Period
to 18 September 2020

The median annual salary for a Java Developer - Algorithmic Trading was £105,000 in advertised job vacancies during the 6 months to 18 September 2020.

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
18 Sep 2020
Same period 2019 Same period 2018
Rank 680 1091 1164
Rank change year-on-year +411 +73 +47
Permanent jobs requiring a Java Developer - Algorithmic Trading 14 4 27
As % of all permanent jobs advertised in the UK 0.028% 0.003% 0.016%
As % of the Job Titles category 0.029% 0.003% 0.017%
Number of salaries quoted 21 4 27
Median annual salary £105,000 £120,000 £75,000
Median salary % change year-on-year -12.50% +60.00% -23.08%
10th Percentile £87,500 £107,500 £47,500
90th Percentile £135,000 £136,750 £117,000
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 47,898 135,627 161,147
% of permanent IT jobs with a recognized job title 94.79% 95.78% 96.06%
Number of salaries quoted 39,052 107,966 129,893
Median annual salary £55,000 £50,000 £50,000
Median salary % change year-on-year +10.00% - +5.26%
10th Percentile £32,500 £28,000 £27,500
90th Percentile £90,000 £85,000 £82,500
UK excluding London median annual salary £47,500 £45,000 £45,000
% change year-on-year +5.56% - +5.88%

Java Developer - Algorithmic Trading
Job Vacancy Trend

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

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

Java Developer - Algorithmic Trading
Salary Trend

3-month moving average salary quoted in jobs citing Java Developer - Algorithmic Trading.

Salary trend for Java Developer - Algorithmic Trading in the UK

Java Developer - Algorithmic Trading
Salary Histogram

Salary distribution for jobs citing Java Developer - Algorithmic Trading over the 6 months to 18 September 2020.

Salary histogram for Java Developer - Algorithmic Trading in the UK

Java Developer - Algorithmic Trading
Top 3 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 18 September 2020. 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 +364 14 £105,000 -12.50% 2
London +265 14 £105,000 -12.50% 2
Work from Home - 7 £105,000 - 1

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

For the 6 months to 18 September 2020, 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 14 (100.00%) Java
1 14 (100.00%) Algorithmic Trading
2 11 (78.57%) Multithreading
2 11 (78.57%) Foreign Exchange (FX)
3 10 (71.43%) Low Latency
4 8 (57.14%) FX Algorithmic Trading
5 7 (50.00%) SDLC
5 7 (50.00%) Fintech
5 7 (50.00%) Multithreaded Programming
5 7 (50.00%) Fixed Income
5 7 (50.00%) Equities
6 4 (28.57%) TDD
6 4 (28.57%) Banking
6 4 (28.57%) Concurrent Programming
6 4 (28.57%) BDD
7 3 (21.43%) Market Making
7 3 (21.43%) Test Automation
7 3 (21.43%) Memory Management
7 3 (21.43%) FIX Connectivity
7 3 (21.43%) Java 8
7 3 (21.43%) Investment Banking
7 3 (21.43%) FIX Protocol
7 3 (21.43%) Mathematics
7 3 (21.43%) Physics
7 3 (21.43%) Computer Science
7 3 (21.43%) Unit Testing
7 3 (21.43%) Integration Testing
7 3 (21.43%) Backtesting
8 1 (7.14%) Pair Programming
8 1 (7.14%) Agile Software Development

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:

Communications & Networking
1 3 (21.43%) FIX Connectivity
General
1 4 (28.57%) Banking
2 3 (21.43%) Investment Banking
3 1 (7.14%) Front Office
Libraries, Frameworks & Software Standards
1 3 (21.43%) FIX Protocol
Miscellaneous
1 11 (78.57%) Foreign Exchange (FX)
2 7 (50.00%) Equities
2 7 (50.00%) Fixed Income
3 1 (7.14%) Algorithms
3 1 (7.14%) Data Structures
Processes & Methodologies
1 14 (100.00%) Algorithmic Trading
2 11 (78.57%) Multithreading
3 10 (71.43%) Low Latency
4 8 (57.14%) FX Algorithmic Trading
5 7 (50.00%) Fintech
5 7 (50.00%) Multithreaded Programming
5 7 (50.00%) SDLC
6 4 (28.57%) BDD
6 4 (28.57%) Concurrent Programming
6 4 (28.57%) TDD
7 3 (21.43%) Backtesting
7 3 (21.43%) Computer Science
7 3 (21.43%) Integration Testing
7 3 (21.43%) Market Making
7 3 (21.43%) Mathematics
7 3 (21.43%) Memory Management
7 3 (21.43%) Physics
7 3 (21.43%) Test Automation
7 3 (21.43%) Unit Testing
8 1 (7.14%) Agile Software Development
Programming Languages
1 14 (100.00%) Java
2 3 (21.43%) Java 8