Period
to 27 February 2021

The table below looks at the prevalence of the term Derivative in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Derivative over the 6 months to 27 February 2021 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
England > London
6 months to
27 Feb 2021
Same period 2020 Same period 2019
Rank 101 145 198
Rank change year-on-year +44 +53 -40
Contract jobs citing Derivative 503 511 635
As % of all contract jobs advertised in London 2.57% 1.82% 1.44%
As % of the Miscellaneous category 6.76% 5.29% 4.10%
Number of daily rates quoted 462 368 481
Median daily rate £600 £650 £650
Median daily rate % change year-on-year -7.69% - +6.12%
10th Percentile £438 £488 £513
90th Percentile £800 £800 £775
England median daily rate £600 £650 £640
% change year-on-year -7.69% +1.56% +6.67%
Number of hourly rates quoted 0 0 3
Median hourly rate - - £25.30
England median hourly rate - - £25.30

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 London with a requirement for generic IT skills.

All Generic IT Skills
London
Contract vacancies with a requirement for generic IT skills 7,444 9,656 15,483
As % of all contract IT jobs advertised in London 37.96% 34.31% 35.19%
Number of daily rates quoted 5,188 6,885 11,115
Median daily rate £525 £515 £525
Median daily rate % change year-on-year +1.94% -1.90% +5.00%
10th Percentile £315 £293 £313
90th Percentile £725 £706 £700
England median daily rate £475 £475 £475
Number of hourly rates quoted 117 146 254
Median hourly rate £31.35 £24.24 £22.13
Median hourly rate % change year-on-year +29.36% +9.51% -1.64%
10th Percentile £16.99 £12.44 £13.00
90th Percentile £57.50 £52.38 £47.00
Median hourly rate £25.75 £21.54 £20.25
% change year-on-year +19.53% +6.41% -3.60%

Derivative
Job Vacancy Trend in London

Job postings citing Derivative as a proportion of all IT jobs advertised in London.

Job vacancy trend for Derivative in London

Derivative
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Derivative in London.

Daily rate trend for Derivative in London

Derivative
Daily Rate Histogram in London

Daily rate distribution for jobs citing Derivative in London over the 6 months to 27 February 2021.

Daily rate histogram for Derivative in London

Derivative
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Derivative in London.

Hourly rate trend for Derivative in London

Derivative
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Derivative within the London region over the 6 months to 27 February 2021. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Central London +99 67 £600 +4.35% 30
Derivative
England

For the 6 months to 27 February 2021, 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 London region with a requirement for Derivative.

1 385 (76.54%) Front Office
2 362 (71.97%) Finance
3 279 (55.47%) Python
4 267 (53.08%) Java
4 267 (53.08%) Equities
5 252 (50.10%) Fixed Income
6 233 (46.32%) JavaScript
7 225 (44.73%) Asset Management
8 207 (41.15%) Agile Software Development
9 193 (38.37%) AWS
10 192 (38.17%) Software Engineering
10 192 (38.17%) Foreign Exchange (FX)
11 185 (36.78%) Web Services
12 180 (35.79%) Investment Management
13 169 (33.60%) React
14 161 (32.01%) Hedge funds
15 157 (31.21%) SQL
16 149 (29.62%) Banking
17 140 (27.83%) AngularJS
18 118 (23.46%) Analytics
19 116 (23.06%) Vue.js
20 113 (22.47%) Investment Banking
21 110 (21.87%) Kotlin
22 95 (18.89%) C#
23 74 (14.71%) Node.js
24 73 (14.51%) C++
25 71 (14.12%) Azure
26 68 (13.52%) Scala
26 68 (13.52%) TypeScript
27 66 (13.12%) Equity Derivative

