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 28 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
28 Aug 2015
Same period 2014 Same period 2013
Algo Trading
Rank 494 469 469
Rank change year-on-year
-25 0
Contract jobs citing Algorithmic Trading 95 108 102
As % of all contract IT jobs located in England 0.18% 0.21% 0.21%
As % of the Processes & Methodologies category 0.23% 0.28% 0.28%
Number of daily rates quoted 80 101 80
Average daily rate
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£663 £650 £600
Average daily rate % change year-on-year
+1.92% +8.33%
90% offered a daily rate of more than £425 £538 £450
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
41497 38505 36269
As % of all contract IT jobs located in England 78.08% 76.52% 75.41%
Number of daily rates quoted 27539 24264 22731
Average daily rate £425 £413 £410
Average daily rate % change year-on-year
+3.03% +0.60%
90% offered a daily rate of more than £292 £275 £275
10% offered a daily rate of more than £588 £575 £575
UK excluding London average daily rate £400 £375 £370
% change year-on-year
+6.66% +1.35%
Number of hourly rates quoted 1118 1078 1016
Average hourly rate £31.22 £23.00 £30.00
Average hourly rate % change year-on-year
+35.73% -23.33%
90% offered a hourly rate of more than £12.82 £12.50 £12.75
10% offered a hourly rate of more than £50.00 £46.30 £50.00
UK excluding London average hourly rate £32.50 £25.00 £30.00
% change year-on-year
+30.00% -16.66%

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 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 28 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 +5 95 £663 +1.92% 39
Algorithmic Trading
UK

Algorithmic Trading
Top 30 Related IT Skills in England

For the 6 months to 28 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.

1 108 (54.27%) Low Latency
2 100 (50.25%) Foreign Exchange (FX)
3 83 (41.71%) Front Office
4 74 (37.19%) Java
5 73 (36.68%) Equities
6 71 (35.68%) Linux
6 71 (35.68%) Multithreading
7 70 (35.18%) Banking
8 66 (33.17%) FIX Protocol
9 63 (31.66%) C++
10 62 (31.16%) Finance
11 48 (24.12%) UNIX
12 45 (22.61%) Investment Banking
13 44 (22.11%) Algorithms
14 37 (18.59%) SQL
15 30 (15.08%) Electronic Trading
16 29 (14.57%) C#
17 28 (14.07%) Derivative
17 28 (14.07%) KDB
17 28 (14.07%) Market Making
18 27 (13.57%) Agile Software Development
19 25 (12.56%) FX Algorithmic Trading
20 23 (11.56%) Fixed Income
21 22 (11.06%) Python
22 21 (10.55%) Perl
23 20 (10.05%) Software Engineering
23 20 (10.05%) Degree
24 19 (9.55%) Data Structures
25 18 (9.05%) Analytical Skills
25 18 (9.05%) WPF

