Period
to 21 April 2021

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 21 April 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
UK
6 months to
21 Apr 2021
Same period 2020 Same period 2019
Rank 259 266 389
Rank change year-on-year +7 +123 -60
Contract jobs citing Fixed Income 511 545 622
As % of all contract jobs advertised in the UK 0.96% 0.96% 0.65%
As % of the Miscellaneous category 2.83% 2.95% 2.00%
Number of daily rates quoted 387 462 439
10th Percentile £450 £500 £431
25th Percentile £550 £550 £563
Median daily rate (50th Percentile) £650 £675 £625
Median % change year-on-year -3.70% +8.00% +4.17%
75th Percentile £750 £750 £713
90th Percentile £800 £800 £775
UK excluding London median daily rate £575 £488 £398
% change year-on-year +17.95% +22.64% -16.32%

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 18,054 18,452 31,119
As % of all contract IT jobs advertised in the UK 33.78% 32.60% 32.58%
Number of daily rates quoted 12,116 11,866 20,561
10th Percentile £269 £225 £275
25th Percentile £380 £363 £369
Median daily rate (50th Percentile) £488 £465 £475
Median % change year-on-year +4.84% -2.11% +5.56%
75th Percentile £600 £575 £575
90th Percentile £688 £675 £663
UK excluding London median daily rate £425 £425 £425
Number of hourly rates quoted 733 841 992
10th Percentile £12.00 £12.61 £11.75
25th Percentile £16.00 £16.25 £14.00
Median hourly rate £25.00 £22.50 £20.44
Median % change year-on-year +11.11% +10.08% -0.78%
75th Percentile £46.00 £45.00 £43.00
90th Percentile £58.00 £53.75 £50.00
UK excluding London median hourly rate £23.47 £20.50 £18.50
% change year-on-year +14.49% +10.81% -5.13%

Fixed Income
Job Vacancy Trend

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

Job vacancy trend for Fixed Income in the UK

Fixed Income
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Fixed Income.

Daily rate trend for Fixed Income in the UK

Fixed Income
Daily Rate Histogram

Daily rate distribution for jobs citing Fixed Income over the 6 months to 21 April 2021.

Daily rate histogram for Fixed Income in the UK

Fixed Income
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Fixed Income.

Hourly rate trend for Fixed Income in the UK

Fixed Income
Top 7 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 21 April 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
England +21 498 £650 -3.70% 41
London -6 496 £650 -3.70% 41
Work from Home -199 65 £650 -13.33% 3
UK excluding London +107 9 £575 +17.95%
Scotland - 7 £400 -
East Midlands - 2 £575 -
Midlands - 2 £575 -

For the 6 months to 21 April 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 with a requirement for Fixed Income.

1 294 (57.53%) Front Office
2 271 (53.03%) Finance
3 251 (49.12%) Java
4 234 (45.79%) Agile Software Development
5 192 (37.57%) Equities
6 190 (37.18%) Derivative
7 184 (36.01%) Banking
8 173 (33.86%) Python
9 151 (29.55%) SQL
10 149 (29.16%) Foreign Exchange (FX)
11 146 (28.57%) AWS
12 143 (27.98%) JavaScript
13 134 (26.22%) Investment Banking
14 127 (24.85%) Electronic Trading
14 127 (24.85%) React
15 124 (24.27%) Software Engineering
16 115 (22.50%) Analytics
17 113 (22.11%) Asset Management
17 113 (22.11%) Web Services
18 106 (20.74%) AngularJS
19 103 (20.16%) Investment Management
20 102 (19.96%) C#
21 85 (16.63%) .NET
22 81 (15.85%) Azure
23 72 (14.09%) Vue.js
24 69 (13.50%) C++
25 68 (13.31%) Git (software)
26 66 (12.92%) Kotlin
27 64 (12.52%) Multithreading
28 62 (12.13%) Hedge funds

