Automated Trading Contracts

Automated Trading
UK

The following table provides summary statistics for contract job vacancies with a requirement for Automated Trading skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Automated Trading over the 6 months to 18 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
18 May 2024
Same period 2023 Same period 2022
Rank 490 642 820
Rank change year-on-year +152 +178 -133
Contract jobs citing Automated Trading 81 45 24
As % of all contract jobs advertised in the UK 0.19% 0.079% 0.027%
As % of the Processes & Methodologies category 0.22% 0.088% 0.030%
Number of daily rates quoted 70 30 16
10th Percentile £538 £546 £563
25th Percentile £550 £550 £575
Median daily rate (50th Percentile) £700 £638 £625
Median % change year-on-year +9.80% +2.00% +13.64%
75th Percentile £788 £738 £734
90th Percentile £850 £814 £888
UK excluding London median daily rate - £475 £575
% change year-on-year - -17.39% +58.62%

All Process and Methodology Skills
UK

Automated Trading is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 36,673 51,121 79,325
As % of all contract IT jobs advertised in the UK 86.13% 89.77% 90.61%
Number of daily rates quoted 23,631 35,432 55,673
10th Percentile £300 £325 £344
25th Percentile £413 £438 £430
Median daily rate (50th Percentile) £525 £550 £530
Median % change year-on-year -4.55% +3.77% +7.07%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £480
% change year-on-year - +4.17% +9.09%
Number of hourly rates quoted 2,440 1,683 1,892
10th Percentile £12.75 £10.63 £12.50
25th Percentile £15.99 £16.01 £15.50
Median hourly rate £36.05 £36.00 £25.68
Median % change year-on-year +0.13% +40.19% +7.00%
75th Percentile £60.00 £65.00 £49.54
90th Percentile £72.50 £75.00 £65.00
UK excluding London median hourly rate £37.50 £35.00 £20.00
% change year-on-year +7.14% +75.00% -4.99%

Automated Trading
Job Vacancy Trend

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

Job vacancy trend for Automated Trading in the UK

Automated Trading
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Automated Trading.

Daily rate trend for Automated Trading in the UK

Automated Trading
Daily Rate Histogram

Daily rate distribution for jobs citing Automated Trading over the 6 months to 18 May 2024.

Daily rate histogram for Automated Trading in the UK

Automated Trading
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Automated Trading within the UK over the 6 months to 18 May 2024. 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
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
England +144 80 £700 +9.80% 40
London +135 80 £700 +7.69% 36
Work from Home +114 12 £1,000 +29.03% 12

