Period
to 11 November 2019

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 11 November 2019 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
11 Nov 2019
Same period 2018 Same period 2017
Rank 183 136 110
Rank change year-on-year -47 -26 +65
Contract jobs citing Fixed Income 500 950 1,158
As % of all contract IT jobs advertised in London 1.40% 2.09% 2.49%
As % of the Miscellaneous category 4.16% 5.82% 6.60%
Number of daily rates quoted 238 724 879
London median daily rate £625 £625 £600
Median daily rate % change year-on-year - +4.17% -
10th Percentile £471 £488 £475
90th Percentile £775 £750 £725
England median daily rate £625 £625 £600
% change year-on-year - +4.17% -
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England 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 London with a requirement for generic IT skills.

All Generic IT Skills
London
Contract vacancies with a requirement for generic IT skills 12,014 16,325 17,542
As % of all contract IT jobs advertised in London 33.57% 35.93% 37.69%
Number of daily rates quoted 8,358 11,650 12,425
London median daily rate £525 £525 £500
Median daily rate % change year-on-year - +5.00% +5.26%
10th Percentile £313 £313 £310
90th Percentile £700 £700 £681
England median daily rate £475 £475 £450
% change year-on-year - +5.56% +5.88%
Number of hourly rates quoted 180 267 224
London median hourly rate £22.97 £23.50 £21.35
Median hourly rate % change year-on-year -2.28% +10.07% +12.28%
10th Percentile £12.73 £13.00 £12.75
90th Percentile £53.00 £54.10 £47.50
England median hourly rate £22.50 £20.12 £20.00
% change year-on-year +11.82% +0.61% -

Fixed Income
Job Vacancy Trend in London

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

Job vacancy trend for Fixed Income in London

Fixed Income
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Fixed Income in London.

Contractor daily rate trend for Fixed Income in London

Fixed Income
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Fixed Income in London over the 6 months to 11 November 2019.

Contractor daily rate histogram for Fixed Income in London

Fixed Income
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Fixed Income in London.

Contractor 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 11 November 2019. 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 -50 68 £650 +4.00% 21
East London +20 1 £550 +18.92% 1
West London - 1 £550 - 1
Fixed Income
England

For the 6 months to 11 November 2019, 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.

1 347 (69.40%) Front Office
2 340 (68.00%) Finance
3 309 (61.80%) Java
4 298 (59.60%) Agile Software Development
5 271 (54.20%) Derivative
6 267 (53.40%) Software Engineering
7 256 (51.20%) Asset Management
8 238 (47.60%) Python
9 225 (45.00%) AWS
10 214 (42.80%) Web Services
11 195 (39.00%) Foreign Exchange (FX)
12 189 (37.80%) C#
13 165 (33.00%) JavaScript
14 157 (31.40%) SQL
14 157 (31.40%) Equities
15 154 (30.80%) React
16 144 (28.80%) Banking
17 127 (25.40%) C++
18 117 (23.40%) AngularJS
19 108 (21.60%) Microservices
19 108 (21.60%) Investment Management
20 101 (20.20%) Docker
21 100 (20.00%) Node.js
22 99 (19.80%) J2EE
23 92 (18.40%) Analytics
24 89 (17.80%) R
25 87 (17.40%) Amazon S3
25 87 (17.40%) Portfolio Management
26 84 (16.80%) Greenfield Project
27 83 (16.60%) Amazon RDS

