Inside the double affine Hecke algebra of type , which depends on two parameters and , we define a subalgebra that may be thought of as a -analogue of the degree zero part of the corresponding rational Cherednik algebra. We prove that the algebra is a flat -deformation of the crossed product of the group algebra of the symmetric group with the image of the Drinfeld-Jimbo quantum group under the -oscillator (Jordan-Schwinger) representation. We find all the defining relations and an explicit PBW basis for the algebra . We describe its centre and establish a double centraliser property. As an application, we also obtain new integrable generalisations of Hamiltonians introduced by van Diejen.

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