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 9 February 2016 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
9 Feb 2016
Same period 2015 Same period 2014
Derivatives
Rank 19 22 23
Rank change year-on-year
+3 +1
Contract jobs citing Derivative 3 1 9
As % of all contract IT jobs located in Canary Wharf 2.44% 1.00% 5.03%
As % of the Miscellaneous category 6.25% 1.82% 8.41%
Number of daily rates quoted 3 1 7
Average daily rate £465 £600 £525
Average daily rate % change year-on-year
-22.50% +14.28%
90% offered a daily rate of more than £461 £600 £444
10% offered a daily rate of more than £603 £600 £545
UK excluding London average daily rate £325 £475 £425
% change year-on-year
-31.57% +11.76%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
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
48 55 107
As % of all contract IT jobs located in Canary Wharf 39.02% 55.00% 59.78%
Number of daily rates quoted 44 42 79
Average daily rate £465 £475 £565
Average daily rate % change year-on-year
-2.10% -15.92%
90% offered a daily rate of more than £275 £220 £425
10% offered a daily rate of more than £649 £725 £1,000
UK excluding London average daily rate £375 £370 £350
% change year-on-year
+1.35% +5.71%
Number of hourly rates quoted 0 0 3
Average hourly rate - - £30.00
UK excluding London average hourly rate £24.00 £17.50 £17.50
% change year-on-year
+37.14% -

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
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 9 February 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 9 February 2016, 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 6 (50.00%) C#
1 6 (50.00%) SQL
1 6 (50.00%) Finance
2 5 (41.67%) Equities
2 5 (41.67%) Front Office
2 5 (41.67%) Risk Management
2 5 (41.67%) Agile Software Development
2 5 (41.67%) Java
3 4 (33.33%) Perl
3 4 (33.33%) Banking
4 3 (25.00%) C++
4 3 (25.00%) Sybase
4 3 (25.00%) DB2
4 3 (25.00%) Investment Banking
5 2 (16.67%) JIRA
5 2 (16.67%) Relational Database
5 2 (16.67%) Test Management
5 2 (16.67%) ATL
5 2 (16.67%) XML
5 2 (16.67%) Windows
5 2 (16.67%) .NET
5 2 (16.67%) MFC
5 2 (16.67%) Oracle
5 2 (16.67%) Foreign Exchange (FX)
5 2 (16.67%) OOP
5 2 (16.67%) OO
5 2 (16.67%) VC++
5 2 (16.67%) Scrum
5 2 (16.67%) Stakeholder Management
5 2 (16.67%) Business Analysis

Derivative
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 9 February 2016, 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.

Applications
1 1 (8.33%) MS Excel
1 1 (8.33%) MS PowerPoint
1 1 (8.33%) MS Visio
Business Applications
1 1 (8.33%) Endur
Communications & Networking
1 1 (8.33%) Intranet
Database & Business Intelligence
1 3 (25.00%) DB2
2 2 (16.67%) Relational Database
3 1 (8.33%) KDB
3 1 (8.33%) RDBMS
3 1 (8.33%) SQL Server
Development Applications
1 2 (16.67%) JIRA
2 1 (8.33%) ClearCase
2 1 (8.33%) Maven
2 1 (8.33%) TeamCity
General
1 6 (50.00%) Finance
2 5 (41.67%) Front Office
3 4 (33.33%) Banking
4 3 (25.00%) Investment Banking
5 1 (8.33%) Corporate Banking
5 1 (8.33%) Retail
5 1 (8.33%) Retail Banking
Job Titles
1 5 (41.67%) Analyst
1 5 (41.67%) Developer
2 4 (33.33%) C# Developer
3 3 (25.00%) Business Analyst
3 3 (25.00%) Front Office Developer
3 3 (25.00%) Java Developer
4 2 (16.67%) C++ Developer
4 2 (16.67%) Finance Manager
4 2 (16.67%) Front Office C++ Developer
4 2 (16.67%) IT Analyst
4 2 (16.67%) Test Manager
5 1 (8.33%) Analyst Developer
5 1 (8.33%) C++/C# Developer
5 1 (8.33%) IT Business Analyst
5 1 (8.33%) Java Analyst Developer
5 1 (8.33%) Technical Analyst
5 1 (8.33%) Technical Business Analyst
5 1 (8.33%) Technical Manager
5 1 (8.33%) Technical Project Manager
5 1 (8.33%) Test Analyst
Libraries, Frameworks & Software Standards
1 2 (16.67%) .NET
1 2 (16.67%) ATL
1 2 (16.67%) MFC
1 2 (16.67%) XML
2 1 (8.33%) Boost C++ Libraries
2 1 (8.33%) Gherkin
2 1 (8.33%) STL
2 1 (8.33%) Swing
2 1 (8.33%) XML Messaging
Miscellaneous
1 5 (41.67%) Equities
2 2 (16.67%) Foreign Exchange (FX)
3 1 (8.33%) Analytical Skills
3 1 (8.33%) Client/Server
3 1 (8.33%) Credit Derivative
3 1 (8.33%) Data Integration
3 1 (8.33%) Fixed Income
3 1 (8.33%) Interest Rate Derivative
3 1 (8.33%) Management Information System
3 1 (8.33%) Reference Data
Operating Systems
1 2 (16.67%) Windows
2 1 (8.33%) Linux
Processes & Methodologies
1 5 (41.67%) Agile Software Development
1 5 (41.67%) Risk Management
2 2 (16.67%) Business Analysis
2 2 (16.67%) OO
2 2 (16.67%) OOP
2 2 (16.67%) Scrum
2 2 (16.67%) Stakeholder Management
2 2 (16.67%) Test Management
3 1 (8.33%) Automation Testing
3 1 (8.33%) Build Automation
3 1 (8.33%) Continuous Integration
3 1 (8.33%) Data Mapping
3 1 (8.33%) Electronic Trading
3 1 (8.33%) ETRM
3 1 (8.33%) Functional Testing
3 1 (8.33%) Investment Management
3 1 (8.33%) Kanban
3 1 (8.33%) Multithreading
3 1 (8.33%) Time Management
3 1 (8.33%) User Stories
Programming Languages
1 6 (50.00%) C#
1 6 (50.00%) SQL
2 5 (41.67%) Java
3 4 (33.33%) Perl
4 3 (25.00%) C++
5 2 (16.67%) VC++
6 1 (8.33%) Bash Shell
6 1 (8.33%) Korn
6 1 (8.33%) Python
6 1 (8.33%) VBA
Qualifications
1 1 (8.33%) Degree
Quality Assurance & Compliance
1 1 (8.33%) EMIR
Systems Management
1 1 (8.33%) HP Quality Center
Vendors
1 3 (25.00%) Sybase
2 2 (16.67%) Oracle
3 1 (8.33%) OpenLink
3 1 (8.33%) Thunderhead