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 25 June 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
25 Jun 2016
Same period 2015 Same period 2014
Derivatives
Rank 149 111 90
Rank change year-on-year
-38 -21
Contract jobs citing Derivative 350 480 571
As % of all contract IT jobs located in London 1.64% 2.05% 2.44%
As % of the Miscellaneous category 4.47% 5.65% 6.41%
Number of daily rates quoted 294 368 471
Median daily rate £566 £575 £575
Median daily rate % change year-on-year
-1.52% -
90% offered a daily rate of more than £425 £475 £425
10% offered a daily rate of more than £675 £675 £700
UK excluding London median daily rate £320 £425 £375
% change year-on-year
-24.70% +13.33%
Number of hourly rates quoted 2 0 0
Median hourly rate £65.00 - -
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
7837 8499 8913
As % of all contract IT jobs located in London 36.70% 36.37% 38.16%
Number of daily rates quoted 5577 5914 6115
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
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 116 148 161
Median hourly rate £20.26 £19.72 £20.00
Median hourly rate % change year-on-year
+2.76% -1.42%
90% offered a hourly rate of more than £12.50 £14.00 £14.04
10% offered a hourly rate of more than £62.00 £52.17 £41.90
UK excluding London median hourly rate £22.50 £18.50 £21.00
% change year-on-year
+21.62% -11.90%

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 25 June 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 25 June 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 25 June 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 -1 96 £538 -7.92% 44
Canary Wharf 0 4 £600 +17.07%
Docklands, London +6 2 £550 -8.33%
Derivative
England

Derivative
Top 30 Related IT Skills in London

For the 6 months to 25 June 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.

1 429 (53.29%) Finance
2 374 (46.46%) Banking
3 308 (38.26%) Front Office
4 247 (30.68%) SQL
5 234 (29.07%) Java
6 232 (28.82%) Foreign Exchange (FX)
7 218 (27.08%) Investment Banking
8 216 (26.83%) C#
9 215 (26.71%) Fixed Income
10 198 (24.60%) Agile Software Development
11 157 (19.50%) Equities
12 136 (16.89%) TDD
13 134 (16.65%) Risk Management
14 129 (16.02%) Equity Derivative
15 125 (15.53%) Oracle
16 107 (13.29%) .NET
17 99 (12.30%) C++
18 98 (12.17%) Credit Derivative
19 95 (11.80%) Analytical Skills
20 94 (11.68%) Unix
21 76 (9.44%) Microsoft
21 76 (9.44%) Multithreading
22 74 (9.19%) SQL Server
22 74 (9.19%) Spring
23 70 (8.70%) Business Analysis
24 69 (8.57%) Windows
25 67 (8.32%) Credit Risk
26 66 (8.20%) OTC Derivatives
26 66 (8.20%) OO
26 66 (8.20%) Murex

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 33 (4.10%) Tomcat
2 27 (3.35%) Oracle Coherence
3 18 (2.24%) Confluence
4 17 (2.11%) Jetty
5 10 (1.24%) Apache
6 9 (1.12%) WebLogic
7 8 (0.99%) Apache Spark
8 7 (0.87%) WebSphere
