Period
to 7 April 2020

The table below looks at the prevalence of the term Hedge funds in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Hedge funds over the 6 months to 7 April 2020 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Hedge fund
Central London > City of London
6 months to
7 Apr 2020
Same period 2019 Same period 2018
Rank 151 139 170
Rank change year-on-year -12 +31 +1
Contract jobs citing Hedge funds 29 108 90
As % of all contract jobs advertised in the City of London 0.70% 1.58% 1.27%
As % of the Miscellaneous category 2.02% 4.26% 3.10%
Number of daily rates quoted 23 86 55
Median daily rate £600 £600 £600
10th Percentile £480 £450 £445
90th Percentile £790 £844 £813
Central London median daily rate £600 £600 £575
% change year-on-year - +4.35% +2.22%
Number of hourly rates quoted 3 0 7
Median hourly rate £35.00 - £21.50
Central London median hourly rate £35.00 - £21.50

Hedge funds is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for generic IT skills.

All Generic IT Skills
City of London
Contract vacancies with a requirement for generic IT skills 1,434 2,536 2,904
As % of all contract IT jobs advertised in the City of London 34.83% 37.13% 40.87%
Number of daily rates quoted 1,028 1,864 2,268
Median daily rate £525 £525 £525
10th Percentile £285 £311 £314
90th Percentile £694 £688 £725
Central London median daily rate £510 £525 £525
% change year-on-year -2.86% - +7.69%
Number of hourly rates quoted 47 42 53
Median hourly rate £26.44 £18.98 £21.50
Median hourly rate % change year-on-year +39.34% -11.74% +13.16%
10th Percentile £12.42 £12.89 £12.65
90th Percentile £52.25 £37.50 £48.45
Median hourly rate £27.00 £20.00 £21.50
% change year-on-year +35.00% -6.98% +16.22%

Hedge funds
Job Vacancy Trend in the City of London

Job postings citing Hedge funds as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Hedge funds in the City of London

Hedge funds
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Hedge funds in the City of London.

Daily rate trend for Hedge funds in the City of London

Hedge funds
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Hedge funds in the City of London over the 6 months to 7 April 2020.

Daily rate histogram for Hedge funds in the City of London

Hedge funds
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Hedge funds in the City of London.

Hourly rate trend for Hedge funds in the City of London

For the 6 months to 7 April 2020, IT contractor jobs citing Hedge funds also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region with a requirement for Hedge funds.

1 21 (72.41%) C#
2 19 (65.52%) Greenfield Project
3 16 (55.17%) AngularJS
4 14 (48.28%) Finance
5 13 (44.83%) Multithreading
6 12 (41.38%) Java
6 12 (41.38%) OO
7 11 (37.93%) Degree
8 10 (34.48%) OOP
9 9 (31.03%) TypeScript
9 9 (31.03%) React
10 8 (27.59%) Microservices
10 8 (27.59%) Front Office
11 7 (24.14%) Back Office
11 7 (24.14%) Web Services
11 7 (24.14%) JavaScript
11 7 (24.14%) .NET
11 7 (24.14%) Web Development
11 7 (24.14%) Scrum
11 7 (24.14%) Kanban
11 7 (24.14%) SDLC
12 6 (20.69%) RESTful
12 6 (20.69%) Web Application Development
12 6 (20.69%) WPF
12 6 (20.69%) SQL Server
12 6 (20.69%) Python
13 5 (17.24%) Unit Testing
13 5 (17.24%) FIX Protocol
13 5 (17.24%) Domain-Driven Design
13 5 (17.24%) Test Automation

