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 3 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
3 Aug 2015
Same period 2014 Same period 2013
Algo Trading
Rank 485 486 452
Rank change year-on-year
+1 -34
Contract jobs citing Algorithmic Trading 100 90 91
As % of all contract IT jobs located in England 0.19% 0.18% 0.20%
As % of the Processes & Methodologies category 0.25% 0.24% 0.26%
Number of daily rates quoted 86 80 70
Average daily rate
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£675 £650 £600
Average daily rate % change year-on-year
+3.84% +8.33%
90% offered a daily rate of more than £450 £524 £499
10% offered a daily rate of more than £750 £700 £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
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
40181 37789 35076
As % of all contract IT jobs located in England 77.87% 76.43% 75.29%
Number of daily rates quoted 26554 23781 21753
Average daily rate £425 £410 £413
Average daily rate % change year-on-year
+3.65% -0.60%
90% offered a daily rate of more than £288 £275 £275
10% offered a daily rate of more than £588 £575 £575
UK excluding London average daily rate £388 £375 £375
% change year-on-year
+3.33% -
Number of hourly rates quoted 1086 1099 1020
Average hourly rate £29.00 £24.12 £32.50
Average hourly rate % change year-on-year
+20.23% -25.78%
90% offered a hourly rate of more than £12.50 £12.62 £13.10
10% offered a hourly rate of more than £52.19 £47.30 £50.00
UK excluding London average hourly rate £30.52 £26.50 £31.00
% change year-on-year
+15.16% -14.51%

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 3 August 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 3 August 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 -3 100 £675 +3.84% 35
Algorithmic Trading
UK

Algorithmic Trading
Top 30 Related IT Skills in England

For the 6 months to 3 August 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.

1 112 (53.85%) Low Latency
2 96 (46.15%) Foreign Exchange (FX)
3 90 (43.27%) Front Office
4 78 (37.50%) Java
5 77 (37.02%) Equities
5 77 (37.02%) Multithreading
6 72 (34.62%) FIX Protocol
6 72 (34.62%) Banking
7 70 (33.65%) Finance
8 69 (33.17%) Linux
9 67 (32.21%) C++
10 51 (24.52%) UNIX
11 45 (21.63%) Algorithms
12 44 (21.15%) Investment Banking
13 39 (18.75%) SQL
14 35 (16.83%) Agile Software Development
15 31 (14.90%) Electronic Trading
16 30 (14.42%) C#
17 29 (13.94%) KDB
17 29 (13.94%) Derivative
18 26 (12.50%) Market Making
18 26 (12.50%) FX Algorithmic Trading
19 24 (11.54%) Perl
19 24 (11.54%) Risk Management
19 24 (11.54%) Fixed Income
20 23 (11.06%) Python
21 22 (10.58%) Software Engineering
22 21 (10.10%) TDD
22 21 (10.10%) Degree
23 20 (9.62%) WPF

Algorithmic Trading
Top Related IT Skills in England by Category

For the 6 months to 3 August 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.

