Period
to

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 19 May 2022 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
19 May 2022
Same period 2021 Same period 2020
Rank 141 131 123
Rank change year-on-year -10 -8 +118
Contract jobs citing Derivative 770 506 431
As % of all contract jobs advertised in London 1.99% 2.11% 2.14%
As % of the Miscellaneous category 5.71% 6.19% 6.39%
Number of daily rates quoted 661 430 384
10th Percentile £531 £513 £500
25th Percentile £550 £550 £547
Median daily rate (50th Percentile) £675 £613 £650
Median % change year-on-year +10.20% -5.77% -
75th Percentile £763 £713 £725
90th Percentile £888 £775 £800
England median daily rate £675 £613 £650
% change year-on-year +10.20% -5.77% -

Derivative is in the General and Transferable 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 Skills
London
Contract vacancies with a requirement for generic IT skills 13,489 8,168 6,750
As % of all contract IT jobs advertised in London 34.89% 34.02% 33.47%
Number of daily rates quoted 9,872 5,710 4,887
10th Percentile £400 £350 £313
25th Percentile £481 £431 £414
Median daily rate (50th Percentile) £600 £538 £525
Median % change year-on-year +11.63% +2.38% -
75th Percentile £713 £650 £638
90th Percentile £800 £738 £725
England median daily rate £550 £500 £475
% change year-on-year +10.00% +5.26% -
Number of hourly rates quoted 209 140 116
10th Percentile £18.50 £15.06 £13.13
25th Percentile £23.91 £21.25 £18.00
Median hourly rate £43.74 £32.25 £32.38
Median % change year-on-year +35.63% -0.39% +29.76%
75th Percentile £53.75 £47.50 £47.75
90th Percentile £68.25 £60.10 £53.75
England median hourly rate £26.98 £26.11 £22.29
% change year-on-year +3.34% +17.15% +6.12%

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 19 May 2022.

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 19 May 2022. 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
Jobs
Central London -56 66 £688 +12.29% 20
South London - 15 £800 -
East London - 3 £260 - 3
Derivative
England

For the 6 months to 19 May 2022, 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.

1 526 (68.31%) Finance
2 417 (54.16%) Front Office
3 414 (53.77%) Agile
4 327 (42.47%) Python
5 314 (40.78%) Foreign Exchange (FX)
6 270 (35.06%) Software Engineering
7 268 (34.81%) Fixed Income
8 266 (34.55%) Equities
9 262 (34.03%) Asset Management
10 261 (33.90%) AWS
11 260 (33.77%) SQL
12 247 (32.08%) Banking
13 246 (31.95%) Investment Management
14 245 (31.82%) JavaScript
14 245 (31.82%) React
15 239 (31.04%) Java
16 232 (30.13%) C#
17 213 (27.66%) Hedge funds
18 196 (25.45%) Analytics
19 166 (21.56%) Investment Banking
20 157 (20.39%) .NET
21 152 (19.74%) Social Skills
22 141 (18.31%) Azure
23 119 (15.45%) Full Stack Development
24 118 (15.32%) GCP
25 116 (15.06%) Microservices
26 114 (14.81%) CI/CD
27 105 (13.64%) Electronic Trading
28 101 (13.12%) Analytical Skills
29 93 (12.08%) .NET Core

