Period
to 20 February 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 February 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 Feb 2018
Same period 2017 Same period 2016
Rank 93 99 48
Rank change year-on-year +6 -51 +8
Contract jobs citing Derivative 191 157 266
As % of all contract IT jobs advertised in the City of London 2.69% 2.56% 3.98%
As % of the Miscellaneous category 6.31% 6.50% 9.70%
Number of daily rates quoted 161 128 222
City of London median daily rate £625 £600 £575
Median daily rate % change year-on-year +4.17% +4.35% +4.55%
10th Percentile £463 £471 £425
90th Percentile £763 £725 £688
Central London median daily rate £625 £600 £575
% change year-on-year +4.17% +4.35% +4.55%
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 3,028 2,415 2,743
As % of all contract IT jobs advertised in the City of London 42.65% 39.44% 41.00%
Number of daily rates quoted 2,409 1,849 2,155
City of London median daily rate £525 £500 £475
Median daily rate % change year-on-year +5.00% +5.26% +5.56%
10th Percentile £324 £313 £288
90th Percentile £725 £675 £675
Central London median daily rate £525 £488 £475
% change year-on-year +7.69% +2.63% +5.56%
Number of hourly rates quoted 45 26 47
City of London median hourly rate £21.75 £19.00 £19.50
Median hourly rate % change year-on-year +14.47% -2.54% +9.43%
10th Percentile £12.60 £13.25 £11.50
90th Percentile £48.40 £55.00 £33.36
Central London median hourly rate £21.63 £19.00 £19.50
% change year-on-year +13.82% -2.56% +11.43%

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 February 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 February 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.

1 110 (57.59%) Front Office
2 108 (56.54%) Banking
3 104 (54.45%) Finance
4 88 (46.07%) Agile Software Development
5 84 (43.98%) Java
6 72 (37.70%) Fixed Income
7 55 (28.80%) Investment Banking
8 49 (25.65%) Equity Derivative
9 48 (25.13%) SQL
10 43 (22.51%) Python
11 42 (21.99%) Equities
12 39 (20.42%) SQL Server
13 36 (18.85%) C#
14 35 (18.32%) VBA
14 35 (18.32%) Foreign Exchange (FX)
14 35 (18.32%) Multithreading
15 29 (15.18%) SDLC
16 28 (14.66%) Low Latency
16 28 (14.66%) Electronic Trading
16 28 (14.66%) MiFID
16 28 (14.66%) Risk Management
17 26 (13.61%) .NET
17 26 (13.61%) C++
18 25 (13.09%) Asset Management
18 25 (13.09%) Relational Database
19 24 (12.57%) Unit Testing
19 24 (12.57%) RDBMS
20 19 (9.95%) Business Analysis
21 18 (9.42%) Scala
22 17 (8.90%) TDD

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 9 (4.71%) Apache Spark
2 6 (3.14%) IIS
3 4 (2.09%) nginx
3 4 (2.09%) WebSphere
4 3 (1.57%) Oracle Coherence
Applications
1 8 (4.19%) Microsoft Excel
2 4 (2.09%) MS Visio
