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 3 March 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
3 Mar 2015
Same period 2014 Same period 2013
Derivatives
Rank 177 145 108
Rank change year-on-year
-32 -37
Contract jobs citing Derivative 657 718 871
As % of all contract IT jobs located in the UK 1.25% 1.41% 1.91%
As % of the Miscellaneous category 4.19% 4.62% 6.28%
Number of daily rates quoted 505 564 688
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£550 £550 £558
Average daily rate % change year-on-year
- -1.43%
90% offered a daily rate of more than £450 £425 £380
10% offered a daily rate of more than £675 £700 £650
UK excluding London average daily rate £475 £413 £363
% change year-on-year
+15.15% +13.79%
Number of hourly rates quoted 0 4 1
Average hourly rate - £22.50 £37.50
Average hourly rate % change year-on-year
- -40.00%
UK excluding London average hourly rate - - £37.50

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
15696 15542 13865
As % of all contract IT jobs located in the UK 29.85% 30.62% 30.45%
Number of daily rates quoted 9694 9462 8318
Average daily rate £425 £405 £413
Average daily rate % change year-on-year
+4.93% -1.81%
90% offered a daily rate of more than £250 £233 £245
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £350 £335
% change year-on-year
+7.14% +4.47%
Number of hourly rates quoted 596 628 781
Average hourly rate £19.00 £20.00 £20.00
Average hourly rate % change year-on-year
-5.00% -
90% offered a hourly rate of more than £11.50 £11.90 £11.38
10% offered a hourly rate of more than £45.65 £42.50 £40.00
UK excluding London average hourly rate £18.50 £18.00 £20.00
% change year-on-year
+2.77% -10.00%

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 3 March 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 30 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 3 March 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 -24 635 £550 - 126
London -13 611 £550 -4.34% 118
City of London -17 190 £550 -4.34% 66
South East -16 14 £300 -0.41% 7
Scotland -1 13 £475 +5.55% 1
Hampshire -23 11 £325 +7.88% 1
Edinburgh -2 9 £500 +5.26% 1
Manchester -14 4 £319 -25.00% 1
North West -20 4 £319 -25.00% 1
Glasgow -4 3 £475 +18.75%
Surrey - 3 £280 - 6
Docklands, London -3 2 £523 -3.46% 1
South West - 2 - -
Canary Wharf +1 1 £600 +4.34%
Hook -11 1 £328 +10.29%
East of England - 1 £350 -
Cambridgeshire - 1 £350 -
Dorset - - - -
Essex - - - -
Liverpool - - - -
Basingstoke - - - -
Birmingham - - - -
Bournemouth - - - -
Bristol - - - -
Portsmouth - - - - 1
Preston - - - -
Reading - - - -
Stirling - - - -
Woking - - - - 2
Berkshire - - - -

Derivative
Top 30 Related IT Skills

For the 6 months to 3 March 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.

1 557 (42.78%) Banking
2 526 (40.40%) Front Office
3 483 (37.10%) Finance
4 406 (31.18%) SQL
5 398 (30.57%) Java
6 361 (27.73%) Investment Banking
7 295 (22.66%) Fixed Income
8 294 (22.58%) Foreign Exchange (FX)
8 294 (22.58%) Agile Software Development
9 282 (21.66%) Equities
10 261 (20.05%) Equity Derivative
11 243 (18.66%) C#
12 237 (18.20%) UNIX
13 192 (14.75%) OO
14 181 (13.90%) Analytical Skills
15 175 (13.44%) C++
16 157 (12.06%) Oracle
17 150 (11.52%) .NET
18 136 (10.45%) Linux
18 136 (10.45%) XML
18 136 (10.45%) Credit Derivative
19 133 (10.22%) Multithreading
20 124 (9.52%) Business Analysis
21 121 (9.29%) SQL Server
22 117 (8.99%) Python
22 117 (8.99%) Risk Management
23 114 (8.76%) TDD
24 106 (8.14%) Project Management
25 104 (7.99%) Back Office
26 102 (7.83%) Data Modelling

