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This section looks at the demand for Hybrid Derivatives skills across the UK with a comparison to our Miscellaneous category. Included is a guide to the contractor rates offered in IT jobs that have cited Hybrid Derivative over the 3 months to 25 July 2008 with a comparison to the same period last year.

 Hybrid Derivatives
Location
3 months to 25 Jul 2008Same period last year
Rank574-
Rank change on same period last yearNew entry-
Matching contract IT job ads110
As % of all UK contract IT job ads sampled0.015 %0.000 %
As % of the category below0.071 %0.000 %
Daily rates quoted40
Average minimum daily rate£488-
Average daily rate£522-
% change on same period last year-
Average maximum daily rate£556-
UK excluding London average daily rate--
% change on same period last year-
Hourly rates quoted00
Average minimum hourly rate--
Average hourly rate--
% change on same period last year-
Average maximum hourly rate--
UK excluding London average hourly rate--
% change on same period last year-
IT Contractor Job Market, MiscellaneousMiscellaneous
UK
Matching contract IT job ads1552220930
As % of all UK contract IT job ads sampled20.69 %21.18 %
Daily rates quoted57407609
Average minimum daily rate£446£471
Average daily rate£480£505
% change on same period last year-5.00 %
Average maximum daily rate£514£539
UK excluding London average daily rate£352£354
% change on same period last year-0.56 %
Hourly rates quoted13181462
Average minimum hourly rate£22.39£26.69
Average hourly rate£24.40£28.45
% change on same period last year-14.21 %
Average maximum hourly rate£26.42£30.21
UK excluding London average hourly rate£24.44£29.20
% change on same period last year-16.30 %

We calculate average IT contractor rates directly from the figures quoted and do not attempt to derive hourly rates from daily rates or vice versa.

Hybrid Derivative
Demand Trend

The chart provides the 3-month moving total beginning in 2004 of IT contractor jobs citing Hybrid Derivative within the UK as a proportion of the total demand within the Miscellaneous category.

Hybrid Derivative Demand Trend

Hybrid Derivative
Daily Rate Trend

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

Hybrid Derivative Daily Rate Trend

Hybrid Derivative
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Hybrid Derivative within the UK over the 3 months to 25 July 2008.

Hybrid Derivative Daily Rate Histogram

Hybrid Derivative
Top 4 Contract Locations

This section looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Hybrid Derivative within the UK over the 3 months to 25 July 2008. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year. A positive number indicates a relative increase in demand.

LocationRank Change
on Same Period
Last Last
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
LondonNew entry-11£522-
EnglandNew entry-11£522-
City of LondonNew entry-1--
Docklands, LondonNew entry-1£500-

Hybrid Derivative
Top 30 Related IT Skills

For the 6 months to 25 July 2008, IT contractor jobs within the UK citing Hybrid 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 Hybrid Derivative.

139 (100.00 %)Derivative
232 (82.05 %)Foreign Exchange (FX)
330 (76.92 %)Banking
330 (76.92 %)Investment Banking
422 (56.41 %)Market Risk
521 (53.85 %)Front Office
617 (43.59 %)Risk Management
617 (43.59 %)Summit
715 (38.46 %)Finance
715 (38.46 %)Project Management
811 (28.21 %)Credit Derivative
910 (25.64 %)Business Analysis
109 (23.08 %)Java
116 (15.38 %)Risk Assessment
116 (15.38 %)Credit Risk
124 (10.26 %)Migration
124 (10.26 %)SQL
124 (10.26 %)Sybase
124 (10.26 %)Reference Data
133 (7.692 %)Spreadsheet
133 (7.692 %)Transact-SQL
133 (7.692 %)VBA
133 (7.692 %)Oracle
133 (7.692 %)SQL Server
133 (7.692 %)MS Excel
133 (7.692 %)MS Access
133 (7.692 %)Fixed Income
142 (5.128 %)Grid Computing
142 (5.128 %)Swing
142 (5.128 %)J2EE

Hybrid Derivative
Top Related IT Skills by Category

For the 6 months to 25 July 2008, IT contractor jobs within the UK citing Hybrid 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 Hybrid Derivative. Up to 20 skills are shown per category.

IT Contractor Job Market, Application DevelopmentApplication Development
12 (5.128 %)J2EE
12 (5.128 %)JDBC
12 (5.128 %)XML
12 (5.128 %)Swing
12 (5.128 %)Hibernate
21 (2.564 %)Spring
IT Contractor Job Market, ApplicationsApplications
13 (7.692 %)MS Excel
13 (7.692 %)Spreadsheet
IT Contractor Job Market, Business ApplicationsBusiness Applications
117 (43.59 %)Summit
IT Contractor Job Market, Database & Business IntelligenceDatabase & Business Intelligence
14 (10.26 %)Reference Data
23 (7.692 %)SQL Server
23 (7.692 %)MS Access
31 (2.564 %)RDBMS
IT Contractor Job Market, Development ApplicationsDevelopment Applications
12 (5.128 %)Ant
12 (5.128 %)JUnit
IT Contractor Job Market, GeneralGeneral
130 (76.92 %)Banking
130 (76.92 %)Investment Banking
221 (53.85 %)Front Office
315 (38.46 %)Finance
IT Contractor Job Market, Job TitlesJob Titles
120 (51.28 %)Analyst
219 (48.72 %)Business Analyst
311 (28.21 %)Developer
410 (25.64 %)Investment Banking Business Analyst
58 (20.51 %)Java Developer
67 (17.95 %)Summit Business Analyst
75 (12.82 %)Banking Analyst
75 (12.82 %)Banking Business Analyst
75 (12.82 %)Project Manager
84 (10.26 %)Credit Risk Project Manager
93 (7.692 %)Market Risk Business Analyst
93 (7.692 %)VBA Developer
93 (7.692 %)Access Developer
93 (7.692 %)Risk Manager
93 (7.692 %)Market Risk Analyst
102 (5.128 %)Risk Analyst
102 (5.128 %)Market Analyst
111 (2.564 %)C++/Java Developer
111 (2.564 %)Quant Developer
111 (2.564 %)Senior Java Developer
IT Contractor Job Market, MiscellaneousMiscellaneous
139 (100.00 %)Derivative
232 (82.05 %)Foreign Exchange (FX)
322 (56.41 %)Market Risk
411 (28.21 %)Credit Derivative
56 (15.38 %)Credit Risk
63 (7.692 %)Fixed Income
72 (5.128 %)Grid Computing
72 (5.128 %)Interest Rate Derivative
81 (2.564 %)Equities
IT Contractor Job Market, Operating SystemsOperating Systems
11 (2.564 %)UNIX
11 (2.564 %)Linux
IT Contractor Job Market, Processes & MethodologiesProcesses & Methodologies
117 (43.59 %)Risk Management
215 (38.46 %)Project Management
310 (25.64 %)Business Analysis
46 (15.38 %)Risk Assessment
54 (10.26 %)Migration
61 (2.564 %)Agile Software Development
61 (2.564 %)E-Commerce
61 (2.564 %)Validation
IT Contractor Job Market, Programming LanguagesProgramming Languages
19 (23.08 %)Java
24 (10.26 %)SQL
33 (7.692 %)Transact-SQL
33 (7.692 %)VBA
41 (2.564 %)C++
IT Contractor Job Market, VendorsVendors
14 (10.26 %)Sybase
23 (7.692 %)Oracle
31 (2.564 %)Tangosol
31 (2.564 %)DataSynapse
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