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 24 September 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
24 Sep 2016
Same period 2015 Same period 2014
Derivatives
Rank 114 72 83
Rank change year-on-year
-42 +11
Contract jobs citing Derivative 58 131 140
As % of all contract IT jobs located in the City of London 1.70% 2.77% 2.39%
As % of the Miscellaneous category 4.15% 7.04% 6.45%
Number of daily rates quoted 52 108 121
Median daily rate £550 £575 £563
Median daily rate % change year-on-year
-4.34% +2.22%
90% offered a daily rate of more than £450 £450 £425
10% offered a daily rate of more than £675 £700 £625
UK excluding London median daily rate £535 £475 £375
% change year-on-year
+12.63% +26.66%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £20.00 - -
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
1396 1861 2172
As % of all contract IT jobs located in the City of London 40.89% 39.39% 37.03%
Number of daily rates quoted 1097 1473 1561
Median daily rate £475 £475 £470
Median daily rate % change year-on-year
- +1.06%
90% offered a daily rate of more than £324 £289 £300
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 8 31 54
Median hourly rate £17.25 £16.95 £18.50
Median hourly rate % change year-on-year
+1.76% -8.37%
90% offered a hourly rate of more than £12.50 £12.00 £12.10
10% offered a hourly rate of more than £37.01 £24.23 £33.65
UK excluding London median hourly rate £22.00 £19.00 £18.00
% change year-on-year
+15.78% +5.55%

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 24 September 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 24 September 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 97 (62.99%) Finance
2 79 (51.30%) Banking
3 68 (44.16%) Java
4 60 (38.96%) Agile Software Development
5 45 (29.22%) Front Office
6 44 (28.57%) SQL
6 44 (28.57%) TDD
6 44 (28.57%) Maven
7 40 (25.97%) Foreign Exchange (FX)
8 38 (24.68%) BDD
9 37 (24.03%) Equities
10 36 (23.38%) Fixed Income
10 36 (23.38%) Analytical Skills
11 34 (22.08%) Investment Banking
12 32 (20.78%) Equity Derivative
12 32 (20.78%) Unix
13 30 (19.48%) C#
14 28 (18.18%) Oracle
15 25 (16.23%) Risk Management
16 23 (14.94%) Back Office
17 22 (14.29%) Eclipse
17 22 (14.29%) IntelliJ
17 22 (14.29%) Pair Programming
17 22 (14.29%) Mentoring
18 21 (13.64%) User Acceptance Testing
19 15 (9.74%) Tomcat
20 14 (9.09%) Multithreading
21 13 (8.44%) Business Analysis
22 12 (7.79%) Market Risk
22 12 (7.79%) Linux

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 15 (9.74%) Tomcat
2 7 (4.55%) Apache Spark
3 5 (3.25%) Apache
4 4 (2.60%) WebLogic
5 3 (1.95%) Confluence
6 1 (0.65%) Apache Pig
6 1 (0.65%) IIS
6 1 (0.65%) SharePoint
Applications
1 5 (3.25%) Spreadsheet
2 2 (1.30%) MS Excel
2 2 (1.30%) MS Visio
3 1 (0.65%) HipChat
3 1 (0.65%) MS PowerPoint
3 1 (0.65%) MS Project
3 1 (0.65%) Open Workbench
Business Applications
1 3 (1.95%) RMDS
1 3 (1.95%) Sophis RISQUE
2 2 (1.30%) Summit
