Period
to 20 September 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 20 September 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
20 Sep 2021
Same period 2020 Same period 2019
Rank 65 51 186
Rank change year-on-year -14 +135 -80
Contract jobs citing Fixed Income 123 68 54
As % of all contract jobs advertised in the City of London 3.41% 3.92% 0.86%
As % of the Miscellaneous category 8.88% 11.45% 2.89%
Number of daily rates quoted 89 44 44
10th Percentile £545 £525 £304
25th Percentile £566 £575 £481
Median daily rate (50th Percentile) £725 £625 £600
Median % change year-on-year +16.00% +4.17% -
75th Percentile £800 £750 £688
90th Percentile £855 £800 £725
Central London median daily rate £700 £625 £625
% change year-on-year +12.00% - +4.17%

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 1,385 594 1,867
As % of all contract IT jobs advertised in the City of London 38.40% 34.26% 29.86%
Number of daily rates quoted 1,001 391 1,422
10th Percentile £375 £313 £319
25th Percentile £489 £413 £428
Median daily rate (50th Percentile) £600 £525 £525
Median % change year-on-year +14.29% - -
75th Percentile £688 £617 £625
90th Percentile £775 £694 £688
Central London median daily rate £600 £525 £525
% change year-on-year +14.29% - -
Number of hourly rates quoted 26 25 34
10th Percentile £8.00 £16.00 £11.25
25th Percentile £19.44 £31.00 £12.76
Median hourly rate £33.45 £37.75 £19.75
Median % change year-on-year -11.39% +91.14% +2.60%
75th Percentile £42.63 £47.75 £23.55
90th Percentile £62.25 £53.00 £46.23
Central London median hourly rate £30.25 £37.50 £20.00
% change year-on-year -19.33% +87.50% +3.23%

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 20 September 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 20 September 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 71 (57.72%) Finance
2 57 (46.34%) Agile Software Development
3 52 (42.28%) Banking
4 50 (40.65%) Java
5 43 (34.96%) Front Office
6 41 (33.33%) SQL
7 31 (25.20%) Electronic Trading
8 30 (24.39%) Foreign Exchange (FX)
9 25 (20.33%) Investment Banking
9 25 (20.33%) Python
9 25 (20.33%) Analytics
10 24 (19.51%) Equities
11 23 (18.70%) Azure
11 23 (18.70%) Social Skills
12 21 (17.07%) Derivative
13 19 (15.45%) TDD
13 19 (15.45%) DevOps
14 18 (14.63%) C#
15 17 (13.82%) .NET
15 17 (13.82%) Test Automation
15 17 (13.82%) SDLC
16 16 (13.01%) Problem-Solving
16 16 (13.01%) JIRA
16 16 (13.01%) Software Engineering
16 16 (13.01%) ION Trading
16 16 (13.01%) Asset Management
17 15 (12.20%) C++
17 15 (12.20%) Mathematics
18 14 (11.38%) Git (software)
18 14 (11.38%) 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 4 (3.25%) Apache Spark
2 3 (2.44%) Apache
2 3 (2.44%) Red Hat Fuse
3 2 (1.63%) Confluence
3 2 (1.63%) JBoss
3 2 (1.63%) WebLogic
4 1 (0.81%) Elasticsearch
4 1 (0.81%) GemFire
4 1 (0.81%) nginx
4 1 (0.81%) SAS
Applications
1 9 (7.32%) Spreadsheet
2 4 (3.25%) Microsoft Excel
3 2 (1.63%) Microsoft PowerPoint
4 1 (0.81%) MS Visio
Business Applications
1 9 (7.32%) ION MarketView
2 4 (3.25%) Summit
3 2 (1.63%) Bloomberg TOMS
3 2 (1.63%) SunGard Martini
4 1 (0.81%) Eikon
4 1 (0.81%) FINCAD Analytics
4 1 (0.81%) Front Arena
Cloud Services
1 23 (18.70%) Azure
2 12 (9.76%) AWS
3 1 (0.81%) Amazon ECS
3 1 (0.81%) Amazon EKS
3 1 (0.81%) GCP
3 1 (0.81%) GitHub
Communications & Networking
1 7 (5.69%) BGP
2 1 (0.81%) LAN
2 1 (0.81%) TCP/IP
Database & Business Intelligence
1 12 (9.76%) SQL Server
2 9 (7.32%) Tableau
2 9 (7.32%) Tableau Desktop
2 9 (7.32%) Tableau Server
3 6 (4.88%) Metadata
3 6 (4.88%) Relational Database
4 2 (1.63%) Data Mining
4 2 (1.63%) MySQL
4 2 (1.63%) NoSQL
4 2 (1.63%) Redis
5 1 (0.81%) Amazon DynamoDB
5 1 (0.81%) Big Data
5 1 (0.81%) Hazelcast
5 1 (0.81%) KDB
5 1 (0.81%) MongoDB
5 1 (0.81%) RDBMS
Development Applications
1 16 (13.01%) JIRA
2 14 (11.38%) Git (software)
3 9 (7.32%) Octopus Deploy
4 5 (4.07%) Jenkins
5 4 (3.25%) Bitbucket
6 3 (2.44%) Cucumber
6 3 (2.44%) JUnit
