Systematic Trading Contracts in England

Systematic Trading (Mechanical Trading)
UK > England

The following table provides summary statistics for contract job vacancies advertised in England with a requirement for Systematic Trading skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Systematic Trading over the 6 months to 24 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
24 Apr 2024
Same period 2023 Same period 2022
Rank 520 638 783
Rank change year-on-year +118 +145 -183
Contract jobs citing Systematic Trading 16 22 5
As % of all contract jobs advertised in England 0.043% 0.043% 0.007%
As % of the Processes & Methodologies category 0.050% 0.048% 0.008%
Number of daily rates quoted 12 20 5
10th Percentile £866 £786 £595
25th Percentile £900 £788 £625
Median daily rate (50th Percentile) £1,175 £1,125 £650
Median % change year-on-year +4.44% +73.08% -13.33%
75th Percentile £1,250 £1,197 £675
90th Percentile - £1,225 £750
UK median daily rate £1,175 £1,125 £650
% change year-on-year +4.44% +73.08% -13.33%

All Process and Methodology Skills
England

Systematic Trading is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in England with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 32,208 45,878 64,835
As % of all contract IT jobs advertised in England 86.52% 90.28% 90.75%
Number of daily rates quoted 21,179 32,145 45,991
10th Percentile £300 £325 £330
25th Percentile £413 £445 £425
Median daily rate (50th Percentile) £525 £550 £535
Median % change year-on-year -4.55% +2.80% +9.41%
75th Percentile £650 £675 £650
90th Percentile £750 £768 £744
UK median daily rate £525 £550 £525
% change year-on-year -4.55% +4.76% +8.25%
Number of hourly rates quoted 2,233 1,631 1,786
10th Percentile £12.86 £11.00 £12.50
25th Percentile £15.95 £16.74 £15.25
Median hourly rate £35.00 £38.35 £24.00
Median % change year-on-year -8.74% +59.79% -
75th Percentile £59.44 £65.00 £49.23
90th Percentile £72.50 £75.00 £63.19
UK median hourly rate £35.00 £37.50 £25.00
% change year-on-year -6.67% +50.00% -

Systematic Trading
Job Vacancy Trend in England

Job postings citing Systematic Trading as a proportion of all IT jobs advertised in England.

Job vacancy trend for Systematic Trading in England

Systematic Trading
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing Systematic Trading in England.

Daily rate trend for Systematic Trading in England

Systematic Trading
Daily Rate Histogram in England

Daily rate distribution for jobs citing Systematic Trading in England over the 6 months to 24 April 2024.

Daily rate histogram for Systematic Trading in England

Systematic 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 Systematic Trading within the England region over the 6 months to 24 April 2024. 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
London +106 16 £1,175 +42.42% 47
Systematic Trading
UK

Systematic Trading
Co-occurring Skills and Capabilities in England by Category

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

Application Platforms
1 1 (6.25%) Apache Airflow
Cloud Services
1 1 (6.25%) AWS
1 1 (6.25%) Snowflake
General
1 2 (12.50%) Finance
1 2 (12.50%) Front Office
Job Titles
1 14 (87.50%) Developer
2 11 (68.75%) C++ Developer
3 9 (56.25%) Low Latency C++ Developer
4 4 (25.00%) Quantitative Developer
5 2 (12.50%) C++ Quantitative Developer
5 2 (12.50%) Python Developer
6 1 (6.25%) Algorithmic Trading Developer
6 1 (6.25%) C++ Developer - Algorithmic Trading
6 1 (6.25%) Data Engineer
6 1 (6.25%) Python Data Engineer
6 1 (6.25%) Python Engineer
6 1 (6.25%) Senior
6 1 (6.25%) Senior C++ Developer
6 1 (6.25%) Senior C++ Quantitative Developer
6 1 (6.25%) Senior Developer
6 1 (6.25%) Senior Quantitative Developer
6 1 (6.25%) Senior Systems Developer
Libraries, Frameworks & Software Standards
1 2 (12.50%) Pandas
2 1 (6.25%) NumPy
2 1 (6.25%) SciPy
Miscellaneous
1 14 (87.50%) Hedge funds
2 10 (62.50%) Algorithms
2 10 (62.50%) Equity Derivative
3 8 (50.00%) Derivative
4 2 (12.50%) Fixed Income
5 1 (6.25%) Equities
5 1 (6.25%) Greenfield Project
Processes & Methodologies
1 11 (68.75%) Algorithmic Trading
1 11 (68.75%) Analytics
2 10 (62.50%) Low Latency
3 2 (12.50%) Backtesting
3 2 (12.50%) Collaborative Culture
3 2 (12.50%) Computer Science
3 2 (12.50%) Data Validation
3 2 (12.50%) Quantitative Finance
3 2 (12.50%) Test Automation
3 2 (12.50%) Validation
3 2 (12.50%) Visualisation
4 1 (6.25%) Automated Trading
4 1 (6.25%) CI/CD
4 1 (6.25%) Data Pipeline
4 1 (6.25%) ETL
4 1 (6.25%) Multithreading
4 1 (6.25%) Software Engineering
Programming Languages
1 13 (81.25%) C++
2 5 (31.25%) Python
3 2 (12.50%) C#
3 2 (12.50%) Java
4 1 (6.25%) SQL
Qualifications
1 2 (12.50%) Degree
1 2 (12.50%) Master's Degree
1 2 (12.50%) PhD