Period
to 1 August 2021

The table below looks at the prevalence of the term Fixed Income in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Fixed Income over the 6 months to 1 August 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
England > London
6 months to
1 Aug 2021
Same period 2020 Same period 2019
Rank 127 55 239
Rank change year-on-year -72 +184 -86
Contract jobs citing Fixed Income 647 726 466
As % of all contract jobs advertised in London 2.15% 4.61% 1.16%
As % of the Miscellaneous category 6.43% 13.13% 3.61%
Number of daily rates quoted 504 658 253
10th Percentile £488 £500 £463
25th Percentile £550 £550 £563
Median daily rate (50th Percentile) £650 £650 £635
Median % change year-on-year - +2.36% +1.60%
75th Percentile £750 £763 £700
90th Percentile £800 £816 £763
England median daily rate £650 £650 £625
% change year-on-year - +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 London with a requirement for generic IT skills.

All Generic IT Skills
London
Contract vacancies with a requirement for generic IT skills 10,063 5,529 12,924
As % of all contract IT jobs advertised in London 33.41% 35.10% 32.14%
Number of daily rates quoted 7,094 4,065 9,237
10th Percentile £362 £325 £325
25th Percentile £450 £425 £420
Median daily rate (50th Percentile) £550 £540 £525
Median % change year-on-year +1.85% +2.86% +1.94%
75th Percentile £675 £650 £625
90th Percentile £750 £750 £700
England median daily rate £513 £500 £475
% change year-on-year +2.50% +5.26% -
Number of hourly rates quoted 152 85 187
10th Percentile £14.27 £14.11 £12.76
25th Percentile £20.00 £24.35 £16.25
Median hourly rate £32.00 £38.50 £24.50
Median % change year-on-year -16.88% +57.14% +4.26%
75th Percentile £45.53 £47.75 £47.25
90th Percentile £58.63 £55.10 £52.70
England median hourly rate £24.47 £26.50 £20.50
% change year-on-year -7.66% +29.27% -10.68%

Fixed Income
Job Vacancy Trend in London

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

Job vacancy trend for Fixed Income in London

Fixed Income
Contractor Daily Rate Trend in London

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

Daily rate trend for Fixed Income in London

Fixed Income
Daily Rate Histogram in London

Daily rate distribution for jobs citing Fixed Income in London over the 6 months to 1 August 2021.

Daily rate histogram for Fixed Income in London

Fixed Income
Contractor Hourly Rate Trend in London

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

Hourly rate trend for Fixed Income in London

Fixed Income
Contract Job Locations in London

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 London region over the 6 months to 1 August 2021. 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
Central London +16 130 £688 +5.77% 26
Fixed Income
England

For the 6 months to 1 August 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 London region with a requirement for Fixed Income.

1 360 (55.64%) Front Office
2 334 (51.62%) Finance
3 332 (51.31%) Java
4 278 (42.97%) Agile Software Development
5 252 (38.95%) Banking
6 233 (36.01%) SQL
7 212 (32.77%) Equities
8 207 (31.99%) Foreign Exchange (FX)
9 197 (30.45%) Derivative
10 191 (29.52%) Python
11 171 (26.43%) Investment Banking
12 153 (23.65%) Electronic Trading
13 148 (22.87%) Analytics
14 145 (22.41%) JavaScript
15 141 (21.79%) C#
16 136 (21.02%) AWS
17 134 (20.71%) Asset Management
18 128 (19.78%) Full Stack Development
19 116 (17.93%) React
20 115 (17.77%) Software Engineering
21 113 (17.47%) AngularJS
22 112 (17.31%) Multithreading
22 112 (17.31%) .NET
23 110 (17.00%) C++
24 107 (16.54%) Social Skills
25 105 (16.23%) Oracle
25 105 (16.23%) Azure
26 97 (14.99%) Investment Management
27 86 (13.29%) TDD
28 84 (12.98%) ION Trading

