Software Engineer - Algorithmic Trading Jobs

Algo Trading Software Engineer
UK

The median Algo Trading Software Engineer salary in the UK is £120,000 per year according to job vacancies posted during the 6 months to 29 May 2024.

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

6 months to
29 May 2024
Same period 2023 Same period 2022
Rank 909 - 1240
Rank change year-on-year - - -
Permanent jobs requiring a Software Engineer - Algorithmic Trading 2 0 2
As % of all permanent jobs advertised in the UK 0.002% - 0.001%
As % of the Job Titles category 0.002% - 0.001%
Number of salaries quoted 2 0 2
10th Percentile £99,500 - £96,375
25th Percentile £106,250 - £96,563
Median annual salary (50th Percentile) £120,000 - £103,750
75th Percentile £131,250 - £111,563
90th Percentile £136,500 - £112,125
UK excluding London median annual salary - - -

All Permanent IT Job Vacancies
UK

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies. 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 permanent jobs in our overall sample.

Permanent vacancies in the UK with a recognized job title 97,915 88,821 160,028
% of permanent jobs with a recognized job title 94.81% 91.42% 96.05%
Number of salaries quoted 69,754 56,171 84,699
10th Percentile £28,500 £32,500 £32,500
25th Percentile £38,500 £45,000 £42,625
Median annual salary (50th Percentile) £52,500 £60,000 £60,000
Median % change year-on-year -12.50% - +9.09%
75th Percentile £70,000 £80,000 £78,750
90th Percentile £90,000 £100,000 £95,000
UK excluding London median annual salary £50,000 £53,500 £50,173
% change year-on-year -6.54% +6.63% +5.63%

Software Engineer - Algorithmic Trading
Job Vacancy Trend

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

Job vacancy trend for Software Engineer - Algorithmic Trading in the UK

Software Engineer - Algorithmic Trading
Salary Trend

3-month moving average salary quoted in jobs citing Software Engineer - Algorithmic Trading.

Salary trend for Software Engineer - Algorithmic Trading in the UK

Software Engineer - Algorithmic Trading
Salary Histogram

Salary distribution for jobs citing Software Engineer - Algorithmic Trading over the 6 months to 29 May 2024.

Salary histogram for Software Engineer - Algorithmic Trading in the UK

Software Engineer - Algorithmic Trading
Top 2 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Software Engineer - Algorithmic Trading within the UK over the 6 months to 29 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
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Jobs
London - 2 £120,000 - 1
England - 2 £120,000 - 1

Software Engineer - Algorithmic Trading Skill Set
Top 9 Co-occurring Skills and Capabilities

For the 6 months to 29 May 2024, Software Engineer - Algorithmic Trading 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 permanent job ads featuring Software Engineer - Algorithmic Trading in the job title.

1 2 (100.00%) Front Office
1 2 (100.00%) Fixed Income
1 2 (100.00%) Banking
1 2 (100.00%) Investment Banking
1 2 (100.00%) Software Engineering
1 2 (100.00%) Algorithmic Trading
1 2 (100.00%) Electronic Trading
1 2 (100.00%) TypeScript
1 2 (100.00%) React

Software Engineer - Algorithmic Trading Skill Set
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:

General
1 2 (100.00%) Banking
1 2 (100.00%) Front Office
1 2 (100.00%) Investment Banking
Libraries, Frameworks & Software Standards
1 2 (100.00%) React
Miscellaneous
1 2 (100.00%) Fixed Income
Processes & Methodologies
1 2 (100.00%) Algorithmic Trading
1 2 (100.00%) Electronic Trading
1 2 (100.00%) Software Engineering
Programming Languages
1 2 (100.00%) TypeScript