Period
to

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 12 August 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
12 Aug 2022
Same period 2021 Same period 2020
Rank 256 290 110
Rank change year-on-year +34 -180 +327
Contract jobs citing Fixed Income 955 716 745
As % of all contract jobs advertised in the UK 1.08% 0.97% 2.16%
As % of the Miscellaneous category 3.41% 3.17% 6.88%
Number of daily rates quoted 835 548 674
10th Percentile £538 £488 £500
25th Percentile £638 £550 £550
Median daily rate (50th Percentile) £725 £650 £650
Median % change year-on-year +11.54% - +4.00%
75th Percentile £834 £750 £775
90th Percentile £888 £800 £821
UK excluding London median daily rate £486 £575 £600
% change year-on-year -15.43% -4.17% +42.86%

Fixed Income is in the General and Transferable 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 Skills
UK
Contract vacancies with a requirement for generic IT skills 28,046 22,581 10,827
As % of all contract IT jobs advertised in the UK 31.63% 30.55% 31.32%
Number of daily rates quoted 19,704 15,493 7,192
10th Percentile £325 £310 £264
25th Percentile £445 £411 £377
Median daily rate (50th Percentile) £550 £500 £498
Median % change year-on-year +10.00% +0.50% +4.74%
75th Percentile £675 £625 £603
90th Percentile £775 £713 £725
UK excluding London median daily rate £500 £450 £430
% change year-on-year +11.11% +4.65% +1.18%
Number of hourly rates quoted 609 701 393
10th Percentile £14.73 £12.00 £12.37
25th Percentile £17.56 £15.04 £17.50
Median hourly rate £26.00 £24.00 £26.50
Median % change year-on-year +8.33% -9.43% +27.71%
75th Percentile £55.00 £48.50 £46.00
90th Percentile £68.75 £62.50 £55.00
UK excluding London median hourly rate £21.50 £21.00 £22.50
% change year-on-year +2.38% -6.67% +18.42%

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 12 August 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 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 12 August 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 +21 917 £725 +11.54% 75
London +7 915 £725 +11.54% 74
Work from Home +119 430 £750 +15.38% 24
UK excluding London -37 7 £486 -15.43% 4
Scotland -5 5 £368 -11.45% 1
South East -26 2 £613 -35.53%

For the 6 months to 12 August 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.

1 562 (58.85%) Front Office
2 508 (53.19%) Finance
3 438 (45.86%) Agile
4 358 (37.49%) Derivative
5 339 (35.50%) Python
6 317 (33.19%) Foreign Exchange (FX)
7 307 (32.15%) Banking
8 301 (31.52%) Java
9 287 (30.05%) C#
10 283 (29.63%) Equities
11 273 (28.59%) Asset Management
12 251 (26.28%) Investment Management
13 247 (25.86%) Software Engineering
14 246 (25.76%) Social Skills
