Period
to 11 May 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 11 May 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
11 May 2021
Same period 2020 Same period 2019
Rank 120 97 218
Rank change year-on-year -23 +121 -48
Contract jobs citing Fixed Income 501 566 548
As % of all contract jobs advertised in London 2.14% 2.67% 1.33%
As % of the Miscellaneous category 6.46% 8.34% 4.18%
Number of daily rates quoted 381 504 369
10th Percentile £463 £500 £500
25th Percentile £550 £550 £575
Median daily rate (50th Percentile) £650 £650 £638
Median % change year-on-year - +1.96% +2.00%
75th Percentile £750 £750 £700
90th Percentile £800 £800 £775
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 7,758 6,785 13,118
As % of all contract IT jobs advertised in London 33.16% 31.96% 31.82%
Number of daily rates quoted 5,436 4,923 9,380
10th Percentile £347 £310 £325
25th Percentile £425 £413 £420
Median daily rate (50th Percentile) £530 £525 £525
Median % change year-on-year +0.95% - +5.00%
75th Percentile £650 £638 £625
90th Percentile £738 £725 £700
England median daily rate £500 £475 £475
% change year-on-year +5.26% - -
Number of hourly rates quoted 128 116 197
10th Percentile £15.95 £13.75 £13.06
25th Percentile £21.53 £18.00 £18.56
Median hourly rate £31.82 £29.61 £24.95
Median % change year-on-year +7.46% +18.68% +8.71%
75th Percentile £47.50 £47.41 £38.75
90th Percentile £59.83 £53.38 £51.13
England median hourly rate £26.00 £21.50 £21.00
% change year-on-year +20.93% +2.38% -2.33%

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 11 May 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 11 May 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 +47 89 £675 - 19
Fixed Income
England

For the 6 months to 11 May 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.

1 298 (59.48%) Front Office
2 263 (52.50%) Finance
3 246 (49.10%) Java
4 242 (48.30%) Agile Software Development
5 181 (36.13%) Equities
6 180 (35.93%) Banking
7 178 (35.53%) Derivative
8 165 (32.93%) Python
9 149 (29.74%) SQL
10 148 (29.54%) Foreign Exchange (FX)
11 137 (27.35%) JavaScript
12 134 (26.75%) Investment Banking
13 132 (26.35%) AWS
14 128 (25.55%) Electronic Trading
15 120 (23.95%) Analytics
16 118 (23.55%) Software Engineering
17 115 (22.95%) React
18 109 (21.76%) AngularJS
18 109 (21.76%) Asset Management
19 106 (21.16%) C#
20 101 (20.16%) Web Services
20 101 (20.16%) Investment Management
21 90 (17.96%) .NET
22 88 (17.56%) Azure
23 69 (13.77%) C++
23 69 (13.77%) Git (software)
23 69 (13.77%) Vue.js
24 67 (13.37%) Multithreading
25 66 (13.17%) TDD
26 62 (12.38%) Hedge funds

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 23 (4.59%) Apache
2 18 (3.59%) Red Hat Fuse
3 17 (3.39%) Apache Spark
4 14 (2.79%) Mule
5 13 (2.59%) JBoss
6 11 (2.20%) Confluence
7 7 (1.40%) Oracle SOA Suite
8 3 (0.60%) WebLogic
9 2 (0.40%) Jupyter
9 2 (0.40%) Tomcat
10 1 (0.20%) Oracle Coherence
Applications
1 15 (2.99%) Microsoft Excel
2 2 (0.40%) Microsoft PowerPoint
2 2 (0.40%) MS Visio
3 1 (0.20%) Spreadsheet
Business Applications
1 14 (2.79%) ION MarketView
2 11 (2.20%) SunGard Martini
3 9 (1.80%) Summit
4 6 (1.20%) Oracle Assets
4 6 (1.20%) Oracle EBS
