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 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 246 182 146
Rank change year-on-year
-64 -36
Contract jobs citing Derivative 508 659 721
As % of all contract IT jobs located in the UK 0.99% 1.28% 1.48%
As % of the Miscellaneous category 3.06% 4.10% 4.61%
Number of daily rates quoted 375 527 567
Average daily rate £575 £550 £575
Average daily rate % change year-on-year
+4.54% -4.34%
90% offered a daily rate of more than £400 £425 £425
10% offered a daily rate of more than £700 £654 £700
UK excluding London average daily rate £325 £475 £425
% change year-on-year
-31.57% +11.76%
Number of hourly rates quoted 0 0 4
Average hourly rate - - £27.25
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
16608 16075 15635
As % of all contract IT jobs located in the UK 32.29% 31.16% 32.19%
Number of daily rates quoted 10701 10009 9460
Average daily rate £425 £420 £405
Average daily rate % change year-on-year
+1.19% +3.70%
90% offered a daily rate of more than £250 £250 £230
10% offered a daily rate of more than £625 £600 £600
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 676 683 650
Average hourly rate £22.00 £18.00 £19.00
Average hourly rate % change year-on-year
+22.22% -5.26%
90% offered a hourly rate of more than £12.50 £11.50 £11.51
10% offered a hourly rate of more than £52.55 £40.00 £42.50
UK excluding London average hourly rate £24.00 £17.50 £17.50
% change year-on-year
+37.14% -

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 8 February 2016.

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 28 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 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
England -54 503 £575 +4.54% 120
London -35 457 £588 +6.81% 119
City of London +1 134 £600 +11.11% 54
South East +22 35 £295 -6.30%
Hampshire +20 27 £275 -12.65%
Hook +23 13 £275 -13.08%
Birmingham - 6 £365 -
West Midlands - 6 £365 -
Scotland -16 5 £431 -9.21% 5
Berkshire - 4 - -
Bracknell - 4 - -
Glasgow +9 3 £338 -28.94% 4
South West +5 3 £400 -4.19%
Canary Wharf +1 3 £465 -22.50%
Docklands, London +7 2 £627 +20.57%
Surrey -1 2 £425 -
Edinburgh -17 2 £525 +5.00% 1
Gloucestershire - 2 £363 -
Manchester -19 1 £500 +56.86%
North West -22 1 £500 +56.86%
Buckinghamshire - 1 - -
Oxfordshire - 1 £725 -
Yorkshire - 1 £450 - 1
Bristol - 1 £438 -
Milton Keynes - 1 - -
Henley-on-Thames - 1 £725 -
Leeds - 1 £450 -
West Yorkshire - 1 £450 -

Derivative
Top 30 Related IT Skills

For the 6 months to 8 February 2016, 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.

1 616 (52.03%) Finance
2 534 (45.10%) Banking
3 470 (39.70%) Front Office
4 390 (32.94%) Investment Banking
5 310 (26.18%) SQL
6 296 (25.00%) Foreign Exchange (FX)
