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 26 July 2026, comparing them to the same period in the previous two years.

6 months to
26 Jul 2026
Same period 2025 Same period 2024
Rank 138 102 108
Rank change year-on-year -36 +6 +34
Contract jobs citing Algorithms 10 28 30
As % of all contract jobs in Central London 0.38% 1.36% 1.30%
As % of the Miscellaneous category 1.15% 3.74% 4.02%
Number of daily rates quoted 5 22 23
10th Percentile £611 £526 £551
25th Percentile £684 £550 £683
Median daily rate (50th Percentile) £705 £619 £710
Median % change year-on-year +13.94% -12.85% +5.19%
75th Percentile £783 £763 £884
90th Percentile £850 £913 £963
London median daily rate £650 £590 £700
% change year-on-year +10.17% -15.71% +7.69%

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 869 749 746
As % of all contract IT jobs advertised in Central London 33.36% 36.27% 32.22%
Number of daily rates quoted 598 501 499
10th Percentile £346 £350 £350
25th Percentile £461 £450 £463
Median daily rate (50th Percentile) £550 £580 £575
Median % change year-on-year -5.17% +0.87% -4.17%
75th Percentile £679 £700 £702
90th Percentile £775 £800 £850
London median daily rate £550 £575 £575
% change year-on-year -4.35% - -4.17%
Number of hourly rates quoted 17 12 7
10th Percentile £19.44 £17.57 £14.70
25th Percentile £23.16 £24.28 £19.00
Median hourly rate £37.50 £28.29 £23.80
Median % change year-on-year +32.58% +18.84% -40.25%
75th Percentile £59.72 £43.39 £27.00
90th Percentile £69.70 £86.43 £53.20
London median hourly rate £36.75 £29.07 £30.16
% change year-on-year +26.42% -3.61% -13.83%

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 26 July 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 26 July 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 -30 10 £705 +18.74% 12
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:

Business Applications
1 2 (20.00%) Bloomberg AIM
1 2 (20.00%) Fidessa
Cloud Services
1 4 (40.00%) AWS
2 2 (20.00%) Amazon ECS
2 2 (20.00%) Amazon EKS
3 1 (10.00%) Datadog
3 1 (10.00%) GitHub
3 1 (10.00%) GitHub Actions
Communications & Networking
1 2 (20.00%) Multicast
Database & Business Intelligence
1 2 (20.00%) SQL Server
2 1 (10.00%) Amazon Athena
2 1 (10.00%) Amazon RDS
2 1 (10.00%) Big Data
2 1 (10.00%) Neo4j
2 1 (10.00%) PostgreSQL
2 1 (10.00%) Redis
2 1 (10.00%) Relational Database
Development Applications
1 1 (10.00%) Octopus Deploy
1 1 (10.00%) TeamCity
General
1 5 (50.00%) Front Office
1 5 (50.00%) Social Skills
2 4 (40.00%) Banking
3 3 (30.00%) Analytical Skills
3 3 (30.00%) Finance
3 3 (30.00%) Investment Banking
4 2 (20.00%) Documentation Skills
5 1 (10.00%) Corporate Banking
5 1 (10.00%) Presentation Skills
5 1 (10.00%) Retail
5 1 (10.00%) Retail Banking
Job Titles
1 4 (40.00%) Senior
2 3 (30.00%) Developer
3 2 (20.00%) Electronics Engineer
3 2 (20.00%) Java Developer
3 2 (20.00%) Senior Developer
3 2 (20.00%) Senior Java Developer
4 1 (10.00%) C# Developer
4 1 (10.00%) C# Developer - Commodities
4 1 (10.00%) C# Quant Developer
4 1 (10.00%) Data Engineer
4 1 (10.00%) Data Scientist
4 1 (10.00%) DevOps Engineer
4 1 (10.00%) Product Manager
4 1 (10.00%) Quantitative Developer
4 1 (10.00%) Senior DevOps
4 1 (10.00%) Senior DevOps Engineer
Libraries, Frameworks & Software Standards
1 4 (40.00%) FIX Protocol
2 2 (20.00%) JMS
2 2 (20.00%) Kafka
2 2 (20.00%) Middleware
2 2 (20.00%) REST
2 2 (20.00%) Ultra Messaging
3 1 (10.00%) .NET
3 1 (10.00%) AngularJS
3 1 (10.00%) GraphX
3 1 (10.00%) NetworkX
3 1 (10.00%) Playwright
3 1 (10.00%) PySpark
3 1 (10.00%) PyTorch
3 1 (10.00%) React
3 1 (10.00%) scikit-learn
3 1 (10.00%) TensorFlow
Miscellaneous
1 4 (40.00%) Equities
2 3 (30.00%) Distributed Systems
2 3 (30.00%) Foreign Exchange (FX)
3 2 (20.00%) Data Structures
3 2 (20.00%) Derivative
3 2 (20.00%) Hybrid Cloud
4 1 (10.00%) Cloud Native
4 1 (10.00%) Exotic Derivative
4 1 (10.00%) Legacy Systems
4 1 (10.00%) Market Risk
4 1 (10.00%) OTC Derivatives
Processes & Methodologies
1 5 (50.00%) Electronic Trading
2 4 (40.00%) Algorithmic Trading
2 4 (40.00%) Analytics
2 4 (40.00%) Integration Patterns
2 4 (40.00%) Low Latency
3 3 (30.00%) CI/CD
3 3 (30.00%) Concurrent Programming
3 3 (30.00%) Containerisation
3 3 (30.00%) Data Analysis
3 3 (30.00%) Microservices
3 3 (30.00%) Multithreading
3 3 (30.00%) Problem-Solving
3 3 (30.00%) Translating Business Requirements
4 2 (20.00%) Computer Science
4 2 (20.00%) Event-Driven Architecture
4 2 (20.00%) Graph Analytics
4 2 (20.00%) Machine Learning
4 2 (20.00%) Mathematics
4 2 (20.00%) Order Management
4 2 (20.00%) Use Case
Programming Languages
1 6 (60.00%) Java
2 5 (50.00%) Python
3 3 (30.00%) SQL
4 2 (20.00%) C#
5 1 (10.00%) C++
5 1 (10.00%) Go
5 1 (10.00%) Scala
Qualifications
1 2 (20.00%) Degree
1 2 (20.00%) Master's Degree
2 1 (10.00%) Computer Science Degree
2 1 (10.00%) PhD
Quality Assurance & Compliance
1 1 (10.00%) Data Quality
System Software
1 1 (10.00%) Docker
Systems Management
1 2 (20.00%) Grafana
2 1 (10.00%) Kubernetes
2 1 (10.00%) Terraform
Vendors
1 2 (20.00%) AppDynamics
1 2 (20.00%) Bloomberg
1 2 (20.00%) Charles River
1 2 (20.00%) Microsoft
1 2 (20.00%) Splunk
2 1 (10.00%) Sitecore