The table below looks at the statistics for Algorithmic Trading skills in IT contracts advertised for the England 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 January 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 Jan 2015
Same period 2014 Same period 2013
Algorithmic Trading
Rank 497 478 497
Rank change year-on-year
-19 +19
Contract jobs citing Algorithmic Trading 60 61 25
As % of all contract IT jobs located in England 0.13% 0.14% 0.061%
As % of the Processes & Methodologies category 0.17% 0.18% 0.083%
Number of daily rates quoted 45 48 23
Average daily rate
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of your Daily Rate
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£600 £575 £600
Average daily rate % change year-on-year
+4.34% -4.16%
90% offered a daily rate of more than £400 £468 £325
10% offered a daily rate of more than £675 £683 £675
UK excluding London average daily rate £475 - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Algorithmic Trading
UK

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the England region.

Processes & Methodologies Category
England
Contract IT job ads with a match in the
Processes & Methodologies category
34421 33336 29989
As % of all contract IT jobs located in England 75.52% 74.76% 72.76%
Number of daily rates quoted 22421 20614 18160
Average daily rate £425 £405 £400
Average daily rate % change year-on-year
+4.93% +1.25%
90% offered a daily rate of more than £288 £275 £275
10% offered a daily rate of more than £578 £575 £575
UK excluding London average daily rate £398 £375 £360
% change year-on-year
+6.00% +4.16%
Number of hourly rates quoted 921 1049 1240
Average hourly rate £25.00 £27.00 £30.00
Average hourly rate % change year-on-year
-7.40% -10.00%
90% offered a hourly rate of more than £12.00 £12.00 £12.00
10% offered a hourly rate of more than £46.50 £46.30 £45.00
UK excluding London average hourly rate £26.00 £27.50 £31.07
% change year-on-year
-5.45% -11.49%

Algorithmic Trading
Jobs Demand Trend in England

This chart provides a 3-month moving total of IT contractor jobs citing Algorithmic Trading across the England region as a proportion of the total demand within the Processes & Methodologies category.

Algorithmic Trading Jobs Demand Trend in England

Algorithmic Trading
Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Algorithmic Trading across the England region.

Algorithmic Trading Daily Rate Trend in England

Algorithmic Trading
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing Algorithmic Trading across the England region over the 3 months to 28 January 2015.

Algorithmic Trading Daily Rate Histogram in England

Algorithmic Trading
Hourly Rate Trend in England

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Algorithmic Trading across the England region.

Algorithmic Trading Hourly Rate Trend in England

Algorithmic Trading
Contract Job Locations in England

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Algorithmic Trading within the England region over the 3 months to 28 January 2015. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +14 60 £600 +4.34% 28
East of England - - - -
Algorithmic Trading
UK

Algorithmic Trading
Top 30 Related IT Skills in England

For the 6 months to 28 January 2015, IT contractor jobs across the England 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.

1 146 (73.74%) Low Latency
2 137 (69.19%) Multithreading
3 132 (66.67%) Foreign Exchange (FX)
4 130 (65.66%) Java
5 111 (56.06%) Front Office
6 72 (36.36%) Banking
7 57 (28.79%) Finance
8 43 (21.72%) Agile Software Development
8 43 (21.72%) FIX Protocol
8 43 (21.72%) SQL
9 41 (20.71%) UNIX
9 41 (20.71%) Investment Banking
10 39 (19.70%) Linux
11 38 (19.19%) Analytical Skills
12 37 (18.69%) C++
13 34 (17.17%) KDB
14 32 (16.16%) C#
14 32 (16.16%) Equities
15 26 (13.13%) Middleware
16 24 (12.12%) Degree
16 24 (12.12%) Algorithms
17 23 (11.62%) Risk Management
18 22 (11.11%) Performance Tuning
19 21 (10.61%) Perl
20 20 (10.10%) Python
20 20 (10.10%) Mathematics
21 19 (9.60%) OO
21 19 (9.60%) Relational Database
21 19 (9.60%) Electronic Trading
22 17 (8.59%) Computer Science

Algorithmic Trading
Top Related IT Skills in England by Category

For the 6 months to 28 January 2015, IT contractor jobs across the England 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.

