The 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 10 February 2016 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
10 Feb 2016
Same period 2015 Same period 2014
Equity Derivatives
Rank 134 147 169
Rank change year-on-year
+13 +22
Contract jobs citing Equity Derivative 19 41 37
As % of all contract IT jobs located in the City of London 0.60% 0.80% 0.62%
As % of the Miscellaneous category 1.50% 2.07% 1.59%
Number of daily rates quoted 10 35 33
Average daily rate £625 £550 £575
Average daily rate % change year-on-year
+13.63% -4.34%
90% offered a daily rate of more than £493 £450 £525
10% offered a daily rate of more than £725 £628 £610
UK excluding London average daily rate - £475 £400
% change year-on-year
- +18.75%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Equity 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
1265 1981 2332
As % of all contract IT jobs located in the City of London 40.21% 38.53% 39.17%
Number of daily rates quoted 974 1553 1689
Average daily rate £500 £450 £500
Average daily rate % change year-on-year
+11.11% -10.00%
90% offered a daily rate of more than £300 £300 £275
10% offered a daily rate of more than £675 £625 £650
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 28 31 36
Average hourly rate £19.99 £17.87 £21.04
Average hourly rate % change year-on-year
+11.89% -15.07%
90% offered a hourly rate of more than £12.90 £13.25 £17.00
10% offered a hourly rate of more than £35.60 £27.37 £42.50
UK excluding London average hourly rate £23.75 £17.50 £17.50
% change year-on-year
+35.71% -

Equity Derivative
Jobs Demand Trend in the City of London

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.

Equity Derivative Jobs Demand Trend in the City of London

Equity 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 Equity Derivative across the City of London region.

Equity Derivative Daily Rate Trend in the City of London

Equity Derivative
Daily Rate Histogram in the City of London

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 10 February 2016.

Equity Derivative Daily Rate Histogram in the City of London

Equity 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 Equity Derivative across the City of London region.

Equity Derivative Hourly Rate Trend in the City of London

Equity Derivative
Top 30 Related IT Skills in the City of London

For the 6 months to 10 February 2016, 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 39 (100.00%) Derivative
2 26 (66.67%) Banking
3 24 (61.54%) Investment Banking
4 20 (51.28%) Fixed Income
5 19 (48.72%) Front Office
5 19 (48.72%) Finance
5 19 (48.72%) C#
6 16 (41.03%) Equities
7 15 (38.46%) SQL
8 14 (35.90%) Foreign Exchange (FX)
9 13 (33.33%) Java
9 13 (33.33%) Agile Software Development
10 12 (30.77%) TDD
10 12 (30.77%) Degree
11 11 (28.21%) SQL Server
12 9 (23.08%) Unix
12 9 (23.08%) Perl
12 9 (23.08%) Configuration Management
12 9 (23.08%) Analytics
13 8 (20.51%) Markit EDM
13 8 (20.51%) Enterprise Software
13 8 (20.51%) Issue Tracking
13 8 (20.51%) JIRA
13 8 (20.51%) DataSynapse
13 8 (20.51%) Migration
13 8 (20.51%) ClearQuest
13 8 (20.51%) Subversion
13 8 (20.51%) T-SQL
13 8 (20.51%) Sybase
13 8 (20.51%) Reuters