4 6 (1.20%) Oracle E-Business Tax
4 6 (1.20%) Oracle FAH
4 6 (1.20%) Oracle Financials
4 6 (1.20%) Oracle General Ledger
4 6 (1.20%) Oracle Internet Expenses
4 6 (1.20%) Oracle iProcurement
4 6 (1.20%) Oracle Payables
4 6 (1.20%) Oracle Receivables
4 6 (1.20%) Oracle Subledger Accounting
5 5 (1.00%) thinkFolio
6 4 (0.80%) Markit EDM
7 3 (0.60%) Bloomberg TOMS
7 3 (0.60%) SAP S/4HANA
8 2 (0.40%) Eagle PACE
8 2 (0.40%) FINCAD Analytics
Cloud Services
1 132 (26.35%) AWS
2 88 (17.56%) Azure
3 53 (10.58%) GCP
4 29 (5.79%) AWS Lambda
4 29 (5.79%) Serverless
5 27 (5.39%) Amazon EC2
5 27 (5.39%) Amazon S3
6 16 (3.19%) OpenShift
7 3 (0.60%) NuGet
8 1 (0.20%) Azure Data Factory
8 1 (0.20%) GitHub
8 1 (0.20%) IaaS
Communications & Networking
1 8 (1.60%) FIX Connectivity
1 8 (1.60%) TCP/IP
2 4 (0.80%) SSL
3 1 (0.20%) Firewall
3 1 (0.20%) Multicast
Database & Business Intelligence
1 55 (10.98%) SQL Server
2 31 (6.19%) Amazon DynamoDB
2 31 (6.19%) Relational Database
3 30 (5.99%) NoSQL
4 24 (4.79%) Tableau
5 21 (4.19%) Tableau Desktop
5 21 (4.19%) Tableau Server
6 18 (3.59%) Apache Ignite
7 16 (3.19%) MongoDB
8 14 (2.79%) MySQL
9 13 (2.59%) Oracle Database
10 11 (2.20%) Oracle Database 12c
11 6 (1.20%) Oracle BI EE
12 5 (1.00%) Apache Cassandra
12 5 (1.00%) KDB
13 4 (0.80%) RDBMS
14 3 (0.60%) Data Warehouse
14 3 (0.60%) Hazelcast
14 3 (0.60%) SQL Server 2012
15 2 (0.40%) Redis
Development Applications
1 69 (13.77%) Git (software)
2 46 (9.18%) JIRA
3 30 (5.99%) Subversion
4 21 (4.19%) Maven
4 21 (4.19%) Octopus Deploy
5 19 (3.79%) TeamCity
6 18 (3.59%) Cucumber
7 17 (3.39%) JUnit
8 16 (3.19%) Jenkins
9 14 (2.79%) Bitbucket
10 13 (2.59%) Atlassian Bamboo
10 13 (2.59%) Oracle APEX
11 12 (2.40%) Moq
11 12 (2.40%) Visual Studio
12 11 (2.20%) CppUnit
13 10 (2.00%) FishEye
13 10 (2.00%) Hudson
13 10 (2.00%) jMock
14 8 (1.60%) Selenium
15 6 (1.20%) NUnit
General
1 298 (59.48%) Front Office
2 263 (52.50%) Finance
3 180 (35.93%) Banking
4 134 (26.75%) Investment Banking
5 56 (11.18%) Social Skills
6 43 (8.58%) Analytical Skills
7 12 (2.40%) Back Office
8 10 (2.00%) Legal
9 7 (1.40%) Financial Institution
10 5 (1.00%) Retail
11 4 (0.80%) Advertising
11 4 (0.80%) Influencing Skills
11 4 (0.80%) Manufacturing
11 4 (0.80%) Private Banking
12 3 (0.60%) General Ledger
13 1 (0.20%) Marketing
13 1 (0.20%) Organisational Skills
13 1 (0.20%) Presentation Skills
13 1 (0.20%) Prime Brokerage
Job Titles
1 370 (73.85%) Developer
2 129 (25.75%) Java Developer
3 101 (20.16%) Front Office Developer
4 83 (16.57%) Python Developer
5 66 (13.17%) JavaScript Developer
6 60 (11.98%) Analyst
7 55 (10.98%) Developer/Software Engineer
7 55 (10.98%) Electronic Trading Developer
7 55 (10.98%) Software Engineer
8 48 (9.58%) Senior Developer
9 45 (8.98%) Electronic Trading Java Developer
10 40 (7.98%) Python Engineer
11 37 (7.39%) .NET Developer
12 34 (6.79%) C# Developer
13 33 (6.59%) Python Software Engineer
14 32 (6.39%) Senior Java Developer
15 31 (6.19%) Business Analyst
16 27 (5.39%) C++ Developer
17 21 (4.19%) JavaScript Engineer
18 20 (3.99%) Angular Developer
Libraries, Frameworks & Software Standards
1 115 (22.95%) React
2 109 (21.76%) AngularJS
3 101 (20.16%) Web Services
