Period
to 28 January 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 28 January 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
28 Jan 2020
Same period 2019 Same period 2018
Rank 334 310 282
Rank change year-on-year -24 -28 +31
Contract jobs citing Fixed Income 514 823 920
As % of all contract IT jobs advertised in the UK 0.71% 0.83% 0.93%
As % of the Miscellaneous category 2.28% 2.60% 2.82%
Number of daily rates quoted 324 621 696
UK median daily rate £650 £625 £600
Median daily rate % change year-on-year +4.00% +4.17% -3.23%
10th Percentile £504 £488 £463
90th Percentile £800 £775 £725
UK excluding London median daily rate £588 £425 £475
% change year-on-year +38.24% -10.53% +26.67%
Number of hourly rates quoted 0 0 0
UK 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 22,517 31,701 32,648
As % of all contract IT jobs advertised in the UK 31.26% 32.11% 32.94%
Number of daily rates quoted 14,159 20,674 21,705
UK median daily rate £455 £475 £450
Median daily rate % change year-on-year -4.21% +5.56% +5.88%
10th Percentile £250 £275 £258
90th Percentile £675 £650 £650
UK excluding London median daily rate £425 £425 £400
% change year-on-year - +6.25% +1.91%
Number of hourly rates quoted 1,014 1,006 983
UK median hourly rate £24.12 £20.88 £21.00
Median hourly rate % change year-on-year +15.54% -0.60% +5.00%
10th Percentile £12.44 £12.00 £11.35
90th Percentile £53.75 £48.75 £48.45
UK excluding London median hourly rate £23.19 £20.00 £20.00
% change year-on-year +15.95% - +4.29%

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 28 January 2020.

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 28 January 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 -25 511 £650 +4.00% 74
London +6 504 £675 +8.00% 72
UK excluding London +90 8 £588 +38.24% 2
South East +67 5 £625 -
North of England +54 1 £800 +300.00% 2
North West +12 1 £800 +300.00% 2
Northern Ireland +9 1 £225 -35.71%
South West +6 1 £350 -23.08%

For the 6 months to 28 January 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.

1 364 (70.82%) Java
2 361 (70.23%) Front Office
3 357 (69.46%) Finance
4 296 (57.59%) Derivative
5 295 (57.39%) Asset Management
6 293 (57.00%) Agile Software Development
7 271 (52.72%) Python
8 267 (51.95%) Software Engineering
9 257 (50.00%) AWS
10 246 (47.86%) Web Services
11 207 (40.27%) Equities
12 183 (35.60%) Foreign Exchange (FX)
13 172 (33.46%) JavaScript
14 166 (32.30%) SQL
15 165 (32.10%) Banking
16 155 (30.16%) React
17 150 (29.18%) C#
18 147 (28.60%) R
19 134 (26.07%) Hedge funds
20 128 (24.90%) Microservices
20 128 (24.90%) J2EE
21 126 (24.51%) Investment Management
22 119 (23.15%) AngularJS
23 118 (22.96%) Analytics
24 112 (21.79%) Decision-Making
25 110 (21.40%) Azure
26 109 (21.21%) Amazon S3
26 109 (21.21%) Greenfield Project
27 107 (20.82%) Node.js
28 106 (20.62%) C++

