Period
to 20 November 2017

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 20 November 2017 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
20 Nov 2017
Same period 2016 Same period 2015
Rank 64 106 74
Rank change year-on-year +42 -32 +4
Contract jobs citing Derivative 249 155 271
As % of all contract IT jobs advertised in the City of London 3.51% 2.35% 2.96%
As % of the Miscellaneous category 8.07% 5.72% 7.51%
Number of daily rates quoted 206 136 224
City of London median daily rate £625 £575 £580
Median daily rate % change year-on-year +8.70% -0.86% +0.87%
10th Percentile £475 £425 £450
90th Percentile £744 £688 £713
Central London median daily rate £625 £600 £575
% change year-on-year +4.17% +4.35% -
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 3086 2710 3607
As % of all contract IT jobs advertised in the City of London 43.54% 41.09% 39.46%
Number of daily rates quoted 2400 2120 2867
City of London median daily rate £525 £475 £475
Median daily rate % change year-on-year +10.53% - +5.56%
10th Percentile £325 £313 £275
90th Percentile £713 £675 £663
Central London median daily rate £525 £475 £475
% change year-on-year +10.53% - +5.56%
Number of hourly rates quoted 36 30 56
City of London median hourly rate £22.26 £19.00 £20.00
Median hourly rate % change year-on-year +17.14% -5.00% +14.29%
10th Percentile £12.88 £11.25 £12.00
90th Percentile £33.25 £55.00 £42.12
Central London median hourly rate £21.31 £18.45 £20.00
% change year-on-year +15.51% -7.75% +14.29%

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 20 November 2017.

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 20 November 2017, IT contractor jobs citing Derivative also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Derivative.

1 142 (57.03%) Banking
2 139 (55.82%) Front Office
2 139 (55.82%) Finance
3 109 (43.78%) Agile Software Development
4 105 (42.17%) Java
5 83 (33.33%) Fixed Income
6 69 (27.71%) Investment Banking
7 60 (24.10%) Equity Derivative
8 56 (22.49%) Equities
9 55 (22.09%) SQL
9 55 (22.09%) Electronic Trading
10 53 (21.29%) Python
11 47 (18.88%) SQL Server
12 41 (16.47%) Foreign Exchange (FX)
12 41 (16.47%) Multithreading
13 37 (14.86%) C#
14 36 (14.46%) MiFID
15 34 (13.65%) VBA
15 34 (13.65%) Low Latency
16 33 (13.25%) C++
17 31 (12.45%) Relational Database
18 29 (11.65%) SDLC
18 29 (11.65%) RDBMS
18 29 (11.65%) Business Analysis
19 28 (11.24%) FIX Protocol
20 27 (10.84%) Asset Management
21 26 (10.44%) Risk Management
22 25 (10.04%) TDD
22 25 (10.04%) OTC Derivatives
22 25 (10.04%) Unit Testing

