The table below looks at the prevalence of the term Index Arbitrage in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Index Arbitrage over the 3 months to 28 July 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
28 Jul 2015
Same period 2014 Same period 2013
Index Arbitrage
Rank 610 - -
Rank change year-on-year
- 0
Contract jobs citing Index Arbitrage 1 0 0
As % of all contract IT jobs located in the UK 0.002% - -
As % of the Miscellaneous category 0.006% - -
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 - - -

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

Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
18080 17436 16925
As % of all contract IT jobs located in the UK 31.69% 31.87% 33.20%
Number of daily rates quoted 11387 10584 10034
Average daily rate £415 £400 £425
Average daily rate % change year-on-year
+3.75% -5.88%
90% offered a daily rate of more than £250 £238 £240
10% offered a daily rate of more than £608 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 691 668 744
Average hourly rate £19.69 £20.55 £22.00
Average hourly rate % change year-on-year
-4.17% -6.61%
90% offered a hourly rate of more than £12.25 £12.51 £12.50
10% offered a hourly rate of more than £47.83 £45.00 £42.50
UK excluding London average hourly rate £19.08 £21.63 £20.00
% change year-on-year
-11.76% +8.12%

Index Arbitrage
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Index Arbitrage within the UK as a proportion of the total demand within the Miscellaneous category.

Index Arbitrage Jobs Demand Trend in the UK

Index Arbitrage
Daily Rate Trend

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

Index Arbitrage Daily Rate Trend in the UK

Index Arbitrage
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Index Arbitrage within the UK over the 3 months to 28 July 2015. 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
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London - 1 - -
City of London - 1 - -
England - 1 - -

Index Arbitrage
Top 30 Related IT Skills

For the 6 months to 28 July 2015, IT contractor jobs within the UK 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 2 (100.00%) C#
1 2 (100.00%) Oracle
1 2 (100.00%) Windows
1 2 (100.00%) Linux
1 2 (100.00%) Banking
1 2 (100.00%) Equities
1 2 (100.00%) Algorithmic Trading
1 2 (100.00%) Multithreading
1 2 (100.00%) Low Latency
2 1 (50.00%) Relational Database
2 1 (50.00%) Analytical Skills
2 1 (50.00%) Performance Metrics
2 1 (50.00%) Market Making
2 1 (50.00%) Electronic Trading
2 1 (50.00%) TWAP
2 1 (50.00%) Analytics
2 1 (50.00%) Enterprise Software
2 1 (50.00%) KDB
2 1 (50.00%) Data Analysis
2 1 (50.00%) Investment Banking
2 1 (50.00%) Statistics
2 1 (50.00%) VWAP
2 1 (50.00%) Change Management
2 1 (50.00%) Front Office
2 1 (50.00%) Finance
2 1 (50.00%) OOP
2 1 (50.00%) SQL Server
2 1 (50.00%) Sybase
2 1 (50.00%) C++
2 1 (50.00%) Java

Index Arbitrage
Top Related IT Skills by Category

For the 6 months to 28 July 2015, IT contractor jobs within the UK 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 (50.00%) SQL Server
1 1 (50.00%) KDB
1 1 (50.00%) Relational Database
General
1 2 (100.00%) Banking
2 1 (50.00%) Investment Banking
2 1 (50.00%) Front Office
2 1 (50.00%) Finance
Job Titles
1 2 (100.00%) Developer
2 1 (50.00%) Java Developer
2 1 (50.00%) C++ Developer
Miscellaneous
1 2 (100.00%) Equities
2 1 (50.00%) Statistics
2 1 (50.00%) VWAP
2 1 (50.00%) TWAP
2 1 (50.00%) Enterprise Software
2 1 (50.00%) Analytical Skills
2 1 (50.00%) Performance Metrics
Operating Systems
1 2 (100.00%) Windows
1 2 (100.00%) Linux
Processes & Methodologies
1 2 (100.00%) Algorithmic Trading
1 2 (100.00%) Multithreading
1 2 (100.00%) Low Latency
2 1 (50.00%) Market Making
2 1 (50.00%) OOP
2 1 (50.00%) Change Management
2 1 (50.00%) Data Analysis
2 1 (50.00%) Electronic Trading
2 1 (50.00%) Analytics
Programming Languages
1 2 (100.00%) C#
2 1 (50.00%) C++
2 1 (50.00%) Java
2 1 (50.00%) PL/SQL
2 1 (50.00%) SQL
Vendors
1 2 (100.00%) Oracle
2 1 (50.00%) Sybase