The table below looks at the statistics for Algorithmic Trading skills in IT contracts advertised for the Canary Wharf region. Included is a guide to the average contractor rates offered in IT contracts that have cited Algorithmic Trading over the 3 months to 26 January 2015 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
26 Jan 2015
Same period 2014 Same period 2013
Algorithmic Trading
Rank - - -
Contract jobs citing Algorithmic Trading 0 0 0
As % of all contract IT jobs located in Canary Wharf - - -
As % of the Processes & Methodologies category - - -
Number of daily rates quoted 0 0 0
Average daily rate
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of your Daily Rate
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- - -
UK excluding London average daily rate £475 - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Algorithmic Trading
London

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the Canary Wharf region.

Processes & Methodologies Category
Canary Wharf
Contract IT job ads with a match in the
Processes & Methodologies category
88 159 310
As % of all contract IT jobs located in Canary Wharf 84.62% 83.68% 90.12%
Number of daily rates quoted 65 116 215
Average daily rate £500 £550 £525
Average daily rate % change year-on-year
-9.09% +4.76%
90% offered a daily rate of more than £320 £375 £338
10% offered a daily rate of more than £725 £800 £600
UK excluding London average daily rate £398 £375 £363
% change year-on-year
+6.00% +3.44%
Number of hourly rates quoted 0 1 4
Average hourly rate - £20.00 £20.00
UK excluding London average hourly rate £25.25 £27.00 £31.50
% change year-on-year
-6.48% -14.28%

Algorithmic Trading
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Algorithmic Trading across the Canary Wharf region as a proportion of the total demand within the Processes & Methodologies category.

Algorithmic Trading Jobs Demand Trend in Canary Wharf

Algorithmic Trading
Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Algorithmic Trading across the Canary Wharf region.

Algorithmic Trading Daily Rate Trend in Canary Wharf