The table below looks at the prevalence of the term Fixed Income in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Fixed Income over the 3 months to 9 February 2016 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
9 Feb 2016
Same period 2015 Same period 2014
Fixed Income
Rank 69 98 64
Rank change year-on-year
+29 -34
Contract jobs citing Fixed Income 90 94 180
As % of all contract IT jobs located in the City of London 2.86% 1.84% 3.03%
As % of the Miscellaneous category 7.11% 4.76% 7.72%
Number of daily rates quoted 62 86 155
Average daily rate £600 £550 £600
Average daily rate % change year-on-year
+9.09% -8.33%
90% offered a daily rate of more than £450 £356 £450
10% offered a daily rate of more than £725 £638 £650
UK excluding London average daily rate £425 £145 £400
% change year-on-year
+193.10% -63.75%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Fixed Income
London

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the City of London region.

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
1266 1974 2331
As % of all contract IT jobs located in the City of London 40.23% 38.55% 39.18%
Number of daily rates quoted 973 1540 1690
Average daily rate £500 £450 £500
Average daily rate % change year-on-year
+11.11% -10.00%
90% offered a daily rate of more than £300 £300 £275
10% offered a daily rate of more than £675 £625 £650
UK excluding London average daily rate £375 £370 £350
% change year-on-year
+1.35% +5.71%
Number of hourly rates quoted 28 31 36
Average hourly rate £19.99 £17.87 £20.00
Average hourly rate % change year-on-year
+11.89% -10.67%
90% offered a hourly rate of more than £12.90 £13.25 £17.00
10% offered a hourly rate of more than £35.60 £27.37 £42.50
UK excluding London average hourly rate £24.00 £17.50 £17.50
% change year-on-year
+37.14% -

Fixed Income
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Fixed Income across the City of London region as a proportion of the total demand within the Miscellaneous category.

Fixed Income Jobs Demand Trend in the City of London

Fixed Income
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Fixed Income across the City of London region.

Fixed Income Daily Rate Trend in the City of London

Fixed Income
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Fixed Income across the City of London region over the 3 months to 9 February 2016.

Fixed Income Daily Rate Histogram in the City of London

Fixed Income
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Fixed Income across the City of London region.

Fixed Income Hourly Rate Trend in the City of London

Fixed Income
Top 30 Related IT Skills in the City of London

For the 6 months to 9 February 2016, IT contractor jobs across the City of London region citing Fixed Income also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Fixed Income.

1 103 (54.79%) Finance
2 94 (50.00%) Banking
3 91 (48.40%) Derivative
4 78 (41.49%) Investment Banking
5 76 (40.43%) Front Office
6 67 (35.64%) Equities
7 59 (31.38%) Foreign Exchange (FX)
8 52 (27.66%) SQL
9 51 (27.13%) Java
10 48 (25.53%) Unix
11 46 (24.47%) Electronic Trading
12 34 (18.09%) Linux
13 31 (16.49%) Analytical Skills
14 30 (15.96%) Business Analysis
15 29 (15.43%) Agile Software Development
16 27 (14.36%) JUnit
17 25 (13.30%) C#
18 24 (12.77%) SQL Server
19 23 (12.23%) Scala
20 21 (11.17%) C++
20 21 (11.17%) Software Engineering
21 20 (10.64%) Equity Derivative
21 20 (10.64%) Grid Computing
21 20 (10.64%) Sybase
21 20 (10.64%) Eclipse
21 20 (10.64%) Functional Programming
21 20 (10.64%) Gradle
22 19 (10.11%) Murex
23 18 (9.57%) Multithreading
24 17 (9.04%) Analytics

Fixed Income
Top Related IT Skills in the City of London by Category

For the 6 months to 9 February 2016, IT contractor jobs across the City of London region citing Fixed Income also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Fixed Income. Up to 20 skills are shown per category.

