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 3 months to 22 March 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.

3 months to
22 Mar 2017
Same period 2016 Same period 2015
Derivatives
London / Canary Wharf
Rank 19 22 22
Rank change year-on-year +3 0  
Contract jobs citing Derivative 8 4 3
As % of all contract IT jobs advertised in Canary Wharf 6.06% 3.23% 2.80%
As % of the Miscellaneous category 13.33% 9.09% 5.00%
Number of daily rates quoted 7 4 3
Median daily rate £600 £551 £550
Median daily rate % change year-on-year +8.84% +0.22%  
90% offered a daily rate of more than £540 £420 £530
10% offered a daily rate of more than £650 £671 £630
UK excluding London median daily rate £500 £313 £463
% change year-on-year +60.00% -32.43%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Derivative is in the generic IT skills category. The next 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.

Generic IT Skills
Canary Wharf
Contract job vacancies with a requirement for generic IT skills 60 44 60
As % of all contract IT job vacancies advertised in Canary Wharf 45.45% 35.48% 56.07%
Number of daily rates quoted 35 39 35
Median daily rate £575 £478 £500
Median daily rate % change year-on-year +20.41% -4.50%  
90% offered a daily rate of more than £375 £351 £294
10% offered a daily rate of more than £650 £685 £673
UK excluding London median daily rate £395 £375 £375
% change year-on-year +5.40% -  
Number of hourly rates quoted 0 1 0
Median hourly rate - £26.00 -
UK excluding London median hourly rate £19.00 £30.00 £18.50
% change year-on-year -36.66% +62.16%  

Derivative
Job Vacancy Trend in Canary Wharf

The job posting trend of jobs advertised in Canary Wharf citing Derivative as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

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 3 months to 22 March 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 hourly rates quoted in IT contractor jobs citing Derivative in Canary Wharf.

Contractor hourly rate trend for Derivative in Canary Wharf

Derivative
Top 30 Related IT Skills in Canary Wharf

For the 6 months to 22 March 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 11 (61.11%) Java
2 10 (55.56%) Banking
3 8 (44.44%) Investment Banking
3 8 (44.44%) Fixed Income
4 6 (33.33%) Front Office
4 6 (33.33%) Finance
5 5 (27.78%) Unix
5 5 (27.78%) Multithreading
5 5 (27.78%) Scala
6 4 (22.22%) MiFID
6 4 (22.22%) Grid Computing
6 4 (22.22%) SQL
6 4 (22.22%) DB2
7 3 (16.67%) SDLC
7 3 (16.67%) OTC Derivatives
7 3 (16.67%) Risk Management
7 3 (16.67%) Foreign Exchange (FX)
7 3 (16.67%) Shell Script
7 3 (16.67%) Linux
7 3 (16.67%) Equities
7 3 (16.67%) Agile Software Development
7 3 (16.67%) Business Analysis
7 3 (16.67%) Interest Rate Derivative
8 2 (11.11%) Enterprise Architecture
8 2 (11.11%) Refactoring
8 2 (11.11%) JSON
8 2 (11.11%) KDB
8 2 (11.11%) Electronic Trading
8 2 (11.11%) Spring
8 2 (11.11%) Maven

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:

Database & Business Intelligence
1 4 (22.22%) DB2
2 2 (11.11%) KDB
2 2 (11.11%) Relational Database
Development Applications
1 2 (11.11%) Ant
1 2 (11.11%) Git (software)
1 2 (11.11%) Gradle
1 2 (11.11%) Hudson
1 2 (11.11%) Jenkins
1 2 (11.11%) Maven
General
1 10 (55.56%) Banking
2 8 (44.44%) Investment Banking
3 6 (33.33%) Finance
3 6 (33.33%) Front Office
4 2 (11.11%) Legal
4 2 (11.11%) Prime Brokerage
5 1 (5.56%) German Language
Job Titles
1 14 (77.78%) Developer
2 10 (55.56%) Java Developer
3 5 (27.78%) Analyst
4 4 (22.22%) Business Analyst
4 4 (22.22%) Core Java Developer
4 4 (22.22%) Front Office Developer
4 4 (22.22%) Investment Banking Java Developer
4 4 (22.22%) Java Scala Developer
4 4 (22.22%) Scala Developer
5 3 (16.67%) Unix Developer
6 2 (11.11%) KDB Developer
6 2 (11.11%) SQL Developer
7 1 (5.56%) Analyst Developer
7 1 (5.56%) C# Developer
7 1 (5.56%) C++ Developer
7 1 (5.56%) Front Office Business Analyst
7 1 (5.56%) Linux Developer
7 1 (5.56%) Senior Analyst
7 1 (5.56%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 2 (11.11%) Akka
1 2 (11.11%) JSON
1 2 (11.11%) Kafka
1 2 (11.11%) Middleware
1 2 (11.11%) Protocol Buffers
1 2 (11.11%) SOAP
1 2 (11.11%) Spring
1 2 (11.11%) XML
2 1 (5.56%) Boost C++ Libraries
2 1 (5.56%) FIX Protocol
Miscellaneous
1 8 (44.44%) Fixed Income
2 4 (22.22%) Grid Computing
3 3 (16.67%) Equities
3 3 (16.67%) Foreign Exchange (FX)
3 3 (16.67%) Interest Rate Derivative
3 3 (16.67%) OTC Derivatives
4 2 (11.11%) Analytical Skills
4 2 (11.11%) Data Structures
5 1 (5.56%) Algorithms
5 1 (5.56%) Credit Derivative
5 1 (5.56%) Equity Derivative
5 1 (5.56%) Management Information System
5 1 (5.56%) Market Risk
5 1 (5.56%) Reference Data
Operating Systems
1 5 (27.78%) Unix
2 3 (16.67%) Linux
3 1 (5.56%) Windows
Processes & Methodologies
1 5 (27.78%) Multithreading
2 3 (16.67%) Agile Software Development
2 3 (16.67%) Business Analysis
2 3 (16.67%) Risk Management
2 3 (16.67%) SDLC
3 2 (11.11%) Anti-Money Laundering
3 2 (11.11%) Data Ingestion
3 2 (11.11%) Electronic Trading
3 2 (11.11%) Enterprise Architecture
3 2 (11.11%) Multithreaded Programming
3 2 (11.11%) OO
3 2 (11.11%) OOA/OOD
3 2 (11.11%) Portfolio Management
3 2 (11.11%) Refactoring
3 2 (11.11%) Scrum
3 2 (11.11%) Stakeholder Management
4 1 (5.56%) Data Modelling
4 1 (5.56%) Project Management
4 1 (5.56%) Regression Testing
4 1 (5.56%) Software Engineering
Programming Languages
1 11 (61.11%) Java
2 5 (27.78%) Scala
3 4 (22.22%) SQL
4 3 (16.67%) Shell Script
5 2 (11.11%) C#
6 1 (5.56%) C++
6 1 (5.56%) Perl
6 1 (5.56%) Python
Quality Assurance & Compliance
1 4 (22.22%) MiFID
2 2 (11.11%) Dodd-Frank
2 2 (11.11%) EMIR
Vendors
1 2 (11.11%) Perforce
1 2 (11.11%) Sybase
2 1 (5.56%) Informatica
2 1 (5.56%) Oracle