The table below looks at the prevalence of the term Derivative in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Derivative over the 3 months to 5 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
5 May 2015
Same period 2014 Same period 2013
Derivatives
Rank 207 155 97
Rank change year-on-year
-52 -58
Contract jobs citing Derivative 586 721 940
As % of all contract IT jobs located in the UK 1.05% 1.32% 1.98%
As % of the Miscellaneous category 3.46% 4.25% 6.32%
Number of daily rates quoted 426 558 711
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£550 £575 £550
Average daily rate % change year-on-year
-4.34% +4.54%
90% offered a daily rate of more than £425 £419 £438
10% offered a daily rate of more than £675 £700 £675
UK excluding London average daily rate £413 £375 £375
% change year-on-year
+10.00% -
Number of hourly rates quoted 0 4 1
Average hourly rate - £32.25 £17.00
Average hourly rate % change year-on-year
- +89.70%
UK excluding London average hourly rate - £42.00 £17.00
% change year-on-year
- +147.05%

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
16952 16963 14865
As % of all contract IT jobs located in the UK 30.32% 31.08% 31.25%
Number of daily rates quoted 10413 10531 8844
Average daily rate £420 £401 £425
Average daily rate % change year-on-year
+4.86% -5.76%
90% offered a daily rate of more than £250 £235 £245
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 649 663 636
Average hourly rate £19.00 £21.78 £23.50
Average hourly rate % change year-on-year
-12.74% -7.34%
90% offered a hourly rate of more than £11.50 £11.91 £12.42
10% offered a hourly rate of more than £45.60 £42.50 £45.00
UK excluding London average hourly rate £19.50 £22.50 £22.50
% change year-on-year
-13.33% -

Derivative
Jobs Demand Trend

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

Derivative Jobs Demand Trend in the UK

Derivative
Daily Rate Trend

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

Derivative Daily Rate Trend in the UK

Derivative
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Derivative within the UK over the 3 months to 5 May 2015.

Derivative Daily Rate Histogram in the UK

Derivative
Hourly Rate Trend

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

Derivative Hourly Rate Trend in the UK

Derivative
Top 29 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Derivative within the UK over the 3 months to 5 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
England -56 552 £550 -4.34% 107
London -16 528 £550 -4.34% 101
City of London -18 155 £575 +2.22% 48
Scotland -10 25 £450 +12.50% 5
Glasgow -1 16 £400 +6.66% 3
South East -20 14 £300 +0.50% 5
Canary Wharf -1 11 £550 -26.66%
Hampshire -9 11 £300 +0.50% 1
Stirling -7 4 - -
Edinburgh -13 4 £463 -17.77% 2
County Antrim - 3 £388 -
Belfast - 3 £388 -
Manchester - 3 £263 -
South West - 3 £425 -
Northern Ireland - 3 £388 -
North West - 3 £263 - 1
Hook -10 2 - -
Tyne and Wear - 2 - -
Surrey - 2 £280 - 3
Wiltshire - 2 £425 -
Newcastle upon Tyne - 2 - -
North East - 2 - -
Docklands, London -9 1 £613 +16.66%
Milton Keynes - 1 £425 -
Cheltenham - 1 £425 -
Buckinghamshire - 1 £425 -
Cambridgeshire - 1 £350 -
Gloucestershire - 1 £425 -
East of England - 1 £350 -

Derivative
Top 30 Related IT Skills

For the 6 months to 5 May 2015, IT contractor jobs within the UK 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.

1 544 (43.69%) Banking
2 494 (39.68%) Front Office
3 469 (37.67%) Finance
4 378 (30.36%) SQL
5 369 (29.64%) Java
6 349 (28.03%) Investment Banking
7 282 (22.65%) Agile Software Development
8 280 (22.49%) Equity Derivative
9 276 (22.17%) Equities
10 269 (21.61%) C#
11 264 (21.20%) Fixed Income
12 260 (20.88%) Foreign Exchange (FX)
13 237 (19.04%) UNIX
14 192 (15.42%) OO
15 182 (14.62%) Analytical Skills
16 181 (14.54%) .NET
17 176 (14.14%) C++
18 149 (11.97%) Multithreading
19 141 (11.33%) Linux
20 130 (10.44%) TDD
21 123 (9.88%) Oracle
22 122 (9.80%) Python
23 116 (9.32%) SQL Server
24 109 (8.76%) Business Analysis
25 108 (8.67%) Project Management
26 104 (8.35%) Risk Management
27 102 (8.19%) Data Modelling
28 101 (8.11%) Degree
29 99 (7.95%) Credit Derivative
30 98 (7.87%) XML

