Market Maker
UK

The following table provides summary statistics for permanent job vacancies with a requirement for Market Making skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Market Making over the 6 months to 25 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
25 Apr 2024
Same period 2023 Same period 2022
Rank 848 929 1049
Rank change year-on-year +81 +120 -227
Permanent jobs citing Market Making 46 60 147
As % of all permanent jobs advertised in the UK 0.047% 0.057% 0.096%
As % of the Processes & Methodologies category 0.054% 0.060% 0.100%
Number of salaries quoted 31 48 93
10th Percentile £97,500 £71,000 £90,000
25th Percentile £105,000 £82,500 £100,000
Median annual salary (50th Percentile) £130,000 £95,000 £120,000
Median % change year-on-year +36.84% -20.83% +20.00%
75th Percentile £156,875 £115,000 £140,000
90th Percentile £187,500 £142,500 £220,000
UK excluding London median annual salary - - -

All Process and Methodology Skills
UK

Market Making 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 84,476 100,576 147,122
As % of all permanent jobs advertised in the UK 86.05% 95.63% 95.59%
Number of salaries quoted 59,789 58,947 82,930
10th Percentile £29,000 £34,000 £33,476
25th Percentile £40,000 £45,000 £43,750
Median annual salary (50th Percentile) £55,000 £61,700 £60,000
Median % change year-on-year -10.86% +2.83% +9.09%
75th Percentile £72,500 £82,500 £80,000
90th Percentile £92,500 £100,000 £96,250
UK excluding London median annual salary £50,000 £55,000 £52,500
% change year-on-year -9.09% +4.76% +9.38%

Market Making
Job Vacancy Trend

Job postings citing Market Making as a proportion of all IT jobs advertised.

Job vacancy trend for Market Making in the UK

Market Making
Salary Trend

3-month moving average salary quoted in jobs citing Market Making.

Salary trend for Market Making in the UK

Market Making
Salary Histogram

Salary distribution for jobs citing Market Making over the 6 months to 25 April 2024.

Salary histogram for Market Making in the UK

Market Making
Top 3 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Market Making within the UK over the 6 months to 25 April 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
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Jobs
London +113 46 £130,000 +36.84% 44
England +97 46 £130,000 +36.84% 44
Work from Home +94 27 £115,000 +24.32% 8

Market Making
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 3 (6.52%) Ethereum
1 3 (6.52%) Hyperledger
2 1 (2.17%) SAS
Business Applications
1 3 (6.52%) R3 Corda
2 2 (4.35%) Distributed Ledger
Cloud Services
1 3 (6.52%) AWS
1 3 (6.52%) SaaS
2 1 (2.17%) Cloud Computing
Communications & Networking
1 1 (2.17%) Multicast
Database & Business Intelligence
1 1 (2.17%) Relational Database
General
1 22 (47.83%) Front Office
2 18 (39.13%) Banking
2 18 (39.13%) Investment Banking
3 14 (30.43%) Finance
4 9 (19.57%) Social Skills
5 4 (8.70%) Financial Institution
5 4 (8.70%) Public Sector
5 4 (8.70%) Retail
6 1 (2.17%) Back Office
Job Titles
1 34 (73.91%) Developer
2 26 (56.52%) Java Developer
3 18 (39.13%) Electronic Trading Developer
3 18 (39.13%) Electronic Trading Java Developer
4 13 (28.26%) Quantitative Developer
5 11 (23.91%) Java Quantitative Developer
6 10 (21.74%) Senior
7 8 (17.39%) Lead
7 8 (17.39%) Senior Developer
8 7 (15.22%) Senior Java Developer
9 6 (13.04%) Developer/Software Engineer
9 6 (13.04%) Front Office Developer
9 6 (13.04%) Java Engineer
9 6 (13.04%) Java Software Developer
9 6 (13.04%) Java Software Engineer
9 6 (13.04%) Software Engineer
10 5 (10.87%) Lead Developer
11 4 (8.70%) Commodities Java Developer
11 4 (8.70%) Java Pricing Developer
11 4 (8.70%) Pricing Developer
Libraries, Frameworks & Software Standards
1 13 (28.26%) FIX Protocol
2 7 (15.22%) Kafka
2 7 (15.22%) Spring
3 6 (13.04%) Spring Boot
4 4 (8.70%) J2SE
5 3 (6.52%) AngularJS
5 3 (6.52%) Django
5 3 (6.52%) Flask
5 3 (6.52%) Keras
5 3 (6.52%) Node.js
5 3 (6.52%) OpenACC
5 3 (6.52%) PyTorch
5 3 (6.52%) React
5 3 (6.52%) RESTful
5 3 (6.52%) TensorFlow
5 3 (6.52%) Vue
5 3 (6.52%) Web Services
5 3 (6.52%) WPF
6 1 (2.17%) .NET
6 1 (2.17%) ZeroMQ
Miscellaneous
1 13 (28.26%) Fixed Income
2 7 (15.22%) Equities
3 6 (13.04%) Hedge funds
4 5 (10.87%) Algorithms
4 5 (10.87%) Data Structures
4 5 (10.87%) Foreign Exchange (FX)
5 4 (8.70%) Derivative
5 4 (8.70%) FPGA
5 4 (8.70%) Management Information System
6 3 (6.52%) Blockchain
6 3 (6.52%) CUDA
7 2 (4.35%) ASIC
8 1 (2.17%) Data Protection Act
8 1 (2.17%) Distributed Systems
8 1 (2.17%) Enterprise Software
8 1 (2.17%) Greenfield Project
Operating Systems
1 10 (21.74%) Linux
2 1 (2.17%) Windows
2 1 (2.17%) Windows Server
Processes & Methodologies
1 21 (45.65%) Algorithmic Trading
2 19 (41.30%) Electronic Trading
3 14 (30.43%) Low Latency
4 11 (23.91%) High-Frequency Trading
5 10 (21.74%) Software Engineering
6 7 (15.22%) Proprietary Trading
7 6 (13.04%) Artificial Intelligence
7 6 (13.04%) Machine Learning
7 6 (13.04%) Microservices
8 5 (10.87%) Analytics
8 5 (10.87%) Fintech
8 5 (10.87%) Full Stack Development
8 5 (10.87%) Mathematics
8 5 (10.87%) Performance Engineering
9 4 (8.70%) Asset Management
9 4 (8.70%) Business Development
9 4 (8.70%) Data Analytics
9 4 (8.70%) Design Patterns
9 4 (8.70%) Multithreading
9 4 (8.70%) Problem-Solving
Programming Languages
1 26 (56.52%) Java
2 17 (36.96%) Python
3 9 (19.57%) C++
4 4 (8.70%) C#
4 4 (8.70%) JavaScript
4 4 (8.70%) Rust
4 4 (8.70%) TypeScript
5 2 (4.35%) SQL
6 1 (2.17%) Go
Qualifications
1 1 (2.17%) PhD
System Software
1 6 (13.04%) Docker
Systems Management
1 7 (15.22%) Kubernetes
2 1 (2.17%) Argo
Vendors
1 4 (8.70%) Pega
1 4 (8.70%) Salesforce
1 4 (8.70%) SAP
2 1 (2.17%) ION Trading
2 1 (2.17%) Oracle