9 5 (0.62%) IIS
9 5 (0.62%) Mule
10 4 (0.50%) GemFire
10 4 (0.50%) MQSeries
10 4 (0.50%) SharePoint
11 3 (0.37%) Elasticsearch
12 2 (0.25%) Oracle Workflow
12 2 (0.25%) WebSphere Application Server
13 1 (0.12%) Apache Pig
13 1 (0.12%) CMS
13 1 (0.12%) SharePoint 2013
13 1 (0.12%) Sitecore CMS
Applications
1 27 (3.35%) MS Excel
2 14 (1.74%) Spreadsheet
3 7 (0.87%) MS Project
4 4 (0.50%) HipChat
4 4 (0.50%) MS PowerPoint
5 3 (0.37%) MS Visio
6 2 (0.25%) Mathematica
6 2 (0.25%) MS Office
7 1 (0.12%) Open Workbench
Business Applications
1 9 (1.12%) ION MarketView
1 9 (1.12%) Summit
2 8 (0.99%) Endur
3 7 (0.87%) Markit EDM
4 6 (0.75%) SunGard GMI
5 5 (0.62%) Front Arena
5 5 (0.62%) IntelliMatch
5 5 (0.62%) SunGard Stream Clearvision
6 3 (0.37%) FINCAD Analytics
6 3 (0.37%) thinkFolio
7 2 (0.25%) Bloomberg TOMS
7 2 (0.25%) Loan IQ
7 2 (0.25%) RMDS
7 2 (0.25%) SimCorp Dimension
8 1 (0.12%) Algo Collateral
8 1 (0.12%) Eikon
8 1 (0.12%) Kondor
8 1 (0.12%) LatentZero
Cloud Services
1 10 (1.24%) Amazon AWS
2 4 (0.50%) Microsoft Azure
3 2 (0.25%) Adobe Analytics
3 2 (0.25%) Amazon EC2
3 2 (0.25%) AWS CloudFormation
Communications & Networking
1 12 (1.49%) TCP/IP
2 6 (0.75%) Firewall
3 5 (0.62%) SAN
4 4 (0.50%) DNS
4 4 (0.50%) HTTP
4 4 (0.50%) Intranet
4 4 (0.50%) PuTTY
4 4 (0.50%) SSH
4 4 (0.50%) SSL
5 3 (0.37%) Multicast
5 3 (0.37%) NAS
5 3 (0.37%) VPN
5 3 (0.37%) Wi-Fi
6 2 (0.25%) BGP
6 2 (0.25%) DSL
6 2 (0.25%) HTTPS
6 2 (0.25%) Internet
6 2 (0.25%) iSCSI
7 1 (0.12%) FTP
7 1 (0.12%) LAN
Database & Business Intelligence
1 74 (9.19%) SQL Server
2 38 (4.72%) SQL Server Integration Services
3 37 (4.60%) Relational Database
4 28 (3.48%) Data Warehouse
5 24 (2.98%) NoSQL
6 20 (2.48%) SQL Server Reporting Services
7 18 (2.24%) RDBMS
8 12 (1.49%) Hadoop
9 10 (1.24%) BusinessObjects
9 10 (1.24%) Oracle Database
10 9 (1.12%) SQL Server Analysis Services
11 8 (0.99%) Big Data
12 7 (0.87%) Data Mart
13 6 (0.75%) Hazelcast
13 6 (0.75%) KDB
14 5 (0.62%) Apache Cassandra
14 5 (0.62%) MySQL
14 5 (0.62%) QlikView
15 4 (0.50%) Crystal Reports
15 4 (0.50%) Oracle Reports
Development Applications
1 56 (6.96%) Maven
2 37 (4.60%) JIRA
3 29 (3.60%) Eclipse
4 26 (3.23%) IntelliJ
5 19 (2.36%) TeamCity
6 18 (2.24%) Selenium
7 14 (1.74%) Team Foundation Server
8 13 (1.61%) Jenkins
8 13 (1.61%) JUnit
9 10 (1.24%) Subversion
10 8 (0.99%) ClearCase
10 8 (0.99%) HP UFT
11 7 (0.87%) Visual Studio
12 6 (0.75%) Cucumber
12 6 (0.75%) EasyMock
12 6 (0.75%) Git (software)
12 6 (0.75%) LoadRunner
12 6 (0.75%) Mockito
12 6 (0.75%) NUnit
12 6 (0.75%) Octopus Deploy
General
1 429 (53.29%) Finance
2 374 (46.46%) Banking
3 308 (38.26%) Front Office
4 218 (27.08%) Investment Banking
5 60 (7.45%) Back Office
6 42 (5.22%) Financial Institution
7 12 (1.49%) Legal
8 11 (1.37%) General Ledger
9 10 (1.24%) Retail
10 8 (0.99%) French Language
11 4 (0.50%) Electronics
11 4 (0.50%) Law
