OTC Derivatives Contracts

Over-the-Counter (OTC) Derivatives
UK

The table below looks at the prevalence of the term OTC Derivatives in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that cited OTC Derivatives over the 6 months leading up to 3 August 2025, comparing them to the same period in the previous two years.

6 months to
3 Aug 2025
Same period 2024 Same period 2023
Rank 546 549 633
Rank change year-on-year +3 +84 +149
Contract jobs citing OTC Derivatives 10 13 35
As % of all contract jobs advertised in the UK 0.030% 0.033% 0.066%
As % of the Miscellaneous category 0.087% 0.11% 0.20%
Number of daily rates quoted 5 11 27
10th Percentile £456 £604 -
25th Percentile £520 - £550
Median daily rate (50th Percentile) £575 £650 £675
Median % change year-on-year -11.54% -3.70% -5.26%
75th Percentile £625 £716 £788
90th Percentile £678 £750 £800
UK excluding London median daily rate £425 - £500
Number of hourly rates quoted 0 0 1
Median hourly rate - - £47.73
UK excluding London median hourly rate - - £47.73

All Generic Skills
UK

OTC Derivatives 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 11,545 11,905 17,343
As % of all contract IT jobs advertised in the UK 34.81% 30.50% 32.46%
Number of daily rates quoted 7,093 7,668 11,960
10th Percentile £303 £300 £306
25th Percentile £406 £425 £440
Median daily rate (50th Percentile) £525 £550 £550
Median % change year-on-year -4.55% - -
75th Percentile £640 £675 £675
90th Percentile £775 £820 £788
UK excluding London median daily rate £475 £500 £500
% change year-on-year -5.00% - -
Number of hourly rates quoted 556 619 435
10th Percentile £15.05 £12.30 £15.25
25th Percentile £18.74 £18.12 £20.00
Median hourly rate £29.42 £44.74 £36.25
Median % change year-on-year -34.25% +23.42% +36.79%
75th Percentile £57.50 £65.88 £65.00
90th Percentile £76.25 £75.00 £79.19
UK excluding London median hourly rate £29.67 £45.00 £44.50
% change year-on-year -34.08% +1.12% +106.98%

OTC Derivatives
Job Vacancy Trend

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

Job vacancy trend for OTC Derivatives in the UK

OTC Derivatives
Contractor Daily Rate Trend

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

Daily rate trend for OTC Derivatives in the UK

OTC Derivatives
Daily Rate Histogram

Daily rate distribution for jobs citing OTC Derivatives over the 6 months to 3 August 2025.

Daily rate histogram for OTC Derivatives in the UK

OTC Derivatives
Contractor Hourly Rate Trend

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

Hourly rate trend for OTC Derivatives in the UK

OTC Derivatives
Top 5 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing OTC Derivatives within the UK over the 6 months to 3 August 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 8 £588 -9.62% 14
London +6 8 £588 -9.62% 14
Scotland - 2 £425 - 1
UK excluding London - 2 £425 - 3
Work from Home +25 1 - - 2

OTC Derivatives
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 2 (20.00%) Confluence
1 2 (20.00%) IIS
Applications
1 1 (10.00%) Microsoft Excel
Business Applications
1 1 (10.00%) Markit EDM
Database & Business Intelligence
1 2 (20.00%) SQL Server
Development Applications
1 1 (10.00%) JIRA
General
1 5 (50.00%) Analytical Skills
1 5 (50.00%) Banking
1 5 (50.00%) Finance
2 2 (20.00%) Front Office
2 2 (20.00%) Social Skills
3 1 (10.00%) Inclusion and Diversity
3 1 (10.00%) Investment Banking
3 1 (10.00%) Prime Brokerage
Job Titles
1 6 (60.00%) Analyst
2 5 (50.00%) Business Analyst
3 3 (30.00%) Product Analyst
3 3 (30.00%) Product Business Analyst
3 3 (30.00%) Product Owner
4 2 (20.00%) Developer
5 1 (10.00%) Banking Analyst
5 1 (10.00%) Change Analyst
5 1 (10.00%) Data Modeller
5 1 (10.00%) Investment Banking Business Analyst
5 1 (10.00%) Operational Support Analyst
5 1 (10.00%) Operations Analyst
5 1 (10.00%) Operations Support Analyst
5 1 (10.00%) Project Manager
5 1 (10.00%) Risk Analyst
5 1 (10.00%) Risk Support Analyst
5 1 (10.00%) Senior Data Modeller
5 1 (10.00%) Test Manager
5 1 (10.00%) Test Project Manager
5 1 (10.00%) Transformation Project Manager
Libraries, Frameworks & Software Standards
1 2 (20.00%) XML
Miscellaneous
1 10 (100.00%) Derivative
2 3 (30.00%) Data Protection Act
2 3 (30.00%) Product Ownership
3 2 (20.00%) Self-Motivation
4 1 (10.00%) Analytical Mindset
4 1 (10.00%) Credit Risk
4 1 (10.00%) DTCC
4 1 (10.00%) Equities
4 1 (10.00%) Equity Derivative
4 1 (10.00%) Market Risk
Processes & Methodologies
1 3 (30.00%) Agile
1 3 (30.00%) Data Protection
2 2 (20.00%) Analytical Thinking
2 2 (20.00%) Architectural Design
2 2 (20.00%) Batch Processing
2 2 (20.00%) Business Analysis
2 2 (20.00%) Collateral Management
2 2 (20.00%) Computer Science
2 2 (20.00%) ETL
2 2 (20.00%) Fintech
2 2 (20.00%) Matrix Organization
2 2 (20.00%) Migration
2 2 (20.00%) OO
2 2 (20.00%) Problem-Solving
2 2 (20.00%) Regression Testing
2 2 (20.00%) Systems Analysis
2 2 (20.00%) User Acceptance Testing
3 1 (10.00%) Regulatory Change
3 1 (10.00%) Risk Analysis
3 1 (10.00%) Stakeholder Management
Programming Languages
1 3 (30.00%) SQL
2 2 (20.00%) C#
2 2 (20.00%) Java
2 2 (20.00%) Python
3 1 (10.00%) VBA
Qualifications
1 3 (30.00%) Degree
2 2 (20.00%) Computer Science Degree
Quality Assurance & Compliance
1 2 (20.00%) SLA
2 1 (10.00%) Dodd-Frank
2 1 (10.00%) EMIR
2 1 (10.00%) MiFID
Vendors
1 1 (10.00%) Alteryx
1 1 (10.00%) Calypso
1 1 (10.00%) Cisco
1 1 (10.00%) Microsoft
1 1 (10.00%) Salesforce