3 1 (0.65%) Eikon
Cloud Services
1 4 (2.60%) Amazon AWS
2 2 (1.30%) Microsoft Azure
3 1 (0.65%) Amazon EC2
3 1 (0.65%) AWS CloudFormation
3 1 (0.65%) Cloud Computing
Communications & Networking
1 2 (1.30%) TCP/IP
1 2 (1.30%) VPN
2 1 (0.65%) DNS
2 1 (0.65%) Firewall
2 1 (0.65%) HTTP
2 1 (0.65%) Internet
2 1 (0.65%) Intranet
2 1 (0.65%) iSCSI
2 1 (0.65%) LAN
2 1 (0.65%) NAS
2 1 (0.65%) SAN
2 1 (0.65%) SSH
2 1 (0.65%) SSL
2 1 (0.65%) Wi-Fi
Database & Business Intelligence
1 10 (6.49%) Hadoop
1 10 (6.49%) SQL Server
2 8 (5.19%) Apache Cassandra
3 7 (4.55%) Big Data
4 5 (3.25%) Oracle Database
4 5 (3.25%) QlikView
5 4 (2.60%) BusinessObjects
5 4 (2.60%) Data Warehouse
6 3 (1.95%) NoSQL
6 3 (1.95%) SQL Server Integration Services
7 2 (1.30%) Relational Database
7 2 (1.30%) SQL Server Analysis Services
7 2 (1.30%) SQL Server Reporting Services
8 1 (0.65%) Amazon DynamoDB
8 1 (0.65%) Data Mining
8 1 (0.65%) MySQL
8 1 (0.65%) OLAP
8 1 (0.65%) OLTP
8 1 (0.65%) Oracle OLAP
8 1 (0.65%) SQL Server 2005
Development Applications
1 44 (28.57%) Maven
2 22 (14.29%) Eclipse
2 22 (14.29%) IntelliJ
3 7 (4.55%) JIRA
4 5 (3.25%) JMeter
4 5 (3.25%) LoadRunner
5 4 (2.60%) Atlassian Bamboo
5 4 (2.60%) ClearCase
6 3 (1.95%) JUnit
6 3 (1.95%) Team Foundation Server
7 2 (1.30%) HP UFT
7 2 (1.30%) Jenkins
7 2 (1.30%) TeamCity
7 2 (1.30%) TestComplete
8 1 (0.65%) Bower
8 1 (0.65%) Git (software)
8 1 (0.65%) MSBuild
8 1 (0.65%) Octopus Deploy
8 1 (0.65%) Selenium
8 1 (0.65%) SonarQube
General
1 97 (62.99%) Finance
2 79 (51.30%) Banking
3 45 (29.22%) Front Office
4 34 (22.08%) Investment Banking
5 23 (14.94%) Back Office
6 3 (1.95%) Financial Institution
6 3 (1.95%) Retail
7 1 (0.65%) Advertising
7 1 (0.65%) French Language
7 1 (0.65%) Legal
7 1 (0.65%) Marketing
Job Titles
1 77 (50.00%) Developer
2 61 (39.61%) Java Developer
3 49 (31.82%) Analyst
4 39 (25.32%) Senior Developer
5 34 (22.08%) Agile Developer
5 34 (22.08%) Agile Java Developer
6 33 (21.43%) Senior Java Developer
7 25 (16.23%) Business Analyst
8 22 (14.29%) Senior Agile Developer
8 22 (14.29%) Senior Agile Java Developer
9 16 (10.39%) Applications Support
10 10 (6.49%) C# Developer
10 10 (6.49%) Support Analyst
10 10 (6.49%) Test Analyst
11 8 (5.19%) Banking Analyst
11 8 (5.19%) Senior Analyst
12 7 (4.55%) Applications Support Analyst
12 7 (4.55%) Derivatives Business Analyst
13 6 (3.90%) Front Office Developer
13 6 (3.90%) IT Analyst
Libraries, Frameworks & Software Standards
1 11 (7.14%) JMS
2 9 (5.84%) FIX Protocol
2 9 (5.84%) HTML
3 7 (4.55%) AngularJS
3 7 (4.55%) WPF
4 6 (3.90%) .NET
5 5 (3.25%) HTML5
6 4 (2.60%) Django
6 4 (2.60%) FpML
6 4 (2.60%) Spring
6 4 (2.60%) Velocity
6 4 (2.60%) WinForms
6 4 (2.60%) XML
7 3 (1.95%) .NET Framework
7 3 (1.95%) Node.js
7 3 (1.95%) Rendezvous
7 3 (1.95%) WCF
8 2 (1.30%) LAMP
9 1 (0.65%) Middleware
9 1 (0.65%) SOAP
Miscellaneous
1 40 (25.97%) Foreign Exchange (FX)
2 37 (24.03%) Equities
3 36 (23.38%) Analytical Skills
