Systematic Trading Contracts in the City of Westminster

Systematic Trading (Mechanical Trading)
Central London > City of Westminster

The following table provides summary statistics for contract job vacancies advertised in the City of Westminster 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 1 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
1 May 2024
Same period 2023 Same period 2022
Rank 9 - -
Rank change year-on-year - - -
Contract jobs citing Systematic Trading 4 0 0
As % of all contract jobs advertised in the City of Westminster 9.09% - -
As % of the Processes & Methodologies category 10.00% - -
Number of daily rates quoted 4 0 0
10th Percentile £749 - -
25th Percentile £822 - -
Median daily rate (50th Percentile) £988 - -
75th Percentile £1,100 - -
90th Percentile - - -
Central London median daily rate £988 - -

All Process and Methodology Skills
City of Westminster

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 the City of Westminster with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 40 34 27
As % of all contract IT jobs advertised in the City of Westminster 90.91% 91.89% 84.38%
Number of daily rates quoted 28 25 19
10th Percentile £435 £220 £215
25th Percentile £497 £370 £425
Median daily rate (50th Percentile) £594 £550 £550
Median % change year-on-year +7.95% - -
75th Percentile £806 £650 £717
90th Percentile £956 £850 £810
Central London median daily rate £550 £600 £570
% change year-on-year -8.33% +5.26% +8.57%
Number of hourly rates quoted 2 0 0
Median hourly rate £40.00 - -
Central London median hourly rate £27.81 £35.00 £41.00
% change year-on-year -20.54% -14.63% +105.00%

Systematic Trading
Job Vacancy Trend in the City of Westminster

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

Job vacancy trend for Systematic Trading in the City of Westminster

Systematic Trading
Contractor Daily Rate Trend in the City of Westminster

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

Daily rate trend for Systematic Trading in the City of Westminster

Systematic Trading
Daily Rate Histogram in the City of Westminster

Daily rate distribution for jobs citing Systematic Trading in the City of Westminster over the 6 months to 1 May 2024.

Daily rate histogram for Systematic Trading in the City of Westminster

Systematic Trading
Contract Job Locations in the City of Westminster

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 City of Westminster region over the 6 months to 1 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
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
Mayfair - 4 £988 -
Systematic Trading
Central London

Systematic Trading
Co-occurring Skills and Capabilities in the City of Westminster 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 2 (50.00%) Front Office
Job Titles
1 3 (75.00%) Developer
2 2 (50.00%) Python 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 Engineer
Libraries, Frameworks & Software Standards
1 2 (50.00%) Pandas
2 1 (25.00%) NumPy
2 1 (25.00%) SciPy
Miscellaneous
1 4 (100.00%) Hedge funds
2 2 (50.00%) Fixed Income
3 1 (25.00%) Derivative
3 1 (25.00%) Equities
3 1 (25.00%) Equity Derivative
3 1 (25.00%) Greenfield Project
Processes & Methodologies
1 2 (50.00%) Backtesting
1 2 (50.00%) Visualisation
2 1 (25.00%) Algorithmic Trading
2 1 (25.00%) Analytics
2 1 (25.00%) Automated Trading
2 1 (25.00%) CI/CD
2 1 (25.00%) Data Pipeline
2 1 (25.00%) ETL
2 1 (25.00%) Low Latency
2 1 (25.00%) Multithreading
2 1 (25.00%) Software Engineering
Programming Languages
1 3 (75.00%) Python
2 1 (25.00%) C++
2 1 (25.00%) SQL