The table below looks at the statistics for Algorithmic Trading skills in IT contracts advertised for the London region. Included is a guide to the contractor rates offered in IT contracts that have cited Algorithmic Trading over the 3 months to 30 May 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
30 May 2016
Same period 2015 Same period 2014
Algo Trading
Rank 346 314 377
Rank change year-on-year
-32 +63
Contract jobs citing Algorithmic Trading 71 106 54
As % of all contract IT jobs located in London 0.33% 0.47% 0.23%
As % of the Processes & Methodologies category 0.39% 0.58% 0.29%
Number of daily rates quoted 61 75 47
Median daily rate £700 £625 £650
Median daily rate % change year-on-year
+12.00% -3.84%
90% offered a daily rate of more than £463 £500 £500
10% offered a daily rate of more than £725 £750 £738
UK excluding London median daily rate - £650 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Algorithmic Trading
England

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the London region.

Processes & Methodologies Category
London
Contract IT job ads with a match in the
Processes & Methodologies category
18191 18320 18823
As % of all contract IT jobs located in London 83.91% 80.97% 80.52%
Number of daily rates quoted 13326 12907 13499
Median daily rate £475 £450 £430
Median daily rate % change year-on-year
+5.55% +4.65%
90% offered a daily rate of more than £325 £310 £300
10% offered a daily rate of more than £625 £625 £600
UK excluding London median daily rate £400 £385 £375
% change year-on-year
+3.89% +2.66%
Number of hourly rates quoted 149 259 237
Median hourly rate £21.64 £22.00 £21.75
Median hourly rate % change year-on-year
-1.63% +1.14%
90% offered a hourly rate of more than £12.50 £11.00 £12.85
10% offered a hourly rate of more than £43.75 £80.00 £53.50
UK excluding London median hourly rate £32.50 £30.00 £30.00
% change year-on-year
+8.33% -

Algorithmic Trading
Jobs Demand Trend in London

The demand trend of contract jobs across the London 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 London

Algorithmic Trading
Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Algorithmic Trading across the London region.

Algorithmic Trading Daily Rate Trend in London

Algorithmic Trading
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Algorithmic Trading across the London region over the 3 months to 30 May 2016.

Algorithmic Trading Daily Rate Histogram in London

Algorithmic Trading
Hourly Rate Trend in London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Algorithmic Trading across the London region.

Algorithmic Trading Hourly Rate Trend in London

Algorithmic Trading
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Algorithmic Trading within the London region over the 3 months to 30 May 2016. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +44 21 £700 +21.73% 10
Algorithmic Trading
England

Algorithmic Trading
Top 30 Related IT Skills in London

For the 6 months to 30 May 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 London region with a requirement for Algorithmic Trading.

1 117 (67.24%) Front Office
2 106 (60.92%) Foreign Exchange (FX)
3 105 (60.34%) Low Latency
4 77 (44.25%) Market Making
4 77 (44.25%) Multithreading
5 75 (43.10%) C++
6 74 (42.53%) Banking
7 55 (31.61%) Java
8 50 (28.74%) FIX Protocol
9 48 (27.59%) Electronic Trading
9 48 (27.59%) Analytical Skills
10 46 (26.44%) Investment Banking
11 44 (25.29%) C#
12 43 (24.71%) Linux
12 43 (24.71%) Finance
13 42 (24.14%) Unix
14 41 (23.56%) Equities
15 39 (22.41%) Risk Management
16 37 (21.26%) KDB
17 34 (19.54%) WPF
18 33 (18.97%) Analytics
18 33 (18.97%) Agile Software Development
19 32 (18.39%) WinForms
20 31 (17.82%) Performance Optimisation
21 27 (15.52%) SQL
21 27 (15.52%) Algorithms
22 25 (14.37%) PhD
23 24 (13.79%) SQL Server
24 23 (13.22%) FX Algorithmic Trading
25 22 (12.64%) Degree

Algorithmic Trading
Top Related IT Skills in London 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:

Application Platforms
1 3 (1.72%) Confluence
2 2 (1.15%) Apache
2 2 (1.15%) Apache Spark
2 2 (1.15%) Oracle Coherence
3 1 (0.57%) SharePoint
Applications
1 4 (2.30%) MS Excel
Business Applications
1 8 (4.60%) Summit
2 1 (0.57%) ION MarketView
2 1 (0.57%) Oracle Procure-to-Pay
2 1 (0.57%) RMDS
Communications & Networking
1 11 (6.32%) TCP/IP
2 3 (1.72%) Firewall
3 1 (0.57%) BGP
3 1 (0.57%) HTTP
3 1 (0.57%) LAN
3 1 (0.57%) Multicast
3 1 (0.57%) SNMP
Database & Business Intelligence
1 37 (21.26%) KDB
2 24 (13.79%) SQL Server
3 4 (2.30%) SQL Server 2014
4 3 (1.72%) DTS
4 3 (1.72%) Relational Database
4 3 (1.72%) SQL Server 2000
4 3 (1.72%) SQL Server 2005
4 3 (1.72%) SQL Server 2008
4 3 (1.72%) SQL Server 2012
4 3 (1.72%) SQL Server Integration Services
5 2 (1.15%) Big Data
5 2 (1.15%) DB2
6 1 (0.57%) Data Mining
6 1 (0.57%) Data Warehouse
6 1 (0.57%) Tick Data
Development Applications
1 12 (6.90%) GDB
2 10 (5.75%) HP UFT
2 10 (5.75%) Selenium
3 4 (2.30%) Subversion
4 3 (1.72%) JIRA
5 2 (1.15%) Ant
5 2 (1.15%) Git (software)
5 2 (1.15%) Jasmine
5 2 (1.15%) Jenkins
5 2 (1.15%) JSUnit
5 2 (1.15%) Mocha
5 2 (1.15%) Moq
5 2 (1.15%) NUnit
5 2 (1.15%) QUnit
5 2 (1.15%) Rhino Mocks
5 2 (1.15%) Sinon.JS
5 2 (1.15%) TeamCity
5 2 (1.15%) Visual Studio
6 1 (0.57%) Oracle APEX
General
1 117 (67.24%) Front Office
2 74 (42.53%) Banking
3 46 (26.44%) Investment Banking
4 43 (24.71%) Finance
5 9 (5.17%) Back Office
Job Titles
1 113 (64.94%) Developer
2 37 (21.26%) Analyst
3 35 (20.11%) C# Developer
4 33 (18.97%) C++ Developer
4 33 (18.97%) Java Developer
5 20 (11.49%) Banking Analyst
6 17 (9.77%) Business Analyst
7 14 (8.05%) Support Analyst
8 13 (7.47%) FX Support Analyst
9 12 (6.90%) Unix Analyst
10 11 (6.32%) QA Tester
10 11 (6.32%) Tester
10 11 (6.32%) Unix Support
10 11 (6.32%) Unix Support Analyst
11 10 (5.75%) Lead Tester
11 10 (5.75%) QA Leader
11 10 (5.75%) Senior QA Tester
11 10 (5.75%) Senior Tester
12 8 (4.60%) C++/C# Developer
12 8 (4.60%) Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 50 (28.74%) FIX Protocol
2 34 (19.54%) WPF
3 32 (18.39%) WinForms
4 20 (11.49%) .NET
5 10 (5.75%) MSMQ
6 7 (4.02%) STL
7 6 (3.45%) Middleware
8 5 (2.87%) Boost C++ Libraries
9 4 (2.30%) HTML
9 4 (2.30%) XML
10 3 (1.72%) HTML5
11 2 (1.15%) ASP.NET MVC 4
11 2 (1.15%) CSS3
11 2 (1.15%) Entity Framework
11 2 (1.15%) KnockoutJS
11 2 (1.15%) LESS
11 2 (1.15%) Ninject
11 2 (1.15%) Sass
11 2 (1.15%) Ultra Messaging
11 2 (1.15%) Unity DI Container
Miscellaneous
1 106 (60.92%) Foreign Exchange (FX)
2 48 (27.59%) Analytical Skills
3 41 (23.56%) Equities
