The first 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 16 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the England region.

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
16 Apr 2014
Same period 2013 Same period 2012
Interest Rate Derivatives
Rank 518 432 399
Rank change year-on-year
-86 -33
Contract jobs citing Interest Rate Derivative 48 97 164
As % of all contract IT jobs located in England 0.092% 0.22% 0.29%
As % of the Miscellaneous category 0.35% 0.85% 1.16%
Number of daily rates quoted 36 87 156
Average daily rate £600 £550 £625
Average daily rate % change year-on-year
+9.09% -12.00%
90% offered a daily rate of more than £425 £500 £550
10% offered a daily rate of more than £700 £650 £663
UK excluding London average daily rate £450 - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Miscellaneous Category
England
Contract IT job ads with a match in the
Miscellaneous category
13634 11444 14106
As % of all contract IT jobs located in England 26.03% 26.06% 25.35%
Number of daily rates quoted 8527 7070 8322
Average daily rate £425 £425 £425
90% offered a daily rate of more than £230 £240 £250
10% offered a daily rate of more than £625 £600 £625
UK excluding London average daily rate £350 £345 £348
% change year-on-year
+1.44% -0.71%
Number of hourly rates quoted 551 596 730
Average hourly rate £19.75 £22.70 £24.75
Average hourly rate % change year-on-year
-12.99% -8.28%
90% offered a hourly rate of more than £11.50 £12.42 £12.00
10% offered a hourly rate of more than £41.00 £42.50 £45.00
UK excluding London average hourly rate £17.50 £22.50 £25.00
% change year-on-year
-22.22% -10.00%
Interest Rate Derivative
UK

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 16 April 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 16 April 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
(Click each for more statistics)
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
Find
Job
Vacancies
London -86 48 £600 +9.09% 10
South East - - - -
Interest Rate Derivative
UK

Interest Rate Derivative
Top 30 Related IT Skills in England

For the 6 months to 16 April 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 91 (94.79%) Derivative
2 64 (66.67%) Front Office
3 40 (41.67%) Banking
4 34 (35.42%) SQL
5 32 (33.33%) C#
6 30 (31.25%) C++
6 30 (31.25%) Fixed Income
7 29 (30.21%) Finance
8 28 (29.17%) Foreign Exchange (FX)
9 27 (28.13%) Windows
10 26 (27.08%) Investment Banking
11 23 (23.96%) Oracle
12 22 (22.92%) UNIX
13 21 (21.88%) Python
13 21 (21.88%) Java
14 17 (17.71%) Grid Computing
15 16 (16.67%) .NET
16 15 (15.63%) Linux
16 15 (15.63%) Multithreading
17 14 (14.58%) Scala
18 13 (13.54%) MS Excel
18 13 (13.54%) DataSynapse
19 11 (11.46%) Spring
19 11 (11.46%) XML
19 11 (11.46%) Microsoft
19 11 (11.46%) Analytics
20 10 (10.42%) Risk Analysis
20 10 (10.42%) Murex
20 10 (10.42%) Business Analysis
21 9 (9.38%) Degree

