Period
to

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 2 July 2022 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
2 Jul 2022
Same period 2021 Same period 2020
Rank 116 67 71
Rank change year-on-year -49 +4 +111
Contract jobs citing Fixed Income 83 112 70
As % of all contract jobs advertised in the City of London 1.91% 3.50% 2.57%
As % of the Miscellaneous category 5.66% 8.95% 7.85%
Number of daily rates quoted 60 71 50
10th Percentile £602 £525 £550
25th Percentile £700 £566 £575
Median daily rate (50th Percentile) £800 £675 £650
Median % change year-on-year +18.52% +3.85% +4.00%
75th Percentile £888 £766 £784
90th Percentile £913 £825 £850
Central London median daily rate £800 £675 £650
% change year-on-year +18.52% +3.85% +3.17%

Fixed Income is in the General and Transferable 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 Skills
City of London
Contract vacancies with a requirement for generic IT skills 1,466 1,252 892
As % of all contract IT jobs advertised in the City of London 33.80% 39.17% 32.73%
Number of daily rates quoted 1,040 874 635
10th Percentile £400 £375 £308
25th Percentile £492 £463 £414
Median daily rate (50th Percentile) £580 £584 £525
Median % change year-on-year -0.64% +11.14% -
75th Percentile £707 £679 £625
90th Percentile £825 £738 £688
Central London median daily rate £575 £575 £525
% change year-on-year - +9.52% -
Number of hourly rates quoted 27 22 29
10th Percentile £18.50 £8.00 £12.42
25th Percentile £27.25 £12.38 £15.00
Median hourly rate £45.50 £23.25 £32.25
Median % change year-on-year +95.70% -27.91% +59.26%
75th Percentile £54.50 £36.19 £39.25
90th Percentile £63.35 £41.80 £49.50
Central London median hourly rate £45.50 £20.75 £33.50
% change year-on-year +119.28% -38.06% +63.41%

Fixed Income
Job Vacancy Trend in the City of London

Job postings citing Fixed Income as a proportion 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

3-month moving average daily rate quoted in jobs citing Fixed Income in the City of London.

Daily rate trend for Fixed Income in the City of London

Fixed Income
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Fixed Income in the City of London over the 6 months to 2 July 2022.

Daily rate histogram for Fixed Income in the City of London

Fixed Income
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Fixed Income in the City of London.

Hourly rate trend for Fixed Income in the City of London

For the 6 months to 2 July 2022, 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 58 (69.88%) Front Office
2 51 (61.45%) Banking
3 35 (42.17%) Electronic Trading
4 29 (34.94%) Finance
5 28 (33.73%) Social Skills
6 25 (30.12%) Java
7 24 (28.92%) Foreign Exchange (FX)
7 24 (28.92%) Investment Banking
8 21 (25.30%) Equities
8 21 (25.30%) C#
9 20 (24.10%) SQL
10 19 (22.89%) Python
10 19 (22.89%) Agile
11 18 (21.69%) .NET
12 17 (20.48%) Workflow
13 16 (19.28%) HTML
13 16 (19.28%) Analytical Skills
14 15 (18.07%) Derivative
15 14 (16.87%) Multithreading
15 14 (16.87%) Low Latency
16 12 (14.46%) Git (software)
17 11 (13.25%) Performance Tuning
17 11 (13.25%) Multithreaded Programming
18 10 (12.05%) git-flow
18 10 (12.05%) Oracle
18 10 (12.05%) SQL Server
19 9 (10.84%) ASP.NET
19 9 (10.84%) .NET Framework
19 9 (10.84%) Quantitative Research
20 8 (9.64%) React

