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 29 May 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
29 May 2015
Same period 2014 Same period 2013
Interest Rate Derivatives
Rank 554 521 447
Rank change year-on-year
-33 -74
Contract jobs citing Interest Rate Derivative 36 47 82
As % of all contract IT jobs located in England 0.074% 0.098% 0.19%
As % of the Miscellaneous category 0.23% 0.30% 0.58%
Number of daily rates quoted 34 41 72
Average daily rate
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£595 £600 £550
Average daily rate % change year-on-year
-0.83% +9.09%
90% offered a daily rate of more than £433 £375 £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
15514 15484 14208
As % of all contract IT jobs located in England 32.02% 32.15% 33.29%
Number of daily rates quoted 9731 9758 8574
Average daily rate £420 £413 £425
Average daily rate % change year-on-year
+1.81% -2.94%
90% offered a daily rate of more than £253 £234 £243
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 598 614 617
Average hourly rate £18.24 £21.00 £22.66
Average hourly rate % change year-on-year
-13.16% -7.32%
90% offered a hourly rate of more than £12.00 £12.00 £13.00
10% offered a hourly rate of more than £45.00 £42.50 £45.00
UK excluding London average hourly rate £19.00 £21.50 £21.50
% change year-on-year
-11.62% -

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 29 May 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 29 May 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 -8 36 £595 -0.83% 6
Interest Rate Derivative
UK

Interest Rate Derivative
Top 30 Related IT Skills in England

For the 6 months to 29 May 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 56 (76.71%) Derivative
2 44 (60.27%) Front Office
3 37 (50.68%) Banking
4 35 (47.95%) SQL
5 34 (46.58%) Investment Banking
6 33 (45.21%) Foreign Exchange (FX)
6 33 (45.21%) Finance
7 31 (42.47%) Fixed Income
8 28 (38.36%) C#
9 23 (31.51%) Business Analysis
10 20 (27.40%) Credit Derivative
11 17 (23.29%) Degree
12 15 (20.55%) Analytics
13 14 (19.18%) Java
13 14 (19.18%) SQL Server
14 13 (17.81%) VBA
14 13 (17.81%) .NET
14 13 (17.81%) Murex
14 13 (17.81%) SQL Server 2008
15 12 (16.44%) C++
15 12 (16.44%) Workflow
16 11 (15.07%) Back Office
16 11 (15.07%) FpML
16 11 (15.07%) Oracle
16 11 (15.07%) T-SQL
16 11 (15.07%) XML
16 11 (15.07%) MS Excel
16 11 (15.07%) SQL Server 2005
16 11 (15.07%) Tradeweb
17 10 (13.70%) Financial Institution

Interest Rate Derivative
Top Related IT Skills in England by Category

For the 6 months to 29 May 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.

