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 20 January 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
20 Jan 2017
Same period 2016 Same period 2015
Derivatives
UK
Rank 246 234 182
Rank change year-on-year
-12 -52
Contract jobs citing Derivative 431 508 647
As % of all contract IT jobs located in the UK 0.96% 1.00% 1.27%
As % of the Miscellaneous category 2.96% 3.04% 4.03%
Number of daily rates quoted 313 364 518
Median daily rate £600 £578 £550
Median daily rate % change year-on-year
+3.89% +5.00%
90% offered a daily rate of more than £450 £400 £425
10% offered a daily rate of more than £725 £700 £650
UK excluding London median daily rate £500 £313 £421
% change year-on-year
+60.00% -25.81%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £28.69
UK excluding London median hourly rate - - £28.69

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
14558 16732 16039
As % of all contract IT jobs located in the UK 32.52% 32.94% 31.52%
Number of daily rates quoted 9299 10629 10061
Median daily rate £440 £425 £420
Median daily rate % change year-on-year
+3.52% +1.19%
90% offered a daily rate of more than £250 £240 £240
10% offered a daily rate of more than £625 £620 £600
UK excluding London median daily rate £390 £375 £365
% change year-on-year
+4.00% +2.73%
Number of hourly rates quoted 539 694 649
Median hourly rate £21.00 £21.50 £17.55
Median hourly rate % change year-on-year
-2.32% +22.50%
90% offered a hourly rate of more than £11.33 £12.50 £11.50
10% offered a hourly rate of more than £48.50 £50.00 £40.00
UK excluding London median hourly rate £18.88 £21.50 £17.50
% change year-on-year
-12.20% +22.85%

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 20 January 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 29 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 20 January 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 -11 422 £600 +4.34% 76
London -10 409 £600 +2.12% 72
City of London -25 88 £600 - 33
Canary Wharf +13 14 £600 +30.43%
North West - 7 £500 -
Scotland +24 6 £500 -16.66%
Cheshire - 5 £500 -
Glasgow +4 4 - -
Docklands, London 0 4 £500 -9.09%
Chester - 4 £500 -
South West +12 3 £513 -14.58% 1
Hampshire -19 3 £324 +17.63%
South East -21 3 £324 +9.66% 2
Northern Ireland - 3 £420 -
County Antrim - 3 £420 -
Belfast - 3 £420 -
Edinburgh +16 2 £500 -16.66%
Leeds +14 2 - -
West Yorkshire +13 2 - -
Yorkshire +9 2 - -
Somerset +7 2 £513 -14.58%
Street +5 2 £513 -14.58%
Hook -6 2 £324 +17.63%
Merseyside - 2 £513 -
Liverpool - 2 £513 -
Swindon - 1 - -
Wiltshire - 1 - -
Knutsford - 1 £338 -
Basingstoke - 1 - -

Derivative
Top 30 Related IT Skills

For the 6 months to 20 January 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.

1 377 (50.47%) Finance
2 336 (44.98%) Front Office
3 295 (39.49%) Banking
4 208 (27.84%) Equities
5 206 (27.58%) Fixed Income
6 199 (26.64%) Foreign Exchange (FX)
7 184 (24.63%) Java
7 184 (24.63%) Agile Software Development
8 179 (23.96%) Investment Banking
9 170 (22.76%) SQL
10 140 (18.74%) C#
11 134 (17.94%) Equity Derivative
