Interest Rate Derivative Contracts in London
 
Demand Trend Daily Rate Trend Daily Rate Histogram Hourly Rate Trend Job Locations Related Skills

The first 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 21 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the London region.

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 May 2013		 Same period 2012 Same period 2011
Interest Rate Derivatives
Rank 301 272 184
Rank change year-on-year
-29 -88
Contract jobs citing Interest Rate Derivative 88 133 311
As % of all contract IT jobs located in London 0.399% 0.493% 1.014%
As % of the Miscellaneous category 1.208% 1.534% 2.680%
Number of daily rates quoted 79 118 266
Average daily rate £550 £588 £575
Average daily rate % change year-on-year
-6.38% +2.17%
90% offered a daily rate of more than £500 £450 £475
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate - - £400
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All of the Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category		 7287 8670 11603
As % of all contract IT jobs located in London 33.08% 32.13% 37.83%
Number of daily rates quoted 5064 5888 7838
Average daily rate £475 £475 £550
Average daily rate % change year-on-year
- -13.63%
90% offered a daily rate of more than £275 £283 £325
10% offered a daily rate of more than £625 £625 £650
UK excluding London average daily rate £350 £345 £340
% change year-on-year
+1.44% +1.47%
Number of hourly rates quoted 167 211 195
Average hourly rate £23.50 £22.50 £21.00
Average hourly rate % change year-on-year
+4.44% +7.14%
90% offered a hourly rate of more than £15.00 £13.50 £11.50
10% offered a hourly rate of more than £54.00 £52.50 £50.00
UK excluding London average hourly rate £22.00 £23.00 £26.50
% change year-on-year
-4.34% -13.20%
Interest Rate Derivative
England

Interest Rate Derivative
Jobs Demand Trend

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.

London Interest Rate Derivative Jobs Demand Trend

Interest Rate Derivative
Daily Rate Trend

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

London Interest Rate Derivative Daily Rate Trend

Interest Rate Derivative
Daily Rate Histogram

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 21 May 2013.

London Interest Rate Derivative Daily Rate Histogram

Interest Rate Derivative
Hourly Rate Trend

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

London Interest Rate Derivative Hourly Rate Trend

Interest Rate Derivative
Contract Locations

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 21 May 2013. 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 each for more statistics)		 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
City of London -1 26 £555 -3.47%
Canary Wharf -4 2 £825 +43.47%
Interest Rate Derivative
England

Interest Rate Derivative
Top 30 Related IT Skills

For the 6 months to 21 May 2013, 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.

1 181 (96.79%) Derivative
2 114 (60.96%) Front Office
3 93 (49.73%) Fixed Income
4 71 (37.97%) C#
5 68 (36.36%) Finance
6 66 (35.29%) Oracle
6 66 (35.29%) Foreign Exchange (FX)
7 65 (34.76%) Banking
8 59 (31.55%) XML
9 55 (29.41%) SQL
9 55 (29.41%) Investment Banking
10 50 (26.74%) .NET
11 45 (24.06%) MS Excel
11 45 (24.06%) Microsoft
12 43 (22.99%) C++
12 43 (22.99%) Windows
13 37 (19.79%) Business Analysis
13 37 (19.79%) Python
14 35 (18.72%) Multithreading
15 34 (18.18%) Credit Derivative
16 33 (17.65%) Back Office
17 28 (14.97%) Tradeweb
18 27 (14.44%) Analytics
19 26 (13.90%) Workflow
20 25 (13.37%) SQL Server
21 22 (11.76%) STL
21 22 (11.76%) WPF
21 22 (11.76%) Credit Risk
22 21 (11.23%) Boost C++ Libraries
22 21 (11.23%) Agile Software Development

