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 19 February 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
19 Feb 2017
Same period 2016 Same period 2015
Derivatives
London / City of London
Rank 75 41 51
Rank change year-on-year
-34 +10
Contract jobs citing Derivative 72 136 197
As % of all contract IT jobs located in the City of London 2.47% 4.26% 3.82%
As % of the Miscellaneous category 6.60% 10.63% 9.76%
Number of daily rates quoted 58 119 178
Median daily rate £600 £600 £550
Median daily rate % change year-on-year
- +9.09%
90% offered a daily rate of more than £500 £437 £450
10% offered a daily rate of more than £708 £700 £675
UK excluding London median daily rate £500 £325 £475
% change year-on-year
+53.84% -31.57%
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
1091 1280 2018
As % of all contract IT jobs located in the City of London 37.43% 40.13% 39.09%
Number of daily rates quoted 827 990 1586
Median daily rate £500 £500 £470
Median daily rate % change year-on-year
- +6.38%
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £650 £675 £625
UK excluding London median daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 8 30 33
Median hourly rate £19.00 £19.75 £17.87
Median hourly rate % change year-on-year
-3.77% +10.52%
90% offered a hourly rate of more than £15.27 £12.00 £13.25
10% offered a hourly rate of more than £55.00 £31.68 £27.37
UK excluding London median hourly rate £17.50 £22.50 £17.50
% change year-on-year
-22.22% +28.57%

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 19 February 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 19 February 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 88 (55.00%) Front Office
2 75 (46.88%) Finance
3 70 (43.75%) Banking
4 66 (41.25%) Foreign Exchange (FX)
5 57 (35.63%) Agile Software Development
6 51 (31.88%) Investment Banking
7 49 (30.63%) Fixed Income
7 49 (30.63%) Java
8 48 (30.00%) Equities
9 34 (21.25%) SQL
10 29 (18.13%) Equity Derivative
10 29 (18.13%) Multithreading
11 26 (16.25%) MiFID
12 22 (13.75%) Analytics
13 21 (13.13%) Risk Management
13 21 (13.13%) Electronic Trading
14 20 (12.50%) Business Analysis
14 20 (12.50%) Back Office
14 20 (12.50%) C#
15 19 (11.88%) Scrum
15 19 (11.88%) Scala
16 18 (11.25%) Market Risk
16 18 (11.25%) Credit Derivative
16 18 (11.25%) Murex
17 17 (10.63%) Unix
17 17 (10.63%) Degree
17 17 (10.63%) User Acceptance Testing
17 17 (10.63%) Hadoop
18 15 (9.38%) HTML
18 15 (9.38%) Apache Spark

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 (9.38%) Apache Spark
2 6 (3.75%) Apache Pig
3 3 (1.88%) Confluence
4 2 (1.25%) Elasticsearch
4 2 (1.25%) IIS
5 1 (0.63%) Oracle Workflow
Applications
1 1 (0.63%) MS Excel
1 1 (0.63%) MS PowerPoint
1 1 (0.63%) MS Visio
Business Applications
1 6 (3.75%) Summit
2 5 (3.13%) RMDS
3 2 (1.25%) Global One
3 2 (1.25%) Minerva
3 2 (1.25%) Sentinel
3 2 (1.25%) Sophis RISQUE
3 2 (1.25%) Tesseract
4 1 (0.63%) Orchestrade
Database & Business Intelligence
1 17 (10.63%) Hadoop
2 12 (7.50%) Big Data
3 10 (6.25%) Apache Cassandra
3 10 (6.25%) Data Warehouse
4 5 (3.13%) Data Lake
4 5 (3.13%) SQL Server
5 4 (2.50%) NoSQL
5 4 (2.50%) SQL Server 2012
5 4 (2.50%) SQL Server Integration Services
5 4 (2.50%) SSDT
6 2 (1.25%) HBase
7 1 (0.63%) Apache Hive
7 1 (0.63%) Data Mart
7 1 (0.63%) Data Mining
7 1 (0.63%) Hazelcast
7 1 (0.63%) MS Access
7 1 (0.63%) Oracle Database
7 1 (0.63%) SQLPlus
Development Applications
1 7 (4.38%) JUnit
1 7 (4.38%) Subversion
2 5 (3.13%) JIRA
3 4 (2.50%) Team Foundation Server
4 3 (1.88%) Build Forge
4 3 (1.88%) CruiseControl
4 3 (1.88%) EasyMock
4 3 (1.88%) Eclipse
4 3 (1.88%) Hudson
4 3 (1.88%) IntelliJ
4 3 (1.88%) Jenkins
4 3 (1.88%) Maven
4 3 (1.88%) Mockito
5 2 (1.25%) Git (software)
5 2 (1.25%) webpack
6 1 (0.63%) ERwin
6 1 (0.63%) TeamCity
General
1 88 (55.00%) Front Office
2 75 (46.88%) Finance
3 70 (43.75%) Banking
4 51 (31.88%) Investment Banking
5 20 (12.50%) Back Office
6 6 (3.75%) Financial Institution
7 2 (1.25%) Legal
8 1 (0.63%) Advertising
8 1 (0.63%) French Language
8 1 (0.63%) Publishing
Job Titles
1 76 (47.50%) Developer
