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 7 July 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
7 Jul 2015
Same period 2014 Same period 2013
Interest Rate Derivatives
Rank 363 361 318
Rank change year-on-year
-2 -43
Contract jobs citing Interest Rate Derivative 48 45 95
As % of all contract IT jobs located in London 0.21% 0.20% 0.40%
As % of the Miscellaneous category 0.59% 0.52% 1.02%
Number of daily rates quoted 43 39 84
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£625 £600 £538
Average daily rate % change year-on-year
+4.16% +11.62%
90% offered a daily rate of more than £450 £430 £500
10% offered a daily rate of more than £650 £700 £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
8143 8620 9330
As % of all contract IT jobs located in London 35.62% 37.62% 39.21%
Number of daily rates quoted 5698 5874 6351
Average daily rate £473 £450 £450
Average daily rate % change year-on-year
+5.00% -
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £650 £650 £625
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 149 146 205
Average hourly rate £18.86 £19.00 £22.50
Average hourly rate % change year-on-year
-0.76% -15.55%
90% offered a hourly rate of more than £14.00 £14.04 £14.90
10% offered a hourly rate of more than £52.17 £45.00 £47.00
UK excluding London average hourly rate £19.00 £22.50 £20.50
% change year-on-year
-15.55% +9.75%

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 7 July 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 7 July 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 +7 18 £638 +6.25% 2
Canary Wharf - 1 £600 -
Interest Rate Derivative
England

Interest Rate Derivative
Top 30 Related IT Skills in London

For the 6 months to 7 July 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 69 (73.40%) Derivative
2 59 (62.77%) Front Office
3 50 (53.19%) Banking
4 44 (46.81%) Investment Banking
5 43 (45.74%) Finance
6 41 (43.62%) Fixed Income
7 40 (42.55%) SQL
8 33 (35.11%) C#
9 31 (32.98%) Foreign Exchange (FX)
10 29 (30.85%) Business Analysis
11 26 (27.66%) Java
12 20 (21.28%) Scala
13 18 (19.15%) .NET
13 18 (19.15%) Oracle
13 18 (19.15%) SQL Server
14 17 (18.09%) Degree
14 17 (18.09%) SQL Server 2008
15 16 (17.02%) Credit Derivative
15 16 (17.02%) Oracle Coherence
16 15 (15.96%) Analytics
17 14 (14.89%) Git (software)
17 14 (14.89%) C++
17 14 (14.89%) VBA
17 14 (14.89%) JMS
18 13 (13.83%) RAD
18 13 (13.83%) Murex
18 13 (13.83%) Back Office
18 13 (13.83%) Agile Software Development
18 13 (13.83%) Multithreading
19 12 (12.77%) TeamCity