3 36 (23.38%) Fixed Income
4 32 (20.78%) Equity Derivative
5 12 (7.79%) Market Risk
6 11 (7.14%) Credit Derivative
7 7 (4.55%) Data Structures
7 7 (4.55%) OTC Derivatives
8 6 (3.90%) Fintech
9 2 (1.30%) Algorithms
9 2 (1.30%) Computer Science
10 1 (0.65%) Economics
10 1 (0.65%) Grid Computing
10 1 (0.65%) Interest Rate Derivative
10 1 (0.65%) Management Information System
10 1 (0.65%) Mathematics
10 1 (0.65%) Spread Betting
10 1 (0.65%) Swaptions
10 1 (0.65%) Wiki
Operating Systems
1 32 (20.78%) Unix
2 12 (7.79%) Linux
3 6 (3.90%) Windows
4 3 (1.95%) Windows Server
5 1 (0.65%) CentOS
5 1 (0.65%) Debian
5 1 (0.65%) Mac OS X
5 1 (0.65%) Ubuntu
5 1 (0.65%) Windows Server 2012
Processes & Methodologies
1 60 (38.96%) Agile Software Development
2 44 (28.57%) TDD
3 38 (24.68%) BDD
4 25 (16.23%) Risk Management
5 22 (14.29%) Mentoring
5 22 (14.29%) Pair Programming
6 21 (13.64%) User Acceptance Testing
7 14 (9.09%) Multithreading
8 13 (8.44%) Business Analysis
9 11 (7.14%) OO
9 11 (7.14%) Unit Testing
10 10 (6.49%) Electronic Trading
11 9 (5.84%) Analytics
11 9 (5.84%) Manual Testing
11 9 (5.84%) Project Management
11 9 (5.84%) Scrum
12 6 (3.90%) Data Management
12 6 (3.90%) SDLC
13 5 (3.25%) Algorithmic Trading
13 5 (3.25%) Use Case
Programming Languages
1 68 (44.16%) Java
2 44 (28.57%) SQL
3 30 (19.48%) C#
4 11 (7.14%) Python
4 11 (7.14%) VB
5 9 (5.84%) JavaScript
6 8 (5.19%) C++
6 8 (5.19%) PL/SQL
7 7 (4.55%) Haskell
7 7 (4.55%) Scala
8 6 (3.90%) Perl
8 6 (3.90%) VBA
9 4 (2.60%) Bash Shell
9 4 (2.60%) C
9 4 (2.60%) Shell Script
9 4 (2.60%) T-SQL
10 3 (1.95%) PowerShell
10 3 (1.95%) XAML
11 2 (1.30%) VBScript
12 1 (0.65%) Tcl
Qualifications
1 10 (6.49%) Degree
2 2 (1.30%) CFA
3 1 (0.65%) MBA
Quality Assurance & Compliance
1 11 (7.14%) MiFID
2 7 (4.55%) Dodd-Frank
3 6 (3.90%) QA
4 4 (2.60%) EMIR
5 3 (1.95%) SLA
6 2 (1.30%) Basel II
6 2 (1.30%) Basel III
7 1 (0.65%) Data Quality
7 1 (0.65%) Disclosure Scotland
System Software
1 1 (0.65%) Active Directory
1 1 (0.65%) Apache ZooKeeper
1 1 (0.65%) Docker
1 1 (0.65%) HDFS
1 1 (0.65%) VMware ESXi
1 1 (0.65%) VMware Infrastructure
Systems Management
1 6 (3.90%) HP Quality Center
2 5 (3.25%) Control-M
3 4 (2.60%) BladeLogic
4 2 (1.30%) ITRS Geneos
5 1 (0.65%) Ansible
5 1 (0.65%) Nagios
5 1 (0.65%) Opscode Chef
5 1 (0.65%) Puppet
5 1 (0.65%) ZABBIX
Vendors
1 28 (18.18%) Oracle
2 8 (5.19%) Murex
3 5 (3.25%) Atlassian
3 5 (3.25%) Calypso
4 4 (2.60%) Remedy
4 4 (2.60%) Reuters
4 4 (2.60%) Sophis
5 3 (1.95%) TIBCO
6 2 (1.30%) Citrix
6 2 (1.30%) DevExpress
6 2 (1.30%) Fidessa
6 2 (1.30%) HP
6 2 (1.30%) ION Trading
6 2 (1.30%) Microsoft
6 2 (1.30%) Splunk
6 2 (1.30%) Syncfusion
7 1 (0.65%) Cisco
7 1 (0.65%) Dell
7 1 (0.65%) QNAP
7 1 (0.65%) Tradeweb
City, London
TEKsystems
Rate: £475 - £550 per day
Posted: 2 days ago
City, London
Client Server
Rate: £500 - £550 per day
Posted: 3 days ago
City, London
Hatstand Limited
Rate: £450 - £500 per day
Posted: 3 days ago