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 21 January 2017 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
21 Jan 2017
Same period 2016 Same period 2015
Derivatives
London / City of London
Rank 71 45 39
Rank change year-on-year
-26 -6
Contract jobs citing Derivative 87 122 220
As % of all contract IT jobs located in the City of London 3.01% 3.97% 4.30%
As % of the Miscellaneous category 7.81% 9.90% 11.10%
Number of daily rates quoted 76 103 197
Median daily rate £600 £600 £550
Median daily rate % change year-on-year
- +9.09%
90% offered a daily rate of more than £510 £430 £450
10% offered a daily rate of more than £700 £700 £650
UK excluding London median daily rate £500 £313 £421
% change year-on-year
+60.00% -25.81%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
1114 1232 1982
As % of all contract IT jobs located in the City of London 38.49% 40.09% 38.73%
Number of daily rates quoted 838 936 1561
Median daily rate £500 £500 £470
Median daily rate % change year-on-year
- +6.38%
90% offered a daily rate of more than £325 £300 £300
10% offered a daily rate of more than £650 £650 £625
UK excluding London median daily rate £390 £375 £366
% change year-on-year
+4.00% +2.45%
Number of hourly rates quoted 9 21 26
Median hourly rate £22.13 £20.00 £17.50
Median hourly rate % change year-on-year
+10.62% +14.28%
90% offered a hourly rate of more than £16.15 £13.20 £13.32
10% offered a hourly rate of more than £55.00 £35.04 £23.50
UK excluding London median hourly rate £19.30 £21.50 £17.50
% change year-on-year
-10.22% +22.85%

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 21 January 2017.

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 21 January 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 City of London region with a requirement for Derivative.

1 85 (53.46%) Front Office
2 81 (50.94%) Finance
3 74 (46.54%) Banking
4 63 (39.62%) Foreign Exchange (FX)
5 55 (34.59%) Agile Software Development
5 55 (34.59%) Investment Banking
6 48 (30.19%) Equities
7 46 (28.93%) Java
8 44 (27.67%) Fixed Income
9 36 (22.64%) SQL
10 33 (20.75%) Multithreading
11 31 (19.50%) Equity Derivative
12 23 (14.47%) Risk Management
13 22 (13.84%) C#
14 21 (13.21%) Back Office
14 21 (13.21%) Analytics
15 20 (12.58%) Business Analysis
15 20 (12.58%) Electronic Trading
15 20 (12.58%) Market Risk
15 20 (12.58%) Scala
16 19 (11.95%) MiFID
17 18 (11.32%) Scrum
17 18 (11.32%) Unix
17 18 (11.32%) Murex
18 17 (10.69%) Credit Derivative
18 17 (10.69%) Hadoop
18 17 (10.69%) User Acceptance Testing
18 17 (10.69%) Apache Spark
19 16 (10.06%) OTC Derivatives
20 14 (8.81%) Big Data

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 17 (10.69%) Apache Spark
2 6 (3.77%) Apache Pig
3 2 (1.26%) Confluence
3 2 (1.26%) IIS
4 1 (0.63%) Oracle Workflow
