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 19 January 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
19 Jan 2017
Same period 2016 Same period 2015
Derivatives
London / Canary Wharf
Rank 12 25 20
Rank change year-on-year
+13 -5
Contract jobs citing Derivative 14 1 2
As % of all contract IT jobs located in Canary Wharf 11.11% 0.72% 1.74%
As % of the Miscellaneous category 21.21% 1.75% 2.99%
Number of daily rates quoted 13 1 2
Median daily rate £600 £460 £550
Median daily rate % change year-on-year
+30.43% -16.36%
90% offered a daily rate of more than £430 £460 £510
10% offered a daily rate of more than £650 £460 £590
UK excluding London median daily rate £500 £313 £421
% change year-on-year
+60.00% -25.81%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £28.69

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
66 57 67
As % of all contract IT jobs located in Canary Wharf 52.38% 41.30% 58.26%
Number of daily rates quoted 51 47 50
Median daily rate £588 £450 £450
Median daily rate % change year-on-year
+30.55% -
90% offered a daily rate of more than £425 £275 £220
10% offered a daily rate of more than £650 £647 £650
UK excluding London median daily rate £390 £375 £365
% change year-on-year
+4.00% +2.73%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £18.50 £21.50 £17.50
% change year-on-year
-13.95% +22.85%

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 19 January 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 19 January 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 13 (68.42%) Java
2 10 (52.63%) Banking
3 9 (47.37%) Fixed Income
4 8 (42.11%) Investment Banking
5 7 (36.84%) Finance
5 7 (36.84%) Front Office
6 6 (31.58%) Risk Management
6 6 (31.58%) Multithreading
6 6 (31.58%) Scala
7 5 (26.32%) Foreign Exchange (FX)
8 4 (21.05%) Unix
8 4 (21.05%) Sybase
8 4 (21.05%) Grid Computing
8 4 (21.05%) Analytical Skills
8 4 (21.05%) Agile Software Development
9 3 (15.79%) Market Risk
9 3 (15.79%) Data Structures
9 3 (15.79%) Akka
9 3 (15.79%) Multithreaded Programming
9 3 (15.79%) Equities
9 3 (15.79%) Software Engineering
9 3 (15.79%) Interest Rate Derivative
9 3 (15.79%) MiFID
9 3 (15.79%) DB2
9 3 (15.79%) SQL
9 3 (15.79%) Oracle
9 3 (15.79%) XML
9 3 (15.79%) Linux
9 3 (15.79%) Middleware
9 3 (15.79%) Project Management

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 2 (10.53%) WebSphere
1 2 (10.53%) WebSphere Application Server
2 1 (5.26%) Oracle Coherence
Database & Business Intelligence
1 3 (15.79%) DB2
2 2 (10.53%) KDB
2 2 (10.53%) SQL Server
3 1 (5.26%) Apache Cassandra
3 1 (5.26%) Hazelcast
3 1 (5.26%) Infinispan
3 1 (5.26%) Relational Database
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%) Finance
3 7 (36.84%) Front Office
4 2 (10.53%) Prime Brokerage
5 1 (5.26%) German Language
5 1 (5.26%) Legal
Job Titles
1 15 (78.95%) Developer
2 12 (63.16%) Java Developer
3 5 (26.32%) Java Scala Developer
3 5 (26.32%) Scala Developer
4 4 (21.05%) Analyst
4 4 (21.05%) Business Analyst
4 4 (21.05%) Investment Banking Java Developer
5 3 (15.79%) Core Java Developer
5 3 (15.79%) Front Office Developer
6 2 (10.53%) KDB Developer
6 2 (10.53%) Unix 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 Analyst
7 1 (5.26%) Senior Business Analyst
7 1 (5.26%) Senior Developer
7 1 (5.26%) Senior Java Developer
7 1 (5.26%) Senior Scala Developer
7 1 (5.26%) SQL Developer
Libraries, Frameworks & Software Standards
1 3 (15.79%) Akka
1 3 (15.79%) Middleware
1 3 (15.79%) XML
2 2 (10.53%) Java EE
2 2 (10.53%) Kafka
2 2 (10.53%) Web Services
2 2 (10.53%) XSD
2 2 (10.53%) XSLT
3 1 (5.26%) Boost C++ Libraries
3 1 (5.26%) FIX Protocol
3 1 (5.26%) JSON
3 1 (5.26%) Protocol Buffers
3 1 (5.26%) SOAP
3 1 (5.26%) Spring
Miscellaneous
1 9 (47.37%) Fixed Income
2 5 (26.32%) Foreign Exchange (FX)
3 4 (21.05%) Analytical Skills
3 4 (21.05%) Grid Computing
4 3 (15.79%) Data Structures
4 3 (15.79%) Equities
4 3 (15.79%) Interest Rate Derivative
4 3 (15.79%) Market Risk
5 2 (10.53%) Computer Science
5 2 (10.53%) OTC Derivatives
5 2 (10.53%) Taxonomies
6 1 (5.26%) Algorithms
6 1 (5.26%) Credit Derivative
6 1 (5.26%) Equity Derivative
6 1 (5.26%) Management Information System
6 1 (5.26%) Reference Data
Operating Systems
1 4 (21.05%) Unix
2 3 (15.79%) Linux
3 1 (5.26%) Windows
Processes & Methodologies
1 6 (31.58%) Multithreading
1 6 (31.58%) Risk Management
2 4 (21.05%) Agile Software Development
3 3 (15.79%) Multithreaded Programming
3 3 (15.79%) Project Management
3 3 (15.79%) Software Engineering
4 2 (10.53%) BDD
4 2 (10.53%) Business Analysis
4 2 (10.53%) Data Ingestion
4 2 (10.53%) Electronic Trading
4 2 (10.53%) Portfolio Management
4 2 (10.53%) SDLC
4 2 (10.53%) User Stories
5 1 (5.26%) Analytics
5 1 (5.26%) Continuous Delivery
5 1 (5.26%) Enterprise Architecture
5 1 (5.26%) Greeks
5 1 (5.26%) Logical Data Model
5 1 (5.26%) Low Latency
5 1 (5.26%) Performance Tuning
Programming Languages
1 13 (68.42%) 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 2 (10.53%) 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 4 (21.05%) Sybase
2 3 (15.79%) Oracle
3 2 (10.53%) GoldenSource
3 2 (10.53%) IBM
4 1 (5.26%) DataSynapse
4 1 (5.26%) Informatica
4 1 (5.26%) Perforce