The table below looks at the prevalence of the term Derivative in IT contracts advertised for the 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
England / London
Rank 117 108 70
Rank change year-on-year
-9 -38
Contract jobs citing Derivative 405 456 619
As % of all contract IT jobs located in London 2.12% 2.17% 2.93%
As % of the Miscellaneous category 5.87% 6.01% 8.11%
Number of daily rates quoted 299 339 505
Median daily rate £600 £588 £550
Median daily rate % change year-on-year
+2.12% +6.81%
90% offered a daily rate of more than £450 £425 £443
10% offered a daily rate of more than £725 £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 London region.

Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
6904 7592 7631
As % of all contract IT jobs located in London 36.12% 36.16% 36.13%
Number of daily rates quoted 4765 5239 5364
Median daily rate £500 £475 £450
Median daily rate % change year-on-year
+5.26% +5.55%
90% offered a daily rate of more than £313 £275 £275
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 108 135 150
Median hourly rate £27.50 £22.50 £18.00
Median hourly rate % change year-on-year
+22.22% +25.00%
90% offered a hourly rate of more than £14.00 £13.00 £13.44
10% offered a hourly rate of more than £55.00 £42.50 £37.00
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 London

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

Derivative Jobs Demand Trend in London

Derivative
Daily Rate Trend in London

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

Derivative Daily Rate Trend in London

Derivative
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Derivative across the London region over the 3 months to 21 January 2017.

Derivative Daily Rate Histogram in London

Derivative
Hourly Rate Trend in London

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

Derivative Hourly Rate Trend in London

Derivative
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Derivative within the London region over the 3 months to 21 January 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
City of London -26 87 £600 - 33
Canary Wharf +12 14 £600 +30.43%
Docklands, London 0 4 £500 -9.09%
Derivative
England

Derivative
Top 30 Related IT Skills in 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 London region with a requirement for Derivative.

1 363 (51.42%) Finance
2 334 (47.31%) Front Office
3 285 (40.37%) Banking
4 203 (28.75%) Fixed Income
5 202 (28.61%) Equities
6 198 (28.05%) Foreign Exchange (FX)
7 177 (25.07%) Investment Banking
8 173 (24.50%) Agile Software Development
9 170 (24.08%) Java
10 163 (23.09%) SQL
11 136 (19.26%) C#
12 127 (17.99%) Equity Derivative
13 110 (15.58%) MiFID
14 102 (14.45%) Business Analysis
15 99 (14.02%) Unix
16 98 (13.88%) Multithreading
17 82 (11.61%) Back Office
18 80 (11.33%) Risk Management
18 80 (11.33%) OTC Derivatives
19 74 (10.48%) OO
20 72 (10.20%) C++
21 66 (9.35%) .NET
22 63 (8.92%) Oracle
23 62 (8.78%) Stakeholder Management
24 59 (8.36%) TDD
24 59 (8.36%) Analytics
25 57 (8.07%) Market Risk
26 56 (7.93%) Asset Management
27 55 (7.79%) HTML
27 55 (7.79%) Linux

