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 28 August 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
28 Aug 2015
Same period 2014 Same period 2013
Derivatives
Rank 210 235 102
Rank change year-on-year
+25 -133
Contract jobs citing Derivative 633 513 1050
As % of all contract IT jobs located in the UK 1.08% 0.92% 1.99%
As % of the Miscellaneous category 3.38% 2.85% 6.07%
Number of daily rates quoted 475 378 838
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£575 £550 £550
Average daily rate % change year-on-year
+4.54% -
90% offered a daily rate of more than £420 £378 £425
10% offered a daily rate of more than £675 £650 £700
UK excluding London average daily rate £500 £365 £450
% change year-on-year
+36.98% -18.88%
Number of hourly rates quoted 1 1 3
Average hourly rate £17.00 £22.50 £90.00
Average hourly rate % change year-on-year
-24.44% -75.00%
UK excluding London average hourly rate - - £90.00

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
18706 18006 17289
As % of all contract IT jobs located in the UK 31.94% 32.38% 32.83%
Number of daily rates quoted 11756 10796 10446
Average daily rate £425 £400 £420
Average daily rate % change year-on-year
+6.25% -4.76%
90% offered a daily rate of more than £250 £240 £250
10% offered a daily rate of more than £613 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 717 740 714
Average hourly rate £21.50 £19.70 £18.65
Average hourly rate % change year-on-year
+9.13% +5.63%
90% offered a hourly rate of more than £12.00 £12.42 £12.00
10% offered a hourly rate of more than £47.00 £45.00 £42.85
UK excluding London average hourly rate £21.53 £20.00 £17.50
% change year-on-year
+7.62% +14.28%

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 28 August 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 27 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 28 August 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 +12 564 £575 +2.44% 132
London +22 549 £575 - 126
City of London +1 135 £590 +2.60% 49
Scotland +11 54 £463 +8.82% 10
Glasgow +24 27 £335 -21.17% 3
Edinburgh -12 24 £513 +13.88% 7
Docklands, London +5 16 £650 +52.94% 1
South East -15 7 £525 +162.50% 3
Canary Wharf - 6 £525 -
Northern Ireland - 6 £175 -
County Antrim - 5 £175 -
Belfast - 5 £175 -
West Midlands - 3 £500 - 1
Berkshire -3 2 £800 +300.00%
South West -9 2 £350 -1.40%
Surrey - 2 £600 -
Wiltshire - 2 £350 -
Birmingham - 2 £475 - 1
Hook +4 1 £310 +55.00%
Stirling +2 1 - -
Hampshire -10 1 £310 +55.00% 2
Manchester -25 1 - - 2
North West -37 1 - - 2
Buckinghamshire - 1 £500 -
Oxfordshire - 1 - -
Henley-on-Thames - 1 - -
County Londonderry - 1 £625 -

Derivative
Top 30 Related IT Skills

For the 6 months to 28 August 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.

1 590 (50.38%) Banking
2 556 (47.48%) Finance
3 443 (37.83%) Front Office
4 431 (36.81%) Investment Banking
5 360 (30.74%) SQL
6 300 (25.62%) C#
7 296 (25.28%) Fixed Income
8 295 (25.19%) Java
9 277 (23.65%) Equities
10 275 (23.48%) Equity Derivative
11 255 (21.78%) Agile Software Development
12 243 (20.75%) Foreign Exchange (FX)
13 195 (16.65%) .NET
14 186 (15.88%) UNIX
15 177 (15.12%) C++
16 150 (12.81%) Analytical Skills
17 147 (12.55%) Business Analysis
18 143 (12.21%) Multithreading
19 135 (11.53%) SQL Server
20 131 (11.19%) Linux
21 125 (10.67%) OO
22 124 (10.59%) Risk Management
23 120 (10.25%) Oracle
24 118 (10.08%) TDD
25 116 (9.91%) Python
26 110 (9.39%) Degree
27 98 (8.37%) SDLC
28 88 (7.51%) Credit Derivative
29 87 (7.43%) Stakeholder Management
29 87 (7.43%) Windows