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 14 (2.72%) Apache Spark
2 8 (1.56%) Oracle Workflow
3 5 (0.97%) Oracle SOA Suite
4 3 (0.58%) Confluence
4 3 (0.58%) Jupyter
5 2 (0.39%) Oracle Coherence
Applications
1 12 (2.33%) Microsoft Excel
2 2 (0.39%) Microsoft Office
2 2 (0.39%) Microsoft PowerPoint
2 2 (0.39%) MS Visio
3 1 (0.19%) Spreadsheet
Business Applications
1 45 (8.75%) FINCAD Analytics
2 15 (2.92%) Markit EDM
3 14 (2.72%) PolarLake
3 14 (2.72%) thinkFolio
4 9 (1.75%) Eagle PACE
5 5 (0.97%) ION MarketView
6 2 (0.39%) Bloomberg AIM
7 1 (0.19%) Bloomberg TOMS
7 1 (0.19%) Eze OMS
7 1 (0.19%) LatentZero
7 1 (0.19%) LongView
7 1 (0.19%) Minerva
7 1 (0.19%) SimCorp Dimension
Cloud Services
1 257 (50.00%) AWS
2 110 (21.40%) Azure
3 109 (21.21%) Amazon S3
4 97 (18.87%) GCP
5 89 (17.32%) Amazon SQS
6 82 (15.95%) AWS Lambda
6 82 (15.95%) Serverless
7 68 (13.23%) Amazon ECS
8 65 (12.65%) OpenShift
9 50 (9.73%) Amazon EC2
9 50 (9.73%) AWS CloudFormation
10 45 (8.75%) AWS Step Functions
11 11 (2.14%) GitHub
12 8 (1.56%) PaaS
13 4 (0.78%) Amazon EMR
14 3 (0.58%) Cloud Computing
15 1 (0.19%) npm
15 1 (0.19%) SaaS
15 1 (0.19%) Yarn
Communications & Networking
1 2 (0.39%) Multicast
1 2 (0.39%) RTMP
Database & Business Intelligence
1 105 (20.43%) Amazon RDS
2 91 (17.70%) Amazon Athena
3 86 (16.73%) Amazon Redshift
4 72 (14.01%) NoSQL
5 68 (13.23%) Amazon DynamoDB
6 49 (9.53%) Amazon Aurora
7 44 (8.56%) SQL Server
8 43 (8.37%) MongoDB
8 43 (8.37%) PostgreSQL
9 31 (6.03%) Relational Database
10 24 (4.67%) Redis
11 21 (4.09%) Apache Cassandra
11 21 (4.09%) RDBMS
12 20 (3.89%) Couchbase
12 20 (3.89%) DB2
12 20 (3.89%) HBase
12 20 (3.89%) MariaDB
12 20 (3.89%) Neo4j
13 13 (2.53%) Hadoop
14 12 (2.33%) Tick Data
Development Applications
1 72 (14.01%) RStudio
2 65 (12.65%) Artifactory
3 39 (7.59%) Jenkins
4 25 (4.86%) TeamCity
5 23 (4.47%) JIRA
6 17 (3.31%) Git (software)
6 17 (3.31%) Maven
7 14 (2.72%) JUnit
8 10 (1.95%) NUnit
9 8 (1.56%) Mockito
10 7 (1.36%) Cucumber
10 7 (1.36%) Subversion
11 5 (0.97%) Moq
12 4 (0.78%) Bitbucket
13 2 (0.39%) Atlassian Bamboo
13 2 (0.39%) Gradle
13 2 (0.39%) Jasmine
13 2 (0.39%) Selenium
13 2 (0.39%) Team Foundation Server
13 2 (0.39%) WebDriver
General
1 361 (70.23%) Front Office
2 357 (69.46%) Finance
3 165 (32.10%) Banking
4 84 (16.34%) Investment Banking
5 16 (3.11%) Back Office
6 8 (1.56%) Financial Institution
7 6 (1.17%) Retail
8 4 (0.78%) Legal
9 2 (0.39%) Prime Brokerage
10 1 (0.19%) Retail Banking
Job Titles
1 288 (56.03%) Developer
2 159 (30.93%) Java Developer
3 97 (18.87%) AWS Developer
4 91 (17.70%) Senior Developer
5 62 (12.06%) Software Engineer
6 55 (10.70%) AWS Engineer
7 54 (10.51%) Analyst
8 53 (10.31%) Front Office Developer
8 53 (10.31%) Python Developer
9 49 (9.53%) Architect
9 49 (9.53%) Lead Developer
10 40 (7.78%) Senior Java Developer
11 36 (7.00%) AWS Software Engineer
12 34 (6.61%) Electronic Trading Developer
12 34 (6.61%) Quantitative Developer
13 33 (6.42%) Java Engineer
13 33 (6.42%) React Developer
14 31 (6.03%) Senior Python Developer
15 30 (5.84%) Lead Java Developer
15 30 (5.84%) Senior Software Engineer
Libraries, Frameworks & Software Standards
