Hedge funds Contracts

Hedge fund
UK

The table below looks at the prevalence of the term Hedge funds in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Hedge funds over the 6 months to 26 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
26 May 2024
Same period 2023 Same period 2022
Rank 228 433 365
Rank change year-on-year +205 -68 +70
Contract jobs citing Hedge funds 444 288 629
As % of all contract jobs advertised in the UK 1.04% 0.51% 0.72%
As % of the Miscellaneous category 3.44% 1.52% 2.16%
Number of daily rates quoted 417 252 465
10th Percentile £535 £450 £438
25th Percentile £600 £500 £538
Median daily rate (50th Percentile) £750 £600 £650
Median % change year-on-year +25.00% -7.69% +8.33%
75th Percentile £850 £713 £750
90th Percentile £888 £825 £845
UK excluding London median daily rate £400 £525 £575
% change year-on-year -23.81% -8.70% -4.17%

All Generic Skills
UK

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

Contract vacancies with a requirement for generic IT skills 12,908 18,938 29,061
As % of all contract IT jobs advertised in the UK 30.25% 33.38% 33.15%
Number of daily rates quoted 8,321 13,039 20,362
10th Percentile £270 £313 £313
25th Percentile £413 £450 £438
Median daily rate (50th Percentile) £538 £550 £550
Median % change year-on-year -2.18% - +10.00%
75th Percentile £663 £680 £663
90th Percentile £800 £800 £763
UK excluding London median daily rate £500 £500 £481
% change year-on-year - +3.95% +9.94%
Number of hourly rates quoted 909 609 703
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.17 £10.63 £17.00
Median hourly rate £34.21 £22.00 £26.98
Median % change year-on-year +55.50% -18.46% +3.77%
75th Percentile £61.30 £60.00 £50.00
90th Percentile £70.00 £74.20 £65.76
UK excluding London median hourly rate £32.25 £21.26 £21.00
% change year-on-year +51.69% +1.24% -9.52%

Hedge funds
Job Vacancy Trend

Job postings citing Hedge funds as a proportion of all IT jobs advertised.

Job vacancy trend for Hedge funds in the UK

Hedge funds
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Hedge funds.

Daily rate trend for Hedge funds in the UK

Hedge funds
Daily Rate Histogram

Daily rate distribution for jobs citing Hedge funds over the 6 months to 26 May 2024.

Daily rate histogram for Hedge funds in the UK

Hedge funds
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Hedge funds.

Hourly rate trend for Hedge funds in the UK

Hedge funds
Top 8 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Hedge funds within the UK over the 6 months to 26 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
England +182 441 £750 +25.00% 479
London +210 437 £750 +25.00% 453
Work from Home +238 234 £800 +33.33% 134
UK excluding London -27 3 £400 -23.81% 168
Midlands -6 2 £300 -40.00%
West Midlands -18 2 £300 -40.00%
North West +23 1 £500 +270.37% 7
North of England +16 1 £500 +2.04% 8

