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 9 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
9 May 2024
Same period 2023 Same period 2022
Rank 245 437 358
Rank change year-on-year +192 -79 +67
Contract jobs citing Hedge funds 419 284 632
As % of all contract jobs advertised in the UK 0.97% 0.49% 0.72%
As % of the Miscellaneous category 3.21% 1.47% 2.19%
Number of daily rates quoted 391 244 461
10th Percentile £531 £450 £438
25th Percentile £600 £500 £538
Median daily rate (50th Percentile) £725 £575 £625
Median % change year-on-year +26.09% -8.00% +4.17%
75th Percentile £850 £695 £738
90th Percentile £888 £825 £850
UK excluding London median daily rate £400 £525 £625
% change year-on-year -23.81% -16.00% +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 13,067 19,290 28,879
As % of all contract IT jobs advertised in the UK 30.35% 33.26% 33.10%
Number of daily rates quoted 8,406 13,245 20,158
10th Percentile £270 £313 £313
25th Percentile £413 £450 £438
Median daily rate (50th Percentile) £540 £550 £550
Median % change year-on-year -1.82% - +10.00%
75th Percentile £663 £678 £660
90th Percentile £800 £800 £763
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +11.76%
Number of hourly rates quoted 898 636 708
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.17 £10.63 £17.00
Median hourly rate £31.13 £22.49 £27.50
Median % change year-on-year +38.43% -18.24% +4.05%
75th Percentile £61.30 £64.50 £50.00
90th Percentile £70.00 £75.25 £66.00
UK excluding London median hourly rate £28.50 £22.00 £21.00
% change year-on-year +29.55% +4.76% -12.50%

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 9 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 9 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 9 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 +184 414 £725 +26.09% 277
London +205 410 £725 +20.83% 261
Work from Home +241 218 £800 +33.33% 80
UK excluding London -39 5 £400 -23.81% 17
Midlands -3 2 £300 -40.00%
West Midlands -15 2 £300 -40.00%
Scotland - 2 - - 5
North West +10 1 £500 +270.37%
North of England +7 1 £500 - 1

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
1 158 (37.71%) Apache Airflow
2 140 (33.41%) Apache
3 8 (1.91%) Apache Spark
4 5 (1.19%) Microsoft Exchange
5 1 (0.24%) SharePoint
5 1 (0.24%) Skype for Business
Applications
1 11 (2.63%) Microsoft Office
2 6 (1.43%) Microsoft Excel
3 2 (0.48%) Microsoft PowerPoint
Business Applications
1 20 (4.77%) Aladdin
2 6 (1.43%) SimCorp Dimension
3 3 (0.72%) Endur
4 2 (0.48%) Bloomberg AIM
4 2 (0.48%) Orchestrade
Cloud Services
1 251 (59.90%) AWS
2 147 (35.08%) GCP
3 116 (27.68%) Azure
4 100 (23.87%) dbt
5 93 (22.20%) Snowflake
6 9 (2.15%) Microsoft 365
7 8 (1.91%) Power Platform
8 4 (0.95%) Entra ID
9 3 (0.72%) Amazon EMR
10 2 (0.48%) Amazon EKS
10 2 (0.48%) Cloud Computing
11 1 (0.24%) Amazon S3
11 1 (0.24%) Azure DevOps
11 1 (0.24%) Azure Functions
11 1 (0.24%) Sentry
11 1 (0.24%) Serverless
