Period
to 23 January 2020

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 23 January 2020 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
23 Jan 2020
Same period 2019 Same period 2018
Rank 140 103 88
Rank change year-on-year -37 -15 +3
Contract jobs citing Fixed Income 56 174 202
As % of all contract IT jobs advertised in the City of London 1.13% 2.55% 2.83%
As % of the Miscellaneous category 3.44% 6.45% 6.87%
Number of daily rates quoted 43 130 161
City of London median daily rate £675 £638 £625
Median daily rate % change year-on-year +5.88% +2.00% -
10th Percentile £364 £492 £355
90th Percentile £750 £800 £750
Central London median daily rate £700 £625 £625
% change year-on-year +12.00% - -
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 1,626 2,697 2,940
As % of all contract IT jobs advertised in the City of London 32.87% 39.49% 41.23%
Number of daily rates quoted 1,233 2,038 2,314
City of London median daily rate £525 £525 £525
10th Percentile £276 £281 £319
90th Percentile £700 £700 £725
Central London median daily rate £510 £525 £525
% change year-on-year -2.86% - +10.53%
Number of hourly rates quoted 32 52 41
City of London median hourly rate £21.00 £18.70 £22.50
Median hourly rate % change year-on-year +12.30% -16.89% +18.42%
10th Percentile £12.04 £13.03 £12.75
90th Percentile £52.25 £36.68 £38.50
Central London median hourly rate £22.03 £18.70 £22.26
% change year-on-year +17.81% -15.98% +18.87%

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 23 January 2020.

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 23 January 2020, 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 38 (67.86%) Finance
2 25 (44.64%) Banking
3 22 (39.29%) Equities
4 21 (37.50%) Java
5 17 (30.36%) Front Office
5 17 (30.36%) Agile Software Development
6 14 (25.00%) SQL
7 13 (23.21%) Foreign Exchange (FX)
7 13 (23.21%) Investment Banking
7 13 (23.21%) Electronic Trading
8 12 (21.43%) Derivative
9 10 (17.86%) C#
9 10 (17.86%) Asset Management
9 10 (17.86%) Critical Thinking
10 9 (16.07%) Software Engineering
10 9 (16.07%) FIX Protocol
10 9 (16.07%) Fintech
11 8 (14.29%) Actionable Insight
11 8 (14.29%) Analytical Skills
11 8 (14.29%) Financial Modelling
11 8 (14.29%) JIRA
11 8 (14.29%) Project Management
12 7 (12.50%) Financial Institution
12 7 (12.50%) Mathematics
12 7 (12.50%) Business Analysis
12 7 (12.50%) Azure
13 6 (10.71%) Computer Science
13 6 (10.71%) TDD
13 6 (10.71%) Retail
13 6 (10.71%) .NET

