Period
to 18 January 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 18 January 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
18 Jan 2018
Same period 2017 Same period 2016
Rank 115 184 174
Rank change year-on-year +69 -10 +38
Contract jobs citing FIX Protocol 145 50 71
As % of all contract IT jobs advertised in the City of London 2.05% 0.80% 1.00%
As % of the Libraries, Frameworks & Software Standards category 5.41% 2.22% 3.17%
Number of daily rates quoted 136 45 60
City of London median daily rate £675 £585 £550
Median daily rate % change year-on-year +15.38% +6.36% -8.33%
10th Percentile £451 £418 £383
90th Percentile £838 £690 £650
Central London median daily rate £650 £575 £550
% change year-on-year +13.04% +4.55% -8.33%
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 2,681 2,254 2,243
As % of all contract IT jobs advertised in the City of London 37.94% 36.13% 31.46%
Number of daily rates quoted 2,285 1,898 1,864
City of London median daily rate £513 £475 £475
Median daily rate % change year-on-year +7.89% - +5.56%
10th Percentile £363 £327 £313
90th Percentile £663 £650 £638
Central London median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% +3.45%
Number of hourly rates quoted 6 2 11
City of London median hourly rate £27.55 £52.12 £40.00
Median hourly rate % change year-on-year -47.15% +30.31% +61.62%
10th Percentile £21.00 £45.66 £20.00
90th Percentile £57.88 £56.68 £60.00
Central London median hourly rate £27.09 £52.12 £40.00
% change year-on-year -48.03% +30.31% +61.62%

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 18 January 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 18 January 2018, IT contractor jobs citing FIX Protocol also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for FIX Protocol.

1 88 (60.69%) Java
2 67 (46.21%) Foreign Exchange (FX)
2 67 (46.21%) Electronic Trading
3 66 (45.52%) Finance
4 61 (42.07%) Banking
5 58 (40.00%) Low Latency
6 50 (34.48%) Linux
7 42 (28.97%) Equities
8 41 (28.28%) Front Office
9 34 (23.45%) Sybase
9 34 (23.45%) Multithreading
10 29 (20.00%) TIBCO
11 25 (17.24%) Unix
11 25 (17.24%) ION Trading
11 25 (17.24%) TIBCO EMS
12 24 (16.55%) Investment Banking
12 24 (16.55%) SQL
13 23 (15.86%) KDB
13 23 (15.86%) Integration Testing
13 23 (15.86%) ION MarketView
14 22 (15.17%) Red Hat Enterprise Linux
15 21 (14.48%) Concurrent Programming
16 20 (13.79%) C++
17 19 (13.10%) Client Onboarding
17 19 (13.10%) Java Concurrency
18 18 (12.41%) Derivative
18 18 (12.41%) Agile Software Development
19 15 (10.34%) Fixed Income
19 15 (10.34%) FIX Connectivity
20 14 (9.66%) MiFID

