Fixed Income Contracts

Fixed Income
UK

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

6 months to
6 May 2024
Same period 2023 Same period 2022
Rank 228 310 314
Rank change year-on-year +82 +4 -28
Contract jobs citing Fixed Income 450 517 783
As % of all contract jobs advertised in the UK 1.04% 0.88% 0.88%
As % of the Miscellaneous category 3.42% 2.63% 2.67%
Number of daily rates quoted 430 440 664
10th Percentile £550 £525 £538
25th Percentile £650 £583 £600
Median daily rate (50th Percentile) £750 £725 £700
Median % change year-on-year +3.45% +3.57% +7.69%
75th Percentile £865 £850 £800
90th Percentile £900 £932 £888
UK excluding London median daily rate - £625 £368
% change year-on-year - +70.07% -36.09%
Number of hourly rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £82.75
Median hourly rate - - £83.50
75th Percentile - - £84.25
90th Percentile - - -
UK excluding London median hourly rate - - -

All Generic Skills
UK

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 with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 13,166 19,644 29,368
As % of all contract IT jobs advertised in the UK 30.34% 33.26% 33.10%
Number of daily rates quoted 8,481 13,496 20,500
10th Percentile £263 £309 £313
25th Percentile £413 £450 £438
Median daily rate (50th Percentile) £538 £550 £550
Median % change year-on-year -2.18% - +10.00%
75th Percentile £660 £676 £658
90th Percentile £800 £800 £763
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +11.76%
Number of hourly rates quoted 905 642 721
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.17 £10.63 £17.00
Median hourly rate £30.12 £22.49 £27.50
Median % change year-on-year +33.96% -18.24% +4.47%
75th Percentile £61.30 £64.44 £50.00
90th Percentile £70.00 £75.00 £66.00
UK excluding London median hourly rate £28.25 £22.00 £20.13
% change year-on-year +28.41% +9.29% -16.13%

Fixed Income
Job Vacancy Trend

Job postings citing Fixed Income as a proportion of all IT jobs advertised.

Job vacancy trend for Fixed Income in the UK

Fixed Income
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Fixed Income.

Daily rate trend for Fixed Income in the UK

Fixed Income
Daily Rate Histogram

Daily rate distribution for jobs citing Fixed Income over the 6 months to 6 May 2024.

Daily rate histogram for Fixed Income in the UK

Fixed Income
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Fixed Income.

Hourly rate trend for Fixed Income in the UK

Fixed Income
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Fixed Income within the UK over the 6 months to 6 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
England +63 449 £750 +3.45% 131
London +51 449 £750 +3.45% 126
Work from Home +105 205 £800 +10.34% 39