11 4 (0.50%) Marketing
12 2 (0.25%) Advertising
12 2 (0.25%) Publishing
13 1 (0.12%) Corporate Banking
13 1 (0.12%) German Language
13 1 (0.12%) Manufacturing
13 1 (0.12%) Spanish Language
13 1 (0.12%) Telecoms
Job Titles
1 378 (46.96%) Developer
2 249 (30.93%) Analyst
3 170 (21.12%) Business Analyst
4 162 (20.12%) Java Developer
5 115 (14.29%) C# Developer
6 91 (11.30%) Senior Developer
7 73 (9.07%) Senior Java Developer
8 56 (6.96%) SQL Developer
9 55 (6.83%) .NET Developer
10 52 (6.46%) C# .NET Developer
11 47 (5.84%) Agile Developer
11 47 (5.84%) Risk Analyst
12 46 (5.71%) Front Office Developer
12 46 (5.71%) Project Manager
13 40 (4.97%) C++ Developer
14 37 (4.60%) Derivatives Business Analyst
14 37 (4.60%) Risk Business Analyst
15 36 (4.47%) Agile Java Developer
16 35 (4.35%) Banking Analyst
17 31 (3.85%) Applications Support
Libraries, Frameworks & Software Standards
1 107 (13.29%) .NET
2 74 (9.19%) Spring
3 62 (7.70%) HTML
4 46 (5.71%) AngularJS
5 43 (5.34%) HTML5
5 43 (5.34%) XML
6 40 (4.97%) WPF
7 35 (4.35%) FIX Protocol
8 29 (3.60%) JMS
9 28 (3.48%) CSS
10 23 (2.86%) REST
11 21 (2.61%) FpML
12 20 (2.48%) WCF
13 19 (2.36%) Middleware
13 19 (2.36%) Spring Integration
13 19 (2.36%) Twitter Bootstrap
13 19 (2.36%) Web Services
14 16 (1.99%) WebSockets
15 15 (1.86%) .NET Framework
16 14 (1.74%) CSS3
Miscellaneous
1 232 (28.82%) Foreign Exchange (FX)
2 215 (26.71%) Fixed Income
3 157 (19.50%) Equities
4 129 (16.02%) Equity Derivative
5 98 (12.17%) Credit Derivative
6 95 (11.80%) Analytical Skills
7 67 (8.32%) Credit Risk
8 66 (8.20%) OTC Derivatives
9 61 (7.58%) Interest Rate Derivative
10 59 (7.33%) Market Risk
11 39 (4.84%) Grid Computing
12 36 (4.47%) Mathematics
13 21 (2.61%) Computer Science
14 19 (2.36%) Hedge funds
15 18 (2.24%) Algorithms
16 17 (2.11%) Data Structures
17 15 (1.86%) Reference Data
18 8 (0.99%) Physics
18 8 (0.99%) Statistics
18 8 (0.99%) SWIFT
Operating Systems
1 94 (11.68%) Unix
2 69 (8.57%) Windows
3 58 (7.20%) Linux
4 19 (2.36%) Windows Server
5 11 (1.37%) Solaris
6 6 (0.75%) Windows Server 2012
7 4 (0.50%) CentOS
7 4 (0.50%) Debian
7 4 (0.50%) Mac OS X
7 4 (0.50%) Ubuntu
8 3 (0.37%) VMS
9 1 (0.12%) Red Hat Enterprise Linux
Processes & Methodologies
1 198 (24.60%) Agile Software Development
2 136 (16.89%) TDD
3 134 (16.65%) Risk Management
4 76 (9.44%) Multithreading
5 70 (8.70%) Business Analysis
6 66 (8.20%) OO
7 65 (8.07%) Asset Management
8 61 (7.58%) SDLC
9 58 (7.20%) BDD
9 58 (7.20%) User Acceptance Testing
10 56 (6.96%) Migration
11 49 (6.09%) Project Management
12 44 (5.47%) Stakeholder Management
13 42 (5.22%) Pair Programming
14 39 (4.84%) Data Analysis
15 38 (4.72%) Collateral Management
16 36 (4.47%) Analytics
17 35 (4.35%) Scrum
18 31 (3.85%) Investment Management
19 30 (3.73%) Continuous Integration
Programming Languages
1 247 (30.68%) SQL
2 234 (29.07%) Java
3 216 (26.83%) C#