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 6 (4.14%) MQSeries
2 3 (2.07%) IIS
2 3 (2.07%) Tomcat
3 1 (0.69%) Elasticsearch
Business Applications
1 23 (15.86%) ION MarketView
2 1 (0.69%) MetaTrader
2 1 (0.69%) RMDS
2 1 (0.69%) thinkFolio
Cloud Services
1 1 (0.69%) GitHub
Communications & Networking
1 15 (10.34%) FIX Connectivity
2 5 (3.45%) TCP/IP
3 2 (1.38%) Firewall
4 1 (0.69%) HTTP
4 1 (0.69%) LAN
4 1 (0.69%) SSL
4 1 (0.69%) WAN
Database & Business Intelligence
1 23 (15.86%) KDB
2 9 (6.21%) SQL Server
3 7 (4.83%) MySQL
4 5 (3.45%) Relational Database
5 2 (1.38%) Blockchain
5 2 (1.38%) MariaDB
5 2 (1.38%) RDBMS
6 1 (0.69%) DB2
6 1 (0.69%) Oracle Database
6 1 (0.69%) Sybase ASE
Development Applications
1 4 (2.76%) Git (software)
1 4 (2.76%) Maven
1 4 (2.76%) Subversion
1 4 (2.76%) TeamCity
2 3 (2.07%) JIRA
2 3 (2.07%) Moq
2 3 (2.07%) NUnit
2 3 (2.07%) Sonatype Nexus
3 2 (1.38%) GDB
4 1 (0.69%) CodeRush
4 1 (0.69%) Jenkins
4 1 (0.69%) Mockito
4 1 (0.69%) ReSharper
4 1 (0.69%) Visual Studio
General
1 66 (45.52%) Finance
2 61 (42.07%) Banking
3 41 (28.28%) Front Office
4 24 (16.55%) Investment Banking
5 4 (2.76%) Financial Institution
6 3 (2.07%) Legal
7 1 (0.69%) Back Office
7 1 (0.69%) Retail
Job Titles
1 89 (61.38%) Developer
2 64 (44.14%) Java Developer
3 33 (22.76%) Electronic Trading Developer
4 31 (21.38%) Senior Developer
5 30 (20.69%) Electronic Trading Java Developer
6 25 (17.24%) Senior Java Developer
7 18 (12.41%) Analyst
8 11 (7.59%) C++ Developer
8 11 (7.59%) Low Latency Java Developer
8 11 (7.59%) Support Analyst
9 10 (6.90%) C# Developer
10 9 (6.21%) Applications Support
11 8 (5.52%) Applications Support Analyst
12 7 (4.83%) FIX Specialist
12 7 (4.83%) Low Latency C++ Developer
13 6 (4.14%) Front Office Developer
14 5 (3.45%) Senior Data Warehouse Specialist
14 5 (3.45%) Senior Technical Specialist
14 5 (3.45%) Senior Unix Technical Specialist
14 5 (3.45%) Technical Specialist
Libraries, Frameworks & Software Standards
1 25 (17.24%) TIBCO EMS
2 19 (13.10%) Java Concurrency
3 10 (6.90%) .NET
4 9 (6.21%) JMS
5 5 (3.45%) XML
6 4 (2.76%) J2EE
6 4 (2.76%) Spring
6 4 (2.76%) Ultra Messaging
7 3 (2.07%) MAPI
8 2 (1.38%) FpML
8 2 (1.38%) Hibernate
8 2 (1.38%) RabbitMQ
8 2 (1.38%) Rendezvous
8 2 (1.38%) SOAP
9 1 (0.69%) Apache Camel
9 1 (0.69%) QuickFIX
9 1 (0.69%) Reactive Extensions
9 1 (0.69%) REST
9 1 (0.69%) Task Parallel Library
9 1 (0.69%) ZeroMQ
Miscellaneous
1 67 (46.21%) Foreign Exchange (FX)
2 42 (28.97%) Equities
3 18 (12.41%) Derivative
4 15 (10.34%) Fixed Income
5 13 (8.97%) Analytical Skills
6 5 (3.45%) Algorithms
7 3 (2.07%) Data Structures
7 3 (2.07%) Equity Derivative
7 3 (2.07%) Fintech
8 2 (1.38%) Computer Science
8 2 (1.38%) Data Centre
8 2 (1.38%) Hedge funds
9 1 (0.69%) Credit Derivative
9 1 (0.69%) Greenfield Project
Operating Systems
1 50 (34.48%) Linux
2 25 (17.24%) Unix
3 22 (15.17%) Red Hat Enterprise Linux
4 4 (2.76%) Windows
5 3 (2.07%) Solaris
Processes & Methodologies
1 67 (46.21%) Electronic Trading
2 58 (40.00%) Low Latency
3 34 (23.45%) Multithreading
4 23 (15.86%) Integration Testing
5 21 (14.48%) Concurrent Programming
6 19 (13.10%) Client Onboarding
7 18 (12.41%) Agile Software Development
8 14 (9.66%) Algorithmic Trading
8 14 (9.66%) TDD
9 13 (8.97%) Multithreaded Programming
10 10 (6.90%) Asset Management
11 9 (6.21%) E-Commerce
11 9 (6.21%) Requirements Analysis
12 7 (4.83%) High-Frequency Trading
12 7 (4.83%) Investment Management
13 6 (4.14%) Performance Tuning
13 6 (4.14%) Test Automation
14 5 (3.45%) OO
14 5 (3.45%) Translating Business Requirements
15 4 (2.76%) ITIL
Programming Languages
1 88 (60.69%) Java
2 24 (16.55%) SQL
3 20 (13.79%) C++
4 12 (8.28%) C#
5 8 (5.52%) Python
6 7 (4.83%) Perl
7 6 (4.14%) Shell Script
7 6 (4.14%) T-SQL
8 3 (2.07%) Bash Shell
8 3 (2.07%) Tcl
9 2 (1.38%) C
10 1 (0.69%) JavaScript
10 1 (0.69%) Ruby
10 1 (0.69%) Scala
Qualifications
1 6 (4.14%) Degree
2 1 (0.69%) Computer Science Degree
2 1 (0.69%) PRINCE2 Certification
Quality Assurance & Compliance
1 14 (9.66%) MiFID
2 3 (2.07%) QA
3 2 (1.38%) SLA
Systems Management
1 1 (0.69%) ITRS Geneos
1 1 (0.69%) MOM
Vendors
1 34 (23.45%) Sybase
2 29 (20.00%) TIBCO
3 25 (17.24%) ION Trading
4 10 (6.90%) Fidessa
4 10 (6.90%) Oracle
5 9 (6.21%) Charles River
6 6 (4.14%) Microsoft
7 5 (3.45%) Currenex
8 3 (2.07%) Bloomberg
8 3 (2.07%) ServiceNow
8 3 (2.07%) Typemock
9 1 (0.69%) FXall
9 1 (0.69%) Reuters