The first table below looks at the prevalence of the term Equity Derivative in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Equity Derivative over the 3 months to 24 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category.

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
24 May 2013
Same period 2012 Same period 2011
Equity Derivatives
Rank 399 417 156
Rank change year-on-year
+18 -261
Contract jobs citing Equity Derivative 132 168 755
As % of all contract IT jobs located in the UK 0.285% 0.288% 1.237%
As % of the Miscellaneous category 1.072% 1.175% 4.394%
Number of daily rates quoted 107 123 582
Average daily rate £555 £550 £575
Average daily rate % change year-on-year
+0.90% -4.34%
90% offered a daily rate of more than £475 £480 £500
10% offered a daily rate of more than £650 £700 £650
UK excluding London average daily rate £500 £313 £375
% change year-on-year
+60.00% -16.66%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £27.50
UK excluding London average hourly rate - - -
All of the Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
12308 14298 17184
As % of all contract IT jobs located in the UK 26.53% 24.52% 28.15%
Number of daily rates quoted 7390 8376 10196
Average daily rate £425 £425 £525
Average daily rate % change year-on-year
- -19.04%
90% offered a daily rate of more than £245 £250 £275
10% offered a daily rate of more than £600 £600 £650
UK excluding London average daily rate £350 £345 £340
% change year-on-year
+1.44% +1.47%
Number of hourly rates quoted 536 662 725
Average hourly rate £22.50 £22.50 £23.36
Average hourly rate % change year-on-year
- -3.68%
90% offered a hourly rate of more than £12.50 £12.50 £11.25
10% offered a hourly rate of more than £44.15 £45.00 £42.10
UK excluding London average hourly rate £22.50 £22.50 £26.00
% change year-on-year
- -13.46%

Equity Derivative
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Equity Derivative within the UK as a proportion of the total demand within the Miscellaneous category.

Equity Derivative Jobs Demand Trend

Equity Derivative
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Equity Derivative within the UK.

Equity Derivative Daily Rate Trend

Equity Derivative
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Equity Derivative within the UK over the 3 months to 24 May 2013.

Equity Derivative Daily Rate Histogram

Equity Derivative
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Equity Derivative within the UK.

Equity Derivative Hourly Rate Trend

Equity Derivative
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Equity Derivative within the UK over the 3 months to 24 May 2013. 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
(Click each for more statistics)
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
England +1 120 £555 +0.90%
London -4 120 £555 +0.90%
City of London -9 52 £550 -
Scotland +2 12 £500 +60.00%
Glasgow -4 11 £525 -
Canary Wharf +1 8 £650 -
Docklands, London 0 1 £500 -16.66%

Equity Derivative
Top 30 Related IT Skills

For the 6 months to 24 May 2013, IT contractor jobs within the UK citing Equity 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 Equity Derivative.

1 230 (95.83%) Derivative
2 113 (47.08%) Front Office
3 110 (45.83%) Java
4 99 (41.25%) Banking
5 78 (32.50%) Investment Banking
6 64 (26.67%) Finance
7 60 (25.00%) SQL
8 49 (20.42%) Agile Software Development
9 46 (19.17%) UNIX
10 41 (17.08%) Equities
10 41 (17.08%) C#
11 39 (16.25%) C++
12 36 (15.00%) Risk Management
12 36 (15.00%) TDD
13 31 (12.92%) Oracle
14 30 (12.50%) Perl
14 30 (12.50%) Fixed Income
15 29 (12.08%) Foreign Exchange (FX)
15 29 (12.08%) Unit Testing
16 24 (10.00%) Python
16 24 (10.00%) Sybase
17 23 (9.583%) PL/SQL
18 21 (8.750%) Credit Derivative
19 20 (8.333%) Pair Programming
19 20 (8.333%) Shell Script
20 19 (7.917%) BDD
20 19 (7.917%) Spring
21 18 (7.500%) Workflow
22 17 (7.083%) SQL Server
22 17 (7.083%) JUnit

Equity Derivative
Top Related IT Skills by Category

For the 6 months to 24 May 2013, IT contractor jobs within the UK citing Equity 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 Equity Derivative. Up to 20 skills are shown per category.

