The table below looks at the prevalence of the term Derivative in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Derivative over the 3 months to 29 August 2014 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
29 Aug 2014
Same period 2013 Same period 2012
Derivatives
Rank 113 47 40
Rank change year-on-year
-66 -7
Contract jobs citing Derivative 464 1007 1106
As % of all contract IT jobs located in London 1.91% 4.03% 4.25%
As % of the Miscellaneous category 6.25% 12.48% 13.45%
Number of daily rates quoted 352 810 914
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£575 £550 £558
Average daily rate % change year-on-year
+4.54% -1.43%
90% offered a daily rate of more than £425 £425 £425
10% offered a daily rate of more than £650 £700 £650
UK excluding London average daily rate £375 £450 £375
% change year-on-year
-16.66% +20.00%
Number of hourly rates quoted 1 0 0
Average hourly rate £22.50 - -
UK excluding London average hourly rate - £90.00 -
Derivative
England

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the London region.

Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
7423 8071 8221
As % of all contract IT jobs located in London 30.51% 32.26% 31.56%
Number of daily rates quoted 4929 5559 5615
Average daily rate £450 £460 £475
Average daily rate % change year-on-year
-2.17% -3.15%
90% offered a daily rate of more than £280 £275 £275
10% offered a daily rate of more than £629 £629 £625
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 161 173 220
Average hourly rate £18.00 £20.00 £22.32
Average hourly rate % change year-on-year
-10.00% -10.39%
90% offered a hourly rate of more than £14.04 £13.20 £13.00
10% offered a hourly rate of more than £45.00 £47.00 £40.00
UK excluding London average hourly rate £19.00 £17.50 £29.00
% change year-on-year
+8.57% -39.65%

Derivative
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing Derivative across the London region as a proportion of the total demand within the Miscellaneous category.

Derivative Jobs Demand Trend in London

Derivative
Daily Rate Trend in London

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

Derivative Daily Rate Trend in London

Derivative
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Derivative across the London region over the 3 months to 29 August 2014.

Derivative Daily Rate Histogram in London

Derivative
Hourly Rate Trend in London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Derivative across the London region.

Derivative Hourly Rate Trend in London

Derivative
Contract Job Locations in London

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Derivative within the London region over the 3 months to 29 August 2014. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London -45 139 £575 +4.54% 79
Docklands, London +7 4 £425 -19.04% 1
Canary Wharf - - - -
West Drayton - - - -
Derivative
England

Derivative
Top 30 Related IT Skills in London

For the 6 months to 29 August 2014, IT contractor jobs across the London 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.

1 455 (43.09%) Banking
2 424 (40.15%) Finance
3 413 (39.11%) Front Office
4 328 (31.06%) Investment Banking
5 324 (30.68%) SQL
6 307 (29.07%) Fixed Income
7 272 (25.76%) Foreign Exchange (FX)
8 232 (21.97%) Java
9 201 (19.03%) Equities
10 186 (17.61%) Oracle
11 179 (16.95%) C#
12 163 (15.44%) Credit Derivative
13 149 (14.11%) Equity Derivative
14 148 (14.02%) C++
15 136 (12.88%) UNIX
16 125 (11.84%) Risk Management
17 121 (11.46%) Business Analysis
18 120 (11.36%) Back Office
19 117 (11.08%) Python
20 113 (10.70%) Agile Software Development
21 111 (10.51%) XML
22 109 (10.32%) Analytics
23 103 (9.75%) OO
23 103 (9.75%) .NET
24 102 (9.66%) Linux
25 99 (9.38%) SQL Server
26 91 (8.62%) Windows
27 87 (8.24%) EMIR
28 85 (8.05%) TDD
28 85 (8.05%) Credit Risk

