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 27 August 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
27 Aug 2016
Same period 2015 Same period 2014
Algo Trading
Rank 354 334 320
Rank change year-on-year
-20 -14
Contract jobs citing Algorithmic Trading 83 112 118
As % of all contract IT jobs located in London 0.37% 0.47% 0.49%
As % of the Processes & Methodologies category 0.43% 0.58% 0.60%
Number of daily rates quoted 74 92 112
Median daily rate £610 £650 £650
Median daily rate % change year-on-year
-6.15% -
90% offered a daily rate of more than £508 £450 £453
10% offered a daily rate of more than £675 £750 £700
UK excluding London median daily rate - £450 £375
% change year-on-year
- +20.00%
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
19477 19478 19794
As % of all contract IT jobs located in London 85.78% 82.37% 81.48%
Number of daily rates quoted 13973 13893 13777
Median daily rate £475 £450 £450
Median daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £325 £313 £300
10% offered a daily rate of more than £625 £625 £600
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 170 217 237
Median hourly rate £23.50 £22.50 £21.50
Median hourly rate % change year-on-year
+4.44% +4.65%
90% offered a hourly rate of more than £12.50 £13.17 £13.46
10% offered a hourly rate of more than £55.00 £60.00 £45.00
UK excluding London median hourly rate £30.00 £33.00 £26.00
% change year-on-year
-9.09% +26.92%

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 27 August 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 27 August 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 +11 15 £594 -18.10% 14
Algorithmic Trading
England

Algorithmic Trading
Top 30 Related IT Skills in London

For the 6 months to 27 August 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.

1 106 (66.25%) Low Latency
2 94 (58.75%) Front Office
3 81 (50.63%) Foreign Exchange (FX)
4 77 (48.13%) Electronic Trading
5 75 (46.88%) Multithreading
6 57 (35.63%) Banking
6 57 (35.63%) FIX Protocol
7 55 (34.38%) C#
7 55 (34.38%) Unix
8 50 (31.25%) C++
9 49 (30.63%) Market Making
10 47 (29.38%) Java
11 41 (25.63%) Risk Management
12 39 (24.38%) Finance
13 36 (22.50%) Analytical Skills
14 35 (21.88%) Linux
15 34 (21.25%) WPF
16 32 (20.00%) SQL
16 32 (20.00%) Performance Optimisation
17 31 (19.38%) WinForms
17 31 (19.38%) Investment Banking
18 29 (18.13%) Agile Software Development
19 27 (16.88%) Equities
20 24 (15.00%) Degree
21 22 (13.75%) Oracle
22 21 (13.13%) KDB
23 19 (11.88%) Algorithms
23 19 (11.88%) OO
24 18 (11.25%) AngularJS
25 17 (10.63%) Analytics

