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 28 April 2015 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
28 Apr 2015
Same period 2014 Same period 2013
Interest Rate Derivatives
Rank 535 523 422
Rank change year-on-year
-12 -101
Contract jobs citing Interest Rate Derivative 42 49 89
As % of all contract IT jobs located in England 0.083% 0.099% 0.21%
As % of the Miscellaneous category 0.27% 0.31% 0.66%
Number of daily rates quoted 35 38 79
Average daily rate
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of your Daily Rate
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£525 £600 £550
Average daily rate % change year-on-year
-12.50% +9.09%
90% offered a daily rate of more than £395 £475 £500
10% offered a daily rate of more than £650 £700 £650
UK excluding London average daily rate £400 - -
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
15562 15770 13586
As % of all contract IT jobs located in England 30.77% 31.75% 31.57%
Number of daily rates quoted 9679 9878 8321
Average daily rate £425 £413 £425
Average daily rate % change year-on-year
+3.03% -2.94%
90% offered a daily rate of more than £263 £238 £250
10% offered a daily rate of more than £600 £613 £600
UK excluding London average daily rate £375 £350 £345
% change year-on-year
+7.14% +1.44%
Number of hourly rates quoted 562 623 618
Average hourly rate £18.47 £21.00 £22.69
Average hourly rate % change year-on-year
-12.04% -7.44%
90% offered a hourly rate of more than £11.35 £11.73 £12.42
10% offered a hourly rate of more than £45.00 £42.50 £45.00
UK excluding London average hourly rate £19.00 £22.00 £21.25
% change year-on-year
-13.63% +3.52%

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 28 April 2015.

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 28 April 2015. 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 -10 42 £525 -12.50% 9
Interest Rate Derivative
UK

Interest Rate Derivative
Top 30 Related IT Skills in England

For the 6 months to 28 April 2015, 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 62 (83.78%) Derivative
2 41 (55.41%) Front Office
3 39 (52.70%) Foreign Exchange (FX)
3 39 (52.70%) Banking
4 36 (48.65%) Investment Banking
4 36 (48.65%) Finance
5 33 (44.59%) SQL
6 28 (37.84%) Credit Derivative
7 26 (35.14%) Fixed Income
8 22 (29.73%) Business Analysis
9 21 (28.38%) C#
9 21 (28.38%) Murex
10 19 (25.68%) XML
11 18 (24.32%) Analytics
12 16 (21.62%) UML
12 16 (21.62%) Equity Derivative
13 15 (20.27%) Degree
13 15 (20.27%) Data Architecture
13 15 (20.27%) Data Modelling
14 13 (17.57%) Financial Institution
15 12 (16.22%) Workflow
15 12 (16.22%) MS Excel
15 12 (16.22%) VBA
16 11 (14.86%) SQL Server 2005
16 11 (14.86%) SQL Server 2008
16 11 (14.86%) .NET
16 11 (14.86%) T-SQL
16 11 (14.86%) SQL Server
16 11 (14.86%) FpML
16 11 (14.86%) Back Office

Interest Rate Derivative
Top Related IT Skills in England by Category

For the 6 months to 28 April 2015, 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.

