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 contractor rates offered in IT contracts that have cited Interest Rate Derivative over the 3 months to 25 May 2016 with a comparison to the same period over 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.

3 months to
25 May 2016
Same period 2015 Same period 2014
Interest Rate Derivatives
Rank 385 380 367
Rank change year-on-year
-5 -13
Contract jobs citing Interest Rate Derivative 32 37 49
As % of all contract IT jobs located in London 0.15% 0.17% 0.22%
As % of the Miscellaneous category 0.40% 0.46% 0.57%
Number of daily rates quoted 32 35 42
Median daily rate £525 £575 £600
Median daily rate % change year-on-year
-8.69% -4.16%
UK excluding London median daily rate - £400 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
7916 8056 8530
As % of all contract IT jobs located in London 36.43% 36.33% 37.67%
Number of daily rates quoted 5641 5520 5995
Median daily rate £475 £464 £450
Median daily rate % change year-on-year
+2.42% +3.05%
90% offered a daily rate of more than £298 £275 £275
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 111 138 156
Median hourly rate £21.00 £18.00 £20.00
Median hourly rate % change year-on-year
+16.66% -10.00%
90% offered a hourly rate of more than £12.50 £13.50 £14.04
10% offered a hourly rate of more than £55.00 £40.00 £42.20
UK excluding London median hourly rate £21.36 £18.00 £21.00
% change year-on-year
+18.63% -14.28%

Interest Rate Derivative
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing Interest Rate Derivative as a proportion of all IT contracts with a match in 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 25 May 2016.

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 median contractor rates quoted in IT jobs citing Interest Rate Derivative within the London region over the 3 months to 25 May 2016. 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +38 2 £625 +0.80%
Interest Rate Derivative
England

Interest Rate Derivative
Top 30 Related IT Skills in London

For the 6 months to 25 May 2016, IT contractor jobs citing Interest Rate Derivative also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for Interest Rate Derivative.

1 54 (93.10%) Derivative
2 42 (72.41%) Finance
3 39 (67.24%) C#
4 37 (63.79%) SQL
5 36 (62.07%) Banking
6 30 (51.72%) .NET
7 28 (48.28%) SQL Server Integration Services
8 27 (46.55%) Financial Institution
8 27 (46.55%) Microsoft
9 18 (31.03%) Front Office
10 17 (29.31%) C++
11 12 (20.69%) Fixed Income
11 12 (20.69%) TDD
11 12 (20.69%) SQL Server Reporting Services
12 10 (17.24%) Grid Computing
12 10 (17.24%) Foreign Exchange (FX)
13 9 (15.52%) Java
14 7 (12.07%) MVC
14 7 (12.07%) ASP.NET
14 7 (12.07%) Agile Software Development
15 6 (10.34%) VBA
16 5 (8.62%) Oracle
16 5 (8.62%) Sybase
16 5 (8.62%) ASP.NET MVC
16 5 (8.62%) Multithreading
16 5 (8.62%) Electronic Trading
17 4 (6.90%) WPF
17 4 (6.90%) Investment Banking
17 4 (6.90%) Unix
17 4 (6.90%) Windows

