The table below looks at the prevalence of the term Equity 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 Equity Derivative over the 3 months to 30 April 2016 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.

3 months to
30 Apr 2016
Same period 2015 Same period 2014
Equity Derivatives
Rank 20 24 -
Rank change year-on-year
+4 -
Contract jobs citing Equity Derivative 4 4 0
As % of all contract IT jobs located in Canary Wharf 3.13% 3.01% -
As % of the Miscellaneous category 9.09% 5.00% -
Number of daily rates quoted 4 4 0
Average daily rate £588 £550 -
Average daily rate % change year-on-year
+6.81% -
UK excluding London average daily rate £383 £463 £425
% change year-on-year
-17.29% +8.82%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Equity 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
44 80 64
As % of all contract IT jobs located in Canary Wharf 34.38% 60.15% 48.48%
Number of daily rates quoted 35 50 47
Average daily rate £493 £525 £590
Average daily rate % change year-on-year
-6.19% -11.01%
90% offered a daily rate of more than £396 £418 £300
10% offered a daily rate of more than £685 £600 £1,000
UK excluding London average daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 1 2 4
Average hourly rate £26.00 £12.50 £28.00
Average hourly rate % change year-on-year
+108.00% -55.35%
UK excluding London average hourly rate £21.75 £18.90 £20.00
% change year-on-year
+15.07% -5.50%

Equity Derivative
Jobs Demand Trend in Canary Wharf

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

Equity Derivative Jobs Demand Trend in Canary Wharf

Equity Derivative
Daily Rate Trend in Canary Wharf

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

Equity Derivative Daily Rate Trend in Canary Wharf

Equity Derivative
Daily Rate Histogram in Canary Wharf

This chart provides a histogram of daily rates quoted in contract IT jobs citing Equity Derivative across the Canary Wharf region over the 3 months to 30 April 2016.

Equity Derivative Daily Rate Histogram in Canary Wharf

Equity Derivative
Hourly Rate Trend in Canary Wharf

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Equity Derivative across the Canary Wharf region.

Equity Derivative Hourly Rate Trend in Canary Wharf

Equity Derivative
Top 28 Related IT Skills in Canary Wharf

For the 6 months to 30 April 2016, IT contractor jobs across the Canary Wharf region citing Equity 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 Equity Derivative.

1 4 (100.00%) Derivative
2 2 (50.00%) C++
2 2 (50.00%) Java
2 2 (50.00%) Python
2 2 (50.00%) KDB
2 2 (50.00%) Analytics
2 2 (50.00%) Market Making
3 1 (25.00%) EMIR
3 1 (25.00%) Dodd-Frank
3 1 (25.00%) Multithreading
3 1 (25.00%) MVVM
3 1 (25.00%) Fidessa
3 1 (25.00%) C#
3 1 (25.00%) VB.NET
3 1 (25.00%) .NET
3 1 (25.00%) SQL Server
3 1 (25.00%) ASP.NET
3 1 (25.00%) WCF
3 1 (25.00%) WPF
3 1 (25.00%) Continuous Integration
3 1 (25.00%) XAML
3 1 (25.00%) Infragistics
3 1 (25.00%) Fixed Income
3 1 (25.00%) Equities
3 1 (25.00%) Sophis
3 1 (25.00%) Banking
3 1 (25.00%) Investment Banking
3 1 (25.00%) Automated Testing

Equity Derivative
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 30 April 2016, IT contractor jobs across the Canary Wharf region citing Equity 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 Equity Derivative. Up to 20 skills are shown per category.

Database & Business Intelligence
1 2 (50.00%) KDB
2 1 (25.00%) SQL Server
General
1 1 (25.00%) Banking
1 1 (25.00%) Investment Banking
Job Titles
1 3 (75.00%) Developer
2 1 (25.00%) .NET Developer
2 1 (25.00%) Business Analyst
2 1 (25.00%) C# .NET Developer
2 1 (25.00%) C# Developer
2 1 (25.00%) C# Developer - Investment Banking
2 1 (25.00%) C++ Developer
2 1 (25.00%) C++/Java Developer
2 1 (25.00%) Java Developer
Libraries, Frameworks & Software Standards
1 1 (25.00%) .NET
1 1 (25.00%) ASP.NET
1 1 (25.00%) WCF
1 1 (25.00%) WPF
Miscellaneous
1 4 (100.00%) Derivative
2 1 (25.00%) Equities
2 1 (25.00%) Fixed Income
Processes & Methodologies
1 2 (50.00%) Analytics
1 2 (50.00%) Market Making
2 1 (25.00%) Automated Testing
2 1 (25.00%) Continuous Integration
2 1 (25.00%) Multithreading
2 1 (25.00%) MVVM
Programming Languages
1 2 (50.00%) C++
1 2 (50.00%) Java
1 2 (50.00%) Python
2 1 (25.00%) C#
2 1 (25.00%) VB.NET
2 1 (25.00%) XAML
Quality Assurance & Compliance
1 1 (25.00%) Dodd-Frank
1 1 (25.00%) EMIR
Vendors
1 1 (25.00%) Fidessa
1 1 (25.00%) Infragistics
1 1 (25.00%) Sophis