £675 £675 £675
UK excluding London average daily rate £375 £388 £338
% change year-on-year
-3.22% +14.81%
Number of hourly rates quoted 0 6 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
1901 2381 2216
As % of all contract IT jobs located in the City of London 37.03% 39.25% 37.53%
Number of daily rates quoted 1444 1746 1676
Average daily rate £450 £500 £475
Average daily rate % change year-on-year
-10.00% +5.26%
90% offered a daily rate of more than £290 £288 £300
10% offered a daily rate of more than £625 £650 £625
UK excluding London average daily rate £375 £350 £338
% change year-on-year
+7.14% +3.70%
Number of hourly rates quoted 32 46 49
Average hourly rate £17.87 £22.50 £22.00
Average hourly rate % change year-on-year
-20.60% +2.27%
90% offered a hourly rate of more than £12.58 £14.50 £15.90
10% offered a hourly rate of more than £27.37 £42.50 £135.00
UK excluding London average hourly rate £19.00 £17.50 £23.00
% change year-on-year
+8.57% -23.91%

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 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 27 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.

1 177 (45.85%) Banking
2 163 (42.23%) Java
3 151 (39.12%) Front Office
4 134 (34.72%) SQL
5 125 (32.38%) Agile Software Development
6 119 (30.83%) Finance
7 101 (26.17%) Investment Banking
8 98 (25.39%) C#
9 86 (22.28%) Equity Derivative
10 79 (20.47%) Foreign Exchange (FX)
11 77 (19.95%) UNIX
12 74 (19.17%) Equities
13 60 (15.54%) .NET
14 59 (15.28%) OO
15 53 (13.73%) Fixed Income
16 47 (12.18%) TDD
16 47 (12.18%) C++
17 45 (11.66%) Analytical Skills
18 40 (10.36%) Linux
19 37 (9.59%) Oracle
19 37 (9.59%) SQL Server
20 36 (9.33%) Data Modelling
20 36 (9.33%) Back Office
21 34 (8.81%) Risk Management
21 34 (8.81%) Relational Database
22 31 (8.03%) Multithreading
22 31 (8.03%) VBA
23 29 (7.51%) XML
24 28 (7.25%) Asset Management
24 28 (7.25%) Credit Derivative

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

For the 6 months to 27 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%) WebSphere
2 6 (1.55%) TIBCO EMS
2 6 (1.55%) Node.js
3 3 (0.78%) Confluence
4 2 (0.52%) SharePoint 2013
4 2 (0.52%) Tomcat
4 2 (0.52%) SharePoint
5 1 (0.26%) Lync
5 1 (0.26%) WebLogic
Applications
1 12 (3.11%) MS Excel
2 7 (1.81%) Spreadsheet
3 5 (1.30%) MS PowerPoint
3 5 (1.30%) MS Visio
3 5 (1.30%) MS Office
4 1 (0.26%) MS Project
4 1 (0.26%) Acrobat
Business Applications
1 9 (2.33%) Markit EDM
2 8 (2.07%) SunGard GMI
3 7 (1.81%) Sentinel
4 5 (1.30%) thinkFolio
5 4 (1.04%) LatentZero
6 3 (0.78%) Summit
7 2 (0.52%) SunGard Stream Clearvision
7 2 (0.52%) FLEXCUBE
7 2 (0.52%) RMDS
7 2 (0.52%) IntelliMatch
7 2 (0.52%) Tesseract
7 2 (0.52%) Minerva
7 2 (0.52%) Oracle Applications
8 1 (0.26%) Endur
8 1 (0.26%) Temenos T24
8 1 (0.26%) Eagle PACE
8 1 (0.26%) SunGard Stream Ubix
Communications & Networking
1 2 (0.52%) TCP/IP
2 1 (0.26%) Firewall
2 1 (0.26%) Unified Communications
Database & Business Intelligence
1 37 (9.59%) SQL Server
2 34 (8.81%) Relational Database
3 20 (5.18%) RDBMS
4 9 (2.33%) SQL Server 2008
5 8 (2.07%) SQL Server Integration Services
6 7 (1.81%) DB2
7 6 (1.55%) Data Warehouse
8 5 (1.30%) MS Access
8 5 (1.30%) Big Data
