The table below looks at the prevalence of the term Interest Rate Derivative in IT contracts advertised for the London 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 4 September 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
4 Sep 2015
Same period 2014 Same period 2013
Interest Rate Derivatives
Rank 341 382 313
Rank change year-on-year
+41 -69
Contract jobs citing Interest Rate Derivative 72 38 116
As % of all contract IT jobs located in London 0.30% 0.16% 0.47%
As % of the Miscellaneous category 0.83% 0.42% 1.20%
Number of daily rates quoted 63 33 97
Average daily rate
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of your Daily Rate
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£625 £600 £575
Average daily rate % change year-on-year
+4.16% +4.34%
90% offered a daily rate of more than £450 £450 £500
10% offered a daily rate of more than £790 £650 £650
UK excluding London average daily rate £600 - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Interest Rate Derivative
England

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the London region.

Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
8650 8942 9644
As % of all contract IT jobs located in London 36.50% 37.34% 39.01%
Number of daily rates quoted 5968 5979 6584
Average daily rate £475 £450 £450
Average daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £275 £280 £275
10% offered a daily rate of more than £650 £625 £625
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 153 183 190
Average hourly rate £21.25 £19.00 £20.00
Average hourly rate % change year-on-year
+11.84% -5.00%
90% offered a hourly rate of more than £13.17 £14.04 £13.00
10% offered a hourly rate of more than £43.30 £45.00 £47.00
UK excluding London average hourly rate £21.50 £20.00 £17.50
% change year-on-year
+7.50% +14.28%

Interest Rate Derivative
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing Interest Rate Derivative across the London region as a proportion of the total demand within the Miscellaneous category.

Interest Rate Derivative Jobs Demand Trend in London

Interest Rate Derivative
Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Interest Rate Derivative across the London region.

Interest Rate Derivative Daily Rate Trend in London

Interest Rate Derivative
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Interest Rate Derivative across the London region over the 3 months to 4 September 2015.

Interest Rate Derivative Daily Rate Histogram in London

Interest Rate Derivative
Hourly Rate Trend in London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Interest Rate Derivative across the London region.

Interest Rate Derivative Hourly Rate Trend in London

Interest Rate Derivative
Contract Job Locations in London

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 London region over the 3 months to 4 September 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
City of London +28 29 £625 +13.63% 3
Canary Wharf - 1 £475 -
Interest Rate Derivative
England

Interest Rate Derivative
Top 30 Related IT Skills in London

For the 6 months to 4 September 2015, IT contractor jobs across the London 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 75 (67.57%) Front Office
2 74 (66.67%) Derivative
3 71 (63.96%) Banking
4 57 (51.35%) Investment Banking
5 48 (43.24%) Java
6 46 (41.44%) Finance
7 45 (40.54%) SQL
8 44 (39.64%) Fixed Income
9 39 (35.14%) C#
10 34 (30.63%) Oracle
11 32 (28.83%) Oracle Coherence
12 28 (25.23%) Scala
13 25 (22.52%) C++
14 22 (19.82%) JMS
14 22 (19.82%) Maven
14 22 (19.82%) Agile Software Development
14 22 (19.82%) TeamCity
14 22 (19.82%) Analytics
14 22 (19.82%) Multithreading
15 21 (18.92%) Git (software)
16 20 (18.02%) RESTful
17 19 (17.12%) Foreign Exchange (FX)
17 19 (17.12%) Subversion
17 19 (17.12%) Oracle Database
18 17 (15.32%) Business Analysis
18 17 (15.32%) .NET
18 17 (15.32%) SQL Server
19 15 (13.51%) Sybase
19 15 (13.51%) Financial Institution
20 14 (12.61%) VBA

