The table below looks at the prevalence of the term Derivative in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Derivative over the 3 months to 24 February 2017 with a comparison to the same period over 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.

3 months to
24 Feb 2017
Same period 2016 Same period 2015
Derivatives
UK
Rank 265 254 185
Rank change year-on-year
-11 -69
Contract jobs citing Derivative 389 489 659
As % of all contract IT jobs located in the UK 0.86% 0.94% 1.26%
As % of the Miscellaneous category 2.75% 3.04% 4.18%
Number of daily rates quoted 274 367 511
Median daily rate £600 £550 £550
Median daily rate % change year-on-year
+9.09% -
90% offered a daily rate of more than £483 £375 £440
10% offered a daily rate of more than £725 £700 £675
UK excluding London median daily rate £500 £313 £475
% change year-on-year
+60.00% -34.21%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
14130 16091 15778
As % of all contract IT jobs located in the UK 31.12% 30.94% 30.05%
Number of daily rates quoted 9097 10427 9723
Median daily rate £450 £425 £425
Median daily rate % change year-on-year
+5.88% -
90% offered a daily rate of more than £265 £250 £250
10% offered a daily rate of more than £625 £610 £600
UK excluding London median daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 554 578 644
Median hourly rate £20.00 £22.00 £18.19
Median hourly rate % change year-on-year
-9.09% +20.96%
90% offered a hourly rate of more than £11.33 £12.50 £11.73
10% offered a hourly rate of more than £50.00 £53.80 £42.50
UK excluding London median hourly rate £17.50 £22.52 £18.00
% change year-on-year
-22.29% +25.11%

Derivative
Jobs Demand Trend

The demand trend of contract jobs citing Derivative as a proportion of all IT contracts with a match in 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 24 February 2017.

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 17 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Derivative within the UK over the 3 months to 24 February 2017. 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 Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England -19 382 £600 +6.19% 76
London -12 375 £600 +2.12% 75
City of London -45 77 £600 +0.84% 27
Canary Wharf +8 10 £600 +29.03%
North West +28 6 £500 -
Cheshire - 6 £500 -
Scotland +25 5 £550 +62.96%
Chester - 5 £500 -
Glasgow +2 4 - -
Northern Ireland -17 2 - -
Belfast -17 2 - -
County Antrim -18 2 - -
Edinburgh +22 1 £550 +4.76%
West Midlands +5 1 - -
Docklands, London -2 1 £550 -12.28%
Knutsford - 1 £338 -
Solihull - 1 - -

Derivative
Top 30 Related IT Skills

For the 6 months to 24 February 2017, IT contractor jobs citing Derivative also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Derivative.

1 407 (50.56%) Finance
2 360 (44.72%) Front Office
3 323 (40.12%) Banking
4 232 (28.82%) Foreign Exchange (FX)
5 231 (28.70%) Fixed Income
6 222 (27.58%) Java
7 212 (26.34%) Equities
8 204 (25.34%) Agile Software Development
9 189 (23.48%) Investment Banking
10 185 (22.98%) SQL
11 149 (18.51%) C#
12 140 (17.39%) MiFID
13 136 (16.89%) Equity Derivative
14 121 (15.03%) Unix
15 115 (14.29%) Multithreading
16 105 (13.04%) Business Analysis
17 94 (11.68%) C++
18 92 (11.43%) OTC Derivatives
19 89 (11.06%) Risk Management
20 88 (10.93%) OO
21 81 (10.06%) Back Office
22 80 (9.94%) TDD
23 76 (9.44%) Oracle
24 73 (9.07%) Analytical Skills
25 72 (8.94%) .NET
25 72 (8.94%) Linux
26 71 (8.82%) Degree
27 68 (8.45%) HTML
27 68 (8.45%) Scrum
28 67 (8.32%) Murex

