Derivative Contracts in Central London

Derivatives
London > Central London

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

6 months to
6 May 2024
Same period 2023 Same period 2022
Rank 108 83 132
Rank change year-on-year -25 +49 -47
Contract jobs citing Derivative 23 100 69
As % of all contract jobs advertised in Central London 0.94% 2.61% 1.52%
As % of the Miscellaneous category 3.05% 7.24% 4.28%
Number of daily rates quoted 15 77 46
10th Percentile £468 £620 £513
25th Percentile £627 £656 £574
Median daily rate (50th Percentile) £680 £750 £700
Median % change year-on-year -9.33% +7.14% +14.29%
75th Percentile £838 £838 £750
90th Percentile £878 £1,063 £831
London median daily rate £750 £740 £675
% change year-on-year +1.35% +9.63% +12.50%

All Generic Skills
Central London

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 Central London with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 753 1,382 1,611
As % of all contract IT jobs advertised in Central London 30.92% 36.06% 35.46%
Number of daily rates quoted 529 950 1,191
10th Percentile £265 £318 £400
25th Percentile £425 £475 £495
Median daily rate (50th Percentile) £575 £613 £575
Median % change year-on-year -6.12% +6.52% +4.55%
75th Percentile £700 £750 £700
90th Percentile £850 £850 £800
London median daily rate £583 £600 £600
% change year-on-year -2.92% - +9.09%
Number of hourly rates quoted 10 17 24
10th Percentile £12.75 £18.78 £18.50
25th Percentile £16.73 £25.00 £37.00
Median hourly rate £23.00 £35.00 £46.50
Median % change year-on-year -34.29% -24.73% +158.69%
75th Percentile £26.25 £83.75 £61.75
90th Percentile £29.78 £88.30 £64.78
London median hourly rate £26.00 £35.00 £43.78
% change year-on-year -25.71% -20.05% +34.69%

Derivative
Job Vacancy Trend in Central London

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

Job vacancy trend for Derivative in Central London

Derivative
Contractor Daily Rate Trend in Central London

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

Daily rate trend for Derivative in Central London

Derivative
Daily Rate Histogram in Central London

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

Daily rate histogram for Derivative in Central London

Derivative
Contractor Hourly Rate Trend in Central London

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

Hourly rate trend for Derivative in Central London

Derivative
Contract Job Locations in Central 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 Central London region over the 6 months to 6 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
City of London -27 21 £680 -9.33% 7
City of Westminster - 1 £1,000 -
Derivative
London

Derivative
Co-occurring Skills and Capabilities in Central 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:

Applications
1 4 (17.39%) Microsoft Excel
1 4 (17.39%) Microsoft PowerPoint
1 4 (17.39%) Microsoft Project
1 4 (17.39%) MS Visio
Business Applications
1 1 (4.35%) ION MarketView
Cloud Services
1 4 (17.39%) AWS
1 4 (17.39%) Azure
1 4 (17.39%) Collibra
2 2 (8.70%) Azure DevOps
2 2 (8.70%) GitHub
Communications & Networking
1 1 (4.35%) FIX Connectivity
1 1 (4.35%) Multicast
Database & Business Intelligence
1 4 (17.39%) Metadata
1 4 (17.39%) NoSQL
2 2 (8.70%) Data Mart
Development Applications
1 1 (4.35%) Octopus Deploy
1 1 (4.35%) Selenium
1 1 (4.35%) TeamCity
General
1 16 (69.57%) Finance
2 9 (39.13%) Banking
3 4 (17.39%) Presentation Skills
4 3 (13.04%) Front Office
4 3 (13.04%) Investment Banking
5 2 (8.70%) International Banking
5 2 (8.70%) Social Skills
6 1 (4.35%) Analytical Skills
6 1 (4.35%) Back Office
6 1 (4.35%) Financial Institution
Job Titles
1 10 (43.48%) Analyst
1 10 (43.48%) Developer
2 5 (21.74%) Quantitative Developer
3 4 (17.39%) Business Analyst
3 4 (17.39%) Data Analyst
3 4 (17.39%) Governance Analyst
3 4 (17.39%) Operations Analyst
3 4 (17.39%) Senior
4 3 (13.04%) Senior Developer
5 2 (8.70%) C++ Developer
5 2 (8.70%) Java Developer
5 2 (8.70%) Market Analyst
5 2 (8.70%) Project Manager
5 2 (8.70%) Python Developer
5 2 (8.70%) Qualitative Analyst
5 2 (8.70%) Quantitative Analyst
5 2 (8.70%) Senior Quantitative Developer
5 2 (8.70%) Software Developer
6 1 (4.35%) C++ Quantitative Developer
6 1 (4.35%) Middle Office Analyst
Libraries, Frameworks & Software Standards
1 5 (21.74%) NumPy
1 5 (21.74%) Pandas
2 4 (17.39%) FIX Protocol
3 3 (13.04%) SciPy
4 2 (8.70%) Matplotlib
5 1 (4.35%) .NET
5 1 (4.35%) Spring
5 1 (4.35%) Spring Boot
Miscellaneous
1 6 (26.09%) Equities
1 6 (26.09%) Foreign Exchange (FX)
2 2 (8.70%) Algorithms
2 2 (8.70%) Fixed Income
2 2 (8.70%) Interest Rate Derivative
2 2 (8.70%) Product Ownership
3 1 (4.35%) Credit Derivative
3 1 (4.35%) Equity Derivative
3 1 (4.35%) Greenfield Project
3 1 (4.35%) Hedge funds
3 1 (4.35%) OTC Derivatives
3 1 (4.35%) Spread Betting
Operating Systems
1 1 (4.35%) Linux
1 1 (4.35%) Red Hat Enterprise Linux
Processes & Methodologies
1 6 (26.09%) Stakeholder Management
2 5 (21.74%) CI/CD
2 5 (21.74%) Data Management
3 4 (17.39%) Data Governance
3 4 (17.39%) Data Governance Strategy
3 4 (17.39%) Data Modelling
3 4 (17.39%) Data Pipeline
3 4 (17.39%) DevOps
3 4 (17.39%) Mathematics
3 4 (17.39%) Performance Optimisation
3 4 (17.39%) Release Management
3 4 (17.39%) Stakeholder Engagement
4 3 (13.04%) Agile
4 3 (13.04%) Analytics
4 3 (13.04%) Quantitative Research
4 3 (13.04%) Risk Management
4 3 (13.04%) Software Engineering
4 3 (13.04%) Test Automation
5 2 (8.70%) Acceptance Criteria
5 2 (8.70%) Probabilistic Modelling
Programming Languages
1 7 (30.43%) C++
2 6 (26.09%) Java
2 6 (26.09%) Python
3 4 (17.39%) SQL
4 3 (13.04%) C#
4 3 (13.04%) Rust
Qualifications
1 2 (8.70%) Degree
1 2 (8.70%) Master's Degree
Quality Assurance & Compliance
1 4 (17.39%) Data Quality
2 1 (4.35%) QA
System Software
1 1 (4.35%) Docker
Systems Management
1 1 (4.35%) Kubernetes
Vendors
1 4 (17.39%) Microsoft
2 2 (8.70%) Murex
3 1 (4.35%) Bloomberg
3 1 (4.35%) ION Trading
3 1 (4.35%) MarketAxess
3 1 (4.35%) Red Hat
3 1 (4.35%) Tradeweb