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 28 May 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
28 May 2016
Same period 2015 Same period 2014
Algo Trading
Rank - 29 -
Contract jobs citing Algorithmic Trading 0 1 0
As % of all contract IT jobs located in Canary Wharf - 0.61% -
As % of the Processes & Methodologies category - 0.67% -
Number of daily rates quoted 0 1 0
Median daily rate - £450 -
UK excluding London median daily rate - £650 -
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
97 149 94
As % of all contract IT jobs located in Canary Wharf 85.09% 90.85% 87.04%
Number of daily rates quoted 84 94 65
Median daily rate £500 £493 £450
Median daily rate % change year-on-year
+1.52% +9.44%
90% offered a daily rate of more than £350 £352 £325
10% offered a daily rate of more than £650 £600 £650
UK excluding London median daily rate £400 £385 £375
% change year-on-year
+3.89% +2.66%
Number of hourly rates quoted 1 0 0
Median hourly rate £26.00 - -
UK excluding London median hourly rate £33.00 £30.00 £30.00
% change year-on-year
+10.00% -

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