The first 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 17 April 2014 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.

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 Apr 2014
Same period 2013 Same period 2012
Index Arbitrage
Rank 584 - -
Rank change year-on-year
- 0
Contract jobs citing Index Arbitrage 4 0 0
As % of all contract IT jobs located in the UK 0.007% - -
As % of the Miscellaneous category 0.028% - -
Number of daily rates quoted 2 0 0
Average daily rate £425 - -
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
14301 12230 14881
As % of all contract IT jobs located in the UK 25.38% 25.59% 24.55%
Number of daily rates quoted 8825 7369 8656
Average daily rate £415 £425 £425
Average daily rate % change year-on-year
-2.35% -
90% offered a daily rate of more than £225 £240 £250
10% offered a daily rate of more than £625 £600 £625
UK excluding London average daily rate £350 £341 £350
% change year-on-year
+2.56% -2.50%
Number of hourly rates quoted 571 628 770
Average hourly rate £20.00 £22.00 £25.00
Average hourly rate % change year-on-year
-9.09% -12.00%
90% offered a hourly rate of more than £11.50 £12.42 £12.00
10% offered a hourly rate of more than £41.00 £42.50 £45.00
UK excluding London average hourly rate £17.50 £21.96 £25.00
% change year-on-year
-20.30% -12.16%

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 26 Related IT Skills

For the 6 months to 17 April 2014, 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 4 (80.00%) Derivative
1 4 (80.00%) Equity Derivative
2 3 (60.00%) Equities
2 3 (60.00%) Multithreading
3 2 (40.00%) Ext JS
3 2 (40.00%) Scala
3 2 (40.00%) HTML5
3 2 (40.00%) Sencha
3 2 (40.00%) Finance
3 2 (40.00%) Graphic Design
3 2 (40.00%) CSS
3 2 (40.00%) Linux
3 2 (40.00%) J2SE
3 2 (40.00%) HTML
3 2 (40.00%) Java
3 2 (40.00%) JavaScript
4 1 (20.00%) .NET
4 1 (20.00%) SQL Server
4 1 (20.00%) Front Office
4 1 (20.00%) FIX Protocol
4 1 (20.00%) WCF
4 1 (20.00%) LINQ
4 1 (20.00%) C#
4 1 (20.00%) Banking
4 1 (20.00%) Investment Banking
4 1 (20.00%) MVVM

Index Arbitrage
Top Related IT Skills by Category

For the 6 months to 17 April 2014, 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 (20.00%) SQL Server
General
1 2 (40.00%) Finance
2 1 (20.00%) Banking
2 1 (20.00%) Investment Banking
2 1 (20.00%) Front Office
Job Titles
1 4 (80.00%) Developer
2 2 (40.00%) Front-End Developer
2 2 (40.00%) Scala Developer
Libraries, Frameworks & Software Standards
1 2 (40.00%) CSS
1 2 (40.00%) J2SE
1 2 (40.00%) HTML
1 2 (40.00%) Ext JS
1 2 (40.00%) HTML5
2 1 (20.00%) .NET
2 1 (20.00%) FIX Protocol
2 1 (20.00%) WCF
2 1 (20.00%) LINQ
Miscellaneous
1 4 (80.00%) Derivative
1 4 (80.00%) Equity Derivative
2 3 (60.00%) Equities
3 2 (40.00%) Graphic Design
Operating Systems
1 2 (40.00%) Linux
Processes & Methodologies
1 3 (60.00%) Multithreading
2 1 (20.00%) MVVM
Programming Languages
1 2 (40.00%) Java
1 2 (40.00%) JavaScript
1 2 (40.00%) Scala
2 1 (20.00%) C#
Vendors
1 2 (40.00%) Sencha