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 16 September 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
16 Sep 2014
Same period 2013 Same period 2012
Derivatives
Rank 107 47 42
Rank change year-on-year
-60 -5
Contract jobs citing Derivative 465 1037 1159
As % of all contract IT jobs located in London 1.90% 4.13% 4.38%
As % of the Miscellaneous category 5.29% 10.99% 11.84%
Number of daily rates quoted 347 829 952
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 £432
10% offered a daily rate of more than £650 £700 £650
UK excluding London average daily rate £375 £450 £400
% change year-on-year
-16.66% +12.50%
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
8792 9436 9788
As % of all contract IT jobs located in London 35.98% 37.60% 36.99%
Number of daily rates quoted 5970 6522 6621
Average daily rate £450 £450 £450
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £625 £625 £625
UK excluding London average daily rate £350 £350 £340
% change year-on-year
- +2.94%
Number of hourly rates quoted 179 177 257
Average hourly rate £18.50 £19.50 £22.50
Average hourly rate % change year-on-year
-5.12% -13.33%
90% offered a hourly rate of more than £13.47 £13.00 £13.00
10% offered a hourly rate of more than £45.00 £47.00 £41.20
UK excluding London average hourly rate £18.90 £17.50 £27.82
% change year-on-year
+8.00% -37.08%

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 16 September 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 16 September 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 -48 140 £575 - 84
Docklands, London +2 3 £555 -12.94%
Canary Wharf - - - - 1
West Drayton - - - -
Derivative
England

Derivative
Top 30 Related IT Skills in London

For the 6 months to 16 September 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.

1 448 (43.12%) Banking
2 424 (40.81%) Finance
3 411 (39.56%) Front Office
4 326 (31.38%) Investment Banking
5 321 (30.90%) SQL
6 305 (29.36%) Fixed Income
7 266 (25.60%) Foreign Exchange (FX)
8 247 (23.77%) Java
9 204 (19.63%) Agile Software Development
10 197 (18.96%) Equities
11 182 (17.52%) Oracle
12 178 (17.13%) C#
13 165 (15.88%) Credit Derivative
14 157 (15.11%) C++
15 149 (14.34%) Equity Derivative
16 142 (13.67%) UNIX
17 122 (11.74%) Business Analysis
18 120 (11.55%) Risk Management
19 115 (11.07%) XML
20 114 (10.97%) Python
21 110 (10.59%) Analytics
22 109 (10.49%) Back Office
23 107 (10.30%) Linux
24 106 (10.20%) Analytical Skills
25 103 (9.91%) .NET
26 102 (9.82%) OO
27 97 (9.34%) Windows
28 92 (8.85%) SQL Server
29 87 (8.37%) TDD
30 83 (7.99%) Credit Risk

Derivative
Top Related IT Skills in London by Category

For the 6 months to 16 September 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 (2.60%) WebSphere
2 15 (1.44%) Oracle Coherence
3 9 (0.87%) Confluence
4 7 (0.67%) WebSphere Application Server
5 5 (0.48%) IIS
5 5 (0.48%) TIBCO EMS
6 4 (0.38%) Tomcat
7 3 (0.29%) WebLogic
8 2 (0.19%) Apache
