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 29 May 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
29 May 2015
Same period 2014 Same period 2013
Algo Trading
Rank 299 351 322
Rank change year-on-year
+52 -29
Contract jobs citing Algorithmic Trading 103 54 78
As % of all contract IT jobs located in London 0.47% 0.24% 0.35%
As % of the Processes & Methodologies category 0.60% 0.30% 0.45%
Number of daily rates quoted 72 47 60
Average daily rate
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of your Daily Rate
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£625 £650 £575
Average daily rate % change year-on-year
-3.84% +13.04%
90% offered a daily rate of more than £500 £500 £450
10% offered a daily rate of more than £750 £738 £700
UK excluding London average daily rate £650 - -
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
17230 17814 17352
As % of all contract IT jobs located in London 78.57% 78.18% 78.47%
Number of daily rates quoted 12157 12792 11934
Average daily rate £450 £435 £450
Average daily rate % change year-on-year
+3.56% -3.44%
90% offered a daily rate of more than £313 £300 £300
10% offered a daily rate of more than £625 £600 £600
UK excluding London average daily rate £388 £375 £365
% change year-on-year
+3.33% +2.73%
Number of hourly rates quoted 247 230 270
Average hourly rate £21.30 £21.00 £33.50
Average hourly rate % change year-on-year
+1.42% -37.31%
90% offered a hourly rate of more than £11.00 £12.65 £14.34
10% offered a hourly rate of more than £80.00 £50.00 £61.50
UK excluding London average hourly rate £30.00 £30.00 £32.00
% change year-on-year
- -6.25%

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 29 May 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 29 May 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 +17 20 £575 -11.53% 17
Docklands, London -1 1 £575 +12.19%
Canary Wharf - 1 £450 -
Algorithmic Trading
England

Algorithmic Trading
Top 30 Related IT Skills in London

For the 6 months to 29 May 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.

1 103 (57.87%) Low Latency
2 85 (47.75%) Front Office
3 76 (42.70%) Java
4 69 (38.76%) Multithreading
5 68 (38.20%) Finance
6 65 (36.52%) Banking
7 64 (35.96%) Foreign Exchange (FX)
7 64 (35.96%) FIX Protocol
8 63 (35.39%) Equities
9 54 (30.34%) C++
10 48 (26.97%) Linux
11 47 (26.40%) UNIX
12 44 (24.72%) Investment Banking
13 38 (21.35%) Agile Software Development
14 32 (17.98%) Algorithms
15 30 (16.85%) SQL
16 29 (16.29%) Electronic Trading
17 28 (15.73%) KDB
18 27 (15.17%) TDD
19 26 (14.61%) Risk Management
19 26 (14.61%) OO
20 25 (14.04%) Perl
20 25 (14.04%) Derivative
21 23 (12.92%) Python
22 20 (11.24%) C#
23 19 (10.67%) Mathematics
24 18 (10.11%) Degree
24 18 (10.11%) Middleware
25 17 (9.55%) Software Engineering
25 17 (9.55%) Fixed Income

