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

6 months to
1 Jun 2024
Same period 2023 Same period 2022
Rank 87 103 141
Rank change year-on-year +16 +38 -9
Contract jobs citing Derivative 470 641 790
As % of all contract jobs advertised in London 2.68% 2.52% 2.04%
As % of the Miscellaneous category 8.07% 6.98% 5.62%
Number of daily rates quoted 429 561 678
10th Percentile £575 £525 £531
25th Percentile £650 £613 £550
Median daily rate (50th Percentile) £750 £725 £675
Median % change year-on-year +3.45% +7.41% +8.00%
75th Percentile £850 £838 £763
90th Percentile £888 £1,000 £879
England median daily rate £750 £725 £675
% change year-on-year +3.45% +7.41% +8.87%

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 5,826 9,183 14,066
As % of all contract IT jobs advertised in London 33.27% 36.10% 36.39%
Number of daily rates quoted 4,107 6,671 10,256
10th Percentile £315 £375 £400
25th Percentile £450 £500 £500
Median daily rate (50th Percentile) £575 £600 £600
Median % change year-on-year -4.17% - +9.09%
75th Percentile £725 £743 £714
90th Percentile £850 £838 £800
England median daily rate £550 £570 £550
% change year-on-year -3.51% +3.64% +10.00%
Number of hourly rates quoted 149 106 202
10th Percentile £15.49 £17.88 £17.01
25th Percentile £18.79 £21.24 £23.91
Median hourly rate £27.00 £34.81 £42.26
Median % change year-on-year -22.44% -17.63% +23.60%
75th Percentile £50.25 £62.81 £51.31
90th Percentile £71.25 £86.65 £68.75
England median hourly rate £36.00 £22.49 £26.14
% change year-on-year +60.11% -13.97% +2.49%

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 1 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 1 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 -22 19 £680 -6.21% 8
East London -5 2 £850 +3.03%
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
1 119 (25.32%) Apache Airflow
2 118 (25.11%) Apache
3 11 (2.34%) Confluence
4 7 (1.49%) SAS
5 3 (0.64%) Microsoft Exchange
6 2 (0.43%) Apache Spark
Applications
1 27 (5.74%) Microsoft Excel
2 15 (3.19%) Microsoft PowerPoint
3 14 (2.98%) MS Visio
4 5 (1.06%) Microsoft Project
5 2 (0.43%) Microsoft Office
5 2 (0.43%) Mingle
Business Applications
1 15 (3.19%) Aladdin
2 10 (2.13%) 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 (0.43%) Endur
5 2 (0.43%) Fidessa
6 1 (0.21%) Loan IQ
Cloud Services
1 208 (44.26%) AWS
2 119 (25.32%) dbt
3 103 (21.91%) Snowflake
4 100 (21.28%) GCP
5 82 (17.45%) Azure
6 18 (3.83%) Azure DevOps
7 11 (2.34%) GitHub
8 7 (1.49%) Azure Cosmos DB
9 6 (1.28%) Azure App Service
9 6 (1.28%) Azure Service Bus
9 6 (1.28%) Power Platform
10 5 (1.06%) npm
10 5 (1.06%) Yarn
11 4 (0.85%) Amazon EC2
11 4 (0.85%) Amazon S3
11 4 (0.85%) Collibra
12 1 (0.21%) Figma
