Period
to 22 October 2020

The following table provides summary statistics for permanent job vacancies 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 22 October 2020 with a comparison to the same period in the previous 2 years.

Algo Trading
UK
6 months to
22 Oct 2020
Same period 2019 Same period 2018
Rank 593 795 717
Rank change year-on-year +202 -78 +112
Permanent jobs citing Algorithmic Trading 95 271 495
As % of all permanent jobs advertised in the UK 0.19% 0.20% 0.30%
As % of the Processes & Methodologies category 0.21% 0.21% 0.33%
Number of salaries quoted 80 203 411
Median annual salary £97,500 £100,000 £85,000
Median salary % change year-on-year -2.50% +17.65% -5.56%
10th Percentile £48,750 £55,000 £47,500
90th Percentile £150,000 £137,500 £130,000
UK excluding London median annual salary £35,000 £60,000 £70,000
% change year-on-year -41.67% -14.29% +86.67%

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 with a requirement for process or methodology skills.

All Process and Methodology Skills
UK
Permanent vacancies with a requirement for process or methodology skills 45,275 126,161 151,489
As % of all permanent IT jobs advertised in the UK 92.45% 92.22% 91.92%
Number of salaries quoted 37,306 99,350 120,587
Median annual salary £55,000 £52,500 £50,000
Median salary % change year-on-year +4.76% +5.00% -
10th Percentile £32,948 £30,000 £29,000
90th Percentile £90,000 £86,250 £83,750
UK excluding London median annual salary £49,118 £45,000 £45,000
% change year-on-year +9.15% - +5.88%

Algorithmic Trading
Job Vacancy Trend

Job postings citing Algorithmic Trading as a proportion of all IT jobs advertised.

Job vacancy trend for Algorithmic Trading in the UK

Algorithmic Trading
Salary Trend

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

Salary trend for Algorithmic Trading in the UK

Algorithmic Trading
Salary Histogram

Salary distribution for jobs citing Algorithmic Trading over the 6 months to 22 October 2020.

Salary histogram for Algorithmic Trading in the UK

Algorithmic Trading
Top 5 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Algorithmic Trading within the UK over the 6 months to 22 October 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 +205 95 £97,500 -2.50% 27
London +87 86 £100,000 - 27
Work from Home +32 9 £105,000 +31.25% 13
UK excluding London +326 3 £35,000 -41.67%
East of England +145 3 £35,000 -56.25%

For the 6 months to 22 October 2020, IT jobs citing Algorithmic Trading also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads with a requirement for Algorithmic Trading.

1 56 (58.95%) Python
2 51 (53.68%) Low Latency
3 43 (45.26%) Java
4 38 (40.00%) Electronic Trading
5 37 (38.95%) Linux
6 34 (35.79%) Finance
7 30 (31.58%) Front Office
8 24 (25.26%) SQL
9 23 (24.21%) High-Frequency Trading
10 20 (21.05%) Multithreading
11 19 (20.00%) IGMP
11 19 (20.00%) SNMP
11 19 (20.00%) CCIE
11 19 (20.00%) CCNP
11 19 (20.00%) Cisco Certification
11 19 (20.00%) Telecoms
11 19 (20.00%) GAP Analysis
11 19 (20.00%) Wireless
11 19 (20.00%) OSPF
11 19 (20.00%) BGP
11 19 (20.00%) Data Centre
11 19 (20.00%) Grafana
11 19 (20.00%) Ultra-Low Latency
11 19 (20.00%) Network Monitoring
11 19 (20.00%) Multicast
11 19 (20.00%) Reverse Engineering
11 19 (20.00%) Splunk
12 17 (17.89%) Fixed Income
12 17 (17.89%) C++
13 15 (15.79%) Foreign Exchange (FX)

