The table below looks at the prevalence of the term Statistical Arbitrage in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Statistical Arbitrage over the 3 months to 3 December 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
3 Dec 2016
Same period 2015 Same period 2014
Statistical Arbitrage
Rank - - 635
Contract jobs citing Statistical Arbitrage 0 0 2
As % of all contract IT jobs located in the UK - - 0.003%
As % of the Miscellaneous category - - 0.011%
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
16138 18509 18235
As % of all contract IT jobs located in the UK 32.63% 33.44% 31.64%
Number of daily rates quoted 10432 11626 11544
Median daily rate £430 £425 £408
Median daily rate % change year-on-year
+1.17% +4.29%
90% offered a daily rate of more than £247 £250 £238
10% offered a daily rate of more than £625 £625 £600
UK excluding London median daily rate £377 £385 £363
% change year-on-year
-2.14% +6.20%
Number of hourly rates quoted 576 792 769
Median hourly rate £19.00 £20.00 £17.00
Median hourly rate % change year-on-year
-5.00% +17.64%
90% offered a hourly rate of more than £12.00 £12.07 £11.00
10% offered a hourly rate of more than £45.00 £45.00 £42.50
UK excluding London median hourly rate £18.75 £19.50 £16.84
% change year-on-year
-3.84% +15.79%

Statistical Arbitrage
Jobs Demand Trend

The demand trend of contract jobs citing Statistical Arbitrage as a proportion of all IT contracts with a match in the Miscellaneous category.

Statistical Arbitrage Jobs Demand Trend in the UK

Statistical Arbitrage
Daily Rate Trend

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

Statistical Arbitrage Daily Rate Trend in the UK

Statistical Arbitrage
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Statistical Arbitrage within the UK.

Statistical Arbitrage Hourly Rate Trend in the UK