The table below looks at the prevalence of the term Index Arbitrage in IT contracts advertised for the City of London region. Included is a guide to the contractor rates offered in IT contracts that have cited Index Arbitrage over the 3 months to 30 September 2016 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
30 Sep 2016
Same period 2015 Same period 2014
Index Arbitrage
Rank 171 187 -
Rank change year-on-year
+16 -
Contract jobs citing Index Arbitrage 1 1 0
As % of all contract IT jobs located in the City of London 0.029% 0.022% -
As % of the Miscellaneous category 0.071% 0.056% -
Number of daily rates quoted 1 0 0
Median daily rate £525 - -
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Index Arbitrage
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
1403 1789 2191
As % of all contract IT jobs located in the City of London 41.04% 38.82% 37.15%
Number of daily rates quoted 1095 1410 1584
Median daily rate £475 £475 £470
Median daily rate % change year-on-year
- +1.06%
90% offered a daily rate of more than £324 £295 £300
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £375 £380 £350
% change year-on-year
-1.31% +8.57%
Number of hourly rates quoted 10 29 53
Median hourly rate £17.25 £17.98 £18.50
Median hourly rate % change year-on-year
-4.06% -2.81%
90% offered a hourly rate of more than £12.50 £12.00 £12.50
10% offered a hourly rate of more than £45.25 £27.00 £34.13
UK excluding London median hourly rate £21.16 £19.00 £17.50
% change year-on-year
+11.34% +8.57%

Index Arbitrage
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Index Arbitrage as a proportion of all IT contracts with a match in the Miscellaneous category.

Index Arbitrage Jobs Demand Trend in the City of London

Index Arbitrage
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 Index Arbitrage across the City of London region.

Index Arbitrage Daily Rate Trend in the City of London

Index Arbitrage
Top 18 Related IT Skills in the City of London

For the 6 months to 30 September 2016, IT contractor jobs citing Index Arbitrage 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 City of London region with a requirement for Index Arbitrage.

1 1 (100.00%) Java
1 1 (100.00%) Finance
1 1 (100.00%) Equities
1 1 (100.00%) TDD
1 1 (100.00%) Data Management
1 1 (100.00%) VWAP
1 1 (100.00%) KDB
1 1 (100.00%) Multithreading
1 1 (100.00%) Electronic Trading
1 1 (100.00%) TWAP
1 1 (100.00%) Analytics
1 1 (100.00%) Enterprise Software
1 1 (100.00%) Low Latency
1 1 (100.00%) Analytical Skills
1 1 (100.00%) Performance Metrics
1 1 (100.00%) Tick Data
1 1 (100.00%) Fintech
1 1 (100.00%) Kdb+

Index Arbitrage
Top Related IT Skills in the City of London 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 1 (100.00%) KDB
1 1 (100.00%) Kdb+
1 1 (100.00%) Tick Data
General
1 1 (100.00%) Finance
Job Titles
1 1 (100.00%) Applications Developer
1 1 (100.00%) Developer
1 1 (100.00%) Java Applications Developer
1 1 (100.00%) Java Developer
1 1 (100.00%) Senior Applications Developer
1 1 (100.00%) Senior Developer
1 1 (100.00%) Senior Java Applications Developer
1 1 (100.00%) Senior Java Developer
Miscellaneous
1 1 (100.00%) Analytical Skills
1 1 (100.00%) Enterprise Software
1 1 (100.00%) Equities
1 1 (100.00%) Fintech
1 1 (100.00%) Performance Metrics
1 1 (100.00%) TWAP
1 1 (100.00%) VWAP
Processes & Methodologies
1 1 (100.00%) Analytics
1 1 (100.00%) Data Management
1 1 (100.00%) Electronic Trading
1 1 (100.00%) Low Latency
1 1 (100.00%) Multithreading
1 1 (100.00%) TDD
Programming Languages
1 1 (100.00%) Java