Fixed Income
Co-occurring IT Skills in 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 18 (2.78%) Apache
2 11 (1.70%) Apache Airflow
2 11 (1.70%) Red Hat Fuse
3 10 (1.55%) Oracle SOA Suite
4 9 (1.39%) Confluence
5 8 (1.24%) Apache Spark
6 7 (1.08%) JBoss
7 6 (0.93%) Oracle Workflow
7 6 (0.93%) Tomcat
8 5 (0.77%) Mule
9 2 (0.31%) Jupyter
9 2 (0.31%) nginx
9 2 (0.31%) WebLogic
10 1 (0.15%) Elasticsearch
10 1 (0.15%) GemFire
10 1 (0.15%) Oracle Coherence
10 1 (0.15%) SAS
Applications
1 22 (3.40%) Microsoft Excel
2 4 (0.62%) Spreadsheet
3 2 (0.31%) Microsoft PowerPoint
3 2 (0.31%) MS Visio
Business Applications
1 26 (4.02%) ION MarketView
2 17 (2.63%) SunGard Martini
3 9 (1.39%) Summit
4 6 (0.93%) Oracle Assets
4 6 (0.93%) Oracle EBS
4 6 (0.93%) Oracle E-Business Tax
4 6 (0.93%) Oracle FAH
4 6 (0.93%) Oracle Financials
4 6 (0.93%) Oracle General Ledger
4 6 (0.93%) Oracle Internet Expenses
4 6 (0.93%) Oracle iProcurement
4 6 (0.93%) Oracle Payables
4 6 (0.93%) Oracle Receivables
4 6 (0.93%) Oracle Subledger Accounting
5 5 (0.77%) thinkFolio
6 3 (0.46%) Bloomberg TOMS
6 3 (0.46%) Eikon
6 3 (0.46%) Markit EDM
6 3 (0.46%) SAP S/4HANA
7 2 (0.31%) Eagle PACE
Cloud Services
1 136 (21.02%) AWS
2 105 (16.23%) Azure
3 54 (8.35%) GCP
4 34 (5.26%) Amazon S3
4 34 (5.26%) AWS Lambda
4 34 (5.26%) Serverless
5 33 (5.10%) Amazon EC2
6 10 (1.55%) OpenShift
7 1 (0.15%) Amazon ECS
7 1 (0.15%) Amazon EKS
7 1 (0.15%) AWS CloudFormation
7 1 (0.15%) Azure Data Factory
7 1 (0.15%) GitHub
7 1 (0.15%) NuGet
7 1 (0.15%) Smartsheet
7 1 (0.15%) Snowflake
Communications & Networking
1 15 (2.32%) TCP/IP
2 14 (2.16%) SSL
3 9 (1.39%) FIX Connectivity
4 6 (0.93%) BGP
5 2 (0.31%) Multicast
6 1 (0.15%) Firewall
Database & Business Intelligence
1 72 (11.13%) SQL Server
2 44 (6.80%) Relational Database
3 36 (5.56%) Amazon DynamoDB
4 33 (5.10%) NoSQL
5 21 (3.25%) Tableau
5 21 (3.25%) Tableau Desktop
5 21 (3.25%) Tableau Server
6 20 (3.09%) Oracle Database
7 19 (2.94%) MongoDB
7 19 (2.94%) Redis
8 16 (2.47%) Hazelcast
8 16 (2.47%) Oracle Database 12c
9 14 (2.16%) RDBMS
10 10 (1.55%) Amazon Athena
10 10 (1.55%) Apache Ignite
11 8 (1.24%) Big Data
11 8 (1.24%) MySQL
12 6 (0.93%) Metadata
12 6 (0.93%) Oracle BI EE
13 5 (0.77%) Apache Cassandra
Development Applications
1 72 (11.13%) Git (software)
2 62 (9.58%) JIRA
3 39 (6.03%) Subversion
4 27 (4.17%) TeamCity
5 22 (3.40%) Octopus Deploy
6 21 (3.25%) Jenkins
7 20 (3.09%) Oracle APEX
8 19 (2.94%) JUnit
9 17 (2.63%) Cucumber
9 17 (2.63%) Visual Studio
