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This section looks at the demand for Algorithmic Trading skills within the City of London region with a comparison to our Processes & Methodologies category. Included is a guide to the average salaries offered in IT jobs that have cited Algorithmic Trading over the last 3 months to 16 May 2008 with a comparison to the same period last year.

LinkAlgorithmic Trading
Location
3 months to 16 May 2008Same period last year
Rank161216
Rank change on same period last yearUp+55
Matching permanent IT job ads276117
As % of all UK permanent IT job ads sampled0.135 %0.052 %
As % of the category below2.172 %1.108 %
Salaries quoted21965
Average minimum salary£57,201£64,923
Average salary£63,904£70,192
% change on same period last year-8.95 %
Average maximum salary£70,607£75,462
UK excluding London average salary£55,000£50,000
% change on same period last year+10.00 %
Processes & Methodologies City of LondonProcesses & Methodologies
City of London
Matching permanent IT job ads1270910561
As % of all UK permanent IT job ads sampled6.231 %4.676 %
Salaries quoted107698323
Average minimum salary£50,801£55,655
Average salary£56,246£60,400
% change on same period last year-6.87 %
Average maximum salary£61,691£65,144
UK excluding London average salary£42,840£44,076
% change on same period last year-2.80 %
Algorithmic Trading LondonAlgorithmic Trading
London

Algorithmic Trading
Demand Trend

The chart provides a 3-month moving total starting in 2004 of permanent IT jobs ads citing Algorithmic Trading across the City of London region as a proportion of the total demand within the Processes & Methodologies category.

City of London Algorithmic Trading Demand Trend

Algorithmic Trading
Salary Trend

The chart provides the 3-month moving average for salaries quoted in permanent IT jobs ads citing Algorithmic Trading across the City of London region.

City of London Algorithmic Trading Salary Trend

Algorithmic Trading
Salary Histogram

The chart provides a salary histogram for IT jobs citing Algorithmic Trading across the City of London region over the past 3 months.

City of London Algorithmic Trading Salary Histogram

Algorithmic Trading
Top 30 Related IT Skills

Over the past 6 months permanent IT jobs across the City of London region citing Algorithmic Trading also mentioned the following skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of IT job ads sampled citing Algorithmic Trading.

1292 (61.22 %)Java
2208 (43.61 %)C++
3190 (39.83 %)Front Office
4174 (36.48 %)Finance
5162 (33.96 %)Banking
6147 (30.82 %)Equities
7144 (30.19 %)Derivative
8141 (29.56 %)Unix
9117 (24.53 %)SQL
10105 (22.01 %)OO
1195 (19.92 %)Foreign Exchange (FX)
1195 (19.92 %)Windows
1292 (19.29 %)C#
1386 (18.03 %)Investment Banking
1479 (16.56 %)Linux
1563 (13.21 %)Electronic Trading
1660 (12.58 %)Degree
1754 (11.32 %)Equity Derivative
1844 (9.224 %)Education
1943 (9.015 %)Fixed Income
1943 (9.015 %)J2SE
2040 (8.386 %)Reuters
2040 (8.386 %)Fidessa
2137 (7.757 %).NET
2236 (7.547 %)XML
2335 (7.338 %)Computer Science
2434 (7.128 %)Multithreading
2434 (7.128 %)Sybase
2533 (6.918 %)Oracle
2533 (6.918 %)Bloomberg

Algorithmic Trading
Top Related IT Skills by Category

Over the past 6 months permanent IT jobs across the City of London region citing Algorithmic Trading also mentioned the following skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of IT job ads sampled citing Algorithmic Trading. Up to 20 skills are shown per category.

