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 contractor rates offered in IT contracts that have cited Algorithmic Trading over the 3 months to 21 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
21 Feb 2017
Same period 2016 Same period 2015
Algo Trading
Scotland / Glasgow
Rank - 55 64
Contract jobs citing Algorithmic Trading 0 1 2
As % of all contract IT jobs located in Glasgow - 0.16% 0.25%
As % of the Processes & Methodologies category - 0.20% 0.31%
Number of daily rates quoted 0 0 2
Median daily rate - - £475
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 Glasgow region.

Processes & Methodologies Category
Glasgow
Contract IT job ads with a match in the
Processes & Methodologies category
486 489 655
As % of all contract IT jobs located in Glasgow 86.17% 80.16% 82.81%
Number of daily rates quoted 255 258 396
Median daily rate £355 £338 £388
Median daily rate % change year-on-year
+5.18% -12.90%
90% offered a daily rate of more than £225 £200 £275
10% offered a daily rate of more than £488 £450 £500
UK excluding London median daily rate £410 £400 £400
% change year-on-year
+2.50% -
Number of hourly rates quoted 5 6 14
Median hourly rate £37.50 £32.50 £16.64
Median hourly rate % change year-on-year
+15.38% +95.37%
90% offered a hourly rate of more than £25.39 £30.00 £12.10
10% offered a hourly rate of more than £61.77 £49.41 £27.50
UK excluding London median hourly rate £35.75 £40.00 £27.50
% change year-on-year
-10.62% +45.45%

Algorithmic Trading
Jobs Demand Trend in Glasgow

The demand trend of contract jobs across the Glasgow 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 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