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 contractor rates offered in IT contracts that have cited Algorithmic Trading over the 3 months to 25 June 2016 with a comparison to the same period over 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.

3 months to
25 Jun 2016
Same period 2015 Same period 2014
Algo Trading
Rank 556 515 543
Rank change year-on-year
-41 +28
Contract jobs citing Algorithmic Trading 63 103 69
As % of all contract IT jobs located in England 0.13% 0.20% 0.14%
As % of the Processes & Methodologies category 0.16% 0.25% 0.18%
Number of daily rates quoted 56 79 61
Median daily rate £650 £650 £650
90% offered a daily rate of more than £588 £500 £500
10% offered a daily rate of more than £700 £750 £700
UK excluding London median daily rate - £425 £375
% change year-on-year
- +13.33%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
40110 40514 38511
As % of all contract IT jobs located in England 82.41% 79.68% 78.59%
Number of daily rates quoted 26974 26588 24639
Median daily rate £450 £415 £400
Median daily rate % change year-on-year
+8.43% +3.75%
90% offered a daily rate of more than £300 £288 £275
10% offered a daily rate of more than £600 £578 £575
UK excluding London median daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 915 1082 1144
Median hourly rate £27.50 £27.50 £27.50
90% offered a hourly rate of more than £12.58 £12.35 £13.00
10% offered a hourly rate of more than £49.46 £50.00 £46.00
UK excluding London median hourly rate £28.50 £30.00 £29.50
% change year-on-year
-5.00% +1.69%

Algorithmic Trading
Jobs Demand Trend in England

The demand trend of contract jobs across the England region citing Algorithmic Trading as a proportion of all IT contracts with a match in 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 25 June 2016.

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 median contractor rates quoted in IT jobs citing Algorithmic Trading within the England region over the 3 months to 25 June 2016. 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -27 63 £650 - 39
Algorithmic Trading
UK

Algorithmic Trading
Top 30 Related IT Skills in England

For the 6 months to 25 June 2016, IT contractor jobs citing Algorithmic Trading also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the England region with a requirement for Algorithmic Trading.

1 108 (66.26%) Front Office
2 105 (64.42%) Low Latency
3 99 (60.74%) Foreign Exchange (FX)
4 77 (47.24%) Multithreading
5 73 (44.79%) Market Making
6 72 (44.17%) C++
7 62 (38.04%) Banking
8 56 (34.36%) FIX Protocol
9 53 (32.52%) Electronic Trading
10 52 (31.90%) C#
11 49 (30.06%) Analytical Skills
12 44 (26.99%) Java
12 44 (26.99%) Risk Management
13 42 (25.77%) Unix
14 40 (24.54%) WPF
14 40 (24.54%) Investment Banking
15 39 (23.93%) Linux
16 38 (23.31%) WinForms
17 37 (22.70%) Finance
18 36 (22.09%) Performance Optimisation
19 34 (20.86%) Equities
20 32 (19.63%) Agile Software Development
20 32 (19.63%) KDB
21 31 (19.02%) Analytics
22 27 (16.56%) SQL
23 25 (15.34%) SQL Server
24 22 (13.50%) Algorithms
25 21 (12.88%) PhD
25 21 (12.88%) Degree
26 20 (12.27%) FX Algorithmic Trading

