Period
to 24 November 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 24 November 2017 with a comparison to the same period in the previous 2 years.

Algo Trading
UK
6 months to
24 Nov 2017
Same period 2016 Same period 2015
Rank 771 815 731
Rank change year-on-year +44 -84 +78
Permanent jobs citing Algorithmic Trading 459 417 671
As % of all permanent IT jobs advertised in the UK 0.25% 0.22% 0.31%
As % of the Processes & Methodologies category 0.28% 0.25% 0.35%
Number of salaries quoted 307 369 579
UK median annual salary £90,000 £82,500 £80,000
Median salary % change year-on-year +9.09% +3.13% +6.67%
10th Percentile £57,500 £51,250 £47,500
90th Percentile £120,000 £112,500 £112,500
UK excluding London median annual salary £37,500 £27,000 £55,000
% change year-on-year +38.89% -50.91% +18.92%

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 161950 169183 194286
As % of all permanent IT jobs advertised in the UK 89.90% 89.41% 88.80%
Number of salaries quoted 127926 140515 160119
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 £79,800 £77,500
UK excluding London median annual salary £44,000 £42,500 £42,500
% change year-on-year +3.53% - +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 24 November 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 24 November 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 +92 458 £90,000 +9.09% 31
London +39 454 £90,000 +9.09% 31
UK excluding London +37 5 £37,500 +38.89%
East of England +7 2 £37,500 +66.67%
Midlands - 2 £37,500 -
West Midlands - 2 £37,500 -
Scotland -20 1 - -

For the 6 months to 24 November 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.

1 220 (47.93%) Java
2 185 (40.31%) Finance
3 158 (34.42%) Linux
4 153 (33.33%) Equities
5 152 (33.12%) Low Latency
6 151 (32.90%) Agile Software Development
6 151 (32.90%) Foreign Exchange (FX)
7 149 (32.46%) Front Office
8 146 (31.81%) Banking
9 138 (30.07%) SQL
10 126 (27.45%) C++
11 121 (26.36%) Multithreading
12 117 (25.49%) Derivative
13 114 (24.84%) C#
14 106 (23.09%) Python
15 102 (22.22%) Electronic Trading
16 101 (22.00%) Investment Banking
17 100 (21.79%) Data Structures
18 85 (18.52%) Algorithms
19 82 (17.86%) Computer Science
20 79 (17.21%) .NET
21 74 (16.12%) Wealth Management
22 73 (15.90%) Test Automation
23 71 (15.47%) Continuous Integration
24 66 (14.38%) QA
25 65 (14.16%) Asset Management
25 65 (14.16%) Oracle
25 65 (14.16%) Risk Management
26 64 (13.94%) Retail Banking
27 63 (13.73%) Degree

