The first table below looks at the prevalence of the term Equity 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 Equity Derivative over the 3 months to 17 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 London 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
17 May 2013
Same period 2012 Same period 2011
Equity Derivatives
Rank 265 252 77
Rank change year-on-year
-13 -175
Contract jobs citing Equity Derivative 120 158 742
As % of all contract IT jobs located in London 0.556% 0.590% 2.375%
As % of the Miscellaneous category 1.676% 1.842% 6.275%
Number of daily rates quoted 103 116 575
Average daily rate £563 £550 £575
Average daily rate % change year-on-year
+2.27% -4.34%
90% offered a daily rate of more than £500 £475 £500
10% offered a daily rate of more than £650 £675 £650
UK excluding London average daily rate £525 £313 £375
% change year-on-year
+68.00% -16.66%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £27.50
UK excluding London average hourly rate - - -
All of the Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
7160 8579 11824
As % of all contract IT jobs located in London 33.16% 32.03% 37.85%
Number of daily rates quoted 4979 5832 7989
Average daily rate £475 £475 £550
Average daily rate % change year-on-year
- -13.63%
90% offered a daily rate of more than £275 £283 £325
10% offered a daily rate of more than £625 £625 £650
UK excluding London average daily rate £350 £342 £340
% change year-on-year
+2.41% +0.51%
Number of hourly rates quoted 166 205 199
Average hourly rate £23.50 £22.50 £20.50
Average hourly rate % change year-on-year
+4.44% +9.75%
90% offered a hourly rate of more than £15.00 £13.50 £11.00
10% offered a hourly rate of more than £54.00 £52.50 £50.00
UK excluding London average hourly rate £22.00 £24.50 £26.50
% change year-on-year
-10.20% -7.54%
Equity Derivative
England

Equity Derivative
Jobs Demand Trend

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

London Equity Derivative Jobs Demand Trend

Equity Derivative
Daily Rate Trend

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

London Equity Derivative Daily Rate Trend

Equity Derivative
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Equity Derivative across the London region over the 3 months to 17 May 2013.

London Equity Derivative Daily Rate Histogram

Equity Derivative
Hourly Rate Trend

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

London Equity Derivative Hourly Rate Trend

Equity Derivative
Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Equity Derivative within the London region over the 3 months to 17 May 2013. 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
(Click each for more statistics)
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
City of London -9 52 £550 -
Canary Wharf -6 8 £650 -
Docklands, London +3 1 £500 -16.66%
Equity Derivative
England

Equity Derivative
Top 30 Related IT Skills

For the 6 months to 17 May 2013, IT contractor jobs across the London region citing Equity 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 Equity Derivative.

1 206 (96.71%) Derivative
2 109 (51.17%) Front Office
3 90 (42.25%) Banking
4 88 (41.31%) Java
5 71 (33.33%) Investment Banking
6 52 (24.41%) Finance
6 52 (24.41%) SQL
7 43 (20.19%) Agile Software Development
8 39 (18.31%) Equities
9 36 (16.90%) TDD
10 32 (15.02%) C++
10 32 (15.02%) Oracle
11 31 (14.55%) C#
11 31 (14.55%) UNIX
11 31 (14.55%) Fixed Income
12 29 (13.62%) Foreign Exchange (FX)
13 28 (13.15%) Risk Management
14 27 (12.68%) Unit Testing
15 23 (10.80%) PL/SQL
16 22 (10.33%) Perl
17 21 (9.859%) Python
17 21 (9.859%) Credit Derivative
18 20 (9.390%) Pair Programming
19 19 (8.920%) BDD
20 18 (8.451%) SQL Server
21 17 (7.981%) Murex
22 16 (7.512%) Workflow
22 16 (7.512%) Back Office
23 15 (7.042%) Dependency Injection
23 15 (7.042%) Multithreading

Equity Derivative
Top Related IT Skills by Category

For the 6 months to 17 May 2013, IT contractor jobs across the London region citing Equity 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 Equity Derivative. Up to 20 skills are shown per category.

