The table below looks at the statistics for Algorithmic Trading skills in IT contracts advertised for the Glasgow region. Included is a guide to the average contractor rates offered in IT contracts that have cited Algorithmic Trading over the 3 months to 5 February 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.

Location
3 months to
5 Feb 2016
Same period 2015 Same period 2014
Algo Trading
Rank - 65 -
Contract jobs citing Algorithmic Trading 0 2 0
As % of all contract IT jobs located in Glasgow - 0.26% -
As % of the Processes & Methodologies category - 0.33% -
Number of daily rates quoted 0 2 0
Average daily rate - £475 -
UK excluding London average daily rate £600 £475 -
% change year-on-year
+26.31% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Algorithmic Trading
Scotland

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the Glasgow region.

Processes & Methodologies Category
Glasgow
Contract IT job ads with a match in the
Processes & Methodologies category
482 613 466
As % of all contract IT jobs located in Glasgow 76.87% 80.87% 78.72%
Number of daily rates quoted 251 374 227
Average daily rate £338 £375 £350
Average daily rate % change year-on-year
-10.00% +7.14%
90% offered a daily rate of more than £200 £275 £225
10% offered a daily rate of more than £475 £475 £451
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 6 6 8
Average hourly rate £33.36 £17.50 £15.00
Average hourly rate % change year-on-year
+90.60% +16.66%
90% offered a hourly rate of more than £16.50 £15.77 £10.93
10% offered a hourly rate of more than £49.41 £25.50 £32.50
UK excluding London average hourly rate £40.00 £27.50 £27.50
% change year-on-year
+45.45% -

Algorithmic Trading
Jobs Demand Trend in Glasgow

This chart provides a 3-month moving total of IT contractor jobs citing Algorithmic Trading across the Glasgow region as a proportion of the total demand within the Processes & Methodologies category.

Algorithmic Trading Jobs Demand Trend in Glasgow

Algorithmic Trading
Daily Rate Trend in Glasgow

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Algorithmic Trading across the Glasgow region.

Algorithmic Trading Daily Rate Trend in Glasgow

Algorithmic Trading
Top 24 Related IT Skills in Glasgow

For the 6 months to 5 February 2016, IT contractor jobs across the Glasgow 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 6 (100.00%) C#
1 6 (100.00%) .NET
1 6 (100.00%) Finance
1 6 (100.00%) Agile Software Development
1 6 (100.00%) Derivative
1 6 (100.00%) Equity Derivative
1 6 (100.00%) WPF
1 6 (100.00%) Unit Testing
1 6 (100.00%) Visualisation
1 6 (100.00%) Data Analytics
1 6 (100.00%) Analytics
1 6 (100.00%) User Experience
1 6 (100.00%) Market Making
1 6 (100.00%) High Availability
2 1 (16.67%) Investment Management
2 1 (16.67%) Wealth Management
2 1 (16.67%) Contract for Difference
2 1 (16.67%) Banking
2 1 (16.67%) Investment Banking
2 1 (16.67%) Legal
2 1 (16.67%) Fixed Income
2 1 (16.67%) Equities
2 1 (16.67%) Foreign Exchange (FX)
2 1 (16.67%) Java

Algorithmic Trading
Top Related IT Skills in Glasgow by Category

For the 6 months to 5 February 2016, IT contractor jobs across the Glasgow 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.

General
1 6 (100.00%) Finance
2 1 (16.67%) Banking
2 1 (16.67%) Investment Banking
2 1 (16.67%) Legal
Job Titles
1 6 (100.00%) C# Developer
1 6 (100.00%) Developer
2 1 (16.67%) .NET Developer
2 1 (16.67%) .NET Software Developer
2 1 (16.67%) C# .NET Developer
2 1 (16.67%) C# Software Developer
2 1 (16.67%) C# WPF Developer
2 1 (16.67%) Software Developer
2 1 (16.67%) WPF Developer
Libraries, Frameworks & Software Standards
1 6 (100.00%) .NET
1 6 (100.00%) WPF
Miscellaneous
1 6 (100.00%) Derivative
1 6 (100.00%) Equity Derivative
1 6 (100.00%) User Experience
1 6 (100.00%) Visualisation
2 1 (16.67%) Contract for Difference
2 1 (16.67%) Equities
2 1 (16.67%) Fixed Income
2 1 (16.67%) Foreign Exchange (FX)
Processes & Methodologies
1 6 (100.00%) Agile Software Development
1 6 (100.00%) Analytics
1 6 (100.00%) Data Analytics
1 6 (100.00%) High Availability
1 6 (100.00%) Market Making
1 6 (100.00%) Unit Testing
2 1 (16.67%) Investment Management
2 1 (16.67%) Wealth Management
Programming Languages
1 6 (100.00%) C#
2 1 (16.67%) Java