12 1 (0.21%) OpenShift
Communications & Networking
1 14 (2.98%) FIX Connectivity
2 1 (0.21%) Multicast
2 1 (0.21%) Wireshark
Database & Business Intelligence
1 119 (25.32%) Apache Arrow
1 119 (25.32%) Dremio
2 113 (24.04%) Amazon Athena
3 110 (23.40%) Apache Ignite
4 109 (23.19%) Data Lake
5 21 (4.47%) Relational Database
6 17 (3.62%) SQL Server
7 13 (2.77%) NoSQL
8 8 (1.70%) KDB
9 7 (1.49%) Tableau
10 6 (1.28%) Big Data
10 6 (1.28%) Power BI
11 5 (1.06%) Data Mart
11 5 (1.06%) Oracle Database
11 5 (1.06%) PostgreSQL
12 4 (0.85%) Metadata
12 4 (0.85%) Oracle Reports
13 3 (0.64%) MySQL
14 2 (0.43%) Hadoop
15 1 (0.21%) Apache Cassandra
Development Applications
1 22 (4.68%) JIRA
2 17 (3.62%) TeamCity
3 13 (2.77%) SpecFlow
4 11 (2.34%) 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%) Moq
8 4 (0.85%) Octopus Deploy
9 3 (0.64%) FitNesse
9 3 (0.64%) Selenium
10 2 (0.43%) Babel
10 2 (0.43%) Cucumber
10 2 (0.43%) Gradle
10 2 (0.43%) IntelliJ
10 2 (0.43%) Team Foundation Server
General
1 391 (83.19%) Finance
2 320 (68.09%) Front Office
3 266 (56.60%) Banking
4 191 (40.64%) Investment Banking
5 46 (9.79%) Social Skills
6 42 (8.94%) Analytical Skills
7 39 (8.30%) Back Office
8 10 (2.13%) Financial Institution
9 9 (1.91%) Presentation Skills
10 4 (0.85%) Corporate Banking
10 4 (0.85%) Prime Brokerage
10 4 (0.85%) Synthetic Prime Brokerage
11 2 (0.43%) Agriculture
11 2 (0.43%) General Ledger
12 1 (0.21%) Influencing Skills
12 1 (0.21%) International Banking
12 1 (0.21%) Legal
12 1 (0.21%) Marketing
12 1 (0.21%) Public Sector
Job Titles
1 201 (42.77%) Developer
2 105 (22.34%) Software Engineer
3 101 (21.49%) Analyst
4 93 (19.79%) Senior
5 64 (13.62%) Business Analyst
6 61 (12.98%) Lead
7 57 (12.13%) Developer/Software Engineer
8 53 (11.28%) Finance Manager
9 52 (11.06%) Financial Analyst
10 50 (10.64%) Java Developer
10 50 (10.64%) Python Developer
11 46 (9.79%) Python Engineer
11 46 (9.79%) Python Software Engineer
11 46 (9.79%) Senior Software Engineer
12 41 (8.72%) Java Engineer
13 40 (8.51%) Java Software Engineer
14 36 (7.66%) AWS Engineer
14 36 (7.66%) AWS Software Engineer
14 36 (7.66%) Quantitative Developer
15 33 (7.02%) Lead Developer
Libraries, Frameworks & Software Standards
1 133 (28.30%) Pandas
2 127 (27.02%) NumPy
3 121 (25.74%) SciPy
4 120 (25.53%) gRPC
5 118 (25.11%) Protocol Buffers
6 49 (10.43%) React
7 45 (9.57%) .NET
8 31 (6.60%) FIX Protocol
9 26 (5.53%) Redux
10 22 (4.68%) AngularJS
11 15 (3.19%) .NET Core
11 15 (3.19%) XML
12 14 (2.98%) Spring
13 13 (2.77%) CSS
14 12 (2.55%) Vue
15 11 (2.34%) HTML
16 9 (1.91%) ASP.NET
16 9 (1.91%) ASP.NET Core
16 9 (1.91%) Kafka
17 8 (1.70%) .NET Framework
Miscellaneous
1 244 (51.91%) Fixed Income
