Period
to 18 January 2022

The table below looks at the prevalence of the term Fixed Income in contract job vacancies advertised in England. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Fixed Income over the 6 months to 18 January 2022 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
UK > England
6 months to
18 Jan 2022
Same period 2021 Same period 2020
Rank 256 146 325
Rank change year-on-year -110 +179 -34
Contract jobs citing Fixed Income 757 603 509
As % of all contract jobs advertised in England 1.09% 1.80% 0.77%
As % of the Miscellaneous category 3.49% 5.63% 2.69%
Number of daily rates quoted 596 520 315
10th Percentile £525 £475 £500
25th Percentile £597 £538 £581
Median daily rate (50th Percentile) £675 £630 £650
Median % change year-on-year +7.14% -3.08% +4.00%
75th Percentile £775 £750 £750
90th Percentile £825 £800 £800
UK median daily rate £675 £640 £650
% change year-on-year +5.47% -1.54% +4.00%

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 England with a requirement for generic IT skills.

All Generic IT Skills
England
Contract vacancies with a requirement for generic IT skills 21,686 10,713 18,905
As % of all contract IT jobs advertised in England 31.14% 31.97% 28.73%
Number of daily rates quoted 15,529 7,288 12,554
10th Percentile £300 £257 £263
25th Percentile £419 £363 £363
Median daily rate (50th Percentile) £538 £475 £475
Median % change year-on-year +13.16% - -
75th Percentile £650 £600 £586
90th Percentile £750 £700 £675
UK median daily rate £525 £475 £473
% change year-on-year +10.53% +0.53% -0.53%
Number of hourly rates quoted 597 419 740
10th Percentile £12.50 £12.50 £12.00
25th Percentile £15.63 £17.16 £15.00
Median hourly rate £25.00 £26.22 £20.63
Median % change year-on-year -4.65% +27.13% +1.88%
75th Percentile £49.50 £45.88 £45.00
90th Percentile £65.20 £58.00 £52.50
UK median hourly rate £26.27 £26.00 £21.00
% change year-on-year +1.04% +23.81% +5.00%

Fixed Income
Job Vacancy Trend in England

Job postings citing Fixed Income as a proportion of all IT jobs advertised in England.

Job vacancy trend for Fixed Income in England

Fixed Income
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing Fixed Income in England.

Daily rate trend for Fixed Income in England

Fixed Income
Daily Rate Histogram in England

Daily rate distribution for jobs citing Fixed Income in England over the 6 months to 18 January 2022.

Daily rate histogram for Fixed Income in England

Fixed Income
Contractor Hourly Rate Trend in England

3-month moving average hourly rates quoted in jobs citing Fixed Income in England.

Hourly rate trend for Fixed Income in England

Fixed Income
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Fixed Income within the England region over the 6 months to 18 January 2022. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -75 745 £679 +7.74% 86
East Midlands - 1 £613 -
Midlands - 1 £613 -
Fixed Income
UK

For the 6 months to 18 January 2022, 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 England region with a requirement for Fixed Income.

1 424 (56.01%) Front Office
2 373 (49.27%) Finance
3 342 (45.18%) Java
4 297 (39.23%) Banking
5 292 (38.57%) Agile Software Development
6 277 (36.59%) Foreign Exchange (FX)
7 265 (35.01%) Equities
8 243 (32.10%) Derivative
9 219 (28.93%) Investment Banking
10 209 (27.61%) SQL
11 207 (27.34%) Python
12 187 (24.70%) Electronic Trading
13 184 (24.31%) Asset Management
14 176 (23.25%) AWS
14 176 (23.25%) React
15 175 (23.12%) Software Engineering
16 167 (22.06%) JavaScript
17 145 (19.15%) Investment Management
18 136 (17.97%) Hedge funds
19 135 (17.83%) Full Stack Development
20 131 (17.31%) Social Skills
21 129 (17.04%) TypeScript
22 128 (16.91%) ION Trading
22 128 (16.91%) Multithreading
23 127 (16.78%) Analytics
24 112 (14.80%) Azure
25 110 (14.53%) Analytical Skills
26 95 (12.55%) C#
27 94 (12.42%) Low Latency
28 90 (11.89%) AngularJS

