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 contractor rates offered in IT contracts that have cited Fixed Income over the 3 months to 25 February 2017 with a comparison to the same period over 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
25 Feb 2017
Same period 2016 Same period 2015
Fixed Income
London / Canary Wharf
Rank 20 20 19
Rank change year-on-year
0 -1
Contract jobs citing Fixed Income 5 3 2
As % of all contract IT jobs located in Canary Wharf 4.00% 2.40% 2.13%
As % of the Miscellaneous category 8.20% 6.67% 3.77%
Number of daily rates quoted 4 1 2
Median daily rate £625 £460 £538
Median daily rate % change year-on-year
+35.86% -14.41%
90% offered a daily rate of more than £495 £460 £488
10% offered a daily rate of more than £650 £460 £588
UK excluding London median daily rate £650 £425 £145
% change year-on-year
+52.94% +193.10%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
61 45 53
As % of all contract IT jobs located in Canary Wharf 48.80% 36.00% 56.38%
Number of daily rates quoted 37 40 38
Median daily rate £575 £475 £475
Median daily rate % change year-on-year
+21.05% -
90% offered a daily rate of more than £425 £342 £425
10% offered a daily rate of more than £650 £685 £705
UK excluding London median daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £17.50 £22.50 £18.00
% change year-on-year
-22.22% +25.00%

Fixed Income
Jobs Demand Trend in Canary Wharf

The demand trend of contract jobs across the Canary Wharf region citing Fixed Income as a proportion of all IT contracts with a match in 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 25 February 2017.

Fixed Income Daily Rate Histogram in Canary Wharf

Fixed Income
Top 30 Related IT Skills in Canary Wharf

For the 6 months to 25 February 2017, IT contractor jobs citing Fixed Income also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Canary Wharf region with a requirement for Fixed Income.

1 10 (58.82%) Foreign Exchange (FX)
1 10 (58.82%) Equities
2 9 (52.94%) Middleware
2 9 (52.94%) Java
2 9 (52.94%) Derivative
3 7 (41.18%) MiFID
3 7 (41.18%) Reference Data
4 6 (35.29%) Scala
4 6 (35.29%) DTCC
4 6 (35.29%) Multithreading
4 6 (35.29%) Test Strategy
4 6 (35.29%) Banking
4 6 (35.29%) Investment Banking
4 6 (35.29%) Legal
4 6 (35.29%) ASIC
4 6 (35.29%) DSL
4 6 (35.29%) FpML
4 6 (35.29%) EMIR
5 4 (23.53%) Front Office
5 4 (23.53%) Data Structures
6 3 (17.65%) Multithreaded Programming
6 3 (17.65%) Risk Management
6 3 (17.65%) Grid Computing
6 3 (17.65%) Akka
6 3 (17.65%) Interest Rate Derivative
7 2 (11.76%) Business Analysis
7 2 (11.76%) Mathematics
7 2 (11.76%) Kafka
7 2 (11.76%) Finance
7 2 (11.76%) Linux

Fixed Income
Top Related IT Skills in Canary Wharf by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (5.88%) DataSynapse
1 1 (5.88%) Oracle Coherence
Communications & Networking
1 6 (35.29%) DSL
Database & Business Intelligence
1 1 (5.88%) Apache Cassandra
1 1 (5.88%) DB2
1 1 (5.88%) Hazelcast
1 1 (5.88%) Infinispan
1 1 (5.88%) KDB
General
1 6 (35.29%) Banking
1 6 (35.29%) Investment Banking
1 6 (35.29%) Legal
2 4 (23.53%) Front Office
3 2 (11.76%) Finance
3 2 (11.76%) Prime Brokerage
4 1 (5.88%) Back Office
4 1 (5.88%) German Language
Job Titles
1 8 (47.06%) Analyst
1 8 (47.06%) Business Analyst
1 8 (47.06%) Developer
1 8 (47.06%) Java Developer
2 7 (41.18%) Senior Analyst
2 7 (41.18%) Senior Business Analyst
3 6 (35.29%) Report Analyst
3 6 (35.29%) Senior Reporting Analyst
4 5 (29.41%) Java Scala Developer
4 5 (29.41%) Scala Developer
5 3 (17.65%) Investment Banking Java Developer
6 2 (11.76%) Front Office Developer
7 1 (5.88%) Front Office Business Analyst
7 1 (5.88%) MiFID Project Manager
7 1 (5.88%) Project Manager
7 1 (5.88%) Senior Developer
7 1 (5.88%) Senior Investment Banking Java Developer
7 1 (5.88%) Senior Java Developer
7 1 (5.88%) Senior Java Scala Developer
7 1 (5.88%) Senior Scala Developer
Libraries, Frameworks & Software Standards
1 9 (52.94%) Middleware
2 6 (35.29%) FpML
3 3 (17.65%) Akka
4 2 (11.76%) Kafka
5 1 (5.88%) HTML
5 1 (5.88%) HTML5
Miscellaneous
1 10 (58.82%) Equities
1 10 (58.82%) Foreign Exchange (FX)
2 9 (52.94%) Derivative
3 7 (41.18%) Reference Data
4 6 (35.29%) ASIC
4 6 (35.29%) DTCC
5 4 (23.53%) Data Structures
6 3 (17.65%) Grid Computing
6 3 (17.65%) Interest Rate Derivative
7 2 (11.76%) Analytical Skills
8 1 (5.88%) Algorithms
8 1 (5.88%) Computer Science
8 1 (5.88%) Credit Derivative
8 1 (5.88%) Management Information System
8 1 (5.88%) Market Risk
8 1 (5.88%) OTC Derivatives
Operating Systems
1 2 (11.76%) Linux
2 1 (5.88%) Unix
2 1 (5.88%) Windows
Processes & Methodologies
1 6 (35.29%) Multithreading
1 6 (35.29%) Test Strategy
2 3 (17.65%) Multithreaded Programming
2 3 (17.65%) Risk Management
3 2 (11.76%) Business Analysis
3 2 (11.76%) Data Ingestion
3 2 (11.76%) Mathematics
3 2 (11.76%) SDLC
4 1 (5.88%) Continuous Integration
4 1 (5.88%) Data Management
4 1 (5.88%) Data Modelling
4 1 (5.88%) Electronic Trading
4 1 (5.88%) Logical Data Model
4 1 (5.88%) Mathematical Modelling
4 1 (5.88%) Physics
4 1 (5.88%) Project Management
4 1 (5.88%) Software Engineering
4 1 (5.88%) Stakeholder Management
4 1 (5.88%) Unit Testing
Programming Languages
1 9 (52.94%) Java
2 6 (35.29%) Scala
3 2 (11.76%) SQL
4 1 (5.88%) C#
4 1 (5.88%) JavaScript
4 1 (5.88%) Python
Qualifications
1 1 (5.88%) Degree
Quality Assurance & Compliance
1 7 (41.18%) MiFID
2 6 (35.29%) EMIR
System Software
1 1 (5.88%) Platform Symphony
Vendors
1 1 (5.88%) Informatica
1 1 (5.88%) Oracle
1 1 (5.88%) Sybase