Market Making Contracts

Market Maker
UK

The table below provides summary statistics for contract job vacancies requiring Market Making skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Market Making over the 6 months leading up to 1 May 2025, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 483 578 601
Rank change year-on-year +95 +23 +221
Contract jobs citing Market Making 37 4 117
As % of all contract jobs advertised in the UK 0.13% 0.009% 0.20%
As % of the Processes & Methodologies category 0.14% 0.011% 0.22%
Number of daily rates quoted 18 3 108
10th Percentile £524 - -
25th Percentile £614 £531 £588
Median daily rate (50th Percentile) £675 £563 £675
Median % change year-on-year +20.00% -16.67% -3.57%
75th Percentile £784 £594 £800
90th Percentile £931 - £825
UK excluding London median daily rate - - -

All Process and Methodology Skills
UK

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

Contract vacancies with a requirement for process or methodology skills 26,594 37,597 53,655
As % of all contract IT jobs advertised in the UK 90.84% 86.31% 89.91%
Number of daily rates quoted 17,149 24,227 37,238
10th Percentile £308 £300 £325
25th Percentile £413 £413 £438
Median daily rate (50th Percentile) £520 £525 £550
Median % change year-on-year -0.95% -4.55% +4.76%
75th Percentile £630 £638 £650
90th Percentile £743 £750 £750
UK excluding London median daily rate £483 £500 £500
% change year-on-year -3.50% - +5.26%
Number of hourly rates quoted 1,071 2,443 1,746
10th Percentile £14.41 £12.75 £11.00
25th Percentile £18.21 £16.00 £16.25
Median hourly rate £29.00 £35.65 £37.30
Median % change year-on-year -18.65% -4.42% +49.20%
75th Percentile £60.38 £59.98 £65.00
90th Percentile £75.00 £72.50 £75.00
UK excluding London median hourly rate £27.50 £37.34 £36.00
% change year-on-year -26.35% +3.72% +80.00%

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
Contractor Daily Rate Trend

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

Daily rate trend for Market Making in the UK

Market Making
Daily Rate Histogram

Daily rate distribution for jobs citing Market Making over the 6 months to 1 May 2025.

Daily rate histogram for Market Making in the UK

Market Making
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 Market Making within the UK over the 6 months to 1 May 2025. 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 +90 37 £675 +20.00% 130
London +71 37 £675 +20.00% 127
Work from Home - 8 £638 - 33

