The first table below looks at the demand 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 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Processes & Methodologies category for the England region.

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 Jul 2014
Same period 2013 Same period 2012
Algorithmic Trading
Rank 466 462 478
Rank change year-on-year
-4 +16
Contract jobs citing Algorithmic Trading 91 88 96
As % of all contract IT jobs located in England 0.18% 0.19% 0.18%
As % of the Processes & Methodologies category 0.25% 0.26% 0.25%
Number of daily rates quoted 79 69 64
Average daily rate
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of your Daily Rate
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£650 £600 £600
Average daily rate % change year-on-year
+8.33% -
90% offered a daily rate of more than £523 £500 £385
10% offered a daily rate of more than £700 £700 £700
UK excluding London average daily rate £375 - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Processes & Methodologies Category
England
Contract IT job ads with a match in the
Processes & Methodologies category
36743 34175 37676
As % of all contract IT jobs located in England 74.41% 73.35% 71.08%
Number of daily rates quoted 23166 21189 22136
Average daily rate £408 £413 £400
Average daily rate % change year-on-year
-1.21% +3.12%
90% offered a daily rate of more than £275 £275 £270
10% offered a daily rate of more than £575 £575 £575
UK excluding London average daily rate £375 £375 £363
% change year-on-year
- +3.44%
Number of hourly rates quoted 1090 995 1360
Average hourly rate £23.63 £32.00 £32.00
Average hourly rate % change year-on-year
-26.15% -
90% offered a hourly rate of more than £12.50 £13.44 £14.00
10% offered a hourly rate of more than £45.20 £50.00 £47.50
UK excluding London average hourly rate £26.50 £31.00 £32.00
% change year-on-year
-14.51% -3.12%
Algorithmic Trading
UK

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 July 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 28 July 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 +16 91 £650 +8.33% 29
West Midlands - - - -
Algorithmic Trading
UK

Algorithmic Trading
Top 30 Related IT Skills in England

For the 6 months to 28 July 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 92 (71.88%) Low Latency
2 90 (70.31%) Foreign Exchange (FX)
3 77 (60.16%) Multithreading
4 76 (59.38%) Java
5 66 (51.56%) Front Office
6 56 (43.75%) Banking
7 45 (35.16%) SQL
8 38 (29.69%) C#
9 35 (27.34%) Finance
10 34 (26.56%) Electronic Trading
11 33 (25.78%) FIX Protocol
12 30 (23.44%) C++
13 28 (21.88%) Equities
13 28 (21.88%) Investment Banking
14 27 (21.09%) Oracle
15 23 (17.97%) Linux
16 21 (16.41%) Oracle Coherence
17 20 (15.63%) Degree
18 19 (14.84%) UNIX
19 16 (12.50%) VWAP
19 16 (12.50%) TWAP
19 16 (12.50%) Performance Tuning
20 15 (11.72%) Relational Database
21 14 (10.94%) Computer Science
21 14 (10.94%) Risk Management
22 13 (10.16%) Middleware
23 12 (9.38%) E-Commerce
24 11 (8.59%) Fixed Income
24 11 (8.59%) Software Engineering
25 9 (7.03%) KDB

