Period
to 20 November 2017

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 20 November 2017 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
20 Nov 2017
Same period 2016 Same period 2015
Rank 219 343 312
Rank change year-on-year +124 -31 -34
Contract jobs citing Fixed Income 1203 723 852
As % of all contract IT jobs advertised in the UK 1.18% 0.70% 0.74%
As % of the Miscellaneous category 3.50% 2.10% 2.29%
Number of daily rates quoted 903 490 645
UK median daily rate £600 £600 £575
Median daily rate % change year-on-year - +4.35% -
10th Percentile £463 £413 £425
90th Percentile £725 £725 £688
UK excluding London median daily rate £475 £375 £400
% change year-on-year +26.67% -6.25% +1.59%
Number of hourly rates quoted 0 1 1
UK median hourly rate - £27.50 £16.50
Median hourly rate % change year-on-year - +66.67% -26.67%
UK excluding London median hourly rate - £27.50 £16.50
% change year-on-year - +66.67% -

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 34387 34442 37167
As % of all contract IT jobs advertised in the UK 33.63% 33.11% 32.50%
Number of daily rates quoted 22828 22601 23638
UK median daily rate £450 £425 £420
Median daily rate % change year-on-year +5.88% +1.19% +5.00%
10th Percentile £263 £250 £240
90th Percentile £650 £625 £616
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00% +7.14%
Number of hourly rates quoted 1007 1184 1467
UK median hourly rate £20.94 £20.75 £19.50
Median hourly rate % change year-on-year +0.89% +6.41% +8.33%
10th Percentile £11.25 £11.72 £11.25
90th Percentile £48.75 £47.50 £47.25
UK excluding London median hourly rate £20.00 £21.00 £19.00
% change year-on-year -4.76% +10.53% +8.57%

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 20 November 2017.

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 8 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 20 November 2017. 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 +111 1158 £600 - 90
London +61 1152 £600 - 90
UK excluding London +71 49 £475 +26.67% 3
Scotland +11 30 £475 +18.75% 3
Northern Ireland -42 14 £159 -57.60%
North West - 3 £525 -
North of England - 3 £525 -
South East +6 2 £600 +118.18%

For the 6 months to 20 November 2017, IT contractor jobs citing Fixed Income also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Fixed Income.

1 607 (50.46%) Front Office
2 547 (45.47%) Banking
3 498 (41.40%) Finance
4 403 (33.50%) Java
5 376 (31.26%) SQL
6 373 (31.01%) Derivative
7 361 (30.01%) Investment Banking
8 316 (26.27%) Agile Software Development
9 308 (25.60%) C#
10 288 (23.94%) Equities
11 286 (23.77%) Foreign Exchange (FX)
12 247 (20.53%) SQL Server
13 241 (20.03%) Electronic Trading
14 203 (16.87%) Python
15 170 (14.13%) Analytical Skills
16 159 (13.22%) C++
16 159 (13.22%) Asset Management
17 150 (12.47%) Multithreading
18 149 (12.39%) .NET
19 143 (11.89%) Oracle
19 143 (11.89%) JavaScript
19 143 (11.89%) MiFID
20 139 (11.55%) Unix
21 126 (10.47%) ION Trading
22 125 (10.39%) Business Analysis
23 113 (9.39%) SDLC
24 104 (8.65%) Linux
25 103 (8.56%) ION MarketView
26 102 (8.48%) XML
27 99 (8.23%) Microsoft

