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 24 March 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.

3 months to
24 Mar 2017
Same period 2016 Same period 2015
Derivatives
London / City of London
Rank 80 54 61
Rank change year-on-year -26 +7  
Contract jobs citing Derivative 76 123 161
As % of all contract IT jobs advertised in the City of London 2.51% 3.73% 3.19%
As % of the Miscellaneous category 6.93% 10.33% 8.67%
Number of daily rates quoted 62 106 143
Median daily rate £600 £598 £550
Median daily rate % change year-on-year +0.41% +8.63%  
90% offered a daily rate of more than £453 £450 £455
10% offered a daily rate of more than £695 £650 £675
UK excluding London median daily rate £500 £313 £463
% change year-on-year +60.00% -32.43%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
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 1096 1191 1858
As % of all contract IT job vacancies advertised in the City of London 36.15% 36.16% 36.80%
Number of daily rates quoted 841 947 1419
Median daily rate £525 £500 £465
Median daily rate % change year-on-year +5.00% +7.52%  
90% offered a daily rate of more than £308 £325 £300
10% offered a daily rate of more than £650 £675 £625
UK excluding London median daily rate £396 £375 £375
% change year-on-year +5.46% -  
Number of hourly rates quoted 8 27 36
Median hourly rate £19.00 £19.00 £17.87
Median hourly rate % change year-on-year - +6.35%  
90% offered a hourly rate of more than £13.79 £12.00 £12.65
10% offered a hourly rate of more than £28.35 £35.60 £27.37
UK excluding London median hourly rate £18.84 £29.00 £18.90
% change year-on-year -35.03% +53.43%  

Derivative
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Derivative as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

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 24 March 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 hourly rates quoted in IT contractor jobs citing Derivative in the City of London.

Contractor hourly rate trend for Derivative in the City of London

Derivative
Top 30 Related IT Skills in the City of London

For the 6 months to 24 March 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 92 (53.49%) Front Office
2 79 (45.93%) Finance
3 72 (41.86%) Banking
4 66 (38.37%) Agile Software Development
5 65 (37.79%) Foreign Exchange (FX)
6 58 (33.72%) Java
7 53 (30.81%) Investment Banking
8 51 (29.65%) Equities
9 47 (27.33%) Fixed Income
10 32 (18.60%) SQL
11 30 (17.44%) Equity Derivative
11 30 (17.44%) Multithreading
12 26 (15.12%) MiFID
13 25 (14.53%) Electronic Trading
14 22 (12.79%) C#
14 22 (12.79%) Unix
14 22 (12.79%) Analytics
15 20 (11.63%) Scala
15 20 (11.63%) Linux
15 20 (11.63%) Mathematics
15 20 (11.63%) Degree
15 20 (11.63%) Business Analysis
16 19 (11.05%) Asset Management
16 19 (11.05%) Risk Management
17 18 (10.47%) Scrum
17 18 (10.47%) Murex
17 18 (10.47%) Credit Derivative
17 18 (10.47%) User Acceptance Testing
18 17 (9.88%) Oracle
18 17 (9.88%) Migration