Derivative
Top Related IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 22 (2.73%) Apache Spark
2 10 (1.24%) Confluence
3 8 (0.99%) IIS
4 7 (0.87%) Apache
4 7 (0.87%) Oracle Coherence
4 7 (0.87%) Tomcat
5 6 (0.75%) Apache Pig
5 6 (0.75%) Oracle Workflow
5 6 (0.75%) WebSphere
6 5 (0.62%) Elasticsearch
7 4 (0.50%) DataSynapse
7 4 (0.50%) IBM HTTP Server
7 4 (0.50%) Oracle SOA Suite
7 4 (0.50%) WebLogic
7 4 (0.50%) WebSphere Application Server
8 2 (0.25%) MQSeries
8 2 (0.25%) SAS
8 2 (0.25%) SharePoint
8 2 (0.25%) WebLogic Integration
8 2 (0.25%) WebLogic Portal
Applications
1 34 (4.22%) MS Excel
2 14 (1.74%) MS PowerPoint
3 7 (0.87%) MS Visio
4 6 (0.75%) MS Project
5 4 (0.50%) LaTeX
5 4 (0.50%) MS Office
6 3 (0.37%) AutoCAD
6 3 (0.37%) Doxygen
6 3 (0.37%) Spreadsheet
Business Applications
1 24 (2.98%) Summit
2 11 (1.37%) thinkFolio
3 7 (0.87%) RMDS
4 6 (0.75%) Orchestrade
5 4 (0.50%) Markit EDM
5 4 (0.50%) Sophis RISQUE
6 3 (0.37%) SimCorp Dimension
7 2 (0.25%) Global One
7 2 (0.25%) LatentZero
7 2 (0.25%) Minerva
7 2 (0.25%) Murex MxG2000
7 2 (0.25%) Oracle BPM
7 2 (0.25%) Sentinel
7 2 (0.25%) SunGard APT
7 2 (0.25%) Tesseract
8 1 (0.12%) Bloomberg TOMS
8 1 (0.12%) CA PPM
8 1 (0.12%) ION MarketView
8 1 (0.12%) SunGard GMI
8 1 (0.12%) SunGard Martini
Cloud Services
1 5 (0.62%) Amazon AWS
2 4 (0.50%) Microsoft Azure
3 3 (0.37%) Cloud Computing
4 2 (0.25%) SaaS
Communications & Networking
1 4 (0.50%) Ethernet
2 3 (0.37%) DNS
2 3 (0.37%) LAN
2 3 (0.37%) Structured Cabling
2 3 (0.37%) WAN
3 2 (0.25%) LDAP
3 2 (0.25%) SAN
3 2 (0.25%) TCP/IP
3 2 (0.25%) VPN
4 1 (0.12%) Cisco IOS
4 1 (0.12%) Cisco Nexus
4 1 (0.12%) DHCP
4 1 (0.12%) DSL
4 1 (0.12%) FTP
4 1 (0.12%) IGMP
4 1 (0.12%) InfiniBand
4 1 (0.12%) Intranet
4 1 (0.12%) SSH
Database & Business Intelligence
1 50 (6.21%) SQL Server
2 38 (4.72%) Relational Database
3 34 (4.22%) NoSQL
4 29 (3.60%) Hadoop
5 28 (3.48%) Big Data
6 25 (3.11%) DB2
7 21 (2.61%) KDB
8 16 (1.99%) Data Warehouse
8 16 (1.99%) RDBMS
9 14 (1.74%) Data Mart
10 12 (1.49%) Apache Cassandra
11 9 (1.12%) SQL Server 2008
12 7 (0.87%) Oracle Database
12 7 (0.87%) SQL Server Integration Services
13 6 (0.75%) Data Mining
13 6 (0.75%) MS Access
13 6 (0.75%) SQL Server 2012
14 5 (0.62%) Data Lake
14 5 (0.62%) Kdb+
15 4 (0.50%) SSDT
Development Applications
1 30 (3.73%) Subversion
2 24 (2.98%) JIRA
3 21 (2.61%) Jenkins
4 19 (2.36%) Git (software)
5 14 (1.74%) Maven
6 13 (1.61%) JUnit
7 12 (1.49%) Ant
7 12 (1.49%) NUnit
8 11 (1.37%) Hudson
9 10 (1.24%) Team Foundation Server
10 9 (1.12%) GoogleTest
11 8 (0.99%) TeamCity
11 8 (0.99%) Visual Studio
12 6 (0.75%) ClearCase
12 6 (0.75%) CppUnit
12 6 (0.75%) Eclipse
12 6 (0.75%) Gradle
12 6 (0.75%) webpack
13 5 (0.62%) CruiseControl
14 4 (0.50%) IntelliJ
General
1 407 (50.56%) Finance
2 360 (44.72%) Front Office
3 323 (40.12%) Banking
4 189 (23.48%) Investment Banking
5 81 (10.06%) Back Office
6 25 (3.11%) Financial Institution
7 14 (1.74%) Legal
8 8 (0.99%) Prime Brokerage
8 8 (0.99%) Retail
9 7 (0.87%) Marketing