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 (1.33%) CMS
2 12 (1.00%) IIS
3 11 (0.91%) BizTalk Server
4 9 (0.75%) Elasticsearch
4 9 (0.75%) WebSphere
5 8 (0.67%) Apache Spark
5 8 (0.67%) DataSynapse
5 8 (0.67%) SharePoint
6 7 (0.58%) Confluence
6 7 (0.58%) JBoss
7 5 (0.42%) Apache
8 4 (0.33%) Apache Qpid
9 3 (0.25%) nginx
9 3 (0.25%) Oracle Coherence
9 3 (0.25%) Oracle SOA Suite
10 2 (0.17%) Oracle Workflow
11 1 (0.083%) Adobe Experience Manager
11 1 (0.083%) Captiva
11 1 (0.083%) Documentum
11 1 (0.083%) FileNet
Applications
1 96 (7.98%) Microsoft Excel
2 25 (2.08%) Spreadsheet
3 14 (1.16%) Microsoft Office
4 10 (0.83%) Microsoft PowerPoint
5 8 (0.67%) MS Visio
6 6 (0.50%) Microsoft Project
Business Applications
1 103 (8.56%) ION MarketView
2 72 (5.99%) thinkFolio
3 30 (2.49%) Bloomberg TOMS
4 20 (1.66%) Markit EDM
5 17 (1.41%) SimCorp Dimension
6 12 (1.00%) Summit
7 9 (0.75%) RMDS
8 7 (0.58%) SunGard GMI
9 6 (0.50%) LatentZero
10 5 (0.42%) IntelliMatch
11 4 (0.33%) Eagle PACE
11 4 (0.33%) Eikon
12 3 (0.25%) BondVision
12 3 (0.25%) SunGard Martini
13 2 (0.17%) Oracle Cash Management
13 2 (0.17%) Oracle Subledger Accounting
13 2 (0.17%) Orchestrade
13 2 (0.17%) Sentinel
14 1 (0.083%) Oracle E-Business Tax
14 1 (0.083%) Oracle FAH
Cloud Services
1 5 (0.42%) Microsoft Azure
2 3 (0.25%) OpenShift
3 2 (0.17%) Amazon AWS
3 2 (0.17%) Cloud Computing
3 2 (0.17%) GitHub
4 1 (0.083%) Google Cloud Platform
Communications & Networking
1 23 (1.91%) TCP/IP
2 11 (0.91%) LAN
3 10 (0.83%) Firewall
4 9 (0.75%) NAS
4 9 (0.75%) SAN
5 4 (0.33%) PPP
6 3 (0.25%) AMQP
6 3 (0.25%) FTP
7 2 (0.17%) DSL
7 2 (0.17%) Kerberos
8 1 (0.083%) FIX Connectivity
8 1 (0.083%) HTTP
8 1 (0.083%) Internet
8 1 (0.083%) Skype
Database & Business Intelligence
1 247 (20.53%) SQL Server
2 61 (5.07%) Relational Database
3 35 (2.91%) SQL Server 2008
4 33 (2.74%) SQL Server Integration Services
5 30 (2.49%) Data Warehouse
6 29 (2.41%) RDBMS
7 28 (2.33%) SQL Server 2012
8 27 (2.24%) NoSQL
8 27 (2.24%) SQL Server Reporting Services
9 24 (2.00%) MongoDB
10 21 (1.75%) OLAP
11 18 (1.50%) Big Data
12 17 (1.41%) SQL Server Analysis Services
13 14 (1.16%) KDB
14 12 (1.00%) SQL Server 2014
14 12 (1.00%) SQL Server 2016
15 9 (0.75%) Blockchain
16 8 (0.67%) Apache Cassandra
16 8 (0.67%) Oracle OLAP
17 7 (0.58%) MySQL
Development Applications
1 70 (5.82%) Subversion
2 43 (3.57%) JIRA
3 42 (3.49%) TeamCity
4 30 (2.49%) Visual Studio
5 24 (2.00%) VSS/SourceSafe
6 21 (1.75%) Git (software)
6 21 (1.75%) JUnit
7 20 (1.66%) Team Foundation Server
8 18 (1.50%) Atlassian Bamboo
8 18 (1.50%) Jenkins
9 13 (1.08%) IntelliJ
9 13 (1.08%) Maven
