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 22 May 2015 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
22 May 2015
Same period 2014 Same period 2013
Fixed Income
Rank 56 61 24
Rank change year-on-year
+5 -37
Contract jobs citing Fixed Income 15 5 78
As % of all contract IT jobs located in Glasgow 1.72% 0.72% 8.13%
As % of the Miscellaneous category 6.05% 2.56% 25.08%
Number of daily rates quoted 5 4 27
Average daily rate
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of your Daily Rate
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£400 £350 £500
Average daily rate % change year-on-year
+14.28% -30.00%
90% offered a daily rate of more than £349 £350 £350
10% offered a daily rate of more than £425 £350 £505
UK excluding London average daily rate £413 £420 £450
% change year-on-year
-1.78% -6.66%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £17.00
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
248 195 311
As % of all contract IT jobs located in Glasgow 28.47% 28.06% 32.40%
Number of daily rates quoted 109 112 134
Average daily rate £375 £375 £353
Average daily rate % change year-on-year
- +6.38%
90% offered a daily rate of more than £245 £227 £270
10% offered a daily rate of more than £450 £425 £500
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 17 1 9
Average hourly rate £26.22 £11.50 £12.44
Average hourly rate % change year-on-year
+128.00% -7.51%
90% offered a hourly rate of more than £12.10 £11.50 £9.25
10% offered a hourly rate of more than £68.00 £11.50 £14.10
UK excluding London average hourly rate £19.00 £22.50 £21.83
% change year-on-year
-15.55% +3.06%

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 22 May 2015, 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 15 (88.24%) Finance
2 10 (58.82%) Equities
3 9 (52.94%) OOD
3 9 (52.94%) Java
3 9 (52.94%) SQL
3 9 (52.94%) Sybase
3 9 (52.94%) OO
4 8 (47.06%) Analytical Skills
5 7 (41.18%) Agile Software Development
5 7 (41.18%) Banking
5 7 (41.18%) C#
5 7 (41.18%) Front Office
6 6 (35.29%) Investment Management
7 5 (29.41%) Investment Banking
7 5 (29.41%) Software Engineering
7 5 (29.41%) XML
7 5 (29.41%) .NET
8 4 (23.53%) Perl
8 4 (23.53%) DB2
8 4 (23.53%) JUnit
8 4 (23.53%) UNIX
8 4 (23.53%) Linux
8 4 (23.53%) JMS
8 4 (23.53%) J2SE
8 4 (23.53%) RDBMS
8 4 (23.53%) Workflow
8 4 (23.53%) Equity Derivative
8 4 (23.53%) Spring
8 4 (23.53%) Database Tuning
8 4 (23.53%) Wealth Management

Fixed Income
Top Related IT Skills in Glasgow by Category

For the 6 months to 22 May 2015, 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.

Applications
1 3 (17.65%) MS Excel
Database & Business Intelligence
1 4 (23.53%) DB2
1 4 (23.53%) RDBMS
1 4 (23.53%) Relational Database
2 3 (17.65%) QlikView
Development Applications
1 4 (23.53%) JUnit
2 2 (11.76%) JIRA
General
1 15 (88.24%) Finance
2 7 (41.18%) Banking
2 7 (41.18%) Front Office
3 5 (29.41%) Investment Banking
4 2 (11.76%) Legal
Job Titles
1 11 (64.71%) Developer
2 9 (52.94%) Java Developer
3 5 (29.41%) Analyst
3 5 (29.41%) Business Analyst
4 2 (11.76%) Infrastructure Analyst
4 2 (11.76%) C# Developer
4 2 (11.76%) Infrastructure Manager
4 2 (11.76%) Capacity Analyst
4 2 (11.76%) Capacity Manager
4 2 (11.76%) WPF Developer
5 1 (5.88%) Senior Java Developer
5 1 (5.88%) Senior Developer
Libraries, Frameworks & Software Standards
1 5 (29.41%) XML
1 5 (29.41%) .NET
2 4 (23.53%) JMS
2 4 (23.53%) J2SE
2 4 (23.53%) Spring
3 3 (17.65%) WPF
3 3 (17.65%) FIX Protocol
4 2 (11.76%) FpML
Miscellaneous
1 10 (58.82%) Equities
2 8 (47.06%) Analytical Skills
3 4 (23.53%) Equity Derivative
4 2 (11.76%) Management Information System
4 2 (11.76%) Interest Rate Derivative
4 2 (11.76%) Credit Derivative
Operating Systems
1 4 (23.53%) UNIX
1 4 (23.53%) Linux
Processes & Methodologies
1 9 (52.94%) OOD
1 9 (52.94%) OO
2 7 (41.18%) Agile Software Development
3 6 (35.29%) Investment Management
4 5 (29.41%) Software Engineering
5 4 (23.53%) Workflow
5 4 (23.53%) Database Tuning
5 4 (23.53%) Wealth Management
5 4 (23.53%) Performance Tuning
6 3 (17.65%) Capacity Management
7 2 (11.76%) CRM
7 2 (11.76%) Algorithmic Trading
7 2 (11.76%) User Acceptance Testing
7 2 (11.76%) Electronic Trading
7 2 (11.76%) MVVM
7 2 (11.76%) Market Making
7 2 (11.76%) User Stories
8 1 (5.88%) Asset Management
8 1 (5.88%) Workflow Management
8 1 (5.88%) Business Analysis
Programming Languages
1 9 (52.94%) Java
1 9 (52.94%) SQL
2 7 (41.18%) C#
3 4 (23.53%) Perl
Quality Assurance & Compliance
1 2 (11.76%) QA
2 1 (5.88%) EMIR
2 1 (5.88%) MiFID
Vendors
1 9 (52.94%) Sybase
2 3 (17.65%) Tableau
2 3 (17.65%) Microsoft
2 3 (17.65%) Business Objects
3 1 (5.88%) Charles River