Period
to 29 February 2020

The median annual salary for an Algorithmic Trading Developer was £130,000 in advertised job vacancies during the 6 months to 29 February 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
UK
6 months to
29 Feb 2020
Same period 2019 Same period 2018
Rank 987 1076 1124
Rank change year-on-year +89 +48 +4
Permanent jobs requiring an Algorithmic Trading Developer 22 41 82
As % of all permanent IT jobs advertised in the UK 0.018% 0.027% 0.047%
As % of the Job Titles category 0.019% 0.028% 0.048%
Number of salaries quoted 22 36 76
UK median annual salary £130,000 £90,000 £100,000
Median salary % change year-on-year +44.44% -10.00% -
10th Percentile £105,250 £53,750 £62,500
90th Percentile £135,000 £111,875 £116,250
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 116,647 145,045 169,813
% of permanent IT jobs with a recognized job title 95.46% 95.94% 96.39%
Number of salaries quoted 93,434 116,144 139,441
UK median annual salary £52,500 £50,000 £50,000
Median salary % change year-on-year +5.00% - +5.26%
10th Percentile £29,000 £28,250 £27,500
90th Percentile £87,500 £83,750 £80,000
UK excluding London median annual salary £45,000 £45,000 £42,500
% change year-on-year - +5.88% -

Algorithmic Trading Developer
Job Vacancy Trend

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

Job vacancy trend for Algorithmic Trading Developer in the UK

Algorithmic Trading Developer
Salary Trend

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

Salary trend for Algorithmic Trading Developer in the UK

Algorithmic Trading Developer
Salary Histogram

The salary distribution of IT jobs citing Algorithmic Trading Developer over the 6 months to 29 February 2020.

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 29 February 2020. 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 +85 22 £130,000 +44.44% 2
London +69 22 £130,000 +36.84% 2

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

For the 6 months to 29 February 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 featuring Algorithmic Trading Developer in the job title.

1 22 (100.00%) Java
1 22 (100.00%) Algorithmic Trading
2 17 (77.27%) Equities
3 12 (54.55%) Banking
3 12 (54.55%) Low Latency
4 11 (50.00%) Multithreading
4 11 (50.00%) Foreign Exchange (FX)
5 10 (45.45%) Computer Science
6 9 (40.91%) Java 8
6 9 (40.91%) Unit Testing
6 9 (40.91%) Investment Banking
7 8 (36.36%) TDD
7 8 (36.36%) Mathematics
7 8 (36.36%) BDD
7 8 (36.36%) Market Making
7 8 (36.36%) Concurrent Programming
8 7 (31.82%) Memory Management
8 7 (31.82%) Test Automation
8 7 (31.82%) Backtesting
8 7 (31.82%) FIX Connectivity
8 7 (31.82%) Physics
8 7 (31.82%) Integration Testing
8 7 (31.82%) FIX Protocol
9 6 (27.27%) Agile Software Development
10 3 (13.64%) Solace
10 3 (13.64%) TIBCO
10 3 (13.64%) Front Office
10 3 (13.64%) Scrum
11 2 (9.09%) Finance
11 2 (9.09%) C++

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 (4.55%) SmartSockets
Communications & Networking
1 7 (31.82%) FIX Connectivity
2 2 (9.09%) Multicast
Database & Business Intelligence
1 2 (9.09%) KDB
Development Applications
1 1 (4.55%) Jenkins
General
1 12 (54.55%) Banking
2 9 (40.91%) Investment Banking
3 3 (13.64%) Front Office
4 2 (9.09%) Finance
Libraries, Frameworks & Software Standards
1 7 (31.82%) FIX Protocol
2 2 (9.09%) React
2 2 (9.09%) Redux
3 1 (4.55%) Middleware
3 1 (4.55%) Rendezvous
3 1 (4.55%) Ultra Messaging
Miscellaneous
1 17 (77.27%) Equities
2 11 (50.00%) Foreign Exchange (FX)
3 1 (4.55%) Data Structures
3 1 (4.55%) Fixed Income
Processes & Methodologies
1 22 (100.00%) Algorithmic Trading
2 12 (54.55%) Low Latency
3 11 (50.00%) Multithreading
4 10 (45.45%) Computer Science
5 9 (40.91%) Unit Testing
6 8 (36.36%) BDD
6 8 (36.36%) Concurrent Programming
6 8 (36.36%) Market Making
6 8 (36.36%) Mathematics
6 8 (36.36%) TDD
7 7 (31.82%) Backtesting
7 7 (31.82%) Integration Testing
7 7 (31.82%) Memory Management
7 7 (31.82%) Physics
7 7 (31.82%) Test Automation
8 6 (27.27%) Agile Software Development
9 3 (13.64%) Scrum
10 2 (9.09%) Kanban
10 2 (9.09%) Multithreaded Programming
10 2 (9.09%) Software Engineering
Programming Languages
1 22 (100.00%) Java
2 9 (40.91%) Java 8
3 2 (9.09%) C++
3 2 (9.09%) JavaScript
3 2 (9.09%) TypeScript
Qualifications
1 1 (4.55%) Degree
Vendors
1 3 (13.64%) Solace
1 3 (13.64%) TIBCO