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 24 February 2017 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
24 Feb 2017
Same period 2016 Same period 2015
Algo Trading
UK / England
Rank 508 500 531
Rank change year-on-year
-8 +31
Contract jobs citing Algorithmic Trading 71 112 68
As % of all contract IT jobs located in England 0.17% 0.23% 0.14%
As % of the Processes & Methodologies category 0.20% 0.28% 0.18%
Number of daily rates quoted 59 94 55
Median daily rate £600 £625 £625
Median daily rate % change year-on-year
-4.00% -
90% offered a daily rate of more than £451 £483 £400
10% offered a daily rate of more than £900 £700 £688
UK excluding London median daily rate £414 £600 £475
% change year-on-year
-31.04% +26.31%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
34750 39516 38053
As % of all contract IT jobs located in England 82.98% 82.86% 79.74%
Number of daily rates quoted 23216 26235 24416
Median daily rate £450 £425 £425
Median daily rate % change year-on-year
+5.88% -
90% offered a daily rate of more than £300 £300 £280
10% offered a daily rate of more than £600 £600 £580
UK excluding London median daily rate £408 £400 £400
% change year-on-year
+1.87% -
Number of hourly rates quoted 864 1083 1029
Median hourly rate £36.50 £37.50 £26.50
Median hourly rate % change year-on-year
-2.66% +41.50%
90% offered a hourly rate of more than £13.50 £12.90 £12.00
10% offered a hourly rate of more than £53.50 £55.00 £49.50
UK excluding London median hourly rate £36.00 £40.00 £27.50
% change year-on-year
-10.00% +45.45%

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 24 February 2017.

Algorithmic Trading Daily Rate Histogram 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 24 February 2017. 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 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 -18 71 £600 -4.00% 43
Algorithmic Trading
UK

Algorithmic Trading
Top 30 Related IT Skills in England

For the 6 months to 24 February 2017, 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 81 (56.25%) Foreign Exchange (FX)
1 81 (56.25%) Low Latency
2 79 (54.86%) Electronic Trading
3 76 (52.78%) Front Office
4 74 (51.39%) Multithreading
5 69 (47.92%) Banking
6 63 (43.75%) Finance
6 63 (43.75%) C++
7 54 (37.50%) SQL
8 53 (36.81%) Unix
9 45 (31.25%) STL
9 45 (31.25%) Boost C++ Libraries
10 41 (28.47%) Investment Banking
11 39 (27.08%) Linux
12 36 (25.00%) Risk Management
12 36 (25.00%) Algorithms
13 34 (23.61%) Java
14 30 (20.83%) Agile Software Development
15 27 (18.75%) MiFID
16 25 (17.36%) Equities
16 25 (17.36%) E-Commerce
17 20 (13.89%) Multithreaded Programming
18 19 (13.19%) Fixed Income
18 19 (13.19%) Python
18 19 (13.19%) FIX Protocol
19 18 (12.50%) Mathematics
19 18 (12.50%) TCP/IP
19 18 (12.50%) Market Making
20 17 (11.81%) Middleware
20 17 (11.81%) Solaris

