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 27 September 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
27 Sep 2016
Same period 2015 Same period 2014
Algo Trading
Rank - 28 -
Contract jobs citing Algorithmic Trading 0 1 0
As % of all contract IT jobs located in Canary Wharf - 0.56% -
As % of the Processes & Methodologies category - 0.65% -
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate - £625 £425
% change year-on-year
- +47.05%
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
157 153 104
As % of all contract IT jobs located in Canary Wharf 90.75% 86.44% 92.04%
Number of daily rates quoted 109 102 45
Median daily rate £445 £500 £450
Median daily rate % change year-on-year
-11.00% +11.11%
90% offered a daily rate of more than £309 £350 £330
10% offered a daily rate of more than £575 £600 £575
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 0 0 3
Median hourly rate - - £27.50
UK excluding London median hourly rate £32.50 £33.64 £26.25
% change year-on-year
-3.38% +28.15%

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