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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.
Algorithmic Trading |
| 3 months to 16 May 2008 | Same period last year |
| Rank | 161 | 216 |
| Rank change on same period last year | +55 |
| Matching permanent IT job ads | 276 | 117 |
| As % of all UK permanent IT job ads sampled | 0.135 % | 0.052 % |
| As % of the category below | 2.172 % | 1.108 % |
| Salaries quoted | 219 | 65 |
| 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 % |
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| Matching permanent IT job ads | 12709 | 10561 |
| As % of all UK permanent IT job ads sampled | 6.231 % | 4.676 % |
| Salaries quoted | 10769 | 8323 |
| 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 % |
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Algorithmic Trading Demand TrendThe 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.
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