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 23 January 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
23 Jan 2015
Same period 2014 Same period 2013
Derivatives
Rank 169 137 103
Rank change year-on-year
-32 -34
Contract jobs citing Derivative 655 750 872
As % of all contract IT jobs located in the UK 1.29% 1.54% 1.95%
As % of the Miscellaneous category 4.32% 5.01% 6.52%
Number of daily rates quoted 528 590 695
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£550 £575 £558
Average daily rate % change year-on-year
-4.34% +3.04%
90% offered a daily rate of more than £425 £443 £400
10% offered a daily rate of more than £650 £700 £650
UK excluding London average daily rate £501 £425 £375
% change year-on-year
+17.88% +13.33%
Number of hourly rates quoted 0 2 2
Average hourly rate - £37.25 £43.75
Average hourly rate % change year-on-year
- -14.85%
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
15163 14956 13365
As % of all contract IT jobs located in the UK 29.90% 30.70% 29.94%
Number of daily rates quoted 9582 9248 8000
Average daily rate £418 £404 £400
Average daily rate % change year-on-year
+3.40% +0.93%
90% offered a daily rate of more than £245 £226 £238
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £366 £350 £338
% change year-on-year
+4.57% +3.70%
Number of hourly rates quoted 599 618 798
Average hourly rate £18.50 £20.00 £20.00
Average hourly rate % change year-on-year
-7.50% -
90% offered a hourly rate of more than £11.50 £11.90 £11.83
10% offered a hourly rate of more than £42.50 £42.50 £40.00
UK excluding London average hourly rate £18.50 £18.50 £20.00
% change year-on-year
- -7.50%

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 23 January 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 23 January 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 -33 637 £550 -4.34% 135
London -13 621 £550 -4.34% 127
City of London -8 211 £550 -4.34% 59
South East -18 13 £305 -0.75% 5
Hampshire -16 12 £305 -0.75%
Scotland -7 11 £425 -10.52% 3
Edinburgh -7 9 £475 -9.52% 2
Docklands, London +5 3 £520 -0.95% 1
Stirling - 2 £390 -
Canary Wharf -1 1 £600 +14.28%
North West -8 1 £313 -26.47% 2
South West -18 1 £418 - 1
Surrey - 1 - - 2
Merseyside - - - -
East of England - - - -
Mayfair - - - -
West Midlands - - - -
Uxbridge - - - -
Woking - - - - 2
Berkshire - - - - 1
Cambridgeshire - - - -
Dorset - - - -
Glasgow - - - - 1
Liverpool - - - -
Lancashire - - - -
Oxfordshire - - - - 2
Portsmouth - - - -
Preston - - - -
Reading - - - - 1
Basingstoke - - - -

Derivative
Top 30 Related IT Skills

For the 6 months to 23 January 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.

1 528 (42.62%) Banking
2 519 (41.89%) Front Office
3 474 (38.26%) Finance
4 388 (31.32%) Java
5 385 (31.07%) SQL
6 351 (28.33%) Investment Banking
7 300 (24.21%) Fixed Income
8 274 (22.11%) Agile Software Development
9 273 (22.03%) Foreign Exchange (FX)
10 252 (20.34%) Equities
11 228 (18.40%) C#
12 220 (17.76%) Equity Derivative
13 211 (17.03%) UNIX
14 180 (14.53%) Analytical Skills
15 179 (14.45%) Oracle
16 177 (14.29%) OO