9 4 (1.04%) Oracle Database
10 3 (0.78%) Data Mining
10 3 (0.78%) Hadoop
10 3 (0.78%) SQL Server Reporting Services
11 2 (0.52%) Data Mart
11 2 (0.52%) SQL Server 2005
11 2 (0.52%) Crystal Reports
12 1 (0.26%) Oracle Reports
12 1 (0.26%) DTS
12 1 (0.26%) Apache Hive
12 1 (0.26%) NoSQL
Development Applications
1 25 (6.48%) TeamCity
2 24 (6.22%) Maven
3 20 (5.18%) JIRA
3 20 (5.18%) JUnit
4 17 (4.40%) Ant
5 16 (4.15%) CruiseControl
6 10 (2.59%) Visual Studio
7 9 (2.33%) Eclipse
7 9 (2.33%) Subversion
8 6 (1.55%) Team Foundation Server
9 5 (1.30%) NUnit
10 4 (1.04%) Cucumber
11 3 (0.78%) JBehave
11 3 (0.78%) IntelliJ
12 2 (0.52%) Toad
12 2 (0.52%) ClearCase
12 2 (0.52%) Rational Rose
12 2 (0.52%) RequisitePro
12 2 (0.52%) ProC
13 1 (0.26%) ReSharper
General
1 177 (45.85%) Banking
2 151 (39.12%) Front Office
3 119 (30.83%) Finance
4 101 (26.17%) Investment Banking
5 36 (9.33%) Back Office
6 20 (5.18%) Telecoms
7 8 (2.07%) Legal
8 3 (0.78%) Advertising
9 2 (0.52%) General Ledger
9 2 (0.52%) Corporate Banking
9 2 (0.52%) Financial Institution
10 1 (0.26%) Marketing
10 1 (0.26%) French Language
10 1 (0.26%) Retail Banking
10 1 (0.26%) Retail
Job Titles
1 200 (51.81%) Developer
2 117 (30.31%) Analyst
3 89 (23.06%) Java Developer
4 61 (15.80%) Business Analyst
5 52 (13.47%) C# Developer
6 39 (10.10%) Senior Developer
7 20 (5.18%) Applications Support
8 19 (4.92%) Support Analyst
9 18 (4.66%) Programmer
9 18 (4.66%) Analyst Programmer
9 18 (4.66%) Java Analyst Programmer
9 18 (4.66%) Java Programmer
10 17 (4.40%) C++ Developer
10 17 (4.40%) Senior Java Developer
11 15 (3.89%) C# .NET Developer
12 12 (3.11%) Python Developer
12 12 (3.11%) .NET Developer
12 12 (3.11%) Applications Support Analyst
13 11 (2.85%) Test Manager
14 10 (2.59%) Senior C# Developer
Libraries, Frameworks & Software Standards
1 60 (15.54%) .NET
2 29 (7.51%) XML
3 28 (7.25%) WPF
4 24 (6.22%) WCF
5 23 (5.96%) Spring
6 21 (5.44%) FIX Protocol
7 20 (5.18%) HTML
8 18 (4.66%) JMS
9 17 (4.40%) HTML5
10 16 (4.15%) JDBC
11 15 (3.89%) WinForms
11 15 (3.89%) REST
12 14 (3.63%) Swing
13 11 (2.85%) .NET Framework
14 10 (2.59%) RESTful
14 10 (2.59%) FpML
15 8 (2.07%) Hibernate
15 8 (2.07%) SOAP
15 8 (2.07%) Web Services
15 8 (2.07%) AngularJS
Miscellaneous
1 86 (22.28%) Equity Derivative
2 79 (20.47%) Foreign Exchange (FX)
3 74 (19.17%) Equities
4 53 (13.73%) Fixed Income
5 45 (11.66%) Analytical Skills
6 28 (7.25%) Credit Derivative
7 26 (6.74%) Mathematics
8 22 (5.70%) Computer Science
9 16 (4.15%) Interest Rate Derivative
10 9 (2.33%) Market Risk
11 8 (2.07%) Management Information System
12 7 (1.81%) iSeries
13 5 (1.30%) Hedge funds
13 5 (1.30%) SWIFT
13 5 (1.30%) Replication
13 5 (1.30%) Credit Risk
14 4 (1.04%) Data Integration
14 4 (1.04%) Algorithms
14 4 (1.04%) Inversion of Control
15 3 (0.78%) iPad
Operating Systems
1 77 (19.95%) UNIX
2 40 (10.36%) Linux
3 25 (6.48%) Windows
4 3 (0.78%) Solaris
5 1 (0.26%) Oracle Linux
Processes & Methodologies
1 125 (32.38%) Agile Software Development
2 59 (15.28%) OO
3 47 (12.18%) TDD
4 36 (9.33%) Data Modelling
5 34 (8.81%) Risk Management
6 31 (8.03%) Multithreading
7 28 (7.25%) Asset Management
7 28 (7.25%) BDD
8 26 (6.74%) OOP
9 25 (6.48%) Business Analysis