Derivative
Top Related IT Skills in London by Category

For the 6 months to 29 August 2014, IT contractor jobs across the London 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 Platforms
1 27 (2.56%) WebSphere
2 14 (1.33%) Oracle Coherence
3 9 (0.85%) Confluence
4 7 (0.66%) WebSphere Application Server
5 6 (0.57%) IIS
6 5 (0.47%) TIBCO EMS
7 4 (0.38%) WebLogic
8 3 (0.28%) Tomcat
9 2 (0.19%) MQSeries
9 2 (0.19%) SharePoint
9 2 (0.19%) Oracle Workflow
9 2 (0.19%) Elasticsearch
10 1 (0.095%) GemFire
10 1 (0.095%) Apache
Applications
1 40 (3.79%) MS Excel
2 19 (1.80%) MS PowerPoint
3 18 (1.70%) MS Office
4 15 (1.42%) MS Visio
5 13 (1.23%) MS Project
6 5 (0.47%) Spreadsheet
Business Applications
1 24 (2.27%) Markit EDM
2 12 (1.14%) SunGard GMI
3 8 (0.76%) ION MarketView
3 8 (0.76%) Summit
4 7 (0.66%) LatentZero
4 7 (0.66%) IntelliMatch
5 5 (0.47%) Endur
5 5 (0.47%) RMDS
6 3 (0.28%) Salerio
6 3 (0.28%) Eagle PACE
7 2 (0.19%) Oracle BPM
7 2 (0.19%) Rolfe and Nolan
7 2 (0.19%) Oracle 11i
7 2 (0.19%) Tesseract
7 2 (0.19%) Minerva
7 2 (0.19%) Sentinel
7 2 (0.19%) Front Arena
8 1 (0.095%) LongView
8 1 (0.095%) SAP MDM
8 1 (0.095%) SAP Oil and Gas
Cloud Services
1 2 (0.19%) Microsoft Azure
1 2 (0.19%) Amazon AWS
2 1 (0.095%) PaaS
2 1 (0.095%) IaaS
Communications & Networking
1 8 (0.76%) DSL
2 7 (0.66%) TCP/IP
3 6 (0.57%) Internet
4 5 (0.47%) Multicast
5 4 (0.38%) Firewall
6 2 (0.19%) SNMP
6 2 (0.19%) BGP
7 1 (0.095%) MPLS
7 1 (0.095%) OSPF
7 1 (0.095%) VPN
7 1 (0.095%) DNS
7 1 (0.095%) LAN
7 1 (0.095%) WAN
7 1 (0.095%) Wireshark
7 1 (0.095%) Network Security
7 1 (0.095%) Cisco ASA
7 1 (0.095%) tcpdump
7 1 (0.095%) FWSM
7 1 (0.095%) Cisco Nexus
7 1 (0.095%) EIGRP
Database & Business Intelligence
1 99 (9.38%) SQL Server
2 56 (5.30%) Relational Database
3 53 (5.02%) Oracle Database
4 23 (2.18%) Oracle Database 10g
5 20 (1.89%) SQL Server Integration Services
6 19 (1.80%) SQL Server Reporting Services
7 18 (1.70%) SQL Server 2008
8 17 (1.61%) PostgreSQL
9 16 (1.52%) ObjectStore
10 14 (1.33%) Data Mining
11 13 (1.23%) RDBMS
12 11 (1.04%) Data Warehouse
13 9 (0.85%) DTS
13 9 (0.85%) Oracle Database 11g
14 6 (0.57%) MS Access
15 5 (0.47%) OLAP
15 5 (0.47%) KDB
15 5 (0.47%) Hadoop
15 5 (0.47%) MongoDB
15 5 (0.47%) Apache Cassandra
Development Applications
1 30 (2.84%) JIRA
2 21 (1.99%) Visual Studio
3 18 (1.70%) Subversion
4 16 (1.52%) TeamCity
5 13 (1.23%) Team Foundation Server
5 13 (1.23%) JUnit
6 12 (1.14%) CruiseControl
7 9 (0.85%) Ant
7 9 (0.85%) Maven
7 9 (0.85%) Eclipse
8 8 (0.76%) Jenkins
9 6 (0.57%) IntelliJ
9 6 (0.57%) QuickTest Pro
10 5 (0.47%) Hudson
10 5 (0.47%) Git (software)
11 4 (0.38%) FitNesse
12 3 (0.28%) Selenium
12 3 (0.28%) Build Forge
12 3 (0.28%) Gradle
13 2 (0.19%) Cucumber
General
1 455 (43.09%) Banking
2 424 (40.15%) Finance
3 413 (39.11%) Front Office
4 328 (31.06%) Investment Banking
5 120 (11.36%) Back Office
6 24 (2.27%) Financial Institution
7 19 (1.80%) Legal
8 8 (0.76%) Publishing
9 7 (0.66%) Advertising
10 5 (0.47%) General Ledger
11 4 (0.38%) French Language
11 4 (0.38%) Games
12 3 (0.28%) Retail
12 3 (0.28%) Wholesale Banking
13 1 (0.095%) International Banking
13 1 (0.095%) Marketing
