Period
to 20 May 2018

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 May 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
Central London > City of London
6 months to
20 May 2018
Same period 2017 Same period 2016
Rank 109 85 59
Rank change year-on-year -24 -26 +9
Contract jobs citing Derivative 155 163 228
As % of all contract IT jobs advertised in the City of London 2.23% 2.64% 3.53%
As % of the Miscellaneous category 5.19% 6.73% 8.78%
Number of daily rates quoted 138 136 203
City of London median daily rate £625 £600 £550
Median daily rate % change year-on-year +4.17% +9.09% -
10th Percentile £471 £428 £414
90th Percentile £775 £700 £675
Central London median daily rate £625 £600 £550
% change year-on-year +4.17% +9.09% -
Number of hourly rates quoted 0 0 2
City of London median hourly rate - - £65.00
Central London median hourly rate - - £65.00

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 2,986 2,421 2,598
As % of all contract IT jobs advertised in the City of London 43.05% 39.24% 40.17%
Number of daily rates quoted 2,303 1,840 2,078
City of London median daily rate £525 £500 £475
Median daily rate % change year-on-year +5.00% +5.26% +5.56%
10th Percentile £313 £306 £294
90th Percentile £713 £675 £675
Central London median daily rate £515 £500 £475
% change year-on-year +3.00% +5.26% +5.56%
Number of hourly rates quoted 55 20 45
City of London median hourly rate £21.00 £18.85 £19.00
Median hourly rate % change year-on-year +11.41% -0.79% -1.81%
10th Percentile £12.50 £12.49 £11.35
90th Percentile £51.40 £32.50 £40.41
Central London median hourly rate £20.00 £17.00 £19.00
% change year-on-year +17.65% -10.53% -1.17%

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 May 2018.

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 May 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 City of London region with a requirement for Derivative.

