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 January 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 Jan 2017
Same period 2016 Same period 2015
Algo Trading
Scotland / Glasgow
Rank - - 62
Contract jobs citing Algorithmic Trading 0 0 2
As % of all contract IT jobs located in Glasgow - - 0.27%
As % of the Processes & Methodologies category - - 0.33%
Number of daily rates quoted 0 0 2
Median daily rate - - £475
UK excluding London median daily rate - £600 £475
% change year-on-year
- +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
419 515 602
As % of all contract IT jobs located in Glasgow 85.16% 76.75% 81.68%
Number of daily rates quoted 218 287 359
Median daily rate £350 £340 £375
Median daily rate % change year-on-year
+2.94% -9.33%
90% offered a daily rate of more than £249 £200 £273
10% offered a daily rate of more than £500 £475 £475
UK excluding London median daily rate £405 £400 £393
% change year-on-year
+1.25% +1.91%
Number of hourly rates quoted 8 4 8
Median hourly rate £37.50 £33.71 £17.50
Median hourly rate % change year-on-year
+11.24% +92.62%
90% offered a hourly rate of more than £17.32 £16.50 £15.26
10% offered a hourly rate of more than £61.77 £49.41 £25.50
UK excluding London median hourly rate £35.00 £40.00 £25.25
% change year-on-year
-12.50% +58.41%

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