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 (2.41%) Apache Spark
2 5 (2.01%) IIS
3 4 (1.61%) WebSphere
4 3 (1.20%) Oracle Coherence
5 2 (0.80%) nginx
6 1 (0.40%) Confluence
6 1 (0.40%) Elasticsearch
6 1 (0.40%) SharePoint
6 1 (0.40%) Tomcat
Applications
1 7 (2.81%) Microsoft Excel
2 5 (2.01%) MS Visio
3 4 (1.61%) Microsoft Office
3 4 (1.61%) Microsoft Project
4 3 (1.20%) Spreadsheet
Business Applications
1 5 (2.01%) Global One
2 3 (1.20%) Summit
2 3 (1.20%) thinkFolio
3 2 (0.80%) Eagle PACE
3 2 (0.80%) Markit EDM
3 2 (0.80%) Orchestrade
3 2 (0.80%) RMDS
3 2 (0.80%) SunGard GMI
4 1 (0.40%) IntelliMatch
4 1 (0.40%) Oracle General Ledger
Cloud Services
1 1 (0.40%) Amazon AWS
1 1 (0.40%) Cloud Computing
1 1 (0.40%) Microsoft Azure
1 1 (0.40%) Office 365
Communications & Networking
1 4 (1.61%) TCP/IP
Database & Business Intelligence
1 47 (18.88%) SQL Server
2 31 (12.45%) Relational Database
3 29 (11.65%) RDBMS
4 11 (4.42%) KDB
5 8 (3.21%) Hadoop
6 7 (2.81%) Big Data
7 6 (2.41%) BusinessObjects
8 5 (2.01%) MySQL
8 5 (2.01%) NoSQL
9 4 (1.61%) Apache Cassandra
9 4 (1.61%) Data Warehouse
9 4 (1.61%) HBase
9 4 (1.61%) Kdb+
10 3 (1.20%) MongoDB
10 3 (1.20%) Spark SQL
11 2 (0.80%) Data Lake
11 2 (0.80%) DB2
11 2 (0.80%) Redis
11 2 (0.80%) SQL Server 2008
12 1 (0.40%) MS Access
Development Applications
1 14 (5.62%) Git (software)
1 14 (5.62%) JIRA
2 8 (3.21%) Robot Framework
3 7 (2.81%) Cucumber
3 7 (2.81%) Maven
3 7 (2.81%) Subversion
4 6 (2.41%) TeamCity
5 3 (1.20%) SonarQube
5 3 (1.20%) Visual Studio
6 2 (0.80%) Mockito
6 2 (0.80%) NuGet
7 1 (0.40%) FitNesse
7 1 (0.40%) GitLab
7 1 (0.40%) JBehave
7 1 (0.40%) Jenkins
7 1 (0.40%) jMock
7 1 (0.40%) JUnit
7 1 (0.40%) Selenium
General
1 142 (57.03%) Banking
2 139 (55.82%) Finance
2 139 (55.82%) Front Office
3 69 (27.71%) Investment Banking
4 17 (6.83%) Back Office
5 7 (2.81%) Legal
6 5 (2.01%) Financial Institution
7 2 (0.80%) International Banking
8 1 (0.40%) Advertising
8 1 (0.40%) General Ledger
8 1 (0.40%) German Language
8 1 (0.40%) Marketing
8 1 (0.40%) Retail Banking
8 1 (0.40%) Wholesale Banking
Job Titles
1 138 (55.42%) Developer
2 67 (26.91%) Analyst
3 56 (22.49%) Java Developer
4 49 (19.68%) Business Analyst
5 46 (18.47%) Senior Developer
6 36 (14.46%) Python Developer
7 28 (11.24%) Front Office Developer
8 24 (9.64%) C# Developer
9 22 (8.84%) Senior Python Developer
10 17 (6.83%) IT Business Analyst
11 16 (6.43%) Business IT Analyst
11 16 (6.43%) Core Java Developer
11 16 (6.43%) IT Analyst
11 16 (6.43%) Senior Java Developer
12 10 (4.02%) KDB Developer
13 9 (3.61%) Quantitative Developer
14 8 (3.21%) C++ Developer
14 8 (3.21%) JavaScript Developer
14 8 (3.21%) Senior Analyst
14 8 (3.21%) Technical Specialist
Libraries, Frameworks & Software Standards
1 28 (11.24%) FIX Protocol
2 22 (8.84%) .NET
3 12 (4.82%) AngularJS
4 11 (4.42%) React
4 11 (4.42%) WPF
5 10 (4.02%) Middleware
