Period
to 18 May 2021

The table below looks at the prevalence of the term Fixed Income in permanent job vacancies advertised in the City of London. Included is a benchmarking guide to the salaries offered in vacancies that have cited Fixed Income over the 6 months to 18 May 2021 with a comparison to the same period over the previous 2 years.

Fixed Income
Central London > City of London
6 months to
18 May 2021
Same period 2020 Same period 2019
Rank 172 166 207
Rank change year-on-year -6 +41 -32
Permanent jobs citing Fixed Income 65 106 139
As % of all permanent jobs advertised in the City of London 1.31% 1.47% 1.37%
As % of the Miscellaneous category 3.63% 3.91% 3.74%
Number of salaries quoted 44 98 94
10th Percentile £65,750 £55,875 £57,875
25th Percentile £76,250 £70,000 £67,500
Median annual salary (50th Percentile) £105,000 £93,750 £77,500
Median % change year-on-year +12.00% +20.97% +3.33%
75th Percentile £117,500 £124,375 £97,813
90th Percentile " £155,000 £112,500
Central London median annual salary £105,000 £92,500 £77,500
% change year-on-year +13.51% +19.35% +3.33%

Fixed Income is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies advertised in the City of London with a requirement for generic IT skills.

All Generic IT Skills
City of London
Permanent vacancies with a requirement for generic IT skills 1,791 2,710 3,715
As % of all permanent IT jobs advertised in the City of London 35.97% 37.50% 36.70%
Number of salaries quoted 1,573 2,381 3,320
10th Percentile £43,750 £41,250 £38,750
25th Percentile £56,250 £52,500 £51,250
Median annual salary (50th Percentile) £75,000 £70,000 £67,500
Median % change year-on-year +7.14% +3.70% +3.85%
75th Percentile £95,000 £88,750 £83,750
90th Percentile £112,500 £112,500 £98,875
Central London median annual salary £72,500 £70,000 £65,000
% change year-on-year +3.57% +7.69% +4.00%

Fixed Income
Job Vacancy Trend in the City of London

Job postings citing Fixed Income as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Fixed Income in the City of London

Fixed Income
Salary Trend in the City of London

3-month moving average salary quoted in jobs citing Fixed Income in the City of London.

Salary trend for Fixed Income in the City of London

Fixed Income
Salary Histogram in the City of London

Salary distribution for jobs citing Fixed Income in the City of London over the 6 months to 18 May 2021.

Salary histogram for Fixed Income in the City of London

For the 6 months to 18 May 2021, IT 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 permanent job ads across the City of London region with a requirement for Fixed Income.

1 40 (61.54%) Java
2 37 (56.92%) Banking
3 34 (52.31%) Front Office
4 32 (49.23%) Agile Software Development
5 28 (43.08%) Electronic Trading
6 25 (38.46%) Foreign Exchange (FX)
7 24 (36.92%) Linux
8 23 (35.38%) Fintech
9 16 (24.62%) Finance
10 15 (23.08%) SQL
10 15 (23.08%) Spreadsheet
11 14 (21.54%) C++
11 14 (21.54%) FIX Protocol
12 13 (20.00%) OO
13 12 (18.46%) Unix
13 12 (18.46%) Investment Banking
14 11 (16.92%) Python
14 11 (16.92%) Performance Tuning
15 10 (15.38%) SaaS
16 9 (13.85%) AWS
16 9 (13.85%) Hedge funds
16 9 (13.85%) Docker
16 9 (13.85%) SQL Server
17 8 (12.31%) C#
17 8 (12.31%) Microservices
17 8 (12.31%) Social Skills
17 8 (12.31%) SDLC
17 8 (12.31%) Problem-Solving
18 7 (10.77%) Kubernetes
18 7 (10.77%) Low Latency

