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 24 July 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
24 Jul 2016
Same period 2015 Same period 2014
Derivatives
Rank 52 54 65
Rank change year-on-year
+2 +11
Contract jobs citing Derivative 10 13 5
As % of all contract IT jobs located in Glasgow 1.54% 1.50% 0.63%
As % of the Miscellaneous category 4.50% 4.92% 2.21%
Number of daily rates quoted 1 4 3
Median daily rate £400 £290 £375
Median daily rate % change year-on-year
+37.93% -22.66%
UK excluding London median daily rate £313 £450 £400
% change year-on-year
-30.55% +12.50%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £42.00
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
222 264 226
As % of all contract IT jobs located in Glasgow 34.26% 30.45% 28.64%
Number of daily rates quoted 130 120 108
Median daily rate £338 £340 £350
Median daily rate % change year-on-year
-0.73% -2.85%
90% offered a daily rate of more than £215 £250 £250
10% offered a daily rate of more than £450 £459 £441
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 1 13 2
Median hourly rate £16.50 £26.22 £94.00
Median hourly rate % change year-on-year
-37.07% -72.10%
UK excluding London median hourly rate £21.36 £18.00 £20.50
% change year-on-year
+18.63% -12.19%

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 24 July 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 13 (81.25%) Java
1 13 (81.25%) Equity Derivative
2 9 (56.25%) Linux
3 8 (50.00%) Finance
3 8 (50.00%) Unix
4 7 (43.75%) SQL
5 6 (37.50%) Perl
5 6 (37.50%) Sybase
5 6 (37.50%) Banking
5 6 (37.50%) Asset Management
6 5 (31.25%) Agile Software Development
6 5 (31.25%) DB2
6 5 (31.25%) J2SE
6 5 (31.25%) Equities
6 5 (31.25%) Analytical Skills
7 4 (25.00%) Analytics
7 4 (25.00%) SDLC
7 4 (25.00%) Stakeholder Management
7 4 (25.00%) OO
7 4 (25.00%) JUnit
7 4 (25.00%) C#
7 4 (25.00%) C++
7 4 (25.00%) Spring
7 4 (25.00%) Investment Banking
7 4 (25.00%) KDB
7 4 (25.00%) Multithreading
8 3 (18.75%) System Testing
8 3 (18.75%) Software Engineering
8 3 (18.75%) Python
8 3 (18.75%) OOD

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:

Database & Business Intelligence
1 5 (31.25%) DB2
2 4 (25.00%) KDB
3 3 (18.75%) RDBMS
3 3 (18.75%) Relational Database
4 1 (6.25%) Data Warehouse
Development Applications
1 4 (25.00%) JUnit
2 1 (6.25%) Grunt
2 1 (6.25%) Jasmine
2 1 (6.25%) Karma Test Runner
General
1 8 (50.00%) Finance
2 6 (37.50%) Banking
3 4 (25.00%) Investment Banking
4 2 (12.50%) Front Office
Job Titles
1 14 (87.50%) Developer
2 4 (25.00%) C++ Developer
3 3 (18.75%) SQL Developer
4 2 (12.50%) Analyst
4 2 (12.50%) Business Analyst
4 2 (12.50%) Java Developer
4 2 (12.50%) Market Risk Developer
5 1 (6.25%) Business Data Analyst
5 1 (6.25%) Data Analyst
5 1 (6.25%) Data Business Analyst
5 1 (6.25%) Database Developer
5 1 (6.25%) Java Scala Developer
5 1 (6.25%) Scala Developer
5 1 (6.25%) SQL Analyst
5 1 (6.25%) SQL Data Analyst
5 1 (6.25%) SQL Database Developer
5 1 (6.25%) Wealth Management Business Analyst
5 1 (6.25%) Web Developer
Libraries, Frameworks & Software Standards
1 5 (31.25%) J2SE
2 4 (25.00%) Spring
3 1 (6.25%) AngularJS
3 1 (6.25%) Boost C++ Libraries
3 1 (6.25%) CSS
3 1 (6.25%) D3.js
3 1 (6.25%) Highcharts JS
3 1 (6.25%) HTML
3 1 (6.25%) HTML5
3 1 (6.25%) JMS
3 1 (6.25%) jQuery
3 1 (6.25%) LESS
3 1 (6.25%) React
3 1 (6.25%) RxJS
3 1 (6.25%) Sass
3 1 (6.25%) Twitter Bootstrap
Miscellaneous
1 13 (81.25%) Equity Derivative
2 5 (31.25%) Analytical Skills
2 5 (31.25%) Equities
3 2 (12.50%) Market Risk
4 1 (6.25%) Foreign Exchange (FX)
4 1 (6.25%) OTC Derivatives
Operating Systems
1 9 (56.25%) Linux
2 8 (50.00%) Unix
Processes & Methodologies
1 6 (37.50%) Asset Management
2 5 (31.25%) Agile Software Development
3 4 (25.00%) Analytics
3 4 (25.00%) Multithreading
3 4 (25.00%) OO
3 4 (25.00%) SDLC
3 4 (25.00%) Stakeholder Management
4 3 (18.75%) OOD
4 3 (18.75%) Option Pricing Theory
4 3 (18.75%) Software Engineering
4 3 (18.75%) System Testing
4 3 (18.75%) Translating Business Requirements
5 2 (12.50%) Market Making
5 2 (12.50%) Unit Testing
6 1 (6.25%) Continuous Improvement
6 1 (6.25%) Data Analysis
6 1 (6.25%) Database Tuning
6 1 (6.25%) Open Source
6 1 (6.25%) Performance Tuning
6 1 (6.25%) User Acceptance Testing
Programming Languages
1 13 (81.25%) Java
2 7 (43.75%) SQL
3 6 (37.50%) Perl
4 4 (25.00%) C#
4 4 (25.00%) C++
5 3 (18.75%) Python
6 1 (6.25%) JavaScript
6 1 (6.25%) Scala
6 1 (6.25%) VBA
Quality Assurance & Compliance
1 1 (6.25%) Dodd-Frank
Vendors
1 6 (37.50%) Sybase
2 1 (6.25%) Reuters