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 30 July 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
30 Jul 2016
Same period 2015 Same period 2014
Algo Trading
Rank 370 335 339
Rank change year-on-year
-35 +4
Contract jobs citing Algorithmic Trading 66 99 91
As % of all contract IT jobs located in London 0.30% 0.42% 0.39%
As % of the Processes & Methodologies category 0.35% 0.51% 0.47%
Number of daily rates quoted 61 85 79
Median daily rate £625 £675 £650
Median daily rate % change year-on-year
-7.40% +3.84%
90% offered a daily rate of more than £575 £466 £523
10% offered a daily rate of more than £700 £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
18896 19267 19243
As % of all contract IT jobs located in London 85.36% 81.83% 81.52%
Number of daily rates quoted 13645 13761 13461
Median daily rate £475 £450 £440
Median daily rate % change year-on-year
+5.55% +2.27%
90% offered a daily rate of more than £325 £305 £300
10% offered a daily rate of more than £625 £625 £600
UK excluding London median daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 140 228 234
Median hourly rate £25.69 £21.60 £20.50
Median hourly rate % change year-on-year
+18.96% +5.34%
90% offered a hourly rate of more than £12.50 £13.00 £14.00
10% offered a hourly rate of more than £50.25 £70.00 £53.50
UK excluding London median hourly rate £30.00 £30.50 £26.50
% change year-on-year
-1.63% +15.09%

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 30 July 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 30 July 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 +28 15 £600 -17.24% 10
Algorithmic Trading
England

Algorithmic Trading
Top 30 Related IT Skills in London

For the 6 months to 30 July 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.

1 103 (66.45%) Low Latency
2 95 (61.29%) Front Office
3 85 (54.84%) Foreign Exchange (FX)
4 81 (52.26%) Multithreading
5 62 (40.00%) C++
6 59 (38.06%) Electronic Trading
6 59 (38.06%) Market Making
7 56 (36.13%) FIX Protocol
8 53 (34.19%) C#
9 51 (32.90%) Banking
10 47 (30.32%) Java
11 44 (28.39%) Risk Management
11 44 (28.39%) Analytical Skills
12 40 (25.81%) Unix
13 38 (24.52%) WPF
14 35 (22.58%) Linux
14 35 (22.58%) WinForms
14 35 (22.58%) Performance Optimisation
15 34 (21.94%) Investment Banking
16 30 (19.35%) Finance
17 29 (18.71%) Equities
17 29 (18.71%) Agile Software Development
18 26 (16.77%) SQL
19 23 (14.84%) KDB
19 23 (14.84%) Analytics
20 20 (12.90%) Oracle
20 20 (12.90%) SQL Server
21 19 (12.26%) Degree
21 19 (12.26%) Algorithms
22 17 (10.97%) OO