12 114 (15.26%) Unix
12 114 (15.26%) MiFID
13 108 (14.46%) Multithreading
14 105 (14.06%) Business Analysis
15 89 (11.91%) OO
16 88 (11.78%) OTC Derivatives
17 85 (11.38%) Back Office
18 84 (11.24%) C++
19 82 (10.98%) Risk Management
20 69 (9.24%) .NET
20 69 (9.24%) TDD
21 68 (9.10%) Linux
22 64 (8.57%) Oracle
23 62 (8.30%) Stakeholder Management
24 61 (8.17%) Python
24 61 (8.17%) Analytics
25 60 (8.03%) Analytical Skills
26 59 (7.90%) Project Management

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 19 (2.54%) Apache Spark
2 11 (1.47%) Oracle Coherence
3 8 (1.07%) Confluence
4 6 (0.80%) Apache
4 6 (0.80%) Apache Pig
4 6 (0.80%) IIS
5 5 (0.67%) Tomcat
5 5 (0.67%) WebSphere
5 5 (0.67%) WebSphere Application Server
6 4 (0.54%) IBM HTTP Server
6 4 (0.54%) Oracle SOA Suite
6 4 (0.54%) Oracle Workflow
7 2 (0.27%) CMS
7 2 (0.27%) GlassFish
7 2 (0.27%) JBoss
7 2 (0.27%) SAS
7 2 (0.27%) WebLogic
7 2 (0.27%) WebLogic Integration
7 2 (0.27%) WebLogic Portal
7 2 (0.27%) WebSphere Process Server
Applications
1 32 (4.28%) MS Excel
2 9 (1.20%) MS PowerPoint
3 6 (0.80%) MS Project
3 6 (0.80%) MS Visio
4 4 (0.54%) LaTeX
4 4 (0.54%) MS Office
5 3 (0.40%) Doxygen
6 2 (0.27%) Spreadsheet
7 1 (0.13%) AutoCAD
7 1 (0.13%) Mathematica
Business Applications
1 20 (2.68%) Summit
2 8 (1.07%) thinkFolio
3 7 (0.94%) RMDS
4 4 (0.54%) Markit EDM
4 4 (0.54%) SimCorp Dimension
5 3 (0.40%) Sophis RISQUE
6 2 (0.27%) Global One
6 2 (0.27%) Minerva
6 2 (0.27%) Oracle BPM
6 2 (0.27%) Orchestrade
6 2 (0.27%) Sentinel
6 2 (0.27%) SunGard APT
6 2 (0.27%) SunGard GMI
6 2 (0.27%) Tesseract
7 1 (0.13%) Bloomberg TOMS
7 1 (0.13%) ION MarketView
7 1 (0.13%) LatentZero
7 1 (0.13%) Oracle Subledger Accounting
7 1 (0.13%) SunGard Martini
Cloud Services
1 9 (1.20%) Amazon AWS
2 4 (0.54%) Cloud Computing
3 3 (0.40%) Microsoft Azure
4 2 (0.27%) SaaS
Communications & Networking
1 4 (0.54%) DNS
1 4 (0.54%) TCP/IP
2 3 (0.40%) LDAP
2 3 (0.40%) SAN
3 2 (0.27%) Ethernet
3 2 (0.27%) VPN
4 1 (0.13%) Cisco IOS
4 1 (0.13%) Cisco Nexus
4 1 (0.13%) DHCP
4 1 (0.13%) DSL
4 1 (0.13%) FTP
4 1 (0.13%) IGMP
4 1 (0.13%) InfiniBand
4 1 (0.13%) Intranet
4 1 (0.13%) LAN
4 1 (0.13%) SSH
4 1 (0.13%) Structured Cabling
4 1 (0.13%) WAN
Database & Business Intelligence
1 49 (6.56%) SQL Server
2 36 (4.82%) NoSQL
3 28 (3.75%) Relational Database
4 25 (3.35%) Hadoop
5 21 (2.81%) Big Data
5 21 (2.81%) DB2
6 19 (2.54%) KDB
7 15 (2.01%) Data Warehouse
7 15 (2.01%) RDBMS
8 13 (1.74%) Apache Cassandra
9 12 (1.61%) Data Mart
10 9 (1.20%) SQL Server 2008
11 8 (1.07%) SQL Server Integration Services
12 6 (0.80%) Redis
13 5 (0.67%) Data Lake
13 5 (0.67%) Kdb+
13 5 (0.67%) MS Access
13 5 (0.67%) Oracle Database
13 5 (0.67%) SQL Server 2012
14 4 (0.54%) Data Mining
Development Applications
1 29 (3.88%) Subversion
2 17 (2.28%) Git (software)
3 16 (2.14%) JIRA
4 13 (1.74%) Maven
5 12 (1.61%) Jenkins
5 12 (1.61%) JUnit
5 12 (1.61%) NUnit
6 10 (1.34%) Ant
7 9 (1.20%) GoogleTest
8 8 (1.07%) Hudson
8 8 (1.07%) Visual Studio
9 7 (0.94%) Team Foundation Server
10 6 (0.80%) ClearCase
