Derivative Contract Job Trends in the City of London

Derivatives
Central London > City of London

The table below looks at the prevalence of the term Derivative in contract job vacancies in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Derivative over the 6 months leading up to 16 September 2025, comparing them to the same period in the previous two years.

6 months to
16 Sep 2025
Same period 2024 Same period 2023
Rank 106 103 115
Rank change year-on-year -3 +12 -4
Contract jobs citing Derivative 16 24 40
As % of all contract jobs advertised in the City of London 0.91% 1.16% 1.31%
As % of the Miscellaneous category 2.42% 3.86% 4.01%
Number of daily rates quoted 13 16 29
10th Percentile £474 £469 £565
25th Percentile £555 £603 £625
Median daily rate (50th Percentile) £663 £725 £761
Median % change year-on-year -8.62% -4.67% +8.64%
75th Percentile £738 £775 £873
90th Percentile £973 £869 £895
Central London median daily rate £663 £750 £761
% change year-on-year -11.67% -1.38% +8.64%
Number of hourly rates quoted 1 0 0
10th Percentile - - -
25th Percentile £86.25 - -
Median hourly rate £87.50 - -
75th Percentile £88.75 - -
90th Percentile - - -
Central London median hourly rate £87.50 - -

All Generic Skills
City of London

Derivative falls under the General and Transferable Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring generic IT skills in the City of London.

Contract vacancies with a requirement for generic IT skills 662 622 997
As % of all contract IT jobs advertised in the City of London 37.64% 30.06% 32.76%
Number of daily rates quoted 455 382 654
10th Percentile £350 £363 £325
25th Percentile £453 £482 £480
Median daily rate (50th Percentile) £600 £594 £600
Median % change year-on-year +1.01% -1.00% -
75th Percentile £695 £723 £738
90th Percentile £808 £838 £838
Central London median daily rate £585 £589 £600
% change year-on-year -0.59% -1.92% +3.36%
Number of hourly rates quoted 9 5 9
10th Percentile £16.96 £18.40 £16.92
25th Percentile £19.79 £22.00 £17.00
Median hourly rate £27.50 £27.00 £35.00
Median % change year-on-year +1.85% -22.86% -28.57%
75th Percentile £65.57 - £42.32
90th Percentile £91.00 £66.30 £56.15
Central London median hourly rate £26.45 £25.79 £31.25
% change year-on-year +2.56% -17.47% -36.22%

Derivative
Job Vacancy Trend in the City of London

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

Job vacancy trend for Derivative in the City of London

Derivative
Daily Rate Trend in the City of London

Contractor daily rate distribution trend for jobs in the City of London citing Derivative.

Contractor daily rate distribution trend for jobs in the City of London citing Derivative

Derivative
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Derivative in the City of London over the 6 months to 16 September 2025.

Daily rate histogram for Derivative in the City of London

Derivative
Hourly Rate Trend in the City of London

Contractor hourly rate distribution trend for jobs in the City of London citing Derivative.

Contractor hourly rate distribution trend for jobs in the City of London citing Derivative

Derivative
Contract Job Locations in the City of 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 City of London region over the 6 months to 16 September 2025. 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 Bridge - 1 - -
Derivative
Central London

Derivative
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:

