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 2 June 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
2 Jun 2015
Same period 2014 Same period 2013
Derivatives
Rank 223 173 95
Rank change year-on-year
-50 -78
Contract jobs citing Derivative 522 637 933
As % of all contract IT jobs located in the UK 0.97% 1.22% 2.03%
As % of the Miscellaneous category 3.10% 3.87% 6.21%
Number of daily rates quoted 375 509 715
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£550 £575 £550
Average daily rate % change year-on-year
-4.34% +4.54%
90% offered a daily rate of more than £425 £394 £425
10% offered a daily rate of more than £650 £700 £675
UK excluding London average daily rate £425 £375 £450
% change year-on-year
+13.33% -16.66%
Number of hourly rates quoted 0 2 1
Average hourly rate - £46.00 £17.00
Average hourly rate % change year-on-year
- +170.58%
UK excluding London average hourly rate - £42.00 £17.00
% change year-on-year
- +147.05%

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
16859 16469 15032
As % of all contract IT jobs located in the UK 31.46% 31.49% 32.76%
Number of daily rates quoted 10390 10222 8827
Average daily rate £413 £400 £425
Average daily rate % change year-on-year
+3.12% -5.88%
90% offered a daily rate of more than £250 £230 £240
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 665 651 649
Average hourly rate £18.71 £21.00 £22.50
Average hourly rate % change year-on-year
-10.90% -6.66%
90% offered a hourly rate of more than £12.00 £12.00 £12.50
10% offered a hourly rate of more than £45.00 £42.50 £45.00
UK excluding London average hourly rate £19.00 £21.00 £21.50
% change year-on-year
-9.52% -2.32%

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 2 June 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 23 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 2 June 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 -46 491 £550 -4.34% 144
London -15 471 £550 -4.34% 139
City of London -17 141 £575 +4.54% 73
Scotland -26 19 £394 +0.31% 5
South East -3 14 £310 +3.50% 4
Hampshire +9 13 £305 +1.91%
Glasgow -8 13 £381 +1.66% 2
Canary Wharf 0 12 £538 -28.33%
Stirling -7 4 - -
South West - 4 £425 -
Hook -11 3 £310 +3.50%
Northern Ireland - 3 £388 -
Gloucestershire - 3 £425 -
County Antrim - 3 £388 -
Belfast - 3 £388 -
Cheltenham - 3 £425 -
Docklands, London -7 2 £619 +50.00% 1
Edinburgh -9 2 £450 -20.87% 3
Manchester - 2 £263 -
North West - 2 £263 - 1
Wiltshire - 1 £425 -
Milton Keynes - 1 £425 -
Buckinghamshire - 1 £425 -

Derivative
Top 30 Related IT Skills

For the 6 months to 2 June 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.

1 516 (43.69%) Banking
2 480 (40.64%) Front Office
3 445 (37.68%) Finance
4 357 (30.23%) SQL
5 355 (30.06%) Investment Banking
6 341 (28.87%) Java
7 274 (23.20%) C#
8 271 (22.95%) Equities
9 268 (22.69%) Fixed Income
10 261 (22.10%) Foreign Exchange (FX)
10 261 (22.10%) Agile Software Development
11 260 (22.02%) Equity Derivative
12 231 (19.56%) UNIX
13 185 (15.66%) OO
14 175 (14.82%) .NET
15 173 (14.65%) C++
16 160 (13.55%) Analytical Skills
17 146 (12.36%) Linux
18 145 (12.28%) Multithreading
19 120 (10.16%) SQL Server
20 119 (10.08%) Business Analysis
21 118 (9.99%) Oracle
21 118 (9.99%) Python
22 115 (9.74%) Risk Management
23 113 (9.57%) TDD
24 102 (8.64%) Degree
24 102 (8.64%) Project Management
25 94 (7.96%) SDLC
26 90 (7.62%) Credit Derivative
27 89 (7.54%) Data Modelling

