Fixed Income Contracts

Fixed Income
UK

The table below looks at the prevalence of the term Fixed Income in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Fixed Income over the 6 months to 16 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
16 May 2024
Same period 2023 Same period 2022
Rank 217 293 306
Rank change year-on-year +76 +13 -16
Contract jobs citing Fixed Income 476 509 791
As % of all contract jobs advertised in the UK 1.12% 0.89% 0.90%
As % of the Miscellaneous category 3.70% 2.68% 2.73%
Number of daily rates quoted 456 433 671
10th Percentile £550 £550 £538
25th Percentile £650 £568 £600
Median daily rate (50th Percentile) £750 £725 £700
Median % change year-on-year +3.45% +3.57% +7.69%
75th Percentile £850 £850 £806
90th Percentile £900 £938 £888
UK excluding London median daily rate - £625 £368
% change year-on-year - +70.07% -24.62%
Number of hourly rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £82.75
Median hourly rate - - £83.50
75th Percentile - - £84.25
90th Percentile - - -
UK excluding London median hourly rate - - -

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 contract job vacancies with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 12,877 18,959 28,967
As % of all contract IT jobs advertised in the UK 30.26% 33.28% 33.12%
Number of daily rates quoted 8,295 13,044 20,250
10th Percentile £268 £313 £313
25th Percentile £413 £450 £438
Median daily rate (50th Percentile) £540 £550 £550
Median % change year-on-year -1.82% - +10.00%
75th Percentile £668 £676 £660
90th Percentile £800 £800 £763
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +9.83%
Number of hourly rates quoted 892 627 718
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.13 £10.63 £17.19
Median hourly rate £31.38 £22.49 £27.50
Median % change year-on-year +39.54% -18.24% +4.05%
75th Percentile £61.30 £63.75 £50.00
90th Percentile £70.00 £75.00 £66.00
UK excluding London median hourly rate £29.25 £22.00 £21.13
% change year-on-year +32.95% +4.14% -11.98%

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
Contractor Daily Rate Trend

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

Daily rate trend for Fixed Income in the UK

Fixed Income
Daily Rate Histogram

Daily rate distribution for jobs citing Fixed Income over the 6 months to 16 May 2024.

Daily rate histogram for Fixed Income in the UK

Fixed Income
Contractor Hourly Rate Trend

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

Hourly rate trend for Fixed Income in the UK

Fixed Income
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Fixed Income within the UK over the 6 months to 16 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
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
England +69 475 £750 +3.45% 116
London +58 475 £750 +3.45% 112
Work from Home +104 221 £800 +10.34% 65