Derivative
Top Related IT Skills by Category

For the 6 months to 28 August 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 22 (1.88%) Oracle Coherence
2 19 (1.62%) MQSeries
3 9 (0.77%) Oracle Workflow
3 9 (0.77%) Tomcat
4 7 (0.60%) SharePoint
4 7 (0.60%) Node.js
5 6 (0.51%) WebSphere
5 6 (0.51%) IIS
6 5 (0.43%) Apache
6 5 (0.43%) WebLogic
7 4 (0.34%) Confluence
8 3 (0.26%) SharePoint 2013
8 3 (0.26%) Apache Spark
8 3 (0.26%) Jetty
9 2 (0.17%) NServiceBus
9 2 (0.17%) GemFire
10 1 (0.085%) MTS
Applications
1 53 (4.53%) MS Excel
2 15 (1.28%) MS PowerPoint
3 14 (1.20%) Spreadsheet
4 10 (0.85%) MS Project
4 10 (0.85%) MS Office
5 6 (0.51%) MS Visio
5 6 (0.51%) Acrobat
Business Applications
1 30 (2.56%) Markit EDM
2 24 (2.05%) thinkFolio
3 18 (1.54%) LatentZero
4 10 (0.85%) Summit
5 6 (0.51%) SunGard GMI
6 5 (0.43%) Eagle PACE
6 5 (0.43%) SimCorp Dimension
6 5 (0.43%) Sentinel
7 4 (0.34%) Tesseract
7 4 (0.34%) Minerva
7 4 (0.34%) ION MarketView
8 3 (0.26%) SAP FI
8 3 (0.26%) Global One
8 3 (0.26%) Front Arena
9 2 (0.17%) RMDS
9 2 (0.17%) Oracle General Ledger
9 2 (0.17%) SAP FI/CO
9 2 (0.17%) SAP CO
10 1 (0.085%) PolarLake
10 1 (0.085%) Visualfiles
Cloud Services
1 3 (0.26%) Amazon AWS
2 1 (0.085%) SaaS
2 1 (0.085%) PaaS
2 1 (0.085%) Cloud Computing
2 1 (0.085%) Microsoft Azure
Communications & Networking
1 8 (0.68%) Firewall
2 6 (0.51%) Multicast
2 6 (0.51%) TCP/IP
3 3 (0.26%) HTTP
4 2 (0.17%) DNS
4 2 (0.17%) HTTPS
4 2 (0.17%) SSL
4 2 (0.17%) DSL
5 1 (0.085%) Intranet
5 1 (0.085%) Internet
5 1 (0.085%) Kerberos
Database & Business Intelligence
1 135 (11.53%) SQL Server
2 51 (4.36%) Relational Database
3 30 (2.56%) NoSQL
4 28 (2.39%) SQL Server 2008
4 28 (2.39%) Data Warehouse
5 27 (2.31%) RDBMS
6 23 (1.96%) SQL Server Reporting Services
7 19 (1.62%) SQL Server Integration Services
7 19 (1.62%) Oracle Database
8 17 (1.45%) DTS
9 16 (1.37%) Sybase ASE
10 15 (1.28%) BusinessObjects
11 13 (1.11%) DB2
12 12 (1.02%) Sybase IQ
12 12 (1.02%) Big Data
13 11 (0.94%) SQL Server 2012
13 11 (0.94%) Hadoop
13 11 (0.94%) Data Mining
14 10 (0.85%) MS Access
15 8 (0.68%) SQL Server Analysis Services
Development Applications
1 32 (2.73%) JIRA
2 21 (1.79%) NUnit
3 19 (1.62%) Subversion
3 19 (1.62%) Visual Studio
4 17 (1.45%) Ant
4 17 (1.45%) JUnit
5 14 (1.20%) Maven
6 13 (1.11%) TeamCity
6 13 (1.11%) Team Foundation Server
6 13 (1.11%) GoogleTest
7 12 (1.02%) ClearCase
8 11 (0.94%) CppUnit
9 9 (0.77%) Git (software)
10 7 (0.60%) Rational Rose
11 6 (0.51%) Cucumber
11 6 (0.51%) Gradle
11 6 (0.51%) Jenkins
12 5 (0.43%) SpecFlow
12 5 (0.43%) Mockito
12 5 (0.43%) JBehave
General
1 590 (50.38%) Banking
2 556 (47.48%) Finance
3 443 (37.83%) Front Office
4 431 (36.81%) Investment Banking
5 71 (6.06%) Back Office
6 35 (2.99%) Financial Institution
7 23 (1.96%) Legal
8 20 (1.71%) Telecoms
9 16 (1.37%) Retail
10 12 (1.02%) General Ledger
10 12 (1.02%) Advertising
11 7 (0.60%) Corporate Banking
12 4 (0.34%) French Language
12 4 (0.34%) Retail Banking
13 1 (0.085%) Private Banking
13 1 (0.085%) Marketing
13 1 (0.085%) Games
13 1 (0.085%) Manufacturing
