Period
to 28 November 2020

The median annual salary for an Algorithmic Trading Developer was £105,000 in advertised job vacancies in London during the 6 months to 28 November 2020.

The first table below provides salary benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Algo Trading Developer
England > London
6 months to
28 Nov 2020
Same period 2019 Same period 2018
Rank 471 707 762
Rank change year-on-year +236 +55 +44
Permanent jobs requiring an Algorithmic Trading Developer 11 8 49
As % of all permanent jobs advertised in London 0.050% 0.015% 0.073%
As % of the Job Titles category 0.054% 0.016% 0.077%
Number of salaries quoted 18 8 45
Median annual salary £105,000 £120,000 £95,000
Median salary % change year-on-year -12.50% +26.32% -5.00%
10th Percentile £87,500 £100,750 £57,500
90th Percentile £126,250 £135,750 £114,000
England median annual salary £105,000 £120,000 £95,000
% change year-on-year -12.50% +26.32% -5.00%

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies advertised in London. 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 permanent jobs in our overall sample.

All Permanent IT Job Vacancies
London
Permanent vacancies in London with a recognized job title 20,414 51,497 63,729
% of permanent IT jobs with a recognized job title 93.59% 94.87% 95.34%
Number of salaries quoted 17,216 41,872 52,420
Median annual salary £67,500 £65,000 £60,000
Median salary % change year-on-year +3.85% +8.33% -
10th Percentile £41,250 £35,000 £33,250
90th Percentile £102,500 £97,500 £93,750
England median annual salary £55,000 £52,500 £50,000
% change year-on-year +4.76% +5.00% -

Algorithmic Trading Developer
Job Vacancy Trend in London

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

Job vacancy trend for Algorithmic Trading Developer in London

Algorithmic Trading Developer
Salary Trend in London

3-month moving average salary quoted in jobs citing Algorithmic Trading Developer in London.

Salary trend for Algorithmic Trading Developer in London

Algorithmic Trading Developer
Salary Histogram in London

Salary distribution for jobs citing Algorithmic Trading Developer in London over the 6 months to 28 November 2020.

Salary histogram for Algorithmic Trading Developer in London

Algorithmic Trading Developer Skill Set
Top 28 Co-occurring IT Skills in London

For the 6 months to 28 November 2020, Algorithmic Trading Developer job roles required the following IT skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads across the London region featuring Algorithmic Trading Developer in the job title.

1 11 (100.00%) Java
1 11 (100.00%) Algorithmic Trading
2 9 (81.82%) Low Latency
2 9 (81.82%) Foreign Exchange (FX)
2 9 (81.82%) Multithreading
3 7 (63.64%) Fixed Income
3 7 (63.64%) Multithreaded Programming
3 7 (63.64%) FX Algorithmic Trading
3 7 (63.64%) SDLC
3 7 (63.64%) Fintech
4 4 (36.36%) Equities
5 2 (18.18%) Test Automation
5 2 (18.18%) Memory Management
5 2 (18.18%) BDD
5 2 (18.18%) TDD
5 2 (18.18%) Banking
5 2 (18.18%) Investment Banking
5 2 (18.18%) FIX Protocol
5 2 (18.18%) Mathematics
5 2 (18.18%) Physics
5 2 (18.18%) Computer Science
5 2 (18.18%) Backtesting
5 2 (18.18%) FIX Connectivity
5 2 (18.18%) Java 8
5 2 (18.18%) Market Making
5 2 (18.18%) Concurrent Programming
5 2 (18.18%) Unit Testing
5 2 (18.18%) Integration Testing

Algorithmic Trading Developer Skill Set
Co-occurring IT Skills in 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:

Communications & Networking
1 2 (18.18%) FIX Connectivity
General
1 2 (18.18%) Banking
1 2 (18.18%) Investment Banking
Libraries, Frameworks & Software Standards
1 2 (18.18%) FIX Protocol
Miscellaneous
1 9 (81.82%) Foreign Exchange (FX)
2 7 (63.64%) Fixed Income
3 4 (36.36%) Equities
Processes & Methodologies
1 11 (100.00%) Algorithmic Trading
2 9 (81.82%) Low Latency
2 9 (81.82%) Multithreading
3 7 (63.64%) Fintech
3 7 (63.64%) FX Algorithmic Trading
3 7 (63.64%) Multithreaded Programming
3 7 (63.64%) SDLC
4 2 (18.18%) Backtesting
4 2 (18.18%) BDD
4 2 (18.18%) Computer Science
4 2 (18.18%) Concurrent Programming
4 2 (18.18%) Integration Testing
4 2 (18.18%) Market Making
4 2 (18.18%) Mathematics
4 2 (18.18%) Memory Management
4 2 (18.18%) Physics
4 2 (18.18%) TDD
4 2 (18.18%) Test Automation
4 2 (18.18%) Unit Testing
Programming Languages
1 11 (100.00%) Java
2 2 (18.18%) Java 8