Interest Rate Derivative
Top Related IT Skills in London by Category

For the 6 months to 7 July 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 16 (17.02%) Oracle Coherence
2 1 (1.06%) MTS
Applications
1 12 (12.77%) MS Excel
2 1 (1.06%) MS Project
Database & Business Intelligence
1 18 (19.15%) SQL Server
2 17 (18.09%) SQL Server 2008
3 12 (12.77%) Oracle Database
4 11 (11.70%) SQL Server 2005
5 9 (9.57%) MS Access
6 6 (6.38%) SQL Server 2012
7 4 (4.26%) SQL Server Reporting Services
8 3 (3.19%) SQL Server Integration Services
9 2 (2.13%) Data Mart
9 2 (2.13%) Data Mining
10 1 (1.06%) OLAP
10 1 (1.06%) Relational Database
Development Applications
1 14 (14.89%) Git (software)
2 12 (12.77%) Subversion
2 12 (12.77%) Maven
2 12 (12.77%) TeamCity
3 2 (2.13%) JUnit
3 2 (2.13%) Eclipse
3 2 (2.13%) Gradle
4 1 (1.06%) Jenkins
4 1 (1.06%) Ant
General
1 59 (62.77%) Front Office
2 50 (53.19%) Banking
3 44 (46.81%) Investment Banking
4 43 (45.74%) Finance
5 13 (13.83%) Back Office
6 9 (9.57%) Financial Institution
7 1 (1.06%) French Language
7 1 (1.06%) Retail
Job Titles
1 54 (57.45%) Developer
2 24 (25.53%) Analyst
3 21 (22.34%) Business Analyst
4 17 (18.09%) Java Developer
5 10 (10.64%) Senior Developer
6 9 (9.57%) SQL Developer
7 8 (8.51%) C++ Developer
7 8 (8.51%) SQL Server Developer
8 7 (7.45%) C# Developer
9 6 (6.38%) Senior C++ Developer
9 6 (6.38%) Front Office Developer
10 5 (5.32%) Project Manager
10 5 (5.32%) WPF Developer
11 4 (4.26%) Junior
11 4 (4.26%) Graduate
12 3 (3.19%) Server Support
12 3 (3.19%) Graduate Developer
12 3 (3.19%) Quantitative Developer
12 3 (3.19%) Risk Analyst
12 3 (3.19%) Junior Developer
Libraries, Frameworks & Software Standards
1 18 (19.15%) .NET
2 14 (14.89%) JMS
3 12 (12.77%) RESTful
3 12 (12.77%) FpML
4 8 (8.51%) WPF
5 7 (7.45%) XML
6 6 (6.38%) STL
6 6 (6.38%) Boost C++ Libraries
7 4 (4.26%) Murex MxML
8 3 (3.19%) HTML5
8 3 (3.19%) HTML
9 2 (2.13%) Middleware
10 1 (1.06%) Rendezvous
10 1 (1.06%) COM+
10 1 (1.06%) Reactive Extensions
10 1 (1.06%) AngularJS
Miscellaneous
1 69 (73.40%) Derivative
2 41 (43.62%) Fixed Income
3 31 (32.98%) Foreign Exchange (FX)
4 16 (17.02%) Credit Derivative
5 10 (10.64%) Analytical Skills
6 9 (9.57%) Mathematics
7 8 (8.51%) Equity Derivative
7 8 (8.51%) Market Risk
8 6 (6.38%) Grid Computing
9 5 (5.32%) Hedge funds
10 3 (3.19%) Computer Science
11 2 (2.13%) Swaptions
11 2 (2.13%) DTCC
12 1 (1.06%) Visualisation
12 1 (1.06%) User Experience
12 1 (1.06%) Data Structures
12 1 (1.06%) Algorithms
12 1 (1.06%) Credit Risk
12 1 (1.06%) Equities
12 1 (1.06%) Economics
Operating Systems
1 4 (4.26%) UNIX
2 3 (3.19%) Linux
3 2 (2.13%) Windows
Processes & Methodologies
1 29 (30.85%) Business Analysis
2 15 (15.96%) Analytics
3 13 (13.83%) Multithreading
3 13 (13.83%) RAD
3 13 (13.83%) Agile Software Development
4 12 (12.77%) Workflow
5 9 (9.57%) Risk Analysis
6 8 (8.51%) Technical Architecture
7 7 (7.45%) Asset Management
8 6 (6.38%) Data Management
8 6 (6.38%) Fund Management
9 5 (5.32%) Migration
9 5 (5.32%) Project Management
9 5 (5.32%) Time Management
10 4 (4.26%) MVVM
10 4 (4.26%) Functional Programming
11 3 (3.19%) SDLC
11 3 (3.19%) Data Virtualisation
11 3 (3.19%) Requirements Analysis
11 3 (3.19%) Data Modelling
Programming Languages
1 40 (42.55%) SQL
2 33 (35.11%) C#
3 26 (27.66%) Java
4 20 (21.28%) Scala
5 14 (14.89%) C++
5 14 (14.89%) VBA
6 11 (11.70%) T-SQL
7 7 (7.45%) Python
8 4 (4.26%) R
9 3 (3.19%) Perl
10 2 (2.13%) VB
11 1 (1.06%) MATLAB
11 1 (1.06%) APL
Qualifications
1 17 (18.09%) Degree
2 1 (1.06%) PhD
2 1 (1.06%) A+ Certification
Quality Assurance & Compliance
1 3 (3.19%) EMIR
2 2 (2.13%) Dodd-Frank
3 1 (1.06%) Basel II
3 1 (1.06%) MiFID
Vendors
1 18 (19.15%) Oracle
2 13 (13.83%) Murex
3 11 (11.70%) Tradeweb
4 5 (5.32%) Sybase
5 1 (1.06%) Microsoft
5 1 (1.06%) Software AG
5 1 (1.06%) TIBCO
5 1 (1.06%) Bloomberg
5 1 (1.06%) eSpeed
5 1 (1.06%) Perforce
City, London
McGregor Boyall
Rate: £600 - £650 per day
Posted: 7 hours ago
City, London
Aston Carter
Rate: £500 - £600 per day
Posted: 4 days ago
London
Aston Carter
Rate: £400 - £450 per day
Posted: 6 days ago
London
Orgtel
Rate: £250 - £275 per day
Posted: 26 days ago