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 30 July 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
30 Jul 2015
Same period 2014 Same period 2013
Algo Trading
Rank - 67 -
Contract jobs citing Algorithmic Trading 0 9 0
As % of all contract IT jobs located in Glasgow - 1.10% -
As % of the Processes & Methodologies category - 1.38% -
Number of daily rates quoted 0 5 0
Average daily rate
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of your 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
701 654 564
As % of all contract IT jobs located in Glasgow 81.13% 79.95% 72.03%
Number of daily rates quoted 348 295 299
Average daily rate £350 £350 £375
Average daily rate % change year-on-year
- -6.66%
90% offered a daily rate of more than £260 £238 £225
10% offered a daily rate of more than £450 £450 £500
UK excluding London average daily rate £388 £375 £375
% change year-on-year
+3.33% -
Number of hourly rates quoted 22 8 9
Average hourly rate £39.00 £15.50 £9.25
Average hourly rate % change year-on-year
+151.61% +67.56%
UK excluding London average hourly rate £30.00 £26.50 £31.00
% change year-on-year
+13.20% -14.51%

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