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 average contractor rates offered in IT contracts that have cited Algorithmic Trading over the 3 months to 4 September 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
4 Sep 2015
Same period 2014 Same period 2013
Algo Trading
Rank 320 305 337
Rank change year-on-year
-15 +32
Contract jobs citing Algorithmic Trading 93 117 92
As % of all contract IT jobs located in London 0.39% 0.49% 0.37%
As % of the Processes & Methodologies category 0.49% 0.62% 0.47%
Number of daily rates quoted 77 108 72
Average daily rate
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of your Daily Rate
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£650 £650 £600
Average daily rate % change year-on-year
- +8.33%
90% offered a daily rate of more than £425 £538 £453
10% offered a daily rate of more than £750 £700 £700
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
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
18950 18955 19371
As % of all contract IT jobs located in London 79.97% 79.16% 78.36%
Number of daily rates quoted 13553 13216 13545
Average daily rate £450 £450 £450
90% offered a daily rate of more than £315 £300 £300
10% offered a daily rate of more than £625 £600 £600
UK excluding London average daily rate £400 £375 £370
% change year-on-year
+6.66% +1.35%
Number of hourly rates quoted 206 218 237
Average hourly rate £22.00 £21.62 £23.50
Average hourly rate % change year-on-year
+1.75% -8.00%
90% offered a hourly rate of more than £13.00 £13.50 £13.97
10% offered a hourly rate of more than £52.00 £53.00 £55.00
UK excluding London average hourly rate £32.50 £26.98 £30.50
% change year-on-year
+20.48% -11.55%

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 4 September 2015.

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 4 September 2015. 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 -2 34 £725 +11.53% 24
Algorithmic Trading
England

Algorithmic Trading
Top 30 Related IT Skills in London

For the 6 months to 4 September 2015, 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.

1 107 (54.31%) Low Latency
2 101 (51.27%) Foreign Exchange (FX)
3 81 (41.12%) Front Office
4 74 (37.56%) Java
5 70 (35.53%) Equities
5 70 (35.53%) Multithreading
6 69 (35.03%) Banking
6 69 (35.03%) Linux
7 63 (31.98%) Finance
7 63 (31.98%) FIX Protocol
8 61 (30.96%) C++
9 46 (23.35%) Investment Banking
9 46 (23.35%) UNIX
10 43 (21.83%) Algorithms
11 36 (18.27%) SQL
12 32 (16.24%) Electronic Trading
13 28 (14.21%) Agile Software Development
13 28 (14.21%) C#
13 28 (14.21%) Market Making
14 27 (13.71%) KDB
14 27 (13.71%) Derivative
15 25 (12.69%) FX Algorithmic Trading
16 23 (11.68%) Fixed Income
16 23 (11.68%) Python
17 21 (10.66%) Perl
18 20 (10.15%) Software Engineering
19 19 (9.64%) Data Structures
19 19 (9.64%) Degree
20 18 (9.14%) WPF
20 18 (9.14%) Hedge funds

