Derivative Contracts in London

Derivatives
England > London

The table below looks at the prevalence of the term Derivative in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Derivative over the 6 months to 27 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
27 Apr 2024
Same period 2023 Same period 2022
Rank 92 116 153
Rank change year-on-year +24 +37 -19
Contract jobs citing Derivative 444 618 751
As % of all contract jobs advertised in London 2.51% 2.28% 1.93%
As % of the Miscellaneous category 7.59% 6.36% 5.28%
Number of daily rates quoted 400 538 639
10th Percentile £551 £550 £531
25th Percentile £647 £625 £550
Median daily rate (50th Percentile) £750 £750 £675
Median % change year-on-year - +11.11% +12.50%
75th Percentile £850 £838 £763
90th Percentile £888 £975 £888
England median daily rate £745 £750 £675
% change year-on-year -0.67% +11.11% +12.50%

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

Contract vacancies with a requirement for generic IT skills 5,852 9,722 14,221
As % of all contract IT jobs advertised in London 33.04% 35.90% 36.53%
Number of daily rates quoted 4,137 6,983 10,364
10th Percentile £300 £375 £400
25th Percentile £450 £500 £500
Median daily rate (50th Percentile) £575 £600 £600
Median % change year-on-year -4.17% - +10.34%
75th Percentile £725 £745 £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 161 113 196
10th Percentile £15.50 £18.93 £18.50
25th Percentile £18.93 £21.24 £23.91
Median hourly rate £26.00 £35.00 £44.15
Median % change year-on-year -25.71% -20.72% +35.85%
75th Percentile £46.86 £64.50 £53.16
90th Percentile £67.00 £83.60 £71.55
England median hourly rate £30.00 £22.50 £26.98
% change year-on-year +33.33% -16.60% +1.24%

Derivative
Job Vacancy Trend in London

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

Job vacancy trend for Derivative in London

Derivative
Contractor Daily Rate Trend in London

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

Daily rate trend for Derivative in London

Derivative
Daily Rate Histogram in London

Daily rate distribution for jobs citing Derivative in London over the 6 months to 27 April 2024.

Daily rate histogram for Derivative in London

Derivative
Contractor Hourly Rate Trend in London

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

Hourly rate trend for Derivative in London

Derivative
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 Derivative within the London region over the 6 months to 27 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 -33 22 £680 -9.33% 7
South London +12 1 £800 +23.08%
East London - 1 £850 - 3
Derivative
England

Derivative
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:

