Systematic Trading Contracts in Central London

Systematic Trading (Mechanical Trading)
London > Central London

The following table provides summary statistics for contract job vacancies advertised in Central 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 19 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
19 Apr 2024
Same period 2023 Same period 2022
Rank 130 - 201
Rank change year-on-year - - -
Contract jobs citing Systematic Trading 4 0 1
As % of all contract jobs advertised in Central London 0.16% - 0.022%
As % of the Processes & Methodologies category 0.18% - 0.024%
Number of daily rates quoted 3 0 1
10th Percentile £733 - -
25th Percentile £781 - £700
Median daily rate (50th Percentile) £975 - £750
75th Percentile £1,094 - £800
90th Percentile £1,098 - -
London median daily rate £1,200 £825 £650
% change year-on-year +45.45% +26.92% -13.33%

All Process and Methodology Skills
Central 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 Central London with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 2,221 3,586 4,206
As % of all contract IT jobs advertised in Central London 90.25% 91.55% 91.57%
Number of daily rates quoted 1,573 2,419 3,240
10th Percentile £350 £325 £375
25th Percentile £450 £463 £475
Median daily rate (50th Percentile) £550 £600 £570
Median % change year-on-year -8.33% +5.26% +8.57%
75th Percentile £688 £725 £675
90th Percentile £800 £825 £775
London median daily rate £550 £590 £575
% change year-on-year -6.78% +2.61% +9.52%
Number of hourly rates quoted 27 31 40
10th Percentile £19.52 £15.50 £18.30
25th Percentile £22.25 £20.61 £23.44
Median hourly rate £27.81 £35.00 £41.00
Median % change year-on-year -20.54% -14.63% +105.00%
75th Percentile £36.50 £58.75 £52.00
90th Percentile £56.15 £88.30 £62.83
London median hourly rate £30.00 £38.75 £36.00
% change year-on-year -22.58% +7.64% +13.14%

Systematic Trading
Job Vacancy Trend in Central London

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

Job vacancy trend for Systematic Trading in Central London

Systematic Trading
Contractor Daily Rate Trend in Central London

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

Daily rate trend for Systematic Trading in Central London

Systematic Trading
Daily Rate Histogram in Central London

Daily rate distribution for jobs citing Systematic Trading in Central London over the 6 months to 19 April 2024.

Daily rate histogram for Systematic Trading in Central London

Systematic 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 Systematic Trading within the Central London region over the 6 months to 19 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
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
City of Westminster - 3 £975 -
City of London - 1 - -
Systematic Trading
London

Systematic 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 1 (25.00%) Apache Airflow
Cloud Services
1 1 (25.00%) AWS
1 1 (25.00%) Snowflake
General
1 1 (25.00%) Finance
1 1 (25.00%) Front Office
Job Titles
1 3 (75.00%) Developer
2 2 (50.00%) Quantitative Developer
3 1 (25.00%) Algorithmic Trading Developer
3 1 (25.00%) C++ Developer
3 1 (25.00%) C++ Developer - Algorithmic Trading
3 1 (25.00%) C++ Quantitative Developer
3 1 (25.00%) Data Engineer
3 1 (25.00%) Python Data Engineer
3 1 (25.00%) Python Developer
3 1 (25.00%) Python Engineer
Libraries, Frameworks & Software Standards
1 1 (25.00%) Pandas
Miscellaneous
1 3 (75.00%) Hedge funds
2 1 (25.00%) Derivative
2 1 (25.00%) Equities
2 1 (25.00%) Equity Derivative
2 1 (25.00%) Fixed Income
2 1 (25.00%) Greenfield Project
Processes & Methodologies
1 1 (25.00%) Algorithmic Trading
1 1 (25.00%) Analytics
1 1 (25.00%) Automated Trading
1 1 (25.00%) Backtesting
1 1 (25.00%) CI/CD
1 1 (25.00%) Collaborative Culture
1 1 (25.00%) Computer Science
1 1 (25.00%) Data Pipeline
1 1 (25.00%) Data Validation
1 1 (25.00%) ETL
1 1 (25.00%) Low Latency
1 1 (25.00%) Multithreading
1 1 (25.00%) Quantitative Finance
1 1 (25.00%) Software Engineering
1 1 (25.00%) Test Automation
1 1 (25.00%) Validation
1 1 (25.00%) Visualisation
Programming Languages
1 3 (75.00%) Python
2 2 (50.00%) C++
3 1 (25.00%) C#
3 1 (25.00%) Java
3 1 (25.00%) SQL
Qualifications
1 1 (25.00%) Degree
1 1 (25.00%) Master's Degree
1 1 (25.00%) PhD