Algorithmic Trading
Top Related IT Skills in England by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 4 (2.45%) Confluence
2 2 (1.23%) Apache
2 2 (1.23%) Apache Spark
3 1 (0.61%) Oracle Coherence
3 1 (0.61%) SharePoint
Applications
1 4 (2.45%) MS Excel
Business Applications
1 7 (4.29%) Summit
2 1 (0.61%) ION MarketView
2 1 (0.61%) Oracle Procure-to-Pay
2 1 (0.61%) RMDS
Communications & Networking
1 9 (5.52%) TCP/IP
2 3 (1.84%) Firewall
3 1 (0.61%) BGP
3 1 (0.61%) HTTP
3 1 (0.61%) LAN
3 1 (0.61%) Multicast
3 1 (0.61%) SNMP
Database & Business Intelligence
1 32 (19.63%) KDB
2 25 (15.34%) SQL Server
3 4 (2.45%) SQL Server 2014
4 3 (1.84%) DB2
4 3 (1.84%) DTS
4 3 (1.84%) Relational Database
4 3 (1.84%) SQL Server 2000
4 3 (1.84%) SQL Server 2005
4 3 (1.84%) SQL Server 2008
4 3 (1.84%) SQL Server 2012
4 3 (1.84%) SQL Server Integration Services
5 2 (1.23%) Big Data
6 1 (0.61%) Data Mining
6 1 (0.61%) Data Warehouse
6 1 (0.61%) MongoDB
6 1 (0.61%) NoSQL
6 1 (0.61%) Tick Data
Development Applications
1 8 (4.91%) GDB
1 8 (4.91%) HP UFT
1 8 (4.91%) Selenium
2 5 (3.07%) Subversion
3 4 (2.45%) JIRA
4 3 (1.84%) Git (software)
4 3 (1.84%) Jasmine
4 3 (1.84%) Jenkins
4 3 (1.84%) JSUnit
4 3 (1.84%) Mocha
4 3 (1.84%) Moq
4 3 (1.84%) NUnit
4 3 (1.84%) QUnit
4 3 (1.84%) Rhino Mocks
4 3 (1.84%) Sinon.JS
4 3 (1.84%) TeamCity
4 3 (1.84%) Visual Studio
5 2 (1.23%) Ant
6 1 (0.61%) SpecFlow
6 1 (0.61%) Toad
General
1 108 (66.26%) Front Office
2 62 (38.04%) Banking
3 40 (24.54%) Investment Banking
4 37 (22.70%) Finance
5 8 (4.91%) Back Office
Job Titles
1 105 (64.42%) Developer
2 41 (25.15%) C# Developer
3 31 (19.02%) C++ Developer
4 30 (18.40%) Analyst
5 24 (14.72%) Java Developer
6 16 (9.82%) Banking Analyst
7 15 (9.20%) Business Analyst
8 12 (7.36%) Support Analyst
9 11 (6.75%) C++/C# Developer
9 11 (6.75%) FX Support Analyst
10 10 (6.13%) Electronic Trading Developer
11 9 (5.52%) QA Tester
11 9 (5.52%) Tester
11 9 (5.52%) Unix Analyst
11 9 (5.52%) Unix Support
11 9 (5.52%) Unix Support Analyst
12 8 (4.91%) Lead Tester
12 8 (4.91%) QA Leader
12 8 (4.91%) Senior QA Tester
12 8 (4.91%) Senior Tester
Libraries, Frameworks & Software Standards
1 56 (34.36%) FIX Protocol
2 40 (24.54%) WPF
3 38 (23.31%) WinForms
4 19 (11.66%) .NET
5 10 (6.13%) Middleware
6 8 (4.91%) MSMQ
7 7 (4.29%) STL
8 5 (3.07%) Boost C++ Libraries
8 5 (3.07%) HTML
9 4 (2.45%) HTML5
9 4 (2.45%) XML
10 3 (1.84%) ADO.NET
10 3 (1.84%) ASP.NET
10 3 (1.84%) ASP.NET MVC
10 3 (1.84%) CSS
10 3 (1.84%) KnockoutJS
10 3 (1.84%) LESS
10 3 (1.84%) Ninject
10 3 (1.84%) Sass
10 3 (1.84%) Ultra Messaging
Miscellaneous
1 99 (60.74%) Foreign Exchange (FX)
2 49 (30.06%) Analytical Skills
3 34 (20.86%) Equities
