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 9 June 2024 with a comparison to the same period over the previous 2 years.

6 months to
9 Jun 2024
Same period 2023 Same period 2022
Rank 88 97 140
Rank change year-on-year +9 +43 -3
Contract jobs citing Derivative 471 648 798
As % of all contract jobs advertised in London 2.68% 2.58% 2.06%
As % of the Miscellaneous category 8.08% 7.16% 5.65%
Number of daily rates quoted 429 569 681
10th Percentile £588 £525 £531
25th Percentile £663 £613 £550
Median daily rate (50th Percentile) £800 £725 £675
Median % change year-on-year +10.34% +7.41% +8.00%
75th Percentile £850 £853 £763
90th Percentile £888 £1,000 £875
England median daily rate £775 £725 £675
% change year-on-year +6.90% +7.41% +8.00%

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 5,827 9,044 14,117
As % of all contract IT jobs advertised in London 33.19% 35.96% 36.47%
Number of daily rates quoted 4,101 6,564 10,318
10th Percentile £315 £363 £400
25th Percentile £450 £495 £500
Median daily rate (50th Percentile) £575 £600 £600
Median % change year-on-year -4.17% - +9.09%
75th Percentile £725 £743 £725
90th Percentile £850 £838 £813
England median daily rate £550 £565 £550
% change year-on-year -2.65% +2.73% +10.00%
Number of hourly rates quoted 146 105 202
10th Percentile £15.46 £18.37 £17.17
25th Percentile £19.40 £21.24 £23.91
Median hourly rate £27.42 £34.62 £42.26
Median % change year-on-year -20.80% -18.08% +20.95%
75th Percentile £50.63 £60.00 £51.31
90th Percentile £71.25 £84.50 £67.50
England median hourly rate £36.50 £22.49 £26.50
% change year-on-year +62.33% -15.15% +6.00%

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 9 June 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 9 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
Central London -21 21 £680 -7.80% 6
East London -6 2 £850 -5.56%
South London +6 1 £800 +14.29% 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
1 133 (28.24%) Apache
2 132 (28.03%) Apache Airflow
3 10 (2.12%) Confluence
4 7 (1.49%) SAS
5 3 (0.64%) Microsoft Exchange
6 2 (0.42%) Apache Spark
Applications
1 23 (4.88%) Microsoft Excel
2 12 (2.55%) Microsoft PowerPoint
2 12 (2.55%) MS Visio
3 3 (0.64%) Microsoft Project
4 2 (0.42%) Mingle
5 1 (0.21%) Microsoft Office
Business Applications
1 13 (2.76%) Aladdin
2 9 (1.91%) ION MarketView
3 4 (0.85%) Markit EDM
3 4 (0.85%) thinkFolio
4 3 (0.64%) IntelliMatch
4 3 (0.64%) ION Anvil
5 2 (0.42%) Endur
5 2 (0.42%) Fidessa
Cloud Services
1 223 (47.35%) AWS
2 134 (28.45%) dbt
3 116 (24.63%) Snowflake
4 106 (22.51%) GCP
5 77 (16.35%) Azure
6 16 (3.40%) Azure DevOps
7 11 (2.34%) GitHub
8 8 (1.70%) Amazon EC2
8 8 (1.70%) Power Platform
9 7 (1.49%) Azure Cosmos DB
10 6 (1.27%) Azure App Service
10 6 (1.27%) Azure Service Bus
11 5 (1.06%) npm
11 5 (1.06%) Yarn
12 4 (0.85%) Amazon ECS