Hedge funds
Co-occurring Skills and Capabilities by Category

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

Application Platforms
1 188 (42.34%) Apache Airflow
2 170 (38.29%) Apache
3 8 (1.80%) Apache Spark
4 5 (1.13%) Microsoft Exchange
5 1 (0.23%) SharePoint
5 1 (0.23%) Skype for Business
Applications
1 9 (2.03%) Microsoft Office
2 2 (0.45%) Microsoft Excel
Business Applications
1 21 (4.73%) Aladdin
2 7 (1.58%) SimCorp Dimension
3 3 (0.68%) Endur
3 3 (0.68%) Orchestrade
4 2 (0.45%) Bloomberg AIM
Cloud Services
1 286 (64.41%) AWS
2 158 (35.59%) GCP
3 126 (28.38%) dbt
4 121 (27.25%) Azure
5 114 (25.68%) Snowflake
6 11 (2.48%) Power Platform
7 9 (2.03%) Microsoft 365
8 5 (1.13%) Entra ID
9 3 (0.68%) Amazon EMR
10 2 (0.45%) Amazon EKS
10 2 (0.45%) Cloud Computing
11 1 (0.23%) Amazon S3
11 1 (0.23%) Azure DevOps
11 1 (0.23%) Azure Functions
11 1 (0.23%) Figma
11 1 (0.23%) Sentry
11 1 (0.23%) Serverless
11 1 (0.23%) Supabase
11 1 (0.23%) WhatsApp
Communications & Networking
1 9 (2.03%) VPN
2 8 (1.80%) Wireless
3 6 (1.35%) Cisco Nexus
3 6 (1.35%) Firewall
3 6 (1.35%) Internet
4 1 (0.23%) Cisco Firepower
4 1 (0.23%) Cisco IOS
4 1 (0.23%) Cisco ISE
4 1 (0.23%) FIX Connectivity
4 1 (0.23%) FTP
4 1 (0.23%) Kerberos
4 1 (0.23%) Network Security
4 1 (0.23%) SD-WAN
4 1 (0.23%) Skype
4 1 (0.23%) SSL
4 1 (0.23%) WAN
4 1 (0.23%) WebEx
Database & Business Intelligence
1 166 (37.39%) Apache Ignite
2 126 (28.38%) Apache Arrow
2 126 (28.38%) Dremio
3 122 (27.48%) Amazon Athena
4 117 (26.35%) Data Lake
5 71 (15.99%) PostgreSQL
6 31 (6.98%) Big Data
7 20 (4.50%) SQL Server
8 11 (2.48%) Power BI
8 11 (2.48%) Tableau
9 8 (1.80%) Data Warehouse
10 7 (1.58%) Crystal Reports
11 6 (1.35%) MongoDB
11 6 (1.35%) SQL Server Integration Services
11 6 (1.35%) SQL Server Reporting Services
12 4 (0.90%) SQL Server Analysis Services
13 3 (0.68%) Amazon Redshift
14 2 (0.45%) MySQL
15 1 (0.23%) Hadoop
15 1 (0.23%) Relational Database
Development Applications
1 47 (10.59%) Cypress.io
2 11 (2.48%) JIRA
3 6 (1.35%) Git
3 6 (1.35%) Sonatype Nexus
4 4 (0.90%) SpecFlow
5 3 (0.68%) GitLab
5 3 (0.68%) Jenkins
5 3 (0.68%) Visual Studio Code
6 2 (0.45%) CircleCI
6 2 (0.45%) SQL Server Management Studio (SSMS)
7 1 (0.23%) Bitbucket
General
1 379 (85.36%) Finance
2 300 (67.57%) Front Office
3 250 (56.31%) Banking
4 128 (28.83%) Investment Banking
5 37 (8.33%) Back Office
6 34 (7.66%) Social Skills
7 26 (5.86%) Analytical Skills
8 23 (5.18%) Financial Institution
9 6 (1.35%) Retail
10 3 (0.68%) Telecoms
11 2 (0.45%) Documentation Skills
11 2 (0.45%) Inclusion and Diversity
11 2 (0.45%) Law
11 2 (0.45%) Prime Brokerage
11 2 (0.45%) Synthetic Prime Brokerage
12 1 (0.23%) Private Banking
12 1 (0.23%) Publishing
Job Titles
1 197 (44.37%) Developer
2 147 (33.11%) Software Engineer
3 115 (25.90%) Developer/Software Engineer
4 103 (23.20%) Python Engineer
5 101 (22.75%) Python Software Engineer
6 96 (21.62%) Python Developer
7 71 (15.99%) Analyst
8 70 (15.77%) React Developer
9 69 (15.54%) Senior
10 53 (11.94%) Finance Manager
11 52 (11.71%) AWS Engineer
12 48 (10.81%) Financial Analyst
13 46 (10.36%) Lead
14 42 (9.46%) Full Stack Developer
15 40 (9.01%) Java Engineer
16 36 (8.11%) Business Analyst
16 36 (8.11%) Java Software Engineer
17 34 (7.66%) Senior Software Engineer
18 33 (7.43%) Full Stack Engineer
18 33 (7.43%) Full Stack Software Engineer
Libraries, Frameworks & Software Standards
