Period
to 22 August 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 22 August 2017 with a comparison to the same period in the previous 2 years.

Algo Trading
UK
6 months to
22 Aug 2017
Same period 2016 Same period 2015
Rank 813 784 819
Rank change year-on-year -29 +35 -124
Permanent jobs citing Algorithmic Trading 380 487 514
As % of all permanent IT jobs advertised in the UK 0.22% 0.25% 0.24%
As % of the Processes & Methodologies category 0.24% 0.28% 0.27%
Number of salaries quoted 246 435 461
UK median annual salary £87,500 £80,000 £77,500
Median salary % change year-on-year +9.38% +3.23% +3.33%
10th Percentile £55,000 £47,500 £47,500
90th Percentile £117,500 £112,500 £110,000
UK excluding London median annual salary - £55,000 -

Algorithmic Trading is in the process and methodology skills category. The next table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for process and methodology skills.

Process & Methodology Skills
UK
Permanent job vacancies with a requirement for process and methodology skills 158356 175503 192296
As % of all permanent IT job vacancies advertised in the UK 89.94% 89.07% 88.16%
Number of salaries quoted 125505 146405 157070
UK median annual salary £50,000 £49,000 £47,500
Median salary % change year-on-year +2.04% +3.16% +5.56%
10th Percentile £28,750 £27,500 £27,500
90th Percentile £80,000 £77,500 £76,250
UK excluding London median annual salary £42,500 £42,500 £42,500

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 22 August 2017.

Salary histogram for Algorithmic Trading in the UK

Algorithmic Trading
Top 4 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 August 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 -4 379 £87,500 +9.38% 55
London -32 379 £87,500 +9.38% 55
UK excluding London +24 1 - -
Scotland -1 1 - -

For the 6 months to 22 August 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.

1 154 (40.53%) Java
2 152 (40.00%) Finance
3 148 (38.95%) Linux
4 127 (33.42%) Foreign Exchange (FX)
5 121 (31.84%) Agile Software Development
6 119 (31.32%) C++
7 118 (31.05%) Low Latency
8 117 (30.79%) SQL
9 107 (28.16%) C#
10 105 (27.63%) Front Office
11 102 (26.84%) Equities
12 99 (26.05%) Banking
13 93 (24.47%) Multithreading
14 90 (23.68%) Derivative
15 89 (23.42%) Python
16 87 (22.89%) Electronic Trading
17 78 (20.53%) .NET
18 76 (20.00%) Data Structures
19 71 (18.68%) Investment Banking
19 71 (18.68%) Test Automation
20 64 (16.84%) Hedge funds
21 63 (16.58%) Computer Science
22 60 (15.79%) Wealth Management
23 57 (15.00%) Continuous Integration
23 57 (15.00%) Algorithms
24 54 (14.21%) Risk Management
25 51 (13.42%) Retail
26 50 (13.16%) Asset Management
26 50 (13.16%) Retail Banking
26 50 (13.16%) C

