Period
to 19 September 2021

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 19 September 2021 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
19 Sep 2021
Same period 2020 Same period 2019
Rank 282 93 442
Rank change year-on-year -189 +349 -158
Contract jobs citing Fixed Income 741 758 482
As % of all contract jobs advertised in the UK 0.94% 2.56% 0.54%
As % of the Miscellaneous category 3.17% 8.17% 1.88%
Number of daily rates quoted 579 683 250
10th Percentile £488 £500 £411
25th Percentile £564 £550 £525
Median daily rate (50th Percentile) £650 £650 £613
Median % change year-on-year - +6.12% +1.24%
75th Percentile £750 £800 £700
90th Percentile £800 £813 £763
UK excluding London median daily rate £560 £600 £398
% change year-on-year -6.67% +50.94% -11.67%

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 23,347 9,279 25,695
As % of all contract IT jobs advertised in the UK 29.75% 31.40% 28.91%
Number of daily rates quoted 16,210 6,225 16,844
10th Percentile £306 £269 £275
25th Percentile £413 £375 £375
Median daily rate (50th Percentile) £513 £495 £475
Median % change year-on-year +3.54% +4.21% -
75th Percentile £625 £613 £575
90th Percentile £713 £725 £675
UK excluding London median daily rate £450 £425 £425
% change year-on-year +5.88% - -
Number of hourly rates quoted 680 329 870
10th Percentile £12.00 £12.47 £11.63
25th Percentile £15.04 £17.25 £14.25
Median hourly rate £25.00 £27.00 £20.86
Median % change year-on-year -7.41% +29.47% -0.69%
75th Percentile £49.52 £46.00 £47.25
90th Percentile £65.00 £57.50 £53.75
UK excluding London median hourly rate £21.20 £23.70 £19.11
% change year-on-year -10.55% +24.05% -4.48%

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 19 September 2021.

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 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 19 September 2021. 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 -155 704 £650 - 72
London -86 697 £650 - 68
Work from Home -171 122 £650 +2.36% 7
UK excluding London -139 11 £560 -6.67% 4
Scotland -73 5 £415 +34.96%
East Midlands - 3 £575 -
Midlands - 3 £575 - 2
South East - 3 £950 - 1

For the 6 months to 19 September 2021, 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.

1 396 (53.44%) Java
2 395 (53.31%) Front Office
3 373 (50.34%) Finance
4 328 (44.26%) Banking
5 283 (38.19%) Agile Software Development
6 263 (35.49%) SQL
7 255 (34.41%) Foreign Exchange (FX)
8 238 (32.12%) Equities
9 214 (28.88%) Derivative
10 207 (27.94%) Investment Banking
11 206 (27.80%) Python
12 164 (22.13%) Electronic Trading
13 155 (20.92%) Full Stack Development
14 153 (20.65%) JavaScript
15 152 (20.51%) AWS
16 142 (19.16%) Social Skills
17 141 (19.03%) Asset Management
18 139 (18.76%) C#
19 134 (18.08%) Analytics
20 131 (17.68%) React
21 130 (17.54%) Multithreading
22 129 (17.41%) AngularJS
23 125 (16.87%) Software Engineering
24 120 (16.19%) Azure
25 119 (16.06%) C++
26 111 (14.98%) Oracle
27 104 (14.04%) .NET
27 104 (14.04%) ION Trading
28 102 (13.77%) TypeScript
29 97 (13.09%) Investment Management

