Period
to 21 October 2021

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 21 October 2021 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
21 Oct 2021
Same period 2020 Same period 2019
Rank 85 69 173
Rank change year-on-year -16 +104 -39
Contract jobs citing Derivative 104 53 54
As % of all contract jobs advertised in the City of London 2.67% 2.93% 0.91%
As % of the Miscellaneous category 7.04% 8.24% 3.01%
Number of daily rates quoted 88 22 41
10th Percentile £533 £514 £419
25th Percentile £606 £566 £550
Median daily rate (50th Percentile) £650 £638 £600
Median % change year-on-year +1.96% +6.25% -4.00%
75th Percentile £780 £744 £713
90th Percentile £850 £798 £738
Central London median daily rate £650 £650 £625
% change year-on-year - +4.00% -

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 1,478 643 1,793
As % of all contract IT jobs advertised in the City of London 37.96% 35.56% 30.06%
Number of daily rates quoted 1,100 445 1,377
10th Percentile £381 £306 £313
25th Percentile £489 £413 £425
Median daily rate (50th Percentile) £600 £525 £525
Median % change year-on-year +14.29% - -
75th Percentile £688 £625 £625
90th Percentile £775 £725 £700
Central London median daily rate £600 £525 £525
% change year-on-year +14.29% - -
Number of hourly rates quoted 24 24 33
10th Percentile £9.50 £15.75 £11.35
25th Percentile £20.94 £22.88 £12.76
Median hourly rate £34.75 £35.75 £20.50
Median % change year-on-year -2.80% +74.39% +6.49%
75th Percentile £42.81 £46.00 £23.75
90th Percentile £61.75 £47.75 £48.67
Central London median hourly rate £35.00 £34.50 £20.67
% change year-on-year +1.45% +66.95% +7.35%

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 21 October 2021.

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 21 October 2021, 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 (71.15%) Banking
2 56 (53.85%) Finance
2 56 (53.85%) Investment Banking
3 50 (48.08%) Agile Software Development
4 42 (40.38%) C#
4 42 (40.38%) SQL
5 33 (31.73%) .NET
6 32 (30.77%) TDD
6 32 (30.77%) Front Office
7 27 (25.96%) Interest Rate Derivative
7 27 (25.96%) Azure
7 27 (25.96%) AngularJS
8 25 (24.04%) TypeScript
8 25 (24.04%) Fixed Income
8 25 (24.04%) Java
9 24 (23.08%) Python
10 23 (22.12%) AWS
10 23 (22.12%) Continuous Integration
11 22 (21.15%) Git (software)
11 22 (21.15%) Visual Studio
12 21 (20.19%) C++
12 21 (20.19%) SDLC
13 18 (17.31%) Mathematics
14 17 (16.35%) Social Skills
15 16 (15.38%) Equities
16 15 (14.42%) Software Engineering
17 14 (13.46%) Oracle
17 14 (13.46%) DevOps
18 12 (11.54%) Foreign Exchange (FX)
19 11 (10.58%) Linux

