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 August 2015 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 Aug 2015
Same period 2014 Same period 2013
Algo Trading
Rank - - 29
Contract jobs citing Algorithmic Trading 0 0 11
As % of all contract IT jobs located in Canary Wharf - - 5.05%
As % of the Processes & Methodologies category - - 6.15%
Number of daily rates quoted 0 0 11
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
- - £700
UK excluding London average daily rate £450 £375 -
% change year-on-year
+20.00% -
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
158 103 179
As % of all contract IT jobs located in Canary Wharf 84.49% 90.35% 82.11%
Number of daily rates quoted 112 50 129
Average daily rate £475 £450 £484
Average daily rate % change year-on-year
+5.55% -7.02%
90% offered a daily rate of more than £350 £325 £300
10% offered a daily rate of more than £575 £600 £700
UK excluding London average daily rate £400 £375 £370
% change year-on-year
+6.66% +1.35%
Number of hourly rates quoted 0 7 0
Average hourly rate - £18.00 -
UK excluding London average hourly rate £32.50 £25.00 £30.00
% change year-on-year
+30.00% -16.66%

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

Algorithmic Trading
Top 24 Related IT Skills in Canary Wharf

For the 6 months to 28 August 2015, IT contractor jobs across the Canary Wharf region citing Algorithmic Trading also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Algorithmic Trading.

1 1 (100.00%) JavaScript
1 1 (100.00%) Perl
1 1 (100.00%) VBScript
1 1 (100.00%) UNIX
1 1 (100.00%) Configuration Management
1 1 (100.00%) Change Management
1 1 (100.00%) Front Office
1 1 (100.00%) Risk Management
1 1 (100.00%) Finance
1 1 (100.00%) Equities
1 1 (100.00%) Banking
1 1 (100.00%) Retail
1 1 (100.00%) Derivative
1 1 (100.00%) Equity Derivative
1 1 (100.00%) Retail Banking
1 1 (100.00%) Corporate Banking
1 1 (100.00%) Problem Management
1 1 (100.00%) Release Management
1 1 (100.00%) Electronic Trading
1 1 (100.00%) Investment Management
1 1 (100.00%) Performance Management
1 1 (100.00%) Business Process Improvement
1 1 (100.00%) Root Cause Analysis
1 1 (100.00%) Low Latency

Algorithmic Trading
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 28 August 2015, IT contractor jobs across the Canary Wharf region citing Algorithmic Trading also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Algorithmic Trading. Up to 20 skills are shown per category.

General
1 1 (100.00%) Front Office
1 1 (100.00%) Finance
1 1 (100.00%) Banking
1 1 (100.00%) Retail
1 1 (100.00%) Retail Banking
1 1 (100.00%) Corporate Banking
Job Titles
1 1 (100.00%) Analyst
1 1 (100.00%) Support Analyst
1 1 (100.00%) Applications Support
1 1 (100.00%) 2nd Line Support
1 1 (100.00%) Applications Support Analyst
1 1 (100.00%) 2nd Line Support Analyst
Miscellaneous
1 1 (100.00%) Equities
1 1 (100.00%) Derivative
1 1 (100.00%) Equity Derivative
Operating Systems
1 1 (100.00%) UNIX
Processes & Methodologies
1 1 (100.00%) Configuration Management
1 1 (100.00%) Change Management
1 1 (100.00%) Risk Management
1 1 (100.00%) Problem Management
1 1 (100.00%) Release Management
1 1 (100.00%) Electronic Trading
1 1 (100.00%) Investment Management
1 1 (100.00%) Performance Management
1 1 (100.00%) Business Process Improvement
1 1 (100.00%) Root Cause Analysis
1 1 (100.00%) Low Latency
Programming Languages
1 1 (100.00%) JavaScript
1 1 (100.00%) Perl
1 1 (100.00%) VBScript