Period
to 24 June 2018

The median annual salary for a Java Developer - Algorithmic Trading was £95,000 in advertised job vacancies during the 6 months to 24 June 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
24 Jun 2018
Same period 2017 Same period 2016
Rank 1146 1170 1226
Rank change year-on-year +24 +56 +41
Permanent jobs requiring a Java Developer - Algorithmic Trading 40 31 62
As % of all permanent IT jobs advertised in the UK 0.023% 0.018% 0.031%
As % of the Job Titles category 0.024% 0.019% 0.032%
Number of salaries quoted 39 20 62
UK median annual salary £95,000 £87,500 £95,000
Median salary % change year-on-year +8.57% -7.89% +15.15%
10th Percentile £50,500 £59,750 £70,500
90th Percentile £121,500 £107,875 £110,000
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 167,325 166,575 194,587
% of permanent IT jobs with a recognized job title 96.26% 96.24% 96.61%
Number of salaries quoted 135,823 137,165 163,448
UK median annual salary £50,000 £47,500 £47,500
Median salary % change year-on-year +5.26% - +5.56%
10th Percentile £27,500 £27,500 £26,500
90th Percentile £80,000 £77,500 £76,250
UK excluding London median annual salary £45,000 £42,500 £42,091
% change year-on-year +5.88% +0.97% +5.23%

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 24 June 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 24 June 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 +2 40 £95,000 +8.57% 4
England 0 40 £95,000 +8.57% 4

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

For the 6 months to 24 June 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 40 (100.00%) Java
1 40 (100.00%) Algorithmic Trading
2 25 (62.50%) Multithreading
3 22 (55.00%) Low Latency
4 18 (45.00%) Fintech
4 18 (45.00%) Hedge funds
5 17 (42.50%) Agile Software Development
5 17 (42.50%) Finance
6 14 (35.00%) TDD
7 13 (32.50%) Concurrent Programming
8 12 (30.00%) Equities
9 11 (27.50%) Java Concurrency
9 11 (27.50%) RESTful
9 11 (27.50%) Web Services
10 10 (25.00%) Electronic Trading
10 10 (25.00%) Banking
11 8 (20.00%) Algorithms
12 6 (15.00%) Derivative
12 6 (15.00%) Foreign Exchange (FX)
12 6 (15.00%) Front Office
13 5 (12.50%) Technical Analysis
14 4 (10.00%) Fixed Income
14 4 (10.00%) Mathematics
14 4 (10.00%) Investment Banking
15 3 (7.50%) Data Analysis
15 3 (7.50%) Spring
15 3 (7.50%) Degree
15 3 (7.50%) Change Management
15 3 (7.50%) TIBCO
15 3 (7.50%) Swing

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 (2.50%) GitHub
Communications & Networking
1 1 (2.50%) Internet
Database & Business Intelligence
1 3 (7.50%) Blockchain
2 1 (2.50%) KDB
2 1 (2.50%) MySQL
2 1 (2.50%) PostgreSQL
2 1 (2.50%) Relational Database
2 1 (2.50%) SQLite
Development Applications
1 2 (5.00%) JUnit
General
1 17 (42.50%) Finance
2 10 (25.00%) Banking
3 6 (15.00%) Front Office
4 4 (10.00%) Investment Banking
5 1 (2.50%) Back Office
Libraries, Frameworks & Software Standards
1 11 (27.50%) Java Concurrency
1 11 (27.50%) RESTful
1 11 (27.50%) Web Services
2 3 (7.50%) Spring
2 3 (7.50%) Swing
3 2 (5.00%) FIX Protocol
3 2 (5.00%) Guava
3 2 (5.00%) Guice
3 2 (5.00%) JMS
4 1 (2.50%) Kafka
4 1 (2.50%) TIBCO EMS
4 1 (2.50%) Ultra Messaging
Miscellaneous
1 18 (45.00%) Fintech
1 18 (45.00%) Hedge funds
2 12 (30.00%) Equities
3 8 (20.00%) Algorithms
4 6 (15.00%) Derivative
4 6 (15.00%) Foreign Exchange (FX)
5 4 (10.00%) Fixed Income
6 2 (5.00%) Analytical Skills
6 2 (5.00%) VWAP
7 1 (2.50%) Computer Science
7 1 (2.50%) TWAP
Operating Systems
1 2 (5.00%) Linux
2 1 (2.50%) Unix
Processes & Methodologies
1 40 (100.00%) Algorithmic Trading
2 25 (62.50%) Multithreading
3 22 (55.00%) Low Latency
4 17 (42.50%) Agile Software Development
5 14 (35.00%) TDD
6 13 (32.50%) Concurrent Programming
7 10 (25.00%) Electronic Trading
8 5 (12.50%) Technical Analysis
9 4 (10.00%) Mathematics
10 3 (7.50%) Analytics
10 3 (7.50%) Change Management
10 3 (7.50%) Data Analysis
10 3 (7.50%) Problem-Solving
10 3 (7.50%) Statistical Modelling
11 2 (5.00%) Continuous Integration
11 2 (5.00%) Market Making
11 2 (5.00%) Software Engineering
11 2 (5.00%) Workflow
11 2 (5.00%) Workflow Management
12 1 (2.50%) Open Source
Programming Languages
1 40 (100.00%) Java
2 2 (5.00%) C++
2 2 (5.00%) Java 8
2 2 (5.00%) SQL
3 1 (2.50%) C#
3 1 (2.50%) Kotlin
3 1 (2.50%) Python
3 1 (2.50%) Scala
Qualifications
1 3 (7.50%) Degree
1 3 (7.50%) Master's Degree
1 3 (7.50%) PhD
Vendors
1 3 (7.50%) TIBCO
2 2 (5.00%) Oracle
2 2 (5.00%) Solace
3 1 (2.50%) Facebook
3 1 (2.50%) Google
3 1 (2.50%) Reuters
3 1 (2.50%) StreamBase