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 26 February 2024 with a comparison to the same period in the previous 2 years.

6 months to
26 Feb 2024
Same period 2023 Same period 2022
Rank 753 954 1029
Rank change year-on-year +201 +75 -243
Permanent jobs citing Market Making 69 47 128
As % of all permanent jobs advertised in the UK 0.088% 0.043% 0.091%
As % of the Processes & Methodologies category 0.100% 0.045% 0.096%
Number of salaries quoted 49 36 85
10th Percentile £95,750 £75,625 £90,000
25th Percentile £105,000 £82,500 £100,000
Median annual salary (50th Percentile) £115,000 £93,750 £117,500
Median % change year-on-year +22.67% -20.21% +17.50%
75th Percentile £150,000 £107,500 £135,000
90th Percentile £175,500 £142,500 £218,000
UK excluding London median annual salary - - £41,500
% change year-on-year - - +25.76%

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 69,311 105,505 133,610
As % of all permanent jobs advertised in the UK 88.77% 95.55% 95.13%
Number of salaries quoted 51,446 63,554 81,288
10th Percentile £29,500 £34,591 £32,750
25th Percentile £40,000 £45,750 £43,750
Median annual salary (50th Percentile) £55,000 £62,500 £60,000
Median % change year-on-year -12.00% +4.17% +9.09%
75th Percentile £75,000 £82,500 £78,750
90th Percentile £95,000 £100,000 £96,250
UK excluding London median annual salary £50,000 £55,000 £51,500
% change year-on-year -9.09% +6.80% +7.29%

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 26 February 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 26 February 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
England +231 69 £115,000 +24.32% 41
London +188 69 £115,000 +24.32% 39
Work from Home +170 41 £115,000 +24.32% 9

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 (4.35%) Ethereum
1 3 (4.35%) Hyperledger
2 1 (1.45%) SAS
Business Applications
1 3 (4.35%) R3 Corda
2 2 (2.90%) Distributed Ledger
Cloud Services
1 4 (5.80%) SaaS
2 3 (4.35%) AWS
3 1 (1.45%) Cloud Computing
3 1 (1.45%) PaaS
Communications & Networking
1 1 (1.45%) Multicast
Database & Business Intelligence
1 1 (1.45%) Relational Database
General
1 38 (55.07%) Finance
2 29 (42.03%) Front Office
3 22 (31.88%) Social Skills
4 18 (26.09%) Banking
4 18 (26.09%) Financial Institution
5 17 (24.64%) Investment Banking
6 7 (10.14%) Law
7 2 (2.90%) Public Sector
7 2 (2.90%) Retail
8 1 (1.45%) Back Office
8 1 (1.45%) Prime Brokerage
8 1 (1.45%) Telecoms
Job Titles
1 48 (69.57%) Developer
2 39 (56.52%) Java Developer
3 19 (27.54%) Senior
4 17 (24.64%) Senior Developer
5 16 (23.19%) Senior Java Developer
6 15 (21.74%) Electronic Trading Developer
6 15 (21.74%) Electronic Trading Java Developer
7 12 (17.39%) Quantitative Developer
8 11 (15.94%) Commodities Java Developer
8 11 (15.94%) Java Pricing Developer
8 11 (15.94%) Pricing Developer
9 9 (13.04%) Java Quantitative Developer
9 9 (13.04%) Lead
10 8 (11.59%) Java Engineer
11 7 (10.14%) Low Latency Java Developer
11 7 (10.14%) Product Manager
12 6 (8.70%) Front Office Developer
12 6 (8.70%) Java Software Engineer
12 6 (8.70%) Lead Developer
12 6 (8.70%) Software Engineer
Libraries, Frameworks & Software Standards
1 13 (18.84%) J2SE
2 12 (17.39%) FIX Protocol
3 9 (13.04%) Spring
4 7 (10.14%) Kafka
5 6 (8.70%) Spring Boot
5 6 (8.70%) WPF
6 3 (4.35%) AngularJS
6 3 (4.35%) Django
6 3 (4.35%) Flask
6 3 (4.35%) Keras
6 3 (4.35%) Node.js
6 3 (4.35%) OpenACC
6 3 (4.35%) PyTorch
6 3 (4.35%) React
6 3 (4.35%) RESTful
6 3 (4.35%) TensorFlow
6 3 (4.35%) Vue
6 3 (4.35%) Web Services
7 2 (2.90%) J2EE
8 1 (1.45%) .NET
Miscellaneous
1 15 (21.74%) Fixed Income
1 15 (21.74%) Foreign Exchange (FX)
2 14 (20.29%) Equities
3 11 (15.94%) Derivative
3 11 (15.94%) Management Information System
4 9 (13.04%) Algorithms
4 9 (13.04%) Data Structures
5 7 (10.14%) Hedge funds
5 7 (10.14%) Virtual Team
6 4 (5.80%) FPGA
7 3 (4.35%) Blockchain
7 3 (4.35%) CUDA
8 2 (2.90%) ASIC
8 2 (2.90%) Distributed Computing
9 1 (1.45%) Blog
9 1 (1.45%) Data Protection Act
9 1 (1.45%) Distributed Systems
9 1 (1.45%) Enterprise Software
9 1 (1.45%) Greenfield Project
Operating Systems
1 12 (17.39%) Linux
2 1 (1.45%) Windows
2 1 (1.45%) Windows Server
Processes & Methodologies
1 27 (39.13%) Electronic Trading
2 22 (31.88%) Low Latency
3 20 (28.99%) Algorithmic Trading
4 14 (20.29%) High-Frequency Trading
5 13 (18.84%) Mathematics
5 13 (18.84%) Proprietary Trading
6 12 (17.39%) Asset Management
7 11 (15.94%) Multithreading
7 11 (15.94%) Software Engineering
8 10 (14.49%) Roadmaps
9 9 (13.04%) Microservices
10 8 (11.59%) Automated Trading
11 6 (8.70%) Design Patterns
11 6 (8.70%) Event-Driven
11 6 (8.70%) Fintech
11 6 (8.70%) Problem-Solving
12 5 (7.25%) Event-Driven Programming
12 5 (7.25%) Full Stack Development
12 5 (7.25%) Performance Engineering
12 5 (7.25%) Project Delivery
Programming Languages
1 42 (60.87%) Java
2 21 (30.43%) Python
3 14 (20.29%) C++
4 9 (13.04%) C#
5 4 (5.80%) JavaScript
5 4 (5.80%) Rust
5 4 (5.80%) TypeScript
6 2 (2.90%) SQL
7 1 (1.45%) Go
Qualifications
1 1 (1.45%) Computer Science Degree
1 1 (1.45%) PhD
Quality Assurance & Compliance
1 1 (1.45%) QA
System Software
1 6 (8.70%) Docker
Systems Management
1 7 (10.14%) Kubernetes
2 1 (1.45%) Argo
Vendors
1 2 (2.90%) Pega
1 2 (2.90%) Salesforce
1 2 (2.90%) SAP
2 1 (1.45%) ION Trading
2 1 (1.45%) Oracle