13 1 (0.085%) Law
Job Titles
1 531 (45.35%) Developer
2 412 (35.18%) Analyst
3 289 (24.68%) Business Analyst
4 140 (11.96%) Java Developer
5 130 (11.10%) C# Developer
6 90 (7.69%) Senior Developer
7 75 (6.40%) Project Manager
8 64 (5.47%) C++ Developer
9 47 (4.01%) .NET Developer
10 38 (3.25%) Python Developer
11 37 (3.16%) Banking Business Analyst
11 37 (3.16%) Senior C# Developer
12 34 (2.90%) Support Analyst
13 33 (2.82%) Applications Support
13 33 (2.82%) Senior Analyst
13 33 (2.82%) Investment Banking Business Analyst
14 31 (2.65%) Quantitative Developer
15 27 (2.31%) Senior Java Developer
15 27 (2.31%) Scala Developer
16 25 (2.13%) C# .NET Developer
Libraries, Frameworks & Software Standards
1 195 (16.65%) .NET
2 87 (7.43%) XML
3 77 (6.58%) WPF
4 75 (6.40%) HTML
5 71 (6.06%) FIX Protocol
6 54 (4.61%) WCF
6 54 (4.61%) HTML5
7 41 (3.50%) Spring
8 32 (2.73%) WinForms
9 31 (2.65%) FpML
10 30 (2.56%) Web Services
11 27 (2.31%) .NET Framework
12 25 (2.13%) AngularJS
13 23 (1.96%) J2EE
13 23 (1.96%) ASP.NET
14 21 (1.79%) Middleware
15 19 (1.62%) Rendezvous
16 15 (1.28%) STL
17 14 (1.20%) TIBCO EMS
17 14 (1.20%) RESTful
Miscellaneous
1 296 (25.28%) Fixed Income
2 277 (23.65%) Equities
3 275 (23.48%) Equity Derivative
4 243 (20.75%) Foreign Exchange (FX)
5 150 (12.81%) Analytical Skills
6 88 (7.51%) Credit Derivative
7 79 (6.75%) Credit Risk
8 71 (6.06%) Interest Rate Derivative
9 53 (4.53%) Market Risk
10 50 (4.27%) Computer Science
11 49 (4.18%) Mathematics
12 39 (3.33%) Data Structures
13 34 (2.90%) Grid Computing
14 32 (2.73%) Reference Data
15 28 (2.39%) Algorithms
16 17 (1.45%) Contract for Difference
17 16 (1.37%) Hedge funds
18 15 (1.28%) DTCC
18 15 (1.28%) Management Information System
19 14 (1.20%) Physics
Operating Systems
1 186 (15.88%) UNIX
2 131 (11.19%) Linux
3 87 (7.43%) Windows
4 9 (0.77%) Solaris
5 8 (0.68%) Red Hat Enterprise Linux
6 2 (0.17%) Amazon Linux
7 1 (0.085%) Apple iOS
7 1 (0.085%) Oracle Linux
7 1 (0.085%) Windows Server 2003
7 1 (0.085%) Android
7 1 (0.085%) Windows Server 2008
7 1 (0.085%) CentOS
Processes & Methodologies
1 255 (21.78%) Agile Software Development
2 147 (12.55%) Business Analysis
3 143 (12.21%) Multithreading
4 125 (10.67%) OO
5 124 (10.59%) Risk Management
6 118 (10.08%) TDD
7 98 (8.37%) SDLC
8 87 (7.43%) Stakeholder Management
9 86 (7.34%) Analytics
10 85 (7.26%) Project Management
11 83 (7.09%) Asset Management
12 68 (5.81%) Investment Management
13 58 (4.95%) Unit Testing
14 57 (4.87%) User Acceptance Testing
15 50 (4.27%) Continuous Integration
16 49 (4.18%) Data Analysis
16 49 (4.18%) Workflow
17 48 (4.10%) Migration
18 46 (3.93%) Electronic Trading
19 44 (3.76%) OOD
Programming Languages
1 360 (30.74%) SQL
2 300 (25.62%) C#
3 295 (25.19%) Java
4 177 (15.12%) C++
5 116 (9.91%) Python
6 63 (5.38%) JavaScript
7 60 (5.12%) Perl
8 59 (5.04%) Scala
9 55 (4.70%) VBA
10 37 (3.16%) Shell Script
11 32 (2.73%) T-SQL
11 32 (2.73%) C
12 12 (1.02%) PL/SQL
13 11 (0.94%) Haskell
14 10 (0.85%) VB
15 9 (0.77%) Bash Shell
15 9 (0.77%) Clojure
16 8 (0.68%) Korn
17 6 (0.51%) R
17 6 (0.51%) F#
