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 29 July 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
29 Jul 2015
Same period 2014 Same period 2013
Derivatives
Rank 28 - 22
Rank change year-on-year
- 0
Contract jobs citing Derivative 3 0 24
As % of all contract IT jobs located in Canary Wharf 1.57% - 8.22%
As % of the Miscellaneous category 4.00% - 14.46%
Number of daily rates quoted 2 0 22
Average daily rate
Keep up to 90%
of your Daily Rate
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£343 - £650
90% offered a daily rate of more than £249 - £550
10% offered a daily rate of more than £437 - £700
UK excluding London average daily rate £475 £400 £450
% change year-on-year
+18.75% -11.11%
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
75 65 166
As % of all contract IT jobs located in Canary Wharf 39.27% 52.42% 56.85%
Number of daily rates quoted 46 25 114
Average daily rate £475 £500 £600
Average daily rate % change year-on-year
-5.00% -16.66%
90% offered a daily rate of more than £278 £288 £318
10% offered a daily rate of more than £548 £630 £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 £19.08 £21.75 £20.00
% change year-on-year
-12.27% +8.75%

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 29 July 2015.

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 29 July 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 (64.29%) Java
2 7 (50.00%) SQL
2 7 (50.00%) Front Office
2 7 (50.00%) Finance
2 7 (50.00%) Agile Software Development
3 6 (42.86%) Banking
3 6 (42.86%) UNIX
3 6 (42.86%) Degree
4 5 (35.71%) Investment Banking
4 5 (35.71%) C#
4 5 (35.71%) Linux
5 4 (28.57%) Equities
5 4 (28.57%) .NET
5 4 (28.57%) Equity Derivative
6 3 (21.43%) Computer Science
6 3 (21.43%) QA
6 3 (21.43%) Multithreading
6 3 (21.43%) Solace
6 3 (21.43%) SDLC
6 3 (21.43%) Oracle
6 3 (21.43%) Perl
6 3 (21.43%) Fixed Income
6 3 (21.43%) Foreign Exchange (FX)
7 2 (14.29%) Risk Management
7 2 (14.29%) Scrum
7 2 (14.29%) Retail
7 2 (14.29%) TDD
7 2 (14.29%) Spring
7 2 (14.29%) JSF
7 2 (14.29%) Maven

Derivative
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 29 July 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 (14.29%) Oracle Coherence
2 1 (7.14%) SharePoint
2 1 (7.14%) WebSphere
Database & Business Intelligence
1 2 (14.29%) Relational Database
2 1 (7.14%) SQL Server
2 1 (7.14%) Data Mining
2 1 (7.14%) SQL Server 2008
Development Applications
1 2 (14.29%) Maven
2 1 (7.14%) JIRA
2 1 (7.14%) Selenium
2 1 (7.14%) FitNesse
2 1 (7.14%) TeamCity
2 1 (7.14%) Team Foundation Server
2 1 (7.14%) Cucumber
2 1 (7.14%) SpecFlow
2 1 (7.14%) HP UFT
2 1 (7.14%) NUnit
General
1 7 (50.00%) Front Office
1 7 (50.00%) Finance
2 6 (42.86%) Banking
3 5 (35.71%) Investment Banking
4 2 (14.29%) Retail
5 1 (7.14%) Back Office
5 1 (7.14%) Retail Banking
5 1 (7.14%) Corporate Banking
Job Titles
1 6 (42.86%) Developer
2 5 (35.71%) Analyst
3 4 (28.57%) Java Developer
4 3 (21.43%) Project Manager
4 3 (21.43%) Business Analyst
5 1 (7.14%) Tester
5 1 (7.14%) C# Developer
5 1 (7.14%) Applications Support Analyst
5 1 (7.14%) Technical Manager
5 1 (7.14%) Senior Java Developer
5 1 (7.14%) Business Project Manager
5 1 (7.14%) Business Manager
5 1 (7.14%) QA Analyst
5 1 (7.14%) Senior QA Analyst
5 1 (7.14%) RAD Developer
5 1 (7.14%) 2nd Line Support Analyst
5 1 (7.14%) Agile Business Analyst
5 1 (7.14%) Automation Tester
5 1 (7.14%) C# .NET Developer
5 1 (7.14%) Core Java Developer
Libraries, Frameworks & Software Standards
1 4 (28.57%) .NET
2 2 (14.29%) J2SE
2 2 (14.29%) Spring
2 2 (14.29%) JSF
2 2 (14.29%) Apache Flex
3 1 (7.14%) WCF
3 1 (7.14%) WPF
3 1 (7.14%) Gherkin
3 1 (7.14%) .NET Framework
3 1 (7.14%) WebSphere MQ
3 1 (7.14%) FpML
3 1 (7.14%) ASP.NET
3 1 (7.14%) Web Services
3 1 (7.14%) XML
3 1 (7.14%) Swing
Miscellaneous
1 4 (28.57%) Equities
1 4 (28.57%) Equity Derivative
2 3 (21.43%) Computer Science
2 3 (21.43%) Foreign Exchange (FX)
2 3 (21.43%) Fixed Income
3 2 (14.29%) Interest Rate Derivative
4 1 (7.14%) Market Risk
4 1 (7.14%) Hedge funds
4 1 (7.14%) Analytical Skills
4 1 (7.14%) Client/Server
Operating Systems
1 6 (42.86%) UNIX
2 5 (35.71%) Linux
3 1 (7.14%) Windows
Processes & Methodologies
1 7 (50.00%) Agile Software Development
2 3 (21.43%) Multithreading
2 3 (21.43%) SDLC
3 2 (14.29%) Scrum
3 2 (14.29%) Business Process Improvement
3 2 (14.29%) Electronic Trading
3 2 (14.29%) System Testing
3 2 (14.29%) Test Strategy
3 2 (14.29%) Root Cause Analysis
3 2 (14.29%) TDD
3 2 (14.29%) Risk Management
3 2 (14.29%) User Acceptance Testing
3 2 (14.29%) Test Scripting
3 2 (14.29%) SOA
3 2 (14.29%) Software Engineering
4 1 (7.14%) Business Analysis
4 1 (7.14%) Software Testing
4 1 (7.14%) Requirements Analysis
4 1 (7.14%) Problem Management
4 1 (7.14%) Quantitative Analysis
Programming Languages
1 9 (64.29%) Java
2 7 (50.00%) SQL
3 5 (35.71%) C#
4 3 (21.43%) Perl
5 2 (14.29%) PL/SQL
5 2 (14.29%) C++
5 2 (14.29%) Shell Script
6 1 (7.14%) R
6 1 (7.14%) JavaScript
6 1 (7.14%) VBScript
6 1 (7.14%) Python
Qualifications
1 6 (42.86%) Degree
2 1 (7.14%) PMP
2 1 (7.14%) PMI Certification
Quality Assurance & Compliance
1 3 (21.43%) QA
2 1 (7.14%) EMIR
Systems Management
1 1 (7.14%) HP Quality Center
Vendors
1 3 (21.43%) Oracle
1 3 (21.43%) Solace
2 2 (14.29%) Microsoft
3 1 (7.14%) Bloomberg
3 1 (7.14%) Perforce
3 1 (7.14%) Tradeweb