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 19 September 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
19 Sep 2014
Same period 2013 Same period 2012
Interest Rate Derivatives
Rank 537 457 443
Rank change year-on-year
-80 -14
Contract jobs citing Interest Rate Derivative 41 112 132
As % of all contract IT jobs located in England 0.078% 0.23% 0.25%
As % of the Miscellaneous category 0.25% 0.74% 0.82%
Number of daily rates quoted 37 91 100
Average daily rate
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of your Daily Rate
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£600 £575 £563
Average daily rate % change year-on-year
+4.34% +2.22%
90% offered a daily rate of more than £450 £525 £518
10% offered a daily rate of more than £650 £650 £689
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
16171 15218 16173
As % of all contract IT jobs located in England 30.95% 31.55% 30.58%
Number of daily rates quoted 9949 9558 9540
Average daily rate £413 £420 £413
Average daily rate % change year-on-year
-1.72% +1.75%
90% offered a daily rate of more than £240 £250 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £345
% change year-on-year
- +1.44%
Number of hourly rates quoted 681 614 799
Average hourly rate £18.70 £19.00 £25.00
Average hourly rate % change year-on-year
-1.57% -24.00%
90% offered a hourly rate of more than £12.00 £12.42 £12.00
10% offered a hourly rate of more than £40.10 £42.50 £45.00
UK excluding London average hourly rate £18.90 £17.50 £26.00
% change year-on-year
+8.00% -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 19 September 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 19 September 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 -57 40 £600 +4.34% 9
Interest Rate Derivative
UK

Interest Rate Derivative
Top 30 Related IT Skills in England

For the 6 months to 19 September 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 84 (94.38%) Derivative
2 49 (55.06%) Finance
3 45 (50.56%) Front Office
4 41 (46.07%) C++
5 33 (37.08%) Java
6 28 (31.46%) Foreign Exchange (FX)
7 26 (29.21%) SQL
8 25 (28.09%) Fixed Income
8 25 (28.09%) Scala
9 20 (22.47%) XML
10 19 (21.35%) C#
10 19 (21.35%) Risk Management
11 18 (20.22%) FpML
11 18 (20.22%) Workflow
12 17 (19.10%) Banking
12 17 (19.10%) Oracle
12 17 (19.10%) STL
12 17 (19.10%) Windows
12 17 (19.10%) Boost C++ Libraries
13 16 (17.98%) Multithreading
13 16 (17.98%) UNIX
14 14 (15.73%) Linux
14 14 (15.73%) Python
14 14 (15.73%) HTML
14 14 (15.73%) JavaScript
14 14 (15.73%) Grid Computing
14 14 (15.73%) HTML5
14 14 (15.73%) AngularJS
15 13 (14.61%) Spring
15 13 (14.61%) Mathematics

