Systematic Trading Contracts with Work from Home Options

Systematic Trading (Mechanical Trading)
UK > Work from Home

The table below provides summary statistics for contract job vacancies with an option to work from home (WFH) and 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 7 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
7 May 2024
Same period 2023 Same period 2022
Rank 328 466 616
Rank change year-on-year +138 +150 -132
Contract jobs citing Systematic Trading 13 1 3
As % of all contract jobs with a WFH option 0.087% 0.004% 0.007%
As % of the Processes & Methodologies category 0.098% 0.004% 0.007%
Number of daily rates quoted 9 0 3
10th Percentile £830 - £585
25th Percentile £1,150 - £600
Median daily rate (50th Percentile) £1,250 - £650
Median % change year-on-year - - -10.34%
75th Percentile - - £675
90th Percentile - - -
UK median daily rate £1,175 £1,125 £650
% change year-on-year +4.44% +73.08% -13.33%

All Process and Methodology Skills
Work from Home

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 with a WFH option and a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 13,215 22,550 40,272
As % of all contract jobs with a WFH option 87.97% 89.75% 91.08%
Number of daily rates quoted 8,849 15,929 29,247
10th Percentile £325 £363 £362
25th Percentile £425 £450 £431
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +7.69%
75th Percentile £638 £650 £630
90th Percentile £750 £750 £725
UK median daily rate £525 £550 £530
% change year-on-year -4.55% +3.77% +8.72%
Number of hourly rates quoted 572 522 532
10th Percentile £15.02 £18.63 £13.75
25th Percentile £25.38 £30.00 £20.00
Median hourly rate £43.00 £55.00 £35.00
Median % change year-on-year -21.82% +57.14% +41.16%
75th Percentile £60.00 £69.31 £55.38
90th Percentile £75.00 £80.25 £67.50
UK median hourly rate £36.50 £36.00 £25.00
% change year-on-year +1.39% +44.00% +2.04%

Systematic Trading
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Systematic Trading as a proportion of all IT jobs advertised.

Systematic Trading trend for jobs with a WFH option

Systematic Trading
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing Systematic Trading.

Systematic Trading daily rate for jobs with a WFH option

Systematic Trading
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Systematic Trading over the 6 months to 7 May 2024.

Systematic Trading daily rate histogram for jobs with a WFH option

Systematic Trading
Co-occurring Skills and Capabilities with WFH Options 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 (7.69%) Apache Airflow
Cloud Services
1 1 (7.69%) AWS
1 1 (7.69%) Snowflake
General
1 2 (15.38%) Finance
2 1 (7.69%) Front Office
Job Titles
1 11 (84.62%) Developer
2 9 (69.23%) C++ Developer
2 9 (69.23%) Low Latency C++ Developer
3 1 (7.69%) Data Engineer
3 1 (7.69%) Python Data Engineer
3 1 (7.69%) Python Developer
3 1 (7.69%) Python Engineer
3 1 (7.69%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 1 (7.69%) Pandas
Miscellaneous
1 11 (84.62%) Hedge funds
2 9 (69.23%) Algorithms
2 9 (69.23%) Equity Derivative
3 7 (53.85%) Derivative
4 1 (7.69%) Fixed Income
Processes & Methodologies
1 9 (69.23%) Algorithmic Trading
1 9 (69.23%) Analytics
1 9 (69.23%) Low Latency
2 2 (15.38%) Collaborative Culture
2 2 (15.38%) Computer Science
2 2 (15.38%) Data Validation
2 2 (15.38%) Quantitative Finance
2 2 (15.38%) Test Automation
2 2 (15.38%) Validation
3 1 (7.69%) Backtesting
3 1 (7.69%) CI/CD
3 1 (7.69%) Data Pipeline
3 1 (7.69%) ETL
3 1 (7.69%) Visualisation
Programming Languages
1 11 (84.62%) C++
2 4 (30.77%) Python
3 2 (15.38%) C#
3 2 (15.38%) Java
4 1 (7.69%) SQL
Qualifications
1 2 (15.38%) Degree
1 2 (15.38%) Master's Degree
1 2 (15.38%) PhD