The table below looks at the prevalence of the term Fixed Income in IT contracts advertised for the Scotland region. Included is a guide to the average contractor rates offered in IT contracts that have cited Fixed Income over the 3 months to 13 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
13 Feb 2016
Same period 2015 Same period 2014
Fixed Income
Rank - 116 113
Contract jobs citing Fixed Income 0 7 8
As % of all contract IT jobs located in Scotland - 0.26% 0.33%
As % of the Miscellaneous category - 0.95% 1.43%
Number of daily rates quoted 0 3 6
Average daily rate - £475 £350
Average daily rate % change year-on-year
- +35.71%
UK excluding London average daily rate £425 £145 £350
% change year-on-year
+193.10% -58.57%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Fixed Income
UK

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

Miscellaneous Category
Scotland
Contract IT job ads with a match in the
Miscellaneous category
734 740 559
As % of all contract IT jobs located in Scotland 29.17% 27.90% 23.38%
Number of daily rates quoted 362 406 267
Average daily rate £363 £375 £375
Average daily rate % change year-on-year
-3.33% -
90% offered a daily rate of more than £190 £200 £225
10% offered a daily rate of more than £525 £500 £492
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 13 19 19
Average hourly rate £39.00 £16.00 £15.50
Average hourly rate % change year-on-year
+143.75% +3.22%
90% offered a hourly rate of more than £17.00 £12.10 £11.60
10% offered a hourly rate of more than £44.75 £31.00 £32.50
UK excluding London average hourly rate £22.50 £17.50 £17.50
% change year-on-year
+28.57% -

Fixed Income
Jobs Demand Trend in Scotland

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

Fixed Income Jobs Demand Trend in Scotland

Fixed Income
Daily Rate Trend in Scotland

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

Fixed Income Daily Rate Trend in Scotland

Fixed Income
Top 30 Related IT Skills in Scotland

For the 6 months to 13 February 2016, IT contractor jobs across the Scotland 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 6 (100.00%) Banking
1 6 (100.00%) Derivative
1 6 (100.00%) Investment Banking
2 5 (83.33%) Equity Derivative
2 5 (83.33%) Finance
3 4 (66.67%) Legal
3 4 (66.67%) Equities
3 4 (66.67%) Java
3 4 (66.67%) Market Making
4 3 (50.00%) Front Office
4 3 (50.00%) Relational Database
4 3 (50.00%) Use Case
4 3 (50.00%) Perl
4 3 (50.00%) Sybase
4 3 (50.00%) Linux
4 3 (50.00%) C++
4 3 (50.00%) Boost C++ Libraries
5 1 (16.67%) High Availability
5 1 (16.67%) Straight-Through Processing
5 1 (16.67%) Data Analytics
5 1 (16.67%) Analytics
5 1 (16.67%) Agile Software Development
5 1 (16.67%) Contract for Difference
5 1 (16.67%) WPF
5 1 (16.67%) Wealth Management
5 1 (16.67%) Algorithmic Trading
5 1 (16.67%) C#
5 1 (16.67%) Validation
5 1 (16.67%) Foreign Exchange (FX)
5 1 (16.67%) SQL

Fixed Income
Top Related IT Skills in Scotland by Category

For the 6 months to 13 February 2016, IT contractor jobs across the Scotland 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 (50.00%) Relational Database
General
1 6 (100.00%) Banking
1 6 (100.00%) Investment Banking
2 5 (83.33%) Finance
3 4 (66.67%) Legal
4 3 (50.00%) Front Office
Job Titles
1 4 (66.67%) Developer
2 3 (50.00%) C++ Developer
3 1 (16.67%) .NET Developer
3 1 (16.67%) .NET Software Developer
3 1 (16.67%) Analyst
3 1 (16.67%) Banking Analyst
3 1 (16.67%) Banking Business Analyst
3 1 (16.67%) Business Analyst
3 1 (16.67%) C# .NET Developer
3 1 (16.67%) C# Developer
3 1 (16.67%) C# Software Developer
3 1 (16.67%) C# WPF Developer
3 1 (16.67%) Fixed Income Business Analyst
3 1 (16.67%) Programme Manager
3 1 (16.67%) Software Developer
3 1 (16.67%) SQL Analyst
3 1 (16.67%) WPF Developer
Libraries, Frameworks & Software Standards
1 3 (50.00%) Boost C++ Libraries
2 1 (16.67%) .NET
2 1 (16.67%) WPF
Miscellaneous
1 6 (100.00%) Derivative
2 5 (83.33%) Equity Derivative
3 4 (66.67%) Equities
4 1 (16.67%) Contract for Difference
4 1 (16.67%) Foreign Exchange (FX)
4 1 (16.67%) Pricing Data
4 1 (16.67%) Reference Data
4 1 (16.67%) User Experience
4 1 (16.67%) Visualisation
Operating Systems
1 3 (50.00%) Linux
Processes & Methodologies
1 4 (66.67%) Market Making
2 3 (50.00%) Use Case
3 1 (16.67%) Agile Software Development
3 1 (16.67%) Algorithmic Trading
3 1 (16.67%) Analytics
3 1 (16.67%) Business Analysis
3 1 (16.67%) Data Analytics
3 1 (16.67%) High Availability
3 1 (16.67%) Investment Management
3 1 (16.67%) Straight-Through Processing
3 1 (16.67%) Unit Testing
3 1 (16.67%) Validation
3 1 (16.67%) Wealth Management
Programming Languages
1 4 (66.67%) Java
2 3 (50.00%) C++
2 3 (50.00%) Perl
3 1 (16.67%) C#
3 1 (16.67%) SQL
Vendors
1 3 (50.00%) Sybase