Algorithmic Trading Contracts in London

Algo Trading
England > London

The table below provides summary statistics for contract job vacancies advertised in 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 281 315 350
Rank change year-on-year +34 +35 +86
Contract jobs citing Algorithmic Trading 72 76 146
As % of all contract jobs advertised in London 0.57% 0.43% 0.54%
As % of the Processes & Methodologies category 0.62% 0.48% 0.59%
Number of daily rates quoted 32 70 133
10th Percentile £525 £550 £525
25th Percentile £614 £703 £538
Median daily rate (50th Percentile) £661 £850 £650
Median % change year-on-year -22.29% +30.77% -13.33%
75th Percentile £838 £1,250 £813
90th Percentile £913 - £993
England median daily rate £659 £850 £650
% change year-on-year -22.53% +30.77% -13.33%

All Process and Methodology Skills
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 London.

Contract vacancies with a requirement for process or methodology skills 11,564 15,790 24,631
As % of all contract IT jobs advertised in London 92.16% 88.55% 91.11%
Number of daily rates quoted 7,847 11,316 17,711
10th Percentile £350 £338 £375
25th Percentile £440 £450 £475
Median daily rate (50th Percentile) £550 £550 £590
Median % change year-on-year - -6.78% +2.61%
75th Percentile £688 £675 £700
90th Percentile £813 £800 £800
England median daily rate £525 £525 £550
% change year-on-year - -4.55% +2.33%
Number of hourly rates quoted 166 324 278
10th Percentile £16.17 £16.00 £18.59
25th Percentile £22.68 £20.00 £22.53
Median hourly rate £31.67 £29.50 £38.13
Median % change year-on-year +7.36% -22.62% +5.90%
75th Percentile £50.75 £47.56 £62.64
90th Percentile £63.75 £65.93 £76.78
England median hourly rate £29.07 £36.00 £37.50
% change year-on-year -19.25% -4.00% +53.06%

Algorithmic Trading
Job Vacancy Trend in London

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

Job vacancy trend for Algorithmic Trading in London

Algorithmic Trading
Contractor Daily Rate Trend in London

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

Daily rate trend for Algorithmic Trading in London

Algorithmic Trading
Daily Rate Histogram in London

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

Daily rate histogram for Algorithmic Trading in London

Algorithmic Trading
Contract Job Locations in 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 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
Central London +17 24 £669 -27.70% 6
Algorithmic Trading
England

