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 27 March 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
27 Mar 2015
Same period 2014 Same period 2013
Statistical Arbitrage
Rank 598 - 539
Rank change year-on-year
- 0
Contract jobs citing Statistical Arbitrage 1 0 1
As % of all contract IT jobs located in the UK 0.002% - 0.002%
As % of the Miscellaneous category 0.006% - 0.007%
Number of daily rates quoted 0 0 1
Average daily rate
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of your Daily Rate
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- - £450
UK excluding London average daily rate - - -
Number of hourly rates quoted 1 0 0
Average hourly rate £90.00 - -
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
15988 16019 14133
As % of all contract IT jobs located in the UK 29.80% 30.86% 30.68%
Number of daily rates quoted 9780 9821 8497
Average daily rate £420 £413 £425
Average daily rate % change year-on-year
+1.81% -2.94%
90% offered a daily rate of more than £250 £238 £245
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £350 £338
% change year-on-year
+7.14% +3.70%
Number of hourly rates quoted 639 635 727
Average hourly rate £19.00 £19.00 £23.00
Average hourly rate % change year-on-year
- -17.39%
90% offered a hourly rate of more than £11.50 £11.50 £11.72
10% offered a hourly rate of more than £45.00 £42.50 £42.50
UK excluding London average hourly rate £19.00 £17.50 £23.00
% change year-on-year
+8.57% -23.91%

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 27 March 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 30 Related IT Skills

For the 6 months to 27 March 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 3 (100.00%) OO
1 3 (100.00%) Finance
1 3 (100.00%) Multithreading
1 3 (100.00%) Investment Management
1 3 (100.00%) Hedge funds
2 2 (66.67%) ADO.NET Entity Framework
2 2 (66.67%) Task Parallel Library
2 2 (66.67%) Visual Studio Tools for Office
2 2 (66.67%) MVVM
2 2 (66.67%) .NET Framework
2 2 (66.67%) WPF
2 2 (66.67%) Silverlight
2 2 (66.67%) LINQ
2 2 (66.67%) Algorithmic Trading
2 2 (66.67%) TDD
2 2 (66.67%) OOD
2 2 (66.67%) Microsoft
2 2 (66.67%) C#
2 2 (66.67%) SQL
2 2 (66.67%) T-SQL
2 2 (66.67%) .NET
2 2 (66.67%) SQL Server
2 2 (66.67%) Visual Studio
2 2 (66.67%) Windows
2 2 (66.67%) Performance Tuning
2 2 (66.67%) ASP.NET Web API
2 2 (66.67%) Analytical Skills
2 2 (66.67%) Data Structures
2 2 (66.67%) Algorithms
2 2 (66.67%) Big Data

Statistical Arbitrage
Top Related IT Skills by Category

For the 6 months to 27 March 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.

Database & Business Intelligence
1 2 (66.67%) SQL Server
1 2 (66.67%) Big Data
1 2 (66.67%) SQL Server 2012
2 1 (33.33%) Data Mining
Development Applications
1 2 (66.67%) Visual Studio
1 2 (66.67%) Visual Studio Tools for Office
General
1 3 (100.00%) Finance
2 1 (33.33%) Front Office
Job Titles
1 3 (100.00%) Developer
2 2 (66.67%) Lead Developer
2 2 (66.67%) .NET Developer
2 2 (66.67%) Lead .NET Developer
3 1 (33.33%) Software Developer
3 1 (33.33%) Software Engineer
Libraries, Frameworks & Software Standards
1 2 (66.67%) .NET
1 2 (66.67%) .NET Framework
1 2 (66.67%) WPF
1 2 (66.67%) Silverlight
1 2 (66.67%) LINQ
1 2 (66.67%) ADO.NET Entity Framework
1 2 (66.67%) Task Parallel Library
1 2 (66.67%) ASP.NET Web API
2 1 (33.33%) Boost C++ Libraries
Miscellaneous
1 3 (100.00%) Hedge funds
2 2 (66.67%) Analytical Skills
2 2 (66.67%) Data Structures
2 2 (66.67%) Algorithms
3 1 (33.33%) Artificial Intelligence
3 1 (33.33%) Field-Programmable Gate Array
Operating Systems
1 2 (66.67%) Windows
Processes & Methodologies
1 3 (100.00%) OO
1 3 (100.00%) Investment Management
1 3 (100.00%) Multithreading
2 2 (66.67%) Performance Tuning
2 2 (66.67%) Quantitative Investing
2 2 (66.67%) Algorithmic Trading
2 2 (66.67%) MVVM
2 2 (66.67%) OOD
2 2 (66.67%) TDD
3 1 (33.33%) Software Engineering
3 1 (33.33%) Signal Processing
3 1 (33.33%) Machine Learning
3 1 (33.33%) Low Latency
3 1 (33.33%) Systematic Trading
3 1 (33.33%) Market Making
3 1 (33.33%) Electronic Trading
Programming Languages
1 2 (66.67%) C#
1 2 (66.67%) SQL
1 2 (66.67%) T-SQL
2 1 (33.33%) Python
2 1 (33.33%) C++
2 1 (33.33%) Java
Vendors
1 2 (66.67%) Microsoft
1 2 (66.67%) Infragistics