The table below looks at the prevalence of the term Index Arbitrage in IT contracts advertised for the London region. Included is a guide to the contractor rates offered in IT contracts that have cited Index Arbitrage over the 3 months to 29 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
29 Sep 2016
Same period 2015 Same period 2014
Index Arbitrage
Rank 442 437 -
Rank change year-on-year
-5 -
Contract jobs citing Index Arbitrage 1 2 0
As % of all contract IT jobs located in London 0.004% 0.009% -
As % of the Miscellaneous category 0.012% 0.023% -
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
England

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

Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
8226 8738 9231
As % of all contract IT jobs located in London 36.04% 37.35% 37.50%
Number of daily rates quoted 5782 6031 6304
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £300 £280 £275
10% offered a daily rate of more than £650 £650 £625
UK excluding London median daily rate £375 £377 £350
% change year-on-year
-0.53% +7.71%
Number of hourly rates quoted 130 162 212
Median hourly rate £17.25 £19.75 £19.00
Median hourly rate % change year-on-year
-12.65% +3.94%
90% offered a hourly rate of more than £12.00 £12.00 £13.00
10% offered a hourly rate of more than £42.65 £44.25 £45.00
UK excluding London median hourly rate £21.00 £18.88 £17.50
% change year-on-year
+11.22% +7.88%

Index Arbitrage
Jobs Demand Trend in London

The demand trend of contract jobs across the 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 London

Index Arbitrage
Daily Rate Trend in London

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

Index Arbitrage Daily Rate Trend in London

Index Arbitrage
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Index Arbitrage within the London region over the 3 months to 29 September 2016. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +12 1 £525 -
Index Arbitrage
England

Index Arbitrage
Top 30 Related IT Skills in London

For the 6 months to 29 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 London region with a requirement for Index Arbitrage.

1 2 (100.00%) Equities
2 1 (50.00%) Sophis
2 1 (50.00%) TDD
2 1 (50.00%) Retail
2 1 (50.00%) Data Management
2 1 (50.00%) Derivative
2 1 (50.00%) Equity Derivative
2 1 (50.00%) French Language
2 1 (50.00%) VWAP
2 1 (50.00%) KDB
2 1 (50.00%) Multithreading
2 1 (50.00%) Electronic Trading
2 1 (50.00%) Stakeholder Engagement
2 1 (50.00%) TWAP
2 1 (50.00%) Analytics
2 1 (50.00%) Enterprise Software
2 1 (50.00%) Low Latency
2 1 (50.00%) Mentoring
2 1 (50.00%) Coaching
2 1 (50.00%) Analytical Skills
2 1 (50.00%) People Management
2 1 (50.00%) Performance Metrics
2 1 (50.00%) Market Making
2 1 (50.00%) Tick Data
2 1 (50.00%) Fintech
2 1 (50.00%) Kdb+
2 1 (50.00%) Java
2 1 (50.00%) PRINCE2
2 1 (50.00%) E-Commerce
2 1 (50.00%) PMP

Index Arbitrage
Top Related IT Skills in 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 (50.00%) KDB
1 1 (50.00%) Kdb+
1 1 (50.00%) Tick Data
General
1 1 (50.00%) Finance
1 1 (50.00%) French Language
1 1 (50.00%) Retail
Job Titles
1 1 (50.00%) Applications Developer
1 1 (50.00%) Developer
1 1 (50.00%) Java Applications Developer
1 1 (50.00%) Java Developer
1 1 (50.00%) Project Manager
1 1 (50.00%) Senior Applications Developer
1 1 (50.00%) Senior Developer
1 1 (50.00%) Senior Java Applications Developer
1 1 (50.00%) Senior Java Developer
Miscellaneous
1 2 (100.00%) Equities
2 1 (50.00%) Analytical Skills
2 1 (50.00%) Derivative
2 1 (50.00%) Enterprise Software
2 1 (50.00%) Equity Derivative
2 1 (50.00%) Fintech
2 1 (50.00%) Performance Metrics
2 1 (50.00%) TWAP
2 1 (50.00%) VWAP
Processes & Methodologies
1 1 (50.00%) Analytics
1 1 (50.00%) Coaching
1 1 (50.00%) Data Management
1 1 (50.00%) E-Commerce
1 1 (50.00%) Electronic Trading
1 1 (50.00%) Low Latency
1 1 (50.00%) Market Making
1 1 (50.00%) Mentoring
1 1 (50.00%) Multithreading
1 1 (50.00%) People Management
1 1 (50.00%) PRINCE2
1 1 (50.00%) Project Management
1 1 (50.00%) Risk Management
1 1 (50.00%) Stakeholder Engagement
1 1 (50.00%) TDD
Programming Languages
1 1 (50.00%) Java
Qualifications
1 1 (50.00%) PMP
Vendors
1 1 (50.00%) Sophis