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 18 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
18 May 2024
Same period 2023 Same period 2022
Rank 851 926 1107
Rank change year-on-year +75 +181 -256
Permanent jobs citing Market Making 39 51 137
As % of all permanent jobs advertised in the UK 0.039% 0.051% 0.085%
As % of the Processes & Methodologies category 0.046% 0.054% 0.089%
Number of salaries quoted 25 42 88
10th Percentile £97,500 £68,125 £90,000
25th Percentile £115,000 £87,813 £100,000
Median annual salary (50th Percentile) £150,000 £100,000 £120,000
Median % change year-on-year +50.00% -16.67% +20.00%
75th Percentile £172,500 £115,000 £142,500
90th Percentile £187,500 £142,500 £220,000
UK excluding London median annual salary - - -

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 85,135 94,784 153,905
As % of all permanent jobs advertised in the UK 85.22% 95.58% 95.76%
Number of salaries quoted 59,872 55,911 82,488
10th Percentile £29,089 £34,000 £33,635
25th Percentile £40,000 £45,000 £43,750
Median annual salary (50th Percentile) £55,000 £61,180 £60,000
Median % change year-on-year -10.10% +1.97% +9.09%
75th Percentile £72,500 £81,250 £80,000
90th Percentile £92,500 £100,000 £96,250
UK excluding London median annual salary £50,000 £55,000 £52,500
% change year-on-year -9.09% +4.76% +9.38%

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 18 May 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 18 May 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
London +98 39 £150,000 +50.00% 52
England +77 39 £150,000 +50.00% 52
Work from Home +63 21 £115,000 +17.95% 12

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 (5.13%) Ethereum
1 2 (5.13%) Hyperledger
2 1 (2.56%) SAS
Business Applications
1 2 (5.13%) Distributed Ledger
1 2 (5.13%) R3 Corda
Cloud Services
1 2 (5.13%) AWS
1 2 (5.13%) SaaS
2 1 (2.56%) Cloud Computing
Database & Business Intelligence
1 1 (2.56%) Relational Database
General
1 20 (51.28%) Front Office
2 17 (43.59%) Banking
2 17 (43.59%) Investment Banking
3 9 (23.08%) Finance
4 8 (20.51%) Social Skills
5 4 (10.26%) Public Sector
5 4 (10.26%) Retail
6 2 (5.13%) Financial Institution
7 1 (2.56%) Back Office
Job Titles
1 29 (74.36%) Developer
2 21 (53.85%) Java Developer
3 18 (46.15%) Electronic Trading Developer
3 18 (46.15%) Electronic Trading Java Developer
4 14 (35.90%) Quantitative Developer
5 11 (28.21%) Java Quantitative Developer
6 7 (17.95%) Lead
7 6 (15.38%) Developer/Software Engineer
7 6 (15.38%) Front Office Developer
7 6 (15.38%) Java Engineer
7 6 (15.38%) Java Software Developer
7 6 (15.38%) Java Software Engineer
7 6 (15.38%) Software Engineer
8 5 (12.82%) Senior
9 4 (10.26%) Lead Developer
10 3 (7.69%) C++ Developer
10 3 (7.69%) Senior Developer
10 3 (7.69%) Services Director
11 2 (5.13%) Business Development Director
11 2 (5.13%) Sales Director
Libraries, Frameworks & Software Standards
1 13 (33.33%) FIX Protocol
2 7 (17.95%) Spring
3 6 (15.38%) Kafka
3 6 (15.38%) Spring Boot
4 3 (7.69%) Keras
4 3 (7.69%) OpenACC
4 3 (7.69%) PyTorch
4 3 (7.69%) TensorFlow
5 2 (5.13%) AngularJS
5 2 (5.13%) Django
5 2 (5.13%) Flask
5 2 (5.13%) J2SE
5 2 (5.13%) Node.js
5 2 (5.13%) React
5 2 (5.13%) RESTful
5 2 (5.13%) Vue
5 2 (5.13%) Web Services
Miscellaneous
1 13 (33.33%) Fixed Income
2 5 (12.82%) Algorithms
2 5 (12.82%) Data Structures
2 5 (12.82%) Equities
2 5 (12.82%) Hedge funds
3 4 (10.26%) FPGA
4 3 (7.69%) CUDA
4 3 (7.69%) Foreign Exchange (FX)
5 2 (5.13%) ASIC
5 2 (5.13%) Blockchain
5 2 (5.13%) Derivative
5 2 (5.13%) Management Information System
6 1 (2.56%) Enterprise Software
6 1 (2.56%) Greenfield Project
Operating Systems
1 6 (15.38%) Linux
2 1 (2.56%) Windows
2 1 (2.56%) Windows Server
Processes & Methodologies
1 21 (53.85%) Algorithmic Trading
2 19 (48.72%) Electronic Trading
3 10 (25.64%) Low Latency
3 10 (25.64%) Software Engineering
4 8 (20.51%) High-Frequency Trading
5 6 (15.38%) Artificial Intelligence
5 6 (15.38%) Machine Learning
6 5 (12.82%) Analytics
6 5 (12.82%) Performance Engineering
7 4 (10.26%) Business Development
7 4 (10.26%) Data Analytics
7 4 (10.26%) Full Stack Development
7 4 (10.26%) Multithreading
7 4 (10.26%) Problem-Solving
8 3 (7.69%) Deep Learning
8 3 (7.69%) Fintech
8 3 (7.69%) LSTM
8 3 (7.69%) Mathematics
8 3 (7.69%) Parallel Programming
8 3 (7.69%) Roadmaps
Programming Languages
1 21 (53.85%) Java
2 13 (33.33%) Python
3 6 (15.38%) C++
4 3 (7.69%) JavaScript
4 3 (7.69%) TypeScript
5 2 (5.13%) Rust
6 1 (2.56%) SQL
Qualifications
1 1 (2.56%) PhD
System Software
1 6 (15.38%) Docker
Systems Management
1 6 (15.38%) Kubernetes
Vendors
1 4 (10.26%) Pega
1 4 (10.26%) Salesforce
1 4 (10.26%) SAP
2 1 (2.56%) ION Trading
2 1 (2.56%) Oracle