Period
to 19 November 2019

The table below looks at the prevalence of the term Fixed Income in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Fixed Income over the 6 months to 19 November 2019 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
Central London > City of London
6 months to
19 Nov 2019
Same period 2018 Same period 2017
Rank 165 103 72
Rank change year-on-year -62 -31 +25
Contract jobs citing Fixed Income 61 183 232
As % of all contract IT jobs advertised in the City of London 1.04% 2.61% 3.30%
As % of the Miscellaneous category 3.25% 6.57% 7.80%
Number of daily rates quoted 47 134 179
City of London median daily rate £650 £625 £625
Median daily rate % change year-on-year +4.00% - +1.01%
10th Percentile £313 £489 £458
90th Percentile £770 £775 £750
Central London median daily rate £675 £625 £625
% change year-on-year +8.00% - +4.17%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central 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 the City of London with a requirement for generic IT skills.

All Generic IT Skills
City of London
Contract vacancies with a requirement for generic IT skills 1,876 2,786 2,974
As % of all contract IT jobs advertised in the City of London 31.86% 39.74% 42.31%
Number of daily rates quoted 1,430 2,175 2,293
City of London median daily rate £525 £525 £525
10th Percentile £300 £282 £321
90th Percentile £700 £713 £713
Central London median daily rate £520 £525 £525
% change year-on-year -0.95% - +10.53%
Number of hourly rates quoted 27 61 36
City of London median hourly rate £21.00 £19.50 £22.26
Median hourly rate % change year-on-year +7.69% -12.39% +17.14%
10th Percentile £12.76 £13.31 £12.88
90th Percentile £51.65 £37.09 £33.25
Central London median hourly rate £21.00 £19.50 £21.31
% change year-on-year +7.69% -8.50% +13.82%

Fixed Income
Job Vacancy Trend in the City of London

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

Job vacancy trend for Fixed Income in the City of London

Fixed Income
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 Fixed Income in the City of London.

Contractor daily rate trend for Fixed Income in the City of London

Fixed Income
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Fixed Income in the City of London over the 6 months to 19 November 2019.

Contractor daily rate histogram for Fixed Income in the City of London

Fixed Income
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 Fixed Income in the City of London.

Contractor hourly rate trend for Fixed Income in the City of London

For the 6 months to 19 November 2019, 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 City of London region with a requirement for Fixed Income.

1 45 (73.77%) Finance
2 24 (39.34%) Equities
2 24 (39.34%) Banking
3 23 (37.70%) Foreign Exchange (FX)
4 22 (36.07%) Front Office
5 18 (29.51%) Java
5 18 (29.51%) Agile Software Development
6 15 (24.59%) Investment Banking
7 14 (22.95%) SQL
8 12 (19.67%) C#
9 11 (18.03%) Asset Management
9 11 (18.03%) Derivative
9 11 (18.03%) JIRA
10 10 (16.39%) Electronic Trading
10 10 (16.39%) SQL Server
11 8 (13.11%) Financial Institution
11 8 (13.11%) Analytical Skills
11 8 (13.11%) Critical Thinking
12 7 (11.48%) Problem-Solving
12 7 (11.48%) React
12 7 (11.48%) Fintech
12 7 (11.48%) FIX Protocol
12 7 (11.48%) C++
12 7 (11.48%) Python
12 7 (11.48%) Software Engineering
13 6 (9.84%) Retail
13 6 (9.84%) JavaScript
13 6 (9.84%) Project Management
13 6 (9.84%) Mathematics
13 6 (9.84%) Financial Modelling

