Fixed Income Contracts

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 3 months to 25 June 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
Location	3 months to 25 Jun 2017	Same period 2016	Same period 2015
Rank	201	369	298
Rank change year-on-year	+168	-71
Contract jobs citing Fixed Income	549	309	416
As % of all contract IT jobs advertised in the UK	1.19%	0.58%	0.74%
As % of the Miscellaneous category	3.57%	1.75%	2.35%
Number of daily rates quoted	412	230	329
Median daily rate	£600	£600	£575
Median daily rate % change year-on-year	-	+4.34%
90% offered a daily rate of more than	£475	£425	£410
10% offered a daily rate of more than	£700	£700	£675
UK excluding London median daily rate	£164	£380	£438
% change year-on-year	-56.97%	-13.14%
Number of hourly rates quoted	1	0	1
Median hourly rate	£52.50	-	£95.00
UK excluding London median hourly rate	-	-	-

Fixed Income is in the generic IT skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for generic IT skills.

Generic IT Skills UK
Contract job vacancies with a requirement for generic IT skills	15365	17649	17726
As % of all contract IT job vacancies advertised in the UK	33.20%	33.26%	31.63%
Number of daily rates quoted	9982	11571	11114
Median daily rate	£450	£425	£420
Median daily rate % change year-on-year	+5.88%	+1.19%
90% offered a daily rate of more than	£275	£260	£250
10% offered a daily rate of more than	£625	£600	£600
UK excluding London median daily rate	£400	£390	£375
% change year-on-year	+2.56%	+4.00%
Number of hourly rates quoted	485	579	649
Median hourly rate	£22.50	£22.50	£19.00
Median hourly rate % change year-on-year	-	+18.42%
90% offered a hourly rate of more than	£12.27	£12.50	£12.34
10% offered a hourly rate of more than	£50.00	£47.39	£46.55
UK excluding London median hourly rate	£25.00	£23.00	£18.90
% change year-on-year	+8.69%	+21.69%

Fixed Income
Job Vacancy Trend

The job posting trend of jobs advertised citing Fixed Income as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

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 3 months to 25 June 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 13 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 3 months to 25 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location	Rank Change on Same Period Last Year	Matching Contract IT Job Ads	Median Daily Rate Last 3 Months	Median Daily Rate % Change on Same Period Last Year	Live Job Vacancies
England	+149	534	£600	-	95
London	+75	532	£600	-	91
City of London	+51	111	£625	+4.16%	33
County Antrim	-	10	£161	-
Northern Ireland	-	10	£161	-
Belfast	-	10	£161	-
Scotland	+42	5	-	-	6
Edinburgh	-	5	-	-
Canary Wharf	+7	4	£750	+30.43%
Mayfair	-	1	£800	-
Moorgate	-	1	£500	-
Bromley	-	1	£575	-
Docklands, London	-	1	£575	-

Fixed Income
Top 30 Co-occurring IT Skills

For the 6 months to 25 June 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	455 (45.91%)	Front Office
2	434 (43.79%)	Finance
3	387 (39.05%)	Banking
4	316 (31.89%)	Java
5	306 (30.88%)	Derivative
6	294 (29.67%)	SQL
7	286 (28.86%)	C#
8	273 (27.55%)	Agile Software Development
9	267 (26.94%)	Foreign Exchange (FX)
10	243 (24.52%)	Investment Banking
11	238 (24.02%)	Equities
12	229 (23.11%)	Electronic Trading
13	201 (20.28%)	C++
14	158 (15.94%)	SQL Server
15	153 (15.44%)	.NET

15	153 (15.44%)	Analytical Skills
16	146 (14.73%)	Multithreading
17	132 (13.32%)	Unix
18	129 (13.02%)	Python
19	120 (12.11%)	Oracle
20	118 (11.91%)	ION Trading
21	115 (11.60%)	Low Latency
22	111 (11.20%)	MiFID
23	103 (10.39%)	JavaScript
24	100 (10.09%)	SDLC
25	95 (9.59%)	Analytics
26	89 (8.98%)	Windows
26	89 (8.98%)	TDD
27	88 (8.88%)	Business Analysis
28	86 (8.68%)	Linux

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
Applications
Business Applications
Cloud Services
Communications & Networking
Database & Business Intelligence
Development Applications
General
Job Titles
Libraries, Frameworks & Software Standards
Miscellaneous
Operating Systems
Processes & Methodologies
Programming Languages
Qualifications
Quality Assurance & Compliance
System Software
Systems Management
Vendors

