Period
to 2 December 2020

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 2 December 2020 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
2 Dec 2020
Same period 2019 Same period 2018
Rank 124 372 283
Rank change year-on-year +248 -89 -49
Contract jobs citing Fixed Income 752 518 930
As % of all contract jobs advertised in the UK 2.00% 0.64% 0.91%
As % of the Miscellaneous category 5.92% 2.05% 2.81%
Number of daily rates quoted 706 275 711
Median daily rate £650 £625 £625
Median daily rate % change year-on-year +4.00% - +4.17%
10th Percentile £463 £500 £475
90th Percentile £800 £781 £750
UK excluding London median daily rate £315 £625 £450
% change year-on-year -49.60% +38.89% -5.26%
Number of hourly rates quoted 0 0 0
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 12,707 25,222 33,086
As % of all contract IT jobs advertised in the UK 33.76% 31.09% 32.31%
Number of daily rates quoted 7,910 15,960 21,583
Median daily rate £475 £463 £475
Median daily rate % change year-on-year +2.70% -2.63% +5.56%
10th Percentile £250 £256 £275
90th Percentile £700 £669 £650
UK excluding London median daily rate £413 £425 £425
% change year-on-year -2.94% - +6.25%
Number of hourly rates quoted 582 1,037 1,057
Median hourly rate £34.13 £22.93 £20.00
Median hourly rate % change year-on-year +48.82% +14.65% -
10th Percentile £12.74 £12.00 £12.08
90th Percentile £57.50 £53.75 £49.54
Median hourly rate £26.50 £22.50 £19.25
% change year-on-year +17.78% +16.88% -0.47%

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 2 December 2020.

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 6 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 2 December 2020. 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 +249 747 £650 +4.00% 51
London +122 745 £650 +4.00% 51
Work from Home -91 62 £625 -16.67% 3
UK excluding London +225 6 £315 -49.60%
Scotland +66 4 £308 -44.09%
East of England - 2 £750 -

For the 6 months to 2 December 2020, 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.

1 526 (69.95%) Finance
2 523 (69.55%) Java
3 508 (67.55%) Front Office
4 420 (55.85%) Derivative
5 405 (53.86%) Agile Software Development
6 392 (52.13%) Python
7 385 (51.20%) Equities
8 359 (47.74%) Web Services
9 355 (47.21%) Asset Management
10 349 (46.41%) AWS
11 311 (41.36%) Software Engineering
12 286 (38.03%) JavaScript
12 286 (38.03%) Foreign Exchange (FX)
13 278 (36.97%) Banking
14 274 (36.44%) Investment Management
15 250 (33.24%) Hedge funds
16 245 (32.58%) React
17 235 (31.25%) AngularJS
17 235 (31.25%) Investment Banking
18 192 (25.53%) SQL
19 183 (24.34%) Vue.js
20 148 (19.68%) Azure
21 137 (18.22%) GCP
22 124 (16.49%) Electronic Trading
23 119 (15.82%) Docker
24 118 (15.69%) Serverless
25 116 (15.43%) AWS Lambda
25 116 (15.43%) Kubernetes
25 116 (15.43%) Kotlin
26 114 (15.16%) Amazon S3

