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 24 May 2013 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
24 May 2013
Same period 2012 Same period 2011
Derivatives
Rank 64 58 60
Rank change year-on-year
-6 +2
Contract jobs citing Derivative 12 4 4
As % of all contract IT jobs located in Glasgow 1.286% 0.508% 0.576%
As % of the Miscellaneous category 4.580% 2.963% 4.348%
Number of daily rates quoted 6 0 2
Average daily rate £450 - £395
90% offered a daily rate of more than £319 - £379
10% offered a daily rate of more than £550 - £411
UK excluding London average daily rate £425 £400 £390
% change year-on-year
+6.25% +2.56%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £17.00 £22.50 -
% change year-on-year
-24.44% -
All of the Miscellaneous Category
Glasgow
Contract IT job ads with a match in the
Miscellaneous category
262 135 92
As % of all contract IT jobs located in Glasgow 28.08% 17.15% 13.26%
Number of daily rates quoted 114 62 58
Average daily rate £360 £350 £350
Average daily rate % change year-on-year
+2.85% -
90% offered a daily rate of more than £270 £198 £209
10% offered a daily rate of more than £500 £428 £425
UK excluding London average daily rate £350 £345 £340
% change year-on-year
+1.44% +1.47%
Number of hourly rates quoted 7 13 5
Average hourly rate £14.00 £25.00 £30.00
Average hourly rate % change year-on-year
-44.00% -16.66%
90% offered a hourly rate of more than £11.89 £12.00 £20.40
10% offered a hourly rate of more than £14.20 £26.00 £121.00
UK excluding London average hourly rate £22.50 £22.50 £26.00
% change year-on-year
- -13.46%
Derivative
Scotland

Derivative
Jobs Demand Trend

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.

Glasgow Derivative Jobs Demand Trend

Derivative
Daily Rate Trend

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

Glasgow Derivative Daily Rate Trend

Derivative
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Derivative across the Glasgow region over the 3 months to 24 May 2013.

Glasgow Derivative Daily Rate Histogram

Derivative
Top 30 Related IT Skills

For the 6 months to 24 May 2013, 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 (60.61%) Java
2 19 (57.58%) Finance
2 19 (57.58%) Equity Derivative
3 15 (45.45%) UNIX
4 14 (42.42%) Shell Script
5 13 (39.39%) SQL
6 12 (36.36%) C#
7 11 (33.33%) Sybase
7 11 (33.33%) Linux
7 11 (33.33%) Banking
8 9 (27.27%) Investment Banking
8 9 (27.27%) C++
9 8 (24.24%) Risk Management
10 7 (21.21%) Perl
10 7 (21.21%) Data Warehouse
11 6 (18.18%) Sybase IQ
11 6 (18.18%) Regression Testing
11 6 (18.18%) Software Testing
11 6 (18.18%) QA
12 5 (15.15%) Manual Testing
12 5 (15.15%) Test Automation
12 5 (15.15%) Sun
12 5 (15.15%) VB
12 5 (15.15%) VBA
12 5 (15.15%) Solaris
13 4 (12.12%) JUnit
13 4 (12.12%) Windows
13 4 (12.12%) .NET
13 4 (12.12%) RDBMS
13 4 (12.12%) JMS

Derivative
Top Related IT Skills by Category

For the 6 months to 24 May 2013, 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.