4 99 (12.30%) C++
5 57 (7.08%) Python
6 47 (5.84%) JavaScript
7 46 (5.71%) VBA
8 32 (3.98%) Perl
9 26 (3.23%) Shell Script
9 26 (3.23%) VB
10 20 (2.48%) PL/SQL
11 18 (2.24%) Scala
12 16 (1.99%) Bash Shell
12 16 (1.99%) PowerShell
12 16 (1.99%) T-SQL
13 11 (1.37%) VC++
14 9 (1.12%) Haskell
15 7 (0.87%) C
16 5 (0.62%) MATLAB
17 4 (0.50%) XAML
Qualifications
1 59 (7.33%) Degree
2 28 (3.48%) PhD
3 9 (1.12%) ISEB
4 8 (0.99%) ITIL Certification
5 5 (0.62%) ISTQB
6 3 (0.37%) CCA
6 3 (0.37%) Citrix Certification
7 2 (0.25%) ISTQB Foundation Certification
7 2 (0.25%) PMI Certification
7 2 (0.25%) Security Cleared
8 1 (0.12%) APMP
8 1 (0.12%) PRINCE2 Practitioner
8 1 (0.12%) SC Cleared
Quality Assurance & Compliance
1 56 (6.96%) QA
2 35 (4.35%) MiFID
3 24 (2.98%) Dodd-Frank
4 17 (2.11%) EMIR
5 10 (1.24%) AIFMD
5 10 (1.24%) UCITS
6 7 (0.87%) SLA
7 5 (0.62%) Data Quality
8 4 (0.50%) Basel III
9 3 (0.37%) FATCA
9 3 (0.37%) Solvency II
10 2 (0.25%) COREP
10 2 (0.25%) CRD IV
10 2 (0.25%) Disclosure Scotland
11 1 (0.12%) Sarbanes-Oxley
System Software
1 6 (0.75%) VMware Infrastructure
2 5 (0.62%) Docker
3 3 (0.37%) Active Directory
3 3 (0.37%) VMware ESXi
3 3 (0.37%) XenApp
4 2 (0.25%) Platform Symphony
4 2 (0.25%) VMware ESX
5 1 (0.12%) Apache ZooKeeper
5 1 (0.12%) HDFS
5 1 (0.12%) Hyper-V
5 1 (0.12%) Oracle RAC
5 1 (0.12%) Veritas Cluster Server
Systems Management
1 14 (1.74%) Control-M
2 11 (1.37%) HP Quality Center
3 8 (0.99%) ITRS Geneos
4 6 (0.75%) Nagios
5 4 (0.50%) Ansible
5 4 (0.50%) BladeLogic
5 4 (0.50%) Opscode Chef
5 4 (0.50%) Puppet
5 4 (0.50%) Tivoli
6 3 (0.37%) AppDNA
7 2 (0.25%) Kibana
7 2 (0.25%) logstash
7 2 (0.25%) ZABBIX
8 1 (0.12%) BMC PATROL
8 1 (0.12%) OpenView
Vendors
1 125 (15.53%) Oracle
2 76 (9.44%) Microsoft
3 66 (8.20%) Murex
4 46 (5.71%) Calypso
5 39 (4.84%) Sybase
6 34 (4.22%) Bloomberg
7 25 (3.11%) ION Trading
8 23 (2.86%) DataSynapse
9 15 (1.86%) Fidessa
10 13 (1.61%) TIBCO
11 12 (1.49%) Reuters
12 11 (1.37%) IBM
13 10 (1.24%) VMware
14 9 (1.12%) ServiceNow
14 9 (1.12%) Sophis
15 8 (0.99%) Atlassian
15 8 (0.99%) HP
15 8 (0.99%) OpenLink
15 8 (0.99%) Remedy
16 7 (0.87%) SunGard
City, London
TEKsystems
Rate: £300 - £400 per day
Posted: 2 days ago
London
McGregor Boyall
Rate: £550 - £650 per day + depending on experience
Posted: Yesterday
London
Michael Page Technology
Rate: £450 - £600 per day
Posted: 5 days ago
London
Oliver Bernard
Rate: £500 - £550 per day
Posted: 3 days ago
London
Harvey Nash plc
Rate: £450 - £550 per day
Posted: 4 days ago
London
Data Idols
Rate: From £450 to £550 per day
Posted: Yesterday
City, London
TEKsystems
Rate: £400 - £500 per day
Posted: 5 days ago
City of London
Hays London City Cheapside
Rate: £800.00 - £1000.00 per day
Posted: 26 days ago
London
iKas International
Rate: £600 - £700 per day
Posted: 25 days ago
London
McGregor Boyall
Rate: £600 - £650 per day
Posted: 5 days ago