Period
to 15 August 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 15 August 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
15 Aug 2018
Same period 2017 Same period 2016
Rank 121 74 90
Rank change year-on-year -47 +16 -6
Contract jobs citing Derivative 154 211 167
As % of all contract IT jobs advertised in the City of London 2.21% 3.22% 2.46%
As % of the Miscellaneous category 5.05% 7.65% 6.11%
Number of daily rates quoted 127 181 154
City of London median daily rate £650 £600 £535
Median daily rate % change year-on-year +8.33% +12.15% -8.35%
10th Percentile £475 £463 £420
90th Percentile £780 £713 £663
Central London median daily rate £644 £600 £533
% change year-on-year +7.29% +12.68% -8.19%
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 3,048 2,759 2,732
As % of all contract IT jobs advertised in the City of London 43.65% 42.06% 40.22%
Number of daily rates quoted 2,336 2,089 2,213
City of London median daily rate £525 £525 £475
Median daily rate % change year-on-year - +10.53% +2.15%
10th Percentile £319 £313 £300
90th Percentile £725 £688 £663
Central London median daily rate £525 £525 £465
% change year-on-year - +12.90% +3.33%
Number of hourly rates quoted 57 30 29
City of London median hourly rate £19.50 £21.16 £19.00
Median hourly rate % change year-on-year -7.82% +11.34% -8.80%
10th Percentile £13.31 £12.52 £11.25
90th Percentile £42.70 £33.36 £48.60
Central London median hourly rate £19.38 £18.85 £18.73
% change year-on-year +2.79% +0.67% -10.12%

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 15 August 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 15 August 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 74 (48.05%) Front Office
2 69 (44.81%) Java
3 65 (42.21%) Finance
4 56 (36.36%) Agile Software Development
5 54 (35.06%) Banking
6 47 (30.52%) Equity Derivative
7 40 (25.97%) C#
8 37 (24.03%) Fixed Income
9 34 (22.08%) SQL
9 34 (22.08%) Investment Banking
9 34 (22.08%) Low Latency
10 31 (20.13%) Equities
11 30 (19.48%) Python
12 29 (18.83%) Foreign Exchange (FX)
12 29 (18.83%) TDD
13 27 (17.53%) SQL Server
14 26 (16.88%) Multithreading
15 22 (14.29%) Java 8
16 20 (12.99%) .NET
16 20 (12.99%) C++
16 20 (12.99%) SDLC
17 19 (12.34%) Problem-Solving
17 19 (12.34%) Electronic Trading
18 18 (11.69%) VBA
19 17 (11.04%) Migration
20 16 (10.39%) Risk Management
20 16 (10.39%) HTML
20 16 (10.39%) JavaScript
20 16 (10.39%) Microsoft Excel
20 16 (10.39%) Asset Management

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 (1.95%) Elasticsearch
1 3 (1.95%) Tomcat
2 2 (1.30%) Apache Solr
2 2 (1.30%) Apache Spark
2 2 (1.30%) IBM HTTP Server
3 1 (0.65%) Oracle Coherence
3 1 (0.65%) WebSphere