9 25 (6.48%) Low Latency
10 22 (5.70%) SOA
11 19 (4.92%) RAD
12 18 (4.66%) Analytics
13 17 (4.40%) Electronic Trading
14 16 (4.15%) Greeks
15 15 (3.89%) Workflow
16 13 (3.37%) OOD
16 13 (3.37%) Integration Testing
16 13 (3.37%) Continuous Integration
Programming Languages
1 163 (42.23%) Java
2 134 (34.72%) SQL
3 98 (25.39%) C#
4 47 (12.18%) C++
5 31 (8.03%) VBA
6 24 (6.22%) Python
7 20 (5.18%) JavaScript
8 10 (2.59%) Perl
8 10 (2.59%) Scala
9 8 (2.07%) T-SQL
9 8 (2.07%) Shell Script
10 5 (1.30%) VBScript
10 5 (1.30%) RPG IV
10 5 (1.30%) RPG
11 4 (1.04%) VB
11 4 (1.04%) XAML
12 3 (0.78%) PL/SQL
12 3 (0.78%) Groovy
13 2 (0.52%) VB6
14 1 (0.26%) C++/CLI
Qualifications
1 18 (4.66%) Degree
2 5 (1.30%) ISEB Practitioner
2 5 (1.30%) ISEB
3 2 (0.52%) PMI Certification
3 2 (0.52%) ISTQB
3 2 (0.52%) ISTQB Foundation Certification
4 1 (0.26%) DV Cleared
4 1 (0.26%) Security Cleared
4 1 (0.26%) PhD
4 1 (0.26%) PRINCE2 Certification
Quality Assurance & Compliance
1 6 (1.55%) ISO 9001
2 4 (1.04%) QA
3 3 (0.78%) EMIR
4 2 (0.52%) Dodd-Frank
5 1 (0.26%) Data Quality
5 1 (0.26%) SLA
5 1 (0.26%) MiFID
System Software
1 1 (0.26%) Apache Flume
1 1 (0.26%) HDFS
Systems Management
1 12 (3.11%) HP Quality Center
2 7 (1.81%) Control-M
3 4 (1.04%) Vagrant
4 1 (0.26%) Oozie
4 1 (0.26%) Opscode Chef
Vendors
1 37 (9.59%) Oracle
2 19 (4.92%) Sybase
3 16 (4.15%) Murex
3 16 (4.15%) TIBCO
4 14 (3.63%) Bloomberg
5 12 (3.11%) DevExpress
6 11 (2.85%) Microsoft
7 9 (2.33%) SunGard
8 6 (1.55%) HP
8 6 (1.55%) Tradeweb
9 5 (1.30%) Calypso
9 5 (1.30%) IBM
10 4 (1.04%) Business Objects
10 4 (1.04%) MarketAxess
10 4 (1.04%) ION Trading
10 4 (1.04%) Reuters
11 3 (0.78%) Sophis
11 3 (0.78%) Apple
11 3 (0.78%) Fidessa
12 2 (0.52%) Citrix
City, London
Hays Finance Technology
Rate: £250.00 - £275.00 per day
Posted: Yesterday
City of London
iKonnect
Rate: £600 - £700 per day + (Depending on Experience)
Posted: Yesterday
City of London
Interquest - ITQ Financial - London
Rate: £25000 per annum + benefits
Posted: 2 days ago
City, London
Client Server
Rate: £400 to £450 p/day
Posted: 2 days ago
City of London
Hays IT - Uk Posting account
Rate: £500.00 - £625.00 per day
Posted: 2 days ago
City, London
Harrington Starr
Rate: £500 - £650 per day
Posted: 3 days ago
City, London
Harrington Starr
Rate: £500 - £650 per day
Posted: 3 days ago
City, London
TEKsystems
Rate: £580 - £620 per day
Posted: 4 days ago
City of London
Real Staffing
Rate: £500 - £600 per day + competitive
Posted: 4 days ago
City, London
Harrington Starr
Rate: £200 - £300 per day
Posted: 4 days ago
City, London
TEKsystems
Rate: £500 - £600 per day
Posted: 5 days ago
City of London
Huxley Banking & Financial Services
Rate: £650 - £750 per day + competitive
Posted: 8 days ago
City of London
Hays IT - Uk Posting account
Rate: £500.00 - £600.00 per day
Posted: 16 days ago
City of London
Hays IT - Uk Posting account
Rate: £500.00 - £600.00 per day
Posted: 19 days ago
City of London
Hays IT - Uk Posting account
Rate: £600.00 - £650.00 per day
Posted: 22 days ago
City of London
Hays IT - Uk Posting account
Rate: £550.00 - £680.00 per day
Posted: 22 days ago
City of London
Hays IT - Uk Posting account
Rate: £500.00 - £600.00 per day
Posted: 26 days ago