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 21 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
21 Oct 2014
Same period 2013 Same period 2012
Interest Rate Derivatives
Rank 560 483 433
Rank change year-on-year
-77 -50
Contract jobs citing Interest Rate Derivative 40 88 135
As % of all contract IT jobs located in England 0.075% 0.18% 0.26%
As % of the Miscellaneous category 0.24% 0.57% 0.85%
Number of daily rates quoted 36 72 112
Average daily rate
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of your Daily Rate
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£600 £575 £575
Average daily rate % change year-on-year
+4.34% -
90% offered a daily rate of more than £475 £525 £450
10% offered a daily rate of more than £663 £649 £699
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
16559 15425 15918
As % of all contract IT jobs located in England 31.18% 32.14% 31.05%
Number of daily rates quoted 10463 9852 9532
Average daily rate £423 £415 £425
Average daily rate % change year-on-year
+1.93% -2.47%
90% offered a daily rate of more than £242 £243 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 693 607 771
Average hourly rate £17.50 £19.00 £23.00
Average hourly rate % change year-on-year
-7.89% -17.39%
90% offered a hourly rate of more than £11.13 £12.00 £12.00
10% offered a hourly rate of more than £42.50 £42.50 £45.00
UK excluding London average hourly rate £17.50 £17.69 £22.50
% change year-on-year
-1.07% -21.37%

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 21 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 21 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 -57 39 £600 +4.34% 11
Interest Rate Derivative
UK

Interest Rate Derivative
Top 30 Related IT Skills in England

For the 6 months to 21 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 79 (96.34%) Derivative
2 46 (56.10%) Finance
3 41 (50.00%) C++
4 37 (45.12%) Front Office
5 31 (37.80%) SQL
6 30 (36.59%) Fixed Income
7 29 (35.37%) Foreign Exchange (FX)
8 27 (32.93%) C#
9 24 (29.27%) STL
9 24 (29.27%) XML
9 24 (29.27%) Boost C++ Libraries
10 22 (26.83%) Oracle
11 21 (25.61%) Java
11 21 (25.61%) Windows
12 20 (24.39%) Grid Computing
13 18 (21.95%) FpML
13 18 (21.95%) .NET
13 18 (21.95%) Python
14 17 (20.73%) Workflow
14 17 (20.73%) Risk Analysis
15 16 (19.51%) Banking
16 15 (18.29%) Analytics
17 14 (17.07%) Microsoft
17 14 (17.07%) Agile Software Development
18 13 (15.85%) Risk Management
18 13 (15.85%) Scala
19 12 (14.63%) MS Excel
20 11 (13.41%) MS Project
20 11 (13.41%) Multithreading
21 10 (12.20%) Spreadsheet

