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 19 December 2014 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
19 Dec 2014
Same period 2013 Same period 2012
Algorithmic Trading
Rank 321 349 332
Rank change year-on-year
+28 -17
Contract jobs citing Algorithmic Trading 88 75 49
As % of all contract IT jobs located in London 0.38% 0.31% 0.23%
As % of the Processes & Methodologies category 0.49% 0.40% 0.30%
Number of daily rates quoted 73 64 44
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£650 £575 £600
Average daily rate % change year-on-year
+13.04% -4.16%
90% offered a daily rate of more than £480 £400 £325
10% offered a daily rate of more than £675 £700 £675
UK excluding London average daily rate £475 - -
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
17875 18829 16333
As % of all contract IT jobs located in London 77.53% 77.63% 76.34%
Number of daily rates quoted 13142 13090 11224
Average daily rate £450 £450 £450
90% offered a daily rate of more than £310 £300 £300
10% offered a daily rate of more than £613 £600 £600
UK excluding London average daily rate £388 £365 £365
% change year-on-year
+6.16% -
Number of hourly rates quoted 209 231 320
Average hourly rate £20.50 £23.50 £27.00
Average hourly rate % change year-on-year
-12.76% -12.96%
90% offered a hourly rate of more than £11.00 £13.50 £13.41
10% offered a hourly rate of more than £52.50 £76.50 £53.38
UK excluding London average hourly rate £25.00 £27.00 £30.00
% change year-on-year
-7.40% -10.00%

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 19 December 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 19 December 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 +22 33 £650 +18.18% 8
Algorithmic Trading
England

Algorithmic Trading
Top 30 Related IT Skills in London

For the 6 months to 19 December 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.

1 168 (76.02%) Low Latency
2 161 (72.85%) Multithreading
3 156 (70.59%) Foreign Exchange (FX)
4 149 (67.42%) Java
5 122 (55.20%) Front Office
6 84 (38.01%) Banking
7 56 (25.34%) Finance
8 52 (23.53%) Analytical Skills
9 50 (22.62%) SQL
10 45 (20.36%) C#
11 44 (19.91%) Linux
12 42 (19.00%) Investment Banking
13 41 (18.55%) Agile Software Development
13 41 (18.55%) C++
14 40 (18.10%) FIX Protocol
15 38 (17.19%) UNIX
16 35 (15.84%) KDB
17 34 (15.38%) Performance Tuning
18 33 (14.93%) Equities
19 30 (13.57%) Algorithms
20 28 (12.67%) Degree
21 27 (12.22%) VWAP
21 27 (12.22%) TWAP
22 25 (11.31%) Middleware
23 21 (9.50%) Electronic Trading
24 20 (9.05%) Risk Management
24 20 (9.05%) Relational Database
25 19 (8.60%) Computer Science
26 18 (8.14%) Perl
27 17 (7.69%) Oracle

