Period
to 19 February 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 19 February 2018 with a comparison to the same period in the previous 2 years.

Algo Trading
UK
6 months to
19 Feb 2018
Same period 2017 Same period 2016
Rank 744 765 730
Rank change year-on-year +21 -35 +114
Permanent jobs citing Algorithmic Trading 471 424 649
As % of all permanent IT jobs advertised in the UK 0.27% 0.24% 0.31%
As % of the Processes & Methodologies category 0.30% 0.27% 0.35%
Number of salaries quoted 384 369 556
UK median annual salary £90,000 £80,000 £80,000
Median salary % change year-on-year +12.50% - +10.34%
10th Percentile £57,500 £48,750 £45,000
90th Percentile £120,000 £112,500 £110,000
UK excluding London median annual salary £37,500 £27,000 £55,000
% change year-on-year +38.89% -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 157,852 155,291 187,279
As % of all permanent IT jobs advertised in the UK 89.91% 89.54% 88.83%
Number of salaries quoted 127,991 127,938 155,140
UK median annual salary £50,000 £48,500 £47,500
Median salary % change year-on-year +3.09% +2.11% +5.56%
10th Percentile £29,000 £28,250 £27,500
90th Percentile £80,750 £79,750 £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 19 February 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 19 February 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 +23 471 £90,000 +12.50% 67
London +26 467 £90,000 +9.09% 67
UK excluding London -2 4 £37,500 +38.89%
East of England -7 2 £37,500 +66.67%
Midlands - 2 £37,500 -
West Midlands - 2 £37,500 -

For the 6 months to 19 February 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.

1 230 (48.83%) Java
2 193 (40.98%) Finance
3 170 (36.09%) Front Office
4 147 (31.21%) Agile Software Development
5 134 (28.45%) Banking
5 134 (28.45%) SQL
6 132 (28.03%) Equities
7 126 (26.75%) Multithreading
8 123 (26.11%) Low Latency
9 118 (25.05%) Linux
10 103 (21.87%) Algorithms
11 102 (21.66%) Python
11 102 (21.66%) Electronic Trading
12 90 (19.11%) FIX Protocol
13 84 (17.83%) Fixed Income
14 81 (17.20%) Foreign Exchange (FX)
14 81 (17.20%) Degree
15 79 (16.77%) Risk Management
16 78 (16.56%) C#
16 78 (16.56%) C++
16 78 (16.56%) Investment Banking
17 76 (16.14%) Computer Science
18 74 (15.71%) Oracle
19 65 (13.80%) .NET
20 63 (13.38%) Analytical Skills
21 62 (13.16%) Unix
22 61 (12.95%) Mathematics
23 59 (12.53%) Derivative
24 58 (12.31%) Fintech
25 55 (11.68%) Market Making

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 14 (2.97%) Apache Spark
2 8 (1.70%) Ethereum
3 7 (1.49%) Oracle Coherence
4 3 (0.64%) Apache Pig
5 2 (0.42%) Apache
6 1 (0.21%) Jupyter
6 1 (0.21%) Luigi
6 1 (0.21%) SAS
Applications
1 1 (0.21%) Microsoft Office
Business Applications
1 5 (1.06%) Ripple
2 1 (0.21%) MetaTrader
Cloud Services
1 12 (2.55%) SaaS
2 7 (1.49%) Amazon AWS
3 4 (0.85%) GitHub
4 2 (0.42%) Amazon EC2
