Period
to 16 February 2020

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 16 February 2020 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
16 Feb 2020
Same period 2019 Same period 2018
Rank 146 164 149
Rank change year-on-year +18 -15 -6
Contract jobs citing Fixed Income 516 767 858
As % of all contract IT jobs advertised in London 1.82% 1.75% 1.83%
As % of the Miscellaneous category 5.33% 4.99% 5.00%
Number of daily rates quoted 334 570 665
London median daily rate £675 £625 £620
Median daily rate % change year-on-year +8.00% +0.81% -0.80%
10th Percentile £500 £500 £475
90th Percentile £800 £775 £750
England median daily rate £663 £625 £620
% change year-on-year +6.00% +0.81% -0.80%
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 9,675 15,386 17,145
As % of all contract IT jobs advertised in London 34.18% 35.18% 36.59%
Number of daily rates quoted 6,703 10,841 12,330
London median daily rate £513 £525 £500
Median daily rate % change year-on-year -2.38% +5.00% +5.26%
10th Percentile £300 £313 £305
90th Percentile £713 £700 £688
England median daily rate £475 £475 £450
% change year-on-year - +5.56% +4.77%
Number of hourly rates quoted 156 272 258
London median hourly rate £24.68 £23.50 £22.75
Median hourly rate % change year-on-year +5.00% +3.30% +2.25%
10th Percentile £12.44 £13.00 £12.30
90th Percentile £52.25 £47.50 £47.83
England median hourly rate £22.88 £20.88 £21.50
% change year-on-year +9.58% -2.91% +7.50%

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 16 February 2020.

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 16 February 2020. 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 -35 57 £700 +12.00% 27
Fixed Income
England

For the 6 months to 16 February 2020, 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.

1 383 (74.22%) Front Office
2 382 (74.03%) Java
3 357 (69.19%) Finance
4 308 (59.69%) Asset Management
5 307 (59.50%) Derivative
6 300 (58.14%) Agile Software Development
7 279 (54.07%) Software Engineering
8 277 (53.68%) AWS
9 271 (52.52%) Python
10 269 (52.13%) Web Services
11 217 (42.05%) Equities
12 191 (37.02%) Foreign Exchange (FX)
13 171 (33.14%) JavaScript
14 168 (32.56%) SQL
15 164 (31.78%) Banking
16 152 (29.46%) Hedge funds
17 151 (29.26%) React
18 147 (28.49%) C#
19 146 (28.29%) R
20 144 (27.91%) J2EE
21 132 (25.58%) Microservices
22 127 (24.61%) Decision-Making
23 124 (24.03%) Azure
24 123 (23.84%) Analytics
25 119 (23.06%) AngularJS
26 116 (22.48%) Amazon RDS
26 116 (22.48%) Investment Management
27 115 (22.29%) Amazon S3
28 111 (21.51%) GCP
29 107 (20.74%) Greenfield Project

