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 29 March 2017 with a comparison to the same period in the previous 2 years.

Algo Trading
London / City of London
3 months to
29 Mar 2017
Same period 2016 Same period 2015
Rank 183 196 251
Rank change year-on-year +13 +55  
Permanent jobs citing Algorithmic Trading 40 72 68
As % of all permanent IT jobs advertised in the City of London 0.78% 1.00% 0.65%
As % of the Processes & Methodologies category 0.86% 1.11% 0.75%
Number of salaries quoted 31 67 66
Median salary £50,000 £75,000 £85,000
Median salary % change year-on-year -33.33% -11.76%  
90% offered a salary of more than £45,000 £55,500 £43,750
10% offered a salary of more than £90,000 £95,000 £101,250
UK excluding London median salary £60,000 £55,000 £20,000
% change year-on-year +9.09% +175.00%  

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 4654 6484 9126
As % of all permanent IT job vacancies advertised in the City of London 90.46% 90.31% 87.84%
Number of salaries quoted 4254 5773 7692
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 £41,000 £42,000 £37,500
10% offered a salary of more than £85,000 £82,500 £85,000
UK excluding London median salary £45,000 £45,000 £43,000
% change year-on-year - +4.65%  

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 29 March 2017.

Salary histogram for Algorithmic Trading in the City of London

For the 6 months to 29 March 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 30 (43.48%) Linux
2 28 (40.58%) Low Latency
3 25 (36.23%) Java
4 24 (34.78%) Unix
4 24 (34.78%) Front Office
5 23 (33.33%) Finance
6 22 (31.88%) C++
6 22 (31.88%) Python
6 22 (31.88%) Multithreading
7 19 (27.54%) Equities
8 16 (23.19%) Degree
8 16 (23.19%) Hedge funds
8 16 (23.19%) Market Making
9 15 (21.74%) Electronic Trading
10 14 (20.29%) Computer Science
10 14 (20.29%) Perl
11 13 (18.84%) SQL
12 12 (17.39%) Mathematics
13 11 (15.94%) C
14 10 (14.49%) Software Engineering
15 9 (13.04%) FIX Protocol
15 9 (13.04%) Data Management
15 9 (13.04%) Fintech
15 9 (13.04%) Analytical Skills
15 9 (13.04%) High-Frequency Trading
16 8 (11.59%) C#
16 8 (11.59%) OOP
16 8 (11.59%) Physics
16 8 (11.59%) Banking
16 8 (11.59%) Puppet

