The table below looks at the prevalence of the term Interest Rate Derivative in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Interest Rate Derivative over the 3 months to 27 September 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
27 Sep 2016
Same period 2015 Same period 2014
Interest Rate Derivatives
Rank 642 588 603
Rank change year-on-year
-54 +15
Contract jobs citing Interest Rate Derivative 15 73 39
As % of all contract IT jobs located in the UK 0.028% 0.13% 0.068%
As % of the Miscellaneous category 0.084% 0.39% 0.21%
Number of daily rates quoted 13 65 35
Median daily rate £600 £600 £600
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised across the UK.

Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
17836 18880 18393
As % of all contract IT jobs located in the UK 33.32% 33.00% 32.14%
Number of daily rates quoted 11554 11812 11144
Median daily rate £425 £425 £405
Median daily rate % change year-on-year
- +4.93%
90% offered a daily rate of more than £250 £250 £235
10% offered a daily rate of more than £600 £610 £600
UK excluding London median daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 641 808 799
Median hourly rate £20.00 £19.00 £18.53
Median hourly rate % change year-on-year
+5.26% +2.53%
90% offered a hourly rate of more than £11.72 £11.96 £12.00
10% offered a hourly rate of more than £43.50 £44.75 £43.00
UK excluding London median hourly rate £21.00 £18.88 £17.63
% change year-on-year
+11.22% +7.12%

Interest Rate Derivative
Jobs Demand Trend

The demand trend of contract jobs 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 the UK

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 within the UK.

Interest Rate Derivative Daily Rate Trend in the UK

Interest Rate Derivative
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Interest Rate Derivative within the UK over the 3 months to 27 September 2016.

Interest Rate Derivative Daily Rate Histogram in the UK

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 within the UK.

Interest Rate Derivative Hourly Rate Trend in the UK

Interest Rate Derivative
Top 3 Contract Locations

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 UK over the 3 months to 27 September 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
England -30 15 £600 - 1
London -64 15 £600 - 1
City of London -8 5 £650 +4.00%

Interest Rate Derivative
Top 30 Related IT Skills

For the 6 months to 27 September 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 with a requirement for Interest Rate Derivative.

1 29 (82.86%) Derivative
2 27 (77.14%) Agile Software Development
3 22 (62.86%) TDD
4 21 (60.00%) C#
5 18 (51.43%) C++
5 18 (51.43%) Finance
6 15 (42.86%) Banking
7 12 (34.29%) Front Office
8 11 (31.43%) Investment Banking
9 10 (28.57%) Grid Computing
9 10 (28.57%) Fixed Income
9 10 (28.57%) SQL
10 9 (25.71%) DevOps
11 8 (22.86%) Scrum
12 7 (20.00%) Foreign Exchange (FX)
12 7 (20.00%) Software Engineering
12 7 (20.00%) Mentoring
13 6 (17.14%) Big Data
14 5 (14.29%) Java
14 5 (14.29%) Linux
14 5 (14.29%) Apache
14 5 (14.29%) JMS
14 5 (14.29%) Kafka
14 5 (14.29%) Akka
14 5 (14.29%) Scala
14 5 (14.29%) Hadoop
14 5 (14.29%) MapReduce
14 5 (14.29%) HBase
14 5 (14.29%) Apache ZooKeeper
14 5 (14.29%) Apache Spark

