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 17 January 2017 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
17 Jan 2017
Same period 2016 Same period 2015
Interest Rate Derivatives
England / London
Rank 377 375 364
Rank change year-on-year
-2 -11
Contract jobs citing Interest Rate Derivative 19 30 31
As % of all contract IT jobs located in London 0.098% 0.15% 0.15%
As % of the Miscellaneous category 0.27% 0.40% 0.41%
Number of daily rates quoted 8 26 30
Median daily rate £638 £625 £600
Median daily rate % change year-on-year
+2.00% +4.16%
90% offered a daily rate of more than £513 £535 £525
10% offered a daily rate of more than £650 £875 £650
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
7015 7450 7537
As % of all contract IT jobs located in London 36.23% 36.29% 36.27%
Number of daily rates quoted 4826 5128 5305
Median daily rate £500 £475 £450
Median daily rate % change year-on-year
+5.26% +5.55%
90% offered a daily rate of more than £313 £285 £275
10% offered a daily rate of more than £650 £650 £625
UK excluding London median daily rate £394 £375 £365
% change year-on-year
+4.93% +2.73%
Number of hourly rates quoted 114 134 150
Median hourly rate £25.00 £22.50 £17.87
Median hourly rate % change year-on-year
+11.11% +25.94%
90% offered a hourly rate of more than £14.00 £13.00 £13.25
10% offered a hourly rate of more than £50.00 £42.50 £37.00
UK excluding London median hourly rate £18.71 £21.50 £17.50
% change year-on-year
-12.96% +22.85%

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 17 January 2017.

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 17 January 2017. 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 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
Canary Wharf - 3 £650 -
City of London -17 2 £588 -9.61% 3
Interest Rate Derivative
England

Interest Rate Derivative
Top 30 Related IT Skills in London

For the 6 months to 17 January 2017, 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 27 (81.82%) Derivative
2 21 (63.64%) Front Office
3 20 (60.61%) Fixed Income
4 17 (51.52%) Finance
5 14 (42.42%) SQL
6 11 (33.33%) Foreign Exchange (FX)
7 10 (30.30%) Agile Software Development
8 9 (27.27%) Java
8 9 (27.27%) Unix
9 8 (24.24%) Murex
9 8 (24.24%) Banking
9 8 (24.24%) Scala
10 7 (21.21%) Akka
10 7 (21.21%) Kafka
10 7 (21.21%) TDD
10 7 (21.21%) Equities
10 7 (21.21%) Back Office
10 7 (21.21%) Perl
11 6 (18.18%) Sybase
11 6 (18.18%) Scrum
11 6 (18.18%) Big Data
11 6 (18.18%) Test Automation
11 6 (18.18%) MiFID
11 6 (18.18%) Data Mart
11 6 (18.18%) Investment Banking
11 6 (18.18%) Murex MxML
12 5 (15.15%) Git (software)
12 5 (15.15%) Swaptions
12 5 (15.15%) Oracle Coherence
12 5 (15.15%) Maven

