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 30 October 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
30 Oct 2014
Same period 2013 Same period 2012
Algorithmic Trading
Rank 281 330 299
Rank change year-on-year
+49 -31
Contract jobs citing Algorithmic Trading 141 89 103
As % of all contract IT jobs located in London 0.57% 0.36% 0.43%
As % of the Processes & Methodologies category 0.74% 0.46% 0.57%
Number of daily rates quoted 130 72 72
Average daily rate
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£650 £563 £538
Average daily rate % change year-on-year
+15.55% +4.65%
90% offered a daily rate of more than £550 £400 £325
10% offered a daily rate of more than £700 £700 £675
UK excluding London average daily rate £425 - -
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
19008 19421 18043
As % of all contract IT jobs located in London 77.36% 77.81% 75.63%
Number of daily rates quoted 13881 13625 12368
Average daily rate £450 £450 £450
90% offered a daily rate of more than £301 £300 £300
10% offered a daily rate of more than £611 £600 £600
UK excluding London average daily rate £378 £363 £368
% change year-on-year
+4.13% -1.36%
Number of hourly rates quoted 246 238 294
Average hourly rate £22.50 £21.50 £31.00
Average hourly rate % change year-on-year
+4.65% -30.64%
90% offered a hourly rate of more than £12.00 £13.00 £13.50
10% offered a hourly rate of more than £53.50 £55.00 £51.50
UK excluding London average hourly rate £25.00 £27.50 £27.50
% change year-on-year
-9.09% -

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 30 October 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 30 October 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 +37 39 £650 +8.33% 7
Docklands, London - 3 £555 -
Algorithmic Trading
England

Algorithmic Trading
Top 30 Related IT Skills in London

For the 6 months to 30 October 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.

1 178 (77.39%) Multithreading
2 177 (76.96%) Low Latency
3 173 (75.22%) Foreign Exchange (FX)
4 155 (67.39%) Java
5 122 (53.04%) Front Office
6 95 (41.30%) Banking
7 66 (28.70%) Analytical Skills
8 63 (27.39%) SQL
9 54 (23.48%) FIX Protocol
10 52 (22.61%) C#
11 49 (21.30%) Finance
12 44 (19.13%) Linux
13 43 (18.70%) Investment Banking
14 42 (18.26%) C++
15 37 (16.09%) Performance Tuning
16 34 (14.78%) UNIX
17 33 (14.35%) Agile Software Development
17 33 (14.35%) Equities
18 32 (13.91%) Algorithms
18 32 (13.91%) Electronic Trading
19 30 (13.04%) VWAP
19 30 (13.04%) TWAP
20 28 (12.17%) Relational Database
20 28 (12.17%) Degree
21 27 (11.74%) KDB
22 25 (10.87%) Oracle
23 22 (9.57%) Computer Science
24 20 (8.70%) Risk Management
25 18 (7.83%) Oracle Coherence
25 18 (7.83%) Mathematics