Derivative
Top Related IT Skills by Category

For the 6 months to 5 May 2015, IT contractor jobs within the UK 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 23 (1.85%) WebSphere
2 14 (1.12%) Oracle Workflow
3 13 (1.04%) WebLogic
4 12 (0.96%) Tomcat
5 10 (0.80%) MQSeries
6 9 (0.72%) SharePoint
7 8 (0.64%) Apache
7 8 (0.64%) Oracle Coherence
7 8 (0.64%) Node.js
8 5 (0.40%) Apache Spark
8 5 (0.40%) IIS
9 3 (0.24%) SharePoint 2013
9 3 (0.24%) Confluence
10 1 (0.080%) GemFire
10 1 (0.080%) SharePoint 2010
10 1 (0.080%) Lync
10 1 (0.080%) FileNet
10 1 (0.080%) Documentum
10 1 (0.080%) BizTalk Server
10 1 (0.080%) MTS
Applications
1 53 (4.26%) MS Excel
2 20 (1.61%) MS Office
3 19 (1.53%) MS PowerPoint
4 15 (1.20%) MS Project
5 11 (0.88%) Spreadsheet
6 8 (0.64%) MS Visio
7 3 (0.24%) Acrobat
8 2 (0.16%) RoboHelp
8 2 (0.16%) FrameMaker
9 1 (0.080%) PowerPivot
Business Applications
1 34 (2.73%) Markit EDM
2 25 (2.01%) thinkFolio
3 23 (1.85%) Summit
4 19 (1.53%) ION MarketView
5 12 (0.96%) LatentZero
5 12 (0.96%) Sentinel
6 9 (0.72%) IntelliMatch
7 8 (0.64%) SunGard GMI
8 6 (0.48%) Tesseract
8 6 (0.48%) Minerva
9 4 (0.32%) Oracle Applications
9 4 (0.32%) FLEXCUBE
9 4 (0.32%) Oracle General Ledger
9 4 (0.32%) Temenos T24
9 4 (0.32%) Eagle PACE
10 3 (0.24%) SunGard Stream Clearvision
10 3 (0.24%) Global One
10 3 (0.24%) RMDS
11 1 (0.080%) SunGard Stream Ubix
11 1 (0.080%) Rolfe and Nolan
Cloud Services
1 2 (0.16%) Amazon AWS
Communications & Networking
1 8 (0.64%) HTTP
2 7 (0.56%) Firewall
3 6 (0.48%) TCP/IP
4 4 (0.32%) Multicast
5 2 (0.16%) DNS
5 2 (0.16%) HTTPS
5 2 (0.16%) SSL
5 2 (0.16%) Internet
5 2 (0.16%) DSL
6 1 (0.080%) Unified Communications
6 1 (0.080%) Kerberos
Database & Business Intelligence
1 116 (9.32%) SQL Server
2 84 (6.75%) Relational Database
3 52 (4.18%) RDBMS
4 33 (2.65%) Data Warehouse
5 25 (2.01%) SQL Server 2008
6 22 (1.77%) Oracle Database
7 21 (1.69%) Hadoop
8 19 (1.53%) SQL Server Integration Services
8 19 (1.53%) DB2
8 19 (1.53%) MS Access
9 15 (1.20%) SQL Server Reporting Services
10 13 (1.04%) Big Data
10 13 (1.04%) Data Mining
11 10 (0.80%) DTS
11 10 (0.80%) KDB
12 9 (0.72%) HBase
12 9 (0.72%) Sybase ASE
13 8 (0.64%) Pentaho
13 8 (0.64%) Oracle Database 11g
14 7 (0.56%) Apache Hive
Development Applications
1 46 (3.69%) Subversion
2 45 (3.61%) Ant
3 40 (3.21%) JIRA
4 36 (2.89%) TeamCity
4 36 (2.89%) NUnit
5 32 (2.57%) ClearCase
6 30 (2.41%) JUnit
7 29 (2.33%) Maven
8 28 (2.25%) CppUnit
8 28 (2.25%) GoogleTest
9 22 (1.77%) Rational Rose
9 22 (1.77%) CruiseControl
10 19 (1.53%) Visual Studio
11 13 (1.04%) Team Foundation Server
12 10 (0.80%) ProC
13 9 (0.72%) Git (software)
13 9 (0.72%) Eclipse
14 6 (0.48%) jMock
14 6 (0.48%) Cucumber
15 4 (0.32%) Toad
General
1 544 (43.69%) Banking
2 494 (39.68%) Front Office
3 469 (37.67%) Finance
4 349 (28.03%) Investment Banking
5 92 (7.39%) Back Office
6 40 (3.21%) Financial Institution
7 25 (2.01%) Telecoms
8 21 (1.69%) Legal
9 19 (1.53%) Retail
10 14 (1.12%) French Language
11 12 (0.96%) General Ledger
12 5 (0.40%) Corporate Banking
12 5 (0.40%) Advertising