Interest Rate Derivative
Top Related IT Skills in England by Category

For the 6 months to 19 September 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 (1.12%) Oracle Coherence
Applications
1 8 (8.99%) MS Excel
2 7 (7.87%) MS Project
3 6 (6.74%) Spreadsheet
4 2 (2.25%) MS PowerPoint
4 2 (2.25%) MS Visio
Business Applications
1 2 (2.25%) Summit
1 2 (2.25%) Markit EDM
Database & Business Intelligence
1 8 (8.99%) Oracle Database
2 7 (7.87%) Relational Database
2 7 (7.87%) Oracle Database 10g
3 5 (5.62%) SQL Server
4 2 (2.25%) SQL Server Integration Services
4 2 (2.25%) SQL Server Reporting Services
5 1 (1.12%) Hazelcast
5 1 (1.12%) SQL Server 2008
5 1 (1.12%) Oracle Database 11g
5 1 (1.12%) Data Mining
5 1 (1.12%) Data Mart
Development Applications
1 8 (8.99%) Subversion
1 8 (8.99%) Visual Studio
2 2 (2.25%) Maven
2 2 (2.25%) JUnit
2 2 (2.25%) TeamCity
2 2 (2.25%) Team Foundation Server
2 2 (2.25%) Gradle
3 1 (1.12%) CppUnit
3 1 (1.12%) JIRA
General
1 49 (55.06%) Finance
2 45 (50.56%) Front Office
3 17 (19.10%) Banking
4 10 (11.24%) Investment Banking
5 9 (10.11%) Back Office
6 3 (3.37%) Retail
7 2 (2.25%) Financial Institution
8 1 (1.12%) Retail Banking
Job Titles
1 59 (66.29%) Developer
2 15 (16.85%) Analyst
3 13 (14.61%) Front Office Developer
4 12 (13.48%) Business Analyst
4 12 (13.48%) Java Developer
5 11 (12.36%) Scala Developer
6 8 (8.99%) C++ Developer
7 7 (7.87%) SQL Developer
8 6 (6.74%) Project Manager
9 5 (5.62%) Technical Developer
9 5 (5.62%) Lead Developer
9 5 (5.62%) Python Developer
9 5 (5.62%) Technical Leader
10 4 (4.49%) C# Developer
10 4 (4.49%) Senior Developer
10 4 (4.49%) Test Leader
11 3 (3.37%) Investment Banking Business Analyst
11 3 (3.37%) C++/C# Developer
12 2 (2.25%) Murex Consultant
12 2 (2.25%) .NET Developer
Libraries, Frameworks & Software Standards
1 20 (22.47%) XML
2 18 (20.22%) FpML
3 17 (19.10%) STL
3 17 (19.10%) Boost C++ Libraries
4 14 (15.73%) HTML
4 14 (15.73%) HTML5
4 14 (15.73%) AngularJS
5 13 (14.61%) Spring
5 13 (14.61%) .NET
6 7 (7.87%) XSLT
7 2 (2.25%) WCF
7 2 (2.25%) WPF
7 2 (2.25%) MDX
7 2 (2.25%) WinForms
7 2 (2.25%) DOM
7 2 (2.25%) ASP.NET
7 2 (2.25%) Middleware
7 2 (2.25%) Restlet
8 1 (1.12%) ADO.NET Entity Framework
8 1 (1.12%) Murex MxML
Miscellaneous
1 84 (94.38%) Derivative
2 28 (31.46%) Foreign Exchange (FX)
3 25 (28.09%) Fixed Income
4 14 (15.73%) Grid Computing
5 13 (14.61%) Mathematics
6 12 (13.48%) Analytical Skills
7 11 (12.36%) Open Source
7 11 (12.36%) Credit Derivative
7 11 (12.36%) Computer Science
8 5 (5.62%) Swaptions
9 4 (4.49%) Equity Derivative
10 3 (3.37%) DTCC
11 2 (2.25%) Equities
11 2 (2.25%) Credit Risk
11 2 (2.25%) Market Risk
11 2 (2.25%) Reference Data
11 2 (2.25%) Visualisation
11 2 (2.25%) Hedge funds
12 1 (1.12%) Client/Server
12 1 (1.12%) Hybrid Derivative
Operating Systems
1 17 (19.10%) Windows
2 16 (17.98%) UNIX
3 14 (15.73%) Linux
4 6 (6.74%) Windows 7
5 1 (1.12%) Windows Server 2008
5 1 (1.12%) Windows Server 2003
Processes & Methodologies
1 19 (21.35%) Risk Management
2 18 (20.22%) Workflow
3 16 (17.98%) Multithreading
4 11 (12.36%) Low Latency
5 10 (11.24%) Business Analysis
5 10 (11.24%) Analytics
5 10 (11.24%) Unit Testing
5 10 (11.24%) Risk Analysis
6 9 (10.11%) Agile Software Development
7 8 (8.99%) Regression Testing
8 6 (6.74%) Project Planning
8 6 (6.74%) Greeks
9 5 (5.62%) OO
10 4 (4.49%) TDD
10 4 (4.49%) Data Modelling
11 3 (3.37%) Portfolio Management
11 3 (3.37%) OOP
11 3 (3.37%) Asset Management
11 3 (3.37%) Data Management
11 3 (3.37%) Data Analysis
Programming Languages
1 41 (46.07%) C++
2 33 (37.08%) Java
3 26 (29.21%) SQL
4 25 (28.09%) Scala
5 19 (21.35%) C#
6 14 (15.73%) Python
6 14 (15.73%) JavaScript
7 7 (7.87%) VC++
8 4 (4.49%) VBA
9 1 (1.12%) PowerShell
9 1 (1.12%) MATLAB
9 1 (1.12%) Perl
9 1 (1.12%) VB
9 1 (1.12%) C
9 1 (1.12%) VB6
Qualifications
1 9 (10.11%) Degree
2 2 (2.25%) MCSE
2 2 (2.25%) MCSD
2 2 (2.25%) Microsoft Certification
Quality Assurance & Compliance
1 3 (3.37%) EMIR
2 1 (1.12%) Basel III
2 1 (1.12%) Data Quality
Systems Management
1 1 (1.12%) HP Quality Center
Vendors
1 17 (19.10%) Oracle
2 10 (11.24%) Microsoft
3 8 (8.99%) Murex
4 7 (7.87%) Tradeweb
5 4 (4.49%) DataSynapse
6 2 (2.25%) Bloomberg
6 2 (2.25%) Linedata
6 2 (2.25%) Infragistics
6 2 (2.25%) DevExpress
6 2 (2.25%) BI-SAM
7 1 (1.12%) MicroStrategy
7 1 (1.12%) TIBCO
7 1 (1.12%) Business Objects