Interest Rate Derivative
Top Related IT Skills by Category

For the 6 months to 21 May 2013, 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 Development
1 59 (31.55%) XML
2 50 (26.74%) .NET
3 22 (11.76%) STL
3 22 (11.76%) WPF
4 21 (11.23%) Boost C++ Libraries
5 19 (10.16%) COM
6 6 (3.209%) FpML
7 5 (2.674%) Murex Flex
7 5 (2.674%) Murex MxML
8 4 (2.139%) Web Services
9 3 (1.604%) XSLT
10 2 (1.070%) WCF
11 1 (0.535%) .NET Framework
11 1 (0.535%) LINQ
11 1 (0.535%) Task Parallel Library
11 1 (0.535%) ADO.NET Entity Framework
11 1 (0.535%) Managed Extensibility Framework
11 1 (0.535%) Spring
11 1 (0.535%) WinForms
11 1 (0.535%) Hibernate
Application Platforms
1 18 (9.626%) CMS
2 17 (9.091%) Oracle Coherence
3 2 (1.070%) Oracle Workflow
4 1 (0.535%) SharePoint 2010
4 1 (0.535%) SharePoint
Applications
1 45 (24.06%) MS Excel
2 18 (9.626%) Spreadsheet
3 4 (2.139%) MS Project
4 2 (1.070%) MS Visio
4 2 (1.070%) MS PowerPoint
Business Applications
1 7 (3.743%) Summit
Communications & Networking
1 4 (2.139%) NAS
2 2 (1.070%) HTTP
Database & Business Intelligence
1 25 (13.37%) SQL Server
2 20 (10.70%) Microsoft Analysis Services
2 20 (10.70%) SQL Server Analysis Services
3 19 (10.16%) RDBMS
4 18 (9.626%) Oracle 8/8i
5 3 (1.604%) BusinessObjects Web Intelligence
5 3 (1.604%) Data Mining
6 2 (1.070%) Oracle 10g
6 2 (1.070%) BusinessObjects XI
7 1 (0.535%) SQL Server 2012
7 1 (0.535%) Data Mart
7 1 (0.535%) MS Access
Development Applications
1 18 (9.626%) Oracle Forms
2 16 (8.556%) Visual Studio
3 5 (2.674%) TeamCity
4 3 (1.604%) Subversion
5 1 (0.535%) Maven
General
1 114 (60.96%) Front Office
2 68 (36.36%) Finance
3 65 (34.76%) Banking
4 55 (29.41%) Investment Banking
5 33 (17.65%) Back Office
6 2 (1.070%) Legal
6 2 (1.070%) Retail
6 2 (1.070%) Corporate Banking
Job Titles
1 86 (45.99%) Developer
2 85 (45.45%) Analyst
3 71 (37.97%) Business Analyst
4 59 (31.55%) C# Developer
5 38 (20.32%) C++ Developer
6 34 (18.18%) C++/C# Developer
7 26 (13.90%) Investment Banking Business Analyst
8 19 (10.16%) C# .NET Developer
8 19 (10.16%) .NET Developer
9 18 (9.626%) Systems Developer
10 15 (8.021%) Front Office Developer
11 10 (5.348%) Senior Analyst
11 10 (5.348%) Java Developer
12 9 (4.813%) Data Analyst
12 9 (4.813%) Senior Business Analyst
13 7 (3.743%) Project Manager
14 6 (3.209%) VBA Developer
14 6 (3.209%) Excel VBA Developer
14 6 (3.209%) Excel Developer
14 6 (3.209%) Banking Business Analyst
Miscellaneous
1 181 (96.79%) Derivative
2 93 (49.73%) Fixed Income
3 66 (35.29%) Foreign Exchange (FX)
4 34 (18.18%) Credit Derivative
5 22 (11.76%) Credit Risk
6 18 (9.626%) Swaptions
7 10 (5.348%) Grid Computing
8 8 (4.278%) Market Risk
9 7 (3.743%) Equities
10 6 (3.209%) Hedge funds
11 3 (1.604%) Equity Derivative
11 3 (1.604%) Computer Science
11 3 (1.604%) Data Extraction
11 3 (1.604%) Economics
12 2 (1.070%) Exotic Derivative
12 2 (1.070%) Mathematics
12 2 (1.070%) Physics
13 1 (0.535%) CUDA
Operating Systems
1 43 (22.99%) Windows
2 18 (9.626%) Windows XP
2 18 (9.626%) Windows 7
3 7 (3.743%) UNIX
4 1 (0.535%) Linux
Processes & Methodologies
1 37 (19.79%) Business Analysis
2 35 (18.72%) Multithreading
3 27 (14.44%) Analytics
4 26 (13.90%) Workflow
5 21 (11.23%) Agile Software Development
