OTC Derivatives Contracts in London

Over-the-Counter (OTC) Derivatives
England > London

The table below looks at the prevalence of the term OTC Derivatives in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited OTC Derivatives over the 6 months to 28 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
28 Apr 2024
Same period 2023 Same period 2022
Rank 386 466 555
Rank change year-on-year +80 +89 -114
Contract jobs citing OTC Derivatives 8 35 49
As % of all contract jobs advertised in London 0.045% 0.13% 0.13%
As % of the Miscellaneous category 0.14% 0.36% 0.35%
Number of daily rates quoted 7 28 47
10th Percentile £632 - £575
25th Percentile - £550 £600
Median daily rate (50th Percentile) £650 £600 £675
Median % change year-on-year +8.33% -11.11% +3.85%
75th Percentile - £700 £743
90th Percentile £680 £842 £760
England median daily rate £650 £600 £675
% change year-on-year +8.33% -11.11% +3.85%

All Generic Skills
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 London with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 5,855 9,701 14,200
As % of all contract IT jobs advertised in London 33.05% 35.88% 36.50%
Number of daily rates quoted 4,140 6,966 10,347
10th Percentile £300 £375 £400
25th Percentile £450 £500 £500
Median daily rate (50th Percentile) £578 £600 £600
Median % change year-on-year -3.75% - +10.09%
75th Percentile £725 £750 £700
90th Percentile £850 £838 £800
England median daily rate £550 £575 £550
% change year-on-year -4.35% +4.55% +10.00%
Number of hourly rates quoted 161 109 197
10th Percentile £15.50 £18.93 £18.50
25th Percentile £18.93 £21.24 £23.91
Median hourly rate £26.00 £35.00 £44.50
Median % change year-on-year -25.71% -21.35% +36.92%
75th Percentile £46.86 £64.50 £54.38
90th Percentile £67.00 £83.15 £71.51
England median hourly rate £30.00 £22.50 £26.98
% change year-on-year +33.33% -16.60% +2.08%

OTC Derivatives
Job Vacancy Trend in London

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

Job vacancy trend for OTC Derivatives in London

OTC Derivatives
Contractor Daily Rate Trend in London

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

Daily rate trend for OTC Derivatives in London

OTC Derivatives
Contractor Hourly Rate Trend in London

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

Hourly rate trend for OTC Derivatives in London

OTC Derivatives
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 OTC Derivatives within the London region over the 6 months to 28 April 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
Central London +34 1 £608 -8.30%
OTC Derivatives
England

OTC Derivatives
Co-occurring Skills and Capabilities in 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:

Database & Business Intelligence
1 5 (62.50%) Relational Database
General
1 7 (87.50%) Banking
1 7 (87.50%) Investment Banking
2 5 (62.50%) Front Office
3 3 (37.50%) Finance
4 2 (25.00%) Social Skills
5 1 (12.50%) Analytical Skills
5 1 (12.50%) Financial Institution
Job Titles
1 6 (75.00%) Analyst
2 5 (62.50%) Applications Support
2 5 (62.50%) Applications Support Analyst
2 5 (62.50%) SQL Analyst
2 5 (62.50%) SQL Support Analyst
2 5 (62.50%) Support Analyst
3 1 (12.50%) Business Analyst
3 1 (12.50%) Developer
3 1 (12.50%) Java Developer
3 1 (12.50%) OTC Derivatives Developer
3 1 (12.50%) Product Manager
3 1 (12.50%) Regulatory Business Analyst
Libraries, Frameworks & Software Standards
1 1 (12.50%) FpML
1 1 (12.50%) XML
Miscellaneous
1 8 (100.00%) Derivative
2 1 (12.50%) DTCC
Operating Systems
1 5 (62.50%) Linux
1 5 (62.50%) Windows
Processes & Methodologies
1 6 (75.00%) Risk Management
2 5 (62.50%) Data Management
2 5 (62.50%) DevOps
2 5 (62.50%) Incident Management
2 5 (62.50%) Proactive Monitoring
2 5 (62.50%) Release Management
2 5 (62.50%) Root Cause Analysis
3 1 (12.50%) Code Quality
3 1 (12.50%) Collaborative Culture
3 1 (12.50%) Computer Science
3 1 (12.50%) Cross-Platform Development
3 1 (12.50%) Problem-Solving
Programming Languages
1 6 (75.00%) SQL
2 5 (62.50%) PowerShell
2 5 (62.50%) Python
3 1 (12.50%) C#
3 1 (12.50%) Java
Qualifications
1 1 (12.50%) Computer Science Degree
1 1 (12.50%) Degree
Quality Assurance & Compliance
1 1 (12.50%) Dodd-Frank
1 1 (12.50%) EMIR
1 1 (12.50%) QA
Systems Management
1 5 (62.50%) Grafana
1 5 (62.50%) ITRS Geneos
Vendors
1 5 (62.50%) Dynatrace
1 5 (62.50%) IBM