15 236 (24.71%) AWS
16 231 (24.19%) Hedge funds
17 222 (23.25%) .NET
18 213 (22.30%) Investment Banking
18 213 (22.30%) Analytics
19 196 (20.52%) SQL
20 194 (20.31%) Electronic Trading
21 183 (19.16%) Azure
22 174 (18.22%) JavaScript
23 171 (17.91%) GCP
24 166 (17.38%) React
25 160 (16.75%) Problem-Solving
26 151 (15.81%) CI/CD
27 142 (14.87%) Analytical Skills
28 141 (14.76%) Multithreading
29 137 (14.35%) Microservices

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 (2.72%) Oracle Workflow
2 17 (1.78%) CMS
3 16 (1.68%) Apache
4 14 (1.47%) Apache Airflow
5 12 (1.26%) Confluence
6 5 (0.52%) MTS
7 4 (0.42%) SharePoint
8 2 (0.21%) Oracle Coherence
9 1 (0.10%) Apache Spark
9 1 (0.10%) Ethereum
9 1 (0.10%) Oracle SOA Suite
9 1 (0.10%) SAS
Applications
1 79 (8.27%) Microsoft Excel
2 17 (1.78%) Spreadsheet
3 12 (1.26%) Microsoft PowerPoint
4 9 (0.94%) MS Visio
5 8 (0.84%) Microsoft Office
6 6 (0.63%) Chatbot
Business Applications
1 64 (6.70%) Aladdin
2 29 (3.04%) ION MarketView
3 11 (1.15%) thinkFolio
4 8 (0.84%) BondVision
4 8 (0.84%) RMDS
5 6 (0.63%) Markit EDM
6 4 (0.42%) Bloomberg AIM
6 4 (0.42%) SimCorp Dimension
7 2 (0.21%) Eagle PACE
7 2 (0.21%) Eloqua
7 2 (0.21%) PeopleSoft Financials
7 2 (0.21%) Refinitiv Enterprise Platform
7 2 (0.21%) SunGard Martini
8 1 (0.10%) Bloomberg TOMS
8 1 (0.10%) Eikon
8 1 (0.10%) Orchestrade
8 1 (0.10%) Summit
Cloud Services
1 236 (24.71%) AWS
2 183 (19.16%) Azure
3 171 (17.91%) GCP
4 16 (1.68%) Amazon EC2
4 16 (1.68%) AWS Lambda
4 16 (1.68%) Serverless
5 15 (1.57%) Amazon S3
6 7 (0.73%) Amazon EKS
6 7 (0.73%) Cloud Computing
6 7 (0.73%) Google Kubernetes Engine
6 7 (0.73%) npm
6 7 (0.73%) OpenShift
7 2 (0.21%) Figma
7 2 (0.21%) Power Platform
8 1 (0.10%) Amazon EMR
8 1 (0.10%) Amazon SQS
8 1 (0.10%) AWS CodePipeline
8 1 (0.10%) Azure DevOps
8 1 (0.10%) Virtual Private Cloud
8 1 (0.10%) Yarn
Communications & Networking
1 27 (2.83%) FIX Connectivity
2 23 (2.41%) TCP/IP
3 1 (0.10%) Firewall
3 1 (0.10%) RTMP
Database & Business Intelligence
1 104 (10.89%) SQL Server
2 35 (3.66%) Relational Database
3 26 (2.72%) PostgreSQL
4 23 (2.41%) Oracle Database
5 21 (2.20%) Oracle Database 12c
6 16 (1.68%) NoSQL
7 15 (1.57%) Amazon Athena
8 14 (1.47%) Apache Ignite
9 13 (1.36%) KDB
10 9 (0.94%) Big Data
11 7 (0.73%) MongoDB
12 4 (0.42%) Oracle Reports
12 4 (0.42%) SQL Server Integration Services
13 3 (0.31%) Elasticsearch
13 3 (0.31%) RDBMS
13 3 (0.31%) Redis
14 2 (0.21%) MySQL
14 2 (0.21%) Power BI
14 2 (0.21%) SQL Server Reporting Services
15 1 (0.10%) Tick Data
Development Applications
1 77 (8.06%) Jenkins
2 74 (7.75%) TeamCity
3 70 (7.33%) Artifactory
4 43 (4.50%) Git (software)
5 33 (3.46%) JIRA
