Period
to 20 January 2018

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 January 2018 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 Jan 2018
Same period 2017 Same period 2016
Rank 259 310 331
Rank change year-on-year +51 +21 -46
Contract jobs citing Fixed Income 958 747 752
As % of all contract IT jobs advertised in the UK 0.96% 0.77% 0.70%
As % of the Miscellaneous category 2.88% 2.36% 2.13%
Number of daily rates quoted 732 521 561
UK median daily rate £600 £620 £575
Median daily rate % change year-on-year -3.23% +7.83% -
10th Percentile £463 £425 £425
90th Percentile £725 £750 £725
UK excluding London median daily rate £475 £375 £425
% change year-on-year +26.67% -11.76% +9.68%
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 33,303 31,637 35,368
As % of all contract IT jobs advertised in the UK 33.50% 32.67% 32.70%
Number of daily rates quoted 22,301 20,633 22,554
UK median daily rate £450 £425 £425
Median daily rate % change year-on-year +5.88% - +6.25%
10th Percentile £263 £251 £238
90th Percentile £650 £625 £625
UK excluding London median daily rate £400 £394 £375
% change year-on-year +1.65% +4.93% +4.17%
Number of hourly rates quoted 941 1,115 1,415
UK median hourly rate £21.79 £20.50 £20.00
Median hourly rate % change year-on-year +6.29% +2.50% +14.29%
10th Percentile £11.25 £11.32 £11.25
90th Percentile £49.50 £47.50 £47.50
UK excluding London median hourly rate £21.50 £20.00 £20.00
% change year-on-year +7.50% - +14.29%

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 January 2018.

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 January 2018. 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 +36 908 £600 -3.23% 147
London +16 903 £600 -3.23% 147
UK excluding London +48 54 £475 +26.67% 3
Scotland +20 42 £475 +18.75% 2
Northern Ireland -23 7 £472 +28.30% 1
North West - 3 £525 -
North of England - 3 £525 -
South East -19 2 £600 -

For the 6 months to 20 January 2018, 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.

1 487 (50.84%) Front Office
2 443 (46.24%) Finance
3 423 (44.15%) Banking
4 299 (31.21%) Java
5 284 (29.65%) Investment Banking
6 281 (29.33%) SQL
7 279 (29.12%) C#
8 278 (29.02%) Derivative
9 228 (23.80%) Equities
10 227 (23.70%) Agile Software Development
11 197 (20.56%) Foreign Exchange (FX)
12 191 (19.94%) SQL Server
13 190 (19.83%) Electronic Trading
14 160 (16.70%) Python
14 160 (16.70%) Asset Management
15 143 (14.93%) C++
16 129 (13.47%) .NET
17 128 (13.36%) Analytical Skills
18 123 (12.84%) Multithreading
19 122 (12.73%) JavaScript
20 110 (11.48%) MiFID
21 93 (9.71%) Business Analysis
22 90 (9.39%) ION Trading
22 90 (9.39%) Risk Management
23 89 (9.29%) Oracle
24 87 (9.08%) Linux
24 87 (9.08%) SDLC
25 82 (8.56%) AngularJS
25 82 (8.56%) WPF
26 81 (8.46%) Microsoft Excel

