Period
to 18 July 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 18 July 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
18 Jul 2018
Same period 2017 Same period 2016
Rank 143 90 96
Rank change year-on-year -53 +6 -12
Contract jobs citing Derivative 181 203 210
As % of all contract IT jobs advertised in Central London 1.94% 2.67% 2.50%
As % of the Miscellaneous category 4.64% 6.53% 6.38%
Number of daily rates quoted 154 161 191
Central London median daily rate £625 £600 £550
Median daily rate % change year-on-year +4.17% +9.09% -4.35%
10th Percentile £475 £450 £425
90th Percentile £775 £713 £663
London median daily rate £625 £600 £575
% change year-on-year +4.17% +4.35% +1.55%
Number of hourly rates quoted 0 0 2
Central London median hourly rate - - £65.00
London median hourly rate - £52.50 £65.00
% change year-on-year - -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 3,897 3,110 3,292
As % of all contract IT jobs advertised in Central London 41.87% 40.87% 39.15%
Number of daily rates quoted 2,968 2,337 2,630
Central London median daily rate £525 £500 £475
Median daily rate % change year-on-year +5.00% +5.26% +5.56%
10th Percentile £319 £300 £300
90th Percentile £713 £675 £669
London median daily rate £510 £500 £475
% change year-on-year +2.00% +5.26% +5.56%
Number of hourly rates quoted 62 37 45
Central London median hourly rate £20.00 £17.00 £19.00
Median hourly rate % change year-on-year +17.65% -10.53% -7.07%
10th Percentile £12.50 £12.45 £11.25
90th Percentile £43.58 £29.86 £53.50
London median hourly rate £22.50 £21.95 £20.16
% change year-on-year +2.51% +8.91% +1.73%

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 18 July 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 18 July 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 -27 165 £638 +6.25% 40
Camden - 1 £445 -
Derivative
London

For the 6 months to 18 July 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 84 (46.41%) Front Office
2 75 (41.44%) Java
3 74 (40.88%) Finance
4 67 (37.02%) Banking
5 57 (31.49%) Agile Software Development
6 54 (29.83%) Equity Derivative
7 52 (28.73%) C#
8 50 (27.62%) SQL
9 43 (23.76%) Fixed Income
10 42 (23.20%) Investment Banking
11 39 (21.55%) Python
12 35 (19.34%) Low Latency
13 33 (18.23%) Foreign Exchange (FX)
14 32 (17.68%) Equities
15 31 (17.13%) TDD
16 30 (16.57%) C++
16 30 (16.57%) SQL Server
17 29 (16.02%) Multithreading
18 25 (13.81%) .NET
18 25 (13.81%) Java 8
19 21 (11.60%) VBA
19 21 (11.60%) Electronic Trading
19 21 (11.60%) Problem-Solving
20 20 (11.05%) HTML
20 20 (11.05%) OO
21 19 (10.50%) Migration
21 19 (10.50%) Risk Management
22 18 (9.94%) Microsoft Excel
22 18 (9.94%) JavaScript
23 17 (9.39%) SDLC

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 (1.66%) Elasticsearch
1 3 (1.66%) Tomcat
2 2 (1.10%) Apache Solr
2 2 (1.10%) Apache Spark
2 2 (1.10%) IBM HTTP Server
