The following table provides summary statistics for contract job vacancies advertised in England with a requirement for Algorithmic Trading skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Algorithmic Trading over the 3 months to 24 June 2017 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Algo Trading
UK / England
3 months to
24 Jun 2017
Same period 2016 Same period 2015
Rank 478 569 506
Rank change year-on-year +91 -63  
Contract jobs citing Algorithmic Trading 104 63 119
As % of all contract IT jobs advertised in England 0.24% 0.13% 0.23%
As % of the Processes & Methodologies category 0.29% 0.15% 0.29%
Number of daily rates quoted 90 56 89
Median daily rate £600 £650 £675
Median daily rate % change year-on-year -7.69% -3.70%  
90% offered a daily rate of more than £465 £588 £500
10% offered a daily rate of more than £775 £700 £750
UK excluding London median daily rate - - £425
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Algorithmic Trading is in the process and methodology skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in England with a requirement for process and methodology skills.

Contract Process & Methodology Skills
England
Contract job vacancies with a requirement for process and methodology skills 35981 41220 41210
As % of all contract IT job vacancies advertised in England 84.73% 83.49% 80.75%
Number of daily rates quoted 23640 27663 26906
Median daily rate £450 £450 £415
Median daily rate % change year-on-year - +8.43%  
90% offered a daily rate of more than £313 £300 £288
10% offered a daily rate of more than £600 £600 £590
UK excluding London median daily rate £415 £400 £380
% change year-on-year +3.75% +5.26%  
Number of hourly rates quoted 936 964 1142
Median hourly rate £32.50 £27.50 £26.00
Median hourly rate % change year-on-year +18.18% +5.76%  
90% offered a hourly rate of more than £12.53 £12.58 £12.00
10% offered a hourly rate of more than £52.50 £49.05 £50.00
UK excluding London median hourly rate £34.00 £28.50 £30.00
% change year-on-year +19.29% -5.00%  

Algorithmic Trading
Job Vacancy Trend in England

The job posting trend of jobs advertised in England citing Algorithmic Trading as a proportion of all contract or permanent IT jobs with a match in the Processes & Methodologies category.

Job vacancy trend for Algorithmic Trading in England

Algorithmic Trading
Contractor Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Algorithmic Trading in England.

Contractor daily rate trend for Algorithmic Trading in England

Algorithmic Trading
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing Algorithmic Trading in England over the 3 months to 24 June 2017.

Contractor daily rate histogram for Algorithmic Trading in England

Algorithmic Trading
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Algorithmic Trading within the England region over the 3 months to 24 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +57 104 £600 -7.69% 50
Algorithmic Trading
UK

For the 6 months to 24 June 2017, IT contractor jobs citing Algorithmic Trading also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the England region with a requirement for Algorithmic Trading.

1 106 (64.63%) Electronic Trading
2 88 (53.66%) Foreign Exchange (FX)
3 82 (50.00%) Front Office
4 81 (49.39%) Low Latency
5 73 (44.51%) Multithreading
6 67 (40.85%) Banking
7 60 (36.59%) Finance
8 56 (34.15%) SQL
9 55 (33.54%) Java
10 50 (30.49%) C++
11 45 (27.44%) Investment Banking
12 43 (26.22%) Equities
13 38 (23.17%) Unix
14 37 (22.56%) Linux
15 34 (20.73%) MiFID
16 33 (20.12%) C#
17 32 (19.51%) FIX Protocol
18 27 (16.46%) KDB
19 26 (15.85%) Python
20 24 (14.63%) Risk Management
21 23 (14.02%) Fixed Income
21 23 (14.02%) STL
21 23 (14.02%) Boost C++ Libraries
21 23 (14.02%) Algorithms
22 20 (12.20%) Analytical Skills
23 18 (10.98%) ION Trading
23 18 (10.98%) Agile Software Development
24 17 (10.37%) Kdb+
25 15 (9.15%) Fintech
25 15 (9.15%) Windows

