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 25 September 2016 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
25 Sep 2016
Same period 2015 Same period 2014
Derivatives
Rank 50 42 69
Rank change year-on-year
-8 +27
Contract jobs citing Derivative 10 31 6
As % of all contract IT jobs located in Glasgow 1.72% 3.39% 0.71%
As % of the Miscellaneous category 4.81% 12.02% 2.75%
Number of daily rates quoted 0 8 2
Median daily rate - £340 £425
Median daily rate % change year-on-year
- -20.00%
UK excluding London median daily rate £535 £475 £375
% change year-on-year
+12.63% +26.66%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £20.00 - -
Derivative
Scotland

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
208 258 218
As % of all contract IT jobs located in Glasgow 35.68% 28.23% 25.89%
Number of daily rates quoted 97 124 119
Median daily rate £345 £338 £325
Median daily rate % change year-on-year
+2.22% +3.84%
90% offered a daily rate of more than £195 £224 £171
10% offered a daily rate of more than £450 £450 £461
UK excluding London median daily rate £375 £378 £350
% change year-on-year
-0.79% +8.00%
Number of hourly rates quoted 5 6 4
Median hourly rate £21.00 £18.68 £15.77
Median hourly rate % change year-on-year
+12.44% +18.42%
90% offered a hourly rate of more than £18.30 £12.35 £12.00
10% offered a hourly rate of more than £45.40 £61.25 £27.25
UK excluding London median hourly rate £22.00 £19.00 £18.00
% change year-on-year
+15.78% +5.55%

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 25 September 2016, 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 14 (82.35%) Java
1 14 (82.35%) Equity Derivative
2 10 (58.82%) Linux
3 9 (52.94%) Unix
4 8 (47.06%) Finance
5 7 (41.18%) SQL
5 7 (41.18%) Sybase
6 6 (35.29%) Perl
6 6 (35.29%) Banking
6 6 (35.29%) Asset Management
6 6 (35.29%) Analytical Skills
7 5 (29.41%) Investment Banking
7 5 (29.41%) Agile Software Development
7 5 (29.41%) J2SE
7 5 (29.41%) DB2
7 5 (29.41%) C#
7 5 (29.41%) Equities
8 4 (23.53%) C++
8 4 (23.53%) JUnit
8 4 (23.53%) OO
8 4 (23.53%) Python
8 4 (23.53%) Spring
8 4 (23.53%) KDB
8 4 (23.53%) Multithreading
8 4 (23.53%) System Testing
8 4 (23.53%) Analytics
8 4 (23.53%) SDLC
8 4 (23.53%) Kdb+
9 3 (17.65%) Option Pricing Theory
9 3 (17.65%) Relational Database

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 (5.88%) MS Excel
1 1 (5.88%) MS Office
Database & Business Intelligence
1 5 (29.41%) DB2
2 4 (23.53%) KDB
2 4 (23.53%) Kdb+
3 3 (17.65%) RDBMS
3 3 (17.65%) Relational Database
Development Applications
1 4 (23.53%) JUnit
2 1 (5.88%) Grunt
2 1 (5.88%) Jasmine
2 1 (5.88%) Karma Test Runner
General
1 8 (47.06%) Finance
2 6 (35.29%) Banking
3 5 (29.41%) Investment Banking
4 2 (11.76%) Front Office
5 1 (5.88%) Marketing
Job Titles
1 15 (88.24%) Developer
2 4 (23.53%) C++ Developer
2 4 (23.53%) KDB Developer
2 4 (23.53%) SQL Developer
3 2 (11.76%) Analyst
3 2 (11.76%) Java Developer
3 2 (11.76%) Market Risk Developer
4 1 (5.88%) Business Analyst
4 1 (5.88%) Database Developer
4 1 (5.88%) Java Scala Developer
4 1 (5.88%) PMO Analyst
4 1 (5.88%) Risk Analyst
4 1 (5.88%) Scala Developer
4 1 (5.88%) SQL Database Developer
4 1 (5.88%) Sybase Developer
4 1 (5.88%) Wealth Management Business Analyst
4 1 (5.88%) Web Developer
Libraries, Frameworks & Software Standards
1 5 (29.41%) J2SE
2 4 (23.53%) Spring
3 1 (5.88%) AngularJS
3 1 (5.88%) Boost C++ Libraries
3 1 (5.88%) CSS
3 1 (5.88%) D3.js
3 1 (5.88%) Highcharts JS
3 1 (5.88%) HTML
3 1 (5.88%) HTML5
3 1 (5.88%) JMS
3 1 (5.88%) jQuery
3 1 (5.88%) LESS
3 1 (5.88%) React
3 1 (5.88%) RxJS
3 1 (5.88%) Sass
3 1 (5.88%) Twitter Bootstrap
Miscellaneous
1 14 (82.35%) Equity Derivative
2 6 (35.29%) Analytical Skills
3 5 (29.41%) Equities
4 2 (11.76%) Market Risk
5 1 (5.88%) Foreign Exchange (FX)
5 1 (5.88%) Management Information System
5 1 (5.88%) OTC Derivatives
Operating Systems
1 10 (58.82%) Linux
2 9 (52.94%) Unix
Processes & Methodologies
1 6 (35.29%) Asset Management
2 5 (29.41%) Agile Software Development
3 4 (23.53%) Analytics
3 4 (23.53%) Multithreading
3 4 (23.53%) OO
3 4 (23.53%) SDLC
3 4 (23.53%) System Testing
4 3 (17.65%) OOD
4 3 (17.65%) Option Pricing Theory
4 3 (17.65%) Software Engineering
4 3 (17.65%) Stakeholder Management
4 3 (17.65%) Translating Business Requirements
5 2 (11.76%) Market Making
5 2 (11.76%) Unit Testing
6 1 (5.88%) Continuous Improvement
6 1 (5.88%) Internal Audit
6 1 (5.88%) Performance Tuning
6 1 (5.88%) Threat Management
6 1 (5.88%) Trend Analysis
6 1 (5.88%) User Acceptance Testing
Programming Languages
1 14 (82.35%) Java
2 7 (41.18%) SQL
3 6 (35.29%) Perl
4 5 (29.41%) C#
5 4 (23.53%) C++
5 4 (23.53%) Python
6 1 (5.88%) JavaScript
6 1 (5.88%) Scala
6 1 (5.88%) VBA
Qualifications
1 1 (5.88%) CGEIT
1 1 (5.88%) CISA
1 1 (5.88%) CISM
1 1 (5.88%) CRISC
Quality Assurance & Compliance
1 1 (5.88%) COBIT
1 1 (5.88%) Dodd-Frank
1 1 (5.88%) ISO/IEC 27001
1 1 (5.88%) Sarbanes-Oxley
Vendors
1 7 (41.18%) Sybase
2 1 (5.88%) Microsoft
2 1 (5.88%) Reuters