Period
to 18 July 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 18 July 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
18 Jul 2019
Same period 2018 Same period 2017
Rank 174 93 70
Rank change year-on-year -81 -23 +29
Contract jobs citing Fixed Income 64 188 210
As % of all contract IT jobs advertised in the City of London 0.96% 2.65% 3.26%
As % of the Miscellaneous category 2.87% 6.49% 8.23%
Number of daily rates quoted 45 131 162
City of London median daily rate £635 £625 £616
Median daily rate % change year-on-year +1.60% +1.42% +7.17%
10th Percentile £418 £500 £475
90th Percentile £850 £738 £750
Central London median daily rate £635 £625 £620
% change year-on-year +1.60% +0.81% +7.83%
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 2,229 2,897 2,552
As % of all contract IT jobs advertised in the City of London 33.51% 40.91% 39.62%
Number of daily rates quoted 1,636 2,221 1,926
City of London median daily rate £525 £525 £525
10th Percentile £325 £313 £306
90th Percentile £688 £725 £688
Central London median daily rate £525 £520 £500
% change year-on-year +0.96% +4.00% +5.26%
Number of hourly rates quoted 47 52 27
City of London median hourly rate £20.50 £20.63 £19.00
Median hourly rate % change year-on-year -0.61% +8.55% -
10th Percentile £11.25 £13.31 £12.52
90th Percentile £49.98 £46.12 £31.74
Central London median hourly rate £20.75 £20.00 £17.85
% change year-on-year +3.75% +12.06% -6.07%

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 18 July 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 18 July 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 44 (68.75%) Finance
2 25 (39.06%) Equities
3 24 (37.50%) Agile Software Development
4 23 (35.94%) Front Office
5 22 (34.38%) Java
6 17 (26.56%) Banking
7 16 (25.00%) C#
8 15 (23.44%) SQL
8 15 (23.44%) Foreign Exchange (FX)
9 14 (21.88%) Asset Management
10 11 (17.19%) TDD
10 11 (17.19%) SQL Server
11 10 (15.63%) C++
11 10 (15.63%) Derivative
11 10 (15.63%) JIRA
11 10 (15.63%) Electronic Trading
11 10 (15.63%) Problem-Solving
12 8 (12.50%) Multithreading
12 8 (12.50%) Test Automation
13 7 (10.94%) Continuous Integration
13 7 (10.94%) FIX Protocol
13 7 (10.94%) Investment Banking
13 7 (10.94%) Hedge funds
13 7 (10.94%) Financial Institution
13 7 (10.94%) JavaScript
13 7 (10.94%) OO
13 7 (10.94%) Microsoft
14 6 (9.38%) .NET
14 6 (9.38%) Retail
14 6 (9.38%) AngularJS

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 3 (4.69%) Confluence
2 1 (1.56%) Apache
2 1 (1.56%) CMS
2 1 (1.56%) Elasticsearch
2 1 (1.56%) JBoss
2 1 (1.56%) nginx
2 1 (1.56%) Sitecore CMS
2 1 (1.56%) WebSphere
Applications
1 3 (4.69%) Microsoft Excel
2 2 (3.13%) Microsoft Office
2 2 (3.13%) Microsoft PowerPoint
3 1 (1.56%) MS Visio
Business Applications
