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 average contractor rates offered in IT contracts that have cited Index Arbitrage over the 3 months to 3 September 2015 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
3 Sep 2015
Same period 2014 Same period 2013
Index Arbitrage
Rank 193 - -
Rank change year-on-year
- 0
Contract jobs citing Index Arbitrage 1 0 0
As % of all contract IT jobs located in the City of London 0.019% - -
As % of the Miscellaneous category 0.050% - -
Number of daily rates quoted 0 0 0
Average daily rate
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of your Daily Rate
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- - -
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
1993 2120 2822
As % of all contract IT jobs located in the City of London 37.87% 36.04% 38.60%
Number of daily rates quoted 1586 1498 2069
Average daily rate £475 £475 £500
Average daily rate % change year-on-year
- -5.00%
90% offered a daily rate of more than £295 £300 £300
10% offered a daily rate of more than £650 £650 £625
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 35 46 64
Average hourly rate £17.99 £18.75 £20.00
Average hourly rate % change year-on-year
-4.05% -6.25%
90% offered a hourly rate of more than £12.67 £12.50 £14.50
10% offered a hourly rate of more than £24.23 £36.50 £48.00
UK excluding London average hourly rate £21.76 £20.00 £17.50
% change year-on-year
+8.81% +14.28%

Index Arbitrage
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Index Arbitrage across the City of London region as a proportion of the total demand within 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 26 Related IT Skills in the City of London

For the 6 months to 3 September 2015, IT contractor jobs across the City of London region citing Index Arbitrage 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 Index Arbitrage.

1 1 (100.00%) C#
1 1 (100.00%) Java
1 1 (100.00%) PL/SQL
1 1 (100.00%) SQL
1 1 (100.00%) Oracle
1 1 (100.00%) Windows
1 1 (100.00%) Linux
1 1 (100.00%) Change Management
1 1 (100.00%) Finance
1 1 (100.00%) Equities
1 1 (100.00%) Banking
1 1 (100.00%) Data Analysis
1 1 (100.00%) Investment Banking
1 1 (100.00%) Statistics
1 1 (100.00%) VWAP
1 1 (100.00%) Algorithmic Trading
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%) Market Making

Index Arbitrage
Top Related IT Skills in the City of London by Category

For the 6 months to 3 September 2015, IT contractor jobs across the City of London region citing Index Arbitrage 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 Index Arbitrage. Up to 20 skills are shown per category.

Database & Business Intelligence
1 1 (100.00%) KDB
General
1 1 (100.00%) Finance
1 1 (100.00%) Banking
1 1 (100.00%) Investment Banking
Job Titles
1 1 (100.00%) Developer
1 1 (100.00%) Java Developer
Miscellaneous
1 1 (100.00%) Equities
1 1 (100.00%) Statistics
1 1 (100.00%) VWAP
1 1 (100.00%) TWAP
1 1 (100.00%) Enterprise Software
1 1 (100.00%) Analytical Skills
1 1 (100.00%) Performance Metrics
Operating Systems
1 1 (100.00%) Windows
1 1 (100.00%) Linux
Processes & Methodologies
1 1 (100.00%) Change Management
1 1 (100.00%) Data Analysis
1 1 (100.00%) Algorithmic Trading
1 1 (100.00%) Multithreading
1 1 (100.00%) Electronic Trading
1 1 (100.00%) Analytics
1 1 (100.00%) Low Latency
1 1 (100.00%) Market Making
Programming Languages
1 1 (100.00%) C#
1 1 (100.00%) Java
1 1 (100.00%) PL/SQL
1 1 (100.00%) SQL
Vendors
1 1 (100.00%) Oracle