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 2 (5.41%) Microsoft Exchange
2 1 (2.70%) BizTalk Server
2 1 (2.70%) Oracle Coherence
Cloud Services
1 2 (5.41%) Azure
2 1 (2.70%) AWS
2 1 (2.70%) AWS Lambda
2 1 (2.70%) Azure Cosmos DB
2 1 (2.70%) Azure Functions
2 1 (2.70%) Azure Logic Apps
2 1 (2.70%) Azure Storage
2 1 (2.70%) Serverless
Communications & Networking
1 4 (10.81%) Multicast
Database & Business Intelligence
1 3 (8.11%) KDB
2 2 (5.41%) SQL Server
3 1 (2.70%) Azure SQL Database
3 1 (2.70%) Hazelcast
3 1 (2.70%) MongoDB
3 1 (2.70%) Redis
Development Applications
1 19 (51.35%) Git
2 2 (5.41%) Bitbucket Server
2 2 (5.41%) Jenkins
2 2 (5.41%) JUnit
General
1 19 (51.35%) Finance
2 15 (40.54%) Social Skills
3 8 (21.62%) Financial Institution
3 8 (21.62%) Front Office
4 6 (16.22%) Analytical Skills
5 4 (10.81%) Banking
5 4 (10.81%) Investment Banking
6 2 (5.41%) Advertising
7 1 (2.70%) Presentation Skills
Job Titles
1 11 (29.73%) Lead
1 11 (29.73%) Software Engineer
2 8 (21.62%) Developer
3 6 (16.22%) Java Developer
3 6 (16.22%) Senior
4 5 (13.51%) Algorithm Engineer
4 5 (13.51%) C++ Software Engineer
4 5 (13.51%) Team Leader
5 4 (10.81%) Software Engineer - Algorithmic Trading
6 3 (8.11%) Analyst
6 3 (8.11%) Senior Developer
6 3 (8.11%) Senior Java Developer
6 3 (8.11%) Technical Leader
7 2 (5.41%) C++ Developer
7 2 (5.41%) C++ Quantitative Developer
7 2 (5.41%) Front Office Developer
7 2 (5.41%) Infrastructure Engineer
7 2 (5.41%) Low Latency C++ Developer
7 2 (5.41%) Principal Engineer
7 2 (5.41%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 8 (21.62%) FIX Protocol
2 4 (10.81%) AngularJS
3 3 (8.11%) .NET
3 3 (8.11%) Middleware
4 2 (5.41%) .NET Core
4 2 (5.41%) Blazor
4 2 (5.41%) HTML
4 2 (5.41%) HTML5
5 1 (2.70%) Protocol Buffers
Miscellaneous
1 17 (45.95%) Distributed Systems
2 15 (40.54%) Algorithms
3 12 (32.43%) Hedge funds
4 9 (24.32%) Data Structures
4 9 (24.32%) Foreign Exchange (FX)
5 6 (16.22%) Equities
6 5 (13.51%) TWAP
6 5 (13.51%) VWAP
7 3 (8.11%) Derivative
7 3 (8.11%) Enterprise Software
8 2 (5.41%) Renewable Energy
8 2 (5.41%) Solar Panel
8 2 (5.41%) Virtual Team
8 2 (5.41%) Wiki
9 1 (2.70%) Cloud Native
9 1 (2.70%) Data Protection Act
9 1 (2.70%) Distributed Computing
9 1 (2.70%) DTCC
9 1 (2.70%) Legacy Systems
9 1 (2.70%) OTC Derivatives
Operating Systems
1 26 (70.27%) Linux
2 6 (16.22%) Unix
3 4 (10.81%) Windows
Processes & Methodologies
1 30 (81.08%) Algorithmic Trading
2 22 (59.46%) Electronic Trading
3 20 (54.05%) CI/CD
4 16 (43.24%) Low Latency
5 15 (40.54%) Software Engineering
6 12 (32.43%) Continuous Deployment
6 12 (32.43%) Continuous Integration
7 11 (29.73%) Problem-Solving
7 11 (29.73%) Proprietary Trading
8 10 (27.03%) OO
9 9 (24.32%) Agile
9 9 (24.32%) OOP
10 8 (21.62%) Computer Science
10 8 (21.62%) Scrum
10 8 (21.62%) Technical Leadership
11 4 (10.81%) Critical Thinking
11 4 (10.81%) Fintech
11 4 (10.81%) Performance Optimisation
11 4 (10.81%) SDLC
11 4 (10.81%) Translating Business Requirements
Programming Languages
1 25 (67.57%) C++
1 25 (67.57%) Java
1 25 (67.57%) Python
2 14 (37.84%) C
3 3 (8.11%) C#
4 2 (5.41%) Go
4 2 (5.41%) SQL
5 1 (2.70%) JavaScript
5 1 (2.70%) PL/SQL
5 1 (2.70%) T-SQL
5 1 (2.70%) TypeScript
Qualifications
1 8 (21.62%) Computer Science Degree
1 8 (21.62%) Degree
1 8 (21.62%) Master's Degree
Quality Assurance & Compliance
1 1 (2.70%) Dodd-Frank
1 1 (2.70%) EMIR
1 1 (2.70%) MiFID
Systems Management
1 1 (2.70%) Kubernetes
Vendors
1 1 (2.70%) MuleSoft
1 1 (2.70%) Oracle