Derivative Contracts in England

Derivatives
UK > 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 6 months to 28 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
28 May 2024
Same period 2023 Same period 2022
Rank 182 194 239
Rank change year-on-year +12 +45 +13
Contract jobs citing Derivative 483 649 808
As % of all contract jobs advertised in England 1.32% 1.36% 1.14%
As % of the Miscellaneous category 4.29% 4.04% 3.35%
Number of daily rates quoted 433 562 689
10th Percentile £553 £525 £531
25th Percentile £650 £616 £550
Median daily rate (50th Percentile) £750 £725 £675
Median % change year-on-year +3.45% +7.41% +10.20%
75th Percentile £850 £835 £763
90th Percentile £888 £1,000 £878
UK median daily rate £750 £725 £675
% change year-on-year +3.45% +7.41% +10.20%
Number of hourly rates quoted 0 0 2
10th Percentile - - -
25th Percentile - - £31.65
Median hourly rate - - £32.40
75th Percentile - - £33.15
90th Percentile - - -
UK median hourly rate - £47.73 £32.40
% change year-on-year - +47.31% -

All Generic Skills
England

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 England with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 11,258 16,068 24,088
As % of all contract IT jobs advertised in England 30.67% 33.75% 33.91%
Number of daily rates quoted 7,363 11,200 17,205
10th Percentile £270 £313 £313
25th Percentile £413 £450 £438
Median daily rate (50th Percentile) £550 £570 £550
Median % change year-on-year -3.51% +3.64% +10.00%
75th Percentile £675 £695 £675
90th Percentile £800 £800 £775
UK median daily rate £538 £550 £550
% change year-on-year -2.18% - +10.00%
Number of hourly rates quoted 830 554 623
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.17 £10.63 £17.19
Median hourly rate £35.50 £22.21 £26.50
Median % change year-on-year +59.87% -16.21% +3.92%
75th Percentile £61.30 £62.40 £49.25
90th Percentile £71.25 £75.00 £65.71
UK median hourly rate £34.21 £22.00 £26.98
% change year-on-year +55.50% -18.46% +4.78%

Derivative
Job Vacancy Trend in England

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

Job vacancy trend for Derivative in England

Derivative
Contractor Daily Rate Trend in England

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

Daily rate trend for Derivative in England

Derivative
Daily Rate Histogram in England

Daily rate distribution for jobs citing Derivative in England over the 6 months to 28 May 2024.

Daily rate histogram for Derivative in England

Derivative
Contractor Hourly Rate Trend in England

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

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 6 months to 28 May 2024. 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
London +13 469 £750 +3.45% 141
North of England +33 6 £638 - 4
North West +28 6 £638 - 2
South East +11 3 - -
South West +5 1 - - 1
Derivative
UK

Derivative
Co-occurring Skills and Capabilities in England 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:

Application Platforms
1 117 (24.22%) Apache Airflow
2 114 (23.60%) Apache
3 11 (2.28%) Confluence
4 7 (1.45%) SAS
5 3 (0.62%) Microsoft Exchange
6 2 (0.41%) Apache Spark
Applications
1 28 (5.80%) Microsoft Excel
2 16 (3.31%) Microsoft PowerPoint
3 14 (2.90%) MS Visio
4 6 (1.24%) Microsoft Project
5 3 (0.62%) Microsoft Office
6 2 (0.41%) Mingle
7 1 (0.21%) Spreadsheet
Business Applications
1 16 (3.31%) Aladdin
2 10 (2.07%) ION MarketView
3 4 (0.83%) Markit EDM
3 4 (0.83%) thinkFolio
4 3 (0.62%) IntelliMatch
4 3 (0.62%) ION Anvil
5 2 (0.41%) Endur
5 2 (0.41%) Fidessa
5 2 (0.41%) Loan IQ
Cloud Services
1 204 (42.24%) AWS
2 115 (23.81%) dbt
3 101 (20.91%) Snowflake
4 100 (20.70%) GCP
5 81 (16.77%) Azure
6 18 (3.73%) Azure DevOps
7 11 (2.28%) GitHub
8 6 (1.24%) Azure Cosmos DB
9 5 (1.04%) Azure App Service
9 5 (1.04%) Azure Service Bus
9 5 (1.04%) npm
9 5 (1.04%) Yarn
10 4 (0.83%) Amazon EC2
10 4 (0.83%) Amazon S3
10 4 (0.83%) Collibra
10 4 (0.83%) Power Platform
11 1 (0.21%) Figma
11 1 (0.21%) OpenShift
Communications & Networking
1 14 (2.90%) FIX Connectivity
2 1 (0.21%) Multicast
2 1 (0.21%) Wireshark
Database & Business Intelligence
1 115 (23.81%) Apache Arrow
1 115 (23.81%) Dremio
2 111 (22.98%) Amazon Athena
3 108 (22.36%) Apache Ignite
4 105 (21.74%) Data Lake
5 21 (4.35%) Relational Database
6 17 (3.52%) SQL Server
7 13 (2.69%) NoSQL
8 8 (1.66%) KDB
9 6 (1.24%) Data Mart
10 5 (1.04%) Oracle Database
10 5 (1.04%) PostgreSQL
10 5 (1.04%) Tableau
11 4 (0.83%) Big Data
11 4 (0.83%) Metadata
11 4 (0.83%) Oracle Reports
11 4 (0.83%) Power BI
12 3 (0.62%) MySQL
13 2 (0.41%) Hadoop
14 1 (0.21%) Elasticsearch
Development Applications
1 23 (4.76%) JIRA
2 17 (3.52%) TeamCity
3 12 (2.48%) SpecFlow
4 11 (2.28%) Visual Studio
5 8 (1.66%) Git
6 7 (1.45%) Jenkins
7 5 (1.04%) JUnit
7 5 (1.04%) MLflow
7 5 (1.04%) webpack
8 4 (0.83%) Bitbucket
8 4 (0.83%) Mockito
8 4 (0.83%) Moq
8 4 (0.83%) Octopus Deploy
9 3 (0.62%) FitNesse
9 3 (0.62%) Selenium
10 2 (0.41%) Babel
10 2 (0.41%) Cucumber
10 2 (0.41%) Gradle
10 2 (0.41%) IntelliJ
10 2 (0.41%) Team Foundation Server
General
1 401 (83.02%) Finance
2 322 (66.67%) Front Office
3 274 (56.73%) Banking
4 188 (38.92%) Investment Banking
5 53 (10.97%) Social Skills
6 46 (9.52%) Analytical Skills
7 42 (8.70%) Back Office
8 11 (2.28%) Financial Institution
9 9 (1.86%) Presentation Skills
10 4 (0.83%) Corporate Banking
10 4 (0.83%) Prime Brokerage
10 4 (0.83%) Synthetic Prime Brokerage
11 2 (0.41%) Agriculture
11 2 (0.41%) General Ledger
11 2 (0.41%) Public Sector
12 1 (0.21%) Influencing Skills
12 1 (0.21%) International Banking
12 1 (0.21%) Legal
12 1 (0.21%) Marketing
Job Titles
1 207 (42.86%) Developer
2 107 (22.15%) Analyst
3 102 (21.12%) Software Engineer
4 95 (19.67%) Senior
5 65 (13.46%) Business Analyst
6 61 (12.63%) Lead
7 57 (11.80%) Developer/Software Engineer
8 53 (10.97%) Java Developer
9 52 (10.77%) Finance Manager
9 52 (10.77%) Python Developer
10 51 (10.56%) Financial Analyst
11 44 (9.11%) Python Engineer
11 44 (9.11%) Python Software Engineer
11 44 (9.11%) Senior Software Engineer
12 39 (8.07%) Java Engineer
12 39 (8.07%) Quantitative Developer
13 38 (7.87%) Java Software Engineer
14 34 (7.04%) AWS Engineer
14 34 (7.04%) AWS Software Engineer
15 33 (6.83%) Lead Developer
Libraries, Frameworks & Software Standards
