Fixed Income
UK

The table below looks at the prevalence of the term Fixed Income in permanent job vacancies. Included is a benchmarking guide to the salaries offered in vacancies that have cited Fixed Income over the 6 months to 28 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
28 May 2024
Same period 2023 Same period 2022
Rank 353 400 505
Rank change year-on-year +47 +105 -73
Permanent jobs citing Fixed Income 801 781 1,100
As % of all permanent jobs advertised in the UK 0.78% 0.80% 0.66%
As % of the Miscellaneous category 2.26% 1.87% 1.37%
Number of salaries quoted 754 727 1,026
10th Percentile £77,500 £72,800 £71,250
25th Percentile £87,500 £85,000 £85,000
Median annual salary (50th Percentile) £115,000 £107,500 £115,000
Median % change year-on-year +6.98% -6.52% +15.00%
75th Percentile £143,750 £143,750 £136,250
90th Percentile £165,000 £160,000 £162,500
UK excluding London median annual salary £100,000 £80,000 £62,500
% change year-on-year +25.00% +28.00% +19.05%

All Generic Skills
UK

Fixed Income is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for generic IT skills.

Permanent vacancies with a requirement for generic IT skills 35,381 41,658 80,546
As % of all permanent jobs advertised in the UK 34.48% 42.79% 48.24%
Number of salaries quoted 23,078 22,714 34,326
10th Percentile £28,000 £35,738 £34,500
25th Percentile £38,070 £46,350 £45,625
Median annual salary (50th Percentile) £55,000 £65,000 £62,500
Median % change year-on-year -15.38% +4.00% +4.17%
75th Percentile £75,000 £86,250 £83,750
90th Percentile £97,500 £110,000 £102,500
UK excluding London median annual salary £50,000 £55,000 £52,500
% change year-on-year -9.09% +4.76% +5.00%

Fixed Income
Job Vacancy Trend

Job postings citing Fixed Income as a proportion of all IT jobs advertised.

Job vacancy trend for Fixed Income in the UK

Fixed Income
Salary Trend

3-month moving average salary quoted in jobs citing Fixed Income.

Salary trend for Fixed Income in the UK

Fixed Income
Salary Histogram

Salary distribution for jobs citing Fixed Income over the 6 months to 28 May 2024.

Salary histogram for Fixed Income in the UK

Fixed Income
Top 11 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Fixed Income within the UK over the 6 months to 28 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
England +56 788 £115,000 +6.98% 132
London +63 780 £115,000 +6.98% 128
Work from Home +46 504 £115,000 +6.98% 63
UK excluding London -5 18 £100,000 +25.00% 6
Scotland - 7 - -
South West - 6 - -
Northern Ireland - 3 £105,000 - 2
West Midlands +9 1 £44,700 -44.13% 1
Midlands -6 1 £44,700 -44.13% 1
North West - 1 £42,500 - 3
North of England - 1 £42,500 - 3

