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This section looks at the demand for Fixed Income skills within the Canary Wharf region with a comparison to our Miscellaneous category. Included is a guide to the contractor rates offered in IT jobs that have cited Fixed Income over the 3 months to 25 July 2008 with a comparison to the same period last year.

LinkFixed Income
Location
3 months to 25 Jul 2008Same period last year
Rank2618
Rank change on same period last yearDown-8
Matching contract IT job ads2042
As % of all UK contract IT job ads sampled0.027 %0.042 %
As % of the category below13.51 %20.39 %
Daily rates quoted1022
Average minimum daily rate£495£504
Average daily rate£523£548
% change on same period last year-4.72 %
Average maximum daily rate£550£593
UK excluding London average daily rate£656£386
% change on same period last year+69.86 %
Hourly rates quoted00
Average minimum hourly rate--
Average hourly rate--
% change on same period last year-
Average maximum hourly rate--
UK excluding London average hourly rate-£27.50
% change on same period last year-
Canary Wharf IT Contractor Job Market, MiscellaneousMiscellaneous
Canary Wharf
Matching contract IT job ads148206
As % of all UK contract IT job ads sampled0.197 %0.208 %
Daily rates quoted8088
Average minimum daily rate£512£477
Average daily rate£542£503
% change on same period last year+7.76 %
Average maximum daily rate£573£530
UK excluding London average daily rate£352£354
% change on same period last year-0.56 %
Hourly rates quoted92
Average minimum hourly rate£45.00£15.00
Average hourly rate£45.43£17.00
% change on same period last year+167.26 %
Average maximum hourly rate£45.87£19.00
UK excluding London average hourly rate£24.44£29.20
% change on same period last year-16.30 %
Fixed Income LondonFixed Income
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.

Fixed Income
Demand Trend

The chart provides a 3-month moving total beginning in 2004 of IT contractor jobs citing Fixed Income across the Canary Wharf region as a proportion of the total demand within the Miscellaneous category.

Canary Wharf Fixed Income Demand Trend

Fixed Income
Daily Rate Trend

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

Canary Wharf Fixed Income Daily Rate Trend

Fixed Income
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Fixed Income across the Canary Wharf region over the 3 months to 25 July 2008.

Canary Wharf Fixed Income Daily Rate Histogram

Fixed Income
Hourly Rate Trend

The chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Fixed Income across the Canary Wharf region.

Canary Wharf Fixed Income Hourly Rate Trend

Fixed Income
Top 30 Related IT Skills

For the 6 months to 25 July 2008, IT contractor jobs across the Canary Wharf region citing Fixed Income 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 Fixed Income.

127 (52.94 %)Derivative
219 (37.25 %)Front Office
314 (27.45 %)Risk Management
410 (19.61 %)Government
410 (19.61 %)Finance
410 (19.61 %)User Acceptance Testing
59 (17.65 %)Banking
59 (17.65 %)Foreign Exchange (FX)
68 (15.69 %)C++
68 (15.69 %)SQL
68 (15.69 %)ION Trading
77 (13.73 %)Interest Rate Derivative
77 (13.73 %)Equities
86 (11.76 %)Investment Banking
95 (9.804 %)Electronic Trading
95 (9.804 %)SQL Server
95 (9.804 %)XML
95 (9.804 %)Back Office
104 (7.843 %)Project Management
104 (7.843 %)STL
104 (7.843 %)Java
104 (7.843 %)Degree
104 (7.843 %)Equity Derivative
113 (5.882 %)Requirements Analysis
113 (5.882 %)Asset Management
113 (5.882 %)Tradeweb
113 (5.882 %)Oracle
113 (5.882 %)HTML
113 (5.882 %)C#
113 (5.882 %)UML

Fixed Income
Top Related IT Skills by Category

For the 6 months to 25 July 2008, IT contractor jobs across the Canary Wharf region citing Fixed Income 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 Fixed Income. Up to 20 skills are shown per category.