Application Platforms
1 6 (8.22%) Oracle Coherence
2 1 (1.37%) MTS
Applications
1 11 (15.07%) MS Excel
2 1 (1.37%) MS Project
Database & Business Intelligence
1 14 (19.18%) SQL Server
2 13 (17.81%) SQL Server 2008
3 11 (15.07%) SQL Server 2005
4 9 (12.33%) MS Access
5 5 (6.85%) Oracle Database
6 3 (4.11%) SQL Server Integration Services
7 2 (2.74%) Data Mart
7 2 (2.74%) Data Mining
7 2 (2.74%) SQL Server 2012
8 1 (1.37%) Relational Database
8 1 (1.37%) SQL Server Reporting Services
Development Applications
1 6 (8.22%) Git (software)
2 5 (6.85%) TeamCity
2 5 (6.85%) Subversion
2 5 (6.85%) Maven
3 1 (1.37%) Gradle
3 1 (1.37%) Eclipse
3 1 (1.37%) JUnit
General
1 44 (60.27%) Front Office
2 37 (50.68%) Banking
3 34 (46.58%) Investment Banking
4 33 (45.21%) Finance
5 11 (15.07%) Back Office
6 10 (13.70%) Financial Institution
7 1 (1.37%) Retail
7 1 (1.37%) French Language
Job Titles
1 38 (52.05%) Developer
2 19 (26.03%) Analyst
3 16 (21.92%) Business Analyst
4 9 (12.33%) Senior Developer
5 8 (10.96%) C++ Developer
6 7 (9.59%) C# Developer
6 7 (9.59%) Java Developer
7 6 (8.22%) Senior C++ Developer
7 6 (8.22%) Front Office Developer
8 5 (6.85%) WPF Developer
8 5 (6.85%) Project Manager
8 5 (6.85%) SQL Developer
8 5 (6.85%) Data Modeller
9 4 (5.48%) SQL Server Developer
9 4 (5.48%) Junior
9 4 (5.48%) Graduate
10 3 (4.11%) Junior Developer
10 3 (4.11%) Database Developer
10 3 (4.11%) Graduate Developer
10 3 (4.11%) SQL Database Developer
Libraries, Frameworks & Software Standards
1 13 (17.81%) .NET
2 11 (15.07%) FpML
2 11 (15.07%) XML
3 7 (9.59%) WPF
4 6 (8.22%) STL
4 6 (8.22%) Boost C++ Libraries
5 5 (6.85%) RESTful
5 5 (6.85%) JMS
6 4 (5.48%) Murex MxML
7 1 (1.37%) HTML5
7 1 (1.37%) Reactive Extensions
7 1 (1.37%) HTML
7 1 (1.37%) COM+
7 1 (1.37%) Rendezvous
7 1 (1.37%) Middleware
Miscellaneous
1 56 (76.71%) Derivative
2 33 (45.21%) Foreign Exchange (FX)
3 31 (42.47%) Fixed Income
4 20 (27.40%) Credit Derivative
5 9 (12.33%) Analytical Skills
6 8 (10.96%) Equity Derivative
7 6 (8.22%) Market Risk
7 6 (8.22%) Grid Computing
8 5 (6.85%) Hedge funds
8 5 (6.85%) Mathematics
9 3 (4.11%) Computer Science
10 2 (2.74%) Swaptions
11 1 (1.37%) Visualisation
11 1 (1.37%) Data Structures
11 1 (1.37%) Algorithms
11 1 (1.37%) Economics
11 1 (1.37%) DTCC
Operating Systems
1 4 (5.48%) UNIX
2 2 (2.74%) Linux
3 1 (1.37%) Windows
Processes & Methodologies
1 23 (31.51%) Business Analysis
2 15 (20.55%) Analytics
3 12 (16.44%) Workflow
4 9 (12.33%) RAD
4 9 (12.33%) Agile Software Development
5 8 (10.96%) Technical Architecture
5 8 (10.96%) Risk Analysis
5 8 (10.96%) Data Architecture
5 8 (10.96%) UML
5 8 (10.96%) Data Modelling
6 6 (8.22%) Data Management
6 6 (8.22%) Multithreading
7 5 (6.85%) Time Management
8 4 (5.48%) Project Management
9 3 (4.11%) Data Virtualisation
9 3 (4.11%) Functional Programming
9 3 (4.11%) Validation
9 3 (4.11%) Asset Management
9 3 (4.11%) Requirements Analysis
10 2 (2.74%) Software Testing
Programming Languages
1 35 (47.95%) SQL
2 28 (38.36%) C#
3 14 (19.18%) Java
4 13 (17.81%) VBA
5 12 (16.44%) C++
6 11 (15.07%) T-SQL
7 8 (10.96%) Scala
8 6 (8.22%) Python
9 4 (5.48%) R
10 2 (2.74%) VB
10 2 (2.74%) Perl
11 1 (1.37%) APL
11 1 (1.37%) MATLAB
Qualifications
1 17 (23.29%) Degree
2 1 (1.37%) PhD
2 1 (1.37%) A+ Certification
Quality Assurance & Compliance
1 1 (1.37%) EMIR
1 1 (1.37%) Basel II
Vendors
1 13 (17.81%) Murex
2 11 (15.07%) Oracle
2 11 (15.07%) Tradeweb
3 5 (6.85%) Sybase
4 1 (1.37%) Microsoft
4 1 (1.37%) Software AG
4 1 (1.37%) eSpeed
4 1 (1.37%) TIBCO
4 1 (1.37%) Bloomberg
London
TEKsystems
Rate: £600 - £700 per day
Posted: 6 hours ago
London
Optima Connections
Rate: From £400 to £500 per day
Posted: 12 hours ago