13 1 (0.095%) German Language
13 1 (0.095%) Italian Language
13 1 (0.095%) Telecoms
Job Titles
1 445 (42.14%) Analyst
2 358 (33.90%) Developer
3 266 (25.19%) Business Analyst
4 105 (9.94%) Java Developer
5 98 (9.28%) Project Manager
6 73 (6.91%) C# Developer
7 58 (5.49%) Support Analyst
8 54 (5.11%) C++ Developer
8 54 (5.11%) Python Developer
9 40 (3.79%) Test Analyst
10 34 (3.22%) Senior Developer
11 31 (2.94%) Scala Developer
12 29 (2.75%) Investment Banking Business Analyst
13 28 (2.65%) Credit Risk Analyst
13 28 (2.65%) Applications Support
13 28 (2.65%) Senior Analyst
14 27 (2.56%) .NET Developer
14 27 (2.56%) Architect
14 27 (2.56%) Banking Business Analyst
15 22 (2.08%) Risk Analyst
Libraries, Frameworks & Software Standards
1 111 (10.51%) XML
2 103 (9.75%) .NET
3 60 (5.68%) WPF
4 53 (5.02%) Spring
5 51 (4.83%) FpML
6 45 (4.26%) Boost C++ Libraries
7 42 (3.98%) WCF
8 38 (3.60%) STL
9 37 (3.50%) FIX Protocol
10 36 (3.41%) HTML
11 31 (2.94%) WinForms
12 26 (2.46%) HTML5
13 24 (2.27%) Middleware
14 23 (2.18%) Hibernate
15 20 (1.89%) ASP.NET
15 20 (1.89%) .NET Framework
16 19 (1.80%) Django
17 18 (1.70%) Twisted
18 17 (1.61%) AngularJS
18 17 (1.61%) LINQ
Miscellaneous
1 307 (29.07%) Fixed Income
2 272 (25.76%) Foreign Exchange (FX)
3 201 (19.03%) Equities
4 163 (15.44%) Credit Derivative
5 149 (14.11%) Equity Derivative
6 85 (8.05%) Credit Risk
7 79 (7.48%) Interest Rate Derivative
8 61 (5.78%) Market Risk
9 50 (4.73%) Computer Science
10 25 (2.37%) Reference Data
11 24 (2.27%) Mathematics
11 24 (2.27%) Grid Computing
12 17 (1.61%) Open Source
12 17 (1.61%) SWIFT
13 13 (1.23%) Management Information System
14 10 (0.95%) DTCC
14 10 (0.95%) Hedge funds
15 9 (0.85%) Visualisation
15 9 (0.85%) Economics
16 8 (0.76%) Statistics
Operating Systems
1 136 (12.88%) UNIX
2 102 (9.66%) Linux
3 91 (8.62%) Windows
4 9 (0.85%) Windows 7
4 9 (0.85%) Oracle Linux
5 6 (0.57%) Windows XP
5 6 (0.57%) Windows Server 2003
6 4 (0.38%) Windows Server 2008
7 3 (0.28%) Solaris
8 2 (0.19%) Red Hat Enterprise Linux
8 2 (0.19%) Windows Vista
Processes & Methodologies
1 125 (11.84%) Risk Management
2 121 (11.46%) Business Analysis
3 113 (10.70%) Agile Software Development
4 109 (10.32%) Analytics
5 103 (9.75%) OO
6 85 (8.05%) TDD
7 82 (7.77%) Multithreading
8 80 (7.58%) Project Management
9 79 (7.48%) User Acceptance Testing
10 69 (6.53%) Low Latency
11 66 (6.25%) Data Analysis
12 59 (5.59%) Workflow
13 57 (5.40%) Migration
14 54 (5.11%) Software Engineering
15 49 (4.64%) Data Modelling
16 48 (4.55%) Asset Management
17 44 (4.17%) Scrum
18 42 (3.98%) Unit Testing
18 42 (3.98%) Electronic Trading
19 40 (3.79%) Risk Analytics
Programming Languages
1 324 (30.68%) SQL
2 232 (21.97%) Java
3 179 (16.95%) C#
4 148 (14.02%) C++
5 117 (11.08%) Python
6 56 (5.30%) Scala
7 55 (5.21%) VBA
8 50 (4.73%) Perl
9 36 (3.41%) JavaScript
10 27 (2.56%) PL/SQL
11 22 (2.08%) Bash Shell
12 19 (1.80%) T-SQL
13 18 (1.70%) Shell Script
14 8 (0.76%) Ruby
15 7 (0.66%) PowerShell
15 7 (0.66%) C
15 7 (0.66%) VC++
15 7 (0.66%) VB
16 6 (0.57%) RPG
16 6 (0.57%) XPath
Qualifications
1 64 (6.06%) Degree
2 8 (0.76%) ISEB
3 7 (0.66%) PhD
4 6 (0.57%) MCSE