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 3 (2.08%) Confluence
2 2 (1.39%) WebLogic
2 2 (1.39%) WebSphere
Applications
1 2 (1.39%) MS Excel
2 1 (0.69%) Doxygen
2 1 (0.69%) LaTeX
Business Applications
1 7 (4.86%) RMDS
2 2 (1.39%) Murex MxG2000
Communications & Networking
1 18 (12.50%) TCP/IP
2 4 (2.78%) Multicast
3 1 (0.69%) DHCP
3 1 (0.69%) DNS
3 1 (0.69%) Ethernet
3 1 (0.69%) FTP
3 1 (0.69%) IGMP
3 1 (0.69%) InfiniBand
3 1 (0.69%) SSH
Database & Business Intelligence
1 17 (11.81%) KDB
2 8 (5.56%) SQL Server
3 7 (4.86%) Kdb+
4 5 (3.47%) Tick Data
5 3 (2.08%) Relational Database
6 2 (1.39%) MongoDB
6 2 (1.39%) MySQL
6 2 (1.39%) PostgreSQL
7 1 (0.69%) Big Data
7 1 (0.69%) SQL Server Integration Services
7 1 (0.69%) SQL Server Reporting Services
Development Applications
1 5 (3.47%) CasperJS
1 5 (3.47%) HP UFT
1 5 (3.47%) Selenium
2 4 (2.78%) NUnit
3 3 (2.08%) JIRA
4 1 (0.69%) Git (software)
4 1 (0.69%) Subversion
General
1 76 (52.78%) Front Office
2 69 (47.92%) Banking
3 63 (43.75%) Finance
4 41 (28.47%) Investment Banking
5 4 (2.78%) Financial Institution
5 4 (2.78%) Prime Brokerage
6 3 (2.08%) Back Office
7 2 (1.39%) Corporate Banking
8 1 (0.69%) Advertising
8 1 (0.69%) Japanese Language
8 1 (0.69%) Retail
Job Titles
1 98 (68.06%) Developer
2 53 (36.81%) C++ Developer
3 26 (18.06%) Electronic Trading Developer
4 21 (14.58%) Java Developer
5 16 (11.11%) Analyst
5 16 (11.11%) Electronic Trading C++ Developer
5 16 (11.11%) Low Latency C++ Developer
6 13 (9.03%) Algorithmic Trading Developer
7 11 (7.64%) Business Analyst
8 10 (6.94%) Electronic Trading Support
9 8 (5.56%) FX Support Analyst
9 8 (5.56%) MiFID Business Analyst
9 8 (5.56%) Support Analyst
10 7 (4.86%) 1st/2nd Line Support
10 7 (4.86%) 2nd Line Support
10 7 (4.86%) Senior Developer
10 7 (4.86%) Systems Administrator
10 7 (4.86%) Unix Analyst
10 7 (4.86%) Unix Support
10 7 (4.86%) Unix Support Analyst
Libraries, Frameworks & Software Standards
1 45 (31.25%) Boost C++ Libraries
1 45 (31.25%) STL
2 19 (13.19%) FIX Protocol
3 17 (11.81%) Middleware
4 11 (7.64%) .NET
5 7 (4.86%) Rendezvous
6 6 (4.17%) HTML
6 6 (4.17%) HTML5
7 5 (3.47%) AngularJS
8 3 (2.08%) CSS
8 3 (2.08%) CSS3
8 3 (2.08%) Django
8 3 (2.08%) Flask
8 3 (2.08%) Node.js
8 3 (2.08%) Swing
9 2 (1.39%) Hibernate
9 2 (1.39%) JMS
9 2 (1.39%) Spring
9 2 (1.39%) XML
9 2 (1.39%) XSLT
Miscellaneous
1 81 (56.25%) Foreign Exchange (FX)
2 36 (25.00%) Algorithms
3 25 (17.36%) Equities
4 19 (13.19%) Fixed Income
5 15 (10.42%) Analytical Skills
6 14 (9.72%) N-Tier
7 12 (8.33%) Derivative
7 12 (8.33%) Fintech
8 8 (5.56%) Computer Science
8 8 (5.56%) TWAP
8 8 (5.56%) VWAP
9 5 (3.47%) SCADA
10 4 (2.78%) Equity Derivative
10 4 (2.78%) Management Information System
11 3 (2.08%) Wiki
12 2 (1.39%) Field-Programmable Gate Array
12 2 (1.39%) Virtual Team
13 1 (0.69%) Data Centre
13 1 (0.69%) Data Structures
13 1 (0.69%) Enterprise Software
Operating Systems
1 53 (36.81%) Unix
2 39 (27.08%) Linux
3 17 (11.81%) Solaris
4 10 (6.94%) Windows
5 4 (2.78%) Red Hat Enterprise Linux
5 4 (2.78%) SUSE Linux Enterprise Server
6 3 (2.08%) AIX
7 1 (0.69%) SUSE
Processes & Methodologies
1 81 (56.25%) Low Latency
2 79 (54.86%) Electronic Trading
3 74 (51.39%) Multithreading
4 36 (25.00%) Risk Management
5 30 (20.83%) Agile Software Development
6 25 (17.36%) E-Commerce
7 20 (13.89%) Multithreaded Programming
8 18 (12.50%) Market Making
8 18 (12.50%) Mathematics
9 17 (11.81%) High Availability
10 12 (8.33%) High-Frequency Trading
11 11 (7.64%) Data Management
12 9 (6.25%) Analytics
13 8 (5.56%) FX Algorithmic Trading
13 8 (5.56%) Problem Management
14 7 (4.86%) Project Management
15 6 (4.17%) GAP Analysis
15 6 (4.17%) Incident Management
15 6 (4.17%) Migration
15 6 (4.17%) TDD
Programming Languages
1 63 (43.75%) C++
2 54 (37.50%) SQL
3 34 (23.61%) Java
4 19 (13.19%) Python
5 16 (11.11%) C#
6 8 (5.56%) Scala
7 7 (4.86%) JavaScript
8 6 (4.17%) Bash Shell
9 4 (2.78%) MATLAB
9 4 (2.78%) Perl
9 4 (2.78%) R
10 2 (1.39%) PowerShell
10 2 (1.39%) Shell Script
10 2 (1.39%) XAML
11 1 (0.69%) PL/SQL
11 1 (0.69%) Ruby
11 1 (0.69%) Tcl
Qualifications
1 13 (9.03%) Degree
2 5 (3.47%) PhD
3 4 (2.78%) ISEB
3 4 (2.78%) ISTQB
4 2 (1.39%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 27 (18.75%) MiFID
2 9 (6.25%) QA
3 3 (2.08%) SDET
System Software
1 1 (0.69%) NFS
1 1 (0.69%) Veritas Cluster Server
Systems Management
1 3 (2.08%) ITRS Geneos
2 2 (1.39%) HP Quality Center
3 1 (0.69%) Puppet
Vendors
1 15 (10.42%) Oracle
1 15 (10.42%) Solace
2 11 (7.64%) Cognizant
3 10 (6.94%) Reuters
3 10 (6.94%) TIBCO
4 8 (5.56%) Sybase
5 7 (4.86%) Currenex
5 7 (4.86%) FXall
6 6 (4.17%) Sun
7 5 (3.47%) Fidessa
7 5 (3.47%) ION Trading
8 3 (2.08%) Bloomberg
8 3 (2.08%) Talarian
9 2 (1.39%) Adobe
9 2 (1.39%) Microsoft
9 2 (1.39%) Murex
10 1 (0.69%) EMC
10 1 (0.69%) HP
10 1 (0.69%) Portware
10 1 (0.69%) Veritas
City, London
Hatstand Limited
Rate: £500 - £600 per annum
Posted: 21 hours ago
London
Harrington Starr
Rate: £500 - £700 per day
Posted: 13 hours ago
City, London
Exclusive Recruitment
Rate: Unspecified Generous Daily Rate - Negotiable - DOE
Posted: 2 days ago
London
Haysfm
Rate: £600.00 - £750.00 per day
Posted: 6 days ago
City, London
Harrington Starr
Rate: £550 - £700 per day
Posted: 6 days ago