Period
to 16 October 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 16 October 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
16 Oct 2018
Same period 2017 Same period 2016
Rank 142 68 109
Rank change year-on-year -74 +41 -30
Contract jobs citing Derivative 135 248 151
As % of all contract IT jobs advertised in the City of London 1.93% 3.62% 2.28%
As % of the Miscellaneous category 4.47% 8.35% 5.44%
Number of daily rates quoted 106 208 134
City of London median daily rate £625 £600 £550
Median daily rate % change year-on-year +4.17% +9.09% -4.35%
10th Percentile £503 £463 £425
90th Percentile £775 £725 £688
Central London median daily rate £625 £600 £550
% change year-on-year +4.17% +9.09% -4.35%
Number of hourly rates quoted 0 0 2
City of London median hourly rate - - £65.00
Central London median hourly rate - - £65.00

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 3,020 2,971 2,775
As % of all contract IT jobs advertised in the City of London 43.08% 43.36% 41.82%
Number of daily rates quoted 2,350 2,283 2,211
City of London median daily rate £525 £525 £475
Median daily rate % change year-on-year - +10.53% -
10th Percentile £306 £320 £313
90th Percentile £713 £700 £675
Central London median daily rate £525 £525 £475
% change year-on-year - +10.53% -
Number of hourly rates quoted 58 35 30
City of London median hourly rate £19.25 £20.50 £19.00
Median hourly rate % change year-on-year -6.10% +7.89% -9.52%
10th Percentile £13.18 £12.61 £11.25
90th Percentile £37.09 £33.25 £85.08
Central London median hourly rate £19.38 £19.50 £19.00
% change year-on-year -0.64% +2.63% -5.00%

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 16 October 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 16 October 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 68 (50.37%) Front Office
2 63 (46.67%) Agile Software Development
3 59 (43.70%) Java
4 57 (42.22%) Finance
5 49 (36.30%) Equities
6 48 (35.56%) Banking
7 44 (32.59%) Fixed Income
8 39 (28.89%) C#
9 35 (25.93%) SQL Server
10 33 (24.44%) Equity Derivative
11 31 (22.96%) Foreign Exchange (FX)
12 30 (22.22%) SQL
12 30 (22.22%) Multithreading
13 27 (20.00%) Python
14 26 (19.26%) TDD
15 24 (17.78%) Low Latency
16 23 (17.04%) Problem-Solving
17 20 (14.81%) Electronic Trading
18 19 (14.07%) Asset Management
18 19 (14.07%) Investment Banking
18 19 (14.07%) .NET
18 19 (14.07%) OO
19 18 (13.33%) JavaScript
20 17 (12.59%) SDLC
21 16 (11.85%) Analytical Skills
21 16 (11.85%) Migration
22 15 (11.11%) HTML
22 15 (11.11%) VBA
22 15 (11.11%) Microsoft Excel
22 15 (11.11%) Unit Testing

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 3 (2.22%) Apache Spark