10 10 (0.83%) Mockito
11 8 (0.67%) Oracle APEX
12 6 (0.50%) Ant
13 5 (0.42%) EasyMock
13 5 (0.42%) FitNesse
13 5 (0.42%) Gradle
13 5 (0.42%) Selenium
14 4 (0.33%) Grunt
General
1 607 (50.46%) Front Office
2 547 (45.47%) Banking
3 498 (41.40%) Finance
4 361 (30.01%) Investment Banking
5 73 (6.07%) Back Office
6 27 (2.24%) Financial Institution
7 18 (1.50%) Legal
8 11 (0.91%) Retail
9 10 (0.83%) German Language
9 10 (0.83%) Prime Brokerage
10 5 (0.42%) Marketing
11 4 (0.33%) International Banking
12 3 (0.25%) French Language
12 3 (0.25%) General Ledger
12 3 (0.25%) Portuguese Language
12 3 (0.25%) Spanish Language
13 2 (0.17%) Advertising
13 2 (0.17%) Pharmaceutical
13 2 (0.17%) Retail Banking
14 1 (0.083%) Publishing
Job Titles
1 618 (51.37%) Developer
2 381 (31.67%) Analyst
3 258 (21.45%) Business Analyst
4 226 (18.79%) Java Developer
5 145 (12.05%) Senior Developer
6 142 (11.80%) C# Developer
7 103 (8.56%) Front Office Developer
8 85 (7.07%) SQL Developer
9 77 (6.40%) Electronic Trading Developer
10 76 (6.32%) Senior Java Developer
11 68 (5.65%) Python Developer
12 65 (5.40%) Electronic Trading Java Developer
13 63 (5.24%) Fixed Income Business Analyst
14 61 (5.07%) Banking Analyst
15 59 (4.90%) Support Analyst
16 49 (4.07%) .NET Developer
17 46 (3.82%) Applications Support
18 45 (3.74%) C++ Developer
19 43 (3.57%) Front Office Business Analyst
20 42 (3.49%) Project Manager
Libraries, Frameworks & Software Standards
1 149 (12.39%) .NET
2 102 (8.48%) XML
3 93 (7.73%) AngularJS
4 86 (7.15%) WPF
5 82 (6.82%) HTML
6 70 (5.82%) HTML5
7 56 (4.66%) FIX Protocol
8 51 (4.24%) Spring
8 51 (4.24%) WCF
9 44 (3.66%) Middleware
10 36 (2.99%) XSD
10 36 (2.99%) XSLT
11 34 (2.83%) CSS
12 33 (2.74%) .NET Framework
12 33 (2.74%) Node.js
12 33 (2.74%) Web Services
13 31 (2.58%) Hibernate
14 26 (2.16%) ASP.NET
15 24 (2.00%) ASP.NET MVC
15 24 (2.00%) FpML
Miscellaneous
1 373 (31.01%) Derivative
2 288 (23.94%) Equities
3 286 (23.77%) Foreign Exchange (FX)
4 170 (14.13%) Analytical Skills
5 95 (7.90%) Greenfield Project
6 57 (4.74%) Interest Rate Derivative
7 52 (4.32%) Market Risk
8 47 (3.91%) OTC Derivatives
9 43 (3.57%) Equity Derivative
10 41 (3.41%) Computer Science
11 34 (2.83%) Data Structures
12 29 (2.41%) Credit Risk
13 27 (2.24%) Virtual Team
14 25 (2.08%) Credit Derivative
15 23 (1.91%) Hedge funds
16 22 (1.83%) Swaptions
17 21 (1.75%) Reference Data
18 19 (1.58%) Enterprise Software
18 19 (1.58%) Grid Computing
19 18 (1.50%) Fintech
Operating Systems
1 139 (11.55%) Unix
2 104 (8.65%) Linux
3 94 (7.81%) Windows
4 18 (1.50%) Windows 7
5 10 (0.83%) Solaris
6 2 (0.17%) Windows Server
6 2 (0.17%) Windows Server 2008
