Period
to 19 October 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 19 October 2021 with a comparison to the same period over the previous 2 years.

Fixed Income
Central London > City of London
6 months to
19 Oct 2021
Same period 2020 Same period 2019
Rank 183 177 187
Rank change year-on-year -6 +10 -16
Permanent jobs citing Fixed Income 74 23 141
As % of all permanent jobs advertised in the City of London 1.24% 0.64% 1.42%
As % of the Miscellaneous category 3.31% 1.65% 3.84%
Number of salaries quoted 55 20 84
10th Percentile £63,500 £78,375 £53,250
25th Percentile £75,625 £82,500 £65,938
Median annual salary (50th Percentile) £100,000 £102,500 £82,500
Median % change year-on-year -2.44% +24.24% +17.86%
75th Percentile £117,500 £117,500 £107,500
90th Percentile £119,000 £121,000 £117,500
Central London median annual salary £98,750 £97,500 £82,500
% change year-on-year +1.28% +18.18% +13.79%

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 2,234 1,393 3,668
As % of all permanent IT jobs advertised in the City of London 37.50% 38.53% 36.84%
Number of salaries quoted 1,981 1,215 3,162
10th Percentile £42,500 £42,500 £38,025
25th Percentile £56,250 £53,750 £51,250
Median annual salary (50th Percentile) £75,000 £70,000 £70,000
Median % change year-on-year +7.14% - +7.69%
75th Percentile £95,000 £87,500 £85,000
90th Percentile £110,000 £110,000 £103,750
Central London median annual salary £72,500 £70,000 £67,500
% change year-on-year +3.57% +3.70% +3.85%

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 19 October 2021.

Salary histogram for Fixed Income in the City of London

For the 6 months to 19 October 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 52 (70.27%) Front Office
2 51 (68.92%) Banking
3 43 (58.11%) Java
4 33 (44.59%) Electronic Trading
5 29 (39.19%) Agile Software Development
6 25 (33.78%) Finance
7 24 (32.43%) Foreign Exchange (FX)
7 24 (32.43%) Investment Banking
8 20 (27.03%) Fintech
9 19 (25.68%) Derivative
9 19 (25.68%) Python
10 17 (22.97%) Linux
11 16 (21.62%) Legacy Systems
11 16 (21.62%) Spreadsheet
12 14 (18.92%) Unix
13 13 (17.57%) Social Skills
14 12 (16.22%) SQL
15 11 (14.86%) KDB
15 11 (14.86%) Low Latency
16 9 (12.16%) Problem-Solving
16 9 (12.16%) Multithreading
16 9 (12.16%) Equities
17 8 (10.81%) Shell Script
17 8 (10.81%) C#
17 8 (10.81%) Perl
17 8 (10.81%) JIRA
17 8 (10.81%) FIX Protocol
17 8 (10.81%) Microservices
18 7 (9.46%) AWS
18 7 (9.46%) High Availability

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:

Applications
1 16 (21.62%) Spreadsheet
2 2 (2.70%) Microsoft Office
2 2 (2.70%) MS Visio
Business Applications
1 1 (1.35%) FINCAD Analytics
1 1 (1.35%) SimCorp Dimension
1 1 (1.35%) SunGard Martini
Cloud Services
1 7 (9.46%) AWS
2 6 (8.11%) Azure
3 3 (4.05%) Azure App Service
3 3 (4.05%) SaaS
4 2 (2.70%) Power Platform
5 1 (1.35%) AWS CloudFormation
5 1 (1.35%) OpenShift
Communications & Networking
1 2 (2.70%) LAN
1 2 (2.70%) WAN
2 1 (1.35%) TCP/IP
Database & Business Intelligence
1 11 (14.86%) KDB
2 5 (6.76%) Redis
3 4 (5.41%) SQL Server
4 3 (4.05%) Relational Database
5 2 (2.70%) BusinessObjects
5 2 (2.70%) Data Warehouse
5 2 (2.70%) Power BI
5 2 (2.70%) QlikView
5 2 (2.70%) SQL Server Reporting Services
5 2 (2.70%) Star Schema
5 2 (2.70%) Tableau
6 1 (1.35%) DB2
6 1 (1.35%) Oracle Database
Development Applications
1 8 (10.81%) JIRA
2 3 (4.05%) Jenkins
3 2 (2.70%) Git (software)
4 1 (1.35%) Artifactory
4 1 (1.35%) Bitbucket
4 1 (1.35%) Oracle APEX
4 1 (1.35%) SonarQube
General
1 52 (70.27%) Front Office
2 51 (68.92%) Banking
3 25 (33.78%) Finance
4 24 (32.43%) Investment Banking
5 13 (17.57%) Social Skills
6 6 (8.11%) Back Office
7 3 (4.05%) Analytical Skills
8 1 (1.35%) Financial Institution
8 1 (1.35%) Retail
Job Titles
1 48 (64.86%) Developer
2 31 (41.89%) Java Developer
3 18 (24.32%) Electronic Trading Developer
3 18 (24.32%) Electronic Trading Java Developer
4 16 (21.62%) Java Developer - Fintech
4 16 (21.62%) Java Pricing Developer
4 16 (21.62%) Pricing Developer
5 12 (16.22%) Front Office Developer
6 11 (14.86%) Analyst
7 8 (10.81%) C# Developer
7 8 (10.81%) Investment Banking Java Developer
8 6 (8.11%) Business Analyst
8 6 (8.11%) KDB Developer
8 6 (8.11%) Senior Developer
9 4 (5.41%) Junior
9 4 (5.41%) Senior C# Developer
10 3 (4.05%) Applications Support
10 3 (4.05%) Applications Support Analyst
10 3 (4.05%) Quantitative Developer
10 3 (4.05%) Support Analyst
Libraries, Frameworks & Software Standards
1 8 (10.81%) FIX Protocol
2 5 (6.76%) Kafka
2 5 (6.76%) React
3 4 (5.41%) AngularJS
3 4 (5.41%) RESTful
3 4 (5.41%) Spring
3 4 (5.41%) XML
4 3 (4.05%) Flask
4 3 (4.05%) HTML
4 3 (4.05%) HTML5
4 3 (4.05%) Spring Boot
4 3 (4.05%) WPF
5 2 (2.70%) JMS
5 2 (2.70%) Middleware
6 1 (1.35%) .NET
6 1 (1.35%) .NET Core
6 1 (1.35%) .NET Framework
6 1 (1.35%) ASP.NET
6 1 (1.35%) Java Concurrency
6 1 (1.35%) TIBCO EMS
Miscellaneous
1 24 (32.43%) Foreign Exchange (FX)
2 19 (25.68%) Derivative
3 16 (21.62%) Legacy Systems
4 9 (12.16%) Equities
5 4 (5.41%) Hedge funds
6 3 (4.05%) Enterprise Software
7 2 (2.70%) Algorithms
7 2 (2.70%) Equity Derivative
7 2 (2.70%) SWIFT
8 1 (1.35%) Credit Derivative
8 1 (1.35%) Greenfield Project
8 1 (1.35%) Management Information System
8 1 (1.35%) Pricing Data
8 1 (1.35%) Private Cloud
8 1 (1.35%) Reference Data
Operating Systems
1 17 (22.97%) Linux
2 14 (18.92%) Unix
3 4 (5.41%) Windows
4 2 (2.70%) Windows Server
Processes & Methodologies
1 33 (44.59%) Electronic Trading
2 29 (39.19%) Agile Software Development
3 20 (27.03%) Fintech
4 11 (14.86%) Low Latency
5 9 (12.16%) Multithreading
5 9 (12.16%) Problem-Solving
6 8 (10.81%) Microservices
7 7 (9.46%) High Availability
7 7 (9.46%) Project Management
8 6 (8.11%) Algorithmic Trading
8 6 (8.11%) Artificial Intelligence
8 6 (8.11%) DevOps
8 6 (8.11%) Investment Management
8 6 (8.11%) ITIL
8 6 (8.11%) Machine Learning
9 5 (6.76%) Asset Management
9 5 (6.76%) OO
9 5 (6.76%) Scrum
10 4 (5.41%) Manual Testing
10 4 (5.41%) OOD
Programming Languages
1 43 (58.11%) Java
2 19 (25.68%) Python
3 12 (16.22%) SQL
4 8 (10.81%) C#
4 8 (10.81%) Perl
4 8 (10.81%) Shell Script
5 3 (4.05%) C++
5 3 (4.05%) JavaScript
6 2 (2.70%) PowerShell
7 1 (1.35%) Groovy
7 1 (1.35%) R
7 1 (1.35%) TypeScript
Qualifications
1 2 (2.70%) CHECK Team Member
1 2 (2.70%) Degree
1 2 (2.70%) ITIL Certification
1 2 (2.70%) PhD
2 1 (1.35%) OCP
2 1 (1.35%) Oracle Certification
Quality Assurance & Compliance
1 1 (1.35%) Data Quality
1 1 (1.35%) MiFID
1 1 (1.35%) QA
System Software
1 5 (6.76%) Docker
Systems Management
1 3 (4.05%) Ansible
2 1 (1.35%) Kubernetes
2 1 (1.35%) Opscode Chef
2 1 (1.35%) Puppet
2 1 (1.35%) Terraform
Vendors
1 6 (8.11%) Oracle
2 4 (5.41%) Microsoft
3 3 (4.05%) Charles River
4 2 (2.70%) Bloomberg
4 2 (2.70%) SAP
4 2 (2.70%) ServiceNow
4 2 (2.70%) TIBCO
4 2 (2.70%) Tradeweb
4 2 (2.70%) Trayport
5 1 (1.35%) FIS
5 1 (1.35%) IBM
5 1 (1.35%) SimCorp
5 1 (1.35%) Solace
5 1 (1.35%) Sun
5 1 (1.35%) SunGard