Derivative Contracts in England

The table below looks at the prevalence of the term Derivative in contract job vacancies advertised in England. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Derivative over the 3 months to 26 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 UK / England
Location	3 months to 26 Jun 2017	Same period 2016	Same period 2015
Rank	217	304	241
Rank change year-on-year	+87	-63
Contract jobs citing Derivative	507	377	505
As % of all contract IT jobs advertised in England	1.17%	0.77%	0.99%
As % of the Miscellaneous category	3.50%	2.32%	3.08%
Number of daily rates quoted	360	306	384
Median daily rate	£588	£550	£575
Median daily rate % change year-on-year	+6.81%	-4.34%
90% offered a daily rate of more than	£450	£425	£450
10% offered a daily rate of more than	£700	£675	£675
UK excluding London median daily rate	£500	£320	£425
% change year-on-year	+56.25%	-24.70%
Number of hourly rates quoted	1	2	0
Median hourly rate	£52.50	£65.00	-
Median hourly rate % change year-on-year	-19.23%	-
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 England with a requirement for generic IT skills.

Generic IT Skills England
Contract job vacancies with a requirement for generic IT skills	14478	16219	16382
As % of all contract IT job vacancies advertised in England	33.54%	33.28%	32.18%
Number of daily rates quoted	9485	10793	10517
Median daily rate	£463	£440	£425
Median daily rate % change year-on-year	+5.11%	+3.52%
90% offered a daily rate of more than	£280	£273	£255
10% offered a daily rate of more than	£650	£615	£620
UK excluding London median daily rate	£400	£390	£375
% change year-on-year	+2.56%	+4.00%
Number of hourly rates quoted	446	523	579
Median hourly rate	£21.70	£21.50	£19.00
Median hourly rate % change year-on-year	+0.93%	+13.15%
90% offered a hourly rate of more than	£12.00	£12.49	£12.10
10% offered a hourly rate of more than	£50.00	£47.13	£45.00
UK excluding London median hourly rate	£25.00	£23.00	£18.88
% change year-on-year	+8.69%	+21.82%

Derivative
Job Vacancy Trend in England

The job posting trend of jobs advertised in England 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 England

Derivative
Contractor Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Derivative in England.

Contractor daily rate trend for Derivative in England

Derivative
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing Derivative in England over the 3 months to 26 June 2017.

Contractor daily rate histogram for Derivative in England

Derivative
Contractor Hourly Rate Trend in England

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Derivative in England.

Contractor hourly rate trend for Derivative in England

Derivative
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Derivative within the England region over the 3 months to 26 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location	Rank Change on Same Period Last Year	Matching Contract IT Job Ads	Median Daily Rate Last 3 Months	Median Daily Rate % Change on Same Period Last Year	Live Job Vacancies
London	+47	490	£588	+2.84%	100
South East	+19	12	£500	+72.41%	3
North West	-	2	£500	-
East of England	-	1	£575	-	1
Derivative UK

Derivative
Top 30 Co-occurring IT Skills in England

For the 6 months to 26 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 England region with a requirement for Derivative.

1	415 (46.79%)	Finance
2	393 (44.31%)	Banking
3	392 (44.19%)	Front Office
4	307 (34.61%)	Fixed Income
5	284 (32.02%)	Foreign Exchange (FX)
6	267 (30.10%)	Java
6	267 (30.10%)	Agile Software Development
7	241 (27.17%)	Investment Banking
8	228 (25.70%)	SQL
9	214 (24.13%)	C#
10	205 (23.11%)	Equities
11	176 (19.84%)	Equity Derivative
12	141 (15.90%)	MiFID
13	125 (14.09%)	Unix
14	120 (13.53%)	C++

15	117 (13.19%)	Python
16	110 (12.40%)	OTC Derivatives
17	108 (12.18%)	SQL Server
18	107 (12.06%)	Oracle
19	104 (11.72%)	Multithreading
19	104 (11.72%)	Analytical Skills
20	103 (11.61%)	.NET
21	102 (11.50%)	Business Analysis
22	98 (11.05%)	TDD
23	91 (10.26%)	Risk Management
24	85 (9.58%)	JavaScript
25	84 (9.47%)	OO
26	83 (9.36%)	Degree
27	79 (8.91%)	Electronic Trading
28	76 (8.57%)	HTML

Derivative
Co-occurring IT Skills in England 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
Applications
Business Applications
Cloud Services
Communications & Networking
Database & Business Intelligence
Development Applications
General
Job Titles
Libraries, Frameworks & Software Standards
Miscellaneous
Operating Systems
Processes & Methodologies
Programming Languages
Qualifications
Quality Assurance & Compliance
System Software
Systems Management
Vendors

