Algorithmic Trading Developer Contracts

Algo Trading Developer
UK

The median Algo Trading Developer daily rate in the UK is £850, according to job vacancies posted in the 6 months leading up to 1 May 2025.

The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 516 578 715
Rank change year-on-year +62 +137 +130
Contract jobs requiring an Algorithmic Trading Developer 4 4 3
As % of all contract jobs advertised in the UK 0.014% 0.009% 0.005%
As % of the Job Titles category 0.015% 0.010% 0.005%
Number of daily rates quoted 3 4 3
10th Percentile £775 £839 -
25th Percentile £794 £878 £1,425
Median daily rate (50th Percentile) £850 £1,063 £1,450
Median % change year-on-year -20.00% -26.72% +81.25%
75th Percentile £888 £1,163 £1,475
90th Percentile £895 - -
UK excluding London median daily rate - - -

All Contract IT Job Vacancies
UK

For comparison with the information above, the following table provides summary statistics for all contract IT job vacancies. 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 the UK with a recognized job title 27,084 40,415 56,464
% of contract IT jobs with a recognized job title 92.52% 92.78% 94.61%
Number of daily rates quoted 17,692 26,309 39,470
10th Percentile £300 £275 £313
25th Percentile £406 £410 £425
Median daily rate (50th Percentile) £515 £525 £540
Median % change year-on-year -1.90% -2.78% +2.86%
75th Percentile £625 £638 £650
90th Percentile £738 £750 £750
UK excluding London median daily rate £475 £492 £500
% change year-on-year -3.46% -1.60% +5.26%
Number of hourly rates quoted 1,035 2,664 1,570
10th Percentile £14.07 £12.86 £14.29
25th Percentile £18.50 £16.30 £19.50
Median hourly rate £29.00 £36.42 £45.00
Median % change year-on-year -20.37% -19.07% +91.49%
75th Percentile £62.50 £60.75 £65.75
90th Percentile £75.00 £72.50 £75.75
UK excluding London median hourly rate £28.00 £39.55 £42.50
% change year-on-year -29.20% -6.94% +117.95%

Algorithmic Trading Developer
Job Vacancy Trend

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

Job vacancy trend for Algorithmic Trading Developer in the UK

Algorithmic Trading Developer
Contractor Daily Rate Trend

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

Daily rate trend for Algorithmic Trading Developer in the UK

Algorithmic Trading Developer
Daily Rate Histogram

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

Daily rate histogram for Algorithmic Trading Developer in the UK

Algorithmic Trading Developer
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Algorithmic Trading Developer within the UK 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
England +57 4 £850 -20.00% 10
London +38 4 £850 -20.00% 10
Work from Home - 1 £775 - 2

Algorithmic Trading Developer Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 1 May 2025, Algorithmic Trading Developer 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 featuring Algorithmic Trading Developer in the job title.

1 4 (100.00%) Algorithmic Trading
2 3 (75.00%) Multithreading
2 3 (75.00%) C++
2 3 (75.00%) Python
3 2 (50.00%) JavaScript
3 2 (50.00%) PL/SQL
3 2 (50.00%) SQL
3 2 (50.00%) T-SQL
3 2 (50.00%) .NET
3 2 (50.00%) Oracle
3 2 (50.00%) Windows
3 2 (50.00%) BizTalk Server
3 2 (50.00%) Finance
3 2 (50.00%) Agile
3 2 (50.00%) Azure
3 2 (50.00%) AWS
3 2 (50.00%) MongoDB
3 2 (50.00%) Azure SQL Database
3 2 (50.00%) .NET Core
3 2 (50.00%) Full-Stack Development
3 2 (50.00%) CI/CD
3 2 (50.00%) Go
3 2 (50.00%) Low Latency
3 2 (50.00%) Microservices
3 2 (50.00%) Kubernetes
3 2 (50.00%) MuleSoft
3 2 (50.00%) SDLC
3 2 (50.00%) Front End Development
3 2 (50.00%) AWS Lambda
3 2 (50.00%) Cloud Native

Algorithmic Trading Developer Skill Set
Co-occurring Skills and Capabilities 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 2 (50.00%) BizTalk Server
Cloud Services
1 2 (50.00%) AWS
1 2 (50.00%) AWS Lambda
1 2 (50.00%) Azure
1 2 (50.00%) Azure Cosmos DB
1 2 (50.00%) Azure Functions
1 2 (50.00%) Azure Logic Apps
1 2 (50.00%) Azure Storage
1 2 (50.00%) Serverless
Database & Business Intelligence
1 2 (50.00%) Azure SQL Database
1 2 (50.00%) MongoDB
General
1 2 (50.00%) Finance
2 1 (25.00%) Banking
2 1 (25.00%) Front Office
2 1 (25.00%) Investment Banking
2 1 (25.00%) Presentation Skills
2 1 (25.00%) Social Skills
Libraries, Frameworks & Software Standards
1 2 (50.00%) .NET
1 2 (50.00%) .NET Core
1 2 (50.00%) Blazor
Miscellaneous
1 2 (50.00%) Cloud Native
2 1 (25.00%) Foreign Exchange (FX)
2 1 (25.00%) Legacy Systems
2 1 (25.00%) Renewable Energy
2 1 (25.00%) Solar Panel
2 1 (25.00%) TWAP
2 1 (25.00%) VWAP
Operating Systems
1 2 (50.00%) Windows
Processes & Methodologies
1 4 (100.00%) Algorithmic Trading
2 3 (75.00%) Multithreading
3 2 (50.00%) Agile
3 2 (50.00%) CI/CD
3 2 (50.00%) Data Development
3 2 (50.00%) Front End Development
3 2 (50.00%) Full-Stack Development
3 2 (50.00%) Low Latency
3 2 (50.00%) Microservices
3 2 (50.00%) SDLC
4 1 (25.00%) Electronic Trading
4 1 (25.00%) Event-Driven
4 1 (25.00%) Event-Driven Architecture
4 1 (25.00%) FX Algorithmic Trading
4 1 (25.00%) High Availability
Programming Languages
1 3 (75.00%) C++
1 3 (75.00%) Python
2 2 (50.00%) Go
2 2 (50.00%) JavaScript
2 2 (50.00%) PL/SQL
2 2 (50.00%) SQL
2 2 (50.00%) T-SQL
3 1 (25.00%) C#
3 1 (25.00%) Java
Systems Management
1 2 (50.00%) Kubernetes
Vendors
1 2 (50.00%) MuleSoft
1 2 (50.00%) Oracle