The table below looks at the prevalence of the term Foreign Exchange (FX) in contract job vacancies advertised in Canary Wharf. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Foreign Exchange (FX) over the 3 months to 22 June 2017 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Foreign Exchange (FX)
London / Canary Wharf
3 months to
22 Jun 2017
Same period 2016 Same period 2015
Rank 14 20 29
Rank change year-on-year +6 +9  
Contract jobs citing Foreign Exchange (FX) 8 3 1
As % of all contract IT jobs advertised in Canary Wharf 7.48% 2.44% 0.60%
As % of the Miscellaneous category 16.67% 6.52% 1.33%
Number of daily rates quoted 8 3 1
Median daily rate £625 £650 £500
Median daily rate % change year-on-year -3.84% +30.00%  
UK excluding London median daily rate £375 £375 £375
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £47.50 - -

Foreign Exchange (FX) is in the generic IT skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Canary Wharf with a requirement for generic IT skills.

Generic IT Skills
Canary Wharf
Contract job vacancies with a requirement for generic IT skills 48 46 75
As % of all contract IT job vacancies advertised in Canary Wharf 44.86% 37.40% 45.18%
Number of daily rates quoted 38 31 55
Median daily rate £575 £500 £475
Median daily rate % change year-on-year +15.00% +5.26%  
90% offered a daily rate of more than £450 £359 £348
10% offered a daily rate of more than £750 £615 £550
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.02% +3.53%  
Number of hourly rates quoted 0 0 2
Median hourly rate - - £12.50
UK excluding London median hourly rate £25.00 £22.75 £18.69
% change year-on-year +9.89% +21.72%  

Foreign Exchange (FX)
Job Vacancy Trend in Canary Wharf

The job posting trend of jobs advertised in Canary Wharf citing Foreign Exchange (FX) as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

Job vacancy trend for Foreign Exchange (FX) in Canary Wharf

Foreign Exchange (FX)
Contractor Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Foreign Exchange (FX) in Canary Wharf.

Contractor daily rate trend for Foreign Exchange (FX) in Canary Wharf

Foreign Exchange (FX)
Contractor Daily Rate Histogram in Canary Wharf

The daily rate distribution of IT jobs citing Foreign Exchange (FX) in Canary Wharf over the 3 months to 22 June 2017.

Contractor daily rate histogram for Foreign Exchange (FX) in Canary Wharf

Foreign Exchange (FX)
Contractor Hourly Rate Trend in Canary Wharf

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Foreign Exchange (FX) in Canary Wharf.

Contractor hourly rate trend for Foreign Exchange (FX) in Canary Wharf

For the 6 months to 22 June 2017, IT contractor jobs citing Foreign Exchange (FX) also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Canary Wharf region with a requirement for Foreign Exchange (FX).

1 8 (57.14%) Banking
2 7 (50.00%) Electronic Trading
2 7 (50.00%) Java
3 6 (42.86%) SQL
3 6 (42.86%) Front Office
4 5 (35.71%) Finance
5 4 (28.57%) Investment Banking
5 4 (28.57%) C++
5 4 (28.57%) Unix
6 3 (21.43%) Linux
6 3 (21.43%) OO
6 3 (21.43%) XML
6 3 (21.43%) SOA
6 3 (21.43%) FIX Protocol
6 3 (21.43%) KDB
6 3 (21.43%) Multithreading
6 3 (21.43%) Analytics
6 3 (21.43%) Relational Database
6 3 (21.43%) High-Frequency Trading
7 2 (14.29%) Low Latency
7 2 (14.29%) Data Analytics
7 2 (14.29%) Functional Programming
7 2 (14.29%) Market Making
7 2 (14.29%) GoldenSource
7 2 (14.29%) Spring
7 2 (14.29%) Algorithmic Trading
7 2 (14.29%) Scala
7 2 (14.29%) Back Office
7 2 (14.29%) Fixed Income
7 2 (14.29%) Reuters

Foreign Exchange (FX)
Co-occurring IT Skills in Canary Wharf 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:

Application Platforms
1 2 (14.29%) SharePoint
2 1 (7.14%) Confluence
Applications
1 2 (14.29%) MS Visio
2 1 (7.14%) Microsoft Excel
2 1 (7.14%) Microsoft Office
2 1 (7.14%) S-PLUS
Database & Business Intelligence
1 3 (21.43%) KDB
1 3 (21.43%) Relational Database
2 1 (7.14%) Data Warehouse
2 1 (7.14%) DB2
2 1 (7.14%) Kdb+
2 1 (7.14%) SQL Server
2 1 (7.14%) Star Schema
Development Applications
1 2 (14.29%) JUnit
2 1 (7.14%) ERwin
2 1 (7.14%) IntelliJ
2 1 (7.14%) JIRA
2 1 (7.14%) PowerBuilder
2 1 (7.14%) Toad
General
1 8 (57.14%) Banking
2 6 (42.86%) Front Office
3 5 (35.71%) Finance
4 4 (28.57%) Investment Banking
5 2 (14.29%) Back Office
6 1 (7.14%) German Language
Job Titles
1 9 (64.29%) Developer
2 4 (28.57%) Analyst
2 4 (28.57%) C++ Developer
2 4 (28.57%) Java Developer
3 3 (21.43%) Business Analyst
4 2 (14.29%) Data Business Analyst
4 2 (14.29%) Electronic Trading Developer
4 2 (14.29%) Electronic Trading Java Developer
4 2 (14.29%) Investment Banking C++ Developer
4 2 (14.29%) Java Swing Developer
4 2 (14.29%) SQL Developer
5 1 (7.14%) Data Storage Analyst
5 1 (7.14%) Front Office C++ Developer
5 1 (7.14%) FX Business Analyst
5 1 (7.14%) FX Project Manager
5 1 (7.14%) Scala Developer
5 1 (7.14%) SQL Analyst
5 1 (7.14%) SQL Data Analyst
5 1 (7.14%) Storage Analyst
5 1 (7.14%) Testing Project Manager
Libraries, Frameworks & Software Standards
1 3 (21.43%) FIX Protocol
1 3 (21.43%) XML
2 2 (14.29%) Spring
2 2 (14.29%) Swing
3 1 (7.14%) HTML
3 1 (7.14%) HTML5
3 1 (7.14%) REST
Miscellaneous
1 2 (14.29%) Fixed Income
2 1 (7.14%) Algorithms
2 1 (7.14%) Analytical Skills
2 1 (7.14%) Derivative
2 1 (7.14%) Equities
2 1 (7.14%) Reference Data
Operating Systems
1 4 (28.57%) Unix
2 3 (21.43%) Linux
3 1 (7.14%) Windows
Processes & Methodologies
1 7 (50.00%) Electronic Trading
2 3 (21.43%) Analytics
2 3 (21.43%) High-Frequency Trading
2 3 (21.43%) Multithreading
2 3 (21.43%) OO
2 3 (21.43%) SOA
3 2 (14.29%) Algorithmic Trading
3 2 (14.29%) Business Intelligence
3 2 (14.29%) Data Analytics
3 2 (14.29%) Functional Programming
3 2 (14.29%) Low Latency
3 2 (14.29%) Market Making
4 1 (7.14%) Business Analytics
4 1 (7.14%) Kimball Methodology
4 1 (7.14%) Portfolio Management
4 1 (7.14%) System Testing
4 1 (7.14%) Test Strategy
4 1 (7.14%) Time Series Analysis
4 1 (7.14%) Waterfall
4 1 (7.14%) Wealth Management
Programming Languages
1 7 (50.00%) Java
2 6 (42.86%) SQL
3 4 (28.57%) C++
4 2 (14.29%) Scala
5 1 (7.14%) C#
5 1 (7.14%) MATLAB
5 1 (7.14%) PL/SQL
5 1 (7.14%) R
5 1 (7.14%) T-SQL
Qualifications
1 1 (7.14%) Degree
Quality Assurance & Compliance
1 1 (7.14%) MiFID
1 1 (7.14%) QA
Vendors
1 2 (14.29%) Bloomberg
1 2 (14.29%) GoldenSource
1 2 (14.29%) Microsoft
1 2 (14.29%) Reuters
2 1 (7.14%) FXall
2 1 (7.14%) Informatica
2 1 (7.14%) MicroStrategy
2 1 (7.14%) Oracle