10 6 (0.80%) CppUnit
10 6 (0.80%) Eclipse
11 5 (0.67%) TeamCity
12 4 (0.54%) Bitbucket
12 4 (0.54%) Build Forge
12 4 (0.54%) Gradle
12 4 (0.54%) Mockito
General
1 377 (50.47%) Finance
2 336 (44.98%) Front Office
3 295 (39.49%) Banking
4 179 (23.96%) Investment Banking
5 85 (11.38%) Back Office
6 20 (2.68%) Financial Institution
7 12 (1.61%) Legal
8 7 (0.94%) Retail
9 6 (0.80%) Marketing
9 6 (0.80%) Prime Brokerage
10 5 (0.67%) French Language
11 4 (0.54%) Aerospace
11 4 (0.54%) Automotive
11 4 (0.54%) General Ledger
11 4 (0.54%) German Language
12 3 (0.40%) Law
12 3 (0.40%) Wholesale Banking
13 2 (0.27%) Corporate Banking
13 2 (0.27%) Retail Banking
14 1 (0.13%) Private Banking
Job Titles
1 316 (42.30%) Developer
2 293 (39.22%) Analyst
3 212 (28.38%) Business Analyst
4 126 (16.87%) Java Developer
5 69 (9.24%) MiFID Business Analyst
6 63 (8.43%) C# Developer
7 60 (8.03%) Derivatives Business Analyst
8 57 (7.63%) Senior Developer
9 47 (6.29%) Front Office Developer
10 44 (5.89%) Project Manager
11 39 (5.22%) C++ Developer
12 38 (5.09%) Senior Java Developer
13 30 (4.02%) Senior Analyst
14 29 (3.88%) IT Business Analyst
14 29 (3.88%) Risk Analyst
15 27 (3.61%) Support Analyst
16 26 (3.48%) Front Office Business Analyst
16 26 (3.48%) IT Analyst
16 26 (3.48%) Senior Business Analyst
17 25 (3.35%) Business IT Analyst
Libraries, Frameworks & Software Standards
1 69 (9.24%) .NET
2 56 (7.50%) HTML
3 45 (6.02%) HTML5
4 42 (5.62%) FIX Protocol
5 40 (5.35%) Spring
5 40 (5.35%) XML
6 35 (4.69%) AngularJS
7 26 (3.48%) CSS
8 25 (3.35%) JMS
9 23 (3.08%) WPF
10 19 (2.54%) FpML
11 18 (2.41%) Web Services
12 17 (2.28%) Middleware
13 16 (2.14%) WCF
14 14 (1.87%) Murex MxML
15 12 (1.61%) JSON
15 12 (1.61%) RequireJS
16 11 (1.47%) RESTful
17 10 (1.34%) Hibernate
17 10 (1.34%) Rendezvous
Miscellaneous
1 208 (27.84%) Equities
2 206 (27.58%) Fixed Income
3 199 (26.64%) Foreign Exchange (FX)
4 134 (17.94%) Equity Derivative
5 88 (11.78%) OTC Derivatives
6 60 (8.03%) Analytical Skills
7 57 (7.63%) Market Risk
8 53 (7.10%) Credit Derivative
9 38 (5.09%) Mathematics
10 37 (4.95%) Computer Science
11 28 (3.75%) Algorithms
12 26 (3.48%) Interest Rate Derivative
13 22 (2.95%) Data Structures
14 20 (2.68%) Physics
15 19 (2.54%) Fintech
15 19 (2.54%) Grid Computing
16 16 (2.14%) Reference Data
17 14 (1.87%) Hedge funds
18 13 (1.74%) Economics
19 12 (1.61%) Virtual Team
Operating Systems
1 114 (15.26%) Unix
2 68 (9.10%) Linux
3 25 (3.35%) Windows
4 7 (0.94%) Solaris
4 7 (0.94%) Windows Server
5 4 (0.54%) Red Hat Enterprise Linux
6 1 (0.13%) Android
6 1 (0.13%) SUSE Linux Enterprise Server
Processes & Methodologies
1 184 (24.63%) Agile Software Development
2 108 (14.46%) Multithreading
3 105 (14.06%) Business Analysis
4 89 (11.91%) OO
5 82 (10.98%) Risk Management
6 69 (9.24%) TDD
7 62 (8.30%) Stakeholder Management
8 61 (8.17%) Analytics
9 59 (7.90%) Project Management
10 58 (7.76%) Asset Management
11 54 (7.23%) Scrum
12 53 (7.10%) Electronic Trading
13 52 (6.96%) Change Management
14 47 (6.29%) User Acceptance Testing