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 4 (7.14%) Confluence
2 1 (1.79%) Apache Spark
2 1 (1.79%) IBM HTTP Server
Applications
1 2 (3.57%) Microsoft Excel
1 2 (3.57%) MS Visio
2 1 (1.79%) Microsoft Office
2 1 (1.79%) Microsoft PowerPoint
2 1 (1.79%) Spreadsheet
Business Applications
1 2 (3.57%) ION MarketView
2 1 (1.79%) Bloomberg AIM
2 1 (1.79%) Bloomberg TOMS
2 1 (1.79%) FINCAD Analytics
2 1 (1.79%) Minerva
2 1 (1.79%) thinkFolio
Cloud Services
1 7 (12.50%) Azure
2 2 (3.57%) AWS
3 1 (1.79%) Amazon S3
3 1 (1.79%) Amazon SQS
3 1 (1.79%) AWS Lambda
3 1 (1.79%) AWS Step Functions
3 1 (1.79%) Serverless
Communications & Networking
1 2 (3.57%) Multicast
Database & Business Intelligence
1 5 (8.93%) SQL Server
2 3 (5.36%) Azure SQL Data Warehouse
2 3 (5.36%) Azure SQL Database
2 3 (5.36%) Data Warehouse
3 2 (3.57%) NoSQL
4 1 (1.79%) Amazon Athena
4 1 (1.79%) Amazon Aurora
4 1 (1.79%) Amazon RDS
4 1 (1.79%) Amazon Redshift
4 1 (1.79%) Apache Cassandra
4 1 (1.79%) CouchDB
4 1 (1.79%) Hadoop
4 1 (1.79%) KDB
4 1 (1.79%) MongoDB
4 1 (1.79%) MS Access
4 1 (1.79%) Presto
4 1 (1.79%) Redis
Development Applications
1 8 (14.29%) JIRA
2 2 (3.57%) Git (software)
2 2 (3.57%) Octopus Deploy
2 2 (3.57%) Team Foundation Server
3 1 (1.79%) Cucumber
3 1 (1.79%) Jasmine
3 1 (1.79%) Jenkins
3 1 (1.79%) JUnit
3 1 (1.79%) Karma Test Runner
3 1 (1.79%) Maven
3 1 (1.79%) NUnit
3 1 (1.79%) Selenium
3 1 (1.79%) SpecFlow
3 1 (1.79%) TeamCity
3 1 (1.79%) WebDriver
General
1 38 (67.86%) Finance
2 25 (44.64%) Banking
3 17 (30.36%) Front Office
4 13 (23.21%) Investment Banking
5 7 (12.50%) Financial Institution
6 6 (10.71%) Retail
7 3 (5.36%) Back Office
8 2 (3.57%) Legal
9 1 (1.79%) International Banking
Job Titles
1 19 (33.93%) Developer
2 16 (28.57%) Analyst
3 12 (21.43%) Business Analyst
4 9 (16.07%) Java Developer
5 7 (12.50%) Java Engineer
6 6 (10.71%) Senior Developer
7 5 (8.93%) C# Developer
8 4 (7.14%) Quantitative Developer
8 4 (7.14%) Senior Java Developer
9 3 (5.36%) Data Business Analyst
9 3 (5.36%) Data Warehouse Analyst
9 3 (5.36%) Data Warehouse Business Analyst
9 3 (5.36%) Fixed Income Business Analyst
9 3 (5.36%) QA Tester
9 3 (5.36%) Tester
10 2 (3.57%) C# Quant Developer
10 2 (3.57%) Electronic Trading Developer
10 2 (3.57%) Electronic Trading Java Developer
10 2 (3.57%) F# Developer
10 2 (3.57%) IT Analyst
Libraries, Frameworks & Software Standards
1 9 (16.07%) FIX Protocol
2 6 (10.71%) .NET
3 3 (5.36%) AngularJS
3 3 (5.36%) React
4 2 (3.57%) ASP.NET
4 2 (3.57%) WCF
4 2 (3.57%) WPF
4 2 (3.57%) XML
5 1 (1.79%) .NET Core
5 1 (1.79%) .NET Framework
5 1 (1.79%) ASP.NET Web API
5 1 (1.79%) CSS
5 1 (1.79%) Enzyme
5 1 (1.79%) Esper
5 1 (1.79%) HTML
5 1 (1.79%) Jest
5 1 (1.79%) JNI
5 1 (1.79%) Pyramid
5 1 (1.79%) Redux
5 1 (1.79%) Web Services
Miscellaneous
1 22 (39.29%) Equities
2 13 (23.21%) Foreign Exchange (FX)
3 12 (21.43%) Derivative
4 8 (14.29%) Analytical Skills
5 3 (5.36%) Greenfield Project
6 2 (3.57%) Management Information System
6 2 (3.57%) Self-Motivation
7 1 (1.79%) Algorithms
7 1 (1.79%) Enterprise Software
7 1 (1.79%) Hedge funds
7 1 (1.79%) Interest Rate Derivative
7 1 (1.79%) iPad
7 1 (1.79%) OTC Derivatives
7 1 (1.79%) SWIFT
Operating Systems
1 4 (7.14%) Linux
1 4 (7.14%) Windows
2 1 (1.79%) Unix
2 1 (1.79%) Windows 10
Processes & Methodologies
1 17 (30.36%) Agile Software Development
2 13 (23.21%) Electronic Trading
3 10 (17.86%) Asset Management
3 10 (17.86%) Critical Thinking
4 9 (16.07%) Fintech
4 9 (16.07%) Software Engineering
5 8 (14.29%) Actionable Insight
5 8 (14.29%) Financial Modelling
5 8 (14.29%) Project Management
6 7 (12.50%) Business Analysis
6 7 (12.50%) Mathematics
7 6 (10.71%) Computer Science
7 6 (10.71%) Problem-Solving
7 6 (10.71%) TDD
8 5 (8.93%) Low Latency
8 5 (8.93%) Multithreading
8 5 (8.93%) Test Automation
9 4 (7.14%) Concurrent Programming
9 4 (7.14%) ETL
9 4 (7.14%) Investment Management
Programming Languages
1 21 (37.50%) Java
2 14 (25.00%) SQL
3 10 (17.86%) C#
4 5 (8.93%) Python
5 2 (3.57%) C
5 2 (3.57%) C++
5 2 (3.57%) F#
5 2 (3.57%) Java 8
5 2 (3.57%) JavaScript
5 2 (3.57%) R
5 2 (3.57%) VBA
Qualifications
1 4 (7.14%) Degree
2 3 (5.36%) ISEB
3 2 (3.57%) ISTQB
4 1 (1.79%) ITIL Certification
4 1 (1.79%) Numerate Degree
Quality Assurance & Compliance
1 4 (7.14%) QA
2 1 (1.79%) Data Quality
2 1 (1.79%) EMIR
2 1 (1.79%) MiFID
2 1 (1.79%) PMO
System Software
1 1 (1.79%) Docker
Systems Management
1 1 (1.79%) Kubernetes
Vendors
1 5 (8.93%) Bloomberg
2 4 (7.14%) ION Trading
3 3 (5.36%) Microsoft
3 3 (5.36%) Oracle
4 2 (3.57%) Reuters
5 1 (1.79%) Atlassian
5 1 (1.79%) Charles River
5 1 (1.79%) FactSet
5 1 (1.79%) Fidessa
5 1 (1.79%) MarketAxess
5 1 (1.79%) Murex
5 1 (1.79%) Sybase
5 1 (1.79%) Tableau
5 1 (1.79%) Tradeweb