Period
to

The table below looks at the prevalence of the term Derivative in contract job vacancies advertised in Central London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Derivative over the 6 months to 23 May 2022 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Derivatives
London > Central London
6 months to
23 May 2022
Same period 2021 Same period 2020
Rank 126 76 138
Rank change year-on-year -50 +62 +69
Contract jobs citing Derivative 65 90 35
As % of all contract jobs advertised in Central London 1.46% 2.91% 0.90%
As % of the Miscellaneous category 4.38% 7.56% 2.79%
Number of daily rates quoted 43 69 30
10th Percentile £513 £450 £470
25th Percentile £556 £538 £508
Median daily rate (50th Percentile) £700 £613 £610
Median % change year-on-year +14.29% +0.41% -6.15%
75th Percentile £751 £688 £688
90th Percentile £838 £781 £738
London median daily rate £675 £613 £650
% change year-on-year +10.20% -5.77% -

Derivative is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Central London with a requirement for generic IT skills.

All Generic Skills
Central London
Contract vacancies with a requirement for generic IT skills 1,484 1,191 1,253
As % of all contract IT jobs advertised in Central London 33.36% 38.46% 32.12%
Number of daily rates quoted 1,084 814 916
10th Percentile £400 £355 £303
25th Percentile £480 £450 £413
Median daily rate (50th Percentile) £575 £550 £500
Median % change year-on-year +4.55% +10.00% -4.76%
75th Percentile £700 £650 £614
90th Percentile £805 £738 £688
London median daily rate £600 £545 £525
% change year-on-year +10.09% +3.81% -
Number of hourly rates quoted 26 24 40
10th Percentile £18.50 £8.00 £12.42
25th Percentile £39.25 £12.38 £15.00
Median hourly rate £48.00 £18.99 £29.88
Median % change year-on-year +152.80% -36.44% +53.21%
75th Percentile £61.00 £27.75 £41.44
90th Percentile £64.13 £41.28 £52.33
London median hourly rate £43.75 £32.00 £32.25
% change year-on-year +36.72% -0.78% +29.00%

Derivative
Job Vacancy Trend in Central London

Job postings citing Derivative as a proportion of all IT jobs advertised in Central London.

Job vacancy trend for Derivative in Central London

Derivative
Contractor Daily Rate Trend in Central London

3-month moving average daily rate quoted in jobs citing Derivative in Central London.

Daily rate trend for Derivative in Central London

Derivative
Daily Rate Histogram in Central London

Daily rate distribution for jobs citing Derivative in Central London over the 6 months to 23 May 2022.

Daily rate histogram for Derivative in Central London

Derivative
Contractor Hourly Rate Trend in Central London

3-month moving average hourly rates quoted in jobs citing Derivative in Central London.

Hourly rate trend for Derivative in Central London

Derivative
Contract Job Locations in Central 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 Central London region over the 6 months to 23 May 2022. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
City of London -54 65 £700 +14.29% 19
Derivative
London

For the 6 months to 23 May 2022, IT contractor jobs citing Derivative also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Central London region with a requirement for Derivative.

1 35 (53.85%) Finance
2 30 (46.15%) Banking
3 25 (38.46%) Front Office
4 22 (33.85%) SQL
5 20 (30.77%) Foreign Exchange (FX)
6 19 (29.23%) Java
6 19 (29.23%) Investment Banking
7 18 (27.69%) Python
8 17 (26.15%) Social Skills
9 15 (23.08%) Agile
10 14 (21.54%) Analytics
11 12 (18.46%) Linux
11 12 (18.46%) C#
12 11 (16.92%) SQL Server
12 11 (16.92%) User Acceptance Testing
12 11 (16.92%) Electronic Trading
12 11 (16.92%) AWS
13 10 (15.38%) Fintech
13 10 (15.38%) Computer Science
13 10 (15.38%) Equities
14 9 (13.85%) C++
14 9 (13.85%) Problem-Solving
15 8 (12.31%) Azure
15 8 (12.31%) NoSQL
15 8 (12.31%) DevOps
15 8 (12.31%) Management Information System
15 8 (12.31%) Multithreading
16 7 (10.77%) JIRA
16 7 (10.77%) Mathematics
16 7 (10.77%) Risk Management

