The table below looks at the prevalence of the term Exotic 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 Exotic Derivative over the 3 months to 7 July 2015 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
7 Jul 2015
Same period 2014 Same period 2013
Exotic Derivatives
Rank - 405 407
Contract jobs citing Exotic Derivative 0 1 6
As % of all contract IT jobs located in London - 0.004% 0.025%
As % of the Miscellaneous category - 0.012% 0.064%
Number of daily rates quoted 0 1 5
Average daily rate
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- £500 £600
Average daily rate % change year-on-year
- -16.66%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Exotic 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
8143 8620 9330
As % of all contract IT jobs located in London 35.62% 37.62% 39.21%
Number of daily rates quoted 5698 5874 6351
Average daily rate £473 £450 £450
Average daily rate % change year-on-year
+5.00% -
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £650 £650 £625
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 149 146 205
Average hourly rate £18.86 £19.00 £22.50
Average hourly rate % change year-on-year
-0.76% -15.55%
90% offered a hourly rate of more than £14.00 £14.04 £14.90
10% offered a hourly rate of more than £52.17 £45.00 £47.00
UK excluding London average hourly rate £19.00 £22.50 £20.50
% change year-on-year
-15.55% +9.75%

Exotic Derivative
Jobs Demand Trend in London

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

Exotic Derivative Jobs Demand Trend in London

Exotic Derivative
Daily Rate Trend in London

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

Exotic Derivative Daily Rate Trend in London

Exotic Derivative
Hourly Rate Trend in London

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

Exotic Derivative Hourly Rate Trend in London