8 2 (0.19%) MQSeries
8 2 (0.19%) SharePoint
8 2 (0.19%) Oracle Workflow
8 2 (0.19%) Elasticsearch
9 1 (0.096%) Node.js
9 1 (0.096%) Jetty
Applications
1 37 (3.56%) MS Excel
2 16 (1.54%) MS Project
2 16 (1.54%) MS Office
3 14 (1.35%) MS Visio
3 14 (1.35%) MS PowerPoint
4 7 (0.67%) Spreadsheet
Business Applications
1 21 (2.02%) Markit EDM
2 12 (1.15%) SunGard GMI
3 9 (0.87%) Summit
4 8 (0.77%) ION MarketView
5 7 (0.67%) IntelliMatch
5 7 (0.67%) Endur
6 6 (0.58%) LatentZero
7 5 (0.48%) RMDS
8 3 (0.29%) Salerio
8 3 (0.29%) Tesseract
8 3 (0.29%) Minerva
8 3 (0.29%) Sentinel
9 2 (0.19%) Oracle 11i
9 2 (0.19%) Remedy ITSM
9 2 (0.19%) Eagle PACE
9 2 (0.19%) Oracle Assets
9 2 (0.19%) Oracle BPM
9 2 (0.19%) Rolfe and Nolan
10 1 (0.096%) SunGard Stream Clearvision
10 1 (0.096%) Oracle Cash Management
Cloud Services
1 3 (0.29%) Microsoft Azure
2 2 (0.19%) Amazon AWS
3 1 (0.096%) PaaS
3 1 (0.096%) IaaS
Communications & Networking
1 9 (0.87%) TCP/IP
2 5 (0.48%) DSL
2 5 (0.48%) Internet
2 5 (0.48%) Multicast
3 3 (0.29%) Firewall
3 3 (0.29%) DNS
4 2 (0.19%) SNMP
5 1 (0.096%) HTTP
5 1 (0.096%) SAN
5 1 (0.096%) Wireshark
5 1 (0.096%) NAS
5 1 (0.096%) AMQP
5 1 (0.096%) tcpdump
5 1 (0.096%) BGP
Database & Business Intelligence
1 92 (8.85%) SQL Server
2 61 (5.87%) Relational Database
3 52 (5.00%) Oracle Database
4 21 (2.02%) Oracle Database 10g
5 18 (1.73%) SQL Server Reporting Services
5 18 (1.73%) SQL Server Integration Services
5 18 (1.73%) SQL Server 2008
6 17 (1.64%) PostgreSQL
7 16 (1.54%) ObjectStore
8 14 (1.35%) Data Mining
9 12 (1.15%) RDBMS
10 10 (0.96%) Data Warehouse
11 8 (0.77%) Oracle Database 11g
12 7 (0.67%) DTS
13 6 (0.58%) KDB
14 5 (0.48%) Hadoop
14 5 (0.48%) MongoDB
15 4 (0.38%) Apache Cassandra
15 4 (0.38%) Big Data
15 4 (0.38%) SQL Server 2012
Development Applications
1 31 (2.98%) JIRA
2 18 (1.73%) Visual Studio
2 18 (1.73%) Subversion
3 17 (1.64%) TeamCity
4 14 (1.35%) JUnit
5 13 (1.25%) Team Foundation Server
6 12 (1.15%) CruiseControl
7 9 (0.87%) Ant
7 9 (0.87%) Maven
7 9 (0.87%) Eclipse
8 7 (0.67%) QuickTest Pro
9 6 (0.58%) IntelliJ
9 6 (0.58%) Jenkins
10 5 (0.48%) Hudson
10 5 (0.48%) Git (software)
11 4 (0.38%) FitNesse
12 3 (0.29%) Selenium
12 3 (0.29%) Build Forge
12 3 (0.29%) Gradle
13 2 (0.19%) Cucumber
General
1 448 (43.12%) Banking
2 424 (40.81%) Finance
3 411 (39.56%) Front Office
4 326 (31.38%) Investment Banking
5 109 (10.49%) Back Office
6 26 (2.50%) Financial Institution
7 19 (1.83%) Legal
8 8 (0.77%) Publishing
9 7 (0.67%) Advertising
10 5 (0.48%) French Language
10 5 (0.48%) General Ledger
11 4 (0.38%) Games
12 3 (0.29%) Retail
12 3 (0.29%) Wholesale Banking
13 1 (0.096%) International Banking
13 1 (0.096%) Marketing
13 1 (0.096%) German Language
13 1 (0.096%) Italian Language
13 1 (0.096%) Telecoms
Job Titles
1 424 (40.81%) Analyst
2 359 (34.55%) Developer
3 250 (24.06%) Business Analyst
4 112 (10.78%) Java Developer
5 97 (9.34%) Project Manager
