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 3 December 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
3 Dec 2016
Same period 2015 Same period 2014
Algo Trading
Rank 363 297 302
Rank change year-on-year
-66 +5
Contract jobs citing Algorithmic Trading 73 130 125
As % of all contract IT jobs located in London 0.34% 0.58% 0.52%
As % of the Processes & Methodologies category 0.40% 0.69% 0.64%
Number of daily rates quoted 58 106 107
Median daily rate £650 £650 £650
90% offered a daily rate of more than £451 £531 £550
10% offered a daily rate of more than £800 £750 £725
UK excluding London median daily rate - £600 -
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
18121 18873 19441
As % of all contract IT jobs located in London 84.86% 83.49% 80.83%
Number of daily rates quoted 13026 13477 14336
Median daily rate £476 £463 £450
Median daily rate % change year-on-year
+2.81% +2.77%
90% offered a daily rate of more than £338 £325 £300
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £413 £400 £385
% change year-on-year
+3.12% +3.89%
Number of hourly rates quoted 195 233 252
Median hourly rate £27.50 £22.50 £22.50
Median hourly rate % change year-on-year
+22.22% -
90% offered a hourly rate of more than £13.50 £12.50 £11.50
10% offered a hourly rate of more than £50.00 £50.00 £53.50
UK excluding London median hourly rate £31.00 £34.95 £25.00
% change year-on-year
-11.30% +39.80%

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 3 December 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 3 December 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 10 £700 +7.69% 11
Canary Wharf +4 1 - -
Docklands, London -2 1 £675 +42.10%
Algorithmic Trading
England

Algorithmic Trading
Top 30 Related IT Skills in London

For the 6 months to 3 December 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 91 (56.52%) Electronic Trading
2 90 (55.90%) Low Latency
3 80 (49.69%) Front Office
4 78 (48.45%) Foreign Exchange (FX)
5 71 (44.10%) Banking
6 68 (42.24%) Multithreading
7 60 (37.27%) SQL
8 57 (35.40%) Finance
9 54 (33.54%) Unix
10 43 (26.71%) C#
11 42 (26.09%) C++
12 41 (25.47%) Investment Banking
13 40 (24.84%) Linux
14 39 (24.22%) Risk Management
15 36 (22.36%) FIX Protocol
15 36 (22.36%) Multithreaded Programming
16 34 (21.12%) Java
17 33 (20.50%) Agile Software Development
18 28 (17.39%) Market Making
19 27 (16.77%) Oracle
20 25 (15.53%) .NET
20 25 (15.53%) Algorithms
21 24 (14.91%) STL
21 24 (14.91%) Degree
21 24 (14.91%) Boost C++ Libraries
22 22 (13.66%) AngularJS
22 22 (13.66%) JavaScript
22 22 (13.66%) Solaris
22 22 (13.66%) Middleware
23 21 (13.04%) Equities

