OTC Derivatives Contracts in London

Over-the-Counter (OTC) Derivatives
England > London

The table below looks at the prevalence of the term OTC Derivatives in contract job vacancies in London. Included is a benchmarking guide to the contractor rates offered in vacancies that cited OTC Derivatives 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 390 439 540
Rank change year-on-year +49 +101 -53
Contract jobs citing OTC Derivatives 10 43 64
As % of all contract jobs advertised in London 0.057% 0.17% 0.17%
As % of the Miscellaneous category 0.17% 0.48% 0.46%
Number of daily rates quoted 9 37 60
10th Percentile £641 - £598
25th Percentile - £550 £638
Median daily rate (50th Percentile) £650 £663 £706
Median % change year-on-year -1.89% -6.19% +5.41%
75th Percentile £706 £800 £750
90th Percentile £748 £869 £838
England median daily rate £650 £663 £706
% change year-on-year -1.89% -6.19% +5.41%

All Generic Skills
London

OTC Derivatives 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 London.

Contract vacancies with a requirement for generic IT skills 5,844 9,036 14,051
As % of all contract IT jobs advertised in London 33.05% 35.93% 36.50%
Number of daily rates quoted 4,106 6,567 10,276
10th Percentile £315 £364 £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 144 104 201
10th Percentile £15.45 £18.28 £17.13
25th Percentile £18.41 £21.24 £23.91
Median hourly rate £27.92 £34.81 £42.02
Median % change year-on-year -19.79% -17.16% +20.47%
75th Percentile £50.38 £60.94 £50.00
90th Percentile £71.25 £84.63 £67.50
England median hourly rate £36.50 £22.49 £26.50
% change year-on-year +62.33% -15.15% +6.00%

OTC Derivatives
Job Vacancy Trend in London

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

Job vacancy trend for OTC Derivatives in London

OTC Derivatives
Contractor Daily Rate Trend in London

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

Daily rate trend for OTC Derivatives in London

OTC Derivatives
Daily Rate Histogram in London

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

Daily rate histogram for OTC Derivatives in London

OTC Derivatives
Contractor Hourly Rate Trend in London

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

Hourly rate trend for OTC Derivatives in London

OTC Derivatives
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 OTC Derivatives within the 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
Central London +35 1 £608 -26.36% 1
OTC Derivatives
England

OTC Derivatives
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:

Database & Business Intelligence
1 5 (50.00%) Relational Database
General
1 9 (90.00%) Banking
2 8 (80.00%) Investment Banking
3 5 (50.00%) Front Office
4 4 (40.00%) Finance
5 3 (30.00%) Social Skills
6 1 (10.00%) Analytical Skills
6 1 (10.00%) Financial Institution
Job Titles
1 7 (70.00%) Analyst
2 5 (50.00%) Applications Support
2 5 (50.00%) Applications Support Analyst
2 5 (50.00%) SQL Analyst
2 5 (50.00%) SQL Support Analyst
2 5 (50.00%) Support Analyst
3 2 (20.00%) Business Analyst
4 1 (10.00%) Banking Analyst
4 1 (10.00%) Banking Business Analyst
4 1 (10.00%) Developer
4 1 (10.00%) Full Stack Engineer
4 1 (10.00%) Java Developer
4 1 (10.00%) Java Engineer
4 1 (10.00%) OTC Derivatives Developer
4 1 (10.00%) Product Manager
4 1 (10.00%) Regulatory Business Analyst
Libraries, Frameworks & Software Standards
1 1 (10.00%) FpML
1 1 (10.00%) XML
Miscellaneous
1 10 (100.00%) Derivative
2 1 (10.00%) DTCC
Operating Systems
1 5 (50.00%) Linux
1 5 (50.00%) Windows
Processes & Methodologies
1 6 (60.00%) Risk Management
2 5 (50.00%) Data Management
2 5 (50.00%) DevOps
2 5 (50.00%) Incident Management
2 5 (50.00%) Proactive Monitoring
2 5 (50.00%) Release Management
2 5 (50.00%) Root Cause Analysis
3 1 (10.00%) Code Quality
3 1 (10.00%) Collaborative Culture
3 1 (10.00%) Computer Science
3 1 (10.00%) Cross-Platform Development
3 1 (10.00%) Full Stack Development
3 1 (10.00%) Problem-Solving
3 1 (10.00%) Regulatory Change
Programming Languages
1 6 (60.00%) SQL
2 5 (50.00%) PowerShell
2 5 (50.00%) Python
3 2 (20.00%) Java
4 1 (10.00%) C#
Qualifications
1 1 (10.00%) Computer Science Degree
1 1 (10.00%) Degree
Quality Assurance & Compliance
1 2 (20.00%) EMIR
2 1 (10.00%) Dodd-Frank
2 1 (10.00%) QA
Systems Management
1 5 (50.00%) Grafana
1 5 (50.00%) ITRS Geneos
Vendors
1 5 (50.00%) Dynatrace
1 5 (50.00%) IBM