Fixed Income
Co-occurring IT Skills in England 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 26 (3.43%) Oracle Workflow
2 23 (3.04%) Confluence
3 17 (2.25%) Apache
4 16 (2.11%) Apache Airflow
5 8 (1.06%) MTS
6 5 (0.66%) Jupyter
7 3 (0.40%) Elasticsearch
8 2 (0.26%) JBoss
8 2 (0.26%) Mule
8 2 (0.26%) nginx
8 2 (0.26%) Red Hat Fuse
8 2 (0.26%) SAS
9 1 (0.13%) WebLogic
Applications
1 24 (3.17%) Microsoft Excel
2 16 (2.11%) Spreadsheet
3 10 (1.32%) Microsoft PowerPoint
4 9 (1.19%) MS Visio
5 8 (1.06%) Chatbot
6 4 (0.53%) Microsoft Office
Business Applications
1 36 (4.76%) ION MarketView
2 8 (1.06%) BondVision
3 6 (0.79%) FINCAD Analytics
3 6 (0.79%) thinkFolio
4 5 (0.66%) Markit EDM
4 5 (0.66%) SimCorp Dimension
5 4 (0.53%) Bloomberg TOMS
5 4 (0.53%) Distributed Ledger
5 4 (0.53%) SunGard Martini
6 3 (0.40%) SAP S/4HANA
7 1 (0.13%) Eagle PACE
7 1 (0.13%) Minerva
7 1 (0.13%) PeopleSoft Financials
7 1 (0.13%) RMDS
Cloud Services
1 176 (23.25%) AWS
2 112 (14.80%) Azure
3 75 (9.91%) GCP
4 39 (5.15%) Serverless
5 36 (4.76%) Amazon EC2
5 36 (4.76%) AWS Lambda
6 35 (4.62%) Amazon S3
7 11 (1.45%) OpenShift
8 3 (0.40%) Amazon ECS
8 3 (0.40%) Amazon EKS
8 3 (0.40%) Azure Functions
8 3 (0.40%) NuGet
8 3 (0.40%) Power Platform
9 2 (0.26%) IaaS
10 1 (0.13%) Asana
10 1 (0.13%) AWS CloudFormation
10 1 (0.13%) Azure Stack
10 1 (0.13%) GitHub
10 1 (0.13%) PaaS
10 1 (0.13%) Slack
Communications & Networking
1 37 (4.89%) FIX Connectivity
2 7 (0.92%) TCP/IP
3 6 (0.79%) SSL
4 3 (0.40%) BGP
4 3 (0.40%) LAN
5 1 (0.13%) Internet
5 1 (0.13%) Multicast
5 1 (0.13%) VPN
Database & Business Intelligence
1 69 (9.11%) SQL Server
2 39 (5.15%) Amazon DynamoDB
3 36 (4.76%) NoSQL
4 32 (4.23%) Relational Database
5 23 (3.04%) RDBMS
6 20 (2.64%) MongoDB
7 15 (1.98%) Amazon Athena
7 15 (1.98%) Apache Ignite
8 14 (1.85%) Oracle Database
9 9 (1.19%) PostgreSQL
10 8 (1.06%) Redis
10 8 (1.06%) SQL Server 2012
11 6 (0.79%) Big Data
11 6 (0.79%) Data Mart
11 6 (0.79%) KDB
12 5 (0.66%) Oracle Reports
13 4 (0.53%) Data Warehouse
13 4 (0.53%) MySQL
14 3 (0.40%) Metadata
14 3 (0.40%) Power BI
Development Applications
1 70 (9.25%) JIRA
2 39 (5.15%) Git (software)
3 21 (2.77%) TeamCity
4 15 (1.98%) Maven
5 14 (1.85%) Cucumber
6 10 (1.32%) Jenkins
6 10 (1.32%) Moq
6 10 (1.32%) NUnit
7 8 (1.06%) Artifactory
8 7 (0.92%) Sonatype Nexus
9 5 (0.66%) Atlassian Bamboo
10 4 (0.53%) Cypress.io
11 3 (0.40%) git-flow
11 3 (0.40%) Jasmine
11 3 (0.40%) Karma Test Runner