Derivative
Top Related IT Skills in 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 19 (2.69%) Apache Spark
2 11 (1.56%) Oracle Coherence
3 6 (0.85%) Apache Pig
3 6 (0.85%) Confluence
3 6 (0.85%) IIS
4 5 (0.71%) Tomcat
5 4 (0.57%) IBM HTTP Server
5 4 (0.57%) Oracle Workflow
5 4 (0.57%) WebSphere
5 4 (0.57%) WebSphere Application Server
6 3 (0.42%) Apache
6 3 (0.42%) Oracle SOA Suite
7 2 (0.28%) CMS
7 2 (0.28%) SAS
8 1 (0.14%) GlassFish
8 1 (0.14%) JBoss
8 1 (0.14%) WebLogic
8 1 (0.14%) WebLogic Integration
8 1 (0.14%) WebLogic Portal
8 1 (0.14%) WebSphere Process Server
Applications
1 31 (4.39%) MS Excel
2 9 (1.27%) MS PowerPoint
3 6 (0.85%) MS Project
4 5 (0.71%) MS Visio
5 4 (0.57%) LaTeX
6 3 (0.42%) Doxygen
6 3 (0.42%) MS Office
7 2 (0.28%) Spreadsheet
8 1 (0.14%) Mathematica
Business Applications
1 20 (2.83%) Summit
2 8 (1.13%) thinkFolio
3 7 (0.99%) RMDS
4 4 (0.57%) Markit EDM
4 4 (0.57%) SimCorp Dimension
5 3 (0.42%) Sophis RISQUE
6 2 (0.28%) Global One
6 2 (0.28%) Minerva
6 2 (0.28%) Orchestrade
6 2 (0.28%) Sentinel
6 2 (0.28%) SunGard APT
6 2 (0.28%) SunGard GMI
6 2 (0.28%) Tesseract
7 1 (0.14%) Bloomberg TOMS
7 1 (0.14%) ION MarketView
7 1 (0.14%) LatentZero
7 1 (0.14%) Oracle BPM
7 1 (0.14%) Oracle Subledger Accounting
7 1 (0.14%) SunGard Martini
Cloud Services
1 9 (1.27%) Amazon AWS
2 4 (0.57%) Cloud Computing
3 2 (0.28%) SaaS
4 1 (0.14%) Microsoft Azure
Communications & Networking
1 4 (0.57%) DNS
1 4 (0.57%) TCP/IP
2 3 (0.42%) LDAP
2 3 (0.42%) SAN
3 2 (0.28%) VPN
4 1 (0.14%) Cisco IOS
4 1 (0.14%) Cisco Nexus
4 1 (0.14%) DHCP
4 1 (0.14%) DSL
4 1 (0.14%) Ethernet
4 1 (0.14%) FTP
4 1 (0.14%) IGMP
4 1 (0.14%) InfiniBand
4 1 (0.14%) Intranet
4 1 (0.14%) SSH
Database & Business Intelligence
1 49 (6.94%) SQL Server
2 34 (4.82%) NoSQL
3 25 (3.54%) Hadoop
4 22 (3.12%) Relational Database
5 21 (2.97%) Big Data
6 17 (2.41%) DB2
6 17 (2.41%) KDB
7 15 (2.12%) Data Warehouse
8 13 (1.84%) Apache Cassandra
9 12 (1.70%) Data Mart
10 11 (1.56%) RDBMS
11 9 (1.27%) SQL Server 2008
12 8 (1.13%) SQL Server Integration Services
13 6 (0.85%) Redis
14 5 (0.71%) Data Lake
14 5 (0.71%) MS Access
14 5 (0.71%) SQL Server 2012
15 4 (0.57%) Data Mining
15 4 (0.57%) Oracle Database
15 4 (0.57%) SSDT
Development Applications
1 23 (3.26%) Subversion
2 12 (1.70%) JIRA
3 11 (1.56%) Git (software)
3 11 (1.56%) Maven
4 10 (1.42%) Jenkins
4 10 (1.42%) JUnit
5 7 (0.99%) Team Foundation Server
6 6 (0.85%) Eclipse
6 6 (0.85%) Hudson
6 6 (0.85%) Visual Studio
7 4 (0.57%) Build Forge
7 4 (0.57%) CruiseControl
7 4 (0.57%) IntelliJ
7 4 (0.57%) Mockito
8 3 (0.42%) EasyMock
8 3 (0.42%) NUnit
8 3 (0.42%) TeamCity
8 3 (0.42%) Toad
8 3 (0.42%) VSS/SourceSafe
9 2 (0.28%) Ant
General
1 363 (51.42%) Finance
2 334 (47.31%) Front Office
