The table below looks at the prevalence of the term Exotic Derivative in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Exotic Derivative over the 3 months to 29 August 2014 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
29 Aug 2014
Same period 2013 Same period 2012
Exotic Derivatives
Rank 604 575 566
Rank change year-on-year
-29 -9
Contract jobs citing Exotic Derivative 2 4 25
As % of all contract IT jobs located in the UK 0.004% 0.008% 0.043%
As % of the Miscellaneous category 0.014% 0.029% 0.17%
Number of daily rates quoted 2 4 24
Average daily rate
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£538 £650 £558
Average daily rate % change year-on-year
-17.30% +16.48%
90% offered a daily rate of more than £508 £598 £542
10% offered a daily rate of more than £568 £650 £587
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
14398 13715 14468
As % of all contract IT jobs located in the UK 25.46% 26.03% 25.00%
Number of daily rates quoted 8622 8426 8404
Average daily rate £413 £425 £425
Average daily rate % change year-on-year
-2.94% -
90% offered a daily rate of more than £240 £250 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 633 603 794
Average hourly rate £18.88 £19.50 £26.00
Average hourly rate % change year-on-year
-3.20% -25.00%
90% offered a hourly rate of more than £12.00 £12.00 £12.00
10% offered a hourly rate of more than £44.50 £42.50 £45.00
UK excluding London average hourly rate £19.00 £17.50 £29.00
% change year-on-year
+8.57% -39.65%

Exotic Derivative
Jobs Demand Trend

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

Exotic Derivative Jobs Demand Trend in the UK

Exotic Derivative
Daily Rate Trend

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

Exotic Derivative Daily Rate Trend in the UK

Exotic Derivative
Hourly Rate Trend

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

Exotic Derivative Hourly Rate Trend in the UK

Exotic Derivative
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Exotic Derivative within the UK over the 3 months to 29 August 2014. 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
London +15 2 £538 -17.30% 1
England -20 2 £538 -17.30% 1

Exotic Derivative
Top 30 Related IT Skills

For the 6 months to 29 August 2014, IT contractor jobs within the UK citing Exotic 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 Exotic Derivative.

1 3 (100.00%) Derivative
2 2 (66.67%) Risk Management
2 2 (66.67%) Finance
2 2 (66.67%) XML
2 2 (66.67%) Analytics
3 1 (33.33%) Financial Institution
3 1 (33.33%) Back Office
3 1 (33.33%) Performance Tuning
3 1 (33.33%) Relational Database
3 1 (33.33%) EMIR
3 1 (33.33%) Dodd-Frank
3 1 (33.33%) Apache Commons
3 1 (33.33%) Java
3 1 (33.33%) PL/SQL
3 1 (33.33%) SQL
3 1 (33.33%) JDBC
3 1 (33.33%) DOM
3 1 (33.33%) PRINCE2
3 1 (33.33%) Linux
3 1 (33.33%) UML
3 1 (33.33%) Apache
3 1 (33.33%) Tomcat
3 1 (33.33%) Python
3 1 (33.33%) MS Excel
3 1 (33.33%) MS Visio
3 1 (33.33%) Data Modelling
3 1 (33.33%) Microsoft
3 1 (33.33%) JAXB
3 1 (33.33%) Foreign Exchange (FX)
3 1 (33.33%) FpML

Exotic Derivative
Top Related IT Skills by Category

For the 6 months to 29 August 2014, IT contractor jobs within the UK citing Exotic 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 Exotic Derivative. Up to 20 skills are shown per category.

Application Platforms
1 1 (33.33%) Apache
1 1 (33.33%) Tomcat
Applications
1 1 (33.33%) MS Excel
1 1 (33.33%) MS Visio
Database & Business Intelligence
1 1 (33.33%) Relational Database
General
1 2 (66.67%) Finance
2 1 (33.33%) Banking
2 1 (33.33%) Investment Banking
2 1 (33.33%) Financial Institution
2 1 (33.33%) Back Office
Job Titles
1 2 (66.67%) Analyst
2 1 (33.33%) Data Analyst
2 1 (33.33%) Java Developer
2 1 (33.33%) Implementation Manager
2 1 (33.33%) Financial Business Analyst
2 1 (33.33%) Business Manager
2 1 (33.33%) Financial Services Business Analyst
2 1 (33.33%) Business Analyst
2 1 (33.33%) Developer
Libraries, Frameworks & Software Standards
1 2 (66.67%) XML
2 1 (33.33%) DOM
2 1 (33.33%) JAXB
2 1 (33.33%) FpML
2 1 (33.33%) Hibernate
2 1 (33.33%) Spring
2 1 (33.33%) Apache Commons
2 1 (33.33%) JDBC
Miscellaneous
1 3 (100.00%) Derivative
2 1 (33.33%) Computer Science
2 1 (33.33%) SWIFT
2 1 (33.33%) Foreign Exchange (FX)
2 1 (33.33%) Equities
Operating Systems
1 1 (33.33%) Linux
Processes & Methodologies
1 2 (66.67%) Risk Management
1 2 (66.67%) Analytics
2 1 (33.33%) Performance Tuning
2 1 (33.33%) PRINCE2
2 1 (33.33%) UML
2 1 (33.33%) Data Modelling
2 1 (33.33%) Scrum
2 1 (33.33%) Matrix Management
2 1 (33.33%) Use Case
2 1 (33.33%) Multithreading
2 1 (33.33%) Software Architecture
2 1 (33.33%) Waterfall
2 1 (33.33%) Test Strategy
2 1 (33.33%) Risk Analytics
Programming Languages
1 1 (33.33%) Java
1 1 (33.33%) PL/SQL
1 1 (33.33%) SQL
1 1 (33.33%) Python
Quality Assurance & Compliance
1 1 (33.33%) EMIR
1 1 (33.33%) Dodd-Frank
Vendors
1 1 (33.33%) Microsoft