The table below looks at the prevalence of the term Hedge funds in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Hedge funds over the 3 months to 24 October 2014 with a comparison to the same period in 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.

Location
3 months to
24 Oct 2014
Same period 2013 Same period 2012
Hedge fund
Rank 182 171 156
Rank change year-on-year
-11 -15
Contract jobs citing Hedge funds 25 51 64
As % of all contract IT jobs located in the City of London 0.42% 0.70% 0.91%
As % of the Miscellaneous category 1.21% 1.85% 2.39%
Number of daily rates quoted 19 38 52
Average daily rate
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of your Daily Rate
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£540 £550 £525
Average daily rate % change year-on-year
-1.81% +4.76%
90% offered a daily rate of more than £370 £350 £274
10% offered a daily rate of more than £730 £700 £650
UK excluding London average daily rate £400 £150 £369
% change year-on-year
+166.66% -59.32%
Number of hourly rates quoted 0 2 0
Average hourly rate - £19.25 -
UK excluding London average hourly rate - - -
Hedge funds
London

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the City of London region.

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
2072 2762 2679
As % of all contract IT jobs located in the City of London 34.63% 37.99% 37.99%
Number of daily rates quoted 1565 2082 1977
Average daily rate £466 £475 £498
Average daily rate % change year-on-year
-2.00% -4.52%
90% offered a daily rate of more than £285 £300 £275
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £351 £350 £350
% change year-on-year
+0.30% -
Number of hourly rates quoted 35 52 66
Average hourly rate £16.00 £19.50 £22.50
Average hourly rate % change year-on-year
-17.94% -13.33%
90% offered a hourly rate of more than £10.50 £13.50 £12.90
10% offered a hourly rate of more than £22.00 £32.75 £41.20
UK excluding London average hourly rate £17.50 £18.00 £21.00
% change year-on-year
-2.77% -14.28%

Hedge funds
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Hedge funds across the City of London region as a proportion of the total demand within the Miscellaneous category.

Hedge funds Jobs Demand Trend in the City of London

Hedge funds
Daily Rate Trend in the City of London

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

Hedge funds Daily Rate Trend in the City of London

Hedge funds
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Hedge funds across the City of London region over the 3 months to 24 October 2014.

Hedge funds Daily Rate Histogram in the City of London

Hedge funds
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Hedge funds across the City of London region.

Hedge funds Hourly Rate Trend in the City of London

Hedge funds
Top 30 Related IT Skills in the City of London

For the 6 months to 24 October 2014, IT contractor jobs across the City of London region citing Hedge funds also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Hedge funds.

1 38 (71.70%) Finance
2 26 (49.06%) SQL
3 17 (32.08%) Banking
4 14 (26.42%) Asset Management
4 14 (26.42%) Investment Banking
5 12 (22.64%) SQL Server
6 11 (20.75%) C#
6 11 (20.75%) Agile Software Development
7 9 (16.98%) UNIX
8 8 (15.09%) Windows
8 8 (15.09%) .NET
8 8 (15.09%) Foreign Exchange (FX)
8 8 (15.09%) Financial Institution
9 7 (13.21%) Front Office
9 7 (13.21%) Fixed Income
9 7 (13.21%) T-SQL
9 7 (13.21%) C++
9 7 (13.21%) Java
9 7 (13.21%) Analytical Skills
10 6 (11.32%) SQL Server Reporting Services
10 6 (11.32%) Business Analysis
10 6 (11.32%) Derivative
10 6 (11.32%) Degree
10 6 (11.32%) QA
10 6 (11.32%) Oracle
10 6 (11.32%) Linux
10 6 (11.32%) Python
10 6 (11.32%) TDD
10 6 (11.32%) Risk Management
11 5 (9.43%) Bloomberg

Hedge funds
Top Related IT Skills in the City of London by Category

For the 6 months to 24 October 2014, IT contractor jobs across the City of London region citing Hedge funds also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Hedge funds. Up to 20 skills are shown per category.

