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 average contractor rates offered in IT contracts that have cited Statistical Arbitrage over the 3 months to 4 September 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
4 Sep 2015
Same period 2014 Same period 2013
Statistical Arbitrage
Rank 632 - -
Rank change year-on-year
- 0
Contract jobs citing Statistical Arbitrage 1 0 0
As % of all contract IT jobs located in the UK 0.002% - -
As % of the Miscellaneous category 0.005% - -
Number of daily rates quoted 0 0 0
Average 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
18754 17991 17104
As % of all contract IT jobs located in the UK 32.09% 32.21% 32.81%
Number of daily rates quoted 11771 10808 10374
Average daily rate £425 £400 £415
Average daily rate % change year-on-year
+6.25% -3.61%
90% offered a daily rate of more than £250 £240 £250
10% offered a daily rate of more than £620 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 732 749 700
Average hourly rate £21.50 £20.00 £18.95
Average hourly rate % change year-on-year
+7.50% +5.54%
90% offered a hourly rate of more than £12.00 £12.46 £12.42
10% offered a hourly rate of more than £45.00 £45.00 £43.00
UK excluding London average hourly rate £21.50 £20.00 £17.50
% change year-on-year
+7.50% +14.28%

Statistical Arbitrage
Jobs Demand Trend

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

Statistical Arbitrage
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Statistical Arbitrage within the UK over the 3 months to 4 September 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 - -
England - 1 - -

Statistical Arbitrage
Top 19 Related IT Skills

For the 6 months to 4 September 2015, IT contractor jobs within the UK citing Statistical 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 Statistical Arbitrage.

1 1 (100.00%) Java
1 1 (100.00%) E-Commerce
1 1 (100.00%) Foreign Exchange (FX)
1 1 (100.00%) Front Office
1 1 (100.00%) Scrum
1 1 (100.00%) Fixed Income
1 1 (100.00%) Agile Software Development
1 1 (100.00%) TDD
1 1 (100.00%) Software Engineering
1 1 (100.00%) Quantitative Analysis
1 1 (100.00%) Index Arbitrage
1 1 (100.00%) Algorithmic Trading
1 1 (100.00%) Continuous Integration
1 1 (100.00%) Electronic Trading
1 1 (100.00%) Kanban
1 1 (100.00%) BDD
1 1 (100.00%) Low Latency
1 1 (100.00%) Ultra-Low Latency
1 1 (100.00%) Market Making

Statistical Arbitrage
Top Related IT Skills by Category

For the 6 months to 4 September 2015, IT contractor jobs within the UK citing Statistical 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 Statistical Arbitrage. Up to 20 skills are shown per category.

General
1 1 (100.00%) Front Office
Job Titles
1 1 (100.00%) Developer
1 1 (100.00%) Java Developer
1 1 (100.00%) Core Java Developer
Miscellaneous
1 1 (100.00%) Foreign Exchange (FX)
1 1 (100.00%) Fixed Income
1 1 (100.00%) Index Arbitrage
Processes & Methodologies
1 1 (100.00%) E-Commerce
1 1 (100.00%) Scrum
1 1 (100.00%) Agile Software Development
1 1 (100.00%) TDD
1 1 (100.00%) Software Engineering
1 1 (100.00%) Quantitative Analysis
1 1 (100.00%) Algorithmic Trading
1 1 (100.00%) Continuous Integration
1 1 (100.00%) Electronic Trading
1 1 (100.00%) Kanban
1 1 (100.00%) BDD
1 1 (100.00%) Low Latency
1 1 (100.00%) Ultra-Low Latency
1 1 (100.00%) Market Making
Programming Languages
1 1 (100.00%) Java