Application Platforms
1 4 (2.13%) Mule
1 4 (2.13%) Tomcat
1 4 (2.13%) WebLogic
2 3 (1.60%) MQSeries
3 2 (1.06%) JBoss
4 1 (0.53%) Node.js
4 1 (0.53%) Oracle Coherence
4 1 (0.53%) WebSphere
4 1 (0.53%) WebSphere Application Server
Applications
1 5 (2.66%) MS Excel
2 3 (1.60%) MS Office
3 2 (1.06%) Adobe Illustrator
3 2 (1.06%) Photoshop
Business Applications
1 10 (5.32%) Markit EDM
2 8 (4.26%) ION MarketView
3 6 (3.19%) RMDS
3 6 (3.19%) Sentinel
4 5 (2.66%) LatentZero
5 4 (2.13%) Front Arena
6 3 (1.60%) SunGard GMI
7 2 (1.06%) Eikon
7 2 (1.06%) Remedy ITSM
7 2 (1.06%) Rolfe and Nolan
7 2 (1.06%) SimCorp Dimension
7 2 (1.06%) thinkFolio
8 1 (0.53%) Loan IQ
8 1 (0.53%) Minerva
Communications & Networking
1 3 (1.60%) TCP/IP
2 2 (1.06%) Multicast
2 2 (1.06%) PuTTY
2 2 (1.06%) Unicast
Database & Business Intelligence
1 24 (12.77%) SQL Server
2 10 (5.32%) Data Warehouse
3 6 (3.19%) Relational Database
4 5 (2.66%) SQL Server Analysis Services
4 5 (2.66%) SQL Server Integration Services
4 5 (2.66%) SQL Server Reporting Services
5 3 (1.60%) MySQL
5 3 (1.60%) RDBMS
5 3 (1.60%) SQL Server 2012
6 2 (1.06%) BusinessObjects
6 2 (1.06%) MongoDB
6 2 (1.06%) MS Access
6 2 (1.06%) NoSQL
7 1 (0.53%) BusinessObjects Web Intelligence
7 1 (0.53%) BusinessObjects XI
7 1 (0.53%) Data Mining
7 1 (0.53%) Microsoft Analysis Services
7 1 (0.53%) OLTP
7 1 (0.53%) Oracle Database
7 1 (0.53%) SQL Server 2008
Development Applications
1 27 (14.36%) JUnit
2 20 (10.64%) Eclipse
2 20 (10.64%) Gradle
3 17 (9.04%) JIRA
4 13 (6.91%) Subversion
5 8 (4.26%) ClearCase
5 8 (4.26%) ClearQuest
6 5 (2.66%) Jenkins
7 4 (2.13%) Cucumber
7 4 (2.13%) EasyMock
7 4 (2.13%) Maven
7 4 (2.13%) Mockito
7 4 (2.13%) Selenium
8 3 (1.60%) Git (software)
9 2 (1.06%) jMock
10 1 (0.53%) Atlassian Bamboo
10 1 (0.53%) SoapUI
10 1 (0.53%) TestDirector
General
1 103 (54.79%) Finance
2 94 (50.00%) Banking
3 78 (41.49%) Investment Banking
4 76 (40.43%) Front Office
5 13 (6.91%) Back Office
6 5 (2.66%) Legal
7 4 (2.13%) Financial Institution
8 3 (1.60%) Advertising
9 1 (0.53%) General Ledger
9 1 (0.53%) Spanish Language
Job Titles
1 61 (32.45%) Analyst
2 59 (31.38%) Developer
3 44 (23.40%) Business Analyst
4 25 (13.30%) Java Developer
5 21 (11.17%) Software Engineer
6 20 (10.64%) Java Engineer
6 20 (10.64%) Java Scala Software Engineer
6 20 (10.64%) Java Software Engineer
6 20 (10.64%) Scala Software Engineer
7 19 (10.11%) Senior Developer
8 16 (8.51%) Senior Java Developer
9 13 (6.91%) Project Manager
10 11 (5.85%) C++ Developer
11 10 (5.32%) Applications Support
11 10 (5.32%) Banking Analyst
11 10 (5.32%) Investment Banking Business Analyst
12 9 (4.79%) Quantitative Developer
13 8 (4.26%) C# Developer
13 8 (4.26%) Database Developer
13 8 (4.26%) Sybase Developer
Libraries, Frameworks & Software Standards
1 16 (8.51%) XML
2 13 (6.91%) FpML
3 12 (6.38%) FIX Protocol
3 12 (6.38%) Spring
4 9 (4.79%) FIXML
5 8 (4.26%) HTML
6 7 (3.72%) REST
7 6 (3.19%) .NET
7 6 (3.19%) Hibernate
7 6 (3.19%) Java EE
7 6 (3.19%) JMS