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 5 (15.15%) Apache
1 5 (15.15%) Apache Spark
1 5 (15.15%) Oracle Coherence
Business Applications
1 1 (3.03%) Bloomberg TOMS
Database & Business Intelligence
1 6 (18.18%) Big Data
1 6 (18.18%) Data Mart
2 5 (15.15%) Apache Cassandra
2 5 (15.15%) Hadoop
2 5 (15.15%) HBase
2 5 (15.15%) MongoDB
2 5 (15.15%) NoSQL
2 5 (15.15%) Spark SQL
3 1 (3.03%) BusinessObjects
3 1 (3.03%) Data Warehouse
Development Applications
1 5 (15.15%) Git (software)
1 5 (15.15%) Maven
General
1 21 (63.64%) Front Office
2 17 (51.52%) Finance
3 8 (24.24%) Banking
4 7 (21.21%) Back Office
5 6 (18.18%) Investment Banking
6 2 (6.06%) Legal
6 2 (6.06%) Retail
7 1 (3.03%) Corporate Banking
7 1 (3.03%) Financial Institution
7 1 (3.03%) Spanish Language
Job Titles
1 15 (45.45%) Analyst
2 11 (33.33%) Developer
3 8 (24.24%) Java Developer
3 8 (24.24%) Java Scala Developer
3 8 (24.24%) Scala Developer
4 7 (21.21%) Business Analyst
4 7 (21.21%) FX Support Analyst
4 7 (21.21%) Support Analyst
5 6 (18.18%) MiFID Business Analyst
5 6 (18.18%) Murex Analyst
5 6 (18.18%) Murex Support
5 6 (18.18%) Murex Support Analyst
6 5 (15.15%) Apache Spark Developer
6 5 (15.15%) Big Data Developer
6 5 (15.15%) Senior Big Data Developer
6 5 (15.15%) Senior Developer
6 5 (15.15%) Senior Java Developer
6 5 (15.15%) Senior Java Scala Developer
6 5 (15.15%) Senior Scala Developer
7 2 (6.06%) Front Office Developer
Libraries, Frameworks & Software Standards
1 7 (21.21%) Akka
1 7 (21.21%) Kafka
2 6 (18.18%) Murex MxML
3 5 (15.15%) JMS
4 2 (6.06%) HTML
4 2 (6.06%) HTML5
4 2 (6.06%) Middleware
5 1 (3.03%) .NET
5 1 (3.03%) FIX Protocol
5 1 (3.03%) WPF
Miscellaneous
1 27 (81.82%) Derivative
2 20 (60.61%) Fixed Income
3 11 (33.33%) Foreign Exchange (FX)
4 7 (21.21%) Equities
5 5 (15.15%) Swaptions
6 4 (12.12%) Credit Derivative
7 3 (9.09%) Grid Computing
8 2 (6.06%) Analytical Skills
8 2 (6.06%) Data Structures
8 2 (6.06%) Equity Derivative
9 1 (3.03%) Management Information System
9 1 (3.03%) Market Risk
9 1 (3.03%) OTC Derivatives
9 1 (3.03%) Virtual Team
Operating Systems
1 9 (27.27%) Unix
2 5 (15.15%) Linux
Processes & Methodologies
1 10 (30.30%) Agile Software Development
2 7 (21.21%) TDD
3 6 (18.18%) Scrum
3 6 (18.18%) Test Automation
4 5 (15.15%) BDD
4 5 (15.15%) MapReduce
5 3 (9.09%) Change Management
5 3 (9.09%) Multithreading
5 3 (9.09%) Software Engineering
6 2 (6.06%) Analytics
6 2 (6.06%) Business Analysis
6 2 (6.06%) Data Ingestion
6 2 (6.06%) DevOps
6 2 (6.06%) Mentoring
6 2 (6.06%) Multithreaded Programming
6 2 (6.06%) Test Scripting
7 1 (3.03%) Electronic Trading
7 1 (3.03%) ETL Development
7 1 (3.03%) QA Automation
7 1 (3.03%) User Stories
Programming Languages
1 14 (42.42%) SQL
2 9 (27.27%) Java
3 8 (24.24%) Scala
4 7 (21.21%) Perl
5 4 (12.12%) C++
6 3 (9.09%) C#
7 1 (3.03%) JavaScript
7 1 (3.03%) PL/SQL
7 1 (3.03%) Python
7 1 (3.03%) VBScript
Quality Assurance & Compliance
1 6 (18.18%) MiFID
2 5 (15.15%) Dodd-Frank
2 5 (15.15%) EMIR
3 2 (6.06%) QA
System Software
1 5 (15.15%) Apache ZooKeeper
1 5 (15.15%) HDFS
Systems Management
1 2 (6.06%) HP Quality Center
Vendors
1 8 (24.24%) Murex
2 6 (18.18%) Sybase
3 1 (3.03%) Bloomberg
3 1 (3.03%) Calypso
3 1 (3.03%) Fidessa
3 1 (3.03%) HP
3 1 (3.03%) Informatica
3 1 (3.03%) ION Trading
3 1 (3.03%) Oracle
London
Streamline Connections Ltd
Rate: £550 - £600 per day
Posted: 7 days ago