Qualifications
1 110 (9.39%) Degree
2 18 (1.54%) Security Cleared
3 17 (1.45%) ISEB
4 9 (0.77%) ISTQB
5 7 (0.60%) CFA
6 6 (0.51%) SC Cleared
7 5 (0.43%) DV Cleared
7 5 (0.43%) PRINCE2 Certification
7 5 (0.43%) PhD
7 5 (0.43%) PMI Certification
8 4 (0.34%) Six Sigma Master Black Belt
8 4 (0.34%) Six Sigma Black Belt
8 4 (0.34%) ITIL Foundation Certificate
9 3 (0.26%) IIBA
9 3 (0.26%) CBAP
9 3 (0.26%) PMP
10 2 (0.17%) ITIL Certification
10 2 (0.17%) Postgraduate
10 2 (0.17%) CIMA
11 1 (0.085%) CAPM
Quality Assurance & Compliance
1 66 (5.64%) QA
2 64 (5.47%) EMIR
3 59 (5.04%) Dodd-Frank
4 32 (2.73%) MiFID
5 12 (1.02%) CRD IV
6 11 (0.94%) COREP
7 10 (0.85%) Basel III
8 9 (0.77%) Solvency II
9 8 (0.68%) FATCA
10 4 (0.34%) Data Quality
11 2 (0.17%) AIFMD
12 1 (0.085%) Sarbanes-Oxley
12 1 (0.085%) Basel II
12 1 (0.085%) GAAP
System Software
1 4 (0.34%) HDFS
2 3 (0.26%) Apache Flume
2 3 (0.26%) Platform Symphony
3 2 (0.17%) Varnish
Systems Management
1 12 (1.02%) HP Quality Center
2 10 (0.85%) ITRS Geneos
3 6 (0.51%) Control-M
4 4 (0.34%) Puppet
5 3 (0.26%) Oozie
5 3 (0.26%) Tivoli
6 2 (0.17%) Ansible
6 2 (0.17%) SCOM
7 1 (0.085%) MOM
7 1 (0.085%) CA Single Sign-On
Vendors
1 120 (10.25%) Oracle
2 63 (5.38%) Microsoft
3 55 (4.70%) Sybase
4 42 (3.59%) TIBCO
5 36 (3.07%) Murex
6 29 (2.48%) IBM
6 29 (2.48%) Charles River
7 21 (1.79%) Bloomberg
8 20 (1.71%) DevExpress
9 15 (1.28%) Fidessa
10 13 (1.11%) HP
11 12 (1.02%) Solace
12 11 (0.94%) Calypso
12 11 (0.94%) Sophis
13 8 (0.68%) Infragistics
13 8 (0.68%) SAP
13 8 (0.68%) Wall Street Systems
14 7 (0.60%) ION Trading
14 7 (0.60%) Reuters
15 6 (0.51%) SunGard
City, London
Harrington Starr
Rate: £500 - £700 per day
Posted: Yesterday
City, London
Deerfoot IT Resources Ltd
Rate: £500 - £600 per day
Posted: Yesterday
London
Hydrogen Group
Rate: £600 - £800 per annum
Posted: 2 days ago
City, London
Harrington Starr
Rate: £450 - £600 per day
Posted: 3 days ago
London
Orgtel
Rate: £300 - £301 per day
Posted: 3 days ago
UK
Cititec
Rate: £500 - 575 per day
Posted: 4 days ago
City, London
Hays Finance Technology
Rate: £500.00 - £575.00 per day
Posted: 4 days ago
London
Nicoll Curtin
Rate: £550 - £600 per day
Posted: 5 days ago
London
TEKsystems
Rate: £750 - £900 per day
Posted: 5 days ago
London
McGregor Boyall
Rate: £500 - £550 per day
Posted: 5 days ago
London
Oliver Bernard
Rate: From £550 to £600 per day
Posted: 5 days ago
London
Hays Finance Technology
Rate: £600.00 - £650.00 per day
Posted: 5 days ago
City, London
TEKsystems
Rate: £575 - £625 per day
Posted: 5 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £500 - £600 per day
Posted: 5 days ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £575.00 per day
Posted: 5 days ago
London
TEKsystems
Rate: £650 - £750 per day
Posted: 6 days ago
Edinburgh, Midlothian
Hydrogen Group
Rate: £300.00 - £500.00 per day
Posted: 6 days ago
Edinburgh, Midlothian
Hydrogen Group
Rate: £350.00 - £500 per day
Posted: 6 days ago
London
Harvey Nash plc
Rate: £131 - £165 per day
Posted: 6 days ago
London
Orgtel
Rate: £275 - £300 per day
Posted: 6 days ago