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 17 March 2026, comparing them to the same period in the previous two years.

6 months to
17 Mar 2026
Same period 2025 Same period 2024
Rank 397 207 240
Rank change year-on-year -190 +33 +26
Contract jobs citing Derivative 238 381 422
As % of all contract jobs in the UK 0.55% 1.30% 0.95%
As % of the Miscellaneous category 1.66% 3.85% 3.13%
Number of daily rates quoted 165 311 378
10th Percentile £513 £500 £550
25th Percentile £613 £638 £619
Median daily rate (50th Percentile) £750 £725 £715
Median % change year-on-year +3.45% +1.40% -4.67%
75th Percentile £925 £881 £825
90th Percentile £1,000 £938 £888
UK excluding London median daily rate £525 £333 £625
% change year-on-year +57.89% -46.80% -21.88%
Number of hourly rates quoted 0 1 0
Median hourly rate - £77.50 -
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 14,310 9,887 13,470
As % of all contract IT jobs advertised in the UK 33.15% 33.67% 30.28%
Number of daily rates quoted 9,007 6,263 8,623
10th Percentile £293 £287 £256
25th Percentile £408 £410 £410
Median daily rate (50th Percentile) £500 £525 £525
Median % change year-on-year -4.76% - -4.55%
75th Percentile £625 £650 £650
90th Percentile £738 £775 £769
UK excluding London median daily rate £475 £500 £500
% change year-on-year -5.00% - -
Number of hourly rates quoted 665 361 867
10th Percentile £15.50 £16.95 £12.50
25th Percentile £18.87 £22.22 £15.50
Median hourly rate £37.50 £32.50 £28.00
Median % change year-on-year +15.38% +16.07% +24.44%
75th Percentile £68.75 £65.00 £57.50
90th Percentile £84.60 £83.20 £67.50
UK excluding London median hourly rate £41.94 £31.08 £26.00
% change year-on-year +34.94% +19.54% +16.83%

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 17 March 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
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 17 March 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 -171 229 £750 - 40
London -97 220 £750 - 39
Work from Home -138 77 £800 +10.34% 19
UK excluding London -115 9 £525 +57.89% 8
North of England -69 3 £525 -10.64% 2
East of England - 3 £681 -
Yorkshire - 3 £525 -
Scotland +6 2 £470 +16.34%
Midlands - 2 £525 -
West Midlands - 2 £525 -
Northern Ireland -20 1 £315 -3.08%

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 9 (3.78%) Apache Spark
2 7 (2.94%) Confluence
3 2 (0.84%) Apache
3 2 (0.84%) Apache Airflow
3 2 (0.84%) WebSphere
4 1 (0.42%) Microsoft Exchange
4 1 (0.42%) Oracle SOA Suite
4 1 (0.42%) SharePoint
Applications
1 20 (8.40%) Microsoft Excel
2 3 (1.26%) Microsoft PowerPoint
3 2 (0.84%) Microsoft Office
3 2 (0.84%) MS Visio
4 1 (0.42%) Microsoft Project
Business Applications
1 8 (3.36%) Aladdin
2 5 (2.10%) Loan IQ
2 5 (2.10%) Temenos T24
3 4 (1.68%) Summit
4 3 (1.26%) Advent Geneva
5 2 (0.84%) Algo Collateral
5 2 (0.84%) Bloomberg TOMS
5 2 (0.84%) Oracle General Ledger
5 2 (0.84%) Oracle Subledger Accounting
6 1 (0.42%) Bloomberg AIM
6 1 (0.42%) FLEXCUBE
6 1 (0.42%) Oracle FAH
6 1 (0.42%) Oracle Procure-to-Pay
Cloud Services
