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 21 November 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
21 Nov 2014
Same period 2013 Same period 2012
Interest Rate Derivatives
Rank 538 481 421
Rank change year-on-year
-57 -60
Contract jobs citing Interest Rate Derivative 42 77 125
As % of all contract IT jobs located in England 0.081% 0.16% 0.27%
As % of the Miscellaneous category 0.26% 0.50% 0.87%
Number of daily rates quoted 39 68 109
Average daily rate
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of your Daily Rate
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£600 £550 £575
Average daily rate % change year-on-year
+9.09% -4.34%
90% offered a daily rate of more than £525 £471 £445
10% offered a daily rate of more than £650 £700 £700
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
15953 15269 14336
As % of all contract IT jobs located in England 30.59% 32.11% 30.55%
Number of daily rates quoted 10301 9748 8521
Average daily rate £415 £413 £425
Average daily rate % change year-on-year
+0.60% -2.94%
90% offered a daily rate of more than £240 £238 £240
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £360 £350 £350
% change year-on-year
+2.85% -
Number of hourly rates quoted 638 624 744
Average hourly rate £17.00 £21.00 £21.00
Average hourly rate % change year-on-year
-19.04% -
90% offered a hourly rate of more than £11.00 £12.42 £12.00
10% offered a hourly rate of more than £42.50 £41.50 £42.55
UK excluding London average hourly rate £17.00 £19.00 £20.00
% change year-on-year
-10.52% -5.00%

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 21 November 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 21 November 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 -35 42 £600 +9.09% 7
Interest Rate Derivative
UK

Interest Rate Derivative
Top 30 Related IT Skills in England

For the 6 months to 21 November 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 76 (98.70%) Derivative
2 44 (57.14%) Finance
3 37 (48.05%) Front Office
3 37 (48.05%) SQL
4 35 (45.45%) Fixed Income
5 34 (44.16%) C++
6 31 (40.26%) XML
7 27 (35.06%) Foreign Exchange (FX)
8 26 (33.77%) STL
8 26 (33.77%) Boost C++ Libraries
9 25 (32.47%) C#
10 24 (31.17%) Oracle
11 23 (29.87%) Windows
12 22 (28.57%) Analytics
13 20 (25.97%) Grid Computing
13 20 (25.97%) Banking
14 19 (24.68%) Risk Analysis
15 18 (23.38%) FpML
15 18 (23.38%) .NET
16 17 (22.08%) Python
16 17 (22.08%) Credit Derivative
16 17 (22.08%) Investment Banking
17 16 (20.78%) Agile Software Development
17 16 (20.78%) Murex
18 15 (19.48%) Microsoft
19 14 (18.18%) MS Excel
20 13 (16.88%) MS Project
21 12 (15.58%) Project Planning
21 12 (15.58%) Spreadsheet
21 12 (15.58%) Windows 7

Interest Rate Derivative
Top Related IT Skills in England by Category

For the 6 months to 21 November 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.