1 246 (47.86%) Web Services
2 155 (30.16%) React
3 128 (24.90%) J2EE
4 119 (23.15%) AngularJS
5 107 (20.82%) Node.js
6 82 (15.95%) .NET
7 40 (7.78%) Vue.js
8 39 (7.59%) J2SE
9 28 (5.45%) FIX Protocol
10 27 (5.25%) REST
11 26 (5.06%) NumPy
11 26 (5.06%) SciPy
11 26 (5.06%) Spring
12 23 (4.47%) Pandas
12 23 (4.47%) Redux
13 20 (3.89%) WPF
14 17 (3.31%) Hibernate
15 12 (2.33%) Esper
16 11 (2.14%) Kafka
17 10 (1.95%) Pyramid
Miscellaneous
1 296 (57.59%) Derivative
2 207 (40.27%) Equities
3 183 (35.60%) Foreign Exchange (FX)
4 134 (26.07%) Hedge funds
5 109 (21.21%) Greenfield Project
6 72 (14.01%) Equity Derivative
7 66 (12.84%) Blog
8 43 (8.37%) Reference Data
9 35 (6.81%) Analytical Skills
10 30 (5.84%) Public Cloud
11 26 (5.06%) Algorithms
12 24 (4.67%) Virtual Team
13 16 (3.11%) Credit Derivative
13 16 (3.11%) Market Risk
14 12 (2.33%) User Experience
15 10 (1.95%) OTC Derivatives
16 9 (1.75%) Credit Risk
16 9 (1.75%) Data Structures
17 6 (1.17%) Self-Motivation
18 5 (0.97%) Cloud Native
Operating Systems
1 32 (6.23%) Linux
2 12 (2.33%) Windows
3 9 (1.75%) Unix
4 2 (0.39%) Windows 10
5 1 (0.19%) Solaris
5 1 (0.19%) Windows NT
Processes & Methodologies
1 295 (57.39%) Asset Management
2 293 (57.00%) Agile Software Development
3 267 (51.95%) Software Engineering
4 128 (24.90%) Microservices
5 126 (24.51%) Investment Management
6 118 (22.96%) Analytics
7 112 (21.79%) Decision-Making
8 93 (18.09%) Portfolio Management
9 73 (14.20%) Open Source
10 69 (13.42%) Electronic Trading
11 59 (11.48%) DevOps
12 57 (11.09%) Migration
13 55 (10.70%) Fund Management
14 54 (10.51%) Quantitative Analysis
15 50 (9.73%) Mentoring
15 50 (9.73%) Multithreading
16 36 (7.00%) Front End Development
16 36 (7.00%) Risk Analytics
16 36 (7.00%) TDD
17 35 (6.81%) Workflow
Programming Languages
1 364 (70.82%) Java
2 271 (52.72%) Python
3 172 (33.46%) JavaScript
4 166 (32.30%) SQL
5 150 (29.18%) C#
6 147 (28.60%) R
7 106 (20.62%) C++
8 38 (7.39%) Kotlin
9 22 (4.28%) Scala
10 11 (2.14%) VBA
11 10 (1.95%) C
12 8 (1.56%) PHP
12 8 (1.56%) T-SQL
13 7 (1.36%) Java 8
13 7 (1.36%) TypeScript
14 6 (1.17%) MATLAB
15 4 (0.78%) Perl
16 3 (0.58%) Haskell
16 3 (0.58%) Shell Script
17 2 (0.39%) F#
Qualifications
1 27 (5.25%) Degree
2 6 (1.17%) Numerate Degree
3 4 (0.78%) Master's Degree
4 2 (0.39%) ISEB
5 1 (0.19%) CFA
5 1 (0.19%) Computer Science Degree
5 1 (0.19%) ITIL Certification
Quality Assurance & Compliance
1 4 (0.78%) Data Quality
1 4 (0.78%) EMIR
1 4 (0.78%) QA
2 3 (0.58%) MiFID
2 3 (0.58%) UCITS
3 2 (0.39%) AIFMD
4 1 (0.19%) PMO
System Software
1 97 (18.87%) Docker
Systems Management
1 71 (13.81%) Kubernetes
2 68 (13.23%) Terraform
3 2 (0.39%) ITRS Geneos
4 1 (0.19%) Control-M
Vendors
1 63 (12.26%) Oracle
2 51 (9.92%) Bloomberg
3 25 (4.86%) Sybase
4 24 (4.67%) Google
5 23 (4.47%) Microsoft
6 20 (3.89%) Charles River
6 20 (3.89%) Reuters
7 17 (3.31%) ION Trading
8 5 (0.97%) DevExpress
8 5 (0.97%) RedGate
9 4 (0.78%) CA
9 4 (0.78%) FIS
9 4 (0.78%) SmartStream
10 3 (0.58%) Eze Software Group
11 2 (0.39%) Atlassian
11 2 (0.39%) CA Agile Central
11 2 (0.39%) SimCorp
12 1 (0.19%) Fidessa
12 1 (0.19%) Murex
12 1 (0.19%) TIBCO