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 14 (2.71%) Apache Spark
2 10 (1.94%) Oracle Workflow
3 7 (1.36%) Oracle SOA Suite
4 3 (0.58%) Confluence
5 2 (0.39%) IIS
5 2 (0.39%) Oracle Coherence
6 1 (0.19%) Jupyter
Applications
1 13 (2.52%) Microsoft Excel
2 2 (0.39%) Microsoft Office
2 2 (0.39%) Microsoft PowerPoint
2 2 (0.39%) MS Visio
3 1 (0.19%) Spreadsheet
Business Applications
1 52 (10.08%) FINCAD Analytics
2 18 (3.49%) Markit EDM
3 14 (2.71%) thinkFolio
4 11 (2.13%) PolarLake
5 9 (1.74%) Eagle PACE
6 6 (1.16%) SimCorp Dimension
7 5 (0.97%) ION MarketView
8 2 (0.39%) Bloomberg AIM
9 1 (0.19%) Bloomberg TOMS
9 1 (0.19%) Eze OMS
9 1 (0.19%) LatentZero
9 1 (0.19%) LongView
9 1 (0.19%) Minerva
Cloud Services
1 277 (53.68%) AWS
2 124 (24.03%) Azure
3 115 (22.29%) Amazon S3
4 111 (21.51%) GCP
5 100 (19.38%) Amazon SQS
6 93 (18.02%) AWS Lambda
6 93 (18.02%) Serverless
7 79 (15.31%) Amazon ECS
8 76 (14.73%) OpenShift
9 63 (12.21%) Amazon EC2
9 63 (12.21%) AWS CloudFormation
10 52 (10.08%) AWS Step Functions
11 8 (1.55%) PaaS
12 6 (1.16%) GitHub
13 3 (0.58%) Amazon EMR
13 3 (0.58%) Cloud Computing
14 1 (0.19%) npm
14 1 (0.19%) Yarn
Communications & Networking
1 2 (0.39%) Multicast
1 2 (0.39%) RTMP
Database & Business Intelligence
1 116 (22.48%) Amazon RDS
2 93 (18.02%) Amazon Athena
3 91 (17.64%) Amazon Redshift
4 79 (15.31%) NoSQL
5 72 (13.95%) Amazon DynamoDB
6 51 (9.88%) PostgreSQL
7 50 (9.69%) Amazon Aurora
8 46 (8.91%) MongoDB
8 46 (8.91%) SQL Server
9 37 (7.17%) Relational Database
10 31 (6.01%) Redis
11 30 (5.81%) RDBMS
12 28 (5.43%) Apache Cassandra
13 27 (5.23%) Couchbase
13 27 (5.23%) DB2
13 27 (5.23%) HBase
13 27 (5.23%) MariaDB
13 27 (5.23%) Neo4j
14 15 (2.91%) Tick Data
15 13 (2.52%) Hadoop
Development Applications
1 81 (15.70%) RStudio
2 76 (14.73%) Artifactory
3 52 (10.08%) Jenkins
4 25 (4.84%) TeamCity
5 20 (3.88%) Git (software)
6 19 (3.68%) JIRA
7 17 (3.29%) Maven
8 13 (2.52%) JUnit
9 10 (1.94%) Subversion
10 8 (1.55%) NUnit
11 7 (1.36%) Moq
12 6 (1.16%) Cucumber
13 5 (0.97%) Mockito
14 3 (0.58%) Bitbucket
14 3 (0.58%) Selenium
14 3 (0.58%) WebDriver
15 2 (0.39%) Ant
15 2 (0.39%) Atlassian Bamboo
15 2 (0.39%) Gradle
15 2 (0.39%) Jasmine
General
1 383 (74.22%) Front Office
2 357 (69.19%) Finance
3 164 (31.78%) Banking
4 82 (15.89%) Investment Banking
5 13 (2.52%) Back Office
6 9 (1.74%) Financial Institution
7 7 (1.36%) Retail
8 2 (0.39%) Prime Brokerage
9 1 (0.19%) Legal
9 1 (0.19%) Retail Banking
Job Titles
1 298 (57.75%) Developer
2 165 (31.98%) Java Developer
3 111 (21.51%) AWS Developer
4 90 (17.44%) Senior Developer
5 61 (11.82%) AWS Engineer
6 58 (11.24%) Software Engineer
7 57 (11.05%) Front Office Developer
8 54 (10.47%) Python Developer
9 53 (10.27%) Lead Developer
10 52 (10.08%) Architect
11 45 (8.72%) Analyst
12 43 (8.33%) Electronic Trading Developer
13 40 (7.75%) Java Engineer
14 39 (7.56%) Senior Java Developer
15 34 (6.59%) Electronic Trading Java Developer
15 34 (6.59%) Java Software Developer
15 34 (6.59%) Lead Java Developer
15 34 (6.59%) Quantitative Developer
16 33 (6.40%) AWS Software Engineer
16 33 (6.40%) Lead Software Developer
