Period
to

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 30 June 2022 with a comparison to the same period over the previous 2 years.

Fixed Income
Central London > City of London
6 months to
30 Jun 2022
Same period 2021 Same period 2020
Rank 195 183 164
Rank change year-on-year -12 -19 +34
Permanent jobs citing Fixed Income 105 59 88
As % of all permanent jobs advertised in the City of London 1.31% 1.09% 1.45%
As % of the Miscellaneous category 3.29% 2.83% 3.65%
Number of salaries quoted 86 36 83
10th Percentile £80,000 £60,000 £61,250
25th Percentile £86,250 £75,938 £71,250
Median annual salary (50th Percentile) £105,000 £105,000 £92,500
Median % change year-on-year - +13.51% +13.85%
75th Percentile £125,000 £117,500 £125,000
90th Percentile £127,500 - £155,000
Central London median annual salary £105,000 £105,000 £92,500
% change year-on-year - +13.51% +12.12%

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 permanent job vacancies advertised in the City of London with a requirement for generic IT skills.

All Generic Skills
City of London
Permanent vacancies with a requirement for generic IT skills 3,190 2,086 2,412
As % of all permanent IT jobs advertised in the City of London 39.82% 38.71% 39.74%
Number of salaries quoted 2,333 1,840 2,140
10th Percentile £46,250 £43,750 £41,500
25th Percentile £57,500 £56,250 £52,500
Median annual salary (50th Percentile) £75,000 £75,000 £70,000
Median % change year-on-year - +7.14% +3.70%
75th Percentile £98,750 £95,000 £87,500
90th Percentile £112,500 £110,000 £106,250
Central London median annual salary £75,000 £72,500 £70,000
% change year-on-year +3.45% +3.57% +7.69%

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 30 June 2022.

Salary histogram for Fixed Income in the City of London

For the 6 months to 30 June 2022, 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 69 (65.71%) Java
2 60 (57.14%) Front Office
3 51 (48.57%) Multithreading
4 47 (44.76%) Derivative
5 40 (38.10%) Banking
6 38 (36.19%) Finance
7 37 (35.24%) Python
7 37 (35.24%) Electronic Trading
8 34 (32.38%) AWS
9 32 (30.48%) Unix
9 32 (30.48%) SQL
10 31 (29.52%) Linux
11 30 (28.57%) Spring
12 27 (25.71%) Spring Boot
13 24 (22.86%) Investment Banking
13 24 (22.86%) OO
14 23 (21.90%) C#
15 22 (20.95%) Concurrent Programming
16 21 (20.00%) Low Latency
16 21 (20.00%) Social Skills
17 20 (19.05%) Microservices
17 20 (19.05%) Redis
17 20 (19.05%) Kafka
17 20 (19.05%) OOD
17 20 (19.05%) Software Engineering
17 20 (19.05%) Equities
18 19 (18.10%) Event-Driven Architecture
18 19 (18.10%) Enterprise Software
18 19 (18.10%) Event-Driven
18 19 (18.10%) Multithreaded Programming

