The table below looks at the prevalence of the term Fixed Income 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 Fixed Income over the 3 months to 27 January 2015 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.

Location
3 months to
27 Jan 2015
Same period 2014 Same period 2013
Fixed Income
Rank 20 27 41
Rank change year-on-year
+7 +14
Contract jobs citing Fixed Income 3 4 4
As % of all contract IT jobs located in Canary Wharf 2.94% 2.14% 1.15%
As % of the Miscellaneous category 5.77% 3.96% 2.61%
Number of daily rates quoted 3 4 3
Average daily rate
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£525 £538 £600
Average daily rate % change year-on-year
-2.32% -10.41%
UK excluding London average daily rate £150 £450 £369
% change year-on-year
-66.66% +22.03%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Fixed Income
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
52 101 153
As % of all contract IT jobs located in Canary Wharf 50.98% 54.01% 44.09%
Number of daily rates quoted 44 80 94
Average daily rate £450 £575 £550
Average daily rate % change year-on-year
-21.73% +4.54%
90% offered a daily rate of more than £220 £435 £438
10% offered a daily rate of more than £725 £1,000 £600
UK excluding London average daily rate £365 £350 £338
% change year-on-year
+4.28% +3.70%
Number of hourly rates quoted 0 2 0
Average hourly rate - £30.00 -
UK excluding London average hourly rate £18.38 £17.93 £20.00
% change year-on-year
+2.48% -10.35%

Fixed Income
Jobs Demand Trend in Canary Wharf

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

Fixed Income Jobs Demand Trend in Canary Wharf

Fixed Income
Daily Rate Trend in Canary Wharf

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

Fixed Income Daily Rate Trend in Canary Wharf

Fixed Income
Daily Rate Histogram in Canary Wharf

This 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 27 January 2015.

Fixed Income Daily Rate Histogram in Canary Wharf

Fixed Income
Top 30 Related IT Skills in Canary Wharf

For the 6 months to 27 January 2015, 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.

1 3 (75.00%) Java
1 3 (75.00%) Front Office
1 3 (75.00%) Finance
1 3 (75.00%) Equities
1 3 (75.00%) Banking
1 3 (75.00%) Agile Software Development
2 2 (50.00%) Investment Banking
2 2 (50.00%) QA
2 2 (50.00%) Test Automation
2 2 (50.00%) Stakeholder Management
2 2 (50.00%) Back Office
2 2 (50.00%) C
2 2 (50.00%) OO
2 2 (50.00%) JMS
2 2 (50.00%) Degree
3 1 (25.00%) Oracle Coherence
3 1 (25.00%) Data Modelling
3 1 (25.00%) SOA
3 1 (25.00%) RDBMS
3 1 (25.00%) Foreign Exchange (FX)
3 1 (25.00%) TIBCO
3 1 (25.00%) BusinessWorks
3 1 (25.00%) Middleware
3 1 (25.00%) SQL
3 1 (25.00%) .NET
3 1 (25.00%) J2EE
3 1 (25.00%) Oracle
3 1 (25.00%) OLAP
3 1 (25.00%) EJB
3 1 (25.00%) JSP

Fixed Income
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 27 January 2015, 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.

Application Platforms
1 1 (25.00%) Oracle Coherence
1 1 (25.00%) Apache Spark
1 1 (25.00%) TIBCO EMS
Business Applications
1 1 (25.00%) BusinessWorks
Database & Business Intelligence
1 1 (25.00%) RDBMS
1 1 (25.00%) OLAP
1 1 (25.00%) Hadoop
1 1 (25.00%) Apache Hive
1 1 (25.00%) HBase
1 1 (25.00%) Big Data
1 1 (25.00%) Relational Database
1 1 (25.00%) Impala
1 1 (25.00%) QlikView
1 1 (25.00%) BusinessObjects XI
1 1 (25.00%) SQL Server Analysis Services
1 1 (25.00%) InterSystems Cache
Development Applications
1 1 (25.00%) WebDriver
1 1 (25.00%) Cucumber
1 1 (25.00%) Selenium
General
1 3 (75.00%) Front Office
1 3 (75.00%) Finance
1 3 (75.00%) Banking
2 2 (50.00%) Investment Banking
2 2 (50.00%) Back Office
Job Titles
1 2 (50.00%) Java Developer
1 2 (50.00%) Developer
2 1 (25.00%) Java Architect
2 1 (25.00%) Architect
2 1 (25.00%) Programme Manager
2 1 (25.00%) Test Manager
2 1 (25.00%) Test Leader
2 1 (25.00%) SOA Architect
2 1 (25.00%) Programme Test Manager
Libraries, Frameworks & Software Standards
1 2 (50.00%) JMS
2 1 (25.00%) Middleware
2 1 (25.00%) .NET
2 1 (25.00%) J2EE
2 1 (25.00%) EJB
2 1 (25.00%) JSP
2 1 (25.00%) XML
2 1 (25.00%) HTML
2 1 (25.00%) Hibernate
2 1 (25.00%) HTML5
2 1 (25.00%) REST
2 1 (25.00%) Akka
2 1 (25.00%) Play Framework
2 1 (25.00%) WPF
2 1 (25.00%) Spring
Miscellaneous
1 3 (75.00%) Equities
2 1 (25.00%) Foreign Exchange (FX)
2 1 (25.00%) Replication
2 1 (25.00%) Credit Risk
2 1 (25.00%) Market Risk
2 1 (25.00%) Derivative
2 1 (25.00%) Credit Derivative
Operating Systems
1 1 (25.00%) Linux
Processes & Methodologies
1 3 (75.00%) Agile Software Development
2 2 (50.00%) Test Automation
2 2 (50.00%) Stakeholder Management
2 2 (50.00%) OO
3 1 (25.00%) Data Modelling
3 1 (25.00%) SOA
3 1 (25.00%) OOP
3 1 (25.00%) Risk Management
3 1 (25.00%) Workflow
3 1 (25.00%) BDD
3 1 (25.00%) Parallel Processing
3 1 (25.00%) Performance Tuning
3 1 (25.00%) Functional Programming
3 1 (25.00%) Logical Data Model
3 1 (25.00%) User Acceptance Testing
3 1 (25.00%) Test Management
3 1 (25.00%) Multithreading
3 1 (25.00%) Data Architecture
3 1 (25.00%) Greeks
3 1 (25.00%) TDD
Programming Languages
1 3 (75.00%) Java
2 2 (50.00%) C
3 1 (25.00%) SQL
3 1 (25.00%) Scala
Qualifications
1 2 (50.00%) Degree
2 1 (25.00%) Postgraduate
Quality Assurance & Compliance
1 2 (50.00%) QA
2 1 (25.00%) Basel III
2 1 (25.00%) Dodd-Frank
System Software
1 1 (25.00%) Apache Flume
Vendors
1 1 (25.00%) TIBCO
1 1 (25.00%) Oracle