Derivative Contracts in Central London

Derivatives
London > Central London

The table below looks at the prevalence of the term Derivative in contract job vacancies in Central London. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Derivative over the 6 months leading up to 12 June 2024, comparing them to the same period in the previous two years.

6 months to
12 Jun 2024
Same period 2023 Same period 2022
Rank 117 99 127
Rank change year-on-year -18 +28 -45
Contract jobs citing Derivative 20 79 69
As % of all contract jobs advertised in Central London 0.83% 2.15% 1.55%
As % of the Miscellaneous category 2.69% 6.07% 4.37%
Number of daily rates quoted 12 58 46
10th Percentile £477 £613 £513
25th Percentile £638 £634 £553
Median daily rate (50th Percentile) £680 £725 £699
Median % change year-on-year -6.21% +3.69% +14.16%
75th Percentile £788 £867 £784
90th Percentile £825 £1,063 £838
London median daily rate £800 £725 £675
% change year-on-year +10.34% +7.41% +8.00%

All Generic Skills
Central London

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 in Central London.

Contract vacancies with a requirement for generic IT skills 744 1,302 1,578
As % of all contract IT jobs advertised in Central London 30.76% 35.49% 35.50%
Number of daily rates quoted 505 884 1,144
10th Percentile £300 £313 £400
25th Percentile £440 £475 £488
Median daily rate (50th Percentile) £565 £625 £575
Median % change year-on-year -9.60% +8.70% -2.54%
75th Percentile £700 £750 £700
90th Percentile £838 £850 £813
London median daily rate £575 £600 £600
% change year-on-year -4.17% - +9.09%
Number of hourly rates quoted 7 18 30
10th Percentile £12.75 £19.14 £18.50
25th Percentile £14.38 £35.00 £30.50
Median hourly rate £23.00 £37.42 £48.00
Median % change year-on-year -38.53% -22.05% +140.00%
75th Percentile £25.50 £80.00 £58.00
90th Percentile £36.30 £88.30 £62.83
London median hourly rate £27.92 £34.81 £42.02
% change year-on-year -19.79% -17.16% +20.47%

Derivative
Job Vacancy Trend in Central London

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

Job vacancy trend for Derivative in Central London

Derivative
Contractor Daily Rate Trend in Central London

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

Daily rate trend for Derivative in Central London

Derivative
Daily Rate Histogram in Central London

Daily rate distribution for jobs citing Derivative in Central London over the 6 months to 12 June 2024.

Daily rate histogram for Derivative in Central London

Derivative
Contractor Hourly Rate Trend in Central London

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

Hourly rate trend for Derivative in Central London

Derivative
Contract Job Locations in Central London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Derivative within the Central London region over the 6 months to 12 June 2024. 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
City of London -17 19 £680 -6.21% 3
Derivative
London

Derivative
Co-occurring Skills and Capabilities in Central London 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 3 (15.00%) Microsoft Excel
1 3 (15.00%) Microsoft PowerPoint
1 3 (15.00%) Microsoft Project
1 3 (15.00%) MS Visio
Business Applications
1 1 (5.00%) ION MarketView
Cloud Services
1 4 (20.00%) AWS
1 4 (20.00%) Azure
2 3 (15.00%) Collibra
3 2 (10.00%) Azure DevOps
3 2 (10.00%) GitHub
Communications & Networking
1 1 (5.00%) FIX Connectivity
1 1 (5.00%) Multicast
1 1 (5.00%) TCP/IP
Database & Business Intelligence
1 5 (25.00%) NoSQL
2 3 (15.00%) Metadata
Development Applications
1 1 (5.00%) Octopus Deploy
1 1 (5.00%) Selenium
1 1 (5.00%) TeamCity
General
1 16 (80.00%) Finance
2 5 (25.00%) Banking
3 4 (20.00%) Front Office
4 3 (15.00%) Presentation Skills
5 2 (10.00%) Investment Banking
6 1 (5.00%) Analytical Skills
6 1 (5.00%) Back Office
6 1 (5.00%) Financial Institution
6 1 (5.00%) Social Skills
6 1 (5.00%) Telecoms
Job Titles
1 9 (45.00%) Developer
2 7 (35.00%) Analyst
3 5 (25.00%) Senior
4 4 (20.00%) Quantitative Developer
5 3 (15.00%) Business Analyst
5 3 (15.00%) Data Analyst
5 3 (15.00%) Governance Analyst
5 3 (15.00%) Operations Analyst
5 3 (15.00%) Python Developer
5 3 (15.00%) Senior Developer
6 2 (10.00%) Project Manager
6 2 (10.00%) Senior Quantitative Developer
6 2 (10.00%) Software Developer
7 1 (5.00%) Business Systems Analyst
7 1 (5.00%) C++ Developer
7 1 (5.00%) Java Developer
7 1 (5.00%) Project Analyst
7 1 (5.00%) Report Analyst
7 1 (5.00%) Senior Manager
7 1 (5.00%) Systems Analyst
Libraries, Frameworks & Software Standards
1 5 (25.00%) NumPy
1 5 (25.00%) Pandas
2 3 (15.00%) FIX Protocol
2 3 (15.00%) SciPy
3 2 (10.00%) Matplotlib
4 1 (5.00%) FpML
4 1 (5.00%) Middleware
4 1 (5.00%) Spring
4 1 (5.00%) Spring Boot
Miscellaneous
1 5 (25.00%) Equities
2 4 (20.00%) Foreign Exchange (FX)
3 3 (15.00%) Algorithms
3 3 (15.00%) Fixed Income
4 1 (5.00%) Credit Derivative
4 1 (5.00%) Data Structures
4 1 (5.00%) OTC Derivatives
Operating Systems
1 1 (5.00%) Linux
1 1 (5.00%) Red Hat Enterprise Linux
Processes & Methodologies
1 5 (25.00%) CI/CD
1 5 (25.00%) Data Management
1 5 (25.00%) Mathematics
2 4 (20.00%) Data Modelling
2 4 (20.00%) Data Pipeline
2 4 (20.00%) DevOps
2 4 (20.00%) Performance Optimisation
2 4 (20.00%) Stakeholder Management
3 3 (15.00%) Agile
3 3 (15.00%) Computer Science
3 3 (15.00%) Data Governance
3 3 (15.00%) Data Governance Strategy
3 3 (15.00%) Release Management
3 3 (15.00%) Stakeholder Engagement
3 3 (15.00%) Test Automation
4 2 (10.00%) Analytics
4 2 (10.00%) Probabilistic Modelling
4 2 (10.00%) Product Requirements
4 2 (10.00%) Quantitative Research
4 2 (10.00%) SDLC
Programming Languages
1 7 (35.00%) Python
2 6 (30.00%) SQL
3 5 (25.00%) Java
4 4 (20.00%) C++
5 3 (15.00%) Rust
Qualifications
1 3 (15.00%) Degree
2 2 (10.00%) Master's Degree
3 1 (5.00%) CIMA
3 1 (5.00%) Computer Science Degree
Quality Assurance & Compliance
1 4 (20.00%) Data Quality
2 1 (5.00%) EMIR
2 1 (5.00%) GAAP
2 1 (5.00%) IFRS
2 1 (5.00%) QA
System Software
1 1 (5.00%) Docker
Systems Management
1 1 (5.00%) Kubernetes
Vendors
1 3 (15.00%) Microsoft
2 1 (5.00%) Bloomberg
2 1 (5.00%) CA
2 1 (5.00%) ION Trading
2 1 (5.00%) MarketAxess
2 1 (5.00%) Red Hat
2 1 (5.00%) Tradeweb