Processes & Methodologies
1 316 (26.27%) Agile Software Development
2 241 (20.03%) Electronic Trading
3 159 (13.22%) Asset Management
4 150 (12.47%) Multithreading
5 125 (10.39%) Business Analysis
6 113 (9.39%) SDLC
7 99 (8.23%) Low Latency
8 97 (8.06%) Analytics
9 93 (7.73%) Risk Management
10 80 (6.65%) TDD
11 78 (6.48%) Investment Management
12 77 (6.40%) User Acceptance Testing
13 69 (5.74%) Migration
13 69 (5.74%) MVVM
14 62 (5.15%) Workflow
15 61 (5.07%) Stakeholder Management
16 60 (4.99%) Test Automation
17 57 (4.74%) Continuous Integration
18 55 (4.57%) Software Engineering
19 53 (4.41%) Data Modelling
Programming Languages
1 403 (33.50%) Java
2 376 (31.26%) SQL
3 308 (25.60%) C#
4 203 (16.87%) Python
5 159 (13.22%) C++
6 143 (11.89%) JavaScript
7 74 (6.15%) VBA
8 56 (4.66%) T-SQL
9 45 (3.74%) Scala
10 26 (2.16%) Perl
11 25 (2.08%) C
12 21 (1.75%) Shell Script
13 17 (1.41%) XPath
14 14 (1.16%) PowerShell
15 10 (0.83%) R
15 10 (0.83%) TypeScript
16 8 (0.67%) Lisp
16 8 (0.67%) VB
17 7 (0.58%) Bash Shell
17 7 (0.58%) Ruby
Qualifications
1 56 (4.66%) Degree
2 13 (1.08%) PMP
3 10 (0.83%) Numerate Degree
4 9 (0.75%) Computer Science Degree
5 8 (0.67%) CFA
6 7 (0.58%) Master's Degree
7 6 (0.50%) PhD
8 5 (0.42%) PMI Certification
9 4 (0.33%) ISEB
10 3 (0.25%) ISTQB
10 3 (0.25%) ITIL Certification
11 2 (0.17%) Postgraduate
11 2 (0.17%) Six Sigma Green Belt
12 1 (0.083%) A+ Certification
12 1 (0.083%) CISA
12 1 (0.083%) CISM
12 1 (0.083%) CISSP
12 1 (0.083%) PRINCE2 Certification
Quality Assurance & Compliance
1 143 (11.89%) MiFID
2 61 (5.07%) QA
3 36 (2.99%) EMIR
4 12 (1.00%) Dodd-Frank
5 10 (0.83%) Data Quality
5 10 (0.83%) GDPR
6 4 (0.33%) AIFMD
6 4 (0.33%) FATCA
6 4 (0.33%) PMO
6 4 (0.33%) Solvency II
7 2 (0.17%) ISO 20022
8 1 (0.083%) IFRS
8 1 (0.083%) ISO 9001
8 1 (0.083%) Sarbanes-Oxley
8 1 (0.083%) UCITS
System Software
1 8 (0.67%) Docker
2 3 (0.25%) Platform Symphony
2 3 (0.25%) Varnish
Systems Management
1 8 (0.67%) ITRS Geneos
2 7 (0.58%) Ansible
3 5 (0.42%) Thomson Reuters DACS
4 4 (0.33%) HP Quality Center
5 2 (0.17%) CA Single Sign-On
5 2 (0.17%) Ganglia
5 2 (0.17%) Kibana
5 2 (0.17%) logstash
6 1 (0.083%) Control-M
Vendors
1 143 (11.89%) Oracle
2 126 (10.47%) ION Trading
3 99 (8.23%) Microsoft
4 95 (7.90%) Bloomberg
5 59 (4.90%) Charles River
6 45 (3.74%) Sybase
7 33 (2.74%) Tradeweb
8 29 (2.41%) TIBCO
9 26 (2.16%) Perforce
10 25 (2.08%) Murex
11 24 (2.00%) Fidessa
12 17 (1.41%) SimCorp
13 16 (1.33%) Reuters
14 13 (1.08%) DevExpress
14 13 (1.08%) Solace
15 11 (0.91%) CQG
15 11 (0.91%) Informatica
16 10 (0.83%) Calypso
16 10 (0.83%) IBM
16 10 (0.83%) SunGard