Derivative
Top Related 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 16 (9.30%) Apache Spark
2 6 (3.49%) Apache Pig
3 5 (2.91%) Elasticsearch
4 3 (1.74%) Confluence
5 2 (1.16%) IIS
6 1 (0.58%) Apache
6 1 (0.58%) Apache Airflow
6 1 (0.58%) Oracle Workflow
Applications
1 2 (1.16%) MS Excel
2 1 (0.58%) MS PowerPoint
2 1 (0.58%) MS Visio
Business Applications
1 8 (4.65%) Summit
2 4 (2.33%) Global One
3 3 (1.74%) Minerva
3 3 (1.74%) RMDS
4 2 (1.16%) Sentinel
4 2 (1.16%) Sophis RISQUE
4 2 (1.16%) Tesseract
5 1 (0.58%) Orchestrade
5 1 (0.58%) SimCorp Dimension
5 1 (0.58%) Temenos T24
Cloud Services
1 1 (0.58%) Microsoft Azure
Communications & Networking
1 1 (0.58%) DHCP
1 1 (0.58%) DNS
1 1 (0.58%) Fibre Channel
1 1 (0.58%) iSCSI
1 1 (0.58%) LDAP
1 1 (0.58%) NAS
1 1 (0.58%) SAN
1 1 (0.58%) SMTP
1 1 (0.58%) TCP/IP
Database & Business Intelligence
1 15 (8.72%) Hadoop
2 13 (7.56%) Big Data
3 10 (5.81%) Apache Cassandra
3 10 (5.81%) Data Warehouse
4 6 (3.49%) SQL Server
5 5 (2.91%) Data Lake
5 5 (2.91%) Hazelcast
5 5 (2.91%) NoSQL
6 3 (1.74%) Relational Database
6 3 (1.74%) SQL Server 2012
6 3 (1.74%) SQL Server Integration Services
6 3 (1.74%) SSDT
7 2 (1.16%) BusinessObjects
7 2 (1.16%) HBase
7 2 (1.16%) Oracle Database
8 1 (0.58%) Apache Hive
8 1 (0.58%) Data Mining
8 1 (0.58%) DB2
8 1 (0.58%) MS Access
8 1 (0.58%) RDBMS
Development Applications
1 10 (5.81%) JIRA
2 7 (4.07%) Subversion
3 6 (3.49%) JUnit
4 3 (1.74%) Build Forge
4 3 (1.74%) CruiseControl
4 3 (1.74%) EasyMock
4 3 (1.74%) Eclipse
4 3 (1.74%) Git (software)
4 3 (1.74%) Hudson
4 3 (1.74%) IntelliJ
4 3 (1.74%) Jenkins
4 3 (1.74%) Maven
4 3 (1.74%) Mockito
4 3 (1.74%) Team Foundation Server
5 2 (1.16%) Moq
5 2 (1.16%) MSTest
5 2 (1.16%) NUnit
5 2 (1.16%) Rhino Mocks
5 2 (1.16%) webpack
6 1 (0.58%) Toad
General
1 92 (53.49%) Front Office
2 79 (45.93%) Finance
3 72 (41.86%) Banking
4 53 (30.81%) Investment Banking
5 15 (8.72%) Back Office
6 6 (3.49%) Financial Institution
7 2 (1.16%) Legal
8 1 (0.58%) Advertising
8 1 (0.58%) French Language
8 1 (0.58%) Private Banking
8 1 (0.58%) Publishing
Job Titles
1 92 (53.49%) Developer
2 59 (34.30%) Analyst
3 49 (28.49%) Java Developer
4 43 (25.00%) Business Analyst
5 27 (15.70%) Front Office Developer
6 25 (14.53%) Senior Developer
7 19 (11.05%) Senior Java Developer
8 13 (7.56%) Derivatives Business Analyst
9 12 (6.98%) MiFID Business Analyst
10 10 (5.81%) C# Developer
11 9 (5.23%) Market Risk Developer
11 9 (5.23%) Market Risk Java Developer
11 9 (5.23%) Test Analyst
12 8 (4.65%) Senior Market Risk Java Developer
13 7 (4.07%) C++ Developer
13 7 (4.07%) Front Office Business Analyst
13 7 (4.07%) IT Business Analyst
13 7 (4.07%) Scala Developer
13 7 (4.07%) Senior Analyst
13 7 (4.07%) SQL Analyst
Libraries, Frameworks & Software Standards
1 16 (9.30%) .NET
1 16 (9.30%) HTML
2 15 (8.72%) HTML5
3 12 (6.98%) AngularJS
4 10 (5.81%) WPF
5 6 (3.49%) CSS
5 6 (3.49%) FIX Protocol
5 6 (3.49%) REST
5 6 (3.49%) Spring
5 6 (3.49%) XML
6 5 (2.91%) CSS3
6 5 (2.91%) Middleware
6 5 (2.91%) Web Services
7 4 (2.33%) JMS
7 4 (2.33%) JSON
7 4 (2.33%) React
7 4 (2.33%) WCF
8 3 (1.74%) Boost C++ Libraries
8 3 (1.74%) JPA
8 3 (1.74%) WebSockets
Miscellaneous
1 65 (37.79%) Foreign Exchange (FX)
2 51 (29.65%) Equities
