Period
to 13 November 2018

The median annual salary for a Java Developer - Algorithmic Trading was £75,000 in advertised job vacancies during the 6 months to 13 November 2018.

The first table below provides salary benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Java Developer - Algo Trading
UK
6 months to
13 Nov 2018
Same period 2017 Same period 2016
Rank 1118 1172 1191
Rank change year-on-year +54 +19 +39
Permanent jobs requiring a Java Developer - Algorithmic Trading 23 18 35
As % of all permanent IT jobs advertised in the UK 0.014% 0.010% 0.019%
As % of the Job Titles category 0.015% 0.010% 0.019%
Number of salaries quoted 23 12 35
UK median annual salary £75,000 £90,000 £100,000
Median salary % change year-on-year -16.67% -10.00% +11.11%
10th Percentile £52,500 £57,500 £71,000
90th Percentile £114,500 £108,500 £103,250
UK excluding London median annual salary - - -

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of permanent jobs in our overall sample.

All Permanent IT Job Vacancies
UK
Permanent vacancies in the UK with a recognized job title 156,168 172,304 181,848
% of permanent IT jobs with a recognized job title 95.89% 95.96% 96.59%
Number of salaries quoted 125,823 138,196 152,196
UK median annual salary £50,000 £48,000 £47,500
Median salary % change year-on-year +4.17% +1.05% +5.56%
10th Percentile £27,500 £27,500 £27,000
90th Percentile £82,500 £78,750 £77,500
UK excluding London median annual salary £45,000 £42,500 £42,500
% change year-on-year +5.88% - +4.94%

Java Developer - Algorithmic Trading
Job Vacancy Trend

Job postings that featured Java Developer - Algorithmic Trading in the job title as a percentage of all IT jobs advertised.

Job vacancy trend for Java Developer - Algorithmic Trading in the UK

Java Developer - Algorithmic Trading
Salary Trend

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Java Developer - Algorithmic Trading.

Salary trend for Java Developer - Algorithmic Trading in the UK

Java Developer - Algorithmic Trading
Salary Histogram

The salary distribution of IT jobs citing Java Developer - Algorithmic Trading over the 6 months to 13 November 2018.

Salary histogram for Java Developer - Algorithmic Trading in the UK

Java Developer - Algorithmic Trading
Top 2 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Java Developer - Algorithmic Trading within the UK over the 6 months to 13 November 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
London +65 23 £75,000 -16.67% 1
England +54 23 £75,000 -16.67% 1

Java Developer - Algorithmic Trading Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 13 November 2018, Java Developer - Algorithmic Trading job roles required the following IT skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads featuring Java Developer - Algorithmic Trading in the job title.

1 23 (100.00%) Java
1 23 (100.00%) Algorithmic Trading
2 15 (65.22%) Low Latency
3 14 (60.87%) Multithreading
4 11 (47.83%) Front Office
4 11 (47.83%) Finance
4 11 (47.83%) Fintech
5 10 (43.48%) Hedge funds
6 8 (34.78%) Agile Software Development
7 7 (30.43%) TDD
8 6 (26.09%) Electronic Trading
8 6 (26.09%) Mathematics
9 5 (21.74%) Equities
10 4 (17.39%) Problem-Solving
10 4 (17.39%) Foreign Exchange (FX)
10 4 (17.39%) Swing
10 4 (17.39%) Ultra-Low Latency
11 3 (13.04%) RESTful
11 3 (13.04%) Scala
11 3 (13.04%) Java Concurrency
11 3 (13.04%) Computer Science
11 3 (13.04%) OO
11 3 (13.04%) OOD
11 3 (13.04%) Web Services
11 3 (13.04%) Unix
11 3 (13.04%) Concurrent Programming
12 2 (8.70%) FIX Protocol
12 2 (8.70%) Algorithms
12 2 (8.70%) Java 8
12 2 (8.70%) SQL

Java Developer - Algorithmic Trading Skill Set
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:

Cloud Services
1 1 (4.35%) GitHub
Communications & Networking
1 1 (4.35%) Internet
Database & Business Intelligence
1 2 (8.70%) MySQL
1 2 (8.70%) PostgreSQL
1 2 (8.70%) Relational Database
1 2 (8.70%) SQLite
General
1 11 (47.83%) Finance
1 11 (47.83%) Front Office
2 2 (8.70%) Banking
3 1 (4.35%) Investment Banking
Libraries, Frameworks & Software Standards
1 4 (17.39%) Swing
2 3 (13.04%) Java Concurrency
2 3 (13.04%) RESTful
2 3 (13.04%) Web Services
3 2 (8.70%) FIX Protocol
3 2 (8.70%) Spring
4 1 (4.35%) Guava
4 1 (4.35%) Guice
4 1 (4.35%) Kafka
Miscellaneous
1 11 (47.83%) Fintech
2 10 (43.48%) Hedge funds
3 5 (21.74%) Equities
4 4 (17.39%) Foreign Exchange (FX)
5 3 (13.04%) Computer Science
6 2 (8.70%) Algorithms
7 1 (4.35%) Data Structures
7 1 (4.35%) Fixed Income
7 1 (4.35%) Greenfield Project
7 1 (4.35%) TWAP
7 1 (4.35%) VWAP
Operating Systems
1 3 (13.04%) Unix
2 1 (4.35%) Linux
Processes & Methodologies
1 23 (100.00%) Algorithmic Trading
2 15 (65.22%) Low Latency
3 14 (60.87%) Multithreading
4 8 (34.78%) Agile Software Development
5 7 (30.43%) TDD
6 6 (26.09%) Electronic Trading
6 6 (26.09%) Mathematics
7 4 (17.39%) Problem-Solving
7 4 (17.39%) Ultra-Low Latency
8 3 (13.04%) Concurrent Programming
8 3 (13.04%) OO
8 3 (13.04%) OOD
9 2 (8.70%) Continuous Integration
9 2 (8.70%) Microservices
9 2 (8.70%) MVC
10 1 (4.35%) Cryptocurrency
10 1 (4.35%) Physics
10 1 (4.35%) Quantitative Trading
10 1 (4.35%) Release Management
10 1 (4.35%) Validation
Programming Languages
1 23 (100.00%) Java
2 3 (13.04%) Scala
3 2 (8.70%) Java 8
3 2 (8.70%) SQL
4 1 (4.35%) C#
4 1 (4.35%) C++
4 1 (4.35%) Kotlin
Qualifications
1 1 (4.35%) Degree
1 1 (4.35%) Master's Degree
1 1 (4.35%) PhD
Vendors
1 2 (8.70%) Oracle
2 1 (4.35%) Facebook
2 1 (4.35%) Google