1 74 (47.74%) Front Office
2 69 (44.52%) Finance
2 69 (44.52%) Java
3 64 (41.29%) Banking
4 53 (34.19%) Equity Derivative
5 45 (29.03%) Investment Banking
6 43 (27.74%) Agile Software Development
6 43 (27.74%) Fixed Income
7 36 (23.23%) C#
8 35 (22.58%) SQL
9 34 (21.94%) Low Latency
10 29 (18.71%) Foreign Exchange (FX)
10 29 (18.71%) Multithreading
11 25 (16.13%) C++
11 25 (16.13%) Equities
12 24 (15.48%) Java 8
13 23 (14.84%) Risk Management
13 23 (14.84%) Scala
14 22 (14.19%) .NET
15 20 (12.90%) TDD
16 19 (12.26%) Python
17 17 (10.97%) Migration
17 17 (10.97%) Electronic Trading
18 16 (10.32%) HTML
19 14 (9.03%) JavaScript
19 14 (9.03%) VBA
19 14 (9.03%) Kotlin
20 13 (8.39%) SQL Server
21 12 (7.74%) AngularJS
22 11 (7.10%) 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 3 (1.94%) Apache Spark
1 3 (1.94%) Tomcat
2 2 (1.29%) IBM HTTP Server
2 2 (1.29%) nginx
3 1 (0.65%) Elasticsearch
3 1 (0.65%) IIS
3 1 (0.65%) WebSphere
3 1 (0.65%) WebSphere Application Server
Applications
1 10 (6.45%) Microsoft Excel
2 4 (2.58%) Spreadsheet
Business Applications
1 4 (2.58%) Summit
2 3 (1.94%) Markit EDM
2 3 (1.94%) Orchestrade
2 3 (1.94%) RMDS
3 1 (0.65%) Bloomberg TOMS
3 1 (0.65%) Global One
3 1 (0.65%) ION MarketView
3 1 (0.65%) Murex MxG2000
3 1 (0.65%) SAP FI-GL
3 1 (0.65%) Sentinel
Cloud Services
1 3 (1.94%) Microsoft Azure
2 2 (1.29%) Amazon AWS
2 2 (1.29%) Cloud Computing
2 2 (1.29%) npm
Communications & Networking
1 2 (1.29%) BIG-IP
2 1 (0.65%) SSL
Database & Business Intelligence
1 13 (8.39%) SQL Server
2 3 (1.94%) Hadoop
2 3 (1.94%) KDB
2 3 (1.94%) MongoDB
2 3 (1.94%) Relational Database
2 3 (1.94%) SQL Server Reporting Services
3 2 (1.29%) BusinessObjects
3 2 (1.29%) Oracle Database
3 2 (1.29%) Oracle Database 10g
3 2 (1.29%) Oracle Database 11g
3 2 (1.29%) RDBMS
3 2 (1.29%) SQL Server 2008
3 2 (1.29%) SQL Server Integration Services
4 1 (0.65%) BusinessObjects XI
4 1 (0.65%) Informix
4 1 (0.65%) MS Access
4 1 (0.65%) MySQL
4 1 (0.65%) NoSQL
4 1 (0.65%) OLAP
Development Applications
1 7 (4.52%) JIRA
2 6 (3.87%) Git (software)
3 4 (2.58%) Jenkins
3 4 (2.58%) Visual Studio
4 3 (1.94%) Maven
4 3 (1.94%) TestComplete
5 2 (1.29%) Cucumber
5 2 (1.29%) gulp
5 2 (1.29%) MSTest
5 2 (1.29%) NUnit
5 2 (1.29%) SoapUI
5 2 (1.29%) Visual Studio Team System
6 1 (0.65%) Artifactory
6 1 (0.65%) GitLab
6 1 (0.65%) Selenium
6 1 (0.65%) Subversion
6 1 (0.65%) Team Foundation Server
General
1 74 (47.74%) Front Office
2 69 (44.52%) Finance
3 64 (41.29%) Banking
4 45 (29.03%) Investment Banking
5 4 (2.58%) Back Office
6 3 (1.94%) Legal
7 1 (0.65%) Financial Institution
7 1 (0.65%) General Ledger
7 1 (0.65%) Prime Brokerage
7 1 (0.65%) Spanish Language
7 1 (0.65%) Telecoms
Job Titles
1 101 (65.16%) Developer
2 49 (31.61%) Java Developer
3 33 (21.29%) Front Office Developer
4 31 (20.00%) Analyst
5 21 (13.55%) C# Developer
6 13 (8.39%) Quantitative Developer
6 13 (8.39%) Senior Developer
7 10 (6.45%) C++ Developer
8 9 (5.81%) .NET Developer
8 9 (5.81%) Business Analyst
8 9 (5.81%) C# .NET Developer
9 8 (5.16%) Analyst Developer
9 8 (5.16%) Python Developer
9 8 (5.16%) Qualitative Analyst
9 8 (5.16%) Quantitative Analyst
10 7 (4.52%) Test Analyst
