Period
to 20 April 2018

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 20 April 2018 with a comparison to the same period in the previous 2 years.

Algo Trading
UK
6 months to
20 Apr 2018
Same period 2017 Same period 2016
Rank 771 769 735
Rank change year-on-year -2 -34 +148
Permanent jobs citing Algorithmic Trading 461 422 624
As % of all permanent IT jobs advertised in the UK 0.26% 0.24% 0.30%
As % of the Processes & Methodologies category 0.29% 0.27% 0.34%
Number of salaries quoted 397 348 545
UK median annual salary £82,500 £80,000 £80,000
Median salary % change year-on-year +3.13% - +6.67%
10th Percentile £55,000 £45,000 £42,500
90th Percentile £120,000 £112,500 £110,000
UK excluding London median annual salary £60,000 £27,000 £55,000
% change year-on-year +122.22% -50.91% +175.00%

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 161,231 156,030 184,053
As % of all permanent IT jobs advertised in the UK 90.84% 90.43% 89.94%
Number of salaries quoted 130,643 128,474 152,913
UK median annual salary £50,000 £47,500 £47,500
Median salary % change year-on-year +5.26% - +5.56%
10th Percentile £29,128 £27,854 £27,500
90th Percentile £81,250 £78,750 £77,500
UK excluding London median annual salary £45,000 £42,500 £42,500
% change year-on-year +5.88% - +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 20 April 2018.

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 20 April 2018. 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 +23 461 £82,500 +3.13% 37
London +18 458 £82,500 +3.13% 37
UK excluding London -21 3 £60,000 +122.22%
South West - 2 £62,500 -
West Midlands - 1 £37,500 -
Midlands - 1 £37,500 -

For the 6 months to 20 April 2018, 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.

1 204 (44.25%) Java
2 191 (41.43%) Finance
3 170 (36.88%) Front Office
4 150 (32.54%) Agile Software Development
5 142 (30.80%) SQL
6 126 (27.33%) Banking
7 125 (27.11%) Multithreading
8 118 (25.60%) Equities
9 113 (24.51%) Linux
10 112 (24.30%) FIX Protocol
11 109 (23.64%) Electronic Trading
12 107 (23.21%) Algorithms
13 100 (21.69%) Fixed Income
14 96 (20.82%) Low Latency
15 83 (18.00%) Python
16 80 (17.35%) Risk Management
17 79 (17.14%) Analytical Skills
18 78 (16.92%) Degree
19 76 (16.49%) Unix
20 74 (16.05%) Oracle
21 72 (15.62%) Foreign Exchange (FX)
21 72 (15.62%) Computer Science
21 72 (15.62%) Investment Banking
22 70 (15.18%) C#
23 68 (14.75%) Fintech
24 66 (14.32%) Problem-Solving
25 61 (13.23%) .NET
26 60 (13.02%) C++
26 60 (13.02%) Mathematics
27 53 (11.50%) QA