Application Platforms
1	16 (1.61%)	CMS
2	14 (1.41%)	DataSynapse
2	14 (1.41%)	Oracle Workflow
3	7 (0.71%)	Confluence
4	6 (0.61%)	Oracle Coherence
4	6 (0.61%)	Tomcat
5	4 (0.40%)	Apache Qpid
5	4 (0.40%)	Apache Spark
6	3 (0.30%)	Apache
6	3 (0.30%)	WebLogic
6	3 (0.30%)	WebSphere
7	2 (0.20%)	Elasticsearch
7	2 (0.20%)	IIS
7	2 (0.20%)	MTS
7	2 (0.20%)	Oracle SOA Suite
7	2 (0.20%)	SharePoint
8	1 (0.10%)	Adobe Experience Manager
8	1 (0.10%)	Apache Pig
8	1 (0.10%)	MQSeries
8	1 (0.10%)	nginx

Applications
1	61 (6.16%)	Microsoft Excel
2	13 (1.31%)	Spreadsheet
3	11 (1.11%)	Microsoft Office
3	11 (1.11%)	Microsoft PowerPoint
4	9 (0.91%)	MS Visio
5	4 (0.40%)	Microsoft Project

Business Applications
1	79 (7.97%)	ION MarketView
2	28 (2.83%)	RMDS
3	23 (2.32%)	thinkFolio
4	12 (1.21%)	Bloomberg TOMS
5	7 (0.71%)	Global One
5	7 (0.71%)	IntelliMatch
6	5 (0.50%)	Markit EDM
6	5 (0.50%)	Summit
7	4 (0.40%)	LatentZero
8	3 (0.30%)	Minerva
8	3 (0.30%)	Sentinel
8	3 (0.30%)	SimCorp Dimension
8	3 (0.30%)	SunGard GMI
8	3 (0.30%)	SunGard Martini
9	2 (0.20%)	Bloomberg AIM
9	2 (0.20%)	Eagle PACE
9	2 (0.20%)	Sylvan
10	1 (0.10%)	BondVision
10	1 (0.10%)	Cognos Business Intelligence
10	1 (0.10%)	SunGard APT

Cloud Services
1	2 (0.20%)	Cloud Computing
2	1 (0.10%)	Amazon EC2
2	1 (0.10%)	GitHub
2	1 (0.10%)	Google Cloud Platform
2	1 (0.10%)	Microsoft Azure
2	1 (0.10%)	OpenShift

Communications & Networking
1	15 (1.51%)	Firewall
2	13 (1.31%)	NAS
2	13 (1.31%)	SAN
3	10 (1.01%)	TCP/IP
4	5 (0.50%)	DSL
5	4 (0.40%)	FIX Connectivity
6	3 (0.30%)	Kerberos
7	2 (0.20%)	LAN
7	2 (0.20%)	PuTTY
8	1 (0.10%)	FTP
8	1 (0.10%)	LDAP

Database & Business Intelligence
1	158 (15.94%)	SQL Server
2	54 (5.45%)	Relational Database
3	26 (2.62%)	SQL Server Integration Services
4	21 (2.12%)	KDB
5	20 (2.02%)	SQL Server Reporting Services
6	18 (1.82%)	Data Warehouse
7	16 (1.61%)	SQL Server Analysis Services
8	15 (1.51%)	Data Mart
9	14 (1.41%)	Big Data
10	13 (1.31%)	Apache Cassandra
11	12 (1.21%)	Kdb+
11	12 (1.21%)	Oracle Database
11	12 (1.21%)	SQL Server 2008
12	11 (1.11%)	OLAP
13	10 (1.01%)	SQL Server 2012
14	9 (0.91%)	Hadoop
15	8 (0.81%)	DB2
16	7 (0.71%)	Hazelcast
16	7 (0.71%)	Oracle OLAP
17	6 (0.61%)	Tick Data

Development Applications
1	50 (5.05%)	TeamCity
2	44 (4.44%)	Subversion
3	30 (3.03%)	Git (software)
4	28 (2.83%)	Visual Studio
5	27 (2.72%)	JUnit
6	25 (2.52%)	JIRA
7	23 (2.32%)	NUnit
8	16 (1.61%)	Grunt
9	14 (1.41%)	Jenkins
9	14 (1.41%)	Selenium
10	10 (1.01%)	Maven
11	9 (0.91%)	gulp
11	9 (0.91%)	Team Foundation Server
11	9 (0.91%)	VSS/SourceSafe
12	8 (0.81%)	Mockito
12	8 (0.81%)	webpack
13	4 (0.40%)	ERwin
13	4 (0.40%)	HP UFT
13	4 (0.40%)	IntelliJ
13	4 (0.40%)	Oracle APEX

