Period
to 25 January 2020

The table below looks at the prevalence of the term Fixed Income in contract job vacancies advertised in Central London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Fixed Income over the 6 months to 25 January 2020 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Fixed Income
London > Central London
6 months to
25 Jan 2020
Same period 2019 Same period 2018
Rank 160 134 111
Rank change year-on-year -26 -23 -6
Contract jobs citing Fixed Income 61 180 206
As % of all contract IT jobs advertised in Central London 0.99% 2.01% 2.34%
As % of the Miscellaneous category 2.96% 5.29% 5.91%
Number of daily rates quoted 49 131 164
Central London median daily rate £700 £625 £625
Median daily rate % change year-on-year +12.00% - -
10th Percentile £405 £488 £357
90th Percentile £803 £800 £750
London median daily rate £650 £625 £600
% change year-on-year +4.00% +4.17% -3.23%
Number of hourly rates quoted 0 0 0
Central London median hourly rate - - -
London median hourly rate - - -

Fixed Income is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Central London with a requirement for generic IT skills.

All Generic IT Skills
Central London
Contract vacancies with a requirement for generic IT skills 2,062 3,403 3,484
As % of all contract IT jobs advertised in Central London 33.31% 38.03% 39.64%
Number of daily rates quoted 1,522 2,499 2,694
Central London median daily rate £510 £525 £525
Median daily rate % change year-on-year -2.86% - +10.53%
10th Percentile £294 £300 £313
90th Percentile £688 £700 £713
London median daily rate £513 £525 £500
% change year-on-year -2.38% +5.00% +5.26%
Number of hourly rates quoted 36 57 44
Central London median hourly rate £22.03 £18.70 £22.26
Median hourly rate % change year-on-year +17.81% -15.98% +17.14%
10th Percentile £12.21 £13.19 £12.92
90th Percentile £52.25 £34.64 £38.13
London median hourly rate £23.91 £23.32 £22.50
% change year-on-year +2.55% +3.62% +5.31%

Fixed Income
Job Vacancy Trend in Central London

Job postings citing Fixed Income as a percentage of all IT jobs advertised in Central London.

Job vacancy trend for Fixed Income in Central London

Fixed Income
Contractor Daily Rate Trend in Central London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Fixed Income in Central London.

Contractor daily rate trend for Fixed Income in Central London

Fixed Income
Contractor Daily Rate Histogram in Central London

The daily rate distribution of IT jobs citing Fixed Income in Central London over the 6 months to 25 January 2020.

Contractor daily rate histogram for Fixed Income in Central London

Fixed Income
Contractor Hourly Rate Trend in Central London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Fixed Income in Central London.

Contractor hourly rate trend for Fixed Income in Central London

Fixed Income
Contract Job Locations in Central London

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 Central London region over the 6 months to 25 January 2020. 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
Job
Vacancies
City of London -43 53 £700 +9.80% 31
City of Westminster - 2 £900 -
Fixed Income
London

For the 6 months to 25 January 2020, IT contractor jobs citing Fixed Income also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Central London region with a requirement for Fixed Income.

1 37 (60.66%) Finance
2 23 (37.70%) Java
2 23 (37.70%) Banking
3 21 (34.43%) Equities
4 20 (32.79%) Agile Software Development
5 18 (29.51%) Front Office
6 16 (26.23%) Asset Management
7 14 (22.95%) Software Engineering
7 14 (22.95%) SQL
8 13 (21.31%) Derivative
8 13 (21.31%) Electronic Trading
9 11 (18.03%) Investment Banking
10 10 (16.39%) C#
10 10 (16.39%) Foreign Exchange (FX)
10 10 (16.39%) Critical Thinking
11 9 (14.75%) Problem-Solving
11 9 (14.75%) Project Management
11 9 (14.75%) FIX Protocol
11 9 (14.75%) Mathematics
11 9 (14.75%) Azure
11 9 (14.75%) Fintech
12 8 (13.11%) Actionable Insight
12 8 (13.11%) Analytical Skills
12 8 (13.11%) Open Source
12 8 (13.11%) Financial Modelling
12 8 (13.11%) TDD
12 8 (13.11%) Unit Testing
13 7 (11.48%) Business Analysis
13 7 (11.48%) JIRA
13 7 (11.48%) Financial Institution

