Period
to 21 October 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 21 October 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
21 Oct 2021
Same period 2020 Same period 2019
Rank 135 46 204
Rank change year-on-year -89 +158 -70
Contract jobs citing Fixed Income 757 768 479
As % of all contract jobs advertised in London 2.11% 5.45% 1.30%
As % of the Miscellaneous category 6.42% 14.86% 4.12%
Number of daily rates quoted 616 685 230
10th Percentile £488 £500 £463
25th Percentile £566 £538 £550
Median daily rate (50th Percentile) £650 £650 £613
Median % change year-on-year - +6.12% -2.00%
75th Percentile £763 £800 £700
90th Percentile £813 £813 £775
England median daily rate £650 £650 £613
% change year-on-year - +6.12% -2.00%

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 11,788 5,169 11,617
As % of all contract IT jobs advertised in London 32.86% 36.71% 31.53%
Number of daily rates quoted 8,620 3,749 8,303
10th Percentile £363 £315 £313
25th Percentile £463 £425 £413
Median daily rate (50th Percentile) £575 £538 £525
Median % change year-on-year +6.98% +2.38% -
75th Percentile £681 £650 £625
90th Percentile £763 £750 £710
England median daily rate £525 £500 £475
% change year-on-year +5.00% +5.26% -
Number of hourly rates quoted 143 61 161
10th Percentile £15.73 £12.76 £12.76
25th Percentile £20.82 £22.50 £16.00
Median hourly rate £32.00 £35.00 £21.56
Median % change year-on-year -8.57% +62.34% +0.28%
75th Percentile £49.04 £41.50 £47.00
90th Percentile £61.75 £49.50 £52.50
England median hourly rate £24.06 £30.00 £20.50
% change year-on-year -19.80% +46.34% +1.43%

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 21 October 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 21 October 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 -19 131 £725 +11.54% 18
Fixed Income
England

For the 6 months to 21 October 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.

1 440 (58.12%) Front Office
2 423 (55.88%) Java
3 388 (51.25%) Finance
4 334 (44.12%) Banking
5 270 (35.67%) Foreign Exchange (FX)
6 268 (35.40%) Agile Software Development
7 257 (33.95%) SQL
8 254 (33.55%) Equities
9 242 (31.97%) Derivative
10 234 (30.91%) Investment Banking
11 222 (29.33%) Python
12 179 (23.65%) Electronic Trading
13 165 (21.80%) Asset Management
14 162 (21.40%) AWS
15 160 (21.14%) JavaScript
16 155 (20.48%) Full Stack Development
17 151 (19.95%) Social Skills
18 149 (19.68%) React
19 144 (19.02%) Software Engineering
20 132 (17.44%) Multithreading
21 126 (16.64%) Analytics
22 125 (16.51%) TypeScript
23 121 (15.98%) ION Trading
24 120 (15.85%) C#
25 119 (15.72%) C++
26 112 (14.80%) AngularJS
27 107 (14.13%) Oracle
28 106 (14.00%) Azure
29 102 (13.47%) Investment Management
29 102 (13.47%) Web Services

