Permanent IT Jobs Contract IT Jobs
Job Type
Source

This section looks at the demand for Interest Rate Derivatives skills within the City of London region with a comparison to our Miscellaneous category. Included is a guide to the contractor rates offered in IT jobs that have cited Interest Rate Derivative over the 3 months to 29 August 2008 with a comparison to the same period last year.

LinkInterest Rate Derivatives
Location
3 months to
29 Aug 2008
Same period last year
Rank9590
Rank change on same period last yearDown-5
Matching contract IT job ads152121
As % of all UK contract IT job ads sampled0.203 %0.121 %
As % of the category below4.892 %4.507 %
Daily rates quoted9864
Average minimum daily rate£541£572
Average daily rate£592£620
% change on same period last year-4.43 %
Average maximum daily rate£644£668
UK excluding London average daily rate-£406
% change on same period last year-
Hourly rates quoted00
Average minimum hourly rate--
Average hourly rate--
% change on same period last year-
Average maximum hourly rate--
UK excluding London average hourly rate--
% change on same period last year-
City of London IT Contractor Job Market, MiscellaneousMiscellaneous
City of London
Matching contract IT job ads31072685
As % of all UK contract IT job ads sampled4.141 %2.679 %
Daily rates quoted19331266
Average minimum daily rate£472£498
Average daily rate£519£539
% change on same period last year-3.70 %
Average maximum daily rate£566£581
UK excluding London average daily rate£350£353
% change on same period last year-0.63 %
Hourly rates quoted5747
Average minimum hourly rate£19.74£24.10
Average hourly rate£21.46£25.42
% change on same period last year-15.59 %
Average maximum hourly rate£23.18£26.75
UK excluding London average hourly rate£25.01£28.53
% change on same period last year-12.34 %
Interest Rate Derivative LondonInterest Rate Derivative
London

We calculate average IT contractor rates directly from the figures quoted and do not attempt to derive hourly rates from daily rates or vice versa.

Interest Rate Derivative
Demand Trend

The chart provides a 3-month moving total beginning in 2004 of IT contractor jobs citing Interest Rate Derivative across the City of London region as a proportion of the total demand within the Miscellaneous category.

City of London Interest Rate Derivative Demand Trend

Interest Rate Derivative
Daily Rate Trend

The 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.

City of London Interest Rate Derivative Daily Rate Trend

Interest Rate Derivative
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Interest Rate Derivative across the City of London region over the 3 months to 29 August 2008.

City of London Interest Rate Derivative Daily Rate Histogram

Interest Rate Derivative
Hourly Rate Trend

The 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.

City of London Interest Rate Derivative Hourly Rate Trend

Interest Rate Derivative
Top 30 Related IT Skills

For the 6 months to 29 August 2008, IT contractor jobs across the City of London region citing Interest Rate Derivative also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Interest Rate Derivative.

1266 (90.17 %)Derivative
2158 (53.56 %)Banking
3132 (44.75 %)Investment Banking
4114 (38.64 %)Finance
598 (33.22 %)Front Office
687 (29.49 %)Foreign Exchange (FX)
777 (26.10 %)Credit Derivative
858 (19.66 %)Migration
957 (19.32 %)Java
1053 (17.97 %)Fixed Income
1146 (15.59 %)Back Office
1244 (14.92 %)C++
1343 (14.58 %)Business Analysis
1436 (12.20 %)UNIX
1436 (12.20 %)Murex
1436 (12.20 %)Equity Derivative
1535 (11.86 %)Oracle
1632 (10.85 %)SQL
1731 (10.51 %)Project Management
1829 (9.831 %)Change Management
1927 (9.153 %)Equities
1927 (9.153 %)C#
2023 (7.797 %)Sybase
2121 (7.119 %)XML
2220 (6.780 %)Windows
2318 (6.102 %)Spring
2318 (6.102 %)VB
2318 (6.102 %)Risk Management
2417 (5.763 %)VBA
2417 (5.763 %)OO

Interest Rate Derivative
Top Related IT Skills by Category

For the 6 months to 29 August 2008, IT contractor jobs across the City of London region citing Interest Rate Derivative also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Interest Rate Derivative. Up to 20 skills are shown per category.