Algorithmic Trading
Co-occurring IT Skills in England by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 5 (3.05%) MQSeries
2 4 (2.44%) WebLogic
2 4 (2.44%) WebSphere
3 3 (1.83%) Confluence
4 1 (0.61%) MTS
4 1 (0.61%) Oracle Coherence
Applications
1 1 (0.61%) Microsoft Office
1 1 (0.61%) Microsoft Project
Business Applications
1 8 (4.88%) ION MarketView
2 4 (2.44%) Murex MxG2000
3 2 (1.22%) RMDS
Communications & Networking
1 6 (3.66%) Firewall
2 5 (3.05%) FIX Connectivity
3 4 (2.44%) Multicast
4 3 (1.83%) BGP
4 3 (1.83%) Cisco Nexus
4 3 (1.83%) DMZ
4 3 (1.83%) EIGRP
4 3 (1.83%) NetScaler
4 3 (1.83%) OSPF
4 3 (1.83%) VLAN
4 3 (1.83%) VoIP
4 3 (1.83%) Wi-Fi
5 1 (0.61%) TCP/IP
Database & Business Intelligence
1 27 (16.46%) KDB
2 17 (10.37%) Kdb+
3 11 (6.71%) Tick Data
4 10 (6.10%) Relational Database
5 4 (2.44%) Apache Cassandra
5 4 (2.44%) SQL Server
6 1 (0.61%) Big Data
Development Applications
1 12 (7.32%) NUnit
2 4 (2.44%) Git (software)
3 3 (1.83%) JIRA
3 3 (1.83%) Subversion
4 2 (1.22%) Eclipse
4 2 (1.22%) IntelliJ
4 2 (1.22%) Sonatype Nexus
5 1 (0.61%) Cucumber
5 1 (0.61%) FitNesse
5 1 (0.61%) Jenkins
5 1 (0.61%) Moq
5 1 (0.61%) Team Foundation Server
5 1 (0.61%) Visual Studio
General
1 82 (50.00%) Front Office
2 67 (40.85%) Banking
3 60 (36.59%) Finance
4 45 (27.44%) Investment Banking
5 4 (2.44%) Back Office
6 3 (1.83%) Prime Brokerage
7 2 (1.22%) Financial Institution
8 1 (0.61%) Advertising
8 1 (0.61%) French Language
8 1 (0.61%) Law
8 1 (0.61%) Legal
8 1 (0.61%) Pharmaceutical
8 1 (0.61%) Retail
8 1 (0.61%) Telecoms
Job Titles
1 101 (61.59%) Developer
2 42 (25.61%) Java Developer
3 32 (19.51%) Analyst
3 32 (19.51%) C++ Developer
4 29 (17.68%) Electronic Trading Developer
5 19 (11.59%) Business Analyst
6 17 (10.37%) C# Developer
6 17 (10.37%) Support Analyst
7 15 (9.15%) Low Latency C++ Developer
8 14 (8.54%) Electronic Trading Java Developer
9 13 (7.93%) Java Swing Developer
10 11 (6.71%) Electronic Trading C++ Developer
11 10 (6.10%) C# Developer - Investment Banking
11 10 (6.10%) Silverlight Developer
12 9 (5.49%) C# WPF Developer
12 9 (5.49%) Senior Developer
12 9 (5.49%) WPF Developer
13 8 (4.88%) Applications Support
13 8 (4.88%) MiFID Business Analyst
13 8 (4.88%) Project Manager
Libraries, Frameworks & Software Standards
1 32 (19.51%) FIX Protocol
2 23 (14.02%) Boost C++ Libraries
2 23 (14.02%) STL
3 15 (9.15%) .NET
3 15 (9.15%) Middleware
4 13 (7.93%) HTML
4 13 (7.93%) Swing
5 12 (7.32%) HTML5
5 12 (7.32%) WPF
6 10 (6.10%) Reactive Extensions
6 10 (6.10%) Silverlight
7 5 (3.05%) Spring
7 5 (3.05%) XML
8 4 (2.44%) Hibernate
8 4 (2.44%) Java EE
8 4 (2.44%) Java SE
8 4 (2.44%) JMS
8 4 (2.44%) JNI
8 4 (2.44%) Murex Flex
8 4 (2.44%) XSLT
Miscellaneous
1 88 (53.66%) Foreign Exchange (FX)
2 43 (26.22%) Equities
