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 22 May 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
22 May 2015
Same period 2014 Same period 2013
Algo Trading
Rank 470 501 445
Rank change year-on-year
+31 -56
Contract jobs citing Algorithmic Trading 109 52 79
As % of all contract IT jobs located in England 0.22% 0.11% 0.19%
As % of the Processes & Methodologies category 0.29% 0.14% 0.25%
Number of daily rates quoted 78 45 62
Average daily rate
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of your Daily Rate
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£625 £625 £553
Average daily rate % change year-on-year
- +13.12%
90% offered a daily rate of more than £476 £500 £500
10% offered a daily rate of more than £750 £738 £700
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
37734 36043 31566
As % of all contract IT jobs located in England 76.70% 75.13% 74.37%
Number of daily rates quoted 24299 23133 19378
Average daily rate £418 £400 £420
Average daily rate % change year-on-year
+4.37% -4.76%
90% offered a daily rate of more than £288 £275 £275
10% offered a daily rate of more than £575 £575 £575
UK excluding London average daily rate £388 £375 £363
% change year-on-year
+3.33% +3.44%
Number of hourly rates quoted 1098 1110 988
Average hourly rate £27.50 £29.00 £32.50
Average hourly rate % change year-on-year
-5.17% -10.76%
90% offered a hourly rate of more than £12.00 £12.50 £14.00
10% offered a hourly rate of more than £47.50 £47.50 £50.00
UK excluding London average hourly rate £30.00 £30.00 £32.00
% change year-on-year
- -6.25%

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 22 May 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 22 May 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 +49 109 £625 - 37
Algorithmic Trading
UK

Algorithmic Trading
Top 30 Related IT Skills in England

For the 6 months to 22 May 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.

1 103 (58.86%) Low Latency
2 82 (46.86%) Front Office
3 75 (42.86%) Java
4 70 (40.00%) Finance
5 68 (38.86%) Multithreading
6 63 (36.00%) Banking
6 63 (36.00%) Foreign Exchange (FX)
7 62 (35.43%) Equities
8 61 (34.86%) FIX Protocol
9 54 (30.86%) C++
10 49 (28.00%) Linux
11 47 (26.86%) UNIX
12 42 (24.00%) Investment Banking
13 40 (22.86%) Agile Software Development
14 31 (17.71%) Algorithms
15 29 (16.57%) Electronic Trading
15 29 (16.57%) KDB
16 28 (16.00%) SQL
17 27 (15.43%) Perl
17 27 (15.43%) Risk Management
17 27 (15.43%) TDD
18 26 (14.86%) OO
19 24 (13.71%) Python
19 24 (13.71%) Derivative
20 19 (10.86%) C#
20 19 (10.86%) Middleware
20 19 (10.86%) Mathematics
21 18 (10.29%) Degree
21 18 (10.29%) Software Engineering
22 17 (9.71%) Fixed Income

Algorithmic Trading
Top Related IT Skills in England by Category

For the 6 months to 22 May 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.

