Period
to 14 May 2021

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 14 May 2021 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
14 May 2021
Same period 2020 Same period 2019
Rank 72 99 133
Rank change year-on-year +27 +34 -28
Contract jobs citing Fixed Income 89 57 107
As % of all contract jobs advertised in the City of London 3.22% 1.69% 1.65%
As % of the Miscellaneous category 8.57% 5.47% 5.08%
Number of daily rates quoted 47 44 78
10th Percentile £550 £550 £489
25th Percentile £575 £575 £563
Median daily rate (50th Percentile) £675 £675 £635
Median % change year-on-year - +6.30% +1.60%
75th Percentile £750 £750 £738
90th Percentile £825 £850 £841
Central London median daily rate £675 £675 £643
% change year-on-year - +5.06% +2.80%

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 1,039 1,043 2,108
As % of all contract IT jobs advertised in the City of London 37.54% 31.00% 32.57%
Number of daily rates quoted 708 756 1,550
10th Percentile £343 £299 £320
25th Percentile £450 £413 £425
Median daily rate (50th Percentile) £550 £523 £525
Median % change year-on-year +5.26% -0.48% -
75th Percentile £650 £625 £625
90th Percentile £725 £688 £700
Central London median daily rate £550 £503 £525
% change year-on-year +9.45% -4.29% -
Number of hourly rates quoted 15 39 38
10th Percentile £8.00 £12.42 £11.25
25th Percentile £9.75 £14.50 £14.00
Median hourly rate £14.08 £27.18 £19.38
Median % change year-on-year -48.21% +40.26% -9.88%
75th Percentile £31.63 £41.48 £37.50
90th Percentile £40.70 £52.40 £44.80
Central London median hourly rate £17.98 £27.34 £19.50
% change year-on-year -34.25% +40.19% -7.64%

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 14 May 2021.

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 14 May 2021, 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 51 (57.30%) Agile Software Development
2 46 (51.69%) Finance
3 36 (40.45%) SQL
4 29 (32.58%) DevOps
5 28 (31.46%) Test Automation
6 27 (30.34%) Front Office
7 26 (29.21%) Java
8 25 (28.09%) Derivative
8 25 (28.09%) Problem-Solving
9 24 (26.97%) Git (software)
9 24 (26.97%) Electronic Trading
9 24 (26.97%) SDLC
10 23 (25.84%) Analytics
11 22 (24.72%) TDD
11 22 (24.72%) Banking
11 22 (24.72%) .NET
12 20 (22.47%) BDD
12 20 (22.47%) Azure
12 20 (22.47%) Self-Motivation
13 19 (21.35%) Critical Thinking
13 19 (21.35%) Continuous Improvement
13 19 (21.35%) Foreign Exchange (FX)
14 18 (20.22%) Data Analysis
14 18 (20.22%) Data Visualisation
14 18 (20.22%) User Stories
14 18 (20.22%) Visualisation
14 18 (20.22%) Tableau
14 18 (20.22%) Data Integration
14 18 (20.22%) Octopus Deploy
14 18 (20.22%) Scaled Agile Framework