1 55 (23.11%) AWS
2 34 (14.29%) Azure
3 23 (9.66%) GCP
4 8 (3.36%) Snowflake
5 7 (2.94%) Power Platform
6 6 (2.52%) Amazon S3
6 6 (2.52%) AWS Lambda
6 6 (2.52%) Serverless
7 4 (1.68%) Azure DevOps
8 3 (1.26%) Amazon ECS
8 3 (1.26%) npm
8 3 (1.26%) OpenShift
8 3 (1.26%) SaaS
8 3 (1.26%) Yarn
9 2 (0.84%) dbt
10 1 (0.42%) AWS CloudFormation
10 1 (0.42%) Collibra
10 1 (0.42%) IaaS
10 1 (0.42%) OCI
10 1 (0.42%) PaaS
Communications & Networking
1 14 (5.88%) FIX Connectivity
2 4 (1.68%) Multicast
3 1 (0.42%) RTMP
3 1 (0.42%) TCP/IP
Database & Business Intelligence
1 33 (13.87%) PostgreSQL
2 10 (4.20%) Redis
3 9 (3.78%) SQL Server
4 7 (2.94%) Power BI
5 5 (2.10%) Relational Database
6 4 (1.68%) Big Data
6 4 (1.68%) KDB
6 4 (1.68%) Metadata
6 4 (1.68%) NoSQL
6 4 (1.68%) Tableau
7 3 (1.26%) Amazon RDS
7 3 (1.26%) Oracle Database
7 3 (1.26%) RDBMS
8 2 (0.84%) Apache Arrow
8 2 (0.84%) Apache Cassandra
8 2 (0.84%) Apache Iceberg
8 2 (0.84%) Data Mart
8 2 (0.84%) MongoDB
8 2 (0.84%) Power Query
8 2 (0.84%) Snowflake Schema
Development Applications
1 18 (7.56%) Git
2 11 (4.62%) JIRA
3 9 (3.78%) Jenkins
4 8 (3.36%) Octopus Deploy
5 5 (2.10%) Visual Studio
6 4 (1.68%) GitLab
6 4 (1.68%) Maven
6 4 (1.68%) TeamCity
7 3 (1.26%) Bitbucket
7 3 (1.26%) IntelliJ
7 3 (1.26%) webpack
8 2 (0.84%) Cucumber
8 2 (0.84%) Gradle
9 1 (0.42%) Crucible
9 1 (0.42%) Eclipse
9 1 (0.42%) NUnit
9 1 (0.42%) REST Assured
General
1 169 (71.01%) Finance
2 113 (47.48%) Banking
3 104 (43.70%) Front Office
4 78 (32.77%) Investment Banking
5 69 (28.99%) Social Skills
6 39 (16.39%) Analytical Skills
7 21 (8.82%) Financial Institution
8 8 (3.36%) Back Office
9 4 (1.68%) Influencing Skills
9 4 (1.68%) Organisational Skills
9 4 (1.68%) Presentation Skills
10 3 (1.26%) Documentation Skills
10 3 (1.26%) Legal
10 3 (1.26%) Spanish Language
10 3 (1.26%) Telecoms
11 2 (0.84%) General Ledger
11 2 (0.84%) Inclusion and Diversity
12 1 (0.42%) Japanese Language
12 1 (0.42%) Law
12 1 (0.42%) Retail
Job Titles
1 119 (50.00%) Developer
2 46 (19.33%) Senior
3 43 (18.07%) Analyst
4 41 (17.23%) Java Developer
5 32 (13.45%) Business Analyst
6 28 (11.76%) Senior Developer
7 24 (10.08%) Lead
7 24 (10.08%) Python Developer
8 18 (7.56%) Electronic Trading Developer
8 18 (7.56%) Senior Java Developer
9 17 (7.14%) Electronic Trading Java Developer
10 16 (6.72%) Lead Developer
11 15 (6.30%) Algorithmic Trading Developer
11 15 (6.30%) Analytics Developer
11 15 (6.30%) AWS Developer
11 15 (6.30%) Java Developer - Algorithmic Trading
11 15 (6.30%) Kafka Developer
11 15 (6.30%) Low Latency Java Developer
11 15 (6.30%) PostgreSQL Developer
11 15 (6.30%) Software Engineer
Libraries, Frameworks & Software Standards
1 36 (15.13%) React
2 21 (8.82%) FIX Protocol
2 21 (8.82%) Kafka
2 21 (8.82%) Redux
3 16 (6.72%) Node.js
4 13 (5.46%) RESTful
5 11 (4.62%) HTML
6 10 (4.20%) .NET
7 9 (3.78%) Dask
8 8 (3.36%) CSS
8 8 (3.36%) NumPy
8 8 (3.36%) Pandas
8 8 (3.36%) REST
8 8 (3.36%) Spring
9 7 (2.94%) HTML5
9 7 (2.94%) WebSockets
10 6 (2.52%) SciPy
11 5 (2.10%) AngularJS
11 5 (2.10%) XML
