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 12 February 2016 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
12 Feb 2016
Same period 2015 Same period 2014
Interest Rate Derivatives
Rank 385 381 366
Rank change year-on-year
-4 -15
Contract jobs citing Interest Rate Derivative 23 34 41
As % of all contract IT jobs located in London 0.11% 0.16% 0.19%
As % of the Miscellaneous category 0.30% 0.44% 0.49%
Number of daily rates quoted 22 29 34
Average daily rate £600 £600 £525
Average daily rate % change year-on-year
- +14.28%
90% offered a daily rate of more than £525 £450 £475
10% offered a daily rate of more than £893 £634 £693
UK excluding London average daily rate - - £450
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
7569 7666 8365
As % of all contract IT jobs located in London 35.74% 36.15% 38.00%
Number of daily rates quoted 5294 5373 5683
Average daily rate £475 £450 £450
Average daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £285 £286 £252
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 132 151 161
Average hourly rate £20.00 £20.00 £24.00
Average hourly rate % change year-on-year
-0.02% -16.66%
90% offered a hourly rate of more than £13.00 £13.47 £13.50
10% offered a hourly rate of more than £42.50 £37.00 £48.74
UK excluding London average hourly rate £23.75 £17.50 £17.50
% change year-on-year
+35.71% -

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 12 February 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 average contractor rates quoted in IT jobs citing Interest Rate Derivative within the London region over the 3 months to 12 February 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
(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 +34 8 £788 +46.51% 6
Interest Rate Derivative
England

Interest Rate Derivative
Top 30 Related IT Skills in London

For the 6 months to 12 February 2016, 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 56 (72.73%) Front Office
2 52 (67.53%) Derivative
3 46 (59.74%) Banking
4 34 (44.16%) Finance
5 32 (41.56%) Investment Banking
6 31 (40.26%) SQL
7 27 (35.06%) Java
7 27 (35.06%) Fixed Income
8 24 (31.17%) C++
8 24 (31.17%) Oracle
9 20 (25.97%) C#
10 19 (24.68%) Oracle Coherence
11 18 (23.38%) Multithreading
12 15 (19.48%) Financial Institution
13 14 (18.18%) SQL Server
13 14 (18.18%) Sybase
13 14 (18.18%) Agile Software Development
13 14 (18.18%) Analytics
14 13 (16.88%) Unix
14 13 (16.88%) Murex
15 12 (15.58%) Linux
15 12 (15.58%) Foreign Exchange (FX)
15 12 (15.58%) Electronic Trading
16 11 (14.29%) RESTful
16 11 (14.29%) Scala
16 11 (14.29%) JMS
16 11 (14.29%) VBA
16 11 (14.29%) TDD
17 10 (12.99%) Microsoft
18 9 (11.69%) Maven