Interest Rate Derivative
Top Related IT Skills in England by Category

For the 6 months to 21 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 (1.22%) Oracle Coherence
Applications
1 12 (14.63%) MS Excel
2 11 (13.41%) MS Project
3 10 (12.20%) Spreadsheet
4 2 (2.44%) MS Visio
4 2 (2.44%) MS PowerPoint
Business Applications
1 2 (2.44%) Summit
Database & Business Intelligence
1 8 (9.76%) Oracle Database
2 7 (8.54%) Relational Database
2 7 (8.54%) Oracle Database 10g
3 4 (4.88%) SQL Server
4 2 (2.44%) SQL Server Reporting Services
4 2 (2.44%) SQL Server Integration Services
5 1 (1.22%) Oracle Database 11g
5 1 (1.22%) Hazelcast
5 1 (1.22%) Data Mart
5 1 (1.22%) Data Mining
Development Applications
1 8 (9.76%) Visual Studio
1 8 (9.76%) Subversion
2 2 (2.44%) Maven
2 2 (2.44%) TeamCity
2 2 (2.44%) Team Foundation Server
2 2 (2.44%) Gradle
2 2 (2.44%) JUnit
3 1 (1.22%) JIRA
3 1 (1.22%) CppUnit
General
1 46 (56.10%) Finance
2 37 (45.12%) Front Office
3 16 (19.51%) Banking
4 9 (10.98%) Investment Banking
5 7 (8.54%) Back Office
6 3 (3.66%) Retail
7 2 (2.44%) Financial Institution
8 1 (1.22%) Retail Banking
Job Titles
1 54 (65.85%) Developer
2 15 (18.29%) Analyst
3 12 (14.63%) Business Analyst
4 10 (12.20%) C++ Developer
5 9 (10.98%) Technical Leader
5 9 (10.98%) Lead Developer
5 9 (10.98%) Technical Developer
6 8 (9.76%) Front Office Developer
7 7 (8.54%) Java Developer
7 7 (8.54%) SQL Developer
7 7 (8.54%) C# Developer
8 6 (7.32%) Scala Developer
9 5 (6.10%) C++/C# Developer
9 5 (6.10%) Python Developer
9 5 (6.10%) Senior Developer
10 4 (4.88%) Test Leader
11 3 (3.66%) Project Manager
11 3 (3.66%) Investment Banking Business Analyst
12 2 (2.44%) Consultant
12 2 (2.44%) Murex Support
Libraries, Frameworks & Software Standards
1 24 (29.27%) STL
1 24 (29.27%) XML
1 24 (29.27%) Boost C++ Libraries
2 18 (21.95%) .NET
2 18 (21.95%) FpML
3 8 (9.76%) Spring
4 7 (8.54%) HTML5
4 7 (8.54%) XSLT
4 7 (8.54%) HTML
4 7 (8.54%) AngularJS
5 2 (2.44%) Middleware
5 2 (2.44%) WinForms
5 2 (2.44%) ASP.NET
5 2 (2.44%) Restlet
5 2 (2.44%) Murex MxML
5 2 (2.44%) MDX
5 2 (2.44%) WCF
5 2 (2.44%) WPF
6 1 (1.22%) DOM
Miscellaneous
1 79 (96.34%) Derivative
2 30 (36.59%) Fixed Income
3 29 (35.37%) Foreign Exchange (FX)
4 20 (24.39%) Grid Computing
5 10 (12.20%) Credit Derivative
6 7 (8.54%) Analytical Skills
7 6 (7.32%) Open Source
7 6 (7.32%) Mathematics
7 6 (7.32%) Computer Science
8 5 (6.10%) Swaptions
9 3 (3.66%) Equity Derivative
9 3 (3.66%) DTCC
10 2 (2.44%) Market Risk
10 2 (2.44%) Reference Data
10 2 (2.44%) Visualisation
10 2 (2.44%) Hedge funds
11 1 (1.22%) Credit Risk
11 1 (1.22%) Equities
Operating Systems
1 21 (25.61%) Windows
2 10 (12.20%) UNIX
2 10 (12.20%) Windows 7
3 7 (8.54%) Linux
4 1 (1.22%) Windows Server 2003
4 1 (1.22%) Windows Server 2008
Processes & Methodologies
1 17 (20.73%) Workflow
1 17 (20.73%) Risk Analysis
2 15 (18.29%) Analytics
3 14 (17.07%) Agile Software Development
4 13 (15.85%) Risk Management
5 11 (13.41%) Multithreading
6 10 (12.20%) Unit Testing
6 10 (12.20%) Project Planning
6 10 (12.20%) Business Analysis
7 8 (9.76%) Regression Testing
8 6 (7.32%) OO
8 6 (7.32%) Low Latency
8 6 (7.32%) Greeks
9 4 (4.88%) Data Modelling
9 4 (4.88%) TDD
10 3 (3.66%) OOP
10 3 (3.66%) Data Analysis
10 3 (3.66%) Workflow Management
11 2 (2.44%) Migration
11 2 (2.44%) Continuous Integration
Programming Languages
1 41 (50.00%) C++
2 31 (37.80%) SQL
3 27 (32.93%) C#
4 21 (25.61%) Java
5 18 (21.95%) Python
6 13 (15.85%) Scala
7 7 (8.54%) VC++
7 7 (8.54%) JavaScript
8 4 (4.88%) VBA
9 2 (2.44%) Perl
10 1 (1.22%) VB
10 1 (1.22%) VB6
10 1 (1.22%) PowerShell
Qualifications
1 9 (10.98%) Degree
2 2 (2.44%) MCSD
2 2 (2.44%) MCSE
2 2 (2.44%) Microsoft Certification
Quality Assurance & Compliance
1 3 (3.66%) EMIR
2 1 (1.22%) Data Quality
Systems Management
1 1 (1.22%) HP Quality Center
Vendors
1 22 (26.83%) Oracle
2 14 (17.07%) Microsoft
3 9 (10.98%) Murex
4 7 (8.54%) Tradeweb
5 3 (3.66%) DataSynapse
6 2 (2.44%) Infragistics
6 2 (2.44%) DevExpress
7 1 (1.22%) Sybase
7 1 (1.22%) Business Objects
7 1 (1.22%) MicroStrategy
7 1 (1.22%) TIBCO