Application Platforms
1 3 (5.66%) IIS
2 2 (3.77%) Blackberry Enterprise Server
3 1 (1.89%) Oracle Workflow
3 1 (1.89%) WebSphere
3 1 (1.89%) Oracle Coherence
3 1 (1.89%) GemFire
3 1 (1.89%) WebLogic
Applications
1 5 (9.43%) MS Excel
2 3 (5.66%) MS Office
3 1 (1.89%) MS Project
3 1 (1.89%) MS PowerPoint
Business Applications
1 2 (3.77%) assyst
2 1 (1.89%) Markit EDM
2 1 (1.89%) HiPortfolio
2 1 (1.89%) MultiFonds
Communications & Networking
1 2 (3.77%) VPN
1 2 (3.77%) Internet
1 2 (3.77%) Wireless
2 1 (1.89%) LAN
2 1 (1.89%) VoIP
2 1 (1.89%) WAN
Database & Business Intelligence
1 12 (22.64%) SQL Server
2 6 (11.32%) SQL Server Reporting Services
3 5 (9.43%) Data Warehouse
4 4 (7.55%) SQL Server 2008
4 4 (7.55%) Relational Database
5 2 (3.77%) SQL Server 2012
5 2 (3.77%) ObjectStore
5 2 (3.77%) Star Schema
5 2 (3.77%) SQL Server Integration Services
5 2 (3.77%) QlikView
6 1 (1.89%) BusinessObjects XI
6 1 (1.89%) Oracle Reports
6 1 (1.89%) Hazelcast
6 1 (1.89%) Oracle Database
6 1 (1.89%) Oracle Exadata
Development Applications
1 3 (5.66%) JIRA
2 1 (1.89%) Team Foundation Server
2 1 (1.89%) Ant
2 1 (1.89%) Maven
General
1 38 (71.70%) Finance
2 17 (32.08%) Banking
3 14 (26.42%) Investment Banking
4 8 (15.09%) Financial Institution
5 7 (13.21%) Front Office
6 2 (3.77%) Back Office
7 1 (1.89%) Telecoms
7 1 (1.89%) German Language
7 1 (1.89%) Legal
7 1 (1.89%) Games
Job Titles
1 32 (60.38%) Developer
2 8 (15.09%) Analyst
3 7 (13.21%) SQL Developer
4 5 (9.43%) Python Developer
5 4 (7.55%) C++ Developer
6 3 (5.66%) Software Engineer
6 3 (5.66%) Business Developer
6 3 (5.66%) Software Developer
6 3 (5.66%) Project Manager
6 3 (5.66%) Business Analyst
6 3 (5.66%) Desktop Support
6 3 (5.66%) Applications Support
6 3 (5.66%) Test Specialist
6 3 (5.66%) Report Developer
6 3 (5.66%) QA Specialist
7 2 (3.77%) QlikView Developer
7 2 (3.77%) Service Analyst
7 2 (3.77%) .NET Developer
7 2 (3.77%) Support Analyst
7 2 (3.77%) Development Manager
Libraries, Frameworks & Software Standards
1 8 (15.09%) .NET
2 4 (7.55%) SOAP
2 4 (7.55%) XML
3 3 (5.66%) XSL
3 3 (5.66%) MSMQ
3 3 (5.66%) ASP.NET
3 3 (5.66%) REST
4 2 (3.77%) HTML
4 2 (3.77%) Akka
4 2 (3.77%) STL
4 2 (3.77%) Web Services
4 2 (3.77%) Boost C++ Libraries
5 1 (1.89%) HTML5
5 1 (1.89%) RabbitMQ
5 1 (1.89%) CSS
5 1 (1.89%) J2EE
5 1 (1.89%) WebSphere MQ
5 1 (1.89%) Middleware
5 1 (1.89%) OLE
5 1 (1.89%) LAMP
Miscellaneous