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 8 (1.74%) Oracle Coherence
2 7 (1.52%) Apache Spark
2 7 (1.52%) Ethereum
3 2 (0.43%) Apache
4 1 (0.22%) Jupyter
4 1 (0.22%) Luigi
4 1 (0.22%) SAS
Applications
1 1 (0.22%) Microsoft Office
Business Applications
1 5 (1.08%) Ripple
2 4 (0.87%) Distributed Ledger
3 1 (0.22%) MetaTrader
Cloud Services
1 20 (4.34%) SaaS
2 11 (2.39%) GitHub
3 2 (0.43%) Amazon AWS
Communications & Networking
1 23 (4.99%) FIX Connectivity
2 19 (4.12%) Value-Added Service
3 12 (2.60%) LAN
3 12 (2.60%) WAN
4 9 (1.95%) Internet
5 4 (0.87%) Broadband
5 4 (0.87%) Intranet
5 4 (0.87%) VPN
6 2 (0.43%) Firewall
6 2 (0.43%) Network Security
6 2 (0.43%) TCP/IP
7 1 (0.22%) Unified Communications
Database & Business Intelligence
1 41 (8.89%) Oracle Database
2 22 (4.77%) Redis
3 19 (4.12%) KDB
4 18 (3.90%) SQL Server
5 17 (3.69%) Big Data
6 16 (3.47%) Blockchain
7 6 (1.30%) Hadoop
8 5 (1.08%) InterSystems Cache
8 5 (1.08%) NoSQL
9 4 (0.87%) Kdb+
10 3 (0.65%) Data Warehouse
10 3 (0.65%) Enterprise Data Warehouse
11 1 (0.22%) Apache Cassandra
11 1 (0.22%) MongoDB
11 1 (0.22%) MySQL
11 1 (0.22%) PostgreSQL
11 1 (0.22%) RDBMS
11 1 (0.22%) Relational Database
11 1 (0.22%) SQL Server 2008
11 1 (0.22%) Sqoop
Development Applications
1 20 (4.34%) Maven
2 14 (3.04%) Git (software)
3 13 (2.82%) JUnit
4 9 (1.95%) Mockito
4 9 (1.95%) TeamCity
5 8 (1.74%) EasyMock
5 8 (1.74%) Jenkins
6 5 (1.08%) Vagrant
7 4 (0.87%) Selenium
8 3 (0.65%) JIRA
8 3 (0.65%) JMeter
8 3 (0.65%) LoadRunner
8 3 (0.65%) NeoLoad
8 3 (0.65%) Visual Studio Team System
8 3 (0.65%) WebLOAD
9 1 (0.22%) Eclipse
9 1 (0.22%) IntelliJ
9 1 (0.22%) Mercurial
9 1 (0.22%) Subversion
9 1 (0.22%) Visual Studio
General
1 191 (41.43%) Finance
2 170 (36.88%) Front Office
3 126 (27.33%) Banking
4 72 (15.62%) Investment Banking
5 41 (8.89%) Legal
6 27 (5.86%) Games
7 23 (4.99%) Prime Brokerage
8 12 (2.60%) Advertising
9 9 (1.95%) Financial Institution
10 3 (0.65%) Back Office
11 2 (0.43%) Telecoms
12 1 (0.22%) International Banking
12 1 (0.22%) Law
Job Titles
1 281 (60.95%) Developer
2 148 (32.10%) Java Developer
3 84 (18.22%) Algorithmic Trading Developer
4 54 (11.71%) C# Developer
5 37 (8.03%) Analyst
5 37 (8.03%) Quantitative Developer
6 36 (7.81%) C++ Developer
6 36 (7.81%) Java Developer - Algorithmic Trading
7 30 (6.51%) Applications Support
7 30 (6.51%) Python Developer
8 24 (5.21%) C# Developer - Algorithmic Trading
9 22 (4.77%) Support Specialist
10 21 (4.56%) Front Office Developer
10 21 (4.56%) Senior Developer
11 20 (4.34%) Java Quantitative Developer
12 18 (3.90%) C++ Quantitative Developer
13 16 (3.47%) Junior
14 15 (3.25%) FIX Analyst
15 14 (3.04%) Electronic Trading Developer
16 13 (2.82%) Electronic Trading Java Developer
Libraries, Frameworks & Software Standards
1 112 (24.30%) FIX Protocol
2 61 (13.23%) .NET
3 22 (4.77%) WPF
4 21 (4.56%) Akka.NET
4 21 (4.56%) Reactive Extensions
4 21 (4.56%) WinForms
5 17 (3.69%) Akka
5 17 (3.69%) React
5 17 (3.69%) Redux
5 17 (3.69%) Spring
6 14 (3.04%) JMS
