Period
to 4 March 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 4 March 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
4 Mar 2021
Same period 2020 Same period 2019
Rank 71 135 111
Rank change year-on-year +64 -24 -27
Contract jobs citing Fixed Income 66 58 161
As % of all contract jobs advertised in the City of London 2.91% 1.25% 2.37%
As % of the Miscellaneous category 7.28% 3.67% 6.15%
Number of daily rates quoted 47 52 120
Median daily rate £700 £700 £650
Median daily rate % change year-on-year - +7.69% +4.00%
10th Percentile £605 £539 £499
90th Percentile £785 £800 £815
Central London median daily rate £700 £725 £650
% change year-on-year -3.45% +11.54% +4.00%
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 906 1,580 2,616
As % of all contract IT jobs advertised in the City of London 39.91% 34.10% 38.49%
Number of daily rates quoted 631 1,203 1,969
Median daily rate £538 £525 £525
Median daily rate % change year-on-year +2.38% - -
10th Percentile £331 £264 £285
90th Percentile £725 £699 £700
Central London median daily rate £525 £505 £525
% change year-on-year +3.96% -3.81% -
Number of hourly rates quoted 15 38 48
Median hourly rate £23.00 £23.31 £18.70
Median hourly rate % change year-on-year -1.33% +24.65% -14.54%
10th Percentile £13.07 £12.42 £13.00
90th Percentile £42.50 £52.25 £37.50
Median hourly rate £23.00 £22.50 £18.70
% change year-on-year +2.22% +20.32% -13.53%

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 4 March 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 4 March 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 38 (57.58%) Agile Software Development
2 36 (54.55%) Java
3 29 (43.94%) Electronic Trading
4 27 (40.91%) Finance
5 20 (30.30%) SQL
5 20 (30.30%) Derivative
5 20 (30.30%) Low Latency
6 18 (27.27%) Front Office
7 16 (24.24%) Banking
8 15 (22.73%) Git (software)
8 15 (22.73%) Test Automation
8 15 (22.73%) Problem-Solving
9 14 (21.21%) Greenfield Project
9 14 (21.21%) DevOps
9 14 (21.21%) Analytics
9 14 (21.21%) Migration
9 14 (21.21%) Foreign Exchange (FX)
10 12 (18.18%) OO
11 11 (16.67%) SDLC
12 10 (15.15%) TDD
13 9 (13.64%) Spring
13 9 (13.64%) Multithreading
13 9 (13.64%) Azure
13 9 (13.64%) .NET
13 9 (13.64%) Scrum
13 9 (13.64%) Continuous Improvement
13 9 (13.64%) BDD
13 9 (13.64%) Self-Motivation
13 9 (13.64%) Scaled Agile Framework
13 9 (13.64%) Critical Thinking

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 (6.06%) Red Hat Fuse
2 3 (4.55%) Apache
3 2 (3.03%) Mule
4 1 (1.52%) Confluence
4 1 (1.52%) JBoss
Applications
1 3 (4.55%) Spreadsheet
Business Applications
1 3 (4.55%) FINCAD Analytics
2 2 (3.03%) Eikon
2 2 (3.03%) ION MarketView
3 1 (1.52%) Summit
Cloud Services
1 9 (13.64%) Azure
2 3 (4.55%) OpenShift
3 1 (1.52%) AWS
3 1 (1.52%) IaaS
Communications & Networking
1 1 (1.52%) Multicast
Database & Business Intelligence
1 8 (12.12%) Tableau
1 8 (12.12%) Tableau Desktop
1 8 (12.12%) Tableau Server
2 4 (6.06%) Oracle Database
2 4 (6.06%) Relational Database
3 3 (4.55%) SQL Server
4 1 (1.52%) Data Mart
4 1 (1.52%) MongoDB
4 1 (1.52%) MySQL
4 1 (1.52%) NoSQL
4 1 (1.52%) RDBMS
Development Applications
1 15 (22.73%) Git (software)
2 8 (12.12%) Octopus Deploy