Fixed Income
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
1 428 (53.43%) Apache Airflow
2 415 (51.81%) Apache
3 4 (0.50%) Confluence
4 2 (0.25%) MQSeries
5 1 (0.12%) Jupyter
Applications
1 15 (1.87%) Microsoft Excel
2 6 (0.75%) Microsoft PowerPoint
3 2 (0.25%) Microsoft Office
3 2 (0.25%) MS Visio
4 1 (0.12%) Microsoft Project
4 1 (0.12%) Spreadsheet
Business Applications
1 29 (3.62%) Aladdin
2 15 (1.87%) thinkFolio
3 2 (0.25%) ION Anvil
3 2 (0.25%) ION MarketView
3 2 (0.25%) Markit EDM
4 1 (0.12%) Bloomberg AIM
4 1 (0.12%) Salesforce CRM
Cloud Services
1 627 (78.28%) AWS
2 418 (52.18%) GCP
3 307 (38.33%) dbt
4 259 (32.33%) Azure
5 253 (31.59%) Snowflake
6 9 (1.12%) Power Platform
7 4 (0.50%) Serverless
8 3 (0.37%) Amazon EC2
8 3 (0.37%) Amazon S3
8 3 (0.37%) AWS CloudFormation
8 3 (0.37%) AWS Lambda
8 3 (0.37%) SaaS
9 2 (0.25%) WeChat
10 1 (0.12%) Amazon EKS
10 1 (0.12%) Azure AKS
10 1 (0.12%) GitHub
10 1 (0.12%) Google Kubernetes Engine
Communications & Networking
1 6 (0.75%) Internet
2 3 (0.37%) TCP/IP
Database & Business Intelligence
1 407 (50.81%) Apache Ignite
2 307 (38.33%) Apache Arrow
2 307 (38.33%) Dremio
3 299 (37.33%) Amazon Athena
4 260 (32.46%) Data Lake
5 99 (12.36%) PostgreSQL
6 12 (1.50%) SQL Server
7 9 (1.12%) Big Data
7 9 (1.12%) KDB
7 9 (1.12%) Power BI
8 8 (1.00%) SQL Server Integration Services
8 8 (1.00%) SQL Server Reporting Services
8 8 (1.00%) Tableau
9 5 (0.62%) Kdb+
10 3 (0.37%) Amazon RDS
10 3 (0.37%) Relational Database
11 2 (0.25%) Data Mart
11 2 (0.25%) MySQL
11 2 (0.25%) SQLPlus
Development Applications
1 63 (7.87%) Cypress.io
2 10 (1.25%) JIRA
3 8 (1.00%) Git
4 7 (0.87%) Maven
5 4 (0.50%) Jenkins
6 3 (0.37%) GitLab
7 2 (0.25%) IntelliJ
8 1 (0.12%) Bitbucket
8 1 (0.12%) GDB
8 1 (0.12%) Gradle
8 1 (0.12%) Visual Studio
General
1 712 (88.89%) Finance
2 708 (88.39%) Front Office
3 464 (57.93%) Banking
4 345 (43.07%) Investment Banking
5 62 (7.74%) Back Office
6 34 (4.24%) Social Skills
7 25 (3.12%) Analytical Skills
8 15 (1.87%) Inclusion and Diversity
9 13 (1.62%) Law
10 9 (1.12%) Legal
11 8 (1.00%) Billing
12 7 (0.87%) Marketing
12 7 (0.87%) Presentation Skills
13 3 (0.37%) Financial Institution
14 2 (0.25%) Mandarin Language
Job Titles
1 415 (51.81%) Software Engineer
2 413 (51.56%) Developer
3 307 (38.33%) Developer/Software Engineer
4 236 (29.46%) Python Engineer
5 233 (29.09%) Python Software Engineer
6 208 (25.97%) Python Developer
7 149 (18.60%) Senior
8 145 (18.10%) Lead
9 142 (17.73%) Senior Software Engineer
10 133 (16.60%) React Developer
11 127 (15.86%) Analyst
12 120 (14.98%) AWS Engineer
13 116 (14.48%) AWS Software Engineer
14 109 (13.61%) Finance Manager
15 102 (12.73%) Java Engineer
16 99 (12.36%) Java Software Engineer
17 93 (11.61%) .NET Developer
18 81 (10.11%) .NET Software Developer
18 81 (10.11%) .NET Software Engineer
19 80 (9.99%) Business Analyst
Libraries, Frameworks & Software Standards
1 426 (53.18%) gRPC
1 426 (53.18%) Protocol Buffers
