Period
to 13 August 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 13 August 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
13 Aug 2020
Same period 2019 Same period 2018
Rank 96 182 112
Rank change year-on-year +86 -70 -34
Contract jobs citing Derivative 35 51 157
As % of all contract jobs advertised in the City of London 1.62% 0.79% 2.24%
As % of the Miscellaneous category 4.55% 2.42% 5.48%
Number of daily rates quoted 18 37 130
Median daily rate £625 £650 £650
Median daily rate % change year-on-year -3.85% - +8.33%
10th Percentile £484 £478 £475
90th Percentile £725 £725 £776
Central London median daily rate £650 £650 £625
% change year-on-year - +4.00% +4.17%
Number of hourly rates quoted 1 0 0
Median hourly rate £35.00 - -
Central London median hourly rate £35.00 - -

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 770 2,107 2,863
As % of all contract IT jobs advertised in the City of London 35.68% 32.56% 40.91%
Number of daily rates quoted 500 1,563 2,176
Median daily rate £525 £525 £525
10th Percentile £325 £325 £313
90th Percentile £701 £675 £725
Central London median daily rate £516 £525 £518
% change year-on-year -1.67% +1.45% -1.43%
Number of hourly rates quoted 36 46 56
Median hourly rate £35.25 £20.67 £20.00
Median hourly rate % change year-on-year +70.58% +3.33% -5.56%
10th Percentile £13.38 £11.25 £14.53
90th Percentile £47.75 £56.00 £45.07
Median hourly rate £35.25 £20.92 £20.00
% change year-on-year +68.54% +4.58% +6.95%

Derivative
Job Vacancy Trend in the City of London

Job postings citing Derivative as a proportion 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

3-month moving average daily rate quoted in jobs citing Derivative in the City of London.

Daily rate trend for Derivative in the City of London

Derivative
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Derivative in the City of London over the 6 months to 13 August 2020.

Daily rate histogram for Derivative in the City of London

Derivative
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Derivative in the City of London.

Hourly rate trend for Derivative in the City of London

For the 6 months to 13 August 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 18 (51.43%) Finance
2 17 (48.57%) Fixed Income
3 15 (42.86%) Agile Software Development
3 15 (42.86%) Java
3 15 (42.86%) Test Automation
4 13 (37.14%) Multithreading
5 12 (34.29%) Electronic Trading
5 12 (34.29%) OO
5 12 (34.29%) Foreign Exchange (FX)
6 11 (31.43%) Front Office
7 9 (25.71%) OOD
7 9 (25.71%) Python
7 9 (25.71%) Scrum
7 9 (25.71%) Maven
7 9 (25.71%) Robot Framework
7 9 (25.71%) Automated Trading
7 9 (25.71%) Git (software)
8 7 (20.00%) Risk Management
9 6 (17.14%) SQL
10 4 (11.43%) C#
10 4 (11.43%) C++
10 4 (11.43%) Oracle
10 4 (11.43%) Spring
10 4 (11.43%) TDD
10 4 (11.43%) Banking
10 4 (11.43%) Financial Institution
10 4 (11.43%) NumPy
10 4 (11.43%) FIX Protocol
10 4 (11.43%) Mathematics
11 3 (8.57%) Analytical Skills

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:

