Algorithmic Trading Contracts in the City of London

Algo Trading
Central London > City of London

The table below provides summary statistics for contract job vacancies advertised in the City of 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 97 117 168
Rank change year-on-year +20 +51 +16
Contract jobs citing Algorithmic Trading 22 10 10
As % of all contract jobs advertised in the City of London 1.25% 0.46% 0.27%
As % of the Processes & Methodologies category 1.34% 0.50% 0.30%
Number of daily rates quoted 4 10 8
10th Percentile £459 £636 £488
25th Percentile £509 £749 £516
Median daily rate (50th Percentile) £606 £888 £638
Median % change year-on-year -31.69% +39.22% -8.93%
75th Percentile £673 £1,167 £681
90th Percentile £704 £1,224 £779
Central London median daily rate £669 £925 £638
% change year-on-year -27.70% +45.10% -8.93%

All Process and Methodology Skills
City of 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 the City of London.

Contract vacancies with a requirement for process or methodology skills 1,636 1,988 3,346
As % of all contract IT jobs advertised in the City of London 93.17% 90.49% 91.85%
Number of daily rates quoted 1,032 1,406 2,259
10th Percentile £363 £363 £355
25th Percentile £463 £451 £475
Median daily rate (50th Percentile) £575 £565 £600
Median % change year-on-year +1.77% -5.83% +4.35%
75th Percentile £680 £688 £730
90th Percentile £775 £806 £825
Central London median daily rate £565 £550 £600
% change year-on-year +2.73% -8.33% +5.26%
Number of hourly rates quoted 12 11 24
10th Percentile £22.00 £19.92 £15.33
25th Percentile £24.00 £20.22 £18.03
Median hourly rate £29.58 £25.00 £35.00
Median % change year-on-year +18.30% -28.57% -14.63%
75th Percentile £45.00 £40.00 £58.75
90th Percentile £62.25 £41.84 £88.30
Central London median hourly rate £29.07 £27.81 £35.00
% change year-on-year +4.53% -20.54% -14.63%

Algorithmic Trading
Job Vacancy Trend in the City of London

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

Job vacancy trend for Algorithmic Trading in the City of London

Algorithmic Trading
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Algorithmic Trading in the City of London.

Daily rate trend for Algorithmic Trading in the City of London

Algorithmic Trading
Daily Rate Histogram in the City of London

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

Daily rate histogram for Algorithmic Trading in the City of London

Algorithmic Trading
Co-occurring Skills and Capabilities in the City of 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 (13.64%) Confluence
2 1 (4.55%) BizTalk Server
Cloud Services
1 2 (9.09%) Azure
2 1 (4.55%) AWS
2 1 (4.55%) AWS Lambda
2 1 (4.55%) Azure Cosmos DB
2 1 (4.55%) Azure Functions
2 1 (4.55%) Azure Logic Apps
2 1 (4.55%) Azure Storage
2 1 (4.55%) Serverless
Database & Business Intelligence
1 2 (9.09%) KDB
2 1 (4.55%) Azure SQL Database
2 1 (4.55%) MongoDB
Development Applications
1 8 (36.36%) Git
General
1 8 (36.36%) Finance
1 8 (36.36%) Front Office
2 5 (22.73%) Banking
2 5 (22.73%) Investment Banking
2 5 (22.73%) Social Skills
3 4 (18.18%) Financial Institution
4 3 (13.64%) Corporate Banking
4 3 (13.64%) Retail
4 3 (13.64%) Retail Banking
5 2 (9.09%) Advertising
Job Titles
1 9 (40.91%) Software Engineer
2 6 (27.27%) Lead
3 5 (22.73%) Algorithm Engineer
3 5 (22.73%) Team Leader
4 3 (13.64%) Compliance Specialist
4 3 (13.64%) Developer
4 3 (13.64%) Electronic Trading Specialist
4 3 (13.64%) Java Developer
4 3 (13.64%) MiFID Specialist
5 2 (9.09%) Front Office Developer
5 2 (9.09%) Infrastructure Engineer
5 2 (9.09%) Senior
5 2 (9.09%) Senior Developer
5 2 (9.09%) Senior Java Developer
6 1 (4.55%) .NET Software Engineer
6 1 (4.55%) C# Software Engineer
6 1 (4.55%) C++ Software Engineer
6 1 (4.55%) Electronic Trading Developer
6 1 (4.55%) Electronic Trading Java Developer
6 1 (4.55%) Lead Software Engineer
Libraries, Frameworks & Software Standards
1 6 (27.27%) .NET
2 5 (22.73%) .NET Core
2 5 (22.73%) Blazor
3 2 (9.09%) AngularJS
3 2 (9.09%) HTML
3 2 (9.09%) HTML5
3 2 (9.09%) Middleware
Miscellaneous
1 6 (27.27%) Distributed Systems
2 3 (13.64%) Foreign Exchange (FX)
3 2 (9.09%) Algorithms
3 2 (9.09%) Equities
3 2 (9.09%) TWAP
3 2 (9.09%) VWAP
4 1 (4.55%) Cloud Native
4 1 (4.55%) Distributed Computing
4 1 (4.55%) Hedge funds
Operating Systems
1 10 (45.45%) Linux
2 2 (9.09%) Unix
2 2 (9.09%) Windows
Processes & Methodologies
1 15 (68.18%) Electronic Trading
2 14 (63.64%) Market Making
3 10 (45.45%) CI/CD
4 9 (40.91%) Software Engineering
5 7 (31.82%) Continuous Deployment
5 7 (31.82%) Continuous Integration
6 6 (27.27%) Low Latency
6 6 (27.27%) Multithreading
7 4 (18.18%) Continuous Improvement
7 4 (18.18%) Front End Development
7 4 (18.18%) Full-Stack Development
8 3 (13.64%) Internal Audit
8 3 (13.64%) SDLC
8 3 (13.64%) Stakeholder Management
8 3 (13.64%) Validation
8 3 (13.64%) Wealth Management
9 2 (9.09%) Automated Trading
9 2 (9.09%) Data Development
9 2 (9.09%) ETRM
9 2 (9.09%) Problem-Solving
Programming Languages
1 12 (54.55%) C++
2 11 (50.00%) Java
3 10 (45.45%) Python
4 7 (31.82%) C
5 5 (22.73%) C#
6 4 (18.18%) JavaScript
7 2 (9.09%) Go
8 1 (4.55%) PL/SQL
8 1 (4.55%) SQL
8 1 (4.55%) T-SQL
Qualifications
1 1 (4.55%) Computer Science Degree
1 1 (4.55%) Degree
1 1 (4.55%) Master's Degree
Quality Assurance & Compliance
1 3 (13.64%) MiFID
Systems Management
1 1 (4.55%) Kubernetes
Vendors
1 1 (4.55%) MuleSoft
1 1 (4.55%) Oracle