5 33 (3.46%) Visual Studio
6 28 (2.93%) JUnit
7 26 (2.72%) Maven
8 17 (1.78%) NUnit
9 16 (1.68%) Cucumber
10 13 (1.36%) Jasmine
10 13 (1.36%) Karma Test Runner
11 11 (1.15%) Sonatype Nexus
11 11 (1.15%) Subversion
12 8 (0.84%) Eclipse
12 8 (0.84%) git-flow
12 8 (0.84%) Moq
13 7 (0.73%) Bitbucket
13 7 (0.73%) webpack
14 6 (0.63%) Grunt
General
1 562 (58.85%) Front Office
2 508 (53.19%) Finance
3 307 (32.15%) Banking
4 246 (25.76%) Social Skills
5 213 (22.30%) Investment Banking
6 142 (14.87%) Analytical Skills
7 48 (5.03%) Back Office
8 22 (2.30%) Legal
9 16 (1.68%) Financial Institution
10 11 (1.15%) Presentation Skills
11 10 (1.05%) Documentation Skills
12 8 (0.84%) Games
12 8 (0.84%) Prime Brokerage
13 7 (0.73%) Organisational Skills
14 5 (0.52%) Inclusion and Diversity
14 5 (0.52%) International Banking
14 5 (0.52%) Marketing
15 4 (0.42%) Influencing Skills
16 3 (0.31%) Brand Awareness
16 3 (0.31%) Private Banking
Job Titles
1 635 (66.49%) Developer
2 206 (21.57%) Java Developer
3 173 (18.12%) Software Engineer
4 161 (16.86%) Developer/Software Engineer
5 154 (16.13%) C# Developer
6 124 (12.98%) Senior Developer
7 121 (12.67%) Front Office Developer
8 118 (12.36%) .NET Developer
9 108 (11.31%) Analyst
10 100 (10.47%) Quantitative Developer
11 94 (9.84%) AWS Developer
12 91 (9.53%) AWS Engineer
13 90 (9.42%) AWS Software Engineer
14 84 (8.80%) Business Analyst
15 76 (7.96%) Java Engineer
16 75 (7.85%) Electronic Trading Developer
17 71 (7.43%) Python Developer
18 68 (7.12%) Electronic Trading Java Developer
19 64 (6.70%) .NET Software Developer
19 64 (6.70%) Java Software Developer
Libraries, Frameworks & Software Standards
1 222 (23.25%) .NET
2 166 (17.38%) React
3 123 (12.88%) .NET Core
4 89 (9.32%) WPF
5 83 (8.69%) ASP.NET
6 63 (6.60%) FIX Protocol
6 63 (6.60%) Protocol Buffers
7 61 (6.39%) .NET Framework
8 60 (6.28%) ASP.NET Web API
9 56 (5.86%) ASP.NET Core
10 52 (5.45%) gRPC
11 50 (5.24%) HTML
12 45 (4.71%) XML
13 43 (4.50%) AngularJS
14 39 (4.08%) STL
15 38 (3.98%) Boost C++ Libraries
15 38 (3.98%) CSS
16 33 (3.46%) Spring
17 32 (3.35%) RxJS
18 31 (3.25%) JSON
Miscellaneous
1 358 (37.49%) Derivative
2 317 (33.19%) Foreign Exchange (FX)
3 283 (29.63%) Equities
4 231 (24.19%) Hedge funds
5 89 (9.32%) Greenfield Project
6 59 (6.18%) Algorithms
7 58 (6.07%) OTC Derivatives
8 30 (3.14%) User Experience
9 24 (2.51%) Reference Data
10 22 (2.30%) Interest Rate Derivative
11 20 (2.09%) Swaptions
12 14 (1.47%) Linux Command Line
12 14 (1.47%) Management Information System
12 14 (1.47%) Virtual Team
13 13 (1.36%) Equity Derivative
13 13 (1.36%) Exotic Derivative
14 12 (1.26%) Credit Derivative
15 10 (1.05%) Self-Motivation