2 4 (2.09%) Spreadsheet
3 1 (0.52%) Microsoft Office
3 1 (0.52%) Microsoft Project
Business Applications
1 7 (3.66%) Summit
2 3 (1.57%) Orchestrade
2 3 (1.57%) RMDS
3 2 (1.05%) SunGard GMI
4 1 (0.52%) Bloomberg TOMS
4 1 (0.52%) Eagle PACE
4 1 (0.52%) Global One
4 1 (0.52%) Markit EDM
4 1 (0.52%) Murex MxG2000
4 1 (0.52%) Oracle General Ledger
4 1 (0.52%) SAP FI-GL
Cloud Services
1 3 (1.57%) Microsoft Azure
2 1 (0.52%) Amazon AWS
2 1 (0.52%) Cloud Computing
2 1 (0.52%) Office 365
Database & Business Intelligence
1 39 (20.42%) SQL Server
2 25 (13.09%) Relational Database
3 24 (12.57%) RDBMS
4 11 (5.76%) Hadoop
5 7 (3.66%) Big Data
6 4 (2.09%) Apache Cassandra
6 4 (2.09%) HBase
6 4 (2.09%) MySQL
7 3 (1.57%) BusinessObjects
7 3 (1.57%) Data Warehouse
7 3 (1.57%) MongoDB
7 3 (1.57%) NoSQL
7 3 (1.57%) Spark SQL
8 2 (1.05%) Data Lake
8 2 (1.05%) KDB
9 1 (0.52%) DB2
9 1 (0.52%) Kdb+
9 1 (0.52%) MS Access
9 1 (0.52%) OLAP
9 1 (0.52%) SQL Server Reporting Services
Development Applications
1 11 (5.76%) JIRA
2 6 (3.14%) Git (software)
3 5 (2.62%) Cucumber
3 5 (2.62%) Maven
4 4 (2.09%) Visual Studio
5 3 (1.57%) SonarQube
5 3 (1.57%) Subversion
5 3 (1.57%) TeamCity
6 2 (1.05%) MSTest
6 2 (1.05%) NUnit
6 2 (1.05%) Visual Studio Team System
7 1 (0.52%) FitNesse
7 1 (0.52%) Robot Framework
7 1 (0.52%) TestComplete
General
1 110 (57.59%) Front Office
2 108 (56.54%) Banking
3 104 (54.45%) Finance
4 55 (28.80%) Investment Banking
5 13 (6.81%) Back Office
6 9 (4.71%) Legal
7 2 (1.05%) General Ledger
8 1 (0.52%) Advertising
8 1 (0.52%) Financial Institution
8 1 (0.52%) German Language
8 1 (0.52%) Marketing
8 1 (0.52%) Prime Brokerage
8 1 (0.52%) Retail Banking
8 1 (0.52%) Telecoms
8 1 (0.52%) Wholesale Banking
Job Titles
1 111 (58.12%) Developer
2 47 (24.61%) Java Developer
3 41 (21.47%) Analyst
4 37 (19.37%) Senior Developer
5 30 (15.71%) Python Developer
6 25 (13.09%) Business Analyst
6 25 (13.09%) Front Office Developer
7 22 (11.52%) C# Developer
7 22 (11.52%) Senior Python Developer
8 12 (6.28%) .NET Developer
9 10 (5.24%) C# .NET Developer
9 10 (5.24%) C++ Developer
9 10 (5.24%) Senior Java Developer
10 9 (4.71%) Business IT Analyst
10 9 (4.71%) IT Analyst
10 9 (4.71%) IT Business Analyst
10 9 (4.71%) Test Analyst
11 8 (4.19%) Consultant
12 7 (3.66%) Quantitative Developer
12 7 (3.66%) Senior C# Developer
Libraries, Frameworks & Software Standards
1 26 (13.61%) .NET
2 14 (7.33%) HTML
3 12 (6.28%) .NET Framework
4 9 (4.71%) FIX Protocol
4 9 (4.71%) WCF
4 9 (4.71%) WPF
5 8 (4.19%) AngularJS
6 7 (3.66%) HTML5
7 6 (3.14%) Spring
8 5 (2.62%) Boost C++ Libraries
8 5 (2.62%) Kafka
8 5 (2.62%) React
8 5 (2.62%) XML
9 4 (2.09%) Akka
9 4 (2.09%) Apache Avro
9 4 (2.09%) Celery
9 4 (2.09%) Flask
