The table below looks at the statistics for Algorithmic Trading skills in IT jobs advertised for the City of London region. Included is a guide to the salaries offered in IT jobs that have cited Algorithmic Trading over the 3 months to 4 May 2016 with a comparison to the same period over the previous 2 years.

3 months to
4 May 2016
Same period 2015 Same period 2014
Algo Trading
Rank 213 245 256
Rank change year-on-year
+32 +11
Permanent jobs citing Algorithmic Trading 53 66 92
As % of all permanent IT jobs located in the City of London 0.76% 0.63% 0.74%
As % of the Processes & Methodologies category 0.85% 0.72% 0.86%
Number of salaries quoted 51 65 81
Median salary £80,000 £85,000 £82,500
Median salary % change year-on-year
-5.88% +3.03%
90% offered a salary of more than £57,500 £54,500 £40,000
10% offered a salary of more than £95,000 £101,500 £97,500
UK excluding London median salary £57,500 £20,000 £60,000
% change year-on-year
+187.50% -66.66%
Algorithmic Trading
London

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in permanent jobs advertised in the City of London region.

Processes & Methodologies Category
City of London
Permanent IT job ads with a match in the
Processes & Methodologies category
6231 9110 10681
As % of all permanent IT jobs located in the City of London 89.63% 87.39% 85.38%
Number of salaries quoted 5623 7653 8929
Median salary £60,000 £57,500 £55,000
Median salary % change year-on-year
+4.34% +4.54%
90% offered a salary of more than £40,000 £38,695 £37,500
10% offered a salary of more than £83,500 £80,000 £82,500
UK excluding London median salary £45,000 £44,000 £42,500
% change year-on-year
+2.27% +3.52%

Algorithmic Trading
Jobs Demand Trend in the City of London

The demand trend of job ads across the City of London region citing Algorithmic Trading as a proportion of all IT jobs with a match in the Processes & Methodologies category.

Algorithmic Trading Jobs Demand Trend in the City of London

Algorithmic Trading
Salary Trend in the City of London

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Algorithmic Trading across the City of London region.

Algorithmic Trading Salary Trend in the City of London

Algorithmic Trading
Salary Histogram in the City of London

This chart provides a salary histogram for IT jobs citing Algorithmic Trading across the City of London region over the 3 months to 4 May 2016.

Algorithmic Trading Salary Histogram in the City of London

Algorithmic Trading
Top 30 Related IT Skills in the City of London

For the 6 months to 4 May 2016, IT 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 job ads across the City of London region with a requirement for Algorithmic Trading.

1 63 (60.58%) Java
2 39 (37.50%) Degree
3 38 (36.54%) Low Latency
4 36 (34.62%) Multithreading
4 36 (34.62%) Finance
5 35 (33.65%) Python
6 33 (31.73%) C++
7 32 (30.77%) Unix
8 31 (29.81%) Linux
9 29 (27.88%) Computer Science
10 27 (25.96%) Equities
10 27 (25.96%) Algorithms
11 26 (25.00%) FIX Protocol
12 23 (22.12%) Hedge funds
13 21 (20.19%) Front Office
14 19 (18.27%) Windows
14 19 (18.27%) Analytical Skills
15 17 (16.35%) SQL
16 16 (15.38%) STL
17 14 (13.46%) Banking
17 14 (13.46%) Investment Banking
18 13 (12.50%) Electronic Trading
18 13 (12.50%) Boost C++ Libraries
18 13 (12.50%) Foreign Exchange (FX)
18 13 (12.50%) Garbage Collection
19 12 (11.54%) C
20 11 (10.58%) Agile Software Development
21 10 (9.62%) QA
22 9 (8.65%) R
22 9 (8.65%) JavaScript