Algorithmic Trading
Top Related IT Skills in London by Category

For the 6 months to 19 December 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 8 (3.62%) Oracle Coherence
2 5 (2.26%) TIBCO EMS
Applications
1 1 (0.45%) MS Office
Business Applications
1 2 (0.90%) RMDS
Communications & Networking
1 6 (2.71%) Multicast
1 6 (2.71%) TCP/IP
2 2 (0.90%) Firewall
3 1 (0.45%) DNS
Database & Business Intelligence
1 35 (15.84%) KDB
2 20 (9.05%) Relational Database
3 4 (1.81%) SQL Server
4 2 (0.90%) Big Data
4 2 (0.90%) SQL Server 2012
Development Applications
1 3 (1.36%) Eclipse
2 2 (0.90%) Visual Studio Tools for Office
2 2 (0.90%) Visual Studio
3 1 (0.45%) Subversion
3 1 (0.45%) JUnit
General
1 122 (55.20%) Front Office
2 84 (38.01%) Banking
3 56 (25.34%) Finance
4 42 (19.00%) Investment Banking
5 6 (2.71%) Financial Institution
6 1 (0.45%) Law
6 1 (0.45%) Games
6 1 (0.45%) Back Office
Job Titles
1 157 (71.04%) Developer
2 97 (43.89%) Java Developer
3 21 (9.50%) C# Developer
4 17 (7.69%) C++ Developer
5 15 (6.79%) Senior Developer
6 14 (6.33%) Analyst
7 13 (5.88%) Senior Java Developer
8 8 (3.62%) Support Analyst
9 7 (3.17%) UNIX Engineer
10 6 (2.71%) WPF Developer
10 6 (2.71%) Business Analyst
10 6 (2.71%) Lead Developer
10 6 (2.71%) Quantitative Developer
11 4 (1.81%) Lead Java Developer
12 3 (1.36%) Python Developer
12 3 (1.36%) Infrastructure Engineer
12 3 (1.36%) Banking Business Analyst
13 2 (0.90%) Lead .NET Developer
13 2 (0.90%) Senior WPF Developer
13 2 (0.90%) FIX Analyst
Libraries, Frameworks & Software Standards
1 40 (18.10%) FIX Protocol
2 25 (11.31%) Middleware
3 13 (5.88%) STL
4 12 (5.43%) Boost C++ Libraries
5 11 (4.98%) WPF
6 10 (4.52%) Spring
7 9 (4.07%) JMS
7 9 (4.07%) Rendezvous
8 6 (2.71%) .NET
8 6 (2.71%) LINQ
9 3 (1.36%) HTML
9 3 (1.36%) HTML5
9 3 (1.36%) Reactive Extensions
10 2 (0.90%) Task Parallel Library
10 2 (0.90%) ADO.NET Entity Framework
10 2 (0.90%) ASP.NET Web API
10 2 (0.90%) Silverlight
10 2 (0.90%) .NET Framework
10 2 (0.90%) Java SE
11 1 (0.45%) WinForms
Miscellaneous
1 156 (70.59%) Foreign Exchange (FX)
2 52 (23.53%) Analytical Skills
3 33 (14.93%) Equities
4 30 (13.57%) Algorithms
5 27 (12.22%) VWAP
5 27 (12.22%) TWAP
6 19 (8.60%) Computer Science
7 17 (7.69%) Mathematics
8 13 (5.88%) Data Structures
9 11 (4.98%) Derivative
10 7 (3.17%) Fixed Income
11 6 (2.71%) Clustering
12 5 (2.26%) Management Information System
13 4 (1.81%) Physics
14 3 (1.36%) Credit Derivative
14 3 (1.36%) Hedge funds
15 2 (0.90%) Visualisation
15 2 (0.90%) Statistical Arbitrage
15 2 (0.90%) Equity Derivative
16 1 (0.45%) Credit Risk
Operating Systems
1 44 (19.91%) Linux
2 38 (17.19%) UNIX
3 10 (4.52%) Windows
3 10 (4.52%) Red Hat Enterprise Linux
4 7 (3.17%) Solaris
5 6 (2.71%) SUSE Linux Enterprise Server
5 6 (2.71%) AIX
5 6 (2.71%) SUSE
6 5 (2.26%) Oracle Linux
7 1 (0.45%) CentOS
Processes & Methodologies
1 168 (76.02%) Low Latency
2 161 (72.85%) Multithreading
3 41 (18.55%) Agile Software Development
4 34 (15.38%) Performance Tuning
5 21 (9.50%) Electronic Trading
6 20 (9.05%) Risk Management
7 14 (6.33%) OO
8 11 (4.98%) E-Commerce
9 10 (4.52%) Software Engineering
10 8 (3.62%) Operations Research
11 7 (3.17%) TDD
11 7 (3.17%) Project Management
11 7 (3.17%) Financial Modelling
11 7 (3.17%) Ultra-Low Latency
12 6 (2.71%) Market Making
12 6 (2.71%) Configuration Management
13 5 (2.26%) Numerical Analysis
13 5 (2.26%) Business Development
13 5 (2.26%) Service Management
13 5 (2.26%) ITSM
Programming Languages
1 149 (67.42%) Java
2 50 (22.62%) SQL
3 45 (20.36%) C#
4 41 (18.55%) C++
5 18 (8.14%) Perl
6 15 (6.79%) Python
7 6 (2.71%) Ruby
8 3 (1.36%) C
9 2 (0.90%) C-shell
9 2 (0.90%) T-SQL
9 2 (0.90%) Shell Script
10 1 (0.45%) Korn
10 1 (0.45%) AWK
10 1 (0.45%) XAML
10 1 (0.45%) VB
10 1 (0.45%) PowerShell
10 1 (0.45%) Bash Shell
Qualifications
1 28 (12.67%) Degree
2 5 (2.26%) PhD
Quality Assurance & Compliance
1 2 (0.90%) EMIR
1 2 (0.90%) Dodd-Frank
1 2 (0.90%) MiFID
2 1 (0.45%) QA
System Software
1 6 (2.71%) Veritas Cluster Server
2 2 (0.90%) Firmware
Systems Management
1 6 (2.71%) Opscode Chef
1 6 (2.71%) HP Operations Orchestration
1 6 (2.71%) Puppet
2 1 (0.45%) CFEngine
Vendors
1 17 (7.69%) Oracle
2 11 (4.98%) 29West
3 9 (4.07%) TIBCO
3 9 (4.07%) Informatica
4 7 (3.17%) Veritas
5 6 (2.71%) HP
5 6 (2.71%) EMC
5 6 (2.71%) Red Hat
6 5 (2.26%) IBM
7 4 (1.81%) StreamBase
7 4 (1.81%) Sybase
7 4 (1.81%) Infragistics
8 3 (1.36%) Bloomberg
9 2 (0.90%) Cisco
9 2 (0.90%) Microsoft
9 2 (0.90%) Perforce
9 2 (0.90%) ION Trading
10 1 (0.45%) Intel
10 1 (0.45%) Sun
City, London
TEKsystems
Rate: £650 per day
Posted: Yesterday
London
McGregor Boyall
Rate: £80000 - £110000 per annum + or £600pd
Posted: Yesterday
London
TEKsystems
Rate: £600 - £650 per annum
Posted: 4 days ago