Automated 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 61 (75.31%) Apache
1 61 (75.31%) Apache Airflow
Applications
1 1 (1.23%) Microsoft Excel
1 1 (1.23%) Spreadsheet
Business Applications
1 3 (3.70%) RMDS
2 1 (1.23%) IntelliMatch
2 1 (1.23%) ION Anvil
Cloud Services
1 64 (79.01%) Azure
2 61 (75.31%) AWS
2 61 (75.31%) GCP
3 3 (3.70%) Azure DevOps
4 2 (2.47%) IaaS
5 1 (1.23%) Azure Cosmos DB
Database & Business Intelligence
1 61 (75.31%) Apache Ignite
1 61 (75.31%) PostgreSQL
2 2 (2.47%) SQL Server
Development Applications
1 43 (53.09%) Cypress.io
2 3 (3.70%) Git
3 1 (1.23%) Log4Net
3 1 (1.23%) NUnit
3 1 (1.23%) Octopus Deploy
3 1 (1.23%) Selenium
3 1 (1.23%) SpecFlow
3 1 (1.23%) TeamCity
General
1 69 (85.19%) Front Office
2 68 (83.95%) Finance
3 64 (79.01%) Banking
4 4 (4.94%) Social Skills
5 2 (2.47%) Agriculture
5 2 (2.47%) Analytical Skills
5 2 (2.47%) Investment Banking
5 2 (2.47%) Presentation Skills
Job Titles
1 67 (82.72%) Developer
2 63 (77.78%) Python Engineer
3 62 (76.54%) Python Developer
4 61 (75.31%) Developer/Software Engineer
4 61 (75.31%) Python Software Engineer
4 61 (75.31%) Software Engineer
5 60 (74.07%) React Developer
6 31 (38.27%) Full Stack Developer
6 31 (38.27%) Full Stack Engineer
6 31 (38.27%) Full Stack Python Developer
6 31 (38.27%) Full Stack Software Engineer
7 8 (9.88%) Analyst
8 3 (3.70%) Java Developer
8 3 (3.70%) Murex Analyst
8 3 (3.70%) Senior
8 3 (3.70%) Senior Developer
8 3 (3.70%) Senior Java Developer
9 2 (2.47%) C++ Quantitative Developer
9 2 (2.47%) Linux Engineer
9 2 (2.47%) VMware Engineer
Libraries, Frameworks & Software Standards
1 64 (79.01%) React
2 61 (75.31%) gRPC
2 61 (75.31%) Material-UI
2 61 (75.31%) Protocol Buffers
2 61 (75.31%) Redux
3 3 (3.70%) HTML
3 3 (3.70%) HTML5
4 2 (2.47%) FIX Protocol
4 2 (2.47%) NumPy
4 2 (2.47%) Pandas
5 1 (1.23%) .NET
5 1 (1.23%) Web Services
Miscellaneous
1 66 (81.48%) Fixed Income
2 63 (77.78%) Hedge funds
3 35 (43.21%) Equities
4 6 (7.41%) Derivative
5 2 (2.47%) Algorithms
5 2 (2.47%) Clustering
5 2 (2.47%) Self-Motivation
6 1 (1.23%) Fat Client
6 1 (1.23%) Greenfield Project
6 1 (1.23%) Thin Client
Operating Systems
1 4 (4.94%) Linux
2 3 (3.70%) Windows
3 2 (2.47%) Red Hat Enterprise Linux
Processes & Methodologies
1 64 (79.01%) Agile
2 63 (77.78%) Machine Learning
3 61 (75.31%) Artificial Intelligence
3 61 (75.31%) Asset Management
3 61 (75.31%) Full Stack Development
3 61 (75.31%) Investment Management
3 61 (75.31%) Software Engineering
4 6 (7.41%) Electronic Trading
5 5 (6.17%) Risk Management
6 4 (4.94%) User Acceptance Testing
7 3 (3.70%) Backtesting
7 3 (3.70%) BDD
7 3 (3.70%) DevOps
7 3 (3.70%) Integration Testing
7 3 (3.70%) Low Latency
7 3 (3.70%) Migration
7 3 (3.70%) Stakeholder Management
7 3 (3.70%) System Testing
7 3 (3.70%) Test Automation
7 3 (3.70%) Validation
Programming Languages
1 68 (83.95%) Python
2 61 (75.31%) TypeScript
3 23 (28.40%) SQL
4 3 (3.70%) C#
4 3 (3.70%) Java
4 3 (3.70%) Scala
5 2 (2.47%) Bash
5 2 (2.47%) C++
5 2 (2.47%) Perl
5 2 (2.47%) PowerShell
6 1 (1.23%) VBA
Quality Assurance & Compliance
1 2 (2.47%) QA
System Software
1 2 (2.47%) Docker
1 2 (2.47%) VMware Infrastructure
Systems Management
1 4 (4.94%) Ansible
2 2 (2.47%) Kubernetes
2 2 (2.47%) Microsoft Clustering
Vendors
1 61 (75.31%) Google
2 4 (4.94%) ION Trading
3 3 (3.70%) Microsoft
3 3 (3.70%) Murex
3 3 (3.70%) Oracle
3 3 (3.70%) Salesforce
3 3 (3.70%) SAP
3 3 (3.70%) Solace
4 2 (2.47%) Red Hat
4 2 (2.47%) Splunk
4 2 (2.47%) Sybase
4 2 (2.47%) VMware
5 1 (1.23%) Bloomberg