Systematic Trading (Mechanical Trading)
UK

The following table provides summary statistics for permanent job vacancies with a requirement for Systematic Trading skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Systematic Trading over the 6 months to 4 December 2023 with a comparison to the same period in the previous 2 years.

6 months to
4 Dec 2023
Same period 2022 Same period 2021
Rank 696 1019 1059
Rank change year-on-year +323 +40 -333
Permanent jobs citing Systematic Trading 45 57 39
As % of all permanent jobs advertised in the UK 0.085% 0.046% 0.030%
As % of the Processes & Methodologies category 0.090% 0.048% 0.032%
Number of salaries quoted 39 55 24
10th Percentile £71,500 £70,500 -
25th Percentile £110,000 £92,500 £47,500
Median annual salary (50th Percentile) £145,000 £137,500 £110,000
Median % change year-on-year +5.45% +25.00% +10.00%
75th Percentile £176,250 £200,000 £121,250
90th Percentile £225,000 £250,000 £135,000
UK excluding London median annual salary - £82,500 £50,000
% change year-on-year - +65.00% -

All Process and Methodology Skills
UK

Systematic 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.

Permanent vacancies with a requirement for process or methodology skills 50,088 118,671 122,416
As % of all permanent jobs advertised in the UK 94.09% 95.74% 95.45%
Number of salaries quoted 36,209 72,079 81,851
10th Percentile £32,500 £34,492 £32,500
25th Percentile £43,750 £45,000 £42,500
Median annual salary (50th Percentile) £60,000 £60,000 £60,000
Median % change year-on-year - - +9.09%
75th Percentile £80,000 £82,000 £77,500
90th Percentile £99,025 £100,000 £95,000
UK excluding London median annual salary £52,500 £53,219 £50,000
% change year-on-year -1.35% +6.44% +4.17%

Systematic Trading
Job Vacancy Trend

Job postings citing Systematic Trading as a proportion of all IT jobs advertised.

Job vacancy trend for Systematic Trading in the UK

Systematic Trading
Salary Trend

3-month moving average salary quoted in jobs citing Systematic Trading.

Salary trend for Systematic Trading in the UK

Systematic Trading
Salary Histogram

Salary distribution for jobs citing Systematic Trading over the 6 months to 4 December 2023.

Salary histogram for Systematic Trading in the UK

Systematic 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 Systematic Trading within the UK over the 6 months to 4 December 2023. 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
Jobs
England +330 45 £145,000 -3.33% 61
London +265 45 £145,000 -3.33% 55
Work from Home +253 6 £97,500 -25.00% 22

Systematic Trading
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (2.22%) Apache Spark
Cloud Services
1 5 (11.11%) AWS
2 1 (2.22%) ChatGPT
2 1 (2.22%) GCP
2 1 (2.22%) Power Platform
2 1 (2.22%) Snowflake
Communications & Networking
1 4 (8.89%) TCP/IP
2 1 (2.22%) LAN
2 1 (2.22%) WAN
Database & Business Intelligence
1 7 (15.56%) Tick Data
2 2 (4.44%) SQL Server
3 1 (2.22%) Data Lake
3 1 (2.22%) Data Warehouse
3 1 (2.22%) MongoDB
3 1 (2.22%) PostgreSQL
3 1 (2.22%) Power BI
3 1 (2.22%) Tableau
General
1 18 (40.00%) Finance
2 15 (33.33%) Social Skills
3 13 (28.89%) Front Office
4 5 (11.11%) Marketing
5 3 (6.67%) Banking
5 3 (6.67%) Investment Banking
6 1 (2.22%) Analytical Skills
Job Titles
1 23 (51.11%) Developer
2 15 (33.33%) C++ Developer
3 6 (13.33%) Python Developer
3 6 (13.33%) Python Engineer
3 6 (13.33%) Quantitative Developer
4 4 (8.89%) Software Engineer
5 3 (6.67%) Kubernetes Engineer
5 3 (6.67%) UI Engineer
6 2 (4.44%) Algorithm Engineer
6 2 (4.44%) C++ Quantitative Developer
6 2 (4.44%) C++ Software Engineer
6 2 (4.44%) Full Stack Engineer
6 2 (4.44%) Lead
6 2 (4.44%) Linux Engineer
6 2 (4.44%) Low Latency C++ Developer
6 2 (4.44%) Pricing Developer
6 2 (4.44%) Principal Engineer
6 2 (4.44%) Senior
7 1 (2.22%) Junior C++ Developer
7 1 (2.22%) Senior Quantitative Developer
Libraries, Frameworks & Software Standards
1 5 (11.11%) CSS
1 5 (11.11%) GraphQL
1 5 (11.11%) gRPC
1 5 (11.11%) HTML
1 5 (11.11%) Kafka
1 5 (11.11%) Node.js
1 5 (11.11%) React
1 5 (11.11%) WebSockets
2 4 (8.89%) STL
3 1 (2.22%) Pandas
3 1 (2.22%) WPF
Miscellaneous
1 22 (48.89%) Hedge funds
2 17 (37.78%) Foreign Exchange (FX)
3 10 (22.22%) Equities
4 9 (20.00%) Fixed Income
5 7 (15.56%) Distributed Systems
6 5 (11.11%) Distributed Architecture
7 4 (8.89%) Greenfield Project
8 2 (4.44%) Data Structures
9 1 (2.22%) Derivative
9 1 (2.22%) Equity Derivative
Operating Systems
1 19 (42.22%) Linux
2 2 (4.44%) Unix
2 2 (4.44%) Windows
3 1 (2.22%) CentOS
Processes & Methodologies
1 17 (37.78%) Low Latency
1 17 (37.78%) Multithreading
2 16 (35.56%) Algorithmic Trading
3 15 (33.33%) Computer Science
4 13 (28.89%) Backtesting
4 13 (28.89%) Concurrent Programming
5 12 (26.67%) Investment Management
6 10 (22.22%) Mathematics
7 9 (20.00%) Software Engineering
8 8 (17.78%) Physics
8 8 (17.78%) Ultra-Low Latency
9 7 (15.56%) Data Management
9 7 (15.56%) Memory Management
10 6 (13.33%) Order Management
10 6 (13.33%) Problem-Solving
10 6 (13.33%) Quantitative Trading
11 5 (11.11%) Collaborative Working
11 5 (11.11%) Containerisation
11 5 (11.11%) Creative Thinking
11 5 (11.11%) Cross-Platform Development
Programming Languages
1 24 (53.33%) C++
2 19 (42.22%) Python
3 9 (20.00%) C#
4 5 (11.11%) JavaScript
4 5 (11.11%) TypeScript
5 3 (6.67%) Bash
5 3 (6.67%) SQL
6 2 (4.44%) Java
7 1 (2.22%) F#
7 1 (2.22%) R
Qualifications
1 10 (22.22%) Degree
2 7 (15.56%) Master's Degree
3 5 (11.11%) Computer Science Degree
Quality Assurance & Compliance
1 1 (2.22%) Accessibility
System Software
1 7 (15.56%) Docker
Systems Management
1 10 (22.22%) Kubernetes
2 1 (2.22%) Prometheus
2 1 (2.22%) Terraform
Vendors
1 1 (2.22%) Red Hat