Equity Derivative Contracts with Work from Home Options

Equity Derivatives
UK > Work from Home

The table below looks at the prevalence of the term Equity Derivative in contract job vacancies with an option to work from home (WFH). Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Equity Derivative over the 6 months to 28 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
28 Apr 2024
Same period 2023 Same period 2022
Rank 306 459 603
Rank change year-on-year +153 +144 -186
Contract jobs citing Equity Derivative 40 13 20
As % of all contract jobs with a WFH option 0.26% 0.050% 0.045%
As % of the Miscellaneous category 0.92% 0.16% 0.14%
Number of daily rates quoted 38 12 12
10th Percentile - £491 £433
25th Percentile £600 £547 £613
Median daily rate (50th Percentile) £700 £744 £675
Median % change year-on-year -5.88% +10.19% +12.50%
75th Percentile £803 £842 £738
90th Percentile £1,250 £888 -
UK median daily rate £700 £750 £650
% change year-on-year -6.67% +15.38% +8.33%

All Generic Skills
Work from Home

Equity Derivative is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a WFH option and a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 4,362 8,137 13,908
As % of all contract jobs with a WFH option 28.55% 31.47% 31.20%
Number of daily rates quoted 2,943 5,726 9,922
10th Percentile £325 £363 £358
25th Percentile £431 £454 £438
Median daily rate (50th Percentile) £550 £550 £538
Median % change year-on-year - +2.33% +8.59%
75th Percentile £675 £688 £644
90th Percentile £800 £800 £750
UK median daily rate £538 £550 £550
% change year-on-year -2.27% - +10.00%
Number of hourly rates quoted 192 151 228
10th Percentile £15.43 £19.00 £12.21
25th Percentile £25.50 £31.38 £20.56
Median hourly rate £50.50 £57.50 £44.50
Median % change year-on-year -12.17% +29.21% +28.84%
75th Percentile £65.00 £70.00 £57.50
90th Percentile £72.50 £85.00 £66.08
UK median hourly rate £29.00 £22.49 £27.50
% change year-on-year +28.97% -18.24% +3.19%

Equity Derivative
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Equity Derivative as a proportion of all IT jobs advertised.

Equity Derivative trend for jobs with a WFH option

Equity Derivative
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing Equity Derivative.

Equity Derivative daily rate for jobs with a WFH option

Equity Derivative
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Equity Derivative over the 6 months to 28 April 2024.

Equity Derivative daily rate histogram for jobs with a WFH option

Equity Derivative
Co-occurring Skills and Capabilities with WFH Options 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:

Applications
1 12 (30.00%) Microsoft Excel
Cloud Services
1 10 (25.00%) Azure
2 2 (5.00%) AWS
Database & Business Intelligence
1 12 (30.00%) SQL Server
2 2 (5.00%) PostgreSQL
2 2 (5.00%) Relational Database
General
1 25 (62.50%) Front Office
2 19 (47.50%) Banking
2 19 (47.50%) Finance
3 17 (42.50%) Investment Banking
4 2 (5.00%) Analytical Skills
4 2 (5.00%) Social Skills
Job Titles
1 38 (95.00%) Developer
2 23 (57.50%) Front Office Developer
3 16 (40.00%) C# Developer
4 13 (32.50%) Investment Banking Java Developer
4 13 (32.50%) Java Developer
5 9 (22.50%) C++ Developer
5 9 (22.50%) Low Latency C++ Developer
6 4 (10.00%) C# Developer - Investment Banking
7 2 (5.00%) Analyst
7 2 (5.00%) AWS Developer
7 2 (5.00%) Front Office RAD Developer
7 2 (5.00%) Pricing Analyst
7 2 (5.00%) Qualitative Analyst
7 2 (5.00%) Quantitative Analyst
7 2 (5.00%) Quantitative Risk Analyst
7 2 (5.00%) RAD Developer
7 2 (5.00%) Risk Analyst
7 2 (5.00%) Senior
7 2 (5.00%) Senior Developer
8 1 (2.50%) Node.js Developer
Libraries, Frameworks & Software Standards
1 4 (10.00%) .NET
1 4 (10.00%) WPF
2 2 (5.00%) .NET Framework
2 2 (5.00%) FIX Protocol
2 2 (5.00%) Node.js
Miscellaneous
1 38 (95.00%) Derivative
2 11 (27.50%) Algorithms
3 10 (25.00%) Distributed Systems
4 9 (22.50%) Hedge funds
5 4 (10.00%) Equities
6 2 (5.00%) Fixed Income
6 2 (5.00%) Foreign Exchange (FX)
6 2 (5.00%) Market Risk
Processes & Methodologies
1 13 (32.50%) RAD
2 10 (25.00%) Greeks
2 10 (25.00%) Mathematics
2 10 (25.00%) Multithreading
2 10 (25.00%) Requirements Gathering
2 10 (25.00%) Risk Management
3 9 (22.50%) Algorithmic Trading
3 9 (22.50%) Analytics
3 9 (22.50%) Low Latency
3 9 (22.50%) Systematic Trading
4 2 (5.00%) Agile
4 2 (5.00%) Backtesting
4 2 (5.00%) CI/CD
4 2 (5.00%) Clean Code
4 2 (5.00%) Computer Science
4 2 (5.00%) OO
4 2 (5.00%) OOD
4 2 (5.00%) TDD
4 2 (5.00%) Time Series Analysis
4 2 (5.00%) Web Development
Programming Languages
1 18 (45.00%) C#
2 15 (37.50%) Java
3 14 (35.00%) Python
4 13 (32.50%) C++
5 8 (20.00%) SQL
6 2 (5.00%) VBA
Qualifications
1 2 (5.00%) Computer Science Degree
1 2 (5.00%) Degree
Quality Assurance & Compliance
1 2 (5.00%) MiFID
Vendors
1 2 (5.00%) Oracle