4 22 (13.50%) Algorithms
5 14 (8.59%) Data Structures
5 14 (8.59%) Fixed Income
6 11 (6.75%) Fintech
6 11 (6.75%) Hedge funds
7 7 (4.29%) Computer Science
7 7 (4.29%) Market Risk
7 7 (4.29%) N-Tier
8 5 (3.07%) Clustering
8 5 (3.07%) Derivative
9 4 (2.45%) Equity Derivative
10 3 (1.84%) Credit Risk
10 3 (1.84%) Replication
10 3 (1.84%) Visualisation
11 1 (0.61%) Inversion of Control
11 1 (0.61%) Mathematics
11 1 (0.61%) Reference Data
Operating Systems
1 42 (25.77%) Unix
2 39 (23.93%) Linux
3 9 (5.52%) Windows
4 5 (3.07%) AIX
4 5 (3.07%) Red Hat Enterprise Linux
4 5 (3.07%) Solaris
5 4 (2.45%) SUSE Linux Enterprise Server
6 3 (1.84%) Windows Server
6 3 (1.84%) Windows Server 2008
6 3 (1.84%) Windows Server 2012
7 1 (0.61%) Oracle Linux
7 1 (0.61%) SUSE
Processes & Methodologies
1 105 (64.42%) Low Latency
2 77 (47.24%) Multithreading
3 73 (44.79%) Market Making
4 53 (32.52%) Electronic Trading
5 44 (26.99%) Risk Management
6 36 (22.09%) Performance Optimisation
7 32 (19.63%) Agile Software Development
8 31 (19.02%) Analytics
9 20 (12.27%) FX Algorithmic Trading
10 14 (8.59%) Data Management
11 13 (7.98%) OO
12 12 (7.36%) ITIL
13 11 (6.75%) Migration
14 10 (6.13%) Automated Testing
14 10 (6.13%) High Availability
14 10 (6.13%) OOD
14 10 (6.13%) Test Automation
14 10 (6.13%) Ultra-Low Latency
15 9 (5.52%) DevOps
15 9 (5.52%) PRINCE2
Programming Languages
1 72 (44.17%) C++
2 52 (31.90%) C#
3 44 (26.99%) Java
4 27 (16.56%) SQL
5 19 (11.66%) Perl
5 19 (11.66%) Python
6 13 (7.98%) Shell Script
7 7 (4.29%) PowerShell
8 3 (1.84%) Bash Shell
8 3 (1.84%) Scala
8 3 (1.84%) T-SQL
8 3 (1.84%) VBScript
9 2 (1.23%) C
9 2 (1.23%) JavaScript
9 2 (1.23%) Ruby
10 1 (0.61%) ES6
10 1 (0.61%) PHP
10 1 (0.61%) VBA
Qualifications
1 21 (12.88%) Degree
1 21 (12.88%) PhD
2 8 (4.91%) ISEB
2 8 (4.91%) ISTQB
3 1 (0.61%) PMI Certification
3 1 (0.61%) PMP
Quality Assurance & Compliance
1 11 (6.75%) MiFID
1 11 (6.75%) QA
2 7 (4.29%) AIFMD
2 7 (4.29%) EMIR
3 1 (0.61%) Data Quality
System Software
1 3 (1.84%) Hyper-V
2 2 (1.23%) Veritas Cluster Server
3 1 (0.61%) VMware Infrastructure
Systems Management
1 9 (5.52%) ITRS Geneos
2 3 (1.84%) Failover Clustering
3 2 (1.23%) Tivoli
4 1 (0.61%) Puppet
4 1 (0.61%) Thomson Reuters DACS
Vendors
1 16 (9.82%) Sybase
2 12 (7.36%) Oracle
3 10 (6.13%) Splunk
4 7 (4.29%) Calypso
4 7 (4.29%) Fidessa
4 7 (4.29%) Murex
5 6 (3.68%) Solace
6 4 (2.45%) TIBCO
7 3 (1.84%) Microsoft
8 2 (1.23%) BT
8 2 (1.23%) Radianz
8 2 (1.23%) Veritas
9 1 (0.61%) Cisco
9 1 (0.61%) EMC
9 1 (0.61%) HP
9 1 (0.61%) Informatica
9 1 (0.61%) Infragistics
9 1 (0.61%) Red Hat
9 1 (0.61%) Reuters
9 1 (0.61%) VMware
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