Quantitative Trading
UK

The following table provides summary statistics for permanent job vacancies with a requirement for Quantitative Trading skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Quantitative Trading over the 6 months to 20 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
20 Apr 2024
Same period 2023 Same period 2022
Rank 851 959 1167
Rank change year-on-year +108 +208 -329
Permanent jobs citing Quantitative Trading 47 29 22
As % of all permanent jobs advertised in the UK 0.048% 0.027% 0.014%
As % of the Processes & Methodologies category 0.056% 0.029% 0.015%
Number of salaries quoted 36 20 6
10th Percentile £75,000 £75,750 £68,750
25th Percentile £97,500 £83,438 £69,688
Median annual salary (50th Percentile) £110,000 £118,750 £87,500
Median % change year-on-year -7.37% +35.71% -23.91%
75th Percentile £150,000 £140,625 £110,000
90th Percentile £170,000 £145,625 £130,000
UK excluding London median annual salary - - £72,500

All Process and Methodology Skills
UK

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

Permanent vacancies with a requirement for process or methodology skills 83,667 101,580 146,188
As % of all permanent jobs advertised in the UK 86.18% 95.66% 95.50%
Number of salaries quoted 59,403 59,507 83,596
10th Percentile £29,000 £34,000 £33,250
25th Percentile £40,000 £45,000 £43,750
Median annual salary (50th Percentile) £55,000 £61,750 £60,000
Median % change year-on-year -10.93% +2.92% +9.09%
75th Percentile £72,500 £82,500 £80,000
90th Percentile £92,500 £100,000 £96,250
UK excluding London median annual salary £50,000 £54,882 £52,500
% change year-on-year -8.90% +4.54% +9.38%

Quantitative Trading
Job Vacancy Trend

Job postings citing Quantitative Trading as a proportion of all IT jobs advertised.

Job vacancy trend for Quantitative Trading in the UK

Quantitative Trading
Salary Trend

3-month moving average salary quoted in jobs citing Quantitative Trading.

Salary trend for Quantitative Trading in the UK

Quantitative Trading
Salary Histogram

Salary distribution for jobs citing Quantitative Trading over the 6 months to 20 April 2024.

Salary histogram for Quantitative Trading in the UK

Quantitative Trading
Top 3 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Quantitative Trading within the UK over the 6 months to 20 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
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Jobs
London +175 47 £110,000 -7.37% 53
England +149 47 £110,000 -7.37% 54
Work from Home +115 20 £127,500 - 14

Quantitative Trading
Co-occurring Skills and Capabilities 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:

Cloud Services
1 8 (17.02%) Azure
2 5 (10.64%) Azure DevOps
3 3 (6.38%) AWS
3 3 (6.38%) GCP
4 1 (2.13%) Cloud Computing
Communications & Networking
1 4 (8.51%) DHCP
1 4 (8.51%) DNS
2 2 (4.26%) BGP
2 2 (4.26%) Firewall
2 2 (4.26%) OSPF
2 2 (4.26%) TCP/IP
2 2 (4.26%) WAN
Database & Business Intelligence
1 1 (2.13%) Tick Data
Development Applications
1 5 (10.64%) DTrace
1 5 (10.64%) GDB
General
1 24 (51.06%) Finance
2 15 (31.91%) Social Skills
3 10 (21.28%) Front Office
4 4 (8.51%) Analytical Skills
5 2 (4.26%) Banking
5 2 (4.26%) Billing
6 1 (2.13%) Organisational Skills
Job Titles
1 26 (55.32%) Developer
2 15 (31.91%) Quantitative Developer
3 13 (27.66%) C++ Developer
4 11 (23.40%) C++ Quantitative Developer
5 10 (21.28%) Python Developer
6 7 (14.89%) Lead
7 5 (10.64%) Linux Engineer
7 5 (10.64%) Platform Engineer
8 4 (8.51%) Infrastructure Engineer
8 4 (8.51%) Senior
8 4 (8.51%) Senior Infrastructure Engineer
8 4 (8.51%) Senior Windows Engineer
8 4 (8.51%) Windows Engineer
8 4 (8.51%) Windows Infrastructure Engineer
9 3 (6.38%) Automation Engineer
9 3 (6.38%) Java Developer
9 3 (6.38%) Python Engineer
9 3 (6.38%) SQL Developer
9 3 (6.38%) Support Engineer
9 3 (6.38%) Technologist
Libraries, Frameworks & Software Standards
1 2 (4.26%) STL
2 1 (2.13%) FIX Protocol
Miscellaneous
1 21 (44.68%) Hedge funds
2 15 (31.91%) Client/Server
3 8 (17.02%) Algorithms
3 8 (17.02%) Data Structures
4 5 (10.64%) Linux Command Line
5 4 (8.51%) Equities
5 4 (8.51%) Virtual Team
6 3 (6.38%) Foreign Exchange (FX)
6 3 (6.38%) Onboarding
7 2 (4.26%) Data Centre
7 2 (4.26%) Fixed Income
7 2 (4.26%) FPGA
7 2 (4.26%) Greenfield Project
8 1 (2.13%) Distributed Computing
Operating Systems
1 16 (34.04%) Linux
2 10 (21.28%) Unix
3 4 (8.51%) Windows
3 4 (8.51%) Windows Server
Processes & Methodologies
1 23 (48.94%) Problem-Solving
2 18 (38.30%) Algorithmic Trading
3 17 (36.17%) Computer Science
4 11 (23.40%) Low Latency
5 10 (21.28%) Quantitative Research
6 8 (17.02%) Software Engineering
7 7 (14.89%) DevOps
8 5 (10.64%) CI/CD
8 5 (10.64%) Configuration Management
8 5 (10.64%) Deployment Automation
8 5 (10.64%) Issue Tracking
8 5 (10.64%) Platform Engineering
8 5 (10.64%) Root Cause Analysis
9 4 (8.51%) Analytics
9 4 (8.51%) Infrastructure Engineering
9 4 (8.51%) Mathematics
10 3 (6.38%) Cryptocurrency
10 3 (6.38%) Mentoring
10 3 (6.38%) Quantitative Finance
10 3 (6.38%) Systematic Trading
Programming Languages
1 15 (31.91%) C++
1 15 (31.91%) Python
2 8 (17.02%) SQL
3 5 (10.64%) C
3 5 (10.64%) C#
3 5 (10.64%) OCaml
3 5 (10.64%) Shell Script
3 5 (10.64%) SystemTap
4 4 (8.51%) PowerShell
5 3 (6.38%) Java
6 1 (2.13%) Go
6 1 (2.13%) MATLAB
6 1 (2.13%) Rust
Qualifications
1 16 (34.04%) Degree
2 3 (6.38%) Computer Science Degree
3 2 (4.26%) CCIE
3 2 (4.26%) Cisco Certification
3 2 (4.26%) Master's Degree
Quality Assurance & Compliance
1 1 (2.13%) GRC
System Software
1 4 (8.51%) Active Directory
Vendors
1 4 (8.51%) Microsoft
2 2 (4.26%) Cisco
2 2 (4.26%) Juniper