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 31 August 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
31 Aug 2016
Same period 2015 Same period 2014
Interest Rate Derivatives
Rank 628 593 597
Rank change year-on-year
-35 +4
Contract jobs citing Interest Rate Derivative 17 69 39
As % of all contract IT jobs located in the UK 0.031% 0.12% 0.070%
As % of the Miscellaneous category 0.094% 0.36% 0.21%
Number of daily rates quoted 16 60 32
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 £450
10% offered a daily rate of more than £688 £790 £650
UK excluding London median daily rate - £600 -
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
18030 19074 18272
As % of all contract IT jobs located in the UK 33.37% 32.55% 32.83%
Number of daily rates quoted 11630 11952 10928
Median daily rate £425 £425 £400
Median daily rate % change year-on-year
- +6.25%
90% offered a daily rate of more than £250 £250 £240
10% offered a daily rate of more than £600 £615 £600
UK excluding London median daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 686 780 774
Median hourly rate £21.00 £20.25 £19.00
Median hourly rate % change year-on-year
+3.70% +6.57%
90% offered a hourly rate of more than £12.00 £12.00 £12.42
10% offered a hourly rate of more than £44.00 £45.00 £45.00
UK excluding London median hourly rate £22.25 £20.00 £19.00
% change year-on-year
+11.25% +5.26%

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 31 August 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 31 August 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 -46 17 £600 -4.00% 1
London -72 17 £600 -4.00% 1
City of London -3 2 £650 +4.00%

Interest Rate Derivative
Top 30 Related IT Skills

For the 6 months to 31 August 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 45 (93.75%) Derivative
2 38 (79.17%) C#
3 33 (68.75%) Finance
4 30 (62.50%) Banking
5 23 (47.92%) Agile Software Development
6 21 (43.75%) TDD
6 21 (43.75%) SQL
7 19 (39.58%) .NET
8 18 (37.50%) C++
9 17 (35.42%) Financial Institution
10 16 (33.33%) Microsoft
10 16 (33.33%) SQL Server Integration Services
11 10 (20.83%) Investment Banking
11 10 (20.83%) Fixed Income
11 10 (20.83%) Front Office
11 10 (20.83%) Grid Computing
12 9 (18.75%) DevOps
13 8 (16.67%) ASP.NET
14 7 (14.58%) Mentoring
14 7 (14.58%) Software Engineering
14 7 (14.58%) Foreign Exchange (FX)
14 7 (14.58%) MVC
15 5 (10.42%) Scrum
15 5 (10.42%) ASP.NET MVC
16 4 (8.33%) NoSQL
16 4 (8.33%) Credit Derivative
16 4 (8.33%) Maven
16 4 (8.33%) WPF
16 4 (8.33%) Java
17 3 (6.25%) Back Office

