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 21 August 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
21 Aug 2014
Same period 2013 Same period 2012
Hedge fund
Rank 175 177 137
Rank change year-on-year
+2 -40
Contract jobs citing Hedge funds 25 51 90
As % of all contract IT jobs located in the City of London 0.42% 0.70% 1.15%
As % of the Miscellaneous category 1.43% 2.16% 3.58%
Number of daily rates quoted 17 39 66
Average daily rate
Keep up to 90%
of your Daily Rate
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£525 £475 £538
Average daily rate % change year-on-year
+10.52% -11.62%
90% offered a daily rate of more than £310 £350 £319
10% offered a daily rate of more than £600 £700 £650
UK excluding London average daily rate £333 £413 £500
% change year-on-year
-19.39% -17.50%
Number of hourly rates quoted 0 2 1
Average hourly rate - £14.50 £23.00
Average hourly rate % change year-on-year
- -36.95%
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
1752 2359 2514
As % of all contract IT jobs located in the City of London 29.77% 32.54% 32.15%
Number of daily rates quoted 1229 1716 1903
Average daily rate £475 £500 £500
Average daily rate % change year-on-year
-5.00% -
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £650 £643 £650
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 42 60 57
Average hourly rate £17.68 £19.75 £19.75
Average hourly rate % change year-on-year
-10.46% -
90% offered a hourly rate of more than £12.50 £14.50 £12.20
10% offered a hourly rate of more than £33.05 £46.00 £32.58
UK excluding London average hourly rate £18.88 £17.50 £29.00
% change year-on-year
+7.85% -39.65%

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 21 August 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 21 August 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 36 (75.00%) Finance
2 23 (47.92%) SQL
3 22 (45.83%) Banking
4 16 (33.33%) C#
5 14 (29.17%) Agile Software Development
5 14 (29.17%) Asset Management
6 13 (27.08%) SQL Server
6 13 (27.08%) Investment Banking
7 12 (25.00%) .NET
8 9 (18.75%) Linux
9 8 (16.67%) Front Office
9 8 (16.67%) Software Engineering
10 7 (14.58%) Degree
10 7 (14.58%) QA
10 7 (14.58%) Analytics
11 6 (12.50%) C++
11 6 (12.50%) T-SQL
11 6 (12.50%) Oracle
11 6 (12.50%) Sybase
11 6 (12.50%) Python
11 6 (12.50%) TDD
11 6 (12.50%) Mathematics
11 6 (12.50%) Risk Analytics
12 5 (10.42%) MSMQ
12 5 (10.42%) Validation
12 5 (10.42%) SQL Server Reporting Services
12 5 (10.42%) Computer Science
12 5 (10.42%) KDB
12 5 (10.42%) Multithreading
12 5 (10.42%) SQL Server 2008

