The first table below looks at the prevalence of the term Equities 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 Equities over the 3 months to 18 June 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the Canary Wharf region.

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
18 Jun 2013
Same period 2012 Same period 2011
Equities
Rank 40 37 21
Rank change year-on-year
-3 -16
Contract jobs citing Equities 6 16 48
As % of all contract IT jobs located in Canary Wharf 1.754% 4.124% 9.178%
As % of the Miscellaneous category 3.636% 9.756% 14.12%
Number of daily rates quoted 4 12 38
Average daily rate £600 £600 £600
90% offered a daily rate of more than £533 £525 £450
10% offered a daily rate of more than £650 £693 £683
UK excluding London average daily rate £425 £425 £356
% change year-on-year
- +19.29%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £17.00 - £11.00
All of the Miscellaneous Category
Canary Wharf
Contract IT job ads with a match in the
Miscellaneous category
165 164 340
As % of all contract IT jobs located in Canary Wharf 48.25% 42.27% 65.01%
Number of daily rates quoted 123 107 266
Average daily rate £600 £550 £600
Average daily rate % change year-on-year
+9.09% -8.33%
90% offered a daily rate of more than £500 £475 £450
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate £350 £340 £330
% change year-on-year
+2.94% +3.03%
Number of hourly rates quoted 0 0 2
Average hourly rate - - £15.00
UK excluding London average hourly rate £21.00 £22.50 £25.00
% change year-on-year
-6.66% -10.00%
Equities
London

Equities
Jobs Demand Trend

This chart provides a 3-month moving total of IT contractor jobs citing Equities across the Canary Wharf region as a proportion of the total demand within the Miscellaneous category.

Canary Wharf Equities Jobs Demand Trend

Equities
Daily Rate Trend

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

Canary Wharf Equities Daily Rate Trend

Equities
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Equities across the Canary Wharf region over the 3 months to 18 June 2013.

Canary Wharf Equities Daily Rate Histogram

Equities
Top 30 Related IT Skills

For the 6 months to 18 June 2013, IT contractor jobs across the Canary Wharf region citing Equities 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 Equities.

1 9 (60.00%) Derivative
2 7 (46.67%) Foreign Exchange (FX)
3 5 (33.33%) Project Management
3 5 (33.33%) Finance
4 4 (26.67%) Back Office
4 4 (26.67%) Banking
4 4 (26.67%) Investment Banking
5 3 (20.00%) Operations Management
5 3 (20.00%) Risk Management
5 3 (20.00%) Fidessa
5 3 (20.00%) Front Office
5 3 (20.00%) SQL
6 2 (13.33%) Murex
6 2 (13.33%) Calypso
6 2 (13.33%) Financial Institution
6 2 (13.33%) Thunderhead
6 2 (13.33%) Fixed Income
6 2 (13.33%) Programme Management
6 2 (13.33%) Summit
6 2 (13.33%) Sophis
6 2 (13.33%) Reference Data
6 2 (13.33%) Equity Derivative
6 2 (13.33%) Business Analysis
6 2 (13.33%) Credit Risk
7 1 (6.667%) User Acceptance Testing
7 1 (6.667%) Avaloq
7 1 (6.667%) Cost-Benefit Analysis
7 1 (6.667%) Data Analysis
7 1 (6.667%) General Ledger
7 1 (6.667%) Financial Modelling

Equities
Top Related IT Skills by Category

For the 6 months to 18 June 2013, IT contractor jobs across the Canary Wharf region citing Equities 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 Equities. Up to 20 skills are shown per category.

Application Development
1 1 (6.667%) .NET
1 1 (6.667%) XML
Application Platforms
1 1 (6.667%) SharePoint
Business Applications
1 2 (13.33%) Summit
Database & Business Intelligence
1 1 (6.667%) SQL Server
1 1 (6.667%) Data Mining
1 1 (6.667%) QlikView
Development Applications
1 1 (6.667%) JIRA
General
1 5 (33.33%) Finance
2 4 (26.67%) Banking
2 4 (26.67%) Investment Banking
2 4 (26.67%) Back Office
3 3 (20.00%) Front Office
4 2 (13.33%) Financial Institution
5 1 (6.667%) Legal
5 1 (6.667%) General Ledger
Job Titles
1 11 (73.33%) Analyst
2 10 (66.67%) Business Analyst
3 3 (20.00%) Technical Analyst
3 3 (20.00%) Technical Business Analyst
4 2 (13.33%) Credit Risk Analyst
4 2 (13.33%) Project Manager
5 1 (6.667%) Data Analyst
5 1 (6.667%) Credit Analyst
5 1 (6.667%) Credit Risk Business Analyst
5 1 (6.667%) Risk Analyst
5 1 (6.667%) Financial Business Analyst
5 1 (6.667%) Financial Services Business Analyst
5 1 (6.667%) Payments Business Analyst
Miscellaneous
1 9 (60.00%) Derivative
2 7 (46.67%) Foreign Exchange (FX)
3 2 (13.33%) Fixed Income
3 2 (13.33%) Equity Derivative
3 2 (13.33%) Credit Risk
3 2 (13.33%) Reference Data
4 1 (6.667%) Credit Derivative
Processes & Methodologies
1 5 (33.33%) Project Management
2 3 (20.00%) Risk Management
2 3 (20.00%) Operations Management
3 2 (13.33%) Programme Management
3 2 (13.33%) Business Analysis
4 1 (6.667%) Cost-Benefit Analysis
4 1 (6.667%) Data Analysis
4 1 (6.667%) Stakeholder Management
4 1 (6.667%) Change Management
4 1 (6.667%) User Acceptance Testing
4 1 (6.667%) Financial Modelling
4 1 (6.667%) Monte Carlo Method
4 1 (6.667%) BPR
Programming Languages
1 3 (20.00%) SQL
Quality Assurance & Compliance
1 1 (6.667%) Basel III
Vendors
1 3 (20.00%) Fidessa
2 2 (13.33%) Thunderhead
2 2 (13.33%) Sophis
2 2 (13.33%) Murex
2 2 (13.33%) Calypso
3 1 (6.667%) SAP
3 1 (6.667%) Avaloq