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 11 May 2025, comparing them to the same period in the previous two years.

6 months to
11 May 2025
Same period 2024 Same period 2023
Rank 481 578 592
Rank change year-on-year +97 +14 +212
Contract jobs citing Market Making 37 4 111
As % of all contract jobs advertised in the UK 0.13% 0.009% 0.19%
As % of the Processes & Methodologies category 0.14% 0.011% 0.21%
Number of daily rates quoted 18 3 104
10th Percentile £524 - -
25th Percentile £614 £531 £588
Median daily rate (50th Percentile) £675 £563 £700
Median % change year-on-year +20.00% -19.64% -
75th Percentile £784 £594 £806
90th Percentile £913 - £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 26,789 37,090 51,996
As % of all contract IT jobs advertised in the UK 90.94% 86.26% 89.82%
Number of daily rates quoted 17,213 23,884 36,030
10th Percentile £306 £300 £325
25th Percentile £411 £413 £438
Median daily rate (50th Percentile) £520 £525 £550
Median % change year-on-year -0.95% -4.55% +3.77%
75th Percentile £630 £638 £650
90th Percentile £745 £750 £750
UK excluding London median daily rate £479 £500 £500
% change year-on-year -4.20% - +5.26%
Number of hourly rates quoted 1,097 2,438 1,721
10th Percentile £14.20 £12.75 £11.00
25th Percentile £18.22 £16.00 £16.13
Median hourly rate £28.41 £36.50 £36.25
Median % change year-on-year -22.16% +0.69% +41.16%
75th Percentile £60.00 £60.00 £65.00
90th Percentile £75.00 £72.50 £75.00
UK excluding London median hourly rate £26.34 £38.06 £35.00
% change year-on-year -30.81% +8.74% +75.00%

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 11 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 11 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 +114 37 £675 +20.00% 109
London +68 37 £675 +20.00% 107
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
1 2 (5.41%) Oracle Coherence
2 1 (2.70%) BizTalk Server
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 4 (10.81%) KDB
2 2 (5.41%) Hazelcast
2 2 (5.41%) Redis
2 2 (5.41%) SQL Server
3 1 (2.70%) Azure SQL Database
3 1 (2.70%) MongoDB
Development Applications
1 19 (51.35%) Git
2 3 (8.11%) Jenkins
3 2 (5.41%) Bitbucket Server
3 2 (5.41%) JUnit
General
1 19 (51.35%) Finance
2 14 (37.84%) Social Skills
3 8 (21.62%) Front Office
4 7 (18.92%) Financial Institution
5 6 (16.22%) Analytical Skills
6 4 (10.81%) Banking
6 4 (10.81%) Investment Banking
7 2 (5.41%) Advertising
Job Titles
1 10 (27.03%) Developer
1 10 (27.03%) Lead
1 10 (27.03%) Software Engineer
2 8 (21.62%) 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
7 2 (5.41%) C++ Developer
7 2 (5.41%) Electronic Trading Developer
7 2 (5.41%) Electronic Trading Java 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%) Quantitative Developer
7 2 (5.41%) Technical Leader
Libraries, Frameworks & Software Standards
1 10 (27.03%) FIX Protocol
2 5 (13.51%) AngularJS
3 4 (10.81%) Middleware
4 3 (8.11%) .NET
5 2 (5.41%) .NET Core
5 2 (5.41%) Blazor
5 2 (5.41%) HTML
5 2 (5.41%) HTML5
5 2 (5.41%) Protocol Buffers
6 1 (2.70%) REST
6 1 (2.70%) Web Services
Miscellaneous
1 15 (40.54%) Algorithms
1 15 (40.54%) Distributed Systems
2 11 (29.73%) Foreign Exchange (FX)
2 11 (29.73%) Hedge funds
3 9 (24.32%) Data Structures
4 7 (18.92%) Equities
5 5 (13.51%) TWAP
5 5 (13.51%) VWAP
6 3 (8.11%) Derivative
6 3 (8.11%) Enterprise Software
7 2 (5.41%) Data Protection Act
7 2 (5.41%) Virtual Team
7 2 (5.41%) Wiki
8 1 (2.70%) Cloud Native
8 1 (2.70%) Distributed Computing
8 1 (2.70%) DTCC
8 1 (2.70%) Fixed Income
8 1 (2.70%) OTC Derivatives
8 1 (2.70%) Renewable Energy
8 1 (2.70%) Solar Panel
Operating Systems
1 25 (67.57%) Linux
2 7 (18.92%) Unix
3 4 (10.81%) Windows
Processes & Methodologies
1 29 (78.38%) Algorithmic Trading
2 22 (59.46%) Electronic Trading
3 19 (51.35%) CI/CD
4 18 (48.65%) Low Latency
5 14 (37.84%) Software Engineering
6 11 (29.73%) Continuous Deployment
6 11 (29.73%) Continuous Integration
6 11 (29.73%) Problem-Solving
7 10 (27.03%) OO
7 10 (27.03%) Proprietary Trading
8 9 (24.32%) Agile
8 9 (24.32%) OOP
9 8 (21.62%) Computer Science
9 8 (21.62%) Scrum
9 8 (21.62%) Technical Leadership
10 4 (10.81%) Critical Thinking
10 4 (10.81%) Fintech
10 4 (10.81%) Order Management
10 4 (10.81%) Performance Optimisation
10 4 (10.81%) SDLC
Programming Languages
1 26 (70.27%) Java
2 23 (62.16%) C++
2 23 (62.16%) Python
3 12 (32.43%) C
4 3 (8.11%) C#
5 2 (5.41%) Go
5 2 (5.41%) SQL
5 2 (5.41%) TypeScript
6 1 (2.70%) JavaScript
6 1 (2.70%) PL/SQL
6 1 (2.70%) T-SQL
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