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 28 (3.70%) Apache
2 25 (3.30%) Apache Airflow
3 18 (2.38%) Oracle Workflow
4 17 (2.25%) Confluence
5 7 (0.92%) Apache Spark
5 7 (0.92%) Jupyter
5 7 (0.92%) Red Hat Fuse
6 6 (0.79%) JBoss
6 6 (0.79%) Oracle SOA Suite
7 4 (0.53%) Mule
7 4 (0.53%) Tomcat
8 3 (0.40%) Elasticsearch
8 3 (0.40%) nginx
9 2 (0.26%) WebLogic
10 1 (0.13%) GemFire
10 1 (0.13%) SAS
Applications
1 29 (3.83%) Microsoft Excel
2 13 (1.72%) Spreadsheet
3 6 (0.79%) Microsoft PowerPoint
3 6 (0.79%) MS Visio
4 3 (0.40%) Microsoft Office
Business Applications
1 38 (5.02%) ION MarketView
2 12 (1.59%) SunGard Martini
3 6 (0.79%) thinkFolio
4 5 (0.66%) SimCorp Dimension
5 4 (0.53%) FINCAD Analytics
6 3 (0.40%) Markit EDM
7 2 (0.26%) Bloomberg TOMS
7 2 (0.26%) SAP S/4HANA
8 1 (0.13%) Eagle PACE
8 1 (0.13%) Eikon
8 1 (0.13%) Global One
8 1 (0.13%) Loan IQ
8 1 (0.13%) Minerva
Cloud Services
1 162 (21.40%) AWS
2 106 (14.00%) Azure
3 57 (7.53%) Serverless
4 56 (7.40%) GCP
5 54 (7.13%) Amazon EC2
5 54 (7.13%) Amazon S3
5 54 (7.13%) AWS Lambda
6 15 (1.98%) OpenShift
7 3 (0.40%) Amazon ECS
7 3 (0.40%) Amazon EKS
7 3 (0.40%) Azure Functions
7 3 (0.40%) Power Platform
8 2 (0.26%) AWS CloudFormation
8 2 (0.26%) NuGet
9 1 (0.13%) Asana
9 1 (0.13%) Azure Stack
9 1 (0.13%) Smartsheet
Communications & Networking
1 26 (3.43%) FIX Connectivity
2 16 (2.11%) SSL
3 15 (1.98%) TCP/IP
4 7 (0.92%) BGP
5 2 (0.26%) LAN
6 1 (0.13%) Internet
6 1 (0.13%) Multicast
Database & Business Intelligence
1 88 (11.62%) SQL Server
2 57 (7.53%) Amazon DynamoDB
3 46 (6.08%) Relational Database
4 28 (3.70%) NoSQL
5 23 (3.04%) Amazon Athena
5 23 (3.04%) Apache Ignite
6 20 (2.64%) RDBMS
7 19 (2.51%) MongoDB
7 19 (2.51%) Redis
8 17 (2.25%) Oracle Database
9 16 (2.11%) Hazelcast
10 12 (1.59%) Big Data
11 9 (1.19%) Oracle Database 12c
12 8 (1.06%) Data Mart
12 8 (1.06%) PostgreSQL
13 7 (0.92%) Metadata
13 7 (0.92%) MySQL
14 6 (0.79%) KDB
15 5 (0.66%) Oracle Reports
16 4 (0.53%) Data Warehouse
Development Applications
1 73 (9.64%) JIRA
2 48 (6.34%) Git (software)
3 27 (3.57%) Subversion
4 22 (2.91%) TeamCity
5 20 (2.64%) Maven
6 16 (2.11%) JUnit
7 13 (1.72%) Jenkins
7 13 (1.72%) Oracle APEX
8 11 (1.45%) Cucumber
8 11 (1.45%) Visual Studio
9 8 (1.06%) Artifactory
9 8 (1.06%) CppUnit
10 7 (0.92%) Sonatype Nexus
11 6 (0.79%) Atlassian Bamboo
11 6 (0.79%) Moq
12 4 (0.53%) FishEye
12 4 (0.53%) Hudson
12 4 (0.53%) Jasmine
12 4 (0.53%) JBehave
12 4 (0.53%) jMock
General
1 440 (58.12%) Front Office
2 388 (51.25%) Finance
3 334 (44.12%) Banking
4 234 (30.91%) Investment Banking
5 151 (19.95%) Social Skills
6 89 (11.76%) Analytical Skills
7 20 (2.64%) Legal
8 19 (2.51%) Back Office
9 15 (1.98%) Organisational Skills
10 14 (1.85%) Financial Institution
11 12 (1.59%) Presentation Skills
12 11 (1.45%) Influencing Skills
13 8 (1.06%) Public Speaking
14 4 (0.53%) Advertising
15 3 (0.40%) General Ledger
15 3 (0.40%) German Language
15 3 (0.40%) International Banking
15 3 (0.40%) Prime Brokerage
16 2 (0.26%) Documentation Skills
16 2 (0.26%) Public Sector
Job Titles
1 490 (64.73%) Developer
2 218 (28.80%) Java Developer
3 139 (18.36%) Analyst
4 126 (16.64%) Front Office Developer
5 88 (11.62%) Python Developer
6 83 (10.96%) Business Analyst
7 81 (10.70%) Electronic Trading Developer
7 81 (10.70%) Software Engineer
8 80 (10.57%) Developer/Software Engineer
9 71 (9.38%) Electronic Trading Java Developer
10 67 (8.85%) Python Engineer
11 63 (8.32%) C# Developer
11 63 (8.32%) Senior Developer
12 60 (7.93%) Python Software Engineer
13 56 (7.40%) JavaScript Developer
13 56 (7.40%) React Developer
14 46 (6.08%) Investment Banking Java Developer
14 46 (6.08%) Lead Developer
