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 29 June 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
29 Jun 2016
Same period 2015 Same period 2014
Derivatives
Rank 20 24 -
Rank change year-on-year
+4 -
Contract jobs citing Derivative 3 10 0
As % of all contract IT jobs located in Canary Wharf 2.50% 5.68% -
As % of the Miscellaneous category 6.00% 12.82% -
Number of daily rates quoted 3 10 0
Median daily rate £600 £513 -
Median daily rate % change year-on-year
+17.07% -
UK excluding London median daily rate £320 £438 £375
% change year-on-year
-26.85% +16.66%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £42.00
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
50 78 58
As % of all contract IT jobs located in Canary Wharf 41.67% 44.32% 58.00%
Number of daily rates quoted 28 55 27
Median daily rate £493 £475 £500
Median daily rate % change year-on-year
+3.68% -5.00%
90% offered a daily rate of more than £350 £370 £215
10% offered a daily rate of more than £600 £550 £650
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 0 2 6
Median hourly rate - £12.50 £18.00
Median hourly rate % change year-on-year
- -30.55%
UK excluding London median hourly rate £22.75 £18.00 £21.00
% change year-on-year
+26.38% -14.28%

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
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 June 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 6 (75.00%) C++
2 5 (62.50%) Equity Derivative
3 4 (50.00%) C#
3 4 (50.00%) .NET
4 3 (37.50%) MFC
4 3 (37.50%) Java
4 3 (37.50%) SQL Server
4 3 (37.50%) ATL
4 3 (37.50%) VC++
4 3 (37.50%) Python
4 3 (37.50%) Windows
4 3 (37.50%) Front Office
4 3 (37.50%) Finance
4 3 (37.50%) KDB
4 3 (37.50%) Multithreading
4 3 (37.50%) Analytics
4 3 (37.50%) Market Making
5 2 (25.00%) Relational Database
5 2 (25.00%) ETRM
5 2 (25.00%) Boost C++ Libraries
5 2 (25.00%) Risk Management
5 2 (25.00%) Management Information System
5 2 (25.00%) Agile Software Development
5 2 (25.00%) Banking
5 2 (25.00%) OOP
5 2 (25.00%) OO
5 2 (25.00%) OpenLink
5 2 (25.00%) Endur
5 2 (25.00%) RDBMS
5 2 (25.00%) STL

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:

Business Applications
1 2 (25.00%) Endur
Database & Business Intelligence
1 3 (37.50%) KDB
1 3 (37.50%) SQL Server
2 2 (25.00%) RDBMS
2 2 (25.00%) Relational Database
General
1 3 (37.50%) Finance
1 3 (37.50%) Front Office
2 2 (25.00%) Banking
3 1 (12.50%) Investment Banking
Job Titles
1 7 (87.50%) Developer
2 5 (62.50%) C++ Developer
3 3 (37.50%) Front Office C++ Developer
3 3 (37.50%) Front Office Developer
4 2 (25.00%) C# Developer
4 2 (25.00%) C++/Java Developer
4 2 (25.00%) Java Developer
5 1 (12.50%) .NET Developer
5 1 (12.50%) Business Analyst
5 1 (12.50%) C# .NET Developer
5 1 (12.50%) C# Developer - Investment Banking
5 1 (12.50%) C++/C# Developer
Libraries, Frameworks & Software Standards
1 4 (50.00%) .NET
2 3 (37.50%) ATL
2 3 (37.50%) MFC
3 2 (25.00%) Boost C++ Libraries
3 2 (25.00%) STL
4 1 (12.50%) ASP.NET
4 1 (12.50%) WCF
4 1 (12.50%) WPF
Miscellaneous
1 5 (62.50%) Equity Derivative
2 2 (25.00%) Management Information System
3 1 (12.50%) Equities
3 1 (12.50%) Fixed Income
Operating Systems
1 3 (37.50%) Windows
Processes & Methodologies
1 3 (37.50%) Analytics
1 3 (37.50%) Market Making
1 3 (37.50%) Multithreading
2 2 (25.00%) Agile Software Development
2 2 (25.00%) ETRM
2 2 (25.00%) OO
2 2 (25.00%) OOP
2 2 (25.00%) Risk Management
3 1 (12.50%) Automated Testing
3 1 (12.50%) Continuous Integration
3 1 (12.50%) MVVM
Programming Languages
1 6 (75.00%) C++
2 4 (50.00%) C#
3 3 (37.50%) Java
3 3 (37.50%) Python
3 3 (37.50%) VC++
4 1 (12.50%) VB.NET
4 1 (12.50%) XAML
Quality Assurance & Compliance
1 1 (12.50%) Dodd-Frank
1 1 (12.50%) EMIR
Vendors
1 2 (25.00%) OpenLink
1 2 (25.00%) Oracle
2 1 (12.50%) Fidessa
2 1 (12.50%) Infragistics
2 1 (12.50%) Sophis