OTC Derivatives Contracts in England

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

The table below looks at the prevalence of the term OTC Derivatives in contract job vacancies advertised in England. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited OTC Derivatives 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 541 595 717
Rank change year-on-year +54 +122 -80
Contract jobs citing OTC Derivatives 10 42 60
As % of all contract jobs advertised in England 0.027% 0.088% 0.085%
As % of the Miscellaneous category 0.089% 0.26% 0.25%
Number of daily rates quoted 9 36 57
10th Percentile £641 - £590
25th Percentile - £550 £638
Median daily rate (50th Percentile) £650 £663 £700
Median % change year-on-year -1.89% -5.36% +0.36%
75th Percentile £706 £800 £750
90th Percentile £748 £873 £838
UK median daily rate £650 £663 £700
% change year-on-year -1.89% -5.36% +0.36%

All Generic Skills
England

OTC Derivatives 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 advertised in England with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 11,251 16,013 23,880
As % of all contract IT jobs advertised in England 30.49% 33.73% 33.87%
Number of daily rates quoted 7,319 11,173 17,077
10th Percentile £270 £313 £313
25th Percentile £415 £450 £443
Median daily rate (50th Percentile) £550 £570 £550
Median % change year-on-year -3.51% +3.64% +10.00%
75th Percentile £675 £695 £675
90th Percentile £800 £800 £775
UK median daily rate £538 £550 £550
% change year-on-year -2.18% - +10.00%
Number of hourly rates quoted 834 558 608
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.19 £10.63 £17.38
Median hourly rate £36.00 £22.49 £26.14
Median % change year-on-year +60.11% -13.97% +2.49%
75th Percentile £62.38 £62.99 £49.25
90th Percentile £71.69 £75.00 £65.46
UK median hourly rate £35.00 £22.13 £26.98
% change year-on-year +58.19% -17.99% +5.80%

OTC Derivatives
Job Vacancy Trend in England

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

Job vacancy trend for OTC Derivatives in England

OTC Derivatives
Contractor Daily Rate Trend in England

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

Daily rate trend for OTC Derivatives in England

OTC Derivatives
Daily Rate Histogram in England

Daily rate distribution for jobs citing OTC Derivatives in England over the 6 months to 1 June 2024.

Daily rate histogram for OTC Derivatives in England

OTC Derivatives
Contractor Hourly Rate Trend in England

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

Hourly rate trend for OTC Derivatives in England

OTC Derivatives
Contract Job Locations in England

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 England region 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 +62 10 £650 -1.89% 9
OTC Derivatives
UK

OTC Derivatives
Co-occurring Skills and Capabilities in England 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