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 59 (7.85%) Apache
2 39 (5.19%) Apache Spark
3 23 (3.06%) JBoss
4 21 (2.79%) Red Hat Fuse
5 19 (2.53%) Mule
6 17 (2.26%) Confluence
7 10 (1.33%) MTS
8 8 (1.06%) Jupyter
9 7 (0.93%) WebLogic
10 1 (0.13%) SAS
Applications
1 17 (2.26%) Microsoft Excel
2 11 (1.46%) Spreadsheet
3 6 (0.80%) Chatbot
4 5 (0.66%) MS Visio
5 2 (0.27%) InVision
5 2 (0.27%) Sketch
Business Applications
1 29 (3.86%) ION MarketView
2 28 (3.72%) Markit EDM
3 26 (3.46%) Eagle PACE
4 11 (1.46%) Bloomberg TOMS
5 5 (0.66%) Front Arena
6 4 (0.53%) Sentinel
6 4 (0.53%) thinkFolio
7 3 (0.40%) Actimize
7 3 (0.40%) Bloomberg AIM
7 3 (0.40%) FINCAD Analytics
8 1 (0.13%) PolarLake
Cloud Services
1 349 (46.41%) AWS
2 148 (19.68%) Azure
3 137 (18.22%) GCP
4 118 (15.69%) Serverless
5 116 (15.43%) AWS Lambda
6 114 (15.16%) Amazon S3
7 111 (14.76%) Amazon EC2
8 66 (8.78%) OpenShift
9 43 (5.72%) Amazon SQS
10 39 (5.19%) Amazon ECS
11 36 (4.79%) AWS CloudFormation
12 3 (0.40%) Apigee
12 3 (0.40%) AWS Step Functions
13 2 (0.27%) Amazon EMR
13 2 (0.27%) NuGet
Communications & Networking
1 7 (0.93%) FIX Connectivity
2 4 (0.53%) TCP/IP
3 3 (0.40%) Multicast
4 2 (0.27%) AMQP
5 1 (0.13%) Ethernet
5 1 (0.13%) HTTP
Database & Business Intelligence
1 81 (10.77%) SQL Server
2 75 (9.97%) Amazon DynamoDB
3 56 (7.45%) Apache Ignite
3 56 (7.45%) NoSQL
4 39 (5.19%) Amazon Redshift
5 37 (4.92%) Amazon RDS
6 34 (4.52%) Relational Database
7 32 (4.26%) MongoDB
8 23 (3.06%) MySQL
9 8 (1.06%) RDBMS
10 6 (0.80%) KDB
10 6 (0.80%) Redis
11 5 (0.66%) Hazelcast
12 4 (0.53%) Big Data
12 4 (0.53%) Hadoop
13 3 (0.40%) Oracle Database
14 2 (0.27%) Apache Hive
14 2 (0.27%) MS Access
14 2 (0.27%) SQL Server 2012
15 1 (0.13%) Data Mining
Development Applications
1 68 (9.04%) Git (software)
2 49 (6.52%) Maven
3 45 (5.98%) Artifactory
4 43 (5.72%) RStudio
5 36 (4.79%) Jenkins
6 26 (3.46%) JIRA
7 23 (3.06%) Cucumber
8 21 (2.79%) JUnit
9 20 (2.66%) Subversion
10 19 (2.53%) Atlassian Bamboo
11 16 (2.13%) FishEye
11 16 (2.13%) Hudson
11 16 (2.13%) jMock
12 12 (1.60%) Robot Framework
13 5 (0.66%) git-flow
14 4 (0.53%) FitNesse
15 3 (0.40%) GCC
15 3 (0.40%) GDB
16 2 (0.27%) Ant
16 2 (0.27%) Visual Studio Tools for Office
General
1 526 (69.95%) Finance
2 508 (67.55%) Front Office
3 278 (36.97%) Banking
4 235 (31.25%) Investment Banking
5 48 (6.38%) Back Office
6 9 (1.20%) Advertising
7 6 (0.80%) Legal
7 6 (0.80%) Marketing
8 3 (0.40%) Financial Institution
9 2 (0.27%) French Language
9 2 (0.27%) German Language
10 1 (0.13%) Private Banking
Job Titles
1 540 (71.81%) Developer
2 217 (28.86%) Java Developer
3 177 (23.54%) Software Engineer
4 166 (22.07%) Developer/Software Engineer
5 154 (20.48%) Python Developer
6 116 (15.43%) JavaScript Developer
7 109 (14.49%) Python Engineer
8 98 (13.03%) AWS Engineer
9 77 (10.24%) Front Office Developer
9 77 (10.24%) Python Software Engineer
10 74 (9.84%) Analyst
11 68 (9.04%) Electronic Trading Developer
12 67 (8.91%) Electronic Trading Java Developer
13 66 (8.78%) Senior Developer
14 65 (8.64%) AWS Developer
14 65 (8.64%) JavaScript Engineer
15 54 (7.18%) Senior Java Developer
16 43 (5.72%) Lead Developer
17 37 (4.92%) Business Analyst
