Derivative Contract Job Trends

Derivatives
UK

The table below looks at the prevalence of the term Derivative in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Derivative over the 6 months leading up to 3 October 2026, comparing them to the same period in the previous two years.

6 months to
3 Oct 2026
Same period 2025 Same period 2024
Rank 445 300 216
Rank change year-on-year -145 -84 -5
Contract jobs citing Derivative 268 275 443
As % of all contract jobs in the UK 0.49% 0.83% 1.16%
As % of the Miscellaneous category 1.42% 2.31% 3.81%
Number of daily rates quoted 157 221 369
10th Percentile £420 £520 £600
25th Percentile £569 £613 £669
Median daily rate (50th Percentile) £710 £750 £800
Median % change year-on-year -5.33% -6.25% +14.29%
75th Percentile £788 £825 £888
90th Percentile £880 £988 -
UK excluding London median daily rate £473 £550 £650
% change year-on-year -14.09% -15.38% +10.64%
Number of hourly rates quoted 2 1 0
10th Percentile £59.13 - -
25th Percentile £63.44 £86.25 -
Median hourly rate £71.25 £87.50 -
Median % change year-on-year -18.57% - -
75th Percentile £78.44 £88.75 -
90th Percentile £82.38 - -
UK excluding London median hourly rate - - -

All Generic Skills
UK

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.

Contract vacancies with a requirement for generic IT skills 18,903 11,915 11,631
As % of all contract IT jobs advertised in the UK 34.46% 35.95% 30.58%
Number of daily rates quoted 11,285 7,301 6,991
10th Percentile £320 £300 £275
25th Percentile £425 £408 £413
Median daily rate (50th Percentile) £525 £520 £531
Median % change year-on-year +0.96% -1.98% -3.55%
75th Percentile £638 £638 £670
90th Percentile £750 £750 £800
UK excluding London median daily rate £500 £475 £500
% change year-on-year +5.26% -5.00% -
Number of hourly rates quoted 1,292 611 426
10th Percentile £14.04 £14.78 £15.42
25th Percentile £17.85 £18.82 £22.50
Median hourly rate £37.50 £28.00 £49.75
Median % change year-on-year +33.93% -43.72% +10.56%
75th Percentile £67.50 £52.25 £70.00
90th Percentile £82.35 £72.50 £75.16
UK excluding London median hourly rate £37.50 £29.00 £57.35
% change year-on-year +29.31% -49.43% +13.09%

Derivative
Job Vacancy Trend

Historical trend showing the proportion of contract IT job postings citing Derivative relative to all contract IT jobs advertised.

Derivative job vacancy trend in the UK

Derivative
Daily Rate Trend

Contractor daily rate distribution trend for jobs in the UK citing Derivative.

Contractor daily rate distribution trend for jobs in the UK citing Derivative

Derivative
Daily Rate Histogram

Daily rate distribution for jobs citing Derivative over the 6 months to 3 October 2026.

Daily rate histogram for Derivative in the UK

Derivative
Hourly Rate Trend

Contractor hourly rate distribution trend for jobs in the UK citing Derivative.

Contractor hourly rate distribution trend for jobs in the UK citing Derivative

Derivative
Hourly Rate Histogram

Hourly rate distribution of jobs citing Derivative over the 6 months to 3 October 2026.

Hourly rate histogram for Derivative in the UK

Derivative
Top 11 Contract Job Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Derivative within the UK over the 6 months to 3 October 2026. 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
England -138 239 £725 -3.33% 459
London -83 231 £710 -5.33% 435
Work from Home -121 68 £753 +0.33% 116
UK excluding London -110 29 £473 -14.09% 75
Scotland -14 19 £402 -23.43% 24
North of England -73 6 £725 +18.46% 5
Yorkshire -34 5 £725 -
Northern Ireland +2 3 £510 -2.86% 16
Midlands -49 1 - - 1
North West -52 1 £198 -67.65% 5
West Midlands - 1 - -

Derivative
Co-Occurring Skills & Capabilities by Category

The following tables expand on the one above by listing co-occurrences grouped by category. They cover the same employment type, locality and period, with up to 20 co-occurrences shown in each category:

Application Platforms
1 6 (2.24%) Confluence
2 2 (0.75%) Apache
2 2 (0.75%) Apache Airflow
3 1 (0.37%) Apache Spark
3 1 (0.37%) CMS
Applications
1 5 (1.87%) MS Visio
2 2 (0.75%) Microsoft Excel
2 2 (0.75%) Microsoft Project
3 1 (0.37%) LaTeX
3 1 (0.37%) Microsoft Office
Business Applications
1 10 (3.73%) Aladdin
2 3 (1.12%) Orchestrade
3 2 (0.75%) Oracle FAH
3 2 (0.75%) Oracle Financials
3 2 (0.75%) Oracle General Ledger
3 2 (0.75%) Oracle Payables
3 2 (0.75%) Oracle Receivables
4 1 (0.37%) Actimize
4 1 (0.37%) Bloomberg TOMS
4 1 (0.37%) Markit EDM
4 1 (0.37%) MultiFonds
4 1 (0.37%) SimCorp Dimension
4 1 (0.37%) Summit
Cloud Services
1 24 (8.96%) Azure
2 18 (6.72%) AWS
3 16 (5.97%) GCP
4 9 (3.36%) ChatGPT
5 7 (2.61%) Anthropic Claude
5 7 (2.61%) GitHub
6 6 (2.24%) GitHub Copilot
7 5 (1.87%) Azure DevOps
7 5 (1.87%) Snowflake
8 4 (1.49%) Power Platform
9 3 (1.12%) Amazon S3
9 3 (1.12%) AWS Lambda
9 3 (1.12%) Google Kubernetes Engine
9 3 (1.12%) Microsoft Copilot
9 3 (1.12%) Serverless
10 1 (0.37%) Amazon ECS
10 1 (0.37%) SaaS
Communications & Networking
1 11 (4.10%) FIX Connectivity
2 8 (2.99%) HTTP
3 2 (0.75%) Multicast
4 1 (0.37%) TCP/IP
Database & Business Intelligence
1 18 (6.72%) Relational Database
2 16 (5.97%) MongoDB
3 15 (5.60%) SQL Server
4 14 (5.22%) Metadata
5 9 (3.36%) Db2
6 8 (2.99%) PostgreSQL
6 8 (2.99%) Redis
7 7 (2.61%) Data Warehouse
8 6 (2.24%) Data Lake
9 5 (1.87%) RDBMS
10 4 (1.49%) KDB
10 4 (1.49%) NoSQL
10 4 (1.49%) Power BI
11 3 (1.12%) Amazon RDS
11 3 (1.12%) Kdb+
12 2 (0.75%) Snowflake Schema
12 2 (0.75%) Tableau
13 1 (0.37%) Data Mining
13 1 (0.37%) PowerCenter
13 1 (0.37%) SQLPlus
Development Applications
1 21 (7.84%) JIRA
2 9 (3.36%) Git
3 6 (2.24%) Octopus Deploy
4 5 (1.87%) ER Studio
4 5 (1.87%) ERwin
4 5 (1.87%) PowerDesigner
4 5 (1.87%) TeamCity
5 4 (1.49%) Jenkins
6 3 (1.12%) VTune
7 1 (0.37%) Cypress.io
7 1 (0.37%) GitLab
7 1 (0.37%) GoogleTest
7 1 (0.37%) Gradle
7 1 (0.37%) Maven
7 1 (0.37%) Visual Studio
General
1 196 (73.13%) Finance
2 154 (57.46%) Banking
3 135 (50.37%) Front Office
4 102 (38.06%) Investment Banking
5 77 (28.73%) Social Skills
6 40 (14.93%) Analytical Skills
7 20 (7.46%) Financial Institution
8 12 (4.48%) Private Banking
9 10 (3.73%) Back Office
10 8 (2.99%) Legal
11 5 (1.87%) Organisational Skills
12 4 (1.49%) Documentation Skills
13 3 (1.12%) General Ledger
13 3 (1.12%) Public Sector
14 2 (0.75%) Corporate Banking
14 2 (0.75%) Influencing Skills
15 1 (0.37%) Agriculture
15 1 (0.37%) Inclusion and Diversity
15 1 (0.37%) Legal Technology
15 1 (0.37%) Presentation Skills
Job Titles
1 119 (44.40%) Developer
2 63 (23.51%) Analyst
3 55 (20.52%) Business Analyst
4 46 (17.16%) Senior
5 34 (12.69%) Python Developer
6 30 (11.19%) Front Office Developer
7 27 (10.07%) C# Developer
8 24 (8.96%) Java Developer
9 19 (7.09%) Quantitative Developer
10 14 (5.22%) Project Manager
11 13 (4.85%) Senior Developer
12 12 (4.48%) Electronic Trading Developer
13 11 (4.10%) Algorithmic Trading Developer
13 11 (4.10%) Data Engineer
13 11 (4.10%) Electronic Trading Java Developer
13 11 (4.10%) Java Developer - Algorithmic Trading
13 11 (4.10%) Low Latency Java Developer
13 11 (4.10%) Pricing Developer
13 11 (4.10%) Software Engineer
14 10 (3.73%) Python Engineer