11 3 (0.40%) Oracle APEX
11 3 (0.40%) Subversion
12 2 (0.26%) JUnit
12 2 (0.26%) Octopus Deploy
12 2 (0.26%) Visual Studio
General
1 424 (56.01%) Front Office
2 373 (49.27%) Finance
3 297 (39.23%) Banking
4 219 (28.93%) Investment Banking
5 131 (17.31%) Social Skills
6 110 (14.53%) Analytical Skills
7 22 (2.91%) Financial Institution
8 20 (2.64%) Legal
9 19 (2.51%) Back Office
10 18 (2.38%) Organisational Skills
10 18 (2.38%) Presentation Skills
11 12 (1.59%) Public Speaking
12 9 (1.19%) Influencing Skills
13 5 (0.66%) German Language
14 4 (0.53%) International Banking
14 4 (0.53%) Prime Brokerage
15 3 (0.40%) General Ledger
16 2 (0.26%) Documentation Skills
16 2 (0.26%) Public Sector
16 2 (0.26%) Synthetic Prime Brokerage
Job Titles
1 468 (61.82%) Developer
2 192 (25.36%) Java Developer
3 143 (18.89%) Analyst
4 129 (17.04%) Developer/Software Engineer
4 129 (17.04%) Software Engineer
5 103 (13.61%) Business Analyst
6 95 (12.55%) Python Developer
7 94 (12.42%) Front Office Developer
8 73 (9.64%) Electronic Trading Developer
9 71 (9.38%) Electronic Trading Java Developer
10 65 (8.59%) AWS Developer
10 65 (8.59%) AWS Engineer
10 65 (8.59%) AWS Software Engineer
11 55 (7.27%) Python Engineer
11 55 (7.27%) Senior Developer
12 52 (6.87%) .NET Developer
12 52 (6.87%) Python Software Engineer
13 51 (6.74%) React Developer
14 44 (5.81%) Lead Developer
15 39 (5.15%) Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 176 (23.25%) React
2 90 (11.89%) AngularJS
3 75 (9.91%) .NET
4 66 (8.72%) FIX Protocol
5 60 (7.93%) Vue.js
6 56 (7.40%) Node.js
7 42 (5.55%) .NET Core
8 41 (5.42%) ASP.NET Web API
9 40 (5.28%) ASP.NET
10 39 (5.15%) Rendezvous
11 37 (4.89%) ASP.NET Core
12 35 (4.62%) Middleware
13 34 (4.49%) XML
14 30 (3.96%) Protocol Buffers
14 30 (3.96%) Spring
15 28 (3.70%) gRPC
16 27 (3.57%) Pandas
17 24 (3.17%) RESTful
18 22 (2.91%) NumPy
19 21 (2.77%) WPF
Miscellaneous
1 277 (36.59%) Foreign Exchange (FX)
2 265 (35.01%) Equities
3 243 (32.10%) Derivative
4 136 (17.97%) Hedge funds
5 54 (7.13%) Greenfield Project
6 51 (6.74%) Algorithms
7 43 (5.68%) Credit Derivative
8 36 (4.76%) User Experience
9 33 (4.36%) Credit Risk
10 28 (3.70%) Data Structures
10 28 (3.70%) OTC Derivatives
11 21 (2.77%) Market Risk
12 20 (2.64%) Equity Derivative
13 17 (2.25%) Management Information System
14 15 (1.98%) Legacy Systems
15 13 (1.72%) Data Protection Act
16 11 (1.45%) Virtual Team
17 8 (1.06%) Data Centre
17 8 (1.06%) Eurex
18 7 (0.92%) Enterprise Software