3 285 (40.37%) Banking
4 177 (25.07%) Investment Banking
5 82 (11.61%) Back Office
6 20 (2.83%) Financial Institution
7 12 (1.70%) Legal
8 7 (0.99%) Retail
9 5 (0.71%) French Language
9 5 (0.71%) Marketing
9 5 (0.71%) Prime Brokerage
10 4 (0.57%) Aerospace
10 4 (0.57%) Automotive
10 4 (0.57%) General Ledger
10 4 (0.57%) German Language
11 3 (0.42%) Law
11 3 (0.42%) Wholesale Banking
12 2 (0.28%) Corporate Banking
12 2 (0.28%) Retail Banking
13 1 (0.14%) Private Banking
Job Titles
1 299 (42.35%) Developer
2 281 (39.80%) Analyst
3 205 (29.04%) Business Analyst
4 119 (16.86%) Java Developer
5 66 (9.35%) MiFID Business Analyst
6 62 (8.78%) C# Developer
7 56 (7.93%) Derivatives Business Analyst
7 56 (7.93%) Senior Developer
8 47 (6.66%) Front Office Developer
9 44 (6.23%) Project Manager
10 37 (5.24%) C++ Developer
10 37 (5.24%) Senior Java Developer
11 29 (4.11%) IT Business Analyst
11 29 (4.11%) Senior Analyst
12 28 (3.97%) Risk Analyst
13 27 (3.82%) Support Analyst
14 26 (3.68%) IT Analyst
15 25 (3.54%) Business IT Analyst
15 25 (3.54%) Front Office Business Analyst
15 25 (3.54%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 66 (9.35%) .NET
2 55 (7.79%) HTML
3 45 (6.37%) HTML5
4 42 (5.95%) FIX Protocol
5 37 (5.24%) XML
6 36 (5.10%) Spring
7 33 (4.67%) AngularJS
8 25 (3.54%) CSS
9 24 (3.40%) JMS
10 22 (3.12%) WPF
11 18 (2.55%) FpML
12 17 (2.41%) Web Services
13 16 (2.27%) Middleware
13 16 (2.27%) WCF
14 13 (1.84%) Murex MxML
15 12 (1.70%) RequireJS
16 11 (1.56%) RESTful
17 10 (1.42%) Rendezvous
18 9 (1.27%) Hibernate
18 9 (1.27%) JSON
Miscellaneous
1 203 (28.75%) Fixed Income
2 202 (28.61%) Equities
3 198 (28.05%) Foreign Exchange (FX)
4 127 (17.99%) Equity Derivative
5 80 (11.33%) OTC Derivatives
6 57 (8.07%) Market Risk
7 53 (7.51%) Credit Derivative
8 52 (7.37%) Analytical Skills
9 38 (5.38%) Mathematics
10 37 (5.24%) Computer Science
11 28 (3.97%) Algorithms
12 26 (3.68%) Interest Rate Derivative
13 22 (3.12%) Data Structures
14 20 (2.83%) Physics
15 19 (2.69%) Fintech
15 19 (2.69%) Grid Computing
16 16 (2.27%) Reference Data
17 14 (1.98%) Hedge funds
18 13 (1.84%) Economics
19 12 (1.70%) Virtual Team
Operating Systems
1 99 (14.02%) Unix
2 55 (7.79%) Linux
3 25 (3.54%) Windows
4 7 (0.99%) Solaris
4 7 (0.99%) Windows Server
5 4 (0.57%) Red Hat Enterprise Linux
6 1 (0.14%) Android
6 1 (0.14%) SUSE Linux Enterprise Server
Processes & Methodologies
1 173 (24.50%) Agile Software Development
2 102 (14.45%) Business Analysis
3 98 (13.88%) Multithreading
4 80 (11.33%) Risk Management
5 74 (10.48%) OO
6 62 (8.78%) Stakeholder Management
7 59 (8.36%) Analytics
7 59 (8.36%) TDD
8 56 (7.93%) Asset Management
9 53 (7.51%) Electronic Trading
10 52 (7.37%) Scrum
11 51 (7.22%) Change Management
