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 1 October 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
1 Oct 2014
Same period 2013 Same period 2012
Derivatives
Rank 101 45 38
Rank change year-on-year
-56 -7
Contract jobs citing Derivative 471 1018 1192
As % of all contract IT jobs located in London 1.94% 4.04% 4.65%
As % of the Miscellaneous category 5.42% 10.73% 12.24%
Number of daily rates quoted 362 826 982
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£569 £550 £558
Average daily rate % change year-on-year
+3.40% -1.43%
90% offered a daily rate of more than £425 £450 £450
10% offered a daily rate of more than £650 £700 £670
UK excluding London average daily rate £381 £450 £400
% change year-on-year
-15.27% +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
8696 9485 9741
As % of all contract IT jobs located in London 35.88% 37.60% 37.97%
Number of daily rates quoted 5999 6602 6653
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 £638 £625 £625
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 186 169 245
Average hourly rate £18.25 £19.50 £22.32
Average hourly rate % change year-on-year
-6.41% -12.63%
90% offered a hourly rate of more than £12.50 £13.23 £12.80
10% offered a hourly rate of more than £45.30 £45.00 £42.50
UK excluding London average hourly rate £18.00 £17.50 £26.00
% change year-on-year
+2.85% -32.69%

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 1 October 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 1 October 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 -46 141 £563 -2.17% 61
Docklands, London +6 4 £528 -8.26% 3
Canary Wharf - - - -
West Drayton - - - -
Derivative
England

Derivative
Top 30 Related IT Skills in London

For the 6 months to 1 October 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.

1 422 (42.37%) Banking
2 413 (41.47%) Front Office
3 407 (40.86%) Finance
4 311 (31.22%) SQL
5 305 (30.62%) Fixed Income
6 303 (30.42%) Investment Banking
7 257 (25.80%) Foreign Exchange (FX)
8 236 (23.69%) Java
9 196 (19.68%) Agile Software Development
10 183 (18.37%) Equities
11 177 (17.77%) C#
12 172 (17.27%) Oracle
13 155 (15.56%) Credit Derivative
14 151 (15.16%) C++
15 140 (14.06%) Equity Derivative
16 137 (13.76%) UNIX
17 121 (12.15%) Business Analysis
18 116 (11.65%) Risk Management
19 114 (11.45%) XML
20 108 (10.84%) Python
20 108 (10.84%) Back Office
21 107 (10.74%) Linux
22 104 (10.44%) Analytics
23 102 (10.24%) Analytical Skills
24 97 (9.74%) Windows
25 94 (9.44%) OO
26 91 (9.14%) .NET
27 82 (8.23%) Multithreading
28 81 (8.13%) Interest Rate Derivative
29 80 (8.03%) TDD

Derivative
Top Related IT Skills in London by Category

For the 6 months to 1 October 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 26 (2.61%) WebSphere
2 15 (1.51%) Oracle Coherence
3 7 (0.70%) Confluence
3 7 (0.70%) WebSphere Application Server
4 5 (0.50%) TIBCO EMS
5 3 (0.30%) IIS
6 2 (0.20%) Oracle Workflow
6 2 (0.20%) WebLogic
