Period
to 26 April 2019

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 26 April 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
Central London > City of London
6 months to
26 Apr 2019
Same period 2018 Same period 2017
Rank 158 108 90
Rank change year-on-year -50 -18 -35
Contract jobs citing Derivative 77 163 166
As % of all contract IT jobs advertised in the City of London 1.16% 2.33% 2.72%
As % of the Miscellaneous category 2.97% 5.51% 7.12%
Number of daily rates quoted 60 146 140
City of London median daily rate £650 £625 £600
Median daily rate % change year-on-year +4.00% +4.17% +4.58%
10th Percentile £573 £475 £425
90th Percentile £652 £775 £688
Central London median daily rate £650 £625 £600
% change year-on-year +4.00% +4.17% +5.73%
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 2,589 2,959 2,333
As % of all contract IT jobs advertised in the City of London 39.07% 42.30% 38.26%
Number of daily rates quoted 1,918 2,310 1,771
City of London median daily rate £525 £525 £500
Median daily rate % change year-on-year - +5.00% +5.26%
10th Percentile £324 £319 £306
90th Percentile £688 £725 £675
Central London median daily rate £525 £520 £500
% change year-on-year +0.96% +4.00% +5.26%
Number of hourly rates quoted 46 51 20
City of London median hourly rate £18.98 £21.50 £21.45
Median hourly rate % change year-on-year -11.74% +0.22% +10.01%
10th Percentile £11.88 £13.23 £14.72
90th Percentile £42.51 £48.50 £55.00
Central London median hourly rate £19.63 £21.11 £18.50
% change year-on-year -7.05% +14.12% -7.45%

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 26 April 2019.

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 26 April 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 City of London region with a requirement for Derivative.

1 54 (70.13%) Front Office
1 54 (70.13%) Java
2 53 (68.83%) Agile Software Development
3 49 (63.64%) Banking
4 42 (54.55%) Multithreading
5 38 (49.35%) Equities
6 37 (48.05%) Equity Derivative
7 30 (38.96%) Analytics
8 21 (27.27%) Finance
9 18 (23.38%) Fixed Income
10 16 (20.78%) Electronic Trading
11 14 (18.18%) Foreign Exchange (FX)
12 12 (15.58%) SQL
13 11 (14.29%) Python
13 11 (14.29%) Migration
14 10 (12.99%) SQL Server
14 10 (12.99%) Test Automation
15 9 (11.69%) TDD
15 9 (11.69%) C#
15 9 (11.69%) FXall
16 8 (10.39%) OTC Derivatives
16 8 (10.39%) Problem-Solving
16 8 (10.39%) .NET
17 7 (9.09%) Investment Banking
17 7 (9.09%) FIX Protocol
17 7 (9.09%) Self-Motivation
18 6 (7.79%) VBA
18 6 (7.79%) Microsoft Excel
18 6 (7.79%) Risk Management
19 5 (6.49%) Middleware