10 16 (2.47%) CppUnit
10 16 (2.47%) Maven
11 13 (2.01%) Moq
12 11 (1.70%) Bitbucket
13 7 (1.08%) Selenium
14 6 (0.93%) Atlassian Bamboo
14 6 (0.93%) Eclipse
15 5 (0.77%) FishEye
15 5 (0.77%) Hudson
15 5 (0.77%) NUnit
General
1 360 (55.64%) Front Office
2 334 (51.62%) Finance
3 252 (38.95%) Banking
4 171 (26.43%) Investment Banking
5 107 (16.54%) Social Skills
6 65 (10.05%) Analytical Skills
7 17 (2.63%) Legal
8 14 (2.16%) Back Office
9 11 (1.70%) Financial Institution
10 9 (1.39%) Influencing Skills
11 5 (0.77%) Organisational Skills
12 4 (0.62%) Advertising
12 4 (0.62%) Presentation Skills
12 4 (0.62%) Public Speaking
13 3 (0.46%) General Ledger
13 3 (0.46%) Private Banking
14 2 (0.31%) Marketing
14 2 (0.31%) Retail
15 1 (0.15%) Manufacturing
15 1 (0.15%) Prime Brokerage
Job Titles
1 447 (69.09%) Developer
2 180 (27.82%) Java Developer
3 131 (20.25%) Front Office Developer
4 109 (16.85%) Analyst
5 72 (11.13%) Python Developer
6 68 (10.51%) JavaScript Developer
7 64 (9.89%) Electronic Trading Developer
7 64 (9.89%) Senior Developer
8 59 (9.12%) C# Developer
9 49 (7.57%) Electronic Trading Java Developer
10 45 (6.96%) Business Analyst
11 44 (6.80%) Software Engineer
12 43 (6.65%) .NET Developer
12 43 (6.65%) Developer/Software Engineer
12 43 (6.65%) Senior Java Developer
13 39 (6.03%) Python Engineer
14 38 (5.87%) C++ Developer
15 36 (5.56%) Full Stack Developer
15 36 (5.56%) Investment Banking Java Developer
15 36 (5.56%) React Developer
Libraries, Frameworks & Software Standards
1 116 (17.93%) React
2 113 (17.47%) AngularJS
3 112 (17.31%) .NET
4 83 (12.83%) Web Services
5 57 (8.81%) Node.js
5 57 (8.81%) Vue.js
6 50 (7.73%) Spring
7 49 (7.57%) Middleware
8 40 (6.18%) XML
9 37 (5.72%) Spring Boot
10 36 (5.56%) RESTful
11 33 (5.10%) FIX Protocol
12 29 (4.48%) REST
13 28 (4.33%) GraphQL
14 25 (3.86%) ASP.NET Web API
15 24 (3.71%) .NET Core
15 24 (3.71%) Kafka
16 22 (3.40%) HTML
17 20 (3.09%) Rendezvous
18 19 (2.94%) HTML5
Miscellaneous
1 212 (32.77%) Equities
2 207 (31.99%) Foreign Exchange (FX)
3 197 (30.45%) Derivative
4 70 (10.82%) Hedge funds
5 55 (8.50%) Algorithms
6 40 (6.18%) Greenfield Project
7 35 (5.41%) Credit Risk
8 34 (5.26%) Data Structures
9 25 (3.86%) Self-Motivation
10 21 (3.25%) User Experience
11 20 (3.09%) Legacy Systems
12 17 (2.63%) Market Risk
13 15 (2.32%) Data Protection Act
14 12 (1.85%) Reference Data
15 11 (1.70%) Enterprise Software
16 10 (1.55%) Credit Derivative
16 10 (1.55%) Equity Derivative
17 8 (1.24%) OTC Derivatives
18 6 (0.93%) Management Information System