Interest Rate Derivative
Top Related IT Skills in London by Category

For the 6 months to 12 February 2016, 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 19 (24.68%) Oracle Coherence
2 1 (1.30%) Jetty
Applications
1 3 (3.90%) MS Excel
Business Applications
1 6 (7.79%) Summit
2 1 (1.30%) RMDS
Communications & Networking
1 4 (5.19%) HTTP
2 1 (1.30%) Intranet
Database & Business Intelligence
1 14 (18.18%) SQL Server
2 7 (9.09%) Oracle Database
3 6 (7.79%) SQL Server Integration Services
4 5 (6.49%) SQL Server 2008
5 4 (5.19%) SQL Server Reporting Services
6 3 (3.90%) SQL Server 2012
6 3 (3.90%) SQL Server 2014
7 2 (2.60%) MS Access
7 2 (2.60%) SQL Server 2005
7 2 (2.60%) SQL Server Analysis Services
8 1 (1.30%) Data Mart
8 1 (1.30%) Data Warehouse
8 1 (1.30%) NoSQL
8 1 (1.30%) OLTP
Development Applications
1 9 (11.69%) Maven
2 8 (10.39%) TeamCity
3 7 (9.09%) Git (software)
3 7 (9.09%) Subversion
4 2 (2.60%) JIRA
5 1 (1.30%) Ant
5 1 (1.30%) Hudson
5 1 (1.30%) Jenkins
General
1 56 (72.73%) Front Office
2 46 (59.74%) Banking
3 34 (44.16%) Finance
4 32 (41.56%) Investment Banking
5 15 (19.48%) Financial Institution
6 4 (5.19%) International Banking
7 2 (2.60%) Retail
8 1 (1.30%) Back Office
8 1 (1.30%) Marketing
Job Titles
1 53 (68.83%) Developer
2 24 (31.17%) Java Developer
3 16 (20.78%) Quantitative Developer
4 15 (19.48%) Analyst
5 14 (18.18%) Front Office Developer
6 12 (15.58%) Business Analyst
7 11 (14.29%) C++ Developer
8 8 (10.39%) C# Developer
8 8 (10.39%) C++ Quantitative Developer
8 8 (10.39%) Senior Developer
8 8 (10.39%) SQL Developer
9 7 (9.09%) Investment Banking Java Developer
9 7 (9.09%) Murex Analyst
10 6 (7.79%) .NET Developer
10 6 (7.79%) C# .NET Developer
10 6 (7.79%) Project Manager
11 5 (6.49%) Murex Business Analyst
11 5 (6.49%) Senior Java Developer
11 5 (6.49%) SQL Server Developer
12 3 (3.90%) Murex Project Manager
Libraries, Frameworks & Software Standards
1 11 (14.29%) JMS
1 11 (14.29%) RESTful
2 7 (9.09%) .NET
3 6 (7.79%) XML
4 4 (5.19%) Web Services
5 2 (2.60%) Boost C++ Libraries
5 2 (2.60%) Murex MxML
5 2 (2.60%) STL
5 2 (2.60%) WPF
6 1 (1.30%) Gherkin
6 1 (1.30%) Middleware
6 1 (1.30%) Silverlight
6 1 (1.30%) Spring
Miscellaneous
1 52 (67.53%) Derivative
2 27 (35.06%) Fixed Income
3 12 (15.58%) Foreign Exchange (FX)
4 8 (10.39%) Mathematics
5 7 (9.09%) Grid Computing
6 4 (5.19%) Credit Derivative
7 3 (3.90%) Equities
8 2 (2.60%) Market Risk
9 1 (1.30%) Analytical Skills
9 1 (1.30%) Equity Derivative
9 1 (1.30%) Physics
9 1 (1.30%) Swaptions
Operating Systems
1 13 (16.88%) Unix
2 12 (15.58%) Linux
3 5 (6.49%) Windows
4 1 (1.30%) Solaris
Processes & Methodologies
1 18 (23.38%) Multithreading
2 14 (18.18%) Agile Software Development
2 14 (18.18%) Analytics
3 12 (15.58%) Electronic Trading
4 11 (14.29%) TDD
5 8 (10.39%) Risk Management
6 7 (9.09%) Business Analysis
7 6 (7.79%) Technical Analysis
8 5 (6.49%) Technical Architecture
9 4 (5.19%) Asset Management
9 4 (5.19%) Data Modelling
9 4 (5.19%) Low Latency
9 4 (5.19%) Pair Programming
9 4 (5.19%) Project Management
10 3 (3.90%) Fund Management
10 3 (3.90%) RAD
10 3 (3.90%) Records Management
10 3 (3.90%) SQL Optimisation
10 3 (3.90%) Target Operating Model
11 2 (2.60%) Requirements Analysis
Programming Languages
1 31 (40.26%) SQL
2 27 (35.06%) Java
3 24 (31.17%) C++
4 20 (25.97%) C#
5 11 (14.29%) Scala
5 11 (14.29%) VBA
6 3 (3.90%) Perl
6 3 (3.90%) Python
7 2 (2.60%) T-SQL
8 1 (1.30%) Shell Script
Qualifications
1 7 (9.09%) Degree
2 3 (3.90%) PhD
3 1 (1.30%) ISEB
3 1 (1.30%) ISEB Practitioner
Quality Assurance & Compliance
1 2 (2.60%) EMIR
2 1 (1.30%) Dodd-Frank
2 1 (1.30%) QA
System Software
1 2 (2.60%) Platform Symphony
Systems Management
1 1 (1.30%) HP Quality Center
Vendors
1 24 (31.17%) Oracle
2 14 (18.18%) Sybase
3 13 (16.88%) Murex
4 10 (12.99%) Microsoft
5 5 (6.49%) Calypso
6 4 (5.19%) Foundry
7 2 (2.60%) DataSynapse
8 1 (1.30%) HP
8 1 (1.30%) ION Trading
8 1 (1.30%) Solace
8 1 (1.30%) Sun
8 1 (1.30%) Thunderhead
8 1 (1.30%) TIBCO
City, London
NDK Consulting.co.uk Ltd
Rate: Up to £550 per day
Posted: 13 hours ago