Derivative
Top Related IT Skills by Category

For the 6 months to 3 March 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 33 (2.53%) WebSphere
2 27 (2.07%) WebLogic
3 17 (1.31%) Tomcat
4 12 (0.92%) Node.js
5 9 (0.69%) Apache
5 9 (0.69%) Oracle Workflow
6 8 (0.61%) Confluence
7 7 (0.54%) SharePoint
8 5 (0.38%) Oracle Coherence
9 4 (0.31%) Apache Spark
10 2 (0.15%) SharePoint 2013
10 2 (0.15%) SharePoint 2010
10 2 (0.15%) MQSeries
11 1 (0.077%) Documentum
11 1 (0.077%) BizTalk Server
11 1 (0.077%) FileNet
11 1 (0.077%) Lync
11 1 (0.077%) AquaLogic Service Bus
11 1 (0.077%) Jetty
11 1 (0.077%) SharePoint Server
Applications
1 54 (4.15%) MS Excel
2 22 (1.69%) MS Office
3 19 (1.46%) MS Project
4 17 (1.31%) MS PowerPoint
5 16 (1.23%) Spreadsheet
6 10 (0.77%) MS Visio
7 2 (0.15%) RoboHelp
7 2 (0.15%) FrameMaker
8 1 (0.077%) PowerPivot
Business Applications
1 33 (2.53%) thinkFolio
2 29 (2.23%) Markit EDM
3 25 (1.92%) Summit
4 24 (1.84%) ION MarketView
5 13 (1.00%) SunGard GMI
6 11 (0.84%) LatentZero
7 9 (0.69%) Sentinel
7 9 (0.69%) IntelliMatch
8 4 (0.31%) Temenos T24
8 4 (0.31%) Oracle Applications
8 4 (0.31%) Global One
8 4 (0.31%) FLEXCUBE
8 4 (0.31%) Endur
9 3 (0.23%) Tesseract
9 3 (0.23%) Minerva
9 3 (0.23%) RMDS
9 3 (0.23%) Remedy ITSM
9 3 (0.23%) Oracle General Ledger
9 3 (0.23%) SunGard Stream Clearvision
10 2 (0.15%) Eagle PACE
Cloud Services
1 4 (0.31%) Amazon AWS
2 3 (0.23%) Microsoft Azure
3 2 (0.15%) PaaS
3 2 (0.15%) IaaS
Communications & Networking
1 9 (0.69%) HTTP
2 6 (0.46%) TCP/IP
3 4 (0.31%) DNS
4 3 (0.23%) Firewall
5 2 (0.15%) NFC
5 2 (0.15%) HTTPS
5 2 (0.15%) SSL
5 2 (0.15%) SNMP
6 1 (0.077%) SAN
6 1 (0.077%) Intranet
6 1 (0.077%) Internet
6 1 (0.077%) NAS
6 1 (0.077%) AMQP
6 1 (0.077%) Unified Communications
Database & Business Intelligence
1 121 (9.29%) SQL Server
2 100 (7.68%) Relational Database
3 50 (3.84%) RDBMS
4 42 (3.23%) Oracle Database
5 25 (1.92%) DB2
5 25 (1.92%) Hadoop
6 21 (1.61%) SQL Server Reporting Services
6 21 (1.61%) Data Warehouse
7 17 (1.31%) SQL Server 2008
8 16 (1.23%) SQL Server Integration Services
9 15 (1.15%) MS Access
9 15 (1.15%) HBase
10 14 (1.08%) Big Data
11 9 (0.69%) Data Mining
11 9 (0.69%) KDB
12 8 (0.61%) PostgreSQL
12 8 (0.61%) Ingres
12 8 (0.61%) Apache Cassandra
13 6 (0.46%) Data Mart
13 6 (0.46%) Oracle Database 11g
Development Applications
1 59 (4.53%) Subversion
2 53 (4.07%) Ant
3 44 (3.38%) Maven
3 44 (3.38%) JIRA
4 40 (3.07%) JUnit
5 36 (2.76%) TeamCity
6 32 (2.46%) NUnit
7 30 (2.30%) CruiseControl
8 29 (2.23%) ClearCase
9 26 (2.00%) GoogleTest
10 25 (1.92%) CppUnit
11 20 (1.54%) Rational Rose
12 18 (1.38%) Git (software)
13 13 (1.00%) Visual Studio
14 10 (0.77%) Eclipse
15 9 (0.69%) ProC
15 9 (0.69%) Team Foundation Server
15 9 (0.69%) Cucumber
16 7 (0.54%) jMock
16 7 (0.54%) ClearQuest
General
1 557 (42.78%) Banking
2 526 (40.40%) Front Office
3 483 (37.10%) Finance
4 361 (27.73%) Investment Banking
5 104 (7.99%) Back Office
6 38 (2.92%) Financial Institution
7 28 (2.15%) Legal
8 16 (1.23%) Telecoms
9 15 (1.15%) French Language
10 13 (1.00%) Retail
11 6 (0.46%) General Ledger
12 3 (0.23%) Corporate Banking
12 3 (0.23%) Private Banking