Fixed Income
Co-occurring Skills and Capabilities 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
1 153 (34.00%) Apache Airflow
2 145 (32.22%) Apache
3 15 (3.33%) Confluence
4 7 (1.56%) SAS
5 3 (0.67%) Microsoft Exchange
Applications
1 27 (6.00%) Microsoft Excel
2 19 (4.22%) Microsoft PowerPoint
3 11 (2.44%) MS Visio
4 6 (1.33%) Microsoft Office
5 4 (0.89%) Microsoft Project
6 1 (0.22%) Spreadsheet
Business Applications
1 16 (3.56%) ION MarketView
2 15 (3.33%) ION Anvil
3 13 (2.89%) Aladdin
4 6 (1.33%) Loan IQ
5 3 (0.67%) IntelliMatch
6 2 (0.44%) Markit EDM
6 2 (0.44%) Orchestrade
6 2 (0.44%) RMDS
6 2 (0.44%) thinkFolio
7 1 (0.22%) Actimize
Cloud Services
1 249 (55.33%) AWS
2 179 (39.78%) GCP
3 114 (25.33%) Azure
4 89 (19.78%) dbt
5 71 (15.78%) Snowflake
6 7 (1.56%) npm
7 4 (0.89%) Amazon EC2
7 4 (0.89%) Amazon S3
8 2 (0.44%) Yarn
9 1 (0.22%) Serverless
Communications & Networking
1 13 (2.89%) FIX Connectivity
2 1 (0.22%) TCP/IP
Database & Business Intelligence
1 144 (32.00%) Apache Ignite
2 89 (19.78%) Amazon Athena
2 89 (19.78%) Apache Arrow
2 89 (19.78%) Dremio
3 71 (15.78%) Data Lake
4 57 (12.67%) PostgreSQL
5 25 (5.56%) Relational Database
6 22 (4.89%) KDB
7 9 (2.00%) SQL Server
8 5 (1.11%) NoSQL
9 4 (0.89%) MongoDB
9 4 (0.89%) Oracle Reports
10 3 (0.67%) Data Mart
11 2 (0.44%) Hazelcast
12 1 (0.22%) MySQL
Development Applications
1 40 (8.89%) Cypress.io
2 34 (7.56%) JIRA
3 23 (5.11%) TeamCity
4 19 (4.22%) Git
5 8 (1.78%) git-flow
5 8 (1.78%) Jenkins
6 7 (1.56%) webpack
7 6 (1.33%) Visual Studio
8 4 (0.89%) Bitbucket
8 4 (0.89%) JUnit
8 4 (0.89%) Mockito
8 4 (0.89%) Octopus Deploy
9 2 (0.44%) Babel
9 2 (0.44%) Cucumber
9 2 (0.44%) Gradle
9 2 (0.44%) IntelliJ
9 2 (0.44%) Moq
9 2 (0.44%) NUnit
9 2 (0.44%) Selenium
9 2 (0.44%) Visual Studio Code
General
1 339 (75.33%) Finance
2 326 (72.44%) Front Office
3 246 (54.67%) Banking
4 158 (35.11%) Investment Banking
5 55 (12.22%) Social Skills
6 38 (8.44%) Analytical Skills
7 16 (3.56%) Financial Institution
8 7 (1.56%) Back Office
8 7 (1.56%) Marketing
9 4 (0.89%) Public Sector
10 2 (0.44%) General Ledger
10 2 (0.44%) Retail
11 1 (0.22%) Corporate Banking
11 1 (0.22%) Organisational Skills
11 1 (0.22%) Prime Brokerage
11 1 (0.22%) Synthetic Prime Brokerage
Job Titles
1 269 (59.78%) Developer
2 151 (33.56%) Software Engineer
3 130 (28.89%) Developer/Software Engineer
4 102 (22.67%) Python Developer
5 92 (20.44%) Python Engineer
5 92 (20.44%) Python Software Engineer
6 83 (18.44%) React Developer
7 65 (14.44%) Senior
8 60 (13.33%) Finance Manager
9 58 (12.89%) Java Developer
10 57 (12.67%) Analyst
10 57 (12.67%) Business Analyst
11 53 (11.78%) Lead
12 41 (9.11%) Full Stack Developer
13 36 (8.00%) Full Stack Engineer
13 36 (8.00%) Full Stack Software Engineer
14 35 (7.78%) Electronic Trading Developer
14 35 (7.78%) Quantitative Developer
15 34 (7.56%) .NET Developer
16 32 (7.11%) C# Developer
