The first table below looks at the prevalence of the term Equity 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 Equity Derivative over the 3 months to 21 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the City of London region.

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
21 May 2013
Same period 2012 Same period 2011
Equity Derivatives
Rank 148 141 56
Rank change year-on-year
-7 -85
Contract jobs citing Equity Derivative 55 77 293
As % of all contract IT jobs located in the City of London 0.856% 0.979% 3.027%
As % of the Miscellaneous category 2.716% 2.960% 7.507%
Number of daily rates quoted 48 67 258
Average daily rate £550 £550 £575
Average daily rate % change year-on-year
- -4.34%
90% offered a daily rate of more than £468 £465 £500
10% offered a daily rate of more than £633 £660 £625
UK excluding London average daily rate £525 £313 £375
% change year-on-year
+68.00% -16.66%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All of the Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
2025 2601 3903
As % of all contract IT jobs located in the City of London 31.51% 33.08% 40.32%
Number of daily rates quoted 1504 2000 3020
Average daily rate £500 £500 £550
Average daily rate % change year-on-year
- -9.09%
90% offered a daily rate of more than £313 £300 £350
10% offered a daily rate of more than £625 £650 £675
UK excluding London average daily rate £350 £345 £340
% change year-on-year
+1.44% +1.47%
Number of hourly rates quoted 51 68 51
Average hourly rate £24.50 £21.50 £21.00
Average hourly rate % change year-on-year
+13.95% +2.38%
90% offered a hourly rate of more than £15.50 £13.44 £14.50
10% offered a hourly rate of more than £135.00 £45.00 £47.73
UK excluding London average hourly rate £22.00 £23.00 £26.50
% change year-on-year
-4.34% -13.20%
Equity Derivative
London

Equity Derivative
Jobs Demand Trend

This chart provides a 3-month moving total of IT contractor jobs citing Equity Derivative across the City of London region as a proportion of the total demand within the Miscellaneous category.

City of London Equity Derivative Jobs Demand Trend

Equity Derivative
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Equity Derivative across the City of London region.

City of London Equity Derivative Daily Rate Trend

Equity Derivative
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Equity Derivative across the City of London region over the 3 months to 21 May 2013.

City of London Equity Derivative Daily Rate Histogram

Equity Derivative
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Equity Derivative across the City of London region.

City of London Equity Derivative Hourly Rate Trend

Equity Derivative
Top 30 Related IT Skills

For the 6 months to 21 May 2013, IT contractor jobs across the City of London region citing Equity 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 Equity Derivative.

1 74 (96.10%) Derivative
2 37 (48.05%) Front Office
2 37 (48.05%) Java
3 31 (40.26%) Banking
4 26 (33.77%) Investment Banking
5 21 (27.27%) Agile Software Development
6 17 (22.08%) TDD
7 15 (19.48%) Foreign Exchange (FX)
7 15 (19.48%) BDD
8 14 (18.18%) Pair Programming
9 13 (16.88%) Unit Testing
9 13 (16.88%) Dependency Injection
10 12 (15.58%) Finance
10 12 (15.58%) SQL
11 10 (12.99%) C#
12 9 (11.69%) UNIX
13 8 (10.39%) C++
13 8 (10.39%) Perl
13 8 (10.39%) Business Analysis
14 7 (9.091%) Equities
14 7 (9.091%) Murex
15 6 (7.792%) Oracle
15 6 (7.792%) VBA
15 6 (7.792%) Back Office
16 5 (6.494%) Risk Management
16 5 (6.494%) Fixed Income
16 5 (6.494%) PL/SQL
16 5 (6.494%) Python
16 5 (6.494%) Multithreading
17 4 (5.195%) OO

Equity Derivative
Top Related IT Skills by Category

For the 6 months to 21 May 2013, IT contractor jobs across the City of London region citing Equity 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 Equity Derivative. Up to 20 skills are shown per category.

