The table below looks at the prevalence of the term Derivative in IT contracts advertised for the City of London region. Included is a guide to the contractor rates offered in IT contracts that have cited Derivative over the 3 months to 4 December 2016 with a comparison to the same period over 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.

3 months to
4 Dec 2016
Same period 2015 Same period 2014
Derivatives
Rank 80 52 58
Rank change year-on-year
-28 +6
Contract jobs citing Derivative 92 125 196
As % of all contract IT jobs located in the City of London 2.89% 3.60% 3.36%
As % of the Miscellaneous category 7.12% 9.00% 8.91%
Number of daily rates quoted 77 98 171
Median daily rate £600 £580 £550
Median daily rate % change year-on-year
+3.44% +5.45%
90% offered a daily rate of more than £500 £450 £425
10% offered a daily rate of more than £700 £683 £650
UK excluding London median daily rate £420 £463 £350
% change year-on-year
-9.18% +32.14%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £12.50 - £28.69
Derivative
London

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the City of London region.

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
1292 1389 2199
As % of all contract IT jobs located in the City of London 40.64% 40.05% 37.64%
Number of daily rates quoted 973 1068 1707
Median daily rate £505 £500 £450
Median daily rate % change year-on-year
+1.00% +11.11%
90% offered a daily rate of more than £338 £300 £275
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £378 £385 £363
% change year-on-year
-1.94% +6.20%
Number of hourly rates quoted 19 20 38
Median hourly rate £19.00 £20.00 £15.50
Median hourly rate % change year-on-year
-5.00% +29.03%
90% offered a hourly rate of more than £13.70 £12.90 £11.60
10% offered a hourly rate of more than £55.00 £28.95 £22.20
UK excluding London median hourly rate £18.75 £20.00 £16.74
% change year-on-year
-6.25% +19.51%

Derivative
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Derivative as a proportion of all IT contracts with a match in the Miscellaneous category.

Derivative Jobs Demand Trend in the City of London

Derivative
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Derivative across the City of London region.

Derivative Daily Rate Trend in the City of London

Derivative
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Derivative across the City of London region over the 3 months to 4 December 2016.

Derivative Daily Rate Histogram in the City of London

Derivative
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Derivative across the City of London region.

Derivative Hourly Rate Trend in the City of London

Derivative
Top 30 Related IT Skills in the City of London

For the 6 months to 4 December 2016, 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 City of London region with a requirement for Derivative.

1 82 (53.59%) Finance
2 74 (48.37%) Front Office
3 68 (44.44%) Banking
4 58 (37.91%) Foreign Exchange (FX)
5 54 (35.29%) Agile Software Development
6 51 (33.33%) Java
7 49 (32.03%) Investment Banking
8 48 (31.37%) Equities
9 43 (28.10%) Fixed Income
10 39 (25.49%) SQL
11 35 (22.88%) Equity Derivative
12 28 (18.30%) Risk Management
13 27 (17.65%) Back Office
14 26 (16.99%) C#
14 26 (16.99%) Multithreading
15 21 (13.73%) Unix
16 20 (13.07%) Credit Derivative
17 19 (12.42%) TDD
18 18 (11.76%) Market Risk
18 18 (11.76%) Scala
19 17 (11.11%) Analytics
19 17 (11.11%) User Acceptance Testing
20 16 (10.46%) Scrum
20 16 (10.46%) Business Analysis
20 16 (10.46%) Hadoop
20 16 (10.46%) Apache Spark
21 15 (9.80%) Electronic Trading
21 15 (9.80%) Degree
21 15 (9.80%) Murex
22 14 (9.15%) Oracle