Operating Systems
1 63 (8.32%) Linux
2 54 (7.13%) Unix
3 40 (5.28%) Windows
4 2 (0.26%) Android
4 2 (0.26%) Apple iOS
4 2 (0.26%) Solaris
Processes & Methodologies
1 292 (38.57%) Agile Software Development
2 187 (24.70%) Electronic Trading
3 184 (24.31%) Asset Management
4 175 (23.12%) Software Engineering
5 145 (19.15%) Investment Management
6 135 (17.83%) Full Stack Development
7 128 (16.91%) Multithreading
8 127 (16.78%) Analytics
9 94 (12.42%) Low Latency
10 74 (9.78%) Test Automation
11 68 (8.98%) Workflow
12 65 (8.59%) Microservices
13 62 (8.19%) Business Analysis
14 61 (8.06%) Front End Development
14 61 (8.06%) Multithreaded Programming
14 61 (8.06%) Problem-Solving
15 57 (7.53%) DevOps
16 48 (6.34%) Fintech
17 45 (5.94%) Migration
18 44 (5.81%) TDD
Programming Languages
1 342 (45.18%) Java
2 209 (27.61%) SQL
3 207 (27.34%) Python
4 167 (22.06%) JavaScript
5 129 (17.04%) TypeScript
6 95 (12.55%) C#
7 73 (9.64%) C++
8 51 (6.74%) Kotlin
9 23 (3.04%) Scala
10 20 (2.64%) Java 9
11 13 (1.72%) Java 8
11 13 (1.72%) T-SQL
12 11 (1.45%) Perl
13 8 (1.06%) Bash
14 7 (0.92%) Shell Script
14 7 (0.92%) VBA
15 6 (0.79%) Java 11
16 4 (0.53%) MATLAB
16 4 (0.53%) PL/SQL
17 3 (0.40%) ES6
Qualifications
1 21 (2.77%) Degree
2 7 (0.92%) PMP
3 5 (0.66%) Computer Science Degree
3 5 (0.66%) PhD
4 2 (0.26%) Numerate Degree
4 2 (0.26%) PMI Certification
5 1 (0.13%) MBA
5 1 (0.13%) Sun Certification
Quality Assurance & Compliance
1 43 (5.68%) QA
2 23 (3.04%) Dodd-Frank
3 17 (2.25%) MiFID
4 16 (2.11%) EMIR
5 14 (1.85%) IFRS
5 14 (1.85%) PMO
6 12 (1.59%) GAAP
7 8 (1.06%) IFRS 9
8 6 (0.79%) FRS 29
9 4 (0.53%) Data Quality
9 4 (0.53%) GDPR
10 3 (0.40%) UCITS
11 1 (0.13%) Basel II
11 1 (0.13%) COREP
System Software
1 73 (9.64%) Docker
2 2 (0.26%) Apache ZooKeeper
3 1 (0.13%) Platform Symphony
Systems Management
1 57 (7.53%) Terraform
2 40 (5.28%) Kubernetes
3 21 (2.77%) ITRS Geneos
4 20 (2.64%) BladeLogic
5 2 (0.26%) Control-M
6 1 (0.13%) Grafana
6 1 (0.13%) Tivoli
6 1 (0.13%) WebSphere Cast Iron
Vendors
1 128 (16.91%) ION Trading
2 75 (9.91%) Oracle
3 61 (8.06%) Bloomberg
4 49 (6.47%) TIBCO
5 23 (3.04%) Tradeweb
6 21 (2.77%) Reuters
7 15 (1.98%) MarketAxess
7 15 (1.98%) Murex
8 12 (1.59%) Microsoft
9 11 (1.45%) Sybase
10 9 (1.19%) Fidessa
11 8 (1.06%) Telerik
12 6 (0.79%) Atlassian
12 6 (0.79%) DevExpress
13 5 (0.66%) Charles River
13 5 (0.66%) SimCorp
14 4 (0.53%) SAP
14 4 (0.53%) SunGard
15 3 (0.40%) Rogue Wave
15 3 (0.40%) Salesforce.com