Application Development
1 19 (7.917%) Spring
2 12 (5.000%) XML
3 11 (4.583%) .NET
3 11 (4.583%) J2SE
3 11 (4.583%) WPF
4 8 (3.333%) Hibernate
5 6 (2.500%) MDX
5 6 (2.500%) JMS
6 5 (2.083%) J2EE
6 5 (2.083%) Murex MxML
7 4 (1.667%) HTML5
7 4 (1.667%) RESTful
7 4 (1.667%) JSON
8 3 (1.250%) Web Services
8 3 (1.250%) JDBC
9 2 (0.833%) Smart GWT
9 2 (0.833%) FIX Protocol
9 2 (0.833%) XML Messaging
9 2 (0.833%) WinForms
9 2 (0.833%) SOAP
Application Platforms
1 5 (2.083%) Confluence
2 4 (1.667%) SharePoint
3 2 (0.833%) GemFire
3 2 (0.833%) Oracle Coherence
3 2 (0.833%) Rendezvous
3 2 (0.833%) MQSeries
3 2 (0.833%) Tomcat
4 1 (0.417%) TIBCO EMS
Applications
1 2 (0.833%) MS Excel
1 2 (0.833%) MS Office
2 1 (0.417%) MS Visio
2 1 (0.417%) MS PowerPoint
Business Applications
1 6 (2.500%) RMDS
2 5 (2.083%) Murex MxG2000
2 5 (2.083%) Sophis RISQUE
3 1 (0.417%) Summit
3 1 (0.417%) Kondor+
Communications & Networking
1 4 (1.667%) HTTP
2 2 (0.833%) FTP
2 2 (0.833%) TCP/IP
Database & Business Intelligence
1 17 (7.083%) SQL Server
2 10 (4.167%) Oracle OLAP
2 10 (4.167%) OLAP
3 8 (3.333%) Oracle 11g
4 6 (2.500%) SQL Server Integration Services
4 6 (2.500%) SQL Server Analysis Services
4 6 (2.500%) Microsoft Analysis Services
4 6 (2.500%) Sybase IQ
4 6 (2.500%) RDBMS
4 6 (2.500%) Oracle 8/8i
4 6 (2.500%) DB2
5 5 (2.083%) Data Warehouse
6 4 (1.667%) Data Mart
6 4 (1.667%) Data Mining
7 3 (1.250%) MongoDB
8 2 (0.833%) NoSQL
8 2 (0.833%) SQL Server 2008
8 2 (0.833%) QlikView
9 1 (0.417%) Oracle 10g
9 1 (0.417%) MS Access
Development Applications
1 17 (7.083%) JUnit
2 15 (6.250%) JIRA
3 6 (2.500%) Subversion
4 5 (2.083%) Eclipse
5 4 (1.667%) JBehave
5 4 (1.667%) QuickTest Pro
6 3 (1.250%) Selenium
6 3 (1.250%) jMock
7 2 (0.833%) Hudson
7 2 (0.833%) Mockito
7 2 (0.833%) TeamCity
7 2 (0.833%) EasyMock
7 2 (0.833%) Maven
7 2 (0.833%) Oracle Forms
8 1 (0.417%) Visual Studio
8 1 (0.417%) ClearCase
8 1 (0.417%) Expression Blend
8 1 (0.417%) TestComplete
8 1 (0.417%) Cucumber
General
1 113 (47.08%) Front Office
2 99 (41.25%) Banking
3 78 (32.50%) Investment Banking
4 64 (26.67%) Finance
5 16 (6.667%) Back Office
6 10 (4.167%) Legal
7 3 (1.250%) Retail
8 2 (0.833%) Financial Institution
9 1 (0.417%) Spanish Language
Job Titles
1 129 (53.75%) Developer
2 74 (30.83%) Java Developer
3 69 (28.75%) Analyst
4 46 (19.17%) Business Analyst
5 22 (9.167%) Senior Developer
6 20 (8.333%) Agile Java Developer
7 17 (7.083%) Senior Java Developer
8 16 (6.667%) Equity Derivatives Business Analyst
9 12 (5.000%) C# Developer
10 11 (4.583%) Project Manager
10 11 (4.583%) Murex Analyst
11 10 (4.167%) Investment Banking Business Analyst
11 10 (4.167%) Senior Analyst
12 9 (3.750%) Oracle Developer
12 9 (3.750%) Support Analyst
12 9 (3.750%) C++ Developer
13 8 (3.333%) Murex Business Analyst
13 8 (3.333%) Senior Business Analyst
14 6 (2.500%) WPF Developer
15 5 (2.083%) SQL Developer
Miscellaneous
1 230 (95.83%) Derivative
2 41 (17.08%) Equities
3 30 (12.50%) Fixed Income
4 29 (12.08%) Foreign Exchange (FX)
5 21 (8.750%) Credit Derivative
6 10 (4.167%) N-Tier
7 8 (3.333%) Computer Science
8 7 (2.917%) Mathematics
9 6 (2.500%) Equity Risk
9 6 (2.500%) Credit Risk
10 5 (2.083%) Market Risk
11 4 (1.667%) Wiki
11 4 (1.667%) Economics
12 3 (1.250%) Grid Computing
12 3 (1.250%) Interest Rate Derivative
12 3 (1.250%) DTCC
13 2 (0.833%) Cloud Computing
13 2 (0.833%) Contract for Difference
14 1 (0.417%) Management Information System
14 1 (0.417%) Physics
Operating Systems
1 46 (19.17%) UNIX
2 16 (6.667%) Linux
3 12 (5.000%) Windows