18 36 (4.79%) Finance Manager
Libraries, Frameworks & Software Standards
1 359 (47.74%) Web Services
2 245 (32.58%) React
3 235 (31.25%) AngularJS
4 183 (24.34%) Vue.js
5 109 (14.49%) Node.js
6 74 (9.84%) .NET
7 53 (7.05%) Spring
8 41 (5.45%) Protocol Buffers
9 38 (5.05%) Middleware
10 37 (4.92%) gRPC
11 35 (4.65%) .NET Core
11 35 (4.65%) ASP.NET
12 33 (4.39%) J2SE
12 33 (4.39%) JMS
13 32 (4.26%) ASP.NET Core
14 31 (4.12%) Hibernate
14 31 (4.12%) J2EE
14 31 (4.12%) Pandas
15 30 (3.99%) XML
16 27 (3.59%) Shiny
Miscellaneous
1 420 (55.85%) Derivative
2 385 (51.20%) Equities
3 286 (38.03%) Foreign Exchange (FX)
4 250 (33.24%) Hedge funds
5 65 (8.64%) Greenfield Project
6 47 (6.25%) Credit Derivative
7 33 (4.39%) Blog
8 31 (4.12%) Reference Data
9 14 (1.86%) Analytical Skills
10 13 (1.73%) Equity Derivative
11 11 (1.46%) User Experience
12 10 (1.33%) Eurex
13 9 (1.20%) Public Cloud
14 6 (0.80%) OTC Derivatives
14 6 (0.80%) Robotics
14 6 (0.80%) Virtual Team
15 5 (0.66%) Credit Risk
16 4 (0.53%) Enterprise Software
17 3 (0.40%) Algorithms
17 3 (0.40%) Market Risk
Operating Systems
1 69 (9.18%) Linux
2 34 (4.52%) Unix
3 15 (1.99%) Windows
4 8 (1.06%) CentOS
5 1 (0.13%) Solaris
Processes & Methodologies
1 405 (53.86%) Agile Software Development
2 355 (47.21%) Asset Management
3 311 (41.36%) Software Engineering
4 274 (36.44%) Investment Management
5 124 (16.49%) Electronic Trading
6 90 (11.97%) Analytics
7 86 (11.44%) Migration
8 80 (10.64%) DevOps
9 75 (9.97%) Microservices
10 74 (9.84%) Multithreading
11 71 (9.44%) Decision-Making
12 67 (8.91%) Scrum
13 66 (8.78%) Portfolio Management
14 63 (8.38%) SDLC
15 62 (8.24%) OO
16 59 (7.85%) Low Latency
17 55 (7.31%) Fintech
17 55 (7.31%) TDD
18 48 (6.38%) Open Source
19 38 (5.05%) Business Analysis
Programming Languages
1 523 (69.55%) Java
2 392 (52.13%) Python
3 286 (38.03%) JavaScript
4 192 (25.53%) SQL
5 116 (15.43%) Kotlin
6 98 (13.03%) C#
7 81 (10.77%) R
8 62 (8.24%) C++
9 61 (8.11%) TypeScript
10 42 (5.59%) Scala
11 26 (3.46%) C
12 20 (2.66%) Clojure
12 20 (2.66%) VBA
13 18 (2.39%) T-SQL
14 15 (1.99%) Shell Script
15 8 (1.06%) Bash Shell
16 7 (0.93%) Java 8
17 6 (0.80%) ES6
18 5 (0.66%) Ada
18 5 (0.66%) Go
Qualifications
1 19 (2.53%) Degree
2 9 (1.20%) Numerate Degree
3 8 (1.06%) PhD
4 4 (0.53%) CFA
4 4 (0.53%) CIMA
5 3 (0.40%) Computer Science Degree
6 1 (0.13%) ISTQB
6 1 (0.13%) Master's Degree
Quality Assurance & Compliance
1 4 (0.53%) QA
2 3 (0.40%) Data Quality
2 3 (0.40%) Dodd-Frank
3 2 (0.27%) MiFID
4 1 (0.13%) EMIR
4 1 (0.13%) ISO 20022
System Software
1 119 (15.82%) Docker
Systems Management
1 116 (15.43%) Kubernetes
2 76 (10.11%) Terraform
3 8 (1.06%) Consul
3 8 (1.06%) Packer
4 5 (0.66%) Opscode Chef
5 1 (0.13%) Ansible
5 1 (0.13%) Control-M
5 1 (0.13%) Prometheus
Vendors
1 93 (12.37%) Bloomberg
2 80 (10.64%) Google
3 52 (6.91%) ION Trading
4 30 (3.99%) Reuters
5 26 (3.46%) FactSet
5 26 (3.46%) Sybase
6 20 (2.66%) Oracle
7 19 (2.53%) Murex
8 16 (2.13%) Atlassian
9 12 (1.60%) Tradeweb
10 11 (1.46%) MarketAxess
11 9 (1.20%) Microsoft
12 6 (0.80%) Charles River
13 5 (0.66%) Telerik
13 5 (0.66%) TIBCO
14 4 (0.53%) SimCorp
15 3 (0.40%) DevExpress
15 3 (0.40%) MuleSoft
15 3 (0.40%) Syncfusion
15 3 (0.40%) WSO2