Prime Brokerage Contracts

Prime Brokerage
UK

The table below looks at the prevalence of the term Prime Brokerage in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Prime Brokerage 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 557 635 826
Rank change year-on-year +78 +191 -124
Contract jobs citing Prime Brokerage 18 47 12
As % of all contract jobs advertised in the UK 0.042% 0.084% 0.014%
As % of the General category 0.073% 0.14% 0.024%
Number of daily rates quoted 18 39 9
10th Percentile £624 £593 -
25th Percentile £650 £813 £625
Median daily rate (50th Percentile) £688 £900 £713
Median % change year-on-year -23.61% +26.32% +18.75%
75th Percentile £750 £1,000 £780
90th Percentile £815 £1,300 £813
UK excluding London median daily rate - - £650
% change year-on-year - - +13.04%

All General Skills
UK

Prime Brokerage is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for common skills.

Contract vacancies with a requirement for common skills 24,753 32,807 49,724
As % of all contract IT jobs advertised in the UK 57.49% 58.53% 56.77%
Number of daily rates quoted 15,550 22,755 34,565
10th Percentile £275 £313 £325
25th Percentile £413 £438 £430
Median daily rate (50th Percentile) £525 £550 £540
Median % change year-on-year -4.55% +1.85% +8.00%
75th Percentile £650 £675 £650
90th Percentile £763 £775 £750
UK excluding London median daily rate £490 £500 £475
% change year-on-year -2.00% +5.26% +8.45%
Number of hourly rates quoted 1,984 981 1,390
10th Percentile £12.78 £13.41 £12.50
25th Percentile £15.50 £17.50 £15.00
Median hourly rate £30.00 £32.30 £22.50
Median % change year-on-year -7.12% +43.56% +4.65%
75th Percentile £52.50 £61.25 £47.36
90th Percentile £67.38 £72.50 £60.00
UK excluding London median hourly rate £28.42 £27.84 £19.50
% change year-on-year +2.08% +42.77% +2.63%

Prime Brokerage
Job Vacancy Trend

Job postings citing Prime Brokerage as a proportion of all IT jobs advertised.

Job vacancy trend for Prime Brokerage in the UK

Prime Brokerage
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Prime Brokerage.

Daily rate trend for Prime Brokerage in the UK

Prime Brokerage
Daily Rate Histogram

Daily rate distribution for jobs citing Prime Brokerage over the 6 months to 1 June 2024.

Daily rate histogram for Prime Brokerage in the UK

Prime Brokerage
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Prime Brokerage.

Hourly rate trend for Prime Brokerage in the UK

Prime Brokerage
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Prime Brokerage within the UK 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
London +65 18 £688 -23.61% 15
England +57 18 £688 -23.61% 15
Work from Home +110 4 £738 -13.24% 5

Prime Brokerage
Co-occurring Skills and Capabilities 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:

Database & Business Intelligence
1 1 (5.56%) SQL Server
Development Applications
1 7 (38.89%) Selenium
2 3 (16.67%) Cucumber
2 3 (16.67%) Jenkins
2 3 (16.67%) WebDriver
3 2 (11.11%) JIRA
4 1 (5.56%) Bitbucket
General
1 17 (94.44%) Banking
2 9 (50.00%) Synthetic Prime Brokerage
3 6 (33.33%) Finance
4 4 (22.22%) Investment Banking
5 3 (16.67%) Front Office
6 1 (5.56%) Social Skills
Job Titles
1 7 (38.89%) Automation Tester
1 7 (38.89%) Tester
2 4 (22.22%) Prime Brokerage Project Manager
2 4 (22.22%) Project Manager
3 3 (16.67%) Business Analyst
3 3 (16.67%) Test Manager
4 1 (5.56%) Analyst
4 1 (5.56%) Banking Analyst
4 1 (5.56%) Developer
4 1 (5.56%) Gloss Developer
4 1 (5.56%) Investment Banking Business Analyst
4 1 (5.56%) Regulatory Business Analyst
4 1 (5.56%) Regulatory Reporting Business Analyst
4 1 (5.56%) Report Analyst
Miscellaneous
1 13 (72.22%) Equities
2 4 (22.22%) Derivative
3 3 (16.67%) Equity Derivative
4 2 (11.11%) Hedge funds
5 1 (5.56%) Fixed Income
5 1 (5.56%) Synthetic Equity
Processes & Methodologies
1 9 (50.00%) Test Automation
2 4 (22.22%) Agile
3 3 (16.67%) Project Management
4 2 (11.11%) Collateral Management
4 2 (11.11%) System Integration Testing
4 2 (11.11%) Test Strategy
4 2 (11.11%) User Acceptance Testing
5 1 (5.56%) Stakeholder Management
5 1 (5.56%) Test Management
Programming Languages
1 7 (38.89%) Java
2 4 (22.22%) C#
3 1 (5.56%) SQL
Qualifications
1 1 (5.56%) Degree
1 1 (5.56%) ISEB
Quality Assurance & Compliance
1 3 (16.67%) EMIR
1 3 (16.67%) MiFID
1 3 (16.67%) QA
Vendors
1 1 (5.56%) Microsoft