Application Platforms
1 75 (16.89%) Apache Airflow
2 67 (15.09%) Apache
3 13 (2.93%) Confluence
4 5 (1.13%) SAS
5 3 (0.68%) Microsoft Exchange
6 2 (0.45%) Apache Spark
7 1 (0.23%) WebSphere
Applications
1 36 (8.11%) Microsoft Excel
2 21 (4.73%) Microsoft PowerPoint
3 15 (3.38%) MS Visio
4 8 (1.80%) Microsoft Project
5 5 (1.13%) Microsoft Office
6 2 (0.45%) Mingle
Business Applications
1 15 (3.38%) Aladdin
2 8 (1.80%) ION MarketView
3 6 (1.35%) Loan IQ
4 3 (0.68%) IntelliMatch
4 3 (0.68%) ION Anvil
5 2 (0.45%) Endur
5 2 (0.45%) Fidessa
6 1 (0.23%) Markit EDM
6 1 (0.23%) Oracle FAH
6 1 (0.23%) Oracle General Ledger
6 1 (0.23%) thinkFolio
Cloud Services
1 165 (37.16%) AWS
2 90 (20.27%) Azure
2 90 (20.27%) GCP
3 68 (15.32%) dbt
4 58 (13.06%) Snowflake
5 17 (3.83%) Azure DevOps
6 11 (2.48%) GitHub
7 5 (1.13%) Amazon S3
7 5 (1.13%) npm
7 5 (1.13%) Yarn
8 4 (0.90%) Amazon EC2
8 4 (0.90%) Collibra
9 3 (0.68%) Azure Service Bus
10 2 (0.45%) Azure App Service
10 2 (0.45%) Azure Cosmos DB
11 1 (0.23%) Amazon Neptune
11 1 (0.23%) OCI
11 1 (0.23%) OpenShift
11 1 (0.23%) Power Platform
11 1 (0.23%) SaaS
Communications & Networking
1 15 (3.38%) FIX Connectivity
2 1 (0.23%) Wireshark
Database & Business Intelligence
1 68 (15.32%) Amazon Athena
1 68 (15.32%) Apache Arrow
1 68 (15.32%) Dremio
2 65 (14.64%) Apache Ignite
3 59 (13.29%) Data Lake
4 22 (4.95%) Relational Database
4 22 (4.95%) SQL Server
5 14 (3.15%) NoSQL
6 6 (1.35%) Data Mart
6 6 (1.35%) KDB
6 6 (1.35%) Oracle Database
6 6 (1.35%) PostgreSQL
7 4 (0.90%) Metadata
7 4 (0.90%) Oracle Reports
8 3 (0.68%) Hadoop
8 3 (0.68%) MySQL
9 2 (0.45%) Redis
9 2 (0.45%) Tableau
10 1 (0.23%) Amazon Redshift
10 1 (0.23%) Apache Cassandra
Development Applications
1 21 (4.73%) JIRA
2 18 (4.05%) TeamCity
3 9 (2.03%) Visual Studio
4 8 (1.80%) Jenkins
4 8 (1.80%) SpecFlow
5 6 (1.35%) JUnit
5 6 (1.35%) Octopus Deploy
6 5 (1.13%) Git
6 5 (1.13%) MLflow
6 5 (1.13%) Mockito
6 5 (1.13%) webpack
7 4 (0.90%) Moq
8 3 (0.68%) Cucumber
9 2 (0.45%) Babel
9 2 (0.45%) Bitbucket
9 2 (0.45%) FitNesse
9 2 (0.45%) GitLab
9 2 (0.45%) Team Foundation Server
10 1 (0.23%) IntelliJ
10 1 (0.23%) Selenium
General
1 361 (81.31%) Finance
2 280 (63.06%) Front Office
3 237 (53.38%) Banking
4 153 (34.46%) Investment Banking
5 50 (11.26%) Social Skills
6 46 (10.36%) Back Office
7 43 (9.68%) Analytical Skills
8 14 (3.15%) Financial Institution
9 8 (1.80%) Presentation Skills
10 6 (1.35%) Prime Brokerage
10 6 (1.35%) Synthetic Prime Brokerage
11 5 (1.13%) Public Sector
12 4 (0.90%) Corporate Banking
13 3 (0.68%) Agriculture
14 2 (0.45%) General Ledger
14 2 (0.45%) International Banking
15 1 (0.23%) Influencing Skills
15 1 (0.23%) Legal
15 1 (0.23%) Marketing
15 1 (0.23%) Retail
Job Titles
1 200 (45.05%) Developer
2 96 (21.62%) Analyst
3 78 (17.57%) Software Engineer
4 75 (16.89%) Senior
5 59 (13.29%) Business Analyst
6 58 (13.06%) Finance Manager
7 53 (11.94%) Developer/Software Engineer
8 50 (11.26%) Financial Analyst
9 45 (10.14%) Java Developer
9 45 (10.14%) Lead
10 44 (9.91%) Python Developer
11 36 (8.11%) Quantitative Developer
12 31 (6.98%) Front Office Developer
13 28 (6.31%) .NET Developer
13 28 (6.31%) C# Developer
13 28 (6.31%) Python Engineer
13 28 (6.31%) Senior Developer
14 27 (6.08%) .NET Software Engineer
14 27 (6.08%) Python Software Engineer
14 27 (6.08%) Senior Software Engineer
