Period
to 22 January 2022

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 22 January 2022 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
22 Jan 2022
Same period 2021 Same period 2020
Rank 301 186 347
Rank change year-on-year -115 +161 -21
Contract jobs citing Fixed Income 760 600 515
As % of all contract jobs advertised in the UK 0.88% 1.44% 0.71%
As % of the Miscellaneous category 2.89% 4.61% 2.49%
Number of daily rates quoted 589 511 325
10th Percentile £525 £475 £500
25th Percentile £588 £538 £581
Median daily rate (50th Percentile) £675 £645 £650
Median % change year-on-year +4.65% -0.77% +4.00%
75th Percentile £788 £750 £750
90th Percentile £837 £800 £800
UK excluding London median daily rate £613 £400 £625
% change year-on-year +53.13% -36.00% +54.32%

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 26,305 13,002 20,718
As % of all contract IT jobs advertised in the UK 30.32% 31.15% 28.50%
Number of daily rates quoted 18,534 8,831 13,553
10th Percentile £300 £258 £250
25th Percentile £413 £363 £363
Median daily rate (50th Percentile) £525 £475 £470
Median % change year-on-year +10.53% +1.06% -1.05%
75th Percentile £638 £588 £575
90th Percentile £738 £688 £675
UK excluding London median daily rate £450 £415 £425
% change year-on-year +8.43% -2.35% -
Number of hourly rates quoted 663 511 817
10th Percentile £12.37 £12.50 £12.36
25th Percentile £16.00 £16.88 £15.25
Median hourly rate £26.27 £26.00 £21.00
Median % change year-on-year +1.04% +23.81% +5.00%
75th Percentile £49.75 £46.00 £44.50
90th Percentile £65.40 £58.75 £53.00
UK excluding London median hourly rate £20.00 £25.00 £20.50
% change year-on-year -20.00% +21.95% +13.70%

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 22 January 2022.

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 22 January 2022. 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
Jobs
England -90 744 £675 +5.47% 99
London -73 732 £684 +6.84% 99
Work from Home -75 140 £575 -11.54% 10
UK excluding London -116 3 £613 +53.13%
Scotland -50 1 £415 +3.75%
East Midlands - 1 £613 -
Midlands - 1 £613 -
Northern Ireland - 1 £663 -

For the 6 months to 22 January 2022, 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.

1 427 (56.18%) Front Office
2 372 (48.95%) Finance
3 327 (43.03%) Java
4 304 (40.00%) Banking
5 288 (37.89%) Agile Software Development
6 279 (36.71%) Foreign Exchange (FX)
7 264 (34.74%) Equities
8 243 (31.97%) Derivative
9 221 (29.08%) Investment Banking
10 218 (28.68%) SQL
11 210 (27.63%) Python
12 181 (23.82%) Asset Management
12 181 (23.82%) Electronic Trading
13 174 (22.89%) React
14 171 (22.50%) AWS
15 170 (22.37%) Software Engineering
16 164 (21.58%) JavaScript
17 144 (18.95%) Investment Management
18 143 (18.82%) CI/CD
19 137 (18.03%) Social Skills
20 135 (17.76%) Hedge funds
21 130 (17.11%) Full Stack Development
22 127 (16.71%) ION Trading
23 126 (16.58%) TypeScript
24 123 (16.18%) Analytics
25 120 (15.79%) Multithreading
26 112 (14.74%) Azure
26 112 (14.74%) Analytical Skills
27 104 (13.68%) C#
28 90 (11.84%) AngularJS

