Period
to 29 March 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 29 March 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
29 Mar 2020
Same period 2019 Same period 2018
Rank 136 149 104
Rank change year-on-year +13 -45 -19
Contract jobs citing Derivative 47 96 178
As % of all contract jobs advertised in the City of London 1.09% 1.41% 2.51%
As % of the Miscellaneous category 3.17% 3.75% 6.12%
Number of daily rates quoted 39 74 150
Median daily rate £595 £650 £625
Median daily rate % change year-on-year -8.46% +4.00% +4.17%
10th Percentile £425 £541 £463
90th Percentile £738 £684 £778
Central London median daily rate £595 £650 £625
% change year-on-year -8.46% +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 1,484 2,563 2,910
As % of all contract IT jobs advertised in the City of London 34.51% 37.65% 41.05%
Number of daily rates quoted 1,085 1,881 2,272
Median daily rate £525 £525 £525
10th Percentile £279 £300 £313
90th Percentile £698 £688 £725
Central London median daily rate £510 £525 £520
% change year-on-year -2.86% +0.96% +5.58%
Number of hourly rates quoted 48 43 55
Median hourly rate £25.00 £18.70 £21.50
Median hourly rate % change year-on-year +33.69% -13.02% +13.16%
10th Percentile £12.42 £13.06 £12.79
90th Percentile £51.55 £37.50 £48.40
Median hourly rate £25.72 £19.63 £21.50
% change year-on-year +31.06% -8.72% +13.16%

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 29 March 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 29 March 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 28 (59.57%) Front Office
1 28 (59.57%) Finance
2 22 (46.81%) Python
3 15 (31.91%) C++
3 15 (31.91%) Java
4 13 (27.66%) SQL
4 13 (27.66%) C#
5 12 (25.53%) Agile Software Development
6 11 (23.40%) Multithreading
7 10 (21.28%) Test Automation
8 9 (19.15%) Risk Management
8 9 (19.15%) Financial Institution
8 9 (19.15%) Mathematics
9 8 (17.02%) QA
9 8 (17.02%) Fixed Income
9 8 (17.02%) .NET
9 8 (17.02%) Oracle
9 8 (17.02%) TeamCity
9 8 (17.02%) Analytics
10 7 (14.89%) NumPy
10 7 (14.89%) Foreign Exchange (FX)
11 6 (12.77%) JIRA
11 6 (12.77%) User Acceptance Testing
11 6 (12.77%) Linux
11 6 (12.77%) OTC Derivatives
12 5 (10.64%) Problem-Solving
12 5 (10.64%) Analytical Skills
12 5 (10.64%) OO
12 5 (10.64%) Windows
12 5 (10.64%) Validation

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 (4.26%) Confluence
1 2 (4.26%) Oracle Coherence
2 1 (2.13%) Apache Spark
2 1 (2.13%) IBM HTTP Server
2 1 (2.13%) Tomcat
Applications
1 2 (4.26%) Microsoft Excel
2 1 (2.13%) MS Visio
Business Applications
1 1 (2.13%) FINCAD Analytics
1 1 (2.13%) Front Arena
Cloud Services
1 4 (8.51%) Cloud Computing
2 1 (2.13%) Amazon S3
2 1 (2.13%) Amazon SQS
2 1 (2.13%) AWS
2 1 (2.13%) AWS Lambda
2 1 (2.13%) AWS Step Functions
2 1 (2.13%) Azure
2 1 (2.13%) Serverless
Database & Business Intelligence
1 3 (6.38%) SQL Server
2 2 (4.26%) MongoDB
2 2 (4.26%) Oracle Database
3 1 (2.13%) Amazon Athena
3 1 (2.13%) Amazon Aurora
3 1 (2.13%) Amazon RDS
3 1 (2.13%) Amazon Redshift
3 1 (2.13%) Data Mining
3 1 (2.13%) Data Warehouse
3 1 (2.13%) Hadoop
3 1 (2.13%) KDB
3 1 (2.13%) NoSQL
3 1 (2.13%) OLAP
3 1 (2.13%) Presto
3 1 (2.13%) QlikView
Development Applications
1 8 (17.02%) TeamCity
2 6 (12.77%) JIRA
3 5 (10.64%) Subversion
4 4 (8.51%) Cucumber
4 4 (8.51%) Octopus Deploy
5 3 (6.38%) Maven
