The table below looks at the prevalence of the term Derivative in IT contracts advertised for the Glasgow region. Included is a guide to the contractor rates offered in IT contracts that have cited Derivative over the 3 months to 18 January 2017 with a comparison to the same period over 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.

3 months to
18 Jan 2017
Same period 2016 Same period 2015
Derivatives
Scotland / Glasgow
Rank 46 51 -
Rank change year-on-year
+5 -
Contract jobs citing Derivative 4 7 0
As % of all contract IT jobs located in Glasgow 0.81% 1.02% -
As % of the Miscellaneous category 2.20% 3.41% -
Number of daily rates quoted 0 1 0
Median daily rate - £338 -
UK excluding London median daily rate £500 £313 £418
% change year-on-year
+60.00% -25.14%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £28.69

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the Glasgow region.

Miscellaneous Category
Glasgow
Contract IT job ads with a match in the
Miscellaneous category
182 205 164
As % of all contract IT jobs located in Glasgow 36.69% 30.01% 22.62%
Number of daily rates quoted 90 122 92
Median daily rate £375 £300 £310
Median daily rate % change year-on-year
+25.00% -3.22%
90% offered a daily rate of more than £125 £130 £113
10% offered a daily rate of more than £475 £500 £451
UK excluding London median daily rate £398 £375 £365
% change year-on-year
+6.00% +2.73%
Number of hourly rates quoted 1 2 2
Median hourly rate £11.33 £31.96 £15.77
Median hourly rate % change year-on-year
-64.54% +102.63%
UK excluding London median hourly rate £19.00 £21.50 £17.50
% change year-on-year
-11.62% +22.85%

Derivative
Jobs Demand Trend in Glasgow

The demand trend of contract jobs across the Glasgow region citing Derivative as a proportion of all IT contracts with a match in the Miscellaneous category.

Derivative Jobs Demand Trend in Glasgow

Derivative
Daily Rate Trend in Glasgow

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

Derivative Daily Rate Trend in Glasgow

Derivative
Top 30 Related IT Skills in Glasgow

For the 6 months to 18 January 2017, IT contractor jobs citing Derivative also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Glasgow region with a requirement for Derivative.

1 7 (87.50%) Java
2 5 (62.50%) SQL
2 5 (62.50%) Unix
2 5 (62.50%) Equity Derivative
3 4 (50.00%) Banking
4 3 (37.50%) Agile Software Development
4 3 (37.50%) Spring
4 3 (37.50%) Linux
4 3 (37.50%) DB2
4 3 (37.50%) Relational Database
5 2 (25.00%) Option Pricing Theory
5 2 (25.00%) OTC Derivatives
5 2 (25.00%) Kdb+
5 2 (25.00%) Jenkins
5 2 (25.00%) Shell Script
5 2 (25.00%) Finance
5 2 (25.00%) Perforce
5 2 (25.00%) Scrum
5 2 (25.00%) Equities
5 2 (25.00%) C#
5 2 (25.00%) Sybase
5 2 (25.00%) SOAP
5 2 (25.00%) XML
5 2 (25.00%) Ant
5 2 (25.00%) JUnit
5 2 (25.00%) OOA/OOD
5 2 (25.00%) OO
5 2 (25.00%) Python
5 2 (25.00%) Maven
5 2 (25.00%) Investment Banking

Derivative
Top Related IT Skills in Glasgow by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 1 (12.50%) MS Excel
1 1 (12.50%) MS Office
Database & Business Intelligence
1 3 (37.50%) DB2
1 3 (37.50%) Relational Database
2 2 (25.00%) KDB
2 2 (25.00%) Kdb+
3 1 (12.50%) RDBMS
Development Applications
1 2 (25.00%) Ant
1 2 (25.00%) Git (software)
1 2 (25.00%) Gradle
1 2 (25.00%) Hudson
1 2 (25.00%) Jenkins
1 2 (25.00%) JUnit
1 2 (25.00%) Maven
2 1 (12.50%) Concordion
2 1 (12.50%) JBehave
General
1 4 (50.00%) Banking
2 2 (25.00%) Finance
2 2 (25.00%) Investment Banking
3 1 (12.50%) Marketing
Job Titles
1 7 (87.50%) Developer
2 3 (37.50%) Java Developer
3 2 (25.00%) KDB Developer
3 2 (25.00%) SQL Developer
4 1 (12.50%) Analyst
4 1 (12.50%) Core Java Developer
4 1 (12.50%) Database Developer
4 1 (12.50%) Java Scala Developer
4 1 (12.50%) PMO Analyst
4 1 (12.50%) Risk Analyst
4 1 (12.50%) Scala Developer
4 1 (12.50%) SQL Database Developer
4 1 (12.50%) Sybase Developer
Libraries, Frameworks & Software Standards
1 3 (37.50%) Spring
2 2 (25.00%) JSON
2 2 (25.00%) SOAP
2 2 (25.00%) XML
3 1 (12.50%) J2SE
3 1 (12.50%) Protocol Buffers
Miscellaneous
1 5 (62.50%) Equity Derivative
2 2 (25.00%) Equities
2 2 (25.00%) OTC Derivatives
3 1 (12.50%) Analytical Skills
3 1 (12.50%) Management Information System
Operating Systems
1 5 (62.50%) Unix
2 3 (37.50%) Linux
Processes & Methodologies
1 3 (37.50%) Agile Software Development
2 2 (25.00%) Analytics
2 2 (25.00%) Asset Management
2 2 (25.00%) OO
2 2 (25.00%) OOA/OOD
2 2 (25.00%) Option Pricing Theory
2 2 (25.00%) Scrum
2 2 (25.00%) System Testing
2 2 (25.00%) TDD
3 1 (12.50%) Continuous Deployment
3 1 (12.50%) Continuous Integration
3 1 (12.50%) Information Security
3 1 (12.50%) Internal Audit
3 1 (12.50%) Market Making
3 1 (12.50%) Microservices
3 1 (12.50%) Project Management
3 1 (12.50%) Risk Assessment
3 1 (12.50%) Software Delivery
3 1 (12.50%) Threat Management
3 1 (12.50%) User Acceptance Testing
Programming Languages
1 7 (87.50%) Java
2 5 (62.50%) SQL
3 2 (25.00%) C#
3 2 (25.00%) Python
3 2 (25.00%) Shell Script
4 1 (12.50%) Perl
4 1 (12.50%) Scala
4 1 (12.50%) VBA
Qualifications
1 1 (12.50%) CGEIT
1 1 (12.50%) CISA
1 1 (12.50%) CISM
1 1 (12.50%) CRISC
Quality Assurance & Compliance
1 1 (12.50%) COBIT
1 1 (12.50%) Dodd-Frank
1 1 (12.50%) ISO/IEC 27001
1 1 (12.50%) MiFID
1 1 (12.50%) Sarbanes-Oxley
System Software
1 1 (12.50%) Docker
Vendors
1 2 (25.00%) Perforce
1 2 (25.00%) Sybase
2 1 (12.50%) Microsoft