Period
to 24 February 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 24 February 2021 with a comparison to the same period over the previous 2 years.

Fixed Income
Central London > City of London
6 months to
24 Feb 2021
Same period 2020 Same period 2019
Rank 156 180 184
Rank change year-on-year +24 +4 -3
Permanent jobs citing Fixed Income 69 131 160
As % of all permanent jobs advertised in the City of London 1.49% 1.45% 1.56%
As % of the Miscellaneous category 3.84% 3.55% 3.78%
Number of salaries quoted 58 109 128
Median annual salary £85,000 £85,000 £75,000
Median salary % change year-on-year - +13.33% -1.64%
10th Percentile £72,500 £53,750 £55,350
90th Percentile £117,500 £127,000 £112,375
Central London median annual salary £85,000 £85,000 £75,000
% change year-on-year - +13.33% -3.23%

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 1,799 3,694 4,238
As % of all permanent IT jobs advertised in the City of London 38.73% 40.91% 41.31%
Number of salaries quoted 1,556 3,208 3,789
Median annual salary £75,000 £70,000 £65,000
Median salary % change year-on-year +7.14% +7.69% +4.00%
10th Percentile £45,000 £38,838 £39,000
90th Percentile £111,250 £107,500 £96,400
Central London median annual salary £75,000 £70,000 £65,000
% change year-on-year +7.14% +7.69% +8.33%

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 24 February 2021.

Salary histogram for Fixed Income in the City of London

For the 6 months to 24 February 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 37 (53.62%) Java
2 36 (52.17%) Front Office
2 36 (52.17%) Agile Software Development
3 35 (50.72%) Banking
4 34 (49.28%) Foreign Exchange (FX)
5 26 (37.68%) Linux
6 24 (34.78%) Electronic Trading
6 24 (34.78%) Fintech
7 20 (28.99%) SQL
8 19 (27.54%) Finance
9 17 (24.64%) C++
10 16 (23.19%) Python
11 15 (21.74%) Spreadsheet
11 15 (21.74%) SDLC
12 12 (17.39%) Hedge funds
13 11 (15.94%) Docker
13 11 (15.94%) Kubernetes
13 11 (15.94%) OO
14 10 (14.49%) SQL Server
14 10 (14.49%) FIX Protocol
15 9 (13.04%) C#
15 9 (13.04%) .NET
15 9 (13.04%) Analytics
16 8 (11.59%) Algorithms
16 8 (11.59%) Problem-Solving
16 8 (11.59%) Oracle
16 8 (11.59%) Computer Science
16 8 (11.59%) Software Engineering
17 7 (10.14%) Mathematics
17 7 (10.14%) Degree