Application Platforms
1	17 (1.92%)	CMS
2	9 (1.01%)	Apache Spark
3	8 (0.90%)	WebSphere
4	7 (0.79%)	Confluence
4	7 (0.79%)	DataSynapse
4	7 (0.79%)	Oracle Coherence
4	7 (0.79%)	Oracle Workflow
5	6 (0.68%)	WebLogic
6	5 (0.56%)	Elasticsearch
6	5 (0.56%)	MQSeries
7	4 (0.45%)	Apache
7	4 (0.45%)	SharePoint
7	4 (0.45%)	Tomcat
8	3 (0.34%)	IIS
8	3 (0.34%)	Oracle SOA Suite
9	2 (0.23%)	GemFire
9	2 (0.23%)	JBoss
9	2 (0.23%)	WebLogic Integration
9	2 (0.23%)	WebLogic Portal
9	2 (0.23%)	WebSphere Application Server

Applications
1	74 (8.34%)	Microsoft Excel
2	21 (2.37%)	Spreadsheet
3	13 (1.47%)	Microsoft Office
3	13 (1.47%)	Microsoft PowerPoint
4	9 (1.01%)	MS Visio
5	7 (0.79%)	Microsoft Project
6	4 (0.45%)	Adobe Illustrator
6	4 (0.45%)	Photoshop
7	3 (0.34%)	AutoCAD

Business Applications
1	13 (1.47%)	Summit
2	12 (1.35%)	Global One
3	11 (1.24%)	thinkFolio
4	5 (0.56%)	Endur
4	5 (0.56%)	IntelliMatch
4	5 (0.56%)	Markit EDM
4	5 (0.56%)	Sophis RISQUE
5	4 (0.45%)	LatentZero
5	4 (0.45%)	Loan IQ
5	4 (0.45%)	Murex MxG2000
5	4 (0.45%)	Orchestrade
6	3 (0.34%)	Eagle PACE
6	3 (0.34%)	Minerva
6	3 (0.34%)	RMDS
6	3 (0.34%)	SimCorp Dimension
6	3 (0.34%)	SunGard Martini
7	2 (0.23%)	Bloomberg AIM
7	2 (0.23%)	Bloomberg TOMS
7	2 (0.23%)	Oracle BPM
8	1 (0.11%)	Actimize

Cloud Services
1	4 (0.45%)	GitHub
2	3 (0.34%)	Microsoft Azure
3	2 (0.23%)	PaaS
4	1 (0.11%)	Amazon AWS
4	1 (0.11%)	OpenShift

Communications & Networking
1	9 (1.01%)	TCP/IP
2	6 (0.68%)	DHCP
2	6 (0.68%)	DNS
2	6 (0.68%)	iSCSI
2	6 (0.68%)	LDAP
2	6 (0.68%)	NAS
2	6 (0.68%)	SAN
2	6 (0.68%)	SMTP
3	5 (0.56%)	Fibre Channel
4	4 (0.45%)	DSL
5	3 (0.34%)	Ethernet
5	3 (0.34%)	FIX Connectivity
5	3 (0.34%)	LAN
5	3 (0.34%)	Structured Cabling
5	3 (0.34%)	WAN
6	2 (0.23%)	FTP
7	1 (0.11%)	HTTPS
7	1 (0.11%)	PuTTY

Database & Business Intelligence
1	108 (12.18%)	SQL Server
2	47 (5.30%)	Relational Database
3	28 (3.16%)	Big Data
4	23 (2.59%)	Data Warehouse
5	22 (2.48%)	DB2
6	19 (2.14%)	Data Mart
6	19 (2.14%)	RDBMS
7	18 (2.03%)	Hadoop
8	17 (1.92%)	KDB
9	16 (1.80%)	Oracle Database
10	13 (1.47%)	Hazelcast
11	12 (1.35%)	BusinessObjects
12	10 (1.13%)	Apache Cassandra
12	10 (1.13%)	SQL Server 2008
13	9 (1.01%)	MySQL
13	9 (1.01%)	NoSQL
14	8 (0.90%)	PostgreSQL
14	8 (0.90%)	SQL Server Analysis Services
15	7 (0.79%)	Kdb+
16	6 (0.68%)	BusinessObjects XI

Development Applications
1	38 (4.28%)	JIRA
2	26 (2.93%)	Jenkins
3	20 (2.25%)	Git (software)
4	13 (1.47%)	Team Foundation Server
5	12 (1.35%)	Maven
5	12 (1.35%)	TeamCity
6	11 (1.24%)	Subversion
6	11 (1.24%)	webpack
7	9 (1.01%)	JUnit
8	8 (0.90%)	Selenium
9	7 (0.79%)	Gradle
9	7 (0.79%)	NUnit
10	6 (0.68%)	Robot Framework
10	6 (0.68%)	Toad
11	5 (0.56%)	Hudson
11	5 (0.56%)	Moq
12	4 (0.45%)	Axure RP
12	4 (0.45%)	Cucumber
12	4 (0.45%)	HP UFT
12	4 (0.45%)	Rhino Mocks