12 4 (0.85%) Amazon EKS
12 4 (0.85%) Amazon S3
13 3 (0.64%) Collibra
14 1 (0.21%) Figma
14 1 (0.21%) OpenShift
Communications & Networking
1 13 (2.76%) FIX Connectivity
2 1 (0.21%) Multicast
2 1 (0.21%) TCP/IP
2 1 (0.21%) Wireshark
Database & Business Intelligence
1 134 (28.45%) Apache Arrow
1 134 (28.45%) Dremio
2 126 (26.75%) Amazon Athena
3 124 (26.33%) Data Lake
4 123 (26.11%) Apache Ignite
5 21 (4.46%) Relational Database
6 16 (3.40%) SQL Server
7 14 (2.97%) NoSQL
8 9 (1.91%) Tableau
9 8 (1.70%) Big Data
9 8 (1.70%) KDB
9 8 (1.70%) Power BI
10 5 (1.06%) Data Mart
10 5 (1.06%) Oracle Database
10 5 (1.06%) PostgreSQL
11 4 (0.85%) Oracle Reports
12 3 (0.64%) Metadata
12 3 (0.64%) MySQL
13 2 (0.42%) Hadoop
14 1 (0.21%) Apache Cassandra
Development Applications
1 21 (4.46%) JIRA
2 16 (3.40%) TeamCity
3 11 (2.34%) SpecFlow
4 9 (1.91%) Visual Studio
5 8 (1.70%) Git
6 7 (1.49%) Jenkins
7 5 (1.06%) JUnit
7 5 (1.06%) MLflow
7 5 (1.06%) webpack
8 4 (0.85%) Bitbucket
8 4 (0.85%) Mockito
8 4 (0.85%) Octopus Deploy
9 3 (0.64%) FitNesse
9 3 (0.64%) Selenium
10 2 (0.42%) Babel
10 2 (0.42%) Cucumber
10 2 (0.42%) Gradle
10 2 (0.42%) IntelliJ
10 2 (0.42%) Moq
10 2 (0.42%) Team Foundation Server
General
1 396 (84.08%) Finance
2 328 (69.64%) Front Office
3 273 (57.96%) Banking
4 202 (42.89%) Investment Banking
5 46 (9.77%) Social Skills
6 43 (9.13%) Analytical Skills
7 34 (7.22%) Back Office
8 10 (2.12%) Financial Institution
9 8 (1.70%) Presentation Skills
10 4 (0.85%) Corporate Banking
11 3 (0.64%) Prime Brokerage
11 3 (0.64%) Synthetic Prime Brokerage
12 2 (0.42%) Agriculture
12 2 (0.42%) General Ledger
13 1 (0.21%) Influencing Skills
13 1 (0.21%) International Banking
13 1 (0.21%) Legal
13 1 (0.21%) Marketing
13 1 (0.21%) Telecoms
Job Titles
1 203 (43.10%) Developer
2 112 (23.78%) Software Engineer
3 100 (21.23%) Analyst
4 96 (20.38%) Senior
5 66 (14.01%) Lead
6 64 (13.59%) Business Analyst
7 60 (12.74%) Developer/Software Engineer
8 54 (11.46%) Python Developer
9 53 (11.25%) Finance Manager
9 53 (11.25%) Financial Analyst
9 53 (11.25%) Java Developer
10 51 (10.83%) Python Engineer
10 51 (10.83%) Python Software Engineer
11 50 (10.62%) Senior Software Engineer
12 46 (9.77%) Java Engineer
13 45 (9.55%) Java Software Engineer
14 42 (8.92%) AWS Engineer
14 42 (8.92%) AWS Software Engineer
15 37 (7.86%) Lead Developer
15 37 (7.86%) Software Developer
Libraries, Frameworks & Software Standards
1 146 (31.00%) Pandas
2 140 (29.72%) NumPy
3 134 (28.45%) SciPy
4 133 (28.24%) gRPC
5 131 (27.81%) Protocol Buffers
6 49 (10.40%) React
7 42 (8.92%) .NET
8 27 (5.73%) FIX Protocol
9 25 (5.31%) Redux
10 22 (4.67%) AngularJS
11 15 (3.18%) .NET Core
12 14 (2.97%) Spring
12 14 (2.97%) XML
13 13 (2.76%) CSS
14 11 (2.34%) HTML
14 11 (2.34%) Vue
15 9 (1.91%) Kafka
16 8 (1.70%) ASP.NET
16 8 (1.70%) ASP.NET Core