Libraries, Frameworks & Software Standards
1 27 (10.07%) FIX Protocol
2 17 (6.34%) React
3 13 (4.85%) WebSockets
4 11 (4.10%) .NET
4 11 (4.10%) NumPy
5 10 (3.73%) Django
5 10 (3.73%) FastAPI
5 10 (3.73%) Pandas
5 10 (3.73%) REST
6 9 (3.36%) Spring
7 8 (2.99%) Kafka
7 8 (2.99%) PySpark
8 7 (2.61%) AngularJS
8 7 (2.61%) Flask
8 7 (2.61%) RxJava
9 5 (1.87%) RESTful
10 4 (1.49%) Middleware
10 4 (1.49%) Next.js
11 3 (1.12%) Polars
11 3 (1.12%) Web Services
Miscellaneous
1 72 (26.87%) Foreign Exchange (FX)
2 69 (25.75%) Equities
3 56 (20.90%) Fixed Income
4 37 (13.81%) Equity Derivative
5 22 (8.21%) Distributed Systems
6 17 (6.34%) Algorithms
6 17 (6.34%) Exotic Derivative
7 16 (5.97%) Market Risk
8 15 (5.60%) OTC Derivatives
9 14 (5.22%) Credit Risk
9 14 (5.22%) Data Structures
10 13 (4.85%) Data Protection Act
10 13 (4.85%) Hedge funds
11 12 (4.48%) Onboarding
12 11 (4.10%) TWAP
12 11 (4.10%) VWAP
13 10 (3.73%) Management Information System
14 8 (2.99%) Cloud Native
14 8 (2.99%) Reference Data
15 7 (2.61%) Self-Motivation
Operating Systems
1 17 (6.34%) Unix
2 15 (5.60%) Linux
3 2 (0.75%) Windows
Processes & Methodologies
1 52 (19.40%) Problem-Solving
2 46 (17.16%) Agile
2 46 (17.16%) Stakeholder Management
3 40 (14.93%) Analytics
4 37 (13.81%) Low Latency
5 36 (13.43%) CI/CD
6 35 (13.06%) Data Analysis
7 34 (12.69%) Software Engineering
7 34 (12.69%) User Acceptance Testing
8 30 (11.19%) Business Analysis
8 30 (11.19%) Validation
9 29 (10.82%) Multithreading
10 28 (10.45%) Electronic Trading
11 27 (10.07%) Data Modelling
11 27 (10.07%) Microservices
11 27 (10.07%) Risk Management
12 26 (9.70%) AI
12 26 (9.70%) Performance Optimisation
13 25 (9.33%) DevOps
13 25 (9.33%) Requirements Gathering
Programming Languages
1 102 (38.06%) Python
2 86 (32.09%) SQL
3 68 (25.37%) Java
4 56 (20.90%) C#
5 37 (13.81%) C++
6 19 (7.09%) TypeScript
7 10 (3.73%) Rust
8 9 (3.36%) Shell Script
9 8 (2.99%) PowerShell
10 5 (1.87%) JavaScript
10 5 (1.87%) PL/SQL
11 4 (1.49%) T-SQL
12 3 (1.12%) Perl
12 3 (1.12%) Scala
13 2 (0.75%) Bash
13 2 (0.75%) C
14 1 (0.37%) Korn
14 1 (0.37%) Kotlin
14 1 (0.37%) R
14 1 (0.37%) VBA
Qualifications
1 25 (9.33%) Degree
2 12 (4.48%) Master's Degree
3 10 (3.73%) PhD
4 7 (2.61%) Computer Science Degree
5 3 (1.12%) PMI Certification
5 3 (1.12%) PMP
6 2 (0.75%) CFA
6 2 (0.75%) Numerate Degree
6 2 (0.75%) PRINCE2 Certification
6 2 (0.75%) Security Cleared
Quality Assurance & Compliance
1 16 (5.97%) Data Quality
2 10 (3.73%) MiFID
3 9 (3.36%) EMIR
4 5 (1.87%) QA
5 3 (1.12%) SLA
6 2 (0.75%) Basel III
6 2 (0.75%) COREP
6 2 (0.75%) Dodd-Frank
6 2 (0.75%) FINREP
6 2 (0.75%) GAAP
6 2 (0.75%) IFRS
7 1 (0.37%) ISO 20022
System Software
1 15 (5.60%) Docker
2 1 (0.37%) Virtual Machines
Systems Management
1 6 (2.24%) Kubernetes
2 2 (0.75%) Thomson Reuters DACS
3 1 (0.37%) Control-M
3 1 (0.37%) ITRS Geneos
3 1 (0.37%) Single Sign-On
Vendors
1 19 (7.09%) Murex
2 16 (5.97%) Bloomberg
3 9 (3.36%) Sybase
4 8 (2.99%) Calypso
4 8 (2.99%) Oracle
5 7 (2.61%) Databricks
6 5 (1.87%) Charles River
6 5 (1.87%) IBM
7 3 (1.12%) Google
7 3 (1.12%) Microsoft
7 3 (1.12%) SimCorp
8 2 (0.75%) NYFIX
8 2 (0.75%) Refinitiv
8 2 (0.75%) Tradeweb
9 1 (0.37%) Alteryx
9 1 (0.37%) eFront
9 1 (0.37%) FIS
9 1 (0.37%) Solace
9 1 (0.37%) Splunk
9 1 (0.37%) Talend