Period
to 24 March 2019

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 24 March 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
England > London
6 months to
24 Mar 2019
Same period 2018 Same period 2017
Rank 218 168 139
Rank change year-on-year -50 -29 -26
Contract jobs citing Derivative 554 785 789
As % of all contract IT jobs advertised in London 1.30% 1.67% 1.95%
As % of the Miscellaneous category 3.52% 4.47% 5.37%
Number of daily rates quoted 416 603 571
London median daily rate £650 £625 £600
Median daily rate % change year-on-year +4.00% +4.17% +2.13%
10th Percentile £513 £441 £425
90th Percentile £750 £775 £750
England median daily rate £650 £614 £600
% change year-on-year +5.86% +2.33% +4.35%
Number of hourly rates quoted 2 1 0
London median hourly rate £25.30 £80.00 -
Median hourly rate % change year-on-year -68.38% - -
England median hourly rate £25.30 £62.50 -
% change year-on-year -59.53% - -

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 15,726 17,579 14,688
As % of all contract IT jobs advertised in London 36.88% 37.40% 36.23%
Number of daily rates quoted 11,213 12,661 10,239
London median daily rate £525 £500 £475
Median daily rate % change year-on-year +5.00% +5.26% +2.15%
10th Percentile £324 £313 £300
90th Percentile £700 £688 £669
England median daily rate £475 £465 £440
% change year-on-year +2.15% +5.68% +3.53%
Number of hourly rates quoted 248 296 254
London median hourly rate £23.87 £22.50 £24.41
Median hourly rate % change year-on-year +6.07% -7.82% +21.75%
10th Percentile £13.18 £12.41 £12.75
90th Percentile £50.19 £48.38 £51.25
England median hourly rate £20.25 £21.90 £20.00
% change year-on-year -7.56% +9.50% -3.03%

Derivative
Job Vacancy Trend in London

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

Job vacancy trend for Derivative in London

Derivative
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Derivative in London

Derivative
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Derivative in London over the 6 months to 24 March 2019.

Contractor daily rate histogram for Derivative in London

Derivative
Contractor Hourly Rate Trend in London

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

Contractor 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 24 March 2019. 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 -69 110 £650 +4.00% 11
East London -40 5 £617 -1.28%
Derivative
England

For the 6 months to 24 March 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 London region with a requirement for Derivative.

1 270 (48.74%) Front Office
2 254 (45.85%) Finance
3 242 (43.68%) Banking
4 214 (38.63%) Java
5 210 (37.91%) Agile Software Development
6 194 (35.02%) Fixed Income
7 182 (32.85%) SQL
8 156 (28.16%) Multithreading
9 141 (25.45%) Foreign Exchange (FX)
10 121 (21.84%) C#
10 121 (21.84%) Equities
11 104 (18.77%) Investment Banking
12 96 (17.33%) Equity Derivative
13 93 (16.79%) Asset Management
14 92 (16.61%) .NET
15 88 (15.88%) Python
16 87 (15.70%) OTC Derivatives
17 82 (14.80%) Oracle
17 82 (14.80%) Analytics
18 77 (13.90%) TDD
19 73 (13.18%) SQL Server
20 70 (12.64%) C++
21 62 (11.19%) Hedge funds
22 58 (10.47%) Continuous Integration
23 53 (9.57%) Risk Management
24 49 (8.84%) Analytical Skills
24 49 (8.84%) Problem-Solving
25 47 (8.48%) Credit Risk
26 43 (7.76%) Low Latency
27 41 (7.40%) Jenkins