Fixed Income
Co-occurring IT Skills in Central London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 3 (4.92%) Apache Spark
1 3 (4.92%) Confluence
2 2 (3.28%) Jupyter
Applications
1 1 (1.64%) Microsoft Excel
1 1 (1.64%) Microsoft Office
1 1 (1.64%) MS Visio
1 1 (1.64%) Spreadsheet
Business Applications
1 2 (3.28%) ION MarketView
2 1 (1.64%) Bloomberg AIM
2 1 (1.64%) Bloomberg TOMS
2 1 (1.64%) FINCAD Analytics
2 1 (1.64%) Minerva
2 1 (1.64%) thinkFolio
Cloud Services
1 9 (14.75%) Azure
2 6 (9.84%) AWS
3 3 (4.92%) Amazon S3
4 2 (3.28%) Amazon ECS
4 2 (3.28%) Amazon EMR
5 1 (1.64%) Amazon SQS
5 1 (1.64%) AWS Lambda
5 1 (1.64%) AWS Step Functions
5 1 (1.64%) Serverless
Communications & Networking
1 2 (3.28%) Multicast
Database & Business Intelligence
1 7 (11.48%) SQL Server
2 5 (8.20%) Amazon Redshift
2 5 (8.20%) Data Warehouse
3 3 (4.92%) Amazon Athena
3 3 (4.92%) Amazon Aurora
3 3 (4.92%) Amazon RDS
3 3 (4.92%) Azure SQL Data Warehouse
3 3 (4.92%) Azure SQL Database
3 3 (4.92%) Hadoop
3 3 (4.92%) MongoDB
4 2 (3.28%) Big Data
4 2 (3.28%) NoSQL
4 2 (3.28%) PostgreSQL
4 2 (3.28%) Tick Data
5 1 (1.64%) Apache Cassandra
5 1 (1.64%) CouchDB
5 1 (1.64%) KDB
5 1 (1.64%) MS Access
5 1 (1.64%) Presto
5 1 (1.64%) Redis
Development Applications
1 7 (11.48%) JIRA
2 2 (3.28%) Git (software)
2 2 (3.28%) Octopus Deploy
2 2 (3.28%) Team Foundation Server
3 1 (1.64%) Cucumber
3 1 (1.64%) Jasmine
3 1 (1.64%) Jenkins
3 1 (1.64%) JUnit
3 1 (1.64%) Karma Test Runner
3 1 (1.64%) Maven
3 1 (1.64%) NUnit
3 1 (1.64%) Selenium
3 1 (1.64%) SpecFlow
3 1 (1.64%) TeamCity
3 1 (1.64%) WebDriver
General
1 37 (60.66%) Finance
2 23 (37.70%) Banking
3 18 (29.51%) Front Office
4 11 (18.03%) Investment Banking
5 7 (11.48%) Financial Institution
6 6 (9.84%) Retail
7 3 (4.92%) Back Office
8 2 (3.28%) Legal
Job Titles
1 22 (36.07%) Developer
2 16 (26.23%) Analyst
3 12 (19.67%) Business Analyst
4 9 (14.75%) Java Developer
4 9 (14.75%) Senior Developer
5 8 (13.11%) Java Engineer
6 5 (8.20%) C# Developer
7 4 (6.56%) Quantitative Developer
7 4 (6.56%) React Developer
7 4 (6.56%) Senior Java Developer
7 4 (6.56%) UI Developer
8 3 (4.92%) Data Business Analyst
8 3 (4.92%) Data Warehouse Analyst
8 3 (4.92%) Data Warehouse Business Analyst
8 3 (4.92%) QA Tester
8 3 (4.92%) Senior React Developer
8 3 (4.92%) Senior UI Developer
8 3 (4.92%) Software Engineer
8 3 (4.92%) Tester
9 2 (3.28%) Test Analyst
