Period
to 18 October 2017

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 18 October 2017 with a comparison to the same period in the previous 2 years.

Algo Trading
UK
6 months to
18 Oct 2017
Same period 2016 Same period 2015
Rank 775 824 757
Rank change year-on-year +49 -67 -5
Permanent jobs citing Algorithmic Trading 410 405 627
As % of all permanent IT jobs advertised in the UK 0.23% 0.21% 0.29%
As % of the Processes & Methodologies category 0.26% 0.24% 0.33%
Number of salaries quoted 258 365 550
UK median annual salary £90,000 £80,000 £77,500
Median salary % change year-on-year +12.50% +3.23% +3.33%
10th Percentile £57,500 £50,000 £47,500
90th Percentile £120,000 £112,500 £110,125
UK excluding London median annual salary £37,500 £50,000 £37,500
% change year-on-year -25.00% +33.33% -11.76%

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 157092 170968 192910
As % of all permanent IT jobs advertised in the UK 89.95% 89.19% 88.57%
Number of salaries quoted 123714 142316 158568
UK median annual salary £50,000 £49,500 £47,500
Median salary % change year-on-year +1.01% +4.21% +5.56%
10th Percentile £28,750 £28,000 £27,500
90th Percentile £80,000 £78,750 £76,250
UK excluding London median annual salary £43,000 £42,500 £42,500
% change year-on-year +1.18% - +6.25%

Algorithmic Trading
Job Vacancy Trend

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

Job vacancy trend for Algorithmic Trading in the UK

Algorithmic Trading
Salary Trend

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

Salary trend for Algorithmic Trading in the UK

Algorithmic Trading
Salary Histogram

The salary distribution of IT jobs citing Algorithmic Trading over the 6 months to 18 October 2017.

Salary histogram for Algorithmic Trading in the UK

Algorithmic Trading
Top 7 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 18 October 2017. 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 +86 409 £90,000 +12.50% 35
London +5 405 £90,000 +12.50% 35
UK excluding London +57 5 £37,500 -25.00%
Midlands +36 2 £37,500 -25.00%
West Midlands +24 2 £37,500 -25.00%
East of England - 2 £37,500 -
Scotland -17 1 - -

For the 6 months to 18 October 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 with a requirement for Algorithmic Trading.

1 189 (46.10%) Java
2 167 (40.73%) Finance
3 147 (35.85%) Linux
4 144 (35.12%) Foreign Exchange (FX)
5 135 (32.93%) Equities
6 132 (32.20%) Banking
7 128 (31.22%) Agile Software Development
8 126 (30.73%) SQL
9 125 (30.49%) Low Latency
10 122 (29.76%) Front Office
11 119 (29.02%) C++
12 110 (26.83%) C#
13 108 (26.34%) Derivative
14 96 (23.41%) Multithreading
15 94 (22.93%) Investment Banking
15 94 (22.93%) Python
16 91 (22.20%) Electronic Trading
17 89 (21.71%) Data Structures
18 77 (18.78%) Wealth Management
18 77 (18.78%) .NET
19 76 (18.54%) Test Automation
20 72 (17.56%) Computer Science
21 70 (17.07%) Continuous Integration
22 68 (16.59%) Retail
23 67 (16.34%) Asset Management
23 67 (16.34%) Retail Banking
24 65 (15.85%) Algorithms
25 62 (15.12%) C
26 60 (14.63%) QA
27 58 (14.15%) Regression Testing

