Period
to

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 17 May 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
England > London
6 months to
17 May 2022
Same period 2021 Same period 2020
Rank 142 130 89
Rank change year-on-year -12 -41 +132
Contract jobs citing Fixed Income 754 496 574
As % of all contract jobs advertised in London 1.96% 2.09% 2.80%
As % of the Miscellaneous category 5.60% 6.13% 8.39%
Number of daily rates quoted 639 373 519
10th Percentile £538 £478 £500
25th Percentile £600 £550 £550
Median daily rate (50th Percentile) £725 £650 £675
Median % change year-on-year +11.54% -3.70% +5.88%
75th Percentile £813 £745 £750
90th Percentile £888 £800 £800
England median daily rate £713 £650 £675
% change year-on-year +9.62% -3.70% +8.00%
Number of hourly rates quoted 1 0 0
10th Percentile - - -
25th Percentile £82.75 - -
Median hourly rate £83.50 - -
75th Percentile £84.25 - -
90th Percentile - - -
England median hourly rate £83.50 - -

Fixed Income is in the General and Transferable 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 Skills
London
Contract vacancies with a requirement for generic IT skills 13,465 8,096 6,842
As % of all contract IT jobs advertised in London 34.94% 34.06% 33.32%
Number of daily rates quoted 9,863 5,661 4,957
10th Percentile £398 £350 £313
25th Percentile £485 £428 £413
Median daily rate (50th Percentile) £600 £538 £525
Median % change year-on-year +11.63% +2.38% -
75th Percentile £713 £650 £638
90th Percentile £800 £738 £725
England median daily rate £550 £500 £475
% change year-on-year +10.00% +5.26% -
Number of hourly rates quoted 208 140 116
10th Percentile £18.50 £15.06 £13.13
25th Percentile £23.91 £21.25 £18.00
Median hourly rate £43.78 £32.25 £32.10
Median % change year-on-year +35.74% +0.48% +28.64%
75th Percentile £53.91 £47.50 £47.56
90th Percentile £68.75 £60.10 £53.75
England median hourly rate £26.99 £26.00 £21.57
% change year-on-year +3.81% +20.54% +2.71%

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 17 May 2022.

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 17 May 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
Jobs
Central London -49 75 £800 +18.52% 18
South London - 9 £800 -
East London - 4 £260 - 7
Fixed Income
England

For the 6 months to 17 May 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 London region with a requirement for Fixed Income.

1 441 (58.49%) Front Office
2 394 (52.25%) Finance
3 317 (42.04%) Agile
4 293 (38.86%) Foreign Exchange (FX)
5 266 (35.28%) Derivative
6 261 (34.62%) Java
7 251 (33.29%) Equities
8 248 (32.89%) Banking
9 224 (29.71%) Python
10 219 (29.05%) Asset Management
11 207 (27.45%) Software Engineering
11 207 (27.45%) C#
12 196 (25.99%) Investment Management
13 192 (25.46%) Hedge funds
14 187 (24.80%) Investment Banking
15 186 (24.67%) Social Skills
16 183 (24.27%) AWS
17 178 (23.61%) .NET
18 168 (22.28%) React
19 166 (22.02%) Analytics
20 164 (21.75%) JavaScript
21 160 (21.22%) Electronic Trading
22 142 (18.83%) SQL
23 141 (18.70%) ION Trading
23 141 (18.70%) Analytical Skills
24 136 (18.04%) Problem-Solving
25 120 (15.92%) Azure
26 119 (15.78%) GCP
27 118 (15.65%) CI/CD
28 112 (14.85%) Multithreading

