Derivative Contracts

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 30 April 2025, comparing them to the same period in the previous two years.

6 months to
30 Apr 2025
Same period 2024 Same period 2023
Rank 194 227 244
Rank change year-on-year +33 +17 +65
Contract jobs citing Derivative 409 462 654
As % of all contract jobs advertised in the UK 1.40% 1.06% 1.10%
As % of the Miscellaneous category 4.13% 3.49% 3.29%
Number of daily rates quoted 352 414 560
10th Percentile £519 £550 £550
25th Percentile £638 £638 £625
Median daily rate (50th Percentile) £725 £750 £742
Median % change year-on-year -3.33% +1.04% +9.96%
75th Percentile £875 £850 £835
90th Percentile £938 £888 £975
UK excluding London median daily rate £404 £638 £800
% change year-on-year -36.63% -20.31% +50.94%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £47.73
UK excluding London median hourly rate - - £47.73
% change year-on-year - - +47.31%

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 9,915 13,252 19,898
As % of all contract IT jobs advertised in the UK 33.91% 30.40% 33.34%
Number of daily rates quoted 6,331 8,505 13,670
10th Percentile £300 £263 £308
25th Percentile £413 £413 £450
Median daily rate (50th Percentile) £525 £538 £550
Median % change year-on-year -2.42% -2.18% -
75th Percentile £650 £660 £680
90th Percentile £775 £788 £800
UK excluding London median daily rate £496 £500 £500
% change year-on-year -0.90% - +5.26%
Number of hourly rates quoted 394 910 640
10th Percentile £16.46 £12.25 £9.80
25th Percentile £21.00 £15.17 £10.63
Median hourly rate £32.05 £30.00 £22.49
Median % change year-on-year +6.83% +33.42% -18.24%
75th Percentile £63.75 £60.66 £65.00
90th Percentile £82.99 £70.00 £75.00
UK excluding London median hourly rate £30.93 £27.75 £22.00
% change year-on-year +11.46% +26.14% +9.64%

Derivative
Job Vacancy Trend

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

Job vacancy trend for Derivative in the UK

Derivative
Contractor Daily Rate Trend

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

Daily rate trend for Derivative in the UK

Derivative
Daily Rate Histogram

Daily rate distribution for jobs citing Derivative over the 6 months to 30 April 2025.

Daily rate histogram for Derivative in the UK

Derivative
Contractor Hourly Rate Trend

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

Hourly rate trend for Derivative in the UK

Derivative
Top 11 Contract 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 30 April 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
England +17 380 £750 - 201
London +1 369 £750 - 185
Work from Home +31 235 £725 -6.45% 84
UK excluding London +85 35 £404 -36.63% 30
Northern Ireland - 19 £325 - 11
Scotland - 9 £404 - 4
North of England +30 5 £585 -8.31% 9
North West +13 5 £585 -8.31% 7
South East - 1 £765 - 1
East Midlands - 1 £825 -
Midlands - 1 £825 - 2