17 173 (13.96%) Credit Derivative
18 172 (13.88%) C++
19 156 (12.59%) XML
20 142 (11.46%) Linux
21 128 (10.33%) .NET
22 123 (9.93%) Business Analysis
23 122 (9.85%) Python
24 119 (9.60%) Multithreading
25 111 (8.96%) TDD
26 109 (8.80%) Risk Management
27 105 (8.47%) SQL Server
28 102 (8.23%) Back Office
28 102 (8.23%) Project Management
29 100 (8.07%) Windows

Derivative
Top Related IT Skills by Category

For the 6 months to 23 January 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 32 (2.58%) WebSphere
2 26 (2.10%) WebLogic
3 14 (1.13%) Tomcat
4 11 (0.89%) Oracle Coherence
4 11 (0.89%) Node.js
5 7 (0.56%) Confluence
6 6 (0.48%) Apache
7 5 (0.40%) SharePoint
8 2 (0.16%) SharePoint 2010
8 2 (0.16%) Oracle Workflow
8 2 (0.16%) MQSeries
9 1 (0.081%) SharePoint Server
9 1 (0.081%) Documentum
9 1 (0.081%) BizTalk Server
9 1 (0.081%) FileNet
9 1 (0.081%) Jetty
9 1 (0.081%) SharePoint 2013
9 1 (0.081%) AquaLogic Service Bus
9 1 (0.081%) Apache Spark
Applications
1 56 (4.52%) MS Excel
2 22 (1.78%) MS Office
3 21 (1.69%) MS Project
4 18 (1.45%) MS PowerPoint
5 16 (1.29%) Spreadsheet
6 10 (0.81%) MS Visio
7 1 (0.081%) PowerPivot
Business Applications
1 22 (1.78%) ION MarketView
1 22 (1.78%) Markit EDM
2 17 (1.37%) Summit
3 15 (1.21%) SunGard GMI
4 9 (0.73%) IntelliMatch
5 8 (0.65%) LatentZero
6 7 (0.56%) Sentinel
7 4 (0.32%) Remedy ITSM
7 4 (0.32%) Oracle Applications
7 4 (0.32%) Endur
7 4 (0.32%) FLEXCUBE
8 3 (0.24%) RMDS
8 3 (0.24%) Global One
8 3 (0.24%) Temenos T24
8 3 (0.24%) SunGard Stream Clearvision
8 3 (0.24%) Rolfe and Nolan
9 2 (0.16%) Oracle Assets
10 1 (0.081%) Tesseract
10 1 (0.081%) Minerva
10 1 (0.081%) Adaptiv
Cloud Services
1 4 (0.32%) Microsoft Azure
2 3 (0.24%) Amazon AWS
3 2 (0.16%) PaaS
3 2 (0.16%) IaaS
Communications & Networking
1 9 (0.73%) HTTP
2 5 (0.40%) TCP/IP
3 3 (0.24%) DNS
3 3 (0.24%) SNMP
4 2 (0.16%) NFC
4 2 (0.16%) Firewall
5 1 (0.081%) Wireshark
5 1 (0.081%) Intranet
5 1 (0.081%) SAN
5 1 (0.081%) NAS
5 1 (0.081%) AMQP
5 1 (0.081%) tcpdump
5 1 (0.081%) Multicast
Database & Business Intelligence
1 105 (8.47%) SQL Server
2 95 (7.67%) Relational Database
3 49 (3.95%) Oracle Database
4 41 (3.31%) RDBMS
5 24 (1.94%) DB2
6 23 (1.86%) Hadoop
7 16 (1.29%) Data Warehouse
8 15 (1.21%) SQL Server Reporting Services
9 14 (1.13%) HBase
10 13 (1.05%) SQL Server 2008
10 13 (1.05%) Big Data
11 12 (0.97%) MS Access
12 11 (0.89%) PostgreSQL
12 11 (0.89%) Data Mining
13 10 (0.81%) SQL Server Integration Services
14 9 (0.73%) KDB
15 8 (0.65%) Ingres
16 7 (0.56%) NoSQL
17 6 (0.48%) MongoDB
17 6 (0.48%) BusinessObjects XI
Development Applications
1 54 (4.36%) Subversion
2 50 (4.04%) Ant
3 43 (3.47%) JUnit
4 41 (3.31%) Maven
5 37 (2.99%) JIRA
6 36 (2.91%) TeamCity
7 35 (2.82%) CruiseControl
8 23 (1.86%) NUnit
9 20 (1.61%) Git (software)
9 20 (1.61%) ClearCase
10 18 (1.45%) GoogleTest
10 18 (1.45%) CppUnit
11 14 (1.13%) Visual Studio
11 14 (1.13%) Rational Rose
12 10 (0.81%) Eclipse
13 9 (0.73%) ProC
14 8 (0.65%) Cucumber
15 7 (0.56%) ClearQuest
16 6 (0.48%) Mockito
16 6 (0.48%) jMock
General
1 528 (42.62%) Banking
2 519 (41.89%) Front Office