7 13 (2.82%) Play Framework
8 12 (2.60%) Hibernate
9 11 (2.39%) RESTful
10 10 (2.17%) Django
10 10 (2.17%) Web Services
10 10 (2.17%) WebSockets
11 9 (1.95%) Rendezvous
12 8 (1.74%) Drools
12 8 (1.74%) JMX
Miscellaneous
1 118 (25.60%) Equities
2 107 (23.21%) Algorithms
3 100 (21.69%) Fixed Income
4 79 (17.14%) Analytical Skills
5 72 (15.62%) Computer Science
5 72 (15.62%) Foreign Exchange (FX)
6 68 (14.75%) Fintech
7 53 (11.50%) Hedge funds
8 48 (10.41%) Greenfield Project
9 46 (9.98%) Derivative
10 40 (8.68%) Linux Command Line
11 30 (6.51%) Data Structures
12 13 (2.82%) Equity Derivative
13 12 (2.60%) User Experience
14 11 (2.39%) Bitcoin
15 8 (1.74%) Virtual Team
16 7 (1.52%) Self-Motivation
17 5 (1.08%) Client/Server
17 5 (1.08%) Equity Risk
18 4 (0.87%) Online Gambling
Operating Systems
1 113 (24.51%) Linux
2 76 (16.49%) Unix
3 15 (3.25%) Windows
4 4 (0.87%) Android
5 3 (0.65%) Windows Server
6 1 (0.22%) CentOS
6 1 (0.22%) Red Hat Enterprise Linux
6 1 (0.22%) Solaris
6 1 (0.22%) SUSE Linux Enterprise Server
6 1 (0.22%) Windows NT
Processes & Methodologies
1 150 (32.54%) Agile Software Development
2 125 (27.11%) Multithreading
3 109 (23.64%) Electronic Trading
4 96 (20.82%) Low Latency
5 80 (17.35%) Risk Management
6 66 (14.32%) Problem-Solving
7 60 (13.02%) Mathematics
8 49 (10.63%) Automated Trading
9 48 (10.41%) TDD
10 45 (9.76%) Market Making
11 43 (9.33%) High-Frequency Trading
12 41 (8.89%) Task Automation
13 39 (8.46%) Machine Learning
14 38 (8.24%) Systematic Trading
15 37 (8.03%) Cryptocurrency
16 36 (7.81%) Software Engineering
17 35 (7.59%) Multithreaded Programming
18 31 (6.72%) E-Commerce
19 27 (5.86%) Analytics
20 26 (5.64%) Proprietary Trading
Programming Languages
1 204 (44.25%) Java
2 142 (30.80%) SQL
3 83 (18.00%) Python
4 70 (15.18%) C#
5 60 (13.02%) C++
6 50 (10.85%) Shell Script
7 49 (10.63%) Bash Shell
8 30 (6.51%) JavaScript
9 22 (4.77%) F#
10 16 (3.47%) Scala
11 11 (2.39%) Perl
12 9 (1.95%) Java 8
13 8 (1.74%) T-SQL
14 5 (1.08%) R
15 4 (0.87%) MATLAB
15 4 (0.87%) PowerShell
15 4 (0.87%) TypeScript
16 3 (0.65%) JSX
17 2 (0.43%) PL/SQL
18 1 (0.22%) C
Qualifications
1 78 (16.92%) Degree
2 21 (4.56%) PhD
3 19 (4.12%) Computer Science Degree
4 3 (0.65%) Master's Degree
4 3 (0.65%) Numerate Degree
5 2 (0.43%) CISSP
Quality Assurance & Compliance
1 53 (11.50%) QA
2 1 (0.22%) MiFID
System Software
1 9 (1.95%) Docker
2 8 (1.74%) GridGain
3 4 (0.87%) Apache Flume
3 4 (0.87%) Terminal Server
4 1 (0.22%) Firmware
4 1 (0.22%) NFS
4 1 (0.22%) vSphere
Systems Management
1 9 (1.95%) Kubernetes
2 6 (1.30%) Ansible
3 5 (1.08%) Puppet
4 4 (0.87%) Hadoop YARN
4 4 (0.87%) Mesos
5 2 (0.43%) Nagios
6 1 (0.22%) SCCM
Vendors
1 74 (16.05%) Oracle
2 45 (9.76%) Bloomberg
3 41 (8.89%) Fidessa
4 17 (3.69%) Microsoft
5 14 (3.04%) TIBCO
6 13 (2.82%) Solace
7 7 (1.52%) Citrix
8 6 (1.30%) Sybase
9 5 (1.08%) LexisNexis
10 4 (0.87%) MarketAxess
10 4 (0.87%) Tradeweb
11 2 (0.43%) Red Hat
11 2 (0.43%) Reuters
12 1 (0.22%) Cisco
12 1 (0.22%) StreamBase
12 1 (0.22%) VMware