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 11 (1.15%) BizTalk Server
2 10 (1.04%) IIS
2 10 (1.04%) WebSphere
3 8 (0.84%) Apache Spark
4 7 (0.73%) SharePoint
5 4 (0.42%) CMS
5 4 (0.42%) Confluence
5 4 (0.42%) Elasticsearch
5 4 (0.42%) JBoss
6 3 (0.31%) Apache
7 2 (0.21%) DataSynapse
7 2 (0.21%) Oracle SOA Suite
8 1 (0.10%) Apache Solr
8 1 (0.10%) Mule
8 1 (0.10%) Skype for Business
Applications
1 81 (8.46%) Microsoft Excel
2 23 (2.40%) Spreadsheet
3 9 (0.94%) Microsoft PowerPoint
4 6 (0.63%) Microsoft Office
5 5 (0.52%) Microsoft Project
6 4 (0.42%) MS Visio
Business Applications
1 67 (6.99%) ION MarketView
2 62 (6.47%) thinkFolio
3 27 (2.82%) Bloomberg TOMS
4 25 (2.61%) Markit EDM
5 21 (2.19%) SimCorp Dimension
6 10 (1.04%) Summit
7 8 (0.84%) RMDS
8 7 (0.73%) SunGard GMI
9 5 (0.52%) LatentZero
10 4 (0.42%) Eagle PACE
11 3 (0.31%) BondVision
11 3 (0.31%) IntelliMatch
12 2 (0.21%) Eikon
12 2 (0.21%) Global One
12 2 (0.21%) Oracle Cash Management
12 2 (0.21%) Oracle Subledger Accounting
13 1 (0.10%) Oracle EBS
13 1 (0.10%) Oracle Financials
13 1 (0.10%) Oracle General Ledger
13 1 (0.10%) Salerio
Cloud Services
1 4 (0.42%) Microsoft Azure
2 2 (0.21%) OpenShift
3 1 (0.10%) Amazon AWS
3 1 (0.10%) Cloud Computing
Communications & Networking
1 11 (1.15%) TCP/IP
2 9 (0.94%) LAN
3 5 (0.52%) PPP
4 2 (0.21%) FTP
4 2 (0.21%) HTTP
5 1 (0.10%) AMQP
5 1 (0.10%) Internet
5 1 (0.10%) Skype
Database & Business Intelligence
1 191 (19.94%) SQL Server
2 38 (3.97%) Relational Database
3 36 (3.76%) SQL Server 2008
4 28 (2.92%) RDBMS
5 27 (2.82%) SQL Server Reporting Services
6 25 (2.61%) NoSQL
7 22 (2.30%) MongoDB
8 20 (2.09%) SQL Server Integration Services
9 18 (1.88%) SQL Server 2012
10 14 (1.46%) Big Data
10 14 (1.46%) OLAP
11 13 (1.36%) Data Warehouse
12 12 (1.25%) SQL Server 2014
13 11 (1.15%) Blockchain
13 11 (1.15%) KDB
14 7 (0.73%) SQL Server Analysis Services
15 6 (0.63%) Hadoop
16 5 (0.52%) MySQL
17 3 (0.31%) BusinessObjects
17 3 (0.31%) SQL Server 2016
Development Applications
1 45 (4.70%) Subversion
2 42 (4.38%) JIRA
3 30 (3.13%) TeamCity
4 28 (2.92%) Visual Studio
5 19 (1.98%) Git (software)
6 17 (1.77%) Atlassian Bamboo
7 16 (1.67%) Team Foundation Server
8 12 (1.25%) Jenkins
8 12 (1.25%) JUnit
8 12 (1.25%) VSS/SourceSafe
9 10 (1.04%) Maven
10 8 (0.84%) IntelliJ
10 8 (0.84%) Mockito
11 7 (0.73%) FitNesse
12 6 (0.63%) Ant
13 5 (0.52%) EasyMock
14 4 (0.42%) Gradle
14 4 (0.42%) JBehave
14 4 (0.42%) Oracle APEX
15 3 (0.31%) Selenium
General
1 487 (50.84%) Front Office
2 443 (46.24%) Finance
3 423 (44.15%) Banking
4 284 (29.65%) Investment Banking
5 56 (5.85%) Back Office
6 24 (2.51%) Financial Institution
7 13 (1.36%) Retail
8 11 (1.15%) Legal
9 7 (0.73%) Prime Brokerage
10 4 (0.42%) French Language
11 3 (0.31%) General Ledger
11 3 (0.31%) International Banking
11 3 (0.31%) Portuguese Language
11 3 (0.31%) Spanish Language
12 2 (0.21%) Advertising
12 2 (0.21%) Marketing
12 2 (0.21%) Pharmaceutical
12 2 (0.21%) Private Banking
12 2 (0.21%) Retail Banking
13 1 (0.10%) Publishing
Job Titles
1 505 (52.71%) Developer
2 295 (30.79%) Analyst
3 198 (20.67%) Business Analyst
4 165 (17.22%) Java Developer
5 129 (13.47%) C# Developer
6 118 (12.32%) Senior Developer
7 74 (7.72%) Front Office Developer
8 64 (6.68%) Electronic Trading Developer
9 61 (6.37%) Fixed Income Business Analyst
10 59 (6.16%) Python Developer
11 58 (6.05%) Senior Java Developer
12 53 (5.53%) SQL Developer
13 52 (5.43%) Electronic Trading Java Developer
14 49 (5.11%) C++ Developer
15 43 (4.49%) Front Office Business Analyst
16 41 (4.28%) .NET Developer
17 38 (3.97%) Support Analyst
18 37 (3.86%) Quantitative Developer
19 36 (3.76%) Applications Support