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 (1.92%) Apache Spark
2 1 (0.96%) Elasticsearch
2 1 (0.96%) Oracle Workflow
Applications
1 7 (6.73%) Microsoft Excel
2 3 (2.88%) Microsoft Project
2 3 (2.88%) Spreadsheet
3 1 (0.96%) MS Visio
Business Applications
1 4 (3.85%) FINCAD Analytics
1 4 (3.85%) SunGard Martini
2 1 (0.96%) Eikon
2 1 (0.96%) Oracle FAH
2 1 (0.96%) Oracle General Ledger
2 1 (0.96%) Oracle Subledger Accounting
Cloud Services
1 27 (25.96%) Azure
2 23 (22.12%) AWS
3 2 (1.92%) Power Platform
4 1 (0.96%) Amazon ECS
4 1 (0.96%) Amazon EKS
Communications & Networking
1 2 (1.92%) LAN
1 2 (1.92%) TCP/IP
2 1 (0.96%) HTTP
Database & Business Intelligence
1 6 (5.77%) NoSQL
1 6 (5.77%) SQL Server
2 5 (4.81%) Oracle Database
3 3 (2.88%) Azure SQL Database
4 2 (1.92%) KDB
4 2 (1.92%) Power BI
5 1 (0.96%) Amazon DynamoDB
5 1 (0.96%) Relational Database
Development Applications
1 22 (21.15%) Git (software)
1 22 (21.15%) Visual Studio
2 8 (7.69%) JIRA
3 2 (1.92%) TeamCity
4 1 (0.96%) Oracle APEX
General
1 74 (71.15%) Banking
2 56 (53.85%) Finance
2 56 (53.85%) Investment Banking
3 32 (30.77%) Front Office
4 17 (16.35%) Social Skills
5 3 (2.88%) Analytical Skills
5 3 (2.88%) Back Office
5 3 (2.88%) International Banking
6 1 (0.96%) Financial Institution
6 1 (0.96%) General Ledger
6 1 (0.96%) Organisational Skills
6 1 (0.96%) Prime Brokerage
Job Titles
1 76 (73.08%) Developer
2 33 (31.73%) C# Developer
3 17 (16.35%) Java Developer
4 16 (15.38%) Python Developer
5 12 (11.54%) Analyst
6 7 (6.73%) Business Analyst
6 7 (6.73%) Quantitative Developer
7 6 (5.77%) C# Developer - Commodities
7 6 (5.77%) Python Engineer
7 6 (5.77%) Senior Developer
8 5 (4.81%) Banking Analyst
9 4 (3.85%) Angular Developer
9 4 (3.85%) C++ Developer
9 4 (3.85%) Python Developer - Fintech
9 4 (3.85%) Senior Java Developer
9 4 (3.85%) VBA Developer
10 3 (2.88%) C# Quant Developer
10 3 (2.88%) Quantitative Specialist
10 3 (2.88%) React Developer
10 3 (2.88%) Risk Analyst
Libraries, Frameworks & Software Standards
1 33 (31.73%) .NET
2 27 (25.96%) AngularJS
3 9 (8.65%) WPF
4 6 (5.77%) React
4 6 (5.77%) XSLT
5 4 (3.85%) Spring
5 4 (3.85%) Spring Boot
5 4 (3.85%) WCF
6 3 (2.88%) ASP.NET
6 3 (2.88%) FIX Protocol
6 3 (2.88%) HTML
6 3 (2.88%) Redux
7 2 (1.92%) .NET Framework
7 2 (1.92%) Apache Flex
7 2 (1.92%) HTML5
7 2 (1.92%) Kafka
7 2 (1.92%) LINQ
7 2 (1.92%) Middleware
7 2 (1.92%) RESTful
7 2 (1.92%) XML
Miscellaneous
1 27 (25.96%) Interest Rate Derivative
2 25 (24.04%) Fixed Income
3 16 (15.38%) Equities
4 12 (11.54%) Foreign Exchange (FX)
5 11 (10.58%) Equity Derivative
6 8 (7.69%) Market Risk
7 7 (6.73%) Credit Derivative
8 6 (5.77%) Credit Risk
8 6 (5.77%) Exotic Derivative
9 2 (1.92%) Data Structures
9 2 (1.92%) DTCC
9 2 (1.92%) Greenfield Project
10 1 (0.96%) Contract for Difference
10 1 (0.96%) N-Tier
10 1 (0.96%) OTC Derivatives
10 1 (0.96%) Synthetic Equity
Operating Systems
1 11 (10.58%) Linux
2 9 (8.65%) Unix
3 4 (3.85%) Windows
Processes & Methodologies
1 50 (48.08%) Agile Software Development
2 32 (30.77%) TDD
3 23 (22.12%) Continuous Integration
4 21 (20.19%) SDLC
5 18 (17.31%) Mathematics
6 15 (14.42%) Software Engineering
7 14 (13.46%) DevOps
8 9 (8.65%) Analytics
8 9 (8.65%) Multithreading
9 8 (7.69%) Risk Management
10 6 (5.77%) Fintech
10 6 (5.77%) Physics
10 6 (5.77%) Quantitative Finance
10 6 (5.77%) User Acceptance Testing
11 5 (4.81%) Migration
11 5 (4.81%) System Integration Testing
12 4 (3.85%) Data Management
12 4 (3.85%) Electronic Trading
12 4 (3.85%) Market Making
12 4 (3.85%) Microservices
Programming Languages
1 42 (40.38%) C#
1 42 (40.38%) SQL
2 25 (24.04%) Java
2 25 (24.04%) TypeScript
3 24 (23.08%) Python
4 21 (20.19%) C++
5 5 (4.81%) VBA
6 4 (3.85%) JavaScript
7 3 (2.88%) C
8 2 (1.92%) Java 11
8 2 (1.92%) Java 8
8 2 (1.92%) Kotlin
8 2 (1.92%) Perl
8 2 (1.92%) Shell Script
8 2 (1.92%) VB.NET
9 1 (0.96%) Apex Code
Qualifications
1 1 (0.96%) ACCA
1 1 (0.96%) CFA
1 1 (0.96%) CIMA
Quality Assurance & Compliance
1 2 (1.92%) Basel III
1 2 (1.92%) CRD IV
1 2 (1.92%) MiFID
2 1 (0.96%) Dodd-Frank
2 1 (0.96%) EMIR
2 1 (0.96%) GAAP
2 1 (0.96%) IFRS
2 1 (0.96%) QA
System Software
1 8 (7.69%) Docker
Systems Management
1 10 (9.62%) Kubernetes
Vendors
1 14 (13.46%) Oracle
2 6 (5.77%) Sybase
3 4 (3.85%) SunGard
4 2 (1.92%) Microsoft
4 2 (1.92%) Murex
5 1 (0.96%) Calypso
5 1 (0.96%) FIS
5 1 (0.96%) Refinitiv