Fixed Income Contracts in the City of London

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 3 months to 22 June 2017 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 London / City of London
Location	3 months to 22 Jun 2017	Same period 2016	Same period 2015
Rank	67	113	115
Rank change year-on-year	+46	+2
Contract jobs citing Fixed Income	108	56	101
As % of all contract IT jobs advertised in the City of London	3.28%	1.65%	1.74%
As % of the Miscellaneous category	7.83%	4.19%	4.63%
Number of daily rates quoted	84	55	89
Median daily rate	£625	£600	£550
Median daily rate % change year-on-year	+4.16%	+9.09%
90% offered a daily rate of more than	£493	£425	£398
10% offered a daily rate of more than	£750	£700	£680
UK excluding London median daily rate	£164	£380	£438
% change year-on-year	-56.97%	-13.14%
Number of hourly rates quoted	0	0	1
Median hourly rate	-	-	£95.00
UK excluding London median hourly rate	-	-	-

Fixed Income is in the generic IT skills category. The next 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.

Generic IT Skills City of London
Contract job vacancies with a requirement for generic IT skills	1379	1338	2182
As % of all contract IT job vacancies advertised in the City of London	41.84%	39.31%	37.54%
Number of daily rates quoted	1041	1120	1741
Median daily rate	£525	£475	£475
Median daily rate % change year-on-year	+10.52%	-
90% offered a daily rate of more than	£325	£313	£300
10% offered a daily rate of more than	£675	£650	£635
UK excluding London median daily rate	£400	£388	£375
% change year-on-year	+3.02%	+3.53%
Number of hourly rates quoted	14	16	39
Median hourly rate	£18.70	£17.50	£22.83
Median hourly rate % change year-on-year	+6.82%	-23.34%
90% offered a hourly rate of more than	£12.93	£12.50	£15.60
10% offered a hourly rate of more than	£22.20	£65.00	£59.10
UK excluding London median hourly rate	£25.00	£22.75	£18.69
% change year-on-year	+9.89%	+21.72%

Fixed Income
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Fixed Income as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

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 3 months to 22 June 2017.

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

Fixed Income
Top 30 Co-occurring IT Skills in the City of London

For the 6 months to 22 June 2017, IT contractor jobs citing Fixed Income also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Fixed Income.

1	102 (54.55%)	Finance
2	90 (48.13%)	Front Office
3	86 (45.99%)	Banking
4	60 (32.09%)	Electronic Trading
5	57 (30.48%)	Agile Software Development
6	53 (28.34%)	Investment Banking
7	47 (25.13%)	Java
8	46 (24.60%)	Derivative
9	45 (24.06%)	SQL
10	43 (22.99%)	Foreign Exchange (FX)
11	35 (18.72%)	ION Trading
11	35 (18.72%)	Equities
12	33 (17.65%)	MiFID
13	29 (15.51%)	C#
13	29 (15.51%)	ION MarketView

14	25 (13.37%)	.NET
14	25 (13.37%)	Unix
15	24 (12.83%)	Python
15	24 (12.83%)	Asset Management
16	23 (12.30%)	Business Analysis
17	22 (11.76%)	SQL Server
18	21 (11.23%)	C++
19	19 (10.16%)	HTML
20	18 (9.63%)	XML
20	18 (9.63%)	Analytics
20	18 (9.63%)	Analytical Skills
21	17 (9.09%)	Linux
22	16 (8.56%)	JavaScript
22	16 (8.56%)	Low Latency
23	15 (8.02%)	HTML5

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
Applications
Business Applications
Cloud Services
Communications & Networking
Database & Business Intelligence
Development Applications
General
Job Titles
Libraries, Frameworks & Software Standards
Miscellaneous
Operating Systems
Processes & Methodologies
Programming Languages
Qualifications
Quality Assurance & Compliance
System Software
Systems Management
Vendors

Application Platforms
1	2 (1.07%)	Apache Spark
1	2 (1.07%)	Confluence
2	1 (0.53%)	Apache
2	1 (0.53%)	Apache Pig
2	1 (0.53%)	Apache Qpid
2	1 (0.53%)	IIS
2	1 (0.53%)	MTS
2	1 (0.53%)	WebSphere

Applications
1	3 (1.60%)	Microsoft Excel
2	1 (0.53%)	Microsoft Office
2	1 (0.53%)	Microsoft Project
2	1 (0.53%)	MS Visio

Business Applications
1	29 (15.51%)	ION MarketView
2	5 (2.67%)	Bloomberg TOMS
3	4 (2.14%)	thinkFolio
4	3 (1.60%)	Global One
4	3 (1.60%)	SunGard GMI
5	2 (1.07%)	RMDS
5	2 (1.07%)	Sentinel
5	2 (1.07%)	Summit
5	2 (1.07%)	Sylvan
6	1 (0.53%)	Cognos Business Intelligence
6	1 (0.53%)	Eagle PACE
6	1 (0.53%)	Markit EDM
6	1 (0.53%)	Minerva
6	1 (0.53%)	SimCorp Dimension

