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 3 months to 29 June 2017 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
London / City of London
3 months to
29 Jun 2017
Same period 2016 Same period 2015
Rank 74 74 76
Rank change year-on-year 0 +2  
Contract jobs citing Derivative 100 94 152
As % of all contract IT jobs advertised in the City of London 3.06% 2.81% 2.61%
As % of the Miscellaneous category 7.34% 7.13% 6.79%
Number of daily rates quoted 86 88 135
Median daily rate £600 £550 £590
Median daily rate % change year-on-year +9.09% -6.77%  
90% offered a daily rate of more than £463 £425 £468
10% offered a daily rate of more than £725 £654 £713
UK excluding London median daily rate £500 £320 £400
% change year-on-year +56.25% -20.00%  
Number of hourly rates quoted 0 2 0
Median hourly rate - £65.00 -
UK excluding London median hourly rate - - -

Derivative is in the generic IT skills category. The next 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.

Generic IT Skills
City of London
Contract job vacancies with a requirement for generic IT skills 1363 1318 2239
As % of all contract IT job vacancies advertised in the City of London 41.71% 39.44% 38.39%
Number of daily rates quoted 1561 1590 2607
Median daily rate £535 £475 £475
Median daily rate % change year-on-year +12.63% -  
90% offered a daily rate of more than £313 £300 £275
10% offered a daily rate of more than £700 £675 £664
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00%  
Number of hourly rates quoted 26 35 57
Median hourly rate £18.70 £17.50 £21.50
Median hourly rate % change year-on-year +6.82% -18.60%  
90% offered a hourly rate of more than £12.52 £11.25 £15.08
10% offered a hourly rate of more than £22.86 £73.00 £58.90
UK excluding London median hourly rate £25.00 £23.00 £18.00
% change year-on-year +8.69% +27.77%  

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 3 months to 29 June 2017.

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 29 June 2017, IT contractor jobs citing Derivative also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Derivative.

1 86 (49.14%) Banking
2 84 (48.00%) Finance
3 77 (44.00%) Front Office
4 64 (36.57%) Agile Software Development
5 57 (32.57%) Investment Banking
6 52 (29.71%) Foreign Exchange (FX)
7 50 (28.57%) Fixed Income
8 48 (27.43%) Equities
9 46 (26.29%) Java
10 38 (21.71%) Equity Derivative
10 38 (21.71%) Electronic Trading
11 34 (19.43%) MiFID
12 33 (18.86%) SQL
13 32 (18.29%) C#
14 30 (17.14%) Multithreading
15 26 (14.86%) Unix
16 25 (14.29%) .NET
17 22 (12.57%) Oracle
17 22 (12.57%) Business Analysis
18 20 (11.43%) Linux
18 20 (11.43%) Migration
19 19 (10.86%) JIRA
20 18 (10.29%) Analytics
21 17 (9.71%) Mathematics
21 17 (9.71%) C++
21 17 (9.71%) Python
22 16 (9.14%) TDD
22 16 (9.14%) AngularJS
23 15 (8.57%) OO
24 14 (8.00%) JavaScript

