The first table below looks at the demand for Algorithmic Trading skills in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Algorithmic Trading over the 3 months to 25 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Processes & Methodologies category for the London region.

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
25 Jul 2014
Same period 2013 Same period 2012
Algorithmic Trading
Rank 324 330 319
Rank change year-on-year
+6 -11
Contract jobs citing Algorithmic Trading 87 85 96
As % of all contract IT jobs located in London 0.37% 0.35% 0.36%
As % of the Processes & Methodologies category 0.48% 0.46% 0.49%
Number of daily rates quoted 75 66 64
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£650 £600 £600
Average daily rate % change year-on-year
+8.33% -
90% offered a daily rate of more than £518 £500 £385
10% offered a daily rate of more than £700 £700 £700
UK excluding London average daily rate £375 - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Processes & Methodologies Category
London
Contract IT job ads with a match in the
Processes & Methodologies category
18167 18542 19451
As % of all contract IT jobs located in London 76.94% 76.48% 73.94%
Number of daily rates quoted 12695 12898 12907
Average daily rate £443 £450 £445
Average daily rate % change year-on-year
-1.66% +1.12%
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £375 £363
% change year-on-year
- +3.44%
Number of hourly rates quoted 225 260 374
Average hourly rate £20.00 £27.50 £27.50
Average hourly rate % change year-on-year
-27.27% -
90% offered a hourly rate of more than £14.00 £14.00 £15.00
10% offered a hourly rate of more than £53.50 £52.00 £48.00
UK excluding London average hourly rate £26.50 £31.00 £32.00
% change year-on-year
-14.51% -3.12%
Algorithmic Trading
England

Algorithmic Trading
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing Algorithmic Trading across the London region as a proportion of the total demand within 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 25 July 2014.

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 average contractor rates quoted in IT jobs citing Algorithmic Trading within the London region over the 3 months to 25 July 2014. 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
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +21 35 £650 +1.96% 8
Docklands, London - 1 £513 -
Algorithmic Trading
England

Algorithmic Trading
Top 30 Related IT Skills in London

For the 6 months to 25 July 2014, IT contractor jobs across the London 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 88 (70.97%) Low Latency
2 86 (69.35%) Foreign Exchange (FX)
3 75 (60.48%) Multithreading
4 73 (58.87%) Java
5 63 (50.81%) Front Office
6 54 (43.55%) Banking
7 45 (36.29%) SQL
8 37 (29.84%) C#
9 34 (27.42%) Electronic Trading
9 34 (27.42%) Finance
10 33 (26.61%) FIX Protocol
11 30 (24.19%) C++
12 28 (22.58%) Equities
13 27 (21.77%) Investment Banking
14 26 (20.97%) Oracle
15 23 (18.55%) Linux
16 20 (16.13%) Oracle Coherence
17 19 (15.32%) Degree
17 19 (15.32%) UNIX
18 16 (12.90%) VWAP
18 16 (12.90%) TWAP
18 16 (12.90%) Performance Tuning
19 15 (12.10%) Relational Database
20 14 (11.29%) Risk Management
21 13 (10.48%) Middleware
21 13 (10.48%) Computer Science
22 12 (9.68%) E-Commerce
23 11 (8.87%) Fixed Income
23 11 (8.87%) Software Engineering
24 9 (7.26%) KDB

Algorithmic Trading
Top Related IT Skills in London by Category

For the 6 months to 25 July 2014, IT contractor jobs across the London 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.

