Period
to 5 March 2021

The median annual salary for an Algorithmic Trading Developer was £135,000 in advertised job vacancies during the 6 months to 5 March 2021.

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

Algo Trading Developer
UK
6 months to
5 Mar 2021
Same period 2020 Same period 2019
Rank 796 1000 1083
Rank change year-on-year +204 +83 +49
Permanent jobs requiring an Algorithmic Trading Developer 14 23 40
As % of all permanent jobs advertised in the UK 0.018% 0.019% 0.026%
As % of the Job Titles category 0.020% 0.019% 0.028%
Number of salaries quoted 11 23 45
Median annual salary £135,000 £130,000 £80,000
Median salary % change year-on-year +3.85% +62.50% -20.00%
10th Percentile £97,500 £105,500 £53,750
90th Percentile £192,500 £135,000 £108,750
UK excluding London median annual salary - - £62,500

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies. 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
UK
Permanent vacancies in the UK with a recognized job title 71,513 118,056 145,373
% of permanent IT jobs with a recognized job title 93.77% 95.45% 95.96%
Number of salaries quoted 56,947 95,659 117,865
Median annual salary £55,000 £52,500 £50,000
Median salary % change year-on-year +4.76% +5.00% -
10th Percentile £31,750 £29,000 £28,250
90th Percentile £87,500 £87,500 £84,672
UK excluding London median annual salary £47,500 £45,000 £45,000
% change year-on-year +5.56% - +5.88%

Algorithmic Trading Developer
Job Vacancy Trend

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

Job vacancy trend for Algorithmic Trading Developer in the UK

Algorithmic Trading Developer
Salary Trend

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

Salary trend for Algorithmic Trading Developer in the UK

Algorithmic Trading Developer
Salary Histogram

Salary distribution for jobs citing Algorithmic Trading Developer over the 6 months to 5 March 2021.

Salary histogram for Algorithmic Trading Developer in the UK

Algorithmic Trading Developer
Top 2 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Algorithmic Trading Developer within the UK over the 6 months to 5 March 2021. 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
England +178 14 £135,000 +3.85%
London +165 14 £135,000 +3.85%

Algorithmic Trading Developer Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 5 March 2021, 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 featuring Algorithmic Trading Developer in the job title.

1 14 (100.00%) Algorithmic Trading
2 13 (92.86%) Java
3 11 (78.57%) Banking
4 10 (71.43%) Investment Banking
4 10 (71.43%) Low Latency
5 8 (57.14%) Equities
6 7 (50.00%) Front Office
6 7 (50.00%) Foreign Exchange (FX)
6 7 (50.00%) Mathematics
6 7 (50.00%) Physics
6 7 (50.00%) Computer Science
6 7 (50.00%) Multithreading
6 7 (50.00%) Concurrent Programming
6 7 (50.00%) Memory Management
7 6 (42.86%) Java 8
7 6 (42.86%) Backtesting
7 6 (42.86%) Unit Testing
7 6 (42.86%) Integration Testing
8 4 (28.57%) KDB
9 3 (21.43%) Maven
9 3 (21.43%) Python
9 3 (21.43%) OOD
9 3 (21.43%) OO
9 3 (21.43%) C++
9 3 (21.43%) Git (software)
10 2 (14.29%) FIX Protocol
10 2 (14.29%) Garbage Collection
10 2 (14.29%) Continuous Delivery
10 2 (14.29%) Solace
10 2 (14.29%) Middleware

Algorithmic Trading Developer Skill Set
Co-occurring IT Skills 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 1 (7.14%) Apache
Database & Business Intelligence
1 4 (28.57%) KDB
2 1 (7.14%) Apache Ignite
2 1 (7.14%) Hazelcast
2 1 (7.14%) Kdb+
Development Applications
1 3 (21.43%) Git (software)
1 3 (21.43%) Maven
General
1 11 (78.57%) Banking
2 10 (71.43%) Investment Banking
3 7 (50.00%) Front Office
4 1 (7.14%) Finance
4 1 (7.14%) Legal
Libraries, Frameworks & Software Standards
1 2 (14.29%) FIX Protocol
1 2 (14.29%) Middleware
2 1 (7.14%) Spring
Miscellaneous
1 8 (57.14%) Equities
2 7 (50.00%) Foreign Exchange (FX)
3 2 (14.29%) Derivative
3 2 (14.29%) Equity Derivative
4 1 (7.14%) Market Risk
Operating Systems
1 1 (7.14%) Linux
Processes & Methodologies
1 14 (100.00%) Algorithmic Trading
2 10 (71.43%) Low Latency
3 7 (50.00%) Computer Science
3 7 (50.00%) Concurrent Programming
3 7 (50.00%) Mathematics
3 7 (50.00%) Memory Management
3 7 (50.00%) Multithreading
3 7 (50.00%) Physics
4 6 (42.86%) Backtesting
4 6 (42.86%) Integration Testing
4 6 (42.86%) Unit Testing
5 3 (21.43%) OO
5 3 (21.43%) OOD
6 2 (14.29%) Continuous Delivery
6 2 (14.29%) Electronic Trading
6 2 (14.29%) Garbage Collection
7 1 (7.14%) Data Analysis
7 1 (7.14%) Machine Learning
Programming Languages
1 13 (92.86%) Java
2 6 (42.86%) Java 8
3 3 (21.43%) C++
3 3 (21.43%) Python
4 1 (7.14%) Julia
Quality Assurance & Compliance
1 1 (7.14%) MiFID
Vendors
1 2 (14.29%) Solace