Application Platforms
1 5 (2.53%) TIBCO EMS
2 1 (0.51%) Oracle Coherence
2 1 (0.51%) MS Exchange
Applications
1 1 (0.51%) MS Office
Business Applications
1 1 (0.51%) RMDS
Communications & Networking
1 5 (2.53%) TCP/IP
2 4 (2.02%) Multicast
3 2 (1.01%) Firewall
4 1 (0.51%) DNS
Database & Business Intelligence
1 34 (17.17%) KDB
2 19 (9.60%) Relational Database
3 2 (1.01%) Big Data
3 2 (1.01%) SQL Server 2012
3 2 (1.01%) SQL Server
Development Applications
1 2 (1.01%) Visual Studio Tools for Office
1 2 (1.01%) Visual Studio
2 1 (0.51%) Subversion
2 1 (0.51%) Eclipse
General
1 111 (56.06%) Front Office
2 72 (36.36%) Banking
3 57 (28.79%) Finance
4 41 (20.71%) Investment Banking
5 2 (1.01%) Financial Institution
6 1 (0.51%) Mandarin Language
6 1 (0.51%) Law
6 1 (0.51%) Back Office
Job Titles
1 138 (69.70%) Developer
2 89 (44.95%) Java Developer
3 19 (9.60%) Analyst
4 18 (9.09%) C++ Developer
5 15 (7.58%) Senior Developer
6 13 (6.57%) Senior Java Developer
7 11 (5.56%) Support Analyst
8 8 (4.04%) Business Analyst
8 8 (4.04%) C# Developer
9 7 (3.54%) UNIX Engineer
10 6 (3.03%) WPF Developer
10 6 (3.03%) Lead Developer
10 6 (3.03%) Quantitative Developer
11 5 (2.53%) Python Developer
12 4 (2.02%) Lead Java Developer
13 3 (1.52%) Banking Business Analyst
13 3 (1.52%) Infrastructure Engineer
13 3 (1.52%) FIX Analyst
14 2 (1.01%) Lead .NET Developer
14 2 (1.01%) Senior WPF Developer
Libraries, Frameworks & Software Standards
1 43 (21.72%) FIX Protocol
2 26 (13.13%) Middleware
3 11 (5.56%) STL
3 11 (5.56%) Boost C++ Libraries
4 10 (5.05%) Spring
4 10 (5.05%) WPF
5 9 (4.55%) JMS
5 9 (4.55%) Rendezvous
6 7 (3.54%) LINQ
7 4 (2.02%) Reactive Extensions
8 3 (1.52%) .NET
8 3 (1.52%) HTML
8 3 (1.52%) HTML5
9 2 (1.01%) ADO.NET Entity Framework
9 2 (1.01%) ASP.NET Web API
9 2 (1.01%) Task Parallel Library
9 2 (1.01%) Silverlight
9 2 (1.01%) .NET Framework
9 2 (1.01%) Java SE
10 1 (0.51%) XML
Miscellaneous
1 132 (66.67%) Foreign Exchange (FX)
2 38 (19.19%) Analytical Skills
3 32 (16.16%) Equities
4 24 (12.12%) Algorithms
5 20 (10.10%) Mathematics
6 17 (8.59%) Computer Science
7 15 (7.58%) VWAP
7 15 (7.58%) TWAP
8 14 (7.07%) Derivative
9 10 (5.05%) Data Structures
10 9 (4.55%) Fixed Income
11 7 (3.54%) Clustering
12 6 (3.03%) Management Information System
12 6 (3.03%) Physics
13 3 (1.52%) Credit Derivative
13 3 (1.52%) Hedge funds
14 2 (1.01%) Statistical Arbitrage
14 2 (1.01%) Open Source
14 2 (1.01%) Equity Derivative
15 1 (0.51%) Credit Risk
Operating Systems
1 41 (20.71%) UNIX
2 39 (19.70%) Linux
3 11 (5.56%) Red Hat Enterprise Linux
4 9 (4.55%) Windows
5 8 (4.04%) Solaris
6 7 (3.54%) SUSE
6 7 (3.54%) AIX
6 7 (3.54%) SUSE Linux Enterprise Server
7 6 (3.03%) Oracle Linux
8 1 (0.51%) CentOS
Processes & Methodologies
1 146 (73.74%) Low Latency
2 137 (69.19%) Multithreading
3 43 (21.72%) Agile Software Development
4 23 (11.62%) Risk Management
5 22 (11.11%) Performance Tuning
6 19 (9.60%) OO
6 19 (9.60%) Electronic Trading
7 12 (6.06%) TDD
8 11 (5.56%) Software Engineering
9 8 (4.04%) E-Commerce
9 8 (4.04%) Operations Research
10 7 (3.54%) Configuration Management
10 7 (3.54%) Project Management
10 7 (3.54%) Financial Modelling
11 6 (3.03%) Ultra-Low Latency
11 6 (3.03%) Service Management
11 6 (3.03%) ITIL
11 6 (3.03%) ITSM
12 5 (2.53%) Enterprise Architecture
12 5 (2.53%) Numerical Analysis
Programming Languages
1 130 (65.66%) Java
2 43 (21.72%) SQL
3 37 (18.69%) C++
4 32 (16.16%) C#
5 21 (10.61%) Perl
6 20 (10.10%) Python
7 7 (3.54%) Ruby
8 3 (1.52%) C
9 2 (1.01%) C-shell
9 2 (1.01%) T-SQL
9 2 (1.01%) Shell Script
10 1 (0.51%) Korn
10 1 (0.51%) XAML
10 1 (0.51%) AWK
10 1 (0.51%) VB
10 1 (0.51%) Bash Shell
10 1 (0.51%) PowerShell
Qualifications
1 24 (12.12%) Degree
2 2 (1.01%) PhD
Quality Assurance & Compliance
1 3 (1.52%) QA
2 2 (1.01%) EMIR
2 2 (1.01%) Dodd-Frank
2 2 (1.01%) MiFID
System Software
1 7 (3.54%) Veritas Cluster Server
2 2 (1.01%) Firmware
3 1 (0.51%) Active Directory
Systems Management
1 7 (3.54%) Opscode Chef
1 7 (3.54%) Puppet
1 7 (3.54%) HP Operations Orchestration
2 1 (0.51%) CFEngine
Vendors
1 10 (5.05%) 29West
1 10 (5.05%) Oracle
2 9 (4.55%) TIBCO
2 9 (4.55%) Informatica
3 8 (4.04%) Veritas
4 7 (3.54%) HP
4 7 (3.54%) EMC
4 7 (3.54%) Red Hat
5 5 (2.53%) Sybase
5 5 (2.53%) IBM
6 4 (2.02%) StreamBase
7 3 (1.52%) Microsoft
7 3 (1.52%) Bloomberg
8 2 (1.01%) Cisco
8 2 (1.01%) Infragistics
8 2 (1.01%) ION Trading
9 1 (0.51%) Sun
9 1 (0.51%) Intel
London
TEKsystems
Rate: £650 - £700 per day
Posted: Yesterday
London
McGregor Boyall
Rate: £550 - £675 per day
Posted: 3 days ago
City, London
Roc Search
Posted: 5 days ago