Application Development
1 13 (6.103%) XML
1 13 (6.103%) Spring
2 11 (5.164%) WPF
3 8 (3.756%) Hibernate
3 8 (3.756%) .NET
4 6 (2.817%) MDX
4 6 (2.817%) Murex MxML
5 5 (2.347%) J2SE
6 4 (1.878%) Web Services
6 4 (1.878%) HTML5
7 3 (1.408%) JDBC
7 3 (1.408%) J2EE
8 2 (0.939%) ADO.NET
8 2 (0.939%) WinForms
8 2 (0.939%) XML Messaging
8 2 (0.939%) JSON
8 2 (0.939%) RESTful
8 2 (0.939%) FIX Protocol
9 1 (0.469%) WCF
9 1 (0.469%) Silverlight
Application Platforms
1 5 (2.347%) Confluence
2 4 (1.878%) SharePoint
3 2 (0.939%) Rendezvous
3 2 (0.939%) MQSeries
3 2 (0.939%) Oracle Coherence
3 2 (0.939%) GemFire
4 1 (0.469%) TIBCO EMS
Applications
1 1 (0.469%) MS Office
1 1 (0.469%) MS Excel
Business Applications
1 6 (2.817%) Murex MxG2000
2 5 (2.347%) Sophis RISQUE
2 5 (2.347%) RMDS
3 1 (0.469%) Kondor+
3 1 (0.469%) Summit
Communications & Networking
1 4 (1.878%) HTTP
2 2 (0.939%) TCP/IP
Database & Business Intelligence
1 18 (8.451%) SQL Server
2 10 (4.695%) OLAP
2 10 (4.695%) Oracle OLAP
3 8 (3.756%) Oracle 11g
4 6 (2.817%) SQL Server Analysis Services
4 6 (2.817%) Microsoft Analysis Services
4 6 (2.817%) Oracle 8/8i
4 6 (2.817%) SQL Server Integration Services
5 5 (2.347%) Data Warehouse
5 5 (2.347%) Data Mart
6 2 (0.939%) QlikView
6 2 (0.939%) SQL Server 2008
6 2 (0.939%) Data Mining
6 2 (0.939%) DB2
7 1 (0.469%) MS Access
7 1 (0.469%) RDBMS
7 1 (0.469%) Oracle 10g
7 1 (0.469%) MongoDB
7 1 (0.469%) Big Data
Development Applications
1 13 (6.103%) JIRA
2 11 (5.164%) JUnit
3 6 (2.817%) Subversion
4 4 (1.878%) JBehave
5 3 (1.408%) jMock
5 3 (1.408%) Eclipse
6 2 (0.939%) QuickTest Pro
6 2 (0.939%) Oracle Forms
6 2 (0.939%) Selenium
6 2 (0.939%) TeamCity
6 2 (0.939%) EasyMock
6 2 (0.939%) Mockito
6 2 (0.939%) Hudson
7 1 (0.469%) Expression Blend
7 1 (0.469%) Visual Studio
General
1 109 (51.17%) Front Office
2 90 (42.25%) Banking
3 71 (33.33%) Investment Banking
4 52 (24.41%) Finance
5 16 (7.512%) Back Office
6 9 (4.225%) Legal
7 3 (1.408%) Retail
8 2 (0.939%) Financial Institution
9 1 (0.469%) Spanish Language
Job Titles
1 113 (53.05%) Developer
2 65 (30.52%) Analyst
3 63 (29.58%) Java Developer
4 44 (20.66%) Business Analyst
5 20 (9.390%) Agile Java Developer
6 18 (8.451%) Senior Developer
7 15 (7.042%) Equity Derivatives Business Analyst
8 14 (6.573%) Senior Java Developer
9 11 (5.164%) Murex Analyst
9 11 (5.164%) Project Manager
9 11 (5.164%) Senior Analyst
10 10 (4.695%) Investment Banking Business Analyst
11 9 (4.225%) Oracle Developer
11 9 (4.225%) Senior Business Analyst
12 8 (3.756%) C# Developer
12 8 (3.756%) Support Analyst
12 8 (3.756%) Murex Business Analyst
13 6 (2.817%) Fidessa Business Analyst
13 6 (2.817%) Fidessa Analyst
13 6 (2.817%) Murex Developer
Miscellaneous
1 206 (96.71%) Derivative
2 39 (18.31%) Equities
3 31 (14.55%) Fixed Income
4 29 (13.62%) Foreign Exchange (FX)
5 21 (9.859%) Credit Derivative
6 10 (4.695%) N-Tier
7 6 (2.817%) Equity Risk
7 6 (2.817%) Computer Science
7 6 (2.817%) Credit Risk
8 5 (2.347%) Mathematics
9 4 (1.878%) Economics
9 4 (1.878%) Wiki
10 3 (1.408%) Grid Computing
10 3 (1.408%) Interest Rate Derivative
10 3 (1.408%) DTCC
11 2 (0.939%) Contract for Difference
11 2 (0.939%) Market Risk
12 1 (0.469%) Physics
12 1 (0.469%) Management Information System
Operating Systems
1 31 (14.55%) UNIX
2 8 (3.756%) Windows
3 3 (1.408%) Linux
4 2 (0.939%) Windows 7
5 1 (0.469%) Windows 8
Processes & Methodologies
1 43 (20.19%) Agile Software Development
2 36 (16.90%) TDD
3 28 (13.15%) Risk Management
4 27 (12.68%) Unit Testing
5 20 (9.390%) Pair Programming
6 19 (8.920%) BDD
7 16 (7.512%) Workflow
8 15 (7.042%) Dependency Injection
8 15 (7.042%) Multithreading
9 14 (6.573%) Business Analysis
10 12 (5.634%) Scrum
11 11 (5.164%) Greeks
12 10 (4.695%) Configuration Management
12 10 (4.695%) Project Management
12 10 (4.695%) Data Modelling
13 7 (3.286%) OO
13 7 (3.286%) Project Planning
13 7 (3.286%) User Acceptance Testing
14 6 (2.817%) Dimensional Modelling
14 6 (2.817%) Kimball Methodology