Derivative
Co-occurring IT Skills in Central 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 5 (7.69%) Apache Airflow
1 5 (7.69%) Apache Spark
1 5 (7.69%) Luigi
2 1 (1.54%) Apache
2 1 (1.54%) IIS
2 1 (1.54%) Tomcat
Applications
1 5 (7.69%) MS Visio
2 2 (3.08%) Microsoft Excel
3 1 (1.54%) Microsoft Office
3 1 (1.54%) Microsoft PowerPoint
3 1 (1.54%) Microsoft Project
3 1 (1.54%) Spreadsheet
Cloud Services
1 11 (16.92%) AWS
2 8 (12.31%) Azure
3 5 (7.69%) Amazon EC2
3 5 (7.69%) Amazon EMR
3 5 (7.69%) Amazon SQS
3 5 (7.69%) GCP
Communications & Networking
1 1 (1.54%) Kerberos
1 1 (1.54%) TCP/IP
Database & Business Intelligence
1 11 (16.92%) SQL Server
2 8 (12.31%) NoSQL
3 7 (10.77%) Big Data
4 5 (7.69%) Amazon Athena
4 5 (7.69%) Amazon RDS
4 5 (7.69%) Amazon Redshift
4 5 (7.69%) Apache Cassandra
4 5 (7.69%) Hadoop
4 5 (7.69%) MySQL
4 5 (7.69%) Presto
5 2 (3.08%) Couchbase
5 2 (3.08%) Oracle Database
5 2 (3.08%) SQL Server Integration Services
6 1 (1.54%) Azure SQL Data Warehouse
6 1 (1.54%) ClickHouse
6 1 (1.54%) Data Warehouse
6 1 (1.54%) Tableau
Development Applications
1 7 (10.77%) JIRA
2 3 (4.62%) TeamCity
3 2 (3.08%) Bitbucket
4 1 (1.54%) FitNesse
4 1 (1.54%) Git (software)
4 1 (1.54%) JUnit
4 1 (1.54%) SpecFlow
4 1 (1.54%) Team Foundation Server
4 1 (1.54%) Visual Studio
General
1 35 (53.85%) Finance
2 30 (46.15%) Banking
3 25 (38.46%) Front Office
4 19 (29.23%) Investment Banking
5 17 (26.15%) Social Skills
6 6 (9.23%) Analytical Skills
7 4 (6.15%) Back Office
7 4 (6.15%) International Banking
8 2 (3.08%) Advertising
8 2 (3.08%) Legal
9 1 (1.54%) Financial Institution
9 1 (1.54%) Presentation Skills
9 1 (1.54%) Prime Brokerage
9 1 (1.54%) Synthetic Prime Brokerage
Job Titles
1 35 (53.85%) Developer
2 21 (32.31%) Analyst
3 13 (20.00%) Business Analyst
4 9 (13.85%) Java Developer
4 9 (13.85%) Python Developer
5 7 (10.77%) Front Office Developer
6 6 (9.23%) Python Developer - Fintech
6 6 (9.23%) Quantitative Developer
7 5 (7.69%) Big Data Engineer
7 5 (7.69%) Data Engineer
7 5 (7.69%) Hadoop Engineer
7 5 (7.69%) Qualitative Analyst
7 5 (7.69%) Quantitative Analyst
8 4 (6.15%) Analyst Developer
8 4 (6.15%) Applications Support
8 4 (6.15%) Applications Support Analyst
8 4 (6.15%) Operations Analyst
8 4 (6.15%) Operations Business Analyst
8 4 (6.15%) Report Analyst
8 4 (6.15%) Support Analyst
Libraries, Frameworks & Software Standards
