The table below looks at the prevalence of the term Interest Rate Derivative in IT contracts advertised for the City of London region. Included is a guide to the contractor rates offered in IT contracts that have cited Interest Rate Derivative over the 3 months to 25 July 2016 with a comparison to the same period over the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

3 months to
25 Jul 2016
Same period 2015 Same period 2014
Interest Rate Derivatives
Rank - 186 193
Contract jobs citing Interest Rate Derivative 0 25 8
As % of all contract IT jobs located in the City of London - 0.42% 0.14%
As % of the Miscellaneous category - 1.09% 0.36%
Number of daily rates quoted 0 23 7
Median daily rate - £625 £550
Median daily rate % change year-on-year
- +13.63%
UK excluding London median daily rate - £600 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Interest Rate Derivative
London

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the City of London region.

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
1370 2287 2236
As % of all contract IT jobs located in the City of London 40.18% 38.61% 38.53%
Number of daily rates quoted 1107 1833 1615
Median daily rate £465 £475 £475
Median daily rate % change year-on-year
-2.10% -
90% offered a daily rate of more than £325 £300 £275
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 11 41 45
Median hourly rate £12.50 £20.00 £20.19
Median hourly rate % change year-on-year
-37.50% -0.92%
UK excluding London median hourly rate £21.50 £18.00 £20.50
% change year-on-year
+19.44% -12.19%

Interest Rate Derivative
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Interest Rate Derivative as a proportion of all IT contracts with a match in the Miscellaneous category.

Interest Rate Derivative Jobs Demand Trend in the City of London

Interest Rate Derivative
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Interest Rate Derivative across the City of London region.

Interest Rate Derivative Daily Rate Trend in the City of London

Interest Rate Derivative
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Interest Rate Derivative across the City of London region.

Interest Rate Derivative Hourly Rate Trend in the City of London

Interest Rate Derivative
Top 21 Related IT Skills in the City of London

For the 6 months to 25 July 2016, IT contractor jobs citing Interest Rate Derivative also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Interest Rate Derivative.

1 2 (100.00%) SQL
1 2 (100.00%) Banking
1 2 (100.00%) Fixed Income
2 1 (50.00%) Agile Software Development
2 1 (50.00%) C#
2 1 (50.00%) Investment Banking
2 1 (50.00%) SQL Server 2005
2 1 (50.00%) Derivative
2 1 (50.00%) Degree
2 1 (50.00%) Computer Science
2 1 (50.00%) WPF
2 1 (50.00%) SQL Server 2008
2 1 (50.00%) .NET
2 1 (50.00%) SQL Server
2 1 (50.00%) ASP.NET
2 1 (50.00%) Project Management
2 1 (50.00%) Front Office
2 1 (50.00%) Back Office
2 1 (50.00%) Risk Management
2 1 (50.00%) Finance
2 1 (50.00%) Migration

Interest Rate Derivative
Top Related IT Skills in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Database & Business Intelligence
1 1 (50.00%) SQL Server
1 1 (50.00%) SQL Server 2005
1 1 (50.00%) SQL Server 2008
General
1 2 (100.00%) Banking
2 1 (50.00%) Back Office
2 1 (50.00%) Finance
2 1 (50.00%) Front Office
2 1 (50.00%) Investment Banking
Job Titles
1 1 (50.00%) C# Developer
1 1 (50.00%) C# WPF Developer
1 1 (50.00%) Derivatives Project Manager
1 1 (50.00%) Developer
1 1 (50.00%) IT Manager
1 1 (50.00%) IT Project Manager
1 1 (50.00%) Project Manager
1 1 (50.00%) Senior C# Developer
1 1 (50.00%) Senior Developer
1 1 (50.00%) Senior WPF Developer
1 1 (50.00%) WPF Developer
Libraries, Frameworks & Software Standards
1 1 (50.00%) .NET
1 1 (50.00%) ASP.NET
1 1 (50.00%) WPF
Miscellaneous
1 2 (100.00%) Fixed Income
2 1 (50.00%) Computer Science
2 1 (50.00%) Derivative
Processes & Methodologies
1 1 (50.00%) Agile Software Development
1 1 (50.00%) Migration
1 1 (50.00%) Project Management
1 1 (50.00%) Risk Management
Programming Languages
1 2 (100.00%) SQL
2 1 (50.00%) C#
Qualifications
1 1 (50.00%) Degree