Equity Derivative Contracts

Equity Derivatives
UK

The table below looks at the prevalence of the term Equity Derivative in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Equity Derivative over the 6 months to 20 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
20 May 2024
Same period 2023 Same period 2022
Rank 533 658 795
Rank change year-on-year +125 +137 -183
Contract jobs citing Equity Derivative 46 36 68
As % of all contract jobs advertised in the UK 0.11% 0.063% 0.077%
As % of the Miscellaneous category 0.36% 0.19% 0.23%
Number of daily rates quoted 45 28 49
10th Percentile - £490 £544
25th Percentile £600 £644 £600
Median daily rate (50th Percentile) £700 £775 £650
Median % change year-on-year -9.68% +19.23% +8.33%
75th Percentile £813 £813 £725
90th Percentile £1,210 £845 £740
UK excluding London median daily rate - £691 -

All Generic Skills
UK

Equity 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 with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 12,902 19,052 29,287
As % of all contract IT jobs advertised in the UK 30.33% 33.27% 33.16%
Number of daily rates quoted 8,318 13,115 20,490
10th Percentile £267 £313 £313
25th Percentile £413 £450 £438
Median daily rate (50th Percentile) £540 £550 £550
Median % change year-on-year -1.82% - +10.00%
75th Percentile £663 £680 £660
90th Percentile £800 £800 £763
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +8.57%
Number of hourly rates quoted 897 626 721
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.17 £10.63 £17.00
Median hourly rate £31.50 £22.26 £27.00
Median % change year-on-year +41.54% -17.57% +3.85%
75th Percentile £61.30 £62.25 £50.00
90th Percentile £70.00 £75.00 £65.76
UK excluding London median hourly rate £30.00 £22.00 £21.00
% change year-on-year +36.36% +4.76% -10.83%

Equity Derivative
Job Vacancy Trend

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

Job vacancy trend for Equity Derivative in the UK

Equity Derivative
Contractor Daily Rate Trend

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

Daily rate trend for Equity Derivative in the UK

Equity Derivative
Daily Rate Histogram

Daily rate distribution for jobs citing Equity Derivative over the 6 months to 20 May 2024.

Daily rate histogram for Equity Derivative in the UK

Equity Derivative
Contractor Hourly Rate Trend

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

Hourly rate trend for Equity Derivative in the UK

Equity Derivative
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 Equity Derivative within the UK over the 6 months to 20 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
England +132 46 £700 -10.83% 16
London +119 45 £700 -10.83% 14
Work from Home +138 37 £700 -5.88% 1

Equity Derivative
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:

Applications
1 11 (23.91%) Microsoft Excel
Cloud Services
1 8 (17.39%) Azure
2 4 (8.70%) AWS
3 2 (4.35%) npm
3 2 (4.35%) Yarn
Database & Business Intelligence
1 11 (23.91%) SQL Server
2 4 (8.70%) PostgreSQL
2 4 (8.70%) Relational Database
3 1 (2.17%) KDB
Development Applications
1 2 (4.35%) Babel
1 2 (4.35%) Visual Studio
1 2 (4.35%) webpack
2 1 (2.17%) JIRA
General
1 25 (54.35%) Front Office
2 24 (52.17%) Banking
3 23 (50.00%) Finance
4 20 (43.48%) Investment Banking
5 4 (8.70%) Social Skills
6 3 (6.52%) Analytical Skills
6 3 (6.52%) Prime Brokerage
7 2 (4.35%) Synthetic Prime Brokerage
8 1 (2.17%) Back Office
Job Titles
1 39 (84.78%) Developer
2 22 (47.83%) Front Office Developer
3 15 (32.61%) C# Developer
4 14 (30.43%) Java Developer
5 13 (28.26%) Investment Banking Java Developer
6 10 (21.74%) C++ Developer
7 8 (17.39%) Low Latency C++ Developer
8 5 (10.87%) Analyst
9 4 (8.70%) C# Developer - Investment Banking
10 3 (6.52%) Qualitative Analyst
10 3 (6.52%) Quantitative Analyst
10 3 (6.52%) RAD Developer
10 3 (6.52%) Senior
11 2 (4.35%) Business Analyst
11 2 (4.35%) C++ Quantitative Developer
11 2 (4.35%) Project Manager
11 2 (4.35%) Quantitative Developer
11 2 (4.35%) Quantitative Risk Analyst
11 2 (4.35%) Risk Analyst
11 2 (4.35%) Senior Developer
Libraries, Frameworks & Software Standards
1 4 (8.70%) .NET
1 4 (8.70%) Node.js
1 4 (8.70%) WPF
2 2 (4.35%) .NET Framework
2 2 (4.35%) FIX Protocol
3 1 (2.17%) AngularJS
3 1 (2.17%) Material-UI
3 1 (2.17%) Middleware
3 1 (2.17%) React
3 1 (2.17%) REST
3 1 (2.17%) WebSockets
Miscellaneous
1 43 (93.48%) Derivative
2 12 (26.09%) Algorithms
3 9 (19.57%) Distributed Systems
4 8 (17.39%) Equities
4 8 (17.39%) Hedge funds
5 4 (8.70%) Fixed Income
5 4 (8.70%) Foreign Exchange (FX)
6 2 (4.35%) Distributed Computing
6 2 (4.35%) Market Risk
7 1 (2.17%) Data Protection Act
7 1 (2.17%) Data Structures
7 1 (2.17%) Grid Computing
7 1 (2.17%) Synthetic Equity
Processes & Methodologies
1 14 (30.43%) RAD
2 10 (21.74%) Mathematics
3 9 (19.57%) Multithreading
4 8 (17.39%) Algorithmic Trading
4 8 (17.39%) Analytics
4 8 (17.39%) Greeks
4 8 (17.39%) Low Latency
4 8 (17.39%) Requirements Gathering
4 8 (17.39%) Risk Management
4 8 (17.39%) Systematic Trading
5 7 (15.22%) Agile
6 6 (13.04%) CI/CD
7 4 (8.70%) Clean Code
7 4 (8.70%) Design Patterns
7 4 (8.70%) OO
7 4 (8.70%) OOD
7 4 (8.70%) TDD
8 3 (6.52%) Project Management
8 3 (6.52%) Web Development
9 2 (4.35%) Physics
Programming Languages
1 19 (41.30%) C#
2 18 (39.13%) Java
3 17 (36.96%) C++
4 15 (32.61%) Python
5 11 (23.91%) SQL
6 3 (6.52%) VBA
7 2 (4.35%) JavaScript
8 1 (2.17%) TypeScript
Qualifications
1 4 (8.70%) Degree
2 2 (4.35%) Computer Science Degree
2 2 (4.35%) Numerate Degree
Quality Assurance & Compliance
1 5 (10.87%) MiFID
2 1 (2.17%) EMIR
Vendors
1 5 (10.87%) Oracle