Algorithmic Trading
Top Related IT Skills in London by Category

For the 6 months to 30 October 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 18 (7.83%) Oracle Coherence
2 3 (1.30%) TIBCO EMS
Applications
1 3 (1.30%) MS Office
Business Applications
1 4 (1.74%) RMDS
Communications & Networking
1 10 (4.35%) TCP/IP
2 8 (3.48%) Multicast
3 3 (1.30%) Firewall
4 1 (0.43%) DNS
4 1 (0.43%) BGP
Database & Business Intelligence
1 28 (12.17%) Relational Database
2 27 (11.74%) KDB
3 6 (2.61%) SQL Server
4 2 (0.87%) Big Data
4 2 (0.87%) SQL Server 2012
Development Applications
1 2 (0.87%) Visual Studio
1 2 (0.87%) Eclipse
1 2 (0.87%) Visual Studio Tools for Office
2 1 (0.43%) JIRA
2 1 (0.43%) JUnit
General
1 122 (53.04%) Front Office
2 95 (41.30%) Banking
3 49 (21.30%) Finance
4 43 (18.70%) Investment Banking
5 7 (3.04%) Financial Institution
6 2 (0.87%) Back Office
7 1 (0.43%) Law
7 1 (0.43%) Games
Job Titles
1 168 (73.04%) Developer
2 102 (44.35%) Java Developer
3 31 (13.48%) C# Developer
4 17 (7.39%) Senior Developer
5 16 (6.96%) C++ Developer
6 14 (6.09%) Senior Java Developer
7 13 (5.65%) Analyst
8 9 (3.91%) Business Analyst
8 9 (3.91%) Lead Developer
9 8 (3.48%) WPF Developer
10 6 (2.61%) Quantitative Developer
11 5 (2.17%) Lead Java Developer
12 4 (1.74%) Support Analyst
13 3 (1.30%) Senior WPF Developer
13 3 (1.30%) Banking Business Analyst
13 3 (1.30%) Python Developer
13 3 (1.30%) UNIX Engineer
13 3 (1.30%) Infrastructure Engineer
14 2 (0.87%) Development Manager
14 2 (0.87%) .NET Developer
Libraries, Frameworks & Software Standards
1 54 (23.48%) FIX Protocol
2 17 (7.39%) Middleware
3 12 (5.22%) WPF
4 11 (4.78%) STL
5 10 (4.35%) Boost C++ Libraries
6 8 (3.48%) Spring
6 8 (3.48%) Rendezvous
7 7 (3.04%) LINQ
7 7 (3.04%) JMS
7 7 (3.04%) .NET
8 4 (1.74%) Reactive Extensions
9 3 (1.30%) HTML5
9 3 (1.30%) HTML
10 2 (0.87%) WinForms
10 2 (0.87%) Silverlight
10 2 (0.87%) .NET Framework
10 2 (0.87%) Java SE
10 2 (0.87%) ASP.NET Web API
10 2 (0.87%) Task Parallel Library
10 2 (0.87%) ADO.NET Entity Framework
Miscellaneous
1 173 (75.22%) Foreign Exchange (FX)
2 66 (28.70%) Analytical Skills
3 33 (14.35%) Equities
4 32 (13.91%) Algorithms
5 30 (13.04%) VWAP
5 30 (13.04%) TWAP
6 22 (9.57%) Computer Science
7 18 (7.83%) Mathematics
8 15 (6.52%) Data Structures
9 12 (5.22%) Derivative
10 9 (3.91%) Fixed Income
11 5 (2.17%) Physics
12 4 (1.74%) Hedge funds
13 3 (1.30%) Credit Derivative
13 3 (1.30%) Client/Server
14 2 (0.87%) Statistical Arbitrage
14 2 (0.87%) Equity Derivative
14 2 (0.87%) Statistics
14 2 (0.87%) Visualisation
15 1 (0.43%) Open Source
Operating Systems
1 44 (19.13%) Linux
2 34 (14.78%) UNIX
3 11 (4.78%) Windows
4 5 (2.17%) Red Hat Enterprise Linux
5 4 (1.74%) Solaris
6 1 (0.43%) Oracle Linux
6 1 (0.43%) CentOS
6 1 (0.43%) SUSE
6 1 (0.43%) AIX
Processes & Methodologies
1 178 (77.39%) Multithreading
2 177 (76.96%) Low Latency
3 37 (16.09%) Performance Tuning
4 33 (14.35%) Agile Software Development
5 32 (13.91%) Electronic Trading
6 20 (8.70%) Risk Management
7 13 (5.65%) E-Commerce
8 11 (4.78%) Software Engineering
9 10 (4.35%) OO
10 6 (2.61%) Business Analysis
10 6 (2.61%) Operations Research
10 6 (2.61%) Market Making
10 6 (2.61%) Ultra-Low Latency
11 5 (2.17%) Financial Modelling
11 5 (2.17%) Business Development
11 5 (2.17%) Project Management
12 4 (1.74%) Enterprise Architecture
13 3 (1.30%) Mentoring
13 3 (1.30%) MVVM
13 3 (1.30%) Problem Management
Programming Languages
1 155 (67.39%) Java
2 63 (27.39%) SQL
3 52 (22.61%) C#
4 42 (18.26%) C++
5 14 (6.09%) Python
6 12 (5.22%) Perl
7 5 (2.17%) Shell Script
8 4 (1.74%) C-shell
9 3 (1.30%) AWK
10 2 (0.87%) C
10 2 (0.87%) T-SQL
10 2 (0.87%) Bash Shell
10 2 (0.87%) PowerShell
11 1 (0.43%) R
11 1 (0.43%) Korn
11 1 (0.43%) Ruby
11 1 (0.43%) VB
11 1 (0.43%) XAML
Qualifications
1 28 (12.17%) Degree
2 5 (2.17%) PhD
Quality Assurance & Compliance
1 2 (0.87%) MiFID
1 2 (0.87%) EMIR
1 2 (0.87%) Dodd-Frank
System Software
1 2 (0.87%) Firmware
2 1 (0.43%) Veritas Cluster Server
2 1 (0.43%) Active Directory
Systems Management
1 1 (0.43%) Opscode Chef
1 1 (0.43%) HP Operations Orchestration
1 1 (0.43%) CFEngine
1 1 (0.43%) Puppet
Vendors
1 25 (10.87%) Oracle
2 11 (4.78%) 29West
3 7 (3.04%) Informatica
4 5 (2.17%) Infragistics
4 5 (2.17%) Sybase
4 5 (2.17%) TIBCO
5 4 (1.74%) StreamBase
6 3 (1.30%) Perforce
6 3 (1.30%) Bloomberg
7 2 (0.87%) Veritas
7 2 (0.87%) Red Hat
7 2 (0.87%) Microsoft
7 2 (0.87%) Cisco
8 1 (0.43%) Portware
8 1 (0.43%) IBM
8 1 (0.43%) HP
8 1 (0.43%) EMC
8 1 (0.43%) Intel
8 1 (0.43%) Radianz
City, London
TEKsystems
Rate: £600 - £700 per day
Posted: 3 hours ago
London
McGregor Boyall
Rate: £80000 - £110000 per annum + or £600pd
Posted: 5 days ago