Application Development
1 4 (5.195%) .NET
2 3 (3.896%) WPF
2 3 (3.896%) Murex MxML
3 2 (2.597%) XML
4 1 (1.299%) Spring
4 1 (1.299%) FIX Protocol
4 1 (1.299%) JSON
4 1 (1.299%) WCF
4 1 (1.299%) Silverlight
4 1 (1.299%) J2SE
4 1 (1.299%) ASP.NET
4 1 (1.299%) CSS
4 1 (1.299%) Hibernate
4 1 (1.299%) HTML5
Application Platforms
1 1 (1.299%) Confluence
Business Applications
1 3 (3.896%) RMDS
1 3 (3.896%) Murex MxG2000
2 1 (1.299%) Summit
Communications & Networking
1 2 (2.597%) HTTP
Database & Business Intelligence
1 2 (2.597%) SQL Server
1 2 (2.597%) Data Mart
2 1 (1.299%) MS Access
2 1 (1.299%) RDBMS
2 1 (1.299%) SQL Server 2008
2 1 (1.299%) Big Data
2 1 (1.299%) MongoDB
Development Applications
1 2 (2.597%) QuickTest Pro
1 2 (2.597%) Selenium
1 2 (2.597%) JIRA
2 1 (1.299%) jMock
2 1 (1.299%) JUnit
2 1 (1.299%) Expression Blend
2 1 (1.299%) JBehave
General
1 37 (48.05%) Front Office
2 31 (40.26%) Banking
3 26 (33.77%) Investment Banking
4 12 (15.58%) Finance
5 6 (7.792%) Back Office
6 3 (3.896%) Legal
7 2 (2.597%) Financial Institution
8 1 (1.299%) Retail
Job Titles
1 42 (54.55%) Developer
2 27 (35.06%) Analyst
3 23 (29.87%) Java Developer
4 20 (25.97%) Business Analyst
5 13 (16.88%) Agile Java Developer
6 8 (10.39%) Equity Derivatives Business Analyst
7 6 (7.792%) Senior Developer
7 6 (7.792%) Murex Analyst
8 5 (6.494%) Senior Java Developer
9 4 (5.195%) Project Manager
10 3 (3.896%) Murex Business Analyst
10 3 (3.896%) Murex Developer
10 3 (3.896%) Analyst Developer
10 3 (3.896%) Oracle Developer
10 3 (3.896%) Test Manager
11 2 (2.597%) Test Automation Analyst
11 2 (2.597%) Automation Analyst
11 2 (2.597%) Test Analyst
11 2 (2.597%) Support Analyst
11 2 (2.597%) Equity Analyst
Miscellaneous
1 74 (96.10%) Derivative
2 15 (19.48%) Foreign Exchange (FX)
3 7 (9.091%) Equities
4 5 (6.494%) Fixed Income
5 3 (3.896%) Economics
6 2 (2.597%) Mathematics
6 2 (2.597%) Contract for Difference
6 2 (2.597%) Grid Computing
6 2 (2.597%) Credit Derivative
7 1 (1.299%) Equity Risk
7 1 (1.299%) Physics
7 1 (1.299%) Computer Science
7 1 (1.299%) Management Information System
Operating Systems
1 9 (11.69%) UNIX
2 2 (2.597%) Windows
2 2 (2.597%) Linux
3 1 (1.299%) Windows 8
Processes & Methodologies
1 21 (27.27%) Agile Software Development
2 17 (22.08%) TDD
3 15 (19.48%) BDD
4 14 (18.18%) Pair Programming
5 13 (16.88%) Unit Testing
5 13 (16.88%) Dependency Injection
6 8 (10.39%) Business Analysis
7 5 (6.494%) Risk Management
7 5 (6.494%) Multithreading
8 4 (5.195%) OO
9 3 (3.896%) User Acceptance Testing
10 2 (2.597%) Build Automation
10 2 (2.597%) Greeks
10 2 (2.597%) Test Automation
10 2 (2.597%) Project Management
10 2 (2.597%) Migration
10 2 (2.597%) Workflow
10 2 (2.597%) GAP Analysis
10 2 (2.597%) RAD
10 2 (2.597%) UML
Programming Languages
1 37 (48.05%) Java
2 12 (15.58%) SQL
3 10 (12.99%) C#
4 8 (10.39%) C++
4 8 (10.39%) Perl
5 6 (7.792%) VBA
6 5 (6.494%) PL/SQL
6 5 (6.494%) Python
7 2 (2.597%) Shell Script
