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 13 February 2016 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
13 Feb 2016
Same period 2015 Same period 2014
Derivatives
Rank 113 68 59
Rank change year-on-year
-45 -9
Contract jobs citing Derivative 429 619 687
As % of all contract IT jobs located in London 2.06% 2.95% 3.13%
As % of the Miscellaneous category 5.75% 8.16% 8.25%
Number of daily rates quoted 325 499 536
Average daily rate £588 £550 £575
Average daily rate % change year-on-year
+6.81% -4.34%
90% offered a daily rate of more than £425 £450 £450
10% offered a daily rate of more than £700 £675 £700
UK excluding London average daily rate £313 £475 £425
% change year-on-year
-34.21% +11.76%
Number of hourly rates quoted 0 0 3
Average hourly rate - - £22.50
UK excluding London average hourly rate - - -
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
7455 7583 8329
As % of all contract IT jobs located in London 35.74% 36.16% 37.94%
Number of daily rates quoted 5209 5328 5647
Average daily rate £475 £450 £450
Average daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £285 £288 £255
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 132 143 165
Average hourly rate £20.00 £20.00 £24.50
Average hourly rate % change year-on-year
- -18.36%
90% offered a hourly rate of more than £13.00 £13.50 £13.50
10% offered a hourly rate of more than £42.50 £38.20 £51.25
UK excluding London average hourly rate £22.50 £17.50 £17.50
% change year-on-year
+28.57% -

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 13 February 2016.

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 13 February 2016. 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 +7 133 £600 +9.09% 57
Canary Wharf +5 3 £465 -22.50% 1
Docklands, London +5 2 £627 +20.57%
Derivative
England

Derivative
Top 30 Related IT Skills in London

For the 6 months to 13 February 2016, 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.

1 536 (52.14%) Finance
2 485 (47.18%) Banking
3 445 (43.29%) Front Office
4 356 (34.63%) Investment Banking
5 284 (27.63%) Foreign Exchange (FX)
6 272 (26.46%) SQL
7 265 (25.78%) Fixed Income
8 244 (23.74%) Equities
9 233 (22.67%) C#
10 213 (20.72%) Agile Software Development
10 213 (20.72%) Equity Derivative
11 202 (19.65%) Java
12 153 (14.88%) Risk Management
13 142 (13.81%) Business Analysis
14 137 (13.33%) C++
15 115 (11.19%) .NET
16 113 (10.99%) Degree
17 104 (10.12%) TDD
18 103 (10.02%) SQL Server
19 98 (9.53%) Market Risk
19 98 (9.53%) Multithreading
20 96 (9.34%) Oracle
21 90 (8.75%) Analytical Skills
22 88 (8.56%) Credit Risk
23 86 (8.37%) User Acceptance Testing
24 84 (8.17%) Murex
25 83 (8.07%) Unix
26 81 (7.88%) Stakeholder Management
27 78 (7.59%) XML
27 78 (7.59%) Analytics

