Period
to 20 November 2017

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 6 months to 20 November 2017 with a comparison to the same period in the previous 2 years.

Algo Trading
Central London > City of London
6 months to
20 Nov 2017
Same period 2016 Same period 2015
Rank 224 278 277
Rank change year-on-year +54 -1 +77
Permanent jobs citing Algorithmic Trading 96 67 142
As % of all permanent IT jobs advertised in the City of London 0.94% 0.58% 0.83%
As % of the Processes & Methodologies category 1.04% 0.65% 0.93%
Number of salaries quoted 89 58 134
City of London median annual salary £90,000 £95,000 £82,500
Median salary % change year-on-year -5.26% +15.15% +3.13%
10th Percentile £52,500 £48,750 £45,000
90th Percentile £132,500 £124,000 £115,000
Central London median annual salary £90,000 £95,000 £85,000
% change year-on-year -5.26% +11.76% +6.25%

Algorithmic Trading is in the Processes and Methodologies category. The following 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 or methodology skills.

All Process and Methodology Skills
City of London
Permanent vacancies with a requirement for process or methodology skills 9200 10313 15272
As % of all permanent IT jobs advertised in the City of London 90.13% 89.43% 89.11%
Number of salaries quoted 8307 9399 13239
City of London median annual salary £60,000 £60,000 £57,500
Median salary % change year-on-year - +4.35% +4.55%
10th Percentile £36,250 £35,000 £33,750
90th Percentile £93,950 £90,000 £87,500
Central London median annual salary £60,000 £57,500 £57,500
% change year-on-year +4.35% - +4.55%

Algorithmic Trading
Job Vacancy Trend in the City of London

Job postings citing Algorithmic Trading as a percentage of all IT jobs advertised in the City of London.

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 6 months to 20 November 2017.

Salary histogram for Algorithmic Trading in the City of London

Algorithmic Trading
Job Locations in the City of London

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Algorithmic Trading within the City of London region over the 6 months to 20 November 2017. 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
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
Moorgate - 3 £90,000 -
Algorithmic Trading
Central London

For the 6 months to 20 November 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 63 (65.63%) Java
2 51 (53.13%) Front Office
3 42 (43.75%) Finance
4 38 (39.58%) Python
5 31 (32.29%) Foreign Exchange (FX)
6 30 (31.25%) C++
7 25 (26.04%) Multithreading
8 22 (22.92%) Low Latency
9 21 (21.88%) Electronic Trading
10 20 (20.83%) Degree
10 20 (20.83%) Machine Learning
10 20 (20.83%) Agile Software Development
11 19 (19.79%) Linux
12 18 (18.75%) Equities
12 18 (18.75%) Analytics
13 17 (17.71%) Fintech
13 17 (17.71%) Algorithms
14 16 (16.67%) Market Making
14 16 (16.67%) Fixed Income
15 15 (15.63%) Scala
15 15 (15.63%) Computer Science
16 14 (14.58%) Banking
16 14 (14.58%) Risk Management
17 13 (13.54%) C#
17 13 (13.54%) Derivative
18 12 (12.50%) Mathematics
18 12 (12.50%) SQL
19 11 (11.46%) PhD
19 11 (11.46%) Hedge funds
20 10 (10.42%) Scrum