3 1 (0.65%) WebSphere Application Server
Applications
1 16 (10.39%) Microsoft Excel
2 5 (3.25%) Spreadsheet
Business Applications
1 3 (1.95%) Markit EDM
2 2 (1.30%) Orchestrade
2 2 (1.30%) RMDS
3 1 (0.65%) ION MarketView
3 1 (0.65%) Sentinel
3 1 (0.65%) Summit
Cloud Services
1 6 (3.90%) Amazon AWS
2 3 (1.95%) Cloud Computing
3 2 (1.30%) Microsoft Azure
3 2 (1.30%) npm
4 1 (0.65%) CloudFront
4 1 (0.65%) Fastly
Communications & Networking
1 2 (1.30%) BIG-IP
2 1 (0.65%) SSL
Database & Business Intelligence
1 27 (17.53%) SQL Server
2 14 (9.09%) Relational Database
3 10 (6.49%) RDBMS
4 8 (5.19%) MongoDB
5 6 (3.90%) NoSQL
6 4 (2.60%) KDB
7 3 (1.95%) MS Access
7 3 (1.95%) MySQL
8 2 (1.30%) Apache Cassandra
8 2 (1.30%) Data Warehouse
8 2 (1.30%) DB2
8 2 (1.30%) HBase
8 2 (1.30%) Oracle Database
8 2 (1.30%) Oracle Database 10g
8 2 (1.30%) Oracle Database 11g
8 2 (1.30%) Riak
8 2 (1.30%) SQL Server 2008
8 2 (1.30%) SQL Server Integration Services
8 2 (1.30%) SQL Server Reporting Services
9 1 (0.65%) Kdb+
Development Applications
1 8 (5.19%) Jenkins
1 8 (5.19%) Maven
2 7 (4.55%) JIRA
3 6 (3.90%) Cucumber
3 6 (3.90%) Git (software)
4 4 (2.60%) SpecFlow
4 4 (2.60%) Subversion
4 4 (2.60%) TestComplete
4 4 (2.60%) Visual Studio
5 3 (1.95%) Moq
5 3 (1.95%) NUnit
5 3 (1.95%) Rhino Mocks
5 3 (1.95%) Team Foundation Server
6 2 (1.30%) gulp
6 2 (1.30%) JUnit
6 2 (1.30%) Mockito
6 2 (1.30%) Octopus Deploy
6 2 (1.30%) Selenium
6 2 (1.30%) SoapUI
7 1 (0.65%) webpack
General
1 74 (48.05%) Front Office
2 65 (42.21%) Finance
3 54 (35.06%) Banking
4 34 (22.08%) Investment Banking
5 5 (3.25%) Back Office
6 3 (1.95%) Telecoms
7 2 (1.30%) Prime Brokerage
8 1 (0.65%) Financial Institution
8 1 (0.65%) Legal
8 1 (0.65%) Spanish Language
Job Titles
1 108 (70.13%) Developer
2 50 (32.47%) Java Developer
3 34 (22.08%) Front Office Developer
4 29 (18.83%) Analyst
5 23 (14.94%) C# Developer
6 21 (13.64%) Senior Developer
7 14 (9.09%) Python Developer
8 11 (7.14%) Business Analyst
8 11 (7.14%) Quantitative Developer
9 10 (6.49%) Analyst Developer
10 9 (5.84%) Senior Java Developer
10 9 (5.84%) VBA Developer
11 8 (5.19%) Agile Developer
11 8 (5.19%) Agile Java Developer
11 8 (5.19%) Qualitative Analyst
11 8 (5.19%) Quantitative Analyst
12 7 (4.55%) .NET Developer
12 7 (4.55%) C# .NET Developer
13 6 (3.90%) Senior Python Developer
13 6 (3.90%) SQL Developer
Libraries, Frameworks & Software Standards
1 20 (12.99%) .NET
2 16 (10.39%) HTML
3 15 (9.74%) FIX Protocol
4 14 (9.09%) AngularJS
5 13 (8.44%) HTML5
6 10 (6.49%) WPF
7 9 (5.84%) React
8 7 (4.55%) WCF
9 6 (3.90%) REST
10 5 (3.25%) Spring
10 5 (3.25%) WinForms
10 5 (3.25%) XML
11 4 (2.60%) Gherkin
11 4 (2.60%) JSON
11 4 (2.60%) Middleware
11 4 (2.60%) RabbitMQ