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 2 (1.24%) Confluence
Applications
1 3 (1.86%) MS Excel
2 1 (0.62%) Doxygen
2 1 (0.62%) LaTeX
Business Applications
1 10 (6.21%) RMDS
2 4 (2.48%) Summit
Communications & Networking
1 16 (9.94%) TCP/IP
2 3 (1.86%) Multicast
3 1 (0.62%) DHCP
3 1 (0.62%) DNS
3 1 (0.62%) Ethernet
3 1 (0.62%) FTP
3 1 (0.62%) IGMP
3 1 (0.62%) InfiniBand
3 1 (0.62%) Internet
3 1 (0.62%) SSH
Database & Business Intelligence
1 18 (11.18%) SQL Server
2 11 (6.83%) KDB
3 6 (3.73%) MongoDB
4 4 (2.48%) Kdb+
4 4 (2.48%) MySQL
4 4 (2.48%) PostgreSQL
4 4 (2.48%) Relational Database
5 3 (1.86%) DB2
6 2 (1.24%) NoSQL
7 1 (0.62%) SQL Server Integration Services
7 1 (0.62%) SQL Server Reporting Services
7 1 (0.62%) Tick Data
Development Applications
1 8 (4.97%) NUnit
2 7 (4.35%) JIRA
3 5 (3.11%) CasperJS
3 5 (3.11%) HP UFT
3 5 (3.11%) Selenium
4 3 (1.86%) Subversion
4 3 (1.86%) TeamCity
4 3 (1.86%) Visual Studio
5 2 (1.24%) Gerrit
5 2 (1.24%) Git (software)
5 2 (1.24%) Grunt
5 2 (1.24%) Jasmine
5 2 (1.24%) Jenkins
5 2 (1.24%) JSUnit
5 2 (1.24%) Mocha
5 2 (1.24%) Moq
5 2 (1.24%) QUnit
5 2 (1.24%) Rhino Mocks
5 2 (1.24%) SpecFlow
5 2 (1.24%) Toad
General
1 80 (49.69%) Front Office
2 71 (44.10%) Banking
3 57 (35.40%) Finance
4 41 (25.47%) Investment Banking
5 7 (4.35%) Back Office
6 5 (3.11%) Financial Institution
7 2 (1.24%) Corporate Banking
8 1 (0.62%) Advertising
8 1 (0.62%) Japanese Language
8 1 (0.62%) Prime Brokerage
8 1 (0.62%) Retail
Job Titles
1 108 (67.08%) Developer
2 33 (20.50%) C# Developer
3 29 (18.01%) C++ Developer
4 27 (16.77%) Algorithmic Trading Developer
5 23 (14.29%) Electronic Trading Developer
5 23 (14.29%) Java Developer
6 19 (11.80%) Analyst
7 11 (6.83%) Support Analyst
8 10 (6.21%) 1st/2nd Line Support
8 10 (6.21%) 1st/2nd Line Support Analyst
8 10 (6.21%) 2nd Line Support
8 10 (6.21%) C# Developer - Algorithmic Trading
8 10 (6.21%) C# Developer - Electronic Trading
8 10 (6.21%) Electronic Trading Support
8 10 (6.21%) Senior Developer
8 10 (6.21%) Senior Java Developer
8 10 (6.21%) SQL Analyst
8 10 (6.21%) SQL Support Analyst
8 10 (6.21%) Unix Analyst
8 10 (6.21%) Unix Support Analyst
Libraries, Frameworks & Software Standards
1 36 (22.36%) FIX Protocol
2 25 (15.53%) .NET
3 24 (14.91%) Boost C++ Libraries
3 24 (14.91%) STL
4 22 (13.66%) AngularJS
4 22 (13.66%) Middleware
5 19 (11.80%) HTML
5 19 (11.80%) HTML5
6 17 (10.56%) WPF
7 14 (8.70%) Node.js
7 14 (8.70%) WinForms
8 12 (7.45%) Rendezvous
9 11 (6.83%) CSS
9 11 (6.83%) CSS3
10 7 (4.35%) Swing
11 6 (3.73%) React
12 5 (3.11%) ASP.NET Web API
12 5 (3.11%) KnockoutJS
12 5 (3.11%) Reactive Extensions
12 5 (3.11%) RequireJS
Miscellaneous
1 78 (48.45%) Foreign Exchange (FX)
2 25 (15.53%) Algorithms
3 21 (13.04%) Equities
4 16 (9.94%) Analytical Skills
4 16 (9.94%) Fixed Income
5 14 (8.70%) Computer Science
5 14 (8.70%) Derivative
6 11 (6.83%) N-Tier
7 10 (6.21%) TWAP
7 10 (6.21%) VWAP
8 9 (5.59%) Visualisation
9 8 (4.97%) Equity Derivative
10 7 (4.35%) Fintech
11 5 (3.11%) Mathematics
12 4 (2.48%) SCADA
13 3 (1.86%) Clustering
13 3 (1.86%) Economics
13 3 (1.86%) Statistics
14 2 (1.24%) Credit Derivative
14 2 (1.24%) Field-Programmable Gate Array
Operating Systems
1 54 (33.54%) Unix
2 40 (24.84%) Linux
3 22 (13.66%) Solaris
4 13 (8.07%) Red Hat Enterprise Linux
4 13 (8.07%) SUSE Linux Enterprise Server
4 13 (8.07%) Windows
5 12 (7.45%) AIX
6 3 (1.86%) SUSE
Processes & Methodologies
1 91 (56.52%) Electronic Trading
2 90 (55.90%) Low Latency
3 68 (42.24%) Multithreading
4 39 (24.22%) Risk Management
5 36 (22.36%) Multithreaded Programming
6 33 (20.50%) Agile Software Development
7 28 (17.39%) Market Making
8 19 (11.80%) E-Commerce
9 18 (11.18%) High-Frequency Trading
10 15 (9.32%) Performance Optimisation
11 12 (7.45%) High Availability
12 11 (6.83%) Build Automation
12 11 (6.83%) Data Management
12 11 (6.83%) TDD
13 10 (6.21%) Continuous Integration
14 9 (5.59%) ITIL
14 9 (5.59%) OO
15 8 (4.97%) BDD
15 8 (4.97%) ITSM
15 8 (4.97%) Scrum
Programming Languages
1 60 (37.27%) SQL
2 43 (26.71%) C#
3 42 (26.09%) C++
4 34 (21.12%) Java
5 22 (13.66%) JavaScript
6 17 (10.56%) Python
7 6 (3.73%) MATLAB
7 6 (3.73%) Scala
8 5 (3.11%) R
9 4 (2.48%) Perl
10 3 (1.86%) Ruby
10 3 (1.86%) XAML
11 2 (1.24%) Bash Shell
11 2 (1.24%) ES6
11 2 (1.24%) PowerShell
12 1 (0.62%) Shell Script
12 1 (0.62%) Tcl
12 1 (0.62%) VBA
Qualifications
1 24 (14.91%) Degree
2 5 (3.11%) PhD
3 4 (2.48%) ISEB
3 4 (2.48%) ISTQB
4 2 (1.24%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 15 (9.32%) MiFID
2 9 (5.59%) QA
3 4 (2.48%) EMIR
3 4 (2.48%) FATCA
4 3 (1.86%) SDET
System Software
1 3 (1.86%) Veritas Cluster Server
2 1 (0.62%) NFS
Systems Management
1 3 (1.86%) ITRS Geneos
1 3 (1.86%) Puppet
2 2 (1.24%) HP Quality Center
Vendors
1 27 (16.77%) Oracle
2 15 (9.32%) TIBCO
3 12 (7.45%) Reuters
4 11 (6.83%) Currenex
4 11 (6.83%) FXall
4 11 (6.83%) Solace
5 7 (4.35%) Cognizant
6 6 (3.73%) Fidessa
6 6 (3.73%) Sybase
7 5 (3.11%) Sun
8 4 (2.48%) Calypso
8 4 (2.48%) IBM
9 3 (1.86%) EMC
9 3 (1.86%) Microsoft
9 3 (1.86%) Talarian
9 3 (1.86%) Veritas
10 2 (1.24%) Infragistics
10 2 (1.24%) Syncfusion
11 1 (0.62%) ION Trading
11 1 (0.62%) Portware
London
Scott-Merrick LLP
Rate: Market rates
Posted: Yesterday
London
McGregor Boyall
Rate: £800 - £1000 per day
Posted: Yesterday
London
Cititec Associates Limited
Rate: £800 - £850 per day
Posted: Yesterday
London
Elevate Direct
Rate: From £450 to £495 per day
Posted: 5 days ago