Fixed Income
UK

The table below looks at the prevalence of the term Fixed Income in permanent job vacancies. Included is a benchmarking guide to the salaries offered in vacancies that have cited Fixed Income over the 6 months to 13 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
13 May 2024
Same period 2023 Same period 2022
Rank 357 425 508
Rank change year-on-year +68 +83 -93
Permanent jobs citing Fixed Income 741 749 1,062
As % of all permanent jobs advertised in the UK 0.75% 0.74% 0.67%
As % of the Miscellaneous category 2.12% 1.73% 1.40%
Number of salaries quoted 694 696 1,001
10th Percentile £77,500 £70,367 £71,250
25th Percentile £87,500 £85,000 £85,000
Median annual salary (50th Percentile) £115,000 £107,500 £115,000
Median % change year-on-year +6.98% -6.52% +17.95%
75th Percentile £143,750 £143,750 £138,750
90th Percentile £165,000 £160,000 £162,500
UK excluding London median annual salary £75,000 £80,000 £61,250
% change year-on-year -6.25% +30.61% +16.67%

All Generic Skills
UK

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 with a requirement for generic IT skills.

Permanent vacancies with a requirement for generic IT skills 34,989 43,202 75,687
As % of all permanent jobs advertised in the UK 35.33% 42.68% 47.65%
Number of salaries quoted 22,998 23,578 34,146
10th Percentile £28,000 £35,250 £34,750
25th Percentile £38,000 £46,250 £45,750
Median annual salary (50th Percentile) £55,000 £65,000 £62,500
Median % change year-on-year -15.38% +4.00% +4.17%
75th Percentile £75,000 £86,250 £83,750
90th Percentile £97,500 £108,491 £102,500
UK excluding London median annual salary £50,000 £55,000 £52,500
% change year-on-year -9.09% +4.76% +5.00%

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
Salary Trend

3-month moving average salary quoted in jobs citing Fixed Income.

Salary trend for Fixed Income in the UK

Fixed Income
Salary Histogram

Salary distribution for jobs citing Fixed Income over the 6 months to 13 May 2024.

Salary histogram for Fixed Income in the UK

Fixed Income
Top 11 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Fixed Income within the UK over the 6 months to 13 May 2024. 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
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Jobs
England +73 728 £115,000 +6.98% 125
London +69 720 £115,000 +6.98% 121
Work from Home +44 439 £115,000 +6.98% 37
UK excluding London +8 18 £75,000 -6.25% 8
Scotland - 7 - - 2
South West - 6 - -
Northern Ireland - 3 £105,000 - 2
West Midlands +17 1 £44,700 -44.13% 1
Midlands -1 1 £44,700 -44.13% 1
North West - 1 £42,500 - 1
North of England - 1 £42,500 - 2