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 2 (4.17%) Apache
1 2 (4.17%) Apache Spark
1 2 (4.17%) Jetty
1 2 (4.17%) Oracle Coherence
Applications
1 1 (2.08%) MS Excel
Database & Business Intelligence
1 16 (33.33%) SQL Server Integration Services
2 4 (8.33%) NoSQL
3 3 (6.25%) Big Data
3 3 (6.25%) SQL Server
4 2 (4.17%) Apache Cassandra
4 2 (4.17%) Hadoop
4 2 (4.17%) HBase
4 2 (4.17%) MongoDB
4 2 (4.17%) Spark SQL
5 1 (2.08%) BusinessObjects
5 1 (2.08%) Data Warehouse
5 1 (2.08%) SQL Server 2005
5 1 (2.08%) SQL Server 2008
5 1 (2.08%) SQL Server Reporting Services
Development Applications
1 4 (8.33%) Maven
2 2 (4.17%) Ant
2 2 (4.17%) Git (software)
2 2 (4.17%) Hudson
2 2 (4.17%) Jenkins
2 2 (4.17%) TeamCity
General
1 33 (68.75%) Finance
2 30 (62.50%) Banking
3 17 (35.42%) Financial Institution
4 10 (20.83%) Front Office
4 10 (20.83%) Investment Banking
5 3 (6.25%) Back Office
Job Titles
1 35 (72.92%) Developer
2 27 (56.25%) C# Developer
3 17 (35.42%) .NET Developer
3 17 (35.42%) C# .NET Developer
4 16 (33.33%) SQL Developer
4 16 (33.33%) SSIS Developer
5 10 (20.83%) Agile Developer
6 8 (16.67%) Agile C# Developer
6 8 (16.67%) C++ Developer
6 8 (16.67%) C++/C# Developer
6 8 (16.67%) Grid Developer
6 8 (16.67%) Senior Developer
7 7 (14.58%) Software Engineer
8 6 (12.50%) Analyst
9 5 (10.42%) ASP.NET MVC Developer
9 5 (10.42%) Business Analyst
10 4 (8.33%) ASP.NET Developer
10 4 (8.33%) C# ASP.NET Developer
10 4 (8.33%) Derivatives Business Analyst
10 4 (8.33%) Java Developer
Libraries, Frameworks & Software Standards
1 19 (39.58%) .NET
2 8 (16.67%) ASP.NET
3 5 (10.42%) ASP.NET MVC
4 4 (8.33%) WPF
5 2 (4.17%) Akka
5 2 (4.17%) JMS
5 2 (4.17%) Kafka
5 2 (4.17%) Middleware
5 2 (4.17%) Spring
5 2 (4.17%) Web Services
6 1 (2.08%) AngularJS
6 1 (2.08%) ASP.NET Web API
6 1 (2.08%) Murex MxML
6 1 (2.08%) REST
6 1 (2.08%) RESTful
Miscellaneous
1 45 (93.75%) Derivative
2 10 (20.83%) Fixed Income
2 10 (20.83%) Grid Computing
3 7 (14.58%) Foreign Exchange (FX)
4 4 (8.33%) Credit Derivative
5 2 (4.17%) Analytical Skills
5 2 (4.17%) Equities
5 2 (4.17%) Equity Derivative
5 2 (4.17%) OTC Derivatives
6 1 (2.08%) Computer Science
Operating Systems
1 2 (4.17%) Linux
2 1 (2.08%) Unix
Processes & Methodologies
1 23 (47.92%) Agile Software Development
2 21 (43.75%) TDD
3 9 (18.75%) DevOps
4 7 (14.58%) Mentoring
4 7 (14.58%) MVC
4 7 (14.58%) Software Engineering
5 5 (10.42%) Scrum
6 3 (6.25%) Business Analysis
6 3 (6.25%) Change Management
7 2 (4.17%) BDD
7 2 (4.17%) MapReduce
7 2 (4.17%) Migration
7 2 (4.17%) Project Management
7 2 (4.17%) Risk Management
7 2 (4.17%) Test Automation
7 2 (4.17%) Waterfall
8 1 (2.08%) Collateral Management
8 1 (2.08%) ETL Development
8 1 (2.08%) Open Source
8 1 (2.08%) Web Application Development
Programming Languages
1 38 (79.17%) C#
2 21 (43.75%) SQL
3 18 (37.50%) C++
4 4 (8.33%) Java
5 2 (4.17%) Scala
6 1 (2.08%) JavaScript
6 1 (2.08%) Perl
6 1 (2.08%) PL/SQL
Qualifications
1 1 (2.08%) Degree
Quality Assurance & Compliance
1 2 (4.17%) QA
System Software
1 2 (4.17%) Apache ZooKeeper
1 2 (4.17%) HDFS
Vendors
1 16 (33.33%) Microsoft
2 2 (4.17%) Murex
2 2 (4.17%) Solace
2 2 (4.17%) TIBCO
3 1 (2.08%) Informatica
3 1 (2.08%) Oracle
3 1 (2.08%) Teradata