The table below looks at the prevalence of the term Derivative in contract job vacancies advertised in the North West. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Derivative over the 3 months to 27 March 2017 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

3 months to
27 Mar 2017
Same period 2016 Same period 2015
Derivatives
England / North West
Rank 126 157 149
Rank change year-on-year +31 -8  
Contract jobs citing Derivative 6 1 6
As % of all contract IT jobs advertised in the North West 0.23% 0.026% 0.16%
As % of the Miscellaneous category 0.72% 0.081% 0.55%
Number of daily rates quoted 5 1 4
Median daily rate £500 £500 £294
Median daily rate % change year-on-year - +70.21%  
UK excluding London median daily rate £500 £313 £438
% change year-on-year +60.00% -28.57%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Derivative is in the generic IT skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the North West with a requirement for generic IT skills.

Generic IT Skills
North West
Contract job vacancies with a requirement for generic IT skills 829 1237 1083
As % of all contract IT job vacancies advertised in the North West 32.11% 32.23% 29.73%
Number of daily rates quoted 513 740 572
Median daily rate £375 £386 £400
Median daily rate % change year-on-year -2.91% -3.43%  
90% offered a daily rate of more than £200 £225 £250
10% offered a daily rate of more than £525 £510 £550
UK excluding London median daily rate £395 £375 £375
% change year-on-year +5.33% -  
Number of hourly rates quoted 66 55 67
Median hourly rate £17.25 £23.27 £16.84
Median hourly rate % change year-on-year -25.87% +38.18%  
90% offered a hourly rate of more than £11.33 £13.55 £12.00
10% offered a hourly rate of more than £44.21 £47.39 £49.93
UK excluding London median hourly rate £18.68 £27.75 £18.75
% change year-on-year -32.68% +48.00%  

Derivative
Job Vacancy Trend in the North West

The job posting trend of jobs advertised in the North West citing Derivative as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

Job vacancy trend for Derivative in the North West

Derivative
Contractor Daily Rate Trend in the North West

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Derivative in the North West.

Contractor daily rate trend for Derivative in the North West

Derivative
Contractor Daily Rate Histogram in the North West

The daily rate distribution of IT jobs citing Derivative in the North West over the 3 months to 27 March 2017.

Contractor daily rate histogram for Derivative in the North West

Derivative
Contractor Hourly Rate Trend in the North West

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

Contractor hourly rate trend for Derivative in the North West

Derivative
Contract Job Locations in the North West

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Derivative within the North West region over the 3 months to 27 March 2017. 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 Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Cheshire - 6 £500 -
Derivative
England

Derivative
Top 30 Related IT Skills in the North West

For the 6 months to 27 March 2017, IT contractor jobs citing Derivative also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the North West region with a requirement for Derivative.

1 9 (90.00%) Finance
2 8 (80.00%) OTC Derivatives
2 8 (80.00%) Java
2 8 (80.00%) OO
2 8 (80.00%) Agile Software Development
3 7 (70.00%) TDD
3 7 (70.00%) OOP
3 7 (70.00%) Python
4 6 (60.00%) Unit Testing
5 5 (50.00%) Banking
5 5 (50.00%) Back Office
6 2 (20.00%) MiFID
6 2 (20.00%) GAP Analysis
6 2 (20.00%) Foreign Exchange (FX)
6 2 (20.00%) XML
7 1 (10.00%) Unix
7 1 (10.00%) Linux
7 1 (10.00%) UML
7 1 (10.00%) OOA/OOD
7 1 (10.00%) JBoss
7 1 (10.00%) Apache
7 1 (10.00%) WebSphere MQ
7 1 (10.00%) WebLogic Portal
7 1 (10.00%) WebLogic Integration
7 1 (10.00%) Middleware
7 1 (10.00%) JMS
7 1 (10.00%) SOA
7 1 (10.00%) RDBMS
7 1 (10.00%) IBM
7 1 (10.00%) Perl

