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 25 September 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
25 Sep 2016
Same period 2015 Same period 2014
Algo Trading
Rank - 68 72
Contract jobs citing Algorithmic Trading 0 4 3
As % of all contract IT jobs located in Glasgow - 0.44% 0.36%
As % of the Processes & Methodologies category - 0.53% 0.43%
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate - £625 £425
% change year-on-year
- +47.05%
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
479 754 691
As % of all contract IT jobs located in Glasgow 82.16% 82.49% 82.07%
Number of daily rates quoted 243 385 334
Median daily rate £350 £350 £375
Median daily rate % change year-on-year
- -6.66%
90% offered a daily rate of more than £265 £250 £250
10% offered a daily rate of more than £450 £450 £625
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 9 12 13
Median hourly rate £38.00 £37.50 £35.00
Median hourly rate % change year-on-year
+1.33% +7.14%
90% offered a hourly rate of more than £14.00 £12.35 £14.94
10% offered a hourly rate of more than £50.00 £55.00 £50.00
UK excluding London median hourly rate £32.50 £33.64 £26.25
% change year-on-year
-3.38% +28.15%

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