Period
to 15 August 2018

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for FIX Protocol skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited FIX Protocol over the 6 months to 15 August 2018 with a comparison to the same period in 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.

Financial Information eXchange (FIX) Protocol
Central London > City of London
6 months to
15 Aug 2018
Same period 2017 Same period 2016
Rank 171 153 189
Rank change year-on-year -18 +36 +5
Contract jobs citing FIX Protocol 91 89 44
As % of all contract IT jobs advertised in the City of London 1.30% 1.36% 0.65%
As % of the Libraries, Frameworks & Software Standards category 3.30% 3.58% 1.86%
Number of daily rates quoted 84 68 43
City of London median daily rate £650 £550 £550
Median daily rate % change year-on-year +18.18% - +1.38%
10th Percentile £506 £413 £365
90th Percentile £809 £675 £685
Central London median daily rate £650 £550 £550
% change year-on-year +18.18% - -
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

FIX Protocol is in the Software Libraries and Frameworks category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for technical specification, industry standards, software libraries and framework skills.

All Software Libraries and Frameworks
City of London
Contract vacancies with a requirement for technical specification, industry standards, software libraries and framework skills 2,757 2,489 2,364
As % of all contract IT jobs advertised in the City of London 39.48% 37.94% 34.81%
Number of daily rates quoted 2,248 1,998 1,998
City of London median daily rate £525 £500 £475
Median daily rate % change year-on-year +5.00% +5.26% +2.70%
10th Percentile £370 £359 £319
90th Percentile £675 £650 £638
Central London median daily rate £525 £500 £450
% change year-on-year +5.00% +11.11% -
Number of hourly rates quoted 11 11 6
City of London median hourly rate £22.00 £24.49 £21.00
Median hourly rate % change year-on-year -10.15% +16.60% -13.33%
10th Percentile £21.00 £20.75 £17.08
90th Percentile £62.50 £29.62 £49.29
Central London median hourly rate £27.00 £24.36 £21.00
% change year-on-year +10.84% +16.00% -34.61%

FIX Protocol
Job Vacancy Trend in the City of London

Job postings citing FIX Protocol as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for FIX Protocol in the City of London

FIX Protocol
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing FIX Protocol in the City of London.

Contractor daily rate trend for FIX Protocol in the City of London

FIX Protocol
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing FIX Protocol in the City of London over the 6 months to 15 August 2018.

Contractor daily rate histogram for FIX Protocol in the City of London

FIX Protocol
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing FIX Protocol in the City of London.

Contractor hourly rate trend for FIX Protocol in the City of London

For the 6 months to 15 August 2018, IT contractor jobs citing FIX Protocol 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 City of London region with a requirement for FIX Protocol.

1 67 (73.63%) Java
2 41 (45.05%) Finance
2 41 (45.05%) Low Latency
3 36 (39.56%) Java 8
4 32 (35.16%) Electronic Trading
5 29 (31.87%) Multithreading
5 29 (31.87%) Banking
6 26 (28.57%) Front Office
7 22 (24.18%) Foreign Exchange (FX)
8 20 (21.98%) Equities
8 20 (21.98%) Concurrent Programming
9 19 (20.88%) Linux
10 18 (19.78%) Agile Software Development
11 16 (17.58%) SQL
12 15 (16.48%) Fixed Income
12 15 (16.48%) Derivative
13 14 (15.38%) Unix
14 13 (14.29%) Sybase
14 13 (14.29%) TDD
15 12 (13.19%) Investment Banking
15 12 (13.19%) KDB
16 11 (12.09%) Algorithmic Trading
16 11 (12.09%) JMS
16 11 (12.09%) TIBCO
17 10 (10.99%) SQL Server
17 10 (10.99%) ION Trading
17 10 (10.99%) ION MarketView
17 10 (10.99%) Deployment Automation
18 9 (9.89%) Integration Testing
18 9 (9.89%) Red Hat Enterprise Linux

