Period
to 1 December 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 1 December 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
1 Dec 2021
Same period 2020 Same period 2019
Rank 157 106 184
Rank change year-on-year -51 +78 +12
Contract jobs citing FIX Protocol 23 13 42
As % of all contract jobs advertised in the City of London 0.57% 0.66% 0.74%
As % of the Libraries, Frameworks & Software Standards category 1.77% 2.16% 2.12%
Number of daily rates quoted 19 12 34
10th Percentile £470 £600 £475
25th Percentile £600 £609 £500
Median daily rate (50th Percentile) £675 £675 £638
Median % change year-on-year - +5.88% +2.00%
75th Percentile £815 £750 £700
90th Percentile £925 £761 £750
Central London median daily rate £669 £650 £625
% change year-on-year +2.88% +4.00% -

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 1,303 602 1,985
As % of all contract IT jobs advertised in the City of London 32.28% 30.62% 35.03%
Number of daily rates quoted 1,017 479 1,638
10th Percentile £413 £363 £400
25th Percentile £478 £425 £463
Median daily rate (50th Percentile) £575 £550 £538
Median % change year-on-year +4.55% +2.33% +2.38%
75th Percentile £675 £625 £613
90th Percentile £750 £688 £688
Central London median daily rate £575 £550 £525
% change year-on-year +4.55% +4.76% -
Number of hourly rates quoted 7 2 3
10th Percentile £17.95 £36.88 £26.70
25th Percentile £28.13 £37.06 £34.88
Median hourly rate £36.50 £38.25 £52.00
Median % change year-on-year -4.58% -26.44% +251.35%
75th Percentile £52.75 £39.56 £60.25
90th Percentile £68.65 £39.83 £63.10
Central London median hourly rate £35.75 £38.25 £52.00
% change year-on-year -6.54% -26.44% +251.35%

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 1 December 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 1 December 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 15 (65.22%) SQL
2 14 (60.87%) Banking
3 13 (56.52%) Finance
4 9 (39.13%) Fixed Income
4 9 (39.13%) Java
4 9 (39.13%) Investment Banking
5 8 (34.78%) Software Engineering
5 8 (34.78%) Analytical Skills
5 8 (34.78%) Oracle
5 8 (34.78%) Front Office
5 8 (34.78%) Social Skills
6 7 (30.43%) Linux
6 7 (30.43%) Python
6 7 (30.43%) Low Latency
7 6 (26.09%) Electronic Trading
7 6 (26.09%) Perl
7 6 (26.09%) Agile Software Development
7 6 (26.09%) Problem-Solving
8 5 (21.74%) Equities
8 5 (21.74%) C++
8 5 (21.74%) Windows
8 5 (21.74%) XML
8 5 (21.74%) QA
8 5 (21.74%) JIRA
9 4 (17.39%) Computer Science
9 4 (17.39%) Multithreading
9 4 (17.39%) SunGard Martini
9 4 (17.39%) Derivative
9 4 (17.39%) International Banking
9 4 (17.39%) Analytics