3 474 (38.26%) Finance
4 351 (28.33%) Investment Banking
5 102 (8.23%) Back Office
6 33 (2.66%) Financial Institution
7 31 (2.50%) Legal
8 13 (1.05%) Retail
9 10 (0.81%) Telecoms
10 7 (0.56%) Advertising
11 6 (0.48%) French Language
12 3 (0.24%) Private Banking
12 3 (0.24%) Marketing
12 3 (0.24%) General Ledger
13 2 (0.16%) Games
13 2 (0.16%) Retail Banking
13 2 (0.16%) Billing
14 1 (0.081%) German Language
14 1 (0.081%) Corporate Banking
14 1 (0.081%) International Banking
Job Titles
1 546 (44.07%) Developer
2 403 (32.53%) Analyst
3 248 (20.02%) Business Analyst
4 214 (17.27%) Java Developer
5 100 (8.07%) C# Developer
6 82 (6.62%) Project Manager
7 61 (4.92%) Support Analyst
8 59 (4.76%) C++ Developer
9 58 (4.68%) Senior Developer
9 58 (4.68%) Applications Support
10 34 (2.74%) Banking Business Analyst
11 31 (2.50%) Python Developer
12 30 (2.42%) Excel Developer
13 29 (2.34%) Test Analyst
14 28 (2.26%) Senior Java Developer
15 27 (2.18%) Investment Banking Business Analyst
16 25 (2.02%) VBA Developer
16 25 (2.02%) RAD Developer
17 24 (1.94%) Applications Support Analyst
17 24 (1.94%) IT Project Manager
Libraries, Frameworks & Software Standards
1 156 (12.59%) XML
2 128 (10.33%) .NET
3 77 (6.21%) WPF
4 63 (5.08%) Spring
4 63 (5.08%) FIX Protocol
5 45 (3.63%) Web Services
6 43 (3.47%) FpML
7 42 (3.39%) HTML
8 41 (3.31%) WCF
9 40 (3.23%) XSLT
9 40 (3.23%) Hibernate
10 35 (2.82%) JMS
11 33 (2.66%) Boost C++ Libraries
11 33 (2.66%) REST
12 31 (2.50%) STL
13 30 (2.42%) Swing
13 30 (2.42%) HTML5
14 28 (2.26%) JDBC
15 27 (2.18%) RESTful
16 24 (1.94%) Middleware
Miscellaneous
1 300 (24.21%) Fixed Income
2 273 (22.03%) Foreign Exchange (FX)
3 252 (20.34%) Equities
4 220 (17.76%) Equity Derivative
5 180 (14.53%) Analytical Skills
6 173 (13.96%) Credit Derivative
7 71 (5.73%) Interest Rate Derivative
8 57 (4.60%) Credit Risk
9 48 (3.87%) Computer Science
10 37 (2.99%) Mathematics
10 37 (2.99%) Market Risk
11 29 (2.34%) Data Structures
12 27 (2.18%) Grid Computing
13 21 (1.69%) Management Information System
14 19 (1.53%) Reference Data
15 17 (1.37%) Open Source
15 17 (1.37%) Inversion of Control
16 13 (1.05%) Algorithms
17 12 (0.97%) SWIFT
18 11 (0.89%) Economics
Operating Systems
1 211 (17.03%) UNIX
2 142 (11.46%) Linux
3 100 (8.07%) Windows
4 13 (1.05%) Red Hat Enterprise Linux
4 13 (1.05%) Windows 7
5 9 (0.73%) Oracle Linux
6 5 (0.40%) Solaris
7 3 (0.24%) Windows Server 2008
8 2 (0.16%) CentOS
8 2 (0.16%) Windows Server 2003
9 1 (0.081%) Windows NT
9 1 (0.081%) Windows 2000
9 1 (0.081%) Windows XP
Processes & Methodologies
1 274 (22.11%) Agile Software Development
2 177 (14.29%) OO
3 123 (9.93%) Business Analysis
4 119 (9.60%) Multithreading
5 111 (8.96%) TDD
6 109 (8.80%) Risk Management
7 102 (8.23%) Project Management
8 98 (7.91%) Analytics
9 78 (6.30%) Data Modelling
10 71 (5.73%) User Acceptance Testing
11 69 (5.57%) Asset Management
12 64 (5.17%) Data Analysis
13 58 (4.68%) Electronic Trading
14 54 (4.36%) Workflow
15 50 (4.04%) Migration
16 49 (3.95%) Stakeholder Management
16 49 (3.95%) Low Latency
17 44 (3.55%) SOA
