Period
to 14 November 2019

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 14 November 2019 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
14 Nov 2019
Same period 2018 Same period 2017
Rank 176 139 70
Rank change year-on-year -37 -69 +39
Contract jobs citing Derivative 53 122 251
As % of all contract IT jobs advertised in the City of London 0.90% 1.73% 3.51%
As % of the Miscellaneous category 2.83% 4.34% 8.29%
Number of daily rates quoted 42 96 206
City of London median daily rate £600 £625 £625
Median daily rate % change year-on-year -4.00% - +8.70%
10th Percentile £419 £494 £469
90th Percentile £736 £731 £738
Central London median daily rate £600 £625 £624
% change year-on-year -4.00% +0.20% +8.48%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

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 1,873 2,813 3,027
As % of all contract IT jobs advertised in the City of London 31.75% 39.83% 42.38%
Number of daily rates quoted 1,428 2,189 2,332
City of London median daily rate £525 £525 £525
10th Percentile £300 £298 £315
90th Percentile £700 £713 £713
Central London median daily rate £525 £525 £525
Number of hourly rates quoted 28 61 37
City of London median hourly rate £20.92 £19.50 £22.02
Median hourly rate % change year-on-year +7.26% -11.42% +15.87%
10th Percentile £12.53 £13.31 £12.90
90th Percentile £51.55 £37.09 £33.25
Central London median hourly rate £21.00 £19.50 £20.85
% change year-on-year +7.69% -6.47% +19.14%

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 14 November 2019.