Derivative
Top Related IT Skills by Category

For the 6 months to 2 June 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 16 (1.35%) WebSphere
2 14 (1.19%) Oracle Workflow
3 10 (0.85%) MQSeries
3 10 (0.85%) SharePoint
4 9 (0.76%) Oracle Coherence
5 7 (0.59%) WebLogic
5 7 (0.59%) Apache
5 7 (0.59%) Tomcat
6 6 (0.51%) Node.js
7 5 (0.42%) IIS
7 5 (0.42%) Apache Spark
8 4 (0.34%) SharePoint 2013
9 2 (0.17%) Confluence
10 1 (0.085%) FileNet
10 1 (0.085%) Documentum
10 1 (0.085%) MTS
10 1 (0.085%) GemFire
10 1 (0.085%) Lync
10 1 (0.085%) SharePoint 2010
Applications
1 53 (4.49%) MS Excel
2 15 (1.27%) MS Office
2 15 (1.27%) MS PowerPoint
3 11 (0.93%) MS Project
3 11 (0.93%) Spreadsheet
4 7 (0.59%) MS Visio
5 6 (0.51%) Acrobat
6 2 (0.17%) RoboHelp
6 2 (0.17%) FrameMaker
Business Applications
1 34 (2.88%) Markit EDM
2 27 (2.29%) Summit
3 19 (1.61%) thinkFolio
4 17 (1.44%) ION MarketView
5 10 (0.85%) LatentZero
6 9 (0.76%) SunGard GMI
6 9 (0.76%) Sentinel
7 6 (0.51%) IntelliMatch
7 6 (0.51%) Tesseract
7 6 (0.51%) Minerva
8 4 (0.34%) Global One
9 3 (0.25%) SunGard Stream Clearvision
9 3 (0.25%) Oracle General Ledger
9 3 (0.25%) Eagle PACE
9 3 (0.25%) Temenos T24
10 2 (0.17%) RMDS
10 2 (0.17%) SimCorp Dimension
11 1 (0.085%) LongView
11 1 (0.085%) SAP FI
11 1 (0.085%) Endur
Cloud Services
1 2 (0.17%) Amazon AWS
Communications & Networking
1 7 (0.59%) HTTP
2 6 (0.51%) TCP/IP
2 6 (0.51%) Firewall
3 4 (0.34%) Multicast
4 2 (0.17%) DNS
4 2 (0.17%) SSL
4 2 (0.17%) Internet
4 2 (0.17%) HTTPS
4 2 (0.17%) DSL
5 1 (0.085%) Kerberos
5 1 (0.085%) Unified Communications
Database & Business Intelligence
1 120 (10.16%) SQL Server
2 77 (6.52%) Relational Database
3 48 (4.06%) RDBMS
4 33 (2.79%) Data Warehouse
5 25 (2.12%) SQL Server 2008
6 21 (1.78%) SQL Server Integration Services
7 19 (1.61%) SQL Server Reporting Services
7 19 (1.61%) Hadoop
7 19 (1.61%) Oracle Database
8 15 (1.27%) MS Access
8 15 (1.27%) DB2
9 13 (1.10%) DTS
10 12 (1.02%) Big Data
11 11 (0.93%) Data Mining
12 10 (0.85%) KDB
13 9 (0.76%) Sybase ASE
13 9 (0.76%) NoSQL
14 8 (0.68%) HBase
14 8 (0.68%) SQL Server 2012
14 8 (0.68%) Oracle Database 11g
Development Applications
1 40 (3.39%) Ant
1 40 (3.39%) Subversion
2 34 (2.88%) NUnit
3 31 (2.62%) TeamCity
3 31 (2.62%) JIRA
4 29 (2.46%) ClearCase
5 26 (2.20%) GoogleTest
5 26 (2.20%) JUnit
6 24 (2.03%) CppUnit
7 19 (1.61%) Rational Rose
8 18 (1.52%) Visual Studio
9 17 (1.44%) Maven
10 16 (1.35%) CruiseControl
11 13 (1.10%) Team Foundation Server
12 12 (1.02%) Git (software)
13 10 (0.85%) Eclipse
14 8 (0.68%) ProC
15 6 (0.51%) Cucumber
16 5 (0.42%) SpecFlow
17 4 (0.34%) Jenkins
General
1 516 (43.69%) Banking
2 480 (40.64%) Front Office
3 445 (37.68%) Finance
4 355 (30.06%) Investment Banking
5 73 (6.18%) Back Office
6 39 (3.30%) Financial Institution
7 28 (2.37%) Telecoms
8 18 (1.52%) Retail
9 16 (1.35%) French Language
10 15 (1.27%) Legal
11 10 (0.85%) General Ledger
12 8 (0.68%) Advertising
13 7 (0.59%) Corporate Banking
14 4 (0.34%) Retail Banking
15 3 (0.25%) Private Banking
16 2 (0.17%) Billing
