Period
to 27 January 2020

The table below looks at the prevalence of the term Derivative in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Derivative over the 6 months to 27 January 2020 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
Central London > City of London
6 months to
27 Jan 2020
Same period 2019 Same period 2018
Rank 149 147 87
Rank change year-on-year -2 -60 +14
Contract jobs citing Derivative 45 105 201
As % of all contract IT jobs advertised in the City of London 0.92% 1.56% 2.84%
As % of the Miscellaneous category 2.82% 3.98% 6.94%
Number of daily rates quoted 37 82 170
City of London median daily rate £575 £650 £625
Median daily rate % change year-on-year -11.54% +4.00% +4.17%
10th Percentile £400 £526 £463
90th Percentile £738 £710 £763
Central London median daily rate £575 £650 £620
% change year-on-year -11.54% +4.84% +3.33%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

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 the City of London with a requirement for generic IT skills.

All Generic IT Skills
City of London
Contract vacancies with a requirement for generic IT skills 1,594 2,640 2,895
As % of all contract IT jobs advertised in the City of London 32.74% 39.22% 40.90%
Number of daily rates quoted 1,209 1,989 2,285
City of London median daily rate £525 £525 £525
10th Percentile £275 £281 £319
90th Percentile £700 £700 £725
Central London median daily rate £510 £525 £525
% change year-on-year -2.86% - +10.53%
Number of hourly rates quoted 32 52 42
City of London median hourly rate £21.00 £18.70 £24.80
Median hourly rate % change year-on-year +12.30% -24.58% +30.50%
10th Percentile £12.04 £13.03 £12.81
90th Percentile £52.25 £36.68 £45.25
Central London median hourly rate £22.03 £18.70 £22.50
% change year-on-year +17.81% -16.89% +18.42%

Derivative
Job Vacancy Trend in the City of London

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

Job vacancy trend for Derivative in the City of London

Derivative
Contractor Daily Rate Trend in the City of London

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

Contractor daily rate trend for Derivative in the City of London

Derivative
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Derivative in the City of London over the 6 months to 27 January 2020.

Contractor daily rate histogram for Derivative in the City of London

Derivative
Contractor Hourly Rate Trend in the City of London

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

Contractor hourly rate trend for Derivative in the City of London

For the 6 months to 27 January 2020, 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 City of London region with a requirement for Derivative.

1 29 (64.44%) Finance
2 26 (57.78%) Front Office
3 18 (40.00%) Agile Software Development
4 14 (31.11%) Java
4 14 (31.11%) Python
5 13 (28.89%) Banking
6 12 (26.67%) SQL
7 11 (24.44%) QA
7 11 (24.44%) Multithreading
8 10 (22.22%) TeamCity
8 10 (22.22%) JIRA
8 10 (22.22%) Investment Banking
8 10 (22.22%) Equities
8 10 (22.22%) Foreign Exchange (FX)
8 10 (22.22%) Fixed Income
9 9 (20.00%) C#
9 9 (20.00%) C++
9 9 (20.00%) Linux
9 9 (20.00%) Test Automation
10 8 (17.78%) Problem-Solving
10 8 (17.78%) Oracle
11 7 (15.56%) Risk Management
11 7 (15.56%) Subversion
11 7 (15.56%) Mathematics
12 6 (13.33%) Degree
12 6 (13.33%) Financial Institution
12 6 (13.33%) SQL Server
12 6 (13.33%) OTC Derivatives
12 6 (13.33%) Confluence
12 6 (13.33%) Analytics