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 1 (1.20%) MTS
1 1 (1.20%) SharePoint
Applications
1 2 (2.41%) Microsoft Excel
2 1 (1.20%) Microsoft Office
Business Applications
1 7 (8.43%) ION MarketView
2 2 (2.41%) Markit EDM
2 2 (2.41%) Refinitiv Enterprise Platform
3 1 (1.20%) Eikon
3 1 (1.20%) Orchestrade
3 1 (1.20%) PeopleSoft Financials
3 1 (1.20%) SunGard Martini
Cloud Services
1 2 (2.41%) Azure
2 1 (1.20%) Amazon EKS
2 1 (1.20%) Cloud Computing
2 1 (1.20%) Figma
2 1 (1.20%) Google Kubernetes Engine
2 1 (1.20%) OpenShift
2 1 (1.20%) Power Platform
Database & Business Intelligence
1 10 (12.05%) SQL Server
2 2 (2.41%) Elasticsearch
2 2 (2.41%) Oracle Reports
3 1 (1.20%) Power BI
3 1 (1.20%) SQL Server Analysis Services
3 1 (1.20%) SQL Server Integration Services
Development Applications
1 12 (14.46%) Git (software)
2 10 (12.05%) git-flow
3 5 (6.02%) JIRA
4 4 (4.82%) TeamCity
5 3 (3.61%) Jenkins
5 3 (3.61%) Zephyr
6 2 (2.41%) IBM UrbanCode
6 2 (2.41%) Octopus Deploy
6 2 (2.41%) Oracle APEX
6 2 (2.41%) Selenium
6 2 (2.41%) Sonatype Nexus
6 2 (2.41%) SpecFlow
6 2 (2.41%) Visual Studio
7 1 (1.20%) Eclipse
7 1 (1.20%) IntelliJ
7 1 (1.20%) Maven
7 1 (1.20%) REST Assured
7 1 (1.20%) TestComplete
7 1 (1.20%) TestNG
7 1 (1.20%) WebDriver
General
1 58 (69.88%) Front Office
2 51 (61.45%) Banking
3 29 (34.94%) Finance
4 28 (33.73%) Social Skills
5 24 (28.92%) Investment Banking
6 16 (19.28%) Analytical Skills
7 5 (6.02%) Organisational Skills
8 4 (4.82%) Legal
9 3 (3.61%) Back Office
10 2 (2.41%) Advertising
10 2 (2.41%) Financial Institution
11 1 (1.20%) International Banking
11 1 (1.20%) Presentation Skills
11 1 (1.20%) Prime Brokerage
11 1 (1.20%) Synthetic Prime Brokerage
Job Titles
1 45 (54.22%) Developer
2 16 (19.28%) C# Developer
3 15 (18.07%) Java Developer
4 12 (14.46%) Front Office Developer
5 11 (13.25%) Analyst
5 11 (13.25%) Investment Banking Java Developer
6 9 (10.84%) Business Analyst
7 8 (9.64%) .NET Developer
8 7 (8.43%) C# .NET Developer
8 7 (8.43%) Python Developer
9 6 (7.23%) C# WPF Developer
9 6 (7.23%) WPF Developer
10 5 (6.02%) Consultant
10 5 (6.02%) Java Consultant
10 5 (6.02%) Senior Consultant
10 5 (6.02%) Senior Java Consultant
11 4 (4.82%) C# Software Developer
11 4 (4.82%) Senior Analyst
11 4 (4.82%) Senior Business Analyst
11 4 (4.82%) Software Developer
Libraries, Frameworks & Software Standards
1 18 (21.69%) .NET
2 16 (19.28%) HTML
3 9 (10.84%) .NET Framework
3 9 (10.84%) ASP.NET
4 8 (9.64%) CSS
4 8 (9.64%) HTML5
4 8 (9.64%) React
4 8 (9.64%) Reactive Extensions
4 8 (9.64%) WPF
5 5 (6.02%) Hibernate
5 5 (6.02%) J2SE
5 5 (6.02%) Spring
6 2 (2.41%) AngularJS
6 2 (2.41%) REST
7 1 (1.20%) .NET Core
7 1 (1.20%) Angular 2
7 1 (1.20%) Kafka
7 1 (1.20%) Swing
7 1 (1.20%) XML
7 1 (1.20%) XML Messaging
Miscellaneous
1 24 (28.92%) Foreign Exchange (FX)
2 21 (25.30%) Equities
3 15 (18.07%) Derivative
4 3 (3.61%) Management Information System
5 2 (2.41%) Reference Data
6 1 (1.20%) Animation
6 1 (1.20%) Credit Risk
6 1 (1.20%) Equity Derivative
6 1 (1.20%) Eurex
6 1 (1.20%) Greenfield Project
6 1 (1.20%) Market Risk
6 1 (1.20%) OTC Derivatives
6 1 (1.20%) Synthetic Equity
6 1 (1.20%) User Experience
Operating Systems
1 5 (6.02%) Windows
2 4 (4.82%) Unix
3 2 (2.41%) Linux
Processes & Methodologies
1 35 (42.17%) Electronic Trading
2 19 (22.89%) Agile
3 17 (20.48%) Workflow
4 14 (16.87%) Low Latency
4 14 (16.87%) Multithreading
5 11 (13.25%) Multithreaded Programming
5 11 (13.25%) Performance Tuning
6 9 (10.84%) Quantitative Research
7 8 (9.64%) RAD
7 8 (9.64%) Software Engineering
8 7 (8.43%) MVVM
8 7 (8.43%) User Acceptance Testing
9 5 (6.02%) Data Integration
9 5 (6.02%) Data Transformation
10 4 (4.82%) DevOps
10 4 (4.82%) Requirements Gathering
10 4 (4.82%) Test Automation
11 3 (3.61%) Continuous Integration
11 3 (3.61%) Risk Management
11 3 (3.61%) System Integration Testing
Programming Languages
1 25 (30.12%) Java
2 21 (25.30%) C#
3 20 (24.10%) SQL
4 19 (22.89%) Python
5 7 (8.43%) C++
6 1 (1.20%) JavaScript
6 1 (1.20%) TypeScript
6 1 (1.20%) VBA
Qualifications
1 3 (3.61%) Degree
2 2 (2.41%) Computer Science Degree
2 2 (2.41%) ISTQB
2 2 (2.41%) ISTQB Foundation Certification
2 2 (2.41%) ITIL Certification
2 2 (2.41%) Numerate Degree
Quality Assurance & Compliance
1 4 (4.82%) MiFID
2 3 (3.61%) QA
System Software
1 2 (2.41%) Docker
Systems Management
1 2 (2.41%) Ansible
1 2 (2.41%) Rundeck
2 1 (1.20%) HP Quality Center
2 1 (1.20%) Kubernetes
Vendors
1 10 (12.05%) Oracle
2 8 (9.64%) DevExpress
2 8 (9.64%) ION Trading
3 4 (4.82%) Microsoft
4 3 (3.61%) Bloomberg
4 3 (3.61%) FIS
5 2 (2.41%) GoldenSource
5 2 (2.41%) Murex
5 2 (2.41%) Rogue Wave
6 1 (1.20%) HP
6 1 (1.20%) PeopleSoft
6 1 (1.20%) SunGard
6 1 (1.20%) Tradeweb