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 34 (6.65%) Apache
2 25 (4.89%) Apache Spark
3 18 (3.52%) Red Hat Fuse
4 17 (3.33%) Mule
5 13 (2.54%) JBoss
6 12 (2.35%) Confluence
7 4 (0.78%) Oracle SOA Suite
8 2 (0.39%) Jupyter
8 2 (0.39%) Tomcat
8 2 (0.39%) WebLogic
9 1 (0.20%) Oracle Coherence
Applications
1 21 (4.11%) Microsoft Excel
2 7 (1.37%) Spreadsheet
3 2 (0.39%) Microsoft PowerPoint
3 2 (0.39%) MS Visio
Business Applications
1 11 (2.15%) ION MarketView
2 9 (1.76%) Summit
3 8 (1.57%) SunGard Martini
4 6 (1.17%) Oracle Assets
4 6 (1.17%) Oracle EBS
4 6 (1.17%) Oracle E-Business Tax
4 6 (1.17%) Oracle FAH
4 6 (1.17%) Oracle Financials
4 6 (1.17%) Oracle General Ledger
4 6 (1.17%) Oracle Internet Expenses
4 6 (1.17%) Oracle iProcurement
4 6 (1.17%) Oracle Payables
4 6 (1.17%) Oracle Receivables
4 6 (1.17%) Oracle Subledger Accounting
5 5 (0.98%) thinkFolio
6 4 (0.78%) Markit EDM
7 3 (0.59%) Bloomberg TOMS
7 3 (0.59%) FINCAD Analytics
7 3 (0.59%) SAP S/4HANA
8 2 (0.39%) Eikon
Cloud Services
1 146 (28.57%) AWS
2 81 (15.85%) Azure
3 48 (9.39%) GCP
4 29 (5.68%) AWS Lambda
4 29 (5.68%) Serverless
5 27 (5.28%) Amazon EC2
5 27 (5.28%) Amazon S3
6 17 (3.33%) OpenShift
7 3 (0.59%) NuGet
8 1 (0.20%) Azure Data Factory
8 1 (0.20%) GitHub
8 1 (0.20%) IaaS
Communications & Networking
1 10 (1.96%) FIX Connectivity
2 9 (1.76%) TCP/IP
3 3 (0.59%) SSL
4 1 (0.20%) Firewall
4 1 (0.20%) Multicast
Database & Business Intelligence
1 48 (9.39%) SQL Server
2 35 (6.85%) Relational Database
3 32 (6.26%) NoSQL
4 31 (6.07%) Amazon DynamoDB
5 30 (5.87%) Apache Ignite
6 23 (4.50%) Tableau
7 20 (3.91%) Tableau Desktop
7 20 (3.91%) Tableau Server
8 17 (3.33%) MongoDB
9 13 (2.54%) MySQL
9 13 (2.54%) RDBMS
10 11 (2.15%) Oracle Database
11 8 (1.57%) Oracle Database 12c
12 6 (1.17%) DB2
12 6 (1.17%) Oracle BI EE
13 5 (0.98%) Apache Cassandra
13 5 (0.98%) KDB
14 3 (0.59%) Data Warehouse
14 3 (0.59%) SQL Server 2012
15 2 (0.39%) Amazon Redshift
Development Applications
1 68 (13.31%) Git (software)
2 46 (9.00%) JIRA
3 25 (4.89%) Maven
3 25 (4.89%) Subversion
4 20 (3.91%) JUnit
4 20 (3.91%) Octopus Deploy
5 17 (3.33%) Cucumber
6 16 (3.13%) Jenkins
6 16 (3.13%) TeamCity
7 14 (2.74%) Atlassian Bamboo
7 14 (2.74%) Bitbucket
8 11 (2.15%) FishEye
8 11 (2.15%) Hudson
8 11 (2.15%) jMock
9 9 (1.76%) Moq
9 9 (1.76%) Oracle APEX
9 9 (1.76%) Visual Studio
10 8 (1.57%) CppUnit
10 8 (1.57%) Selenium
11 6 (1.17%) NUnit
General
1 294 (57.53%) Front Office
2 271 (53.03%) Finance
3 184 (36.01%) Banking
4 134 (26.22%) Investment Banking
5 10 (1.96%) Back Office
6 9 (1.76%) Legal
7 5 (0.98%) Financial Institution
7 5 (0.98%) Retail
8 4 (0.78%) Manufacturing
8 4 (0.78%) Private Banking
9 3 (0.59%) General Ledger
10 2 (0.39%) Advertising
11 1 (0.20%) Marketing
Job Titles
1 376 (73.58%) Developer
2 121 (23.68%) Java Developer
3 90 (17.61%) Front Office Developer
4 88 (17.22%) Python Developer
5 69 (13.50%) Developer/Software Engineer
5 69 (13.50%) Software Engineer
6 60 (11.74%) JavaScript Developer
7 56 (10.96%) Analyst
8 55 (10.76%) Electronic Trading Developer
9 47 (9.20%) Python Engineer
10 46 (9.00%) Electronic Trading Java Developer
11 42 (8.22%) Senior Developer
12 38 (7.44%) Python Software Engineer
13 36 (7.05%) .NET Developer
14 33 (6.46%) Business Analyst
15 30 (5.87%) C# Developer
16 27 (5.28%) Senior Java Developer
17 24 (4.70%) C++ Developer
