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 average contractor rates offered in IT contracts that have cited Interest Rate Derivative over the 3 months to 1 September 2015 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
1 Sep 2015
Same period 2014 Same period 2013
Interest Rate Derivatives
Rank 554 578 475
Rank change year-on-year
+24 -103
Contract jobs citing Interest Rate Derivative 71 38 117
As % of all contract IT jobs located in the UK 0.12% 0.067% 0.22%
As % of the Miscellaneous category 0.37% 0.21% 0.68%
Number of daily rates quoted 62 32 97
Average daily rate
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£625 £600 £575
Average daily rate % change year-on-year
+4.16% +4.34%
90% offered a daily rate of more than £450 £450 £500
10% offered a daily rate of more than £790 £650 £650
UK excluding London average daily rate £600 - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
18982 18289 17300
As % of all contract IT jobs located in the UK 31.97% 32.33% 32.83%
Number of daily rates quoted 11940 10984 10453
Average daily rate £425 £400 £420
Average daily rate % change year-on-year
+6.25% -4.76%
90% offered a daily rate of more than £250 £240 £250
10% offered a daily rate of more than £615 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 732 754 713
Average hourly rate £21.15 £19.50 £18.80
Average hourly rate % change year-on-year
+8.43% +3.72%
90% offered a hourly rate of more than £12.00 £12.42 £12.00
10% offered a hourly rate of more than £45.60 £45.00 £42.90
UK excluding London average hourly rate £21.32 £20.00 £17.50
% change year-on-year
+6.61% +14.28%

Interest Rate Derivative
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Interest Rate Derivative within the UK as a proportion of the total demand within 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 1 September 2015.

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 7 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 UK over the 3 months to 1 September 2015. 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
England +21 71 £625 +4.16% 14
London +31 70 £625 +4.16% 14
City of London +24 29 £625 +13.63% 2
Leeds - 1 £600 -
West Yorkshire - 1 £600 -
Yorkshire - 1 £600 -
Canary Wharf - 1 £475 -

Interest Rate Derivative
Top 30 Related IT Skills

For the 6 months to 1 September 2015, IT contractor jobs within the UK 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 72 (65.45%) Front Office
2 71 (64.55%) Banking
2 71 (64.55%) Derivative
3 58 (52.73%) Investment Banking
4 49 (44.55%) Java
5 47 (42.73%) Finance
6 44 (40.00%) SQL
7 43 (39.09%) Fixed Income
8 40 (36.36%) C#
9 34 (30.91%) Oracle
10 32 (29.09%) Oracle Coherence
11 29 (26.36%) Scala
12 24 (21.82%) C++
13 23 (20.91%) JMS
13 23 (20.91%) Maven
13 23 (20.91%) TeamCity
13 23 (20.91%) Multithreading
14 22 (20.00%) Git (software)
14 22 (20.00%) Agile Software Development
15 21 (19.09%) RESTful
15 21 (19.09%) Analytics
16 20 (18.18%) Oracle Database
16 20 (18.18%) Subversion
17 19 (17.27%) .NET
18 18 (16.36%) Foreign Exchange (FX)
19 17 (15.45%) SQL Server
19 17 (15.45%) Business Analysis
20 14 (12.73%) Sybase
20 14 (12.73%) VBA
20 14 (12.73%) Financial Institution