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 26 (3.42%) Oracle Workflow
2 24 (3.16%) Confluence
3 16 (2.11%) Apache
4 15 (1.97%) Apache Airflow
5 8 (1.05%) MTS
6 5 (0.66%) Jupyter
7 3 (0.39%) Elasticsearch
7 3 (0.39%) SAS
8 2 (0.26%) JBoss
8 2 (0.26%) Mule
8 2 (0.26%) Red Hat Fuse
9 1 (0.13%) nginx
9 1 (0.13%) WebLogic
Applications
1 25 (3.29%) Microsoft Excel
2 15 (1.97%) Spreadsheet
3 11 (1.45%) Microsoft PowerPoint
4 10 (1.32%) MS Visio
5 8 (1.05%) Chatbot
6 5 (0.66%) Microsoft Office
Business Applications
1 36 (4.74%) ION MarketView
2 8 (1.05%) BondVision
3 6 (0.79%) FINCAD Analytics
3 6 (0.79%) thinkFolio
4 5 (0.66%) Distributed Ledger
4 5 (0.66%) Markit EDM
4 5 (0.66%) SimCorp Dimension
5 4 (0.53%) Bloomberg TOMS
5 4 (0.53%) SunGard Martini
6 3 (0.39%) SAP S/4HANA
7 2 (0.26%) PeopleSoft Financials
8 1 (0.13%) Eagle PACE
8 1 (0.13%) Minerva
8 1 (0.13%) RMDS
Cloud Services
1 171 (22.50%) AWS
2 112 (14.74%) Azure
3 74 (9.74%) GCP
4 37 (4.87%) Serverless
5 34 (4.47%) Amazon EC2
5 34 (4.47%) AWS Lambda
6 33 (4.34%) Amazon S3
7 11 (1.45%) OpenShift
8 3 (0.39%) Amazon ECS
8 3 (0.39%) Amazon EKS
8 3 (0.39%) Azure Functions
8 3 (0.39%) NuGet
8 3 (0.39%) Power Platform
9 2 (0.26%) IaaS
10 1 (0.13%) Asana
10 1 (0.13%) AWS CloudFormation
10 1 (0.13%) Azure Stack
10 1 (0.13%) GitHub
10 1 (0.13%) PaaS
10 1 (0.13%) Slack
Communications & Networking
1 37 (4.87%) FIX Connectivity
2 10 (1.32%) TCP/IP
3 5 (0.66%) SSL
4 3 (0.39%) LAN
5 2 (0.26%) BGP
6 1 (0.13%) Internet
6 1 (0.13%) VPN
Database & Business Intelligence
1 66 (8.68%) SQL Server
2 40 (5.26%) NoSQL
3 37 (4.87%) Amazon DynamoDB
4 31 (4.08%) Relational Database
5 22 (2.89%) RDBMS
6 21 (2.76%) MongoDB
7 14 (1.84%) Amazon Athena
7 14 (1.84%) Apache Ignite
7 14 (1.84%) Oracle Database
8 9 (1.18%) PostgreSQL
9 8 (1.05%) SQL Server 2012
10 6 (0.79%) Big Data
11 5 (0.66%) Data Mart
11 5 (0.66%) KDB
11 5 (0.66%) Oracle Reports
11 5 (0.66%) Redis
12 4 (0.53%) Data Warehouse
12 4 (0.53%) MySQL
13 3 (0.39%) Metadata
13 3 (0.39%) Power BI
Development Applications
1 70 (9.21%) JIRA
2 39 (5.13%) Git (software)
3 22 (2.89%) TeamCity
4 15 (1.97%) Maven
5 12 (1.58%) Cucumber
6 10 (1.32%) Jenkins
6 10 (1.32%) Moq
6 10 (1.32%) NUnit
7 8 (1.05%) Artifactory
8 7 (0.92%) Sonatype Nexus
9 5 (0.66%) Atlassian Bamboo
9 5 (0.66%) Cypress.io
10 3 (0.39%) git-flow
10 3 (0.39%) Jasmine
10 3 (0.39%) Karma Test Runner
10 3 (0.39%) Oracle APEX
10 3 (0.39%) Subversion
11 2 (0.26%) JUnit
11 2 (0.26%) Octopus Deploy
11 2 (0.26%) Visual Studio
General
1 427 (56.18%) Front Office
2 372 (48.95%) Finance
3 304 (40.00%) Banking
4 221 (29.08%) Investment Banking
5 137 (18.03%) Social Skills
6 112 (14.74%) Analytical Skills
7 24 (3.16%) Back Office
8 20 (2.63%) Legal
9 19 (2.50%) Financial Institution
9 19 (2.50%) Presentation Skills
10 17 (2.24%) Organisational Skills
11 12 (1.58%) Public Speaking
12 9 (1.18%) Influencing Skills
13 5 (0.66%) German Language
14 4 (0.53%) International Banking
14 4 (0.53%) Prime Brokerage
15 3 (0.39%) General Ledger
16 2 (0.26%) Documentation Skills
16 2 (0.26%) Public Sector
16 2 (0.26%) Synthetic Prime Brokerage
Job Titles
1 459 (60.39%) Developer
2 182 (23.95%) Java Developer
3 149 (19.61%) Analyst
4 128 (16.84%) Developer/Software Engineer
4 128 (16.84%) Software Engineer
5 113 (14.87%) Business Analyst
6 93 (12.24%) Python Developer
7 92 (12.11%) Front Office Developer
8 71 (9.34%) Electronic Trading Developer
9 69 (9.08%) Electronic Trading Java Developer
10 65 (8.55%) AWS Developer
10 65 (8.55%) AWS Engineer
10 65 (8.55%) AWS Software Engineer
11 55 (7.24%) Python Engineer
12 54 (7.11%) .NET Developer
12 54 (7.11%) Senior Developer
13 50 (6.58%) Python Software Engineer