18 23 (4.50%) JavaScript Engineer
18 23 (4.50%) SQL Developer
Libraries, Frameworks & Software Standards
1 127 (24.85%) React
2 113 (22.11%) Web Services
3 106 (20.74%) AngularJS
4 85 (16.63%) .NET
5 72 (14.09%) Vue.js
6 49 (9.59%) Node.js
7 47 (9.20%) Middleware
8 44 (8.61%) Spring
9 32 (6.26%) .NET Core
10 30 (5.87%) FIX Protocol
10 30 (5.87%) Protocol Buffers
11 29 (5.68%) XML
12 26 (5.09%) REST
12 26 (5.09%) Shiny
13 25 (4.89%) ASP.NET Web API
14 23 (4.50%) gRPC
15 22 (4.31%) Hibernate
16 20 (3.91%) Apache Camel
17 18 (3.52%) JMS
18 17 (3.33%) Spring Integration
Miscellaneous
1 192 (37.57%) Equities
2 190 (37.18%) Derivative
3 149 (29.16%) Foreign Exchange (FX)
4 62 (12.13%) Hedge funds
5 48 (9.39%) Greenfield Project
6 37 (7.24%) Analytical Skills
7 27 (5.28%) Self-Motivation
8 23 (4.50%) Algorithms
9 17 (3.33%) Credit Risk
10 12 (2.35%) Data Structures
11 10 (1.96%) Credit Derivative
12 8 (1.57%) Analytical Mindset
12 8 (1.57%) Equity Derivative
12 8 (1.57%) User Experience
12 8 (1.57%) Virtual Team
13 5 (0.98%) Enterprise Software
13 5 (0.98%) Market Risk
13 5 (0.98%) Reference Data
14 4 (0.78%) Management Information System
15 2 (0.39%) OTC Derivatives
Operating Systems
1 52 (10.18%) Linux
2 37 (7.24%) Unix
3 13 (2.54%) Windows
4 2 (0.39%) CentOS
4 2 (0.39%) Ubuntu
5 1 (0.20%) Red Hat Enterprise Linux
Processes & Methodologies
1 234 (45.79%) Agile Software Development
2 127 (24.85%) Electronic Trading
3 124 (24.27%) Software Engineering
4 115 (22.50%) Analytics
5 113 (22.11%) Asset Management
6 103 (20.16%) Investment Management
7 64 (12.52%) Multithreading
8 62 (12.13%) DevOps
9 61 (11.94%) Low Latency
9 61 (11.94%) TDD
10 60 (11.74%) SDLC
11 55 (10.76%) Test Automation
12 49 (9.59%) Problem-Solving
13 38 (7.44%) Microservices
13 38 (7.44%) Multithreaded Programming
14 35 (6.85%) BDD
15 32 (6.26%) Migration
16 30 (5.87%) OO
16 30 (5.87%) User Stories
17 26 (5.09%) Computer Science
Programming Languages
1 251 (49.12%) Java
2 173 (33.86%) Python
3 151 (29.55%) SQL
4 143 (27.98%) JavaScript
5 102 (19.96%) C#
6 69 (13.50%) C++
7 66 (12.92%) Kotlin
8 60 (11.74%) TypeScript
9 43 (8.41%) Scala
10 26 (5.09%) R
11 17 (3.33%) Perl
12 16 (3.13%) VBA
13 15 (2.94%) Java 9
14 8 (1.57%) Go
15 7 (1.37%) Clojure
15 7 (1.37%) Shell Script
16 6 (1.17%) T-SQL
17 4 (0.78%) C
17 4 (0.78%) VB
18 3 (0.59%) PL/SQL
Qualifications
1 18 (3.52%) Degree
2 4 (0.78%) ISTQB
2 4 (0.78%) Numerate Degree
2 4 (0.78%) PhD
3 2 (0.39%) Computer Science Degree
4 1 (0.20%) CFA
4 1 (0.20%) Master's Degree
4 1 (0.20%) Sun Certification
Quality Assurance & Compliance
1 15 (2.94%) QA
2 7 (1.37%) SLA
3 6 (1.17%) PMO
4 5 (0.98%) MiFID
5 4 (0.78%) Data Quality
6 3 (0.59%) IFRS
6 3 (0.59%) IFRS 9
6 3 (0.59%) UCITS
7 2 (0.39%) AIFMD
8 1 (0.20%) EMIR
8 1 (0.20%) GDPR
System Software
1 56 (10.96%) Docker
2 1 (0.20%) Apache ZooKeeper
Systems Management
1 50 (9.78%) Kubernetes
2 31 (6.07%) Terraform
3 4 (0.78%) Opscode Chef
4 2 (0.39%) Control-M
Vendors
1 46 (9.00%) Bloomberg
2 42 (8.22%) ION Trading
3 40 (7.83%) Oracle
4 26 (5.09%) TIBCO
5 21 (4.11%) Sybase
6 20 (3.91%) Murex
7 15 (2.94%) Atlassian
8 8 (1.57%) FIS
8 8 (1.57%) Microsoft
8 8 (1.57%) SunGard
9 5 (0.98%) Charles River
10 4 (0.78%) DevExpress
10 4 (0.78%) Solace
10 4 (0.78%) Telerik
11 3 (0.59%) Alteryx
11 3 (0.59%) Dataiku
11 3 (0.59%) Google
11 3 (0.59%) Refinitiv
11 3 (0.59%) Reuters
11 3 (0.59%) SAP