7 281 (23.73%) Fixed Income
8 273 (23.06%) Equities
9 262 (22.13%) C#
10 247 (20.86%) Equity Derivative
11 236 (19.93%) Agile Software Development
12 225 (19.00%) Java
13 182 (15.37%) C++
14 159 (13.43%) Risk Management
14 159 (13.43%) Business Analysis
15 144 (12.16%) Multithreading
16 138 (11.66%) .NET
17 130 (10.98%) Unix
18 125 (10.56%) Analytical Skills
19 123 (10.39%) SQL Server
19 123 (10.39%) Project Management
20 120 (10.14%) Degree
21 109 (9.21%) TDD
21 109 (9.21%) Python
22 103 (8.70%) OO
23 99 (8.36%) Market Risk
24 98 (8.28%) Linux
24 98 (8.28%) Oracle
25 97 (8.19%) Stakeholder Management
26 93 (7.85%) Analytics

Derivative
Top Related IT Skills by Category

For the 6 months to 8 February 2016, 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 38 (3.21%) Oracle Coherence
2 17 (1.44%) Confluence
3 13 (1.10%) Tomcat
4 9 (0.76%) Node.js
5 7 (0.59%) Apache
6 4 (0.34%) Apache Spark
6 4 (0.34%) GemFire
6 4 (0.34%) Jetty
6 4 (0.34%) MQSeries
6 4 (0.34%) NServiceBus
7 3 (0.25%) Mule
7 3 (0.25%) WebLogic
7 3 (0.25%) WebSphere
7 3 (0.25%) WebSphere Application Server
8 2 (0.17%) SAS
8 2 (0.17%) SharePoint
Applications
1 27 (2.28%) MS Excel
2 14 (1.18%) MS PowerPoint
3 13 (1.10%) Spreadsheet
4 8 (0.68%) MS Visio
5 5 (0.42%) HipChat
6 4 (0.34%) MS Office
7 3 (0.25%) Acrobat
8 2 (0.17%) MS Project
Business Applications
1 25 (2.11%) Markit EDM
2 18 (1.52%) Summit
3 14 (1.18%) Front Arena
4 11 (0.93%) Endur
5 8 (0.68%) SunGard GMI
6 7 (0.59%) LatentZero
6 7 (0.59%) SimCorp Dimension
6 7 (0.59%) thinkFolio
7 6 (0.51%) ION MarketView
8 5 (0.42%) Algo Collateral
8 5 (0.42%) Rolfe and Nolan
9 4 (0.34%) HFM
9 4 (0.34%) IntelliMatch
9 4 (0.34%) Kondor
10 3 (0.25%) RMDS
11 2 (0.17%) Remedy ITSM
11 2 (0.17%) SunGard Martini
11 2 (0.17%) SunGard Stream Clearvision
12 1 (0.084%) Adaptiv
12 1 (0.084%) Bankmaster
Cloud Services
1 7 (0.59%) Amazon AWS
2 2 (0.17%) Cloud Computing
2 2 (0.17%) Microsoft Azure
2 2 (0.17%) PaaS
2 2 (0.17%) SaaS
Communications & Networking
1 10 (0.84%) TCP/IP
2 8 (0.68%) Firewall
3 6 (0.51%) LAN
3 6 (0.51%) Multicast
4 5 (0.42%) HTTP
4 5 (0.42%) SSH
4 5 (0.42%) SSL
4 5 (0.42%) VPN
4 5 (0.42%) Wi-Fi
5 4 (0.34%) iSCSI
5 4 (0.34%) NAS
5 4 (0.34%) SAN
6 2 (0.17%) HTTPS
6 2 (0.17%) SDH
7 1 (0.084%) Intranet
7 1 (0.084%) PuTTY
7 1 (0.084%) Wireshark
Database & Business Intelligence
1 123 (10.39%) SQL Server
2 31 (2.62%) Relational Database
3 28 (2.36%) SQL Server Integration Services
4 27 (2.28%) NoSQL
5 25 (2.11%) SQL Server Reporting Services
6 21 (1.77%) Data Warehouse
6 21 (1.77%) MongoDB
7 17 (1.44%) SQL Server 2008
8 13 (1.10%) RDBMS
8 13 (1.10%) SQL Server 2012
9 10 (0.84%) DTS
10 8 (0.68%) DB2
11 6 (0.51%) Big Data
11 6 (0.51%) Microsoft Analysis Services