Fixed Income
Co-occurring IT Skills in the City of London 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 2 (3.08%) Apache Spark
Applications
1 15 (23.08%) Spreadsheet
Business Applications
1 1 (1.54%) SunGard Martini
Cloud Services
1 10 (15.38%) SaaS
2 9 (13.85%) AWS
3 6 (9.23%) Azure
4 5 (7.69%) PaaS
5 2 (3.08%) Amazon EMR
6 1 (1.54%) Amazon EC2
6 1 (1.54%) AWS Data Pipeline
6 1 (1.54%) Matillion
6 1 (1.54%) Serverless
Communications & Networking
1 4 (6.15%) TCP/IP
2 2 (3.08%) LAN
2 2 (3.08%) WAN
Database & Business Intelligence
1 9 (13.85%) SQL Server
2 4 (6.15%) KDB
2 4 (6.15%) Relational Database
2 4 (6.15%) SQL Server 2017
3 3 (4.62%) Data Warehouse
3 3 (4.62%) Oracle Database
4 1 (1.54%) Amazon RDS
4 1 (1.54%) Apache Cassandra
4 1 (1.54%) Azure SQL Database
4 1 (1.54%) Big Data
4 1 (1.54%) Data Mining
4 1 (1.54%) DB2
4 1 (1.54%) Hadoop
4 1 (1.54%) NoSQL
4 1 (1.54%) Oracle Database 12c
4 1 (1.54%) PostgreSQL
4 1 (1.54%) RDBMS
4 1 (1.54%) Redis
4 1 (1.54%) SQL Server Integration Services
4 1 (1.54%) Tableau
Development Applications
1 7 (10.77%) Jenkins
2 2 (3.08%) Git (software)
2 2 (3.08%) JIRA
3 1 (1.54%) Oracle APEX
General
1 37 (56.92%) Banking
2 34 (52.31%) Front Office
3 16 (24.62%) Finance
4 12 (18.46%) Investment Banking
5 8 (12.31%) Social Skills
6 5 (7.69%) Back Office
7 2 (3.08%) Analytical Skills
8 1 (1.54%) Advertising
8 1 (1.54%) Retail
Job Titles
1 49 (75.38%) Developer
2 30 (46.15%) Java Developer
3 21 (32.31%) Java Pricing Developer
3 21 (32.31%) Pricing Developer
4 18 (27.69%) Electronic Trading Developer
4 18 (27.69%) Electronic Trading Java Developer
5 15 (23.08%) Java Developer - Fintech
6 8 (12.31%) Quantitative Developer
6 8 (12.31%) Senior Developer
7 6 (9.23%) Python Developer
8 5 (7.69%) AWS Developer
8 5 (7.69%) C++ Developer
9 4 (6.15%) Analyst
9 4 (6.15%) C++ Pricing Developer
9 4 (6.15%) C++/Java Developer
9 4 (6.15%) Customer Engineer
9 4 (6.15%) Front Office C++ Developer
9 4 (6.15%) Front Office Developer
9 4 (6.15%) Integration Engineer
10 3 (4.62%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 14 (21.54%) FIX Protocol
2 7 (10.77%) .NET
3 6 (9.23%) XML
4 5 (7.69%) JMS
5 3 (4.62%) Kafka
5 3 (4.62%) React
5 3 (4.62%) Ultra Messaging
6 2 (3.08%) AngularJS
6 2 (3.08%) Middleware
6 2 (3.08%) Spring
6 2 (3.08%) XML Messaging
7 1 (1.54%) ADO.NET
7 1 (1.54%) ASP.NET
7 1 (1.54%) Entity Framework
7 1 (1.54%) FpML
7 1 (1.54%) HTML
7 1 (1.54%) HTML5
7 1 (1.54%) NHibernate
7 1 (1.54%) TIBCO EMS
7 1 (1.54%) Web Services
Miscellaneous
1 25 (38.46%) Foreign Exchange (FX)
2 9 (13.85%) Hedge funds
3 7 (10.77%) Derivative
3 7 (10.77%) Equities
4 6 (9.23%) Algorithms
4 6 (9.23%) Data Structures
5 5 (7.69%) Clustering
5 5 (7.69%) Enterprise Software
6 4 (6.15%) Reference Data
7 2 (3.08%) Management Information System
8 1 (1.54%) Credit Derivative
8 1 (1.54%) Data Centre
8 1 (1.54%) Equity Derivative
8 1 (1.54%) Interest Rate Derivative
8 1 (1.54%) Pricing Data
8 1 (1.54%) Private Cloud
Operating Systems
1 24 (36.92%) Linux
2 12 (18.46%) Unix
3 3 (4.62%) Windows
Processes & Methodologies
1 32 (49.23%) Agile Software Development
2 28 (43.08%) Electronic Trading
3 23 (35.38%) Fintech
4 13 (20.00%) OO
5 11 (16.92%) Performance Tuning
6 8 (12.31%) Microservices
6 8 (12.31%) Problem-Solving
6 8 (12.31%) SDLC
7 7 (10.77%) High Availability
7 7 (10.77%) Low Latency
7 7 (10.77%) Multithreading
8 6 (9.23%) Continuous Integration
8 6 (9.23%) Software Engineering
9 5 (7.69%) Coaching
9 5 (7.69%) Mentoring
9 5 (7.69%) Scalability Testing
10 4 (6.15%) Analytics
10 4 (6.15%) API Integration
10 4 (6.15%) Continuous Improvement
10 4 (6.15%) Observability
Programming Languages
1 40 (61.54%) Java
2 15 (23.08%) SQL
3 14 (21.54%) C++
4 11 (16.92%) Python
5 8 (12.31%) C#
6 4 (6.15%) Perl
6 4 (6.15%) Shell Script
7 2 (3.08%) JavaScript
8 1 (1.54%) Java 8
8 1 (1.54%) PL/SQL
8 1 (1.54%) Scala
8 1 (1.54%) T-SQL
8 1 (1.54%) TypeScript
Qualifications
1 4 (6.15%) Degree
2 3 (4.62%) Computer Science Degree
3 1 (1.54%) Master's Degree
3 1 (1.54%) PRINCE2 Certification
Quality Assurance & Compliance
1 6 (9.23%) QA
System Software
1 9 (13.85%) Docker
Systems Management
1 7 (10.77%) Kubernetes
2 2 (3.08%) Ansible
2 2 (3.08%) Control-M
2 2 (3.08%) ITRS Geneos
Vendors
1 5 (7.69%) Charles River
2 3 (4.62%) Oracle
2 3 (4.62%) Solace
3 2 (3.08%) Bloomberg
3 2 (3.08%) Microsoft
3 2 (3.08%) TIBCO
3 2 (3.08%) Tradeweb
4 1 (1.54%) Databricks
4 1 (1.54%) FIS
4 1 (1.54%) IBM
4 1 (1.54%) MicroStrategy
4 1 (1.54%) Sun
4 1 (1.54%) SunGard