Algorithmic Trading
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 6 (6.32%) Apache Spark
2 3 (3.16%) Apache
2 3 (3.16%) Apache Synapse
2 3 (3.16%) Ethereum
3 2 (2.11%) Luigi
Business Applications
1 2 (2.11%) Distributed Ledger
2 1 (1.05%) Markit EDM
2 1 (1.05%) PolarLake
Cloud Services
1 8 (8.42%) Azure
2 6 (6.32%) AWS
3 5 (5.26%) GCP
4 1 (1.05%) Amazon EMR
Communications & Networking
1 19 (20.00%) BGP
1 19 (20.00%) IGMP
1 19 (20.00%) Multicast
1 19 (20.00%) OSPF
1 19 (20.00%) SNMP
1 19 (20.00%) Wireless
2 7 (7.37%) FIX Connectivity
Database & Business Intelligence
1 10 (10.53%) KDB
2 6 (6.32%) PostgreSQL
3 5 (5.26%) Blockchain
4 4 (4.21%) Hadoop
4 4 (4.21%) Relational Database
5 3 (3.16%) Amazon Redshift
5 3 (3.16%) BigQuery
5 3 (3.16%) Kdb+
5 3 (3.16%) Presto
5 3 (3.16%) Tick Data
6 2 (2.11%) Big Data
6 2 (2.11%) NoSQL
6 2 (2.11%) SQL Server
7 1 (1.05%) Apache Hive
7 1 (1.05%) Data Warehouse
7 1 (1.05%) Flink
Development Applications
1 4 (4.21%) Git (software)
2 2 (2.11%) Jenkins
2 2 (2.11%) Octopus Deploy
2 2 (2.11%) TeamCity
3 1 (1.05%) Eclipse
3 1 (1.05%) Maven
3 1 (1.05%) PyCharm
3 1 (1.05%) Robot Framework
General
1 34 (35.79%) Finance
2 30 (31.58%) Front Office
3 19 (20.00%) Telecoms
4 15 (15.79%) Banking
5 12 (12.63%) Investment Banking
6 6 (6.32%) Financial Institution
7 2 (2.11%) Marketing
8 1 (1.05%) Back Office
8 1 (1.05%) Retail
Job Titles
1 42 (44.21%) Developer
2 24 (25.26%) Java Developer
3 19 (20.00%) Architect
3 19 (20.00%) Network Architect
4 12 (12.63%) Algorithmic Trading Developer
4 12 (12.63%) Java Developer - Algorithmic Trading
5 9 (9.47%) Software Engineer
6 8 (8.42%) Electronic Trading Support
7 7 (7.37%) Applications Support
7 7 (7.37%) Java Developer - Fintech
8 6 (6.32%) Java Engineer
9 5 (5.26%) Analyst
9 5 (5.26%) Data Engineer
9 5 (5.26%) Low Latency Java Developer
9 5 (5.26%) Senior Developer
10 4 (4.21%) KDB Developer
10 4 (4.21%) Lead Developer
10 4 (4.21%) Python Engineer
10 4 (4.21%) Quantitative Developer
10 4 (4.21%) Software Developer
Libraries, Frameworks & Software Standards
1 14 (14.74%) FIX Protocol
2 7 (7.37%) .NET
3 6 (6.32%) Kafka
4 3 (3.16%) Middleware
4 3 (3.16%) Pandas
4 3 (3.16%) Velocity
5 2 (2.11%) .NET Core
5 2 (2.11%) ActiveMQ
5 2 (2.11%) ASP.NET
5 2 (2.11%) Flask
5 2 (2.11%) NumPy
5 2 (2.11%) React
5 2 (2.11%) REST
5 2 (2.11%) TensorFlow
6 1 (1.05%) 802.1X
6 1 (1.05%) Akka
6 1 (1.05%) Apache Beam
6 1 (1.05%) Django
6 1 (1.05%) Natural Language Processing
6 1 (1.05%) Smart Contracts
Miscellaneous