5 10 (4.02%) Node.js
6 9 (3.61%) .NET Framework
6 9 (3.61%) HTML
6 9 (3.61%) Redux
7 8 (3.21%) WCF
8 7 (2.81%) CSS
8 7 (2.81%) XML
9 6 (2.41%) HTML5
9 6 (2.41%) Spring
10 5 (2.01%) Gherkin
10 5 (2.01%) JMS
10 5 (2.01%) Kafka
10 5 (2.01%) Rendezvous
10 5 (2.01%) Sass
Miscellaneous
1 83 (33.33%) Fixed Income
2 60 (24.10%) Equity Derivative
3 56 (22.49%) Equities
4 41 (16.47%) Foreign Exchange (FX)
5 25 (10.04%) OTC Derivatives
6 22 (8.84%) Greenfield Project
7 18 (7.23%) Analytical Skills
7 18 (7.23%) Credit Risk
8 12 (4.82%) Interest Rate Derivative
8 12 (4.82%) Market Risk
9 10 (4.02%) Swaptions
10 9 (3.61%) Credit Derivative
11 6 (2.41%) Data Structures
12 5 (2.01%) User Experience
13 4 (1.61%) Management Information System
14 3 (1.20%) AS400
14 3 (1.20%) Client/Server
14 3 (1.20%) Exotic Derivative
14 3 (1.20%) Fintech
14 3 (1.20%) Reference Data
Operating Systems
1 19 (7.63%) Unix
2 14 (5.62%) Linux
3 3 (1.20%) Solaris
4 2 (0.80%) Windows
Processes & Methodologies
1 109 (43.78%) Agile Software Development
2 55 (22.09%) Electronic Trading
3 41 (16.47%) Multithreading
4 34 (13.65%) Low Latency
5 29 (11.65%) Business Analysis
5 29 (11.65%) SDLC
6 27 (10.84%) Asset Management
7 26 (10.44%) Risk Management
8 25 (10.04%) TDD
8 25 (10.04%) Unit Testing
9 21 (8.43%) Concurrent Programming
10 20 (8.03%) Migration
10 20 (8.03%) Multithreaded Programming
11 19 (7.63%) Test Automation
12 18 (7.23%) OO
13 16 (6.43%) Analytics
14 15 (6.02%) Investment Management
14 15 (6.02%) Scrum
14 15 (6.02%) User Acceptance Testing
15 14 (5.62%) Project Management
Programming Languages
1 105 (42.17%) Java
2 55 (22.09%) SQL
3 53 (21.29%) Python
4 37 (14.86%) C#
5 34 (13.65%) VBA
6 33 (13.25%) C++
7 13 (5.22%) JavaScript
7 13 (5.22%) Scala
8 6 (2.41%) T-SQL
9 5 (2.01%) Perl
10 4 (1.61%) Bash Shell
10 4 (1.61%) C
10 4 (1.61%) ES6
10 4 (1.61%) Kotlin
11 3 (1.20%) Ada
11 3 (1.20%) Ruby
11 3 (1.20%) Shell Script
11 3 (1.20%) Tcl
12 2 (0.80%) PowerShell
12 2 (0.80%) VB
Qualifications
1 6 (2.41%) Degree
2 4 (1.61%) ISEB
3 2 (0.80%) Numerate Degree
4 1 (0.40%) Computer Science Degree
Quality Assurance & Compliance
1 36 (14.46%) MiFID
2 20 (8.03%) QA
3 18 (7.23%) EMIR
4 8 (3.21%) Dodd-Frank
5 1 (0.40%) GDPR
5 1 (0.40%) ISO/IEC 27001
System Software
1 5 (2.01%) HDFS
2 4 (1.61%) Apache ZooKeeper
3 1 (0.40%) Apache Flume
Systems Management
1 6 (2.41%) HP Quality Center
2 4 (1.61%) Mesos
3 1 (0.40%) Control-M
3 1 (0.40%) Oozie
3 1 (0.40%) Opscode Chef
Vendors
1 13 (5.22%) Microsoft
1 13 (5.22%) Oracle
2 11 (4.42%) Fidessa
3 9 (3.61%) Bloomberg
3 9 (3.61%) Charles River
3 9 (3.61%) Murex
4 8 (3.21%) TIBCO
5 5 (2.01%) DevExpress
5 5 (2.01%) Sybase
6 4 (1.61%) ION Trading
7 3 (1.20%) Informatica
7 3 (1.20%) Infragistics
7 3 (1.20%) Reuters
7 3 (1.20%) SimCorp
8 2 (0.80%) CQG
8 2 (0.80%) FIS
8 2 (0.80%) SunGard
8 2 (0.80%) Tradeweb
9 1 (0.40%) Barracuda Networks
9 1 (0.40%) MarketAxess