1 7 (10.77%) XML
2 6 (9.23%) FIX Protocol
2 6 (9.23%) Murex Flex
2 6 (9.23%) SQLAlchemy
3 5 (7.69%) Kafka
4 4 (6.15%) .NET
5 3 (4.62%) AngularJS
5 3 (4.62%) React
6 2 (3.08%) HTML
6 2 (3.08%) REST
6 2 (3.08%) Spring Boot
6 2 (3.08%) WCF
6 2 (3.08%) WinForms
6 2 (3.08%) WPF
6 2 (3.08%) XSLT
7 1 (1.54%) FastAPI
7 1 (1.54%) LDAP
7 1 (1.54%) Middleware
7 1 (1.54%) Spring
Miscellaneous
1 20 (30.77%) Foreign Exchange (FX)
2 10 (15.38%) Equities
3 8 (12.31%) Management Information System
4 5 (7.69%) Equity Derivative
4 5 (7.69%) Linux Command Line
4 5 (7.69%) Market Risk
5 4 (6.15%) Fixed Income
5 4 (6.15%) Hedge funds
5 4 (6.15%) OTC Derivatives
6 3 (4.62%) Credit Derivative
7 2 (3.08%) Algorithms
7 2 (3.08%) Credit Risk
7 2 (3.08%) Data Structures
7 2 (3.08%) Exotic Derivative
7 2 (3.08%) Replication
8 1 (1.54%) Equity Risk
8 1 (1.54%) Greenfield Project
8 1 (1.54%) Interest Rate Derivative
8 1 (1.54%) User Experience
Operating Systems
1 12 (18.46%) Linux
2 7 (10.77%) Unix
2 7 (10.77%) Windows
3 1 (1.54%) Debian
3 1 (1.54%) Red Hat Enterprise Linux
3 1 (1.54%) SUSE
3 1 (1.54%) Windows Server
Processes & Methodologies
1 15 (23.08%) Agile
2 14 (21.54%) Analytics
3 11 (16.92%) Electronic Trading
3 11 (16.92%) User Acceptance Testing
4 10 (15.38%) Computer Science
4 10 (15.38%) Fintech
5 9 (13.85%) Problem-Solving
6 8 (12.31%) DevOps
6 8 (12.31%) Multithreading
7 7 (10.77%) Mathematics
7 7 (10.77%) Risk Management
8 6 (9.23%) Data Analytics
8 6 (9.23%) SDLC
8 6 (9.23%) Technical Debt
9 5 (7.69%) Actionable Insight
9 5 (7.69%) Customer Acquisition
9 5 (7.69%) Data Pipeline
9 5 (7.69%) Multithreaded Programming
9 5 (7.69%) Process Improvement
9 5 (7.69%) Workshop Facilitation
Programming Languages
1 22 (33.85%) SQL
2 19 (29.23%) Java
3 18 (27.69%) Python
4 12 (18.46%) C#
5 9 (13.85%) C++
6 5 (7.69%) Scala
7 3 (4.62%) JavaScript
8 2 (3.08%) VC++
9 1 (1.54%) VBA
Qualifications
1 6 (9.23%) Degree
2 3 (4.62%) Computer Science Degree
3 1 (1.54%) PhD
3 1 (1.54%) PMI Certification
3 1 (1.54%) PMP
Quality Assurance & Compliance
1 3 (4.62%) EMIR
1 3 (4.62%) MiFID
1 3 (4.62%) QA
2 1 (1.54%) PMO
System Software
1 2 (3.08%) Docker
Systems Management
1 2 (3.08%) Kubernetes
2 1 (1.54%) Ansible
Vendors
1 7 (10.77%) Murex
2 4 (6.15%) IBM
2 4 (6.15%) Oracle
3 3 (4.62%) Bloomberg
3 3 (4.62%) Fidessa
4 2 (3.08%) DevExpress
4 2 (3.08%) Sybase
5 1 (1.54%) Microsoft
5 1 (1.54%) Red Hat