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 32 (5.78%) Oracle Coherence
2 16 (2.89%) Apache
3 13 (2.35%) WebSphere
4 11 (1.99%) Oracle SOA Suite
5 8 (1.44%) DataSynapse
6 5 (0.90%) Apache Spark
6 5 (0.90%) Confluence
7 2 (0.36%) SAS
8 1 (0.18%) nginx
8 1 (0.18%) SharePoint
Applications
1 33 (5.96%) Microsoft Excel
2 14 (2.53%) Spreadsheet
3 3 (0.54%) Microsoft PowerPoint
3 3 (0.54%) Microsoft Project
3 3 (0.54%) MS Visio
4 2 (0.36%) Microsoft Office
5 1 (0.18%) LaTeX
Business Applications
1 5 (0.90%) thinkFolio
2 4 (0.72%) Markit EDM
3 2 (0.36%) Bloomberg AIM
3 2 (0.36%) IntelliMatch
4 1 (0.18%) AquaLogic BPM
4 1 (0.18%) Front Arena
4 1 (0.18%) Global One
4 1 (0.18%) Oracle BPM
4 1 (0.18%) Oracle Cash Management
4 1 (0.18%) SimCorp Dimension
4 1 (0.18%) Summit
4 1 (0.18%) SunGard GMI
Cloud Services
1 34 (6.14%) Amazon AWS
2 13 (2.35%) Microsoft Azure
3 7 (1.26%) GitHub
4 3 (0.54%) Google Cloud Platform
5 1 (0.18%) Amazon CloudWatch
5 1 (0.18%) Amazon EC2
5 1 (0.18%) Amazon S3
Communications & Networking
1 7 (1.26%) AMQP
Database & Business Intelligence
1 73 (13.18%) SQL Server
2 28 (5.05%) SQL Server 2005
2 28 (5.05%) SQL Server 2008
2 28 (5.05%) SQL Server 2012
3 26 (4.69%) Relational Database
4 17 (3.07%) Hazelcast
4 17 (3.07%) RDBMS
5 16 (2.89%) Apache Ignite
6 12 (2.17%) KDB
6 12 (2.17%) SQL Server Integration Services
7 11 (1.99%) Data Warehouse
7 11 (1.99%) NoSQL
8 10 (1.81%) PostgreSQL
8 10 (1.81%) SQL Server Reporting Services
9 7 (1.26%) DB2
9 7 (1.26%) Kdb+
9 7 (1.26%) Microsoft Analysis Services
10 6 (1.08%) Tick Data
11 5 (0.90%) Hadoop
11 5 (0.90%) MongoDB
Development Applications
1 41 (7.40%) Jenkins
2 39 (7.04%) Team Foundation Server
3 29 (5.23%) JIRA
4 19 (3.43%) Git (software)
5 9 (1.62%) Maven
5 9 (1.62%) NUnit
5 9 (1.62%) Subversion
6 7 (1.26%) IntelliJ
6 7 (1.26%) Visual Studio
7 6 (1.08%) SpecFlow
8 5 (0.90%) Eclipse
9 4 (0.72%) Ant
9 4 (0.72%) Gradle
9 4 (0.72%) JUnit
10 3 (0.54%) TeamCity
11 2 (0.36%) JMeter
11 2 (0.36%) Robot Framework
11 2 (0.36%) TestComplete
11 2 (0.36%) webpack
12 1 (0.18%) HP UFT
General
1 270 (48.74%) Front Office
2 254 (45.85%) Finance
3 242 (43.68%) Banking
4 104 (18.77%) Investment Banking
5 20 (3.61%) Back Office
6 14 (2.53%) Financial Institution
7 7 (1.26%) Legal
8 6 (1.08%) Games
9 2 (0.36%) Prime Brokerage
9 2 (0.36%) Retail Banking
10 1 (0.18%) Greek Language
Job Titles
1 360 (64.98%) Developer
2 171 (30.87%) Java Developer
3 126 (22.74%) Analyst
4 85 (15.34%) Front Office Developer
5 75 (13.54%) C# Developer
6 61 (11.01%) Business Analyst
7 59 (10.65%) Senior Developer
8 48 (8.66%) Quantitative Developer
9 39 (7.04%) Senior Java Developer
10 32 (5.78%) WPF Developer
11 31 (5.60%) Python Developer
12 30 (5.42%) Electronic Trading Developer
13 29 (5.23%) Electronic Trading Java Developer
13 29 (5.23%) React Developer
14 28 (5.05%) C# WPF Developer
15 25 (4.51%) Credit Risk Developer
16 24 (4.33%) Angular Developer
17 23 (4.15%) C++ Developer
17 23 (4.15%) Credit Risk Java Developer
17 23 (4.15%) SQL Developer
Libraries, Frameworks & Software Standards
1 92 (16.61%) .NET
2 37 (6.68%) Spring
2 37 (6.68%) WPF
3 36 (6.50%) HTML
4 32 (5.78%) React
5 31 (5.60%) AngularJS
6 29 (5.23%) Middleware
7 25 (4.51%) WCF
8 24 (4.33%) CSS
8 24 (4.33%) Hibernate
9 21 (3.79%) FIX Protocol
9 21 (3.79%) JMS