Fixed Income
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 352 (47.50%) Apache Airflow
2 331 (44.67%) Apache
3 4 (0.54%) Confluence
4 3 (0.40%) MQSeries
5 1 (0.13%) Jupyter
Applications
1 15 (2.02%) Microsoft Excel
2 6 (0.81%) Microsoft PowerPoint
3 2 (0.27%) Microsoft Office
3 2 (0.27%) MS Visio
4 1 (0.13%) Microsoft Project
4 1 (0.13%) Spreadsheet
Business Applications
1 29 (3.91%) Aladdin
2 15 (2.02%) thinkFolio
3 3 (0.40%) ION MarketView
4 2 (0.27%) ION Anvil
4 2 (0.27%) Markit EDM
5 1 (0.13%) Bloomberg AIM
5 1 (0.13%) Salesforce CRM
Cloud Services
1 556 (75.03%) AWS
2 400 (53.98%) GCP
3 263 (35.49%) Azure
4 233 (31.44%) dbt
5 193 (26.05%) Snowflake
6 4 (0.54%) Serverless
7 3 (0.40%) Amazon EC2
7 3 (0.40%) Amazon S3
7 3 (0.40%) AWS CloudFormation
7 3 (0.40%) AWS Lambda
7 3 (0.40%) SaaS
8 2 (0.27%) GitHub
8 2 (0.27%) WeChat
9 1 (0.13%) Amazon EKS
9 1 (0.13%) Azure AKS
9 1 (0.13%) Google Kubernetes Engine
9 1 (0.13%) IaaS
9 1 (0.13%) Power Platform
Communications & Networking
1 6 (0.81%) Internet
2 3 (0.40%) TCP/IP
3 1 (0.13%) Software-Defined Networking
Database & Business Intelligence
1 331 (44.67%) Apache Ignite
2 233 (31.44%) Amazon Athena
2 233 (31.44%) Apache Arrow
2 233 (31.44%) Dremio
3 192 (25.91%) Data Lake
4 95 (12.82%) PostgreSQL
5 13 (1.75%) SQL Server
6 10 (1.35%) SQL Server Integration Services
6 10 (1.35%) SQL Server Reporting Services
7 9 (1.21%) KDB
8 5 (0.67%) Kdb+
9 3 (0.40%) Amazon RDS
9 3 (0.40%) MySQL
9 3 (0.40%) Relational Database
10 2 (0.27%) Data Mart
10 2 (0.27%) SQLPlus
11 1 (0.13%) Big Data
11 1 (0.13%) Power BI
Development Applications
1 59 (7.96%) Cypress.io
2 10 (1.35%) Git
2 10 (1.35%) JIRA
3 8 (1.08%) Maven
4 4 (0.54%) Jenkins
5 3 (0.40%) GitLab
5 3 (0.40%) IntelliJ
6 1 (0.13%) Bitbucket
6 1 (0.13%) GDB
6 1 (0.13%) Gradle
6 1 (0.13%) Visual Studio
General
1 644 (86.91%) Finance
2 638 (86.10%) Front Office
3 395 (53.31%) Banking
4 279 (37.65%) Investment Banking
5 64 (8.64%) Back Office
6 37 (4.99%) Social Skills
7 28 (3.78%) Analytical Skills
8 15 (2.02%) Inclusion and Diversity
9 13 (1.75%) Law
10 10 (1.35%) Billing
11 9 (1.21%) Legal
12 7 (0.94%) Marketing
12 7 (0.94%) Presentation Skills
13 4 (0.54%) Financial Institution
14 2 (0.27%) Mandarin Language
15 1 (0.13%) French Language
Job Titles
1 411 (55.47%) Developer
2 370 (49.93%) Software Engineer
3 291 (39.27%) Developer/Software Engineer
4 202 (27.26%) Python Engineer
5 201 (27.13%) Python Developer
6 199 (26.86%) Python Software Engineer
7 129 (17.41%) React Developer
8 127 (17.14%) Senior
9 124 (16.73%) Lead
10 119 (16.06%) Analyst
11 117 (15.79%) Senior Software Engineer
12 105 (14.17%) Finance Manager
13 95 (12.82%) .NET Developer
14 86 (11.61%) AWS Engineer
15 83 (11.20%) .NET Software Developer
15 83 (11.20%) .NET Software Engineer
16 82 (11.07%) AWS Software Engineer
17 79 (10.66%) Java Engineer
18 75 (10.12%) Business Analyst
18 75 (10.12%) Java Software Engineer
Libraries, Frameworks & Software Standards
1 350 (47.23%) gRPC
