Period
to 23 November 2017

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 23 November 2017 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Interest Rate Derivatives
Central London > City of London
6 months to
23 Nov 2017
Same period 2016 Same period 2015
Rank 236 235 229
Rank change year-on-year -1 -6 +56
Contract jobs citing Interest Rate Derivative 12 6 43
As % of all contract IT jobs advertised in the City of London 0.17% 0.090% 0.48%
As % of the Miscellaneous category 0.39% 0.22% 1.20%
Number of daily rates quoted 11 6 39
City of London median daily rate £550 £650 £625
Median daily rate % change year-on-year -15.38% +4.00% +4.17%
10th Percentile £488 £588 £569
90th Percentile £700 £650 £740
Central London median daily rate £550 £650 £625
% change year-on-year -15.38% +4.00% +4.17%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

Interest Rate Derivative is in the Generic IT 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.

All Generic IT Skills
City of London
Contract vacancies with a requirement for generic IT skills 3100 2736 3571
As % of all contract IT jobs advertised in the City of London 43.42% 40.85% 39.48%
Number of daily rates quoted 2410 2129 2836
City of London median daily rate £525 £475 £475
Median daily rate % change year-on-year +10.53% - +5.56%
10th Percentile £325 £313 £275
90th Percentile £725 £675 £664
Central London median daily rate £525 £475 £475
% change year-on-year +10.53% - +5.56%
Number of hourly rates quoted 36 30 55
City of London median hourly rate £22.75 £19.00 £20.00
Median hourly rate % change year-on-year +19.74% -5.00% +14.29%
10th Percentile £13.16 £11.25 £12.00
90th Percentile £33.81 £55.00 £42.15
Central London median hourly rate £21.71 £18.45 £20.00
% change year-on-year +17.66% -7.75% +14.29%

Interest Rate Derivative
Job Vacancy Trend in the City of London

Job postings citing Interest Rate Derivative as a percentage 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

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Interest Rate Derivative in the City of London.

Contractor daily rate trend for Interest Rate Derivative in the City of London

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

The daily rate distribution of IT jobs citing Interest Rate Derivative in the City of London over the 6 months to 23 November 2017.

Contractor daily rate histogram for Interest Rate Derivative in the City of London

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

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Interest Rate Derivative in the City of London.

Contractor hourly rate trend for Interest Rate Derivative in the City of London

For the 6 months to 23 November 2017, 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 across the City of London region with a requirement for Interest Rate Derivative.

1 12 (100.00%) Derivative
2 10 (83.33%) Finance
3 9 (75.00%) Front Office
4 8 (66.67%) Agile Software Development
5 7 (58.33%) Equities
6 6 (50.00%) Fixed Income
6 6 (50.00%) Equity Derivative
6 6 (50.00%) MiFID
6 6 (50.00%) Swaptions
7 5 (41.67%) Back Office
7 5 (41.67%) Foreign Exchange (FX)
7 5 (41.67%) EMIR
7 5 (41.67%) Market Surveillance
8 4 (33.33%) Project Management
8 4 (33.33%) MS Visio
8 4 (33.33%) Microsoft
8 4 (33.33%) SQL
8 4 (33.33%) Risk Management
8 4 (33.33%) Scrum
8 4 (33.33%) Business Analysis
9 3 (25.00%) Maven
9 3 (25.00%) Software Engineering
9 3 (25.00%) Credit Risk
9 3 (25.00%) Market Risk
9 3 (25.00%) Oracle Coherence
9 3 (25.00%) QA
9 3 (25.00%) WCF
9 3 (25.00%) WPF
9 3 (25.00%) BPMN
9 3 (25.00%) RESTful