6 2 (0.20%) Tomcat
6 2 (0.20%) Elasticsearch
7 1 (0.10%) AquaLogic Service Bus
7 1 (0.10%) SharePoint 2010
7 1 (0.10%) Node.js
7 1 (0.10%) Jetty
7 1 (0.10%) SharePoint Server
7 1 (0.10%) MQSeries
7 1 (0.10%) Apache
7 1 (0.10%) SharePoint
Applications
1 38 (3.82%) MS Excel
2 18 (1.81%) MS Project
3 17 (1.71%) MS Office
4 14 (1.41%) MS PowerPoint
5 13 (1.31%) MS Visio
6 8 (0.80%) Spreadsheet
Business Applications
1 14 (1.41%) Markit EDM
2 11 (1.10%) ION MarketView
2 11 (1.10%) SunGard GMI
3 8 (0.80%) Endur
3 8 (0.80%) Summit
4 7 (0.70%) IntelliMatch
5 5 (0.50%) RMDS
6 4 (0.40%) Remedy ITSM
6 4 (0.40%) LatentZero
7 3 (0.30%) Tesseract
7 3 (0.30%) Minerva
7 3 (0.30%) Sentinel
8 2 (0.20%) Oracle 11i
8 2 (0.20%) Eagle PACE
8 2 (0.20%) Salerio
8 2 (0.20%) Rolfe and Nolan
8 2 (0.20%) Oracle BPM
8 2 (0.20%) Oracle Assets
9 1 (0.10%) Oracle Cash Management
9 1 (0.10%) SunGard Stream Clearvision
Cloud Services
1 5 (0.50%) Microsoft Azure
2 4 (0.40%) Amazon AWS
3 3 (0.30%) IaaS
3 3 (0.30%) PaaS
Communications & Networking
1 9 (0.90%) TCP/IP
2 5 (0.50%) Multicast
2 5 (0.50%) Internet
3 4 (0.40%) SNMP
4 3 (0.30%) DNS
4 3 (0.30%) Firewall
5 2 (0.20%) NFC
6 1 (0.10%) NAS
6 1 (0.10%) AMQP
6 1 (0.10%) tcpdump
6 1 (0.10%) Wireshark
6 1 (0.10%) Intranet
6 1 (0.10%) SAN
6 1 (0.10%) HTTP
6 1 (0.10%) BGP
6 1 (0.10%) DSL
Database & Business Intelligence
1 76 (7.63%) SQL Server
2 64 (6.43%) Relational Database
3 47 (4.72%) Oracle Database
4 19 (1.91%) Oracle Database 10g
5 17 (1.71%) PostgreSQL
6 16 (1.61%) ObjectStore
7 15 (1.51%) SQL Server Integration Services
8 14 (1.41%) SQL Server Reporting Services
9 13 (1.31%) SQL Server 2008
10 12 (1.20%) Data Mining
11 11 (1.10%) RDBMS
12 9 (0.90%) Data Warehouse
13 8 (0.80%) Oracle Database 11g
14 7 (0.70%) Hadoop
15 6 (0.60%) KDB
16 5 (0.50%) MongoDB
17 4 (0.40%) OLAP
17 4 (0.40%) DTS
17 4 (0.40%) MS Access
17 4 (0.40%) Apache Cassandra
Development Applications
1 29 (2.91%) JIRA
2 19 (1.91%) Subversion
3 18 (1.81%) JUnit
4 16 (1.61%) TeamCity
5 15 (1.51%) Visual Studio
6 11 (1.10%) Team Foundation Server
6 11 (1.10%) CruiseControl
7 10 (1.00%) Ant
8 9 (0.90%) Eclipse
9 8 (0.80%) Maven
10 7 (0.70%) QuickTest Pro
11 6 (0.60%) IntelliJ
11 6 (0.60%) Jenkins
12 5 (0.50%) Hudson
13 4 (0.40%) FitNesse
14 3 (0.30%) Gradle
14 3 (0.30%) Git (software)
14 3 (0.30%) Build Forge
14 3 (0.30%) Selenium
15 2 (0.20%) XMLSpy
General
1 422 (42.37%) Banking
2 413 (41.47%) Front Office
3 407 (40.86%) Finance
4 303 (30.42%) Investment Banking
5 108 (10.84%) Back Office
6 25 (2.51%) Financial Institution
7 19 (1.91%) Legal
8 8 (0.80%) Publishing
9 6 (0.60%) Advertising
10 5 (0.50%) French Language
11 4 (0.40%) Games
11 4 (0.40%) Retail
12 3 (0.30%) Wholesale Banking
13 2 (0.20%) Marketing
14 1 (0.10%) International Banking
14 1 (0.10%) Retail Banking
14 1 (0.10%) German Language
14 1 (0.10%) Italian Language
14 1 (0.10%) Telecoms
Job Titles
1 389 (39.06%) Analyst
2 349 (35.04%) Developer
