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 5 May 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
5 May 2016
Same period 2015 Same period 2014
Interest Rate Derivatives
Rank 389 384 382
Rank change year-on-year
-5 -2
Contract jobs citing Interest Rate Derivative 37 44 46
As % of all contract IT jobs located in London 0.16% 0.20% 0.20%
As % of the Miscellaneous category 0.45% 0.54% 0.52%
Number of daily rates quoted 37 40 38
Median daily rate £525 £533 £600
Median daily rate % change year-on-year
-1.40% -11.25%
UK excluding London median daily rate - £400 -
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
8257 8129 8836
As % of all contract IT jobs located in London 36.22% 36.35% 37.92%
Number of daily rates quoted 5909 5515 6211
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £298 £285 £275
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 115 127 160
Median hourly rate £22.00 £17.87 £21.00
Median hourly rate % change year-on-year
+23.14% -14.92%
90% offered a hourly rate of more than £12.50 £13.00 £14.00
10% offered a hourly rate of more than £55.00 £46.75 £41.00
UK excluding London median hourly rate £22.50 £18.90 £20.50
% change year-on-year
+19.04% -7.80%

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 5 May 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 median contractor rates quoted in IT jobs citing Interest Rate Derivative within the London region over the 3 months to 5 May 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
(Click see detailed
statistics and trends)
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
City of London +25 2 £625 +13.63% 4
Interest Rate Derivative
England

