Period
to 22 November 2017

The table below looks at the prevalence of the term Interest Rate Derivative in contract job vacancies advertised in England. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Interest Rate Derivative over the 6 months to 22 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
UK > England
6 months to
22 Nov 2017
Same period 2016 Same period 2015
Rank 780 837 752
Rank change year-on-year +57 -85 +9
Contract jobs citing Interest Rate Derivative 71 29 116
As % of all contract IT jobs advertised in England 0.075% 0.030% 0.11%
As % of the Miscellaneous category 0.22% 0.089% 0.34%
Number of daily rates quoted 46 24 99
England median daily rate £625 £600 £625
Median daily rate % change year-on-year +4.17% -4.00% +4.17%
10th Percentile £518 £525 £435
90th Percentile £703 £711 £810
UK median daily rate £625 £600 £625
% change year-on-year +4.17% -4.00% +4.17%
Number of hourly rates quoted 0 0 0
England median hourly rate - - -
UK 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 England with a requirement for generic IT skills.

All Generic IT Skills
England
Contract vacancies with a requirement for generic IT skills 32167 32555 33839
As % of all contract IT jobs advertised in England 33.90% 33.24% 32.85%
Number of daily rates quoted 21581 21478 21895
England median daily rate £450 £425 £425
Median daily rate % change year-on-year +5.88% - +6.25%
10th Percentile £269 £255 £250
90th Percentile £650 £625 £625
UK median daily rate £450 £425 £420
% change year-on-year +5.88% +1.19% +5.00%
Number of hourly rates quoted 929 1118 1336
England median hourly rate £20.60 £20.92 £19.08
Median hourly rate % change year-on-year -1.51% +9.62% +6.00%
10th Percentile £11.24 £11.72 £11.25
90th Percentile £48.75 £47.50 £46.63
UK median hourly rate £21.00 £20.83 £19.50
% change year-on-year +0.82% +6.82% +8.33%

Interest Rate Derivative
Job Vacancy Trend in England

Job postings citing Interest Rate Derivative as a percentage of all IT jobs advertised in England.

Job vacancy trend for Interest Rate Derivative in England

Interest Rate Derivative
Contractor Daily Rate Trend in England

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

Contractor daily rate trend for Interest Rate Derivative in England

Interest Rate Derivative
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing Interest Rate Derivative in England over the 6 months to 22 November 2017.

Contractor daily rate histogram for Interest Rate Derivative in England

Interest Rate Derivative
Contractor Hourly Rate Trend in England

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

Contractor hourly rate trend for Interest Rate Derivative in England

Interest Rate Derivative
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Interest Rate Derivative within the England region over the 6 months to 22 November 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +11 71 £625 +4.17% 2
Interest Rate Derivative
UK

For the 6 months to 22 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 England region with a requirement for Interest Rate Derivative.

1 68 (95.77%) Derivative
2 57 (80.28%) Fixed Income
3 42 (59.15%) Front Office
4 31 (43.66%) C#
5 29 (40.85%) Agile Software Development
5 29 (40.85%) Analytics
6 28 (39.44%) Microsoft Excel
6 28 (39.44%) Foreign Exchange (FX)
7 26 (36.62%) C++
7 26 (36.62%) Analytical Skills
8 24 (33.80%) Windows
8 24 (33.80%) Python
9 22 (30.99%) Finance
10 21 (29.58%) Risk Analytics
10 21 (29.58%) Spreadsheet
11 20 (28.17%) Quantitative Research
12 19 (26.76%) Swaptions
13 18 (25.35%) Microsoft
14 16 (22.54%) .NET
15 14 (19.72%) Credit Derivative
16 13 (18.31%) Banking
16 13 (18.31%) Java
16 13 (18.31%) SQL
17 12 (16.90%) STL
17 12 (16.90%) XML
17 12 (16.90%) Linux
17 12 (16.90%) CMS
17 12 (16.90%) Equities
17 12 (16.90%) Business Analysis
17 12 (16.90%) Windows 7

