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 8 February 2016 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
8 Feb 2016
Same period 2015 Same period 2014
Derivatives
Rank 125 109 102
Rank change year-on-year
-16 -7
Contract jobs citing Derivative 5 13 12
As % of all contract IT jobs located in Scotland 0.20% 0.48% 0.53%
As % of the Miscellaneous category 0.66% 1.74% 2.21%
Number of daily rates quoted 2 7 9
Average daily rate £431 £475 £475
Average daily rate % change year-on-year
-9.21% -
90% offered a daily rate of more than £356 £441 £394
10% offered a daily rate of more than £506 £535 £560
UK excluding London average daily rate £325 £475 £425
% change year-on-year
-31.57% +11.76%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
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
754 747 542
As % of all contract IT jobs located in Scotland 29.56% 27.68% 23.90%
Number of daily rates quoted 380 407 255
Average daily rate £350 £375 £375
Average daily rate % change year-on-year
-6.66% -
90% offered a daily rate of more than £179 £200 £225
10% offered a daily rate of more than £525 £500 £500
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 15 19 19
Average hourly rate £39.50 £19.00 £15.50
Average hourly rate % change year-on-year
+107.89% +22.58%
90% offered a hourly rate of more than £17.00 £13.57 £11.60
10% offered a hourly rate of more than £44.40 £31.20 £32.50
UK excluding London average hourly rate £24.00 £17.50 £17.50
% change year-on-year
+37.14% -

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 8 February 2016.

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 8 February 2016. 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 +9 3 £338 -28.94% 4
Edinburgh -17 2 £525 +5.00% 1
Derivative
UK

Derivative
Top 30 Related IT Skills in Scotland

For the 6 months to 8 February 2016, 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 38 (80.85%) Finance
2 19 (40.43%) Equity Derivative
3 16 (34.04%) Equities
4 15 (31.91%) SQL
4 15 (31.91%) Banking
5 13 (27.66%) Investment Management
6 12 (25.53%) C#
6 12 (25.53%) .NET
7 11 (23.40%) Java
7 11 (23.40%) Investment Banking
8 10 (21.28%) WPF
8 10 (21.28%) Data Analytics
8 10 (21.28%) Analytics
8 10 (21.28%) Market Making
9 9 (19.15%) User Experience
9 9 (19.15%) Visualisation
9 9 (19.15%) High Availability
9 9 (19.15%) Unit Testing
10 8 (17.02%) SQL Server Integration Services
10 8 (17.02%) Markit EDM
10 8 (17.02%) SQL Server Reporting Services
10 8 (17.02%) ETL
10 8 (17.02%) SQL Server
10 8 (17.02%) T-SQL
10 8 (17.02%) DTS
11 7 (14.89%) Agile Software Development
11 7 (14.89%) Stakeholder Management
12 6 (12.77%) Fixed Income
12 6 (12.77%) Legal
12 6 (12.77%) Business Analysis

Derivative
Top Related IT Skills in Scotland by Category

For the 6 months to 8 February 2016, 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.

Application Platforms
1 1 (2.13%) SharePoint
Applications
1 1 (2.13%) MS Excel
Business Applications
1 8 (17.02%) Markit EDM
2 1 (2.13%) thinkFolio
Database & Business Intelligence
1 8 (17.02%) DTS
1 8 (17.02%) SQL Server
1 8 (17.02%) SQL Server Integration Services
1 8 (17.02%) SQL Server Reporting Services
2 4 (8.51%) Data Warehouse
2 4 (8.51%) Relational Database
Development Applications
1 2 (4.26%) HP UFT
General
1 38 (80.85%) Finance
2 15 (31.91%) Banking
3 11 (23.40%) Investment Banking
4 6 (12.77%) Legal
5 5 (10.64%) Front Office
6 2 (4.26%) Marketing
Job Titles
1 23 (48.94%) Developer
2 16 (34.04%) Analyst
3 11 (23.40%) Business Analyst
4 10 (21.28%) C# Developer
5 6 (12.77%) Project Manager
6 5 (10.64%) C# WPF Developer
6 5 (10.64%) WPF Developer
7 4 (8.51%) Business Data Analyst
7 4 (8.51%) C++ Developer
7 4 (8.51%) Data Analyst
7 4 (8.51%) Data Business Analyst
7 4 (8.51%) SQL Analyst
7 4 (8.51%) Test Analyst
8 3 (6.38%) Derivatives Business Analyst
8 3 (6.38%) SQL Data Analyst
9 2 (4.26%) .NET Developer
9 2 (4.26%) C# .NET Developer
9 2 (4.26%) Derivatives Project Manager
9 2 (4.26%) Functional Test Analyst
9 2 (4.26%) Programme Manager
Libraries, Frameworks & Software Standards
1 12 (25.53%) .NET
2 10 (21.28%) WPF
3 4 (8.51%) Boost C++ Libraries
Miscellaneous
1 19 (40.43%) Equity Derivative
2 16 (34.04%) Equities
3 9 (19.15%) User Experience
3 9 (19.15%) Visualisation
4 6 (12.77%) Fixed Income
5 4 (8.51%) Analytical Skills
6 2 (4.26%) Foreign Exchange (FX)
6 2 (4.26%) Management Information System
6 2 (4.26%) Reference Data
7 1 (2.13%) Contract for Difference
7 1 (2.13%) Pricing Data
Operating Systems
1 6 (12.77%) Linux
2 2 (4.26%) Unix
Processes & Methodologies
1 13 (27.66%) Investment Management
2 10 (21.28%) Analytics
2 10 (21.28%) Data Analytics
2 10 (21.28%) Market Making
3 9 (19.15%) High Availability
3 9 (19.15%) Unit Testing
4 8 (17.02%) ETL
5 7 (14.89%) Agile Software Development
5 7 (14.89%) Stakeholder Management
6 6 (12.77%) Algorithmic Trading
6 6 (12.77%) Business Analysis
6 6 (12.77%) Project Management
7 5 (10.64%) Asset Management
7 5 (10.64%) Data Analysis
8 4 (8.51%) Data Modelling
8 4 (8.51%) Use Case
9 3 (6.38%) Wealth Management
10 2 (4.26%) Change Control
10 2 (4.26%) Information Security
10 2 (4.26%) Test Scripting
Programming Languages
1 15 (31.91%) SQL
2 12 (25.53%) C#
3 11 (23.40%) Java
4 8 (17.02%) T-SQL
5 6 (12.77%) C++
6 4 (8.51%) Perl
Qualifications
1 2 (4.26%) CGEIT
1 2 (4.26%) CISA
1 2 (4.26%) CISM
1 2 (4.26%) CRISC
1 2 (4.26%) ISTQB
2 1 (2.13%) PMI Certification
2 1 (2.13%) PMP
Quality Assurance & Compliance
1 2 (4.26%) ISO/IEC 27001
1 2 (4.26%) QA
2 1 (2.13%) COBIT
2 1 (2.13%) Dodd-Frank
2 1 (2.13%) EMIR
2 1 (2.13%) Sarbanes-Oxley
Vendors
1 6 (12.77%) Sybase
2 1 (2.13%) Calypso
2 1 (2.13%) Charles River
Edinburgh
Cathcart Associates
Rate: £300 - £340 per day
Posted: 11 days ago