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 (1.88%) Confluence
2 2 (1.25%) Apache
2 2 (1.25%) Apache Spark
3 1 (0.63%) Oracle Coherence
3 1 (0.63%) SharePoint
Applications
1 1 (0.63%) MS Excel
Business Applications
1 8 (5.00%) Summit
2 5 (3.13%) RMDS
3 1 (0.63%) ION MarketView
3 1 (0.63%) Oracle Procure-to-Pay
Communications & Networking
1 10 (6.25%) TCP/IP
2 2 (1.25%) Firewall
3 1 (0.63%) BGP
3 1 (0.63%) HTTP
3 1 (0.63%) Internet
3 1 (0.63%) LAN
3 1 (0.63%) SNMP
Database & Business Intelligence
1 21 (13.13%) KDB
2 16 (10.00%) SQL Server
3 5 (3.13%) Kdb+
4 4 (2.50%) MongoDB
4 4 (2.50%) SQL Server 2014
5 3 (1.88%) DB2
6 2 (1.25%) Big Data
6 2 (1.25%) MySQL
6 2 (1.25%) NoSQL
6 2 (1.25%) PostgreSQL
7 1 (0.63%) Data Mining
7 1 (0.63%) Data Warehouse
7 1 (0.63%) Relational Database
Development Applications
1 9 (5.63%) JIRA
2 5 (3.13%) Subversion
3 4 (2.50%) NUnit
4 3 (1.88%) TeamCity
4 3 (1.88%) Visual Studio
5 2 (1.25%) Bower
5 2 (1.25%) Gerrit
5 2 (1.25%) Git (software)
5 2 (1.25%) Grunt
5 2 (1.25%) gulp
5 2 (1.25%) Jasmine
5 2 (1.25%) Jenkins
5 2 (1.25%) JSUnit
5 2 (1.25%) Mocha
5 2 (1.25%) Moq
5 2 (1.25%) QUnit
5 2 (1.25%) Rhino Mocks
5 2 (1.25%) Sinon.JS
5 2 (1.25%) SpecFlow
5 2 (1.25%) Toad
General
1 94 (58.75%) Front Office
2 57 (35.63%) Banking
3 39 (24.38%) Finance
4 31 (19.38%) Investment Banking
5 8 (5.00%) Back Office
6 4 (2.50%) Financial Institution
Job Titles
1 113 (70.63%) Developer
2 54 (33.75%) Algorithmic Trading Developer
3 47 (29.38%) C# Developer
4 34 (21.25%) Java Developer
5 23 (14.38%) C# Developer - Algorithmic Trading
5 23 (14.38%) C++ Developer
6 21 (13.13%) Analyst
6 21 (13.13%) Java Developer - Algorithmic Trading
7 17 (10.63%) Electronic Trading Developer
8 11 (6.88%) C++/C# Developer
9 9 (5.63%) Business Analyst
9 9 (5.63%) Support Analyst
10 8 (5.00%) C++ Developer - Algorithmic Trading
10 8 (5.00%) FX Support Analyst
11 7 (4.38%) C# Developer - Electronic Trading
11 7 (4.38%) Low Latency C++ Developer
11 7 (4.38%) Unix Analyst
12 6 (3.75%) Electronic Trading C++ Developer
12 6 (3.75%) Unix Support
12 6 (3.75%) Unix Support Analyst
Libraries, Frameworks & Software Standards
1 57 (35.63%) FIX Protocol
2 34 (21.25%) WPF
3 31 (19.38%) WinForms
4 18 (11.25%) AngularJS
5 17 (10.63%) .NET
6 14 (8.75%) HTML
6 14 (8.75%) Middleware
7 13 (8.13%) HTML5
8 12 (7.50%) Node.js
9 8 (5.00%) CSS
9 8 (5.00%) CSS3
10 7 (4.38%) Rendezvous
10 7 (4.38%) Swing
11 6 (3.75%) STL
12 5 (3.13%) ASP.NET Web API
12 5 (3.13%) jQuery
12 5 (3.13%) KnockoutJS
12 5 (3.13%) LESS
12 5 (3.13%) RequireJS
12 5 (3.13%) Sass
Miscellaneous
1 81 (50.63%) Foreign Exchange (FX)
2 36 (22.50%) Analytical Skills
3 27 (16.88%) Equities
4 19 (11.88%) Algorithms
5 16 (10.00%) Fixed Income
6 12 (7.50%) Derivative
7 11 (6.88%) Computer Science
8 8 (5.00%) Equity Derivative
9 7 (4.38%) Data Structures
9 7 (4.38%) Fintech
9 7 (4.38%) Hedge funds
9 7 (4.38%) Visualisation
10 6 (3.75%) N-Tier
11 5 (3.13%) Market Risk
12 4 (2.50%) SCADA
12 4 (2.50%) TWAP
12 4 (2.50%) VWAP
13 3 (1.88%) Clustering
14 2 (1.25%) Inversion of Control
14 2 (1.25%) Statistics
Operating Systems
1 55 (34.38%) Unix
2 35 (21.88%) Linux
3 10 (6.25%) AIX
3 10 (6.25%) Red Hat Enterprise Linux
3 10 (6.25%) Solaris
4 9 (5.63%) SUSE Linux Enterprise Server
5 7 (4.38%) Windows
6 2 (1.25%) SUSE
7 1 (0.63%) Oracle Linux
Processes & Methodologies
1 106 (66.25%) Low Latency
2 77 (48.13%) Electronic Trading
3 75 (46.88%) Multithreading
4 49 (30.63%) Market Making
5 41 (25.63%) Risk Management
6 32 (20.00%) Performance Optimisation
7 29 (18.13%) Agile Software Development
8 19 (11.88%) OO
9 17 (10.63%) Analytics
10 15 (9.38%) High-Frequency Trading
11 12 (7.50%) Data Management
12 11 (6.88%) FX Algorithmic Trading
13 10 (6.25%) OOD
14 8 (5.00%) Build Automation
15 7 (4.38%) Continuous Improvement
15 7 (4.38%) ITIL
15 7 (4.38%) SDLC
16 6 (3.75%) ITSM
16 6 (3.75%) Service Management
17 5 (3.13%) MVC
Programming Languages
1 55 (34.38%) C#
2 50 (31.25%) C++
3 47 (29.38%) Java
4 32 (20.00%) SQL
5 17 (10.63%) JavaScript
6 12 (7.50%) Python
6 12 (7.50%) Shell Script
7 8 (5.00%) Perl
8 4 (2.50%) PowerShell
9 3 (1.88%) MATLAB
9 3 (1.88%) Ruby
10 2 (1.25%) ES6
11 1 (0.63%) C
11 1 (0.63%) PHP
11 1 (0.63%) R
11 1 (0.63%) Scala
11 1 (0.63%) VBA
11 1 (0.63%) XAML
Qualifications
1 24 (15.00%) Degree
2 6 (3.75%) PhD
3 1 (0.63%) PMP
Quality Assurance & Compliance
1 8 (5.00%) EMIR
2 7 (4.38%) QA
3 5 (3.13%) FATCA
3 5 (3.13%) MiFID
4 3 (1.88%) AIFMD
5 1 (0.63%) Data Quality
System Software
1 3 (1.88%) Veritas Cluster Server
2 1 (0.63%) VMware Infrastructure
Systems Management
1 2 (1.25%) ITRS Geneos
1 2 (1.25%) Puppet
2 1 (0.63%) Thomson Reuters DACS
2 1 (0.63%) Tivoli
Vendors
1 22 (13.75%) Oracle
2 8 (5.00%) Calypso
3 7 (4.38%) TIBCO
4 6 (3.75%) Reuters
5 5 (3.13%) Currenex
5 5 (3.13%) FXall
5 5 (3.13%) IBM
5 5 (3.13%) Solace
5 5 (3.13%) Sybase
6 4 (2.50%) Fidessa
6 4 (2.50%) Sun
7 3 (1.88%) Murex
7 3 (1.88%) Splunk
7 3 (1.88%) Veritas
8 2 (1.25%) EMC
8 2 (1.25%) Infragistics
8 2 (1.25%) Syncfusion
9 1 (0.63%) HP
9 1 (0.63%) Informatica
9 1 (0.63%) Radianz
London
Oliver Bernard
Rate: £600 - £610 per day
Posted: 3 days ago
City, London
McGregor Boyall
Rate: £600 - £700 per day + depending on experience
Posted: 5 days ago
City, London
Hatstand Limited
Rate: £400 - £500 per day
Posted: 5 days ago