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 14 November 2019, 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 34 (64.15%) Finance
2 31 (58.49%) Front Office
3 29 (54.72%) Agile Software Development
4 17 (32.08%) Java
5 15 (28.30%) Banking
5 15 (28.30%) Equities
5 15 (28.30%) Test Automation
6 13 (24.53%) SQL
7 12 (22.64%) C#
7 12 (22.64%) Python
8 11 (20.75%) Linux
8 11 (20.75%) Fixed Income
9 10 (18.87%) JIRA
9 10 (18.87%) Cucumber
10 9 (16.98%) Confluence
10 9 (16.98%) MongoDB
10 9 (16.98%) QA
10 9 (16.98%) Foreign Exchange (FX)
10 9 (16.98%) Oracle
10 9 (16.98%) SQL Server
10 9 (16.98%) Problem-Solving
11 8 (15.09%) C++
11 8 (15.09%) Investment Banking
11 8 (15.09%) Equity Derivative
11 8 (15.09%) Scala
11 8 (15.09%) Analytics
11 8 (15.09%) React
12 7 (13.21%) Selenium
12 7 (13.21%) Business Analysis
12 7 (13.21%) 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 9 (16.98%) Confluence
2 3 (5.66%) Apache Spark
2 3 (5.66%) Oracle Coherence
3 2 (3.77%) Elasticsearch
3 2 (3.77%) JBoss
3 2 (3.77%) Jetty
3 2 (3.77%) Oracle Self-Service HR
3 2 (3.77%) Tomcat
3 2 (3.77%) WebLogic
Applications
1 6 (11.32%) Microsoft Excel
2 4 (7.55%) MS Visio
3 2 (3.77%) Microsoft PowerPoint
4 1 (1.89%) Microsoft Office
4 1 (1.89%) Spreadsheet
Business Applications
1 1 (1.89%) Bloomberg TOMS
1 1 (1.89%) FINCAD Analytics
1 1 (1.89%) Kondor
Cloud Services
1 3 (5.66%) AWS
2 2 (3.77%) Azure
2 2 (3.77%) Cloud Computing
3 1 (1.89%) Amazon S3
3 1 (1.89%) Amazon SQS
3 1 (1.89%) AWS Lambda
3 1 (1.89%) AWS Step Functions
3 1 (1.89%) Serverless
Communications & Networking
1 2 (3.77%) SSH
2 1 (1.89%) TCP/IP
Database & Business Intelligence
1 9 (16.98%) MongoDB
1 9 (16.98%) SQL Server
2 5 (9.43%) Oracle Database
3 3 (5.66%) Hadoop
4 2 (3.77%) MySQL
4 2 (3.77%) PostgreSQL
5 1 (1.89%) Amazon Athena
5 1 (1.89%) Amazon Aurora
5 1 (1.89%) Amazon RDS
5 1 (1.89%) Amazon Redshift
5 1 (1.89%) KDB
5 1 (1.89%) MS Access
5 1 (1.89%) NoSQL
5 1 (1.89%) Presto
5 1 (1.89%) Relational Database
5 1 (1.89%) SQL Server Integration Services
Development Applications
1 10 (18.87%) Cucumber
1 10 (18.87%) JIRA
2 7 (13.21%) Selenium
3 6 (11.32%) Git (software)
3 6 (11.32%) Maven
3 6 (11.32%) NUnit
3 6 (11.32%) TeamCity
4 5 (9.43%) SpecFlow
4 5 (9.43%) Subversion
5 3 (5.66%) Jenkins
5 3 (5.66%) Moq
5 3 (5.66%) MSTest
5 3 (5.66%) Rhino Mocks
5 3 (5.66%) Visual Studio
5 3 (5.66%) webpack
6 2 (3.77%) ClearCase
6 2 (3.77%) Eclipse
6 2 (3.77%) IntelliJ
6 2 (3.77%) LoadRunner
6 2 (3.77%) WinRunner
General
1 34 (64.15%) Finance
2 31 (58.49%) Front Office
3 15 (28.30%) Banking
4 8 (15.09%) Investment Banking
5 6 (11.32%) Back Office
6 5 (9.43%) Financial Institution
7 2 (3.77%) Retail
8 1 (1.89%) Marketing
8 1 (1.89%) Public Sector
Job Titles
1 24 (45.28%) Developer
2 13 (24.53%) Analyst
3 10 (18.87%) Business Analyst
4 7 (13.21%) Java Developer
5 5 (9.43%) C# Developer
6 4 (7.55%) Senior Developer
6 4 (7.55%) Senior Software Engineer
6 4 (7.55%) Software Engineer
7 3 (5.66%) .NET Developer
7 3 (5.66%) C# .NET Developer
7 3 (5.66%) C++ Developer
7 3 (5.66%) Commodities Business Analyst
7 3 (5.66%) Fixed Income Business Analyst
7 3 (5.66%) Front Office Developer
7 3 (5.66%) JavaScript Developer
7 3 (5.66%) QA Tester
7 3 (5.66%) React Developer
7 3 (5.66%) Report Developer
7 3 (5.66%) Test Automation Developer
7 3 (5.66%) Tester
Libraries, Frameworks & Software Standards
1 8 (15.09%) React
2 7 (13.21%) .NET
3 6 (11.32%) AngularJS
3 6 (11.32%) Gherkin
3 6 (11.32%) HTML
4 5 (9.43%) HTML5
4 5 (9.43%) JMS
5 4 (7.55%) WPF
6 3 (5.66%) ASP.NET
6 3 (5.66%) Autofac
6 3 (5.66%) CSS
6 3 (5.66%) FIX Protocol
6 3 (5.66%) Hibernate
6 3 (5.66%) NumPy
6 3 (5.66%) REST
6 3 (5.66%) RESTful
6 3 (5.66%) SignalR
6 3 (5.66%) Spring
6 3 (5.66%) WCF
6 3 (5.66%) XML
Miscellaneous
1 15 (28.30%) Equities
2 11 (20.75%) Fixed Income
3 9 (16.98%) Foreign Exchange (FX)
4 8 (15.09%) Equity Derivative
5 5 (9.43%) Interest Rate Derivative
5 5 (9.43%) OTC Derivatives
6 4 (7.55%) Market Risk
7 3 (5.66%) User Experience
8 2 (3.77%) Credit Risk
8 2 (3.77%) Self-Motivation
9 1 (1.89%) Algorithms
9 1 (1.89%) Analytical Skills
9 1 (1.89%) Credit Derivative
9 1 (1.89%) Greenfield Project
9 1 (1.89%) Hedge funds
9 1 (1.89%) Management Information System
9 1 (1.89%) Wiki
Operating Systems
1 11 (20.75%) Linux
2 5 (9.43%) Unix
2 5 (9.43%) Windows
3 2 (3.77%) Android
3 2 (3.77%) Apple iOS
3 2 (3.77%) CentOS
3 2 (3.77%) Debian
3 2 (3.77%) Mac OS X
3 2 (3.77%) Red Hat Enterprise Linux
3 2 (3.77%) Ubuntu
4 1 (1.89%) Solaris
Processes & Methodologies
1 29 (54.72%) Agile Software Development
2 15 (28.30%) Test Automation
3 9 (16.98%) Problem-Solving
4 8 (15.09%) Analytics
5 7 (13.21%) Business Analysis
5 7 (13.21%) Data Modelling
6 6 (11.32%) DevOps
6 6 (11.32%) Risk Management
6 6 (11.32%) Software Engineering
6 6 (11.32%) TDD
7 5 (9.43%) Asset Management
7 5 (9.43%) Electronic Trading
7 5 (9.43%) Kanban
7 5 (9.43%) Multithreading
7 5 (9.43%) Refactoring
8 4 (7.55%) Continuous Integration
8 4 (7.55%) Regression Testing
8 4 (7.55%) Technical Analysis
8 4 (7.55%) UML
8 4 (7.55%) Unit Testing
Programming Languages
1 17 (32.08%) Java
2 13 (24.53%) SQL
3 12 (22.64%) C#
3 12 (22.64%) Python
4 8 (15.09%) C++
4 8 (15.09%) Scala
5 7 (13.21%) JavaScript
6 5 (9.43%) Java 8
7 4 (7.55%) VBA
8 3 (5.66%) ES6
8 3 (5.66%) Perl
9 2 (3.77%) Bash Shell
9 2 (3.77%) C
9 2 (3.77%) Clojure
9 2 (3.77%) ClojureScript
9 2 (3.77%) Groovy
9 2 (3.77%) PL/SQL
9 2 (3.77%) Ruby
9 2 (3.77%) T-SQL
10 1 (1.89%) Shell Script
Qualifications
1 2 (3.77%) Degree
1 2 (3.77%) Security Cleared
2 1 (1.89%) DV Cleared
2 1 (1.89%) ISTQB
2 1 (1.89%) Numerate Degree
2 1 (1.89%) PhD
2 1 (1.89%) SC Cleared
Quality Assurance & Compliance
1 9 (16.98%) QA
2 2 (3.77%) Data Quality
3 1 (1.89%) MiFID
Systems Management
1 2 (3.77%) Puppet
1 2 (3.77%) Salt
Vendors
1 9 (16.98%) Oracle
2 6 (11.32%) Bloomberg
3 5 (9.43%) Microsoft
3 5 (9.43%) Sybase
4 2 (3.77%) Cloudera
4 2 (3.77%) Hortonworks
4 2 (3.77%) Red Hat
5 1 (1.89%) FactSet
5 1 (1.89%) ION Trading
5 1 (1.89%) MarketAxess
5 1 (1.89%) Misys
5 1 (1.89%) Sun
5 1 (1.89%) Tableau
5 1 (1.89%) Tradeweb