General
1	415 (46.79%)	Finance
2	393 (44.31%)	Banking
3	392 (44.19%)	Front Office
4	241 (27.17%)	Investment Banking
5	59 (6.65%)	Back Office
6	34 (3.83%)	Financial Institution
7	24 (2.71%)	Legal
8	9 (1.01%)	General Ledger
8	9 (1.01%)	German Language
9	8 (0.90%)	Prime Brokerage
10	6 (0.68%)	Retail
11	5 (0.56%)	Corporate Banking
11	5 (0.56%)	French Language
12	3 (0.34%)	Retail Banking
12	3 (0.34%)	Telecoms
13	2 (0.23%)	Advertising
13	2 (0.23%)	Marketing
13	2 (0.23%)	Wholesale Banking
14	1 (0.11%)	Japanese Language
14	1 (0.11%)	Private Banking

Job Titles
1	477 (53.78%)	Developer
2	275 (31.00%)	Analyst
3	201 (22.66%)	Business Analyst
4	158 (17.81%)	Java Developer
5	125 (14.09%)	C# Developer
6	87 (9.81%)	Front Office Developer
6	87 (9.81%)	Senior Developer
7	58 (6.54%)	C++ Developer
8	54 (6.09%)	Derivatives Business Analyst
9	51 (5.75%)	Project Manager
10	49 (5.52%)	Senior Java Developer
11	47 (5.30%)	Python Developer
12	41 (4.62%)	.NET Developer
13	40 (4.51%)	SQL Developer
14	38 (4.28%)	JavaScript Developer
15	35 (3.95%)	Support Analyst
16	34 (3.83%)	Investment Banking Business Analyst
16	34 (3.83%)	MiFID Business Analyst
17	33 (3.72%)	C# .NET Developer
18	32 (3.61%)	Quantitative Developer

Libraries, Frameworks & Software Standards
1	103 (11.61%)	.NET
2	76 (8.57%)	HTML
3	66 (7.44%)	HTML5
4	64 (7.22%)	XML
5	58 (6.54%)	Spring
6	52 (5.86%)	AngularJS
7	44 (4.96%)	WPF
8	42 (4.74%)	Middleware
9	37 (4.17%)	FIX Protocol
10	33 (3.72%)	JMS
11	32 (3.61%)	CSS
12	29 (3.27%)	SOAP
13	28 (3.16%)	WCF
14	26 (2.93%)	Node.js
15	25 (2.82%)	React
16	24 (2.71%)	Web Services
17	23 (2.59%)	STL
18	22 (2.48%)	RESTful
19	20 (2.25%)	Boost C++ Libraries
19	20 (2.25%)	Murex MxML

Miscellaneous
1	307 (34.61%)	Fixed Income
2	284 (32.02%)	Foreign Exchange (FX)
3	205 (23.11%)	Equities
4	176 (19.84%)	Equity Derivative
5	110 (12.40%)	OTC Derivatives
6	104 (11.72%)	Analytical Skills
7	66 (7.44%)	Interest Rate Derivative
8	62 (6.99%)	Computer Science
9	48 (5.41%)	Credit Derivative
10	44 (4.96%)	Algorithms
10	44 (4.96%)	Data Structures
10	44 (4.96%)	Greenfield Project
11	39 (4.40%)	Market Risk
12	31 (3.49%)	Credit Risk
13	29 (3.27%)	Grid Computing
14	27 (3.04%)	Hedge funds
15	26 (2.93%)	Fintech
16	23 (2.59%)	Reference Data
16	23 (2.59%)	Swaptions
17	19 (2.14%)	User Experience

Operating Systems
1	125 (14.09%)	Unix
2	70 (7.89%)	Linux
3	65 (7.33%)	Windows
4	8 (0.90%)	Windows 7
5	7 (0.79%)	Red Hat Enterprise Linux
5	7 (0.79%)	Solaris
6	6 (0.68%)	CentOS
7	5 (0.56%)	Data ONTAP
8	4 (0.45%)	Windows Server
9	1 (0.11%)	Android
9	1 (0.11%)	Apple iOS
9	1 (0.11%)	Windows Server 2003
9	1 (0.11%)	Windows Server 2012

