Period
to 13 November 2019

The table below looks at the prevalence of the term Fixed Income in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Fixed Income over the 6 months to 13 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
UK
6 months to
13 Nov 2019
Same period 2018 Same period 2017
Rank 381 278 227
Rank change year-on-year -103 -51 +134
Contract jobs citing Fixed Income 516 979 1,211
As % of all contract IT jobs advertised in the UK 0.61% 0.94% 1.19%
As % of the Miscellaneous category 1.96% 2.92% 3.58%
Number of daily rates quoted 252 746 905
UK median daily rate £613 £625 £600
Median daily rate % change year-on-year -2.00% +4.17% -
10th Percentile £464 £475 £463
90th Percentile £775 £738 £725
UK excluding London median daily rate £588 £475 £475
% change year-on-year +23.68% - +26.67%
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London 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 with a requirement for generic IT skills.

All Generic IT Skills
UK
Contract vacancies with a requirement for generic IT skills 26,370 33,552 33,811
As % of all contract IT jobs advertised in the UK 31.22% 32.34% 33.09%
Number of daily rates quoted 16,742 21,895 22,229
UK median daily rate £475 £475 £450
Median daily rate % change year-on-year - +5.56% +5.88%
10th Percentile £263 £275 £263
90th Percentile £675 £650 £650
UK excluding London median daily rate £425 £425 £400
% change year-on-year - +6.25% +3.23%
Number of hourly rates quoted 1,056 1,050 1,018
UK median hourly rate £22.50 £20.25 £20.00
Median hourly rate % change year-on-year +11.14% +1.23% -
10th Percentile £12.00 £12.23 £11.25
90th Percentile £53.75 £50.00 £47.83
UK excluding London median hourly rate £22.34 £19.25 £19.50
% change year-on-year +16.03% -1.28% -4.88%

Fixed Income
Job Vacancy Trend

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

Job vacancy trend for Fixed Income in the UK

Fixed Income
Contractor Daily Rate Trend

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

Contractor daily rate trend for Fixed Income in the UK

Fixed Income
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Fixed Income over the 6 months to 13 November 2019.

Contractor daily rate histogram for Fixed Income in the UK

Fixed Income
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Fixed Income in the UK

Fixed Income
Top 9 Contract Locations

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 UK over the 6 months to 13 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
England -97 513 £625 - 71
London -51 505 £613 -2.00% 69
UK excluding London +54 10 £588 +23.68% 3
South East - 6 £588 -
Scotland +13 2 £458 -8.50% 1
North of England - 1 £800 - 2
West Midlands - 1 £750 -
Midlands - 1 £750 -
North West - 1 £800 - 2

For the 6 months to 13 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 with a requirement for Fixed Income.

1 351 (68.02%) Front Office
2 350 (67.83%) Finance
3 313 (60.66%) Java
4 304 (58.91%) Agile Software Development
5 277 (53.68%) Derivative
6 271 (52.52%) Software Engineering
7 263 (50.97%) Asset Management
8 246 (47.67%) Python
9 230 (44.57%) AWS
10 218 (42.25%) Web Services
11 197 (38.18%) Foreign Exchange (FX)
12 190 (36.82%) C#
13 167 (32.36%) Equities
14 166 (32.17%) JavaScript
15 159 (30.81%) SQL
16 156 (30.23%) React
17 152 (29.46%) Banking
18 127 (24.61%) C++
19 120 (23.26%) AngularJS
20 116 (22.48%) Microservices
20 116 (22.48%) Investment Management
21 101 (19.57%) J2EE
21 101 (19.57%) Docker
22 100 (19.38%) Node.js
23 96 (18.60%) Analytics
24 91 (17.64%) Portfolio Management
24 91 (17.64%) R
25 89 (17.25%) Amazon S3
26 85 (16.47%) Amazon RDS
26 85 (16.47%) Greenfield Project