Derivative
Top Related IT Skills in the North West by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (10.00%) Apache
1 1 (10.00%) GlassFish
1 1 (10.00%) JBoss
1 1 (10.00%) Oracle SOA Suite
1 1 (10.00%) WebLogic
1 1 (10.00%) WebLogic Integration
1 1 (10.00%) WebLogic Portal
1 1 (10.00%) WebSphere
1 1 (10.00%) WebSphere Application Server
1 1 (10.00%) WebSphere Process Server
Business Applications
1 1 (10.00%) Oracle BPM
Database & Business Intelligence
1 1 (10.00%) DB2
1 1 (10.00%) Oracle Database
1 1 (10.00%) RDBMS
1 1 (10.00%) Relational Database
General
1 9 (90.00%) Finance
2 5 (50.00%) Back Office
2 5 (50.00%) Banking
3 1 (10.00%) Front Office
3 1 (10.00%) Prime Brokerage
Job Titles
1 3 (30.00%) Developer
1 3 (30.00%) Java Developer
2 2 (20.00%) Analyst
2 2 (20.00%) Business Analyst
2 2 (20.00%) Derivatives Business Analyst
2 2 (20.00%) MiFID Business Analyst
2 2 (20.00%) Senior Developer
2 2 (20.00%) Senior Java Developer
3 1 (10.00%) Equity Derivatives Business Analyst
3 1 (10.00%) Finance Business Analyst
3 1 (10.00%) Financial Analyst
3 1 (10.00%) OTC Derivatives Analyst
3 1 (10.00%) OTC Derivatives Business Analyst
Libraries, Frameworks & Software Standards
1 2 (20.00%) XML
2 1 (10.00%) Ajax
2 1 (10.00%) CSS
2 1 (10.00%) Dojo
2 1 (10.00%) EJB
2 1 (10.00%) HTML
2 1 (10.00%) IBM Integration Bus
2 1 (10.00%) J2EE
2 1 (10.00%) JMS
2 1 (10.00%) jQuery
2 1 (10.00%) JSF
2 1 (10.00%) JSP
2 1 (10.00%) Middleware
2 1 (10.00%) Servlets
2 1 (10.00%) SOAP
2 1 (10.00%) Spring
2 1 (10.00%) Struts
2 1 (10.00%) Web Services
2 1 (10.00%) WebSphere MQ
2 1 (10.00%) YUI
Miscellaneous
1 8 (80.00%) OTC Derivatives
2 2 (20.00%) Foreign Exchange (FX)
3 1 (10.00%) Analytical Skills
3 1 (10.00%) Clustering
3 1 (10.00%) DataPower
3 1 (10.00%) Equity Derivative
3 1 (10.00%) Mobile App
Operating Systems
1 1 (10.00%) Linux
1 1 (10.00%) Unix
Processes & Methodologies
1 8 (80.00%) Agile Software Development
1 8 (80.00%) OO
2 7 (70.00%) OOP
2 7 (70.00%) TDD
3 6 (60.00%) Unit Testing
4 2 (20.00%) GAP Analysis
5 1 (10.00%) AOP
5 1 (10.00%) BDD
5 1 (10.00%) BPEL
5 1 (10.00%) Business Activity Monitoring
5 1 (10.00%) Continuous Integration
5 1 (10.00%) Domain-Driven Design
5 1 (10.00%) Inversion of Control
5 1 (10.00%) MVC
5 1 (10.00%) OOA/OOD
5 1 (10.00%) SDLC
5 1 (10.00%) SOA
5 1 (10.00%) SOLID
5 1 (10.00%) UML
5 1 (10.00%) User Acceptance Testing
Programming Languages
1 8 (80.00%) Java
2 7 (70.00%) Python
3 1 (10.00%) Perl
3 1 (10.00%) PL/SQL
3 1 (10.00%) SQL
Quality Assurance & Compliance
1 2 (20.00%) MiFID
2 1 (10.00%) Dodd-Frank
2 1 (10.00%) EMIR
2 1 (10.00%) QA
Vendors
1 1 (10.00%) Google
1 1 (10.00%) IBM
1 1 (10.00%) Kony
1 1 (10.00%) Oracle
1 1 (10.00%) Sybase
1 1 (10.00%) Yahoo!