15 43 (5.76%) Continuous Integration
16 40 (5.35%) SDLC
17 39 (5.22%) Software Engineering
18 37 (4.95%) Investment Management
19 35 (4.69%) Low Latency
20 33 (4.42%) Data Management
Programming Languages
1 184 (24.63%) Java
2 170 (22.76%) SQL
3 140 (18.74%) C#
4 84 (11.24%) C++
5 61 (8.17%) Python
6 54 (7.23%) JavaScript
7 50 (6.69%) Scala
8 43 (5.76%) Perl
9 30 (4.02%) C
10 19 (2.54%) PowerShell
11 17 (2.28%) T-SQL
12 16 (2.14%) Shell Script
13 15 (2.01%) VBA
14 14 (1.87%) TypeScript
15 13 (1.74%) Haskell
16 11 (1.47%) PL/SQL
17 8 (1.07%) Bash Shell
18 7 (0.94%) R
19 5 (0.67%) Tcl
20 4 (0.54%) Ada
Qualifications
1 47 (6.29%) Degree
2 11 (1.47%) PhD
3 8 (1.07%) Security Cleared
4 6 (0.80%) SC Cleared
5 5 (0.67%) ISEB
6 3 (0.40%) ISTQB
7 2 (0.27%) CFA
7 2 (0.27%) ISTQB Foundation Certification
7 2 (0.27%) PRINCE2 Certification
8 1 (0.13%) CGEIT
8 1 (0.13%) CISA
8 1 (0.13%) CISM
8 1 (0.13%) CRISC
8 1 (0.13%) MBA
8 1 (0.13%) PMI Certification
Quality Assurance & Compliance
1 114 (15.26%) MiFID
2 41 (5.49%) EMIR
2 41 (5.49%) QA
3 33 (4.42%) Dodd-Frank
4 7 (0.94%) SLA
5 4 (0.54%) Basel III
5 4 (0.54%) FATCA
5 4 (0.54%) GAAP
6 2 (0.27%) Basel II
7 1 (0.13%) COBIT
7 1 (0.13%) CRD IV
7 1 (0.13%) Data Quality
7 1 (0.13%) ISO/IEC 27001
7 1 (0.13%) JSP 440
7 1 (0.13%) Sarbanes-Oxley
System Software
1 4 (0.54%) Docker
1 4 (0.54%) NFS
2 3 (0.40%) Samba
2 3 (0.40%) Virtual Machines
2 3 (0.40%) VMware Infrastructure
2 3 (0.40%) vSphere
3 1 (0.13%) Active Directory
3 1 (0.13%) Apache ZooKeeper
3 1 (0.13%) HDFS
3 1 (0.13%) Platform Symphony
3 1 (0.13%) Tivoli Workload Scheduler
Systems Management
1 10 (1.34%) Control-M
2 4 (0.54%) Puppet
3 3 (0.40%) HP Quality Center
3 3 (0.40%) Nagios
3 3 (0.40%) NetBackup
3 3 (0.40%) OpenView
3 3 (0.40%) Opscode Chef
3 3 (0.40%) Red Hat Satellite
3 3 (0.40%) TeamSite
4 1 (0.13%) ITRS Geneos
4 1 (0.13%) Thomson Reuters DACS
4 1 (0.13%) Tivoli
Vendors
1 64 (8.57%) Oracle
2 54 (7.23%) Murex
3 36 (4.82%) Sybase
4 32 (4.28%) Microsoft
5 27 (3.61%) TIBCO
6 19 (2.54%) Bloomberg
6 19 (2.54%) Fidessa
7 14 (1.87%) Reuters
8 13 (1.74%) ION Trading
9 12 (1.61%) Charles River
10 10 (1.34%) Calypso
11 7 (0.94%) SmartStream
12 6 (0.80%) Informatica
12 6 (0.80%) Sophis
13 5 (0.67%) HP
13 5 (0.67%) IBM
13 5 (0.67%) Perforce
13 5 (0.67%) Sun
14 4 (0.54%) BMC
14 4 (0.54%) SimCorp
London
McGregor Boyall
Rate: £600 - £750 per day
Posted: 22 hours ago
London
Robert Walters UK
Rate: £500 - £600 per day
Posted: 2 days ago
City, London
Pioneer Search
Rate: £600 - £900 per day
Posted: Yesterday
City, London
Reed Technology
Rate: £600 per day
Posted: 23 hours ago
London
Harvey Nash plc
Rate: £60000 - £70000 per annum + + Bonus and Benefits Package
Posted: 2 days ago
City, London
Oliver James Associates
Rate: £500 - £750 per day
Posted: 2 days ago
City, London
TEKsystems
Rate: £600 - £650 per day
Posted: 2 days ago
London
Spencer Rose
Rate: £550 per day
Posted: 4 days ago
City, London
Haysfm
Rate: £500.00 - £550.00 per day
Posted: 4 days ago
City of London
Orgtel
Rate: £450 - £550 per day + competitive
Posted: 7 days ago