8 5 (2.66%) ActiveMQ
8 5 (2.66%) J2EE
8 5 (2.66%) JSON
8 5 (2.66%) Middleware
8 5 (2.66%) SOAP
8 5 (2.66%) WebSphere MQ
8 5 (2.66%) XML Schema
9 4 (2.13%) CSS
9 4 (2.13%) JSP
Miscellaneous
1 91 (48.40%) Derivative
2 67 (35.64%) Equities
3 59 (31.38%) Foreign Exchange (FX)
4 31 (16.49%) Analytical Skills
5 20 (10.64%) Equity Derivative
5 20 (10.64%) Grid Computing
6 13 (6.91%) Market Risk
7 9 (4.79%) Interest Rate Derivative
7 9 (4.79%) User Experience
8 8 (4.26%) Enterprise Software
9 6 (3.19%) Credit Derivative
9 6 (3.19%) Hedge funds
10 5 (2.66%) Contract for Difference
11 4 (2.13%) Mathematics
11 4 (2.13%) SWIFT
12 3 (1.60%) Client/Server
12 3 (1.60%) Computer Science
12 3 (1.60%) Credit Risk
12 3 (1.60%) Data Structures
13 2 (1.06%) N-Tier
Operating Systems
1 48 (25.53%) Unix
2 34 (18.09%) Linux
3 10 (5.32%) Windows
4 4 (2.13%) Red Hat Enterprise Linux
5 2 (1.06%) Solaris
5 2 (1.06%) SUSE
5 2 (1.06%) SUSE Linux Enterprise Server
5 2 (1.06%) Windows 7
6 1 (0.53%) AIX
6 1 (0.53%) Windows Server
Processes & Methodologies
1 46 (24.47%) Electronic Trading
2 30 (15.96%) Business Analysis
3 29 (15.43%) Agile Software Development
4 21 (11.17%) Software Engineering
5 20 (10.64%) Functional Programming
6 18 (9.57%) Multithreading
7 17 (9.04%) Analytics
8 16 (8.51%) TDD
9 15 (7.98%) Low Latency
10 14 (7.45%) Risk Management
11 13 (6.91%) Stakeholder Management
12 12 (6.38%) Migration
12 12 (6.38%) OO
13 11 (5.85%) SDLC
13 11 (5.85%) UML
14 10 (5.32%) Asset Management
14 10 (5.32%) Concurrent Programming
14 10 (5.32%) E-Commerce
15 9 (4.79%) Project Management
16 8 (4.26%) Data Modelling
Programming Languages
1 52 (27.66%) SQL
2 51 (27.13%) Java
3 25 (13.30%) C#
4 23 (12.23%) Scala
5 21 (11.17%) C++
6 14 (7.45%) VBA
7 12 (6.38%) Perl
8 10 (5.32%) Shell Script
9 9 (4.79%) Python
9 9 (4.79%) T-SQL
10 7 (3.72%) JavaScript
11 6 (3.19%) Bash Shell
12 5 (2.66%) PL/SQL
13 4 (2.13%) C
14 3 (1.60%) VB
15 2 (1.06%) CoffeeScript
15 2 (1.06%) MATLAB
15 2 (1.06%) Ruby
15 2 (1.06%) XAML
16 1 (0.53%) VBScript
Qualifications
1 14 (7.45%) Degree
2 2 (1.06%) ISEB
2 2 (1.06%) ISTQB
2 2 (1.06%) PhD
3 1 (0.53%) PMI Certification
3 1 (0.53%) PMP
Quality Assurance & Compliance
1 10 (5.32%) QA
2 3 (1.60%) Dodd-Frank
2 3 (1.60%) MiFID
3 2 (1.06%) EMIR
4 1 (0.53%) Basel III
4 1 (0.53%) COREP
4 1 (0.53%) CRD IV
4 1 (0.53%) ISO 9001
4 1 (0.53%) Solvency II
System Software
1 2 (1.06%) NFS
Systems Management
1 7 (3.72%) HP Quality Center
2 5 (2.66%) Control-M
3 2 (1.06%) BMC PATROL
3 2 (1.06%) Puppet
4 1 (0.53%) Thomson Reuters DACS
Vendors
1 20 (10.64%) Sybase
2 19 (10.11%) Murex
3 11 (5.85%) Oracle
3 11 (5.85%) Reuters
4 9 (4.79%) ION Trading
5 8 (4.26%) DataSynapse
6 7 (3.72%) Bloomberg
6 7 (3.72%) Charles River
6 7 (3.72%) Fidessa
6 7 (3.72%) SunGard
7 6 (3.19%) HP
8 4 (2.13%) Red Hat
8 4 (2.13%) Remedy
9 3 (1.60%) FactSet
9 3 (1.60%) Microsoft
10 2 (1.06%) Adobe
10 2 (1.06%) Algorithmics
10 2 (1.06%) CQG
10 2 (1.06%) SimCorp
10 2 (1.06%) Sun
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