4 3 (1.250%) Solaris
5 2 (0.833%) Windows 7
6 1 (0.417%) Windows 8
Processes & Methodologies
1 49 (20.42%) Agile Software Development
2 36 (15.00%) Risk Management
2 36 (15.00%) TDD
3 29 (12.08%) Unit Testing
4 20 (8.333%) Pair Programming
5 19 (7.917%) BDD
6 18 (7.500%) Workflow
7 17 (7.083%) Business Analysis
8 15 (6.250%) Multithreading
8 15 (6.250%) Dependency Injection
9 13 (5.417%) Data Modelling
10 12 (5.000%) User Acceptance Testing
10 12 (5.000%) Scrum
11 11 (4.583%) Migration
11 11 (4.583%) OO
11 11 (4.583%) Greeks
12 10 (4.167%) Configuration Management
12 10 (4.167%) Project Management
13 8 (3.333%) Electronic Trading
14 7 (2.917%) Project Planning
Programming Languages
1 110 (45.83%) Java
2 60 (25.00%) SQL
3 41 (17.08%) C#
4 39 (16.25%) C++
5 30 (12.50%) Perl
6 24 (10.00%) Python
7 23 (9.583%) PL/SQL
8 20 (8.333%) Shell Script
9 16 (6.667%) VBA
10 15 (6.250%) Scala
11 14 (5.833%) VB
12 4 (1.667%) VB6
12 4 (1.667%) Jython
13 3 (1.250%) Korn
13 3 (1.250%) Clojure
14 2 (0.833%) Bash shell
14 2 (0.833%) C
15 1 (0.417%) T-SQL
15 1 (0.417%) JavaScript
15 1 (0.417%) Haskell
Qualifications
1 15 (6.250%) Degree
Quality Assurance & Compliance
1 14 (5.833%) QA
2 2 (0.833%) Basel III
3 1 (0.417%) Sarbanes-Oxley
3 1 (0.417%) MiFID
3 1 (0.417%) FATCA
Systems Management
1 7 (2.917%) HP Quality Center
2 1 (0.417%) Control-M
Vendors
1 31 (12.92%) Oracle
2 24 (10.00%) Sybase
3 16 (6.667%) Murex
4 13 (5.417%) Sophis
5 9 (3.750%) Calypso
5 9 (3.750%) Microsoft
6 8 (3.333%) Reuters
7 6 (2.500%) Sun
8 5 (2.083%) Fidessa
9 4 (1.667%) Perforce
10 3 (1.250%) Bloomberg
10 3 (1.250%) TIBCO
10 3 (1.250%) DataSynapse
11 1 (0.417%) HP
11 1 (0.417%) CA
11 1 (0.417%) Thunderhead
11 1 (0.417%) GL TRADE
11 1 (0.417%) Google
11 1 (0.417%) UC4
City of London
The Horizon developer will have: At least 2 years in depth Horizon experience (integration work and consequently some Java exposure) The Bank's trading team's platform is...
Real Staffing
Rate: £500 - £800 per day
Posted: 15 May 2013
London
Horizon Developer A leading investment bank requires a Horizon Developer with some JAVA to work in the equity derivatives area.
ITHR 752
Rate: £650.00
Posted: 1 May 2013
City of London
The Horizon Developer will have: Extensively strong Horizon development exposure Investment Banking/Financial Services experience (ideally worked with Equity Derivatives/Delta 1 Products) and the following will be...
Real Staffing
Rate: £500 - £625 per day
Posted: 15 May 2013
City of London
My Client, a leading investment bank is looking for an experienced front-to-back Project manager to take the lead on their derivatives confirmation program. Skills and Experience:- -...
Huxley Associates
Rate: £500 - £7000 per annum
Posted: 15 May 2013
City of London
Java/Sybase - Analyst Developer Position working in Risk in IB £50-65k (depending on experience) + fantastic benefits + bonuses A client facing position for a senior developer with around...
Huxley Associates
Rate: £50000 - £65000 per annum + bonuses + benefits
Posted: 25 May 2013
London
The BA will undertake analysis, design and testing of new FX Options products. The role is based away from the core Murex team and working alongside the Pricing...
Rate: £600 - £700 per day
Posted: 30 April 2013
City, London
This person will be responsible for end-to-end process of collating market risk data with overall ownership of the Equity Derivatives Business, both global and regional... Ownership...
Hydrogen Group
Rate: £300.00 - £350.00 per annum
Posted: 20 May 2013