12 3 (1.95%) .NET Framework
12 3 (1.95%) ActiveMQ
12 3 (1.95%) Kafka
12 3 (1.95%) RESTful
Miscellaneous
1 47 (30.52%) Equity Derivative
2 37 (24.03%) Fixed Income
3 31 (20.13%) Equities
4 29 (18.83%) Foreign Exchange (FX)
5 14 (9.09%) Analytical Skills
6 10 (6.49%) Greenfield Project
6 10 (6.49%) OTC Derivatives
7 9 (5.84%) Interest Rate Derivative
8 6 (3.90%) Algorithms
8 6 (3.90%) Credit Derivative
9 5 (3.25%) Reference Data
10 4 (2.60%) Fintech
10 4 (2.60%) Self-Motivation
11 3 (1.95%) Computer Science
11 3 (1.95%) Market Risk
12 2 (1.30%) Analytical Mindset
12 2 (1.30%) Credit Risk
12 2 (1.30%) Enterprise Software
12 2 (1.30%) Fat Client
12 2 (1.30%) Thin Client
Operating Systems
1 9 (5.84%) Windows
2 7 (4.55%) Linux
3 4 (2.60%) Unix
4 2 (1.30%) Windows Server
Processes & Methodologies
1 56 (36.36%) Agile Software Development
2 34 (22.08%) Low Latency
3 29 (18.83%) TDD
4 26 (16.88%) Multithreading
5 20 (12.99%) SDLC
6 19 (12.34%) Electronic Trading
6 19 (12.34%) Problem-Solving
7 17 (11.04%) Migration
8 16 (10.39%) Asset Management
8 16 (10.39%) Risk Management
9 15 (9.74%) Unit Testing
10 14 (9.09%) BDD
11 13 (8.44%) OO
11 13 (8.44%) Test Automation
12 12 (7.79%) Algorithmic Trading
13 11 (7.14%) Market Making
13 11 (7.14%) Quantitative Finance
14 10 (6.49%) Microservices
15 9 (5.84%) Mathematics
16 7 (4.55%) Continuous Integration
Programming Languages
1 69 (44.81%) Java
2 40 (25.97%) C#
3 34 (22.08%) SQL
4 30 (19.48%) Python
5 22 (14.29%) Java 8
6 20 (12.99%) C++
7 18 (11.69%) VBA
8 16 (10.39%) JavaScript
9 15 (9.74%) Scala
10 10 (6.49%) Kotlin
11 7 (4.55%) R
12 6 (3.90%) C
12 6 (3.90%) T-SQL
13 3 (1.95%) PowerShell
14 2 (1.30%) Ada
14 2 (1.30%) Clojure
14 2 (1.30%) PL/SQL
14 2 (1.30%) TypeScript
14 2 (1.30%) VB.NET
14 2 (1.30%) VBScript
Qualifications
1 5 (3.25%) Degree
1 5 (3.25%) PhD
2 3 (1.95%) PRINCE2 Certification
3 1 (0.65%) Computer Science Degree
3 1 (0.65%) ISTQB
3 1 (0.65%) Numerate Degree
Quality Assurance & Compliance
1 9 (5.84%) QA
2 4 (2.60%) MiFID
3 3 (1.95%) EMIR
4 2 (1.30%) Dodd-Frank
4 2 (1.30%) PMO
System Software
1 7 (4.55%) Docker
Systems Management
1 8 (5.19%) Control-M
2 3 (1.95%) Kubernetes
3 2 (1.30%) Ansible
3 2 (1.30%) HP ALM
3 2 (1.30%) HP Quality Center
3 2 (1.30%) ITRS Geneos
4 1 (0.65%) Kibana
4 1 (0.65%) logstash
Vendors
1 9 (5.84%) Microsoft
2 8 (5.19%) Oracle
3 6 (3.90%) Sybase
4 5 (3.25%) Bloomberg
4 5 (3.25%) Tableau
4 5 (3.25%) TIBCO
5 3 (1.95%) Charles River
5 3 (1.95%) F5
5 3 (1.95%) FactSet
5 3 (1.95%) Informatica
5 3 (1.95%) Solace
6 2 (1.30%) Calypso
6 2 (1.30%) HP
6 2 (1.30%) RedGate
7 1 (0.65%) Currenex
7 1 (0.65%) eSpeed
7 1 (0.65%) IBM
7 1 (0.65%) Murex
7 1 (0.65%) Remedy
7 1 (0.65%) Reuters