11 6 (0.51%) SQL Server Analysis Services
12 5 (0.42%) Data Mart
12 5 (0.42%) Data Mining
12 5 (0.42%) MySQL
12 5 (0.42%) Oracle Database
12 5 (0.42%) PostgreSQL
Development Applications
1 55 (4.65%) Subversion
2 44 (3.72%) ClearCase
3 43 (3.63%) JIRA
4 40 (3.38%) NUnit
5 38 (3.21%) GoogleTest
6 36 (3.04%) Ant
7 35 (2.96%) CppUnit
8 23 (1.94%) Maven
9 18 (1.52%) HP UFT
10 15 (1.27%) Team Foundation Server
11 14 (1.18%) Selenium
12 13 (1.10%) Jenkins
13 12 (1.01%) JUnit
13 12 (1.01%) TeamCity
14 10 (0.84%) Visual Studio
15 9 (0.76%) Cucumber
15 9 (0.76%) Git (software)
16 8 (0.68%) ClearQuest
17 7 (0.59%) InstallShield
17 7 (0.59%) MSI
General
1 616 (52.03%) Finance
2 534 (45.10%) Banking
3 470 (39.70%) Front Office
4 390 (32.94%) Investment Banking
5 68 (5.74%) Back Office
6 45 (3.80%) Financial Institution
7 21 (1.77%) Legal
8 12 (1.01%) Corporate Banking
9 8 (0.68%) Advertising
9 8 (0.68%) Wholesale Banking
10 7 (0.59%) General Ledger
11 5 (0.42%) Marketing
12 4 (0.34%) Electronics
12 4 (0.34%) Telecoms
13 3 (0.25%) French Language
13 3 (0.25%) Retail
14 2 (0.17%) German Language
14 2 (0.17%) International Banking
15 1 (0.084%) Private Banking
15 1 (0.084%) Retail Banking
Job Titles
1 450 (38.01%) Analyst
2 449 (37.92%) Developer
3 354 (29.90%) Business Analyst
4 142 (11.99%) C# Developer
5 120 (10.14%) Java Developer
6 109 (9.21%) Derivatives Business Analyst
7 107 (9.04%) Project Manager
8 81 (6.84%) Risk Analyst
9 70 (5.91%) Banking Analyst
10 65 (5.49%) Risk Business Analyst
11 64 (5.41%) Front Office Developer
12 61 (5.15%) Senior Analyst
13 60 (5.07%) Front Office Business Analyst
13 60 (5.07%) Quantitative Developer
14 57 (4.81%) Senior Business Analyst
15 56 (4.73%) Senior Developer
16 55 (4.65%) C++ Developer
17 51 (4.31%) Investment Banking Business Analyst
18 50 (4.22%) IT Analyst
18 50 (4.22%) IT Business Analyst
Libraries, Frameworks & Software Standards
1 138 (11.66%) .NET
2 90 (7.60%) XML
3 61 (5.15%) WPF
4 55 (4.65%) Spring
5 54 (4.56%) FIX Protocol
6 52 (4.39%) HTML
7 35 (2.96%) WCF
8 30 (2.53%) FpML
9 29 (2.45%) AngularJS
10 26 (2.20%) .NET Framework
10 26 (2.20%) HTML5
11 25 (2.11%) JMS
12 24 (2.03%) Boost C++ Libraries
12 24 (2.03%) WinForms
13 21 (1.77%) STL
14 17 (1.44%) ATL
14 17 (1.44%) J2EE
14 17 (1.44%) RabbitMQ
15 16 (1.35%) MFC
16 15 (1.27%) MSMQ
Miscellaneous
1 296 (25.00%) Foreign Exchange (FX)
2 281 (23.73%) Fixed Income
3 273 (23.06%) Equities
4 247 (20.86%) Equity Derivative
5 125 (10.56%) Analytical Skills
6 99 (8.36%) Market Risk
7 91 (7.69%) Credit Risk
8 76 (6.42%) Credit Derivative
9 57 (4.81%) Mathematics
10 54 (4.56%) Interest Rate Derivative
11 42 (3.55%) Grid Computing
12 38 (3.21%) Computer Science
13 30 (2.53%) Hedge funds
13 30 (2.53%) Reference Data