Derivative
Top Related IT Skills in the City of London 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 16 (10.46%) Apache Spark
2 3 (1.96%) Apache Pig
2 3 (1.96%) IIS
3 2 (1.31%) Apache
3 2 (1.31%) Confluence
3 2 (1.31%) Tomcat
3 2 (1.31%) WebLogic
4 1 (0.65%) Oracle Workflow
4 1 (0.65%) SharePoint
Applications
1 3 (1.96%) MS Excel
1 3 (1.96%) Spreadsheet
2 2 (1.31%) MS Visio
3 1 (0.65%) MS PowerPoint
Business Applications
1 5 (3.27%) RMDS
1 5 (3.27%) Sophis RISQUE
2 3 (1.96%) Summit
3 2 (1.31%) Global One
3 2 (1.31%) Minerva
3 2 (1.31%) Sentinel
3 2 (1.31%) Tesseract
4 1 (0.65%) Orchestrade
Cloud Services
1 2 (1.31%) Amazon AWS
1 2 (1.31%) Microsoft Azure
2 1 (0.65%) Cloud Computing
Communications & Networking
1 1 (0.65%) DNS
1 1 (0.65%) Intranet
1 1 (0.65%) TCP/IP
1 1 (0.65%) VPN
Database & Business Intelligence
1 16 (10.46%) Hadoop
2 12 (7.84%) Big Data
3 11 (7.19%) Apache Cassandra
3 11 (7.19%) SQL Server
4 9 (5.88%) Data Warehouse
5 5 (3.27%) SQL Server Integration Services
6 4 (2.61%) SQL Server 2012
6 4 (2.61%) SSDT
7 3 (1.96%) Data Lake
7 3 (1.96%) NoSQL
8 2 (1.31%) BusinessObjects
8 2 (1.31%) QlikView
9 1 (0.65%) Data Mart
9 1 (0.65%) OLAP
9 1 (0.65%) OLTP
9 1 (0.65%) Oracle OLAP
9 1 (0.65%) SQL Server 2005
9 1 (0.65%) SQL Server 2008
9 1 (0.65%) SQL Server Analysis Services
9 1 (0.65%) SQL Server Reporting Services
Development Applications
1 10 (6.54%) Maven
2 8 (5.23%) JUnit
3 6 (3.92%) Subversion
3 6 (3.92%) Team Foundation Server
4 5 (3.27%) Eclipse
4 5 (3.27%) IntelliJ
5 3 (1.96%) Build Forge
5 3 (1.96%) CruiseControl
5 3 (1.96%) EasyMock
5 3 (1.96%) Git (software)
5 3 (1.96%) Hudson
5 3 (1.96%) Jenkins
5 3 (1.96%) JIRA
5 3 (1.96%) Mockito
6 2 (1.31%) Atlassian Bamboo
6 2 (1.31%) ClearCase
6 2 (1.31%) HP UFT
6 2 (1.31%) TeamCity
6 2 (1.31%) TestComplete
7 1 (0.65%) Selenium
General
1 82 (53.59%) Finance
2 74 (48.37%) Front Office
3 68 (44.44%) Banking
4 49 (32.03%) Investment Banking
5 27 (17.65%) Back Office
6 9 (5.88%) Financial Institution
7 1 (0.65%) Legal
7 1 (0.65%) Marketing
7 1 (0.65%) Publishing
7 1 (0.65%) Retail
Job Titles
1 72 (47.06%) Developer
2 53 (34.64%) Analyst
3 46 (30.07%) Java Developer
4 35 (22.88%) Business Analyst
5 25 (16.34%) Senior Developer
6 22 (14.38%) Senior Java Developer
7 15 (9.80%) Front Office Developer
8 13 (8.50%) Applications Support
8 13 (8.50%) Derivatives Business Analyst
9 10 (6.54%) Market Risk Developer
9 10 (6.54%) Market Risk Java Developer
10 9 (5.88%) Agile Developer
10 9 (5.88%) Agile Java Developer
10 9 (5.88%) Senior Market Risk Java Developer
11 8 (5.23%) C# Developer
11 8 (5.23%) Murex Analyst
11 8 (5.23%) Risk Analyst
11 8 (5.23%) Senior Analyst
12 7 (4.58%) Scala Developer
12 7 (4.58%) Test Analyst
Libraries, Frameworks & Software Standards
1 10 (6.54%) .NET
1 10 (6.54%) HTML
2 8 (5.23%) HTML5
2 8 (5.23%) WPF
3 7 (4.58%) AngularJS
3 7 (4.58%) FIX Protocol
3 7 (4.58%) JMS
4 5 (3.27%) .NET Framework
4 5 (3.27%) Rendezvous
4 5 (3.27%) Spring
5 4 (2.61%) CSS
5 4 (2.61%) CSS3
5 4 (2.61%) XML