4 27 (15.52%) Algorithms
5 19 (10.92%) Data Structures
6 17 (9.77%) Fixed Income
7 16 (9.20%) Fintech
8 12 (6.90%) Hedge funds
9 8 (4.60%) Market Risk
10 6 (3.45%) Computer Science
10 6 (3.45%) N-Tier
11 5 (2.87%) Derivative
12 4 (2.30%) Clustering
12 4 (2.30%) Equity Derivative
13 3 (1.72%) Credit Risk
13 3 (1.72%) Replication
14 2 (1.15%) Visualisation
15 1 (0.57%) Mathematics
15 1 (0.57%) Reference Data
15 1 (0.57%) User Experience
Operating Systems
1 43 (24.71%) Linux
2 42 (24.14%) Unix
3 9 (5.17%) Windows
4 3 (1.72%) Windows Server
4 3 (1.72%) Windows Server 2008
4 3 (1.72%) Windows Server 2012
5 1 (0.57%) AIX
5 1 (0.57%) Oracle Linux
5 1 (0.57%) Red Hat Enterprise Linux
5 1 (0.57%) Solaris
Processes & Methodologies
1 105 (60.34%) Low Latency
2 77 (44.25%) Market Making
2 77 (44.25%) Multithreading
3 48 (27.59%) Electronic Trading
4 39 (22.41%) Risk Management
5 33 (18.97%) Agile Software Development
5 33 (18.97%) Analytics
6 31 (17.82%) Performance Optimisation
7 23 (13.22%) FX Algorithmic Trading
8 18 (10.34%) Data Management
9 14 (8.05%) Ultra-Low Latency
10 13 (7.47%) Migration
10 13 (7.47%) OO
11 12 (6.90%) Automated Testing
11 12 (6.90%) DevOps
11 12 (6.90%) ITIL
11 12 (6.90%) Test Automation
12 11 (6.32%) PRINCE2
13 10 (5.75%) Data Migration
13 10 (5.75%) OOD
Programming Languages
1 75 (43.10%) C++
2 55 (31.61%) Java
3 44 (25.29%) C#
4 27 (15.52%) SQL
5 21 (12.07%) Perl
5 21 (12.07%) Python
6 13 (7.47%) Shell Script
7 7 (4.02%) PowerShell
8 5 (2.87%) Scala
9 3 (1.72%) Bash Shell
9 3 (1.72%) T-SQL
9 3 (1.72%) VBScript
10 2 (1.15%) C
10 2 (1.15%) JavaScript
11 1 (0.57%) PHP
11 1 (0.57%) Ruby
Qualifications
1 25 (14.37%) PhD
2 22 (12.64%) Degree
3 10 (5.75%) ISEB
3 10 (5.75%) ISTQB
4 1 (0.57%) PMI Certification
4 1 (0.57%) PMP
Quality Assurance & Compliance
1 13 (7.47%) MiFID
1 13 (7.47%) QA
2 8 (4.60%) AIFMD
2 8 (4.60%) EMIR
3 1 (0.57%) Data Quality
System Software
1 3 (1.72%) Hyper-V
2 1 (0.57%) Veritas Cluster Server
2 1 (0.57%) VMware Infrastructure
Systems Management
1 12 (6.90%) ITRS Geneos
2 2 (1.15%) Tivoli
3 1 (0.57%) Thomson Reuters DACS
Vendors
1 18 (10.34%) Sybase
2 13 (7.47%) Splunk
3 11 (6.32%) Oracle
4 8 (4.60%) Calypso
4 8 (4.60%) Murex
5 7 (4.02%) Fidessa
6 6 (3.45%) Solace
7 3 (1.72%) Microsoft
7 3 (1.72%) TIBCO
8 2 (1.15%) BT
8 2 (1.15%) Radianz
9 1 (0.57%) Cisco
9 1 (0.57%) HP
9 1 (0.57%) ION Trading
9 1 (0.57%) Red Hat
9 1 (0.57%) Reuters
9 1 (0.57%) Veritas
9 1 (0.57%) VMware
London
McGregor Boyall
Rate: £450 - £700 per day
Posted: 5 days ago
London
McGregor Boyall
Rate: £600 - £700 per day
Posted: 5 days ago