Interest Rate Derivative
Top Related IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (3.45%) Jetty
2 1 (1.72%) Oracle Coherence
Business Applications
1 1 (1.72%) Summit
Database & Business Intelligence
1 28 (48.28%) SQL Server Integration Services
2 12 (20.69%) SQL Server Reporting Services
3 3 (5.17%) SQL Server
4 2 (3.45%) NoSQL
5 1 (1.72%) Big Data
5 1 (1.72%) Oracle Database
5 1 (1.72%) SQL Server 2005
5 1 (1.72%) SQL Server 2008
Development Applications
1 3 (5.17%) Maven
1 3 (5.17%) TeamCity
2 2 (3.45%) Ant
2 2 (3.45%) Hudson
2 2 (3.45%) Jenkins
3 1 (1.72%) Git (software)
3 1 (1.72%) Subversion
General
1 42 (72.41%) Finance
2 36 (62.07%) Banking
3 27 (46.55%) Financial Institution
4 18 (31.03%) Front Office
5 4 (6.90%) Investment Banking
6 2 (3.45%) Retail
7 1 (1.72%) Back Office
Job Titles
1 50 (86.21%) Developer
2 36 (62.07%) C# Developer
3 29 (50.00%) .NET Developer
3 29 (50.00%) C# .NET Developer
4 28 (48.28%) SQL Developer
5 17 (29.31%) SSIS Developer
6 11 (18.97%) C++ Developer
7 9 (15.52%) Senior Developer
8 8 (13.79%) Java Developer
9 6 (10.34%) Agile Developer
9 6 (10.34%) C++ Quantitative Developer
9 6 (10.34%) C++/C# Developer
9 6 (10.34%) Quantitative Developer
9 6 (10.34%) Senior Java Developer
10 5 (8.62%) Agile C# Developer
10 5 (8.62%) ASP.NET MVC Developer
10 5 (8.62%) Grid Developer
11 4 (6.90%) Analyst
11 4 (6.90%) ASP.NET Developer
11 4 (6.90%) Business Analyst
Libraries, Frameworks & Software Standards
1 30 (51.72%) .NET
2 7 (12.07%) ASP.NET
3 5 (8.62%) ASP.NET MVC
4 4 (6.90%) WPF
5 3 (5.17%) Middleware
5 3 (5.17%) Spring
6 2 (3.45%) JMS
7 1 (1.72%) AngularJS
7 1 (1.72%) Apache Camel
7 1 (1.72%) Rendezvous
7 1 (1.72%) RESTful
7 1 (1.72%) TIBCO EMS
7 1 (1.72%) Web Services
Miscellaneous
1 54 (93.10%) Derivative
2 12 (20.69%) Fixed Income
3 10 (17.24%) Foreign Exchange (FX)
3 10 (17.24%) Grid Computing
4 3 (5.17%) Mathematics
5 2 (3.45%) Analytical Skills
6 1 (1.72%) Computer Science
6 1 (1.72%) Credit Derivative
6 1 (1.72%) OTC Derivatives
6 1 (1.72%) Swaptions
Operating Systems
1 4 (6.90%) Linux
1 4 (6.90%) Unix
1 4 (6.90%) Windows
Processes & Methodologies
1 12 (20.69%) TDD
2 7 (12.07%) Agile Software Development
2 7 (12.07%) MVC
3 5 (8.62%) Electronic Trading
3 5 (8.62%) Multithreading
4 4 (6.90%) Pair Programming
5 3 (5.17%) Migration
6 2 (3.45%) CRM
6 2 (3.45%) GAP Analysis
6 2 (3.45%) Low Latency
6 2 (3.45%) Project Management
6 2 (3.45%) Risk Management
6 2 (3.45%) Stakeholder Management
7 1 (1.72%) Business Analysis
7 1 (1.72%) Collateral Management
7 1 (1.72%) DevOps
7 1 (1.72%) Project Planning
7 1 (1.72%) SDLC
7 1 (1.72%) User Acceptance Testing
7 1 (1.72%) Web Application Development
Programming Languages
1 39 (67.24%) C#
2 37 (63.79%) SQL
3 17 (29.31%) C++
4 9 (15.52%) Java
5 6 (10.34%) VBA
6 2 (3.45%) Python
7 1 (1.72%) JavaScript
7 1 (1.72%) Scala
Qualifications
1 3 (5.17%) PhD
2 2 (3.45%) Degree
System Software
1 2 (3.45%) Platform Symphony
Vendors
1 27 (46.55%) Microsoft
2 5 (8.62%) Oracle
2 5 (8.62%) Sybase
3 3 (5.17%) Murex
3 3 (5.17%) TIBCO
4 2 (3.45%) DataSynapse
4 2 (3.45%) Solace
5 1 (1.72%) Teradata