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 June 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
London / Canary Wharf
3 months to
22 Jun 2017
Same period 2016 Same period 2015
Rank 20 19 20
Rank change year-on-year -1 +1  
Contract jobs citing Derivative 2 4 10
As % of all contract IT jobs advertised in Canary Wharf 1.87% 3.25% 6.02%
As % of the Miscellaneous category 4.17% 8.70% 13.33%
Number of daily rates quoted 2 4 10
Median daily rate £665 £600 £513
Median daily rate % change year-on-year +10.83% +17.07%  
90% offered a daily rate of more than £597 £583 £224
10% offered a daily rate of more than £733 £600 £555
UK excluding London median daily rate £500 £320 £425
% change year-on-year +56.25% -24.70%  
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 48 46 75
As % of all contract IT job vacancies advertised in Canary Wharf 44.86% 37.40% 45.18%
Number of daily rates quoted 38 31 55
Median daily rate £575 £500 £475
Median daily rate % change year-on-year +15.00% +5.26%  
90% offered a daily rate of more than £450 £359 £348
10% offered a daily rate of more than £750 £615 £550
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.02% +3.53%  
Number of hourly rates quoted 0 0 2
Median hourly rate - - £12.50
UK excluding London median hourly rate £25.00 £22.75 £18.69
% change year-on-year +9.89% +21.72%  

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 June 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 22 June 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 7 (70.00%) Java
2 6 (60.00%) Fixed Income
3 4 (40.00%) Front Office
3 4 (40.00%) SQL
3 4 (40.00%) Banking
3 4 (40.00%) Investment Banking
3 4 (40.00%) Scala
4 3 (30.00%) OTC Derivatives
4 3 (30.00%) Multithreaded Programming
4 3 (30.00%) Data Structures
4 3 (30.00%) Akka
4 3 (30.00%) Multithreading
4 3 (30.00%) Business Analysis
4 3 (30.00%) DB2
4 3 (30.00%) Unix
4 3 (30.00%) Grid Computing
4 3 (30.00%) Middleware
5 2 (20.00%) Risk Management
5 2 (20.00%) Finance
5 2 (20.00%) Legal
5 2 (20.00%) Stakeholder Management
5 2 (20.00%) Perforce
5 2 (20.00%) Scrum
5 2 (20.00%) C#
5 2 (20.00%) Shell Script
5 2 (20.00%) OOA/OOD
5 2 (20.00%) OO
5 2 (20.00%) Ant
5 2 (20.00%) SOAP
5 2 (20.00%) XML

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 (10.00%) DataSynapse
1 1 (10.00%) Oracle Coherence
Database & Business Intelligence
1 3 (30.00%) DB2
2 2 (20.00%) Relational Database
3 1 (10.00%) Apache Cassandra
3 1 (10.00%) Hazelcast
3 1 (10.00%) Infinispan
Development Applications
1 2 (20.00%) Ant
1 2 (20.00%) Git (software)
1 2 (20.00%) Gradle
1 2 (20.00%) Hudson
1 2 (20.00%) Jenkins
1 2 (20.00%) Maven
General
1 4 (40.00%) Banking
1 4 (40.00%) Front Office
1 4 (40.00%) Investment Banking
2 2 (20.00%) Finance
2 2 (20.00%) Legal
3 1 (10.00%) German Language
Job Titles
1 8 (80.00%) Developer
2 6 (60.00%) Java Developer
3 4 (40.00%) Investment Banking Java Developer
3 4 (40.00%) Java Scala Developer
3 4 (40.00%) Scala Developer
4 3 (30.00%) Analyst
5 2 (20.00%) Business Analyst
5 2 (20.00%) Core Java Developer
5 2 (20.00%) Front Office Developer
5 2 (20.00%) SQL Developer
5 2 (20.00%) Unix Developer
6 1 (10.00%) Analyst Developer
6 1 (10.00%) C# Developer
6 1 (10.00%) Excel Developer
6 1 (10.00%) Front Office Business Analyst
6 1 (10.00%) Senior Analyst
6 1 (10.00%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 3 (30.00%) Akka
1 3 (30.00%) Middleware
2 2 (20.00%) JSON
2 2 (20.00%) Kafka
2 2 (20.00%) Protocol Buffers
2 2 (20.00%) SOAP
2 2 (20.00%) Spring
2 2 (20.00%) XML
Miscellaneous
1 6 (60.00%) Fixed Income
2 3 (30.00%) Data Structures
2 3 (30.00%) Grid Computing
2 3 (30.00%) OTC Derivatives
3 2 (20.00%) Interest Rate Derivative
4 1 (10.00%) Algorithms
4 1 (10.00%) Analytical Skills
4 1 (10.00%) Credit Derivative
4 1 (10.00%) Equities
4 1 (10.00%) Equity Derivative
4 1 (10.00%) Foreign Exchange (FX)
4 1 (10.00%) Reference Data
Operating Systems
1 3 (30.00%) Unix
2 1 (10.00%) Windows
Processes & Methodologies
1 3 (30.00%) Business Analysis
1 3 (30.00%) Multithreaded Programming
1 3 (30.00%) Multithreading
2 2 (20.00%) Agile Software Development
2 2 (20.00%) Anti-Money Laundering
2 2 (20.00%) Data Ingestion
2 2 (20.00%) Enterprise Architecture
2 2 (20.00%) OO
2 2 (20.00%) OOA/OOD
2 2 (20.00%) Refactoring
2 2 (20.00%) Risk Management
2 2 (20.00%) Scrum
2 2 (20.00%) Stakeholder Management
3 1 (10.00%) Continuous Integration
3 1 (10.00%) Data Modelling
3 1 (10.00%) DNA
3 1 (10.00%) Project Management
3 1 (10.00%) Regression Testing
3 1 (10.00%) Test Strategy
3 1 (10.00%) Unit Testing
Programming Languages
1 7 (70.00%) Java
2 4 (40.00%) Scala
2 4 (40.00%) SQL
3 2 (20.00%) C#
3 2 (20.00%) Shell Script
Quality Assurance & Compliance
1 2 (20.00%) Dodd-Frank
1 2 (20.00%) EMIR
1 2 (20.00%) MiFID
System Software
1 1 (10.00%) Platform Symphony
Vendors
1 2 (20.00%) Perforce
2 1 (10.00%) Informatica
2 1 (10.00%) Oracle
2 1 (10.00%) Sybase