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 5 (3.23%) Confluence
2 2 (1.29%) Apache
2 2 (1.29%) Apache Spark
3 1 (0.65%) Oracle Coherence
3 1 (0.65%) SharePoint
Applications
1 2 (1.29%) MS Excel
Business Applications
1 6 (3.87%) Summit
2 1 (0.65%) ION MarketView
2 1 (0.65%) Oracle Procure-to-Pay
2 1 (0.65%) RMDS
Communications & Networking
1 7 (4.52%) TCP/IP
2 2 (1.29%) Firewall
3 1 (0.65%) BGP
3 1 (0.65%) HTTP
3 1 (0.65%) LAN
3 1 (0.65%) SNMP
Database & Business Intelligence
1 23 (14.84%) KDB
2 20 (12.90%) SQL Server
3 5 (3.23%) DB2
4 4 (2.58%) Relational Database
4 4 (2.58%) SQL Server 2014
5 2 (1.29%) Big Data
5 2 (1.29%) MongoDB
5 2 (1.29%) NoSQL
6 1 (0.65%) Data Mining
6 1 (0.65%) Data Warehouse
6 1 (0.65%) DTS
6 1 (0.65%) SQL Server 2000
6 1 (0.65%) SQL Server 2005
6 1 (0.65%) SQL Server 2008
6 1 (0.65%) SQL Server 2012
6 1 (0.65%) SQL Server Integration Services
6 1 (0.65%) Tick Data
Development Applications
1 7 (4.52%) Subversion
2 6 (3.87%) JIRA
2 6 (3.87%) NUnit
3 5 (3.23%) GDB
3 5 (3.23%) TeamCity
3 5 (3.23%) Visual Studio
4 4 (2.58%) Git (software)
4 4 (2.58%) Jasmine
4 4 (2.58%) Jenkins
4 4 (2.58%) JSUnit
4 4 (2.58%) Mocha
4 4 (2.58%) Moq
4 4 (2.58%) QUnit
4 4 (2.58%) Rhino Mocks
4 4 (2.58%) Sinon.JS
5 3 (1.94%) HP UFT
5 3 (1.94%) Selenium
6 2 (1.29%) Ant
6 2 (1.29%) Gerrit
6 2 (1.29%) Toad
General
1 95 (61.29%) Front Office
2 51 (32.90%) Banking
3 34 (21.94%) Investment Banking
4 30 (19.35%) Finance
5 11 (7.10%) Back Office
Job Titles
1 109 (70.32%) Developer
2 44 (28.39%) C# Developer
3 31 (20.00%) Java Developer
4 27 (17.42%) C++ Developer
5 18 (11.61%) Analyst
6 12 (7.74%) Electronic Trading Developer
7 11 (7.10%) C++/C# Developer
8 10 (6.45%) Banking Analyst
9 9 (5.81%) Business Analyst
10 7 (4.52%) Electronic Trading C++ Developer
10 7 (4.52%) Low Latency C++ Developer
10 7 (4.52%) Senior Developer
10 7 (4.52%) Senior Java Developer
11 6 (3.87%) FX Support Analyst
11 6 (3.87%) Investment Banking Business Analyst
11 6 (3.87%) Regulatory Business Analyst
11 6 (3.87%) Regulatory Reporting Business Analyst
11 6 (3.87%) Report Analyst
11 6 (3.87%) Support Analyst
12 5 (3.23%) .NET Developer
Libraries, Frameworks & Software Standards
1 56 (36.13%) FIX Protocol
2 38 (24.52%) WPF
3 35 (22.58%) WinForms
4 17 (10.97%) .NET
5 13 (8.39%) Middleware
6 11 (7.10%) HTML
7 10 (6.45%) HTML5
8 9 (5.81%) AngularJS
9 7 (4.52%) Node.js
9 7 (4.52%) STL
10 6 (3.87%) ASP.NET Web API
10 6 (3.87%) CSS
10 6 (3.87%) CSS3
10 6 (3.87%) jQuery
10 6 (3.87%) KnockoutJS
10 6 (3.87%) LESS
10 6 (3.87%) RequireJS
10 6 (3.87%) Sass
11 5 (3.23%) ASP.NET MVC 4
11 5 (3.23%) Boost C++ Libraries
Miscellaneous
1 85 (54.84%) Foreign Exchange (FX)
2 44 (28.39%) Analytical Skills
3 29 (18.71%) Equities
4 19 (12.26%) Algorithms
