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 average contractor rates offered in IT contracts that have cited Interest Rate Derivative over the 3 months to 24 October 2014 with a comparison to the same period in 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.

Location
3 months to
24 Oct 2014
Same period 2013 Same period 2012
Interest Rate Derivatives
Rank 550 478 407
Rank change year-on-year
-72 -71
Contract jobs citing Interest Rate Derivative 40 85 142
As % of all contract IT jobs located in England 0.075% 0.18% 0.28%
As % of the Miscellaneous category 0.24% 0.55% 0.92%
Number of daily rates quoted 37 70 118
Average daily rate
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of your Daily Rate
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£600 £575 £594
Average daily rate % change year-on-year
+4.34% -3.15%
90% offered a daily rate of more than £480 £525 £450
10% offered a daily rate of more than £660 £650 £691
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Interest Rate Derivative
UK

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
16576 15446 15439
As % of all contract IT jobs located in England 31.09% 32.24% 30.89%
Number of daily rates quoted 10527 9861 9233
Average daily rate £420 £415 £425
Average daily rate % change year-on-year
+1.20% -2.35%
90% offered a daily rate of more than £245 £245 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £351 £350 £350
% change year-on-year
+0.30% -
Number of hourly rates quoted 688 609 742
Average hourly rate £17.00 £19.00 £22.00
Average hourly rate % change year-on-year
-10.52% -13.63%
90% offered a hourly rate of more than £11.00 £12.00 £12.00
10% offered a hourly rate of more than £40.50 £40.57 £43.97
UK excluding London average hourly rate £17.50 £18.00 £21.00
% change year-on-year
-2.77% -14.28%

Interest Rate Derivative
Jobs Demand Trend in England

This chart provides a 3-month moving total of IT contractor jobs citing Interest Rate Derivative across the England region as a proportion of the total demand within 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 24 October 2014.

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 average contractor rates quoted in IT jobs citing Interest Rate Derivative within the England region over the 3 months to 24 October 2014. 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
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -50 40 £600 +4.34% 8
Interest Rate Derivative
UK

Interest Rate Derivative
Top 30 Related IT Skills in England

For the 6 months to 24 October 2014, IT contractor jobs across the England 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.

1 76 (96.20%) Derivative
2 45 (56.96%) Finance
3 39 (49.37%) C++
4 36 (45.57%) Front Office
5 32 (40.51%) SQL
6 31 (39.24%) Fixed Income
7 27 (34.18%) Foreign Exchange (FX)
8 26 (32.91%) C#
9 25 (31.65%) STL
9 25 (31.65%) XML
9 25 (31.65%) Boost C++ Libraries
10 23 (29.11%) Oracle
11 22 (27.85%) Windows
12 21 (26.58%) Grid Computing
13 19 (24.05%) .NET
14 18 (22.78%) FpML
14 18 (22.78%) Risk Analysis
15 17 (21.52%) Python
15 17 (21.52%) Java
16 16 (20.25%) Analytics
17 15 (18.99%) Microsoft
17 15 (18.99%) Workflow
17 15 (18.99%) Banking
17 15 (18.99%) Agile Software Development
18 13 (16.46%) MS Excel
19 12 (15.19%) MS Project
19 12 (15.19%) Risk Management
20 11 (13.92%) Project Planning
20 11 (13.92%) Windows 7
20 11 (13.92%) Spreadsheet

Interest Rate Derivative
Top Related IT Skills in England by Category

For the 6 months to 24 October 2014, IT contractor jobs across the England 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.

