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 3 months to 25 June 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
3 months to
25 Jun 2017
Same period 2016 Same period 2015
Rank 536 606 571
Rank change year-on-year +70 -35  
Contract jobs citing Interest Rate Derivative 44 21 38
As % of all contract IT jobs advertised in England 0.10% 0.043% 0.075%
As % of the Miscellaneous category 0.31% 0.13% 0.23%
Number of daily rates quoted 23 20 35
Median daily rate £625 £550 £625
Median daily rate % change year-on-year +13.63% -12.00%  
90% offered a daily rate of more than £550 £548 £450
10% offered a daily rate of more than £675 £658 £650
UK excluding London median daily rate £675 - £500
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Interest Rate Derivative is in the generic IT skills category. The next 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.

Generic IT Skills
England
Contract job vacancies with a requirement for generic IT skills 14253 16209 16371
As % of all contract IT job vacancies advertised in England 33.54% 33.27% 32.10%
Number of daily rates quoted 9344 10788 10479
Median daily rate £463 £440 £425
Median daily rate % change year-on-year +5.11% +3.52%  
90% offered a daily rate of more than £280 £273 £253
10% offered a daily rate of more than £650 £615 £613
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00%  
Number of hourly rates quoted 440 523 587
Median hourly rate £22.00 £21.50 £18.90
Median hourly rate % change year-on-year +2.32% +13.75%  
90% offered a hourly rate of more than £12.00 £12.49 £12.25
10% offered a hourly rate of more than £50.00 £47.13 £45.00
UK excluding London median hourly rate £25.00 £23.00 £18.90
% change year-on-year +8.69% +21.69%  

Interest Rate Derivative
Job Vacancy Trend in England

The job posting trend of jobs advertised in England citing Interest Rate Derivative as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

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 3 months to 25 June 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 3 months to 25 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +28 43 £625 +13.63% 3
Interest Rate Derivative
UK

For the 6 months to 25 June 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 65 (95.59%) Derivative
2 54 (79.41%) Fixed Income
3 42 (61.76%) Front Office
3 42 (61.76%) Foreign Exchange (FX)
4 27 (39.71%) SQL
5 24 (35.29%) C#
6 23 (33.82%) Analytical Skills
7 21 (30.88%) Microsoft Excel
8 20 (29.41%) Murex
8 20 (29.41%) C++
8 20 (29.41%) Sybase
8 20 (29.41%) Finance
8 20 (29.41%) Agile Software Development
9 19 (27.94%) Swaptions
9 19 (27.94%) Microsoft
9 19 (27.94%) Unix
10 18 (26.47%) .NET
11 17 (25.00%) Windows
12 16 (23.53%) Python
12 16 (23.53%) Analytics
13 15 (22.06%) Risk Analytics
13 15 (22.06%) Murex MxML
13 15 (22.06%) Boost C++ Libraries
13 15 (22.06%) XML
13 15 (22.06%) Perl
13 15 (22.06%) STL
13 15 (22.06%) CMS
13 15 (22.06%) Data Mart
13 15 (22.06%) Banking
14 14 (20.59%) Spreadsheet

