The following table provides summary statistics for permanent job vacancies advertised in the City of London with a requirement for Algorithmic Trading skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Algorithmic Trading over the 3 months to 25 June 2017 with a comparison to the same period in the previous 2 years.

Algo Trading
London / City of London
3 months to
25 Jun 2017
Same period 2016 Same period 2015
Rank 208 208 256
Rank change year-on-year 0 +48  
Permanent jobs citing Algorithmic Trading 23 53 50
As % of all permanent IT jobs advertised in the City of London 0.45% 0.84% 0.48%
As % of the Processes & Methodologies category 0.50% 0.93% 0.54%
Number of salaries quoted 21 49 48
Median salary £95,000 £80,000 £85,000
Median salary % change year-on-year +18.75% -5.88%  
90% offered a salary of more than £75,000 £60,000 £67,500
10% offered a salary of more than £115,000 £101,000 £110,000
UK excluding London median salary - £50,000 -

Algorithmic Trading is in the process and methodology skills category. The next table is for comparison with the above and provides summary statistics for all permanent job vacancies advertised in the City of London with a requirement for process and methodology skills.

Process & Methodology Skills
City of London
Permanent job vacancies with a requirement for process and methodology skills 4596 5702 9233
As % of all permanent IT job vacancies advertised in the City of London 89.29% 90.61% 89.22%
Number of salaries quoted 4057 5205 7905
Median salary £62,500 £60,000 £57,500
Median salary % change year-on-year +4.16% +4.34%  
90% offered a salary of more than £40,000 £40,000 £39,000
10% offered a salary of more than £85,000 £81,000 £85,000
UK excluding London median salary £45,000 £45,000 £44,000
% change year-on-year - +2.27%  

Algorithmic Trading
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Algorithmic Trading as a proportion of all permanent or contract IT jobs with a match in the Processes & Methodologies category.

Job vacancy trend for Algorithmic Trading in the City of London

Algorithmic Trading
Salary Trend in the City of London

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Algorithmic Trading in the City of London.

Salary trend for Algorithmic Trading in the City of London

Algorithmic Trading
Salary Histogram in the City of London

The salary distribution of IT jobs citing Algorithmic Trading in the City of London over the 3 months to 25 June 2017.

Salary histogram for Algorithmic Trading in the City of London

For the 6 months to 25 June 2017, IT jobs citing Algorithmic Trading also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all job ads across the City of London region with a requirement for Algorithmic Trading.

1 33 (50.77%) Java
2 32 (49.23%) Finance
3 28 (43.08%) Front Office
4 22 (33.85%) Low Latency
5 19 (29.23%) Linux
6 16 (24.62%) Equities
7 15 (23.08%) C++
8 14 (21.54%) Python
8 14 (21.54%) Banking
8 14 (21.54%) Multithreading
9 13 (20.00%) Agile Software Development
9 13 (20.00%) SQL
9 13 (20.00%) Unix
10 12 (18.46%) Hedge funds
11 11 (16.92%) Foreign Exchange (FX)
11 11 (16.92%) Scrum
12 10 (15.38%) Derivative
12 10 (15.38%) Degree
12 10 (15.38%) Perl
12 10 (15.38%) C#
12 10 (15.38%) Market Making
12 10 (15.38%) Fintech
13 9 (13.85%) Computer Science
13 9 (13.85%) .NET
13 9 (13.85%) Software Engineering
13 9 (13.85%) Data Management
14 8 (12.31%) OOP
14 8 (12.31%) FIX Protocol
14 8 (12.31%) Mathematics
15 7 (10.77%) Analytical Skills