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
1 179 (37.61%) Apache Airflow
2 172 (36.13%) Apache
3 15 (3.15%) Confluence
4 7 (1.47%) SAS
5 3 (0.63%) Microsoft Exchange
Applications
1 26 (5.46%) Microsoft Excel
2 19 (3.99%) Microsoft PowerPoint
3 11 (2.31%) MS Visio
4 6 (1.26%) Microsoft Office
5 4 (0.84%) Microsoft Project
6 1 (0.21%) Spreadsheet
Business Applications
1 16 (3.36%) ION MarketView
2 15 (3.15%) ION Anvil
3 13 (2.73%) Aladdin
4 6 (1.26%) Loan IQ
5 4 (0.84%) Markit EDM
5 4 (0.84%) thinkFolio
6 3 (0.63%) IntelliMatch
6 3 (0.63%) Orchestrade
6 3 (0.63%) RMDS
7 1 (0.21%) Actimize
Cloud Services
1 273 (57.35%) AWS
2 191 (40.13%) GCP
3 119 (25.00%) Azure
4 106 (22.27%) dbt
5 85 (17.86%) Snowflake
6 6 (1.26%) npm
7 4 (0.84%) Amazon EC2
7 4 (0.84%) Amazon S3
8 2 (0.42%) Yarn
9 1 (0.21%) Power Platform
9 1 (0.21%) Serverless
Communications & Networking
1 13 (2.73%) FIX Connectivity
2 1 (0.21%) TCP/IP
Database & Business Intelligence
1 170 (35.71%) Apache Ignite
2 106 (22.27%) Apache Arrow
2 106 (22.27%) Dremio
3 105 (22.06%) Amazon Athena
4 86 (18.07%) Data Lake
5 65 (13.66%) PostgreSQL
6 24 (5.04%) Relational Database
7 23 (4.83%) KDB
8 9 (1.89%) SQL Server
9 4 (0.84%) NoSQL
9 4 (0.84%) Oracle Reports
10 3 (0.63%) Data Mart
10 3 (0.63%) MongoDB
11 1 (0.21%) Big Data
11 1 (0.21%) Hazelcast
11 1 (0.21%) MySQL
11 1 (0.21%) Power BI
11 1 (0.21%) Tableau
Development Applications
1 46 (9.66%) Cypress.io
2 34 (7.14%) JIRA
3 22 (4.62%) TeamCity
4 20 (4.20%) Git
5 9 (1.89%) git-flow
6 8 (1.68%) Jenkins
7 6 (1.26%) Visual Studio
7 6 (1.26%) webpack
8 4 (0.84%) Bitbucket
8 4 (0.84%) JUnit
8 4 (0.84%) Mockito
8 4 (0.84%) Octopus Deploy
9 2 (0.42%) Babel
9 2 (0.42%) Cucumber
9 2 (0.42%) Gradle
9 2 (0.42%) IntelliJ
9 2 (0.42%) Moq
9 2 (0.42%) NUnit
9 2 (0.42%) Selenium
9 2 (0.42%) Visual Studio Code
General
1 363 (76.26%) Finance
2 351 (73.74%) Front Office
3 266 (55.88%) Banking
4 170 (35.71%) Investment Banking
5 52 (10.92%) Social Skills
6 36 (7.56%) Analytical Skills
7 16 (3.36%) Financial Institution
8 9 (1.89%) Back Office
9 8 (1.68%) Marketing
10 4 (0.84%) Public Sector
11 2 (0.42%) General Ledger
11 2 (0.42%) Retail
12 1 (0.21%) Corporate Banking
12 1 (0.21%) Organisational Skills
12 1 (0.21%) Prime Brokerage
12 1 (0.21%) Synthetic Prime Brokerage
Job Titles
1 278 (58.40%) Developer
2 170 (35.71%) Software Engineer
3 141 (29.62%) Developer/Software Engineer
4 111 (23.32%) Python Developer
5 109 (22.90%) Python Engineer
5 109 (22.90%) Python Software Engineer
6 91 (19.12%) React Developer
7 77 (16.18%) Senior
8 62 (13.03%) Analyst
9 59 (12.39%) Business Analyst
9 59 (12.39%) Finance Manager
10 58 (12.18%) Java Developer
11 57 (11.97%) Lead
12 44 (9.24%) Full Stack Developer
13 39 (8.19%) Full Stack Engineer
13 39 (8.19%) Full Stack Software Engineer
14 38 (7.98%) AWS Engineer
14 38 (7.98%) AWS Software Engineer
15 37 (7.77%) Senior Software Engineer
16 35 (7.35%) Senior Developer