6 65 (6.26%) C# Developer
7 59 (5.68%) Support Analyst
8 56 (5.39%) C++ Developer
8 56 (5.39%) Python Developer
9 39 (3.75%) Test Analyst
10 31 (2.98%) Senior Developer
11 29 (2.79%) Applications Support
12 28 (2.69%) Credit Risk Analyst
12 28 (2.69%) Scala Developer
13 27 (2.60%) Senior Analyst
13 27 (2.60%) Architect
14 26 (2.50%) Banking Business Analyst
15 25 (2.41%) Investment Banking Business Analyst
16 24 (2.31%) .NET Developer
17 22 (2.12%) Front Office Developer
Libraries, Frameworks & Software Standards
1 115 (11.07%) XML
2 103 (9.91%) .NET
3 52 (5.00%) Spring
4 50 (4.81%) Boost C++ Libraries
4 50 (4.81%) FpML
5 48 (4.62%) WPF
6 44 (4.23%) STL
7 41 (3.95%) FIX Protocol
8 38 (3.66%) WCF
9 32 (3.08%) HTML
10 26 (2.50%) Middleware
10 26 (2.50%) WinForms
11 24 (2.31%) HTML5
12 23 (2.21%) Hibernate
13 20 (1.92%) ASP.NET
14 19 (1.83%) Django
14 19 (1.83%) .NET Framework
15 18 (1.73%) Twisted
16 17 (1.64%) WebSphere MQ
16 17 (1.64%) AngularJS
Miscellaneous
1 305 (29.36%) Fixed Income
2 266 (25.60%) Foreign Exchange (FX)
3 197 (18.96%) Equities
4 165 (15.88%) Credit Derivative
5 149 (14.34%) Equity Derivative
6 106 (10.20%) Analytical Skills
7 83 (7.99%) Credit Risk
8 81 (7.80%) Interest Rate Derivative
9 53 (5.10%) Market Risk
9 53 (5.10%) Computer Science
10 28 (2.69%) Grid Computing
11 24 (2.31%) Reference Data
12 21 (2.02%) Mathematics
13 15 (1.44%) Management Information System
13 15 (1.44%) SWIFT
14 14 (1.35%) Open Source
15 10 (0.96%) User Experience
15 10 (0.96%) DTCC
16 9 (0.87%) Economics
17 8 (0.77%) Statistics
Operating Systems
1 142 (13.67%) UNIX
2 107 (10.30%) Linux
3 97 (9.34%) Windows
4 9 (0.87%) Windows 7
4 9 (0.87%) Oracle Linux
5 6 (0.58%) Windows Server 2003
6 5 (0.48%) Windows Server 2008
7 4 (0.38%) Windows XP
8 3 (0.29%) Solaris
8 3 (0.29%) Red Hat Enterprise Linux
9 2 (0.19%) Windows Vista
Processes & Methodologies
1 204 (19.63%) Agile Software Development
2 122 (11.74%) Business Analysis
3 120 (11.55%) Risk Management
4 110 (10.59%) Analytics
5 102 (9.82%) OO
6 87 (8.37%) TDD
7 81 (7.80%) Project Management
7 81 (7.80%) Multithreading
8 76 (7.31%) User Acceptance Testing
9 70 (6.74%) Low Latency
10 69 (6.64%) Data Analysis
11 63 (6.06%) Workflow
12 59 (5.68%) Migration
13 54 (5.20%) Software Engineering
14 43 (4.14%) Asset Management
15 42 (4.04%) Data Modelling
15 42 (4.04%) Unit Testing
16 41 (3.95%) Electronic Trading
16 41 (3.95%) Risk Analytics
16 41 (3.95%) Scrum
Programming Languages
1 321 (30.90%) SQL
2 247 (23.77%) Java
3 178 (17.13%) C#
4 157 (15.11%) C++
5 114 (10.97%) Python
6 58 (5.58%) VBA
7 50 (4.81%) Scala
8 47 (4.52%) Perl
9 33 (3.18%) JavaScript
10 22 (2.12%) PL/SQL
10 22 (2.12%) Bash Shell
11 20 (1.92%) Shell Script
12 19 (1.83%) T-SQL
13 8 (0.77%) VC++
13 8 (0.77%) PowerShell
14 7 (0.67%) C
14 7 (0.67%) VB
14 7 (0.67%) RPG
15 5 (0.48%) Ruby
15 5 (0.48%) XPath
Qualifications
1 63 (6.06%) Degree
2 7 (0.67%) ISEB
3 6 (0.58%) Microsoft Certification