12 4 (1.68%) RxJS
Miscellaneous
1 94 (39.50%) Equities
2 61 (25.63%) Fixed Income
3 40 (16.81%) Foreign Exchange (FX)
4 35 (14.71%) Equity Derivative
5 24 (10.08%) Market Risk
6 19 (7.98%) Algorithms
7 17 (7.14%) TWAP
7 17 (7.14%) VWAP
8 16 (6.72%) Management Information System
9 14 (5.88%) Distributed Systems
10 13 (5.46%) Hedge funds
11 12 (5.04%) Cloud Native
11 12 (5.04%) Data Protection Act
12 10 (4.20%) Credit Risk
13 9 (3.78%) Data Structures
14 8 (3.36%) Distributed Computing
14 8 (3.36%) Onboarding
14 8 (3.36%) OTC Derivatives
14 8 (3.36%) Product Ownership
15 7 (2.94%) Analytical Mindset
Operating Systems
1 11 (4.62%) Unix
2 9 (3.78%) Linux
3 3 (1.26%) Debian
3 3 (1.26%) Red Hat Enterprise Linux
3 3 (1.26%) Ubuntu
3 3 (1.26%) VMS
4 2 (0.84%) Windows
5 1 (0.42%) Windows Server
Processes & Methodologies
1 77 (32.35%) Agile
2 66 (27.73%) Risk Management
3 43 (18.07%) Problem-Solving
4 37 (15.55%) Low Latency
5 36 (15.13%) Mathematics
5 36 (15.13%) TDD
6 34 (14.29%) Analytics
7 33 (13.87%) CI/CD
8 32 (13.45%) Electronic Trading
9 31 (13.03%) Asset Management
10 30 (12.61%) DevOps
11 29 (12.18%) Software Engineering
12 28 (11.76%) Design Patterns
13 26 (10.92%) Computer Science
13 26 (10.92%) Mentoring
13 26 (10.92%) Multithreading
14 25 (10.50%) Stakeholder Management
15 23 (9.66%) Portfolio Management
15 23 (9.66%) User Acceptance Testing
16 21 (8.82%) Quantitative Finance
Programming Languages
1 104 (43.70%) Python
2 76 (31.93%) SQL
3 63 (26.47%) Java
4 31 (13.03%) C++
5 30 (12.61%) C#
5 30 (12.61%) TypeScript
6 28 (11.76%) JavaScript
7 4 (1.68%) Shell Script
7 4 (1.68%) VBA
8 3 (1.26%) PowerShell
8 3 (1.26%) Rust
8 3 (1.26%) Scala
9 2 (0.84%) F#
9 2 (0.84%) Perl
10 1 (0.42%) PL/SQL
10 1 (0.42%) R
Qualifications
1 47 (19.75%) Degree
2 18 (7.56%) Master's Degree
3 15 (6.30%) Computer Science Degree
4 14 (5.88%) Numerate Degree
5 10 (4.20%) PhD
6 3 (1.26%) ISTQB
6 3 (1.26%) PMI Certification
6 3 (1.26%) PMP
7 1 (0.42%) CBAP
7 1 (0.42%) FFIEC
Quality Assurance & Compliance
1 15 (6.30%) QA
2 12 (5.04%) EMIR
3 7 (2.94%) Data Quality
3 7 (2.94%) IFRS
3 7 (2.94%) MiFID
4 4 (1.68%) IFRS 9
4 4 (1.68%) SLA
5 3 (1.26%) Basel III
5 3 (1.26%) IAS 32
5 3 (1.26%) IAS 39
6 2 (0.84%) GAAP
6 2 (0.84%) PMO
7 1 (0.42%) Accessibility
7 1 (0.42%) Disclosure Scotland
7 1 (0.42%) FINRA
7 1 (0.42%) IFRS 17
7 1 (0.42%) Sarbanes-Oxley
System Software
1 10 (4.20%) Docker
2 3 (1.26%) QEMU
Systems Management
1 8 (3.36%) Kubernetes
2 7 (2.94%) Ansible
3 4 (1.68%) Grafana
4 3 (1.26%) Podman
4 3 (1.26%) Prometheus
4 3 (1.26%) Terraform
4 3 (1.26%) Thomson Reuters DACS
5 2 (0.84%) ITRS Geneos
6 1 (0.42%) Control-M
Vendors
1 22 (9.24%) Murex
2 21 (8.82%) Bloomberg
3 14 (5.88%) Oracle
4 7 (2.94%) Charles River
5 6 (2.52%) ION Trading
6 5 (2.10%) jBASE
6 5 (2.10%) Temenos
6 5 (2.10%) Tradeweb
7 4 (1.68%) Calypso
7 4 (1.68%) Microsoft
8 3 (1.26%) Advent
8 3 (1.26%) Apple
8 3 (1.26%) Google
8 3 (1.26%) IBM
8 3 (1.26%) NVIDIA
8 3 (1.26%) NYFIX
8 3 (1.26%) Refinitiv
9 2 (0.84%) AppDynamics
9 2 (0.84%) MarketAxess
9 2 (0.84%) SmartStream