Period
to 21 November 2019

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 21 November 2019 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
21 Nov 2019
Same period 2018 Same period 2017
Rank 166 174 144
Rank change year-on-year +8 -30 +10
Contract jobs citing Hedge funds 54 82 112
As % of all contract IT jobs advertised in the City of London 0.92% 1.16% 1.57%
As % of the Miscellaneous category 2.90% 2.91% 3.71%
Number of daily rates quoted 45 61 44
City of London median daily rate £600 £575 £563
Median daily rate % change year-on-year +4.35% +2.22% +18.42%
10th Percentile £454 £400 £475
90th Percentile £813 £813 £650
Central London median daily rate £600 £575 £575
% change year-on-year +4.35% - +9.52%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

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 1,860 2,820 3,016
As % of all contract IT jobs advertised in the City of London 31.84% 39.83% 42.16%
Number of daily rates quoted 1,418 2,198 2,324
City of London median daily rate £525 £525 £525
10th Percentile £300 £282 £325
90th Percentile £700 £713 £725
Central London median daily rate £520 £525 £525
% change year-on-year -0.95% - +10.53%
Number of hourly rates quoted 28 61 36
City of London median hourly rate £20.92 £19.50 £22.26
Median hourly rate % change year-on-year +7.26% -12.39% +17.14%
10th Percentile £12.53 £13.31 £12.88
90th Percentile £51.55 £37.09 £33.25
Central London median hourly rate £21.00 £19.50 £21.31
% change year-on-year +7.69% -8.50% +13.82%

Hedge funds
Job Vacancy Trend in the City of London

Job postings citing Hedge funds as a percentage 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

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Hedge funds in the City of London.

Contractor daily rate trend for Hedge funds in the City of London

Hedge funds
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Hedge funds in the City of London over the 6 months to 21 November 2019.

Contractor daily rate histogram for Hedge funds in the City of London

Hedge funds
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Hedge funds in the City of London.

Contractor hourly rate trend for Hedge funds in the City of London

For the 6 months to 21 November 2019, 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 32 (59.26%) Finance
2 26 (48.15%) C#
3 20 (37.04%) Greenfield Project
4 19 (35.19%) AngularJS
4 19 (35.19%) OO
5 18 (33.33%) React
6 17 (31.48%) Multithreading
7 16 (29.63%) JavaScript
8 15 (27.78%) Degree
9 14 (25.93%) OOP
10 13 (24.07%) Web Development
10 13 (24.07%) TypeScript
11 12 (22.22%) Microservices
11 12 (22.22%) SDLC
11 12 (22.22%) Banking
11 12 (22.22%) Java
12 11 (20.37%) Financial Institution
12 11 (20.37%) Test Automation
13 10 (18.52%) SOLID
13 10 (18.52%) SQL Server
13 10 (18.52%) Web Services
13 10 (18.52%) Agile Software Development
13 10 (18.52%) Scrum
13 10 (18.52%) Unit Testing
14 9 (16.67%) Kanban
14 9 (16.67%) Domain-Driven Design
14 9 (16.67%) Python
14 9 (16.67%) Back Office
14 9 (16.67%) CQRS
15 8 (14.81%) Front Office