10 20 (3.61%) Web Services
11 15 (2.71%) ASP.NET
11 15 (2.71%) D3.js
12 11 (1.99%) Rendezvous
13 10 (1.81%) Boost C++ Libraries
14 9 (1.62%) ASP.NET Web API
14 9 (1.62%) HTML5
14 9 (1.62%) NumPy
Miscellaneous
1 194 (35.02%) Fixed Income
2 141 (25.45%) Foreign Exchange (FX)
3 121 (21.84%) Equities
4 96 (17.33%) Equity Derivative
5 87 (15.70%) OTC Derivatives
6 62 (11.19%) Hedge funds
7 49 (8.84%) Analytical Skills
8 47 (8.48%) Credit Risk
9 36 (6.50%) Credit Derivative
10 26 (4.69%) Virtual Team
11 22 (3.97%) Market Risk
12 19 (3.43%) Self-Motivation
13 18 (3.25%) Interest Rate Derivative
14 16 (2.89%) Greenfield Project
15 12 (2.17%) Data Structures
16 11 (1.99%) Grid Computing
17 9 (1.62%) Wiki
18 7 (1.26%) Client/Server
19 6 (1.08%) Equity Risk
19 6 (1.08%) Swaptions
Operating Systems
1 41 (7.40%) Unix
2 32 (5.78%) Linux
3 26 (4.69%) Windows
4 9 (1.62%) Windows Server
4 9 (1.62%) Windows Server 2012
5 3 (0.54%) Solaris
6 1 (0.18%) OS/400
6 1 (0.18%) Red Hat Enterprise Linux
6 1 (0.18%) SUSE
Processes & Methodologies
1 210 (37.91%) Agile Software Development
2 156 (28.16%) Multithreading
3 93 (16.79%) Asset Management
4 82 (14.80%) Analytics
5 77 (13.90%) TDD
6 58 (10.47%) Continuous Integration
7 53 (9.57%) Risk Management
8 49 (8.84%) Problem-Solving
9 43 (7.76%) Low Latency
10 39 (7.04%) Business Analysis
10 39 (7.04%) Migration
11 37 (6.68%) Mathematics
11 37 (6.68%) OO
12 35 (6.32%) Electronic Trading
12 35 (6.32%) SOLID
12 35 (6.32%) Test Automation
13 34 (6.14%) Scrum
14 33 (5.96%) SDLC
15 31 (5.60%) Investment Management
15 31 (5.60%) Portfolio Management
Programming Languages
1 214 (38.63%) Java
2 182 (32.85%) SQL
3 121 (21.84%) C#
4 88 (15.88%) Python
5 70 (12.64%) C++
6 39 (7.04%) JavaScript
7 36 (6.50%) Java 8
8 31 (5.60%) VBA
9 30 (5.42%) Kotlin
9 30 (5.42%) Scala
10 25 (4.51%) PL/SQL
10 25 (4.51%) R
11 13 (2.35%) Haskell
12 9 (1.62%) MATLAB
13 7 (1.26%) ES6
14 6 (1.08%) F#
14 6 (1.08%) TypeScript
15 4 (0.72%) VB
16 3 (0.54%) Perl
16 3 (0.54%) VC++
Qualifications
1 37 (6.68%) Degree
2 19 (3.43%) PhD
3 12 (2.17%) Numerate Degree
4 5 (0.90%) Computer Science Degree
5 4 (0.72%) CFA
6 3 (0.54%) ISEB
7 2 (0.36%) ISTQB
7 2 (0.36%) PRINCE2 Practitioner
8 1 (0.18%) AWS Certification
8 1 (0.18%) CEH
8 1 (0.18%) CISM
8 1 (0.18%) CISSP
8 1 (0.18%) CRISC
8 1 (0.18%) Master's Degree
8 1 (0.18%) PRINCE2 Certification
Quality Assurance & Compliance
1 13 (2.35%) Data Quality
2 12 (2.17%) MiFID
3 9 (1.62%) QA
4 5 (0.90%) EMIR
5 3 (0.54%) Dodd-Frank
5 3 (0.54%) PMO
6 2 (0.36%) COREP
6 2 (0.36%) CRD IV
6 2 (0.36%) UCITS
7 1 (0.18%) FINREP
7 1 (0.18%) SLA
System Software
1 8 (1.44%) Oracle RAC
2 1 (0.18%) Active Directory
2 1 (0.18%) KVM
2 1 (0.18%) RHEV
2 1 (0.18%) VMware Infrastructure
Systems Management
1 8 (1.44%) HP ALM
2 6 (1.08%) ITRS Geneos
3 3 (0.54%) Ansible
3 3 (0.54%) Control-M
4 2 (0.36%) HP Quality Center
5 1 (0.18%) Kubernetes
5 1 (0.18%) Puppet
Vendors
1 82 (14.80%) Oracle
2 31 (5.60%) Murex
3 28 (5.05%) Telerik
4 26 (4.69%) Microsoft
5 22 (3.97%) Sybase
6 20 (3.61%) FXall
7 18 (3.25%) TIBCO
8 15 (2.71%) Bloomberg
9 13 (2.35%) Charles River
10 6 (1.08%) HP
11 5 (0.90%) Calypso
11 5 (0.90%) ION Trading
11 5 (0.90%) Solace
12 4 (0.72%) DevExpress
12 4 (0.72%) FactSet
13 3 (0.54%) Google
13 3 (0.54%) Reuters
13 3 (0.54%) Tableau
13 3 (0.54%) Tradeweb
14 2 (0.36%) Sun