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 22 (2.97%) Apache
2 19 (2.56%) Apache Airflow
3 13 (1.75%) Oracle Workflow
4 11 (1.48%) Confluence
5 9 (1.21%) Oracle SOA Suite
6 8 (1.08%) Apache Spark
6 8 (1.08%) Red Hat Fuse
7 7 (0.94%) JBoss
7 7 (0.94%) Jupyter
8 5 (0.67%) Mule
9 4 (0.54%) Tomcat
10 3 (0.40%) Elasticsearch
10 3 (0.40%) nginx
11 2 (0.27%) WebLogic
12 1 (0.13%) GemFire
12 1 (0.13%) SAS
Applications
1 27 (3.64%) Microsoft Excel
2 9 (1.21%) Spreadsheet
3 6 (0.81%) Microsoft Office
4 2 (0.27%) Microsoft PowerPoint
5 1 (0.13%) MS Visio
Business Applications
1 32 (4.32%) ION MarketView
2 15 (2.02%) SunGard Martini
3 7 (0.94%) thinkFolio
4 4 (0.54%) Oracle Assets
4 4 (0.54%) Oracle EBS
4 4 (0.54%) Oracle E-Business Tax
4 4 (0.54%) Oracle FAH
4 4 (0.54%) Oracle Financials
4 4 (0.54%) Oracle General Ledger
4 4 (0.54%) Oracle Internet Expenses
4 4 (0.54%) Oracle iProcurement
4 4 (0.54%) Oracle Payables
4 4 (0.54%) Oracle Receivables
4 4 (0.54%) Oracle Subledger Accounting
4 4 (0.54%) Summit
5 3 (0.40%) Markit EDM
6 2 (0.27%) Bloomberg TOMS
6 2 (0.27%) Eagle PACE
6 2 (0.27%) Loan IQ
7 1 (0.13%) Advent Geneva
Cloud Services
1 152 (20.51%) AWS
2 120 (16.19%) Azure
3 55 (7.42%) GCP
4 44 (5.94%) Amazon EC2
4 44 (5.94%) Amazon S3
5 43 (5.80%) AWS Lambda
5 43 (5.80%) Serverless
6 17 (2.29%) OpenShift
7 3 (0.40%) Amazon ECS
7 3 (0.40%) Amazon EKS
8 2 (0.27%) AWS CloudFormation
8 2 (0.27%) NuGet
9 1 (0.13%) GitHub
9 1 (0.13%) Power Platform
9 1 (0.13%) Smartsheet
Communications & Networking
1 16 (2.16%) FIX Connectivity
2 14 (1.89%) SSL
2 14 (1.89%) TCP/IP
3 7 (0.94%) BGP
4 1 (0.13%) Internet
4 1 (0.13%) LAN
4 1 (0.13%) Multicast
Database & Business Intelligence
1 84 (11.34%) SQL Server
2 47 (6.34%) Relational Database
3 46 (6.21%) Amazon DynamoDB
4 34 (4.59%) NoSQL
5 20 (2.70%) MongoDB
6 19 (2.56%) Redis
7 18 (2.43%) Oracle Database
7 18 (2.43%) RDBMS
8 17 (2.29%) Amazon Athena
8 17 (2.29%) Apache Ignite
9 16 (2.16%) Hazelcast
10 13 (1.75%) Oracle Database 12c
11 11 (1.48%) Big Data
11 11 (1.48%) Tableau
12 10 (1.35%) Tableau Desktop
12 10 (1.35%) Tableau Server
13 9 (1.21%) Data Mart
14 8 (1.08%) Metadata
14 8 (1.08%) MySQL
15 7 (0.94%) SQL Server Analysis Services
Development Applications
1 68 (9.18%) JIRA
2 61 (8.23%) Git (software)
3 35 (4.72%) Subversion
4 25 (3.37%) TeamCity
5 19 (2.56%) JUnit
6 18 (2.43%) Maven
6 18 (2.43%) Oracle APEX
7 15 (2.02%) Cucumber
7 15 (2.02%) Visual Studio
8 14 (1.89%) Jenkins
9 13 (1.75%) CppUnit
10 12 (1.62%) Octopus Deploy
11 11 (1.48%) Moq
