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

6 months to
8 Jun 2024
Same period 2023 Same period 2022
Rank 198 283 285
Rank change year-on-year +85 +2 +17
Contract jobs citing Fixed Income 512 523 840
As % of all contract jobs advertised in the UK 1.18% 0.94% 0.95%
As % of the Miscellaneous category 3.94% 2.82% 2.87%
Number of daily rates quoted 490 457 724
10th Percentile £550 £522 £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 £875 £838 £825
90th Percentile £888 £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 12,981 18,515 29,316
As % of all contract IT jobs advertised in the UK 29.98% 33.24% 33.24%
Number of daily rates quoted 8,299 12,737 20,609
10th Percentile £274 £310 £315
25th Percentile £413 £446 £440
Median daily rate (50th Percentile) £538 £550 £550
Median % change year-on-year -2.27% - +10.00%
75th Percentile £660 £678 £663
90th Percentile £800 £800 £775
UK excluding London median daily rate £500 £500 £488
% change year-on-year - +2.56% +11.43%
Number of hourly rates quoted 927 612 694
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.24 £10.63 £17.50
Median hourly rate £35.50 £22.13 £26.99
Median % change year-on-year +60.45% -18.03% +5.84%
75th Percentile £61.30 £60.00 £50.58
90th Percentile £71.50 £74.93 £65.75
UK excluding London median hourly rate £35.00 £22.00 £21.50
% change year-on-year +59.09% +2.33% -6.52%

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 8 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 8 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 +72 511 £775 +6.90% 108
London +43 509 £775 +6.90% 102
Work from Home +108 251 £800 +14.29% 27
UK excluding London +33 2 £650 +4.00% 5
North of England - 2 £650 - 3
Yorkshire - 1 £650 -
North West - 1 £650 - 3

