Java Developer - Algorithmic Trading Contracts in London

Java Developer - Algo Trading
England > London

The median Java Developer - Algo Trading daily rate in London is £1,125 according to job vacancies posted during the 6 months to 24 April 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
24 Apr 2024
Same period 2023 Same period 2022
Rank 396 499 584
Rank change year-on-year +103 +85 -132
Contract jobs requiring a Java Developer - Algorithmic Trading 3 3 12
As % of all contract jobs advertised in London 0.017% 0.011% 0.031%
As % of the Job Titles category 0.018% 0.012% 0.032%
Number of daily rates quoted 3 3 11
10th Percentile £868 - -
25th Percentile £950 £1,425 £775
Median daily rate (50th Percentile) £1,125 £1,450 £800
Median % change year-on-year -22.41% +81.25% -
75th Percentile £1,163 £1,475 £869
90th Percentile - - £900
England median daily rate £1,125 £1,450 £800
% change year-on-year -22.41% +81.25% -

All Contract IT Job Vacancies
London

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in London. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in London with a recognized job title 16,628 25,954 37,220
% of contract IT jobs with a recognized job title 93.14% 95.32% 95.30%
Number of daily rates quoted 12,036 18,763 27,151
10th Percentile £325 £363 £375
25th Percentile £442 £463 £469
Median daily rate (50th Percentile) £550 £575 £575
Median % change year-on-year -4.35% - +9.52%
75th Percentile £675 £700 £675
90th Percentile £788 £800 £775
England median daily rate £525 £550 £525
% change year-on-year -4.55% +4.76% +10.53%
Number of hourly rates quoted 342 294 454
10th Percentile £16.00 £17.98 £16.50
25th Percentile £20.02 £22.53 £22.03
Median hourly rate £27.66 £35.25 £35.00
Median % change year-on-year -21.55% +0.71% +12.90%
75th Percentile £43.75 £60.00 £49.25
90th Percentile £64.45 £77.48 £67.50
England median hourly rate £35.50 £45.00 £22.50
% change year-on-year -21.11% +100.00% +0.36%

Java Developer - Algorithmic Trading
Job Vacancy Trend in London

Job postings that featured Java Developer - Algorithmic Trading in the job title as a proportion of all IT jobs advertised in London.

Job vacancy trend for Java Developer - Algorithmic Trading in London

Java Developer - Algorithmic Trading
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Java Developer - Algorithmic Trading in London.

Daily rate trend for Java Developer - Algorithmic Trading in London

Java Developer - Algorithmic Trading
Daily Rate Histogram in London

Daily rate distribution for jobs citing Java Developer - Algorithmic Trading in London over the 6 months to 24 April 2024.

Daily rate histogram for Java Developer - Algorithmic Trading in London

Java Developer - Algorithmic Trading Skill Set
Top 16 Co-occurring Skills and Capabilities in London

For the 6 months to 24 April 2024, Java Developer - Algorithmic Trading contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the London region featuring Java Developer - Algorithmic Trading in the job title.

1 3 (100.00%) Java
1 3 (100.00%) Algorithmic Trading
2 2 (66.67%) Problem-Solving
2 2 (66.67%) SDLC
2 2 (66.67%) Banking
2 2 (66.67%) Investment Banking
3 1 (33.33%) Mathematics
3 1 (33.33%) Computer Science
3 1 (33.33%) Electronic Trading
3 1 (33.33%) Low Latency
3 1 (33.33%) Agile
3 1 (33.33%) Foreign Exchange (FX)
3 1 (33.33%) Front Office
3 1 (33.33%) Finance
3 1 (33.33%) Fixed Income
3 1 (33.33%) Social Skills

Java Developer - Algorithmic Trading Skill Set
Co-occurring Skills and Capabilities in London 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:

General
1 2 (66.67%) Banking
1 2 (66.67%) Investment Banking
2 1 (33.33%) Finance
2 1 (33.33%) Front Office
2 1 (33.33%) Social Skills
Miscellaneous
1 1 (33.33%) Fixed Income
1 1 (33.33%) Foreign Exchange (FX)
Processes & Methodologies
1 3 (100.00%) Algorithmic Trading
2 2 (66.67%) Problem-Solving
2 2 (66.67%) SDLC
3 1 (33.33%) Agile
3 1 (33.33%) Computer Science
3 1 (33.33%) Electronic Trading
3 1 (33.33%) Low Latency
3 1 (33.33%) Mathematics
Programming Languages
1 3 (100.00%) Java