General
1	455 (45.91%)	Front Office
2	434 (43.79%)	Finance
3	387 (39.05%)	Banking
4	243 (24.52%)	Investment Banking
5	59 (5.95%)	Back Office
6	26 (2.62%)	Financial Institution
7	16 (1.61%)	Retail
8	15 (1.51%)	Legal
9	12 (1.21%)	Marketing
10	9 (0.91%)	German Language
11	7 (0.71%)	Prime Brokerage
12	5 (0.50%)	Corporate Banking
13	3 (0.30%)	French Language
14	1 (0.10%)	Advertising
14	1 (0.10%)	Games
14	1 (0.10%)	Publishing
14	1 (0.10%)	Retail Banking
14	1 (0.10%)	Spanish Language
14	1 (0.10%)	Telecoms
14	1 (0.10%)	Wholesale Banking

Job Titles
1	592 (59.74%)	Developer
2	246 (24.82%)	Analyst
3	183 (18.47%)	Java Developer
4	167 (16.85%)	C# Developer
5	156 (15.74%)	Business Analyst
6	110 (11.10%)	Senior Developer
7	99 (9.99%)	C++ Developer
8	91 (9.18%)	Front Office Developer
9	79 (7.97%)	Electronic Trading Developer
10	70 (7.06%)	.NET Developer
11	65 (6.56%)	SQL Developer
12	57 (5.75%)	Senior Java Developer
13	54 (5.45%)	C# .NET Developer
14	53 (5.35%)	Support Analyst
15	51 (5.15%)	C++/C# Developer
15	51 (5.15%)	Electronic Trading Java Developer
15	51 (5.15%)	Python Developer
16	42 (4.24%)	JavaScript Developer
17	41 (4.14%)	Quantitative Developer
18	40 (4.04%)	WPF Developer

Libraries, Frameworks & Software Standards
1	153 (15.44%)	.NET
2	86 (8.68%)	XML
3	82 (8.27%)	WPF
4	81 (8.17%)	HTML
5	75 (7.57%)	HTML5
6	63 (6.36%)	AngularJS
7	58 (5.85%)	FIX Protocol
8	49 (4.94%)	Middleware
9	48 (4.84%)	Spring
10	43 (4.34%)	Rendezvous
11	36 (3.63%)	CSS
11	36 (3.63%)	Node.js
12	31 (3.13%)	Boost C++ Libraries
13	30 (3.03%)	React
13	30 (3.03%)	STL
13	30 (3.03%)	WCF
14	25 (2.52%)	.NET Framework
15	22 (2.22%)	CSS3
16	21 (2.12%)	WinForms
17	20 (2.02%)	Murex MxML

Miscellaneous
1	306 (30.88%)	Derivative
2	267 (26.94%)	Foreign Exchange (FX)
3	238 (24.02%)	Equities
4	153 (15.44%)	Analytical Skills
5	77 (7.77%)	Greenfield Project
6	56 (5.65%)	Computer Science
7	54 (5.45%)	Interest Rate Derivative
8	50 (5.05%)	User Experience
9	37 (3.73%)	OTC Derivatives
10	33 (3.33%)	Equity Derivative
10	33 (3.33%)	Virtual Team
11	32 (3.23%)	Fintech
12	31 (3.13%)	Algorithms
13	28 (2.83%)	Grid Computing
14	26 (2.62%)	Data Structures
14	26 (2.62%)	Reference Data
15	23 (2.32%)	Credit Derivative
15	23 (2.32%)	Swaptions
16	20 (2.02%)	Market Risk
17	18 (1.82%)	Management Information System

Operating Systems
1	132 (13.32%)	Unix
2	89 (8.98%)	Windows
3	86 (8.68%)	Linux
4	8 (0.81%)	Solaris
5	7 (0.71%)	Windows 7
6	3 (0.30%)	Windows Server
7	1 (0.10%)	Android
7	1 (0.10%)	Apple iOS
7	1 (0.10%)	Windows Server 2008