Application Development
143 (9.015 %)J2SE
237 (7.757 %).NET
336 (7.547 %)XML
430 (6.289 %)Spring
430 (6.289 %)FIX Protocol
524 (5.031 %)Swing
615 (3.145 %)JMS
615 (3.145 %)WinForms
712 (2.516 %)ASP.NET
811 (2.306 %)Hibernate
97 (1.468 %)JSP
97 (1.468 %)STL
105 (1.048 %)JDBC
105 (1.048 %)J2EE
105 (1.048 %)Middleware
114 (0.839 %)JFC
114 (0.839 %)Ruby on Rails
114 (0.839 %)Struts
114 (0.839 %)Spring MVC
123 (0.629 %)WebServices
Application Platforms
116 (3.354 %)MS Exchange
23 (0.629 %)Rendezvous
23 (0.629 %)Exchange Server 2003
23 (0.629 %)WebLogic
32 (0.419 %)MTS
Applications
18 (1.677 %)MS Office
25 (1.048 %)MS Excel
34 (0.839 %)MATLAB
Business Applications
140 (8.386 %)Fidessa
210 (2.096 %)RMDS
36 (1.258 %)Cognos Business Intelligence
42 (0.419 %)Dynamics CRM
Communications & Networking
19 (1.887 %)TCP/IP
22 (0.419 %)Firewall
Database & Business Intelligence
117 (3.564 %)SQL Server
216 (3.354 %)KDB
39 (1.887 %)SQL Server 7
46 (1.258 %)Data Mart
46 (1.258 %)Datawarehouse
46 (1.258 %)RDBMS
53 (0.629 %)SQL Server 2005
53 (0.629 %)Reference Data
Development Applications
18 (1.677 %)Eclipse
27 (1.468 %)JUnit
36 (1.258 %)Log4j
42 (0.419 %)Ant
General
1190 (39.83 %)Front Office
2174 (36.48 %)Finance
3162 (33.96 %)Banking
486 (18.03 %)Investment Banking
544 (9.224 %)Education
619 (3.983 %)Telecoms
713 (2.725 %)Back Office
810 (2.096 %)Games
97 (1.468 %)Pharmaceutical
105 (1.048 %)Financial Institution
112 (0.419 %)Government
121 (0.210 %)Health
Job Titles
1299 (62.68 %)Developer
2174 (36.48 %)Java Developer
398 (20.55 %)Analyst
467 (14.05 %)C++ Developer
542 (8.805 %)C# Developer
637 (7.757 %)Senior Developer
736 (7.547 %)Support Analyst
831 (6.499 %)Graduate
926 (5.451 %)C++/Java Developer
1024 (5.031 %)Business Analyst
1122 (4.612 %)Junior
1220 (4.193 %)C++/CSharp Developer
1319 (3.983 %)Applications Support
1418 (3.774 %)Analyst Developer
1418 (3.774 %)Senior Java Developer
1516 (3.354 %)Junior Developer
1612 (2.516 %)Support Team Leader
1612 (2.516 %)Team Leader
1710 (2.096 %)Applications Support Analyst
188 (1.677 %)Systems Developer
Miscellaneous
1147 (30.82 %)Equities
2144 (30.19 %)Derivative
395 (19.92 %)Foreign Exchange (FX)
454 (11.32 %)Equity Derivative
543 (9.015 %)Fixed Income
635 (7.338 %)Computer Science
734 (7.128 %)Multithreading
824 (5.031 %)Grid Computing
917 (3.564 %)Mathematics
1010 (2.096 %)Statistics
118 (1.677 %)Asset Management
127 (1.468 %)Exotic Derivative
136 (1.258 %)VAX
136 (1.258 %)Statistical Arbitrage
144 (0.839 %)French Language
144 (0.839 %)VWAP
144 (0.839 %)Interest Rate Derivative
144 (0.839 %)Credit Derivative
151 (0.210 %)Contract for Difference
151 (0.210 %)Physics
Operating Systems
1141 (29.56 %)Unix
295 (19.92 %)Windows
379 (16.56 %)Linux
429 (6.080 %)Solaris
517 (3.564 %)Windows NT
615 (3.145 %)Windows XP
Processes & Methodologies
1105 (22.01 %)OO
263 (13.21 %)Electronic Trading
329 (6.080 %)Risk Management
426 (5.451 %)Project Management
524 (5.031 %)Agile Software Development
623 (4.822 %)E-Commerce
719 (3.983 %)OOA/OOD
719 (3.983 %)SOA
813 (2.725 %)Unit Testing
912 (2.516 %)User Acceptance Testing
1011 (2.306 %)Continuous Integration
1011 (2.306 %)Business Analysis
119 (1.887 %)Statistical Analysis
127 (1.468 %)OOD
136 (1.258 %)Business Intelligence
136 (1.258 %)UML
136 (1.258 %)Data Modelling
136 (1.258 %)Software Engineering
136 (1.258 %)Refactoring
144 (0.839 %)Investment Management
Programming Languages
1292 (61.22 %)Java
2208 (43.61 %)C++
3117 (24.53 %)SQL
492 (19.29 %)C#
526 (5.451 %)Shell Script
622 (4.612 %)VBA
622 (4.612 %)Perl
715 (3.145 %)C
813 (2.725 %)Tcl
98 (1.677 %)Python
98 (1.677 %)VB.NET
106 (1.258 %)VB
114 (0.839 %)Ruby
123 (0.629 %)PHP
123 (0.629 %)JavaScript
Qualifications
160 (12.58 %)Degree
212 (2.516 %)PhD
Quality Assurance & Compliance
14 (0.839 %)MiFID
23 (0.629 %)QA
Vendors
140 (8.386 %)Reuters
234 (7.128 %)Sybase
333 (6.918 %)Oracle
333 (6.918 %)Bloomberg
416 (3.354 %)Microsoft
514 (2.935 %)TIBCO
67 (1.468 %)GL TRADE
76 (1.258 %)Cognos
85 (1.048 %)Sun
94 (0.839 %)Algorithmics
103 (0.629 %)GUPTA
103 (0.629 %)Red Hat
111 (0.210 %)Murex
111 (0.210 %)Informatica
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