Period
to 23 September 2018

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 September 2018 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 Sep 2018
Same period 2017 Same period 2016
Rank 160 80 121
Rank change year-on-year -80 +41 -27
Contract jobs citing Derivative 135 242 161
As % of all contract IT jobs advertised in Central London 1.51% 3.04% 1.96%
As % of the Miscellaneous category 3.61% 7.24% 4.83%
Number of daily rates quoted 109 199 148
Central London median daily rate £620 £600 £550
Median daily rate % change year-on-year +3.33% +9.09% -4.35%
10th Percentile £485 £450 £425
90th Percentile £775 £725 £688
London median daily rate £620 £600 £575
% change year-on-year +3.33% +4.35% -
Number of hourly rates quoted 0 0 2
Central London median hourly rate - - £65.00
London median hourly rate £16.50 £52.50 £65.00
% change year-on-year -68.57% -19.23% +282.35%

Derivative is in the Generic IT 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 IT Skills
Central London
Contract vacancies with a requirement for generic IT skills 3,740 3,341 3,332
As % of all contract IT jobs advertised in Central London 41.78% 42.03% 40.53%
Number of daily rates quoted 2,855 2,496 2,637
Central London median daily rate £525 £525 £475
Median daily rate % change year-on-year - +10.53% +5.56%
10th Percentile £313 £313 £302
90th Percentile £700 £688 £653
London median daily rate £520 £500 £475
% change year-on-year +4.00% +5.26% +5.56%
Number of hourly rates quoted 63 41 33
Central London median hourly rate £19.25 £19.00 £17.50
Median hourly rate % change year-on-year +1.32% +8.57% -16.67%
10th Percentile £13.23 £12.52 £11.25
90th Percentile £36.42 £33.25 £69.00
London median hourly rate £24.00 £21.90 £19.23
% change year-on-year +9.59% +13.88% -1.38%

Derivative
Job Vacancy Trend in Central London

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

Job vacancy trend for Derivative in Central London

Derivative
Contractor Daily Rate Trend in Central London

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

Contractor daily rate trend for Derivative in Central London

Derivative
Contractor Daily Rate Histogram in Central London

The daily rate distribution of IT jobs citing Derivative in Central London over the 6 months to 23 September 2018.

Contractor daily rate histogram for Derivative in Central London

Derivative
Contractor Hourly Rate Trend in Central London

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

Contractor 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 September 2018. 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
Job
Vacancies
City of London -58 130 £616 +2.71% 34
Derivative
London

For the 6 months to 23 September 2018, 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 60 (44.44%) Front Office
2 58 (42.96%) Java
3 57 (42.22%) Finance
4 53 (39.26%) Agile Software Development
5 41 (30.37%) Banking
6 40 (29.63%) C#
7 37 (27.41%) Fixed Income
8 36 (26.67%) Equities
9 33 (24.44%) SQL Server
9 33 (24.44%) Equity Derivative
10 32 (23.70%) SQL
11 30 (22.22%) Python
12 29 (21.48%) TDD
13 27 (20.00%) Foreign Exchange (FX)
14 25 (18.52%) Multithreading
15 23 (17.04%) Low Latency
16 21 (15.56%) Investment Banking
17 20 (14.81%) Asset Management
17 20 (14.81%) Electronic Trading
17 20 (14.81%) SDLC
18 19 (14.07%) .NET
19 18 (13.33%) Problem-Solving
20 17 (12.59%) OO
21 15 (11.11%) Test Automation
21 15 (11.11%) Migration
21 15 (11.11%) C++
22 14 (10.37%) HTML
22 14 (10.37%) JavaScript
22 14 (10.37%) VBA
22 14 (10.37%) FIX Protocol