6 3 (1.96%) Hibernate
6 3 (1.96%) J2EE
6 3 (1.96%) JSP
6 3 (1.96%) Middleware
6 3 (1.96%) REST
6 3 (1.96%) TIBCO EMS
6 3 (1.96%) Web Services
Miscellaneous
1 58 (37.91%) Foreign Exchange (FX)
2 48 (31.37%) Equities
3 43 (28.10%) Fixed Income
4 35 (22.88%) Equity Derivative
5 20 (13.07%) Credit Derivative
6 18 (11.76%) Market Risk
7 14 (9.15%) OTC Derivatives
8 9 (5.88%) Analytical Skills
8 9 (5.88%) Mathematics
9 8 (5.23%) Computer Science
10 7 (4.58%) Fintech
11 5 (3.27%) Hedge funds
12 4 (2.61%) Grid Computing
12 4 (2.61%) Physics
13 3 (1.96%) Inversion of Control
14 2 (1.31%) Management Information System
14 2 (1.31%) Virtual Team
15 1 (0.65%) Spread Betting
15 1 (0.65%) Swaptions
15 1 (0.65%) Wiki
Operating Systems
1 21 (13.73%) Unix
2 12 (7.84%) Linux
3 7 (4.58%) Windows
4 3 (1.96%) Windows Server
5 1 (0.65%) Solaris
Processes & Methodologies
1 54 (35.29%) Agile Software Development
2 28 (18.30%) Risk Management
3 26 (16.99%) Multithreading
4 19 (12.42%) TDD
5 17 (11.11%) Analytics
5 17 (11.11%) User Acceptance Testing
6 16 (10.46%) Business Analysis
6 16 (10.46%) Scrum
7 15 (9.80%) Electronic Trading
8 11 (7.19%) BDD
9 10 (6.54%) Migration
9 10 (6.54%) OO
9 10 (6.54%) Workflow
10 9 (5.88%) Concurrent Programming
10 9 (5.88%) Regression Testing
10 9 (5.88%) SDLC
11 8 (5.23%) Asset Management
11 8 (5.23%) Change Management
11 8 (5.23%) Continuous Integration
11 8 (5.23%) Test Scripting
Programming Languages
1 51 (33.33%) Java
2 39 (25.49%) SQL
3 26 (16.99%) C#
4 18 (11.76%) Scala
5 13 (8.50%) Haskell
6 12 (7.84%) Python
7 10 (6.54%) JavaScript
8 9 (5.88%) PowerShell
9 7 (4.58%) C++
10 6 (3.92%) C
10 6 (3.92%) PL/SQL
10 6 (3.92%) T-SQL
10 6 (3.92%) VBA
11 5 (3.27%) Bash Shell
12 4 (2.61%) TypeScript
12 4 (2.61%) VB
13 3 (1.96%) Perl
13 3 (1.96%) VBScript
13 3 (1.96%) XAML
14 2 (1.31%) Shell Script
Qualifications
1 15 (9.80%) Degree
2 2 (1.31%) CFA
3 1 (0.65%) MBA
Quality Assurance & Compliance
1 11 (7.19%) MiFID
2 8 (5.23%) QA
3 6 (3.92%) Dodd-Frank
4 4 (2.61%) EMIR
5 3 (1.96%) Basel III
6 2 (1.31%) Basel II
7 1 (0.65%) SLA
System Software
1 3 (1.96%) Docker
Systems Management
1 4 (2.61%) Control-M
2 2 (1.31%) BladeLogic
3 1 (0.65%) Ansible
3 1 (0.65%) HP Quality Center
3 1 (0.65%) Nagios
3 1 (0.65%) Opscode Chef
3 1 (0.65%) Puppet
Vendors
1 15 (9.80%) Murex
2 14 (9.15%) Oracle
3 8 (5.23%) TIBCO
4 6 (3.92%) Reuters
4 6 (3.92%) Sophis
5 5 (3.27%) Atlassian
5 5 (3.27%) SmartStream
6 4 (2.61%) Calypso
7 3 (1.96%) Citrix
7 3 (1.96%) Microsoft
8 2 (1.31%) Fidessa
8 2 (1.31%) ION Trading
8 2 (1.31%) Remedy
8 2 (1.31%) Splunk
9 1 (0.65%) Bloomberg
9 1 (0.65%) DevExpress
9 1 (0.65%) HP
9 1 (0.65%) Syncfusion
9 1 (0.65%) Tradeweb
City, London
McGregor Boyall
Rate: £600 - £700 per day
Posted: 4 days ago
City, London
E-synergy Solutions
Rate: £550 - £600 per annum
Posted: 3 days ago
City, London
McGregor Boyall
Rate: £600 - £750 per day
Posted: 6 days ago
City, London
ANSON MCCADE
Rate: £300 p/day
Posted: 4 days ago
City, London
ANSON MCCADE
Rate: £300 per day
Posted: 2 days ago