The table below looks at the prevalence of the term Derivative in IT contracts advertised for the Canary Wharf region. Included is a guide to the contractor rates offered in IT contracts that have cited Derivative over the 3 months to 22 February 2017 with a comparison to the same period over the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

3 months to
22 Feb 2017
Same period 2016 Same period 2015
Derivatives
London / Canary Wharf
Rank 15 22 22
Rank change year-on-year
+7 0
Contract jobs citing Derivative 10 3 1
As % of all contract IT jobs located in Canary Wharf 8.00% 2.46% 1.03%
As % of the Miscellaneous category 16.39% 6.67% 1.82%
Number of daily rates quoted 9 3 1
Median daily rate £600 £465 £600
Median daily rate % change year-on-year
+29.03% -22.50%
UK excluding London median daily rate £500 £325 £475
% change year-on-year
+53.84% -31.57%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the Canary Wharf region.

Miscellaneous Category
Canary Wharf
Contract IT job ads with a match in the
Miscellaneous category
61 45 55
As % of all contract IT jobs located in Canary Wharf 48.80% 36.89% 56.70%
Number of daily rates quoted 37 40 40
Median daily rate £575 £475 £475
Median daily rate % change year-on-year
+21.05% -
90% offered a daily rate of more than £425 £341 £405
10% offered a daily rate of more than £650 £682 £695
UK excluding London median daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £17.25 £22.52 £18.00
% change year-on-year
-23.40% +25.11%

Derivative
Jobs Demand Trend in Canary Wharf

The demand trend of contract jobs across the Canary Wharf region citing Derivative as a proportion of all IT contracts with a match in the Miscellaneous category.

Derivative Jobs Demand Trend in Canary Wharf

Derivative
Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Derivative across the Canary Wharf region.

Derivative Daily Rate Trend in Canary Wharf

Derivative
Daily Rate Histogram in Canary Wharf

This chart provides a histogram of daily rates quoted in contract IT jobs citing Derivative across the Canary Wharf region over the 3 months to 22 February 2017.

Derivative Daily Rate Histogram in Canary Wharf

Derivative
Hourly Rate Trend in Canary Wharf

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Derivative across the Canary Wharf region.

Derivative Hourly Rate Trend in Canary Wharf

Derivative
Top 30 Related IT Skills in Canary Wharf

For the 6 months to 22 February 2017, IT contractor jobs citing 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 Canary Wharf region with a requirement for Derivative.

1 12 (63.16%) Java
2 10 (52.63%) Banking
3 9 (47.37%) Fixed Income
4 8 (42.11%) Investment Banking
5 7 (36.84%) Front Office
6 6 (31.58%) Finance
6 6 (31.58%) Multithreading
6 6 (31.58%) Scala
7 5 (26.32%) Risk Management
8 4 (21.05%) Grid Computing
8 4 (21.05%) Unix
8 4 (21.05%) Foreign Exchange (FX)
9 3 (15.79%) Agile Software Development
9 3 (15.79%) SDLC
9 3 (15.79%) Akka
9 3 (15.79%) Analytical Skills
9 3 (15.79%) Data Structures
9 3 (15.79%) Multithreaded Programming
9 3 (15.79%) Middleware
9 3 (15.79%) Sybase
9 3 (15.79%) DB2
9 3 (15.79%) SQL
9 3 (15.79%) Linux
9 3 (15.79%) Equities
9 3 (15.79%) Interest Rate Derivative
9 3 (15.79%) MiFID
9 3 (15.79%) Business Analysis
10 2 (10.53%) Market Risk
10 2 (10.53%) Software Engineering
10 2 (10.53%) Oracle