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

For the 6 months to 21 August 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 (6.25%) IIS
2 1 (2.08%) Oracle Coherence
2 1 (2.08%) GemFire
Applications
1 3 (6.25%) MS Excel
2 1 (2.08%) Spreadsheet
Business Applications
1 1 (2.08%) HiPortfolio
1 1 (2.08%) MultiFonds
1 1 (2.08%) Markit EDM
Cloud Services
1 1 (2.08%) SaaS
Communications & Networking
1 1 (2.08%) Multicast
Database & Business Intelligence
1 13 (27.08%) SQL Server
2 5 (10.42%) SQL Server Reporting Services
2 5 (10.42%) KDB
2 5 (10.42%) SQL Server 2008
3 4 (8.33%) MongoDB
4 3 (6.25%) QlikView
4 3 (6.25%) Relational Database
5 2 (4.17%) Data Warehouse
6 1 (2.08%) SQL Server Analysis Services
6 1 (2.08%) SQL Server 2012
6 1 (2.08%) Hazelcast
6 1 (2.08%) SQL Server Integration Services
6 1 (2.08%) MS Access
Development Applications
1 3 (6.25%) Maven
2 2 (4.17%) JIRA
General
1 36 (75.00%) Finance
2 22 (45.83%) Banking
3 13 (27.08%) Investment Banking
4 8 (16.67%) Front Office
5 2 (4.17%) Financial Institution
6 1 (2.08%) Legal
6 1 (2.08%) Games
6 1 (2.08%) German Language
Job Titles
1 32 (66.67%) Developer
2 8 (16.67%) Analyst
3 6 (12.50%) SQL Developer
3 6 (12.50%) Python Developer
4 5 (10.42%) Software Engineer
4 5 (10.42%) QA Specialist
4 5 (10.42%) Software Developer
4 5 (10.42%) Business Analyst
4 5 (10.42%) Test Specialist
5 3 (6.25%) C++ Developer
5 3 (6.25%) Report Developer
5 3 (6.25%) Banking Business Analyst
6 2 (4.17%) .NET Developer
6 2 (4.17%) QlikView Developer
6 2 (4.17%) C# Developer
6 2 (4.17%) Desktop Support
6 2 (4.17%) Project Manager
6 2 (4.17%) Business Developer
6 2 (4.17%) Support Analyst
7 1 (2.08%) Applications Support
Libraries, Frameworks & Software Standards
1 12 (25.00%) .NET
2 5 (10.42%) MSMQ
3 4 (8.33%) ASP.NET
3 4 (8.33%) SciPy
3 4 (8.33%) NumPy
3 4 (8.33%) Pandas
4 3 (6.25%) REST
4 3 (6.25%) AngularJS
4 3 (6.25%) Esper
4 3 (6.25%) Pyramid
4 3 (6.25%) XML
4 3 (6.25%) XSL
4 3 (6.25%) Boost C++ Libraries
4 3 (6.25%) SOAP
4 3 (6.25%) STL
5 2 (4.17%) Web Services
6 1 (2.08%) CSS
6 1 (2.08%) WinForms
6 1 (2.08%) .NET Framework
6 1 (2.08%) FIX Protocol
Miscellaneous
1 6 (12.50%) Mathematics
2 5 (10.42%) Computer Science
3 4 (8.33%) Fixed Income
3 4 (8.33%) Derivative
3 4 (8.33%) Open Source
4 3 (6.25%) Market Risk
4 3 (6.25%) Data Extraction
4 3 (6.25%) Visualisation
4 3 (6.25%) Foreign Exchange (FX)
5 2 (4.17%) Credit Risk
5 2 (4.17%) Interest Rate Derivative
6 1 (2.08%) Statistics
6 1 (2.08%) Mobile Games
6 1 (2.08%) CLARiiON
6 1 (2.08%) Celerra
6 1 (2.08%) Video Conferencing
6 1 (2.08%) iPad
6 1 (2.08%) Client/Server
Operating Systems
1 9 (18.75%) Linux
2 4 (8.33%) UNIX
2 4 (8.33%) Windows
3 3 (6.25%) Solaris
4 1 (2.08%) Red Hat Enterprise Linux
Processes & Methodologies
1 14 (29.17%) Agile Software Development
1 14 (29.17%) Asset Management
2 8 (16.67%) Software Engineering
3 7 (14.58%) Analytics
4 6 (12.50%) Risk Analytics
4 6 (12.50%) TDD
5 5 (10.42%) Validation
5 5 (10.42%) Multithreading
5 5 (10.42%) Test Automation
6 4 (8.33%) OO
6 4 (8.33%) Business Analysis
6 4 (8.33%) Refactoring
7 3 (6.25%) Wealth Management
7 3 (6.25%) Unit Testing
7 3 (6.25%) Continuous Integration
7 3 (6.25%) Migration
8 2 (4.17%) Stakeholder Management
8 2 (4.17%) Data Modelling
8 2 (4.17%) Business Intelligence
8 2 (4.17%) Data Transformation
Programming Languages
1 23 (47.92%) SQL
2 16 (33.33%) C#
3 6 (12.50%) C++
3 6 (12.50%) T-SQL
3 6 (12.50%) Python
4 4 (8.33%) JavaScript
5 3 (6.25%) Java
5 3 (6.25%) VBA
6 1 (2.08%) VB.NET
6 1 (2.08%) Perl
Qualifications
1 7 (14.58%) Degree
2 3 (6.25%) ISEB
Quality Assurance & Compliance
1 7 (14.58%) QA
2 4 (8.33%) MiFID
3 3 (6.25%) FATCA
4 2 (4.17%) ISO 9001
5 1 (2.08%) EMIR
5 1 (2.08%) Dodd-Frank
5 1 (2.08%) AIFMD
System Software
1 2 (4.17%) VMware Infrastructure
2 1 (2.08%) VMware ESX
Systems Management
1 2 (4.17%) HP Quality Center
Vendors
1 6 (12.50%) Oracle
1 6 (12.50%) Sybase
2 4 (8.33%) Bloomberg
3 2 (4.17%) VMware
3 2 (4.17%) Business Objects
3 2 (4.17%) Microsoft
4 1 (2.08%) HP
4 1 (2.08%) EMC
4 1 (2.08%) Citrix
4 1 (2.08%) Red Hat
4 1 (2.08%) Reuters
4 1 (2.08%) Cisco
4 1 (2.08%) ION Trading
4 1 (2.08%) Syncfusion
4 1 (2.08%) Tradeweb
4 1 (2.08%) MarketAxess
4 1 (2.08%) Charles River
4 1 (2.08%) Infragistics
City, London
Aston Carter
Rate: £500 - £600 per annum
Posted: 6 hours ago
City of London
Hays IT - Uk Posting account
Rate: £700.00 per day
Posted: 14 hours ago
City of London
Huxley Associates
Rate: £400 - £600 per day
Posted: Yesterday
City, London
Harrington Starr
Rate: £700 per day
Posted: Yesterday
City, London
Thebes IT
Posted: 2 days ago
City, London
Evolution Recruitment Solutions
Rate: Market Rate
Posted: 2 days ago
City, London
Harrington Starr
Rate: £500 - £700 per day
Posted: 3 days ago
City of London
Real Staffing
Rate: £400 - £450 per day
Posted: 9 days ago
City of London
Huxley Associates
Rate: £450 - £600 per day
Posted: 23 days ago