Derivative
Co-occurring Skills and Capabilities 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 45 (11.00%) Apache
1 45 (11.00%) Apache Airflow
2 5 (1.22%) Confluence
3 2 (0.49%) Apache Spark
3 2 (0.49%) Microsoft Exchange
3 2 (0.49%) MQSeries
4 1 (0.24%) SharePoint
Applications
1 18 (4.40%) Microsoft Excel
2 3 (0.73%) MS Visio
3 2 (0.49%) Microsoft PowerPoint
3 2 (0.49%) Notepad++
4 1 (0.24%) Fusion 360
4 1 (0.24%) Microsoft Office
4 1 (0.24%) Siemens NX
Business Applications
1 37 (9.05%) Aladdin
2 14 (3.42%) thinkFolio
3 5 (1.22%) Kondor
4 4 (0.98%) Misys Midas
5 3 (0.73%) Finacle
6 2 (0.49%) Fidessa
6 2 (0.49%) FLEXCUBE
6 2 (0.49%) Oracle General Ledger
6 2 (0.49%) Summit
7 1 (0.24%) BusinessWorks
7 1 (0.24%) Endur
7 1 (0.24%) ION Anvil
7 1 (0.24%) ION MarketView
7 1 (0.24%) Teamcenter
Cloud Services
1 77 (18.83%) AWS
2 45 (11.00%) dbt
2 45 (11.00%) Snowflake
3 31 (7.58%) Azure
4 29 (7.09%) Amazon EC2
4 29 (7.09%) Amazon EKS
5 23 (5.62%) GCP
6 17 (4.16%) Amazon ECS
6 17 (4.16%) Dagster
7 15 (3.67%) Amazon S3
8 12 (2.93%) Amazon ElastiCache
8 12 (2.93%) CloudFront
8 12 (2.93%) npm
8 12 (2.93%) Route 53
8 12 (2.93%) Yarn
9 10 (2.44%) Azure DevOps
10 5 (1.22%) Kong
10 5 (1.22%) OpenShift
10 5 (1.22%) Power Platform
11 4 (0.98%) Cloud Computing
Communications & Networking
1 11 (2.69%) FIX Connectivity
2 2 (0.49%) BGP
2 2 (0.49%) Firewall
2 2 (0.49%) HSRP
2 2 (0.49%) IGMP
2 2 (0.49%) Multicast
2 2 (0.49%) OSPF
2 2 (0.49%) VRRP
3 1 (0.24%) DHCP
3 1 (0.24%) DNS
3 1 (0.24%) TCP/IP
Database & Business Intelligence
1 124 (30.32%) Data Lake
2 45 (11.00%) Amazon Athena
2 45 (11.00%) Apache Arrow
2 45 (11.00%) Apache Iceberg
2 45 (11.00%) Dremio
3 32 (7.82%) SQL Server
4 29 (7.09%) Apache Ignite
5 24 (5.87%) NoSQL
6 22 (5.38%) Redis
7 15 (3.67%) PostgreSQL
8 12 (2.93%) Amazon Aurora
8 12 (2.93%) DocumentDB
9 9 (2.20%) MongoDB
10 6 (1.47%) Data Warehouse
10 6 (1.47%) Relational Database
11 5 (1.22%) Data Mart
11 5 (1.22%) Hazelcast
11 5 (1.22%) Power BI
11 5 (1.22%) Tableau
12 4 (0.98%) DB2
Development Applications
1 29 (7.09%) Git
2 12 (2.93%) webpack
3 11 (2.69%) JIRA
4 10 (2.44%) Jenkins
5 7 (1.71%) Octopus Deploy
5 7 (1.71%) Visual Studio
6 5 (1.22%) Ant
6 5 (1.22%) Maven
6 5 (1.22%) Subversion
7 3 (0.73%) ERwin
7 3 (0.73%) JUnit
8 2 (0.49%) Bitbucket Server
8 2 (0.49%) MagicDraw
8 2 (0.49%) TeamCity
8 2 (0.49%) XMLSpy
9 1 (0.24%) Cucumber
9 1 (0.24%) Cypress.io
9 1 (0.24%) Eclipse
9 1 (0.24%) IntelliJ
9 1 (0.24%) SpecFlow
General
1 350 (85.57%) Finance
2 265 (64.79%) Front Office
3 170 (41.56%) Banking
4 119 (29.10%) Investment Banking
5 47 (11.49%) Social Skills
6 45 (11.00%) Analytical Skills
7 12 (2.93%) Retail Banking
8 10 (2.44%) Back Office
9 9 (2.20%) Financial Institution
10 7 (1.71%) Wholesale Banking
11 5 (1.22%) French Language
11 5 (1.22%) Private Banking
12 3 (0.73%) Presentation Skills
13 2 (0.49%) Inclusion and Diversity
13 2 (0.49%) Law
14 1 (0.24%) Legal
14 1 (0.24%) Marketing
Job Titles
1 149 (36.43%) Developer
2 101 (24.69%) Analyst
3 83 (20.29%) Business Analyst
4 55 (13.45%) Software Engineer
5 52 (12.71%) Business Manager
6 49 (11.98%) Senior
7 45 (11.00%) AWS Engineer
7 45 (11.00%) AWS Software Engineer
8 43 (10.51%) Java Developer
9 37 (9.05%) Head of Finance
10 36 (8.80%) C# Developer
10 36 (8.80%) Java Engineer
10 36 (8.80%) Java Software Engineer
11 33 (8.07%) Fixed Income Business Analyst
12 29 (7.09%) Lead
13 28 (6.85%) Python Engineer
14 26 (6.36%) Developer/Software Engineer
