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 21 February 2017 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
21 Feb 2017
Same period 2016 Same period 2015
Algo Trading
England / London
Rank 328 305 339
Rank change year-on-year
-23 +34
Contract jobs citing Algorithmic Trading 79 111 68
As % of all contract IT jobs located in London 0.41% 0.53% 0.32%
As % of the Processes & Methodologies category 0.48% 0.62% 0.39%
Number of daily rates quoted 65 93 54
Median daily rate £600 £625 £625
Median daily rate % change year-on-year
-4.00% -
90% offered a daily rate of more than £451 £480 £400
10% offered a daily rate of more than £870 £700 £688
UK excluding London median daily rate £414 £600 £475
% change year-on-year
-31.04% +26.31%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
16371 17920 17326
As % of all contract IT jobs located in London 84.72% 84.94% 82.10%
Number of daily rates quoted 11854 12787 12360
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £340 £325 £305
10% offered a daily rate of more than £638 £625 £600
UK excluding London median daily rate £410 £400 £400
% change year-on-year
+2.50% -
Number of hourly rates quoted 159 219 198
Median hourly rate £33.00 £22.50 £21.50
Median hourly rate % change year-on-year
+46.66% +4.65%
90% offered a hourly rate of more than £14.04 £12.50 £11.00
10% offered a hourly rate of more than £55.00 £53.00 £51.50
UK excluding London median hourly rate £35.75 £40.00 £27.50
% change year-on-year
-10.62% +45.45%

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 21 February 2017.

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 21 February 2017. 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 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 -14 9 £725 +7.40% 11
Docklands, London -1 1 £550 +15.78%
Algorithmic Trading
England

Algorithmic Trading
Top 30 Related IT Skills in London

For the 6 months to 21 February 2017, 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 84 (57.14%) Low Latency
2 81 (55.10%) Electronic Trading
2 81 (55.10%) Foreign Exchange (FX)
3 77 (52.38%) Front Office
4 73 (49.66%) Multithreading
5 71 (48.30%) Banking
6 65 (44.22%) Finance
7 63 (42.86%) C++
8 57 (38.78%) Unix
9 54 (36.73%) SQL
10 45 (30.61%) STL
10 45 (30.61%) Boost C++ Libraries
11 43 (29.25%) Investment Banking
12 41 (27.89%) Linux
13 39 (26.53%) Algorithms
14 36 (24.49%) Risk Management
15 32 (21.77%) Java
16 30 (20.41%) Agile Software Development
17 27 (18.37%) MiFID
18 25 (17.01%) E-Commerce
19 23 (15.65%) Equities
20 20 (13.61%) C#
20 20 (13.61%) Multithreaded Programming
21 19 (12.93%) Python
21 19 (12.93%) Fixed Income
22 18 (12.24%) TCP/IP
22 18 (12.24%) FIX Protocol
22 18 (12.24%) Mathematics
23 17 (11.56%) Market Making
23 17 (11.56%) High Availability

