The first table below looks at the demand for Algorithmic Trading skills in IT jobs advertised for the Canary Wharf region. Included is a guide to the average salaries offered in IT jobs that have cited Algorithmic Trading over the 3 months to 24 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Processes & Methodologies category for the Canary Wharf region.

Location
3 months to
24 May 2013
Same period 2012 Same period 2011
Algorithmic Trading
Rank 38 47 32
Rank change year-on-year
+9 -15
Permanent jobs citing Algorithmic Trading 8 1 1
As % of all permanent IT jobs located in Canary Wharf 2.787% 0.291% 0.521%
As % of the Processes & Methodologies category 3.162% 0.346% 0.694%
Number of salaries quoted 7 1 1
Average salary £85,000 £85,000 £80,000
Average salary % change year-on-year
- +6.25%
UK excluding London average salary £55,000 £57,500 £65,000
% change year-on-year
-4.34% -11.53%
All Processes & Methodologies
Canary Wharf
Permanent IT job ads with a match in the
Processes & Methodologies category
253 289 144
As % of all permanent IT jobs located in Canary Wharf 88.15% 84.01% 75.00%
Number of salaries quoted 187 245 102
Average salary £75,000 £70,000 £65,000
Average salary % change year-on-year
+7.14% +7.69%
90% offered a salary of more than £40,000 £45,000 £50,000
10% offered a salary of more than £100,000 £90,000 £85,000
UK excluding London average salary £40,000 £41,000 £40,000
% change year-on-year
-2.43% +2.50%
Algorithmic Trading
London

Algorithmic Trading
Jobs Demand Trend

This chart provides a 3-month moving total of permanent IT jobs citing Algorithmic Trading across the Canary Wharf region as a proportion of the total demand within the Processes & Methodologies category.

Canary Wharf Algorithmic Trading Jobs Demand Trend

Algorithmic Trading
Salary Trend

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Algorithmic Trading across the Canary Wharf region.

Canary Wharf Algorithmic Trading Salary Trend

Algorithmic Trading
Salary Histogram

This chart provides a salary histogram for IT jobs citing Algorithmic Trading across the Canary Wharf region over the 3 months to 24 May 2013.

Canary Wharf Algorithmic Trading Salary Histogram

Algorithmic Trading
Top 26 Related IT Skills

For the 6 months to 24 May 2013, IT jobs across the Canary Wharf 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 IT job ads sampled that cited Algorithmic Trading.

1 10 (83.33%) Java
2 8 (66.67%) Finance
2 8 (66.67%) Multithreading
3 7 (58.33%) Front Office
4 6 (50.00%) Spring
4 6 (50.00%) Hadoop
4 6 (50.00%) Clojure
4 6 (50.00%) GemFire
4 6 (50.00%) DataSynapse
5 4 (33.33%) C++
5 4 (33.33%) Foreign Exchange (FX)
6 2 (16.67%) Boost C++ Libraries
6 2 (16.67%) C
6 2 (16.67%) C#
6 2 (16.67%) STL
6 2 (16.67%) UNIX
6 2 (16.67%) Linux
6 2 (16.67%) OO
7 1 (8.333%) Equities
7 1 (8.333%) E-Commerce
7 1 (8.333%) Java Concurrency
7 1 (8.333%) Guava
7 1 (8.333%) Electronic Trading
7 1 (8.333%) Guice
7 1 (8.333%) Banking
7 1 (8.333%) Investment Banking

Algorithmic Trading
Top Related IT Skills by Category

For the 6 months to 24 May 2013, IT jobs across the Canary Wharf 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 IT job ads sampled that cited Algorithmic Trading. Up to 20 skills are shown per category.

Application Development
1 6 (50.00%) Spring
2 2 (16.67%) Boost C++ Libraries
2 2 (16.67%) STL
3 1 (8.333%) Java Concurrency
3 1 (8.333%) Guava
3 1 (8.333%) Guice
Application Platforms
1 6 (50.00%) GemFire
Database & Business Intelligence
1 6 (50.00%) Hadoop
General
1 8 (66.67%) Finance
2 7 (58.33%) Front Office
3 1 (8.333%) Banking
3 1 (8.333%) Investment Banking
Job Titles
1 10 (83.33%) Developer
2 8 (66.67%) Java Developer
3 5 (41.67%) Java Software Engineer
3 5 (41.67%) Software Engineer
4 4 (33.33%) Software Developer
4 4 (33.33%) Java Software Developer
5 2 (16.67%) C Developer
5 2 (16.67%) C++ Developer
Miscellaneous
1 4 (33.33%) Foreign Exchange (FX)
2 1 (8.333%) Equities
Operating Systems
1 2 (16.67%) UNIX
1 2 (16.67%) Linux
Processes & Methodologies
1 8 (66.67%) Multithreading
2 2 (16.67%) OO
3 1 (8.333%) E-Commerce
3 1 (8.333%) Electronic Trading
Programming Languages
1 10 (83.33%) Java
2 6 (50.00%) Clojure
3 4 (33.33%) C++
4 2 (16.67%) C
4 2 (16.67%) C#
Vendors
1 6 (50.00%) DataSynapse