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 24 August 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
24 Aug 2016
Same period 2015 Same period 2014
Derivatives
Rank 25 25 -
Rank change year-on-year
0 -
Contract jobs citing Derivative 2 5 0
As % of all contract IT jobs located in Canary Wharf 1.34% 2.62% -
As % of the Miscellaneous category 2.90% 5.75% -
Number of daily rates quoted 1 4 0
Median daily rate £488 £513 -
Median daily rate % change year-on-year
-4.87% -
UK excluding London median daily rate £305 £475 £365
% change year-on-year
-35.78% +30.13%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
69 87 55
As % of all contract IT jobs located in Canary Wharf 46.31% 45.55% 47.83%
Number of daily rates quoted 41 57 25
Median daily rate £375 £475 £450
Median daily rate % change year-on-year
-21.05% +5.55%
90% offered a daily rate of more than £325 £325 £296
10% offered a daily rate of more than £505 £550 £550
UK excluding London median daily rate £380 £375 £350
% change year-on-year
+1.33% +7.14%
Number of hourly rates quoted 1 1 8
Median hourly rate £12.00 £35.75 £18.00
Median hourly rate % change year-on-year
-66.43% +98.61%
UK excluding London median hourly rate £22.50 £19.08 £19.00
% change year-on-year
+17.92% +0.42%

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 24 August 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 5 (62.50%) Equity Derivative
2 4 (50.00%) C++
2 4 (50.00%) Java
3 3 (37.50%) SQL Server
3 3 (37.50%) Python
3 3 (37.50%) KDB
3 3 (37.50%) Analytics
3 3 (37.50%) Market Making
4 2 (25.00%) Multithreading
4 2 (25.00%) Finance
4 2 (25.00%) Agile Software Development
4 2 (25.00%) Banking
4 2 (25.00%) C#
4 2 (25.00%) .NET
4 2 (25.00%) Oracle
4 2 (25.00%) Front Office
4 2 (25.00%) Risk Management
5 1 (12.50%) Infragistics
5 1 (12.50%) Workflow
5 1 (12.50%) Back Office
5 1 (12.50%) XAML
5 1 (12.50%) Management Information System
5 1 (12.50%) MFC
5 1 (12.50%) C
5 1 (12.50%) VB.NET
5 1 (12.50%) RDBMS
5 1 (12.50%) IBM
5 1 (12.50%) Calypso
5 1 (12.50%) Fidessa
5 1 (12.50%) Foreign Exchange (FX)

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 1 (12.50%) WebSphere
1 1 (12.50%) WebSphere Application Server
Business Applications
1 1 (12.50%) Endur
Database & Business Intelligence
1 3 (37.50%) KDB
1 3 (37.50%) SQL Server
2 1 (12.50%) RDBMS
2 1 (12.50%) Relational Database
General
1 2 (25.00%) Banking
1 2 (25.00%) Finance
1 2 (25.00%) Front Office
2 1 (12.50%) Back Office
2 1 (12.50%) Investment Banking
Job Titles
1 6 (75.00%) Developer
2 3 (37.50%) C++ Developer
2 3 (37.50%) Java Developer
3 2 (25.00%) Business Analyst
3 2 (25.00%) C++/Java Developer
4 1 (12.50%) .NET Developer
4 1 (12.50%) Analyst
4 1 (12.50%) C# .NET Developer
4 1 (12.50%) C# Developer
4 1 (12.50%) C# Developer - Investment Banking
4 1 (12.50%) Calypso Business Analyst
4 1 (12.50%) Front Office C++ Developer
4 1 (12.50%) Front Office Developer
Libraries, Frameworks & Software Standards
1 2 (25.00%) .NET
2 1 (12.50%) ASP.NET
2 1 (12.50%) ATL
2 1 (12.50%) Boost C++ Libraries
2 1 (12.50%) Java EE
2 1 (12.50%) MFC
2 1 (12.50%) STL
2 1 (12.50%) WCF
2 1 (12.50%) Web Services
2 1 (12.50%) WPF
2 1 (12.50%) XML
2 1 (12.50%) XSD
2 1 (12.50%) XSLT
Miscellaneous
1 5 (62.50%) Equity Derivative
2 1 (12.50%) Analytical Skills
2 1 (12.50%) Computer Science
2 1 (12.50%) Equities
2 1 (12.50%) Fixed Income
2 1 (12.50%) Foreign Exchange (FX)
2 1 (12.50%) Management Information System
2 1 (12.50%) Market Risk
2 1 (12.50%) OTC Derivatives
2 1 (12.50%) Taxonomies
Operating Systems
1 1 (12.50%) Windows
Processes & Methodologies
1 3 (37.50%) Analytics
1 3 (37.50%) Market Making
2 2 (25.00%) Agile Software Development
2 2 (25.00%) Multithreading
2 2 (25.00%) Risk Management
3 1 (12.50%) Automated Testing
3 1 (12.50%) BDD
3 1 (12.50%) Continuous Integration
3 1 (12.50%) ETRM
3 1 (12.50%) MVVM
3 1 (12.50%) OO
3 1 (12.50%) OOP
3 1 (12.50%) Project Management
3 1 (12.50%) Software Engineering
3 1 (12.50%) User Stories
3 1 (12.50%) Workflow
Programming Languages
1 4 (50.00%) C++
1 4 (50.00%) Java
2 3 (37.50%) Python
3 2 (25.00%) C#
4 1 (12.50%) C
4 1 (12.50%) VB.NET
4 1 (12.50%) VC++
4 1 (12.50%) XAML
Qualifications
1 1 (12.50%) Degree
Quality Assurance & Compliance
1 1 (12.50%) Dodd-Frank
1 1 (12.50%) EMIR
Vendors
1 2 (25.00%) Oracle
2 1 (12.50%) Calypso
2 1 (12.50%) Fidessa
2 1 (12.50%) GoldenSource
2 1 (12.50%) IBM
2 1 (12.50%) Infragistics
2 1 (12.50%) OpenLink
2 1 (12.50%) Sophis
2 1 (12.50%) Sybase