3 1 (0.55%) IIS
3 1 (0.55%) WebSphere
3 1 (0.55%) WebSphere Application Server
Applications
1 18 (9.94%) Microsoft Excel
2 5 (2.76%) Spreadsheet
Business Applications
1 3 (1.66%) Markit EDM
1 3 (1.66%) Orchestrade
1 3 (1.66%) RMDS
2 2 (1.10%) Summit
3 1 (0.55%) Bloomberg TOMS
3 1 (0.55%) BusinessWorks
3 1 (0.55%) ION MarketView
3 1 (0.55%) SAP FI-GL
3 1 (0.55%) Sentinel
Cloud Services
1 5 (2.76%) Amazon AWS
2 3 (1.66%) Cloud Computing
2 3 (1.66%) Microsoft Azure
3 2 (1.10%) GitHub
3 2 (1.10%) npm
4 1 (0.55%) CloudFront
4 1 (0.55%) Fastly
Communications & Networking
1 2 (1.10%) BIG-IP
2 1 (0.55%) Firewall
2 1 (0.55%) HTTP
2 1 (0.55%) Multicast
2 1 (0.55%) SSL
2 1 (0.55%) TCP/IP
Database & Business Intelligence
1 30 (16.57%) SQL Server
2 12 (6.63%) Relational Database
3 8 (4.42%) MongoDB
3 8 (4.42%) RDBMS
4 6 (3.31%) NoSQL
5 4 (2.21%) KDB
6 3 (1.66%) Apache Cassandra
6 3 (1.66%) MySQL
6 3 (1.66%) SQL Server Reporting Services
7 2 (1.10%) DB2
7 2 (1.10%) HBase
7 2 (1.10%) MS Access
7 2 (1.10%) Oracle Database
7 2 (1.10%) Oracle Database 10g
7 2 (1.10%) Oracle Database 11g
7 2 (1.10%) Riak
7 2 (1.10%) SQL Server 2008
7 2 (1.10%) SQL Server Integration Services
8 1 (0.55%) Blockchain
8 1 (0.55%) Kdb+
Development Applications
1 9 (4.97%) Maven
2 7 (3.87%) Git (software)
2 7 (3.87%) Jenkins
2 7 (3.87%) JIRA
3 5 (2.76%) Cucumber
3 5 (2.76%) TestComplete
3 5 (2.76%) Visual Studio
4 4 (2.21%) Subversion
4 4 (2.21%) Team Foundation Server
5 3 (1.66%) NUnit
5 3 (1.66%) SpecFlow
6 2 (1.10%) gulp
6 2 (1.10%) Moq
6 2 (1.10%) MSTest
6 2 (1.10%) Octopus Deploy
6 2 (1.10%) Rhino Mocks
6 2 (1.10%) Selenium
6 2 (1.10%) SoapUI
7 1 (0.55%) GitLab
7 1 (0.55%) Robot Framework
General
1 84 (46.41%) Front Office
2 74 (40.88%) Finance
3 67 (37.02%) Banking
4 42 (23.20%) Investment Banking
5 4 (2.21%) Back Office
5 4 (2.21%) Telecoms
6 3 (1.66%) Prime Brokerage
7 2 (1.10%) Legal
8 1 (0.55%) Financial Institution
8 1 (0.55%) French Language
8 1 (0.55%) General Ledger
8 1 (0.55%) Retail
8 1 (0.55%) Spanish Language
Job Titles
1 126 (69.61%) Developer
2 55 (30.39%) Java Developer
3 37 (20.44%) Front Office Developer
4 31 (17.13%) Analyst
5 24 (13.26%) C# Developer
6 20 (11.05%) Quantitative Developer
7 18 (9.94%) Senior Developer
8 14 (7.73%) Python Developer
9 11 (6.08%) Business Analyst
10 9 (4.97%) .NET Developer
10 9 (4.97%) Analyst Developer
10 9 (4.97%) C# .NET Developer
10 9 (4.97%) VBA Developer
11 8 (4.42%) Agile Developer
11 8 (4.42%) Agile Java Developer
11 8 (4.42%) Qualitative Analyst
11 8 (4.42%) Quantitative Analyst
11 8 (4.42%) Senior Java Developer
12 7 (3.87%) C++ Developer
12 7 (3.87%) SQL Developer
Libraries, Frameworks & Software Standards
1 25 (13.81%) .NET
2 20 (11.05%) HTML
3 15 (8.29%) AngularJS
3 15 (8.29%) FIX Protocol
4 13 (7.18%) HTML5
5 10 (5.52%) WPF
6 9 (4.97%) React
7 7 (3.87%) WCF
8 6 (3.31%) CSS