Application Development
1 4 (12.12%) .NET
1 4 (12.12%) JMS
1 4 (12.12%) Spring
2 3 (9.091%) J2SE
3 2 (6.061%) J2EE
3 2 (6.061%) SOAP
3 2 (6.061%) WinForms
3 2 (6.061%) RESTful
3 2 (6.061%) Smart GWT
4 1 (3.030%) ASP.NET MVC
4 1 (3.030%) FIX Protocol
4 1 (3.030%) JSON
4 1 (3.030%) WPF
4 1 (3.030%) ASP.NET
Application Platforms
1 2 (6.061%) Tomcat
Communications & Networking
1 2 (6.061%) FTP
2 1 (3.030%) HTTP
Database & Business Intelligence
1 7 (21.21%) Data Warehouse
2 6 (18.18%) Sybase IQ
3 4 (12.12%) RDBMS
4 2 (6.061%) NoSQL
5 1 (3.030%) MongoDB
5 1 (3.030%) KDB
5 1 (3.030%) Sybase ASE
Development Applications
1 4 (12.12%) JUnit
2 2 (6.061%) QuickTest Pro
2 2 (6.061%) Eclipse
2 2 (6.061%) JIRA
2 2 (6.061%) Maven
3 1 (3.030%) Cucumber
3 1 (3.030%) TestComplete
3 1 (3.030%) Selenium
3 1 (3.030%) ClearCase
General
1 19 (57.58%) Finance
2 11 (33.33%) Banking
3 9 (27.27%) Investment Banking
4 2 (6.061%) Front Office
4 2 (6.061%) Back Office
4 2 (6.061%) Legal
5 1 (3.030%) Retail
Job Titles
1 15 (45.45%) Developer
2 11 (33.33%) Analyst
3 7 (21.21%) Java Developer
4 6 (18.18%) Business Analyst
5 5 (15.15%) Sybase Developer
5 5 (15.15%) C# Developer
6 4 (12.12%) C++ Developer
6 4 (12.12%) C++/Java Developer
6 4 (12.12%) C++/C# Developer
7 3 (9.091%) Test Analyst
7 3 (9.091%) Senior Developer
8 2 (6.061%) Project Manager
8 2 (6.061%) IT Project Manager
8 2 (6.061%) Project Analyst
8 2 (6.061%) IT Business Analyst
8 2 (6.061%) Senior Java Developer
9 1 (3.030%) Market Risk Developer
9 1 (3.030%) QA Consultant
9 1 (3.030%) RAD Developer
9 1 (3.030%) Java Team Leader
Miscellaneous
1 19 (57.58%) Equity Derivative
2 4 (12.12%) Equities
3 3 (9.091%) Credit Risk
3 3 (9.091%) Market Risk
4 2 (6.061%) Cloud Computing
5 1 (3.030%) Swaptions
5 1 (3.030%) Foreign Exchange (FX)
Operating Systems
1 15 (45.45%) UNIX
2 11 (33.33%) Linux
3 5 (15.15%) Solaris
4 4 (12.12%) Windows
5 1 (3.030%) Red Hat Enterprise Linux
Processes & Methodologies
1 8 (24.24%) Risk Management
2 6 (18.18%) Regression Testing
2 6 (18.18%) Software Testing
3 5 (15.15%) Manual Testing
3 5 (15.15%) Test Automation
4 4 (12.12%) OO
4 4 (12.12%) Electronic Trading
4 4 (12.12%) User Acceptance Testing
5 3 (9.091%) Unit Testing
6 2 (6.061%) Code Coverage
6 2 (6.061%) Data Modelling
6 2 (6.061%) Disaster Recovery
6 2 (6.061%) Workflow
6 2 (6.061%) Migration
6 2 (6.061%) Release Management
6 2 (6.061%) Agile Software Development
6 2 (6.061%) Test Scripting
6 2 (6.061%) Continuous Integration
6 2 (6.061%) System Testing
7 1 (3.030%) Data Transformation
Programming Languages
1 20 (60.61%) Java
2 14 (42.42%) Shell Script
3 13 (39.39%) SQL
4 12 (36.36%) C#
5 9 (27.27%) C++
6 7 (21.21%) Perl
7 5 (15.15%) VB
7 5 (15.15%) VBA
8 3 (9.091%) Python
9 2 (6.061%) Jython
9 2 (6.061%) Korn
9 2 (6.061%) Bash shell
10 1 (3.030%) Scala
Qualifications
1 2 (6.061%) Degree
Quality Assurance & Compliance
1 6 (18.18%) QA
2 1 (3.030%) FATCA
Systems Management
1 3 (9.091%) Control-M
Vendors
1 11 (33.33%) Sybase
2 5 (15.15%) Sun