10 6 (0.75%) French Language
11 5 (0.62%) General Ledger
12 4 (0.50%) Aerospace
12 4 (0.50%) Automotive
12 4 (0.50%) German Language
12 4 (0.50%) Wholesale Banking
13 3 (0.37%) Law
14 2 (0.25%) Advertising
14 2 (0.25%) Corporate Banking
14 2 (0.25%) Retail Banking
Job Titles
1 354 (43.98%) Developer
2 311 (38.63%) Analyst
3 226 (28.07%) Business Analyst
4 149 (18.51%) Java Developer
5 74 (9.19%) MiFID Business Analyst
6 64 (7.95%) Derivatives Business Analyst
6 64 (7.95%) Senior Developer
7 62 (7.70%) C# Developer
8 52 (6.46%) Front Office Developer
9 49 (6.09%) Project Manager
10 46 (5.71%) Senior Java Developer
11 42 (5.22%) C++ Developer
12 35 (4.35%) Front Office Business Analyst
13 33 (4.10%) Senior Analyst
14 29 (3.60%) Quantitative Developer
14 29 (3.60%) Risk Analyst
14 29 (3.60%) Senior Business Analyst
15 28 (3.48%) Support Analyst
16 27 (3.35%) IT Business Analyst
17 24 (2.98%) Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 72 (8.94%) .NET
2 68 (8.45%) HTML
3 56 (6.96%) HTML5
4 55 (6.83%) Spring
5 50 (6.21%) FIX Protocol
6 49 (6.09%) XML
7 42 (5.22%) AngularJS
8 32 (3.98%) JMS
9 30 (3.73%) WPF
10 29 (3.60%) Middleware
11 24 (2.98%) CSS
12 21 (2.61%) FpML
13 18 (2.24%) WCF
14 17 (2.11%) Web Services
15 16 (1.99%) JSON
15 16 (1.99%) Murex MxML
16 14 (1.74%) RequireJS
16 14 (1.74%) RESTful
17 12 (1.49%) Hibernate
17 12 (1.49%) Node.js
Miscellaneous
1 232 (28.82%) Foreign Exchange (FX)
2 231 (28.70%) Fixed Income
3 212 (26.34%) Equities
4 136 (16.89%) Equity Derivative
5 92 (11.43%) OTC Derivatives
6 73 (9.07%) Analytical Skills
7 56 (6.96%) Market Risk
8 53 (6.58%) Credit Derivative
9 52 (6.46%) Computer Science
10 28 (3.48%) Interest Rate Derivative
11 22 (2.73%) Algorithms
11 22 (2.73%) Fintech
12 20 (2.48%) Grid Computing
13 18 (2.24%) Reference Data
14 16 (1.99%) User Experience
15 15 (1.86%) Credit Risk
15 15 (1.86%) Data Structures
16 13 (1.61%) Hedge funds
17 12 (1.49%) Virtual Team
18 10 (1.24%) Management Information System
Operating Systems
1 121 (15.03%) Unix
2 72 (8.94%) Linux
3 28 (3.48%) Windows
4 10 (1.24%) Windows Server
5 5 (0.62%) Solaris
6 3 (0.37%) Red Hat Enterprise Linux
7 1 (0.12%) Android
7 1 (0.12%) SUSE Linux Enterprise Server
7 1 (0.12%) Windows Server 2012
Processes & Methodologies
1 204 (25.34%) Agile Software Development
2 115 (14.29%) Multithreading
3 105 (13.04%) Business Analysis
4 89 (11.06%) Risk Management
5 88 (10.93%) OO
6 80 (9.94%) TDD
7 68 (8.45%) Scrum
8 66 (8.20%) Project Management
9 65 (8.07%) Stakeholder Management
10 64 (7.95%) Electronic Trading
11 63 (7.83%) Analytics
12 62 (7.70%) Asset Management
12 62 (7.70%) Mathematics
13 56 (6.96%) Change Management
14 52 (6.46%) Continuous Integration
14 52 (6.46%) SDLC
15 46 (5.71%) User Acceptance Testing
16 41 (5.09%) Investment Management
16 41 (5.09%) Low Latency
17 39 (4.84%) Software Engineering
Programming Languages
1 222 (27.58%) Java
2 185 (22.98%) SQL
3 149 (18.51%) C#
4 94 (11.68%) C++
5 63 (7.83%) Python
6 61 (7.58%) JavaScript
7 50 (6.21%) Scala
8 49 (6.09%) Perl
9 32 (3.98%) C
