Period
to 23 January 2019

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 January 2019 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 Jan 2019
Same period 2018 Same period 2017
Rank 170 106 118
Rank change year-on-year -64 +12 -39
Contract jobs citing Derivative 118 217 164
As % of all contract IT jobs advertised in Central London 1.32% 2.47% 2.22%
As % of the Miscellaneous category 3.32% 6.08% 5.76%
Number of daily rates quoted 91 185 135
Central London median daily rate £650 £625 £600
Median daily rate % change year-on-year +4.00% +4.17% +4.35%
10th Percentile £513 £463 £463
90th Percentile £713 £763 £725
London median daily rate £625 £600 £600
% change year-on-year +4.17% - +4.35%
Number of hourly rates quoted 0 0 0
Central London median hourly rate - - -
London median hourly rate £25.30 £80.00 -
% change year-on-year -68.38% - -

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 3,555 3,572 2,846
As % of all contract IT jobs advertised in Central London 39.80% 40.72% 38.47%
Number of daily rates quoted 2,631 2,772 2,137
Central London median daily rate £525 £525 £475
Median daily rate % change year-on-year - +10.53% -
10th Percentile £300 £313 £313
90th Percentile £695 £706 £663
London median daily rate £525 £500 £475
% change year-on-year +5.00% +5.26% +5.56%
Number of hourly rates quoted 57 44 36
Central London median hourly rate £18.70 £22.26 £18.73
Median hourly rate % change year-on-year -15.98% +18.87% -3.97%
10th Percentile £13.19 £12.92 £11.25
90th Percentile £34.64 £38.13 £55.00
London median hourly rate £23.32 £22.26 £21.05
% change year-on-year +4.75% +5.74% +5.25%

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 January 2019.

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 January 2019. 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 -65 107 £650 +4.00% 36
West End of London - 6 £900 -
Derivative
London

For the 6 months to 23 January 2019, 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 75 (63.56%) Front Office
2 67 (56.78%) Agile Software Development
3 64 (54.24%) Java
4 60 (50.85%) Banking
5 53 (44.92%) Equities
6 51 (43.22%) Multithreading
7 38 (32.20%) Finance
8 34 (28.81%) Fixed Income
8 34 (28.81%) Equity Derivative
9 30 (25.42%) Analytics
10 26 (22.03%) Electronic Trading
10 26 (22.03%) Foreign Exchange (FX)
11 25 (21.19%) SQL Server
12 24 (20.34%) C#
13 19 (16.10%) Migration
14 18 (15.25%) Investment Banking
14 18 (15.25%) .NET
14 18 (15.25%) Python
15 17 (14.41%) SQL
16 16 (13.56%) Test Automation
17 15 (12.71%) TDD
18 14 (11.86%) OO
18 14 (11.86%) Microsoft Excel
18 14 (11.86%) Low Latency
19 13 (11.02%) Self-Motivation
19 13 (11.02%) Problem-Solving
20 12 (10.17%) VBA
20 12 (10.17%) Analytical Skills
21 11 (9.32%) TIBCO
21 11 (9.32%) OOD

