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 1 June 2024 with a comparison to the same period over the previous 2 years.

6 months to
1 Jun 2024
Same period 2023 Same period 2022
Rank 205 281 300
Rank change year-on-year +76 +19 +3
Contract jobs citing Fixed Income 494 517 811
As % of all contract jobs advertised in the UK 1.15% 0.92% 0.93%
As % of the Miscellaneous category 3.81% 2.77% 2.79%
Number of daily rates quoted 474 447 697
10th Percentile £550 £525 £538
25th Percentile £650 £563 £606
Median daily rate (50th Percentile) £775 £725 £713
Median % change year-on-year +6.90% +1.75% +9.62%
75th Percentile £863 £844 £813
90th Percentile £896 £938 £888
UK excluding London median daily rate £650 £625 £373
% change year-on-year +4.00% +67.79% -35.22%
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 12,955 18,685 29,032
As % of all contract IT jobs advertised in the UK 30.09% 33.33% 33.14%
Number of daily rates quoted 8,317 12,877 20,364
10th Percentile £270 £313 £315
25th Percentile £413 £450 £438
Median daily rate (50th Percentile) £538 £550 £550
Median % change year-on-year -2.18% - +10.00%
75th Percentile £663 £678 £663
90th Percentile £800 £800 £770
UK excluding London median daily rate £500 £500 £488
% change year-on-year - +2.56% +11.43%
Number of hourly rates quoted 922 612 691
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.18 £10.63 £17.19
Median hourly rate £35.00 £22.13 £26.98
Median % change year-on-year +58.19% -17.99% +5.80%
75th Percentile £61.30 £60.00 £50.00
90th Percentile £71.25 £74.93 £65.76
UK excluding London median hourly rate £34.61 £22.00 £21.25
% change year-on-year +57.30% +3.53% -7.61%

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 1 June 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 7 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 1 June 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 +65 493 £775 +6.90% 136
London +54 491 £775 +6.90% 127
Work from Home +109 237 £800 +14.29% 58
UK excluding London +34 2 £650 +4.00% 7
North of England - 2 £650 - 4
Yorkshire - 1 £650 -
North West - 1 £650 - 4

