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 1 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
1 Oct 2014
Same period 2013 Same period 2012
Interest Rate Derivatives
Rank 540 457 452
Rank change year-on-year
-83 -5
Contract jobs citing Interest Rate Derivative 40 105 130
As % of all contract IT jobs located in England 0.077% 0.22% 0.25%
As % of the Miscellaneous category 0.25% 0.69% 0.80%
Number of daily rates quoted 36 85 103
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 £450 £525 £450
10% offered a daily rate of more than £650 £650 £700
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
16134 15314 16339
As % of all contract IT jobs located in England 31.03% 31.82% 30.94%
Number of daily rates quoted 10047 9678 9683
Average daily rate £420 £415 £420
Average daily rate % change year-on-year
+1.20% -1.19%
90% offered a daily rate of more than £240 £245 £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 672 590 808
Average hourly rate £18.00 £18.50 £25.00
Average hourly rate % change year-on-year
-2.70% -26.00%
90% offered a hourly rate of more than £11.50 £12.42 £12.00
10% offered a hourly rate of more than £42.50 £43.50 £45.00
UK excluding London average hourly rate £18.00 £17.50 £26.00
% change year-on-year
+2.85% -32.69%

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 1 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 1 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 -54 39 £600 +4.34% 6
Interest Rate Derivative
UK

Interest Rate Derivative
Top 30 Related IT Skills in England

For the 6 months to 1 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 82 (94.25%) Derivative
2 46 (52.87%) Finance
3 42 (48.28%) Front Office
3 42 (48.28%) C++
4 31 (35.63%) Foreign Exchange (FX)
5 29 (33.33%) Java
6 28 (32.18%) SQL
7 26 (29.89%) Fixed Income
8 23 (26.44%) C#
9 21 (24.14%) STL
9 21 (24.14%) XML
9 21 (24.14%) Scala
9 21 (24.14%) Boost C++ Libraries
10 19 (21.84%) Oracle
11 18 (20.69%) Windows
11 18 (20.69%) Grid Computing
11 18 (20.69%) FpML
12 17 (19.54%) Workflow
12 17 (19.54%) Risk Management
13 16 (18.39%) Banking
14 15 (17.24%) Python
15 14 (16.09%) UNIX
15 14 (16.09%) Risk Analysis
15 14 (16.09%) Multithreading
16 13 (14.94%) .NET
17 12 (13.79%) Linux
17 12 (13.79%) JavaScript
17 12 (13.79%) HTML
17 12 (13.79%) HTML5
17 12 (13.79%) AngularJS