10 27 (3.35%) Shell Script
11 22 (2.73%) VBA
12 18 (2.24%) T-SQL
13 17 (2.11%) PowerShell
14 14 (1.74%) TypeScript
15 12 (1.49%) Haskell
15 12 (1.49%) PL/SQL
16 6 (0.75%) ES6
16 6 (0.75%) R
17 5 (0.62%) Bash Shell
17 5 (0.62%) Tcl
Qualifications
1 71 (8.82%) Degree
2 11 (1.37%) PhD
3 10 (1.24%) Security Cleared
4 8 (0.99%) SC Cleared
5 7 (0.87%) ISEB
6 6 (0.75%) CFA
7 4 (0.50%) ISTQB
7 4 (0.50%) MBA
8 3 (0.37%) PMI Certification
8 3 (0.37%) PMP
9 2 (0.25%) ISTQB Foundation Certification
9 2 (0.25%) PRINCE2 Certification
10 1 (0.12%) Brainbench
10 1 (0.12%) CGEIT
10 1 (0.12%) CISA
10 1 (0.12%) CISM
10 1 (0.12%) CRISC
10 1 (0.12%) DV Cleared
10 1 (0.12%) IIBA
10 1 (0.12%) ITIL Certification
Quality Assurance & Compliance
1 140 (17.39%) MiFID
2 47 (5.84%) EMIR
3 38 (4.72%) QA
4 34 (4.22%) Dodd-Frank
5 7 (0.87%) SLA
6 5 (0.62%) IFRS
7 4 (0.50%) Basel III
7 4 (0.50%) FATCA
8 3 (0.37%) Data Quality
8 3 (0.37%) GAAP
8 3 (0.37%) JSP 440
9 2 (0.25%) Basel II
9 2 (0.25%) Solvency II
10 1 (0.12%) COBIT
10 1 (0.12%) CRD IV
10 1 (0.12%) IFRS 9
10 1 (0.12%) ISO/IEC 27001
10 1 (0.12%) ISO20022
10 1 (0.12%) Sarbanes-Oxley
System Software
1 9 (1.12%) HDFS
2 5 (0.62%) Docker
3 3 (0.37%) NFS
4 2 (0.25%) Platform Symphony
4 2 (0.25%) Samba
4 2 (0.25%) VMware Infrastructure
4 2 (0.25%) vSphere
5 1 (0.12%) Active Directory
5 1 (0.12%) Apache ZooKeeper
5 1 (0.12%) Tivoli Workload Scheduler
5 1 (0.12%) Virtual Machines
Systems Management
1 9 (1.12%) Control-M
2 6 (0.75%) TeamSite
3 4 (0.50%) Puppet
4 3 (0.37%) HP Quality Center
5 2 (0.25%) Nagios
5 2 (0.25%) NetBackup
5 2 (0.25%) OpenView
5 2 (0.25%) Opscode Chef
5 2 (0.25%) Red Hat Satellite
6 1 (0.12%) ITRS Geneos
6 1 (0.12%) Kubernetes
6 1 (0.12%) Thomson Reuters DACS
6 1 (0.12%) Tivoli
Vendors
1 76 (9.44%) Oracle
2 67 (8.32%) Murex
3 43 (5.34%) Sybase
4 36 (4.47%) Microsoft
5 26 (3.23%) TIBCO
6 24 (2.98%) Bloomberg
7 20 (2.48%) Fidessa
8 17 (2.11%) Charles River
8 17 (2.11%) Reuters
9 14 (1.74%) ION Trading
10 7 (0.87%) Calypso
10 7 (0.87%) Perforce
10 7 (0.87%) SmartStream
11 6 (0.75%) IBM
11 6 (0.75%) Informatica
11 6 (0.75%) Sophis
12 5 (0.62%) Atlassian
13 4 (0.50%) HP
14 3 (0.37%) Adobe
14 3 (0.37%) Sun
London
Orgtel
Rate: £550 - £700 per day
Posted: 14 hours ago
London
Hays Finance Technology
Rate: £550.00 - £620.00 per day
Posted: 3 hours ago
City, London
TEKsystems
Rate: £550 - £650 per day
Posted: 1 hour ago
City, London
Pioneer Search
Rate: £600 - £650 per day
Posted: Yesterday
London
Nicoll Curtin
Rate: £600 - £700 per day
Posted: Yesterday
Central London / West End
Quant Capital
Rate: Up to £1,500 per day Any rate considered. 6 months + 6 months
Posted: Yesterday
City, London
McGregor Boyall
Posted: Yesterday
City, London
TEKsystems
Rate: £550 - £600 per day
Posted: Yesterday
London
TEKsystems
Rate: £600.00 - £650.00 per day
Posted: 2 days ago
City, London
Reed Technology
Rate: £600 - £750 per day
Posted: 3 days ago
London
Cloudstream
Posted: 7 days ago
City, London
Hatstand Limited
Rate: £200 - £650 per day
Posted: 6 days ago