4 2 (0.42%) Amazon S3
5 1 (0.21%) Amazon ELB
5 1 (0.21%) Amazon SQS
5 1 (0.21%) AWS Lambda
5 1 (0.21%) Microsoft Azure
5 1 (0.21%) Serverless
Communications & Networking
1 13 (2.76%) FIX Connectivity
2 11 (2.34%) LAN
2 11 (2.34%) WAN
3 7 (1.49%) Value-Added Service
4 5 (1.06%) Internet
5 3 (0.64%) IPsec
5 3 (0.64%) Multicast
5 3 (0.64%) VPN
6 2 (0.42%) SSH
7 1 (0.21%) Firewall
7 1 (0.21%) Network Security
7 1 (0.21%) TCP/IP
7 1 (0.21%) Unicast
7 1 (0.21%) Unified Communications
Database & Business Intelligence
1 31 (6.58%) Oracle Database
2 22 (4.67%) Big Data
3 20 (4.25%) Redis
3 20 (4.25%) SQL Server
4 16 (3.40%) KDB
5 13 (2.76%) Blockchain
6 12 (2.55%) Hadoop
7 6 (1.27%) NoSQL
8 4 (0.85%) Data Mining
8 4 (0.85%) Flink
9 3 (0.64%) Apache Hive
9 3 (0.64%) Data Warehouse
9 3 (0.64%) Enterprise Data Warehouse
9 3 (0.64%) InterSystems Cache
9 3 (0.64%) Kdb+
9 3 (0.64%) MySQL
9 3 (0.64%) Relational Database
10 2 (0.42%) MongoDB
10 2 (0.42%) RDBMS
11 1 (0.21%) PostgreSQL
Development Applications
1 13 (2.76%) JUnit
2 9 (1.91%) Maven
3 8 (1.70%) Git (software)
4 7 (1.49%) Mockito
5 6 (1.27%) EasyMock
5 6 (1.27%) TeamCity
6 4 (0.85%) Ant
6 4 (0.85%) Vagrant
7 3 (0.64%) GoogleTest
7 3 (0.64%) Jenkins
7 3 (0.64%) JMeter
7 3 (0.64%) LoadRunner
7 3 (0.64%) NeoLoad
7 3 (0.64%) Selenium
7 3 (0.64%) Visual Studio Team System
7 3 (0.64%) WebLOAD
8 2 (0.42%) Gradle
8 2 (0.42%) IntelliJ
8 2 (0.42%) JIRA
9 1 (0.21%) Eclipse
General
1 193 (40.98%) Finance
2 170 (36.09%) Front Office
3 134 (28.45%) Banking
4 78 (16.56%) Investment Banking
5 30 (6.37%) Legal
6 29 (6.16%) Games
7 20 (4.25%) Retail Banking
8 10 (2.12%) Financial Institution
9 9 (1.91%) Advertising
10 7 (1.49%) Prime Brokerage
11 4 (0.85%) Telecoms
12 3 (0.64%) Back Office
13 1 (0.21%) International Banking
Job Titles
1 305 (64.76%) Developer
2 162 (34.39%) Java Developer
3 80 (16.99%) Algorithmic Trading Developer
4 59 (12.53%) C# Developer
5 39 (8.28%) Quantitative Developer
6 36 (7.64%) C++ Developer
7 34 (7.22%) Python Developer
8 33 (7.01%) Java Developer - Algorithmic Trading
9 31 (6.58%) Senior Developer
10 29 (6.16%) Analyst
11 28 (5.94%) Applications Support
12 27 (5.73%) C# Developer - Algorithmic Trading
13 24 (5.10%) Front Office Developer
14 22 (4.67%) Support Specialist
15 21 (4.46%) Low Latency Java Developer
16 20 (4.25%) C++ Quantitative Developer
17 19 (4.03%) Java Quantitative Developer
18 17 (3.61%) Market Data Developer
19 14 (2.97%) FIX Analyst
19 14 (2.97%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 90 (19.11%) FIX Protocol
2 65 (13.80%) .NET
3 40 (8.49%) Akka
4 26 (5.52%) WPF
5 24 (5.10%) WinForms
6 23 (4.88%) Reactive Extensions
7 19 (4.03%) React
7 19 (4.03%) Spring
8 13 (2.76%) Hibernate
8 13 (2.76%) JMS
9 12 (2.55%) Django
9 12 (2.55%) Redux
10 11 (2.34%) Play Framework
11 8 (1.70%) Kafka
11 8 (1.70%) REST
12 7 (1.49%) Boost C++ Libraries