17 7 (1.49%) Material-UI
Miscellaneous
1 257 (54.56%) Fixed Income
2 240 (50.96%) Equities
3 236 (50.11%) Hedge funds
4 232 (49.26%) Foreign Exchange (FX)
5 40 (8.49%) Product Ownership
6 38 (8.07%) Equity Derivative
7 27 (5.73%) Algorithms
8 16 (3.40%) Credit Derivative
8 16 (3.40%) Pricing Data
9 15 (3.18%) Data Structures
10 10 (2.12%) OTC Derivatives
11 9 (1.91%) Distributed Systems
11 9 (1.91%) Enterprise Software
12 8 (1.70%) Data Protection Act
13 6 (1.27%) Interest Rate Derivative
13 6 (1.27%) Market Risk
13 6 (1.27%) SWIFT Messaging Network
14 5 (1.06%) Onboarding
15 4 (0.85%) Public Cloud
16 3 (0.64%) Distributed Computing
Operating Systems
1 24 (5.10%) Linux
2 19 (4.03%) Unix
3 7 (1.49%) Windows
4 1 (0.21%) Apple iOS
4 1 (0.21%) Red Hat Enterprise Linux
Processes & Methodologies
1 259 (54.99%) Agile
2 233 (49.47%) Asset Management
3 189 (40.13%) Investment Management
4 188 (39.92%) Software Engineering
5 60 (12.74%) Line Management
6 57 (12.10%) Analytics
6 57 (12.10%) DevOps
7 53 (11.25%) TDD
8 47 (9.98%) Greeks
9 40 (8.49%) Computer Science
9 40 (8.49%) Mathematics
10 39 (8.28%) Mentoring
11 37 (7.86%) CI/CD
12 35 (7.43%) Electronic Trading
13 34 (7.22%) Fintech
14 33 (7.01%) Risk Management
15 31 (6.58%) Test Automation
16 29 (6.16%) Artificial Intelligence
16 29 (6.16%) Full Stack Development
16 29 (6.16%) Machine Learning
Programming Languages
1 284 (60.30%) Python
2 200 (42.46%) Java
3 170 (36.09%) JavaScript
4 163 (34.61%) TypeScript
5 147 (31.21%) SQL
6 94 (19.96%) C#
7 62 (13.16%) C++
8 18 (3.82%) R
9 14 (2.97%) Scala
10 12 (2.55%) Rust
11 6 (1.27%) Ruby
12 5 (1.06%) PowerShell
12 5 (1.06%) VBA
13 4 (0.85%) Bicep
14 3 (0.64%) Perl
15 2 (0.42%) Haskell
16 1 (0.21%) Bash
16 1 (0.21%) Go
16 1 (0.21%) Groovy
16 1 (0.21%) Shell Script
Qualifications
1 56 (11.89%) Degree
2 20 (4.25%) Computer Science Degree
3 18 (3.82%) Numerate Degree
4 16 (3.40%) Master's Degree
5 3 (0.64%) PhD
6 2 (0.42%) CISA
6 2 (0.42%) CISM
6 2 (0.42%) CISSP
7 1 (0.21%) CIMA
Quality Assurance & Compliance
1 50 (10.62%) Data Quality
2 38 (8.07%) QA
3 10 (2.12%) EMIR
3 10 (2.12%) MiFID
4 6 (1.27%) Dodd-Frank
5 3 (0.64%) GAAP
5 3 (0.64%) SEPA
6 2 (0.42%) IFRS
7 1 (0.21%) Basel III
System Software
1 8 (1.70%) Docker
Systems Management
1 9 (1.91%) ITRS Geneos
2 8 (1.70%) Kubernetes
3 5 (1.06%) Grafana
4 4 (0.85%) Control-M
5 3 (0.64%) Ansible
6 1 (0.21%) Puppet
Vendors
1 47 (9.98%) Bloomberg
2 25 (5.31%) ION Trading
3 18 (3.82%) Oracle
4 12 (2.55%) BISAM
5 11 (2.34%) Tradeweb
6 10 (2.12%) MarketAxess
7 6 (1.27%) Murex
8 5 (1.06%) Databricks
8 5 (1.06%) Dynatrace
8 5 (1.06%) IBM
8 5 (1.06%) Microsoft
9 4 (0.85%) Reuters
10 3 (0.64%) Atlassian
10 3 (0.64%) Calypso
10 3 (0.64%) Refinitiv
11 2 (0.42%) CA Agile Central
11 2 (0.42%) Charles River
12 1 (0.21%) CA
12 1 (0.21%) Informatica
12 1 (0.21%) SimCorp