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 3 (2.22%) Apache Spark
1 3 (2.22%) Elasticsearch
2 2 (1.48%) Apache Solr
2 2 (1.48%) Tomcat
3 1 (0.74%) Oracle Coherence
Applications
1 13 (9.63%) Microsoft Excel
2 3 (2.22%) Spreadsheet
Business Applications
1 1 (0.74%) ION MarketView
1 1 (0.74%) Markit EDM
1 1 (0.74%) Sentinel
1 1 (0.74%) Summit
Cloud Services
1 7 (5.19%) Amazon AWS
2 3 (2.22%) Cloud Computing
2 3 (2.22%) GitHub
2 3 (2.22%) Microsoft Azure
3 1 (0.74%) CloudFront
3 1 (0.74%) Fastly
Communications & Networking
1 2 (1.48%) BIG-IP
Database & Business Intelligence
1 33 (24.44%) SQL Server
2 13 (9.63%) Relational Database
3 9 (6.67%) RDBMS
4 8 (5.93%) MongoDB
5 6 (4.44%) KDB
5 6 (4.44%) NoSQL
6 5 (3.70%) DB2
6 5 (3.70%) MySQL
6 5 (3.70%) SQL Server Integration Services
7 2 (1.48%) Apache Cassandra
7 2 (1.48%) Data Warehouse
7 2 (1.48%) HBase
7 2 (1.48%) Kdb+
7 2 (1.48%) MS Access
7 2 (1.48%) Oracle Database
7 2 (1.48%) Oracle Database 10g
7 2 (1.48%) Oracle Database 11g
7 2 (1.48%) Riak
7 2 (1.48%) SQL Server Reporting Services
8 1 (0.74%) Amazon Aurora
Development Applications
1 11 (8.15%) Maven
2 9 (6.67%) Git (software)
2 9 (6.67%) Jenkins
3 6 (4.44%) Cucumber
3 6 (4.44%) JIRA
3 6 (4.44%) Subversion
4 5 (3.70%) SpecFlow
4 5 (3.70%) Team Foundation Server
5 4 (2.96%) Moq
5 4 (2.96%) NUnit
5 4 (2.96%) Rhino Mocks
5 4 (2.96%) Robot Framework
5 4 (2.96%) TestComplete
5 4 (2.96%) Visual Studio
6 3 (2.22%) JUnit
6 3 (2.22%) Mockito
7 2 (1.48%) GitLab
7 2 (1.48%) Octopus Deploy
7 2 (1.48%) Selenium
7 2 (1.48%) SoapUI
General
1 60 (44.44%) Front Office
2 57 (42.22%) Finance
3 41 (30.37%) Banking
4 21 (15.56%) Investment Banking
5 5 (3.70%) Back Office
6 3 (2.22%) Legal
6 3 (2.22%) Telecoms
7 2 (1.48%) Financial Institution
7 2 (1.48%) Prime Brokerage
Job Titles
1 92 (68.15%) Developer
2 37 (27.41%) Java Developer
3 26 (19.26%) Analyst
3 26 (19.26%) C# Developer
4 24 (17.78%) Senior Developer
5 18 (13.33%) Front Office Developer
6 16 (11.85%) Business Analyst
6 16 (11.85%) Python Developer
7 11 (8.15%) .NET Developer
7 11 (8.15%) C# .NET Developer
8 10 (7.41%) Senior Java Developer
9 9 (6.67%) SQL Developer
10 8 (5.93%) Quantitative Developer
11 6 (4.44%) Agile Developer
11 6 (4.44%) Agile Java Developer
11 6 (4.44%) Analyst Developer
11 6 (4.44%) Senior C# Developer
11 6 (4.44%) VBA Developer
12 5 (3.70%) C# Quant Developer
12 5 (3.70%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 19 (14.07%) .NET
2 14 (10.37%) FIX Protocol
2 14 (10.37%) HTML
3 12 (8.89%) AngularJS
4 11 (8.15%) HTML5
5 9 (6.67%) JMS
6 8 (5.93%) Middleware
6 8 (5.93%) Spring
7 7 (5.19%) React
7 7 (5.19%) WPF
8 6 (4.44%) REST
8 6 (4.44%) WCF