Derivative
Co-occurring IT Skills in 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 59 (11.73%) Apache
2 36 (7.16%) Apache Spark
3 1 (0.20%) DataSynapse
3 1 (0.20%) OpenStack
3 1 (0.20%) Tomcat
Applications
1 12 (2.39%) Microsoft Excel
2 3 (0.60%) Spreadsheet
3 2 (0.40%) Microsoft PowerPoint
3 2 (0.40%) MS Visio
4 1 (0.20%) Adobe XD
4 1 (0.20%) Microsoft Project
Business Applications
1 7 (1.39%) Markit EDM
2 5 (0.99%) Eagle PACE
3 4 (0.80%) FINCAD Analytics
4 3 (0.60%) ION MarketView
5 2 (0.40%) Eikon
6 1 (0.20%) Bloomberg AIM
6 1 (0.20%) BusinessWorks
6 1 (0.20%) PolarLake
Cloud Services
1 193 (38.37%) AWS
2 71 (14.12%) Azure
3 65 (12.92%) Serverless
4 63 (12.52%) AWS Lambda
4 63 (12.52%) GCP
5 61 (12.13%) Amazon EC2
5 61 (12.13%) Amazon S3
6 2 (0.40%) Amazon SQS
7 1 (0.20%) npm
7 1 (0.20%) Yarn
Communications & Networking
1 11 (2.19%) FIX Connectivity
2 3 (0.60%) TCP/IP
3 2 (0.40%) HTTP
4 1 (0.20%) 3GPP
4 1 (0.20%) SGSN
4 1 (0.20%) Software-Defined Networking
Database & Business Intelligence
1 61 (12.13%) Amazon DynamoDB
2 58 (11.53%) Apache Ignite
3 20 (3.98%) SQL Server
4 14 (2.78%) Apache Cassandra
5 8 (1.59%) SQL Server Analysis Services
6 6 (1.19%) MongoDB
6 6 (1.19%) Oracle Database
7 5 (0.99%) NoSQL
7 5 (0.99%) Redis
8 4 (0.80%) Data Mining
8 4 (0.80%) Data Warehouse
9 3 (0.60%) Hazelcast
9 3 (0.60%) Tableau
10 2 (0.40%) Relational Database
11 1 (0.20%) BusinessObjects
11 1 (0.20%) MS Access
11 1 (0.20%) Oracle Database 11g
11 1 (0.20%) Oracle Reports
11 1 (0.20%) RDBMS
11 1 (0.20%) SAP BW
Development Applications
1 39 (7.75%) Git (software)
2 25 (4.97%) JIRA
3 14 (2.78%) Artifactory
3 14 (2.78%) Bitbucket
4 11 (2.19%) Maven
5 10 (1.99%) Octopus Deploy
6 7 (1.39%) Subversion
6 7 (1.39%) TeamCity
6 7 (1.39%) Visual Studio
7 5 (0.99%) RStudio
8 4 (0.80%) Robot Framework
9 2 (0.40%) Cucumber
9 2 (0.40%) Eclipse
9 2 (0.40%) Gradle
9 2 (0.40%) IntelliJ
9 2 (0.40%) Jenkins
9 2 (0.40%) Selenium
10 1 (0.20%) Axure RP
10 1 (0.20%) webpack
General
1 385 (76.54%) Front Office
2 362 (71.97%) Finance
3 149 (29.62%) Banking
4 113 (22.47%) Investment Banking
5 14 (2.78%) Back Office
6 9 (1.79%) Prime Brokerage
6 9 (1.79%) Synthetic Prime Brokerage
7 3 (0.60%) International Banking
8 2 (0.40%) Advertising
8 2 (0.40%) Financial Institution
8 2 (0.40%) Legal
8 2 (0.40%) Marketing
8 2 (0.40%) Retail
9 1 (0.20%) Corporate Banking
9 1 (0.20%) General Ledger
9 1 (0.20%) Private Banking
9 1 (0.20%) Telecoms
Job Titles
1 325 (64.61%) Developer
2 129 (25.65%) Software Engineer
3 128 (25.45%) Developer/Software Engineer
4 121 (24.06%) Python Developer
5 114 (22.66%) Analyst
6 96 (19.09%) JavaScript Developer
7 81 (16.10%) Java Developer
8 74 (14.71%) Front Office Developer
9 70 (13.92%) Python Engineer
9 70 (13.92%) Python Software Engineer
10 60 (11.93%) Business Analyst
11 53 (10.54%) Financial Analyst
12 51 (10.14%) JavaScript Engineer
13 31 (6.16%) SQL Analyst
13 31 (6.16%) SQL Data Analyst
14 30 (5.96%) C# Developer
15 27 (5.37%) Investment Banking Java Developer
16 25 (4.97%) Data Analyst
17 23 (4.57%) Senior Developer
18 22 (4.37%) Report Analyst
Libraries, Frameworks & Software Standards
1 185 (36.78%) Web Services
2 169 (33.60%) React
3 140 (27.83%) AngularJS
4 116 (23.06%) Vue.js
