Smart Order Routing Contracts

Smart Order Routing (SOR)
UK

The table below provides summary statistics for contract job vacancies requiring Smart Order Routing skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Smart Order Routing 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 502 581 698
Rank change year-on-year +79 +117 +128
Contract jobs citing Smart Order Routing 18 1 20
As % of all contract jobs advertised in the UK 0.061% 0.002% 0.034%
As % of the Processes & Methodologies category 0.068% 0.003% 0.037%
Number of daily rates quoted 6 1 17
10th Percentile £583 - -
25th Percentile £600 £638 £650
Median daily rate (50th Percentile) £650 £650 £950
Median % change year-on-year - -31.58% +18.75%
75th Percentile £850 £663 -
90th Percentile £900 - £1,475
UK excluding London median daily rate - - -

All Process and Methodology Skills
UK

Smart Order Routing 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%

Smart Order Routing
Job Vacancy Trend

Job postings citing Smart Order Routing as a proportion of all IT jobs advertised.

Job vacancy trend for Smart Order Routing in the UK

Smart Order Routing
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Smart Order Routing.

Daily rate trend for Smart Order Routing in the UK

Smart Order Routing
Daily Rate Histogram

Daily rate distribution for jobs citing Smart Order Routing over the 6 months to 1 May 2025.

Daily rate histogram for Smart Order Routing in the UK

Smart Order Routing
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 Smart Order Routing 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 +74 18 £650 - 10
London +54 17 £650 - 10
Work from Home - 17 £650 -

Smart Order Routing
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:

Communications & Networking
1 11 (61.11%) FIX Connectivity
2 1 (5.56%) BGP
2 1 (5.56%) Cisco Nexus
2 1 (5.56%) EIGRP
2 1 (5.56%) HSRP
2 1 (5.56%) IGMP
2 1 (5.56%) IPsec
2 1 (5.56%) Multicast
2 1 (5.56%) OSPF
2 1 (5.56%) Unicast
2 1 (5.56%) VLAN
2 1 (5.56%) VRRP
2 1 (5.56%) VXLAN
Database & Business Intelligence
1 1 (5.56%) SQL Server
Development Applications
1 1 (5.56%) Jenkins
1 1 (5.56%) Maven
1 1 (5.56%) Sonatype Nexus
General
1 16 (88.89%) Banking
2 11 (61.11%) Investment Banking
3 5 (27.78%) Front Office
4 1 (5.56%) Social Skills
Job Titles
1 17 (94.44%) Developer
1 17 (94.44%) Java Developer
2 16 (88.89%) Electronic Trading Developer
2 16 (88.89%) Electronic Trading Java Developer
3 6 (33.33%) Senior
4 5 (27.78%) Senior Developer
4 5 (27.78%) Senior Flex Developer
4 5 (27.78%) Senior Java Developer
5 1 (5.56%) Network Engineer
5 1 (5.56%) Senior Network Engineer
Libraries, Frameworks & Software Standards
1 18 (100.00%) FIX Protocol
Miscellaneous
1 11 (61.11%) Derivative
1 11 (61.11%) Equities
2 6 (33.33%) State Machine
3 1 (5.56%) Data Centre
Processes & Methodologies
1 18 (100.00%) Low Latency
2 16 (88.89%) Electronic Trading
3 12 (66.67%) Algorithmic Trading
4 6 (33.33%) Order Management
5 5 (27.78%) Concurrent Programming
5 5 (27.78%) Multithreading
6 3 (16.67%) Test Strategy
7 1 (5.56%) Capacity Management
7 1 (5.56%) Direct Market Access
7 1 (5.56%) Logistics
7 1 (5.56%) Network Monitoring
7 1 (5.56%) Performance Management
7 1 (5.56%) Procure-to-Pay
7 1 (5.56%) Project Delivery
7 1 (5.56%) Ultra-Low Latency
Programming Languages
1 17 (94.44%) Java
2 1 (5.56%) Python
Quality Assurance & Compliance
1 3 (16.67%) QA
Vendors
1 6 (33.33%) ION Trading
1 6 (33.33%) Solace
2 1 (5.56%) Cisco
2 1 (5.56%) Oracle
2 1 (5.56%) Sybase