Libraries, Frameworks & Software Standards
1 158 (35.11%) React
2 152 (33.78%) gRPC
2 152 (33.78%) Protocol Buffers
3 112 (24.89%) Redux
4 93 (20.67%) Pandas
5 86 (19.11%) NumPy
5 86 (19.11%) SciPy
6 77 (17.11%) Material-UI
7 47 (10.44%) .NET
8 44 (9.78%) FIX Protocol
9 34 (7.56%) AngularJS
10 29 (6.44%) Node.js
11 26 (5.78%) .NET Core
12 25 (5.56%) CSS
13 21 (4.67%) Vue
13 21 (4.67%) WPF
14 18 (4.00%) ASP.NET
14 18 (4.00%) WebSockets
15 17 (3.78%) HTML
16 14 (3.11%) XML
Miscellaneous
1 220 (48.89%) Derivative
2 219 (48.67%) Equities
3 214 (47.56%) Hedge funds
4 180 (40.00%) Foreign Exchange (FX)
5 36 (8.00%) Product Ownership
6 22 (4.89%) Algorithms
7 18 (4.00%) Greenfield Project
8 16 (3.56%) Enterprise Software
9 12 (2.67%) Data Structures
10 8 (1.78%) Credit Derivative
11 6 (1.33%) Distributed Computing
11 6 (1.33%) Distributed Systems
11 6 (1.33%) Pricing Data
12 5 (1.11%) Wiki
13 4 (0.89%) Equity Derivative
13 4 (0.89%) Onboarding
13 4 (0.89%) Public Cloud
13 4 (0.89%) Virtual Team
14 2 (0.44%) Legacy Applications
14 2 (0.44%) Self-Motivation
Operating Systems
1 33 (7.33%) Unix
2 26 (5.78%) Linux
3 10 (2.22%) Windows
4 4 (0.89%) Apple iOS
Processes & Methodologies
1 289 (64.22%) Agile
2 247 (54.89%) Asset Management
3 225 (50.00%) Software Engineering
4 214 (47.56%) Investment Management
5 97 (21.56%) Full Stack Development
6 91 (20.22%) Electronic Trading
7 82 (18.22%) Artificial Intelligence
7 82 (18.22%) Machine Learning
8 61 (13.56%) Analytics
9 58 (12.89%) Fintech
10 57 (12.67%) Automated Trading
11 54 (12.00%) TDD
12 43 (9.56%) DevOps
13 40 (8.89%) Line Management
14 29 (6.44%) Computer Science
14 29 (6.44%) Front End Development
15 28 (6.22%) CI/CD
15 28 (6.22%) User Experience
16 26 (5.78%) Greeks
16 26 (5.78%) Roadmaps
Programming Languages
1 234 (52.00%) Python
2 208 (46.22%) TypeScript
3 180 (40.00%) Java
4 168 (37.33%) JavaScript
5 94 (20.89%) SQL
6 87 (19.33%) C#
7 18 (4.00%) R
8 12 (2.67%) C++
9 9 (2.00%) Kotlin
9 9 (2.00%) Scala
10 7 (1.56%) VBA
11 6 (1.33%) Ruby
11 6 (1.33%) Shell Script
12 4 (0.89%) Perl
13 2 (0.44%) PowerShell
13 2 (0.44%) T-SQL
Qualifications
1 42 (9.33%) Degree
2 13 (2.89%) Computer Science Degree
3 12 (2.67%) Numerate Degree
4 5 (1.11%) Master's Degree
5 4 (0.89%) APMP
6 2 (0.44%) CIMA
7 1 (0.22%) ISEB
Quality Assurance & Compliance
1 41 (9.11%) QA
2 25 (5.56%) Data Quality
3 12 (2.67%) MiFID
4 8 (1.78%) EMIR
5 7 (1.56%) Dodd-Frank
6 6 (1.33%) PMO
7 2 (0.44%) GAAP
System Software
1 8 (1.78%) Docker
Systems Management
1 6 (1.33%) Kubernetes
2 2 (0.44%) Control-M
3 1 (0.22%) HP ALM
3 1 (0.22%) ITRS Geneos
Vendors
1 55 (12.22%) Google
2 42 (9.33%) Bloomberg
3 41 (9.11%) ION Trading
4 12 (2.67%) BISAM
4 12 (2.67%) MarketAxess
4 12 (2.67%) Tradeweb
5 10 (2.22%) Oracle
6 7 (1.56%) Microsoft
7 5 (1.11%) Murex
8 4 (0.89%) Solace
9 2 (0.44%) Charles River
9 2 (0.44%) ServiceNow
9 2 (0.44%) TIBCO
10 1 (0.22%) HP
10 1 (0.22%) SimCorp