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 3 July 2025, comparing them to the same period in the previous two years.

6 months to
3 Jul 2025
Same period 2024 Same period 2023
Rank 529 585 648
Rank change year-on-year +56 +63 +209
Contract jobs citing Smart Order Routing 10 5 37
As % of all contract jobs advertised in the UK 0.032% 0.012% 0.066%
As % of the Processes & Methodologies category 0.035% 0.013% 0.074%
Number of daily rates quoted 4 4 32
10th Percentile £604 £735 -
25th Percentile £609 £769 £650
Median daily rate (50th Percentile) £738 £863 £725
Median % change year-on-year -14.49% +18.97% -9.38%
75th Percentile £900 £934 £916
90th Percentile - £951 £950
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 28,438 37,047 49,962
As % of all contract IT jobs advertised in the UK 90.78% 85.22% 89.53%
Number of daily rates quoted 17,912 23,635 34,414
10th Percentile £300 £300 £325
25th Percentile £405 £413 £438
Median daily rate (50th Percentile) £505 £525 £550
Median % change year-on-year -3.81% -4.55% +1.38%
75th Percentile £625 £638 £650
90th Percentile £738 £750 £750
UK excluding London median daily rate £475 £500 £500
% change year-on-year -5.00% - -
Number of hourly rates quoted 1,399 2,530 1,711
10th Percentile £14.20 £12.75 £11.87
25th Percentile £17.44 £16.06 £16.25
Median hourly rate £25.15 £37.50 £36.00
Median % change year-on-year -32.93% +4.17% +38.46%
75th Percentile £53.75 £61.30 £64.81
90th Percentile £70.00 £72.50 £75.00
UK excluding London median hourly rate £24.66 £38.12 £35.00
% change year-on-year -35.31% +8.91% +64.71%

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 3 July 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 3 July 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 +63 10 £738 -14.49% 17
London +52 10 £738 -14.49% 17
Work from Home +39 7 £850 - 3

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:

Business Applications
1 1 (10.00%) MetaTrader
Communications & Networking
1 5 (50.00%) FIX Connectivity
General
1 10 (100.00%) Banking
2 6 (60.00%) Investment Banking
3 3 (30.00%) Analytical Skills
4 2 (20.00%) Finance
4 2 (20.00%) Front Office
5 1 (10.00%) Social Skills
Job Titles
1 9 (90.00%) Developer
2 7 (70.00%) Electronic Trading Developer
2 7 (70.00%) Electronic Trading Java Developer
2 7 (70.00%) Java Developer
3 3 (30.00%) Senior
3 3 (30.00%) Senior Developer
4 2 (20.00%) Analyst
4 2 (20.00%) C++ Developer
4 2 (20.00%) Senior Flex Developer
4 2 (20.00%) Senior Java Developer
5 1 (10.00%) Analyst Developer
5 1 (10.00%) Banking Analyst
5 1 (10.00%) Business Analyst
5 1 (10.00%) C++ Analyst Developer
5 1 (10.00%) Electronic Trading Business Analyst
5 1 (10.00%) FX Business Analyst
5 1 (10.00%) Investment Banking C++ Developer
5 1 (10.00%) Low Latency C++ Developer
5 1 (10.00%) Senior C++ Developer
Libraries, Frameworks & Software Standards
1 9 (90.00%) FIX Protocol
2 1 (10.00%) Boost C++ Libraries
2 1 (10.00%) QuickFIX
2 1 (10.00%) STL
Miscellaneous
1 5 (50.00%) Derivative
1 5 (50.00%) Equities
2 2 (20.00%) Reference Data
2 2 (20.00%) State Machine
3 1 (10.00%) Foreign Exchange (FX)
Operating Systems
1 2 (20.00%) Linux
Processes & Methodologies
1 9 (90.00%) Low Latency
2 8 (80.00%) Electronic Trading
3 5 (50.00%) Algorithmic Trading
4 4 (40.00%) Order Management
5 2 (20.00%) Code Quality
5 2 (20.00%) Concurrent Programming
5 2 (20.00%) Continuous Integration
5 2 (20.00%) DevOps
5 2 (20.00%) Multithreading
5 2 (20.00%) Problem-Solving
6 1 (10.00%) Business Analysis
6 1 (10.00%) Computer Science
6 1 (10.00%) Risk Management
Programming Languages
1 7 (70.00%) Java
2 2 (20.00%) C++
2 2 (20.00%) Python
Qualifications
1 1 (10.00%) Computer Science Degree
1 1 (10.00%) Degree
Vendors
1 2 (20.00%) ION Trading
1 2 (20.00%) Solace