Algorithmic Trading Jobs

Algo Trading
UK

The table below provides summary statistics for permanent job vacancies requiring Algorithmic Trading skills. It includes a benchmarking guide to the annual salaries offered in vacancies that cited Algorithmic Trading over the 6 months leading up to 26 July 2024, comparing them to the same period in the previous two years.

6 months to
26 Jul 2024
Same period 2023 Same period 2022
Rank 782 709 950
Rank change year-on-year -73 +241 -125
Permanent jobs citing Algorithmic Trading 60 178 327
As % of all permanent jobs advertised in the UK 0.066% 0.22% 0.19%
As % of the Processes & Methodologies category 0.081% 0.23% 0.19%
Number of salaries quoted 35 138 201
10th Percentile £57,000 £67,850 £50,000
25th Percentile £90,000 £85,313 £72,500
Median annual salary (50th Percentile) £115,000 £120,000 £100,000
Median % change year-on-year -4.17% +20.00% +5.26%
75th Percentile £150,000 £150,000 £140,000
90th Percentile £178,500 £180,000 £150,000
UK excluding London median annual salary £85,000 - £65,000
% change year-on-year - - -11.86%

All Process and Methodology Skills
UK

Algorithmic Trading falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all permanent job vacancies requiring process or methodology skills.

Permanent vacancies with a requirement for process or methodology skills 73,969 76,929 168,958
As % of all permanent jobs advertised in the UK 81.84% 95.34% 96.40%
Number of salaries quoted 48,628 50,249 85,709
10th Percentile £30,000 £33,750 £33,750
25th Percentile £40,000 £45,000 £44,250
Median annual salary (50th Percentile) £55,000 £60,000 £60,000
Median % change year-on-year -8.33% - +9.09%
75th Percentile £73,750 £80,000 £80,000
90th Percentile £93,750 £100,000 £96,250
UK excluding London median annual salary £50,000 £55,000 £52,500
% change year-on-year -9.09% +4.76% +6.06%

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 26 July 2024.

Salary histogram for Algorithmic Trading in the UK

Algorithmic Trading
Top 6 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 26 July 2024. 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
Jobs
England -77 60 £115,000 -4.17% 12
London -33 55 £115,000 -4.17% 12
Work from Home +26 16 £100,000 +5.26% 3
UK excluding London -25 5 £85,000 - 3
South East +9 3 £115,000 - 3
South West - 2 £55,000 -

