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

6 months to
20 May 2024
Same period 2023 Same period 2022
Rank 224 420 369
Rank change year-on-year +196 -51 +61
Contract jobs citing Hedge funds 443 290 644
As % of all contract jobs advertised in the UK 1.04% 0.51% 0.73%
As % of the Miscellaneous category 3.43% 1.52% 2.20%
Number of daily rates quoted 415 252 473
10th Percentile £534 £450 £438
25th Percentile £600 £500 £538
Median daily rate (50th Percentile) £725 £588 £625
Median % change year-on-year +23.40% -6.00% +4.17%
75th Percentile £850 £700 £738
90th Percentile £888 £825 £848
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 12,902 19,052 29,287
As % of all contract IT jobs advertised in the UK 30.33% 33.27% 33.16%
Number of daily rates quoted 8,318 13,115 20,490
10th Percentile £267 £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 £680 £660
90th Percentile £800 £800 £763
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +8.57%
Number of hourly rates quoted 897 626 721
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.17 £10.63 £17.00
Median hourly rate £31.50 £22.26 £27.00
Median % change year-on-year +41.54% -17.57% +3.85%
75th Percentile £61.30 £62.25 £50.00
90th Percentile £70.00 £75.00 £65.76
UK excluding London median hourly rate £30.00 £22.00 £21.00
% change year-on-year +36.36% +4.76% -10.83%

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 20 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 20 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 +183 440 £738 +25.53% 404
London +209 436 £750 +25.00% 381
Work from Home +234 232 £800 +33.33% 108
UK excluding London -40 3 £400 -23.81% 101
West Midlands -15 2 £300 -40.00%
Midlands -19 2 £300 -40.00%
North West +11 1 £500 +270.37% 6
North of England +9 1 £500 - 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
1 183 (41.31%) Apache Airflow
2 163 (36.79%) Apache
3 8 (1.81%) 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 (4.74%) 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
1 278 (62.75%) AWS
2 159 (35.89%) GCP
3 122 (27.54%) Azure
4 119 (26.86%) dbt
5 109 (24.60%) Snowflake
6 9 (2.03%) Microsoft 365
6 9 (2.03%) Power Platform
7 5 (1.13%) Entra ID
8 3 (0.68%) Amazon EMR
9 2 (0.45%) Amazon EKS
9 2 (0.45%) Cloud Computing
10 1 (0.23%) Amazon S3
10 1 (0.23%) Azure DevOps
10 1 (0.23%) Azure Functions
10 1 (0.23%) Figma
10 1 (0.23%) Sentry
10 1 (0.23%) Serverless
10 1 (0.23%) Supabase
10 1 (0.23%) WhatsApp
Communications & Networking
1 9 (2.03%) VPN
2 8 (1.81%) Wireless
3 4 (0.90%) Cisco Nexus
3 4 (0.90%) Firewall
3 4 (0.90%) 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
1 161 (36.34%) Apache Ignite
2 119 (26.86%) Apache Arrow
2 119 (26.86%) Dremio
3 117 (26.41%) Amazon Athena
4 110 (24.83%) Data Lake
5 71 (16.03%) PostgreSQL
6 29 (6.55%) Big Data
7 22 (4.97%) SQL Server
8 9 (2.03%) Power BI
8 9 (2.03%) Tableau
9 8 (1.81%) 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%) RDBMS
Development Applications
1 47 (10.61%) Cypress.io
2 11 (2.48%) JIRA
3 6 (1.35%) Git
4 4 (0.90%) 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
1 375 (84.65%) Finance
2 299 (67.49%) Front Office
3 245 (55.30%) Banking
4 121 (27.31%) Investment Banking
5 41 (9.26%) Back Office
6 33 (7.45%) Social Skills
7 26 (5.87%) Analytical Skills
8 21 (4.74%) Financial Institution
9 4 (0.90%) 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
1 199 (44.92%) Developer
2 144 (32.51%) Software Engineer
3 115 (25.96%) Developer/Software Engineer
4 100 (22.57%) Python Engineer
5 98 (22.12%) Python Software Engineer
