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This section looks at the demand for Interest Rate Derivatives skills within the Docklands, 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 25 July 2008 with a comparison to the same period last year.

LinkInterest Rate Derivatives
Location
3 months to 25 Jul 2008Same period last year
Rank4477
Rank change on same period last yearUp+33
Matching contract IT job ads2620
As % of all UK contract IT job ads sampled0.035 %0.020 %
As % of the category below5.923 %2.554 %
Daily rates quoted256
Average minimum daily rate£538£558
Average daily rate£583£621
% change on same period last year-6.17 %
Average maximum daily rate£627£683
UK excluding London average daily rate-£428
% 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-
Docklands, London IT Contractor Job Market, MiscellaneousMiscellaneous
Docklands, London
Matching contract IT job ads439783
As % of all UK contract IT job ads sampled0.585 %0.792 %
Daily rates quoted297392
Average minimum daily rate£528£498
Average daily rate£573£538
% change on same period last year+6.37 %
Average maximum daily rate£618£579
UK excluding London average daily rate£352£354
% change on same period last year-0.56 %
Hourly rates quoted112
Average minimum hourly rate£25.00£19.31
Average hourly rate£27.50£20.16
% change on same period last year+36.43 %
Average maximum hourly rate£30.00£21.00
UK excluding London average hourly rate£24.44£29.20
% change on same period last year-16.30 %
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 Docklands, London region as a proportion of the total demand within the Miscellaneous category.

Docklands, 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 Docklands, London region.

Docklands, 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 Docklands, London region over the 3 months to 25 July 2008.

Docklands, 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 Docklands, London region.

Docklands, London Interest Rate Derivative Hourly Rate Trend

Interest Rate Derivative
Top 30 Related IT Skills

For the 6 months to 25 July 2008, IT contractor jobs across the Docklands, 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.

156 (100.00 %)Derivative
228 (50.00 %)Banking
327 (48.21 %)Front Office
420 (35.71 %)Investment Banking
519 (33.93 %)Back Office
616 (28.57 %)C++
714 (25.00 %)Calypso
714 (25.00 %)Foreign Exchange (FX)
813 (23.21 %)Java
911 (19.64 %)FpML
911 (19.64 %)Credit Derivative
911 (19.64 %)Business Analysis
109 (16.07 %)Risk Management
118 (14.29 %)SQL
118 (14.29 %)Degree
127 (12.50 %)User Acceptance Testing
136 (10.71 %)XML
136 (10.71 %)Bloomberg
145 (8.929 %)Fixed Income
145 (8.929 %)UNIX
145 (8.929 %)Sybase
145 (8.929 %)J2EE
154 (7.143 %)JUnit
154 (7.143 %)ClearCase
154 (7.143 %)Spring
163 (5.357 %)Windows
163 (5.357 %)XSLT
163 (5.357 %)Oracle
163 (5.357 %)Workflow
163 (5.357 %)Finance

Interest Rate Derivative
Top Related IT Skills by Category

For the 6 months to 25 July 2008, IT contractor jobs across the Docklands, 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.

Docklands, London IT Contractor Job Market, Application DevelopmentApplication Development
111 (19.64 %)FpML
26 (10.71 %)XML
35 (8.929 %)J2EE
44 (7.143 %)Spring
53 (5.357 %)XSLT
62 (3.571 %)Middleware
Docklands, London IT Contractor Job Market, Application PlatformsApplication Platforms
12 (3.571 %)MQSeries
Docklands, London IT Contractor Job Market, Business ApplicationsBusiness Applications
11 (1.786 %)Summit
Docklands, London IT Contractor Job Market, Development ApplicationsDevelopment Applications
14 (7.143 %)JUnit
14 (7.143 %)ClearCase
Docklands, London IT Contractor Job Market, GeneralGeneral
128 (50.00 %)Banking
227 (48.21 %)Front Office
320 (35.71 %)Investment Banking
419 (33.93 %)Back Office
53 (5.357 %)Finance
Docklands, London IT Contractor Job Market, Job TitlesJob Titles
140 (71.43 %)Analyst
229 (51.79 %)Business Analyst
318 (32.14 %)Developer
411 (19.64 %)Investment Banking Business Analyst
57 (12.50 %)Java Developer
57 (12.50 %)C++ Developer
57 (12.50 %)Analyst Developer
66 (10.71 %)Senior Developer
66 (10.71 %)Senior Java Developer
75 (8.929 %)Project Manager
83 (5.357 %)Calypso Developer
92 (3.571 %)Senior Programmer
92 (3.571 %)Analyst Programmer
92 (3.571 %)Programmer
92 (3.571 %)Senior Analyst
92 (3.571 %)Systems Analyst
92 (3.571 %)Senior Analyst Programmer
101 (1.786 %)Summit Developer
101 (1.786 %)Operations Analyst
101 (1.786 %)J2EE Developer
Docklands, London IT Contractor Job Market, MiscellaneousMiscellaneous
156 (100.00 %)Derivative
214 (25.00 %)Foreign Exchange (FX)
311 (19.64 %)Credit Derivative
45 (8.929 %)Fixed Income
52 (3.571 %)Equity Derivative
52 (3.571 %)Mathematics
52 (3.571 %)Physics
61 (1.786 %)Grid Computing
Docklands, London IT Contractor Job Market, Operating SystemsOperating Systems
15 (8.929 %)UNIX
23 (5.357 %)Windows
Docklands, London IT Contractor Job Market, Processes & MethodologiesProcesses & Methodologies
111 (19.64 %)Business Analysis
29 (16.07 %)Risk Management
37 (12.50 %)User Acceptance Testing
43 (5.357 %)Workflow
52 (3.571 %)Monte Carlo Method
52 (3.571 %)Greeks
52 (3.571 %)Black-Scholes
61 (1.786 %)UML
61 (1.786 %)Test Scripting
Docklands, London IT Contractor Job Market, Programming LanguagesProgramming Languages
116 (28.57 %)C++
213 (23.21 %)Java
38 (14.29 %)SQL
41 (1.786 %)C
Docklands, London IT Contractor Job Market, QualificationsQualifications
18 (14.29 %)Degree
Docklands, London IT Contractor Job Market, VendorsVendors
114 (25.00 %)Calypso
26 (10.71 %)Bloomberg
35 (8.929 %)Sybase
43 (5.357 %)Oracle
52 (3.571 %)DataSynapse
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