11 6 (3.87%) Project Manager
11 6 (3.87%) Senior C# Developer
11 6 (3.87%) Senior Java Developer
11 6 (3.87%) VBA Developer
Libraries, Frameworks & Software Standards
1 22 (14.19%) .NET
2 16 (10.32%) HTML
3 12 (7.74%) AngularJS
4 11 (7.10%) FIX Protocol
4 11 (7.10%) HTML5
5 9 (5.81%) .NET Framework
5 9 (5.81%) WPF
6 7 (4.52%) WCF
7 6 (3.87%) React
8 5 (3.23%) Spring
8 5 (3.23%) XML
9 4 (2.58%) COM
9 4 (2.58%) JSON
9 4 (2.58%) REST
9 4 (2.58%) WinForms
10 3 (1.94%) Boost C++ Libraries
10 3 (1.94%) Entity Framework
10 3 (1.94%) jQuery
10 3 (1.94%) RabbitMQ
10 3 (1.94%) XSLT
Miscellaneous
1 53 (34.19%) Equity Derivative
2 43 (27.74%) Fixed Income
3 29 (18.71%) Foreign Exchange (FX)
4 25 (16.13%) Equities
5 10 (6.45%) Credit Derivative
6 9 (5.81%) Analytical Skills
7 8 (5.16%) Credit Risk
7 8 (5.16%) OTC Derivatives
8 7 (4.52%) Interest Rate Derivative
9 6 (3.87%) Algorithms
10 5 (3.23%) Market Risk
11 4 (2.58%) Computer Science
11 4 (2.58%) Greenfield Project
12 3 (1.94%) Client/Server
12 3 (1.94%) Hedge funds
12 3 (1.94%) Management Information System
13 2 (1.29%) Fat Client
13 2 (1.29%) N-Tier
13 2 (1.29%) Reference Data
13 2 (1.29%) Thin Client
Operating Systems
1 11 (7.10%) Windows
2 9 (5.81%) Linux
3 6 (3.87%) Unix
4 4 (2.58%) Windows Server
Processes & Methodologies
1 43 (27.74%) Agile Software Development
2 34 (21.94%) Low Latency
3 29 (18.71%) Multithreading
4 23 (14.84%) Risk Management
5 20 (12.90%) TDD
6 17 (10.97%) Electronic Trading
6 17 (10.97%) Migration
7 11 (7.10%) Analytics
7 11 (7.10%) Asset Management
7 11 (7.10%) Market Making
7 11 (7.10%) Quantitative Research
8 10 (6.45%) SDLC
9 9 (5.81%) Business Analysis
9 9 (5.81%) OO
10 8 (5.16%) Algorithmic Trading
10 8 (5.16%) BDD
10 8 (5.16%) Investment Management
10 8 (5.16%) OOP
10 8 (5.16%) Project Management
10 8 (5.16%) Quantitative Finance
Programming Languages
1 69 (44.52%) Java
2 36 (23.23%) C#
3 35 (22.58%) SQL
4 25 (16.13%) C++
5 24 (15.48%) Java 8
6 23 (14.84%) Scala
7 19 (12.26%) Python
8 14 (9.03%) JavaScript
8 14 (9.03%) Kotlin
8 14 (9.03%) VBA
9 3 (1.94%) Ada
9 3 (1.94%) Haskell
9 3 (1.94%) PL/SQL
9 3 (1.94%) R
9 3 (1.94%) T-SQL
9 3 (1.94%) VB.NET
10 1 (0.65%) PowerShell
10 1 (0.65%) VB
10 1 (0.65%) VB6
10 1 (0.65%) VBScript
Qualifications
1 6 (3.87%) PhD
2 5 (3.23%) Degree
3 3 (1.94%) Numerate Degree
3 3 (1.94%) PRINCE2 Certification
4 1 (0.65%) Computer Science Degree
Quality Assurance & Compliance
1 8 (5.16%) MiFID
2 6 (3.87%) EMIR
2 6 (3.87%) QA
3 3 (1.94%) Basel III
3 3 (1.94%) FATCA
3 3 (1.94%) Solvency II
4 2 (1.29%) Dodd-Frank
4 2 (1.29%) PMO
5 1 (0.65%) COREP
System Software
1 3 (1.94%) Docker
Systems Management
1 6 (3.87%) Control-M
2 2 (1.29%) Ansible
2 2 (1.29%) ITRS Geneos
3 1 (0.65%) HP ALM
3 1 (0.65%) HP Quality Center
3 1 (0.65%) Kibana
3 1 (0.65%) logstash
Vendors
1 8 (5.16%) Microsoft
1 8 (5.16%) Murex
2 7 (4.52%) Charles River
3 6 (3.87%) Calypso
3 6 (3.87%) Oracle
4 5 (3.23%) Bloomberg
4 5 (3.23%) Sybase
5 4 (2.58%) Sophis
6 3 (1.94%) F5
7 2 (1.29%) Informatica
7 2 (1.29%) RedGate
7 2 (1.29%) Solace
8 1 (0.65%) Fidessa
8 1 (0.65%) HP
8 1 (0.65%) IBM
8 1 (0.65%) OpenLink
8 1 (0.65%) Remedy
8 1 (0.65%) Reuters
8 1 (0.65%) SAP
8 1 (0.65%) SunGard