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 3 (2.04%) Confluence
2 2 (1.36%) WebLogic
2 2 (1.36%) WebSphere
Applications
1 2 (1.36%) MS Excel
2 1 (0.68%) Doxygen
2 1 (0.68%) LaTeX
Business Applications
1 7 (4.76%) RMDS
2 2 (1.36%) Murex MxG2000
Communications & Networking
1 18 (12.24%) TCP/IP
2 4 (2.72%) Multicast
3 1 (0.68%) DHCP
3 1 (0.68%) DNS
3 1 (0.68%) Ethernet
3 1 (0.68%) FTP
3 1 (0.68%) IGMP
3 1 (0.68%) InfiniBand
3 1 (0.68%) SSH
Database & Business Intelligence
1 16 (10.88%) KDB
2 8 (5.44%) SQL Server
3 6 (4.08%) Kdb+
4 4 (2.72%) Tick Data
5 3 (2.04%) Relational Database
6 2 (1.36%) MongoDB
6 2 (1.36%) MySQL
6 2 (1.36%) PostgreSQL
7 1 (0.68%) Big Data
7 1 (0.68%) SQL Server Integration Services
7 1 (0.68%) SQL Server Reporting Services
Development Applications
1 5 (3.40%) CasperJS
1 5 (3.40%) HP UFT
1 5 (3.40%) Selenium
2 4 (2.72%) NUnit
3 3 (2.04%) JIRA
General
1 77 (52.38%) Front Office
2 71 (48.30%) Banking
3 65 (44.22%) Finance
4 43 (29.25%) Investment Banking
5 4 (2.72%) Prime Brokerage
6 3 (2.04%) Back Office
6 3 (2.04%) Financial Institution
7 2 (1.36%) Corporate Banking
8 1 (0.68%) Advertising
8 1 (0.68%) Japanese Language
8 1 (0.68%) Retail
Job Titles
1 101 (68.71%) Developer
2 53 (36.05%) C++ Developer
3 26 (17.69%) Electronic Trading Developer
4 19 (12.93%) Java Developer
5 16 (10.88%) Analyst
5 16 (10.88%) Electronic Trading C++ Developer
5 16 (10.88%) Low Latency C++ Developer
6 13 (8.84%) Algorithmic Trading Developer
7 11 (7.48%) Business Analyst
8 10 (6.80%) C# Developer
8 10 (6.80%) Electronic Trading Support
9 8 (5.44%) FX Support Analyst
9 8 (5.44%) MiFID Business Analyst
9 8 (5.44%) Support Analyst
10 7 (4.76%) 2nd Line Support
10 7 (4.76%) 2nd Line Support Analyst
10 7 (4.76%) Scala Developer
10 7 (4.76%) Senior Developer
10 7 (4.76%) Systems Administrator
10 7 (4.76%) Unix Support
Libraries, Frameworks & Software Standards
1 45 (30.61%) Boost C++ Libraries
1 45 (30.61%) STL
2 18 (12.24%) FIX Protocol
3 17 (11.56%) Middleware
4 16 (10.88%) .NET
5 7 (4.76%) Rendezvous
6 6 (4.08%) HTML
6 6 (4.08%) HTML5
7 5 (3.40%) AngularJS
8 3 (2.04%) CSS
8 3 (2.04%) CSS3
8 3 (2.04%) Django
8 3 (2.04%) Flask
8 3 (2.04%) Node.js
8 3 (2.04%) Swing
9 2 (1.36%) Hibernate
9 2 (1.36%) JMS
9 2 (1.36%) React
9 2 (1.36%) XML
9 2 (1.36%) XSLT
Miscellaneous
1 81 (55.10%) Foreign Exchange (FX)
2 39 (26.53%) Algorithms
3 23 (15.65%) Equities
4 19 (12.93%) Fixed Income
5 14 (9.52%) Analytical Skills
5 14 (9.52%) N-Tier
6 12 (8.16%) Derivative
7 11 (7.48%) Fintech
7 11 (7.48%) TWAP
7 11 (7.48%) VWAP
8 8 (5.44%) Computer Science
9 5 (3.40%) SCADA
10 4 (2.72%) Equity Derivative
10 4 (2.72%) Management Information System
11 3 (2.04%) Wiki
12 2 (1.36%) Field-Programmable Gate Array
12 2 (1.36%) Virtual Team
13 1 (0.68%) Data Centre
13 1 (0.68%) Data Structures
13 1 (0.68%) Pricing Data
Operating Systems
1 57 (38.78%) Unix
2 41 (27.89%) Linux
3 17 (11.56%) Solaris
4 9 (6.12%) Windows
5 4 (2.72%) Red Hat Enterprise Linux
5 4 (2.72%) SUSE Linux Enterprise Server
6 3 (2.04%) AIX
7 1 (0.68%) SUSE
Processes & Methodologies
1 84 (57.14%) Low Latency
2 81 (55.10%) Electronic Trading
3 73 (49.66%) Multithreading
4 36 (24.49%) Risk Management
5 30 (20.41%) Agile Software Development
6 25 (17.01%) E-Commerce
7 20 (13.61%) Multithreaded Programming
8 18 (12.24%) Mathematics
9 17 (11.56%) High Availability
9 17 (11.56%) Market Making
10 11 (7.48%) High-Frequency Trading
11 10 (6.80%) Data Management
12 8 (5.44%) Analytics
12 8 (5.44%) FX Algorithmic Trading
12 8 (5.44%) Problem Management
13 7 (4.76%) Financial Modelling
13 7 (4.76%) Machine Learning
13 7 (4.76%) Project Management
14 6 (4.08%) GAP Analysis
14 6 (4.08%) TDD
Programming Languages
1 63 (42.86%) C++
2 54 (36.73%) SQL
3 32 (21.77%) Java
4 20 (13.61%) C#
5 19 (12.93%) Python
6 8 (5.44%) Scala
7 7 (4.76%) JavaScript
7 7 (4.76%) MATLAB
8 6 (4.08%) Bash Shell
9 5 (3.40%) R
10 4 (2.72%) Perl
11 2 (1.36%) PowerShell
11 2 (1.36%) Shell Script
11 2 (1.36%) XAML
12 1 (0.68%) Ruby
12 1 (0.68%) Tcl
Qualifications
1 13 (8.84%) Degree
2 5 (3.40%) PhD
3 4 (2.72%) ISEB
3 4 (2.72%) ISTQB
4 2 (1.36%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 27 (18.37%) MiFID
2 9 (6.12%) QA
3 3 (2.04%) SDET
System Software
1 1 (0.68%) NFS
1 1 (0.68%) Veritas Cluster Server
Systems Management
1 3 (2.04%) ITRS Geneos
2 2 (1.36%) HP Quality Center
3 1 (0.68%) Puppet
Vendors
1 15 (10.20%) Oracle
1 15 (10.20%) Solace
2 11 (7.48%) Cognizant
3 10 (6.80%) Reuters
3 10 (6.80%) TIBCO
4 8 (5.44%) Sybase
5 7 (4.76%) Currenex
5 7 (4.76%) FXall
6 6 (4.08%) Sun
7 5 (3.40%) Fidessa
7 5 (3.40%) ION Trading
8 3 (2.04%) Bloomberg
8 3 (2.04%) Talarian
9 2 (1.36%) Adobe
9 2 (1.36%) Microsoft
9 2 (1.36%) Murex
10 1 (0.68%) EMC
10 1 (0.68%) HP
10 1 (0.68%) Portware
10 1 (0.68%) Veritas
London
Haysfm
Rate: £600.00 - £750.00 per day
Posted: 4 days ago
London
McGregor Boyall
Rate: £800 - £1000 per day
Posted: 6 days ago
City, London
Hatstand Limited
Rate: £500 - £600 per annum
Posted: 3 days ago
City, London
Harrington Starr
Rate: £550 - £700 per day
Posted: 3 days ago