14 27 (2.28%) Management Information System
15 23 (1.94%) Physics
16 16 (1.35%) Data Structures
17 14 (1.18%) Equity Risk
17 14 (1.18%) Visualisation
18 13 (1.10%) Contract for Difference
Operating Systems
1 130 (10.98%) Unix
2 98 (8.28%) Linux
3 77 (6.50%) Windows
4 10 (0.84%) Windows Server
5 7 (0.59%) Solaris
6 5 (0.42%) CentOS
7 4 (0.34%) Windows Server 2012
8 3 (0.25%) AIX
8 3 (0.25%) Mac OS X Server
9 1 (0.084%) Windows Server 2003
9 1 (0.084%) Windows Server 2008
Processes & Methodologies
1 236 (19.93%) Agile Software Development
2 159 (13.43%) Business Analysis
2 159 (13.43%) Risk Management
3 144 (12.16%) Multithreading
4 123 (10.39%) Project Management
5 109 (9.21%) TDD
6 103 (8.70%) OO
7 97 (8.19%) Stakeholder Management
8 93 (7.85%) Analytics
9 91 (7.69%) User Acceptance Testing
10 85 (7.18%) Asset Management
11 73 (6.17%) Investment Management
12 70 (5.91%) Use Case
13 67 (5.66%) Software Engineering
14 60 (5.07%) Requirements Analysis
14 60 (5.07%) Unit Testing
15 56 (4.73%) Integration Testing
15 56 (4.73%) Migration
16 55 (4.65%) UML
17 53 (4.48%) OOD
Programming Languages
1 310 (26.18%) SQL
2 262 (22.13%) C#
3 225 (19.00%) Java
4 182 (15.37%) C++
5 109 (9.21%) Python
6 62 (5.24%) VBA
7 53 (4.48%) C
8 50 (4.22%) Perl
9 47 (3.97%) JavaScript
10 24 (2.03%) Shell Script
11 23 (1.94%) Scala
11 23 (1.94%) T-SQL
12 16 (1.35%) VC++
13 14 (1.18%) VB
14 12 (1.01%) MATLAB
15 10 (0.84%) Bash Shell
15 10 (0.84%) PL/SQL
16 9 (0.76%) PowerShell
17 8 (0.68%) VBScript
18 5 (0.42%) Clojure
Qualifications
1 120 (10.14%) Degree
2 25 (2.11%) Security Cleared
3 23 (1.94%) PhD
4 15 (1.27%) SC Cleared
5 13 (1.10%) ISEB
5 13 (1.10%) ISTQB
6 6 (0.51%) ITIL Certification
7 5 (0.42%) PMI Certification
8 3 (0.25%) PMP
9 2 (0.17%) ACCA
9 2 (0.17%) CFA
9 2 (0.17%) CGEIT
9 2 (0.17%) CIMA
9 2 (0.17%) CISA
9 2 (0.17%) CISM
9 2 (0.17%) CRISC
9 2 (0.17%) DV Cleared
9 2 (0.17%) MBA
9 2 (0.17%) PRINCE2 Certification
10 1 (0.084%) APMP
Quality Assurance & Compliance
1 83 (7.01%) MiFID
2 75 (6.33%) QA
3 62 (5.24%) EMIR
4 51 (4.31%) Dodd-Frank
5 19 (1.60%) Data Quality
6 11 (0.93%) FATCA
7 9 (0.76%) Basel III
8 7 (0.59%) AIFMD
9 6 (0.51%) UCITS
10 5 (0.42%) CRD IV
10 5 (0.42%) Sarbanes-Oxley
10 5 (0.42%) SLA
11 4 (0.34%) Solvency II
12 3 (0.25%) COREP
13 2 (0.17%) ISO/IEC 27001
14 1 (0.084%) Basel II
14 1 (0.084%) COBIT
14 1 (0.084%) GAAP
14 1 (0.084%) ISO20022
System Software
1 6 (0.51%) Active Directory
1 6 (0.51%) Platform Symphony
2 5 (0.42%) oVirt
2 5 (0.42%) VMware ESXi
2 5 (0.42%) VMware Infrastructure
3 1 (0.084%) Oracle RAC
Systems Management
1 14 (1.18%) HP Quality Center
2 9 (0.76%) Control-M
3 5 (0.42%) Opscode Chef
3 5 (0.42%) Puppet
3 5 (0.42%) Salt
3 5 (0.42%) ZABBIX
4 3 (0.25%) ITRS Geneos
5 2 (0.17%) BMC PATROL