12 3 (0.23%) Marketing
12 3 (0.23%) Advertising
13 2 (0.15%) Billing
13 2 (0.15%) German Language
13 2 (0.15%) Retail Banking
14 1 (0.077%) International Banking
14 1 (0.077%) Automotive
Job Titles
1 567 (43.55%) Developer
2 433 (33.26%) Analyst
3 270 (20.74%) Business Analyst
4 224 (17.20%) Java Developer
5 115 (8.83%) C# Developer
6 84 (6.45%) Project Manager
7 62 (4.76%) Support Analyst
8 61 (4.69%) Senior Developer
9 58 (4.45%) C++ Developer
10 49 (3.76%) Applications Support
11 33 (2.53%) Banking Business Analyst
12 30 (2.30%) Excel Developer
12 30 (2.30%) Senior Java Developer
13 29 (2.23%) RAD Developer
14 27 (2.07%) Investment Banking Business Analyst
14 27 (2.07%) .NET Developer
15 23 (1.77%) Programmer
15 23 (1.77%) IT Project Manager
16 22 (1.69%) Python Developer
17 21 (1.61%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 150 (11.52%) .NET
2 136 (10.45%) XML
3 85 (6.53%) WPF
4 67 (5.15%) FIX Protocol
4 67 (5.15%) Spring
5 57 (4.38%) WCF
6 47 (3.61%) Web Services
7 44 (3.38%) JMS
8 42 (3.23%) FpML
9 41 (3.15%) HTML
10 36 (2.76%) Hibernate
11 35 (2.69%) RESTful
12 33 (2.53%) REST
13 30 (2.30%) WinForms
14 29 (2.23%) SOAP
14 29 (2.23%) XSLT
15 27 (2.07%) HTML5
16 26 (2.00%) .NET Framework
17 24 (1.84%) Swing
17 24 (1.84%) JDBC
Miscellaneous
1 295 (22.66%) Fixed Income
2 294 (22.58%) Foreign Exchange (FX)
3 282 (21.66%) Equities
4 261 (20.05%) Equity Derivative
5 181 (13.90%) Analytical Skills
6 136 (10.45%) Credit Derivative
7 68 (5.22%) Interest Rate Derivative
8 59 (4.53%) Computer Science
9 45 (3.46%) Mathematics
10 38 (2.92%) Credit Risk
11 36 (2.76%) Market Risk
12 24 (1.84%) Management Information System
13 22 (1.69%) Reference Data
14 21 (1.61%) Data Structures
15 19 (1.46%) Grid Computing
16 17 (1.31%) Inversion of Control
17 15 (1.15%) SWIFT
18 12 (0.92%) Algorithms
19 11 (0.84%) Open Source
20 10 (0.77%) Hedge funds
Operating Systems
1 237 (18.20%) UNIX
2 136 (10.45%) Linux
3 83 (6.37%) Windows
4 15 (1.15%) Red Hat Enterprise Linux
5 9 (0.69%) Windows 7
6 5 (0.38%) Solaris
7 3 (0.23%) Oracle Linux
8 2 (0.15%) Amazon Linux
8 2 (0.15%) CentOS
9 1 (0.077%) Windows 2000
9 1 (0.077%) Windows NT
9 1 (0.077%) Windows XP
9 1 (0.077%) Windows Server 2008
Processes & Methodologies
1 294 (22.58%) Agile Software Development
2 192 (14.75%) OO
3 133 (10.22%) Multithreading
4 124 (9.52%) Business Analysis
5 117 (8.99%) Risk Management
6 114 (8.76%) TDD
7 106 (8.14%) Project Management
8 102 (7.83%) Data Modelling
9 88 (6.76%) Analytics
10 80 (6.14%) Workflow
11 75 (5.76%) Asset Management
12 68 (5.22%) User Acceptance Testing
13 67 (5.15%) Electronic Trading
14 58 (4.45%) Stakeholder Management
15 55 (4.22%) Data Analysis
16 54 (4.15%) Migration
17 52 (3.99%) Investment Management
18 50 (3.84%) OOD
18 50 (3.84%) Low Latency
19 49 (3.76%) UML
Programming Languages
1 406 (31.18%) SQL
2 398 (30.57%) Java
3 243 (18.66%) C#
4 175 (13.44%) C++
5 117 (8.99%) Python
6 74 (5.68%) VBA
7 72 (5.53%) Perl
8 58 (4.45%) JavaScript
9 35 (2.69%) Scala
10 33 (2.53%) Shell Script
10 33 (2.53%) C
11 20 (1.54%) PL/SQL
11 20 (1.54%) T-SQL
12 14 (1.08%) Korn
13 13 (1.00%) VB
14 12 (0.92%) PHP