9 5 (3.70%) NumPy
9 5 (3.70%) RabbitMQ
9 5 (3.70%) Rendezvous
9 5 (3.70%) SciPy
10 4 (2.96%) ActiveMQ
10 4 (2.96%) FpML
10 4 (2.96%) Gherkin
10 4 (2.96%) JSON
Miscellaneous
1 37 (27.41%) Fixed Income
2 36 (26.67%) Equities
3 33 (24.44%) Equity Derivative
4 27 (20.00%) Foreign Exchange (FX)
5 13 (9.63%) Analytical Skills
6 12 (8.89%) Greenfield Project
7 9 (6.67%) OTC Derivatives
8 8 (5.93%) Interest Rate Derivative
9 7 (5.19%) Computer Science
9 7 (5.19%) Self-Motivation
10 5 (3.70%) Credit Derivative
10 5 (3.70%) Fintech
10 5 (3.70%) Hedge funds
10 5 (3.70%) Reference Data
11 4 (2.96%) Algorithms
12 2 (1.48%) Analytical Mindset
12 2 (1.48%) Enterprise Software
13 1 (0.74%) Data Structures
13 1 (0.74%) Market Risk
13 1 (0.74%) SWIFT
Operating Systems
1 7 (5.19%) Windows
2 4 (2.96%) Linux
2 4 (2.96%) Unix
3 1 (0.74%) Windows Server
Processes & Methodologies
1 53 (39.26%) Agile Software Development
2 29 (21.48%) TDD
3 25 (18.52%) Multithreading
4 23 (17.04%) Low Latency
5 20 (14.81%) Asset Management
5 20 (14.81%) Electronic Trading
5 20 (14.81%) SDLC
6 18 (13.33%) Problem-Solving
7 17 (12.59%) OO
8 15 (11.11%) Migration
8 15 (11.11%) Test Automation
9 13 (9.63%) BDD
9 13 (9.63%) Unit Testing
10 12 (8.89%) Microservices
11 11 (8.15%) Risk Management
11 11 (8.15%) Scrum
12 9 (6.67%) Algorithmic Trading
12 9 (6.67%) Analytics
12 9 (6.67%) Mathematics
12 9 (6.67%) OOD
Programming Languages
1 58 (42.96%) Java
2 40 (29.63%) C#
3 32 (23.70%) SQL
4 30 (22.22%) Python
5 15 (11.11%) C++
6 14 (10.37%) JavaScript
6 14 (10.37%) VBA
7 12 (8.89%) Java 8
7 12 (8.89%) Scala
8 7 (5.19%) C
9 6 (4.44%) Kotlin
9 6 (4.44%) R
9 6 (4.44%) T-SQL
10 3 (2.22%) PowerShell
11 2 (1.48%) Clojure
11 2 (1.48%) TypeScript
11 2 (1.48%) VBScript
12 1 (0.74%) Haskell
12 1 (0.74%) PHP
12 1 (0.74%) VB
Qualifications
1 5 (3.70%) Degree
2 2 (1.48%) ISTQB
2 2 (1.48%) PhD
2 2 (1.48%) PRINCE2 Certification
3 1 (0.74%) Computer Science Degree
Quality Assurance & Compliance
1 8 (5.93%) QA
2 2 (1.48%) MiFID
2 2 (1.48%) PMO
3 1 (0.74%) EMIR
System Software
1 7 (5.19%) Docker
Systems Management
1 5 (3.70%) Control-M
2 4 (2.96%) Kubernetes
3 2 (1.48%) Ansible
3 2 (1.48%) HP ALM
3 2 (1.48%) HP Quality Center
3 2 (1.48%) ITRS Geneos
4 1 (0.74%) Kibana
4 1 (0.74%) logstash
Vendors
1 10 (7.41%) Oracle
1 10 (7.41%) TIBCO
2 7 (5.19%) Sybase
3 6 (4.44%) Microsoft
4 5 (3.70%) Bloomberg
5 4 (2.96%) Tableau
6 3 (2.22%) Charles River
6 3 (2.22%) ION Trading
6 3 (2.22%) Solace
7 2 (1.48%) F5
7 2 (1.48%) FactSet
7 2 (1.48%) HP
7 2 (1.48%) Informatica
7 2 (1.48%) RedGate
8 1 (0.74%) Avaloq
8 1 (0.74%) Currenex
8 1 (0.74%) DevExpress
8 1 (0.74%) Portware
8 1 (0.74%) Reuters
8 1 (0.74%) Tradeweb