1 350 (47.23%) Protocol Buffers
2 264 (35.63%) React
3 236 (31.85%) Pandas
4 229 (30.90%) Redux
5 222 (29.96%) NumPy
5 222 (29.96%) SciPy
6 125 (16.87%) Material-UI
7 110 (14.84%) AngularJS
8 107 (14.44%) Vue
9 105 (14.17%) .NET
10 57 (7.69%) .NET Core
11 47 (6.34%) ASP.NET
11 47 (6.34%) ASP.NET Core
12 42 (5.67%) Node.js
13 20 (2.70%) FIX Protocol
14 18 (2.43%) GraphQL
15 11 (1.48%) Spring
16 7 (0.94%) Spring Boot
17 4 (0.54%) RESTful
Miscellaneous
1 534 (72.06%) Hedge funds
2 495 (66.80%) Equities
3 425 (57.35%) Derivative
4 406 (54.79%) Foreign Exchange (FX)
5 57 (7.69%) Product Ownership
6 24 (3.24%) Pricing Data
7 18 (2.43%) Greenfield Project
8 13 (1.75%) Onboarding
9 11 (1.48%) Management Information System
9 11 (1.48%) Self-Motivation
10 9 (1.21%) Credit Derivative
11 8 (1.08%) Reference Data
12 7 (0.94%) Interest Rate Derivative
13 6 (0.81%) Distributed Systems
14 3 (0.40%) Algorithms
15 2 (0.27%) Data Structures
15 2 (0.27%) Distributed Applications
15 2 (0.27%) Equity Derivative
15 2 (0.27%) FPGA
15 2 (0.27%) Market Risk
Operating Systems
1 12 (1.62%) Linux
2 8 (1.08%) Apple iOS
3 4 (0.54%) Windows
4 3 (0.40%) Windows 10
5 2 (0.27%) Unix
6 1 (0.13%) Windows Server
Processes & Methodologies
1 596 (80.43%) Asset Management
2 564 (76.11%) Agile
3 521 (70.31%) Software Engineering
4 509 (68.69%) Investment Management
5 166 (22.40%) Full Stack Development
6 147 (19.84%) Artificial Intelligence
6 147 (19.84%) Machine Learning
7 111 (14.98%) Fintech
8 104 (14.04%) Automated Trading
9 102 (13.77%) Analytics
10 88 (11.88%) Line Management
11 81 (10.93%) Greeks
12 72 (9.72%) TDD
13 47 (6.34%) DevOps
13 47 (6.34%) Electronic Trading
14 44 (5.94%) Quantitative Research
15 43 (5.80%) Roadmaps
16 42 (5.67%) Performance Attribution
17 41 (5.53%) Problem-Solving
18 40 (5.40%) Product Management
Programming Languages
1 566 (76.38%) Python
2 453 (61.13%) TypeScript
3 365 (49.26%) JavaScript
4 284 (38.33%) Java
5 168 (22.67%) SQL
6 108 (14.57%) C#
7 42 (5.67%) R
8 18 (2.43%) Kotlin
9 15 (2.02%) C++
10 14 (1.89%) Scala
11 12 (1.62%) Ruby
12 8 (1.08%) VBA
13 3 (0.40%) Bash
13 3 (0.40%) PowerShell
14 1 (0.13%) Shell Script
Qualifications
1 40 (5.40%) Degree
2 22 (2.97%) Computer Science Degree
3 5 (0.67%) Master's Degree
4 3 (0.40%) AWS Certification
4 3 (0.40%) AWS Certified Solutions Architect
4 3 (0.40%) CFA
Quality Assurance & Compliance
1 83 (11.20%) Data Quality
2 45 (6.07%) QA
3 3 (0.40%) Accessibility
System Software
1 6 (0.81%) Docker
Systems Management
1 3 (0.40%) Ansible
1 3 (0.40%) Control-M
1 3 (0.40%) Kubernetes
2 1 (0.13%) Terraform
Vendors
1 95 (12.82%) Google
2 82 (11.07%) Bloomberg
3 24 (3.24%) Charles River
4 15 (2.02%) Oracle
5 14 (1.89%) BISAM
6 10 (1.35%) ION Trading
7 6 (0.81%) Microsoft
8 5 (0.67%) Salesforce
9 4 (0.54%) SAP
10 3 (0.40%) Solace
10 3 (0.40%) TIBCO
11 2 (0.27%) Calypso
11 2 (0.27%) Murex
12 1 (0.13%) FactSet
12 1 (0.13%) Progress
12 1 (0.13%) Refinitiv
12 1 (0.13%) ServiceNow
12 1 (0.13%) Sybase
12 1 (0.13%) Vertica