1 19 (20.00%) Data Centre
2 17 (17.89%) Fixed Income
3 15 (15.79%) Equities
3 15 (15.79%) Foreign Exchange (FX)
4 10 (10.53%) Hedge funds
5 9 (9.47%) Algorithms
6 6 (6.32%) Data Structures
6 6 (6.32%) Derivative
7 4 (4.21%) Analytical Skills
7 4 (4.21%) Reference Data
8 2 (2.11%) Eurex
8 2 (2.11%) Video Conferencing
9 1 (1.05%) Equity Derivative
9 1 (1.05%) Greenfield Project
9 1 (1.05%) Management Information System
9 1 (1.05%) Self-Motivation
Operating Systems
1 37 (38.95%) Linux
2 12 (12.63%) Unix
3 5 (5.26%) Windows
4 2 (2.11%) CentOS
4 2 (2.11%) Debian
4 2 (2.11%) Solaris
4 2 (2.11%) SUSE
4 2 (2.11%) Ubuntu
4 2 (2.11%) Windows 10
4 2 (2.11%) Windows 8
4 2 (2.11%) Windows Server
4 2 (2.11%) Windows Server 2008
4 2 (2.11%) Windows Server 2012
4 2 (2.11%) Windows Server 2016
Processes & Methodologies
1 51 (53.68%) Low Latency
2 38 (40.00%) Electronic Trading
3 23 (24.21%) High-Frequency Trading
4 20 (21.05%) Multithreading
5 19 (20.00%) GAP Analysis
5 19 (20.00%) Network Monitoring
5 19 (20.00%) Reverse Engineering
5 19 (20.00%) Ultra-Low Latency
6 12 (12.63%) Computer Science
7 11 (11.58%) Agile Software Development
7 11 (11.58%) Analytics
7 11 (11.58%) Automated Trading
7 11 (11.58%) Continuous Delivery
7 11 (11.58%) Fintech
7 11 (11.58%) Software Engineering
7 11 (11.58%) TDD
8 10 (10.53%) Test Automation
9 9 (9.47%) DevOps
9 9 (9.47%) Market Making
9 9 (9.47%) Quantitative Trading
Programming Languages
1 56 (58.95%) Python
2 43 (45.26%) Java
3 24 (25.26%) SQL
4 17 (17.89%) C++
5 8 (8.42%) Perl
6 7 (7.37%) C#
7 6 (6.32%) Java 8
8 4 (4.21%) C
8 4 (4.21%) R
9 3 (3.16%) Scala
10 2 (2.11%) Bash Shell
10 2 (2.11%) Kotlin
10 2 (2.11%) PowerShell
10 2 (2.11%) Shell Script
10 2 (2.11%) Solidity
11 1 (1.05%) JavaScript
11 1 (1.05%) Julia
Qualifications
1 19 (20.00%) CCIE
1 19 (20.00%) CCNP
1 19 (20.00%) Cisco Certification
2 13 (13.68%) Degree
3 6 (6.32%) Computer Science Degree
4 2 (2.11%) PhD
5 1 (1.05%) Numerate Degree
Quality Assurance & Compliance
1 5 (5.26%) QA
2 1 (1.05%) MiFID
System Software
1 8 (8.42%) Docker
2 2 (2.11%) Active Directory
Systems Management
1 19 (20.00%) Grafana
2 2 (2.11%) Kubernetes
3 1 (1.05%) Ansible
3 1 (1.05%) Puppet
Vendors
1 19 (20.00%) Splunk
2 3 (3.16%) Bloomberg
2 3 (3.16%) Google
2 3 (3.16%) ION Trading
2 3 (3.16%) Reuters
2 3 (3.16%) Solace
3 2 (2.11%) CQG
3 2 (2.11%) Fidessa
3 2 (2.11%) Oracle
3 2 (2.11%) Patsystems
3 2 (2.11%) Red Hat
3 2 (2.11%) Sybase
3 2 (2.11%) Trayport
4 1 (1.05%) Databricks
4 1 (1.05%) Refinitiv