Application Platforms
1 1 (1.27%) Oracle Coherence
Applications
1 13 (16.46%) MS Excel
2 12 (15.19%) MS Project
3 11 (13.92%) Spreadsheet
4 2 (2.53%) MS Visio
4 2 (2.53%) MS PowerPoint
Business Applications
1 2 (2.53%) Summit
Database & Business Intelligence
1 8 (10.13%) Oracle Database
2 7 (8.86%) Relational Database
2 7 (8.86%) Oracle Database 10g
3 4 (5.06%) SQL Server
4 2 (2.53%) SQL Server Reporting Services
4 2 (2.53%) SQL Server Integration Services
5 1 (1.27%) Oracle Database 11g
5 1 (1.27%) Hazelcast
5 1 (1.27%) Data Mart
5 1 (1.27%) Data Mining
Development Applications
1 8 (10.13%) Visual Studio
1 8 (10.13%) Subversion
2 2 (2.53%) Maven
2 2 (2.53%) TeamCity
2 2 (2.53%) Team Foundation Server
2 2 (2.53%) Gradle
2 2 (2.53%) JUnit
3 1 (1.27%) JIRA
3 1 (1.27%) CppUnit
General
1 45 (56.96%) Finance
2 36 (45.57%) Front Office
3 15 (18.99%) Banking
4 9 (11.39%) Investment Banking
5 7 (8.86%) Back Office
6 3 (3.80%) Retail
7 2 (2.53%) Financial Institution
8 1 (1.27%) Retail Banking
Job Titles
1 51 (64.56%) Developer
2 15 (18.99%) Analyst
3 12 (15.19%) Business Analyst
4 10 (12.66%) Lead Developer
4 10 (12.66%) C++ Developer
4 10 (12.66%) Technical Leader
4 10 (12.66%) Technical Developer
5 7 (8.86%) C# Developer
5 7 (8.86%) Front Office Developer
5 7 (8.86%) SQL Developer
6 6 (7.59%) Java Developer
7 5 (6.33%) Senior Developer
7 5 (6.33%) Scala Developer
7 5 (6.33%) C++/C# Developer
8 4 (5.06%) Test Leader
9 3 (3.80%) Project Manager
9 3 (3.80%) Python Developer
9 3 (3.80%) Investment Banking Business Analyst
10 2 (2.53%) Consultant
10 2 (2.53%) Murex Support
Libraries, Frameworks & Software Standards
1 25 (31.65%) STL
1 25 (31.65%) XML
1 25 (31.65%) Boost C++ Libraries
2 19 (24.05%) .NET
3 18 (22.78%) FpML
4 7 (8.86%) XSLT
4 7 (8.86%) Spring
5 6 (7.59%) HTML5
5 6 (7.59%) HTML
5 6 (7.59%) AngularJS
6 2 (2.53%) Restlet
6 2 (2.53%) Murex MxML
6 2 (2.53%) MDX
6 2 (2.53%) WCF
6 2 (2.53%) WPF
6 2 (2.53%) Middleware
6 2 (2.53%) WinForms
6 2 (2.53%) ASP.NET
7 1 (1.27%) DOM
Miscellaneous
1 76 (96.20%) Derivative
2 31 (39.24%) Fixed Income
3 27 (34.18%) Foreign Exchange (FX)
4 21 (26.58%) Grid Computing
5 10 (12.66%) Credit Derivative
6 6 (7.59%) Analytical Skills
7 5 (6.33%) Open Source
7 5 (6.33%) Mathematics
7 5 (6.33%) Computer Science
7 5 (6.33%) Swaptions
8 3 (3.80%) Equity Derivative
8 3 (3.80%) DTCC
9 2 (2.53%) Market Risk
9 2 (2.53%) Reference Data
9 2 (2.53%) Visualisation
9 2 (2.53%) Hedge funds
10 1 (1.27%) Credit Risk
10 1 (1.27%) Equities
Operating Systems
1 22 (27.85%) Windows
2 11 (13.92%) Windows 7
3 9 (11.39%) UNIX
4 6 (7.59%) Linux
5 1 (1.27%) Windows Server 2003
5 1 (1.27%) Windows Server 2008
Processes & Methodologies
1 18 (22.78%) Risk Analysis
2 16 (20.25%) Analytics
3 15 (18.99%) Workflow
3 15 (18.99%) Agile Software Development
4 12 (15.19%) Risk Management
5 11 (13.92%) Project Planning
6 10 (12.66%) Business Analysis
6 10 (12.66%) Unit Testing
6 10 (12.66%) Multithreading
7 8 (10.13%) Regression Testing
8 6 (7.59%) Greeks
9 5 (6.33%) Low Latency
10 4 (5.06%) Data Modelling
10 4 (5.06%) OO
10 4 (5.06%) TDD
11 3 (3.80%) Data Analysis
12 2 (2.53%) Migration
12 2 (2.53%) Continuous Integration
12 2 (2.53%) Rapid Prototyping
12 2 (2.53%) Project Management
Programming Languages
1 39 (49.37%) C++
2 32 (40.51%) SQL
3 26 (32.91%) C#
4 17 (21.52%) Java
4 17 (21.52%) Python
5 11 (13.92%) Scala
6 7 (8.86%) VC++
7 6 (7.59%) JavaScript
8 4 (5.06%) VBA
9 2 (2.53%) Perl
10 1 (1.27%) VB
10 1 (1.27%) VB6
10 1 (1.27%) PowerShell
Qualifications
1 7 (8.86%) Degree
2 2 (2.53%) MCSD
2 2 (2.53%) MCSE
2 2 (2.53%) Microsoft Certification
Quality Assurance & Compliance
1 3 (3.80%) EMIR
2 1 (1.27%) Data Quality
Systems Management
1 1 (1.27%) HP Quality Center
Vendors
1 23 (29.11%) Oracle
2 15 (18.99%) Microsoft
3 9 (11.39%) Murex
4 7 (8.86%) Tradeweb
5 3 (3.80%) DataSynapse
6 2 (2.53%) Infragistics
6 2 (2.53%) DevExpress
7 1 (1.27%) Sybase
7 1 (1.27%) Business Objects
7 1 (1.27%) MicroStrategy
7 1 (1.27%) TIBCO