5 74 (14.71%) Node.js
6 53 (10.54%) .NET
7 49 (9.74%) FIX Protocol
8 36 (7.16%) gRPC
8 36 (7.16%) Protocol Buffers
9 26 (5.17%) Shiny
10 18 (3.58%) .NET Core
10 18 (3.58%) Kafka
11 14 (2.78%) XML
12 13 (2.58%) ASP.NET
12 13 (2.58%) ASP.NET Web API
12 13 (2.58%) WPF
13 11 (2.19%) ASP.NET Core
14 10 (1.99%) WCF
15 9 (1.79%) Spring
16 7 (1.39%) GraphQL
Miscellaneous
1 267 (53.08%) Equities
2 252 (50.10%) Fixed Income
3 192 (38.17%) Foreign Exchange (FX)
4 161 (32.01%) Hedge funds
5 66 (13.12%) Equity Derivative
6 35 (6.96%) Analytical Skills
6 35 (6.96%) Credit Derivative
7 33 (6.56%) Greenfield Project
8 22 (4.37%) Credit Risk
9 21 (4.17%) Data Structures
10 20 (3.98%) Market Risk
11 18 (3.58%) Blog
12 14 (2.78%) SWIFT
13 12 (2.39%) OTC Derivatives
14 10 (1.99%) Energy Derivatives
15 9 (1.79%) Grid Computing
16 7 (1.39%) Reference Data
16 7 (1.39%) Self-Motivation
17 6 (1.19%) CUDA
18 4 (0.80%) Virtual Team
Operating Systems
1 14 (2.78%) Linux
1 14 (2.78%) Unix
2 2 (0.40%) Windows
3 1 (0.20%) Solaris
Processes & Methodologies
1 225 (44.73%) Asset Management
2 207 (41.15%) Agile Software Development
3 192 (38.17%) Software Engineering
4 180 (35.79%) Investment Management
5 118 (23.46%) Analytics
6 60 (11.93%) Electronic Trading
7 59 (11.73%) Requirements Gathering
8 58 (11.53%) Portfolio Management
9 57 (11.33%) Multithreading
10 56 (11.13%) Low Latency
11 45 (8.95%) Dashboard Development
12 44 (8.75%) Microservices
13 38 (7.55%) Business Analysis
14 37 (7.36%) Performance Attribution
15 34 (6.76%) Problem-Solving
16 30 (5.96%) Open Source
17 29 (5.77%) Migration
18 28 (5.57%) Risk Management
19 27 (5.37%) Algorithmic Trading
20 26 (5.17%) TDD
Programming Languages
1 279 (55.47%) Python
2 267 (53.08%) Java
3 233 (46.32%) JavaScript
4 157 (31.21%) SQL
5 110 (21.87%) Kotlin
6 95 (18.89%) C#
7 73 (14.51%) C++
8 68 (13.52%) Scala
8 68 (13.52%) TypeScript
9 30 (5.96%) R
10 22 (4.37%) Clojure
11 8 (1.59%) Haskell
11 8 (1.59%) VBA
12 4 (0.80%) C
12 4 (0.80%) Perl
12 4 (0.80%) PL/SQL
13 3 (0.60%) ES6
13 3 (0.60%) Java 8
14 2 (0.40%) Shell Script
15 1 (0.20%) PHP
Qualifications
1 18 (3.58%) Degree
2 4 (0.80%) PhD
3 3 (0.60%) Numerate Degree
4 1 (0.20%) CFA
Quality Assurance & Compliance
1 7 (1.39%) Data Quality
2 5 (0.99%) MiFID
3 3 (0.60%) Dodd-Frank
3 3 (0.60%) EMIR
3 3 (0.60%) QA
4 2 (0.40%) COREP
4 2 (0.40%) IFRS
4 2 (0.40%) PMO
5 1 (0.20%) CRD IV
5 1 (0.20%) GDPR
5 1 (0.20%) OASIS TOSCA
System Software
1 44 (8.75%) Docker
2 1 (0.20%) KVM
2 1 (0.20%) LXC
2 1 (0.20%) Platform Symphony
2 1 (0.20%) VMware ESXi
Systems Management
1 38 (7.55%) Kubernetes
2 36 (7.16%) Terraform
3 3 (0.60%) ITRS Geneos
4 1 (0.20%) BladeLogic
4 1 (0.20%) Cloudify
4 1 (0.20%) Control-M
4 1 (0.20%) Docker Swarm
4 1 (0.20%) Grafana
4 1 (0.20%) Juju
4 1 (0.20%) Prometheus
4 1 (0.20%) Tivoli
Vendors
1 54 (10.74%) Bloomberg
2 14 (2.78%) Atlassian
3 12 (2.39%) Oracle
4 11 (2.19%) Google
5 10 (1.99%) Murex
6 8 (1.59%) Reuters
7 6 (1.19%) FactSet
8 5 (0.99%) Solace
9 3 (0.60%) Apple
9 3 (0.60%) ION Trading
10 2 (0.40%) DevExpress
11 1 (0.20%) BMC
11 1 (0.20%) Charles River
11 1 (0.20%) Juniper
11 1 (0.20%) Red Hat
11 1 (0.20%) ServiceNow
11 1 (0.20%) Sophis
11 1 (0.20%) StatPro
11 1 (0.20%) TIBCO
11 1 (0.20%) Wallstreet Suite