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 28 November 2014 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
28 Nov 2014
Same period 2013 Same period 2012
Algorithmic Trading
Rank - 30 48
Contract jobs citing Algorithmic Trading 0 4 3
As % of all contract IT jobs located in Canary Wharf - 1.92% 0.76%
As % of the Processes & Methodologies category - 2.34% 0.87%
Number of daily rates quoted 0 2 3
Average daily rate
Keep up to 90%
of your Daily Rate
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- £700 £650
Average daily rate % change year-on-year
- +7.69%
UK excluding London average daily rate - - -
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
99 171 345
As % of all contract IT jobs located in Canary Wharf 84.62% 82.21% 87.34%
Number of daily rates quoted 71 128 262
Average daily rate £450 £525 £538
Average daily rate % change year-on-year
-14.28% -2.32%
90% offered a daily rate of more than £239 £325 £400
10% offered a daily rate of more than £575 £800 £625
UK excluding London average daily rate £388 £363 £370
% change year-on-year
+6.89% -2.02%
Number of hourly rates quoted 1 1 2
Average hourly rate £27.50 £21.50 £20.75
Average hourly rate % change year-on-year
+27.90% +3.61%
UK excluding London average hourly rate £25.00 £27.50 £29.75
% change year-on-year
-9.09% -7.56%

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