Algorithmic Trading
Top Related IT Skills in England by Category

For the 6 months to 28 July 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 21 (16.41%) Oracle Coherence
Applications
1 3 (2.34%) MS Office
Business Applications
1 8 (6.25%) RMDS
Communications & Networking
1 8 (6.25%) TCP/IP
2 5 (3.91%) Multicast
3 1 (0.78%) HTTP
3 1 (0.78%) BGP
3 1 (0.78%) Firewall
Database & Business Intelligence
1 15 (11.72%) Relational Database
2 9 (7.03%) KDB
3 5 (3.91%) SQL Server
Development Applications
1 2 (1.56%) Eclipse
1 2 (1.56%) Maven
1 2 (1.56%) Ant
2 1 (0.78%) JUnit
2 1 (0.78%) Visual Studio
2 1 (0.78%) JIRA
2 1 (0.78%) SpecFlow
General
1 66 (51.56%) Front Office
2 56 (43.75%) Banking
3 35 (27.34%) Finance
4 28 (21.88%) Investment Banking
5 5 (3.91%) Financial Institution
6 4 (3.13%) Back Office
7 2 (1.56%) Retail
8 1 (0.78%) Legal
8 1 (0.78%) Games
Job Titles
1 81 (63.28%) Developer
2 39 (30.47%) Java Developer
3 29 (22.66%) C# Developer
4 11 (8.59%) Analyst
5 9 (7.03%) Senior Developer
6 8 (6.25%) Development Manager
7 7 (5.47%) Business Analyst
8 6 (4.69%) Senior Java Developer
9 5 (3.91%) C++ Developer
9 5 (3.91%) Lead Developer
10 4 (3.13%) WPF Developer
11 3 (2.34%) Python Developer
11 3 (2.34%) Project Manager
12 2 (1.56%) Support Analyst
12 2 (1.56%) Senior Analyst
12 2 (1.56%) Lead Java Developer
12 2 (1.56%) Fidessa Analyst
13 1 (0.78%) E-Commerce Specialist
13 1 (0.78%) Banking Business Analyst
13 1 (0.78%) Messaging Analyst
Libraries, Frameworks & Software Standards
1 33 (25.78%) FIX Protocol
2 13 (10.16%) Middleware
3 7 (5.47%) .NET
4 5 (3.91%) WPF
5 4 (3.13%) LINQ
6 3 (2.34%) RabbitMQ
6 3 (2.34%) Rendezvous
7 2 (1.56%) JMS
7 2 (1.56%) WinForms
7 2 (1.56%) STL
7 2 (1.56%) Reactive Extensions
7 2 (1.56%) WCF
8 1 (0.78%) Boost C++ Libraries
8 1 (0.78%) XML
8 1 (0.78%) J2SE
Miscellaneous
1 90 (70.31%) Foreign Exchange (FX)
2 28 (21.88%) Equities
3 16 (12.50%) VWAP
3 16 (12.50%) TWAP
4 14 (10.94%) Computer Science
5 11 (8.59%) Fixed Income
6 7 (5.47%) Mathematics
7 6 (4.69%) Credit Derivative
8 5 (3.91%) Visualisation
8 5 (3.91%) Hedge funds
9 4 (3.13%) Client/Server
9 4 (3.13%) Derivative
10 3 (2.34%) Open Source
11 2 (1.56%) Statistics
11 2 (1.56%) Physics
12 1 (0.78%) Enterprise Software
12 1 (0.78%) Credit Risk
Operating Systems
1 23 (17.97%) Linux
2 19 (14.84%) UNIX
3 8 (6.25%) Windows
4 6 (4.69%) Solaris
Processes & Methodologies
1 92 (71.88%) Low Latency
2 77 (60.16%) Multithreading
3 34 (26.56%) Electronic Trading
4 16 (12.50%) Performance Tuning
5 14 (10.94%) Risk Management
6 12 (9.38%) E-Commerce
7 11 (8.59%) Software Engineering
8 6 (4.69%) OO
9 5 (3.91%) Business Analysis
9 5 (3.91%) TDD
10 4 (3.13%) Change Control
10 4 (3.13%) Process Management
10 4 (3.13%) Agile Software Development
10 4 (3.13%) Problem Management
11 3 (2.34%) Web Development
11 3 (2.34%) Business Development
11 3 (2.34%) Analytics
11 3 (2.34%) Ultra-Low Latency
12 2 (1.56%) Wealth Management
12 2 (1.56%) Statistical Analysis
Programming Languages
1 76 (59.38%) Java
2 45 (35.16%) SQL
3 38 (29.69%) C#
4 30 (23.44%) C++
5 8 (6.25%) Python
6 6 (4.69%) Scala
7 4 (3.13%) Shell Script
7 4 (3.13%) Perl
8 3 (2.34%) AWK
8 3 (2.34%) C-shell
9 2 (1.56%) C
10 1 (0.78%) VB
10 1 (0.78%) Bash Shell
10 1 (0.78%) R
10 1 (0.78%) PowerShell
Qualifications
1 20 (15.63%) Degree
2 2 (1.56%) PhD
System Software
1 1 (0.78%) Active Directory
Vendors
1 27 (21.09%) Oracle
2 9 (7.03%) 29West
3 6 (4.69%) ION Trading
3 6 (4.69%) Tradeweb
3 6 (4.69%) TIBCO
3 6 (4.69%) Bloomberg
4 3 (2.34%) Infragistics
4 3 (2.34%) Perforce
5 2 (1.56%) Fidessa
6 1 (0.78%) Portware
6 1 (0.78%) Radianz
6 1 (0.78%) Reuters
6 1 (0.78%) Sybase
6 1 (0.78%) Microsoft
City, London
Aston Carter
Rate: £750 - £850 per day
Posted: 4 days ago
London
ComputAppoint
Rate: £550 - £600 per day
Posted: 5 days ago
London
ComputAppoint
Rate: £600 - £700 per annum
Posted: 5 days ago
London
Radley James Ltd
Posted: 5 days ago
City, London
Aston Carter
Rate: £900 - £1050 per annum
Posted: 6 days ago
London
Hays IT - Uk Posting account
Rate: £600.00 - £650.00 per annum
Posted: 6 days ago
London
Oliver Bernard
Rate: From £425 to £475 per day
Posted: 6 days ago