Period
to 18 November 2017

The table below looks at the prevalence of the term Derivative in contract job vacancies advertised in Canary Wharf. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Derivative over the 6 months to 18 November 2017 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Derivatives
Tower Hamlets > Canary Wharf
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank 37 28 36
Rank change year-on-year -9 +8 -1
Contract jobs citing Derivative 8 11 13
As % of all contract IT jobs advertised in Canary Wharf 2.93% 3.48% 3.34%
As % of the Miscellaneous category 5.52% 7.75% 7.69%
Number of daily rates quoted 6 8 9
Canary Wharf median daily rate £525 £544 £550
Median daily rate % change year-on-year -3.45% -1.14% +10.00%
10th Percentile £320 £425 £395
90th Percentile £694 £633 £600
Tower Hamlets median daily rate £600 £520 £548
% change year-on-year +15.38% -5.02% +9.50%
Number of hourly rates quoted 0 0 0
Canary Wharf median hourly rate - - -
Tower Hamlets median hourly rate - - -

Derivative is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Canary Wharf with a requirement for generic IT skills.

All Generic IT Skills
Canary Wharf
Contract vacancies with a requirement for generic IT skills 145 142 169
As % of all contract IT jobs advertised in Canary Wharf 53.11% 44.94% 43.44%
Number of daily rates quoted 107 91 115
Canary Wharf median daily rate £500 £450 £475
Median daily rate % change year-on-year +11.11% -5.26% +18.75%
10th Percentile £274 £300 £263
90th Percentile £650 £638 £600
Tower Hamlets median daily rate £500 £450 £500
% change year-on-year +11.11% -10.00% +11.11%
Number of hourly rates quoted 1 1 1
Canary Wharf median hourly rate £15.50 £12.00 £35.75
Median hourly rate % change year-on-year +29.17% -66.43% +98.61%
10th Percentile £13.75 £12.00 £31.63
90th Percentile £17.25 £12.00 £39.88
Tower Hamlets median hourly rate £15.50 £12.00 £35.75
% change year-on-year +29.17% -66.43% +98.61%

Derivative
Job Vacancy Trend in Canary Wharf

Job postings citing Derivative as a percentage of all IT jobs advertised in Canary Wharf.

Job vacancy trend for Derivative in Canary Wharf

Derivative
Contractor Daily Rate Trend in Canary Wharf

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

Contractor daily rate trend for Derivative in Canary Wharf

Derivative
Contractor Daily Rate Histogram in Canary Wharf

The daily rate distribution of IT jobs citing Derivative in Canary Wharf over the 6 months to 18 November 2017.

Contractor daily rate histogram for Derivative in Canary Wharf

Derivative
Contractor Hourly Rate Trend in Canary Wharf

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

Contractor hourly rate trend for Derivative in Canary Wharf

For the 6 months to 18 November 2017, IT contractor jobs citing 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 Derivative.

1 5 (62.50%) Fixed Income
2 4 (50.00%) Equities
2 4 (50.00%) Banking
3 3 (37.50%) Business Analysis
3 3 (37.50%) Investment Banking
3 3 (37.50%) Scala
3 3 (37.50%) Java
4 2 (25.00%) Foreign Exchange (FX)
4 2 (25.00%) Front Office
4 2 (25.00%) Risk Management
4 2 (25.00%) Finance
4 2 (25.00%) SQL
4 2 (25.00%) Linux
4 2 (25.00%) FIX Protocol
4 2 (25.00%) QA
4 2 (25.00%) Agile Software Development
4 2 (25.00%) Unit Testing
4 2 (25.00%) Continuous Integration
4 2 (25.00%) Multithreading
4 2 (25.00%) Git (software)
4 2 (25.00%) SDLC
4 2 (25.00%) OTC Derivatives
5 1 (12.50%) Virtual Team
5 1 (12.50%) Multithreaded Programming
5 1 (12.50%) FIX Connectivity
5 1 (12.50%) Linux Command Line
5 1 (12.50%) Trade Surveillance
5 1 (12.50%) Anti-Money Laundering
5 1 (12.50%) Test Automation
5 1 (12.50%) Electronic Trading

