Period
to 18 September 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 18 September 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
18 Sep 2020
Same period 2019 Same period 2018
Rank 92 417 273
Rank change year-on-year +325 -144 -44
Contract jobs citing Fixed Income 762 487 1,009
As % of all contract jobs advertised in the UK 2.54% 0.55% 0.98%
As % of the Miscellaneous category 7.51% 1.74% 3.02%
Number of daily rates quoted 712 249 773
Median daily rate £650 £613 £600
Median daily rate % change year-on-year +6.12% +2.08% -
10th Percentile £500 £405 £463
90th Percentile £813 £750 £738
UK excluding London median daily rate £600 £398 £450
% change year-on-year +50.94% -11.67% +13.21%
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 10,141 28,035 33,423
As % of all contract IT jobs advertised in the UK 33.85% 31.39% 32.43%
Number of daily rates quoted 6,404 17,789 21,570
Median daily rate £475 £475 £470
Median daily rate % change year-on-year - +1.06% +4.44%
10th Percentile £263 £270 £275
90th Percentile £725 £670 £650
UK excluding London median daily rate £425 £425 £415
% change year-on-year - +2.41% +3.75%
Number of hourly rates quoted 468 1,037 1,041
Median hourly rate £34.13 £21.50 £20.00
Median hourly rate % change year-on-year +58.72% +7.50% -4.76%
10th Percentile £13.46 £11.57 £12.25
90th Percentile £55.00 £53.75 £50.25
Median hourly rate £26.89 £20.50 £19.00
% change year-on-year +31.15% +7.89% -5.00%

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 18 September 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 18 September 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 +317 755 £650 +6.12% 59
London +174 751 £650 +6.12% 59
Work from Home - 40 £625 - 8
UK excluding London +272 9 £600 +50.94%
Scotland +73 5 £308 -16.89%
East of England - 4 £650 -

For the 6 months to 18 September 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.

1 552 (72.44%) Front Office
2 551 (72.31%) Finance
3 499 (65.49%) Java
4 475 (62.34%) Agile Software Development
5 445 (58.40%) Derivative
6 411 (53.94%) Asset Management
7 396 (51.97%) Equities
8 389 (51.05%) Web Services
9 381 (50.00%) AWS
10 380 (49.87%) Python
11 338 (44.36%) Software Engineering
12 329 (43.18%) Hedge funds
13 327 (42.91%) Foreign Exchange (FX)
14 315 (41.34%) Investment Management
15 308 (40.42%) Banking
16 294 (38.58%) JavaScript
17 267 (35.04%) Investment Banking
18 264 (34.65%) AngularJS
19 252 (33.07%) React
20 215 (28.22%) Vue.js
21 198 (25.98%) SQL
22 183 (24.02%) Azure
23 172 (22.57%) GCP
24 149 (19.55%) DevOps
25 137 (17.98%) Decision-Making
26 127 (16.67%) Google
27 122 (16.01%) Portfolio Management
28 120 (15.75%) C#
29 110 (14.44%) Serverless
30 108 (14.17%) Business Analysis

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 13 (1.71%) JBoss
2 10 (1.31%) Confluence
2 10 (1.31%) MTS
3 9 (1.18%) Jupyter
3 9 (1.18%) Red Hat Fuse
4 7 (0.92%) Mule
5 6 (0.79%) Oracle Workflow
6 4 (0.52%) Apache Spark
6 4 (0.52%) WebLogic
7 3 (0.39%) Apache
7 3 (0.39%) Oracle Coherence
7 3 (0.39%) Oracle SOA Suite
8 2 (0.26%) IIS
