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This section looks at the demand for Algorithmic Trading skills within the 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 3 months to 25 July 2008 with a comparison to the same period last year.

LinkAlgorithmic Trading
Location
3 months to 25 Jul 2008Same period last year
Rank206255
Rank change on same period last yearUp+49
Matching permanent IT job ads739808
As % of all UK permanent IT job ads sampled0.390 %0.331 %
As % of the category below1.575 %1.266 %
Salaries quoted550579
Average minimum salary£56,864£60,624
Average salary£64,217£69,847
% change on same period last year-8.06 %
Average maximum salary£71,571£79,070
UK excluding London average salary£42,167£55,000
% change on same period last year-23.33 %
London IT Job Market, Processes & MethodologiesProcesses & Methodologies
London
Matching permanent IT job ads4691663802
As % of all UK permanent IT job ads sampled24.77 %26.13 %
Salaries quoted3899849975
Average minimum salary£48,855£49,900
Average salary£53,385£54,709
% change on same period last year-2.41 %
Average maximum salary£57,915£59,518
UK excluding London average salary£42,567£44,524
% change on same period last year-4.39 %
Algorithmic Trading EnglandAlgorithmic Trading
England

Algorithmic Trading
Demand Trend

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

London Algorithmic Trading Demand Trend

Algorithmic Trading
Salary Trend

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

London Algorithmic Trading Salary Trend

Algorithmic Trading
Salary Histogram

The chart provides a salary histogram for IT jobs citing Algorithmic Trading across the London region over the 3 months to 25 July 2008.

London Algorithmic Trading Salary Histogram

Algorithmic Trading
Job Locations

This section looks at the demand and provides a guide to the average salaries quoted in IT jobs citing Algorithmic Trading within the London region over the 3 months to 25 July 2008. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year. A positive number indicates a relative increase in demand.

LocationRank Change
on Same Period
Last Last
Matching
Permanent
IT Job Ads
Average Salary
Last 3 Months
Average Salary
% Change
on Same Period
Last Year
City of LondonUp+57341£61,422-15.33 %
Canary WharfUp+105£81,500+1.87 %
Docklands, LondonUp+72£65,000-1.11 %
Algorithmic Trading EnglandAlgorithmic Trading
England

Algorithmic Trading
Top 30 Related IT Skills

For the 6 months to 25 July 2008, IT 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 IT job ads sampled that cited Algorithmic Trading.

1776 (52.15 %)Java
2636 (42.74 %)Front Office
3600 (40.32 %)C++
4530 (35.62 %)Equities
5512 (34.41 %)Finance
6487 (32.73 %)UNIX
7425 (28.56 %)Derivative
8421 (28.29 %)Banking
9331 (22.24 %)Linux
10322 (21.64 %)Windows
11315 (21.17 %)SQL
12297 (19.96 %)C#
13258 (17.34 %)Foreign Exchange (FX)
14229 (15.39 %)OO
15202 (13.58 %)Investment Banking
16160 (10.75 %)Equity Derivative
16160 (10.75 %)Electronic Trading
17152 (10.22 %)Degree
18138 (9.274 %)Oracle
19132 (8.871 %)XML
20124 (8.333 %)Solaris
21123 (8.266 %)J2SE
21123 (8.266 %).NET
22122 (8.199 %)Spring
23114 (7.661 %)SQL Server
24113 (7.594 %)Fixed Income
25108 (7.258 %)Agile Software Development
26105 (7.056 %)Education
2796 (6.452 %)Shell Script
2893 (6.250 %)Sybase

Algorithmic Trading
Top Related IT Skills by Category

For the 6 months to 25 July 2008, IT 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 IT job ads sampled that cited Algorithmic Trading. Up to 20 skills are shown per category.