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 26 (3.45%) Oracle Workflow
2 16 (2.12%) CMS
2 16 (2.12%) MTS
3 15 (1.99%) Confluence
4 7 (0.93%) SAS
5 4 (0.53%) SharePoint
6 3 (0.40%) Apache
7 2 (0.27%) Apache Spark
7 2 (0.27%) Elasticsearch
7 2 (0.27%) JBoss
7 2 (0.27%) Mule
7 2 (0.27%) Red Hat Fuse
8 1 (0.13%) Apache Airflow
8 1 (0.13%) Ethereum
8 1 (0.13%) Oracle Coherence
8 1 (0.13%) WebLogic
Applications
1 51 (6.76%) Microsoft Excel
2 17 (2.25%) Spreadsheet
3 15 (1.99%) Chatbot
4 13 (1.72%) Microsoft PowerPoint
5 10 (1.33%) MS Visio
6 7 (0.93%) Microsoft Office
Business Applications
1 27 (3.58%) ION MarketView
2 15 (1.99%) BondVision
3 11 (1.46%) RMDS
4 10 (1.33%) thinkFolio
5 5 (0.66%) Markit EDM
5 5 (0.66%) SimCorp Dimension
6 4 (0.53%) Distributed Ledger
7 2 (0.27%) Bloomberg AIM
7 2 (0.27%) Bloomberg TOMS
7 2 (0.27%) Eagle PACE
7 2 (0.27%) PeopleSoft Financials
7 2 (0.27%) Refinitiv Enterprise Platform
7 2 (0.27%) SunGard Martini
8 1 (0.13%) Endur
8 1 (0.13%) Orchestrade
Cloud Services
1 183 (24.27%) AWS
2 120 (15.92%) Azure
3 119 (15.78%) GCP
4 5 (0.66%) npm
5 4 (0.53%) Amazon EC2
6 3 (0.40%) AWS Lambda
6 3 (0.40%) Serverless
7 2 (0.27%) Amazon EMR
7 2 (0.27%) Amazon S3
7 2 (0.27%) Amazon SQS
7 2 (0.27%) IaaS
7 2 (0.27%) Yarn
8 1 (0.13%) AWS CodePipeline
8 1 (0.13%) Figma
8 1 (0.13%) GitHub
8 1 (0.13%) NuGet
8 1 (0.13%) OpenShift
8 1 (0.13%) PaaS
8 1 (0.13%) Slack
8 1 (0.13%) Virtual Private Cloud
Communications & Networking
1 31 (4.11%) FIX Connectivity
2 20 (2.65%) TCP/IP
3 1 (0.13%) SSL
3 1 (0.13%) VPN
Database & Business Intelligence
1 65 (8.62%) SQL Server
2 23 (3.05%) Relational Database
3 21 (2.79%) NoSQL
4 14 (1.86%) Oracle Database
5 12 (1.59%) KDB
6 11 (1.46%) MongoDB
7 9 (1.19%) Oracle Database 12c
8 8 (1.06%) RDBMS
9 6 (0.80%) MySQL
9 6 (0.80%) SQL Server Integration Services
10 4 (0.53%) Redis
11 3 (0.40%) Amazon Athena
11 3 (0.40%) Data Warehouse
11 3 (0.40%) PostgreSQL
12 2 (0.27%) Amazon RDS
12 2 (0.27%) Amazon Redshift
12 2 (0.27%) Big Data
12 2 (0.27%) Hadoop
12 2 (0.27%) Oracle Reports
12 2 (0.27%) Presto
Development Applications
1 33 (4.38%) JIRA
2 29 (3.85%) TeamCity
3 26 (3.45%) Git (software)
4 23 (3.05%) Jenkins
5 20 (2.65%) Visual Studio
6 19 (2.52%) Artifactory
7 18 (2.39%) JUnit
8 12 (1.59%) NUnit
9 9 (1.19%) git-flow
10 7 (0.93%) Jasmine
10 7 (0.93%) Karma Test Runner
10 7 (0.93%) Maven
11 5 (0.66%) webpack
12 4 (0.53%) Cypress.io
13 3 (0.40%) CircleCI
13 3 (0.40%) Cucumber
13 3 (0.40%) GitLab