6 18 (9.626%) Risk Analysis
7 10 (5.348%) User Acceptance Testing
8 8 (4.278%) Project Management
8 8 (4.278%) Data Analysis
9 7 (3.743%) Risk Management
10 6 (3.209%) RAD
11 5 (2.674%) TDD
11 5 (2.674%) GAP Analysis
11 5 (2.674%) Migration
12 3 (1.604%) Project Planning
12 3 (1.604%) Capacity Planning
12 3 (1.604%) Risk Analytics
12 3 (1.604%) Systems Analysis
12 3 (1.604%) Change Management
12 3 (1.604%) Data Modelling
Programming Languages
1 71 (37.97%) C#
2 55 (29.41%) SQL
3 43 (22.99%) C++
4 37 (19.79%) Python
5 11 (5.882%) Java
6 10 (5.348%) VBA
7 8 (4.278%) Perl
8 7 (3.743%) C
9 4 (2.139%) PowerShell
10 3 (1.604%) VB.NET
10 3 (1.604%) VC++
11 1 (0.535%) Shell Script
Qualifications
1 14 (7.487%) Degree
2 2 (1.070%) CIMA
3 1 (0.535%) Microsoft Certification
3 1 (0.535%) MCP
Quality Assurance & Compliance
1 4 (2.139%) QA
2 3 (1.604%) Data Quality
3 1 (0.535%) MiFID
3 1 (0.535%) FATCA
Vendors
1 66 (35.29%) Oracle
2 45 (24.06%) Microsoft
3 28 (14.97%) Tradeweb
4 13 (6.952%) Murex
5 7 (3.743%) Sybase
6 5 (2.674%) Thunderhead
7 4 (2.139%) Calypso
7 4 (2.139%) DataSynapse
8 3 (1.604%) Business Objects
9 1 (0.535%) NetApp
9 1 (0.535%) TIBCO
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City of London
Contract Java Developer - London - derivatives, VaR, IRD Swaps - Central London - c. 700p/d 12 mthsKey skills: Java development, derivatives, Swaps, Interest Rate Derivatives, trade level NVP, VaR, investment...
Deerfoot IT Resources Ltd
Rate: £600 - £700 per day
Posted: 25 April 2013
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Data Sourcing Business Analyst
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C# Developer - Options Pricing - C#, VBA
London
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Rate: £600 - £700 per day
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Java Developer - Swaps / IRD / Risk - London City - to £700pd
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Rate: £550 - £650 per day
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Contract MI Reporting Specialist - Business Objects
City of London
Contract MI Reporting Specialist - Central London - Banking - 6 months - Daily rate - £450 p/d - £550 p/dKey skills: Business Objects Universe design., Business Objects Web Intelligence report writing,...
Deerfoot IT Resources Ltd
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Contract Boxi Oracle Reporting Specialist - Business Objects
City of London
Contract BOXI Oracle Specialist - Central London - Banking - 6 months - Daily rate - £450 p/d - £550 p/dKey skills: Business Objects Universe design., Business Objects Web Intelligence report writing,...
Deerfoot IT Resources Ltd
Rate: £450 - £550 per day
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Contract PMO - Central London - Investment Banking - £450-500pd
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Deerfoot IT Resources Ltd
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Test Manager
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Aston Carter
Rate: £450 - £550 per day
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Last Updated Tuesday 21 May 2013
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