9 1 (0.13%) SAS
Applications
1 25 (3.28%) Microsoft Excel
2 6 (0.79%) Chatbot
3 5 (0.66%) MS Visio
3 5 (0.66%) Spreadsheet
4 3 (0.39%) InVision
4 3 (0.39%) Sketch
5 2 (0.26%) Microsoft Office
Business Applications
1 36 (4.72%) Markit EDM
2 26 (3.41%) Eagle PACE
3 22 (2.89%) ION MarketView
4 11 (1.44%) Bloomberg TOMS
5 9 (1.18%) SimCorp Dimension
6 8 (1.05%) Front Arena
7 5 (0.66%) thinkFolio
8 4 (0.52%) Sentinel
9 3 (0.39%) Actimize
9 3 (0.39%) Bloomberg AIM
10 2 (0.26%) RMDS
11 1 (0.13%) FINCAD Analytics
11 1 (0.13%) SunGard Martini
Cloud Services
1 381 (50.00%) AWS
2 183 (24.02%) Azure
3 172 (22.57%) GCP
4 110 (14.44%) Serverless
5 108 (14.17%) AWS Lambda
6 101 (13.25%) Amazon EC2
7 99 (12.99%) Amazon S3
8 72 (9.45%) OpenShift
9 60 (7.87%) Amazon SQS
10 55 (7.22%) Amazon ECS
11 52 (6.82%) AWS CloudFormation
12 4 (0.52%) AWS Step Functions
13 3 (0.39%) Apigee
14 2 (0.26%) Amazon EMR
14 2 (0.26%) Cloud Computing
Communications & Networking
1 3 (0.39%) Multicast
2 2 (0.26%) AMQP
2 2 (0.26%) FIX Connectivity
3 1 (0.13%) TCP/IP
Database & Business Intelligence
1 100 (13.12%) SQL Server
2 60 (7.87%) Amazon RDS
3 57 (7.48%) Amazon Redshift
4 47 (6.17%) NoSQL
5 44 (5.77%) Amazon DynamoDB
6 31 (4.07%) MongoDB
7 27 (3.54%) Relational Database
8 13 (1.71%) MySQL
9 10 (1.31%) RDBMS
10 8 (1.05%) Hadoop
10 8 (1.05%) Hazelcast
11 7 (0.92%) Big Data
11 7 (0.92%) KDB
11 7 (0.92%) PostgreSQL
12 6 (0.79%) Redis
13 5 (0.66%) MS Access
14 3 (0.39%) Apache Ignite
15 2 (0.26%) Amazon Athena
15 2 (0.26%) Amazon Aurora
15 2 (0.26%) Data Lake
Development Applications
1 91 (11.94%) RStudio
2 79 (10.37%) Git (software)
3 61 (8.01%) Artifactory
4 59 (7.74%) Jenkins
5 38 (4.99%) Maven
6 24 (3.15%) Subversion
7 19 (2.49%) JUnit
8 16 (2.10%) JIRA
9 14 (1.84%) Cucumber
10 10 (1.31%) Atlassian Bamboo
10 10 (1.31%) Robot Framework
11 9 (1.18%) FishEye
11 9 (1.18%) FitNesse
11 9 (1.18%) git-flow
11 9 (1.18%) Hudson
11 9 (1.18%) jMock
12 6 (0.79%) TeamCity
13 5 (0.66%) Ant
14 3 (0.39%) GCC
14 3 (0.39%) Visual Studio
General
1 552 (72.44%) Front Office
2 551 (72.31%) Finance
3 308 (40.42%) Banking
4 267 (35.04%) Investment Banking
5 47 (6.17%) Back Office
6 7 (0.92%) Advertising
6 7 (0.92%) Financial Institution
6 7 (0.92%) Legal
7 6 (0.79%) Marketing
8 2 (0.26%) French Language
8 2 (0.26%) German Language
Job Titles
1 526 (69.03%) Developer
2 219 (28.74%) Java Developer
3 179 (23.49%) AWS Engineer
4 161 (21.13%) AWS Developer
5 146 (19.16%) Software Engineer
6 138 (18.11%) Python Developer
7 130 (17.06%) Developer/Software Engineer
8 105 (13.78%) JavaScript Developer
9 91 (11.94%) Python Engineer
10 83 (10.89%) Front Office Developer
11 79 (10.37%) Analyst
12 75 (9.84%) AWS Software Engineer
13 67 (8.79%) JavaScript Engineer
14 62 (8.14%) Senior Developer
15 59 (7.74%) Electronic Trading Developer
16 58 (7.61%) Python Software Engineer
17 49 (6.43%) Java Engineer
18 48 (6.30%) Lead Developer
18 48 (6.30%) Senior Java Developer
19 45 (5.91%) Electronic Trading Java Developer
Libraries, Frameworks & Software Standards
1 389 (51.05%) Web Services
2 264 (34.65%) AngularJS