Libraries, Frameworks & Software Standards
1 269 (52.13%) Web Services
2 151 (29.26%) React
3 144 (27.91%) J2EE
4 119 (23.06%) AngularJS
5 103 (19.96%) Node.js
6 89 (17.25%) .NET
7 50 (9.69%) J2SE
8 46 (8.91%) Vue.js
9 32 (6.20%) FIX Protocol
10 27 (5.23%) REST
11 22 (4.26%) NumPy
11 22 (4.26%) SciPy
11 22 (4.26%) Spring
12 20 (3.88%) Redux
12 20 (3.88%) WPF
13 18 (3.49%) Pandas
14 15 (2.91%) Hibernate
14 15 (2.91%) Kafka
15 12 (2.33%) Esper
16 10 (1.94%) Backbone.js
Miscellaneous
1 307 (59.50%) Derivative
2 217 (42.05%) Equities
3 191 (37.02%) Foreign Exchange (FX)
4 152 (29.46%) Hedge funds
5 107 (20.74%) Greenfield Project
6 75 (14.53%) Equity Derivative
7 66 (12.79%) Blog
8 46 (8.91%) Reference Data
9 33 (6.40%) Analytical Skills
10 30 (5.81%) Public Cloud
11 24 (4.65%) Algorithms
12 21 (4.07%) Market Risk
13 18 (3.49%) Virtual Team
14 15 (2.91%) Credit Derivative
15 12 (2.33%) OTC Derivatives
16 11 (2.13%) User Experience
17 8 (1.55%) Data Structures
18 7 (1.36%) Credit Risk
19 6 (1.16%) Self-Motivation
20 3 (0.58%) Grid Computing
Operating Systems
1 32 (6.20%) Linux
2 14 (2.71%) Windows
3 8 (1.55%) Unix
4 2 (0.39%) Windows 10
4 2 (0.39%) Windows Server
Processes & Methodologies
1 308 (59.69%) Asset Management
2 300 (58.14%) Agile Software Development
3 279 (54.07%) Software Engineering
4 132 (25.58%) Microservices
5 127 (24.61%) Decision-Making
6 123 (23.84%) Analytics
7 116 (22.48%) Investment Management
8 94 (18.22%) Portfolio Management
9 80 (15.50%) DevOps
10 77 (14.92%) Electronic Trading
11 71 (13.76%) Open Source
12 58 (11.24%) Migration
13 51 (9.88%) Multithreading
14 50 (9.69%) Quantitative Analysis
15 49 (9.50%) Fund Management
16 44 (8.53%) Mentoring
17 43 (8.33%) Risk Analytics
18 40 (7.75%) Deployment Automation
19 39 (7.56%) TDD
20 37 (7.17%) Machine Learning
Programming Languages
1 382 (74.03%) Java
2 271 (52.52%) Python
3 171 (33.14%) JavaScript
4 168 (32.56%) SQL
5 147 (28.49%) C#
6 146 (28.29%) R
7 102 (19.77%) C++
8 45 (8.72%) Kotlin
9 27 (5.23%) Scala
10 11 (2.13%) VBA
11 10 (1.94%) C
12 8 (1.55%) Java 8
12 8 (1.55%) PHP
13 6 (1.16%) MATLAB
13 6 (1.16%) T-SQL
13 6 (1.16%) TypeScript
14 4 (0.78%) Perl
15 3 (0.58%) Haskell
15 3 (0.58%) Shell Script
16 2 (0.39%) F#
Qualifications
1 25 (4.84%) Degree
2 6 (1.16%) Numerate Degree
3 3 (0.58%) ISEB
3 3 (0.58%) Master's Degree
Quality Assurance & Compliance
1 5 (0.97%) QA
2 4 (0.78%) Data Quality
2 4 (0.78%) EMIR
2 4 (0.78%) MiFID
3 3 (0.58%) UCITS
4 2 (0.39%) AIFMD
5 1 (0.19%) Dodd-Frank
5 1 (0.19%) PMO
System Software
1 101 (19.57%) Docker
Systems Management
1 80 (15.50%) Kubernetes
2 77 (14.92%) Terraform
3 2 (0.39%) ITRS Geneos
4 1 (0.19%) Control-M
Vendors
1 74 (14.34%) Oracle
2 46 (8.91%) Bloomberg
3 38 (7.36%) Google
4 31 (6.01%) Sybase
5 26 (5.04%) Charles River
6 23 (4.46%) Microsoft
7 19 (3.68%) ION Trading
8 14 (2.71%) Reuters
9 7 (1.36%) DevExpress
9 7 (1.36%) RedGate
9 7 (1.36%) SimCorp
10 6 (1.16%) Calypso
11 4 (0.78%) CA
11 4 (0.78%) FIS
11 4 (0.78%) GoldenSource
11 4 (0.78%) SmartStream
12 3 (0.58%) Atlassian
12 3 (0.58%) Eze Software Group
13 1 (0.19%) CA Agile Central
13 1 (0.19%) MarketAxess