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
1 220 (42.97%) Apache
1 220 (42.97%) Apache Airflow
2 11 (2.15%) Confluence
3 7 (1.37%) SAS
4 3 (0.59%) Microsoft Exchange
Applications
1 17 (3.32%) Microsoft Excel
2 11 (2.15%) Microsoft PowerPoint
3 9 (1.76%) MS Visio
4 2 (0.39%) Microsoft Office
5 1 (0.20%) Spreadsheet
Business Applications
1 15 (2.93%) ION Anvil
1 15 (2.93%) ION MarketView
2 13 (2.54%) Aladdin
3 4 (0.78%) Markit EDM
3 4 (0.78%) thinkFolio
4 3 (0.59%) IntelliMatch
4 3 (0.59%) Orchestrade
4 3 (0.59%) RMDS
5 1 (0.20%) Actimize
Cloud Services
1 314 (61.33%) AWS
2 207 (40.43%) GCP
3 147 (28.71%) dbt
4 116 (22.66%) Snowflake
5 115 (22.46%) Azure
6 8 (1.56%) Amazon EC2
6 8 (1.56%) Power Platform
7 5 (0.98%) npm
8 4 (0.78%) Amazon ECS
8 4 (0.78%) Amazon EKS
8 4 (0.78%) Amazon S3
9 2 (0.39%) Yarn
10 1 (0.20%) Serverless
Communications & Networking
1 11 (2.15%) FIX Connectivity
2 2 (0.39%) TCP/IP
Database & Business Intelligence
1 211 (41.21%) Apache Ignite
2 147 (28.71%) Apache Arrow
2 147 (28.71%) Dremio
3 139 (27.15%) Amazon Athena
4 124 (24.22%) Data Lake
5 69 (13.48%) PostgreSQL
6 24 (4.69%) KDB
7 22 (4.30%) Relational Database
8 9 (1.76%) SQL Server
9 8 (1.56%) Big Data
9 8 (1.56%) Power BI
9 8 (1.56%) Tableau
10 5 (0.98%) NoSQL
11 4 (0.78%) Oracle Reports
12 3 (0.59%) Data Mart
12 3 (0.59%) MongoDB
13 1 (0.20%) Hazelcast
13 1 (0.20%) MySQL
Development Applications
1 51 (9.96%) Cypress.io
2 31 (6.05%) JIRA
3 21 (4.10%) Git
4 20 (3.91%) TeamCity
5 11 (2.15%) git-flow
6 7 (1.37%) Jenkins
7 6 (1.17%) Visual Studio
8 5 (0.98%) webpack
9 4 (0.78%) Bitbucket
9 4 (0.78%) JUnit
9 4 (0.78%) Mockito
9 4 (0.78%) Octopus Deploy
10 2 (0.39%) Babel
10 2 (0.39%) Cucumber
10 2 (0.39%) Gradle
10 2 (0.39%) IntelliJ
10 2 (0.39%) Moq
10 2 (0.39%) NUnit
10 2 (0.39%) Selenium
10 2 (0.39%) Visual Studio Code
General
1 397 (77.54%) Finance
2 391 (76.37%) Front Office
3 299 (58.40%) Banking
4 201 (39.26%) Investment Banking
5 45 (8.79%) Social Skills
6 33 (6.45%) Analytical Skills
7 10 (1.95%) Marketing
8 9 (1.76%) Back Office
8 9 (1.76%) Financial Institution
9 2 (0.39%) General Ledger
9 2 (0.39%) Retail
10 1 (0.20%) Corporate Banking
10 1 (0.20%) Organisational Skills
10 1 (0.20%) Prime Brokerage
10 1 (0.20%) Synthetic Prime Brokerage
Job Titles
1 292 (57.03%) Developer
2 194 (37.89%) Software Engineer
3 153 (29.88%) Developer/Software Engineer
4 129 (25.20%) Python Engineer
4 129 (25.20%) Python Software Engineer
5 122 (23.83%) Python Developer
6 97 (18.95%) React Developer
7 94 (18.36%) Senior
8 67 (13.09%) Lead
9 66 (12.89%) Analyst
10 63 (12.30%) Java Developer
11 59 (11.52%) Finance Manager
12 58 (11.33%) Business Analyst
13 55 (10.74%) AWS Engineer
13 55 (10.74%) AWS Software Engineer
14 49 (9.57%) Senior Software Engineer
15 45 (8.79%) Java Engineer
15 45 (8.79%) Java Software Engineer
16 44 (8.59%) Full Stack Developer
17 38 (7.42%) Full Stack Engineer
Libraries, Frameworks & Software Standards
1 219 (42.77%) gRPC
1 219 (42.77%) Protocol Buffers
2 177 (34.57%) React
3 144 (28.13%) Pandas
4 137 (26.76%) NumPy
4 137 (26.76%) SciPy
5 127 (24.80%) Redux
6 88 (17.19%) Material-UI
7 45 (8.79%) .NET
8 41 (8.01%) FIX Protocol
9 38 (7.42%) AngularJS
10 35 (6.84%) Node.js
11 27 (5.27%) CSS
12 26 (5.08%) .NET Core
13 21 (4.10%) Vue
13 21 (4.10%) WPF
14 18 (3.52%) WebSockets
15 17 (3.32%) HTML
16 14 (2.73%) Sass
16 14 (2.73%) Spring
Miscellaneous
1 276 (53.91%) Hedge funds
2 273 (53.32%) Equities
3 258 (50.39%) Derivative
4 231 (45.12%) Foreign Exchange (FX)
5 43 (8.40%) Product Ownership
6 24 (4.69%) Algorithms
7 19 (3.71%) Enterprise Software
8 16 (3.13%) Pricing Data
9 14 (2.73%) Data Structures
10 12 (2.34%) Greenfield Project
11 6 (1.17%) Credit Derivative
11 6 (1.17%) Distributed Systems
12 5 (0.98%) Distributed Computing
13 4 (0.78%) Equity Derivative
13 4 (0.78%) Onboarding
13 4 (0.78%) Public Cloud
13 4 (0.78%) Virtual Team
14 3 (0.59%) Wiki
15 2 (0.39%) Legacy Applications
15 2 (0.39%) Team-Oriented Environment
Operating Systems
1 31 (6.05%) Unix
2 27 (5.27%) Linux
3 9 (1.76%) Windows
4 1 (0.20%) Apple iOS
Processes & Methodologies
1 340 (66.41%) Agile
2 314 (61.33%) Asset Management
3 277 (54.10%) Software Engineering
4 263 (51.37%) Investment Management
5 108 (21.09%) Full Stack Development
6 94 (18.36%) Artificial Intelligence
6 94 (18.36%) Machine Learning
7 92 (17.97%) Electronic Trading
8 75 (14.65%) Analytics
9 70 (13.67%) Automated Trading
10 60 (11.72%) Line Management
11 59 (11.52%) Fintech
12 51 (9.96%) TDD
13 40 (7.81%) Greeks
14 35 (6.84%) DevOps
14 35 (6.84%) User Experience
15 33 (6.45%) Computer Science
16 31 (6.05%) Front End Development
17 27 (5.27%) CI/CD
18 26 (5.08%) Roadmaps
Programming Languages
1 310 (60.55%) Python
2 267 (52.15%) TypeScript
3 223 (43.55%) Java
4 215 (41.99%) JavaScript
5 109 (21.29%) SQL
6 80 (15.63%) C#
7 13 (2.54%) R
8 12 (2.34%) C++
9 9 (1.76%) Scala
10 7 (1.37%) Kotlin
11 6 (1.17%) Ruby
11 6 (1.17%) VBA
12 5 (0.98%) Shell Script
13 4 (0.78%) Perl
14 2 (0.39%) PowerShell
14 2 (0.39%) T-SQL
Qualifications
1 39 (7.62%) Degree
2 15 (2.93%) Computer Science Degree
3 10 (1.95%) Numerate Degree
4 5 (0.98%) Master's Degree
5 2 (0.39%) CIMA
6 1 (0.20%) ISEB
Quality Assurance & Compliance
1 45 (8.79%) Data Quality
2 33 (6.45%) QA
3 9 (1.76%) MiFID
4 5 (0.98%) Dodd-Frank
4 5 (0.98%) EMIR
5 2 (0.39%) GAAP
System Software
1 8 (1.56%) Docker
Systems Management
1 6 (1.17%) Kubernetes
2 4 (0.78%) Control-M
3 1 (0.20%) HP ALM
3 1 (0.20%) ITRS Geneos
Vendors
1 66 (12.89%) Google
2 46 (8.98%) Bloomberg
3 42 (8.20%) ION Trading
4 12 (2.34%) BISAM
5 10 (1.95%) MarketAxess
5 10 (1.95%) Oracle
5 10 (1.95%) Tradeweb
6 7 (1.37%) Murex
7 4 (0.78%) Reuters
7 4 (0.78%) Solace
8 2 (0.39%) Charles River
8 2 (0.39%) ServiceNow
8 2 (0.39%) TIBCO
9 1 (0.20%) HP
9 1 (0.20%) Microsoft
9 1 (0.20%) SimCorp