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 29 April 2016 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.

3 months to
29 Apr 2016
Same period 2015 Same period 2014
Algo Trading
Rank 532 490 555
Rank change year-on-year
-42 +65
Contract jobs citing Algorithmic Trading 89 109 37
As % of all contract IT jobs located in England 0.17% 0.22% 0.074%
As % of the Processes & Methodologies category 0.21% 0.27% 0.096%
Number of daily rates quoted 73 82 34
Average daily rate £700 £625 £625
Average daily rate % change year-on-year
+12.00% -
90% offered a daily rate of more than £463 £489 £500
10% offered a daily rate of more than £725 £750 £738
UK excluding London average daily rate - £650 -
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
41811 39981 38714
As % of all contract IT jobs located in England 81.63% 78.99% 77.86%
Number of daily rates quoted 27954 25305 24543
Average daily rate £445 £420 £400
Average daily rate % change year-on-year
+6.07% +4.87%
90% offered a daily rate of more than £300 £285 £275
10% offered a daily rate of more than £600 £575 £570
UK excluding London average daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 913 1164 1124
Average hourly rate £32.50 £29.00 £30.00
Average hourly rate % change year-on-year
+12.06% -3.33%
90% offered a hourly rate of more than £12.75 £12.36 £12.50
10% offered a hourly rate of more than £48.00 £47.83 £50.00
UK excluding London average hourly rate £36.00 £30.50 £31.50
% change year-on-year
+18.03% -3.17%

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 29 April 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 average contractor rates quoted in IT jobs citing Algorithmic Trading within the England region over the 3 months to 29 April 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
(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 -32 89 £700 +12.00% 30
Algorithmic Trading
UK

Algorithmic Trading
Top 30 Related IT Skills in England

For the 6 months to 29 April 2016, 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.

1 126 (63.32%) Front Office
2 118 (59.30%) Low Latency
3 113 (56.78%) Foreign Exchange (FX)
4 86 (43.22%) Banking
5 81 (40.70%) Multithreading
6 74 (37.19%) Market Making
7 73 (36.68%) C++
7 73 (36.68%) Java
8 58 (29.15%) Finance
9 55 (27.64%) Equities
10 53 (26.63%) Investment Banking
11 50 (25.13%) Electronic Trading
11 50 (25.13%) Linux
12 46 (23.12%) FIX Protocol
13 45 (22.61%) Analytical Skills
14 43 (21.61%) C#
15 40 (20.10%) KDB
16 37 (18.59%) Risk Management
16 37 (18.59%) Unix
17 31 (15.58%) WPF
18 30 (15.08%) SQL
19 29 (14.57%) PhD
19 29 (14.57%) WinForms
19 29 (14.57%) Agile Software Development
19 29 (14.57%) Analytics
19 29 (14.57%) Algorithms
20 27 (13.57%) Performance Optimisation
20 27 (13.57%) SQL Server
21 26 (13.07%) Perl
21 26 (13.07%) Python