Algorithmic Trading
Top Related IT Skills in London by Category

For the 6 months to 4 September 2015, 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 1 (0.51%) Oracle Coherence
Applications
1 1 (0.51%) MS Excel
Business Applications
1 5 (2.54%) Summit
2 1 (0.51%) Kondor+
Cloud Services
1 1 (0.51%) Amazon AWS
1 1 (0.51%) IaaS
Communications & Networking
1 6 (3.05%) TCP/IP
2 4 (2.03%) Multicast
3 1 (0.51%) DHCP
3 1 (0.51%) HTTP
3 1 (0.51%) DNS
3 1 (0.51%) SAN
3 1 (0.51%) Internet
3 1 (0.51%) iSCSI
3 1 (0.51%) NAS
Database & Business Intelligence
1 27 (13.71%) KDB
2 10 (5.08%) SQL Server
3 3 (1.52%) NoSQL
4 1 (0.51%) Big Data
Development Applications
1 5 (2.54%) Eclipse
1 5 (2.54%) Subversion
2 4 (2.03%) Jenkins
3 3 (1.52%) Maven
4 1 (0.51%) Git (software)
4 1 (0.51%) Rhino Mocks
4 1 (0.51%) NMock
General
1 81 (41.12%) Front Office
2 69 (35.03%) Banking
3 63 (31.98%) Finance
4 46 (23.35%) Investment Banking
5 8 (4.06%) Financial Institution
6 5 (2.54%) Back Office
7 1 (0.51%) Advertising
7 1 (0.51%) Games
7 1 (0.51%) Retail Banking
7 1 (0.51%) Corporate Banking
7 1 (0.51%) Retail
Job Titles
1 138 (70.05%) Developer
2 59 (29.95%) Java Developer
3 43 (21.83%) C++ Developer
4 40 (20.30%) Analyst
5 29 (14.72%) Senior Developer
6 23 (11.68%) Senior Java Developer
7 21 (10.66%) Support Analyst
8 18 (9.14%) C# Developer
9 14 (7.11%) Business Analyst
10 12 (6.09%) Applications Support
11 9 (4.57%) Applications Support Analyst
12 8 (4.06%) Investment Banking Business Analyst
12 8 (4.06%) FIX Analyst
13 7 (3.55%) WPF Developer
14 6 (3.05%) Banking Business Analyst
15 4 (2.03%) Business Consultant
15 4 (2.03%) Junior Analyst
15 4 (2.03%) Banking Analyst
15 4 (2.03%) Junior
15 4 (2.03%) Consultant
Libraries, Frameworks & Software Standards
1 63 (31.98%) FIX Protocol
2 18 (9.14%) WPF
3 16 (8.12%) J2SE
4 13 (6.60%) Middleware
5 11 (5.58%) .NET
6 7 (3.55%) STL
6 7 (3.55%) WinForms
6 7 (3.55%) Boost C++ Libraries
7 5 (2.54%) Spring
8 4 (2.03%) LINQ
8 4 (2.03%) Reactive Extensions
8 4 (2.03%) AngularJS
9 3 (1.52%) HTML
9 3 (1.52%) HTML5
10 2 (1.02%) SciPy
10 2 (1.02%) NumPy
10 2 (1.02%) WCF
10 2 (1.02%) J2EE
10 2 (1.02%) Pandas
11 1 (0.51%) Regular Expression
Miscellaneous
1 101 (51.27%) Foreign Exchange (FX)
2 70 (35.53%) Equities
3 43 (21.83%) Algorithms
4 27 (13.71%) Derivative
5 23 (11.68%) Fixed Income
6 19 (9.64%) Data Structures
7 18 (9.14%) Analytical Skills
7 18 (9.14%) Hedge funds
8 16 (8.12%) Mathematics
9 11 (5.58%) Computer Science
10 10 (5.08%) Equity Derivative
11 6 (3.05%) Physics
12 5 (2.54%) Field-Programmable Gate Array
13 4 (2.03%) TWAP
13 4 (2.03%) Market Risk
13 4 (2.03%) VWAP
14 3 (1.52%) Management Information System
14 3 (1.52%) N-Tier
14 3 (1.52%) Clustering
15 2 (1.02%) Tandem
Operating Systems
1 69 (35.03%) Linux
2 46 (23.35%) UNIX
3 11 (5.58%) Windows
4 5 (2.54%) Red Hat Enterprise Linux
5 3 (1.52%) SUSE
5 3 (1.52%) AIX
5 3 (1.52%) Solaris
5 3 (1.52%) Oracle Linux
5 3 (1.52%) SUSE Linux Enterprise Server
6 1 (0.51%) Windows Server 2012
6 1 (0.51%) Windows Server 2008
6 1 (0.51%) Windows 7
Processes & Methodologies
1 107 (54.31%) Low Latency
2 70 (35.53%) Multithreading
3 32 (16.24%) Electronic Trading
4 28 (14.21%) Agile Software Development
4 28 (14.21%) Market Making
5 25 (12.69%) FX Algorithmic Trading
6 20 (10.15%) Software Engineering
7 18 (9.14%) Risk Management
8 16 (8.12%) TDD
9 13 (6.60%) OO
10 7 (3.55%) Performance Tuning
11 6 (3.05%) Performance Analysis
11 6 (3.05%) Analytics
11 6 (3.05%) Garbage Collection
11 6 (3.05%) Stakeholder Engagement
12 5 (2.54%) Configuration Management
12 5 (2.54%) Operations Research
12 5 (2.54%) Continuous Integration
12 5 (2.54%) Open Source
13 4 (2.03%) Financial Modelling
Programming Languages
1 74 (37.56%) Java
2 61 (30.96%) C++
3 36 (18.27%) SQL
4 28 (14.21%) C#
5 23 (11.68%) Python
6 21 (10.66%) Perl
7 11 (5.58%) Shell Script
8 8 (4.06%) C
9 7 (3.55%) PowerShell
10 5 (2.54%) JavaScript
11 3 (1.52%) Bash Shell
11 3 (1.52%) Ruby
12 1 (0.51%) Tcl
12 1 (0.51%) Scala
12 1 (0.51%) PL/SQL
12 1 (0.51%) VBScript
12 1 (0.51%) VB
Qualifications
1 19 (9.64%) Degree
2 11 (5.58%) PhD
Quality Assurance & Compliance
1 6 (3.05%) MiFID
2 4 (2.03%) EMIR
2 4 (2.03%) AIFMD
3 1 (0.51%) QA
System Software
1 6 (3.05%) Active Directory
2 3 (1.52%) Veritas Cluster Server
3 1 (0.51%) Docker
3 1 (0.51%) VMware ESX
3 1 (0.51%) VMware Infrastructure
3 1 (0.51%) NFS
Systems Management
1 4 (2.03%) Puppet
2 3 (1.52%) Opscode Chef
2 3 (1.52%) Tivoli
2 3 (1.52%) HP Operations Orchestration
3 1 (0.51%) WMI
3 1 (0.51%) Ansible
Vendors
1 9 (4.57%) Oracle
1 9 (4.57%) Sybase
2 7 (3.55%) Fidessa
3 5 (2.54%) Murex
3 5 (2.54%) Calypso
3 5 (2.54%) Red Hat
4 3 (1.52%) Veritas
4 3 (1.52%) HP
4 3 (1.52%) EMC
4 3 (1.52%) Bloomberg
5 2 (1.02%) Charles River
5 2 (1.02%) Infragistics
5 2 (1.02%) Perforce
6 1 (0.51%) VMware
6 1 (0.51%) DataSynapse
6 1 (0.51%) Portware
6 1 (0.51%) 3PAR
6 1 (0.51%) Solace
6 1 (0.51%) Cognizant
6 1 (0.51%) Microsoft
City, London
McGregor Boyall
Rate: £650 - £800 per day
Posted: 12 hours ago
City of London
Huxley Banking & Financial Services
Rate: £450 - £550 per day
Posted: 2 days ago
London
TEKsystems
Rate: £600 - £700 per day
Posted: 2 days ago
London
iKonnect
Rate: £500 - £600 per day
Posted: 3 days ago
London
Pioneer Search
Rate: £700 - £850 per day
Posted: 3 days ago