4 90 (17.96%) .NET
5 69 (13.77%) Vue.js
6 51 (10.18%) Middleware
7 43 (8.58%) Node.js
8 41 (8.18%) Spring
9 32 (6.39%) .NET Core
10 27 (5.39%) FIX Protocol
10 27 (5.39%) XML
11 26 (5.19%) ASP.NET Web API
11 26 (5.19%) REST
11 26 (5.19%) Shiny
12 20 (3.99%) HTML
13 19 (3.79%) Hibernate
13 19 (3.79%) Protocol Buffers
14 18 (3.59%) Apache Camel
14 18 (3.59%) HTML5
14 18 (3.59%) JMS
Miscellaneous
1 181 (36.13%) Equities
2 178 (35.53%) Derivative
3 148 (29.54%) Foreign Exchange (FX)
4 62 (12.38%) Hedge funds
5 46 (9.18%) Greenfield Project
6 28 (5.59%) Self-Motivation
7 26 (5.19%) Algorithms
8 19 (3.79%) Credit Risk
9 13 (2.59%) Data Structures
10 11 (2.20%) User Experience
11 9 (1.80%) Credit Derivative
12 8 (1.60%) Analytical Mindset
12 8 (1.60%) Equity Derivative
12 8 (1.60%) Market Risk
13 6 (1.20%) Enterprise Software
13 6 (1.20%) Reference Data
13 6 (1.20%) Virtual Team
14 5 (1.00%) Management Information System
15 2 (0.40%) N-Tier
15 2 (0.40%) OTC Derivatives
Operating Systems
1 46 (9.18%) Linux
2 31 (6.19%) Unix
3 18 (3.59%) Windows
4 2 (0.40%) CentOS
4 2 (0.40%) Ubuntu
5 1 (0.20%) Red Hat Enterprise Linux
Processes & Methodologies
1 242 (48.30%) Agile Software Development
2 128 (25.55%) Electronic Trading
3 120 (23.95%) Analytics
4 118 (23.55%) Software Engineering
5 109 (21.76%) Asset Management
6 101 (20.16%) Investment Management
7 67 (13.37%) Multithreading
8 66 (13.17%) TDD
9 61 (12.18%) SDLC
9 61 (12.18%) Test Automation
10 58 (11.58%) DevOps
10 58 (11.58%) Problem-Solving
11 51 (10.18%) Low Latency
12 44 (8.78%) Microservices
13 42 (8.38%) Multithreaded Programming
14 38 (7.58%) BDD
15 31 (6.19%) User Stories
16 30 (5.99%) Scrum
17 28 (5.59%) Migration
18 26 (5.19%) OO
Programming Languages
1 246 (49.10%) Java
2 165 (32.93%) Python
3 149 (29.74%) SQL
4 137 (27.35%) JavaScript
5 106 (21.16%) C#
6 69 (13.77%) C++
7 59 (11.78%) TypeScript
8 57 (11.38%) Kotlin
9 33 (6.59%) Scala
10 26 (5.19%) R
11 20 (3.99%) Java 9
12 12 (2.40%) Perl
13 11 (2.20%) VBA
14 8 (1.60%) Java 8
15 7 (1.40%) Go
15 7 (1.40%) Shell Script
16 6 (1.20%) Clojure
16 6 (1.20%) T-SQL
17 5 (1.00%) C
17 5 (1.00%) VB
Qualifications
1 22 (4.39%) Degree
2 4 (0.80%) ISTQB
3 3 (0.60%) Numerate Degree
3 3 (0.60%) PhD
3 3 (0.60%) Sun Certification
4 2 (0.40%) Computer Science Degree
5 1 (0.20%) CFA
5 1 (0.20%) Master's Degree
Quality Assurance & Compliance
1 15 (2.99%) QA
2 8 (1.60%) PMO
3 7 (1.40%) MiFID
3 7 (1.40%) SLA
4 4 (0.80%) Data Quality
5 3 (0.60%) IFRS
5 3 (0.60%) IFRS 9
5 3 (0.60%) UCITS
6 2 (0.40%) AIFMD
7 1 (0.20%) EMIR
7 1 (0.20%) GDPR
System Software
1 47 (9.38%) Docker
2 2 (0.40%) Platform Symphony
3 1 (0.20%) Apache ZooKeeper
Systems Management
1 38 (7.58%) Kubernetes
2 20 (3.99%) Terraform
3 2 (0.40%) Control-M
3 2 (0.40%) Opscode Chef
Vendors
1 53 (10.58%) ION Trading
2 47 (9.38%) Oracle
3 37 (7.39%) Bloomberg
4 27 (5.39%) TIBCO
5 18 (3.59%) Murex
6 15 (2.99%) Sybase
7 14 (2.79%) Atlassian
8 12 (2.40%) Microsoft
9 11 (2.20%) FIS
9 11 (2.20%) SunGard
10 7 (1.40%) DevExpress
11 6 (1.20%) Charles River
11 6 (1.20%) RedGate
12 5 (1.00%) Solace
13 4 (0.80%) Telerik
14 3 (0.60%) Alteryx
14 3 (0.60%) Google
14 3 (0.60%) Reuters
14 3 (0.60%) SAP
14 3 (0.60%) Tradeweb