11 1 (0.24%) Supabase
11 1 (0.24%) WhatsApp
Communications & Networking
1 9 (2.15%) VPN
2 8 (1.91%) Wireless
3 2 (0.48%) Cisco Nexus
3 2 (0.48%) Firewall
3 2 (0.48%) Internet
4 1 (0.24%) Cisco Firepower
4 1 (0.24%) Cisco IOS
4 1 (0.24%) Cisco ISE
4 1 (0.24%) FIX Connectivity
4 1 (0.24%) FTP
4 1 (0.24%) Kerberos
4 1 (0.24%) Network Security
4 1 (0.24%) SD-WAN
4 1 (0.24%) Skype
4 1 (0.24%) SSL
4 1 (0.24%) WAN
4 1 (0.24%) WebEx
Database & Business Intelligence
1 140 (33.41%) Apache Ignite
2 100 (23.87%) Amazon Athena
2 100 (23.87%) Apache Arrow
2 100 (23.87%) Dremio
3 93 (22.20%) Data Lake
4 64 (15.27%) PostgreSQL
5 23 (5.49%) Big Data
6 22 (5.25%) SQL Server
7 8 (1.91%) Data Warehouse
7 8 (1.91%) Power BI
8 7 (1.67%) MongoDB
9 6 (1.43%) Crystal Reports
9 6 (1.43%) SQL Server Integration Services
9 6 (1.43%) SQL Server Reporting Services
9 6 (1.43%) Tableau
10 4 (0.95%) SQL Server Analysis Services
11 3 (0.72%) Amazon Redshift
11 3 (0.72%) MySQL
12 2 (0.48%) RDBMS
12 2 (0.48%) Relational Database
Development Applications
1 39 (9.31%) Cypress.io
2 9 (2.15%) JIRA
3 4 (0.95%) Git
3 4 (0.95%) SpecFlow
4 3 (0.72%) GitLab
4 3 (0.72%) Jenkins
5 2 (0.48%) CircleCI
5 2 (0.48%) Sonatype Nexus
5 2 (0.48%) Visual Studio Code
6 1 (0.24%) SQL Server Management Studio (SSMS)
General
1 349 (83.29%) Finance
2 279 (66.59%) Front Office
3 218 (52.03%) Banking
4 105 (25.06%) Investment Banking
5 41 (9.79%) Back Office
6 32 (7.64%) Social Skills
7 25 (5.97%) Analytical Skills
8 20 (4.77%) Financial Institution
9 2 (0.48%) Documentation Skills
9 2 (0.48%) Inclusion and Diversity
9 2 (0.48%) Law
9 2 (0.48%) Manufacturing
9 2 (0.48%) Marketing
9 2 (0.48%) Pharmaceutical
9 2 (0.48%) Prime Brokerage
9 2 (0.48%) Retail
9 2 (0.48%) Synthetic Prime Brokerage
10 1 (0.24%) Private Banking
10 1 (0.24%) Publishing
Job Titles
1 192 (45.82%) Developer
2 130 (31.03%) Software Engineer
3 105 (25.06%) Developer/Software Engineer
4 89 (21.24%) Python Developer
5 87 (20.76%) Python Engineer
6 85 (20.29%) Python Software Engineer
7 74 (17.66%) Analyst
8 62 (14.80%) React Developer
9 61 (14.56%) Senior
10 57 (13.60%) Finance Manager
11 47 (11.22%) Financial Analyst
12 41 (9.79%) Lead
13 40 (9.55%) AWS Engineer
14 38 (9.07%) Full Stack Developer
15 35 (8.35%) Business Analyst
16 34 (8.11%) .NET Developer
17 31 (7.40%) Java Engineer
18 29 (6.92%) Full Stack Engineer
18 29 (6.92%) Full Stack Python Developer
18 29 (6.92%) Full Stack Software Engineer
Libraries, Frameworks & Software Standards
1 156 (37.23%) gRPC
1 156 (37.23%) Protocol Buffers
2 101 (24.11%) React
3 86 (20.53%) Redux
4 85 (20.29%) Pandas
5 84 (20.05%) NumPy
6 83 (19.81%) SciPy
7 57 (13.60%) Material-UI
8 43 (10.26%) .NET
9 26 (6.21%) AngularJS
10 20 (4.77%) .NET Core
11 13 (3.10%) Kafka
12 12 (2.86%) ASP.NET
12 12 (2.86%) ASP.NET Core
12 12 (2.86%) HTML
13 11 (2.63%) CSS
14 9 (2.15%) Vue
15 7 (1.67%) Spark Streaming
16 6 (1.43%) RabbitMQ
16 6 (1.43%) SailPoint
Miscellaneous
1 223 (53.22%) Fixed Income