FIX Protocol
Co-occurring IT Skills in the City of 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 7 (7.69%) JBoss
1 7 (7.69%) WebLogic
2 6 (6.59%) MQSeries
3 4 (4.40%) Elasticsearch
3 4 (4.40%) WebSphere
4 2 (2.20%) Tomcat
Applications
1 2 (2.20%) Microsoft Excel
Business Applications
1 10 (10.99%) ION MarketView
2 3 (3.30%) thinkFolio
3 2 (2.20%) Eagle PACE
Cloud Services
1 1 (1.10%) Amazon AWS
1 1 (1.10%) Microsoft Azure
Communications & Networking
1 2 (2.20%) BIG-IP
1 2 (2.20%) FIX Connectivity
Database & Business Intelligence
1 12 (13.19%) KDB
2 10 (10.99%) SQL Server
3 9 (9.89%) MongoDB
4 4 (4.40%) Relational Database
5 3 (3.30%) MySQL
6 2 (2.20%) BusinessObjects
6 2 (2.20%) Oracle Database
6 2 (2.20%) Oracle Database 10g
6 2 (2.20%) Oracle Database 11g
7 1 (1.10%) Blockchain
7 1 (1.10%) Data Warehouse
7 1 (1.10%) DB2
7 1 (1.10%) Kdb+
Development Applications
1 3 (3.30%) Git (software)
1 3 (3.30%) Jenkins
1 3 (3.30%) JIRA
1 3 (3.30%) Maven
2 2 (2.20%) Cucumber
2 2 (2.20%) Selenium
2 2 (2.20%) SoapUI
3 1 (1.10%) Moq
3 1 (1.10%) NUnit
3 1 (1.10%) Robot Framework
General
1 41 (45.05%) Finance
2 29 (31.87%) Banking
3 26 (28.57%) Front Office
4 12 (13.19%) Investment Banking
5 6 (6.59%) Back Office
6 4 (4.40%) Legal
7 3 (3.30%) Advertising
Job Titles
1 56 (61.54%) Developer
2 51 (56.04%) Java Developer
3 19 (20.88%) Electronic Trading Developer
3 19 (20.88%) Electronic Trading Java Developer
4 15 (16.48%) Analyst
5 10 (10.99%) Senior Developer
6 9 (9.89%) Senior Java Developer
7 7 (7.69%) Business Analyst
7 7 (7.69%) Front Office Developer
7 7 (7.69%) Low Latency Java Developer
8 6 (6.59%) Project Manager
9 4 (4.40%) Core Java Developer
10 3 (3.30%) Applications Support
10 3 (3.30%) Data Analyst
10 3 (3.30%) Finance Systems Analyst
10 3 (3.30%) Financial Analyst
10 3 (3.30%) Software Analyst
10 3 (3.30%) Systems Analyst
11 2 (2.20%) Applications Support Analyst
11 2 (2.20%) C++ Developer
Libraries, Frameworks & Software Standards
1 11 (12.09%) JMS
2 9 (9.89%) Spring
2 9 (9.89%) TIBCO EMS
3 8 (8.79%) XML
4 7 (7.69%) Java EE
4 7 (7.69%) REST
5 6 (6.59%) Hibernate
5 6 (6.59%) J2EE
5 6 (6.59%) JSON
5 6 (6.59%) Web Services
6 5 (5.49%) HTML
6 5 (5.49%) Middleware
7 4 (4.40%) SOAP
8 2 (2.20%) Akka
8 2 (2.20%) Apache CXF
8 2 (2.20%) Java Concurrency
8 2 (2.20%) JTA
8 2 (2.20%) JTS
8 2 (2.20%) RabbitMQ
8 2 (2.20%) Ultra Messaging
Miscellaneous
1 22 (24.18%) Foreign Exchange (FX)
2 20 (21.98%) Equities
3 15 (16.48%) Derivative
3 15 (16.48%) Fixed Income
4 8 (8.79%) Fintech
5 4 (4.40%) Equity Derivative
6 3 (3.30%) Analytical Skills
6 3 (3.30%) Computer Science
6 3 (3.30%) OTC Derivatives
6 3 (3.30%) Self-Motivation
6 3 (3.30%) SWIFT
7 2 (2.20%) Algorithms
7 2 (2.20%) Credit Derivative
7 2 (2.20%) Data Centre
7 2 (2.20%) Interest Rate Derivative
7 2 (2.20%) Reference Data
8 1 (1.10%) Data Structures
8 1 (1.10%) Hedge funds
8 1 (1.10%) VWAP
Operating Systems
1 19 (20.88%) Linux
2 14 (15.38%) Unix
3 9 (9.89%) Red Hat Enterprise Linux
Processes & Methodologies
1 41 (45.05%) Low Latency
2 32 (35.16%) Electronic Trading
3 29 (31.87%) Multithreading
4 20 (21.98%) Concurrent Programming
5 18 (19.78%) Agile Software Development
6 13 (14.29%) TDD
7 11 (12.09%) Algorithmic Trading
8 10 (10.99%) Deployment Automation
9 9 (9.89%) Integration Testing
10 8 (8.79%) Multithreaded Programming
10 8 (8.79%) OO
11 7 (7.69%) E-Commerce
12 6 (6.59%) Data Modelling
12 6 (6.59%) Performance Optimisation
13 5 (5.49%) Investment Management
13 5 (5.49%) OOD
13 5 (5.49%) Problem-Solving
13 5 (5.49%) Test Automation
13 5 (5.49%) Workflow
14 4 (4.40%) Stakeholder Management
Programming Languages
1 67 (73.63%) Java
2 36 (39.56%) Java 8
3 16 (17.58%) SQL
4 4 (4.40%) ANSI SQL
4 4 (4.40%) C++
4 4 (4.40%) Shell Script
5 3 (3.30%) Python
6 2 (2.20%) C
6 2 (2.20%) JavaScript
6 2 (2.20%) Scala
6 2 (2.20%) VBScript
7 1 (1.10%) C#
7 1 (1.10%) T-SQL
Qualifications
1 2 (2.20%) Computer Science Degree
1 2 (2.20%) Degree
Quality Assurance & Compliance
1 5 (5.49%) QA
2 4 (4.40%) MiFID
System Software
1 4 (4.40%) Docker
Systems Management
1 2 (2.20%) Ansible
1 2 (2.20%) Control-M
1 2 (2.20%) HP ALM
1 2 (2.20%) HP Quality Center
1 2 (2.20%) ITRS Geneos
2 1 (1.10%) Kubernetes
Vendors
1 13 (14.29%) Sybase
2 11 (12.09%) TIBCO
3 10 (10.99%) ION Trading
4 7 (7.69%) Charles River
5 5 (5.49%) Oracle
6 2 (2.20%) Citrix
6 2 (2.20%) F5
6 2 (2.20%) HP
6 2 (2.20%) Microsoft
6 2 (2.20%) Solace
6 2 (2.20%) Vermilion
7 1 (1.10%) Bloomberg
7 1 (1.10%) Currenex
7 1 (1.10%) Informatica
7 1 (1.10%) Typemock