1 8 (15.09%) Foreign Exchange (FX)
2 7 (13.21%) Fixed Income
2 7 (13.21%) Analytical Skills
3 6 (11.32%) Derivative
4 4 (7.55%) Mathematics
4 4 (7.55%) Computer Science
5 3 (5.66%) Market Risk
5 3 (5.66%) Data Extraction
5 3 (5.66%) Equities
5 3 (5.66%) User Experience
6 2 (3.77%) Interest Rate Derivative
6 2 (3.77%) Blackberry
6 2 (3.77%) Handset
7 1 (1.89%) Mobile Games
7 1 (1.89%) CLARiiON
7 1 (1.89%) Clustering
7 1 (1.89%) Inversion of Control
7 1 (1.89%) iPad
7 1 (1.89%) Celerra
7 1 (1.89%) Video Conferencing
Operating Systems
1 9 (16.98%) UNIX
2 8 (15.09%) Windows
3 6 (11.32%) Linux
4 3 (5.66%) Solaris
4 3 (5.66%) Windows 7
5 2 (3.77%) Windows XP
6 1 (1.89%) Red Hat Enterprise Linux
Processes & Methodologies
1 14 (26.42%) Asset Management
2 11 (20.75%) Agile Software Development
3 6 (11.32%) TDD
3 6 (11.32%) Risk Management
3 6 (11.32%) Business Analysis
4 4 (7.55%) Multithreading
4 4 (7.55%) Analytics
4 4 (7.55%) Risk Analytics
5 3 (5.66%) Software Engineering
5 3 (5.66%) Test Automation
5 3 (5.66%) Validation
5 3 (5.66%) Migration
5 3 (5.66%) RAD
6 2 (3.77%) Data Modelling
6 2 (3.77%) SOA
6 2 (3.77%) Business Intelligence
6 2 (3.77%) OO
6 2 (3.77%) Scrum
6 2 (3.77%) Data Management
6 2 (3.77%) Investment Management
Programming Languages
1 26 (49.06%) SQL
2 11 (20.75%) C#
3 7 (13.21%) C++
3 7 (13.21%) Java
3 7 (13.21%) T-SQL
4 6 (11.32%) Python
5 4 (7.55%) JavaScript
6 3 (5.66%) VBA
7 2 (3.77%) Groovy
7 2 (3.77%) Scala
7 2 (3.77%) Shell Script
8 1 (1.89%) Ruby
8 1 (1.89%) VB.NET
8 1 (1.89%) Bash Shell
8 1 (1.89%) R
Qualifications
1 6 (11.32%) Degree
2 1 (1.89%) ISEB
Quality Assurance & Compliance
1 6 (11.32%) QA
2 3 (5.66%) SLA
3 1 (1.89%) MiFID
3 1 (1.89%) FATCA
3 1 (1.89%) Dodd-Frank
3 1 (1.89%) ISO 9001
System Software
1 3 (5.66%) VMware Infrastructure
2 2 (3.77%) Active Directory
3 1 (1.89%) VMware ESX
3 1 (1.89%) Oracle RAC
Systems Management
1 2 (3.77%) HP Quality Center
2 1 (1.89%) Puppet
Vendors
1 6 (11.32%) Oracle
2 5 (9.43%) Bloomberg
3 3 (5.66%) VMware
3 3 (5.66%) Sybase
3 3 (5.66%) Microsoft
4 2 (3.77%) Calypso
4 2 (3.77%) Business Objects
4 2 (3.77%) ION Trading
4 2 (3.77%) Altiris
4 2 (3.77%) Tradeweb
4 2 (3.77%) MarketAxess
5 1 (1.89%) DevExpress
5 1 (1.89%) Tableau
5 1 (1.89%) Remedy
5 1 (1.89%) Charles River
5 1 (1.89%) Cisco
5 1 (1.89%) IBM
5 1 (1.89%) HP
5 1 (1.89%) EMC
5 1 (1.89%) Citrix
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