Period
to 12 November 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 12 November 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
12 Nov 2018
Same period 2017 Same period 2016
Rank 172 83 123
Rank change year-on-year -89 +40 -34
Contract jobs citing Derivative 131 258 160
As % of all contract IT jobs advertised in Central London 1.44% 3.09% 1.98%
As % of the Miscellaneous category 3.47% 7.21% 4.84%
Number of daily rates quoted 106 208 141
Central London median daily rate £625 £624 £575
Median daily rate % change year-on-year +0.20% +8.48% -
10th Percentile £481 £471 £425
90th Percentile £763 £738 £688
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 £16.50 - -

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 3,770 3,576 3,306
As % of all contract IT jobs advertised in Central London 41.49% 42.84% 40.89%
Number of daily rates quoted 2,888 2,725 2,544
Central London median daily rate £525 £525 £475
Median daily rate % change year-on-year - +10.53% -
10th Percentile £306 £313 £313
90th Percentile £700 £700 £663
London median daily rate £525 £500 £475
% change year-on-year +5.00% +5.26% +5.56%
Number of hourly rates quoted 65 45 38
Central London median hourly rate £19.50 £20.50 £17.38
Median hourly rate % change year-on-year -4.88% +17.99% -10.90%
10th Percentile £13.79 £12.61 £11.25
90th Percentile £35.75 £33.25 £58.00
London median hourly rate £23.69 £21.40 £19.00
% change year-on-year +10.70% +12.63% -5.00%

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 12 November 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 12 November 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 -77 121 £625 - 42
West End of London - 2 £900 - 4
Derivative
London

For the 6 months to 12 November 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 72 (54.96%) Front Office
2 66 (50.38%) Agile Software Development
3 57 (43.51%) Java
4 56 (42.75%) Banking
5 52 (39.69%) Equities
6 48 (36.64%) Finance
7 38 (29.01%) Multithreading
8 37 (28.24%) Fixed Income
8 37 (28.24%) C#
9 34 (25.95%) SQL Server
10 29 (22.14%) Equity Derivative
11 27 (20.61%) TDD
12 26 (19.85%) Python
12 26 (19.85%) Foreign Exchange (FX)
13 25 (19.08%) SQL
14 21 (16.03%) .NET
14 21 (16.03%) Electronic Trading
14 21 (16.03%) Problem-Solving
15 20 (15.27%) Low Latency
15 20 (15.27%) Investment Banking
16 18 (13.74%) Analytics
17 16 (12.21%) Migration
17 16 (12.21%) OO
17 16 (12.21%) Microsoft Excel
17 16 (12.21%) SDLC
18 15 (11.45%) Analytical Skills
18 15 (11.45%) VBA
18 15 (11.45%) JavaScript
18 15 (11.45%) Asset Management
19 14 (10.69%) Unit Testing

