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 contractor rates offered in IT contracts that have cited Algorithmic Trading over the 3 months to 25 June 2016 with a comparison to the same period over 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.

3 months to
25 Jun 2016
Same period 2015 Same period 2014
Algo Trading
Rank - 31 -
Contract jobs citing Algorithmic Trading 0 1 0
As % of all contract IT jobs located in Canary Wharf - 0.58% -
As % of the Processes & Methodologies category - 0.64% -
Number of daily rates quoted 0 1 0
Median daily rate - £450 -
UK excluding London median daily rate - £425 £375
% change year-on-year
- +13.33%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
100 157 91
As % of all contract IT jobs located in Canary Wharf 81.30% 90.75% 89.22%
Number of daily rates quoted 75 109 56
Median daily rate £475 £500 £500
Median daily rate % change year-on-year
-5.00% -
90% offered a daily rate of more than £325 £400 £322
10% offered a daily rate of more than £650 £571 £625
UK excluding London median daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 0 0 6
Median hourly rate - - £18.00
UK excluding London median hourly rate £28.50 £30.00 £29.50
% change year-on-year
-5.00% +1.69%

Algorithmic Trading
Jobs Demand Trend in Canary Wharf

The demand trend of contract jobs across the Canary Wharf region citing Algorithmic Trading as a proportion of all IT contracts with a match in 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