Derivative
Top Related IT Skills in Canary Wharf 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 1 (5.26%) DataSynapse
1 1 (5.26%) Oracle Coherence
1 1 (5.26%) WebSphere
1 1 (5.26%) WebSphere Application Server
Database & Business Intelligence
1 3 (15.79%) DB2
2 2 (10.53%) KDB
3 1 (5.26%) Apache Cassandra
3 1 (5.26%) Hazelcast
3 1 (5.26%) Infinispan
3 1 (5.26%) Relational Database
3 1 (5.26%) SQL Server
Development Applications
1 1 (5.26%) Ant
1 1 (5.26%) Git (software)
1 1 (5.26%) Gradle
1 1 (5.26%) Hudson
1 1 (5.26%) Jenkins
1 1 (5.26%) Maven
General
1 10 (52.63%) Banking
2 8 (42.11%) Investment Banking
3 7 (36.84%) Front Office
4 6 (31.58%) Finance
5 2 (10.53%) Prime Brokerage
6 1 (5.26%) German Language
6 1 (5.26%) Legal
Job Titles
1 15 (78.95%) Developer
2 11 (57.89%) Java Developer
3 5 (26.32%) Analyst
3 5 (26.32%) Java Scala Developer
3 5 (26.32%) Scala Developer
4 4 (21.05%) Business Analyst
4 4 (21.05%) Front Office Developer
4 4 (21.05%) Investment Banking Java Developer
5 3 (15.79%) Core Java Developer
6 2 (10.53%) KDB Developer
6 2 (10.53%) Unix Developer
7 1 (5.26%) C# Developer
7 1 (5.26%) C++ Developer
7 1 (5.26%) Front Office Business Analyst
7 1 (5.26%) Linux Developer
7 1 (5.26%) Senior Business Analyst
7 1 (5.26%) Senior Developer
7 1 (5.26%) Senior Investment Banking Java Developer
7 1 (5.26%) Senior Java Scala Developer
7 1 (5.26%) Senior Scala Developer
Libraries, Frameworks & Software Standards
1 3 (15.79%) Akka
1 3 (15.79%) Middleware
2 2 (10.53%) Kafka
2 2 (10.53%) XML
3 1 (5.26%) Boost C++ Libraries
3 1 (5.26%) FIX Protocol
3 1 (5.26%) Java EE
3 1 (5.26%) JSON
3 1 (5.26%) Protocol Buffers
3 1 (5.26%) SOAP
3 1 (5.26%) Spring
3 1 (5.26%) Web Services
3 1 (5.26%) XSD
3 1 (5.26%) XSLT
Miscellaneous
1 9 (47.37%) Fixed Income
2 4 (21.05%) Foreign Exchange (FX)
2 4 (21.05%) Grid Computing
3 3 (15.79%) Analytical Skills
3 3 (15.79%) Data Structures
3 3 (15.79%) Equities
3 3 (15.79%) Interest Rate Derivative
4 2 (10.53%) Market Risk
4 2 (10.53%) OTC Derivatives
5 1 (5.26%) Algorithms
5 1 (5.26%) Computer Science
5 1 (5.26%) Credit Derivative
5 1 (5.26%) Equity Derivative
5 1 (5.26%) Management Information System
5 1 (5.26%) Reference Data
5 1 (5.26%) Taxonomies
Operating Systems
1 4 (21.05%) Unix
2 3 (15.79%) Linux
3 1 (5.26%) Windows
Processes & Methodologies
1 6 (31.58%) Multithreading
2 5 (26.32%) Risk Management
3 3 (15.79%) Agile Software Development
3 3 (15.79%) Business Analysis
3 3 (15.79%) Multithreaded Programming
3 3 (15.79%) SDLC
4 2 (10.53%) Data Ingestion
4 2 (10.53%) Electronic Trading
4 2 (10.53%) Portfolio Management
4 2 (10.53%) Project Management
4 2 (10.53%) Software Engineering
5 1 (5.26%) Data Management
5 1 (5.26%) Data Modelling
5 1 (5.26%) Enterprise Architecture
5 1 (5.26%) OO
5 1 (5.26%) OOA/OOD
5 1 (5.26%) Regression Testing
5 1 (5.26%) Requirements Analysis
5 1 (5.26%) Scrum
5 1 (5.26%) Stakeholder Management
Programming Languages
1 12 (63.16%) Java
2 6 (31.58%) Scala
3 3 (15.79%) SQL
4 2 (10.53%) C#
4 2 (10.53%) Shell Script
5 1 (5.26%) C
5 1 (5.26%) C++
5 1 (5.26%) Perl
5 1 (5.26%) Python
Qualifications
1 1 (5.26%) Degree
Quality Assurance & Compliance
1 3 (15.79%) MiFID
2 1 (5.26%) Dodd-Frank
2 1 (5.26%) EMIR
System Software
1 1 (5.26%) Platform Symphony
Vendors
1 3 (15.79%) Sybase
2 2 (10.53%) Oracle
3 1 (5.26%) GoldenSource
3 1 (5.26%) IBM
3 1 (5.26%) Informatica
3 1 (5.26%) Perforce