12 7 (0.94%) Atlassian Bamboo
13 5 (0.67%) Artifactory
13 5 (0.67%) FishEye
13 5 (0.67%) Hudson
13 5 (0.67%) jMock
13 5 (0.67%) Sonatype Nexus
14 4 (0.54%) Bitbucket
General
1 395 (53.31%) Front Office
2 373 (50.34%) Finance
3 328 (44.26%) Banking
4 207 (27.94%) Investment Banking
5 142 (19.16%) Social Skills
6 76 (10.26%) Analytical Skills
7 19 (2.56%) Back Office
8 16 (2.16%) Financial Institution
8 16 (2.16%) Legal
9 12 (1.62%) Influencing Skills
9 12 (1.62%) Organisational Skills
10 9 (1.21%) Presentation Skills
11 4 (0.54%) Advertising
11 4 (0.54%) Public Speaking
12 3 (0.40%) Documentation Skills
13 2 (0.27%) German Language
13 2 (0.27%) Marketing
13 2 (0.27%) Private Banking
13 2 (0.27%) Public Sector
14 1 (0.13%) International Banking
Job Titles
1 489 (65.99%) Developer
2 206 (27.80%) Java Developer
3 134 (18.08%) Front Office Developer
4 126 (17.00%) Analyst
5 77 (10.39%) Electronic Trading Developer
6 75 (10.12%) Python Developer
7 69 (9.31%) Business Analyst
8 67 (9.04%) C# Developer
9 65 (8.77%) JavaScript Developer
10 63 (8.50%) Senior Developer
11 61 (8.23%) Electronic Trading Java Developer
12 56 (7.56%) Software Engineer
13 55 (7.42%) Developer/Software Engineer
14 53 (7.15%) React Developer
15 50 (6.75%) Full Stack Developer
16 49 (6.61%) Python Engineer
17 43 (5.80%) Python Software Engineer
17 43 (5.80%) Senior Java Developer
18 42 (5.67%) Investment Banking Java Developer
19 39 (5.26%) .NET Developer
Libraries, Frameworks & Software Standards
1 131 (17.68%) React
2 129 (17.41%) AngularJS
3 104 (14.04%) .NET
4 88 (11.88%) Web Services
5 68 (9.18%) Node.js
6 56 (7.56%) Spring
6 56 (7.56%) Vue.js
7 46 (6.21%) Middleware
8 45 (6.07%) RESTful
9 41 (5.53%) Spring Boot
10 37 (4.99%) FIX Protocol
10 37 (4.99%) XML
11 30 (4.05%) HTML
12 28 (3.78%) GraphQL
12 28 (3.78%) REST
12 28 (3.78%) WPF
13 27 (3.64%) Redux
14 26 (3.51%) Rendezvous
15 24 (3.24%) HTML5
16 19 (2.56%) ASP.NET Web API
Miscellaneous
1 255 (34.41%) Foreign Exchange (FX)
2 238 (32.12%) Equities
3 214 (28.88%) Derivative
4 68 (9.18%) Hedge funds
5 62 (8.37%) Algorithms
6 47 (6.34%) Credit Risk
7 37 (4.99%) Data Structures
7 37 (4.99%) Greenfield Project
8 32 (4.32%) User Experience
9 24 (3.24%) Legacy Systems
10 19 (2.56%) Data Protection Act
11 18 (2.43%) Credit Derivative
12 17 (2.29%) Market Risk
13 16 (2.16%) Reference Data
14 14 (1.89%) Self-Motivation
15 13 (1.75%) Equity Derivative
16 12 (1.62%) OTC Derivatives
17 9 (1.21%) Enterprise Software
18 8 (1.08%) Virtual Team
19 7 (0.94%) Hybrid Cloud