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 5 (2.86%) Elasticsearch
2 3 (1.71%) Apache Spark
2 3 (1.71%) Confluence
3 1 (0.57%) Apache
3 1 (0.57%) Apache Airflow
3 1 (0.57%) Apache Pig
Applications
1 2 (1.14%) Microsoft Project
1 2 (1.14%) MS Visio
2 1 (0.57%) Microsoft Excel
2 1 (0.57%) Microsoft Office
Business Applications
1 8 (4.57%) Global One
2 7 (4.00%) Summit
3 3 (1.71%) Endur
4 1 (0.57%) Eagle PACE
4 1 (0.57%) Markit EDM
4 1 (0.57%) Minerva
4 1 (0.57%) RMDS
4 1 (0.57%) SimCorp Dimension
4 1 (0.57%) Temenos T24
Cloud Services
1 1 (0.57%) Microsoft Azure
Communications & Networking
1 2 (1.14%) TCP/IP
2 1 (0.57%) DHCP
2 1 (0.57%) DNS
2 1 (0.57%) Fibre Channel
2 1 (0.57%) iSCSI
2 1 (0.57%) LDAP
2 1 (0.57%) NAS
2 1 (0.57%) SAN
2 1 (0.57%) SMTP
Database & Business Intelligence
1 11 (6.29%) Data Warehouse
1 11 (6.29%) SQL Server
2 9 (5.14%) BusinessObjects
2 9 (5.14%) Oracle Database
3 6 (3.43%) Hazelcast
3 6 (3.43%) KDB
4 4 (2.29%) Big Data
4 4 (2.29%) Hadoop
4 4 (2.29%) Relational Database
5 3 (1.71%) BusinessObjects XI
5 3 (1.71%) Kdb+
6 2 (1.14%) Apache Cassandra
6 2 (1.14%) DB2
6 2 (1.14%) NoSQL
6 2 (1.14%) RDBMS
7 1 (0.57%) Data Lake
7 1 (0.57%) Data Mining
7 1 (0.57%) MS Access
7 1 (0.57%) OLAP
7 1 (0.57%) Oracle Reports
Development Applications
1 19 (10.86%) JIRA
2 5 (2.86%) Robot Framework
2 5 (2.86%) Toad
3 4 (2.29%) Moq
3 4 (2.29%) NUnit
4 3 (1.71%) Git (software)
4 3 (1.71%) Subversion
5 2 (1.14%) MSTest
5 2 (1.14%) Rhino Mocks
5 2 (1.14%) webpack
6 1 (0.57%) Cucumber
6 1 (0.57%) ERwin
6 1 (0.57%) GitLab
6 1 (0.57%) JUnit
6 1 (0.57%) Maven
6 1 (0.57%) Oracle APEX
6 1 (0.57%) Selenium
6 1 (0.57%) TeamCity
6 1 (0.57%) XMLSpy
General
1 86 (49.14%) Banking
2 84 (48.00%) Finance
3 77 (44.00%) Front Office
4 57 (32.57%) Investment Banking
5 5 (2.86%) Back Office
6 3 (1.71%) Legal
7 2 (1.14%) Financial Institution
8 1 (0.57%) Private Banking
8 1 (0.57%) Spanish Language
Job Titles
1 101 (57.71%) Developer
2 58 (33.14%) Analyst
3 40 (22.86%) Business Analyst
4 32 (18.29%) Java Developer
5 27 (15.43%) C# Developer
6 26 (14.86%) Front Office Developer
6 26 (14.86%) Senior Developer
7 12 (6.86%) Business IT Analyst
7 12 (6.86%) IT Analyst
7 12 (6.86%) IT Business Analyst
8 11 (6.29%) Senior Java Developer
9 10 (5.71%) Electronic Trading Business Analyst
9 10 (5.71%) Oracle Developer
10 9 (5.14%) .NET Developer
10 9 (5.14%) C# .NET Developer
10 9 (5.14%) JavaScript Developer
10 9 (5.14%) Test Analyst
11 8 (4.57%) Fixed Income Business Analyst
11 8 (4.57%) MiFID Business Analyst
11 8 (4.57%) Support Analyst
Libraries, Frameworks & Software Standards
1 25 (14.29%) .NET
2 16 (9.14%) AngularJS
3 13 (7.43%) WPF
4 12 (6.86%) React
5 11 (6.29%) FIX Protocol
6 10 (5.71%) HTML
6 10 (5.71%) Node.js
7 9 (5.14%) HTML5
8 7 (4.00%) WCF
9 6 (3.43%) XML
10 5 (2.86%) FpML
10 5 (2.86%) REST
11 4 (2.29%) CSS
11 4 (2.29%) Redux
12 3 (1.71%) .NET Framework
12 3 (1.71%) Boost C++ Libraries
12 3 (1.71%) CSS3
12 3 (1.71%) Middleware
12 3 (1.71%) Spring
12 3 (1.71%) WebSockets
Miscellaneous
1 52 (29.71%) Foreign Exchange (FX)