Derivative
Co-occurring 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 (12.50%) DataSynapse
1 1 (12.50%) Oracle Coherence
Communications & Networking
1 1 (12.50%) FIX Connectivity
Database & Business Intelligence
1 1 (12.50%) Apache Cassandra
1 1 (12.50%) DB2
1 1 (12.50%) Hazelcast
1 1 (12.50%) Infinispan
1 1 (12.50%) RDBMS
1 1 (12.50%) Relational Database
Development Applications
1 2 (25.00%) Git (software)
2 1 (12.50%) Ant
2 1 (12.50%) Gradle
2 1 (12.50%) Jenkins
2 1 (12.50%) NuGet
2 1 (12.50%) Visual Studio
General
1 4 (50.00%) Banking
2 3 (37.50%) Investment Banking
3 2 (25.00%) Finance
3 2 (25.00%) Front Office
4 1 (12.50%) Legal
Job Titles
1 5 (62.50%) Analyst
1 5 (62.50%) Business Analyst
2 3 (37.50%) Developer
3 2 (25.00%) Derivatives Business Analyst
3 2 (25.00%) FX Business Analyst
3 2 (25.00%) Investment Banking Java Developer
3 2 (25.00%) Java Developer
3 2 (25.00%) Senior Analyst
3 2 (25.00%) Senior Business Analyst
4 1 (12.50%) C# Developer - Investment Banking
4 1 (12.50%) C++ Developer
4 1 (12.50%) Finance Business Analyst
4 1 (12.50%) Fixed Income Business Analyst
4 1 (12.50%) Front Office Business Analyst
4 1 (12.50%) Investment Banking C++ Developer
4 1 (12.50%) Java Scala Developer
4 1 (12.50%) Linux Developer
4 1 (12.50%) Product Business Analyst
4 1 (12.50%) Product Control Business Analyst
4 1 (12.50%) Scala Developer
Libraries, Frameworks & Software Standards
1 2 (25.00%) FIX Protocol
2 1 (12.50%) .NET
2 1 (12.50%) Akka
2 1 (12.50%) LINQ
2 1 (12.50%) Middleware
2 1 (12.50%) Unity DI Container
2 1 (12.50%) WPF
2 1 (12.50%) XML
Miscellaneous
1 5 (62.50%) Fixed Income
2 4 (50.00%) Equities
3 2 (25.00%) Foreign Exchange (FX)
3 2 (25.00%) OTC Derivatives
4 1 (12.50%) Data Structures
4 1 (12.50%) Equity Derivative
4 1 (12.50%) Grid Computing
4 1 (12.50%) Linux Command Line
4 1 (12.50%) N-Tier
4 1 (12.50%) PMI
4 1 (12.50%) Virtual Team
Operating Systems
1 2 (25.00%) Linux
2 1 (12.50%) Unix
2 1 (12.50%) Windows
Processes & Methodologies
1 3 (37.50%) Business Analysis
2 2 (25.00%) Agile Software Development
2 2 (25.00%) Continuous Integration
2 2 (25.00%) Multithreading
2 2 (25.00%) Risk Management
2 2 (25.00%) SDLC
2 2 (25.00%) Unit Testing
3 1 (12.50%) Anti-Money Laundering
3 1 (12.50%) Configuration Management
3 1 (12.50%) Continuous Delivery
3 1 (12.50%) Data Modelling
3 1 (12.50%) ETL
3 1 (12.50%) Logical Data Model
3 1 (12.50%) Multithreaded Programming
3 1 (12.50%) MVVM
3 1 (12.50%) OOD
3 1 (12.50%) Root Cause Analysis
3 1 (12.50%) Trade Surveillance
3 1 (12.50%) User Stories
3 1 (12.50%) Workflow
Programming Languages
1 3 (37.50%) Java
1 3 (37.50%) Scala
2 2 (25.00%) SQL
3 1 (12.50%) C#
3 1 (12.50%) C++
3 1 (12.50%) Perl
3 1 (12.50%) Python
Qualifications
1 1 (12.50%) IIBA
1 1 (12.50%) PMI Certification
Quality Assurance & Compliance
1 2 (25.00%) QA
2 1 (12.50%) Data Quality
2 1 (12.50%) Dodd-Frank
2 1 (12.50%) EMIR
2 1 (12.50%) MiFID
System Software
1 1 (12.50%) Platform Symphony
Vendors
1 1 (12.50%) Perforce
1 1 (12.50%) Sybase