Derivative Contracts in London

Derivatives
England > London

The table below looks at the prevalence of the term Derivative in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Derivative over the 6 months to 16 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
16 May 2024
Same period 2023 Same period 2022
Rank 86 112 141
Rank change year-on-year +26 +29 -5
Contract jobs citing Derivative 466 616 763
As % of all contract jobs advertised in London 2.67% 2.38% 1.98%
As % of the Miscellaneous category 8.02% 6.62% 5.42%
Number of daily rates quoted 425 536 655
10th Percentile £565 £550 £531
25th Percentile £650 £625 £550
Median daily rate (50th Percentile) £750 £725 £675
Median % change year-on-year +3.45% +7.41% +10.20%
75th Percentile £850 £835 £763
90th Percentile £888 £1,000 £888
England median daily rate £750 £740 £675
% change year-on-year +1.35% +9.63% +10.20%

All Generic Skills
London

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 advertised in London with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 5,810 9,304 14,070
As % of all contract IT jobs advertised in London 33.28% 35.96% 36.48%
Number of daily rates quoted 4,111 6,700 10,269
10th Percentile £313 £375 £400
25th Percentile £450 £500 £500
Median daily rate (50th Percentile) £588 £600 £600
Median % change year-on-year -2.08% - +9.09%
75th Percentile £725 £743 £713
90th Percentile £850 £838 £800
England median daily rate £550 £571 £550
% change year-on-year -3.64% +3.77% +10.00%
Number of hourly rates quoted 148 115 200
10th Percentile £15.48 £19.16 £18.50
25th Percentile £18.41 £22.08 £23.91
Median hourly rate £26.00 £35.00 £44.15
Median % change year-on-year -25.71% -20.72% +29.13%
75th Percentile £49.13 £64.75 £54.59
90th Percentile £69.50 £84.50 £69.91
England median hourly rate £34.21 £22.49 £27.00
% change year-on-year +52.15% -16.72% +2.99%

Derivative
Job Vacancy Trend in London

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

Job vacancy trend for Derivative in London

Derivative
Contractor Daily Rate Trend in London

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

Daily rate trend for Derivative in London

Derivative
Daily Rate Histogram in London

Daily rate distribution for jobs citing Derivative in London over the 6 months to 16 May 2024.

Daily rate histogram for Derivative in London

Derivative
Contractor Hourly Rate Trend in London

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

Hourly rate trend for Derivative in London

Derivative
Contract Job Locations in 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 London region over the 6 months to 16 May 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
Central London -31 21 £680 -9.33% 9
East London - 2 £850 - 2
South London +7 1 £800 +23.08% 1
Derivative
England

Derivative
Co-occurring Skills and Capabilities in 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:

Application Platforms
1 101 (21.67%) Apache Airflow
2 95 (20.39%) Apache
3 13 (2.79%) Confluence
4 7 (1.50%) SAS
5 3 (0.64%) Microsoft Exchange
6 2 (0.43%) Apache Spark
Applications
1 35 (7.51%) Microsoft Excel
2 21 (4.51%) Microsoft PowerPoint
3 15 (3.22%) MS Visio
4 8 (1.72%) Microsoft Project
5 5 (1.07%) Microsoft Office
6 2 (0.43%) Mingle
Business Applications
1 16 (3.43%) Aladdin
2 9 (1.93%) ION MarketView
3 6 (1.29%) Loan IQ
4 4 (0.86%) Markit EDM
4 4 (0.86%) thinkFolio
5 3 (0.64%) IntelliMatch
5 3 (0.64%) ION Anvil
6 2 (0.43%) Endur
6 2 (0.43%) Fidessa
Cloud Services
1 189 (40.56%) AWS
2 97 (20.82%) GCP
3 96 (20.60%) dbt
4 85 (18.24%) Azure
4 85 (18.24%) Snowflake
5 17 (3.65%) Azure DevOps
6 11 (2.36%) GitHub
7 5 (1.07%) Azure Cosmos DB
7 5 (1.07%) npm
7 5 (1.07%) Yarn
8 4 (0.86%) Amazon EC2
8 4 (0.86%) Amazon S3
8 4 (0.86%) Azure App Service
8 4 (0.86%) Azure Service Bus
8 4 (0.86%) Collibra
9 1 (0.21%) Figma
9 1 (0.21%) OpenShift
9 1 (0.21%) Power Platform
Communications & Networking
1 15 (3.22%) FIX Connectivity
2 1 (0.21%) Multicast
2 1 (0.21%) Wireshark
Database & Business Intelligence
1 96 (20.60%) Apache Arrow
1 96 (20.60%) Dremio
2 95 (20.39%) Amazon Athena
3 92 (19.74%) Apache Ignite
4 86 (18.45%) Data Lake
5 23 (4.94%) Relational Database
6 19 (4.08%) SQL Server
7 13 (2.79%) NoSQL
8 8 (1.72%) KDB
9 6 (1.29%) Data Mart
10 5 (1.07%) Oracle Database
10 5 (1.07%) PostgreSQL
11 4 (0.86%) Metadata
11 4 (0.86%) Oracle Reports
12 3 (0.64%) MySQL
13 2 (0.43%) Hadoop
13 2 (0.43%) Tableau
14 1 (0.21%) Apache Cassandra
14 1 (0.21%) DataStax
14 1 (0.21%) Power BI
Development Applications
1 24 (5.15%) JIRA
2 18 (3.86%) TeamCity
3 11 (2.36%) SpecFlow
4 10 (2.15%) Visual Studio
5 7 (1.50%) Git
6 6 (1.29%) Jenkins
7 5 (1.07%) JUnit
7 5 (1.07%) MLflow
7 5 (1.07%) webpack
8 4 (0.86%) Bitbucket
8 4 (0.86%) Mockito
8 4 (0.86%) Moq
8 4 (0.86%) Octopus Deploy
9 2 (0.43%) Babel
9 2 (0.43%) Cucumber
9 2 (0.43%) FitNesse
9 2 (0.43%) Gradle
9 2 (0.43%) IntelliJ
9 2 (0.43%) Selenium
9 2 (0.43%) Team Foundation Server
General
1 385 (82.62%) Finance
2 313 (67.17%) Front Office
3 261 (56.01%) Banking
4 178 (38.20%) Investment Banking
5 52 (11.16%) Social Skills
6 47 (10.09%) Back Office
7 43 (9.23%) Analytical Skills
8 14 (3.00%) Financial Institution
9 8 (1.72%) Presentation Skills
10 5 (1.07%) Prime Brokerage
10 5 (1.07%) Synthetic Prime Brokerage
11 4 (0.86%) Corporate Banking
11 4 (0.86%) Public Sector
12 2 (0.43%) General Ledger
13 1 (0.21%) Agriculture
13 1 (0.21%) Influencing Skills
13 1 (0.21%) International Banking
13 1 (0.21%) Legal
13 1 (0.21%) Marketing
Job Titles
1 201 (43.13%) Developer
2 103 (22.10%) Analyst
3 93 (19.96%) Software Engineer
4 88 (18.88%) Senior
5 65 (13.95%) Business Analyst
6 57 (12.23%) Finance Manager
7 55 (11.80%) Developer/Software Engineer
7 55 (11.80%) Lead
8 52 (11.16%) Financial Analyst
9 49 (10.52%) Java Developer
10 48 (10.30%) Python Developer
11 38 (8.15%) Python Engineer
11 38 (8.15%) Python Software Engineer
11 38 (8.15%) Senior Software Engineer
12 36 (7.73%) Quantitative Developer
13 32 (6.87%) Java Engineer
13 32 (6.87%) Java Software Engineer
14 31 (6.65%) Front Office Developer
15 29 (6.22%) Lead Developer
15 29 (6.22%) Senior Developer
Libraries, Frameworks & Software Standards