3 232 (23.29%) Business Analyst
4 115 (11.55%) Java Developer
5 95 (9.54%) Project Manager
6 63 (6.33%) C# Developer
7 58 (5.82%) C++ Developer
8 57 (5.72%) Support Analyst
9 54 (5.42%) Python Developer
10 36 (3.61%) Test Analyst
11 33 (3.31%) Applications Support
12 29 (2.91%) Senior Developer
13 25 (2.51%) Senior Analyst
14 24 (2.41%) Banking Business Analyst
14 24 (2.41%) Scala Developer
15 23 (2.31%) Investment Banking Business Analyst
16 22 (2.21%) Credit Risk Analyst
17 21 (2.11%) Architect
18 20 (2.01%) Front Office Developer
19 19 (1.91%) .NET Developer
Libraries, Frameworks & Software Standards
1 114 (11.45%) XML
2 91 (9.14%) .NET
3 53 (5.32%) Boost C++ Libraries
4 51 (5.12%) Spring
5 49 (4.92%) FpML
6 47 (4.72%) STL
7 43 (4.32%) WPF
8 40 (4.02%) FIX Protocol
9 32 (3.21%) WCF
10 31 (3.11%) Middleware
11 28 (2.81%) HTML
12 25 (2.51%) WinForms
13 23 (2.31%) Hibernate
14 22 (2.21%) HTML5
15 19 (1.91%) Django
15 19 (1.91%) .NET Framework
16 18 (1.81%) Twisted
17 17 (1.71%) ASP.NET
17 17 (1.71%) WebSphere MQ
18 16 (1.61%) Web Services
Miscellaneous
1 305 (30.62%) Fixed Income
2 257 (25.80%) Foreign Exchange (FX)
3 183 (18.37%) Equities
4 155 (15.56%) Credit Derivative
5 140 (14.06%) Equity Derivative
6 102 (10.24%) Analytical Skills
7 81 (8.13%) Interest Rate Derivative
8 74 (7.43%) Credit Risk
9 50 (5.02%) Market Risk
10 45 (4.52%) Computer Science
11 37 (3.71%) Data Structures
12 31 (3.11%) Grid Computing
13 26 (2.61%) Algorithms
14 21 (2.11%) Reference Data
15 19 (1.91%) Mathematics
16 15 (1.51%) Management Information System
17 14 (1.41%) SWIFT
18 12 (1.20%) Open Source
19 9 (0.90%) Economics
19 9 (0.90%) DTCC
Operating Systems
1 137 (13.76%) UNIX
2 107 (10.74%) Linux
3 97 (9.74%) Windows
4 11 (1.10%) Windows 7
5 9 (0.90%) Oracle Linux
6 6 (0.60%) Windows Server 2003
7 5 (0.50%) Windows Server 2008
8 4 (0.40%) Windows XP
9 3 (0.30%) Red Hat Enterprise Linux
9 3 (0.30%) Solaris
10 2 (0.20%) Windows Vista
Processes & Methodologies
1 196 (19.68%) Agile Software Development
2 121 (12.15%) Business Analysis
3 116 (11.65%) Risk Management
4 104 (10.44%) Analytics
5 94 (9.44%) OO
6 82 (8.23%) Multithreading
7 80 (8.03%) TDD
8 75 (7.53%) Project Management
9 74 (7.43%) User Acceptance Testing
9 74 (7.43%) Low Latency
10 62 (6.22%) Data Analysis
11 58 (5.82%) Workflow
12 56 (5.62%) Migration
13 49 (4.92%) Software Engineering
14 45 (4.52%) Stakeholder Management
15 42 (4.22%) Asset Management
16 38 (3.82%) Unit Testing
16 38 (3.82%) Risk Analytics
17 36 (3.61%) Electronic Trading
18 35 (3.51%) Investment Management
Programming Languages
1 311 (31.22%) SQL
2 236 (23.69%) Java
3 177 (17.77%) C#
4 151 (15.16%) C++
5 108 (10.84%) Python
6 54 (5.42%) VBA
7 44 (4.42%) Scala
8 43 (4.32%) Perl
9 29 (2.91%) JavaScript
10 22 (2.21%) Bash Shell
11 21 (2.11%) PL/SQL
12 18 (1.81%) Shell Script
13 17 (1.71%) T-SQL
14 9 (0.90%) PowerShell
15 8 (0.80%) VC++
16 7 (0.70%) VB
16 7 (0.70%) RPG
17 6 (0.60%) C
18 5 (0.50%) XPath
