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 23 October 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
23 Oct 2014
Same period 2013 Same period 2012
Algorithmic Trading
Rank 443 462 436
Rank change year-on-year
+19 -26
Contract jobs citing Algorithmic Trading 145 94 113
As % of all contract IT jobs located in England 0.27% 0.20% 0.23%
As % of the Processes & Methodologies category 0.37% 0.27% 0.31%
Number of daily rates quoted 136 74 75
Average daily rate
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£650 £538 £575
Average daily rate % change year-on-year
+20.93% -6.52%
90% offered a daily rate of more than £550 £400 £325
10% offered a daily rate of more than £700 £700 £675
UK excluding London average daily rate £425 - -
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
39401 35167 36247
As % of all contract IT jobs located in England 73.86% 74.61% 72.50%
Number of daily rates quoted 25670 22283 21520
Average daily rate £424 £405 £400
Average daily rate % change year-on-year
+4.69% +1.25%
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £590 £575 £580
UK excluding London average daily rate £375 £363 £370
% change year-on-year
+3.44% -2.02%
Number of hourly rates quoted 1124 1019 1347
Average hourly rate £24.00 £27.50 £28.00
Average hourly rate % change year-on-year
-12.72% -1.78%
90% offered a hourly rate of more than £12.00 £12.75 £12.50
10% offered a hourly rate of more than £47.50 £45.00 £46.00
UK excluding London average hourly rate £25.00 £28.00 £26.90
% change year-on-year
-10.71% +4.08%

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 23 October 2014.

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 23 October 2014. 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 +54 145 £650 +20.93% 20
West Midlands - - - -
East of England - - - - 1
Algorithmic Trading
UK

Algorithmic Trading
Top 30 Related IT Skills in England

For the 6 months to 23 October 2014, 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.

1 177 (77.63%) Multithreading
2 174 (76.32%) Low Latency
3 172 (75.44%) Foreign Exchange (FX)
4 152 (66.67%) Java
5 120 (52.63%) Front Office
6 97 (42.54%) Banking
7 67 (29.39%) Analytical Skills
8 62 (27.19%) SQL
9 52 (22.81%) C#
10 50 (21.93%) Finance
11 44 (19.30%) Investment Banking
12 43 (18.86%) Linux
13 42 (18.42%) C++
14 37 (16.23%) Performance Tuning
15 33 (14.47%) Algorithms
15 33 (14.47%) Equities
15 33 (14.47%) Electronic Trading
15 33 (14.47%) FIX Protocol
16 32 (14.04%) UNIX
17 30 (13.16%) VWAP
17 30 (13.16%) Agile Software Development
17 30 (13.16%) TWAP
18 28 (12.28%) Degree
19 27 (11.84%) KDB
19 27 (11.84%) Relational Database
20 25 (10.96%) Oracle
21 22 (9.65%) Computer Science
22 20 (8.77%) Risk Management
23 19 (8.33%) Oracle Coherence
24 18 (7.89%) Mathematics

