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 5 June 2025, comparing them to the same period in the previous two years.

6 months to
5 Jun 2025
Same period 2024 Same period 2023
Rank 220 208 227
Rank change year-on-year -12 +19 +56
Contract jobs citing Derivative 353 487 667
As % of all contract jobs advertised in the UK 1.22% 1.14% 1.19%
As % of the Miscellaneous category 3.56% 3.77% 3.58%
Number of daily rates quoted 310 437 576
10th Percentile £511 £583 £525
25th Percentile £638 £650 £600
Median daily rate (50th Percentile) £725 £775 £725
Median % change year-on-year -6.45% +6.90% +7.41%
75th Percentile £875 £850 £836
90th Percentile £938 £888 £1,000
UK excluding London median daily rate £408 £638 £800
% change year-on-year -36.08% -20.31% +48.15%
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 9,923 12,915 18,636
As % of all contract IT jobs advertised in the UK 34.23% 30.10% 33.35%
Number of daily rates quoted 6,235 8,267 12,840
10th Percentile £300 £270 £313
25th Percentile £406 £413 £450
Median daily rate (50th Percentile) £525 £538 £550
Median % change year-on-year -2.42% -2.18% -
75th Percentile £650 £663 £680
90th Percentile £775 £800 £800
UK excluding London median daily rate £475 £500 £500
% change year-on-year -5.00% - +2.56%
Number of hourly rates quoted 417 924 608
10th Percentile £15.84 £12.25 £9.80
25th Percentile £19.75 £15.21 £10.63
Median hourly rate £33.00 £35.25 £22.00
Median % change year-on-year -6.38% +60.23% -18.46%
75th Percentile £62.25 £61.30 £60.00
90th Percentile £82.35 £71.69 £74.48
UK excluding London median hourly rate £31.76 £35.00 £22.00
% change year-on-year -9.26% +59.09% +2.95%

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 5 June 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 5 June 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 -27 321 £750 -3.23% 487
London -27 308 £750 -3.23% 353
Work from Home -12 202 £725 -9.38% 156
UK excluding London +80 40 £408 -36.08% 241
Northern Ireland - 20 £325 - 31
Scotland - 10 £404 - 11
North of England +15 9 £603 -5.41% 23
North West +16 7 £603 -5.41% 9
Yorkshire - 2 - - 10
East Midlands - 1 £825 - 6
Midlands - 1 £825 - 21

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 43 (12.18%) Apache
1 43 (12.18%) Apache Airflow
2 8 (2.27%) Confluence
3 2 (0.57%) Microsoft Exchange
3 2 (0.57%) MQSeries
4 1 (0.28%) SharePoint
Applications
1 24 (6.80%) Microsoft Excel
2 2 (0.57%) MS Visio
2 2 (0.57%) Notepad++
3 1 (0.28%) Fusion 360
3 1 (0.28%) Microsoft PowerPoint
3 1 (0.28%) Siemens NX
Business Applications
1 44 (12.46%) Aladdin
2 19 (5.38%) thinkFolio
3 7 (1.98%) Kondor
4 3 (0.85%) Finacle
5 2 (0.57%) Misys Midas
6 1 (0.28%) Actimize
6 1 (0.28%) BusinessWorks
6 1 (0.28%) Endur
6 1 (0.28%) Fidessa
6 1 (0.28%) ION MarketView
6 1 (0.28%) Summit
6 1 (0.28%) Teamcenter
Cloud Services
1 72 (20.40%) AWS
2 43 (12.18%) dbt
2 43 (12.18%) Snowflake