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 1 (1.85%) Apache Spark
1 1 (1.85%) Elasticsearch
1 1 (1.85%) Oracle Workflow
Applications
1 4 (7.41%) Microsoft PowerPoint
2 3 (5.56%) Microsoft Excel
3 2 (3.70%) MS Visio
3 2 (3.70%) Snagit
4 1 (1.85%) Microsoft Project
Business Applications
1 2 (3.70%) Oracle Financials
1 2 (3.70%) PeopleSoft Financials
2 1 (1.85%) FINCAD Analytics
Cloud Services
1 4 (7.41%) Azure
2 3 (5.56%) AWS
2 3 (5.56%) Office 365
3 2 (3.70%) Power Platform
4 1 (1.85%) Amazon S3
4 1 (1.85%) Amazon SQS
4 1 (1.85%) AWS Lambda
4 1 (1.85%) AWS Step Functions
4 1 (1.85%) OpenShift
4 1 (1.85%) Serverless
Communications & Networking
1 2 (3.70%) Firewall
2 1 (1.85%) FTP
2 1 (1.85%) Unified Communications
Database & Business Intelligence
1 10 (18.52%) SQL Server
2 2 (3.70%) MongoDB
2 2 (3.70%) NoSQL
2 2 (3.70%) Power BI
2 2 (3.70%) QlikView
2 2 (3.70%) SQL Server Analysis Services
3 1 (1.85%) Amazon Athena
3 1 (1.85%) Amazon Aurora
3 1 (1.85%) Amazon RDS
3 1 (1.85%) Amazon Redshift
3 1 (1.85%) Azure SQL Database
3 1 (1.85%) Big Data
3 1 (1.85%) Hadoop
3 1 (1.85%) KDB
3 1 (1.85%) Microsoft Analysis Services
3 1 (1.85%) Presto
3 1 (1.85%) Qlik Sense
3 1 (1.85%) Relational Database
3 1 (1.85%) Spotfire
3 1 (1.85%) SQL Server Reporting Services
Development Applications
1 2 (3.70%) Git (software)
1 2 (3.70%) Jenkins
1 2 (3.70%) JIRA
1 2 (3.70%) Moq
2 1 (1.85%) Jasmine
2 1 (1.85%) Karma Test Runner
2 1 (1.85%) Maven
2 1 (1.85%) MSTest
2 1 (1.85%) NSubstitute
2 1 (1.85%) NUnit
2 1 (1.85%) Octopus Deploy
2 1 (1.85%) SonarQube
2 1 (1.85%) Sonatype Nexus
2 1 (1.85%) SpecFlow
2 1 (1.85%) TeamCity
General
1 32 (59.26%) Finance
2 12 (22.22%) Banking
3 11 (20.37%) Financial Institution
4 9 (16.67%) Back Office
5 8 (14.81%) Front Office
6 4 (7.41%) Retail
7 2 (3.70%) Investment Banking
Job Titles
1 34 (62.96%) Developer
2 20 (37.04%) C# Developer
3 7 (12.96%) Python Developer
3 7 (12.96%) React Developer
4 6 (11.11%) Project Manager
5 3 (5.56%) Analyst
6 2 (3.70%) Business Analyst
6 2 (3.70%) Deployment Specialist
6 2 (3.70%) Financial Analyst
6 2 (3.70%) Financial Business Analyst
6 2 (3.70%) Financial Services Business Analyst
6 2 (3.70%) Firewall Engineer
6 2 (3.70%) Integration Manager
6 2 (3.70%) Integration Project Manager
6 2 (3.70%) Network Engineer
6 2 (3.70%) Service Analyst
6 2 (3.70%) Support Specialist
6 2 (3.70%) Technical Manager
6 2 (3.70%) Technical Project Manager
6 2 (3.70%) Workstream Manager
Libraries, Frameworks & Software Standards
1 19 (35.19%) AngularJS
2 18 (33.33%) React
3 10 (18.52%) Web Services
4 7 (12.96%) RESTful
5 6 (11.11%) Vue.js
6 5 (9.26%) .NET
7 4 (7.41%) HTML
7 4 (7.41%) Kafka
8 2 (3.70%) CSS
8 2 (3.70%) EDI
8 2 (3.70%) HTML5
9 1 (1.85%) ASP.NET
9 1 (1.85%) Autofac
9 1 (1.85%) Backbone.js
9 1 (1.85%) Middleware
9 1 (1.85%) Ninject
9 1 (1.85%) SciPy
9 1 (1.85%) WCF
9 1 (1.85%) WinForms
9 1 (1.85%) WPF
Miscellaneous
1 20 (37.04%) Greenfield Project
2 6 (11.11%) Analytical Skills
3 3 (5.56%) Fixed Income
3 3 (5.56%) Foreign Exchange (FX)
4 2 (3.70%) Blackberry
4 2 (3.70%) Data Centre
4 2 (3.70%) Handset
4 2 (3.70%) Spread Betting
5 1 (1.85%) Algorithms
5 1 (1.85%) Data Structures
5 1 (1.85%) Derivative
5 1 (1.85%) Equities
Operating Systems
1 3 (5.56%) Linux
2 2 (3.70%) Android
3 1 (1.85%) Unix
3 1 (1.85%) Windows
3 1 (1.85%) Windows 10
Processes & Methodologies
1 19 (35.19%) OO
2 17 (31.48%) Multithreading
3 14 (25.93%) OOP
4 13 (24.07%) Web Development
5 12 (22.22%) Microservices
5 12 (22.22%) SDLC
6 11 (20.37%) Test Automation
7 10 (18.52%) Agile Software Development
7 10 (18.52%) Scrum
7 10 (18.52%) SOLID
7 10 (18.52%) Unit Testing
8 9 (16.67%) CQRS
8 9 (16.67%) Domain-Driven Design
8 9 (16.67%) Kanban
9 7 (12.96%) TDD
9 7 (12.96%) Web Application Development
10 6 (11.11%) Asset Management
10 6 (11.11%) Continuous Integration
11 5 (9.26%) PRINCE2
11 5 (9.26%) Project Management
Programming Languages
1 26 (48.15%) C#
2 16 (29.63%) JavaScript
3 13 (24.07%) TypeScript
4 12 (22.22%) Java
5 9 (16.67%) Python
6 8 (14.81%) SQL
7 4 (7.41%) C++
8 2 (3.70%) Bash Shell
9 1 (1.85%) C
9 1 (1.85%) PowerShell
9 1 (1.85%) Scala
Qualifications
1 15 (27.78%) Degree
2 3 (5.56%) PRINCE2 Certification
3 2 (3.70%) CCNA
3 2 (3.70%) CCNP
3 2 (3.70%) Cisco Certification
4 1 (1.85%) CGEIT
4 1 (1.85%) CISA
4 1 (1.85%) CISM
4 1 (1.85%) Computer Science Degree
4 1 (1.85%) CRISC
4 1 (1.85%) ISACA
4 1 (1.85%) ITIL Foundation Certificate
4 1 (1.85%) Numerate Degree
Quality Assurance & Compliance
1 4 (7.41%) EMIR
1 4 (7.41%) MiFID
2 2 (3.70%) QA
3 1 (1.85%) Data Quality
System Software
1 3 (5.56%) Docker
2 1 (1.85%) Active Directory
2 1 (1.85%) VMware Infrastructure
Systems Management
1 2 (3.70%) FortiGate
2 1 (1.85%) Ansible
2 1 (1.85%) Control-M
2 1 (1.85%) Kubernetes
2 1 (1.85%) Opscode Chef
2 1 (1.85%) Puppet
Vendors
1 5 (9.26%) Microsoft
1 5 (9.26%) Oracle
2 2 (3.70%) Apple
2 2 (3.70%) Avaloq
2 2 (3.70%) Cisco
2 2 (3.70%) F5
2 2 (3.70%) Juniper
2 2 (3.70%) Palo Alto
2 2 (3.70%) PeopleSoft
2 2 (3.70%) SAP
2 2 (3.70%) SEEBURGER
3 1 (1.85%) Bloomberg
3 1 (1.85%) Tableau
3 1 (1.85%) VMware