Programming Languages
1 88 (41.31%) Java
2 52 (24.41%) SQL
3 32 (15.02%) C++
4 31 (14.55%) C#
5 23 (10.80%) PL/SQL
6 22 (10.33%) Perl
7 21 (9.859%) Python
8 12 (5.634%) Scala
8 12 (5.634%) VBA
9 10 (4.695%) VB
10 9 (4.225%) Shell Script
11 4 (1.878%) VB6
12 3 (1.408%) Clojure
13 2 (0.939%) Jython
13 2 (0.939%) C
14 1 (0.469%) JavaScript
14 1 (0.469%) T-SQL
14 1 (0.469%) Haskell
14 1 (0.469%) F#
Qualifications
1 15 (7.042%) Degree
Quality Assurance & Compliance
1 9 (4.225%) QA
2 2 (0.939%) Basel III
3 1 (0.469%) FATCA
3 1 (0.469%) Sarbanes-Oxley
3 1 (0.469%) MiFID
Systems Management
1 6 (2.817%) HP Quality Center
Vendors
1 32 (15.02%) Oracle
2 17 (7.981%) Murex
3 13 (6.103%) Sophis
4 10 (4.695%) Sybase
5 9 (4.225%) Calypso
6 8 (3.756%) Microsoft
7 7 (3.286%) Fidessa
7 7 (3.286%) Reuters
8 4 (1.878%) Perforce
9 3 (1.408%) Bloomberg
9 3 (1.408%) DataSynapse
9 3 (1.408%) Sun
9 3 (1.408%) TIBCO
10 1 (0.469%) CA
10 1 (0.469%) UC4
10 1 (0.469%) GL TRADE
10 1 (0.469%) Google
10 1 (0.469%) Thunderhead
City of London
The Horizon developer will have: At least 2 years in depth Horizon experience (integration work and consequently some Java exposure) The Bank's trading team's platform is...
Real Staffing
Rate: £500 - £800 per day
Posted: 15 May 2013
London
Horizon Developer A leading investment bank requires a Horizon Developer with some JAVA to work in the equity derivatives area.
ITHR 752
Rate: £650.00
Posted: 1 May 2013
City, London
A leading investment bank are seeking to hire a Java Developer with extensive experience in Horizon to sit within an equity derivatives IT team responsible for the definition...
McGregor Boyall
Rate: £650+ Per Day
Posted: 15 May 2013
City of London
The Horizon Developer will have: Extensively strong Horizon development exposure Investment Banking/Financial Services experience (ideally worked with Equity Derivatives/Delta 1 Products) and the following will be...
Real Staffing
Rate: £500 - £625 per day
Posted: 15 May 2013
London
You will be performing analysis tasks and dealing with the business users to gather requirements, as well as managing the book-of-work and sitting down with the...
iKas International
Rate: £450 - £525 per day
Posted: 17 May 2013
City of London
My Client, a leading investment bank is looking for an experienced front-to-back Project manager to take the lead on their derivatives confirmation program. Skills and Experience:- -...
Huxley Associates
Rate: £500 - £7000 per annum
Posted: 15 May 2013
City, London
My client is a leading investment bank and are looking for a solid Project Manager to work within Equity Derivatives team to support the regulatory change agenda on...
HAYS INFORMATION TECHNOLOGY
Rate: £550.00 - £600.00 per day
Posted: 16 May 2013
City of London
Any of the following would also be nice to have: - Knowledge of Equity derivatives. - Knowledge of Exotic Equity Derivatives... Haskell, F#)... - Knowledge of databases & their SQL languages (e...
Real Staffing
Rate: £500 - £600 per day
Posted: 15 May 2013
London
The BA will undertake analysis, design and testing of new FX Options products. The role is based away from the core Murex team and working alongside the Pricing...
Rate: £600 - £700 per day
Posted: 30 April 2013
City, London
Since the systems involved are integrated with out pricing and post trade systems the candidate must have an understanding of the entire trade flow process and STP Key...
Incisive Ltd
Rate: £400 - £500 per day
Posted: 16 May 2013
London
Test, Regulatory, SQL, Quality Centre, Front Office... You, the Test Manager will need to have knowledge of the front office (Credit / Rates / FX / Equity / Derivatives). The Test Manager...
Venn Group
Rate: £450 - 500 Per Day
Posted: 16 May 2013
City of London
Test Manager - Dodd Frank/EMIR sought by leading Investment Bank based in the city of London.Essential-Practical working knowledge of Credit/Rates/FX/Equity derivatives products- Proven...
Harvey Nash plc
Rate: £450 - £500 per day
Posted: 17 May 2013