5 15 (9.68%) Fixed Income
6 11 (7.10%) Data Structures
7 10 (6.45%) Hedge funds
8 9 (5.81%) Computer Science
8 9 (5.81%) Fintech
9 8 (5.16%) Derivative
9 8 (5.16%) N-Tier
10 6 (3.87%) Equity Derivative
10 6 (3.87%) Market Risk
10 6 (3.87%) Visualisation
11 3 (1.94%) Clustering
11 3 (1.94%) Credit Risk
12 2 (1.29%) Inversion of Control
13 1 (0.65%) Mathematics
13 1 (0.65%) Physics
13 1 (0.65%) Reference Data
Operating Systems
1 40 (25.81%) Unix
2 35 (22.58%) Linux
3 8 (5.16%) AIX
3 8 (5.16%) Red Hat Enterprise Linux
3 8 (5.16%) Solaris
4 7 (4.52%) SUSE Linux Enterprise Server
5 6 (3.87%) Windows
6 1 (0.65%) Oracle Linux
6 1 (0.65%) SUSE
6 1 (0.65%) Windows Server
6 1 (0.65%) Windows Server 2008
6 1 (0.65%) Windows Server 2012
Processes & Methodologies
1 103 (66.45%) Low Latency
2 81 (52.26%) Multithreading
3 59 (38.06%) Electronic Trading
3 59 (38.06%) Market Making
4 44 (28.39%) Risk Management
5 35 (22.58%) Performance Optimisation
6 29 (18.71%) Agile Software Development
7 23 (14.84%) Analytics
8 17 (10.97%) OO
9 15 (9.68%) Data Management
9 15 (9.68%) FX Algorithmic Trading
10 10 (6.45%) OOD
11 9 (5.81%) ITIL
12 8 (5.16%) High Availability
13 7 (4.52%) Continuous Improvement
13 7 (4.52%) SDLC
13 7 (4.52%) Unit Testing
14 6 (3.87%) Build Automation
14 6 (3.87%) MVC
15 5 (3.23%) ITSM
Programming Languages
1 62 (40.00%) C++
2 53 (34.19%) C#
3 47 (30.32%) Java
4 26 (16.77%) SQL
5 12 (7.74%) Perl
5 12 (7.74%) Python
5 12 (7.74%) Shell Script
6 10 (6.45%) JavaScript
7 5 (3.23%) PowerShell
8 3 (1.94%) Bash Shell
9 2 (1.29%) ES6
9 2 (1.29%) Ruby
9 2 (1.29%) Scala
10 1 (0.65%) C
10 1 (0.65%) PHP
10 1 (0.65%) T-SQL
10 1 (0.65%) VBA
10 1 (0.65%) VBScript
10 1 (0.65%) XAML
Qualifications
1 19 (12.26%) Degree
2 13 (8.39%) PhD
3 3 (1.94%) ISEB
3 3 (1.94%) ISTQB
4 1 (0.65%) PMP
Quality Assurance & Compliance
1 8 (5.16%) MiFID
2 6 (3.87%) AIFMD
2 6 (3.87%) EMIR
2 6 (3.87%) QA
3 1 (0.65%) Data Quality
System Software
1 2 (1.29%) Veritas Cluster Server
2 1 (0.65%) Hyper-V
2 1 (0.65%) VMware Infrastructure
Systems Management
1 4 (2.58%) ITRS Geneos
2 1 (0.65%) Failover Clustering
2 1 (0.65%) Puppet
2 1 (0.65%) Thomson Reuters DACS
2 1 (0.65%) Tivoli
Vendors
1 20 (12.90%) Oracle
2 11 (7.10%) Sybase
3 6 (3.87%) Calypso
3 6 (3.87%) Murex
3 6 (3.87%) Solace
4 5 (3.23%) Splunk
5 4 (2.58%) Fidessa
6 3 (1.94%) TIBCO
7 2 (1.29%) Infragistics
7 2 (1.29%) Microsoft
7 2 (1.29%) Syncfusion
7 2 (1.29%) Veritas
8 1 (0.65%) BT
8 1 (0.65%) EMC
8 1 (0.65%) HP
8 1 (0.65%) ION Trading
8 1 (0.65%) Radianz
8 1 (0.65%) Red Hat
8 1 (0.65%) Reuters
8 1 (0.65%) VMware
London
TEKsystems
Rate: £650 - £750 per day
Posted: 5 days ago
City, London
McGregor Boyall
Rate: £300 - £450 per week + depending experience
Posted: 2 days ago