3 252 (33.07%) React
4 215 (28.22%) Vue.js
5 101 (13.25%) .NET
6 78 (10.24%) Node.js
7 64 (8.40%) J2EE
8 60 (7.87%) .NET Core
9 58 (7.61%) ASP.NET
10 47 (6.17%) ASP.NET Core
11 44 (5.77%) J2SE
12 36 (4.72%) Pandas
13 35 (4.59%) Spring
14 25 (3.28%) JMS
15 24 (3.15%) WPF
16 21 (2.76%) Hibernate
17 19 (2.49%) HTML
18 18 (2.36%) Shiny
18 18 (2.36%) XML
19 17 (2.23%) Middleware
Miscellaneous
1 445 (58.40%) Derivative
2 396 (51.97%) Equities
3 329 (43.18%) Hedge funds
4 327 (42.91%) Foreign Exchange (FX)
5 63 (8.27%) Greenfield Project
6 39 (5.12%) Reference Data
7 35 (4.59%) Credit Derivative
8 27 (3.54%) Blog
9 24 (3.15%) User Experience
10 16 (2.10%) Analytical Skills
10 16 (2.10%) OTC Derivatives
11 15 (1.97%) Equity Derivative
12 11 (1.44%) Algorithms
12 11 (1.44%) Credit Risk
13 10 (1.31%) Eurex
14 9 (1.18%) Public Cloud
15 8 (1.05%) Data Structures
16 6 (0.79%) Robotics
17 5 (0.66%) Cloud Native
17 5 (0.66%) Enterprise Software
Operating Systems
1 57 (7.48%) Linux
2 22 (2.89%) Unix
3 14 (1.84%) Windows
4 8 (1.05%) CentOS
5 2 (0.26%) Windows Server
Processes & Methodologies
1 475 (62.34%) Agile Software Development
2 411 (53.94%) Asset Management
3 338 (44.36%) Software Engineering
4 315 (41.34%) Investment Management
5 149 (19.55%) DevOps
6 137 (17.98%) Decision-Making
7 122 (16.01%) Portfolio Management
8 108 (14.17%) Business Analysis
9 102 (13.39%) Migration
10 97 (12.73%) Electronic Trading
11 85 (11.15%) Microservices
12 83 (10.89%) Analytics
13 79 (10.37%) Fintech
14 75 (9.84%) Multithreading
15 73 (9.58%) Scrum
16 71 (9.32%) SDLC
17 64 (8.40%) TDD
18 61 (8.01%) Front End Development
19 55 (7.22%) Deployment Automation
20 47 (6.17%) Technical Analysis
Programming Languages
1 499 (65.49%) Java
2 380 (49.87%) Python
3 294 (38.58%) JavaScript
4 198 (25.98%) SQL
5 120 (15.75%) C#
6 97 (12.73%) R
7 48 (6.30%) Kotlin
8 44 (5.77%) C++
9 42 (5.51%) T-SQL
10 33 (4.33%) TypeScript
11 28 (3.67%) C
12 26 (3.41%) VBA
13 13 (1.71%) MATLAB
14 12 (1.57%) Scala
14 12 (1.57%) Shell Script
15 11 (1.44%) Java 8
16 8 (1.05%) Bash Shell
17 6 (0.79%) ES6
18 5 (0.66%) Perl
19 3 (0.39%) Clojure
Qualifications
1 19 (2.49%) Degree
2 6 (0.79%) Computer Science Degree
3 5 (0.66%) Numerate Degree
4 4 (0.52%) CFA
4 4 (0.52%) CIMA
4 4 (0.52%) PhD
5 2 (0.26%) Master's Degree
6 1 (0.13%) MBA
Quality Assurance & Compliance
1 5 (0.66%) QA
2 3 (0.39%) Data Quality
3 2 (0.26%) MiFID
4 1 (0.13%) ISO 20022
System Software
1 84 (11.02%) Docker
Systems Management
1 81 (10.63%) Kubernetes
2 56 (7.35%) Terraform
3 8 (1.05%) Consul
3 8 (1.05%) Packer
4 2 (0.26%) Opscode Chef
5 1 (0.13%) Prometheus
Vendors
1 127 (16.67%) Google
2 88 (11.55%) Bloomberg
3 47 (6.17%) ION Trading
4 45 (5.91%) Oracle
5 34 (4.46%) Reuters
6 30 (3.94%) Microsoft
7 26 (3.41%) FactSet
8 18 (2.36%) Sybase
9 16 (2.10%) Charles River
10 13 (1.71%) SimCorp
11 12 (1.57%) Murex
11 12 (1.57%) Tradeweb
12 11 (1.44%) Atlassian
12 11 (1.44%) MarketAxess
13 9 (1.18%) Calypso
13 9 (1.18%) GoldenSource
14 4 (0.52%) DevExpress
14 4 (0.52%) FIS
15 3 (0.39%) RedGate
15 3 (0.39%) WSO2