5 2 (0.17%) Tivoli
6 1 (0.084%) Nagios
Vendors
1 98 (8.28%) Oracle
2 84 (7.09%) Murex
3 61 (5.15%) Sybase
4 43 (3.63%) Calypso
5 40 (3.38%) Microsoft
6 38 (3.21%) DataSynapse
7 27 (2.28%) Bloomberg
7 27 (2.28%) Charles River
8 24 (2.03%) SunGard
9 15 (1.27%) Reuters
9 15 (1.27%) TIBCO
10 14 (1.18%) Fidessa
11 13 (1.10%) ION Trading
12 12 (1.01%) HP
13 11 (0.93%) Algorithmics
14 10 (0.84%) DevExpress
14 10 (0.84%) OpenLink
15 7 (0.59%) SimCorp
16 6 (0.51%) IBM
17 5 (0.42%) Cisco
City, London
Lorien Resourcing
Rate: £400 - £500 per day
Posted: 1 hour ago
City, London
NDK Consulting.co.uk Ltd
Rate: Up to £550 per day
Posted: 1 hour ago
City, London
Deerfoot IT Resources Ltd
Rate: £600 - £650 per day
Posted: 1 hour ago
London
McGregor Boyall
Rate: £550 - £650 per day
Posted: 4 hours ago
London
McGregor Boyall
Rate: £600 - £700 per day
Posted: 2 days ago
London
McGregor Boyall
Rate: £550 - £700 per day
Posted: 2 days ago
London
Networking People
Posted: 2 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £400 - £500 per day + on call allowance
Posted: 3 days ago
City, London
Networking People
Rate: £650 - £700 per day + Neg +++
Posted: 4 days ago
London
TEKsystems
Rate: £650 - £850 per day
Posted: 4 days ago
London
TEKsystems
Rate: £700 - £800 per day
Posted: 4 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £400 - £500 per day
Posted: 5 days ago
London
TEKsystems
Rate: £600 - £650 per day
Posted: 5 days ago
City of London
Real Staffing
Rate: £300 - £350 per day
Posted: 6 days ago
London
Hays Finance Technology
Rate: £500.00 - £600.00 per day
Posted: 6 days ago
London
TEKsystems
Rate: £550 - £650 per day
Posted: 6 days ago
London
Hatstand Limited
Rate: £500 - £600 per day
Posted: 6 days ago
City of London
Huxley
Rate: £550 - £650 per day + competitive
Posted: 7 days ago
United Kingdom
Northern Trust Careers
Posted: 7 days ago
United Kingdom
Northern Trust Careers
Posted: 7 days ago
London
Hays London City Cheapside
Rate: £450.00 - £500.00 per annum
Posted: 10 days ago
London
Hays London City Cheapside
Rate: £550.00 - £650.00 per day
Posted: 10 days ago
Edinburgh
Cathcart Associates
Rate: £300 - £340 per day
Posted: 10 days ago
London
Hays London City Cheapside
Rate: £600.00 - £700.00 per day
Posted: 11 days ago
City of London
Hays London City Cheapside
Rate: £450.00 - £500.00 per day
Posted: 14 days ago
London
OCC Computer Personnel
Rate: £360 per day + Benefits
Posted: 14 days ago
London
Hays London City Cheapside
Rate: £600.00 - £700.00 per day
Posted: 17 days ago
City of London
Hays London City Cheapside
Rate: £450.00 - £520.00 per day
Posted: 20 days ago
London
Alexander Mann Solutions
Posted: 20 days ago
London
Hays London City Cheapside
Rate: £570.00 - £680.00 per day
Posted: 21 days ago