3 47 (27.33%) Fixed Income
4 30 (17.44%) Equity Derivative
5 18 (10.47%) Credit Derivative
6 15 (8.72%) Computer Science
6 15 (8.72%) Market Risk
6 15 (8.72%) OTC Derivatives
7 10 (5.81%) Analytical Skills
8 6 (3.49%) Credit Risk
9 5 (2.91%) Hedge funds
10 4 (2.33%) Fintech
10 4 (2.33%) Grid Computing
10 4 (2.33%) Mainframe
10 4 (2.33%) Management Information System
11 3 (1.74%) Data Structures
11 3 (1.74%) Interest Rate Derivative
12 2 (1.16%) Virtual Team
13 1 (0.58%) Private Cloud
13 1 (0.58%) Public Cloud
Operating Systems
1 22 (12.79%) Unix
2 20 (11.63%) Linux
3 6 (3.49%) Windows
4 2 (1.16%) Solaris
4 2 (1.16%) Windows Server
5 1 (0.58%) CentOS
5 1 (0.58%) Data ONTAP
5 1 (0.58%) Red Hat Enterprise Linux
Processes & Methodologies
1 66 (38.37%) Agile Software Development
2 30 (17.44%) Multithreading
3 25 (14.53%) Electronic Trading
4 22 (12.79%) Analytics
5 20 (11.63%) Business Analysis
5 20 (11.63%) Mathematics
6 19 (11.05%) Asset Management
6 19 (11.05%) Risk Management
7 18 (10.47%) Scrum
7 18 (10.47%) User Acceptance Testing
8 17 (9.88%) Migration
9 16 (9.30%) TDD
10 13 (7.56%) Continuous Integration
11 11 (6.40%) GAP Analysis
11 11 (6.40%) OO
11 11 (6.40%) Workflow
12 10 (5.81%) Low Latency
13 9 (5.23%) Data Analytics
13 9 (5.23%) Regression Testing
13 9 (5.23%) SDLC
Programming Languages
1 58 (33.72%) Java
2 32 (18.60%) SQL
3 22 (12.79%) C#
4 20 (11.63%) Scala
5 15 (8.72%) Python
6 14 (8.14%) JavaScript
7 11 (6.40%) Haskell
8 10 (5.81%) C++
9 8 (4.65%) Shell Script
10 7 (4.07%) PowerShell
11 6 (3.49%) C
12 5 (2.91%) Perl
12 5 (2.91%) T-SQL
12 5 (2.91%) TypeScript
12 5 (2.91%) VBA
13 4 (2.33%) Bash Shell
14 3 (1.74%) PL/SQL
15 2 (1.16%) ES6
15 2 (1.16%) Korn
16 1 (0.58%) Kotlin
Qualifications
1 20 (11.63%) Degree
2 3 (1.74%) CFA
3 1 (0.58%) IIBA
3 1 (0.58%) ISEB
Quality Assurance & Compliance
1 26 (15.12%) MiFID
2 6 (3.49%) EMIR
3 4 (2.33%) QA
4 3 (1.74%) Dodd-Frank
5 1 (0.58%) Basel III
5 1 (0.58%) Data Quality
5 1 (0.58%) FATCA
5 1 (0.58%) ISO20022
5 1 (0.58%) PMO
5 1 (0.58%) Solvency II
System Software
1 3 (1.74%) Docker
1 3 (1.74%) HDFS
2 1 (0.58%) Active Directory
2 1 (0.58%) Apache ZooKeeper
2 1 (0.58%) Hyper-V
2 1 (0.58%) NFS
2 1 (0.58%) VMware Infrastructure
Systems Management
1 2 (1.16%) Control-M
2 1 (0.58%) Ansible
2 1 (0.58%) HP Quality Center
2 1 (0.58%) Nagios
2 1 (0.58%) NetBackup
2 1 (0.58%) Opscode Chef
2 1 (0.58%) Puppet
2 1 (0.58%) Salt
Vendors
1 18 (10.47%) Murex
2 17 (9.88%) Oracle
3 6 (3.49%) Microsoft
4 5 (2.91%) SmartStream
4 5 (2.91%) TIBCO
5 4 (2.33%) Charles River
6 3 (1.74%) Atlassian
6 3 (1.74%) Bloomberg
6 3 (1.74%) Reuters
6 3 (1.74%) SimCorp
7 2 (1.16%) Fidessa
7 2 (1.16%) Sophis
8 1 (0.58%) Cisco
8 1 (0.58%) Citrix
8 1 (0.58%) HP
8 1 (0.58%) NetApp
8 1 (0.58%) Solace
8 1 (0.58%) Sybase
8 1 (0.58%) Temenos
8 1 (0.58%) VMware
City, London
TEKsystems
Rate: £550 - £625 per day
Posted: 4 hours ago
City, London
Paw Associates Ltd
Rate: £Market Day Rate
Posted: 7 hours ago
City, London
TEKsystems
Rate: £550 - £600 per day
Posted: Yesterday
City, London
Haysfm
Rate: £500.00 - £560.00 per day
Posted: 3 days ago
City, London
Source Technology
Rate: From £600 to £650 per day
Posted: 4 days ago
City, London
Harrington Starr
Rate: £400 - £550 per day
Posted: 3 days ago