19 4 (0.40%) Haskell
Qualifications
1 63 (6.33%) Degree
2 7 (0.70%) ISEB
3 6 (0.60%) Microsoft Certification
3 6 (0.60%) MCSE
4 5 (0.50%) ISTQB
5 4 (0.40%) PRINCE2 Certification
5 4 (0.40%) MCSD
5 4 (0.40%) PhD
6 3 (0.30%) CFA
7 2 (0.20%) CIMA
7 2 (0.20%) MBA
7 2 (0.20%) Security Cleared
8 1 (0.10%) DV Cleared
Quality Assurance & Compliance
1 76 (7.63%) EMIR
2 65 (6.53%) Dodd-Frank
3 41 (4.12%) QA
4 19 (1.91%) Basel III
5 7 (0.70%) MiFID
5 7 (0.70%) Basel II
6 6 (0.60%) Data Quality
7 5 (0.50%) CRD IV
8 4 (0.40%) ISO 9001
8 4 (0.40%) FATCA
9 3 (0.30%) AIFMD
9 3 (0.30%) SLA
10 2 (0.20%) UCITS
10 2 (0.20%) COREP
11 1 (0.10%) FINREP
11 1 (0.10%) Solvency II
System Software
1 3 (0.30%) Active Directory
2 2 (0.20%) VMware Infrastructure
2 2 (0.20%) HDFS
3 1 (0.10%) Platform Symphony
3 1 (0.10%) GridGain
Systems Management
1 19 (1.91%) ITRS Geneos
2 17 (1.71%) HP Quality Center
3 7 (0.70%) Control-M
4 4 (0.40%) BMC PATROL
5 2 (0.20%) Nagios
5 2 (0.20%) Tivoli
5 2 (0.20%) Puppet
5 2 (0.20%) Hadoop YARN
5 2 (0.20%) Opscode Chef
6 1 (0.10%) ServiceCenter
6 1 (0.10%) SCCM
Vendors
1 172 (17.27%) Oracle
2 51 (5.12%) Microsoft
3 41 (4.12%) Sybase
4 36 (3.61%) Murex
5 22 (2.21%) Calypso
5 22 (2.21%) DataSynapse
6 21 (2.11%) TIBCO
7 17 (1.71%) thinkFolio
7 17 (1.71%) Charles River
8 15 (1.51%) ION Trading
9 14 (1.41%) HP
10 13 (1.31%) Tradeweb
10 13 (1.31%) SunGard
10 13 (1.31%) Bloomberg
11 11 (1.10%) DevExpress
11 11 (1.10%) IBM
11 11 (1.10%) Reuters
12 7 (0.70%) Remedy
13 6 (0.60%) Informatica
13 6 (0.60%) Sun
London
TEKsystems
Rate: £500 - £600 per day
Posted: 4 hours ago
London
Real Staffing
Rate: £500 - £650 per annum + competitive
Posted: 12 hours ago
City, London
TEKsystems
Rate: £575 - £650 per day
Posted: Yesterday
City, London
TEKsystems
Rate: £450 - £550 per day
Posted: Yesterday
City, London
TEKsystems
Rate: £500 - £600 per day
Posted: Yesterday
London
TEKsystems
Rate: £500 - £600 per day
Posted: Yesterday
London
Harrington Starr
Rate: £500 - £800 per day
Posted: Yesterday
London
TEKsystems
Rate: £585 - £600 per day
Posted: Yesterday
City, London
TEKsystems
Rate: £500 - £600 per day
Posted: 2 days ago
West London
Vadis People
Rate: £400-£500 depending on experience
Posted: 2 days ago
City, London
Canary Wharf and City
Rate: Up to £500 per day
Posted: 2 days ago
London
Hatstand Limited
Rate: £400 - £500 per day
Posted: 2 days ago
London
Coal IT Services
Rate: From £350 to £400 per day
Posted: 2 days ago
Docklands
iKonnect
Rate: £450 - £500 per day
Posted: 2 days ago
City of London
Huxley Associates
Rate: £500 - £585 per day + competitive
Posted: 2 days ago
Docklands
iKonnect
Rate: £500 - £615 per day
Posted: 5 days ago
Docklands
iKonnect
Rate: £450 - £525 per day
Posted: 5 days ago
London
Huxley Associates
Rate: £700 - £1000 per day + competitive
Posted: 5 days ago
City, London
Harrington Starr
Rate: £700 per day
Posted: 6 days ago
City, London
Lorien Resourcing
Rate: £500 - £600 per day
Posted: 6 days ago