Derivative Contracts in the North West

Derivatives
England > North West

The table below looks at the prevalence of the term Derivative in contract job vacancies in the North West. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Derivative 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 129 149 180
Rank change year-on-year +20 +31 -35
Contract jobs citing Derivative 6 1 2
As % of all contract jobs advertised in the North West 0.21% 0.033% 0.050%
As % of the Miscellaneous category 0.86% 0.10% 0.14%
Number of daily rates quoted 4 0 2
10th Percentile £504 - -
25th Percentile £566 - £513
Median daily rate (50th Percentile) £638 - £525
75th Percentile £667 - £538
90th Percentile £687 - -
England median daily rate £800 £725 £675
% change year-on-year +10.34% +7.41% +8.00%

All Generic Skills
North West

Derivative 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 the North West.

Contract vacancies with a requirement for generic IT skills 695 967 1,410
As % of all contract IT jobs advertised in the North West 24.89% 32.10% 35.00%
Number of daily rates quoted 437 633 1,075
10th Percentile £292 £295 £210
25th Percentile £413 £400 £355
Median daily rate (50th Percentile) £493 £500 £475
Median % change year-on-year -1.40% +5.26% +16.71%
75th Percentile £581 £606 £588
90th Percentile £690 £675 £675
England median daily rate £550 £565 £550
% change year-on-year -2.65% +2.73% +10.00%
Number of hourly rates quoted 72 39 56
10th Percentile £13.00 £16.50 £11.63
25th Percentile £15.00 £20.11 £14.25
Median hourly rate £25.25 £27.50 £19.25
Median % change year-on-year -8.18% +42.86% +7.24%
75th Percentile £39.06 £58.18 £27.25
90th Percentile £57.50 £67.60 £61.88
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 the North West

Job postings citing Derivative as a proportion of all IT jobs advertised in the North West.

Job vacancy trend for Derivative in the North West

Derivative
Contractor Daily Rate Trend in the North West

3-month moving average daily rate quoted in jobs citing Derivative in the North West.

Daily rate trend for Derivative in the North West

Derivative
Daily Rate Histogram in the North West

Daily rate distribution for jobs citing Derivative in the North West over the 6 months to 12 June 2024.

Daily rate histogram for Derivative in the North West

Derivative
Contractor Hourly Rate Trend in the North West

3-month moving average hourly rates quoted in jobs citing Derivative in the North West.

Hourly rate trend for Derivative in the North West

Derivative
Contract Job Locations in the North West

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Derivative within the North West 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
Manchester +12 3 £638 -
Cheshire - 3 £475 - 1
Derivative
England

Derivative
Co-occurring Skills and Capabilities in the North West 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:

Development Applications
1 1 (16.67%) JIRA
General
1 5 (83.33%) Finance
2 4 (66.67%) Analytical Skills
2 4 (66.67%) Social Skills
3 2 (33.33%) Banking
Job Titles
1 3 (50.00%) Developer
1 3 (50.00%) Java Developer
2 2 (33.33%) Analyst
2 2 (33.33%) Operational Risk Analyst
2 2 (33.33%) Operations Analyst
2 2 (33.33%) Risk Analyst
2 2 (33.33%) Senior
2 2 (33.33%) Senior Developer
2 2 (33.33%) Senior Java Developer
3 1 (16.67%) Consultant
3 1 (16.67%) Electronic Trading Developer
3 1 (16.67%) Electronic Trading Java Developer
3 1 (16.67%) Low Latency Java Developer
Libraries, Frameworks & Software Standards
1 3 (50.00%) Spring
Miscellaneous
1 3 (50.00%) Algorithms
1 3 (50.00%) Data Structures
2 2 (33.33%) Equities
2 2 (33.33%) Foreign Exchange (FX)
2 2 (33.33%) Self-Motivation
3 1 (16.67%) ASIC
3 1 (16.67%) Fixed Income
Operating Systems
1 3 (50.00%) Linux
1 3 (50.00%) Unix
Processes & Methodologies
1 4 (66.67%) Problem-Solving
2 3 (50.00%) Design Patterns
2 3 (50.00%) Low Latency
2 3 (50.00%) Microservices
2 3 (50.00%) OOP
2 3 (50.00%) Performance Tuning
2 3 (50.00%) TDD
3 2 (33.33%) Multithreading
3 2 (33.33%) OO
3 2 (33.33%) Process Management
3 2 (33.33%) Remediation Plan
3 2 (33.33%) Risk Management
3 2 (33.33%) Stakeholder Management
4 1 (16.67%) Computer Science
4 1 (16.67%) Electronic Trading
4 1 (16.67%) Mathematics
4 1 (16.67%) Regulatory Change
4 1 (16.67%) Test Scripting
Programming Languages
1 3 (50.00%) Java
Qualifications
1 2 (33.33%) Degree
Quality Assurance & Compliance
1 1 (16.67%) EMIR