Algorithms Contract Job Trends in Central London

Algorithms
London > Central London

The table below looks at the prevalence of the term Algorithms in contract job vacancies in Central London. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Algorithms over the 6 months leading up to 4 October 2026, comparing them to the same period in the previous two years.

6 months to
4 Oct 2026
Same period 2025 Same period 2024
Rank 138 97 101
Rank change year-on-year -41 +4 +31
Contract jobs citing Algorithms 11 32 31
As % of all contract jobs in Central London 0.45% 1.66% 1.32%
As % of the Miscellaneous category 1.18% 4.28% 4.28%
Number of daily rates quoted 9 28 25
10th Percentile £203 £400 £528
25th Percentile £563 £547 £638
Median daily rate (50th Percentile) £693 £625 £710
Median % change year-on-year +10.80% -11.97% -8.39%
75th Percentile £783 £778 £855
90th Percentile £1,245 £913 £948
London median daily rate £675 £575 £625
% change year-on-year +17.39% -8.00% -10.71%

All Generic Skills
Central London

Algorithms falls under the General and Transferable Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring generic IT skills in Central London.

Contract vacancies with a requirement for generic IT skills 929 748 724
As % of all contract IT jobs advertised in Central London 38.42% 38.84% 30.87%
Number of daily rates quoted 627 541 459
10th Percentile £334 £359 £350
25th Percentile £458 £456 £463
Median daily rate (50th Percentile) £550 £575 £585
Median % change year-on-year -4.35% -1.71% -2.50%
75th Percentile £688 £688 £725
90th Percentile £775 £788 £838
London median daily rate £550 £560 £575
% change year-on-year -1.79% -2.61% -4.17%
Number of hourly rates quoted 23 10 7
10th Percentile £20.10 £17.02 £19.60
25th Percentile £25.00 £20.34 £22.90
Median hourly rate £37.50 £26.29 £25.79
Median % change year-on-year +42.65% +1.93% -26.31%
75th Percentile £64.25 £58.18 £27.00
90th Percentile £142.02 £89.88 £53.20
London median hourly rate £34.62 £26.64 £33.00
% change year-on-year +29.94% -19.27% +13.30%

Algorithms
Job Vacancy Trend in Central London

Historical trend showing the proportion of contract IT job postings citing Algorithms relative to all contract IT jobs advertised in Central London.

Algorithms job vacancy trend in Central London

Algorithms
Daily Rate Trend in Central London

Contractor daily rate distribution trend for jobs in Central London citing Algorithms.

Contractor daily rate distribution trend for jobs in Central London citing Algorithms

Algorithms
Daily Rate Histogram in Central London

Daily rate distribution for jobs citing Algorithms in Central London over the 6 months to 4 October 2026.

Daily rate histogram for Algorithms in Central London

Algorithms
Hourly Rate Trend in Central London

Contractor hourly rate distribution trend for jobs in Central London citing Algorithms.

Contractor hourly rate distribution trend for jobs in Central London citing Algorithms

Algorithms
Contract Job Locations in Central London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Algorithms within the Central London region over the 6 months to 4 October 2026. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
City of London -37 9 £705 +13.94% 46
Lambeth - 2 £225 - 1
Algorithms
London

Algorithms
Co-Occurring Skills & Capabilities in Central London by Category

The following tables expand on the one above by listing co-occurrences grouped by category. They cover the same employment type, locality and period, with up to 20 co-occurrences shown in each category:

Cloud Services
1 1 (9.09%) Amazon ECS
1 1 (9.09%) Amazon S3
1 1 (9.09%) AWS
1 1 (9.09%) AWS Lambda
1 1 (9.09%) Serverless
Communications & Networking
1 2 (18.18%) Multicast
Database & Business Intelligence
1 2 (18.18%) KDB
1 2 (18.18%) Kdb+
2 1 (9.09%) Amazon Aurora
2 1 (9.09%) Amazon RDS
2 1 (9.09%) Data Mining
2 1 (9.09%) PostgreSQL
2 1 (9.09%) Relational Database
2 1 (9.09%) SQL Server
Development Applications
1 2 (18.18%) QUnit
2 1 (9.09%) Git
2 1 (9.09%) Gradle
2 1 (9.09%) Jenkins
2 1 (9.09%) JIRA
2 1 (9.09%) Maven
General
1 6 (54.55%) Finance
2 4 (36.36%) Banking
2 4 (36.36%) Front Office
2 4 (36.36%) Social Skills
3 3 (27.27%) Analytical Skills
3 3 (27.27%) Investment Banking
4 1 (9.09%) Back Office
4 1 (9.09%) Documentation Skills
4 1 (9.09%) Marketing
4 1 (9.09%) Retail
Job Titles
1 6 (54.55%) Senior
2 5 (45.45%) Developer
2 5 (45.45%) Senior Developer
3 3 (27.27%) Java Developer
3 3 (27.27%) Senior Java Developer
4 2 (18.18%) KDB Developer
5 1 (9.09%) Data Engineer
5 1 (9.09%) Product Manager
Libraries, Frameworks & Software Standards
1 2 (18.18%) FIX Protocol
1 2 (18.18%) Ultra Messaging
2 1 (9.09%) AngularJS
2 1 (9.09%) Bootstrap
2 1 (9.09%) Hibernate
2 1 (9.09%) JPA
2 1 (9.09%) RESTful
2 1 (9.09%) Spring
2 1 (9.09%) Spring Boot
2 1 (9.09%) Spring Security
2 1 (9.09%) Terraform
Miscellaneous
1 3 (27.27%) Distributed Systems
1 3 (27.27%) Foreign Exchange (FX)
2 2 (18.18%) Derivative
2 2 (18.18%) Equities
2 2 (18.18%) Fixed Income
3 1 (9.09%) Analytical Mindset
3 1 (9.09%) Data Structures
3 1 (9.09%) Exotic Derivative
3 1 (9.09%) Legacy Systems
3 1 (9.09%) OTC Derivatives
3 1 (9.09%) Reference Data
Operating Systems
1 2 (18.18%) Linux
Processes & Methodologies
1 5 (45.45%) Computer Science
1 5 (45.45%) Low Latency
2 4 (36.36%) Algorithmic Trading
2 4 (36.36%) Translating Business Requirements
3 3 (27.27%) CI/CD
3 3 (27.27%) Mathematics
3 3 (27.27%) Problem-Solving
4 2 (18.18%) Analytics
4 2 (18.18%) Complexity Analysis
4 2 (18.18%) Concurrent Programming
4 2 (18.18%) Data Science
4 2 (18.18%) Event-Driven
4 2 (18.18%) Flow Trading
4 2 (18.18%) High-Frequency Trading
4 2 (18.18%) Machine Learning
4 2 (18.18%) Model Validation
4 2 (18.18%) Performance Monitoring
4 2 (18.18%) Software Delivery
4 2 (18.18%) Technical Leadership
4 2 (18.18%) Test Strategy
Programming Languages
1 5 (45.45%) Java
2 3 (27.27%) Python
3 1 (9.09%) C++
3 1 (9.09%) JavaScript
3 1 (9.09%) Scala
3 1 (9.09%) SQL
Qualifications
1 5 (45.45%) Degree
2 3 (27.27%) Computer Science Degree
3 2 (18.18%) DBS Check
3 2 (18.18%) Master's Degree
4 1 (9.09%) Numerate Degree
4 1 (9.09%) PhD
Quality Assurance & Compliance
1 1 (9.09%) Data Quality
System Software
1 1 (9.09%) Docker
Vendors
1 2 (18.18%) Microsoft
2 1 (9.09%) Sitecore