18 42 (3.39%) UML
18 42 (3.39%) Investment Management
Programming Languages
1 388 (31.32%) Java
2 385 (31.07%) SQL
3 228 (18.40%) C#
4 172 (13.88%) C++
5 122 (9.85%) Python
6 72 (5.81%) Perl
7 68 (5.49%) VBA
8 56 (4.52%) JavaScript
9 37 (2.99%) Scala
10 28 (2.26%) Shell Script
11 26 (2.10%) C
12 18 (1.45%) PL/SQL
13 17 (1.37%) PHP
14 15 (1.21%) Clojure
15 14 (1.13%) T-SQL
16 13 (1.05%) Korn
16 13 (1.05%) VB
16 13 (1.05%) PowerShell
17 11 (0.89%) Bash Shell
18 9 (0.73%) RPG
Qualifications
1 87 (7.02%) Degree
2 18 (1.45%) Security Cleared
3 16 (1.29%) SC Cleared
4 9 (0.73%) ISEB
5 7 (0.56%) CFA
6 5 (0.40%) ISEB Practitioner
7 4 (0.32%) PhD
7 4 (0.32%) ISTQB
8 3 (0.24%) PMP
8 3 (0.24%) PMI Certification
8 3 (0.24%) PRINCE2 Certification
9 2 (0.16%) RHCE
10 1 (0.081%) Postgraduate
10 1 (0.081%) CISSP
10 1 (0.081%) CIMA
10 1 (0.081%) CISA
10 1 (0.081%) CISM
10 1 (0.081%) CRISC
10 1 (0.081%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 55 (4.44%) EMIR
2 52 (4.20%) QA
3 40 (3.23%) Dodd-Frank
4 16 (1.29%) Basel III
5 11 (0.89%) MiFID
6 8 (0.65%) ISO 9001
7 3 (0.24%) Basel II
7 3 (0.24%) Data Quality
7 3 (0.24%) CRD IV
8 2 (0.16%) UCITS
8 2 (0.16%) SLA
9 1 (0.081%) ISO/IEC 27001
9 1 (0.081%) COBIT
9 1 (0.081%) Sarbanes-Oxley
9 1 (0.081%) FATCA
9 1 (0.081%) Solvency II
9 1 (0.081%) COREP
System Software
1 2 (0.16%) Platform Symphony
2 1 (0.081%) Active Directory
2 1 (0.081%) Apache Flume
Systems Management
1 19 (1.53%) HP Quality Center
2 17 (1.37%) Control-M
3 15 (1.21%) ITRS Geneos
4 7 (0.56%) Vagrant
5 4 (0.32%) BMC PATROL
6 2 (0.16%) Nagios
7 1 (0.081%) SCCM
7 1 (0.081%) Opscode Chef
Vendors
1 179 (14.45%) Oracle
2 71 (5.73%) Sybase
3 60 (4.84%) Microsoft
4 52 (4.20%) Murex
5 38 (3.07%) Bloomberg
6 32 (2.58%) ION Trading
7 31 (2.50%) TIBCO
8 29 (2.34%) thinkFolio
8 29 (2.34%) Red Hat
9 26 (2.10%) Calypso
10 19 (1.53%) SunGard
10 19 (1.53%) Tradeweb
11 16 (1.29%) IBM
12 12 (0.97%) Business Objects
12 12 (0.97%) Informatica
13 11 (0.89%) DataSynapse
13 11 (0.89%) Fidessa
13 11 (0.89%) DevExpress
14 10 (0.81%) HP
14 10 (0.81%) Infragistics
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Harrington Starr
Rate: £500 - £700 per day
Posted: Yesterday
City, London
Pioneer Search
Rate: £650 - £720 per day
Posted: 2 days ago
London
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Rate: £500 - £700 per day
Posted: 2 days ago
London
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Rate: £650 - £750 per day + competitive
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Rate: From £300 to £350 per day
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Rate: Up to £400 per day £400 per day
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Rate: £450.00 - £550.00 per day
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Rate: From £500 to £550 per annum
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Rate: £450 - £700 per day
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Rate: £500 - £600 per day
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Rate: competitive
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