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 18 (3.92%) Oracle Coherence
2 15 (3.27%) Apache Spark
3 3 (0.65%) Apache Pig
4 1 (0.22%) Apache
4 1 (0.22%) Confluence
4 1 (0.22%) Ethereum
Applications
1 1 (0.22%) GNU Octave
Business Applications
1 1 (0.22%) RMDS
Cloud Services
1 9 (1.96%) Amazon AWS
2 8 (1.74%) SaaS
3 6 (1.31%) GitHub
4 4 (0.87%) Amazon EC2
4 4 (0.87%) Amazon S3
5 3 (0.65%) Amazon ELB
6 2 (0.44%) Microsoft Azure
7 1 (0.22%) Amazon SQS
7 1 (0.22%) AWS Lambda
7 1 (0.22%) Serverless
Communications & Networking
1 15 (3.27%) LAN
1 15 (3.27%) WAN
2 13 (2.83%) IPsec
2 13 (2.83%) VPN
3 7 (1.53%) SSH
4 6 (1.31%) Firewall
5 5 (1.09%) DHCP
5 5 (1.09%) DNS
5 5 (1.09%) HTTP
5 5 (1.09%) HTTPS
5 5 (1.09%) Kerberos
6 3 (0.65%) Multicast
7 1 (0.22%) Unicast
Database & Business Intelligence
1 30 (6.54%) SQL Server
2 20 (4.36%) Oracle Database
3 16 (3.49%) Hadoop
4 14 (3.05%) Big Data
5 13 (2.83%) KDB
6 8 (1.74%) NoSQL
7 7 (1.53%) MySQL
8 5 (1.09%) InfluxDB
8 5 (1.09%) PostgreSQL
8 5 (1.09%) SQLite
9 4 (0.87%) Data Mining
9 4 (0.87%) Flink
10 3 (0.65%) Amazon RDS
10 3 (0.65%) Apache Hive
10 3 (0.65%) Blockchain
10 3 (0.65%) MongoDB
10 3 (0.65%) Relational Database
11 2 (0.44%) HBase
11 2 (0.44%) Kdb+
11 2 (0.44%) Sqoop
Development Applications
1 11 (2.40%) Git (software)
2 9 (1.96%) JUnit
2 9 (1.96%) TeamCity
3 8 (1.74%) Jenkins
4 7 (1.53%) Maven
5 5 (1.09%) Gerrit
5 5 (1.09%) GoogleTest
5 5 (1.09%) Mockito
6 4 (0.87%) Ant
6 4 (0.87%) EasyMock
6 4 (0.87%) Gradle
7 3 (0.65%) JIRA
8 2 (0.44%) IBM UrbanCode
8 2 (0.44%) IntelliJ
9 1 (0.22%) Eclipse
9 1 (0.22%) Sonatype Nexus
9 1 (0.22%) Vagrant
General
1 185 (40.31%) Finance
2 149 (32.46%) Front Office
3 146 (31.81%) Banking
4 101 (22.00%) Investment Banking
5 64 (13.94%) Retail Banking
6 41 (8.93%) Games
7 9 (1.96%) Advertising
8 6 (1.31%) Back Office
8 6 (1.31%) Legal
9 5 (1.09%) Financial Institution
10 4 (0.87%) Telecoms
11 1 (0.22%) International Banking
11 1 (0.22%) Retail
Job Titles
1 316 (68.85%) Developer
2 171 (37.25%) Java Developer
3 79 (17.21%) C# Developer
4 58 (12.64%) Algorithmic Trading Developer
4 58 (12.64%) Low Latency Java Developer
5 57 (12.42%) Market Data Developer
6 41 (8.93%) Applications Support
7 38 (8.28%) Analyst
8 35 (7.63%) Senior Developer
9 34 (7.41%) Quantitative Developer
10 31 (6.75%) C++ Developer
11 26 (5.66%) C# Developer - Algorithmic Trading
12 23 (5.01%) Python Developer
13 22 (4.79%) FIX Analyst
13 22 (4.79%) Linux Engineer
14 20 (4.36%) Applications Engineer
14 20 (4.36%) Applications Support Engineer
14 20 (4.36%) Java Quantitative Developer
14 20 (4.36%) Support Engineer
15 19 (4.14%) Support Analyst
Libraries, Frameworks & Software Standards
1 79 (17.21%) .NET
2 53 (11.55%) FIX Protocol
3 45 (9.80%) Akka
4 37 (8.06%) Reactive Extensions
5 32 (6.97%) WPF
6 26 (5.66%) WinForms
7 16 (3.49%) Kafka
7 16 (3.49%) Spring
8 14 (3.05%) React
9 10 (2.18%) Hibernate
10 9 (1.96%) JMS
11 7 (1.53%) Boost C++ Libraries
12 6 (1.31%) Django
12 6 (1.31%) GraphX
12 6 (1.31%) HTML
12 6 (1.31%) HTML5
12 6 (1.31%) J2SE
12 6 (1.31%) RabbitMQ
13 5 (1.09%) LAMP