Applications
1 2 (0.96%) MS Excel
2 1 (0.48%) MS Office
Business Applications
1 2 (0.96%) Summit
2 1 (0.48%) RMDS
2 1 (0.48%) Kondor+
Communications & Networking
1 6 (2.88%) TCP/IP
2 4 (1.92%) Multicast
3 1 (0.48%) DHCP
3 1 (0.48%) HTTP
3 1 (0.48%) DNS
3 1 (0.48%) SAN
3 1 (0.48%) Internet
3 1 (0.48%) iSCSI
3 1 (0.48%) NAS
Database & Business Intelligence
1 29 (13.94%) KDB
2 8 (3.85%) SQL Server
3 3 (1.44%) Relational Database
4 2 (0.96%) NoSQL
Development Applications
1 6 (2.88%) Subversion
1 6 (2.88%) Eclipse
2 3 (1.44%) Jenkins
2 3 (1.44%) Maven
3 1 (0.48%) Rhino Mocks
3 1 (0.48%) NMock
3 1 (0.48%) NUnit
General
1 90 (43.27%) Front Office
2 72 (34.62%) Banking
3 70 (33.65%) Finance
4 44 (21.15%) Investment Banking
5 8 (3.85%) Financial Institution
6 3 (1.44%) Marketing
6 3 (1.44%) Back Office
7 1 (0.48%) Advertising
7 1 (0.48%) Retail Banking
7 1 (0.48%) Corporate Banking
7 1 (0.48%) Retail
Job Titles
1 142 (68.27%) Developer
2 64 (30.77%) Java Developer
3 48 (23.08%) C++ Developer
4 43 (20.67%) Analyst
5 30 (14.42%) Senior Developer
6 23 (11.06%) Senior Java Developer
7 21 (10.10%) Support Analyst
8 18 (8.65%) C# Developer
9 14 (6.73%) Applications Support
10 13 (6.25%) Business Analyst
11 12 (5.77%) FIX Analyst
12 9 (4.33%) Applications Support Analyst
13 8 (3.85%) WPF Developer
14 5 (2.40%) Investment Banking Business Analyst
14 5 (2.40%) Senior WPF Developer
15 4 (1.92%) Banking Business Analyst
15 4 (1.92%) Junior Support Analyst
15 4 (1.92%) Junior Analyst
15 4 (1.92%) Junior
16 3 (1.44%) Software Engineer
Libraries, Frameworks & Software Standards
1 72 (34.62%) FIX Protocol
2 20 (9.62%) WPF
3 14 (6.73%) J2SE
3 14 (6.73%) Middleware
4 12 (5.77%) .NET
5 8 (3.85%) STL
5 8 (3.85%) Boost C++ Libraries
6 7 (3.37%) WinForms
7 6 (2.88%) Reactive Extensions
8 5 (2.40%) LINQ
8 5 (2.40%) AngularJS
8 5 (2.40%) Spring
9 3 (1.44%) HTML5
9 3 (1.44%) HTML
10 2 (0.96%) Silverlight
10 2 (0.96%) WCF
10 2 (0.96%) J2EE
11 1 (0.48%) Swing
11 1 (0.48%) Ultra Messaging
11 1 (0.48%) Ninject
Miscellaneous
1 96 (46.15%) Foreign Exchange (FX)
2 77 (37.02%) Equities
3 45 (21.63%) Algorithms
4 29 (13.94%) Derivative
5 24 (11.54%) Fixed Income
6 20 (9.62%) Data Structures
7 16 (7.69%) Analytical Skills
8 15 (7.21%) Mathematics
9 14 (6.73%) Hedge funds
10 11 (5.29%) Equity Derivative
11 7 (3.37%) Physics
11 7 (3.37%) Computer Science
12 5 (2.40%) Tandem
12 5 (2.40%) Field-Programmable Gate Array
13 4 (1.92%) VWAP
13 4 (1.92%) TWAP
13 4 (1.92%) SCADA
14 3 (1.44%) Visualisation
14 3 (1.44%) Index Arbitrage
14 3 (1.44%) Clustering
Operating Systems
1 69 (33.17%) Linux
2 51 (24.52%) UNIX
3 12 (5.77%) Windows
4 4 (1.92%) Red Hat Enterprise Linux
5 3 (1.44%) SUSE
5 3 (1.44%) AIX
5 3 (1.44%) Solaris
5 3 (1.44%) Oracle Linux
5 3 (1.44%) SUSE Linux Enterprise Server
6 1 (0.48%) Windows Server 2012
6 1 (0.48%) Windows Server 2008
6 1 (0.48%) Windows 7
Processes & Methodologies
1 112 (53.85%) Low Latency
2 77 (37.02%) Multithreading
3 35 (16.83%) Agile Software Development
4 31 (14.90%) Electronic Trading
5 26 (12.50%) Market Making
5 26 (12.50%) FX Algorithmic Trading
6 24 (11.54%) Risk Management
7 22 (10.58%) Software Engineering
8 21 (10.10%) TDD
9 16 (7.69%) OO
10 8 (3.85%) Garbage Collection
11 7 (3.37%) Performance Tuning
11 7 (3.37%) Continuous Integration
11 7 (3.37%) Stakeholder Engagement
12 6 (2.88%) Open Source
12 6 (2.88%) Performance Analysis
12 6 (2.88%) Migration
12 6 (2.88%) Operations Research
13 5 (2.40%) UML
13 5 (2.40%) Project Management
Programming Languages
1 78 (37.50%) Java
2 67 (32.21%) C++
3 39 (18.75%) SQL
4 30 (14.42%) C#
5 24 (11.54%) Perl
6 23 (11.06%) Python
7 13 (6.25%) Shell Script
8 8 (3.85%) C
9 7 (3.37%) PowerShell
10 6 (2.88%) JavaScript
11 3 (1.44%) Ruby
11 3 (1.44%) Bash Shell
12 2 (0.96%) Scala
12 2 (0.96%) AWK
12 2 (0.96%) Tcl
12 2 (0.96%) VB
13 1 (0.48%) XAML
13 1 (0.48%) PL/SQL
13 1 (0.48%) VBScript
13 1 (0.48%) C-shell
Qualifications
1 21 (10.10%) Degree
2 8 (3.85%) PhD
Quality Assurance & Compliance
1 2 (0.96%) MiFID
2 1 (0.48%) QA
2 1 (0.48%) EMIR
2 1 (0.48%) AIFMD
System Software
1 6 (2.88%) Active Directory
2 3 (1.44%) Veritas Cluster Server
3 1 (0.48%) NFS
3 1 (0.48%) VMware ESX
3 1 (0.48%) VMware Infrastructure
Systems Management
1 3 (1.44%) HP Operations Orchestration
1 3 (1.44%) Puppet
1 3 (1.44%) Opscode Chef
2 2 (0.96%) Tivoli
3 1 (0.48%) WMI
Vendors
1 10 (4.81%) Sybase
2 9 (4.33%) Oracle
3 7 (3.37%) Fidessa
4 4 (1.92%) Red Hat
4 4 (1.92%) ION Trading
5 3 (1.44%) Portware
5 3 (1.44%) Veritas
5 3 (1.44%) HP
5 3 (1.44%) EMC
6 2 (0.96%) Microsoft
6 2 (0.96%) Murex
6 2 (0.96%) Calypso
6 2 (0.96%) Bloomberg
6 2 (0.96%) Infragistics
6 2 (0.96%) Perforce
7 1 (0.48%) VMware
7 1 (0.48%) NYFIX
7 1 (0.48%) Charles River
7 1 (0.48%) Reuters
7 1 (0.48%) Cognizant
City of London
Harrington Starr
Rate: £400 - £1000 per day
Posted: 2 days ago