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 21 August 2014 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
21 Aug 2014
Same period 2013 Same period 2012
Interest Rate Derivatives
Rank 564 463 478
Rank change year-on-year
-101 +15
Contract jobs citing Interest Rate Derivative 35 110 117
As % of all contract IT jobs located in the UK 0.062% 0.21% 0.20%
As % of the Miscellaneous category 0.24% 0.80% 0.81%
Number of daily rates quoted 29 92 94
Average daily rate
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of your Daily Rate
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£600 £575 £600
Average daily rate % change year-on-year
+4.34% -4.16%
90% offered a daily rate of more than £450 £500 £550
10% offered a daily rate of more than £650 £650 £700
UK excluding London average daily rate - - -
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
14338 13715 14464
As % of all contract IT jobs located in the UK 25.46% 26.14% 24.97%
Number of daily rates quoted 8593 8388 8401
Average daily rate £415 £425 £425
Average daily rate % change year-on-year
-2.35% -
90% offered a daily rate of more than £246 £245 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 620 612 795
Average hourly rate £18.00 £19.25 £25.73
Average hourly rate % change year-on-year
-6.49% -25.18%
90% offered a hourly rate of more than £12.42 £12.00 £12.00
10% offered a hourly rate of more than £43.00 £42.50 £45.00
UK excluding London average hourly rate £18.88 £17.50 £29.00
% change year-on-year
+7.85% -39.65%

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 21 August 2014.

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 4 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 21 August 2014. 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 -90 35 £600 +4.34% 9
London -69 34 £600 +4.34% 9
City of London -18 7 £575 - 6
Canary Wharf - - - -

Interest Rate Derivative
Top 30 Related IT Skills

For the 6 months to 21 August 2014, 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 80 (95.24%) Derivative
2 44 (52.38%) Front Office
2 44 (52.38%) Finance
3 34 (40.48%) Java
4 33 (39.29%) C++
5 27 (32.14%) Foreign Exchange (FX)
6 25 (29.76%) Scala
7 21 (25.00%) SQL
8 18 (21.43%) Fixed Income
8 18 (21.43%) Banking
9 17 (20.24%) C#
9 17 (20.24%) Workflow
9 17 (20.24%) Multithreading
10 16 (19.05%) UNIX
11 15 (17.86%) Linux
11 15 (17.86%) FpML
11 15 (17.86%) Risk Management
12 14 (16.67%) HTML
12 14 (16.67%) JavaScript
12 14 (16.67%) XML
12 14 (16.67%) Spring
12 14 (16.67%) HTML5
12 14 (16.67%) AngularJS
13 13 (15.48%) Credit Derivative
13 13 (15.48%) Mathematics
14 12 (14.29%) Back Office
15 11 (13.10%) .NET
15 11 (13.10%) Oracle
15 11 (13.10%) STL
15 11 (13.10%) Business Analysis

