The table below looks at the prevalence of the term Derivative in IT contracts advertised for the Scotland region. Included is a guide to the average contractor rates offered in IT contracts that have cited Derivative over the 3 months to 31 August 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
31 Aug 2015
Same period 2014 Same period 2013
Derivatives
Rank 88 94 97
Rank change year-on-year
+6 +3
Contract jobs citing Derivative 54 37 16
As % of all contract IT jobs located in Scotland 1.62% 1.35% 0.65%
As % of the Miscellaneous category 5.57% 4.82% 2.37%
Number of daily rates quoted 28 17 8
Average daily rate
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£463 £425 £450
Average daily rate % change year-on-year
+8.82% -5.55%
90% offered a daily rate of more than £329 £375 £435
10% offered a daily rate of more than £650 £580 £578
UK excluding London average daily rate £500 £365 £450
% change year-on-year
+36.98% -18.88%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £90.00
Derivative
UK

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the Scotland region.

Miscellaneous Category
Scotland
Contract IT job ads with a match in the
Miscellaneous category
970 767 674
As % of all contract IT jobs located in Scotland 29.17% 27.89% 27.52%
Number of daily rates quoted 464 402 339
Average daily rate £365 £350 £375
Average daily rate % change year-on-year
+4.28% -6.66%
90% offered a daily rate of more than £225 £225 £200
10% offered a daily rate of more than £475 £490 £500
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 29 19 24
Average hourly rate £22.50 £17.50 £13.00
Average hourly rate % change year-on-year
+28.57% +34.61%
90% offered a hourly rate of more than £13.50 £11.00 £9.25
10% offered a hourly rate of more than £65.00 £57.95 £19.40
UK excluding London average hourly rate £22.00 £20.00 £17.50
% change year-on-year
+10.00% +14.28%

Derivative
Jobs Demand Trend in Scotland

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

Derivative Jobs Demand Trend in Scotland

Derivative
Daily Rate Trend in Scotland

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

Derivative Daily Rate Trend in Scotland

Derivative
Daily Rate Histogram in Scotland

This chart provides a histogram of daily rates quoted in contract IT jobs citing Derivative across the Scotland region over the 3 months to 31 August 2015.

Derivative Daily Rate Histogram in Scotland

Derivative
Hourly Rate Trend in Scotland

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

Derivative Hourly Rate Trend in Scotland

Derivative
Contract Job Locations in Scotland

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Derivative within the Scotland region over the 3 months to 31 August 2015. 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
Glasgow +21 27 £335 -21.17% 3
Edinburgh -13 24 £513 +13.88% 5
Stirling +2 1 - -
Derivative
UK

Derivative
Top 30 Related IT Skills in Scotland

For the 6 months to 31 August 2015, IT contractor jobs across the Scotland 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 44 (60.27%) Finance
2 36 (49.32%) SQL
3 29 (39.73%) Java
3 29 (39.73%) Banking
4 27 (36.99%) Equity Derivative
5 19 (26.03%) UNIX
5 19 (26.03%) Investment Banking
6 16 (21.92%) T-SQL
7 15 (20.55%) Equities
7 15 (20.55%) Asset Management
8 14 (19.18%) Sybase
8 14 (19.18%) Linux
9 13 (17.81%) C#
9 13 (17.81%) Investment Management
10 12 (16.44%) Analytical Skills
10 12 (16.44%) Front Office
10 12 (16.44%) C++
10 12 (16.44%) Shell Script
11 10 (13.70%) Markit EDM
11 10 (13.70%) Business Analysis
12 9 (12.33%) Sybase ASE
12 9 (12.33%) Performance Tuning
12 9 (12.33%) System Testing
12 9 (12.33%) Foreign Exchange (FX)
12 9 (12.33%) J2EE
12 9 (12.33%) Sybase IQ
13 8 (10.96%) Fixed Income
13 8 (10.96%) Perl
13 8 (10.96%) Python
13 8 (10.96%) Charles River

Derivative
Top Related IT Skills in Scotland by Category

For the 6 months to 31 August 2015, IT contractor jobs across the Scotland 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.

