Systematic Trading Contracts in London

Systematic Trading (Mechanical Trading)
England > London

The following table provides summary statistics for contract job vacancies advertised in London 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 8 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
8 May 2024
Same period 2023 Same period 2022
Rank 366 471 605
Rank change year-on-year +105 +134 -156
Contract jobs citing Systematic Trading 16 12 4
As % of all contract jobs advertised in London 0.090% 0.046% 0.010%
As % of the Processes & Methodologies category 0.10% 0.050% 0.011%
Number of daily rates quoted 12 10 4
10th Percentile £866 £758 £590
25th Percentile £900 £788 £613
Median daily rate (50th Percentile) £1,175 £825 £650
Median % change year-on-year +42.42% +26.92% -13.33%
75th Percentile £1,250 £894 £675
90th Percentile - £1,225 -
England median daily rate £1,175 £1,125 £650
% change year-on-year +4.44% +73.08% -13.33%

All Process and Methodology Skills
London

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 London with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 15,694 23,906 35,666
As % of all contract IT jobs advertised in London 88.70% 90.95% 92.32%
Number of daily rates quoted 11,256 17,189 26,035
10th Percentile £340 £375 £389
25th Percentile £450 £475 £475
Median daily rate (50th Percentile) £550 £590 £575
Median % change year-on-year -6.78% +2.61% +9.52%
75th Percentile £680 £700 £688
90th Percentile £800 £800 £775
England median daily rate £525 £550 £538
% change year-on-year -4.55% +2.33% +7.50%
Number of hourly rates quoted 315 270 421
10th Percentile £15.97 £18.45 £17.25
25th Percentile £20.00 £22.50 £23.91
Median hourly rate £28.00 £39.00 £36.50
Median % change year-on-year -28.21% +6.85% +11.11%
75th Percentile £48.75 £64.19 £51.00
90th Percentile £66.30 £80.23 £68.75
England median hourly rate £36.50 £37.34 £24.30
% change year-on-year -2.25% +53.69% +3.38%

Systematic Trading
Job Vacancy Trend in London

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

Job vacancy trend for Systematic Trading in London

Systematic Trading
Contractor Daily Rate Trend in London

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

Daily rate trend for Systematic Trading in London

Systematic Trading
Daily Rate Histogram in London

Daily rate distribution for jobs citing Systematic Trading in London over the 6 months to 8 May 2024.

Daily rate histogram for Systematic Trading in London

Systematic Trading
Contract Job Locations in London

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 London region over the 6 months to 8 May 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
Central London - 5 £988 -
Systematic Trading
England

Systematic Trading
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:

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