Algorithmic Trading
Top Related IT Skills in London by Category

For the 6 months to 29 May 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 (0.56%) MS Exchange
Applications
1 2 (1.12%) MS Excel
2 1 (0.56%) MS Office
Business Applications
1 1 (0.56%) RMDS
Communications & Networking
1 7 (3.93%) TCP/IP
2 4 (2.25%) Multicast
3 1 (0.56%) NAS
3 1 (0.56%) iSCSI
3 1 (0.56%) Internet
3 1 (0.56%) DNS
3 1 (0.56%) DHCP
3 1 (0.56%) HTTP
3 1 (0.56%) SAN
Database & Business Intelligence
1 28 (15.73%) KDB
2 5 (2.81%) SQL Server
3 3 (1.69%) Relational Database
Development Applications
1 8 (4.49%) Eclipse
1 8 (4.49%) Subversion
2 3 (1.69%) Jenkins
2 3 (1.69%) Maven
3 1 (0.56%) Rhino Mocks
3 1 (0.56%) NMock
3 1 (0.56%) NUnit
General
1 85 (47.75%) Front Office
2 68 (38.20%) Finance
3 65 (36.52%) Banking
4 44 (24.72%) Investment Banking
5 3 (1.69%) Marketing
5 3 (1.69%) Financial Institution
6 2 (1.12%) Back Office
7 1 (0.56%) Mandarin Language
7 1 (0.56%) Retail Banking
7 1 (0.56%) Corporate Banking
7 1 (0.56%) Retail
7 1 (0.56%) Advertising
Job Titles
1 122 (68.54%) Developer
2 66 (37.08%) Java Developer
3 34 (19.10%) C++ Developer
3 34 (19.10%) Analyst
4 26 (14.61%) Senior Developer
5 21 (11.80%) Senior Java Developer
6 18 (10.11%) Support Analyst
7 11 (6.18%) FIX Analyst
7 11 (6.18%) C# Developer
8 9 (5.06%) Business Analyst
9 8 (4.49%) Applications Support
10 5 (2.81%) WPF Developer
11 4 (2.25%) Applications Support Analyst
11 4 (2.25%) Python Developer
11 4 (2.25%) Senior WPF Developer
12 3 (1.69%) Java Architect
12 3 (1.69%) Senior Java Architect
12 3 (1.69%) Banking Business Analyst
12 3 (1.69%) C++/Java Developer
12 3 (1.69%) Senior Architect
Libraries, Frameworks & Software Standards
1 64 (35.96%) FIX Protocol
2 18 (10.11%) Middleware
3 13 (7.30%) WPF
4 7 (3.93%) J2SE
5 6 (3.37%) STL
5 6 (3.37%) .NET
5 6 (3.37%) Boost C++ Libraries
5 6 (3.37%) Reactive Extensions
6 5 (2.81%) LINQ
7 4 (2.25%) Spring
7 4 (2.25%) WinForms
8 3 (1.69%) AngularJS
9 2 (1.12%) HTML
9 2 (1.12%) HTML5
9 2 (1.12%) Silverlight
10 1 (0.56%) Regular Expression
10 1 (0.56%) WCF
10 1 (0.56%) Ninject
10 1 (0.56%) Ultra Messaging
10 1 (0.56%) Swing
Miscellaneous
1 64 (35.96%) Foreign Exchange (FX)
2 63 (35.39%) Equities
3 32 (17.98%) Algorithms
4 25 (14.04%) Derivative
5 19 (10.67%) Mathematics
6 17 (9.55%) Fixed Income
7 10 (5.62%) Data Structures
8 8 (4.49%) Equity Derivative
8 8 (4.49%) Analytical Skills
8 8 (4.49%) Hedge funds
8 8 (4.49%) Physics
9 6 (3.37%) Clustering
9 6 (3.37%) Computer Science
10 5 (2.81%) Management Information System
11 4 (2.25%) Visualisation
11 4 (2.25%) VWAP
11 4 (2.25%) SCADA
11 4 (2.25%) TWAP
12 3 (1.69%) Tandem
12 3 (1.69%) Field-Programmable Gate Array
Operating Systems
1 48 (26.97%) Linux
2 47 (26.40%) UNIX
3 9 (5.06%) Windows
4 7 (3.93%) Red Hat Enterprise Linux
5 6 (3.37%) AIX
5 6 (3.37%) Solaris
5 6 (3.37%) SUSE
5 6 (3.37%) SUSE Linux Enterprise Server
6 5 (2.81%) Oracle Linux
7 1 (0.56%) Windows Server 2012
7 1 (0.56%) Windows 7
7 1 (0.56%) Windows Server 2008
Processes & Methodologies
1 103 (57.87%) Low Latency
2 69 (38.76%) Multithreading
3 38 (21.35%) Agile Software Development
4 29 (16.29%) Electronic Trading
5 27 (15.17%) TDD
6 26 (14.61%) Risk Management
6 26 (14.61%) OO
7 17 (9.55%) Software Engineering
8 14 (7.87%) FX Algorithmic Trading
9 13 (7.30%) Market Making
10 11 (6.18%) Garbage Collection
11 8 (4.49%) Stakeholder Engagement
12 7 (3.93%) Operations Research
12 7 (3.93%) Configuration Management
13 6 (3.37%) UML
13 6 (3.37%) Project Management
13 6 (3.37%) Financial Modelling
13 6 (3.37%) Open Source
13 6 (3.37%) Continuous Integration
13 6 (3.37%) Concurrent Programming
Programming Languages
1 76 (42.70%) Java
2 54 (30.34%) C++
3 30 (16.85%) SQL
4 25 (14.04%) Perl
5 23 (12.92%) Python
6 20 (11.24%) C#
7 8 (4.49%) Shell Script
8 6 (3.37%) Ruby
9 5 (2.81%) C
10 4 (2.25%) JavaScript
11 3 (1.69%) PowerShell
12 2 (1.12%) VB
12 2 (1.12%) AWK
12 2 (1.12%) Scala
13 1 (0.56%) C-shell
13 1 (0.56%) XAML
13 1 (0.56%) VBScript
13 1 (0.56%) Tcl
Qualifications
1 18 (10.11%) Degree
2 2 (1.12%) PhD
Quality Assurance & Compliance
1 4 (2.25%) QA
System Software
1 6 (3.37%) Veritas Cluster Server
2 3 (1.69%) Active Directory
3 1 (0.56%) VMware Infrastructure
3 1 (0.56%) VMware ESX
3 1 (0.56%) NFS
Systems Management
1 6 (3.37%) HP Operations Orchestration
1 6 (3.37%) Puppet
1 6 (3.37%) Opscode Chef
2 1 (0.56%) WMI
Vendors
1 8 (4.49%) Oracle
1 8 (4.49%) Sybase
2 6 (3.37%) Red Hat
2 6 (3.37%) HP
2 6 (3.37%) EMC
2 6 (3.37%) Veritas
2 6 (3.37%) ION Trading
3 4 (2.25%) Solace
4 3 (1.69%) Portware
4 3 (1.69%) Fidessa
4 3 (1.69%) Microsoft
4 3 (1.69%) TIBCO
5 2 (1.12%) Infragistics
5 2 (1.12%) Perforce
6 1 (0.56%) 3PAR
6 1 (0.56%) VMware
6 1 (0.56%) NYFIX
6 1 (0.56%) Sun
6 1 (0.56%) IBM
6 1 (0.56%) Cognizant
City, London
Harrington Starr
Rate: £700 per day
Posted: 21 hours ago
London
Hatstand Limited
Rate: £450 - £550 per day
Posted: Yesterday
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Pioneer Search
Rate: £700 - £800 per day
Posted: 2 days ago
City of London
Real Staffing
Rate: £650 - £700 per day
Posted: 3 days ago
City, London
TEKsystems
Rate: £700 - £800 per day
Posted: 4 days ago
City, London
McGregor Boyall
Rate: £650 - £800 per day
Posted: 4 days ago
City of London
Hays IT - Uk Posting account
Rate: £600.00 - £650.00 per day
Posted: 17 days ago