Fixed Income Contracts in the City of London

Fixed Income
Central London > City of London

The table below looks at the prevalence of the term Fixed Income in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Fixed Income over the 6 months to 17 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
17 May 2024
Same period 2023 Same period 2022
Rank 114 120 112
Rank change year-on-year +6 -8 -35
Contract jobs citing Fixed Income 13 46 75
As % of all contract jobs advertised in the City of London 0.60% 1.31% 1.78%
As % of the Miscellaneous category 1.91% 3.75% 5.04%
Number of daily rates quoted 12 41 54
10th Percentile £628 £350 £554
25th Percentile £772 £631 £663
Median daily rate (50th Percentile) £825 £750 £800
Median % change year-on-year +10.00% -6.25% +18.52%
75th Percentile £879 £925 £888
90th Percentile £954 £999 £913
Central London median daily rate £834 £750 £800
% change year-on-year +11.23% -6.25% +18.52%

All Generic Skills
City of London

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 contract job vacancies advertised in the City of London with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 681 1,227 1,488
As % of all contract IT jobs advertised in the City of London 31.45% 35.02% 35.37%
Number of daily rates quoted 460 839 1,072
10th Percentile £263 £363 £413
25th Percentile £425 £500 £500
Median daily rate (50th Percentile) £575 £625 £585
Median % change year-on-year -8.00% +6.84% +4.00%
75th Percentile £700 £750 £700
90th Percentile £838 £856 £808
Central London median daily rate £575 £613 £575
% change year-on-year -6.12% +6.52% +2.68%
Number of hourly rates quoted 7 14 28
10th Percentile £12.75 £17.69 £18.50
25th Percentile £14.38 £35.00 £37.00
Median hourly rate £23.00 £37.42 £46.50
Median % change year-on-year -38.53% -19.54% +230.37%
75th Percentile £27.25 £87.16 £59.50
90th Percentile £36.60 £88.30 £63.48
Central London median hourly rate £23.00 £35.00 £46.50
% change year-on-year -34.29% -24.73% +158.69%

Fixed Income
Job Vacancy Trend in the City of London

Job postings citing Fixed Income as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Fixed Income in the City of London

Fixed Income
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Fixed Income in the City of London.

Daily rate trend for Fixed Income in the City of London

Fixed Income
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Fixed Income in the City of London over the 6 months to 17 May 2024.

Daily rate histogram for Fixed Income in the City of London

Fixed Income
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Fixed Income in the City of London.

Hourly rate trend for Fixed Income in the City of London

Fixed Income
Co-occurring Skills and Capabilities in the City of London 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 1 (7.69%) Confluence
Business Applications
1 1 (7.69%) ION MarketView
Cloud Services
1 2 (15.38%) GCP
2 1 (7.69%) Azure
Communications & Networking
1 1 (7.69%) FIX Connectivity
1 1 (7.69%) TCP/IP
Database & Business Intelligence
1 3 (23.08%) KDB
Development Applications
1 2 (15.38%) JIRA
1 2 (15.38%) Selenium
2 1 (7.69%) Bitbucket
2 1 (7.69%) Git
2 1 (7.69%) Jenkins
2 1 (7.69%) Octopus Deploy
2 1 (7.69%) SpecFlow
2 1 (7.69%) TeamCity
General
1 7 (53.85%) Front Office
2 4 (30.77%) Social Skills
3 3 (23.08%) Banking
4 2 (15.38%) Finance
4 2 (15.38%) Investment Banking
5 1 (7.69%) Back Office
Job Titles
1 8 (61.54%) Developer
2 3 (23.08%) C# Developer
3 2 (15.38%) Java Developer
3 2 (15.38%) React Developer
4 1 (7.69%) Analyst
4 1 (7.69%) Angular Developer
4 1 (7.69%) Business Analyst
4 1 (7.69%) Business Manager
4 1 (7.69%) Business Project Manager
4 1 (7.69%) Full Stack Developer
4 1 (7.69%) Full-Stack C# Developer
4 1 (7.69%) KDB Developer
4 1 (7.69%) Project Analyst
4 1 (7.69%) Project Manager
4 1 (7.69%) Senior
Libraries, Frameworks & Software Standards
1 4 (30.77%) React
2 3 (23.08%) .NET
3 2 (15.38%) .NET Core
3 2 (15.38%) AngularJS
3 2 (15.38%) FIX Protocol
4 1 (7.69%) CSS
4 1 (7.69%) HTML
4 1 (7.69%) RESTful
4 1 (7.69%) RxJS
4 1 (7.69%) Spring
4 1 (7.69%) WebSockets
Miscellaneous
1 3 (23.08%) Algorithms
2 2 (15.38%) Derivative
2 2 (15.38%) Distributed Systems
3 1 (7.69%) Equities
3 1 (7.69%) Team-Oriented Environment
Processes & Methodologies
1 5 (38.46%) Electronic Trading
2 4 (30.77%) Low Latency
2 4 (30.77%) Test Automation
3 3 (23.08%) Agile
3 3 (23.08%) Algorithmic Trading
3 3 (23.08%) Problem-Solving
4 2 (15.38%) Analytics
4 2 (15.38%) Backtesting
4 2 (15.38%) Full Stack Development
4 2 (15.38%) OO
4 2 (15.38%) Order Management
4 2 (15.38%) Reinforcement Learning
4 2 (15.38%) Risk Management
4 2 (15.38%) SDET
4 2 (15.38%) Statistical Modelling
4 2 (15.38%) Technical Debt
5 1 (7.69%) BDD
5 1 (7.69%) Manual Testing
5 1 (7.69%) Microservices
5 1 (7.69%) Test Planning
Programming Languages
1 7 (53.85%) Java
2 6 (46.15%) C#
3 3 (23.08%) TypeScript
4 2 (15.38%) JavaScript
4 2 (15.38%) Python
4 2 (15.38%) R
4 2 (15.38%) SQL
5 1 (7.69%) Kotlin
Qualifications
1 2 (15.38%) Degree
2 1 (7.69%) Computer Science Degree
2 1 (7.69%) Master's Degree
Vendors
1 2 (15.38%) ION Trading
2 1 (7.69%) Bloomberg
2 1 (7.69%) MarketAxess
2 1 (7.69%) ServiceNow
2 1 (7.69%) Tradeweb