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 average contractor rates offered in IT contracts that have cited Index Arbitrage over the 3 months to 5 February 2016 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
5 Feb 2016
Same period 2015 Same period 2014
Index Arbitrage
Rank - - -
Contract jobs citing Index Arbitrage 0 0 0
As % of all contract IT jobs located in London - - -
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 - - -
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
7568 7531 8236
As % of all contract IT jobs located in London 35.79% 36.15% 38.12%
Number of daily rates quoted 5293 5276 5595
Average daily rate £475 £450 £450
Average daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £285 £288 £252
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £375 £373 £350
% change year-on-year
+0.67% +6.42%
Number of hourly rates quoted 134 147 160
Average hourly rate £20.00 £20.00 £23.50
Average hourly rate % change year-on-year
- -14.89%
90% offered a hourly rate of more than £13.00 £13.50 £13.50
10% offered a hourly rate of more than £42.50 £37.00 £52.50
UK excluding London average hourly rate £24.00 £17.50 £17.50
% change year-on-year
+37.14% -

Index Arbitrage
Jobs Demand Trend in London

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