Libraries, Frameworks & Software Standards
1 178 (37.39%) gRPC
1 178 (37.39%) Protocol Buffers
2 167 (35.08%) React
3 121 (25.42%) Redux
4 109 (22.90%) Pandas
5 102 (21.43%) NumPy
5 102 (21.43%) SciPy
6 85 (17.86%) Material-UI
7 45 (9.45%) .NET
8 43 (9.03%) FIX Protocol
9 34 (7.14%) AngularJS
10 32 (6.72%) Node.js
11 26 (5.46%) .NET Core
12 25 (5.25%) CSS
13 21 (4.41%) Vue
14 20 (4.20%) WPF
15 18 (3.78%) WebSockets
16 17 (3.57%) HTML
17 16 (3.36%) ASP.NET
18 14 (2.94%) XML
Miscellaneous
1 240 (50.42%) Equities
2 237 (49.79%) Hedge funds
3 235 (49.37%) Derivative
4 195 (40.97%) Foreign Exchange (FX)
5 40 (8.40%) Product Ownership
6 23 (4.83%) Algorithms
7 17 (3.57%) Enterprise Software
8 15 (3.15%) Greenfield Project
9 12 (2.52%) Data Structures
10 10 (2.10%) Pricing Data
11 7 (1.47%) Credit Derivative
12 6 (1.26%) Distributed Systems
13 5 (1.05%) Distributed Computing
14 4 (0.84%) Equity Derivative
14 4 (0.84%) Onboarding
14 4 (0.84%) Public Cloud
14 4 (0.84%) Virtual Team
14 4 (0.84%) Wiki
15 2 (0.42%) Data Protection Act
15 2 (0.42%) Legacy Applications
Operating Systems
1 32 (6.72%) Unix
2 25 (5.25%) Linux
3 9 (1.89%) Windows
4 4 (0.84%) Apple iOS
Processes & Methodologies
1 310 (65.13%) Agile
2 275 (57.77%) Asset Management
3 246 (51.68%) Software Engineering
4 238 (50.00%) Investment Management
5 105 (22.06%) Full Stack Development
6 91 (19.12%) Artificial Intelligence
6 91 (19.12%) Electronic Trading
6 91 (19.12%) Machine Learning
7 66 (13.87%) Automated Trading
8 64 (13.45%) Analytics
9 59 (12.39%) Fintech
10 52 (10.92%) TDD
11 44 (9.24%) Line Management
12 39 (8.19%) DevOps
13 32 (6.72%) Greeks
14 31 (6.51%) Computer Science
15 30 (6.30%) Front End Development
15 30 (6.30%) User Experience
16 27 (5.67%) Roadmaps
17 26 (5.46%) Problem-Solving
Programming Languages
1 261 (54.83%) Python
2 230 (48.32%) TypeScript
3 193 (40.55%) Java
4 182 (38.24%) JavaScript
5 99 (20.80%) SQL
6 84 (17.65%) C#
7 17 (3.57%) R
8 12 (2.52%) C++
9 10 (2.10%) Scala
10 9 (1.89%) Kotlin
11 7 (1.47%) VBA
12 6 (1.26%) Ruby
13 5 (1.05%) Shell Script
14 4 (0.84%) Perl
15 2 (0.42%) PowerShell
15 2 (0.42%) T-SQL
Qualifications
1 44 (9.24%) Degree
2 14 (2.94%) Computer Science Degree
3 12 (2.52%) Numerate Degree
4 6 (1.26%) Master's Degree
5 4 (0.84%) APMP
6 2 (0.42%) CIMA
7 1 (0.21%) ISEB
Quality Assurance & Compliance
1 39 (8.19%) QA
2 33 (6.93%) Data Quality
3 12 (2.52%) MiFID
4 8 (1.68%) EMIR
5 7 (1.47%) Dodd-Frank
6 6 (1.26%) PMO
7 2 (0.42%) GAAP
System Software
1 8 (1.68%) Docker
Systems Management
1 6 (1.26%) Kubernetes
2 4 (0.84%) Control-M
3 1 (0.21%) HP ALM
3 1 (0.21%) ITRS Geneos
Vendors
1 62 (13.03%) Google
2 44 (9.24%) Bloomberg
3 43 (9.03%) ION Trading
4 12 (2.52%) BISAM
4 12 (2.52%) MarketAxess
4 12 (2.52%) Tradeweb
5 10 (2.10%) Oracle
6 7 (1.47%) Microsoft
7 5 (1.05%) Murex
8 4 (0.84%) Solace
9 2 (0.42%) Charles River
9 2 (0.42%) ServiceNow
9 2 (0.42%) TIBCO
10 1 (0.21%) HP
10 1 (0.21%) SimCorp