2 228 (48.51%) Equities
2 228 (48.51%) Hedge funds
3 214 (45.53%) Foreign Exchange (FX)
4 41 (8.72%) Equity Derivative
5 39 (8.30%) Product Ownership
6 27 (5.74%) Algorithms
7 16 (3.40%) Credit Derivative
8 14 (2.98%) Data Structures
8 14 (2.98%) Pricing Data
9 10 (2.13%) Distributed Systems
9 10 (2.13%) OTC Derivatives
10 9 (1.91%) Enterprise Software
11 8 (1.70%) Interest Rate Derivative
12 7 (1.49%) Data Protection Act
13 6 (1.28%) Market Risk
13 6 (1.28%) SWIFT Messaging Network
14 5 (1.06%) Onboarding
15 4 (0.85%) Distributed Computing
15 4 (0.85%) Public Cloud
Operating Systems
1 27 (5.74%) Linux
2 21 (4.47%) Unix
3 7 (1.49%) Windows
4 2 (0.43%) Apple iOS
5 1 (0.21%) Red Hat Enterprise Linux
Processes & Methodologies
1 246 (52.34%) Agile
2 225 (47.87%) Asset Management
3 190 (40.43%) Investment Management
4 177 (37.66%) Software Engineering
5 60 (12.77%) DevOps
6 56 (11.91%) TDD
7 55 (11.70%) Analytics
8 52 (11.06%) Line Management
9 45 (9.57%) Greeks
10 43 (9.15%) Mentoring
11 42 (8.94%) Mathematics
12 40 (8.51%) Computer Science
12 40 (8.51%) Electronic Trading
13 37 (7.87%) CI/CD
14 35 (7.45%) Fintech
14 35 (7.45%) Risk Management
15 32 (6.81%) Test Automation
16 29 (6.17%) Artificial Intelligence
16 29 (6.17%) Machine Learning
17 28 (5.96%) Full Stack Development
Programming Languages
1 272 (57.87%) Python
2 185 (39.36%) Java
3 156 (33.19%) JavaScript
4 150 (31.91%) TypeScript
5 146 (31.06%) SQL
6 102 (21.70%) C#
7 63 (13.40%) C++
8 19 (4.04%) R
9 14 (2.98%) Scala
10 12 (2.55%) Rust
11 6 (1.28%) Ruby
12 5 (1.06%) PowerShell
12 5 (1.06%) VBA
13 4 (0.85%) Bicep
14 3 (0.64%) Perl
15 2 (0.43%) Haskell
16 1 (0.21%) Bash
16 1 (0.21%) C
16 1 (0.21%) Groovy
16 1 (0.21%) Shell Script
Qualifications
1 58 (12.34%) Degree
2 20 (4.26%) Numerate Degree
3 19 (4.04%) Computer Science Degree
4 16 (3.40%) Master's Degree
5 3 (0.64%) PhD
6 2 (0.43%) CISA
6 2 (0.43%) CISM
6 2 (0.43%) CISSP
7 1 (0.21%) APMP
Quality Assurance & Compliance
1 47 (10.00%) Data Quality
2 41 (8.72%) QA
3 11 (2.34%) EMIR
3 11 (2.34%) MiFID
4 7 (1.49%) Dodd-Frank
5 3 (0.64%) SEPA
6 2 (0.43%) GAAP
7 1 (0.21%) Basel III
7 1 (0.21%) IFRS
7 1 (0.21%) PMO
System Software
1 8 (1.70%) Docker
Systems Management
1 12 (2.55%) 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 45 (9.57%) Bloomberg
2 26 (5.53%) ION Trading
3 18 (3.83%) Oracle
4 12 (2.55%) BISAM
4 12 (2.55%) Tradeweb
5 11 (2.34%) MarketAxess
6 7 (1.49%) Microsoft
7 6 (1.28%) Murex
8 5 (1.06%) Databricks
8 5 (1.06%) Dynatrace
8 5 (1.06%) IBM
9 3 (0.64%) Atlassian
9 3 (0.64%) Calypso
9 3 (0.64%) Refinitiv
10 2 (0.43%) CA Agile Central
10 2 (0.43%) Charles River
11 1 (0.21%) Confluent
11 1 (0.21%) Informatica
11 1 (0.21%) Red Hat
11 1 (0.21%) SimCorp