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 28 May 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
28 May 2016
Same period 2015 Same period 2014
Derivatives
Rank 144 93 80
Rank change year-on-year
-51 -13
Contract jobs citing Derivative 390 507 607
As % of all contract IT jobs located in London 1.77% 2.24% 2.67%
As % of the Miscellaneous category 4.85% 6.17% 7.06%
Number of daily rates quoted 323 374 497
Median daily rate £550 £550 £575
Median daily rate % change year-on-year
- -4.34%
90% offered a daily rate of more than £425 £450 £425
10% offered a daily rate of more than £675 £675 £700
UK excluding London median daily rate £335 £425 £385
% change year-on-year
-21.17% +10.38%
Number of hourly rates quoted 2 0 2
Median hourly rate £65.00 - £30.00
90% offered a hourly rate of more than £53.00 - £14.00
10% offered a hourly rate of more than £77.00 - £46.00
UK excluding London median hourly rate - - £42.00
Derivative
England

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
8046 8215 8602
As % of all contract IT jobs located in London 36.49% 36.31% 37.85%
Number of daily rates quoted 5743 5646 6035
Median daily rate £475 £465 £450
Median daily rate % change year-on-year
+2.15% +3.33%
90% offered a daily rate of more than £300 £275 £275
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 112 140 157
Median hourly rate £21.17 £18.00 £20.00
Median hourly rate % change year-on-year
+17.61% -10.00%
90% offered a hourly rate of more than £12.50 £13.50 £13.20
10% offered a hourly rate of more than £55.00 £50.02 £41.50
UK excluding London median hourly rate £21.75 £18.00 £20.50
% change year-on-year
+20.83% -12.19%

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 28 May 2016.

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
Hourly Rate Histogram in London

This chart provides a histogram of hourly rates quoted in contract IT jobs citing Derivative across the London region over the 3 months to 28 May 2016.

Derivative Hourly Rate Histogram 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 28 May 2016. 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
(Click see detailed
statistics and trends)
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 -15 86 £533 -7.39% 51
Canary Wharf -1 5 £600 +11.62%
Docklands, London +10 4 £600 -3.03%
Derivative
England

Derivative
Top 30 Related IT Skills in London

For the 6 months to 28 May 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 London region with a requirement for Derivative.

1 462 (55.46%) Finance
2 382 (45.86%) Banking
3 339 (40.70%) Front Office
4 263 (31.57%) SQL
5 250 (30.01%) Foreign Exchange (FX)
6 228 (27.37%) Investment Banking
7 216 (25.93%) Java
7 216 (25.93%) Fixed Income
8 213 (25.57%) C#
9 197 (23.65%) Agile Software Development
10 159 (19.09%) Equities
11 135 (16.21%) Risk Management
12 132 (15.85%) Oracle
13 126 (15.13%) TDD
14 123 (14.77%) Equity Derivative
15 105 (12.61%) Credit Derivative
16 104 (12.48%) .NET
17 101 (12.12%) C++
18 99 (11.88%) Analytical Skills
19 93 (11.16%) Unix
20 87 (10.44%) SQL Server
21 86 (10.32%) Multithreading
22 85 (10.20%) Windows
23 79 (9.48%) Microsoft
24 75 (9.00%) Credit Risk
25 74 (8.88%) Spring
26 73 (8.76%) User Acceptance Testing
27 72 (8.64%) OTC Derivatives
27 72 (8.64%) Murex
28 68 (8.16%) Asset Management