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 2 (2.60%) WebSphere
2 1 (1.30%) Apache
2 1 (1.30%) Oracle Coherence
Applications
1 6 (7.79%) Microsoft Excel
2 2 (2.60%) Spreadsheet
Business Applications
1 1 (1.30%) Global One
1 1 (1.30%) Markit EDM
1 1 (1.30%) Summit
Cloud Services
1 3 (3.90%) Amazon AWS
2 1 (1.30%) Amazon CloudWatch
2 1 (1.30%) Amazon EC2
2 1 (1.30%) Amazon S3
2 1 (1.30%) GitHub
2 1 (1.30%) Microsoft Azure
Database & Business Intelligence
1 10 (12.99%) SQL Server
2 3 (3.90%) KDB
3 2 (2.60%) DB2
3 2 (2.60%) MS Access
3 2 (2.60%) RDBMS
3 2 (2.60%) Relational Database
4 1 (1.30%) Apache Ignite
4 1 (1.30%) Big Data
4 1 (1.30%) Data Warehouse
4 1 (1.30%) Hazelcast
4 1 (1.30%) Kdb+
4 1 (1.30%) MongoDB
Development Applications
1 5 (6.49%) Maven
2 4 (5.19%) Team Foundation Server
3 3 (3.90%) JIRA
3 3 (3.90%) Subversion
4 2 (2.60%) Git (software)
4 2 (2.60%) Jenkins
4 2 (2.60%) Robot Framework
5 1 (1.30%) NUnit
5 1 (1.30%) Octopus Deploy
5 1 (1.30%) webpack
General
1 54 (70.13%) Front Office
2 49 (63.64%) Banking
3 21 (27.27%) Finance
4 7 (9.09%) Investment Banking
5 3 (3.90%) Legal
6 1 (1.30%) Back Office
6 1 (1.30%) Financial Institution
Job Titles
1 63 (81.82%) Developer
2 51 (66.23%) Java Developer
3 39 (50.65%) Front Office Developer
4 13 (16.88%) Electronic Trading Developer
4 13 (16.88%) Electronic Trading Java Developer
5 10 (12.99%) Analyst
6 6 (7.79%) Python Developer
7 5 (6.49%) VBA Developer
8 4 (5.19%) Java Pricing Developer
8 4 (5.19%) Pricing Developer
8 4 (5.19%) Senior Developer
9 3 (3.90%) Analyst Developer
9 3 (3.90%) Business Analyst
9 3 (3.90%) Consultant
9 3 (3.90%) Java Scala Developer
9 3 (3.90%) Scala Developer
9 3 (3.90%) Senior Java Developer
10 2 (2.60%) C# Developer
10 2 (2.60%) React Developer
10 2 (2.60%) Test Analyst
Libraries, Frameworks & Software Standards
1 8 (10.39%) .NET
2 7 (9.09%) FIX Protocol
3 5 (6.49%) Middleware
4 4 (5.19%) JMS
4 4 (5.19%) Rendezvous
5 3 (3.90%) React
5 3 (3.90%) REST
5 3 (3.90%) Spring
6 2 (2.60%) ASP.NET Web API
6 2 (2.60%) NumPy
6 2 (2.60%) SciPy
6 2 (2.60%) XML
7 1 (1.30%) JavaFX
7 1 (1.30%) RabbitMQ
7 1 (1.30%) RESTful
7 1 (1.30%) StructureMap
7 1 (1.30%) Ultra Messaging
7 1 (1.30%) Velocity
7 1 (1.30%) WCF
7 1 (1.30%) WPF
Miscellaneous
1 38 (49.35%) Equities
2 37 (48.05%) Equity Derivative
3 18 (23.38%) Fixed Income
4 14 (18.18%) Foreign Exchange (FX)
5 8 (10.39%) OTC Derivatives
6 7 (9.09%) Self-Motivation
7 5 (6.49%) Analytical Skills
8 3 (3.90%) Credit Risk
9 2 (2.60%) Credit Derivative
9 2 (2.60%) Greenfield Project
9 2 (2.60%) Reference Data
10 1 (1.30%) Client/Server
10 1 (1.30%) Hedge funds
10 1 (1.30%) Interest Rate Derivative
10 1 (1.30%) Market Risk
10 1 (1.30%) Private Cloud
10 1 (1.30%) Virtual Team
Operating Systems
1 5 (6.49%) Linux
2 3 (3.90%) Unix
3 1 (1.30%) Red Hat Enterprise Linux
3 1 (1.30%) Solaris
3 1 (1.30%) SUSE
3 1 (1.30%) Windows
Processes & Methodologies
1 53 (68.83%) Agile Software Development
2 42 (54.55%) Multithreading
3 30 (38.96%) Analytics
4 16 (20.78%) Electronic Trading
5 11 (14.29%) Migration
6 10 (12.99%) Test Automation
7 9 (11.69%) TDD
8 8 (10.39%) Problem-Solving
9 6 (7.79%) Risk Management
10 5 (6.49%) Asset Management
10 5 (6.49%) Investment Management
10 5 (6.49%) OO
11 4 (5.19%) OOD
11 4 (5.19%) Scrum
12 3 (3.90%) Continuous Improvement
12 3 (3.90%) Low Latency
12 3 (3.90%) Performance Tuning
12 3 (3.90%) Time Management
12 3 (3.90%) Workflow
13 2 (2.60%) Machine Learning
Programming Languages
1 54 (70.13%) Java
2 12 (15.58%) SQL
3 11 (14.29%) Python
4 9 (11.69%) C#
5 6 (7.79%) VBA
6 5 (6.49%) Java 8
7 3 (3.90%) Kotlin
7 3 (3.90%) Scala
8 2 (2.60%) C++
8 2 (2.60%) JavaScript
8 2 (2.60%) R
9 1 (1.30%) Bash Shell
9 1 (1.30%) C
9 1 (1.30%) Perl
9 1 (1.30%) PowerShell
9 1 (1.30%) Shell Script
9 1 (1.30%) T-SQL
Qualifications
1 3 (3.90%) Degree
2 1 (1.30%) AWS Certification
2 1 (1.30%) Computer Science Degree
Quality Assurance & Compliance
1 2 (2.60%) MiFID
1 2 (2.60%) QA
2 1 (1.30%) Dodd-Frank
2 1 (1.30%) EMIR
System Software
1 1 (1.30%) Active Directory
1 1 (1.30%) KVM
1 1 (1.30%) RHEV
1 1 (1.30%) VMware Infrastructure
Systems Management
1 1 (1.30%) Ansible
1 1 (1.30%) HP ALM
1 1 (1.30%) Kubernetes
1 1 (1.30%) Puppet
Vendors
1 9 (11.69%) FXall
2 4 (5.19%) TIBCO
3 3 (3.90%) Bloomberg
3 3 (3.90%) FactSet
3 3 (3.90%) Microsoft
4 2 (2.60%) Charles River
4 2 (2.60%) HP
4 2 (2.60%) Oracle
4 2 (2.60%) Solace
4 2 (2.60%) Sun
4 2 (2.60%) Sybase
4 2 (2.60%) Tableau
5 1 (1.30%) Informatica
5 1 (1.30%) Murex
5 1 (1.30%) ServiceNow
5 1 (1.30%) Splunk
5 1 (1.30%) Syncfusion
5 1 (1.30%) Tradeweb
5 1 (1.30%) VMware