7 2 (2.597%) VB
7 2 (2.597%) Jython
8 1 (1.299%) Haskell
8 1 (1.299%) T-SQL
8 1 (1.299%) JavaScript
8 1 (1.299%) Scala
8 1 (1.299%) F#
Qualifications
1 3 (3.896%) Degree
Quality Assurance & Compliance
1 3 (3.896%) QA
2 1 (1.299%) MiFID
2 1 (1.299%) Sarbanes-Oxley
2 1 (1.299%) Basel III
2 1 (1.299%) FATCA
Systems Management
1 1 (1.299%) HP Quality Center
Vendors
1 7 (9.091%) Murex
2 6 (7.792%) Oracle
3 3 (3.896%) Sophis
3 3 (3.896%) Reuters
4 2 (2.597%) Calypso
5 1 (1.299%) Fidessa
5 1 (1.299%) HP
5 1 (1.299%) Sybase
5 1 (1.299%) Bloomberg
5 1 (1.299%) UC4
City of London
The Horizon developer will have: At least 2 years in depth Horizon experience (integration work and consequently some Java exposure) The Bank's trading team's platform is...
Real Staffing
Rate: £500 - £800 per day
Posted: 15 May 2013
City, London
A leading investment bank are seeking to hire a Java Developer with extensive experience in Horizon to sit within an equity derivatives IT team responsible for the definition...
McGregor Boyall
Rate: £650+ Per Day
Posted: 15 May 2013
City of London
The Horizon Developer will have: Extensively strong Horizon development exposure Investment Banking/Financial Services experience (ideally worked with Equity Derivatives/Delta 1 Products) and the following will be...
Real Staffing
Rate: £500 - £625 per day
Posted: 15 May 2013
City of London
My Client, a leading investment bank is looking for an experienced front-to-back Project manager to take the lead on their derivatives confirmation program. Skills and Experience:- -...
Huxley Associates
Rate: £500 - £7000 per annum
Posted: 15 May 2013
City, London
My client is a leading investment bank and are looking for a solid Project Manager to work within Equity Derivatives team to support the regulatory change agenda on...
HAYS INFORMATION TECHNOLOGY
Rate: £550.00 - £600.00 per day
Posted: 16 May 2013
City of London
Any of the following would also be nice to have: - Knowledge of Equity derivatives. - Knowledge of Exotic Equity Derivatives... Haskell, F#)... - Knowledge of databases & their SQL languages (e...
Real Staffing
Rate: £500 - £600 per day
Posted: 15 May 2013
City, London
Since the systems involved are integrated with out pricing and post trade systems the candidate must have an understanding of the entire trade flow process and STP Key...
Incisive Ltd
Rate: £400 - £500 per day
Posted: 16 May 2013
City of London
Test Manager - Dodd Frank/EMIR sought by leading Investment Bank based in the city of London.Essential-Practical working knowledge of Credit/Rates/FX/Equity derivatives products- Proven...
Harvey Nash plc
Rate: £450 - £500 per day
Posted: 17 May 2013
City, London
This person will be responsible for end-to-end process of collating market risk data with overall ownership of the Equity Derivatives Business, both global and regional... Ownership...
Hydrogen Group
Rate: £300.00 - £350.00 per annum
Posted: 20 May 2013