Period
to 8 April 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 8 April 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
8 Apr 2020
Same period 2019 Same period 2018
Rank 123 113 104
Rank change year-on-year -10 -9 -17
Contract jobs citing Fixed Income 58 143 178
As % of all contract jobs advertised in the City of London 1.40% 2.09% 2.50%
As % of the Miscellaneous category 4.04% 5.64% 6.13%
Number of daily rates quoted 51 103 134
Median daily rate £725 £700 £625
Median daily rate % change year-on-year +3.57% +12.00% -
10th Percentile £550 £500 £475
90th Percentile £850 £838 £771
Central London median daily rate £725 £700 £625
% change year-on-year +3.57% +12.00% -
Number of hourly rates quoted 0 0 0
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 1,437 2,536 2,904
As % of all contract IT jobs advertised in the City of London 34.78% 37.13% 40.87%
Number of daily rates quoted 1,029 1,864 2,268
Median daily rate £525 £525 £525
10th Percentile £285 £311 £314
90th Percentile £694 £688 £725
Central London median daily rate £510 £525 £525
% change year-on-year -2.86% - +7.69%
Number of hourly rates quoted 47 42 53
Median hourly rate £26.44 £18.98 £21.50
Median hourly rate % change year-on-year +39.34% -11.74% +13.16%
10th Percentile £12.42 £12.89 £12.65
90th Percentile £52.25 £37.50 £48.45
Median hourly rate £27.00 £20.00 £21.50
% change year-on-year +35.00% -6.98% +16.22%

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 8 April 2020.

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 8 April 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 33 (56.90%) Banking
2 32 (55.17%) Java
3 25 (43.10%) Front Office
3 25 (43.10%) Finance
4 22 (37.93%) Electronic Trading
5 18 (31.03%) Foreign Exchange (FX)
6 17 (29.31%) Agile Software Development
7 13 (22.41%) Software Engineering
7 13 (22.41%) Fintech
8 12 (20.69%) Equities
8 12 (20.69%) SQL
9 11 (18.97%) HTML
9 11 (18.97%) TDD
9 11 (18.97%) Multithreading
10 10 (17.24%) Concurrent Programming
10 10 (17.24%) C#
11 9 (15.52%) Oracle
11 9 (15.52%) Python
11 9 (15.52%) FIX Protocol
11 9 (15.52%) Analytical Skills
12 8 (13.79%) Critical Thinking
12 8 (13.79%) HTML5
12 8 (13.79%) OO
12 8 (13.79%) OOD
12 8 (13.79%) SQL Server
12 8 (13.79%) Project Management
13 7 (12.07%) .NET
13 7 (12.07%) Azure
13 7 (12.07%) Financial Modelling
13 7 (12.07%) Unit Testing

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:

Applications
1 4 (6.90%) Spreadsheet
2 2 (3.45%) Microsoft Excel
3 1 (1.72%) MS Visio
Business Applications
1 1 (1.72%) ION MarketView
Cloud Services
1 7 (12.07%) Azure
2 2 (3.45%) AWS
Communications & Networking
1 2 (3.45%) Multicast
Database & Business Intelligence
1 8 (13.79%) SQL Server
2 6 (10.34%) RDBMS
2 6 (10.34%) Relational Database
3 4 (6.90%) Azure SQL Database
4 2 (3.45%) Azure SQL Data Warehouse
4 2 (3.45%) Data Warehouse
5 1 (1.72%) QlikView
Development Applications
1 5 (8.62%) Ant
2 3 (5.17%) JIRA
3 1 (1.72%) Cucumber
3 1 (1.72%) JUnit
3 1 (1.72%) Oracle Forms
3 1 (1.72%) Selenium
3 1 (1.72%) Visual Studio
3 1 (1.72%) WebDriver
General
1 33 (56.90%) Banking
2 25 (43.10%) Finance
2 25 (43.10%) Front Office
3 7 (12.07%) Investment Banking
4 6 (10.34%) Financial Institution
5 3 (5.17%) Retail
6 1 (1.72%) Back Office
6 1 (1.72%) Private Banking
Job Titles
1 27 (46.55%) Developer
2 16 (27.59%) Java Developer
3 8 (13.79%) Analyst
4 7 (12.07%) Java Engineer
5 6 (10.34%) Business Analyst
6 5 (8.62%) Consultant
6 5 (8.62%) Java Consultant
6 5 (8.62%) Senior Developer
6 5 (8.62%) Senior Java Developer
7 4 (6.90%) C# Developer
7 4 (6.90%) Electronic Trading Consultant
7 4 (6.90%) Electronic Trading Developer
7 4 (6.90%) Pricing Consultant
7 4 (6.90%) Quantitative Developer
8 3 (5.17%) Banking Analyst
8 3 (5.17%) Electronic Trading Java Developer
8 3 (5.17%) Project Manager
8 3 (5.17%) Python Developer
9 2 (3.45%) Data Warehouse Analyst
9 2 (3.45%) Front Office Developer
Libraries, Frameworks & Software Standards
1 11 (18.97%) HTML
2 9 (15.52%) FIX Protocol
3 8 (13.79%) HTML5
4 7 (12.07%) .NET
5 5 (8.62%) Swing
6 4 (6.90%) CSS
7 3 (5.17%) AngularJS
7 3 (5.17%) ASP.NET
8 2 (3.45%) JDBC
8 2 (3.45%) JMS
8 2 (3.45%) React
8 2 (3.45%) REST
8 2 (3.45%) Spring
9 1 (1.72%) Boost C++ Libraries
9 1 (1.72%) Entity Framework
9 1 (1.72%) Middleware
9 1 (1.72%) STL
9 1 (1.72%) WCF
9 1 (1.72%) WPF
9 1 (1.72%) XML
Miscellaneous
1 18 (31.03%) Foreign Exchange (FX)
2 12 (20.69%) Equities
3 9 (15.52%) Analytical Skills
4 7 (12.07%) Derivative
4 7 (12.07%) Enterprise Software
5 6 (10.34%) Data Structures
6 1 (1.72%) Algorithms
6 1 (1.72%) Greenfield Project
6 1 (1.72%) Management Information System
6 1 (1.72%) N-Tier
6 1 (1.72%) OTC Derivatives
6 1 (1.72%) Self-Motivation
6 1 (1.72%) SWIFT
6 1 (1.72%) Virtual Team
Operating Systems
1 4 (6.90%) Windows
2 2 (3.45%) Linux
3 1 (1.72%) Unix
Processes & Methodologies
1 22 (37.93%) Electronic Trading
2 17 (29.31%) Agile Software Development
3 13 (22.41%) Fintech
3 13 (22.41%) Software Engineering
4 11 (18.97%) Multithreading
4 11 (18.97%) TDD
5 10 (17.24%) Concurrent Programming
6 8 (13.79%) Critical Thinking
6 8 (13.79%) OO
6 8 (13.79%) OOD
6 8 (13.79%) Project Management
7 7 (12.07%) Actionable Insight
7 7 (12.07%) Financial Modelling
7 7 (12.07%) Unit Testing
8 6 (10.34%) Multithreaded Programming
9 5 (8.62%) Business Analysis
10 4 (6.90%) Asset Management
10 4 (6.90%) Project Delivery
11 3 (5.17%) Problem-Solving
11 3 (5.17%) Trade Surveillance
Programming Languages
1 32 (55.17%) Java
2 12 (20.69%) SQL
3 10 (17.24%) C#
4 9 (15.52%) Python
5 4 (6.90%) C++
6 3 (5.17%) JavaScript
7 2 (3.45%) F#
7 2 (3.45%) Java 8
7 2 (3.45%) TypeScript
7 2 (3.45%) VBA
8 1 (1.72%) R
Qualifications
1 1 (1.72%) Computer Science Degree
1 1 (1.72%) Degree
1 1 (1.72%) ISEB
1 1 (1.72%) Master's Degree
Quality Assurance & Compliance
1 6 (10.34%) QA
2 2 (3.45%) MiFID
3 1 (1.72%) EMIR
3 1 (1.72%) PMO
System Software
1 1 (1.72%) Docker
Systems Management
1 1 (1.72%) Kubernetes
Vendors
1 9 (15.52%) Oracle
2 3 (5.17%) ION Trading
3 2 (3.45%) Bloomberg
4 1 (1.72%) Atlassian
4 1 (1.72%) Cognizant
4 1 (1.72%) Solace