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 5 December 2016 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
5 Dec 2016
Same period 2015 Same period 2014
Derivatives
Rank 19 25 22
Rank change year-on-year
+6 -3
Contract jobs citing Derivative 9 4 2
As % of all contract IT jobs located in Canary Wharf 5.63% 2.31% 1.69%
As % of the Miscellaneous category 10.98% 5.56% 2.90%
Number of daily rates quoted 8 4 2
Median daily rate £575 £600 £550
Median daily rate % change year-on-year
-4.16% +9.09%
90% offered a daily rate of more than £425 £502 £510
10% offered a daily rate of more than £615 £600 £590
UK excluding London median daily rate £420 £463 £350
% change year-on-year
-9.18% +32.14%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £12.50 - £28.69
Derivative
London

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
82 72 69
As % of all contract IT jobs located in Canary Wharf 51.25% 41.62% 58.47%
Number of daily rates quoted 54 56 48
Median daily rate £513 £460 £400
Median daily rate % change year-on-year
+11.41% +15.00%
90% offered a daily rate of more than £160 £274 £220
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £380 £385 £363
% change year-on-year
-1.29% +6.20%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £27.50
UK excluding London median hourly rate £18.75 £20.00 £16.75
% change year-on-year
-6.25% +19.40%

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 5 December 2016.

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 5 December 2016, 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 9 (75.00%) Banking
2 8 (66.67%) Java
3 6 (50.00%) Finance
3 6 (50.00%) Investment Banking
4 5 (41.67%) Front Office
4 5 (41.67%) Risk Management
5 4 (33.33%) Fixed Income
5 4 (33.33%) Foreign Exchange (FX)
5 4 (33.33%) Multithreading
6 3 (25.00%) Scala
6 3 (25.00%) Analytical Skills
6 3 (25.00%) Software Engineering
6 3 (25.00%) Agile Software Development
6 3 (25.00%) Market Risk
6 3 (25.00%) Sybase
6 3 (25.00%) Linux
7 2 (16.67%) IBM
7 2 (16.67%) WebSphere Application Server
7 2 (16.67%) Web Services
7 2 (16.67%) XML
7 2 (16.67%) XSD
7 2 (16.67%) XSLT
7 2 (16.67%) Unix
7 2 (16.67%) Oracle
7 2 (16.67%) SQL Server
7 2 (16.67%) C
7 2 (16.67%) Project Management
7 2 (16.67%) Grid Computing
7 2 (16.67%) Equities
7 2 (16.67%) GoldenSource

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 (16.67%) WebSphere
1 2 (16.67%) WebSphere Application Server
2 1 (8.33%) Oracle Coherence
Database & Business Intelligence
1 2 (16.67%) SQL Server
2 1 (8.33%) Apache Cassandra
2 1 (8.33%) DB2
2 1 (8.33%) Hazelcast
2 1 (8.33%) Infinispan
General
1 9 (75.00%) Banking
2 6 (50.00%) Finance
2 6 (50.00%) Investment Banking
3 5 (41.67%) Front Office
4 2 (16.67%) Prime Brokerage
5 1 (8.33%) Back Office
Job Titles
1 9 (75.00%) Developer
2 8 (66.67%) Java Developer
3 3 (25.00%) Analyst
3 3 (25.00%) Business Analyst
4 2 (16.67%) Core Java Developer
4 2 (16.67%) Front Office Developer
4 2 (16.67%) Investment Banking Java Developer
4 2 (16.67%) Java Scala Developer
4 2 (16.67%) Scala Developer
5 1 (8.33%) C++ Developer
5 1 (8.33%) Calypso Business Analyst
5 1 (8.33%) Linux Developer
5 1 (8.33%) Senior Developer
5 1 (8.33%) Senior Investment Banking Java Developer
5 1 (8.33%) Senior Java Developer
5 1 (8.33%) Senior Java Scala Developer
5 1 (8.33%) Senior Scala Developer
5 1 (8.33%) Unix Developer
Libraries, Frameworks & Software Standards
1 2 (16.67%) Java EE
1 2 (16.67%) Web Services
1 2 (16.67%) XML
1 2 (16.67%) XSD
1 2 (16.67%) XSLT
2 1 (8.33%) Akka
2 1 (8.33%) Boost C++ Libraries
2 1 (8.33%) FIX Protocol
2 1 (8.33%) Middleware
Miscellaneous
1 4 (33.33%) Fixed Income
1 4 (33.33%) Foreign Exchange (FX)
2 3 (25.00%) Analytical Skills
2 3 (25.00%) Market Risk
3 2 (16.67%) Computer Science
3 2 (16.67%) Equities
3 2 (16.67%) Grid Computing
3 2 (16.67%) Taxonomies
4 1 (8.33%) Data Structures
4 1 (8.33%) Equity Derivative
4 1 (8.33%) Interest Rate Derivative
4 1 (8.33%) Management Information System
4 1 (8.33%) OTC Derivatives
Operating Systems
1 3 (25.00%) Linux
2 2 (16.67%) Unix
Processes & Methodologies
1 5 (41.67%) Risk Management
2 4 (33.33%) Multithreading
3 3 (25.00%) Agile Software Development
3 3 (25.00%) Software Engineering
4 2 (16.67%) BDD
4 2 (16.67%) Electronic Trading
4 2 (16.67%) Portfolio Management
4 2 (16.67%) Project Management
4 2 (16.67%) SDLC
4 2 (16.67%) User Stories
5 1 (8.33%) Analytics
5 1 (8.33%) Continuous Delivery
5 1 (8.33%) Continuous Integration
5 1 (8.33%) Data Management
5 1 (8.33%) Greeks
5 1 (8.33%) Low Latency
5 1 (8.33%) Multithreaded Programming
5 1 (8.33%) Performance Tuning
5 1 (8.33%) Unit Testing
5 1 (8.33%) Workflow
Programming Languages
1 8 (66.67%) Java
2 3 (25.00%) Scala
3 2 (16.67%) C
4 1 (8.33%) C++
4 1 (8.33%) Perl
4 1 (8.33%) Python
4 1 (8.33%) Shell Script
Qualifications
1 2 (16.67%) Degree
Quality Assurance & Compliance
1 2 (16.67%) MiFID
System Software
1 1 (8.33%) Platform Symphony
Vendors
1 3 (25.00%) Sybase
2 2 (16.67%) GoldenSource
2 2 (16.67%) IBM
2 2 (16.67%) Oracle
3 1 (8.33%) Calypso
3 1 (8.33%) DataSynapse