6 97 (21.90%) Python Developer
7 70 (15.80%) Analyst
7 70 (15.80%) React Developer
8 66 (14.90%) Senior
9 57 (12.87%) Finance Manager
10 48 (10.84%) AWS Engineer
11 47 (10.61%) Financial Analyst
12 45 (10.16%) Lead
13 42 (9.48%) Full Stack Developer
14 37 (8.35%) Java Engineer
15 36 (8.13%) Business Analyst
16 33 (7.45%) Full Stack Engineer
16 33 (7.45%) Full Stack Python Developer
16 33 (7.45%) Full Stack Software Engineer
16 33 (7.45%) Java Software Engineer
Libraries, Frameworks & Software Standards
1 181 (40.86%) gRPC
1 181 (40.86%) Protocol Buffers
2 109 (24.60%) React
3 98 (22.12%) Pandas
4 97 (21.90%) NumPy
5 96 (21.67%) SciPy
6 92 (20.77%) Redux
7 65 (14.67%) Material-UI
8 41 (9.26%) .NET
9 25 (5.64%) AngularJS
10 20 (4.51%) .NET Core
11 13 (2.93%) HTML
11 13 (2.93%) Kafka
12 12 (2.71%) CSS
13 10 (2.26%) ASP.NET
13 10 (2.26%) 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
1 243 (54.85%) Fixed Income
2 222 (50.11%) Derivative
3 216 (48.76%) Equities
4 154 (34.76%) Foreign Exchange (FX)
5 34 (7.67%) Product Ownership
6 18 (4.06%) Clustering
7 15 (3.39%) Algorithms
7 15 (3.39%) Greenfield Project
8 10 (2.26%) Pricing Data
9 8 (1.81%) Analytical Mindset
9 8 (1.81%) 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%) Market Risk
13 2 (0.45%) SWIFT Messaging Network
14 1 (0.23%) Enterprise Software
14 1 (0.23%) Legacy Systems
14 1 (0.23%) Renewable Energy
Operating Systems
1 16 (3.61%) Windows
2 12 (2.71%) Linux
3 10 (2.26%) Windows 10
4 7 (1.58%) Windows 7
5 5 (1.13%) Apple iOS
6 4 (0.90%) Unix
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
1 302 (68.17%) Asset Management
2 270 (60.95%) Investment Management
3 263 (59.37%) Agile
4 208 (46.95%) Software Engineering
5 105 (23.70%) Full Stack Development
6 103 (23.25%) Artificial Intelligence
7 95 (21.44%) Machine Learning
8 67 (15.12%) Automated Trading
9 56 (12.64%) DevOps
10 48 (10.84%) Line Management
11 43 (9.71%) Mentoring
12 35 (7.90%) Fintech
13 34 (7.67%) Analytics
14 31 (7.00%) Greeks
15 30 (6.77%) TDD
16 25 (5.64%) Roadmaps
17 22 (4.97%) Business Intelligence
18 21 (4.74%) Scrum
19 20 (4.51%) Site Reliability Engineering
20 19 (4.29%) ITIL
Programming Languages
1 299 (67.49%) Python
2 189 (42.66%) TypeScript
3 151 (34.09%) JavaScript
4 144 (32.51%) Java
5 114 (25.73%) SQL
6 100 (22.57%) C#
7 25 (5.64%) C++
8 24 (5.42%) Scala
9 19 (4.29%) Go
10 18 (4.06%) 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
13 2 (0.45%) T-SQL
14 1 (0.23%) Clojure
14 1 (0.23%) Kotlin
14 1 (0.23%) Perl
14 1 (0.23%) VBA
Qualifications
1 15 (3.39%) Degree
2 7 (1.58%) Numerate Degree
3 5 (1.13%) Computer Science Degree
4 4 (0.90%) AWS Certification
4 4 (0.90%) CISSP
5 2 (0.45%) PMI Certification
5 2 (0.45%) PMP
Quality Assurance & Compliance
1 33 (7.45%) Data Quality
1 33 (7.45%) QA
2 8 (1.81%) MiFID
2 8 (1.81%) SLA
3 1 (0.23%) EMIR
3 1 (0.23%) FATCA
3 1 (0.23%) GRC
System Software
1 11 (2.48%) Active Directory
2 1 (0.23%) Docker
Systems Management
1 20 (4.51%) Kubernetes
2 19 (4.29%) Prometheus
2 19 (4.29%) Terraform
3 5 (1.13%) Single Sign-On
4 4 (0.90%) Ansible
4 4 (0.90%) Puppet
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 (14.90%) Google
2 34 (7.67%) Bloomberg
3 22 (4.97%) Microsoft
4 18 (4.06%) ServiceNow
5 12 (2.71%) BISAM
6 8 (1.81%) Oracle
7 7 (1.58%) SimCorp
8 5 (1.13%) Cisco
9 4 (0.90%) F5
9 4 (0.90%) Fortinet
9 4 (0.90%) Juniper
9 4 (0.90%) Palo Alto
10 3 (0.68%) Altiris
10 3 (0.68%) CyberArk
10 3 (0.68%) ForgeRock
10 3 (0.68%) Okta
10 3 (0.68%) Reuters
11 2 (0.45%) Charles River
11 2 (0.45%) Salesforce
11 2 (0.45%) SAP