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 15 (22.06%) CMS
2 2 (2.94%) Confluence
3 1 (1.47%) Apache Spark
3 1 (1.47%) DataSynapse
Applications
1 21 (30.88%) Microsoft Excel
2 14 (20.59%) Spreadsheet
3 2 (2.94%) MS Visio
4 1 (1.47%) Microsoft Office
4 1 (1.47%) Microsoft Project
Business Applications
1 1 (1.47%) RMDS
1 1 (1.47%) Summit
Communications & Networking
1 2 (2.94%) DSL
Database & Business Intelligence
1 15 (22.06%) Data Mart
2 6 (8.82%) SQL Server
3 1 (1.47%) Hadoop
3 1 (1.47%) Impala
3 1 (1.47%) OLAP
3 1 (1.47%) Oracle OLAP
3 1 (1.47%) SQL Server 2008
Development Applications
1 3 (4.41%) Jenkins
1 3 (4.41%) JUnit
1 3 (4.41%) Mockito
2 2 (2.94%) JIRA
3 1 (1.47%) Maven
3 1 (1.47%) Subversion
3 1 (1.47%) TeamCity
General
1 42 (61.76%) Front Office
2 20 (29.41%) Finance
3 15 (22.06%) Banking
4 10 (14.71%) Investment Banking
5 5 (7.35%) Back Office
6 3 (4.41%) Legal
7 1 (1.47%) Financial Institution
7 1 (1.47%) Games
7 1 (1.47%) Retail
7 1 (1.47%) Telecoms
Job Titles
1 36 (52.94%) Developer
2 30 (44.12%) Analyst
3 18 (26.47%) Support Analyst
4 17 (25.00%) C++ Developer
5 16 (23.53%) FX Support Analyst
5 16 (23.53%) Murex Analyst
6 15 (22.06%) Murex Support
6 15 (22.06%) Murex Support Analyst
7 14 (20.59%) C# Developer
8 13 (19.12%) C++ Pricing Developer
9 11 (16.18%) Business Analyst
9 11 (16.18%) C++ Quantitative Developer
9 11 (16.18%) Java Developer
9 11 (16.18%) Quantitative Developer
10 10 (14.71%) .NET Developer
10 10 (14.71%) C# .NET Developer
10 10 (14.71%) C++/C# Developer
11 9 (13.24%) C# Pricing Developer
11 9 (13.24%) C# Quant Developer
11 9 (13.24%) Python Developer
Libraries, Frameworks & Software Standards
1 18 (26.47%) .NET
2 15 (22.06%) Boost C++ Libraries
2 15 (22.06%) Murex MxML
2 15 (22.06%) STL
2 15 (22.06%) XML
3 6 (8.82%) Middleware
4 3 (4.41%) SOAP
4 3 (4.41%) Web Services
4 3 (4.41%) WSDL
5 2 (2.94%) WinForms
5 2 (2.94%) WPF
6 1 (1.47%) Akka
6 1 (1.47%) FpML
6 1 (1.47%) Hibernate
6 1 (1.47%) HTML
6 1 (1.47%) HTML5
6 1 (1.47%) Kafka
6 1 (1.47%) Spring
6 1 (1.47%) WCF
Miscellaneous
1 65 (95.59%) Derivative
2 54 (79.41%) Fixed Income
3 42 (61.76%) Foreign Exchange (FX)
4 23 (33.82%) Analytical Skills
5 19 (27.94%) Swaptions
6 10 (14.71%) Data Structures
7 7 (10.29%) Equities
7 7 (10.29%) Grid Computing
8 6 (8.82%) Credit Derivative
9 3 (4.41%) Equity Derivative
10 2 (2.94%) Computer Science
10 2 (2.94%) Market Risk
10 2 (2.94%) OTC Derivatives
11 1 (1.47%) Algorithms
11 1 (1.47%) Fintech
11 1 (1.47%) Hedge funds
11 1 (1.47%) Reference Data
Operating Systems
1 19 (27.94%) Unix
2 17 (25.00%) Windows
3 6 (8.82%) Windows 7
4 4 (5.88%) Linux
5 1 (1.47%) Solaris
Processes & Methodologies
1 20 (29.41%) Agile Software Development
2 16 (23.53%) Analytics
3 15 (22.06%) Risk Analytics
4 13 (19.12%) Quantitative Research
5 4 (5.88%) Multithreaded Programming
5 4 (5.88%) Multithreading
5 4 (5.88%) User Acceptance Testing
6 3 (4.41%) Business Analysis
6 3 (4.41%) Collateral Management
6 3 (4.41%) Continuous Integration
6 3 (4.41%) Mathematics
6 3 (4.41%) Performance Analysis
6 3 (4.41%) PnL Attribution
6 3 (4.41%) RAD
6 3 (4.41%) Regression Testing
6 3 (4.41%) Workflow
7 2 (2.94%) Risk Management
7 2 (2.94%) Scrum
7 2 (2.94%) Waterfall
8 1 (1.47%) Change Management
Programming Languages
1 27 (39.71%) SQL
2 24 (35.29%) C#
3 20 (29.41%) C++
4 16 (23.53%) Python
5 15 (22.06%) Perl
6 13 (19.12%) Java
7 10 (14.71%) Scala
8 6 (8.82%) VBA
9 1 (1.47%) APL
9 1 (1.47%) VB
9 1 (1.47%) VB6
Qualifications
1 2 (2.94%) Degree
2 1 (1.47%) A+ Certification
2 1 (1.47%) Computer Science Degree
2 1 (1.47%) ISEB
2 1 (1.47%) ITIL Certification
2 1 (1.47%) Numerate Degree
Quality Assurance & Compliance
1 7 (10.29%) MiFID
2 4 (5.88%) EMIR
3 3 (4.41%) Dodd-Frank
4 1 (1.47%) QA
Systems Management
1 2 (2.94%) HP Quality Center
Vendors
1 20 (29.41%) Murex
1 20 (29.41%) Sybase
2 19 (27.94%) Microsoft
3 3 (4.41%) Oracle
4 2 (2.94%) Calypso
5 1 (1.47%) HP
5 1 (1.47%) TIBCO