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 1 (4.35%) Confluence
1 1 (4.35%) Oracle Workflow
Applications
1 2 (8.70%) Microsoft Excel
2 1 (4.35%) Microsoft PowerPoint
2 1 (4.35%) MS Visio
2 1 (4.35%) Spreadsheet
Business Applications
1 4 (17.39%) SunGard Martini
2 1 (4.35%) RMDS
Cloud Services
1 3 (13.04%) AWS
1 3 (13.04%) Azure
1 3 (13.04%) Serverless
2 1 (4.35%) Microsoft 365
2 1 (4.35%) Snowflake
Communications & Networking
1 4 (17.39%) TCP/IP
2 3 (13.04%) LAN
3 2 (8.70%) FIX Connectivity
4 1 (4.35%) Multicast
Database & Business Intelligence
1 4 (17.39%) SQL Server
2 3 (13.04%) Oracle Database
2 3 (13.04%) Relational Database
3 1 (4.35%) KDB
Development Applications
1 5 (21.74%) JIRA
2 2 (8.70%) Team Foundation Server
3 1 (4.35%) Ranorex
3 1 (4.35%) TeamCity
General
1 14 (60.87%) Banking
2 13 (56.52%) Finance
3 9 (39.13%) Investment Banking
4 8 (34.78%) Analytical Skills
4 8 (34.78%) Front Office
4 8 (34.78%) Social Skills
5 4 (17.39%) Back Office
5 4 (17.39%) International Banking
6 1 (4.35%) Inclusion and Diversity
6 1 (4.35%) Retail Banking
Job Titles
1 8 (34.78%) Developer
2 5 (21.74%) Analyst
3 4 (17.39%) Java Developer
4 3 (13.04%) Architect
4 3 (13.04%) Business Analyst
4 3 (13.04%) C++ Developer
4 3 (13.04%) Electronic Trading Developer
4 3 (13.04%) Electronic Trading Java Developer
4 3 (13.04%) Java Pricing Developer
4 3 (13.04%) Pricing Developer
5 2 (8.70%) IT Analyst
5 2 (8.70%) Software Engineer
5 2 (8.70%) Solutions Architect
5 2 (8.70%) Support Analyst
6 1 (4.35%) Applications Support
6 1 (4.35%) C# Developer
6 1 (4.35%) IT Support Analyst
6 1 (4.35%) Senior Business Analyst
6 1 (4.35%) Technical Architect
6 1 (4.35%) Test Analyst
Libraries, Frameworks & Software Standards
1 5 (21.74%) XML
2 3 (13.04%) .NET
2 3 (13.04%) HTML
2 3 (13.04%) HTML5
2 3 (13.04%) XML Messaging
3 2 (8.70%) RabbitMQ
3 2 (8.70%) Spring
4 1 (4.35%) JSON
4 1 (4.35%) Middleware
4 1 (4.35%) OAuth
4 1 (4.35%) Rendezvous
4 1 (4.35%) Swagger
Miscellaneous
1 9 (39.13%) Fixed Income
2 5 (21.74%) Equities
3 4 (17.39%) Derivative
4 3 (13.04%) DTCC
5 2 (8.70%) Foreign Exchange (FX)
5 2 (8.70%) Management Information System
5 2 (8.70%) Reference Data
6 1 (4.35%) Algorithms
6 1 (4.35%) Enterprise Software
6 1 (4.35%) Greenfield Project
6 1 (4.35%) Hedge funds
6 1 (4.35%) Virtual Team
6 1 (4.35%) Wiki
Operating Systems
1 7 (30.43%) Linux
2 5 (21.74%) Windows
3 3 (13.04%) Unix
Processes & Methodologies
1 8 (34.78%) Software Engineering
2 7 (30.43%) Low Latency
3 6 (26.09%) Agile Software Development
3 6 (26.09%) Electronic Trading
3 6 (26.09%) Problem-Solving
4 4 (17.39%) Analytics
4 4 (17.39%) Computer Science
4 4 (17.39%) DevOps
4 4 (17.39%) Multithreading
5 3 (13.04%) Code Optimisation
5 3 (13.04%) Enterprise Architecture
5 3 (13.04%) Information Security
5 3 (13.04%) Infrastructure Management
5 3 (13.04%) Migration
5 3 (13.04%) Network Architecture
5 3 (13.04%) Security Architecture
5 3 (13.04%) Stakeholder Management
5 3 (13.04%) User Acceptance Testing
5 3 (13.04%) Workflow
6 2 (8.70%) Risk Management
Programming Languages
1 15 (65.22%) SQL
2 9 (39.13%) Java
3 7 (30.43%) Python
4 6 (26.09%) Perl
5 5 (21.74%) C++
6 4 (17.39%) C#
7 3 (13.04%) Shell Script
8 1 (4.35%) Apex Code
8 1 (4.35%) Bash Shell
8 1 (4.35%) VB.NET
Qualifications
1 2 (8.70%) Degree
2 1 (4.35%) Computer Science Degree
Quality Assurance & Compliance
1 5 (21.74%) QA
2 2 (8.70%) MiFID
3 1 (4.35%) Data Quality
3 1 (4.35%) Dodd-Frank
3 1 (4.35%) EMIR
System Software
1 3 (13.04%) Docker
Systems Management
1 3 (13.04%) Kubernetes
2 1 (4.35%) ITRS Geneos
Vendors
1 8 (34.78%) Oracle
2 4 (17.39%) SunGard
3 2 (8.70%) Sybase
4 1 (4.35%) Atlassian
4 1 (4.35%) Cadence
4 1 (4.35%) IBM
4 1 (4.35%) Microsoft
4 1 (4.35%) Sun
4 1 (4.35%) TIBCO