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 2 September 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
2 Sep 2015
Same period 2014 Same period 2013
Algo Trading
Rank 67 67 -
Rank change year-on-year
0 -
Contract jobs citing Algorithmic Trading 2 9 0
As % of all contract IT jobs located in Glasgow 0.22% 1.03% -
As % of the Processes & Methodologies category 0.27% 1.29% -
Number of daily rates quoted 0 5 0
Average daily rate
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- £375 -
UK excluding London average daily rate £450 £375 -
% change year-on-year
+20.00% -
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
737 696 475
As % of all contract IT jobs located in Glasgow 80.55% 79.73% 71.75%
Number of daily rates quoted 368 317 269
Average daily rate £350 £375 £363
Average daily rate % change year-on-year
-6.66% +3.44%
90% offered a daily rate of more than £263 £250 £200
10% offered a daily rate of more than £444 £450 £500
UK excluding London average daily rate £400 £375 £370
% change year-on-year
+6.66% +1.35%
Number of hourly rates quoted 14 9 8
Average hourly rate £50.00 £18.50 £9.50
Average hourly rate % change year-on-year
+170.27% +94.73%
90% offered a hourly rate of more than £12.35 £12.20 £9.25
10% offered a hourly rate of more than £65.00 £35.00 £17.24
UK excluding London average hourly rate £32.50 £26.83 £30.25
% change year-on-year
+21.13% -11.30%

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 12 Related IT Skills in Glasgow

For the 6 months to 2 September 2015, 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 2 (100.00%) C#
1 2 (100.00%) .NET
1 2 (100.00%) Finance
1 2 (100.00%) Agile Software Development
1 2 (100.00%) Derivative
1 2 (100.00%) Equity Derivative
1 2 (100.00%) WPF
1 2 (100.00%) Unit Testing
1 2 (100.00%) Visualisation
1 2 (100.00%) Analytics
1 2 (100.00%) User Experience
1 2 (100.00%) Market Making

Algorithmic Trading
Top Related IT Skills in Glasgow by Category

For the 6 months to 2 September 2015, 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 2 (100.00%) Finance
Job Titles
1 2 (100.00%) Developer
1 2 (100.00%) C# Developer
Libraries, Frameworks & Software Standards
1 2 (100.00%) .NET
1 2 (100.00%) WPF
Miscellaneous
1 2 (100.00%) Derivative
1 2 (100.00%) Equity Derivative
1 2 (100.00%) Visualisation
1 2 (100.00%) User Experience
Processes & Methodologies
1 2 (100.00%) Agile Software Development
1 2 (100.00%) Unit Testing
1 2 (100.00%) Analytics
1 2 (100.00%) Market Making
Programming Languages
1 2 (100.00%) C#