Interest Rate Derivative
Co-occurring IT Skills in England 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 12 (16.90%) CMS
2 5 (7.04%) Apache Spark
3 4 (5.63%) Confluence
4 3 (4.23%) DataSynapse
4 3 (4.23%) Oracle Coherence
5 1 (1.41%) JBoss
Applications
1 28 (39.44%) Microsoft Excel
2 21 (29.58%) Spreadsheet
3 5 (7.04%) MS Visio
4 1 (1.41%) Microsoft Office
4 1 (1.41%) Microsoft Project
Business Applications
1 1 (1.41%) RMDS
Database & Business Intelligence
1 5 (7.04%) Apache Cassandra
1 5 (7.04%) Hadoop
1 5 (7.04%) HBase
1 5 (7.04%) MongoDB
1 5 (7.04%) NoSQL
2 3 (4.23%) Big Data
2 3 (4.23%) Spark SQL
3 2 (2.82%) SQL Server
Development Applications
1 5 (7.04%) Git (software)
1 5 (7.04%) Maven
1 5 (7.04%) SonarQube
1 5 (7.04%) TeamCity
2 3 (4.23%) Cucumber
3 1 (1.41%) JIRA
3 1 (1.41%) Visual Studio
General
1 42 (59.15%) Front Office
2 22 (30.99%) Finance
3 13 (18.31%) Banking
4 6 (8.45%) Back Office
4 6 (8.45%) Investment Banking
5 1 (1.41%) Financial Institution
5 1 (1.41%) French Language
5 1 (1.41%) Marketing
Job Titles
1 39 (54.93%) Developer
2 23 (32.39%) Analyst
3 22 (30.99%) C++ Developer
4 21 (29.58%) Business Analyst
5 20 (28.17%) Analytics Developer
5 20 (28.17%) C++ Pricing Developer
5 20 (28.17%) Pricing Developer
6 17 (23.94%) Front Office Developer
7 11 (15.49%) Front Office C++ Developer
8 10 (14.08%) C++ Quantitative Developer
8 10 (14.08%) Quantitative Developer
9 9 (12.68%) Java Developer
10 8 (11.27%) FX Business Analyst
10 8 (11.27%) Java Scala Developer
10 8 (11.27%) Scala Developer
11 7 (9.86%) Support Analyst
12 5 (7.04%) Credit Analyst
12 5 (7.04%) Credit Derivatives Business Analyst
12 5 (7.04%) Derivatives Business Analyst
12 5 (7.04%) Murex Business Analyst
Libraries, Frameworks & Software Standards
1 16 (22.54%) .NET
2 12 (16.90%) Boost C++ Libraries
2 12 (16.90%) STL
2 12 (16.90%) XML
3 7 (9.86%) Middleware
4 5 (7.04%) Akka
4 5 (7.04%) Kafka
5 4 (5.63%) WPF
6 3 (4.23%) Apache Avro
6 3 (4.23%) Gherkin
6 3 (4.23%) OpenCL
6 3 (4.23%) RESTful
6 3 (4.23%) WCF
7 2 (2.82%) .NET Framework
7 2 (2.82%) WinForms
Miscellaneous
1 68 (95.77%) Derivative
2 57 (80.28%) Fixed Income
3 28 (39.44%) Foreign Exchange (FX)
4 26 (36.62%) Analytical Skills
5 19 (26.76%) Swaptions
6 14 (19.72%) Credit Derivative
7 12 (16.90%) Equities
8 10 (14.08%) Grid Computing
9 8 (11.27%) Equity Derivative
9 8 (11.27%) Market Risk
10 6 (8.45%) Data Structures
11 3 (4.23%) Credit Risk
12 2 (2.82%) Computer Science
12 2 (2.82%) Reference Data
13 1 (1.41%) Fintech
13 1 (1.41%) Hedge funds
13 1 (1.41%) PMI
Operating Systems
1 24 (33.80%) Windows
2 12 (16.90%) Linux
2 12 (16.90%) Windows 7
3 7 (9.86%) Unix
4 3 (4.23%) Solaris
Processes & Methodologies
1 29 (40.85%) Agile Software Development
1 29 (40.85%) Analytics
2 21 (29.58%) Risk Analytics
3 20 (28.17%) Quantitative Research
4 12 (16.90%) Business Analysis
5 10 (14.08%) Electronic Trading
6 8 (11.27%) Risk Management
7 7 (9.86%) Multithreading
7 7 (9.86%) Waterfall
8 6 (8.45%) Market Surveillance
8 6 (8.45%) Multithreaded Programming
9 5 (7.04%) MapReduce
9 5 (7.04%) Project Management
10 4 (5.63%) BPMN
10 4 (5.63%) Performance Analysis
10 4 (5.63%) Scrum
10 4 (5.63%) Stakeholder Management
11 3 (4.23%) Data Modelling
11 3 (4.23%) ITIL
11 3 (4.23%) Technical Analysis
Programming Languages
1 31 (43.66%) C#
2 26 (36.62%) C++
3 24 (33.80%) Python
4 13 (18.31%) Java
4 13 (18.31%) SQL
5 11 (15.49%) Scala
6 6 (8.45%) VBA
7 5 (7.04%) Bash Shell
Qualifications
1 3 (4.23%) Degree
1 3 (4.23%) ITIL Certification
2 1 (1.41%) Computer Science Degree
2 1 (1.41%) ISEB
2 1 (1.41%) Numerate Degree
2 1 (1.41%) PMI Certification
2 1 (1.41%) PMP
Quality Assurance & Compliance
1 9 (12.68%) MiFID
2 6 (8.45%) EMIR
3 3 (4.23%) QA
4 1 (1.41%) Data Quality
System Software
1 5 (7.04%) Apache ZooKeeper
1 5 (7.04%) HDFS
Systems Management
1 5 (7.04%) Mesos
Vendors
1 18 (25.35%) Microsoft
2 5 (7.04%) Murex
3 4 (5.63%) Oracle
4 1 (1.41%) Calypso
4 1 (1.41%) DevExpress
4 1 (1.41%) Wallstreet Suite