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 average contractor rates offered in IT contracts that have cited Derivative over the 3 months to 31 August 2015 with a comparison to the same period in 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.

Location
3 months to
31 Aug 2015
Same period 2014 Same period 2013
Derivatives
Rank 25 - 32
Rank change year-on-year
- 0
Contract jobs citing Derivative 6 0 8
As % of all contract IT jobs located in Canary Wharf 3.19% - 3.67%
As % of the Miscellaneous category 7.59% - 6.06%
Number of daily rates quoted 5 0 8
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£525 - £700
UK excluding London average daily rate £500 £365 £450
% change year-on-year
+36.98% -18.88%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £90.00
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
79 51 132
As % of all contract IT jobs located in Canary Wharf 42.02% 44.74% 60.55%
Number of daily rates quoted 51 24 89
Average daily rate £475 £450 £650
Average daily rate % change year-on-year
+5.55% -30.76%
90% offered a daily rate of more than £340 £300 £368
10% offered a daily rate of more than £550 £560 £700
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 1 7 0
Average hourly rate £35.75 £18.00 -
Average hourly rate % change year-on-year
+98.61% -
UK excluding London average hourly rate £22.00 £20.00 £17.50
% change year-on-year
+10.00% +14.28%

Derivative
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Derivative across the Canary Wharf region as a proportion of the total demand within 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
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 31 August 2015, IT contractor jobs across the Canary Wharf region citing Derivative also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Derivative.

1 9 (50.00%) Java
1 9 (50.00%) SQL
1 9 (50.00%) Finance
1 9 (50.00%) Agile Software Development
2 7 (38.89%) Front Office
2 7 (38.89%) Degree
3 6 (33.33%) Equities
3 6 (33.33%) Banking
3 6 (33.33%) UNIX
4 5 (27.78%) C#
4 5 (27.78%) Linux
4 5 (27.78%) Investment Banking
5 4 (22.22%) Business Analysis
5 4 (22.22%) Equity Derivative
5 4 (22.22%) Scrum
5 4 (22.22%) Foreign Exchange (FX)
5 4 (22.22%) .NET
6 3 (16.67%) Oracle
6 3 (16.67%) Perl
6 3 (16.67%) Fixed Income
6 3 (16.67%) Change Management
6 3 (16.67%) User Acceptance Testing
6 3 (16.67%) Multithreading
6 3 (16.67%) Computer Science
6 3 (16.67%) QA
6 3 (16.67%) Interest Rate Derivative
6 3 (16.67%) Solace
6 3 (16.67%) SDLC
7 2 (11.11%) Analytical Skills
7 2 (11.11%) Gherkin

Derivative
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 31 August 2015, IT contractor jobs across the Canary Wharf region citing Derivative also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Derivative. Up to 20 skills are shown per category.