1 3 (2.22%) Elasticsearch
2 2 (1.48%) Apache Solr
2 2 (1.48%) Confluence
2 2 (1.48%) Tomcat
3 1 (0.74%) Oracle Coherence
Applications
1 15 (11.11%) Microsoft Excel
2 3 (2.22%) Spreadsheet
Business Applications
1 1 (0.74%) ION MarketView
1 1 (0.74%) Markit EDM
1 1 (0.74%) Sentinel
1 1 (0.74%) Summit
Cloud Services
1 7 (5.19%) Amazon AWS
2 2 (1.48%) Cloud Computing
2 2 (1.48%) Microsoft Azure
3 1 (0.74%) CloudFront
3 1 (0.74%) Fastly
Communications & Networking
1 2 (1.48%) BIG-IP
Database & Business Intelligence
1 35 (25.93%) SQL Server
2 12 (8.89%) Relational Database
3 8 (5.93%) MongoDB
3 8 (5.93%) RDBMS
4 7 (5.19%) KDB
4 7 (5.19%) SQL Server Integration Services
5 6 (4.44%) NoSQL
6 5 (3.70%) DB2
6 5 (3.70%) MySQL
7 4 (2.96%) Data Warehouse
7 4 (2.96%) SQL Server Reporting Services
8 3 (2.22%) MS Access
9 2 (1.48%) Apache Cassandra
9 2 (1.48%) HBase
9 2 (1.48%) Kdb+
9 2 (1.48%) Oracle Database
9 2 (1.48%) Oracle Database 10g
9 2 (1.48%) Oracle Database 11g
9 2 (1.48%) Riak
10 1 (0.74%) Amazon Aurora
Development Applications
1 11 (8.15%) JIRA
1 11 (8.15%) Maven
2 9 (6.67%) Git (software)
2 9 (6.67%) Jenkins
3 6 (4.44%) Cucumber
3 6 (4.44%) Subversion
4 5 (3.70%) SpecFlow
4 5 (3.70%) Visual Studio
5 4 (2.96%) JUnit
5 4 (2.96%) Mockito
5 4 (2.96%) Moq
5 4 (2.96%) NUnit
5 4 (2.96%) Rhino Mocks
5 4 (2.96%) Robot Framework
5 4 (2.96%) TestComplete
6 3 (2.22%) Selenium
6 3 (2.22%) Team Foundation Server
7 2 (1.48%) jMock
7 2 (1.48%) Octopus Deploy
7 2 (1.48%) SoapUI
General
1 68 (50.37%) Front Office
2 57 (42.22%) Finance
3 48 (35.56%) Banking
4 19 (14.07%) Investment Banking
5 9 (6.67%) Back Office
6 3 (2.22%) Telecoms
7 2 (1.48%) Financial Institution
7 2 (1.48%) Legal
7 2 (1.48%) Prime Brokerage
Job Titles
1 91 (67.41%) Developer
2 38 (28.15%) Java Developer
3 30 (22.22%) Analyst
4 24 (17.78%) Senior Developer
5 23 (17.04%) C# Developer
6 22 (16.30%) Front Office Developer
7 19 (14.07%) Business Analyst
8 13 (9.63%) Python Developer
9 10 (7.41%) .NET Developer
9 10 (7.41%) C# .NET Developer
10 9 (6.67%) Senior Java Developer
10 9 (6.67%) SQL Developer
11 7 (5.19%) Analyst Developer
11 7 (5.19%) Quantitative Developer
11 7 (5.19%) VBA Developer
12 6 (4.44%) Agile Developer
12 6 (4.44%) Agile Java Developer
12 6 (4.44%) Senior C# Developer
13 5 (3.70%) Senior Python Developer
13 5 (3.70%) Test Analyst
Libraries, Frameworks & Software Standards
1 19 (14.07%) .NET
2 15 (11.11%) HTML
3 14 (10.37%) FIX Protocol
4 13 (9.63%) AngularJS
5 12 (8.89%) HTML5
6 10 (7.41%) JMS
7 9 (6.67%) Middleware
7 9 (6.67%) React
7 9 (6.67%) Spring
7 9 (6.67%) WPF
8 6 (4.44%) JSON
8 6 (4.44%) Rendezvous
8 6 (4.44%) REST