5 3 (6.38%) SpecFlow
5 3 (6.38%) Visual Studio
6 2 (4.26%) Git (software)
7 1 (2.13%) CMake
7 1 (2.13%) Jenkins
7 1 (2.13%) JUnit
General
1 28 (59.57%) Finance
1 28 (59.57%) Front Office
2 9 (19.15%) Financial Institution
3 5 (10.64%) Banking
4 3 (6.38%) Investment Banking
5 2 (4.26%) Back Office
6 1 (2.13%) French Language
6 1 (2.13%) Legal
6 1 (2.13%) Marketing
6 1 (2.13%) Prime Brokerage
6 1 (2.13%) Retail
Job Titles
1 30 (63.83%) Developer
2 11 (23.40%) Analyst
3 9 (19.15%) Business Analyst
4 7 (14.89%) Quantitative Developer
5 6 (12.77%) Java Developer
6 5 (10.64%) Senior Developer
7 4 (8.51%) Analyst Developer
7 4 (8.51%) Business Developer
7 4 (8.51%) C# Developer
8 3 (6.38%) C++ Developer
8 3 (6.38%) Python Developer
8 3 (6.38%) Test Engineer
9 2 (4.26%) Front Office Developer
9 2 (4.26%) QA Automation Engineer
9 2 (4.26%) QA Engineer
9 2 (4.26%) Quantitative Analyst
9 2 (4.26%) RAD Developer
9 2 (4.26%) Senior C++ Developer
9 2 (4.26%) Test Automation Engineer
9 2 (4.26%) UI Developer
Libraries, Frameworks & Software Standards
1 8 (17.02%) .NET
2 7 (14.89%) NumPy
3 5 (10.64%) WPF
4 4 (8.51%) FIX Protocol
4 4 (8.51%) Spring
4 4 (8.51%) WCF
5 3 (6.38%) AngularJS
5 3 (6.38%) HTML
5 3 (6.38%) React
6 2 (4.26%) CSS
6 2 (4.26%) FIXML
6 2 (4.26%) FpML
6 2 (4.26%) Gherkin
6 2 (4.26%) Pandas
7 1 (2.13%) Backbone.js
7 1 (2.13%) Esper
7 1 (2.13%) HTML5
7 1 (2.13%) JMS
7 1 (2.13%) Pyramid
7 1 (2.13%) XSLT
Miscellaneous
1 8 (17.02%) Fixed Income
2 7 (14.89%) Foreign Exchange (FX)
3 6 (12.77%) OTC Derivatives
4 5 (10.64%) Analytical Skills
5 4 (8.51%) Credit Derivative
5 4 (8.51%) Equities
5 4 (8.51%) Market Risk
6 3 (6.38%) Credit Risk
6 3 (6.38%) Equity Derivative
7 2 (4.26%) Hedge funds
7 2 (4.26%) Interest Rate Derivative
7 2 (4.26%) Swaptions
8 1 (2.13%) Algorithms
8 1 (2.13%) CUDA
8 1 (2.13%) Data Structures
8 1 (2.13%) Greenfield Project
8 1 (2.13%) Management Information System
8 1 (2.13%) Self-Motivation
Operating Systems
1 6 (12.77%) Linux
2 5 (10.64%) Windows
3 2 (4.26%) Unix
Processes & Methodologies
1 12 (25.53%) Agile Software Development
2 11 (23.40%) Multithreading
3 10 (21.28%) Test Automation
4 9 (19.15%) Mathematics
4 9 (19.15%) Risk Management
5 8 (17.02%) Analytics
6 6 (12.77%) User Acceptance Testing
7 5 (10.64%) OO
7 5 (10.64%) Problem-Solving
7 5 (10.64%) Software Engineering
7 5 (10.64%) Validation
8 4 (8.51%) Performance Optimisation
8 4 (8.51%) Quantitative Analysis
8 4 (8.51%) Refactoring
8 4 (8.51%) Software Architecture
9 3 (6.38%) Concurrent Programming
9 3 (6.38%) Deployment Automation
9 3 (6.38%) Electronic Trading
9 3 (6.38%) Quantitative Finance
9 3 (6.38%) Waterfall
Programming Languages
1 22 (46.81%) Python
2 15 (31.91%) C++
2 15 (31.91%) Java
3 13 (27.66%) C#
3 13 (27.66%) SQL
4 3 (6.38%) F#
5 2 (4.26%) Java 8
5 2 (4.26%) JavaScript
5 2 (4.26%) VBA
6 1 (2.13%) C
6 1 (2.13%) PL/SQL
6 1 (2.13%) R
6 1 (2.13%) Shell Script
6 1 (2.13%) XAML
Qualifications
1 5 (10.64%) Degree
2 2 (4.26%) PhD
3 1 (2.13%) ACCA
3 1 (2.13%) CIMA
3 1 (2.13%) Numerate Degree
Quality Assurance & Compliance
1 8 (17.02%) QA
2 1 (2.13%) Data Quality
2 1 (2.13%) GAAP
2 1 (2.13%) IFRS
2 1 (2.13%) Sarbanes-Oxley
Systems Management
1 1 (2.13%) Control-M
Vendors
1 8 (17.02%) Oracle
2 1 (2.13%) Bloomberg
2 1 (2.13%) Fidessa
2 1 (2.13%) Informatica
2 1 (2.13%) Tableau