Period
to 24 February 2018

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 6 months to 24 February 2018 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)
Tower Hamlets > Canary Wharf
6 months to
24 Feb 2018
Same period 2017 Same period 2016
Rank 30 20 39
Rank change year-on-year -10 +19 -10
Contract jobs citing Foreign Exchange (FX) 14 18 3
As % of all contract IT jobs advertised in Canary Wharf 5.04% 6.19% 0.98%
As % of the Miscellaneous category 9.03% 13.24% 2.46%
Number of daily rates quoted 13 10 2
Canary Wharf median daily rate £650 £550 £499
Median daily rate % change year-on-year +18.18% +10.28% -11.33%
10th Percentile £613 £363 £386
90th Percentile £763 £639 £627
Tower Hamlets median daily rate £650 £550 £499
% change year-on-year +18.18% +10.28% -2.68%
Number of hourly rates quoted 0 0 0
Canary Wharf median hourly rate - - -
Tower Hamlets median hourly rate - - -

Foreign Exchange (FX) is in the Generic IT Skills category. The following 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.

All Generic IT Skills
Canary Wharf
Contract vacancies with a requirement for generic IT skills 155 136 122
As % of all contract IT jobs advertised in Canary Wharf 55.76% 46.74% 40.00%
Number of daily rates quoted 137 85 95
Canary Wharf median daily rate £547 £550 £465
Median daily rate % change year-on-year -0.55% +18.28% +6.29%
10th Percentile £298 £350 £263
90th Percentile £675 £650 £664
Tower Hamlets median daily rate £547 £550 £475
% change year-on-year -0.55% +15.79% -
Number of hourly rates quoted 1 0 0
Canary Wharf median hourly rate £15.50 - -
Tower Hamlets median hourly rate £15.50 - -

Foreign Exchange (FX)
Job Vacancy Trend in Canary Wharf

Job postings citing Foreign Exchange (FX) as a percentage of all IT jobs advertised in Canary Wharf.

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 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 24 February 2018, IT contractor jobs citing Foreign Exchange (FX) also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Canary Wharf region with a requirement for Foreign Exchange (FX).

1 9 (64.29%) Banking
2 7 (50.00%) Investment Banking
2 7 (50.00%) Multithreading
3 6 (42.86%) Electronic Trading
3 6 (42.86%) Low Latency
3 6 (42.86%) Front Office
3 6 (42.86%) Java
3 6 (42.86%) Linux
4 4 (28.57%) C++
4 4 (28.57%) Scala
5 3 (21.43%) Algorithmic Trading
5 3 (21.43%) Unix
6 2 (14.29%) Agile Software Development
6 2 (14.29%) Finance
6 2 (14.29%) Degree
6 2 (14.29%) FIX Protocol
6 2 (14.29%) Mathematics
6 2 (14.29%) Computer Science
6 2 (14.29%) QA
6 2 (14.29%) Regression Testing
6 2 (14.29%) Swing
6 2 (14.29%) Computer Science Degree
6 2 (14.29%) Middleware
6 2 (14.29%) Solace
6 2 (14.29%) Performance Optimisation
6 2 (14.29%) Test Automation
6 2 (14.29%) High Availability
6 2 (14.29%) Continuous Improvement
6 2 (14.29%) Performance Tuning
6 2 (14.29%) Functional Programming

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:

Database & Business Intelligence
1 1 (7.14%) KDB
Development Applications
1 1 (7.14%) Gradle
1 1 (7.14%) IntelliJ
1 1 (7.14%) JUnit
General
1 9 (64.29%) Banking
2 7 (50.00%) Investment Banking
3 6 (42.86%) Front Office
4 2 (14.29%) Finance
Job Titles
1 10 (71.43%) Developer
2 5 (35.71%) Java Developer
3 3 (21.43%) C++ Developer
3 3 (21.43%) Consultant
3 3 (21.43%) Payments Consultant
3 3 (21.43%) Senior Consultant
3 3 (21.43%) Senior Payments Consultant
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%) Scala Developer
4 2 (14.29%) Senior Developer
4 2 (14.29%) Senior Java Developer
5 1 (7.14%) Analyst
5 1 (7.14%) Automation Test Analyst
5 1 (7.14%) Investment Banking Java Developer
5 1 (7.14%) Test Analyst
Libraries, Frameworks & Software Standards
1 2 (14.29%) FIX Protocol
1 2 (14.29%) Middleware
1 2 (14.29%) Swing
2 1 (7.14%) AngularJS
2 1 (7.14%) Ultra Messaging
Miscellaneous
1 2 (14.29%) Computer Science
2 1 (7.14%) Analytical Skills
2 1 (7.14%) Derivative
2 1 (7.14%) Fixed Income
2 1 (7.14%) Grid Computing
2 1 (7.14%) Market Risk
Operating Systems
1 6 (42.86%) Linux
2 3 (21.43%) Unix
3 1 (7.14%) Solaris
Processes & Methodologies
1 7 (50.00%) Multithreading
2 6 (42.86%) Electronic Trading
2 6 (42.86%) Low Latency
3 3 (21.43%) Algorithmic Trading
4 2 (14.29%) Agile Software Development
4 2 (14.29%) Continuous Improvement
4 2 (14.29%) Functional Programming
4 2 (14.29%) High Availability
4 2 (14.29%) Mathematics
4 2 (14.29%) Performance Optimisation
4 2 (14.29%) Performance Tuning
4 2 (14.29%) Regression Testing
4 2 (14.29%) Test Automation
5 1 (7.14%) Continuous Integration
5 1 (7.14%) Enterprise Architecture
5 1 (7.14%) Market Making
5 1 (7.14%) Risk Management
5 1 (7.14%) Systematic Trading
5 1 (7.14%) Ultra-Low Latency
Programming Languages
1 6 (42.86%) Java
2 4 (28.57%) C++
2 4 (28.57%) Scala
3 1 (7.14%) C
3 1 (7.14%) SQL
Qualifications
1 2 (14.29%) Computer Science Degree
1 2 (14.29%) Degree
Quality Assurance & Compliance
1 2 (14.29%) QA
Vendors
1 2 (14.29%) Solace
2 1 (7.14%) Talarian
2 1 (7.14%) TIBCO