9 5 (3.70%) RabbitMQ
9 5 (3.70%) RESTful
9 5 (3.70%) WCF
10 4 (2.96%) ActiveMQ
10 4 (2.96%) ASP.NET Web API
10 4 (2.96%) CSS
10 4 (2.96%) XML
Miscellaneous
1 49 (36.30%) Equities
2 44 (32.59%) Fixed Income
3 33 (24.44%) Equity Derivative
4 31 (22.96%) Foreign Exchange (FX)
5 16 (11.85%) Analytical Skills
6 11 (8.15%) Greenfield Project
7 9 (6.67%) Self-Motivation
8 8 (5.93%) OTC Derivatives
9 7 (5.19%) Computer Science
9 7 (5.19%) Interest Rate Derivative
10 6 (4.44%) Hedge funds
11 5 (3.70%) Fintech
11 5 (3.70%) Reference Data
12 4 (2.96%) Analytical Mindset
12 4 (2.96%) Credit Derivative
13 3 (2.22%) Algorithms
14 2 (1.48%) Enterprise Software
15 1 (0.74%) Exotic Derivative
15 1 (0.74%) Market Risk
15 1 (0.74%) SWIFT
Operating Systems
1 6 (4.44%) Windows
2 4 (2.96%) Unix
3 3 (2.22%) Linux
4 1 (0.74%) Windows Server
Processes & Methodologies
1 63 (46.67%) Agile Software Development
2 30 (22.22%) Multithreading
3 26 (19.26%) TDD
4 24 (17.78%) Low Latency
5 23 (17.04%) Problem-Solving
6 20 (14.81%) Electronic Trading
7 19 (14.07%) Asset Management
7 19 (14.07%) OO
8 17 (12.59%) SDLC
9 16 (11.85%) Migration
10 15 (11.11%) Analytics
10 15 (11.11%) Microservices
10 15 (11.11%) Test Automation
10 15 (11.11%) Unit Testing
11 11 (8.15%) BDD
11 11 (8.15%) Scrum
12 10 (7.41%) OOD
12 10 (7.41%) Risk Management
13 9 (6.67%) Business Analysis
13 9 (6.67%) Continuous Integration
Programming Languages
1 59 (43.70%) Java
2 39 (28.89%) C#
3 30 (22.22%) SQL
4 27 (20.00%) Python
5 18 (13.33%) JavaScript
6 15 (11.11%) VBA
7 13 (9.63%) C++
8 11 (8.15%) Java 8
9 8 (5.93%) Scala
10 7 (5.19%) C
10 7 (5.19%) R
11 6 (4.44%) T-SQL
12 4 (2.96%) TypeScript
13 3 (2.22%) PowerShell
14 2 (1.48%) Clojure
14 2 (1.48%) ES6
14 2 (1.48%) Kotlin
14 2 (1.48%) VB
14 2 (1.48%) VBScript
15 1 (0.74%) PHP
Qualifications
1 4 (2.96%) Degree
1 4 (2.96%) ISTQB
2 2 (1.48%) PhD
3 1 (0.74%) Computer Science Degree
3 1 (0.74%) PRINCE2 Certification
Quality Assurance & Compliance
1 9 (6.67%) QA
2 3 (2.22%) MiFID
3 1 (0.74%) PMO
System Software
1 7 (5.19%) Docker
Systems Management
1 5 (3.70%) Control-M
2 4 (2.96%) HP ALM
2 4 (2.96%) Kubernetes
3 3 (2.22%) HP Quality Center
4 2 (1.48%) Ansible
4 2 (1.48%) ITRS Geneos
5 1 (0.74%) Kibana
5 1 (0.74%) logstash
Vendors
1 11 (8.15%) TIBCO
2 9 (6.67%) Oracle
3 7 (5.19%) Bloomberg
3 7 (5.19%) Microsoft
4 6 (4.44%) Sybase
5 5 (3.70%) Tableau
6 3 (2.22%) FactSet
6 3 (2.22%) ION Trading
6 3 (2.22%) Solace
7 2 (1.48%) Calypso
7 2 (1.48%) F5
7 2 (1.48%) FXall
7 2 (1.48%) HP
7 2 (1.48%) Informatica
7 2 (1.48%) RedGate
8 1 (0.74%) Charles River
8 1 (0.74%) Currenex
8 1 (0.74%) eSpeed
8 1 (0.74%) Murex
8 1 (0.74%) Reuters