Senior Algorithm Engineer Contract Job Trends in London

Senior Algorithm Engineer
England > London

As of 10 May 2026, there is not enough information available from job vacancies posted within the last 6 months to determine the median Senior Algorithm Engineer daily rate in London.

6 months to
10 May 2026
Same period 2025 Same period 2024
Rank 405 - -
Rank change year-on-year - - -
Contract jobs requiring a Senior Algorithm Engineer 9 0 0
As % of all contract jobs in London 0.050% - -
As % of the Job Titles category 0.054% - -
Number of daily rates quoted 0 0 0
Median daily rate (50th Percentile) - - -
England median daily rate - - -

All Contract IT Job Roles
London

For comparison with the information above, the following table provides summary statistics for all contract IT job vacancies in London. 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 London with a recognized job title 16,599 11,739 16,503
% of contract IT jobs with a recognized job title 92.74% 93.37% 93.33%
Number of daily rates quoted 11,021 8,044 11,935
10th Percentile £350 £345 £325
25th Percentile £426 £429 £445
Median daily rate (50th Percentile) £525 £550 £550
Median % change year-on-year -4.55% - -4.35%
75th Percentile £650 £680 £684
90th Percentile £755 £800 £800
England median daily rate £513 £525 £525
% change year-on-year -2.38% - -4.55%
Number of hourly rates quoted 271 147 328
10th Percentile £18.75 £20.37 £16.00
25th Percentile £24.03 £24.09 £20.02
Median hourly rate £37.50 £34.00 £27.50
Median % change year-on-year +10.29% +23.64% -23.61%
75th Percentile £63.21 £50.75 £45.18
90th Percentile £76.58 £65.00 £65.01
England median hourly rate £47.00 £30.40 £37.18
% change year-on-year +54.61% -18.24% -17.38%

Senior Algorithm Engineer
Job Vacancy Trend in London

Historical trend showing the proportion of contract IT job postings featuring 'Senior Algorithm Engineer' in the job title relative to all contract IT jobs advertised in London.

Senior Algorithm Engineer job vacancy trend in London

Senior Algorithm Engineer
Daily Rate Trend in London

Contractor daily rate distribution trend for Senior Algorithm Engineer job vacancies in London.

Contractor daily rate distribution trend for Senior Algorithm Engineer job vacancies in London

Senior Algorithm Engineer Skill Set
Top 30 Co-Occurring Skills & Capabilities in London

For the 6 months to 10 May 2026, Senior Algorithm Engineer contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number of co-occurrences and as a proportion of all contract job ads across the London region featuring Senior Algorithm Engineer in the job title.

1 9 (100.00%) Algorithmic Trading
2 8 (88.89%) Electronic Trading
2 8 (88.89%) Java
3 5 (55.56%) FIX Protocol
3 5 (55.56%) Low Latency
4 4 (44.44%) CI/CD
4 4 (44.44%) Event-Driven
4 4 (44.44%) Event-Driven Architecture
4 4 (44.44%) Java Concurrency
4 4 (44.44%) Smart Order Routing
5 1 (11.11%) Analytical Thinking
5 1 (11.11%) C#
5 1 (11.11%) C++
5 1 (11.11%) Code Quality
5 1 (11.11%) Full-Stack Development
5 1 (11.11%) HTTP
5 1 (11.11%) Multithreaded Programming
5 1 (11.11%) Multithreading
5 1 (11.11%) Observability
5 1 (11.11%) Performance Engineering
5 1 (11.11%) PowerShell
5 1 (11.11%) Problem-Solving
5 1 (11.11%) Python
5 1 (11.11%) Rust
5 1 (11.11%) Software Engineering
5 1 (11.11%) SQL
5 1 (11.11%) Test Automation
5 1 (11.11%) TypeScript
5 1 (11.11%) Ultra-Low Latency
5 1 (11.11%) WebSockets

Senior Algorithm Engineer Skill Set
Co-Occurring Skills & Capabilities in London by Category

The following tables expand on the one above by listing co-occurrences grouped by category. They cover the same employment type, locality and period, with up to 20 co-occurrences shown in each category:

Communications & Networking
1 1 (11.11%) HTTP
General
1 8 (88.89%) Front Office
2 1 (11.11%) Analytical Skills
2 1 (11.11%) Banking
2 1 (11.11%) Finance
2 1 (11.11%) Investment Banking
2 1 (11.11%) Social Skills
Libraries, Frameworks & Software Standards
1 5 (55.56%) FIX Protocol
2 4 (44.44%) Java Concurrency
3 1 (11.11%) WebSockets
Miscellaneous
1 4 (44.44%) TWAP
1 4 (44.44%) VWAP
2 1 (11.11%) Algorithms
2 1 (11.11%) Data Structures
2 1 (11.11%) Derivative
2 1 (11.11%) Distributed Systems
2 1 (11.11%) Self-Motivation
Processes & Methodologies
1 9 (100.00%) Algorithmic Trading
2 8 (88.89%) Electronic Trading
3 5 (55.56%) Low Latency
4 4 (44.44%) CI/CD
4 4 (44.44%) Event-Driven
4 4 (44.44%) Event-Driven Architecture
4 4 (44.44%) Smart Order Routing
5 1 (11.11%) Analytical Thinking
5 1 (11.11%) Code Quality
5 1 (11.11%) Full-Stack Development
5 1 (11.11%) Multithreaded Programming
5 1 (11.11%) Multithreading
5 1 (11.11%) Observability
5 1 (11.11%) Performance Engineering
5 1 (11.11%) Problem-Solving
5 1 (11.11%) Software Engineering
5 1 (11.11%) Test Automation
5 1 (11.11%) Ultra-Low Latency
Programming Languages
1 8 (88.89%) Java
2 1 (11.11%) C#
2 1 (11.11%) C++
2 1 (11.11%) PowerShell
2 1 (11.11%) Python
2 1 (11.11%) Rust
2 1 (11.11%) SQL
2 1 (11.11%) TypeScript