13 4 (0.32%) Private Banking
14 2 (0.16%) Retail Banking
14 2 (0.16%) Billing
15 1 (0.080%) Marketing
15 1 (0.080%) German Language
Job Titles
1 569 (45.70%) Developer
2 416 (33.41%) Analyst
3 264 (21.20%) Business Analyst
4 201 (16.14%) Java Developer
5 125 (10.04%) C# Developer
6 86 (6.91%) Senior Developer
7 80 (6.43%) Project Manager
8 66 (5.30%) C++ Developer
9 54 (4.34%) Support Analyst
10 42 (3.37%) Applications Support
11 38 (3.05%) .NET Developer
12 34 (2.73%) Senior Java Developer
13 31 (2.49%) RAD Developer
14 29 (2.33%) Excel Developer
15 27 (2.17%) Python Developer
16 26 (2.09%) Programmer
16 26 (2.09%) C# .NET Developer
17 24 (1.93%) Senior Analyst
17 24 (1.93%) Analyst Programmer
17 24 (1.93%) Applications Support Analyst
Libraries, Frameworks & Software Standards
1 181 (14.54%) .NET
2 98 (7.87%) XML
3 90 (7.23%) WPF
4 62 (4.98%) FIX Protocol
4 62 (4.98%) WCF
5 61 (4.90%) Spring
6 53 (4.26%) HTML
7 38 (3.05%) HTML5
8 36 (2.89%) .NET Framework
8 36 (2.89%) FpML
9 32 (2.57%) Web Services
9 32 (2.57%) RESTful
10 29 (2.33%) WinForms
10 29 (2.33%) JMS
11 21 (1.69%) Hibernate
12 20 (1.61%) Swing
12 20 (1.61%) JDBC
12 20 (1.61%) SOAP
12 20 (1.61%) AngularJS
13 19 (1.53%) REST
Miscellaneous
1 280 (22.49%) Equity Derivative
2 276 (22.17%) Equities
3 264 (21.20%) Fixed Income
4 260 (20.88%) Foreign Exchange (FX)
5 182 (14.62%) Analytical Skills
6 99 (7.95%) Credit Derivative
7 69 (5.54%) Computer Science
8 62 (4.98%) Interest Rate Derivative
9 42 (3.37%) Mathematics
10 29 (2.33%) Market Risk
11 25 (2.01%) Data Structures
12 24 (1.93%) Algorithms
12 24 (1.93%) Credit Risk
13 20 (1.61%) Management Information System
14 14 (1.12%) Reference Data
15 12 (0.96%) N-Tier
15 12 (0.96%) Grid Computing
15 12 (0.96%) Inversion of Control
16 11 (0.88%) Swaptions
17 10 (0.80%) SWIFT
Operating Systems
1 237 (19.04%) UNIX
2 141 (11.33%) Linux
3 63 (5.06%) Windows
4 12 (0.96%) Red Hat Enterprise Linux
5 3 (0.24%) Solaris
6 2 (0.16%) Amazon Linux
6 2 (0.16%) Oracle Linux
7 1 (0.080%) CentOS
Processes & Methodologies
1 282 (22.65%) Agile Software Development
2 192 (15.42%) OO
3 149 (11.97%) Multithreading
4 130 (10.44%) TDD
5 109 (8.76%) Business Analysis
6 108 (8.67%) Project Management
7 104 (8.35%) Risk Management
8 102 (8.19%) Data Modelling
9 78 (6.27%) Workflow
10 71 (5.70%) Electronic Trading
11 70 (5.62%) Analytics
12 65 (5.22%) Asset Management
13 62 (4.98%) User Acceptance Testing
14 58 (4.66%) Stakeholder Management
15 54 (4.34%) OOD
15 54 (4.34%) UML
15 54 (4.34%) Investment Management
16 53 (4.26%) RAD
16 53 (4.26%) Migration
17 51 (4.10%) Low Latency
Programming Languages
1 378 (30.36%) SQL
2 369 (29.64%) Java
3 269 (21.61%) C#
4 176 (14.14%) C++
5 122 (9.80%) Python
6 78 (6.27%) VBA
7 61 (4.90%) JavaScript
8 60 (4.82%) Perl
9 34 (2.73%) C
10 32 (2.57%) Scala
11 30 (2.41%) Shell Script
12 27 (2.17%) T-SQL
13 12 (0.96%) VB
13 12 (0.96%) PL/SQL
13 12 (0.96%) Go
14 11 (0.88%) Clojure
15 9 (0.72%) VBScript
16 8 (0.64%) XAML
17 7 (0.56%) Haskell
18 6 (0.48%) Korn
Qualifications
1 101 (8.11%) Degree
2 28 (2.25%) Security Cleared