Canary Wharf IT Contractor Job Market, Application DevelopmentApplication Development
15 (9.804 %)XML
24 (7.843 %)STL
33 (5.882 %)HTML
33 (5.882 %)FpML
42 (3.922 %)CSS
42 (3.922 %).NET
51 (1.961 %)J2EE
51 (1.961 %)WebServices
51 (1.961 %)CORBA
51 (1.961 %)Swing
51 (1.961 %)J2SE
51 (1.961 %)Middleware
Canary Wharf IT Contractor Job Market, Application PlatformsApplication Platforms
12 (3.922 %)Apache
21 (1.961 %)WebLogic
Canary Wharf IT Contractor Job Market, ApplicationsApplications
11 (1.961 %)MS Excel
Canary Wharf IT Contractor Job Market, Business ApplicationsBusiness Applications
12 (3.922 %)FRONT ARENA
21 (1.961 %)Global One
Canary Wharf IT Contractor Job Market, Database & Business IntelligenceDatabase & Business Intelligence
15 (9.804 %)SQL Server
23 (5.882 %)Datawarehouse
31 (1.961 %)RDBMS
31 (1.961 %)Oracle 10g
31 (1.961 %)PostgreSQL
Canary Wharf IT Contractor Job Market, Development ApplicationsDevelopment Applications
13 (5.882 %)RequisitePro
21 (1.961 %)NUnit
21 (1.961 %)CruiseControl
21 (1.961 %)JUnit
21 (1.961 %)ClearCase
Canary Wharf IT Contractor Job Market, GeneralGeneral
119 (37.25 %)Front Office
210 (19.61 %)Finance
210 (19.61 %)Government
39 (17.65 %)Banking
46 (11.76 %)Investment Banking
55 (9.804 %)Back Office
62 (3.922 %)Construction
71 (1.961 %)Health
Canary Wharf IT Contractor Job Market, Job TitlesJob Titles
125 (49.02 %)Analyst
217 (33.33 %)Business Analyst
311 (21.57 %)Project Manager
410 (19.61 %)Developer
54 (7.843 %)IT Manager
54 (7.843 %)IT Project Manager
63 (5.882 %)Technical Business Analyst
63 (5.882 %)Senior Analyst
63 (5.882 %)Technical Analyst
63 (5.882 %)C++ Developer
63 (5.882 %)Test Manager
72 (3.922 %)Test Analyst
72 (3.922 %)Analyst Programmer
72 (3.922 %)Programmer
72 (3.922 %)Java Developer
72 (3.922 %)FRONT ARENA Developer
72 (3.922 %)SQL Developer
72 (3.922 %)Project Analyst
81 (1.961 %)SQL Server Developer
81 (1.961 %)PHP Developer
Canary Wharf IT Contractor Job Market, MiscellaneousMiscellaneous
127 (52.94 %)Derivative
29 (17.65 %)Foreign Exchange (FX)
37 (13.73 %)Equities
37 (13.73 %)Interest Rate Derivative
44 (7.843 %)Equity Derivative
52 (3.922 %)Swaptions
52 (3.922 %)Multithreading
61 (1.961 %)Market Risk
61 (1.961 %)Statistics
61 (1.961 %)Mathematics
61 (1.961 %)Computer Science
Canary Wharf IT Contractor Job Market, Operating SystemsOperating Systems
12 (3.922 %)UNIX
12 (3.922 %)Linux
21 (1.961 %)SUSE
Canary Wharf IT Contractor Job Market, Processes & MethodologiesProcesses & Methodologies
114 (27.45 %)Risk Management
210 (19.61 %)User Acceptance Testing
35 (9.804 %)Electronic Trading
44 (7.843 %)Project Management
53 (5.882 %)Asset Management
53 (5.882 %)Requirements Analysis
53 (5.882 %)Workflow
53 (5.882 %)PRINCE
53 (5.882 %)UML
53 (5.882 %)RUP
62 (3.922 %)Programme Management
62 (3.922 %)Performance Testing
62 (3.922 %)Test Management
62 (3.922 %)Investment Management
71 (1.961 %)Test Scripting
71 (1.961 %)Project Planning
71 (1.961 %)E-Commerce
71 (1.961 %)OO
71 (1.961 %)Configuration Management
71 (1.961 %)Migration
Canary Wharf IT Contractor Job Market, Programming LanguagesProgramming Languages
18 (15.69 %)C++
18 (15.69 %)SQL
24 (7.843 %)Java
33 (5.882 %)C#
42 (3.922 %)PHP
42 (3.922 %)JavaScript
42 (3.922 %)VBA
42 (3.922 %)Python
51 (1.961 %)Korn
51 (1.961 %)Perl
51 (1.961 %)C
Canary Wharf IT Contractor Job Market, QualificationsQualifications
14 (7.843 %)Degree
Canary Wharf IT Contractor Job Market, Quality Assurance & ComplianceQuality Assurance & Compliance
11 (1.961 %)Basel II
11 (1.961 %)QA
Canary Wharf IT Contractor Job Market, VendorsVendors
18 (15.69 %)ION Trading
23 (5.882 %)Tradeweb
23 (5.882 %)Oracle
31 (1.961 %)Sybase
31 (1.961 %)IBM
31 (1.961 %)Microsoft
31 (1.961 %)Murex
31 (1.961 %)Calypso
31 (1.961 %)TIBCO
31 (1.961 %)Bloomberg
31 (1.961 %)eSpeed
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