Algorithmic Trading
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (1.67%) Apache
1 1 (1.67%) SAS
Applications
1 2 (3.33%) Simulink
1 2 (3.33%) Stateflow
Business Applications
1 2 (3.33%) Towers Watson Igloo
Cloud Services
1 3 (5.00%) Power Platform
2 2 (3.33%) Azure
3 1 (1.67%) AWS
3 1 (1.67%) Cloud Computing
3 1 (1.67%) GitHub
Database & Business Intelligence
1 6 (10.00%) Tableau
2 4 (6.67%) KDB
2 4 (6.67%) Tick Data
3 3 (5.00%) Power BI
4 2 (3.33%) Looker
4 2 (3.33%) SQL Server
5 1 (1.67%) Apache Arrow
5 1 (1.67%) PostgreSQL
5 1 (1.67%) Relational Database
Development Applications
1 3 (5.00%) Gradle
2 2 (3.33%) Git
3 1 (1.67%) GitLab
General
1 33 (55.00%) Finance
2 17 (28.33%) Social Skills
3 16 (26.67%) Banking
4 15 (25.00%) Front Office
5 13 (21.67%) Investment Banking
6 6 (10.00%) Analytical Skills
7 3 (5.00%) Organisational Skills
8 2 (3.33%) Financial Institution
8 2 (3.33%) Games
8 2 (3.33%) Presentation Skills
Job Titles
1 39 (65.00%) Developer
2 24 (40.00%) Quantitative Developer
3 14 (23.33%) Java Developer
4 12 (20.00%) Senior
5 11 (18.33%) Electronic Trading Developer
5 11 (18.33%) Electronic Trading Java Developer
6 10 (16.67%) C++ Developer
7 8 (13.33%) Python Developer
8 7 (11.67%) Java Quantitative Developer
8 7 (11.67%) Software Engineer
9 6 (10.00%) C++ Quantitative Developer
10 5 (8.33%) Analyst
10 5 (8.33%) Qualitative Analyst
10 5 (8.33%) Quantitative Analyst
10 5 (8.33%) Senior Developer
11 4 (6.67%) Data Scientist
11 4 (6.67%) Senior Java Developer
11 4 (6.67%) Senior Software Engineer
12 3 (5.00%) Junior
12 3 (5.00%) Junior Analyst
Libraries, Frameworks & Software Standards
1 7 (11.67%) FIX Protocol
2 3 (5.00%) .NET
2 3 (5.00%) AngularJS
2 3 (5.00%) REST
3 2 (3.33%) .NET Core
3 2 (3.33%) .NET Framework
3 2 (3.33%) ASP.NET
3 2 (3.33%) PyTorch
3 2 (3.33%) Spring
3 2 (3.33%) TensorFlow
4 1 (1.67%) ASP.NET Core
4 1 (1.67%) ASP.NET Web API
4 1 (1.67%) Entity Framework
4 1 (1.67%) Kafka
4 1 (1.67%) LINQ
4 1 (1.67%) NumPy
4 1 (1.67%) OAuth
4 1 (1.67%) OpenID
4 1 (1.67%) RESTful
4 1 (1.67%) ZeroMQ
Miscellaneous
1 23 (38.33%) Algorithms
2 14 (23.33%) Equities
3 12 (20.00%) Foreign Exchange (FX)
3 12 (20.00%) Hedge funds
4 10 (16.67%) Fixed Income
5 6 (10.00%) Data Structures
6 4 (6.67%) Distributed Systems
7 3 (5.00%) Renewable Energy
8 2 (3.33%) Cloud Native
8 2 (3.33%) Enterprise Software
8 2 (3.33%) Greenfield Project
8 2 (3.33%) Robotics
8 2 (3.33%) VWAP
9 1 (1.67%) Cyber Defence
9 1 (1.67%) Cyber Threat
9 1 (1.67%) Product Ownership
Operating Systems
1 10 (16.67%) Linux
2 2 (3.33%) Unix
Processes & Methodologies
1 22 (36.67%) Electronic Trading
2 15 (25.00%) Computer Science
2 15 (25.00%) Mathematics
2 15 (25.00%) Software Engineering
3 14 (23.33%) Low Latency
3 14 (23.33%) Problem-Solving
4 12 (20.00%) Market Making
5 11 (18.33%) Quantitative Trading
6 9 (15.00%) Analytics
7 8 (13.33%) Fintech
7 8 (13.33%) Machine Learning
8 7 (11.67%) Data Analysis
8 7 (11.67%) Decision-Making
8 7 (11.67%) Quantitative Finance
8 7 (11.67%) Quantitative Research
9 6 (10.00%) Continuous Improvement
9 6 (10.00%) Multithreading
9 6 (10.00%) Statistical Modelling
9 6 (10.00%) Test Automation
10 5 (8.33%) Visualisation
Programming Languages
1 26 (43.33%) Java
2 25 (41.67%) Python
3 18 (30.00%) C++
4 11 (18.33%) SQL
5 6 (10.00%) R
6 5 (8.33%) Shell Script
7 3 (5.00%) C#
8 2 (3.33%) MATLAB
8 2 (3.33%) TypeScript
9 1 (1.67%) Go
9 1 (1.67%) Rust
Qualifications
1 13 (21.67%) Degree
2 4 (6.67%) Master's Degree
3 3 (5.00%) PhD
4 2 (3.33%) BPSS Clearance
4 2 (3.33%) Computer Science Degree
4 2 (3.33%) Security Cleared
5 1 (1.67%) CFA
5 1 (1.67%) MBA
Quality Assurance & Compliance
1 1 (1.67%) QA
System Software
1 2 (3.33%) Docker
Systems Management
1 1 (1.67%) Kubernetes
Vendors
1 3 (5.00%) MicroStrategy
2 2 (3.33%) OpenAI
3 1 (1.67%) ION Trading
3 1 (1.67%) Microsoft
3 1 (1.67%) Solace