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 2 (1.69%) Confluence
1 2 (1.69%) WebSphere
2 1 (0.85%) Apache Spark
2 1 (0.85%) Oracle Coherence
Applications
1 14 (11.86%) Microsoft Excel
2 7 (5.93%) Spreadsheet
Business Applications
1 1 (0.85%) Summit
Cloud Services
1 5 (4.24%) Amazon AWS
2 2 (1.69%) Microsoft Azure
Database & Business Intelligence
1 25 (21.19%) SQL Server
2 5 (4.24%) DB2
2 5 (4.24%) SQL Server Integration Services
3 4 (3.39%) Data Warehouse
3 4 (3.39%) KDB
3 4 (3.39%) MS Access
4 2 (1.69%) Kdb+
4 2 (1.69%) MySQL
4 2 (1.69%) RDBMS
4 2 (1.69%) Relational Database
4 2 (1.69%) SQL Server Reporting Services
5 1 (0.85%) Hadoop
5 1 (0.85%) MongoDB
Development Applications
1 9 (7.63%) JIRA
2 8 (6.78%) Maven
3 5 (4.24%) Robot Framework
3 5 (4.24%) Subversion
4 4 (3.39%) Git (software)
4 4 (3.39%) Team Foundation Server
5 3 (2.54%) NUnit
5 3 (2.54%) Visual Studio
6 2 (1.69%) Jenkins
6 2 (1.69%) jMock
6 2 (1.69%) JUnit
6 2 (1.69%) Mockito
6 2 (1.69%) Moq
6 2 (1.69%) Rhino Mocks
6 2 (1.69%) SpecFlow
6 2 (1.69%) TestComplete
7 1 (0.85%) GitLab
7 1 (0.85%) Octopus Deploy
7 1 (0.85%) Selenium
7 1 (0.85%) webpack
General
1 75 (63.56%) Front Office
2 60 (50.85%) Banking
3 38 (32.20%) Finance
4 18 (15.25%) Investment Banking
5 7 (5.93%) Back Office
6 3 (2.54%) Legal
7 2 (1.69%) Financial Institution
Job Titles
1 86 (72.88%) Developer
2 57 (48.31%) Java Developer
3 40 (33.90%) Front Office Developer
4 25 (21.19%) Analyst
5 15 (12.71%) Electronic Trading Developer
5 15 (12.71%) Electronic Trading Java Developer
6 14 (11.86%) Business Analyst
7 13 (11.02%) Senior Developer
8 9 (7.63%) C# Developer
9 7 (5.93%) VBA Developer
10 6 (5.08%) Python Developer
11 5 (4.24%) .NET Developer
11 5 (4.24%) C# .NET Developer
11 5 (4.24%) Senior Java Developer
12 4 (3.39%) Front Office Business Analyst
12 4 (3.39%) Java Pricing Developer
12 4 (3.39%) Pricing Developer
12 4 (3.39%) Test Analyst
13 3 (2.54%) Analyst Developer
13 3 (2.54%) SQL Server Developer
Libraries, Frameworks & Software Standards
1 18 (15.25%) .NET
2 11 (9.32%) JMS
3 10 (8.47%) FIX Protocol
4 9 (7.63%) Middleware
4 9 (7.63%) Rendezvous
5 6 (5.08%) Spring
6 4 (3.39%) ASP.NET Web API
6 4 (3.39%) React
6 4 (3.39%) WPF
6 4 (3.39%) XML
7 3 (2.54%) AngularJS
7 3 (2.54%) RESTful
8 2 (1.69%) HTML5
8 2 (1.69%) JSON
8 2 (1.69%) RabbitMQ
8 2 (1.69%) REST
8 2 (1.69%) SciPy
8 2 (1.69%) Ultra Messaging
8 2 (1.69%) Velocity
8 2 (1.69%) WCF
Miscellaneous
1 53 (44.92%) Equities
2 34 (28.81%) Equity Derivative
2 34 (28.81%) Fixed Income
3 26 (22.03%) Foreign Exchange (FX)
4 13 (11.02%) Self-Motivation
5 12 (10.17%) Analytical Skills
6 9 (7.63%) Greenfield Project
6 9 (7.63%) Hedge funds
7 6 (5.08%) Credit Derivative
7 6 (5.08%) OTC Derivatives
8 3 (2.54%) Interest Rate Derivative
9 2 (1.69%) Analytical Mindset
9 2 (1.69%) Fintech
9 2 (1.69%) Reference Data
10 1 (0.85%) Algorithms
10 1 (0.85%) Client/Server
10 1 (0.85%) Credit Risk
10 1 (0.85%) Data Structures
10 1 (0.85%) Market Risk
Operating Systems
1 3 (2.54%) Linux
Processes & Methodologies
1 67 (56.78%) Agile Software Development
2 51 (43.22%) Multithreading
3 30 (25.42%) Analytics
4 26 (22.03%) Electronic Trading
5 19 (16.10%) Migration
6 16 (13.56%) Test Automation
7 15 (12.71%) TDD
8 14 (11.86%) Low Latency
8 14 (11.86%) OO
9 13 (11.02%) Problem-Solving
10 11 (9.32%) Asset Management
10 11 (9.32%) OOD
11 10 (8.47%) Risk Management
12 9 (7.63%) Business Analysis
13 8 (6.78%) Computer Science
13 8 (6.78%) Scrum
13 8 (6.78%) SDLC
14 7 (5.93%) Microservices
15 6 (5.08%) Functional Testing
15 6 (5.08%) Unit Testing
Programming Languages
1 64 (54.24%) Java
2 24 (20.34%) C#
3 18 (15.25%) Python
4 17 (14.41%) SQL
5 12 (10.17%) VBA
6 10 (8.47%) Java 8
7 6 (5.08%) JavaScript
8 4 (3.39%) C
8 4 (3.39%) R
8 4 (3.39%) Scala
9 3 (2.54%) C++
9 3 (2.54%) Kotlin
10 2 (1.69%) ES6
10 2 (1.69%) TypeScript
10 2 (1.69%) VB
11 1 (0.85%) Haskell
11 1 (0.85%) Perl
11 1 (0.85%) Shell Script
Qualifications
1 6 (5.08%) Degree
2 3 (2.54%) ISTQB
3 1 (0.85%) Computer Science Degree
3 1 (0.85%) PRINCE2 Certification
Quality Assurance & Compliance
1 2 (1.69%) Data Quality
1 2 (1.69%) MiFID
1 2 (1.69%) QA
2 1 (0.85%) Dodd-Frank
2 1 (0.85%) EMIR
2 1 (0.85%) PMO
2 1 (0.85%) SLA
System Software
1 1 (0.85%) Active Directory
Systems Management
1 3 (2.54%) HP ALM
2 2 (1.69%) Kubernetes
3 1 (0.85%) HP Quality Center
Vendors
1 11 (9.32%) FXall
1 11 (9.32%) TIBCO
2 8 (6.78%) Bloomberg
3 6 (5.08%) Oracle
4 5 (4.24%) Microsoft
4 5 (4.24%) Tableau
5 4 (3.39%) FactSet
6 3 (2.54%) Sybase
7 2 (1.69%) Charles River
7 2 (1.69%) Informatica
7 2 (1.69%) ION Trading
7 2 (1.69%) Solace
8 1 (0.85%) Avaloq
8 1 (0.85%) Calypso
8 1 (0.85%) Fidessa
8 1 (0.85%) HP
8 1 (0.85%) Murex
8 1 (0.85%) Portware
8 1 (0.85%) Tradeweb