Fixed Income
Co-occurring IT Skills 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 (3.10%) Apache Spark
2 8 (1.55%) Confluence
3 5 (0.97%) Jupyter
4 2 (0.39%) IBM HTTP Server
Applications
1 11 (2.13%) Microsoft Excel
2 5 (0.97%) Microsoft PowerPoint
2 5 (0.97%) MS Visio
3 3 (0.58%) Microsoft Office
3 3 (0.58%) Spreadsheet
Business Applications
1 40 (7.75%) FINCAD Analytics
2 10 (1.94%) thinkFolio
3 6 (1.16%) Markit EDM
4 5 (0.97%) ION MarketView
4 5 (0.97%) PolarLake
5 4 (0.78%) SimCorp Dimension
6 2 (0.39%) Bloomberg AIM
7 1 (0.19%) Bloomberg TOMS
7 1 (0.19%) Eagle PACE
7 1 (0.19%) Eze OMS
7 1 (0.19%) LatentZero
7 1 (0.19%) LongView
7 1 (0.19%) Minerva
Cloud Services
1 230 (44.57%) AWS
2 89 (17.25%) Amazon S3
3 65 (12.60%) AWS Lambda
3 65 (12.60%) Serverless
4 61 (11.82%) Azure
5 58 (11.24%) Amazon SQS
6 48 (9.30%) GCP
7 46 (8.91%) GitHub
8 43 (8.33%) Amazon ECS
9 39 (7.56%) OpenShift
10 38 (7.36%) Amazon EC2
10 38 (7.36%) AWS CloudFormation
11 11 (2.13%) Power Platform
12 6 (1.16%) PaaS
13 3 (0.58%) Amazon EMR
13 3 (0.58%) Cloud Computing
14 2 (0.39%) Office 365
15 1 (0.19%) npm
15 1 (0.19%) SaaS
15 1 (0.19%) Yarn
Communications & Networking
1 2 (0.39%) HTTP
2 1 (0.19%) FIX Connectivity
Database & Business Intelligence
1 85 (16.47%) Amazon RDS
2 82 (15.89%) Amazon Athena
3 60 (11.63%) Amazon Redshift
4 59 (11.43%) Amazon DynamoDB
5 54 (10.47%) NoSQL
6 46 (8.91%) SQL Server
7 45 (8.72%) Amazon Aurora
8 41 (7.95%) Relational Database
9 39 (7.56%) PostgreSQL
10 38 (7.36%) MongoDB
11 23 (4.46%) RDBMS
12 18 (3.49%) Apache Cassandra
12 18 (3.49%) Redis
13 17 (3.29%) DB2
13 17 (3.29%) Hadoop
13 17 (3.29%) SQL Server Integration Services
14 15 (2.91%) Couchbase
14 15 (2.91%) HBase
14 15 (2.91%) MariaDB
14 15 (2.91%) Neo4j
Development Applications
1 66 (12.79%) RStudio
2 39 (7.56%) Artifactory
3 33 (6.40%) JIRA
4 25 (4.84%) TeamCity
5 13 (2.52%) Git (software)
6 11 (2.13%) Jenkins
6 11 (2.13%) Maven
7 9 (1.74%) NUnit
8 6 (1.16%) JUnit
9 4 (0.78%) Cucumber
9 4 (0.78%) Mockito
10 3 (0.58%) Bitbucket
11 2 (0.39%) Octopus Deploy
11 2 (0.39%) Team Foundation Server
11 2 (0.39%) webpack
12 1 (0.19%) Atlassian Bamboo
12 1 (0.19%) Jasmine
12 1 (0.19%) Karma Test Runner
12 1 (0.19%) SpecFlow
12 1 (0.19%) Subversion
General
1 351 (68.02%) Front Office
2 350 (67.83%) Finance
3 152 (29.46%) Banking
4 78 (15.12%) Investment Banking
5 14 (2.71%) Back Office
6 13 (2.52%) Financial Institution
7 11 (2.13%) Legal
8 7 (1.36%) Retail
9 4 (0.78%) Advertising
9 4 (0.78%) Prime Brokerage
10 2 (0.39%) International Banking
11 1 (0.19%) Marketing
Job Titles
1 282 (54.65%) Developer
2 129 (25.00%) Java Developer
3 102 (19.77%) Senior Developer
4 93 (18.02%) Software Engineer
5 82 (15.89%) AWS Developer
6 70 (13.57%) AWS Engineer
7 67 (12.98%) Analyst
8 64 (12.40%) AWS Software Engineer
9 56 (10.85%) Lead Developer
10 49 (9.50%) Architect
11 46 (8.91%) React Developer
12 45 (8.72%) Python Developer
13 39 (7.56%) Senior Java Developer
14 36 (6.98%) C# Developer
15 35 (6.78%) Business Analyst
16 33 (6.40%) SQL Developer
17 32 (6.20%) AWS Architect
17 32 (6.20%) Front Office Developer
17 32 (6.20%) Lead Software Engineer
18 30 (5.81%) Senior Python Developer
Libraries, Frameworks & Software Standards