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 1 (1.45%) Apache
1 1 (1.45%) Red Hat Fuse
Applications
1 15 (21.74%) Spreadsheet
Cloud Services
1 5 (7.25%) Azure
2 4 (5.80%) SaaS
3 1 (1.45%) AWS
3 1 (1.45%) Serverless
Communications & Networking
1 4 (5.80%) LAN
1 4 (5.80%) WAN
Database & Business Intelligence
1 10 (14.49%) SQL Server
2 4 (5.80%) Oracle Database
2 4 (5.80%) Relational Database
2 4 (5.80%) SQL Server 2017
3 3 (4.35%) Azure SQL Database
3 3 (4.35%) Data Lake
3 3 (4.35%) HDInsight
3 3 (4.35%) Oracle Database 12c
4 1 (1.45%) Data Mining
4 1 (1.45%) Data Warehouse
4 1 (1.45%) KDB
4 1 (1.45%) PostgreSQL
4 1 (1.45%) RDBMS
4 1 (1.45%) SQL Server Integration Services
4 1 (1.45%) Tableau
4 1 (1.45%) Tick Data
Development Applications
1 1 (1.45%) Cucumber
1 1 (1.45%) Jenkins
1 1 (1.45%) JIRA
1 1 (1.45%) JUnit
1 1 (1.45%) Selenium
1 1 (1.45%) SilkTest
1 1 (1.45%) WebDriver
General
1 36 (52.17%) Front Office
2 35 (50.72%) Banking
3 19 (27.54%) Finance
4 6 (8.70%) Back Office
4 6 (8.70%) Investment Banking
5 3 (4.35%) Advertising
Job Titles
1 52 (75.36%) Developer
2 25 (36.23%) Java Developer
3 21 (30.43%) Java Pricing Developer
3 21 (30.43%) Pricing Developer
4 18 (26.09%) Electronic Trading Developer
5 17 (24.64%) Electronic Trading Java Developer
6 15 (21.74%) Java Developer - Fintech
7 14 (20.29%) Python Developer
7 14 (20.29%) Senior Developer
8 13 (18.84%) Quantitative Developer
9 7 (10.14%) Analyst
10 5 (7.25%) Business Analyst
10 5 (7.25%) C++ Developer
11 4 (5.80%) Applications Support
11 4 (5.80%) C++ Pricing Developer
11 4 (5.80%) C++/Java Developer
11 4 (5.80%) Front Office C++ Developer
11 4 (5.80%) Front Office Developer
11 4 (5.80%) Senior Java Developer
12 3 (4.35%) Charles River Developer
Libraries, Frameworks & Software Standards
1 10 (14.49%) FIX Protocol
2 9 (13.04%) .NET
3 7 (10.14%) AngularJS
3 7 (10.14%) React
4 5 (7.25%) FpML
4 5 (7.25%) JMS
5 4 (5.80%) HTML
5 4 (5.80%) HTML5
5 4 (5.80%) REST
5 4 (5.80%) Spring
5 4 (5.80%) Ultra Messaging
5 4 (5.80%) XML
6 3 (4.35%) .NET Core
6 3 (4.35%) Dapper ORM
6 3 (4.35%) Entity Framework
6 3 (4.35%) Kafka
6 3 (4.35%) Node.js
6 3 (4.35%) Spring Boot
6 3 (4.35%) Vue.js
6 3 (4.35%) WebSockets
Miscellaneous
1 34 (49.28%) Foreign Exchange (FX)
2 12 (17.39%) Hedge funds
3 8 (11.59%) Algorithms
4 7 (10.14%) Derivative
5 6 (8.70%) Equities
6 5 (7.25%) Analytical Skills
6 5 (7.25%) Data Structures
7 4 (5.80%) Reference Data
8 2 (2.90%) Virtual Team
9 1 (1.45%) Clustering
9 1 (1.45%) Enterprise Software
Operating Systems
1 26 (37.68%) Linux
2 6 (8.70%) Unix
3 5 (7.25%) Windows
Processes & Methodologies
1 36 (52.17%) Agile Software Development
2 24 (34.78%) Electronic Trading
2 24 (34.78%) Fintech
3 15 (21.74%) SDLC
4 11 (15.94%) OO
5 9 (13.04%) Analytics
6 8 (11.59%) Computer Science
6 8 (11.59%) Problem-Solving
6 8 (11.59%) Software Engineering
7 7 (10.14%) Mathematics
7 7 (10.14%) Scrum
8 6 (8.70%) Low Latency
8 6 (8.70%) Multithreading
8 6 (8.70%) Performance Tuning
8 6 (8.70%) Stakeholder Management
9 5 (7.25%) Business Analysis
9 5 (7.25%) Supplier Management
9 5 (7.25%) Test Automation
10 4 (5.80%) Requirements Analysis
10 4 (5.80%) TDD
Programming Languages
1 37 (53.62%) Java
2 20 (28.99%) SQL
3 17 (24.64%) C++
4 16 (23.19%) Python
5 9 (13.04%) C#
6 7 (10.14%) JavaScript
7 4 (5.80%) Java 8
8 3 (4.35%) TypeScript
9 2 (2.90%) Bash Shell
10 1 (1.45%) PL/SQL
10 1 (1.45%) T-SQL
Qualifications
1 7 (10.14%) Degree
2 6 (8.70%) Computer Science Degree
3 3 (4.35%) Master's Degree
4 1 (1.45%) ISEB
Quality Assurance & Compliance
1 1 (1.45%) EMIR
1 1 (1.45%) PMO
1 1 (1.45%) QA
System Software
1 11 (15.94%) Docker
Systems Management
1 11 (15.94%) Kubernetes
2 4 (5.80%) Control-M
2 4 (5.80%) ITRS Geneos
Vendors
1 8 (11.59%) Oracle
2 4 (5.80%) Charles River
2 4 (5.80%) Solace
3 3 (4.35%) Databricks
4 2 (2.90%) Microsoft
5 1 (1.45%) Atlassian
5 1 (1.45%) Bloomberg
5 1 (1.45%) Google
5 1 (1.45%) ION Trading
5 1 (1.45%) Micro Focus
5 1 (1.45%) MicroStrategy
5 1 (1.45%) Tradeweb