14 49 (6.45%) React Developer
15 42 (5.53%) Investment Banking Business Analyst
16 41 (5.39%) C# Developer
Libraries, Frameworks & Software Standards
1 174 (22.89%) React
2 90 (11.84%) AngularJS
3 81 (10.66%) .NET
4 67 (8.82%) FIX Protocol
5 60 (7.89%) Vue.js
6 53 (6.97%) Node.js
7 44 (5.79%) .NET Core
8 43 (5.66%) ASP.NET Web API
9 42 (5.53%) ASP.NET
10 39 (5.13%) ASP.NET Core
11 38 (5.00%) Middleware
11 38 (5.00%) Rendezvous
12 34 (4.47%) XML
13 30 (3.95%) Protocol Buffers
14 28 (3.68%) gRPC
15 27 (3.55%) Pandas
15 27 (3.55%) Spring
16 26 (3.42%) WPF
17 23 (3.03%) RESTful
18 22 (2.89%) NumPy
Miscellaneous
1 279 (36.71%) Foreign Exchange (FX)
2 264 (34.74%) Equities
3 243 (31.97%) Derivative
4 135 (17.76%) Hedge funds
5 56 (7.37%) Greenfield Project
6 52 (6.84%) Algorithms
7 44 (5.79%) Credit Derivative
8 35 (4.61%) User Experience
9 34 (4.47%) Credit Risk
10 29 (3.82%) Data Structures
11 28 (3.68%) OTC Derivatives
12 22 (2.89%) Market Risk
13 20 (2.63%) Equity Derivative
14 16 (2.11%) Management Information System
15 14 (1.84%) Legacy Systems
16 13 (1.71%) Data Protection Act
17 11 (1.45%) Virtual Team
18 10 (1.32%) Reference Data
19 8 (1.05%) Data Centre
19 8 (1.05%) Eurex
Operating Systems
1 61 (8.03%) Linux
2 52 (6.84%) Unix
3 41 (5.39%) Windows
4 2 (0.26%) Android
4 2 (0.26%) Apple iOS
4 2 (0.26%) Solaris
Processes & Methodologies
1 288 (37.89%) Agile Software Development
2 181 (23.82%) Asset Management
2 181 (23.82%) Electronic Trading
3 170 (22.37%) Software Engineering
4 144 (18.95%) Investment Management
5 143 (18.82%) CI/CD
6 130 (17.11%) Full Stack Development
7 123 (16.18%) Analytics
8 120 (15.79%) Multithreading
9 87 (11.45%) Low Latency
10 72 (9.47%) Test Automation
10 72 (9.47%) Workflow
11 66 (8.68%) Problem-Solving
12 65 (8.55%) Microservices
13 63 (8.29%) Business Analysis
14 62 (8.16%) Front End Development
15 59 (7.76%) DevOps
16 56 (7.37%) Multithreaded Programming
17 51 (6.71%) TDD
18 46 (6.05%) Migration
Programming Languages
1 327 (43.03%) Java
2 218 (28.68%) SQL
3 210 (27.63%) Python
4 164 (21.58%) JavaScript
5 126 (16.58%) TypeScript
6 104 (13.68%) C#
7 74 (9.74%) C++
8 47 (6.18%) Kotlin
9 20 (2.63%) Scala
10 19 (2.50%) Java 9
11 13 (1.71%) T-SQL
12 12 (1.58%) Java 8
13 11 (1.45%) Perl
14 8 (1.05%) Bash
15 7 (0.92%) Shell Script
15 7 (0.92%) VBA
16 6 (0.79%) Java 11
17 4 (0.53%) MATLAB
18 3 (0.39%) ES6
18 3 (0.39%) PL/SQL
Qualifications
1 25 (3.29%) Degree
2 9 (1.18%) Computer Science Degree
3 7 (0.92%) PMP
4 6 (0.79%) Numerate Degree
4 6 (0.79%) PhD
5 2 (0.26%) PMI Certification
6 1 (0.13%) Master's Degree
6 1 (0.13%) MBA
Quality Assurance & Compliance
1 44 (5.79%) QA
2 24 (3.16%) Dodd-Frank
3 18 (2.37%) MiFID
4 16 (2.11%) EMIR
5 14 (1.84%) IFRS
5 14 (1.84%) PMO
6 12 (1.58%) GAAP
7 8 (1.05%) IFRS 9
8 6 (0.79%) FRS 29
9 4 (0.53%) Data Quality
9 4 (0.53%) GDPR
10 3 (0.39%) UCITS
11 1 (0.13%) Basel II
11 1 (0.13%) COREP
System Software
1 75 (9.87%) Docker
2 2 (0.26%) Apache ZooKeeper
3 1 (0.13%) Platform Symphony
Systems Management
1 57 (7.50%) Terraform
2 42 (5.53%) Kubernetes
3 21 (2.76%) ITRS Geneos
4 20 (2.63%) BladeLogic
5 2 (0.26%) Control-M
6 1 (0.13%) Grafana
6 1 (0.13%) Tivoli
6 1 (0.13%) WebSphere Cast Iron
Vendors
1 127 (16.71%) ION Trading
2 70 (9.21%) Oracle
3 62 (8.16%) Bloomberg
4 48 (6.32%) TIBCO
5 24 (3.16%) Tradeweb
6 21 (2.76%) Reuters
7 18 (2.37%) Murex
8 14 (1.84%) MarketAxess
8 14 (1.84%) Microsoft
9 11 (1.45%) Sybase
10 10 (1.32%) Fidessa
11 9 (1.18%) Telerik
12 7 (0.92%) DevExpress
13 6 (0.79%) Atlassian
14 5 (0.66%) Charles River
14 5 (0.66%) SimCorp
15 4 (0.53%) SAP
15 4 (0.53%) SunGard
16 3 (0.39%) Rogue Wave
16 3 (0.39%) Salesforce.com