19 5 (0.77%) Analytical Mindset
Operating Systems
1 77 (11.90%) Linux
2 45 (6.96%) Unix
3 27 (4.17%) Windows
4 1 (0.15%) CentOS
4 1 (0.15%) Red Hat Enterprise Linux
4 1 (0.15%) Solaris
4 1 (0.15%) Ubuntu
Processes & Methodologies
1 278 (42.97%) Agile Software Development
2 153 (23.65%) Electronic Trading
3 148 (22.87%) Analytics
4 134 (20.71%) Asset Management
5 128 (19.78%) Full Stack Development
6 115 (17.77%) Software Engineering
7 112 (17.31%) Multithreading
8 97 (14.99%) Investment Management
9 86 (13.29%) TDD
10 81 (12.52%) Test Automation
11 79 (12.21%) Low Latency
12 73 (11.28%) SDLC
13 71 (10.97%) Problem-Solving
14 67 (10.36%) DevOps
15 56 (8.66%) Multithreaded Programming
16 49 (7.57%) Microservices
17 45 (6.96%) Scrum
18 34 (5.26%) Risk Analytics
19 33 (5.10%) BDD
19 33 (5.10%) Continuous Integration
Programming Languages
1 332 (51.31%) Java
2 233 (36.01%) SQL
3 191 (29.52%) Python
4 145 (22.41%) JavaScript
5 141 (21.79%) C#
6 110 (17.00%) C++
7 82 (12.67%) TypeScript
8 61 (9.43%) Kotlin
9 45 (6.96%) Scala
10 29 (4.48%) Java 8
10 29 (4.48%) Java 9
11 19 (2.94%) VBA
12 16 (2.47%) Perl
13 15 (2.32%) R
14 12 (1.85%) C
14 12 (1.85%) Haskell
14 12 (1.85%) PL/SQL
15 8 (1.24%) Shell Script
16 6 (0.93%) Go
16 6 (0.93%) T-SQL
Qualifications
1 32 (4.95%) Degree
2 5 (0.77%) Sun Certification
3 3 (0.46%) Master's Degree
4 2 (0.31%) Computer Science Degree
4 2 (0.31%) ISEB
5 1 (0.15%) CFA
5 1 (0.15%) ISTQB
5 1 (0.15%) PhD
5 1 (0.15%) SC Cleared
5 1 (0.15%) Security Cleared
Quality Assurance & Compliance
1 14 (2.16%) QA
2 13 (2.01%) PMO
3 9 (1.39%) Data Quality
4 8 (1.24%) MiFID
5 7 (1.08%) SLA
6 6 (0.93%) GDPR
7 4 (0.62%) Dodd-Frank
7 4 (0.62%) EMIR
7 4 (0.62%) UCITS
8 3 (0.46%) IFRS
8 3 (0.46%) IFRS 9
9 1 (0.15%) AIFMD
System Software
1 39 (6.03%) Docker
2 4 (0.62%) Platform Symphony
3 1 (0.15%) Apache ZooKeeper
Systems Management
1 27 (4.17%) Kubernetes
2 9 (1.39%) Terraform
3 2 (0.31%) Ansible
3 2 (0.31%) Control-M
4 1 (0.15%) Hadoop YARN
4 1 (0.15%) Oozie
4 1 (0.15%) Opscode Chef
4 1 (0.15%) Packer
4 1 (0.15%) Puppet
Vendors
1 105 (16.23%) Oracle
2 84 (12.98%) ION Trading
3 43 (6.65%) Bloomberg
4 33 (5.10%) TIBCO
5 19 (2.94%) Microsoft
6 18 (2.78%) FIS
7 17 (2.63%) SunGard
8 16 (2.47%) Murex
9 12 (1.85%) DevExpress
9 12 (1.85%) Sybase
10 10 (1.55%) Solace
11 9 (1.39%) Atlassian
11 9 (1.39%) RedGate
12 7 (1.08%) MarketAxess
13 6 (0.93%) Tradeweb
14 5 (0.77%) Charles River
14 5 (0.77%) Refinitiv
15 4 (0.62%) eSpeed
15 4 (0.62%) IBM
15 4 (0.62%) Perforce