Interest Rate Derivative
Top Related IT Skills in England by Category

For the 6 months to 16 April 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 5 (5.21%) Oracle Coherence
Applications
1 13 (13.54%) MS Excel
2 4 (4.17%) MS Visio
2 4 (4.17%) MS PowerPoint
3 3 (3.13%) MS Office
4 2 (2.08%) Spreadsheet
Business Applications
1 4 (4.17%) Remedy ITSM
2 3 (3.13%) Summit
3 2 (2.08%) Markit EDM
Database & Business Intelligence
1 8 (8.33%) Oracle Database
2 4 (4.17%) SQL Server
2 4 (4.17%) Data Mart
3 3 (3.13%) MS Access
4 1 (1.04%) KDB
4 1 (1.04%) SQL Server 2008
4 1 (1.04%) DB2
Development Applications
1 1 (1.04%) jMock
1 1 (1.04%) Mockito
1 1 (1.04%) JUnit
General
1 64 (66.67%) Front Office
2 40 (41.67%) Banking
3 29 (30.21%) Finance
4 26 (27.08%) Investment Banking
5 8 (8.33%) Back Office
6 2 (2.08%) French Language
Job Titles
1 61 (63.54%) Developer
2 24 (25.00%) Analyst
3 20 (20.83%) C# Developer
4 18 (18.75%) C++ Developer
5 15 (15.63%) Java Developer
6 14 (14.58%) Business Analyst
7 9 (9.38%) Murex Developer
7 9 (9.38%) Senior Developer
8 7 (7.29%) Scala Developer
8 7 (7.29%) Senior C# Developer
9 6 (6.25%) Support Analyst
9 6 (6.25%) Applications Support
9 6 (6.25%) Applications Support Analyst
10 5 (5.21%) C++/C# Developer
10 5 (5.21%) Front-End Developer
10 5 (5.21%) Service Manager
10 5 (5.21%) Front Office Developer
11 4 (4.17%) Project Manager
11 4 (4.17%) Data Mart Developer
11 4 (4.17%) Contracts Manager
Libraries, Frameworks & Software Standards
1 16 (16.67%) .NET
2 11 (11.46%) Spring
2 11 (11.46%) XML
3 7 (7.29%) WPF
4 6 (6.25%) STL
4 6 (6.25%) Boost C++ Libraries
5 5 (5.21%) HTML5
5 5 (5.21%) AngularJS
5 5 (5.21%) Middleware
5 5 (5.21%) JMS
5 5 (5.21%) HTML
6 3 (3.13%) WCF
7 2 (2.08%) Murex MxML
8 1 (1.04%) jQuery
8 1 (1.04%) ADO.NET Entity Framework
8 1 (1.04%) WinForms
8 1 (1.04%) .NET Framework
8 1 (1.04%) Rendezvous
8 1 (1.04%) DOM
Miscellaneous
1 91 (94.79%) Derivative
2 30 (31.25%) Fixed Income
3 28 (29.17%) Foreign Exchange (FX)
4 17 (17.71%) Grid Computing
5 7 (7.29%) Mathematics
5 7 (7.29%) Credit Derivative
6 6 (6.25%) Credit Risk
7 5 (5.21%) Open Source
7 5 (5.21%) Market Risk
7 5 (5.21%) Computer Science
8 4 (4.17%) Equity Derivative
8 4 (4.17%) Equities
9 2 (2.08%) Client/Server
10 1 (1.04%) Swaptions
10 1 (1.04%) Statistics
10 1 (1.04%) Applied Mathematics
10 1 (1.04%) Hybrid Derivative
10 1 (1.04%) Management Information System
Operating Systems
1 27 (28.13%) Windows
2 22 (22.92%) UNIX
3 15 (15.63%) Linux
4 8 (8.33%) Solaris
5 6 (6.25%) Windows XP
Processes & Methodologies
1 15 (15.63%) Multithreading
2 11 (11.46%) Analytics
3 10 (10.42%) Risk Analysis
3 10 (10.42%) Business Analysis
4 9 (9.38%) Agile Software Development
5 8 (8.33%) Risk Management
6 7 (7.29%) Low Latency
6 7 (7.29%) Electronic Trading
7 6 (6.25%) Portfolio Management
8 5 (5.21%) Stakeholder Management
8 5 (5.21%) Service Delivery
8 5 (5.21%) OO
8 5 (5.21%) ITIL
9 4 (4.17%) PRINCE2
9 4 (4.17%) ITSM
9 4 (4.17%) Service Management
9 4 (4.17%) Fund Management
9 4 (4.17%) Asset Management
9 4 (4.17%) Data Management
9 4 (4.17%) Use Case
Programming Languages
1 34 (35.42%) SQL
2 32 (33.33%) C#
3 30 (31.25%) C++
4 21 (21.88%) Python
4 21 (21.88%) Java
5 14 (14.58%) Scala
6 9 (9.38%) Perl
6 9 (9.38%) PL/SQL
7 7 (7.29%) C
8 5 (5.21%) VBA
8 5 (5.21%) JavaScript
9 3 (3.13%) VC++
10 1 (1.04%) Ruby
10 1 (1.04%) MATLAB
10 1 (1.04%) Shell Script
10 1 (1.04%) VB
Qualifications
1 9 (9.38%) Degree
Quality Assurance & Compliance
1 4 (4.17%) COBIT
1 4 (4.17%) EMIR
1 4 (4.17%) Dodd-Frank
2 1 (1.04%) Basel III
2 1 (1.04%) QA
Vendors
1 23 (23.96%) Oracle
2 13 (13.54%) DataSynapse
3 11 (11.46%) Microsoft
4 10 (10.42%) Murex
5 4 (4.17%) Sybase
5 4 (4.17%) Bloomberg
5 4 (4.17%) Remedy
5 4 (4.17%) Sun
5 4 (4.17%) BMC
6 3 (3.13%) TIBCO
7 2 (2.08%) Linedata
7 2 (2.08%) ION Trading
7 2 (2.08%) thinkFolio
7 2 (2.08%) BI-SAM
8 1 (1.04%) Quark
City, London
Nicoll Curtin
Rate: £700 - £750 per day
Posted: 5 days ago
City, London
Nicoll Curtin
Rate: £600 - £700 per day
Posted: 6 days ago