Application Platforms
1 20 (16.13%) Oracle Coherence
Applications
1 3 (2.42%) MS Office
Business Applications
1 8 (6.45%) RMDS
Communications & Networking
1 8 (6.45%) TCP/IP
2 5 (4.03%) Multicast
3 1 (0.81%) HTTP
3 1 (0.81%) BGP
3 1 (0.81%) Firewall
Database & Business Intelligence
1 15 (12.10%) Relational Database
2 9 (7.26%) KDB
3 5 (4.03%) SQL Server
Development Applications
1 2 (1.61%) Eclipse
1 2 (1.61%) Maven
1 2 (1.61%) Ant
2 1 (0.81%) Visual Studio
2 1 (0.81%) JIRA
2 1 (0.81%) SpecFlow
General
1 63 (50.81%) Front Office
2 54 (43.55%) Banking
3 34 (27.42%) Finance
4 27 (21.77%) Investment Banking
5 5 (4.03%) Financial Institution
6 4 (3.23%) Back Office
7 2 (1.61%) Retail
8 1 (0.81%) Legal
8 1 (0.81%) Games
Job Titles
1 77 (62.10%) Developer
2 36 (29.03%) Java Developer
3 28 (22.58%) C# Developer
4 11 (8.87%) Analyst
5 9 (7.26%) Senior Developer
6 8 (6.45%) Development Manager
7 7 (5.65%) Business Analyst
8 6 (4.84%) Senior Java Developer
9 5 (4.03%) C++ Developer
9 5 (4.03%) Lead Developer
10 4 (3.23%) WPF Developer
11 3 (2.42%) Python Developer
11 3 (2.42%) Project Manager
12 2 (1.61%) Support Analyst
12 2 (1.61%) Senior Analyst
12 2 (1.61%) Lead Java Developer
12 2 (1.61%) Fidessa Analyst
13 1 (0.81%) E-Commerce Specialist
13 1 (0.81%) Banking Business Analyst
13 1 (0.81%) Messaging Analyst
Libraries, Frameworks & Software Standards
1 33 (26.61%) FIX Protocol
2 13 (10.48%) Middleware
3 7 (5.65%) .NET
4 5 (4.03%) WPF
5 4 (3.23%) LINQ
6 3 (2.42%) RabbitMQ
6 3 (2.42%) Rendezvous
7 2 (1.61%) JMS
7 2 (1.61%) WinForms
7 2 (1.61%) STL
7 2 (1.61%) Reactive Extensions
7 2 (1.61%) WCF
8 1 (0.81%) Boost C++ Libraries
8 1 (0.81%) XML
8 1 (0.81%) J2SE
Miscellaneous
1 86 (69.35%) Foreign Exchange (FX)
2 28 (22.58%) Equities
3 16 (12.90%) VWAP
3 16 (12.90%) TWAP
4 13 (10.48%) Computer Science
5 11 (8.87%) Fixed Income
6 7 (5.65%) Mathematics
7 6 (4.84%) Credit Derivative
8 5 (4.03%) Visualisation
8 5 (4.03%) Hedge funds
9 4 (3.23%) Client/Server
9 4 (3.23%) Derivative
10 3 (2.42%) Open Source
11 2 (1.61%) Statistics
11 2 (1.61%) Physics
12 1 (0.81%) Enterprise Software
12 1 (0.81%) Credit Risk
Operating Systems
1 23 (18.55%) Linux
2 19 (15.32%) UNIX
3 8 (6.45%) Windows
4 6 (4.84%) Solaris
Processes & Methodologies
1 88 (70.97%) Low Latency
2 75 (60.48%) Multithreading
3 34 (27.42%) Electronic Trading
4 16 (12.90%) Performance Tuning
5 14 (11.29%) Risk Management
6 12 (9.68%) E-Commerce
7 11 (8.87%) Software Engineering
8 6 (4.84%) OO
9 5 (4.03%) Business Analysis
9 5 (4.03%) TDD
10 4 (3.23%) Change Control
10 4 (3.23%) Process Management
10 4 (3.23%) Problem Management
11 3 (2.42%) Agile Software Development
11 3 (2.42%) Web Development
11 3 (2.42%) Business Development
11 3 (2.42%) Analytics
11 3 (2.42%) Ultra-Low Latency
12 2 (1.61%) Wealth Management
12 2 (1.61%) Statistical Analysis
Programming Languages
1 73 (58.87%) Java
2 45 (36.29%) SQL
3 37 (29.84%) C#
4 30 (24.19%) C++
5 8 (6.45%) Python
6 6 (4.84%) Scala
7 4 (3.23%) Shell Script
7 4 (3.23%) Perl
8 3 (2.42%) AWK
8 3 (2.42%) C-shell
9 2 (1.61%) C
10 1 (0.81%) VB
10 1 (0.81%) Bash Shell
10 1 (0.81%) R
10 1 (0.81%) PowerShell
Qualifications
1 19 (15.32%) Degree
2 2 (1.61%) PhD
System Software
1 1 (0.81%) Active Directory
Vendors
1 26 (20.97%) Oracle
2 9 (7.26%) 29West
3 6 (4.84%) ION Trading
3 6 (4.84%) Tradeweb
3 6 (4.84%) TIBCO
3 6 (4.84%) Bloomberg
4 3 (2.42%) Infragistics
4 3 (2.42%) Perforce
5 2 (1.61%) Fidessa
6 1 (0.81%) Portware
6 1 (0.81%) Radianz
6 1 (0.81%) Reuters
6 1 (0.81%) Sybase
6 1 (0.81%) Microsoft
City, London
Aston Carter
Rate: £750 - £850 per day
Posted: 17 hours ago
London
ComputAppoint
Rate: £550 - £600 per day
Posted: Yesterday
London
ComputAppoint
Rate: £600 - £700 per annum
Posted: Yesterday
London
Radley James Ltd
Posted: Yesterday
City, London
Aston Carter
Rate: £900 - £1050 per annum
Posted: 2 days ago
London
Hays IT - Uk Posting account
Rate: £600.00 - £650.00 per annum
Posted: 2 days ago
London
Oliver Bernard
Rate: From £425 to £475 per day
Posted: 2 days ago
London
McGregor Boyall
Rate: £550 - £700 per day
Posted: 6 days ago