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 average contractor rates offered in IT contracts that have cited Derivative over the 3 months to 30 June 2015 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
30 Jun 2015
Same period 2014 Same period 2013
Derivatives
Rank 54 57 62
Rank change year-on-year
+3 +5
Contract jobs citing Derivative 16 10 10
As % of all contract IT jobs located in Glasgow 1.84% 1.29% 1.12%
As % of the Miscellaneous category 6.11% 4.42% 3.42%
Number of daily rates quoted 8 7 5
Average daily rate
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of your Daily Rate
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£375 £375 £500
Average daily rate % change year-on-year
- -25.00%
90% offered a daily rate of more than £235 £355 £445
10% offered a daily rate of more than £415 £400 £555
UK excluding London average daily rate £425 £380 £450
% change year-on-year
+11.84% -15.55%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £42.00 £17.00
% change year-on-year
- +147.05%
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
262 226 292
As % of all contract IT jobs located in Glasgow 30.11% 29.24% 32.74%
Number of daily rates quoted 123 118 126
Average daily rate £350 £375 £375
Average daily rate % change year-on-year
-6.66% -
90% offered a daily rate of more than £250 £251 £225
10% offered a daily rate of more than £454 £425 £500
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 14 2 13
Average hourly rate £26.22 £94.00 £14.00
Average hourly rate % change year-on-year
-72.10% +571.42%
90% offered a hourly rate of more than £12.64 £11.50 £9.30
10% offered a hourly rate of more than £56.00 £94.00 £16.50
UK excluding London average hourly rate £18.90 £23.00 £20.00
% change year-on-year
-17.82% +15.00%

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
Daily Rate Histogram in Glasgow

This chart provides a histogram of daily rates quoted in contract IT jobs citing Derivative across the Glasgow region over the 3 months to 30 June 2015.

Derivative Daily Rate Histogram in Glasgow

Derivative
Top 30 Related IT Skills in Glasgow

For the 6 months to 30 June 2015, 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 20 (90.91%) SQL
2 17 (77.27%) Java
3 13 (59.09%) UNIX
3 13 (59.09%) Finance
3 13 (59.09%) Equity Derivative
4 10 (45.45%) Linux
4 10 (45.45%) Shell Script
5 9 (40.91%) Banking
6 8 (36.36%) Sybase
6 8 (36.36%) Python
6 8 (36.36%) Perl
6 8 (36.36%) C#
6 8 (36.36%) C++
7 7 (31.82%) T-SQL
7 7 (31.82%) J2EE
7 7 (31.82%) Sybase IQ
7 7 (31.82%) Sybase ASE
7 7 (31.82%) System Testing
7 7 (31.82%) Performance Tuning
7 7 (31.82%) Analytical Skills
8 5 (22.73%) Front Office
8 5 (22.73%) Investment Banking
8 5 (22.73%) FIX Protocol
9 4 (18.18%) KDB
9 4 (18.18%) Multithreading
9 4 (18.18%) Market Risk
9 4 (18.18%) Equities
10 3 (13.64%) Relational Database
10 3 (13.64%) Red Hat Enterprise Linux
10 3 (13.64%) Foreign Exchange (FX)

Derivative
Top Related IT Skills in Glasgow by Category

For the 6 months to 30 June 2015, 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.

Database & Business Intelligence
1 7 (31.82%) Sybase IQ
1 7 (31.82%) Sybase ASE
2 4 (18.18%) KDB
3 3 (13.64%) Relational Database
4 1 (4.55%) DB2
Development Applications
1 1 (4.55%) HP UFT
General
1 13 (59.09%) Finance
2 9 (40.91%) Banking
3 5 (22.73%) Investment Banking
3 5 (22.73%) Front Office
4 2 (9.09%) Legal
Job Titles
1 11 (50.00%) Developer
2 7 (31.82%) Java Developer
3 6 (27.27%) Systems Engineer
3 6 (27.27%) SQL Developer
3 6 (27.27%) Integration Engineer
3 6 (27.27%) Systems Integration Engineer
4 4 (18.18%) Analyst
5 2 (9.09%) Business Analyst
5 2 (9.09%) Market Risk Developer
6 1 (4.55%) Test Analyst
6 1 (4.55%) C# Developer
6 1 (4.55%) Applications Support Analyst
6 1 (4.55%) Senior Developer
6 1 (4.55%) Support Analyst
6 1 (4.55%) Applications Support
6 1 (4.55%) Functional Analyst
6 1 (4.55%) QA Analyst
6 1 (4.55%) Functional Test Analyst
6 1 (4.55%) Integration Specialist
6 1 (4.55%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 7 (31.82%) J2EE
2 5 (22.73%) FIX Protocol
3 3 (13.64%) Spring
4 2 (9.09%) .NET
4 2 (9.09%) Hibernate
5 1 (4.55%) ASP.NET
5 1 (4.55%) WCF
5 1 (4.55%) WPF
5 1 (4.55%) Silverlight
Miscellaneous
1 13 (59.09%) Equity Derivative
2 7 (31.82%) Analytical Skills
3 4 (18.18%) Market Risk
3 4 (18.18%) Equities
4 3 (13.64%) Foreign Exchange (FX)
5 2 (9.09%) Computer Science
Operating Systems
1 13 (59.09%) UNIX
2 10 (45.45%) Linux
3 3 (13.64%) Red Hat Enterprise Linux
Processes & Methodologies
1 7 (31.82%) System Testing
1 7 (31.82%) Performance Tuning
2 4 (18.18%) Multithreading
3 2 (9.09%) SDLC
4 1 (4.55%) Investment Management
4 1 (4.55%) Time Management
4 1 (4.55%) Functional Testing
4 1 (4.55%) Low Latency
4 1 (4.55%) MVC
4 1 (4.55%) Agile Software Development
4 1 (4.55%) Refactoring
4 1 (4.55%) Wealth Management
4 1 (4.55%) User Acceptance Testing
Programming Languages
1 20 (90.91%) SQL
2 17 (77.27%) Java
3 10 (45.45%) Shell Script
4 8 (36.36%) Python
4 8 (36.36%) Perl
4 8 (36.36%) C#
4 8 (36.36%) C++
5 7 (31.82%) T-SQL
Qualifications
1 2 (9.09%) Degree
Quality Assurance & Compliance
1 1 (4.55%) QA
Vendors
1 8 (36.36%) Sybase
2 2 (9.09%) Oracle