Period
to 17 February 2020

The median annual salary for a Java Developer - Algorithmic Trading was £130,000 in advertised job vacancies during the 6 months to 17 February 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
17 Feb 2020
Same period 2019 Same period 2018
Rank 987 1108 1161
Rank change year-on-year +121 +53 +14
Permanent jobs requiring a Java Developer - Algorithmic Trading 20 8 32
As % of all permanent IT jobs advertised in the UK 0.016% 0.005% 0.018%
As % of the Job Titles category 0.017% 0.006% 0.019%
Number of salaries quoted 20 8 29
UK median annual salary £130,000 £90,000 £95,000
Median salary % change year-on-year +44.44% -5.26% +7.04%
10th Percentile £107,500 £65,000 £57,500
90th Percentile £135,000 £118,000 £120,000
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 117,818 143,402 168,736
% of permanent IT jobs with a recognized job title 95.51% 95.91% 96.34%
Number of salaries quoted 94,407 114,707 138,178
UK median annual salary £52,500 £50,000 £50,000
Median salary % change year-on-year +5.00% - +5.26%
10th Percentile £29,000 £28,250 £27,500
90th Percentile £87,500 £83,750 £80,000
UK excluding London median annual salary £45,000 £45,000 £42,500
% change year-on-year - +5.88% -

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
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 17 February 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 +110 20 £130,000 +44.44% 1
London +79 20 £130,000 +44.44% 1

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

For the 6 months to 17 February 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 20 (100.00%) Java
1 20 (100.00%) Algorithmic Trading
2 17 (85.00%) Equities
3 10 (50.00%) Multithreading
3 10 (50.00%) Low Latency
3 10 (50.00%) TDD
3 10 (50.00%) Banking
3 10 (50.00%) BDD
3 10 (50.00%) Market Making
4 9 (45.00%) FIX Connectivity
4 9 (45.00%) Foreign Exchange (FX)
4 9 (45.00%) Test Automation
4 9 (45.00%) FIX Protocol
5 8 (40.00%) Computer Science
5 8 (40.00%) Investment Banking
5 8 (40.00%) Java 8
6 7 (35.00%) Concurrent Programming
6 7 (35.00%) Mathematics
7 6 (30.00%) Physics
7 6 (30.00%) Unit Testing
7 6 (30.00%) Integration Testing
7 6 (30.00%) Memory Management
7 6 (30.00%) Backtesting
8 3 (15.00%) TIBCO
8 3 (15.00%) Agile Software Development
8 3 (15.00%) Solace
9 2 (10.00%) FX Algorithmic Trading
9 2 (10.00%) Multithreaded Programming
9 2 (10.00%) Front Office
9 2 (10.00%) KDB

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:

Application Platforms
1 1 (5.00%) SmartSockets
Communications & Networking
1 9 (45.00%) FIX Connectivity
2 2 (10.00%) Multicast
Database & Business Intelligence
1 2 (10.00%) KDB
Development Applications
1 1 (5.00%) Jenkins
General
1 10 (50.00%) Banking
2 8 (40.00%) Investment Banking
3 2 (10.00%) Front Office
Libraries, Frameworks & Software Standards
1 9 (45.00%) FIX Protocol
2 1 (5.00%) Middleware
2 1 (5.00%) Rendezvous
2 1 (5.00%) Ultra Messaging
Miscellaneous
1 17 (85.00%) Equities
2 9 (45.00%) Foreign Exchange (FX)
3 1 (5.00%) Data Structures
3 1 (5.00%) Fixed Income
Processes & Methodologies
1 20 (100.00%) Algorithmic Trading
2 10 (50.00%) BDD
2 10 (50.00%) Low Latency
2 10 (50.00%) Market Making
2 10 (50.00%) Multithreading
2 10 (50.00%) TDD
3 9 (45.00%) Test Automation
4 8 (40.00%) Computer Science
5 7 (35.00%) Concurrent Programming
5 7 (35.00%) Mathematics
6 6 (30.00%) Backtesting
6 6 (30.00%) Integration Testing
6 6 (30.00%) Memory Management
6 6 (30.00%) Physics
6 6 (30.00%) Unit Testing
7 3 (15.00%) Agile Software Development
8 2 (10.00%) FX Algorithmic Trading
8 2 (10.00%) Multithreaded Programming
9 1 (5.00%) JVM Tuning
9 1 (5.00%) Technical Leadership
Programming Languages
1 20 (100.00%) Java
2 8 (40.00%) Java 8
Qualifications
1 1 (5.00%) Degree
Vendors
1 3 (15.00%) Solace
1 3 (15.00%) TIBCO