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 13 (3.42%) Oracle Coherence
2 7 (1.84%) Apache Spark
3 1 (0.26%) Confluence
Applications
1 1 (0.26%) GNU Octave
Business Applications
1 1 (0.26%) RMDS
Cloud Services
1 10 (2.63%) GitHub
2 6 (1.58%) SaaS
3 4 (1.05%) Amazon AWS
4 2 (0.53%) Amazon EC2
4 2 (0.53%) Amazon ELB
4 2 (0.53%) Amazon S3
5 1 (0.26%) Microsoft Azure
Communications & Networking
1 15 (3.95%) IPsec
1 15 (3.95%) VPN
2 8 (2.11%) Firewall
3 7 (1.84%) DNS
3 7 (1.84%) LAN
3 7 (1.84%) WAN
4 5 (1.32%) DHCP
4 5 (1.32%) HTTP
4 5 (1.32%) HTTPS
4 5 (1.32%) Kerberos
4 5 (1.32%) SSH
5 2 (0.53%) FIX Connectivity
5 2 (0.53%) Multicast
5 2 (0.53%) Value-Added Service
6 1 (0.26%) Software-Defined Networking
6 1 (0.26%) SSL
6 1 (0.26%) TCP/IP
Database & Business Intelligence
1 21 (5.53%) Big Data
2 20 (5.26%) SQL Server
3 16 (4.21%) KDB
4 13 (3.42%) Oracle Database
5 9 (2.37%) Hadoop
5 9 (2.37%) Kdb+
6 6 (1.58%) NoSQL
7 5 (1.32%) InfluxDB
7 5 (1.32%) MySQL
7 5 (1.32%) PostgreSQL
7 5 (1.32%) Relational Database
7 5 (1.32%) SQLite
8 4 (1.05%) MongoDB
9 3 (0.79%) HBase
9 3 (0.79%) RDBMS
9 3 (0.79%) Sqoop
10 2 (0.53%) Amazon RDS
10 2 (0.53%) Data Mining
11 1 (0.26%) Blockchain
11 1 (0.26%) Tick Data
Development Applications
1 15 (3.95%) Git (software)
2 14 (3.68%) Jenkins
3 10 (2.63%) TeamCity
4 5 (1.32%) Gerrit
4 5 (1.32%) Maven
5 4 (1.05%) JIRA
6 3 (0.79%) Gradle
6 3 (0.79%) IBM UrbanCode
7 2 (0.53%) GoogleTest
7 2 (0.53%) IntelliJ
7 2 (0.53%) Moq
7 2 (0.53%) NUnit
8 1 (0.26%) Eclipse
8 1 (0.26%) JMeter
8 1 (0.26%) JUnit
8 1 (0.26%) LoadRunner
8 1 (0.26%) Selenium
8 1 (0.26%) Visual Studio
8 1 (0.26%) Visual Studio Team System
8 1 (0.26%) WebLOAD
General
1 152 (40.00%) Finance
2 105 (27.63%) Front Office
3 99 (26.05%) Banking
4 71 (18.68%) Investment Banking
5 51 (13.42%) Retail
6 50 (13.16%) Retail Banking
7 24 (6.32%) Games
8 5 (1.32%) Back Office
9 4 (1.05%) Financial Institution
10 2 (0.53%) Advertising
10 2 (0.53%) Prime Brokerage
Job Titles
1 260 (68.42%) Developer
2 129 (33.95%) Java Developer
3 72 (18.95%) C# Developer
4 63 (16.58%) Algorithmic Trading Developer
5 50 (13.16%) Low Latency Java Developer
6 45 (11.84%) Market Data Developer
7 38 (10.00%) Applications Support
8 35 (9.21%) Analyst
9 32 (8.42%) C++ Developer
9 32 (8.42%) Senior Developer
10 31 (8.16%) Quantitative Developer
11 25 (6.58%) C# Developer - Algorithmic Trading
11 25 (6.58%) Linux Engineer
12 22 (5.79%) Linux Support
12 22 (5.79%) Support Engineer
13 20 (5.26%) Applications Engineer
13 20 (5.26%) Applications Support Engineer
13 20 (5.26%) Java Developer - Algorithmic Trading
13 20 (5.26%) Java Quantitative Developer
14 19 (5.00%) Support Analyst
Libraries, Frameworks & Software Standards
1 78 (20.53%) .NET
2 47 (12.37%) WPF
3 44 (11.58%) FIX Protocol
4 26 (6.84%) Akka
5 25 (6.58%) WinForms
6 24 (6.32%) Reactive Extensions
7 13 (3.42%) Kafka
8 9 (2.37%) WCF
9 7 (1.84%) Boost C++ Libraries
9 7 (1.84%) STL
10 6 (1.58%) HTML
10 6 (1.58%) J2SE
10 6 (1.58%) Java Concurrency
10 6 (1.58%) RabbitMQ
10 6 (1.58%) Swing
11 5 (1.32%) LAMP
