Systematic Trading Contracts with Work from Home Options

Systematic Trading (Mechanical Trading)
UK > Work from Home

The table below provides summary statistics for remote or hybrid contract work requiring Systematic Trading skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Systematic Trading over the 6 months leading up to 12 June 2024, comparing them to the same period in the previous two years.

6 months to
12 Jun 2024
Same period 2023 Same period 2022
Rank 334 456 622
Rank change year-on-year +122 +166 -115
Contract jobs citing Systematic Trading 7 1 1
As % of all contract jobs with a WFH option 0.047% 0.004% 0.002%
As % of the Processes & Methodologies category 0.054% 0.005% 0.003%
Number of daily rates quoted 7 1 1
10th Percentile £1,035 - -
25th Percentile £1,150 £688 £625
Median daily rate (50th Percentile) £1,250 £775 £650
Median % change year-on-year +61.29% +19.23% -11.86%
75th Percentile - £863 £675
90th Percentile - - -
UK median daily rate £1,175 £850 £650
% change year-on-year +38.24% +30.77% -10.34%

All Process and Methodology Skills
Work from Home

Systematic Trading falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies with remote or hybrid options requiring process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 12,871 21,399 39,942
As % of all contract jobs with a WFH option 87.23% 89.63% 91.07%
Number of daily rates quoted 8,673 15,206 29,099
10th Percentile £325 £363 £363
25th Percentile £425 £450 £438
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +5.42%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK median daily rate £525 £550 £538
% change year-on-year -4.55% +2.33% +7.50%
Number of hourly rates quoted 572 495 518
10th Percentile £15.02 £18.49 £14.96
25th Percentile £24.00 £25.75 £20.75
Median hourly rate £43.00 £52.13 £40.00
Median % change year-on-year -17.51% +30.33% +66.67%
75th Percentile £60.00 £67.50 £60.00
90th Percentile £74.95 £78.45 £72.50
UK median hourly rate £37.00 £35.65 £26.00
% change year-on-year +3.79% +37.12% +13.04%

Systematic Trading
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Systematic Trading as a proportion of all IT jobs advertised.

Systematic Trading trend for jobs with a WFH option

Systematic Trading
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing Systematic Trading.

Systematic Trading daily rate for jobs with a WFH option

Systematic Trading
Co-occurring Skills and Capabilities with WFH Options 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:

General
1 1 (14.29%) Front Office
Job Titles
1 7 (100.00%) Developer
2 6 (85.71%) C++ Developer
2 6 (85.71%) Low Latency C++ Developer
3 1 (14.29%) Python Developer
Libraries, Frameworks & Software Standards
1 1 (14.29%) Pandas
Miscellaneous
1 7 (100.00%) Hedge funds
2 6 (85.71%) Algorithms
2 6 (85.71%) Equity Derivative
3 4 (57.14%) Derivative
4 1 (14.29%) Fixed Income
Processes & Methodologies
1 6 (85.71%) Algorithmic Trading
1 6 (85.71%) Analytics
1 6 (85.71%) Low Latency
2 1 (14.29%) Backtesting
2 1 (14.29%) Visualisation
Programming Languages
1 6 (85.71%) C++
2 1 (14.29%) Python