Interest Rate Derivative
Top Related IT Skills by Category

For the 6 months to 1 September 2015, IT contractor jobs within the UK 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 32 (29.09%) Oracle Coherence
2 5 (4.55%) Jetty
3 1 (0.91%) MTS
Applications
1 8 (7.27%) MS Excel
Communications & Networking
1 1 (0.91%) HTTP
1 1 (0.91%) Intranet
Database & Business Intelligence
1 20 (18.18%) Oracle Database
2 17 (15.45%) SQL Server
3 12 (10.91%) SQL Server 2008
4 6 (5.45%) SQL Server 2005
4 6 (5.45%) NoSQL
4 6 (5.45%) SQL Server 2012
4 6 (5.45%) MS Access
5 4 (3.64%) SQL Server Reporting Services
6 3 (2.73%) SQL Server Integration Services
7 2 (1.82%) Data Mining
7 2 (1.82%) BusinessObjects
8 1 (0.91%) OLTP
8 1 (0.91%) Data Mart
8 1 (0.91%) Data Warehouse
8 1 (0.91%) OLAP
8 1 (0.91%) SQL Server Analysis Services
8 1 (0.91%) Apache Cassandra
8 1 (0.91%) Relational Database
Development Applications
1 23 (20.91%) Maven
1 23 (20.91%) TeamCity
2 22 (20.00%) Git (software)
3 20 (18.18%) Subversion
4 4 (3.64%) Jenkins
4 4 (3.64%) Ant
5 3 (2.73%) Hudson
6 2 (1.82%) Gradle
6 2 (1.82%) JUnit
6 2 (1.82%) Eclipse
7 1 (0.91%) JIRA
General
1 72 (65.45%) Front Office
2 71 (64.55%) Banking
3 58 (52.73%) Investment Banking
4 47 (42.73%) Finance
5 14 (12.73%) Financial Institution
6 4 (3.64%) Back Office
7 1 (0.91%) International Banking
7 1 (0.91%) Marketing
7 1 (0.91%) Retail
Job Titles
1 83 (75.45%) Developer
2 40 (36.36%) Java Developer
3 19 (17.27%) Analyst
4 16 (14.55%) Business Analyst
5 14 (12.73%) Senior Developer
6 12 (10.91%) Quantitative Developer
7 9 (8.18%) SQL Developer
7 9 (8.18%) C++ Developer
7 9 (8.18%) SQL Server Developer
8 6 (5.45%) Front Office Developer
8 6 (5.45%) Senior C++ Developer
9 5 (4.55%) C# Developer
9 5 (4.55%) C++ Quantitative Developer
10 4 (3.64%) Senior Java Developer
11 3 (2.73%) Junior
11 3 (2.73%) Server Support
11 3 (2.73%) WPF Developer
12 2 (1.82%) RAD Developer
12 2 (1.82%) Senior Scala Developer
12 2 (1.82%) Scala Developer
Libraries, Frameworks & Software Standards
1 23 (20.91%) JMS
2 21 (19.09%) RESTful
3 19 (17.27%) .NET
4 10 (9.09%) WPF
5 6 (5.45%) Middleware
5 6 (5.45%) Boost C++ Libraries
5 6 (5.45%) STL
5 6 (5.45%) XML
6 5 (4.55%) Spring
7 4 (3.64%) FpML
8 3 (2.73%) HTML5
8 3 (2.73%) HTML
9 1 (0.91%) Rendezvous
9 1 (0.91%) Web Services
9 1 (0.91%) ASP.NET
9 1 (0.91%) COM+
9 1 (0.91%) Reactive Extensions
9 1 (0.91%) Gherkin
9 1 (0.91%) AngularJS
9 1 (0.91%) WinForms
Miscellaneous
1 71 (64.55%) Derivative
2 43 (39.09%) Fixed Income
3 18 (16.36%) Foreign Exchange (FX)
4 11 (10.00%) Analytical Skills
5 10 (9.09%) Credit Derivative
6 8 (7.27%) Mathematics
7 7 (6.36%) Grid Computing
7 7 (6.36%) Market Risk
8 5 (4.55%) Hedge funds
8 5 (4.55%) Equity Derivative
9 2 (1.82%) Equities
9 2 (1.82%) Management Information System
9 2 (1.82%) Reference Data
9 2 (1.82%) Computer Science
10 1 (0.91%) Swaptions
10 1 (0.91%) Credit Risk
10 1 (0.91%) Visualisation
10 1 (0.91%) User Experience
10 1 (0.91%) Data Structures
10 1 (0.91%) Algorithms
Operating Systems
1 6 (5.45%) Linux
2 5 (4.55%) UNIX
3 4 (3.64%) Windows
4 1 (0.91%) Solaris
Processes & Methodologies
1 23 (20.91%) Multithreading
2 22 (20.00%) Agile Software Development
3 21 (19.09%) Analytics
4 17 (15.45%) Business Analysis
5 13 (11.82%) TDD
5 13 (11.82%) RAD
6 12 (10.91%) Risk Management
7 8 (7.27%) Risk Analysis
8 7 (6.36%) Asset Management
9 6 (5.45%) Data Management
9 6 (5.45%) MVC
9 6 (5.45%) Electronic Trading
9 6 (5.45%) Migration
9 6 (5.45%) Fund Management
10 5 (4.55%) Technical Architecture
10 5 (4.55%) MVVM
11 4 (3.64%) Software Engineering
11 4 (3.64%) Time Management
11 4 (3.64%) Functional Programming
11 4 (3.64%) SDLC
Programming Languages
1 49 (44.55%) Java
2 44 (40.00%) SQL
3 40 (36.36%) C#
4 29 (26.36%) Scala
5 24 (21.82%) C++
6 14 (12.73%) VBA
7 8 (7.27%) Python
8 6 (5.45%) T-SQL
9 4 (3.64%) R
10 2 (1.82%) VB
10 2 (1.82%) Perl
11 1 (0.91%) MATLAB
11 1 (0.91%) APL
Qualifications
1 11 (10.00%) Degree
2 1 (0.91%) PhD
2 1 (0.91%) A+ Certification
Quality Assurance & Compliance
1 3 (2.73%) EMIR
2 2 (1.82%) Dodd-Frank
2 2 (1.82%) Data Quality
3 1 (0.91%) MiFID
Vendors
1 34 (30.91%) Oracle
2 14 (12.73%) Sybase
3 9 (8.18%) Microsoft
4 6 (5.45%) TIBCO
5 5 (4.55%) Solace
6 3 (2.73%) Murex
6 3 (2.73%) Tradeweb
7 2 (1.82%) MicroStrategy
8 1 (0.91%) Foundry
8 1 (0.91%) Software AG
8 1 (0.91%) Bloomberg
8 1 (0.91%) eSpeed
8 1 (0.91%) Perforce
8 1 (0.91%) Thunderhead
8 1 (0.91%) Sun
London
McGregor Boyall
Rate: £550 - £650 per day
Posted: 4 days ago
London
Hays IT - Uk Posting account
Rate: £750.00 - £830.00 per day
Posted: 8 days ago
London
Hays IT - Uk Posting account
Rate: £750.00 - £830.00 per day
Posted: 11 days ago