The table below looks at the prevalence of the term Interest Rate Derivative in IT contracts advertised for the England region. Included is a guide to the contractor rates offered in IT contracts that have cited Interest Rate Derivative over the 3 months to 23 February 2017 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
23 Feb 2017
Same period 2016 Same period 2015
Interest Rate Derivatives
UK / England
Rank 550 585 555
Rank change year-on-year
+35 -30
Contract jobs citing Interest Rate Derivative 23 25 37
As % of all contract IT jobs located in England 0.055% 0.052% 0.078%
As % of the Miscellaneous category 0.18% 0.17% 0.25%
Number of daily rates quoted 7 25 30
Median daily rate £625 £600 £563
Median daily rate % change year-on-year
+4.16% +6.66%
90% offered a daily rate of more than £485 £525 £448
10% offered a daily rate of more than £650 £870 £650
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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

Miscellaneous Category
England
Contract IT job ads with a match in the
Miscellaneous category
13011 14865 14548
As % of all contract IT jobs located in England 31.08% 31.13% 30.48%
Number of daily rates quoted 8433 9736 9095
Median daily rate £450 £425 £425
Median daily rate % change year-on-year
+5.88% -
90% offered a daily rate of more than £275 £250 £250
10% offered a daily rate of more than £625 £625 £600
UK excluding London median daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 517 540 602
Median hourly rate £20.00 £21.50 £18.38
Median hourly rate % change year-on-year
-6.97% +17.00%
90% offered a hourly rate of more than £11.33 £12.00 £11.55
10% offered a hourly rate of more than £47.50 £52.63 £40.00
UK excluding London median hourly rate £17.50 £22.54 £18.00
% change year-on-year
-22.36% +25.22%

Interest Rate Derivative
Jobs Demand Trend in England

The demand trend of contract jobs across the England 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 England

Interest Rate Derivative
Daily Rate Trend in England

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

Interest Rate Derivative Daily Rate Trend in England

Interest Rate Derivative
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing Interest Rate Derivative across the England region over the 3 months to 23 February 2017.

Interest Rate Derivative Daily Rate Histogram in England

Interest Rate Derivative
Hourly Rate Trend in England

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

Interest Rate Derivative Hourly Rate Trend in England

Interest Rate Derivative
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 Interest Rate Derivative within the England region over the 3 months to 23 February 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +11 23 £625 +4.16% 4
Interest Rate Derivative
UK

Interest Rate Derivative
Top 30 Related IT Skills in England

For the 6 months to 23 February 2017, 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 England region with a requirement for Interest Rate Derivative.

1 29 (80.56%) Derivative
2 24 (66.67%) Fixed Income
3 23 (63.89%) Front Office
4 18 (50.00%) SQL
5 17 (47.22%) Finance
6 16 (44.44%) Foreign Exchange (FX)
7 13 (36.11%) Murex
7 13 (36.11%) Unix
8 10 (27.78%) Perl
8 10 (27.78%) Java
8 10 (27.78%) Sybase
9 9 (25.00%) Murex MxML
9 9 (25.00%) Data Mart
10 7 (19.44%) Equities
10 7 (19.44%) Banking
10 7 (19.44%) Agile Software Development
10 7 (19.44%) Scala
10 7 (19.44%) Back Office
11 6 (16.67%) Akka
11 6 (16.67%) Kafka
11 6 (16.67%) MiFID
12 5 (13.89%) Swaptions
12 5 (13.89%) TDD
12 5 (13.89%) Maven
12 5 (13.89%) Investment Banking
12 5 (13.89%) Big Data
12 5 (13.89%) Test Automation
12 5 (13.89%) Linux
12 5 (13.89%) EMIR
12 5 (13.89%) Dodd-Frank

Interest Rate Derivative
Top Related IT Skills in England 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:

Application Platforms
1 4 (11.11%) Apache
1 4 (11.11%) Apache Spark
1 4 (11.11%) Oracle Coherence
Business Applications
1 1 (2.78%) Bloomberg TOMS
Database & Business Intelligence
1 9 (25.00%) Data Mart
2 5 (13.89%) Big Data
3 4 (11.11%) Apache Cassandra
3 4 (11.11%) Hadoop
3 4 (11.11%) HBase
3 4 (11.11%) MongoDB
3 4 (11.11%) NoSQL
3 4 (11.11%) Spark SQL
4 2 (5.56%) SQL Server
5 1 (2.78%) BusinessObjects
5 1 (2.78%) Data Warehouse
5 1 (2.78%) SQL Server 2008
Development Applications
1 5 (13.89%) Maven
2 4 (11.11%) Git (software)
3 1 (2.78%) JIRA
3 1 (2.78%) Subversion
3 1 (2.78%) TeamCity
General
1 23 (63.89%) Front Office
2 17 (47.22%) Finance
3 7 (19.44%) Back Office
3 7 (19.44%) Banking
4 5 (13.89%) Investment Banking
5 2 (5.56%) Legal
5 2 (5.56%) Retail
6 1 (2.78%) Corporate Banking
6 1 (2.78%) Financial Institution
6 1 (2.78%) Spanish Language
Job Titles
1 18 (50.00%) Analyst
2 12 (33.33%) Developer
3 10 (27.78%) FX Support Analyst
3 10 (27.78%) Support Analyst
4 9 (25.00%) Java Developer
4 9 (25.00%) Murex Analyst
4 9 (25.00%) Murex Support
4 9 (25.00%) Murex Support Analyst
5 7 (19.44%) Business Analyst
5 7 (19.44%) Java Scala Developer
5 7 (19.44%) Scala Developer
6 6 (16.67%) MiFID Business Analyst
7 4 (11.11%) Apache Spark Developer
7 4 (11.11%) Big Data Developer
7 4 (11.11%) Senior Big Data Developer
7 4 (11.11%) Senior Developer
7 4 (11.11%) Senior Java Developer
7 4 (11.11%) Senior Java Scala Developer
7 4 (11.11%) Senior Scala Developer
8 2 (5.56%) Front Office Developer
Libraries, Frameworks & Software Standards
1 9 (25.00%) Murex MxML
2 6 (16.67%) Akka
2 6 (16.67%) Kafka
3 4 (11.11%) JMS
4 2 (5.56%) HTML
4 2 (5.56%) HTML5
4 2 (5.56%) Middleware
5 1 (2.78%) .NET
5 1 (2.78%) FIX Protocol
5 1 (2.78%) Hibernate
5 1 (2.78%) Spring
5 1 (2.78%) WPF
Miscellaneous
1 29 (80.56%) Derivative
2 24 (66.67%) Fixed Income
3 16 (44.44%) Foreign Exchange (FX)
4 7 (19.44%) Equities
5 5 (13.89%) Swaptions
6 4 (11.11%) Credit Derivative
7 3 (8.33%) Grid Computing
8 2 (5.56%) Analytical Skills
8 2 (5.56%) Data Structures
8 2 (5.56%) Equity Derivative
8 2 (5.56%) OTC Derivatives
9 1 (2.78%) Management Information System
9 1 (2.78%) Market Risk
9 1 (2.78%) Virtual Team
Operating Systems
1 13 (36.11%) Unix
2 5 (13.89%) Linux
Processes & Methodologies
1 7 (19.44%) Agile Software Development
2 5 (13.89%) TDD
2 5 (13.89%) Test Automation
3 4 (11.11%) BDD
3 4 (11.11%) MapReduce
3 4 (11.11%) Scrum
4 3 (8.33%) Change Management
4 3 (8.33%) Multithreading
5 2 (5.56%) Analytics
5 2 (5.56%) Business Analysis
5 2 (5.56%) Data Ingestion
5 2 (5.56%) Multithreaded Programming
5 2 (5.56%) Risk Management
5 2 (5.56%) Test Scripting
6 1 (2.78%) Automated Testing
6 1 (2.78%) Data Management
6 1 (2.78%) ETL
6 1 (2.78%) Regression Testing
6 1 (2.78%) Software Engineering
6 1 (2.78%) Stakeholder Management
Programming Languages
1 18 (50.00%) SQL
2 10 (27.78%) Java
2 10 (27.78%) Perl
3 7 (19.44%) Scala
4 2 (5.56%) C#
5 1 (2.78%) C++
5 1 (2.78%) JavaScript
5 1 (2.78%) PL/SQL
5 1 (2.78%) Python
5 1 (2.78%) VBA
5 1 (2.78%) VBScript
Quality Assurance & Compliance
1 6 (16.67%) MiFID
2 5 (13.89%) Dodd-Frank
2 5 (13.89%) EMIR
3 2 (5.56%) QA
System Software
1 4 (11.11%) Apache ZooKeeper
1 4 (11.11%) HDFS
Systems Management
1 3 (8.33%) HP Quality Center
Vendors
1 13 (36.11%) Murex
2 10 (27.78%) Sybase
3 2 (5.56%) HP
4 1 (2.78%) Bloomberg
4 1 (2.78%) Calypso
4 1 (2.78%) Fidessa
4 1 (2.78%) Informatica
4 1 (2.78%) ION Trading
4 1 (2.78%) Microsoft
4 1 (2.78%) Oracle
4 1 (2.78%) TIBCO