Fixed Income
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 (9.84%) Confluence
2 1 (1.64%) Apache Spark
2 1 (1.64%) IBM HTTP Server
Applications
1 5 (8.20%) Microsoft Excel
2 3 (4.92%) MS Visio
3 2 (3.28%) Microsoft Office
3 2 (3.28%) Microsoft PowerPoint
4 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 4 (6.56%) Azure
2 2 (3.28%) AWS
3 1 (1.64%) Amazon S3
3 1 (1.64%) Amazon SQS
3 1 (1.64%) AWS Lambda
3 1 (1.64%) AWS Step Functions
3 1 (1.64%) Serverless
Database & Business Intelligence
1 10 (16.39%) SQL Server
2 3 (4.92%) Data Warehouse
3 2 (3.28%) Azure SQL Data Warehouse
3 2 (3.28%) Big Data
3 2 (3.28%) NoSQL
3 2 (3.28%) Relational Database
4 1 (1.64%) Amazon Athena
4 1 (1.64%) Amazon Aurora
4 1 (1.64%) Amazon RDS
4 1 (1.64%) Amazon Redshift
4 1 (1.64%) Apache Cassandra
4 1 (1.64%) CouchDB
4 1 (1.64%) Hadoop
4 1 (1.64%) KDB
4 1 (1.64%) MongoDB
4 1 (1.64%) Presto
4 1 (1.64%) Redis
4 1 (1.64%) SQL Server 2012
4 1 (1.64%) SQL Server 2014
4 1 (1.64%) SQL Server Analysis Services
Development Applications
1 11 (18.03%) JIRA
2 3 (4.92%) TeamCity
3 2 (3.28%) Git (software)
3 2 (3.28%) Octopus Deploy
3 2 (3.28%) Team Foundation Server
4 1 (1.64%) Jasmine
4 1 (1.64%) Jenkins
4 1 (1.64%) Karma Test Runner
4 1 (1.64%) Maven
4 1 (1.64%) NUnit
4 1 (1.64%) SpecFlow
General
1 45 (73.77%) Finance
2 24 (39.34%) Banking
3 22 (36.07%) Front Office
4 15 (24.59%) Investment Banking
5 8 (13.11%) Financial Institution
6 6 (9.84%) Retail
7 3 (4.92%) Back Office
8 2 (3.28%) Legal
9 1 (1.64%) International Banking
Job Titles
1 24 (39.34%) Developer
2 18 (29.51%) Analyst
3 11 (18.03%) Business Analyst
4 9 (14.75%) Java Developer
5 5 (8.20%) C# Developer
5 5 (8.20%) Java Engineer
5 5 (8.20%) Senior Developer
6 4 (6.56%) Fixed Income Business Analyst
6 4 (6.56%) Quantitative Developer
6 4 (6.56%) Support Analyst
7 3 (4.92%) Business IT Analyst
7 3 (4.92%) Full Stack Developer
7 3 (4.92%) IT Analyst
7 3 (4.92%) IT Business Analyst
7 3 (4.92%) QA Tester
7 3 (4.92%) React Developer
7 3 (4.92%) Tester
8 2 (3.28%) Data Business Analyst
8 2 (3.28%) Electronic Trading Developer
8 2 (3.28%) Electronic Trading Java Developer
Libraries, Frameworks & Software Standards
1 7 (11.48%) FIX Protocol
1 7 (11.48%) React
2 5 (8.20%) AngularJS
3 4 (6.56%) .NET
3 4 (6.56%) CSS
3 4 (6.56%) XML
4 3 (4.92%) Redux
5 2 (3.28%) Hibernate
5 2 (3.28%) Reactive Extensions
5 2 (3.28%) Spring
5 2 (3.28%) Spring Boot
5 2 (3.28%) WCF
5 2 (3.28%) WPF
6 1 (1.64%) Backbone.js
6 1 (1.64%) Entity Framework
6 1 (1.64%) HTML5
6 1 (1.64%) Murex MxML
6 1 (1.64%) RabbitMQ
6 1 (1.64%) RESTful
6 1 (1.64%) SciPy
Miscellaneous
1 24 (39.34%) Equities
2 23 (37.70%) Foreign Exchange (FX)
3 11 (18.03%) Derivative
4 8 (13.11%) Analytical Skills
5 4 (6.56%) Greenfield Project
6 3 (4.92%) Hedge funds
6 3 (4.92%) Self-Motivation
7 2 (3.28%) Management Information System
8 1 (1.64%) Algorithms
8 1 (1.64%) Enterprise Software
8 1 (1.64%) Interest Rate Derivative
8 1 (1.64%) iPad
8 1 (1.64%) OTC Derivatives
8 1 (1.64%) User Experience
Operating Systems
1 3 (4.92%) Linux
2 2 (3.28%) Windows
3 1 (1.64%) Unix
3 1 (1.64%) Windows 10
Processes & Methodologies
1 18 (29.51%) Agile Software Development
2 11 (18.03%) Asset Management
3 10 (16.39%) Electronic Trading
4 8 (13.11%) Critical Thinking
5 7 (11.48%) Fintech
5 7 (11.48%) Problem-Solving
5 7 (11.48%) Software Engineering
6 6 (9.84%) Actionable Insight
6 6 (9.84%) Financial Modelling
6 6 (9.84%) Mathematics
6 6 (9.84%) Project Management
7 5 (8.20%) Business Analysis
7 5 (8.20%) Computer Science
7 5 (8.20%) Multithreading
8 4 (6.56%) Data Modelling
8 4 (6.56%) ETL
8 4 (6.56%) Investment Management
8 4 (6.56%) OO
8 4 (6.56%) Risk Management
8 4 (6.56%) Workflow
Programming Languages
1 18 (29.51%) Java
2 14 (22.95%) SQL
3 12 (19.67%) C#
4 7 (11.48%) C++
4 7 (11.48%) Python
5 6 (9.84%) JavaScript
6 4 (6.56%) Java 8
6 4 (6.56%) VBA
7 2 (3.28%) C
7 2 (3.28%) Scala
7 2 (3.28%) TypeScript
8 1 (1.64%) R
Qualifications
1 4 (6.56%) Degree
2 2 (3.28%) ISEB
2 2 (3.28%) ISTQB
3 1 (1.64%) ITIL Certification
3 1 (1.64%) Numerate Degree
Quality Assurance & Compliance
1 5 (8.20%) QA
2 2 (3.28%) Data Quality
3 1 (1.64%) PMO
System Software
1 1 (1.64%) Docker
Systems Management
1 1 (1.64%) Kubernetes
Vendors
1 5 (8.20%) Bloomberg
1 5 (8.20%) Microsoft
1 5 (8.20%) Oracle
2 3 (4.92%) ION Trading
3 2 (3.28%) Reuters
3 2 (3.28%) Sybase
3 2 (3.28%) Tableau
4 1 (1.64%) Atlassian
4 1 (1.64%) Charles River
4 1 (1.64%) FactSet
4 1 (1.64%) Fidessa
4 1 (1.64%) MarketAxess
4 1 (1.64%) Murex
4 1 (1.64%) TIBCO
4 1 (1.64%) Tradeweb