Interest Rate Derivative
Top 30 Related IT Skills in London

For the 6 months to 5 May 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 57 (86.36%) Derivative
2 45 (68.18%) Banking
3 43 (65.15%) Finance
4 40 (60.61%) SQL
5 37 (56.06%) C#
6 31 (46.97%) .NET
7 30 (45.45%) SQL Server Integration Services
8 27 (40.91%) Financial Institution
8 27 (40.91%) Microsoft
9 25 (37.88%) Front Office
10 15 (22.73%) C++
11 14 (21.21%) Fixed Income
12 13 (19.70%) SQL Server Reporting Services
13 12 (18.18%) Java
14 11 (16.67%) Investment Banking
15 10 (15.15%) Murex
16 9 (13.64%) Foreign Exchange (FX)
16 9 (13.64%) TDD
17 8 (12.12%) Multithreading
17 8 (12.12%) Electronic Trading
17 8 (12.12%) VBA
18 7 (10.61%) Grid Computing
18 7 (10.61%) MVC
18 7 (10.61%) Oracle
18 7 (10.61%) ASP.NET
19 6 (9.09%) SQL Server
19 6 (9.09%) Sybase
19 6 (9.09%) Business Analysis
19 6 (9.09%) Agile Software Development
19 6 (9.09%) 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 3 (4.55%) Oracle Coherence
2 2 (3.03%) Jetty
Applications
1 2 (3.03%) MS Excel
Business Applications
1 5 (7.58%) Summit
2 1 (1.52%) RMDS
Database & Business Intelligence
1 30 (45.45%) SQL Server Integration Services
2 13 (19.70%) SQL Server Reporting Services
3 6 (9.09%) SQL Server
4 3 (4.55%) Oracle Database
4 3 (4.55%) SQL Server 2005
4 3 (4.55%) SQL Server 2008
5 2 (3.03%) MS Access
5 2 (3.03%) NoSQL
6 1 (1.52%) Big Data
6 1 (1.52%) Data Mart
6 1 (1.52%) Data Warehouse
6 1 (1.52%) OLTP
6 1 (1.52%) SQL Server Analysis Services
Development Applications
1 6 (9.09%) Maven
2 5 (7.58%) TeamCity
3 3 (4.55%) Git (software)
3 3 (4.55%) Subversion
4 2 (3.03%) Ant
4 2 (3.03%) Hudson
4 2 (3.03%) Jenkins
5 1 (1.52%) JIRA
General
1 45 (68.18%) Banking
2 43 (65.15%) Finance
3 27 (40.91%) Financial Institution
4 25 (37.88%) Front Office
5 11 (16.67%) Investment Banking
6 2 (3.03%) Retail
7 1 (1.52%) Back Office
Job Titles
1 52 (78.79%) Developer
2 33 (50.00%) C# Developer
3 30 (45.45%) SQL Developer
4 29 (43.94%) .NET Developer
4 29 (43.94%) C# .NET Developer
5 19 (28.79%) SSIS Developer
6 10 (15.15%) Java Developer
6 10 (15.15%) Senior Developer
7 9 (13.64%) C++ Developer
8 7 (10.61%) Analyst
9 6 (9.09%) Business Analyst
9 6 (9.09%) C++ Quantitative Developer
9 6 (9.09%) Murex Analyst
9 6 (9.09%) Quantitative Developer
9 6 (9.09%) Senior Java Developer
10 5 (7.58%) ASP.NET MVC Developer
10 5 (7.58%) Front Office Developer
10 5 (7.58%) Murex Business Analyst
10 5 (7.58%) Project Manager
11 4 (6.06%) ASP.NET Developer
Libraries, Frameworks & Software Standards
1 31 (46.97%) .NET
2 7 (10.61%) ASP.NET
3 5 (7.58%) ASP.NET MVC
4 4 (6.06%) JMS
4 4 (6.06%) WPF
5 3 (4.55%) Middleware
5 3 (4.55%) RESTful
5 3 (4.55%) Spring
6 1 (1.52%) AngularJS
6 1 (1.52%) Apache Camel
6 1 (1.52%) Rendezvous
6 1 (1.52%) TIBCO EMS
6 1 (1.52%) Web Services
Miscellaneous
1 57 (86.36%) Derivative
2 14 (21.21%) Fixed Income
3 9 (13.64%) Foreign Exchange (FX)
4 7 (10.61%) Grid Computing
5 3 (4.55%) Credit Derivative
5 3 (4.55%) Mathematics
6 2 (3.03%) Analytical Skills
7 1 (1.52%) Computer Science
7 1 (1.52%) Swaptions
Operating Systems
1 5 (7.58%) Linux
2 4 (6.06%) Unix
2 4 (6.06%) Windows
Processes & Methodologies
1 9 (13.64%) TDD
2 8 (12.12%) Electronic Trading
2 8 (12.12%) Multithreading
3 7 (10.61%) MVC
4 6 (9.09%) Agile Software Development
4 6 (9.09%) Business Analysis
5 4 (6.06%) Pair Programming
5 4 (6.06%) Project Management
5 4 (6.06%) Technical Architecture
6 3 (4.55%) Low Latency
6 3 (4.55%) Stakeholder Management
7 2 (3.03%) Analytics
7 2 (3.03%) CRM
7 2 (3.03%) GAP Analysis
7 2 (3.03%) Migration
7 2 (3.03%) Requirements Analysis
7 2 (3.03%) Risk Management
7 2 (3.03%) SDLC
7 2 (3.03%) Technical Analysis
8 1 (1.52%) Data Management
Programming Languages
1 40 (60.61%) SQL
2 37 (56.06%) C#
3 15 (22.73%) C++
4 12 (18.18%) Java
5 8 (12.12%) VBA
6 3 (4.55%) Scala
7 2 (3.03%) Python
7 2 (3.03%) T-SQL
8 1 (1.52%) JavaScript
8 1 (1.52%) Shell Script
Qualifications
1 3 (4.55%) Degree
1 3 (4.55%) PhD
2 1 (1.52%) ISEB
2 1 (1.52%) ISEB Practitioner
Quality Assurance & Compliance
1 1 (1.52%) QA
System Software
1 2 (3.03%) Platform Symphony
Systems Management
1 1 (1.52%) HP Quality Center
Vendors
1 27 (40.91%) Microsoft
2 10 (15.15%) Murex
3 7 (10.61%) Oracle
4 6 (9.09%) Sybase
5 4 (6.06%) Calypso
6 3 (4.55%) TIBCO
7 2 (3.03%) DataSynapse
7 2 (3.03%) Solace
8 1 (1.52%) HP
8 1 (1.52%) ION Trading
8 1 (1.52%) Teradata