17 1 (0.085%) Manufacturing
17 1 (0.085%) Law
17 1 (0.085%) German Language
17 1 (0.085%) Marketing
Job Titles
1 544 (46.06%) Developer
2 396 (33.53%) Analyst
3 261 (22.10%) Business Analyst
4 187 (15.83%) Java Developer
5 123 (10.41%) C# Developer
6 84 (7.11%) Senior Developer
7 80 (6.77%) Project Manager
8 70 (5.93%) C++ Developer
9 43 (3.64%) Support Analyst
10 39 (3.30%) .NET Developer
11 34 (2.88%) Applications Support
12 30 (2.54%) Senior Java Developer
12 30 (2.54%) RAD Developer
13 28 (2.37%) Senior C# Developer
13 28 (2.37%) Excel Developer
14 26 (2.20%) C# .NET Developer
14 26 (2.20%) Senior Analyst
14 26 (2.20%) Programmer
15 25 (2.12%) Python Developer
16 24 (2.03%) Banking Business Analyst
Libraries, Frameworks & Software Standards
1 175 (14.82%) .NET
2 85 (7.20%) XML
3 77 (6.52%) WPF
4 60 (5.08%) FIX Protocol
5 58 (4.91%) Spring
6 57 (4.83%) WCF
7 56 (4.74%) HTML
8 38 (3.22%) HTML5
9 33 (2.79%) .NET Framework
10 31 (2.62%) Web Services
10 31 (2.62%) WinForms
11 30 (2.54%) FpML
11 30 (2.54%) RESTful
12 19 (1.61%) Swing
12 19 (1.61%) AngularJS
13 18 (1.52%) SOAP
13 18 (1.52%) ASP.NET
14 17 (1.44%) JDBC
15 16 (1.35%) JMS
15 16 (1.35%) Hibernate
Miscellaneous
1 271 (22.95%) Equities
2 268 (22.69%) Fixed Income
3 261 (22.10%) Foreign Exchange (FX)
4 260 (22.02%) Equity Derivative
5 160 (13.55%) Analytical Skills
6 90 (7.62%) Credit Derivative
7 65 (5.50%) Computer Science
8 57 (4.83%) Interest Rate Derivative
9 37 (3.13%) Mathematics
10 31 (2.62%) Market Risk
11 29 (2.46%) Credit Risk
12 24 (2.03%) Data Structures
13 22 (1.86%) Algorithms
14 17 (1.44%) Management Information System
14 17 (1.44%) Reference Data
15 14 (1.19%) Grid Computing
16 12 (1.02%) Swaptions
17 11 (0.93%) N-Tier
17 11 (0.93%) Hedge funds
18 10 (0.85%) Client/Server
Operating Systems
1 231 (19.56%) UNIX
2 146 (12.36%) Linux
3 64 (5.42%) Windows
4 10 (0.85%) Red Hat Enterprise Linux
5 3 (0.25%) Solaris
6 2 (0.17%) Amazon Linux
7 1 (0.085%) CentOS
7 1 (0.085%) Android
7 1 (0.085%) Oracle Linux
7 1 (0.085%) Apple iOS
Processes & Methodologies
1 261 (22.10%) Agile Software Development
2 185 (15.66%) OO
3 145 (12.28%) Multithreading
4 119 (10.08%) Business Analysis
5 115 (9.74%) Risk Management
6 113 (9.57%) TDD
7 102 (8.64%) Project Management
8 94 (7.96%) SDLC
9 89 (7.54%) Data Modelling
10 77 (6.52%) Workflow
11 68 (5.76%) Analytics
12 65 (5.50%) Electronic Trading
13 63 (5.33%) Asset Management
14 60 (5.08%) Investment Management
15 57 (4.83%) Stakeholder Management
16 56 (4.74%) Migration
17 55 (4.66%) RAD
18 52 (4.40%) User Acceptance Testing
19 51 (4.32%) Software Engineering
20 50 (4.23%) OOD
Programming Languages
1 357 (30.23%) SQL
2 341 (28.87%) Java
3 274 (23.20%) C#
4 173 (14.65%) C++
5 118 (9.99%) Python
6 81 (6.86%) VBA
7 57 (4.83%) JavaScript
8 54 (4.57%) Perl
9 34 (2.88%) Scala
10 33 (2.79%) C
11 31 (2.62%) Shell Script
12 26 (2.20%) T-SQL
13 17 (1.44%) PL/SQL
14 13 (1.10%) VB
15 12 (1.02%) Clojure
16 11 (0.93%) Go
17 10 (0.85%) Haskell
18 8 (0.68%) VBScript
19 7 (0.59%) XAML
20 6 (0.51%) R
Qualifications