Interest Rate Derivative
Top Related IT Skills in London by Category

For the 6 months to 4 September 2015, IT contractor jobs across the London 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 32 (28.83%) Oracle Coherence
2 5 (4.50%) Jetty
3 1 (0.90%) MTS
Applications
1 8 (7.21%) MS Excel
Communications & Networking
1 1 (0.90%) HTTP
1 1 (0.90%) Intranet
Database & Business Intelligence
1 19 (17.12%) Oracle Database
2 17 (15.32%) SQL Server
3 12 (10.81%) SQL Server 2008
4 6 (5.41%) SQL Server 2005
4 6 (5.41%) SQL Server 2012
4 6 (5.41%) MS Access
5 5 (4.50%) NoSQL
6 4 (3.60%) SQL Server Reporting Services
7 3 (2.70%) SQL Server Integration Services
8 2 (1.80%) BusinessObjects
8 2 (1.80%) Data Mining
9 1 (0.90%) OLTP
9 1 (0.90%) Data Mart
9 1 (0.90%) Data Warehouse
9 1 (0.90%) OLAP
9 1 (0.90%) Relational Database
9 1 (0.90%) SQL Server Analysis Services
Development Applications
1 22 (19.82%) Maven
1 22 (19.82%) TeamCity
2 21 (18.92%) Git (software)
3 19 (17.12%) Subversion
4 4 (3.60%) Jenkins
4 4 (3.60%) Ant
5 3 (2.70%) Hudson
6 2 (1.80%) Gradle
6 2 (1.80%) JUnit
6 2 (1.80%) Eclipse
7 1 (0.90%) JIRA
General
1 75 (67.57%) Front Office
2 71 (63.96%) Banking
3 57 (51.35%) Investment Banking
4 46 (41.44%) Finance
5 15 (13.51%) Financial Institution
6 4 (3.60%) Back Office
7 1 (0.90%) International Banking
7 1 (0.90%) Marketing
7 1 (0.90%) Retail
Job Titles
1 83 (74.77%) Developer
2 38 (34.23%) Java Developer
3 20 (18.02%) Analyst
4 16 (14.41%) Business Analyst
5 14 (12.61%) Senior Developer
6 13 (11.71%) Quantitative Developer
7 9 (8.11%) SQL Developer
7 9 (8.11%) C++ Developer
7 9 (8.11%) SQL Server Developer
8 6 (5.41%) Front Office Developer
8 6 (5.41%) Senior C++ Developer
9 5 (4.50%) C# Developer
9 5 (4.50%) C++ Quantitative Developer
10 3 (2.70%) WPF Developer
10 3 (2.70%) Server Support
10 3 (2.70%) Senior Java Developer
10 3 (2.70%) Junior
11 2 (1.80%) Software Engineer
11 2 (1.80%) Data Analyst
11 2 (1.80%) Database Developer
Libraries, Frameworks & Software Standards
1 22 (19.82%) JMS
2 20 (18.02%) RESTful
3 17 (15.32%) .NET
4 9 (8.11%) WPF
5 6 (5.41%) Middleware
5 6 (5.41%) STL
5 6 (5.41%) Boost C++ Libraries
6 5 (4.50%) Spring
7 4 (3.60%) XML
8 3 (2.70%) HTML
8 3 (2.70%) FpML
8 3 (2.70%) HTML5
9 2 (1.80%) Murex MxML
10 1 (0.90%) Reactive Extensions
10 1 (0.90%) Gherkin
10 1 (0.90%) AngularJS
10 1 (0.90%) WinForms
10 1 (0.90%) Rendezvous
10 1 (0.90%) Web Services
10 1 (0.90%) ASP.NET
Miscellaneous
1 74 (66.67%) Derivative
2 44 (39.64%) Fixed Income
3 19 (17.12%) Foreign Exchange (FX)
4 10 (9.01%) Analytical Skills
5 8 (7.21%) Mathematics
5 8 (7.21%) Credit Derivative
6 7 (6.31%) Grid Computing
6 7 (6.31%) Market Risk
7 5 (4.50%) Hedge funds
7 5 (4.50%) Equity Derivative
8 2 (1.80%) Equities
8 2 (1.80%) Management Information System
8 2 (1.80%) Reference Data
8 2 (1.80%) Computer Science
9 1 (0.90%) Swaptions
9 1 (0.90%) Credit Risk
9 1 (0.90%) Visualisation
9 1 (0.90%) User Experience
9 1 (0.90%) Data Structures
9 1 (0.90%) Algorithms
Operating Systems
1 7 (6.31%) UNIX
2 6 (5.41%) Linux
3 4 (3.60%) Windows
4 1 (0.90%) Solaris
Processes & Methodologies
1 22 (19.82%) Agile Software Development
1 22 (19.82%) Multithreading
1 22 (19.82%) Analytics
2 17 (15.32%) Business Analysis
3 13 (11.71%) TDD
3 13 (11.71%) Risk Management
3 13 (11.71%) RAD
4 8 (7.21%) Risk Analysis
5 7 (6.31%) Asset Management
6 6 (5.41%) Data Management
6 6 (5.41%) MVC
6 6 (5.41%) Electronic Trading
6 6 (5.41%) Migration
6 6 (5.41%) Fund Management
7 5 (4.50%) Technical Architecture
7 5 (4.50%) MVVM
8 4 (3.60%) Functional Programming
8 4 (3.60%) SDLC
8 4 (3.60%) Time Management
9 3 (2.70%) User Acceptance Testing
Programming Languages
1 48 (43.24%) Java
2 45 (40.54%) SQL
3 39 (35.14%) C#
4 28 (25.23%) Scala
5 25 (22.52%) C++
6 14 (12.61%) VBA
7 8 (7.21%) Python
8 6 (5.41%) T-SQL
9 4 (3.60%) Perl
9 4 (3.60%) R
10 2 (1.80%) VB
11 1 (0.90%) MATLAB
11 1 (0.90%) APL
Qualifications
1 11 (9.91%) Degree
2 1 (0.90%) PhD
2 1 (0.90%) A+ Certification
Quality Assurance & Compliance
1 3 (2.70%) EMIR
2 2 (1.80%) Dodd-Frank
2 2 (1.80%) Data Quality
3 1 (0.90%) MiFID
Vendors
1 34 (30.63%) Oracle
2 15 (13.51%) Sybase
3 10 (9.01%) Microsoft
4 6 (5.41%) TIBCO
5 5 (4.50%) Murex
5 5 (4.50%) Solace
6 3 (2.70%) Tradeweb
7 2 (1.80%) MicroStrategy
8 1 (0.90%) Foundry
8 1 (0.90%) Software AG
8 1 (0.90%) Bloomberg
8 1 (0.90%) eSpeed
8 1 (0.90%) Perforce
8 1 (0.90%) Thunderhead
8 1 (0.90%) Sun
London
Aston Carter
Rate: £550 - £555501 per day
Posted: 13 hours ago
London
McGregor Boyall
Rate: £550 - £650 per day
Posted: 14 hours ago
London
Optima Connections
Rate: Up to £450 per day
Posted: Yesterday
City, London
Networking People
Rate: £800 - £1000 per day + ++ Neg
Posted: 2 days ago
London
Hays IT - Uk Posting account
Rate: £750.00 - £830.00 per day
Posted: 11 days ago
London
Hays IT - Uk Posting account
Rate: £750.00 - £830.00 per day
Posted: 15 days ago