Interest Rate Derivative
Top Related IT Skills by Category

For the 6 months to 21 August 2014, 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 1 (1.19%) Oracle Coherence
Applications
1 6 (7.14%) MS Excel
2 4 (4.76%) MS Visio
2 4 (4.76%) MS PowerPoint
3 3 (3.57%) MS Project
4 2 (2.38%) Spreadsheet
Business Applications
1 2 (2.38%) Markit EDM
2 1 (1.19%) Summit
Database & Business Intelligence
1 7 (8.33%) Oracle Database 10g
1 7 (8.33%) Oracle Database
1 7 (8.33%) Relational Database
2 5 (5.95%) SQL Server
3 3 (3.57%) MS Access
4 2 (2.38%) SQL Server Reporting Services
4 2 (2.38%) SQL Server Integration Services
5 1 (1.19%) KDB
5 1 (1.19%) SQL Server 2008
5 1 (1.19%) Hazelcast
5 1 (1.19%) Data Mart
Development Applications
1 7 (8.33%) Visual Studio
1 7 (8.33%) Subversion
2 3 (3.57%) JUnit
3 2 (2.38%) Gradle
3 2 (2.38%) TeamCity
3 2 (2.38%) Team Foundation Server
3 2 (2.38%) Maven
4 1 (1.19%) JIRA
4 1 (1.19%) jMock
4 1 (1.19%) Mockito
General
1 44 (52.38%) Front Office
1 44 (52.38%) Finance
2 18 (21.43%) Banking
3 12 (14.29%) Back Office
4 9 (10.71%) Investment Banking
5 3 (3.57%) Retail
6 1 (1.19%) Retail Banking
6 1 (1.19%) Financial Institution
Job Titles
1 55 (65.48%) Developer
2 16 (19.05%) Analyst
3 14 (16.67%) Business Analyst
4 13 (15.48%) Front Office Developer
4 13 (15.48%) Java Developer
5 11 (13.10%) Scala Developer
6 7 (8.33%) C# Developer
6 7 (8.33%) SQL Developer
6 7 (8.33%) Senior Developer
7 5 (5.95%) Project Manager
8 4 (4.76%) Test Leader
8 4 (4.76%) Python Developer
9 3 (3.57%) Senior C# Developer
9 3 (3.57%) Investment Banking Business Analyst
9 3 (3.57%) .NET Developer
9 3 (3.57%) C++ Developer
10 2 (2.38%) Quantitative Developer
10 2 (2.38%) Murex Consultant
10 2 (2.38%) Consultant
10 2 (2.38%) Senior .NET Developer
Libraries, Frameworks & Software Standards
1 15 (17.86%) FpML
2 14 (16.67%) Spring
2 14 (16.67%) HTML
2 14 (16.67%) XML
2 14 (16.67%) HTML5
2 14 (16.67%) AngularJS
3 11 (13.10%) Boost C++ Libraries
3 11 (13.10%) .NET
3 11 (13.10%) STL
4 7 (8.33%) XSLT
4 7 (8.33%) WPF
5 3 (3.57%) WCF
5 3 (3.57%) WinForms
6 2 (2.38%) MDX
6 2 (2.38%) Middleware
6 2 (2.38%) ASP.NET
6 2 (2.38%) DOM
6 2 (2.38%) Restlet
7 1 (1.19%) Murex MxML
7 1 (1.19%) ADO.NET Entity Framework
Miscellaneous
1 80 (95.24%) Derivative
2 27 (32.14%) Foreign Exchange (FX)
3 18 (21.43%) Fixed Income
4 13 (15.48%) Credit Derivative
4 13 (15.48%) Mathematics
5 11 (13.10%) Computer Science
5 11 (13.10%) Open Source
6 8 (9.52%) Grid Computing
7 5 (5.95%) Swaptions
7 5 (5.95%) Credit Risk
8 4 (4.76%) Equity Derivative
9 3 (3.57%) DTCC
10 2 (2.38%) Client/Server
10 2 (2.38%) Market Risk
10 2 (2.38%) Reference Data
10 2 (2.38%) Visualisation
10 2 (2.38%) Equities
10 2 (2.38%) Hedge funds
11 1 (1.19%) Statistics
11 1 (1.19%) Hybrid Derivative
Operating Systems
1 16 (19.05%) UNIX
2 15 (17.86%) Linux
3 10 (11.90%) Windows
4 2 (2.38%) Windows 7
Processes & Methodologies
1 17 (20.24%) Workflow
1 17 (20.24%) Multithreading
2 15 (17.86%) Risk Management
3 11 (13.10%) Business Analysis
3 11 (13.10%) Low Latency
4 9 (10.71%) Unit Testing
5 8 (9.52%) OO
6 7 (8.33%) Regression Testing
7 6 (7.14%) Analytics
8 5 (5.95%) Agile Software Development
8 5 (5.95%) TDD
8 5 (5.95%) Greeks
9 4 (4.76%) Risk Analysis
9 4 (4.76%) Data Modelling
10 3 (3.57%) OOP
10 3 (3.57%) Asset Management
10 3 (3.57%) Data Management
10 3 (3.57%) Data Analysis
10 3 (3.57%) Workflow Management
10 3 (3.57%) Migration
Programming Languages
1 34 (40.48%) Java
2 33 (39.29%) C++
3 25 (29.76%) Scala
4 21 (25.00%) SQL
5 17 (20.24%) C#
6 14 (16.67%) JavaScript
7 8 (9.52%) Python
8 7 (8.33%) VC++
9 4 (4.76%) VBA
10 2 (2.38%) VB
11 1 (1.19%) C
11 1 (1.19%) Shell Script
11 1 (1.19%) MATLAB
11 1 (1.19%) VB6
Qualifications
1 9 (10.71%) Degree
2 2 (2.38%) MCSD
2 2 (2.38%) MCSE
2 2 (2.38%) Microsoft Certification
Quality Assurance & Compliance
1 6 (7.14%) EMIR
2 3 (3.57%) Dodd-Frank
3 1 (1.19%) Basel III
3 1 (1.19%) Data Quality
Systems Management
1 1 (1.19%) HP Quality Center
Vendors
1 11 (13.10%) Oracle
2 9 (10.71%) Microsoft
3 7 (8.33%) Murex
3 7 (8.33%) Tradeweb
4 3 (3.57%) DataSynapse
5 2 (2.38%) DevExpress
5 2 (2.38%) BI-SAM
5 2 (2.38%) TIBCO
5 2 (2.38%) Bloomberg
5 2 (2.38%) Linedata
5 2 (2.38%) Infragistics
6 1 (1.19%) ION Trading
6 1 (1.19%) MicroStrategy
6 1 (1.19%) Sybase
6 1 (1.19%) Business Objects
City of London
Huxley Associates
Rate: £450 - £550 per annum + competitive
Posted: 4 hours ago
London
Hays IT - Uk Posting account
Rate: £450.00 - £550.00 per day
Posted: 6 hours ago
City, London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 8 hours ago
City, London
Go Partnership.
Rate: From £400 to £600 per day
Posted: 2 days ago
London
Harrington Starr
Rate: £400 - £500 per day
Posted: 3 days ago
City, London
Aston Carter
Rate: £500 - £600 per day
Posted: 3 days ago
City of London
Huxley Associates
Rate: competitive
Posted: 27 days ago