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
1 205 (41.50%) Apache Airflow
2 203 (41.09%) Apache
3 12 (2.43%) Confluence
4 7 (1.42%) SAS
5 3 (0.61%) Microsoft Exchange
Applications
1 19 (3.85%) Microsoft Excel
2 13 (2.63%) Microsoft PowerPoint
3 10 (2.02%) MS Visio
4 3 (0.61%) Microsoft Office
5 1 (0.20%) Microsoft Project
5 1 (0.20%) Spreadsheet
Business Applications
1 16 (3.24%) ION MarketView
2 15 (3.04%) ION Anvil
3 13 (2.63%) Aladdin
4 4 (0.81%) Markit EDM
4 4 (0.81%) thinkFolio
5 3 (0.61%) IntelliMatch
5 3 (0.61%) Orchestrade
5 3 (0.61%) RMDS
6 1 (0.20%) Actimize
6 1 (0.20%) Loan IQ
Cloud Services
1 298 (60.32%) AWS
2 200 (40.49%) GCP
3 131 (26.52%) dbt
4 117 (23.68%) Azure
5 103 (20.85%) Snowflake
6 6 (1.21%) npm
6 6 (1.21%) Power Platform
7 4 (0.81%) Amazon EC2
7 4 (0.81%) Amazon S3
8 2 (0.40%) Yarn
9 1 (0.20%) Serverless
Communications & Networking
1 12 (2.43%) FIX Connectivity
2 1 (0.20%) TCP/IP
Database & Business Intelligence
1 196 (39.68%) Apache Ignite
2 131 (26.52%) Apache Arrow
2 131 (26.52%) Dremio
3 125 (25.30%) Amazon Athena
4 109 (22.06%) Data Lake
5 69 (13.97%) PostgreSQL
6 24 (4.86%) KDB
7 22 (4.45%) Relational Database
8 9 (1.82%) SQL Server
9 6 (1.21%) Big Data
9 6 (1.21%) Power BI
9 6 (1.21%) Tableau
10 4 (0.81%) NoSQL
10 4 (0.81%) Oracle Reports
11 3 (0.61%) Data Mart
11 3 (0.61%) MongoDB
12 1 (0.20%) Hazelcast
12 1 (0.20%) MySQL
Development Applications
1 51 (10.32%) Cypress.io
2 33 (6.68%) JIRA
3 21 (4.25%) TeamCity
4 20 (4.05%) Git
5 10 (2.02%) git-flow
6 7 (1.42%) Jenkins
7 6 (1.21%) Visual Studio
7 6 (1.21%) webpack
8 4 (0.81%) Bitbucket
8 4 (0.81%) JUnit
8 4 (0.81%) Mockito
8 4 (0.81%) Octopus Deploy
9 2 (0.40%) Babel
9 2 (0.40%) Cucumber
9 2 (0.40%) Gradle
9 2 (0.40%) IntelliJ
9 2 (0.40%) Moq
9 2 (0.40%) NUnit
9 2 (0.40%) Selenium
9 2 (0.40%) Visual Studio Code
General
1 381 (77.13%) Finance
2 374 (75.71%) Front Office
3 286 (57.89%) Banking
4 187 (37.85%) Investment Banking
5 43 (8.70%) Social Skills
6 34 (6.88%) Analytical Skills
7 10 (2.02%) Financial Institution
8 9 (1.82%) Back Office
8 9 (1.82%) Marketing
9 2 (0.40%) General Ledger
9 2 (0.40%) Retail
10 1 (0.20%) Corporate Banking
10 1 (0.20%) Organisational Skills
10 1 (0.20%) Prime Brokerage
10 1 (0.20%) Public Sector
10 1 (0.20%) Synthetic Prime Brokerage
Job Titles
1 284 (57.49%) Developer
2 186 (37.65%) Software Engineer
3 149 (30.16%) Developer/Software Engineer
4 123 (24.90%) Python Engineer
4 123 (24.90%) Python Software Engineer
5 116 (23.48%) Python Developer
6 96 (19.43%) React Developer
7 87 (17.61%) Senior
8 65 (13.16%) Analyst
9 62 (12.55%) Lead
10 61 (12.35%) Java Developer
11 59 (11.94%) Business Analyst
11 59 (11.94%) Finance Manager
12 48 (9.72%) AWS Engineer
12 48 (9.72%) AWS Software Engineer
13 45 (9.11%) Full Stack Developer
13 45 (9.11%) Senior Software Engineer
14 40 (8.10%) Java Engineer
14 40 (8.10%) Java Software Engineer
15 39 (7.89%) Full Stack Engineer
Libraries, Frameworks & Software Standards
1 204 (41.30%) gRPC
1 204 (41.30%) Protocol Buffers
2 173 (35.02%) React
3 129 (26.11%) Pandas
4 126 (25.51%) Redux
5 122 (24.70%) NumPy
5 122 (24.70%) SciPy
6 88 (17.81%) Material-UI
7 43 (8.70%) .NET
8 42 (8.50%) FIX Protocol
9 34 (6.88%) AngularJS
9 34 (6.88%) Node.js
10 26 (5.26%) .NET Core
10 26 (5.26%) CSS
11 21 (4.25%) Vue
12 19 (3.85%) WebSockets
12 19 (3.85%) WPF
13 17 (3.44%) HTML
14 14 (2.83%) ASP.NET
14 14 (2.83%) Spring
Miscellaneous
1 259 (52.43%) Equities
1 259 (52.43%) Hedge funds
2 245 (49.60%) Derivative
3 214 (43.32%) Foreign Exchange (FX)
4 41 (8.30%) Product Ownership
5 23 (4.66%) Algorithms
6 18 (3.64%) Enterprise Software
7 14 (2.83%) Pricing Data
8 13 (2.63%) Data Structures
9 12 (2.43%) Greenfield Project
10 6 (1.21%) Credit Derivative
10 6 (1.21%) Distributed Systems
11 5 (1.01%) Distributed Computing
12 4 (0.81%) Equity Derivative
12 4 (0.81%) Onboarding
12 4 (0.81%) Public Cloud
12 4 (0.81%) Virtual Team
12 4 (0.81%) Wiki
13 2 (0.40%) Data Protection Act
13 2 (0.40%) Legacy Applications
Operating Systems
1 32 (6.48%) Unix
2 26 (5.26%) Linux
3 9 (1.82%) Windows
4 2 (0.40%) Apple iOS
Processes & Methodologies
1 327 (66.19%) Agile
2 300 (60.73%) Asset Management
3 266 (53.85%) Software Engineering
4 256 (51.82%) Investment Management
5 108 (21.86%) Full Stack Development
6 94 (19.03%) Artificial Intelligence
6 94 (19.03%) Machine Learning
7 91 (18.42%) Electronic Trading
8 71 (14.37%) Analytics
9 70 (14.17%) Automated Trading
10 59 (11.94%) Fintech
11 52 (10.53%) Line Management
11 52 (10.53%) TDD
12 37 (7.49%) DevOps
12 37 (7.49%) Greeks
13 33 (6.68%) User Experience
14 32 (6.48%) Front End Development
15 29 (5.87%) Computer Science
16 26 (5.26%) CI/CD
16 26 (5.26%) Roadmaps
Programming Languages
1 289 (58.50%) Python
2 254 (51.42%) TypeScript
3 210 (42.51%) Java
4 202 (40.89%) JavaScript
5 102 (20.65%) SQL
6 80 (16.19%) C#
7 14 (2.83%) R
8 12 (2.43%) C++
9 9 (1.82%) Scala
10 7 (1.42%) Kotlin
11 6 (1.21%) Ruby
11 6 (1.21%) VBA
12 5 (1.01%) Shell Script
13 4 (0.81%) Perl
14 2 (0.40%) PowerShell
14 2 (0.40%) T-SQL
Qualifications
1 38 (7.69%) Degree
2 13 (2.63%) Computer Science Degree
3 9 (1.82%) Numerate Degree
4 4 (0.81%) Master's Degree
5 2 (0.40%) CIMA
6 1 (0.20%) APMP
6 1 (0.20%) ISEB
Quality Assurance & Compliance
1 41 (8.30%) Data Quality
2 35 (7.09%) QA
3 10 (2.02%) MiFID
4 6 (1.21%) Dodd-Frank
4 6 (1.21%) EMIR
5 2 (0.40%) GAAP
6 1 (0.20%) PMO
System Software
1 8 (1.62%) Docker
Systems Management
1 6 (1.21%) Kubernetes
2 4 (0.81%) Control-M
3 1 (0.20%) HP ALM
3 1 (0.20%) ITRS Geneos
Vendors
1 66 (13.36%) Google
2 43 (8.70%) Bloomberg
3 42 (8.50%) ION Trading
4 12 (2.43%) BISAM
5 11 (2.23%) MarketAxess
5 11 (2.23%) Tradeweb
6 10 (2.02%) Oracle
7 7 (1.42%) Murex
8 4 (0.81%) Solace
9 2 (0.40%) Charles River
9 2 (0.40%) Microsoft
9 2 (0.40%) ServiceNow
9 2 (0.40%) TIBCO
10 1 (0.20%) HP
10 1 (0.20%) SimCorp