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 23 July 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
23 Jul 2016
Same period 2015 Same period 2014
Interest Rate Derivatives
Rank 409 376 379
Rank change year-on-year
-33 +3
Contract jobs citing Interest Rate Derivative 22 50 42
As % of all contract IT jobs located in London 0.099% 0.21% 0.18%
As % of the Miscellaneous category 0.27% 0.58% 0.48%
Number of daily rates quoted 21 43 36
Median daily rate £600 £625 £600
Median daily rate % change year-on-year
-4.00% +4.16%
90% offered a daily rate of more than £550 £450 £400
10% offered a daily rate of more than £630 £650 £700
UK excluding London median daily rate - £600 -
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
8155 8671 8698
As % of all contract IT jobs located in London 36.80% 36.74% 37.97%
Number of daily rates quoted 5743 6086 5881
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £300 £275 £280
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 109 172 165
Median hourly rate £17.88 £18.71 £20.00
Median hourly rate % change year-on-year
-4.46% -6.45%
90% offered a hourly rate of more than £11.75 £13.50 £14.04
10% offered a hourly rate of more than £45.13 £52.17 £45.00
UK excluding London median hourly rate £21.36 £18.00 £20.50
% change year-on-year
+18.63% -12.19%

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 23 July 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
Top 30 Related IT Skills in London

For the 6 months to 23 July 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 58 (98.31%) Derivative
2 50 (84.75%) C#
3 44 (74.58%) Finance
4 43 (72.88%) Banking
5 32 (54.24%) SQL
6 31 (52.54%) .NET
7 28 (47.46%) SQL Server Integration Services
7 28 (47.46%) Microsoft
7 28 (47.46%) Financial Institution
8 19 (32.20%) C++
8 19 (32.20%) Agile Software Development
8 19 (32.20%) TDD
9 12 (20.34%) SQL Server Reporting Services
10 11 (18.64%) Investment Banking
11 10 (16.95%) Grid Computing
11 10 (16.95%) Front Office
12 9 (15.25%) Foreign Exchange (FX)
12 9 (15.25%) Fixed Income
12 9 (15.25%) DevOps
13 8 (13.56%) ASP.NET
14 7 (11.86%) MVC
14 7 (11.86%) Software Engineering
14 7 (11.86%) Mentoring
15 5 (8.47%) ASP.NET MVC
16 4 (6.78%) WPF
16 4 (6.78%) Murex
16 4 (6.78%) Java
17 3 (5.08%) Spring
17 3 (5.08%) Credit Derivative
17 3 (5.08%) Migration

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 (3.39%) Jetty
Applications
1 1 (1.69%) MS Excel
Database & Business Intelligence
1 28 (47.46%) SQL Server Integration Services
2 12 (20.34%) SQL Server Reporting Services
3 3 (5.08%) SQL Server
4 2 (3.39%) NoSQL
5 1 (1.69%) Big Data
5 1 (1.69%) SQL Server 2005
5 1 (1.69%) SQL Server 2008
Development Applications
1 2 (3.39%) Ant
1 2 (3.39%) Hudson
1 2 (3.39%) Jenkins
1 2 (3.39%) Maven
1 2 (3.39%) TeamCity
General
1 44 (74.58%) Finance
2 43 (72.88%) Banking
3 28 (47.46%) Financial Institution
4 11 (18.64%) Investment Banking
5 10 (16.95%) Front Office
6 2 (3.39%) Back Office
Job Titles
1 45 (76.27%) Developer
2 39 (66.10%) C# Developer
3 29 (49.15%) .NET Developer
3 29 (49.15%) C# .NET Developer
4 28 (47.46%) SQL Developer
5 17 (28.81%) SSIS Developer
6 10 (16.95%) Agile Developer
7 8 (13.56%) Agile C# Developer
7 8 (13.56%) C++ Developer
7 8 (13.56%) C++/C# Developer
7 8 (13.56%) Grid Developer
8 7 (11.86%) Analyst
8 7 (11.86%) Senior Developer
8 7 (11.86%) Software Engineer
9 6 (10.17%) Business Analyst
10 5 (8.47%) ASP.NET MVC Developer
11 4 (6.78%) ASP.NET Developer
11 4 (6.78%) C# ASP.NET Developer
12 3 (5.08%) Murex Analyst
12 3 (5.08%) Murex Business Analyst
Libraries, Frameworks & Software Standards
1 31 (52.54%) .NET
2 8 (13.56%) ASP.NET
3 5 (8.47%) ASP.NET MVC
4 4 (6.78%) WPF
5 3 (5.08%) Middleware
5 3 (5.08%) Spring
6 2 (3.39%) Web Services
7 1 (1.69%) AngularJS
7 1 (1.69%) Apache Camel
7 1 (1.69%) ASP.NET Web API
7 1 (1.69%) JMS
7 1 (1.69%) Murex MxML
7 1 (1.69%) Rendezvous
7 1 (1.69%) REST
7 1 (1.69%) RESTful
7 1 (1.69%) TIBCO EMS
Miscellaneous
1 58 (98.31%) Derivative
2 10 (16.95%) Grid Computing
3 9 (15.25%) Fixed Income
3 9 (15.25%) Foreign Exchange (FX)
4 3 (5.08%) Credit Derivative
5 2 (3.39%) Analytical Skills
6 1 (1.69%) Computer Science
6 1 (1.69%) Equities
6 1 (1.69%) Equity Derivative
6 1 (1.69%) OTC Derivatives
Processes & Methodologies
1 19 (32.20%) Agile Software Development
1 19 (32.20%) TDD
2 9 (15.25%) DevOps
3 7 (11.86%) Mentoring
3 7 (11.86%) MVC
3 7 (11.86%) Software Engineering
4 3 (5.08%) Migration
4 3 (5.08%) Scrum
5 2 (3.39%) Business Analysis
5 2 (3.39%) GAP Analysis
5 2 (3.39%) Project Management
5 2 (3.39%) Risk Management
5 2 (3.39%) Stakeholder Management
6 1 (1.69%) Change Management
6 1 (1.69%) Multithreading
6 1 (1.69%) Open Source
6 1 (1.69%) Project Planning
6 1 (1.69%) User Acceptance Testing
6 1 (1.69%) Waterfall
6 1 (1.69%) Web Application Development
Programming Languages
1 50 (84.75%) C#
2 32 (54.24%) SQL
3 19 (32.20%) C++
4 4 (6.78%) Java
5 1 (1.69%) JavaScript
Qualifications
1 1 (1.69%) Degree
Quality Assurance & Compliance
1 1 (1.69%) QA
Vendors
1 28 (47.46%) Microsoft
2 4 (6.78%) Murex
3 3 (5.08%) TIBCO
4 2 (3.39%) Solace
5 1 (1.69%) Sybase
5 1 (1.69%) Teradata