Derivative
Top Related IT Skills in London by Category

For the 6 months to 13 February 2016, 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 38 (3.70%) Oracle Coherence
2 16 (1.56%) Confluence
3 14 (1.36%) Tomcat
4 8 (0.78%) Node.js
5 7 (0.68%) Apache
6 4 (0.39%) Apache Spark
6 4 (0.39%) GemFire
6 4 (0.39%) Mule
6 4 (0.39%) WebLogic
7 3 (0.29%) MQSeries
8 2 (0.19%) NServiceBus
8 2 (0.19%) SAS
9 1 (0.097%) Jetty
9 1 (0.097%) SharePoint
9 1 (0.097%) WebSphere
9 1 (0.097%) WebSphere Application Server
Applications
1 25 (2.43%) MS Excel
2 12 (1.17%) Spreadsheet
3 11 (1.07%) MS PowerPoint
4 7 (0.68%) MS Visio
5 5 (0.49%) HipChat
6 3 (0.29%) MS Office
7 2 (0.19%) MS Project
8 1 (0.097%) Acrobat
Business Applications
1 18 (1.75%) Summit
2 16 (1.56%) Markit EDM
3 14 (1.36%) Front Arena
4 11 (1.07%) Endur
5 7 (0.68%) SimCorp Dimension
5 7 (0.68%) SunGard GMI
6 6 (0.58%) ION MarketView
6 6 (0.58%) LatentZero
7 5 (0.49%) Algo Collateral
7 5 (0.49%) Rolfe and Nolan
7 5 (0.49%) thinkFolio
8 4 (0.39%) IntelliMatch
8 4 (0.39%) Kondor
9 3 (0.29%) RMDS
10 2 (0.19%) Remedy ITSM
10 2 (0.19%) SunGard Martini
10 2 (0.19%) SunGard Stream Clearvision
11 1 (0.097%) Adaptiv
11 1 (0.097%) Oracle Assets
11 1 (0.097%) Oracle Subledger Accounting
Cloud Services
1 7 (0.68%) Amazon AWS
2 2 (0.19%) Cloud Computing
2 2 (0.19%) Microsoft Azure
2 2 (0.19%) PaaS
2 2 (0.19%) SaaS
Communications & Networking
1 10 (0.97%) TCP/IP
2 8 (0.78%) Firewall
3 6 (0.58%) LAN
3 6 (0.58%) Multicast
4 5 (0.49%) HTTP
4 5 (0.49%) SSH
4 5 (0.49%) SSL
4 5 (0.49%) VPN
4 5 (0.49%) Wi-Fi
5 4 (0.39%) iSCSI
5 4 (0.39%) NAS
5 4 (0.39%) SAN
6 2 (0.19%) HTTPS
6 2 (0.19%) PuTTY
6 2 (0.19%) SDH
7 1 (0.097%) Wireshark
Database & Business Intelligence
1 103 (10.02%) SQL Server
2 26 (2.53%) Relational Database
3 23 (2.24%) NoSQL
4 21 (2.04%) MongoDB
5 20 (1.95%) SQL Server Integration Services
6 18 (1.75%) Data Warehouse
7 17 (1.65%) SQL Server Reporting Services
8 12 (1.17%) RDBMS
8 12 (1.17%) SQL Server 2008
8 12 (1.17%) SQL Server 2012
9 6 (0.58%) DB2
9 6 (0.58%) Microsoft Analysis Services
10 5 (0.49%) Big Data
10 5 (0.49%) Data Mart
10 5 (0.49%) MySQL
10 5 (0.49%) PostgreSQL
11 4 (0.39%) Apache Cassandra
11 4 (0.39%) BusinessObjects
11 4 (0.39%) Data Mining
11 4 (0.39%) SQL Server Analysis Services
Development Applications
1 42 (4.09%) JIRA
2 20 (1.95%) Maven
3 19 (1.85%) Subversion
4 16 (1.56%) HP UFT
5 13 (1.26%) Selenium
6 12 (1.17%) Jenkins
6 12 (1.17%) JUnit
6 12 (1.17%) Team Foundation Server
7 11 (1.07%) TeamCity
8 9 (0.88%) ClearCase
8 9 (0.88%) Git (software)
9 8 (0.78%) ClearQuest
9 8 (0.78%) Cucumber
10 7 (0.68%) InstallShield
10 7 (0.68%) MSI
10 7 (0.68%) Octopus Deploy
10 7 (0.68%) TestComplete
11 6 (0.58%) IntelliJ
11 6 (0.58%) JBehave
11 6 (0.58%) Mockito
General
1 536 (52.14%) Finance
2 485 (47.18%) Banking
3 445 (43.29%) Front Office
4 356 (34.63%) Investment Banking
5 59 (5.74%) Back Office
6 40 (3.89%) Financial Institution
7 11 (1.07%) Corporate Banking
7 11 (1.07%) Legal
8 8 (0.78%) Wholesale Banking
9 7 (0.68%) Advertising
9 7 (0.68%) General Ledger
10 4 (0.39%) Electronics
11 3 (0.29%) French Language
11 3 (0.29%) Marketing
12 2 (0.19%) German Language
12 2 (0.19%) International Banking
12 2 (0.19%) Retail
13 1 (0.097%) Italian Language
13 1 (0.097%) Retail Banking
13 1 (0.097%) Telecoms
Job Titles
