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 30 January 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
30 Jan 2015
Same period 2014 Same period 2013
Exotic Derivatives
Rank 582 552 525
Rank change year-on-year
-30 -27
Contract jobs citing Exotic Derivative 1 1 14
As % of all contract IT jobs located in the UK 0.002% 0.002% 0.031%
As % of the Miscellaneous category 0.007% 0.007% 0.10%
Number of daily rates quoted 1 1 14
Average daily rate
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£715 £575 £558
Average daily rate % change year-on-year
+24.34% +3.04%
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
15251 14775 13370
As % of all contract IT jobs located in the UK 29.89% 30.68% 29.95%
Number of daily rates quoted 9638 9110 7984
Average daily rate £425 £410 £400
Average daily rate % change year-on-year
+3.65% +2.50%
90% offered a daily rate of more than £248 £230 £238
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £370 £350 £338
% change year-on-year
+5.71% +3.70%
Number of hourly rates quoted 606 589 811
Average hourly rate £18.50 £20.00 £20.00
Average hourly rate % change year-on-year
-7.50% -
90% offered a hourly rate of more than £11.17 £11.69 £11.73
10% offered a hourly rate of more than £42.50 £42.50 £40.78
UK excluding London average hourly rate £18.00 £17.50 £20.00
% change year-on-year
+2.85% -12.50%

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 5 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 30 January 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
London -5 1 £715 +24.34%
England -18 1 £715 +24.34%
Scotland - - - -
City of London - - - -
Edinburgh - - - -

Exotic Derivative
Top 18 Related IT Skills

For the 6 months to 30 January 2015, 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 2 (100.00%) Front Office
1 2 (100.00%) Derivative
1 2 (100.00%) C++
2 1 (50.00%) Java
2 1 (50.00%) .NET
2 1 (50.00%) OO
2 1 (50.00%) Python
2 1 (50.00%) Foreign Exchange (FX)
2 1 (50.00%) C#
2 1 (50.00%) DataSynapse
2 1 (50.00%) Multithreading
2 1 (50.00%) Monte Carlo Method
2 1 (50.00%) Software Architecture
2 1 (50.00%) Analytics
2 1 (50.00%) Platform Symphony
2 1 (50.00%) Risk Management
2 1 (50.00%) Grid Computing
2 1 (50.00%) Agile Software Development

Exotic Derivative
Top Related IT Skills by Category

For the 6 months to 30 January 2015, 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.

General
1 2 (100.00%) Front Office
Job Titles
1 2 (100.00%) Developer
2 1 (50.00%) C++/Java Developer
2 1 (50.00%) Java Developer
2 1 (50.00%) C++ Developer
2 1 (50.00%) C# Developer
2 1 (50.00%) Quantitative Developer
2 1 (50.00%) Python Developer
Libraries, Frameworks & Software Standards
1 1 (50.00%) .NET
Miscellaneous
1 2 (100.00%) Derivative
2 1 (50.00%) Foreign Exchange (FX)
2 1 (50.00%) Grid Computing
Processes & Methodologies
1 1 (50.00%) OO
1 1 (50.00%) Multithreading
1 1 (50.00%) Monte Carlo Method
1 1 (50.00%) Software Architecture
1 1 (50.00%) Analytics
1 1 (50.00%) Risk Management
1 1 (50.00%) Agile Software Development
Programming Languages
1 2 (100.00%) C++
2 1 (50.00%) Java
2 1 (50.00%) Python
2 1 (50.00%) C#
System Software
1 1 (50.00%) Platform Symphony
Vendors
1 1 (50.00%) DataSynapse