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The table below looks at the demand for Algorithmic Trading skills within the Docklands, London region with a comparison to our Processes & Methodologies category. Included is a guide to the contractor rates offered in IT jobs that have cited Algorithmic Trading over the 3 months to 13 October 2008 with a comparison to the same period last year.

LinkAlgorithmic Trading
Location
3 months to
13 Oct 2008
Same period last year
Rank6498
Rank change on same period last yearUp+34
Matching contract IT job ads17
As % of all UK contract IT job ads sampled0.001 %0.007 %
As % of the category below0.226 %0.764 %
Daily rates quoted03
Average minimum daily rate-£600
Average daily rate-£650
% change on same period last year-
Average maximum daily rate-£700
UK excluding London average daily rate--
% change on same period last year-
Hourly rates quoted00
Average minimum hourly rate--
Average hourly rate--
% change on same period last year-
Average maximum hourly rate--
UK excluding London average hourly rate--
% change on same period last year-
Docklands, London IT Contractor Job Market, Processes & MethodologiesProcesses & Methodologies
Docklands, London
Matching contract IT job ads443916
As % of all UK contract IT job ads sampled0.626 %0.927 %
Daily rates quoted222392
Average minimum daily rate£398£433
Average daily rate£422£461
% change on same period last year-8.46 %
Average maximum daily rate£445£489
UK excluding London average daily rate£377£371
% change on same period last year+1.83 %
Hourly rates quoted65
Average minimum hourly rate£18.63£25.18
Average hourly rate£19.63£25.73
% change on same period last year-23.71 %
Average maximum hourly rate£20.63£26.27
UK excluding London average hourly rate£29.42£29.97
% change on same period last year-1.81 %
Algorithmic Trading LondonAlgorithmic Trading
London

We calculate average IT contractor rates directly from the figures quoted and do not attempt to derive hourly rates from daily rates or vice versa.

Algorithmic Trading
Demand Trend

The chart provides a 3-month moving total beginning in 2004 of IT contractor jobs citing Algorithmic Trading across the Docklands, London region as a proportion of the total demand within the Processes & Methodologies category.

Docklands, London Algorithmic Trading Demand Trend

Algorithmic Trading
Daily Rate Trend

The chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Algorithmic Trading across the Docklands, London region.

Docklands, London Algorithmic Trading Daily Rate Trend

Algorithmic Trading
Top 20 Related IT Skills

For the 6 months to 13 October 2008, IT contractor jobs across the Docklands, London 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.

16 (100.00 %)Equities
25 (83.33 %)Front Office
34 (66.67 %)Java
34 (66.67 %)UNIX
43 (50.00 %)OO
43 (50.00 %)J2SE
43 (50.00 %)Fidessa
43 (50.00 %)Shell Script
43 (50.00 %)Portware
43 (50.00 %)Unit Testing
43 (50.00 %)KDB
43 (50.00 %)System Testing
52 (33.33 %)Banking
52 (33.33 %)Investment Banking
52 (33.33 %)Finance
61 (16.67 %)MS Visio
61 (16.67 %)Linux
61 (16.67 %)Sybase
61 (16.67 %)Business Analysis
61 (16.67 %)Derivative

Algorithmic Trading
Top Related IT Skills by Category

For the 6 months to 13 October 2008, IT contractor jobs across the Docklands, London 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.

Docklands, London IT Contractor Job Market, Application DevelopmentApplication Development
13 (50.00 %)J2SE
Docklands, London IT Contractor Job Market, ApplicationsApplications
11 (16.67 %)MS Visio
Docklands, London IT Contractor Job Market, Database & Business IntelligenceDatabase & Business Intelligence
13 (50.00 %)KDB
Docklands, London IT Contractor Job Market, GeneralGeneral
15 (83.33 %)Front Office
22 (33.33 %)Finance
22 (33.33 %)Banking
22 (33.33 %)Investment Banking
Docklands, London IT Contractor Job Market, Job TitlesJob Titles
13 (50.00 %)Developer
13 (50.00 %)Analyst
22 (33.33 %)Senior Analyst
22 (33.33 %)Business Analyst
31 (16.67 %)Senior Analyst Programmer
31 (16.67 %)Java Analyst Programmer
31 (16.67 %)Java Programmer
31 (16.67 %)Senior Programmer
31 (16.67 %)Senior Java Analyst Programmer
31 (16.67 %)Senior Java Programmer
31 (16.67 %)Analyst Programmer
31 (16.67 %)Programmer
31 (16.67 %)Senior Business Analyst
Docklands, London IT Contractor Job Market, MiscellaneousMiscellaneous
16 (100.00 %)Equities
21 (16.67 %)Derivative
Docklands, London IT Contractor Job Market, Operating SystemsOperating Systems
14 (66.67 %)UNIX
21 (16.67 %)Linux
Docklands, London IT Contractor Job Market, Processes & MethodologiesProcesses & Methodologies
13 (50.00 %)OO
13 (50.00 %)Unit Testing
13 (50.00 %)System Testing
21 (16.67 %)Business Analysis
Docklands, London IT Contractor Job Market, Programming LanguagesProgramming Languages
14 (66.67 %)Java
23 (50.00 %)Shell Script
Docklands, London IT Contractor Job Market, VendorsVendors
13 (50.00 %)Fidessa
13 (50.00 %)Portware
21 (16.67 %)Sybase