OTC Derivatives Contracts in England

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

The table below looks at the prevalence of the term OTC Derivatives in contract job vacancies advertised in England. 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 530 620 735
Rank change year-on-year +90 +115 -122
Contract jobs citing OTC Derivatives 8 35 49
As % of all contract jobs advertised in England 0.022% 0.069% 0.069%
As % of the Miscellaneous category 0.070% 0.21% 0.20%
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
UK median daily rate £650 £600 £675
% change year-on-year +8.33% -11.11% +3.85%

All Generic Skills
England

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 England with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 11,373 16,983 24,061
As % of all contract IT jobs advertised in England 30.76% 33.65% 33.85%
Number of daily rates quoted 7,428 11,801 17,096
10th Percentile £263 £313 £313
25th Percentile £413 £450 £438
Median daily rate (50th Percentile) £550 £575 £550
Median % change year-on-year -4.35% +4.55% +10.00%
75th Percentile £675 £695 £675
90th Percentile £800 £800 £775
UK median daily rate £538 £550 £550
% change year-on-year -2.27% - +10.00%
Number of hourly rates quoted 820 591 641
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.16 £10.63 £16.50
Median hourly rate £30.00 £22.50 £26.98
Median % change year-on-year +33.33% -16.60% +2.08%
75th Percentile £61.30 £65.00 £49.25
90th Percentile £70.00 £75.00 £65.77
UK median hourly rate £29.00 £22.49 £27.50
% change year-on-year +28.97% -18.24% +3.19%

OTC Derivatives
Job Vacancy Trend in England

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

Job vacancy trend for OTC Derivatives in England

OTC Derivatives
Contractor Daily Rate Trend in England

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

Daily rate trend for OTC Derivatives in England

OTC Derivatives
Contractor Hourly Rate Trend in England

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

Hourly rate trend for OTC Derivatives in England

OTC Derivatives
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 OTC Derivatives within the England 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
London +80 8 £650 +8.33% 5
OTC Derivatives
UK

OTC Derivatives
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:

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