The table below looks at the prevalence of the term Interest Rate Derivative in IT contracts advertised for the Canary Wharf region. Included is a guide to the contractor rates offered in IT contracts that have cited Interest Rate Derivative over the 3 months to 24 January 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
24 Jan 2017
Same period 2016 Same period 2015
Interest Rate Derivatives
London / Canary Wharf
Rank 22 - -
Rank change year-on-year
- 0
Contract jobs citing Interest Rate Derivative 3 0 0
As % of all contract IT jobs located in Canary Wharf 2.40% - -
As % of the Miscellaneous category 4.55% - -
Number of daily rates quoted 3 0 0
Median daily rate £650 - -
UK excluding London median daily rate - - -
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
66 51 62
As % of all contract IT jobs located in Canary Wharf 52.80% 38.93% 57.94%
Number of daily rates quoted 51 43 45
Median daily rate £588 £468 £450
Median daily rate % change year-on-year
+25.66% +3.88%
90% offered a daily rate of more than £425 £271 £220
10% offered a daily rate of more than £650 £648 £703
UK excluding London median daily rate £388 £375 £365
% change year-on-year
+3.33% +2.73%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £18.50 £21.50 £17.50
% change year-on-year
-13.95% +22.85%

Interest Rate Derivative
Jobs Demand Trend in Canary Wharf

The demand trend of contract jobs across the Canary Wharf region citing Interest Rate Derivative as a proportion of all IT contracts with a match in the Miscellaneous category.

Interest Rate Derivative Jobs Demand Trend in Canary Wharf

Interest Rate Derivative
Daily Rate Trend in Canary Wharf

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

Interest Rate Derivative Daily Rate Trend in Canary Wharf

Interest Rate Derivative
Top 23 Related IT Skills in Canary Wharf

For the 6 months to 24 January 2017, IT contractor jobs citing Interest Rate Derivative 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 Interest Rate Derivative.

1 3 (100.00%) Fixed Income
1 3 (100.00%) Grid Computing
1 3 (100.00%) Java
1 3 (100.00%) Derivative
1 3 (100.00%) Multithreading
1 3 (100.00%) Scala
2 2 (66.67%) Data Ingestion
2 2 (66.67%) Multithreaded Programming
2 2 (66.67%) Akka
2 2 (66.67%) Data Structures
2 2 (66.67%) Kafka
2 2 (66.67%) Middleware
3 1 (33.33%) Market Risk
3 1 (33.33%) Electronic Trading
3 1 (33.33%) Banking
3 1 (33.33%) Data Management
3 1 (33.33%) Investment Banking
3 1 (33.33%) Software Engineering
3 1 (33.33%) Management Information System
3 1 (33.33%) Front Office
3 1 (33.33%) Risk Management
3 1 (33.33%) Finance
3 1 (33.33%) Analytical Skills

Interest Rate Derivative
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:

General
1 1 (33.33%) Banking
1 1 (33.33%) Finance
1 1 (33.33%) Front Office
1 1 (33.33%) Investment Banking
Job Titles
1 3 (100.00%) Developer
1 3 (100.00%) Java Developer
1 3 (100.00%) Java Scala Developer
1 3 (100.00%) Scala Developer
2 1 (33.33%) Front Office Developer
2 1 (33.33%) Investment Banking Java Developer
Libraries, Frameworks & Software Standards
1 2 (66.67%) Akka
1 2 (66.67%) Kafka
1 2 (66.67%) Middleware
Miscellaneous
1 3 (100.00%) Derivative
1 3 (100.00%) Fixed Income
1 3 (100.00%) Grid Computing
2 2 (66.67%) Data Structures
3 1 (33.33%) Analytical Skills
3 1 (33.33%) Management Information System
3 1 (33.33%) Market Risk
Processes & Methodologies
1 3 (100.00%) Multithreading
2 2 (66.67%) Data Ingestion
2 2 (66.67%) Multithreaded Programming
3 1 (33.33%) Data Management
3 1 (33.33%) Electronic Trading
3 1 (33.33%) Risk Management
3 1 (33.33%) Software Engineering
Programming Languages
1 3 (100.00%) Java
1 3 (100.00%) Scala