16 7 (0.73%) Data Structures
17 6 (0.63%) Market Risk
Operating Systems
1 97 (10.16%) Linux
2 70 (7.33%) Windows
3 44 (4.61%) Unix
4 17 (1.78%) Windows 10
5 2 (0.21%) Android
5 2 (0.21%) Apple iOS
5 2 (0.21%) Windows Server
5 2 (0.21%) Windows Server 2016
5 2 (0.21%) Windows Server 2019
Processes & Methodologies
1 438 (45.86%) Agile
2 273 (28.59%) Asset Management
3 251 (26.28%) Investment Management
4 247 (25.86%) Software Engineering
5 213 (22.30%) Analytics
6 194 (20.31%) Electronic Trading
7 160 (16.75%) Problem-Solving
8 151 (15.81%) CI/CD
9 141 (14.76%) Multithreading
10 137 (14.35%) Microservices
11 134 (14.03%) TDD
12 125 (13.09%) Test Automation
13 122 (12.77%) DevOps
14 103 (10.79%) Computer Science
15 97 (10.16%) Scrum
16 85 (8.90%) Multithreaded Programming
17 80 (8.38%) Business Analysis
18 79 (8.27%) Full Stack Development
19 74 (7.75%) Event-Driven
20 67 (7.02%) Order Management
Programming Languages
1 339 (35.50%) Python
2 301 (31.52%) Java
3 287 (30.05%) C#
4 196 (20.52%) SQL
5 174 (18.22%) JavaScript
6 129 (13.51%) TypeScript
7 69 (7.23%) C++
8 59 (6.18%) R
9 51 (5.34%) VBA
10 30 (3.14%) MATLAB
11 16 (1.68%) Scala
12 12 (1.26%) ES6
13 11 (1.15%) Perl
14 3 (0.31%) T-SQL
15 2 (0.21%) ES7
15 2 (0.21%) Haskell
15 2 (0.21%) Shell Script
16 1 (0.10%) PL/SQL
16 1 (0.10%) Solidity
Qualifications
1 45 (4.71%) Degree
2 28 (2.93%) Computer Science Degree
3 13 (1.36%) PhD
4 12 (1.26%) Numerate Degree
5 5 (0.52%) ISTQB Foundation Certification
6 4 (0.42%) ISEB
7 3 (0.31%) APMG
7 3 (0.31%) IIBA
7 3 (0.31%) ISTQB
8 2 (0.21%) CFA
8 2 (0.21%) ITIL Certification
8 2 (0.21%) Sun Certification
9 1 (0.10%) Master's Degree
Quality Assurance & Compliance
1 62 (6.49%) QA
2 25 (2.62%) MiFID
3 21 (2.20%) PMO
4 18 (1.88%) EMIR
5 12 (1.26%) IFRS
6 9 (0.94%) FRS 29
6 9 (0.94%) GAAP
7 3 (0.31%) FATCA
7 3 (0.31%) Solvency II
8 2 (0.21%) Dodd-Frank
8 2 (0.21%) UCITS
9 1 (0.10%) Basel III
9 1 (0.10%) COREP
9 1 (0.10%) Data Quality
9 1 (0.10%) FINREP
System Software
1 55 (5.76%) Docker
2 1 (0.10%) Virtual Machines
Systems Management
1 57 (5.97%) Ansible
2 48 (5.03%) Terraform
3 21 (2.20%) BladeLogic
3 21 (2.20%) ITRS Geneos
3 21 (2.20%) Kubernetes
4 2 (0.21%) Rundeck
5 1 (0.10%) HP Quality Center
Vendors
1 123 (12.88%) Bloomberg
2 117 (12.25%) ION Trading
3 98 (10.26%) Oracle
4 88 (9.21%) Microsoft
5 68 (7.12%) DevExpress
6 60 (6.28%) Telerik
7 38 (3.98%) BISAM
8 37 (3.87%) TIBCO
9 30 (3.14%) Charles River
9 30 (3.14%) Reuters
10 23 (2.41%) Tradeweb
11 18 (1.88%) Sybase
12 12 (1.26%) Google
13 6 (0.63%) Murex
13 6 (0.63%) SimCorp
14 5 (0.52%) FIS
14 5 (0.52%) MarketAxess
15 4 (0.42%) Calypso
15 4 (0.42%) GoldenSource
16 2 (0.21%) SunGard