Canary Wharf Electronic Trading Contracts

This section looks at the demand for Electronic Trading skills within the Canary Wharf region with a comparison to our Processes & Methodologies category. Included is a guide to the contractor rates offered in IT job ads that have cited Electronic Trading over the 3 months to 18 July 2008 with a comparison to the same period last year.

Electronic Trading
Location Berkshire Canary Wharf City of London Docklands, London England London South East UK	3 months to 18 Jul 2008	Same period last year
Rank	36	52
Rank change on same period last year	+16
Matching contract IT job ads	11	2
As % of all UK contract IT job ads sampled	0.015 %	0.002 %
As % of the category below	4.297 %	0.823 %
Daily rates quoted	9	0
Average minimum daily rate	£561	-
Average daily rate	£564	-
% change on same period last year	-
Average maximum daily rate	£567	-
UK excluding London average daily rate	-	£425
% change on same period last year	-
Hourly rates quoted	0	0
Average minimum hourly rate	-	-
Average hourly rate	-	-
% change on same period last year	-
Average maximum hourly rate	-	-
UK excluding London average hourly rate	-	-
% change on same period last year	-
Processes & Methodologies Canary Wharf
Matching contract IT job ads	256	243
As % of all UK contract IT job ads sampled	0.340 %	0.249 %
Daily rates quoted	144	107
Average minimum daily rate	£434	£437
Average daily rate	£453	£459
% change on same period last year	-1.28 %
Average maximum daily rate	£472	£481
UK excluding London average daily rate	£381	£375
% change on same period last year	+1.52 %
Hourly rates quoted	11	8
Average minimum hourly rate	£39.29	£22.45
Average hourly rate	£40.09	£24.45
% change on same period last year	+63.92 %
Average maximum hourly rate	£40.88	£26.45
UK excluding London average hourly rate	£29.43	£30.35
% change on same period last year	-3.02 %
Electronic Trading London

We calculate average IT contractor rates directly from the figures quoted and do not attempt to derive hourly rates from daily rates or vice versa.

Electronic Trading
Demand Trend

The chart provides a 3-month moving total beginning in 2004 of IT contractor jobs citing Electronic Trading across the Canary Wharf region as a proportion of the total demand within the Processes & Methodologies category.

Electronic Trading
Daily Rate Trend

The chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Electronic Trading across the Canary Wharf region.

Electronic Trading
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Electronic Trading across the Canary Wharf region over the 3 months to 18 July 2008.

Electronic Trading
Top 30 Related IT Skills

For the 6 months to 18 July 2008, IT contractor jobs across the Canary Wharf region citing Electronic Trading 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 Electronic Trading.

1 17 (70.83 %) Front Office 2 12 (50.00 %) Derivative 3 11 (45.83 %) Finance 4 10 (41.67 %) C++ 5 9 (37.50 %) Equity Derivative 5 9 (37.50 %) Fixed Income 6 7 (29.17 %) C# 7 6 (25.00 %) Equities 8 5 (20.83 %) Windows 8 5 (20.83 %) VBA 9 4 (16.67 %) SQL 9 4 (16.67 %) Banking 9 4 (16.67 %) Software Testing 10 3 (12.50 %) Degree 10 3 (12.50 %) MarketView

10 3 (12.50 %) ION Trading 10 3 (12.50 %) Investment Banking 10 3 (12.50 %) Java 11 2 (8.333 %) Linux 11 2 (8.333 %) LAN 11 2 (8.333 %) WAN 11 2 (8.333 %) VPN 11 2 (8.333 %) Cisco 11 2 (8.333 %) CiscoWorks 11 2 (8.333 %) Juniper 11 2 (8.333 %) BMC 11 2 (8.333 %) BMC PATROL 11 2 (8.333 %) Bloomberg 11 2 (8.333 %) OSPF 11 2 (8.333 %) BGP

Electronic Trading
Top Related IT Skills by Category

For the 6 months to 18 July 2008, IT contractor jobs across the Canary Wharf region citing Electronic Trading 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 Electronic Trading. Up to 20 skills are shown per category.

Application Development 1 1 (4.167 %) .NET 1 1 (4.167 %) ASP 1 1 (4.167 %) Struts 1 1 (4.167 %) XML	Application Platforms 1 1 (4.167 %) WebLogic
Business Applications 1 3 (12.50 %) MarketView	Communications & Networking 1 2 (8.333 %) LAN 1 2 (8.333 %) WAN 1 2 (8.333 %) VPN 1 2 (8.333 %) OSPF 1 2 (8.333 %) BGP 1 2 (8.333 %) Firewall
General 1 17 (70.83 %) Front Office 2 11 (45.83 %) Finance 3 4 (16.67 %) Banking 4 3 (12.50 %) Investment Banking 5 1 (4.167 %) Private Banking 5 1 (4.167 %) Marketing 5 1 (4.167 %) Back Office	Job Titles 1 12 (50.00 %) Developer 2 7 (29.17 %) C++ Developer 3 5 (20.83 %) Project Manager 3 5 (20.83 %) Senior Developer 4 4 (16.67 %) Senior C++ Developer 5 3 (12.50 %) Business Analyst 5 3 (12.50 %) Analyst 5 3 (12.50 %) Front Office Developer 6 2 (8.333 %) Java Developer 6 2 (8.333 %) Support Specialist 6 2 (8.333 %) Network Specialist 6 2 (8.333 %) Network Support 6 2 (8.333 %) Network Support Specialist 7 1 (4.167 %) Senior Java Developer 7 1 (4.167 %) Senior Infrastructure Manager 7 1 (4.167 %) Senior Infrastructure Project Manager 7 1 (4.167 %) Senior Project Manager 7 1 (4.167 %) Project Analyst 7 1 (4.167 %) Sybase Developer 7 1 (4.167 %) Infrastructure Manager
Miscellaneous 1 12 (50.00 %) Derivative 2 9 (37.50 %) Equity Derivative 2 9 (37.50 %) Fixed Income 3 6 (25.00 %) Equities 4 2 (8.333 %) Mathematics 5 1 (4.167 %) Foreign Exchange (FX) 5 1 (4.167 %) Asset Management 5 1 (4.167 %) VAX	Operating Systems 1 5 (20.83 %) Windows 2 2 (8.333 %) Linux 2 2 (8.333 %) UNIX 3 1 (4.167 %) VMS
Processes & Methodologies 1 4 (16.67 %) Software Testing 2 2 (8.333 %) Test Scripting 3 1 (4.167 %) PRINCE2 3 1 (4.167 %) Project Management 3 1 (4.167 %) Migration 3 1 (4.167 %) Agile Software Development	Programming Languages 1 10 (41.67 %) C++ 2 7 (29.17 %) C# 3 5 (20.83 %) VBA 4 4 (16.67 %) SQL 5 3 (12.50 %) Java
Qualifications 1 3 (12.50 %) Degree 2 1 (4.167 %) PRINCE2 Practitioner	Quality Assurance & Compliance 1 2 (8.333 %) QA 2 1 (4.167 %) SLA
Systems Management 1 2 (8.333 %) CiscoWorks 1 2 (8.333 %) BMC PATROL	Vendors 1 3 (12.50 %) ION Trading 2 2 (8.333 %) Juniper 2 2 (8.333 %) BMC 2 2 (8.333 %) Bloomberg 2 2 (8.333 %) Cisco 2 2 (8.333 %) eSpeed 3 1 (4.167 %) Sybase 3 1 (4.167 %) IBM 3 1 (4.167 %) Remedy 3 1 (4.167 %) Fujitsu