Algorithmic Trading
Top Related IT Skills in England by Category

For the 6 months to 29 April 2016, 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 2 (1.01%) Apache
1 2 (1.01%) Apache Spark
1 2 (1.01%) Confluence
1 2 (1.01%) Oracle Coherence
Applications
1 4 (2.01%) MS Excel
Business Applications
1 13 (6.53%) Summit
2 1 (0.50%) ION MarketView
2 1 (0.50%) Oracle Procure-to-Pay
2 1 (0.50%) RMDS
Communications & Networking
1 11 (5.53%) TCP/IP
2 3 (1.51%) Firewall
3 2 (1.01%) Multicast
4 1 (0.50%) BGP
4 1 (0.50%) HTTP
4 1 (0.50%) LAN
4 1 (0.50%) SNMP
4 1 (0.50%) Unicast
Database & Business Intelligence
1 40 (20.10%) KDB
2 27 (13.57%) SQL Server
3 8 (4.02%) Relational Database
4 5 (2.51%) NoSQL
5 4 (2.01%) SQL Server 2014
6 3 (1.51%) DTS
6 3 (1.51%) SQL Server 2000
6 3 (1.51%) SQL Server 2005
6 3 (1.51%) SQL Server 2008
6 3 (1.51%) SQL Server 2012
6 3 (1.51%) SQL Server Integration Services
7 2 (1.01%) Big Data
7 2 (1.01%) DB2
8 1 (0.50%) Tick Data
Development Applications
1 12 (6.03%) GDB
2 10 (5.03%) HP UFT
2 10 (5.03%) Selenium
3 5 (2.51%) VTune
4 4 (2.01%) Subversion
5 3 (1.51%) Eclipse
5 3 (1.51%) JIRA
6 2 (1.01%) Ant
6 2 (1.01%) Git (software)
6 2 (1.01%) Jasmine
6 2 (1.01%) Jenkins
6 2 (1.01%) JSUnit
6 2 (1.01%) Mocha
6 2 (1.01%) Moq
6 2 (1.01%) NUnit
6 2 (1.01%) QUnit
6 2 (1.01%) Rhino Mocks
6 2 (1.01%) Sinon.JS
6 2 (1.01%) TeamCity
6 2 (1.01%) Visual Studio
General
1 126 (63.32%) Front Office
2 86 (43.22%) Banking
3 58 (29.15%) Finance
4 53 (26.63%) Investment Banking
5 14 (7.04%) Back Office
Job Titles
1 124 (62.31%) Developer
2 44 (22.11%) Java Developer
3 42 (21.11%) Analyst
4 33 (16.58%) C# Developer
5 32 (16.08%) C++ Developer
6 26 (13.07%) Banking Analyst
7 23 (11.56%) Business Analyst
8 13 (6.53%) Investment Banking Business Analyst
8 13 (6.53%) Regulatory Business Analyst
8 13 (6.53%) Regulatory Reporting Business Analyst
8 13 (6.53%) Report Analyst
8 13 (6.53%) Support Analyst
9 12 (6.03%) Unix Analyst
10 11 (5.53%) FX Support Analyst
10 11 (5.53%) QA Tester
10 11 (5.53%) Senior Developer
10 11 (5.53%) Senior Java Developer
10 11 (5.53%) Tester
10 11 (5.53%) Unix Support
10 11 (5.53%) Unix Support Analyst
Libraries, Frameworks & Software Standards
1 46 (23.12%) FIX Protocol
2 31 (15.58%) WPF
3 29 (14.57%) WinForms
4 20 (10.05%) .NET
5 10 (5.03%) MSMQ
6 6 (3.02%) STL
7 5 (2.51%) Middleware
7 5 (2.51%) XML
8 4 (2.01%) Boost C++ Libraries
8 4 (2.01%) HTML
9 3 (1.51%) HTML5
9 3 (1.51%) J2SE
9 3 (1.51%) JMX
9 3 (1.51%) Ultra Messaging
10 2 (1.01%) ADO.NET
10 2 (1.01%) ASP.NET
10 2 (1.01%) CSS
10 2 (1.01%) Entity Framework
10 2 (1.01%) JMS
10 2 (1.01%) Swing
Miscellaneous
1 113 (56.78%) Foreign Exchange (FX)
2 55 (27.64%) Equities
3 45 (22.61%) Analytical Skills
4 29 (14.57%) Algorithms
5 23 (11.56%) Data Structures
6 20 (10.05%) Fintech
7 18 (9.05%) Hedge funds
8 15 (7.54%) Fixed Income
9 13 (6.53%) Market Risk
10 8 (4.02%) Computer Science
11 5 (2.51%) Derivative
11 5 (2.51%) N-Tier
12 4 (2.01%) Clustering
13 3 (1.51%) Credit Risk
13 3 (1.51%) Equity Derivative
13 3 (1.51%) Replication
14 2 (1.01%) Data Centre
14 2 (1.01%) Mathematics
14 2 (1.01%) Visualisation
15 1 (0.50%) User Experience
Operating Systems
1 50 (25.13%) Linux
2 37 (18.59%) Unix
3 12 (6.03%) Windows
4 6 (3.02%) Solaris
5 3 (1.51%) Windows Server
5 3 (1.51%) Windows Server 2008
5 3 (1.51%) Windows Server 2012
6 2 (1.01%) Red Hat Enterprise Linux
7 1 (0.50%) AIX
7 1 (0.50%) Oracle Linux
7 1 (0.50%) SUSE
7 1 (0.50%) SUSE Linux Enterprise Server
Processes & Methodologies
1 118 (59.30%) Low Latency
2 81 (40.70%) Multithreading
3 74 (37.19%) Market Making
4 50 (25.13%) Electronic Trading
5 37 (18.59%) Risk Management
6 29 (14.57%) Agile Software Development
6 29 (14.57%) Analytics
7 27 (13.57%) Performance Optimisation
8 22 (11.06%) Data Management
8 22 (11.06%) FX Algorithmic Trading
9 14 (7.04%) Ultra-Low Latency
10 13 (6.53%) ITIL
10 13 (6.53%) Migration
10 13 (6.53%) Performance Tuning
11 12 (6.03%) Automated Testing
11 12 (6.03%) DevOps
11 12 (6.03%) Test Automation
12 11 (5.53%) PRINCE2
13 10 (5.03%) Data Migration
13 10 (5.03%) OO
Programming Languages
1 73 (36.68%) C++
1 73 (36.68%) Java
2 43 (21.61%) C#
3 30 (15.08%) SQL
4 26 (13.07%) Perl
4 26 (13.07%) Python
5 10 (5.03%) Scala
6 9 (4.52%) Shell Script
7 8 (4.02%) Bash Shell
8 7 (3.52%) PowerShell
9 3 (1.51%) T-SQL
9 3 (1.51%) VBScript
10 2 (1.01%) C
10 2 (1.01%) JavaScript
11 1 (0.50%) PHP
11 1 (0.50%) Ruby
Qualifications
1 29 (14.57%) PhD
2 26 (13.07%) Degree
3 10 (5.03%) ISEB
3 10 (5.03%) ISTQB
4 1 (0.50%) PMI Certification
4 1 (0.50%) PMP
Quality Assurance & Compliance
1 18 (9.05%) MiFID
2 14 (7.04%) QA
3 13 (6.53%) AIFMD
3 13 (6.53%) EMIR
System Software
1 5 (2.51%) Apache ZooKeeper
2 3 (1.51%) Hyper-V
3 1 (0.50%) Veritas Cluster Server
3 1 (0.50%) VMware Infrastructure
Systems Management
1 12 (6.03%) ITRS Geneos
2 2 (1.01%) Tivoli
3 1 (0.50%) Thomson Reuters DACS
Vendors
1 19 (9.55%) Sybase
2 14 (7.04%) Oracle
3 13 (6.53%) Calypso
3 13 (6.53%) Murex
3 13 (6.53%) Splunk
4 8 (4.02%) Fidessa
5 5 (2.51%) Solace
6 4 (2.01%) TIBCO
7 3 (1.51%) Microsoft
8 2 (1.01%) BT
8 2 (1.01%) Radianz
8 2 (1.01%) Red Hat
9 1 (0.50%) Cisco
9 1 (0.50%) HP
9 1 (0.50%) ION Trading
9 1 (0.50%) Veritas
9 1 (0.50%) VMware
London
McGregor Boyall
Rate: £600 - £700 per day
Posted: 6 days ago