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 35 (4.20%) Oracle Coherence
2 34 (4.08%) Tomcat
3 18 (2.16%) Jetty
4 16 (1.92%) Confluence
5 8 (0.96%) Apache Spark
6 7 (0.84%) Apache
7 6 (0.72%) WebSphere
8 5 (0.60%) MQSeries
8 5 (0.60%) Mule
8 5 (0.60%) WebLogic
9 4 (0.48%) GemFire
9 4 (0.48%) IIS
10 3 (0.36%) Elasticsearch
10 3 (0.36%) SharePoint
11 2 (0.24%) Oracle Workflow
11 2 (0.24%) WebSphere Application Server
12 1 (0.12%) Apache Pig
12 1 (0.12%) CMS
12 1 (0.12%) Lightstreamer
12 1 (0.12%) Sitecore CMS
Applications
1 26 (3.12%) MS Excel
2 8 (0.96%) Spreadsheet
3 7 (0.84%) MS PowerPoint
4 5 (0.60%) HipChat
4 5 (0.60%) MS Project
4 5 (0.60%) MS Visio
5 3 (0.36%) MS Office
6 1 (0.12%) Acrobat
6 1 (0.12%) Mathematica
6 1 (0.12%) Open Workbench
Business Applications
1 13 (1.56%) Summit
2 12 (1.44%) Endur
3 9 (1.08%) ION MarketView
3 9 (1.08%) Markit EDM
3 9 (1.08%) SunGard GMI
4 8 (0.96%) Front Arena
5 5 (0.60%) IntelliMatch
5 5 (0.60%) SunGard Stream Clearvision
6 3 (0.36%) Algo Collateral
6 3 (0.36%) FINCAD Analytics
6 3 (0.36%) thinkFolio
7 2 (0.24%) Bloomberg TOMS
7 2 (0.24%) Loan IQ
7 2 (0.24%) RMDS
7 2 (0.24%) SimCorp Dimension
8 1 (0.12%) Eikon
8 1 (0.12%) Kondor
8 1 (0.12%) LatentZero
8 1 (0.12%) Rolfe and Nolan
Cloud Services
1 8 (0.96%) Amazon AWS
2 3 (0.36%) Microsoft Azure
3 2 (0.24%) Adobe Analytics
Communications & Networking
1 12 (1.44%) TCP/IP
2 7 (0.84%) Firewall
3 5 (0.60%) HTTP
3 5 (0.60%) SAN
3 5 (0.60%) SSH
3 5 (0.60%) SSL
4 4 (0.48%) PuTTY
4 4 (0.48%) VPN
4 4 (0.48%) Wi-Fi
5 3 (0.36%) DNS
5 3 (0.36%) Intranet
5 3 (0.36%) LAN
5 3 (0.36%) Multicast
5 3 (0.36%) NAS
6 2 (0.24%) BGP
6 2 (0.24%) DSL
6 2 (0.24%) HTTPS
6 2 (0.24%) Internet
6 2 (0.24%) iSCSI
7 1 (0.12%) Wireshark
Database & Business Intelligence
1 87 (10.44%) SQL Server
2 45 (5.40%) SQL Server Integration Services
3 40 (4.80%) Relational Database
4 29 (3.48%) Data Warehouse
5 27 (3.24%) SQL Server Reporting Services
6 20 (2.40%) RDBMS
7 16 (1.92%) NoSQL
8 10 (1.20%) Oracle Database
9 9 (1.08%) SQL Server Analysis Services
10 7 (0.84%) Hadoop
11 6 (0.72%) Data Mart
11 6 (0.72%) Hazelcast
11 6 (0.72%) Microsoft Analysis Services
11 6 (0.72%) MongoDB
11 6 (0.72%) MySQL
12 5 (0.60%) Big Data
12 5 (0.60%) BusinessObjects
12 5 (0.60%) Data Mining
12 5 (0.60%) KDB
12 5 (0.60%) SQL Server 2012
Development Applications
1 54 (6.48%) Maven
2 34 (4.08%) JIRA
3 26 (3.12%) Eclipse
4 25 (3.00%) IntelliJ
5 22 (2.64%) TeamCity
6 18 (2.16%) Team Foundation Server
7 17 (2.04%) Selenium
8 13 (1.56%) Jenkins
8 13 (1.56%) JUnit
8 13 (1.56%) Subversion
9 10 (1.20%) HP UFT
9 10 (1.20%) Octopus Deploy
10 8 (0.96%) Git (software)
11 7 (0.84%) InstallShield
11 7 (0.84%) MSI
12 6 (0.72%) ClearCase
12 6 (0.72%) ClearQuest
12 6 (0.72%) EasyMock
12 6 (0.72%) LoadRunner
12 6 (0.72%) Mockito
General
1 462 (55.46%) Finance
2 382 (45.86%) Banking
3 339 (40.70%) Front Office
4 228 (27.37%) Investment Banking
5 55 (6.60%) Back Office
6 39 (4.68%) Financial Institution
7 14 (1.68%) Legal
8 10 (1.20%) General Ledger
9 8 (0.96%) Retail
10 6 (0.72%) Advertising
10 6 (0.72%) French Language
11 4 (0.48%) Corporate Banking
11 4 (0.48%) Electronics
11 4 (0.48%) Law
11 4 (0.48%) Wholesale Banking
12 3 (0.36%) Marketing
13 2 (0.24%) Manufacturing