Application Platforms
1 1 (0.57%) MS Exchange
Applications
1 2 (1.14%) MS Excel
2 1 (0.57%) MS Office
Business Applications
1 1 (0.57%) RMDS
Communications & Networking
1 7 (4.00%) TCP/IP
2 4 (2.29%) Multicast
3 1 (0.57%) DNS
3 1 (0.57%) DHCP
3 1 (0.57%) HTTP
3 1 (0.57%) SAN
3 1 (0.57%) Internet
3 1 (0.57%) iSCSI
3 1 (0.57%) NAS
Database & Business Intelligence
1 29 (16.57%) KDB
2 5 (2.86%) SQL Server
3 3 (1.71%) Relational Database
Development Applications
1 8 (4.57%) Eclipse
1 8 (4.57%) Subversion
2 3 (1.71%) Maven
2 3 (1.71%) Jenkins
3 1 (0.57%) NUnit
3 1 (0.57%) Rhino Mocks
3 1 (0.57%) NMock
General
1 82 (46.86%) Front Office
2 70 (40.00%) Finance
3 63 (36.00%) Banking
4 42 (24.00%) Investment Banking
5 3 (1.71%) Financial Institution
5 3 (1.71%) Marketing
6 2 (1.14%) Back Office
7 1 (0.57%) Advertising
7 1 (0.57%) Retail
7 1 (0.57%) Mandarin Language
7 1 (0.57%) Retail Banking
7 1 (0.57%) Corporate Banking
Job Titles
1 120 (68.57%) Developer
2 65 (37.14%) Java Developer
3 34 (19.43%) C++ Developer
4 32 (18.29%) Analyst
5 26 (14.86%) Senior Developer
6 21 (12.00%) Senior Java Developer
7 17 (9.71%) Support Analyst
8 10 (5.71%) C# Developer
9 9 (5.14%) Business Analyst
9 9 (5.14%) FIX Analyst
10 8 (4.57%) Applications Support
11 5 (2.86%) WPF Developer
12 4 (2.29%) Senior WPF Developer
12 4 (2.29%) Python Developer
12 4 (2.29%) Applications Support Analyst
13 3 (1.71%) Lead Developer
13 3 (1.71%) Lead Java Developer
13 3 (1.71%) Architect
13 3 (1.71%) Banking Business Analyst
13 3 (1.71%) Java Architect
Libraries, Frameworks & Software Standards
1 61 (34.86%) FIX Protocol
2 19 (10.86%) Middleware
3 12 (6.86%) WPF
4 7 (4.00%) STL
4 7 (4.00%) Boost C++ Libraries
5 6 (3.43%) Reactive Extensions
5 6 (3.43%) J2SE
5 6 (3.43%) .NET
6 5 (2.86%) LINQ
7 4 (2.29%) Spring
8 3 (1.71%) WinForms
8 3 (1.71%) AngularJS
9 2 (1.14%) HTML5
9 2 (1.14%) Silverlight
9 2 (1.14%) HTML
10 1 (0.57%) Swing
10 1 (0.57%) XML
10 1 (0.57%) J2EE
10 1 (0.57%) WCF
10 1 (0.57%) Ultra Messaging
Miscellaneous
1 63 (36.00%) Foreign Exchange (FX)
2 62 (35.43%) Equities
3 31 (17.71%) Algorithms
4 24 (13.71%) Derivative
5 19 (10.86%) Mathematics
6 17 (9.71%) Fixed Income
7 9 (5.14%) Data Structures
8 8 (4.57%) Hedge funds
8 8 (4.57%) Physics
8 8 (4.57%) Equity Derivative
9 7 (4.00%) Clustering
9 7 (4.00%) Analytical Skills
10 6 (3.43%) Open Source
10 6 (3.43%) Computer Science
10 6 (3.43%) Management Information System
11 4 (2.29%) TWAP
11 4 (2.29%) Visualisation
11 4 (2.29%) VWAP
11 4 (2.29%) SCADA
12 3 (1.71%) Field-Programmable Gate Array
Operating Systems
1 49 (28.00%) Linux
2 47 (26.86%) UNIX
3 9 (5.14%) Windows
4 8 (4.57%) Red Hat Enterprise Linux
5 7 (4.00%) SUSE
5 7 (4.00%) AIX
5 7 (4.00%) Solaris
5 7 (4.00%) SUSE Linux Enterprise Server
6 6 (3.43%) Oracle Linux
7 1 (0.57%) Windows 7
7 1 (0.57%) Windows Server 2008
7 1 (0.57%) Windows Server 2012
Processes & Methodologies
1 103 (58.86%) Low Latency
2 68 (38.86%) Multithreading
3 40 (22.86%) Agile Software Development
4 29 (16.57%) Electronic Trading
5 27 (15.43%) Risk Management
5 27 (15.43%) TDD
6 26 (14.86%) OO
7 18 (10.29%) Software Engineering
8 13 (7.43%) FX Algorithmic Trading
9 12 (6.86%) Market Making
10 11 (6.29%) Garbage Collection
11 8 (4.57%) Operations Research
11 8 (4.57%) Configuration Management
12 7 (4.00%) Project Management
12 7 (4.00%) Financial Modelling
13 6 (3.43%) Performance Tuning
13 6 (3.43%) Performance Analysis
13 6 (3.43%) Stakeholder Engagement
13 6 (3.43%) Concurrent Programming
13 6 (3.43%) Continuous Integration
Programming Languages
1 75 (42.86%) Java
2 54 (30.86%) C++
3 28 (16.00%) SQL
4 27 (15.43%) Perl
5 24 (13.71%) Python
6 19 (10.86%) C#
7 8 (4.57%) Shell Script
8 7 (4.00%) Ruby
9 4 (2.29%) C
9 4 (2.29%) JavaScript
10 3 (1.71%) PowerShell
11 2 (1.14%) Scala
11 2 (1.14%) VB
11 2 (1.14%) AWK
12 1 (0.57%) XAML
12 1 (0.57%) VBScript
12 1 (0.57%) Tcl
12 1 (0.57%) C-shell
Qualifications
1 18 (10.29%) Degree
2 2 (1.14%) PhD
Quality Assurance & Compliance
1 4 (2.29%) QA
System Software
1 7 (4.00%) Veritas Cluster Server
2 3 (1.71%) Active Directory
3 1 (0.57%) VMware ESX
3 1 (0.57%) NFS
3 1 (0.57%) VMware Infrastructure
Systems Management
1 7 (4.00%) Puppet
1 7 (4.00%) HP Operations Orchestration
1 7 (4.00%) Opscode Chef
2 1 (0.57%) WMI
Vendors
1 9 (5.14%) Oracle
2 8 (4.57%) Sybase
3 7 (4.00%) HP
3 7 (4.00%) EMC
3 7 (4.00%) Red Hat
3 7 (4.00%) Veritas
4 6 (3.43%) ION Trading
5 4 (2.29%) Solace
6 3 (1.71%) Microsoft
6 3 (1.71%) Fidessa
6 3 (1.71%) TIBCO
6 3 (1.71%) Portware
7 2 (1.14%) IBM
7 2 (1.14%) Infragistics
7 2 (1.14%) Perforce
8 1 (0.57%) VMware
8 1 (0.57%) Sun
8 1 (0.57%) Cognizant
8 1 (0.57%) NYFIX
8 1 (0.57%) 3PAR
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