Period
to 16 June 2021

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 16 June 2021 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
16 Jun 2021
Same period 2020 Same period 2019
Rank 142 122 211
Rank change year-on-year -20 +89 -53
Contract jobs citing FIX Protocol 13 19 24
As % of all contract jobs advertised in the City of London 0.44% 0.67% 0.38%
As % of the Libraries, Frameworks & Software Standards category 1.29% 2.02% 1.02%
Number of daily rates quoted 11 17 17
10th Percentile " £495 £430
25th Percentile £340 £563 £500
Median daily rate (50th Percentile) £550 £650 £650
Median % change year-on-year -15.38% - -0.95%
75th Percentile £738 £750 £725
90th Percentile £775 £770 £800
Central London median daily rate £550 £650 £638
% change year-on-year -15.38% +1.96% -1.92%

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 1,004 942 2,358
As % of all contract IT jobs advertised in the City of London 33.70% 33.10% 36.84%
Number of daily rates quoted 762 737 1,906
10th Percentile £392 £380 £413
25th Percentile £463 £450 £463
Median daily rate (50th Percentile) £575 £525 £525
Median % change year-on-year +9.52% - -
75th Percentile £638 £625 £600
90th Percentile £719 £688 £675
Central London median daily rate £563 £525 £525
% change year-on-year +7.14% - +2.44%
Number of hourly rates quoted 5 5 9
10th Percentile £15.50 £27.20 £19.85
25th Percentile £16.25 £32.75 £32.50
Median hourly rate £20.00 £46.50 £41.75
Median % change year-on-year -56.99% +11.39% +91.93%
75th Percentile £25.75 £57.50 £49.13
90th Percentile £32.95 £59.75 £56.50
Central London median hourly rate £20.00 £46.50 £43.16
% change year-on-year -56.99% +7.75% +98.41%

FIX Protocol
Job Vacancy Trend in the City of London

Job postings citing FIX Protocol as a proportion 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

3-month moving average daily rate quoted in jobs citing FIX Protocol in the City of London.

Daily rate trend for FIX Protocol in the City of London

FIX Protocol
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing FIX Protocol in the City of London over the 6 months to 16 June 2021.

Daily rate histogram for FIX Protocol in the City of London

FIX Protocol
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing FIX Protocol in the City of London.

Hourly rate trend for FIX Protocol in the City of London

For the 6 months to 16 June 2021, 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 6 (46.15%) Foreign Exchange (FX)
1 6 (46.15%) Front Office
1 6 (46.15%) Java
2 5 (38.46%) Windows
2 5 (38.46%) Linux
2 5 (38.46%) Client/Server
2 5 (38.46%) Citrix
2 5 (38.46%) Red Hat
2 5 (38.46%) Reuters
2 5 (38.46%) Bloomberg
2 5 (38.46%) Firewall
2 5 (38.46%) Software Packaging
2 5 (38.46%) Red Hat Enterprise Linux
2 5 (38.46%) Software Distribution
2 5 (38.46%) Eikon
2 5 (38.46%) SDLC
2 5 (38.46%) Windows Server
2 5 (38.46%) Refinitiv
2 5 (38.46%) Refinitiv Enterprise Platform
3 4 (30.77%) Multithreading
4 3 (23.08%) Equities
4 3 (23.08%) Agile Software Development
4 3 (23.08%) TDD
4 3 (23.08%) Finance
4 3 (23.08%) Social Skills
4 3 (23.08%) Low Latency
4 3 (23.08%) Analytical Skills
5 2 (15.38%) Fixed Income
5 2 (15.38%) Risk Management
5 2 (15.38%) OO

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:

Business Applications
1 5 (38.46%) Eikon
1 5 (38.46%) Refinitiv Enterprise Platform
Cloud Services
1 1 (7.69%) Amazon ECS
1 1 (7.69%) Amazon ElastiCache
1 1 (7.69%) Amazon Kinesis
1 1 (7.69%) AWS
1 1 (7.69%) AWS CloudFormation
Communications & Networking
1 5 (38.46%) Firewall
2 1 (7.69%) FIX Connectivity
Database & Business Intelligence
1 1 (7.69%) PostgreSQL
1 1 (7.69%) RDBMS
1 1 (7.69%) Relational Database
Development Applications
1 1 (7.69%) Eclipse
1 1 (7.69%) Git (software)
1 1 (7.69%) Gradle
1 1 (7.69%) IntelliJ
1 1 (7.69%) JBehave
1 1 (7.69%) Jenkins
1 1 (7.69%) Maven
General
1 6 (46.15%) Front Office
2 3 (23.08%) Analytical Skills
2 3 (23.08%) Finance
2 3 (23.08%) Social Skills
3 2 (15.38%) Banking
3 2 (15.38%) Investment Banking
4 1 (7.69%) Financial Institution
Job Titles
1 7 (53.85%) Developer
2 5 (38.46%) Data Engineer
2 5 (38.46%) Java Developer
2 5 (38.46%) Market Data Engineer
2 5 (38.46%) Market Data Support Engineer
2 5 (38.46%) Support Engineer
3 3 (23.08%) Front Office Developer
4 1 (7.69%) Analyst
4 1 (7.69%) Business Analyst
4 1 (7.69%) C++ Developer
4 1 (7.69%) Full Stack Developer
4 1 (7.69%) Java Scala Developer
4 1 (7.69%) Low Latency Java Developer
4 1 (7.69%) Scala Developer
4 1 (7.69%) Senior Developer
4 1 (7.69%) Senior Full Stack Developer
Libraries, Frameworks & Software Standards
1 5 (38.46%) Software Packaging
2 2 (15.38%) Kafka
2 2 (15.38%) Spring
3 1 (7.69%) AngularJS
3 1 (7.69%) HTML
3 1 (7.69%) HTML5
3 1 (7.69%) Lambda Expressions
3 1 (7.69%) REST
3 1 (7.69%) Spring Boot
Miscellaneous
1 6 (46.15%) Foreign Exchange (FX)
2 5 (38.46%) Client/Server
3 3 (23.08%) Equities
4 2 (15.38%) Derivative
4 2 (15.38%) Fixed Income
5 1 (7.69%) Algorithms
5 1 (7.69%) Clustering
5 1 (7.69%) Enterprise Software
5 1 (7.69%) Greenfield Project
5 1 (7.69%) TWAP
5 1 (7.69%) VWAP
Operating Systems
1 5 (38.46%) Linux
1 5 (38.46%) Red Hat Enterprise Linux
1 5 (38.46%) Windows
1 5 (38.46%) Windows Server
Processes & Methodologies
1 5 (38.46%) SDLC
1 5 (38.46%) Software Distribution
2 4 (30.77%) Multithreading
3 3 (23.08%) Agile Software Development
3 3 (23.08%) Low Latency
3 3 (23.08%) TDD
4 2 (15.38%) Asset Management
4 2 (15.38%) Electronic Trading
4 2 (15.38%) OO
4 2 (15.38%) Risk Management
5 1 (7.69%) Computational Finance
5 1 (7.69%) Creative Thinking
5 1 (7.69%) Data Modelling
5 1 (7.69%) E-business
5 1 (7.69%) High Availability
5 1 (7.69%) Multithreaded Programming
5 1 (7.69%) Problem-Solving
5 1 (7.69%) Project Management
5 1 (7.69%) Quantitative Trading
5 1 (7.69%) Root Cause Analysis
Programming Languages
1 6 (46.15%) Java
2 1 (7.69%) C++
2 1 (7.69%) JavaScript
2 1 (7.69%) Scala
2 1 (7.69%) SQL
Qualifications
1 2 (15.38%) Degree
Quality Assurance & Compliance
1 1 (7.69%) QA
Vendors
1 5 (38.46%) Bloomberg
1 5 (38.46%) Citrix
1 5 (38.46%) Red Hat
1 5 (38.46%) Refinitiv
1 5 (38.46%) Reuters
2 1 (7.69%) Oracle