Applications
1 12 (16.22%) MS Excel
2 2 (2.70%) MS Project
3 1 (1.35%) Spreadsheet
Database & Business Intelligence
1 11 (14.86%) SQL Server
1 11 (14.86%) SQL Server 2005
1 11 (14.86%) SQL Server 2008
2 9 (12.16%) MS Access
3 3 (4.05%) SQL Server Integration Services
4 2 (2.70%) Data Mart
5 1 (1.35%) Relational Database
5 1 (1.35%) Data Mining
5 1 (1.35%) SQL Server Reporting Services
Development Applications
1 5 (6.76%) JIRA
General
1 41 (55.41%) Front Office
2 39 (52.70%) Banking
3 36 (48.65%) Investment Banking
3 36 (48.65%) Finance
4 13 (17.57%) Financial Institution
5 11 (14.86%) Back Office
6 1 (1.35%) French Language
6 1 (1.35%) Retail
Job Titles
1 23 (31.08%) Developer
1 23 (31.08%) Analyst
2 17 (22.97%) Business Analyst
3 12 (16.22%) Data Modeller
4 6 (8.11%) C# Developer
4 6 (8.11%) Senior Developer
5 5 (6.76%) C++ Developer
5 5 (6.76%) Test Manager
5 5 (6.76%) Project Manager
5 5 (6.76%) Contracts Manager
6 4 (5.41%) Senior C++ Developer
6 4 (5.41%) Support Analyst
6 4 (5.41%) IT Business Analyst
6 4 (5.41%) Murex Support
6 4 (5.41%) Murex Analyst
6 4 (5.41%) Murex Support Analyst
6 4 (5.41%) WPF Developer
7 3 (4.05%) Junior
7 3 (4.05%) Architect
7 3 (4.05%) Graduate
Libraries, Frameworks & Software Standards
1 19 (25.68%) XML
2 11 (14.86%) FpML
2 11 (14.86%) .NET
3 7 (9.46%) Murex MxML
4 6 (8.11%) WPF
5 5 (6.76%) Boost C++ Libraries
5 5 (6.76%) STL
6 1 (1.35%) COM+
Miscellaneous
1 62 (83.78%) Derivative
2 39 (52.70%) Foreign Exchange (FX)
3 28 (37.84%) Credit Derivative
4 26 (35.14%) Fixed Income
5 16 (21.62%) Equity Derivative
6 6 (8.11%) Analytical Skills
7 5 (6.76%) Market Risk
7 5 (6.76%) Grid Computing
8 4 (5.41%) Hedge funds
9 2 (2.70%) Mathematics
9 2 (2.70%) Computer Science
10 1 (1.35%) Swaptions
10 1 (1.35%) DTCC
10 1 (1.35%) Economics
10 1 (1.35%) Visualisation
Operating Systems
1 5 (6.76%) UNIX
2 1 (1.35%) Windows
2 1 (1.35%) Windows 7
Processes & Methodologies
1 22 (29.73%) Business Analysis
2 18 (24.32%) Analytics
3 16 (21.62%) UML
4 15 (20.27%) Data Modelling
4 15 (20.27%) Data Architecture
5 12 (16.22%) Workflow
6 9 (12.16%) Agile Software Development
7 8 (10.81%) Technical Architecture
8 7 (9.46%) Software Testing
9 6 (8.11%) RAD
9 6 (8.11%) Risk Analysis
10 5 (6.76%) Data Management
10 5 (6.76%) Test Management
10 5 (6.76%) Time Management
11 4 (5.41%) Project Management
12 3 (4.05%) Requirements Analysis
12 3 (4.05%) Validation
12 3 (4.05%) Data Virtualisation
13 2 (2.70%) Logical Data Model
13 2 (2.70%) Physical Data Model
Programming Languages
1 33 (44.59%) SQL
2 21 (28.38%) C#
3 12 (16.22%) VBA
4 11 (14.86%) T-SQL
5 8 (10.81%) C++
6 6 (8.11%) Python
7 5 (6.76%) Perl
8 4 (5.41%) R
9 3 (4.05%) Java
10 1 (1.35%) VB
10 1 (1.35%) MATLAB
Qualifications
1 15 (20.27%) Degree
2 5 (6.76%) ISEB
2 5 (6.76%) ISEB Practitioner
Quality Assurance & Compliance
1 1 (1.35%) Basel II
1 1 (1.35%) EMIR
Systems Management
1 5 (6.76%) HP Quality Center
Vendors
1 21 (28.38%) Murex
2 10 (13.51%) Tradeweb
3 7 (9.46%) Sybase
4 5 (6.76%) Oracle
4 5 (6.76%) Calypso
4 5 (6.76%) HP
5 1 (1.35%) Software AG
5 1 (1.35%) Microsoft
City, London
TEKsystems
Rate: £550 - £650 per day
Posted: Yesterday
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TEKsystems
Rate: £500 - £600 per day
Posted: Yesterday
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Rate: £650 per day
Posted: 4 days ago
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Rate: £550.00 - £630.00 per day
Posted: 4 days ago
London
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Rate: £550 - £650 per day
Posted: 5 days ago