1 131 (27.12%) Pandas
2 125 (25.88%) NumPy
3 119 (24.64%) SciPy
4 118 (24.43%) gRPC
5 116 (24.02%) Protocol Buffers
6 49 (10.14%) React
7 44 (9.11%) .NET
8 32 (6.63%) FIX Protocol
9 26 (5.38%) Redux
10 21 (4.35%) AngularJS
11 17 (3.52%) Spring
12 15 (3.11%) .NET Core
12 15 (3.11%) XML
13 13 (2.69%) CSS
14 12 (2.48%) Vue
15 11 (2.28%) HTML
16 9 (1.86%) ASP.NET
16 9 (1.86%) ASP.NET Core
16 9 (1.86%) Kafka
17 8 (1.66%) .NET Framework
Miscellaneous
1 243 (50.31%) Fixed Income
2 231 (47.83%) Equities
3 227 (47.00%) Hedge funds
4 215 (44.51%) Foreign Exchange (FX)
5 42 (8.70%) Equity Derivative
6 41 (8.49%) Product Ownership
7 30 (6.21%) Algorithms
8 17 (3.52%) Data Structures
9 16 (3.31%) Credit Derivative
10 12 (2.48%) Pricing Data
11 10 (2.07%) Distributed Systems
11 10 (2.07%) OTC Derivatives
12 9 (1.86%) Enterprise Software
13 8 (1.66%) Interest Rate Derivative
14 7 (1.45%) Data Protection Act
15 6 (1.24%) Market Risk
15 6 (1.24%) SWIFT Messaging Network
16 5 (1.04%) Onboarding
17 4 (0.83%) Distributed Computing
17 4 (0.83%) Self-Motivation
Operating Systems
1 33 (6.83%) Linux
2 24 (4.97%) Unix
3 7 (1.45%) Windows
4 3 (0.62%) Apple iOS
5 1 (0.21%) Red Hat Enterprise Linux
Processes & Methodologies
1 245 (50.72%) Agile
2 225 (46.58%) Asset Management
3 190 (39.34%) Investment Management
4 174 (36.02%) Software Engineering
5 60 (12.42%) DevOps
6 58 (12.01%) TDD
7 53 (10.97%) Analytics
8 52 (10.77%) Line Management
9 45 (9.32%) Greeks
9 45 (9.32%) Mentoring
10 44 (9.11%) Mathematics
11 41 (8.49%) Computer Science
11 41 (8.49%) Risk Management
12 39 (8.07%) Electronic Trading
13 37 (7.66%) CI/CD
14 35 (7.25%) Fintech
15 32 (6.63%) Problem-Solving
15 32 (6.63%) Test Automation
16 30 (6.21%) Artificial Intelligence
16 30 (6.21%) Machine Learning
Programming Languages
1 272 (56.31%) Python
2 186 (38.51%) Java
3 154 (31.88%) JavaScript
4 148 (30.64%) SQL
5 147 (30.43%) TypeScript
6 102 (21.12%) C#
7 62 (12.84%) C++
8 20 (4.14%) R
9 14 (2.90%) Scala
10 12 (2.48%) Rust
11 6 (1.24%) Ruby
12 5 (1.04%) PowerShell
12 5 (1.04%) VBA
13 4 (0.83%) Bicep
14 3 (0.62%) Perl
15 2 (0.41%) Haskell
16 1 (0.21%) Bash
16 1 (0.21%) C
16 1 (0.21%) Groovy
16 1 (0.21%) Shell Script
Qualifications
1 60 (12.42%) Degree
2 21 (4.35%) Numerate Degree
3 19 (3.93%) Computer Science Degree
4 16 (3.31%) Master's Degree
5 3 (0.62%) PhD
6 2 (0.41%) APMP
6 2 (0.41%) CISA
6 2 (0.41%) CISM
6 2 (0.41%) CISSP
Quality Assurance & Compliance
1 47 (9.73%) Data Quality
2 44 (9.11%) QA
3 12 (2.48%) EMIR
4 11 (2.28%) MiFID
5 7 (1.45%) Dodd-Frank
6 4 (0.83%) IFRS
7 3 (0.62%) SEPA
8 2 (0.41%) Basel III
8 2 (0.41%) GAAP
8 2 (0.41%) PMO
9 1 (0.21%) FINREP
9 1 (0.21%) IFRS 9
System Software
1 8 (1.66%) Docker
Systems Management
1 12 (2.48%) ITRS Geneos
2 8 (1.66%) Kubernetes
3 5 (1.04%) Grafana
4 4 (0.83%) Control-M
5 3 (0.62%) Ansible
6 1 (0.21%) Puppet
Vendors
1 45 (9.32%) Bloomberg
2 26 (5.38%) ION Trading
3 19 (3.93%) Oracle
4 12 (2.48%) BISAM
4 12 (2.48%) Tradeweb
5 11 (2.28%) MarketAxess
6 8 (1.66%) Microsoft
7 7 (1.45%) Murex
8 5 (1.04%) Databricks
8 5 (1.04%) Dynatrace
8 5 (1.04%) IBM
9 3 (0.62%) Atlassian
9 3 (0.62%) Calypso
9 3 (0.62%) Refinitiv
10 2 (0.41%) CA Agile Central
10 2 (0.41%) Charles River
11 1 (0.21%) Confluent
11 1 (0.21%) Informatica
11 1 (0.21%) Red Hat
11 1 (0.21%) SimCorp