2 50 (28.57%) Fixed Income
3 48 (27.43%) Equities
4 38 (21.71%) Equity Derivative
5 12 (6.86%) Computer Science
6 11 (6.29%) Analytical Skills
6 11 (6.29%) Greenfield Project
7 10 (5.71%) Credit Risk
7 10 (5.71%) OTC Derivatives
8 9 (5.14%) Credit Derivative
9 7 (4.00%) Interest Rate Derivative
9 7 (4.00%) Management Information System
10 4 (2.29%) Data Structures
10 4 (2.29%) Fintech
10 4 (2.29%) Mainframe
10 4 (2.29%) Market Risk
11 2 (1.14%) Reference Data
11 2 (1.14%) User Experience
12 1 (0.57%) Enterprise Storage
12 1 (0.57%) SWIFT
Operating Systems
1 26 (14.86%) Unix
2 20 (11.43%) Linux
3 4 (2.29%) Windows
4 1 (0.57%) CentOS
4 1 (0.57%) Data ONTAP
4 1 (0.57%) Red Hat Enterprise Linux
4 1 (0.57%) Solaris
Processes & Methodologies
1 64 (36.57%) Agile Software Development
2 38 (21.71%) Electronic Trading
3 30 (17.14%) Multithreading
4 22 (12.57%) Business Analysis
5 20 (11.43%) Migration
6 18 (10.29%) Analytics
7 17 (9.71%) Mathematics
8 16 (9.14%) TDD
9 15 (8.57%) OO
10 14 (8.00%) Asset Management
10 14 (8.00%) Scrum
10 14 (8.00%) Test Automation
11 12 (6.86%) GAP Analysis
11 12 (6.86%) Risk Management
11 12 (6.86%) Unit Testing
12 11 (6.29%) Continuous Integration
12 11 (6.29%) SDLC
13 10 (5.71%) BDD
13 10 (5.71%) Data Management
13 10 (5.71%) Low Latency
Programming Languages
1 46 (26.29%) Java
2 33 (18.86%) SQL
3 32 (18.29%) C#
4 17 (9.71%) C++
4 17 (9.71%) Python
5 14 (8.00%) JavaScript
6 10 (5.71%) Shell Script
7 9 (5.14%) Scala
8 8 (4.57%) PL/SQL
9 6 (3.43%) Perl
9 6 (3.43%) VBA
10 4 (2.29%) T-SQL
11 3 (1.71%) ES6
11 3 (1.71%) VB.NET
12 2 (1.14%) C
12 2 (1.14%) Haskell
13 1 (0.57%) Korn
13 1 (0.57%) VB
13 1 (0.57%) VB6
13 1 (0.57%) VC++
Qualifications
1 14 (8.00%) Degree
2 9 (5.14%) Computer Science Degree
3 3 (1.71%) CFA
4 2 (1.14%) ISEB
5 1 (0.57%) IIBA
5 1 (0.57%) Master's Degree
5 1 (0.57%) Numerate Degree
5 1 (0.57%) PRINCE2 Certification
Quality Assurance & Compliance
1 34 (19.43%) MiFID
2 11 (6.29%) EMIR
3 5 (2.86%) QA
4 3 (1.71%) Dodd-Frank
5 2 (1.14%) Data Quality
6 1 (0.57%) FATCA
6 1 (0.57%) ISO 20022
6 1 (0.57%) PMO
6 1 (0.57%) Solvency II
System Software
1 2 (1.14%) Docker
1 2 (1.14%) HDFS
2 1 (0.57%) Active Directory
2 1 (0.57%) Hyper-V
2 1 (0.57%) NFS
2 1 (0.57%) Virtual Machines
2 1 (0.57%) VMware Infrastructure
Systems Management
1 1 (0.57%) Ansible
1 1 (0.57%) Nagios
1 1 (0.57%) NetBackup
1 1 (0.57%) Opscode Chef
1 1 (0.57%) Puppet
1 1 (0.57%) Salt
1 1 (0.57%) vCenter Server
Vendors
1 22 (12.57%) Oracle
2 10 (5.71%) Murex
3 6 (3.43%) SimCorp
4 3 (1.71%) Bloomberg
4 3 (1.71%) Charles River
4 3 (1.71%) Infragistics
4 3 (1.71%) Microsoft
4 3 (1.71%) OpenLink
5 2 (1.14%) ION Trading
5 2 (1.14%) Typemock
6 1 (0.57%) Atlassian
6 1 (0.57%) Cisco
6 1 (0.57%) NetApp
6 1 (0.57%) Solace
6 1 (0.57%) Sophis
6 1 (0.57%) Sybase
6 1 (0.57%) Temenos
6 1 (0.57%) TIBCO
6 1 (0.57%) Tradeweb
6 1 (0.57%) VMware
City, London
TEKsystems
Rate: £550 - £600 per day
Posted: 2 days ago
City of London
TDA Group
Rate: £80000 - £100000 per annum + Bonus
Posted: 5 days ago
City, London
Paw Associates Ltd
Rate: Market Rate
Posted: 5 days ago