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 (4.35%) Confluence
2 1 (1.45%) IPython
Applications
1 1 (1.45%) MS Excel
1 1 (1.45%) Spreadsheet
Communications & Networking
1 1 (1.45%) FIX Connectivity
Database & Business Intelligence
1 7 (10.14%) KDB
2 6 (8.70%) Tick Data
3 2 (2.90%) NoSQL
3 2 (2.90%) PostgreSQL
4 1 (1.45%) Kdb+
Development Applications
1 8 (11.59%) Jenkins
2 3 (4.35%) JIRA
2 3 (4.35%) Maven
General
1 24 (34.78%) Front Office
2 23 (33.33%) Finance
3 8 (11.59%) Banking
4 3 (4.35%) Games
4 3 (4.35%) Investment Banking
5 2 (2.90%) Marketing
6 1 (1.45%) French Language
6 1 (1.45%) German Language
6 1 (1.45%) Spanish Language
Job Titles
1 49 (71.01%) Developer
2 20 (28.99%) Java Developer
3 13 (18.84%) C++ Developer
4 11 (15.94%) Algorithmic Trading Developer
5 7 (10.14%) C# Developer
6 6 (8.70%) Java Developer - Algorithmic Trading
6 6 (8.70%) Linux Engineer
6 6 (8.70%) Linux Systems Engineer
6 6 (8.70%) Python Developer
6 6 (8.70%) Unix Engineer
6 6 (8.70%) Unix Linux Engineer
7 5 (7.25%) KDB Developer
7 5 (7.25%) Trainee
7 5 (7.25%) Trainee Developer
8 4 (5.80%) Analyst
8 4 (5.80%) F# Developer
8 4 (5.80%) Senior Developer
8 4 (5.80%) Site Engineer
9 3 (4.35%) Investment Banking Project Manager
9 3 (4.35%) Support Engineer
Libraries, Frameworks & Software Standards
1 9 (13.04%) FIX Protocol
2 7 (10.14%) .NET
3 5 (7.25%) Boost C++ Libraries
3 5 (7.25%) STL
3 5 (7.25%) WPF
4 3 (4.35%) ASP.NET
4 3 (4.35%) Java SE
4 3 (4.35%) Pandas
5 2 (2.90%) Akka
5 2 (2.90%) Angular 2
5 2 (2.90%) AngularJS
5 2 (2.90%) Django
5 2 (2.90%) Kafka
5 2 (2.90%) Polymer
6 1 (1.45%) Java Concurrency
6 1 (1.45%) Middleware
6 1 (1.45%) NumPy
6 1 (1.45%) SciPy
6 1 (1.45%) XML
Miscellaneous
1 19 (27.54%) Equities
2 16 (23.19%) Hedge funds
3 14 (20.29%) Computer Science
4 9 (13.04%) Analytical Skills
4 9 (13.04%) Fintech
5 7 (10.14%) Algorithms
5 7 (10.14%) Fixed Income
6 2 (2.90%) Foreign Exchange (FX)
6 2 (2.90%) VWAP
7 1 (1.45%) Data Structures
7 1 (1.45%) Derivative
7 1 (1.45%) Enterprise Software
7 1 (1.45%) Management Information System
7 1 (1.45%) TWAP
Operating Systems
1 30 (43.48%) Linux
2 24 (34.78%) Unix
3 4 (5.80%) Windows
Processes & Methodologies
1 28 (40.58%) Low Latency
2 22 (31.88%) Multithreading
3 16 (23.19%) Market Making
4 15 (21.74%) Electronic Trading
5 12 (17.39%) Mathematics
6 10 (14.49%) Software Engineering
7 9 (13.04%) Data Management
7 9 (13.04%) High-Frequency Trading
8 8 (11.59%) OOP
8 8 (11.59%) Physics
9 6 (8.70%) DevOps
9 6 (8.70%) SDLC
10 5 (7.25%) Agile Software Development
11 4 (5.80%) Multithreaded Programming
12 3 (4.35%) Flow Trading
12 3 (4.35%) Garbage Collection
12 3 (4.35%) MVC
12 3 (4.35%) Statistics
13 2 (2.90%) Business Analysis
13 2 (2.90%) Product Management
Programming Languages
1 25 (36.23%) Java
2 22 (31.88%) C++
2 22 (31.88%) Python
3 14 (20.29%) Perl
4 13 (18.84%) SQL
5 11 (15.94%) C
6 8 (11.59%) C#
7 4 (5.80%) F#
8 2 (2.90%) Bash Shell
9 1 (1.45%) PL/SQL
9 1 (1.45%) VB
Qualifications
1 16 (23.19%) Degree
2 5 (7.25%) PhD
Quality Assurance & Compliance
1 1 (1.45%) Data Quality
1 1 (1.45%) QA
Systems Management
1 8 (11.59%) Puppet
2 6 (8.70%) Ansible
2 6 (8.70%) Opscode Chef
3 1 (1.45%) ITRS Geneos
Vendors
1 6 (8.70%) Splunk
2 3 (4.35%) Fidessa
3 1 (1.45%) Intel
3 1 (1.45%) Oracle
3 1 (1.45%) Sybase
City, London
Client Server
Salary: £120k to £150k + bonus + benefits
Posted: 8 hours ago
City, London
Client Server
Salary: £80k to £85k + bonus + benefits
Posted: 3 hours ago
City, London
Energon People
Salary: £70000.00 - £100000.00 per annum + benefits + bonus
Posted: Yesterday
City, London
Client Server
Salary: £25k to £35k + bonus + benefits
Posted: Yesterday
City, London
TEKsystems
Salary: £70000 - £130000 per annum + bonus and pension
Posted: 4 days ago
City, London
Client Server
Salary: £90k to £120k + bonus + benefits
Posted: 5 days ago
City, London
Spencer Rose
Salary: From £60,000 to £70,000 per annum Bonus + Benefits Package
Posted: 4 days ago
City, London
TEKsystems
Salary: £50000 - £120000 per annum
Posted: 4 days ago
City, London
Client Server
Salary: £65k to £80k + bonus + benefits
Posted: 6 days ago
City, London
Client Server
Salary: £45k to £50k + bonus + benefits
Posted: 6 days ago