13 5 (1.09%) Web Services
Miscellaneous
1 153 (33.33%) Equities
2 151 (32.90%) Foreign Exchange (FX)
3 117 (25.49%) Derivative
4 100 (21.79%) Data Structures
5 85 (18.52%) Algorithms
6 82 (17.86%) Computer Science
7 60 (13.07%) Greenfield Project
8 58 (12.64%) Fixed Income
9 46 (10.02%) Hedge funds
10 40 (8.71%) Analytical Skills
11 33 (7.19%) Fintech
12 16 (3.49%) Equity Derivative
13 15 (3.27%) Credit Risk
14 6 (1.31%) Linux Command Line
14 6 (1.31%) N-Tier
15 3 (0.65%) EPoS
16 2 (0.44%) Bitcoin
16 2 (0.44%) Client/Server
16 2 (0.44%) Field-Programmable Gate Array
16 2 (0.44%) Online Gambling
Operating Systems
1 158 (34.42%) Linux
2 55 (11.98%) Unix
3 36 (7.84%) Windows
4 13 (2.83%) CentOS
5 11 (2.40%) Solaris
6 10 (2.18%) Windows Server
7 9 (1.96%) Red Hat Enterprise Linux
8 8 (1.74%) Windows NT
9 1 (0.22%) Mac OS X
9 1 (0.22%) SUSE Linux Enterprise Server
Processes & Methodologies
1 152 (33.12%) Low Latency
2 151 (32.90%) Agile Software Development
3 121 (26.36%) Multithreading
4 102 (22.22%) Electronic Trading
5 74 (16.12%) Wealth Management
6 73 (15.90%) Test Automation
7 71 (15.47%) Continuous Integration
8 65 (14.16%) Asset Management
8 65 (14.16%) Risk Management
9 61 (13.29%) E-Commerce
10 58 (12.64%) Regression Testing
11 52 (11.33%) Mathematics
12 46 (10.02%) TDD
13 39 (8.50%) Market Making
13 39 (8.50%) Systematic Trading
14 37 (8.06%) Automated Trading
14 37 (8.06%) OOA/OOD
14 37 (8.06%) OOD
15 34 (7.41%) Proprietary Trading
16 28 (6.10%) Analytics
Programming Languages
1 220 (47.93%) Java
2 138 (30.07%) SQL
3 126 (27.45%) C++
4 114 (24.84%) C#
5 106 (23.09%) Python
6 63 (13.73%) C
7 39 (8.50%) F#
8 30 (6.54%) Shell Script
9 27 (5.88%) Perl
10 22 (4.79%) Bash Shell
11 16 (3.49%) Scala
12 13 (2.83%) JavaScript
13 6 (1.31%) Ruby
14 5 (1.09%) MATLAB
14 5 (1.09%) R
15 4 (0.87%) ECMAScript
15 4 (0.87%) TypeScript
16 3 (0.65%) PowerShell
16 3 (0.65%) VBA
17 1 (0.22%) Go
Qualifications
1 63 (13.73%) Degree
2 17 (3.70%) PhD
3 9 (1.96%) Computer Science Degree
4 2 (0.44%) CCNA
4 2 (0.44%) Cisco Certification
4 2 (0.44%) Numerate Degree
5 1 (0.22%) Master's Degree
Quality Assurance & Compliance
1 66 (14.38%) QA
System Software
1 9 (1.96%) Docker
2 6 (1.31%) Apache Flume
3 5 (1.09%) LXC
3 5 (1.09%) vSphere
4 4 (0.87%) GridGain
5 2 (0.44%) Apache ZooKeeper
5 2 (0.44%) HDFS
5 2 (0.44%) Tivoli Workload Scheduler
6 1 (0.22%) Firmware
6 1 (0.22%) NFS
Systems Management
1 9 (1.96%) Nagios
2 8 (1.74%) Hadoop YARN
3 6 (1.31%) Ansible
3 6 (1.31%) Kubernetes
3 6 (1.31%) Mesos
3 6 (1.31%) Puppet
4 5 (1.09%) CFEngine
4 5 (1.09%) Cobbler
4 5 (1.09%) collectd
4 5 (1.09%) Opscode Chef
4 5 (1.09%) rkt
4 5 (1.09%) yum
5 2 (0.44%) Tivoli
Vendors
1 65 (14.16%) Oracle
2 21 (4.58%) Bloomberg
3 17 (3.70%) Microsoft
3 17 (3.70%) Sybase
4 16 (3.49%) Reuters
5 15 (3.27%) CQG
6 14 (3.05%) TIBCO
7 12 (2.61%) Solace
8 11 (2.40%) Red Hat
9 8 (1.74%) Dell
9 8 (1.74%) HP
10 7 (1.53%) Fidessa
11 5 (1.09%) Cisco
11 5 (1.09%) SolarWinds
11 5 (1.09%) VMware
12 4 (0.87%) Tableau
13 2 (0.44%) Dynatrace
13 2 (0.44%) NetIQ
13 2 (0.44%) Splunk
14 1 (0.22%) Progress