Synthetic Equity Contracts

Synthetic Equities
UK

The table below looks at the prevalence of the term Synthetic Equity in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Synthetic Equity 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 583 - 847
Rank change year-on-year - - -116
Contract jobs citing Synthetic Equity 1 0 1
As % of all contract jobs advertised in the UK 0.002% - 0.001%
As % of the Miscellaneous category 0.008% - 0.003%
Number of daily rates quoted 1 0 0
10th Percentile - - -
25th Percentile £650 - -
Median daily rate (50th Percentile) £700 - -
75th Percentile £750 - -
90th Percentile - - -
UK excluding London median daily rate - - -

All Generic Skills
UK

Synthetic Equity 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.

Contract vacancies with a requirement for generic IT skills 13,045 18,435 29,015
As % of all contract IT jobs advertised in the UK 29.87% 33.19% 33.29%
Number of daily rates quoted 8,307 12,697 20,403
10th Percentile £275 £310 £315
25th Percentile £413 £446 £440
Median daily rate (50th Percentile) £538 £550 £550
Median % change year-on-year -2.27% - +10.00%
75th Percentile £663 £678 £663
90th Percentile £800 £800 £775
UK excluding London median daily rate £500 £500 £488
% change year-on-year - +2.56% +11.43%
Number of hourly rates quoted 939 605 684
10th Percentile £12.25 £9.80 £14.29
25th Percentile £15.39 £10.63 £17.50
Median hourly rate £35.65 £22.26 £27.00
Median % change year-on-year +60.15% -17.56% +8.00%
75th Percentile £61.40 £58.75 £50.77
90th Percentile £71.88 £75.00 £65.76
UK excluding London median hourly rate £35.25 £22.00 £21.50
% change year-on-year +60.23% +2.33% -4.44%

Synthetic Equity
Job Vacancy Trend

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

Job vacancy trend for Synthetic Equity in the UK

Synthetic Equity
Contractor Daily Rate Trend

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

Daily rate trend for Synthetic Equity in the UK

Synthetic Equity
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Synthetic Equity within the UK 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
London - 1 £700 -
England - 1 £700 -

Synthetic Equity
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:

Development Applications
1 1 (100.00%) JIRA
General
1 1 (100.00%) Banking
1 1 (100.00%) Investment Banking
1 1 (100.00%) Prime Brokerage
1 1 (100.00%) Social Skills
Job Titles
1 1 (100.00%) Analyst
1 1 (100.00%) Banking Analyst
1 1 (100.00%) Business Analyst
1 1 (100.00%) Investment Banking Business Analyst
1 1 (100.00%) Regulatory Business Analyst
1 1 (100.00%) Regulatory Reporting Business Analyst
1 1 (100.00%) Report Analyst
Miscellaneous
1 1 (100.00%) Equities
1 1 (100.00%) Equity Derivative
Processes & Methodologies
1 1 (100.00%) Project Management
Programming Languages
1 1 (100.00%) SQL
Quality Assurance & Compliance
1 1 (100.00%) EMIR
1 1 (100.00%) MiFID