Processes & Methodologies
1	267 (30.10%)	Agile Software Development
2	104 (11.72%)	Multithreading
3	102 (11.50%)	Business Analysis
4	98 (11.05%)	TDD
5	91 (10.26%)	Risk Management
6	84 (9.47%)	OO
7	79 (8.91%)	Electronic Trading
8	72 (8.12%)	Continuous Integration
9	71 (8.00%)	Scrum
10	70 (7.89%)	Mathematics
11	68 (7.67%)	Analytics
12	61 (6.88%)	Project Management
12	61 (6.88%)	SDLC
13	55 (6.20%)	Asset Management
14	53 (5.98%)	Change Management
15	51 (5.75%)	Migration
15	51 (5.75%)	Workflow
16	49 (5.52%)	Stakeholder Management
17	47 (5.30%)	Investment Management
18	43 (4.85%)	Test Automation

Programming Languages
1	267 (30.10%)	Java
2	228 (25.70%)	SQL
3	214 (24.13%)	C#
4	120 (13.53%)	C++
5	117 (13.19%)	Python
6	85 (9.58%)	JavaScript
7	65 (7.33%)	Perl
8	61 (6.88%)	Scala
9	57 (6.43%)	VBA
10	44 (4.96%)	Shell Script
11	21 (2.37%)	PL/SQL
12	17 (1.92%)	T-SQL
13	16 (1.80%)	C
14	11 (1.24%)	ES6
15	10 (1.13%)	VB.NET
16	9 (1.01%)	TypeScript
17	8 (0.90%)	Bash Shell
18	7 (0.79%)	PowerShell
19	6 (0.68%)	Korn
20	4 (0.45%)	Haskell

Qualifications
1	83 (9.36%)	Degree
2	38 (4.28%)	Computer Science Degree
3	17 (1.92%)	Numerate Degree
4	15 (1.69%)	PMI Certification
5	10 (1.13%)	CFA
5	10 (1.13%)	PMP
6	7 (0.79%)	ISEB
7	5 (0.56%)	PhD
8	4 (0.45%)	ISTQB
8	4 (0.45%)	Master's Degree
9	3 (0.34%)	MBA
9	3 (0.34%)	PRINCE2 Certification
9	3 (0.34%)	SC Cleared
9	3 (0.34%)	Security Cleared
10	2 (0.23%)	DV Cleared
10	2 (0.23%)	ITIL Certification
11	1 (0.11%)	A+ Certification
11	1 (0.11%)	Brainbench
11	1 (0.11%)	CAPM
11	1 (0.11%)	IIBA

Quality Assurance & Compliance
1	141 (15.90%)	MiFID
2	59 (6.65%)	EMIR
3	41 (4.62%)	Dodd-Frank
4	30 (3.38%)	QA
5	11 (1.24%)	Data Quality
6	5 (0.56%)	PMO
7	3 (0.34%)	JSP 440
7	3 (0.34%)	Solvency II
8	2 (0.23%)	FATCA
8	2 (0.23%)	FINREP
9	1 (0.11%)	IFRS
9	1 (0.11%)	ISO 20022
9	1 (0.11%)	Sarbanes-Oxley
9	1 (0.11%)	SLA

System Software
1	8 (0.90%)	HDFS
2	7 (0.79%)	Platform Symphony
2	7 (0.79%)	VMware Infrastructure
3	6 (0.68%)	Active Directory
3	6 (0.68%)	Hyper-V
4	5 (0.56%)	NFS
5	4 (0.45%)	Docker
6	3 (0.34%)	Virtual Machines
7	1 (0.11%)	Oracle RAC

Systems Management
1	12 (1.35%)	Control-M
2	8 (0.90%)	Puppet
3	6 (0.68%)	Ansible
3	6 (0.68%)	Nagios
3	6 (0.68%)	NetBackup
3	6 (0.68%)	Opscode Chef
3	6 (0.68%)	Salt
3	6 (0.68%)	vCenter Server
4	3 (0.34%)	HP Quality Center
4	3 (0.34%)	Kubernetes
4	3 (0.34%)	TeamSite
5	2 (0.23%)	ITRS Geneos
6	1 (0.11%)	BladeLogic
6	1 (0.11%)	Red Hat Satellite

Vendors
1	107 (12.06%)	Oracle
2	73 (8.23%)	Murex
3	69 (7.78%)	Sybase
4	59 (6.65%)	Microsoft
5	30 (3.38%)	Bloomberg
6	18 (2.03%)	Fidessa
7	17 (1.92%)	Reuters
8	16 (1.80%)	TIBCO
9	14 (1.58%)	Charles River
10	13 (1.47%)	IBM
11	12 (1.35%)	Sophis
12	11 (1.24%)	Calypso
13	8 (0.90%)	Informatica
13	8 (0.90%)	SimCorp
14	7 (0.79%)	VMware
15	6 (0.68%)	NetApp
16	5 (0.56%)	Cisco
16	5 (0.56%)	ION Trading
16	5 (0.56%)	OpenLink
16	5 (0.56%)	Telerik