3 27 (7.65%) Azure
4 15 (4.25%) Amazon EC2
4 15 (4.25%) Amazon EKS
5 13 (3.68%) Amazon S3
6 11 (3.12%) GCP
7 10 (2.83%) Amazon ElastiCache
7 10 (2.83%) CloudFront
7 10 (2.83%) Route 53
8 9 (2.55%) npm
8 9 (2.55%) Yarn
9 8 (2.27%) Azure DevOps
10 5 (1.42%) Amazon ECS
10 5 (1.42%) Dagster
10 5 (1.42%) OpenShift
10 5 (1.42%) Power Platform
11 4 (1.13%) Cloud Computing
11 4 (1.13%) Kong
Communications & Networking
1 8 (2.27%) FIX Connectivity
2 5 (1.42%) TCP/IP
3 2 (0.57%) BGP
3 2 (0.57%) Firewall
3 2 (0.57%) HSRP
3 2 (0.57%) IGMP
3 2 (0.57%) Multicast
3 2 (0.57%) OSPF
3 2 (0.57%) VRRP
Database & Business Intelligence
1 96 (27.20%) Data Lake
2 43 (12.18%) Amazon Athena
2 43 (12.18%) Apache Arrow
2 43 (12.18%) Apache Iceberg
2 43 (12.18%) Dremio
3 33 (9.35%) SQL Server
4 27 (7.65%) Apache Ignite
5 25 (7.08%) NoSQL
6 17 (4.82%) PostgreSQL
6 17 (4.82%) Redis
7 11 (3.12%) Relational Database
8 10 (2.83%) Amazon Aurora
8 10 (2.83%) DocumentDB
9 9 (2.55%) MongoDB
10 6 (1.70%) Tableau
11 5 (1.42%) Data Mart
11 5 (1.42%) Data Warehouse
11 5 (1.42%) DB2
11 5 (1.42%) Power BI
12 4 (1.13%) Hazelcast
Development Applications
1 24 (6.80%) Git
2 14 (3.97%) JIRA
3 9 (2.55%) webpack
4 8 (2.27%) Jenkins
5 7 (1.98%) Octopus Deploy
6 5 (1.42%) Ant
6 5 (1.42%) Maven
6 5 (1.42%) Subversion
6 5 (1.42%) Visual Studio
7 4 (1.13%) JUnit
8 3 (0.85%) ERwin
9 2 (0.57%) MagicDraw
9 2 (0.57%) XMLSpy
10 1 (0.28%) Cucumber
10 1 (0.28%) Cypress.io
10 1 (0.28%) SpecFlow
General
1 300 (84.99%) Finance
2 224 (63.46%) Front Office
3 152 (43.06%) Banking
4 106 (30.03%) Investment Banking
5 48 (13.60%) Social Skills
6 37 (10.48%) Analytical Skills
7 11 (3.12%) Back Office
8 10 (2.83%) Financial Institution
8 10 (2.83%) Retail Banking
9 7 (1.98%) Presentation Skills
9 7 (1.98%) Wholesale Banking
10 5 (1.42%) Private Banking
11 2 (0.57%) Legal
12 1 (0.28%) Influencing Skills
Job Titles
1 139 (39.38%) Developer
2 79 (22.38%) Analyst
3 69 (19.55%) Business Analyst
4 54 (15.30%) Senior
5 53 (15.01%) Software Engineer
6 43 (12.18%) AWS Engineer
6 43 (12.18%) AWS Software Engineer
6 43 (12.18%) Java Developer
7 42 (11.90%) Business Manager
8 41 (11.61%) Fixed Income Business Analyst
9 40 (11.33%) Java Engineer
9 40 (11.33%) Java Software Engineer
10 37 (10.48%) Head of Finance
11 35 (9.92%) C# Developer
12 30 (8.50%) Python Engineer
12 30 (8.50%) Python Software Engineer
13 26 (7.37%) Developer/Software Engineer
14 25 (7.08%) Lead
14 25 (7.08%) Senior Java Engineer
14 25 (7.08%) Senior Java Software Engineer
Libraries, Frameworks & Software Standards
1 30 (8.50%) NumPy
1 30 (8.50%) Pandas
2 29 (8.22%) SciPy
3 28 (7.93%) Protocol Buffers
4 27 (7.65%) gRPC
5 23 (6.52%) PySpark
6 20 (5.67%) React
7 17 (4.82%) RESTful
8 16 (4.53%) Kafka
9 15 (4.25%) .NET
10 13 (3.68%) XML
11 12 (3.40%) FIX Protocol
12 11 (3.12%) AngularJS
13 10 (2.83%) GraphQL
14 9 (2.55%) CSS
14 9 (2.55%) REST