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 15 (3.66%) Oracle Coherence
2 13 (3.17%) Apache Spark
3 3 (0.73%) Apache Pig
4 1 (0.24%) Confluence
4 1 (0.24%) Ethereum
Applications
1 1 (0.24%) GNU Octave
Business Applications
1 1 (0.24%) RMDS
Cloud Services
1 8 (1.95%) Amazon AWS
2 7 (1.71%) SaaS
3 5 (1.22%) GitHub
4 4 (0.98%) Amazon EC2
4 4 (0.98%) Amazon S3
5 3 (0.73%) Amazon ELB
6 2 (0.49%) Microsoft Azure
7 1 (0.24%) Amazon SQS
7 1 (0.24%) AWS Lambda
7 1 (0.24%) Serverless
Communications & Networking
1 15 (3.66%) IPsec
1 15 (3.66%) VPN
2 11 (2.68%) LAN
2 11 (2.68%) WAN
3 7 (1.71%) Firewall
3 7 (1.71%) SSH
4 5 (1.22%) DHCP
4 5 (1.22%) DNS
4 5 (1.22%) HTTP
4 5 (1.22%) HTTPS
4 5 (1.22%) Kerberos
5 4 (0.98%) Multicast
6 1 (0.24%) Unicast
Database & Business Intelligence
1 26 (6.34%) SQL Server
2 19 (4.63%) Big Data
3 14 (3.41%) Hadoop
4 13 (3.17%) Oracle Database
5 7 (1.71%) MySQL
6 6 (1.46%) KDB
6 6 (1.46%) NoSQL
7 5 (1.22%) InfluxDB
7 5 (1.22%) PostgreSQL
7 5 (1.22%) SQLite
8 4 (0.98%) Data Mining
8 4 (0.98%) Flink
8 4 (0.98%) Relational Database
9 3 (0.73%) Amazon RDS
9 3 (0.73%) Apache Hive
9 3 (0.73%) HBase
9 3 (0.73%) MongoDB
9 3 (0.73%) Sqoop
10 2 (0.49%) Blockchain
10 2 (0.49%) RDBMS
Development Applications
1 12 (2.93%) Git (software)
2 10 (2.44%) Jenkins
3 9 (2.20%) TeamCity
4 5 (1.22%) Gerrit
4 5 (1.22%) GoogleTest
4 5 (1.22%) Gradle
4 5 (1.22%) Maven
5 4 (0.98%) Ant
6 3 (0.73%) IBM UrbanCode
6 3 (0.73%) JUnit
7 1 (0.24%) Cucumber
7 1 (0.24%) EasyMock
7 1 (0.24%) FitNesse
7 1 (0.24%) IntelliJ
7 1 (0.24%) JIRA
7 1 (0.24%) Mockito
7 1 (0.24%) Sonatype Nexus
7 1 (0.24%) Vagrant
General
1 167 (40.73%) Finance
2 132 (32.20%) Banking
3 122 (29.76%) Front Office
4 94 (22.93%) Investment Banking
5 68 (16.59%) Retail
6 67 (16.34%) Retail Banking
7 33 (8.05%) Games
8 6 (1.46%) Back Office
9 5 (1.22%) Advertising
10 4 (0.98%) Financial Institution
11 2 (0.49%) Telecoms
Job Titles
1 281 (68.54%) Developer
2 145 (35.37%) Java Developer
3 76 (18.54%) C# Developer
4 57 (13.90%) Low Latency Java Developer
4 57 (13.90%) Market Data Developer
5 51 (12.44%) Algorithmic Trading Developer
6 39 (9.51%) Analyst
6 39 (9.51%) Applications Support
7 37 (9.02%) Quantitative Developer
8 36 (8.78%) Senior Developer
9 28 (6.83%) C++ Developer
10 24 (5.85%) C# Developer - Algorithmic Trading
11 23 (5.61%) Java Quantitative Developer
11 23 (5.61%) Support Analyst
12 22 (5.37%) Linux Engineer
12 22 (5.37%) Support Engineer
13 21 (5.12%) Applications Engineer
13 21 (5.12%) Applications Support Engineer
14 20 (4.88%) Linux Support
15 18 (4.39%) FIX Analyst
Libraries, Frameworks & Software Standards
1 77 (18.78%) .NET
2 42 (10.24%) FIX Protocol
3 36 (8.78%) WPF
4 35 (8.54%) Akka
5 32 (7.80%) Reactive Extensions
6 24 (5.85%) WinForms
7 14 (3.41%) Kafka
8 12 (2.93%) React
9 8 (1.95%) Boost C++ Libraries
9 8 (1.95%) HTML
10 7 (1.71%) HTML5
10 7 (1.71%) Spring
11 6 (1.46%) Django
11 6 (1.46%) RabbitMQ
12 5 (1.22%) J2SE
12 5 (1.22%) LAMP
12 5 (1.22%) LAPP Stack
12 5 (1.22%) WCF
12 5 (1.22%) ZeroMQ