Applications
1 2 (1.26%) MS Visio
2 1 (0.63%) MS Excel
2 1 (0.63%) MS PowerPoint
Business Applications
1 6 (3.77%) RMDS
1 6 (3.77%) Summit
2 2 (1.26%) Global One
2 2 (1.26%) Minerva
2 2 (1.26%) Sentinel
2 2 (1.26%) Sophis RISQUE
2 2 (1.26%) Tesseract
3 1 (0.63%) Orchestrade
Cloud Services
1 1 (0.63%) Amazon AWS
1 1 (0.63%) Microsoft Azure
Database & Business Intelligence
1 17 (10.69%) Hadoop
2 14 (8.81%) Big Data
3 12 (7.55%) Apache Cassandra
4 10 (6.29%) Data Warehouse
5 9 (5.66%) SQL Server
6 5 (3.14%) Data Lake
6 5 (3.14%) SQL Server Integration Services
7 4 (2.52%) NoSQL
7 4 (2.52%) SQL Server 2012
7 4 (2.52%) SSDT
8 2 (1.26%) HBase
9 1 (0.63%) Apache Hive
9 1 (0.63%) Data Mart
9 1 (0.63%) Oracle Exadata
9 1 (0.63%) Oracle OLAP
9 1 (0.63%) SQL Server 2005
9 1 (0.63%) SQL Server 2008
9 1 (0.63%) SQL Server 2014
9 1 (0.63%) SQL Server Analysis Services
9 1 (0.63%) SQL Server Reporting Services
Development Applications
1 8 (5.03%) JUnit
2 6 (3.77%) Subversion
3 4 (2.52%) Maven
3 4 (2.52%) Team Foundation Server
4 3 (1.89%) Build Forge
4 3 (1.89%) CruiseControl
4 3 (1.89%) EasyMock
4 3 (1.89%) Eclipse
4 3 (1.89%) Hudson
4 3 (1.89%) IntelliJ
4 3 (1.89%) Jenkins
4 3 (1.89%) Mockito
5 2 (1.26%) Git (software)
5 2 (1.26%) JIRA
6 1 (0.63%) HP UFT
6 1 (0.63%) TestComplete
General
1 85 (53.46%) Front Office
2 81 (50.94%) Finance
3 74 (46.54%) Banking
4 55 (34.59%) Investment Banking
5 21 (13.21%) Back Office
6 7 (4.40%) Financial Institution
7 2 (1.26%) Legal
8 1 (0.63%) Advertising
8 1 (0.63%) French Language
8 1 (0.63%) Publishing
Job Titles
1 73 (45.91%) Developer
2 59 (37.11%) Analyst
3 44 (27.67%) Business Analyst
4 41 (25.79%) Java Developer
5 25 (15.72%) Senior Developer
6 21 (13.21%) Front Office Developer
7 19 (11.95%) Senior Java Developer
8 15 (9.43%) Derivatives Business Analyst
9 12 (7.55%) Market Risk Developer
9 12 (7.55%) Market Risk Java Developer
10 11 (6.92%) MiFID Business Analyst
10 11 (6.92%) Senior Market Risk Java Developer
11 9 (5.66%) IT Business Analyst
11 9 (5.66%) Test Analyst
12 8 (5.03%) Murex Analyst
12 8 (5.03%) Senior Analyst
13 7 (4.40%) Applications Support
13 7 (4.40%) Business IT Analyst
13 7 (4.40%) C# Developer
13 7 (4.40%) Risk Analyst
Libraries, Frameworks & Software Standards
1 13 (8.18%) .NET
2 12 (7.55%) HTML
3 11 (6.92%) HTML5
4 7 (4.40%) FIX Protocol
4 7 (4.40%) WPF
5 6 (3.77%) AngularJS
6 5 (3.14%) CSS
6 5 (3.14%) Rendezvous
6 5 (3.14%) XML
7 4 (2.52%) .NET Framework
7 4 (2.52%) CSS3
7 4 (2.52%) FpML
7 4 (2.52%) JMS
8 3 (1.89%) Boost C++ Libraries
8 3 (1.89%) JPA
8 3 (1.89%) JSON
8 3 (1.89%) JSP
8 3 (1.89%) REST
8 3 (1.89%) Spring
8 3 (1.89%) TIBCO EMS
Miscellaneous
1 63 (39.62%) Foreign Exchange (FX)
2 48 (30.19%) Equities
3 44 (27.67%) Fixed Income
4 31 (19.50%) Equity Derivative
5 20 (12.58%) Market Risk