Application Platforms
1 2 (11.11%) Oracle Coherence
2 1 (5.56%) SharePoint
2 1 (5.56%) WebSphere
Applications
1 1 (5.56%) MS Excel
1 1 (5.56%) MS Visio
1 1 (5.56%) MS PowerPoint
Communications & Networking
1 1 (5.56%) Intranet
Database & Business Intelligence
1 2 (11.11%) Relational Database
2 1 (5.56%) SQL Server
2 1 (5.56%) Data Mining
2 1 (5.56%) SQL Server 2008
Development Applications
1 2 (11.11%) Maven
1 2 (11.11%) JIRA
2 1 (5.56%) Selenium
2 1 (5.56%) FitNesse
2 1 (5.56%) TeamCity
2 1 (5.56%) Team Foundation Server
2 1 (5.56%) Cucumber
2 1 (5.56%) SpecFlow
2 1 (5.56%) HP UFT
2 1 (5.56%) NUnit
General
1 9 (50.00%) Finance
2 7 (38.89%) Front Office
3 6 (33.33%) Banking
4 5 (27.78%) Investment Banking
5 2 (11.11%) Retail
6 1 (5.56%) Back Office
6 1 (5.56%) Retail Banking
6 1 (5.56%) Corporate Banking
Job Titles
1 9 (50.00%) Analyst
2 7 (38.89%) Business Analyst
3 6 (33.33%) Developer
4 4 (22.22%) Java Developer
5 3 (16.67%) Project Manager
6 2 (11.11%) Agile Business Analyst
7 1 (5.56%) Automation Tester
7 1 (5.56%) C# .NET Developer
7 1 (5.56%) Core Java Developer
7 1 (5.56%) Tester
7 1 (5.56%) C# Developer
7 1 (5.56%) Applications Support Analyst
7 1 (5.56%) Technical Analyst
7 1 (5.56%) Technical Manager
7 1 (5.56%) Senior Java Developer
7 1 (5.56%) Business Project Manager
7 1 (5.56%) Technical Business Analyst
7 1 (5.56%) Business Manager
7 1 (5.56%) QA Analyst
7 1 (5.56%) IT Business Analyst
Libraries, Frameworks & Software Standards
1 4 (22.22%) .NET
2 2 (11.11%) XML
2 2 (11.11%) J2SE
2 2 (11.11%) Spring
2 2 (11.11%) JSF
2 2 (11.11%) Apache Flex
2 2 (11.11%) Gherkin
3 1 (5.56%) WCF
3 1 (5.56%) WPF
3 1 (5.56%) .NET Framework
3 1 (5.56%) WebSphere MQ
3 1 (5.56%) FpML
3 1 (5.56%) Swing
3 1 (5.56%) ASP.NET
3 1 (5.56%) Web Services
Miscellaneous
1 6 (33.33%) Equities
2 4 (22.22%) Foreign Exchange (FX)
2 4 (22.22%) Equity Derivative
3 3 (16.67%) Computer Science
3 3 (16.67%) Fixed Income
3 3 (16.67%) Interest Rate Derivative
4 2 (11.11%) Analytical Skills
5 1 (5.56%) Client/Server
5 1 (5.56%) Credit Derivative
5 1 (5.56%) Market Risk
5 1 (5.56%) Reference Data
5 1 (5.56%) Data Integration
5 1 (5.56%) Hedge funds
Operating Systems
1 6 (33.33%) UNIX
2 5 (27.78%) Linux
3 1 (5.56%) Windows
Processes & Methodologies
1 9 (50.00%) Agile Software Development
2 4 (22.22%) Scrum
2 4 (22.22%) Business Analysis
3 3 (16.67%) User Acceptance Testing
3 3 (16.67%) Multithreading
3 3 (16.67%) Change Management
3 3 (16.67%) SDLC
4 2 (11.11%) Test Planning
4 2 (11.11%) Kanban
4 2 (11.11%) Business Process Improvement
4 2 (11.11%) Test Strategy
4 2 (11.11%) Root Cause Analysis
4 2 (11.11%) Risk Management
4 2 (11.11%) Software Engineering
4 2 (11.11%) SOA
4 2 (11.11%) TDD
4 2 (11.11%) Electronic Trading
4 2 (11.11%) System Testing
4 2 (11.11%) Test Scripting
5 1 (5.56%) Continuous Integration
Programming Languages
1 9 (50.00%) Java
1 9 (50.00%) SQL
2 5 (27.78%) C#
3 3 (16.67%) Perl
4 2 (11.11%) PL/SQL
4 2 (11.11%) C++
4 2 (11.11%) Shell Script
5 1 (5.56%) R
5 1 (5.56%) JavaScript
5 1 (5.56%) VBScript
5 1 (5.56%) Python
Qualifications
1 7 (38.89%) Degree
2 1 (5.56%) PMP
2 1 (5.56%) PMI Certification
Quality Assurance & Compliance
1 3 (16.67%) QA
2 2 (11.11%) EMIR
Systems Management
1 1 (5.56%) HP Quality Center
Vendors
1 3 (16.67%) Oracle
1 3 (16.67%) Solace
2 2 (11.11%) Microsoft
3 1 (5.56%) Bloomberg
3 1 (5.56%) Perforce
3 1 (5.56%) Thunderhead
3 1 (5.56%) Tradeweb