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 (2.29%) Apache Spark
2 2 (1.53%) Apache Solr
2 2 (1.53%) Confluence
2 2 (1.53%) Elasticsearch
3 1 (0.76%) Oracle Coherence
Applications
1 16 (12.21%) Microsoft Excel
2 6 (4.58%) Spreadsheet
Business Applications
1 2 (1.53%) Summit
Cloud Services
1 7 (5.34%) Amazon AWS
2 3 (2.29%) GitHub
3 2 (1.53%) Cloud Computing
3 2 (1.53%) Microsoft Azure
4 1 (0.76%) CloudFront
4 1 (0.76%) Fastly
Database & Business Intelligence
1 34 (25.95%) SQL Server
2 11 (8.40%) Relational Database
3 8 (6.11%) RDBMS
4 5 (3.82%) Data Warehouse
4 5 (3.82%) DB2
4 5 (3.82%) KDB
4 5 (3.82%) MongoDB
4 5 (3.82%) MySQL
4 5 (3.82%) NoSQL
4 5 (3.82%) SQL Server Integration Services
5 3 (2.29%) MS Access
6 2 (1.53%) Apache Cassandra
6 2 (1.53%) HBase
6 2 (1.53%) Kdb+
6 2 (1.53%) Riak
6 2 (1.53%) SQL Server Reporting Services
7 1 (0.76%) Amazon Aurora
7 1 (0.76%) Hadoop
Development Applications
1 9 (6.87%) JIRA
1 9 (6.87%) Maven
2 6 (4.58%) Subversion
2 6 (4.58%) Team Foundation Server
3 5 (3.82%) Git (software)
3 5 (3.82%) Jenkins
3 5 (3.82%) SpecFlow
3 5 (3.82%) Visual Studio
4 4 (3.05%) Cucumber
4 4 (3.05%) JUnit
4 4 (3.05%) Mockito
4 4 (3.05%) Moq
4 4 (3.05%) NUnit
4 4 (3.05%) Rhino Mocks
4 4 (3.05%) Robot Framework
4 4 (3.05%) TestComplete
5 2 (1.53%) jMock
5 2 (1.53%) Octopus Deploy
5 2 (1.53%) Selenium
6 1 (0.76%) GitLab
General
1 72 (54.96%) Front Office
2 56 (42.75%) Banking
3 48 (36.64%) Finance
4 20 (15.27%) Investment Banking
5 8 (6.11%) Back Office
6 3 (2.29%) Legal
6 3 (2.29%) Telecoms
7 2 (1.53%) Prime Brokerage
8 1 (0.76%) Financial Institution
Job Titles
1 93 (70.99%) Developer
2 44 (33.59%) Java Developer
3 26 (19.85%) Front Office Developer
4 25 (19.08%) Senior Developer
5 23 (17.56%) Analyst
6 21 (16.03%) C# Developer
7 17 (12.98%) Business Analyst
8 14 (10.69%) Python Developer
9 10 (7.63%) .NET Developer
9 10 (7.63%) C# .NET Developer
10 9 (6.87%) Senior Java Developer
11 6 (4.58%) Agile Developer
11 6 (4.58%) Agile Java Developer
11 6 (4.58%) Electronic Trading Developer
11 6 (4.58%) Electronic Trading Java Developer
11 6 (4.58%) Front Office Business Analyst
11 6 (4.58%) Senior C# Developer
11 6 (4.58%) VBA Developer
12 5 (3.82%) Senior Python Developer
12 5 (3.82%) SQL Developer
Libraries, Frameworks & Software Standards
1 21 (16.03%) .NET
2 12 (9.16%) HTML
3 11 (8.40%) AngularJS
4 10 (7.63%) FIX Protocol
4 10 (7.63%) HTML5
4 10 (7.63%) JMS
5 8 (6.11%) Middleware
5 8 (6.11%) React
6 7 (5.34%) Spring
6 7 (5.34%) WPF
7 6 (4.58%) Rendezvous
8 5 (3.82%) NumPy
8 5 (3.82%) SciPy
8 5 (3.82%) WCF
9 4 (3.05%) ActiveMQ
9 4 (3.05%) ASP.NET Web API
9 4 (3.05%) FpML
9 4 (3.05%) JSON
9 4 (3.05%) RESTful
9 4 (3.05%) XML
Miscellaneous
1 52 (39.69%) Equities
2 37 (28.24%) Fixed Income
3 29 (22.14%) Equity Derivative
4 26 (19.85%) Foreign Exchange (FX)
5 15 (11.45%) Analytical Skills
6 11 (8.40%) Greenfield Project
7 10 (7.63%) Hedge funds
8 9 (6.87%) OTC Derivatives
8 9 (6.87%) Self-Motivation
9 8 (6.11%) Computer Science
10 5 (3.82%) Credit Derivative
10 5 (3.82%) Interest Rate Derivative
11 4 (3.05%) Analytical Mindset
11 4 (3.05%) Fintech
11 4 (3.05%) Reference Data
12 2 (1.53%) Algorithms
12 2 (1.53%) Enterprise Software
12 2 (1.53%) Market Risk
13 1 (0.76%) Credit Risk
13 1 (0.76%) SWIFT
Operating Systems
1 3 (2.29%) Linux
2 2 (1.53%) Unix
2 2 (1.53%) Windows
Processes & Methodologies
1 66 (50.38%) Agile Software Development
2 38 (29.01%) Multithreading
3 27 (20.61%) TDD
4 21 (16.03%) Electronic Trading
4 21 (16.03%) Problem-Solving
5 20 (15.27%) Low Latency
6 18 (13.74%) Analytics
7 16 (12.21%) Migration
7 16 (12.21%) OO
7 16 (12.21%) SDLC
8 15 (11.45%) Asset Management
9 14 (10.69%) Test Automation
9 14 (10.69%) Unit Testing
10 13 (9.92%) Microservices
11 12 (9.16%) Risk Management
12 11 (8.40%) BDD
13 10 (7.63%) OOD
13 10 (7.63%) Scrum
14 8 (6.11%) Business Analysis
14 8 (6.11%) DevOps
Programming Languages
1 57 (43.51%) Java
2 37 (28.24%) C#
3 26 (19.85%) Python
4 25 (19.08%) SQL
5 15 (11.45%) JavaScript
5 15 (11.45%) VBA
6 9 (6.87%) C++
6 9 (6.87%) Java 8
7 8 (6.11%) C
8 5 (3.82%) R
8 5 (3.82%) Scala
9 4 (3.05%) T-SQL
9 4 (3.05%) TypeScript
10 2 (1.53%) Clojure
10 2 (1.53%) ES6
10 2 (1.53%) Kotlin
10 2 (1.53%) PowerShell
10 2 (1.53%) VB
11 1 (0.76%) Haskell
11 1 (0.76%) VBScript
Qualifications
1 4 (3.05%) Degree
1 4 (3.05%) ISTQB
2 1 (0.76%) PRINCE2 Certification
Quality Assurance & Compliance
1 7 (5.34%) QA
2 3 (2.29%) MiFID
3 2 (1.53%) Data Quality
4 1 (0.76%) Dodd-Frank
4 1 (0.76%) EMIR
4 1 (0.76%) PMO
4 1 (0.76%) SLA
System Software
1 4 (3.05%) Docker
2 1 (0.76%) Active Directory
Systems Management
1 4 (3.05%) Kubernetes
2 3 (2.29%) HP ALM
3 2 (1.53%) Control-M
3 2 (1.53%) HP Quality Center
Vendors
1 11 (8.40%) TIBCO
2 8 (6.11%) Oracle
3 7 (5.34%) Bloomberg
4 6 (4.58%) Microsoft
5 5 (3.82%) FXall
5 5 (3.82%) Sybase
5 5 (3.82%) Tableau
6 3 (2.29%) FactSet
7 2 (1.53%) Calypso
7 2 (1.53%) Informatica
7 2 (1.53%) ION Trading
8 1 (0.76%) Avaloq
8 1 (0.76%) Charles River
8 1 (0.76%) Currenex
8 1 (0.76%) Fidessa
8 1 (0.76%) HP
8 1 (0.76%) Murex
8 1 (0.76%) Portware
8 1 (0.76%) Sophis
8 1 (0.76%) Tradeweb