The table below looks at the prevalence of the term Credit Derivative in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Credit Derivative over the 3 months to 28 May 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
28 May 2015
Same period 2014 Same period 2013
Credit Derivatives
Rank 560 523 396
Rank change year-on-year
-37 -127
Contract jobs citing Credit Derivative 37 70 150
As % of all contract IT jobs located in the UK 0.067% 0.13% 0.32%
As % of the Miscellaneous category 0.21% 0.41% 0.97%
Number of daily rates quoted 29 48 102
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£600 £550 £550
Average daily rate % change year-on-year
+9.09% -
90% offered a daily rate of more than £525 £425 £500
10% offered a daily rate of more than £725 £608 £600
UK excluding London average daily rate £488 £375 -
% change year-on-year
+30.00% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -

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

Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
17367 17069 15456
As % of all contract IT jobs located in the UK 31.54% 31.50% 32.66%
Number of daily rates quoted 10676 10620 9104
Average daily rate £413 £405 £425
Average daily rate % change year-on-year
+1.85% -4.70%
90% offered a daily rate of more than £250 £232 £240
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 691 680 661
Average hourly rate £18.61 £21.00 £22.50
Average hourly rate % change year-on-year
-11.40% -6.66%
90% offered a hourly rate of more than £12.00 £12.00 £12.50
10% offered a hourly rate of more than £45.00 £42.50 £45.00
UK excluding London average hourly rate £19.00 £21.00 £21.00
% change year-on-year
-9.52% -

Credit Derivative
Jobs Demand Trend

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

Credit Derivative Jobs Demand Trend in the UK

Credit Derivative
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Credit Derivative within the UK.

Credit Derivative Daily Rate Trend in the UK

Credit Derivative
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Credit Derivative within the UK over the 3 months to 28 May 2015.

Credit Derivative Daily Rate Histogram in the UK

Credit Derivative
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Credit Derivative within the UK.

Credit Derivative Hourly Rate Trend in the UK

Credit Derivative
Top 5 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Credit Derivative within the UK over the 3 months to 28 May 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
London -17 33 £600 +9.09% 8
England -52 33 £600 +9.09% 8
City of London +12 14 £588 +6.81% 4
Scotland - 2 £400 -
Glasgow - 2 £400 -

Credit Derivative
Top 30 Related IT Skills

For the 6 months to 28 May 2015, IT contractor jobs within the UK citing Credit 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 Credit Derivative.

1 91 (97.85%) Derivative
2 72 (77.42%) Front Office
3 56 (60.22%) Finance
4 43 (46.24%) Foreign Exchange (FX)
5 38 (40.86%) Banking
6 33 (35.48%) Java
7 31 (33.33%) Investment Banking
8 28 (30.11%) Fixed Income
8 28 (30.11%) Agile Software Development
8 28 (30.11%) SQL
8 28 (30.11%) OO
9 27 (29.03%) XML
10 25 (26.88%) Equity Derivative
11 23 (24.73%) Interest Rate Derivative
11 23 (24.73%) C#
12 21 (22.58%) Multithreading
13 19 (20.43%) Workflow
14 17 (18.28%) Business Analysis
15 16 (17.20%) UML
15 16 (17.20%) Data Modelling
15 16 (17.20%) FpML
15 16 (17.20%) Analytics
16 15 (16.13%) Risk Management
17 14 (15.05%) Relational Database
18 13 (13.98%) Equities
18 13 (13.98%) TDD
19 12 (12.90%) WPF
19 12 (12.90%) Financial Institution
19 12 (12.90%) .NET
19 12 (12.90%) Low Latency

Credit Derivative
Top Related IT Skills by Category

For the 6 months to 28 May 2015, IT contractor jobs within the UK citing Credit 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 Credit Derivative. Up to 20 skills are shown per category.