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

For the 6 months to 10 February 2016, 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 Platforms
1 2 (5.13%) Oracle Coherence
Applications
1 1 (2.56%) MS Excel
1 1 (2.56%) Spreadsheet
Business Applications
1 8 (20.51%) Markit EDM
2 4 (10.26%) Front Arena
Database & Business Intelligence
1 11 (28.21%) SQL Server
2 2 (5.13%) SQL Server 2008
3 1 (2.56%) KDB
3 1 (2.56%) Microsoft Analysis Services
3 1 (2.56%) MongoDB
3 1 (2.56%) NoSQL
3 1 (2.56%) SQL Server Analysis Services
3 1 (2.56%) SQL Server Integration Services
3 1 (2.56%) SQL Server Reporting Services
Development Applications
1 8 (20.51%) ClearCase
1 8 (20.51%) ClearQuest
1 8 (20.51%) JIRA
1 8 (20.51%) Subversion
2 2 (5.13%) Visual Studio
3 1 (2.56%) Team Foundation Server
General
1 26 (66.67%) Banking
2 24 (61.54%) Investment Banking
3 19 (48.72%) Finance
3 19 (48.72%) Front Office
4 3 (7.69%) Back Office
Job Titles
1 20 (51.28%) Developer
2 8 (20.51%) Analyst
2 8 (20.51%) Business Analyst
2 8 (20.51%) Database Developer
2 8 (20.51%) Database Programmer
2 8 (20.51%) Programmer
2 8 (20.51%) Sybase Developer
3 6 (15.38%) Java Engineer
3 6 (15.38%) Java Software Engineer
3 6 (15.38%) Software Engineer
4 4 (10.26%) C# Developer
5 3 (7.69%) Java Developer
6 2 (5.13%) Agile Developer
6 2 (5.13%) Python Developer
7 1 (2.56%) Back Office Business Analyst
7 1 (2.56%) C# .NET Developer
7 1 (2.56%) C# WPF Developer
7 1 (2.56%) Derivatives Business Analyst
7 1 (2.56%) Derivatives Project Manager
7 1 (2.56%) Java Scala Developer
Libraries, Frameworks & Software Standards
1 7 (17.95%) .NET
2 4 (10.26%) HTML
2 4 (10.26%) RabbitMQ
3 3 (7.69%) .NET Framework
3 3 (7.69%) FpML
3 3 (7.69%) HTML5
4 2 (5.13%) JMS
4 2 (5.13%) LINQ
4 2 (5.13%) WCF
4 2 (5.13%) WinForms
5 1 (2.56%) ActiveMQ
5 1 (2.56%) FIX Protocol
5 1 (2.56%) MDX
5 1 (2.56%) Memcached
5 1 (2.56%) Spring
5 1 (2.56%) Web Services
5 1 (2.56%) WPF
5 1 (2.56%) XSLT
Miscellaneous
1 39 (100.00%) Derivative
2 20 (51.28%) Fixed Income
3 16 (41.03%) Equities
4 14 (35.90%) Foreign Exchange (FX)
5 8 (20.51%) Enterprise Software
6 6 (15.38%) Market Risk
7 4 (10.26%) Hedge funds
8 3 (7.69%) SWIFT
9 2 (5.13%) Computer Science
9 2 (5.13%) Equity Risk
9 2 (5.13%) Mathematics
10 1 (2.56%) Analytical Skills
10 1 (2.56%) Client/Server
Operating Systems
1 9 (23.08%) Unix
2 2 (5.13%) Linux
2 2 (5.13%) Windows
Processes & Methodologies
1 13 (33.33%) Agile Software Development
2 12 (30.77%) TDD
3 9 (23.08%) Analytics
3 9 (23.08%) Configuration Management
4 8 (20.51%) Issue Tracking
4 8 (20.51%) Migration
5 6 (15.38%) Business Analysis
5 6 (15.38%) Collateral Management
5 6 (15.38%) Pair Programming
5 6 (15.38%) Risk Management
5 6 (15.38%) Software Engineering
6 3 (7.69%) OO
7 2 (5.13%) Continuous Integration
7 2 (5.13%) Multithreading
7 2 (5.13%) OOD
8 1 (2.56%) BDD
8 1 (2.56%) Low Latency
8 1 (2.56%) Market Making
8 1 (2.56%) Time Management
8 1 (2.56%) User Stories
Programming Languages
1 19 (48.72%) C#
2 15 (38.46%) SQL
3 13 (33.33%) Java
4 9 (23.08%) Perl
5 8 (20.51%) T-SQL
6 4 (10.26%) JavaScript
6 4 (10.26%) Python
7 3 (7.69%) Scala
8 2 (5.13%) C++
9 1 (2.56%) PL/SQL
9 1 (2.56%) Shell Script
9 1 (2.56%) VBA
Qualifications
1 12 (30.77%) Degree
Quality Assurance & Compliance
1 1 (2.56%) EMIR
Vendors
1 8 (20.51%) DataSynapse
1 8 (20.51%) Reuters
1 8 (20.51%) Sybase
2 4 (10.26%) SunGard
3 3 (7.69%) Bloomberg
3 3 (7.69%) Oracle
4 2 (5.13%) Microsoft
5 1 (2.56%) DevExpress
5 1 (2.56%) TIBCO