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 16 (3.20%) Apache Spark
2 8 (1.60%) Confluence
3 5 (1.00%) Jupyter
4 2 (0.40%) IBM HTTP Server
Applications
1 11 (2.20%) Microsoft Excel
2 5 (1.00%) Microsoft PowerPoint
2 5 (1.00%) MS Visio
3 3 (0.60%) Microsoft Office
3 3 (0.60%) Spreadsheet
Business Applications
1 39 (7.80%) FINCAD Analytics
2 9 (1.80%) thinkFolio
3 6 (1.20%) Markit EDM
4 5 (1.00%) ION MarketView
4 5 (1.00%) PolarLake
5 4 (0.80%) SimCorp Dimension
6 2 (0.40%) Bloomberg AIM
7 1 (0.20%) Bloomberg TOMS
7 1 (0.20%) Eagle PACE
7 1 (0.20%) Eze OMS
7 1 (0.20%) LatentZero
7 1 (0.20%) LongView
7 1 (0.20%) Minerva
Cloud Services
1 225 (45.00%) AWS
2 87 (17.40%) Amazon S3
3 63 (12.60%) AWS Lambda
3 63 (12.60%) Serverless
4 61 (12.20%) Azure
5 56 (11.20%) Amazon SQS
6 48 (9.60%) GCP
7 46 (9.20%) GitHub
8 42 (8.40%) Amazon ECS
9 38 (7.60%) OpenShift
10 37 (7.40%) Amazon EC2
10 37 (7.40%) AWS CloudFormation
11 11 (2.20%) Power Platform
12 5 (1.00%) PaaS
13 3 (0.60%) Amazon EMR
13 3 (0.60%) Cloud Computing
14 2 (0.40%) Office 365
15 1 (0.20%) npm
15 1 (0.20%) SaaS
15 1 (0.20%) Yarn
Communications & Networking
1 2 (0.40%) HTTP
2 1 (0.20%) FIX Connectivity
Database & Business Intelligence
1 83 (16.60%) Amazon RDS
2 80 (16.00%) Amazon Athena
3 59 (11.80%) Amazon DynamoDB
4 58 (11.60%) Amazon Redshift
5 52 (10.40%) NoSQL
6 45 (9.00%) SQL Server
7 44 (8.80%) Amazon Aurora
8 41 (8.20%) Relational Database
9 40 (8.00%) PostgreSQL
10 37 (7.40%) MongoDB
11 23 (4.60%) RDBMS
12 18 (3.60%) Apache Cassandra
12 18 (3.60%) Redis
13 17 (3.40%) DB2
13 17 (3.40%) Hadoop
13 17 (3.40%) SQL Server Integration Services
14 15 (3.00%) Couchbase
14 15 (3.00%) HBase
14 15 (3.00%) MariaDB
14 15 (3.00%) Neo4j
Development Applications
1 64 (12.80%) RStudio
2 38 (7.60%) Artifactory
3 33 (6.60%) JIRA
4 24 (4.80%) TeamCity
5 12 (2.40%) Git (software)
6 10 (2.00%) Jenkins
6 10 (2.00%) Maven
7 9 (1.80%) NUnit
8 6 (1.20%) JUnit
9 4 (0.80%) Cucumber
9 4 (0.80%) Mockito
10 3 (0.60%) Bitbucket
11 2 (0.40%) Octopus Deploy
11 2 (0.40%) Team Foundation Server
11 2 (0.40%) webpack
12 1 (0.20%) Atlassian Bamboo
12 1 (0.20%) Jasmine
12 1 (0.20%) Karma Test Runner
12 1 (0.20%) SpecFlow
12 1 (0.20%) Subversion
General
1 347 (69.40%) Front Office
2 340 (68.00%) Finance
3 144 (28.80%) Banking
4 77 (15.40%) Investment Banking
5 14 (2.80%) Back Office
6 13 (2.60%) Financial Institution
7 11 (2.20%) Legal
8 7 (1.40%) Retail
9 4 (0.80%) Advertising
9 4 (0.80%) Prime Brokerage
10 2 (0.40%) International Banking
11 1 (0.20%) Marketing
Job Titles
1 274 (54.80%) Developer
2 127 (25.40%) Java Developer
3 97 (19.40%) Senior Developer
4 92 (18.40%) Software Engineer
5 80 (16.00%) AWS Developer
6 70 (14.00%) AWS Engineer
7 64 (12.80%) Analyst
7 64 (12.80%) AWS Software Engineer
8 56 (11.20%) Lead Developer
9 49 (9.80%) Architect
10 46 (9.20%) React Developer
11 39 (7.80%) Python Developer
11 39 (7.80%) Senior Java Developer
12 36 (7.20%) C# Developer
13 33 (6.60%) Business Analyst
14 32 (6.40%) AWS Architect
14 32 (6.40%) Front Office Developer
14 32 (6.40%) Lead Software Engineer
14 32 (6.40%) SQL Developer
15 28 (5.60%) Senior Software Engineer
Libraries, Frameworks & Software Standards