Cloud Services
1	1 (0.53%)	Amazon EC2
1	1 (0.53%)	Google Cloud Platform

Communications & Networking
1	11 (5.88%)	Firewall
2	9 (4.81%)	NAS
2	9 (4.81%)	SAN
3	4 (2.14%)	TCP/IP
4	1 (0.53%)	LAN

Database & Business Intelligence
1	22 (11.76%)	SQL Server
2	14 (7.49%)	Relational Database
3	5 (2.67%)	Data Warehouse
3	5 (2.67%)	Oracle Database
3	5 (2.67%)	SQL Server Reporting Services
4	4 (2.14%)	KDB
4	4 (2.14%)	SQL Server Integration Services
5	3 (1.60%)	BusinessObjects
5	3 (1.60%)	BusinessObjects XI
5	3 (1.60%)	RDBMS
5	3 (1.60%)	SQL Server 2008
5	3 (1.60%)	Tick Data
6	2 (1.07%)	Big Data
6	2 (1.07%)	Hadoop
6	2 (1.07%)	NoSQL
6	2 (1.07%)	OLAP
6	2 (1.07%)	OLTP
6	2 (1.07%)	SQL Server 2012
6	2 (1.07%)	SSDT
7	1 (0.53%)	Apache Hive

Development Applications
1	11 (5.88%)	Selenium
2	8 (4.28%)	Git (software)
3	6 (3.21%)	JIRA
4	5 (2.67%)	Visual Studio
5	4 (2.14%)	JUnit
6	3 (1.60%)	Mockito
6	3 (1.60%)	Subversion
7	2 (1.07%)	Maven
7	2 (1.07%)	TeamCity
7	2 (1.07%)	webpack
8	1 (0.53%)	EasyMock
8	1 (0.53%)	Eclipse
8	1 (0.53%)	ERwin
8	1 (0.53%)	IntelliJ
8	1 (0.53%)	Moq
8	1 (0.53%)	NUnit
8	1 (0.53%)	Octopus Deploy
8	1 (0.53%)	Oracle APEX
8	1 (0.53%)	Team Foundation Server
8	1 (0.53%)	XMLSpy

General
1	102 (54.55%)	Finance
2	90 (48.13%)	Front Office
3	86 (45.99%)	Banking
4	53 (28.34%)	Investment Banking
5	11 (5.88%)	Financial Institution
6	9 (4.81%)	Retail
7	8 (4.28%)	Back Office
8	1 (0.53%)	Corporate Banking
8	1 (0.53%)	Legal
8	1 (0.53%)	Marketing
8	1 (0.53%)	Spanish Language

Job Titles
1	95 (50.80%)	Developer
2	43 (22.99%)	Analyst
3	31 (16.58%)	Business Analyst
4	30 (16.04%)	Java Developer
5	22 (11.76%)	Senior Developer
6	19 (10.16%)	Front Office Developer
6	19 (10.16%)	Python Developer
7	14 (7.49%)	Electronic Trading Developer
8	13 (6.95%)	Fixed Income Business Analyst
9	12 (6.42%)	Electronic Trading Java Developer
10	11 (5.88%)	Banking Analyst
10	11 (5.88%)	Electronic Trading Business Analyst
11	10 (5.35%)	C# Developer
11	10 (5.35%)	Full Stack Developer
11	10 (5.35%)	Quantitative Developer
12	8 (4.28%)	.NET Developer
12	8 (4.28%)	Business IT Analyst
12	8 (4.28%)	IT Analyst
12	8 (4.28%)	IT Business Analyst
12	8 (4.28%)	Senior Java Developer

Libraries, Frameworks & Software Standards
1	25 (13.37%)	.NET
2	19 (10.16%)	HTML
3	18 (9.63%)	XML
4	15 (8.02%)	FIX Protocol
4	15 (8.02%)	HTML5
5	10 (5.35%)	AngularJS
5	10 (5.35%)	Node.js
6	7 (3.74%)	React
6	7 (3.74%)	XSD
7	6 (3.21%)	CSS
8	5 (2.67%)	FpML
8	5 (2.67%)	Spring
8	5 (2.67%)	WPF
9	4 (2.14%)	Esper
9	4 (2.14%)	Middleware
9	4 (2.14%)	SOAP
10	3 (1.60%)	J2EE
10	3 (1.60%)	Murex MxML
10	3 (1.60%)	Web Services
11	2 (1.07%)	WCF

