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 5 March 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
5 Mar 2015
Same period 2014 Same period 2013
Interest Rate Derivatives
Rank 519 503 400
Rank change year-on-year
-16 -103
Contract jobs citing Interest Rate Derivative 37 43 105
As % of all contract IT jobs located in England 0.079% 0.094% 0.26%
As % of the Miscellaneous category 0.26% 0.30% 0.84%
Number of daily rates quoted 30 33 94
Average daily rate
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£525 £550 £575
Average daily rate % change year-on-year
-4.54% -4.34%
90% offered a daily rate of more than £425 £475 £495
10% offered a daily rate of more than £632 £700 £650
UK excluding London average daily rate - £450 -
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
14367 14360 12509
As % of all contract IT jobs located in England 30.51% 31.49% 31.29%
Number of daily rates quoted 8927 8927 7649
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 £250 £238 £245
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £350 £335
% change year-on-year
+7.14% +4.47%
Number of hourly rates quoted 547 586 687
Average hourly rate £19.00 £20.00 £20.13
Average hourly rate % change year-on-year
-5.00% -0.62%
90% offered a hourly rate of more than £11.50 £11.72 £11.50
10% offered a hourly rate of more than £45.00 £42.50 £40.00
UK excluding London average hourly rate £18.50 £17.50 £20.00
% change year-on-year
+5.71% -12.50%

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 5 March 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 5 March 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 -6 37 £525 -4.54% 6
Interest Rate Derivative
UK

Interest Rate Derivative
Top 30 Related IT Skills in England

For the 6 months to 5 March 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 67 (88.16%) Derivative
2 41 (53.95%) Finance
3 38 (50.00%) Front Office
3 38 (50.00%) Foreign Exchange (FX)
4 33 (43.42%) Fixed Income
4 33 (43.42%) Banking
5 29 (38.16%) SQL
6 28 (36.84%) Investment Banking
6 28 (36.84%) Analytics
7 26 (34.21%) C#
7 26 (34.21%) XML
7 26 (34.21%) Credit Derivative
8 21 (27.63%) Murex
9 16 (21.05%) MS Excel
9 16 (21.05%) UML
9 16 (21.05%) .NET
9 16 (21.05%) Equity Derivative
10 15 (19.74%) Business Analysis
10 15 (19.74%) Data Architecture
10 15 (19.74%) C++
10 15 (19.74%) Data Modelling
11 14 (18.42%) Agile Software Development
11 14 (18.42%) Risk Analysis
12 13 (17.11%) Boost C++ Libraries
12 13 (17.11%) Grid Computing
12 13 (17.11%) Financial Institution
12 13 (17.11%) STL
13 11 (14.47%) Degree
14 10 (13.16%) Workflow
14 10 (13.16%) VBA

Interest Rate Derivative
Top Related IT Skills in England by Category

For the 6 months to 5 March 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 16 (21.05%) MS Excel
2 9 (11.84%) MS Project
3 8 (10.53%) Spreadsheet
Database & Business Intelligence
1 10 (13.16%) SQL Server
2 8 (10.53%) SQL Server 2008
2 8 (10.53%) SQL Server 2005
3 6 (7.89%) MS Access
4 2 (2.63%) Data Mart
4 2 (2.63%) SQL Server Integration Services
5 1 (1.32%) SQL Server Reporting Services
Development Applications
1 5 (6.58%) JIRA
General
1 41 (53.95%) Finance
2 38 (50.00%) Front Office
3 33 (43.42%) Banking
4 28 (36.84%) Investment Banking
5 13 (17.11%) Financial Institution
6 9 (11.84%) Back Office
7 1 (1.32%) French Language
Job Titles
1 27 (35.53%) Developer
2 21 (27.63%) Analyst
3 13 (17.11%) Business Analyst
4 12 (15.79%) Data Modeller
5 11 (14.47%) C# Developer
6 8 (10.53%) Technical Developer
6 8 (10.53%) Technical Leader
6 8 (10.53%) Lead Developer
7 7 (9.21%) C++ Developer
8 6 (7.89%) Murex Support
8 6 (7.89%) Murex Analyst
8 6 (7.89%) Murex Support Analyst
8 6 (7.89%) Support Analyst
9 5 (6.58%) Test Manager
9 5 (6.58%) Contracts Manager
9 5 (6.58%) C++/C# Developer
10 4 (5.26%) IT Business Analyst
10 4 (5.26%) Project Manager
11 3 (3.95%) Architect
11 3 (3.95%) Data Architect
Libraries, Frameworks & Software Standards
1 26 (34.21%) XML
2 16 (21.05%) .NET
3 13 (17.11%) Boost C++ Libraries
3 13 (17.11%) STL
4 9 (11.84%) FpML
4 9 (11.84%) Murex MxML
5 4 (5.26%) WPF
Miscellaneous
1 67 (88.16%) Derivative
2 38 (50.00%) Foreign Exchange (FX)
3 33 (43.42%) Fixed Income
4 26 (34.21%) Credit Derivative
5 16 (21.05%) Equity Derivative
6 13 (17.11%) Grid Computing
7 4 (5.26%) Market Risk
8 3 (3.95%) Analytical Skills
9 2 (2.63%) Mathematics
10 1 (1.32%) Computer Science
10 1 (1.32%) Swaptions
10 1 (1.32%) Economics
10 1 (1.32%) DTCC
Operating Systems
1 8 (10.53%) Windows 7
1 8 (10.53%) Windows
2 7 (9.21%) UNIX
Processes & Methodologies
1 28 (36.84%) Analytics
2 16 (21.05%) UML
3 15 (19.74%) Business Analysis
3 15 (19.74%) Data Architecture
3 15 (19.74%) Data Modelling
4 14 (18.42%) Agile Software Development
4 14 (18.42%) Risk Analysis
5 10 (13.16%) Workflow
6 8 (10.53%) Project Planning
7 7 (9.21%) Software Testing
8 5 (6.58%) Risk Management
8 5 (6.58%) Test Management
8 5 (6.58%) Technical Architecture
9 4 (5.26%) Project Management
10 3 (3.95%) Validation
10 3 (3.95%) Time Management
10 3 (3.95%) Data Management
10 3 (3.95%) Requirements Analysis
11 2 (2.63%) Data Analysis
11 2 (2.63%) Data Governance
Programming Languages
1 29 (38.16%) SQL
2 26 (34.21%) C#
3 15 (19.74%) C++
4 10 (13.16%) VBA
5 9 (11.84%) Python
6 8 (10.53%) T-SQL
7 7 (9.21%) Perl
8 1 (1.32%) Java
Qualifications
1 11 (14.47%) Degree
2 5 (6.58%) ISEB
2 5 (6.58%) ISEB Practitioner
Quality Assurance & Compliance
1 1 (1.32%) Basel II
1 1 (1.32%) EMIR
Systems Management
1 5 (6.58%) HP Quality Center
Vendors
1 21 (27.63%) Murex
2 10 (13.16%) Oracle
3 9 (11.84%) Sybase
4 8 (10.53%) Tradeweb
4 8 (10.53%) Microsoft
5 5 (6.58%) Calypso
5 5 (6.58%) HP
6 1 (1.32%) TIBCO
6 1 (1.32%) DataSynapse
London
Aston Carter
Rate: £350 - £400 per day
Posted: 2 days ago
London
Huxley Banking & Financial Services
Rate: £600 - £660 per day + competitive
Posted: 23 days ago