7 2 (1.63%) Jasmine
7 2 (1.63%) Karma Test Runner
8 1 (0.81%) IntelliJ
8 1 (0.81%) JBehave
8 1 (0.81%) Maven
8 1 (0.81%) Oracle APEX
8 1 (0.81%) Selenium
8 1 (0.81%) Subversion
General
1 71 (57.72%) Finance
2 52 (42.28%) Banking
3 43 (34.96%) Front Office
4 25 (20.33%) Investment Banking
5 23 (18.70%) Social Skills
6 8 (6.50%) Legal
7 6 (4.88%) Influencing Skills
8 5 (4.07%) Financial Institution
9 4 (3.25%) Analytical Skills
10 2 (1.63%) Advertising
10 2 (1.63%) German Language
10 2 (1.63%) Marketing
10 2 (1.63%) Organisational Skills
11 1 (0.81%) Back Office
11 1 (0.81%) International Banking
11 1 (0.81%) Prime Brokerage
Job Titles
1 77 (62.60%) Developer
2 29 (23.58%) Java Developer
3 18 (14.63%) Analyst
4 16 (13.01%) SQL Developer
5 15 (12.20%) Senior Developer
6 14 (11.38%) Python Developer
7 12 (9.76%) C# Developer
7 12 (9.76%) Electronic Trading Developer
7 12 (9.76%) Electronic Trading Java Developer
8 11 (8.94%) Consultant
9 9 (7.32%) Business Analyst
9 9 (7.32%) Electronic Trading Consultant
10 8 (6.50%) Java Consultant
10 8 (6.50%) Pricing Consultant
10 8 (6.50%) Senior Java Developer
11 7 (5.69%) Analytics Developer
11 7 (5.69%) C++ Developer
12 5 (4.07%) Architect
12 5 (4.07%) Banking Analyst
12 5 (4.07%) Python Engineer
Libraries, Frameworks & Software Standards
1 17 (13.82%) .NET
2 14 (11.38%) AngularJS
3 13 (10.57%) Spring
4 8 (6.50%) Middleware
4 8 (6.50%) Node.js
4 8 (6.50%) React
5 7 (5.69%) Angular 2
5 7 (5.69%) jQuery
5 7 (5.69%) NumPy
5 7 (5.69%) Pandas
5 7 (5.69%) PyTorch
6 5 (4.07%) Kafka
6 5 (4.07%) Spring Boot
6 5 (4.07%) XML
7 4 (3.25%) FIX Protocol
8 3 (2.44%) Apache Camel
8 3 (2.44%) HTML5
8 3 (2.44%) OSGi
8 3 (2.44%) Ultra Messaging
8 3 (2.44%) WCF
Miscellaneous
1 30 (24.39%) Foreign Exchange (FX)
2 24 (19.51%) Equities
3 21 (17.07%) Derivative
4 11 (8.94%) Self-Motivation
5 10 (8.13%) Greenfield Project
6 9 (7.32%) Legacy Systems
7 7 (5.69%) Hedge funds
8 6 (4.88%) Hybrid Cloud
8 6 (4.88%) Market Risk
9 5 (4.07%) Credit Derivative
9 5 (4.07%) Credit Risk
10 4 (3.25%) Enterprise Software
11 3 (2.44%) Equity Derivative
11 3 (2.44%) Grid Computing
11 3 (2.44%) Management Information System
11 3 (2.44%) SWIFT
12 2 (1.63%) Reference Data
13 1 (0.81%) Client/Server
13 1 (0.81%) Contract for Difference
13 1 (0.81%) DTCC
Operating Systems
1 6 (4.88%) Linux
2 5 (4.07%) Windows
3 4 (3.25%) Unix
Processes & Methodologies
1 57 (46.34%) Agile Software Development
2 31 (25.20%) Electronic Trading
3 25 (20.33%) Analytics
4 19 (15.45%) DevOps
4 19 (15.45%) TDD
5 17 (13.82%) SDLC
5 17 (13.82%) Test Automation
6 16 (13.01%) Asset Management
6 16 (13.01%) Problem-Solving
6 16 (13.01%) Software Engineering
7 15 (12.20%) Mathematics
8 14 (11.38%) Data Analysis
9 12 (9.76%) BDD
9 12 (9.76%) Fintech
9 12 (9.76%) Microservices
10 10 (8.13%) Continuous Improvement
10 10 (8.13%) Multithreading
10 10 (8.13%) Portfolio Management
10 10 (8.13%) Scaled Agile Framework
11 9 (7.32%) Data Integration
Programming Languages
1 50 (40.65%) Java
2 41 (33.33%) SQL
3 25 (20.33%) Python
4 18 (14.63%) C#
5 15 (12.20%) C++
6 10 (8.13%) JavaScript
7 5 (4.07%) Perl
7 5 (4.07%) T-SQL
8 4 (3.25%) Bash Shell
9 3 (2.44%) Java 11
9 3 (2.44%) Java 8
9 3 (2.44%) TypeScript
10 2 (1.63%) C
10 2 (1.63%) ES6
10 2 (1.63%) Shell Script
11 1 (0.81%) MATLAB
Qualifications
1 5 (4.07%) Degree
2 2 (1.63%) ISEB
2 2 (1.63%) PMP
3 1 (0.81%) CFA
3 1 (0.81%) ISTQB
Quality Assurance & Compliance
1 6 (4.88%) Data Quality
1 6 (4.88%) GDPR
2 5 (4.07%) QA
3 4 (3.25%) EMIR
4 3 (2.44%) PMO
4 3 (2.44%) UCITS
5 2 (1.63%) MiFID
6 1 (0.81%) AIFMD
6 1 (0.81%) SLA
System Software
1 10 (8.13%) Docker
2 3 (2.44%) Platform Symphony
Systems Management
1 8 (6.50%) Kubernetes
Vendors
1 16 (13.01%) ION Trading
2 10 (8.13%) Oracle
3 5 (4.07%) Bloomberg
4 3 (2.44%) Perforce
4 3 (2.44%) Solace
4 3 (2.44%) Sybase
5 2 (1.63%) SunGard
5 2 (1.63%) Tradeweb
6 1 (0.81%) FIS
6 1 (0.81%) FXall
6 1 (0.81%) MarketAxess
6 1 (0.81%) Refinitiv