2 60 (37.50%) Analyst
3 46 (28.75%) Business Analyst
4 41 (25.63%) Java Developer
5 22 (13.75%) Senior Developer
6 21 (13.13%) Front Office Developer
7 17 (10.63%) Senior Java Developer
8 15 (9.38%) Derivatives Business Analyst
9 13 (8.13%) MiFID Business Analyst
10 10 (6.25%) Market Risk Developer
10 10 (6.25%) Market Risk Java Developer
11 9 (5.63%) Senior Analyst
11 9 (5.63%) Senior Market Risk Java Developer
12 8 (5.00%) IT Business Analyst
12 8 (5.00%) Murex Analyst
12 8 (5.00%) Test Analyst
13 7 (4.38%) C# Developer
13 7 (4.38%) JavaScript Developer
13 7 (4.38%) Risk Analyst
13 7 (4.38%) Risk Business Analyst
Libraries, Frameworks & Software Standards
1 15 (9.38%) HTML
2 14 (8.75%) .NET
2 14 (8.75%) HTML5
3 9 (5.63%) AngularJS
4 7 (4.38%) FIX Protocol
4 7 (4.38%) WPF
5 6 (3.75%) XML
6 5 (3.13%) CSS
6 5 (3.13%) FpML
6 5 (3.13%) Middleware
6 5 (3.13%) Spring
7 4 (2.50%) .NET Framework
7 4 (2.50%) CSS3
7 4 (2.50%) Rendezvous
8 3 (1.88%) Boost C++ Libraries
8 3 (1.88%) JMS
8 3 (1.88%) JPA
8 3 (1.88%) React
8 3 (1.88%) REST
8 3 (1.88%) Web Services
Miscellaneous
1 66 (41.25%) Foreign Exchange (FX)
2 49 (30.63%) Fixed Income
3 48 (30.00%) Equities
4 29 (18.13%) Equity Derivative
5 18 (11.25%) Credit Derivative
5 18 (11.25%) Market Risk
6 14 (8.75%) Mathematics
6 14 (8.75%) OTC Derivatives
7 11 (6.88%) Computer Science
8 8 (5.00%) Analytical Skills
9 6 (3.75%) Fintech
10 5 (3.13%) Hedge funds
10 5 (3.13%) Physics
11 3 (1.88%) Credit Risk
11 3 (1.88%) Grid Computing
11 3 (1.88%) Inversion of Control
11 3 (1.88%) Virtual Team
12 2 (1.25%) Data Structures
12 2 (1.25%) Economics
12 2 (1.25%) Interest Rate Derivative
Operating Systems
1 17 (10.63%) Unix
2 13 (8.13%) Linux
3 4 (2.50%) Windows
4 2 (1.25%) Windows Server
5 1 (0.63%) Solaris
Processes & Methodologies
1 57 (35.63%) Agile Software Development
2 29 (18.13%) Multithreading
3 22 (13.75%) Analytics
4 21 (13.13%) Electronic Trading
4 21 (13.13%) Risk Management
5 20 (12.50%) Business Analysis
6 19 (11.88%) Scrum
7 17 (10.63%) User Acceptance Testing
8 14 (8.75%) Asset Management
9 13 (8.13%) Migration
9 13 (8.13%) TDD
10 11 (6.88%) Continuous Integration
10 11 (6.88%) GAP Analysis
10 11 (6.88%) Test Scripting
10 11 (6.88%) Workflow
11 9 (5.63%) Change Management
11 9 (5.63%) Concurrent Programming
11 9 (5.63%) Data Management
11 9 (5.63%) Regression Testing
11 9 (5.63%) Stakeholder Management
Programming Languages
1 49 (30.63%) Java
2 34 (21.25%) SQL
3 20 (12.50%) C#
4 19 (11.88%) Scala
5 12 (7.50%) JavaScript
6 11 (6.88%) Haskell
7 10 (6.25%) Python
8 9 (5.63%) C++
9 7 (4.38%) PowerShell
10 6 (3.75%) C
10 6 (3.75%) T-SQL
11 5 (3.13%) TypeScript
12 3 (1.88%) Bash Shell
12 3 (1.88%) Perl
12 3 (1.88%) VBA
13 2 (1.25%) ES6
13 2 (1.25%) Shell Script
14 1 (0.63%) Korn
14 1 (0.63%) Kotlin
14 1 (0.63%) VC++
Qualifications
1 17 (10.63%) Degree
2 2 (1.25%) CFA
3 1 (0.63%) IIBA
3 1 (0.63%) ISEB
3 1 (0.63%) MBA
Quality Assurance & Compliance
1 26 (16.25%) MiFID
2 7 (4.38%) QA
3 6 (3.75%) Dodd-Frank
3 6 (3.75%) EMIR
4 3 (1.88%) Basel III
5 2 (1.25%) Basel II
6 1 (0.63%) Data Quality
6 1 (0.63%) FATCA
6 1 (0.63%) ISO20022
6 1 (0.63%) Solvency II
System Software
1 3 (1.88%) HDFS
2 2 (1.25%) Docker
3 1 (0.63%) Apache ZooKeeper
Systems Management
1 2 (1.25%) Control-M
2 1 (0.63%) HP Quality Center
Vendors
1 18 (11.25%) Murex
2 11 (6.88%) Oracle
3 7 (4.38%) TIBCO
4 5 (3.13%) Microsoft
4 5 (3.13%) Reuters
4 5 (3.13%) SmartStream
5 4 (2.50%) Charles River
6 2 (1.25%) Atlassian
6 2 (1.25%) Calypso
6 2 (1.25%) Fidessa
6 2 (1.25%) ION Trading
6 2 (1.25%) Sophis
7 1 (0.63%) Bloomberg
7 1 (0.63%) Citrix
7 1 (0.63%) HP
City, London
Premier IT
Rate: £0.00 per annum
Posted: 2 days ago
City, London
Pioneer Search
Rate: £550.00 - £575.00 per day
Posted: 3 days ago
City, London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 4 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £600 - £700 per day
Posted: 5 days ago
City, London
Hatstand Limited
Rate: £200 - £650 per day
Posted: 2 days ago
City, London
Pioneer Search
Rate: £550.00 - £675.00 per day
Posted: 5 days ago