14 46 (6.08%) Senior Java Developer
15 43 (5.68%) Full Stack Developer
Libraries, Frameworks & Software Standards
1 149 (19.68%) React
2 112 (14.80%) AngularJS
3 102 (13.47%) Web Services
4 72 (9.51%) .NET
5 68 (8.98%) Node.js
6 60 (7.93%) Vue.js
7 55 (7.27%) Spring
8 53 (7.00%) FIX Protocol
9 44 (5.81%) Middleware
9 44 (5.81%) XML
10 39 (5.15%) RESTful
10 39 (5.15%) Spring Boot
11 33 (4.36%) Rendezvous
12 29 (3.83%) GraphQL
13 24 (3.17%) HTML
14 23 (3.04%) Pandas
15 21 (2.77%) Redux
16 20 (2.64%) .NET Framework
16 20 (2.64%) FpML
16 20 (2.64%) REST
Miscellaneous
1 270 (35.67%) Foreign Exchange (FX)
2 254 (33.55%) Equities
3 242 (31.97%) Derivative
4 81 (10.70%) Hedge funds
5 64 (8.45%) Algorithms
6 41 (5.42%) Credit Risk
7 38 (5.02%) Data Structures
8 34 (4.49%) User Experience
9 30 (3.96%) Greenfield Project
10 29 (3.83%) Credit Derivative
11 24 (3.17%) OTC Derivatives
12 22 (2.91%) Market Risk
13 20 (2.64%) Data Protection Act
14 19 (2.51%) Legacy Systems
15 18 (2.38%) Equity Derivative
16 12 (1.59%) Reference Data
17 9 (1.19%) Enterprise Software
17 9 (1.19%) Virtual Team
18 8 (1.06%) Management Information System
19 6 (0.79%) Hybrid Cloud
Operating Systems
1 90 (11.89%) Linux
2 58 (7.66%) Unix
3 35 (4.62%) Windows
4 3 (0.40%) Solaris
5 2 (0.26%) Android
5 2 (0.26%) Apple iOS
Processes & Methodologies
1 268 (35.40%) Agile Software Development
2 179 (23.65%) Electronic Trading
3 165 (21.80%) Asset Management
4 155 (20.48%) Full Stack Development
5 144 (19.02%) Software Engineering
6 132 (17.44%) Multithreading
7 126 (16.64%) Analytics
8 102 (13.47%) Investment Management
9 97 (12.81%) Low Latency
10 65 (8.59%) TDD
11 62 (8.19%) Problem-Solving
12 60 (7.93%) Multithreaded Programming
12 60 (7.93%) SDLC
12 60 (7.93%) Test Automation
13 47 (6.21%) Workflow
14 46 (6.08%) DevOps
15 43 (5.68%) Microservices
15 43 (5.68%) Portfolio Management
16 42 (5.55%) Requirements Gathering
17 41 (5.42%) Order Management
Programming Languages
1 423 (55.88%) Java
2 257 (33.95%) SQL
3 222 (29.33%) Python
4 160 (21.14%) JavaScript
5 125 (16.51%) TypeScript
6 120 (15.85%) C#
7 119 (15.72%) C++
8 82 (10.83%) Kotlin
9 47 (6.21%) Scala
10 33 (4.36%) Java 9
11 32 (4.23%) Java 8
12 18 (2.38%) VBA
13 15 (1.98%) Perl
14 13 (1.72%) PL/SQL
15 12 (1.59%) Haskell
16 8 (1.06%) C
16 8 (1.06%) T-SQL
17 7 (0.92%) Java 11
18 5 (0.66%) ES6
18 5 (0.66%) Shell Script
Qualifications
1 31 (4.10%) Degree
2 6 (0.79%) Computer Science Degree
3 4 (0.53%) Sun Certification
4 3 (0.40%) PMP
5 2 (0.26%) ISEB
5 2 (0.26%) Master's Degree
5 2 (0.26%) PhD
6 1 (0.13%) MBA
6 1 (0.13%) SC Cleared
6 1 (0.13%) Security Cleared
Quality Assurance & Compliance
1 21 (2.77%) QA
2 20 (2.64%) PMO
3 15 (1.98%) MiFID
4 14 (1.85%) Dodd-Frank
5 11 (1.45%) EMIR
6 8 (1.06%) Data Quality
7 7 (0.92%) GDPR
8 5 (0.66%) UCITS
9 2 (0.26%) IFRS
9 2 (0.26%) IFRS 9
10 1 (0.13%) Basel II
System Software
1 45 (5.94%) Docker
2 5 (0.66%) Platform Symphony
3 2 (0.26%) Apache ZooKeeper
Systems Management
1 42 (5.55%) Kubernetes
2 23 (3.04%) Terraform
3 8 (1.06%) BladeLogic
3 8 (1.06%) ITRS Geneos
4 2 (0.26%) Ansible
4 2 (0.26%) Control-M
5 1 (0.13%) Hadoop YARN
5 1 (0.13%) Oozie
5 1 (0.13%) Opscode Chef
5 1 (0.13%) Packer
5 1 (0.13%) Puppet
Vendors
1 121 (15.98%) ION Trading
2 107 (14.13%) Oracle
3 57 (7.53%) Bloomberg
4 37 (4.89%) TIBCO
5 25 (3.30%) Murex
6 19 (2.51%) Microsoft
7 18 (2.38%) Sybase
8 12 (1.59%) FIS
8 12 (1.59%) SunGard
9 11 (1.45%) MarketAxess
10 9 (1.19%) DevExpress
10 9 (1.19%) Tradeweb
11 8 (1.06%) Reuters
12 7 (0.92%) Fidessa
13 6 (0.79%) Charles River
13 6 (0.79%) RedGate
13 6 (0.79%) Solace
14 5 (0.66%) Atlassian
14 5 (0.66%) SimCorp
15 4 (0.53%) Perforce