Operating Systems
1 86 (11.61%) Linux
2 49 (6.61%) Unix
3 33 (4.45%) Windows
4 2 (0.27%) Android
4 2 (0.27%) Apple iOS
4 2 (0.27%) Solaris
Processes & Methodologies
1 283 (38.19%) Agile Software Development
2 164 (22.13%) Electronic Trading
3 155 (20.92%) Full Stack Development
4 141 (19.03%) Asset Management
5 134 (18.08%) Analytics
6 130 (17.54%) Multithreading
7 125 (16.87%) Software Engineering
8 97 (13.09%) Investment Management
9 92 (12.42%) Low Latency
10 89 (12.01%) TDD
11 70 (9.45%) SDLC
12 67 (9.04%) Problem-Solving
13 66 (8.91%) Test Automation
14 64 (8.64%) DevOps
15 58 (7.83%) Multithreaded Programming
16 49 (6.61%) Scrum
17 44 (5.94%) Portfolio Management
18 43 (5.80%) Microservices
19 39 (5.26%) Requirements Gathering
19 39 (5.26%) Workflow
Programming Languages
1 396 (53.44%) Java
2 263 (35.49%) SQL
3 206 (27.80%) Python
4 153 (20.65%) JavaScript
5 139 (18.76%) C#
6 119 (16.06%) C++
7 102 (13.77%) TypeScript
8 71 (9.58%) Kotlin
9 46 (6.21%) Scala
10 36 (4.86%) Java 8
11 33 (4.45%) Java 9
12 20 (2.70%) VBA
13 18 (2.43%) Perl
14 13 (1.75%) PL/SQL
15 12 (1.62%) Haskell
16 10 (1.35%) R
17 9 (1.21%) C
18 7 (0.94%) Java 11
18 7 (0.94%) Shell Script
18 7 (0.94%) T-SQL
Qualifications
1 36 (4.86%) Degree
2 7 (0.94%) Computer Science Degree
3 5 (0.67%) Sun Certification
4 2 (0.27%) ISEB
4 2 (0.27%) Master's Degree
4 2 (0.27%) PhD
4 2 (0.27%) PMP
5 1 (0.13%) CFA
5 1 (0.13%) ISTQB
5 1 (0.13%) MBA
5 1 (0.13%) Numerate Degree
5 1 (0.13%) SC Cleared
5 1 (0.13%) Security Cleared
Quality Assurance & Compliance
1 15 (2.02%) PMO
2 10 (1.35%) Data Quality
2 10 (1.35%) MiFID
2 10 (1.35%) QA
3 8 (1.08%) GDPR
4 6 (0.81%) EMIR
4 6 (0.81%) UCITS
5 5 (0.67%) SLA
6 4 (0.54%) Dodd-Frank
7 1 (0.13%) AIFMD
7 1 (0.13%) Basel II
System Software
1 53 (7.15%) Docker
2 5 (0.67%) Platform Symphony
Systems Management
1 47 (6.34%) Kubernetes
2 15 (2.02%) Terraform
3 3 (0.40%) BladeLogic
3 3 (0.40%) ITRS Geneos
4 2 (0.27%) Ansible
4 2 (0.27%) Control-M
5 1 (0.13%) Hadoop YARN
5 1 (0.13%) Oozie
5 1 (0.13%) Opscode Chef
5 1 (0.13%) Packer
5 1 (0.13%) Puppet
Vendors
1 111 (14.98%) Oracle
2 104 (14.04%) ION Trading
3 47 (6.34%) Bloomberg
4 37 (4.99%) TIBCO
5 30 (4.05%) Murex
6 24 (3.24%) Microsoft
7 17 (2.29%) FIS
8 16 (2.16%) Sybase
9 15 (2.02%) SunGard
10 12 (1.62%) DevExpress
11 9 (1.21%) RedGate
12 6 (0.81%) Solace
13 5 (0.67%) Atlassian
13 5 (0.67%) Charles River
13 5 (0.67%) MarketAxess
13 5 (0.67%) Refinitiv
14 4 (0.54%) Fidessa
14 4 (0.54%) Perforce
14 4 (0.54%) Tradeweb
15 3 (0.40%) Rogue Wave