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 5 (5.62%) Red Hat Fuse
2 4 (4.49%) Apache
3 2 (2.25%) Apache Spark
3 2 (2.25%) JBoss
4 1 (1.12%) Confluence
4 1 (1.12%) GemFire
4 1 (1.12%) Mule
4 1 (1.12%) WebLogic
Applications
1 1 (1.12%) Microsoft Excel
1 1 (1.12%) Microsoft PowerPoint
Business Applications
1 7 (7.87%) Summit
2 4 (4.49%) ION MarketView
3 2 (2.25%) Bloomberg TOMS
3 2 (2.25%) Eikon
3 2 (2.25%) FINCAD Analytics
4 1 (1.12%) Front Arena
4 1 (1.12%) Global One
Cloud Services
1 20 (22.47%) Azure
2 3 (3.37%) OpenShift
3 2 (2.25%) AWS
4 1 (1.12%) Azure Data Factory
4 1 (1.12%) GitHub
4 1 (1.12%) IaaS
Database & Business Intelligence
1 18 (20.22%) Tableau
1 18 (20.22%) Tableau Desktop
1 18 (20.22%) Tableau Server
2 5 (5.62%) SQL Server
3 2 (2.25%) MongoDB
3 2 (2.25%) MySQL
3 2 (2.25%) NoSQL
3 2 (2.25%) Oracle Database
3 2 (2.25%) Relational Database
4 1 (1.12%) Data Mart
4 1 (1.12%) PostgreSQL
4 1 (1.12%) Redis
Development Applications
1 24 (26.97%) Git (software)
2 18 (20.22%) Octopus Deploy
3 16 (17.98%) JIRA
4 8 (8.99%) Bitbucket
4 8 (8.99%) Jenkins
5 4 (4.49%) Maven
6 2 (2.25%) Cucumber
6 2 (2.25%) Jasmine
6 2 (2.25%) JUnit
6 2 (2.25%) Karma Test Runner
6 2 (2.25%) Robot Framework
6 2 (2.25%) Subversion
7 1 (1.12%) Atlassian Bamboo
7 1 (1.12%) FishEye
7 1 (1.12%) Hudson
7 1 (1.12%) jMock
7 1 (1.12%) Selenium
7 1 (1.12%) Zephyr
General
1 46 (51.69%) Finance
2 27 (30.34%) Front Office
3 22 (24.72%) Banking
4 15 (16.85%) Social Skills
5 9 (10.11%) Investment Banking
6 6 (6.74%) Analytical Skills
7 4 (4.49%) Legal
8 3 (3.37%) Financial Institution
9 1 (1.12%) Advertising
9 1 (1.12%) Back Office
9 1 (1.12%) Influencing Skills
9 1 (1.12%) Prime Brokerage
Job Titles
1 61 (68.54%) Developer
2 22 (24.72%) Java Developer
3 18 (20.22%) Analyst
4 14 (15.73%) SQL Developer
5 12 (13.48%) Electronic Trading Developer
5 12 (13.48%) Electronic Trading Java Developer
6 11 (12.36%) Analyst Developer
7 9 (10.11%) C++ Developer
8 8 (8.99%) Risk Analyst
8 8 (8.99%) Summit Developer
9 7 (7.87%) Asset Management Analyst
9 7 (7.87%) C# Developer
9 7 (7.87%) C++/C# Developer
9 7 (7.87%) Perl Developer
10 6 (6.74%) Python Developer
10 6 (6.74%) Risk Management Analyst
10 6 (6.74%) Senior Developer
11 5 (5.62%) Senior Java Developer
12 4 (4.49%) Architect
12 4 (4.49%) AWS Developer
Libraries, Frameworks & Software Standards
1 22 (24.72%) .NET
2 11 (12.36%) Spring
3 9 (10.11%) Middleware
4 7 (7.87%) Hibernate
5 5 (5.62%) Apache Camel
6 4 (4.49%) OSGi
7 3 (3.37%) JMS
8 2 (2.25%) AngularJS
8 2 (2.25%) CSS
8 2 (2.25%) HTML
8 2 (2.25%) HTML5
8 2 (2.25%) Java EE
8 2 (2.25%) Kafka
8 2 (2.25%) Redux
8 2 (2.25%) RxJS
8 2 (2.25%) Sass
8 2 (2.25%) Spring Boot
9 1 (1.12%) .NET Core
9 1 (1.12%) ASP.NET Core
9 1 (1.12%) Jest
Miscellaneous
1 25 (28.09%) Derivative
2 20 (22.47%) Self-Motivation
3 19 (21.35%) Foreign Exchange (FX)
4 12 (13.48%) Greenfield Project
5 6 (6.74%) Market Risk
6 4 (4.49%) Enterprise Software
6 4 (4.49%) Equities
7 2 (2.25%) Credit Derivative
7 2 (2.25%) Data Structures
7 2 (2.25%) Equity Derivative
7 2 (2.25%) Virtual Team
8 1 (1.12%) Algorithms
8 1 (1.12%) Client/Server
8 1 (1.12%) Credit Risk
8 1 (1.12%) Hybrid Cloud
8 1 (1.12%) Management Information System
8 1 (1.12%) OTC Derivatives
8 1 (1.12%) User Experience
Operating Systems
1 5 (5.62%) Unix
2 4 (4.49%) Linux
Processes & Methodologies
1 51 (57.30%) Agile Software Development
2 29 (32.58%) DevOps
3 28 (31.46%) Test Automation
4 25 (28.09%) Problem-Solving
5 24 (26.97%) Electronic Trading
5 24 (26.97%) SDLC
6 23 (25.84%) Analytics
7 22 (24.72%) TDD
8 20 (22.47%) BDD
9 19 (21.35%) Continuous Improvement
9 19 (21.35%) Critical Thinking
10 18 (20.22%) Data Analysis
10 18 (20.22%) Data Integration
10 18 (20.22%) Data Visualisation
10 18 (20.22%) Deployment Automation
10 18 (20.22%) Scaled Agile Framework
10 18 (20.22%) User Stories
10 18 (20.22%) Visualisation
11 11 (12.36%) Asset Management
12 10 (11.24%) Migration
Programming Languages
1 36 (40.45%) SQL
2 26 (29.21%) Java
3 12 (13.48%) Python
4 11 (12.36%) C#
5 10 (11.24%) C++
6 7 (7.87%) Perl
7 3 (3.37%) JavaScript
7 3 (3.37%) TypeScript
8 2 (2.25%) C
8 2 (2.25%) ES6
8 2 (2.25%) Java 8
9 1 (1.12%) Bash Shell
9 1 (1.12%) Shell Script
Qualifications
1 7 (7.87%) Degree
2 2 (2.25%) ISTQB
3 1 (1.12%) CFA
3 1 (1.12%) Computer Science Degree
Quality Assurance & Compliance
1 3 (3.37%) UCITS
2 2 (2.25%) AIFMD
2 2 (2.25%) MiFID
2 2 (2.25%) QA
3 1 (1.12%) Data Quality
3 1 (1.12%) EMIR
3 1 (1.12%) GDPR
3 1 (1.12%) PMO
3 1 (1.12%) SLA
System Software
1 7 (7.87%) Docker
Systems Management
1 10 (11.24%) Kubernetes
Vendors
1 9 (10.11%) ION Trading
2 6 (6.74%) Bloomberg
3 3 (3.37%) Solace
4 2 (2.25%) Murex
4 2 (2.25%) Oracle
4 2 (2.25%) Reuters
4 2 (2.25%) Sybase
5 1 (1.12%) Atlassian
5 1 (1.12%) Calypso
5 1 (1.12%) FXall
5 1 (1.12%) Perforce
5 1 (1.12%) Tradeweb