The table below looks at the prevalence of the term Fixed Income in IT contracts advertised for the Glasgow region. Included is a guide to the average contractor rates offered in IT contracts that have cited Fixed Income over the 3 months to 5 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
5 Feb 2016
Same period 2015 Same period 2014
Fixed Income
Rank - 65 57
Contract jobs citing Fixed Income 0 2 4
As % of all contract IT jobs located in Glasgow - 0.26% 0.68%
As % of the Miscellaneous category - 1.14% 2.76%
Number of daily rates quoted 0 2 4
Average daily rate - £475 £350
Average daily rate % change year-on-year
- +35.71%
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
Scotland

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

Miscellaneous Category
Glasgow
Contract IT job ads with a match in the
Miscellaneous category
176 176 145
As % of all contract IT jobs located in Glasgow 28.07% 23.22% 24.49%
Number of daily rates quoted 100 96 75
Average daily rate £280 £320 £370
Average daily rate % change year-on-year
-12.50% -13.51%
90% offered a daily rate of more than £125 £113 £240
10% offered a daily rate of more than £440 £475 £450
UK excluding London average daily rate £375 £373 £350
% change year-on-year
+0.67% +6.42%
Number of hourly rates quoted 1 2 7
Average hourly rate £49.41 £15.77 £15.50
Average hourly rate % change year-on-year
+213.31% +1.74%
UK excluding London average hourly rate £24.00 £17.50 £17.50
% change year-on-year
+37.14% -

Fixed Income
Jobs Demand Trend in Glasgow

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

Fixed Income Jobs Demand Trend in Glasgow

Fixed Income
Daily Rate Trend in Glasgow

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

Fixed Income Daily Rate Trend in Glasgow

Fixed Income
Top 30 Related IT Skills in Glasgow

For the 6 months to 5 February 2016, IT contractor jobs across the Glasgow 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 5 (100.00%) Banking
1 5 (100.00%) Derivative
1 5 (100.00%) Equity Derivative
1 5 (100.00%) Investment Banking
2 4 (80.00%) Market Making
2 4 (80.00%) Java
2 4 (80.00%) Finance
2 4 (80.00%) Legal
2 4 (80.00%) Equities
3 3 (60.00%) C++
3 3 (60.00%) Perl
3 3 (60.00%) Sybase
3 3 (60.00%) Linux
3 3 (60.00%) Use Case
3 3 (60.00%) Boost C++ Libraries
3 3 (60.00%) Relational Database
3 3 (60.00%) Front Office
4 1 (20.00%) User Experience
4 1 (20.00%) Business Analysis
4 1 (20.00%) High Availability
4 1 (20.00%) Data Analytics
4 1 (20.00%) Analytics
4 1 (20.00%) Unit Testing
4 1 (20.00%) Investment Management
4 1 (20.00%) Visualisation
4 1 (20.00%) Agile Software Development
4 1 (20.00%) Contract for Difference
4 1 (20.00%) WPF
4 1 (20.00%) Wealth Management
4 1 (20.00%) Algorithmic Trading

Fixed Income
Top Related IT Skills in Glasgow by Category

For the 6 months to 5 February 2016, IT contractor jobs across the Glasgow 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.

Database & Business Intelligence
1 3 (60.00%) Relational Database
General
1 5 (100.00%) Banking
1 5 (100.00%) Investment Banking
2 4 (80.00%) Finance
2 4 (80.00%) Legal
3 3 (60.00%) Front Office
Job Titles
1 4 (80.00%) Developer
2 3 (60.00%) C++ Developer
3 1 (20.00%) .NET Developer
3 1 (20.00%) .NET Software Developer
3 1 (20.00%) Analyst
3 1 (20.00%) Banking Analyst
3 1 (20.00%) Banking Business Analyst
3 1 (20.00%) Business Analyst
3 1 (20.00%) C# .NET Developer
3 1 (20.00%) C# Developer
3 1 (20.00%) C# Software Developer
3 1 (20.00%) C# WPF Developer
3 1 (20.00%) Fixed Income Business Analyst
3 1 (20.00%) Software Developer
3 1 (20.00%) SQL Analyst
3 1 (20.00%) WPF Developer
Libraries, Frameworks & Software Standards
1 3 (60.00%) Boost C++ Libraries
2 1 (20.00%) .NET
2 1 (20.00%) WPF
Miscellaneous
1 5 (100.00%) Derivative
1 5 (100.00%) Equity Derivative
2 4 (80.00%) Equities
3 1 (20.00%) Contract for Difference
3 1 (20.00%) Foreign Exchange (FX)
3 1 (20.00%) User Experience
3 1 (20.00%) Visualisation
Operating Systems
1 3 (60.00%) Linux
Processes & Methodologies
1 4 (80.00%) Market Making
2 3 (60.00%) Use Case
3 1 (20.00%) Agile Software Development
3 1 (20.00%) Algorithmic Trading
3 1 (20.00%) Analytics
3 1 (20.00%) Business Analysis
3 1 (20.00%) Data Analytics
3 1 (20.00%) High Availability
3 1 (20.00%) Investment Management
3 1 (20.00%) Unit Testing
3 1 (20.00%) Wealth Management
Programming Languages
1 4 (80.00%) Java
2 3 (60.00%) C++
2 3 (60.00%) Perl
3 1 (20.00%) C#
3 1 (20.00%) SQL
Vendors
1 3 (60.00%) Sybase