2 302 (37.70%) Pandas
3 288 (35.96%) NumPy
3 288 (35.96%) SciPy
4 272 (33.96%) React
5 237 (29.59%) Redux
6 123 (15.36%) Material-UI
7 114 (14.23%) AngularJS
8 111 (13.86%) Vue
9 103 (12.86%) .NET
10 57 (7.12%) .NET Core
11 48 (5.99%) Node.js
12 45 (5.62%) ASP.NET
12 45 (5.62%) ASP.NET Core
13 20 (2.50%) FIX Protocol
14 12 (1.50%) GraphQL
15 9 (1.12%) Spring
16 6 (0.75%) Spring Boot
17 4 (0.50%) RESTful
Miscellaneous
1 597 (74.53%) Hedge funds
2 555 (69.29%) Equities
3 485 (60.55%) Derivative
4 467 (58.30%) Foreign Exchange (FX)
5 71 (8.86%) Product Ownership
6 36 (4.49%) Pricing Data
7 15 (1.87%) Greenfield Project
8 12 (1.50%) Onboarding
9 9 (1.12%) Self-Motivation
10 8 (1.00%) Management Information System
10 8 (1.00%) Reference Data
11 7 (0.87%) Credit Derivative
11 7 (0.87%) Interest Rate Derivative
12 4 (0.50%) Distributed Systems
13 3 (0.37%) Algorithms
13 3 (0.37%) Equity Derivative
14 2 (0.25%) Data Structures
14 2 (0.25%) Distributed Applications
14 2 (0.25%) FPGA
14 2 (0.25%) Market Risk
Operating Systems
1 12 (1.50%) Linux
2 6 (0.75%) Apple iOS
3 3 (0.37%) Windows
4 2 (0.25%) Unix
4 2 (0.25%) Windows 10
5 1 (0.12%) Windows Server
Processes & Methodologies
1 669 (83.52%) Asset Management
2 632 (78.90%) Agile
3 584 (72.91%) Software Engineering
4 569 (71.04%) Investment Management
5 168 (20.97%) Full Stack Development
6 151 (18.85%) Artificial Intelligence
6 151 (18.85%) Machine Learning
7 114 (14.23%) Fintech
8 113 (14.11%) Greeks
9 110 (13.73%) Analytics
10 105 (13.11%) Automated Trading
11 104 (12.98%) Line Management
12 68 (8.49%) TDD
13 48 (5.99%) Performance Attribution
14 47 (5.87%) Roadmaps
15 45 (5.62%) DevOps
16 43 (5.37%) Portfolio Management
17 42 (5.24%) Product Management
18 41 (5.12%) Electronic Trading
19 39 (4.87%) Problem-Solving
Programming Languages
1 636 (79.40%) Python
2 521 (65.04%) TypeScript
3 429 (53.56%) JavaScript
4 331 (41.32%) Java
5 185 (23.10%) SQL
6 106 (13.23%) C#
7 35 (4.37%) R
8 13 (1.62%) Scala
9 12 (1.50%) Kotlin
9 12 (1.50%) Ruby
10 10 (1.25%) C++
11 8 (1.00%) VBA
12 3 (0.37%) Bash
12 3 (0.37%) PowerShell
13 1 (0.12%) Shell Script
Qualifications
1 33 (4.12%) Degree
2 16 (2.00%) Computer Science Degree
3 4 (0.50%) Master's Degree
4 3 (0.37%) AWS Certification
4 3 (0.37%) AWS Certified Solutions Architect
4 3 (0.37%) CFA
Quality Assurance & Compliance
1 121 (15.11%) Data Quality
2 43 (5.37%) QA
3 3 (0.37%) Accessibility
System Software
1 5 (0.62%) Docker
Systems Management
1 3 (0.37%) Control-M
1 3 (0.37%) Kubernetes
2 2 (0.25%) Ansible
3 1 (0.12%) Terraform
Vendors
1 99 (12.36%) Google
2 85 (10.61%) Bloomberg
3 22 (2.75%) Charles River
4 16 (2.00%) Oracle
5 14 (1.75%) BISAM
6 9 (1.12%) ION Trading
7 6 (0.75%) Microsoft
8 5 (0.62%) Salesforce
9 4 (0.50%) SAP
10 2 (0.25%) Calypso
10 2 (0.25%) Murex
10 2 (0.25%) Solace
10 2 (0.25%) TIBCO
11 1 (0.12%) FactSet
11 1 (0.12%) Progress
11 1 (0.12%) Refinitiv
11 1 (0.12%) ServiceNow
11 1 (0.12%) Sybase
11 1 (0.12%) Vertica