Miscellaneous
1	46 (24.60%)	Derivative
2	43 (22.99%)	Foreign Exchange (FX)
3	35 (18.72%)	Equities
4	18 (9.63%)	Analytical Skills
5	11 (5.88%)	Greenfield Project
6	7 (3.74%)	Computer Science
7	6 (3.21%)	Virtual Team
8	5 (2.67%)	Fintech
8	5 (2.67%)	Market Risk
9	4 (2.14%)	Credit Derivative
9	4 (2.14%)	Data Centre
10	3 (1.60%)	Algorithms
10	3 (1.60%)	Interest Rate Derivative
10	3 (1.60%)	Management Information System
10	3 (1.60%)	Reference Data
11	2 (1.07%)	Enterprise Software
12	1 (0.53%)	Credit Risk
12	1 (0.53%)	iPad
12	1 (0.53%)	Pricing Data
12	1 (0.53%)	User Experience

Operating Systems
1	25 (13.37%)	Unix
2	17 (9.09%)	Linux
3	6 (3.21%)	Windows
4	2 (1.07%)	Solaris
5	1 (0.53%)	Windows Server

Processes & Methodologies
1	60 (32.09%)	Electronic Trading
2	57 (30.48%)	Agile Software Development
3	24 (12.83%)	Asset Management
4	23 (12.30%)	Business Analysis
5	18 (9.63%)	Analytics
6	16 (8.56%)	Low Latency
7	13 (6.95%)	Scrum
8	12 (6.42%)	OO
9	11 (5.88%)	DevOps
9	11 (5.88%)	Mathematics
9	11 (5.88%)	Multithreading
9	11 (5.88%)	Portfolio Management
9	11 (5.88%)	Quantitative Research
10	10 (5.35%)	Data Analytics
10	10 (5.35%)	Performance Tuning
10	10 (5.35%)	Risk Management
10	10 (5.35%)	Stakeholder Management
11	9 (4.81%)	GAP Analysis
11	9 (4.81%)	Project Management
11	9 (4.81%)	Workflow

Programming Languages
1	47 (25.13%)	Java
2	45 (24.06%)	SQL
3	29 (15.51%)	C#
4	24 (12.83%)	Python
5	21 (11.23%)	C++
6	16 (8.56%)	JavaScript
7	13 (6.95%)	R
8	10 (5.35%)	T-SQL
9	9 (4.81%)	Shell Script
10	8 (4.28%)	Scala
11	6 (3.21%)	Perl
12	5 (2.67%)	C
13	3 (1.60%)	Ruby
13	3 (1.60%)	VBA
14	2 (1.07%)	ES6
14	2 (1.07%)	PL/SQL
14	2 (1.07%)	VB
15	1 (0.53%)	Bash Shell
15	1 (0.53%)	Haskell
15	1 (0.53%)	PowerShell

Qualifications
1	10 (5.35%)	Degree
2	3 (1.60%)	Computer Science Degree
3	2 (1.07%)	Postgraduate
4	1 (0.53%)	IIBA
4	1 (0.53%)	ISEB
4	1 (0.53%)	Master's Degree

Quality Assurance & Compliance
1	33 (17.65%)	MiFID
2	8 (4.28%)	QA
3	7 (3.74%)	EMIR
4	4 (2.14%)	Dodd-Frank
5	1 (0.53%)	Data Quality
5	1 (0.53%)	FATCA
5	1 (0.53%)	ISAE 3402
5	1 (0.53%)	ISO 20022
5	1 (0.53%)	ISO 9001
5	1 (0.53%)	PMO
5	1 (0.53%)	SLA
5	1 (0.53%)	Solvency II

System Software
1	4 (2.14%)	Docker
2	2 (1.07%)	HDFS
3	1 (0.53%)	Active Directory
3	1 (0.53%)	Tivoli Workload Scheduler

Systems Management
1	2 (1.07%)	Kubernetes
2	1 (0.53%)	RSA Archer
2	1 (0.53%)	Thomson Reuters DACS
2	1 (0.53%)	Tivoli

Vendors
1	35 (18.72%)	ION Trading
2	13 (6.95%)	Bloomberg
2	13 (6.95%)	Oracle
3	8 (4.28%)	Murex
4	7 (3.74%)	Sybase
5	6 (3.21%)	Solace
6	5 (2.67%)	Microsoft
7	4 (2.14%)	Charles River
7	4 (2.14%)	Fidessa
7	4 (2.14%)	StreamBase
8	3 (1.60%)	Remedy
8	3 (1.60%)	StatPro
8	3 (1.60%)	SunGard
9	2 (1.07%)	BISAM
9	2 (1.07%)	FactSet
9	2 (1.07%)	Google
9	2 (1.07%)	IBM
9	2 (1.07%)	Sun
9	2 (1.07%)	Tradeweb
10	1 (0.53%)	MarketAxess