12 50 (7.08%) Project Management
13 43 (6.09%) User Acceptance Testing
14 40 (5.67%) SDLC
15 39 (5.52%) Continuous Integration
16 35 (4.96%) Investment Management
16 35 (4.96%) Low Latency
17 32 (4.53%) Data Management
17 32 (4.53%) Test Scripting
Programming Languages
1 170 (24.08%) Java
2 163 (23.09%) SQL
3 136 (19.26%) C#
4 72 (10.20%) C++
5 54 (7.65%) JavaScript
6 49 (6.94%) Scala
7 44 (6.23%) Python
8 39 (5.52%) Perl
9 22 (3.12%) C
10 17 (2.41%) PowerShell
10 17 (2.41%) T-SQL
11 14 (1.98%) Shell Script
11 14 (1.98%) TypeScript
11 14 (1.98%) VBA
12 13 (1.84%) Haskell
13 10 (1.42%) PL/SQL
14 8 (1.13%) Bash Shell
15 7 (0.99%) R
16 5 (0.71%) Tcl
17 4 (0.57%) F#
Qualifications
1 45 (6.37%) Degree
2 11 (1.56%) PhD
3 5 (0.71%) ISEB
4 3 (0.42%) ISTQB
5 2 (0.28%) CFA
5 2 (0.28%) ISTQB Foundation Certification
5 2 (0.28%) PRINCE2 Certification
6 1 (0.14%) MBA
6 1 (0.14%) PMI Certification
Quality Assurance & Compliance
1 110 (15.58%) MiFID
2 41 (5.81%) EMIR
2 41 (5.81%) QA
3 32 (4.53%) Dodd-Frank
4 7 (0.99%) SLA
5 4 (0.57%) Basel III
5 4 (0.57%) FATCA
5 4 (0.57%) GAAP
6 2 (0.28%) Basel II
7 1 (0.14%) CRD IV
7 1 (0.14%) Data Quality
System Software
1 4 (0.57%) NFS
2 3 (0.42%) Docker
2 3 (0.42%) Samba
2 3 (0.42%) Virtual Machines
2 3 (0.42%) VMware Infrastructure
2 3 (0.42%) vSphere
3 1 (0.14%) Active Directory
3 1 (0.14%) Apache ZooKeeper
3 1 (0.14%) HDFS
3 1 (0.14%) Platform Symphony
3 1 (0.14%) Tivoli Workload Scheduler
Systems Management
1 10 (1.42%) Control-M
2 4 (0.57%) Puppet
3 3 (0.42%) HP Quality Center
3 3 (0.42%) Nagios
3 3 (0.42%) NetBackup
3 3 (0.42%) OpenView
3 3 (0.42%) Opscode Chef
3 3 (0.42%) Red Hat Satellite
3 3 (0.42%) TeamSite
4 1 (0.14%) ITRS Geneos
4 1 (0.14%) Thomson Reuters DACS
4 1 (0.14%) Tivoli
Vendors
1 63 (8.92%) Oracle
2 52 (7.37%) Murex
3 33 (4.67%) Sybase
4 28 (3.97%) Microsoft
5 27 (3.82%) TIBCO
6 19 (2.69%) Bloomberg
6 19 (2.69%) Fidessa
7 14 (1.98%) Reuters
8 13 (1.84%) ION Trading
9 12 (1.70%) Charles River
10 10 (1.42%) Calypso
11 7 (0.99%) SmartStream
12 6 (0.85%) Informatica
12 6 (0.85%) Sophis
13 5 (0.71%) HP
13 5 (0.71%) Sun
14 4 (0.57%) BMC
14 4 (0.57%) DataSynapse
14 4 (0.57%) IBM
14 4 (0.57%) SimCorp
City, London
TEKsystems
Rate: £600 - £650 per day
Posted: Yesterday
London
Robert Walters UK
Rate: £500 - £600 per day
Posted: 4 days ago
London
McGregor Boyall
Rate: £600 - £750 per day
Posted: 2 days ago
City, London
Pioneer Search
Rate: £600 - £900 per day
Posted: 2 days ago
London
Harvey Nash plc
Rate: £60000 - £70000 per annum + + Bonus and Benefits Package
Posted: 3 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
London
Spencer Rose
Rate: £550 per day
Posted: 5 days ago
City, London
Haysfm
Rate: £500.00 - £550.00 per day
Posted: 5 days ago