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 9 (9.38%) Apache Spark
2 3 (3.13%) Apache Pig
3 2 (2.08%) Oracle Coherence
Cloud Services
1 8 (8.33%) Amazon AWS
2 4 (4.17%) Amazon EC2
2 4 (4.17%) Amazon S3
3 3 (3.13%) Amazon ELB
3 3 (3.13%) SaaS
4 1 (1.04%) Amazon SQS
4 1 (1.04%) AWS Lambda
4 1 (1.04%) Serverless
Database & Business Intelligence
1 9 (9.38%) Hadoop
2 6 (6.25%) NoSQL
3 5 (5.21%) KDB
4 3 (3.13%) Amazon RDS
4 3 (3.13%) Apache Hive
4 3 (3.13%) Big Data
4 3 (3.13%) Data Mining
4 3 (3.13%) Flink
4 3 (3.13%) SQL Server
5 1 (1.04%) MySQL
Development Applications
1 5 (5.21%) GoogleTest
2 4 (4.17%) JUnit
3 3 (3.13%) Git (software)
4 2 (2.08%) EasyMock
4 2 (2.08%) Gradle
4 2 (2.08%) JIRA
4 2 (2.08%) Maven
4 2 (2.08%) Mockito
5 1 (1.04%) Cucumber
5 1 (1.04%) FitNesse
5 1 (1.04%) IntelliJ
5 1 (1.04%) Jenkins
5 1 (1.04%) Sonatype Nexus
5 1 (1.04%) Vagrant
General
1 51 (53.13%) Front Office
2 42 (43.75%) Finance
3 14 (14.58%) Banking
4 4 (4.17%) Back Office
5 2 (2.08%) Games
5 2 (2.08%) Investment Banking
Job Titles
1 74 (77.08%) Developer
2 38 (39.58%) Java Developer
3 26 (27.08%) Quantitative Developer
4 20 (20.83%) Java Quantitative Developer
5 15 (15.63%) Algorithmic Trading Developer
6 14 (14.58%) C++ Developer
7 12 (12.50%) Senior Developer
8 10 (10.42%) Python Developer
9 9 (9.38%) C++ Developer - Algorithmic Trading
9 9 (9.38%) Electronic Trading Developer
9 9 (9.38%) Electronic Trading Java Developer
10 6 (6.25%) C++ Quantitative Developer
10 6 (6.25%) DevOps Engineer
10 6 (6.25%) Senior Python Developer
11 5 (5.21%) C++/Java Developer
11 5 (5.21%) Java Developer - Algorithmic Trading
12 4 (4.17%) Senior Algorithmic Trading Developer
13 3 (3.13%) Data Scientist
13 3 (3.13%) Machine Learning Engineer
13 3 (3.13%) Scala Developer
Libraries, Frameworks & Software Standards
1 9 (9.38%) React
2 8 (8.33%) Akka
3 7 (7.29%) FIX Protocol
4 6 (6.25%) GraphX
4 6 (6.25%) Kafka
4 6 (6.25%) Spring
5 5 (5.21%) .NET
5 5 (5.21%) Boost C++ Libraries
5 5 (5.21%) Hibernate
5 5 (5.21%) WPF
6 3 (3.13%) Django
6 3 (3.13%) Elastic Stack
6 3 (3.13%) JMS
6 3 (3.13%) Redux
6 3 (3.13%) TensorFlow
7 2 (2.08%) ASP.NET
7 2 (2.08%) Drools
7 2 (2.08%) JMX
7 2 (2.08%) Play Framework
7 2 (2.08%) Rendezvous
Miscellaneous
1 31 (32.29%) Foreign Exchange (FX)
2 18 (18.75%) Equities
3 17 (17.71%) Algorithms
3 17 (17.71%) Fintech
4 16 (16.67%) Fixed Income
5 15 (15.63%) Computer Science
6 13 (13.54%) Derivative
7 11 (11.46%) Hedge funds
8 7 (7.29%) Analytical Skills
9 6 (6.25%) Greenfield Project
10 5 (5.21%) Data Structures
Operating Systems
1 19 (19.79%) Linux
2 6 (6.25%) Windows
3 1 (1.04%) Mac OS X
3 1 (1.04%) Unix
Processes & Methodologies
1 25 (26.04%) Multithreading
2 22 (22.92%) Low Latency
3 21 (21.88%) Electronic Trading
4 20 (20.83%) Agile Software Development
4 20 (20.83%) Machine Learning
5 18 (18.75%) Analytics
6 16 (16.67%) Market Making
7 14 (14.58%) Risk Management
8 12 (12.50%) Mathematics
9 10 (10.42%) DevOps
9 10 (10.42%) Scrum
10 9 (9.38%) Performance Tuning
10 9 (9.38%) Predictive Analytics
11 6 (6.25%) Data Modelling
11 6 (6.25%) Memory Management
11 6 (6.25%) Pattern Recognition
11 6 (6.25%) Software Engineering
11 6 (6.25%) Systematic Trading
12 5 (5.21%) Quantitative Risk Management
13 4 (4.17%) Mentoring
Programming Languages
1 63 (65.63%) Java
2 38 (39.58%) Python
3 30 (31.25%) C++
4 15 (15.63%) Scala
5 13 (13.54%) C#
6 12 (12.50%) SQL
7 2 (2.08%) F#
7 2 (2.08%) JavaScript
7 2 (2.08%) Shell Script
8 1 (1.04%) Perl
Qualifications
1 20 (20.83%) Degree
2 11 (11.46%) PhD
3 1 (1.04%) Computer Science Degree
Quality Assurance & Compliance
1 2 (2.08%) QA
System Software
1 6 (6.25%) Apache Flume
2 3 (3.13%) Docker
3 2 (2.08%) GridGain
Systems Management
1 6 (6.25%) Hadoop YARN
1 6 (6.25%) Kubernetes
1 6 (6.25%) Mesos
2 4 (4.17%) Nagios
Vendors
1 5 (5.21%) TIBCO
2 3 (3.13%) Oracle
2 3 (3.13%) Solace
2 3 (3.13%) Tableau
3 2 (2.08%) Fidessa
3 2 (2.08%) Sybase