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 23 January 2017 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
23 Jan 2017
Same period 2016 Same period 2015
Algo Trading
London / Canary Wharf
Rank 26 - -
Rank change year-on-year
- 0
Contract jobs citing Algorithmic Trading 1 0 0
As % of all contract IT jobs located in Canary Wharf 0.79% - -
As % of the Processes & Methodologies category 0.89% - -
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate - £600 £475
% change year-on-year
- +26.31%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
112 115 98
As % of all contract IT jobs located in Canary Wharf 88.89% 87.79% 89.09%
Number of daily rates quoted 88 95 75
Median daily rate £550 £475 £475
Median daily rate % change year-on-year
+15.78% -
90% offered a daily rate of more than £388 £350 £275
10% offered a daily rate of more than £650 £648 £725
UK excluding London median daily rate £405 £400 £390
% change year-on-year
+1.25% +2.56%
Number of hourly rates quoted 2 0 0
Median hourly rate £47.50 - -
UK excluding London median hourly rate £35.00 £40.00 £26.00
% change year-on-year
-12.50% +53.84%

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

Algorithmic Trading
Top 21 Related IT Skills in Canary Wharf

For the 6 months to 23 January 2017, IT contractor jobs citing Algorithmic Trading also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Canary Wharf region with a requirement for Algorithmic Trading.

1 1 (100.00%) C++
1 1 (100.00%) SQL
1 1 (100.00%) STL
1 1 (100.00%) Solaris
1 1 (100.00%) Linux
1 1 (100.00%) TIBCO
1 1 (100.00%) Middleware
1 1 (100.00%) Regression Testing
1 1 (100.00%) Front Office
1 1 (100.00%) Agile Software Development
1 1 (100.00%) Degree
1 1 (100.00%) Mathematics
1 1 (100.00%) Computer Science
1 1 (100.00%) User Acceptance Testing
1 1 (100.00%) Performance Testing
1 1 (100.00%) Multithreading
1 1 (100.00%) Electronic Trading
1 1 (100.00%) Boost C++ Libraries
1 1 (100.00%) Solace
1 1 (100.00%) Talarian
1 1 (100.00%) Multithreaded Programming

Algorithmic Trading
Top Related IT Skills in Canary Wharf by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

General
1 1 (100.00%) Front Office
Job Titles
1 1 (100.00%) C++ Developer
1 1 (100.00%) Developer
1 1 (100.00%) SQL Developer
Libraries, Frameworks & Software Standards
1 1 (100.00%) Boost C++ Libraries
1 1 (100.00%) Middleware
1 1 (100.00%) STL
Miscellaneous
1 1 (100.00%) Computer Science
1 1 (100.00%) Mathematics
Operating Systems
1 1 (100.00%) Linux
1 1 (100.00%) Solaris
Processes & Methodologies
1 1 (100.00%) Agile Software Development
1 1 (100.00%) Electronic Trading
1 1 (100.00%) Multithreaded Programming
1 1 (100.00%) Multithreading
1 1 (100.00%) Performance Testing
1 1 (100.00%) Regression Testing
1 1 (100.00%) User Acceptance Testing
Programming Languages
1 1 (100.00%) C++
1 1 (100.00%) SQL
Qualifications
1 1 (100.00%) Degree
Vendors
1 1 (100.00%) Solace
1 1 (100.00%) Talarian
1 1 (100.00%) TIBCO