Period
to 25 September 2018

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 25 September 2018 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
25 Sep 2018
Same period 2017 Same period 2016
Rank 234 235 236
Rank change year-on-year +1 +1 +13
Contract jobs citing Interest Rate Derivative 8 8 7
As % of all contract IT jobs advertised in the City of London 0.11% 0.12% 0.11%
As % of the Miscellaneous category 0.26% 0.28% 0.26%
Number of daily rates quoted 8 7 7
City of London median daily rate £575 £550 £650
Median daily rate % change year-on-year +4.55% -15.38% +4.00%
10th Percentile £475 £510 £590
90th Percentile £721 £785 £670
Central London median daily rate £575 £550 £650
% change year-on-year +4.55% -15.38% +4.00%
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 3,031 2,909 2,743
As % of all contract IT jobs advertised in the City of London 43.36% 42.94% 41.20%
Number of daily rates quoted 2,359 2,213 2,215
City of London median daily rate £525 £525 £475
Median daily rate % change year-on-year - +10.53% -
10th Percentile £313 £323 £306
90th Percentile £713 £693 £663
Central London median daily rate £525 £525 £475
% change year-on-year - +10.53% +4.11%
Number of hourly rates quoted 56 33 24
City of London median hourly rate £19.25 £20.50 £18.25
Median hourly rate % change year-on-year -6.10% +12.33% -13.10%
10th Percentile £13.12 £12.78 £11.25
90th Percentile £37.09 £33.25 £76.00
Central London median hourly rate £19.25 £19.00 £17.38
% change year-on-year +1.32% +9.35% -14.55%

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 25 September 2018.

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 25 September 2018, IT contractor jobs citing Interest Rate Derivative also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region with a requirement for Interest Rate Derivative.

1 8 (100.00%) Derivative
2 5 (62.50%) SQL
2 5 (62.50%) Finance
2 5 (62.50%) Fixed Income
3 4 (50.00%) Java
3 4 (50.00%) Banking
4 3 (37.50%) Investment Banking
4 3 (37.50%) QA
4 3 (37.50%) Foreign Exchange (FX)
5 2 (25.00%) JavaScript
5 2 (25.00%) HP
5 2 (25.00%) PRINCE2 Certification
5 2 (25.00%) GAP Analysis
5 2 (25.00%) Front Office
5 2 (25.00%) Back Office
5 2 (25.00%) VBScript
5 2 (25.00%) PRINCE2
5 2 (25.00%) Unix
5 2 (25.00%) Project Management
5 2 (25.00%) Selenium
5 2 (25.00%) Business Analysis
5 2 (25.00%) FIX Protocol
5 2 (25.00%) Electronic Trading
5 2 (25.00%) Test Automation
5 2 (25.00%) HP Quality Center
5 2 (25.00%) Cucumber
5 2 (25.00%) Analytics
5 2 (25.00%) Project Planning
5 2 (25.00%) Credit Derivative
5 2 (25.00%) Spring

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:

Business Applications
1 1 (12.50%) ION MarketView
Database & Business Intelligence
1 1 (12.50%) Relational Database
1 1 (12.50%) SQL Server
Development Applications
1 2 (25.00%) Cucumber
1 2 (25.00%) Selenium
General
1 5 (62.50%) Finance
2 4 (50.00%) Banking
3 3 (37.50%) Investment Banking
4 2 (25.00%) Back Office
4 2 (25.00%) Front Office
Job Titles
1 2 (25.00%) Analyst
1 2 (25.00%) Automation Engineer
1 2 (25.00%) Business Analyst
1 2 (25.00%) Business IT Analyst
1 2 (25.00%) Developer
1 2 (25.00%) IT Analyst
1 2 (25.00%) IT Business Analyst
1 2 (25.00%) Java Developer
1 2 (25.00%) PMO Manager
1 2 (25.00%) PMO Project Manager
1 2 (25.00%) Project Manager
1 2 (25.00%) QA Automation Engineer
1 2 (25.00%) QA Engineer
1 2 (25.00%) Senior Automation Engineer
1 2 (25.00%) Senior Developer
1 2 (25.00%) Senior Java Developer
1 2 (25.00%) Senior QA Engineer
2 1 (12.50%) IT Manager
2 1 (12.50%) Java Pricing Developer
2 1 (12.50%) Pricing Developer
Libraries, Frameworks & Software Standards
1 2 (25.00%) FIX Protocol
1 2 (25.00%) HTML
1 2 (25.00%) Spring
2 1 (12.50%) ActiveMQ
2 1 (12.50%) FpML
2 1 (12.50%) J2EE
2 1 (12.50%) Middleware
Miscellaneous
1 8 (100.00%) Derivative
2 5 (62.50%) Fixed Income
3 3 (37.50%) Foreign Exchange (FX)
4 2 (25.00%) Credit Derivative
5 1 (12.50%) OTC Derivatives
Operating Systems
1 2 (25.00%) Unix
Processes & Methodologies
1 2 (25.00%) Analytics
1 2 (25.00%) Business Analysis
1 2 (25.00%) Electronic Trading
1 2 (25.00%) GAP Analysis
1 2 (25.00%) PRINCE2
1 2 (25.00%) Project Management
1 2 (25.00%) Project Planning
1 2 (25.00%) QA Automation
1 2 (25.00%) Test Automation
2 1 (12.50%) Multithreading
2 1 (12.50%) OO
2 1 (12.50%) SDLC
2 1 (12.50%) Server Management
Programming Languages
1 5 (62.50%) SQL
2 4 (50.00%) Java
3 2 (25.00%) JavaScript
3 2 (25.00%) VBScript
4 1 (12.50%) Java 8
Qualifications
1 2 (25.00%) PRINCE2 Certification
Quality Assurance & Compliance
1 3 (37.50%) QA
2 2 (25.00%) PMO
Systems Management
1 2 (25.00%) HP ALM
1 2 (25.00%) HP Quality Center
Vendors
1 2 (25.00%) HP
2 1 (12.50%) ION Trading
2 1 (12.50%) Microsoft
2 1 (12.50%) Solace