Period
to

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 14 August 2022 with a comparison to the same period in the previous 2 years.

Market Maker
UK
6 months to
14 Aug 2022
Same period 2021 Same period 2020
Rank 1122 950 724
Rank change year-on-year -172 -226 +282
Permanent jobs citing Market Making 94 59 45
As % of all permanent jobs advertised in the UK 0.056% 0.051% 0.072%
As % of the Processes & Methodologies category 0.059% 0.054% 0.078%
Number of salaries quoted 38 54 30
10th Percentile £87,500 £65,150 £56,250
25th Percentile £96,250 £83,125 £69,375
Median annual salary (50th Percentile) £120,000 £107,500 £93,750
Median % change year-on-year +11.63% +14.67% -1.32%
75th Percentile £143,750 £128,750 £122,500
90th Percentile £216,500 £220,000 £142,500
UK excluding London median annual salary - £48,750 £40,000
% change year-on-year - +21.88% -50.00%

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.

All Process and Methodology Skills
UK
Permanent vacancies with a requirement for process or methodology skills 160,513 108,806 57,948
As % of all permanent IT jobs advertised in the UK 95.75% 94.08% 93.13%
Number of salaries quoted 83,436 73,662 47,052
10th Percentile £34,211 £32,500 £32,500
25th Percentile £45,000 £42,500 £41,250
Median annual salary (50th Percentile) £60,000 £55,750 £55,000
Median % change year-on-year +7.62% +1.36% +4.76%
75th Percentile £80,000 £75,000 £73,750
90th Percentile £97,290 £92,500 £90,000
UK excluding London median annual salary £52,500 £50,000 £47,500
% change year-on-year +5.00% +5.26% +5.56%

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 14 August 2022.

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 14 August 2022. 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 -133 94 £120,000 +9.09% 16
London -142 94 £120,000 +9.09% 16
Work from Home -177 47 £125,000 +28.21% 5

For the 6 months to 14 August 2022, IT jobs citing Market Making also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads with a requirement for Market Making.

1 68 (72.34%) Finance
2 41 (43.62%) Linux
3 39 (41.49%) Social Skills
4 37 (39.36%) Java
5 36 (38.30%) Python
5 36 (38.30%) Equities
6 35 (37.23%) Computer Science
7 34 (36.17%) Degree
7 34 (36.17%) Algorithmic Trading
8 32 (34.04%) Multithreading
9 30 (31.91%) Algorithms
10 28 (29.79%) Problem-Solving
11 26 (27.66%) Analytical Skills
11 26 (27.66%) Software Engineering
12 25 (26.60%) C++
13 24 (25.53%) SQL
13 24 (25.53%) Mathematics
14 22 (23.40%) Front Office
14 22 (23.40%) Fixed Income
14 22 (23.40%) Foreign Exchange (FX)
14 22 (23.40%) Spring
15 21 (22.34%) Electronic Trading
15 21 (22.34%) Low Latency
15 21 (22.34%) Order Management
16 19 (20.21%) Computer Science Degree
17 17 (18.09%) Azure
17 17 (18.09%) SDLC
18 16 (17.02%) Investment Management
18 16 (17.02%) Data Protection
19 15 (15.96%) Agile

