The first 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 17 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the England region.

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
17 May 2013
Same period 2012 Same period 2011
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 - - -
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All of the Miscellaneous Category
England
Contract IT job ads with a match in the
Miscellaneous category
11144 13491 16543
As % of all contract IT jobs located in England 26.81% 25.29% 29.32%
Number of daily rates quoted 6882 8110 9959
Average daily rate £443 £430 £525
Average daily rate % change year-on-year
+2.90% -18.09%
90% offered a daily rate of more than £250 £260 £288
10% offered a daily rate of more than £600 £601 £650
UK excluding London average daily rate £350 £342 £340
% change year-on-year
+2.41% +0.51%
Number of hourly rates quoted 496 619 691
Average hourly rate £24.00 £23.00 £23.00
Average hourly rate % change year-on-year
+4.34% -
90% offered a hourly rate of more than £12.50 £12.50 £11.31
10% offered a hourly rate of more than £45.00 £46.50 £40.00
UK excluding London average hourly rate £22.00 £24.50 £26.50
% change year-on-year
-10.20% -7.54%
Statistical Arbitrage
UK

Statistical Arbitrage
Jobs Demand Trend

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.

England Statistical Arbitrage Jobs Demand Trend

Statistical Arbitrage
Daily Rate Trend

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

England Statistical Arbitrage Daily Rate Trend

Statistical Arbitrage
Top 5 Related IT Skills

For the 6 months to 17 May 2013, IT contractor jobs across the England region citing Statistical 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 Statistical Arbitrage.

1 1 (100.00%) Bloomberg
1 1 (100.00%) Front Office
1 1 (100.00%) Network Design
1 1 (100.00%) Velocity
1 1 (100.00%) Reference Data

Statistical Arbitrage
Top Related IT Skills by Category

For the 6 months to 17 May 2013, IT contractor jobs across the England region citing Statistical 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 Statistical Arbitrage. Up to 20 skills are shown per category.

Application Development
1 1 (100.00%) Velocity
General
1 1 (100.00%) Front Office
Job Titles
1 1 (100.00%) Network Engineer
1 1 (100.00%) Deployment Engineer
1 1 (100.00%) Configuration Engineer
Miscellaneous
1 1 (100.00%) Reference Data
Processes & Methodologies
1 1 (100.00%) Network Design
Vendors
1 1 (100.00%) Bloomberg