9 4 (2.09%) Gherkin
9 4 (2.09%) OpenCL
9 4 (2.09%) Pandas
Miscellaneous
1 72 (37.70%) Fixed Income
2 49 (25.65%) Equity Derivative
3 42 (21.99%) Equities
4 35 (18.32%) Foreign Exchange (FX)
5 17 (8.90%) Credit Risk
6 12 (6.28%) Greenfield Project
6 12 (6.28%) Interest Rate Derivative
6 12 (6.28%) OTC Derivatives
7 11 (5.76%) Analytical Skills
7 11 (5.76%) Credit Derivative
8 10 (5.24%) Market Risk
9 6 (3.14%) Client/Server
9 6 (3.14%) Swaptions
10 4 (2.09%) Data Structures
10 4 (2.09%) Management Information System
11 3 (1.57%) AS400
11 3 (1.57%) Computer Science
11 3 (1.57%) Hedge funds
12 2 (1.05%) N-Tier
12 2 (1.05%) Reinsurance
Operating Systems
1 13 (6.81%) Linux
2 9 (4.71%) Unix
3 4 (2.09%) Windows
4 2 (1.05%) Solaris
4 2 (1.05%) Windows Server
Processes & Methodologies
1 88 (46.07%) Agile Software Development
2 35 (18.32%) Multithreading
3 29 (15.18%) SDLC
4 28 (14.66%) Electronic Trading
4 28 (14.66%) Low Latency
4 28 (14.66%) Risk Management
5 25 (13.09%) Asset Management
6 24 (12.57%) Unit Testing
7 19 (9.95%) Business Analysis
8 17 (8.90%) TDD
8 17 (8.90%) User Acceptance Testing
9 15 (7.85%) Multithreaded Programming
10 14 (7.33%) Migration
10 14 (7.33%) Project Management
11 12 (6.28%) Concurrent Programming
11 12 (6.28%) Investment Management
12 11 (5.76%) Analytics
12 11 (5.76%) Scrum
13 10 (5.24%) OOP
14 8 (4.19%) OO
Programming Languages
1 84 (43.98%) Java
2 48 (25.13%) SQL
3 43 (22.51%) Python
4 36 (18.85%) C#
5 35 (18.32%) VBA
6 26 (13.61%) C++
7 18 (9.42%) Scala
8 11 (5.76%) JavaScript
9 7 (3.66%) T-SQL
10 6 (3.14%) Kotlin
11 5 (2.62%) Ada
12 4 (2.09%) Bash Shell
12 4 (2.09%) Haskell
13 3 (1.57%) Perl
13 3 (1.57%) Ruby
14 2 (1.05%) C
14 2 (1.05%) Shell Script
14 2 (1.05%) Tcl
15 1 (0.52%) PL/SQL
15 1 (0.52%) VB
Qualifications
1 4 (2.09%) Degree
1 4 (2.09%) Numerate Degree
2 3 (1.57%) ISEB
3 2 (1.05%) PhD
Quality Assurance & Compliance
1 28 (14.66%) MiFID
2 16 (8.38%) EMIR
3 13 (6.81%) QA
4 6 (3.14%) Dodd-Frank
5 3 (1.57%) Basel III
5 3 (1.57%) FATCA
5 3 (1.57%) Solvency II
6 1 (0.52%) COREP
6 1 (0.52%) GDPR
6 1 (0.52%) ISO/IEC 27001
System Software
1 5 (2.62%) HDFS
2 4 (2.09%) Apache ZooKeeper
3 1 (0.52%) Apache Flume
Systems Management
1 6 (3.14%) HP Quality Center
2 4 (2.09%) Mesos
3 1 (0.52%) Oozie
3 1 (0.52%) Opscode Chef
Vendors
1 13 (6.81%) Microsoft
2 12 (6.28%) Charles River
3 11 (5.76%) Murex
4 8 (4.19%) Oracle
5 6 (3.14%) Sybase
6 5 (2.62%) Bloomberg
6 5 (2.62%) Calypso
6 5 (2.62%) Fidessa
7 4 (2.09%) Sophis
8 3 (1.57%) SunGard
9 2 (1.05%) CQG
9 2 (1.05%) DevExpress
9 2 (1.05%) FIS
9 2 (1.05%) Reuters
9 2 (1.05%) TIBCO
10 1 (0.52%) Cloudera
10 1 (0.52%) FXall
10 1 (0.52%) MarketAxess
10 1 (0.52%) Tableau
10 1 (0.52%) Tradeweb