6 17 (10.69%) Credit Derivative
7 16 (10.06%) OTC Derivatives
8 12 (7.55%) Mathematics
9 8 (5.03%) Computer Science
9 8 (5.03%) Fintech
10 5 (3.14%) Analytical Skills
10 5 (3.14%) Hedge funds
10 5 (3.14%) Physics
11 3 (1.89%) Grid Computing
11 3 (1.89%) Inversion of Control
12 2 (1.26%) Data Structures
12 2 (1.26%) Economics
12 2 (1.26%) Interest Rate Derivative
12 2 (1.26%) Management Information System
12 2 (1.26%) Virtual Team
Operating Systems
1 18 (11.32%) Unix
2 13 (8.18%) Linux
3 5 (3.14%) Windows
4 2 (1.26%) Windows Server
5 1 (0.63%) Solaris
Processes & Methodologies
1 55 (34.59%) Agile Software Development
2 33 (20.75%) Multithreading
3 23 (14.47%) Risk Management
4 21 (13.21%) Analytics
5 20 (12.58%) Business Analysis
5 20 (12.58%) Electronic Trading
6 18 (11.32%) Scrum
7 17 (10.69%) User Acceptance Testing
8 14 (8.81%) TDD
9 12 (7.55%) Migration
10 11 (6.92%) Asset Management
10 11 (6.92%) Concurrent Programming
10 11 (6.92%) GAP Analysis
10 11 (6.92%) Test Scripting
11 10 (6.29%) Continuous Integration
12 9 (5.66%) Change Management
12 9 (5.66%) Regression Testing
12 9 (5.66%) Workflow
13 8 (5.03%) Data Management
13 8 (5.03%) OO
Programming Languages
1 46 (28.93%) Java
2 36 (22.64%) SQL
3 22 (13.84%) C#
4 20 (12.58%) Scala
5 13 (8.18%) Haskell
6 10 (6.29%) JavaScript
6 10 (6.29%) Python
7 9 (5.66%) C++
8 8 (5.03%) PowerShell
9 6 (3.77%) C
9 6 (3.77%) T-SQL
10 5 (3.14%) TypeScript
11 4 (2.52%) Bash Shell
12 3 (1.89%) Perl
12 3 (1.89%) VBA
13 2 (1.26%) VBScript
14 1 (0.63%) Korn
14 1 (0.63%) PL/SQL
14 1 (0.63%) Shell Script
14 1 (0.63%) VC++
Qualifications
1 13 (8.18%) Degree
2 2 (1.26%) CFA
3 1 (0.63%) MBA
Quality Assurance & Compliance
1 19 (11.95%) MiFID
2 8 (5.03%) QA
3 6 (3.77%) Dodd-Frank
4 5 (3.14%) EMIR
5 3 (1.89%) Basel III
6 2 (1.26%) Basel II
7 1 (0.63%) FATCA
System Software
1 2 (1.26%) Docker
2 1 (0.63%) Apache ZooKeeper
2 1 (0.63%) HDFS
Systems Management
1 2 (1.26%) Control-M
2 1 (0.63%) HP Quality Center
Vendors
1 18 (11.32%) Murex
2 9 (5.66%) Oracle
3 8 (5.03%) TIBCO
4 6 (3.77%) Reuters
5 5 (3.14%) SmartStream
6 4 (2.52%) Calypso
6 4 (2.52%) Microsoft
7 3 (1.89%) Charles River
7 3 (1.89%) Sophis
8 2 (1.26%) Atlassian
8 2 (1.26%) Fidessa
8 2 (1.26%) ION Trading
9 1 (0.63%) Bloomberg
9 1 (0.63%) Citrix
9 1 (0.63%) DevExpress
9 1 (0.63%) HP
9 1 (0.63%) Splunk
9 1 (0.63%) Syncfusion
City, London
TEKsystems
Rate: £600 - £650 per day
Posted: Yesterday
City, London
Pioneer Search
Rate: £600 - £900 per day
Posted: 2 days ago
City, London
Reed Technology
Rate: £600 per day
Posted: 2 days ago
City, London
Oliver James Associates
Rate: £500 - £750 per day
Posted: 3 days ago
City, London
TEKsystems
Rate: £600 - £650 per day
Posted: 4 days ago
City, London
Haysfm
Rate: £500.00 - £550.00 per day
Posted: 5 days ago