Hedge funds
Co-occurring IT Skills in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (6.90%) CMS
1 2 (6.90%) Umbraco
Applications
1 1 (3.45%) Microsoft Excel
Business Applications
1 4 (13.79%) Front Arena
Cloud Services
1 3 (10.34%) Power Platform
2 1 (3.45%) Azure
2 1 (3.45%) GCP
Communications & Networking
1 1 (3.45%) FTP
Database & Business Intelligence
1 6 (20.69%) SQL Server
2 3 (10.34%) Power BI
2 3 (10.34%) QlikView
3 2 (6.90%) OLAP
3 2 (6.90%) Spotfire
4 1 (3.45%) Azure SQL Database
4 1 (3.45%) Microsoft Analysis Services
4 1 (3.45%) Qlik Sense
4 1 (3.45%) SQL Server 2012
4 1 (3.45%) SQL Server Analysis Services
4 1 (3.45%) SQL Server Integration Services
4 1 (3.45%) SQL Server Reporting Services
Development Applications
1 1 (3.45%) Log4Net
1 1 (3.45%) Subversion
1 1 (3.45%) TeamCity
General
1 14 (48.28%) Finance
2 8 (27.59%) Front Office
3 7 (24.14%) Back Office
4 1 (3.45%) Banking
4 1 (3.45%) Financial Institution
4 1 (3.45%) Investment Banking
Job Titles
1 25 (86.21%) Developer
2 14 (48.28%) C# Developer
3 4 (13.79%) .NET Developer
3 4 (13.79%) Java Developer
4 3 (10.34%) Front Office Developer
5 2 (6.90%) C# .NET Developer
5 2 (6.90%) Front Arena Developer
6 1 (3.45%) .NET Software Developer
6 1 (3.45%) Consultant
6 1 (3.45%) Front Arena Consultant
6 1 (3.45%) Front Arena Specialist
6 1 (3.45%) Full Stack Developer
6 1 (3.45%) Investment Banking Java Developer
6 1 (3.45%) Python Developer
6 1 (3.45%) QlikView Developer
6 1 (3.45%) Senior Consultant
6 1 (3.45%) Software Developer
6 1 (3.45%) SQL Developer
Libraries, Frameworks & Software Standards
1 16 (55.17%) AngularJS
2 9 (31.03%) React
3 7 (24.14%) .NET
3 7 (24.14%) Web Services
4 6 (20.69%) RESTful
4 6 (20.69%) WPF
5 5 (17.24%) FIX Protocol
6 4 (13.79%) Vue.js
7 3 (10.34%) ASP.NET
7 3 (10.34%) CSS
7 3 (10.34%) HTML
7 3 (10.34%) WinForms
8 2 (6.90%) Kafka
9 1 (3.45%) .NET Framework
9 1 (3.45%) ASP.NET Core
9 1 (3.45%) ASP.NET Web API
9 1 (3.45%) LINQ
9 1 (3.45%) REST
9 1 (3.45%) Task Parallel Library
9 1 (3.45%) WCF
Miscellaneous
1 19 (65.52%) Greenfield Project
2 4 (13.79%) Foreign Exchange (FX)
3 3 (10.34%) Equities
4 2 (6.90%) Analytical Skills
5 1 (3.45%) Derivative
Operating Systems
1 1 (3.45%) Windows
Processes & Methodologies
1 13 (44.83%) Multithreading
2 12 (41.38%) OO
3 10 (34.48%) OOP
4 8 (27.59%) Microservices
5 7 (24.14%) Kanban
5 7 (24.14%) Scrum
5 7 (24.14%) SDLC
5 7 (24.14%) Web Development
6 6 (20.69%) Web Application Development
7 5 (17.24%) CQRS
7 5 (17.24%) Domain-Driven Design
7 5 (17.24%) SOLID
7 5 (17.24%) Test Automation
7 5 (17.24%) Unit Testing
8 3 (10.34%) Business Intelligence
8 3 (10.34%) Computer Science
8 3 (10.34%) Continuous Integration
9 2 (6.90%) Content Management
9 2 (6.90%) Software Engineering
9 2 (6.90%) TDD
Programming Languages
1 21 (72.41%) C#
2 12 (41.38%) Java
3 9 (31.03%) TypeScript
4 7 (24.14%) JavaScript
5 6 (20.69%) Python
6 2 (6.90%) SQL
7 1 (3.45%) C++
7 1 (3.45%) PowerShell
7 1 (3.45%) Scala
Qualifications
1 11 (37.93%) Degree
2 2 (6.90%) Computer Science Degree
3 1 (3.45%) Master's Degree
Quality Assurance & Compliance
1 1 (3.45%) EMIR
1 1 (3.45%) MiFID
System Software
1 1 (3.45%) Docker
Systems Management
1 2 (6.90%) Control-M
1 2 (6.90%) Opscode Chef
1 2 (6.90%) Puppet
2 1 (3.45%) Kubernetes
Vendors
1 3 (10.34%) Microsoft
2 2 (6.90%) Tableau
3 1 (3.45%) Google