Algorithmic Trading
Top Related IT Skills in the City of London 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 4 (3.85%) Elasticsearch
2 3 (2.88%) Apache Spark
3 2 (1.92%) Node.js
Business Applications
1 2 (1.92%) ION MarketView
Database & Business Intelligence
1 6 (5.77%) Relational Database
2 5 (4.81%) KDB
3 3 (2.88%) Data Mining
4 1 (0.96%) DB2
4 1 (0.96%) SQL Server
General
1 36 (34.62%) Finance
2 21 (20.19%) Front Office
3 14 (13.46%) Banking
3 14 (13.46%) Investment Banking
4 1 (0.96%) Games
Job Titles
1 74 (71.15%) Developer
2 36 (34.62%) Java Developer
3 25 (24.04%) Senior Developer
4 22 (21.15%) Senior Java Developer
5 21 (20.19%) C++ Developer
6 9 (8.65%) Quantitative Developer
7 7 (6.73%) Analyst
8 6 (5.77%) Lead Developer
8 6 (5.77%) Python Developer
9 4 (3.85%) C++ Programmer
9 4 (3.85%) C++ Quantitative Developer
9 4 (3.85%) Java Engineer
9 4 (3.85%) Programmer
9 4 (3.85%) QA Engineer
10 3 (2.88%) Front Office Developer
10 3 (2.88%) Machine Learning Engineer
10 3 (2.88%) Operations Analyst
10 3 (2.88%) Technical Analyst
10 3 (2.88%) Technical Specialist
11 2 (1.92%) MATLAB Developer
Libraries, Frameworks & Software Standards
1 26 (25.00%) FIX Protocol
2 16 (15.38%) STL
3 13 (12.50%) Boost C++ Libraries
4 4 (3.85%) Spring
4 4 (3.85%) Web Services
4 4 (3.85%) XML
5 3 (2.88%) Natural Language Processing
6 2 (1.92%) AngularJS
6 2 (1.92%) Rendezvous
7 1 (0.96%) .NET
7 1 (0.96%) ASP.NET
7 1 (0.96%) Backbone.js
7 1 (0.96%) Ember.js
7 1 (0.96%) Java Concurrency
7 1 (0.96%) jQuery
7 1 (0.96%) KnockoutJS
Miscellaneous
1 29 (27.88%) Computer Science
2 27 (25.96%) Algorithms
2 27 (25.96%) Equities
3 23 (22.12%) Hedge funds
4 19 (18.27%) Analytical Skills
5 13 (12.50%) Foreign Exchange (FX)
6 7 (6.73%) Mathematics
6 7 (6.73%) Physics
6 7 (6.73%) Statistics
7 5 (4.81%) Fixed Income
8 3 (2.88%) Artificial Intelligence
8 3 (2.88%) Data Structures
9 2 (1.92%) Equity Risk
10 1 (0.96%) Derivative
10 1 (0.96%) Equity Derivative
10 1 (0.96%) Fintech
10 1 (0.96%) Visualisation
Operating Systems
1 32 (30.77%) Unix
2 31 (29.81%) Linux
3 19 (18.27%) Windows
4 4 (3.85%) Windows Server
5 2 (1.92%) Red Hat Enterprise Linux
6 1 (0.96%) AIX
6 1 (0.96%) Solaris
6 1 (0.96%) SUSE
6 1 (0.96%) SUSE Linux Enterprise Server
Processes & Methodologies
1 38 (36.54%) Low Latency
2 36 (34.62%) Multithreading
3 13 (12.50%) Electronic Trading
3 13 (12.50%) Garbage Collection
4 11 (10.58%) Agile Software Development
5 9 (8.65%) Mentoring
5 9 (8.65%) OO
6 8 (7.69%) Integration Testing
7 7 (6.73%) Concurrent Programming
8 6 (5.77%) Quantitative Trading
8 6 (5.77%) Software Engineering
9 5 (4.81%) Analytics
9 5 (4.81%) Market Making
10 4 (3.85%) BDD
10 4 (3.85%) Data Analysis
10 4 (3.85%) OOP
10 4 (3.85%) SDLC
10 4 (3.85%) System Testing
10 4 (3.85%) Test Management
10 4 (3.85%) User Acceptance Testing
Programming Languages
1 63 (60.58%) Java
2 35 (33.65%) Python
3 33 (31.73%) C++
4 17 (16.35%) SQL
5 12 (11.54%) C
6 9 (8.65%) JavaScript
6 9 (8.65%) Perl
6 9 (8.65%) R
7 8 (7.69%) PowerShell
8 7 (6.73%) Bash Shell
8 7 (6.73%) C#
9 4 (3.85%) MATLAB
10 3 (2.88%) Scala
11 2 (1.92%) Shell Script
Qualifications
1 39 (37.50%) Degree
2 7 (6.73%) PhD
Quality Assurance & Compliance
1 10 (9.62%) QA
Systems Management
1 1 (0.96%) Puppet
Vendors
1 4 (3.85%) ION Trading
2 2 (1.92%) Fidessa
2 2 (1.92%) Oracle
2 2 (1.92%) Solace
3 1 (0.96%) HP
3 1 (0.96%) Intel
City, London
Client Server
Salary: £75k to £100k + significant bonus + benefits
Posted: 23 hours ago
City, London
Client Server
Salary: £85k to £100k + bonus + benefits
Posted: Yesterday
City, London
TEKsystems
Salary: £60000 - £130000 per annum + bonus and pension
Posted: 3 days ago
City, London
TEKsystems
Salary: £60000 - £150000 per annum + bonus and pension
Posted: 4 days ago
City, London
TEKsystems
Salary: £45000 - £75000 per annum + Large Bonus + Benefits
Posted: 4 days ago
City, London
TEKsystems
Salary: £70000 - £130000 per annum + bonus and pension
Posted: 4 days ago
City, London
Miller Maxwell Ltd
Salary: From £100,000 to £120,000 per annum + Bonus & Benefits
Posted: 5 days ago
City, London
Goldman Sachs
Salary: Competitive
Posted: 23 days ago
City, London
Acutest
Salary: £Competitive + Benefits
Posted: 27 days ago