19 36 (3.76%) Pricing Developer
Libraries, Frameworks & Software Standards
1 129 (13.47%) .NET
2 82 (8.56%) AngularJS
2 82 (8.56%) WPF
3 69 (7.20%) HTML
4 65 (6.78%) FIX Protocol
4 65 (6.78%) XML
5 55 (5.74%) HTML5
6 47 (4.91%) WCF
7 42 (4.38%) .NET Framework
8 39 (4.07%) Spring
9 30 (3.13%) XSD
10 29 (3.03%) CSS
10 29 (3.03%) XSLT
11 26 (2.71%) Middleware
12 25 (2.61%) ASP.NET
13 24 (2.51%) ASP.NET MVC
14 23 (2.40%) Node.js
15 21 (2.19%) Hibernate
16 20 (2.09%) Entity Framework
16 20 (2.09%) Reactive Extensions
Miscellaneous
1 278 (29.02%) Derivative
2 228 (23.80%) Equities
3 197 (20.56%) Foreign Exchange (FX)
4 128 (13.36%) Analytical Skills
5 75 (7.83%) Greenfield Project
6 55 (5.74%) Computer Science
7 44 (4.59%) Market Risk
8 43 (4.49%) Interest Rate Derivative
9 37 (3.86%) Credit Risk
10 33 (3.44%) Equity Derivative
11 26 (2.71%) OTC Derivatives
12 25 (2.61%) Hedge funds
13 20 (2.09%) Virtual Team
14 19 (1.98%) Enterprise Software
15 18 (1.88%) Data Structures
16 15 (1.57%) Credit Derivative
16 15 (1.57%) Grid Computing
17 13 (1.36%) Reference Data
18 12 (1.25%) Fintech
19 11 (1.15%) Swaptions
Operating Systems
1 87 (9.08%) Linux
2 76 (7.93%) Unix
3 69 (7.20%) Windows
4 7 (0.73%) Solaris
5 5 (0.52%) Windows 7
6 1 (0.10%) Windows Server
Processes & Methodologies
1 227 (23.70%) Agile Software Development
2 190 (19.83%) Electronic Trading
3 160 (16.70%) Asset Management
4 123 (12.84%) Multithreading
5 93 (9.71%) Business Analysis
6 90 (9.39%) Risk Management
7 87 (9.08%) SDLC
8 77 (8.04%) Low Latency
9 74 (7.72%) Analytics
10 73 (7.62%) MVVM
11 70 (7.31%) Investment Management
12 69 (7.20%) User Acceptance Testing
13 58 (6.05%) Migration
13 58 (6.05%) Stakeholder Management
14 57 (5.95%) Test Automation
15 54 (5.64%) Quantitative Research
16 48 (5.01%) TDD
17 47 (4.91%) Change Management
18 46 (4.80%) Project Management
19 42 (4.38%) Data Modelling
Programming Languages
1 299 (31.21%) Java
2 281 (29.33%) SQL
3 279 (29.12%) C#
4 160 (16.70%) Python
5 143 (14.93%) C++
6 122 (12.73%) JavaScript
7 67 (6.99%) VBA
8 53 (5.53%) T-SQL
9 35 (3.65%) Scala
10 28 (2.92%) Perl
11 24 (2.51%) C
12 18 (1.88%) Shell Script
13 12 (1.25%) PowerShell
14 11 (1.15%) TypeScript
14 11 (1.15%) XPath
15 9 (0.94%) VB
16 7 (0.73%) Ruby
17 6 (0.63%) R
18 5 (0.52%) Haskell
18 5 (0.52%) PHP
Qualifications
1 56 (5.85%) Degree
2 13 (1.36%) Computer Science Degree
3 11 (1.15%) PMP
4 10 (1.04%) Numerate Degree
5 7 (0.73%) PhD
5 7 (0.73%) PMI Certification
6 6 (0.63%) Master's Degree
7 5 (0.52%) CFA
8 3 (0.31%) MBA
9 2 (0.21%) ISEB
9 2 (0.21%) ITIL Certification
10 1 (0.10%) A+ Certification
10 1 (0.10%) CISA
10 1 (0.10%) CISM
10 1 (0.10%) CISSP
10 1 (0.10%) ISTQB
10 1 (0.10%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 110 (11.48%) MiFID
2 38 (3.97%) QA
3 37 (3.86%) EMIR
4 14 (1.46%) Dodd-Frank
5 13 (1.36%) Solvency II
6 11 (1.15%) FATCA
7 10 (1.04%) GDPR
8 5 (0.52%) Data Quality
8 5 (0.52%) PMO
9 4 (0.42%) AIFMD
10 3 (0.31%) Basel III
11 2 (0.21%) IFRS
11 2 (0.21%) SLA
12 1 (0.10%) ISAE 3402
12 1 (0.10%) ISO 20022
12 1 (0.10%) Sarbanes-Oxley
12 1 (0.10%) UCITS
System Software
1 6 (0.63%) Docker
Systems Management
1 4 (0.42%) Ansible
1 4 (0.42%) Thomson Reuters DACS
2 2 (0.21%) HP Quality Center
3 1 (0.10%) Control-M
Vendors
1 90 (9.39%) ION Trading
2 89 (9.29%) Oracle
3 73 (7.62%) Bloomberg
4 69 (7.20%) Charles River
5 57 (5.95%) Microsoft
6 25 (2.61%) SimCorp
7 22 (2.30%) Murex
7 22 (2.30%) Sybase
8 21 (2.19%) Tradeweb
9 18 (1.88%) Fidessa
9 18 (1.88%) TIBCO
10 14 (1.46%) Perforce
11 13 (1.36%) DevExpress
12 12 (1.25%) Reuters
13 11 (1.15%) Solace
14 9 (0.94%) CQG
14 9 (0.94%) FIS
15 7 (0.73%) SunGard
16 6 (0.63%) Atlassian
16 6 (0.63%) Calypso