1 186 (41.89%) gRPC
1 186 (41.89%) Protocol Buffers
2 109 (24.55%) React
3 103 (23.20%) Pandas
4 102 (22.97%) NumPy
5 101 (22.75%) SciPy
6 92 (20.72%) Redux
7 65 (14.64%) Material-UI
8 40 (9.01%) .NET
9 24 (5.41%) AngularJS
10 19 (4.28%) .NET Core
11 13 (2.93%) HTML
11 13 (2.93%) Kafka
12 12 (2.70%) CSS
13 10 (2.25%) ASP.NET
13 10 (2.25%) ASP.NET Core
14 7 (1.58%) SailPoint
14 7 (1.58%) Spark Streaming
14 7 (1.58%) Vue
15 6 (1.35%) RabbitMQ
Miscellaneous
1 249 (56.08%) Fixed Income
2 223 (50.23%) Derivative
3 220 (49.55%) Equities
4 160 (36.04%) Foreign Exchange (FX)
5 36 (8.11%) Product Ownership
6 18 (4.05%) Clustering
7 15 (3.38%) Algorithms
7 15 (3.38%) Greenfield Project
8 12 (2.70%) Pricing Data
9 8 (1.80%) Analytical Mindset
9 8 (1.80%) Equity Derivative
10 6 (1.35%) Onboarding
11 5 (1.13%) Data Structures
12 4 (0.90%) Credit Derivative
12 4 (0.90%) Management Information System
13 2 (0.45%) SWIFT Messaging Network
14 1 (0.23%) Animation
14 1 (0.23%) Data Protection Act
14 1 (0.23%) Enterprise Software
14 1 (0.23%) PKI
Operating Systems
1 16 (3.60%) Windows
2 14 (3.15%) Linux
3 10 (2.25%) Windows 10
4 7 (1.58%) Windows 7
5 6 (1.35%) Unix
6 4 (0.90%) Apple iOS
7 3 (0.68%) Windows Server
8 1 (0.23%) CentOS
8 1 (0.23%) Windows Server 2016
8 1 (0.23%) Windows Server 2019
Processes & Methodologies
1 304 (68.47%) Asset Management
2 271 (61.04%) Investment Management
3 269 (60.59%) Agile
4 211 (47.52%) Software Engineering
5 105 (23.65%) Full Stack Development
6 102 (22.97%) Artificial Intelligence
7 94 (21.17%) Machine Learning
8 67 (15.09%) Automated Trading
9 58 (13.06%) DevOps
10 48 (10.81%) Line Management
11 43 (9.68%) Mentoring
12 37 (8.33%) Analytics
13 35 (7.88%) Fintech
14 34 (7.66%) Greeks
15 30 (6.76%) TDD
16 25 (5.63%) Roadmaps
17 22 (4.95%) Business Intelligence
18 20 (4.50%) Scrum
18 20 (4.50%) Site Reliability Engineering
19 19 (4.28%) ITIL
Programming Languages
1 303 (68.24%) Python
2 194 (43.69%) TypeScript
3 155 (34.91%) JavaScript
4 147 (33.11%) Java
5 112 (25.23%) SQL
6 94 (21.17%) C#
7 25 (5.63%) C++
8 24 (5.41%) Scala
9 19 (4.28%) Go
10 17 (3.83%) R
11 13 (2.93%) PowerShell
12 6 (1.35%) Ruby
13 2 (0.45%) Bash
13 2 (0.45%) F#
13 2 (0.45%) PL/SQL
14 1 (0.23%) Clojure
14 1 (0.23%) Groovy
14 1 (0.23%) Kotlin
14 1 (0.23%) Shell Script
14 1 (0.23%) T-SQL
Qualifications
1 14 (3.15%) Degree
2 7 (1.58%) Numerate Degree
3 6 (1.35%) AWS Certification
4 4 (0.90%) CISSP
4 4 (0.90%) Computer Science Degree
5 2 (0.45%) PMI Certification
5 2 (0.45%) PMP
Quality Assurance & Compliance
1 37 (8.33%) Data Quality
2 33 (7.43%) QA
3 8 (1.80%) MiFID
3 8 (1.80%) SLA
4 1 (0.23%) EMIR
4 1 (0.23%) FATCA
4 1 (0.23%) GRC
System Software
1 11 (2.48%) Active Directory
2 1 (0.23%) Docker
Systems Management
1 20 (4.50%) Kubernetes
2 19 (4.28%) Prometheus
2 19 (4.28%) Terraform
3 6 (1.35%) Ansible
3 6 (1.35%) Puppet
4 5 (1.13%) Single Sign-On
5 3 (0.68%) PingFederate
6 1 (0.23%) Cisco CUCM
6 1 (0.23%) Grafana
6 1 (0.23%) Nagios
6 1 (0.23%) Stealthwatch
Vendors
1 66 (14.86%) Google
2 34 (7.66%) Bloomberg
3 22 (4.95%) Microsoft
4 18 (4.05%) ServiceNow
5 12 (2.70%) BISAM
6 8 (1.80%) Oracle
7 7 (1.58%) Cisco
7 7 (1.58%) SimCorp
8 6 (1.35%) F5
8 6 (1.35%) Fortinet
8 6 (1.35%) Juniper
8 6 (1.35%) Palo Alto
9 3 (0.68%) Altiris
9 3 (0.68%) CyberArk
9 3 (0.68%) ForgeRock
9 3 (0.68%) Okta
9 3 (0.68%) Reuters
10 2 (0.45%) Charles River
10 2 (0.45%) Salesforce
10 2 (0.45%) SAP