Libraries, Frameworks & Software Standards
1 89 (20.05%) Pandas
2 82 (18.47%) NumPy
3 78 (17.57%) gRPC
4 76 (17.12%) SciPy
5 74 (16.67%) Protocol Buffers
6 53 (11.94%) React
7 50 (11.26%) .NET
8 37 (8.33%) FIX Protocol
9 31 (6.98%) Redux
10 24 (5.41%) AngularJS
11 18 (4.05%) Vue
12 16 (3.60%) XML
13 15 (3.38%) .NET Core
14 14 (3.15%) ASP.NET
14 14 (3.15%) ASP.NET Core
15 12 (2.70%) Spring
16 11 (2.48%) CSS
17 10 (2.25%) HTML
18 8 (1.80%) .NET Framework
18 8 (1.80%) Spring Boot
Miscellaneous
1 205 (46.17%) Fixed Income
2 193 (43.47%) Hedge funds
3 188 (42.34%) Equities
4 161 (36.26%) Foreign Exchange (FX)
5 46 (10.36%) Equity Derivative
6 36 (8.11%) Product Ownership
7 27 (6.08%) Algorithms
8 18 (4.05%) Credit Derivative
9 13 (2.93%) Distributed Systems
10 12 (2.70%) Data Structures
11 9 (2.03%) Interest Rate Derivative
12 8 (1.80%) Data Protection Act
12 8 (1.80%) OTC Derivatives
13 7 (1.58%) Market Risk
14 5 (1.13%) Enterprise Software
14 5 (1.13%) Management Information System
14 5 (1.13%) Onboarding
15 4 (0.90%) Distributed Computing
15 4 (0.90%) Public Cloud
15 4 (0.90%) SWIFT Messaging Network
Operating Systems
1 30 (6.76%) Linux
2 21 (4.73%) Unix
3 6 (1.35%) Windows
4 4 (0.90%) Apple iOS
Processes & Methodologies
1 202 (45.50%) Agile
2 189 (42.57%) Asset Management
3 172 (38.74%) Investment Management
4 139 (31.31%) Software Engineering
5 61 (13.74%) DevOps
6 55 (12.39%) TDD
7 49 (11.04%) Analytics
7 49 (11.04%) Mathematics
8 46 (10.36%) Mentoring
9 43 (9.68%) Computer Science
10 40 (9.01%) Electronic Trading
11 39 (8.78%) Fintech
11 39 (8.78%) Risk Management
12 35 (7.88%) CI/CD
13 34 (7.66%) Greeks
14 32 (7.21%) Full Stack Development
14 32 (7.21%) Line Management
15 31 (6.98%) Problem-Solving
16 30 (6.76%) Test Automation
17 28 (6.31%) Low Latency
Programming Languages
1 227 (51.13%) Python
2 143 (32.21%) SQL
3 136 (30.63%) Java
4 118 (26.58%) C#
5 116 (26.13%) JavaScript
6 106 (23.87%) TypeScript
7 60 (13.51%) C++
8 23 (5.18%) R
9 13 (2.93%) Scala
10 12 (2.70%) Rust
11 6 (1.35%) Ruby
12 5 (1.13%) PowerShell
12 5 (1.13%) VBA
13 2 (0.45%) Bicep
13 2 (0.45%) Haskell
13 2 (0.45%) Perl
14 1 (0.23%) C
14 1 (0.23%) PL/SQL
14 1 (0.23%) Shell Script
14 1 (0.23%) XPath
Qualifications
1 63 (14.19%) Degree
2 23 (5.18%) Numerate Degree
3 21 (4.73%) Computer Science Degree
4 18 (4.05%) Master's Degree
5 4 (0.90%) APMP
6 3 (0.68%) PhD
7 2 (0.45%) CISA
7 2 (0.45%) CISM
7 2 (0.45%) CISSP
Quality Assurance & Compliance
1 48 (10.81%) QA
2 32 (7.21%) Data Quality
3 14 (3.15%) MiFID
4 11 (2.48%) EMIR
5 9 (2.03%) Dodd-Frank
6 6 (1.35%) PMO
7 3 (0.68%) SEPA
8 2 (0.45%) GAAP
8 2 (0.45%) IFRS
9 1 (0.23%) Basel III
9 1 (0.23%) COREP
9 1 (0.23%) IFRS 17
9 1 (0.23%) IFRS 9
System Software
1 8 (1.80%) Docker
Systems Management
1 17 (3.83%) ITRS Geneos
2 8 (1.80%) Kubernetes
3 5 (1.13%) Grafana
4 3 (0.68%) Ansible
5 1 (0.23%) Control-M
5 1 (0.23%) Puppet
Vendors
1 44 (9.91%) Bloomberg
2 22 (4.95%) ION Trading
3 20 (4.50%) Oracle
4 12 (2.70%) MarketAxess
4 12 (2.70%) Tradeweb
5 11 (2.48%) BISAM
5 11 (2.48%) Microsoft
6 9 (2.03%) IBM
7 7 (1.58%) Murex
8 5 (1.13%) Databricks
8 5 (1.13%) Dynatrace
9 3 (0.68%) Atlassian
9 3 (0.68%) Refinitiv
10 2 (0.45%) CA Agile Central
10 2 (0.45%) Calypso
10 2 (0.45%) Charles River
10 2 (0.45%) Informatica
11 1 (0.23%) Confluent
11 1 (0.23%) SimCorp