The first table below looks at the demand 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 18 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Processes & Methodologies category for the Canary Wharf region.

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
18 Apr 2014
Same period 2013 Same period 2012
Algorithmic Trading
Rank - 45 49
Contract jobs citing Algorithmic Trading 0 3 1
As % of all contract IT jobs located in Canary Wharf - 0.85% 0.25%
As % of the Processes & Methodologies category - 1.04% 0.31%
Number of daily rates quoted 0 2 1
Average daily rate - £700 £625
Average daily rate % change year-on-year
- +12.00%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Processes & Methodologies Category
Canary Wharf
Contract IT job ads with a match in the
Processes & Methodologies category
119 289 321
As % of all contract IT jobs located in Canary Wharf 77.27% 81.64% 81.06%
Number of daily rates quoted 93 227 212
Average daily rate £500 £550 £550
Average daily rate % change year-on-year
-9.09% -
90% offered a daily rate of more than £315 £365 £400
10% offered a daily rate of more than £700 £660 £649
UK excluding London average daily rate £375 £360 £370
% change year-on-year
+4.16% -2.70%
Number of hourly rates quoted 4 1 2
Average hourly rate £23.00 £17.50 £65.00
Average hourly rate % change year-on-year
+31.42% -73.07%
UK excluding London average hourly rate £30.00 £32.00 £27.50
% change year-on-year
-6.25% +16.36%
Algorithmic Trading
London

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