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 17 (2.21%) CMS
2 15 (1.95%) Apache
3 13 (1.69%) Confluence
4 11 (1.43%) MQSeries
4 11 (1.43%) WebSphere
5 6 (0.78%) Apache Airflow
6 5 (0.65%) Apache Spark
6 5 (0.65%) Luigi
7 4 (0.52%) SharePoint
8 3 (0.39%) Elasticsearch
9 1 (0.13%) IIS
9 1 (0.13%) Tomcat
Applications
1 70 (9.09%) Microsoft Excel
2 18 (2.34%) Spreadsheet
3 17 (2.21%) MS Visio
4 14 (1.82%) Microsoft PowerPoint
5 10 (1.30%) Microsoft Project
6 8 (1.04%) Microsoft Office
Business Applications
1 17 (2.21%) BusinessWorks
2 8 (1.04%) Endur
2 8 (1.04%) thinkFolio
3 3 (0.39%) Kondor
4 2 (0.26%) Bloomberg AIM
4 2 (0.26%) Eagle PACE
5 1 (0.13%) Oracle Payables
5 1 (0.13%) Sentinel
Cloud Services
1 261 (33.90%) AWS
2 141 (18.31%) Azure
3 118 (15.32%) GCP
4 32 (4.16%) npm
5 11 (1.43%) Power Platform
6 6 (0.78%) Amazon EC2
6 6 (0.78%) Azure Service Bus
7 5 (0.65%) Amazon EMR
7 5 (0.65%) Amazon SQS
7 5 (0.65%) GitHub
7 5 (0.65%) Yarn
8 4 (0.52%) Azure Active Directory
8 4 (0.52%) IaaS
9 3 (0.39%) Serverless
10 2 (0.26%) Azure Functions
10 2 (0.26%) Azure Machine Learning
10 2 (0.26%) OpenShift
10 2 (0.26%) PaaS
10 2 (0.26%) SaaS
10 2 (0.26%) Snowflake
Communications & Networking
1 28 (3.64%) TCP/IP
2 8 (1.04%) FIX Connectivity
3 4 (0.52%) HTTP
3 4 (0.52%) Internet
3 4 (0.52%) Reverse Proxy
4 3 (0.39%) Kerberos
4 3 (0.39%) Multicast
5 2 (0.26%) AMQP
6 1 (0.13%) Intranet
Database & Business Intelligence
1 68 (8.83%) SQL Server
2 18 (2.34%) NoSQL
3 14 (1.82%) Apache Ignite
4 13 (1.69%) PostgreSQL
5 12 (1.56%) Tableau
6 11 (1.43%) Power BI
7 10 (1.30%) Big Data
7 10 (1.30%) ObjectStore
7 10 (1.30%) Relational Database
8 7 (0.91%) MySQL
8 7 (0.91%) Oracle Database
9 6 (0.78%) Amazon Athena
10 5 (0.65%) Amazon RDS
10 5 (0.65%) Amazon Redshift
10 5 (0.65%) Apache Cassandra
10 5 (0.65%) Hadoop
10 5 (0.65%) Presto
10 5 (0.65%) RDBMS
11 4 (0.52%) ClickHouse
12 3 (0.39%) SQL Server Integration Services
Development Applications
1 74 (9.61%) Git (software)
2 33 (4.29%) JIRA
3 29 (3.77%) Maven
4 27 (3.51%) Grunt
5 25 (3.25%) webpack
6 24 (3.12%) TeamCity
7 19 (2.47%) Jenkins
8 8 (1.04%) Bitbucket
9 6 (0.78%) Eclipse
9 6 (0.78%) GitLab
9 6 (0.78%) Gradle
9 6 (0.78%) IntelliJ
10 4 (0.52%) Artifactory
10 4 (0.52%) Cypress.io
10 4 (0.52%) Subversion
11 3 (0.39%) Visual Studio
12 2 (0.26%) MLflow
12 2 (0.26%) Visual Studio Team System
13 1 (0.13%) Mercurial
13 1 (0.13%) Team Foundation Server
General
1 526 (68.31%) Finance
2 417 (54.16%) Front Office
3 247 (32.08%) Banking
4 166 (21.56%) Investment Banking
5 152 (19.74%) Social Skills
6 101 (13.12%) Analytical Skills
7 21 (2.73%) Back Office
8 19 (2.47%) Legal
9 15 (1.95%) Presentation Skills
10 10 (1.30%) Documentation Skills
11 8 (1.04%) Financial Institution
12 6 (0.78%) International Banking
12 6 (0.78%) Retail
13 4 (0.52%) Games
13 4 (0.52%) Law
13 4 (0.52%) Public Speaking
14 3 (0.39%) French Language
15 2 (0.26%) Advertising
15 2 (0.26%) Inclusion and Diversity
15 2 (0.26%) Organisational Skills
Job Titles
1 477 (61.95%) Developer
2 198 (25.71%) Software Engineer
3 196 (25.45%) Developer/Software Engineer
4 160 (20.78%) Analyst
5 130 (16.88%) Python Developer
6 113 (14.68%) Java Developer
7 109 (14.16%) Business Analyst
8 106 (13.77%) Senior Developer
9 98 (12.73%) Python Engineer
10 91 (11.82%) Python Software Engineer
11 76 (9.87%) React Developer
12 64 (8.31%) AWS Developer
12 64 (8.31%) AWS Engineer
12 64 (8.31%) AWS Software Engineer
12 64 (8.31%) Senior Java Developer
13 63 (8.18%) .NET Developer
14 62 (8.05%) .NET Software Developer
14 62 (8.05%) .NET Software Engineer
15 61 (7.92%) C# Developer
16 50 (6.49%) UI Developer
Libraries, Frameworks & Software Standards