14 9 (2.55%) Spring
15 8 (2.27%) Web Services
16 7 (1.98%) JSON
16 7 (1.98%) SOAP
Miscellaneous
1 179 (50.71%) Fixed Income
2 165 (46.74%) Equities
3 156 (44.19%) Foreign Exchange (FX)
4 154 (43.63%) Hedge funds
5 39 (11.05%) Equity Derivative
6 25 (7.08%) Onboarding
7 24 (6.80%) Product Ownership
8 22 (6.23%) Pricing Data
9 19 (5.38%) Distributed Systems
9 19 (5.38%) Market Risk
10 12 (3.40%) Interest Rate Derivative
11 11 (3.12%) Data Structures
12 8 (2.27%) Management Information System
13 6 (1.70%) Algorithms
13 6 (1.70%) OTC Derivatives
14 5 (1.42%) Legacy Systems
15 4 (1.13%) Credit Derivative
15 4 (1.13%) Data Protection Act
15 4 (1.13%) Public Cloud
15 4 (1.13%) SWIFT Messaging Network
Operating Systems
1 24 (6.80%) Linux
2 17 (4.82%) Unix
3 7 (1.98%) Windows
4 2 (0.57%) Red Hat Enterprise Linux
Processes & Methodologies
1 226 (64.02%) Agile
2 133 (37.68%) Investment Management
3 104 (29.46%) Asset Management
4 79 (22.38%) Data Management
4 79 (22.38%) Migration
5 71 (20.11%) Data Governance
6 69 (19.55%) Regulatory Compliance
7 66 (18.70%) Roadmaps
7 66 (18.70%) Software Engineering
8 54 (15.30%) Business Analysis
8 54 (15.30%) Risk Management
9 53 (15.01%) Problem-Solving
10 49 (13.88%) Analytics
11 48 (13.60%) Business Intelligence
12 43 (12.18%) Portfolio Management
13 37 (10.48%) Mathematics
14 33 (9.35%) CI/CD
15 30 (8.50%) DevOps
15 30 (8.50%) Electronic Trading
16 29 (8.22%) User Acceptance Testing
Programming Languages
1 146 (41.36%) Python
2 136 (38.53%) SQL
3 100 (28.33%) Java
4 51 (14.45%) C#
5 41 (11.61%) TypeScript
6 37 (10.48%) JavaScript
7 26 (7.37%) C++
8 8 (2.27%) Haskell
9 7 (1.98%) Scala
10 4 (1.13%) OCaml
10 4 (1.13%) Rust
10 4 (1.13%) Shell Script
11 3 (0.85%) PowerShell
12 2 (0.57%) Kotlin
12 2 (0.57%) RPG
13 1 (0.28%) Bicep
13 1 (0.28%) C
13 1 (0.28%) Ruby
13 1 (0.28%) T-SQL
Qualifications
1 27 (7.65%) Degree
2 17 (4.82%) Numerate Degree
3 5 (1.42%) Master's Degree
4 2 (0.57%) Computer Science Degree
5 1 (0.28%) ISTQB
5 1 (0.28%) PhD
Quality Assurance & Compliance
1 35 (9.92%) MiFID
2 10 (2.83%) QA
3 9 (2.55%) Basel III
4 5 (1.42%) EMIR
5 3 (0.85%) COREP
5 3 (0.85%) Data Quality
6 2 (0.57%) Dodd-Frank
6 2 (0.57%) GDPR
7 1 (0.28%) Accessibility
7 1 (0.28%) PMO
7 1 (0.28%) Sarbanes-Oxley
System Software
1 7 (1.98%) Docker
Systems Management
1 7 (1.98%) Kubernetes
2 2 (0.57%) Control-M
2 2 (0.57%) Terraform
2 2 (0.57%) ZABBIX
3 1 (0.28%) Ansible
3 1 (0.28%) HP ALM
Vendors
1 42 (11.90%) BISAM
2 22 (6.23%) Charles River
3 20 (5.67%) Calypso
4 19 (5.38%) SimCorp
5 17 (4.82%) Oracle
6 14 (3.97%) Sybase
7 13 (3.68%) Murex
8 10 (2.83%) Microsoft
9 9 (2.55%) Atlassian
10 7 (1.98%) Bloomberg
11 4 (1.13%) ION Trading
11 4 (1.13%) ServiceNow
12 3 (0.85%) Avaloq
12 3 (0.85%) Informatica
12 3 (0.85%) Reuters
12 3 (0.85%) Solace
12 3 (0.85%) Temenos
13 2 (0.57%) Red Hat
13 2 (0.57%) Salesforce
13 2 (0.57%) SAP