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 in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Interest Rate Derivative over the 6 months leading up to 3 May 2025, comparing them to the same period in the previous two years.

6 months to
3 May 2025
Same period 2024 Same period 2023
Rank 120 125 175
Rank change year-on-year +5 +50 +20
Contract jobs citing Interest Rate Derivative 3 2 1
As % of all contract jobs advertised in the City of London 0.17% 0.091% 0.027%
As % of the Miscellaneous category 0.49% 0.30% 0.077%
Number of daily rates quoted 3 2 1
10th Percentile £508 £826 -
25th Percentile £556 £832 £463
Median daily rate (50th Percentile) £675 £859 £475
Median % change year-on-year -21.43% +80.87% -26.92%
75th Percentile £856 £882 £488
90th Percentile £943 £885 -
Central London median daily rate £675 £859 £475
% change year-on-year -21.43% +80.87% -26.92%

All Generic Skills
City of London

Interest Rate Derivative falls under the General and Transferable Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring generic IT skills in the City of London.

Contract vacancies with a requirement for generic IT skills 610 674 1,297
As % of all contract IT jobs advertised in the City of London 34.74% 30.75% 35.58%
Number of daily rates quoted 384 460 881
10th Percentile £363 £274 £350
25th Percentile £475 £425 £500
Median daily rate (50th Percentile) £596 £575 £625
Median % change year-on-year +3.70% -8.00% +8.70%
75th Percentile £700 £700 £750
90th Percentile £800 £850 £856
Central London median daily rate £575 £575 £613
% change year-on-year - -6.12% +6.52%
Number of hourly rates quoted 3 7 13
10th Percentile £23.80 £12.75 £17.33
25th Percentile £26.50 £14.38 -
Median hourly rate £31.00 £23.00 £35.00
Median % change year-on-year +34.78% -34.29% -27.84%
75th Percentile £65.50 £27.25 £88.30
90th Percentile £86.20 £36.60 -
Central London median hourly rate £29.07 £23.00 £35.00
% change year-on-year +26.39% -34.29% -27.84%

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
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Interest Rate Derivative in the City of London over the 6 months to 3 May 2025.

Daily rate histogram 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:

Cloud Services
1 1 (33.33%) GCP
1 1 (33.33%) Power Platform
Database & Business Intelligence
1 1 (33.33%) BigQuery
1 1 (33.33%) Data Warehouse
1 1 (33.33%) Looker
1 1 (33.33%) Power BI
1 1 (33.33%) Tableau
General
1 3 (100.00%) Banking
2 1 (33.33%) Finance
2 1 (33.33%) Financial Institution
2 1 (33.33%) Front Office
2 1 (33.33%) Investment Banking
2 1 (33.33%) Social Skills
Job Titles
1 2 (66.67%) Analyst
1 2 (66.67%) Business Analyst
2 1 (33.33%) Data Analyst
2 1 (33.33%) Data Business Analyst
2 1 (33.33%) Developer
2 1 (33.33%) Risk Analyst
2 1 (33.33%) Risk Business Analyst
2 1 (33.33%) Senior
2 1 (33.33%) Senior Analyst
2 1 (33.33%) Senior Business Analyst
2 1 (33.33%) Senior Risk Analyst
2 1 (33.33%) Treasury Business Analyst
Miscellaneous
1 3 (100.00%) Derivative
2 1 (33.33%) Data Structures
2 1 (33.33%) Foreign Exchange (FX)
2 1 (33.33%) Product Ownership
2 1 (33.33%) Team-Oriented Environment
Processes & Methodologies
1 2 (66.67%) Software Engineering
2 1 (33.33%) Analytics
2 1 (33.33%) Business Analysis
2 1 (33.33%) Business Intelligence
2 1 (33.33%) Business Process Modelling
2 1 (33.33%) Collaborative Culture
2 1 (33.33%) Computer Science
2 1 (33.33%) Data Visualisation
2 1 (33.33%) Mathematics
2 1 (33.33%) Monte Carlo Method
2 1 (33.33%) Physics
2 1 (33.33%) PnL Attribution
2 1 (33.33%) Pricing Analytics
2 1 (33.33%) Problem-Solving
2 1 (33.33%) Risk Management
2 1 (33.33%) Scrum
2 1 (33.33%) Stochastic Calculus
2 1 (33.33%) Translating Business Requirements
2 1 (33.33%) Visualisation
2 1 (33.33%) Workshop Facilitation
Programming Languages
1 2 (66.67%) SQL
2 1 (33.33%) C++
2 1 (33.33%) Python
Qualifications
1 1 (33.33%) Degree
1 1 (33.33%) Master's Degree
1 1 (33.33%) Numerate Degree
1 1 (33.33%) PhD
Quality Assurance & Compliance
1 1 (33.33%) Data Quality
1 1 (33.33%) QA
Vendors
1 1 (33.33%) Google