14 26 (6.36%) Product Manager
14 26 (6.36%) Python Software Engineer
15 25 (6.11%) Senior Developer
Libraries, Frameworks & Software Standards
1 35 (8.56%) PySpark
2 31 (7.58%) NumPy
2 31 (7.58%) Pandas
2 31 (7.58%) SciPy
3 30 (7.33%) Protocol Buffers
4 29 (7.09%) gRPC
5 22 (5.38%) React
6 20 (4.89%) RESTful
7 14 (3.42%) .NET
7 14 (3.42%) CSS
7 14 (3.42%) XML
8 13 (3.18%) AngularJS
8 13 (3.18%) GraphQL
8 13 (3.18%) Kafka
9 12 (2.93%) FIX Protocol
10 9 (2.20%) REST
11 8 (1.96%) JSON
11 8 (1.96%) Spring
11 8 (1.96%) Web Services
12 7 (1.71%) Apache Avro
Miscellaneous
1 217 (53.06%) Fixed Income
2 214 (52.32%) Equities
3 207 (50.61%) Foreign Exchange (FX)
4 196 (47.92%) Hedge funds
5 63 (15.40%) Product Ownership
6 35 (8.56%) Equity Derivative
7 21 (5.13%) Onboarding
8 20 (4.89%) Market Risk
9 14 (3.42%) Distributed Systems
9 14 (3.42%) Interest Rate Derivative
10 12 (2.93%) Pricing Data
11 7 (1.71%) Legacy Systems
11 7 (1.71%) Management Information System
11 7 (1.71%) OTC Derivatives
12 6 (1.47%) Data Structures
12 6 (1.47%) Distributed Computing
12 6 (1.47%) Public Cloud
13 5 (1.22%) SWIFT Messaging Network
14 4 (0.98%) Data Protection Act
14 4 (0.98%) N-Tier
Operating Systems
1 23 (5.62%) Linux
2 22 (5.38%) Unix
3 18 (4.40%) Apple iOS
4 9 (2.20%) Windows
5 3 (0.73%) Red Hat Enterprise Linux
6 1 (0.24%) CentOS
6 1 (0.24%) Fedora
6 1 (0.24%) Windows Server
Processes & Methodologies
1 269 (65.77%) Agile
2 164 (40.10%) Investment Management
3 124 (30.32%) Asset Management
4 120 (29.34%) Migration
5 111 (27.14%) Roadmaps
6 96 (23.47%) Data Governance
7 95 (23.23%) Regulatory Compliance
8 84 (20.54%) Data Management
9 75 (18.34%) Analytics
10 66 (16.14%) Software Engineering
11 58 (14.18%) Problem-Solving
12 56 (13.69%) Portfolio Management
13 48 (11.74%) Risk Management
14 43 (10.51%) Electronic Trading
15 42 (10.27%) Business Analysis
16 41 (10.02%) Business Intelligence
17 35 (8.56%) DevOps
18 34 (8.31%) Mathematics
19 33 (8.07%) CI/CD
20 25 (6.11%) Order Management
Programming Languages
1 149 (36.43%) Python
2 125 (30.56%) SQL
3 105 (25.67%) Java
4 48 (11.74%) C#
5 47 (11.49%) TypeScript
6 44 (10.76%) JavaScript
7 18 (4.40%) C++
8 9 (2.20%) Scala
9 8 (1.96%) Haskell
10 4 (0.98%) OCaml
10 4 (0.98%) PowerShell
11 3 (0.73%) Shell Script
12 2 (0.49%) Kotlin
12 2 (0.49%) RPG
12 2 (0.49%) Rust
13 1 (0.24%) Bash
13 1 (0.24%) Bicep
13 1 (0.24%) C
13 1 (0.24%) Ruby
13 1 (0.24%) T-SQL
Qualifications
1 45 (11.00%) Degree
2 19 (4.65%) Numerate Degree
3 7 (1.71%) Master's Degree
4 1 (0.24%) DV Cleared
4 1 (0.24%) ISTQB
4 1 (0.24%) PhD
4 1 (0.24%) Security Cleared
Quality Assurance & Compliance
1 35 (8.56%) MiFID
2 10 (2.44%) QA
3 6 (1.47%) EMIR
4 5 (1.22%) Basel III
5 4 (0.98%) Data Quality
6 3 (0.73%) Dodd-Frank
7 2 (0.49%) Accessibility
7 2 (0.49%) PMO
8 1 (0.24%) COREP
8 1 (0.24%) ISO 9001
System Software
1 8 (1.96%) Docker
2 1 (0.24%) Active Directory
2 1 (0.24%) VMware Infrastructure
Systems Management
1 8 (1.96%) Kubernetes
2 2 (0.49%) Ansible
2 2 (0.49%) Control-M
2 2 (0.49%) Terraform
2 2 (0.49%) ZABBIX
Vendors
1 36 (8.80%) BISAM
2 20 (4.89%) Charles River
3 15 (3.67%) Calypso
3 15 (3.67%) Murex
4 14 (3.42%) Oracle
4 14 (3.42%) SimCorp
5 12 (2.93%) Atlassian
6 11 (2.69%) Sybase
7 7 (1.71%) Bloomberg
7 7 (1.71%) Microsoft
8 5 (1.22%) ION Trading
9 4 (0.98%) Solace
10 3 (0.73%) Avaloq
10 3 (0.73%) Cisco
10 3 (0.73%) Databricks
10 3 (0.73%) Google
10 3 (0.73%) Informatica
10 3 (0.73%) Red Hat
10 3 (0.73%) ServiceNow
10 3 (0.73%) Temenos