11 5 (1.32%) LAPP Stack
11 5 (1.32%) NumPy
11 5 (1.32%) React
11 5 (1.32%) ZeroMQ
Miscellaneous
1 127 (33.42%) Foreign Exchange (FX)
2 102 (26.84%) Equities
3 90 (23.68%) Derivative
4 76 (20.00%) Data Structures
5 64 (16.84%) Hedge funds
6 63 (16.58%) Computer Science
7 57 (15.00%) Algorithms
8 49 (12.89%) Greenfield Project
9 31 (8.16%) Fintech
10 27 (7.11%) Analytical Skills
11 26 (6.84%) Fixed Income
12 14 (3.68%) Credit Risk
13 9 (2.37%) Equity Derivative
14 7 (1.84%) N-Tier
15 3 (0.79%) Field-Programmable Gate Array
16 2 (0.53%) Client/Server
16 2 (0.53%) CUDA
16 2 (0.53%) Data Centre
16 2 (0.53%) EPoS
16 2 (0.53%) Management Information System
Operating Systems
1 148 (38.95%) Linux
2 50 (13.16%) Unix
3 31 (8.16%) Windows
4 14 (3.68%) Windows Server
5 12 (3.16%) CentOS
5 12 (3.16%) Red Hat Enterprise Linux
6 11 (2.89%) Solaris
7 7 (1.84%) Windows NT
Processes & Methodologies
1 121 (31.84%) Agile Software Development
2 118 (31.05%) Low Latency
3 93 (24.47%) Multithreading
4 87 (22.89%) Electronic Trading
5 71 (18.68%) Test Automation
6 60 (15.79%) Wealth Management
7 57 (15.00%) Continuous Integration
8 54 (14.21%) Risk Management
9 50 (13.16%) Asset Management
9 50 (13.16%) E-Commerce
10 48 (12.63%) Regression Testing
11 35 (9.21%) Automated Trading
12 33 (8.68%) Mathematics
12 33 (8.68%) Systematic Trading
13 29 (7.63%) Multithreaded Programming
14 28 (7.37%) OOD
15 27 (7.11%) Proprietary Trading
16 26 (6.84%) OO
17 25 (6.58%) Asynchronous Programming
17 25 (6.58%) MVVM
Programming Languages
1 154 (40.53%) Java
2 119 (31.32%) C++
3 117 (30.79%) SQL
4 107 (28.16%) C#
5 89 (23.42%) Python
6 50 (13.16%) C
7 32 (8.42%) Perl
8 27 (7.11%) F#
9 19 (5.00%) Shell Script
10 11 (2.89%) Bash Shell
11 6 (1.58%) PowerShell
12 5 (1.32%) Ruby
12 5 (1.32%) Scala
13 4 (1.05%) MATLAB
13 4 (1.05%) VBA
14 3 (0.79%) JavaScript
14 3 (0.79%) R
15 1 (0.26%) Tcl
15 1 (0.26%) VB
Qualifications
1 42 (11.05%) Degree
2 15 (3.95%) Computer Science Degree
3 8 (2.11%) PhD
4 3 (0.79%) CCNA
4 3 (0.79%) Cisco Certification
4 3 (0.79%) Numerate Degree
5 2 (0.53%) Master's Degree
Quality Assurance & Compliance
1 49 (12.89%) QA
2 4 (1.05%) MiFID
3 1 (0.26%) Data Quality
System Software
1 9 (2.37%) Docker
2 5 (1.32%) LXC
3 3 (0.79%) Apache ZooKeeper
3 3 (0.79%) HDFS
3 3 (0.79%) Tivoli Workload Scheduler
4 2 (0.53%) Apache Flume
5 1 (0.26%) vSphere
Systems Management
1 11 (2.89%) Ansible
2 10 (2.63%) CFEngine
3 7 (1.84%) Opscode Chef
3 7 (1.84%) Puppet
4 5 (1.32%) Cobbler
4 5 (1.32%) collectd
4 5 (1.32%) Hadoop YARN
4 5 (1.32%) Kubernetes
4 5 (1.32%) Nagios
4 5 (1.32%) rkt
4 5 (1.32%) yum
5 3 (0.79%) Tivoli
6 2 (0.53%) Mesos
Vendors
1 37 (9.74%) Oracle
2 20 (5.26%) Reuters
3 19 (5.00%) Bloomberg
4 18 (4.74%) CQG
5 13 (3.42%) Sybase
6 12 (3.16%) HP
7 11 (2.89%) Dell
7 11 (2.89%) Microsoft
8 8 (2.11%) Red Hat
8 8 (2.11%) TIBCO
9 6 (1.58%) Solace
10 5 (1.32%) SolarWinds
11 4 (1.05%) Splunk
12 3 (0.79%) Dynatrace
12 3 (0.79%) NetIQ
13 2 (0.53%) Fidessa
14 1 (0.26%) Cisco
14 1 (0.26%) Citrix
14 1 (0.26%) Progress
14 1 (0.26%) VMware