Algorithmic Trading
Top Related IT Skills in England by Category

For the 6 months to 23 October 2014, 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 19 (8.33%) Oracle Coherence
2 1 (0.44%) TIBCO EMS
Applications
1 3 (1.32%) MS Office
Business Applications
1 4 (1.75%) RMDS
Communications & Networking
1 10 (4.39%) TCP/IP
2 8 (3.51%) Multicast
3 3 (1.32%) Firewall
4 1 (0.44%) DNS
4 1 (0.44%) BGP
Database & Business Intelligence
1 27 (11.84%) KDB
1 27 (11.84%) Relational Database
2 6 (2.63%) SQL Server
3 2 (0.88%) Big Data
3 2 (0.88%) SQL Server 2012
Development Applications
1 2 (0.88%) Visual Studio
1 2 (0.88%) Eclipse
1 2 (0.88%) Visual Studio Tools for Office
2 1 (0.44%) JUnit
2 1 (0.44%) JIRA
General
1 120 (52.63%) Front Office
2 97 (42.54%) Banking
3 50 (21.93%) Finance
4 44 (19.30%) Investment Banking
5 7 (3.07%) Financial Institution
6 2 (0.88%) Back Office
7 1 (0.44%) Law
7 1 (0.44%) Games
Job Titles
1 169 (74.12%) Developer
2 101 (44.30%) Java Developer
3 33 (14.47%) C# Developer
4 17 (7.46%) Senior Developer
5 16 (7.02%) C++ Developer
6 14 (6.14%) Senior Java Developer
7 13 (5.70%) Analyst
8 10 (4.39%) Lead Developer
9 9 (3.95%) Business Analyst
10 8 (3.51%) WPF Developer
11 6 (2.63%) Quantitative Developer
12 5 (2.19%) Lead Java Developer
13 4 (1.75%) Support Analyst
14 3 (1.32%) Infrastructure Engineer
14 3 (1.32%) Python Developer
14 3 (1.32%) Senior WPF Developer
14 3 (1.32%) Banking Business Analyst
15 2 (0.88%) Investment Banking Business Analyst
15 2 (0.88%) IT Business Analyst
15 2 (0.88%) UNIX Engineer
Libraries, Frameworks & Software Standards
1 33 (14.47%) FIX Protocol
2 14 (6.14%) Middleware
3 12 (5.26%) WPF
4 11 (4.82%) STL
5 10 (4.39%) Boost C++ Libraries
6 7 (3.07%) .NET
6 7 (3.07%) LINQ
7 6 (2.63%) Rendezvous
7 6 (2.63%) Spring
8 5 (2.19%) JMS
9 4 (1.75%) Reactive Extensions
10 3 (1.32%) HTML5
10 3 (1.32%) HTML
11 2 (0.88%) WinForms
11 2 (0.88%) ADO.NET Entity Framework
11 2 (0.88%) Task Parallel Library
11 2 (0.88%) ASP.NET Web API
11 2 (0.88%) .NET Framework
11 2 (0.88%) Java SE
11 2 (0.88%) Silverlight
Miscellaneous
1 172 (75.44%) Foreign Exchange (FX)
2 67 (29.39%) Analytical Skills
3 33 (14.47%) Algorithms
3 33 (14.47%) Equities
4 30 (13.16%) VWAP
4 30 (13.16%) TWAP
5 22 (9.65%) Computer Science
6 18 (7.89%) Mathematics
7 16 (7.02%) Data Structures
8 12 (5.26%) Derivative
9 9 (3.95%) Fixed Income
10 5 (2.19%) Physics
11 4 (1.75%) Client/Server
11 4 (1.75%) Hedge funds
12 3 (1.32%) Credit Derivative
13 2 (0.88%) Equity Derivative
13 2 (0.88%) Statistics
13 2 (0.88%) Visualisation
13 2 (0.88%) Statistical Arbitrage
14 1 (0.44%) Credit Risk
Operating Systems
1 43 (18.86%) Linux
2 32 (14.04%) UNIX
3 11 (4.82%) Windows
4 4 (1.75%) Red Hat Enterprise Linux
5 3 (1.32%) Solaris
6 1 (0.44%) CentOS
Processes & Methodologies
1 177 (77.63%) Multithreading
2 174 (76.32%) Low Latency
3 37 (16.23%) Performance Tuning
4 33 (14.47%) Electronic Trading
5 30 (13.16%) Agile Software Development
6 20 (8.77%) Risk Management
7 13 (5.70%) E-Commerce
8 11 (4.82%) Software Engineering
9 10 (4.39%) OO
10 6 (2.63%) Ultra-Low Latency
10 6 (2.63%) Business Analysis
10 6 (2.63%) Operations Research
11 5 (2.19%) Business Development
11 5 (2.19%) Project Management
11 5 (2.19%) Financial Modelling
12 4 (1.75%) Process Management
12 4 (1.75%) Enterprise Architecture
13 3 (1.32%) Problem Management
13 3 (1.32%) MVVM
13 3 (1.32%) Mentoring
Programming Languages
1 152 (66.67%) Java
2 62 (27.19%) SQL
3 52 (22.81%) C#
4 42 (18.42%) C++
5 15 (6.58%) Python
6 11 (4.82%) Perl
7 6 (2.63%) Shell Script
8 4 (1.75%) C-shell
9 3 (1.32%) AWK
10 2 (0.88%) C
10 2 (0.88%) PowerShell
10 2 (0.88%) Bash Shell
10 2 (0.88%) T-SQL
11 1 (0.44%) VB
11 1 (0.44%) XAML
11 1 (0.44%) R
11 1 (0.44%) Korn
Qualifications
1 28 (12.28%) Degree
2 5 (2.19%) PhD
Quality Assurance & Compliance
1 2 (0.88%) MiFID
1 2 (0.88%) EMIR
1 2 (0.88%) Dodd-Frank
System Software
1 2 (0.88%) Firmware
2 1 (0.44%) Active Directory
Systems Management
1 1 (0.44%) CFEngine
Vendors
1 25 (10.96%) Oracle
2 9 (3.95%) 29West
3 5 (2.19%) Infragistics
3 5 (2.19%) Sybase
3 5 (2.19%) Informatica
4 4 (1.75%) StreamBase
5 3 (1.32%) Perforce
5 3 (1.32%) TIBCO
5 3 (1.32%) Bloomberg
6 2 (0.88%) Cisco
6 2 (0.88%) Microsoft
7 1 (0.44%) Intel
7 1 (0.44%) Radianz
7 1 (0.44%) Veritas
7 1 (0.44%) Red Hat
7 1 (0.44%) Portware
City, London
TEKsystems
Rate: £600 - £700 per day
Posted: 9 hours ago
City, London
McGregor Boyall
Rate: £600 - £700 per day
Posted: 6 days ago
London
McGregor Boyall
Rate: £600 - £720 per day
Posted: 6 days ago
City of London
iKonnect
Rate: £500 - £550 per day
Posted: 22 days ago