City of London IT Contractor Job Market, Application DevelopmentApplication Development
121 (7.119 %)XML
218 (6.102 %)Spring
313 (4.407 %)WebServices
412 (4.068 %)J2SE
511 (3.729 %).NET
69 (3.051 %)XSD
69 (3.051 %)Hibernate
76 (2.034 %)J2EE
76 (2.034 %)XML Schema
84 (1.356 %)SOAP
93 (1.017 %)XSLT
93 (1.017 %)CORBA
102 (0.678 %)Swing
102 (0.678 %)HTML
102 (0.678 %)EJB
102 (0.678 %)FpML
111 (0.339 %)Oracle Coherence
111 (0.339 %)Murex Flex
111 (0.339 %)WCF
111 (0.339 %)WPF
City of London IT Contractor Job Market, Application PlatformsApplication Platforms
12 (0.678 %)WebLogic
12 (0.678 %)Office Project Server
City of London IT Contractor Job Market, ApplicationsApplications
19 (3.051 %)MS Excel
26 (2.034 %)MS Office
33 (1.017 %)MS Project
42 (0.678 %)Spreadsheet
City of London IT Contractor Job Market, Business ApplicationsBusiness Applications
114 (4.746 %)Summit
23 (1.017 %)Oracle Applications
31 (0.339 %)Murex MxG2000
City of London IT Contractor Job Market, Communications & NetworkingCommunications & Networking
11 (0.339 %)Internet
City of London IT Contractor Job Market, Database & Business IntelligenceDatabase & Business Intelligence
115 (5.085 %)Reference Data
27 (2.373 %)SQL Server
27 (2.373 %)MS Access
35 (1.695 %)ETL
44 (1.356 %)Datawarehouse
53 (1.017 %)Oracle Reports
53 (1.017 %)Oracle 9i
62 (0.678 %)Oracle 10g
62 (0.678 %)Oracle 8/8i
71 (0.339 %)Crystal Reports
71 (0.339 %)RDBMS
71 (0.339 %)Data Mart
City of London IT Contractor Job Market, Development ApplicationsDevelopment Applications
115 (5.085 %)JUnit
26 (2.034 %)TestDirector
31 (0.339 %)QuickTest Pro
31 (0.339 %)Log4Net
31 (0.339 %)NUnit
31 (0.339 %)Eclipse
City of London IT Contractor Job Market, GeneralGeneral
1158 (53.56 %)Banking
2132 (44.75 %)Investment Banking
3114 (38.64 %)Finance
498 (33.22 %)Front Office
546 (15.59 %)Back Office
62 (0.678 %)International Banking
62 (0.678 %)Financial Institution
71 (0.339 %)Government
City of London IT Contractor Job Market, Job TitlesJob Titles
1156 (52.88 %)Analyst
2115 (38.98 %)Business Analyst
392 (31.19 %)Developer
441 (13.90 %)Java Developer
537 (12.54 %)Project Manager
622 (7.458 %)Murex Analyst
719 (6.441 %)Banking Business Analyst
817 (5.763 %)Investment Banking Business Analyst
916 (5.424 %)Support Analyst
1013 (4.407 %)Senior Developer
1013 (4.407 %)C++ Developer
1111 (3.729 %)Senior Java Developer
1210 (3.390 %)Excel Developer
1210 (3.390 %)C# Developer
138 (2.712 %)Senior Analyst
138 (2.712 %)Operations Analyst
147 (2.373 %)Access Developer
147 (2.373 %)Murex Business Analyst
147 (2.373 %)Murex Support
147 (2.373 %)Senior Business Analyst
City of London IT Contractor Job Market, MiscellaneousMiscellaneous
1266 (90.17 %)Derivative
287 (29.49 %)Foreign Exchange (FX)
377 (26.10 %)Credit Derivative
453 (17.97 %)Fixed Income
536 (12.20 %)Equity Derivative
627 (9.153 %)Equities
715 (5.085 %)Multithreading
89 (3.051 %)Grid Computing
97 (2.373 %)Management Information System
97 (2.373 %)Market Risk
105 (1.695 %)Credit Risk
114 (1.356 %)Exotic Derivative
114 (1.356 %)DTCC
122 (0.678 %)Mathematics
122 (0.678 %)PMI
131 (0.339 %)Economics
131 (0.339 %)Physics
131 (0.339 %)Computer Science
City of London IT Contractor Job Market, Operating SystemsOperating Systems
136 (12.20 %)UNIX
220 (6.780 %)Windows
31 (0.339 %)Solaris
31 (0.339 %)Linux
City of London IT Contractor Job Market, Processes & MethodologiesProcesses & Methodologies
158 (19.66 %)Migration
243 (14.58 %)Business Analysis
331 (10.51 %)Project Management
429 (9.831 %)Change Management
518 (6.102 %)Risk Management
617 (5.763 %)OO
716 (5.424 %)Data Migration
815 (5.085 %)User Acceptance Testing
913 (4.407 %)Agile Software Development
913 (4.407 %)OOD
913 (4.407 %)GAP Analysis
913 (4.407 %)Quality Management
107 (2.373 %)Project Planning
116 (2.034 %)Greeks
116 (2.034 %)Workflow
124 (1.356 %)BPR
124 (1.356 %)Black-Scholes
124 (1.356 %)Monte Carlo Method
133 (1.017 %)TDD
133 (1.017 %)Test Scripting
City of London IT Contractor Job Market, Programming LanguagesProgramming Languages
157 (19.32 %)Java
244 (14.92 %)C++
332 (10.85 %)SQL
427 (9.153 %)C#
518 (6.102 %)VB
617 (5.763 %)VBA
617 (5.763 %)Korn
714 (4.746 %)VC++
84 (1.356 %)C
93 (1.017 %)Perl
93 (1.017 %)PL/SQL
101 (0.339 %)Python
101 (0.339 %)Shell Script
101 (0.339 %)Transact-SQL
City of London IT Contractor Job Market, QualificationsQualifications
13 (1.017 %)Degree
22 (0.678 %)PMP
22 (0.678 %)PMI Certification
31 (0.339 %)PhD
31 (0.339 %)ITIL Certification
City of London IT Contractor Job Market, Quality Assurance & ComplianceQuality Assurance & Compliance
11 (0.339 %)Basel II
11 (0.339 %)QA
City of London IT Contractor Job Market, Systems ManagementSystems Management
116 (5.424 %)AutoSys
22 (0.678 %)CONTROL-M
City of London IT Contractor Job Market, VendorsVendors
136 (12.20 %)Murex
235 (11.86 %)Oracle
323 (7.797 %)Sybase
416 (5.424 %)Calypso
59 (3.051 %)Tangosol
67 (2.373 %)Microsoft
75 (1.695 %)Informatica
84 (1.356 %)Sophis
92 (0.678 %)Bloomberg