Algorithmic Trading
Co-occurring IT Skills in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 3 (4.62%) Confluence
Cloud Services
1 1 (1.54%) SaaS
Database & Business Intelligence
1 6 (9.23%) KDB
1 6 (9.23%) Tick Data
2 2 (3.08%) NoSQL
3 1 (1.54%) Kdb+
Development Applications
1 3 (4.62%) JIRA
2 2 (3.08%) Jenkins
3 1 (1.54%) Cucumber
3 1 (1.54%) FitNesse
3 1 (1.54%) Maven
General
1 32 (49.23%) Finance
2 28 (43.08%) Front Office
3 14 (21.54%) Banking
4 4 (6.15%) Investment Banking
5 3 (4.62%) Games
6 1 (1.54%) Marketing
Job Titles
1 50 (76.92%) Developer
2 26 (40.00%) Java Developer
3 10 (15.38%) Quantitative Developer
4 9 (13.85%) C# Developer
4 9 (13.85%) Java Quantitative Developer
5 8 (12.31%) Algorithmic Trading Developer
5 8 (12.31%) C++ Developer
6 7 (10.77%) F# Developer
7 5 (7.69%) Java Developer - Algorithmic Trading
7 5 (7.69%) KDB Developer
7 5 (7.69%) Trainee
7 5 (7.69%) Trainee Developer
8 4 (6.15%) Senior Developer
9 3 (4.62%) Fidessa Support
9 3 (4.62%) Investment Banking Project Manager
9 3 (4.62%) Project Manager
9 3 (4.62%) Scala Developer
9 3 (4.62%) Senior Java Developer
9 3 (4.62%) Software Developer
9 3 (4.62%) Support Engineer
Libraries, Frameworks & Software Standards
1 9 (13.85%) .NET
2 8 (12.31%) FIX Protocol
3 7 (10.77%) WPF
4 2 (3.08%) Akka
4 2 (3.08%) Angular 2
4 2 (3.08%) AngularJS
4 2 (3.08%) ASP.NET
4 2 (3.08%) Kafka
4 2 (3.08%) Polymer
5 1 (1.54%) Java SE
Miscellaneous
1 16 (24.62%) Equities
2 12 (18.46%) Hedge funds
3 11 (16.92%) Foreign Exchange (FX)
4 10 (15.38%) Derivative
4 10 (15.38%) Fintech
5 9 (13.85%) Computer Science
6 7 (10.77%) Analytical Skills
7 3 (4.62%) Algorithms
8 2 (3.08%) Fixed Income
8 2 (3.08%) Greenfield Project
9 1 (1.54%) Data Structures
9 1 (1.54%) Enterprise Software
9 1 (1.54%) Management Information System
9 1 (1.54%) TWAP
9 1 (1.54%) VWAP
Operating Systems
1 19 (29.23%) Linux
2 13 (20.00%) Unix
3 2 (3.08%) Windows
Processes & Methodologies
1 22 (33.85%) Low Latency
2 14 (21.54%) Multithreading
3 13 (20.00%) Agile Software Development
4 11 (16.92%) Scrum
5 10 (15.38%) Market Making
6 9 (13.85%) Data Management
6 9 (13.85%) Software Engineering
7 8 (12.31%) Mathematics
7 8 (12.31%) OOP
8 7 (10.77%) Physics
9 6 (9.23%) Electronic Trading
9 6 (9.23%) SDLC
10 5 (7.69%) Functional Programming
11 4 (6.15%) High-Frequency Trading
12 3 (4.62%) Automated Trading
12 3 (4.62%) DevOps
12 3 (4.62%) Flow Trading
12 3 (4.62%) Garbage Collection
13 2 (3.08%) Analytics
13 2 (3.08%) Mentoring
Programming Languages
1 33 (50.77%) Java
2 15 (23.08%) C++
3 14 (21.54%) Python
4 13 (20.00%) SQL
5 10 (15.38%) C#
5 10 (15.38%) Perl
6 7 (10.77%) C
6 7 (10.77%) F#
7 3 (4.62%) Scala
8 1 (1.54%) Bash Shell
8 1 (1.54%) PL/SQL
8 1 (1.54%) VB
Qualifications
1 10 (15.38%) Degree
2 7 (10.77%) Computer Science Degree
3 5 (7.69%) PhD
4 2 (3.08%) Numerate Degree
Quality Assurance & Compliance
1 1 (1.54%) Data Quality
1 1 (1.54%) QA
System Software
1 1 (1.54%) Docker
Systems Management
1 2 (3.08%) Ansible
1 2 (3.08%) Opscode Chef
1 2 (3.08%) Puppet
2 1 (1.54%) Kubernetes
Vendors
1 4 (6.15%) Fidessa
2 2 (3.08%) Oracle
2 2 (3.08%) Splunk
2 2 (3.08%) Sybase
3 1 (1.54%) Intel
City, London
TEKsystems
Salary: £60000 - £150000 per annum + bonus and pension
Posted: 19 hours ago
City, London
TEKsystems
Salary: £60000 - £140000 per annum + bonus and pension
Posted: 22 hours ago
City, London
Client Server
Salary: £50k to £65k + bonus + benefits
Posted: Yesterday
City, London
Bank of America Merrill Lynch
Posted: 2 days ago
City, London
Client Server
Salary: £70k to £80k + bonus + benefits
Posted: 3 days ago
City, London
Harrington Starr
Salary: £90000 - £100000 per annum + Bonus and Benefits and Training
Posted: 5 days ago
City, London
Quant Capital
Salary: Up to £80,000 per annum + benefits
Posted: 4 days ago
City, London
Client Server
Salary: £50k to £80k + bonus + benefits
Posted: 5 days ago
City, London
ISL
Salary: £70000 - £100000 per annum + additional benefits
Posted: 5 days ago
City, London
Client Server
Salary: £45k to £50k + bonus + benefits
Posted: 5 days ago
City, London
Understanding Recruitment
Salary: £95000 - £105000 per annum + Bonus, Benefits
Posted: 6 days ago
City, London
Harrington Starr
Posted: 4 days ago
City, London
Client Server
Salary: £85k to £100k + bonus + benefits
Posted: 4 days ago