Interest Rate Derivative
Co-occurring IT Skills in the City of London 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 3 (25.00%) Apache Spark
1 3 (25.00%) Oracle Coherence
2 1 (8.33%) Confluence
Applications
1 4 (33.33%) MS Visio
2 1 (8.33%) Microsoft Excel
2 1 (8.33%) Microsoft Office
2 1 (8.33%) Microsoft Project
Database & Business Intelligence
1 3 (25.00%) Apache Cassandra
1 3 (25.00%) Big Data
1 3 (25.00%) Hadoop
1 3 (25.00%) HBase
1 3 (25.00%) MongoDB
1 3 (25.00%) NoSQL
1 3 (25.00%) Spark SQL
Development Applications
1 3 (25.00%) Cucumber
1 3 (25.00%) Git (software)
1 3 (25.00%) Maven
1 3 (25.00%) SonarQube
1 3 (25.00%) TeamCity
2 1 (8.33%) JIRA
General
1 10 (83.33%) Finance
2 9 (75.00%) Front Office
3 5 (41.67%) Back Office
4 1 (8.33%) Banking
4 1 (8.33%) Financial Institution
4 1 (8.33%) Marketing
Job Titles
1 5 (41.67%) Analyst
1 5 (41.67%) Business Analyst
2 3 (25.00%) Business Integration Analyst
2 3 (25.00%) C# Developer
2 3 (25.00%) Developer
2 3 (25.00%) Integration Analyst
2 3 (25.00%) Senior Software Engineer
2 3 (25.00%) Software Engineer
3 2 (16.67%) .NET Developer
3 2 (16.67%) C# .NET Developer
3 2 (16.67%) C# WCF Developer
3 2 (16.67%) C# WPF Developer
3 2 (16.67%) Front Office Business Analyst
3 2 (16.67%) Front Office Developer
3 2 (16.67%) WCF Developer
3 2 (16.67%) WPF Developer
4 1 (8.33%) Commodities Business Analyst
4 1 (8.33%) FX Business Analyst
4 1 (8.33%) Risk Business Analyst
4 1 (8.33%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 3 (25.00%) .NET
1 3 (25.00%) Akka
1 3 (25.00%) Apache Avro
1 3 (25.00%) Gherkin
1 3 (25.00%) Kafka
1 3 (25.00%) OpenCL
1 3 (25.00%) RESTful
1 3 (25.00%) WCF
1 3 (25.00%) WPF
2 2 (16.67%) .NET Framework
2 2 (16.67%) WinForms
Miscellaneous
1 12 (100.00%) Derivative
2 7 (58.33%) Equities
3 6 (50.00%) Equity Derivative
3 6 (50.00%) Fixed Income
3 6 (50.00%) Swaptions
4 5 (41.67%) Foreign Exchange (FX)
5 3 (25.00%) Credit Risk
5 3 (25.00%) Market Risk
6 1 (8.33%) Analytical Skills
6 1 (8.33%) Credit Derivative
Operating Systems
1 3 (25.00%) Linux
Processes & Methodologies
1 8 (66.67%) Agile Software Development
2 5 (41.67%) Market Surveillance
3 4 (33.33%) Business Analysis
3 4 (33.33%) Project Management
3 4 (33.33%) Risk Management
3 4 (33.33%) Scrum
4 3 (25.00%) BPMN
4 3 (25.00%) Data Modelling
4 3 (25.00%) MapReduce
4 3 (25.00%) PnL Attribution
4 3 (25.00%) Software Engineering
4 3 (25.00%) Technical Analysis
4 3 (25.00%) Waterfall
5 2 (16.67%) TDD
6 1 (8.33%) Fund Management
6 1 (8.33%) Investment Management
6 1 (8.33%) Logistics
6 1 (8.33%) Product Management
6 1 (8.33%) Requirements Management
6 1 (8.33%) Wealth Management
Programming Languages
1 4 (33.33%) SQL
2 3 (25.00%) Bash Shell
2 3 (25.00%) C#
2 3 (25.00%) Java
2 3 (25.00%) Scala
Qualifications
1 1 (8.33%) ISEB
Quality Assurance & Compliance
1 6 (50.00%) MiFID
2 5 (41.67%) EMIR
3 3 (25.00%) QA
System Software
1 3 (25.00%) Apache ZooKeeper
1 3 (25.00%) HDFS
Systems Management
1 3 (25.00%) Mesos
Vendors
1 4 (33.33%) Microsoft
2 3 (25.00%) Oracle