1 115 (24.68%) Pandas
2 109 (23.39%) NumPy
3 103 (22.10%) SciPy
4 102 (21.89%) gRPC
5 100 (21.46%) Protocol Buffers
6 51 (10.94%) React
7 46 (9.87%) .NET
8 33 (7.08%) FIX Protocol
9 28 (6.01%) Redux
10 22 (4.72%) AngularJS
11 16 (3.43%) XML
12 15 (3.22%) .NET Core
13 14 (3.00%) Vue
14 13 (2.79%) CSS
14 13 (2.79%) Spring
15 11 (2.36%) ASP.NET
15 11 (2.36%) ASP.NET Core
15 11 (2.36%) HTML
16 8 (1.72%) .NET Framework
16 8 (1.72%) Kafka
Miscellaneous
1 235 (50.43%) Fixed Income
2 219 (47.00%) Hedge funds
3 215 (46.14%) Equities
4 191 (40.99%) Foreign Exchange (FX)
5 43 (9.23%) Equity Derivative
6 40 (8.58%) Product Ownership
7 27 (5.79%) Algorithms
8 17 (3.65%) Credit Derivative
9 14 (3.00%) Data Structures
10 12 (2.58%) Distributed Systems
11 10 (2.15%) Pricing Data
12 9 (1.93%) Enterprise Software
12 9 (1.93%) OTC Derivatives
13 8 (1.72%) Interest Rate Derivative
14 7 (1.50%) Data Protection Act
14 7 (1.50%) Market Risk
15 6 (1.29%) SWIFT Messaging Network
16 5 (1.07%) Onboarding
17 4 (0.86%) Public Cloud
18 3 (0.64%) Distributed Computing
Operating Systems
1 26 (5.58%) Linux
2 20 (4.29%) Unix
3 7 (1.50%) Windows
4 4 (0.86%) Apple iOS
5 1 (0.21%) Red Hat Enterprise Linux
Processes & Methodologies
1 231 (49.57%) Agile
2 217 (46.57%) Asset Management
3 190 (40.77%) Investment Management
4 162 (34.76%) Software Engineering
5 60 (12.88%) DevOps
6 56 (12.02%) TDD
7 47 (10.09%) Analytics
7 47 (10.09%) Mentoring
8 46 (9.87%) Mathematics
9 44 (9.44%) Line Management
10 42 (9.01%) Greeks
11 41 (8.80%) Computer Science
12 39 (8.37%) Electronic Trading
13 38 (8.15%) Risk Management
14 37 (7.94%) Fintech
15 36 (7.73%) CI/CD
16 32 (6.87%) Test Automation
17 31 (6.65%) Problem-Solving
18 30 (6.44%) Artificial Intelligence
18 30 (6.44%) Machine Learning
Programming Languages
1 256 (54.94%) Python
2 164 (35.19%) Java
3 149 (31.97%) SQL
4 140 (30.04%) JavaScript
5 132 (28.33%) TypeScript
6 114 (24.46%) C#
7 59 (12.66%) C++
8 22 (4.72%) R
9 13 (2.79%) Scala
10 12 (2.58%) Rust
11 6 (1.29%) Ruby
12 5 (1.07%) PowerShell
12 5 (1.07%) VBA
13 4 (0.86%) Bicep
14 2 (0.43%) Haskell
14 2 (0.43%) Perl
15 1 (0.21%) Bash
15 1 (0.21%) C
15 1 (0.21%) Groovy
15 1 (0.21%) Shell Script
Qualifications
1 61 (13.09%) Degree
2 22 (4.72%) Numerate Degree
3 19 (4.08%) Computer Science Degree
4 17 (3.65%) Master's Degree
5 4 (0.86%) APMP
6 3 (0.64%) PhD
7 2 (0.43%) CISA
7 2 (0.43%) CISM
7 2 (0.43%) CISSP
Quality Assurance & Compliance
1 45 (9.66%) QA
2 41 (8.80%) Data Quality
3 13 (2.79%) MiFID
4 12 (2.58%) EMIR
5 8 (1.72%) Dodd-Frank
6 6 (1.29%) PMO
7 3 (0.64%) SEPA
8 2 (0.43%) GAAP
9 1 (0.21%) Basel III
9 1 (0.21%) IFRS
System Software
1 8 (1.72%) Docker
Systems Management
1 13 (2.79%) ITRS Geneos
2 8 (1.72%) Kubernetes
3 5 (1.07%) Grafana
4 4 (0.86%) Control-M
5 3 (0.64%) Ansible
6 1 (0.21%) Puppet
Vendors
1 46 (9.87%) Bloomberg
2 25 (5.36%) ION Trading
3 18 (3.86%) Oracle
4 12 (2.58%) BISAM
4 12 (2.58%) MarketAxess
4 12 (2.58%) Tradeweb
5 11 (2.36%) Microsoft
6 7 (1.50%) Murex
7 5 (1.07%) Databricks
7 5 (1.07%) Dynatrace
7 5 (1.07%) IBM
8 3 (0.64%) Atlassian
8 3 (0.64%) Refinitiv
9 2 (0.43%) CA Agile Central
9 2 (0.43%) Calypso
9 2 (0.43%) Charles River
10 1 (0.21%) Confluent
10 1 (0.21%) Informatica
10 1 (0.21%) Red Hat
10 1 (0.21%) SimCorp