London IT Job Market, Application DevelopmentApplication Development
1132 (8.871 %)XML
2123 (8.266 %).NET
2123 (8.266 %)J2SE
3122 (8.199 %)Spring
471 (4.772 %)FIX Protocol
471 (4.772 %)Hibernate
559 (3.965 %)STL
647 (3.159 %)J2EE
647 (3.159 %)JMS
740 (2.688 %)Swing
831 (2.083 %)WinForms
831 (2.083 %)ASP.NET
923 (1.546 %)MFC
1021 (1.411 %)Middleware
1119 (1.277 %)SWT
1217 (1.142 %)JDBC
1312 (0.806 %)Servlets
1411 (0.739 %)JSP
1411 (0.739 %)ADO.NET
1510 (0.672 %)WebServices
London IT Job Market, Application PlatformsApplication Platforms
131 (2.083 %)Rendezvous
223 (1.546 %)MS Exchange
311 (0.739 %)Exchange Server 2003
46 (0.403 %)WebLogic
52 (0.134 %)Exchange Server 2000
61 (0.067 %)MTS
London IT Job Market, ApplicationsApplications
128 (1.882 %)MATLAB
213 (0.874 %)MS Excel
37 (0.470 %)MS Visio
43 (0.202 %)MS Office
London IT Job Market, Business ApplicationsBusiness Applications
19 (0.605 %)Dynamics CRM
27 (0.470 %)RMDS
London IT Job Market, Communications & NetworkingCommunications & Networking
133 (2.218 %)TCP/IP
23 (0.202 %)SSH
32 (0.134 %)Firewall
London IT Job Market, Database & Business IntelligenceDatabase & Business Intelligence
1114 (7.661 %)SQL Server
237 (2.487 %)SQL Server 7
328 (1.882 %)RDBMS
424 (1.613 %)KDB
512 (0.806 %)PostgreSQL
512 (0.806 %)SQL Server 2005
610 (0.672 %)MySQL
79 (0.605 %)SQL Server 2000
87 (0.470 %)Oracle 8/8i
95 (0.336 %)Data Mining
104 (0.269 %)Oracle 9i
113 (0.202 %)Reference Data
121 (0.067 %)Datawarehouse
121 (0.067 %)DB2
121 (0.067 %)Crystal Reports
121 (0.067 %)ETL
121 (0.067 %)Oracle 10g
London IT Job Market, Development ApplicationsDevelopment Applications
142 (2.823 %)Eclipse
227 (1.815 %)JUnit
320 (1.344 %)Log4j
416 (1.075 %)Ant
511 (0.739 %)ClearCase
65 (0.336 %)Visual Studio
71 (0.067 %)WinRunner
71 (0.067 %)QuickTest Pro
71 (0.067 %)JMeter
71 (0.067 %)Selenium
71 (0.067 %)FitNesse
London IT Job Market, GeneralGeneral
1636 (42.74 %)Front Office
2512 (34.41 %)Finance
3421 (28.29 %)Banking
4202 (13.58 %)Investment Banking
5105 (7.056 %)Education
683 (5.578 %)Games
768 (4.570 %)Telecoms
838 (2.554 %)Financial Institution
922 (1.478 %)Pharmaceutical
1015 (1.008 %)Back Office
1015 (1.008 %)Health
113 (0.202 %)Private Banking
122 (0.134 %)Online Gambling
122 (0.134 %)Insurance
131 (0.067 %)Government
131 (0.067 %)Electronics
London IT Job Market, Job TitlesJob Titles
1888 (59.68 %)Developer
2470 (31.59 %)Java Developer
3308 (20.70 %)Analyst
4223 (14.99 %)C++ Developer
5145 (9.745 %)Support Analyst
6133 (8.938 %)C# Developer
7121 (8.132 %)Applications Support
8103 (6.922 %)Senior Developer
983 (5.578 %)Junior
1073 (4.906 %)Graduate
1163 (4.234 %)Business Analyst
1163 (4.234 %)Applications Support Analyst
1262 (4.167 %)C++/Java Developer
1356 (3.763 %)C++/CSharp Developer
1455 (3.696 %)Junior Developer