Interest Rate Derivative
Top Related IT Skills 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 5 (14.29%) Apache
1 5 (14.29%) Apache Spark
1 5 (14.29%) Oracle Coherence
Applications
1 1 (2.86%) MS Excel
Database & Business Intelligence
1 6 (17.14%) Big Data
2 5 (14.29%) Apache Cassandra
2 5 (14.29%) Hadoop
2 5 (14.29%) HBase
2 5 (14.29%) MongoDB
2 5 (14.29%) NoSQL
2 5 (14.29%) Spark SQL
3 1 (2.86%) BusinessObjects
3 1 (2.86%) Data Warehouse
3 1 (2.86%) SQL Server
3 1 (2.86%) SQL Server 2005
3 1 (2.86%) SQL Server 2008
3 1 (2.86%) SQL Server Integration Services
Development Applications
1 5 (14.29%) Git (software)
1 5 (14.29%) Maven
General
1 18 (51.43%) Finance
2 15 (42.86%) Banking
3 12 (34.29%) Front Office
4 11 (31.43%) Investment Banking
5 3 (8.57%) Back Office
5 3 (8.57%) Financial Institution
Job Titles
1 21 (60.00%) Developer
2 12 (34.29%) C# Developer
3 10 (28.57%) Agile Developer
3 10 (28.57%) Senior Developer
4 8 (22.86%) Agile C# Developer
4 8 (22.86%) C++ Developer
4 8 (22.86%) C++/C# Developer
4 8 (22.86%) Grid Developer
5 7 (20.00%) Software Engineer
6 6 (17.14%) Analyst
7 5 (14.29%) Apache Spark Developer
7 5 (14.29%) Big Data Developer
7 5 (14.29%) Business Analyst
7 5 (14.29%) Java Developer
7 5 (14.29%) Java Scala Developer
7 5 (14.29%) Scala Developer
7 5 (14.29%) Senior Big Data Developer
7 5 (14.29%) Senior Java Developer
7 5 (14.29%) Senior Java Scala Developer
7 5 (14.29%) Senior Scala Developer
Libraries, Frameworks & Software Standards
1 5 (14.29%) Akka
1 5 (14.29%) JMS
1 5 (14.29%) Kafka
2 4 (11.43%) .NET
2 4 (11.43%) ASP.NET
3 2 (5.71%) WPF
4 1 (2.86%) ASP.NET MVC
4 1 (2.86%) ASP.NET Web API
4 1 (2.86%) Murex MxML
4 1 (2.86%) REST
4 1 (2.86%) RESTful
4 1 (2.86%) Web Services
Miscellaneous
1 29 (82.86%) Derivative
2 10 (28.57%) Fixed Income
2 10 (28.57%) Grid Computing
3 7 (20.00%) Foreign Exchange (FX)
4 4 (11.43%) Credit Derivative
5 2 (5.71%) Analytical Skills
5 2 (5.71%) Equities
5 2 (5.71%) Equity Derivative
5 2 (5.71%) OTC Derivatives
6 1 (2.86%) Computer Science
Operating Systems
1 5 (14.29%) Linux
2 2 (5.71%) Unix
Processes & Methodologies
1 27 (77.14%) Agile Software Development
2 22 (62.86%) TDD
3 9 (25.71%) DevOps
4 8 (22.86%) Scrum
5 7 (20.00%) Mentoring
5 7 (20.00%) Software Engineering
6 5 (14.29%) BDD
6 5 (14.29%) MapReduce
6 5 (14.29%) Test Automation
7 4 (11.43%) Change Management
8 3 (8.57%) Business Analysis
9 2 (5.71%) Migration
9 2 (5.71%) Project Management
9 2 (5.71%) Risk Management
9 2 (5.71%) Waterfall
10 1 (2.86%) Business Intelligence
10 1 (2.86%) ETL
10 1 (2.86%) MVC
10 1 (2.86%) Stakeholder Management
10 1 (2.86%) Validation
Programming Languages
1 21 (60.00%) C#
2 18 (51.43%) C++
3 10 (28.57%) SQL
4 5 (14.29%) Java
4 5 (14.29%) Scala
5 1 (2.86%) Perl
5 1 (2.86%) PL/SQL
5 1 (2.86%) Python
Qualifications
1 1 (2.86%) Degree
Quality Assurance & Compliance
1 2 (5.71%) QA
System Software
1 5 (14.29%) Apache ZooKeeper
1 5 (14.29%) HDFS
Vendors
1 2 (5.71%) Microsoft
1 2 (5.71%) Murex
2 1 (2.86%) Informatica
2 1 (2.86%) Oracle
2 1 (2.86%) Teradata
London
TEKsystems
Rate: £550 - £650 per day
Posted: 20 hours ago