Application Platforms
1 2 (2.15%) Apache Spark
1 2 (2.15%) Oracle Workflow
2 1 (1.08%) MTS
2 1 (1.08%) Oracle Coherence
Applications
1 2 (2.15%) MS Office
2 1 (1.08%) MS Excel
2 1 (1.08%) Spreadsheet
Business Applications
1 2 (2.15%) RMDS
2 1 (1.08%) Summit
Database & Business Intelligence
1 14 (15.05%) Relational Database
2 11 (11.83%) RDBMS
3 9 (9.68%) SQL Server
3 9 (9.68%) Hadoop
4 8 (8.60%) HBase
5 6 (6.45%) Apache Hive
6 4 (4.30%) Big Data
6 4 (4.30%) Impala
7 2 (2.15%) Oracle Database
7 2 (2.15%) Data Warehouse
8 1 (1.08%) OLAP
8 1 (1.08%) SQL Server Reporting Services
8 1 (1.08%) SQL Server Integration Services
8 1 (1.08%) QlikView
8 1 (1.08%) BusinessObjects XI
8 1 (1.08%) SQL Server Analysis Services
Development Applications
1 3 (3.23%) JIRA
1 3 (3.23%) Git (software)
2 2 (2.15%) Subversion
2 2 (2.15%) Visual Studio
3 1 (1.08%) SonarQube
3 1 (1.08%) Jenkins
3 1 (1.08%) SpecFlow
3 1 (1.08%) FxCop
3 1 (1.08%) StyleCop
3 1 (1.08%) TeamCity
General
1 72 (77.42%) Front Office
2 56 (60.22%) Finance
3 38 (40.86%) Banking
4 31 (33.33%) Investment Banking
5 12 (12.90%) Financial Institution
6 9 (9.68%) Back Office
7 4 (4.30%) French Language
8 2 (2.15%) Legal
Job Titles
1 46 (49.46%) Developer
2 33 (35.48%) Analyst
3 29 (31.18%) Business Analyst
4 23 (24.73%) Java Developer
5 12 (12.90%) C# Developer
6 8 (8.60%) Senior Developer
7 7 (7.53%) Data Modeller
8 5 (5.38%) Business Systems Analyst
8 5 (5.38%) Systems Analyst
9 4 (4.30%) WPF Developer
9 4 (4.30%) Investment Banking Business Analyst
9 4 (4.30%) Senior C# Developer
9 4 (4.30%) Senior Java Developer
10 3 (3.23%) Senior Business Analyst
10 3 (3.23%) Support Analyst
10 3 (3.23%) Senior Analyst
10 3 (3.23%) Scala Developer
11 2 (2.15%) Hadoop Developer
11 2 (2.15%) Banking Business Analyst
11 2 (2.15%) Python Developer
Libraries, Frameworks & Software Standards
1 27 (29.03%) XML
2 16 (17.20%) FpML
3 12 (12.90%) WPF
3 12 (12.90%) .NET
4 6 (6.45%) Reactive Extensions
5 5 (5.38%) Apache Camel
6 4 (4.30%) Akka
6 4 (4.30%) JMS
7 2 (2.15%) HTML5
7 2 (2.15%) HTML
7 2 (2.15%) Swing
8 1 (1.08%) Web Services
8 1 (1.08%) Rendezvous
8 1 (1.08%) Middleware
8 1 (1.08%) WinForms
8 1 (1.08%) .NET Framework
8 1 (1.08%) FIX Protocol
8 1 (1.08%) JSON
8 1 (1.08%) PLINQ
8 1 (1.08%) REST
Miscellaneous
1 91 (97.85%) Derivative
2 43 (46.24%) Foreign Exchange (FX)
3 28 (30.11%) Fixed Income
4 25 (26.88%) Equity Derivative
5 23 (24.73%) Interest Rate Derivative
6 13 (13.98%) Equities
7 6 (6.45%) Data Structures
8 5 (5.38%) Computer Science
8 5 (5.38%) Algorithms
8 5 (5.38%) Credit Risk
9 4 (4.30%) Analytical Skills
9 4 (4.30%) SWIFT
10 3 (3.23%) Mathematics
10 3 (3.23%) Market Risk
11 2 (2.15%) CUDA
11 2 (2.15%) Swaptions
11 2 (2.15%) Management Information System
12 1 (1.08%) N-Tier
12 1 (1.08%) Replication
12 1 (1.08%) User Experience
Operating Systems
1 7 (7.53%) UNIX
2 3 (3.23%) Windows
2 3 (3.23%) Linux
Processes & Methodologies
1 28 (30.11%) Agile Software Development
1 28 (30.11%) OO
2 21 (22.58%) Multithreading
3 19 (20.43%) Workflow
4 17 (18.28%) Business Analysis
5 16 (17.20%) UML
5 16 (17.20%) Data Modelling
5 16 (17.20%) Analytics
6 15 (16.13%) Risk Management
7 13 (13.98%) TDD
8 12 (12.90%) Low Latency
8 12 (12.90%) Data Architecture
9 9 (9.68%) Greeks
10 8 (8.60%) Ultra-Low Latency
10 8 (8.60%) Functional Programming
11 7 (7.53%) BDD
11 7 (7.53%) User Acceptance Testing
12 6 (6.45%) OOD
13 5 (5.38%) GAP Analysis
13 5 (5.38%) Data Management
Programming Languages
1 33 (35.48%) Java
2 28 (30.11%) SQL
3 23 (24.73%) C#
4 9 (9.68%) C++
5 6 (6.45%) VBA
6 5 (5.38%) Scala
6 5 (5.38%) Clojure
7 4 (4.30%) Python
8 3 (3.23%) Perl
9 2 (2.15%) PL/SQL
10 1 (1.08%) C
10 1 (1.08%) T-SQL
Qualifications
1 7 (7.53%) Degree
2 1 (1.08%) Postgraduate
2 1 (1.08%) PhD
Quality Assurance & Compliance
1 3 (3.23%) Dodd-Frank
2 1 (1.08%) Basel II
2 1 (1.08%) QA
2 1 (1.08%) Basel III
System Software
1 3 (3.23%) Apache Flume
2 2 (2.15%) HDFS
Systems Management
1 2 (2.15%) Oozie
2 1 (1.08%) ITRS Geneos
Vendors
1 12 (12.90%) Tradeweb
2 10 (10.75%) Murex
3 5 (5.38%) Sybase
3 5 (5.38%) Bloomberg
4 4 (4.30%) DevExpress
4 4 (4.30%) Microsoft
4 4 (4.30%) Oracle
5 3 (3.23%) TIBCO
6 2 (2.15%) MarketAxess
6 2 (2.15%) Actian
6 2 (2.15%) ION Trading
7 1 (1.08%) Calypso
7 1 (1.08%) eSpeed
7 1 (1.08%) Perforce
7 1 (1.08%) DataSynapse
7 1 (1.08%) Red Gate
7 1 (1.08%) Cloudera
7 1 (1.08%) Syncfusion
City, London
Hays Finance Technology
Rate: £500.00 - £600.00 per day
Posted: Yesterday
London
Hays Finance Technology
Rate: £500.00 - £700.00 per day
Posted: 2 days ago
City, London
TEKsystems
Rate: £550 - £600 per day
Posted: 6 days ago
City of London
Hays IT - Uk Posting account
Rate: £550.00 - £600.00 per day
Posted: 8 days ago