1 218 (42.25%) Web Services
2 156 (30.23%) React
3 120 (23.26%) AngularJS
4 101 (19.57%) J2EE
5 100 (19.38%) Node.js
6 64 (12.40%) .NET
7 32 (6.20%) Vue.js
8 31 (6.01%) REST
9 30 (5.81%) Spring
10 26 (5.04%) Hibernate
10 26 (5.04%) WPF
11 22 (4.26%) J2SE
11 22 (4.26%) NumPy
11 22 (4.26%) SciPy
12 19 (3.68%) Redux
13 18 (3.49%) CSS
13 18 (3.49%) FIX Protocol
14 17 (3.29%) Pandas
15 14 (2.71%) XML
16 13 (2.52%) HTML
Miscellaneous
1 277 (53.68%) Derivative
2 197 (38.18%) Foreign Exchange (FX)
3 167 (32.36%) Equities
4 85 (16.47%) Greenfield Project
5 67 (12.98%) Equity Derivative
6 64 (12.40%) Hedge funds
7 35 (6.78%) Reference Data
8 32 (6.20%) Analytical Skills
9 30 (5.81%) Virtual Team
10 28 (5.43%) Blog
11 21 (4.07%) Algorithms
12 20 (3.88%) Credit Risk
13 18 (3.49%) Public Cloud
14 15 (2.91%) Market Risk
14 15 (2.91%) User Experience
15 13 (2.52%) Data Structures
16 10 (1.94%) Credit Derivative
17 9 (1.74%) OTC Derivatives
18 7 (1.36%) Cloud Native
18 7 (1.36%) Self-Motivation
Operating Systems
1 25 (4.84%) Linux
2 18 (3.49%) Windows
3 13 (2.52%) Unix
4 4 (0.78%) Solaris
4 4 (0.78%) Windows 10
4 4 (0.78%) Windows NT
Processes & Methodologies
1 304 (58.91%) Agile Software Development
2 271 (52.52%) Software Engineering
3 263 (50.97%) Asset Management
4 116 (22.48%) Investment Management
4 116 (22.48%) Microservices
5 96 (18.60%) Analytics
6 91 (17.64%) Portfolio Management
7 79 (15.31%) Front End Development
8 70 (13.57%) Mentoring
9 69 (13.37%) Decision-Making
10 68 (13.18%) Fund Management
11 54 (10.47%) Quantitative Analysis
12 50 (9.69%) Open Source
13 49 (9.50%) Migration
14 46 (8.91%) TDD
15 44 (8.53%) DevOps
15 44 (8.53%) Workflow
16 42 (8.14%) Multithreading
17 38 (7.36%) Electronic Trading
17 38 (7.36%) Problem-Solving
Programming Languages
1 313 (60.66%) Java
2 246 (47.67%) Python
3 190 (36.82%) C#
4 166 (32.17%) JavaScript
5 159 (30.81%) SQL
6 127 (24.61%) C++
7 91 (17.64%) R
8 19 (3.68%) TypeScript
9 18 (3.49%) Scala
10 17 (3.29%) Kotlin
11 13 (2.52%) C
12 8 (1.55%) T-SQL
12 8 (1.55%) VBA
13 7 (1.36%) Java 8
14 5 (0.97%) Perl
15 3 (0.58%) Data Analysis Expressions (DAX)
15 3 (0.58%) Shell Script
16 2 (0.39%) Go
16 2 (0.39%) Haskell
17 1 (0.19%) MATLAB
Qualifications
1 30 (5.81%) Degree
2 13 (2.52%) AWS Certification
3 6 (1.16%) Numerate Degree
4 5 (0.97%) CFA
4 5 (0.97%) Master's Degree
5 3 (0.58%) ISEB
5 3 (0.58%) ISTQB
6 2 (0.39%) Computer Science Degree
7 1 (0.19%) ITIL Certification
Quality Assurance & Compliance
1 11 (2.13%) QA
2 7 (1.36%) Data Quality
3 4 (0.78%) EMIR
3 4 (0.78%) UCITS
4 3 (0.58%) MiFID
5 2 (0.39%) AIFMD
6 1 (0.19%) PMO
System Software
1 101 (19.57%) Docker
2 2 (0.39%) Apache ZooKeeper
Systems Management
1 55 (10.66%) Kubernetes
2 43 (8.33%) Terraform
3 2 (0.39%) ITRS Geneos
4 1 (0.19%) Control-M
Vendors
1 72 (13.95%) Bloomberg
2 58 (11.24%) Oracle
3 53 (10.27%) Reuters
4 33 (6.40%) Sybase
5 19 (3.68%) Charles River
5 19 (3.68%) Microsoft
6 15 (2.91%) Google
7 7 (1.36%) Tableau
8 6 (1.16%) ION Trading
9 5 (0.97%) Murex
9 5 (0.97%) SimCorp
9 5 (0.97%) TIBCO
10 4 (0.78%) CA
10 4 (0.78%) FIS
10 4 (0.78%) SmartStream
11 3 (0.58%) Cognos
11 3 (0.58%) Eze Software Group
11 3 (0.58%) MicroStrategy
12 2 (0.39%) FactSet
13 1 (0.19%) BISAM