Applications
1 14 (18.18%) MS Excel
2 13 (16.88%) MS Project
3 12 (15.58%) Spreadsheet
4 2 (2.60%) MS Visio
4 2 (2.60%) MS PowerPoint
Business Applications
1 2 (2.60%) Summit
Database & Business Intelligence
1 8 (10.39%) Oracle Database
2 7 (9.09%) Relational Database
2 7 (9.09%) Oracle Database 10g
3 3 (3.90%) SQL Server
4 1 (1.30%) Data Mining
4 1 (1.30%) SQL Server Reporting Services
4 1 (1.30%) SQL Server Integration Services
4 1 (1.30%) Oracle Database 11g
Development Applications
1 8 (10.39%) Visual Studio
1 8 (10.39%) Subversion
2 5 (6.49%) JIRA
3 1 (1.30%) CppUnit
3 1 (1.30%) TeamCity
3 1 (1.30%) Team Foundation Server
General
1 44 (57.14%) Finance
2 37 (48.05%) Front Office
3 20 (25.97%) Banking
4 17 (22.08%) Investment Banking
5 7 (9.09%) Back Office
6 6 (7.79%) Financial Institution
Job Titles
1 39 (50.65%) Developer
2 20 (25.97%) Analyst
3 13 (16.88%) Business Analyst
4 11 (14.29%) Lead Developer
4 11 (14.29%) Technical Leader
4 11 (14.29%) Technical Developer
5 10 (12.99%) C++ Developer
6 7 (9.09%) C# Developer
6 7 (9.09%) SQL Developer
7 6 (7.79%) Murex Support
7 6 (7.79%) Murex Analyst
8 5 (6.49%) Data Modeller
8 5 (6.49%) C++/C# Developer
8 5 (6.49%) Murex Support Analyst
8 5 (6.49%) Support Analyst
9 4 (5.19%) Contracts Manager
9 4 (5.19%) Test Manager
10 3 (3.90%) Project Manager
10 3 (3.90%) Senior Developer
10 3 (3.90%) Python Developer
Libraries, Frameworks & Software Standards
1 31 (40.26%) XML
2 26 (33.77%) Boost C++ Libraries
2 26 (33.77%) STL
3 18 (23.38%) .NET
3 18 (23.38%) FpML
4 7 (9.09%) XSLT
5 6 (7.79%) Murex MxML
6 1 (1.30%) HTML5
6 1 (1.30%) AngularJS
6 1 (1.30%) Middleware
6 1 (1.30%) WinForms
6 1 (1.30%) Spring
6 1 (1.30%) MDX
6 1 (1.30%) WCF
6 1 (1.30%) WPF
6 1 (1.30%) ASP.NET
6 1 (1.30%) HTML
Miscellaneous
1 76 (98.70%) Derivative
2 35 (45.45%) Fixed Income
3 27 (35.06%) Foreign Exchange (FX)
4 20 (25.97%) Grid Computing
5 17 (22.08%) Credit Derivative
6 8 (10.39%) Equity Derivative
7 3 (3.90%) DTCC
8 2 (2.60%) Reference Data
8 2 (2.60%) Hedge funds
8 2 (2.60%) Analytical Skills
9 1 (1.30%) Visualisation
9 1 (1.30%) Open Source
9 1 (1.30%) Equities
9 1 (1.30%) Mathematics
9 1 (1.30%) Computer Science
9 1 (1.30%) Swaptions
9 1 (1.30%) Credit Risk
9 1 (1.30%) Market Risk
Operating Systems
1 23 (29.87%) Windows
2 12 (15.58%) Windows 7
3 7 (9.09%) UNIX
4 1 (1.30%) Linux
4 1 (1.30%) Windows Server 2003
4 1 (1.30%) Windows Server 2008
Processes & Methodologies
1 22 (28.57%) Analytics
2 19 (24.68%) Risk Analysis
3 16 (20.78%) Agile Software Development
4 12 (15.58%) Project Planning
5 11 (14.29%) Workflow
6 10 (12.99%) Business Analysis
7 9 (11.69%) Risk Management
7 9 (11.69%) Unit Testing
8 8 (10.39%) Regression Testing
8 8 (10.39%) Data Modelling
9 6 (7.79%) UML
10 5 (6.49%) Data Architecture
11 4 (5.19%) Greeks
11 4 (5.19%) Test Management
11 4 (5.19%) Data Analysis
11 4 (5.19%) Software Testing
12 3 (3.90%) OO
12 3 (3.90%) Multithreading
13 2 (2.60%) Project Management
13 2 (2.60%) Migration
Programming Languages
1 37 (48.05%) SQL
2 34 (44.16%) C++
3 25 (32.47%) C#
4 17 (22.08%) Python
5 7 (9.09%) VC++
6 6 (7.79%) Perl
7 4 (5.19%) Java
7 4 (5.19%) VBA
8 2 (2.60%) Scala
9 1 (1.30%) VB6
9 1 (1.30%) PowerShell
9 1 (1.30%) VB
9 1 (1.30%) JavaScript
Qualifications
1 5 (6.49%) Degree
2 4 (5.19%) ISEB Practitioner
2 4 (5.19%) ISEB
3 1 (1.30%) Microsoft Certification
3 1 (1.30%) MCSD
3 1 (1.30%) MCSE
Quality Assurance & Compliance
1 3 (3.90%) EMIR
2 1 (1.30%) Data Quality
Systems Management
1 4 (5.19%) HP Quality Center
Vendors
1 24 (31.17%) Oracle
2 16 (20.78%) Murex
3 15 (19.48%) Microsoft
4 7 (9.09%) Tradeweb
5 5 (6.49%) Sybase
6 4 (5.19%) Calypso
6 4 (5.19%) HP
7 2 (2.60%) DataSynapse
8 1 (1.30%) Business Objects
8 1 (1.30%) MicroStrategy
8 1 (1.30%) TIBCO
8 1 (1.30%) Infragistics
8 1 (1.30%) DevExpress
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