Derivative
Co-occurring IT Skills in the City of 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 6 (13.33%) Confluence
2 4 (8.89%) Oracle Coherence
3 1 (2.22%) Apache Spark
Applications
1 2 (4.44%) MS Visio
2 1 (2.22%) Microsoft Excel
2 1 (2.22%) Microsoft Office
2 1 (2.22%) Spreadsheet
Business Applications
1 1 (2.22%) Bloomberg TOMS
1 1 (2.22%) FINCAD Analytics
Cloud Services
1 2 (4.44%) Cloud Computing
2 1 (2.22%) Amazon S3
2 1 (2.22%) Amazon SQS
2 1 (2.22%) AWS
2 1 (2.22%) AWS Lambda
2 1 (2.22%) AWS Step Functions
2 1 (2.22%) Serverless
Communications & Networking
1 1 (2.22%) TCP/IP
Database & Business Intelligence
1 6 (13.33%) SQL Server
2 4 (8.89%) MongoDB
2 4 (8.89%) Oracle Database
3 1 (2.22%) Amazon Athena
3 1 (2.22%) Amazon Aurora
3 1 (2.22%) Amazon RDS
3 1 (2.22%) Amazon Redshift
3 1 (2.22%) Data Mining
3 1 (2.22%) Data Warehouse
3 1 (2.22%) Hadoop
3 1 (2.22%) KDB
3 1 (2.22%) MS Access
3 1 (2.22%) NoSQL
3 1 (2.22%) OLAP
3 1 (2.22%) Presto
3 1 (2.22%) QlikView
3 1 (2.22%) Relational Database
Development Applications
1 10 (22.22%) JIRA
1 10 (22.22%) TeamCity
2 7 (15.56%) Subversion
3 5 (11.11%) Cucumber
3 5 (11.11%) Maven
4 4 (8.89%) Git (software)
4 4 (8.89%) Octopus Deploy
5 3 (6.67%) SpecFlow
5 3 (6.67%) Visual Studio
6 2 (4.44%) Selenium
7 1 (2.22%) CMake
7 1 (2.22%) Jenkins
7 1 (2.22%) JUnit
7 1 (2.22%) Team Foundation Server
General
1 29 (64.44%) Finance
2 26 (57.78%) Front Office
3 13 (28.89%) Banking
4 10 (22.22%) Investment Banking
5 6 (13.33%) Financial Institution
6 3 (6.67%) Back Office
7 2 (4.44%) Retail
8 1 (2.22%) French Language
8 1 (2.22%) Marketing
8 1 (2.22%) Prime Brokerage
Job Titles
1 26 (57.78%) Developer
2 13 (28.89%) Analyst
3 11 (24.44%) Business Analyst
4 8 (17.78%) Java Developer
5 5 (11.11%) Analyst Developer
5 5 (11.11%) Senior Developer
6 4 (8.89%) Business Developer
6 4 (8.89%) Quantitative Developer
7 3 (6.67%) C# Developer
7 3 (6.67%) C++ Developer
7 3 (6.67%) QA Tester
7 3 (6.67%) Report Developer
7 3 (6.67%) Tester
7 3 (6.67%) UI Developer
8 2 (4.44%) Automation Engineer
8 2 (4.44%) C# Quant Developer
8 2 (4.44%) Commodities Business Analyst
8 2 (4.44%) F# Developer
8 2 (4.44%) Python Developer
8 2 (4.44%) React Developer
Libraries, Frameworks & Software Standards
1 5 (11.11%) .NET
1 5 (11.11%) React
1 5 (11.11%) WPF
2 4 (8.89%) Gherkin
2 4 (8.89%) WCF
3 3 (6.67%) AngularJS
3 3 (6.67%) FIX Protocol
3 3 (6.67%) HTML
3 3 (6.67%) JMS
3 3 (6.67%) NumPy
3 3 (6.67%) RESTful
3 3 (6.67%) Spring
4 2 (4.44%) HTML5
5 1 (2.22%) Backbone.js
5 1 (2.22%) Esper
5 1 (2.22%) Kafka
5 1 (2.22%) Pyramid
5 1 (2.22%) Reactive Extensions
5 1 (2.22%) SciPy
5 1 (2.22%) Spring Boot
Miscellaneous
1 10 (22.22%) Equities
1 10 (22.22%) Fixed Income
1 10 (22.22%) Foreign Exchange (FX)
2 6 (13.33%) OTC Derivatives
3 5 (11.11%) Interest Rate Derivative
4 3 (6.67%) Analytical Skills
4 3 (6.67%) Credit Derivative
4 3 (6.67%) Equity Derivative
4 3 (6.67%) Market Risk
5 2 (4.44%) Self-Motivation
6 1 (2.22%) Algorithms
6 1 (2.22%) Hedge funds
6 1 (2.22%) Management Information System
6 1 (2.22%) User Experience
6 1 (2.22%) Wiki
Operating Systems
1 9 (20.00%) Linux
2 5 (11.11%) Unix
2 5 (11.11%) Windows
3 1 (2.22%) Solaris
Processes & Methodologies
1 18 (40.00%) Agile Software Development
2 11 (24.44%) Multithreading
3 9 (20.00%) Test Automation
4 8 (17.78%) Problem-Solving
5 7 (15.56%) Mathematics
5 7 (15.56%) Risk Management
6 6 (13.33%) Analytics
7 5 (11.11%) Business Analysis
8 4 (8.89%) Data Modelling
8 4 (8.89%) Regression Testing
8 4 (8.89%) Technical Analysis
8 4 (8.89%) User Acceptance Testing
8 4 (8.89%) Validation
9 3 (6.67%) Deployment Automation
9 3 (6.67%) Electronic Trading
9 3 (6.67%) Microservices
9 3 (6.67%) PnL Attribution
9 3 (6.67%) Quantitative Analysis
9 3 (6.67%) Software Engineering
9 3 (6.67%) Waterfall
Programming Languages
1 14 (31.11%) Java
1 14 (31.11%) Python
2 12 (26.67%) SQL
3 9 (20.00%) C#
3 9 (20.00%) C++
4 5 (11.11%) Java 8
5 3 (6.67%) F#
5 3 (6.67%) JavaScript
6 2 (4.44%) Scala
6 2 (4.44%) Shell Script
7 1 (2.22%) C
7 1 (2.22%) Perl
7 1 (2.22%) PL/SQL
7 1 (2.22%) R
7 1 (2.22%) VBA
7 1 (2.22%) XAML
Qualifications
1 6 (13.33%) Degree
2 1 (2.22%) Numerate Degree
2 1 (2.22%) PhD
Quality Assurance & Compliance
1 11 (24.44%) QA
Vendors
1 8 (17.78%) Oracle
2 3 (6.67%) Bloomberg
3 2 (4.44%) Microsoft
3 2 (4.44%) Tableau
4 1 (2.22%) FactSet
4 1 (2.22%) Fidessa
4 1 (2.22%) ION Trading
4 1 (2.22%) MarketAxess
4 1 (2.22%) Sun
4 1 (2.22%) Sybase
4 1 (2.22%) Tradeweb