1 406 (39.49%) Analyst
2 381 (37.06%) Developer
3 325 (31.61%) Business Analyst
4 122 (11.87%) C# Developer
5 114 (11.09%) Java Developer
6 99 (9.63%) Derivatives Business Analyst
6 99 (9.63%) Project Manager
7 78 (7.59%) Risk Analyst
8 62 (6.03%) Risk Business Analyst
9 60 (5.84%) Banking Analyst
9 60 (5.84%) Front Office Developer
10 59 (5.74%) Front Office Business Analyst
11 58 (5.64%) Quantitative Developer
12 53 (5.16%) Senior Analyst
12 53 (5.16%) Senior Developer
13 52 (5.06%) Investment Banking Business Analyst
14 49 (4.77%) Senior Business Analyst
15 48 (4.67%) C++ Developer
16 47 (4.57%) IT Analyst
16 47 (4.57%) IT Business Analyst
Libraries, Frameworks & Software Standards
1 115 (11.19%) .NET
2 78 (7.59%) XML
3 53 (5.16%) FIX Protocol
4 49 (4.77%) Spring
5 47 (4.57%) HTML
5 47 (4.57%) WPF
6 28 (2.72%) AngularJS
6 28 (2.72%) FpML
7 25 (2.43%) HTML5
7 25 (2.43%) JMS
7 25 (2.43%) WCF
8 23 (2.24%) .NET Framework
9 21 (2.04%) STL
10 20 (1.95%) Boost C++ Libraries
11 18 (1.75%) WinForms
12 17 (1.65%) ATL
13 16 (1.56%) MFC
14 14 (1.36%) J2EE
15 13 (1.26%) MSMQ
15 13 (1.26%) RabbitMQ
Miscellaneous
1 284 (27.63%) Foreign Exchange (FX)
2 265 (25.78%) Fixed Income
3 244 (23.74%) Equities
4 213 (20.72%) Equity Derivative
5 98 (9.53%) Market Risk
6 90 (8.75%) Analytical Skills
7 88 (8.56%) Credit Risk
8 69 (6.71%) Credit Derivative
9 55 (5.35%) Mathematics
10 50 (4.86%) Interest Rate Derivative
11 41 (3.99%) Grid Computing
12 36 (3.50%) Computer Science
13 30 (2.92%) Hedge funds
14 26 (2.53%) Reference Data
15 23 (2.24%) Management Information System
16 22 (2.14%) Physics
17 14 (1.36%) Equity Risk
18 12 (1.17%) Contract for Difference
18 12 (1.17%) Data Structures
19 11 (1.07%) Swaptions
Operating Systems
1 83 (8.07%) Unix
2 76 (7.39%) Windows
3 51 (4.96%) Linux
4 11 (1.07%) Windows Server
5 9 (0.88%) Solaris
6 5 (0.49%) CentOS
7 4 (0.39%) Windows Server 2012
8 3 (0.29%) Mac OS X Server
9 1 (0.097%) AIX
9 1 (0.097%) Windows Server 2003
9 1 (0.097%) Windows Server 2008
Processes & Methodologies
1 213 (20.72%) Agile Software Development
2 153 (14.88%) Risk Management
3 142 (13.81%) Business Analysis
4 104 (10.12%) TDD
5 98 (9.53%) Multithreading
6 86 (8.37%) User Acceptance Testing
7 81 (7.88%) Stakeholder Management
8 78 (7.59%) Analytics
9 76 (7.39%) Project Management
10 69 (6.71%) Asset Management
11 59 (5.74%) OO
12 54 (5.25%) Migration
13 53 (5.16%) Investment Management
14 47 (4.57%) SDLC
15 44 (4.28%) Data Analysis
16 42 (4.09%) Scrum
17 40 (3.89%) Data Modelling
18 38 (3.70%) Collateral Management
18 38 (3.70%) Electronic Trading
19 35 (3.40%) Low Latency
Programming Languages
1 272 (26.46%) SQL
2 233 (22.67%) C#
3 202 (19.65%) Java
4 137 (13.33%) C++
5 73 (7.10%) Python
6 59 (5.74%) VBA
7 46 (4.47%) JavaScript
8 41 (3.99%) Perl
9 23 (2.24%) Shell Script
10 21 (2.04%) Scala
11 16 (1.56%) VC++
12 15 (1.46%) C
13 14 (1.36%) T-SQL
13 14 (1.36%) VB
14 11 (1.07%) Bash Shell
14 11 (1.07%) MATLAB
15 10 (0.97%) PL/SQL
16 9 (0.88%) PowerShell
17 8 (0.78%) VBScript
18 5 (0.49%) R
Qualifications
1 113 (10.99%) Degree
2 23 (2.24%) PhD
3 13 (1.26%) ISEB
4 11 (1.07%) ISTQB
5 7 (0.68%) ITIL Certification
6 3 (0.29%) PMI Certification
7 2 (0.19%) ACCA
7 2 (0.19%) CFA
7 2 (0.19%) CIMA
7 2 (0.19%) MBA
7 2 (0.19%) PRINCE2 Certification
8 1 (0.097%) APMP
8 1 (0.097%) PMP