3 6 (0.58%) MCSE
4 5 (0.48%) PRINCE2 Certification
5 4 (0.38%) PhD
5 4 (0.38%) MCSD
6 3 (0.29%) CFA
6 3 (0.29%) ISTQB
6 3 (0.29%) CIMA
7 2 (0.19%) MBA
7 2 (0.19%) Security Cleared
8 1 (0.096%) DV Cleared
8 1 (0.096%) PMI Certification
8 1 (0.096%) ACCA
Quality Assurance & Compliance
1 82 (7.89%) EMIR
2 69 (6.64%) Dodd-Frank
3 49 (4.72%) QA
4 25 (2.41%) Basel III
5 9 (0.87%) MiFID
6 7 (0.67%) CRD IV
7 6 (0.58%) Data Quality
7 6 (0.58%) Basel II
8 4 (0.38%) FATCA
9 3 (0.29%) ISO 9001
9 3 (0.29%) SLA
9 3 (0.29%) AIFMD
10 1 (0.096%) UCITS
10 1 (0.096%) COREP
10 1 (0.096%) FINREP
10 1 (0.096%) Sarbanes-Oxley
10 1 (0.096%) GCP
10 1 (0.096%) Solvency II
System Software
1 3 (0.29%) Active Directory
2 2 (0.19%) VMware Infrastructure
2 2 (0.19%) HDFS
3 1 (0.096%) Platform Symphony
3 1 (0.096%) GridGain
Systems Management
1 18 (1.73%) HP Quality Center
1 18 (1.73%) ITRS Geneos
2 3 (0.29%) Control-M
3 2 (0.19%) Puppet
3 2 (0.19%) Opscode Chef
3 2 (0.19%) Tivoli
3 2 (0.19%) BMC PATROL
4 1 (0.096%) Nagios
4 1 (0.096%) ServiceCenter
4 1 (0.096%) SCCM
Vendors
1 182 (17.52%) Oracle
2 47 (4.52%) Microsoft
3 42 (4.04%) Sybase
4 37 (3.56%) Murex
5 24 (2.31%) Calypso
5 24 (2.31%) DataSynapse
6 20 (1.92%) TIBCO
7 19 (1.83%) Charles River
8 17 (1.64%) thinkFolio
9 14 (1.35%) SunGard
10 13 (1.25%) HP
10 13 (1.25%) IBM
11 12 (1.15%) Bloomberg
11 12 (1.15%) ION Trading
11 12 (1.15%) Tradeweb
11 12 (1.15%) DevExpress
12 11 (1.06%) Reuters
13 7 (0.67%) Fidessa
14 6 (0.58%) Business Objects
14 6 (0.58%) Informatica
London
Montash
Rate: £500 - £700 per day
Posted: 1 hour ago
City of London
Orgtel
Rate: £300 per day + competitive
Posted: Yesterday
London
Huxley Associates
Rate: £700 - £1000 per day + competitive
Posted: Yesterday
London
Aston Carter
Rate: £15 - £25 per hour
Posted: Yesterday
City, London
Deerfoot IT Resources Ltd
Rate: £400 - £450 per day
Posted: Yesterday
London
Harrington Starr
Rate: £600 - £800 per day
Posted: Yesterday
City, London
McGregor Boyall
Rate: £300 - £450 per day
Posted: 3 days ago
London
Ripe4
Rate: £0 - £500+ per day
Posted: 4 days ago
Canary Wharf
Ripe4
Rate: £0 - £500+ per day
Posted: 4 days ago
London
ComputAppoint
Rate: £700 - £750 per day
Posted: 4 days ago
City, London
Aston Carter
Rate: £500 - £600 per day
Posted: 5 days ago
London
TEKsystems
Rate: market rate
Posted: 5 days ago
London
Real Staffing
Rate: £500 - £600 per day + competitive
Posted: 6 days ago
City, London
ComputAppoint
Rate: £500 - £600 per day
Posted: 6 days ago
City, London
Aston Carter
Rate: £550.00 - £600.00 per day
Posted: 6 days ago
London
Aston Carter
Rate: £500 - £600 per day
Posted: 6 days ago
City, London
ComputAppoint
Rate: £500 - £600 per day
Posted: 6 days ago
City of London
Huxley Associates
Rate: £450 - £550 per day + competitive
Posted: 7 days ago
London
Resource Solutions - Nomura
Rate: Market Rate
Posted: 7 days ago
City of London
Deerfoot IT
Rate: £350 - £400 per day
Posted: 7 days ago