1 214 (42.80%) Web Services
2 154 (30.80%) React
3 117 (23.40%) AngularJS
4 100 (20.00%) Node.js
5 99 (19.80%) J2EE
6 64 (12.80%) .NET
7 31 (6.20%) Vue.js
8 30 (6.00%) REST
9 28 (5.60%) Spring
10 26 (5.20%) WPF
11 25 (5.00%) Hibernate
12 21 (4.20%) J2SE
12 21 (4.20%) NumPy
12 21 (4.20%) SciPy
13 19 (3.80%) Redux
14 18 (3.60%) CSS
14 18 (3.60%) FIX Protocol
15 17 (3.40%) Pandas
16 13 (2.60%) WCF
16 13 (2.60%) XML
Miscellaneous
1 271 (54.20%) Derivative
2 195 (39.00%) Foreign Exchange (FX)
3 157 (31.40%) Equities
4 84 (16.80%) Greenfield Project
5 67 (13.40%) Equity Derivative
6 63 (12.60%) Hedge funds
7 35 (7.00%) Reference Data
8 32 (6.40%) Analytical Skills
9 29 (5.80%) Virtual Team
10 27 (5.40%) Blog
11 20 (4.00%) Algorithms
12 19 (3.80%) Credit Risk
13 18 (3.60%) Public Cloud
14 15 (3.00%) User Experience
15 14 (2.80%) Market Risk
16 13 (2.60%) Data Structures
17 10 (2.00%) Credit Derivative
18 9 (1.80%) OTC Derivatives
19 7 (1.40%) Cloud Native
19 7 (1.40%) Self-Motivation
Operating Systems
1 24 (4.80%) Linux
2 18 (3.60%) Windows
3 12 (2.40%) Unix
4 4 (0.80%) Solaris
4 4 (0.80%) Windows 10
4 4 (0.80%) Windows NT
Processes & Methodologies
1 298 (59.60%) Agile Software Development
2 267 (53.40%) Software Engineering
3 256 (51.20%) Asset Management
4 108 (21.60%) Investment Management
4 108 (21.60%) Microservices
5 92 (18.40%) Analytics
6 87 (17.40%) Portfolio Management
7 79 (15.80%) Front End Development
8 68 (13.60%) Decision-Making
8 68 (13.60%) Mentoring
9 65 (13.00%) Fund Management
10 52 (10.40%) Quantitative Analysis
11 49 (9.80%) Open Source
12 47 (9.40%) TDD
13 46 (9.20%) Migration
14 43 (8.60%) DevOps
15 42 (8.40%) Workflow
16 41 (8.20%) Multithreading
17 38 (7.60%) Electronic Trading
17 38 (7.60%) Problem-Solving
Programming Languages
1 309 (61.80%) Java
2 238 (47.60%) Python
3 189 (37.80%) C#
4 165 (33.00%) JavaScript
5 157 (31.40%) SQL
6 127 (25.40%) C++
7 89 (17.80%) R
8 19 (3.80%) TypeScript
9 17 (3.40%) Kotlin
9 17 (3.40%) Scala
10 13 (2.60%) C
11 8 (1.60%) T-SQL
11 8 (1.60%) VBA
12 7 (1.40%) Java 8
13 5 (1.00%) Perl
14 3 (0.60%) Data Analysis Expressions (DAX)
15 2 (0.40%) Go
15 2 (0.40%) Haskell
15 2 (0.40%) Shell Script
16 1 (0.20%) MATLAB
Qualifications
1 28 (5.60%) Degree
2 13 (2.60%) AWS Certification
3 5 (1.00%) CFA
3 5 (1.00%) Master's Degree
3 5 (1.00%) Numerate Degree
4 3 (0.60%) ISEB
4 3 (0.60%) ISTQB
5 2 (0.40%) Computer Science Degree
6 1 (0.20%) ITIL Certification
Quality Assurance & Compliance
1 11 (2.20%) QA
2 7 (1.40%) Data Quality
3 4 (0.80%) EMIR
3 4 (0.80%) UCITS
4 3 (0.60%) MiFID
5 2 (0.40%) AIFMD
6 1 (0.20%) PMO
System Software
1 101 (20.20%) Docker
2 2 (0.40%) Apache ZooKeeper
Systems Management
1 55 (11.00%) Kubernetes
2 42 (8.40%) Terraform
3 2 (0.40%) ITRS Geneos
4 1 (0.20%) Control-M
Vendors
1 71 (14.20%) Bloomberg
2 58 (11.60%) Oracle
3 53 (10.60%) Reuters
4 33 (6.60%) Sybase
5 19 (3.80%) Microsoft
6 17 (3.40%) Charles River
7 15 (3.00%) Google
8 7 (1.40%) Tableau
9 6 (1.20%) ION Trading
10 5 (1.00%) SimCorp
10 5 (1.00%) TIBCO
11 4 (0.80%) CA
11 4 (0.80%) FIS
11 4 (0.80%) Murex
11 4 (0.80%) SmartStream
12 3 (0.60%) Cognos
12 3 (0.60%) Eze Software Group
12 3 (0.60%) MicroStrategy
13 2 (0.40%) FactSet
14 1 (0.20%) BISAM