OTC Derivatives Contracts in the City of London

Over-the-Counter (OTC) Derivatives
Central London > City of London

The table below looks at the prevalence of the term OTC Derivatives 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 OTC Derivatives over the 6 months to 23 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
23 Apr 2024
Same period 2023 Same period 2022
Rank 126 174 197
Rank change year-on-year +48 +23 -53
Contract jobs citing OTC Derivatives 1 4 5
As % of all contract jobs advertised in the City of London 0.045% 0.11% 0.12%
As % of the Miscellaneous category 0.14% 0.30% 0.33%
Number of daily rates quoted 1 3 4
10th Percentile - £636 -
25th Percentile £604 £644 £574
Median daily rate (50th Percentile) £608 £663 £598
Median % change year-on-year -8.30% +10.88% +3.91%
75th Percentile £611 £766 £660
90th Percentile - £809 £729
Central London median daily rate £608 £663 £598
% change year-on-year -8.30% +10.88% +3.91%

All Generic Skills
City of London

OTC Derivatives 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 the City of London with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 690 1,323 1,520
As % of all contract IT jobs advertised in the City of London 31.11% 36.06% 35.71%
Number of daily rates quoted 473 892 1,117
10th Percentile £265 £350 £406
25th Percentile £425 £499 £500
Median daily rate (50th Percentile) £575 £625 £575
Median % change year-on-year -8.00% +8.70% +4.55%
75th Percentile £700 £750 £700
90th Percentile £838 £850 £800
Central London median daily rate £575 £600 £575
% change year-on-year -4.17% +4.35% +4.55%
Number of hourly rates quoted 9 14 24
10th Percentile £12.75 £17.69 £20.53
25th Percentile £16.00 £35.00 £38.75
Median hourly rate £23.00 £52.00 £48.00
Median % change year-on-year -55.77% +8.33% +167.04%
75th Percentile £27.50 £87.16 £61.75
90th Percentile £54.95 £88.30 £64.78
Central London median hourly rate £23.00 £35.00 £48.00
% change year-on-year -34.29% -27.08% +140.00%

OTC Derivatives
Job Vacancy Trend in the City of London

Job postings citing OTC Derivatives as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for OTC Derivatives in the City of London

OTC Derivatives
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing OTC Derivatives in the City of London.

Daily rate trend for OTC Derivatives in the City of London

OTC Derivatives
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing OTC Derivatives in the City of London.

Hourly rate trend for OTC Derivatives in the City of London

OTC Derivatives
Co-occurring Skills and Capabilities in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

General
1 1 (100.00%) Finance
1 1 (100.00%) Financial Institution
Job Titles
1 1 (100.00%) Product Manager
Miscellaneous
1 1 (100.00%) Derivative
Quality Assurance & Compliance
1 1 (100.00%) QA