Algorithmic Trading Contracts in Central London

Algo Trading
London > Central London

The table below provides summary statistics for contract job vacancies advertised in Central London requiring Algorithmic Trading skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Algorithmic Trading over the 6 months leading up to 1 May 2025, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 105 122 162
Rank change year-on-year +17 +40 +29
Contract jobs citing Algorithmic Trading 24 11 10
As % of all contract jobs advertised in Central London 1.20% 0.45% 0.26%
As % of the Processes & Methodologies category 1.29% 0.50% 0.28%
Number of daily rates quoted 6 11 8
10th Percentile £481 £638 £488
25th Percentile £558 £766 £516
Median daily rate (50th Percentile) £669 £925 £638
Median % change year-on-year -27.70% +45.10% -8.93%
75th Percentile £866 £1,156 £681
90th Percentile £913 £1,213 £779
London median daily rate £661 £850 £650
% change year-on-year -22.29% +30.77% -13.33%

All Process and Methodology Skills
Central London

Algorithmic Trading falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills in Central London.

Contract vacancies with a requirement for process or methodology skills 1,856 2,215 3,533
As % of all contract IT jobs advertised in Central London 92.94% 90.56% 91.65%
Number of daily rates quoted 1,197 1,573 2,397
10th Percentile £363 £350 £325
25th Percentile £456 £450 £463
Median daily rate (50th Percentile) £565 £550 £600
Median % change year-on-year +2.73% -8.33% +5.26%
75th Percentile £675 £688 £725
90th Percentile £774 £800 £825
London median daily rate £550 £550 £590
% change year-on-year - -6.78% +2.61%
Number of hourly rates quoted 24 25 28
10th Percentile £22.00 £20.04 £15.43
25th Percentile £22.75 £22.50 £18.50
Median hourly rate £29.07 £27.81 £35.00
Median % change year-on-year +4.53% -20.54% -14.63%
75th Percentile £43.97 £33.00 £58.75
90th Percentile £50.75 £46.89 £88.30
London median hourly rate £31.67 £29.50 £38.13
% change year-on-year +7.36% -22.62% +5.90%

Algorithmic Trading
Job Vacancy Trend in Central London

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

Job vacancy trend for Algorithmic Trading in Central London

Algorithmic Trading
Contractor Daily Rate Trend in Central London

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

Daily rate trend for Algorithmic Trading in Central London

Algorithmic Trading
Daily Rate Histogram in Central London

Daily rate distribution for jobs citing Algorithmic Trading in Central London over the 6 months to 1 May 2025.

Daily rate histogram for Algorithmic Trading in Central London

Algorithmic Trading
Contract Job Locations in Central London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Algorithmic Trading within the Central London region over the 6 months to 1 May 2025. 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
City of London +20 22 £606 -31.69% 5
Algorithmic Trading
London

Algorithmic Trading
Co-occurring Skills and Capabilities in Central 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 3 (12.50%) Confluence
2 1 (4.17%) BizTalk Server
Cloud Services
1 2 (8.33%) Azure
2 1 (4.17%) AWS
2 1 (4.17%) AWS Lambda
2 1 (4.17%) Azure Cosmos DB
2 1 (4.17%) Azure Functions
2 1 (4.17%) Azure Logic Apps
2 1 (4.17%) Azure Storage
2 1 (4.17%) Serverless
Communications & Networking
1 2 (8.33%) Multicast
Database & Business Intelligence
1 2 (8.33%) KDB
2 1 (4.17%) Azure SQL Database
2 1 (4.17%) MongoDB
Development Applications
1 8 (33.33%) Git
General
1 8 (33.33%) Finance
1 8 (33.33%) Front Office
2 5 (20.83%) Banking
2 5 (20.83%) Investment Banking
2 5 (20.83%) Social Skills
3 4 (16.67%) Financial Institution
4 3 (12.50%) Corporate Banking
4 3 (12.50%) Retail
4 3 (12.50%) Retail Banking
5 2 (8.33%) Advertising
Job Titles
1 9 (37.50%) Software Engineer
2 6 (25.00%) Lead
3 5 (20.83%) Algorithm Engineer
3 5 (20.83%) Developer
3 5 (20.83%) Team Leader
4 3 (12.50%) Compliance Specialist
4 3 (12.50%) Electronic Trading Specialist
4 3 (12.50%) Java Developer
4 3 (12.50%) MiFID Specialist
5 2 (8.33%) C++ Developer
5 2 (8.33%) C++ Quantitative Developer
5 2 (8.33%) Front Office Developer
5 2 (8.33%) Infrastructure Engineer
5 2 (8.33%) Low Latency C++ Developer
5 2 (8.33%) Quantitative Developer
5 2 (8.33%) Senior
5 2 (8.33%) Senior Developer
5 2 (8.33%) Senior Java Developer
6 1 (4.17%) C# Software Engineer
6 1 (4.17%) C++ Software Engineer
Libraries, Frameworks & Software Standards
1 6 (25.00%) .NET
2 5 (20.83%) .NET Core
2 5 (20.83%) Blazor
3 2 (8.33%) AngularJS
3 2 (8.33%) FIX Protocol
3 2 (8.33%) HTML
3 2 (8.33%) HTML5
3 2 (8.33%) Middleware
Miscellaneous
1 6 (25.00%) Distributed Systems
2 4 (16.67%) Algorithms
2 4 (16.67%) TWAP
2 4 (16.67%) VWAP
3 3 (12.50%) Foreign Exchange (FX)
4 2 (8.33%) Equities
5 1 (4.17%) Cloud Native
5 1 (4.17%) Distributed Computing
5 1 (4.17%) Hedge funds
Operating Systems
1 10 (41.67%) Linux
2 2 (8.33%) Unix
2 2 (8.33%) Windows
Processes & Methodologies
1 16 (66.67%) Market Making
2 15 (62.50%) Electronic Trading
3 10 (41.67%) CI/CD
4 9 (37.50%) Software Engineering
5 8 (33.33%) Low Latency
6 7 (29.17%) Continuous Deployment
6 7 (29.17%) Continuous Integration
7 6 (25.00%) Multithreading
8 4 (16.67%) Continuous Improvement
8 4 (16.67%) Front End Development
8 4 (16.67%) Full-Stack Development
9 3 (12.50%) Internal Audit
9 3 (12.50%) SDLC
9 3 (12.50%) Stakeholder Management
9 3 (12.50%) Validation
9 3 (12.50%) Wealth Management
10 2 (8.33%) Automated Trading
10 2 (8.33%) Data Development
10 2 (8.33%) ETRM
10 2 (8.33%) Problem-Solving
Programming Languages
1 14 (58.33%) C++
2 12 (50.00%) Python
3 11 (45.83%) Java
4 7 (29.17%) C
5 5 (20.83%) C#
6 4 (16.67%) JavaScript
7 2 (8.33%) Go
8 1 (4.17%) PL/SQL
8 1 (4.17%) SQL
8 1 (4.17%) T-SQL
Qualifications
1 1 (4.17%) Computer Science Degree
1 1 (4.17%) Degree
1 1 (4.17%) Master's Degree
Quality Assurance & Compliance
1 3 (12.50%) MiFID
Systems Management
1 1 (4.17%) Kubernetes
Vendors
1 1 (4.17%) MuleSoft
1 1 (4.17%) Oracle