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 28 July 2016 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
28 Jul 2016
Same period 2015 Same period 2014
Algo Trading
Rank - - 62
Contract jobs citing Algorithmic Trading 0 0 9
As % of all contract IT jobs located in Glasgow - - 1.09%
As % of the Processes & Methodologies category - - 1.33%
Number of daily rates quoted 0 0 5
Median daily rate - - £375
UK excluding London median daily rate - £450 £375
% change year-on-year
- +20.00%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
509 722 675
As % of all contract IT jobs located in Glasgow 79.91% 82.99% 81.92%
Number of daily rates quoted 315 353 305
Median daily rate £350 £350 £350
90% offered a daily rate of more than £247 £260 £240
10% offered a daily rate of more than £450 £450 £445
UK excluding London median daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 4 23 8
Median hourly rate £15.25 £39.00 £18.00
Median hourly rate % change year-on-year
-60.89% +116.66%
90% offered a hourly rate of more than £14.00 £12.35 £13.10
10% offered a hourly rate of more than £43.00 £55.00 £30.00
UK excluding London median hourly rate £30.00 £30.00 £26.98
% change year-on-year
- +11.21%

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

Algorithmic Trading
Top 11 Related IT Skills in Glasgow

For the 6 months to 28 July 2016, 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 Glasgow region with a requirement for Algorithmic Trading.

1 1 (100.00%) Java
1 1 (100.00%) E-Commerce
1 1 (100.00%) TIBCO
1 1 (100.00%) Front Office
1 1 (100.00%) Fixed Income
1 1 (100.00%) Banking
1 1 (100.00%) Investment Banking
1 1 (100.00%) Multithreading
1 1 (100.00%) Low Latency
1 1 (100.00%) Ultra-Low Latency
1 1 (100.00%) Code Optimisation

Algorithmic Trading
Top Related IT Skills in Glasgow 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:

General
1 1 (100.00%) Banking
1 1 (100.00%) Front Office
1 1 (100.00%) Investment Banking
Job Titles
1 1 (100.00%) Developer
1 1 (100.00%) Java Developer
Miscellaneous
1 1 (100.00%) Fixed Income
Processes & Methodologies
1 1 (100.00%) Code Optimisation
1 1 (100.00%) E-Commerce
1 1 (100.00%) Low Latency
1 1 (100.00%) Multithreading
1 1 (100.00%) Ultra-Low Latency
Programming Languages
1 1 (100.00%) Java
Vendors
1 1 (100.00%) TIBCO