Market Making
Co-occurring IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (1.06%) Apache Airflow
1 1 (1.06%) Apache Spark
1 1 (1.06%) Luigi
Applications
1 13 (13.83%) Microsoft Excel
1 13 (13.83%) Microsoft Office
Cloud Services
1 17 (18.09%) Azure
2 14 (14.89%) GCP
3 12 (12.77%) AWS
4 1 (1.06%) Serverless
Database & Business Intelligence
1 12 (12.77%) Big Data
1 12 (12.77%) Elasticsearch
2 11 (11.70%) KDB
3 10 (10.64%) Kdb+
4 6 (6.38%) MongoDB
5 5 (5.32%) PostgreSQL
6 3 (3.19%) Tick Data
7 1 (1.06%) Amazon Redshift
Development Applications
1 12 (12.77%) Gradle
1 12 (12.77%) Maven
2 8 (8.51%) JIRA
3 3 (3.19%) GCC
4 2 (2.13%) GitLab
5 1 (1.06%) Artifactory
5 1 (1.06%) Jenkins
5 1 (1.06%) Selenium
General
1 68 (72.34%) Finance
2 39 (41.49%) Social Skills
3 26 (27.66%) Analytical Skills
4 22 (23.40%) Front Office
5 13 (13.83%) Legal
5 13 (13.83%) Retail
6 12 (12.77%) Documentation Skills
6 12 (12.77%) Manufacturing
7 10 (10.64%) Automotive
8 9 (9.57%) Games
9 8 (8.51%) Presentation Skills
10 5 (5.32%) Back Office
11 1 (1.06%) Agriculture
11 1 (1.06%) Banking
11 1 (1.06%) Telecoms
Job Titles
1 51 (54.26%) Developer
2 23 (24.47%) Java Developer
3 21 (22.34%) C++ Developer
4 18 (19.15%) Analyst
4 18 (19.15%) IT Analyst
5 14 (14.89%) Senior C++ Developer
5 14 (14.89%) Senior Developer
6 13 (13.83%) Graduate
6 13 (13.83%) Graduate Analyst
6 13 (13.83%) Graduate IT Analyst
6 13 (13.83%) IT Graduate
7 12 (12.77%) Data Engineer
8 8 (8.51%) Product Owner
9 7 (7.45%) Python Developer
10 6 (6.38%) Applications Engineer
10 6 (6.38%) C++ Applications Developer
10 6 (6.38%) Python Software Engineer
10 6 (6.38%) Senior C++ Applications Developer
10 6 (6.38%) Senior C++ Software Engineer
10 6 (6.38%) Senior Python Developer
Libraries, Frameworks & Software Standards
1 22 (23.40%) Spring
2 14 (14.89%) Kafka
3 12 (12.77%) HTML
3 12 (12.77%) React Native
4 10 (10.64%) Spring Boot
5 9 (9.57%) STL
6 6 (6.38%) Pandas
6 6 (6.38%) PyTorch
6 6 (6.38%) scikit-learn
7 5 (5.32%) .NET
8 3 (3.19%) Boost C++ Libraries
9 1 (1.06%) Beautiful Soup
9 1 (1.06%) Middleware
Miscellaneous
1 36 (38.30%) Equities
2 30 (31.91%) Algorithms
3 22 (23.40%) Fixed Income
3 22 (23.40%) Foreign Exchange (FX)
4 13 (13.83%) Hedge funds
5 8 (8.51%) User Experience
6 7 (7.45%) Data Structures
7 5 (5.32%) Derivative
7 5 (5.32%) Greenfield Project
8 3 (3.19%) Credit Derivative
8 3 (3.19%) Data Protection Act
8 3 (3.19%) FPGA
9 1 (1.06%) Blog
9 1 (1.06%) Cloud Native
9 1 (1.06%) Data Centre
9 1 (1.06%) Equity Derivative
9 1 (1.06%) Life Science
9 1 (1.06%) Linux Command Line
9 1 (1.06%) Virtual Team
Operating Systems
1 41 (43.62%) Linux
2 13 (13.83%) Unix
3 5 (5.32%) Windows
3 5 (5.32%) Windows Server
4 3 (3.19%) Red Hat Enterprise Linux
Processes & Methodologies
1 35 (37.23%) Computer Science
2 34 (36.17%) Algorithmic Trading
3 32 (34.04%) Multithreading
4 28 (29.79%) Problem-Solving
5 26 (27.66%) Software Engineering
6 24 (25.53%) Mathematics
7 21 (22.34%) Electronic Trading
7 21 (22.34%) Low Latency
7 21 (22.34%) Order Management
8 17 (18.09%) SDLC
9 16 (17.02%) Data Protection
9 16 (17.02%) Investment Management
10 15 (15.96%) Agile
10 15 (15.96%) Data Pipeline
10 15 (15.96%) Quantitative Research
11 14 (14.89%) Analytics
11 14 (14.89%) Data Engineering
12 13 (13.83%) Data Governance
12 13 (13.83%) IT Governance
12 13 (13.83%) Performance Monitoring
Programming Languages
1 37 (39.36%) Java
2 36 (38.30%) Python
3 25 (26.60%) C++
4 24 (25.53%) SQL
5 10 (10.64%) C#
6 3 (3.19%) C
7 2 (2.13%) Go
8 1 (1.06%) JavaScript
8 1 (1.06%) Scala
Qualifications
1 34 (36.17%) Degree
2 19 (20.21%) Computer Science Degree
3 12 (12.77%) Sun Certification
4 6 (6.38%) Numerate Degree
5 3 (3.19%) PhD
Quality Assurance & Compliance
1 8 (8.51%) Accessibility
System Software
1 2 (2.13%) Docker
Systems Management
1 3 (3.19%) Kubernetes
2 2 (2.13%) Grafana
3 1 (1.06%) Ansible
3 1 (1.06%) Prometheus
3 1 (1.06%) Terraform
Vendors
1 14 (14.89%) Google
2 13 (13.83%) Microsoft
3 5 (5.32%) ION Trading
3 5 (5.32%) Oracle
4 3 (3.19%) Red Hat
5 1 (1.06%) Splunk