13 2 (0.24%) Publishing
13 2 (0.24%) Telecoms
14 1 (0.12%) Pharmaceutical
Job Titles
1 377 (45.26%) Developer
2 255 (30.61%) Analyst
3 179 (21.49%) Business Analyst
4 154 (18.49%) Java Developer
5 108 (12.97%) C# Developer
6 86 (10.32%) Senior Developer
7 71 (8.52%) Senior Java Developer
8 57 (6.84%) Front Office Developer
9 56 (6.72%) Project Manager
10 55 (6.60%) SQL Developer
11 49 (5.88%) .NET Developer
11 49 (5.88%) Risk Analyst
12 46 (5.52%) C# .NET Developer
12 46 (5.52%) C++ Developer
13 41 (4.92%) Senior Analyst
14 39 (4.68%) Agile Developer
15 38 (4.56%) Derivatives Business Analyst
16 37 (4.44%) Risk Business Analyst
17 35 (4.20%) Quantitative Developer
17 35 (4.20%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 104 (12.48%) .NET
2 74 (8.88%) Spring
3 51 (6.12%) XML
4 50 (6.00%) HTML
5 39 (4.68%) FIX Protocol
6 34 (4.08%) HTML5
6 34 (4.08%) WPF
7 32 (3.84%) AngularJS
8 30 (3.60%) JMS
9 26 (3.12%) CSS
9 26 (3.12%) FpML
10 22 (2.64%) REST
11 19 (2.28%) .NET Framework
11 19 (2.28%) Boost C++ Libraries
11 19 (2.28%) Middleware
11 19 (2.28%) Spring Integration
11 19 (2.28%) STL
11 19 (2.28%) Twitter Bootstrap
12 16 (1.92%) ATL
12 16 (1.92%) MFC
Miscellaneous
1 250 (30.01%) Foreign Exchange (FX)
2 216 (25.93%) Fixed Income
3 159 (19.09%) Equities
4 123 (14.77%) Equity Derivative
5 105 (12.61%) Credit Derivative
6 99 (11.88%) Analytical Skills
7 75 (9.00%) Credit Risk
8 72 (8.64%) OTC Derivatives
9 67 (8.04%) Market Risk
10 55 (6.60%) Interest Rate Derivative
11 42 (5.04%) Mathematics
12 35 (4.20%) Grid Computing
13 20 (2.40%) Hedge funds
14 19 (2.28%) Computer Science
15 17 (2.04%) Reference Data
16 15 (1.80%) Data Structures
17 12 (1.44%) Algorithms
18 10 (1.20%) Management Information System
18 10 (1.20%) SWIFT
19 9 (1.08%) Physics
Operating Systems
1 93 (11.16%) Unix
2 85 (10.20%) Windows
3 60 (7.20%) Linux
4 19 (2.28%) Windows Server
5 11 (1.32%) Solaris
6 7 (0.84%) Windows Server 2012
7 5 (0.60%) CentOS
8 4 (0.48%) Mac OS X
9 3 (0.36%) VMS
10 2 (0.24%) Debian
10 2 (0.24%) Ubuntu
11 1 (0.12%) AIX
11 1 (0.12%) Mac OS X Server
11 1 (0.12%) Red Hat Enterprise Linux
Processes & Methodologies
1 197 (23.65%) Agile Software Development
2 135 (16.21%) Risk Management
3 126 (15.13%) TDD
4 86 (10.32%) Multithreading
5 73 (8.76%) User Acceptance Testing
6 68 (8.16%) Asset Management
7 67 (8.04%) Business Analysis
8 65 (7.80%) Migration
9 59 (7.08%) OO
10 55 (6.60%) SDLC
10 55 (6.60%) Stakeholder Management
11 54 (6.48%) Project Management
12 52 (6.24%) BDD
13 44 (5.28%) Analytics
14 43 (5.16%) Pair Programming
15 41 (4.92%) Data Analysis
15 41 (4.92%) Scrum
16 39 (4.68%) Collateral Management
17 36 (4.32%) Investment Management
18 35 (4.20%) Continuous Integration
Programming Languages
1 263 (31.57%) SQL
2 216 (25.93%) Java
3 213 (25.57%) C#
4 101 (12.12%) C++
5 55 (6.60%) Python
6 50 (6.00%) VBA
7 37 (4.44%) JavaScript
8 36 (4.32%) Perl
9 22 (2.64%) Shell Script
10 21 (2.52%) VB
11 20 (2.40%) PowerShell
12 18 (2.16%) Scala
12 18 (2.16%) T-SQL
13 16 (1.92%) Bash Shell
13 16 (1.92%) VC++
14 15 (1.80%) PL/SQL
15 10 (1.20%) MATLAB
16 9 (1.08%) Haskell
17 5 (0.60%) VBScript
18 4 (0.48%) XAML
Qualifications
1 57 (6.84%) Degree
2 28 (3.36%) PhD
3 10 (1.20%) ISEB
4 8 (0.96%) ISTQB