Interest Rate Derivative
Top Related IT Skills in England by Category

For the 6 months to 1 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 (1.15%) Oracle Coherence
Applications
1 9 (10.34%) MS Excel
2 8 (9.20%) MS Project
3 7 (8.05%) Spreadsheet
4 2 (2.30%) MS Visio
4 2 (2.30%) MS PowerPoint
Business Applications
1 2 (2.30%) Summit
1 2 (2.30%) Markit EDM
Database & Business Intelligence
1 8 (9.20%) Oracle Database
2 7 (8.05%) Relational Database
2 7 (8.05%) Oracle Database 10g
3 4 (4.60%) SQL Server
4 2 (2.30%) SQL Server Integration Services
4 2 (2.30%) SQL Server Reporting Services
5 1 (1.15%) Hazelcast
5 1 (1.15%) Data Mart
5 1 (1.15%) Oracle Database 11g
5 1 (1.15%) Data Mining
Development Applications
1 8 (9.20%) Visual Studio
1 8 (9.20%) Subversion
2 2 (2.30%) JUnit
2 2 (2.30%) Maven
2 2 (2.30%) Gradle
2 2 (2.30%) TeamCity
2 2 (2.30%) Team Foundation Server
3 1 (1.15%) CppUnit
3 1 (1.15%) JIRA
General
1 46 (52.87%) Finance
2 42 (48.28%) Front Office
3 16 (18.39%) Banking
4 10 (11.49%) Investment Banking
5 9 (10.34%) Back Office
6 3 (3.45%) Retail
7 2 (2.30%) Financial Institution
8 1 (1.15%) Retail Banking
Job Titles
1 58 (66.67%) Developer
2 14 (16.09%) Analyst
3 12 (13.79%) Business Analyst
4 11 (12.64%) Front Office Developer
4 11 (12.64%) C++ Developer
5 10 (11.49%) Java Developer
6 9 (10.34%) Scala Developer
7 7 (8.05%) SQL Developer
8 6 (6.90%) Lead Developer
8 6 (6.90%) C# Developer
8 6 (6.90%) Technical Leader
8 6 (6.90%) Technical Developer
9 5 (5.75%) Python Developer
9 5 (5.75%) C++/C# Developer
9 5 (5.75%) Project Manager
10 4 (4.60%) Senior Developer
10 4 (4.60%) Test Leader
11 3 (3.45%) Investment Banking Business Analyst
12 2 (2.30%) Consultant
12 2 (2.30%) Murex Consultant
Libraries, Frameworks & Software Standards
1 21 (24.14%) STL
1 21 (24.14%) XML
1 21 (24.14%) Boost C++ Libraries
2 18 (20.69%) FpML
3 13 (14.94%) .NET
4 12 (13.79%) HTML
4 12 (13.79%) HTML5
4 12 (13.79%) AngularJS
5 11 (12.64%) Spring
6 7 (8.05%) XSLT
7 2 (2.30%) ASP.NET
7 2 (2.30%) Middleware
7 2 (2.30%) WinForms
7 2 (2.30%) WCF
7 2 (2.30%) WPF
7 2 (2.30%) MDX
7 2 (2.30%) Restlet
8 1 (1.15%) Murex MxML
8 1 (1.15%) DOM
Miscellaneous
1 82 (94.25%) Derivative
2 31 (35.63%) Foreign Exchange (FX)
3 26 (29.89%) Fixed Income
4 18 (20.69%) Grid Computing
5 10 (11.49%) Credit Derivative
5 10 (11.49%) Mathematics
5 10 (11.49%) Analytical Skills
6 9 (10.34%) Open Source
6 9 (10.34%) Computer Science
7 5 (5.75%) Swaptions
8 3 (3.45%) Equity Derivative
8 3 (3.45%) DTCC
9 2 (2.30%) Equities
9 2 (2.30%) Market Risk
9 2 (2.30%) Hedge funds
9 2 (2.30%) Visualisation
9 2 (2.30%) Reference Data
10 1 (1.15%) Statistics
10 1 (1.15%) Credit Risk
Operating Systems
1 18 (20.69%) Windows
2 14 (16.09%) UNIX
3 12 (13.79%) Linux
4 7 (8.05%) Windows 7
5 1 (1.15%) Windows Server 2008
5 1 (1.15%) Windows Server 2003
Processes & Methodologies
1 17 (19.54%) Workflow
1 17 (19.54%) Risk Management
2 14 (16.09%) Risk Analysis
2 14 (16.09%) Multithreading
3 10 (11.49%) Agile Software Development
3 10 (11.49%) Unit Testing
3 10 (11.49%) Business Analysis
3 10 (11.49%) Analytics
4 9 (10.34%) Low Latency
5 8 (9.20%) Regression Testing
6 7 (8.05%) Project Planning
7 6 (6.90%) Greeks
8 5 (5.75%) OO
9 4 (4.60%) Data Modelling
9 4 (4.60%) TDD
10 3 (3.45%) Migration
10 3 (3.45%) Data Management
10 3 (3.45%) Workflow Management
10 3 (3.45%) Asset Management
10 3 (3.45%) Data Analysis
Programming Languages
1 42 (48.28%) C++
2 29 (33.33%) Java
3 28 (32.18%) SQL
4 23 (26.44%) C#
5 21 (24.14%) Scala
6 15 (17.24%) Python
7 12 (13.79%) JavaScript
8 7 (8.05%) VC++
9 3 (3.45%) VBA
10 1 (1.15%) PowerShell
10 1 (1.15%) VB6
10 1 (1.15%) VB
10 1 (1.15%) Perl
Qualifications
1 10 (11.49%) Degree
2 2 (2.30%) MCSD
2 2 (2.30%) MCSE
2 2 (2.30%) Microsoft Certification
Quality Assurance & Compliance
1 3 (3.45%) EMIR
2 1 (1.15%) Data Quality
Systems Management
1 1 (1.15%) HP Quality Center
Vendors
1 19 (21.84%) Oracle
2 11 (12.64%) Microsoft
3 8 (9.20%) Murex
4 7 (8.05%) Tradeweb
5 4 (4.60%) DataSynapse
6 2 (2.30%) Bloomberg
6 2 (2.30%) Linedata
6 2 (2.30%) Infragistics
6 2 (2.30%) BI-SAM
6 2 (2.30%) DevExpress
7 1 (1.15%) MicroStrategy
7 1 (1.15%) Business Objects