8 6 (3.31%) REST
8 6 (3.31%) Spring
8 6 (3.31%) XML
9 5 (2.76%) JSON
9 5 (2.76%) Middleware
9 5 (2.76%) WinForms
10 4 (2.21%) .NET Framework
10 4 (2.21%) Gherkin
11 3 (1.66%) JMS
11 3 (1.66%) Node.js
11 3 (1.66%) Rendezvous
Miscellaneous
1 54 (29.83%) Equity Derivative
2 43 (23.76%) Fixed Income
3 33 (18.23%) Foreign Exchange (FX)
4 32 (17.68%) Equities
5 14 (7.73%) Analytical Skills
6 12 (6.63%) OTC Derivatives
7 10 (5.52%) Credit Derivative
7 10 (5.52%) Interest Rate Derivative
8 7 (3.87%) Algorithms
9 6 (3.31%) Greenfield Project
10 5 (2.76%) Reference Data
11 4 (2.21%) Self-Motivation
12 3 (1.66%) Fintech
12 3 (1.66%) Market Risk
13 2 (1.10%) Computer Science
13 2 (1.10%) Credit Risk
13 2 (1.10%) Enterprise Software
13 2 (1.10%) Fat Client
13 2 (1.10%) N-Tier
13 2 (1.10%) Thin Client
Operating Systems
1 13 (7.18%) Windows
2 8 (4.42%) Linux
2 8 (4.42%) Unix
3 3 (1.66%) Windows Server
Processes & Methodologies
1 57 (31.49%) Agile Software Development
2 35 (19.34%) Low Latency
3 31 (17.13%) TDD
4 29 (16.02%) Multithreading
5 21 (11.60%) Electronic Trading
5 21 (11.60%) Problem-Solving
6 20 (11.05%) OO
7 19 (10.50%) Migration
7 19 (10.50%) Risk Management
8 17 (9.39%) SDLC
9 15 (8.29%) Asset Management
10 13 (7.18%) BDD
10 13 (7.18%) Test Automation
11 12 (6.63%) Algorithmic Trading
11 12 (6.63%) Market Making
11 12 (6.63%) OOP
11 12 (6.63%) Unit Testing
12 11 (6.08%) Analytics
12 11 (6.08%) Microservices
12 11 (6.08%) Quantitative Finance
Programming Languages
1 75 (41.44%) Java
2 52 (28.73%) C#
3 50 (27.62%) SQL
4 39 (21.55%) Python
5 30 (16.57%) C++
6 25 (13.81%) Java 8
7 21 (11.60%) VBA
8 18 (9.94%) JavaScript
9 17 (9.39%) Scala
10 12 (6.63%) Kotlin
11 7 (3.87%) T-SQL
12 5 (2.76%) Ada
12 5 (2.76%) C
12 5 (2.76%) R
13 3 (1.66%) Clojure
13 3 (1.66%) PL/SQL
13 3 (1.66%) PowerShell
13 3 (1.66%) TypeScript
13 3 (1.66%) VB.NET
14 2 (1.10%) VBScript
Qualifications
1 5 (2.76%) Degree
1 5 (2.76%) PhD
2 3 (1.66%) PRINCE2 Certification
3 1 (0.55%) Computer Science Degree
3 1 (0.55%) ISTQB
3 1 (0.55%) Numerate Degree
Quality Assurance & Compliance
1 10 (5.52%) QA
2 8 (4.42%) MiFID
3 3 (1.66%) EMIR
4 2 (1.10%) Dodd-Frank
4 2 (1.10%) PMO
5 1 (0.55%) COREP
System Software
1 5 (2.76%) Docker
Systems Management
1 9 (4.97%) Control-M
2 2 (1.10%) Ansible
2 2 (1.10%) HP ALM
2 2 (1.10%) HP Quality Center
2 2 (1.10%) ITRS Geneos
2 2 (1.10%) Kubernetes
3 1 (0.55%) BladeLogic
3 1 (0.55%) CA Spectrum
3 1 (0.55%) Kibana
3 1 (0.55%) logstash
Vendors
1 14 (7.73%) Oracle
2 9 (4.97%) Microsoft
3 8 (4.42%) Sybase
4 6 (3.31%) Bloomberg
4 6 (3.31%) Charles River
4 6 (3.31%) TIBCO
5 4 (2.21%) Calypso
5 4 (2.21%) Murex
6 3 (1.66%) F5
6 3 (1.66%) Informatica
6 3 (1.66%) Solace
6 3 (1.66%) Tableau
7 2 (1.10%) Currenex
7 2 (1.10%) FactSet
7 2 (1.10%) HP
7 2 (1.10%) RedGate
7 2 (1.10%) Remedy
7 2 (1.10%) Sophis
8 1 (0.55%) BMC
8 1 (0.55%) CA