Java Developer - Algorithmic Trading Contracts in England

Java Developer - Algo Trading
UK > England

The median Java Developer - Algo Trading daily rate in England is £1,125 according to job vacancies posted during the 6 months to 23 April 2024.

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

6 months to
23 Apr 2024
Same period 2023 Same period 2022
Rank 547 662 772
Rank change year-on-year +115 +110 -156
Contract jobs requiring a Java Developer - Algorithmic Trading 3 3 12
As % of all contract jobs advertised in England 0.008% 0.006% 0.017%
As % of the Job Titles category 0.009% 0.006% 0.018%
Number of daily rates quoted 3 3 11
10th Percentile £868 - -
25th Percentile £950 £1,425 £775
Median daily rate (50th Percentile) £1,125 £1,450 £800
Median % change year-on-year -22.41% +81.25% -
75th Percentile £1,163 £1,475 £869
90th Percentile - - £900
UK median daily rate £1,125 £1,450 £800
% change year-on-year -22.41% +81.25% -

All Contract IT Job Vacancies
England

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

Contract vacancies in England with a recognized job title 34,508 48,174 68,262
% of contract IT jobs with a recognized job title 92.70% 94.56% 95.52%
Number of daily rates quoted 22,974 34,135 48,471
10th Percentile £275 £313 £313
25th Percentile £411 £425 £425
Median daily rate (50th Percentile) £525 £550 £525
Median % change year-on-year -4.55% +4.76% +10.53%
75th Percentile £643 £663 £638
90th Percentile £750 £763 £738
UK median daily rate £525 £540 £525
% change year-on-year -2.78% +2.86% +10.53%
Number of hourly rates quoted 2,404 1,457 1,922
10th Percentile £12.92 £14.33 £12.50
25th Percentile £16.30 £20.00 £15.25
Median hourly rate £35.00 £45.00 £22.50
Median % change year-on-year -22.22% +100.00% +0.36%
75th Percentile £60.00 £65.75 £48.49
90th Percentile £72.50 £77.00 £62.15
UK median hourly rate £35.50 £45.00 £23.00
% change year-on-year -21.11% +95.65% +0.94%

Java Developer - Algorithmic Trading
Job Vacancy Trend in England

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

Job vacancy trend for Java Developer - Algorithmic Trading in England

Java Developer - Algorithmic Trading
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing Java Developer - Algorithmic Trading in England.

Daily rate trend for Java Developer - Algorithmic Trading in England

Java Developer - Algorithmic Trading
Daily Rate Histogram in England

Daily rate distribution for jobs citing Java Developer - Algorithmic Trading in England over the 6 months to 23 April 2024.

Daily rate histogram for Java Developer - Algorithmic Trading in England

Java Developer - Algorithmic Trading
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Java Developer - Algorithmic Trading within the England region over the 6 months to 23 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
London +101 3 £1,125 -22.41% 2
Java Developer - Algorithmic Trading
UK

Java Developer - Algorithmic Trading Skill Set
Top 16 Co-occurring Skills and Capabilities in England

For the 6 months to 23 April 2024, Java Developer - Algorithmic Trading contract 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 contract job ads across the England region featuring Java Developer - Algorithmic Trading in the job title.

1 3 (100.00%) Java
1 3 (100.00%) Algorithmic Trading
2 2 (66.67%) Problem-Solving
2 2 (66.67%) SDLC
2 2 (66.67%) Banking
2 2 (66.67%) Investment Banking
3 1 (33.33%) Mathematics
3 1 (33.33%) Computer Science
3 1 (33.33%) Electronic Trading
3 1 (33.33%) Low Latency
3 1 (33.33%) Agile
3 1 (33.33%) Foreign Exchange (FX)
3 1 (33.33%) Front Office
3 1 (33.33%) Finance
3 1 (33.33%) Fixed Income
3 1 (33.33%) Social Skills

Java Developer - Algorithmic Trading Skill Set
Co-occurring Skills and Capabilities in England 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 (66.67%) Banking
1 2 (66.67%) Investment Banking
2 1 (33.33%) Finance
2 1 (33.33%) Front Office
2 1 (33.33%) Social Skills
Miscellaneous
1 1 (33.33%) Fixed Income
1 1 (33.33%) Foreign Exchange (FX)
Processes & Methodologies
1 3 (100.00%) Algorithmic Trading
2 2 (66.67%) Problem-Solving
2 2 (66.67%) SDLC
3 1 (33.33%) Agile
3 1 (33.33%) Computer Science
3 1 (33.33%) Electronic Trading
3 1 (33.33%) Low Latency
3 1 (33.33%) Mathematics
Programming Languages
1 3 (100.00%) Java