8 1 (0.097%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 76 (7.39%) MiFID
2 73 (7.10%) QA
3 52 (5.06%) EMIR
4 48 (4.67%) Dodd-Frank
5 18 (1.75%) Data Quality
6 10 (0.97%) FATCA
7 9 (0.88%) Basel III
8 7 (0.68%) AIFMD
9 6 (0.58%) UCITS
10 5 (0.49%) CRD IV
10 5 (0.49%) SLA
11 3 (0.29%) COREP
11 3 (0.29%) Solvency II
12 1 (0.097%) Basel II
12 1 (0.097%) GAAP
12 1 (0.097%) ISO20022
System Software
1 6 (0.58%) Active Directory
1 6 (0.58%) Platform Symphony
2 5 (0.49%) oVirt
2 5 (0.49%) VMware ESXi
2 5 (0.49%) VMware Infrastructure
3 1 (0.097%) Oracle RAC
Systems Management
1 14 (1.36%) HP Quality Center
2 8 (0.78%) Control-M
3 5 (0.49%) Opscode Chef
3 5 (0.49%) Puppet
3 5 (0.49%) Salt
3 5 (0.49%) ZABBIX
4 3 (0.29%) ITRS Geneos
5 2 (0.19%) BMC PATROL
5 2 (0.19%) Tivoli
6 1 (0.097%) Nagios
Vendors
1 96 (9.34%) Oracle
2 84 (8.17%) Murex
3 53 (5.16%) Sybase
4 41 (3.99%) Calypso
5 39 (3.79%) Microsoft
6 38 (3.70%) DataSynapse
7 25 (2.43%) Bloomberg
8 23 (2.24%) SunGard
9 19 (1.85%) Charles River
10 15 (1.46%) Fidessa
10 15 (1.46%) Reuters
11 13 (1.26%) ION Trading
12 12 (1.17%) Algorithmics
12 12 (1.17%) HP
12 12 (1.17%) TIBCO
13 10 (0.97%) OpenLink
14 7 (0.68%) SimCorp
15 5 (0.49%) Cisco
15 5 (0.49%) IBM
15 5 (0.49%) VMware
London
Hays Finance Technology
Rate: £650.00 - £680.00 per day
Posted: 18 hours ago
London
Hays Finance Technology
Rate: £600.00 - £700.00 per day
Posted: 18 hours ago
City, London
NDK Consulting.co.uk Ltd
Rate: Up to £550 per day
Posted: Yesterday
City, London
Deerfoot IT Resources Ltd
Rate: £400 - £500 per day + on call allowance
Posted: Yesterday
City, London
Lorien Resourcing
Rate: £450 - £500 per day
Posted: Yesterday
London
Hays London City Cheapside
Rate: £550.00 - £650.00 per day
Posted: 2 days ago
London
TEKsystems
Rate: £550 - £650 per day
Posted: 2 days ago
City, London
Harrington Starr
Rate: £450 - £550 per day
Posted: 2 days ago
City, London
Harrington Starr
Rate: £500 - £600 per day
Posted: 2 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £400 - £500 per day
Posted: 2 days ago
London
Avance Consulting
Posted: 3 days ago
London
TEKsystems
Rate: £550 - £650 per day
Posted: 3 days ago
London
McGregor Boyall
Rate: £450 - £550 per day + depending on experience
Posted: 3 days ago
London
Hatstand Limited
Rate: £500 - £600 per day
Posted: 4 days ago
City, London
Aston Carter
Rate: £300 - £400 per day
Posted: 4 days ago
London
Hays Finance Technology
Rate: £450.00 - £500.00 per annum
Posted: 4 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £600 - £650 per day
Posted: 5 days ago
London
McGregor Boyall
Rate: £550 - £650 per day
Posted: 5 days ago
City of London
Real Staffing
Rate: £300 - £350 per day
Posted: 11 days ago
City of London
Huxley
Rate: £550 - £650 per day + competitive
Posted: 11 days ago
London
Hays London City Cheapside
Rate: £500.00 - £600.00 per day
Posted: 12 days ago
London
Hays London City Cheapside
Rate: £600.00 - £700.00 per day
Posted: 16 days ago
City of London
Hays London City Cheapside
Rate: £450.00 - £500.00 per day
Posted: 18 days ago
London
OCC Computer Personnel
Rate: £360 per day + Benefits
Posted: 18 days ago
City of London
Hays London City Cheapside
Rate: £450.00 - £520.00 per day
Posted: 25 days ago
London
Alexander Mann Solutions
Posted: 25 days ago
London
Hays London City Cheapside
Rate: £570.00 - £680.00 per day
Posted: 26 days ago