Libraries, Frameworks & Software Standards
1 9 (14.75%) FIX Protocol
2 7 (11.48%) .NET
3 4 (6.56%) AngularJS
3 4 (6.56%) React
4 3 (4.92%) Kafka
4 3 (4.92%) NumPy
4 3 (4.92%) Redux
4 3 (4.92%) SciPy
4 3 (4.92%) Web Services
5 2 (3.28%) ASP.NET
5 2 (3.28%) D3.js
5 2 (3.28%) Node.js
5 2 (3.28%) Pandas
5 2 (3.28%) WCF
5 2 (3.28%) WPF
5 2 (3.28%) XML
6 1 (1.64%) .NET Core
6 1 (1.64%) ASP.NET Web API
6 1 (1.64%) Esper
6 1 (1.64%) Pyramid
Miscellaneous
1 21 (34.43%) Equities
2 13 (21.31%) Derivative
3 10 (16.39%) Foreign Exchange (FX)
4 8 (13.11%) Analytical Skills
5 5 (8.20%) Greenfield Project
6 4 (6.56%) Cloud Native
7 3 (4.92%) Algorithms
7 3 (4.92%) Hedge funds
8 2 (3.28%) Data Structures
8 2 (3.28%) Management Information System
8 2 (3.28%) Self-Motivation
9 1 (1.64%) Enterprise Software
9 1 (1.64%) Interest Rate Derivative
9 1 (1.64%) iPad
9 1 (1.64%) OTC Derivatives
9 1 (1.64%) Pricing Data
9 1 (1.64%) SWIFT
Operating Systems
1 6 (9.84%) Linux
2 4 (6.56%) Windows
3 1 (1.64%) Unix
3 1 (1.64%) Windows 10
Processes & Methodologies
1 20 (32.79%) Agile Software Development
2 16 (26.23%) Asset Management
3 14 (22.95%) Software Engineering
4 13 (21.31%) Electronic Trading
5 10 (16.39%) Critical Thinking
6 9 (14.75%) Fintech
6 9 (14.75%) Mathematics
6 9 (14.75%) Problem-Solving
6 9 (14.75%) Project Management
7 8 (13.11%) Actionable Insight
7 8 (13.11%) Financial Modelling
7 8 (13.11%) Open Source
7 8 (13.11%) TDD
7 8 (13.11%) Unit Testing
8 7 (11.48%) Business Analysis
9 6 (9.84%) Computer Science
9 6 (9.84%) ETL
10 5 (8.20%) Data Modelling
10 5 (8.20%) OO
10 5 (8.20%) Refactoring
Programming Languages
1 23 (37.70%) Java
2 14 (22.95%) SQL
3 10 (16.39%) C#
4 7 (11.48%) Python
5 4 (6.56%) JavaScript
5 4 (6.56%) R
6 2 (3.28%) C
6 2 (3.28%) C++
6 2 (3.28%) F#
6 2 (3.28%) Java 8
6 2 (3.28%) VBA
Qualifications
1 3 (4.92%) Degree
2 1 (1.64%) ISEB
2 1 (1.64%) ITIL Certification
2 1 (1.64%) Numerate Degree
Quality Assurance & Compliance
1 3 (4.92%) QA
2 1 (1.64%) EMIR
2 1 (1.64%) MiFID
2 1 (1.64%) PMO
System Software
1 3 (4.92%) Docker
Systems Management
1 3 (4.92%) Kubernetes
2 2 (3.28%) Terraform
Vendors
1 5 (8.20%) Bloomberg
1 5 (8.20%) Microsoft
2 4 (6.56%) ION Trading
2 4 (6.56%) Oracle
3 1 (1.64%) Atlassian
3 1 (1.64%) Charles River
3 1 (1.64%) FactSet
3 1 (1.64%) Fidessa
3 1 (1.64%) MarketAxess
3 1 (1.64%) Murex
3 1 (1.64%) Tableau
3 1 (1.64%) Tradeweb