2 210 (50.12%) Derivative
3 196 (46.78%) Equities
4 139 (33.17%) Foreign Exchange (FX)
5 30 (7.16%) Product Ownership
6 21 (5.01%) Greenfield Project
7 14 (3.34%) Algorithms
7 14 (3.34%) Clustering
8 9 (2.15%) Equity Derivative
9 8 (1.91%) Analytical Mindset
9 8 (1.91%) Pricing Data
10 6 (1.43%) Credit Derivative
11 5 (1.19%) Data Structures
12 4 (0.95%) Management Information System
13 3 (0.72%) Renewable Energy
14 2 (0.48%) Biopharmaceutical
14 2 (0.48%) Market Risk
14 2 (0.48%) Onboarding
14 2 (0.48%) SWIFT Messaging Network
15 1 (0.24%) Security Posture
Operating Systems
1 15 (3.58%) Windows
2 12 (2.86%) Windows 10
3 8 (1.91%) Linux
4 7 (1.67%) Windows 7
5 5 (1.19%) Apple iOS
6 3 (0.72%) Windows Server
7 2 (0.48%) Unix
8 1 (0.24%) CentOS
8 1 (0.24%) Windows Server 2016
8 1 (0.24%) Windows Server 2019
Processes & Methodologies
1 278 (66.35%) Asset Management
2 255 (60.86%) Investment Management
3 240 (57.28%) Agile
4 191 (45.58%) Software Engineering
5 98 (23.39%) Full Stack Development
6 93 (22.20%) Artificial Intelligence
7 86 (20.53%) Machine Learning
8 60 (14.32%) Automated Trading
9 52 (12.41%) DevOps
10 43 (10.26%) Mentoring
11 40 (9.55%) Line Management
12 37 (8.83%) Fintech
13 33 (7.88%) Analytics
14 32 (7.64%) TDD
15 28 (6.68%) Greeks
16 24 (5.73%) Roadmaps
17 23 (5.49%) Business Intelligence
18 22 (5.25%) Scrum
19 18 (4.30%) ITIL
19 18 (4.30%) Product Management
Programming Languages
1 270 (64.44%) Python
2 170 (40.57%) TypeScript
3 135 (32.22%) JavaScript
4 125 (29.83%) Java
5 114 (27.21%) SQL
6 102 (24.34%) C#
7 25 (5.97%) C++
8 24 (5.73%) Scala
9 20 (4.77%) R
10 15 (3.58%) Go
11 14 (3.34%) PowerShell
12 6 (1.43%) Ruby
13 3 (0.72%) T-SQL
14 2 (0.48%) Bash
14 2 (0.48%) F#
14 2 (0.48%) PL/SQL
14 2 (0.48%) VBA
15 1 (0.24%) Clojure
15 1 (0.24%) Groovy
15 1 (0.24%) Kotlin
Qualifications
1 15 (3.58%) Degree
2 7 (1.67%) Numerate Degree
3 5 (1.19%) Computer Science Degree
4 3 (0.72%) CISSP
5 2 (0.48%) AWS Certification
5 2 (0.48%) MCP
5 2 (0.48%) PMI Certification
5 2 (0.48%) PMP
Quality Assurance & Compliance
1 34 (8.11%) QA
2 29 (6.92%) Data Quality
3 10 (2.39%) SLA
4 8 (1.91%) MiFID
5 1 (0.24%) EMIR
5 1 (0.24%) FATCA
5 1 (0.24%) GRC
System Software
1 10 (2.39%) Active Directory
2 1 (0.24%) Docker
Systems Management
1 16 (3.82%) Kubernetes
2 15 (3.58%) Prometheus
2 15 (3.58%) Terraform
3 4 (0.95%) Single Sign-On
4 2 (0.48%) Ansible
4 2 (0.48%) PingFederate
4 2 (0.48%) Puppet
5 1 (0.24%) Cisco CUCM
5 1 (0.24%) Grafana
5 1 (0.24%) Nagios
5 1 (0.24%) Stealthwatch
Vendors
1 58 (13.84%) Google
2 34 (8.11%) Bloomberg
3 24 (5.73%) Microsoft
4 14 (3.34%) ServiceNow
5 12 (2.86%) BISAM
6 7 (1.67%) Oracle
7 6 (1.43%) SimCorp
8 4 (0.95%) Reuters
9 3 (0.72%) Cisco
10 2 (0.48%) Avaloq
10 2 (0.48%) Charles River
10 2 (0.48%) CyberArk
10 2 (0.48%) F5
10 2 (0.48%) ForgeRock
10 2 (0.48%) Fortinet
10 2 (0.48%) Juniper
10 2 (0.48%) Palo Alto
10 2 (0.48%) Salesforce
10 2 (0.48%) SAP
10 2 (0.48%) Splunk