Applications
1 3 (8.57%) Microsoft Excel
Business Applications
1 1 (2.86%) Front Arena
1 1 (2.86%) ION MarketView
1 1 (2.86%) Markit EDM
1 1 (2.86%) thinkFolio
Cloud Services
1 2 (5.71%) Cloud Computing
2 1 (2.86%) Azure
Database & Business Intelligence
1 3 (8.57%) SQL Server
Development Applications
1 9 (25.71%) Git (software)
1 9 (25.71%) Maven
1 9 (25.71%) Robot Framework
2 2 (5.71%) Cucumber
3 1 (2.86%) Jenkins
3 1 (2.86%) TeamCity
General
1 18 (51.43%) Finance
2 11 (31.43%) Front Office
3 4 (11.43%) Banking
3 4 (11.43%) Financial Institution
4 1 (2.86%) Investment Banking
4 1 (2.86%) Legal
Job Titles
1 22 (62.86%) Developer
2 14 (40.00%) Java Developer
3 9 (25.71%) Agile Developer
3 9 (25.71%) Agile Java Developer
3 9 (25.71%) Electronic Trading Developer
3 9 (25.71%) Electronic Trading Java Developer
4 6 (17.14%) Analyst
5 4 (11.43%) Business Analyst
6 3 (8.57%) Architect
6 3 (8.57%) Quantitative Developer
7 2 (5.71%) Python Developer
7 2 (5.71%) RAD Developer
7 2 (5.71%) Solutions Architect
8 1 (2.86%) Business Integration Analyst
8 1 (2.86%) Data Integration Analyst
8 1 (2.86%) GUI Architect
8 1 (2.86%) Integration Analyst
8 1 (2.86%) IT Risk Analyst
8 1 (2.86%) Market Risk Business Analyst
8 1 (2.86%) Test Automation Engineer
Libraries, Frameworks & Software Standards
1 4 (11.43%) FIX Protocol
1 4 (11.43%) NumPy
1 4 (11.43%) Spring
2 3 (8.57%) .NET
3 2 (5.71%) CSS
3 2 (5.71%) FIXML
3 2 (5.71%) FpML
3 2 (5.71%) HTML
3 2 (5.71%) Pandas
4 1 (2.86%) .NET Core
4 1 (2.86%) AngularJS
4 1 (2.86%) ASP.NET Core
4 1 (2.86%) ASP.NET Web API
4 1 (2.86%) Enzyme
4 1 (2.86%) Jest
4 1 (2.86%) JMS
4 1 (2.86%) REST
4 1 (2.86%) XSLT
Miscellaneous
1 17 (48.57%) Fixed Income
2 12 (34.29%) Foreign Exchange (FX)
3 3 (8.57%) Analytical Skills
4 2 (5.71%) Credit Risk
4 2 (5.71%) Energy Derivatives
4 2 (5.71%) Equities
4 2 (5.71%) Equity Derivative
4 2 (5.71%) Market Risk
4 2 (5.71%) Swaptions
5 1 (2.86%) Algorithms
5 1 (2.86%) Credit Derivative
5 1 (2.86%) Data Structures
5 1 (2.86%) Exotic Derivative
5 1 (2.86%) Hedge funds
5 1 (2.86%) Interest Rate Derivative
5 1 (2.86%) OTC Derivatives
Operating Systems
1 1 (2.86%) Linux
1 1 (2.86%) Unix
Processes & Methodologies
1 15 (42.86%) Agile Software Development
1 15 (42.86%) Test Automation
2 13 (37.14%) Multithreading
3 12 (34.29%) Electronic Trading
3 12 (34.29%) OO
4 9 (25.71%) Automated Trading
4 9 (25.71%) OOD
4 9 (25.71%) Scrum
5 7 (20.00%) Risk Management
6 4 (11.43%) Mathematics
6 4 (11.43%) TDD
7 3 (8.57%) Concurrent Programming
7 3 (8.57%) Software Engineering
8 2 (5.71%) Analytics
8 2 (5.71%) Asset Management
8 2 (5.71%) Business Analysis
8 2 (5.71%) Migration
8 2 (5.71%) Performance Optimisation
8 2 (5.71%) RAD
8 2 (5.71%) SDLC
Programming Languages
1 15 (42.86%) Java
2 9 (25.71%) Python
3 6 (17.14%) SQL
4 4 (11.43%) C#
4 4 (11.43%) C++
5 2 (5.71%) VBA
6 1 (2.86%) Java 8
Qualifications
1 1 (2.86%) Computer Science Degree
1 1 (2.86%) Degree
Quality Assurance & Compliance
1 1 (2.86%) Data Quality
1 1 (2.86%) EMIR
1 1 (2.86%) QA
System Software
1 1 (2.86%) Docker
Systems Management
1 1 (2.86%) Kubernetes
Vendors
1 4 (11.43%) Oracle
2 1 (2.86%) ION Trading
2 1 (2.86%) Sybase