3 6 (9.09%) Maven
4 4 (6.06%) Jenkins
4 4 (6.06%) JIRA
4 4 (6.06%) Robot Framework
5 2 (3.03%) Bitbucket
6 1 (1.52%) Ant
6 1 (1.52%) Atlassian Bamboo
6 1 (1.52%) Cucumber
6 1 (1.52%) FishEye
6 1 (1.52%) GCC
6 1 (1.52%) GDB
6 1 (1.52%) Hudson
6 1 (1.52%) jMock
6 1 (1.52%) JUnit
6 1 (1.52%) Subversion
6 1 (1.52%) Zephyr
General
1 27 (40.91%) Finance
2 18 (27.27%) Front Office
3 16 (24.24%) Banking
4 5 (7.58%) Investment Banking
5 3 (4.55%) Legal
6 1 (1.52%) Back Office
6 1 (1.52%) Financial Institution
6 1 (1.52%) Marketing
Job Titles
1 45 (68.18%) Developer
2 28 (42.42%) Java Developer
3 19 (28.79%) Electronic Trading Developer
3 19 (28.79%) Electronic Trading Java Developer
4 13 (19.70%) Analyst
5 8 (12.12%) Analyst Developer
6 7 (10.61%) Asset Management Analyst
6 7 (10.61%) Risk Analyst
7 6 (9.09%) Risk Management Analyst
8 5 (7.58%) Python Developer
9 4 (6.06%) Consultant
10 3 (4.55%) Business Analyst
10 3 (4.55%) C++ Developer
10 3 (4.55%) Electronic Trading Consultant
10 3 (4.55%) Java Consultant
10 3 (4.55%) Pricing Consultant
10 3 (4.55%) Pricing Developer
10 3 (4.55%) Python Developer - Fintech
11 2 (3.03%) Agile Developer
11 2 (3.03%) DevOps Engineer
Libraries, Frameworks & Software Standards
1 9 (13.64%) .NET
1 9 (13.64%) Spring
2 8 (12.12%) Hibernate
3 7 (10.61%) Middleware
4 5 (7.58%) Apache Camel
4 5 (7.58%) JMS
5 3 (4.55%) FIX Protocol
5 3 (4.55%) HTML
5 3 (4.55%) HTML5
5 3 (4.55%) JDBC
5 3 (4.55%) OSGi
5 3 (4.55%) REST
6 2 (3.03%) Ajax
6 2 (3.03%) AngularJS
6 2 (3.03%) GWT
6 2 (3.03%) jQuery
6 2 (3.03%) JSF
6 2 (3.03%) Spring Integration
7 1 (1.52%) Java EE
7 1 (1.52%) JTA
Miscellaneous
1 20 (30.30%) Derivative
2 14 (21.21%) Foreign Exchange (FX)
2 14 (21.21%) Greenfield Project
3 9 (13.64%) Self-Motivation
4 4 (6.06%) Analytical Skills
4 4 (6.06%) Enterprise Software
4 4 (6.06%) Equity Derivative
5 3 (4.55%) Market Risk
6 2 (3.03%) Clustering
6 2 (3.03%) Virtual Team
7 1 (1.52%) Credit Derivative
Operating Systems
1 4 (6.06%) Linux
1 4 (6.06%) Unix
Processes & Methodologies
1 38 (57.58%) Agile Software Development
2 29 (43.94%) Electronic Trading
3 20 (30.30%) Low Latency
4 15 (22.73%) Problem-Solving
4 15 (22.73%) Test Automation
5 14 (21.21%) Analytics
5 14 (21.21%) DevOps
5 14 (21.21%) Migration
6 12 (18.18%) OO
7 11 (16.67%) SDLC
8 10 (15.15%) TDD
9 9 (13.64%) BDD
9 9 (13.64%) Continuous Improvement
9 9 (13.64%) Critical Thinking
9 9 (13.64%) Multithreading
9 9 (13.64%) Scaled Agile Framework
9 9 (13.64%) Scrum
10 8 (12.12%) Data Visualisation
10 8 (12.12%) Deployment Automation
10 8 (12.12%) User Stories
Programming Languages
1 36 (54.55%) Java
2 20 (30.30%) SQL
3 7 (10.61%) Python
4 4 (6.06%) C++
5 3 (4.55%) C#
5 3 (4.55%) JavaScript
6 1 (1.52%) Bash Shell
6 1 (1.52%) Java 8
6 1 (1.52%) Perl
Qualifications
1 4 (6.06%) Degree
2 1 (1.52%) Computer Science Degree
2 1 (1.52%) ISTQB
Quality Assurance & Compliance
1 2 (3.03%) QA
1 2 (3.03%) UCITS
2 1 (1.52%) AIFMD
2 1 (1.52%) MiFID
System Software
1 3 (4.55%) Docker
Systems Management
1 5 (7.58%) Kubernetes
Vendors
1 7 (10.61%) Oracle
2 2 (3.03%) Bloomberg
2 2 (3.03%) ION Trading
2 2 (3.03%) Murex
2 2 (3.03%) Reuters
2 2 (3.03%) Solace
3 1 (1.52%) Atlassian
3 1 (1.52%) Sybase