Algorithmic Trading
Co-occurring Skills and Capabilities in 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 6 (8.33%) BizTalk Server
2 3 (4.17%) Confluence
3 2 (2.78%) Microsoft Exchange
Cloud Services
1 9 (12.50%) Azure
2 6 (8.33%) AWS
2 6 (8.33%) AWS Lambda
2 6 (8.33%) Azure Cosmos DB
2 6 (8.33%) Azure Logic Apps
2 6 (8.33%) Serverless
3 5 (6.94%) Azure Functions
3 5 (6.94%) Azure Storage
Communications & Networking
1 11 (15.28%) FIX Connectivity
2 5 (6.94%) Multicast
3 2 (2.78%) BGP
3 2 (2.78%) Firewall
3 2 (2.78%) HSRP
3 2 (2.78%) IGMP
3 2 (2.78%) OSPF
3 2 (2.78%) VRRP
Database & Business Intelligence
1 6 (8.33%) Azure SQL Database
1 6 (8.33%) MongoDB
2 4 (5.56%) KDB
2 4 (5.56%) SQL Server
Development Applications
1 17 (23.61%) Git
General
1 32 (44.44%) Finance
2 24 (33.33%) Banking
2 24 (33.33%) Social Skills
3 21 (29.17%) Investment Banking
4 17 (23.61%) Front Office
5 12 (16.67%) Financial Institution
6 7 (9.72%) Analytical Skills
7 4 (5.56%) Corporate Banking
7 4 (5.56%) Retail
7 4 (5.56%) Retail Banking
8 2 (2.78%) Advertising
8 2 (2.78%) Presentation Skills
Job Titles
1 27 (37.50%) Developer
2 16 (22.22%) Java Developer
2 16 (22.22%) Software Engineer
3 12 (16.67%) Electronic Trading Developer
3 12 (16.67%) Electronic Trading Java Developer
4 11 (15.28%) Lead
5 9 (12.50%) Algorithm Engineer
5 9 (12.50%) Analyst
5 9 (12.50%) Senior
6 6 (8.33%) Senior Developer
6 6 (8.33%) Test Analyst
7 5 (6.94%) C++ Software Engineer
7 5 (6.94%) Team Leader
8 4 (5.56%) .NET Developer
8 4 (5.56%) Algorithmic Trading Developer
8 4 (5.56%) C++ Developer
8 4 (5.56%) Principal Engineer
8 4 (5.56%) Quantitative Developer
8 4 (5.56%) Software Engineer - Algorithmic Trading
9 3 (4.17%) MiFID Specialist
Libraries, Frameworks & Software Standards
1 14 (19.44%) FIX Protocol
2 13 (18.06%) .NET
3 10 (13.89%) .NET Core
3 10 (13.89%) Blazor
4 2 (2.78%) AngularJS
4 2 (2.78%) HTML
4 2 (2.78%) HTML5
4 2 (2.78%) Middleware
5 1 (1.39%) Ultra Messaging
Miscellaneous
1 19 (26.39%) Distributed Systems
2 18 (25.00%) Algorithms
3 16 (22.22%) Derivative
3 16 (22.22%) Equities
4 14 (19.44%) Hedge funds
5 9 (12.50%) Data Structures
6 8 (11.11%) TWAP
6 8 (11.11%) VWAP
7 7 (9.72%) Foreign Exchange (FX)
8 6 (8.33%) Cloud Native
9 4 (5.56%) Fixed Income
9 4 (5.56%) Legacy Systems
10 3 (4.17%) Enterprise Software
10 3 (4.17%) Renewable Energy
10 3 (4.17%) Solar Panel
10 3 (4.17%) Wiki
11 1 (1.39%) Distributed Computing
Operating Systems
1 23 (31.94%) Linux
2 8 (11.11%) Windows
3 5 (6.94%) Unix
Processes & Methodologies
1 40 (55.56%) Electronic Trading
2 32 (44.44%) Low Latency
3 30 (41.67%) Market Making
4 27 (37.50%) Software Engineering
5 24 (33.33%) CI/CD
6 18 (25.00%) Proprietary Trading
7 14 (19.44%) Agile
7 14 (19.44%) Multithreading
8 13 (18.06%) Continuous Integration
9 12 (16.67%) Continuous Deployment
10 11 (15.28%) Problem-Solving
10 11 (15.28%) Smart Order Routing
11 10 (13.89%) OO
12 9 (12.50%) Computer Science
12 9 (12.50%) Full-Stack Development
12 9 (12.50%) OOP
13 8 (11.11%) Front End Development
13 8 (11.11%) Scrum
13 8 (11.11%) SDLC
13 8 (11.11%) Technical Leadership
Programming Languages
1 33 (45.83%) Java
1 33 (45.83%) Python
2 32 (44.44%) C++
3 14 (19.44%) C
4 12 (16.67%) C#
5 9 (12.50%) JavaScript
6 7 (9.72%) Go
6 7 (9.72%) SQL
7 6 (8.33%) PL/SQL
7 6 (8.33%) T-SQL
Qualifications
1 8 (11.11%) Computer Science Degree
1 8 (11.11%) Degree
1 8 (11.11%) Master's Degree
Quality Assurance & Compliance
1 6 (8.33%) QA
2 4 (5.56%) MiFID
3 2 (2.78%) SEPA
4 1 (1.39%) Data Quality
Systems Management
1 6 (8.33%) Kubernetes
2 2 (2.78%) ZABBIX
Vendors
1 6 (8.33%) MuleSoft
1 6 (8.33%) Oracle
2 3 (4.17%) Murex
3 2 (2.78%) Arista
3 2 (2.78%) Cisco
3 2 (2.78%) Fortinet
4 1 (1.39%) ION Trading
4 1 (1.39%) Microsoft