12 7 (1.49%) Celery
12 7 (1.49%) Rendezvous
12 7 (1.49%) Web Services
12 7 (1.49%) WebSockets
Miscellaneous
1 132 (28.03%) Equities
2 103 (21.87%) Algorithms
3 84 (17.83%) Fixed Income
4 81 (17.20%) Foreign Exchange (FX)
5 76 (16.14%) Computer Science
6 63 (13.38%) Analytical Skills
7 59 (12.53%) Derivative
8 58 (12.31%) Fintech
9 52 (11.04%) Greenfield Project
10 45 (9.55%) Data Structures
11 43 (9.13%) Hedge funds
12 30 (6.37%) Linux Command Line
13 13 (2.76%) Bitcoin
14 12 (2.55%) Equity Derivative
15 7 (1.49%) User Experience
16 5 (1.06%) Client/Server
16 5 (1.06%) Online Gambling
17 4 (0.85%) Virtual Team
18 2 (0.42%) EPoS
19 1 (0.21%) N-Tier
Operating Systems
1 118 (25.05%) Linux
2 62 (13.16%) Unix
3 25 (5.31%) Windows
4 5 (1.06%) CentOS
4 5 (1.06%) Solaris
4 5 (1.06%) Windows NT
5 3 (0.64%) Windows Server
6 1 (0.21%) Mac OS X
6 1 (0.21%) Red Hat Enterprise Linux
6 1 (0.21%) SUSE Linux Enterprise Server
Processes & Methodologies
1 147 (31.21%) Agile Software Development
2 126 (26.75%) Multithreading
3 123 (26.11%) Low Latency
4 102 (21.66%) Electronic Trading
5 79 (16.77%) Risk Management
6 61 (12.95%) Mathematics
7 55 (11.68%) Market Making
8 47 (9.98%) High-Frequency Trading
9 45 (9.55%) Automated Trading
10 43 (9.13%) TDD
11 42 (8.92%) Software Engineering
11 42 (8.92%) Systematic Trading
12 41 (8.70%) Machine Learning
13 40 (8.49%) Cryptocurrency
14 36 (7.64%) E-Commerce
15 34 (7.22%) Analytics
16 32 (6.79%) Proprietary Trading
17 31 (6.58%) Task Automation
18 28 (5.94%) Multithreaded Programming
19 23 (4.88%) Asynchronous Programming
Programming Languages
1 230 (48.83%) Java
2 134 (28.45%) SQL
3 102 (21.66%) Python
4 78 (16.56%) C#
4 78 (16.56%) C++
5 44 (9.34%) Shell Script
6 42 (8.92%) Bash Shell
7 25 (5.31%) F#
8 23 (4.88%) JavaScript
8 23 (4.88%) Scala
9 16 (3.40%) C
10 12 (2.55%) Perl
11 8 (1.70%) T-SQL
12 7 (1.49%) R
13 6 (1.27%) MATLAB
14 4 (0.85%) PowerShell
14 4 (0.85%) TypeScript
15 1 (0.21%) Go
15 1 (0.21%) JSX
15 1 (0.21%) Solidity
Qualifications
1 81 (17.20%) Degree
2 22 (4.67%) PhD
3 13 (2.76%) Computer Science Degree
4 3 (0.64%) Numerate Degree
5 1 (0.21%) CISSP
5 1 (0.21%) Master's Degree
Quality Assurance & Compliance
1 52 (11.04%) QA
2 1 (0.21%) MiFID
System Software
1 6 (1.27%) Apache Flume
1 6 (1.27%) GridGain
2 5 (1.06%) vSphere
3 3 (0.64%) Docker
4 1 (0.21%) Firmware
4 1 (0.21%) NFS
Systems Management
1 6 (1.27%) Hadoop YARN
1 6 (1.27%) Mesos
2 4 (0.85%) Kubernetes
2 4 (0.85%) Nagios
3 2 (0.42%) Ansible
4 1 (0.21%) Puppet
4 1 (0.21%) SCCM
Vendors
1 74 (15.71%) Oracle
2 34 (7.22%) Bloomberg
3 31 (6.58%) Fidessa
4 16 (3.40%) Microsoft
5 15 (3.18%) TIBCO
6 12 (2.55%) Solace
6 12 (2.55%) Sybase
7 6 (1.27%) Red Hat
8 5 (1.06%) Cisco
8 5 (1.06%) LexisNexis
8 5 (1.06%) VMware
9 4 (0.85%) Reuters
9 4 (0.85%) Tableau
10 3 (0.64%) Citrix
10 3 (0.64%) CQG
11 1 (0.21%) StreamBase