Processes & Methodologies
1	273 (27.55%)	Agile Software Development
2	229 (23.11%)	Electronic Trading
3	146 (14.73%)	Multithreading
4	115 (11.60%)	Low Latency
5	100 (10.09%)	SDLC
6	95 (9.59%)	Analytics
7	89 (8.98%)	TDD
8	88 (8.88%)	Business Analysis
9	85 (8.58%)	Risk Management
10	83 (8.38%)	Asset Management
11	80 (8.07%)	Continuous Integration
12	64 (6.46%)	Scrum
13	59 (5.95%)	Workflow
14	49 (4.94%)	Investment Management
14	49 (4.94%)	OO
14	49 (4.94%)	Project Management
15	48 (4.84%)	Test Automation
16	46 (4.64%)	Multithreaded Programming
17	45 (4.54%)	Migration
18	41 (4.14%)	Mathematics

Programming Languages
1	316 (31.89%)	Java
2	294 (29.67%)	SQL
3	286 (28.86%)	C#
4	201 (20.28%)	C++
5	129 (13.02%)	Python
6	103 (10.39%)	JavaScript
7	61 (6.16%)	Scala
8	60 (6.05%)	Perl
9	40 (4.04%)	Shell Script
10	39 (3.94%)	C
11	38 (3.83%)	T-SQL
12	35 (3.53%)	VBA
13	29 (2.93%)	ES6
14	22 (2.22%)	XAML
15	16 (1.61%)	TypeScript
16	15 (1.51%)	R
17	9 (0.91%)	PL/SQL
18	6 (0.61%)	Lisp
19	5 (0.50%)	MATLAB
20	4 (0.40%)	VB

Qualifications
1	64 (6.46%)	Degree
2	18 (1.82%)	Computer Science Degree
3	8 (0.81%)	CFA
3	8 (0.81%)	Numerate Degree
4	7 (0.71%)	PMI Certification
4	7 (0.71%)	PMP
5	5 (0.50%)	ISEB
6	3 (0.30%)	Master's Degree
6	3 (0.30%)	PhD
6	3 (0.30%)	PRINCE2 Certification
7	2 (0.20%)	IIBA
7	2 (0.20%)	ISTQB
7	2 (0.20%)	Postgraduate
8	1 (0.10%)	A+ Certification
8	1 (0.10%)	ITIL Certification
8	1 (0.10%)	MBA

Quality Assurance & Compliance
1	111 (11.20%)	MiFID
2	48 (4.84%)	QA
3	24 (2.42%)	EMIR
4	16 (1.61%)	Dodd-Frank
5	11 (1.11%)	Data Quality
6	4 (0.40%)	PMO
7	2 (0.20%)	GDPR
7	2 (0.20%)	SLA
8	1 (0.10%)	FATCA
8	1 (0.10%)	IFRS
8	1 (0.10%)	ISAE 3402
8	1 (0.10%)	ISO 20022
8	1 (0.10%)	ISO 9001
8	1 (0.10%)	Sarbanes-Oxley
8	1 (0.10%)	Solvency II

System Software
1	7 (0.71%)	Platform Symphony
2	6 (0.61%)	Docker
2	6 (0.61%)	HDFS
3	1 (0.10%)	Active Directory
3	1 (0.10%)	Tivoli Workload Scheduler
3	1 (0.10%)	Varnish

Systems Management
1	4 (0.40%)	HP Quality Center
1	4 (0.40%)	ITRS Geneos
2	3 (0.30%)	CA Single Sign-On
2	3 (0.30%)	Kubernetes
2	3 (0.30%)	TeamSite
3	2 (0.20%)	Ansible
3	2 (0.20%)	Control-M
4	1 (0.10%)	Ganglia
4	1 (0.10%)	HP Fortify
4	1 (0.10%)	Kibana
4	1 (0.10%)	logstash
4	1 (0.10%)	Oracle Enterprise Manager
4	1 (0.10%)	RSA Archer
4	1 (0.10%)	Thomson Reuters DACS
4	1 (0.10%)	Tivoli

Vendors
1	120 (12.11%)	Oracle
2	118 (11.91%)	ION Trading
3	86 (8.68%)	Microsoft
4	84 (8.48%)	Sybase
5	52 (5.25%)	Bloomberg
6	48 (4.84%)	TIBCO
7	39 (3.94%)	Murex
8	32 (3.23%)	Reuters
9	22 (2.22%)	Charles River
10	13 (1.31%)	Tradeweb
11	12 (1.21%)	Solace
11	12 (1.21%)	Sun
12	10 (1.01%)	IBM
12	10 (1.01%)	Perforce
13	9 (0.91%)	Calypso
13	9 (0.91%)	SunGard
14	8 (0.81%)	Fidessa
14	8 (0.81%)	Informatica
15	7 (0.71%)	Google
16	5 (0.50%)	Sophis