Algorithmic Trading
Top Related IT Skills in England by Category

For the 6 months to 28 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 1 (0.50%) MS Excel
Business Applications
1 5 (2.51%) Summit
2 1 (0.50%) Kondor+
Cloud Services
1 1 (0.50%) Amazon AWS
1 1 (0.50%) IaaS
Communications & Networking
1 6 (3.02%) TCP/IP
2 4 (2.01%) Multicast
3 1 (0.50%) DHCP
3 1 (0.50%) HTTP
3 1 (0.50%) DNS
3 1 (0.50%) SAN
3 1 (0.50%) Internet
3 1 (0.50%) iSCSI
3 1 (0.50%) NAS
Database & Business Intelligence
1 28 (14.07%) KDB
2 10 (5.03%) SQL Server
3 3 (1.51%) NoSQL
4 1 (0.50%) Big Data
4 1 (0.50%) Relational Database
Development Applications
1 5 (2.51%) Eclipse
1 5 (2.51%) Subversion
2 4 (2.01%) Jenkins
3 3 (1.51%) Maven
4 1 (0.50%) Git (software)
4 1 (0.50%) Rhino Mocks
4 1 (0.50%) NMock
General
1 83 (41.71%) Front Office
2 70 (35.18%) Banking
3 62 (31.16%) Finance
4 45 (22.61%) Investment Banking
5 8 (4.02%) Financial Institution
6 5 (2.51%) Back Office
7 1 (0.50%) Advertising
7 1 (0.50%) Games
7 1 (0.50%) Retail Banking
7 1 (0.50%) Corporate Banking
7 1 (0.50%) Retail
Job Titles
1 138 (69.35%) Developer
2 58 (29.15%) Java Developer
3 45 (22.61%) C++ Developer
4 42 (21.11%) Analyst
5 29 (14.57%) Senior Developer
6 23 (11.56%) Senior Java Developer
7 21 (10.55%) Support Analyst
8 18 (9.05%) C# Developer
9 15 (7.54%) Business Analyst
10 12 (6.03%) Applications Support
11 9 (4.52%) Applications Support Analyst
11 9 (4.52%) FIX Analyst
12 8 (4.02%) Investment Banking Business Analyst
13 7 (3.52%) WPF Developer
14 6 (3.02%) Banking Business Analyst
15 4 (2.01%) Business Consultant
15 4 (2.01%) Junior Analyst
15 4 (2.01%) Banking Analyst
15 4 (2.01%) Junior
15 4 (2.01%) Consultant
Libraries, Frameworks & Software Standards
1 66 (33.17%) FIX Protocol
2 18 (9.05%) WPF
3 16 (8.04%) J2SE
4 14 (7.04%) Middleware
5 11 (5.53%) .NET
6 7 (3.52%) STL
6 7 (3.52%) WinForms
6 7 (3.52%) Boost C++ Libraries
7 5 (2.51%) Spring
8 4 (2.01%) LINQ
8 4 (2.01%) Reactive Extensions
8 4 (2.01%) AngularJS
9 3 (1.51%) HTML
9 3 (1.51%) HTML5
10 2 (1.01%) WCF
10 2 (1.01%) J2EE
11 1 (0.50%) Web Services
11 1 (0.50%) Swing
11 1 (0.50%) Silverlight
11 1 (0.50%) SciPy
Miscellaneous
1 100 (50.25%) Foreign Exchange (FX)
2 73 (36.68%) Equities
3 44 (22.11%) Algorithms
4 28 (14.07%) Derivative
5 23 (11.56%) Fixed Income
6 19 (9.55%) Data Structures
7 18 (9.05%) Analytical Skills
8 16 (8.04%) Hedge funds
9 15 (7.54%) Mathematics
10 11 (5.53%) Equity Derivative
11 9 (4.52%) Computer Science
12 6 (3.02%) Physics
13 5 (2.51%) Field-Programmable Gate Array
14 4 (2.01%) VWAP
14 4 (2.01%) TWAP
14 4 (2.01%) Market Risk
15 3 (1.51%) Index Arbitrage
15 3 (1.51%) N-Tier
15 3 (1.51%) Clustering
15 3 (1.51%) Management Information System
Operating Systems
1 71 (35.68%) Linux
2 48 (24.12%) UNIX
3 13 (6.53%) Windows
4 5 (2.51%) Red Hat Enterprise Linux
5 3 (1.51%) SUSE
5 3 (1.51%) AIX
5 3 (1.51%) Solaris
5 3 (1.51%) Oracle Linux
5 3 (1.51%) SUSE Linux Enterprise Server
6 1 (0.50%) Windows Server 2012
6 1 (0.50%) Windows Server 2008
6 1 (0.50%) Windows 7
Processes & Methodologies
1 108 (54.27%) Low Latency
2 71 (35.68%) Multithreading
3 30 (15.08%) Electronic Trading
4 28 (14.07%) Market Making
5 27 (13.57%) Agile Software Development
6 25 (12.56%) FX Algorithmic Trading
7 20 (10.05%) Software Engineering
8 18 (9.05%) Risk Management
9 16 (8.04%) TDD
10 13 (6.53%) OO
11 7 (3.52%) Analytics
11 7 (3.52%) Performance Tuning
11 7 (3.52%) Stakeholder Engagement
12 6 (3.02%) Performance Analysis
12 6 (3.02%) Garbage Collection
13 5 (2.51%) Open Source
13 5 (2.51%) UML
13 5 (2.51%) Configuration Management
13 5 (2.51%) Operations Research
13 5 (2.51%) Continuous Integration
Programming Languages
1 74 (37.19%) Java
2 63 (31.66%) C++
3 37 (18.59%) SQL
4 29 (14.57%) C#
5 22 (11.06%) Python
6 21 (10.55%) Perl
7 11 (5.53%) Shell Script
8 8 (4.02%) C
9 7 (3.52%) PowerShell
10 5 (2.51%) JavaScript
11 3 (1.51%) Bash Shell
11 3 (1.51%) Ruby
12 1 (0.50%) Tcl
12 1 (0.50%) Scala
12 1 (0.50%) PL/SQL
12 1 (0.50%) VBScript
12 1 (0.50%) VB
Qualifications
1 20 (10.05%) Degree
2 10 (5.03%) PhD
Quality Assurance & Compliance
1 5 (2.51%) MiFID
2 4 (2.01%) EMIR
2 4 (2.01%) AIFMD
3 1 (0.50%) QA
System Software
1 6 (3.02%) Active Directory
2 3 (1.51%) Veritas Cluster Server
3 1 (0.50%) Docker
3 1 (0.50%) VMware ESX
3 1 (0.50%) VMware Infrastructure
3 1 (0.50%) NFS
Systems Management
1 4 (2.01%) Puppet
2 3 (1.51%) Opscode Chef
2 3 (1.51%) Tivoli
2 3 (1.51%) HP Operations Orchestration
3 1 (0.50%) WMI
3 1 (0.50%) Ansible
Vendors
1 10 (5.03%) Sybase
2 9 (4.52%) Oracle
3 7 (3.52%) Fidessa
4 5 (2.51%) Murex
4 5 (2.51%) Calypso
4 5 (2.51%) Red Hat
5 3 (1.51%) Veritas
5 3 (1.51%) HP
5 3 (1.51%) EMC
5 3 (1.51%) Bloomberg
6 2 (1.01%) Charles River
6 2 (1.01%) Infragistics
6 2 (1.01%) Perforce
7 1 (0.50%) VMware
7 1 (0.50%) Portware
7 1 (0.50%) 3PAR
7 1 (0.50%) Solace
7 1 (0.50%) Cognizant
7 1 (0.50%) Microsoft
7 1 (0.50%) Reuters
London
TEKsystems
Rate: £600 - £650 per day
Posted: 3 days ago
London
Nicoll Curtin
Rate: £550 - £600 per day
Posted: 5 days ago
City, London
Hudson IT
Rate: £610 per day
Posted: 5 days ago