15 11 (0.84%) Bash Shell
16 10 (0.77%) Clojure
16 10 (0.77%) PowerShell
17 9 (0.69%) RPG IV
Qualifications
1 99 (7.60%) Degree
2 25 (1.92%) Security Cleared
3 24 (1.84%) SC Cleared
4 10 (0.77%) VCP4
4 10 (0.77%) ISEB
5 7 (0.54%) CFA
6 5 (0.38%) ISTQB
6 5 (0.38%) ISEB Practitioner
6 5 (0.38%) PMI Certification
7 4 (0.31%) PRINCE2 Certification
8 3 (0.23%) PMP
9 2 (0.15%) RHCE
9 2 (0.15%) PhD
9 2 (0.15%) ISTQB Foundation Certification
10 1 (0.077%) Postgraduate
10 1 (0.077%) CISSP
10 1 (0.077%) CISA
10 1 (0.077%) CISM
10 1 (0.077%) CRISC
Quality Assurance & Compliance
1 54 (4.15%) EMIR
2 51 (3.92%) QA
3 37 (2.84%) Dodd-Frank
4 9 (0.69%) MiFID
4 9 (0.69%) Basel III
5 8 (0.61%) ISO 9001
6 3 (0.23%) SLA
6 3 (0.23%) Basel II
6 3 (0.23%) Data Quality
6 3 (0.23%) CRD IV
7 2 (0.15%) UCITS
7 2 (0.15%) FATCA
7 2 (0.15%) Sarbanes-Oxley
8 1 (0.077%) ISO/IEC 27001
8 1 (0.077%) COBIT
8 1 (0.077%) Solvency II
8 1 (0.077%) COREP
System Software
1 2 (0.15%) Varnish
1 2 (0.15%) Apache Flume
1 2 (0.15%) Platform Symphony
2 1 (0.077%) Ceph
2 1 (0.077%) Active Directory
Systems Management
1 20 (1.54%) Control-M
2 19 (1.46%) HP Quality Center
3 16 (1.23%) ITRS Geneos
4 8 (0.61%) Vagrant
5 3 (0.23%) BMC PATROL
6 2 (0.15%) Ansible
6 2 (0.15%) Puppet
6 2 (0.15%) Nagios
7 1 (0.077%) Oozie
7 1 (0.077%) Opscode Chef
Vendors
1 157 (12.06%) Oracle
2 84 (6.45%) Sybase
3 58 (4.45%) Microsoft
4 56 (4.30%) Murex
5 37 (2.84%) Bloomberg
6 34 (2.61%) ION Trading
7 26 (2.00%) Red Hat
7 26 (2.00%) TIBCO
8 23 (1.77%) Calypso
9 20 (1.54%) Tradeweb
9 20 (1.54%) DevExpress
10 17 (1.31%) SunGard
10 17 (1.31%) IBM
11 13 (1.00%) Informatica
11 13 (1.00%) Business Objects
12 10 (0.77%) Fidessa
12 10 (0.77%) Infragistics
12 10 (0.77%) MarketAxess
13 8 (0.61%) Sophis
13 8 (0.61%) Charles River
City, London
Harrington Starr
Rate: £600 - £800 per day
Posted: 7 hours ago
City, London
TEKsystems
Rate: £550 - £650 per day
Posted: 9 hours ago
London
Aston Carter
Rate: £350 - £400 per day
Posted: 14 hours ago
City, London
TEKsystems
Rate: £500 - £600 per day
Posted: 15 hours ago
London
TEKsystems
Rate: £450 - £500 per day
Posted: 19 hours ago
City, London
TEKsystems
Rate: £500 - £600 per day
Posted: 20 hours ago
London
TEKsystems
Rate: £500 - £600 per day
Posted: Yesterday
City, London
TEKsystems
Rate: £590 - £640 per annum
Posted: Yesterday
City, London
TEKsystems
Rate: £580 - £620 per day
Posted: Yesterday
London
Oliver Bernard
Rate: From £550 to £600 per day
Posted: Yesterday
City, London
Twenty Recruitment Group
Rate: From £85,000 to £110,000 per annum
Posted: Yesterday
City, London
TEKsystems
Rate: £600 - £650 per day
Posted: 4 days ago
City, London
TEKsystems
Rate: £550 - £600 per day
Posted: 4 days ago
City, London
McGregor Boyall
Rate: £600 - £750 per day
Posted: 4 days ago
London
TEKsystems
Rate: £700 - £750 per annum
Posted: 4 days ago
London
ComputAppoint
Rate: £450 - £550 per day
Posted: 5 days ago
London
Venn Group
Rate: £500 - £550 Per Day
Posted: 5 days ago
City, London
McGregor Boyall
Rate: £500 - £750 per day
Posted: 6 days ago
City, London
McGregor Boyall
Rate: £500 - £550 per day
Posted: 6 days ago
London
Empiric Solutions
Posted: 6 days ago