13 3 (0.40%) Gradle
13 3 (0.40%) Grunt
13 3 (0.40%) Selenium
General
1 441 (58.49%) Front Office
2 394 (52.25%) Finance
3 248 (32.89%) Banking
4 187 (24.80%) Investment Banking
5 186 (24.67%) Social Skills
6 141 (18.70%) Analytical Skills
7 28 (3.71%) Back Office
8 25 (3.32%) Financial Institution
9 20 (2.65%) Legal
10 14 (1.86%) Organisational Skills
11 12 (1.59%) Presentation Skills
12 7 (0.93%) Documentation Skills
13 4 (0.53%) Games
13 4 (0.53%) Public Speaking
14 3 (0.40%) Brand Awareness
14 3 (0.40%) Law
14 3 (0.40%) Marketing
15 2 (0.27%) Influencing Skills
15 2 (0.27%) Prime Brokerage
15 2 (0.27%) Synthetic Prime Brokerage
Job Titles
1 464 (61.54%) Developer
2 182 (24.14%) Java Developer
3 146 (19.36%) Developer/Software Engineer
3 146 (19.36%) Software Engineer
4 112 (14.85%) Analyst
5 99 (13.13%) .NET Developer
6 88 (11.67%) Front Office Developer
7 85 (11.27%) AWS Developer
7 85 (11.27%) AWS Engineer
7 85 (11.27%) Business Analyst
8 83 (11.01%) AWS Software Engineer
9 79 (10.48%) Electronic Trading Developer
10 77 (10.21%) Senior Developer
11 73 (9.68%) C# Developer
11 73 (9.68%) Electronic Trading Java Developer
12 62 (8.22%) .NET Software Developer
12 62 (8.22%) .NET Software Engineer
13 57 (7.56%) Python Developer
14 48 (6.37%) Java Engineer
15 45 (5.97%) Java Software Developer
Libraries, Frameworks & Software Standards
1 178 (23.61%) .NET
2 168 (22.28%) React
3 107 (14.19%) .NET Core
4 64 (8.49%) FIX Protocol
5 62 (8.22%) ASP.NET
6 60 (7.96%) ASP.NET Core
6 60 (7.96%) ASP.NET Web API
7 52 (6.90%) AngularJS
8 45 (5.97%) Protocol Buffers
8 45 (5.97%) WPF
9 43 (5.70%) XML
10 38 (5.04%) Vue.js
11 33 (4.38%) gRPC
12 31 (4.11%) Rendezvous
13 24 (3.18%) .NET Framework
13 24 (3.18%) Boost C++ Libraries
13 24 (3.18%) STL
14 23 (3.05%) HTML
15 22 (2.92%) Node.js
16 19 (2.52%) Spring
Miscellaneous
1 293 (38.86%) Foreign Exchange (FX)
2 266 (35.28%) Derivative
3 251 (33.29%) Equities
4 192 (25.46%) Hedge funds
5 82 (10.88%) Greenfield Project
6 60 (7.96%) Algorithms
7 28 (3.71%) OTC Derivatives
8 27 (3.58%) User Experience
9 21 (2.79%) Data Structures
10 18 (2.39%) Virtual Team
11 17 (2.25%) Credit Derivative
11 17 (2.25%) Interest Rate Derivative
11 17 (2.25%) Management Information System
11 17 (2.25%) Swaptions
12 16 (2.12%) Equity Derivative
12 16 (2.12%) Eurex
13 15 (1.99%) Data Centre
14 13 (1.72%) Exotic Derivative
14 13 (1.72%) Market Risk
15 10 (1.33%) Reference Data
Operating Systems
1 60 (7.96%) Linux
2 59 (7.82%) Windows