1 245 (31.82%) React
2 157 (20.39%) .NET
3 93 (12.08%) .NET Core
4 81 (10.52%) NumPy
4 81 (10.52%) Pandas
5 79 (10.26%) SciPy
6 74 (9.61%) AngularJS
7 65 (8.44%) ASP.NET
8 64 (8.31%) Node.js
9 62 (8.05%) ASP.NET Web API
10 59 (7.66%) XML
11 58 (7.53%) ASP.NET Core
12 39 (5.06%) FIX Protocol
13 37 (4.81%) Vue.js
14 36 (4.68%) Boost C++ Libraries
15 32 (4.16%) FpML
16 31 (4.03%) HTML
17 30 (3.90%) CSS
18 29 (3.77%) Middleware
19 28 (3.64%) Rendezvous
Miscellaneous
1 314 (40.78%) Foreign Exchange (FX)
2 268 (34.81%) Fixed Income
3 266 (34.55%) Equities
4 213 (27.66%) Hedge funds
5 79 (10.26%) Greenfield Project
6 61 (7.92%) Equity Derivative
7 57 (7.40%) OTC Derivatives
8 44 (5.71%) Credit Derivative
9 39 (5.06%) Data Structures
10 36 (4.68%) Algorithms
11 35 (4.55%) User Experience
12 30 (3.90%) Interest Rate Derivative
13 26 (3.38%) Market Risk
14 23 (2.99%) Management Information System
14 23 (2.99%) Swaptions
15 16 (2.08%) Exotic Derivative
16 14 (1.82%) Reference Data
17 8 (1.04%) Cloud Native
17 8 (1.04%) Credit Risk
17 8 (1.04%) Public Cloud
Operating Systems
1 72 (9.35%) Windows
2 65 (8.44%) Linux
3 41 (5.32%) Unix
4 17 (2.21%) Windows 10
5 2 (0.26%) Android
5 2 (0.26%) Apple iOS
5 2 (0.26%) Windows Server
6 1 (0.13%) Debian
6 1 (0.13%) Red Hat Enterprise Linux
6 1 (0.13%) SUSE
Processes & Methodologies
1 414 (53.77%) Agile
2 270 (35.06%) Software Engineering
3 262 (34.03%) Asset Management
4 246 (31.95%) Investment Management
5 196 (25.45%) Analytics
6 119 (15.45%) Full Stack Development
7 116 (15.06%) Microservices
8 114 (14.81%) CI/CD
9 105 (13.64%) Electronic Trading
10 80 (10.39%) DevOps
11 79 (10.26%) Fintech
11 79 (10.26%) OO
12 74 (9.61%) Visualisation
13 69 (8.96%) Multithreading
14 68 (8.83%) Business Analysis
15 67 (8.70%) Problem-Solving
16 60 (7.79%) Front End Development
17 58 (7.53%) Risk Management
18 57 (7.40%) Migration
18 57 (7.40%) Scrum
Programming Languages
1 327 (42.47%) Python
2 260 (33.77%) SQL
3 245 (31.82%) JavaScript
4 239 (31.04%) Java
5 232 (30.13%) C#
6 88 (11.43%) C++
7 83 (10.78%) TypeScript
8 26 (3.38%) VBA
9 20 (2.60%) ES6
10 18 (2.34%) R
11 17 (2.21%) Perl
12 15 (1.95%) MATLAB
13 13 (1.69%) Scala
14 9 (1.17%) PL/SQL
15 5 (0.65%) Kotlin
16 4 (0.52%) PowerShell
17 3 (0.39%) ActionScript
17 3 (0.39%) PHP
17 3 (0.39%) Ruby
18 2 (0.26%) VB.NET
Qualifications
1 40 (5.19%) Degree
2 16 (2.08%) Numerate Degree
3 14 (1.82%) Computer Science Degree
4 4 (0.52%) CFA
5 3 (0.39%) APMG
5 3 (0.39%) IIBA
5 3 (0.39%) ISEB
5 3 (0.39%) ISTQB Foundation Certification
6 2 (0.26%) PhD
7 1 (0.13%) PMI Certification
7 1 (0.13%) PMP
Quality Assurance & Compliance
1 33 (4.29%) MiFID
2 22 (2.86%) EMIR
3 20 (2.60%) IFRS
4 17 (2.21%) GAAP
5 15 (1.95%) QA
6 14 (1.82%) FRS 29
7 12 (1.56%) Dodd-Frank
8 7 (0.91%) Data Quality
9 6 (0.78%) PMO
10 5 (0.65%) Solvency II
11 3 (0.39%) IFRS 9
12 2 (0.26%) Basel III
12 2 (0.26%) CRD IV
12 2 (0.26%) UCITS
13 1 (0.13%) SLA
System Software
1 41 (5.32%) Docker
2 4 (0.52%) Active Directory
2 4 (0.52%) NFS
2 4 (0.52%) Samba
3 2 (0.26%) GridGain
Systems Management
1 37 (4.81%) Kubernetes
2 21 (2.73%) Terraform
3 17 (2.21%) BladeLogic
4 15 (1.95%) Ansible
5 12 (1.56%) ITRS Geneos
6 4 (0.52%) MIIS
7 1 (0.13%) Podman
Vendors
1 67 (8.70%) Microsoft
2 52 (6.75%) Oracle
3 34 (4.42%) Bloomberg
4 28 (3.64%) TIBCO
5 22 (2.86%) Charles River
5 22 (2.86%) Murex
6 17 (2.21%) BMC
6 17 (2.21%) IBM
7 15 (1.95%) BISAM
8 12 (1.56%) Tradeweb
9 10 (1.30%) Atlassian
9 10 (1.30%) Splunk
10 8 (1.04%) Sybase
11 6 (0.78%) Fidessa
11 6 (0.78%) ION Trading
12 5 (0.65%) MarketAxess
13 3 (0.39%) DevExpress
13 3 (0.39%) GoldenSource
14 2 (0.26%) Red Hat
14 2 (0.26%) SimCorp