4 8 (0.96%) ITIL Certification
5 3 (0.36%) CCA
5 3 (0.36%) Citrix Certification
6 2 (0.24%) ISTQB Foundation Certification
6 2 (0.24%) PMI Certification
6 2 (0.24%) Security Cleared
7 1 (0.12%) APMP
7 1 (0.12%) PRINCE2 Practitioner
7 1 (0.12%) SC Cleared
Quality Assurance & Compliance
1 61 (7.32%) QA
2 42 (5.04%) MiFID
3 28 (3.36%) Dodd-Frank
4 26 (3.12%) EMIR
5 11 (1.32%) SLA
6 10 (1.20%) AIFMD
6 10 (1.20%) UCITS
7 7 (0.84%) Data Quality
8 5 (0.60%) FATCA
9 3 (0.36%) Solvency II
10 2 (0.24%) Basel III
10 2 (0.24%) Disclosure Scotland
11 1 (0.12%) COREP
11 1 (0.12%) CRD IV
11 1 (0.12%) ISO20022
11 1 (0.12%) Sarbanes-Oxley
System Software
1 7 (0.84%) VMware Infrastructure
2 4 (0.48%) Active Directory
2 4 (0.48%) VMware ESXi
3 3 (0.36%) Docker
3 3 (0.36%) XenApp
4 2 (0.24%) Oracle RAC
4 2 (0.24%) Platform Symphony
4 2 (0.24%) VMware ESX
5 1 (0.12%) Apache ZooKeeper
5 1 (0.12%) HDFS
5 1 (0.12%) Hyper-V
5 1 (0.12%) oVirt
5 1 (0.12%) Veritas Cluster Server
Systems Management
1 14 (1.68%) HP Quality Center
2 12 (1.44%) Control-M
3 8 (0.96%) ITRS Geneos
4 5 (0.60%) Nagios
5 4 (0.48%) Opscode Chef
5 4 (0.48%) Puppet
5 4 (0.48%) Tivoli
6 3 (0.36%) Ansible
6 3 (0.36%) AppDNA
6 3 (0.36%) ZABBIX
7 2 (0.24%) Kibana
7 2 (0.24%) logstash
8 1 (0.12%) BMC PATROL
8 1 (0.12%) OpenView
8 1 (0.12%) Salt
Vendors
1 132 (15.85%) Oracle
2 79 (9.48%) Microsoft
3 72 (8.64%) Murex
4 55 (6.60%) Calypso
5 45 (5.40%) Sybase
6 35 (4.20%) Bloomberg
7 27 (3.24%) DataSynapse
8 25 (3.00%) ION Trading
9 15 (1.80%) Fidessa
9 15 (1.80%) TIBCO
10 13 (1.56%) Reuters
10 13 (1.56%) SunGard
11 12 (1.44%) OpenLink
12 11 (1.32%) IBM
12 11 (1.32%) VMware
13 9 (1.08%) HP
13 9 (1.08%) ServiceNow
14 8 (0.96%) Charles River
15 7 (0.84%) Informatica
16 6 (0.72%) Algorithmics
City, London
Hays Finance Technology
Rate: £550.00 - £595.00 per day
Posted: Yesterday
City, London
Hays Finance Technology
Rate: £550.00 - £600.00 per day
Posted: Yesterday
London
Michael Bailey Associates
Rate: Market Rates
Posted: 2 days ago
London
Connectus
Rate: £450 per day
Posted: Yesterday
London
Elevate Direct
Rate: From £550 to £600 per day
Posted: 4 days ago
London
Oliver Bernard
Rate: £500 - £550 per day
Posted: 2 days ago
London
iKas International
Rate: £550 - £575 per day
Posted: 5 days ago
City, London
McGregor Boyall
Rate: £650 - £700 per day
Posted: 4 days ago
London
Hays Finance Technology
Rate: £550.00 - £600.00 per day
Posted: 4 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £400 - £450 per day
Posted: 3 days ago
London
Pioneer Search
Rate: £600 - £800 per day + Long term rolling contract
Posted: 4 days ago
London
TEKsystems
Rate: £550 - £650 per day
Posted: 4 days ago
City, London
McGregor Boyall
Rate: £550 - £700 per day
Posted: 3 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £400 - £450 per day
Posted: 4 days ago
City, London
Harvey Nash plc
Rate: £450 - £500 per day
Posted: 3 days ago
City of London
Hays London City Cheapside
Rate: £550.00 - £600.00 per day
Posted: 9 days ago
London
Hays London City Cheapside
Rate: £550.00 - £600.00 per day
Posted: 9 days ago
London
Development and Infrastructure
Rate: £500 - 650 per day
Posted: 12 days ago
London
Hays London City Cheapside
Rate: £500.00 - £600.00 per day
Posted: 17 days ago