1 2 (3.13%) Markit EDM
Cloud Services
1 3 (4.69%) Amazon AWS
1 3 (4.69%) Microsoft Azure
2 1 (1.56%) Amazon CloudWatch
2 1 (1.56%) Amazon EC2
2 1 (1.56%) Amazon S3
2 1 (1.56%) npm
2 1 (1.56%) Office 365
2 1 (1.56%) PaaS
2 1 (1.56%) Power Platform
2 1 (1.56%) Yarn
Communications & Networking
1 4 (6.25%) LAN
1 4 (6.25%) WAN
2 3 (4.69%) Unified Communications
3 1 (1.56%) AMQP
3 1 (1.56%) Intranet
3 1 (1.56%) TCP/IP
Database & Business Intelligence
1 11 (17.19%) SQL Server
2 4 (6.25%) Relational Database
3 3 (4.69%) Big Data
3 3 (4.69%) Data Warehouse
4 2 (3.13%) NoSQL
4 2 (3.13%) Oracle Database
5 1 (1.56%) Apache Cassandra
5 1 (1.56%) BusinessObjects
5 1 (1.56%) Data Lake
5 1 (1.56%) KDB
5 1 (1.56%) MongoDB
5 1 (1.56%) MySQL
5 1 (1.56%) Power BI
5 1 (1.56%) SQL Server 2012
5 1 (1.56%) SQL Server 2014
5 1 (1.56%) SQL Server 2016
5 1 (1.56%) SQL Server Analysis Services
5 1 (1.56%) SQL Server Integration Services
5 1 (1.56%) SQL Server Reporting Services
Development Applications
1 10 (15.63%) JIRA
2 3 (4.69%) Hudson
3 2 (3.13%) Git (software)
3 2 (3.13%) TeamCity
4 1 (1.56%) Atlassian Bamboo
4 1 (1.56%) FishEye
4 1 (1.56%) Jenkins
4 1 (1.56%) jMock
4 1 (1.56%) JUnit
4 1 (1.56%) Maven
4 1 (1.56%) NUnit
4 1 (1.56%) Octopus Deploy
4 1 (1.56%) SpecFlow
4 1 (1.56%) Subversion
4 1 (1.56%) Team Foundation Server
4 1 (1.56%) webpack
General
1 44 (68.75%) Finance
2 23 (35.94%) Front Office
3 17 (26.56%) Banking
4 7 (10.94%) Financial Institution
4 7 (10.94%) Investment Banking
5 6 (9.38%) Retail
6 2 (3.13%) Back Office
6 2 (3.13%) Legal
7 1 (1.56%) International Banking
7 1 (1.56%) Law
7 1 (1.56%) Marketing
7 1 (1.56%) Prime Brokerage
Job Titles
1 32 (50.00%) Developer
2 19 (29.69%) Analyst
3 14 (21.88%) Java Developer
4 9 (14.06%) Senior Developer
5 6 (9.38%) Business Analyst
5 6 (9.38%) C++ Developer
5 6 (9.38%) C++ Quantitative Developer
5 6 (9.38%) Quantitative Developer
6 5 (7.81%) C# Developer
6 5 (7.81%) Senior Java Developer
6 5 (7.81%) Support Analyst
7 4 (6.25%) Java Pricing Developer
7 4 (6.25%) Pricing Developer
8 3 (4.69%) Asset Management Project Manager
8 3 (4.69%) Electronic Trading Developer
8 3 (4.69%) Electronic Trading Java Developer
8 3 (4.69%) Infrastructure Manager
8 3 (4.69%) Infrastructure Project Manager
8 3 (4.69%) Project Manager
8 3 (4.69%) Senior C# Developer
Libraries, Frameworks & Software Standards
1 7 (10.94%) FIX Protocol
2 6 (9.38%) .NET
2 6 (9.38%) AngularJS
2 6 (9.38%) React
2 6 (9.38%) Spring
2 6 (9.38%) Spring Boot
3 5 (7.81%) CSS
3 5 (7.81%) Hibernate
3 5 (7.81%) Middleware
4 4 (6.25%) XML
5 3 (4.69%) Redux
5 3 (4.69%) WCF
5 3 (4.69%) Web Services
6 2 (3.13%) HTML
6 2 (3.13%) JMS
6 2 (3.13%) Reactive Extensions
6 2 (3.13%) Rendezvous
6 2 (3.13%) REST
6 2 (3.13%) RESTful