3 23 (1.85%) SC Cleared
4 11 (0.88%) ISEB
5 7 (0.56%) ISTQB
6 6 (0.48%) PMI Certification
6 6 (0.48%) CFA
7 4 (0.32%) PRINCE2 Certification
7 4 (0.32%) PMP
8 3 (0.24%) DV Cleared
8 3 (0.24%) ISEB Practitioner
9 2 (0.16%) PhD
9 2 (0.16%) ISTQB Foundation Certification
10 1 (0.080%) CAPM
10 1 (0.080%) ITIL Certification
10 1 (0.080%) Postgraduate
Quality Assurance & Compliance
1 52 (4.18%) QA
2 45 (3.61%) EMIR
3 35 (2.81%) Dodd-Frank
4 13 (1.04%) MiFID
5 6 (0.48%) Basel III
6 4 (0.32%) FATCA
6 4 (0.32%) Data Quality
7 3 (0.24%) Solvency II
8 2 (0.16%) ISO 9001
8 2 (0.16%) COREP
9 1 (0.080%) CRD IV
9 1 (0.080%) Sarbanes-Oxley
9 1 (0.080%) Basel II
9 1 (0.080%) SLA
System Software
1 3 (0.24%) Apache Flume
2 2 (0.16%) Platform Symphony
2 2 (0.16%) HDFS
2 2 (0.16%) Varnish
3 1 (0.080%) Ceph
3 1 (0.080%) Active Directory
Systems Management
1 20 (1.61%) HP Quality Center
2 15 (1.20%) Control-M
3 8 (0.64%) ITRS Geneos
4 3 (0.24%) Vagrant
5 2 (0.16%) Ansible
5 2 (0.16%) Puppet
5 2 (0.16%) Oozie
6 1 (0.080%) Opscode Chef
6 1 (0.080%) CA Single Sign-On
Vendors
1 123 (9.88%) Oracle
2 76 (6.10%) Sybase
3 60 (4.82%) Microsoft
4 35 (2.81%) Murex
5 34 (2.73%) TIBCO
6 29 (2.33%) Bloomberg
7 26 (2.09%) ION Trading
8 24 (1.93%) DevExpress
9 21 (1.69%) IBM
10 19 (1.53%) Calypso
11 17 (1.37%) Tradeweb
12 15 (1.20%) Charles River
13 14 (1.12%) Business Objects
14 12 (0.96%) SunGard
14 12 (0.96%) Infragistics
15 11 (0.88%) Sophis
15 11 (0.88%) Red Hat
16 10 (0.80%) Fidessa
17 9 (0.72%) Informatica
18 8 (0.64%) Wall Street Systems
City, London
TEKsystems
Rate: £550 - £650 per day
Posted: 16 hours ago
City, London
TEKsystems
Rate: £575 - £625 per day
Posted: 3 days ago
City, London
McGregor Boyall
Rate: £550 - £750 per day
Posted: 3 days ago
London
TEKsystems
Rate: £500 - £600 per day
Posted: 4 days ago
City, London
Harrington Starr
Rate: £500 - £700 per day
Posted: 4 days ago
City of London
Harrington Starr
Rate: £500 - £650 per day
Posted: 4 days ago
London
Hays Finance Technology
Rate: £550.00 - £600.00 per annum
Posted: 5 days ago
City, London
Red10
Rate: £120 - £160 per annum
Posted: 5 days ago
City, London
TEKsystems
Rate: £450 - £550 per day
Posted: 6 days ago
London
Huxley Banking & Financial Services
Rate: competitive
Posted: 8 days ago
City, London
Bloomberg LP
Posted: 11 days ago
City of London
Hays IT - Uk Posting account
Rate: £550.00 - £630.00 per day
Posted: 11 days ago
London
Huxley Banking & Financial Services
Rate: competitive
Posted: 12 days ago
City, London
MACQUARIE
Rate: From £550 to £650 per day
Posted: 13 days ago
Edinburgh
The People Network
Rate: £400 - £500 per day
Posted: 14 days ago
London
Huxley Banking & Financial Services
Rate: £525 - £575 per day
Posted: 18 days ago
Glasgow
Claremont Consulting Limited
Rate: £0.00 per annum
Posted: 18 days ago
London
Hays IT - Uk Posting account
Rate: £525.00 - £575.00 per day
Posted: 18 days ago
London
Hays IT - Uk Posting account
Rate: £550.00 - £600.00 per annum
Posted: 19 days ago
City of London
Hays IT - Uk Posting account
Rate: £550.00 - £680.00 per day
Posted: 19 days ago