1 102 (8.64%) Degree
2 30 (2.54%) Security Cleared
3 19 (1.61%) SC Cleared
4 9 (0.76%) ISEB
5 8 (0.68%) ISTQB
6 5 (0.42%) PMI Certification
6 5 (0.42%) CFA
6 5 (0.42%) DV Cleared
7 4 (0.34%) PRINCE2 Certification
8 3 (0.25%) PMP
9 2 (0.17%) ISTQB Foundation Certification
10 1 (0.085%) A+ Certification
10 1 (0.085%) ITIL Certification
10 1 (0.085%) PhD
10 1 (0.085%) Postgraduate
10 1 (0.085%) CAPM
10 1 (0.085%) IIBA
10 1 (0.085%) CBAP
Quality Assurance & Compliance
1 53 (4.49%) QA
2 45 (3.81%) EMIR
3 39 (3.30%) Dodd-Frank
4 18 (1.52%) MiFID
5 7 (0.59%) FATCA
5 7 (0.59%) Basel III
6 5 (0.42%) Solvency II
7 4 (0.34%) Data Quality
8 3 (0.25%) COREP
8 3 (0.25%) CRD IV
9 2 (0.17%) ISO 9001
10 1 (0.085%) Sarbanes-Oxley
10 1 (0.085%) Basel II
10 1 (0.085%) SLA
System Software
1 3 (0.25%) Apache Flume
2 2 (0.17%) HDFS
2 2 (0.17%) Varnish
2 2 (0.17%) Platform Symphony
3 1 (0.085%) Active Directory
3 1 (0.085%) Ceph
Systems Management
1 10 (0.85%) HP Quality Center
1 10 (0.85%) Control-M
2 8 (0.68%) ITRS Geneos
3 3 (0.25%) Puppet
4 2 (0.17%) Ansible
4 2 (0.17%) Oozie
5 1 (0.085%) CA Single Sign-On
5 1 (0.085%) Vagrant
Vendors
1 118 (9.99%) Oracle
2 72 (6.10%) Sybase
3 59 (5.00%) Microsoft
4 31 (2.62%) Murex
5 30 (2.54%) TIBCO
6 24 (2.03%) DevExpress
6 24 (2.03%) ION Trading
7 22 (1.86%) Bloomberg
8 21 (1.78%) IBM
9 18 (1.52%) Charles River
10 15 (1.27%) Business Objects
11 14 (1.19%) Tradeweb
11 14 (1.19%) Calypso
12 12 (1.02%) Sophis
13 10 (0.85%) SunGard
13 10 (0.85%) Infragistics
14 9 (0.76%) Red Hat
14 9 (0.76%) Wall Street Systems
15 8 (0.68%) Tableau
15 8 (0.68%) Informatica
City, London
TEKsystems
Rate: £580 - £620 per day
Posted: 10 hours ago
City, London
Aston Carter
Rate: £550 - £600 per day
Posted: 10 hours ago
City, London
Apollo Solutions
Rate: £700 - £1000 per day
Posted: 16 hours ago
London
Pioneer Search
Rate: £0.00 - £600 per day
Posted: 18 hours ago
City, London
Apollo Solutions
Rate: £500 - £700 per day
Posted: 18 hours ago
City, London
TEKsystems
Posted: 19 hours ago
City, London
Hays Finance Technology
Rate: £500.00 - £600.00 per day
Posted: Yesterday
Edinburgh, Midlothian
Cathcart Associates Ltd
Posted: Yesterday
Surrey
Harrington Starr
Rate: £700 - £750 per day
Posted: Yesterday
City, London
Harrington Starr
Rate: £400 - £700 per day
Posted: Yesterday
City, London
Aston Carter
Rate: £400 - £500 per day
Posted: Yesterday
City, London
TEKsystems
Rate: £525 - £625 per day
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £550 - £750 per day
Posted: 3 days ago
City, London
Harrington Starr
Rate: £700 per day
Posted: 4 days ago
City, London
TEKsystems
Rate: £550 - £625 per day
Posted: 4 days ago
City, London
Aston Carter
Rate: £600 - £900 per day
Posted: 4 days ago
London
Hays Finance Technology
Rate: £500.00 - £700.00 per day
Posted: 4 days ago
Central London / West End
Westbourne Partners
Rate: From £600 to £650 per day
Posted: 4 days ago
City, London
TEKsystems
Rate: £550 - £650 per day
Posted: 4 days ago
London
McGregor Boyall
Rate: £550 - £650 per day
Posted: 4 days ago