6 2 (3.13%) WPF
Miscellaneous
1 25 (39.06%) Equities
2 15 (23.44%) Foreign Exchange (FX)
3 10 (15.63%) Derivative
4 7 (10.94%) Hedge funds
5 6 (9.38%) Analytical Skills
6 4 (6.25%) OTC Derivatives
6 4 (6.25%) Self-Motivation
7 3 (4.69%) Data Protection Act
7 3 (4.69%) Greenfield Project
7 3 (4.69%) PMI
8 2 (3.13%) Management Information System
9 1 (1.56%) Credit Risk
9 1 (1.56%) Enterprise Software
9 1 (1.56%) iPad
9 1 (1.56%) iPhone
9 1 (1.56%) Mobile Computing
9 1 (1.56%) Podcast
9 1 (1.56%) Private Cloud
9 1 (1.56%) Tandem
9 1 (1.56%) User Experience
Operating Systems
1 5 (7.81%) Unix
1 5 (7.81%) Windows
2 4 (6.25%) Linux
3 1 (1.56%) Android
3 1 (1.56%) Solaris
3 1 (1.56%) Windows 10
3 1 (1.56%) Windows 7
Processes & Methodologies
1 24 (37.50%) Agile Software Development
2 14 (21.88%) Asset Management
3 11 (17.19%) TDD
4 10 (15.63%) Electronic Trading
4 10 (15.63%) Problem-Solving
5 8 (12.50%) Multithreading
5 8 (12.50%) Test Automation
6 7 (10.94%) Continuous Integration
6 7 (10.94%) OO
7 6 (9.38%) Investment Management
7 6 (9.38%) SDLC
8 5 (7.81%) Data Protection
8 5 (7.81%) DevOps
8 5 (7.81%) Matrix Organization
8 5 (7.81%) OOD
8 5 (7.81%) Risk Management
8 5 (7.81%) Scaled Agile Framework
9 4 (6.25%) Migration
9 4 (6.25%) Service Management
9 4 (6.25%) Workflow
Programming Languages
1 22 (34.38%) Java
2 16 (25.00%) C#
3 15 (23.44%) SQL
4 10 (15.63%) C++
5 7 (10.94%) JavaScript
6 5 (7.81%) Java 8
6 5 (7.81%) Python
7 4 (6.25%) TypeScript
8 3 (4.69%) Shell Script
8 3 (4.69%) T-SQL
9 2 (3.13%) Bash Shell
9 2 (3.13%) Scala
9 2 (3.13%) VBA
10 1 (1.56%) Bourne shell
10 1 (1.56%) C
10 1 (1.56%) ES6
10 1 (1.56%) Go
10 1 (1.56%) Korn
10 1 (1.56%) PL/SQL
10 1 (1.56%) PowerShell
Qualifications
1 3 (4.69%) Degree
1 3 (4.69%) PMI Certification
2 2 (3.13%) CISSP
3 1 (1.56%) AWS Certification
3 1 (1.56%) Computer Science Degree
3 1 (1.56%) SAFe Agilist
Quality Assurance & Compliance
1 4 (6.25%) QA
2 1 (1.56%) Data Quality
2 1 (1.56%) ISO/IEC 27001
2 1 (1.56%) MiFID
2 1 (1.56%) Sarbanes-Oxley
System Software
1 3 (4.69%) Active Directory
1 3 (4.69%) Virtual Desktop
2 1 (1.56%) Apache ZooKeeper
2 1 (1.56%) Varnish
2 1 (1.56%) VMware Infrastructure
Systems Management
1 1 (1.56%) Ansible
1 1 (1.56%) Automic
1 1 (1.56%) ITRS Geneos
1 1 (1.56%) Puppet
1 1 (1.56%) SCCM
1 1 (1.56%) Symantec Endpoint Protection
Vendors
1 7 (10.94%) Microsoft
2 5 (7.81%) Oracle
3 3 (4.69%) Sybase
4 2 (3.13%) Atlassian
4 2 (3.13%) StreamBase
4 2 (3.13%) TIBCO
4 2 (3.13%) VMware
5 1 (1.56%) BISAM
5 1 (1.56%) Bloomberg
5 1 (1.56%) Cadence
5 1 (1.56%) Charles River
5 1 (1.56%) GoldenSource
5 1 (1.56%) Informatica
5 1 (1.56%) Pega
5 1 (1.56%) Sitecore
5 1 (1.56%) Splunk
5 1 (1.56%) Sun
5 1 (1.56%) Symantec
5 1 (1.56%) Tableau
5 1 (1.56%) Tradeweb