Business Applications
1 10 (13.70%) Markit EDM
2 5 (6.85%) thinkFolio
3 3 (4.11%) Eagle PACE
3 3 (4.11%) LatentZero
3 3 (4.11%) Front Arena
Database & Business Intelligence
1 9 (12.33%) Sybase IQ
1 9 (12.33%) Sybase ASE
2 7 (9.59%) SQL Server Integration Services
2 7 (9.59%) SQL Server Reporting Services
2 7 (9.59%) SQL Server
2 7 (9.59%) DTS
3 4 (5.48%) KDB
4 1 (1.37%) Hazelcast
4 1 (1.37%) Relational Database
4 1 (1.37%) DB2
4 1 (1.37%) Data Warehouse
Development Applications
1 3 (4.11%) HP UFT
General
1 44 (60.27%) Finance
2 29 (39.73%) Banking
3 19 (26.03%) Investment Banking
4 12 (16.44%) Front Office
5 4 (5.48%) Legal
6 2 (2.74%) Financial Institution
7 1 (1.37%) Advertising
7 1 (1.37%) Telecoms
Job Titles
1 33 (45.21%) Analyst
2 29 (39.73%) Developer
3 22 (30.14%) Business Analyst
4 13 (17.81%) Java Developer
5 9 (12.33%) Test Analyst
6 8 (10.96%) SQL Developer
7 6 (8.22%) Systems Engineer
7 6 (8.22%) Integration Engineer
7 6 (8.22%) Systems Integration Engineer
8 4 (5.48%) C# Developer
9 3 (4.11%) Project Manager
9 3 (4.11%) Senior Developer
9 3 (4.11%) QA Test Analyst
9 3 (4.11%) Functional Analyst
9 3 (4.11%) QA Analyst
9 3 (4.11%) IT Business Analyst
9 3 (4.11%) Functional Test Analyst
9 3 (4.11%) WPF Developer
10 2 (2.74%) Fixed Income Business Analyst
10 2 (2.74%) Market Risk Developer
Libraries, Frameworks & Software Standards
1 9 (12.33%) J2EE
2 7 (9.59%) .NET
3 6 (8.22%) FIX Protocol
4 4 (5.48%) WPF
5 1 (1.37%) Spring
Miscellaneous
1 27 (36.99%) Equity Derivative
2 15 (20.55%) Equities
3 12 (16.44%) Analytical Skills
4 9 (12.33%) Foreign Exchange (FX)
5 8 (10.96%) Fixed Income
6 6 (8.22%) Market Risk
7 4 (5.48%) Reference Data
8 3 (4.11%) Visualisation
8 3 (4.11%) User Experience
8 3 (4.11%) Swaptions
9 2 (2.74%) Computer Science
Operating Systems
1 19 (26.03%) UNIX
2 14 (19.18%) Linux
3 3 (4.11%) Red Hat Enterprise Linux
4 2 (2.74%) Windows
Processes & Methodologies
1 15 (20.55%) Asset Management
2 13 (17.81%) Investment Management
3 10 (13.70%) Business Analysis
4 9 (12.33%) System Testing
4 9 (12.33%) Performance Tuning
5 7 (9.59%) ETL
6 6 (8.22%) Stakeholder Management
6 6 (8.22%) Use Case
6 6 (8.22%) Test Scripting
7 5 (6.85%) Data Analysis
7 5 (6.85%) Analytics
8 4 (5.48%) Stakeholder Engagement
8 4 (5.48%) Validation
8 4 (5.48%) Requirements Analysis
9 3 (4.11%) User Acceptance Testing
9 3 (4.11%) Unit Testing
9 3 (4.11%) Systems Analysis
9 3 (4.11%) Time Management
9 3 (4.11%) Project Management
9 3 (4.11%) Regression Testing
Programming Languages
1 36 (49.32%) SQL
2 29 (39.73%) Java
3 16 (21.92%) T-SQL
4 13 (17.81%) C#
5 12 (16.44%) C++
5 12 (16.44%) Shell Script
6 8 (10.96%) Python
6 8 (10.96%) Perl
Qualifications
1 2 (2.74%) ISTQB
1 2 (2.74%) Degree
2 1 (1.37%) ISEB
Quality Assurance & Compliance
1 8 (10.96%) EMIR
2 7 (9.59%) Dodd-Frank
3 3 (4.11%) QA
4 1 (1.37%) GAAP
4 1 (1.37%) MiFID
Vendors
1 14 (19.18%) Sybase
2 8 (10.96%) Charles River
3 2 (2.74%) Calypso
4 1 (1.37%) Reuters
4 1 (1.37%) Bloomberg
Edinburgh
Cathcart Associates
Rate: £350 - £450 per day
Posted: 12 days ago
Edinburgh
Cathcart Associates
Posted: 12 days ago
Edinburgh
Cathcart Associates
Rate: £300 - £400 per day
Posted: 13 days ago