3 23 (14.02%) Algorithms
3 23 (14.02%) Fixed Income
4 20 (12.20%) Analytical Skills
5 15 (9.15%) Fintech
6 12 (7.32%) Derivative
7 11 (6.71%) Virtual Team
8 10 (6.10%) TWAP
8 10 (6.10%) VWAP
9 8 (4.88%) Enterprise Software
10 6 (3.66%) Computer Science
11 5 (3.05%) SCADA
12 4 (2.44%) Hedge funds
12 4 (2.44%) N-Tier
12 4 (2.44%) Wiki
13 3 (1.83%) Greenfield Project
14 2 (1.22%) Data Centre
14 2 (1.22%) Data Structures
14 2 (1.22%) Equity Derivative
Operating Systems
1 38 (23.17%) Unix
2 37 (22.56%) Linux
3 15 (9.15%) Windows
4 3 (1.83%) Red Hat Enterprise Linux
5 1 (0.61%) Solaris
Processes & Methodologies
1 106 (64.63%) Electronic Trading
2 81 (49.39%) Low Latency
3 73 (44.51%) Multithreading
4 24 (14.63%) Risk Management
5 18 (10.98%) Agile Software Development
6 15 (9.15%) Data Management
6 15 (9.15%) Problem Management
7 14 (8.54%) Analytics
7 14 (8.54%) Market Making
7 14 (8.54%) Migration
7 14 (8.54%) Scrum
8 13 (7.93%) TDD
9 12 (7.32%) Continuous Integration
9 12 (7.32%) E-Commerce
9 12 (7.32%) Incident Management
9 12 (7.32%) Software Engineering
10 11 (6.71%) Economics
10 11 (6.71%) Mathematics
10 11 (6.71%) Project Management
10 11 (6.71%) Test Automation
Programming Languages
1 56 (34.15%) SQL
2 55 (33.54%) Java
3 50 (30.49%) C++
4 33 (20.12%) C#
5 26 (15.85%) Python
6 12 (7.32%) JavaScript
7 10 (6.10%) XAML
8 8 (4.88%) PL/SQL
9 7 (4.27%) Perl
10 3 (1.83%) Bash Shell
11 2 (1.22%) C
11 2 (1.22%) Scala
11 2 (1.22%) Shell Script
12 1 (0.61%) PHP
12 1 (0.61%) T-SQL
Qualifications
1 6 (3.66%) Degree
2 2 (1.22%) CCNP
2 2 (1.22%) Cisco Certification
2 2 (1.22%) PhD
3 1 (0.61%) CCIE
3 1 (0.61%) Computer Science Degree
3 1 (0.61%) Numerate Degree
3 1 (0.61%) PMI Certification
3 1 (0.61%) PMP
Quality Assurance & Compliance
1 34 (20.73%) MiFID
2 8 (4.88%) QA
3 2 (1.22%) EMIR
4 1 (0.61%) PMO
System Software
1 1 (0.61%) Docker
Systems Management
1 3 (1.83%) Cacti
1 3 (1.83%) Cisco Prime
2 1 (0.61%) CA Spectrum
2 1 (0.61%) Opscode Chef
Vendors
1 18 (10.98%) ION Trading
2 14 (8.54%) Oracle
3 12 (7.32%) Microsoft
3 12 (7.32%) Sun
4 11 (6.71%) Fidessa
4 11 (6.71%) Solace
5 9 (5.49%) Bloomberg
6 8 (4.88%) Cognizant
6 8 (4.88%) TIBCO
7 6 (3.66%) Reuters
8 5 (3.05%) Sybase
9 4 (2.44%) Adobe
9 4 (2.44%) Murex
10 3 (1.83%) CheckPoint
10 3 (1.83%) Cisco
10 3 (1.83%) Citrix
10 3 (1.83%) Fortinet
10 3 (1.83%) NetScout
10 3 (1.83%) Red Hat
11 2 (1.22%) FXall
London
Hays London City Cheapside
Posted: Yesterday
London
TEKsystems
Rate: £500 - £600 per day
Posted: 2 days ago
City, London
Source Technology
Rate: From £700 to £800 per day
Posted: 4 days ago
City, London
Exclusive Recruitment
Rate: From £55,000 to £85,000 per annum
Posted: 3 days ago
London
McGregor Boyall
Rate: £450 - £550 per day
Posted: 3 days ago
London
Real Staffing
Rate: competitive
Posted: 5 days ago