The first table below looks at the prevalence of the term Derivative in IT contracts advertised for the Glasgow region. Included is a guide to the average contractor rates offered in IT contracts that have cited Derivative over the 3 months to 18 April 2014 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 Glasgow 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
18 Apr 2014
Same period 2013 Same period 2012
Derivatives
Rank 57 64 55
Rank change year-on-year
+7 -9
Contract jobs citing Derivative 11 14 5
As % of all contract IT jobs located in Glasgow 1.60% 1.55% 0.65%
As % of the Miscellaneous category 7.53% 6.31% 3.60%
Number of daily rates quoted 6 6 0
Average daily rate £375 £338 -
Average daily rate % change year-on-year
+11.11% -
UK excluding London average daily rate £375 £354 £400
% change year-on-year
+6.00% -11.56%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £27.25 £25.00
% change year-on-year
- +9.00%
Miscellaneous Category
Glasgow
Contract IT job ads with a match in the
Miscellaneous category
146 222 139
As % of all contract IT jobs located in Glasgow 21.25% 24.53% 17.98%
Number of daily rates quoted 83 102 68
Average daily rate £363 £353 £325
Average daily rate % change year-on-year
+2.83% +8.46%
90% offered a daily rate of more than £188 £255 £237
10% offered a daily rate of more than £400 £500 £425
UK excluding London average daily rate £345 £340 £350
% change year-on-year
+1.47% -2.85%
Number of hourly rates quoted 3 8 15
Average hourly rate £15.50 £11.92 £25.00
Average hourly rate % change year-on-year
+30.03% -52.32%
UK excluding London average hourly rate £17.50 £21.00 £25.00
% change year-on-year
-16.66% -16.00%
Derivative
Scotland

Derivative
Jobs Demand Trend in Glasgow

This chart provides a 3-month moving total of IT contractor jobs citing Derivative across the Glasgow region as a proportion of the total demand within 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 April 2014, IT contractor jobs across the Glasgow 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 11 (73.33%) SQL
2 8 (53.33%) Shell Script
3 7 (46.67%) UNIX
3 7 (46.67%) Sybase
3 7 (46.67%) Equity Derivative
4 6 (40.00%) FIX Protocol
4 6 (40.00%) Sybase IQ
4 6 (40.00%) Equities
4 6 (40.00%) Banking
4 6 (40.00%) KDB
4 6 (40.00%) System Testing
4 6 (40.00%) C#
4 6 (40.00%) C++
4 6 (40.00%) Java
4 6 (40.00%) Perl
4 6 (40.00%) Linux
4 6 (40.00%) Python
4 6 (40.00%) Finance
5 5 (33.33%) Front Office
5 5 (33.33%) OO
5 5 (33.33%) .NET
5 5 (33.33%) Multithreading
5 5 (33.33%) Boost C++ Libraries
6 4 (26.67%) Market Risk
6 4 (26.67%) Foreign Exchange (FX)
7 2 (13.33%) Business Analysis
8 1 (6.67%) REST
8 1 (6.67%) Relational Database
8 1 (6.67%) EMIR
8 1 (6.67%) Dodd-Frank

Derivative
Top Related IT Skills in Glasgow by Category

For the 6 months to 18 April 2014, IT contractor jobs across the Glasgow 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.

Business Applications
1 1 (6.67%) MultiFonds
Database & Business Intelligence
1 6 (40.00%) Sybase IQ
1 6 (40.00%) KDB
2 1 (6.67%) Relational Database
2 1 (6.67%) RDBMS
Development Applications
1 1 (6.67%) Maven
1 1 (6.67%) Ant
General
1 6 (40.00%) Banking
1 6 (40.00%) Finance
2 5 (33.33%) Front Office
3 1 (6.67%) Investment Banking
Job Titles
1 12 (80.00%) Developer
2 5 (33.33%) C++ Developer
3 4 (26.67%) SQL Developer
4 3 (20.00%) Sybase Developer
5 2 (13.33%) Business Analyst
5 2 (13.33%) Analyst
6 1 (6.67%) Java Developer
6 1 (6.67%) Systems Engineer
6 1 (6.67%) Senior Business Analyst
6 1 (6.67%) Integration Engineer
6 1 (6.67%) Systems Integration Engineer
6 1 (6.67%) Senior Analyst
Libraries, Frameworks & Software Standards
1 6 (40.00%) FIX Protocol
2 5 (33.33%) .NET
2 5 (33.33%) Boost C++ Libraries
3 1 (6.67%) REST
3 1 (6.67%) GWT
3 1 (6.67%) Servlets
3 1 (6.67%) SOAP
3 1 (6.67%) Web Services
Miscellaneous
1 7 (46.67%) Equity Derivative
2 6 (40.00%) Equities
3 4 (26.67%) Market Risk
3 4 (26.67%) Foreign Exchange (FX)
Operating Systems
1 7 (46.67%) UNIX
2 6 (40.00%) Linux
3 1 (6.67%) Red Hat Enterprise Linux
Processes & Methodologies
1 6 (40.00%) System Testing
2 5 (33.33%) OO
2 5 (33.33%) Multithreading
3 2 (13.33%) Business Analysis
4 1 (6.67%) Business Process Mapping
4 1 (6.67%) User Acceptance Testing
4 1 (6.67%) Investment Management
4 1 (6.67%) Fund Accounting
4 1 (6.67%) Asset Management
4 1 (6.67%) Data Analysis
4 1 (6.67%) Wealth Management
4 1 (6.67%) Migration
4 1 (6.67%) Stakeholder Management
4 1 (6.67%) UML
4 1 (6.67%) RUP
Programming Languages
1 11 (73.33%) SQL
2 8 (53.33%) Shell Script
3 6 (40.00%) C#
3 6 (40.00%) C++
3 6 (40.00%) Java
3 6 (40.00%) Perl
3 6 (40.00%) Python
Quality Assurance & Compliance
1 1 (6.67%) EMIR
1 1 (6.67%) Dodd-Frank
Vendors
1 7 (46.67%) Sybase