The table below looks at the prevalence of the term Statistical Arbitrage in IT contracts advertised for the England region. Included is a guide to the average contractor rates offered in IT contracts that have cited Statistical Arbitrage over the 3 months to 22 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
22 Aug 2014
Same period 2013 Same period 2012
Statistical Arbitrage
Rank - - -
Contract jobs citing Statistical Arbitrage 0 0 0
As % of all contract IT jobs located in England - - -
As % of the Miscellaneous category - - -
Number of daily rates quoted 0 0 0
Average 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 - - -
Statistical Arbitrage
UK

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

Miscellaneous Category
England
Contract IT job ads with a match in the
Miscellaneous category
13318 13007 13591
As % of all contract IT jobs located in England 26.13% 26.73% 25.59%
Number of daily rates quoted 8065 8115 8051
Average daily rate £425 £425 £425
90% offered a daily rate of more than £250 £250 £250
10% offered a daily rate of more than £600 £600 £601
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 577 564 721
Average hourly rate £18.00 £19.50 £25.73
Average hourly rate % change year-on-year
-7.69% -24.21%
90% offered a hourly rate of more than £12.44 £12.34 £12.00
10% offered a hourly rate of more than £40.00 £42.50 £45.00
UK excluding London average hourly rate £19.00 £17.50 £29.00
% change year-on-year
+8.57% -39.65%

Statistical Arbitrage
Jobs Demand Trend in England

This chart provides a 3-month moving total of IT contractor jobs citing Statistical Arbitrage across the England region as a proportion of the total demand within the Miscellaneous category.

Statistical Arbitrage Jobs Demand Trend in England

Statistical Arbitrage
Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Statistical Arbitrage across the England region.

Statistical Arbitrage Daily Rate Trend in England