1538 (2.554 %)Senior Java Developer
1637 (2.487 %)Graduate Developer
1735 (2.352 %)Programmer
1833 (2.218 %)Analyst Developer
1931 (2.083 %)Junior Java Developer
London IT Job Market, MiscellaneousMiscellaneous
1530 (35.62 %)Equities
2425 (28.56 %)Derivative
3258 (17.34 %)Foreign Exchange (FX)
4160 (10.75 %)Equity Derivative
5113 (7.594 %)Fixed Income
681 (5.444 %)Multithreading
776 (5.108 %)Computer Science
852 (3.495 %)Mathematics
934 (2.285 %)Grid Computing
1029 (1.949 %)Statistics
1127 (1.815 %)VWAP
1222 (1.478 %)VAX
1319 (1.277 %)Statistical Arbitrage
1414 (0.941 %)Credit Derivative
1511 (0.739 %)Interest Rate Derivative
1511 (0.739 %)Market Risk
168 (0.538 %)French Language
177 (0.470 %)Spread Betting
186 (0.403 %)Exotic Derivative
186 (0.403 %)N-Tier
London IT Job Market, Operating SystemsOperating Systems
1487 (32.73 %)UNIX
2331 (22.24 %)Linux
3322 (21.64 %)Windows
4124 (8.333 %)Solaris
555 (3.696 %)Windows NT
618 (1.210 %)Windows XP
72 (0.134 %)Windows Server 2003
72 (0.134 %)Windows 2000
London IT Job Market, Processes & MethodologiesProcesses & Methodologies
1229 (15.39 %)OO
2160 (10.75 %)Electronic Trading
3108 (7.258 %)Agile Software Development
476 (5.108 %)Unit Testing
564 (4.301 %)OOA/OOD
654 (3.629 %)Risk Management
753 (3.562 %)Project Management
852 (3.495 %)E-Commerce
937 (2.487 %)Business Analysis
1026 (1.747 %)User Acceptance Testing
1026 (1.747 %)Continuous Integration
1124 (1.613 %)TDD
1223 (1.546 %)Software Engineering
1320 (1.344 %)Problem Management
1320 (1.344 %)OOD
1418 (1.210 %)SOA
1517 (1.142 %)Asset Management
1616 (1.075 %)CMMI
1616 (1.075 %)Test Scripting
1715 (1.008 %)RUP
London IT Job Market, Programming LanguagesProgramming Languages
1776 (52.15 %)Java
2600 (40.32 %)C++
3315 (21.17 %)SQL
4297 (19.96 %)C#
596 (6.452 %)Shell Script
681 (5.444 %)Perl
769 (4.637 %)VBA
849 (3.293 %)VB
944 (2.957 %)C
1042 (2.823 %)Python
1118 (1.210 %)PHP
1118 (1.210 %)JavaScript
1216 (1.075 %)Tcl
137 (0.470 %)PL/SQL
137 (0.470 %)AWK
145 (0.336 %)VC++
145 (0.336 %)VB.NET
153 (0.202 %)VB6
162 (0.134 %)VBScript
171 (0.067 %)Delphi
London IT Job Market, QualificationsQualifications
1152 (10.22 %)Degree
255 (3.696 %)PhD
31 (0.067 %)MBA
London IT Job Market, Quality Assurance & ComplianceQuality Assurance & Compliance
118 (1.210 %)QA
28 (0.538 %)MiFID
London IT Job Market, VendorsVendors
1138 (9.274 %)Oracle
293 (6.250 %)Sybase
375 (5.040 %)Fidessa
462 (4.167 %)TIBCO
552 (3.495 %)Reuters
638 (2.554 %)Bloomberg
732 (2.151 %)Microsoft
813 (0.874 %)Portware
912 (0.806 %)Red Hat
105 (0.336 %)Algorithmics
113 (0.202 %)GUPTA
113 (0.202 %)Sun
122 (0.134 %)Murex
122 (0.134 %)Calypso
122 (0.134 %)Patsystems
122 (0.134 %)GL TRADE
122 (0.134 %)Informatica
131 (0.067 %)Syncfusion
131 (0.067 %)Wall Street Systems
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