Interest Rate Derivative Contracts in the City of London

Interest Rate Derivatives
Central London > City of London

The table below looks at the prevalence of the term Interest Rate Derivative in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Interest Rate Derivative over the 6 months to 3 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
3 May 2024
Same period 2023 Same period 2022
Rank 123 173 191
Rank change year-on-year +50 +18 -50
Contract jobs citing Interest Rate Derivative 2 1 1
As % of all contract jobs advertised in the City of London 0.092% 0.027% 0.024%
As % of the Miscellaneous category 0.30% 0.077% 0.066%
Number of daily rates quoted 2 1 1
10th Percentile £826 - -
25th Percentile £832 £463 -
Median daily rate (50th Percentile) £859 £475 £650
Median % change year-on-year +80.87% -26.92% +6.12%
75th Percentile £882 £488 -
90th Percentile £885 - -
Central London median daily rate £859 £475 £650
% change year-on-year +80.87% -26.92% +6.12%

All Generic Skills
City of London

Interest Rate Derivative is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 675 1,293 1,504
As % of all contract IT jobs advertised in the City of London 30.93% 35.52% 35.50%
Number of daily rates quoted 463 878 1,100
10th Percentile £275 £350 £413
25th Percentile £425 £500 £500
Median daily rate (50th Percentile) £575 £625 £579
Median % change year-on-year -8.00% +7.94% +5.27%
75th Percentile £700 £750 £700
90th Percentile £848 £850 £808
Central London median daily rate £575 £611 £575
% change year-on-year -5.93% +6.30% +4.55%
Number of hourly rates quoted 7 13 23
10th Percentile £12.75 £17.33 £19.85
25th Percentile £14.38 - £38.25
Median hourly rate £23.00 £35.00 £47.50
Median % change year-on-year -34.29% -26.32% +164.26%
75th Percentile £27.25 £88.30 £61.75
90th Percentile £36.60 - £65.10
Central London median hourly rate £23.00 £35.00 £47.50
% change year-on-year -34.29% -26.32% +137.50%

Interest Rate Derivative
Job Vacancy Trend in the City of London

Job postings citing Interest Rate Derivative as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Interest Rate Derivative in the City of London

Interest Rate Derivative
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Interest Rate Derivative in the City of London.

Daily rate trend for Interest Rate Derivative in the City of London

Interest Rate Derivative
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Interest Rate Derivative in the City of London.

Hourly rate trend for Interest Rate Derivative in the City of London

Interest Rate Derivative
Co-occurring Skills and Capabilities in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

General
1 2 (100.00%) Banking
1 2 (100.00%) International Banking
Job Titles
1 2 (100.00%) Analyst
1 2 (100.00%) Qualitative Analyst
1 2 (100.00%) Quantitative Analyst
Miscellaneous
1 2 (100.00%) Derivative
Processes & Methodologies
1 2 (100.00%) OO
2 1 (50.00%) Model Validation
2 1 (50.00%) Validation
Programming Languages
1 2 (100.00%) C#
1 2 (100.00%) C++