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 3 (2.86%) NServiceBus
Business Applications
1 2 (1.90%) ION MarketView
2 1 (0.95%) SunGard Martini
Cloud Services
1 34 (32.38%) AWS
2 13 (12.38%) Azure
3 10 (9.52%) Power Platform
4 9 (8.57%) GCP
5 3 (2.86%) Azure Service Bus
6 1 (0.95%) Snowflake
Communications & Networking
1 1 (0.95%) Firewall
1 1 (0.95%) IP Telephony
Database & Business Intelligence
1 20 (19.05%) Redis
2 13 (12.38%) SQL Server
3 10 (9.52%) Power BI
4 6 (5.71%) KDB
5 4 (3.81%) Relational Database
5 4 (3.81%) Tableau
6 3 (2.86%) Crystal Reports
6 3 (2.86%) Kdb+
6 3 (2.86%) Oracle Database
6 3 (2.86%) Oracle Reports
6 3 (2.86%) RDBMS
6 3 (2.86%) SQL Server Reporting Services
7 2 (1.90%) MongoDB
8 1 (0.95%) DB2
8 1 (0.95%) MariaDB
8 1 (0.95%) Metadata
8 1 (0.95%) MySQL
8 1 (0.95%) NoSQL
Development Applications
1 3 (2.86%) JIRA
1 3 (2.86%) Oracle APEX
2 1 (0.95%) Atlassian Bamboo
2 1 (0.95%) Git (software)
2 1 (0.95%) GitLab
2 1 (0.95%) Jenkins
General
1 60 (57.14%) Front Office
2 40 (38.10%) Banking
3 38 (36.19%) Finance
4 24 (22.86%) Investment Banking
5 21 (20.00%) Social Skills
6 10 (9.52%) Analytical Skills
7 8 (7.62%) Organisational Skills
8 4 (3.81%) International Banking
8 4 (3.81%) Legal
8 4 (3.81%) Marketing
9 2 (1.90%) Corporate Banking
9 2 (1.90%) Presentation Skills
Job Titles
1 66 (62.86%) Developer
2 54 (51.43%) Java Developer
3 17 (16.19%) Java Pricing Developer
3 17 (16.19%) Pricing Developer
4 13 (12.38%) Front Office Developer
5 11 (10.48%) Investment Banking Java Developer
5 11 (10.48%) Java Engineer
6 9 (8.57%) Developer/Software Engineer
6 9 (8.57%) Java Software Developer
6 9 (8.57%) Java Software Engineer
6 9 (8.57%) Software Engineer
7 7 (6.67%) Applications Support
8 6 (5.71%) Analyst
8 6 (5.71%) Murex Support
9 5 (4.76%) Architect
9 5 (4.76%) Java Architect
9 5 (4.76%) Lead Architect
9 5 (4.76%) Team Leader
10 4 (3.81%) Electronic Trading Developer
10 4 (3.81%) Support Analyst
Libraries, Frameworks & Software Standards
1 30 (28.57%) Spring
2 27 (25.71%) Spring Boot
3 20 (19.05%) Kafka
4 11 (10.48%) React
5 10 (9.52%) REST
6 7 (6.67%) FIX Protocol
7 6 (5.71%) AngularJS
8 3 (2.86%) .NET
8 3 (2.86%) .NET Core
8 3 (2.86%) .NET Framework
8 3 (2.86%) RabbitMQ
9 2 (1.90%) HTML
9 2 (1.90%) HTML5
10 1 (0.95%) JMS
10 1 (0.95%) Middleware
Miscellaneous
1 47 (44.76%) Derivative
2 20 (19.05%) Equities
3 19 (18.10%) Enterprise Software
4 18 (17.14%) Foreign Exchange (FX)
5 6 (5.71%) Interest Rate Derivative
5 6 (5.71%) Market Risk
6 4 (3.81%) Data Centre
6 4 (3.81%) Hedge funds
7 3 (2.86%) Legacy Systems
7 3 (2.86%) Virtual Team
8 2 (1.90%) Credit Risk
8 2 (1.90%) Greenfield Project
9 1 (0.95%) Algorithms
9 1 (0.95%) Client/Server
9 1 (0.95%) Data Structures
Operating Systems
1 32 (30.48%) Unix
2 31 (29.52%) Linux
3 8 (7.62%) Windows
4 2 (1.90%) Windows Server
Processes & Methodologies
1 51 (48.57%) Multithreading
2 37 (35.24%) Electronic Trading
3 24 (22.86%) OO
4 22 (20.95%) Concurrent Programming
5 21 (20.00%) Low Latency
6 20 (19.05%) Microservices
6 20 (19.05%) OOD
6 20 (19.05%) Software Engineering
7 19 (18.10%) Event-Driven
7 19 (18.10%) Event-Driven Architecture
7 19 (18.10%) Multithreaded Programming
8 15 (14.29%) Scrum
9 14 (13.33%) Agile
9 14 (13.33%) Problem-Solving
10 13 (12.38%) Fintech
11 10 (9.52%) Business Intelligence
11 10 (9.52%) Computer Science
12 9 (8.57%) Incident Management
12 9 (8.57%) Migration
13 8 (7.62%) Software Delivery
Programming Languages
1 69 (65.71%) Java
2 37 (35.24%) Python
3 32 (30.48%) SQL
4 23 (21.90%) C#
5 17 (16.19%) Scala
6 6 (5.71%) VBA
7 5 (4.76%) C++
8 4 (3.81%) Perl
8 4 (3.81%) Shell Script
9 3 (2.86%) JavaScript
9 3 (2.86%) PL/SQL
10 2 (1.90%) Bash
11 1 (0.95%) Go
Qualifications
1 11 (10.48%) Degree
2 9 (8.57%) Computer Science Degree
3 1 (0.95%) ITIL Certification
Quality Assurance & Compliance
1 7 (6.67%) SLA
2 2 (1.90%) MiFID
3 1 (0.95%) Data Quality
System Software
1 2 (1.90%) Docker
2 1 (0.95%) Active Directory
2 1 (0.95%) VMware Infrastructure
Systems Management
1 2 (1.90%) Kubernetes
2 1 (0.95%) Grafana
Vendors
1 14 (13.33%) Oracle
2 9 (8.57%) Bloomberg
3 6 (5.71%) Murex
4 4 (3.81%) Charles River
4 4 (3.81%) Microsoft
5 2 (1.90%) FIS
5 2 (1.90%) IBM
5 2 (1.90%) ION Trading
5 2 (1.90%) Reuters
5 2 (1.90%) Solace
6 1 (0.95%) FactSet
6 1 (0.95%) Google
6 1 (0.95%) SunGard
6 1 (0.95%) Sybase
6 1 (0.95%) TIBCO
6 1 (0.95%) VMware