4 6 (0.57%) MBA
4 6 (0.57%) Microsoft Certification
5 5 (0.47%) PRINCE2 Certification
6 4 (0.38%) CFA
6 4 (0.38%) MCSD
7 3 (0.28%) ISTQB
7 3 (0.28%) CIMA
8 2 (0.19%) Security Cleared
8 2 (0.19%) PMI Certification
9 1 (0.095%) ACCA
9 1 (0.095%) PMP
9 1 (0.095%) DV Cleared
9 1 (0.095%) Cisco Certification
9 1 (0.095%) CCSP
9 1 (0.095%) CCNP
9 1 (0.095%) CCNA
Quality Assurance & Compliance
1 87 (8.24%) EMIR
2 77 (7.29%) Dodd-Frank
3 53 (5.02%) QA
4 25 (2.37%) Basel III
5 11 (1.04%) MiFID
6 7 (0.66%) CRD IV
7 6 (0.57%) Data Quality
8 5 (0.47%) FATCA
8 5 (0.47%) Basel II
9 3 (0.28%) ISO 9001
9 3 (0.28%) SLA
9 3 (0.28%) AIFMD
10 1 (0.095%) COREP
10 1 (0.095%) FINREP
10 1 (0.095%) Sarbanes-Oxley
10 1 (0.095%) GCP
10 1 (0.095%) Solvency II
System Software
1 3 (0.28%) Active Directory
2 2 (0.19%) VMware Infrastructure
2 2 (0.19%) HDFS
3 1 (0.095%) GridGain
Systems Management
1 18 (1.70%) ITRS Geneos
2 17 (1.61%) HP Quality Center
3 2 (0.19%) Puppet
3 2 (0.19%) Opscode Chef
3 2 (0.19%) Tivoli
3 2 (0.19%) Control-M
4 1 (0.095%) Nagios
4 1 (0.095%) ServiceCenter
4 1 (0.095%) SCCM
4 1 (0.095%) BMC PATROL
Vendors
1 186 (17.61%) Oracle
2 46 (4.36%) Microsoft
3 42 (3.98%) Sybase
4 32 (3.03%) Murex
5 25 (2.37%) DataSynapse
6 22 (2.08%) Calypso
7 20 (1.89%) Charles River
8 16 (1.52%) TIBCO
8 16 (1.52%) HP
9 15 (1.42%) SunGard
9 15 (1.42%) thinkFolio
10 14 (1.33%) ION Trading
10 14 (1.33%) DevExpress
11 13 (1.23%) Reuters
11 13 (1.23%) Bloomberg
12 12 (1.14%) IBM
12 12 (1.14%) Tradeweb
13 6 (0.57%) Sophis
13 6 (0.57%) Fidessa
13 6 (0.57%) Business Objects
City, London
Aston Carter
Rate: £550 - £600 per day
Posted: Yesterday
London
Aston Carter
Rate: £500 - £600 per day
Posted: Yesterday
City of London
Huxley Associates
Rate: £500 - £585 per day + competitive
Posted: 2 days ago
London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £550 - £585 per day
Posted: 2 days ago
City, London
Harrington Starr
Rate: £500 - £700 per day
Posted: 3 days ago
City, London
Hays Finance Technology
Rate: £550 - £700 per day + Excellent & Neg
Posted: 3 days ago
London
Hays IT - Uk Posting account
Rate: £550 - £700 per day + Excellent & Neg
Posted: 3 days ago
Central London
Required IT
Rate: £600-650 per day
Posted: 3 days ago
Docklands
iKonnect
Rate: £400 - £500 per day
Posted: 3 days ago
London
Aston Carter
Rate: £500 - £600 per day
Posted: 3 days ago
City, London
Harrington Starr
Rate: £650 per day
Posted: 4 days ago
City, London
Harrington Starr
Rate: £650 per day
Posted: 4 days ago
London
Hays Finance Technology
Rate: £550.00 - £650.00 per annum
Posted: 4 days ago
London
Aston Carter
Rate: £450 - £550 per day
Posted: 4 days ago
City, London
Aston Carter
Rate: £500 - £600 per day
Posted: 4 days ago
City of London
Huxley Associates
Rate: £450 - £550 per annum + competitive
Posted: 9 days ago
City of London
Huxley Associates
Rate: £620 - £720 per day + competitive
Posted: 10 days ago
London
Huxley Associates
Rate: £600 - £700 per day + competitive
Posted: 11 days ago
London
Huxley Associates
Rate: £500 - £600 per day
Posted: 11 days ago
London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £550 - £600 per day
Posted: 12 days ago