3 38 (5.04%) Unix
4 16 (2.12%) Windows 10
5 2 (0.27%) Android
5 2 (0.27%) Apple iOS
6 1 (0.13%) Windows Server
6 1 (0.13%) Windows Server 2016
Processes & Methodologies
1 317 (42.04%) Agile
2 219 (29.05%) Asset Management
3 207 (27.45%) Software Engineering
4 196 (25.99%) Investment Management
5 166 (22.02%) Analytics
6 160 (21.22%) Electronic Trading
7 136 (18.04%) Problem-Solving
8 118 (15.65%) CI/CD
9 112 (14.85%) Multithreading
10 99 (13.13%) Microservices
11 79 (10.48%) Low Latency
12 77 (10.21%) TDD
12 77 (10.21%) Test Automation
13 73 (9.68%) Business Analysis
14 71 (9.42%) DevOps
15 70 (9.28%) Multithreaded Programming
15 70 (9.28%) Workflow
16 61 (8.09%) Migration
17 60 (7.96%) Full Stack Development
18 59 (7.82%) Event-Driven
Programming Languages
1 261 (34.62%) Java
2 224 (29.71%) Python
3 207 (27.45%) C#
4 164 (21.75%) JavaScript
5 142 (18.83%) SQL
6 90 (11.94%) TypeScript
7 68 (9.02%) C++
8 20 (2.65%) R
8 20 (2.65%) VBA
9 18 (2.39%) MATLAB
10 8 (1.06%) T-SQL
11 7 (0.93%) ES6
12 4 (0.53%) Scala
12 4 (0.53%) Shell Script
13 1 (0.13%) Bash
13 1 (0.13%) C
13 1 (0.13%) PL/SQL
13 1 (0.13%) PowerShell
13 1 (0.13%) Solidity
Qualifications
1 29 (3.85%) Degree
2 14 (1.86%) Numerate Degree
3 11 (1.46%) Computer Science Degree
4 5 (0.66%) PhD
5 4 (0.53%) ISTQB Foundation Certification
5 4 (0.53%) Master's Degree
6 3 (0.40%) APMG
6 3 (0.40%) IIBA
6 3 (0.40%) ISEB
7 2 (0.27%) ITIL Certification
7 2 (0.27%) PMI Certification
7 2 (0.27%) PMP
8 1 (0.13%) ISTQB
Quality Assurance & Compliance
1 47 (6.23%) QA
2 26 (3.45%) MiFID
3 20 (2.65%) IFRS
4 18 (2.39%) EMIR
5 17 (2.25%) GAAP
6 14 (1.86%) FRS 29
7 11 (1.46%) Dodd-Frank
7 11 (1.46%) PMO
8 3 (0.40%) IFRS 9
8 3 (0.40%) Solvency II
9 2 (0.27%) UCITS
10 1 (0.13%) COREP
10 1 (0.13%) FATCA
10 1 (0.13%) GDPR
10 1 (0.13%) PSD2
System Software
1 50 (6.63%) Docker
Systems Management
1 48 (6.37%) Terraform
2 21 (2.79%) ITRS Geneos
3 20 (2.65%) BladeLogic
4 17 (2.25%) Ansible
5 12 (1.59%) Kubernetes
6 2 (0.27%) Rundeck
7 1 (0.13%) WebSphere Cast Iron
Vendors
1 141 (18.70%) ION Trading
2 79 (10.48%) Bloomberg
3 62 (8.22%) Oracle
4 52 (6.90%) Microsoft
5 40 (5.31%) Tradeweb
6 33 (4.38%) Reuters
6 33 (4.38%) TIBCO
7 32 (4.24%) DevExpress
8 29 (3.85%) Charles River
9 26 (3.45%) Telerik
10 14 (1.86%) BISAM
11 12 (1.59%) Google
12 7 (0.93%) SimCorp
13 6 (0.80%) Calypso
14 5 (0.66%) MarketAxess
14 5 (0.66%) Murex
15 4 (0.53%) Atlassian
15 4 (0.53%) FIS
16 3 (0.40%) GoldenSource
17 2 (0.27%) FactSet