Application Platforms
1 2 (12.50%) Confluence
Applications
1 4 (25.00%) Microsoft Excel
2 1 (6.25%) Microsoft Office
2 1 (6.25%) Microsoft Project
Business Applications
1 2 (12.50%) Aladdin
2 1 (6.25%) Fidessa
2 1 (6.25%) Orchestrade
2 1 (6.25%) thinkFolio
Cloud Services
1 4 (25.00%) Azure
2 3 (18.75%) Power Platform
3 2 (12.50%) Azure DevOps
4 1 (6.25%) AWS
4 1 (6.25%) Azure Cosmos DB
4 1 (6.25%) Azure Logic Apps
4 1 (6.25%) Azure Service Bus
4 1 (6.25%) GCP
4 1 (6.25%) Serverless
Database & Business Intelligence
1 4 (25.00%) SQL Server
2 3 (18.75%) Power BI
2 3 (18.75%) Tableau
3 1 (6.25%) Redis
Development Applications
1 2 (12.50%) Git
1 2 (12.50%) JIRA
2 1 (6.25%) Gradle
2 1 (6.25%) Octopus Deploy
General
1 14 (87.50%) Finance
2 8 (50.00%) Banking
2 8 (50.00%) Front Office
3 7 (43.75%) Investment Banking
4 4 (25.00%) Social Skills
5 2 (12.50%) Analytical Skills
5 2 (12.50%) Back Office
5 2 (12.50%) Financial Institution
Job Titles
1 5 (31.25%) Analyst
2 4 (25.00%) Business Analyst
2 4 (25.00%) Developer
3 2 (12.50%) Banking Analyst
3 2 (12.50%) Credit Risk Business Analyst
3 2 (12.50%) Product Analyst
3 2 (12.50%) Project Manager
3 2 (12.50%) Risk Business Analyst
3 2 (12.50%) Senior
4 1 (6.25%) Business Intelligence Developer
4 1 (6.25%) Credit Risk Analyst
4 1 (6.25%) Data Engineer
4 1 (6.25%) Migration Manager
4 1 (6.25%) Migration Project Manager
4 1 (6.25%) Payments Analyst
4 1 (6.25%) Quantitative Specialist
4 1 (6.25%) Senior Delivery Manager
4 1 (6.25%) Senior Technical Business Analyst
4 1 (6.25%) Senior Transformation Manager
4 1 (6.25%) Transformation Manager
Libraries, Frameworks & Software Standards
1 2 (12.50%) .NET
2 1 (6.25%) .NET Core
2 1 (6.25%) .NET Framework
2 1 (6.25%) FIX Protocol
2 1 (6.25%) Middleware
2 1 (6.25%) RabbitMQ
2 1 (6.25%) REST
2 1 (6.25%) Spring
2 1 (6.25%) XML
2 1 (6.25%) XSD
Miscellaneous
1 4 (25.00%) Fixed Income
1 4 (25.00%) Foreign Exchange (FX)
2 3 (18.75%) Credit Risk
3 2 (12.50%) Distributed Systems
3 2 (12.50%) Interest Rate Derivative
3 2 (12.50%) Swaptions
4 1 (6.25%) Cloud Native
4 1 (6.25%) Equities
4 1 (6.25%) Equity Derivative
4 1 (6.25%) Exotic Derivative
4 1 (6.25%) Greenfield Project
4 1 (6.25%) Market Risk
4 1 (6.25%) Onboarding
4 1 (6.25%) PACS
4 1 (6.25%) Product Ownership
4 1 (6.25%) Reference Data
4 1 (6.25%) SWIFT Messaging Network
Operating Systems
1 2 (12.50%) Linux
1 2 (12.50%) Unix
Processes & Methodologies
1 6 (37.50%) Agile
2 5 (31.25%) DevOps
3 3 (18.75%) Business Intelligence
3 3 (18.75%) CI/CD
3 3 (18.75%) Greeks
3 3 (18.75%) Risk Management
3 3 (18.75%) SDLC
4 2 (12.50%) Asset Management
4 2 (12.50%) Batch Processing
4 2 (12.50%) Microservices
4 2 (12.50%) Multithreading
4 2 (12.50%) Performance Optimisation
4 2 (12.50%) Project Management
4 2 (12.50%) Requirements Gathering
4 2 (12.50%) Scrum
4 2 (12.50%) Software Engineering
5 1 (6.25%) Credit Risk Management
5 1 (6.25%) Multithreaded Programming
5 1 (6.25%) PnL Attribution
5 1 (6.25%) Regulatory Compliance
Programming Languages
1 5 (31.25%) SQL
2 4 (25.00%) Python
3 3 (18.75%) C#
4 2 (12.50%) VBA
5 1 (6.25%) C++
5 1 (6.25%) Java
5 1 (6.25%) Scala
Qualifications
1 3 (18.75%) Degree
2 1 (6.25%) Computer Science Degree
2 1 (6.25%) Master's Degree
2 1 (6.25%) PhD
Quality Assurance & Compliance
1 2 (12.50%) MiFID
2 1 (6.25%) Dodd-Frank
2 1 (6.25%) EMIR
2 1 (6.25%) ISO 20022
2 1 (6.25%) PMO
2 1 (6.25%) SEPA
Vendors
1 4 (25.00%) Microsoft
2 1 (6.25%) ION Trading
2 1 (6.25%) Portware