The table below looks at the prevalence of the term Hedge funds in IT contracts advertised for the Canary Wharf region. Included is a guide to the contractor rates offered in IT contracts that have cited Hedge funds over the 3 months to 22 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
22 Jan 2017
Same period 2016 Same period 2015
Hedge fund
London / Canary Wharf
Rank - 25 -
Contract jobs citing Hedge funds 0 1 0
As % of all contract IT jobs located in Canary Wharf - 0.75% -
As % of the Miscellaneous category - 1.89% -
Number of daily rates quoted 0 1 0
Median daily rate - £425 -
UK excluding London median daily rate £513 £288 £165
% change year-on-year
+78.26% +74.24%
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 53 63
As % of all contract IT jobs located in Canary Wharf 52.80% 39.55% 57.80%
Number of daily rates quoted 51 45 47
Median daily rate £588 £460 £450
Median daily rate % change year-on-year
+27.71% +2.22%
90% offered a daily rate of more than £425 £275 £220
10% offered a daily rate of more than £650 £648 £680
UK excluding London median daily rate £390 £375 £365
% change year-on-year
+4.00% +2.73%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £19.30 £21.50 £17.50
% change year-on-year
-10.22% +22.85%

Hedge funds
Jobs Demand Trend in Canary Wharf

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

Hedge funds Jobs Demand Trend in Canary Wharf

Hedge funds
Daily Rate Trend in Canary Wharf

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

Hedge funds Daily Rate Trend in Canary Wharf