13 4 (0.98%) TensorFlow
Miscellaneous
1 144 (35.12%) Foreign Exchange (FX)
2 135 (32.93%) Equities
3 108 (26.34%) Derivative
4 89 (21.71%) Data Structures
5 72 (17.56%) Computer Science
6 65 (15.85%) Algorithms
7 54 (13.17%) Greenfield Project
8 49 (11.95%) Hedge funds
9 38 (9.27%) Fixed Income
10 34 (8.29%) Fintech
11 26 (6.34%) Analytical Skills
12 15 (3.66%) Credit Risk
13 13 (3.17%) Equity Derivative
14 7 (1.71%) N-Tier
15 3 (0.73%) EPoS
16 2 (0.49%) Bitcoin
16 2 (0.49%) Field-Programmable Gate Array
17 1 (0.24%) Market Risk
17 1 (0.24%) Online Gambling
17 1 (0.24%) VWAP
Operating Systems
1 147 (35.85%) Linux
2 48 (11.71%) Unix
3 39 (9.51%) Windows
4 14 (3.41%) Solaris
5 12 (2.93%) CentOS
5 12 (2.93%) Windows Server
6 10 (2.44%) Windows NT
7 8 (1.95%) Red Hat Enterprise Linux
8 1 (0.24%) Mac OS X
Processes & Methodologies
1 128 (31.22%) Agile Software Development
2 125 (30.49%) Low Latency
3 96 (23.41%) Multithreading
4 91 (22.20%) Electronic Trading
5 77 (18.78%) Wealth Management
6 76 (18.54%) Test Automation
7 70 (17.07%) Continuous Integration
8 67 (16.34%) Asset Management
9 58 (14.15%) Regression Testing
10 54 (13.17%) E-Commerce
11 52 (12.68%) Risk Management
12 47 (11.46%) Mathematics
13 36 (8.78%) Automated Trading
13 36 (8.78%) TDD
14 35 (8.54%) Systematic Trading
15 33 (8.05%) OOD
16 32 (7.80%) OOA/OOD
17 29 (7.07%) Proprietary Trading
18 27 (6.59%) Market Making
19 26 (6.34%) Multithreaded Programming
Programming Languages
1 189 (46.10%) Java
2 126 (30.73%) SQL
3 119 (29.02%) C++
4 110 (26.83%) C#
5 94 (22.93%) Python
6 62 (15.12%) C
7 36 (8.78%) F#
8 26 (6.34%) Perl
9 22 (5.37%) Shell Script
10 15 (3.66%) Scala
11 12 (2.93%) Bash Shell
12 9 (2.20%) JavaScript
13 6 (1.46%) Ruby
14 4 (0.98%) ECMAScript
14 4 (0.98%) MATLAB
14 4 (0.98%) PowerShell
14 4 (0.98%) VBA
15 3 (0.73%) R
16 1 (0.24%) PHP
16 1 (0.24%) Solidity
Qualifications
1 46 (11.22%) Degree
2 10 (2.44%) PhD
3 8 (1.95%) Computer Science Degree
4 3 (0.73%) CCNA
4 3 (0.73%) Cisco Certification
4 3 (0.73%) Numerate Degree
5 2 (0.49%) Master's Degree
Quality Assurance & Compliance
1 60 (14.63%) QA
2 1 (0.24%) MiFID
System Software
1 9 (2.20%) Docker
2 5 (1.22%) LXC
3 4 (0.98%) vSphere
4 3 (0.73%) Apache Flume
4 3 (0.73%) Apache ZooKeeper
4 3 (0.73%) HDFS
4 3 (0.73%) Tivoli Workload Scheduler
5 1 (0.24%) GridGain
Systems Management
1 7 (1.71%) Nagios
2 6 (1.46%) Ansible
2 6 (1.46%) Hadoop YARN
2 6 (1.46%) Kubernetes
2 6 (1.46%) Opscode Chef
2 6 (1.46%) Puppet
3 5 (1.22%) CFEngine
3 5 (1.22%) Cobbler
3 5 (1.22%) collectd
3 5 (1.22%) rkt
3 5 (1.22%) yum
4 3 (0.73%) Mesos
4 3 (0.73%) Tivoli
Vendors
1 54 (13.17%) Oracle
2 19 (4.63%) Reuters
3 18 (4.39%) Bloomberg
3 18 (4.39%) CQG
4 17 (4.15%) Sybase
5 14 (3.41%) Microsoft
6 9 (2.20%) Red Hat
6 9 (2.20%) TIBCO
7 8 (1.95%) Dell
7 8 (1.95%) HP
8 7 (1.71%) Solace
9 5 (1.22%) SolarWinds
10 4 (0.98%) Cisco
10 4 (0.98%) Splunk
10 4 (0.98%) Tableau
10 4 (0.98%) VMware
11 3 (0.73%) Dynatrace
11 3 (0.73%) NetIQ
12 2 (0.49%) Fidessa
13 1 (0.24%) Progress